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Net Income (Loss) Per Common Share | 6 Months Ended
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Jun. 30, 2024
Earnings Per Share [Abstract] |
Net Income (Loss) Per Common Share | NET INCOME (LOSS) PER COMMON SHARE Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of common shares outstanding during each period. Diluted net income (loss) per common share assumes the exercise of outstanding stock-settled stock appreciation rights ("SSARs") and the vesting of restricted stock unit awards ("RSUs") using the treasury stock method when there is no other circumstance other than the passage of time under which they would not be issued, and the effects of such assumptions are dilutive. 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 (loss) per share for the three and six months ended June 30, 2024 and 2023 is as follows (in millions, except per share data):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Basic net income (loss) per share: |  |  |  |  |  |  |
Net income (loss) attributable to AGCO Corporation and subsidiaries | $ | (367.1) |  |  | $ | 319.2 |  |  | $ | (199.1) |  |  | $ | 551.8 |
Weighted average number of common shares outstanding | 74.6 |  |  | 74.9 |  |  | 74.6 |  |  | 74.9 |
Basic net income (loss) per share attributable to AGCO Corporation and subsidiaries | $ | (4.92) |  |  | $ | 4.26 |  |  | $ | (2.67) |  |  | $ | 7.37 |
Diluted net income (loss) per share: |  |  |  |  |  |  |
Net income (loss) attributable to AGCO Corporation and subsidiaries | $ | (367.1) |  |  | $ | 319.2 |  |  | $ | (199.1) |  |  | $ | 551.8 |
Weighted average number of common shares outstanding | 74.6 |  |  | 74.9 |  |  | 74.6 |  |  | 74.9 |
Dilutive SSARs and RSUs | 0.1 |  |  | 0.1 |  |  | 0.1 |  |  | 0.1 |
Weighted average number of common shares and common share equivalents outstanding for purposes of computing diluted net income per share | 74.7 |  |  | 75.0 |  |  | 74.7 |  |  | 75.0 |
Diluted net income (loss) per share attributable to AGCO Corporation and subsidiaries | $ | (4.92) |  |  | $ | 4.26 |  |  | $ | (2.67) |  |  | $ | 7.36 |

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