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Equity (Tables)
 9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Equity The changes in the equity components for the nine months ended September 30, 2017 were as follows:
 
 
The Timken Company Shareholders
 
 
Total
Stated
Capital
Other
Paid-In
Capital
Earnings
Invested
in the
Business
Accumulated
Other
Comprehensive
(Loss)
Treasury
Stock
Non-
controlling
Interest
Balance at December 31, 2016
$
1,310.9

$
53.1

$
906.9

$
1,289.3

$
(77.9
)
$
(891.7
)
$
31.2

Cumulative effect of ASU 2016-09
0.5

 
1.4

(0.9
)
 
 
 
Net income
174.2

 
 
174.2

 
 
—

Foreign currency translation adjustment
42.8

 
 
 
40.9

 
1.9

Pension and postretirement liability
adjustments (net of $0.1 income
tax benefit)
0.2

 
 
 
0.2

 
 
Change in fair value of derivative financial
instruments, net of reclassifications
(4.2
)
 
 
 
(4.2
)
 
 
Dividends paid to noncontrolling
interest
(0.2
)
 
 
 
 
 
(0.2
)
Dividends – $0.80 per share
(62.4
)
 
 
(62.4
)
 
 
 
Stock-based compensation expense
18.2

 
18.2

 
 
 
 
Stock purchased at fair market value
(41.0
)
 
 
 
 
(41.0
)
 
Stock option exercise activity
27.7

 
(9.7
)
 
 
37.4

 
Restricted share activity
—

 
(18.6
)
 
 
18.6

 
Shares surrendered for taxes
(10.8
)
 
 
 
 
(10.8
)
 
Balance at September 30, 2017
$
1,455.9

$
53.1

$
898.2

$
1,400.2

$
(41.0
)
$
(887.5
)
$
32.9