AGCO (AGCO) 10-Q7 Nov 142014 Q3 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
Document and Entity Information	Sep. 30, 2014	Oct. 31, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'AGCO CORP /DE	'
Entity Central Index Key	'0000880266	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Large Accelerated Filer	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'
Amendment Flag	'false	'
Entity Common Stock, Shares Outstanding	'	91,978,375

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Current Assets:	'	'
Cash and cash equivalents	$320.90	$1,047.20
Accounts and notes receivable, net	1,083.60	940.6
Inventories, net	2,315.10	2,016.10
Deferred tax assets	225.7	241.2
Other current assets	260.1	272
Total current assets	4,205.40	4,517.10
Property, plant and equipment, net	1,525.30	1,602.30
Investment in affiliates	432.2	416.1
Deferred tax assets	22	24.4
Other assets	132.9	134.6
Intangible assets, net	569.6	565.6
Goodwill	1,226.50	1,178.70
Total assets	8,113.90	8,438.80
Current Liabilities:	'	'
Current portion of long-term debt	88.4	110.5
Convertible senior subordinated notes	0	201.2
Accounts payable	819.5	960.3
Accrued expenses	1,227.70	1,389.20
Other current liabilities	228	150.8
Total current liabilities	2,363.60	2,812
Long-term debt, less current portion	1,332.80	938.5
Pensions and postretirement health care benefits	215.5	246.4
Deferred tax liabilities	251.8	251.2
Other noncurrent liabilities	156.9	145.9
Total liabilities	4,320.60	4,394
Commitments and contingencies (Note 15)	'	'
AGCO Corporation stockholdersâ€™ equity:	'	'
Preferred stock; $0.01 par value, 1,000,000 shares authorized, no shares issued or outstanding in 2014 and 2013	0	0
Common stock; $0.01 par value, 150,000,000 shares authorized, 92,747,138 and 97,362,466 shares issued and outstanding at September 30, 2014 and December 31, 2013, respectively	0.9	1
Additional paid-in capital	742.5	1,117.90
Retained earnings	3,703.90	3,402
Accumulated other comprehensive loss	-687.4	-510.7
Total AGCO Corporation stockholdersâ€™ equity	3,759.90	4,010.20
Noncontrolling interests	33.4	34.6
Total stockholdersâ€™ equity	3,793.30	4,044.80
Total liabilities and stockholdersâ€™ equity	$8,113.90	$8,438.80

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Statement of Financial Position [Abstract]	'	'
Preferred stock, par value, in dollars per share	$0.01	$0.01
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value, in dollars per share	$0.01	$0.01
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares issued	92,747,138	97,362,466
Common stock, shares outstanding	92,747,138	97,362,466

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (USD $)	3 Months Ended		9 Months Ended
In Millions, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Income Statement [Abstract]	'	'	'	'
Net sales	$2,154.80	$2,475.90	$7,238.50	$7,927.20
Cost of goods sold	1,732.90	1,919.70	5,670.20	6,127.60
Gross profit	421.9	556.2	1,568.30	1,799.60
Selling, general and administrative expenses	221.7	258.1	751	793.5
Engineering expenses	78.2	87.3	252.9	266.7
Restructuring and other infrequent expenses	2.9	0	2.9	0
Amortization of intangibles	10.4	11.8	30.4	35.9
Income from operations	108.7	199	531.1	703.5
Interest expense, net	13.9	14.1	43.5	40.2
Other expense, net	10.1	11.3	34.2	25.2
Income before income taxes and equity in net earnings of affiliates	84.7	173.6	453.4	638.1
Income tax provision	34.2	62.5	163.8	219.8
Income before equity in net earnings of affiliates	50.5	111.1	289.6	418.3
Equity in net earnings of affiliates	12	14.1	38.1	37.1
Net income	62.5	125.2	327.7	455.4
Net loss attributable to noncontrolling interests	2.5	1	5.1	2.5
Net income attributable to AGCO Corporation and subsidiaries	$65	$126.20	$332.80	$457.90
Net income per common share attributable to AGCO Corporation and subsidiaries:	'	'	'	'
Basic, in dollars per share	$0.70	$1.30	$3.53	$4.71
Diluted, in dollars per share	$0.69	$1.27	$3.50	$4.61
Cash dividends declared and paid per common share, in dollars per share	$0.11	$0.10	$0.33	$0.30
Weighted average number of common and common equivalent shares outstanding:	'	'	'	'
Basic, shares	93.5	97.4	94.2	97.2
Diluted, shares	93.8	99.5	95.2	99.3

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive (Loss) Income (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Statement of Comprehensive Income [Abstract]	'	'	'	'
Net income	$62.50	$125.20	$327.70	$455.40
Other comprehensive (loss) income, net of reclassification adjustments:	'	'	'	'
Foreign currency translation adjustments	-243	68.3	-181.5	-74.6
Defined benefit pension plans, net of tax	1.9	2.5	5.6	7.3
Unrealized (loss) gain on derivatives, net of tax	-1	1.3	-1.1	-0.5
Other comprehensive (loss) income, net of reclassification adjustments	-242.1	72.1	-177	-67.8
Comprehensive (loss) income	-179.6	197.3	150.7	387.6
Comprehensive loss attributable to noncontrolling interests	2.5	1.1	5.4	2.8
Comprehensive (loss) income attributable to AGCO Corporation and subsidiaries	($177.10)	$198.40	$156.10	$390.40

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Cash Flows (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Cash flows from operating activities:	'	'
Net income	$327.70	$455.40
Adjustments to reconcile net income to net cash (used in) provided by operating activities:	'	'
Depreciation	180.4	153.8
Deferred debt issuance cost amortization	2.2	2.6
Amortization of intangibles	30.4	35.9
Amortization of debt discount	0	6.9
Stock compensation	-11	33.9
Equity in net earnings of affiliates, net of cash received	-28.6	-22.5
Deferred income tax provision	1.7	28.1
Other	2.3	0.2
Changes in operating assets and liabilities, net of effects from purchase of businesses:	'	'
Accounts and notes receivable, net	-151.4	-245.5
Inventories, net	-422.7	-507.9
Other current and noncurrent assets	-0.8	-22.8
Accounts payable	-74.7	95.3
Accrued expenses	-96.9	98
Other current and noncurrent liabilities	26.1	57.6
Total adjustments	-543	-286.4
Net cash (used in) provided by operating activities	-215.3	169
Cash flows from investing activities:	'	'
Purchases of property, plant and equipment	-229.3	-263.8
Proceeds from sale of property, plant and equipment	2.2	2.9
Purchase of business, net of cash acquired	-130.4	-0.1
Sale of (investment in) unconsolidated affiliates, net	0	0.1
Net cash used in investing activities	-357.5	-260.9
Cash flows from financing activities:	'	'
Purchases and retirement of common stock	-340.9	-1
Proceeds from debt obligations, net	450.6	4.1
Repurchase or conversion of convertible senior subordinated notes	-201.2	0
Payment of dividends to stockholders	-30.9	-29.1
Payment of minimum tax withholdings on stock compensation	-11.9	-16.3
Purchase of or distribution to noncontrolling interests	-6.1	-2.6
Payment of debt issuance costs	-1.3	0
Net cash used in financing activities	-141.7	-44.9
Effects of exchange rate changes on cash and cash equivalents	-11.8	-24
Decrease in cash and cash equivalents	-726.3	-160.8
Cash and cash equivalents, beginning of period	1,047.20	781.3
Cash and cash equivalents, end of period	$320.90	$620.50

Basis_of_Presentation

Basis of Presentation	9 Months Ended
Basis of Presentation	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Basis of Presentation	'
	BASIS OF PRESENTATION

	The condensed consolidated financial statements of AGCO Corporation and its subsidiaries (the “Company” or “AGCO”) included herein have been prepared in accordance with United States generally accepted accounting principles (“U.S. GAAP”) for interim financial information and the rules and regulations of the Securities and Exchange Commission (“SEC”). In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments, which are of a normal recurring nature, necessary to present fairly the Company’s financial position, results of operations, comprehensive income and cash flows at the dates and for the periods presented. These condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and the notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013. Results for interim periods are not necessarily indicative of the results for the year.
	Recent Accounting Pronouncements

	In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, “Revenue from Contracts with Customers” (“ASU 2014-09”), which supersedes existing revenue recognition guidance under current U.S. GAAP. ASU 2014-09 outlines a comprehensive, single revenue recognition model that provides a five-step analysis in determining when and how revenue is recognized. The new model will require revenue recognition to depict the transfer of promised goods or services to customers at an amount that reflects the consideration expected to be received in exchange for those goods or services. Additional disclosures will also be required to enable users to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. The standard is effective for reporting periods beginning after December 15, 2016 using either a full retrospective or a modified retrospective approach. Early adoption is not permitted. The Company is currently evaluating the impact of adopting this standard on the Company’s results of operations and financial condition.

	In July 2013, the FASB issued ASU 2013-11, “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists” (“ASU 2013-11”). ASU 2013-11 requires an unrecognized tax benefit, or a portion of an unrecognized tax benefit, to be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward. To the extent a net operating loss carryfoward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position, or the tax law of the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit is presented in the financial statements as a liability and is not combined with deferred tax assets. The standard is effective for fiscal years and interim periods within those years, beginning after December 15, 2013. Early adoption was permitted. The adoption of ASU 2013-11 did not have a material impact on the Company’s results of operations or financial condition.

Acquisitions

Acquisitions	9 Months Ended
	Sep. 30, 2014
Business Combinations [Abstract]	'
Acquisitions	'
	ACQUISITIONS

	On September 11, 2014, the Company acquired the remaining 39% interest of Santal Equipamentos S.A. Comércio e Indústria (“Santal”) for approximately R$9.0 million (or approximately $3.7 million). Santal is headquartered in Ribeirão Preto, Brazil, and manufactures and distributes sugar cane planting, harvesting, handling and transportation equipment as well as replacement parts across Brazil. Due to the fact that the Company and the seller each had a call option and put option, respectively, with varying dates with respect to the remaining 39% interest in Santal, the fair value of the redeemable noncontrolling interest had been recorded within “Temporary equity” in the Company’s Condensed Consolidated Balance Sheets. The acquisition of the remaining interest was funded with available cash on hand. The redemption and related amounts settled were reflected in “Additional paid-in capital” in the Company’s Condensed Consolidated Balance Sheets.

	On August 1, 2014, the Company acquired Intersystems Holdings, Inc. (“Intersystems”) for approximately $134.4 million, net of cash acquired of approximately $4.1 million (or approximately $130.3 million, net). Intersystems, headquartered in Omaha, Nebraska, designs and manufactures commercial material handling solutions, primarily for the agricultural, biofuels and food and feed processing industries. The acquisition was financed with available cash on hand and the Company’s credit facility (Note 5). The Company allocated the purchase price to the assets acquired and liabilities assumed based on preliminary estimates of their fair values as of the acquisition date. The acquired net assets consisted primarily of accounts receivable, inventories, accounts payable and accrued expenses, property, plant and equipment and customer relationship, technology and trademark intangible assets. The Company recorded approximately $46.3 million of customer relationship, technology and trademark identifiable intangible assets and approximately $89.6 million of goodwill associated with the acquisition. The goodwill recorded was reported within the Company’s North American geographical reportable segment.

	The acquired other identifiable intangible assets of Intersystems as of the date of the acquisition are summarized in the following table (in millions):


	Intangible Asset	Amount		Weighted-Average
				Useful Life
	Customer relationships	$	28	15	years

	Technology	11.3		15	years

	Trademarks	7		16	years

		$	46.3

Stock_Compensation_Plans

Stock Compensation Plans	9 Months Ended
Stock Compensation Plans	Sep. 30, 2014
Share-based Compensation [Abstract]	'
Stock Compensation Plans	'
	STOCK COMPENSATION PLANS

	The Company recorded stock compensation (credit) expense as follows for the three and nine months ended September 30, 2014 and 2013 (in millions):


			Three Months Ended September 30,						Nine Months Ended September 30,
			2014				2013		2014				2013
	Cost of goods sold		$	(1.8	)		$	0.4	$	(1.0	)		$	2.3
	Cost of goods sold		$	(1.8	)		$	0.4	$	(1.0	)		$	2.3
	Selling, general and administrative expenses		(21.0		)		5.5		(9.8		)		31.9
	Selling, general and administrative expenses		(21.0		)		5.5		(9.8		)		31.9
	Total stock compensation (credit) expense		$	(22.8	)		$	5.9	$	(10.8	)		$	34.2
	Total stock compensation (credit) expense		$	(22.8	)		$	5.9	$	(10.8	)		$	34.2

	Stock Incentive Plan

	Under the Company’s 2006 Long Term Incentive Plan (the “2006 Plan”), up to 10.0 million shares of AGCO common stock may be issued. The 2006 Plan allows the Company, under the direction of the Board of Directors’ Compensation Committee, to make grants of performance shares, stock appreciation rights and restricted stock awards to employees, officers and non-employee directors of the Company.

	Employee Plans

	The weighted average grant-date fair value of performance awards granted under the 2006 Plan during the nine months ended September 30, 2014 and 2013 was $53.87 and $51.01, respectively.

	During the nine months ended September 30, 2014, the Company granted 887,198 awards related to the three-year performance period commencing in 2014 and ending in 2016, assuming the maximum target level of performance is achieved. The compensation expense associated with all awards granted under the 2006 Plan is amortized ratably over the vesting or performance period based on the Company’s projected assessment of the level of performance that will be achieved and earned. Performance award transactions during the nine months ended September 30, 2014 were as follows and are presented as if the Company were to achieve its maximum levels of performance under the plan:


	Shares awarded but not earned at January 1	2,808,519
	Shares awarded but not earned at January 1	2,808,519
	Shares awarded	887,198
	Shares awarded	887,198
	Shares forfeited or unearned	(123,260	)
	Shares earned	—
	Shares earned	—
	Shares awarded but not earned at September 30	3,572,457
	Shares awarded but not earned at September 30	3,572,457

	As of September 30, 2014, the total compensation cost related to unearned performance awards not yet recognized, assuming the Company’s current projected assessment of the level of performance that will be achieved and earned, was approximately $3.5 million, and the weighted average period over which it is expected to be recognized is approximately one year.

	During the three and nine months ended September 30, 2014, the Company recorded stock compensation expense of approximately $1.3 million and $3.9 million, respectively, associated with stock-settled appreciation rights (“SSAR”) awards. During the three and nine months ended September 30, 2013, the Company recorded stock compensation expense of approximately $1.1 million and $3.4 million, respectively, associated with SSAR awards. The Company estimated the fair value of the grants using the Black-Scholes option pricing model. The weighted average grant-date fair value of SSARs granted under the 2006 Plan and the weighted average assumptions under the Black-Scholes option pricing model were as follows for the nine months ended September 30, 2014 and 2013:


		Nine Months Ended September 30,
		2014				2013
	Weighted average grant-date fair value	$	13.11			$	22.4
	Weighted average grant-date fair value	$	13.11			$	22.4
	Weighted average assumptions under Black-Scholes option pricing model:

	Expected life of awards (years)	3				5.5
	Expected life of awards (years)	3				5.5
	Risk-free interest rate	0.9		%		0.8		%
	Expected volatility	35.7		%		50.5		%
	Expected dividend yield	0.8		%		0.8		%

	SSAR transactions during the nine months ended September 30, 2014 were as follows:


	SSARs outstanding at January 1		1,094,836
	SSARs outstanding at January 1		1,094,836
	SSARs granted		301,400
	SSARs granted		301,400
	SSARs exercised		(15,550	)
	SSARs canceled or forfeited		(20,631	)
	SSARs outstanding at September 30		1,360,055
	SSARs outstanding at September 30		1,360,055
SSAR price ranges per share:
SSAR price ranges per share:
Granted	$	52.85-55.23
Granted	$	52.85-55.23
Exercised		21.45-52.94
Exercised		21.45-52.94
Canceled or forfeited		21.45-56.98
Canceled or forfeited		21.45-56.98
Weighted average SSAR exercise prices per share:
Weighted average SSAR exercise prices per share:
Granted	$	55.2
Granted	$	55.2
Exercised		33.17
Exercised		33.17
Canceled or forfeited		52.77
Canceled or forfeited		52.77
Outstanding at September		48.36
Outstanding at September		48.36

At September 30, 2014, the weighted average remaining contractual life of SSARs outstanding was approximately four years. As of September 30, 2014, the total compensation cost related to unvested SSARs not yet recognized was approximately $10.0 million and the weighted-average period over which it is expected to be recognized is approximately two years.

