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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 428.5 $ 371.2
Trade receivables (net of allowance of $16.5 and $20.4 at December 31, 2016 and 2015, respectively) 512.5 703.3
Inventories 853.8 1,063.6
Prepaid and other current assets 172.8 252.5
Current assets held for sale 732.9 749.6
Total current assets 2,700.5 3,140.2
Non-current assets    
Property, plant and equipment – net 304.6 371.9
Goodwill 259.7 459.1
Intangible assets – net 18.4 22.6
Other assets 552.3 461.7
Non-current assets held for sale 1,171.3 1,160.5
Total assets 5,006.8 5,616.0
Current liabilities    
Notes payable and current portion of long-term debt 13.8 66.4
Trade accounts payable 522.7 560.7
Accrued compensation and benefits 125.1 128.5
Accrued warranties and product liability 61.2 51.5
Other current liabilities 230.4 205.5
Current liabilities held for sale 453.8 446.0
Total current liabilities 1,407.0 1,458.6
Non-current liabilities    
Long-term debt, less current portion 1,562.0 1,729.8
Retirement plans 153.8 157.0
Other non-current liabilities 50.7 60.1
Non-current liabilities held for sale 312.1 298.5
Total liabilities 3,485.6 3,704.0
Commitments and contingencies
Stockholders’ equity    
Common stock, $.01 par value – authorized 300.0 shares; issued 129.6 and 128.8 shares at December 31, 2016 and 2015, respectively 1.3 1.3
Additional paid-in capital 1,300.0 1,273.3
Retained earnings 1,897.9 2,104.6
Accumulated other comprehensive (loss) income (779.4) (649.6)
Less cost of shares of common stock in treasury – 24.6 and 21.1 shares at December 31, 2016 and 2015, respectively (935.1) (852.2)
Total Terex Corporation stockholders’ equity 1,484.7 1,877.4
Noncontrolling interest 36.5 34.6
Total stockholders’ equity 1,521.2 1,912.0
Total liabilities, noncontrolling interest and stockholders’ equity $ 5,006.8 $ 5,616.0