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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 1,119.1 $ 432.8
Accounts and notes receivable, net 856.0 800.5
Inventories, net 1,974.4 2,078.7
Other current assets 418.9 417.1
Total current assets 4,368.4 3,729.1
Property, plant and equipment, net 1,508.5 1,416.3
Right-of-use lease assets 165.1 187.3
Investment in affiliates 442.7 380.2
Deferred tax assets 77.6 93.8
Other assets 179.8 153.0
Intangible assets, net 455.6 501.7
Goodwill 1,306.5 1,298.3
Total assets 8,504.2 7,759.7
Current Liabilities:    
Current portion of long-term debt 325.9 2.9
Short-term borrowings 33.8 150.5
Accounts payable 855.1 914.8
Accrued expenses 1,916.7 1,654.2
Other current liabilities 231.3 162.1
Total current liabilities 3,362.8 2,884.5
Long-term debt, less current portion and debt issuance costs 1,256.7 1,191.8
Operating lease liabilities 125.9 148.6
Pensions and postretirement health care benefits 253.4 232.1
Deferred tax liabilities 112.4 107.0
Other noncurrent liabilities 375.0 288.7
Total liabilities 5,486.2 4,852.7
Commitments and contingencies (Note 11)
AGCO Corporation stockholders’ equity:    
Preferred stock; $0.01 par value, 1,000,000 shares authorized, no shares issued or outstanding in 2020 and 2019 0.0 0.0
Common stock; $0.01 par value, 150,000,000 shares authorized, 74,962,231 and 75,471,562 shares issued and outstanding at December 31, 2020 and 2019, respectively 0.8 0.8
Additional paid-in capital 30.9 4.7
Retained earnings 4,759.1 4,443.5
Accumulated other comprehensive loss (1,810.8) (1,595.2)
Total AGCO Corporation stockholders’ equity 2,980.0 2,853.8
Noncontrolling interests 38.0 53.2
Total stockholders’ equity 3,018.0 2,907.0
Total liabilities and stockholders’ equity $ 8,504.2 $ 7,759.7