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Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2017
Stockholders' Equity Note [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table sets forth changes in accumulated other comprehensive loss by component, net of tax, attributed to AGCO Corporation and its subsidiaries for the years ended December 31, 2017 and 2016 (in millions):
 
Defined Benefit Pension Plans
 
Cumulative Translation Adjustment
 
Deferred Net Gains (Losses) on Derivatives
 
Total
Accumulated other comprehensive loss, December 31, 2015
$
(249.0
)
 
$
(1,209.2
)
 
$
(2.0
)
 
$
(1,460.2
)
Other comprehensive loss before reclassifications
(65.2
)
 
80.8

 
(7.7
)
 
7.9

Net losses reclassified from accumulated other comprehensive loss
9.7

 
—

 
1.0

 
10.7

Other comprehensive (loss) income, net of reclassification adjustments
(55.5
)
 
80.8

 
(6.7
)
 
18.6

Accumulated other comprehensive loss, December 31, 2016
(304.5
)
 
(1,128.4
)
 
(8.7
)
 
(1,441.6
)
Other comprehensive income before reclassifications
6.8

 
56.6

 
2.0

 
65.4

Net losses reclassified from accumulated other comprehensive loss
12.6

 
—

 
2.0

 
14.6

Other comprehensive income, net of reclassification adjustments
19.4

 
56.6

 
4.0

 
80.0

Accumulated other comprehensive loss, December 31, 2017
$
(285.1
)
 
$
(1,071.8
)
 
$
(4.7
)
 
$
(1,361.6
)
Schedule of reclassifications out of AOCI
The following table sets forth reclassification adjustments out of accumulated other comprehensive loss by component attributed to AGCO Corporation and its subsidiaries for the years ended December 31, 2017 and 2016 (in millions):
Details about Accumulated Other Comprehensive Loss Components
 
Amount Reclassified from Accumulated Other Comprehensive Loss
 
Affected Line Item within the Consolidated
Statements of Operations
 
Year ended December 31, 2017 (1)
 
Year ended December 31, 2016 (1)
 
Derivatives:
 
 
 
 
 
 
    Net gains on foreign currency contracts
 
$
(0.2
)
 
$
(1.0
)
 
Cost of goods sold
    Net losses on interest rate contract
 
2.4

 
2.0

 
Interest expense, net
Reclassification before tax
 
2.2

 
1.0

 
 
 
 
(0.2
)
 
—

 
Income tax provision
Reclassification net of tax
 
$
2.0

 
$
1.0

 
 
 
 
 
 
 
 
 
Defined benefit pension plans:
 
 
 
 
 
 
Amortization of net actuarial losses
 
$
13.5

 
$
10.0

 
(2) 
Amortization of prior service cost
 
1.4

 
1.2

 
(2) 
Reclassification before tax
 
14.9

 
11.2

 
 
 
 
(2.3
)
 
(1.5
)
 
Income tax provision
Reclassification net of tax
 
$
12.6

 
$
9.7

 
 
 
 
 
 
 
 
 
Net losses reclassified from accumulated other comprehensive loss
 
$
14.6

 
$
10.7

 
 

____________________________________
(1)
(Gains) losses included within the Consolidated Statements of Operations for the years ended December 31, 2017 and 2016, respectively.
(2)
These accumulated other comprehensive loss components are included in the computation of net periodic pension and postretirement benefit cost. See Note 8 to the Company’s Consolidated Financial Statements.