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Revenue (Tables)

3 Months Ended

6 Months Ended

Jun. 30, 2018

Jun. 30, 2018

Revenue from Contract with Customer [Abstract]

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area and by Product

Net sales for the three months ended June 30, 2018 disaggregated by primary geographical markets and major products consisted of the following (in millions):

		North America				South America				Europe/Middle East(1)				Asia/Pacific/Africa(1)				Consolidated
Primary geographical markets:
United States		$	468.4			$	—			$	—			$	—			$	468.4
Canada		101.3				—				—				—				101.3
South America		—				213.7				—				—				213.7
Germany		—				—				389.7				—				389.7
France		—				—				250.2				—				250.2
United Kingdom and Ireland		—				—				172.8				—				172.8
Finland and Scandinavia		—				—				231.7				—				231.7
Other Europe		—				—				495.1				—				495.1
Middle East and Algeria		—				—				5.7				—				5.7
Africa		—				—				—				22.0				22.0
Asia		—				—				—				87.0				87.0
Australia and New Zealand		—				—				—				63.3				63.3
Mexico, Central America and Caribbean		30.8				5.9				—				—				36.7
		$	600.5			$	219.6			$	1,545.2			$	172.3			$	2,537.6
Major products:
Tractors		$	173.7			$	148.2			$	1,049.5			$	75.9			$	1,447.3
Replacement parts		97.7				21.9				252.7				15.9				388.2
Other machinery		79.5				15.6				138.0				16.5				249.6
Grain storage and protein production systems		171.5				12.2				58.4				59.9				302.0
Combines		24.6				14.4				39.6				2.2				80.8
Application equipment		53.5				7.3				6.9				2.0				69.7
		$	600.5			$	219.6			$	1,545.2			$	172.3			$	2,537.6

Contract with Customer, Asset and Liability

Significant changes in the balance of contract assets and liabilities for the three and six months ended as of June 30, 2018 were as follows (in millions):

Contract Assets
	Three Months Ended June 30, 2018				Six Months Ended June 30, 2018(1)
Balance at beginning of period	$	10.4			$	10.1
Additions for expected returns of replacement parts sold during the period	5.5				10.4
Transfer of returned replacement parts to inventory	(4.5		)		(9.1		)
Foreign currency translation	(0.1		)		(0.1		)
Balance as of June 30, 2018	$	11.3			$	11.3
Contract Liabilities
	Three Months Ended June 30, 2018				Six Months Ended June 30, 2018(1)
Balance at beginning of period	$	119.1			$	104.4
Advance consideration received	23.4				57.9
Accrual for expected reimbursement of replacement parts sold during the period	12.9				24.5
Revenue recognized during the period for extended warranty contracts	(6.3		)		(12.7		)
Revenue recognized during the period related to installation of grain storage and protein production systems	(33.1		)		(48.6		)
Replacement part settlements made during the period	(10.8		)		(22.1		)
Foreign currency translation	(3.3		)		(1.5		)
Balance as of June 30, 2018	$	101.9			$	101.9

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- Definition

Tabular disclosure of contract balances and changes in contract balances.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130551-203045

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
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