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Changes in Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2015
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, 2015 (in millions):
 
Common
Stock
 
Additional
Paid-in
Capital
 
Retained
Earnings
 
Accumulated
Other
Comprehensive
Loss
 
Noncontrolling
Interests
 
Total Stockholders’
Equity
Balance, December 31, 2014
$
0.9

 
$
582.5

 
$
3,771.6

 
$
(906.5
)
 
$
48.4

 
$
3,496.9

Stock compensation

 
2.4

 

 

 

 
2.4

Issuance of performance award stock

 
(5.5
)
 

 

 

 
(5.5
)
SSARs exercised

 
(0.3
)
 

 

 

 
(0.3
)
Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
 
 
Net income (loss)

 

 
30.1

 

 
(0.2
)
 
29.9

Other comprehensive loss, net of reclassification adjustments:
 
 
 
 
 
 
 
 
 
 
 
Foreign currency translation adjustments

 

 

 
(344.2
)
 
0.1

 
(344.1
)
Defined benefit pension plans, net of tax

 

 

 
2.2

 

 
2.2

Unrealized loss on derivatives, net of tax

 

 

 
(1.6
)
 

 
(1.6
)
Payment of dividends to stockholders

 

 
(10.7
)
 

 

 
(10.7
)
Purchases and retirement of common stock

 
(62.5
)
 

 

 

 
(62.5
)
Changes in noncontrolling interest

 

 

 

 
1.1

 
1.1

Balance, March 31, 2015
$
0.9

 
$
516.6

 
$
3,791.0

 
$
(1,250.1
)
 
$
49.4

 
$
3,107.8

Schedule of Comprehensive Income (Loss)
Total comprehensive loss attributable to noncontrolling interests for the three months ended March 31, 2015 and to noncontrolling interests and redeemable noncontrolling interest for the three months ended March 31, 2014 was as follows (in millions):
 
Three Months Ended March 31,
 
2015
 
2014
Net loss
$
(0.2
)
 
$
(0.4
)
Other comprehensive loss:
 
 
 
Foreign currency translation adjustments
0.1

 
(0.3
)
Total comprehensive loss
$
(0.1
)
 
$
(0.7
)
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, 2015 (in millions):
 
Defined Benefit Pension Plans
 
Deferred Net (Losses) Gains on Derivatives
 
Cumulative Translation Adjustment
 
Total
Accumulated other comprehensive loss, December 31, 2014
$
(253.3
)
 
$
(0.1
)
 
$
(653.1
)
 
$
(906.5
)
Other comprehensive loss before reclassifications

 
(1.9
)
 
(344.2
)
 
(346.1
)
Net losses reclassified from accumulated other comprehensive loss
2.2

 
0.3

 

 
2.5

Other comprehensive income (loss), net of reclassification adjustments
2.2

 
(1.6
)
 
(344.2
)
 
(343.6
)
Accumulated other comprehensive loss,
   March 31, 2015
$
(251.1
)
 
$
(1.7
)
 
$
(997.3
)
 
$
(1,250.1
)
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, 2015 (in millions):
 
 
Before-Tax
Amount
 
Income
Tax
 
After-Tax
Amount
Accumulated other comprehensive loss as of December 31, 2014
 
$
(341.5
)
 
$
(88.2
)
 
$
(253.3
)
Amortization of net actuarial loss
 
2.8

 
0.7

 
2.1

Amortization of prior service cost
 
0.1

 

 
0.1

Accumulated other comprehensive loss as of March 31, 2015
 
$
(338.6
)
 
$
(87.5
)
 
$
(251.1
)
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, 2015 and 2014 (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, 2015 (1)
 
Three months ended March 31, 2014 (1)
Net losses on cash flow hedges
 
$
0.3

 
$
0.1

Cost of goods sold
 
 

 

Income tax provision
Reclassification net of tax
 
$
0.3

 
$
0.1

 
 
 
 
 
 
 
Defined benefit pension plans:
 
 
 
 
 
Amortization of net actuarial loss
 
$
2.8

 
$
2.2

(2) 
Amortization of prior service cost
 
0.1

 
0.2

(2) 
Reclassification before tax
 
2.9

 
2.4

 
 
 
(0.7
)
 
(0.6
)
Income tax provision
Reclassification net of tax
 
$
2.2

 
$
1.8

 
 
 
 
 
 
 
Net losses reclassified from accumulated other comprehensive loss
 
$
2.5

 
$
1.9

 
____________________________________
(1) Losses included within the Condensed Consolidated Statements of Operations for the three months ended March 31, 2015 and 2014.
(2) These accumulated other comprehensive loss components are included in the computation of net periodic pension and postretirement benefit cost. See Note 13 to the Company’s Condensed Consolidated Financial Statements.