The following table sets forth the exercise price range, number of shares, weighted average exercise price and remaining contractual life by groups of similar price as of September 30, 2014:


		SSARs Outstanding							SSARs Exercisable
Range of Exercise Prices		Number of			Weighted Average		Weighted Average		Number of Shares			Weighted Average
		Shares			Remaining		Exercise Price					Exercise Price
					Contractual Life
					(Years)
$21.45 – $32.01		153,125			1.4		$	21.89	153,125			$	21.89
$21.45 – $32.01		153,125			1.4		$	21.89	153,125			$	21.89
$33.65 – $43.39		125,525			2.4		$	33.88	124,075			$	33.76
$33.65 – $43.39		125,525			2.4		$	33.88	124,075			$	33.76
$47.89 – $63.64		1,081,405			4.8		$	53.79	390,848			$	53.45
$47.89 – $63.64		1,081,405			4.8		$	53.79	390,848			$	53.45
		1,360,055							668,048			$	42.56
		1,360,055							668,048			$	42.56

The total fair value of SSARs vested during the nine months ended September 30, 2014 was approximately $4.4 million. There were 692,007 SSARs that were not vested as of September 30, 2014. The total intrinsic value of both outstanding and exercisable SSARs as of September 30, 2014 was $5.1 million. The total intrinsic value of SSARs exercised during the nine months ended September 30, 2014 was approximately $0.3 million. The Company realized an insignificant tax benefit from the exercise of these SSARs.

Director Restricted Stock Grants

The 2006 Plan provides for annual restricted stock grants of the Company’s common stock to all non-employee directors. The shares are restricted as to transferability for a period of three years. In the event a director departs from the Company’s Board of Directors, the non-transferability period expires immediately. The plan allows each director to have the option of forfeiting a portion of the shares awarded in lieu of a cash payment contributed to the participant’s tax withholding to satisfy the statutory minimum federal, state and employment taxes that would be payable at the time of grant. The 2014 grant was made on April 24, 2014 and equated to 18,846 shares of common stock, of which 14,907 shares of common stock were issued after shares were withheld for taxes. The Company recorded stock compensation expense of approximately $1.1 million during the nine months ended September 30, 2014 associated with these grants.

As of September 30, 2014, of the 10.0 million shares reserved for issuance under the 2006 Plan, approximately 2.5 million shares were available for grant, assuming the maximum number of shares are earned related to the performance award grants discussed above.

Goodwill_and_Other_Intangible_

Goodwill and Other Intangible Assets	9 Months Ended
	Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill and Other Intangible Assets	'
	GOODWILL AND OTHER INTANGIBLE ASSETS

	Changes in the carrying amount of acquired intangible assets during the nine months ended September 30, 2014 are summarized as follows (in millions):


		Trademarks and			Customer			Patents and			Land Use Rights			Total
		Tradenames			Relationships			Technology
	Gross carrying amounts:

	Balance as of December 31, 2013	$	118.6		$	502.7		$	89.1		$	14.9		$	725.3

	Acquisition	7			28			11.3			—			46.3

	Adjustment	—			—			—			(4.8		)	(4.8		)

	Foreign currency translation	(1.1		)	(8.4		)	(4.2		)	(0.3		)	(14.0		)
	Balance as of September 30, 2014	$	124.5		$	522.3		$	96.2		$	9.8		$	752.8




		Trademarks and			Customer			Patents and			Land Use Rights			Total
		Tradenames			Relationships			Technology
	Accumulated amortization:

	Balance as of December 31, 2013	$	31		$	160.7		$	59		$	2.7		$	253.4

	Amortization expense	4.6			23.4			2.3			0.1			30.4

	Foreign currency translation	(0.4		)	(5.5		)	(4.1		)	(0.1		)	(10.1		)
	Balance as of September 30, 2014	$	35.2		$	178.6		$	57.2		$	2.7		$	273.7




		Trademarks and
		Tradenames
	Indefinite-lived intangible assets:

	Balance as of December 31, 2013	$	93.7

	Foreign currency translation	(3.2		)
	Balance as of September 30, 2014	$	90.5

	The Company currently amortizes certain acquired intangible assets, primarily on a straight-line basis, over their estimated useful lives, which range from five to 50 years.

	Changes in the carrying amount of goodwill during the nine months ended September 30, 2014 are summarized as follows (in millions):


		North			South			Europe/Africa/			Asia/			Consolidated
		America			America			Middle East			Pacific
	Balance as of December 31, 2013	$	424		$	190.7		$	506.6		$	57.4		$	1,178.70

	Acquisition	89.6			—			—			—			89.6

	Foreign currency translation	—			(6.4		)	(35.0		)	(0.4		)	(41.8		)

	Balance as of September 30, 2014	$	513.6		$	184.3		$	471.6		$	57		$	1,226.50


	Goodwill is tested for impairment on an annual basis and more often if indications of impairment exist. The Company conducts its annual impairment analyses as of October 1 each fiscal year.

Indebtedness

Indebtedness	9 Months Ended
	Sep. 30, 2014
Indebtedness [Abstract]	'
Indebtedness	'
	INDEBTEDNESS

	Indebtedness consisted of the following at September 30, 2014 and December 31, 2013 (in millions):


		September 30, 2014			December 31, 2013
	11/4% Convertible senior subordinated notes due 2036	$	—		$	201.2

	41/2% Senior term loan due 2016	252.6			275

	57/8% Senior notes due 2021	300			300

	Credit facility, expiring 2019	735			360

	Other long-term debt	133.6			114

		1,421.20			1,250.20

	Less: Current portion of long-term debt	(88.4		)	(110.5		)
	11/4% Convertible senior subordinated notes due 2036	—			(201.2		)

	Total indebtedness, less current portion	$	1,332.80		$	938.5


	Convertible Senior Subordinated Notes

	The Company’s 11/4% convertible senior subordinated notes, due December 15, 2036, were issued in December 2006 and provided for (i) the settlement upon conversion in cash up to the principal amount of the notes with any excess conversion value settled in shares of the Company’s common stock, and (ii) the conversion rate to be increased under certain circumstances if the notes were converted in connection with certain change of control transactions occurring prior to December 15, 2013. The notes were unsecured obligations and were convertible into cash and shares of the Company’s common stock upon satisfaction of certain conditions. Interest was payable on the notes at 11/4% per annum, payable semi-annually in arrears in cash on June 15 and December 15 of each year. Holders of the Company’s 1¼% convertible senior subordinated notes had the ability to convert the notes if, during any fiscal quarter, the closing sales price of the Company’s common stock exceeded 120% of the conversion price for at least 20 trading days in the 30 consecutive trading days ending on the last trading day of the preceding fiscal quarter. The notes were convertible into shares of the Company’s common stock at an effective price of $40.27 per share as of June 30, 2014, subject to adjustment, including to reflect the impact to the conversion rate upon payment of any dividends to the Company’s stockholders. The effective price reflected a conversion rate for the notes of 24.8295 shares of common stock per $1,000 principal amount of notes.

	The carrying amount of the equity component of the Company’s 11/4% convertible senior subordinated notes was $54.3 million as of December 31, 2013. The discount on the liability component of the notes was fully amortized as of December 31, 2013. The interest expense recognized relating to the contractual interest coupon of the 11/4% convertible senior subordinated notes was approximately $0.9 million for the nine months ended September 30, 2014. The interest expense recognized relating to the contractual interest coupon and the amortization of the discount on the liability component of the notes was approximately $2.9 million and $8.8 million for the three and nine months ended September 30, 2013, respectively. The effective interest rate on the liability component for the 11/4% convertible senior subordinated notes for the nine months ended September 30, 2013 was 6.1%.

	During 2014, holders of the Company’s 11/4% convertible senior subordinated notes converted or the Company repurchased approximately $49.7 million of aggregate principal amount of the notes. In May 2014, the Company announced its election to redeem the remaining $151.5 million balance of the notes with a redemption date of June 20, 2014. Substantially all of the holders of the Company’s notes elected to convert their remaining notes prior to the redemption date. During the nine months ended September 30, 2014, the Company issued a total of 1,437,465 shares of its common stock associated with the $81.0 million excess conversion value of all notes converted. The Company reflected the repayment of the principal of the notes totaling $201.2 million within “Repurchase or conversion of convertible senior subordinated notes” within the Company’s Condensed Consolidated Statements of Cash Flows for the nine months ended September 30, 2014.

	Due to the ability of the holders of the notes to convert the notes during the three months ending March 31, 2014, the Company classified the notes as a current liability as of December 31, 2013.

	4 1/2% Senior Term Loan

	The Company’s €200.0 million (or approximately $252.6 million as of September 30, 2014) 41/2% senior term loan with Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. (“Rabobank”) is due May 2, 2016. The Company has the ability to prepay the term loan before its maturity date. Interest is payable on the term loan at 41/2% per annum, payable quarterly in arrears on March 31, June 30, September 30 and December 31 of each year. The term loan contains covenants restricting, among other things, the incurrence of indebtedness and the making of certain payments, including dividends, and is subject to acceleration in the event of default. The Company also has to fulfill financial covenants with respect to a total debt to EBITDA ratio and an interest coverage ratio.

	5 7/8% Senior Notes

	The Company’s $300.0 million of 57/8% senior notes due December 1, 2021 constitute senior unsecured and unsubordinated indebtedness. Interest is payable on the notes semi-annually in arrears on June 1 and December 1 of each year. At any time prior to September 1, 2021, the Company may redeem the notes, in whole or in part from time to time, at its option, at a redemption price equal to the greater of (i) 100% of the principal amount plus accrued and unpaid interest, including additional interest, if any, to, but excluding, the redemption date, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of interest accrued to the date of redemption) discounted to the redemption date at the treasury rate plus 0.5%, plus accrued and unpaid interest, including additional interest, if any. Beginning September 1, 2021, the Company may redeem the notes, in whole or in part from time to time, at its option, at a redemption price equal to 100% of the principal amount plus accrued and unpaid interest, including additional interest, if any.

	Credit Facility

	The Company’s revolving credit and term loan facility consists of an $800.0 million multi-currency revolving credit facility and a $355.0 million term loan facility. The maturity date of the Company’s credit facility is June 28, 2019 and the Company is not required to make quarterly payments towards the term loan facility. Interest accrues on amounts outstanding under the credit facility, at the Company’s option, at either (1) LIBOR plus a margin ranging from 1.0% to 2.0% based on the Company’s leverage ratio, or (2) the base rate, which is equal to the higher of (i) the administrative agent’s base lending rate for the applicable currency, (ii) the federal funds rate plus 0.5%, and (iii) one-month LIBOR for loans denominated in US dollars plus 1.0% plus a margin ranging from 0.0% to 0.5% based on the Company’s leverage ratio. The credit facility contains covenants restricting, among other things, the incurrence of indebtedness and the making of certain payments, including dividends, and is subject to acceleration in the event of a default. The Company also has to fulfill financial covenants with respect to a total debt to EBITDA ratio and an interest coverage ratio. As of September 30, 2014, the Company had $735.0 million of outstanding borrowings under the credit facility and availability to borrow approximately $420.0 million. As of December 31, 2013, the Company had $360.0 million of outstanding borrowings under its credit facility and availability to borrow approximately $600.0 million. The Company amended and restated its current credit facility agreement on June 30, 2014 to increase its multi-currency revolving credit facility from $600.0 million to $800.0 million and to maintain its $355.0 million term loan facility.

	The carrying amounts of long-term debt under the Company’s 41/2% senior term loan and credit facility approximate their fair values based on the borrowing rates currently available to the Company for loans with similar terms and average maturities. At September 30, 2014, the estimated fair value of the Company’s 57/8% senior notes, based on the listed market value, was $339.8 million compared to the carrying value of $300.0 million. At December 31, 2013, the estimated fair values of the Company’s 57/8% senior notes and 11/4% convertible senior subordinated notes, based on their listed market values, were $322.1 million and $290.5 million, respectively, compared to their carrying values of $300.0 million and $201.2 million, respectively.

	Standby Letters of Credit and Similar Instruments

	The Company has arrangements with various banks to issue standby letters of credit or similar instruments, which guarantee the Company’s obligations for the purchase or sale of certain inventories and for potential claims exposure for insurance coverage. At September 30, 2014 and December 31, 2013, outstanding letters of credit totaled $18.7 million and $16.7 million, respectively.

Inventories

Inventories	9 Months Ended
	Sep. 30, 2014
Inventory Disclosure [Abstract]	'
Inventories	'
	INVENTORIES

	Inventories at September 30, 2014 and December 31, 2013 were as follows (in millions):


		September 30, 2014		December 31, 2013
	Finished goods	$	907.9	$	775.7

	Repair and replacement parts	607		550.2

	Work in process	205.5		109

	Raw materials	594.7		581.2

	Inventories, net	$	2,315.10	$	2,016.10

Product_Warranty

Product Warranty	9 Months Ended
	Sep. 30, 2014
Product Warranty [Abstract]	'
Product Warranty	'
	PRODUCT WARRANTY

	The warranty reserve activity for the three and nine months ended September 30, 2014 and 2013 consisted of the following (in millions):


		Three Months Ended September 30,						Nine Months Ended September 30,
		2014			2013			2014			2013
	Balance at beginning of period	$	303.9		$	293.8		$	294.9		$	256.9

	Acquisition	0.5			—			0.5			—

	Accruals for warranties issued during the period	51			40.6			149.9			150.1

	Settlements made (in cash or in kind) during the period	(59.3		)	(44.5		)	(150.1		)	(111.6		)
	Foreign currency translation	(13.7		)	7.3			(12.8		)	1.8

	Balance at September 30	$	282.4		$	297.2		$	282.4		$	297.2


	The Company’s agricultural equipment products are generally warranted against defects in material and workmanship for a period of one to four years. The Company accrues for future warranty costs at the time of sale based on historical warranty experience. Approximately $241.0 million and $255.9 million of warranty reserves are included in “Accrued expenses” in the Company’s Condensed Consolidated Balance Sheets as of September 30, 2014 and December 31, 2013, respectively. Approximately $41.4 million and $39.0 million of warranty reserves are included in “Other noncurrent liabilities” in the Company’s Condensed Consolidated Balance Sheets as of September 30, 2014 and December 31, 2013, respectively.

Net_Income_Per_Common_Share

Net Income Per Common Share	9 Months Ended
	Sep. 30, 2014
Earnings Per Share [Abstract]	'
Net Income Per Common Share	'
	NET INCOME PER COMMON SHARE

	Basic net income per common share is computed by dividing net income attributable to AGCO Corporation and its subsidiaries by the weighted average number of common shares outstanding during each period. Diluted net income per common share assumes the exercise of outstanding SSARs, vesting of performance share awards, and the appreciation of the excess conversion value of the Company’s contingently convertible senior subordinated notes using the treasury stock method when the effects of such assumptions are dilutive. Dilution of weighted shares outstanding depended on the Company’s stock price for the excess conversion value of the contingently convertible senior subordinated notes using the treasury stock method. A reconciliation of net income attributable to AGCO Corporation and its subsidiaries and weighted average common shares outstanding for purposes of calculating basic and diluted net income per share for the three and nine months ended September 30, 2014 and 2013 is as follows (in millions, except per share data):


		Three Months Ended September 30,				Nine Months Ended September 30,
		2014		2013		2014		2013
	Basic net income per share:

	Net income attributable to AGCO Corporation and subsidiaries	$	65	$	126.2	$	332.8	$	457.9

	Weighted average number of common shares outstanding	93.5		97.4		94.2		97.2

	Basic net income per share attributable to AGCO Corporation and subsidiaries	$	0.7	$	1.3	$	3.53	$	4.71

	Diluted net income per share:

	Net income attributable to AGCO Corporation and subsidiaries	$	65	$	126.2	$	332.8	$	457.9

	Weighted average number of common shares outstanding	93.5		97.4		94.2		97.2

	Dilutive SSARs and performance share awards	0.2		0.7		0.3		0.9

	Weighted average assumed conversion of contingently convertible senior subordinated notes	0.1		1.4		0.7		1.2

	Weighted average number of common shares and common share equivalents outstanding for purposes of computing diluted net income per share	93.8		99.5		95.2		99.3

	Diluted net income per share attributable to AGCO Corporation and subsidiaries	$	0.69	$	1.27	$	3.5	$	4.61


	SSARs to purchase approximately 1.1 million shares of the Company’s common stock for the three and nine months ended September 30, 2014 and approximately 0.8 million shares of the Company’s common stock for the three and nine months ended September 30, 2013 were outstanding but not included in the calculation of weighted average common and common equivalent shares outstanding because they had an antidilutive impact.

