10-Q Filing

REGAL REXNORD CORP CIK: 82811 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000082811-23-000153`
Period End Date	20230630
Filing Date	20230804
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	rbc-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 68 Cash Flow Statement 80 Stockholders Equity 44 Comprehensive Income 48

Balance Sheet 88 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`	$26.40M	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
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$702.50M	USD	Point-in-time
Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$659.60M	USD	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
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Trade Receivables, Less Allowances of $26.4 million and $30.9 million in 2023 and 2022, Respectively	`AccountsReceivableNetCurrent`	$797.40M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	66.20M	shares	Point-in-time
Trade Receivables, Less Allowances of $26.4 million and $30.9 million in 2023 and 2022, Respectively	`AccountsReceivableNetCurrent`	$1.01B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	66.30M	shares	Point-in-time
Inventories	`InventoryNet`	$1.34B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	66.20M	shares	Point-in-time
Inventories	`InventoryNet`	$1.58B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	66.30M	shares	Point-in-time
Prepaid Expenses and Other Current Assets	`PrepaidExpenseAndOtherAssetsCurrent`	$150.90M	USD	Point-in-time
Prepaid Expenses and Other Current Assets	`PrepaidExpenseAndOtherAssetsCurrent`	$224.30M	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`	$9.80M	USD	Point-in-time
Assets Held for Sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$1.10M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.00B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.48B	USD	Point-in-time
Net Property, Plant and Equipment	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.20B	USD	Point-in-time
Net Property, Plant and Equipment	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$807.00M	USD	Point-in-time
Operating Lease Assets	`OperatingLeaseRightOfUseAsset`	$188.00M	USD	Point-in-time
Operating Lease Assets	`OperatingLeaseRightOfUseAsset`	$110.90M	USD	Point-in-time
Goodwill	`Goodwill`	$6.62B	USD	Point-in-time
Goodwill	`Goodwill`	$4.02B	USD	Point-in-time
Intangible Assets, Net of Amortization	`IntangibleAssetsNetExcludingGoodwill`	$2.23B	USD	Point-in-time
Intangible Assets, Net of Amortization	`IntangibleAssetsNetExcludingGoodwill`	$4.24B	USD	Point-in-time
Deferred Income Tax Benefits	`DeferredIncomeTaxAssetsNet`	$43.90M	USD	Point-in-time
Deferred Income Tax Benefits	`DeferredIncomeTaxAssetsNet`	$50.40M	USD	Point-in-time
Other Noncurrent Assets	`OtherAssetsNoncurrent`	$81.00M	USD	Point-in-time
Other Noncurrent Assets	`OtherAssetsNoncurrent`	$57.90M	USD	Point-in-time
Total Assets	`Assets`	$15.86B	USD	Point-in-time
Total Assets	`Assets`	$10.27B	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$678.50M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$497.70M	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`	$183.10M	USD	Point-in-time
Accrued Interest	`InterestPayableCurrent`	$91.90M	USD	Point-in-time
Accrued Interest	`InterestPayableCurrent`	$5.20M	USD	Point-in-time
Other Accrued Expenses	`OtherAccruedLiabilitiesCurrent`	$292.70M	USD	Point-in-time
Other Accrued Expenses	`OtherAccruedLiabilitiesCurrent`	$274.80M	USD	Point-in-time
Current Operating Lease Liabilities	`OperatingLeaseLiabilityCurrent`	$39.10M	USD	Point-in-time
Current Operating Lease Liabilities	`OperatingLeaseLiabilityCurrent`	$26.40M	USD	Point-in-time
Current Maturities of Long-Term Debt	`LongTermDebtCurrent`	$72.60M	USD	Point-in-time
Current Maturities of Long-Term Debt	`LongTermDebtCurrent`	$33.80M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.38B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.00B	USD	Point-in-time
Long-Term Debt	`LongTermDebtNoncurrent`	$1.99B	USD	Point-in-time
Long-Term Debt	`LongTermDebtNoncurrent`	$6.61B	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.08B	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxLiabilitiesNet`	$591.90M	USD	Point-in-time
Pension and Other Post Retirement Benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$112.90M	USD	Point-in-time
Pension and Other Post Retirement Benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$97.60M	USD	Point-in-time
Noncurrent Operating Lease Liabilities	`OperatingLeaseLiabilityNoncurrent`	$88.10M	USD	Point-in-time
Noncurrent Operating Lease Liabilities	`OperatingLeaseLiabilityNoncurrent`	$145.10M	USD	Point-in-time
Other Noncurrent Liabilities	`OtherLiabilitiesNoncurrent`	$76.80M	USD	Point-in-time
