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Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Sep. 30, 2012	Oct. 31, 2012
Document And Entity Information [Abstract]
Entity Registrant Name	AGCO CORP /DE
Entity Central Index Key	0000880266
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Sep. 30, 2012
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		96,998,929

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2012	Dec. 31, 2011
Current Assets:
Cash and cash equivalents	$ 321.9	$ 724.4
Accounts and notes receivable, net	1,088.6	994.2
Inventories, net	2,013.9	1,559.6
Deferred tax assets	150.3	142.7
Other current assets	266.8	241.9
Total current assets	3,841.5	3,662.8
Property, plant and equipment, net	1,306.5	1,222.6
Investment in affiliates	380.7	346.3
Deferred tax assets	35.7	37.6
Other assets	134.8	126.9
Intangible assets, net	630.0	666.5
Goodwill	1,191.9	1,194.5
Total assets	7,521.1	7,257.2
Current Liabilities:
Current portion of long-term debt	52.8	60.1
Accounts payable	821.0	937.0
Accrued expenses	1,143.6	1,080.6
Other current liabilities	121.7	127.8
Total current liabilities	2,139.1	2,205.5
Long-term debt, less current portion	1,353.9	1,409.7
Pensions and postretirement health care benefits	289.1	298.6
Deferred tax liabilities	196.4	192.3
Other noncurrent liabilities	152.6	119.9
Total liabilities	4,131.1	4,226.0
Commitments and contingencies (Note 15)
Temporary equity	8.9	0.0
AGCO Corporation stockholders' equity:
Preferred stock; $0.01 par value, 1,000,000 shares authorized, no shares issued or outstanding in 2012 and 2011	0.0	0.0
Common stock; $0.01 par value, 150,000,000 shares authorized, 96,998,929 and 97,194,732 shares issued and outstanding at September 30, 2012 and December 31, 2011, respectively	1.0	1.0
Additional paid-in capital	1,092.4	1,073.2
Retained earnings	2,741.2	2,321.6
Accumulated other comprehensive loss	(487.5)	(400.6)
Total AGCO Corporation stockholders' equity	3,347.1	2,995.2
Noncontrolling interests	34.0	36.0
Total stockholders' equity	3,381.1	3,031.2
Total liabilities, temporary equity and stockholders' equity	$ 7,521.1	$ 7,257.2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2012	Dec. 31, 2011
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	96,998,929	97,194,732
Common stock, shares outstanding	96,998,929	97,194,732

Condensed Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Income Statement [Abstract]
Net sales	$ 2,295.0	$ 2,099.1	$ 7,258.8	$ 6,255.4
Cost of goods sold	1,804.0	1,691.3	5,663.4	5,003.4
Gross profit	491.0	407.8	1,595.4	1,252.0
Selling, general and administrative expenses	262.8	221.2	756.7	622.4
Engineering expenses	76.4	67.5	227.5	191.6
Restructuring and other infrequent income	0.0	0.0	0.0	(0.7)
Amortization of intangibles	12.2	4.8	36.9	14.1
Income from operations	139.6	114.3	574.3	424.6
Interest expense, net	15.8	3.1	43.5	21.1
Other expense, net	13.8	7.1	24.3	17.3
Income before income taxes and equity in net earnings of affiliates	110.0	104.1	506.5	386.2
Income tax provision	30.5	31.6	131.0	123.4
Income before equity in net earnings of affiliates	79.5	72.5	375.5	262.8
Equity in net earnings of affiliates	12.6	12.0	39.9	37.2
Net income	92.1	84.5	415.4	300.0
Net loss (income) attributable to noncontrolling interests	2.4	(0.1)	4.2	(1.9)
Net income attributable to AGCO Corporation and subsidiaries	$ 94.5	$ 84.4	$ 419.6	$ 298.1
Net income per common share attributable to AGCO Corporation and subsidiaries:
Basic, in dollars per share	$ 0.97	$ 0.88	$ 4.32	$ 3.13
Diluted, in dollars per share	$ 0.96	$ 0.87	$ 4.25	$ 3.04
Weighted average number of common and common equivalent shares outstanding:
Basic, shares	97.0	96.4	97.1	95.1
Diluted, shares	98.4	96.9	98.6	97.9

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Statement of Income and Comprehensive Income [Abstract]
Net income	$ 92.1	$ 84.5	$ 415.4	$ 300.0
Other comprehensive income (loss), net of reclassification adjustments:
Foreign currency translation adjustments	28.7	(320.7)	(96.9)	(152.6)
Defined benefit pension plans, net of tax	2.1	1.5	7.1	4.6
Unrealized gain (loss) on derivatives, net of tax	2.5	(9.0)	1.4	(3.7)
Other comprehensive income (loss), net of reclassification adjustments	33.3	(328.2)	(88.4)	(151.7)
Comprehensive income (loss)	125.4	(243.7)	327.0	148.3
Comprehensive loss (income) attributable to noncontrolling interests	2.5	0.0	5.7	(1.9)
Comprehensive income (loss) attributable to AGCO Corporation and subsidiaries	$ 127.9	$ (243.7)	$ 332.7	$ 146.4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Cash flows from operating activities:
Net income	$ 415.4	$ 300.0
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Depreciation	125.4	110.2
Deferred debt issuance cost amortization	2.6	2.3
Amortization of intangibles	36.9	14.1
Amortization of debt discount	6.5	6.1
Stock compensation	28.8	17.9
Equity in net earnings of affiliates, net of cash received	(27.4)	(21.7)
Deferred income tax benefit	(1.4)	(3.3)
Other	0.0	(1.4)
Changes in operating assets and liabilities, net of effects from purchase of businesses:
Accounts and notes receivable, net	(132.2)	49.9
Inventories, net	(481.5)	(333.6)
Other current and noncurrent assets	(38.1)	(15.5)
Accounts payable	(88.8)	56.9
Accrued expenses	95.6	88.8
Other current and noncurrent liabilities	25.0	(0.2)
Total adjustments	(448.6)	(29.5)
Net cash (used in) provided by operating activities	(33.2)	270.5
Cash flows from investing activities:
Purchases of property, plant and equipment	(235.2)	(187.2)
Proceeds from sale of property, plant and equipment	0.6	0.9
Purchase of businesses, net of cash acquired	(2.4)	(88.3)
Investments in consolidated affiliates, net of cash acquired	(20.1)	(25.0)
Investments in unconsolidated affiliates, net	(11.3)	(8.3)
Restricted cash and other	(1.0)	0.0
Net cash used in investing activities	(269.4)	(307.9)
Cash flows from financing activities:
Repurchase or conversion of convertible senior subordinated notes	0.0	(161.0)
Repayment debt obligations, net	(89.5)	(47.3)
Payment of debt issuance costs	(0.1)	0.0
Purchases and retirement of common stock	(9.5)	0.0
Payment of minimum tax withholdings on stock compensation	(0.2)	(2.5)
(Distribution to) investment by noncontrolling interests	(0.6)	(1.0)
Proceeds from issuance of common stock	0.0	0.2
Net cash provided by (used in) financing activities	(99.9)	(211.6)
Effects of exchange rate changes on cash and cash equivalents	0.0	(15.7)
Decrease in cash and cash equivalents	(402.5)	(264.7)
Cash and cash equivalents, beginning of period	724.4	719.9
Cash and cash equivalents, end of period	$ 321.9	$ 455.2

Basis of Presentation	9 Months Ended
Basis of Presentation	Sep. 30, 2012
Basis of Presentation [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, 2011. Results for interim periods are not necessarily indicative of the results for the year. Certain prior period amounts have been reclassified to conform to the current period presentation. Recent Accounting Pronouncements In July 2012, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2012-02, “Intangibles-Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment” (“ASU 2012-02”). ASU 2012-02 permits an entity to make a qualitative assessment of whether it is more likely than not that an indefinite-lived intangible asset is impaired. If an entity concludes it is more likely than not that the fair value of such an asset exceeds its carrying amount, it need not calculate the fair value of the asset in that year. This standard is effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. Early adoption is permitted. The Company does not expect the adoption of this ASU to have a material impact on the Company’s results of operations or financial condition. In June 2011, the FASB issued ASU 2011-05, “Comprehensive Income (Topic 220): Presentation of Comprehensive Income” (“ASU 2011-05”). ASU 2011-05 increases the prominence of other comprehensive income in financial statements. ASU 2011-05 does not change the items that must be reported in other comprehensive income or when an item of other comprehensive income must be reclassified to net income. The standard initially required that reclassification adjustments from other comprehensive income be measured and presented by income statement line item on the face of the statement of operations. In December 2011, however, the FASB issued ASU 2011-12, “Comprehensive Income (Topic 220): Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in ASU 2011-05.” This standard defers the requirement to present components of reclassifications of other comprehensive income on the face of the statement of operations. The Company adopted these standards by consecutively presenting the Condensed Consolidated Statements of Operations and the Condensed Consolidated Statements of Comprehensive Income (Loss) for the three and nine months ended September 30, 2012 and 2011. In May 2011, the FASB issued ASU 2011-04, “Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs” (“ASU 2011-04”). ASU 2011-04 clarifies existing fair value measurement concepts and continues the convergence towards a uniform framework for applying fair value measurement principles. This standard requires additional disclosures for fair value measurements, primarily Level 3 measurements. ASU 2011-04 is effective for fiscal years and interim periods beginning after December 15, 2011 and is to be applied prospectively. The adoption of this standard did not have a material impact on the Company’s Condensed Consolidated Financial Statements or footnote disclosures.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

+ References

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-Name Accounting Research Bulletin (ARB)
-Number 51
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+ Details

Acquisitions

9 Months Ended

Sep. 30, 2012

Business Combinations [Abstract]

Acquisitions

ACQUISITIONS

During 2012, the Company acquired 61% of Santal Equipamentos S.A. Comércio e Indústria (“Santal”) for approximately R$36.7 million, net of approximately R$11.9 million cash acquired (or approximately $20.1 million, net). Santal, headquartered in Ribeirão Preto, Brazil, manufactures and distributes sugar cane planting, harvesting, handling and transportation equipment as well as replacement parts across Brazil. The acquisition of Santal will provide the Company’s customers in Brazil with a wider range of agricultural products and services. The acquisition was funded with available cash on hand. The Company recorded approximately $28.0 million of goodwill and approximately $2.6 million of tradename, trademark and patent identifiable intangible assets associated with the acquisition. The goodwill is reported within the Company’s South American geographical reportable segment. The Company and the seller each have a call option and put option, respectively, with varying dates with respect to the remaining 39% interest in Santal. Therefore, the fair value of the redeemable noncontrolling interest in Santal was recorded within “Temporary equity” in the Company’s Condensed Consolidated Balance Sheet as of the acquisition date.

On November 30, 2011, the Company acquired GSI Holdings Corp. (“GSI”) for $932.2 million, net of approximately $27.9 million cash acquired. GSI, headquartered in Assumption, Illinois, is a leading manufacturer of grain storage and protein production systems. The acquisition was financed by the issuance of $300.0 million of 5⁷/8% senior notes and the Company’s credit facility (Note 5).

On November 30, 2011, the Company acquired 98% of Shandong Dafeng Machinery Co., Ltd. (“Dafeng”) for approximately 171.7 million yuan (or approximately $26.9 million). The Company acquired approximately $17.1 million of cash and assumed approximately $41.1 million of current indebtedness associated with the transaction. Dafeng is located in Yanzhou, China and manufactures a complete range of corn, grain, rice and soybean harvesting machines for Chinese domestic markets. The acquisition was funded with available cash on hand.

On March 3, 2011, the Company acquired the remaining 50% interest of Laverda SpA (“Laverda”) for approximately €63.8 million, net of approximately €1.2 million cash acquired (or approximately $88.3 million, net). Laverda, previously an operating joint venture between AGCO and the Italian ARGO group, is located in Breganze, Italy and manufactures harvesting equipment. In addition to producing Laverda-branded combines, the Breganze factory manufactures mid-range combine harvesters for the Company’s Massey Ferguson, Fendt and Challenger brands for distribution in Europe, Africa and the Middle East. The Company’s 100% ownership of Laverda includes ownership in Fella-Werke GMBH, a German manufacturer of grass and hay machinery. The acquisition was funded with available cash on hand.

The results of operations for the Santal, GSI, Dafeng and Laverda acquisitions have been included in the Company’s Condensed Consolidated Financial Statements as of and from the dates of the respective acquisitions. The Company allocated the purchase price of each acquisition to the assets acquired and liabilities assumed based on preliminary estimates of their fair values as of the respective acquisition dates. In general, the acquired assets of the Santal, GSI, Dafeng and Laverda acquisitions consisted primarily of accounts receivable, property, plant and equipment, inventories, other identifiable intangible assets and goodwill. The liabilities assumed generally consisted of accounts payable, current indebtedness and noncurrent deferred tax liabilities.

