TEREX CORP
For the period ended Dec 31, 2023. Filed Feb 9, 2024.
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FY2023 · Filed Feb 9, 2024
TEX$57.05-1.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Schedule II – Valuation and Qualifying Accounts and Reserves
| BalanceBeginningof Year | Charges toEarnings | Other (1) | Deductions (2) | Balance Endof Year | |
|---|---|---|---|---|---|
| Deducted from asset accounts: | |||||
| Allowance for doubtful accounts - Current | $9.4 | $(0.1) | $0.2 | $(1.2) | $8.3 |
| Allowance for doubtful accounts - Non-current | 0.3 | — | — | — | 0.3 |
| Reserve for inventory | 61.0 | 24.6 | 1.8 | (16.9) | 70.5 |
| Valuation allowances for deferred tax assets | 63.0 | (9.1) | 0.2 | (1.4) | 52.7 |
| Totals | $133.7 | $15.4 | $2.2 | $(19.5) | $131.8 |
| Deducted from asset accounts: | |||||
| Allowance for doubtful accounts - Current | $9.7 | $1.1 | $(0.4) | $(1.0) | $9.4 |
| Allowance for doubtful accounts - Non-current | 10.7 | — | (0.6) | (9.8) | 0.3 |
| Reserve for inventory | 57.8 | 21.6 | (2.8) | (15.6) | 61.0 |
| Valuation allowances for deferred tax assets | 100.0 | (24.3) | (1.1) | (11.6) | 63.0 |
| Totals | $178.2 | $(1.6) | $(4.9) | $(38.0) | $133.7 |
| Deducted from asset accounts: | |||||
| Allowance for doubtful accounts - Current | $9.5 | $2.5 | $(0.8) | $(1.5) | $9.7 |
| Allowance for doubtful accounts - Non-current | 11.5 | — | (0.8) | — | 10.7 |
| Reserve for inventory | 61.8 | 15.0 | (2.9) | (16.1) | 57.8 |
| Valuation allowances for deferred tax assets | 112.1 | (12.0) | (0.1) | — | 100.0 |
| Totals | $194.9 | $5.5 | $(4.6) | $(17.6) | $178.2 |
(1)Primarily represents the impact of foreign currency exchange, business divestitures and other amounts recorded to accumulated other comprehensive income (loss).
(2)Primarily represents the utilization of established reserves, net of recoveries.
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