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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Statement of Comprehensive Income [Abstract]      
Net income $ 419.8 $ 122.8 $ 283.7
Defined benefit pension plans, net of taxes:      
Prior service credit (cost) arising during the year 0.3 (4.7) (7.0)
Net loss recognized due to settlement 0.3 0.6 0.9
Net actuarial loss arising during the year (32.7) (23.3) (4.2)
Amortization of prior service cost included in net periodic pension cost 2.1 1.6 1.3
Amortization of net actuarial losses included in net periodic pension cost 13.1 11.8 11.7
Derivative adjustments:      
Net changes in fair value of derivatives 5.1 (2.6) (1.1)
Net (gains) losses reclassified from accumulated other comprehensive loss into income (6.3) (0.1) 7.2
Foreign currency translation adjustments (201.8) (20.6) (206.8)
Other comprehensive loss, net of reclassification adjustments (219.9) (37.3) (198.0)
Comprehensive income 199.9 85.5 85.7
Comprehensive loss (income) attributable to noncontrolling interests 11.6 (0.1) 6.0
Comprehensive income attributable to AGCO Corporation and subsidiaries $ 211.5 $ 85.4 $ 91.7