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Segment Reporting
 3 Months Ended
Mar. 31, 2023
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 months ended March 31, 2023 and 2022 and assets as of March 31, 2023 and December 31, 2022 based on the Company’s reportable segments are as follows (in millions):
Three Months Ended March 31,North AmericaSouth AmericaEurope/Middle EastAsia/Pacific/AfricaConsolidated
2023
Net sales$923.1 $503.8 $1,703.8 $202.8 $3,333.5 
Income from operations102.1 99.5 239.4 18.1 459.1 
Depreciation14.9 7.8 26.8 4.1 53.6 
Capital expenditures37.3 20.3 67.0 0.7 125.3 
2022
Net sales$701.0 $356.4 $1,403.1 $225.2 $2,685.7 
Income from operations54.8 46.1 162.3 34.0 297.2 
Depreciation15.2 7.0 28.2 4.3 54.7 
Capital expenditures15.7 10.0 39.2 1.4 66.3 
Assets
As of March 31, 2023$1,957.8 $1,386.8 $2,898.0 $771.7 $7,014.3 
As of December 31, 20221,790.3 1,259.8 2,475.6 650.5 6,176.2 

    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 March 31,
20232022
Segment income from operations$459.1 $297.2 
Impairment charges— (36.0)
Corporate expenses(42.1)(32.2)
Amortization of intangibles(14.8)(15.3)
Stock compensation expense(13.5)(6.7)
Restructuring expenses(1.4)(3.0)
Consolidated income from operations$387.3 $204.0 

March 31, 2023December 31, 2022
Segment assets$7,014.3 $6,176.2 
Cash, cash equivalents and restricted cash558.7 789.5 
Investments in affiliates456.5 436.9 
Deferred tax assets, other current and noncurrent assets1,105.6 1,025.9 
Intangible assets, net354.0 364.4 
Goodwill1,322.5 1,310.8 
Consolidated total assets$10,811.6 $10,103.7