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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]      
Revenue from Contract with Customer, Including Assessed Tax $ 9,352.0 $ 8,306.5 $ 7,410.5
Cost of Goods and Services Sold 7,355.3 6,541.2 5,895.0
Gross profit 1,996.7 1,765.3 1,515.5
Selling, general and administrative expenses 1,069.4 964.7 864.6
Engineering expenses 355.2 323.4 297.6
Restructuring expenses 12.0 11.2 11.9
Amortization of intangibles 64.7 57.0 51.2
Provision for Doubtful Accounts 6.4 4.6 3.2
Income from operations 489.0 404.4 287.0
Interest expense, net 53.8 45.1 52.1
Other expense, net 74.9 75.5 30.0
Income before income taxes and equity in net earnings of affiliates 360.3 283.8 204.9
Income tax provision 110.9 133.6 92.2
Income before equity in net earnings of affiliates 249.4 150.2 112.7
Equity in net earnings of affiliates 34.3 39.1 47.5
Net income 283.7 189.3 160.2
Net loss (income) attributable to noncontrolling interests 1.8 (2.9) (0.1)
Net income attributable to AGCO Corporation and subsidiaries $ 285.5 $ 186.4 $ 160.1
Net income per common share attributable to AGCO Corporation and subsidiaries:      
Basic (in dollars per share) $ 3.62 $ 2.34 $ 1.97
Diluted (in dollars per share) 3.58 2.32 1.96
Cash dividends declared and paid per common share (in dollars per share) $ 0.60 $ 0.56 $ 0.52
Weighted average number of common and common equivalent shares outstanding:      
Basic (in shares) 78.8 79.5 81.4
Diluted (in shares) 79.7 80.2 81.7