The following unaudited pro forma data summarizes the results of operations for the three and nine months ended September 30, 2011 as if the current year acquisition and prior year acquisitions had occurred as of January 1, 2011 and 2010, respectively. The unaudited pro forma information does not reflect the impact of future events that may occur after the acquisition, including, but not limited to, anticipated cost savings from operating synergies. The unaudited pro forma financial information has been adjusted to give effect to adjustments that are directly related to the business combination, factually supportable, and expected to have a continuing impact. The adjustments include the application of the Company’s accounting policies, depreciation and amortization related to fair value adjustments to property, plant and equipment, intangible assets and inventory, tax-related adjustments, and the impact of the Company’s issuance of $300.0 million of 5⁷/8% senior notes and the credit facility, which were used to finance the acquisition of GSI. This unaudited pro forma information has been prepared for comparative purposes only and does not purport to represent what the results of operations of the Company actually would have been had the transactions occurred on the date indicated or what the results of operations may be in any future period (in millions, except per share data):



	Three Months Ended September 30,		Nine Months Ended September 30,
	2011		2011
Net sales	$	2,305.9	$	6,874.7
Net income attributable to AGCO Corporation and subsidiaries	102.7		348.8
Net income per common share attributable to AGCO Corporation and subsidiaries:
Basic	$	1.07	$	3.67
Diluted	$	1.06	$	3.56

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6972119&loc=d3e1383-128463

+ Details

Stock Compensation Plans

9 Months Ended

Sep. 30, 2012

Share-based Compensation [Abstract]

Stock Compensation Plans

STOCK COMPENSATION PLANS

The Company recorded stock compensation expense as follows for the three and nine months ended September 30, 2012 and 2011 (in millions):



	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
Cost of goods sold	$	0.7	$	0.4	$	1.9	$	1.1
Selling, general and administrative expenses	8.9		6.0		27.1		17.0
Total stock compensation expense	$	9.6	$	6.4	$	29.0	$	18.1

Stock Incentive Plan

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

Employee Plans

The weighted average grant-date fair value of performance awards granted under the 2006 Plan during the nine months ended September 30, 2012 and 2011 was $52.14 and $53.04, respectively.

During the nine months ended September 30, 2012, the Company granted 1,058,896 awards primarily related to the three-year performance period commencing in 2012 and ending in 2014, assuming the maximum target level of performance is achieved. During the nine months ended September 30, 2012, the Company also granted 144,048 awards related to a three- to five-year performance period that commenced in 2011 and ending in 2015, assuming the maximum target level of performance is achieved for operating margin improvement. The compensation expense associated with all awards granted under the 2006 Plan is amortized ratably over the vesting or performance period based on the Company’s projected assessment of the level of performance that will be achieved and earned. Performance award transactions during the nine months ended September 30, 2012 were as follows and are presented as if the Company were to achieve its maximum levels of performance under the plan:



Shares awarded but not earned at January 1	2,207,981
Shares awarded	1,202,944
Shares forfeited or unearned	(126,339	)
Shares earned	—
Shares awarded but not earned at September 30	3,284,586

As of September 30, 2012, 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 $51.1 million, and the weighted average period over which it is expected to be recognized is approximately two years.

During the three and nine months ended September 30, 2012, the Company recorded stock compensation expense of approximately $1.0 million and $2.8 million, respectively, associated with stock-settled appreciation rights (“SSAR”) awards. During the three and nine months ended September 30, 2011, the Company recorded stock compensation expense of approximately $0.6 million and $1.9 million, respectively, associated with SSAR awards. The Company estimated the fair value of the grants using the Black-Scholes option pricing model. The Company utilized the “simplified” method for estimating the expected term of granted SSARs during the nine months ended September 30, 2012 as afforded by SEC Staff Accounting Bulletin (“SAB”) No. 107, “Share-Based Payment (SAB Topic 14),” and SAB No. 110, “Share-Based Payment (SAB Topic 14.D.2).” The expected term used to value a grant under the simplified method is the mid-point between the vesting date and the contractual term of the SSAR. As the Company has only been granting SSARs since April 2006, it does not believe it has sufficient relevant experience regarding employee exercise behavior. The weighted average grant-date fair value of SSARs granted under the 2006 Plan and the weighted average assumptions under the Black-Scholes option model were as follows for the nine months ended September 30, 2012 and 2011:



	Nine Months Ended September 30,
	2012			2011
Weighted average grant-date fair value	$	22.50		$	22.54
Weighted average assumptions under Black-Scholes option model:
Expected life of awards (years)	5.5			5.5
Risk-free interest rate	0.8		%	2.0		%
Expected volatility	51.0		%	49.5		%
Expected dividend yield	—			—

SSAR transactions during the nine months ended September 30, 2012 were as follows:



SSARs outstanding at January 1	832,060
SSARs granted	305,900
SSARs exercised	(36,548		)
SSARs canceled or forfeited	(20,325		)
SSARs outstanding at September 30	1,081,087
SSAR price ranges per share:
Granted	$ 51.37-52.94
Exercised	21.45-37.38
Canceled or forfeited	43.39-52.94
Weighted average SSAR exercise prices per share:
Granted	$	52.89
Exercised	26.43
Canceled or forfeited	48.84
Outstanding at September 30	41.46

At September 30, 2012, the weighted average remaining contractual life of SSARs outstanding was approximately four years. As of September 30, 2012, the total compensation cost related to unvested SSARs not yet recognized was approximately $8.7 million and the weighted-average period over which it is expected to be recognized is approximately three years.

The following table sets forth the exercise price range, number of shares, weighted average exercise price, and remaining contractual lives by groups of similar price:



	SSARs Outstanding				SSARs Exercisable
Range of Exercise Prices	Number of Shares	Weighted Average Remaining Contractual Life (Years)	Weighted Average Exercise Price		Exercisable as of September 30, 2012	Weighted Average Exercise Price
$21.45 – $32.01	247,250	3.2	$	22.14	173,500	$	22.12
$33.65 – $44.55	286,150	3.1	$	35.30	192,500	$	35.92
$47.89 – $56.98	547,687	5.3	$	53.40	138,787	$	55.54
	1,081,087				504,787	$	36.57

The total fair value of SSARs vested during the nine months ended September 30, 2012 was approximately $2.5 million. There were 576,300 SSARs that were not vested as of September 30, 2012. The total intrinsic value of outstanding and exercisable SSARs as of September 30, 2012 was $9.7 million and $6.6 million, respectively. The total intrinsic value of SSARs exercised during the nine months ended September 30, 2012 was approximately $0.9 million. The Company realized an insignificant tax benefit from the exercise of these SSARs.

Director Restricted Stock Grants

The 2006 Plan provides for annual restricted stock grants of the Company’s common stock to all non-employee directors. The shares are restricted as to transferability for a period of three years, but are not subject to forfeiture. In the event a director departs from the Company’s Board of Directors, the non-transferability period expires immediately. The plan allows each director to have the option of forfeiting a portion of the shares awarded in lieu of a cash payment contributed to the participant’s tax withholding to satisfy the statutory minimum federal, state and employment taxes that would be payable at the time of grant. The 2012 grant was made on April 26, 2012 and equated to 19,251 shares of common stock, of which 13,986 shares of common stock were issued after shares were withheld for taxes. The Company recorded stock compensation expense of approximately $0.9 million during the nine months ended September 30, 2012 associated with these grants.

As of September 30, 2012, of the 10.0 million shares reserved for issuance under the 2006 Plan, approximately 4.1 million shares were available for grant, assuming the maximum number of shares are earned related to the performance award grants discussed above.

Stock Option Plan

During the nine months ended September 30, 2012, 2,000 stock options outstanding as of December 31, 2011 were exercised with an exercise price of $20.85. There were no stock options outstanding as of September 30, 2012 under the stock option plan. The total intrinsic value of options exercised during the nine months ended September 30, 2012 was approximately $0.1 million. Cash proceeds received from stock option exercises was less than $0.1 million for the nine months ended September 30, 2012. The Company did not realize a tax benefit from the exercise of these options.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64, 65, A240
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 93-6
-Paragraph 53
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 40
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929

+ Details

Goodwill and Other Intangible Assets

9 Months Ended

Sep. 30, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

GOODWILL AND OTHER INTANGIBLE ASSETS

Changes in the carrying amount of acquired intangible assets during the nine months ended September 30, 2012 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, 2011	$	118.1		$	511.4		$	85.7		$	8.6	$	723.8
Acquisitions	1.5			—			1.1			—		2.6
Foreign currency translation	(0.7		)	(5.3		)	(0.7		)	—		(6.7		)
Balance as of September 30, 2012	$	118.9		$	506.1		$	86.1		$	8.6	$	719.7



	Trademarks and Tradenames		Customer Relationships			Patents and Technology			Land Use Rights		Total
Accumulated amortization:
Balance as of December 31, 2011	$	13.1	$	85.3		$	50.3		$	—	$	148.7
Amortization expense	5.0		29.5			2.3			0.1		36.9
Foreign currency translation	—		(4.3		)	(0.5		)	—		(4.8		)
Balance as of September 30, 2012	$	18.1	$	110.5		$	52.1		$	0.1	$	180.8



	Trademarks and Tradenames
Indefinite-lived intangible assets:
Balance as of December 31, 2011	$	91.4
Foreign currency translation	(0.3		)
Balance as of September 30, 2012	$	91.1

Changes in the carrying amount of goodwill during the nine months ended September 30, 2012 are summarized as follows (in millions):



	North America		South America			Europe/Africa/ Middle East			Asia/ Pacific			Consolidated
Balance as of December 31, 2011	$	415.9	$	212.2		$	496.8		$	69.6		$	1,194.5
Acquisitions	—		28.4			—			(3.7		)	24.7
Adjustments related to income taxes	—		—			(6.4		)	—			(6.4		)
Foreign currency translation	—		(19.9		)	(2.1		)	1.1			(20.9		)
Balance as of September 30, 2012	$	415.9	$	220.7		$	488.3		$	67.0		$	1,191.9

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.

The Company currently amortizes certain acquired intangible assets, primarily on a straight-line basis, over their estimated useful lives, which range from five to 45 years.

During the nine months ended September 30, 2012, the Company reduced goodwill by approximately $6.4 million related to the realization of tax benefits associated with excess tax basis deductible goodwill resulting from its acquisition of Valtra in Finland.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Indebtedness

9 Months Ended

Sep. 30, 2012

Indebtedness [Abstract]

Indebtedness

INDEBTEDNESS

Indebtedness consisted of the following at September 30, 2012 and December 31, 2011 (in millions):



	September 30, 2012			December 31, 2011
1¹/4% Convertible senior subordinated notes due 2036	$	189.9		$	183.4
4¹/₂% Senior term loan due 2016	257.1			259.4
5⁷/8% Senior notes due 2021	300.0			300.0
Credit facility expires 2016	600.0			665.0
Other long-term debt	59.7			62.0
	1,406.7			1,469.8
Less: Current portion of long-term debt	(52.8		)	(60.1		)
Total indebtedness, less current portion	$	1,353.9		$	1,409.7

Convertible Senior Subordinated Notes

The following table sets forth as of September 30, 2012 and December 31, 2011 the carrying amount of the equity component, the principal amount of the liability component, the unamortized discount and the net carrying amount of the Company’s $201.3 million 1¹/4% convertible senior subordinated notes due 2036 (in millions):



	September 30, 2012			December 31, 2011
Carrying amount of the equity component	$	54.3		$	54.3

Principal amount of the liability component	$	201.3		$	201.3
Less: unamortized discount	(11.4		)	(17.9		)
Net carrying amount	$	189.9		$	183.4

The interest expense recognized relating to the contractual interest coupon and the amortization of the discount on the liability component for the 1¹/4% convertible senior subordinated notes was approximately $2.8 million and $8.4 million for the three and nine months ended September 30, 2012, respectively, and $2.7 million and $8.1 million for the three and nine months ended September 30, 2011, respectively. The effective interest rate on the liability component for the 1¹/4% convertible senior subordinated notes for the nine months ended September 30, 2012 and 2011 was 6.1%. The unamortized discount for the 1¹/4% convertible senior subordinated notes will be amortized through December 2013, as this is the earliest date that the notes’ holders can require the Company to repurchase the notes.

The Company’s 1¹/4% convertible senior subordinated notes, due December 15, 2036, were issued in December 2006, and provide for (i) the settlement upon conversion in cash up to the principal amount of the notes with any excess conversion value settled in shares of the Company’s common stock, and (ii) the conversion rate to be increased under certain circumstances if the notes are converted in connection with certain change of control transactions occurring prior to December 15, 2013. The notes are unsecured obligations and are convertible into cash and shares of the Company’s common stock upon satisfaction of certain conditions. Interest is payable on the notes at 1¹/4% per annum, payable semi-annually in arrears in cash on June 15 and December 15 of each year. The notes are convertible into shares of the Company’s common stock at an effective price of $40.73 per share, subject to adjustment. This reflects an initial conversion rate for the notes of 24.5525 shares of common stock per $1,000 principal amount of notes.

Holders of the Company’s 1¹/4% convertible senior subordinated notes may convert the notes if, during any fiscal quarter, the closing sales price of the Company’s common stock exceeds 120% of the conversion price of $40.73 per share for at least 20 trading days in the 30 consecutive trading days ending on the last trading day of the preceding fiscal quarter. As of September 30, 2012 and December 31, 2011, the closing sales price of the Company’s common stock had not exceeded 120% of the conversion price of the 1¹/4% convertible senior subordinated notes for at least 20 trading days in the 30 consecutive trading days ending September 30, 2012 and December 31, 2011, and, therefore, the Company classified the notes as long-term debt. Future classification of the 1¹/4% convertible senior subordinated notes between current and long-term debt is dependent on the closing sales price of the Company’s common stock during future quarters.

4 ¹/2% Senior Term Loan

The Company’s €200.0 million (or approximately $257.1 million as of September 30, 2012) 4¹/2% senior term loan with Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. (“Rabobank”) is due May 2, 2016. The Company has the ability to prepay the term loan before its maturity date. Interest is payable on the term loan at 4¹/2% per annum, payable quarterly in arrears on March 31, June 30, September 30 and December 31 of each year. The term loan contains covenants restricting, among other things, the incurrence of indebtedness and the making of certain payments, including dividends, and is subject to acceleration in the event of default. The Company also has to fulfill financial covenants with respect to a total debt to EBITDA ratio and an interest coverage ratio.

