STOCKHOLDERS' EQUITY (Tables)

9 Months Ended

Sep. 30, 2022

Stockholders' Equity Note [Abstract]

Schedule of accumulated other comprehensive income (loss)

The table below presents changes in AOCI by component for the three and nine months ended September 30, 2022 and 2021. All amounts are net of tax (in millions).

	Three Months Ended September 30, 2022										Three Months Ended September 30, 2021
	CTA		Derivative Hedging Adj.		Debt & Equity Securities Adj.		Pension Liability Adj.		Total		CTA		Derivative Hedging Adj.		Debt & Equity Securities Adj.		Pension Liability Adj.		Total
Beginning balance	$	(278.9)	$	0.8	$	(2.9)	$	(39.9)	$	(320.9)	$	(156.6)	$	13.7	$	0.6	$	(57.7)	$	(200.0)
Other comprehensive income (loss) before reclassifications	(80.8)		(2.1)		(1.0)		2.9		(81.0)		(27.1)		1.1		(0.2)		1.5		(24.7)
Amounts reclassified from AOCI	—		0.3		—		0.3		0.6		—		(5.0)		—		0.4		(4.6)
Net other comprehensive income (loss)	(80.8)		(1.8)		(1.0)		3.2		(80.4)		(27.1)		(3.9)		(0.2)		1.9		(29.3)
Ending balance	$	(359.7)	$	(1.0)	$	(3.9)	$	(36.7)	$	(401.3)	$	(183.7)	$	9.8	$	0.4	$	(55.8)	$	(229.3)

	Nine Months Ended September 30, 2022										Nine Months Ended September 30, 2021
	CTA		Derivative Hedging Adj.		Debt & Equity Securities Adj.		Pension Liability Adj.		Total		CTA		Derivative Hedging Adj.		Debt & Equity Securities Adj.		Pension Liability Adj.		Total
Beginning balance	$	(188.0)	$	4.0	$	—	$	(44.5)	$	(228.5)	$	(145.2)	$	(6.0)	$	1.2	$	(58.4)	$	(208.4)
Other comprehensive income (loss) before reclassifications	(171.3)		0.5		(3.9)		6.8		(167.9)		(38.5)		21.6		(0.8)		1.1		(16.6)
Amounts reclassified from AOCI	(0.4)		(5.5)		—		1.0		(4.9)		—		(5.8)		—		1.5		(4.3)
Net other comprehensive income (loss)	(171.7)		(5.0)		(3.9)		7.8		(172.8)		(38.5)		15.8		(0.8)		2.6		(20.9)
Ending balance	$	(359.7)	$	(1.0)	$	(3.9)	$	(36.7)	$	(401.3)	$	(183.7)	$	9.8	$	0.4	$	(55.8)	$	(229.3)

Schedule of weighted-average assumptions used in the valuations

The following table presents the weighted-average assumptions used in the valuation:

	Grant date
	March 17, 2022
Dividend yields	1.31	%
Expected volatility	54.25	%
Risk free interest rate	2.09	%
Expected life (in years)	3

Schedule of Repurchase Agreements

The table below presents shares repurchased, inclusive of transactions executed but not settled, by the Company under this program.

Nine Months Ended September 30	Total Number of Shares Repurchased	Amount of Shares Repurchased (in millions)
2022	2,747,751	$92.9
2021	—	$—

Dividends Declared

The table below presents dividends declared by Terex’s Board of Directors and paid to the Company’s shareholders:

Year	First Quarter		Second Quarter		Third Quarter
2022	$	0.13	$	0.13	$	0.13
2021	$	0.12	$	0.12	$	0.12