10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000082811-23-000092 |
| Period End Date | 20230331 |
| Filing Date | 20230509 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | rbc-20230331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
84 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for doubtful accounts receivable |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$30.90M | USD | Point-in-time |
| Allowance for doubtful accounts receivable |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$29.70M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Cash and Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.14B | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Cash and Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$672.80M | USD | Point-in-time |
| Cash and Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$688.50M | USD | Point-in-time |
| Cash and Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$624.70M | USD | Point-in-time |
| Trade Receivables, Less Allowances of $29.7 million and $30.9 million in 2023 and 2022, Respectively |
AccountsReceivableNetCurrent
|
$1.03B | USD | Point-in-time |
| Trade Receivables, Less Allowances of $29.7 million and $30.9 million in 2023 and 2022, Respectively |
AccountsReceivableNetCurrent
|
$797.40M | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
66.30M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
66.20M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
66.20M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
66.30M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$1.34B | USD | Point-in-time |
| Inventories |
InventoryNet
|
$1.73B | USD | Point-in-time |
| Prepaid Expenses and Other Current Assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$150.90M | USD | Point-in-time |
| Prepaid Expenses and Other Current Assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$200.40M | USD | Point-in-time |
| Deferred Financing Fees |
DeferredFinanceCostsCurrentNet
|
$17.00M | USD | Point-in-time |
| Deferred Financing Fees |
DeferredFinanceCostsCurrentNet
|
- | USD | Point-in-time |
| Assets Held for Sale |
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
|
$4.60M | USD | Point-in-time |
| Assets Held for Sale |
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
|
$9.80M | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$4.11B | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$3.00B | USD | Point-in-time |
| Net Property, Plant and Equipment |
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
|
$1.21B | USD | Point-in-time |
| Net Property, Plant and Equipment |
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
|
$807.00M | USD | Point-in-time |
| Operating Lease Assets |
OperatingLeaseRightOfUseAsset
|
$159.30M | USD | Point-in-time |
| Operating Lease Assets |
OperatingLeaseRightOfUseAsset
|
$110.90M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$4.02B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$6.53B | USD | Point-in-time |
| Intangible Assets, Net of Amortization |
IntangibleAssetsNetExcludingGoodwill
|
$4.41B | USD | Point-in-time |
| Intangible Assets, Net of Amortization |
IntangibleAssetsNetExcludingGoodwill
|
$2.23B | USD | Point-in-time |
| Deferred Income Tax Benefits |
DeferredIncomeTaxAssetsNet
|
$47.30M | USD | Point-in-time |
| Deferred Income Tax Benefits |
DeferredIncomeTaxAssetsNet
|
$43.90M | USD | Point-in-time |
| Other Noncurrent Assets |
OtherAssetsNoncurrent
|
$75.70M | USD | Point-in-time |
| Other Noncurrent Assets |
OtherAssetsNoncurrent
|
$57.90M | USD | Point-in-time |
| Total Assets |
Assets
|
$16.55B | USD | Point-in-time |
| Total Assets |
Assets
|
$10.27B | USD | Point-in-time |
| Accounts Payable |
AccountsPayableCurrent
|
$497.70M | USD | Point-in-time |
| Accounts Payable |
AccountsPayableCurrent
|
$666.70M | USD | Point-in-time |
| Dividends Payable |
DividendsPayableCurrent
|
$23.20M | USD | Point-in-time |
| Dividends Payable |
DividendsPayableCurrent
|
