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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]      
Net sales $ 2,872.3 $ 3,076.2 $ 3,035.4
Cost of products sold 2,078.4 2,178.2 2,167.0
Gross Profit 793.9 898.0 868.4
Selling, general and administrative expenses 494.3 542.5 546.6
Impairment and restructuring charges 14.7 113.4 8.7
Gain (Loss) on Disposition of Business (28.7) 0.0 0.0
Pension Settlement Charges 465.0 33.7 7.2
Operating (Loss) Income (151.4) 208.4 305.9
Interest expense (33.4) (28.7) (24.4)
Interest income 2.7 4.4 1.9
Gains (Losses) on Sales of Other Real Estate 0.0 22.6 5.4
Other Nonoperating Income (Expense) (7.5) (2.7) 1.3
(Loss) Income From Continuing Operations Before Income Taxes (189.6) 204.0 290.1
(Benefit) provision for income taxes (121.6) 54.7 114.6
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest (68.0) 149.3 175.5
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent 0.0 24.0 87.5
Net (Loss) Income (68.0) 173.3 263.0
Less: Net income attributable to noncontrolling interest 2.8 2.5 0.3
Net (Loss) Income Attributable to The Timken Company (70.8) 170.8 262.7
Income (Loss) from Continuing Operations Attributable to Parent $ (70.8) $ 146.8 $ 175.2
Net (Loss) Income per Common Share Attributable to The Timken Company Common Shareholders      
Income (Loss) from Continuing Operations, Per Basic Share $ (0.84) $ 1.62 $ 1.84
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share 0.00 0.27 0.92
Basic earnings per share (in dollars per share) (0.84) 1.89 2.76
Income (Loss) from Continuing Operations, Per Diluted Share (0.84) 1.61 1.82
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share 0.00 0.26 0.92
Diluted earnings per share (in dollars per share) (0.84) 1.87 2.74
Dividends per share (in dollars per share) $ 1.03 $ 1 $ 0.92