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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash, cash equivalents and restricted cash $ 537.0 $ 1,119.1
Accounts and notes receivable, net 1,056.6 856.0
Inventories, net 2,738.3 1,974.4
Other current assets 476.0 418.9
Total current assets 4,807.9 4,368.4
Property, plant and equipment, net 1,460.9 1,508.5
Right-of-use lease assets 152.2 165.1
Investment in affiliates 480.4 442.7
Deferred tax assets 129.1 77.6
Other assets 215.8 179.8
Intangible assets, net 406.3 455.6
Goodwill 1,289.3 1,306.5
Total assets 8,941.9 8,504.2
Current Liabilities:    
Current portion of long-term debt 224.8 325.9
Short-term borrowings 77.8 33.8
Accounts payable 1,092.4 855.1
Accrued expenses 1,944.2 1,916.7
Other current liabilities 210.0 231.3
Total current liabilities 3,549.2 3,362.8
Long-term debt, less current portion and debt issuance costs 1,319.1 1,256.7
Operating lease liabilities 113.1 125.9
Pension and postretirement health care benefits 216.7 253.4
Deferred tax liabilities 112.9 112.4
Other noncurrent liabilities 434.5 375.0
Total liabilities 5,745.5 5,486.2
Commitments and contingencies (Note 19)
AGCO Corporation stockholders’ equity:    
Preferred stock; $0.01 par value, 1,000,000 shares authorized, no shares issued or outstanding in 2021 and 2020 0.0 0.0
Common stock; $0.01 par value, 150,000,000 shares authorized, 74,834,173 and 74,962,231 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively 0.7 0.8
Additional paid-in capital 3.6 30.9
Retained earnings 4,969.0 4,759.1
Accumulated other comprehensive loss (1,804.5) (1,810.8)
Total AGCO Corporation stockholders’ equity 3,168.8 2,980.0
Noncontrolling interests 27.6 38.0
Total stockholders’ equity 3,196.4 3,018.0
Total liabilities and stockholders’ equity $ 8,941.9 $ 8,504.2