$23.20M | USD | Point-in-time |
| Accrued Compensation and Employee Benefits |
EmployeeRelatedLiabilitiesCurrent
|
$141.10M | USD | Point-in-time |
| Accrued Compensation and Employee Benefits |
EmployeeRelatedLiabilitiesCurrent
|
$219.00M | USD | Point-in-time |
| Other Accrued Expenses |
OtherAccruedLiabilitiesCurrent
|
$383.50M | USD | Point-in-time |
| Other Accrued Expenses |
OtherAccruedLiabilitiesCurrent
|
$280.00M | USD | Point-in-time |
| Current Operating Lease Liabilities |
OperatingLeaseLiabilityCurrent
|
$26.40M | USD | Point-in-time |
| Current Operating Lease Liabilities |
OperatingLeaseLiabilityCurrent
|
$39.20M | USD | Point-in-time |
| Current Maturities of Long-Term Debt |
LongTermDebtCurrent
|
$33.80M | USD | Point-in-time |
| Current Maturities of Long-Term Debt |
LongTermDebtCurrent
|
$74.20M | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$1.41B | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$1.00B | USD | Point-in-time |
| Long-Term Debt |
LongTermDebtNoncurrent
|
$7.21B | USD | Point-in-time |
| Long-Term Debt |
LongTermDebtNoncurrent
|
$1.99B | USD | Point-in-time |
| Deferred Income Taxes |
DeferredIncomeTaxLiabilitiesNet
|
$591.90M | USD | Point-in-time |
| Deferred Income Taxes |
DeferredIncomeTaxLiabilitiesNet
|
$1.15B | USD | Point-in-time |
| Pension and Other Post Retirement Benefits |
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
$116.40M | USD | Point-in-time |
| Pension and Other Post Retirement Benefits |
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
$97.60M | USD | Point-in-time |
| Noncurrent Operating Lease Liabilities |
OperatingLeaseLiabilityNoncurrent
|
$123.20M | USD | Point-in-time |
| Noncurrent Operating Lease Liabilities |
OperatingLeaseLiabilityNoncurrent
|
$88.10M | USD | Point-in-time |
| Other Noncurrent Liabilities |
OtherLiabilitiesNoncurrent
|
$84.90M | USD | Point-in-time |
| Other Noncurrent Liabilities |
OtherLiabilitiesNoncurrent
|
$76.80M | USD | Point-in-time |
| Contingencies (see Note 12 - Contingencies) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Contingencies (see Note 12 - Contingencies) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common Stock, $0.01 par value, 100.0 million Shares Authorized, 66.3 million and 66.2 million Shares Issued and Outstanding for 2023 and 2022, Respectively |
CommonStockValue
|
$700.00K | USD | Point-in-time |
| Common Stock, $0.01 par value, 100.0 million Shares Authorized, 66.3 million and 66.2 million Shares Issued and Outstanding for 2023 and 2022, Respectively |
CommonStockValue
|
$700.00K | USD | Point-in-time |
| Additional Paid-In Capital |
AdditionalPaidInCapitalCommonStock
|
$4.61B | USD | Point-in-time |
| Additional Paid-In Capital |
AdditionalPaidInCapitalCommonStock
|
$4.62B | USD | Point-in-time |
| Retained Earnings |
RetainedEarningsAccumulatedDeficit
|
$2.13B | USD | Point-in-time |
| Retained Earnings |
RetainedEarningsAccumulatedDeficit
|
$2.10B | USD | Point-in-time |
| Accumulated Other Comprehensive Loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-352.10M | USD | Point-in-time |
| Accumulated Other Comprehensive Loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-300.20M | USD | Point-in-time |
| Total Regal Rexnord Corporation Shareholders' Equity |
StockholdersEquity
|
$6.39B | USD | Point-in-time |
| Total Regal Rexnord Corporation Shareholders' Equity |
StockholdersEquity
|
$6.42B | USD | Point-in-time |
| Noncontrolling Interests |
MinorityInterest
|
$34.40M | USD | Point-in-time |
| Noncontrolling Interests |
MinorityInterest
|
$35.10M | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.42B | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.46B | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.42B | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.41B | USD | Point-in-time |
| Total Liabilities and Equity |
LiabilitiesAndStockholdersEquity
|
$10.27B | USD | Point-in-time |
| Total Liabilities and Equity |
LiabilitiesAndStockholdersEquity
|
$16.55B | USD | Point-in-time |
