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Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Income Statement [Abstract]      
Net sales $ 9,723.7us-gaap_SalesRevenueGoodsNet $ 10,786.9us-gaap_SalesRevenueGoodsNet $ 9,962.2us-gaap_SalesRevenueGoodsNet
Cost of goods sold 7,657.4us-gaap_CostOfGoodsSold 8,396.3us-gaap_CostOfGoodsSold 7,839.0us-gaap_CostOfGoodsSold
Gross profit 2,066.3us-gaap_GrossProfit 2,390.6us-gaap_GrossProfit 2,123.2us-gaap_GrossProfit
Selling, general and administrative expenses 995.4us-gaap_SellingGeneralAndAdministrativeExpense 1,088.7us-gaap_SellingGeneralAndAdministrativeExpense 1,041.2us-gaap_SellingGeneralAndAdministrativeExpense
Engineering expenses 337.0us-gaap_ResearchAndDevelopmentExpense 353.4us-gaap_ResearchAndDevelopmentExpense 317.1us-gaap_ResearchAndDevelopmentExpense
Restructuring and other infrequent expenses 46.4us-gaap_RestructuringCharges 0us-gaap_RestructuringCharges 0us-gaap_RestructuringCharges
Impairment charge 0us-gaap_GoodwillAndIntangibleAssetImpairment 0us-gaap_GoodwillAndIntangibleAssetImpairment 22.4us-gaap_GoodwillAndIntangibleAssetImpairment
Amortization of intangibles 41.0us-gaap_AmortizationOfIntangibleAssets 47.8us-gaap_AmortizationOfIntangibleAssets 49.3us-gaap_AmortizationOfIntangibleAssets
Income from operations 646.5us-gaap_OperatingIncomeLoss 900.7us-gaap_OperatingIncomeLoss 693.2us-gaap_OperatingIncomeLoss
Interest expense, net 58.4us-gaap_InterestIncomeExpenseNet 58.0us-gaap_InterestIncomeExpenseNet 57.6us-gaap_InterestIncomeExpenseNet
Other expense, net 49.1us-gaap_OtherNonoperatingIncomeExpense 40.1us-gaap_OtherNonoperatingIncomeExpense 34.8us-gaap_OtherNonoperatingIncomeExpense
Income before income taxes and equity in net earnings of affiliates 539.0us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 802.6us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 600.8us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax provision 187.7us-gaap_IncomeTaxExpenseBenefit 258.5us-gaap_IncomeTaxExpenseBenefit 137.9us-gaap_IncomeTaxExpenseBenefit
Income before equity in net earnings of affiliates 351.3agco_IncomeLossBeforeEquityInNetEarningsOfAffiliates 544.1agco_IncomeLossBeforeEquityInNetEarningsOfAffiliates 462.9agco_IncomeLossBeforeEquityInNetEarningsOfAffiliates
Equity in net earnings of affiliates 52.9us-gaap_IncomeLossFromEquityMethodInvestments 48.2us-gaap_IncomeLossFromEquityMethodInvestments 53.5us-gaap_IncomeLossFromEquityMethodInvestments
Net income 404.2us-gaap_ProfitLoss 592.3us-gaap_ProfitLoss 516.4us-gaap_ProfitLoss
Net loss attributable to noncontrolling interests 6.2us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 4.9us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 5.7us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to AGCO Corporation and subsidiaries $ 410.4us-gaap_NetIncomeLoss $ 597.2us-gaap_NetIncomeLoss $ 522.1us-gaap_NetIncomeLoss
Net income per common share attributable to AGCO Corporation and subsidiaries:      
Basic (in dollars per share) $ 4.39us-gaap_EarningsPerShareBasic $ 6.14us-gaap_EarningsPerShareBasic $ 5.38us-gaap_EarningsPerShareBasic
Diluted (in dollars per share) $ 4.36us-gaap_EarningsPerShareDiluted $ 6.01us-gaap_EarningsPerShareDiluted $ 5.30us-gaap_EarningsPerShareDiluted
Cash dividends declared and paid per common share $ 0.44us-gaap_CommonStockDividendsPerShareCashPaid $ 0.4us-gaap_CommonStockDividendsPerShareCashPaid $ 0us-gaap_CommonStockDividendsPerShareCashPaid
Weighted average number of common and common equivalent shares outstanding:      
Basic (in shares) 93.4us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 97.3us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 97.1us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 94.2us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 99.4us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 98.6us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding