2021 Q1 Form 10-K Financial Statement

#000008281121000043 Filed on March 02, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2019 Q4 2019 Q3
Revenue $780.5M $738.2M $772.3M
YoY Change 6.31% -16.28% -16.54%
Cost Of Revenue $561.9M $570.4M
YoY Change 5.84% -16.46%
Gross Profit $218.6M $190.2M $201.9M
YoY Change 7.53% -20.65% -16.78%
Gross Profit Margin 28.01% 25.77% 26.14%
Selling, General & Admin $128.9M
YoY Change
% of Gross Profit 63.84%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $32.60M $33.90M
YoY Change 0.0% -3.97%
% of Gross Profit 14.91% 16.79%
Operating Expenses $125.0M $128.9M
YoY Change -5.23% -16.84%
Operating Profit $93.60M $61.70M $72.80M
YoY Change 33.71% -31.29% 4.9%
Interest Expense -$6.500M $13.50M
YoY Change -156.03% -1.46%
% of Operating Profit -6.94% 18.54%
Other Income/Expense, Net $1.100M -$100.0K
YoY Change 0.0%
Pretax Income $68.80M $60.70M
YoY Change 13.53% 7.82%
Income Tax $17.30M $9.900M
% Of Pretax Income 25.15% 16.31%
Net Earnings $50.40M $36.70M $49.70M
YoY Change 10.04% -33.99% -3.12%
Net Earnings / Revenue 6.46% 4.97% 6.44%
Basic Earnings Per Share $0.90 $1.20
Diluted Earnings Per Share $1.226M $0.89 $1.19
COMMON SHARES
Basic Shares Outstanding 40.62M shares 40.90M shares 41.50M shares
Diluted Shares Outstanding 41.10M shares 41.70M shares

Balance Sheet

Concept 2021 Q1 2019 Q4 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $611.3M
YoY Change
Cash & Equivalents $611.3M $331.4M $293.0M
Short-Term Investments
Other Short-Term Assets $117.7M
YoY Change
Inventory $690.3M $678.4M $725.7M
Prepaid Expenses
Receivables $432.0M $461.4M $491.7M
Other Receivables $0.00
Total Short-Term Assets $1.851B $1.608B $1.668B
YoY Change 0.92% -11.55% -3.58%
LONG-TERM ASSETS
Property, Plant & Equipment $628.9M $605.0M $609.0M
YoY Change 10.28% -1.71% -5.51%
Goodwill $1.518B $1.501B $1.496B
YoY Change 1.62% -0.52% -1.83%
Intangibles $530.3M $567.2M $577.5M
YoY Change -4.07% -9.32% -11.59%
Long-Term Investments
YoY Change
Other Assets $16.40M $20.10M $19.90M
YoY Change -22.64% -7.37% -8.29%
Total Long-Term Assets $2.738B $2.823B $2.810B
YoY Change -0.5% 0.6% -2.12%
TOTAL ASSETS
Total Short-Term Assets $1.851B $1.608B $1.668B
Total Long-Term Assets $2.738B $2.823B $2.810B
Total Assets $4.589B $4.431B $4.478B
YoY Change 0.07% -4.18% -2.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $360.1M $337.0M $362.3M
YoY Change 5.82% -20.67% -12.76%
Accrued Expenses $218.7M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $231.0M $600.0K $600.0K
YoY Change 38400.0% 20.0% 0.0%
Total Short-Term Liabilities $822.0M $560.5M $589.2M
YoY Change 41.65% -18.0% -10.96%
LONG-TERM LIABILITIES
Long-Term Debt $840.4M $1.137B $1.200B
YoY Change -38.4% -12.99% -6.1%
Other Long-Term Liabilities $53.00M $49.20M $49.40M
YoY Change 22.97% -0.61% -6.44%
Total Long-Term Liabilities $893.4M $1.186B $1.250B
YoY Change -36.52% -12.54% -6.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $822.0M $560.5M $589.2M
Total Long-Term Liabilities $893.4M $1.186B $1.250B
Total Liabilities $1.715B $1.747B $1.839B
YoY Change -13.7% -14.37% -7.72%
SHAREHOLDERS EQUITY
Retained Earnings $2.011B $1.887B $1.871B
YoY Change 5.62% 6.12% 7.38%
Common Stock $697.0M $702.2M $708.2M
YoY Change 0.59% -10.43% -13.54%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.544B $2.351B $2.301B
YoY Change
Total Liabilities & Shareholders Equity $4.589B $4.431B $4.478B
YoY Change 0.07% -4.18% -2.67%

Cashflow Statement

Concept 2021 Q1 2019 Q4 2019 Q3
OPERATING ACTIVITIES
Net Income $50.40M $36.70M $49.70M
YoY Change 10.04% -33.99% -3.12%
Depreciation, Depletion And Amortization $32.60M $33.90M
YoY Change 0.0% -3.97%
Cash From Operating Activities $125.5M
YoY Change 22.2%
INVESTING ACTIVITIES
Capital Expenditures -$17.80M $21.10M
YoY Change -263.3% 12.83%
Acquisitions
YoY Change
Other Investing Activities $2.600M
YoY Change
Cash From Investing Activities -$15.20M
YoY Change 92.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -12.40M
YoY Change -106.57%
NET CHANGE
Cash From Operating Activities 125.5M
Cash From Investing Activities -15.20M
Cash From Financing Activities -12.40M
Net Change In Cash 97.90M
YoY Change -64.15%
FREE CASH FLOW
Cash From Operating Activities $125.5M
Capital Expenditures -$17.80M $21.10M
Free Cash Flow $143.3M
YoY Change 56.1%

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CY2021 us-gaap Repayments Of Long Term Debt
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CY2019 us-gaap Repayments Of Long Term Debt