Income Statement
34 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Sales |
RevenueFromContractWithCustomerIncludingAssessedTax
|
$1.22B | USD | 1 Quarter |
| Net Sales |
RevenueFromContractWithCustomerIncludingAssessedTax
|
$1.30B | USD | 1 Quarter |
| Cost of Sales |
CostOfGoodsAndServicesSold
|
$876.60M | USD | 1 Quarter |
| Cost of Sales |
CostOfGoodsAndServicesSold
|
$826.00M | USD | 1 Quarter |
| Gross Profit |
GrossProfit
|
$398.10M | USD | 1 Quarter |
| Gross Profit |
GrossProfit
|
$421.90M | USD | 1 Quarter |
| Operating Expenses |
OperatingCostsAndExpenses
|
$252.00M | USD | 1 Quarter |
| Operating Expenses |
OperatingCostsAndExpenses
|
$329.20M | USD | 1 Quarter |
| Income from Operations |
OperatingIncomeLoss
|
$169.90M | USD | 1 Quarter |
| Income from Operations |
OperatingIncomeLoss
|
$68.90M | USD | 1 Quarter |
| Interest Expense |
InterestExpense
|
$95.40M | USD | 1 Quarter |
| Interest Expense |
InterestExpense
|
$9.00M | USD | 1 Quarter |
| Interest Income |
InvestmentIncomeInterest
|
$1.10M | USD | 1 Quarter |
| Interest Income |
InvestmentIncomeInterest
|
$31.90M | USD | 1 Quarter |
| Other Income, Net |
OtherNonoperatingIncomeExpense
|
$1.30M | USD | 1 Quarter |
| Other Income, Net |
OtherNonoperatingIncomeExpense
|
$1.40M | USD | 1 Quarter |
| Income before Taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$163.30M | USD | 1 Quarter |
| Income before Taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$6.80M | USD | 1 Quarter |
| Provision for Income Taxes |
IncomeTaxExpenseBenefit
|
$36.20M | USD | 1 Quarter |
| Provision for Income Taxes |
IncomeTaxExpenseBenefit
|
$12.30M | USD | 1 Quarter |
| Net (Loss) Income |
ProfitLoss
|
$127.10M | USD | 1 Quarter |
| Net (Loss) Income |
ProfitLoss
|
$-5.50M | USD | 1 Quarter |
| Less: Net Income Attributable to Noncontrolling Interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$1.50M | USD | 1 Quarter |
| Less: Net Income Attributable to Noncontrolling Interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$400.00K | USD | 1 Quarter |
| Net (Loss) Income Attributable to Regal Rexnord Corporation |
NetIncomeLoss
|
$125.60M | USD | 1 Quarter |
| Net (Loss) Income Attributable to Regal Rexnord Corporation |
NetIncomeLoss
|
$-5.90M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$1.86 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$-0.09 | USD | 1 Quarter |
| Assuming dilution (in dollars per share) |
EarningsPerShareDiluted
|
$-0.09 | USD | 1 Quarter |
| Assuming dilution (in dollars per share) |
EarningsPerShareDiluted
|
$1.85 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
66.20M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
67.40M | shares | 1 Quarter |
| Assuming dilution (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
67.90M | shares | 1 Quarter |
| Assuming dilution (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
66.60M | shares | 1 Quarter |
Cash Flow Statement
72 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net (Loss) Income |
ProfitLoss
|
$127.10M | USD | 1 Quarter |
| Net (Loss) Income |
ProfitLoss
|
$-5.50M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$30.20M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$30.60M | USD | 1 Quarter |
| Amortization |
OtherAmortizationOfDeferredCharges
|
$46.30M | USD | 1 Quarter |
| Amortization |
OtherAmortizationOfDeferredCharges
|
$47.30M | USD | 1 Quarter |
| Noncash Lease Expense |
OperatingLeaseExpense
|
$7.70M | USD | 1 Quarter |
| Noncash Lease Expense |
OperatingLeaseExpense
|
$9.90M | USD | 1 Quarter |
| Share-Based Compensation Expense |
ShareBasedCompensation
|
$21.70M | USD | 1 Quarter |
| Share-Based Compensation Expense |
ShareBasedCompensation
|
$6.30M | USD | 1 Quarter |
| Financing Fee Expense |
AmortizationOfFinancingCosts
|
$23.00M | USD | 1 Quarter |
| Financing Fee Expense |
AmortizationOfFinancingCosts
|
$900.00K | USD | 1 Quarter |
| Other Non-Cash Changes |
OtherNoncashIncomeExpense
|
$300.00K | USD | 1 Quarter |
| Other Non-Cash Changes |
