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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Net sales $ 2,635.0 $ 3,246.6 $ 4,685.5 $ 6,175.3
Cost of goods sold 1,976.4 2,409.1 3,506.3 4,568.0
Gross profit 658.6 837.5 1,179.2 1,607.3
Operating expenses:        
Selling, general and administrative expenses 326.4 379.8 652.2 730.2
Engineering expenses 117.8 137.8 233.8 268.7
Amortization of intangibles 15.7 31.7 31.0 45.6
Impairment charges 6.8 5.1 7.9 5.1
Restructuring and business optimization expenses 15.6 30.2 28.6 31.2
Loss on sale of business 12.3 494.6 12.3 494.6
Income (loss) from operations 164.0 (241.7) 213.4 31.9
Interest expense, net 17.8 29.9 36.3 31.8
Other expense, net 48.9 65.3 81.2 116.1
Income (loss) before income taxes and equity in net earnings of affiliates 97.3 (336.9) 95.9 (116.0)
Income tax provision (benefit) (205.5) 41.6 (203.5) 110.7
Income (loss) before equity in net earnings of affiliates 302.8 (378.5) 299.4 (226.7)
Equity in net earnings of affiliates 11.6 9.6 23.7 25.8
Net income (loss) 314.4 (368.9) 323.1 (200.9)
Net loss attributable to noncontrolling interests 0.4 1.8 2.2 1.8
Net income (loss) attributable to AGCO Corporation $ 314.8 $ (367.1) $ 325.3 $ (199.1)
Net income (loss) per common share attributable to AGCO Corporation:        
Basic (in dollars per share) $ 4.22 $ (4.92) $ 4.36 $ (2.67)
Diluted (in dollars per share) 4.22 (4.92) 4.36 (2.67)
Cash dividends declared per common share (in dollars per share) 0.29 2.79 0.58 3.08
Cash dividends paid per common share (in dollars per share) $ 0.29 $ 2.79 $ 0.58 $ 3.08
Weighted average number of common and common equivalent shares outstanding:        
Basic (in shares) 74.6 74.6 74.6 74.6
Diluted (in shares) 74.6 74.7 74.6 74.7