Income_Taxes

Income Taxes	9 Months Ended
Income Taxes	Sep. 30, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	INCOME TAXES

	At September 30, 2014 and December 31, 2013, the Company had approximately $130.9 million and $122.2 million, respectively, of unrecognized tax benefits, all of which would affect the Company’s effective tax rate if recognized. At September 30, 2014 and December 31, 2013, the Company had approximately $58.4 million and $61.9 million, respectively, of accrued or deferred taxes related to uncertain income tax positions connected with ongoing tax audits in various jurisdictions that it expects to settle or pay in the next 12 months. The Company accrues interest and penalties related to unrecognized tax benefits in its provision for income taxes. At September 30, 2014 and December 31, 2013, the Company had accrued interest and penalties related to unrecognized tax benefits of $16.6 million and $14.4 million, respectively.
	Generally, tax years 2008 through 2013 remain open to examination by taxing authorities in the United States and certain other foreign taxing jurisdictions.

Derivative_Instruments_and_Hed

Derivative Instruments and Hedging Activities

9 Months Ended

Sep. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments and Hedging Activities

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

All derivatives are recognized on the Company’s Condensed Consolidated Balance Sheets at fair value. On the date the derivative contract is entered into, the Company designates the derivative as either (1) a fair value hedge of a recognized liability, (2) a cash flow hedge of a forecasted transaction, (3) a hedge of a net investment in a foreign operation, or (4) a non-designated derivative instrument.

The Company formally documents all relationships between hedging instruments and hedged items, as well as the risk management objectives and strategy for undertaking various hedge transactions. The Company formally assesses, both at the hedge’s inception and on an ongoing basis, whether the derivatives that are used in hedging transactions are highly effective in offsetting changes in fair values or cash flow of hedged items. When it is determined that a derivative is no longer highly effective as a hedge, hedge accounting is discontinued on a prospective basis.

Foreign Currency Risk

The Company has significant manufacturing operations in the United States, France, Germany, Finland and Brazil, and it purchases a portion of its tractors, combines and components from third-party foreign suppliers, primarily in various European countries and in Japan. The Company also sells products in over 140 countries throughout the world. The Company’s most significant transactional foreign currency exposures are the Euro, Brazilian real and the Canadian dollar in relation to the United States dollar and the Euro in relation to the British pound.

The Company attempts to manage its transactional foreign exchange exposure by hedging foreign currency cash flow forecasts and commitments arising from the anticipated settlement of receivables and payables and from future purchases and sales. Where naturally offsetting currency positions do not occur, the Company hedges certain, but not all, of its exposures through the use of foreign currency contracts. The Company’s translation exposure resulting from translating the financial statements of foreign subsidiaries into United States dollars is not hedged. The Company’s most significant translation exposures are the Euro, the British pound and the Brazilian real in relation to the United States dollar and the Swiss franc in relation to the Euro. When practical, the translation impact is reduced by financing local operations with local borrowings.

The foreign currency contracts are primarily forward and options contracts. These contracts’ fair value measurements fall within the Level 2 fair value hierarchy. Level 2 fair value measurements are generally based upon quoted market prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-derived valuations in which all significant inputs or significant value-drivers are observable in active markets. The fair value of foreign currency forward contracts is based on a valuation model that discounts cash flows resulting from the differential between the contract price and the market-based forward rate. The fair value of foreign currency option contracts is based on a valuation model that utilizes spot and forward exchange rates, interest rates and currency pair volatility.

The Company’s senior management establishes the Company’s foreign currency and interest rate risk management policies. These policies are reviewed periodically by the Audit Committee of the Company’s Board of Directors. The policies allow for the use of derivative instruments to hedge exposures to movements in foreign currency and interest rates. The Company’s policies prohibit the use of derivative instruments for speculative purposes.

Cash Flow Hedges

During 2014 and 2013, the Company designated certain foreign currency contracts as cash flow hedges of expected future sales and purchases. The effective portion of the fair value gains or losses on these cash flow hedges were recorded in other comprehensive income (loss) and are subsequently reclassified into cost of goods sold during the period the sales and purchases are recognized. These amounts offset the effect of the changes in foreign currency rates on the related sale and purchase transactions. The amount of the net (loss) gain recorded in other comprehensive income that was reclassified into cost of goods sold during the nine months ended September 30, 2014 and 2013 was approximately $(0.4) million and $0.4 million, respectively, on an after-tax basis. The outstanding contracts as of September 30, 2014 range in maturity through December 2014.

The following table summarizes the activity in accumulated other comprehensive loss related to the derivatives held by the Company during the nine months ended September 30, 2014 (in millions):

Before-Tax

Income

After-Tax

Amount

Tax

Amount

Accumulated derivative net losses as of December 31, 2013

(0.3

)

(0.1

)

(0.2

)

Net changes in fair value of derivatives

(1.3

)

0.2

(1.5

)

Net losses reclassified from accumulated other comprehensive loss into income

0.2

(0.2

)

0.4

Accumulated derivative net losses as of September 30, 2014

(1.4

)

(0.1

)

(1.3

)

The Company had outstanding foreign currency contracts with a notional amount of approximately $40.2 million and $50.3 million as of September 30, 2014 and December 31, 2013, respectively, that were entered into to hedge forecasted sale and purchase transactions.

Derivative Transactions Not Designated as Hedging Instruments

During 2014 and 2013, the Company entered into foreign currency contracts to hedge receivables and payables on the Company and its subsidiaries’ balance sheets that are denominated in foreign currencies other than the functional currency. These contracts were classified as non-designated derivative instruments.

As of September 30, 2014 and December 31, 2013, the Company had outstanding foreign currency contracts with a notional amount of approximately $3,137.9 million and $1,288.4 million, respectively, that were entered into to hedge receivables and payables that were denominated in foreign currencies other than the functional currency. Changes in the fair value of these contracts are reported in “Other expense, net.” For the three and nine months ended September 30, 2014, the Company recorded a net gain of approximately $7.3 million and $13.2 million, respectively, within “Other expense, net” related to these contracts. For the three and nine months ended September 30, 2013, the Company recorded a net gain of approximately $21.2 million and $8.8 million, respectively, within “Other expense, net” related to these contracts. Gains and losses on such contracts are substantially offset by losses and gains on the remeasurement of the underlying asset or liability being hedged.

The table below sets forth the fair value of derivative instruments as of September 30, 2014 (in millions):

Asset Derivatives as of

Liability Derivatives as of

30-Sep-14

Balance Sheet

Fair

Balance Sheet

Fair

Location

Value

Location

Value

Derivative instruments designated as hedging instruments:

Foreign currency contracts

Other current assets

—

Other current liabilities

1.6

Derivative instruments not designated as hedging instruments:

Foreign currency contracts

Other current assets

36.1

Other current liabilities

24.4

Total derivative instruments

36.1

The table below sets forth the fair value of derivative instruments as of December 31, 2013 (in millions):

Asset Derivatives as of

Liability Derivatives as of

December 31, 2013

Balance Sheet

Fair

Balance Sheet

Fair

Location

Value

Location

Value

Derivative instruments designated as hedging instruments:

Foreign currency contracts

Other current assets

—

Other current liabilities

0.1

Derivative instruments not designated as hedging instruments:

Foreign currency contracts

Other current assets

13.9

Other current liabilities

5.3

Total derivative instruments

13.9

5.4

Counterparty Risk

The Company regularly monitors the counterparty risk and credit ratings of all the counterparties to the derivative instruments. The Company believes that its exposures are appropriately diversified across counterparties and that these counterparties are creditworthy financial institutions. If the Company perceives any risk with a counterparty, then the Company would cease to do business with that counterparty. There have been no negative impacts to the Company from any non-performance of any counterparties.

Changes_in_Stockholders_Equity

Changes in Stockholders' Equity and Temporary Equity	9 Months Ended
	Sep. 30, 2014
Stockholders' Equity Note [Abstract]	'
Changes in Stockholders' Equity and Temporary Equity	'
	CHANGES IN STOCKHOLDERS’ EQUITY AND TEMPORARY EQUITY

	The following table sets forth changes in stockholders’ equity and temporary equity attributed to AGCO Corporation and its subsidiaries and to noncontrolling interests for the nine months ended September 30, 2014 (in millions):


		Common			Additional			Retained			Accumulated			Noncontrolling			Total Stockholders’			Temporary Equity
		Stock			Paid-in			Earnings			Other			Interests			Equity
					Capital						Comprehensive
											Loss
	Balance, December 31, 2013	$	1		$	1,117.90		$	3,402.00		$	(510.7	)	$	34.6		$	4,044.80		$	—

	Stock compensation	—			(11.0		)	—			—			—			(11.0		)	—

	Issuance of performance award stock	—			(11.8		)	—			—			—			(11.8		)	—

	SSARs exercised	—			(0.1		)	—			—			—			(0.1		)	—

	Distribution to noncontrolling interest	—			—			—			—			(2.4		)	(2.4		)	—

	Comprehensive income:
	Net income (loss)	—			—			332.8			—			1.2			334			(6.3		)

	Other comprehensive loss, net of reclassification adjustments:
	Foreign currency translation adjustments	—			—			—			(181.2		)	—			(181.2		)	(0.3		)

	Defined benefit pension plans, net of tax	—			—			—			5.6			—			5.6			—

	Unrealized loss on derivatives, net of tax	—			—			—			(1.1		)	—			(1.1		)	—

	Payment of dividends to stockholders	—			—			(30.9		)	—			—			(30.9		)	—

	Purchases and retirement of common stock	(0.1		)	(340.8		)	—			—			—			(340.9		)	—

	Changes in noncontrolling interest	—			(11.7		)	—			—			—			(11.7		)	6.6

	Balance, September 30, 2014	$	0.9		$	742.5		$	3,703.90		$	(687.4	)	$	33.4		$	3,793.30		$	—


	Total comprehensive loss attributable to noncontrolling interests and redeemable noncontrolling interest for the three and nine months ended September 30, 2014 and 2013 was as follows (in millions):


		Three Months Ended September 30,						Nine Months Ended September 30,
		2014			2013			2014			2013
	Net loss	$	(2.5	)	$	(1.0	)	$	(5.1	)	$	(2.5	)
	Other comprehensive loss:
	Foreign currency translation adjustments	—			(0.1		)	(0.3		)	(0.3		)

	Total comprehensive loss	$	(2.5	)	$	(1.1	)	$	(5.4	)	$	(2.8	)
	The following table sets forth changes in accumulated other comprehensive loss by component, net of tax, attributed to AGCO Corporation and its subsidiaries for the nine months ended September 30, 2014 (in millions):


		Defined Benefit Pension Plans			Deferred Net (Losses) Gains on Derivatives			Cumulative Translation Adjustment			Total
	Accumulated other comprehensive loss, December 31, 2013	$	(206.4	)	$	(0.2	)	$	(304.1	)	$	(510.7	)
	Other comprehensive loss before reclassifications	—			(1.5		)	(181.2		)	(182.7		)

	Net losses reclassified from accumulated other comprehensive loss	5.6			0.4			—			6

	Other comprehensive income (loss), net of reclassification adjustments	5.6			(1.1		)	(181.2		)	(176.7		)

	Accumulated other comprehensive loss, September 30, 2014	$	(200.8	)	$	(1.3	)	$	(485.3	)	$	(687.4	)

	The following table sets forth reclassification adjustments out of accumulated other comprehensive loss by component attributed to AGCO Corporation and its subsidiaries for the three and nine months ended September 30, 2014 (in millions):


		Amount Reclassified from Accumulated Other Comprehensive Loss(1)
Details about Accumulated Other Comprehensive Loss Components		Three months ended September 30, 2014			Nine months ended September 30, 2014			Affected Line Item within the Condensed Consolidated Statements of Operations
Net losses on cash flow hedges		$	0.3		$	0.2		Cost of goods sold

		0.1			0.2			Income tax provision

Reclassification net of tax		$	0.4		$	0.4


Defined benefit pension plans:
Amortization of net actuarial loss		$	2.2		$	6.6		(2)

Amortization of prior service cost		0.3			0.8			(2)

Reclassification before tax		2.5			7.4

		(0.6		)	(1.8		)	Income tax provision
Reclassification net of tax		$	1.9		$	5.6


Net losses reclassified from accumulated other comprehensive loss		$	2.3		$	6

____________________________________

(1) (Gains) losses included within the Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2014.
(2) These accumulated other comprehensive loss components are included in the computation of net periodic pension and postretirement benefit cost. See Note 13 to the Company’s Condensed Consolidated Financial Statements.

Share Repurchase Program

In July 2012, the Company’s Board of Directors approved a share repurchase program under which the Company can repurchase up to $50.0 million of its common stock. This share repurchase program does not have an expiration date. In December 2013, the Company’s Board of Directors approved an additional share repurchase program under which the Company can repurchase up to $500.0 million of its common stock through an expiration date of June 2015.

During the nine months ended September 30, 2014, the Company entered into accelerated repurchase agreements (“ASRs”) with a financial institution to repurchase an aggregate of $290.0 million of shares of the Company’s common stock. The Company has received approximately 5,389,119 shares during the nine months ended September 30, 2014 related to these ASRs. All shares received under the ASRs were retired upon receipt, and the excess of the purchase price over par value per share was recorded to “Additional paid-in capital” within the Company’s Condensed Consolidated Balance Sheets.

Additionally, during the three months ended September 30, 2014, through open market transactions, the Company repurchased 1,049,376 shares of its common stock for approximately $50.9 million at an average price paid of $48.46 per share. Repurchased shares were retired on the date of purchase, and the excess of the purchase price over par value per share was recorded to “Additional paid-in capital” within the Company’s Condensed Consolidated Balance Sheets.

Of the $550.0 million in approved share repurchase programs, the remaining amount authorized to be repurchased is approximately $190.5 million.

In November 2014, the Company entered into an ASR with a financial institution to repurchase an aggregate of $125.0 million of shares of the Company’s common stock. The Company received approximately 2,020,785 shares to date in this transaction. The specific number of shares the Company will ultimately repurchase will be determined at the completion of the term of the ASR based on the daily volume-weighted average share price of the Company’s common stock less an agreed upon discount. Upon settlement of the ASR, the Company may be entitled to receive additional shares of common stock, or under certain circumstances, be required to remit a settlement amount. The Company expects that additional shares will be received by the Company upon final settlement of its current ASR, which expires during the first quarter of 2015.

Accounts_Receivable_Sales_Agre

Accounts Receivable Sales Agreements	9 Months Ended
Accounts Receivable Sales Agreements	Sep. 30, 2014
Accounts Receivable Sales Agreements [Abstract]	'
Accounts Receivable Sales Agreements	'
	ACCOUNTS RECEIVABLE SALES AGREEMENTS

	As of September 30, 2014 and December 31, 2013, the Company had accounts receivable sales agreements that permit the sale, on an ongoing basis, of a majority of its wholesale receivables in North America and Europe to its 49% owned U.S., Canadian and European retail finance joint ventures. As of September 30, 2014 and December 31, 2013, the cash received from receivables sold under the U.S., Canadian and European accounts receivable sales agreements was approximately $1.2 billion and $1.3 billion, respectively.

