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Equity (Tables)
3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Equity The changes in the equity components for the three months ended March 31, 2017 were as follows:
 
 
The Timken Company Shareholders
 
 
Total
Stated
Capital
Other
Paid-In
Capital
Earnings
Invested
in the
Business
Accumulated
Other
Comprehensive
(Loss)
Treasury
Stock
Non-
controlling
Interest
Balance at December 31, 2016
$
1,310.9

$
53.1

$
906.9

$
1,289.3

$
(77.9
)
$
(891.7
)
$
31.2

Cumulative effect of ASU 2016-09
0.5

 
1.4

(0.9
)
 
 
 
Net income (loss)
38.1

 
 
38.2

 
 
(0.1
)
Foreign currency translation adjustment
20.4

 
 
 
17.8

 
2.6

Pension and postretirement liability adjustments (net of immaterial income tax benefit)
0.1

 
 
 
0.1

 
 
Change in fair value of derivative financial
instruments, net of reclassifications
(0.8
)
 
 
 
(0.8
)
 
 
Dividends – $0.26 per share
(20.3
)
 
 
(20.3
)
 
 
 
Stock-based compensation expense
5.6

 
5.6

 
 
 
 
Stock purchased at fair market value
(8.1
)
 
 
 
 
(8.1
)
 
Stock option exercise activity
16.6

 
(7.4
)
 
 
24.0

 
Restricted share activity

 
(14.8
)
 
 
14.8

 
Shares surrendered for taxes
(8.2
)
 
 
 
 
(8.2
)
 
Balance at March 31, 2017
$
1,354.8

$
53.1

$
891.7

$
1,306.3

$
(60.8
)
$
(869.2
)
$
33.7