Schedule II Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2023

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule II Valuation and Qualifying Accounts

SCHEDULE II

REGAL REXNORD CORPORATION

VALUATION AND QUALIFYING ACCOUNTS

	Balance Beginning of Year		Charged to Expenses		Deductions (a)		Adjustments (b)		Balance End of Year
	(Dollars in Millions)
Allowance for Credit Losses:
Fiscal 2023	$	30.9	$	(0.4)	$	(4.1)	$	3.9	$	30.3
Fiscal 2022	18.7		2.9		(1.7)		11.0		30.9
Fiscal 2021	18.3		0.8		(0.4)		—		18.7

(a) Deductions consist of write offs charged against the allowance for doubtful accounts.

(b) Adjustments for fiscal 2023 and 2022 consist of purchase accounting adjustment and translation. See Note 3 - Accounting Policies for additional information. Fiscal 2023 adjustments also include $5.8 million reclassified to Assets Held for Sale for the industrial motors and generators businesses within the Industrial Systems segment. See Note 4 - Assets Held for Sale, Acquisitions and Divestitures for more information.