AGCO (AGCO) 10-Q 8 Aug 18 2018 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2018	Aug. 03, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	AGCO CORP /DE
Entity Central Index Key	880,266
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		79,118,729

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Current Assets:
Cash and cash equivalents	$ 280.6	$ 367.7
Accounts and notes receivable, net	1,047.1	1,019.4
Inventories, net	2,131.9	1,872.9
Other current assets	384.3	367.7
Total current assets	3,843.9	3,627.7
Property, plant and equipment, net	1,392.9	1,485.3
Investment in affiliates	411.2	409
Deferred tax assets	110.8	112.2
Other assets	153.5	147.1
Intangible assets, net	608.1	649
Goodwill	1,503.7	1,541.4
Total assets	8,024.1	7,971.7
Current Liabilities:
Current portion of long-term debt	17.9	24.8
Short-term borrowings	197.7	90.8
Accounts payable	898.3	917.5
Accrued expenses	1,385.5	1,407.9
Other current liabilities	201.1	209.6
Total current liabilities	2,700.5	2,650.6
Long-term debt, less current portion and debt issuance costs	1,728	1,618.1
Pensions and postretirement health care benefits	230.6	247.3
Deferred tax liabilities	122.6	130.5
Other noncurrent liabilities	244.3	229.9
Total liabilities	5,026	4,876.4
Commitments and contingencies (Note 16)
AGCO Corporation stockholders’ equity:
Preferred stock; $0.01 par value, 1,000,000 shares authorized, no shares issued or outstanding in 2018 and 2017	0	0
Common stock; $0.01 par value, 150,000,000 shares authorized, 79,117,583 and 79,553,825 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively	0.8	0.8
Additional paid-in capital	121.4	136.6
Retained earnings	4,346.1	4,253.8
Accumulated other comprehensive loss	(1,533.5)	(1,361.6)
Total AGCO Corporation stockholders’ equity	2,934.8	3,029.6
Noncontrolling interests	63.3	65.7
Total stockholders’ equity	2,998.1	3,095.3
Total liabilities and stockholders’ equity	$ 8,024.1	$ 7,971.7

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2018	Dec. 31, 2017
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	79,117,583	79,553,825
Common stock, shares outstanding	79,117,583	79,553,825

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Income Statement [Abstract]
Revenue from Contract with Customer, Including Assessed Tax	$ 2,537.6	$ 2,165.2	$ 4,545.1	$ 3,792.8
Cost of Goods and Services Sold	1,981.3	1,689.8	3,560.8	2,987.1
Gross profit	556.3	475.4	984.3	805.7
Selling, general and administrative expenses	271.8	234.6	536.4	457.3
Engineering expenses	93	76.8	183.9	149.9
Restructuring expenses	2.7	0.4	8.6	5.5
Amortization of intangibles	18.2	13.8	33.9	27.2
Bad debt expense	2.5	1.5	2.9	1.8
Income from operations	168.1	148.3	218.6	164
Interest expense, net	21.2	11.3	31.5	22
Other expense, net	27.2	17.6	38.7	30.7
Income before income taxes and equity in net earnings of affiliates	119.7	119.4	148.4	111.3
Income tax provision	38.5	36.9	49.9	48
Income before equity in net earnings of affiliates	81.2	82.5	98.5	63.3
Equity in net earnings of affiliates	9.2	9.1	16.9	20.1
Net income	90.4	91.6	115.4	83.4
Net loss (income) attributable to noncontrolling interests	1	(0.1)	0.3	(2)
Net income attributable to AGCO Corporation and subsidiaries	$ 91.4	$ 91.5	$ 115.7	$ 81.4
Net income per common share attributable to AGCO Corporation and subsidiaries:
Basic, in dollars per share	$ 1.15	$ 1.15	$ 1.46	$ 1.02
Diluted, in dollars per share	1.14	1.14	1.44	1.02
Cash dividends declared and paid per common share, in dollars per share	$ 0.15	$ 0.14	$ 0.30	$ 0.28
Weighted average number of common and common equivalent shares outstanding:
Basic, shares	79.3	79.5	79.4	79.5
Diluted, shares	80.2	80.1	80.3	80.1

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Statement of Comprehensive Income [Abstract]
Net income	$ 90.4	$ 91.6	$ 115.4	$ 83.4
Other comprehensive (loss) income, net of reclassification adjustments:
Foreign currency translation adjustments	(190.4)	(0.7)	(180.7)	42
Defined benefit pension plans, net of tax	3	2.9	6.1	5.8
Unrealized gain on derivatives, net of tax	1.5	2.8	0.6	6.1
Other comprehensive (loss) income, net of reclassification adjustments	(185.9)	5	(174)	53.9
Comprehensive (loss) income	(95.5)	96.6	(58.6)	137.3
Comprehensive loss attributable to noncontrolling interests	3.2	0.9	2.4	(2.6)
Comprehensive (loss) income attributable to AGCO Corporation and subsidiaries	$ (92.3)	$ 97.5	$ (56.2)	$ 134.7

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Cash flows from operating activities:
Net income	$ 115.4	$ 83.4
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation	115.1	108.9
Amortization of intangibles	33.9	27.2
Stock compensation expense	22.5	22.6
Equity in net earnings of affiliates, net of cash received	(13.4)	(5.6)
Deferred income tax (benefit) provision	(14.3)	0.6
Other	1.3	1.8
Changes in operating assets and liabilities:
Accounts and notes receivable, net	(83)	(94.3)
Inventories, net	(396.3)	(316.5)
Other current and noncurrent assets	(47.3)	(48.4)
Accounts payable	7.9	120.6
Accrued expenses	6.7	9.9
Other current and noncurrent liabilities	47.2	23.4
Total adjustments	(319.7)	(149.8)
Net cash used in operating activities	(204.3)	(66.4)
Cash flows from investing activities:
Purchases of property, plant and equipment	(89.8)	(92.3)
Proceeds from sale of property, plant and equipment	2.3	1.6
Investments in unconsolidated affiliates	(5.8)	(0.8)
Other	0.4	0
Net cash used in investing activities	(92.9)	(91.5)
Cash flows from financing activities:
Proceeds from indebtedness	2,555.7	1,966.6
Repayments of indebtedness	(2,273.6)	(1,911.8)
Purchases and retirement of common stock	(34.3)	0
Payment of dividends to stockholders	(23.8)	(22.2)
Payment of minimum tax withholdings on stock compensation	(3.5)	(4)
Investments by noncontrolling interests	0	0.2
Net cash provided by financing activities	220.5	28.8
Effects of exchange rate changes on cash and cash equivalents	(10.4)	17.2
Decrease in cash and cash equivalents	(87.1)	(111.9)
Cash and cash equivalents, beginning of period	367.7	429.7
Cash and cash equivalents, end of period	$ 280.6	$ 317.8

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2018
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 (loss) 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, 2017 . Results for interim periods are not necessarily indicative of the results for the year. The Company has a wholly-owned subsidiary in Argentina that manufactures and distributes agricultural equipment and replacement parts within Argentina. As of June 30, 2018, on the basis of currently available data related to inflation indices and as a result of the devaluation of the Argentine peso relative to the United States dollar, the Argentinian economy was determined to be highly inflationary. A highly inflationary economy is one where the cumulative inflation rate for the three years preceding the beginning of the reporting period, including interim reporting periods, is in excess of 100 percent. In accordance with this designation and based on the guidance in ASC 830, “Foreign Currency Matters”, the Company plans to change the functional currency of its wholly-owned subsidiary from the Argentinian peso to the U.S. dollar effective July 1, 2018. For the six months ended June 30, 2018, the Company’s wholly-owned subsidiary in Argentina had net sales of approximately $49.2 million and total assets of approximately $118.8 million as of June 30, 2018 . Recent Accounting Pronouncements In February 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2018-02, “Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income” (“ASU 2018-02”), which allows for the election to reclassify the disproportionate income tax effects of the Tax Cuts and Jobs Act (the “2017 Tax Act”)on items within accumulated other comprehensive income (loss) to retained earnings. These disproportionate income tax effect items are referred to as “stranded tax effects.” The amendments within ASU 2018-02 only relate to the reclassification of the income tax effects of the 2017 Tax Act. Certain disclosures are required in the period of adoption as to whether an entity has elected to reclassify the stranded tax effects. ASU 2018-02 is effective for annual periods beginning after December 15, 2018, and interim periods within those annual periods. The standard should be applied either in the period of adoption or retrospectively to each period in which the effect of the change in the U.S. corporate income tax rate in the 2017 Tax Act is recognized. Early adoption is permitted for any interim or annual period. The Company is currently evaluating the impact of adopting this standard on the Company’s results of operations, financial condition and cash flows, but does not expect the impact to be material. In August 2017, the FASB issued ASU 2017-12, “Targeted Improvements to Accounting for Hedging Activities” (“ASU 2017-12”), which aligns an entity’s risk management activities and financial reporting for hedge relationships through changes to both the designation and measurement guidance for qualifying hedging relationships and the presentation of hedge results. The amendments include 1) the ability to apply hedge accounting for risk components in hedging relationships involving nonfinancial risk and interest rate risk, 2) new alternatives for measuring the hedged item for fair value hedges of interest rate risk, 3) elimination of the requirement to separately measure and report hedge ineffectiveness, 4) requirement to present the earnings effect of the hedging instrument in the same income statement line in which the earnings effect of the hedged item is reported and 5) less stringent requirements for effectiveness testing, hedge documentation and applying the critical terms match method. ASU 2017-12 is effective for annual periods beginning after December 15, 2018, and interim periods within those annual periods using a prospective approach. Early adoption is permitted for any interim or annual period. The amendments should be applied to existing hedging relationships on the date of adoption. The Company adopted ASU 2017-12 on January 1, 2018. The standard did not have a material impact on the Company’s results of operations, financial condition and cash flows. In March 2017, the FASB issued ASU 2017-07, “Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost” (“ASU 2017-07”), which requires the service cost component of net periodic pension and postretirement benefit cost be included in the same line item as other compensation costs arising from services rendered by employees. The other components of net periodic pension and postretirement benefit cost are required to be classified outside the subtotal of income from operations. Of the components of net periodic pension and postretirement benefit cost, only the service cost component will be eligible for asset capitalization. ASU 2017-07 is effective for annual periods beginning after December 15, 2017, and interim periods within those annual periods, using a retrospective approach for the presentation of the service cost component and other components of net periodic pension and postretirement benefit cost in the statement of operations; and a prospective approach for the capitalization of the service cost component of net periodic pension and postretirement benefit cost in assets. Early adoption is permitted for any interim or annual period. ASU 2017-07 allows a practical expedient for applying the retrospective presentation requirements. The Company adopted ASU 2017-07 on January 1, 2018 and retrospectively applied the standard to the presentation of the other components of net periodic pension and postretirement benefit costs in the Company’s Condensed Consolidated Statements of Operations. As part of the adoption, the Company elected to use the practical expedient, which allowed the Company to use the information previously disclosed as the basis for applying the retrospective presentation requirements of the standard. For the three months ended June 30, 2017 , the Company reclassified approximately $0.1 million of income related to the other components of net periodic pension and postretirement costs from “Selling, general and administrative expenses” and “Engineering expenses” to “Other expenses, net.” For the six months ended June 30, 2017 , there was no net impact to “Selling, general and administrative expenses,” “Engineering expenses” or “Other expenses, net” as a result of the restrospective application of ASU 2017-07. In January 2017, the FASB issued ASU 2017-04, “Simplifying the Test for Goodwill Impairment” (“ASU 2017-04”), which eliminates Step 2 from the goodwill impairment test. Under the standard, an entity should perform its goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount, resulting in an impairment charge that is the amount by which the carrying amount exceeds the reporting unit’s fair value. The impairment charge, however, should not exceed the total amount of goodwill allocated to a reporting unit. The impairment assessment under ASU 2017-04 applies to all reporting units, including those with a zero or negative carrying amount. ASU 2017-04 is effective for annual periods beginning after December 15, 2019, and interim periods within those annual periods using a prospective approach. Early adoption is permitted for any interim or annual goodwill impairment test performed on testing dates after January 1, 2017. The Company is currently evaluating the impact of adopting this standard on the Company’s results of operations, financial condition and cash flows, but does not expect the impact to be material. In June 2016, the FASB issued ASU 2016-13, “Measurement of Credit Losses on Financial Instruments” (“ASU 2016-13”), which requires measurement and recognition of expected versus incurred credit losses for financial assets held. ASU 2016-13 is effective for annual periods beginning after December 15, 2019, and interim periods within those annual periods. This standard will likely impact the results of operations and financial condition of the Company’s finance joint ventures and as a result, will likely impact the Company’s “Investment in affiliates” and “Equity in net earnings of affiliates” upon adoption. The Company’s finance joint ventures are currently evaluating the standard’s impact to their results of operations and financial condition. In February 2016, the FASB issued ASU 2016-02, “Leases” (“ASU 2016-02”), which supersedes the existing lease guidance under current U.S. GAAP. ASU 2016-02 is based on the principle that entities should recognize assets and liabilities arising from leases. The standard does not significantly change the lessees’ recognition, measurement and presentation of expenses and cash flows from the previous accounting standard and leases continue to be classified as finance or operating. ASU 2016-02’s primary change is the requirement for entities to recognize a lease liability for payments and a right-of-use asset representing the right to use the leased asset during the term of an operating lease arrangement. Lessees are permitted to make an accounting policy election to not recognize the asset and liability for leases with a term of 12 months or less. Lessors’ accounting under the standard is largely unchanged from the previous accounting standard. In addition, ASU 2016-02 expands the disclosure requirements of lease arrangements. The standard is effective for reporting periods beginning after December 15, 2018, and interim periods within those annual periods. Early adoption is permitted. Upon adoption, lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. In July 2018, the FASB issued ASU 2018-11, “Targeted Improvements”, which allows for a new, optional transition method that provides the option to use the effective date as the date of initial application on transition. Under this option, the comparative periods would continue to apply the legacy guidance in Accounting Standard Codification (“ASC”) 840, including the disclosure requirements, and a cumulative effect adjustment would be recognized in the period of adoption rather than the earliest period presented. The Company is currently evaluating the impact of adopting this standard on the Company’s results of operations, financial condition and cash flows, but the Company has elected not to early adopt the standard for the year ended December 31, 2018. In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers” (“ASU 2014-09”), which provides a single, comprehensive revenue recognition model for all contracts with customers with a five-step analysis in determining when and how revenue is recognized. The new model requires 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 also are required to enable users to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers, including significant judgments and changes in those judgments. Entities have the option to apply the new standard under a full retrospective approach to each prior reporting period presented, or a modified retrospective approach with the cumulative effect of initial adoption and application within the Condensed Consolidated Statement of Stockholders’ Equity. The Company adopted ASU 2014-09 with an application date of January 1, 2018 using the modified retrospective approach. Under this method, the Company recognized the cumulative effect of initially applying ASU 2014-09 as an adjustment to the opening balance of stockholders’ equity as of January 1, 2018 within “Retained earnings.” The cumulative effect was approximately $0.4 million , which was related to the recognition of contract assets and contract liabilities for the value of the expected replacement parts returns. The comparative information has not been adjusted and continues to be reported under ASU 2009-13, “Revenue Recognition.” The details of the significant changes and quantitative impact of the changes are discussed below. The Company has enhanced its accounting policies and practices, business processes, systems and controls, as well as designed and implemented specific internal controls over the implementation and adherence to the standard, including new disclosure requirements. Replacement Parts Returns The Company has various promotional and annual return programs with respect to the sale of replacement parts whereby the Company’s dealers, distributors and other customers can return specified replacement parts pursuant to such programs. The Company previously recognized revenue for the sale of replacement parts and recorded a corresponding provision for the amount of expected returns at the time of sale. Pursuant to the adoption of ASU 2014-09, the Company recognized a contract asset for the right to recover returned replacement parts at cost, reflected within “Other current assets” in the Company’s Condensed Consolidated Balance Sheets. Conversely, the provision for expected returns is recorded at the sales value of expected returns, reflected as a contract liability within “Accrued expenses.” The Company’s estimates of returns are based on the terms of the promotional and annual return programs and anticipated returns in the future. The following table summarizes the impact of adopting ASU 2014-09 on the Company’ s Condensed Consolidated Balance Sheet as of June 30, 2018 (in millions): As Reported Balances Without Adoption of ASU 2014-09 Increase (Decrease) Due to Adoption Assets Accounts and notes receivable, net $ 1,047.1 $ 1,046.9 $ 0.2 Other current assets 384.3 373.0 11.3 Total current assets 3,843.9 3,832.4 11.5 Total assets 8,024.1 8,012.6 11.5 Liabilities and Stockholders’ Equity Accrued expenses $ 1,385.5 $ 1,373.3 $ 12.2 Total current liabilities 2,700.5 2,688.3 12.2 Retained earnings 4,346.1 4,346.8 (0.7 ) Total stockholder’s equity 2,998.1 2,998.8 (0.7 ) Total liabilities and stockholder’s equity 8,024.1 8,012.6 11.5 The impact of adopting ASU 2014-09 on the Condensed Consolidated Statement of Operations and Condensed Consolidated Statement of Cash Flows for the three and six months ended June 30, 2018 was not material.

Restructuring Expenses

Restructuring Expenses	3 Months Ended
	Jun. 30, 2018
Restructuring and Related Activities [Abstract]
Restructuring and Related Activities Disclosure	RESTRUCTURING EXPENSES Beginning in 2014 through 2018, the Company announced and initiated several actions to rationalize employee headcount at various manufacturing facilities and various administrative offices located in Europe, South America, China and the United States in order to reduce costs in response to softening global market demand and lower production volumes. The aggregate headcount reduction was approximately 3,370 employees between 2014 and 2017. During the six months ended June 30, 2018 , the Company recorded severance and related costs associated with further rationalizations in Europe, South America and the United States, in connection with the termination of approximately 340 employees. Restructuring expenses activity during the six months ended June 30, 2018 is summarized as follows (in millions): Write-down of Property, Plant and Equipment Employee Severance Total Balance as of December 31, 2017 $ — $ 10.9 $ 10.9 First quarter 2018 provision — 5.9 5.9 First quarter 2018 cash activity — (3.7 ) (3.7 ) Foreign currency translation — 0.1 0.1 Balance as of March 31, 2018 — 13.2 13.2 Second quarter 2018 provision 0.3 2.4 2.7 Less: Non-cash activity (0.3 ) — (0.3 ) Cash expense — 2.4 2.4 Second quarter 2018 cash activity — (4.7 ) (4.7 ) Foreign currency translation — (0.8 ) (0.8 ) Balance as of June 30, 2018 $ — $ 10.1 $ 10.1

