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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]      
Net sales $ 4,496.7 $ 4,132.9 $ 3,513.2
Cost of products sold 3,208.6 3,030.4 2,503.3
Gross Profit 1,288.1 1,102.5 1,009.9
Selling, general and administrative expenses 637.1 580.5 533.8
Impairment and restructuring charges 44.1 8.9 21.2
Operating Income 606.9 513.1 454.9
Interest expense (74.6) (58.8) (67.6)
Interest income 3.8 2.3 3.7
Non-service pension and other postretirement income (expense) 9.3 18.3 (4.7)
Other income (expense), net 5.5 0.8 (1.1)
Acquisition-related gain 0.0 0.9 11.1
Income Before Income Taxes 550.9 476.6 396.3
Provision for income taxes 133.9 95.1 103.9
Net Income 417.0 381.5 292.4
Less: Net income attributable to noncontrolling interest 9.6 12.4 7.9
Net Income Attributable to The Timken Company $ 407.4 $ 369.1 $ 284.5
Net Income per Common Share Attributable to The Timken Company Common Shareholders      
Basic earnings per share (in dollars per share) $ 5.54 $ 4.86 $ 3.78
Diluted earnings per share (in dollars per share) $ 5.48 $ 4.79 $ 3.72