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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Statement of Comprehensive Income [Abstract]      
Net income $ 901.5 $ 419.8 $ 122.8
Defined benefit pension plans, net of taxes:      
Prior service credit (cost) arising during the year 10.0 0.3 (4.7)
Net loss recognized due to settlement 0.1 0.3 0.6
Net loss recognized due to curtailment 6.3 0.0 0.0
Net actuarial gain (loss) arising during the year 53.6 (32.7) (23.3)
Amortization of prior service cost included in net periodic pension cost 0.6 2.1 1.6
Amortization of net actuarial losses included in net periodic pension cost 12.3 13.1 11.8
Derivative adjustments:      
Net changes in fair value of derivatives 5.1 5.1 (2.6)
Net gains reclassified from accumulated other comprehensive loss into income (3.0) (6.3) (0.1)
Foreign currency translation adjustments (45.5) (201.8) (20.6)
Other comprehensive gain (loss), net of reclassification adjustments 39.5 (219.9) (37.3)
Comprehensive income 941.0 199.9 85.5
Comprehensive (income) loss attributable to noncontrolling interests (4.1) 11.6 (0.1)
Comprehensive income attributable to AGCO Corporation and subsidiaries $ 936.9 $ 211.5 $ 85.4