Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Net sales	$ 14,412.4	$ 12,651.4	$ 11,138.3
Cost of goods sold	10,635.0	9,650.1	8,566.0
Gross profit	3,777.4	3,001.3	2,572.3
Operating expenses:
Selling, general and administrative expenses	1,454.5	1,189.5	1,088.7
Engineering expenses	548.8	444.2	405.8
Amortization of intangibles	57.7	60.1	61.1
Asset Impairment Charges	4.1	36.0	0.0
Restructuring expenses	11.9	6.1	15.3
Income from operations	1,700.4	1,265.4	1,001.4
Interest expense, net	4.6	13.0	6.7
Other expense, net	362.3	145.2	50.4
Income before income taxes and equity in net earnings of affiliates	1,333.5	1,107.2	944.3
Income tax provision	230.4	296.6	108.4
Income before equity in net earnings of affiliates	1,103.1	810.6	835.9
Equity in net earnings of affiliates	68.2	64.1	65.6
Net income	1,171.3	874.7	901.5
Net loss (income) attributable to noncontrolling interests	0.1	14.9	(4.5)
Net income attributable to AGCO Corporation and subsidiaries	$ 1,171.4	$ 889.6	$ 897.0
Net income per common share attributable to AGCO Corporation and subsidiaries:
Basic (in dollars per share)	$ 15.66	$ 11.92	$ 11.93
Diluted (in dollars per share)	15.63	11.87	11.85
Cash dividends declared and paid per common share (in dollars per share)	$ 6.10	$ 5.40	$ 4.74
Weighted average number of common and common equivalent shares outstanding:
Basic (in shares)	74.8	74.6	75.2
Diluted (in shares)	74.9	74.9	75.7