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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Oct. 02, 2021
Sep. 26, 2020
Oct. 02, 2021
Sep. 26, 2020
Income Statement [Abstract]        
Net Sales $ 892.7 $ 758.2 $ 2,593.7 $ 2,126.5
Cost of Sales 638.1 536.6 1,842.2 1,531.3
Gross Profit 254.6 221.6 751.5 595.2
Operating Expenses 144.4 131.6 432.9 385.1
Gain on Divestiture of Businesses 0.0 0.0 0.0 (0.1)
Asset Impairments 2.8 0.0 5.1 4.3
Total Operating Expenses 147.2 131.6 438.0 389.3
Income from Operations 107.4 90.0 313.5 205.9
Other Income, Net (1.2) (1.1) (3.6) (3.3)
Interest Expense 22.0 9.0 46.1 31.2
Interest Income (2.3) (1.3) (5.5) (3.8)
Income before Taxes 88.9 83.4 276.5 181.8
Provision for Income Taxes 17.8 17.1 57.2 39.5
Net Income 71.1 66.3 219.3 142.3
Less: Net Income Attributable to Noncontrolling Interests 1.6 1.3 4.6 3.4
Net Income Attributable to Regal Rexnord Corporation $ 69.5 $ 65.0 $ 214.7 $ 138.9
Earnings Per Share Attributable to Regal Rexnord Corporation:        
Basic (in dollars per share) $ 1.71 $ 1.60 $ 5.28 $ 3.42
Assuming Dilution (in dollars per share) $ 1.70 $ 1.60 $ 5.24 $ 3.41
Weighted Average Number of Shares Outstanding:        
Basic (in shares) 40.7 40.6 40.7 40.6
Assuming Dilution (in shares) 41.0 40.8 41.0 40.7