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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Net sales $ 2,109.4 $ 2,214.7 $ 6,527.8 $ 6,759.8
Cost of goods sold 1,659.2 1,741.0 5,057.0 5,301.8
Gross profit 450.2 473.7 1,470.8 1,458.0
Selling, general and administrative expenses 245.0 260.5 767.9 796.9
Engineering expenses 82.3 83.3 254.3 267.2
Restructuring expenses 1.3 1.5 3.0 10.1
Amortization of intangibles 14.9 15.3 45.6 49.2
Bad debt expense 0.8 1.8 2.1 4.7
Income from operations 105.9 111.3 397.9 329.9
Interest expense, net 6.4 7.0 15.9 38.5
Other expense, net 20.8 19.1 47.0 57.8
Income before income taxes and equity in net earnings of affiliates 78.7 85.2 335.0 233.6
Income tax provision 83.2 23.9 155.8 73.8
(Loss) income before equity in net earnings of affiliates (4.5) 61.3 179.2 159.8
Equity in net earnings of affiliates 10.8 9.4 33.2 26.3
Net income 6.3 70.7 212.4 186.1
Net loss attributable to noncontrolling interests 1.3 0.4 1.1 0.7
Net Income (Loss) Attributable to Parent $ 7.6 $ 71.1 $ 213.5 $ 186.8
Net income per common share attributable to AGCO Corporation and subsidiaries:        
Basic (in dollars per share) $ 0.10 $ 0.90 $ 2.79 $ 2.36
Diluted (in dollars per share) 0.10 0.89 2.77 2.33
Cash dividends declared and paid per common share (in dollars per share) $ 0.16 $ 0.15 $ 0.47 $ 0.45
Weighted average number of common and common equivalent shares outstanding:        
Basic (in shares) 76.1 78.7 76.4 79.2
Diluted (in shares) 76.7 79.7 77.1 80.1