	Under the terms of the accounts receivable agreements in North America and Europe, the Company pays an annual servicing fee related to the servicing of the receivables sold. The Company also pays the respective AGCO Finance entities a subsidized interest payment with respect to the sales agreements, calculated based upon LIBOR plus a margin on any non-interest bearing accounts receivable outstanding and sold under the sales agreements. These fees were reflected within losses on the sales of receivables included within “Other expense, net” in the Company’s Condensed Consolidated Statements of Operations. The Company does not service the receivables after the sale occurs and does not maintain any direct retained interest in the receivables. The Company reviewed its accounting for the accounts receivable sales agreements and determined that these facilities should be accounted for as off-balance sheet transactions.
	Losses on sales of receivables associated with the accounts receivable financing facilities discussed above, reflected within “Other expense, net” in the Company’s Condensed Consolidated Statements of Operations, were approximately $4.8 million and $19.0 million during the three and nine months ended September 30, 2014, respectively. Losses on sales of receivables associated with the accounts receivable financing facilities discussed above, reflected within “Other expense, net” in the Company’s Condensed Consolidated Statements of Operations, were approximately $6.7 million and $18.8 million during the three and nine months ended September 30, 2013, respectively.

	The Company’s retail finance joint ventures in Brazil and Australia also provide wholesale financing to the Company’s dealers. The receivables associated with these arrangements are without recourse to the Company. The Company does not service the receivables after the sale occurs and does not maintain any direct retained interest in the receivables. As of September 30, 2014 and December 31, 2013, these retail finance joint ventures had approximately $56.5 million and $68.2 million, respectively, of outstanding accounts receivable associated with these arrangements. The Company reviewed its accounting for these arrangements and determined that these arrangements should be accounted for as off-balance sheet transactions.

	In addition, the Company sells certain trade receivables under factoring arrangements to other financial institutions around the world. The Company reviewed the sale of such receivables and determined that these arrangements should be accounted for as off-balance sheet transactions.

Employee_Benefit_Plans

Employee Benefit Plans	9 Months Ended
	Sep. 30, 2014
Compensation and Retirement Disclosure [Abstract]	'
Employee Benefit Plans	'
	EMPLOYEE BENEFIT PLANS

	Net periodic pension and postretirement benefit cost for the Company’s defined pension and postretirement benefit plans for the three months ended September 30, 2014 and 2013 are set forth below (in millions):


			Three Months Ended September 30,
	Pension benefits		2014				2013
	Service cost		$	4.3			$	4.5

	Interest cost		9.4				9.1

	Expected return on plan assets		(11.2		)		(9.7		)
	Amortization of net actuarial loss		2.1				2.9

	Amortization of prior service cost		0.2				0.2

	Net periodic pension cost		$	4.8			$	7



			Three Months Ended September 30,
	Postretirement benefits		2014				2013
	Interest cost		$	0.4			$	0.4

	Amortization of net actuarial loss		0.1				0.1

	Amortization of prior service cost		0.1				0.1

	Net periodic postretirement benefit cost		$	0.6			$	0.6


	Net periodic pension and postretirement benefit cost for the Company’s defined pension and postretirement benefit plans for the nine months ended September 30, 2014 and 2013 are set forth below (in millions):


			Nine Months Ended September 30,
	Pension benefits		2014				2013
	Service cost		$	12.9			$	13.7

	Interest cost		28.2				27.4

	Expected return on plan assets		(33.6		)		(29.2		)
	Amortization of net actuarial loss		6.5				8.7

	Amortization of prior service cost		0.6				0.6

	Net periodic pension cost		$	14.6			$	21.2



			Nine Months Ended September 30,
	Postretirement benefits		2014				2013
	Service cost		$	0.1			$	0.1

	Interest cost		1.2				1.3

	Amortization of net actuarial loss		0.1				0.4

	Amortization of prior service cost		0.2				0.2

	Net periodic postretirement benefit cost		$	1.6			$	2

	The following table summarizes the activity in accumulated other comprehensive loss related to the Company’s defined pension and postretirement benefit plans during the nine months ended September 30, 2014 (in millions):


		Before-Tax				Income				After-Tax
		Amount				Tax				Amount
Accumulated other comprehensive loss as of December 31, 2013		$	(279.4	)		$	(73.0	)		$	(206.4	)
Amortization of net actuarial loss		6.6				1.5				5.1

Amortization of prior service cost		0.8				0.3				0.5

Accumulated other comprehensive loss as of September 30, 2014		$	(272.0	)		$	(71.2	)		$	(200.8	)

During the nine months ended September 30, 2014, approximately $32.9 million of contributions had been made to the Company’s defined pension benefit plans. The Company currently estimates its minimum contributions for 2014 to its defined pension benefit plans will aggregate approximately $42.7 million.
During the nine months ended September 30, 2014, the Company made approximately $1.3 million of contributions to its postretirement health care and life insurance benefit plans. The Company currently estimates that it will make approximately $1.9 million of contributions to its postretirement health care and life insurance benefit plans during 2014.

Segment_Reporting

Segment Reporting	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Segment Reporting	'
	SEGMENT REPORTING

	The Company’s four reportable segments distribute a full range of agricultural equipment and related replacement parts. The Company evaluates segment performance primarily based on income from operations. Sales for each segment are based on the location of the third-party customer. The Company’s selling, general and administrative expenses and engineering expenses are charged to each segment based on the region and division where the expenses are incurred. As a result, the components of income from operations for one segment may not be comparable to another segment. Segment results for the three and nine months ended September 30, 2014 and 2013 and assets as of September 30, 2014 and December 31, 2013 based on the Company’s reportable segments are as follows (in millions):


	Three Months Ended September 30,		North				South				Europe/Africa/				Asia/			Consolidated
			America				America				Middle East				Pacific
	2014

	Net sales		$	531.3			$	455			$	1,026.00			$	142.5		$	2,154.80

	Income (loss) from operations		37.3				36.4				57				(1.0		)	129.7

	Depreciation		15.1				7.1				34.1				4.8			61.1

	Capital expenditures		14				14.1				35.7				10			73.8

	2013

	Net sales		$	686.6			$	572.3			$	1,086.40			$	130.6		$	2,475.90

	Income (loss) from operations		78.1				71.9				98.4				(2.6		)	245.8

	Depreciation		13.6				5.8				30.9				2.1			52.4

	Capital expenditures		25				13.5				40.7				10.4			89.6




	Nine Months Ended September 30,		North				South				Europe/Africa/				Asia/			Consolidated
			America				America				Middle East				Pacific
	2014

	Net sales		$	1,865.00			$	1,248.80			$	3,783.80			$	340.9		$	7,238.50

	Income (loss) from operations		188.3				94.2				366				(5.6		)	642.9

	Depreciation		44.5				19.9				104.3				11.7			180.4

	Capital expenditures		50.7				30.6				117.8				30.2			229.3

	2013

	Net sales		$	2,099.70			$	1,578.00			$	3,878.60			$	370.9		$	7,927.20

	Income from operations		271.8				179.9				403				2.1			856.8

	Depreciation		37.8				18.5				90.9				6.6			153.8

	Capital expenditures		52.5				44.1				142.4				24.8			263.8

	Assets
	As of September 30, 2014		$	1,144.90			$	810.1			$	2,415.40			$	408.2		$	4,778.60

	As of December 31, 2013		1,002.80				773.5				2,368.90				289.5			4,434.70


	A reconciliation from the segment information to the consolidated balances for income from operations and total assets is set forth below (in millions):


		Three Months Ended September 30,								Nine Months Ended September 30,
		2014				2013				2014				2013
Segment income from operations	$	129.7			$	245.8			$	642.9			$	856.8

Corporate expenses	(28.7		)		(29.5		)		(88.3		)		(85.5		)
Stock compensation credit (expense)	21				(5.5		)		9.8				(31.9		)

Restructuring and other infrequent expenses	(2.9		)		—				(2.9		)		—

Amortization of intangibles	(10.4		)		(11.8		)		(30.4		)		(35.9		)
Consolidated income from operations	$	108.7			$	199			$	531.1			$	703.5




	30-Sep-14				31-Dec-13
Segment assets	$	4,778.60			$	4,434.70

Cash and cash equivalents	320.9				1,047.20

Receivables from affiliates	145.4				124.3

Investments in affiliates	432.2				416.1

Deferred tax assets, other current and noncurrent assets	640.7				672.2

Intangible assets, net	569.6				565.6

Goodwill	1,226.50				1,178.70

Consolidated total assets	$	8,113.90			$	8,438.80

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies	'
	COMMITMENTS AND CONTINGENCIES

	Off-Balance Sheet Arrangements

	Guarantees

	The Company maintains a remarketing agreement with its U.S. retail finance joint venture, whereby the Company is obligated to repurchase repossessed inventory at market values. The Company has an agreement with its U.S. retail finance joint venture which limits the Company’s purchase obligations under this arrangement to $6.0 million in the aggregate per calendar year. The Company believes that any losses that might be incurred on the resale of this equipment will not materially impact the Company’s financial position or results of operations, due to the fair value of the underlying equipment.

	At September 30, 2014, the Company guaranteed indebtedness owed to third parties of approximately $122.1 million, primarily related to dealer and end-user financing of equipment. Such guarantees generally obligate the Company to repay outstanding finance obligations owed to financial institutions if dealers or end users default on such loans through 2019. The Company believes the credit risk associated with these guarantees is not material to its financial position or results of operations. Losses under such guarantees have historically been insignificant. In addition, the Company generally would expect to be able to recover a significant portion of the amounts paid under such guarantees from the sale of the underlying financed farm equipment, as the fair value of such equipment is expected to be sufficient to offset a substantial portion of the amounts paid.

	Other

	The Company sells a majority of its wholesale receivables in North America and Europe to its 49% owned U.S., Canadian and European retail finance joint ventures. The Company also sells certain accounts receivable under factoring arrangements to financial institutions around the world. The Company reviewed the sale of such receivables and determined that these facilities should be accounted for as off-balance sheet transactions.

	Legal Claims and Other Matters

	On June 27, 2008, the Republic of Iraq filed a civil action in federal court in the Southern District of New York, Case No. 08 CIV 59617, naming as defendants one of the Company’s French subsidiaries and two of its other foreign subsidiaries that participated in the United Nations Oil for Food Program (the “Program”). Ninety-one other entities or companies also were named as defendants in the civil action due to their participation in the Program. The complaint purports to assert claims against each of the defendants seeking damages in an unspecified amount. On February 6, 2013, the federal court dismissed the complaint with prejudice. The plaintiff has appealed the decision and the appellate process is ongoing. Although the Company’s subsidiaries intend to vigorously defend against this action, it is not possible at this time to predict the outcome of this action or its impact, if any, on the Company, although if the outcome was adverse, the Company could be required to pay damages.

	On October 30, 2012, a third-party complaint was filed in federal court in the Southern District of Texas, Case No. 09 CIV 03884, naming as defendants one of the Company’s French subsidiaries and two of its other foreign subsidiaries. Sixty other entities or companies also were named as third-party defendants. The complaint asserts claims against the defendants, certain of which are also third-party plaintiffs, seeking unspecified damages arising from their participation in the Program. The third-party plaintiffs seek contribution from the third-party defendants. On February 12, 2014, the federal court dismissed the third-party complaint with prejudice. The third-party plaintiffs have not appealed this dismissal, but have until after the resolution of the underlying case to do so. Although the Company’s subsidiaries intend to vigorously defend against this action, it is not possible at this time to predict the outcome of the action or its impact, if any, on the Company, although if the outcome was adverse, the Company could be required to pay damages.

	In August 2008, as part of routine audits, the Brazilian taxing authorities disallowed deductions relating to the amortization of certain goodwill recognized in connection with a reorganization of the Company’s Brazilian operations and the related transfer of certain assets to the Company’s Brazilian subsidiaries. The amount of the tax disallowance through September 30, 2014, not including interest and penalties, was approximately 131.5 million Brazilian reais (or approximately $53.8 million). The amount ultimately in dispute will be greater because of interest and penalties. The Company has been advised by its legal and tax advisors that its position with respect to the deductions is allowable under the tax laws of Brazil. The Company is contesting the disallowance and believes that it is not likely that the assessment, interest or penalties will be required to be paid. However, the ultimate outcome will not be determined until the Brazilian tax appeal process is complete, which could take several years.

	The Company is a party to various other legal claims and actions incidental to its business. The Company believes that none of these claims or actions, either individually or in the aggregate, is material to its business or financial statements as a whole, including its results of operations and financial condition.

Basis_of_Presentation_Policies

Basis of Presentation (Policies)	9 Months Ended
Basis of Presentation (Policies)	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements

	In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, “Revenue from Contracts with Customers” (“ASU 2014-09”), which supersedes existing revenue recognition guidance under current U.S. GAAP. ASU 2014-09 outlines a comprehensive, single revenue recognition model that provides a five-step analysis in determining when and how revenue is recognized. The new model will require revenue recognition to depict the transfer of promised goods or services to customers at an amount that reflects the consideration expected to be received in exchange for those goods or services. Additional disclosures will also be required to enable users to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. The standard is effective for reporting periods beginning after December 15, 2016 using either a full retrospective or a modified retrospective approach. Early adoption is not permitted. The Company is currently evaluating the impact of adopting this standard on the Company’s results of operations and financial condition.

	In July 2013, the FASB issued ASU 2013-11, “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists” (“ASU 2013-11”). ASU 2013-11 requires an unrecognized tax benefit, or a portion of an unrecognized tax benefit, to be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward. To the extent a net operating loss carryfoward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position, or the tax law of the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit is presented in the financial statements as a liability and is not combined with deferred tax assets. The standard is effective for fiscal years and interim periods within those years, beginning after December 15, 2013. Early adoption was permitted. The adoption of ASU 2013-11 did not have a material impact on the Company’s results of operations or financial condition.
Derivatives Policy	'
	All derivatives are recognized on the Company’s Condensed Consolidated Balance Sheets at fair value. On the date the derivative contract is entered into, the Company designates the derivative as either (1) a fair value hedge of a recognized liability, (2) a cash flow hedge of a forecasted transaction, (3) a hedge of a net investment in a foreign operation, or (4) a non-designated derivative instrument.

	The Company formally documents all relationships between hedging instruments and hedged items, as well as the risk management objectives and strategy for undertaking various hedge transactions. The Company formally assesses, both at the hedge’s inception and on an ongoing basis, whether the derivatives that are used in hedging transactions are highly effective in offsetting changes in fair values or cash flow of hedged items. When it is determined that a derivative is no longer highly effective as a hedge, hedge accounting is discontinued on a prospective basis.

