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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating Activities    
Net Income $ 251.4 $ 300.2
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 170.9 165.6
Impairment charges 0.0 2.0
Gain on sale of assets (1.4) (14.6)
Deferred income tax benefit (10.0) (8.5)
Stock-based compensation expense 20.7 16.7
Pension and other postretirement expense 5.7 4.9
Pension and other postretirement benefit contributions and payments (35.1) (22.9)
Changes in operating assets and liabilities:    
Accounts receivable (64.0) (88.5)
Unbilled receivables (19.8) (18.3)
Inventories 13.2 (12.5)
Accounts payable, trade 21.5 (16.7)
Other accrued expenses 23.3 11.1
Income taxes (8.1) (20.5)
Other, net 2.7 (0.9)
Net Cash Provided by Operating Activities 371.0 297.1
Investing Activities    
Capital expenditures (105.6) (116.4)
Acquisitions, net of cash acquired 0.0 (167.7)
Proceeds from disposal of property, plant and equipment 2.7 17.5
Proceeds from divestitures, net of cash divested 0.0 0.3
Investments in short-term marketable securities, net (4.2) 16.5
Other, net 0.0 (0.2)
Net Cash Used in Investing Activities (107.1) (250.0)
Financing Activities    
Cash dividends paid to shareholders (73.9) (72.2)
Purchase of treasury shares (45.7) (31.4)
Proceeds from exercise of stock options 1.1 5.5
Payments related to tax withholding for stock-based compensation (9.9) (10.0)
Borrowings on accounts receivable facility 309.0 257.0
Payments on accounts receivable facility (309.0) (252.0)
Proceeds from long-term debt 61.0 1,515.9
Payments on long-term debt (124.1) (1,475.2)
Deferred financing costs 0.0 (5.5)
Short-term debt activity, net (0.3) (216.3)
Noncontrolling interest dividends paid (15.0) (1.1)
Proceeds from the sale of shares in Timken India Limited 0.0 232.3
Other 0.0 (1.2)
Net Cash Used in Financing Activities (206.8) (54.2)
Effect of exchange rate changes on cash 20.8 1.2
Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 77.9 (5.9)
Cash, cash equivalents and restricted cash at beginning of year 373.6 419.3
Cash, Cash Equivalents and Restricted Cash at End of Period $ 451.5 $ 413.4