5 ⁷/8% Senior Notes

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

Credit Facility

The Company’s revolving credit and term loan facility consists of a $600.0 million multi-currency revolving credit facility and a $385.0 million term loan facility. The maturity date of the Company’s credit facility is December 1, 2016. The Company is required to make quarterly payments towards the term loan of $5.0 million commencing March 2012 increasing to $10.0 million commencing March 2015. Interest accrues on amounts outstanding under the credit facility, at the Company’s option, at either (1) LIBOR plus a margin ranging from 1.0% to 2.0% based on the Company’s leverage ratio, or (2) the base rate, which is equal to the higher of (i) the administrative agent’s base lending rate for the applicable currency, (ii) the federal funds rate plus 0.5%, and (iii) one-month LIBOR for loans denominated in US dollars plus 1.0% plus a margin ranging from 0.0% to 0.5% based on the Company’s leverage ratio. The credit facility contains covenants restricting, among other things, the incurrence of indebtedness and the making of certain payments, including dividends, and is subject to acceleration in the event of a default. The Company also has to fulfill financial covenants with respect to a total debt to EBITDA ratio and an interest coverage ratio. As of September 30, 2012, the Company had $600.0 million of outstanding borrowings under the credit facility and availability to borrow approximately $385.0 million. As of December 31, 2011, the Company had $665.0 million of outstanding borrowings under the credit facility and availability to borrow approximately $335.0 million.

The carrying amounts of long-term debt under the Company’s 4¹/2% senior term loan and credit facility approximate their fair values based on the borrowing rates currently available to the Company for loans with similar terms and average maturities. At September 30, 2012, the estimated fair values of the Company’s 5⁷/8% senior notes and 1¹/4% convertible senior subordinated notes, based on their listed market values, were $324.6 million and $249.6 million, respectively, compared to their carrying values of $300.0 million and $189.9 million, respectively. At December 31, 2011, the estimated fair values of the Company’s 5⁷/8% senior notes and 1¹/4% convertible senior subordinated notes, based on their listed market values, were $298.9 million and $252.4 million, respectively, compared to their carrying values of $300.0 million and $183.4 million, respectively.

Standby Letters of Credit and Similar Instruments

The Company has arrangements with various banks to issue standby letters of credit or similar instruments, which guarantee the Company’s obligations for the purchase or sale of certain inventories and for potential claims exposure for insurance coverage. At September 30, 2012 and December 31, 2011, outstanding letters of credit totaled $16.9 million and $15.6 million, respectively.

Inventories

9 Months Ended

Sep. 30, 2012

Inventory Disclosure [Abstract]

Inventories

INVENTORIES

Inventories at September 30, 2012 and December 31, 2011 were as follows (in millions):



	September 30, 2012		December 31, 2011
Finished goods	$	799.9	$	500.0
Repair and replacement parts	545.1		450.7
Work in process	176.7		127.6
Raw materials	492.2		481.3
Inventories, net	$	2,013.9	$	1,559.6

Product Warranty

9 Months Ended

Sep. 30, 2012

Product Warranty [Abstract]

Product Warranty

PRODUCT WARRANTY

The warranty reserve activity for the three and nine months ended September 30, 2012 and 2011 consisted of the following (in millions):



	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
Balance at beginning of period	$	255.2		$	237.5		$	240.5		$	199.5
Acquisitions	—			—			0.1			2.6
Accruals for warranties issued during the period	41.7			43.2			133.0			136.8
Settlements made (in cash or in kind) during the period	(43.4		)	(40.5		)	(117.4		)	(109.9		)
Foreign currency translation	2.4			(14.9		)	(0.3		)	(3.7		)
Balance at September 30	$	255.9		$	225.3		$	255.9		$	225.3

The Company’s agricultural equipment products are generally warranted against defects in material and workmanship for a period of one to four years. The Company accrues for future warranty costs at the time of sale based on historical warranty experience. Approximately $224.1 million and $212.7 million of warranty reserves are included in “Accrued expenses” in the Company’s Condensed Consolidated Balance Sheets as of September 30, 2012 and December 31, 2011, respectively. Approximately $31.8 million and $27.8 million of warranty reserves are included in “Other noncurrent liabilities” in the Company’s Condensed Consolidated Balance Sheets as of September 30, 2012 and December 31, 2011, respectively.

Net Income Per Common Share

9 Months Ended

Sep. 30, 2012

Earnings Per Share [Abstract]

Net Income Per Common Share

NET INCOME PER COMMON SHARE

Basic net income per common share is computed by dividing net income attributable to AGCO Corporation and its subsidiaries by the weighted average number of common shares outstanding during each period. Diluted net income per common share assumes exercise of outstanding SSARs, vesting of performance share awards, vesting of restricted stock and the appreciation of the excess conversion value of the contingently convertible senior subordinated notes using the treasury stock method when the effects of such assumptions are dilutive. Dilution of weighted shares outstanding will depend on the Company’s stock price for the excess conversion value of the convertible senior subordinated notes using the treasury stock method. A reconciliation of net income attributable to AGCO Corporation and its subsidiaries and weighted average common shares outstanding for purposes of calculating basic and diluted net income per share for the three and nine months ended September 30, 2012 and 2011 is as follows (in millions, except per share data):



	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
Basic net income per share:
Net income attributable to AGCO Corporation and subsidiaries	$	94.5	$	84.4	$	419.6	$	298.1
Weighted average number of common shares outstanding	97.0		96.4		97.1		95.1
Basic net income per share attributable to AGCO Corporation and subsidiaries	$	0.97	$	0.88	$	4.32	$	3.13
Diluted net income per share:
Net income attributable to AGCO Corporation and subsidiaries	$	94.5	$	84.4	$	419.6	$	298.1
Weighted average number of common shares outstanding	97.0		96.4		97.1		95.1
Dilutive SSARs, performance share awards and restricted stock awards	1.0		0.2		1.0		0.3
Weighted average assumed conversion of contingently convertible senior subordinated notes	0.4		0.3		0.5		2.5
Weighted average number of common shares and common share equivalents outstanding for purposes of computing diluted net income per share	98.4		96.9		98.6		97.9
Diluted net income per share attributable to AGCO Corporation and subsidiaries	$	0.96	$	0.87	$	4.25	$	3.04

SSARs to purchase approximately 0.6 million shares of the Company’s common stock for the three and nine months ended September 30, 2012 and approximately 0.3 million shares of the Company’s common stock for the three and nine months ended September 30, 2011 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	9 Months Ended
Income Taxes	Sep. 30, 2012
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES At September 30, 2012 and December 31, 2011, the Company had approximately $94.9 million and $71.1 million, respectively, of unrecognized tax benefits, all of which would affect the Company’s effective tax rate if recognized. As of September 30, 2012 and December 31, 2011, the Company had approximately $27.5 million and $23.0 million, respectively, of accrued or deferred taxes related to uncertain income tax positions connected with ongoing tax audits in various jurisdictions that it expects to settle or pay in the next 12 months. The Company accrues interest and penalties related to unrecognized tax benefits in its provision for income taxes. As of September 30, 2012 and December 31, 2011, the Company had accrued interest and penalties related to unrecognized tax benefits of $10.3 million and $7.6 million, respectively. Generally, the tax years 2006 through 2011 remain open to examination by taxing authorities in the United States and certain other foreign taxing jurisdictions.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 136, 172
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
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+ Details

Derivative Instruments and Hedging Activities

9 Months Ended

Sep. 30, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments and Hedging Activities

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

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

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

Foreign Currency Risk

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

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

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

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

Cash Flow Hedges

During 2012 and 2011, the Company designated certain foreign currency contracts as cash flow hedges of expected future sales and purchases. The effective portion of the fair value gains or losses on these cash flow hedges were recorded in other comprehensive (loss) income and are subsequently reclassified into cost of goods sold during the period the sales and purchases are recognized. These amounts offset the effect of the changes in foreign currency rates on the related sale and purchase transactions. The amount of the (loss) gain recorded in other comprehensive (loss) income that was reclassified to cost of goods sold during the nine months ended September 30, 2012 and 2011 was approximately $(5.4) million and $4.9 million, respectively, on an after-tax basis. The outstanding contracts as of September 30, 2012 range in maturity through December 2013.

The following table summarizes the activity in accumulated other comprehensive loss related to the derivatives held by the Company during the nine months ended September 30, 2012 (in millions):



	Before-Tax Amount			Income Tax			After-Tax Amount
Accumulated derivative net losses as of December 31, 2011	$	(5.4	)	$	(1.1	)	$	(4.3	)
Net changes in fair value of derivatives	(3.4		)	0.6			(4.0		)
Net loss reclassified from accumulated other comprehensive loss into income	5.6			0.2			5.4
Accumulated derivative net losses as of September 30, 2012	$	(3.2	)	$	(0.3	)	$	(2.9	)

The Company had outstanding foreign currency contracts with a notional amount of approximately $110.9 million and $275.9 million as of September 30, 2012 and December 31, 2011, respectively, that were entered into to hedge forecasted sale and purchase transactions.

Derivative Transactions Not Designated as Hedging Instruments

During 2012 and 2011, the Company entered into foreign currency contracts to hedge receivables and payables on the Company and its subsidiaries’ balance sheets that are denominated in foreign currencies other than the functional currency. These contracts were classified as non-designated derivative instruments.

As of September 30, 2012 and December 31, 2011, the Company had outstanding foreign currency contracts with a notional amount of approximately $1,275.6 million and $956.8 million, respectively, that were entered into to hedge receivables and payables that are denominated in foreign currencies other than the functional currency. Changes in the fair value of these contracts are reported in “Other expense, net.” For the three and nine months ended September 30, 2012, the Company recorded a net gain of approximately $6.3 million and $7.2 million, respectively, under the caption of “Other expense, net” related to these contracts. For the three and nine months ended September 30, 2011, the Company recorded a net loss of approximately $15.7 million and $13.8 million, respectively, within “Other expense, net” related to these contracts. Gains and losses on such contracts are substantially offset by losses and gains on the remeasurement of the underlying asset or liability being hedged.

The table below sets forth the fair value of derivative instruments as of September 30, 2012 (in millions):



	Asset Derivatives As of September 30, 2012			Liability Derivatives As of September 30, 2012
	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	$	3.1
Derivative instruments not designated as hedging instruments:
Foreign currency contracts	Other current assets	5.2		Other current liabilities	6.2
Total derivative instruments		$	5.2		$	9.3

The table below sets forth the fair value of derivative instruments as of December 31, 2011 (in millions):



	Asset Derivatives As of December 31, 2011			Liability Derivatives As of December 31, 2011
	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	$	4.3
Derivative instruments not designated as hedging instruments:
Foreign currency contracts	Other current assets	7.3		Other current liabilities	7.9
Total derivative instruments		$	7.3		$	12.2

Counterparty Risk

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

- Definition

The entire disclosure for the entity's entire derivative instruments and hedging activities. Describes an entity's risk management strategies, derivatives in hedging activities and non-hedging derivative instruments, the assets, obligations, liabilities, revenues and expenses arising therefrom, and the amounts of and methodologies and assumptions used in determining the amounts of such items.

+ References

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-Name Statement of Financial Accounting Standard (FAS)
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+ Details

Changes in Stockholders' Equity and Temporary Equity

9 Months Ended

Sep. 30, 2012

Stockholders' Equity Note [Abstract]

Changes in Stockholders' Equity and Temporary Equity

CHANGES IN STOCKHOLDERS’ EQUITY AND TEMPORARY EQUITY

The following table sets forth changes in stockholders’ equity and temporary equity attributed to AGCO Corporation and its subsidiaries and to noncontrolling interests for the nine months ended September 30, 2012 (in millions):



	Common Stock		Additional Paid-in Capital			Retained Earnings		Accumulated Other Comprehensive Loss			Noncontrolling Interests			Total Stockholders’ Equity			Temporary Equity
Balance, December 31, 2011	$	1.0	$	1,073.2		$	2,321.6	$	(400.6	)	$	36.0		$	3,031.2		$	—
Stock compensation	—		28.8			—		—			—			28.8			—
Stock options and SSARs exercised	—		(0.1		)	—		—			—			(0.1		)	—
Changes in noncontrolling interest	—		—			—		—			(3.7		)	(3.7		)	—
Distribution to noncontrolling interest	—		—			—		—			(1.3		)	(1.3		)	—
Comprehensive income:
Net income (loss)	—		—			419.6		—			3.0			422.6			(7.2		)
Other comprehensive (loss) income, net of reclassification adjustments:
Foreign currency translation adjustments	—		—			—		(95.4		)	—			(95.4		)	(1.5		)
Defined benefit pension plans, net of tax	—		—			—		7.1			—			7.1			—
Unrealized gain on derivatives, net of tax	—		—			—		1.4			—			1.4			—
Purchases and retirement of common stock	—		(9.5		)	—		—			—			(9.5		)	—
Investment by redeemable noncontrolling interest	—		—			—		—			—			—			17.6
Balance, September 30, 2012	$	1.0	$	1,092.4		$	2,741.2	$	(487.5	)	$	34.0		$	3,381.1		$	8.9

Total comprehensive (loss) income attributable to noncontrolling interests and redeemable noncontrolling interest for the three and nine months ended September 30, 2012 and 2011 was as follows (in millions):



	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
Net (loss) income	$	(2.4	)	$	0.1		$	(4.2	)	$	1.9
Other comprehensive (loss) income:
Foreign currency translation adjustments	(0.1		)	(0.1		)	(1.5		)	—
Defined benefit pension plans, net of tax	—			—			—			—
Unrealized gain on derivatives, net of tax	—			—			—			—
Total comprehensive (loss) income	$	(2.5	)	$	—		$	(5.7	)	$	1.9

Share Repurchase Program

In July 2012, the Board of Directors approved a share repurchase program under which the Company is permitted to repurchase up to $50.0 million of its common stock. In the third quarter of 2012, through open market transactions, the Company repurchased 224,007 shares of its common stock for approximately $9.5 million at an average price paid of $42.44 per share. Repurchased shares were retired on the date of purchase, and the excess of the purchase price over par value was recorded to “Additional paid-in capital” within the Company’s Condensed Consolidated Balance Sheets.