Other Noncurrent Liabilities	`OtherLiabilitiesNoncurrent`	$88.90M	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`	$4.63B	USD	Point-in-time
Additional Paid-In Capital	`AdditionalPaidInCapitalCommonStock`	$4.61B	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$2.11B	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$2.13B	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-326.70M	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-352.10M	USD	Point-in-time
Total Regal Rexnord Corporation Shareholders' Equity	`StockholdersEquity`	$6.39B	USD	Point-in-time
Total Regal Rexnord Corporation Shareholders' Equity	`StockholdersEquity`	$6.41B	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$34.40M	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$26.60M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.42B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.32B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.41B	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`	$6.44B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$15.86B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$10.27B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net Sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$2.99B	USD	2 Qtrs
Net Sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$2.65B	USD	2 Qtrs
Net Sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.35B	USD	1 Quarter
Net Sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.77B	USD	1 Quarter
Cost of Sales	`CostOfGoodsAndServicesSold`	$1.79B	USD	2 Qtrs
Cost of Sales	`CostOfGoodsAndServicesSold`	$1.20B	USD	1 Quarter
Cost of Sales	`CostOfGoodsAndServicesSold`	$915.90M	USD	1 Quarter
Cost of Sales	`CostOfGoodsAndServicesSold`	$2.03B	USD	2 Qtrs
Gross Profit	`GrossProfit`	$563.80M	USD	1 Quarter
Gross Profit	`GrossProfit`	$961.90M	USD	2 Qtrs
Gross Profit	`GrossProfit`	$855.40M	USD	2 Qtrs
Gross Profit	`GrossProfit`	$433.50M	USD	1 Quarter
Operating Expenses	`OperatingCostsAndExpenses`	$490.60M	USD	2 Qtrs
Operating Expenses	`OperatingCostsAndExpenses`	$238.60M	USD	1 Quarter
Operating Expenses	`OperatingCostsAndExpenses`	$412.20M	USD	1 Quarter
Operating Expenses	`OperatingCostsAndExpenses`	$741.40M	USD	2 Qtrs
Income from Operations	`OperatingIncomeLoss`	$151.60M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$194.90M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$364.80M	USD	2 Qtrs
Income from Operations	`OperatingIncomeLoss`	$220.50M	USD	2 Qtrs
Interest Expense	`InterestExpense`	$116.40M	USD	1 Quarter
Interest Expense	`InterestExpense`	$22.40M	USD	2 Qtrs
Interest Expense	`InterestExpense`	$211.80M	USD	2 Qtrs
Interest Expense	`InterestExpense`	$13.40M	USD	1 Quarter
Interest Income	`InvestmentIncomeInterest`	$1.90M	USD	2 Qtrs
Interest Income	`InvestmentIncomeInterest`	$800.00K	USD	1 Quarter
Interest Income	`InvestmentIncomeInterest`	$37.00M	USD	2 Qtrs
Interest Income	`InvestmentIncomeInterest`	$5.10M	USD	1 Quarter
Other Income, Net	`OtherNonoperatingIncomeExpense`	$4.20M	USD	2 Qtrs
Other Income, Net	`OtherNonoperatingIncomeExpense`	$1.50M	USD	1 Quarter
Other Income, Net	`OtherNonoperatingIncomeExpense`	$2.80M	USD	1 Quarter
Other Income, Net	`OtherNonoperatingIncomeExpense`	$2.80M	USD	2 Qtrs
Income before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$183.80M	USD	1 Quarter
Income before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$43.10M	USD	1 Quarter
Income before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$49.90M	USD	2 Qtrs
Income before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$347.10M	USD	2 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$22.20M	USD	2 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$76.80M	USD	2 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$9.90M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$40.60M	USD	1 Quarter
Net Income	`ProfitLoss`	$143.20M	USD	1 Quarter
Net Income	`ProfitLoss`	$33.20M	USD	1 Quarter
Net Income	`ProfitLoss`	$270.30M	USD	2 Qtrs
Net Income	`ProfitLoss`	$27.70M	USD	2 Qtrs
Less: Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.10M	USD	1 Quarter
Less: Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.50M	USD	2 Qtrs
Less: Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.20M	USD	1 Quarter
Less: Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.70M	USD	2 Qtrs
Net Income Attributable to Regal Rexnord Corporation	`NetIncomeLoss`	$142.00M	USD	1 Quarter
Net Income Attributable to Regal Rexnord Corporation	`NetIncomeLoss`	$267.60M	USD	2 Qtrs
Net Income Attributable to Regal Rexnord Corporation	`NetIncomeLoss`	$26.20M	USD	2 Qtrs