Acquisitions_Tables

Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2014
Business Combinations [Abstract]	'
Schedule of acquired other identifiable intangible assets	'
	The acquired other identifiable intangible assets of Intersystems as of the date of the acquisition are summarized in the following table (in millions):


	Intangible Asset	Amount		Weighted-Average
				Useful Life
	Customer relationships	$	28	15	years

	Technology	11.3		15	years

	Trademarks	7		16	years

		$	46.3

Stock_Compensation_Plans_Table

Stock Compensation Plans (Tables)	9 Months Ended
Stock Compensation Plans (Tables)	Sep. 30, 2014
Share-based Compensation [Abstract]	'
Stock Compensation Expense	'
	The Company recorded stock compensation (credit) expense as follows for the three and nine months ended September 30, 2014 and 2013 (in millions):


			Three Months Ended September 30,							Nine Months Ended September 30,
			2014				2013			2014			2013
	Cost of goods sold		$	(1.8	)		$	0.4		$	(1.0	)	$	2.3
	Cost of goods sold		$	(1.8	)		$	0.4		$	(1.0	)	$	2.3
	Selling, general and administrative expenses		(21.0		)		5.5			(9.8		)	31.9
	Selling, general and administrative expenses		(21.0		)		5.5			(9.8		)	31.9
	Total stock compensation (credit) expense		$	(22.8	)		$	5.9		$	(10.8	)	$	34.2
	Total stock compensation (credit) expense		$	(22.8	)		$	5.9		$	(10.8	)	$	34.2
Performance Award Transactions	'
	Performance award transactions during the nine months ended September 30, 2014 were as follows and are presented as if the Company were to achieve its maximum levels of performance under the plan:


	Shares awarded but not earned at January 1	2,808,519
	Shares awarded but not earned at January 1	2,808,519
	Shares awarded	887,198
	Shares awarded	887,198
	Shares forfeited or unearned	(123,260	)
	Shares earned	—
	Shares earned	—
	Shares awarded but not earned at September 30	3,572,457
	Shares awarded but not earned at September 30	3,572,457
Weighted Average Grant-Date Fair Value of SSARs and Assumptions Under Black-Scholes Option Model	'
	The weighted average grant-date fair value of SSARs granted under the 2006 Plan and the weighted average assumptions under the Black-Scholes option pricing model were as follows for the nine months ended September 30, 2014 and 2013:


		Nine Months Ended September 30,
		2014				2013
	Weighted average grant-date fair value	$	13.11			$	22.4
	Weighted average grant-date fair value	$	13.11			$	22.4
	Weighted average assumptions under Black-Scholes option pricing model:

	Expected life of awards (years)	3				5.5
	Expected life of awards (years)	3				5.5
	Risk-free interest rate	0.9		%		0.8		%
	Expected volatility	35.7		%		50.5		%
	Expected dividend yield	0.8		%		0.8		%
SSAR Activity	'
	SSAR transactions during the nine months ended September 30, 2014 were as follows:


	SSARs outstanding at January 1		1,094,836
	SSARs outstanding at January 1		1,094,836
	SSARs granted		301,400
	SSARs granted		301,400
	SSARs exercised		(15,550	)
	SSARs canceled or forfeited		(20,631	)
	SSARs outstanding at September 30		1,360,055
	SSARs outstanding at September 30		1,360,055
	SSAR price ranges per share:
	SSAR price ranges per share:
	Granted	$	52.85-55.23
	Granted	$	52.85-55.23
	Exercised		21.45-52.94
	Exercised		21.45-52.94
	Canceled or forfeited		21.45-56.98
	Canceled or forfeited		21.45-56.98
	Weighted average SSAR exercise prices per share:
	Weighted average SSAR exercise prices per share:
	Granted	$	55.2
	Granted	$	55.2
	Exercised		33.17
	Exercised		33.17
	Canceled or forfeited		52.77
	Canceled or forfeited		52.77
	Outstanding at September		48.36
	Outstanding at September		48.36
Schedule Of SSAR Exercise Price Range, Number Of Shares, Weighted Average Exercise Price and Remaining Contractual Lives	'
	The following table sets forth the exercise price range, number of shares, weighted average exercise price and remaining contractual life by groups of similar price as of September 30, 2014:


			SSARs Outstanding								SSARs Exercisable
	Range of Exercise Prices		Number of			Weighted Average		Weighted Average			Number of Shares		Weighted Average
			Shares			Remaining		Exercise Price					Exercise Price
						Contractual Life
						(Years)
	$21.45 – $32.01		153,125			1.4		$	21.89		153,125		$	21.89
	$21.45 – $32.01		153,125			1.4		$	21.89		153,125		$	21.89
	$33.65 – $43.39		125,525			2.4		$	33.88		124,075		$	33.76
	$33.65 – $43.39		125,525			2.4		$	33.88		124,075		$	33.76
	$47.89 – $63.64		1,081,405			4.8		$	53.79		390,848		$	53.45
	$47.89 – $63.64		1,081,405			4.8		$	53.79		390,848		$	53.45
			1,360,055								668,048		$	42.56
			1,360,055								668,048		$	42.56

Goodwill_and_Other_Intangible_1

Goodwill and Other Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of Finite-Lived Intangible Assets by Major Class	'
	Changes in the carrying amount of acquired intangible assets during the nine months ended September 30, 2014 are summarized as follows (in millions):


		Trademarks and			Customer			Patents and			Land Use Rights			Total
		Tradenames			Relationships			Technology
	Gross carrying amounts:

	Balance as of December 31, 2013	$	118.6		$	502.7		$	89.1		$	14.9		$	725.3

	Acquisition	7			28			11.3			—			46.3

	Adjustment	—			—			—			(4.8		)	(4.8		)

	Foreign currency translation	(1.1		)	(8.4		)	(4.2		)	(0.3		)	(14.0		)
	Balance as of September 30, 2014	$	124.5		$	522.3		$	96.2		$	9.8		$	752.8




		Trademarks and			Customer			Patents and			Land Use Rights			Total
		Tradenames			Relationships			Technology
	Accumulated amortization:

	Balance as of December 31, 2013	$	31		$	160.7		$	59		$	2.7		$	253.4

	Amortization expense	4.6			23.4			2.3			0.1			30.4

	Foreign currency translation	(0.4		)	(5.5		)	(4.1		)	(0.1		)	(10.1		)
	Balance as of September 30, 2014	$	35.2		$	178.6		$	57.2		$	2.7		$	273.7

Schedule of Indefinite-lived Intangible Assets by Major Class	'


		Trademarks and
		Tradenames
	Indefinite-lived intangible assets:

	Balance as of December 31, 2013	$	93.7

	Foreign currency translation	(3.2		)
	Balance as of September 30, 2014	$	90.5

Schedule of Goodwill	'
	Changes in the carrying amount of goodwill during the nine months ended September 30, 2014 are summarized as follows (in millions):


		North			South			Europe/Africa/			Asia/			Consolidated
		America			America			Middle East			Pacific
	Balance as of December 31, 2013	$	424		$	190.7		$	506.6		$	57.4		$	1,178.70

	Acquisition	89.6			—			—			—			89.6

	Foreign currency translation	—			(6.4		)	(35.0		)	(0.4		)	(41.8		)

	Balance as of September 30, 2014	$	513.6		$	184.3		$	471.6		$	57		$	1,226.50

Indebtedness_Tables

Indebtedness (Tables)	9 Months Ended
	Sep. 30, 2014
Indebtedness [Abstract]	'
Components Of Indebtedness	'
	Indebtedness consisted of the following at September 30, 2014 and December 31, 2013 (in millions):


		September 30, 2014			December 31, 2013
	11/4% Convertible senior subordinated notes due 2036	$	—		$	201.2

	41/2% Senior term loan due 2016	252.6			275

	57/8% Senior notes due 2021	300			300

	Credit facility, expiring 2019	735			360

	Other long-term debt	133.6			114

		1,421.20			1,250.20

	Less: Current portion of long-term debt	(88.4		)	(110.5		)
	11/4% Convertible senior subordinated notes due 2036	—			(201.2		)

	Total indebtedness, less current portion	$	1,332.80		$	938.5

Inventories_Tables

Inventories (Tables)	9 Months Ended
	Sep. 30, 2014
Inventory Disclosure [Abstract]	'
Schedule of Inventory	'
	Inventories at September 30, 2014 and December 31, 2013 were as follows (in millions):


		September 30, 2014		December 31, 2013
	Finished goods	$	907.9	$	775.7

	Repair and replacement parts	607		550.2

	Work in process	205.5		109

	Raw materials	594.7		581.2

	Inventories, net	$	2,315.10	$	2,016.10

Product_Warranty_Tables

Product Warranty (Tables)	9 Months Ended
	Sep. 30, 2014
Product Warranty [Abstract]	'
Schedule of Warranty Reserve Activity	'
	The warranty reserve activity for the three and nine months ended September 30, 2014 and 2013 consisted of the following (in millions):


		Three Months Ended September 30,						Nine Months Ended September 30,
		2014			2013			2014			2013
	Balance at beginning of period	$	303.9		$	293.8		$	294.9		$	256.9

	Acquisition	0.5			—			0.5			—

	Accruals for warranties issued during the period	51			40.6			149.9			150.1

	Settlements made (in cash or in kind) during the period	(59.3		)	(44.5		)	(150.1		)	(111.6		)
	Foreign currency translation	(13.7		)	7.3			(12.8		)	1.8

	Balance at September 30	$	282.4		$	297.2		$	282.4		$	297.2

Net_Income_Per_Common_Share_Ta

Net Income Per Common Share (Tables)	9 Months Ended
	Sep. 30, 2014
Earnings Per Share [Abstract]	'
Calculation Of Basic And Diluted Earnings Per Share	'
	A reconciliation of net income attributable to AGCO Corporation and its subsidiaries and weighted average common shares outstanding for purposes of calculating basic and diluted net income per share for the three and nine months ended September 30, 2014 and 2013 is as follows (in millions, except per share data):


		Three Months Ended September 30,				Nine Months Ended September 30,
		2014		2013		2014		2013
	Basic net income per share:

	Net income attributable to AGCO Corporation and subsidiaries	$	65	$	126.2	$	332.8	$	457.9

	Weighted average number of common shares outstanding	93.5		97.4		94.2		97.2

	Basic net income per share attributable to AGCO Corporation and subsidiaries	$	0.7	$	1.3	$	3.53	$	4.71

	Diluted net income per share:

	Net income attributable to AGCO Corporation and subsidiaries	$	65	$	126.2	$	332.8	$	457.9

	Weighted average number of common shares outstanding	93.5		97.4		94.2		97.2

	Dilutive SSARs and performance share awards	0.2		0.7		0.3		0.9

	Weighted average assumed conversion of contingently convertible senior subordinated notes	0.1		1.4		0.7		1.2

	Weighted average number of common shares and common share equivalents outstanding for purposes of computing diluted net income per share	93.8		99.5		95.2		99.3

	Diluted net income per share attributable to AGCO Corporation and subsidiaries	$	0.69	$	1.27	$	3.5	$	4.61

Derivative_Instruments_and_Hed1

Derivative Instruments and Hedging Activities (Tables)	9 Months Ended
	Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Summary Of Accumulated Other Comprehensive Loss Related To Derivatives	'
	The following table summarizes the activity in accumulated other comprehensive loss related to the derivatives held by the Company during the nine months ended September 30, 2014 (in millions):


			Before-Tax			Income			After-Tax
			Amount			Tax			Amount
	Accumulated derivative net losses as of December 31, 2013		$	(0.3	)	$	(0.1	)	$	(0.2	)
	Net changes in fair value of derivatives		(1.3		)	0.2			(1.5		)

	Net losses reclassified from accumulated other comprehensive loss into income		0.2			(0.2		)	0.4

	Accumulated derivative net losses as of September 30, 2014		$	(1.4	)	$	(0.1	)	$	(1.3	)

Fair Value Of Derivative Instruments	'
	The table below sets forth the fair value of derivative instruments as of September 30, 2014 (in millions):


		Asset Derivatives as of						Liability Derivatives as of
		30-Sep-14						30-Sep-14
		Balance Sheet		Fair				Balance Sheet	Fair
		Location		Value				Location	Value
	Derivative instruments designated as hedging instruments:

	Foreign currency contracts	Other current assets		$	—			Other current liabilities	$	1.6

	Derivative instruments not designated as hedging instruments:
	Foreign currency contracts	Other current assets		36.1				Other current liabilities	24.4

	Total derivative instruments			$	36.1				$	26


	The table below sets forth the fair value of derivative instruments as of December 31, 2013 (in millions):


		Asset Derivatives as of						Liability Derivatives as of
		December 31, 2013						December 31, 2013
		Balance Sheet		Fair				Balance Sheet	Fair
		Location		Value				Location	Value
	Derivative instruments designated as hedging instruments:

	Foreign currency contracts	Other current assets		$	—			Other current liabilities	$	0.1

	Derivative instruments not designated as hedging instruments:
	Foreign currency contracts	Other current assets		13.9				Other current liabilities	5.3

	Total derivative instruments			$	13.9				$	5.4

Changes_in_Stockholders_Equity1

Changes in Stockholders' Equity and Temporary Equity (Tables)	9 Months Ended
	Sep. 30, 2014
Stockholders' Equity Note [Abstract]	'
Schedule Of Stockholders Equity	'
	The following table sets forth changes in stockholders’ equity and temporary equity attributed to AGCO Corporation and its subsidiaries and to noncontrolling interests for the nine months ended September 30, 2014 (in millions):


		Common				Additional				Retained				Accumulated			Noncontrolling			Total Stockholders’			Temporary Equity
		Stock				Paid-in				Earnings				Other			Interests			Equity
						Capital								Comprehensive
														Loss
	Balance, December 31, 2013	$	1			$	1,117.90			$	3,402.00			$	(510.7	)	$	34.6		$	4,044.80		$	—

	Stock compensation	—				(11.0		)		—				—			—			(11.0		)	—

	Issuance of performance award stock	—				(11.8		)		—				—			—			(11.8		)	—

	SSARs exercised	—				(0.1		)		—				—			—			(0.1		)	—

	Distribution to noncontrolling interest	—				—				—				—			(2.4		)	(2.4		)	—

	Comprehensive income:
	Net income (loss)	—				—				332.8				—			1.2			334			(6.3		)

	Other comprehensive loss, net of reclassification adjustments:
	Foreign currency translation adjustments	—				—				—				(181.2		)	—			(181.2		)	(0.3		)

	Defined benefit pension plans, net of tax	—				—				—				5.6			—			5.6			—

	Unrealized loss on derivatives, net of tax	—				—				—				(1.1		)	—			(1.1		)	—

	Payment of dividends to stockholders	—				—				(30.9		)		—			—			(30.9		)	—

	Purchases and retirement of common stock	(0.1		)		(340.8		)		—				—			—			(340.9		)	—

	Changes in noncontrolling interest	—				(11.7		)		—				—			—			(11.7		)	6.6

	Balance, September 30, 2014	$	0.9			$	742.5			$	3,703.90			$	(687.4	)	$	33.4		$	3,793.30		$	—

Schedule of Comprehensive Income (Loss)	'
	Total comprehensive loss attributable to noncontrolling interests and redeemable noncontrolling interest for the three and nine months ended September 30, 2014 and 2013 was as follows (in millions):


		Three Months Ended September 30,								Nine Months Ended September 30,
		2014				2013				2014				2013
	Net loss	$	(2.5	)		$	(1.0	)		$	(5.1	)		$	(2.5	)
	Other comprehensive loss:
	Foreign currency translation adjustments	—				(0.1		)		(0.3		)		(0.3		)

	Total comprehensive loss	$	(2.5	)		$	(1.1	)		$	(5.4	)		$	(2.8	)
Summary of Accumulated Other Comprehensive (Loss) Income	'
	The following table sets forth changes in accumulated other comprehensive loss by component, net of tax, attributed to AGCO Corporation and its subsidiaries for the nine months ended September 30, 2014 (in millions):


		Defined Benefit Pension Plans				Deferred Net (Losses) Gains on Derivatives				Cumulative Translation Adjustment				Total
	Accumulated other comprehensive loss, December 31, 2013	$	(206.4	)		$	(0.2	)		$	(304.1	)		$	(510.7	)
	Other comprehensive loss before reclassifications	—				(1.5		)		(181.2		)		(182.7		)

	Net losses reclassified from accumulated other comprehensive loss	5.6				0.4				—				6

	Other comprehensive income (loss), net of reclassification adjustments	5.6				(1.1		)		(181.2		)		(176.7		)

	Accumulated other comprehensive loss, September 30, 2014	$	(200.8	)		$	(1.3	)		$	(485.3	)		$	(687.4	)
	The following table summarizes the activity in accumulated other comprehensive loss related to the Company’s defined pension and postretirement benefit plans during the nine months ended September 30, 2014 (in millions):


			Before-Tax				Income				After-Tax
			Amount				Tax				Amount
	Accumulated other comprehensive loss as of December 31, 2013		$	(279.4	)		$	(73.0	)		$	(206.4	)
	Amortization of net actuarial loss		6.6				1.5				5.1

	Amortization of prior service cost		0.8				0.3				0.5

	Accumulated other comprehensive loss as of September 30, 2014		$	(272.0	)		$	(71.2	)		$	(200.8	)
Reclassification Out Of Accumulated Other Comprehensive Loss	'
	The following table sets forth reclassification adjustments out of accumulated other comprehensive loss by component attributed to AGCO Corporation and its subsidiaries for the three and nine months ended September 30, 2014 (in millions):


			Amount Reclassified from Accumulated Other Comprehensive Loss(1)
	Details about Accumulated Other Comprehensive Loss Components		Three months ended September 30, 2014				Nine months ended September 30, 2014				Affected Line Item within the Condensed Consolidated Statements of Operations
	Net losses on cash flow hedges		$	0.3			$	0.2			Cost of goods sold

			0.1				0.2				Income tax provision

	Reclassification net of tax		$	0.4			$	0.4


	Defined benefit pension plans:
	Amortization of net actuarial loss		$	2.2			$	6.6			(2)

	Amortization of prior service cost		0.3				0.8				(2)

	Reclassification before tax		2.5				7.4

			(0.6		)		(1.8		)		Income tax provision
	Reclassification net of tax		$	1.9			$	5.6


	Net losses reclassified from accumulated other comprehensive loss		$	2.3			$	6

	____________________________________

	(1) (Gains) losses included within the Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2014.
	(2) These accumulated other comprehensive loss components are included in the computation of net periodic pension and postretirement benefit cost. See Note 13 to the Company’s Condensed Consolidated Financial Statements.

