Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2026

The following tables set forth changes in redeemable noncontrolling interests and stockholders’ equity attributed to AGCO Corporation for the three and nine months ended September 30, 2026 and 2025 (in millions):


	Redeemable Noncontrolling Interests		Common Stock		Additional Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Loss		Total Stockholders’ Equity
Balance, June 30, 2026	$	292.4	$	0.7	$	10.9	$	5,800.9	$	(1,731.9)	$	4,080.6
Stock compensation and employee stock purchase plans	—		—		6.6		—		—		6.6




Comprehensive income:											—
Net income (loss)	(1.7)		—		—		51.7		—		51.7
Other comprehensive income (loss):											—
Foreign currency translation adjustments	(0.3)		—		—		—		1.6		1.6
Defined pension and postretirement benefit plans, net of tax	—		—		—		—		2.1		2.1
Deferred gains and losses on derivatives, net of tax	—		—		—		—		1.1		1.1
Payment of dividends to stockholders	—		—		—		(20.7)		—		(20.7)
Purchases and retirement of common stock	—		—		(16.2)		(41.6)		—		(57.8)


Balance, September 30, 2026	$	290.4	$	0.7	$	1.3	$	5,790.3	$	(1,727.1)	$	4,065.2


	Redeemable Noncontrolling Interests		Common Stock		Additional Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Loss		Total Stockholders’ Equity
Balance, December 31, 2025	$	299.2	$	0.7	$	0.5	$	6,047.2	$	(1,774.9)	$	4,273.5
Stock compensation and employee stock purchase plans	—		—		28.4		—		—		28.4



Comprehensive income:
Net income (loss)	(6.7)		—		—		183.9		—		183.9
Other comprehensive income (loss):
Foreign currency translation adjustments	(2.1)		—		—		—		43.4		43.4
Defined pension and postretirement benefit plans, net of tax	—		—		—		—		5.9		5.9
Deferred gains and losses on derivatives, net of tax	—		—		—		—		(1.5)		(1.5)
Payment of dividends to stockholders	—		—		—		(62.7)		—		(62.7)
Purchases and retirement of common stock	—		—		(27.6)		(378.1)		—		(405.7)






Balance, September 30, 2026	$	290.4	$	0.7	$	1.3	$	5,790.3	$	(1,727.1)	$	4,065.2


	Redeemable Noncontrolling Interests		Common Stock		Additional Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Loss		Total Stockholders’ Equity
Balance, June 30, 2025	$	304.3	$	0.7	$	10.0	$	5,922.6	$	(1,764.8)	$	4,168.5
Stock compensation and employee stock purchase plans	—		—		6.0		—		—		6.0



Comprehensive income:
Net income (loss)	(3.0)		—		—		305.7		—		305.7
Other comprehensive income (loss):
Foreign currency translation adjustments	—		—		—		—		34.0		34.0
Defined pension and postretirement benefit plans, net of tax	—		—		—		—		2.1		2.1
Deferred gains and losses on derivatives, net of tax	—		—		—		—		(3.9)		(3.9)
Payment of dividends to stockholders	—		—		—		(21.6)		—		(21.6)




Balance, September 30, 2025	$	301.3	$	0.7	$	16.0	$	6,206.7	$	(1,732.6)	$	4,490.8


	Redeemable Noncontrolling Interests		Common Stock		Additional Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Loss		Total Stockholders’ Equity
Balance, December 31, 2024	$	300.1	$	0.7	$	—	$	5,645.0	$	(1,902.9)	$	3,742.8
Stock compensation and employee stock purchase plans	—		—		16.0		(4.4)		—		11.6



Comprehensive income:
Net income (loss)	(5.2)		—		—		631.0		—		631.0
Other comprehensive income (loss):
Foreign currency translation adjustments	6.4		—		—		—		168.0		168.0
Defined pension and postretirement benefit plans, net of tax	—		—		—		—		6.0		6.0
Deferred gains and losses on derivatives, net of tax	—		—		—		—		(3.7)		(3.7)
Payment of dividends to stockholders	—		—		—		(64.9)		—		(64.9)

