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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
Net sales $ 1,736.4 $ 2,154.8 $ 5,508.3 $ 7,238.5
Cost of goods sold 1,370.7 1,732.9 4,345.1 5,670.2
Gross profit 365.7 421.9 1,163.2 1,568.3
Selling, general and administrative expenses 205.8 221.7 630.1 751.0
Engineering expenses 70.0 78.2 210.5 252.9
Restructuring and other infrequent expenses 0.0 2.9 14.6 2.9
Amortization of intangibles 10.8 10.4 32.2 30.4
Income from operations 79.1 108.7 275.8 531.1
Interest expense, net 10.6 13.9 32.1 43.5
Other (income) expense, net (2.1) 10.1 17.2 34.2
Income before income taxes and equity in net earnings of affiliates 70.6 84.7 226.5 453.4
Income tax provision 17.6 34.2 66.1 163.8
Income before equity in net earnings of affiliates 53.0 50.5 160.4 289.6
Equity in net earnings of affiliates 14.2 12.0 42.3 38.1
Net income 67.2 62.5 202.7 327.7
Net (income) loss attributable to noncontrolling interests (0.1) 2.5 1.6 5.1
Net income attributable to AGCO Corporation and subsidiaries $ 67.1 $ 65.0 $ 204.3 $ 332.8
Net income per common share attributable to AGCO Corporation and subsidiaries:        
Basic, in dollars per share $ 0.77 $ 0.70 $ 2.33 $ 3.53
Diluted, in dollars per share 0.77 0.69 2.33 3.50
Cash dividends declared and paid per common share, in dollars per share $ 0.12 $ 0.11 $ 0.36 $ 0.33
Weighted average number of common and common equivalent shares outstanding:        
Basic, shares 86.6 93.5 87.7 94.2
Diluted, shares 86.7 93.8 87.8 95.2