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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 511.0 $ 432.8
Accounts and notes receivable, net 990.1 800.5
Inventories, net 2,057.1 2,078.7
Other current assets 386.5 417.1
Total current assets 3,944.7 3,729.1
Property, plant and equipment, net 1,413.7 1,416.3
Right-of-use lease assets 178.9 187.3
Investment in affiliates 411.3 380.2
Deferred tax assets 69.7 93.8
Other assets 186.5 153.0
Intangible assets, net 462.2 501.7
Goodwill 1,273.3 1,298.3
Total assets 7,940.3 7,759.7
Current Liabilities:    
Current portion of long-term debt 86.2 2.9
Short-term borrowings 47.7 150.5
Accounts payable 819.9 914.8
Accrued expenses 1,691.9 1,654.2
Other current liabilities 211.8 162.1
Total current liabilities 2,857.5 2,884.5
Long-term debt, less current portion and debt issuance costs 1,429.3 1,191.8
Operating lease liabilities 139.1 148.6
Pension and postretirement health care benefits 224.6 232.1
Deferred tax liabilities 106.6 107.0
Other noncurrent liabilities 333.3 288.7
Total liabilities 5,090.4 4,852.7
Commitments and contingencies (Note 18)
AGCO Corporation stockholders’ equity:    
Preferred stock; $0.01 par value, 1,000,000 shares authorized, no shares issued or outstanding in 2020 and 2019 0.0 0.0
Common stock; $0.01 par value, 150,000,000 shares authorized, 74,899,318 and 75,471,562 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 0.8 0.8
Additional paid-in capital 24.2 4.7
Retained earnings 4,635.7 4,443.5
Accumulated other comprehensive loss (1,851.0) (1,595.2)
Total AGCO Corporation stockholders’ equity 2,809.7 2,853.8
Noncontrolling interests 40.2 53.2
Total stockholders’ equity 2,849.9 2,907.0
Total liabilities and stockholders’ equity $ 7,940.3 $ 7,759.7