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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net Sales $ 1,649.8 $ 1,325.3 $ 4,642.5 $ 3,973.2
Cost of Sales 1,107.6 917.6 3,138.4 2,710.1
Gross Profit 542.2 407.7 1,504.1 1,263.1
Operating Expenses 388.9 233.8 1,127.9 724.4
Goodwill Impairment 57.3 0.0 57.3 0.0
Asset Impairments 3.7 0.0 6.1 0.0
Loss on Assets Held for Sale 112.7 0.0 112.7 0.0
Total Operating Expenses 562.6 233.8 1,304.0 724.4
(Loss) Income from Operations (20.4) 173.9 200.1 538.7
Interest Expense 111.5 21.4 323.3 43.8
Interest Income (3.5) (1.3) (40.5) (3.2)
Other Income, Net (2.5) (1.3) (6.7) (4.1)
(Loss) Income before Taxes (125.9) 155.1 (76.0) 502.2
Provision for Income Taxes 12.7 33.2 34.9 110.0
Net (Loss) Income (138.6) 121.9 (110.9) 392.2
Less: Net Income Attributable to Noncontrolling Interests 0.9 2.1 2.4 4.8
Net (Loss) Income Attributable to Regal Rexnord Corporation $ (139.5) $ 119.8 $ (113.3) $ 387.4
(Loss) Earnings Per Share Attributable to Regal Rexnord Corporation:        
Basic (in dollars per share) $ (2.10) $ 1.81 $ (1.71) $ 5.80
Assuming dilution (in dollars per share)   $ 1.80 $ (1.71) $ 5.76
Weighted Average Number of Shares Outstanding:        
Basic (in shares) 66.3 66.3 66.3 66.8
Assuming dilution (in shares) 66.3 66.7 66.3 67.2