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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Net sales $ 1,761.6 $ 1,736.4 $ 5,316.5 $ 5,508.3
Cost of goods sold 1,408.1 1,370.7 4,221.3 4,345.1
Gross profit 353.5 365.7 1,095.2 1,163.2
Selling, general and administrative expenses 214.1 205.8 643.1 630.1
Engineering expenses 66.0 70.0 214.3 210.5
Restructuring expenses 1.5 0.0 5.5 14.6
Amortization of intangibles 12.9 10.8 35.3 32.2
Income from operations 59.0 79.1 197.0 275.8
Interest expense, net 12.1 10.6 34.5 32.1
Other income, net (0.2) (2.1) 27.1 17.2
Income before income taxes and equity in net earnings of affiliates 47.1 70.6 135.4 226.5
Income tax provision 19.5 17.6 73.9 66.1
Income before equity in net earnings of affiliates 27.6 53.0 61.5 160.4
Equity in net earnings of affiliates 11.8 14.2 37.5 42.3
Net income 39.4 67.2 99.0 202.7
Net loss (income) attributable to noncontrolling interests 0.6 (0.1) (0.9) 1.6
Net income attributable to AGCO Corporation and subsidiaries $ 40.0 $ 67.1 $ 98.1 $ 204.3
Net income per common share attributable to AGCO Corporation and subsidiaries:        
Basic, in dollars per share $ 0.50 $ 0.77 $ 1.20 $ 2.33
Diluted, in dollars per share 0.50 0.77 1.20 2.33
Cash dividends declared and paid per common share, in dollars per share $ 0.13 $ 0.12 $ 0.39 $ 0.36
Weighted average number of common and common equivalent shares outstanding:        
Basic, shares 80.7 86.6 81.9 87.7
Diluted, shares 80.8 86.7 82.0 87.8