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Revenue
 12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Revenue REVENUE
Contract Liabilities

    Contract liabilities relate to the following: (1) unrecognized revenues where payment of consideration precedes the Company’s performance with respect to extended warranty and maintenance contracts and where the performance obligation is satisfied over time, (2) unrecognized revenues where payment of consideration precedes the Company’s performance with respect to certain grain storage and protein production systems and where the performance obligation is satisfied over time and (3) unrecognized revenues where payment of consideration precedes the Company’s performance with respect to precision technology services and where the performance obligation is satisfied over time.

    Significant changes in the balance of contract liabilities for the years ended December 31, 2023 and 2022 were as follows (in millions):
Year Ended December 31, 2023Year Ended December 31, 2022
Balance at beginning of period$239.0 $226.2 
Advance consideration received228.8 193.8 
Revenue recognized during the period for extended warranty contracts, maintenance services and technology services(110.6)(82.0)
Revenue recognized during the period related to grain storage and protein production systems(53.7)(85.2)
Foreign currency translation7.2 (13.8)
Balance as of December 31$310.7 $239.0 

    The contract liabilities are classified as either "Accrued Expenses" or “Other current liabilities” and “Other noncurrent liabilities” in the Company’s Consolidated Balance Sheets. In 2023, the Company recognized approximately $132.2 million of revenue that was recorded as a contract liability at the beginning of 2023. In 2022, the Company recognized approximately $115.6 million of revenue that was recorded as a contract liability at the beginning of 2022.

Remaining Performance Obligations

    The estimated revenues expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of December 31, 2023 are $113.5 million in 2024, $91.6 million in 2025, $53.1 million in 2026, $26.4 million in 2027 and $9.4 million thereafter, and relate primarily to extended warranty contracts. The Company applied the practical expedient in ASU 2014-09 and has not disclosed information about remaining performance obligations that have original expected durations of 12 months or less.
Disaggregated Revenue

    Net sales for the year ended December 31, 2023 disaggregated by primary geographical markets and major products consisted of the following (in millions):
North
America
South
America
Europe/
Middle East		Asia/
Pacific/Africa
Consolidated
Primary geographical markets:
United States$2,961.5 $— $— $— $2,961.5 
Canada637.9 — — — 637.9 
Germany— — 1,749.5 — 1,749.5 
France— — 1,494.3 — 1,494.3 
United Kingdom and Ireland— — 703.1 — 703.1 
Finland and Scandinavia— — 837.3 — 837.3 
Italy— — 457.1 — 457.1 
Other Europe— — 1,871.5 — 1,871.5 
Brazil— 1,860.3 — — 1,860.3 
Other South America— 358.1 — — 358.1 
Middle East and Algeria— — 427.7 — 427.7 
Africa— — — 144.3 144.3 
Asia— — — 362.7 362.7 
Australia and New Zealand— — — 378.0 378.0 
Mexico, Central America and Caribbean153.3 15.8 — — 169.1 
$3,752.7 $2,234.2 $7,540.5 $885.0 $14,412.4 
Major products:
Tractors$1,402.3 $1,288.4 $5,532.9 $487.4 $8,711.0 
Replacement parts421.0 167.5 1,124.7 102.8 1,816.0 
Grain storage and protein production systems614.5 155.9 155.3 136.9 1,062.6 
Combines, application equipment and other machinery1,314.9 622.4 727.6 157.9 2,822.8 
$3,752.7 $2,234.2 $7,540.5 $885.0 $14,412.4 
    Net sales for the year ended December 31, 2022 disaggregated by primary geographical markets and major products consisted of the following (in millions):
North
America
South
America(1)
Europe/
Middle East		Asia/
Pacific/Africa
Consolidated(1)
Primary geographical markets:
United States$2,546.9 $— $— $— $2,546.9 
Canada490.2 — — — 490.2 
Germany— — 1,394.9 — 1,394.9 
France— — 1,220.1 — 1,220.1 
United Kingdom and Ireland— — 664.1 — 664.1 
Finland and Scandinavia— — 838.8 — 838.8 
Italy— — 421.7 — 421.7 
Other Europe— — 1,691.5 — 1,691.5 
Brazil— 1,748.8 — — 1,748.8 
Other South America— 358.0 — — 358.0 
Middle East and Algeria— — 216.2 — 216.2 
Africa— — — 157.0 157.0 
Asia— — — 384.2 384.2 
Australia and New Zealand— — — 366.2 366.2 
Mexico, Central America and Caribbean138.0 14.9 — — 152.9 
$3,175.1 $2,121.6 $6,447.3 $907.4 $12,651.4 
Major products:
Tractors$1,191.1 $1,147.2 $4,607.2 $478.6 $7,424.1 
Replacement parts405.6 154.5 1,021.5 105.6 1,687.2 
Grain storage and protein production systems585.9 188.3 172.3 155.4 1,101.9 
Combines, application equipment and other machinery992.5 631.7 646.3 167.8 2,438.3 
$3,175.1 $2,121.6 $6,447.3 $907.4 $12,651.4 
___________________________________
(1) Rounding may impact the summation of amounts.
    Net sales for the year ended December 31, 2021 disaggregated by primary geographical markets and major products consisted of the following (in millions):
North
America
South
America		Europe/
Middle East		Asia/
Pacific/Africa		Consolidated
Primary geographical markets:
United States$2,116.2 $— $— $— $2,116.2 
Canada436.7 — — — 436.7 
Germany— — 1,332.0 — 1,332.0 
France— — 1,129.1 — 1,129.1 
United Kingdom and Ireland— — 635.3 — 635.3 
Finland and Scandinavia— — 836.3 — 836.3 
Italy— — 451.6 — 451.6 
Other Europe— — 1,653.0 — 1,653.0 
Brazil— 1,017.8 — — 1,017.8 
Other South America— 277.0 — — 277.0 
Middle East and Algeria— — 184.4 — 184.4 
Africa— — — 152.3 152.3 
Asia— — — 436.5 436.5 
Australia and New Zealand— — — 360.9 360.9 
Mexico, Central America and Caribbean106.3 12.9 — — 119.2 
$2,659.2 $1,307.7 $6,221.7 $949.7 $11,138.3 
Major products:
Tractors$940.4 $664.6 $4,338.2 $443.7 $6,386.9 
Replacement parts379.1 131.8 1,070.5 106.5 1,687.9 
Grain storage and protein production systems534.9 140.1 174.0 227.1 1,076.1 
Combines, application equipment and other machinery804.8 371.2 639.0 172.4 1,987.4 
$2,659.2 $1,307.7 $6,221.7 $949.7 $11,138.3