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Equity - Changes in Equity (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance $ 2,735.0 $ 2,436.3 $ 2,702.4 $ 2,352.9
Net income 102.0 129.5 212.6 255.2
Foreign currency translation adjustments (29.3) (27.9) (80.0) (0.2)
Pension and other postretirement liability adjustments (net of income tax benefit) (1.5) (1.6) (3.0) (3.1)
Change in fair value of derivative financial instruments, net of reclassifications (0.8) (0.3) 0.3 (1.1)
Dividends (23.9) (23.8) (48.4) (47.4)
Sale of shares of Timken India Limited 188.0 229.0 188.0 229.0
Noncontrolling interest acquired 1.0   1.0  
Stock-based compensation expense 7.0 6.1 11.5 17.1
Stock purchased at fair market value (29.7) (100.5) (29.7) (154.5)
Stock option exercise activity 3.4 4.5 5.4 17.2
Payments related to tax withholding for stock-based compensation (1.1) (1.3) (10.0) (15.1)
Ending balance 2,950.1 2,650.0 2,950.1 2,650.0
Pension and other postretirement liability adjustment, tax benefit $ 0.4 $ 0.5 $ 0.9 $ 1.0
Dividends (in dollars per share) $ 0.34 $ 0.33 $ 0.67 $ 0.64
Stated Capital        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance $ 40.7 $ 40.7 $ 40.7 $ 40.7
Ending balance 40.7 40.7 40.7 40.7
Other Paid-In Capital        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance 1,083.0 853.3 1,076.5 829.6
Sale of shares of Timken India Limited 162.5 194.5 162.5 194.5
Stock-based compensation expense 7.0 6.1 11.5 17.1
Stock option exercise activity 3.4 4.5 5.4 17.2
Ending balance 1,255.9 1,058.4 1,255.9 1,058.4
Retained Earnings        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance 2,311.2 2,030.8 2,232.2 1,932.1
Net income 96.2 125.2 199.7 247.5
Dividends (23.9) (23.8) (48.4) (47.4)
Ending balance 2,383.5 2,132.2 2,383.5 2,132.2
Accumulated Other Comprehensive Loss        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance (197.6) (156.8) (146.9) (181.9)
Foreign currency translation adjustments (29.2) (27.6) (79.5) (0.2)
Pension and other postretirement liability adjustments (net of income tax benefit) (1.5) (1.6) (3.0) (3.1)
Change in fair value of derivative financial instruments, net of reclassifications (0.8) (0.3) 0.3 (1.1)
Sale of shares of Timken India Limited 5.6 8.1 5.6 8.1
Ending balance (223.5) (178.2) (223.5) (178.2)
Treasury Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance (629.0) (420.0) (620.1) (352.2)
Stock purchased at fair market value (29.7) (100.5) (29.7) (154.5)
Payments related to tax withholding for stock-based compensation (1.1) (1.3) (10.0) (15.1)
Ending balance (659.8) (521.8) (659.8) (521.8)
Non controlling Interest        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance 126.7 88.3 120.0 84.6
Net income 5.8 4.3 12.9 7.7
Foreign currency translation adjustments (0.1) (0.3) (0.5)
Sale of shares of Timken India Limited 19.9 26.4 19.9 26.4
Noncontrolling interest acquired 1.0   1.0  
Ending balance $ 153.3 $ 118.7 $ 153.3 $ 118.7