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Revenue (Tables) | 12 Months Ended
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Dec. 31, 2021
Revenue from Contract with Customer [Abstract] |
Significant Changes in Contract Assets and Liabilities | Significant changes in the balance of contract liabilities for the years ended December 31, 2021 and 2020 were as follows (in millions):
|  |  | Year Ended December 31, 2021 |  | Year Ended December 31, 2020
Balance at beginning of period |  |  | $ | 172.0 |  |  | $ | 104.0 |
Advance consideration received |  |  | 227.8 |  |  | 192.7 |
Revenue recognized during the period for extended warranty contracts, maintenance services and technology services |  |  | (64.0) |  |  | (46.6) |
Revenue recognized during the period related to grain storage and protein production systems |  |  | (103.5) |  |  | (85.6) |
Foreign currency translation |  |  | (6.1) |  |  | 7.5 |
Balance as of December 31 |  |  | $ | 226.2 |  |  | $ | 172.0 |
Disaggregation of Revenue | Net sales for the year ended December 31, 2021 disaggregated by primary geographical markets and major products consisted of the following (in millions):
|  | North America |  | South America |  | Europe/ Middle East |  | Asia/ Pacific/Africa |  | Consolidated
Primary geographical markets: |  |  |  |  |  |  |  |  |  |
United States |  | $ | 2,116.2 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 2,116.2 |
Canada |  | 436.7 |  |  | — |  |  | — |  |  | — |  |  | 436.7 |
Germany |  | — |  |  | — |  |  | 1,332.0 |  |  | — |  |  | 1,332.0 |
France |  | — |  |  | — |  |  | 1,129.1 |  |  | — |  |  | 1,129.1 |
United Kingdom and Ireland |  | — |  |  | — |  |  | 635.3 |  |  | — |  |  | 635.3 |
Finland and Scandinavia |  | — |  |  | — |  |  | 836.3 |  |  | — |  |  | 836.3 |
Other Europe |  | — |  |  | — |  |  | 2,104.6 |  |  | — |  |  | 2,104.6 |
South America |  | — |  |  | 1,294.8 |  |  | — |  |  | — |  |  | 1,294.8 |
Middle East and Algeria |  | — |  |  | — |  |  | 184.4 |  |  | — |  |  | 184.4 |
Africa |  | — |  |  | — |  |  | — |  |  | 152.3 |  |  | 152.3 |
Asia |  | — |  |  | — |  |  | — |  |  | 436.5 |  |  | 436.5 |
Australia and New Zealand |  | — |  |  | — |  |  | — |  |  | 360.9 |  |  | 360.9 |
Mexico, Central America and Caribbean |  | 106.3 |  |  | 12.9 |  |  | — |  |  | — |  |  | 119.2 |
|  | $ | 2,659.2 |  |  | $ | 1,307.7 |  |  | $ | 6,221.7 |  |  | $ | 949.7 |  |  | $ | 11,138.3 |
Major products: |  |  |  |  |  |  |  |  |  |
Tractors |  | $ | 940.4 |  |  | $ | 664.6 |  |  | $ | 4,338.2 |  |  | $ | 443.7 |  |  | $ | 6,386.9 |
Replacement parts |  | 379.1 |  |  | 131.8 |  |  | 1,070.5 |  |  | 106.5 |  |  | 1,687.9 |
Grain storage and protein production systems |  | 534.9 |  |  | 140.1 |  |  | 174.0 |  |  | 227.1 |  |  | 1,076.1 |
Combines, application equipment and other machinery |  | 804.8 |  |  | 371.2 |  |  | 639.0 |  |  | 172.4 |  |  | 1,987.4 |
|  | $ | 2,659.2 |  |  | $ | 1,307.7 |  |  | $ | 6,221.7 |  |  | $ | 949.7 |  |  | $ | 11,138.3 |
Net sales for the year ended December 31, 2020 disaggregated by primary geographical markets and major products consisted of the following (in millions):
|  | North America |  | South America |  | Europe/ Middle East |  | Asia/ Pacific/Africa |  | Consolidated
Primary geographical markets: |  |  |  |  |  |  |  |  |  |
United States |  | $ | 1,763.2 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1,763.2 |
Canada |  | 325.9 |  |  | — |  |  | — |  |  | — |  |  | 325.9 |
