$TEX
TEREX CORP

2022 Q3 Form 10-Q Financial Statement

#000009721622000139 Filed on August 03, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $1.121B $1.077B $1.003B
YoY Change 12.75% 3.7% 16.0%
Cost Of Revenue $883.4M $864.2M $816.7M
YoY Change 8.35% 7.07% 18.57%
Gross Profit $237.1M $212.9M $185.8M
YoY Change 32.83% -8.07% 5.93%
Gross Profit Margin 21.16% 19.77% 18.53%
Selling, General & Admin $116.3M $109.0M $111.3M
YoY Change 11.51% -0.09% -2.28%
% of Gross Profit 49.05% 51.2% 59.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.60M $11.80M $11.70M
YoY Change -7.94% -5.6% -8.59%
% of Gross Profit 4.89% 5.54% 6.3%
Operating Expenses $116.3M $109.0M $111.3M
YoY Change 11.51% -0.09% -2.28%
Operating Profit $120.8M $103.9M $74.50M
YoY Change 62.8% -15.18% 21.14%
Interest Expense $13.50M $11.70M $10.60M
YoY Change 9.76% -10.0% -30.72%
% of Operating Profit 11.18% 11.26% 14.23%
Other Income/Expense, Net -$1.000M -$3.300M -$300.0K
YoY Change -9.09% -375.0% -111.54%
Pretax Income $107.4M $89.20M $64.20M
YoY Change 74.92% 2.88% 35.44%
Income Tax $25.60M $15.10M $11.90M
% Of Pretax Income 23.84% 16.93% 18.54%
Net Earnings $81.80M $74.10M $51.90M
YoY Change 70.06% 0.27% 29.43%
Net Earnings / Revenue 7.3% 6.88% 5.18%
Basic Earnings Per Share $1.21 $1.08 $0.74
Diluted Earnings Per Share $1.20 $1.07 $0.73
COMMON SHARES
Basic Shares Outstanding 67.80M shares 68.90M shares 69.80M shares
Diluted Shares Outstanding 68.40M shares 69.30M shares 70.90M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $231.7M $253.3M $218.4M
YoY Change -58.12% -53.28% -61.88%
Cash & Equivalents $231.7M $253.3M $218.4M
Short-Term Investments
Other Short-Term Assets $1.635B $133.8M $169.8M
YoY Change 753.94% -31.84% -6.65%
Inventory $981.2M $963.2M $921.3M
Prepaid Expenses $123.0M $133.8M $169.8M
Receivables $531.1M $558.9M $525.6M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.867B $1.909B $1.835B
YoY Change -6.92% -4.38% -3.51%
LONG-TERM ASSETS
Property, Plant & Equipment $450.4M $441.8M $433.9M
YoY Change 9.16% 6.82% 9.35%
Goodwill $273.1M $267.4M $275.4M
YoY Change -2.36% -3.33% -0.18%
Intangibles $17.50M $12.00M $12.70M
YoY Change 24.11% 62.16% 60.76%
Long-Term Investments
YoY Change
Other Assets $368.5M $363.3M $382.8M
YoY Change 3.6% -2.91% -0.05%
Total Long-Term Assets $1.110B $1.085B $1.105B
YoY Change 4.46% 1.18% 3.87%
TOTAL ASSETS
Total Short-Term Assets $1.867B $1.909B $1.835B
Total Long-Term Assets $1.110B $1.085B $1.105B
Total Assets $2.977B $2.994B $2.940B
YoY Change -2.98% -2.44% -0.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $589.4M $604.6M $571.5M
YoY Change 7.42% 10.19% 20.57%
Accrued Expenses $47.30M $52.40M
YoY Change -56.37%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.900M $2.100M $1.900M
YoY Change -66.67% -63.16% -66.67%
Total Short-Term Liabilities $952.7M $955.0M $919.5M
YoY Change 1.37% 1.06% 9.73%
LONG-TERM LIABILITIES
Long-Term Debt $824.6M $826.1M $738.4M
YoY Change -7.11% -7.02% -24.15%
Other Long-Term Liabilities $164.5M $163.7M $167.9M
YoY Change -13.28% -18.6% -19.24%
Total Long-Term Liabilities $989.1M $989.8M $906.3M
YoY Change -8.2% -9.16% -23.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $952.7M $955.0M $919.5M
Total Long-Term Liabilities $989.1M $989.8M $906.3M
Total Liabilities $1.942B $1.945B $1.826B
YoY Change -3.74% -4.41% -9.59%
SHAREHOLDERS EQUITY
Retained Earnings $1.117B $1.045B $979.5M
YoY Change 26.03% 23.33% 25.3%
Common Stock $874.9M $867.9M $861.6M
YoY Change 2.72% 2.72% 2.99%
Preferred Stock
YoY Change
Treasury Stock (at cost) $556.3M $542.7M $478.5M
YoY Change 21.38% 18.49% 4.77%
Treasury Stock Shares 17.10M shares 16.60M shares 14.60M shares
Shareholders Equity $1.035B $1.049B $1.114B
YoY Change
Total Liabilities & Shareholders Equity $2.977B $2.994B $2.940B
YoY Change -2.98% -2.44% -0.86%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $81.80M $74.10M $51.90M
YoY Change 70.06% 0.27% 29.43%
Depreciation, Depletion And Amortization $11.60M $11.80M $11.70M
YoY Change -7.94% -5.6% -8.59%
Cash From Operating Activities $84.90M $71.00M -$51.70M
YoY Change 54.64% -45.84% -137.44%
INVESTING ACTIVITIES
Capital Expenditures -$31.80M -$26.90M -$20.10M
YoY Change 307.69% 62.05% 175.34%
Acquisitions
YoY Change
Other Investing Activities -$37.80M -$4.700M -$3.100M
YoY Change 122.35% -81.85% -358.33%
Cash From Investing Activities -$69.60M -$31.60M -$23.20M
YoY Change 180.65% -25.65% 280.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $17.70M
YoY Change 8750.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -24.70M 10.00M $28.00M
YoY Change 124.55% -108.14% -113.03%
NET CHANGE
Cash From Operating Activities 84.90M 71.00M -$51.70M
Cash From Investing Activities -69.60M -31.60M -$23.20M
Cash From Financing Activities -24.70M 10.00M $28.00M
Net Change In Cash -9.400M 49.40M -$48.50M
YoY Change -149.21% -244.44% -47.45%
FREE CASH FLOW
Cash From Operating Activities $84.90M $71.00M -$51.70M
Capital Expenditures -$31.80M -$26.90M -$20.10M
Free Cash Flow $116.7M $97.90M -$31.60M
YoY Change 86.12% -33.72% -121.73%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0000097216
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Amendment Flag
AmendmentFlag
false
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-10702
dei Entity Registrant Name
EntityRegistrantName
Terex Corporation
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
34-1531521
dei Entity Address Address Line1
EntityAddressAddressLine1
45 Glover Ave, 4th Floor
dei Entity Address City Or Town
EntityAddressCityOrTown
Norwalk
dei Entity Address State Or Province
EntityAddressStateOrProvince
CT
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
06850
dei City Area Code
CityAreaCode
203
dei Local Phone Number
LocalPhoneNumber
222-7170
dei Security12b Title
Security12bTitle
Common Stock ($0.01 par value)
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Trading Symbol
TradingSymbol
TEX
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
67800000 shares
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1077100000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1038700000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2079600000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1902900000 usd
CY2022Q2 us-gaap Cost Of Revenue
CostOfRevenue
864200000 usd
CY2021Q2 us-gaap Cost Of Revenue
CostOfRevenue
807100000 usd
us-gaap Cost Of Revenue
CostOfRevenue
1680900000 usd
us-gaap Cost Of Revenue
CostOfRevenue
1495900000 usd
CY2022Q2 us-gaap Gross Profit
GrossProfit
212900000 usd
CY2021Q2 us-gaap Gross Profit
GrossProfit
231600000 usd
us-gaap Gross Profit
GrossProfit
398700000 usd
us-gaap Gross Profit
GrossProfit
407000000.0 usd
CY2022Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
109000000.0 usd
CY2021Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
109100000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
220300000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
223000000.0 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
103900000 usd
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