Employee_Benefit_Plans_Tables

Employee Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 2014
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]	'
Summary of Accumulated Other Comprehensive Income	'
	The following table sets forth changes in accumulated other comprehensive loss by component, net of tax, attributed to AGCO Corporation and its subsidiaries for the nine months ended September 30, 2014 (in millions):


		Defined Benefit Pension Plans				Deferred Net (Losses) Gains on Derivatives				Cumulative Translation Adjustment				Total
	Accumulated other comprehensive loss, December 31, 2013	$	(206.4	)		$	(0.2	)		$	(304.1	)		$	(510.7	)
	Other comprehensive loss before reclassifications	—				(1.5		)		(181.2		)		(182.7		)

	Net losses reclassified from accumulated other comprehensive loss	5.6				0.4				—				6

	Other comprehensive income (loss), net of reclassification adjustments	5.6				(1.1		)		(181.2		)		(176.7		)

	Accumulated other comprehensive loss, September 30, 2014	$	(200.8	)		$	(1.3	)		$	(485.3	)		$	(687.4	)
	The following table summarizes the activity in accumulated other comprehensive loss related to the Company’s defined pension and postretirement benefit plans during the nine months ended September 30, 2014 (in millions):


			Before-Tax				Income				After-Tax
			Amount				Tax				Amount
	Accumulated other comprehensive loss as of December 31, 2013		$	(279.4	)		$	(73.0	)		$	(206.4	)
	Amortization of net actuarial loss		6.6				1.5				5.1

	Amortization of prior service cost		0.8				0.3				0.5

	Accumulated other comprehensive loss as of September 30, 2014		$	(272.0	)		$	(71.2	)		$	(200.8	)
Pension Benefits [Member]	'
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]	'
Net Pension And Postretirement Cost	'
	Net periodic pension and postretirement benefit cost for the Company’s defined pension and postretirement benefit plans for the nine months ended September 30, 2014 and 2013 are set forth below (in millions):


			Nine Months Ended September 30,
	Pension benefits		2014				2013
	Service cost		$	12.9			$	13.7

	Interest cost		28.2				27.4

	Expected return on plan assets		(33.6		)		(29.2		)
	Amortization of net actuarial loss		6.5				8.7

	Amortization of prior service cost		0.6				0.6

	Net periodic pension cost		$	14.6			$	21.2

	Net periodic pension and postretirement benefit cost for the Company’s defined pension and postretirement benefit plans for the three months ended September 30, 2014 and 2013 are set forth below (in millions):


			Three Months Ended September 30,
	Pension benefits		2014				2013
	Service cost		$	4.3			$	4.5

	Interest cost		9.4				9.1

	Expected return on plan assets		(11.2		)		(9.7		)
	Amortization of net actuarial loss		2.1				2.9

	Amortization of prior service cost		0.2				0.2

	Net periodic pension cost		$	4.8			$	7

Postretirement Benefits [Member]	'
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]	'
Net Pension And Postretirement Cost	'


			Three Months Ended September 30,
	Postretirement benefits		2014				2013
	Interest cost		$	0.4			$	0.4

	Amortization of net actuarial loss		0.1				0.1

	Amortization of prior service cost		0.1				0.1

	Net periodic postretirement benefit cost		$	0.6			$	0.6



			Nine Months Ended September 30,
	Postretirement benefits		2014				2013
	Service cost		$	0.1			$	0.1

	Interest cost		1.2				1.3

	Amortization of net actuarial loss		0.1				0.4

	Amortization of prior service cost		0.2				0.2

	Net periodic postretirement benefit cost		$	1.6			$	2

Segment_Reporting_Tables

Segment Reporting (Tables)	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Sales Information By Reportable Segments	'
	Segment results for the three and nine months ended September 30, 2014 and 2013 and assets as of September 30, 2014 and December 31, 2013 based on the Company’s reportable segments are as follows (in millions):


	Three Months Ended September 30,		North			South			Europe/Africa/			Asia/			Consolidated
			America			America			Middle East			Pacific
	2014

	Net sales		$	531.3		$	455		$	1,026.00		$	142.5		$	2,154.80

	Income (loss) from operations		37.3			36.4			57			(1.0		)	129.7

	Depreciation		15.1			7.1			34.1			4.8			61.1

	Capital expenditures		14			14.1			35.7			10			73.8

	2013

	Net sales		$	686.6		$	572.3		$	1,086.40		$	130.6		$	2,475.90

	Income (loss) from operations		78.1			71.9			98.4			(2.6		)	245.8

	Depreciation		13.6			5.8			30.9			2.1			52.4

	Capital expenditures		25			13.5			40.7			10.4			89.6




	Nine Months Ended September 30,		North			South			Europe/Africa/			Asia/			Consolidated
			America			America			Middle East			Pacific
	2014

	Net sales		$	1,865.00		$	1,248.80		$	3,783.80		$	340.9		$	7,238.50

	Income (loss) from operations		188.3			94.2			366			(5.6		)	642.9

	Depreciation		44.5			19.9			104.3			11.7			180.4

	Capital expenditures		50.7			30.6			117.8			30.2			229.3

	2013

	Net sales		$	2,099.70		$	1,578.00		$	3,878.60		$	370.9		$	7,927.20

	Income from operations		271.8			179.9			403			2.1			856.8

	Depreciation		37.8			18.5			90.9			6.6			153.8

	Capital expenditures		52.5			44.1			142.4			24.8			263.8

	Assets
	As of September 30, 2014		$	1,144.90		$	810.1		$	2,415.40		$	408.2		$	4,778.60

	As of December 31, 2013		1,002.80			773.5			2,368.90			289.5			4,434.70

Reconciliation of Income From Operations from Segment to Consolidated	'
	A reconciliation from the segment information to the consolidated balances for income from operations and total assets is set forth below (in millions):


		Three Months Ended September 30,						Nine Months Ended September 30,
		2014			2013			2014			2013
	Segment income from operations	$	129.7		$	245.8		$	642.9		$	856.8

	Corporate expenses	(28.7		)	(29.5		)	(88.3		)	(85.5		)
	Stock compensation credit (expense)	21			(5.5		)	9.8			(31.9		)

	Restructuring and other infrequent expenses	(2.9		)	—			(2.9		)	—

	Amortization of intangibles	(10.4		)	(11.8		)	(30.4		)	(35.9		)
	Consolidated income from operations	$	108.7		$	199		$	531.1		$	703.5

Reconciliation of Assets from Segment to Consolidated	'


		30-Sep-14			31-Dec-13
	Segment assets	$	4,778.60		$	4,434.70

	Cash and cash equivalents	320.9			1,047.20

	Receivables from affiliates	145.4			124.3

	Investments in affiliates	432.2			416.1

	Deferred tax assets, other current and noncurrent assets	640.7			672.2

	Intangible assets, net	569.6			565.6

	Goodwill	1,226.50			1,178.70

	Consolidated total assets	$	8,113.90		$	8,438.80

Acquisitions_Details

Acquisitions (Details)	9 Months Ended		0 Months Ended			0 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 11, 2014	Sep. 11, 2014	Sep. 11, 2014	Aug. 01, 2014
	USD ($)	USD ($)	Santal [Member]	Santal [Member]	Santal [Member]	Intersystems Holdings, Inc. [Member]
			USD ($)	BRL		USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]	'	'	'	'	'	'
Percentage of company acquired	'	'	'	'	39.00%	'
Payments to acquire business	'	'	$3.70	9	'	'
Price paid to acquire business	'	'	'	'	'	134.4
Cash acquired	'	'	'	'	'	4.1
Payments to acquire business, less cash acquired	130.4	0.1	'	'	'	130.3
Intangible assets acquired	46.3	'	'	'	'	46.3
Goodwill acquired	$89.60	'	'	'	'	$89.60

Acquisitions_Schedule_of_Finit

Acquisitions Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination (Details) (USD $)	9 Months Ended		0 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2014	Aug. 01, 2014	Aug. 01, 2014	Aug. 01, 2014	Aug. 01, 2014
		Customer Relationships [Member]	Intersystems Holdings, Inc. [Member]	Intersystems Holdings, Inc. [Member]	Intersystems Holdings, Inc. [Member]	Intersystems Holdings, Inc. [Member]
				Customer Relationships [Member]	Technology-Based Intangible Assets [Member]	Trademarks [Member]
Acquired Finite-Lived Intangible Assets [Line Items]	'	'	'	'	'	'
Intangible assets acquired	$46.30	$28	$46.30	$28	$11.30	$7
Intangible assets acquired, weighted average useful life	'	'	'	'15 years	'15 years	'16 years

Stock_Compensation_Plans_Narra

Stock Compensation Plans (Narrative) (Details) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

0 Months Ended

9 Months Ended

In Millions, except Share data, unless otherwise specified

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Dec. 31, 2013

Sep. 30, 2014

Sep. 30, 2013

Dec. 31, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Apr. 24, 2014

Sep. 30, 2014

2006 Plan [Member]

Performance Shares [Member]

Stock Appreciation Rights (SARs) [Member]

Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Common stock, shares authorized

150,000,000

10,000,000

Weighted average grant-date fair value of performance awards granted, dollars per share

$53.87

$51.01

$13.11

$22.40

Shares awarded

887,198

Share-based compensation cost not yet recognized

$3.50

$10

Share-based compensation, recognition period of unrecognized compensation cost, years

'1 year

'2 years

Stock compensation expense

-22.8

5.9

-10.8

34.2

1.3

1.1

3.9

3.4

1.1

Weighted average remaining contractual life of SSARs outstanding, years

'4 years

Total fair value of SSARs vested

4.4

Number of shares not vested

3,572,457

2,808,519

692,007

Total intrinsic value of outstanding SSARs

5.1

Total intrinsic value of SSARs exercised

$0.30

Weighted-average period for compensation cost expected to be recognized, years

'3 years

Restricted stock issued, shares

18,846

Restricted common stocks issued, shares

14,907

Shares available for grant, shares

2,500,000

Stock_Compensation_Plans_Sched

Stock Compensation Plans (Schedule of Employee Service Share-based Compensation, Allocation of Recognized Costs) (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'	'	'
Stock compensation expense	($22.80)	$5.90	($10.80)	$34.20
Cost of goods sold [Member]	'	'	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'	'	'
Stock compensation expense	-1.8	0.4	-1	2.3
Selling, general and administrative expenses [Member]	'	'	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'	'	'
Stock compensation expense	($21)	$5.50	($9.80)	$31.90

Stock_Compensation_Plans_Perfo

Stock Compensation Plans (Performance Award Transactions) (Details) (Performance Shares [Member])	9 Months Ended
	Sep. 30, 2014
Performance Shares [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward]	'
Shares awarded but not earned, beginning of period	2,808,519
Shares awarded	887,198
Shares forfeited or unearned	-123,260
Shares earned	0
Shares awarded but not earned, end of period	3,572,457

Stock_Compensation_Plans_Weigh

Stock Compensation Plans (Weighted Average Grant-Date Fair Value Of SSARS And Assumptions Under Black-Scholes Option Model) (Details) (Settled Stock Appreciation Rights (SSARs) [Member], USD $)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Settled Stock Appreciation Rights (SSARs) [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Weighted average grant-date fair value, dollars per share	$13.11	$22.40
Weighted average assumptions under Black-Scholes option model:	'	'
Expected life of awards, years	'3 years	'5 years 6 months
Risk-free interest rate, percent	0.90%	0.80%
Expected volatility, percent	35.70%	50.50%
Expected dividend yield, percent	0.80%	0.80%

Stock_Compensation_Plans_SSAR_

Stock Compensation Plans (SSAR Activity) (Details) (Stock Appreciation Rights (SARs) [Member], USD $)	9 Months Ended
	Sep. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding [Roll Forward]	'
SSARs Outstanding, Beginning of Period, shares	1,094,836
SSARs granted, shares	301,400
SSARs exercised, shares	-15,550
SSARs canceled or forfeited, shares	-20,631
SSARs Outstanding, End of Period, shares	1,360,055
Weighted average SSAR exercise prices per share:	'
Granted, dollars per share	$55.20
Exercised, dollars per share	$33.17
Canceled or forfeited, dollars per share	$52.77
Outstanding, dollars per share	$48.36
Minimum [Member]	'
SSAR price ranges per share:	'
Granted, dollars per share	$52.85
Exercised, dollars per share	$21.45
Canceled or forfeited, dollars per share	$21.45
Maximum [Member]	'
SSAR price ranges per share:	'
Granted, dollars per share	$55.23
Exercised, dollars per share	$52.94
Canceled or forfeited, dollars per share	$56.98

Stock_Compensation_Plans_Sched1

Stock Compensation Plans (Schedule Of SSAR Exercise Price Range, Number Of Shares, Weighted Average Exercise Price And Remaining Contractual Lives) (Details) (USD $)	9 Months Ended
	Sep. 30, 2014	Dec. 31, 2013
$21.45 - $32.01 [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Range of Exercise Prices, lower limit, dollars per share	$21.45	'
Range of Exercise Prices, upper limit, dollars per share	$32.01	'
$33.65 - $43.39 [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Range of Exercise Prices, lower limit, dollars per share	$33.65	'
Range of Exercise Prices, upper limit, dollars per share	$43.39	'
$47.89 - $63.64 [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Range of Exercise Prices, lower limit, dollars per share	$47.89	'
Range of Exercise Prices, upper limit, dollars per share	$63.64	'
Stock Appreciation Rights (SARs) [Member]	'	'
SSARs Outstanding	'	'
SSARs Outstanding, shares	1,360,055	1,094,836
Weighted Average Remaining Contractual Life, years	'4 years	'
SSARs Exercisable	'	'
Number of Shares	668,048	'
Weighted Average Exercise Price, dollars per share	$42.56	'
Stock Appreciation Rights (SARs) [Member] \| $21.45 - $32.01 [Member]	'	'
SSARs Outstanding	'	'
SSARs Outstanding, shares	153,125	'
Weighted Average Remaining Contractual Life, years	'1 year 4 months 24 days	'
Weighted Average Exercise Price, dollars per share	$21.89	'
SSARs Exercisable	'	'
Number of Shares	153,125	'
Weighted Average Exercise Price, dollars per share	$21.89	'
Stock Appreciation Rights (SARs) [Member] \| $33.65 - $43.39 [Member]	'	'
SSARs Outstanding	'	'
SSARs Outstanding, shares	125,525	'
Weighted Average Remaining Contractual Life, years	'2 years 4 months 24 days	'
Weighted Average Exercise Price, dollars per share	$33.88	'
SSARs Exercisable	'	'
Number of Shares	124,075	'
Weighted Average Exercise Price, dollars per share	$33.76	'
Stock Appreciation Rights (SARs) [Member] \| $47.89 - $63.64 [Member]	'	'
SSARs Outstanding	'	'
SSARs Outstanding, shares	1,081,405	'
Weighted Average Remaining Contractual Life, years	'4 years 9 months 18 days	'
Weighted Average Exercise Price, dollars per share	$53.79	'
SSARs Exercisable	'	'
Number of Shares	390,848	'
Weighted Average Exercise Price, dollars per share	$53.45	'

