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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Income Statement [Abstract]    
Net Sales $ 734.2 $ 853.8
Cost of Sales 530.9 619.2
Gross Profit 203.3 234.6
Operating Expenses 131.9 145.2
Gain on Divestiture of Businesses (0.1) (41.2)
Asset Impairments 1.5 10.0
Total Operating Expenses 133.3 114.0
Other (Income) Expenses, net 70.0 120.6
Other (Income) Expenses, net (1.1) 0.1
Interest Expense 11.6 13.6
Interest Income 1.1 1.1
Income before Taxes 60.6 108.0
Provision for Income Taxes 13.9 21.2
Net Income 46.7 86.8
Less: Net Income Attributable to Noncontrolling Interests 0.9 0.9
Net Income Attributable to Regal Beloit Corporation $ 45.8 $ 85.9
Earnings Per Share Attributable to Regal Beloit Corporation:    
Basic (in dollars per share) $ 1.13 $ 2.01
Assuming Dilution (in dollars per share) $ 1.12 $ 1.99
Weighted Average Number of Shares Outstanding:    
Basic (in shares) 40.6 42.8
Assuming Dilution (in shares) 40.8 43.1