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Consolidated Statements of Income (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Income Statement [Abstract]        
Net sales $ 788.0 $ 731.4 $ 2,314.0 $ 2,285.9
Cost of products sold 562.5 529.4 1,636.8 1,625.4
Gross Profit 225.5 202.0 677.2 660.5
Selling, general and administrative expenses 132.2 139.4 410.8 412.6
Impairment and restructuring charges 99.4 3.7 108.7 11.6
Operating Income (6.1) 58.9 157.7 236.3
Interest expense (9.1) (5.0) (20.4) (17.5)
Investment Income, Interest 1.0 0.4 3.1 1.4
Gains (Losses) on Sales of Other Real Estate 0 0 22.6 0
Other income (expense), net 1.8 0.4 (1.9) (0.5)
Income From Continuing Operations Before Income Taxes (12.4) 54.7 161.1 219.7
Provision for income taxes (2.2) 19.9 53.4 78.0
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest (10.2) 34.8 107.7 141.7
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent (11.0) 17.7 18.7 68.6
Net Income (21.2) 52.5 126.4 210.3
Income (Loss) from Continuing Operations Attributable to Parent (10.9) 34.5 105.6 141.5
Net income attributable to noncontrolling interest 0.7 0.3 2.1 0.2
Net Income attributable to The Timken Company $ (21.9) $ 52.2 $ 124.3 $ 210.1
Net Income per Common Share attributable to The Timken Company Common Shareholders        
Income (Loss) from Continuing Operations, Per Basic Share $ (0.12) $ 0.36 $ 1.16 $ 1.48
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share $ (0.12) $ 0.19 $ 0.21 $ 0.72
Basic earnings per share $ (0.24) $ 0.55 $ 1.37 $ 2.20
Income (Loss) from Continuing Operations, Per Diluted Share $ (0.12) $ 0.36 $ 1.15 $ 1.47
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share $ (0.12) $ 0.18 $ 0.20 $ 0.71
Diluted earnings per share $ (0.24) $ 0.54 $ 1.35 $ 2.18
Common Stock, Dividends, Per Share, Declared $ 0.25 $ 0.23 $ 0.75 $ 0.69