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Change in Accounting Principles (Tables)
9 Months Ended
Sep. 30, 2017
Accounting Changes [Abstract]  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block] The following tables reflect the changes to financial statement line items as a result of the change in accounting principles for the periods presented in the accompanying unaudited consolidated financial statements:
Consolidated Statements of Income:
 
Three Months Ended
 
September 30, 2017
 
September 30, 2016
 
Previous Accounting Method
As Reported
Effect of Accounting Change
 
As Previously Reported
Revised
Effect of Accounting Change
Cost of products sold
$
556.7

$
554.4

$
(2.3
)
 
$
489.9

$
487.7

$
(2.2
)
Gross profit
214.7

217.0

2.3

 
167.5

169.7

2.2

Selling, general and administrative expense
136.8

134.0

(2.8
)
 
109.5

107.2

(2.3
)
Pension settlement expenses
3.9


(3.9
)
 
10.3

0.1

(10.2
)
Operating income
72.7

81.7

9.0

 
42.4

57.1

14.7

Income before income taxes
66.2

75.2

9.0

 
34.5

49.2

14.7

Provision for income taxes
18.0

21.1

3.1

 
13.5

15.2

1.7

Net income
48.2

54.1

5.9

 
21.0

34.0

13.0

Net income attributable to The Timken Company
$
47.6

$
53.5

$
5.9

 
$
20.6

$
33.6

$
13.0

Basic earnings per share
$
0.61

$
0.69

$
0.08

 
$
0.26

$
0.43

$
0.17

Diluted earnings per share
$
0.60

$
0.68

$
0.08

 
$
0.26

$
0.43

$
0.17

Consolidated Statements of Income:
 
Nine Months Ended
 
September 30, 2017
 
September 30, 2016
 
Previous Accounting Method
As Reported
Effect of Accounting Change
 
As Previously Reported
Revised
Effect of Accounting Change
Cost of products sold
$
1,630.9

$
1,626.5

$
(4.4
)
 
$
1,484.3

$
1,477.7

$
(6.6
)
Gross profit
594.9

599.3

4.4

 
530.7

537.3

6.6

Selling, general and administrative expense
383.8

377.4

(6.4
)
 
338.0

331.3

(6.7
)
Pension settlement expenses
15.7


(15.7
)
 
11.9

1.3

(10.6
)
Operating income
191.6

218.1

26.5

 
162.1

186.0

23.9

Income before income taxes
176.2

202.7

26.5

 
189.9

213.8

23.9

Provision for income taxes
19.3

28.5

9.2

 
61.1

65.8

4.7

Net income
156.9

174.2

17.3

 
128.8

148.0

19.2

Net income attributable to The Timken Company
$
156.9

$
174.2

$
17.3

 
$
128.5

$
147.7

$
19.2

Basic earnings per share
$
2.02

$
2.24

$
0.22

 
$
1.63

$
1.87

$
0.24

Diluted earnings per share
$
1.99

$
2.21

$
0.22

 
$
1.62

$
1.86

$
0.24


Consolidated Statements of Comprehensive Income:
 
Three Months Ended
 
September 30, 2017
 
September 30, 2016
 
Previous Accounting Method
As Reported
Effect of Accounting Change
 
As Previously Reported
Revised
Effect of Accounting Change
Net Income
$
48.2

$
54.1

$
5.9

 
$
21.0

$
34.0

$
13.0

Foreign currency translation adjustments
10.9

10.9


 
2.2

3.7

1.5

Pension and postretirement liability adjustment
6.0

0.1

(5.9
)
 
15.0

0.4

(14.6
)
Other comprehensive income, net of tax
14.9

9.0

(5.9
)
 
17.2

4.1

(13.1
)
Comprehensive Income, net of tax
63.1

63.1


 
38.2

38.1

(0.1
)
Less: comprehensive income attributable to noncontrolling interest
0.5

0.5


 
0.9

1.0

0.1

Comprehensive income attributable to
The Timken Company
$
62.6

$
62.6

$

 
$
37.3

$
37.1

$
(0.2
)

 
Nine Months Ended
 
September 30, 2017
 
September 30, 2016
 
Previous Accounting Method
As Reported
Effect of Accounting Change
 
As Previously Reported
Revised
Effect of Accounting Change
Net Income
$
156.9

$
174.2

$
17.3

 
$
128.8

$
148.0

$
19.2

Foreign currency translation adjustments
42.8

42.8


 
(1.4
)
5.2

6.6

Pension and postretirement liability adjustment
17.5

0.2

(17.3
)
 
27.0

1.2

(25.8
)
Other comprehensive income, net of tax
56.1

38.8

(17.3
)
 
24.0

4.8

(19.2
)
Comprehensive Income, net of tax
213.0

213.0


 
152.8

152.8


Less: comprehensive income attributable to noncontrolling interest
1.9

1.9


 
2.1

2.2

0.1

Comprehensive income attributable to
The Timken Company
$
211.1

$
211.1

$

 
$
150.7

$
150.6

$
(0.1
)



Consolidated Balance Sheets:
 
September 30, 2017
December 31, 2016
 
Previous Accounting Method
As Reported
Effect of Accounting Change
As Previously Reported
Revised
Effect of Accounting Change
Inventories, net
$
679.6

$
687.5

$
7.9

$
545.8

$
553.7

$
7.9

Total current assets
1,466.4

1,474.3

7.9

1,204.0

1,211.9

7.9

Deferred income taxes
50.9

47.9

(3.0
)
54.4

51.4

(3.0
)
Total other assets
1,050.1

1,047.1

(3.0
)
749.9

746.9

(3.0
)
Total assets
3,358.7

3,363.6

4.9

2,758.3

2,763.2

4.9

Earnings invested in the business
1,622.2

1,400.2

(222.0
)
1,528.6

1,289.3

(239.3
)
Accumulated other comprehensive loss
(267.8
)
(41.0
)
226.8

(322.0
)
(77.9
)
244.1

Total shareholders' equity
1,418.2

1,423.0

4.8

1,274.9

1,279.7

4.8

Noncontrolling interest
32.8

32.9

0.1

31.1

31.2

0.1

Total equity
1,451.0

1,455.9

4.9

1,306.0

1,310.9

4.9

Total liabilities and shareholders' equity
$
3,358.7

$
3,363.6

$
4.9

$
2,758.3

$
2,763.2

$
4.9


Consolidated Statements of Cash Flows:
 
Nine Months Ended
 
September 30, 2017
 
September 30, 2016
 
Previous Accounting Method
As Reported
Effect of Accounting Change
 
As Previously Reported
Revised
Effect of Accounting Change
Net income attributable to The Timken Company
$
156.9

$
174.2

$
17.3

 
$
128.5

$
147.7

$
19.2

Deferred income tax (benefit) provision
(1.7
)
7.5

9.2

 
(0.1
)
4.6

4.7

Pension and other postretirement expense
39.1

12.6

(26.5
)
 
38.4

14.5

(23.9
)