Goodwill_and_Other_Intangible_2

Goodwill and Other Intangible Assets (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Gross carrying amounts:	'	'	'	'
Balance at beginning of period	'	'	$725.30	'
Acquisition	'	'	46.3	'
Adjustment	'	'	-4.8	'
Foreign currency translation	'	'	-14	'
Balance at end of period	752.8	'	752.8	'
Accumulated amortization:	'	'	'	'
Balance at beginning of period	'	'	253.4	'
Amortization expense	10.4	11.8	30.4	35.9
Foreign currency translation	'	'	-10.1	'
Balance at end of period	273.7	'	273.7	'
Trademarks and Tradenames [Member]	'	'	'	'
Gross carrying amounts:	'	'	'	'
Balance at beginning of period	'	'	118.6	'
Acquisition	'	'	7	'
Adjustment	'	'	0	'
Foreign currency translation	'	'	-1.1	'
Balance at end of period	124.5	'	124.5	'
Accumulated amortization:	'	'	'	'
Balance at beginning of period	'	'	31	'
Amortization expense	'	'	4.6	'
Foreign currency translation	'	'	-0.4	'
Balance at end of period	35.2	'	35.2	'
Customer Relationships [Member]	'	'	'	'
Gross carrying amounts:	'	'	'	'
Balance at beginning of period	'	'	502.7	'
Acquisition	'	'	28	'
Adjustment	'	'	0	'
Foreign currency translation	'	'	-8.4	'
Balance at end of period	522.3	'	522.3	'
Accumulated amortization:	'	'	'	'
Balance at beginning of period	'	'	160.7	'
Amortization expense	'	'	23.4	'
Foreign currency translation	'	'	-5.5	'
Balance at end of period	178.6	'	178.6	'
Patents and Technology [Member]	'	'	'	'
Gross carrying amounts:	'	'	'	'
Balance at beginning of period	'	'	89.1	'
Acquisition	'	'	11.3	'
Adjustment	'	'	0	'
Foreign currency translation	'	'	-4.2	'
Balance at end of period	96.2	'	96.2	'
Accumulated amortization:	'	'	'	'
Balance at beginning of period	'	'	59	'
Amortization expense	'	'	2.3	'
Foreign currency translation	'	'	-4.1	'
Balance at end of period	57.2	'	57.2	'
Land Use Rights [Member]	'	'	'	'
Gross carrying amounts:	'	'	'	'
Balance at beginning of period	'	'	14.9	'
Acquisition	'	'	0	'
Adjustment	'	'	-4.8	'
Foreign currency translation	'	'	-0.3	'
Balance at end of period	9.8	'	9.8	'
Accumulated amortization:	'	'	'	'
Balance at beginning of period	'	'	2.7	'
Amortization expense	'	'	0.1	'
Foreign currency translation	'	'	-0.1	'
Balance at end of period	$2.70	'	$2.70	'
Maximum [Member]	'	'	'	'
Accumulated amortization:	'	'	'	'
Estimated useful life, years	'	'	'50 years	'
Minimum [Member]	'	'	'	'
Accumulated amortization:	'	'	'	'
Estimated useful life, years	'	'	'5 years	'

Goodwill_and_Other_Intangible_3

Goodwill and Other Intangible Assets (Indefinite-Lived Intangible Assets) (Details) (Trademarks and Tradenames [Member], USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014
Trademarks and Tradenames [Member]	'
Indefinite-lived intangible assets:	'
Balance at beginning of period	$93.70
Foreign currency translation	-3.2
Balance at end of period	$90.50

Goodwill_and_Other_Intangible_4

Goodwill and Other Intangible Assets (Schedule of Goodwill) (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014
Goodwill	'
Goodwill at beginning of period	$1,178.70
Goodwill acquired	89.6
Foreign currency translation	-41.8
Goodwill at end of period	1,226.50
North America [Member]	'
Goodwill	'
Goodwill at beginning of period	424
Goodwill acquired	89.6
Foreign currency translation	0
Goodwill at end of period	513.6
South America [Member]	'
Goodwill	'
Goodwill at beginning of period	190.7
Goodwill acquired	0
Foreign currency translation	-6.4
Goodwill at end of period	184.3
Europe/Africa/Middle East [Member]	'
Goodwill	'
Goodwill at beginning of period	506.6
Goodwill acquired	0
Foreign currency translation	-35
Goodwill at end of period	471.6
Asia/Pacific [Member]	'
Goodwill	'
Goodwill at beginning of period	57.4
Goodwill acquired	0
Foreign currency translation	-0.4
Goodwill at end of period	$57

Indebtedness_Narrative_Details

Indebtedness (Narrative) (Details)

9 Months Ended

3 Months Ended

9 Months Ended

Sep. 30, 2014

Sep. 30, 2013

Dec. 31, 2013

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Jun. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Jun. 30, 2014

Sep. 30, 2014

USD ($)

1 1/4% Convertible Senior Subordinated Notes Due December 15, 2036 [Member]

4 1/2% Senior Unsecured Term Loan Due 2016 [Member]

5 7/8% Senior Notes due 2021 [Member]

Revolving Credit Facility [Member]

Amended and Restated Credit Facility Agreement [Member]

Open Market Transaction [Member]

USD ($)

EUR (€)

USD ($)

Interest Accrual, Option Two [Member]

Line of Credit [Member]

Term Loan Facility [Member]

Revolving Credit Facility [Member]

USD ($)

Interest Accrual, Option Two [Member]

Interest Accrual, Option Three [Member]

Minimum [Member]

Maximum [Member]

USD ($)

Line of Credit [Member]

Interest Accrual, Option One [Member]

Interest Accrual, Option Three [Member]

Interest Accrual, Option One [Member]

Interest Accrual, Option Three [Member]

USD ($)

Variable Basis, Additional Margin [Member]

Debt Instrument [Line Items]

Stock repurchased and retired during period

$340,900,000

$50,900,000

Stock Repurchased and Retired During Period, Average Cost Per Share

$48.46

Stock repurchased and retired during period, shares

1,049,376

Carrying amount

54,300,000

Interest expense on the liability component of convertible debt

2,900,000

900,000

8,800,000

Debt instrument, interest rate, effective percentage

6.10%

Convertible senior subordinated notes conversion price (in dollars per share)

$40.27

Convertible senior subordinated notes, conversion rate

24.8295

Convertible senior subordinated notes, principal amount

1,000

Debt repurchased

49,700,000

Debt Conversion, Converted Instrument, Amount

151,500,000

Excess conversion value of notes

81,000,000

Debt Conversion, Converted Instrument, Amount

201,200,000

Shares issued

1,437,465

Days within trading period required to trigger qualifying event

'20 days

Trading period in which qualifying event must occur

'30 days

Senior notes

252,600,000

275,000,000

300,000,000

Debt Instrument, Face Amount

252,600,000

200,000,000

300,000,000

Margin on variable rate

0.50%

1.00%

0.00%

2.00%

0.50%

Maximum borrowing capacity on line of credit facility

600,000,000

355,000,000

800,000,000

Credit facility

735,000,000

360,000,000

Remaining borrowing capacity on line of credit facility

420,000,000

600,000,000

Long-term debt, estimated fair value

290,500,000

339,800,000

322,100,000

Convertible debt

201,200,000

Outstanding letters of credit

$18,700,000

$16,700,000

Indebtedness_Components_Of_Ind

Indebtedness (Components Of Indebtedness) (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Debt Instrument [Line Items]	'	'
Convertible debt	$0	$201,200,000
Credit facility	735,000,000	360,000,000
Other long-term debt	133,600,000	114,000,000
Total indebtedness	1,421,200,000	1,250,200,000
Less: Current portion of long-term debt	-88,400,000	-110,500,000
Convertible Notes Payable, Current	0	-201,200,000
Total indebtedness, less current portion	1,332,800,000	938,500,000
1 1/4% Convertible Senior Subordinated Notes Due 2036 [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt instrument, interest rate, percent	1.25%	1.25%
Convertible Notes Payable, Current	0	-201,200,000
4 1/2% Senior Unsecured Term Loan Due May 2, 2016 [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt instrument, interest rate, percent	4.50%	4.50%
Senior notes	252,600,000	275,000,000
5 7/8% Senior Notes due 2021 [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt instrument, interest rate, percent	5.88%	5.88%
Senior notes	$300,000,000	$300,000,000

Inventories_Details

Inventories (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Inventory Disclosure [Abstract]	'	'
Finished goods	$907.90	$775.70
Repair and replacement parts	607	550.2
Work in process	205.5	109
Raw materials	594.7	581.2
Inventories, net	$2,315.10	$2,016.10

Product_Warranty_Details

Product Warranty (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Warranty reserve activity:	'	'	'	'	'
Balance at beginning of period	$303.90	$293.80	$294.90	$256.90	'
Acquisition	0.5	0	0.5	0	'
Accruals for warranties issued during the period	51	40.6	149.9	150.1	'
Settlements made (in cash or in kind) during the period	-59.3	-44.5	-150.1	-111.6	'
Foreign currency translation	-13.7	7.3	-12.8	1.8	'
Balance at end of period	282.4	297.2	282.4	297.2	'
Product warranty period, minimum, years	'	'	'1 year	'	'
Product warranty period, maximum, years	'	'	'4 years	'	'
Product warranty accrual, current	241	'	241	'	255.9
Product warranty accrual, noncurrent	$41.40	'	$41.40	'	$39

Net_Income_Per_Common_Share_De

Net Income Per Common Share (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Basic net income per share:	'	'	'	'
Net income attributable to AGCO Corporation and subsidiaries	$65	$126.20	$332.80	$457.90
Weighted average number of common shares outstanding, shares	93.5	97.4	94.2	97.2
Basic net income per share attributable to AGCO Corporation and subsidiaries, dollars per share	$0.70	$1.30	$3.53	$4.71
Diluted net income per share:	'	'	'	'
Dilutive SSARs, performance share awards and restricted stock awards, shares	0.2	0.7	0.3	0.9
Weighted average assumed conversion of contingently convertible senior subordinated notes, shares	0.1	1.4	0.7	1.2
Weighted average number of common shares and common share equivalents outstanding for purposes of computing diluted income per share, shares	93.8	99.5	95.2	99.3
Diluted net income per share attributable to AGCO Corporation and subsidiaries, dollars per share	$0.69	$1.27	$3.50	$4.61
Stock Appreciation Rights (SARs) [Member]	'	'	'	'
Diluted net income per share:	'	'	'	'
SSARs excluded from earnings per share computation, shares	1.1	0.8	1.1	0.8

Income_Taxes_Details

Income Taxes (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]	'	'
Unrecognized income tax benefits that would affect effective tax rate	$130.90	$122.20
Accrued or deferred taxes relating to uncertain income tax positions	58.4	61.9
Accrued interest and penalties relating to unrecognized tax benefits	$16.60	$14.40

Derivative_Instruments_and_Hed2

Derivative Instruments and Hedging Activities (Narrative) (Details) (USD $)	9 Months Ended			3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Dec. 31, 2013
	country	Cash Flow Hedging [Member]	Cash Flow Hedging [Member]	Foreign Currency Contracts [Member]	Foreign Currency Contracts [Member]	Foreign Currency Contracts [Member]	Foreign Currency Contracts [Member]	Designated as Hedging Instrument [Member]	Designated as Hedging Instrument [Member]	Not Designated as Hedging Instrument [Member]	Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Number of countries where products sold, countries (over 140)	140	'	'	'	'	'	'	'	'	'	'
Net gains (losses) reclassified from accumulated other comprehensive loss into income	($0.40)	($0.40)	$0.40	'	'	'	'	'	'	'	'
Derivative, notional amount	'	'	'	'	'	'	'	40.2	50.3	3,137.90	1,288.40
Gain (loss) on derivative instruments not designated as hedging	'	'	'	$7.30	$21.20	$13.20	$8.80	'	'	'	'

Derivative_Instruments_and_Hed3

Derivative Instruments and Hedging Activities (Summary Of Accumulated Other Comprehensive Loss Related To Derivatives) (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014
Before-Tax Amount	'
Accumulated derivative net gains, Beginning Balance	($0.30)
Net changes in fair value of derivatives	-1.3
Net losses reclassified from accumulated other comprehensive loss into income	0.2
Accumulated derivative net gains, Ending Balance	-1.4
Income Tax	'
Accumulated derivative net gains, Beginning Balance	-0.1
Net changes in fair value of derivatives	0.2
Net losses reclassified from accumulated other comprehensive loss into income	-0.2
Accumulated derivative net gains, Ending Balance	-0.1
After-Tax Amount	'
Accumulated derivative net gains, Beginning Balance	-0.2
Net changes in fair value of derivatives	-1.5
Net losses reclassified from accumulated other comprehensive loss into income	0.4
Accumulated derivative net gains, Ending Balance	($1.30)

Derivative_Instruments_and_Hed4

Derivative Instruments and Hedging Activities (Fair Value Of Derivative Instruments) (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Other Current Assets [Member]	'	'
Derivative [Line Items]	'	'
Derivative asset, fair value	$36.10	$13.90
Other Current Liabilities [Member]	'	'
Derivative [Line Items]	'	'
Derivative liability, fair value	26	5.4
Foreign Currency Contracts [Member] \| Designated as Hedging Instrument [Member] \| Other Current Assets [Member]	'	'
Derivative [Line Items]	'	'
Derivative asset, fair value	0	0
Foreign Currency Contracts [Member] \| Designated as Hedging Instrument [Member] \| Other Current Liabilities [Member]	'	'
Derivative [Line Items]	'	'
Derivative liability, fair value	1.6	0.1
Foreign Currency Contracts [Member] \| Not Designated as Hedging Instrument [Member] \| Other Current Assets [Member]	'	'
Derivative [Line Items]	'	'
Derivative asset, fair value	36.1	13.9
Foreign Currency Contracts [Member] \| Not Designated as Hedging Instrument [Member] \| Other Current Liabilities [Member]	'	'
Derivative [Line Items]	'	'
Derivative liability, fair value	$24.40	$5.30

