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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Schedule of earnings per share
 
For the year ended December 31,
 
(in millions, except per share data)
 
2014
 
2013
 
2012
Net income (loss) from continuing operations attributable to Terex Corporation common stockholders
$
259.0

 
$
209.0

 
$
77.0

Income (loss) from discontinued operations-net of tax
1.4

 
14.4

 
28.4

Gain (loss) on disposition of discontinued operations-net of tax
58.6

 
2.6

 
0.4

Net income (loss) attributable to Terex Corporation
$
319.0

 
$
226.0

 
$
105.8

Basic shares:
 
 
 
 
 
Weighted average shares outstanding
109.7

 
111.1

 
110.3

Earnings per share - basic:
 
 
 
 
 
Income (loss) from continuing operations
$
2.36

 
$
1.88

 
$
0.70

Income (loss) from discontinued operations-net of tax
0.01

 
0.13

 
0.26

Gain (loss) on disposition of discontinued operations-net of tax
0.54

 
0.02

 

Net income (loss) attributable to Terex Corporation
$
2.91

 
$
2.03

 
$
0.96

Diluted shares:
 
 
 
 
 
Weighted average shares outstanding
109.7

 
111.1

 
110.3

Effect of dilutive securities:
 
 
 
 
 
Stock options, restricted stock awards and convertible notes
4.5

 
5.9

 
3.6

Diluted weighted average shares outstanding
114.2

 
117.0

 
113.9

Earnings per share - diluted:
 
 
 
 
 
Income (loss) from continuing operations
$
2.27

 
$
1.79

 
$
0.68

Income (loss) from discontinued operations-net of tax
0.01

 
0.12

 
0.25

Gain (loss) on disposition of discontinued operations-net of tax
0.51

 
0.02

 

Net income (loss) attributable to Terex Corporation
$
2.79

 
$
1.93

 
$
0.93

Schedule of noncontrolling interest attributable to common stockholders
The following table provides information to reconcile amounts reported on the Consolidated Statement of Income to amounts used to calculate earnings per share attributable to Terex Corporation common stockholders (in millions) for the year ended December 31:
Reconciliation of amounts attributable to common stockholders:
2014
 
2013
 
2012
Income (loss) from continuing operations
$
259.5

 
$
203.9

 
$
74.8

Noncontrolling interest attributed to income (loss) from continuing operations
(0.5
)
 
5.1

 
2.2

Income (loss) from continuing operations attributable to common stockholders
$
259.0

 
$
209.0

 
$
77.0