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Net Income Per Common Share (Tables)
3 Months Ended
Mar. 31, 2022
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, 2022 and 2021 is as follows (in millions, except per share data):
Three Months Ended March 31,
20222021
Basic net income per share:
Net income attributable to AGCO Corporation and subsidiaries$151.8 $150.8 
Weighted average number of common shares outstanding74.6 75.3 
Basic net income per share attributable to AGCO Corporation and subsidiaries$2.03 $2.00 
Diluted net income per share:
Net income attributable to AGCO Corporation and subsidiaries$151.8 $150.8 
Weighted average number of common shares outstanding74.6 75.3 
Dilutive SSARs, performance share awards and RSUs0.3 0.6 
Weighted average number of common shares and common share equivalents outstanding for purposes of computing diluted net income per share
74.9 75.9 
Diluted net income per share attributable to AGCO Corporation and subsidiaries$2.03 $1.99