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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]      
Net sales $ 8,306.5 $ 7,410.5 $ 7,467.3
Cost of goods sold 6,541.2 5,895.0 5,906.7
Gross profit 1,765.3 1,515.5 1,560.6
Selling, general and administrative expenses 970.7 867.9 852.3
Engineering expenses 323.1 296.1 282.2
Restructuring expenses 11.2 11.9 22.3
Amortization of intangibles 57.0 51.2 42.7
Income from operations 403.3 288.4 361.1
Interest expense, net 45.1 52.1 45.4
Other expense, net 74.4 31.4 36.3
Income before income taxes and equity in net earnings of affiliates 283.8 204.9 279.4
Income tax provision 133.6 92.2 72.5
Income before equity in net earnings of affiliates 150.2 112.7 206.9
Equity in net earnings of affiliates 39.1 47.5 57.1
Net income 189.3 160.2 264.0
Net (income) loss attributable to noncontrolling interests (2.9) (0.1) 2.4
Net income attributable to AGCO Corporation and subsidiaries $ 186.4 $ 160.1 $ 266.4
Net income per common share attributable to AGCO Corporation and subsidiaries:      
Basic (in dollars per share) $ 2.34 $ 1.97 $ 3.06
Diluted (in dollars per share) 2.32 1.96 3.06
Cash dividends declared and paid per common share (in dollars per share) $ 0.56 $ 0.52 $ 0.48
Weighted average number of common and common equivalent shares outstanding:      
Basic (in shares) 79.5 81.4 87.0
Diluted (in shares) 80.2 81.7 87.1