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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Net sales $ 2,050.5 $ 2,928.7
Cost of goods sold 1,529.9 2,158.9
Gross profit 520.6 769.8
Operating expenses:    
Selling, general and administrative expenses 325.8 350.4
Engineering expenses 116.0 130.9
Amortization of intangibles 15.3 13.9
Impairment charges 1.1 0.0
Restructuring and business optimization expenses 13.0 1.0
Income from operations 49.4 273.6
Interest expense, net 18.5 1.9
Other expense, net 32.3 50.8
Income (loss) before income taxes and equity in net earnings of affiliates (1.4) 220.9
Income tax provision 2.0 69.1
Income (loss) before equity in net earnings of affiliates (3.4) 151.8
Equity in net earnings of affiliates 12.1 16.2
Net income 8.7 168.0
Net loss attributable to noncontrolling interests 1.8 0.0
Net income attributable to AGCO Corporation $ 10.5 $ 168.0
Net income per common share attributable to AGCO Corporation:    
Basic (in dollars per share) $ 0.14 $ 2.25
Diluted (in dollars per share) 0.14 2.25
Cash dividends declared per common share (in dollars per share) 0.29 0.29
Cash dividends paid per common share (in dollars per share) $ 0.29 $ 0.29
Weighted average number of common and common equivalent shares outstanding:    
Basic (in shares) 74.6 74.6
Diluted (in shares) 74.7 74.7