OtherNoncashIncomeExpense
|
$-300.00K | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInReceivables
|
$48.20M | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInReceivables
|
$-31.70M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$144.30M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-47.10M | USD | 1 Quarter |
| Accounts Payable |
IncreaseDecreaseInAccountsPayable
|
$-18.30M | USD | 1 Quarter |
| Accounts Payable |
IncreaseDecreaseInAccountsPayable
|
$-2.60M | USD | 1 Quarter |
| Current Liabilities and Other |
IncreaseDecreaseInOtherCurrentLiabilities
|
$-78.00M | USD | 1 Quarter |
| Current Liabilities and Other |
IncreaseDecreaseInOtherCurrentLiabilities
|
$-32.60M | USD | 1 Quarter |
| Net Cash Provided by (Used in) Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$-5.90M | USD | 1 Quarter |
| Net Cash Provided by (Used in) Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$106.20M | USD | 1 Quarter |
| Additions to Property, Plant and Equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$13.40M | USD | 1 Quarter |
| Additions to Property, Plant and Equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$18.70M | USD | 1 Quarter |
| Proceeds Received from Sales of Property, Plant and Equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$1.40M | USD | 1 Quarter |
| Proceeds Received from Sales of Property, Plant and Equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$6.10M | USD | 1 Quarter |
| Business Acquisitions, Net of Cash Acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$35.00M | USD | 1 Quarter |
| Business Acquisitions, Net of Cash Acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$4.85B | USD | 1 Quarter |
| Net Cash Used in Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-47.00M | USD | 1 Quarter |
| Net Cash Used in Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-4.87B | USD | 1 Quarter |
| Borrowings Under Revolving Credit Facility |
ProceedsFromLongTermLinesOfCredit
|
$893.30M | USD | 1 Quarter |
| Borrowings Under Revolving Credit Facility |
ProceedsFromLongTermLinesOfCredit
|
$1.34B | USD | 1 Quarter |
| Repayments Under Revolving Credit Facility |
RepaymentsOfLongTermLinesOfCredit
|
$639.50M | USD | 1 Quarter |
| Repayments Under Revolving Credit Facility |
RepaymentsOfLongTermLinesOfCredit
|
$1.12B | USD | 1 Quarter |
| Proceeds from Short-Term Borrowings |
ProceedsFromShortTermDebt
|
$14.10M | USD | 1 Quarter |
| Proceeds from Short-Term Borrowings |
ProceedsFromShortTermDebt
|
$5.10M | USD | 1 Quarter |
| Repayments of Short-Term Borrowings |
RepaymentsOfShortTermDebt
|
$15.90M | USD | 1 Quarter |
| Repayments of Short-Term Borrowings |
RepaymentsOfShortTermDebt
|
$7.00M | USD | 1 Quarter |
| Proceeds from Long-Term Borrowings |
ProceedsFromIssuanceOfOtherLongTermDebt
|
$1.04B | USD | 1 Quarter |
| Proceeds from Long-Term Borrowings |
ProceedsFromIssuanceOfOtherLongTermDebt
|
$5.53B | USD | 1 Quarter |
| Repayments of Long-Term Borrowings |
RepaymentsOfOtherLongTermDebt
|
$500.80M | USD | 1 Quarter |
| Repayments of Long-Term Borrowings |
RepaymentsOfOtherLongTermDebt
|
$1.11B | USD | 1 Quarter |
| Dividends Paid to Shareholders |
PaymentsOfDividendsCommonStock
|
$22.30M | USD | 1 Quarter |
| Dividends Paid to Shareholders |
PaymentsOfDividendsCommonStock
|
$23.20M | USD | 1 Quarter |
| Shares Surrendered for Taxes |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$2.80M | USD | 1 Quarter |
| Shares Surrendered for Taxes |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$8.20M | USD | 1 Quarter |
| Proceeds from the Exercise of Stock Options |
ProceedsFromStockOptionsExercised
|
$1.80M | USD | 1 Quarter |
| Proceeds from the Exercise of Stock Options |
ProceedsFromStockOptionsExercised
|
$900.00K | USD | 1 Quarter |
| Repurchase of Common Stock |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Repurchase of Common Stock |
PaymentsForRepurchaseOfCommonStock
|
$114.20M | USD | 1 Quarter |
| Financing Fees Paid |
PaymentsOfFinancingCosts
|
$50.00M | USD | 1 Quarter |