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CY2018 us-gaap Repayments Of Long Term Debt
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CY2021 us-gaap Payments Of Dividends Common Stock
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48700000 USD
CY2019 us-gaap Payments Of Dividends Common Stock
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48900000 USD
CY2018 us-gaap Payments Of Dividends Common Stock
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47200000 USD
CY2021 us-gaap Proceeds From Stock Options Exercised
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200000 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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CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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10900000 USD
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2021 us-gaap Payments To Minority Shareholders
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CY2019 us-gaap Payments To Minority Shareholders
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CY2018 us-gaap Payments To Minority Shareholders
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CY2021 us-gaap Payments Of Financing Costs
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CY2019 us-gaap Payments Of Financing Costs
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CY2018 us-gaap Payments Of Financing Costs
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3500000 USD
CY2021 us-gaap Payments For Repurchase Of Common Stock
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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
CY2021 us-gaap Payments Of Distributions To Affiliates
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2800000 USD
CY2019 us-gaap Payments Of Distributions To Affiliates
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1800000 USD
CY2018 us-gaap Payments Of Distributions To Affiliates
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1600000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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-147600000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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-397400000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-8100000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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279900000 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
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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29100000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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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
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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139600000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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611300000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021 us-gaap Interest Paid Net
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CY2019 us-gaap Interest Paid Net
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CY2018 us-gaap Interest Paid Net
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CY2021 us-gaap Number Of Operating Segments
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CY2021 us-gaap Income Taxes Paid Net
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CY2019 us-gaap Income Taxes Paid Net
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42300000 USD
CY2018 us-gaap Income Taxes Paid Net
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81200000 USD
CY2021 us-gaap Nature Of Operations
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Nature of OperationsRegal Beloit Corporation (the “Company”) is a United States based multi-national corporation. The Company is comprised of four operating segments: the Commercial Systems segment produces fractional to approximately 5 horsepower AC and DC motors, electronic variable speed controls, fans, and blowers for commercial applications; the Industrial Systems segment produces integral motors, generators, alternators and switchgear for industrial applications, along with aftermarket parts and kits to support such products; the Climate Solutions segment produces small motors, electronic variable speed controls and air moving solutions; and the 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.
