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Income Taxes (Schedule of Deferred Tax Assets and Liabilities) (Details) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Deferred Tax Assets:    
Net operating loss carryforwards $ 75.7us-gaap_DeferredTaxAssetsOperatingLossCarryforwards $ 69.7us-gaap_DeferredTaxAssetsOperatingLossCarryforwards
Sales incentive discounts 85.5agco_DeferredTaxAssetsSalesIncentiveDiscounts 68.7agco_DeferredTaxAssetsSalesIncentiveDiscounts
Inventory valuation reserves 33.9us-gaap_DeferredTaxAssetsInventory 29.4us-gaap_DeferredTaxAssetsInventory
Pensions and postretirement health care benefits 76.7us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits 69.7us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
Warranty and other reserves 104.8us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves 108.5us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
Research and development tax credits 0agco_DeferredTaxAssetsResearchAndDevelopment 13.2agco_DeferredTaxAssetsResearchAndDevelopment
Other 53.4us-gaap_DeferredTaxAssetsOther 64.0us-gaap_DeferredTaxAssetsOther
Total gross deferred tax assets 430.0us-gaap_DeferredTaxAssetsGross 423.2us-gaap_DeferredTaxAssetsGross
Valuation allowance (93.3)us-gaap_DeferredTaxAssetsValuationAllowance (77.2)us-gaap_DeferredTaxAssetsValuationAllowance
Total net deferred tax assets 336.7us-gaap_DeferredTaxAssetsNet 346.0us-gaap_DeferredTaxAssetsNet
Deferred Tax Liabilities:    
Tax over book depreciation and amortization 311.0agco_DeferredTaxLiabilitiesDepreciationAndAmortization 314.7agco_DeferredTaxLiabilitiesDepreciationAndAmortization
Other 21.5us-gaap_DeferredTaxLiabilitiesOther 21.6us-gaap_DeferredTaxLiabilitiesOther
Total deferred tax liabilities 332.5us-gaap_DeferredIncomeTaxLiabilities 336.3us-gaap_DeferredIncomeTaxLiabilities
Net deferred tax assets 4.2us-gaap_DeferredTaxAssetsLiabilitiesNet 9.7us-gaap_DeferredTaxAssetsLiabilitiesNet
Amounts recognized in Consolidated Balance Sheets:    
Deferred tax assets - current 217.2us-gaap_DeferredTaxAssetsNetCurrent 241.2us-gaap_DeferredTaxAssetsNetCurrent
Deferred tax assets - noncurrent 25.8us-gaap_DeferredTaxAssetsNetNoncurrent 24.4us-gaap_DeferredTaxAssetsNetNoncurrent
Other current liabilities 0us-gaap_DeferredTaxLiabilitiesCurrent (4.7)us-gaap_DeferredTaxLiabilitiesCurrent
Deferred tax liabilities - noncurrent (238.8)us-gaap_DeferredTaxLiabilitiesNoncurrent (251.2)us-gaap_DeferredTaxLiabilitiesNoncurrent
Net deferred tax assets $ 4.2us-gaap_DeferredTaxAssetsLiabilitiesNet $ 9.7us-gaap_DeferredTaxAssetsLiabilitiesNet