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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenue from Contract with Customer, Excluding Assessed Tax $ 881.3 $ 771.4 $ 2,670.7 $ 2,225.8
Cost of Goods and Services Sold 628.0 555.3 1,885.1 1,626.4
Gross Profit 253.3 216.1 785.6 599.4
Selling, general and administrative expenses 142.0 134.0 432.4 375.5
Impairment and restructuring charges 2.6 1.3 3.1 3.8
Gain (Loss) on Disposition of Business     (0.6) 0.0
Operating Income (Loss) 108.7 80.8 350.1 220.1
Interest expense (12.5) (10.1) (33.2) (26.5)
Investment Income, Interest 0.6 0.7 1.5 2.0
Other (expense) income, net 0.5 3.8 9.8 7.1
Income (Loss) Before Income Taxes 97.3 75.2 328.2 202.7
Provision (benefit) for income taxes 25.0 21.1 83.5 28.5
Net Income 72.3 54.1 244.7 174.2
Net (loss) income attributable to noncontrolling interest 0.7 0.6 1.9 0.0
Net Income (loss) attributable to The Timken Company $ 71.6 $ 53.5 $ 242.8 $ 174.2