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Segment Reporting
 9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Segment Reporting SEGMENT REPORTING    The Company’s four reportable segments distribute a full range of agricultural equipment and related replacement parts. The Company evaluates segment performance primarily based on income from operations. Sales for each segment are based on the location of the third-party customer. The Company’s selling, general and administrative expenses and engineering expenses are generally charged to each segment based on the region and division where the expenses are incurred. As a result,
the components of income from operations for one segment may not be comparable to another segment. Segment results for the three and nine months ended September 30, 2020 and 2019 and assets as of September 30, 2020 and December 31, 2019 based on the Company’s reportable segments are as follows (in millions):
Three Months Ended September 30,North AmericaSouth AmericaEurope/Middle EastAsia/Pacific/AfricaConsolidated
2020
Net sales$582.2 $273.9 $1,405.9 $235.5 $2,497.5 
Income from operations58.3 16.7 187.5 23.8 286.3 
Depreciation15.4 6.1 26.6 4.5 52.6 
Capital expenditures9.2 2.9 52.8 0.7 65.6 
2019
Net sales$536.2 $239.4 $1,145.7 $188.1 $2,109.4 
Income (loss) from operations32.5 (5.6)122.0 11.5 160.4 
Depreciation15.0 8.0 25.4 3.7 52.1 
Capital expenditures11.4 7.7 51.2 2.9 73.2 
Nine Months Ended September 30,North AmericaSouth AmericaEurope/Middle EastAsia/Pacific/AfricaConsolidated
2020
Net sales$1,689.9 $606.3 $3,644.2 $492.2 $6,432.6 
Income from operations183.9 13.4 380.8 36.5 614.6 
Depreciation46.2 19.6 79.0 10.1 154.9 
Capital expenditures27.5 13.3 137.3 5.0 183.1 
2019
Net sales$1,651.3 $581.3 $3,813.5 $481.7 $6,527.8 
Income (loss) from operations114.5 (21.2)458.5 21.9 573.7 
Depreciation46.7 24.7 77.8 10.0 159.2 
Capital expenditures41.3 24.8 116.1 5.9 188.1 
Assets
As of September 30, 2020$1,168.2 $626.0 $2,343.2 $515.4 $4,652.8 
As of December 31, 20191,125.6 758.0 2,187.7 430.2 4,501.5 
    
    A reconciliation from the segment information to the consolidated balances for income from operations and total assets is set forth below (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2020201920202019
Segment income from operations$286.3 $160.4 $614.6 $573.7 
Corporate expenses(33.0)(30.5)(96.5)(95.2)
Amortization of intangibles(14.8)(14.9)(44.7)(45.6)
Stock compensation expense(13.7)(7.8)(26.3)(32.0)
Goodwill impairment charge— — (20.0)— 
Restructuring expenses(0.8)(1.3)(5.4)(3.0)
Consolidated income from operations$224.0 $105.9 $421.7 $397.9 
September 30, 2020December 31, 2019
Segment assets$4,652.8 $4,501.5 
Cash and cash equivalents511.0 432.8 
Investments in affiliates411.3 380.2 
Deferred tax assets, other current and noncurrent assets629.7 645.2 
Intangible assets, net462.2 501.7 
Goodwill1,273.3 1,298.3 
Consolidated total assets$7,940.3 $7,759.7