XML 20 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]      
Net sales $ 7,467.3 $ 9,723.7 $ 10,786.9
Cost of goods sold 5,906.7 7,657.4 8,396.3
Gross profit 1,560.6 2,066.3 2,390.6
Selling, general and administrative expenses 852.3 995.4 1,088.7
Engineering expenses 282.2 337.0 353.4
Restructuring and other infrequent expenses 22.3 46.4 0.0
Amortization of intangibles 42.7 41.0 47.8
Income from operations 361.1 646.5 900.7
Interest expense, net 45.4 58.4 58.0
Other expense, net 36.3 49.1 40.1
Income before income taxes and equity in net earnings of affiliates 279.4 539.0 802.6
Income tax provision 72.5 187.7 258.5
Income before equity in net earnings of affiliates 206.9 351.3 544.1
Equity in net earnings of affiliates 57.1 52.9 48.2
Net income 264.0 404.2 592.3
Net loss attributable to noncontrolling interests 2.4 6.2 4.9
Net income attributable to AGCO Corporation and subsidiaries $ 266.4 $ 410.4 $ 597.2
Net income per common share attributable to AGCO Corporation and subsidiaries:      
Basic (in dollars per share) $ 3.06 $ 4.39 $ 6.14
Diluted (in dollars per share) 3.06 4.36 6.01
Cash dividends declared and paid per common share (in dollars per share) $ 0.48 $ 0.44 $ 0.4
Weighted average number of common and common equivalent shares outstanding:      
Basic (in shares) 87.0 93.4 97.3
Diluted (in shares) 87.1 94.2 99.4