Stock Compensation Plans

Stock Compensation Plans	6 Months Ended
	Jun. 30, 2018
Share-based Compensation [Abstract]
Stock Compensation Plans	STOCK COMPENSATION PLANS The Company recorded stock compensation expense as follows for the three and six months ended June 30, 2018 and 2017 (in millions): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Cost of goods sold $ 1.1 $ 1.0 $ 1.9 $ 1.6 Selling, general and administrative expenses 12.5 9.8 20.9 21.2 Total stock compensation expense $ 13.6 $ 10.8 $ 22.8 $ 22.8 Stock Incentive Plan Under the Company’s 2006 Long Term Incentive Plan (the “2006 Plan”), up to 10,000,000 shares of AGCO common stock may be issued. As of June 30, 2018 , of the 10,000,000 shares reserved for issuance under the 2006 Plan, approximately 3,498,486 shares were available for grant, assuming the maximum number of shares are earned related to the performance award grants discussed below. 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, restricted stock units and restricted stock awards to employees, officers and non-employee directors of the Company. Long-Term Incentive Plan and Related Performance Awards The weighted average grant-date fair value of performance awards granted under the 2006 Plan during the six months ended June 30, 2018 and 2017 was $71.40 and $61.83 , respectively. During the six months ended June 30, 2018 , the Company granted 441,740 performance awards related to varying performance periods. The awards granted assume the maximum target level of performance is achieved, as applicable. 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 six months ended June 30, 2018 were as follows and are presented as if the Company were to achieve its maximum levels of performance under the plan awards: Shares awarded but not earned at January 1 1,645,078 Shares awarded 441,740 Shares forfeited (42,900 ) Shares earned — Shares awarded but not earned at June 30 2,043,918 As of June 30, 2018 , 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 $47.6 million , and the weighted average period over which it is expected to be recognized is approximately two years. The compensation cost not yet recognized could be higher or lower based on actual achieved levels of performance. Restricted Stock Unit Awards During the six months ended June 30, 2018 , the Company granted 110,404 restricted stock unit (“RSU”) awards. These awards entitle the participant to receive one share of the Company’s common stock for each RSU granted and vest one-third per year over a three -year requisite service period. The compensation expense associated with these awards is amortized ratably over the requisite service period for the awards that are expected to vest. The weighted average grant-date fair value of the RSUs granted under the 2006 Plan during the six months ended June 30, 2018 and 2017 was $71.40 and $61.83 , respectively. RSU transactions during the six months ended June 30, 2018 were as follows: Shares awarded but not vested at January 1 237,468 Shares awarded 110,404 Shares forfeited (5,178 ) Shares vested (117,172 ) Shares awarded but not vested at June 30 225,522 As of June 30, 2018 , the total compensation cost related to the unvested RSUs not yet recognized was approximately $11.2 million , and the weighted average period over which it is expected to be recognized is approximately two years. Stock-Settled Appreciation Rights Compensation expense associated with the stock-settled appreciation rights (“SSAR”) awards is amortized ratably over the requisite service period for the awards that are expected to vest. The Company estimated the fair value of the grants using the Black-Scholes option pricing model. SSAR transactions during the six months ended June 30, 2018 were as follows: SSARs outstanding at January 1 1,060,192 SSARs granted 157,700 SSARs exercised (80,475 ) SSARs canceled or forfeited (7,400 ) SSARs outstanding at June 30 1,130,017 As of June 30, 2018 , the total compensation cost related to the unvested SSARs not yet recognized was approximately $5.1 million , and the weighted average period over which it is expected to be recognized is approximately three years. 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 2018 grant was made on April 26, 2018 and equated to 17,226 shares of common stock, of which 12,629 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 six months ended June 30, 2018 associated with this grant.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 30, 2018
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 six months ended June 30, 2018 are summarized as follows (in millions): Trademarks and Tradenames Customer Relationships Patents and Technology Land Use Rights Total Gross carrying amounts: Balance as of December 31, 2017 $ 208.4 $ 600.4 $ 160.0 $ 9.1 $ 977.9 Foreign currency translation (3.1 ) (10.1 ) (2.7 ) (0.2 ) (16.1 ) Balance as of June 30, 2018 $ 205.3 $ 590.3 $ 157.3 $ 8.9 $ 961.8 Trademarks and Tradenames Customer Relationships Patents and Technology Land Use Rights Total Accumulated amortization: Balance as of December 31, 2017 $ 61.4 $ 279.7 $ 73.4 $ 3.0 $ 417.5 Amortization expense and impairment charge 8.1 20.5 5.2 0.1 33.9 Foreign currency translation (1.0 ) (7.2 ) (1.9 ) — (10.1 ) Balance as of June 30, 2018 $ 68.5 $ 293.0 $ 76.7 $ 3.1 $ 441.3 Trademarks and Tradenames Indefinite-lived intangible assets: Balance as of December 31, 2017 $ 88.6 Foreign currency translation (1.0 ) Balance as of June 30, 2018 $ 87.6 The Company currently amortizes certain acquired intangible assets, primarily on a straight-line basis, over their estimated useful lives, which range from three to 50 years. Changes in the carrying amount of goodwill during the six months ended June 30, 2018 are summarized as follows (in millions): North America South America Europe/Middle East Asia/ Pacific/Africa Consolidated Balance as of December 31, 2017 $ 611.1 $ 136.4 $ 671.0 $ 122.9 $ 1,541.4 Adjustment — — 1.9 — 1.9 Foreign currency translation — (19.3 ) (18.2 ) (2.1 ) (39.6 ) Balance as of June 30, 2018 $ 611.1 $ 117.1 $ 654.7 $ 120.8 $ 1,503.7 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	6 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Indebtedness	INDEBTEDNESS Long-term debt consisted of the following at June 30, 2018 and December 31, 2017 (in millions): June 30, 2018 December 31, 2017 1.056% Senior term loan due 2020 $ 232.9 $ 239.8 Credit facility, expiring 2020 799.9 471.2 Senior term loans due 2021 116.4 119.9 5 7 / 8 % Senior notes due 2021 115.9 305.3 Senior term loans due between 2019 and 2026 436.6 449.7 Other long-term debt 46.8 61.0 Debt issuance costs (2.6 ) (4.0 ) 1,745.9 1,642.9 Less: Current portion of other long-term debt (17.9 ) (24.8 ) Total long-term debt, less current portion $ 1,728.0 $ 1,618.1 1.056% Senior Term Loan In December 2014, the Company entered into a term loan with the European Investment Bank, which provided the Company with the ability to borrow up to €200.0 million . The €200.0 million (or approximately $232.9 million as of June 30, 2018 ) of funding was received on January 15, 2015 with a maturity date of January 15, 2020. The Company has the ability to prepay the term loan before its maturity date. Interest is payable on the term loan at 1.056% per annum, payable quarterly in arrears. Credit Facility The Company’s revolving credit and term loan facility consists of an $800.0 million multi-currency revolving credit facility and a €312.0 million (or approximately $363.3 million as of June 30, 2018 ) term loan facility. The maturity date of the credit facility is June 26, 2020. Under the credit facility agreement, interest accrues on amounts outstanding, at the Company’s option, depending on the currency borrowed, at either (1) LIBOR or EURIBOR plus a margin ranging from 1.0% to 1.75% 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 U.S. dollars plus 1.0% plus a margin ranging from 0.0% to 0.25% based on the Company’s leverage ratio. As is more fully described in Note 10 , the Company entered into an interest rate swap in 2015 to convert the term loan facility’s floating interest rate to a fixed interest rate of 0.33% plus the applicable margin over the remaining life of the term loan facility. As of June 30, 2018 , the Company had $799.9 million of outstanding borrowings under the credit facility and the ability to borrow approximately $363.4 million under the facility. Approximately $436.6 million was outstanding under the multi-currency revolving credit facility and €312.0 million (or approximately $363.3 million ) was outstanding under the term loan facility as of June 30, 2018 . As of December 31, 2017 , approximately $97.0 million was outstanding under the Company’s multi-currency revolving credit facility, and the Company had the ability to borrow approximately $703.0 million under the facility. Approximately €312.0 million (or approximately $374.2 million ) was outstanding under the term loan facility as of December 31, 2017 . During 2015, the Company designated its €312.0 million ( $363.3 million as of June 30, 2018 ) term loan facility as a hedge of its net investment in foreign operations to offset foreign currency translation gains or losses on the net investment. See Note 10 for additional information about the net investment hedge. Senior Term Loans Due 2021 In April 2016, the Company entered into two term loan agreements with Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. (“Rabobank”), in the amount of €100.0 million and €200.0 million , respectively. The provisions of the two term loans were identical in nature. In December 2017, the Company repaid its €200.0 million (or approximately $239.8 million ) term loan. The Company's €100.0 million (or approximately $116.4 million as of June 30, 2018 ) remains outstanding. The Company had the ability to prepay the term loans before their maturity date on April 26, 2021. Interest is payable on the remaining term loan per annum, paid quarterly in arrears, equal to the EURIBOR plus a margin ranging from 1.0% to 1.75% based on the Company’s net leverage ratio. 5 7 / 8 % Senior Notes The Company’s 5 7 / 8 % senior notes due December 1, 2021 constitute senior unsecured and unsubordinated indebtedness. Interest is payable on the notes semi-annually in arrears. 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. As is more fully described in Note 10 , the Company entered into an interest rate swap in 2015 to convert the senior notes’ fixed interest rate to a floating interest rate over the remaining life of the senior notes. During 2016, the Company terminated the interest rate swap. As a result, the Company recorded a deferred gain of approximately $7.3 million associated with the termination, which is being amortized as a reduction to “Interest expense, net” over the remaining term of the 5 7 / 8 % senior notes through December 1, 2021. In May 2018, the Company completed a cash tender offer to purchase any and all of its outstanding 5 7 / 8 % senior notes at a cash purchase price of $1,077.50 per $1,000.00 of senior notes. As a result of the tender offer, the Company repurchased approximately $185.9 million of principal amount of the senior notes for approximately $200.3 million , plus accrued interest. The repurchase resulted in a loss on extinguishment of debt of approximately $15.7 million , including associated fees. The Company also recorded approximately $3.0 million of accelerated amortization of the deferred gain related to the terminated interest rate swap instrument associated with the senior notes discussed above. Both the loss on extinguishment and the accelerated amortization were reflected in “Interest expense, net,” for the three and six months ended June 30, 2018 . As of June 30, 2018 and December 31, 2017 , the unamortized portion of the deferred gain was approximately $1.8 million and $5.3 million , respectively. The amortization for the three and six months ended June 30, 2018 was approximately $3.2 million and $3.5 million , respectively. The amortization for the three and six months ended June 30, 2017 was approximately $0.4 million and $0.7 million , respectively. Senior Term Loans Due Between 2019 and 2026 The Company has an aggregate amount of indebtedness of €375.0 million (or approximately $436.6 million as of June 30, 2018 ) through a group of seven related term loan agreements. The provisions of the term loan agreements are identical in nature, with the exception of interest rate terms and maturities. The Company has the ability to prepay the term loans before their maturity dates. Interest is payable on the term loans in arrears either semi-annually or annually as provided below (in millions): Maturity Date Floating or Fixed Interest Rate Interest Rate Interest Payment Term Loan Amount October 19, 2019 Floating EURIBOR + 0.75% Semi-Annually € 1.0 October 19, 2019 Fixed 0.75% Annually 55.0 October 19, 2021 Floating EURIBOR + 1.00% Semi-Annually 25.5 October 19, 2021 Fixed 1.00% Annually 166.5 October 19, 2023 Floating EURIBOR + 1.25% Semi-Annually 1.0 October 19, 2023 Fixed 1.33% Annually 73.5 October 19, 2026 Fixed 1.98% Annually 52.5 € 375.0 Senior Term Loans Due Between 2021 and 2028 On August 1, 2018, the Company borrowed an aggregate amount of indebtedness of €338.0 million (or approximately $394.7 million ) through a group of seven related term loan agreements. Proceeds from the borrowings were used to repay borrowings under the Company’s revolving credit facility. The provisions of the term loan agreements are identical in nature, with the exception of interest rate terms and maturities. The Company has the ability to prepay the term loans before their maturity dates. Interest is payable on the term loans in arrears either semi-annually or annually as provided below (in millions): Maturity Date Floating or Fixed Interest Rate Interest Rate Interest Payment Term Loan Amount August 1, 2021 Floating EURIBOR + 0.70% Semi-Annually € 32.0 August 1, 2021 Fixed 0.70% Annually 40.0 August 1, 2023 Floating EURIBOR + 0.90% Semi-Annually 72.5 August 1, 2023 Fixed 1.20% Annually 99.5 August 1, 2025 Floating EURIBOR + 1.10% Semi-Annually 30.5 August 1, 2025 Fixed 1.67% Annually 32.5 August 1, 2028 Fixed 2.26% Annually 31.0 € 338.0 Short-Term Borrowings As of June 30, 2018 and December 31, 2017 , the Company had short-term borrowings due within one year of approximately $197.7 million and $90.8 million , respectively, primarily in China, Brazil and Europe. 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 June 30, 2018 and December 31, 2017 , outstanding letters of credit totaled $14.1 million and $15.2 million , respectively.

Inventories

Inventories	6 Months Ended
	Jun. 30, 2018
Inventory Disclosure [Abstract]
Inventories	INVENTORIES Inventories at June 30, 2018 and December 31, 2017 were as follows (in millions): June 30, 2018 December 31, 2017 Finished goods $ 781.2 $ 684.1 Repair and replacement parts 611.4 605.9 Work in process 264.1 178.7 Raw materials 475.2 404.2 Inventories, net $ 2,131.9 $ 1,872.9

Product Warranty

Product Warranty	6 Months Ended
	Jun. 30, 2018
Product Warranties Disclosures [Abstract]
Product Warranty	PRODUCT WARRANTY The warranty reserve activity for the three and six months ended June 30, 2018 and 2017 consisted of the following (in millions): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Balance at beginning of period $ 325.8 $ 270.1 $ 316.0 $ 255.6 Accruals for warranties issued during the period 50.2 53.4 108.7 104.9 Settlements made (in cash or in kind) during the period (34.1 ) (38.2 ) (90.0 ) (78.1 ) Foreign currency translation (17.1 ) 11.6 (9.9 ) 14.5 Balance at June 30 $ 324.8 $ 296.9 $ 324.8 $ 296.9 The Company’s agricultural equipment products generally are 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 $281.0 million and $273.6 million of warranty reserves are included in “Accrued expenses” in the Company’s Condensed Consolidated Balance Sheets as of June 30, 2018 and December 31, 2017 , respectively. Approximately $43.8 million and $42.4 million of warranty reserves are included in “Other noncurrent liabilities” in the Company’s Condensed Consolidated Balance Sheets as of June 30, 2018 and December 31, 2017 , respectively.

Net Income Per Common Share

Net Income Per Common Share	6 Months Ended
	Jun. 30, 2018
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 by the weighted average number of common shares outstanding during each period. Diluted net income per common share assumes the exercise of outstanding SSARs and the vesting of performance share awards and RSUs using the treasury stock method when the effects of such assumptions are dilutive. 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 six months ended June 30, 2018 and 2017 is as follows (in millions, except per share data): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Basic net income per share: Net income attributable to AGCO Corporation and subsidiaries $ 91.4 $ 91.5 $ 115.7 $ 81.4 Weighted average number of common shares outstanding 79.3 79.5 79.4 79.5 Basic net income per share attributable to AGCO Corporation and subsidiaries $ 1.15 $ 1.15 $ 1.46 $ 1.02 Diluted net income per share: Net income attributable to AGCO Corporation and subsidiaries $ 91.4 $ 91.5 $ 115.7 $ 81.4 Weighted average number of common shares outstanding 79.3 79.5 79.4 79.5 Dilutive SSARs, performance share awards and RSUs 0.9 0.6 0.9 0.6 Weighted average number of common shares and common share equivalents outstanding for purposes of computing diluted net income per share 80.2 80.1 80.3 80.1 Diluted net income per share attributable to AGCO Corporation and subsidiaries $ 1.14 $ 1.14 $ 1.44 $ 1.02 SSARs to purchase approximately 0.4 million and 0.3 million shares of the Company’s common stock for the three and six months ended June 30, 2018 and 2017 , respectively, 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	6 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES At June 30, 2018 and December 31, 2017 , the Company had approximately $167.1 million and $163.4 million , respectively, of unrecognized tax benefits, all of which would affect the Company’s effective tax rate if recognized. At June 30, 2018 and December 31, 2017 , the Company had approximately $56.6 million and $61.8 million , respectively, of accrued or deferred taxes related to uncertain income tax positions connected with ongoing income 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 June 30, 2018 and December 31, 2017 , the Company had accrued interest and penalties related to unrecognized tax benefits of $25.0 million and $23.0 million , respectively. Generally, tax years 2012 through 2017 remain open to examination by taxing authorities in the United States and certain other foreign tax jurisdictions. On December 22, 2017, the 2017 Tax Act was enacted in the United States. The 2017 Tax Act includes a number of changes to existing U.S. tax laws that impact the Company, including a reduction of the U.S. corporate income tax rate from 35 percent to 21 percent for tax years beginning after December 31, 2017. The 2017 Tax Act also provides for a one-time transition tax on certain foreign earnings and the acceleration of depreciation for certain assets placed into service after September 27, 2017, as well as prospective changes beginning in 2018, including the repeal of the domestic manufacturing deduction, capitalization of research and development expenditures, additional limitations on executive compensation and limitations on the deductibility of interest. In 2017, the Company recorded a provision in accordance with Staff Accounting Bulletin No. 118, which provides SEC Staff guidance for the application of ASC 740, “Income Taxes”, in the reporting period in which the 2017 Tax Act was enacted. The provision reflected both the income tax effects of the 2017 Tax Act for which the accounting under ASC 740 was complete as well as provisional amounts for those specific income tax effects of the 2017 Tax Act for which the accounting under ASC 740 is incomplete but a reasonable estimate was determined. The Company did not identify any items for which the income tax effects of the 2017 Tax Act have not been completed and a reasonable estimate could not be determined as of December 31, 2017 . The final impact of the tax reform legislation may differ materially due to factors such as further refinement of the Company’s calculations, changes in interpretations and assumptions that the Company and its advisors have made, additional guidance that may be issued in the future by the U.S. government and actions that the Company may take as a result of the tax reform legislation. Additional information and analysis are needed for factors such as whether non-U.S. entities are subject to withholding taxes, have reserve requirements, or have projected working capital and other capital needs in the country where the earnings were generated that would result in a decision to indefinitely reinvest a portion or all of their earnings. When more guidance and interpretations are released, specifically with respect to the transition tax and future repatriation of foreign earnings to the U.S., the Company will complete its accounting and revise any provisional estimates, if required. For the six months ended June 30, 2018 , the Company did not make any adjustments to the provisional amounts recorded as of December 31, 2017 . The Company has previously established valuation allowances to fully or partially reserve against certain net deferred tax assets in several jurisdictions, including the United States. A valuation allowance is established when it is more likely than not that some portion or all of the deferred tax assets will not be realized. The Company assesses the likelihood that its deferred tax assets will be recovered from estimated future taxable income and available tax planning strategies and determines in certain cases that adjustments to the valuation allowances are appropriate. In making these assessments, all available evidence is considered including the current economic climate, as well as reasonable tax planning strategies. The Company believes it is more likely than not that the Company will realize its deferred tax assets, net of any applicable valuation allowances, in future years.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	6 Months Ended
	Jun. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES 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 150 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 may be partially hedged from time to time. 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 Company uses floating rate and fixed rate debt to finance its operations. The floating rate debt obligations expose the Company to variability in interest payments due to changes in the EURIBOR and LIBOR benchmark interest rates. The Company believes it is prudent to limit the variability of a portion of its interest payments, and to meet that objective, the Company periodically enters into interest rate swaps to manage the interest rate risk associated with the Company’s borrowings. The Company designates interest rate contracts used to convert the interest rate exposure on a portion of the Company’s debt portfolio from a floating rate to a fixed rate as cash flow hedges, while those contracts converting the Company’s interest rate exposure from a fixed rate to a floating rate are designated as fair value hedges. To protect the value of the Company’s investment in foreign operations against adverse changes in foreign currency exchange rates, the Company from time to time, may hedge a portion of the Company’s net investment in the foreign subsidiaries by using a cross currency swap. The component of the gains and losses on the Company’s net investment in the designated foreign operations driven by changes in foreign exchange rates are economically offset by movements in the fair value of the cross currency swap contracts. The Company’s senior management establishes the Company’s foreign currency and interest rate risk management policies. These policies are reviewed periodically by the Finance 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. 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 cash flow hedge of a forecasted transaction, (2) a fair value hedge of a recognized liability, (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 or the net investment hedges in foreign operations. When it is determined that a derivative is no longer highly effective as a hedge, hedge accounting is discontinued on a prospective basis. The Company categorizes its derivative assets and liabilities into one of three levels based on the assumptions used in valuing the asset or liability. See Note 14 for a discussion of the fair value hierarchy as per the guidance in ASC 820. The Company’s valuation techniques are designed to maximize the use of observable inputs and minimize the use of unobservable inputs. 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 will cease to do business with that counterparty. There have been no negative impacts to the Company from any non-performance of any counterparties. Derivative Transactions Designated as Hedging Instruments Cash Flow Hedges Foreign Currency Contracts The Company uses cash flow hedges to minimize the variability in cash flows of assets or liabilities or forecasted transactions caused by fluctuations in foreign currency exchange rates. The changes in the fair values of these cash flow hedges are recorded in accumulated other comprehensive 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. During 2018 , the Company designated certain foreign currency contracts as cash flow hedges of expected future sales and purchases. The total notional value of derivatives that were designated as cash flow hedges was $191.4 million and $96.8 million as of June 30, 2018 and December 31, 2017 , respectively. Interest Rate Swap Contract The Company monitors the mix of short-term and long-term debt regularly. From time to time, the Company manages the risk to interest rate fluctuations through the use of derivative financial instruments. During 2015, the Company entered into an interest rate swap instrument with a notional amount of €312.0 million (or approximately $363.3 million at June 30, 2018 ) and an expiration date of June 26, 2020. The swap was designated and accounted for as a cash flow hedge. Under the swap agreement, the Company pays a fixed interest rate of 0.33% plus the applicable margin, and the counterparty to the agreement pays a floating interest rate based on the three-month EURIBOR. Changes in the fair value of the interest rate swap are recorded in accumulated other comprehensive loss and are subsequently reclassified into “Interest expense, net” as a rate adjustment in the same period in which the related interest on the Company’s floating rate term loan facility affects earnings. The following table summarizes the after-tax impact that changes in the fair value of derivatives designated as cash flow hedges had on accumulated other comprehensive loss and net income during the three and six months ended June 30, 2018 and 2017 (in millions): Recognized in Net Income Three Months Ended June 30, Gain (Loss) Recognized in Accumulated Classification of Gain (Loss) Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income Total Amount of the Line Item in the Condensed Consolidated Statements of Operations Containing Hedge Gains (Losses) 2018 Foreign currency contracts $ 0.2 Cost of goods sold $ (0.8 ) $ 1,981.3 Interest rate swap contract (0.2 ) Interest expense, net (0.7 ) 21.2 Total $ — $ (1.5 ) 2017 Foreign currency contracts $ 1.8 Cost of goods sold $ (0.7 ) $ 1,689.8 Interest rate swap contract (0.2 ) Interest expense, net (0.5 ) 11.3 Total $ 1.6 $ (1.2 ) Recognized in Net Income Six Months Ended June 30, Gain (Loss) Recognized in Accumulated Classification of Gain (Loss) Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income Total Amount of the Line Item in the Condensed Consolidated Statements of Operations Containing Hedge Gains (Losses) 2018 Foreign currency contracts (1) $ (1.2 ) Cost of goods sold $ (1.4 ) $ 3,560.8 Interest rate swap contract (0.9 ) Interest expense, net (1.3 ) 31.5 Total $ (2.1 ) $ (2.7 ) 2017 Foreign currency contracts $ 3.2 Cost of goods sold $ (1.4 ) $ 2,987.1 Interest rate swap contract 0.4 Interest expense, net (1.1 ) 22.0 Total $ 3.6 $ (2.5 ) ____________________________________ (1) The outstanding contracts as of June 30, 2018 range in maturity through January 2019. The following table summarizes the activity in accumulated other comprehensive loss related to the derivatives held by the Company during the six months ended June 30, 2018 (in millions): Before-Tax Amount Income Tax After-Tax Amount Accumulated derivative net losses as of December 31, 2017 $ (6.0 ) $ (1.3 ) $ (4.7 ) Net changes in fair value of derivatives (2.4 ) (0.3 ) (2.1 ) Net losses reclassified from accumulated other comprehensive loss into income 2.8 0.1 2.7 Accumulated derivative net losses as of June 30, 2018 $ (5.6 ) $ (1.5 ) $ (4.1 ) Fair Value Hedges The Company uses interest rate swap agreements designated as fair value hedges to minimize exposure to changes in the fair value of fixed-rate debt that results from fluctuations in benchmark interest rates. During 2016, the Company terminated an interest rate swap transaction with a notional amount of $300.0 million and received cash proceeds of approximately $7.3 million . The resulting gain was deferred and is being amortized as a reduction to “Interest expense, net” over the remaining term of the Company’s 5 7 / 8 % senior notes through December 1, 2021. Refer to Note 5 for further information. Net Investment Hedges The Company uses non-derivative and derivative instruments, to hedge a portion of its net investment in foreign operations against adverse movements in exchange rates. For instruments that are designated as hedges of net investments in foreign operations, changes in the fair value of the derivative instruments are recorded in foreign currency translation adjustments, a component of accumulated other comprehensive loss, to offset changes in the value of the net investments being hedged. When the net investment in foreign operations is sold or substantially liquidates, the amounts recorded in accumulated other comprehensive loss are reclassified to earnings. To the extent foreign currency denominated debt is dedesignated from a net investment hedge relationship, changes in the value of the foreign currency denominated debt are recorded in earnings through the maturity date. During 2015, the Company designated its €312.0 million (or approximately $363.3 million as of June 30, 2018 ) term loan facility with a maturity date of June 26, 2020 as a hedge of its net investment in foreign operations to offset foreign currency translation gains or losses on the net investment. In January 2018, the Company entered into a cross currency swap contract as a hedge of its net investment in foreign operations to offset foreign currency translation gains or losses on the net investment. The cross currency swap has an expiration date of January 19, 2021. At maturity of the cross currency swap contract, the Company will deliver the notional amount of approximately €245.7 million (or approximately $286.1 million as of June 30, 2018 ) and will receive $300.0 million from the counterparties. The Company will receive quarterly interest payments from the counterparties based on a fixed interest rate until maturity of the cross currency swap. The following table summarizes the notional values of the instrument designated as a net investment hedge (in millions): Notional Amount as of June 30, 2018 December 31, 2017 Foreign currency denominated debt $ 363.3 $ 374.2 Cross currency swap contract 300.0 — The following table summarizes the after-tax impact of changes in the fair value of the instrument designated as a net investment hedge during the three and six months ended June 30, 2018 and 2017 (in millions): Gain (Loss) Recognized in Accumulated Other Comprehensive Loss for the Three Months Ended Gain (Loss) Recognized in Accumulated Other Comprehensive Loss for the Six Months Ended June 30, 2018 June 30, 2017 June 30, 2018 June 30, 2017 Foreign currency denominated debt $ 21.2 $ (22.9 ) $ 10.9 $ (27.1 ) Cross currency swap contract 16.2 — 11.6 — Derivative Transactions Not Designated as Hedging Instruments During 2018 and 2017 , the Company entered into foreign currency contracts to economically 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. Gains and losses on such contracts are substantially offset by losses and gains on the remeasurement of the underlying asset or liability being hedged and are immediately recognized into earnings. As of June 30, 2018 and December 31, 2017 , the Company had outstanding foreign currency contracts with a notional amount of approximately $1,588.7 million and $1,701.4 million , respectively. The following table summarizes the impact that changes in the fair value of derivatives not designated as hedging instruments had on earnings (in millions): For the Three Months Ended For the Six Months Ended Classification of Gain June 30, 2018 June 30, 2017 June 30, 2018 June 30, 2017 Foreign currency contracts Other expense, net $ (3.8 ) $ 18.1 $ 2.4 $ 21.9 The table below sets forth the fair value of derivative instruments as of June 30, 2018 (in millions): Asset Derivatives as of Liability Derivatives as of Balance Sheet Location Fair Value Balance Sheet Location Fair Value Derivative instruments designated as hedging instruments: Foreign currency contracts Other current assets $ 1.3 Other current liabilities $ 2.5 Interest rate swap contract Other noncurrent assets — Other noncurrent liabilities 4.4 Cross currency swap contract Other noncurrent assets 11.6 Other noncurrent liabilities — Derivative instruments not designated as hedging instruments: Foreign currency contracts Other current assets 8.6 Other current liabilities 8.1 Total derivative instruments $ 21.5 $ 15.0 The table below sets forth the fair value of derivative instruments as of December 31, 2017 (in millions): Asset Derivatives as of December 31, 2017 Liability Derivatives as of December 31, 2017 Balance Sheet Location Fair Value Balance Sheet Location Fair Value Derivative instruments designated as hedging instruments: Foreign currency contracts Other current assets $ — Other current liabilities $ 1.2 Interest rate swap contract Other noncurrent assets — Other noncurrent liabilities 4.8 Derivative instruments not designated as hedging instruments: Foreign currency contracts Other current assets 7.8 Other current liabilities 11.0 Total derivative instruments $ 7.8 $ 17.0

Changes in Stockholders' Equity

Changes in Stockholders' Equity	6 Months Ended
	Jun. 30, 2018
Stockholders' Equity Note [Abstract]
Changes in Stockholders' Equity	CHANGES IN STOCKHOLDERS’ EQUITY The following table sets forth changes in stockholders’ equity attributed to AGCO Corporation and its subsidiaries and to noncontrolling interests for the six months ended June 30, 2018 (in millions): Common Stock Additional Paid-in Capital Retained Earnings Accumulated Other Comprehensive Loss Noncontrolling Interests Total Stockholders’ Equity Balance, December 31, 2017 $ 0.8 $ 136.6 $ 4,253.8 $ (1,361.6 ) $ 65.7 $ 3,095.3 Stock compensation — 22.5 — — — 22.5 Issuance of stock awards — (3.0 ) — — — (3.0 ) SSARs exercised — (0.4 ) — — — (0.4 ) Comprehensive income: Net income (loss) — — 115.7 — (0.3 ) 115.4 Other comprehensive loss, net of reclassification adjustments: Foreign currency translation adjustments — — — (178.6 ) (2.1 ) (180.7 ) Defined benefit pension plans, net of tax — — — 6.1 — 6.1 Unrealized loss on derivatives, net of tax — — — 0.6 — 0.6 Payment of dividends to stockholders — — (23.8 ) — — (23.8 ) Purchases and retirement of common stock — (34.3 ) — — — (34.3 ) Adjustment related to the adoption of ASU 2014-09 — — 0.4 — — 0.4 Balance, June 30, 2018 $ 0.8 $ 121.4 $ 4,346.1 $ (1,533.5 ) $ 63.3 $ 2,998.1 Total comprehensive (loss) income attributable to noncontrolling interests for the three and six months ended June 30, 2018 and 2017 was as follows (in millions): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Net (loss) income $ (1.0 ) $ 0.1 $ (0.3 ) $ 2.0 Other comprehensive (loss) income: Foreign currency translation adjustments (2.2 ) (1.0 ) (2.1 ) 0.6 Total comprehensive (loss) income $ (3.2 ) $ (0.9 ) $ (2.4 ) $ 2.6 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 six months ended June 30, 2018 (in millions): Defined Benefit Pension Plans Deferred Net (Losses) Gains on Derivatives Cumulative Translation Adjustment Total Accumulated other comprehensive loss, December 31, 2017 $ (285.1 ) $ (4.7 ) $ (1,071.8 ) $ (1,361.6 ) Other comprehensive loss before reclassifications — (2.1 ) (178.6 ) (180.7 ) Net losses reclassified from accumulated other comprehensive loss 6.1 2.7 — 8.8 Other comprehensive income (loss), net of reclassification adjustments 6.1 0.6 (178.6 ) (171.9 ) Accumulated other comprehensive loss, June 30, 2018 $ (279.0 ) $ (4.1 ) $ (1,250.4 ) $ (1,533.5 ) 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 months ended June 30, 2018 and 2017 (in millions): Amount Reclassified from Accumulated Other Comprehensive Loss Affected Line Item within the Condensed Consolidated Statements of Operations Details about Accumulated Other Comprehensive Loss Components Three Months Ended June 30, 2018 (1) Three Months Ended June 30, 2017 (1) Derivatives: Net losses on foreign currency contracts $ 0.9 $ 0.8 Cost of goods sold Net losses on interest rate swap contract 0.7 0.5 Interest expense, net Reclassification before tax 1.6 1.3 (0.1 ) (0.1 ) Income tax provision Reclassification net of tax $ 1.5 $ 1.2 Defined benefit pension plans: Amortization of net actuarial losses $ 3.2 $ 3.1 (2) Amortization of prior service cost 0.3 0.3 (2) Reclassification before tax 3.5 3.4 (0.5 ) (0.5 ) Income tax provision Reclassification net of tax $ 3.0 $ 2.9 Net losses reclassified from accumulated other comprehensive loss $ 4.5 $ 4.1 ____________________________________ (1) Losses included within the Condensed Consolidated Statements of Operations for the three months ended June 30, 2018 and 2017 . (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. The following table sets forth reclassification adjustments out of accumulated other comprehensive loss by component attributed to AGCO Corporation and its subsidiaries for the six months ended June 30, 2018 and 2017 (in millions): Amount Reclassified from Accumulated Other Comprehensive Loss Affected Line Item within the Condensed Consolidated Statements of Operations Details about Accumulated Other Comprehensive Loss Components Six months ended June 30, 2018 (1) Six months ended June 30, 2017 (1) Derivatives: Net losses on foreign currency contracts $ 1.5 $ 1.5 Cost of goods sold Net losses on interest rate swap contract 1.3 1.1 Interest expense, net Reclassification before tax 2.8 2.6 (0.1 ) (0.1 ) Income tax provision Reclassification net of tax $ 2.7 $ 2.5 Defined benefit pension plans: Amortization of net actuarial losses $ 6.3 $ 6.1 (2) Amortization of prior service cost 0.7 0.7 (2) Reclassification before tax 7.0 6.8 (0.9 ) (1.0 ) Income tax provision Reclassification net of tax $ 6.1 $ 5.8 Net losses reclassified from accumulated other comprehensive loss $ 8.8 $ 8.3 ____________________________________ (1) Losses included within the Condensed Consolidated Statements of Operations for the six months ended June 30, 2018 and 2017 . (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 During the six months ended June 30, 2018 , through open market transactions, the Company repurchased 534,403 shares of its common stock for approximately $34.3 million at an average price paid of $64.14 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. As of June 30, 2018 , the remaining amount authorized to be repurchased was approximately $297.1 million , of which $265.7 million expires in December 2019 and $31.4 million has no expiration date.

Employee Benefit Plans

Employee Benefit Plans	6 Months Ended
	Jun. 30, 2018
Retirement Benefits [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 June 30, 2018 and 2017 are set forth below (in millions): Three Months Ended June 30, Pension benefits 2018 2017 Service cost $ 4.8 $ 4.4 Interest cost 5.1 5.2 Expected return on plan assets (9.3 ) (9.1 ) Amortization of net actuarial losses 3.1 3.1 Amortization of prior service cost 0.3 0.3 Net periodic pension cost $ 4.0 $ 3.9 Three Months Ended June 30, Postretirement benefits 2018 2017 Service cost $ 0.1 $ 0.1 Interest cost 0.3 0.4 Amortization of net actuarial losses 0.1 — Net periodic postretirement benefit cost $ 0.5 $ 0.5 Net periodic pension and postretirement benefit cost for the Company’s defined pension and postretirement benefit plans for the six months ended June 30, 2018 and 2017 are set forth below (in millions): Six Months Ended June 30, Pension benefits 2018 2017 Service cost $ 9.7 $ 8.6 Interest cost 10.2 10.2 Expected return on plan assets (18.7 ) (17.8 ) Amortization of net actuarial losses 6.2 6.1 Amortization of prior service cost 0.6 0.6 Net periodic pension cost $ 8.0 $ 7.7 Six Months Ended June 30, Postretirement benefits 2018 2017 Service cost $ 0.1 $ 0.1 Interest cost 0.7 0.8 Amortization of net actuarial losses 0.1 — Amortization of prior service cost 0.1 0.1 Net periodic postretirement benefit cost $ 1.0 $ 1.0 The components of net periodic pension and postretirement benefits cost, other than the service cost component, are included in “other expense, net” in the Company’s Condensed Consolidated Statements of Operations. Refer to Note 1 for further information. The following table summarizes the activity in accumulated other comprehensive loss related to the Company’s defined pension and postretirement benefit plans during the six months ended June 30, 2018 (in millions): Before-Tax Amount Income Tax After-Tax Amount Accumulated other comprehensive loss as of December 31, 2017 $ (380.6 ) $ (95.5 ) $ (285.1 ) Amortization of net actuarial losses 6.3 0.9 5.4 Amortization of prior service cost 0.7 — 0.7 Accumulated other comprehensive loss as of June 30, 2018 $ (373.6 ) $ (94.6 ) $ (279.0 ) During the six months ended June 30, 2018 , approximately $17.2 million of contributions had been made to the Company’s defined pension benefit plans. The Company currently estimates its minimum contributions for 2018 to its defined pension benefit plans will aggregate approximately $32.9 million . During the six months ended June 30, 2018 , the Company made approximately $0.7 million of contributions to its postretirement health care and life insurance benefit plans. The Company currently estimates that it will make approximately $1.6 million of contributions to its postretirement health care and life insurance benefit plans during 2018 .

Fair Value of Financial Instrum

Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2018
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	FAIR VALUE OF FINANCIAL INSTRUMENTS The Company categorizes its assets and liabilities into one of three levels based on the assumptions used in valuing the asset or liability. Estimates of fair value for financial assets and liabilities are based on a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. Observable inputs (highest level) reflect market data obtained from independent sources, while unobservable inputs (lowest level) reflect internally developed market assumptions. In accordance with this guidance, fair value measurements are classified under the following hierarchy: Level 1 - Quoted prices in active markets for identical assets or liabilities. Level 2 - Quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; and model-derived valuations in which all significant inputs are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 - Model-derived valuations in which one or more significant inputs are unobservable. The Company categorizes its pension plan assets into one of the three levels of the fair value hierarchy. The Company enters into foreign currency, interest rate swap and cross currency swap contracts. The fair values of the Company’s derivative instruments are determined using discounted cash flow valuation models. The significant inputs used in these models are readily available in public markets, or can be derived from observable market transactions, and therefore have been classified as Level 2. Inputs used in these discounted cash flow valuation models for derivative instruments include the applicable exchange rates, forward rates or interest rates. Such models used for option contracts also use implied volatility. See Note 10 for a discussion of the Company’s derivative instruments and hedging activities. Assets and liabilities measured at fair value on a recurring basis as of June 30, 2018 and December 31, 2017 are summarized below (in millions): As of June 30, 2018 Level 1 Level 2 Level 3 Total Derivative assets $ — $ 21.5 $ — $ 21.5 Derivative liabilities $ — $ 15.0 $ — $ 15.0 As of December 31, 2017 Level 1 Level 2 Level 3 Total Derivative assets $ — $ 7.8 $ — $ 7.8 Derivative liabilities $ — $ 17.0 $ — $ 17.0 Short-term borrowings are valued at their carrying amounts in the Company’s Condensed Consolidated Balance Sheets, due to the short-term nature of these financial instruments. The carrying amounts of long-term debt under the Company’s 1.056% senior term loan, credit facility, senior term loans due 2021 and senior term loans due between 2019 and 2026 (Note 5 ) approximate fair value based on the borrowing rates currently available to the Company for loans with similar terms and average maturities. At June 30, 2018 and December 31, 2017 , the estimated fair value of the Company’s 5 7 / 8 % senior notes (Note 5 ), based on their listed market values, was approximately $120.7 million and $324.7 million , respectively, compared to its carrying value of $115.9 million and $305.3 million , respectively.

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2018
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 six months ended June 30, 2018 and 2017 and assets as of June 30, 2018 and December 31, 2017 based on the Company’s reportable segments are as follows (in millions): Three Months Ended June 30, North South Europe/ Asia/ Consolidated 2018 Net sales $ 600.5 $ 219.6 $ 1,545.2 $ 172.3 $ 2,537.6 Income (loss) from operations 37.6 (16.7 ) 208.5 4.6 234.0 Depreciation 16.8 7.3 28.4 3.4 55.9 Capital expenditures 10.1 7.3 24.3 2.0 43.7 2017 Net sales $ 478.8 $ 251.9 $ 1,269.5 $ 165.0 $ 2,165.2 Income from operations 23.6 2.8 170.3 5.7 202.4 Depreciation 15.7 7.9 28.0 3.0 54.6 Capital expenditures 9.1 8.4 15.5 2.2 35.2 Six Months Ended June 30, North America South America Europe/ Middle East Asia/ Pacific/Africa Consolidated 2018 Net sales $ 1,103.4 $ 401.7 $ 2,708.9 $ 331.1 $ 4,545.1 Income (loss) from operations 64.4 (33.3 ) 307.5 9.3 347.9 Depreciation 34.0 15.3 58.4 7.4 115.1 Capital expenditures 22.2 14.2 49.4 4.0 89.8 2017 Net sales $ 861.4 $ 474.1 $ 2,162.0 $ 295.3 $ 3,792.8 Income from operations 26.6 5.2 233.8 7.8 273.4 Depreciation 29.9 14.7 56.7 7.6 108.9 Capital expenditures 31.1 20.1 36.5 4.6 92.3 Assets As of June 30, 2018 $ 1,145.2 $ 706.0 $ 2,218.6 $ 517.7 $ 4,587.5 As of December 31, 2017 $ 1,064.1 $ 752.1 $ 2,074.4 $ 499.4 $ 4,390.0 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 June 30, Six Months Ended June 30, 2018 2017 2018 2017 Segment income from operations $ 234.0 $ 202.4 $ 347.9 $ 273.4 Corporate expenses (32.5 ) (30.1 ) (65.9 ) (55.5 ) Stock compensation expense (12.5 ) (9.8 ) (20.9 ) (21.2 ) Restructuring expenses (2.7 ) (0.4 ) (8.6 ) (5.5 ) Amortization of intangibles (18.2 ) (13.8 ) (33.9 ) (27.2 ) Consolidated income from operations $ 168.1 $ 148.3 $ 218.6 $ 164.0 June 30, 2018 December 31, 2017 Segment assets $ 4,587.5 $ 4,390.0 Cash and cash equivalents 280.6 367.7 Investments in affiliates 411.2 409.0 Deferred tax assets, other current and noncurrent assets 633.0 614.6 Intangible assets, net 608.1 649.0 Goodwill 1,503.7 1,541.4 Consolidated total assets $ 8,024.1 $ 7,971.7

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2018
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. finance joint venture, whereby the Company is obligated to repurchase repossessed inventory at market values. The Company has an agreement with its U.S. finance joint venture, AGCO Finance LLC, 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 June 30, 2018 , the Company has outstanding guarantees of indebtedness owed to third parties of approximately $48.5 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 2022 . 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 historically have 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, Europe and Brazil to its U.S., Canadian, European and Brazilian 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 The Environmental Protection Agency (“EPA”) of Victoria, Australia issued a notice to the Company’s Australian subsidiary regarding remediation of contamination of a property located in a suburb of Melbourne, Australia. The property was owned and divested by the subsidiary before the subsidiary was acquired by the Company. The Australian subsidiary is in correspondence with the EPA concerning the notice. The notice was voluntarily withdrawn by the EPA in March 2018, but may be refiled in the future. 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 June 30, 2018 , not including interest and penalties, was approximately 131.5 million Brazilian reais (or approximately $34.0 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.

