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Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Income Statement [Abstract]      
Net sales $ 10,786.9 $ 9,962.2 $ 8,773.2
Cost of goods sold 8,396.3 7,839.0 6,997.1
Gross profit 2,390.6 2,123.2 1,776.1
Selling, general and administrative expenses 1,088.7 1,041.2 869.3
Engineering expenses 353.4 317.1 275.6
Restructuring and other infrequent income 0 0 (0.7)
Impairment charge 0 22.4 0
Amortization of intangibles 47.8 49.3 21.6
Income from operations 900.7 693.2 610.3
Interest expense, net 58.0 57.6 30.2
Other expense, net 40.1 34.8 19.1
Income before income taxes and equity in net earnings of affiliates 802.6 600.8 561.0
Income tax provision 258.5 137.9 24.6
Income before equity in net earnings of affiliates 544.1 462.9 536.4
Equity in net earnings of affiliates 48.2 53.5 48.9
Net income 592.3 516.4 585.3
Net loss (income) attributable to noncontrolling interests 4.9 5.7 (2.0)
Net income attributable to AGCO Corporation and subsidiaries $ 597.2 $ 522.1 $ 583.3
Net income per common share attributable to AGCO Corporation and subsidiaries:      
Basic (in dollars per share) $ 6.14 $ 5.38 $ 6.10
Diluted (in dollars per share) $ 6.01 $ 5.30 $ 5.95
Cash dividends declared and paid per common share $ 0.4 $ 0 $ 0
Weighted average number of common and common equivalent shares outstanding:      
Basic (in shares) 97.3 97.1 95.6
Diluted (in shares) 99.4 98.6 98.1