Terex Corporation (TEX) financial statements (2021 and earlier)

Company profile

Business Address 45 GLOVER AVENUE
NORWALK, CT 06850
State of Incorp. DE
Fiscal Year End December 31
SIC 3537 - Industrial Trucks, Tractors, Trailers, and Stackers (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)
Annual | Quarterly

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments665535368627429467478
Cash and cash equivalents665535368627429467478
Restricted cash and investments   5  14
Receivables3814026605805139391,086
Inventory, net of allowances, customer advances and progress billings6108481,2129708541,4461,461
Inventory6108481,2129708541,4461,461
Prepaid expense222226183203173225248
Disposal group, including discontinued operation 9 4733  
Other current assets     6783
Other undisclosed current assets   (5)  (14)
Total current assets:1,8792,0202,4232,3832,7013,1443,356
Noncurrent Assets
Property, plant and equipment407389346311305676690
Intangible assets, net (including goodwill)2842802782872781,2731,456
Goodwill2752702652742601,0231,131
Intangible assets, net (excluding goodwill)810131418250325
Regulated entity, other noncurrent assets      31
Disposal group, including discontinued operation, noncurrent assets 1  1,171  
Other noncurrent assets463506439481552544425
Other undisclosed noncurrent assets      (31)
Total noncurrent assets:1,1531,1761,0631,0802,3062,4932,572
TOTAL ASSETS:3,0323,1963,4863,4635,0075,6375,928
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities504608940752648926940
Accounts payable370508788592523738736
Accrued liabilities48      
Employee-related liabilities86100152160125188204
Debt87551480153
Disposal group, including discontinued operation 8 2454  
Deferred tax liabilities✕✕   87
Customer advances and deposits✕✕✕  143197
Other liabilities212249270232230242279
Other undisclosed current liabilities   45616068
Total current liabilities:7238721,2151,0361,4071,4591,643
Noncurrent Liabilities
Long-term debt and lease obligation, including:1,1661,1691,2159801,5621,7511,636
Capital lease obligations✕✕    3
Operating lease, liability83 ✕✕✕✕✕
Other undisclosed long-term debt and lease obligation1,0831,1691,2159801,5621,7511,633
Liabilities, other than long-term debt221222196225517516650
Deferred tax liabilities, net✕✕    41
Liability, pension and other postretirement and postemployment benefits  141151154376433
Disposal group, including discontinued operation, liabilities 1 1312  
Other liabilities221221557351140177
Other undisclosed noncurrent liabilities      (41)
Total noncurrent liabilities:1,3871,3911,4101,2052,0792,2672,246
Total liabilities:2,1102,2632,6252,2403,4863,7253,889
Stockholders' equity
Stockholders' equity attributable to parent9229328611,2221,4851,8772,006
Common stock1111111
Treasury stock, value(459)(407)(402)(1,858)(935)(852)(802)
Additional paid in capital8388247971,3221,3001,2731,252
Accumulated other comprehensive loss(208)(258)(285)(240)(779)(650)(430)
Retained earnings7507717491,9961,8982,1051,985
Stockholders' equity attributable to noncontrolling interest  11373533
Total stockholders' equity:9229328611,2231,5211,9122,039
TOTAL LIABILITIES AND EQUITY:3,0323,1963,4863,4635,0075,6375,928

Income statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues3,0764,3535,1254,3634,4436,5437,309
Cost of revenue(2,537)(3,465)(4,158)(3,547)(3,731)(5,235)(5,855)
Gross profit:5398889678167121,3091,454
Operating expenses(471)(553)(674)(732)(860)(953)(1,205)
Other undisclosed operating income   90  175
Operating income (loss):68335293174(148)355423
Nonoperating income (expense)90(71)59(21)(19)3
Investment income, nonoperating4797447
Other nonoperating income (expense)5(6)(80)52(25)(23)(3)
Interest and debt expense(66)(88)(74)(120)(102)(105)(122)
Income (loss) from continuing operations before equity method investments, income taxes:11248149112(271)232305
Other undisclosed loss from continuing operations before income taxes     (5)(7)
Income (loss) from continuing operations before income taxes:11248149112(271)227297
Income tax expense (benefit)(2)(38)(37)(52)77(81)(38)
Income (loss) from continuing operations:921011160(193)146260
Income from discontinued operations   694360
Income (loss) before gain (loss) on sale of properties:9210111129(190)149320
Other undisclosed net income (loss)(20)(155)2 14  
Net income (loss):(11)54114129(176)149320
Other undisclosed net loss attributable to parent    (1)(3)(1)
Net income (loss) available to common stockholders, diluted:(11)54114129(176)146319

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(11)54114129(176)149320
Other comprehensive income (loss)4927(43)540(130)(220)(313)
Comprehensive income (loss):398271669(306)(71)6
Comprehensive loss, net of tax, attributable to noncontrolling interest    (0)(3)(0)
Comprehensive income (loss), net of tax, attributable to parent:398271669(306)(74)6

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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