Net Income Attributable to Regal Rexnord Corporation	`NetIncomeLoss`	$32.10M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.99	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.40	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.48	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.13	USD	1 Quarter
Assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$0.39	USD	2 Qtrs
Assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$3.96	USD	2 Qtrs
Assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$0.48	USD	1 Quarter
Assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$2.12	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	66.20M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	66.80M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	66.30M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	67.10M	shares	2 Qtrs
Assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	66.60M	shares	1 Quarter
Assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	66.60M	shares	2 Qtrs
Assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.10M	shares	1 Quarter
Assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.50M	shares	2 Qtrs

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$143.20M	USD	1 Quarter
Net Income	`ProfitLoss`	$33.20M	USD	1 Quarter
Net Income	`ProfitLoss`	$270.30M	USD	2 Qtrs
Net Income	`ProfitLoss`	$27.70M	USD	2 Qtrs
Depreciation	`Depreciation`	$77.80M	USD	2 Qtrs
Depreciation	`Depreciation`	$62.50M	USD	2 Qtrs
Amortization	`OtherAmortizationOfDeferredCharges`	$93.80M	USD	2 Qtrs
Amortization	`OtherAmortizationOfDeferredCharges`	$135.70M	USD	2 Qtrs
Noncash Lease Expense	`OperatingLeaseExpense`	$19.70M	USD	2 Qtrs
Noncash Lease Expense	`OperatingLeaseExpense`	$20.60M	USD	2 Qtrs
Share-Based Compensation Expense	`ShareBasedCompensation`	$11.20M	USD	2 Qtrs
Share-Based Compensation Expense	`ShareBasedCompensation`	$36.20M	USD	2 Qtrs
Financing Fee Expense	`AmortizationOfFinancingCosts`	$26.90M	USD	2 Qtrs
Financing Fee Expense	`AmortizationOfFinancingCosts`	$1.40M	USD	2 Qtrs
Benefit from Deferred Income Taxes	`DeferredIncomeTaxExpenseBenefit`	$-41.00M	USD	2 Qtrs
Benefit from Deferred Income Taxes	`DeferredIncomeTaxExpenseBenefit`	$-54.20M	USD	2 Qtrs
Other Non-Cash Changes	`OtherNoncashIncomeExpense`	$1.70M	USD	2 Qtrs
Other Non-Cash Changes	`OtherNoncashIncomeExpense`	$-5.70M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$90.20M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$-42.40M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-154.70M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$222.80M	USD	2 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$-17.50M	USD	2 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$-4.30M	USD	2 Qtrs
Other Assets and Liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$141.00M	USD	2 Qtrs
Other Assets and Liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-18.30M	USD	2 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$104.90M	USD	2 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$327.30M	USD	2 Qtrs
Additions to Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$44.80M	USD	1 Quarter
Additions to Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$63.50M	USD	2 Qtrs
Additions to Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$19.20M	USD	1 Quarter
Additions to Property, Plant and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$32.60M	USD	2 Qtrs
Proceeds Received from Sales of Property, Plant and Equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.50M	USD	2 Qtrs
Proceeds Received from Sales of Property, Plant and Equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$6.10M	USD	2 Qtrs
Business Acquisitions, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$35.00M	USD	2 Qtrs
Business Acquisitions, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$4.87B	USD	2 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.93B	USD	2 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-62.10M	USD	2 Qtrs
Borrowings Under Revolving Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$1.41B	USD	2 Qtrs
Borrowings Under Revolving Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$1.52B	USD	2 Qtrs
Repayments Under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$1.70B	USD	2 Qtrs
Repayments Under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$1.73B	USD	2 Qtrs
Proceeds from Short-Term Borrowings	`ProceedsFromShortTermDebt`	$6.00M	USD	2 Qtrs
Proceeds from Short-Term Borrowings	`ProceedsFromShortTermDebt`	$29.10M	USD	2 Qtrs
Repayments of Short-Term Borrowings	`RepaymentsOfShortTermDebt`	$32.80M	USD	2 Qtrs
Repayments of Short-Term Borrowings	`RepaymentsOfShortTermDebt`	$8.00M	USD	2 Qtrs
Proceeds from Long-Term Borrowings	`ProceedsFromIssuanceOfOtherLongTermDebt`	$5.53B	USD	2 Qtrs
