2018 Q4 Form 10-K Financial Statement

#000008281120000035 Filed on February 26, 2020

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2018 Q2
Revenue $881.7M $925.4M $959.7M
YoY Change 7.43% 7.99% 17.97%
Cost Of Revenue $682.8M $712.3M
YoY Change 8.38% 19.11%
Gross Profit $239.7M $242.6M $247.4M
YoY Change 0.0% 0.0% 5.32%
Gross Profit Margin 27.19% 26.22% 25.78%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $35.30M $36.20M
YoY Change 2.92% 5.23%
% of Gross Profit 14.55% 14.63%
Operating Expenses $155.0M $147.8M
YoY Change 16.89% 5.2%
Operating Profit $89.80M $69.40M $99.60M
YoY Change 0.0% 0.0% 12.93%
Interest Expense $13.70M $14.20M
YoY Change 1.48% -1.39%
% of Operating Profit 19.74% 14.26%
Other Income/Expense, Net
YoY Change
Pretax Income $56.30M $85.60M
YoY Change -30.67% 39.41%
Income Tax $3.600M $18.30M
% Of Pretax Income 6.39% 21.38%
Net Earnings $55.60M $51.30M $65.90M
YoY Change 0.0% 0.0% 12.84%
Net Earnings / Revenue 6.31% 5.54% 6.87%
Basic Earnings Per Share $1.29 $1.18 $1.51
Diluted Earnings Per Share $1.28 $1.17 $1.50
COMMON SHARES
Basic Shares Outstanding 43.10M shares 43.40M shares 43.80M shares
Diluted Shares Outstanding 43.40M shares 43.80M shares 44.10M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $248.6M $184.4M $175.6M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $767.2M $791.0M $785.3M
Prepaid Expenses
Receivables $551.9M $582.9M $607.7M
Other Receivables
Total Short-Term Assets $1.818B $1.730B $1.724B
YoY Change 15.45% 6.12% 6.74%
LONG-TERM ASSETS
Property, Plant & Equipment $615.5M $644.5M $650.2M
YoY Change -1.2% 1.7% 2.68%
Goodwill $1.509B $1.524B $1.535B
YoY Change 2.17% 3.33% 5.33%
Intangibles $625.5M $653.2M $676.6M
YoY Change -42.8% -4.28% -3.27%
Long-Term Investments
YoY Change
Other Assets $21.70M $21.70M $21.10M
YoY Change 47.62% 57.25% 44.52%
Total Long-Term Assets $2.806B $2.871B $2.910B
YoY Change -0.27% 1.33% 2.88%
TOTAL ASSETS
Total Short-Term Assets $1.818B $1.730B $1.724B
Total Long-Term Assets $2.806B $2.871B $2.910B
Total Assets $4.624B $4.601B $4.635B
YoY Change 5.37% 3.08% 4.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $424.8M $415.3M $438.6M
YoY Change 10.54% -0.46% 11.38%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due $500.0K $600.0K $100.5M
YoY Change -99.51% -99.4% 0.1%
Total Short-Term Liabilities $683.5M $661.7M $768.1M
YoY Change -4.0% -9.96% 7.58%
LONG-TERM LIABILITIES
Long-Term Debt $1.307B $1.278B $1.235B
YoY Change 25.65% 14.77% -2.68%
Other Long-Term Liabilities $49.50M $52.80M $49.00M
YoY Change 11.49% 3.73% -0.2%
Total Long-Term Liabilities $1.356B $1.331B $1.284B
YoY Change 25.07% 14.29% -2.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $683.5M $661.7M $768.1M
Total Long-Term Liabilities $1.356B $1.331B $1.284B
Total Liabilities $2.040B $1.993B $2.052B
YoY Change 13.54% 4.91% 0.98%
SHAREHOLDERS EQUITY
Retained Earnings $1.778B $1.742B $1.704B
YoY Change 10.32% 10.87% 14.58%
Common Stock $784.0M $819.1M $821.2M
YoY Change -10.7% -6.38% -9.48%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.311B $2.333B $2.310B
YoY Change
Total Liabilities & Shareholders Equity $4.624B $4.601B $4.635B
YoY Change 5.37% 3.08% 4.28%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2018 Q2
OPERATING ACTIVITIES
Net Income $55.60M $51.30M $65.90M
YoY Change 0.0% 0.0% 12.84%
Depreciation, Depletion And Amortization $35.30M $36.20M
YoY Change 2.92% 5.23%
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures $18.70M $21.20M
YoY Change 22.22% 24.71%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures $18.70M $21.20M
Free Cash Flow
YoY Change

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CY2017 us-gaap Payments Of Dividends Common Stock
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44500000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
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300000 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
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0 USD
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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3500000 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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10900000 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
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400000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4000000.0 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
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45100000 USD
CY2019 rbc Payments Of Contingent Consideration
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0 USD
CY2018 rbc Payments Of Contingent Consideration
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0 USD
CY2017 rbc Payments Of Contingent Consideration
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5300000 USD
CY2019 us-gaap Payments Of Distributions To Affiliates
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1800000 USD
CY2019 us-gaap Payments To Minority Shareholders
