XML 52 R41.htm IDEA: XBRL DOCUMENT v3.26.1

Equity (Tables)

6 Months Ended

Jun. 30, 2026

Equity [Abstract]

Schedule of Changes in the Components of Equity

The following tables present the changes in the components of equity for the three and six months ended June 30, 2026 and 2025, respectively:

						The Timken Company Shareholders
			Total			Stated Capital			Other Paid-In Capital			Retained Earnings			Accumulated Other Comprehensive (Loss)			Treasury Stock			Non controlling Interest
Balance at March 31, 2026			$	3,367.9		$	40.7		$	1,310.0		$	2,751.8		$	(119.6)		$	(775.2)		$	160.2
Net income			37.2									28.9									8.3
Foreign currency translation adjustment			(4.2)												(4.3)						0.1
Pension and other postretirement liability    adjustments (net of income tax benefit    of $0.5 million)			(1.5)												(1.5)
Change in fair value of derivative financial    instruments, net of reclassifications			0.6												0.6
Dividends - $0.36 per share			(25.0)									(25.0)
Stock-based compensation expense			6.9						6.9
Stock purchased at fair market value			(20.0)															(20.0)
Stock option exercise activity			2.4						2.4
Payments related to tax withholding for    stock-based compensation			(1.2)															(1.2)
Balance at June 30, 2026			$	3,363.1		$	40.7		$	1,319.3		$	2,755.7		$	(124.8)		$	(796.4)		$	168.6

						The Timken Company Shareholders
			Total			Stated Capital			Other Paid-In Capital			Retained Earnings			Accumulated Other Comprehensive (Loss)			Treasury Stock			Non controlling Interest
Balance at December 31, 2025			$	3,345.7		$	40.7		$	1,299.5		$	2,678.9		$	(96.5)		$	(738.0)		$	161.1
Net income			143.1									127.1									16.0
Foreign currency translation adjustment			(34.7)												(26.2)						(8.5)
Pension and other postretirement liability    adjustments (net of income tax benefit    of $1.0 million)			(3.0)												(3.0)
Change in fair value of derivative financial    instruments, net of reclassifications			0.9												0.9
Dividends - $0.71 per share			(50.3)									(50.3)
Stock-based compensation expense			14.5						14.5
Stock purchased at fair market value			(48.0)															(48.0)
Stock option exercise activity			5.3						5.3
Payments related to tax withholding for    stock-based compensation			(10.4)															(10.4)
Balance at June 30, 2026			$	3,363.1		$	40.7		$	1,319.3		$	2,755.7		$	(124.8)		$	(796.4)		$	168.6

Note 14 - Equity (continued)

						The Timken Company Shareholders
			Total			Stated Capital			Other Paid-In Capital			Retained Earnings			Accumulated Other Comprehensive (Loss)			Treasury Stock			Non- controlling Interest
Balance at March 31, 2025			$	3,089.0		$	40.7		$	1,277.1		$	2,542.0		$	(238.9)		$	(703.2)		$	171.3
Net income			85.7									78.5									7.2
Foreign currency translation adjustment			143.6												144.0						(0.4)
Pension and other postretirement liability    adjustments (net of income tax benefit    of $0.5 million)			(1.7)												(1.7)
Change in fair value of derivative financial    instruments, net of reclassifications			(3.6)												(3.6)
Dividends - $0.35 per share			(24.4)									(24.4)
Stock-based compensation expense			6.9						6.9
Stock purchased at fair market value			(22.6)															(22.6)
Stock option exercise activity			0.2						0.2
Payments related to tax withholding for    stock-based compensation			(0.3)															(0.3)
Balance at June 30, 2025			$	3,272.8		$	40.7		$	1,284.2		$	2,596.1		$	(100.2)		$	(726.1)		$	178.1

						The Timken Company Shareholders
			Total			Stated Capital			Other Paid-In Capital			Retained Earnings			Accumulated Other Comprehensive (Loss)			Treasury Stock			Non controlling Interest
Balance at December 31, 2024			$	2,984.1		$	40.7		$	1,269.3		$	2,488.8		$	(301.7)		$	(670.6)		$	157.6
Net income			177.1									156.8									20.3
Foreign currency translation adjustment			210.7												210.5						0.2
Pension and other postretirement liability    adjustments (net of income tax benefit    of $1.0 million)			(3.3)												(3.3)
Change in fair value of derivative financial    instruments, net of reclassifications			(5.7)												(5.7)
Dividends - $0.69 per share			(49.5)									(49.5)
Stock-based compensation expense			14.4						14.4
Stock purchased at fair market value			(45.7)															(45.7)
Stock option exercise activity			0.5						0.5
Payments related to tax withholding for    stock-based compensation			(9.8)															(9.8)
Balance at June 30, 2025			$	3,272.8		$	40.7		$	1,284.2		$	2,596.1		$	(100.2)		$	(726.1)		$	178.1

X

- References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480008/505-10-S99-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480070/505-10-S50-1

+ Details

Name:	us-gaap_ScheduleOfStockholdersEquityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration