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Consolidated Statements of Stockholders' Equity - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Common Stock
Additional Paid-in Capital
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Loss
Defined Benefit Pension Plans
Cumulative Translation Adjustment
Deferred Net Gains (Losses) on Derivatives
Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2017     79,553,825                
Stockholders' equity, beginning of period at Dec. 31, 2017     $ 0.8 $ 136.6 $ 4,253.8   $ (1,361.6) $ (285.1) $ (1,071.8) $ (4.7)  
Noncontrolling interests, beginning of period at Dec. 31, 2017                     $ 65.7
Total Stockholderss Equity, Including Noncontrolling Interest, Beginning balance at Dec. 31, 2017 $ 3,095.3                 (4.7)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income attributable to AGCO Corporation and subsidiaries 285.5       285.5            
Net income (loss) attributable to nonredeemable noncontrolling interest                     (1.8)
Net income (loss) 283.7                    
Payment of dividends to shareholders (47.1)       (47.1)            
Issuance of restricted stock (in shares)     12,629                
Issuance of restricted stock 0.8     0.8              
Issuance of performance award stock (in shares)     75,604                
Issuance of stock awards (3.1)     (3.1)              
SSARs exercised (in shares)     14,881                
SSARs exercised (0.6)     (0.6)              
Stock compensation 45.5     45.5              
Investment by noncontrolling interest 1.0                   1.0
Distribution to noncontrolling interest (0.1)                   (0.1)
Purchases and retirement of common stock (in shares)     (3,120,184)                
Purchases and retirement of common stock (184.3)     (169.0) (15.3)            
Prior service credit (cost) arising during the year (7.0)           (7.0) (7.0)      
Net loss recognized due to settlement 0.9           0.9 0.9      
Net actuarial loss arising during the year (4.2)           (4.2) (4.2)      
Amortization of prior service cost included in net periodic pension cost 1.3           1.3 1.3      
Amortization of net actuarial losses included in net periodic pension cost 11.7           11.7 11.7      
Deferred gains and losses on derivatives, net 6.1           6.1     6.1  
Change in cumulative translation adjustment             (202.6)   (202.6)    
Change in cumulative translation adjustment, attributable to noncontrolling Interest                     (4.2)
Change in cumulative translation adjustment (206.8)                    
Ending balance (in shares) at Dec. 31, 2018     76,536,755                
Stockholders' equity, beginning of period at Dec. 31, 2018     $ 0.8 10.2 4,477.3   (1,555.4) (282.4) (1,274.4) 1.4  
Stockholders' equity, beginning of period (Accounting Standards Update 2014-09) at Dec. 31, 2018   $ 0.4       $ 0.4          
Noncontrolling interests, end of period at Dec. 31, 2018                     60.6
Total Stockholders' Equity, Including Noncontrolling Interest, Ending balance at Dec. 31, 2018 2,993.5           (1,555.4) (282.4) (1,274.4) 1.4  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income attributable to AGCO Corporation and subsidiaries 125.2       125.2            
Net income (loss) attributable to nonredeemable noncontrolling interest                     (2.4)
Net income (loss) 122.8                    
Payment of dividends to shareholders (48.0)       (48.0)            
Issuance of restricted stock (in shares)     14,105                
Issuance of restricted stock 1.0     1.0              
Issuance of performance award stock (in shares)     608,444                
Issuance of stock awards (23.0)     (13.3) (9.7)            
SSARs exercised (in shares)     106,514                
SSARs exercised (4.8)     (3.1) (1.7)            
Stock compensation 40.3     40.3              
Investment by noncontrolling interest 2.0                   2.0
Distribution to noncontrolling interest (0.4)                   (0.4)
Changes in noncontrolling interest (9.1)                   (9.1)
Purchases and retirement of common stock (in shares)     (1,794,256)                
Purchases and retirement of common stock (130.0)     (30.4) (99.6)            
Prior service credit (cost) arising during the year (4.7)           (4.7) (4.7)      
Net loss recognized due to settlement 0.6           0.6 0.6      
Net actuarial loss arising during the year (23.3)           (23.3) (23.3)      
Amortization of prior service cost included in net periodic pension cost 1.6           1.6 1.6      
Amortization of net actuarial losses included in net periodic pension cost 11.8           11.8 11.8      
Deferred gains and losses on derivatives, net (2.7)           (2.7)     (2.7)  
Change in cumulative translation adjustment             (23.1)   (23.1)    
Change in cumulative translation adjustment, attributable to noncontrolling Interest                     2.5
Change in cumulative translation adjustment (20.6)                    
Ending balance (in shares) at Dec. 31, 2019     75,471,562                
Stockholders' equity, beginning of period at Dec. 31, 2019 2,853.8   $ 0.8 4.7 4,443.5   (1,595.2) (296.4) (1,297.5) (1.3)  
Noncontrolling interests, end of period at Dec. 31, 2019 53.2                   53.2
Total Stockholders' Equity, Including Noncontrolling Interest, Ending balance at Dec. 31, 2019 2,907.0           (1,595.2) (296.4) (1,297.5) (1.3)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income attributable to AGCO Corporation and subsidiaries 427.1       427.1            
Net income (loss) attributable to nonredeemable noncontrolling interest                     (7.3)
Net income (loss) 419.8                    
Payment of dividends to shareholders (48.0)       (48.0)            
Issuance of restricted stock (in shares)     19,862                
Issuance of restricted stock 1.1     1.1              
Issuance of performance award stock (in shares)     374,212                
Issuance of stock awards (15.7)     (7.3) (8.4)            
SSARs exercised (in shares)     66,736                
SSARs exercised (4.2)     (4.1) (0.1)            
Stock compensation 36.5     39.9 (3.4)            
Investment by noncontrolling interest 0.2                   0.2
Distribution to noncontrolling interest (3.3)                   (3.3)
Changes in noncontrolling interest (0.5)                   (0.5)
Purchases and retirement of common stock (in shares)     (970,141)                
Purchases and retirement of common stock (55.0)     (3.4) (51.6)            
Prior service credit (cost) arising during the year 0.3           0.3 0.3      
Net loss recognized due to settlement 0.3           0.3 0.3      
Net actuarial loss arising during the year (32.7)           (32.7) (32.7)      
Amortization of prior service cost included in net periodic pension cost 2.1           2.1 2.1      
Amortization of net actuarial losses included in net periodic pension cost 13.1           13.1 13.1      
Deferred gains and losses on derivatives, net (1.2)           (1.2)     (1.2)  
Change in cumulative translation adjustment             (197.5)   (197.5)    
Change in cumulative translation adjustment, attributable to noncontrolling Interest                     (4.3)
Change in cumulative translation adjustment (201.8)                    
Ending balance (in shares) at Dec. 31, 2020     74,962,231                
Stockholders' equity, beginning of period at Dec. 31, 2020 2,980.0   $ 0.8 $ 30.9 $ 4,759.1   (1,810.8) (313.3) (1,495.0) (2.5)  
Noncontrolling interests, end of period at Dec. 31, 2020 38.0                   $ 38.0
Total Stockholders' Equity, Including Noncontrolling Interest, Ending balance at Dec. 31, 2020 $ 3,018.0           $ (1,810.8) $ (313.3) $ (1,495.0) $ (2.5)