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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 28, 2019
Dec. 29, 2018
Dec. 30, 2017
Income Statement [Abstract]      
Net Sales $ 3,238.0 $ 3,645.6 $ 3,360.3
Cost of Sales 2,377.3 2,681.0 2,476.7
Gross Profit 860.7 964.6 883.6
Operating Expenses 544.3 599.4 552.6
Goodwill Impairment 0.0 9.5 0.0
Asset Impairments 10.0 8.7 0.0
Gain on Sale of Businesses 44.7 0.0 0.1
Total Operating Expenses 509.6 617.6 552.5
Income from Operations 351.1 347.0 331.1
Other (Income) Expenses, net (0.1) 1.5 1.0
Interest Expense 53.0 55.2 56.1
Interest Income 5.6 1.9 3.2
Income before Taxes 303.8 292.2 277.2
Provision for Income Taxes 61.2 56.4 59.1
Net Income 242.6 235.8 218.1
Less: Net Income Attributable to Noncontrolling Interests 3.7 4.6 5.1
Net Income Attributable to Regal Beloit Corporation $ 238.9 $ 231.2 $ 213.0
Earnings Per Share Attributable to Regal Beloit Corporation:      
Basic (in dollars per share) $ 5.69 $ 5.30 $ 4.78
Assuming Dilution (in dollars per share) $ 5.66 $ 5.26 $ 4.74
Weighted Average Number of Shares Outstanding:      
Basic (in shares) 42.0 43.6 44.6
Assuming Dilution (in shares) 42.2 43.9 44.9