Accounts Receivable Sales Agree

Accounts Receivable Sales Agreements (Notes)	3 Months Ended
	Jun. 30, 2018
Accounts Receivable Sales Agreements [Abstract]
Accounts Receivable Sales Agreements Note Disclosure	ACCOUNTS RECEIVABLE SALES AGREEMENTS The Company has accounts receivable sales agreements that permit the sale, on an ongoing basis, of a majority of its wholesale receivables in North America, Europe and Brazil to its U.S., Canadian, European and Brazilian finance joint ventures. As of June 30, 2018 and December 31, 2017 , the cash received from receivables sold under the U.S., Canadian, European and Brazilian accounts receivable sales agreements was approximately $1.4 billion and $1.3 billion , respectively. Under the terms of the accounts receivable agreements in North America, Europe and Brazil, 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 $9.7 million and $17.5 million , respectively, during the three and six months ended June 30, 2018 . 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 $8.9 million and $17.2 million , respectively, during the three and six months ended June 30, 2017 . The Company’s finance joint ventures in Europe, Brazil and Australia also provide wholesale financing directly 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 June 30, 2018 and December 31, 2017 , these finance joint ventures had approximately $48.2 million and $41.6 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.

Revenue (Notes)

Revenue (Notes)	3 Months Ended
	Jun. 30, 2018
Revenue from Contract with Customer [Abstract]
Revenue	REVENUE Revenue is recognized when the Company satisfies the performance obligation by transferring control over goods or services to a dealer, distributor or other customer. The amount of revenue recognized is measured as the consideration the Company expects to receive in exchange for those goods or services pursuant to a contract with the customer. A contract exists once the Company receives and accepts a purchase order under a dealer sales agreement, or once the Company enters into a contract with an end user. The Company does not recognize revenue in cases where collectability is not probable, and defers the recognition until collection is probable or payment is received. The Company generates revenue from the manufacture and distribution of agricultural equipment and replacement parts. Sales of equipment and replacement parts, which represents a majority of the Company’s net sales, are recorded by the Company at the point in time when title and control have been transferred to an independent dealer, distributor or other customer. Title generally passes to the dealer or distributor upon shipment or specified delivery, and the risk of loss upon damage, theft or destruction of the equipment is the responsibility of the dealer, distributor or designated third-party carrier. The Company believes control passes and the performance obligation is satisfied at the point of the stated shipping or delivery term with respect to such sales. The amount of consideration the Company receives and the revenue recognized varies with certain sales incentives the Company offers to dealers and distributors. Estimates for sales incentives are made at the time of sale for existing incentive programs using the expected value method. These estimates are revised in the event of subsequent modification to the incentive program. Dealers or distributors may not return equipment or replacement parts while its contract with the Company is in force, except for under established promotional and annual replacement parts return programs. At the time of sale, the Company estimates the amount of returns based on the terms of promotional and annual return programs and anticipated returns in the future. Sales and other related taxes are excluded from the transaction price. Shipping and handling costs associated with freight are accounted for as fulfillment costs and are expensed at the time revenue is recognized in “Cost of goods sold” and “Selling, general and administrative expenses” in the Company’s Condensed Consolidated Statements of Operations. The Company applied the practical expedient in ASU 2014-09 to not adjust the amount of revenue to be recognized under a contract with a dealer, distributor or other customer for the time value of money when the difference between the receipt of payment and the recognition of revenue is less than one year. Although, substantially all revenue is recognized at a point in time, a relatively insignificant amount of installation revenue associated with the sale of grain storage and protein production systems is recognized on an “over time” basis as discussed below. The Company also recognizes revenue “over time” with respect to extended warranty or maintenance contracts and certain technology services. Generally, all of the contracts with customers that relate to “over time” revenue recognition have contract durations of less than 12 months. Grain Storage and Protein Production Systems Installation Revenue. In certain countries, the Company sells grain storage and protein production systems where the Company is responsible for construction and installation, and the sale is contingent upon customer acceptance. Under these conditions, the revenues are recognized over the term of the contract when the Company can objectively determine control has been transferred to the customer in accordance with agreed-upon specifications in the contract. For these contracts, the Company may be entitled to receive an advance payment, which is recognized as a contract liability for the amount in excess of the revenue recognized. The Company uses the input method using costs incurred to date relative to total estimated costs at completion to measure the progress toward satisfaction of the performance obligation. Revenues are recorded proportionally as costs are incurred. Costs include labor, material and overhead. The estimation of the progress toward completion is subject to various assumptions. As part of the estimation process, the Company reviews the length of time to complete the performance obligation, the cost of materials and labor productivity. If a significant change in one of the assumptions occurs, then the Company will recognize an adjustment under the cumulative catch-up method and the impact of the adjustment on the revenue recorded to date is recognized in the period the adjustment is identified. Extended Warranty Contracts. The Company sells separately priced extended warranty contracts, which extends coverage beyond the base warranty period. Revenue is recognized for the extended warranty contract on a straight-line basis, which the Company believes approximates the costs expected to be incurred in satisfying the obligations, over the extended warranty period. The extended warranty period ranges from one to five years. Payment is received at the inception of the extended warranty contract, which is recognized as a contract liability for the amount in excess of the revenue recognized. The revenue associated with the sale of extended warranty contracts is insignificant. Technology Services Revenue. The Company sells a combination of technology products and services. When the bundled package of technology products and services is sold, the portion of the consideration received related to the services component is recognized over time as the Company satisfies the future performance obligation. Revenue is recognized for the hardware component when control is transferred to the dealer or distributor. The revenue associated with the sale of technology services is insignificant. Contract Assets and Liabilities Contract assets relate to the Company’s right to recover returned replacement parts. When the refund for the returned replacement part is settled with the dealer or distributor, the contract asset is then transferred to inventory. Contract liabilities relate to the following: (1) the obligation to refund dealers or distributors for the expected return of replacement parts, (2) unrecognized revenues where advance payment of consideration precedes the Company’s performance with respect to extended warranty contracts and where the performance obligation is satisfied over time, (3) unrecognized revenues where advance payment of consideration precedes the Company’s performance with respect to certain grain storage and protein production systems and where the performance obligation is satisfied over time and (4) unrecognized revenues where advance payment consideration precedes the Company’s performance with respect to technology services and where the performance obligation is satisfied over time. Significant changes in the balance of contract assets and liabilities for the three and six months ended as of June 30, 2018 were as follows (in millions): Contract Assets Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 (1) Balance at beginning of period $ 10.4 $ 10.1 Additions for expected returns of replacement parts sold during the period 5.5 10.4 Transfer of returned replacement parts to inventory (4.5 ) (9.1 ) Foreign currency translation (0.1 ) (0.1 ) Balance as of June 30, 2018 $ 11.3 $ 11.3 Contract Liabilities Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 (1) Balance at beginning of period $ 119.1 $ 104.4 Advance consideration received 23.4 57.9 Accrual for expected reimbursement of replacement parts sold during the period 12.9 24.5 Revenue recognized during the period for extended warranty contracts (6.3 ) (12.7 ) Revenue recognized during the period related to installation of grain storage and protein production systems (33.1 ) (48.6 ) Replacement part settlements made during the period (10.8 ) (22.1 ) Foreign currency translation (3.3 ) (1.5 ) Balance as of June 30, 2018 $ 101.9 $ 101.9 ____________________________________ (1) The beginning of the period is from the date of adoption of ASU 2014-09 or January 1, 2018. The contract assets are classified as “Other current assets” and the contract liabilities are classified as either “Other current and noncurrent liabilities” or “Accrued expenses” in the Company’s Condensed Consolidated Balance Sheets. Remaining Performance Obligations The estimated revenues expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of June 30, 2018 are $24.8 million in 2018, $16.9 million in 2019, $9.6 million in 2020, $4.8 million in 2021 and $1.6 million thereafter, and relate primarily to extended warranty contracts. The Company applied the practical expedient in ASU 2014-09 and has not disclosed information about remaining performance obligations that have original expected durations of 12 months or less. Disaggregated Revenue Net sales for the three months ended June 30, 2018 disaggregated by primary geographical markets and major products consisted of the following (in millions): North America South America Europe/Middle East (1) Asia/Pacific/Africa (1) Consolidated Primary geographical markets: United States $ 468.4 $ — $ — $ — $ 468.4 Canada 101.3 — — — 101.3 South America — 213.7 — — 213.7 Germany — — 389.7 — 389.7 France — — 250.2 — 250.2 United Kingdom and Ireland — — 172.8 — 172.8 Finland and Scandinavia — — 231.7 — 231.7 Other Europe — — 495.1 — 495.1 Middle East and Algeria — — 5.7 — 5.7 Africa — — — 22.0 22.0 Asia — — — 87.0 87.0 Australia and New Zealand — — — 63.3 63.3 Mexico, Central America and Caribbean 30.8 5.9 — — 36.7 $ 600.5 $ 219.6 $ 1,545.2 $ 172.3 $ 2,537.6 Major products: Tractors $ 173.7 $ 148.2 $ 1,049.5 $ 75.9 $ 1,447.3 Replacement parts 97.7 21.9 252.7 15.9 388.2 Other machinery 79.5 15.6 138.0 16.5 249.6 Grain storage and protein production systems 171.5 12.2 58.4 59.9 302.0 Combines 24.6 14.4 39.6 2.2 80.8 Application equipment 53.5 7.3 6.9 2.0 69.7 $ 600.5 $ 219.6 $ 1,545.2 $ 172.3 $ 2,537.6 ____________________________________ (1) Rounding may impact summation of amounts. Net sales for the six months ended June 30, 2018 disaggregated by primary geographical markets and major products consisted of the following (in millions): North America South America Europe/Middle East (1) Asia/Pacific/Africa (1) Consolidated Primary geographical markets: United States $ 867.5 $ — $ — $ — $ 867.5 Canada 174.9 — — — 174.9 South America — 394.2 — — 394.2 Germany — — 677.6 — 677.6 France — — 446.8 — 446.8 United Kingdom and Ireland — — 313.1 — 313.1 Finland and Scandinavia — — 408.8 — 408.8 Other Europe — — 853.2 — 853.2 Middle East and Algeria — — 9.4 — 9.4 Africa — — — 44.2 44.2 Asia — — — 161.6 161.6 Australia and New Zealand — — — 125.3 125.3 Mexico, Central America and Caribbean 61.0 7.5 — — 68.5 $ 1,103.4 $ 401.7 $ 2,708.9 $ 331.1 $ 4,545.1 Major products: Tractors $ 328.3 $ 255.0 $ 1,827.9 $ 149.4 $ 2,560.6 Replacement parts 158.5 43.6 463.2 35.6 700.9 Other machinery 198.9 22.6 242.5 28.5 492.5 Grain storage and protein production systems 281.9 29.4 92.8 104.1 508.2 Combines 27.7 40.1 73.1 2.6 143.5 Application equipment 108.1 11.0 9.3 11.0 139.4 $ 1,103.4 $ 401.7 $ 2,708.9 $ 331.1 $ 4,545.1 ____________________________________ (1) Rounding may impact summation of amounts.

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements In February 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2018-02, “Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income” (“ASU 2018-02”), which allows for the election to reclassify the disproportionate income tax effects of the Tax Cuts and Jobs Act (the “2017 Tax Act”)on items within accumulated other comprehensive income (loss) to retained earnings. These disproportionate income tax effect items are referred to as “stranded tax effects.” The amendments within ASU 2018-02 only relate to the reclassification of the income tax effects of the 2017 Tax Act. Certain disclosures are required in the period of adoption as to whether an entity has elected to reclassify the stranded tax effects. ASU 2018-02 is effective for annual periods beginning after December 15, 2018, and interim periods within those annual periods. The standard should be applied either in the period of adoption or retrospectively to each period in which the effect of the change in the U.S. corporate income tax rate in the 2017 Tax Act is recognized. Early adoption is permitted for any interim or annual period. The Company is currently evaluating the impact of adopting this standard on the Company’s results of operations, financial condition and cash flows, but does not expect the impact to be material. In August 2017, the FASB issued ASU 2017-12, “Targeted Improvements to Accounting for Hedging Activities” (“ASU 2017-12”), which aligns an entity’s risk management activities and financial reporting for hedge relationships through changes to both the designation and measurement guidance for qualifying hedging relationships and the presentation of hedge results. The amendments include 1) the ability to apply hedge accounting for risk components in hedging relationships involving nonfinancial risk and interest rate risk, 2) new alternatives for measuring the hedged item for fair value hedges of interest rate risk, 3) elimination of the requirement to separately measure and report hedge ineffectiveness, 4) requirement to present the earnings effect of the hedging instrument in the same income statement line in which the earnings effect of the hedged item is reported and 5) less stringent requirements for effectiveness testing, hedge documentation and applying the critical terms match method. ASU 2017-12 is effective for annual periods beginning after December 15, 2018, and interim periods within those annual periods using a prospective approach. Early adoption is permitted for any interim or annual period. The amendments should be applied to existing hedging relationships on the date of adoption. The Company adopted ASU 2017-12 on January 1, 2018. The standard did not have a material impact on the Company’s results of operations, financial condition and cash flows. In March 2017, the FASB issued ASU 2017-07, “Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost” (“ASU 2017-07”), which requires the service cost component of net periodic pension and postretirement benefit cost be included in the same line item as other compensation costs arising from services rendered by employees. The other components of net periodic pension and postretirement benefit cost are required to be classified outside the subtotal of income from operations. Of the components of net periodic pension and postretirement benefit cost, only the service cost component will be eligible for asset capitalization. ASU 2017-07 is effective for annual periods beginning after December 15, 2017, and interim periods within those annual periods, using a retrospective approach for the presentation of the service cost component and other components of net periodic pension and postretirement benefit cost in the statement of operations; and a prospective approach for the capitalization of the service cost component of net periodic pension and postretirement benefit cost in assets. Early adoption is permitted for any interim or annual period. ASU 2017-07 allows a practical expedient for applying the retrospective presentation requirements. The Company adopted ASU 2017-07 on January 1, 2018 and retrospectively applied the standard to the presentation of the other components of net periodic pension and postretirement benefit costs in the Company’s Condensed Consolidated Statements of Operations. As part of the adoption, the Company elected to use the practical expedient, which allowed the Company to use the information previously disclosed as the basis for applying the retrospective presentation requirements of the standard. For the three months ended June 30, 2017 , the Company reclassified approximately $0.1 million of income related to the other components of net periodic pension and postretirement costs from “Selling, general and administrative expenses” and “Engineering expenses” to “Other expenses, net.” For the six months ended June 30, 2017 , there was no net impact to “Selling, general and administrative expenses,” “Engineering expenses” or “Other expenses, net” as a result of the restrospective application of ASU 2017-07. In January 2017, the FASB issued ASU 2017-04, “Simplifying the Test for Goodwill Impairment” (“ASU 2017-04”), which eliminates Step 2 from the goodwill impairment test. Under the standard, an entity should perform its goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount, resulting in an impairment charge that is the amount by which the carrying amount exceeds the reporting unit’s fair value. The impairment charge, however, should not exceed the total amount of goodwill allocated to a reporting unit. The impairment assessment under ASU 2017-04 applies to all reporting units, including those with a zero or negative carrying amount. ASU 2017-04 is effective for annual periods beginning after December 15, 2019, and interim periods within those annual periods using a prospective approach. Early adoption is permitted for any interim or annual goodwill impairment test performed on testing dates after January 1, 2017. The Company is currently evaluating the impact of adopting this standard on the Company’s results of operations, financial condition and cash flows, but does not expect the impact to be material. In June 2016, the FASB issued ASU 2016-13, “Measurement of Credit Losses on Financial Instruments” (“ASU 2016-13”), which requires measurement and recognition of expected versus incurred credit losses for financial assets held. ASU 2016-13 is effective for annual periods beginning after December 15, 2019, and interim periods within those annual periods. This standard will likely impact the results of operations and financial condition of the Company’s finance joint ventures and as a result, will likely impact the Company’s “Investment in affiliates” and “Equity in net earnings of affiliates” upon adoption. The Company’s finance joint ventures are currently evaluating the standard’s impact to their results of operations and financial condition. In February 2016, the FASB issued ASU 2016-02, “Leases” (“ASU 2016-02”), which supersedes the existing lease guidance under current U.S. GAAP. ASU 2016-02 is based on the principle that entities should recognize assets and liabilities arising from leases. The standard does not significantly change the lessees’ recognition, measurement and presentation of expenses and cash flows from the previous accounting standard and leases continue to be classified as finance or operating. ASU 2016-02’s primary change is the requirement for entities to recognize a lease liability for payments and a right-of-use asset representing the right to use the leased asset during the term of an operating lease arrangement. Lessees are permitted to make an accounting policy election to not recognize the asset and liability for leases with a term of 12 months or less. Lessors’ accounting under the standard is largely unchanged from the previous accounting standard. In addition, ASU 2016-02 expands the disclosure requirements of lease arrangements. The standard is effective for reporting periods beginning after December 15, 2018, and interim periods within those annual periods. Early adoption is permitted. Upon adoption, lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. In July 2018, the FASB issued ASU 2018-11, “Targeted Improvements”, which allows for a new, optional transition method that provides the option to use the effective date as the date of initial application on transition. Under this option, the comparative periods would continue to apply the legacy guidance in Accounting Standard Codification (“ASC”) 840, including the disclosure requirements, and a cumulative effect adjustment would be recognized in the period of adoption rather than the earliest period presented. The Company is currently evaluating the impact of adopting this standard on the Company’s results of operations, financial condition and cash flows, but the Company has elected not to early adopt the standard for the year ended December 31, 2018. In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers” (“ASU 2014-09”), which provides a single, comprehensive revenue recognition model for all contracts with customers with a five-step analysis in determining when and how revenue is recognized. The new model requires 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 also are required to enable users to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers, including significant judgments and changes in those judgments. Entities have the option to apply the new standard under a full retrospective approach to each prior reporting period presented, or a modified retrospective approach with the cumulative effect of initial adoption and application within the Condensed Consolidated Statement of Stockholders’ Equity. The Company adopted ASU 2014-09 with an application date of January 1, 2018 using the modified retrospective approach. Under this method, the Company recognized the cumulative effect of initially applying ASU 2014-09 as an adjustment to the opening balance of stockholders’ equity as of January 1, 2018 within “Retained earnings.” The cumulative effect was approximately $0.4 million , which was related to the recognition of contract assets and contract liabilities for the value of the expected replacement parts returns. The comparative information has not been adjusted and continues to be reported under ASU 2009-13, “Revenue Recognition.” The details of the significant changes and quantitative impact of the changes are discussed below. The Company has enhanced its accounting policies and practices, business processes, systems and controls, as well as designed and implemented specific internal controls over the implementation and adherence to the standard, including new disclosure requirements. Replacement Parts Returns The Company has various promotional and annual return programs with respect to the sale of replacement parts whereby the Company’s dealers, distributors and other customers can return specified replacement parts pursuant to such programs. The Company previously recognized revenue for the sale of replacement parts and recorded a corresponding provision for the amount of expected returns at the time of sale. Pursuant to the adoption of ASU 2014-09, the Company recognized a contract asset for the right to recover returned replacement parts at cost, reflected within “Other current assets” in the Company’s Condensed Consolidated Balance Sheets. Conversely, the provision for expected returns is recorded at the sales value of expected returns, reflected as a contract liability within “Accrued expenses.” The Company’s estimates of returns are based on the terms of the promotional and annual return programs and anticipated returns in the future. The following table summarizes the impact of adopting ASU 2014-09 on the Company’ s Condensed Consolidated Balance Sheet as of June 30, 2018 (in millions): As Reported Balances Without Adoption of ASU 2014-09 Increase (Decrease) Due to Adoption Assets Accounts and notes receivable, net $ 1,047.1 $ 1,046.9 $ 0.2 Other current assets 384.3 373.0 11.3 Total current assets 3,843.9 3,832.4 11.5 Total assets 8,024.1 8,012.6 11.5 Liabilities and Stockholders’ Equity Accrued expenses $ 1,385.5 $ 1,373.3 $ 12.2 Total current liabilities 2,700.5 2,688.3 12.2 Retained earnings 4,346.1 4,346.8 (0.7 ) Total stockholder’s equity 2,998.1 2,998.8 (0.7 ) Total liabilities and stockholder’s equity 8,024.1 8,012.6 11.5 The impact of adopting ASU 2014-09 on the Condensed Consolidated Statement of Operations and Condensed Consolidated Statement of Cash Flows for the three and six months ended June 30, 2018 was not material.
Derivatives	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 cash flow hedge of a forecasted transaction, (2) a fair value hedge of a recognized liability, (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 or the net investment hedges in foreign operations. When it is determined that a derivative is no longer highly effective as a hedge, hedge accounting is discontinued on a prospective basis.

