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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2013
Stockholders' Equity Note [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table sets forth changes in accumulated other comprehensive loss by component, net of tax, attributed to AGCO Corporation and its subsidiaries for the year ended December 31, 2013 (in millions):
 
Defined Benefit Pension Plans
 
Cumulative Translation Adjustment
 
Deferred Net Gains (Losses) on Derivatives
 
Total
Accumulated other comprehensive (loss) income, December 31, 2012
$
(262.9
)
 
$
(217.2
)
 
$
0.7

 
$
(479.4
)
Other comprehensive gain (loss) before reclassifications
45.2

 
(86.9
)
 
(1.4
)
 
(43.1
)
Net losses reclassified from accumulated other comprehensive loss
11.3

 

 
0.5

 
11.8

Other comprehensive income (loss), net of reclassification adjustments
56.5

 
(86.9
)
 
(0.9
)
 
(31.3
)
Accumulated other comprehensive loss, December 31, 2013
$
(206.4
)
 
$
(304.1
)
 
$
(0.2
)
 
$
(510.7
)
Schedule of reclassifications out of AOCI
The following table sets forth reclassification adjustments out of accumulated other comprehensive loss by component attributed to AGCO Corporation and its subsidiaries for the year ended December 31, 2013 (in millions):
Details about Accumulated Other Comprehensive Loss Components
 
Amount Reclassified from Accumulated Other Comprehensive Loss Year ended December 31, 2013 (1)
 
Affected Line Item within the Consolidated Statements of Operations
Net losses on cash flow hedges
 
$
0.7

 
Cost of goods sold
Tax
 
(0.2
)
 
Income tax provision
Reclassification net of tax
 
$
0.5

 
 
 
 
 
 
 
Defined benefit pension plans:
 
 
 
 
Amortization of net actuarial loss
 
$
14.5

 
(2) 
Amortization of prior service cost
 
1.1

 
(2) 
Reclassification before tax
 
15.6

 
 
Tax
 
(4.3
)
 
Income tax provision
Reclassification net of tax
 
$
11.3

 
 
 
 
 
 
 
Net losses reclassified from accumulated other comprehensive loss
 
$
11.8

 
 


(1) Losses included within the Consolidated Statements of Operations for the year ended December 31, 2013.
(2) These accumulated other comprehensive loss components are included in the computation of net periodic pension and postretirement benefit cost. See Note 7 to the Company’s Consolidated Financial Statements.