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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating Activities      
Net income attributable to The Timken Company $ 495.5 $ 454.3 $ 274.8
Net (loss) from discontinued operations 0 0 (7.4)
Net income attributable to noncontrolling interest 0.4 2.3 2.1
Adjustments to reconcile income from continuing operations before income taxes to net cash provided by operating activities:      
Depreciation and amortization 198.0 192.5 189.7
Impairment charges 6.6 3.3 4.7
Loss on sale of assets 5.8 0.6 6.5
Deferred income tax provision 123.1 124.5 58.8
Stock-based compensation expense 18.0 16.9 16.9
Pension and other postretirement expense 91.5 74.9 93.1
Pension and other postretirement benefit contributions and payments (412.7) (456.0) (337.0)
Changes in operating assets and liabilities:      
Accounts receivable 103.0 (111.6) (104.8)
Inventories 102.5 (125.6) (150.0)
Accounts payable, trade (73.2) 14.9 105.4
Other accrued expenses (54.0) 29.1 68.3
Income taxes 21.7 9.2 97.2
Other, net (0.3) (17.6) (13.0)
Net Cash Provided by Operating Activities - Continuing Operations 625.9 211.7 305.3
Net Cash Provided by Operating Activities - Discontinued Operations 0 0 7.4
Net Cash Provided by Operating Activities 625.9 211.7 312.7
Investing Activities      
Capital expenditures (297.2) (205.3) (115.8)
Acquisitions, net of cash acquired of $0.8 million in 2010 (20.7) (292.1) (22.6)
Proceeds from disposals of property, plant and equipment 2.0 5.7 1.9
Divestitures, net of cash divested of $0.9 million in 2012 1.2 4.8 0
Investments in short-term marketable securities, net 14.3 (22.7) (15.0)
Other 2.7 1.6 (1.4)
Net Cash Used by Investing Activities (297.7) (508.0) (152.9)
Financing Activities      
Cash dividends paid to shareholders (89.0) (76.0) (51.3)
Purchase of treasury shares (112.3) (43.8) (29.2)
Net proceeds from common share activity 21.9 23.8 50.4
Proceeds from issuance of long-term debt 0 9.5 18.2
Deferred financing costs 0 (3.0) 0
Payments on long-term debt (26.9) (8.9) (13.7)
Short-term debt activity, net (7.7) 1.0 (3.8)
Decrease (increase) in restricted cash 3.6 (3.6) 0
Other 0 (5.6) (3.5)
Net Cash Used by Financing Activities (210.4) (106.6) (32.9)
Effect of exchange rate changes on cash 3.8 (9.4) (5.3)
Increase (Decrease) In Cash and Cash Equivalents 121.6 (412.3) 121.6
Cash and cash equivalents at beginning of year 464.8 877.1 755.5
Cash and Cash Equivalents at End of Year $ 586.4 $ 464.8 $ 877.1