Germany |  | — |  |  | — |  |  | 1,280.6 |  |  | — |  |  | 1,280.6 |
France |  | — |  |  | — |  |  | 1,080.2 |  |  | — |  |  | 1,080.2 |
United Kingdom and Ireland |  | — |  |  | — |  |  | 557.8 |  |  | — |  |  | 557.8 |
Finland and Scandinavia |  | — |  |  | — |  |  | 698.5 |  |  | — |  |  | 698.5 |
Other Europe |  | — |  |  | — |  |  | 1,613.1 |  |  | — |  |  | 1,613.1 |
South America |  | — |  |  | 865.4 |  |  | — |  |  | — |  |  | 865.4 |
Middle East and Algeria |  | — |  |  | — |  |  | 136.7 |  |  | — |  |  | 136.7 |
Africa |  | — |  |  | — |  |  | — |  |  | 58.3 |  |  | 58.3 |
Asia |  | — |  |  | — |  |  | — |  |  | 373.1 |  |  | 373.1 |
Australia and New Zealand |  | — |  |  | — |  |  | — |  |  | 302.6 |  |  | 302.6 |
Mexico, Central America and Caribbean |  | 85.9 |  |  | 8.4 |  |  | — |  |  | — |  |  | 94.3 |
|  | $ | 2,175.0 |  |  | $ | 873.8 |  |  | $ | 5,366.9 |  |  | $ | 734.0 |  |  | $ | 9,149.7 |
Major products: |  |  |  |  |  |  |  |  |  |
Tractors |  | $ | 692.0 |  |  | $ | 469.8 |  |  | $ | 3,814.3 |  |  | $ | 296.1 |  |  | $ | 5,272.2 |
Replacement parts |  | 338.4 |  |  | 84.0 |  |  | 936.1 |  |  | 87.2 |  |  | 1,445.7 |
Grain storage and protein production systems |  | 471.0 |  |  | 82.8 |  |  | 122.2 |  |  | 226.0 |  |  | 902.0 |
Combines, application equipment and other machinery |  | 673.6 |  |  | 237.2 |  |  | 494.3 |  |  | 124.7 |  |  | 1,529.8 |
|  | $ | 2,175.0 |  |  | $ | 873.8 |  |  | $ | 5,366.9 |  |  | $ | 734.0 |  |  | $ | 9,149.7 |
Net sales for the year ended December 31, 2019 disaggregated by primary geographical markets and major products consisted of the following (in millions):
|  | North America |  | South America |  | Europe/ Middle East |  | Asia/ Pacific/Africa |  | Consolidated
Primary geographical markets: |  |  |  |  |  |  |  |  |  |
United States |  | $ | 1,787.4 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1,787.4 |
Canada |  | 302.0 |  |  | — |  |  | — |  |  | — |  |  | 302.0 |
Germany |  | — |  |  | — |  |  | 1,194.3 |  |  | — |  |  | 1,194.3 |
France |  | — |  |  | — |  |  | 1,097.6 |  |  | — |  |  | 1,097.6 |
United Kingdom and Ireland |  | — |  |  | — |  |  | 561.9 |  |  | — |  |  | 561.9 |
Finland and Scandinavia |  | — |  |  | — |  |  | 772.8 |  |  | — |  |  | 772.8 |
Other Europe |  | — |  |  | — |  |  | 1,629.0 |  |  | — |  |  | 1,629.0 |
South America |  | — |  |  | 789.7 |  |  | — |  |  | — |  |  | 789.7 |
Middle East and Algeria |  | — |  |  | — |  |  | 73.2 |  |  | — |  |  | 73.2 |
Africa |  | — |  |  | — |  |  | — |  |  | 116.2 |  |  | 116.2 |
Asia |  | — |  |  | — |  |  | — |  |  | 344.7 |  |  | 344.7 |
Australia and New Zealand |  | — |  |  | — |  |  | — |  |  | 257.7 |  |  | 257.7 |
Mexico, Central America and Caribbean |  | 102.4 |  |  | 12.5 |  |  | — |  |  | — |  |  | 114.9 |
|  | $ | 2,191.8 |  |  | $ | 802.2 |  |  | $ | 5,328.8 |  |  | $ | 718.6 |  |  | $ | 9,041.4 |
Major products: |  |  |  |  |  |  |  |  |  |
Tractors |  | $ | 662.4 |  |  | $ | 447.7 |  |  | $ | 3,772.0 |  |  | $ | 300.6 |  |  | $ | 5,182.7 |
Replacement parts |  | 310.2 |  |  | 88.2 |  |  | 874.8 |  |  | 74.6 |  |  | 1,347.8 |
Grain storage and protein production systems |  | 547.9 |  |  | 79.5 |  |  | 172.8 |  |  | 234.6 |  |  | 1,034.8 |
Combines, application equipment and other machinery |  | 671.3 |  |  | 186.8 |  |  | 509.2 |  |  | 108.8 |  |  | 1,476.1 |
|  | $ | 2,191.8 |  |  | $ | 802.2 |  |  | $ | 5,328.8 |  |  | $ | 718.6 |  |  | $ | 9,041.4 |

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