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Schedule II - Valuation and Qualifying Accounts | 12 Months Ended
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Dec. 31, 2024
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract] |
Schedule II—Valuation and Qualifying Accounts | Schedule II—Valuation and Qualifying Accounts The Timken Company and Subsidiaries
Allowance for uncollectible accounts: | 2024 | 2023 | 2022
Balance at beginning of period | $ | 17.1 |  | $ | 17.9 |  | $ | 16.9 |
Additions: |  |  |
Charged to costs and expenses (1) | 7.2 |  | (1.0) |  | 3.7 |
Deductions: |  |  |
Charged to costs and expenses (3) | (3.6) |  | 0.2 |  | 0.4 |
Charged to other accounts (2) | 0.8 |  | (0.4) |  | 2.3 |
Balance at end of period | $ | 21.5 |  | $ | 17.1 |  | $ | 17.9 |
Allowance for surplus and obsolete inventory: | 2024 | 2023 | 2022
Balance at beginning of period | $ | 73.7 |  | $ | 58.4 |  | $ | 63.3 |
Additions: |  |  |
Charged to costs and expenses (4) | 20.9 |  | 25.0 |  | 12.9 |
Charged to other accounts (2) | (6.8) |  | 7.9 |  | 1.2 |
Deductions (5) | 14.4 |  | 17.6 |  | 19.0 |
Balance at end of period | $ | 73.4 |  | $ | 73.7 |  | $ | 58.4 |
Valuation allowance on deferred tax assets: | 2024 | 2023 | 2022
Balance at beginning of period | $ | 39.3 |  | $ | 31.3 |  | $ | 31.0 |
Additions: |  |  |
Charged to costs and expenses (6) | 11.7 |  | 10.6 |  | 3.1 |
Deductions |  |  |
Charged to costs and expenses (7) | 0.9 |  | 2.1 |  | 0.9 |
Charged to other accounts (2) | 1.4 |  | 0.5 |  | 1.9 |
Balance at end of period | $ | 48.7 |  | $ | 39.3 |  | $ | 31.3 |
(1)Provision for uncollectible accounts included in expenses. (2)Currency translation and change in reserves due to acquisitions, net of divestitures. (3)Actual accounts written off against the allowance, net of recoveries. (4)Provision for surplus and obsolete inventory included in expenses. (5)Inventory items written off against the allowance. (6)Increase in valuation allowance is recorded as a component of the provision for income taxes. (7)Amount relates to the reversal of valuation allowances and was recorded as a component of the provision for income taxes. The Company released $0.9 million of foreign valuation allowances for the year ended December 31, 2024. Refer to Note 5 - Income Taxes in the Notes to the Consolidated Financial Statements for further discussion on valuation allowance reversals.

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- Definition The entire disclosure for valuation and qualifying accounts and reserves. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 09 -Publisher SEC Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 4 -Subparagraph (SX 210.12-09) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-4 + Details
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