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Equity
 9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Equity
Note 9 - Equity

The changes in the equity components for the nine months ended September 30, 2014 were as follows:
 
 
The Timken Company Shareholders
 
  
Total
Stated
Capital
Other
Paid-In
Capital
Earnings
Invested
in the
Business
Accumulated
Other
Comprehensive
(Loss)
Treasury
Stock
Non-
controlling
Interest
Balance at December 31, 2013
$
2,648.6

$
53.1

$
896.4

$
2,586.4

$
(626.1
)
$
(273.2
)
$
12.0

Net income
126.4



124.3



2.1

Foreign currency translation
 adjustment
(17.6
)



(17.5
)

(0.1
)
Pension and postretirement liability
adjustment (net of the income tax
benefit of $17.6 million)
1.9




1.9



Change in fair value of derivative
 financial instruments
(0.9
)



(0.9
)


Dividends – $0.75 per share
(68.2
)


(68.2
)



Distribution of TimkenSteel
(813.6
)
 
 
(1,047.7
)
234.1

 
 
Excess tax benefit from stock
 compensation
6.4


6.4





Stock-based compensation expense
20.6


20.6





Stock purchased at cost
(266.5
)




(266.5
)

Stock option exercise activity
16.6


(23.7
)


40.3


Restricted shares surrendered (issued)
0.9


(4.1
)


5.0


Shares surrendered for taxes
(10.7
)





(10.7
)

Balance at September 30, 2014
$
1,643.9

$
53.1

$
895.6

$
1,594.8

$
(408.5
)
$
(505.1
)
$
14.0