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Revenue (Tables)
 6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Changes in Contract Liabilities Significant changes in the balance of contract liabilities for the three and six months ended June 30, 2025 and 2024 were as follows (in millions):
Three Months Ended June 30,
20252024
Balance at beginning of period$359.8 $321.5 
Acquisitions
— 21.0 
Advance consideration received57.9 53.5 
Revenue recognized during the period for extended warranty contracts, maintenance services and technology services(57.1)(45.0)
Revenue recognized during the period related to grain storage and protein production systems(0.5)(7.5)
Reclassified to held for sale(1)
— (10.5)
Foreign currency translation17.6 (1.3)
Balance at June 30$377.7 $331.7 

Six Months Ended June 30,
20252024
Balance at beginning of period$341.5 $310.7 
Acquisitions
— 21.0 
Advance consideration received105.5 106.0 
Revenue recognized during the period for extended warranty contracts, maintenance services and technology services(94.8)(77.2)
Revenue recognized during the period related to grain storage and protein production systems(0.9)(12.2)
Reclassified to held for sale(1)
— (10.5)
Foreign currency translation26.4 (6.1)
Balance at June 30$377.7 $331.7 
__________________________________
(1)    Reclassification resulting from the Company's classification of the majority of the G&P business as held for sale as of June 30, 2024. The Company divested the majority of its G&P business on November 1, 2024. Refer to Note 3 for additional information.
Schedule of Disaggregation of Revenue Net sales for the three months ended June 30, 2025 disaggregated by primary geographical markets and major products consisted of the following (in millions):
North America
South America
Europe/Middle East
Asia/Pacific/Africa
Consolidated
Primary geographical markets:
United States$302.5 $— $— $— $302.5 
Canada91.4 — — — 91.4 
Brazil— 222.8 — — 222.8 
Other South America— 78.8 — — 78.8 
Germany— — 465.6 — 465.6 
France— — 316.5 — 316.5 
United Kingdom and Ireland— — 144.2 — 144.2 
Finland and Scandinavia— — 211.2 — 211.2 
Italy— — 108.3 — 108.3 
Other Europe— — 441.1 — 441.1 
Middle East and Algeria— — 88.0 — 88.0 
Africa— — — 29.4 29.4 
Asia— — — 50.6 50.6 
Australia and New Zealand— — — 55.8 55.8 
Mexico, Central America and Caribbean27.0 1.8 — — 28.8 
$420.9 $303.4 $1,774.9 $135.8 $2,635.0 
Major products:
Tractors$153.7 $195.4 $1,259.2 $89.9 $1,698.2 
Replacement parts111.1 39.2 327.9 24.2 502.4 
Grain storage and protein production systems— — — 0.2 0.2 
Combines, application equipment and other machinery156.1 68.8 187.8 21.5 434.2 
$420.9 $303.4 $1,774.9 $135.8 $2,635.0 
    Net sales for the three months ended June 30, 2024 disaggregated by primary geographical markets and major products consisted of the following (in millions):

North America(1)
South America
Europe/Middle East(1)
Asia/Pacific/Africa(1)
Total Segments
Other(2)
Consolidated
Primary geographical markets:
United States$471.0 $— $— $— $471.0 $178.2 $649.2 
Canada124.2 — — — 124.2 27.7 151.9 
Brazil— 228.9 — — 228.9 27.3 256.2 
Other South America— 84.1 — — 84.1 4.5 88.6 
Germany— — 546.9 — 546.9 2.4 549.3 
France— — 390.5 — 390.5 2.8 393.3 
United Kingdom and Ireland— — 128.6 — 128.6 1.7 130.3 
Finland and Scandinavia— — 198.3 — 198.3 3.4 201.7 
Italy— — 95.0 — 95.0 7.8 102.8 
Other Europe— — 399.5 — 399.5 14.3 413.8 
Middle East and Algeria— — 110.8 — 110.8 1.0 111.8 
Africa— — — 20.7 20.7 2.0 22.7 
Asia— — — 52.9 52.9 9.4 62.3 
Australia and New Zealand— — — 69.9 69.9 2.1 72.0 
Mexico, Central America and Caribbean31.9 2.9 — — 34.8 5.9 40.7 
$627.2 $315.9 $1,869.5 $143.5 $2,956.1 $290.5 $3,246.6 
Major products:
Tractors$226.9 $207.2 $1,365.0 $83.8 $1,882.9 $— $1,882.9 
Replacement parts117.7 39.6 307.2 23.5 488.0 — 488.0 
Grain storage and protein production systems— — — 5.6 5.6 290.5 296.1 
Combines, application equipment and other machinery282.6 69.1 197.4 30.5 579.6 — 579.6 
$627.2 $315.9 $1,869.5 $143.5 $2,956.1 $290.5 $3,246.6 
____________________________________
(1)    Rounding may impact summation of amounts.
(2)    “Other” represents the results for the three months ended June 30, 2024 for the majority of the Company’s G&P business which was divested on November 1, 2024. The results of the G&P business through the date of the divestiture were previously included within our North America, South America, Europe/Middle East and Asia/Pacific/Africa segments.
    Net sales for the six months ended June 30, 2025 disaggregated by primary geographical markets and major products consisted of the following (in millions):

North AmericaSouth AmericaEurope/Middle EastAsia/Pacific/AfricaConsolidated
Primary geographical markets:
United States$595.3 $— $— $— $595.3 
Canada168.1 — — — 168.1 
Brazil— 392.1 — — 392.1 
Other South America— 136.5 — — 136.5 
Germany— — 759.5 — 759.5 
France— — 587.2 — 587.2 
United Kingdom and Ireland— — 252.2 — 252.2 
Finland and Scandinavia— — 383.1 — 383.1 
Italy— — 174.2 — 174.2 
Other Europe— — 787.9 — 787.9 
Middle East and Algeria— — 161.3 — 161.3 
Africa— — — 44.7 44.7 
Asia— — — 83.7 83.7 
Australia and New Zealand— — — 101.9 101.9 
Mexico, Central America and Caribbean53.1 4.7 — — 57.8 
$816.5 $533.3 $3,105.4 $230.3 $4,685.5 
Major products:
Tractors$294.7 $344.2 $2,169.5 $143.9 $2,952.3 
Replacement parts199.5 76.4 612.2 46.9 935.0 
Grain storage and protein production systems— — — 1.1 1.1 
Combines, application equipment and other machinery322.3 112.7 323.7 38.4 797.1 
$816.5 $533.3 $3,105.4 $230.3 $4,685.5 
    Net sales for the six months ended June 30, 2024 disaggregated by primary geographical markets and major products consisted of the following (in millions):

North America(1)
South America
Europe/Middle East(1)
Asia/Pacific/Africa(1)
Total Segments
Other(2)
Consolidated
Primary geographical markets:
United States$953.5 $— $— $— $953.5 $294.5 $1,248.0 
Canada215.4 — — — 215.4 36.4 251.8 
Brazil— 433.6 — — 433.6 52.2 485.8 
Other South America— 150.5 — — 150.5 9.3 159.8 
Germany— — 1,052.3 — 1,052.3 8.3 1,060.6 
France— — 714.4 — 714.4 3.8 718.2 
United Kingdom and Ireland— — 266.3 — 266.3 2.4 268.7 
Finland and Scandinavia— — 360.3 — 360.3 4.5 364.8 
Italy— — 159.6 — 159.6 12.5 172.1 
Other Europe— — 752.2 — 752.2 22.2 774.4 
Middle East and Algeria— — 271.4 — 271.4 1.8 273.2 
Africa— — — 39.5 39.5 6.6 46.1 
Asia— — — 113.3 113.3 23.6 136.9 
Australia and New Zealand— — — 138.3 138.3 2.4 140.7 
Mexico, Central America and Caribbean59.3 4.8 — — 64.1 10.1 74.2 
$1,228.3 $588.9 $3,576.4 $291.1 $5,684.7 $490.6 $6,175.3 
Major products:
Tractors$479.6 $380.1 $2,625.7 $174.7 $3,660.1 $— $3,660.1 
Replacement parts211.7 78.7 584.9 46.4 921.7 — 921.7 
Grain storage and protein production systems— — — 10.7 10.7 490.6 501.3 
Combines, application equipment and other machinery537.0 130.1 365.9 59.2 1,092.2 — 1,092.2 
$1,228.3 $588.9 $3,576.4 $291.1 $5,684.7 $490.6 $6,175.3 
____________________________________
(1)    Rounding may impact summation of amounts.
(2)    “Other” represents the results for the six months ended June 30, 2024 for the majority of the Company’s G&P business which was divested on November 1, 2024. The results of the G&P business through the date of the divestiture were previously included within our North America, South America, Europe/Middle East and Asia/Pacific/Africa segments.