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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Net sales $ 7,410.5 $ 7,467.3 $ 9,723.7
Cost of goods sold 5,895.0 5,906.7 7,657.4
Gross profit 1,515.5 1,560.6 2,066.3
Selling, general and administrative expenses 867.9 852.3 995.4
Engineering expenses 296.1 282.2 337.0
Restructuring expenses 11.9 22.3 46.4
Amortization of intangibles 51.2 42.7 41.0
Income from operations 288.4 361.1 646.5
Interest expense, net 52.1 45.4 58.4
Other expense, net 31.4 36.3 49.1
Income before income taxes and equity in net earnings of affiliates 204.9 279.4 539.0
Income tax provision 92.2 72.5 187.7
Income before equity in net earnings of affiliates 112.7 206.9 351.3
Equity in net earnings of affiliates 47.5 57.1 52.9
Net income 160.2 264.0 404.2
Net (income) loss attributable to noncontrolling interests (0.1) 2.4 6.2
Net income attributable to AGCO Corporation and subsidiaries $ 160.1 $ 266.4 $ 410.4
Net income per common share attributable to AGCO Corporation and subsidiaries:      
Basic (in dollars per share) $ 1.97 $ 3.06 $ 4.39
Diluted (in dollars per share) 1.96 3.06 4.36
Cash dividends declared and paid per common share (in dollars per share) $ 0.52 $ 0.48 $ 0.44
Weighted average number of common and common equivalent shares outstanding:      
Basic (in shares) 81.4 87.0 93.4
Diluted (in shares) 81.7 87.1 94.2