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0 USD
CY2018 us-gaap Payments To Minority Shareholders
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800000 USD
CY2017 us-gaap Payments To Minority Shareholders
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0 USD
CY2019 us-gaap Payments Of Financing Costs
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0 USD
CY2018 us-gaap Payments Of Financing Costs
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3500000 USD
CY2017 us-gaap Payments Of Financing Costs
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0 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
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165100000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
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127800000 USD
CY2018 us-gaap Payments Of Distributions To Affiliates
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1600000 USD
CY2017 us-gaap Payments Of Distributions To Affiliates
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17400000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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-397400000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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-17700000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
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-390600000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-2600000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-8100000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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11600000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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82800000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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109000000.0 USD
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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-144900000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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248600000 USD
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139600000 USD
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284500000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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331400000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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248600000 USD
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CY2019 us-gaap Interest Paid Net
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51700000 USD
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54200000 USD
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53700000 USD
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42300000 USD
CY2018 us-gaap Income Taxes Paid Net
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81200000 USD
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66900000 USD
CY2019 us-gaap Nature Of Operations
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Nature of Operations<span style="font-family:inherit;font-size:10pt;">Regal Beloit Corporation (the “Company”) is a United States based multi-national corporation. Effective December 28, 2019, the Company transitioned from </span><span style="font-family:inherit;font-size:10pt;"><span>three</span></span><span style="font-family:inherit;font-size:10pt;"> operating segments to </span><span style="font-family:inherit;font-size:10pt;"><span>four</span></span><span style="font-family:inherit;font-size:10pt;"> operating segments to align with the change to its management structure and operating model. The Company's </span><span style="font-family:inherit;font-size:10pt;"><span>four</span></span><span style="font-family:inherit;font-size:10pt;"> operating segments are: the </span><span style="font-family:inherit;font-size:10pt;">Commercial Systems segment produces fractional to approximately 5 horsepower AC and DC motors, electronic variable speed controls, fans, and blowers for commercial applications</span><span style="font-family:inherit;font-size:10pt;">; the </span><span style="font-family:inherit;font-size:10pt;">Industrial Systems segment produces integral motors, generators, alternators and switchgear for industrial applications, along with aftermarket parts and kits to support such products</span><span style="font-family:inherit;font-size:10pt;">; the </span><span style="font-family:inherit;font-size:10pt;">Climate Solutions segment produces small motors, electronic variable speed controls and air moving solutions</span><span style="font-family:inherit;font-size:10pt;">; and the </span><span style="font-family:inherit;font-size:10pt;">Power Transmission Solutions segment produces, sells and services belt and chain drives, helical and worm gearing, mounted and unmounted bearings, couplings, modular plastic belts, conveying chains and components, hydraulic pump drives, large open gearing and specialty mechanical products</span>.
