TIMKEN CO TKR Balance Sheet

Timken co (TKR)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
ASSETS
Current Assets
Cash and cash equivalents
387	209	181	166	239	132	153	145	116	121	137	445	129	148	129	156	137	129	155	236	154	278	238	294	248	384	418	396	457	586	485	509	355	464	402	632	637	877	899	796	755
Restricted cash
6	6	0	0	0	0	1	1	3	3	3	2	2	2	2	0	0	0	14	19	14	15	15	15	15	15	-	-	-	15	0	0	3	3	3	4	4	0	-	-	-
Accounts receivable, less allowances (2019 – $19.7 million; 2018 – $21.9 million)
577	545	548	589	611	546	548	530	535	524	542	501	492	438	452	452	465	454	469	487	491	475	488	486	618	444	593	624	607	546	629	715	762	645	715	718	672	516	552	500	411
Unbilled Receivables, Asset, Net
137	129	151	153	123	116	137	127	111	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventories, net
819	842	805	843	839	835	841	777	776	738	687	617	566	553	575	555	551	543	595	574	580	585	618	625	829	582	856	818	833	862	928	943	993	964	949	928	917	828	771	699	671
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	48	49	49	49	51	66	69	56	80	69	80	86	115	112	113	113	99	100	100	100	62	60	61
Deferred charges and prepaid expenses
35	36	30	29	32	28	28	25	29	29	39	37	25	20	20	20	25	22	25	23	27	25	20	21	29	26	32	31	34	12	12	12	15	12	11	12	14	11	14	13	11
Other current assets
127	105	90	83	73	77	76	92	73	81	64	55	53	48	46	52	95	56	70	45	46	51	66	52	59	61	69	62	60	52	61	70	73	88	83	72	70	65	69	45	111
Disposal Group, Including Discontinued Operation, Assets, Current
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	366	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Assets
2,092	1,874	1,807	1,866	1,919	1,737	1,786	1,699	1,645	1,500	1,474	1,659	1,270	1,211	1,226	1,237	1,274	1,206	1,378	1,436	1,363	1,481	1,499	1,562	1,869	1,937	2,050	2,003	2,073	2,162	2,233	2,365	2,316	2,292	2,266	2,470	2,417	2,399	2,368	2,114	2,022
Property, Plant and Equipment, net
961	989	906	912	896	912	886	834	865	864	842	811	807	804	796	772	780	777	783	759	760	780	833	838	1,559	855	1,498	1,469	1,423	1,405	1,344	1,320	1,313	1,308	1,242	1,243	1,250	1,267	1,256	1,263	1,335
Operating Lease, Right-of-Use Asset
112	114	115	117	114	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets for Plan Benefits, Defined Benefit Plan
7	3	11	10	10	6	21	26	23	19	31	31	30	32	84	85	88	86	114	112	109	176	259	250	352	223	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Other Assets, Miscellaneous, Noncurrent
0	36	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Assets
Goodwill
987	993	954	969	953	960	965	493	515	511	510	373	358	357	359	328	328	327	327	257	256	259	260	349	358	346	359	362	345	338	332	332	311	332	283	226	225	224	228	218	221
Other intangible assets
735	758	702	731	713	733	743	389	414	420	428	288	264	271	274	258	265	271	277	225	230	239	188	203	214	207	222	226	225	224	221	226	253	235	230	124	127	129	125	127	132
Deferred Income Tax Assets, Net
67	71	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Defined Benefit Plan, Amounts for Asset (Liability) Recognized in Statement of Financial Position
-	-	23	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Tax Assets, Net of Valuation Allowance, Noncurrent
-	-	27	49	49	59	52	55	58	61	47	46	50	51	50	62	64	65	18	36	35	11	7	8	10	-	25	6	58	74	45	121	133	117	55	68	116	121	231	234	248
Other Assets, Noncurrent
15	18	16	17	22	37	43	29	25	25	28	28	33	34	27	50	48	49	47	61	64	52	57	53	54	58	37	38	38	39	41	39	45	40	44	42	43	38	38	46	46
Disposal Group, Including Discontinued Operation, Assets, Noncurrent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	849	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Other Assets
1,926	1,996	1,736	1,778	1,750	1,795	1,826	993	1,038	1,038	1,047	767	737	746	795	784	795	799	784	692	696	739	773	864	988	1,684	644	634	668	676	640	719	743	725	614	461	512	513	623	627	649
Total Assets
4,980	4,859	4,565	4,674	4,680	4,445	4,499	3,528	3,549	3,402	3,363	3,238	2,815	2,763	2,819	2,794	2,850	2,784	2,946	2,887	2,820	3,001	3,106	3,265	4,418	4,477	4,192	4,106	4,165	4,244	4,218	4,404	4,373	4,327	4,123	4,175	4,180	4,180	4,249	4,005	4,006
LIABILITIES AND EQUITY
Current Liabilities
Short-term debt
109	17	34	37	26	33	37	162	167	105	41	49	32	19	22	13	0	62	83	82	3	7	8	63	22	18	21	7	7	14	12	8	13	22	14	22	31	22	3	5	26
Current portion of long-term debt
64	64	61	9	9	9	11	2	2	2	5	5	5	5	0	15	15	15	15	0	0	0	0	251	250	250	250	0	9	9	14	12	12	14	6	7	7	9	10	12	17
Operating Lease, Liability, Current
28	28	28	29	29	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable, trade
296	301	265	291	294	273	282	253	266	265	248	233	226	176	184	172	177	159	176	170	168	143	185	178	266	139	252	241	229	216	270	283	310	287	308	314	320	263	257	220	156
