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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Net sales $ 3,513.2 $ 3,789.9 $ 3,580.8
Cost of products sold 2,503.3 2,648.1 2,540.7
Gross Profit 1,009.9 1,141.8 1,040.1
Selling, general and administrative expenses 533.8 618.6 580.7
Impairment and restructuring charges 21.2 6.8 4.9
Operating Income 454.9 516.4 454.5
Interest expense (67.6) (72.1) (51.7)
Interest income 3.7 4.9 2.1
Non-service pension and other postretirement (expense) income (4.7) 10.2 (6.2)
Other income, net 10.0 13.0 9.4
Income Before Income Taxes 396.3 472.4 408.1
Provision for income taxes 103.9 97.7 102.6
Net Income 292.4 374.7 305.5
Less: Net income attributable to noncontrolling interest 7.9 12.6 2.7
Net Income Attributable to The Timken Company $ 284.5 $ 362.1 $ 302.8
Net Income per Common Share Attributable to The Timken Company Common Shareholders      
Basic earnings per share (in dollars per share) $ 3.78 $ 4.78 $ 3.93
Diluted earnings per share (in dollars per share) $ 3.72 $ 4.71 $ 3.86