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Condensed Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Income Statement [Abstract]        
Net sales $ 2,295.0 $ 2,099.1 $ 7,258.8 $ 6,255.4
Cost of goods sold 1,804.0 1,691.3 5,663.4 5,003.4
Gross profit 491.0 407.8 1,595.4 1,252.0
Selling, general and administrative expenses 262.8 221.2 756.7 622.4
Engineering expenses 76.4 67.5 227.5 191.6
Restructuring and other infrequent income 0 0 0 (0.7)
Amortization of intangibles 12.2 4.8 36.9 14.1
Income from operations 139.6 114.3 574.3 424.6
Interest expense, net 15.8 3.1 43.5 21.1
Other expense, net 13.8 7.1 24.3 17.3
Income before income taxes and equity in net earnings of affiliates 110.0 104.1 506.5 386.2
Income tax provision 30.5 31.6 131.0 123.4
Income before equity in net earnings of affiliates 79.5 72.5 375.5 262.8
Equity in net earnings of affiliates 12.6 12.0 39.9 37.2
Net income 92.1 84.5 415.4 300.0
Net loss (income) attributable to noncontrolling interests 2.4 (0.1) 4.2 (1.9)
Net income attributable to AGCO Corporation and subsidiaries $ 94.5 $ 84.4 $ 419.6 $ 298.1
Net income per common share attributable to AGCO Corporation and subsidiaries:        
Basic, in dollars per share $ 0.97 $ 0.88 $ 4.32 $ 3.13
Diluted, in dollars per share $ 0.96 $ 0.87 $ 4.25 $ 3.04
Weighted average number of common and common equivalent shares outstanding:        
Basic, shares 97.0 96.4 97.1 95.1
Diluted, shares 98.4 96.9 98.6 97.9