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;text-decoration:underline">Use of Estimates</span></div><div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 credit losses; 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>
CY2021 us-gaap Number Of Operating Segments
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4 segment
CY2021 us-gaap Number Of Operating Segments
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4 segment
CY2021 us-gaap Revenue Performance Obligation Description Of Payment Terms
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due upon delivery to 120 days after delivery
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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2907000000.0 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3238000000.0 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3645600000 USD
CY2021Q1 us-gaap Capitalized Contract Cost Amortization Period
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P12M
CY2021 us-gaap Research And Development Expense
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34700000 USD
CY2019 us-gaap Research And Development Expense
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22500000 USD
CY2018 us-gaap Research And Development Expense
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29300000 USD
CY2021 us-gaap Concentration Risk Credit Risk
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<div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;text-decoration:underline">Concentration of Credit Risk</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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>
CY2021Q1 us-gaap Percentage Of Lifo Inventory
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0.500
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CY2019Q4 rbc Lifo Inventory Pools
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3 inventory_pool
CY2021 rbc Percentage Of Raw Material And Work In Process
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0.487
CY2019 rbc Percentage Of Raw Material And Work In Process
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0.480
CY2021 rbc Percentage Of Finished Goods And Purchased Parts
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0.513
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0.520
CY2021Q1 us-gaap Percentage Of Lifo Inventory
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0.500
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0.530
CY2021Q1 rbc Fifo Lifo Valuation Difference
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60000000.0 USD
CY2019Q4 rbc Fifo Lifo Valuation Difference
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62000000.0 USD
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789500000 USD
CY2019Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
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768700000 USD
CY2021Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
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555500000 USD
CY2019Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
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CY2021 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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5300000 USD
CY2019 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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CY2021 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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5300000 USD
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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400000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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40600000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
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42000000.0 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
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43600000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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200000 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
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
300000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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40800000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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42200000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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43900000 shares
CY2021Q1 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
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9100000 USD
CY2019Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
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2800000 USD
CY2018Q4 us-gaap Goodwill
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CY2019 us-gaap Goodwill Written Off Related To Sale Of Business Unit
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2800000 USD
CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
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CY2019Q4 us-gaap Goodwill
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1501300000 USD
CY2021 us-gaap Goodwill Impairment Loss
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10500000 USD
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
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27400000 USD
CY2021Q1 us-gaap Goodwill
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1518200000 USD
CY2021Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
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295700000 USD
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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1010200000 USD
CY2021 us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
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21800000 USD
CY2021Q1 us-gaap Intangible Assets Gross Excluding Goodwill
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1032000000.0 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
41800000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
41700000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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443000000.0 USD
CY2021 us-gaap Amortization Of Intangible Assets
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47300000 USD
CY2021 rbc Finite Lived Intangible Assets Accumulated Amortization Translation Adjustments
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11400000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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501700000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
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CY2021Q1 us-gaap Finite Lived Intangible Assets Net
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CY2021 us-gaap Amortization Of Intangible Assets
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47300000 USD
CY2019 us-gaap Amortization Of Intangible Assets
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50300000 USD
CY2018 us-gaap Amortization Of Intangible Assets
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54900000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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43600000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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39000000.0 USD
CY2021 us-gaap Number Of Operating Segments
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4 segment
