XML 61 R72.htm IDEA: XBRL DOCUMENT v2.4.1.9
Employee Benefit Plans (Fair Value of Plan Assets) (Details) (Pension Benefits, USD $)
In Millions, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets $ 677.2us-gaap_DefinedBenefitPlanFairValueOfPlanAssets $ 660.7us-gaap_DefinedBenefitPlanFairValueOfPlanAssets $ 576.7us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
Percentage of fixed income securities consisting of investment-grade corporate bonds 37.00%agco_PercentageOfFixedIncomeSecuritiesConsistingOfInvestmentGradeCorporateBonds 31.00%agco_PercentageOfFixedIncomeSecuritiesConsistingOfInvestmentGradeCorporateBonds  
Percentage of fixed income securities consisting of government treasuries 39.00%agco_PercentageOfFixedIncomeSecuritiesConsistingOfGovernmentTreasuries 40.00%agco_PercentageOfFixedIncomeSecuritiesConsistingOfGovernmentTreasuries  
Percentage of fixed income securities consisting of other various fixed income securities 24.00%agco_PercentageOfFixedIncomeSecuritiesConsistingOfOtherVariousFixedIncomeSecurities 29.00%agco_PercentageOfFixedIncomeSecuritiesConsistingOfOtherVariousFixedIncomeSecurities  
Percentage of alternative investments consisting of multi-strategy funds 4.00%agco_PercentageOfAlternativeInvestmentsConsistingOfMultiStrategyFunds 5.00%agco_PercentageOfAlternativeInvestmentsConsistingOfMultiStrategyFunds  
Percentage of alternative investments consisting of long-short equity funds 34.00%agco_PercentageOfAlternativeInvestmentsConsistingOfLongShortEquityFunds 35.00%agco_PercentageOfAlternativeInvestmentsConsistingOfLongShortEquityFunds  
Percentage of alternative investments consisting of event-driven funds 31.00%agco_PercentageOfAlternativeInvestmentsConsistingOfEventDrivenFunds 29.00%agco_PercentageOfAlternativeInvestmentsConsistingOfEventDrivenFunds  
Percentage of alternative investments consisting of relative value funds 12.00%agco_PercentageOfAlternativeInvestmentsConsistingOfRelativeValueFunds 12.00%agco_PercentageOfAlternativeInvestmentsConsistingOfRelativeValueFunds  
Percentage of alternative investments consisting of credit funds 10.00%agco_PercentageOfAlternativeInvestmentsConsistingOfCreditFunds 12.00%agco_PercentageOfAlternativeInvestmentsConsistingOfCreditFunds  
Percentage of alternative investments consisting of hedged and non-hedged funds 9.00%agco_PercentageOfAlternativeInvestmentsConsistingOfHedgedAndNonHedgedFunds 7.00%agco_PercentageOfAlternativeInvestmentsConsistingOfHedgedAndNonHedgedFunds  
Level 1
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 522.6us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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478.1us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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Level 2
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 7.5us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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10.8us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_FairValueInputsLevel2Member
 
Level 3
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 147.1us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
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171.8us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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152.6us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_PensionPlansDefinedBenefitMember
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= us-gaap_FairValueInputsLevel3Member
Equity Securities
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 274.6us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_EquitySecuritiesMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
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290.8us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_EquitySecuritiesMember
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= us-gaap_PensionPlansDefinedBenefitMember
 
Equity Securities | Level 1
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 274.6us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
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= us-gaap_FairValueInputsLevel1Member
290.8us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_EquitySecuritiesMember
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= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
 
Global Equities
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 135.9us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= agco_GlobalEquitySecuritiesMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
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132.0us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= agco_GlobalEquitySecuritiesMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
 
Global Equities | Level 1
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 135.9us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= agco_GlobalEquitySecuritiesMember
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132.0us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_FairValueInputsLevel1Member
 
Non-U.S. Equities
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 4.3us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= agco_NonUSEquitySecuritiesMember
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6.7us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_PensionPlansDefinedBenefitMember
 