CY2018 us-gaap Number Of Operating Segments
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3 segment
CY2019 us-gaap Number Of Operating Segments
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4 segment
CY2019 us-gaap Number Of Operating Segments
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CY2019 us-gaap Use Of Estimates
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<div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Use of Estimates</span></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“US GAAP”), which require the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements and revenues and expenses during the periods reported. Actual results could differ from those estimates. The Company uses estimates in accounting for, among other items, allowance for doubtful accounts; excess and obsolete inventory; share-based compensation; acquisitions; product warranty obligations; pension and post retirement assets and liabilities; derivative fair values; goodwill and other asset impairments; health care reserves; rebates and incentives; litigation claims and contingencies, including environmental matters; and income taxes. The Company accounts for changes to estimates and assumptions when warranted by factually based experience.</span></div>
CY2019 us-gaap Number Of Operating Segments
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4 segment
CY2019 us-gaap Number Of Operating Segments
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4 segment
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3238000000.0 USD
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3645600000 USD
CY2019Q4 us-gaap Capitalized Contract Cost Amortization Period
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P12M
CY2019 us-gaap Research And Development Expense
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22500000 USD
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29300000 USD
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29900000 USD
CY2019 us-gaap Concentration Risk Credit Risk
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<div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Concentration of Credit Risk</span><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Financial instruments that potentially subject the Company to significant concentrations of credit risk consist principally of cash equivalents. The Company has material deposits with global financial institutions. The Company performs periodic evaluations of the relative credit standing of its financial institutions and monitors the amount of exposure. </span></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Concentration of credit risk with respect to trade accounts receivable is limited due to the large number of customers and their dispersion across many geographic areas. The Company monitors credit risk associated with its trade receivables.</span></div>
CY2019 rbc Percentage Of Raw Material And Work In Process
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0.480
CY2018 rbc Percentage Of Raw Material And Work In Process
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0.450
CY2019 rbc Percentage Of Finished Goods And Purchased Parts
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0.520
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0.550
CY2019Q4 us-gaap Percentage Of Lifo Inventory
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0.530
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65500000 USD
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CY2019 us-gaap Number Of Operating Segments
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4 segment
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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400000 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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600000 shares
CY2017 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
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44600000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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200000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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300000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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300000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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43900000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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44900000 shares
CY2019Q4 rbc Disposal Group Including Discontinued Operation Trade Receivables
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0 USD
CY2018Q4 rbc Disposal Group Including Discontinued Operation Trade Receivables
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19200000 USD
CY2019Q4 us-gaap Disposal Group Including Discontinued Operation Inventory1
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CY2018Q4 us-gaap Disposal Group Including Discontinued Operation Inventory1
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34700000 USD
CY2019Q4 us-gaap Disposal Group Including Discontinued Operation Prepaid And Other Assets Current
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5000000.0 USD
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2800000 USD
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19900000 USD
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1300000 USD
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CY2019Q4 rbc Disposal Group Including Discontinued Operation Accrued Compensationand Employee Benefits
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CY2018Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
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CY2017Q4 us-gaap Goodwill
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CY2018Q4 us-gaap Goodwill
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CY2019 us-gaap Goodwill Written Off Related To Sale Of Business Unit
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CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
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CY2019Q4 us-gaap Goodwill
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CY2019Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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CY2019 us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
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8500000 USD
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2100000 USD
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CY2019Q4 us-gaap Finite Lived Intangible Assets Net
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54900000 USD
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41000000.0 USD
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40900000 USD
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39500000 USD
CY2018 us-gaap Number Of Operating Segments
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3 segment
CY2019 us-gaap Number Of Operating Segments
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4 segment
CY2019 us-gaap Number Of Operating Segments
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3238000000.0 USD
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500000 USD
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230500000 USD
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500000 USD
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1900000 USD
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1.000
CY2019 rbc Defined Benefit Pension Assets Target Return
DefinedBenefitPensionAssetsTargetReturn
0.070
CY2019Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1.000
CY2018Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1.000
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
203400000 USD
CY2018Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
174000000.0 USD
CY2018 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
10900000 USD
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
276300000 USD
CY2018Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
244000000.0 USD
CY2019Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0.030
CY2019 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.044
CY2018 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.038
CY2017 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.043
CY2019 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.070
CY2018 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.069
CY2017 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.070
