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Changes in Stockholders' Equity (Tables)
 3 Months Ended
Mar. 31, 2019
Stockholders' Equity Note [Abstract]  
Schedule of Stockholders Equity The following table sets forth changes in stockholders’ equity attributed to AGCO Corporation and its subsidiaries and to noncontrolling interests for the three months ended March 31, 2019 and 2018 (in millions):
 
Common
Stock
 
Additional
Paid-in
Capital
 
Retained
Earnings
 
Accumulated
Other
Comprehensive
Loss
 
Noncontrolling
Interests
 
Total Stockholders’
Equity
Balance, December 31, 2018
$
0.8

 
$
10.2

 
$
4,477.3

 
$
(1,555.4
)
 
$
60.6

 
$
2,993.5

Stock compensation
—

 
12.5

 
—

 
—

 
—

 
12.5

Issuance of stock awards
—

 
(13.0
)
 
(9.6
)
 
—

 
—

 
(22.6
)
SSARs exercised
—

 
—

 
(0.3
)
 
—

 
—

 
(0.3
)
Comprehensive income:
 
 
 
 
 
 
 
 
 
 
 
Net income
—

 
—

 
65.1

 
—

 
0.6

 
65.7

Other comprehensive income, net of reclassification adjustments:
 
 
 
 
 
 
 
 
 
 
 
Foreign currency translation adjustments
—

 
—

 
—

 
10.7

 
1.5

 
12.2

Defined benefit pension plans, net of tax
—

 
—

 
—

 
3.0

 
—

 
3.0

Unrealized loss on derivatives, net of tax
—

 
—

 
—

 
(4.1
)
 
—

 
(4.1
)
Payment of dividends to stockholders
—

 
—

 
(11.5
)
 
—

 
—

 
(11.5
)
Purchases and retirement of common stock
—

 
—

 
(30.0
)
 
—

 
—

 
(30.0
)
Investment by noncontrolling interests
—

 
—

 
—

 
—

 
0.6

 
0.6

Balance, March 31, 2019
$
0.8

 
$
9.7

 
$
4,491.0

 
$
(1,545.8
)
 
$
63.3

 
$
3,019.0
Schedule of Comprehensive Income (Loss) Total comprehensive income attributable to noncontrolling interests for the three months ended March 31, 2019 and 2018 was as follows (in millions):
 
Three Months Ended March 31,
 
2019
 
2018
Net income
$
0.6

 
$
0.7

Other comprehensive income:
 
 
 
Foreign currency translation adjustments
1.5

 
0.1

Total comprehensive income
$
2.1

 
$
0.8
Summary of Accumulated Other Comprehensive (Loss) Income The following table sets forth changes in accumulated other comprehensive loss by component, net of tax, attributed to AGCO Corporation and its subsidiaries for the three months ended March 31, 2019 (in millions):
 
Defined Benefit Pension Plans
 
Deferred Net Gains (Losses) on Derivatives
 
Cumulative Translation Adjustment
 
Total
Accumulated other comprehensive loss, December 31, 2018
$
(282.4
)
 
$
1.4

 
$
(1,274.4
)
 
$
(1,555.4
)
Other comprehensive (loss) income before reclassifications
—

 
(4.7
)
 
10.7

 
6.0

Net losses reclassified from accumulated other comprehensive loss
3.0

 
0.6

 
—

 
3.6

Other comprehensive income (loss), net of reclassification adjustments
3.0

 
(4.1
)
 
10.7

 
9.6

Accumulated other comprehensive loss, March 31, 2019
$
(279.4
)
 
$
(2.7
)
 
$
(1,263.7
)
 
$
(1,545.8
)
The following table summarizes the activity in accumulated other comprehensive loss related to the Company’s defined pension and postretirement benefit plans during the three months ended March 31, 2019 (in millions):
 
 
Before-Tax Amount
 
Income Tax
 
After-Tax Amount
Accumulated other comprehensive loss as of December 31, 2018
 
$
(379.8
)
 
$
(97.4
)
 
$
(282.4
)
Amortization of net actuarial losses
 
3.1

 
0.5

 
2.6

Amortization of prior service cost
 
0.4

 
—

 
0.4

Accumulated other comprehensive loss as of March 31, 2019
 
$
(376.3
)
 
$
(96.9
)
 
$
(279.4
)
Reclassification Out of Accumulated Other Comprehensive Loss The following table sets forth reclassification adjustments out of accumulated other comprehensive loss by component attributed to AGCO Corporation and its subsidiaries for the three months ended March 31, 2019 and 2018 (in millions):
 
 
Amount Reclassified from Accumulated Other Comprehensive Loss
Affected Line Item within the Condensed Consolidated
Statements of Operations
Details about Accumulated Other Comprehensive Loss Components
 
Three Months Ended March 31, 2019(1)
 
Three Months Ended March 31, 2018(1)
Derivatives:
 
 
 
 
 
    Net losses on foreign currency contracts
 
$
0.6

 
$
0.6

Cost of goods sold
    Net losses on interest rate swap contract
 
—

 
0.6

Interest expense, net
Reclassification before tax
 
0.6

 
1.2

 
 
 
—

 
—

Income tax provision
Reclassification net of tax
 
$
0.6

 
$
1.2

 
 
 
 
 
 
 
Defined benefit pension plans:
 
 
 
 
 
Amortization of net actuarial losses
 
$
3.1

 
$
3.1

Other expense, net(2)
Amortization of prior service cost
 
0.4

 
0.4

Other expense, net(2)
Reclassification before tax
 
3.5

 
3.5

 
 
 
(0.5
)
 
(0.4
)
Income tax provision
Reclassification net of tax
 
$
3.0

 
$
3.1

 
 
 
 
 
 
 
Net losses reclassified from accumulated other comprehensive loss
 
$
3.6

 
$
4.3

 
(1) Losses included within the Condensed Consolidated Statements of Operations for the three months ended March 31, 2019 and 2018.
(2) These accumulated other comprehensive loss components are included in the computation of net periodic pension and postretirement benefit cost. See Note 14 to the Company’s Condensed Consolidated Financial Statements.