Schedule 2 Valuation and Qualifying Accounts Valuation and Qualifying Accounts (Notes)

12 Months Ended

Dec. 31, 2019

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]

Schedule II—Valuation and Qualifying Accounts

The Timken Company and Subsidiaries



Allowance for uncollectible accounts:	2019		2018		2017
Balance at beginning of period	$	21.9	$	20.3	$	20.2
Additions:
Charged to costs and expenses ⁽¹⁾	1.8		3.1		3.8
Charged to other accounts ⁽²⁾	—		1.3		0.4
Deductions:
Charged to costs and expenses ⁽³⁾	4.9		2.8		4.1
Charged to other accounts ⁽²⁾	0.7		—		—
Balance at end of period	$	18.1	$	21.9	$	20.3

Allowance for surplus and obsolete inventory:	2019		2018		2017
Balance at beginning of period	$	39.5	$	30.0	$	21.1
Additions:
Charged to costs and expenses⁽⁴⁾	5.2		16.1		10.3
Charged to other accounts ⁽²⁾	1.9		2.3		6.0
Deductions ⁽⁵⁾	10.8		8.9		7.4
Balance at end of period	$	35.8	$	39.5	$	30.0

Valuation allowance on deferred tax assets:	2019		2018		2017
Balance at beginning of period	$	77.5	$	79.4	$	85.5
Additions
Charged to costs and expenses ⁽⁶⁾	—		—		6.5
Charged to other accounts ⁽⁷⁾	2.3		—		—
Deductions ⁽⁸⁾	46.1		1.9		12.6
Balance at end of period	$	33.7	$	77.5	$	79.4


(1)	Provision for uncollectible accounts included in expenses.


(2)	Currency translation and change in reserves due to acquisitions, net of divestitures.


(3)	Actual accounts written off against the allowance, net of recoveries.


(4)	Provision for surplus and obsolete inventory included in expenses.


(5)	Inventory items written off against the allowance.


(6)	Increase in valuation allowance is recorded as a component of the provision for income taxes.


(7)	Includes valuation allowance adjustment recorded against goodwill.

(8)

Amount primarily relates to the reversal of valuation allowances due to the realization of net operating loss carryforwards. The Company released $44.5 million of foreign valuation allowances for the year ended December 31, 2019, $40.7 million of which relates to the valuation allowance that was recorded against German indefinite-lived loss carryforwards and pension deferred tax assets. Refer to Note 5 - Income Taxes in the Notes to the Consolidated Financial Statements for further discussion on valuation allowance reversals.