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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash, cash equivalents and restricted cash $ 580.6 $ 889.1
Accounts and notes receivable, net 1,149.3 991.5
Inventories, net 3,382.3 2,593.7
Other current assets 592.1 539.8
Total current assets 5,704.3 5,014.1
Property, plant and equipment, net 1,405.6 1,464.8
Right-of-use lease assets 153.4 154.1
Investments in affiliates 417.0 413.5
Deferred tax assets 203.8 169.3
Other assets 317.8 293.3
Intangible assets, net 388.8 392.2
Goodwill 1,298.2 1,280.8
Total assets 9,888.9 9,182.1
Current Liabilities:    
Current portion of long-term debt 2.0 2.1
Short-term borrowings 320.8 90.8
Accounts payable 1,204.1 1,078.3
Accrued expenses 1,915.0 2,062.2
Other current liabilities 188.6 221.2
Total current liabilities 3,630.5 3,454.6
Long-term debt, less current portion and debt issuance costs 2,018.0 1,411.2
Operating lease liabilities 119.8 115.5
Pension and postretirement health care benefits 203.6 209.0
Deferred tax liabilities 114.2 116.9
Other noncurrent liabilities 419.5 431.1
Total liabilities 6,505.6 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, 74,597,462 and 74,441,312 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively 0.7 0.7
Additional paid-in capital 13.3 3.9
Retained earnings 5,130.3 5,182.2
Accumulated other comprehensive loss (1,761.1) (1,770.9)
Total AGCO Corporation stockholders’ equity 3,383.2 3,415.9
Noncontrolling interests 0.1 27.9
Total stockholders’ equity 3,383.3 3,443.8
Total liabilities and stockholders’ equity $ 9,888.9 $ 9,182.1