Basis of Presentation (Tables)

Basis of Presentation (Tables)	6 Months Ended
	Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of New Accounting Pronouncements and Changes in Accounting Principles	The following table summarizes the impact of adopting ASU 2014-09 on the Company’ s Condensed Consolidated Balance Sheet as of June 30, 2018 (in millions): As Reported Balances Without Adoption of ASU 2014-09 Increase (Decrease) Due to Adoption Assets Accounts and notes receivable, net $ 1,047.1 $ 1,046.9 $ 0.2 Other current assets 384.3 373.0 11.3 Total current assets 3,843.9 3,832.4 11.5 Total assets 8,024.1 8,012.6 11.5 Liabilities and Stockholders’ Equity Accrued expenses $ 1,385.5 $ 1,373.3 $ 12.2 Total current liabilities 2,700.5 2,688.3 12.2 Retained earnings 4,346.1 4,346.8 (0.7 ) Total stockholder’s equity 2,998.1 2,998.8 (0.7 ) Total liabilities and stockholder’s equity 8,024.1 8,012.6 11.5

Restructuring Expenses (Tables)

Restructuring Expenses (Tables)	3 Months Ended
	Jun. 30, 2018
Restructuring and Related Activities [Abstract]
Schedule of Restructuring Reserve by Type of Cost	Restructuring expenses activity during the six months ended June 30, 2018 is summarized as follows (in millions): Write-down of Property, Plant and Equipment Employee Severance Total Balance as of December 31, 2017 $ — $ 10.9 $ 10.9 First quarter 2018 provision — 5.9 5.9 First quarter 2018 cash activity — (3.7 ) (3.7 ) Foreign currency translation — 0.1 0.1 Balance as of March 31, 2018 — 13.2 13.2 Second quarter 2018 provision 0.3 2.4 2.7 Less: Non-cash activity (0.3 ) — (0.3 ) Cash expense — 2.4 2.4 Second quarter 2018 cash activity — (4.7 ) (4.7 ) Foreign currency translation — (0.8 ) (0.8 ) Balance as of June 30, 2018 $ — $ 10.1 $ 10.1

Stock Compensation Plans (Table

Stock Compensation Plans (Tables)	6 Months Ended
	Jun. 30, 2018
Share-based Compensation [Abstract]
Schedule of stock compensation expense	The Company recorded stock compensation expense as follows for the three and six months ended June 30, 2018 and 2017 (in millions): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Cost of goods sold $ 1.1 $ 1.0 $ 1.9 $ 1.6 Selling, general and administrative expenses 12.5 9.8 20.9 21.2 Total stock compensation expense $ 13.6 $ 10.8 $ 22.8 $ 22.8
Schedule of LTIP and Performance Awards activity	Performance award transactions during the six months ended June 30, 2018 were as follows and are presented as if the Company were to achieve its maximum levels of performance under the plan awards: Shares awarded but not earned at January 1 1,645,078 Shares awarded 441,740 Shares forfeited (42,900 ) Shares earned — Shares awarded but not earned at June 30 2,043,918
Schedule of RSU activity	RSU transactions during the six months ended June 30, 2018 were as follows: Shares awarded but not vested at January 1 237,468 Shares awarded 110,404 Shares forfeited (5,178 ) Shares vested (117,172 ) Shares awarded but not vested at June 30 225,522
Schedule of SARS activity	SSAR transactions during the six months ended June 30, 2018 were as follows: SSARs outstanding at January 1 1,060,192 SSARs granted 157,700 SSARs exercised (80,475 ) SSARs canceled or forfeited (7,400 ) SSARs outstanding at June 30 1,130,017

Goodwill and Other Intangible28

Goodwill and Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2018
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 six months ended June 30, 2018 are summarized as follows (in millions): Trademarks and Tradenames Customer Relationships Patents and Technology Land Use Rights Total Gross carrying amounts: Balance as of December 31, 2017 $ 208.4 $ 600.4 $ 160.0 $ 9.1 $ 977.9 Foreign currency translation (3.1 ) (10.1 ) (2.7 ) (0.2 ) (16.1 ) Balance as of June 30, 2018 $ 205.3 $ 590.3 $ 157.3 $ 8.9 $ 961.8 Trademarks and Tradenames Customer Relationships Patents and Technology Land Use Rights Total Accumulated amortization: Balance as of December 31, 2017 $ 61.4 $ 279.7 $ 73.4 $ 3.0 $ 417.5 Amortization expense and impairment charge 8.1 20.5 5.2 0.1 33.9 Foreign currency translation (1.0 ) (7.2 ) (1.9 ) — (10.1 ) Balance as of June 30, 2018 $ 68.5 $ 293.0 $ 76.7 $ 3.1 $ 441.3
Schedule of Indefinite-lived Intangible Assets by Major Class	Trademarks and Tradenames Indefinite-lived intangible assets: Balance as of December 31, 2017 $ 88.6 Foreign currency translation (1.0 ) Balance as of June 30, 2018 $ 87.6
Schedule of Goodwill	Changes in the carrying amount of goodwill during the six months ended June 30, 2018 are summarized as follows (in millions): North America South America Europe/Middle East Asia/ Pacific/Africa Consolidated Balance as of December 31, 2017 $ 611.1 $ 136.4 $ 671.0 $ 122.9 $ 1,541.4 Adjustment — — 1.9 — 1.9 Foreign currency translation — (19.3 ) (18.2 ) (2.1 ) (39.6 ) Balance as of June 30, 2018 $ 611.1 $ 117.1 $ 654.7 $ 120.8 $ 1,503.7

Indebtedness (Tables)

Indebtedness (Tables)	3 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2018
Debt Disclosure [Abstract]
Schedule of Debt [Table Text Block]	consisted of the following at June 30, 2018 and December 31, 2017 (in millions): June 30, 2018 December 31, 2017 1.056% Senior term loan due 2020 $ 232.9 $ 239.8 Credit facility, expiring 2020 799.9 471.2 Senior term loans due 2021 116.4 119.9 5 7 / 8 % Senior notes due 2021 115.9 305.3 Senior term loans due between 2019 and 2026 436.6 449.7 Other long-term debt 46.8 61.0 Debt issuance costs (2.6 ) (4.0 ) 1,745.9 1,642.9 Less: Current portion of other long-term debt (17.9 ) (24.8 ) Total long-term debt, less current portion $ 1,728.0 $ 1,618.1
Schedule of Long-term Debt Instruments		Interest is payable on the term loans in arrears either semi-annually or annually as provided below (in millions): Maturity Date Floating or Fixed Interest Rate Interest Rate Interest Payment Term Loan Amount October 19, 2019 Floating EURIBOR + 0.75% Semi-Annually € 1.0 October 19, 2019 Fixed 0.75% Annually 55.0 October 19, 2021 Floating EURIBOR + 1.00% Semi-Annually 25.5 October 19, 2021 Fixed 1.00% Annually 166.5 October 19, 2023 Floating EURIBOR + 1.25% Semi-Annually 1.0 October 19, 2023 Fixed 1.33% Annually 73.5 October 19, 2026 Fixed 1.98% Annually 52.5 € 375.0

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2018
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventories at June 30, 2018 and December 31, 2017 were as follows (in millions): June 30, 2018 December 31, 2017 Finished goods $ 781.2 $ 684.1 Repair and replacement parts 611.4 605.9 Work in process 264.1 178.7 Raw materials 475.2 404.2 Inventories, net $ 2,131.9 $ 1,872.9

Product Warranty (Tables)

Product Warranty (Tables)	6 Months Ended
	Jun. 30, 2018
Product Warranties Disclosures [Abstract]
Schedule of Warranty Reserve Activity	The warranty reserve activity for the three and six months ended June 30, 2018 and 2017 consisted of the following (in millions): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Balance at beginning of period $ 325.8 $ 270.1 $ 316.0 $ 255.6 Accruals for warranties issued during the period 50.2 53.4 108.7 104.9 Settlements made (in cash or in kind) during the period (34.1 ) (38.2 ) (90.0 ) (78.1 ) Foreign currency translation (17.1 ) 11.6 (9.9 ) 14.5 Balance at June 30 $ 324.8 $ 296.9 $ 324.8 $ 296.9

Net Income Per Common Share (Ta

Net Income Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2018
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 six months ended June 30, 2018 and 2017 is as follows (in millions, except per share data): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Basic net income per share: Net income attributable to AGCO Corporation and subsidiaries $ 91.4 $ 91.5 $ 115.7 $ 81.4 Weighted average number of common shares outstanding 79.3 79.5 79.4 79.5 Basic net income per share attributable to AGCO Corporation and subsidiaries $ 1.15 $ 1.15 $ 1.46 $ 1.02 Diluted net income per share: Net income attributable to AGCO Corporation and subsidiaries $ 91.4 $ 91.5 $ 115.7 $ 81.4 Weighted average number of common shares outstanding 79.3 79.5 79.4 79.5 Dilutive SSARs, performance share awards and RSUs 0.9 0.6 0.9 0.6 Weighted average number of common shares and common share equivalents outstanding for purposes of computing diluted net income per share 80.2 80.1 80.3 80.1 Diluted net income per share attributable to AGCO Corporation and subsidiaries $ 1.14 $ 1.14 $ 1.44 $ 1.02

Derivative Instruments and He33

Derivative Instruments and Hedging Activities (Tables)	6 Months Ended
	Jun. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Summary Of Accumulated Other Comprehensive Loss Related To Derivatives	The following table summarizes the after-tax impact that changes in the fair value of derivatives designated as cash flow hedges had on accumulated other comprehensive loss and net income during the three and six months ended June 30, 2018 and 2017 (in millions): Recognized in Net Income Three Months Ended June 30, Gain (Loss) Recognized in Accumulated Classification of Gain (Loss) Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income Total Amount of the Line Item in the Condensed Consolidated Statements of Operations Containing Hedge Gains (Losses) 2018 Foreign currency contracts $ 0.2 Cost of goods sold $ (0.8 ) $ 1,981.3 Interest rate swap contract (0.2 ) Interest expense, net (0.7 ) 21.2 Total $ — $ (1.5 ) 2017 Foreign currency contracts $ 1.8 Cost of goods sold $ (0.7 ) $ 1,689.8 Interest rate swap contract (0.2 ) Interest expense, net (0.5 ) 11.3 Total $ 1.6 $ (1.2 ) Recognized in Net Income Six Months Ended June 30, Gain (Loss) Recognized in Accumulated Classification of Gain (Loss) Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income Total Amount of the Line Item in the Condensed Consolidated Statements of Operations Containing Hedge Gains (Losses) 2018 Foreign currency contracts (1) $ (1.2 ) Cost of goods sold $ (1.4 ) $ 3,560.8 Interest rate swap contract (0.9 ) Interest expense, net (1.3 ) 31.5 Total $ (2.1 ) $ (2.7 ) 2017 Foreign currency contracts $ 3.2 Cost of goods sold $ (1.4 ) $ 2,987.1 Interest rate swap contract 0.4 Interest expense, net (1.1 ) 22.0 Total $ 3.6 $ (2.5 ) ____________________________________ (1) The outstanding contracts as of June 30, 2018 range in maturity through January 2019. The following table summarizes the activity in accumulated other comprehensive loss related to the derivatives held by the Company during the six months ended June 30, 2018 (in millions): Before-Tax Amount Income Tax After-Tax Amount Accumulated derivative net losses as of December 31, 2017 $ (6.0 ) $ (1.3 ) $ (4.7 ) Net changes in fair value of derivatives (2.4 ) (0.3 ) (2.1 ) Net losses reclassified from accumulated other comprehensive loss into income 2.8 0.1 2.7 Accumulated derivative net losses as of June 30, 2018 $ (5.6 ) $ (1.5 ) $ (4.1 )
Schedule of Derivative Instruments	The following table summarizes the notional values of the instrument designated as a net investment hedge (in millions): Notional Amount as of June 30, 2018 December 31, 2017 Foreign currency denominated debt $ 363.3 $ 374.2 Cross currency swap contract 300.0 — The following table summarizes the after-tax impact of changes in the fair value of the instrument designated as a net investment hedge during the three and six months ended June 30, 2018 and 2017 (in millions): Gain (Loss) Recognized in Accumulated Other Comprehensive Loss for the Three Months Ended Gain (Loss) Recognized in Accumulated Other Comprehensive Loss for the Six Months Ended June 30, 2018 June 30, 2017 June 30, 2018 June 30, 2017 Foreign currency denominated debt $ 21.2 $ (22.9 ) $ 10.9 $ (27.1 ) Cross currency swap contract 16.2 — 11.6 —
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location	The following table summarizes the impact that changes in the fair value of derivatives not designated as hedging instruments had on earnings (in millions): For the Three Months Ended For the Six Months Ended Classification of Gain June 30, 2018 June 30, 2017 June 30, 2018 June 30, 2017 Foreign currency contracts Other expense, net $ (3.8 ) $ 18.1 $ 2.4 $ 21.9
Fair Value Of Derivative Instruments	The table below sets forth the fair value of derivative instruments as of June 30, 2018 (in millions): Asset Derivatives as of Liability Derivatives as of Balance Sheet Location Fair Value Balance Sheet Location Fair Value Derivative instruments designated as hedging instruments: Foreign currency contracts Other current assets $ 1.3 Other current liabilities $ 2.5 Interest rate swap contract Other noncurrent assets — Other noncurrent liabilities 4.4 Cross currency swap contract Other noncurrent assets 11.6 Other noncurrent liabilities — Derivative instruments not designated as hedging instruments: Foreign currency contracts Other current assets 8.6 Other current liabilities 8.1 Total derivative instruments $ 21.5 $ 15.0 The table below sets forth the fair value of derivative instruments as of December 31, 2017 (in millions): Asset Derivatives as of December 31, 2017 Liability Derivatives as of December 31, 2017 Balance Sheet Location Fair Value Balance Sheet Location Fair Value Derivative instruments designated as hedging instruments: Foreign currency contracts Other current assets $ — Other current liabilities $ 1.2 Interest rate swap contract Other noncurrent assets — Other noncurrent liabilities 4.8 Derivative instruments not designated as hedging instruments: Foreign currency contracts Other current assets 7.8 Other current liabilities 11.0 Total derivative instruments $ 7.8 $ 17.0 Assets and liabilities measured at fair value on a recurring basis as of June 30, 2018 and December 31, 2017 are summarized below (in millions): As of June 30, 2018 Level 1 Level 2 Level 3 Total Derivative assets $ — $ 21.5 $ — $ 21.5 Derivative liabilities $ — $ 15.0 $ — $ 15.0 As of December 31, 2017 Level 1 Level 2 Level 3 Total Derivative assets $ — $ 7.8 $ — $ 7.8 Derivative liabilities $ — $ 17.0 $ — $ 17.0

Changes in Stockholders' Equi34

Changes in Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2018
Stockholders' Equity Note [Abstract]
Schedule of Stockholders Equity	The following table sets forth changes in stockholders’ equity attributed to AGCO Corporation and its subsidiaries and to noncontrolling interests for the six months ended June 30, 2018 (in millions): Common Stock Additional Paid-in Capital Retained Earnings Accumulated Other Comprehensive Loss Noncontrolling Interests Total Stockholders’ Equity Balance, December 31, 2017 $ 0.8 $ 136.6 $ 4,253.8 $ (1,361.6 ) $ 65.7 $ 3,095.3 Stock compensation — 22.5 — — — 22.5 Issuance of stock awards — (3.0 ) — — — (3.0 ) SSARs exercised — (0.4 ) — — — (0.4 ) Comprehensive income: Net income (loss) — — 115.7 — (0.3 ) 115.4 Other comprehensive loss, net of reclassification adjustments: Foreign currency translation adjustments — — — (178.6 ) (2.1 ) (180.7 ) Defined benefit pension plans, net of tax — — — 6.1 — 6.1 Unrealized loss on derivatives, net of tax — — — 0.6 — 0.6 Payment of dividends to stockholders — — (23.8 ) — — (23.8 ) Purchases and retirement of common stock — (34.3 ) — — — (34.3 ) Adjustment related to the adoption of ASU 2014-09 — — 0.4 — — 0.4 Balance, June 30, 2018 $ 0.8 $ 121.4 $ 4,346.1 $ (1,533.5 ) $ 63.3 $ 2,998.1
Schedule of Comprehensive Income (Loss)	Total comprehensive (loss) income attributable to noncontrolling interests for the three and six months ended June 30, 2018 and 2017 was as follows (in millions): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Net (loss) income $ (1.0 ) $ 0.1 $ (0.3 ) $ 2.0 Other comprehensive (loss) income: Foreign currency translation adjustments (2.2 ) (1.0 ) (2.1 ) 0.6 Total comprehensive (loss) income $ (3.2 ) $ (0.9 ) $ (2.4 ) $ 2.6
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 six months ended June 30, 2018 (in millions): Defined Benefit Pension Plans Deferred Net (Losses) Gains on Derivatives Cumulative Translation Adjustment Total Accumulated other comprehensive loss, December 31, 2017 $ (285.1 ) $ (4.7 ) $ (1,071.8 ) $ (1,361.6 ) Other comprehensive loss before reclassifications — (2.1 ) (178.6 ) (180.7 ) Net losses reclassified from accumulated other comprehensive loss 6.1 2.7 — 8.8 Other comprehensive income (loss), net of reclassification adjustments 6.1 0.6 (178.6 ) (171.9 ) Accumulated other comprehensive loss, June 30, 2018 $ (279.0 ) $ (4.1 ) $ (1,250.4 ) $ (1,533.5 ) The following table summarizes the activity in accumulated other comprehensive loss related to the Company’s defined pension and postretirement benefit plans during the six months ended June 30, 2018 (in millions): Before-Tax Amount Income Tax After-Tax Amount Accumulated other comprehensive loss as of December 31, 2017 $ (380.6 ) $ (95.5 ) $ (285.1 ) Amortization of net actuarial losses 6.3 0.9 5.4 Amortization of prior service cost 0.7 — 0.7 Accumulated other comprehensive loss as of June 30, 2018 $ (373.6 ) $ (94.6 ) $ (279.0 )
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 months ended June 30, 2018 and 2017 (in millions): Amount Reclassified from Accumulated Other Comprehensive Loss Affected Line Item within the Condensed Consolidated Statements of Operations Details about Accumulated Other Comprehensive Loss Components Three Months Ended June 30, 2018 (1) Three Months Ended June 30, 2017 (1) Derivatives: Net losses on foreign currency contracts $ 0.9 $ 0.8 Cost of goods sold Net losses on interest rate swap contract 0.7 0.5 Interest expense, net Reclassification before tax 1.6 1.3 (0.1 ) (0.1 ) Income tax provision Reclassification net of tax $ 1.5 $ 1.2 Defined benefit pension plans: Amortization of net actuarial losses $ 3.2 $ 3.1 (2) Amortization of prior service cost 0.3 0.3 (2) Reclassification before tax 3.5 3.4 (0.5 ) (0.5 ) Income tax provision Reclassification net of tax $ 3.0 $ 2.9 Net losses reclassified from accumulated other comprehensive loss $ 4.5 $ 4.1 ____________________________________ (1) Losses included within the Condensed Consolidated Statements of Operations for the three months ended June 30, 2018 and 2017 . (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. The following table sets forth reclassification adjustments out of accumulated other comprehensive loss by component attributed to AGCO Corporation and its subsidiaries for the six months ended June 30, 2018 and 2017 (in millions): Amount Reclassified from Accumulated Other Comprehensive Loss Affected Line Item within the Condensed Consolidated Statements of Operations Details about Accumulated Other Comprehensive Loss Components Six months ended June 30, 2018 (1) Six months ended June 30, 2017 (1) Derivatives: Net losses on foreign currency contracts $ 1.5 $ 1.5 Cost of goods sold Net losses on interest rate swap contract 1.3 1.1 Interest expense, net Reclassification before tax 2.8 2.6 (0.1 ) (0.1 ) Income tax provision Reclassification net of tax $ 2.7 $ 2.5 Defined benefit pension plans: Amortization of net actuarial losses $ 6.3 $ 6.1 (2) Amortization of prior service cost 0.7 0.7 (2) Reclassification before tax 7.0 6.8 (0.9 ) (1.0 ) Income tax provision Reclassification net of tax $ 6.1 $ 5.8 Net losses reclassified from accumulated other comprehensive loss $ 8.8 $ 8.3

