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Commitments and Contingencies (Narrative) (Details) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Foreign currency contracts    
Guarantor Obligations [Line Items]    
Notional amount $ 3,039.7  
Foreign currency contracts | Cash Flow Hedging | Designated as Hedging Instrument    
Guarantor Obligations [Line Items]    
Notional amount 494.5 $ 262.2
Commodity contracts | Cash Flow Hedging | Designated as Hedging Instrument    
Guarantor Obligations [Line Items]    
Notional amount 1.6 $ 2.5
AGCO Capital    
Guarantor Obligations [Line Items]    
Guarantor obligations, current carrying value 43.6  
US and Canada Finance Joint Ventures    
Guarantor Obligations [Line Items]    
Guarantor obligations, current carrying value 12.6  
Guarantor obligation maximum exposure $ 180.1