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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2907000000.0 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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2907000000.0 USD
CY2021 us-gaap Gross Profit
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CY2021 us-gaap Goodwill Impairment Loss
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10500000 USD
CY2021 us-gaap Gain Loss On Sale Of Business
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100000 USD
CY2021 us-gaap Other Asset Impairment Charges
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5300000 USD
CY2021 us-gaap Operating Income Loss
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131400000 USD
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3238000000.0 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3238000000.0 USD
CY2019 us-gaap Gross Profit
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860700000 USD
CY2019 us-gaap Operating Expenses
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544300000 USD
CY2019 us-gaap Other Asset Impairment Charges
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10000000.0 USD
CY2019 us-gaap Gain Loss On Sale Of Business
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44700000 USD
CY2019 us-gaap Operating Income Loss
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351100000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
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134500000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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92400000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3645600000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3645600000 USD
CY2018 us-gaap Gross Profit
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CY2018 us-gaap Operating Expenses
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CY2018 us-gaap Goodwill Impairment Loss
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9500000 USD
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8700000 USD
CY2018 us-gaap Operating Income Loss
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347000000.0 USD
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142400000 USD
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CY2021Q1 us-gaap Assets
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CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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2907000000.0 USD
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3238000000.0 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3645600000 USD
CY2021Q1 us-gaap Noncurrent Assets
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555500000 USD
CY2019Q4 us-gaap Noncurrent Assets
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605000000.0 USD
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3200000 USD
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4700000 USD
CY2021Q1 us-gaap Long Term Debt
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CY2021Q1 us-gaap Long Term Debt Current
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231000000.0 USD
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600000 USD
CY2021Q1 us-gaap Long Term Debt Noncurrent
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CY2021Q1 us-gaap Senior Notes
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1162100000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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231000000.0 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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18000000.0 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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823000000.0 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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600000 USD
CY2021Q1 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
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1.000
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1.000
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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600000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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1400000 USD
CY2021Q1 us-gaap Debt Instrument Carrying Amount
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1074600000 USD
CY2021Q1 us-gaap Defined Benefit Plan Plan Assets Target Allocation Percentage
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1.000
CY2021 rbc Defined Benefit Pension Assets Target Return
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0.062
CY2021 us-gaap Defined Benefit Plan Actuarial Gain Loss Immediate Recognition As Component In Net Periodic Benefit Cost Credit
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24100000 USD
CY2021Q1 us-gaap Liability For Future Policy Benefit Expected Net Premium Cumulative Increase Decrease Of Actual Variance From Expected Experience
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2900000 USD
CY2019 us-gaap Defined Benefit Plan Actuarial Gain Loss Immediate Recognition As Component In Net Periodic Benefit Cost Credit
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37000000.0 USD
CY2019Q4 us-gaap Liability For Future Policy Benefit Expected Net Premium Cumulative Increase Decrease Of Actual Variance From Expected Experience
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2100000 USD
CY2021Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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230200000 USD
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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203400000 USD
CY2021Q1 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
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292800000 USD
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
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276300000 USD
CY2019Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
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0.030
CY2021Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
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0.030
CY2021 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
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0.033
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
CY2021 us-gaap Operating Lease Cost
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30900000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
31100000 USD
CY2021 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 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
CY2021 rbc Lessee Operating Lease Number Of Options To Renew
LesseeOperatingLeaseNumberOfOptionsToRenew
1 option
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
300000 USD
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
300000 USD
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
200000 USD
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
200000 USD
CY2021 us-gaap Lease Cost
LeaseCost
31400000 USD
CY2019 us-gaap Lease Cost
LeaseCost
31600000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
26700000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
500000 USD
CY2021Q1 rbc Lessee Liability Payments Due Year One
LesseeLiabilityPaymentsDueYearOne
27200000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
19600000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
500000 USD
CY2021Q1 rbc Lessee Liability Payments Due Year Two
LesseeLiabilityPaymentsDueYearTwo
20100000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
13300000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
600000 USD
