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Subsequent Events (Notes1) | 6 Months Ended
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Jun. 30, 2017
Subsequent Events [Abstract] |
Subsequent Events [Text Block] | Note 21 - Subsequent Events On July 5, 2017, the Company announced that the Company's majority-owned subsidiary, Timken India Ltd. ("Timken India"), entered into a definitive agreement to acquire ABC Bearings Limited ("ABC Bearings"). Timken India is a public limited company listed on the National Stock Exchange of India Limited and BSE Limited. ABC Bearings is a manufacturer of tapered, cylindrical and spherical roller bearings and slewing rings in India. ABC Bearings will merge into Timken India upon the completion of the transaction. The transaction is subject to receipt of various approvals in India, which are expected to take at least six months to complete. ABC Bearings, located in Mumbai, India, operates primarily out of manufacturing facilities in Bharuch, Gujarat and Dehradun, Uttarakhand and had annual sales of approximately $29 million for the twelve months ended March 31, 2017. On July 3, 2017, the Company completed the acquisition of Groeneveld, for an agreed upon enterprise value of €250 million (approximately $285 million) in cash, plus the net value of Groeneveld's cash acquired through a "locked box" mechanism and other items. Groeneveld is a leading provider of automatic lubrication solutions used in on- and off-highway applications, located in Gorinchem, Netherlands, with manufacturing facilities in Italy and had annual sales of approximately $105 million for the twelve months ended May 31, 2017. Based on markets and customers served, substantially all of the results for Groeneveld will be reported in the Mobile Industries segment starting in the third quarter of 2017.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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