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Segment Reporting
 6 Months Ended
Jun. 30, 2021
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 six months ended June 30, 2021 and 2020 and assets as of June 30, 2021 and December 31, 2020 based on the Company’s reportable segments are as follows (in millions):
Three Months Ended June 30,North AmericaSouth AmericaEurope/Middle EastAsia/Pacific/AfricaConsolidated
2021
Net sales$734.7 $278.3 $1,635.2 $231.1 $2,879.3 
Income from operations103.7 23.1 201.5 26.6 354.9 
Depreciation15.2 6.7 29.6 3.6 55.1 
Capital expenditures8.8 5.0 40.3 3.0 57.1 
2020
Net sales$555.8 $178.5 $1,125.0 $147.5 $2,006.8 
Income from operations64.7 5.5 91.0 14.0 175.2 
Depreciation15.2 6.1 26.4 3.0 50.7 
Capital expenditures8.2 3.3 42.8 2.6 56.9 
Six Months Ended June 30,North AmericaSouth AmericaEurope/Middle EastAsia/Pacific/AfricaConsolidated
2021
Net sales$1,345.8 $518.8 $2,962.4 $431.0 $5,258.0 
Income from operations178.6 39.3 345.8 47.6 611.3 
Depreciation30.8 13.3 58.0 7.8 109.9 
Capital expenditures21.1 11.6 83.8 4.1 120.6 
2020
Net sales$1,107.7 $332.4 $2,238.3 $256.7 $3,935.1 
Income (loss) from operations125.6 (3.3)193.3 12.7 328.3 
Depreciation30.8 13.5 52.4 5.6 102.3 
Capital expenditures18.3 10.4 84.5 4.3 117.5 
Assets
As of June 30, 2021$1,289.6 $833.3 $2,695.0 $587.0 $5,404.9 
As of December 31, 20201,051.9 687.6 2,238.7 536.2 4,514.4 
    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 June 30,Six Months Ended June 30,
2021202020212020
Segment income from operations$354.9 $175.2 $611.3 $328.3 
Corporate expenses(37.5)(29.1)(73.4)(63.5)
Amortization of intangibles(14.2)(14.9)(31.7)(29.9)
Goodwill impairment charge— (20.0)— (20.0)
Stock compensation expense(8.2)(10.1)(14.7)(12.6)
Restructuring expenses(4.7)(3.8)(6.0)(4.6)
Consolidated income from operations$290.3 $97.3 $485.5 $197.7 
June 30, 2021December 31, 2020
Segment assets$5,404.9 $4,514.4 
Cash and cash equivalents500.2 1,119.1 
Investments in affiliates475.4 442.7 
Deferred tax assets, other current and noncurrent assets771.0 665.9 
Intangible assets, net417.5 455.6 
Goodwill1,294.3 1,306.5 
Consolidated total assets$8,863.3 $8,504.2