XML 18 R29.htm IDEA: XBRL DOCUMENT v3.19.3

Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Change in the carrying amount of goodwill

The changes in the carrying amount of goodwill for the nine months ended September 30, 2019 were as follows:

	Mobile Industries			Process Industries			Total
Beginning balance	$	349.7		$	610.8		$	960.5
Acquisitions	0.7			19.7			20.4
Foreign currency translation adjustments and other changes	(10.9		)	(15.3		)	(26.2		)
Ending balance	$	339.5		$	615.2		$	954.7

Intangible assets

The following table displays intangible assets as of September 30, 2019 and December 31, 2018:

	Balance at September 30, 2019									Balance at December 31, 2018
	Gross Carrying Amount			Accumulated Amortization			Net Carrying Amount			Gross Carrying Amount			Accumulated Amortization			Net Carrying Amount
Intangible assets subject to amortization:
Customer relationships	$	481.7		$	120.6		$	361.1		$	481.5		$	99.8		$	381.7
Technology and know-how	244.9			50.7			194.2			245.0			40.4			204.6
Trade names	11.9			5.6			6.3			11.3			4.8			6.5
Capitalized software	268.6			243.6			25.0			266.4			236.5			29.9
Other	41.1			37.2			3.9			40.8			35.2			5.6
	$	1,048.2		$	457.7		$	590.5		$	1,045.0		$	416.7		$	628.3
Intangible assets not subject to amortization:
Trade names	$	103.6					$	103.6		$	96.2					$	96.2
FAA air agency certificates	8.7						8.7			8.7						8.7
	$	112.3					$	112.3		$	104.9					$	104.9
Total intangible assets	$	1,160.5		$	457.7		$	702.8		$	1,149.9		$	416.7		$	733.2

X

- Definition

Disclosure of the carrying value of intangibles assets (both amortizable and non-amortizable), in total and by major class. Finite-lived intangible assets have a stated useful life over which their gross carrying value is amortized. Indefinite-lived intangible assets are not subject to amortization. A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of a company.

+ References

No definition available.

+ Details

Name:	tkr_ScheduleOfFiniteAndIndefiniteLivedIntangibleAssetsByMajorClassTableTextBlock
Namespace Prefix:	tkr_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13854-109267

+ Details

Name:	us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration