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Net Income Per Common Share (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 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 (in shares) 74.6 74.9
Basic net income per share attributable to AGCO Corporation and subsidiaries (in dollars per share) $ 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 (in shares) 74.6 74.9
Dilutive SSARs, performance share awards and RSUs (in shares) 0.1 0.1
Weighted average number of common shares and common share equivalents outstanding for purposes of computing diluted net income per share (in shares) 74.7 75.0
Diluted net income per share attributable to AGCO Corporation and subsidiaries (in dollars per share) $ 2.25 $ 3.10