XML 56 R39.htm IDEA: XBRL DOCUMENT v3.10.0.1

Revenue (Tables)

12 Months Ended

Dec. 31, 2018

Revenue from Contract with Customer [Abstract]

Significant changes in contract assets and liabilities [Table Text Block]

Significant changes in the balance of contract assets and liabilities for the year ended December 31, 2018 were as follows (in millions):

Contract Assets
		Year Ended December 31, 2018(1)
Balance at beginning of period		$	10.1
Additions for expected returns of replacement parts sold during the period		21.0
Transfer of returned replacement parts to inventory		(18.8		)
Foreign currency translation		(0.1		)
Balance as of December 31, 2018		$	12.2
Contract Liabilities
		Year Ended December 31, 2018(1)
Balance at beginning of period		$	104.4
Advance consideration received		124.9
Accrual for expected reimbursement of replacement parts sold during the period		52.3
Revenue recognized during the period for extended warranty contracts		(29.0		)
Revenue recognized during the period related to installation of grain storage and protein production systems		(100.9		)
Replacement part settlements made during the period		(45.7		)
Foreign currency translation		(1.0		)
Balance as of December 31, 2018		$	105.0

____________________________________

(1) The beginning of the period is from the date of adoption of ASU 2014-09 or January 1, 2018.

Disaggregation of Revenue [Table Text Block]

Net sales for the year ended December 31, 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				Consolidated(1)
Primary geographical markets:
United States		$	1,723.6			$	—			$	—			$	—			$	1,723.6
Canada		329.0				—				—				—				329.0
Germany		—				—				1,213.6				—				1,213.6
France		—				—				1,002.9				—				1,002.9
United Kingdom and Ireland		—				—				614.4				—				614.4
Finland and Scandinavia		—				—				826.5				—				826.5
Other Europe		—				—				1,627.8				—				1,627.8
South America		—				943.1				—				—				943.1
Middle East and Algeria		—				—				100.0				—				100.0
Africa		—				—				—				135.5				135.5
Asia		—				—				—				414.5				414.5
Australia and New Zealand		—				—				—				277.8				277.8
Mexico, Central America and Caribbean		127.5				15.9				—				—				143.4
		$	2,180.1			$	959.0			$	5,385.1			$	827.8			$	9,352.0
Major products:
Tractors		$	665.8			$	599.1			$	3,743.0			$	353.2			$	5,361.1
Replacement parts		298.7				91.0				880.3				76.0				1,346.0
Grain storage and protein production systems		570.3				70.1				187.6				285.5				1,113.5
Combines		63.1				104.0				143.2				9.4				319.7
Application equipment		225.6				34.1				27.3				18.7				305.7
Other machinery		356.6				60.7				403.8				85.0				906.1
		$	2,180.1			$	959.0			$	5,385.1			$	827.8			$	9,352.0

___________________________________

(1) Rounding may impact summation of amounts.

Net sales for the year ended December 31, 2017 disaggregated by primary geographical markets and major products consisted of the following (in millions):

		North America(1)				South America				Europe/Middle East				Asia/Pacific/Africa(1)				Consolidated
Primary geographical markets:
United States		$	1,445.7			$	—			$	—			$	—			$	1,445.7
Canada		296.9				—				—				—				296.9
Germany		—				—				997.4				—				997.4
France		—				—				815.7				—				815.7
United Kingdom and Ireland		—				—				512.6				—				512.6
Finland and Scandinavia		—				—				721.3				—				721.3
Other Europe		—				—				1,396.0				—				1,396.0
South America		—				1,039.2				—				—				1,039.2
Middle East and Algeria		—				—				171.3				—				171.3
Africa		—				—				—				138.1				138.1
Asia		—				—				—				366.4				366.4
Australia and New Zealand		—				—				—				247.4				247.4
Mexico, Central America and Caribbean		134.2				24.3				—				—				158.5
		$	1,876.7			$	1,063.5			$	4,614.3			$	752.0			$	8,306.5
Major products:
Tractors		$	624.8			$	673.5			$	3,149.7			$	337.2			$	4,785.2
Replacement parts		287.0				108.4				835.3				74.3				1,305.0
Grain storage and protein production systems		537.2				72.9				182.9				256.6				1,049.6
Combines		67.4				131.9				139.2				10.5				349.0
Application equipment		166.4				26.1				32.1				10.6				235.2
Other machinery		193.9				50.7				275.1				62.8				582.5
		$	1,876.7			$	1,063.5			$	4,614.3			$	752.0			$	8,306.5

___________________________________

(1) Rounding may impact summation of amounts.

Net sales for the year ended December 31, 2016 disaggregated by primary geographical markets and major products consisted of the following (in millions):

		North America				South America(1)				Europe/Middle East(1)				Asia/Pacific/Africa				Consolidated
Primary geographical markets:
United States		$	1,404.6			$	—			$	—			$	—			$	1,404.6
Canada		286.7				—				—				—				286.7
Germany		—				—				891.2				—				891.2
France		—				—				746.9				—				746.9
United Kingdom and Ireland		—				—				440.7				—				440.7
Finland and Scandinavia		—				—				677.7				—				677.7
Other Europe		—				—				1,127.9				—				1,127.9
South America		—				893.9				—				—				893.9
Middle East and Algeria		—				—				205.4				—				205.4
Africa		—				—				—				116.2				116.2
Asia		—				—				—				266.8				266.8
Australia and New Zealand		—				—				—				212.6				212.6
Mexico, Central America and Caribbean		116.4				23.5				—				—				139.9
		$	1,807.7			$	917.5			$	4,089.7			$	595.6			$	7,410.5
Major products:
Tractors		$	506.2			$	594.3			$	2,846.4			$	278.2			$	4,225.1
Replacement parts		288.3				88.0				771.0				64.0				1,211.3
Grain storage and protein production systems		574.6				66.1				85.2				166.6				892.5
Combines		64.0				93.8				123.4				21.6				302.8
Application equipment		190.8				23.7				34.8				7.9				257.2
Other machinery		183.8				51.6				228.9				57.3				521.6
		$	1,807.7			$	917.5			$	4,089.7			$	595.6			$	7,410.5

___________________________________

(1) Rounding may impact summation of amounts.

X

- Definition

[Table Text Block] for Significant changes in contract assets and liabilities [Table]

+ References

No definition available.

+ Details

Name:	agco_SignificantchangesincontractassetsandliabilitiesTableTextBlock
Namespace Prefix:	agco_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130545-203045

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration