2021 Q4 Form 10-K Financial Statement

#000009836222000022 Filed on February 15, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2021
Revenue $1.007B $1.037B $4.133B
YoY Change 12.96% 15.95% 17.64%
Cost Of Revenue $774.2M $769.4M $3.030B
YoY Change 18.25% 21.95% 21.06%
Gross Profit $233.1M $267.9M $1.103B
YoY Change -1.65% 1.59% 9.17%
Gross Profit Margin 23.14% 25.83% 26.68%
Selling, General & Admin $146.3M $140.7M $580.5M
YoY Change 7.81% 6.03% 8.75%
% of Gross Profit 62.76% 52.52% 52.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $41.30M $41.30M $167.8M
YoY Change -1.43% 0.24% 0.42%
% of Gross Profit 17.72% 15.42% 15.22%
Operating Expenses $146.3M $140.7M $580.5M
YoY Change 7.81% 6.03% 8.75%
Operating Profit $86.80M $124.3M $513.1M
YoY Change -14.31% 4.45% 12.79%
Interest Expense -$13.20M $14.80M $58.80M
YoY Change -9.59% -9.2% -13.02%
% of Operating Profit -15.21% 11.91% 11.46%
Other Income/Expense, Net $12.90M $1.500M $800.0K
YoY Change -240.22% -250.0% -172.73%
Pretax Income $86.70M $112.0M $476.6M
YoY Change 15.6% -5.0% 20.26%
Income Tax $20.00M $20.40M $95.10M
% Of Pretax Income 23.07% 18.21% 19.95%
Net Earnings $62.90M $88.10M $369.1M
YoY Change 18.46% -0.79% 29.74%
Net Earnings / Revenue 6.24% 8.49% 8.93%
Basic Earnings Per Share $0.83 $1.16 $4.86
Diluted Earnings Per Share $0.82 $1.14 $4.79
COMMON SHARES
Basic Shares Outstanding 76.07M shares 75.89M shares
Diluted Shares Outstanding 77.02M shares 77.01M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $257.1M $261.8M $314.0M
YoY Change -19.73% -16.38% -12.27%
Cash & Equivalents $257.1M $261.8M $257.1M
Short-Term Investments $56.90M
Other Short-Term Assets $149.8M $141.8M $125.9M
YoY Change 41.32% 22.98% 15.4%
Inventory $1.043B $974.1M $1.043B
Prepaid Expenses
Receivables $626.4M $700.2M $626.4M
Other Receivables $104.5M $85.70M $104.5M
Total Short-Term Assets $2.214B $2.195B $2.214B
YoY Change 10.66% 11.75% 10.66%
LONG-TERM ASSETS
Property, Plant & Equipment $1.055B $1.035B $1.174B
YoY Change 1.9% 5.62% 1.77%
Goodwill $1.023B $1.029B
YoY Change -2.38% 0.81%
Intangibles $668.8M $685.0M
YoY Change -9.79% -7.08%
Long-Term Investments $3.700M
YoY Change
Other Assets $23.90M $19.80M $87.80M
YoY Change 11.16% 5.32% -10.86%
Total Long-Term Assets $2.957B $2.950B $2.957B
YoY Change -2.77% 0.19% -2.77%
TOTAL ASSETS
Total Short-Term Assets $2.214B $2.195B $2.214B
Total Long-Term Assets $2.957B $2.950B $2.957B
Total Assets $5.171B $5.146B $5.171B
YoY Change 2.56% 4.82% 2.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $430.0M $406.2M $430.0M
YoY Change 22.37% 32.44% 22.37%
Accrued Expenses $162.2M $160.6M $281.8M
YoY Change -0.43% 12.07% 72.99%
Deferred Revenue $3.800M
YoY Change
Short-Term Debt $42.60M $27.90M $42.60M
YoY Change -64.44% -56.94% -64.44%
Long-Term Debt Due $11.20M $11.10M $11.20M
YoY Change 2.75% 2.78% 2.75%
Total Short-Term Liabilities $896.6M $846.0M $896.6M
YoY Change 5.73% 14.26% 5.73%
LONG-TERM LIABILITIES
Long-Term Debt $1.411B $1.417B $1.411B
YoY Change -1.59% -7.57% -1.59%
Other Long-Term Liabilities $84.90M $94.30M $363.9M
YoY Change -19.91% -7.64% -5.68%
Total Long-Term Liabilities $1.896B $1.923B $1.775B
YoY Change -3.66% -7.08% -2.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $896.6M $846.0M $896.6M
Total Long-Term Liabilities $1.896B $1.923B $1.775B
Total Liabilities $2.793B $2.769B $2.876B
YoY Change -0.83% -1.46% -0.45%
SHAREHOLDERS EQUITY
Retained Earnings $1.616B $1.576B
YoY Change 20.67% -23.98%
Common Stock $786.9M $781.7M
YoY Change 6.24% -16.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $126.1M $89.40M
YoY Change 1255.91% -90.97%
Treasury Stock Shares 1.715M shares 1.211M shares
Shareholders Equity $2.295B $2.297B $2.295B
YoY Change
Total Liabilities & Shareholders Equity $5.171B $5.146B $5.171B
YoY Change 2.56% 4.82% 2.56%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2021
OPERATING ACTIVITIES
Net Income $62.90M $88.10M $369.1M
YoY Change 18.46% -0.79% 29.74%
Depreciation, Depletion And Amortization $41.30M $41.30M $167.8M
YoY Change -1.43% 0.24% 0.42%
Cash From Operating Activities $102.7M $105.8M $387.3M
YoY Change -14.7% -31.12% -32.95%
INVESTING ACTIVITIES
Capital Expenditures -$44.70M -$43.10M $148.3M
YoY Change 24.51% 47.6% 21.96%
Acquisitions $7.500M
YoY Change -68.75%
Other Investing Activities -$13.20M $1.100M $600.0K
YoY Change -18.52% -114.67%
Cash From Investing Activities -$57.90M -$42.00M -$173.8M
YoY Change 11.13% 14.44% 13.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $30.30M $93.00M
YoY Change 88.64%
Debt Paid & Issued, Net $338.3M
YoY Change -55.35%
Cash From Financing Activities -46.90M -103.5M -$269.3M
YoY Change -36.1% -54.28% -18.67%
NET CHANGE
Cash From Operating Activities 102.7M 105.8M $387.3M
Cash From Investing Activities -57.90M -42.00M -$173.8M
Cash From Financing Activities -46.90M -103.5M -$269.3M
Net Change In Cash -2.100M -39.70M -$63.20M
YoY Change -58.82% -63.74% -160.25%
FREE CASH FLOW
Cash From Operating Activities $102.7M $105.8M $387.3M
Capital Expenditures -$44.70M -$43.10M $148.3M
Free Cash Flow $147.4M $148.9M $239.0M
YoY Change -5.69% -18.54% -47.59%