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

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-Number 210
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-Paragraph d

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-Name Accounting Research Bulletin (ARB)
-Number 43
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-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

Reference 20: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 4.E)
-URI http://asc.fasb.org/extlink&oid=6228006&loc=d3e74512-122707

Reference 21: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Preferred Stock
-URI http://asc.fasb.org/extlink&oid=6521494

Reference 22: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.29-31)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 23: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SAB TOPIC 4.C)
-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187143-122770

+ Details

Accounts Receivable Sales Agreements	9 Months Ended
Accounts Receivable Sales Agreements	Sep. 30, 2012
Accounts Receivable Sales Agreements [Abstract]
Accounts Receivable Sales Agreements	ACCOUNTS RECEIVABLE SALES AGREEMENTS At September 30, 2012 and December 31, 2011, the Company had accounts receivable sales agreements that permit the sale, on an ongoing basis, of a majority of its wholesale receivables in North America and Europe to its 49% owned U.S., Canadian and European retail finance joint ventures. As of September 30, 2012 and December 31, 2011, the cash received from receivables sold under the U.S., Canadian and European accounts receivable sales agreements was approximately $929.5 million and $827.5 million, respectively. Under the terms of the accounts receivable agreements in North America and Europe, the Company pays an annual servicing fee related to the servicing of the receivables sold. The Company also pays the respective AGCO Finance entities a subsidized interest payment with respect to the sales agreements, calculated based upon LIBOR plus a margin on any non-interest bearing accounts receivable outstanding and sold under the sales agreements. These fees were reflected within losses on the sales of receivables included within “Other expense, net” in the Company’s Condensed Consolidated Statements of Operations. The 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. 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 $5.8 million and $16.4 million during the three and nine months ended September 30, 2012, respectively. Losses on sales of receivables associated with the Company’s accounts receivable financing facilities reflected within “Other expense, net” and “Interest expense, net” in the Company’s Condensed Consolidated Statements of Operations were approximately $6.9 million and $15.6 million during the three and nine months ended September 30, 2011, respectively. The Company’s retail finance joint ventures in Brazil and Australia also provide wholesale financing to the Company’s dealers. The receivables associated with these arrangements are without recourse to the Company. The Company does not service the receivables after the sale occurs and does not maintain any direct retained interest in the receivables. As of September 30, 2012 and December 31, 2011, these retail finance joint ventures had approximately $86.3 million and $62.0 million, respectively, of outstanding accounts receivable associated with these arrangements. The Company reviewed its accounting for these arrangements and determined that these arrangements should be accounted for as off-balance sheet transactions. In addition, the Company sells certain trade receivables under factoring arrangements to other financial institutions around the world. The Company reviewed the sale of such receivables and determined that these arrangements should be accounted for as off-balance sheet transactions.

Employee Benefit Plans

9 Months Ended

Sep. 30, 2012

Compensation and Retirement Disclosure [Abstract]

Employee Benefit Plans

EMPLOYEE BENEFIT PLANS

Net pension and postretirement cost for the Company’s defined pension and postretirement benefit plans for the three months ended September 30, 2012 and 2011 are set forth below (in millions):



	Three Months Ended September 30,
Pension benefits	2012			2011
Service cost	$	4.3		$	3.9
Interest cost	9.8			10.0
Expected return on plan assets	(8.9		)	(9.0		)
Amortization of net actuarial loss and prior service cost	2.6			1.8
Net annual pension cost	$	7.8		$	6.7



	Three Months Ended September 30,
Postretirement benefits	2012			2011
Interest cost	$	0.4		$	0.4
Amortization of prior service credit	(0.1		)	(0.1		)
Amortization of net actuarial loss	0.1			0.1
Net annual postretirement benefit cost	$	0.4		$	0.4

Net pension and postretirement cost for the Company’s defined pension and postretirement benefit plans for the nine months ended September 30, 2012 and 2011 are set forth below (in millions):



	Nine Months Ended September 30,
Pension benefits	2012			2011
Service cost	$	12.9		$	11.8
Interest cost	29.3			30.2
Expected return on plan assets	(26.7		)	(27.2		)
Amortization of net actuarial loss and prior service cost	7.9			5.3
Net annual pension cost	$	23.4		$	20.1



	Nine Months Ended September 30,
Postretirement benefits	2012			2011
Service cost	$	0.1		$	0.1
Interest cost	1.2			1.2
Amortization of prior service credit	(0.2		)	(0.2		)
Amortization of net actuarial loss	0.3			0.2
Net annual postretirement benefit cost	$	1.4		$	1.3

During the nine months ended September 30, 2012, approximately $29.8 million of contributions had been made to the Company’s defined benefit pension plans. The Company currently estimates its minimum contributions for 2012 to its defined benefit pension plans will aggregate approximately $38.3 million.

During the nine months ended September 30, 2012, the Company made approximately $1.5 million of contributions to its postretirement health care and life insurance benefit plans. The Company currently estimates that it will make approximately $1.9 million of contributions to its postretirement health care and life insurance benefit plans during 2012.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph q
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 8
-Subparagraph m
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 03-2
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 30
-Paragraph 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS106-2
-Paragraph 20, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Implementation Guide (Q and A)
-Number FAS88
-Paragraph 63
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-URI http://asc.fasb.org/topic&trid=2235017

+ Details

Segment Reporting

9 Months Ended

Sep. 30, 2012

Segment Reporting [Abstract]

Segment Reporting

SEGMENT REPORTING

Effective January 1, 2012, the Company modified its system of reporting, resulting from changes to its internal management and organizational structure, which changed its reportable segments from North America; South America; Europe/Africa/Middle East; and Rest of World, to North America; South America; Europe/Africa/Middle East; and Asia/Pacific. The Asia/Pacific reportable segment includes the regions of Asia, Australia and New Zealand, and the Europe/Africa/Middle East segment will now include certain markets in Eastern Europe. Effective January 1, 2012, these reportable segments are reflective of how the Company’s chief operating decision maker reviews operating results for the purposes of allocating resources and assessing performance. Disclosures for the three and nine months ended September 30, 2011 have been adjusted to reflect the change in reportable segments.

The Company’s four reportable segments distribute a full range of agricultural equipment and related replacement parts. The Company evaluates segment performance primarily based on income from operations. Sales for each segment are based on the location of the third-party customer. The Company’s selling, general and administrative expenses and engineering expenses are charged to each segment based on the region and division where the expenses are incurred. As a result, the components of income from operations for one segment may not be comparable to another segment. Segment results for the three and nine months ended September 30, 2012 and 2011 and assets as of September 30, 2012 and December 31, 2011 based on the Company’s reportable segments are as follows (in millions):



Three Months Ended September 30,	North America		South America		Europe/Africa/ Middle East		Asia/ Pacific		Consolidated
2012
Net sales	$	632.2	$	479.9	$	1,060.5	$	122.4	$	2,295.0
Income from operations	60.0		45.0		81.7		3.8		190.5
Depreciation	11.0		5.5		20.9		2.3		39.7
Capital expenditures	20.7		10.4		49.8		3.2		84.1
2011
Net sales	$	417.7	$	515.7	$	1,092.4	$	73.3	$	2,099.1
Income from operations	15.6		35.4		89.6		6.5		147.1
Depreciation	7.2		5.0		23.3		1.1		36.6
Capital expenditures	11.0		7.6		55.4		0.8		74.8



Nine Months Ended September 30,	North America		South America		Europe/Africa/ Middle East		Asia/ Pacific		Consolidated
2012
Net sales	$	1,932.1	$	1,343.8	$	3,667.2	$	315.7	$	7,258.8
Income from operations	205.9		110.6		387.5		9.8		713.8
Depreciation	30.5		17.0		72.2		5.7		125.4
Capital expenditures	48.2		28.9		149.8		8.3		235.2
2011
Net sales	$	1,171.9	$	1,423.0	$	3,465.6	$	194.9	$	6,255.4
Income from operations	48.3		106.7		344.4		15.9		515.3
Depreciation	19.9		15.0		72.7		2.6		110.2
Capital expenditures	25.2		20.3		138.9		2.8		187.2
Assets
As of September 30, 2012	$	983.0	$	737.9	$	2,276.1	$	303.5	$	4,300.5
As of December 31, 2011	861.4		585.5		1,990.9		215.7		3,653.5

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



	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
Segment income from operations	$	190.5		$	147.1		$	713.8		$	515.3
Corporate expenses	(29.8		)	(22.0		)	(75.5		)	(60.3		)
Stock compensation	(8.9		)	(6.0		)	(27.1		)	(17.0		)
Restructuring and other infrequent income	—			—			—			0.7
Amortization of intangibles	(12.2		)	(4.8		)	(36.9		)	(14.1		)
Consolidated income from operations	$	139.6		$	114.3		$	574.3		$	424.6



	September 30, 2012		December 31, 2011
Segment assets	$	4,300.5	$	3,653.5
Cash and cash equivalents	321.9		724.4
Receivables from affiliates	108.5		122.9
Investments in affiliates	380.7		346.3
Deferred tax assets, other current and noncurrent assets	587.6		549.1
Intangible assets, net	630.0		666.5
Goodwill	1,191.9		1,194.5
Consolidated total assets	$	7,521.1	$	7,257.2

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Sep. 30, 2012
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Off-Balance Sheet Arrangements Guarantees The Company maintains a remarketing agreement with its U.S. retail finance joint venture, whereby the Company is obligated to repurchase repossessed inventory at market values. The Company has an agreement with its U.S. retail finance joint venture which limits the Company’s purchase obligations under this arrangement to $6.0 million in the aggregate per calendar year. The Company believes that any losses that might be incurred on the resale of this equipment will not materially impact the Company’s financial position or results of operations, due to the fair value of the underlying equipment. At September 30, 2012, the Company guaranteed indebtedness owed to third parties of approximately $147.1 million, primarily related to dealer and end-user financing of equipment. Such guarantees generally obligate the Company to repay outstanding finance obligations owed to financial institutions if dealers or end users default on such loans through 2016. The Company believes the credit risk associated with these guarantees is not material to its financial position or results of operations. Losses under such guarantees have historically been insignificant. In addition, the Company generally would expect to be able to recover a significant portion of the amounts paid under such guarantees from the sale of the underlying financed farm equipment, as the fair value of such equipment is expected to be sufficient to offset a substantial portion of the amounts paid. Other The Company sells a majority of its wholesale receivables in North America and Europe to its 49% owned U.S., Canadian and European retail finance joint ventures. The Company also sells certain accounts receivable under factoring arrangements to financial institutions around the world. The Company reviewed the sale of such receivables and determined that these facilities should be accounted for as off-balance sheet transactions. Legal Claims and Other Matters As a result of Brazilian tax legislative changes impacting value added taxes (“VAT”), the Company recorded a reserve of approximately $60.2 million and $54.6 million against its outstanding balance of Brazilian VAT receivable as of September 30, 2012 and December 31, 2011, respectively, due to the uncertainty as to the Company’s ability to collect the amounts outstanding. On June 27, 2008, the Republic of Iraq filed a civil action in a federal court in New York, Case No. 08 CIV 59617, naming as defendants the Company’s French subsidiary and two of its other foreign subsidiaries that participated in the United Nations Oil for Food Program (the “Program”). Ninety-one other entities or companies also were named as defendants in the civil action due to their participation in the Program. The complaint purports to assert claims against each of the defendants seeking damages in an unspecified amount. Although the Company’s subsidiaries intend to vigorously defend against this action, it is not possible at this time to predict the outcome of this action or its impact, if any, on the Company, although if the outcome was adverse, the Company could be required to pay damages. In addition, the French government also is investigating the Company’s French subsidiary in connection with its participation in the Program. In August 2008, as part of a routine audit, the Brazilian taxing authorities disallowed deductions relating to the amortization of certain goodwill recognized in connection with a reorganization of the Company’s Brazilian operations and the related transfer of certain assets to the Company’s Brazilian subsidiaries. The amount of the tax disallowance through September 30, 2012, not including interest and penalties, was approximately R$90.6 million (or approximately $44.6 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.

Accounting Policies (Policies)	9 Months Ended
Accounting Policies (Policies)	Sep. 30, 2012
Accounting Policies [Abstract]
Derivatives Policy	All derivatives are recognized on the Company’s Condensed Consolidated Balance Sheets at fair value. On the date the derivative contract is entered into, the Company designates the derivative as either (1) a fair value hedge of a recognized liability, (2) a cash flow hedge of a forecasted transaction, (3) a hedge of a net investment in a foreign operation, or (4) a non-designated derivative instrument. The Company formally documents all relationships between hedging instruments and hedged items, as well as the risk management objectives and strategy for undertaking various hedge transactions. The Company formally assesses, both at the hedge’s inception and on an ongoing basis, whether the derivatives that are used in hedging transactions are highly effective in offsetting changes in fair values or cash flow of hedged items. When it is determined that a derivative is no longer highly effective as a hedge, hedge accounting is discontinued on a prospective basis.

