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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash, cash equivalents and restricted cash $ 463.5 $ 789.5
Accounts and notes receivable, net 1,706.4 1,221.3
Inventories, net 3,829.9 3,189.7
Other current assets 747.2 538.8
Total current assets 6,747.0 5,739.3
Property, plant and equipment, net 1,738.6 1,591.2
Right-of-use lease assets 170.8 163.9
Investments in affiliates 507.2 436.9
Deferred tax assets 260.3 228.5
Other assets 302.1 268.7
Intangible assets, net 341.0 364.4
Goodwill 1,327.0 1,310.8
Total assets 11,394.0 10,103.7
Current Liabilities:    
Current portion of long-term debt 191.1 187.1
Short-term borrowings 56.0 8.9
Accounts payable 1,391.1 1,385.3
Accrued expenses 2,445.4 2,271.3
Other current liabilities 218.9 235.4
Total current liabilities 4,302.5 4,088.0
Long-term debt, less current portion and debt issuance costs 2,014.2 1,264.8
Operating lease liabilities 130.8 125.4
Pension and postretirement health care benefits 161.2 158.0
Deferred tax liabilities 116.1 112.0
Other noncurrent liabilities 530.2 472.9
Total liabilities 7,255.0 6,221.1
Commitments and contingencies (Note 19)
AGCO Corporation stockholders’ equity:    
Preferred stock; $0.01 par value, 1,000,000 shares authorized, no shares issued or outstanding in 2023 and 2022 0.0 0.0
Common stock; $0.01 par value, 150,000,000 shares authorized, 74,876,364 and 74,600,815 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively 0.7 0.7
Additional paid-in capital 36.1 30.2
Retained earnings 5,786.8 5,654.6
Accumulated other comprehensive loss (1,684.8) (1,803.1)
Total AGCO Corporation stockholders’ equity 4,138.8 3,882.4
Noncontrolling interests 0.2 0.2
Total stockholders’ equity 4,139.0 3,882.6
Total liabilities and stockholders’ equity $ 11,394.0 $ 10,103.7