122500000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
178400000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
184000000.0 usd
CY2022Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
400000 usd
CY2021Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
1600000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
1000000.0 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
2300000 usd
CY2022Q2 us-gaap Interest Expense
InterestExpense
11700000 usd
CY2021Q2 us-gaap Interest Expense
InterestExpense
13000000.0 usd
us-gaap Interest Expense
InterestExpense
22300000 usd
us-gaap Interest Expense
InterestExpense
28300000 usd
CY2022Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-100000 usd
CY2021Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-25600000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-100000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-27700000 usd
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3300000 usd
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1200000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3600000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3800000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
89200000 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
86700000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
153400000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
134100000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15100000 usd
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14400000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
27000000.0 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22100000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
74100000 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
72300000 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
126400000 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
112000000.0 usd
CY2022Q2 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
0 usd
CY2021Q2 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
1600000 usd
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-400000 usd
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
2000000.0 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
74100000 usd
CY2021Q2 us-gaap Profit Loss
ProfitLoss
73900000 usd
us-gaap Profit Loss
ProfitLoss
126000000.0 usd
us-gaap Profit Loss
ProfitLoss
114000000.0 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.08
CY2021Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.04
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.82
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.61
CY2021Q2 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerBasicShare
0.02
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerBasicShare
0.03
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.08
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.06
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.82
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.64
CY2022Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.07
CY2021Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.02
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.80
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.58
CY2021Q2 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerDilutedShare
0.02
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerDilutedShare
0.03
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.07
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.80
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.61
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
68900000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69800000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69300000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69700000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
69300000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70900000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70100000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70900000 shares
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1700000 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
89400000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
33600000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
122400000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
253300000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
266900000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
9300000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
9700000 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
963200000 usd
CY2022Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
558900000 usd
CY2021Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
507700000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
813500000 usd
CY2022Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
133800000 usd
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
179700000 usd
CY2022Q2 us-gaap Assets Current
AssetsCurrent
1909200000 usd
CY2021Q4 us-gaap Assets Current
AssetsCurrent
1767800000 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
441800000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
429600000 usd
CY2022Q2 us-gaap Goodwill
Goodwill
267400000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
280100000 usd
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
12000000.0 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
13400000 usd
CY2022Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
363300000 usd
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
372600000 usd
CY2022Q2 us-gaap Assets
Assets
2993700000 usd
CY2021Q4 us-gaap Assets
Assets
2863500000 usd
CY2022Q2 us-gaap Debt Current
DebtCurrent
2100000 usd
CY2021Q4 us-gaap Debt Current
DebtCurrent
5600000 usd
CY2022Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
604600000 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
537700000 usd
CY2022Q2 tex Accrued Freight Current
AccruedFreightCurrent
52400000 usd
CY2021Q4 tex Accrued Freight Current
AccruedFreightCurrent
36200000 usd
CY2022Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
295900000 usd
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
330400000 usd
CY2022Q2 us-gaap Liabilities Current
LiabilitiesCurrent
955000000.0 usd
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
909900000 usd
CY2022Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
826100000 usd
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
668500000 usd
CY2022Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
163700000 usd
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
175500000 usd
CY2022Q2 us-gaap Liabilities
Liabilities
1944800000 usd
CY2021Q4 us-gaap Liabilities
Liabilities
1753900000 usd
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2021Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000.0 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000.0 shares
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
84000000.0 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
