The Timken Company (TKR) 8-K Results of Operations and Financial Condition

The Timken Company Revised Segment Results																												Exhibit 99.1
	AS ORIGINALLY REPORTED															AS REVISED
(Dollars in millions)	1st Qtr 2011			2nd Qtr 2011			3rd Qtr 2011			4th Qtr 2011			Full Year 2011			1st Qtr 2011			2nd Qtr 2011			3rd Qtr 2011			4th Qtr 2011			Full Year 2011
Net sales to external customers:
Mobile Industries	$	442.9		$	465.1		$	441.3		$	419.6		$	1,768.9		$	442.9		$	465.1		$	441.3		$	419.6		$	1,768.9
Process Industries		284.1			307.5			328.1			320.8			1,240.5			284.1			307.5			328.1			320.8			1,240.5
Aerospace and Defense		79.1			83.5			81.8			79.7			324.1			79.1			83.5			81.8			79.7			324.1
Steel		448.0			473.5			470.6			444.6			1,836.7			448.0			473.5			470.6			444.6			1,836.7
	$	1,254.1		$	1,329.6		$	1,321.8		$	1,264.7		$	5,170.2		$	1,254.1		$	1,329.6		$	1,321.8		$	1,264.7		$	5,170.2
Intersegment sales:
Mobile	$	0.1		$	0.1		$	0.3		$	—		$	0.5		$	0.1		$	0.1		$	0.3		$	—		$	0.5
Process Industries		0.9			0.8			0.8			1.6			4.1			0.9			0.8			0.8			1.6			4.1
Steel		33.5			31.6			30.9			23.8			119.8			33.5			31.6			30.9			23.8			119.8
	$	34.5		$	32.5		$	32.0		$	25.4		$	124.4		$	34.5		$	32.5		$	32.0		$	25.4		$	124.4
Segment EBIT
Mobile Industries	$	68.0		$	66.8		$	65.2		$	43.2		$	243.2		$	72.1		$	71.4		$	69.5		$	48.8		$	261.8
Process Industries		66.7			70.3			77.5			67.1			281.6			65.3			68.7			75.6			64.6			274.2
Aerospace and Defense		2.2			3.3			(1.5	)		3.6			7.6			1.6			2.5			(1.7	)		2.7			5.1
Steel		60.0			72.1			67.1			71.5			270.7			59.3			71.3			66.2			70.6			267.4
Total EBIT for reportable segments	$	196.9		$	212.5		$	208.3		$	185.4		$	803.1		$	198.3		$	213.9		$	209.6		$	186.7		$	808.5
Unallocated corporate expenses		(18.0	)		(20.4	)		(17.5	)		(19.5	)		(75.4	)		(19.3	)		(21.8	)		(18.8	)		(20.9	)		(80.8	)
Interest expense		(9.8	)		(9.3	)		(9.1	)		(8.6	)		(36.8	)		(9.8	)		(9.3	)		(9.1	)		(8.6	)		(36.8	)
Interest income		1.5			1.4			1.5			1.2			5.6			1.5			1.4			1.5			1.2			5.6
Intersegment adjustments		0.6			(0.4	)		(0.9	)		1.0			0.3			0.5			(0.4	)		(0.9	)		1.1			0.3
Income before income taxes	$	171.2		$	183.8		$	182.3		$	159.5		$	696.8		$	171.2		$	183.8		$	182.3		$	159.5		$	696.8