- Definition

Disclosure of accounting policy for its derivative instruments and hedging activities. Disclosure may include: (1) Each method used to account for derivative financial instruments and derivative commodity instruments ("derivatives"); (2) the types of derivatives accounted for under each method; (3) the criteria required to be met for each accounting method used, including a discussion of the criteria required to be met for hedge or deferral accounting and accrual or settlement accounting (for example, whether and how risk reduction, correlation, designation, and effectiveness tests are applied); (4) the accounting method used if the criteria specified for hedge accounting are not met; (5) the method used to account for termination of derivatives designated as hedges or derivatives used to affect directly or indirectly the terms, fair values, or cash flows of a designated item; (6) the method used to account for derivatives when the designated item matures, is sold, is extinguished, or is terminated. In addition, the method used to account for derivatives designated to an anticipated transaction, when the anticipated transaction is no longer likely to occur; and (7) where and when derivatives, and their related gains or losses are reported in the statement of financial position, cash flows, and results of operations and (8) an accounting policy decision to offset fair value amounts with counterparties. An entity may also describe its embedded derivatives, and the method(s) used to determine the fair values of derivatives and any significant assumptions used in such valuations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 44
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph n
-Article 4

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 39
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=6935481&loc=SL5579245-113959

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6935481&loc=d3e41638-113959

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6935481&loc=SL5579240-113959

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6935481&loc=d3e41620-113959

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(n))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6935481&loc=d3e41675-113959

+ Details

Acquisitions (Tables)

9 Months Ended

Sep. 30, 2012

Business Combinations [Abstract]

Business Acquisition, Pro Forma Information

This unaudited pro forma information has been prepared for comparative purposes only and does not purport to represent what the results of operations of the Company actually would have been had the transactions occurred on the date indicated or what the results of operations may be in any future period (in millions, except per share data):



	Three Months Ended September 30,		Nine Months Ended September 30,
	2011		2011
Net sales	$	2,305.9	$	6,874.7
Net income attributable to AGCO Corporation and subsidiaries	102.7		348.8
Net income per common share attributable to AGCO Corporation and subsidiaries:
Basic	$	1.07	$	3.67
Diluted	$	1.06	$	3.56

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References + Details

Stock Compensation Plans (Tables)

9 Months Ended

Sep. 30, 2012

Share-based Compensation [Abstract]

Stock Compensation Expense

The Company recorded stock compensation expense as follows for the three and nine months ended September 30, 2012 and 2011 (in millions):



	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
Cost of goods sold	$	0.7	$	0.4	$	1.9	$	1.1
Selling, general and administrative expenses	8.9		6.0		27.1		17.0
Total stock compensation expense	$	9.6	$	6.4	$	29.0	$	18.1

Performance Award Transactions Text Block

Performance award transactions during the nine months ended September 30, 2012 were as follows and are presented as if the Company were to achieve its maximum levels of performance under the plan:



Shares awarded but not earned at January 1	2,207,981
Shares awarded	1,202,944
Shares forfeited or unearned	(126,339	)
Shares earned	—
Shares awarded but not earned at September 30	3,284,586

Weighted Average Grant-Date Fair Value of SSARS And Assumptions Under Black-Scholes Option Model

The weighted average grant-date fair value of SSARs granted under the 2006 Plan and the weighted average assumptions under the Black-Scholes option model were as follows for the nine months ended September 30, 2012 and 2011:



	Nine Months Ended September 30,
	2012			2011
Weighted average grant-date fair value	$	22.50		$	22.54
Weighted average assumptions under Black-Scholes option model:
Expected life of awards (years)	5.5			5.5
Risk-free interest rate	0.8		%	2.0		%
Expected volatility	51.0		%	49.5		%
Expected dividend yield	—			—

SSAR Activity

SSAR transactions during the nine months ended September 30, 2012 were as follows:



SSARs outstanding at January 1	832,060
SSARs granted	305,900
SSARs exercised	(36,548		)
SSARs canceled or forfeited	(20,325		)
SSARs outstanding at September 30	1,081,087
SSAR price ranges per share:
Granted	$ 51.37-52.94
Exercised	21.45-37.38
Canceled or forfeited	43.39-52.94
Weighted average SSAR exercise prices per share:
Granted	$	52.89
Exercised	26.43
Canceled or forfeited	48.84
Outstanding at September 30	41.46

Schedule Of SSAR Exercise Price Range, Number Of Shares, Weighted Average Exercise Price And Remaining Contractual Lives

The following table sets forth the exercise price range, number of shares, weighted average exercise price, and remaining contractual lives by groups of similar price:



	SSARs Outstanding				SSARs Exercisable
Range of Exercise Prices	Number of Shares	Weighted Average Remaining Contractual Life (Years)	Weighted Average Exercise Price		Exercisable as of September 30, 2012	Weighted Average Exercise Price
$21.45 – $32.01	247,250	3.2	$	22.14	173,500	$	22.12
$33.65 – $44.55	286,150	3.1	$	35.30	192,500	$	35.92
$47.89 – $56.98	547,687	5.3	$	53.40	138,787	$	55.54
	1,081,087				504,787	$	36.57

- Definition

Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed.

+ References + Details

Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets by Major Class

Changes in the carrying amount of acquired intangible assets during the nine months ended September 30, 2012 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, 2011	$	118.1		$	511.4		$	85.7		$	8.6	$	723.8
Acquisitions	1.5			—			1.1			—		2.6
Foreign currency translation	(0.7		)	(5.3		)	(0.7		)	—		(6.7		)
Balance as of September 30, 2012	$	118.9		$	506.1		$	86.1		$	8.6	$	719.7



	Trademarks and Tradenames		Customer Relationships			Patents and Technology			Land Use Rights		Total
Accumulated amortization:
Balance as of December 31, 2011	$	13.1	$	85.3		$	50.3		$	—	$	148.7
Amortization expense	5.0		29.5			2.3			0.1		36.9
Foreign currency translation	—		(4.3		)	(0.5		)	—		(4.8		)
Balance as of September 30, 2012	$	18.1	$	110.5		$	52.1		$	0.1	$	180.8

Schedule of Indefinite-lived Intangible Assets by Major Class



	Trademarks and Tradenames
Indefinite-lived intangible assets:
Balance as of December 31, 2011	$	91.4
Foreign currency translation	(0.3		)
Balance as of September 30, 2012	$	91.1

Schedule of Goodwill

Changes in the carrying amount of goodwill during the nine months ended September 30, 2012 are summarized as follows (in millions):



	North America		South America			Europe/Africa/ Middle East			Asia/ Pacific			Consolidated
Balance as of December 31, 2011	$	415.9	$	212.2		$	496.8		$	69.6		$	1,194.5
Acquisitions	—		28.4			—			(3.7		)	24.7
Adjustments related to income taxes	—		—			(6.4		)	—			(6.4		)
Foreign currency translation	—		(19.9		)	(2.1		)	1.1			(20.9		)
Balance as of September 30, 2012	$	415.9	$	220.7		$	488.3		$	67.0		$	1,191.9

- Definition

Tabular disclosure of goodwill by reportable segment and in total. Disclosure details may include, but are not limited to, the carrying amount of goodwill, goodwill acquired during the year, goodwill impairment losses recognized, goodwill written-off due to the sale of a business unit, goodwill not yet allocated, and any other changes to goodwill.

+ References + Details

Indebtedness (Tables)

9 Months Ended

Sep. 30, 2012

Indebtedness [Abstract]

Components Of Indebtedness

Indebtedness consisted of the following at September 30, 2012 and December 31, 2011 (in millions):



	September 30, 2012			December 31, 2011
1¹/4% Convertible senior subordinated notes due 2036	$	189.9		$	183.4
4¹/₂% Senior term loan due 2016	257.1			259.4
5⁷/8% Senior notes due 2021	300.0			300.0
Credit facility expires 2016	600.0			665.0
Other long-term debt	59.7			62.0
	1,406.7			1,469.8
Less: Current portion of long-term debt	(52.8		)	(60.1		)
Total indebtedness, less current portion	$	1,353.9		$	1,409.7

Carrying Amount Of The Convertible Senior Subordinated Notes



	September 30, 2012			December 31, 2011
Carrying amount of the equity component	$	54.3		$	54.3

Principal amount of the liability component	$	201.3		$	201.3
Less: unamortized discount	(11.4		)	(17.9		)
Net carrying amount	$	189.9		$	183.4

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 22
-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

+ Details

Inventories (Tables)

9 Months Ended

Sep. 30, 2012

Inventory Disclosure [Abstract]

Schedule of Inventory, Current

Inventories at September 30, 2012 and December 31, 2011 were as follows (in millions):



	September 30, 2012		December 31, 2011
Finished goods	$	799.9	$	500.0
Repair and replacement parts	545.1		450.7
Work in process	176.7		127.6
Raw materials	492.2		481.3
Inventories, net	$	2,013.9	$	1,559.6

Product Warranty (Tables)

9 Months Ended

Sep. 30, 2012

Product Warranty [Abstract]

Schedule of Product Warranty Liability

The warranty reserve activity for the three and nine months ended September 30, 2012 and 2011 consisted of the following (in millions):



	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
Balance at beginning of period	$	255.2		$	237.5		$	240.5		$	199.5
Acquisitions	—			—			0.1			2.6
Accruals for warranties issued during the period	41.7			43.2			133.0			136.8
Settlements made (in cash or in kind) during the period	(43.4		)	(40.5		)	(117.4		)	(109.9		)
Foreign currency translation	2.4			(14.9		)	(0.3		)	(3.7		)
Balance at September 30	$	255.9		$	225.3		$	255.9		$	225.3

Net Income Per Common Share (Tables)

9 Months Ended

Sep. 30, 2012

Earnings Per Share [Abstract]

Calculation Of Basic And Diluted Earnings Per Share

A reconciliation of net income attributable to AGCO Corporation and its subsidiaries and weighted average common shares outstanding for purposes of calculating basic and diluted net income per share for the three and nine months ended September 30, 2012 and 2011 is as follows (in millions, except per share data):



	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
Basic net income per share:
Net income attributable to AGCO Corporation and subsidiaries	$	94.5	$	84.4	$	419.6	$	298.1
Weighted average number of common shares outstanding	97.0		96.4		97.1		95.1
Basic net income per share attributable to AGCO Corporation and subsidiaries	$	0.97	$	0.88	$	4.32	$	3.13
Diluted net income per share:
Net income attributable to AGCO Corporation and subsidiaries	$	94.5	$	84.4	$	419.6	$	298.1
Weighted average number of common shares outstanding	97.0		96.4		97.1		95.1
Dilutive SSARs, performance share awards and restricted stock awards	1.0		0.2		1.0		0.3
Weighted average assumed conversion of contingently convertible senior subordinated notes	0.4		0.3		0.5		2.5
Weighted average number of common shares and common share equivalents outstanding for purposes of computing diluted net income per share	98.4		96.9		98.6		97.9
Diluted net income per share attributable to AGCO Corporation and subsidiaries	$	0.96	$	0.87	$	4.25	$	3.04

Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary Of Accumulated Other Comprehensive Loss Related To Derivatives

The following table summarizes the activity in accumulated other comprehensive loss related to the derivatives held by the Company during the nine months ended September 30, 2012 (in millions):



	Before-Tax Amount			Income Tax			After-Tax Amount
Accumulated derivative net losses as of December 31, 2011	$	(5.4	)	$	(1.1	)	$	(4.3	)
Net changes in fair value of derivatives	(3.4		)	0.6			(4.0		)
Net loss reclassified from accumulated other comprehensive loss into income	5.6			0.2			5.4
Accumulated derivative net losses as of September 30, 2012	$	(3.2	)	$	(0.3	)	$	(2.9	)

Fair Value Of Derivative Instruments

The table below sets forth the fair value of derivative instruments as of September 30, 2012 (in millions):



	Asset Derivatives As of September 30, 2012			Liability Derivatives As of September 30, 2012
	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	$	3.1
Derivative instruments not designated as hedging instruments:
Foreign currency contracts	Other current assets	5.2		Other current liabilities	6.2
Total derivative instruments		$	5.2		$	9.3

The table below sets forth the fair value of derivative instruments as of December 31, 2011 (in millions):



	Asset Derivatives As of December 31, 2011			Liability Derivatives As of December 31, 2011
	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	$	4.3
Derivative instruments not designated as hedging instruments:
Foreign currency contracts	Other current assets	7.3		Other current liabilities	7.9
Total derivative instruments		$	7.3		$	12.2

Changes in Stockholders' Equity and Temporary Equity (Tables)

9 Months Ended

Sep. 30, 2012

Stockholders' Equity Note [Abstract]

Schedule Of Stockholders Equity



	Common Stock		Additional Paid-in Capital			Retained Earnings		Accumulated Other Comprehensive Loss			Noncontrolling Interests			Total Stockholders’ Equity			Temporary Equity
Balance, December 31, 2011	$	1.0	$	1,073.2		$	2,321.6	$	(400.6	)	$	36.0		$	3,031.2		$	—
Stock compensation	—		28.8			—		—			—			28.8			—
Stock options and SSARs exercised	—		(0.1		)	—		—			—			(0.1		)	—
Changes in noncontrolling interest	—		—			—		—			(3.7		)	(3.7		)	—
Distribution to noncontrolling interest	—		—			—		—			(1.3		)	(1.3		)	—
Comprehensive income:
Net income (loss)	—		—			419.6		—			3.0			422.6			(7.2		)
Other comprehensive (loss) income, net of reclassification adjustments:
Foreign currency translation adjustments	—		—			—		(95.4		)	—			(95.4		)	(1.5		)
Defined benefit pension plans, net of tax	—		—			—		7.1			—			7.1			—
Unrealized gain on derivatives, net of tax	—		—			—		1.4			—			1.4			—
Purchases and retirement of common stock	—		(9.5		)	—		—			—			(9.5		)	—
Investment by redeemable noncontrolling interest	—		—			—		—			—			—			17.6
Balance, September 30, 2012	$	1.0	$	1,092.4		$	2,741.2	$	(487.5	)	$	34.0		$	3,381.1		$	8.9