Proceeds from Long-Term Borrowings	`ProceedsFromIssuanceOfOtherLongTermDebt`	$1.54B	USD	2 Qtrs
Repayments of Long-Term Borrowings	`RepaymentsOfOtherLongTermDebt`	$536.50M	USD	2 Qtrs
Repayments of Long-Term Borrowings	`RepaymentsOfOtherLongTermDebt`	$1.11B	USD	2 Qtrs
Dividends Paid to Shareholders	`PaymentsOfDividendsCommonStock`	$44.30M	USD	2 Qtrs
Dividends Paid to Shareholders	`PaymentsOfDividendsCommonStock`	$46.40M	USD	2 Qtrs
Shares Surrendered for Taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.20M	USD	2 Qtrs
Shares Surrendered for Taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.10M	USD	2 Qtrs
Proceeds from the Exercise of Stock Options	`ProceedsFromStockOptionsExercised`	$1.50M	USD	2 Qtrs
Proceeds from the Exercise of Stock Options	`ProceedsFromStockOptionsExercised`	$3.40M	USD	2 Qtrs
Repurchase of Common Stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Repurchase of Common Stock	`PaymentsForRepurchaseOfCommonStock`	$184.00M	USD	2 Qtrs
Distributions to Noncontrolling Interests	`PaymentsOfDistributionsToAffiliates`	$8.40M	USD	2 Qtrs
Distributions to Noncontrolling Interests	`PaymentsOfDistributionsToAffiliates`	-	USD	2 Qtrs
Financing Fees Paid	`PaymentsOfFinancingCosts`	$51.10M	USD	2 Qtrs
Financing Fees Paid	`PaymentsOfFinancingCosts`	$6.50M	USD	2 Qtrs
Net Cash Provided By Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$10.20M	USD	2 Qtrs
Net Cash Provided By Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$4.57B	USD	2 Qtrs
EFFECT OF EXCHANGE RATES ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.30M	USD	2 Qtrs
EFFECT OF EXCHANGE RATES ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-23.30M	USD	2 Qtrs
Net (Decrease) Increase in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-28.90M	USD	2 Qtrs
Net (Decrease) Increase in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$29.70M	USD	2 Qtrs
Cash and Cash Equivalents at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$702.50M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$659.60M	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 End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$702.50M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$659.60M	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
Interest	`InterestPaidNet`	$99.50M	USD	2 Qtrs
Interest	`InterestPaidNet`	$20.00M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$96.70M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$116.90M	USD	2 Qtrs

Stockholders Equity 44 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`	$0.35	USD	1 Quarter
Dividends declared, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.35	USD	1 Quarter
Dividends declared, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.70	USD	2 Qtrs
Dividends declared, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.68	USD	2 Qtrs
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.42B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.32B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.41B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.42B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.46B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.44B	USD	Point-in-time
Net Income	`ProfitLoss`	$143.20M	USD	1 Quarter
Net Income	`ProfitLoss`	$33.20M	USD	1 Quarter
Net Income	`ProfitLoss`	$270.30M	USD	2 Qtrs
Net Income	`ProfitLoss`	$27.70M	USD	2 Qtrs
Other Comprehensive (Loss) Income	`OtherComprehensiveIncomeLossNetOfTax`	$24.50M	USD	2 Qtrs
Other Comprehensive (Loss) Income	`OtherComprehensiveIncomeLossNetOfTax`	$-158.90M	USD	1 Quarter
Other Comprehensive (Loss) Income	`OtherComprehensiveIncomeLossNetOfTax`	$-27.70M	USD	1 Quarter
Other Comprehensive (Loss) Income	`OtherComprehensiveIncomeLossNetOfTax`	$-139.00M	USD	2 Qtrs
Dividends declared	`DividendsCommonStockCash`	$46.40M	USD	2 Qtrs
Dividends declared	`DividendsCommonStockCash`	$23.20M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$45.30M	USD	2 Qtrs
Dividends declared	`DividendsCommonStockCash`	$23.20M	USD	1 Quarter
Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-8.20M	USD	2 Qtrs
Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-700.00K	USD	1 Quarter
Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-4.30M	USD	1 Quarter
Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-5.70M	USD	2 Qtrs
Stock Repurchase	`StockRepurchasedDuringPeriodValue`	$69.80M	USD	1 Quarter
Stock Repurchase	`StockRepurchasedDuringPeriodValue`	$184.00M	USD	2 Qtrs
Replacement Equity-Based Awards Granted	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-6.50M	USD	1 Quarter
Replacement Equity-Based Awards Granted	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.60M	USD	2 Qtrs
