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Segment Reporting
 12 Months Ended
Dec. 31, 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 years ended December 31, 2022, 2021 and 2020 based on the Company’s reportable segments are as follows (in millions):
Years Ended December 31,North AmericaSouth AmericaEurope/Middle EastAsia/Pacific/AfricaConsolidated
2022
Net sales$3,175.1 $2,121.6 $6,447.3 $907.4 $12,651.4 
Income from operations278.8 373.9 784.1 116.9 1,553.7 
Depreciation60.5 29.4 104.7 14.9 209.5 
Assets1,790.3 1,259.8 2,475.6 650.5 6,176.2 
Capital expenditures119.6 54.4 207.4 6.9 388.3 
2021
Net sales$2,659.2 $1,307.7 $6,221.7 $949.7 $11,138.3 
Income from operations238.1 132.2 755.4 113.9 1,239.6 
Depreciation60.8 26.5 116.5 16.9 220.7 
Assets1,328.1 922.7 2,348.7 610.6 5,210.1 
Capital expenditures41.2 32.5 184.6 11.5 269.8 
2020
Net sales$2,175.0 $873.8 $5,366.9 $734.0 $9,149.7 
Income from operations193.7 29.3 585.3 62.1 870.4 
Depreciation61.3 25.8 110.5 14.9 212.5 
Assets1,051.9 687.6 2,238.7 536.2 4,514.4 
Capital expenditures42.2 18.8 201.8 7.1 269.9 
    A reconciliation from the segment information to the consolidated balances for income from operations and total assets is set forth below (in millions):
202220212020
Segment income from operations$1,553.7 $1,239.6 $870.4 
Corporate expenses(153.4)(135.2)(134.7)
Amortization of intangibles(60.1)(61.1)(59.5)
Stock compensation expense(32.7)(26.6)(36.8)
Impairment charges(36.0)— (20.0)
Restructuring expenses(6.1)(15.3)(19.7)
Consolidated income from operations$1,265.4 $1,001.4 $599.7 
Segment assets$6,176.2 $5,210.1 $4,514.4 
Cash and cash equivalents789.5 889.1 1,119.1 
Investments in affiliates436.9 413.5 442.7 
Deferred tax assets, other current and noncurrent assets1,025.9 996.4 665.9 
Intangible assets, net364.4 392.2 455.6 
Goodwill1,310.8 1,280.8 1,306.5 
Consolidated total assets$10,103.7 $9,182.1 $8,504.2 

    Property, plant and equipment, right-of-use lease assets and amortizable intangible assets by country as of December 31, 2022 and 2021 was as follows (in millions):
20222021
United States$571.0 $499.1 
Germany475.8 446.7 
Brazil206.0 144.9 
Finland192.6 189.5 
France125.8 133.2 
Italy102.7 112.7 
China77.5 91.6 
Denmark71.4 84.7 
Other211.9 222.0 
$2,034.7 $1,924.4