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Condensed Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Income Statement [Abstract]    
Net sales $ 2,333.4 $ 2,403.1
Cost of goods sold 1,818.5 1,870.0
Gross profit 514.9 533.1
Selling, general and administrative expenses 267.0 255.7
Engineering expenses 82.2 88.0
Amortization of intangibles 10.0 12.0
Income from operations 155.7 177.4
Interest expense, net 13.9 12.6
Other expense, net 11.2 3.7
Income before income taxes and equity in net earnings of affiliates 130.6 161.1
Income tax provision 46.4 52.9
Income before equity in net earnings of affiliates 84.2 108.2
Equity in net earnings of affiliates 15.0 8.9
Net income 99.2 117.1
Net loss attributable to noncontrolling interests 0.4 0.9
Net income attributable to AGCO Corporation and subsidiaries $ 99.6 $ 118.0
Net income per common share attributable to AGCO Corporation and subsidiaries:    
Basic, in dollars per share $ 1.05 $ 1.22
Diluted, in dollars per share $ 1.03 $ 1.19
Cash dividends declared and paid per common share, in dollars per share $ 0.11 $ 0.10
Weighted average number of common and common equivalent shares outstanding:    
Basic, shares 95.3 97.0
Diluted, shares 96.6 99.1