Share-Based Compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.50M	USD	1 Quarter
Share-Based Compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.90M	USD	1 Quarter
Share-Based Compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.20M	USD	2 Qtrs
Share-Based Compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.50M	USD	2 Qtrs
Dividends Declared to Noncontrolling Interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$8.40M	USD	1 Quarter
Dividends Declared to Noncontrolling Interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$8.40M	USD	2 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.42B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.32B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.41B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.42B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.46B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.44B	USD	Point-in-time

Comprehensive Income 48 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$143.20M	USD	1 Quarter
Increase (decrease) in fair value of hedging activities, tax effects	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$6.50M	USD	2 Qtrs
Net Income	`ProfitLoss`	$33.20M	USD	1 Quarter
Net Income	`ProfitLoss`	$270.30M	USD	2 Qtrs
Net Income	`ProfitLoss`	$27.70M	USD	2 Qtrs
Increase (decrease) in fair value of hedging activities, tax effects	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$1.20M	USD	1 Quarter
Increase (decrease) in fair value of hedging activities, tax effects	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-10.50M	USD	1 Quarter
Increase (decrease) in fair value of hedging activities, tax effects	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-2.20M	USD	2 Qtrs
Reclassification of losses (gains) included in net income, tax effects	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAdjustmentsTax`	$1.50M	USD	1 Quarter
Reclassification of losses (gains) included in net income, tax effects	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAdjustmentsTax`	$-200.00K	USD	2 Qtrs
Reclassification of losses (gains) included in net income, tax effects	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAdjustmentsTax`	$200.00K	USD	1 Quarter
Reclassification of losses (gains) included in net income, tax effects	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAdjustmentsTax`	$3.50M	USD	2 Qtrs
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-121.20M	USD	2 Qtrs
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-30.50M	USD	1 Quarter
Reclassification adjustments for pension and post retirement benefits included in net income, tax effects	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$-300.00K	USD	2 Qtrs
Reclassification adjustments for pension and post retirement benefits included in net income, tax effects	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$-200.00K	USD	1 Quarter
Reclassification adjustments for pension and post retirement benefits included in net income, tax effects	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$100.00K	USD	1 Quarter
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-120.80M	USD	1 Quarter
Reclassification adjustments for pension and post retirement benefits included in net income, tax effects	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$100.00K	USD	2 Qtrs
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$4.00M	USD	2 Qtrs
Increase (Decrease) in Fair Value of Hedging Activities, Net of Tax Effects of $1.2 million and $(10.5) million for the Three Months Ended June 30, 2023 and June 30, 2022 and $6.5 million and $(2.2) million for the Six Months Ended June 30, 2023 and June 30, 2022, Respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$32.90M	USD	1 Quarter
Increase (Decrease) in Fair Value of Hedging Activities, Net of Tax Effects of $1.2 million and $(10.5) million for the Three Months Ended June 30, 2023 and June 30, 2022 and $6.5 million and $(2.2) million for the Six Months Ended June 30, 2023 and June 30, 2022, Respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$6.80M	USD	2 Qtrs
Increase (Decrease) in Fair Value of Hedging Activities, Net of Tax Effects of $1.2 million and $(10.5) million for the Three Months Ended June 30, 2023 and June 30, 2022 and $6.5 million and $(2.2) million for the Six Months Ended June 30, 2023 and June 30, 2022, Respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-20.50M	USD	2 Qtrs
Increase (Decrease) in Fair Value of Hedging Activities, Net of Tax Effects of $1.2 million and $(10.5) million for the Three Months Ended June 30, 2023 and June 30, 2022 and $6.5 million and $(2.2) million for the Six Months Ended June 30, 2023 and June 30, 2022, Respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-3.70M	USD	1 Quarter
