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Condensed Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Income Statement [Abstract]        
Net sales $ 2,750.3 $ 3,048.2 $ 5,083.7 $ 5,451.3
Cost of goods sold 2,118.8 2,337.9 3,937.3 4,207.9
Gross profit 631.5 710.3 1,146.4 1,243.4
Selling, general and administrative expenses 262.3 279.7 529.3 535.4
Engineering expenses 92.5 91.4 174.7 179.4
Amortization of intangibles 10.0 12.1 20.0 24.1
Income from operations 266.7 327.1 422.4 504.5
Interest expense, net 15.7 13.5 29.6 26.1
Other expense, net 12.9 10.2 24.1 13.9
Income before income taxes and equity in net earnings of affiliates 238.1 303.4 368.7 464.5
Income tax provision 83.2 104.4 129.6 157.3
Income before equity in net earnings of affiliates 154.9 199.0 239.1 307.2
Equity in net earnings of affiliates 11.1 14.1 26.1 23.0
Net income 166.0 213.1 265.2 330.2
Net loss attributable to noncontrolling interests 2.2 0.6 2.6 1.5
Net income attributable to AGCO Corporation and subsidiaries $ 168.2 $ 213.7 $ 267.8 $ 331.7
Net income per common share attributable to AGCO Corporation and subsidiaries:        
Basic, in dollars per share $ 1.79 $ 2.20 $ 2.83 $ 3.41
Diluted, in dollars per share $ 1.77 $ 2.15 $ 2.79 $ 3.34
Cash dividends declared and paid per common share, in dollars per share $ 0.11 $ 0.1 $ 0.22 $ 0.2
Weighted average number of common and common equivalent shares outstanding:        
Basic, shares 93.9 97.3 94.6 97.2
Diluted, shares 95.1 99.3 95.9 99.2