Schedule of Comprehensive Income (Loss)



	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
Net (loss) income	$	(2.4	)	$	0.1		$	(4.2	)	$	1.9
Other comprehensive (loss) income:
Foreign currency translation adjustments	(0.1		)	(0.1		)	(1.5		)	—
Defined benefit pension plans, net of tax	—			—			—			—
Unrealized gain on derivatives, net of tax	—			—			—			—
Total comprehensive (loss) income	$	(2.5	)	$	—		$	(5.7	)	$	1.9

Employee Benefit Plans (Tables)

9 Months Ended

Sep. 30, 2012

Pension Benefits [Member]

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Net Pension And Postretirement Cost



	Nine Months Ended September 30,
Pension benefits	2012			2011
Service cost	$	12.9		$	11.8
Interest cost	29.3			30.2
Expected return on plan assets	(26.7		)	(27.2		)
Amortization of net actuarial loss and prior service cost	7.9			5.3
Net annual pension cost	$	23.4		$	20.1



	Three Months Ended September 30,
Pension benefits	2012			2011
Service cost	$	4.3		$	3.9
Interest cost	9.8			10.0
Expected return on plan assets	(8.9		)	(9.0		)
Amortization of net actuarial loss and prior service cost	2.6			1.8
Net annual pension cost	$	7.8		$	6.7

Postretirement Benefits [Member]

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Net Pension And Postretirement Cost



	Nine Months Ended September 30,
Postretirement benefits	2012			2011
Service cost	$	0.1		$	0.1
Interest cost	1.2			1.2
Amortization of prior service credit	(0.2		)	(0.2		)
Amortization of net actuarial loss	0.3			0.2
Net annual postretirement benefit cost	$	1.4		$	1.3



	Three Months Ended September 30,
Postretirement benefits	2012			2011
Interest cost	$	0.4		$	0.4
Amortization of prior service credit	(0.1		)	(0.1		)
Amortization of net actuarial loss	0.1			0.1
Net annual postretirement benefit cost	$	0.4		$	0.4

Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2012

Segment Reporting [Abstract]

Sales Information By Reportable Segments

Segment results for the three and nine months ended September 30, 2012 and 2011 and assets as of September 30, 2012 and December 31, 2011 based on the Company’s reportable segments are as follows (in millions):



Three Months Ended September 30,	North America		South America		Europe/Africa/ Middle East		Asia/ Pacific		Consolidated
2012
Net sales	$	632.2	$	479.9	$	1,060.5	$	122.4	$	2,295.0
Income from operations	60.0		45.0		81.7		3.8		190.5
Depreciation	11.0		5.5		20.9		2.3		39.7
Capital expenditures	20.7		10.4		49.8		3.2		84.1
2011
Net sales	$	417.7	$	515.7	$	1,092.4	$	73.3	$	2,099.1
Income from operations	15.6		35.4		89.6		6.5		147.1
Depreciation	7.2		5.0		23.3		1.1		36.6
Capital expenditures	11.0		7.6		55.4		0.8		74.8



Nine Months Ended September 30,	North America		South America		Europe/Africa/ Middle East		Asia/ Pacific		Consolidated
2012
Net sales	$	1,932.1	$	1,343.8	$	3,667.2	$	315.7	$	7,258.8
Income from operations	205.9		110.6		387.5		9.8		713.8
Depreciation	30.5		17.0		72.2		5.7		125.4
Capital expenditures	48.2		28.9		149.8		8.3		235.2
2011
Net sales	$	1,171.9	$	1,423.0	$	3,465.6	$	194.9	$	6,255.4
Income from operations	48.3		106.7		344.4		15.9		515.3
Depreciation	19.9		15.0		72.7		2.6		110.2
Capital expenditures	25.2		20.3		138.9		2.8		187.2
Assets
As of September 30, 2012	$	983.0	$	737.9	$	2,276.1	$	303.5	$	4,300.5
As of December 31, 2011	861.4		585.5		1,990.9		215.7		3,653.5

Income From Operations

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



	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
Segment income from operations	$	190.5		$	147.1		$	713.8		$	515.3
Corporate expenses	(29.8		)	(22.0		)	(75.5		)	(60.3		)
Stock compensation	(8.9		)	(6.0		)	(27.1		)	(17.0		)
Restructuring and other infrequent income	—			—			—			0.7
Amortization of intangibles	(12.2		)	(4.8		)	(36.9		)	(14.1		)
Consolidated income from operations	$	139.6		$	114.3		$	574.3		$	424.6

Reconciliation of Assets from Segment to Consolidated



	September 30, 2012		December 31, 2011
Segment assets	$	4,300.5	$	3,653.5
Cash and cash equivalents	321.9		724.4
Receivables from affiliates	108.5		122.9
Investments in affiliates	380.7		346.3
Deferred tax assets, other current and noncurrent assets	587.6		549.1
Intangible assets, net	630.0		666.5
Goodwill	1,191.9		1,194.5
Consolidated total assets	$	7,521.1	$	7,257.2

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details

Acquisitions (Narrative) (Details) € in Millions, ¥ in Millions, R$ in Millions, $ in Millions				10 Months Ended	12 Months Ended
	Jan. 06, 2012 BRL (R$)	Nov. 30, 2011 USD ($)	Mar. 03, 2011 EUR (€)	Dec. 31, 2011	Dec. 31, 2011 USD ($)	Jan. 06, 2012 USD ($)	Nov. 30, 2011 CNY (¥)	Nov. 30, 2011 USD ($)	Mar. 03, 2011 USD ($)
Santal [Member]
Business Acquisition [Line Items]
Company acquired, percent	61.00%					61.00%
Company acquired, purchase price	R$ 36.7					$ 20.1
Cash acquired, net \| R$	R$ 11.9
Goodwill acquired						28.0
Intangible assets acquired						$ 2.6
Company acquired, percentage ownership not acquired	39.00%					39.00%
GSI Holdings Corp. [Member]
Business Acquisition [Line Items]
Company acquired, purchase price								$ 932.2
Cash acquired, net		$ 27.9
Proceeds from issuance of Senior Notes used for acquisition					$ 300.0
Dafeng [Member]
Business Acquisition [Line Items]
Company acquired, percent							98.00%	98.00%
Company acquired, purchase price							¥ 171.7	$ 26.9
Cash acquired, net		$ 17.1
Current indebtedness assumed								$ 41.1
Laverda [Member]
Business Acquisition [Line Items]
Company acquired, percent			50.00%						50.00%
Company acquired, purchase price			€ 63.8						$ 88.3
Cash acquired, net \| €			€ 1.2
Ownership percentage after business acquisition				100.00%

Acquisitions (Summarized Data Of the Result Of Operations) (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2011	Sep. 30, 2011
Business Combinations [Abstract]
Net sales	$ 2,305.9	$ 6,874.7
Net income attributable to AGCO Corporation and subsidiaries	$ 102.7	$ 348.8
Net income per common share attributable to AGCO Corporation and subsidiaries:
Basic, in dollars per share	$ 1.07	$ 3.67
Diluted, in dollars per share	$ 1.06	$ 3.56

- Definition

The pro forma basic net income per share for a period as if the business combination or combinations had been completed at the beginning of a period.

+ References + Details

- Definition

The pro forma diluted net income per share for a period as if the business combination or combinations had been completed at the beginning of a period.

+ References + Details

Stock Compensation Plans (Narrative) (Details) $ / shares in Units, $ in Millions		3 Months Ended		9 Months Ended
	Apr. 26, 2012 shares	Sep. 30, 2012 USD ($) yr $ / shares shares	Sep. 30, 2011 USD ($)	Sep. 30, 2012 USD ($) yr $ / shares shares	Sep. 30, 2011 USD ($) $ / shares	Dec. 31, 2011 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of share approved for issuance \| shares		10,000,000		10,000,000
Stock compensation expense \| $		$ 9.6	$ 6.4	$ 29.0	$ 18.1
Shares available for grant \| shares		4,100,000		4,100,000
Options exercised \| shares				2,000
Option exercise prices per share, exercised \| $ / shares		$ 20.85		$ 20.85
The total intrinsic value of options exercised \| $				$ 0.1
Cash received from stock option exercises \| $				$ 0.1
Performance Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant-date fair value of performance awards granted \| $ / shares				$ 52.14	$ 53.04
Number of awards granted \| shares				1,202,944
Share-based compensation cost not yet recognized \| $		$ 51.1		$ 51.1
Share-based compensation, recognition period of unrecognized compensation cost \| yr				2
Number of shares not vested \| shares		3,284,586		3,284,586		2,207,981
Long-Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of awards granted \| shares				1,058,896
Share-based compensation performance period				3 years
Margin Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of awards granted \| shares				144,048
Margin Incentive Plan [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation performance period				3 years
Margin Incentive Plan [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation performance period				5 years
Settled Stock Appreciation Rights (SSARs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant-date fair value of performance awards granted \| $ / shares				$ 22.50	$ 22.54
Number of awards granted \| shares				305,900
Share-based compensation cost not yet recognized \| $		$ 8.7		$ 8.7
Share-based compensation, recognition period of unrecognized compensation cost \| yr				3
Stock compensation expense \| $		$ 1.0	$ 0.6	$ 2.8	$ 1.9
Weighted average remaining contractual life of SSARs outstanding, in years \| yr				4
Total fair value of SSARs vested \| $				$ 2.5
Number of shares not vested \| shares		576,300		576,300
Total intrinsic value of outstanding SSARs \| $		$ 9.7		$ 9.7
Total intrinsic value of exercisable SSARs \| $				6.6
Total intrinsic value of SSARs exercised \| $				0.9
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of awards granted \| shares	19,251
Stock compensation expense \| $				$ 0.9
Weighted-average period for compensation cost expected to be recognized, in years \| yr		3		3
Restricted common stocks issued \| shares	13,986

Stock Compensation Plans (Schedule of Employee Service Share-based Compensation, Allocation of Recognized Costs) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Allocated Share-based Compensation Expense	$ 9.6	$ 6.4	$ 29.0	$ 18.1
Cost of Goods Sold [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Allocated Share-based Compensation Expense	0.7	0.4	1.9	1.1
Selling, General and Administrative Expenses [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Allocated Share-based Compensation Expense	$ 8.9	$ 6.0	$ 27.1	$ 17.0

- Definition

Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.

+ References + Details

Stock Compensation Plans (Performance Award Transactions) (Details) - Performance Awards [Member]	9 Months Ended
	Sep. 30, 2012 shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward]
Shares awarded but not earned	2,207,981
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	1,202,944
Shares forfeited or unearned	(126,339)
Shares earned	0
Shares awarded but not earned	3,284,586

Stock Compensation Plans (Weighted Average Grant-Date Fair Value Of SSARS And Assumptions Under Black-Scholes Option Model) (Details) - Settled Stock Appreciation Rights (SSARs) [Member]	9 Months Ended
	Sep. 30, 2012 yr $ / shares	Sep. 30, 2011 yr $ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant-date fair value \| $ / shares	$ 22.50	$ 22.54
Weighted average assumptions under Black-Scholes option model:
Expected life of awards \| yr	5.5	5.5
Risk-free interest rate	0.80%	2.00%
Expected volatility	51.00%	49.50%
Expected dividend yield	0.00%	0.00%

Stock Compensation Plans (SSAR Activity) (Details)	9 Months Ended
Stock Compensation Plans (SSAR Activity) (Details)	Sep. 30, 2012 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding [Roll Forward]
SSARs outstanding, end of period, shares \| shares	1,081,087
Settled Stock Appreciation Rights (SSARs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding [Roll Forward]
SSARs outstanding, beginning of period, shares \| shares	832,060
SSARs granted, shares \| shares	305,900
SSARs exercised, shares \| shares	(36,548)
SSARs canceled or forfeited, shares \| shares	(20,325)
SSARs outstanding, end of period, shares \| shares	1,081,087
Weighted average SSAR exercise prices per share:
Granted	$ 52.89
Exercised	26.43
Canceled or forfeited	48.84
Outstanding	41.46
Minimum [Member] \| Settled Stock Appreciation Rights (SSARs) [Member]
SSAR price ranges per share:
Granted	51.37
Exercised	21.45
Canceled or forfeited	43.39
Maximum [Member] \| Settled Stock Appreciation Rights (SSARs) [Member]
SSAR price ranges per share:
Granted	52.94
Exercised	37.38
Canceled or forfeited	$ 52.94

Stock Compensation Plans (Schedule Of SSAR Exercise Price Range, Number Of Shares, Weighted Average Exercise Price And Remaining Contractual Lives) (Details)	9 Months Ended
	Sep. 30, 2012 yr $ / shares shares
SSARs Outstanding
Number of Shares \| shares	1,081,087
SSARs Exercisable
Exercisable as of Period End \| shares	504,787
Weighted Average Exercise Price, in dollars per share	$ 36.57
$21.45 - $32.01 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Range of Exercise Prices, lower limit	21.45
Range of Exercise Prices, upper limit	$ 32.01
SSARs Outstanding
Number of Shares \| shares	247,250
Weighted Average Remaining Contractual Life \| yr	3.2
Weighted Average Exercise Price, in dollars per share	$ 22.14
SSARs Exercisable
Exercisable as of Period End \| shares	173,500
Weighted Average Exercise Price, in dollars per share	$ 22.12
$33.65 - $44.55 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Range of Exercise Prices, lower limit	33.65
Range of Exercise Prices, upper limit	$ 44.55
SSARs Outstanding
Number of Shares \| shares	286,150
Weighted Average Remaining Contractual Life \| yr	3.1
Weighted Average Exercise Price, in dollars per share	$ 35.30
SSARs Exercisable
Exercisable as of Period End \| shares	192,500
Weighted Average Exercise Price, in dollars per share	$ 35.92
$47.89 - $56.98 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Range of Exercise Prices, lower limit	47.89
Range of Exercise Prices, upper limit	$ 56.98
SSARs Outstanding
Number of Shares \| shares	547,687
Weighted Average Remaining Contractual Life \| yr	5.3
Weighted Average Exercise Price, in dollars per share	$ 53.40
SSARs Exercisable
Exercisable as of Period End \| shares	138,787
Weighted Average Exercise Price, in dollars per share	$ 55.54