CY2021Q1 rbc Lessee Liability Payments Due Year Three
LesseeLiabilityPaymentsDueYearThree
13900000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
9000000.0 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
600000 USD
CY2021Q1 rbc Lessee Liability Payments Due Year Four
LesseeLiabilityPaymentsDueYearFour
9600000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
7000000.0 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
600000 USD
CY2021Q1 rbc Lessee Liability Payments Due Year Five
LesseeLiabilityPaymentsDueYearFive
7600000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
18400000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
1300000 USD
CY2021Q1 rbc Lessee Liability Payments Dueafter Year Five
LesseeLiabilityPaymentsDueafterYearFive
19700000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
94000000.0 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
4100000 USD
CY2021Q1 rbc Lessee Liability Payments Due
LesseeLiabilityPaymentsDue
98100000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
17300000 USD
CY2021Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
800000 USD
CY2021Q1 rbc Lessee Liability Undiscounted Excess Amount
LesseeLiabilityUndiscountedExcessAmount
18100000 USD
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
76700000 USD
CY2021Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
3300000 USD
CY2021Q1 rbc Lease Liability
LeaseLiability
80000000 USD
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
29700000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
30600000 USD
CY2021 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
300000 USD
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
300000 USD
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
200000 USD
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
200000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
24300000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
13600000 USD
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y2M12D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y8M12D
CY2021Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P7Y3M18D
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P8Y3M18D
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.082
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.088
CY2021Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.059
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.059
CY2021Q1 rbc Lessee Operating Lease Lease Not Yet Commenced Undiscounted Amount
LesseeOperatingLeaseLeaseNotYetCommencedUndiscountedAmount
1700000 USD
CY2013Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
3000000.0 USD
CY2018Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
250000000.0 USD
CY2019Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
250000000.0 USD
CY2021 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
315072 shares
CY2021 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
79.38
CY2021 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
25000000.0 USD
CY2019 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
2013782 shares
CY2019 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
74.52
CY2019 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
150100000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
9200000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
13000000.0 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
16900000 USD
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2200000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3100000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4100000 USD
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
7700000 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
CY2021Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
17900000 USD
CY2021 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y9M18D
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
80200000 USD
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
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
170400000 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
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
250600000 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
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
7100000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1800000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
4500000 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2700000 USD
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
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
63500000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
35900000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
37900000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
73300000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
38800000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
43200000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-2000000.0 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
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-300000 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
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-14200000 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
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-16500000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
22400000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
13200000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
56800000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
61200000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
56400000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
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
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.008
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
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.030
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.025
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.025
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.001
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.008
CY2018 rbc Effective Income Tax Rate Reconciliation Adjustments To Tax Accruals And Reserves Percent
EffectiveIncomeTaxRateReconciliationAdjustmentsToTaxAccrualsAndReservesPercent
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.003
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Percent
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent
0
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
CY2021 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0.012
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
CY2021 rbc Effective Income Tax Rate Reconciliation Adjustments To Tax Accruals And Reserves Percent
EffectiveIncomeTaxRateReconciliationAdjustmentsToTaxAccrualsAndReservesPercent
0.001
CY2019 rbc Effective Income Tax Rate Reconciliation Adjustments To Tax Accruals And Reserves Percent
EffectiveIncomeTaxRateReconciliationAdjustmentsToTaxAccrualsAndReservesPercent
0.003
CY2021 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
0
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
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.019
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
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.227
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.201
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.193
CY2021Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
128100000 USD
CY2021Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
43900000 USD
CY2021Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
172000000.0 USD