Reclassification of Losses (Gains) included in Net Income, Net of Tax Effects of $(0.2) million and $(1.5) million for the Three Months Ended June 30, 2023 and June 30, 2022 and $0.2 million and $(3.5) million for the Six Months Ended June 30, 2023 and June 30, 2022, Respectively	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAdjustmentsAfterTax`	$11.30M	USD	2 Qtrs
Reclassification of Losses (Gains) included in Net Income, Net of Tax Effects of $(0.2) million and $(1.5) million for the Three Months Ended June 30, 2023 and June 30, 2022 and $0.2 million and $(3.5) million for the Six Months Ended June 30, 2023 and June 30, 2022, Respectively	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAdjustmentsAfterTax`	$-800.00K	USD	2 Qtrs
Reclassification of Losses (Gains) included in Net Income, Net of Tax Effects of $(0.2) million and $(1.5) million for the Three Months Ended June 30, 2023 and June 30, 2022 and $0.2 million and $(3.5) million for the Six Months Ended June 30, 2023 and June 30, 2022, Respectively	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAdjustmentsAfterTax`	$500.00K	USD	1 Quarter
Reclassification of Losses (Gains) included in Net Income, Net of Tax Effects of $(0.2) million and $(1.5) million for the Three Months Ended June 30, 2023 and June 30, 2022 and $0.2 million and $(3.5) million for the Six Months Ended June 30, 2023 and June 30, 2022, Respectively	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAdjustmentsAfterTax`	$5.30M	USD	1 Quarter
Reclassification Adjustments for Pension and Post Retirement Benefits included in Net Income, Net of Tax Effects of $(0.2) million and $0.1 million for the Three Months Ended June 30, 2023 and June 30, 2022 and $(0.3) million and $0.1 million for the Six Months Ended June 30, 2023 and June 30, 2022, Respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$300.00K	USD	2 Qtrs
Reclassification Adjustments for Pension and Post Retirement Benefits included in Net Income, Net of Tax Effects of $(0.2) million and $0.1 million for the Three Months Ended June 30, 2023 and June 30, 2022 and $(0.3) million and $0.1 million for the Six Months Ended June 30, 2023 and June 30, 2022, Respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$-800.00K	USD	2 Qtrs
Reclassification Adjustments for Pension and Post Retirement Benefits included in Net Income, Net of Tax Effects of $(0.2) million and $0.1 million for the Three Months Ended June 30, 2023 and June 30, 2022 and $(0.3) million and $0.1 million for the Six Months Ended June 30, 2023 and June 30, 2022, Respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$100.00K	USD	1 Quarter
Reclassification Adjustments for Pension and Post Retirement Benefits included in Net Income, Net of Tax Effects of $(0.2) million and $0.1 million for the Three Months Ended June 30, 2023 and June 30, 2022 and $(0.3) million and $0.1 million for the Six Months Ended June 30, 2023 and June 30, 2022, Respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$-400.00K	USD	1 Quarter
Other Comprehensive (Loss) Income	`OtherComprehensiveIncomeLossNetOfTax`	$24.50M	USD	2 Qtrs
Other Comprehensive (Loss) Income	`OtherComprehensiveIncomeLossNetOfTax`	$-158.90M	USD	1 Quarter
Other Comprehensive (Loss) Income	`OtherComprehensiveIncomeLossNetOfTax`	$-27.70M	USD	1 Quarter
Other Comprehensive (Loss) Income	`OtherComprehensiveIncomeLossNetOfTax`	$-139.00M	USD	2 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$52.20M	USD	2 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$131.30M	USD	2 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-15.70M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$5.50M	USD	1 Quarter
Less: Comprehensive Income (Loss) Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-100.00K	USD	1 Quarter
Less: Comprehensive Income (Loss) Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$800.00K	USD	2 Qtrs
Less: Comprehensive Income (Loss) Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.10M	USD	1 Quarter
Less: Comprehensive Income (Loss) Attributable to Noncontrolling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$600.00K	USD	2 Qtrs
Comprehensive Income (Loss) Attributable to Regal Rexnord Corporation	`ComprehensiveIncomeNetOfTax`	$-14.60M	USD	1 Quarter
Comprehensive Income (Loss) Attributable to Regal Rexnord Corporation	`ComprehensiveIncomeNetOfTax`	$130.50M	USD	2 Qtrs
Comprehensive Income (Loss) Attributable to Regal Rexnord Corporation	`ComprehensiveIncomeNetOfTax`	$5.60M	USD	1 Quarter
Comprehensive Income (Loss) Attributable to Regal Rexnord Corporation	`ComprehensiveIncomeNetOfTax`	$51.60M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.