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CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates: </span></div><div style="margin-top:3pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Because actual results could differ from these estimates, the Company reviews and updates these estimates and assumptions regularly to reflect recent experience.</span></div>
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
0 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4132900000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3513200000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3789900000 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
234100000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
110900000 USD
CY2021 us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
383000000.0 USD
CY2021 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
389400000 USD
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
104500000 USD
CY2021Q4 tkr Contract With Customer Asset Impairment Loss
ContractWithCustomerAssetImpairmentLoss
0 USD
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4132900000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3513200000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3789900000 USD
CY2021 tkr Earnings Before Interest Tax Depreciationand Amortization
EarningsBeforeInterestTaxDepreciationandAmortization
746400000 USD
CY2020 tkr Earnings Before Interest Tax Depreciationand Amortization
EarningsBeforeInterestTaxDepreciationandAmortization
675400000 USD
CY2019 tkr Earnings Before Interest Tax Depreciationand Amortization
EarningsBeforeInterestTaxDepreciationandAmortization
751500000 USD
CY2021 us-gaap Defined Benefit Plan Actuarial Gain Loss Immediate Recognition As Component In Net Periodic Benefit Cost Credit
DefinedBenefitPlanActuarialGainLossImmediateRecognitionAsComponentInNetPeriodicBenefitCostCredit
-300000 USD
CY2020 us-gaap Defined Benefit Plan Actuarial Gain Loss Immediate Recognition As Component In Net Periodic Benefit Cost Credit
DefinedBenefitPlanActuarialGainLossImmediateRecognitionAsComponentInNetPeriodicBenefitCostCredit
-18500000 USD
CY2019 us-gaap Defined Benefit Plan Actuarial Gain Loss Immediate Recognition As Component In Net Periodic Benefit Cost Credit
DefinedBenefitPlanActuarialGainLossImmediateRecognitionAsComponentInNetPeriodicBenefitCostCredit
4100000 USD
CY2021 us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
900000 USD
CY2020 us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
11100000 USD
CY2019 us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
0 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
167800000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
167100000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
160600000 USD
CY2021 us-gaap Interest Expense
InterestExpense
58800000 USD
CY2020 us-gaap Interest Expense
InterestExpense
67600000 USD
CY2019 us-gaap Interest Expense
InterestExpense
72100000 USD
CY2021 us-gaap Investment Income Interest
InvestmentIncomeInterest
2300000 USD
CY2020 us-gaap Investment Income Interest
InvestmentIncomeInterest
3700000 USD
CY2019 us-gaap Investment Income Interest
InvestmentIncomeInterest
4900000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
476600000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
396300000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
472400000 USD
CY2021Q4 us-gaap Assets
Assets
5170700000 USD
CY2020Q4 us-gaap Assets
Assets
5041600000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
148300000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
121600000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
140600000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
167800000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
167100000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
160600000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
1055300000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
1035600000 USD
CY2021 us-gaap Income Tax Reconciliation Tax Contingencies Foreign
IncomeTaxReconciliationTaxContingenciesForeign
15400000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Contingencies Foreign
IncomeTaxReconciliationTaxContingenciesForeign
22500000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
125800000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
144100000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
190700000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
350800000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
252200000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
281700000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
476600000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
396300000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
472400000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
8100000 USD
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4000000.0 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
40300000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
20800000 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3900000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
7900000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4800000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