CY2019 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
10800000 USD
CY2019Q4 us-gaap Defined Benefit Plan Expected Future Employer Contributions Next Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear
10100000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
31100000 USD
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
300000 USD
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
200000 USD
CY2019 us-gaap Lease Cost
LeaseCost
31600000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
26600000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
500000 USD
CY2019Q4 rbc Lessee Liability Payments Due Next Twelve Months
LesseeLiabilityPaymentsDueNextTwelveMonths
27100000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
20900000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
500000 USD
CY2019Q4 rbc Lessee Liability Payments Due Year Two
LesseeLiabilityPaymentsDueYearTwo
21400000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
14100000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
600000 USD
CY2019Q4 rbc Lessee Liability Payments Due Year Three
LesseeLiabilityPaymentsDueYearThree
14700000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
8300000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
600000 USD
CY2019Q4 rbc Lessee Liability Payments Due Year Four
LesseeLiabilityPaymentsDueYearFour
8900000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
5200000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
600000 USD
CY2019Q4 rbc Lessee Liability Payments Due Year Five
LesseeLiabilityPaymentsDueYearFive
5800000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
13400000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
1900000 USD
CY2019Q4 rbc Lessee Liability Payments Dueafter Year Five
LesseeLiabilityPaymentsDueafterYearFive
15300000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
4700000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
88500000 USD
CY2019Q4 rbc Lessee Liability Payments Due
LesseeLiabilityPaymentsDue
93200000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
15900000 USD
CY2019Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1000000.0 USD
CY2019Q4 rbc Lessee Liability Undiscounted Excess Amount
LesseeLiabilityUndiscountedExcessAmount
16900000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
72600000 USD
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
3700000 USD
CY2019Q4 rbc Lease Liability
LeaseLiability
76300000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
30800000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
24700000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
19200000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
11700000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
6500000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
16200000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
30600000 USD
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
300000 USD
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
200000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
13600000 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y8M12D
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P8Y3M18D
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.088
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.059
CY2019Q4 rbc Lessee Operating Lease Lease Not Yet Commenced Undiscounted Amount
LesseeOperatingLeaseLeaseNotYetCommencedUndiscountedAmount
10500000 USD
CY2018 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
1652887 shares
CY2018 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
77.31
CY2018 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
127800000 USD
CY2019 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
180763 shares
CY2019 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
83.01
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
16900000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
13600000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3100000 USD
CY2019 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
15000000.0 USD
CY2019Q4 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
235000000.0 shares
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
13000000.0 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4100000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
5200000 USD
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
23000000.0 USD
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
12800000 USD
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
11900000 USD
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
18500000 USD
CY2019 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y10M24D
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
126700000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
121500000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
147400000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
177100000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
170700000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
129800000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
303800000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
292200000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
277200000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1800000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
4500000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
36900000 USD
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.030
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.008
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1100000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
800000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-300000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
35900000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
37900000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
32200000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
38800000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
43200000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
68800000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
20400000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
16600000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-7200000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
2600000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
2100000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
2200000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-600000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-5500000 USD
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-4700000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
22400000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
13200000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-9700000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
61200000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
56400000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
59100000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.013
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.011
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.003
CY2019 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0
CY2017 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.010
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.025
CY2018 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.025
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.003
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.006
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Percent
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Percent
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent
-0.013
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Percent
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent
-0.004
CY2019 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0.034
CY2018 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0.013
CY2017 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0
CY2019 rbc Effective Income Tax Rate Reconciliation Adjustments To Tax Accruals And Reserves Percent
EffectiveIncomeTaxRateReconciliationAdjustmentsToTaxAccrualsAndReservesPercent
0.003
CY2018 rbc Effective Income Tax Rate Reconciliation Adjustments To Tax Accruals And Reserves Percent
EffectiveIncomeTaxRateReconciliationAdjustmentsToTaxAccrualsAndReservesPercent
0
CY2017 rbc Effective Income Tax Rate Reconciliation Adjustments To Tax Accruals And Reserves Percent
EffectiveIncomeTaxRateReconciliationAdjustmentsToTaxAccrualsAndReservesPercent
-0.019
