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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

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