DISPOSITIONS

12 Months Ended

Dec. 31, 2014

Business Combinations [Abstract]

Business Combination Disclosure [Text Block]

DISPOSITIONS

On December 19, 2014, the Company completed the sale of 51% of A.S.V., Inc. to Manitex International, Inc. (“Manitex”), resulting in a joint venture in compact track loaders and skid steers that is 51% owned by Manitex and 49% owned by Terex and accounted for it as an equity method investment. On December 31, 2014, the Company sold 100% of Demag Cranes and Components Pty. Ltd. The Company recorded a net loss on these dispositions of approximately $16 million in Selling, general and administrative expenses on the Consolidated Statement of Income. Cash received from these dispositions is included in the Consolidated Statement of Cash Flows investing activities.