Changes_in_Stockholders_Equity2

Changes in Stockholders' Equity and Temporary Equity (Schedule of Stockholders' Equity) (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Schedule of Stockholders' Equity [Line Items]	'	'	'	'
Balance at beginning of period	'	'	$4,010.20	'
Balance at beginning of period	'	'	34.6	'
Balance at beginning of period	'	'	4,044.80	'
Balance at beginning of period	'	'	0	'
Stock compensation	'	'	-11	'
SSARs exercised	'	'	-0.1	'
Distribution to noncontrolling interest	'	'	-2.4	'
Comprehensive (loss) income:	'	'	'	'
Net income attributable to AGCO Corporation and subsidiaries	65	126.2	332.8	457.9
Net income (loss)	-2.5	-1	-5.1	-2.5
Net income (loss)	'	'	334	'
Other comprehensive (loss) income, net of reclassification adjustments:	'	'	'	'
Foreign currency translation adjustments	'	'	-181.2	'
Foreign currency translation adjustments	0	-0.1	-0.3	-0.3
Defined benefit pension plans, net of tax	1.9	2.5	5.6	7.3
Unrealized loss on derivatives, net of tax	-1	1.3	-1.1	-0.5
Payments of dividends to stockholders	'	'	-30.9	'
Repurchase and retirement of shares	'	'	-340.9	'
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests	'	'	-11.7	'
Balance at end of period	3,759.90	'	3,759.90	'
Balance at end of period	33.4	'	33.4	'
Balance at end of period	3,793.30	'	3,793.30	'
Balance at end of period	0	'	0	'
Temporary Equity [Member]	'	'	'	'
Comprehensive (loss) income:	'	'	'	'
Net income (loss)	'	'	-6.3	'
Other comprehensive (loss) income, net of reclassification adjustments:	'	'	'	'
Foreign currency translation adjustments	'	'	-0.3	'
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests	'	'	6.6	'
Common Stock [Member]	'	'	'	'
Schedule of Stockholders' Equity [Line Items]	'	'	'	'
Balance at beginning of period	'	'	1	'
Other comprehensive (loss) income, net of reclassification adjustments:	'	'	'	'
Repurchase and retirement of shares	'	'	-0.1	'
Balance at end of period	0.9	'	0.9	'
Additional Paid-in Capital [Member]	'	'	'	'
Schedule of Stockholders' Equity [Line Items]	'	'	'	'
Balance at beginning of period	'	'	1,117.90	'
Stock compensation	'	'	-11	'
SSARs exercised	'	'	-0.1	'
Other comprehensive (loss) income, net of reclassification adjustments:	'	'	'	'
Repurchase and retirement of shares	'	'	-340.8	'
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests	'	'	-11.7	'
Balance at end of period	742.5	'	742.5	'
Retained Earnings [Member]	'	'	'	'
Schedule of Stockholders' Equity [Line Items]	'	'	'	'
Balance at beginning of period	'	'	3,402	'
Comprehensive (loss) income:	'	'	'	'
Net income attributable to AGCO Corporation and subsidiaries	'	'	332.8	'
Other comprehensive (loss) income, net of reclassification adjustments:	'	'	'	'
Payments of dividends to stockholders	'	'	-30.9	'
Balance at end of period	3,703.90	'	3,703.90	'
Accumulated Other Comprehensive Loss [Member]	'	'	'	'
Schedule of Stockholders' Equity [Line Items]	'	'	'	'
Balance at beginning of period	'	'	-510.7	'
Other comprehensive (loss) income, net of reclassification adjustments:	'	'	'	'
Foreign currency translation adjustments	'	'	-181.2	'
Defined benefit pension plans, net of tax	'	'	5.6	'
Unrealized loss on derivatives, net of tax	'	'	-1.1	'
Balance at end of period	-687.4	'	-687.4	'
Noncontrolling Interests [Member]	'	'	'	'
Schedule of Stockholders' Equity [Line Items]	'	'	'	'
Balance at beginning of period	'	'	34.6	'
Distribution to noncontrolling interest	'	'	-2.4	'
Comprehensive (loss) income:	'	'	'	'
Net income (loss)	'	'	1.2	'
Other comprehensive (loss) income, net of reclassification adjustments:	'	'	'	'
Balance at end of period	33.4	'	33.4	'
Performance Shares [Member]	'	'	'	'
Schedule of Stockholders' Equity [Line Items]	'	'	'	'
Stock options and SSARs exercised	'	'	-11.8	'
Performance Shares [Member] \| Additional Paid-in Capital [Member]	'	'	'	'
Schedule of Stockholders' Equity [Line Items]	'	'	'	'
Stock options and SSARs exercised	'	'	($11.80)	'

Changes_in_Stockholders_Equity3

Changes in Stockholders' Equity and Temporary Equity (Schedule of Comprehensive Income for Noncontrolling Interest) (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest [Abstract]	'	'	'	'
Net loss	($2.50)	($1)	($5.10)	($2.50)
Other comprehensive loss:	'	'	'	'
Foreign currency translation adjustments	0	-0.1	-0.3	-0.3
Total comprehensive loss	($2.50)	($1.10)	($5.40)	($2.80)

Changes_in_Stockholders_Equity4

Changes in Stockholders' Equity and Temporary Equity (Changes in Accumulated Other Comprehensive Income) (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Roll Forward]	'
Accumulated other comprehensive loss, December 31, 2013	($510.70)
Other comprehensive loss before reclassifications	-182.7
Net losses reclassified from accumulated other comprehensive loss	6
Other comprehensive income (loss), net of reclassification adjustments	-176.7
Accumulated other comprehensive loss, September 30, 2014	-687.4
Defined Benefit Pension Plans [Member]	'
Accumulated Other Comprehensive Income (Loss) [Roll Forward]	'
Accumulated other comprehensive loss, December 31, 2013	-206.4
Other comprehensive loss before reclassifications	0
Net losses reclassified from accumulated other comprehensive loss	5.6
Other comprehensive income (loss), net of reclassification adjustments	5.6
Accumulated other comprehensive loss, September 30, 2014	-200.8
Deferred Gains on Derivatives [Member]	'
Accumulated Other Comprehensive Income (Loss) [Roll Forward]	'
Accumulated other comprehensive loss, December 31, 2013	-0.2
Other comprehensive loss before reclassifications	-1.5
Net losses reclassified from accumulated other comprehensive loss	0.4
Other comprehensive income (loss), net of reclassification adjustments	-1.1
Accumulated other comprehensive loss, September 30, 2014	-1.3
Cumulative Translatoin Adjustment [Member]	'
Accumulated Other Comprehensive Income (Loss) [Roll Forward]	'
Accumulated other comprehensive loss, December 31, 2013	-304.1
Other comprehensive loss before reclassifications	-181.2
Net losses reclassified from accumulated other comprehensive loss	0
Other comprehensive income (loss), net of reclassification adjustments	-181.2
Accumulated other comprehensive loss, September 30, 2014	($485.30)

Changes_in_Stockholders_Equity5

Changes in Stockholders' Equity and Temporary Equity (Reclassifications out of Accumulated Other Comprehensive Income) (Details) (USD $)	3 Months Ended			9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013	Sep. 30, 2014		Sep. 30, 2013
Reclassification out of Accumulated Other Comprehensive Income [Line Items]	'		'	'		'
Cost of goods sold	$1,732.90		$1,919.70	$5,670.20		$6,127.60
Amortization of net actuarial loss	'		'	6.6		'
Amortization of prior service cost	'		'	-0.8		'
Income before income taxes and equity in net earnings of affiliates	-84.7		-173.6	-453.4		-638.1
Income tax provision	34.2		62.5	163.8		219.8
Net income attributable to AGCO Corporation and subsidiaries	-65		-126.2	-332.8		-457.9
Reclassification out of Accumulated Other Comprehensive Income [Member]	'		'	'		'
Reclassification out of Accumulated Other Comprehensive Income [Line Items]	'		'	'		'
Net income attributable to AGCO Corporation and subsidiaries	2.3	[1]	'	6	[1]	'
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Deferred Gains on Derivatives [Member]	'		'	'		'
Reclassification out of Accumulated Other Comprehensive Income [Line Items]	'		'	'		'
Cost of goods sold	0.3	[1]	'	0.2	[1]	'
Income tax provision	0.1	[1]	'	0.2	[1]	'
Net income attributable to AGCO Corporation and subsidiaries	0.4	[1]	'	0.4	[1]	'
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Defined Benefit Pension Plans [Member]	'		'	'		'
Reclassification out of Accumulated Other Comprehensive Income [Line Items]	'		'	'		'
Amortization of net actuarial loss	2.2	[1],[2]	'	6.6	[1],[2]	'
Amortization of prior service cost	0.3	[1],[2]	'	0.8	[1],[2]	'
Income before income taxes and equity in net earnings of affiliates	2.5	[1]	'	7.4	[1]	'
Income tax provision	-0.6	[1]	'	-1.8	[1]	'
Net income attributable to AGCO Corporation and subsidiaries	$1.90	[1]	'	$5.60	[1]	'

[1]	(Gains) losses included within the Condensed Consolidated Statements of Operations for the three and nine months ended SeptemberÂ 30, 2014.
[2]	These accumulated other comprehensive loss components are included in the computation of net periodic pension and postretirement benefit cost. See Note 13 to the Companyâ€™s Condensed Consolidated Financial Statements.

Changes_in_Stockholders_Equity6

Changes in Stockholders' Equity and Temporary Equity (Narrative) (Details) (USD $)	9 Months Ended			0 Months Ended	9 Months Ended
	Sep. 30, 2014	Dec. 31, 2013	Jul. 31, 2012	Nov. 07, 2014	Sep. 30, 2014	Sep. 30, 2014
	Sep. 30, 2014	Dec. 31, 2013	Jul. 31, 2012	Subsequent Event [Member]	Accelerated Share Repurchase [Member]	Open Market Transaction [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'
Stock repurchase program, authorized amount	$550,000,000	$500,000,000	$50,000,000	'	'	'
Stock repurchased and retired during period	340,900,000	'	'	125,000,000	290,000,000	50,900,000
Stock repurchased and retired during period, shares	'	'	'	2,020,785	5,389,119	1,049,376
Stock repurchase program, outstanding balance authorized to be repurchased	$190,500,000	'	'	'	'	'

Accounts_Receivable_Sales_Agre1

Accounts Receivable Sales Agreements (Details) (USD $)	9 Months Ended	12 Months Ended			3 Months Ended		9 Months Ended
	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
	Sep. 30, 2014	Dec. 31, 2013	Corporate Joint Venture [Member]	Corporate Joint Venture [Member]	Other Expenses, Net [Member]	Other Expenses, Net [Member]	Other Expenses, Net [Member]	Other Expenses, Net [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'	'	'	'	'
Joint venture ownership percentage	'	'	49.00%	49.00%	'	'	'	'
Net cash received from receivables sold	$1,200,000,000	$1,300,000,000	'	'	'	'	'	'
Loss on sales of receivables	'	'	'	'	4,800,000	6,700,000	19,000,000	18,800,000
Outstanding accounts receivable associated with retail finance joint ventures in Brazil and Australia	$56,500,000	$68,200,000	'	'	'	'	'	'

Employee_Benefit_Plans_Narrati

Employee Benefit Plans (Narrative) (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014
Defined Benefit Pension Plans [Member]	'
Defined Benefit Plan Disclosure [Line Items]	'
Employer contributions	$32.90
Estimated minimum contributions	42.7
U.S Based Postretirement Health Care and Life Insurance Benefit Plans [Member]	'
Defined Benefit Plan Disclosure [Line Items]	'
Employer contributions	1.3
Estimated minimum contributions	$1.90

Employee_Benefit_Plans_Net_Pen

Employee Benefit Plans (Net Pension And Postretirement Cost) (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Pension Benefits [Member]	'	'	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'	'	'
Service cost	$4.30	$4.50	$12.90	$13.70
Interest cost	9.4	9.1	28.2	27.4
Expected return on plan assets	-11.2	-9.7	-33.6	-29.2
Amortization of net actuarial loss	2.1	2.9	6.5	8.7
Amortization of prior service cost (credit)	0.2	0.2	0.6	0.6
Net periodic pension or postretirement benefit cost	4.8	7	14.6	21.2
Postretirement Benefits [Member]	'	'	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'	'	'
Service cost	'	'	0.1	0.1
Interest cost	0.4	0.4	1.2	1.3
Amortization of net actuarial loss	0.1	0.1	0.1	0.4
Amortization of prior service cost (credit)	0.1	0.1	0.2	0.2
Net periodic pension or postretirement benefit cost	$0.60	$0.60	$1.60	$2

Employee_Benefit_Plans_Net_Per

Employee Benefit Plans (Net Periodic Pension Costs Included in Accumulated Other Comprehensive Income (Loss)) (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014
Before-Tax Amount	'
Accumulated other comprehensive loss, beginning of period	($279.40)
Amortization of net actuarial loss	6.6
Amortization of prior service cost	0.8
Accumulated other comprehensive loss, end of period	-272
Income Tax	'
Accumulated other comprehensive loss, beginning of period	-73
Amortization of net actuarial loss	1.5
Amortization of prior service cost	0.3
Accumulated other comprehensive loss, end of period	-71.2
After-Tax Amount	'
Accumulated other comprehensive loss, beginning of period	-206.4
Amortization of net actuarial loss	5.1
Amortization of prior service costs	0.5
Accumulated other comprehensive loss, end of period	($200.80)

Segment_Reporting_Sales_Inform

Segment Reporting (Sales Information By Reportable Segments) (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
	Sep. 30, 2014	Sep. 30, 2013	reportable_segment	Sep. 30, 2013	Dec. 31, 2013
Segment Reporting Information [Line Items]	'	'	'	'	'
Number of reportable segments, segments	'	'	4	'	'
Net sales	$2,154.80	$2,475.90	$7,238.50	$7,927.20	'
Income (loss) from operations	108.7	199	531.1	703.5	'
Depreciation	'	'	180.4	153.8	'
Capital expenditures	'	'	229.3	263.8	'
Segment assets	8,113.90	'	8,113.90	'	8,438.80
Operating Segments [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Net sales	2,154.80	2,475.90	7,238.50	7,927.20	'
Income (loss) from operations	129.7	245.8	642.9	856.8	'
Depreciation	61.1	52.4	180.4	153.8	'
Capital expenditures	73.8	89.6	229.3	263.8	'
Segment assets	4,778.60	'	4,778.60	'	4,434.70
North America [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Net sales	531.3	686.6	1,865	2,099.70	'
Income (loss) from operations	37.3	78.1	188.3	271.8	'
Depreciation	15.1	13.6	44.5	37.8	'
Capital expenditures	14	25	50.7	52.5	'
Segment assets	1,144.90	'	1,144.90	'	1,002.80
South America [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Net sales	455	572.3	1,248.80	1,578	'
Income (loss) from operations	36.4	71.9	94.2	179.9	'
Depreciation	7.1	5.8	19.9	18.5	'
Capital expenditures	14.1	13.5	30.6	44.1	'
Segment assets	810.1	'	810.1	'	773.5
Europe/ Africa/ Middle East [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Net sales	1,026	1,086.40	3,783.80	3,878.60	'
Income (loss) from operations	57	98.4	366	403	'
Depreciation	34.1	30.9	104.3	90.9	'
Capital expenditures	35.7	40.7	117.8	142.4	'
Segment assets	2,415.40	'	2,415.40	'	2,368.90
Asia/Pacific [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Net sales	142.5	130.6	340.9	370.9	'
Income (loss) from operations	-1	-2.6	-5.6	2.1	'
Depreciation	4.8	2.1	11.7	6.6	'
Capital expenditures	10	10.4	30.2	24.8	'
Segment assets	$408.20	'	$408.20	'	$289.50

Segment_Reporting_Income_From_

Segment Reporting (Income From Operations And Total Assets) (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013	Dec. 31, 2012
Income from Operations	'	'	'	'	'	'
Stock compensation	$21	($5.50)	$9.80	($31.90)	'	'
Restructuring and other infrequent expenses	-2.9	0	-2.9	0	'	'
Amortization of intangibles	-10.4	-11.8	-30.4	-35.9	'	'
Segment income from operations	108.7	199	531.1	703.5	'	'
Total Assets	'	'	'	'	'	'
Segment assets	8,113.90	'	8,113.90	'	8,438.80	'
Cash and cash equivalents	320.9	620.5	320.9	620.5	1,047.20	781.3
Receivables from affiliates	145.4	'	145.4	'	124.3	'
Investments in affiliates	432.2	'	432.2	'	416.1	'
Deferred tax assets, other current and noncurrent assets	640.7	'	640.7	'	672.2	'
Intangible assets, net	569.6	'	569.6	'	565.6	'
Goodwill	1,226.50	'	1,226.50	'	1,178.70	'
Operating Segments [Member]	'	'	'	'	'	'
Income from Operations	'	'	'	'	'	'
Segment income from operations	129.7	245.8	642.9	856.8	'	'
Corporate [Member]	'	'	'	'	'	'
Income from Operations	'	'	'	'	'	'
Corporate expenses	($28.70)	($29.50)	($88.30)	($85.50)	'	'

Commitments_and_Contingencies_

Commitments and Contingencies (Details)	Sep. 30, 2014	Sep. 30, 2014	Oct. 30, 2012	Jun. 27, 2008	Oct. 30, 2012	Jun. 27, 2008	Sep. 30, 2014	Sep. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	USD ($)	BRL	Subsidiaries [Member]	Subsidiaries [Member]	Third Parties [Member]	Third Parties [Member]	Retail Finance Joint Venture [Member]	Corporate Joint Venture [Member]	Corporate Joint Venture [Member]
			defendant	defendant	defendant	defendant	USD ($)
Guarantees [Abstract]	'	'	'	'	'	'	'	'	'
Maximum repossessed inventory purchase obligation with retail joint ventures	'	'	'	'	'	'	$6	'	'
Guaranteed indebtedness owed to third parties	122.1	'	'	'	'	'	'	'	'
Joint venture ownership percentage	'	'	'	'	'	'	'	49.00%	49.00%
Loss Contingency [Abstract]	'	'	'	'	'	'	'	'	'
Number of defendants	'	'	3	3	60	91	'	'	'
Tax disallowance not including interest and penalties	$53.80	131.5	'	'	'	'	'	'	'