Non-U.S. Equities | Level 1
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 4.3us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= agco_NonUSEquitySecuritiesMember
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6.7us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
 
U.K. Equities
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 122.8us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= agco_UKEquitySecuritiesMember
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132.0us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= agco_UKEquitySecuritiesMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
 
U.K. Equities | Level 1
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 122.8us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= agco_UKEquitySecuritiesMember
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132.0us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_FairValueInputsLevel1Member
 
U.S. Large Cap Equities
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 7.1us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= agco_USLargeCapEquitySecuritiesMember
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13.9us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_PensionPlansDefinedBenefitMember
 
U.S. Large Cap Equities | Level 1
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 7.1us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= agco_USLargeCapEquitySecuritiesMember
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13.9us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_PensionPlansDefinedBenefitMember
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= us-gaap_FairValueInputsLevel1Member
 
U.S. Small Cap Equities
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 4.5us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= agco_USSmallCapEquitySecuritiesMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
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6.2us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= agco_USSmallCapEquitySecuritiesMember
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= us-gaap_PensionPlansDefinedBenefitMember
 
U.S. Small Cap Equities | Level 1
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 4.5us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= agco_USSmallCapEquitySecuritiesMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
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/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
6.2us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= agco_USSmallCapEquitySecuritiesMember
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= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
 
Fixed Income Securities
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 248.0us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
[1] 187.3us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
[2]  
Fixed Income Securities | Level 1
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 248.0us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
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= us-gaap_FairValueInputsLevel1Member
[1] 187.3us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
[2]  
Aggregate Fixed Income
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 17.5us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= agco_AggregateFixedIncomeSecuritiesMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
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6.5us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_PensionPlansDefinedBenefitMember
 
Aggregate Fixed Income | Level 1
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 17.5us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= agco_AggregateFixedIncomeSecuritiesMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
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6.5us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= agco_AggregateFixedIncomeSecuritiesMember
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= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
 
International
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 230.5us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= agco_InternationalFixedIncomeSecuritiesMember
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180.8us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= agco_InternationalFixedIncomeSecuritiesMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
 
International | Level 1
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 230.5us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= agco_InternationalFixedIncomeSecuritiesMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
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180.8us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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Cash and Cash Equivalents
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 7.5us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_CashAndCashEquivalentsMember
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10.8us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_CashAndCashEquivalentsMember
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= us-gaap_PensionPlansDefinedBenefitMember
 
Cash and Cash Equivalents | Level 2
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 7.5us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_CashAndCashEquivalentsMember
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10.8us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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Cash
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 7.5us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_CashMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
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10.8us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_CashMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
 
Cash | Level 2
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 7.5us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_CashMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
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10.8us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_CashMember
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= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
 
Alternative Investments
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 124.3us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= agco_AlternativeInvestmentsMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
[2] 146.0us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= agco_AlternativeInvestmentsMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
[3]  
Alternative Investments | Level 3
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 124.3us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= agco_AlternativeInvestmentsMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
[2] 146.0us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= agco_AlternativeInvestmentsMember
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= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
[3] 127.1us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= agco_AlternativeInvestmentsMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
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/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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Miscellaneous Funds
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets 22.8us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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25.8us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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[4]  
Miscellaneous Funds | Level 3
     
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Total assets $ 22.8us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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$ 25.8us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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[4] $ 25.5us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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[1] 39% of “fixed income” securities are in government treasuries; 37% are in investment-grade corporate bonds; and 24% are in other various fixed income securities.
[2] 34% of “alternative investments” are in long-short equity funds; 31% are in event-driven funds; 12% are in relative value funds; 10% are in credit funds; 9% are distributed in hedged and non-hedged funds; and 4% are in multi-strategy funds.
[3] 35% of “alternative investments” are in long-short equity funds; 29% are in event-driven funds; 12% are in relative value funds; 12% are in credit funds; 7% are distributed in hedged and non-hedged funds; and
[4] “Miscellaneous funds” is comprised of pooled funds in Australia and various contracts in Finland, Norway and Switzerland