Balance, September 30, 2025	$	301.3	$	0.7	$	16.0	$	6,206.7	$	(1,732.6)	$	4,490.8

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table sets forth changes in accumulated other comprehensive loss by component, net of tax, attributed to AGCO Corporation for the nine months ended September 30, 2026 (in millions):


	Defined Pension and Postretirement Benefit Plans		Deferred Gains and Losses on Derivatives		Cumulative Translation Adjustment		Total
Accumulated other comprehensive loss, December 31, 2025	$	(223.4)	$	3.2	$	(1,554.7)	$	(1,774.9)
Other comprehensive income (loss) before reclassifications	(0.3)		(8.5)		43.4		34.6
Net losses reclassified from accumulated other comprehensive loss	6.2		7.0		—		13.2
Other comprehensive income (loss)	5.9		(1.5)		43.4		47.8
Accumulated other comprehensive loss, September 30, 2026	$	(217.5)	$	1.7	$	(1,511.3)	$	(1,727.1)

Schedule of Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

The following tables set forth reclassification adjustments out of accumulated other comprehensive loss by component attributed to AGCO Corporation for the three and nine months ended September 30, 2026 and 2025 (in millions):


	Amount Reclassified from Accumulated Other Comprehensive Loss				Affected Line Item within the Condensed Consolidated Statements of Operations
Details about Accumulated Other Comprehensive Loss Components	Three Months Ended September 30, 2026(1)		Three Months Ended September 30, 2025(1)
Derivatives:
Net losses (gains) on foreign currency contracts	$	4.2	$	(3.2)	Cost of goods sold


Net gains on treasury rate locks	(0.2)		(0.2)		Interest expense, net
Reclassification before tax	4.0		(3.4)
Income tax expense (benefit)	(0.8)		0.7		Income tax provision
Reclassification net of tax	$	3.2	$	(2.7)

Defined pension and postretirement benefit plans:
Amortization of net actuarial losses	$	2.3	$	2.3	Other expense (income), net(2)
Amortization of prior service cost	0.5		0.5		Other expense (income), net(2)
Reclassification before tax	2.8		2.8
Income tax benefit	(0.7)		(0.7)		Income tax provision
Reclassification net of tax	$	2.1	$	2.1

Net losses (gains) reclassified from accumulated other comprehensive loss	$	5.3	$	(0.6)

____________________________________

(1) Losses (Gains) included within the Condensed Consolidated Statements of Operations for the three months ended September 30, 2026 and 2025, respectively.

(2) These accumulated other comprehensive loss components are included in the computation of net periodic pension and postretirement benefit cost. Refer to Note 13 for additional information.


	Amount Reclassified from Accumulated Other Comprehensive Loss				Affected Line Item within the Condensed Consolidated Statements of Operations
Details about Accumulated Other Comprehensive Loss Components	Nine Months Ended September 30, 2026(1)		Nine Months Ended September 30, 2025(1)
Derivatives:
Net losses (gains) on foreign currency contracts	$	9.3	$	(6.9)	Cost of goods sold


Net gains on treasury rate locks	(0.6)		(0.6)		Interest expense, net
Reclassification before tax	8.7		(7.5)
Income tax expense (benefit)	(1.7)		1.9		Income tax provision
Reclassification net of tax	$	7.0	$	(5.6)

Defined pension and postretirement benefit plans:
Amortization of net actuarial losses	$	6.8	$	6.6	Other expense (income), net(2)
Amortization of prior service cost	1.5		1.5		Other expense (income), net(2)
Reclassification before tax	8.3		8.1
Income tax benefit	(2.1)		(2.1)		Income tax provision
Reclassification net of tax	$	6.2	$	6.0

Net losses reclassified from accumulated other comprehensive loss	$	13.2	$	0.4

____________________________________

(1) Losses (Gains) included within the Condensed Consolidated Statements of Operations for the nine months ended September 30, 2026 and 2025, respectively.

(2) These accumulated other comprehensive loss components are included in the computation of net periodic pension and postretirement benefit cost. Refer to Note 13 for additional information.