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2018
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net Pension And Postretirement Cost	Six Months Ended June 30, Pension benefits 2018 2017 Service cost $ 9.7 $ 8.6 Interest cost 10.2 10.2 Expected return on plan assets (18.7 ) (17.8 ) Amortization of net actuarial losses 6.2 6.1 Amortization of prior service cost 0.6 0.6 Net periodic pension cost $ 8.0 $ 7.7 Six Months Ended June 30, Postretirement benefits 2018 2017 Service cost $ 0.1 $ 0.1 Interest cost 0.7 0.8 Amortization of net actuarial losses 0.1 — Amortization of prior service cost 0.1 0.1 Net periodic postretirement benefit cost $ 1.0 $ 1.0
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 six months ended June 30, 2018 (in millions): Defined Benefit Pension Plans Deferred Net (Losses) Gains on Derivatives Cumulative Translation Adjustment Total Accumulated other comprehensive loss, December 31, 2017 $ (285.1 ) $ (4.7 ) $ (1,071.8 ) $ (1,361.6 ) Other comprehensive loss before reclassifications — (2.1 ) (178.6 ) (180.7 ) Net losses reclassified from accumulated other comprehensive loss 6.1 2.7 — 8.8 Other comprehensive income (loss), net of reclassification adjustments 6.1 0.6 (178.6 ) (171.9 ) Accumulated other comprehensive loss, June 30, 2018 $ (279.0 ) $ (4.1 ) $ (1,250.4 ) $ (1,533.5 ) The following table summarizes the activity in accumulated other comprehensive loss related to the Company’s defined pension and postretirement benefit plans during the six months ended June 30, 2018 (in millions): Before-Tax Amount Income Tax After-Tax Amount Accumulated other comprehensive loss as of December 31, 2017 $ (380.6 ) $ (95.5 ) $ (285.1 ) Amortization of net actuarial losses 6.3 0.9 5.4 Amortization of prior service cost 0.7 — 0.7 Accumulated other comprehensive loss as of June 30, 2018 $ (373.6 ) $ (94.6 ) $ (279.0 )
Pension Plan [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 three months ended June 30, 2018 and 2017 are set forth below (in millions): Three Months Ended June 30, Pension benefits 2018 2017 Service cost $ 4.8 $ 4.4 Interest cost 5.1 5.2 Expected return on plan assets (9.3 ) (9.1 ) Amortization of net actuarial losses 3.1 3.1 Amortization of prior service cost 0.3 0.3 Net periodic pension cost $ 4.0 $ 3.9
Postretirement Benefits [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net Pension And Postretirement Cost	Three Months Ended June 30, Postretirement benefits 2018 2017 Service cost $ 0.1 $ 0.1 Interest cost 0.3 0.4 Amortization of net actuarial losses 0.1 — Net periodic postretirement benefit cost $ 0.5 $ 0.5

Fair Value of Financial Instr36

Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2018
Fair Value Disclosures [Abstract]
Fair Value Of Derivative Instruments	The table below sets forth the fair value of derivative instruments as of June 30, 2018 (in millions): Asset Derivatives as of Liability Derivatives as of Balance Sheet Location Fair Value Balance Sheet Location Fair Value Derivative instruments designated as hedging instruments: Foreign currency contracts Other current assets $ 1.3 Other current liabilities $ 2.5 Interest rate swap contract Other noncurrent assets — Other noncurrent liabilities 4.4 Cross currency swap contract Other noncurrent assets 11.6 Other noncurrent liabilities — Derivative instruments not designated as hedging instruments: Foreign currency contracts Other current assets 8.6 Other current liabilities 8.1 Total derivative instruments $ 21.5 $ 15.0 The table below sets forth the fair value of derivative instruments as of December 31, 2017 (in millions): Asset Derivatives as of December 31, 2017 Liability Derivatives as of December 31, 2017 Balance Sheet Location Fair Value Balance Sheet Location Fair Value Derivative instruments designated as hedging instruments: Foreign currency contracts Other current assets $ — Other current liabilities $ 1.2 Interest rate swap contract Other noncurrent assets — Other noncurrent liabilities 4.8 Derivative instruments not designated as hedging instruments: Foreign currency contracts Other current assets 7.8 Other current liabilities 11.0 Total derivative instruments $ 7.8 $ 17.0 Assets and liabilities measured at fair value on a recurring basis as of June 30, 2018 and December 31, 2017 are summarized below (in millions): As of June 30, 2018 Level 1 Level 2 Level 3 Total Derivative assets $ — $ 21.5 $ — $ 21.5 Derivative liabilities $ — $ 15.0 $ — $ 15.0 As of December 31, 2017 Level 1 Level 2 Level 3 Total Derivative assets $ — $ 7.8 $ — $ 7.8 Derivative liabilities $ — $ 17.0 $ — $ 17.0

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2018
Segment Reporting [Abstract]
Sales Information By Reportable Segments	Segment results for the three and six months ended June 30, 2018 and 2017 and assets as of June 30, 2018 and December 31, 2017 based on the Company’s reportable segments are as follows (in millions): Three Months Ended June 30, North South Europe/ Asia/ Consolidated 2018 Net sales $ 600.5 $ 219.6 $ 1,545.2 $ 172.3 $ 2,537.6 Income (loss) from operations 37.6 (16.7 ) 208.5 4.6 234.0 Depreciation 16.8 7.3 28.4 3.4 55.9 Capital expenditures 10.1 7.3 24.3 2.0 43.7 2017 Net sales $ 478.8 $ 251.9 $ 1,269.5 $ 165.0 $ 2,165.2 Income from operations 23.6 2.8 170.3 5.7 202.4 Depreciation 15.7 7.9 28.0 3.0 54.6 Capital expenditures 9.1 8.4 15.5 2.2 35.2 Six Months Ended June 30, North America South America Europe/ Middle East Asia/ Pacific/Africa Consolidated 2018 Net sales $ 1,103.4 $ 401.7 $ 2,708.9 $ 331.1 $ 4,545.1 Income (loss) from operations 64.4 (33.3 ) 307.5 9.3 347.9 Depreciation 34.0 15.3 58.4 7.4 115.1 Capital expenditures 22.2 14.2 49.4 4.0 89.8 2017 Net sales $ 861.4 $ 474.1 $ 2,162.0 $ 295.3 $ 3,792.8 Income from operations 26.6 5.2 233.8 7.8 273.4 Depreciation 29.9 14.7 56.7 7.6 108.9 Capital expenditures 31.1 20.1 36.5 4.6 92.3 Assets As of June 30, 2018 $ 1,145.2 $ 706.0 $ 2,218.6 $ 517.7 $ 4,587.5 As of December 31, 2017 $ 1,064.1 $ 752.1 $ 2,074.4 $ 499.4 $ 4,390.0
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 June 30, Six Months Ended June 30, 2018 2017 2018 2017 Segment income from operations $ 234.0 $ 202.4 $ 347.9 $ 273.4 Corporate expenses (32.5 ) (30.1 ) (65.9 ) (55.5 ) Stock compensation expense (12.5 ) (9.8 ) (20.9 ) (21.2 ) Restructuring expenses (2.7 ) (0.4 ) (8.6 ) (5.5 ) Amortization of intangibles (18.2 ) (13.8 ) (33.9 ) (27.2 ) Consolidated income from operations $ 168.1 $ 148.3 $ 218.6 $ 164.0
Reconciliation of Assets from Segment to Consolidated	June 30, 2018 December 31, 2017 Segment assets $ 4,587.5 $ 4,390.0 Cash and cash equivalents 280.6 367.7 Investments in affiliates 411.2 409.0 Deferred tax assets, other current and noncurrent assets 633.0 614.6 Intangible assets, net 608.1 649.0 Goodwill 1,503.7 1,541.4 Consolidated total assets $ 8,024.1 $ 7,971.7

Revenue (Tables)

Revenue (Tables)	3 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2018
Revenue from Contract with Customer [Abstract]
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area and by Product	Net sales for the three months ended June 30, 2018 disaggregated by primary geographical markets and major products consisted of the following (in millions): North America South America Europe/Middle East (1) Asia/Pacific/Africa (1) Consolidated Primary geographical markets: United States $ 468.4 $ — $ — $ — $ 468.4 Canada 101.3 — — — 101.3 South America — 213.7 — — 213.7 Germany — — 389.7 — 389.7 France — — 250.2 — 250.2 United Kingdom and Ireland — — 172.8 — 172.8 Finland and Scandinavia — — 231.7 — 231.7 Other Europe — — 495.1 — 495.1 Middle East and Algeria — — 5.7 — 5.7 Africa — — — 22.0 22.0 Asia — — — 87.0 87.0 Australia and New Zealand — — — 63.3 63.3 Mexico, Central America and Caribbean 30.8 5.9 — — 36.7 $ 600.5 $ 219.6 $ 1,545.2 $ 172.3 $ 2,537.6 Major products: Tractors $ 173.7 $ 148.2 $ 1,049.5 $ 75.9 $ 1,447.3 Replacement parts 97.7 21.9 252.7 15.9 388.2 Other machinery 79.5 15.6 138.0 16.5 249.6 Grain storage and protein production systems 171.5 12.2 58.4 59.9 302.0 Combines 24.6 14.4 39.6 2.2 80.8 Application equipment 53.5 7.3 6.9 2.0 69.7 $ 600.5 $ 219.6 $ 1,545.2 $ 172.3 $ 2,537.6
Contract with Customer, Asset and Liability		Significant changes in the balance of contract assets and liabilities for the three and six months ended as of June 30, 2018 were as follows (in millions): Contract Assets Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 (1) Balance at beginning of period $ 10.4 $ 10.1 Additions for expected returns of replacement parts sold during the period 5.5 10.4 Transfer of returned replacement parts to inventory (4.5 ) (9.1 ) Foreign currency translation (0.1 ) (0.1 ) Balance as of June 30, 2018 $ 11.3 $ 11.3 Contract Liabilities Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 (1) Balance at beginning of period $ 119.1 $ 104.4 Advance consideration received 23.4 57.9 Accrual for expected reimbursement of replacement parts sold during the period 12.9 24.5 Revenue recognized during the period for extended warranty contracts (6.3 ) (12.7 ) Revenue recognized during the period related to installation of grain storage and protein production systems (33.1 ) (48.6 ) Replacement part settlements made during the period (10.8 ) (22.1 ) Foreign currency translation (3.3 ) (1.5 ) Balance as of June 30, 2018 $ 101.9 $ 101.9

Basis of Presentation (Narrativ

Basis of Presentation (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	$ 2,537.6	$ 2,165.2	$ 4,545.1	$ 3,792.8
Assets	8,024.1		8,024.1		$ 7,971.7
Cumulative effect of new accounting principle in period of adoption	0.4		0.4
Retained Earnings [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative effect of new accounting principle in period of adoption	0.4		0.4
Accounting Standards Update 2017-07
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Change on Net Income	0.1
Wholly Owned Subsidiary in Argentina [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue from Contract with Customer, Including Assessed Tax			49.2
Assets	$ 118.8		$ 118.8

Basis of Presentation (Impact o

Basis of Presentation (Impact of Adopting ASU 2014-09 on the Condensed Consolidated Balance Sheet) (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Accounts, Notes, Loans and Financing Receivable, Net, Current	$ 1,047.1	$ 1,019.4
Assets [Abstract]
Total current assets	3,843.9	3,627.7
Other current assets	384.3	367.7
Total assets	8,024.1	7,971.7
Liabilities and Equity [Abstract]
Accrued expenses	1,385.5	1,407.9
Total current liabilities	2,700.5	2,650.6
Retained earnings	4,346.1	4,253.8
Total stockholder’s equity	2,998.1	3,095.3
Total liabilities and stockholder’s equity	8,024.1	$ 7,971.7
Balances Without Adoption of ASU 2014-09
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Accounts, Notes, Loans and Financing Receivable, Net, Current	1,046.9
Assets [Abstract]
Total current assets	3,832.4
Other current assets	373
Total assets	8,012.6
Liabilities and Equity [Abstract]
Accrued expenses	1,373.3
Total current liabilities	2,688.3
Retained earnings	4,346.8
Total stockholder’s equity	2,998.8
Total liabilities and stockholder’s equity	8,012.6
Accounting Standards Update 2014-09 | Increase (Decrease) Due to Adoption
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Accounts, Notes, Loans and Financing Receivable, Net, Current	0.2
Assets [Abstract]
Total current assets	11.5
Other current assets	11.3
Total assets	11.5
Liabilities and Equity [Abstract]
Accrued expenses	12.2
Total current liabilities	12.2
Retained earnings	(0.7)
Total stockholder’s equity	(0.7)
Total liabilities and stockholder’s equity	$ 11.5

Restructuring Expenses (Details

Restructuring Expenses (Details) $ in Millions	3 Months Ended			6 Months Ended		48 Months Ended
	Jun. 30, 2018USD ($)	Mar. 31, 2018USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2018USD ($)employees	Jun. 30, 2017USD ($)	Dec. 31, 2017USD ($)employees
Restructuring Cost and Reserve [Line Items]
Restructuring and related cost, headcount reduction (approximately) | employees				340		3,370
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning of period	$ 13.2	$ 10.9		$ 10.9
Restructuring expenses	2.7	5.9	$ 0.4	8.6	$ 5.5
Cash expense	2.4
Less: Non-cash activity	(0.3)
Restructuring cash activity	(4.7)	(3.7)
Foreign currency translation	(0.8)	0.1
Restructuring reserve, end of period	10.1	13.2		10.1		$ 10.9
Write-down Of Property, Plant And Equipment [Member]
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning of period	0	0		0
Restructuring expenses	0.3	0
Cash expense	0
Less: Non-cash activity	(0.3)
Restructuring cash activity	0	0
Foreign currency translation	0	0
Restructuring reserve, end of period	0	0		0		0
Employee Severance [Member]
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning of period	13.2	10.9		10.9
Restructuring expenses	2.4	5.9
Cash expense	2.4
Less: Non-cash activity	0
Restructuring cash activity	(4.7)	(3.7)
Foreign currency translation	(0.8)	0.1
Restructuring reserve, end of period	$ 10.1	$ 13.2		$ 10.1		$ 10.9

Stock Compensation Plans (Narra

Stock Compensation Plans (Narrative) (Details) $ / shares in Units, $ in Millions	Apr. 27, 2017shares	Jun. 30, 2018USD ($)$ / sharesshares	Jun. 30, 2017USD ($)$ / shares	Jun. 30, 2018USD ($)$ / sharesshares	Jun. 30, 2017USD ($)$ / shares	Dec. 31, 2017shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, shares authorized		150,000,000		150,000,000		150,000,000
Stock compensation expense | $		$ 13.6	$ 10.8	$ 22.8	$ 22.8
2006 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, shares authorized		10,000,000		10,000,000
Shares available for grant, shares		3,498,486		3,498,486
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant-date fair value of performance awards granted, dollars per share | $ / shares				$ 71.40	$ 61.83
Shares awarded				441,740
Share-based compensation cost not yet recognized | $		$ 47.6		$ 47.6
Share-based compensation, recognition period of unrecognized compensation cost, years				2 years
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant-date fair value of performance awards granted, dollars per share | $ / shares		$ 71.40	$ 61.83
Shares awarded				110,404
Share-based compensation cost not yet recognized | $		$ 11.2		$ 11.2
Share-based compensation, recognition period of unrecognized compensation cost, years				2 years
Shares received for every restricted stock unit award given				1
Requisite period				3 years
Stock Appreciation Rights (SARs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation cost not yet recognized | $		$ 5.1		$ 5.1
Share-based compensation, recognition period of unrecognized compensation cost, years				3 years
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock issued, shares	17,226
Restricted common stocks issued, shares	12,629
Stock compensation expense | $				$ 1.1
Vesting Year One [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage				33.33%
Vesting Year Two [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage				33.33%
Vesting Year Three [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage				33.33%

Stock Compensation Plans (Sched

Stock Compensation Plans (Schedule of Employee Service Share-based Compensation, Allocation of Recognized Costs) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock compensation expense	$ 13.6	$ 10.8	$ 22.8	$ 22.8
Cost of goods sold [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock compensation expense	1.1	1	1.9	1.6
Selling, general and administrative expenses [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock compensation expense	$ 12.5	$ 9.8	$ 20.9	$ 21.2

Stock Compensation Plans (Perfo

Stock Compensation Plans (Performance Award Transactions) (Details) - Performance Shares [Member]	6 Months Ended
	Jun. 30, 2018shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding [Roll Forward]
Shares awarded but not earned, beginning of period	1,645,078
Shares awarded	441,740
Shares forfeited	(42,900)
Shares earned	0
Shares awarded but not earned, end of period	2,043,918

Stock Compensation Plans (Restr

Stock Compensation Plans (Restricted Stock Unit Award Transactions) (Details) - Restricted Stock Units (RSUs) [Member]	6 Months Ended
	Jun. 30, 2018shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding [Roll Forward]
Shares awarded but not earned, beginning of period	237,468
Shares awarded	110,404
Shares forfeited	(5,178)
Shares earned	(117,172)
Shares awarded but not earned, end of period	225,522

Stock Compensation Plans (SSAR

Stock Compensation Plans (SSAR Activity) (Details) - Stock Appreciation Rights (SARs) [Member]	6 Months Ended
	Jun. 30, 2018shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding [Roll Forward]
SSARs outstanding, beginning of period, shares	1,060,192
SSARs granted, shares	157,700
SSARs exercised, shares	(80,475)
SSARs canceled or forfeited, shares	(7,400)
SSARs outstanding, end of period, shares	1,130,017

Goodwill and Other Intangible47

Goodwill and Other Intangible Assets (Schedule of Change in Carrying Amount) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2018USD ($)
Gross carrying amounts:
Balance at beginning of period	$ 977.9
Foreign currency translation	(16.1)
Balance at end of period	961.8
Accumulated amortization:
Balance at beginning of period	417.5
Amortization expense and impairment charge	33.9
Foreign currency translation	(10.1)
Balance at end of period	441.3
Trademarks and Tradenames [Member]
Gross carrying amounts:
Balance at beginning of period	208.4
Foreign currency translation	(3.1)
Balance at end of period	205.3
Accumulated amortization:
Balance at beginning of period	61.4
Amortization expense and impairment charge	8.1
Foreign currency translation	(1)
Balance at end of period	68.5
Customer Relationships [Member]
Gross carrying amounts:
Balance at beginning of period	600.4
Foreign currency translation	(10.1)
Balance at end of period	590.3
Accumulated amortization:
Balance at beginning of period	279.7
Amortization expense and impairment charge	20.5
Foreign currency translation	(7.2)
Balance at end of period	293
Patents and Technology [Member]
Gross carrying amounts:
Balance at beginning of period	160
Foreign currency translation	(2.7)
Balance at end of period	157.3
Accumulated amortization:
Balance at beginning of period	73.4
Amortization expense and impairment charge	5.2
Foreign currency translation	(1.9)
Balance at end of period	76.7
Land Use Rights [Member]
Gross carrying amounts:
Balance at beginning of period	9.1
Foreign currency translation	(0.2)
Balance at end of period	8.9
Accumulated amortization:
Balance at beginning of period	3
Amortization expense and impairment charge	0.1
Foreign currency translation	0
Balance at end of period	$ 3.1
Minimum [Member]
Accumulated amortization:
Estimated useful life, years	3 years
Maximum [Member]
Accumulated amortization:
Estimated useful life, years	50 years

