AGCO CORP DE
For the period ended Dec 31, 2024. Filed Feb 24, 2025.
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FY2024 · Filed Feb 24, 2025
AGCO$113.15-2.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of December 31, 202 and
CONSOLIDATED BALANCE SHEETS
(in millions, except share amounts)
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $612.7 | $595.5 |
| Accounts and notes receivable, net | 1,267.4 | 1,605.3 |
| Inventories, net | 2,731.3 | 3,440.7 |
| Other current assets | 526.6 | 699.3 |
| Total current assets | 5,138.0 | 6,340.8 |
| Property, plant and equipment, net | 1,818.6 | 1,920.9 |
| Right-of-use lease assets | 168.9 | 176.2 |
| Investments in affiliates | 519.6 | 512.7 |
| Deferred tax assets | 561.0 | 481.6 |
| Other assets | 435.2 | 346.8 |
| Intangible assets, net | 728.9 | 308.8 |
| Goodwill | 1,820.4 | 1,333.4 |
| Total assets | $11,190.6 | $11,421.2 |
| LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND STOCKHOLDERS’ EQUITY | ||
| Current Liabilities: | ||
| Borrowings due within one year | $415.2 | $15.0 |
| Accounts payable | 813.0 | 1,207.3 |
| Accrued expenses | 2,469.6 | 2,903.8 |
| Other current liabilities | 128.2 | 217.5 |
| Total current liabilities | 3,826.0 | 4,343.6 |
| Long-term debt, less current portion and debt issuance costs | 2,233.3 | 1,377.2 |
| Operating lease liabilities | 127.5 | 134.4 |
| Pension and postretirement health care benefits | 155.6 | 170.5 |
| Deferred tax liabilities | 125.0 | 122.6 |
| Other noncurrent liabilities | 680.3 | 616.1 |
| Total liabilities | 7,147.7 | 6,764.4 |
| Commitments and contingencies (Note 22) | ||
| Redeemable noncontrolling interests | 300.1 | — |
| Stockholders’ Equity: | ||
| AGCO Corporation stockholders’ equity: | ||
| Preferred stock; $0.01 par value, 1,000,000 shares authorized, no shares issued or outstanding in 2024 and 2023 | — | — |
| Common stock; $0.01 par value, 150,000,000 shares authorized, 74,420,952 and 74,517,973 shares issued and outstanding at December 31, 2024 and 2023, respectively | 0.7 | 0.7 |
| Additional paid-in capital | — | 4.1 |
| Retained earnings | 5,645.0 | 6,360.0 |
| Accumulated other comprehensive loss | (1,902.9) | (1,708.1) |
| Total AGCO Corporation stockholders’ equity | 3,742.8 | 4,656.7 |
| Noncontrolling interests | — | 0.1 |
| Total stockholders’ equity | 3,742.8 | 4,656.8 |
| Total liabilities, noncontrolling redeemable interests and stockholders’ equity | $11,190.6 | $11,421.2 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.