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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Net sales $ 1,986.3 $ 1,761.6 $ 5,779.1 $ 5,316.5
Cost of goods sold 1,557.7 1,408.1 4,544.8 4,221.3
Gross profit 428.6 353.5 1,234.3 1,095.2
Selling, general and administrative expenses 234.3 214.1 693.6 643.1
Engineering expenses 80.0 66.0 229.7 214.3
Restructuring expenses 3.0 1.5 8.5 5.5
Amortization of intangibles 14.3 12.9 41.5 35.3
Income from operations 97.0 59.0 261.0 197.0
Interest expense, net 11.6 12.1 33.6 34.5
Other expense (income), net 18.4 (0.2) 49.1 27.1
Income before income taxes and equity in net earnings of affiliates 67.0 47.1 178.3 135.4
Income tax provision 16.9 19.5 64.9 73.9
Income before equity in net earnings of affiliates 50.1 27.6 113.4 61.5
Equity in net earnings of affiliates 10.7 11.8 30.8 37.5
Net income 60.8 39.4 144.2 99.0
Net (income) loss attributable to noncontrolling interests (0.1) 0.6 (2.1) (0.9)
Net income attributable to AGCO Corporation and subsidiaries $ 60.7 $ 40.0 $ 142.1 $ 98.1
Net income per common share attributable to AGCO Corporation and subsidiaries:        
Basic, in dollars per share $ 0.76 $ 0.50 $ 1.79 $ 1.20
Diluted, in dollars per share 0.76 0.50 1.77 1.20
Cash dividends declared and paid per common share, in dollars per share $ 0.14 $ 0.13 $ 0.42 $ 0.39
Weighted average number of common and common equivalent shares outstanding:        
Basic, shares 79.5 80.7 79.5 81.9
Diluted, shares 80.2 80.8 80.1 82.0