83400000 shares
CY2022Q2 us-gaap Common Stock Value
CommonStockValue
900000 usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
900000 usd
CY2022Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
867000000.0 usd
CY2021Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
860000000.0 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1044600000 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
936900000 usd
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-320900000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-228500000 usd
CY2022Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
16600000 shares
CY2021Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
14200000 shares
CY2022Q2 us-gaap Treasury Stock Value
TreasuryStockValue
542700000 usd
CY2021Q4 us-gaap Treasury Stock Value
TreasuryStockValue
459700000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1048900000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1109600000 usd
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2993700000 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2863500000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1109600000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
51900000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-20000000.0 usd
CY2022Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
16300000 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
-14800000 usd
CY2022Q1 us-gaap Dividends Common Stock
DividendsCommonStock
9100000 usd
CY2022Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
19800000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
74100000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-72400000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1114100000 usd
CY2022Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1800000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4400000 usd
CY2022Q2 us-gaap Dividends Common Stock
DividendsCommonStock
8900000 usd
CY2022Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
64300000 usd
CY2022Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
100000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1048900000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
921500000 usd
CY2021Q1 us-gaap Profit Loss
ProfitLoss
40100000 usd
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-7100000 usd
CY2021Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
11400000 usd
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
-11000000.0 usd
CY2021Q1 us-gaap Dividends Common Stock
DividendsCommonStock
8300000 usd
CY2021Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
300000 usd
CY2021Q1 us-gaap Stockholders Equity Other
StockholdersEquityOther
-200000 usd
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
946100000 usd
CY2021Q2 us-gaap Profit Loss
ProfitLoss
73900000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
15500000 usd
CY2021Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
400000 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7900000 usd
CY2021Q2 us-gaap Dividends Common Stock
DividendsCommonStock
8400000 usd
CY2021Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1400000 usd
CY2021Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
-100000 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1033900000 usd
us-gaap Profit Loss
ProfitLoss
126000000.0 usd
us-gaap Profit Loss
ProfitLoss
114000000.0 usd
tex Depreciation Depletionand Amortizationincludingdiscontinuedoperations
DepreciationDepletionandAmortizationincludingdiscontinuedoperations
23500000 usd
tex Depreciation Depletionand Amortizationincludingdiscontinuedoperations
DepreciationDepletionandAmortizationincludingdiscontinuedoperations
25300000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-100000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-27700000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
16200000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
17600000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-10200000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-8900000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
68800000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
172600000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
193400000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
111200000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
90300000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
184300000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-26700000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-171700000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-11500000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
3500000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
19300000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
269200000 usd
tex Paymentsto Acquire Productive Assetsincludingdiscontinuedoperations
PaymentstoAcquireProductiveAssetsincludingdiscontinuedoperations
47000000.0 usd
tex Paymentsto Acquire Productive Assetsincludingdiscontinuedoperations
PaymentstoAcquireProductiveAssetsincludingdiscontinuedoperations
23900000 usd
tex Payments To Acquire Business Net Of Cash And Investments
PaymentsToAcquireBusinessNetOfCashAndInvestments
-8200000 usd
tex Payments To Acquire Business Net Of Cash And Investments
PaymentsToAcquireBusinessNetOfCashAndInvestments
-25900000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-400000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-1200000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-54800000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-48600000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
33000000.0 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
881500000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
185100000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
600100000 usd
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 usd
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
16900000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
82900000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1500000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
18000000.0 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
16700000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-13200000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-21200000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
38000000.0 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-337700000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-16100000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-5500000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-13600000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-122600000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
266900000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
670100000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
253300000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
547500000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
600000 usd