98200000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
78900000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
81000000.0 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
110200000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
127100000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
106600000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-5200000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-19500000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
39800000 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-3400000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1300000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
6500000 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-6500000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-2400000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-55200000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-15100000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-23200000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-8900000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
95100000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
103900000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
97700000 USD
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
100700000 USD
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
119300000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
118600000 USD
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
100100000 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
83200000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
99200000 USD
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4800000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
7400000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Contingencies Foreign
IncomeTaxReconciliationTaxContingenciesForeign
26400000 USD
CY2021 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
100000 USD
CY2020 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
100000 USD
CY2019 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
6000000.0 USD
CY2021 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-2600000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-2500000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-3200000 USD
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
15400000 USD
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
11100000 USD
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
12600000 USD
CY2021 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
11500000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
13800000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
18300000 USD
CY2021 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
-7700000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
3400000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
11100000 USD
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-7800000 USD
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-700000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-44500000 USD
CY2021 tkr Effective Income Tax Rate Reconciliation Deferred Tax Assets Related To Branch Operations Amount
EffectiveIncomeTaxRateReconciliationDeferredTaxAssetsRelatedToBranchOperationsAmount
0 USD
CY2020 tkr Effective Income Tax Rate Reconciliation Deferred Tax Assets Related To Branch Operations Amount
EffectiveIncomeTaxRateReconciliationDeferredTaxAssetsRelatedToBranchOperationsAmount
0 USD
CY2019 tkr Effective Income Tax Rate Reconciliation Deferred Tax Assets Related To Branch Operations Amount
EffectiveIncomeTaxRateReconciliationDeferredTaxAssetsRelatedToBranchOperationsAmount
5300000 USD
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-8100000 USD
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-3100000 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-1800000 USD
CY2021 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-1700000 USD
CY2020 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
800000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-5000000.0 USD
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-5700000 USD
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-6900000 USD
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-3900000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
95100000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
103900000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
97700000 USD
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.200
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.262
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.207
CY2021 us-gaap Valuation Allowances And Reserves Adjustments
ValuationAllowancesAndReservesAdjustments
7800000 USD
CY2019 us-gaap Valuation Allowances And Reserves Adjustments
ValuationAllowancesAndReservesAdjustments
44500000 USD
CY2019Q4 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
5300000 USD
CY2021 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
100000 USD
CY2020 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
100000 USD
CY2021Q4 tkr Earnings Reinvested Outsideof U.S.
EarningsReinvestedOutsideofU.S.
1249100000 USD
CY2020Q4 tkr Earnings Reinvested Outsideof U.S.
EarningsReinvestedOutsideofU.S.
810300000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
12400000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
15400000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
369100000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
49900000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
57400000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Other
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther
15700000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Other
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther
11000000.0 USD
CY2021Q4 tkr Deferred Tax Assets Tax Loss And Credit Carryforwards
DeferredTaxAssetsTaxLossAndCreditCarryforwards
83200000 USD
CY2020Q4 tkr Deferred Tax Assets Tax Loss And Credit Carryforwards
DeferredTaxAssetsTaxLossAndCreditCarryforwards
90200000 USD
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
63900000 USD
CY2020Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
46700000 USD
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
31000000.0 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
36700000 USD
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
194100000 USD
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
184000000.0 USD
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
247900000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
255700000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
53800000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
71700000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
36100000 USD
CY2021Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
3200000 USD
CY2021Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
8900000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
45600000 USD
CY2020Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
8600000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
38900000 USD
CY2019Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
5000000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
45600000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
38900000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
26000000.0 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1600000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
2200000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3600000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
3700000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
8700000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
11700000 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
8100000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1000000.0 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1100000 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1700000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
300000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1200000 USD
CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
5000000.0 USD
CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2900000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
100000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
36100000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
45600000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
38900000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
284500000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
362100000 USD
CY2021 tkr Less Undistributed Earnings Loss Allocated To Nonvested Stock
LessUndistributedEarningsLossAllocatedToNonvestedStock
0 USD
CY2020 tkr Less Undistributed Earnings Loss Allocated To Nonvested Stock
LessUndistributedEarningsLossAllocatedToNonvestedStock
0 USD
CY2019 tkr Less Undistributed Earnings Loss Allocated To Nonvested Stock
LessUndistributedEarningsLossAllocatedToNonvestedStock
0 USD
CY2021 tkr Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
369100000 USD
CY2020 tkr Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
284500000 USD
CY2019 tkr Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
362100000 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75885316 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75354280 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75758123 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1121273 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1047086 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1138442 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
77006589 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
76401366 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
76896565 shares
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.86
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.78
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.78
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.79
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.72
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.71
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
676627 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1016435 shares
CY2021Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
38000000.0 USD
CY2020Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
34800000 USD
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
121800000 USD
CY2020Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
99500000 USD
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
418400000 USD
CY2020Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
320300000 USD
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
527800000 USD
CY2020Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
441200000 USD
CY2021Q4 us-gaap Inventory Gross
InventoryGross
1106000000 USD
CY2020Q4 us-gaap Inventory Gross
InventoryGross
895800000 USD
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
63300000 USD
CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
54500000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
1042700000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
841300000 USD
CY2021Q4 us-gaap Percentage Of Fifo Inventory
PercentageOfFIFOInventory
0.59
CY2021Q4 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.41
CY2021Q4 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
199400000 USD
CY2020Q4 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
172100000 USD
CY2021Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
27300000 USD
CY2020Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
3200000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
2806500000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
2741500000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
1751200000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
1705900000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
1055300000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
1035600000 USD
CY2021 us-gaap Depreciation
Depreciation
113300000 USD
CY2020 us-gaap Depreciation
Depreciation
110900000 USD
CY2019 us-gaap Depreciation
Depreciation
103300000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
1047600000 USD
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
5400000 USD
CY2021 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
-30300000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
1022700000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
993700000 USD
CY2020 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
45500000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
1047600000 USD
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1087800000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
