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CONSOLIDATED BALANCE SHEET (USD $)
In Millions, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Current assets    
Cash and cash equivalents $ 478.2us-gaap_CashAndCashEquivalentsAtCarryingValue $ 408.1us-gaap_CashAndCashEquivalentsAtCarryingValue
Trade receivables (net of allowance of $30.5 and $47.6 at December 31, 2014 and 2013, respectively) 1,086.4us-gaap_ReceivablesNetCurrent 1,176.8us-gaap_ReceivablesNetCurrent
Inventories 1,460.9us-gaap_InventoryNet 1,613.2us-gaap_InventoryNet
Prepaid assets 248.0us-gaap_PrepaidExpenseCurrent 220.9us-gaap_PrepaidExpenseCurrent
Other current assets 82.7us-gaap_OtherAssetsCurrent 91.1us-gaap_OtherAssetsCurrent
Current assets – discontinued operations 0us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent 129.3us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
Total current assets 3,356.2us-gaap_AssetsCurrent 3,639.4us-gaap_AssetsCurrent
Non-current assets    
Property, plant and equipment – net 690.3us-gaap_PropertyPlantAndEquipmentNet 789.4us-gaap_PropertyPlantAndEquipmentNet
Goodwill 1,131.0us-gaap_Goodwill 1,245.6us-gaap_Goodwill
Intangible assets – net 325.4us-gaap_IntangibleAssetsNetExcludingGoodwill 444.8us-gaap_IntangibleAssetsNetExcludingGoodwill
Other assets 425.1us-gaap_OtherAssetsNoncurrent 401.9us-gaap_OtherAssetsNoncurrent
Non-current assets – discontinued operations 0us-gaap_DisposalGroupIncludingDiscontinuedOperationLongLivedAssets 15.6us-gaap_DisposalGroupIncludingDiscontinuedOperationLongLivedAssets
Total assets 5,928.0us-gaap_Assets 6,536.7us-gaap_Assets
Current liabilities    
Notes payable and current portion of long-term debt 152.5us-gaap_DebtCurrent 86.8us-gaap_DebtCurrent
Trade accounts payable 736.1us-gaap_AccountsPayableCurrent 689.1us-gaap_AccountsPayableCurrent
Accrued compensation and benefits 204.0us-gaap_EmployeeRelatedLiabilitiesCurrent 234.3us-gaap_EmployeeRelatedLiabilitiesCurrent
Accrued warranties and product liability 74.2tex_ProductWarrantyAccrualAndLossContingencyAccrualProductLiabilityNet 96.2tex_ProductWarrantyAccrualAndLossContingencyAccrualProductLiabilityNet
Customer advances 197.4us-gaap_CustomerAdvancesCurrent 302.1us-gaap_CustomerAdvancesCurrent
Other current liabilities 278.9us-gaap_OtherLiabilitiesCurrent 270.1us-gaap_OtherLiabilitiesCurrent
Current liabilities – discontinued operations 0us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent 46.1us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
Total current liabilities 1,643.1us-gaap_LiabilitiesCurrent 1,724.7us-gaap_LiabilitiesCurrent
Non-current liabilities    
Long-term debt, less current portion 1,636.3us-gaap_LongTermDebtAndCapitalLeaseObligations 1,889.9us-gaap_LongTermDebtAndCapitalLeaseObligations
Retirement plans 432.5us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent 388.2us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
Other non-current liabilities 177.0us-gaap_OtherLiabilitiesNoncurrent 259.5us-gaap_OtherLiabilitiesNoncurrent
Non-current liabilities – discontinued operations 0us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent 5.7us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
Total liabilities 3,888.9us-gaap_Liabilities 4,268.0us-gaap_Liabilities
Commitments and contingencies      
Redeemable noncontrolling interest 0us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount 53.9us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount
Stockholders’ equity    
Common stock, $.01 par value – authorized 300.0 shares; issued 124.6 and 123.7 shares at December 31, 2014 and 2013, respectively 1.2us-gaap_CommonStockValue 1.2us-gaap_CommonStockValue
Additional paid-in capital 1,251.5us-gaap_AdditionalPaidInCapitalCommonStock 1,247.5us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 1,984.9us-gaap_RetainedEarningsAccumulatedDeficit 1,688.1us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive (loss) income (429.8)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (116.5)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Less cost of shares of common stock in treasury – 19.2 and 13.8 shares at December 31, 2014 and 2013, respectively (801.9)us-gaap_TreasuryStockValue (630.2)us-gaap_TreasuryStockValue
Total Terex Corporation stockholders’ equity 2,005.9us-gaap_StockholdersEquity 2,190.1us-gaap_StockholdersEquity
Noncontrolling interest 33.2us-gaap_MinorityInterest 24.7us-gaap_MinorityInterest
Total stockholders’ equity 2,039.1us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 2,214.8us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities, redeemable noncontrolling interest and stockholders’ equity $ 5,928.0us-gaap_LiabilitiesAndStockholdersEquity $ 6,536.7us-gaap_LiabilitiesAndStockholdersEquity