Salaries, wages and benefits
88	134	116	134	120	174	133	111	96	127	112	93	72	85	89	92	84	102	110	104	107	146	156	128	163	131	184	164	164	213	213	202	186	259	229	203	174	228	218	183	142
Income taxes payable
15	17	23	26	41	23	19	15	12	9	7	6	25	16	12	34	30	13	75	91	108	80	67	52	123	106	109	84	95	33	112	140	121	45	96	23	47	14	54	-	0
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	7	7	-	7	7	7	2	3	3	3	3	1	0	0	0	9	9	9
Other current liabilities
168	172	174	168	162	171	172	166	156	160	154	149	137	149	142	147	134	153	145	146	132	155	136	168	148	180	153	157	161	177	171	176	168	188	189	183	160	172	162	160	189
Disposal Group, Including Discontinued Operation, Liabilities, Current
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	152	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Liabilities
769	736	704	696	683	685	656	711	702	671	568	537	498	452	450	475	442	505	605	594	519	533	562	849	982	980	978	662	676	667	797	827	816	819	845	755	743	711	715	590	540
Non-Current Liabilities
Long-term debt
1,785	1,648	1,553	1,642	1,746	1,638	1,681	881	896	854	959	947	600	635	641	604	673	579	625	555	519	522	522	176	206	176	205	455	455	455	461	473	478	478	490	490	483	481	479	476	469
Accrued pension cost
164	165	167	162	161	161	171	165	168	167	160	158	155	154	148	147	149	146	158	157	158	165	133	138	167	159	230	245	266	391	158	278	388	491	89	154	241	394	554	568	690
Accrued postretirement benefits cost
44	31	36	109	109	108	134	122	122	122	126	127	130	131	130	132	133	136	130	133	137	141	123	129	226	138	354	360	365	371	333	389	392	395	395	448	529	531	594	597	604
Operating Lease, Liability, Noncurrent
70	71	72	73	71	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Income Tax Liabilities, Net
158	168	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	131	128	126	138	152	40	44	44	44	3	3	3	3	3	3	3	3	-	-	4	77	120	166	82	10	10	8	4	6	6	6	7	5	6	6	6	6	6	6
Other non-current liabilities
85	84	81	78	75	70	62	54	72	67	47	44	73	74	79	72	72	68	70	75	69	44	43	46	53	55	45	43	68	107	114	114	92	91	70	113	111	114	104	107	100
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	236	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities
2,309	2,168	2,043	2,194	2,291	2,116	2,202	1,264	1,304	1,255	1,339	1,281	962	999	1,002	960	1,031	934	989	922	884	878	900	611	821	849	847	1,115	1,165	1,329	1,074	1,261	1,358	1,465	1,052	1,212	1,371	1,527	1,739	1,756	1,870
Shareholders' Equity
Class I and II Serial Preferred Stock, without par value: Authorized – 10,000,000 shares each class, none issued
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common Stock, Value, Outstanding
53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53	53
Other paid-in capital
920	937	945	941	938	951	945	907	901	903	898	893	891	906	905	901	901	905	901	896	895	899	895	905	899	896	891	889	890	891	887	884	884	889	885	883	880	881	876	874	843
Earnings invested in the business
1,964	1,907	1,815	1,772	1,700	1,630	1,595	1,545	1,475	1,408	1,400	1,367	1,306	1,289	1,524	1,524	1,499	1,457	1,514	1,472	1,458	1,615	1,594	1,642	2,646	2,586	2,555	2,524	2,464	2,411	2,358	2,299	2,137	2,004	1,915	1,823	1,721	1,626	1,553	1,495	1,402
Accumulated other comprehensive loss
-118	-50	-80	-97	-101	-95	-88	-69	-29	-38	-41	-50	-60	-77	-264	-281	-271	-287	-411	-396	-405	-482	-408	-397	-614	-626	-953	-985	-998	-1,013	-854	-882	-853	-889	-619	-559	-585	-624	-676	-743	-717
Treasury shares at cost (2018 - 19,152,333 shares; 2017 - 20,672,133 shares)
1,001	979	988	957	952	960	924	913	890	884	887	877	869	891	878	864	833	804	722	672	598	509	505	412	383	273	193	170	100	110	112	52	38	29	29	11	22	11	30	39	4
Total Shareholders' Equity
1,817	1,868	1,744	1,711	1,638	1,579	1,579	1,521	1,510	1,442	1,423	1,387	1,321	1,279	1,339	1,333	1,349	1,324	1,334	1,353	1,403	1,576	1,629	1,790	2,601	2,636	2,353	2,311	2,308	2,232	2,331	2,301	2,183	2,028	2,204	2,188	2,048	1,925	1,777	1,639	1,577
Noncontrolling Interest
82	86	72	72	67	63	60	30	31	32	32	32	33	31	26	25	25	20	17	17	13	12	14	13	12	12	13	16	14	14	14	14	14	14	20	17	18	16	16	18	18
Total Equity
1,900	1,954	1,817	1,783	1,705	1,642	1,640	1,552	1,542	1,474	1,455	1,419	1,354	1,310	1,366	1,359	1,375	1,344	1,351	1,371	1,416	1,589	1,643	1,804	2,614	2,648	2,367	2,327	2,322	2,246	2,345	2,315	2,198	2,042	2,224	2,206	2,066	1,941	1,794	1,658	1,595
Total Liabilities and Shareholders' Equity
4,980	4,859	4,565	4,674	4,680	4,445	4,499	3,528	3,549	3,402	3,363	3,238	2,815	2,763	2,819	2,794	2,850	2,784	2,946	2,887	2,820	3,001	3,106	3,265	4,418	4,477	4,192	4,106	4,165	4,244	4,218	4,404	4,373	4,327	4,123	4,175	4,180	4,180	4,249	4,005	4,006