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CONSOLIDATED STATEMENT OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Net sales $ 7,308.9us-gaap_Revenues $ 7,084.0us-gaap_Revenues $ 6,982.2us-gaap_Revenues
Cost of goods sold (5,855.4)us-gaap_CostOfRevenue (5,644.5)us-gaap_CostOfRevenue (5,582.1)us-gaap_CostOfRevenue
Gross profit 1,453.5us-gaap_GrossProfit 1,439.5us-gaap_GrossProfit 1,400.1us-gaap_GrossProfit
Selling, general and administrative expenses (1,030.4)us-gaap_SellingGeneralAndAdministrativeExpense (1,020.4)us-gaap_SellingGeneralAndAdministrativeExpense (1,033.3)us-gaap_SellingGeneralAndAdministrativeExpense
Income (loss) from operations 423.1us-gaap_OperatingIncomeLoss 419.1us-gaap_OperatingIncomeLoss 366.8us-gaap_OperatingIncomeLoss
Other income (expense)      
Interest income 6.6us-gaap_InvestmentIncomeInterest 6.7us-gaap_InvestmentIncomeInterest 8.8us-gaap_InvestmentIncomeInterest
Interest expense (119.1)us-gaap_InterestExpense (126.1)us-gaap_InterestExpense (164.6)us-gaap_InterestExpense
Loss on early extinguishment of debt (2.6)us-gaap_GainsLossesOnExtinguishmentOfDebt (5.2)us-gaap_GainsLossesOnExtinguishmentOfDebt (83.0)us-gaap_GainsLossesOnExtinguishmentOfDebt
Amortization of debt issuance costs (7.4)us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts (8.5)us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts (9.6)us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts
Other income (expense) – net (3.4)us-gaap_OtherNonoperatingIncomeExpense 5.3us-gaap_OtherNonoperatingIncomeExpense 7.9us-gaap_OtherNonoperatingIncomeExpense
Income (loss) from continuing operations before income taxes 297.2us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 291.3us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 126.3us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
(Provision for) benefit from income taxes (37.7)us-gaap_IncomeTaxExpenseBenefit (87.4)us-gaap_IncomeTaxExpenseBenefit (51.5)us-gaap_IncomeTaxExpenseBenefit
Income (loss) from continuing operations 259.5us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 203.9us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 74.8us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Income (loss) from discontinued operations – net of tax 1.4us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax 14.4us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax 28.4us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
Gain (loss) on disposition of discontinued operations – net of tax 58.6us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax 2.6us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax 0.4us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
Net income (loss) 319.5us-gaap_ProfitLoss 220.9us-gaap_ProfitLoss 103.6us-gaap_ProfitLoss
Net loss (income) attributable to noncontrolling interest (0.5)us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity 5.1us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity 2.2us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
Net income (loss) attributable to Terex Corporation 319.0us-gaap_NetIncomeLoss 226.0us-gaap_NetIncomeLoss 105.8us-gaap_NetIncomeLoss
Amounts attributable to Terex Corporation common stockholders:      
Income (loss) from continuing operations 259.0us-gaap_IncomeLossFromContinuingOperations 209.0us-gaap_IncomeLossFromContinuingOperations 77.0us-gaap_IncomeLossFromContinuingOperations
Income (loss) from discontinued operations – net of tax 1.4us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax 14.4us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax 28.4us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
Gain (loss) on disposition of discontinued operations – net of tax 58.6us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax 2.6us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax 0.4us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
Net income (loss) attributable to Terex Corporation $ 319.0us-gaap_NetIncomeLoss $ 226.0us-gaap_NetIncomeLoss $ 105.8us-gaap_NetIncomeLoss
Basic Earnings (Loss) per Share Attributable to Terex Corporation Common Stockholders:      
Income (loss) from continuing operations $ 2.36us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 1.88us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 0.70us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Income (loss) from discontinued operations – net of tax $ 0.01us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare $ 0.13us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare $ 0.26us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
Gain (loss) on disposition of discontinued operations – net of tax $ 0.54us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerBasicShare $ 0.02us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerBasicShare $ 0.00us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerBasicShare
Net income (loss) attributable to Terex Corporation (in dollars per share) $ 2.91us-gaap_EarningsPerShareBasic $ 2.03us-gaap_EarningsPerShareBasic $ 0.96us-gaap_EarningsPerShareBasic
Diluted Earnings (Loss) per Share Attributable to Terex Corporation Common Stockholders:      
Income (loss) from continuing operations $ 2.27us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 1.79us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 0.68us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Income (loss) from discontinued operations – net of tax $ 0.01us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare $ 0.12us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare $ 0.25us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
Gain (loss) on disposition of discontinued operations – net of tax $ 0.51us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerDilutedShare $ 0.02us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerDilutedShare $ 0.00us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerDilutedShare
Net income (loss) attributable to Terex Corporation (in dollars per share) $ 2.79us-gaap_EarningsPerShareDiluted $ 1.93us-gaap_EarningsPerShareDiluted $ 0.93us-gaap_EarningsPerShareDiluted
Weighted average number of shares outstanding in per share calculation      
Basic (in shares) 109.7us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 111.1us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 110.3us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 114.2us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 117.0us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 113.9us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding