AGCO CORP DE
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
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FY2023 · Filed Feb 27, 2024
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 31,2023 | December 31,2022 | |
|---|---|---|
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $595.5 | $789.5 |
| Accounts and notes receivable, net | 1,605.3 | 1,221.3 |
| Inventories, net | 3,440.7 | 3,189.7 |
| Other current assets | 699.3 | 538.8 |
| Total current assets | 6,340.8 | 5,739.3 |
| Property, plant and equipment, net | 1,920.9 | 1,591.2 |
| Right-of-use lease assets | 176.2 | 163.9 |
| Investments in affiliates | 512.7 | 436.9 |
| Deferred tax assets | 481.6 | 228.5 |
| Other assets | 346.8 | 268.7 |
| Intangible assets, net | 308.8 | 364.4 |
| Goodwill | 1,333.4 | 1,310.8 |
| Total assets | $11,421.2 | $10,103.7 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current Liabilities: | ||
| Borrowings due within one year | $15.0 | $196.0 |
| Accounts payable | 1,207.3 | 1,385.3 |
| Accrued expenses | 2,903.8 | 2,271.3 |
| Other current liabilities | 217.5 | 235.4 |
| Total current liabilities | 4,343.6 | 4,088.0 |
| Long-term debt, less current portion and debt issuance costs | 1,377.2 | 1,264.8 |
| Operating lease liabilities | 134.4 | 125.4 |
| Pensions and postretirement health care benefits | 170.5 | 158.0 |
| Deferred tax liabilities | 122.6 | 112.0 |
| Other noncurrent liabilities | 616.1 | 472.9 |
| Total liabilities | 6,764.4 | 6,221.1 |
| Commitments and contingencies (Note 22) | ||
| Stockholders’ Equity: | ||
| AGCO Corporation stockholders’ equity: | ||
| Preferred stock; $0.01 par value, 1,000,000 shares authorized, no shares issued or outstanding in 2023 and 2022 | — | — |
| Common stock; $0.01 par value, 150,000,000 shares authorized, 74,517,973 and 74,600,815 shares issued and outstanding at December 31, 2023 and 2022, respectively | 0.7 | 0.7 |
| Additional paid-in capital | 4.1 | 30.2 |
| Retained earnings | 6,360.0 | 5,654.6 |
| Accumulated other comprehensive loss | (1,708.1) | (1,803.1) |
| Total AGCO Corporation stockholders’ equity | 4,656.7 | 3,882.4 |
| Noncontrolling interests | 0.1 | 0.2 |
| Total stockholders’ equity | 4,656.8 | 3,882.6 |
| Total liabilities and stockholders’ equity | $11,421.2 | $10,103.7 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.