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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Jan. 01, 2022
Income Statement [Abstract]      
Net Sales $ 6,250.7 $ 5,217.9 $ 3,810.3
Cost of Sales 4,183.4 3,548.2 2,698.7
Gross Profit 2,067.3 1,669.7 1,111.6
Operating Expenses 1,537.4 978.4 714.7
Goodwill Impairment 57.3 0.0 33.0
Asset Impairments 7.8 0.9 5.6
Loss on Assets Held for Sale 87.7 0.0 0.0
Total Operating Expenses 1,690.2 979.3 753.3
Income from Operations 377.1 690.4 358.3
Other Income, net (8.7) (5.4) (5.2)
Interest Expense 431.0 87.2 60.4
Interest Income (43.6) (5.2) (7.4)
(Loss) Income before Taxes (1.6) 613.8 310.5
Provision for Income Taxes 52.7 118.9 74.7
Net (Loss) Income (54.3) 494.9 235.8
Less: Net Income Attributable to Noncontrolling Interests 3.1 6.0 6.2
Net (Loss) Income Attributable to Regal Rexnord Corporation $ (57.4) $ 488.9 $ 229.6
(Loss) Earnings Per Share Attributable to Regal Rexnord Corporation:      
Basic (in dollars per share) $ (0.87) $ 7.33 $ 4.85
Assuming dilution (in dollars per share) $ (0.87) $ 7.29 $ 4.81
Weighted Average Number of Shares Outstanding:      
Basic (in shares) 66.3 66.7 47.3
Assuming dilution (in shares) 66.3 67.1 47.7