tex Accounts Receivable Allowance For Credit Loss Other Adjustments
AccountsReceivableAllowanceForCreditLossOtherAdjustments
-1000000.0 usd
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Certain prior period amounts have been reclassified to conform with the 2022 presentation.
CY2021Q4 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
3700000 usd
CY2022Q2 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
3700000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
9700000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
9300000 usd
us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Guarantees.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The Company issues guarantees to financial institutions related to financing of equipment purchases by customers. The expectation of losses or non-performance is evaluated based on consideration of historical customer assessments, current financial conditions, reasonable and supportable forecasts, equipment collateral value and other factors. Reserves are recorded for expected loss over the contractual period of risk exposure. See Note K – “Litigation and Contingencies” for additional information regarding guarantees issued to financial institutions.</span>
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
44100000 usd
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
17900000 usd
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-400000 usd
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
18800000 usd
us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-1600000 usd
CY2022Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
41200000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segments
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segments
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1077100000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1038700000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2079600000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1902900000 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
103900000 usd
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
122500000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
178400000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
184000000.0 usd
CY2022Q2 us-gaap Assets
Assets
2993700000 usd
CY2021Q4 us-gaap Assets
Assets
2863500000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1077100000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1038700000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2079600000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1902900000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1077100000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1038700000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2079600000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1902900000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15100000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
89200000 usd
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.169
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14400000 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
86700000 usd
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.166
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
27000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
153400000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.176
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22100000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
134100000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.165
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
74100000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
73900000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
74100000 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
72300000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
126400000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
112000000.0 usd
CY2022Q2 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
0 usd
CY2021Q2 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
1600000 usd
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-400000 usd
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
2000000.0 usd
us-gaap Net Income Loss
NetIncomeLoss
126000000.0 usd
us-gaap Net Income Loss
NetIncomeLoss
114000000.0 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
68900000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69800000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69300000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69700000 shares
CY2022Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.08
CY2021Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.04
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.82
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.61
CY2021Q2 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerBasicShare
0.02
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerBasicShare
0.03
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.08
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.06
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.82
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.64
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
68900000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69800000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69300000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69700000 shares
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
400000 shares
CY2021Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1100000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
800000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1200000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
69300000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70900000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70100000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70900000 shares
CY2022Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.07
CY2021Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.02
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.80
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.58
CY2021Q2 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerDilutedShare
0.02
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerDilutedShare
0.03
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.07
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.80
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.61
CY2022Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
320300000 usd
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
283000000.0 usd
CY2022Q2 us-gaap Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
156700000 usd
CY2021Q4 us-gaap Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
157300000 usd
CY2022Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
166900000 usd
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
105500000 usd
CY2022Q2 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
