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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Net sales $ 2,214.7 $ 1,986.3 $ 6,759.8 $ 5,779.1
Cost of goods sold 1,741.0 1,557.7 5,301.8 4,544.8
Gross profit 473.7 428.6 1,458.0 1,234.3
Selling, general and administrative expenses 260.5 233.2 796.9 690.5
Engineering expenses 83.3 80.1 267.2 230.0
Restructuring expenses 1.5 3.0 10.1 8.5
Amortization of intangibles 15.3 14.3 49.2 41.5
Bad debt expense 1.8 0.9 4.7 2.7
Income from operations 111.3 97.1 329.9 261.1
Interest expense, net 7.0 11.6 38.5 33.6
Other expense, net 19.1 18.5 57.8 49.2
Income before income taxes and equity in net earnings of affiliates 85.2 67.0 233.6 178.3
Income tax provision 23.9 16.9 73.8 64.9
Income before equity in net earnings of affiliates 61.3 50.1 159.8 113.4
Equity in net earnings of affiliates 9.4 10.7 26.3 30.8
Net income 70.7 60.8 186.1 144.2
Net loss (income) attributable to noncontrolling interests 0.4 (0.1) 0.7 (2.1)
Net income attributable to AGCO Corporation and subsidiaries $ 71.1 $ 60.7 $ 186.8 $ 142.1
Net income per common share attributable to AGCO Corporation and subsidiaries:        
Basic, in dollars per share $ 0.90 $ 0.76 $ 2.36 $ 1.79
Diluted, in dollars per share 0.89 0.76 2.33 1.77
Cash dividends declared and paid per common share, in dollars per share $ 0.15 $ 0.14 $ 0.45 $ 0.42
Weighted average number of common and common equivalent shares outstanding:        
Basic, shares 78.7 79.5 79.2 79.5
Diluted, shares 79.7 80.2 80.1 80.1