XML 73 R61.htm IDEA: XBRL DOCUMENT v3.4.0.3
Retirement Benefit Plans (Details)
$ in Millions
3 Months Ended 9 Months Ended
Mar. 31, 2016
USD ($)
Mar. 31, 2015
USD ($)
Sep. 30, 2015
Defined Benefit Plan Disclosure [Line Items]      
Pension Settlement Charges $ 1.2 $ 215.2  
Pension obligations transferred   575.0  
Defined Benefit Plan, Assets Transferred to (from) Plan   635.0  
Lump Sum Distributions Paid   11.0  
Components of net periodic benefit cost:      
Service cost 3.7 4.6  
Interest cost 9.5 16.1  
Expected return on plan assets (10.2) (22.1)  
Amortization of prior service cost 0.4 0.8  
Amortization of net actuarial loss 4.5 10.9  
Defined Benefit Plan, Recognized Net Gain (Loss) Due to Settlements and Curtailments 0.0 213.6  
Net periodic benefit cost 7.9 223.9  
Professional Fees   1.6  
The Timken Company Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Number of U.S. Timken retirees     3,400
Other Postretirement Benefit Plan [Member]      
Components of net periodic benefit cost:      
Service cost 0.1 0.1  
Interest cost 2.7 2.7  
Expected return on plan assets (1.6) (1.8)  
Amortization of prior service cost 0.2 0.2  
Net periodic benefit cost 1.4 1.2  
Pension Plan, Defined Benefit [Member]      
Components of net periodic benefit cost:      
Service cost 3.3 3.9  
Interest cost 6.7 13.0  
Expected return on plan assets (7.5) (17.9)  
Amortization of prior service cost 0.4 0.8  
Amortization of net actuarial loss 3.7 9.6  
Defined Benefit Plan, Recognized Net Gain (Loss) Due to Settlements and Curtailments 0.0 213.6  
Net periodic benefit cost 6.6 223.0  
Foreign Pension Plan, Defined Benefit [Member]      
Components of net periodic benefit cost:      
Service cost 0.4 0.7  
Interest cost 2.8 3.1  
Expected return on plan assets (2.7) (4.2)  
Amortization of prior service cost 0.0 0.0  
Amortization of net actuarial loss 0.8 1.3  
Defined Benefit Plan, Recognized Net Gain (Loss) Due to Settlements and Curtailments 0.0 0.0  
Net periodic benefit cost $ 1.3 $ 0.9  
Timken-Latrobe-MPB-Torrington Retirement Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Number of U.S. Timken retirees   5,000