| Financing Fees Paid |
PaymentsOfFinancingCosts
|
$4.50M | USD | 1 Quarter |
| Net Cash Provided By Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$5.20B | USD | 1 Quarter |
| Net Cash Provided By Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$3.70M | USD | 1 Quarter |
| EFFECT OF EXCHANGE RATES ON CASH AND CASH EQUIVALENTS |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$10.50M | USD | 1 Quarter |
| EFFECT OF EXCHANGE RATES ON CASH AND CASH EQUIVALENTS |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.10M | USD | 1 Quarter |
| Net Increase (Decrease) in Cash and Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-48.10M | USD | 1 Quarter |
| Net Increase (Decrease) in Cash and Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$454.80M | USD | 1 Quarter |
| Cash and Cash Equivalents at Beginning of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.14B | USD | Point-in-time |
| Cash and Cash Equivalents at Beginning of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$672.80M | USD | Point-in-time |
| Cash and Cash Equivalents at Beginning of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$688.50M | USD | Point-in-time |
| Cash and Cash Equivalents at Beginning of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$624.70M | USD | Point-in-time |
| Cash and Cash Equivalents at End of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.14B | USD | Point-in-time |
| Cash and Cash Equivalents at End of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$672.80M | USD | Point-in-time |
| Cash and Cash Equivalents at End of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$688.50M | USD | Point-in-time |
| Cash and Cash Equivalents at End of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$624.70M | USD | Point-in-time |
| Interest |
InterestPaidNet
|
$75.10M | USD | 1 Quarter |
| Interest |
InterestPaidNet
|
$10.10M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$23.00M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$18.80M | USD | 1 Quarter |
Stockholders Equity
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Dividends declared, per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.33 | USD | 1 Quarter |
| Dividends declared, per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.35 | USD | 1 Quarter |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.42B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.46B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.42B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.41B | USD | Point-in-time |
| Net (Loss) Income |
ProfitLoss
|
$127.10M | USD | 1 Quarter |
| Net (Loss) Income |
ProfitLoss
|
$-5.50M | USD | 1 Quarter |
| Other Comprehensive Income |
OtherComprehensiveIncomeLossNetOfTax
|
$52.20M | USD | 1 Quarter |
| Other Comprehensive Income |
OtherComprehensiveIncomeLossNetOfTax
|
$19.90M | USD | 1 Quarter |
| Dividends declared |
DividendsCommonStockCash
|
$23.20M | USD | 1 Quarter |
| Dividends declared |
DividendsCommonStockCash
|
$22.10M | USD | 1 Quarter |
| Stock Options Exercised |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$-7.50M | USD | 1 Quarter |
| Stock Options Exercised |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$-1.40M | USD | 1 Quarter |
| Stock Repurchase |
StockRepurchasedDuringPeriodValue
|
$114.20M | USD | 1 Quarter |
| Replacement Equity-Based Awards Granted |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$11.10M | USD | 1 Quarter |
| Share-Based Compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$6.00M | USD | 1 Quarter |
| Share-Based Compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$6.30M | USD | 1 Quarter |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.42B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.46B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.42B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.41B | USD | Point-in-time |
Comprehensive Income
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Increase in fair value of hedging activities, tax effects |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
