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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating Activities    
Net (loss) income attributable to The Timken Company $ 63.0 $ (135.2)
Net income attributable to noncontrolling interest (0.1) 0.4
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 32.6 33.5
Impairment charges 2.6 2.7
Loss on sale of assets 0.6 0.3
Continued Dumping on Subsidy Offset Act Receivable (48.1) 0.0
Deferred income tax provision 0.7 (84.4)
Stock-based compensation expense 4.6 4.1
Excess Tax Benefit from Share-based Compensation, Operating Activities 0.0 (1.0)
Pension and other postretirement expense 9.3 225.1
Pension contributions and other postretirement benefit payments (10.2) (6.9)
Changes in operating assets and liabilities:    
Accounts receivable (4.9) (29.6)
Inventories (0.1) (12.8)
Accounts payable, trade 16.5 27.9
Other accrued expenses (28.4) (63.5)
Income taxes 21.7 54.7
Other, net (12.7) 1.7
Net Cash Provided by Operating Activities 47.1 17.0
Investing Activities    
Capital expenditures (24.2) (19.7)
Proceeds from disposals of property, plant and equipment 0.0 2.8
Increase (Decrease) in Marketable Securities, Restricted (0.5) 2.9
Other 0.1 0.0
Net Cash Used by Investing Activities (24.6) (14.0)
Financing Activities    
Cash dividends paid to shareholders (20.7) (21.9)
Purchase of treasury shares (35.0) (96.8)
Net proceeds from common share activity 0.3 1.1
Excess Tax Benefit from Share-based Compensation, Financing Activities 0.0 1.0
Proceeds from Issuance of Long-term Debt 90.0 0.0
Proceeds from Accounts Receivable Securitization 10.0 0.0
Repayments of Accounts Receivable Securitization (11.0) 0.0
Payments on long-term debt (45.0) (1.1)
Short-term debt activity, net (12.8) (3.6)
Increase (Decrease) in Restricted Cash 0.0 0.5
Proceeds from (Payments for) Other Financing Activities 4.8 0.0
Net Cash Used by Financing Activities (19.4) (120.8)
Effect of exchange rate changes on cash 4.6 (6.6)
(Decrease) increase In Cash and Cash Equivalents 7.7 (124.4)
Cash and cash equivalents beginning of period 129.6 278.8
Cash and cash equivalents end of period $ 137.3 $ 154.4