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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net Sales $ 1,477.4 $ 1,649.8 $ 4,572.7 $ 4,642.5
Cost of Sales 921.1 1,107.6 2,892.3 3,138.4
Gross Profit 556.3 542.2 1,680.4 1,504.1
Operating Expenses 382.2 388.9 1,172.7 1,127.9
Goodwill Impairment 0.0 57.3 0.0 57.3
Asset Impairments 0.0 3.7 1.5 6.1
Loss on Sale of Businesses 0.0 112.7 4.3 112.7
Total Operating Expenses 382.2 562.6 1,178.5 1,304.0
Income (Loss) from Operations 174.1 (20.4) 501.9 200.1
Interest Expense 98.0 111.5 305.1 323.3
Interest Income (5.1) (3.5) (13.2) (40.5)
Other (Income) Expense, Net (0.2) (2.5) 0.4 (6.7)
Income (Loss) before Taxes 81.4 (125.9) 209.6 (76.0)
Provision for Income Taxes 8.4 12.7 53.2 34.9
Net Income (Loss) 73.0 (138.6) 156.4 (110.9)
Less: Net Income Attributable to Noncontrolling Interests 0.3 0.9 1.4 2.4
Net Income (Loss) Attributable to Regal Rexnord Corporation $ 72.7 $ (139.5) $ 155.0 $ (113.3)
Earnings (Loss) Per Share Attributable to Regal Rexnord Corporation:        
Basic (in dollars per share) $ 1.09 $ (2.10) $ 2.33 $ (1.71)
Assuming Dilution (in dollars per share) $ 1.09 $ (2.10) $ 2.32 $ (1.71)
Weighted Average Number of Shares Outstanding:        
Basic (in shares) 66.4 66.3 66.4 66.3
Assuming Dilution (in shares) 66.7 66.3 66.8 66.3