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Commitments and Contingencies (Narrative) (Details) - USD ($) $ in Millions | Jun. 30, 2024 | Dec. 31, 2023
--- | --- | ---
Foreign currency contracts |  |
Guarantor Obligations [Line Items] |  |
Notional amount | $ 3,032.1 |
Foreign currency contracts | Cash Flow Hedging | Designated as Hedging Instrument |  |
Guarantor Obligations [Line Items] |  |
Notional amount | 386.6 | $ 262.2
Commodity contracts | Cash Flow Hedging | Designated as Hedging Instrument |  |
Guarantor Obligations [Line Items] |  |
Notional amount | 0.1 | $ 2.5
AGCO Capital |  |
Guarantor Obligations [Line Items] |  |
Guarantor obligations, current carrying value | 54.1 |
US and Canada Finance Joint Ventures |  |
Guarantor Obligations [Line Items] |  |
Guarantor obligations, current carrying value | 12.6 |
Guarantor obligation maximum exposure | $ 185.1 |

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