550400000 USD
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
26200000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
27200000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
4400000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
537400000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1104700000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
501000000.0 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
603700000 USD
CY2021Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
131400000 USD
CY2021Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
131400000 USD
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
137700000 USD
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
137700000 USD
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1219200000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
550400000 USD
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
668800000 USD
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1242400000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
501000000.0 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
741400000 USD
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
54500000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
56200000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
57300000 USD
CY2021 tkr Amortization Of Intangible Assets Acquired
AmortizationOfIntangibleAssetsAcquired
46800000 USD
CY2020 tkr Amortization Of Intangible Assets Acquired
AmortizationOfIntangibleAssetsAcquired
47300000 USD
CY2019 tkr Amortization Of Intangible Assets Acquired
AmortizationOfIntangibleAssetsAcquired
46700000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
49100000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
46100000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
44000000.0 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
42800000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
41400000 USD
CY2021Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
70300000 USD
CY2020Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
41100000 USD
CY2021Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
11700000 USD
CY2020Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
9400000 USD
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
26200000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
27200000 USD
CY2021Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
10800000 USD
CY2020Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
9600000 USD
CY2021Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
7000000.0 USD
CY2020Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
8000000.0 USD
CY2021Q4 tkr Accrual For Taxes Other Than Income Taxes And Payroll Taxes Current
AccrualForTaxesOtherThanIncomeTaxesAndPayrollTaxesCurrent
16000000.0 USD
CY2020Q4 tkr Accrual For Taxes Other Than Income Taxes And Payroll Taxes Current
AccrualForTaxesOtherThanIncomeTaxesAndPayrollTaxesCurrent
15700000 USD
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
10800000 USD
CY2020Q4 us-gaap Interest Payable Current
InterestPayableCurrent
10800000 USD
CY2021Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
97800000 USD
CY2020Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
92300000 USD
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
250600000 USD
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
214100000 USD
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
34100000 USD
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
36000000.0 USD
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2300000 USD
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1500000 USD
CY2021 us-gaap Lease Cost
LeaseCost
36400000 USD
CY2020 us-gaap Lease Cost
LeaseCost
37500000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
118900000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
118200000 USD
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
77600000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
75500000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
103800000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
102700000 USD
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
5300000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
5300000 USD
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1400000 USD
CY2020Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
800000 USD
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
2900000 USD
CY2020Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
2900000 USD
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
4300000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
3700000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
12800000 USD
CY2021Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
100000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
29200000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
2000000.0 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
22100000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
1200000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
16100000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
700000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
13200000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
400000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
10500000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
100000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
25500000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
116600000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
103800000 USD
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
4300000 USD
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
32900000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
35700000 USD
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2200000 USD
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1200000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
22900000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
39900000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1200000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
900000 USD
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y4M24D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y1M6D
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y10M24D
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y10M24D
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0330
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0369
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0271
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0255
CY2021Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
42600000 USD
CY2020Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
119800000 USD
CY2021Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.009
CY2020Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.010
CY2019Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.028
CY2021Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.006
CY2020Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.008
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
1422300000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
1444800000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
11200000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
10900000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1411100000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1433900000 USD
CY2021Q4 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
42800000 USD
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
4300000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