Goodwill and Other Intangible Assets (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2012 USD ($)	Sep. 30, 2011 USD ($)	Sep. 30, 2012 USD ($) yr	Sep. 30, 2011 USD ($)
Gross carrying amounts:
Balance at beginning of period			$ 723.8
Acquisitions	$ 2.6		2.6
Foreign currency translation			(6.7)
Balance at end of period	719.7		719.7
Accumulated amortization:
Balance at beginning of period			148.7
Amortization expense	12.2	$ 4.8	36.9	$ 14.1
Foreign currency translation			(4.8)
Balance at end of period	180.8		$ 180.8
Estimated useful life, minimum \| yr			5
Estimated useful life, maximum \| yr			45
Goodwill reduction related to realization of tax benefits			$ 6.4
Trademarks and Tradenames [Member]
Gross carrying amounts:
Balance at beginning of period			118.1
Acquisitions	1.5		1.5
Foreign currency translation			(0.7)
Balance at end of period	118.9		118.9
Accumulated amortization:
Balance at beginning of period			13.1
Amortization expense			5.0
Foreign currency translation			0.0
Balance at end of period	18.1		18.1
Customer Relationships [Member]
Gross carrying amounts:
Balance at beginning of period			511.4
Acquisitions	0.0		0.0
Foreign currency translation			(5.3)
Balance at end of period	506.1		506.1
Accumulated amortization:
Balance at beginning of period			85.3
Amortization expense			29.5
Foreign currency translation			(4.3)
Balance at end of period	110.5		110.5
Patents and Technology [Member]
Gross carrying amounts:
Balance at beginning of period			85.7
Acquisitions	1.1		1.1
Foreign currency translation			(0.7)
Balance at end of period	86.1		86.1
Accumulated amortization:
Balance at beginning of period			50.3
Amortization expense			2.3
Foreign currency translation			(0.5)
Balance at end of period	52.1		52.1
Land Use Rights [Member]
Gross carrying amounts:
Balance at beginning of period			8.6
Acquisitions	0.0		0.0
Foreign currency translation			0.0
Balance at end of period	8.6		8.6
Accumulated amortization:
Balance at beginning of period			0.0
Amortization expense			0.1
Foreign currency translation			0.0
Balance at end of period	$ 0.1		$ 0.1

Goodwill and Other Intangible Assets (Indefinite-Lived Intangible Assets) (Details) - Trademarks and Tradenames [Member] $ in Millions	9 Months Ended
	Sep. 30, 2012 USD ($)
Indefinite-lived intangible assets:
Balance at beginning of period	$ 91.4
Foreign currency translation	(0.3)
Balance at end of period	$ 91.1

Goodwill and Other Intangible Assets (Schedule of Goodwill) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2012 USD ($)
Goodwill
Goodwill at beginning of period	$ 1,194.5
Acquisitions	24.7
Adjustments related to income taxes	(6.4)
Foreign currency translation	(20.9)
Goodwill at end of period	1,191.9
North America [Member]
Goodwill
Goodwill at beginning of period	415.9
Acquisitions	0.0
Adjustments related to income taxes	0.0
Foreign currency translation	0.0
Goodwill at end of period	415.9
South America [Member]
Goodwill
Goodwill at beginning of period	212.2
Acquisitions	28.4
Adjustments related to income taxes	0.0
Foreign currency translation	(19.9)
Goodwill at end of period	220.7
Europe/Africa/Middle East [Member]
Goodwill
Goodwill at beginning of period	496.8
Acquisitions	0.0
Adjustments related to income taxes	(6.4)
Foreign currency translation	(2.1)
Goodwill at end of period	488.3
Asia/Pacific [Member]
Goodwill
Goodwill at beginning of period	69.6
Acquisitions	(3.7)
Adjustments related to income taxes	0.0
Foreign currency translation	1.1
Goodwill at end of period	$ 67.0

- Definition

Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 68
-Subparagraph l
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13770-109266

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6905597&loc=d3e13816-109267

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 72
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 1
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Indebtedness (Narrative) (Details) $ / shares in Units, € in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2012 USD ($)	Sep. 30, 2011 USD ($)	Sep. 30, 2012 USD ($) shares d	Sep. 30, 2011 USD ($)	Sep. 30, 2012 EUR (€)	Sep. 30, 2012 USD ($) $ / shares	Dec. 31, 2011 USD ($)
Debt Instrument [Line Items]
Credit facility						$ 600,000,000	$ 665,000,000
Remaining borrowing capacity on line of credit facility						385,000,000	335,000,000
Outstanding letters of credit						$ 16,900,000	15,600,000
Interest Accrual, Option Two [Member]
Debt Instrument [Line Items]
Margin on variable rate					0.50%	0.50%
Interest Accrual, Option Three [Member]
Debt Instrument [Line Items]
Margin on variable rate					1.00%	1.00%
Minimum [Member]
Debt Instrument [Line Items]
Margin on variable rate					1.00%	1.00%
Minimum [Member] \| Interest Accrual, Option Three [Member] \| Variable Basis, Additional Margin [Member]
Debt Instrument [Line Items]
Margin on variable rate					0.00%	0.00%
Maximum [Member]
Debt Instrument [Line Items]
Margin on variable rate					2.00%	2.00%
Maximum [Member] \| Interest Accrual, Option Three [Member] \| Variable Basis, Additional Margin [Member]
Debt Instrument [Line Items]
Margin on variable rate					0.50%	0.50%
Conversion Event, One [Member]
Debt Instrument [Line Items]
Days within trading period required to trigger qualifying event \| d			20
Trading period in which qualifying event must occur			30 days
1 1/4% Convertible Senior Subordinated Notes Due December 15, 2036 [Member]
Debt Instrument [Line Items]
Debt instrument, face amount						$ 201,300,000	201,300,000
Interest expense on the liability component of convertible debt	$ 2,800,000	$ 2,700,000	$ 8,400,000	$ 8,100,000
Effective interest rate			6.10%	6.10%
Debt instrument, discount amortization period			December 2013
Debt maturity date			Dec. 15, 2036
Convertible senior subordinated notes conversion price \| $ / shares						$ 40.73
Convertible senior subordinated notes, conversion rate \| shares			24.5525
Convertible senior subordinated notes, principal amount						$ 1,000
Convertible senior subordinated notes, triggering event, percent of closing sales price to conversion price			120.00%
Long-term debt, estimated fair value						249,600,000	252,400,000
Long-term debt, carrying value						189,900,000	183,400,000
4 1/2% Senior Unsecured Term Loan Due May 2, 2016 [Member]
Debt Instrument [Line Items]
Debt instrument, face amount					€ 200.0	257,100,000
Long-term debt, carrying value						257,100,000	259,400,000
5 7/8% Senior Notes due 2021 [Member]
Debt Instrument [Line Items]
Debt instrument, face amount						300,000,000
Long-term debt, estimated fair value						324,600,000	298,900,000
Long-term debt, carrying value						300,000,000	$ 300,000,000
Multi-currency Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity on line of credit facility						600,000,000
Term Loan Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity on line of credit facility						$ 385,000,000
Periodic payment required on term loan			$ 5,000,000
Term Loan Facility [Member] \| Future Periodic Payment [Member]
Debt Instrument [Line Items]
Periodic payment required on term loan			$ 10,000,000

Indebtedness (Components Of Indebtedness) (Details) - USD ($) $ in Millions	Sep. 30, 2012	Dec. 31, 2011
Debt Instrument [Line Items]
Credit facility	$ 600.0	$ 665.0
Other long-term debt	59.7	62.0
Total indebtedness	1,406.7	1,469.8
Less: Current portion of long-term debt	(52.8)	(60.1)
Total indebtedness, less current portion	$ 1,353.9	$ 1,409.7
1 1/4% Convertible Senior Subordinated Notes Due 2036 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate	1.25%	1.25%
Long-term debt	$ 189.9	$ 183.4
4 1/2% Senior Unsecured Term Loan Due May 2, 2016 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate	4.50%	4.50%
Long-term debt	$ 257.1	$ 259.4
5 7/8% Senior Notes due 2021 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate	5.875%	5.875%
Long-term debt	$ 300.0	$ 300.0

Indebtedness (Carrying Amount Of The Convertible Senior Subordinated Notes) (Details) - 1 1/4% Convertible Senior Subordinated Notes Due 2036 [Member] - USD ($) $ in Millions	Sep. 30, 2012	Dec. 31, 2011
Debt Instrument [Line Items]
Carrying amount of the equity component	$ 54.3	$ 54.3
Principal amount of the liability component	201.3	201.3
Less: unamortized discount	(11.4)	(17.9)
Net carrying amount	$ 189.9	$ 183.4

Inventories (Details) - USD ($) $ in Millions	Sep. 30, 2012	Dec. 31, 2011
Inventory Disclosure [Abstract]
Finished goods	$ 799.9	$ 500.0
Repair and replacement parts	545.1	450.7
Work in process	176.7	127.6
Raw materials	492.2	481.3
Inventories, net	$ 2,013.9	$ 1,559.6

Product Warranty (Details) $ in Millions	3 Months Ended		9 Months Ended
Product Warranty (Details) $ in Millions	Sep. 30, 2012 USD ($)	Sep. 30, 2011 USD ($)	Sep. 30, 2012 USD ($) yr	Sep. 30, 2011 USD ($)	Dec. 31, 2011 USD ($)
Warranty reserve activity:
Balance at beginning of period	$ 255.2	$ 237.5	$ 240.5	$ 199.5
Acquisitions	0.0	0.0	0.1	2.6
Accruals for warranties issued during the period	41.7	43.2	133.0	136.8
Settlements made (in cash or in kind) during the period	(43.4)	(40.5)	(117.4)	(109.9)
Foreign currency translation	2.4	(14.9)	(0.3)	(3.7)
Balance at end of period	255.9	$ 225.3	$ 255.9	$ 225.3
Product warranty period, minimum \| yr			1
Product warranty period, maximum \| yr			4
Product warranty accrual, current	224.1		$ 224.1		$ 212.7
Product warranty accrual, noncurrent	$ 31.8		$ 31.8		$ 27.8

Net Income Per Common Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Basic net income per share:
Net income attributable to AGCO Corporation and subsidiaries	$ 94.5	$ 84.4	$ 419.6	$ 298.1
Weighted average number of common shares outstanding	97.0	96.4	97.1	95.1
Basic net income per share attributable to AGCO Corporation and subsidiaries	$ 0.97	$ 0.88	$ 4.32	$ 3.13
Diluted net income per share:
Dilutive SSARs, performance share awards and restricted stock awards	1.0	0.2	1.0	0.3
Weighted average assumed conversion of contingently convertible senior subordinated notes	0.4	0.3	0.5	2.5
Weighted average number of common shares and common share equivalents outstanding for purposes of computing diluted income per share	98.4	96.9	98.6	97.9
Diluted net income per share attributable to AGCO Corporation and subsidiaries	$ 0.96	$ 0.87	$ 4.25	$ 3.04
Stock-Settled Stock Appreciation Rights [Member]
Diluted net income per share:
Antidilutive shares excluded from calculation of weighted average common and common equivalent shares outstanding	0.6	0.3	0.6	0.3

Income Taxes (Details) - USD ($) $ in Millions	Sep. 30, 2012	Dec. 31, 2011
Income Tax Disclosure [Abstract]
Unrecognized income tax benefits that would affect effective tax rate	$ 94.9	$ 71.1
Accrued or deferred taxes relating to uncertain income tax positions	27.5	23.0
Accrued interest and penalties relating to unrecognized tax benefits	$ 10.3	$ 7.6

Derivative Instruments and Hedging Activities (Narrative) (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2012 USD ($)	Sep. 30, 2011 USD ($)	Sep. 30, 2012 USD ($) countries	Sep. 30, 2011 USD ($)	Dec. 31, 2011 USD ($)
Derivative Instruments, Gain (Loss) [Line Items]
Number of countries where products sold \| countries			140
Notional amount of foreign currency contracts outstanding	$ 110.9		$ 110.9		$ 275.9
Notional amount of foreign currency contracts outstanding classified as non-designated derivative instruments	1,275.6		1,275.6		$ 956.8
Foreign Currency Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivative instruments not designated as hedging	$ 6.3	$ 15.7	7.2	$ 13.8
Foreign Currency Contracts [Member] \| Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recorded in other comprehensive income (loss) reclassified to cost of goods sold			$ (5.4)	$ 4.9

