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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]      
Revenue from Contract with Customer, Including Assessed Tax $ 9,041.4 $ 9,352.0 $ 8,306.5
Cost of Goods and Services Sold 7,057.1 7,355.3 6,541.2
Gross profit 1,984.3 1,996.7 1,765.3
Selling, general and administrative expenses 1,040.3 1,069.4 964.7
Engineering expenses 343.4 355.2 323.4
Goodwill and Intangible Asset Impairment 176.6 0.0 0.0
Restructuring expenses 9.0 12.0 11.2
Amortization of intangibles 61.1 64.7 57.0
Accounts Receivable, Credit Loss Expense (Reversal) 5.8 6.4 4.6
Income from operations 348.1 489.0 404.4
Interest expense, net 19.9 53.8 45.1
Other expense, net 67.1 74.9 75.5
Income before income taxes and equity in net earnings of affiliates 261.1 360.3 283.8
Income tax provision 180.8 110.9 133.6
Income before equity in net earnings of affiliates 80.3 249.4 150.2
Equity in net earnings of affiliates 42.5 34.3 39.1
Net income 122.8 283.7 189.3
Net loss (income) attributable to noncontrolling interests 2.4 1.8 (2.9)
Net income attributable to AGCO Corporation and subsidiaries $ 125.2 $ 285.5 $ 186.4
Net income per common share attributable to AGCO Corporation and subsidiaries:      
Basic (in dollars per share) $ 1.64 $ 3.62 $ 2.34
Diluted (in dollars per share) 1.63 3.58 2.32
Cash dividends declared and paid per common share (in dollars per share) $ 0.63 $ 0.60 $ 0.56
Weighted average number of common and common equivalent shares outstanding:      
Basic (in shares) 76.2 78.8 79.5
Diluted (in shares) 77.0 79.7 80.2