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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
Net sales $ 1,995.6 $ 2,069.3 $ 3,554.9 $ 3,771.9
Cost of goods sold 1,568.6 1,619.7 2,813.2 2,974.4
Gross profit 427.0 449.6 741.7 797.5
Selling, general and administrative expenses 217.8 213.1 429.0 424.3
Engineering expenses 77.1 71.7 148.3 140.5
Restructuring expenses 2.1 4.0 4.0 14.6
Amortization of intangibles 11.4 10.9 22.4 21.4
Income from operations 118.6 149.9 138.0 196.7
Interest expense, net 11.9 11.3 22.4 21.5
Other expense, net 16.0 9.5 27.3 19.3
Income before income taxes and equity in net earnings of affiliates 90.7 129.1 88.3 155.9
Income tax provision 54.8 37.9 54.4 48.5
Income before equity in net earnings of affiliates 35.9 91.2 33.9 107.4
Equity in net earnings of affiliates 13.5 14.4 25.7 28.1
Net income 49.4 105.6 59.6 135.5
Net loss attributable to noncontrolling interests 0.9 1.5 (1.5) 1.7
Net income attributable to AGCO Corporation and subsidiaries $ 50.3 $ 107.1 $ 58.1 $ 137.2
Net income per common share attributable to AGCO Corporation and subsidiaries:        
Basic, in dollars per share $ 0.61 $ 1.22 $ 0.70 $ 1.55
Diluted, in dollars per share 0.61 1.22 0.70 1.55
Cash dividends declared and paid per common share, in dollars per share $ 0.13 $ 0.12 $ 0.26 $ 0.24
Weighted average number of common and common equivalent shares outstanding:        
Basic, shares 82.0 87.6 82.5 88.2
Diluted, shares 82.1 87.7 82.6 88.3