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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating Activities    
Net income attributable to The Timken Company $ 124.3 $ 210.1
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent (18.7) (68.6)
Net income attributable to noncontrolling interest 2.1 0.2
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 103.4 106.3
Impairment charges 98.8 0
Loss on sale of assets (20.9) 2.3
Deferred income tax provision (16.6) (21.7)
Stock-based compensation expense 18.5 10.4
Excess Tax Benefit from Share-based Compensation, Operating Activities (6.4) (10.4)
Pension and other postretirement expense 22.5 42.1
Pension contributions and other postretirement benefit payments (47.6) (80.3)
Changes in operating assets and liabilities:    
Accounts receivable (52.6) (4.8)
Inventories (52.1) (1.3)
Accounts payable, trade 47.3 1.9
Other accrued expenses (7.4) (59.9)
Income taxes (31.0) 26.4
Other, net 9.2 (16.1)
Net Cash Provided by (Used in) Operating Activities, Continuing Operations 172.8 136.6
Cash Provided by (Used in) Operating Activities, Discontinued Operations 22.6 113.3
Net Cash Provided by Operating Activities 195.4 249.9
Investing Activities    
Capital expenditures (87.1) (91.6)
Acquisitions, net of cash received (12.0) (64.5)
Proceeds from disposals of property, plant and equipment 15.1 1.1
Increase (Decrease) in Marketable Securities, Restricted 3.9 5.6
Other 0 1.5
Net Cash Provided by (Used in) Investing Activities, Continuing Operations (80.1) (147.9)
Cash Provided by (Used in) Investing Activities, Discontinued Operations (77.0) (118.7)
Net Cash Used by Investing Activities (157.1) (266.6)
Financing Activities    
Cash dividends paid to shareholders (68.2) (66.0)
Purchase of treasury shares (266.5) (107.3)
Net proceeds from common share activity 16.7 12.9
Excess Tax Benefit from Share-based Compensation, Financing Activities 6.4 10.4
Proceeds from Issuance of Long-term Debt 346.2 0
Proceeds from Accounts Receivable Securitization 90.0 0
Repayments of Accounts Receivable Securitization (90.0) 0
Payments on long-term debt (250.6) (9.8)
Short-term debt activity, net (9.5) 7.6
Proceeds from Issuance or Sale of Equity 0 8.4
Transfer to TimkenSteel (46.5) 0
Proceeds from (Payments for) Other Financing Activities 3.1 0
Net Cash Provided by (Used in) Financing Activities, Continuing Operations (275.1) (143.8)
Cash Provided by (Used in) Financing Activities, Discontinued Operations 100.0 0
Net Cash Used by Financing Activities (175.1) (143.8)
Effect of exchange rate changes on cash (9.6) (7.8)
(Decrease) increase In Cash and Cash Equivalents (146.4) (168.3)
Cash and cash equivalents beginning of period 384.6 586.4
Cash and cash equivalents end of period $ 238.2 $ 418.1