11200000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
9800000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
305300000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
359300000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1000000.0 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
735700000 USD
CY2021 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
56500000 USD
CY2020 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
65200000 USD
CY2019 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
67400000 USD
CY2021 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
2600000 USD
CY2020 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1500000 USD
CY2019 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1100000 USD
CY2021Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
6000000.0 USD
CY2020Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
5300000 USD
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
11700000 USD
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
9400000 USD
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
9400000 USD
CY2019Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
7500000 USD
CY2021 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
10100000 USD
CY2020 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
9400000 USD
CY2021 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
7800000 USD
CY2020 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
7500000 USD
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
11700000 USD
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
9400000 USD
CY2021 us-gaap Deferred Compensation Arrangement With Individual Shares Issued
DeferredCompensationArrangementWithIndividualSharesIssued
5350 shares
CY2021Q4 tkr Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Shares Expected To Settle In Cash Amount Accrued
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsSharesExpectedToSettleInCashAmountAccrued
900000 USD
CY2020Q4 tkr Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Shares Expected To Settle In Cash Amount Accrued
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsSharesExpectedToSettleInCashAmountAccrued
1000000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
9.58
CY2021 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
4500000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0246
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0252
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
25500000 USD
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
24400000 USD
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
17300000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2000000.0 USD
CY2021 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
1500000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3600000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
2700000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4900000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
3700000 USD
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2829
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1904749 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
40.53
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
674705 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
38.55
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
12099 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
43.16
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1217945 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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41.59
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
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CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
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6400000 shares
CY2021 us-gaap Restructuring Costs And Asset Impairment Charges
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4500000 USD
CY2021 us-gaap Severance Costs1
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CY2021 us-gaap Restructuring Settlement And Impairment Provisions
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CY2020 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
400000 USD
CY2020 us-gaap Severance Costs1
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19600000 USD
CY2020 us-gaap Business Exit Costs1
BusinessExitCosts1
1200000 USD
CY2020 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
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CY2019 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
2600000 USD
CY2019 us-gaap Severance Costs1
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3000000.0 USD
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1200000 USD
CY2019 us-gaap Restructuring Settlement And Impairment Provisions
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4400000 USD
CY2020 us-gaap Restructuring Reserve Period Increase Decrease
RestructuringReservePeriodIncreaseDecrease
20800000 USD
CY2021 us-gaap Payments For Restructuring
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5400000 USD
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DefinedBenefitPlanContributionsByEmployer
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CY2020 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
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OtherComprehensiveIncomeLossNetOfTax
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OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2021Q4 us-gaap Long Term Debt Fair Value
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CY2021 us-gaap Maximum Length Of Time Hedged In Cash Flow Hedge1
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P18M
CY2021 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
3600000 USD
CY2020 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-3700000 USD
CY2019 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
5900000 USD
CY2021Q4 tkr Expenditures As A Percentage Of Sales
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0.023
CY2020Q4 tkr Expenditures As A Percentage Of Sales
ExpendituresAsAPercentageOfSales
0.022
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0.024
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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RevenueFromContractWithCustomerExcludingAssessedTax
1062900000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1037300000 USD
CY2021Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1007300000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4132900000 USD
CY2021Q1 us-gaap Gross Profit
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299200000 USD
CY2021Q2 us-gaap Gross Profit
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302300000 USD
CY2021Q3 us-gaap Gross Profit
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267900000 USD
CY2021Q4 us-gaap Gross Profit
GrossProfit
233100000 USD
CY2021 us-gaap Gross Profit
GrossProfit
1102500000 USD
CY2021Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
144500000 USD
CY2021Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
149000000.0 USD
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SellingGeneralAndAdministrativeExpense
140700000 USD
CY2021Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
146300000 USD
CY2021 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
580500000 USD
CY2021Q1 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
4000000.0 USD
CY2021Q2 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
1300000 USD
CY2021Q3 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
2900000 USD
CY2021Q4 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
700000 USD
