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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Statement of Comprehensive Income [Abstract]      
Net income $ 874.7 $ 901.5 $ 419.8
Defined benefit pension plans, net of taxes:      
Prior service (cost) credit arising during the year (19.1) 10.0 0.3
Net (gain) loss recognized due to settlement (0.4) 0.1 0.3
Net loss recognized due to curtailment 0.0 6.3 0.0
Net actuarial gain (loss) arising during the year 12.3 53.6 (32.7)
Amortization of prior service cost included in net periodic pension cost 0.0 0.6 2.1
Amortization of net actuarial losses included in net periodic pension cost 6.4 12.3 13.1
Derivative adjustments:      
Net changes in fair value of derivatives (14.6) 5.1 5.1
Net losses (gains) reclassified from accumulated other comprehensive loss into income 14.1 (3.0) (6.3)
Foreign currency translation adjustments (30.0) (45.5) (201.8)
Other comprehensive (loss) gain, net of reclassification adjustments (31.3) 39.5 (219.9)
Comprehensive income 843.4 941.0 199.9
Comprehensive loss (income) attributable to noncontrolling interests 14.0 (4.1) 11.6
Comprehensive income attributable to AGCO Corporation and subsidiaries $ 857.4 $ 936.9 $ 211.5