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Related Party Transactions (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Finance joint ventures      
Related Party Transaction [Line Items]      
Dividends from related parties $ 28.9 $ 27.0 $ 84.4
Finance joint ventures | Related Party      
Related Party Transaction [Line Items]      
Payments to acquire interest in joint venture 24.6 0.0 0.0
TAFE      
Related Party Transaction [Line Items]      
Dividends from related parties 2.9 2.1 2.0
Purchases from related party 171.6 148.7 137.6
TAFE | Sale of Parts      
Related Party Transaction [Line Items]      
Sales to related party $ 3.6 $ 1.2 $ 1.4
Rabobank | Finance joint ventures      
Related Party Transaction [Line Items]      
Percentage of noncontrolling interest owned by parent 51.00%    
TAFE | AGCO Corporation      
Related Party Transaction [Line Items]      
Beneficial ownership of related parties (in shares) 12,150,152    
Beneficial ownership of related parties, maximum shares allowed per letter agreement (in shares) 12,150,152