319300000 usd
CY2021Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
267700000 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
963200000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
59000000.0 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
813500000 usd
CY2022Q2 tex Inventory Work In Progress Net Of Reserves Awaiting Final Components
InventoryWorkInProgressNetOfReservesAwaitingFinalComponents
63000000 usd
CY2021Q4 tex Inventory Work In Progress Net Of Reserves Awaiting Final Components
InventoryWorkInProgressNetOfReservesAwaitingFinalComponents
10000000 usd
CY2022Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
57500000 usd
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
57800000 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
833100000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
816800000 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
391300000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
387200000 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
441800000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
429600000 usd
CY2021Q4 us-gaap Goodwill Gross
GoodwillGross
341900000 usd
CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
61800000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
280100000 usd
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
3000000.0 usd
us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
-15700000 usd
CY2022Q2 us-gaap Goodwill Gross
GoodwillGross
329200000 usd
CY2022Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
61800000 usd
CY2022Q2 us-gaap Goodwill
Goodwill
267400000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
70700000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
58700000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
12000000.0 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
72400000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
13400000 usd
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
600000 usd
CY2021Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
500000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1200000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
900000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
2400000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1900000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1700000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1500000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1300000 usd
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
1000000 usd
CY2022Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
116800000 usd
CY2021Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
107800000 usd
CY2022Q2 us-gaap Litigation Reserve
LitigationReserve
105000000 brl
CY2022Q2 us-gaap Litigation Reserve
LitigationReserve
20000000 usd
tex Guarantee Terms Maximum
GuaranteeTermsMaximum
P5Y
CY2022Q2 tex Financing Receivable Allowance For Credit Losses Credit Guarantees
FinancingReceivableAllowanceForCreditLossesCreditGuarantees
6800000 usd
CY2021Q4 tex Financing Receivable Allowance For Credit Losses Credit Guarantees
FinancingReceivableAllowanceForCreditLossesCreditGuarantees
6300000 usd
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-248500000 usd
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-215500000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-70800000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
16200000 usd
CY2022Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
1600000 usd
CY2021Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
700000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-72400000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
15500000 usd
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-320900000 usd
CY2021Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-200000000.0 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-228500000 usd
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-208400000 usd
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-86900000 usd
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
8100000 usd
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
5500000 usd
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-300000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-92400000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
8400000 usd
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-320900000 usd
CY2021Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-200000000.0 usd
CY2018Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
300000000 usd
us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
The table below presents shares repurchased, inclusive of transactions executed but not settled, by the Company under this program.<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:55.701%"><tr><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:32.233%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:32.233%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:32.234%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Six Months Ended<br/>June 30</span></td><td colspan="3" style="display:none"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total Number of<br/>Shares Repurchased</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amount of Shares Repurchased</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(in millions)</span></div></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2022</span></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,298,050</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$79.5</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2021</span></td><td colspan="3" style="display:none"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">—</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$—</span></td></tr></table>
CY2022Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.13
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.13
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.13
CY2022Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.13
CY2021Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.12
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.12
CY2021Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.12
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.12

Files In Submission

Name View Source Status
0000097216-22-000139-index-headers.html Edgar Link pending
0000097216-22-000139-index.html Edgar Link pending
0000097216-22-000139.txt Edgar Link pending
0000097216-22-000139-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
tex-20220630.htm Edgar Link pending
tex-20220630.xsd Edgar Link pending
tex-20220630_cal.xml Edgar Link unprocessable
tex-20220630_def.xml Edgar Link unprocessable
tex-20220630_g1.jpg Edgar Link pending
tex-20220630_htm.xml Edgar Link completed
tex-20220630_lab.xml Edgar Link unprocessable
tex-20220630_pre.xml Edgar Link unprocessable
tex6302022-ex311.htm Edgar Link pending
tex6302022-ex312.htm Edgar Link pending
tex6302022-ex32.htm Edgar Link pending