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Related Party Transactions (Details) - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021
Finance joint ventures |  |  |
Related Party Transaction [Line Items] |  |  |
Dividends from related parties | $ 28.9 | $ 27.0 | $ 84.4
Finance joint ventures | Related Party |  |  |
Related Party Transaction [Line Items] |  |  |
Payments to acquire interest in joint venture | 24.6 | 0.0 | 0.0
TAFE |  |  |
Related Party Transaction [Line Items] |  |  |
Dividends from related parties | 2.9 | 2.1 | 2.0
Purchases from related party | 171.6 | 148.7 | 137.6
TAFE | Sale of Parts |  |  |
Related Party Transaction [Line Items] |  |  |
Sales to related party | $ 3.6 | $ 1.2 | $ 1.4
Rabobank | Finance joint ventures |  |  |
Related Party Transaction [Line Items] |  |  |
Percentage of noncontrolling interest owned by parent | 51.00% |  |
TAFE | AGCO Corporation |  |  |
Related Party Transaction [Line Items] |  |  |
Beneficial ownership of related parties (in shares) | 12,150,152 |  |
Beneficial ownership of related parties, maximum shares allowed per letter agreement (in shares) | 12,150,152 |  |

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