CY2021 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
8900000 USD
CY2021Q1 us-gaap Profit Loss
ProfitLoss
116000000.0 USD
CY2021Q2 us-gaap Profit Loss
ProfitLoss
107200000 USD
CY2021Q3 us-gaap Profit Loss
ProfitLoss
91600000 USD
CY2021Q4 us-gaap Profit Loss
ProfitLoss
66700000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
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CY2021Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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2700000 USD
CY2021Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2400000 USD
CY2021Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3500000 USD
CY2021Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3800000 USD
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
12400000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
113300000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
104800000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
88100000 USD
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
62900000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
369100000 USD
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.49
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EarningsPerShareBasic
1.38
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EarningsPerShareBasic
1.16
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EarningsPerShareBasic
0.83
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EarningsPerShareBasic
4.86
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1.47
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EarningsPerShareDiluted
1.36
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EarningsPerShareDiluted
1.14
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EarningsPerShareDiluted
0.82
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.79
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.29
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2021Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.19
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
803500000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
894600000 USD
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
891700000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3513200000 USD
CY2020Q1 us-gaap Gross Profit
GrossProfit
278900000 USD
CY2020Q2 us-gaap Gross Profit
GrossProfit
230300000 USD
CY2020Q3 us-gaap Gross Profit
GrossProfit
263700000 USD
CY2020Q4 us-gaap Gross Profit
GrossProfit
237000000.0 USD
CY2020 us-gaap Gross Profit
GrossProfit
1009900000 USD
CY2020Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
153600000 USD
CY2020Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
111800000 USD
CY2020Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
132700000 USD
CY2020Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
135700000 USD
CY2020 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
533800000 USD
CY2020Q1 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
3600000 USD
CY2020Q2 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
3100000 USD
CY2020Q3 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
12000000.0 USD
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RestructuringSettlementAndImpairmentProvisions
2500000 USD
CY2020 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
21200000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
84000000.0 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
61800000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
91300000 USD
CY2020Q4 us-gaap Profit Loss
ProfitLoss
55300000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
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CY2020Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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3300000 USD
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NetIncomeLossAttributableToNoncontrollingInterest
2500000 USD
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NetIncomeLossAttributableToNoncontrollingInterest
2200000 USD
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
7900000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
80700000 USD
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NetIncomeLoss
61900000 USD
CY2020Q3 us-gaap Net Income Loss
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88800000 USD
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
53100000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
284500000 USD
CY2020Q1 us-gaap Earnings Per Share Basic
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1.07
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EarningsPerShareBasic
0.82
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EarningsPerShareBasic
1.18
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.70
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.78
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.06
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.82
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.16
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.69
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.72
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.28
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.28
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.28
CY2020Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.29
CY2020 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.13
CY2021Q2 us-gaap Defined Benefit Plan Actuarial Gain Loss Immediate Recognition As Component In Net Periodic Benefit Cost Credit
DefinedBenefitPlanActuarialGainLossImmediateRecognitionAsComponentInNetPeriodicBenefitCostCredit
-3500000 USD
CY2021Q3 us-gaap Defined Benefit Plan Actuarial Gain Loss Immediate Recognition As Component In Net Periodic Benefit Cost Credit
DefinedBenefitPlanActuarialGainLossImmediateRecognitionAsComponentInNetPeriodicBenefitCostCredit
-3900000 USD
CY2021Q4 us-gaap Defined Benefit Plan Actuarial Gain Loss Immediate Recognition As Component In Net Periodic Benefit Cost Credit
DefinedBenefitPlanActuarialGainLossImmediateRecognitionAsComponentInNetPeriodicBenefitCostCredit
8000000 USD
CY2021 us-gaap Valuation Allowances And Reserves Adjustments
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7800000 USD
CY2020Q2 us-gaap Defined Benefit Plan Actuarial Gain Loss Immediate Recognition As Component In Net Periodic Benefit Cost Credit
DefinedBenefitPlanActuarialGainLossImmediateRecognitionAsComponentInNetPeriodicBenefitCostCredit
-8800000 USD
CY2020Q3 us-gaap Defined Benefit Plan Actuarial Gain Loss Immediate Recognition As Component In Net Periodic Benefit Cost Credit
DefinedBenefitPlanActuarialGainLossImmediateRecognitionAsComponentInNetPeriodicBenefitCostCredit
11900000 USD
CY2020Q3 us-gaap Restructuring Settlement And Impairment Provisions
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12000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Actuarial Gain Loss Immediate Recognition As Component In Net Periodic Benefit Cost Credit
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-21600000 USD
CY2021 dei Auditor Name
AuditorName
Ernst & Young LLP
CY2021 dei Auditor Location
AuditorLocation
Cleveland, Ohio

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tkr-20211231.htm Edgar Link pending
tkr-20211231.xsd Edgar Link pending
tkr-20211231_cal.xml Edgar Link unprocessable
tkr-20211231_def.xml Edgar Link unprocessable
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tkr-20211231_htm.xml Edgar Link completed
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tkr-20211231_pre.xml Edgar Link unprocessable
tkr123121exhibit101.htm Edgar Link pending
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