TIMKEN CO
For the period ended Dec 31, 2023. Filed Feb 26, 2024.
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FY2023 · Filed Feb 26, 2024
TKR$109.19+0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Comprehensive Income
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| (Dollars in millions) | |||
| Net Income | $408.0 | $417.0 | $381.5 |
| Other comprehensive income (loss), net of tax: | |||
| Foreign currency translation adjustments | 33.5 | (162.7) | (63.7) |
| Pension and postretirement liability adjustments | (6.1) | (5.8) | (6.8) |
| Change in fair value of derivative financial instruments | (0.8) | 2.3 | 4.8 |
| Other comprehensive income (loss), net of tax | 26.6 | (166.2) | (65.7) |
| Comprehensive Income, net of tax | 434.6 | 250.8 | 315.8 |
| Less: comprehensive income attributable to noncontrolling interest | 12.1 | 2.3 | 11.0 |
| Comprehensive Income Attributable to The Timken Company | $422.5 | $248.5 | $304.8 |
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