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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash, cash equivalents and restricted cash $ 655.7 $ 889.1
Accounts and notes receivable, net 1,108.2 991.5
Inventories, net 3,259.7 2,593.7
Other current assets 613.4 539.8
Total current assets 5,637.0 5,014.1
Property, plant and equipment, net 1,463.6 1,464.8
Right-of-use lease assets 163.9 154.1
Investments in affiliates 423.2 413.5
Deferred tax assets 186.4 169.3
Other assets 300.9 293.3
Intangible assets, net 396.8 392.2
Goodwill 1,304.7 1,280.8
Total assets 9,876.5 9,182.1
Current Liabilities:    
Current portion of long-term debt 2.1 2.1
Short-term borrowings 93.2 90.8
Accounts payable 1,276.4 1,078.3
Accrued expenses 1,844.0 2,062.2
Other current liabilities 219.5 221.2
Total current liabilities 3,435.2 3,454.6
Long-term debt, less current portion and debt issuance costs 1,899.4 1,411.2
Operating lease liabilities 125.8 115.5
Pension and postretirement health care benefits 208.7 209.0
Deferred tax liabilities 113.6 116.9
Other noncurrent liabilities 418.9 431.1
Total liabilities 6,201.6 5,738.3
Commitments and contingencies (Note 18)
AGCO Corporation stockholders’ equity:    
Preferred stock; $0.01 par value, 1,000,000 shares authorized, no shares issued or outstanding in 2022 and 2021 0.0 0.0
Common stock; $0.01 par value, 150,000,000 shares authorized, 74,542,772 and 74,441,312 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 0.7 0.7
Additional paid-in capital 2.9 3.9
Retained earnings 5,306.2 5,182.2
Accumulated other comprehensive loss (1,635.0) (1,770.9)
Total AGCO Corporation stockholders’ equity 3,674.8 3,415.9
Noncontrolling interests 0.1 27.9
Total stockholders’ equity 3,674.9 3,443.8
Total liabilities and stockholders’ equity $ 9,876.5 $ 9,182.1