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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]    
Net sales $ 1,995.8 $ 2,007.5
Cost of goods sold 1,539.1 1,579.5
Gross profit 456.7 428.0
Selling, general and administrative expenses 262.2 264.6
Engineering expenses 84.5 90.9
Restructuring expenses 1.7 5.9
Amortization of intangibles 15.3 15.7
Bad debt expense 0.6 0.4
Income from operations 92.4 50.5
Interest expense, net 3.5 10.3
Other expense, net 14.6 11.5
Income before income taxes and equity in net earnings of affiliates 74.3 28.7
Income tax provision 19.4 11.4
Income before equity in net earnings of affiliates 54.9 17.3
Equity in net earnings of affiliates 10.8 7.7
Net income 65.7 25.0
Net income attributable to noncontrolling interests (0.6) (0.7)
Net income attributable to AGCO Corporation and subsidiaries $ 65.1 $ 24.3
Net income per common share attributable to AGCO Corporation and subsidiaries:    
Basic, in dollars per share $ 0.85 $ 0.31
Diluted, in dollars per share 0.84 0.30
Cash dividends declared and paid per common share, in dollars per share $ 0.15 $ 0.15
Weighted average number of common and common equivalent shares outstanding:    
Basic, shares 76.6 79.6
Diluted, shares 77.5 80.5