Net Income Per Common Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earnings Per Share

A reconciliation of net income attributable to AGCO Corporation and subsidiaries and weighted average common shares outstanding for purposes of calculating basic and diluted net income per share for the three months ended March 31, 2024 and 2023 is as follows (in millions, except per share data):

	Three Months Ended March 31,
	2024		2023
Basic net income per share:
Net income attributable to AGCO Corporation and subsidiaries	$	168.0	$	232.6
Weighted average number of common shares outstanding	74.6		74.9
Basic net income per share attributable to AGCO Corporation and subsidiaries	$	2.25	$	3.11
Diluted net income per share:
Net income attributable to AGCO Corporation and subsidiaries	$	168.0	$	232.6
Weighted average number of common shares outstanding	74.6		74.9
Dilutive SSARs and RSUs	0.1		0.1
Weighted average number of common shares and common share equivalents outstanding for purposes of computing diluted net income per share	74.7		75.0
Diluted net income per share attributable to AGCO Corporation and subsidiaries	$	2.25	$	3.10