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Equity (Tables)
6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Equity The changes in the equity components for the six months ended June 30, 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)
120.1

 
 
120.7

 
 
(0.6
)
Foreign currency translation adjustment
31.9

 
 
 
29.9

 
2.0

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

 
 
 
0.1

 
 
Change in fair value of derivative financial
instruments, net of reclassifications
(2.2
)
 
 
 
(2.2
)
 
 
Dividends – $0.53 per share
(41.4
)
 
 
(41.4
)
 
 
 
Stock-based compensation expense
10.4

 
10.4

 
 
 
 
Stock purchased at fair market value
(27.0
)
 
 
 
 
(27.0
)
 
Stock option exercise activity
25.7

 
(9.4
)
 
 
35.1

 
Restricted share activity

 
(15.9
)
 
 
15.9

 
Shares surrendered for taxes
(9.4
)
 
 
 
 
(9.4
)
 
Balance at June 30, 2017
$
1,419.6

$
53.1

$
893.4

$
1,367.7

$
(50.1
)
$
(877.1
)
$
32.6