Goodwill and Other Intangible48

Goodwill and Other Intangible Assets (Indefinite-Lived Intangible Assets) (Details) - Trademarks and Tradenames [Member] $ in Millions	6 Months Ended
	Jun. 30, 2018USD ($)
Indefinite-lived intangible assets:
Balance at beginning of period	$ 88.6
Foreign currency translation	(1)
Balance at end of period	$ 87.6

Goodwill and Other Intangible49

Goodwill and Other Intangible Assets (Schedule of Goodwill) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2018USD ($)
Goodwill
Goodwill at beginning of period	$ 1,541.4
Adjustment	1.9
Foreign currency translation	(39.6)
Goodwill at end of period	1,503.7
North America
Goodwill
Goodwill at beginning of period	611.1
Adjustment	0
Foreign currency translation	0
Goodwill at end of period	611.1
South America
Goodwill
Goodwill at beginning of period	136.4
Adjustment	0
Foreign currency translation	(19.3)
Goodwill at end of period	117.1
EME
Goodwill
Goodwill at beginning of period	671
Adjustment	1.9
Foreign currency translation	(18.2)
Goodwill at end of period	654.7
APA
Goodwill
Goodwill at beginning of period	122.9
Adjustment	0
Foreign currency translation	(2.1)
Goodwill at end of period	$ 120.8

Indebtedness (Components Of Ind

Indebtedness (Components Of Indebtedness) (Details) $ in Millions	Jun. 30, 2018USD ($)	Jun. 30, 2018EUR (€)	Dec. 31, 2017USD ($)
Debt Instrument [Line Items]
Other long-term debt	$ 46.8		$ 61
Debt issuance costs	(2.6)		(4)
Long-term Debt	1,745.9		1,642.9
Current portion of long term debt	(17.9)		(24.8)
Total long-term debt, less current portion	1,728		1,618.1
Senior Unsecured Term Loan Due January 15, 2020, 1.056% [Member]
Debt Instrument [Line Items]
Senior notes	232.9	€ 200,000,000	239.8
Term Loan Facility [Member]
Debt Instrument [Line Items]
Credit facility	799.9		471.2
Senior Notes Due 2021 [Member]
Debt Instrument [Line Items]
Senior notes	116.4		119.9
5 7/8% Senior Notes due 2021 [Member]
Debt Instrument [Line Items]
Senior notes	115.9		305.3
Term Loans Due 2019 and 2026 [Member]
Debt Instrument [Line Items]
Senior notes	$ 436.6		$ 449.7

Indebtedness (Debt Terms) (Deta

Indebtedness (Debt Terms) (Details) - Term Loan Facility [Member] $ in Millions	Aug. 01, 2018USD ($)	Aug. 01, 2018EUR (€)	Jun. 30, 2018USD ($)	Oct. 31, 2016EUR (€)
Term Loan, Floating Rate Due October 19, 2019 0.75% [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, percent				0.75%
Debt instrument, face amount				€ 1,000,000
Term Loan, Fixed Rate Due October 19, 2019 0.75% [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, percent				0.75%
Debt instrument, face amount				€ 55,000,000
Term Loan, Floating Rate Due October 19, 2021 1.00% [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, percent				1.00%
Debt instrument, face amount				€ 25,500,000
Term Loan, Fixed Rate Due October 19, 2026 1.98% [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, percent				1.98%
Debt instrument, face amount				€ 52,500,000
Term Loan, Fixed Rate Due October 19, 2021 1.00% [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, percent				1.00%
Debt instrument, face amount				€ 166,500,000
Term Loan, Floating Rate Due October 19, 2023 1.25% [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, percent				1.25%
Debt instrument, face amount				€ 1,000,000
Term Loan, Fixed Rate Due October 19, 2023 1.33% [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, percent				1.33%
Debt instrument, face amount				€ 73,500,000
Term Loans Due 2019 and 2026 [Member]
Debt Instrument [Line Items]
Debt instrument, face amount			$ 436.6	€ 375,000,000
Subsequent Event [Member] | Term Loan, Floating Rate Due August 1, 2021 0.70% [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, percent	0.70%	0.70%
Debt instrument, face amount		€ 32,000,000
Subsequent Event [Member] | Term Loan, Fixed Rate Due August 1, 2021 0.75% [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, percent	0.70%	0.70%
Debt instrument, face amount		€ 40,000,000
Subsequent Event [Member] | Term Loan, Floating Rate Due August 1, 2023 0.90% [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, percent	0.90%	0.90%
Debt instrument, face amount		€ 72,500,000
Subsequent Event [Member] | Term Loan, Fixed Rate Due August 1, 2023 1.20% [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, percent	1.20%	1.20%
Debt instrument, face amount		€ 99,500,000
Subsequent Event [Member] | Term Loan, Floating Rate Due August 1, 2025 1.10% [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, percent	1.10%	1.10%
Debt instrument, face amount		€ 30,500,000
Subsequent Event [Member] | Term Loan, Fixed Rate Due August 1, 2025 1.67% [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, percent	1.67%	1.67%
Debt instrument, face amount		€ 32,500,000
Subsequent Event [Member] | Term Loan, Fixed Rate Due August 1 2028 2.26% [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, percent	2.26%	2.26%
Debt instrument, face amount		€ 31,000,000
Subsequent Event [Member] | Term Loans Due Between 2021 and 2028 [Member]
Debt Instrument [Line Items]
Debt instrument, face amount	$ 394.7	€ 338,000,000

Indebtedness (Narrative) (Detai

Indebtedness (Narrative) (Details)	May 09, 2018USD ($)	Apr. 30, 2016EUR (€)loan_agreement	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Dec. 31, 2017USD ($)	Aug. 01, 2018USD ($)loan_agreement	Aug. 01, 2018EUR (€)loan_agreement	Jun. 30, 2018EUR (€)	Dec. 31, 2017EUR (€)	Oct. 31, 2016EUR (€)loan_agreement	Dec. 31, 2014EUR (€)
Debt Instrument [Line Items]
Debt instrument, unused borrowing capacity | €													€ 200,000,000
Remaining borrowing capacity on line of credit facility			$ 363,400,000		$ 363,400,000
Short-term borrowings			197,700,000		197,700,000		$ 90,800,000
Amortization of deferred hedge gains	$ 3,000,000
Repurchase amount, principal	$ 185,900,000
Conversion ratio	1.0775
Purchase price of repurchased debt	$ 200,300,000
Loss on Extinguishment of Debt	$ 15,700,000
Outstanding letters of credit			14,100,000		$ 14,100,000		15,200,000
Line of Credit [Member] | Interest Accrual, Option Two [Member]
Debt Instrument [Line Items]
Margin on variable rate					0.50%
Line of Credit [Member] | Interest Accrual, Option Three [Member]
Debt Instrument [Line Items]
Margin on variable rate					1.00%
Line of Credit [Member] | Minimum [Member] | Interest Accrual, Option One [Member]
Debt Instrument [Line Items]
Margin on variable rate					1.00%
Line of Credit [Member] | Minimum [Member] | Interest Accrual, Option Three [Member] | Variable Basis, Additional Margin [Member]
Debt Instrument [Line Items]
Margin on variable rate					0.00%
Line of Credit [Member] | Maximum [Member] | Interest Accrual, Option One [Member]
Debt Instrument [Line Items]
Margin on variable rate					1.75%
Line of Credit [Member] | Maximum [Member] | Interest Accrual, Option Three [Member] | Variable Basis, Additional Margin [Member]
Debt Instrument [Line Items]
Margin on variable rate					0.25%
Term Loan Facility [Member]
Debt Instrument [Line Items]
Amount outstanding			363,300,000		$ 363,300,000		374,200,000			€ 312,000,000	€ 312,000,000
Credit facility			799,900,000		799,900,000		471,200,000
Senior Unsecured Term Loan Due January 15, 2020, 1.056% [Member]
Debt Instrument [Line Items]
Senior notes			$ 232,900,000		$ 232,900,000		$ 239,800,000			€ 200,000,000
Debt instrument, interest rate, percent			1.056%		1.056%		1.056%			1.056%	1.056%
5 7/8% Senior Notes due 2021 [Member]
Debt Instrument [Line Items]
Senior notes			$ 115,900,000		$ 115,900,000		$ 305,300,000
Debt instrument, interest rate, percent			5.875%		5.875%		5.875%			5.875%	5.875%
Debt instrument, face amount							$ 305,300,000
Debt instrument, redemption price, percentage					100.00%
5 7/8% Senior Notes due 2021 [Member] | Interest Accrual, Option Two [Member]
Debt Instrument [Line Items]
Margin on variable rate					0.50%
Senior Unsecured Term Loan Due April 26, 2021, Total [Member] | Minimum [Member]
Debt Instrument [Line Items]
Margin on variable rate		1.00%
Senior Unsecured Term Loan Due April 26, 2021, Total [Member] | Maximum [Member]
Debt Instrument [Line Items]
Margin on variable rate		1.75%
Senior Unsecured Term Loan Due April 26, 2021, First Loan [Member]
Debt Instrument [Line Items]
Debt instrument, face amount		€ 100,000,000	$ 116,400,000		$ 116,400,000
Senior Unsecured Term Loan Due April 26, 2021, Second Loan [Member]
Debt Instrument [Line Items]
Debt instrument, face amount		€ 200,000,000	239,800,000		239,800,000
Revolving Credit Facility [Member] | Line of Credit [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity on line of credit facility			800,000,000		800,000,000
Credit facility			$ 436,600,000		$ 436,600,000		97,000,000
Remaining borrowing capacity on line of credit facility							703,000,000
Rabobank [Member] | Senior Unsecured Term Loan Due April 26, 2021, Total [Member]
Debt Instrument [Line Items]
Number of loan agreements entered | loan_agreement		2
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, percent			0.33%		0.33%					0.33%
Fair Value Hedging [Member] | Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]
Debt Instrument [Line Items]
Deferred gain on hedge termination							7,300,000
Unamortized Deferred Gain On Hedge Termination			$ 1,800,000		$ 1,800,000		$ 5,300,000
Amortization of deferred hedge gains			3,200,000	$ 400,000	3,500,000	$ 700,000
Term Loans Due 2019 and 2026 [Member] | Term Loan Facility [Member]
Debt Instrument [Line Items]
Number of loan agreements entered | loan_agreement												7
Debt instrument, face amount			$ 436,600,000		$ 436,600,000							€ 375,000,000
Term Loans Due Between 2021 and 2028 [Member] | Subsequent Event [Member] | Term Loan Facility [Member]
Debt Instrument [Line Items]
Number of loan agreements entered | loan_agreement								7	7
Debt instrument, face amount								$ 394,700,000	€ 338,000,000

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Inventory Disclosure [Abstract]
Finished goods	$ 781.2	$ 684.1
Repair and replacement parts	611.4	605.9
Work in process	264.1	178.7
Raw materials	475.2	404.2
Inventories, net	$ 2,131.9	$ 1,872.9

Product Warranty (Details)

Product Warranty (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Warranty reserve activity:
Balance at beginning of period	$ 325.8	$ 270.1	$ 316	$ 255.6
Accruals for warranties issued during the period	50.2	53.4	108.7	104.9
Settlements made (in cash or in kind) during the period	(34.1)	(38.2)	(90)	(78.1)
Foreign currency translation	(17.1)	11.6	(9.9)	14.5
Balance at end of period	324.8	$ 296.9	$ 324.8	$ 296.9
Product warranty period, minimum, years			1 year
Product warranty period, maximum, years			4 years
Product warranty accrual, current	281		$ 281		$ 273.6
Product warranty accrual, noncurrent	$ 43.8		$ 43.8		$ 42.4

Net Income Per Common Share (De

Net Income Per Common Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Basic net income per share:
Net income attributable to AGCO Corporation and subsidiaries	$ 91.4	$ 91.5	$ 115.7	$ 81.4
Weighted average number of common shares outstanding, shares	79.3	79.5	79.4	79.5
Basic net income per share attributable to AGCO Corporation and subsidiaries, dollars per share	$ 1.15	$ 1.15	$ 1.46	$ 1.02
Diluted net income per share:
Dilutive SSARs, performance share awards and restricted stock awards, shares	0.9	0.6	0.9	0.6
Weighted average number of common shares and common share equivalents outstanding for purposes of computing diluted income per share, shares	80.2	80.1	80.3	80.1
Diluted net income per share attributable to AGCO Corporation and subsidiaries, dollars per share	$ 1.14	$ 1.14	$ 1.44	$ 1.02
Stock Appreciation Rights (SARs) [Member]
Diluted net income per share:
SSARs excluded from earnings per share computation, shares	0.4	0.3

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Unrecognized income tax benefits that would affect effective tax rate	$ 167.1	$ 163.4
Accrued or deferred taxes relating to uncertain income tax positions	56.6	61.8
Accrued interest and penalties relating to unrecognized tax benefits	$ 25	$ 23

Derivative Instruments and He57

Derivative Instruments and Hedging Activities (Narrative) (Details) € in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2018USD ($)country	Dec. 31, 2017USD ($)	Jan. 31, 2018USD ($)	Jan. 31, 2018EUR (€)	Dec. 31, 2015USD ($)	Dec. 31, 2015EUR (€)
Derivative Instruments, Gain (Loss) [Line Items]
Number of countries where products sold, countries (over 150) | country	150
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Interest Rate Swap [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Debt instrument, interest rate, percent	0.33%
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Foreign Exchange Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, notional amount	$ 191,400,000	$ 96,800,000
Designated as Hedging Instrument [Member] | Net Investment Hedging [Member] | Foreign Exchange Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, notional amount	363,300,000	374,200,000				€ 312
Designated as Hedging Instrument [Member] | Net Investment Hedging [Member] | Cross Currency Interest Rate Contract, Payment [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, notional amount	286,100,000			€ 245.7
Designated as Hedging Instrument [Member] | Net Investment Hedging [Member] | Cross Currency Interest Rate Contract, Receipt [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, notional amount			$ 300,000,000
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member] | Interest Rate Swap [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, notional amount					$ 300,000,000
Deferred gain on hedge termination		7,300,000
Not Designated as Hedging Instrument [Member] | Foreign Exchange Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, notional amount	$ 1,588,700,000	$ 1,701,400,000

Derivative Instruments and He58

Derivative Instruments and Hedging Activities (After-Tax Impact of Changes in Fair Value and Derivatives Designated as Cash) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Derivative [Line Items]
Cost of Goods and Services Sold	$ 1,981.3	$ 1,689.8	$ 3,560.8	$ 2,987.1
Interest expense, net	21.2	11.3	31.5	22
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Gain (Loss) Recognized in Accumulated Other Comprehensive Loss	0	1.6	(2.1)	3.6
Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income	(1.5)	(1.2)	(2.7)	(2.5)
Cost of Goods, Total [Member] | Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Foreign Exchange Contract [Member]
Derivative [Line Items]
Gain (Loss) Recognized in Accumulated Other Comprehensive Loss	0.2	1.8	(1.2)	3.2
Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income	(0.8)	(0.7)	(1.4)	(1.4)
Interest Expense [Member] | Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Gain (Loss) Recognized in Accumulated Other Comprehensive Loss	(0.2)	(0.2)	(0.9)	0.4
Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income	$ (0.7)	$ (0.5)	$ (1.3)	$ (1.1)

Derivative Instruments and He59

Derivative Instruments and Hedging Activities (Summary Of Accumulated Other Comprehensive Loss Related To Derivatives) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
After-Tax Amount
Balance beginning of period			$ 3,095.3
Net losses reclassified from accumulated other comprehensive loss into income	$ 4.5	$ 4.1	8.8	$ 8.3
Balance end of period	2,998.1		2,998.1
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Before-Tax Amount
Accumulated derivative net losses as the beginning of the period			(6)
Net changes in fair value of derivatives			(2.4)
Net losses reclassified from accumulated other comprehensive loss into income			2.8
Accumulated derivative net losses as of the end of the period	(5.6)		(5.6)
Income Tax
Accumulated derivative net losses as of the beginning of the period			(1.3)
Net changes in fair value of derivatives			(0.3)
Net losses reclassified from accumulated other comprehensive loss into income			0.1
Accumulated derivative net losses as of the end of the period	(1.5)		(1.5)
After-Tax Amount
Balance beginning of period			(4.7)
Net changes in fair value of derivatives			(2.1)
Net losses reclassified from accumulated other comprehensive loss into income			2.7
Balance end of period	$ (4.1)		$ (4.1)

Derivative Instruments and He60

Derivative Instruments and Hedging Activities (Notional Values and After-Tax Impact of Changes in Fair Value) (Details) - Designated as Hedging Instrument [Member] - Net Investment Hedging [Member] € in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2015EUR (€)
Derivative [Line Items]
Gain (loss) on derivative used in net investment hedge, net of tax			$ 10.9	$ (27.1)
Foreign Exchange Contract [Member]
Derivative [Line Items]
Derivative, notional amount	$ 363.3		363.3		$ 374.2	€ 312
Gain (loss) on derivative used in net investment hedge, net of tax	21.2	$ (22.9)
Cross Currency Interest Rate Contract [Member]
Derivative [Line Items]
Derivative, notional amount	300		300		$ 0
Gain (loss) on derivative used in net investment hedge, net of tax	$ 16.2	$ 0	$ 11.6	$ 0

Derivative Instruments and He61

Derivative Instruments and Hedging Activities (Fair Value Of Derivative Instruments) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Derivative [Line Items]
Derivative asset, fair value	$ 21.5		$ 21.5		$ 7.8
Derivative liability, fair value	15		15		17
Foreign Exchange Contract [Member] | Designated as Hedging Instrument [Member] | Other Current Assets [Member]
Derivative [Line Items]
Derivative asset, fair value	1.3		1.3		0
Foreign Exchange Contract [Member] | Designated as Hedging Instrument [Member] | Other Current Liabilities [Member]
Derivative [Line Items]
Derivative liability, fair value	2.5		2.5		1.2
Foreign Exchange Contract [Member] | Not Designated as Hedging Instrument [Member] | Other Current Assets [Member]
Derivative [Line Items]
Derivative asset, fair value	8.6		8.6		7.8
Foreign Exchange Contract [Member] | Not Designated as Hedging Instrument [Member] | Other Current Liabilities [Member]
Derivative [Line Items]
Derivative liability, fair value	8.1		8.1		11
Interest Rate Contract [Member] | Designated as Hedging Instrument [Member] | Other Noncurrent Assets [Member]
Derivative [Line Items]
Derivative asset, fair value	0		0		0
Interest Rate Contract [Member] | Designated as Hedging Instrument [Member] | Other Noncurrent Liabilities [Member]
Derivative [Line Items]
Derivative liability, fair value	4.4		4.4		$ 4.8
Cross Currency Interest Rate Contract [Member] | Designated as Hedging Instrument [Member] | Other Noncurrent Assets [Member]
Derivative [Line Items]
Derivative asset, fair value	11.6		11.6
Cross Currency Interest Rate Contract [Member] | Designated as Hedging Instrument [Member] | Other Noncurrent Liabilities [Member]
Derivative [Line Items]
Derivative liability, fair value	0		0
Other Nonoperating Income (Expense) [Member] | Foreign Exchange Contract [Member] | Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative instruments not designated as hedging instruments, gain (loss), net	$ (3.8)	$ 18.1	$ 2.4	$ 21.9

Changes in Stockholders' Equi62

Changes in Stockholders' Equity (Schedule of Stockholders' Equity) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance beginning of period			$ 3,095.3
Stock compensation			22.5
Issuance of stock awards			(3)
SSARs exercised			(0.4)
Comprehensive income:
Net income (loss)			115.4
Other comprehensive (loss) income, net of reclassification adjustments:
Foreign currency translation adjustments			(180.7)
Defined benefit pension plans, net of tax	$ 3	$ 2.9	6.1	$ 5.8
Unrealized loss on derivatives, net of tax	1.5	$ 2.8	0.6	$ 6.1
Payment of dividends to stockholders			(23.8)
Purchases and retirement of common stock			(34.3)
Adjustment related to the adoption of ASU 2016-09	(0.4)		(0.4)
Balance end of period	2,998.1		2,998.1
Common Stock [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance beginning of period			0.8
Other comprehensive (loss) income, net of reclassification adjustments:
Balance end of period	0.8		0.8
Additional Paid-in Capital [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance beginning of period			136.6
Stock compensation			22.5
Issuance of stock awards			(3)
SSARs exercised			(0.4)
Other comprehensive (loss) income, net of reclassification adjustments:
Purchases and retirement of common stock			(34.3)
Balance end of period	121.4		121.4
Retained Earnings [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance beginning of period			4,253.8
Comprehensive income:
Net income (loss)			115.7
Other comprehensive (loss) income, net of reclassification adjustments:
Payment of dividends to stockholders			(23.8)
Adjustment related to the adoption of ASU 2016-09	(0.4)		(0.4)
Balance end of period	4,346.1		4,346.1
Accumulated Other Comprehensive Loss [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance beginning of period			(1,361.6)
Other comprehensive (loss) income, net of reclassification adjustments:
Foreign currency translation adjustments			(178.6)
Defined benefit pension plans, net of tax			6.1
Unrealized loss on derivatives, net of tax			0.6
Balance end of period	(1,533.5)		(1,533.5)
Noncontrolling Interests [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance beginning of period			65.7
Comprehensive income:
Net income (loss)			(0.3)
Other comprehensive (loss) income, net of reclassification adjustments:
Foreign currency translation adjustments			(2.1)
Balance end of period	$ 63.3		$ 63.3