Derivative Instruments and Hedging Activities (Summary Of Accumulated Other Comprehensive Loss Related To Derivatives) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2012 USD ($)
Before-Tax Amount
Accumulated derivative net losses, Beginning Balance	$ (5.4)
Net changes in fair value of derivatives	(3.4)
Net loss reclassified from accumulated other comprehensive loss into income	5.6
Accumulated derivative net losses, Ending Balance	(3.2)
Income Tax
Accumulated derivative net losses, Beginning Balance	(1.1)
Net changes in fair value of derivatives	0.6
Net loss reclassified from accumulated other comprehensive loss into income	0.2
Accumulated derivative net losses, Ending Balance	(0.3)
After-Tax Amount
Accumulated derivative net losses, Beginning Balance	(4.3)
Net changes in fair value of derivatives	(4.0)
Net loss reclassified from accumulated other comprehensive loss into income	5.4
Accumulated derivative net losses, Ending Balance	$ (2.9)

Derivative Instruments and Hedging Activities (Fair Value Of Derivative Instruments) (Details) - USD ($) $ in Millions	Sep. 30, 2012	Dec. 31, 2011
Derivative [Line Items]
Derivative Asset, Fair Value	$ 5.2	$ 7.3
Derivative Liability, Fair Value	9.3	12.2
Foreign Currency Contracts [Member] \| Designated as Hedging Instrument [Member] \| Other Current Assets [Member]
Derivative [Line Items]
Derivative Asset, Fair Value	0.0	0.0
Foreign Currency Contracts [Member] \| Designated as Hedging Instrument [Member] \| Other Current Liabilities [Member]
Derivative [Line Items]
Derivative Liability, Fair Value	3.1	4.3
Foreign Currency Contracts [Member] \| Not Designated as Hedging Instrument [Member] \| Other Current Assets [Member]
Derivative [Line Items]
Derivative Asset, Fair Value	5.2	7.3
Foreign Currency Contracts [Member] \| Not Designated as Hedging Instrument [Member] \| Other Current Liabilities [Member]
Derivative [Line Items]
Derivative Liability, Fair Value	$ 6.2	$ 7.9

Changes in Stockholders' Equity and Temporary Equity (Schedule of Stockholders' Equity) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Schedule of Stockholders' Equity [Line Items]
Balance at beginning of period			$ 2,995.2
Balance at beginning of period			36.0
Balance at beginning of period			3,031.2
Stock compensation			28.8
Stock options and SSARs exercised			(0.1)
Changes in noncontrolling interest			(3.7)
Distribution to noncontrolling interest			(1.3)
Comprehensive (loss) income:
Net income (loss)	$ 94.5	$ 84.4	419.6	$ 298.1
Net income (loss)	(2.4)	0.1	(4.2)	1.9
Net income (loss)			422.6
Other comprehensive income (loss), net of reclassification adjustments:
Foreign currency translation adjustments	(0.1)	(0.1)	(1.5)	0.0
Foreign currency translation adjustments			(95.4)
Defined benefit pension plans, net of tax	2.1	1.5	7.1	4.6
Unrealized loss on derivatives, net of tax	2.5	$ (9.0)	1.4	$ (3.7)
Repurchase and retirement of shares	(9.5)		(9.5)
Balance at end of period	3,347.1		3,347.1
Balance at end of period	34.0		34.0
Balance at end of period	3,381.1		3,381.1
Temporary Equity [Member]
Schedule of Stockholders' Equity [Line Items]
Balance at beginning of period			0.0
Comprehensive (loss) income:
Net income (loss)			(7.2)
Other comprehensive income (loss), net of reclassification adjustments:
Foreign currency translation adjustments			(1.5)
Investment by redeemable noncontrolling interest			17.6
Balance at end of period	8.9		8.9
Common Stock [Member]
Schedule of Stockholders' Equity [Line Items]
Balance at beginning of period			1.0
Other comprehensive income (loss), net of reclassification adjustments:
Balance at end of period	1.0		1.0
Additional Paid-in Capital [Member]
Schedule of Stockholders' Equity [Line Items]
Balance at beginning of period			1,073.2
Stock compensation			28.8
Stock options and SSARs exercised			(0.1)
Other comprehensive income (loss), net of reclassification adjustments:
Repurchase and retirement of shares			(9.5)
Balance at end of period	1,092.4		1,092.4
Retained Earnings [Member]
Schedule of Stockholders' Equity [Line Items]
Balance at beginning of period			2,321.6
Comprehensive (loss) income:
Net income (loss)			419.6
Other comprehensive income (loss), net of reclassification adjustments:
Balance at end of period	2,741.2		2,741.2
Accumulated Other Comprehensive Loss [Member]
Schedule of Stockholders' Equity [Line Items]
Balance at beginning of period			(400.6)
Other comprehensive income (loss), net of reclassification adjustments:
Foreign currency translation adjustments			(95.4)
Defined benefit pension plans, net of tax			7.1
Unrealized loss on derivatives, net of tax			1.4
Balance at end of period	(487.5)		(487.5)
Noncontrolling Interest [Member]
Schedule of Stockholders' Equity [Line Items]
Balance at beginning of period			36.0
Changes in noncontrolling interest			(3.7)
Distribution to noncontrolling interest			(1.3)
Comprehensive (loss) income:
Net income (loss)			3.0
Other comprehensive income (loss), net of reclassification adjustments:
Foreign currency translation adjustments			0.0
Balance at end of period	$ 34.0		$ 34.0

Changes in Stockholders' Equity and Temporary Equity (Schedule of Comprehensive Income for Noncontrolling Interest) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest [Abstract]
Net income	$ (2.4)	$ 0.1	$ (4.2)	$ 1.9
Other comprehensive income, net of tax:
Foreign currency translation adjustments	(0.1)	(0.1)	(1.5)	0.0
Defined benefit pension plans	0.0	0.0	0.0	0.0
Unrealized gain on derivatives	0.0	0.0	0.0	0.0
Total comprehensive income	$ (2.5)	$ 0.0	$ (5.7)	$ 1.9

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to noncontrolling interests, if any. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References + Details

- Definition

The portion of net Income or Loss attributable to the noncontrolling interest (if any) deducted in order to derive the portion attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A1, A4, A5
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4K
-URI http://asc.fasb.org/extlink&oid=6922042&loc=SL4591552-111686

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=6921930&loc=SL4573702-111684

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4J
-URI http://asc.fasb.org/extlink&oid=6922042&loc=SL4591551-111686

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(1)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

The increase (decrease) to accumulated comprehensive income during the period related to benefit plans, after tax, attributable to noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 30
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 20
-URI http://asc.fasb.org/extlink&oid=6921628&loc=SL4569643-111683

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=6921628&loc=SL4569616-111683

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (c)(3)
-URI http://asc.fasb.org/extlink&oid=6921930&loc=SL4573702-111684

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Net of tax effect change in accumulated gains (losses) from derivative instruments designated and qualifying as the effective portion of cash flow hedges, attributable to noncontrolling interest. The change includes an entity's share of an equity investee's increase (decrease) in deferred hedging gains or losses.

+ References

+ Details

- Definition

Adjustment that results from the process of translating subsidiary financial statements and foreign equity investments into functional currency of the reporting entity, net of tax, attributable to noncontrolling interest.

+ References

+ Details

Changes in Stockholders' Equity and Temporary Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended	3 Months Ended	9 Months Ended
	Jul. 31, 2012	Sep. 30, 2012	Sep. 30, 2012
Stockholders' Equity Note [Abstract]
Stock repurchase program, authorized amount	$ 50.0
Stock repurchased and retired during period, shares		224,007
Stock repurchased and retired during period		$ 9.5	$ 9.5
Stock repurchased and retired during period, average cost, in dollars per share		$ 42.44

Accounts Receivable Sales Agreements (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011	Dec. 31, 2011
Accounts, Notes, Loans and Financing Receivable [Line Items]
Net cash received from receivables sold			$ 929.5		$ 827.5
Loss on sales of receivables	$ 5.8	$ 6.9	16.4	$ 15.6
Outstanding accounts receivable associated with retail finance joint ventures in Brazil and Australia	$ 86.3		$ 86.3		$ 62.0
Corporate Joint Venture [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Joint venture ownership percentage	49.00%		49.00%		49.00%

Employee Benefit Plans (Narrative) (Details) $ in Millions	9 Months Ended
Employee Benefit Plans (Narrative) (Details) $ in Millions	Sep. 30, 2012 USD ($)
Defined Benefit Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Employer Contributions	$ 29.8
Expected minimum contribution in 2012	38.3
U.S Based Postretirement Health Care and Life Insurance Benefit Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Employer Contributions	1.5
Expected minimum contribution in 2012	$ 1.9

Employee Benefit Plans (Net Pension And Postretirement Cost) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 4.3	$ 3.9	$ 12.9	$ 11.8
Interest cost	9.8	10.0	29.3	30.2
Expected return on plan assets	(8.9)	(9.0)	(26.7)	(27.2)
Amortization of net actuarial loss and prior service cost	2.6	1.8	7.9	5.3
Net pension and postretirement cost	7.8	6.7	23.4	20.1
Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost			0.1	0.1
Interest cost	0.4	0.4	1.2	1.2
Amortization of prior service credit	(0.1)	(0.1)	(0.2)	(0.2)
Amortization of unrecognized net loss	0.1	0.1	0.3	0.2
Net pension and postretirement cost	$ 0.4	$ 0.4	$ 1.4	$ 1.3

Segment Reporting (Sales Information By Reportable Segments) (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2012 USD ($) segments	Sep. 30, 2011 USD ($)	Sep. 30, 2012 USD ($) segments	Sep. 30, 2011 USD ($)	Dec. 31, 2011 USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments \| segments	4		4
Net sales	$ 2,295.0	$ 2,099.1	$ 7,258.8	$ 6,255.4
Income from operations	139.6	114.3	574.3	424.6
Depreciation			125.4	110.2
Assets	7,521.1		7,521.1		$ 7,257.2
Operating Segments [Member]
Segment Reporting Information [Line Items]
Net sales	2,295.0	2,099.1	7,258.8	6,255.4
Income from operations	190.5	147.1	713.8	515.3
Depreciation	39.7	36.6	125.4	110.2
Capital expenditures	84.1	74.8	235.2	187.2
Assets	4,300.5		4,300.5		3,653.5
North America [Member]
Segment Reporting Information [Line Items]
Net sales	632.2	417.7	1,932.1	1,171.9
Income from operations	60.0	15.6	205.9	48.3
Depreciation	11.0	7.2	30.5	19.9
Capital expenditures	20.7	11.0	48.2	25.2
Assets	983.0		983.0		861.4
South America [Member]
Segment Reporting Information [Line Items]
Net sales	479.9	515.7	1,343.8	1,423.0
Income from operations	45.0	35.4	110.6	106.7
Depreciation	5.5	5.0	17.0	15.0
Capital expenditures	10.4	7.6	28.9	20.3
Assets	737.9		737.9		585.5
Europe/ Africa/ Middle East [Member]
Segment Reporting Information [Line Items]
Net sales	1,060.5	1,092.4	3,667.2	3,465.6
Income from operations	81.7	89.6	387.5	344.4
Depreciation	20.9	23.3	72.2	72.7
Capital expenditures	49.8	55.4	149.8	138.9
Assets	2,276.1		2,276.1		1,990.9
Asia/Pacific [Member]
Segment Reporting Information [Line Items]
Net sales	122.4	73.3	315.7	194.9
Income from operations	3.8	6.5	9.8	15.9
Depreciation	2.3	1.1	5.7	2.6
Capital expenditures	3.2	$ 0.8	8.3	$ 2.8
Assets	$ 303.5		$ 303.5		$ 215.7

Segment Reporting (Income From Operations And Total Assets) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011	Dec. 31, 2011	Dec. 31, 2010
Income from Operations
Corporate expenses	$ (29.8)	$ (22.0)	$ (75.5)	$ (60.3)
Stock compensation	(9.6)	(6.4)	(29.0)	(18.1)
Restructuring and other infrequent income	0.0	0.0	0.0	0.7
Amortization of intangibles	(12.2)	(4.8)	(36.9)	(14.1)
OperatingIncomeLoss	139.6	114.3	574.3	424.6
Total Assets
Segment assets	4,300.5		4,300.5		$ 3,653.5
Cash and cash equivalents	321.9	455.2	321.9	455.2	724.4	$ 719.9
Receivables from affiliates	108.5		108.5		122.9
Investments in affiliates	380.7		380.7		346.3
Deferred tax assets, other current and noncurrent assets	587.6		587.6		549.1
Intangible assets, net	630.0		630.0		666.5
Goodwill	1,191.9		1,191.9		1,194.5
Total assets	7,521.1		7,521.1		7,257.2
Operating Segments [Member]
Income from Operations
OperatingIncomeLoss	190.5	147.1	713.8	515.3
Total Assets
Total assets	4,300.5		4,300.5		$ 3,653.5
Selling, General and Administrative Expenses [Member]
Income from Operations
Stock compensation	$ (8.9)	$ (6.0)	$ (27.1)	$ (17.0)

Commitments and Contingencies (Details) R$ in Millions, $ in Millions	Jun. 27, 2008 party	Sep. 30, 2012 BRL (R$)	Sep. 30, 2012 USD ($)	Dec. 31, 2011 USD ($)
Guarantees [Abstract]
Maximum repossessed inventory purchase obligation with retail joint ventures			$ 6.0
Guaranteed indebtedness owed to third parties			147.1
Loss Contingency [Abstract]
Reserve against outstanding Braziliant VAT receivable			60.2	$ 54.6
Tax disallowance not including interest and penalties		R$ 90.6	$ 44.6
Subsidiaries [Member]
Loss Contingency [Abstract]
Number of defendants \| party	3
Third Parties [Member]
Loss Contingency [Abstract]
Number of defendants \| party	91
Corporate Joint Venture [Member]
Guarantees [Abstract]
Joint venture ownership percentage		49.00%	49.00%	49.00%