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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Net sales $ 2,069.3 $ 2,750.3 $ 3,771.9 $ 5,083.7
Cost of goods sold 1,619.7 2,118.8 2,974.4 3,937.3
Gross profit 449.6 631.5 797.5 1,146.4
Selling, general and administrative expenses 213.1 262.3 424.3 529.3
Engineering expenses 71.7 92.5 140.5 174.7
Restructuring and other infrequent expenses 4.0 0.0 14.6 0.0
Amortization of intangibles 10.9 10.0 21.4 20.0
Income from operations 149.9 266.7 196.7 422.4
Interest expense, net 11.3 15.7 21.5 29.6
Other expense, net 9.5 12.9 19.3 24.1
Income before income taxes and equity in net earnings of affiliates 129.1 238.1 155.9 368.7
Income tax provision 37.9 83.2 48.5 129.6
Income before equity in net earnings of affiliates 91.2 154.9 107.4 239.1
Equity in net earnings of affiliates 14.4 11.1 28.1 26.1
Net income 105.6 166.0 135.5 265.2
Net loss attributable to noncontrolling interests 1.5 2.2 1.7 2.6
Net income attributable to AGCO Corporation and subsidiaries $ 107.1 $ 168.2 $ 137.2 $ 267.8
Net income per common share attributable to AGCO Corporation and subsidiaries:        
Basic, in dollars per share $ 1.22 $ 1.79 $ 1.55 $ 2.83
Diluted, in dollars per share 1.22 1.77 1.55 2.79
Cash dividends declared and paid per common share, in dollars per share $ 0.12 $ 0.11 $ 0.24 $ 0.22
Weighted average number of common and common equivalent shares outstanding:        
Basic, shares 87.6 93.9 88.2 94.6
Diluted, shares 87.7 95.1 88.3 95.9