Changes in Stockholders' Equi63

Changes in Stockholders' Equity (Schedule of Comprehensive Income for Noncontrolling Interest) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest [Abstract]
Net (loss) income	$ (1)	$ 0.1	$ (0.3)	$ 2
Other comprehensive (loss) income:
Foreign currency translation adjustments	(2.2)	(1)	(2.1)	0.6
Total comprehensive (loss) income	$ (3.2)	$ (0.9)	$ (2.4)	$ 2.6

Changes in Stockholders' Equi64

Changes in Stockholders' Equity (Changes in Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance beginning of period			$ 3,095.3
Net losses reclassified from accumulated other comprehensive loss	$ 4.5	$ 4.1	8.8	$ 8.3
Other comprehensive (loss) income, net of reclassification adjustments	(185.9)	5	(174)	53.9
Balance end of period	2,998.1		2,998.1
Defined Benefit Pension Plans [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance beginning of period			(285.1)
Other comprehensive loss before reclassifications			0
Net losses reclassified from accumulated other comprehensive loss	3	$ 2.9	6.1	$ 5.8
Other comprehensive (loss) income, net of reclassification adjustments			6.1
Balance end of period	(279)		(279)
Deferred Net (Losses) Gains on Derivatives [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance beginning of period			(4.7)
Other comprehensive loss before reclassifications			(2.1)
Net losses reclassified from accumulated other comprehensive loss			2.7
Other comprehensive (loss) income, net of reclassification adjustments			0.6
Balance end of period	(4.1)		(4.1)
Cumulative Translation Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance beginning of period			(1,071.8)
Other comprehensive loss before reclassifications			(178.6)
Net losses reclassified from accumulated other comprehensive loss			0
Other comprehensive (loss) income, net of reclassification adjustments			(178.6)
Balance end of period	(1,250.4)		(1,250.4)
AOCI Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance beginning of period			(1,361.6)
Other comprehensive loss before reclassifications			(180.7)
Net losses reclassified from accumulated other comprehensive loss			8.8
Other comprehensive (loss) income, net of reclassification adjustments			(171.9)
Balance end of period	$ (1,533.5)		$ (1,533.5)

Changes in Stockholders' Equi65

Changes in Stockholders' Equity (Reclassifications out of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Cost of Goods and Services Sold	$ 1,981.3	$ 1,689.8	$ 3,560.8	$ 2,987.1
Interest expense, net	21.2	11.3	31.5	22
Income before income taxes and equity in net earnings of affiliates	(119.7)	(119.4)	(148.4)	(111.3)
Income tax provision	38.5	36.9	49.9	48
Net income attributable to AGCO Corporation and subsidiaries	(91.4)	(91.5)	(115.7)	(81.4)
Net losses reclassified from accumulated other comprehensive loss into income	4.5	4.1	8.8	8.3
Deferred Net (Losses) Gains on Derivatives [Member]
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Net losses reclassified from accumulated other comprehensive loss into income			2.8
Reclassification from AOCI, Current Period, Tax			(0.1)
Net losses reclassified from accumulated other comprehensive loss into income			2.7
Accumulated Defined Benefit Plans Adjustment, Net Gain (Loss) Attributable to Parent [Member]
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Net losses reclassified from accumulated other comprehensive loss into income	3.2	3.1	6.3	6.1
Accumulated Defined Benefit Plans Adjustment, Net Prior Service Attributable to Parent [Member]
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Net losses reclassified from accumulated other comprehensive loss into income	0.3	0.3	0.7	0.7
Defined Benefit Pension Plans [Member]
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Net losses reclassified from accumulated other comprehensive loss into income	3.5	3.4	7	6.8
Reclassification from AOCI, Current Period, Tax	(0.5)	(0.5)	(0.9)	(1)
Net losses reclassified from accumulated other comprehensive loss into income	3	2.9	6.1	5.8
Reclassification out of Accumulated Other Comprehensive Income [Member] | Deferred Net (Losses) Gains on Derivatives [Member]
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Income before income taxes and equity in net earnings of affiliates	1.6	1.3	2.8	2.6
Income tax provision	(0.1)	(0.1)	(0.1)	(0.1)
Net income attributable to AGCO Corporation and subsidiaries	1.5	1.2	2.7	2.5
Foreign Exchange Contract [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | Deferred Net (Losses) Gains on Derivatives [Member]
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Cost of Goods and Services Sold	0.9	0.8	1.5	1.5
Interest Rate Contract [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | Deferred Net (Losses) Gains on Derivatives [Member]
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Interest expense, net	$ 0.7	$ 0.5	$ 1.3	$ 1.1

Changes in Stockholders' Equi66

Changes in Stockholders' Equity (Narrative) (Details)	3 Months Ended	6 Months Ended
	Jun. 30, 2018USD ($)$ / sharesshares	Jun. 30, 2018USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Purchases and retirement of common stock		$ 34,300,000
Stock repurchase program, outstanding balance authorized to be repurchased	$ 297,100,000	297,100,000
Stock repurchase program, value of remaining number of shares authorized to be repurchased	$ 31,400,000	31,400,000
Open Market Transaction [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Repurchased and Retired During Period, Shares | shares	534,403
Purchases and retirement of common stock	$ 34,300,000
Stock Repurchased and Retired During Period, Average Cost Per Share | $ / shares	$ 64.14
December 2016 ASR Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock repurchase program, authorized amount	$ 265,700,000	$ 265,700,000

Employee Benefit Plans (Narrati

Employee Benefit Plans (Narrative) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2018USD ($)
Defined Benefit Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Employer contributions	$ 17.2
Estimated minimum contributions	32.9
Postretirement Health Coverage [Member]
Defined Benefit Plan Disclosure [Line Items]
Employer contributions	0.7
Estimated minimum contributions	$ 1.6

Employee Benefit Plans (Net Pen

Employee Benefit Plans (Net Pension And Postretirement Cost) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 4.8	$ 4.4	$ 9.7	$ 8.6
Interest cost	5.1	5.2	10.2	10.2
Expected return on plan assets	(9.3)	(9.1)	(18.7)	(17.8)
Amortization of net actuarial losses	3.1	3.1	6.2	6.1
Amortization of prior service cost	0.3	0.3	0.6	0.6
Net periodic pension or postretirement benefit cost	4	3.9	8	7.7
Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	0.1	0.1	0.1	0.1
Interest cost	0.3	0.4	0.7	0.8
Amortization of net actuarial losses	0.1	0	0.1	0
Amortization of prior service cost			0.1	0.1
Net periodic pension or postretirement benefit cost	$ 0.5	$ 0.5	$ 1	$ 1

Employee Benefit Plans (Net Per

Employee Benefit Plans (Net Periodic Pension Costs Included in Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
After-Tax Amount
Net losses reclassified from accumulated other comprehensive loss into income	$ (4.5)	$ (4.1)	$ (8.8)	$ (8.3)
Accumulated Defined Benefit Plans Adjustment Including Portion Attributable to Noncontrolling Interest [Member]
Before-Tax Amount
Accumulated other comprehensive loss, beginning of period			(380.6)
Accumulated other comprehensive, end of period	(373.6)		(373.6)
Income Tax
Accumulated other comprehensive loss, beginning of period			(95.5)
Accumulated other comprehensive loss, end of period	(94.6)		(94.6)
After-Tax Amount
Accumulated other comprehensive loss, beginning of period			(285.1)
Accumulated other comprehensive loss, end of period	$ (279)		(279)
Accumulated Defined Benefit Plans Adjustment, Net Gain (Loss) Including Portion Attributable to Noncontrolling Interest [Member]
Before-Tax Amount
Amortization of prior service cost and net actual loss			6.3
Income Tax
Amortization of prior service cost and net actual loss			0.9
After-Tax Amount
Net losses reclassified from accumulated other comprehensive loss into income			5.4
Accumulated Defined Benefit Plans Adjustment, Net Prior Service Including Portion Attributable to Noncontrolling Interest [Member]
Before-Tax Amount
Amortization of prior service cost and net actual loss			0.7
Income Tax
Amortization of prior service cost and net actual loss			0
After-Tax Amount
Net losses reclassified from accumulated other comprehensive loss into income			$ 0.7

Fair Value of Financial Instr70

Fair Value of Financial Instruments (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset, fair value	$ 21.5	$ 7.8
Derivative liability, fair value	15	17
Long-term debt, fair value	120.7	324.7
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset, fair value	21.5	7.8
Derivative liability, fair value	$ 15	$ 17
Senior Unsecured Term Loan Due January 15, 2020, 1.056% [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, interest rate, percent	1.056%	1.056%
5 7/8% Senior Notes due 2021 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, interest rate, percent	5.875%	5.875%
Debt Instrument, Fair Value Disclosure	$ 115.9
Debt instrument, face amount		$ 305.3

Segment Reporting (Sales Inform

Segment Reporting (Sales Information By Reportable Segments) (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2018USD ($)reportable_segment	Jun. 30, 2017USD ($)	Dec. 31, 2017USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments, segments | reportable_segment			4
Revenue from Contract with Customer, Including Assessed Tax	$ 2,537.6	$ 2,165.2	$ 4,545.1	$ 3,792.8
Income (loss) from operations	168.1	148.3	218.6	164
Depreciation			115.1	108.9
Capital expenditures			89.8	92.3
Assets	8,024.1		8,024.1		$ 7,971.7
Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	2,537.6	2,165.2	4,545.1	3,792.8
Income (loss) from operations	234	202.4	347.9	273.4
Depreciation	55.9	54.6	115.1	108.9
Capital expenditures	43.7	35.2	89.8	92.3
Assets	4,587.5		4,587.5		4,390
North America | Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	600.5	478.8	1,103.4	861.4
Income (loss) from operations	37.6	23.6	64.4	26.6
Depreciation	16.8	15.7	34	29.9
Capital expenditures	10.1	9.1	22.2	31.1
Assets	1,145.2		1,145.2		1,064.1
South America | Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	219.6	251.9	401.7	474.1
Income (loss) from operations	(16.7)	2.8	(33.3)	5.2
Depreciation	7.3	7.9	15.3	14.7
Capital expenditures	7.3	8.4	14.2	20.1
Assets	706		706		752.1
EMEA [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	1,545.2	1,269.5	2,708.9	2,162
Income (loss) from operations	208.5	170.3	307.5	233.8
Depreciation	28.4	28	58.4	56.7
Capital expenditures	24.3	15.5	49.4	36.5
Assets	2,218.6		2,218.6		2,074.4
Asia Pacific [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	172.3	165	331.1	295.3
Income (loss) from operations	4.6	5.7	9.3	7.8
Depreciation	3.4	3	7.4	7.6
Capital expenditures	2	$ 2.2	4	$ 4.6
Assets	$ 517.7		$ 517.7		$ 499.4

Segment Reporting (Income From

Segment Reporting (Income From Operations And Total Assets) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017	Dec. 31, 2016
Income from Operations
Income from operations	$ 168.1	$ 148.3	$ 218.6	$ 164
Amortization of intangibles	(18.2)	(13.8)	(33.9)	(27.2)
Income (loss) from operations	168.1	148.3	218.6	164
Total Assets
Total assets	8,024.1		8,024.1		$ 7,971.7
Cash and cash equivalents	280.6	317.8	280.6	317.8	367.7	$ 429.7
Investments in affiliates	411.2		411.2		409
Intangible assets, net	608.1		608.1		649
Goodwill	1,503.7		1,503.7		1,541.4
Consolidated total assets	8,024.1		8,024.1		7,971.7
Operating Segments [Member]
Income from Operations
Income from operations	234	202.4	347.9	273.4
Income (loss) from operations	234	202.4	347.9	273.4
Total Assets
Total assets	4,587.5		4,587.5		4,390
Consolidated total assets	4,587.5		4,587.5		4,390
Segment Reconciling Items [Member]
Income from Operations
Corporate expenses	(32.5)	(30.1)	(65.9)	(55.5)
Stock compensation expense	(12.5)	(9.8)	(20.9)	(21.2)
Restructuring expenses	(2.7)	(0.4)	(8.6)	(5.5)
Amortization of intangibles	(18.2)	$ (13.8)	(33.9)	$ (27.2)
Total Assets
Cash and cash equivalents	280.6		280.6		367.7
Investments in affiliates	411.2		411.2		409
Deferred tax assets, other current and noncurrent assets	633		633		614.6
Intangible assets, net	608.1		608.1		649
Goodwill	$ 1,503.7		$ 1,503.7		$ 1,541.4

Commitments and Contingencies (

Commitments and Contingencies (Details) - 6 months ended Jun. 30, 2018 R$ in Millions	USD ($)	BRL (R$)
Guarantees [Abstract]
Guaranteed indebtedness owed to third parties	$ 48,500,000
Loss Contingency [Abstract]
Tax disallowance not including interest and penalties	34,000,000	R$ 131.5
Retail Finance Joint Venture [Member]
Guarantees [Abstract]
Maximum repossessed inventory purchase obligation with retail joint ventures	$ 6,000,000

Accounts Receivable Sales Agr74

Accounts Receivable Sales Agreements (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Net cash received from receivables sold			$ 1,400		$ 1,300
Outstanding accounts receivable associated with retail finance joint ventures in Brazil and Australia	$ 48.2		48.2		$ 41.6
Other Expenses, Net [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loss on sales of receivables	$ 9.7	$ 8.9	$ 17.5	$ 17.2

Revenue (Disaggregation of Reve

Revenue (Disaggregation of Revenue) (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2018
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 2,537.6	$ 4,545.1
United States
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	468.4	867.5
Canada
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	101.3	174.9
Germany
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	389.7	677.6
France
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	250.2	446.8
United Kingdom and Ireland
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	172.8	313.1
Finland and Scandinavia
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	231.7	408.8
Other Europe
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	495.1	853.2
South America
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	213.7	394.2
Middle East and Algeria
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	5.7	9.4
Africa
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	22	44.2
Asia
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	87	161.6
Australia and New Zealand
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	63.3	125.3
Mexico, Central America and Caribbean
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	36.7	68.5
Tractors
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,447.3	2,560.6
Replacement parts
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	388.2	700.9
Other machinery
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	249.6	492.5
Grain storage and protein production systems
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	302	508.2
Combines
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	80.8	143.5
Application equipment
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	69.7	139.4
North America
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	600.5	1,103.4
North America | United States
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	468.4	867.5
North America | Canada
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	101.3	174.9
North America | Germany
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
North America | France
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
North America | United Kingdom and Ireland
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
North America | Finland and Scandinavia
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
North America | Other Europe
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
North America | South America
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
North America | Middle East and Algeria
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
North America | Africa
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
North America | Asia
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
North America | Australia and New Zealand
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
North America | Mexico, Central America and Caribbean
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	30.8	61
North America | Tractors
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	173.7	328.3
North America | Replacement parts
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	97.7	158.5
North America | Other machinery
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	79.5	198.9
North America | Grain storage and protein production systems
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	171.5	281.9
North America | Combines
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	24.6	27.7
North America | Application equipment
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	53.5	108.1
South America
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	219.6	401.7
South America | United States
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
South America | Canada
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
South America | Germany
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
South America | France
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
South America | United Kingdom and Ireland
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
South America | Finland and Scandinavia
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
South America | Other Europe
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
South America | South America
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	213.7	394.2
South America | Middle East and Algeria
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
South America | Africa
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
South America | Asia
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
South America | Australia and New Zealand
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
South America | Mexico, Central America and Caribbean
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	5.9	7.5
South America | Tractors
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	148.2	255
South America | Replacement parts
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	21.9	43.6
South America | Other machinery
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	15.6	22.6
South America | Grain storage and protein production systems
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	12.2	29.4
South America | Combines
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	14.4	40.1
South America | Application equipment
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	7.3	11
Europe/Middle East(1)
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,545.2	2,708.9
Europe/Middle East(1) | United States
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Europe/Middle East(1) | Canada
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Europe/Middle East(1) | Germany
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	389.7	677.6
Europe/Middle East(1) | France
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	250.2	446.8
Europe/Middle East(1) | United Kingdom and Ireland
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	172.8	313.1
Europe/Middle East(1) | Finland and Scandinavia
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	231.7	408.8
Europe/Middle East(1) | Other Europe
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	495.1	853.2
Europe/Middle East(1) | South America
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Europe/Middle East(1) | Middle East and Algeria
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	5.7	9.4
Europe/Middle East(1) | Africa
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Europe/Middle East(1) | Asia
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Europe/Middle East(1) | Australia and New Zealand
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Europe/Middle East(1) | Mexico, Central America and Caribbean
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Europe/Middle East(1) | Tractors
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,049.5	1,827.9
Europe/Middle East(1) | Replacement parts
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	252.7	463.2
Europe/Middle East(1) | Other machinery
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	138	242.5
Europe/Middle East(1) | Grain storage and protein production systems
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	58.4	92.8
Europe/Middle East(1) | Combines
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	39.6	73.1
Europe/Middle East(1) | Application equipment
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	6.9	9.3
Asia/Pacific/Africa(1)
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	172.3	331.1
Asia/Pacific/Africa(1) | United States
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Asia/Pacific/Africa(1) | Canada
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Asia/Pacific/Africa(1) | Germany
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Asia/Pacific/Africa(1) | France
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Asia/Pacific/Africa(1) | United Kingdom and Ireland
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Asia/Pacific/Africa(1) | Finland and Scandinavia
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Asia/Pacific/Africa(1) | Other Europe
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Asia/Pacific/Africa(1) | South America
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Asia/Pacific/Africa(1) | Middle East and Algeria
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Asia/Pacific/Africa(1) | Africa
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	22	44.2
Asia/Pacific/Africa(1) | Asia
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	87	161.6
Asia/Pacific/Africa(1) | Australia and New Zealand
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	63.3	125.3
Asia/Pacific/Africa(1) | Mexico, Central America and Caribbean
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Asia/Pacific/Africa(1) | Tractors
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	75.9	149.4
Asia/Pacific/Africa(1) | Replacement parts
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	15.9	35.6
Asia/Pacific/Africa(1) | Other machinery
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	16.5	28.5
Asia/Pacific/Africa(1) | Grain storage and protein production systems
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	59.9	104.1
Asia/Pacific/Africa(1) | Combines
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	2.2	2.6
Asia/Pacific/Africa(1) | Application equipment
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 2	$ 11

Revenue (Significant Changes in

Revenue (Significant Changes in Contract Assets and Liabilities) (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2018
Change in Contract with Customer, Asset [Abstract]
Balance at beginning of period	$ 10.4	$ 10.1
Additions for expected returns of replacement parts sold during the period	5.5	10.4
Transfer of returned replacement parts to inventory	(4.5)	(9.1)
Foreign currency translation	(0.1)	(0.1)
Balance at end of period	11.3	11.3
Change in Contract with Customer, Liability [Abstract]
Balance at beginning of period	119.1	104.4
Advance consideration received	23.4	57.9
Accrual for expected reimbursement of replacement parts sold during the period	12.9	24.5
Revenue recognized during the period for extended warranty contracts	(6.3)	(12.7)
Advance consideration received applied to accounts receivable, net related to the installation of grain storage and protein production systems	(33.1)	(48.6)
Replacement part settlements made during the period	(10.8)	(22.1)
Foreign currency translation	(3.3)	(1.5)
Balance at end of period	$ 101.9	$ 101.9

Revenue (Remaining Performance

Revenue (Remaining Performance Obligation Narrative) (Details) $ in Millions	Jun. 30, 2018USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2018-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 24.8
Remaining performance obligation, expected timing of satisfaction, period	6 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2019-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 16.9
Remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2020-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 9.6
Remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2021-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 4.8
Remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: (nil)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 1.6
Remaining performance obligation, expected timing of satisfaction, period