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Net Income Per Common Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Earnings Per Share
A reconciliation of net income attributable to AGCO Corporation and subsidiaries and weighted average common shares outstanding for purposes of calculating basic and diluted net income per share for the three months ended March 31, 2020 and 2019 is as follows (in millions, except per share data):
 
Three Months Ended March 31,
 
2020
 
2019
Basic net income per share:
 
 
 
Net income attributable to AGCO Corporation and subsidiaries
$
64.7

 
$
65.1

Weighted average number of common shares outstanding
75.3

 
76.6

Basic net income per share attributable to AGCO Corporation and subsidiaries
$
0.86

 
$
0.85

Diluted net income per share:
 

 
 

Net income attributable to AGCO Corporation and subsidiaries
$
64.7

 
$
65.1

Weighted average number of common shares outstanding
75.3

 
76.6

Dilutive SSARs, performance share awards and RSUs
0.6

 
0.9

Weighted average number of common shares and common share equivalents outstanding for purposes of computing diluted net income per share
75.9

 
77.5

Diluted net income per share attributable to AGCO Corporation and subsidiaries
$
0.85

 
$
0.84