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Terex TEX Accrual adjustments to reflect actual experience
Accrual adjustments to reflect actual experience at other companies
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Where this comes from
Reported directly by Terex in its filing.
Tagged under the XBRL concept us-gaap:StandardProductWarrantyAccrualPreexistingIncreaseDecrease.
The source filing: Terex’s 10-Q, filed May 1, 2026.
- Filed
- May 1, 2026, 11:47 AM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000097216-26-000080
| Line item | Three Months Ended / March 31, 2026 | Three Months Ended / March 31, 2025 |
|---|---|---|
| Balance at beginning of period | $50 | $54 |
| Liabilities assumed due to business acquisition | 53 | — |
| Accruals for warranties issued during the period | 20 | 12 |
| Changes in estimates | 1 | 3 |
| Settlements during the period | (21) | (14) |
| Foreign exchange effect/other | — | 1 |
| Balance at end of period | $103 | $56 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Terex's accrual adjustments to reflect actual experience?
- Terex (TEX) reported accrual adjustments to reflect actual experience of $1M in Q1 2026.
- How has Terex's accrual adjustments to reflect actual experience changed year-over-year?
- Terex's accrual adjustments to reflect actual experience decreased by 66.7% year-over-year, from $3M to $1M.
- What is the long-term trend for Terex's accrual adjustments to reflect actual experience?
- Over 3 years (2021 to 2025), Terex's accrual adjustments to reflect actual experience has grown at a 24.2% compound annual growth rate (CAGR), from -$4.7M to $9M.
- What does accrual adjustments to reflect actual experience mean?
- This metric captures adjustments made to existing warranty reserves due to changes in estimates regarding the cost or frequency of claims for products sold in prior periods. It reflects the refinement of historical data as actual warranty experience emerges over time. Significant adjustments can indicate that previous accrual assumptions were either overly optimistic or conservative.
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