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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 622.6 $ 595.5
Accounts and notes receivable, net 1,448.4 1,605.3
Inventories, net 3,443.2 3,440.7
Other current assets 607.7 699.3
Current assets held for sale 417.0 0.0
Total current assets 6,538.9 6,340.8
Property, plant and equipment, net 1,880.6 1,920.9
Right-of-use lease assets 171.8 176.2
Investments in affiliates 551.5 512.7
Deferred tax assets 507.3 481.6
Other assets 450.5 346.8
Noncurrent assets held for sale 459.0 0.0
Intangible assets, net 588.8 308.8
Goodwill 2,358.4 1,333.4
Total assets 13,506.8 11,421.2
Current Liabilities:    
Borrowings due within one year 412.3 15.0
Accounts payable 961.1 1,207.3
Accrued expenses 2,508.8 2,903.8
Other current liabilities 138.3 217.5
Current liabilities held for sale 259.6 0.0
Total current liabilities 4,280.1 4,343.6
Long-term debt, less current portion and debt issuance costs 3,610.0 1,377.2
Operating lease liabilities 129.0 134.4
Pension and postretirement health care benefits 167.9 170.5
Deferred tax liabilities 120.4 122.6
Other noncurrent liabilities 686.2 616.1
Noncurrent liabilities held for sale 26.9 0.0
Total liabilities 9,020.5 6,764.4
Commitments and contingencies (Note 17)
Redeemable noncontrolling interests 337.5 0.0
AGCO Corporation stockholders’ equity:    
Preferred stock; $0.01 par value, 1,000,000 shares authorized, no shares issued or outstanding in 2024 and 2023 0.0 0.0
Common stock; $0.01 par value, 150,000,000 shares authorized, 74,644,933 and 74,517,973 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively 0.7 0.7
Additional paid-in capital 12.4 4.1
Retained earnings 5,938.9 6,360.0
Accumulated other comprehensive loss (1,803.2) (1,708.1)
Total AGCO Corporation stockholders’ equity 4,148.8 4,656.7
Noncontrolling interests 0.0 0.1
Total stockholders’ equity 4,148.8 4,656.8
Total liabilities, redeemable noncontrolling interests and stockholders’ equity $ 13,506.8 $ 11,421.2