DISCONTINUED OPERATIONS AND OTHER DIVESTITURES (Tables)

12 Months Ended

Dec. 31, 2020

Discontinued Operations and Disposal Groups [Abstract]

Disclosure of Assets and Liabilities Held for Sale

	December 31, 2020		December 31, 2019
Assets
Cash and cash equivalents	$	5.1	$	5.0
Trade receivables – net	2.3		3.5
Inventories	1.8		5.3
Prepaid and other current assets	0.2		0.2
Impairment reserve	(3.7)		(4.8)
Included in Prepaid and other current assets	$	5.7	$	9.2
Property, plant and equipment – net	$	0.7	$	0.6
Intangible assets – net	1.8		2.4
Impairment reserve	(2.2)		(2.8)
Other assets	0.3		0.4
Included in Other assets	$	0.6	$	0.6
Liabilities
Trade accounts payable	0.7		4.6
Accruals and other current liabilities	1.3		3.8
Included in Other current liabilities	$	2.0	$	8.4
Other non-current liabilities	0.7		1.2
Included in Other non-current liabilities	$	0.7	$	1.2

Schedule of Cash Flow, Supplemental Disclosures

The following table provides amounts of cash and cash equivalents presented in the Consolidated Statement of Cash Flows (in millions):

	December 31, 2020		December 31, 2019		December 31, 2018
Cash and cash equivalents:
Cash and cash equivalents - continuing operations	$	665.0	$	535.1	$	339.5
Cash and cash equivalents - held for sale	5.1		5.0		32.6
Total cash and cash equivalents	$	670.1	$	540.1	$	372.1

The following table provides supplemental cash flow information related to discontinued operations (in millions):

	Year Ended December 31,
	2020		2019		2018
Non-cash operating items:
Depreciation and amortization	$	—	$	3.3	$	14.4
Deferred taxes	$	0.1	$	(1.4)	$	(0.2)
Impairments	$	0.1	$	82.1	$	6.6
Investing activities:
Capital expenditures	$	—	$	(3.4)	$	(12.8)

Schedule of discontinued operations presented in the Consolidated Financial Statements

The following amounts related to discontinued operations were derived from historical financial information and have been segregated from continuing operations and reported as discontinued operations in the Consolidated Statement of Income (Loss) (in millions):

	Year ended December 31,
	2020		2019		2018
	Cranes		Cranes		Cranes
Net sales	$	6.0	$	327.2	$	607.8
Cost of sales	(5.8)		(335.2)		(602.9)
Selling, general and administrative expenses	(0.9)		(75.6)		(117.5)
Impairment of mobile cranes disposal group	—		(82.1)		—
Asset impairments	(0.1)		—		(6.6)
Other income (expense)	—		(4.5)		(19.1)
Income (loss) from discontinued operations before income taxes	(0.8)		(170.2)		(138.3)
(Provision for) benefit from income taxes	0.4		14.8		7.9
Income (loss) from discontinued operations – net of tax	$	(0.4)	$	(155.4)	$	(130.4)

Gain (Loss) on Disposition of Discontinued Operations - net of tax (in millions)

	Year Ended December 31,
	2020						2019								2018
	Cranes		MHPS		Total		Cranes		MHPS		Other		Total		MHPS		Atlas		Other		Total
Gain (loss) on disposition of discontinued operations	$	(27.7)	$	(0.4)	$	(28.1)	$	(1.0)	$	(4.6)	$	—	$	(5.6)	$	(1.2)	$	3.2	$	—	$	2.0
(Provision for) benefit from income taxes	8.8		0.1		8.9		2.2		3.4		0.1		5.7		(1.9)		(0.5)		2.8		0.4
Gain (loss) on disposition of discontinued operations – net of tax	$	(18.9)	$	(0.3)	$	(19.2)	$	1.2	$	(1.2)	$	0.1	$	0.1	$	(3.1)	$	2.7	$	2.8	$	2.4