|
$5.30M | USD | 1 Quarter |
| Net (Loss) Income |
ProfitLoss
|
$127.10M | USD | 1 Quarter |
| Net (Loss) Income |
ProfitLoss
|
$-5.50M | USD | 1 Quarter |
| Increase in fair value of hedging activities, tax effects |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
|
$8.30M | USD | 1 Quarter |
| Reclassification of losses (gains) included in net income, tax effects |
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAdjustmentsTax
|
$-400.00K | USD | 1 Quarter |
| Reclassification of losses (gains) included in net income, tax effects |
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAdjustmentsTax
|
$2.00M | USD | 1 Quarter |
| Reclassification adjustments for pension and post retirement benefits included in net income, tax effects |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
|
$-100.00K | USD | 1 Quarter |
| Reclassification adjustments for pension and post retirement benefits included in net income, tax effects |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
|
- | USD | 1 Quarter |
| Foreign Currency Translation Adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$34.50M | USD | 1 Quarter |
| Foreign Currency Translation Adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-400.00K | USD | 1 Quarter |
| Increase in Fair Value of Hedging Activities, Net of Tax Effects of $5.3 million and $8.3 million for the Three Months Ended March 31, 2023 and March 31, 2022, Respectively |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$-26.10M | USD | 1 Quarter |
| Increase in Fair Value of Hedging Activities, Net of Tax Effects of $5.3 million and $8.3 million for the Three Months Ended March 31, 2023 and March 31, 2022, Respectively |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$-16.80M | USD | 1 Quarter |
| Reclassification of Losses (Gains) included in Net Income, Net of Tax Effects of $0.4 million and $(2.0) million for the Three Months Ended March 31, 2023 and March 31, 2022, Respectively |
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAdjustmentsAfterTax
|
$-1.30M | USD | 1 Quarter |
| Reclassification of Losses (Gains) included in Net Income, Net of Tax Effects of $0.4 million and $(2.0) million for the Three Months Ended March 31, 2023 and March 31, 2022, Respectively |
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAdjustmentsAfterTax
|
$6.00M | USD | 1 Quarter |
| Reclassification Adjustments for Pension and Post Retirement Benefits included in Net Income, Net of Tax Effects of $(0.1) million and zero for the Three Months Ended March 31, 2023 and March 31, 2022, Respectively |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
|
$-400.00K | USD | 1 Quarter |
| Reclassification Adjustments for Pension and Post Retirement Benefits included in Net Income, Net of Tax Effects of $(0.1) million and zero for the Three Months Ended March 31, 2023 and March 31, 2022, Respectively |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
|
$200.00K | USD | 1 Quarter |
| Other Comprehensive Income |
OtherComprehensiveIncomeLossNetOfTax
|
$52.20M | USD | 1 Quarter |
| Other Comprehensive Income |
OtherComprehensiveIncomeLossNetOfTax
|
$19.90M | USD | 1 Quarter |
| Comprehensive Income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$46.70M | USD | 1 Quarter |
| Comprehensive Income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$147.00M | USD | 1 Quarter |
| Less: Comprehensive Income Attributable to Noncontrolling Interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$1.90M | USD | 1 Quarter |
| Less: Comprehensive Income Attributable to Noncontrolling Interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$700.00K | USD | 1 Quarter |
| Comprehensive Income Attributable to Regal Rexnord Corporation |
ComprehensiveIncomeNetOfTax
|
$145.10M | USD | 1 Quarter |
| Comprehensive Income Attributable to Regal Rexnord Corporation |
ComprehensiveIncomeNetOfTax
|
$46.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.