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Condensed Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Income Statement [Abstract]        
Net sales $ 2,154.8 $ 2,475.9 $ 7,238.5 $ 7,927.2
Cost of goods sold 1,732.9 1,919.7 5,670.2 6,127.6
Gross profit 421.9 556.2 1,568.3 1,799.6
Selling, general and administrative expenses 221.7 258.1 751.0 793.5
Engineering expenses 78.2 87.3 252.9 266.7
Restructuring and other infrequent expenses 2.9 0 2.9 0
Amortization of intangibles 10.4 11.8 30.4 35.9
Income from operations 108.7 199.0 531.1 703.5
Interest expense, net 13.9 14.1 43.5 40.2
Other expense, net 10.1 11.3 34.2 25.2
Income before income taxes and equity in net earnings of affiliates 84.7 173.6 453.4 638.1
Income tax provision 34.2 62.5 163.8 219.8
Income before equity in net earnings of affiliates 50.5 111.1 289.6 418.3
Equity in net earnings of affiliates 12.0 14.1 38.1 37.1
Net income 62.5 125.2 327.7 455.4
Net loss attributable to noncontrolling interests 2.5 1.0 5.1 2.5
Net income attributable to AGCO Corporation and subsidiaries $ 65.0 $ 126.2 $ 332.8 $ 457.9
Net income per common share attributable to AGCO Corporation and subsidiaries:        
Basic, in dollars per share $ 0.70 $ 1.30 $ 3.53 $ 4.71
Diluted, in dollars per share $ 0.69 $ 1.27 $ 3.50 $ 4.61
Cash dividends declared and paid per common share, in dollars per share $ 0.11 $ 0.1 $ 0.33 $ 0.3
Weighted average number of common and common equivalent shares outstanding:        
Basic, shares 93.5 97.4 94.2 97.2
Diluted, shares 93.8 99.5 95.2 99.3