Timken TKR Process — Payments to acquire property, plant, and equipment
Discontinued — last reported Q4 '22
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Where this comes from
Reported directly by Timken in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.
The official record: Timken’s 10-K, filed February 16, 2023, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Timken's process — payments to acquire property, plant, and equipment?
- Timken (TKR) reported process — payments to acquire property, plant, and equipment of $26.45M in Q4 2022.
- How has Timken's process — payments to acquire property, plant, and equipment changed year-over-year?
- Timken's process — payments to acquire property, plant, and equipment increased by 10.9% year-over-year, from $23.85M to $26.45M.
- What does process — payments to acquire property, plant, and equipment mean?
- Reflects the cash outflows directed toward capital expenditures for the Process industries segment, such as machinery, facilities, and manufacturing technology. This metric indicates the level of reinvestment in the business to maintain or expand production capacity. It is a critical indicator of the company's long-term commitment to the segment's growth and operational modernization.