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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 279.9 $ 326.1
Accounts and notes receivable, net 1,010.7 880.3
Inventories, net 2,424.8 1,908.7
Other current assets 446.2 422.3
Total current assets 4,161.6 3,537.4
Property, plant and equipment, net 1,377.8 1,373.1
Right-of-use lease assets 203.3 0.0
Investment in affiliates 404.7 400.0
Deferred tax assets 97.5 104.9
Other assets 134.6 142.4
Intangible assets, net 541.6 573.1
Goodwill 1,494.0 1,495.5
Total assets 8,415.1 7,626.4
Current Liabilities:    
Current portion of long-term debt 70.2 72.6
Short-term borrowings 238.7 138.0
Senior term loan 227.7 0.0
Accounts payable 931.4 865.9
Accrued expenses 1,557.2 1,522.4
Other current liabilities 203.7 167.8
Total current liabilities 3,228.9 2,766.7
Long-term debt, less current portion and debt issuance costs 1,308.1 1,275.3
Operating lease liabilities 163.3 0.0
Pensions and postretirement health care benefits 212.0 223.2
Deferred tax liabilities 107.8 116.3
Other noncurrent liabilities 266.3 251.4
Total liabilities 5,286.4 4,632.9
Commitments and contingencies (Note 17)
AGCO Corporation stockholders’ equity:    
Preferred stock; $0.01 par value, 1,000,000 shares authorized, no shares issued or outstanding in 2019 and 2018 0.0 0.0
Common stock; $0.01 par value, 150,000,000 shares authorized, 76,313,655 and 76,536,755 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively 0.8 0.8
Additional paid-in capital 7.1 10.2
Retained earnings 4,591.1 4,477.3
Accumulated other comprehensive loss (1,534.3) (1,555.4)
Total AGCO Corporation stockholders’ equity 3,064.7 2,932.9
Noncontrolling interests 64.0 60.6
Total stockholders’ equity 3,128.7 2,993.5
Total liabilities and stockholders’ equity $ 8,415.1 $ 7,626.4