XML 66 R55.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Goodwill and Other Intangible Assets (Schedule of Change in Carrying Amount of Intangible Assets) (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023
Gross carrying amounts: |  |  |  |
Balance at beginning of period |  |  | $ 929.5 |
Acquisitions |  |  | 545.0 |
Reclassified to held for sale |  |  | (598.0) |
Foreign currency translation |  |  | (21.8) |
Balance at end of period | $ 854.7 |  | 854.7 |
Accumulated amortization: |  |  |  |
Balance at beginning of period |  |  | 712.9 |
Amortization expense | 31.7 | $ 14.1 | 45.6 | $ 28.9
Reclassified to held for sale |  |  | (490.2) |
Foreign currency translation |  |  | (17.8) |
Balance at end of period | 250.5 |  | 250.5 |
Trademarks and Trade Names |  |  |  |
Gross carrying amounts: |  |  |  |
Balance at beginning of period |  |  | 194.3 |
Acquisitions |  |  | 10.7 |
Reclassified to held for sale |  |  | (122.0) |
Foreign currency translation |  |  | (3.5) |
Balance at end of period | 79.5 |  | 79.5 |
Accumulated amortization: |  |  |  |
Balance at beginning of period |  |  | 114.5 |
Amortization expense |  |  | 5.5 |
Reclassified to held for sale |  |  | (73.9) |
Foreign currency translation |  |  | (2.2) |
Balance at end of period | 43.9 |  | 43.9 |
Customer Relationships |  |  |  |
Gross carrying amounts: |  |  |  |
Balance at beginning of period |  |  | 580.7 |
Acquisitions |  |  | 39.4 |
Reclassified to held for sale |  |  | (417.3) |
Foreign currency translation |  |  | (11.6) |
Balance at end of period | 191.2 |  | 191.2 |
Accumulated amortization: |  |  |  |
Balance at beginning of period |  |  | 483.4 |
Amortization expense |  |  | 31.6 |
Reclassified to held for sale |  |  | (367.4) |
Foreign currency translation |  |  | (23.1) |
Balance at end of period | 124.5 |  | 124.5 |
Patents and Technology |  |  |  |
Gross carrying amounts: |  |  |  |
Balance at beginning of period |  |  | 148.2 |
Acquisitions |  |  | 453.0 |
Reclassified to held for sale |  |  | (58.7) |
Foreign currency translation |  |  | (6.6) |
Balance at end of period | 535.9 |  | 535.9 |
Accumulated amortization: |  |  |  |
Balance at beginning of period |  |  | 113.3 |
Amortization expense |  |  | 5.0 |
Reclassified to held for sale |  |  | (48.9) |
Foreign currency translation |  |  | 7.6 |
Balance at end of period | 77.0 |  | 77.0 |
Other |  |  |  |
Gross carrying amounts: |  |  |  |
Balance at beginning of period |  |  | 6.3 |
Acquisitions |  |  | 41.9 |
Reclassified to held for sale |  |  | 0.0 |
Foreign currency translation |  |  | (0.1) |
Balance at end of period | 48.1 |  | 48.1 |
Accumulated amortization: |  |  |  |
Balance at beginning of period |  |  | 1.7 |
Amortization expense |  |  | 3.5 |
Reclassified to held for sale |  |  | 0.0 |
Foreign currency translation |  |  | (0.1) |
Balance at end of period | $ 5.1 |  | $ 5.1 |

X
- Definition Accumulated Amortization [Roll Forward] + References No definition available. + Details
Name: | agco_AccumulatedAmortizationRollForward
Namespace Prefix: | agco_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Finite Lived Intangible Assets, Accumulated Amortization, Foreign Currency Translation Gain (Loss) + References No definition available. + Details
Name: | agco_FiniteLivedIntangibleAssetsAccumulatedAmortizationForeignCurrencyTranslationGainLoss
Namespace Prefix: | agco_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Finite-Lived Intangible Assets, Accumulated Amortization, Reclassification To Held-For-Sale + References No definition available. + Details
Name: | agco_FiniteLivedIntangibleAssetsAccumulatedAmortizationReclassificationToHeldForSale
Namespace Prefix: | agco_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Finite-Lived Intangible Assets, Gross, Reclassification To Held-For-Sale + References No definition available. + Details
Name: | agco_FiniteLivedIntangibleAssetsGrossReclassificationToHeldForSale
Namespace Prefix: | agco_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (b) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-28 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482686/350-30-45-2 + Details
Name: | us-gaap_AmortizationOfIntangibleAssets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 10 -Name Accounting Standards Codification -Section S45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480265/350-10-S45-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(16)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of foreign currency translation gain (loss) which increases (decreases) assets, excluding financial assets and goodwill, lacking physical substance with a finite life. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount before amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 10 -Name Accounting Standards Codification -Section S45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480265/350-10-S45-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 928 -SubTopic 340 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478859/928-340-50-1 + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsGross
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of increase in assets, excluding financial assets, lacking physical substance with a definite life, from an acquisition. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-1 + Details
Name: | us-gaap_FinitelivedIntangibleAssetsAcquired1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis=us-gaap_TrademarksAndTradeNamesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis=us-gaap_CustomerRelationshipsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis=agco_TechnologyAndPatentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis=us-gaap_OtherIntangibleAssetsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |