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Net Income Per Common Share (Tables) | 12 Months Ended
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Dec. 31, 2023
Earnings Per Share [Abstract] |
Calculation of Basic and Diluted Earnings Per Share | A reconciliation of net income attributable to AGCO Corporation and subsidiaries and weighted average common shares outstanding for purposes of calculating basic and diluted net income per share for the years ended December 31, 2023, 2022 and 2021 is as follows (in millions, except per share data):
| 2023 |  | 2022 |  | 2021
Basic net income per share: |  |  |  |  |
Net income attributable to AGCO Corporation and subsidiaries | $ | 1,171.4 |  |  | $ | 889.6 |  |  | $ | 897.0 |
Weighted average number of common shares outstanding | 74.8 |  |  | 74.6 |  |  | 75.2 |
Basic net income per share attributable to AGCO Corporation and subsidiaries | $ | 15.66 |  |  | $ | 11.92 |  |  | $ | 11.93 |
Diluted net income per share: |  |  |  |  |
Net income attributable to AGCO Corporation and subsidiaries | $ | 1,171.4 |  |  | $ | 889.6 |  |  | $ | 897.0 |
Weighted average number of common shares outstanding | 74.8 |  |  | 74.6 |  |  | 75.2 |
Dilutive SSARs, performance share awards and RSUs | 0.1 |  |  | 0.3 |  |  | 0.5 |
Weighted average number of common shares and common share equivalents outstanding for purposes of computing diluted net income per share | 74.9 |  |  | 74.9 |  |  | 75.7 |
Diluted net income per share attributable to AGCO Corporation and subsidiaries | $ | 15.63 |  |  | $ | 11.87 |  |  | $ | 11.85 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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