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Segment Reporting
 9 Months Ended
Sep. 30, 2022
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 nine months ended September 30, 2022 and 2021 and assets as of September 30, 2022 and December 31, 2021 based on the Company’s reportable segments are as follows (in millions):
Three Months Ended September 30,North AmericaSouth AmericaEurope/Middle EastAsia/Pacific/AfricaConsolidated
2022
Net sales$910.5 $571.2 $1,390.1 $249.8 $3,121.6 
Income from operations112.7 107.5 142.1 33.0 395.3 
Depreciation15.4 7.1 24.5 3.6 50.6 
Capital expenditures57.8 15.7 51.4 6.4 131.3 
2021
Net sales$638.7 $383.3 $1,462.4 $240.7 $2,725.1 
Income from operations35.8 44.4 192.3 28.6 301.1 
Depreciation14.8 6.7 28.6 4.2 54.3 
Capital expenditures10.5 8.9 55.6 3.1 78.1 
Nine Months Ended September 30,North AmericaSouth AmericaEurope/Middle EastAsia/Pacific/AfricaConsolidated
2022
Net sales$2,351.4 $1,446.8 $4,260.8 $693.5 $8,752.5 
Income from operations218.2 239.1 465.6 97.7 1,020.6 
Depreciation45.6 21.7 78.0 11.8 157.1 
Capital expenditures88.7 36.9 133.1 11.8 270.5 
2021
Net sales$1,984.5 $902.1 $4,424.8 $671.7 $7,983.1 
Income from operations214.4 83.7 538.1 76.2 912.4 
Depreciation45.6 20.0 86.6 12.0 164.2 
Capital expenditures31.6 20.5 139.4 7.2 198.7 
Assets
As of September 30, 2022$1,742.8 $1,197.8 $2,507.7 $624.5 $6,072.8 
As of December 31, 20211,328.1 922.7 2,348.7 610.6 5,210.1 
    
    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 September 30,Nine Months Ended September 30,
2022202120222021
Segment income from operations$395.3 $301.1 $1,020.6 $912.4 
Impairment charges— — (36.0)— 
Corporate expenses(40.1)(27.9)(110.8)(101.3)
Amortization of intangibles(14.7)(14.1)(45.4)(45.8)
Stock compensation expense(7.4)(5.8)(24.4)(20.5)
Restructuring expenses(1.0)(1.4)(4.4)(7.4)
Consolidated income from operations$332.1 $251.9 $799.6 $737.4 
September 30, 2022December 31, 2021
Segment assets$6,072.8 $5,210.1 
Cash, cash equivalents and restricted cash607.0 889.1 
Investments in affiliates416.5 413.5 
Deferred tax assets, other current and noncurrent assets1,090.7 996.4 
Intangible assets, net367.6 392.2 
Goodwill1,263.5 1,280.8 
Consolidated total assets$9,818.1 $9,182.1