CY2019 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
-0.017
CY2018 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
0
CY2017 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.006
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.005
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.007
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.201
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.193
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.213
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
113500000 USD
CY2019Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
58400000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
171900000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
114100000 USD
CY2018Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
34200000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
148300000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
54300000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
53900000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
2000000.0 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
2200000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
2500000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
3600000 USD
CY2019Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
7300000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Deferred Expense Reserves And Accruals
DeferredTaxLiabilitiesDeferredExpenseReservesAndAccruals
2600000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Deferred Expense Reserves And Accruals
DeferredTaxLiabilitiesDeferredExpenseReservesAndAccruals
8000000.0 USD
CY2018Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
1800000 USD
CY2018Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
14600000 USD
CY2019Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
1400000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
35400000 USD
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
13100000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
12900000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
4900000 USD
CY2019Q4 rbc Deferred Tax Assets Operating Lease Liability
DeferredTaxAssetsOperatingLeaseLiability
17200000 USD
CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
18000000.0 USD
CY2018Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
14000000.0 USD
CY2019Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
122600000 USD
CY2018Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
90300000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
36100000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
32200000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
182800000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
172200000 USD
CY2019Q4 rbc Deferred Tax Liabilities Operating Lease Right Of Use Asset
DeferredTaxLiabilitiesOperatingLeaseRightOfUseAsset
17200000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
236100000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
204400000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
113500000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
114100000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
10000000.0 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
2700000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
5300000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
700000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6700000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
300000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
100000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
400000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6500000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
300000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6900000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
700000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2018 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
20200000 USD
CY2019 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6900000 USD
CY2019 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
500000 USD
CY2018 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
200000 USD
CY2017 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
-200000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
2300000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
1900000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
1700000 USD
CY2019Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
400000 USD
CY2019Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
35400000 USD
CY2019 rbc Deferred Tax Assets Operating Loss Carryforwards Expiration Period
DeferredTaxAssetsOperatingLossCarryforwardsExpirationPeriod
P15Y
CY2018Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
13100000 USD
CY2018 rbc Deferred Tax Assets Operating Loss Carryforwards Expiration Period
DeferredTaxAssetsOperatingLossCarryforwardsExpirationPeriod
P15Y
CY2019 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
12900000 USD
CY2018 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
4900000 USD
CY2019 us-gaap Income Tax Holiday Aggregate Dollar Amount
IncomeTaxHolidayAggregateDollarAmount
3900000 USD
CY2019Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
123200000 USD
CY2019Q4 rbc Deferred Tax Liability For Local Withholding Taxes Not Recorded
DeferredTaxLiabilityForLocalWithholdingTaxesNotRecorded
19100000 USD
CY2018Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
14800000 USD
CY2017Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
16000000.0 USD
CY2019 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
14500000 USD
CY2018 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
20100000 USD
CY2019 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
15200000 USD
CY2018 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
300000 USD
CY2019 rbc Standard Product Warranty Accrual Held For Sale
StandardProductWarrantyAccrualHeldForSale
400000 USD
CY2018 rbc Standard Product Warranty Accrual Held For Sale
StandardProductWarrantyAccrualHeldForSale
1400000 USD
CY2019 us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
0 USD
CY2018 us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
200000 USD
CY2019Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
15100000 USD
CY2018Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
14800000 USD
CY2019 us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred
1300000 USD
CY2018 us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred
-2100000 USD
CY2018 rbc Restructuring And Restructuring Related Costs
RestructuringAndRestructuringRelatedCosts
7700000 USD
CY2019Q4 us-gaap Debt Securities Held To Maturity Derivative Cumulative Gain Loss
DebtSecuritiesHeldToMaturityDerivativeCumulativeGainLoss
8000000.0 USD
CY2019 rbc Net Current Deferred Gains Losses Expected To Be Realized
NetCurrentDeferredGainsLossesExpectedToBeRealized
6200000 USD
CY2018Q4 us-gaap Restructuring Reserve
RestructuringReserve
200000 USD
CY2017Q4 us-gaap Restructuring Reserve
RestructuringReserve
1200000 USD
CY2019 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
21600000 USD
CY2018 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
7700000 USD
CY2019 us-gaap Payments For Restructuring
PaymentsForRestructuring
20900000 USD
CY2018 us-gaap Payments For Restructuring
PaymentsForRestructuring
8700000 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
900000 USD
CY2018Q4 us-gaap Restructuring Reserve
RestructuringReserve
200000 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
21600000 USD
CY2018 us-gaap Restructuring Charges
RestructuringCharges
7600000 USD
CY2017 us-gaap Restructuring Charges
RestructuringCharges
13400000 USD
CY2019 us-gaap Other Restructuring Costs
OtherRestructuringCosts
0 USD
CY2018 us-gaap Other Restructuring Costs
OtherRestructuringCosts
100000 USD
CY2017 us-gaap Other Restructuring Costs
OtherRestructuringCosts
700000 USD
CY2019 rbc Restructuring And Restructuring Related Costs
RestructuringAndRestructuringRelatedCosts
21600000 USD
CY2017 rbc Restructuring And Restructuring Related Costs
RestructuringAndRestructuringRelatedCosts
14100000 USD
CY2019 rbc Restructuring And Restructuring Related Costs
RestructuringAndRestructuringRelatedCosts
21600000 USD
CY2018 rbc Restructuring And Restructuring Related Costs
RestructuringAndRestructuringRelatedCosts
7700000 USD
CY2017 rbc Restructuring And Restructuring Related Costs
RestructuringAndRestructuringRelatedCosts
14100000 USD
CY2019Q4 us-gaap Restructuring And Related Cost Expected Cost1
RestructuringAndRelatedCostExpectedCost1
27200000 USD

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