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STOCKHOLDERS' EQUITY (Tables)
6 Months Ended
Jun. 30, 2016
Stockholders' Equity Note [Abstract]  
Schedule of accumulated other comprehensive income (loss)
Total non-stockholder changes in equity were as follows (in millions):
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2016
 
2015
 
2016
 
2015
Net income (loss)
$
64.6

 
$
85.9

 
$
(6.4
)
 
$
87.5

Other comprehensive income (loss), net of tax:
 
 
 

 
 
 
 
Cumulative translation adjustment (CTA), net of (provision for) benefit from taxes of $(8.0), $2.4, $(7.7) and $9.2, respectively
(72.4
)
 
85.4

 
(10.5
)
 
(126.2
)
Derivative hedging adjustment, net of (provision for) benefit from taxes of $0.5, $(0.2), $0.8 and $0.0, respectively
(1.2
)
 
0.8

 
(4.8
)
 
1.1

Debt and equity securities adjustment, net of (provision for) benefit from taxes of $0.0, $0.1, $0.0 and $0.1, respectively
2.7

 
(2.3
)
 
2.3

 
(5.4
)
Pension liability adjustment:
 
 
 
 
 
 
 
Amortization of actuarial (gain) loss, net of provision for (benefit from) taxes of $(1.1), $(0.4), $(1.6) and $(0.8), respectively
1.4

 
2.4

 
3.3

 
4.9

Foreign exchange and other effects, net of (provision for) benefit from taxes of $(1.0), $1.1, $0.2 and $(1.3), respectively
4.4

 
(5.4
)
 
3.0

 
6.7

Total pension liability adjustment
5.8


(3.0
)
 
6.3

 
11.6

Other comprehensive income (loss)
(65.1
)
 
80.9

 
(6.7
)
 
(118.9
)
Comprehensive income (loss)
(0.5
)
 
166.8

 
(13.1
)
 
(31.4
)
Comprehensive loss (income) attributable to noncontrolling interest
0.8

 
(1.1
)
 
0.9

 
(1.7
)
Comprehensive income (loss) attributable to Terex Corporation
$
0.3

 
$
165.7

 
$
(12.2
)
 
$
(33.1
)


Changes in Accumulated Other Comprehensive Income
The table below presents changes in AOCI by component for the three and six months ended June 30, 2016 and 2015. All amounts are net of tax (in millions).
 
Three months ended June 30, 2016
 
Three months ended June 30, 2015
 
CTA
Deriv. Hedging Adj.
Debt & Equity Securities Adj.
Pension Liability Adj.
Total
 
CTA
Deriv. Hedging Adj.
Debt & Equity Securities Adj.
Pension Liability Adj.
Total
Beginning balance
$
(430.8
)
$
(1.3
)
$
(6.7
)
$
(152.4
)
$
(591.2
)
 
$
(457.1
)
$
(0.4
)
$
(1.5
)
$
(170.6
)
$
(629.6
)
Other comprehensive income before reclassifications
(72.4
)
(1.1
)
2.7

4.4

(66.4
)
 
85.4

5.8

(2.3
)
(5.4
)
83.5

Amounts reclassified from AOCI

(0.1
)

1.4

1.3

 

(5.0
)

2.4

(2.6
)
Net other comprehensive Income (Loss)
(72.4
)
(1.2
)
2.7

5.8

(65.1
)
 
85.4

0.8

(2.3
)
(3.0
)
80.9

Ending balance
$
(503.2
)
$
(2.5
)
$
(4.0
)
$
(146.6
)
$
(656.3
)
 
$
(371.7
)
$
0.4

$
(3.8
)
$
(173.6
)
$
(548.7
)

 
Six months ended June 30, 2016
 
Six months ended June 30, 2015
 
CTA
Deriv. Hedging Adj.
Debt & Equity Securities Adj.
Pension Liability Adj.
Total
 
CTA
Deriv. Hedging Adj.
Debt & Equity Securities Adj.
Pension Liability Adj.
Total
Beginning balance
$
(492.7
)
$
2.3

$
(6.3
)
$
(152.9
)
$
(649.6
)
 
$
(245.5
)
$
(0.7
)
$
1.6

$
(185.2
)
$
(429.8
)
Other comprehensive income before reclassifications
(10.5
)
(3.5
)
2.3

3.0

(8.7
)
 
(126.2
)
3.0

(5.4
)
6.7

(121.9
)
Amounts reclassified from AOCI

(1.3
)

3.3

2.0

 

(1.9
)

4.9

3.0

Net Other Comprehensive Income (Loss)
(10.5
)
(4.8
)
2.3

6.3

(6.7
)
 
(126.2
)
1.1

(5.4
)
11.6

(118.9
)
Ending balance
$
(503.2
)
$
(2.5
)
$
(4.0
)
$
(146.6
)
$
(656.3
)
 
$
(371.7
)
$
0.4

$
(3.8
)
$
(173.6
)
$
(548.7
)
Schedule of weighted-average assumptions used in the valuations
The following table presents the weighted-average assumptions used in the valuation:
 
Grant date
 
March 3, 2016
Dividend yields
1.22
%
Expected volatility
45.59
%
Risk free interest rate
0.97
%
Expected life (in years)
3