XML 54 R37.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Segment Reporting (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Segment Reporting [Abstract] |
Sales Information By Reportable Segments | Segment results for the years ended December 31, 2017, 2016 and 2015 based on the Company’s current reportable segments are as follows (in millions):
Years Ended December 31, |  | North America |  | South America |  | Europe/ Middle East |  | Asia/Pacific/Africa |  | Consolidated
2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 1,876.7 |  |  | $ | 1,063.5 |  |  | $ | 4,614.3 |  |  | $ | 752.0 |  |  | $ | 8,306.5 |
Income from operations |  | 64.7 |  |  | 14.5 |  |  | 500.0 |  |  | 48.8 |  |  | 628.0 |
Depreciation |  | 61.5 |  |  | 30.5 |  |  | 113.0 |  |  | 17.8 |  |  | 222.8 |
Assets |  | 1,064.1 |  |  | 752.1 |  |  | 2,074.4 |  |  | 499.4 |  |  | 4,390.0 |
Capital expenditures |  | 59.1 |  |  | 43.0 |  |  | 92.9 |  |  | 8.9 |  |  | 203.9 |
2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 1,807.7 |  |  | $ | 917.5 |  |  | $ | 4,089.7 |  |  | $ | 595.6 |  |  | $ | 7,410.5 |
Income from operations |  | 39.1 |  |  | 19.9 |  |  | 409.4 |  |  | 19.7 |  |  | 488.1 |
Depreciation |  | 62.5 |  |  | 22.9 |  |  | 116.6 |  |  | 21.4 |  |  | 223.4 |
Assets |  | 978.5 |  |  | 739.4 |  |  | 1,635.2 |  |  | 426.3 |  |  | 3,779.4 |
Capital expenditures |  | 45.3 |  |  | 56.0 |  |  | 90.1 |  |  | 9.6 |  |  | 201.0 |
2015 |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 1,965.0 |  |  | $ | 949.0 |  |  | $ | 4,037.6 |  |  | $ | 515.7 |  |  | $ | 7,467.3 |
Income (loss) from operations |  | 123.4 |  |  | 34.4 |  |  | 401.3 |  |  | (12.2 | ) |  | 546.9 |
Depreciation |  | 62.7 |  |  | 20.9 |  |  | 120.3 |  |  | 13.5 |  |  | 217.4 |
Assets |  | 984.4 |  |  | 495.7 |  |  | 1,732.9 |  |  | 396.5 |  |  | 3,609.5 |
Capital expenditures |  | 48.6 |  |  | 28.6 |  |  | 95.4 |  |  | 38.8 |  |  | 211.4 |
Income From Operations And Total Assets | A reconciliation from the segment information to the consolidated balances for income from operations and total assets is set forth below (in millions):
| 2017 |  | 2016 |  | 2015
Segment income from operations | $ | 628.0 |  |  | $ | 488.1 |  |  | $ | 546.9 |
Corporate expenses | (120.9 | ) |  | (119.7 | ) |  | (109.2 | )
Stock compensation expense | (35.6 | ) |  | (16.9 | ) |  | (11.6 | )
Restructuring expenses | (11.2 | ) |  | (11.9 | ) |  | (22.3 | )
Amortization of intangibles | (57.0 | ) |  | (51.2 | ) |  | (42.7 | )
Consolidated income from operations | $ | 403.3 |  |  | $ | 288.4 |  |  | $ | 361.1 |
Segment assets | $ | 4,390.0 |  |  | $ | 3,779.4 |  |  | $ | 3,609.5 |
Cash and cash equivalents | 367.7 |  |  | 429.7 |  |  | 426.7 |
Investments in affiliates | 409.0 |  |  | 414.9 |  |  | 392.9 |
Deferred tax assets, other current and noncurrent assets | 614.6 |  |  | 560.7 |  |  | 446.4 |
Intangible assets, net | 649.0 |  |  | 607.3 |  |  | 507.7 |
Goodwill | 1,541.4 |  |  | 1,376.4 |  |  | 1,114.5 |
Consolidated total assets | $ | 7,971.7 |  |  | $ | 7,168.4 |  |  | $ | 6,497.7 |
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area | Net sales by customer location for the years ended December 31, 2017, 2016 and 2015 were as follows (in millions):
| 2017 |  | 2016 |  | 2015
Net sales: |  |  |  |  |  |  |  |
United States | $ | 1,445.7 |  |  | $ | 1,404.6 |  |  | $ | 1,624.0 |
Canada | 296.9 |  |  | 286.7 |  |  | 233.6 |
Germany | 997.4 |  |  | 891.2 |  |  | 913.2 |
France | 815.7 |  |  | 746.9 |  |  | 762.6 |
United Kingdom and Ireland | 512.6 |  |  | 440.7 |  |  | 414.5 |
Finland and Scandinavia | 721.3 |  |  | 677.7 |  |  | 637.0 |
Other Europe | 1,396.0 |  |  | 1,127.9 |  |  | 1,077.7 |
South America | 1,046.0 |  |  | 898.2 |  |  | 932.3 |
Middle East and Algeria | 171.3 |  |  | 205.4 |  |  | 232.8 |
Africa | 138.1 |  |  | 116.2 |  |  | 113.6 |
Asia | 366.4 |  |  | 266.8 |  |  | 201.0 |
Australia and New Zealand | 247.4 |  |  | 212.6 |  |  | 201.1 |
Mexico, Central America and Caribbean | 151.7 |  |  | 135.6 |  |  | 123.9 |
| $ | 8,306.5 |  |  | $ | 7,410.5 |  |  | $ | 7,467.3 |
Revenue from External Customers by Products and Services | Net sales by product for the years ended December 31, 2017, 2016 and 2015 were as follows (in millions):
| 2017 |  | 2016 |  | 2015
Net sales: |  |  |  |  |  |  |  |
Tractors | $ | 4,785.2 |  |  | $ | 4,225.1 |  |  | $ | 4,244.1 |
Replacement parts | 1,305.0 |  |  | 1,211.3 |  |  | 1,204.4 |
Grain storage and protein production systems | 1,049.6 |  |  | 892.5 |  |  | 766.2 |
Other machinery | 582.5 |  |  | 521.6 |  |  | 629.6 |
Combines | 349.0 |  |  | 302.8 |  |  | 331.9 |
Application equipment | 235.2 |  |  | 257.2 |  |  | 291.1 |
| $ | 8,306.5 |  |  | $ | 7,410.5 |  |  | $ | 7,467.3 |
Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country | Property, plant and equipment and amortizable intangible assets by country as of December 31, 2017 and 2016 was as follows (in millions):
| 2017 |  | 2016
United States | $ | 647.9 |  |  | $ | 594.6 |
Germany | 405.5 |  |  | 344.8 |
Brazil | 217.9 |  |  | 210.4 |
Finland | 149.9 |  |  | 145.9 |
China | 127.7 |  |  | 130.0 |
Denmark | 125.7 |  |  | 119.6 |
Italy | 123.0 |  |  | 106.7 |
France | 66.0 |  |  | 59.9 |
Other | 182.1 |  |  | 172.3 |
| $ | 2,045.7 |  |  | $ | 1,884.2 |

X
- Definition Reconciliation of income from operations and assets from segment to consolidated. + References No definition available. + Details
Name: | agco_ReconciliationOfIncomeFromOperationsAndAssetsFromSegmentToConsolidated
Namespace Prefix: | agco_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideDisclosureOnGeographicAreasLongLivedAssetsInIndividualForeignCountriesByCountryTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration