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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Net sales $ 2,165.2 $ 1,995.6 $ 3,792.8 $ 3,554.9
Cost of goods sold 1,689.8 1,568.6 2,987.1 2,813.2
Gross profit 475.4 427.0 805.7 741.7
Selling, general and administrative expenses 236.1 217.8 459.3 429.0
Engineering expenses 76.7 77.1 149.7 148.3
Restructuring expenses 0.4 2.1 5.5 4.0
Amortization of intangibles 13.8 11.4 27.2 22.4
Income from operations 148.4 118.6 164.0 138.0
Interest expense, net 11.3 11.9 22.0 22.4
Other expense, net 17.7 16.0 30.7 27.3
Income before income taxes and equity in net earnings of affiliates 119.4 90.7 111.3 88.3
Income tax provision 36.9 54.8 48.0 54.4
Income before equity in net earnings of affiliates 82.5 35.9 63.3 33.9
Equity in net earnings of affiliates 9.1 13.5 20.1 25.7
Net income 91.6 49.4 83.4 59.6
Net (income) loss attributable to noncontrolling interests (0.1) 0.9 (2.0) (1.5)
Net income attributable to AGCO Corporation and subsidiaries $ 91.5 $ 50.3 $ 81.4 $ 58.1
Net income per common share attributable to AGCO Corporation and subsidiaries:        
Basic, in dollars per share $ 1.15 $ 0.61 $ 1.02 $ 0.70
Diluted, in dollars per share 1.14 0.61 1.02 0.70
Cash dividends declared and paid per common share, in dollars per share $ 0.14 $ 0.13 $ 0.28 $ 0.26
Weighted average number of common and common equivalent shares outstanding:        
Basic, shares 79.5 82.0 79.5 82.5
Diluted, shares 80.1 82.1 80.1 82.6