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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Net sales $ 2,422.6 $ 2,537.6 $ 4,418.4 $ 4,545.1
Cost of goods sold 1,858.7 1,981.3 3,397.8 3,560.8
Gross profit 563.9 556.3 1,020.6 984.3
Selling, general and administrative expenses 260.7 271.8 522.9 536.4
Engineering expenses 87.5 93.0 172.0 183.9
Restructuring expenses 0.0 2.7 1.7 8.6
Amortization of intangibles 15.4 18.2 30.7 33.9
Bad debt expense 0.7 2.5 1.3 2.9
Income from operations 199.6 168.1 292.0 218.6
Interest expense, net 6.0 21.2 9.5 31.5
Other expense, net 11.6 27.2 26.2 38.7
Income before income taxes and equity in net earnings of affiliates 182.0 119.7 256.3 148.4
Income tax provision 53.2 38.5 72.6 49.9
Income before equity in net earnings of affiliates 128.8 81.2 183.7 98.5
Equity in net earnings of affiliates 11.6 9.2 22.4 16.9
Net income 140.4 90.4 206.1 115.4
Net loss attributable to noncontrolling interests 0.4 1.0 (0.2) 0.3
Net income attributable to AGCO Corporation and subsidiaries $ 140.8 $ 91.4 $ 205.9 $ 115.7
Net income per common share attributable to AGCO Corporation and subsidiaries:        
Basic, in dollars per share $ 1.84 $ 1.15 $ 2.69 $ 1.46
Diluted, in dollars per share 1.82 1.14 2.66 1.44
Cash dividends declared and paid per common share, in dollars per share $ 0.16 $ 0.15 $ 0.31 $ 0.30
Weighted average number of common and common equivalent shares outstanding:        
Basic, shares 76.6 79.3 76.6 79.4
Diluted, shares 77.2 80.2 77.3 80.3