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
CY2021Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
36800000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
54300000 USD
CY2021Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
4900000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
2000000.0 USD
CY2021Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
3400000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
2500000 USD
CY2021Q1 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
10400000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6500000 USD
CY2019Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
7300000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Deferred Expense Reserves And Accruals
DeferredTaxLiabilitiesDeferredExpenseReservesAndAccruals
8800000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Deferred Expense Reserves And Accruals
DeferredTaxLiabilitiesDeferredExpenseReservesAndAccruals
2600000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Derivatives
DeferredTaxLiabilitiesDerivatives
7500000 USD
CY2019Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
1400000 USD
CY2021Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
9200000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
35400000 USD
CY2021Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
7400000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
12900000 USD
CY2021Q1 rbc Deferred Tax Assets Operating Lease Liability
DeferredTaxAssetsOperatingLeaseLiability
18800000 USD
CY2019Q4 rbc Deferred Tax Assets Operating Lease Liability
DeferredTaxAssetsOperatingLeaseLiability
17200000 USD
CY2021Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
34600000 USD
CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
18000000.0 USD
CY2021Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
94400000 USD
CY2019Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
122600000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
33700000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
36100000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
170900000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
182800000 USD
CY2021Q1 rbc Deferred Tax Liabilities Operating Lease Right Of Use Asset
DeferredTaxLiabilitiesOperatingLeaseRightOfUseAsset
17900000 USD
CY2019Q4 rbc Deferred Tax Liabilities Operating Lease Right Of Use Asset
DeferredTaxLiabilitiesOperatingLeaseRightOfUseAsset
17200000 USD
CY2021Q1 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
222500000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
236100000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
128100000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
113500000 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
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 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
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
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
200000 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
300000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6800000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6800000 USD
CY2021 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
400000 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
CY2021Q1 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
2700000 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
CY2021Q1 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
1300000 USD
CY2021Q1 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
9200000 USD
CY2021 rbc Deferred Tax Assets Operating Loss Carryforwards Expiration Period
DeferredTaxAssetsOperatingLossCarryforwardsExpirationPeriod
P15Y
CY2019Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
35400000 USD
CY2019 rbc Deferred Tax Assets Operating Loss Carryforwards Expiration Period
DeferredTaxAssetsOperatingLossCarryforwardsExpirationPeriod
P15Y
CY2021 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
7400000 USD
CY2019 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
12900000 USD
CY2021 us-gaap Income Tax Holiday Aggregate Dollar Amount
IncomeTaxHolidayAggregateDollarAmount
4100000 USD
CY2021Q1 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
149600000 USD
CY2021Q1 rbc Deferred Tax Liability For Local Withholding Taxes Not Recorded
DeferredTaxLiabilityForLocalWithholdingTaxesNotRecorded
15200000 USD
CY2021 rbc Number Of Subsidiaries Involved In Litigation
NumberOfSubsidiariesInvolvedInLitigation
1 subsidiary
CY2019Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
15100000 USD
CY2018Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
14800000 USD
CY2021 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
16700000 USD
CY2019 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
14500000 USD
CY2021 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
16900000 USD
CY2019 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
15200000 USD
CY2021 rbc Standard Product Warranty Accrual Held For Sale
StandardProductWarrantyAccrualHeldForSale
0 USD
CY2019 rbc Standard Product Warranty Accrual Held For Sale
StandardProductWarrantyAccrualHeldForSale
400000 USD
CY2021 us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-200000 USD
CY2019 us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
0 USD
CY2021Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
15500000 USD
CY2019Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
15100000 USD
CY2021 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
3700000 USD
CY2019 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
1300000 USD
CY2021Q1 us-gaap Debt Securities Held To Maturity Derivative Cumulative Gain Loss
DebtSecuritiesHeldToMaturityDerivativeCumulativeGainLoss
23500000 USD
CY2021 rbc Net Current Deferred Gains Losses Expected To Be Realized
NetCurrentDeferredGainsLossesExpectedToBeRealized
20200000 USD
CY2021 us-gaap Restructuring Charges
RestructuringCharges
26600000 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
900000 USD
CY2018Q4 us-gaap Restructuring Reserve
RestructuringReserve
200000 USD
CY2021 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
26600000 USD
CY2019 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
21600000 USD
CY2021 us-gaap Payments For Restructuring
PaymentsForRestructuring
25500000 USD
CY2019 us-gaap Payments For Restructuring
PaymentsForRestructuring
20900000 USD
CY2021Q1 us-gaap Restructuring Reserve
RestructuringReserve
2000000.0 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
900000 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
21600000 USD
CY2018 us-gaap Restructuring Charges
RestructuringCharges
7600000 USD
CY2021 us-gaap Other Restructuring Costs
OtherRestructuringCosts
0 USD
CY2019 us-gaap Other Restructuring Costs
OtherRestructuringCosts
0 USD
CY2018 us-gaap Other Restructuring Costs
OtherRestructuringCosts
100000 USD
CY2021 rbc Restructuring And Restructuring Related Costs
RestructuringAndRestructuringRelatedCosts
26600000 USD
CY2019 rbc Restructuring And Restructuring Related Costs
RestructuringAndRestructuringRelatedCosts
21600000 USD
CY2018 rbc Restructuring And Restructuring Related Costs
RestructuringAndRestructuringRelatedCosts
7700000 USD
CY2021 rbc Restructuring And Restructuring Related Costs
RestructuringAndRestructuringRelatedCosts
26600000 USD
CY2019 rbc Restructuring And Restructuring Related Costs
RestructuringAndRestructuringRelatedCosts
21600000 USD
CY2018 rbc Restructuring And Restructuring Related Costs
RestructuringAndRestructuringRelatedCosts
7700000 USD
CY2021Q1 us-gaap Restructuring And Related Cost Expected Cost1
RestructuringAndRelatedCostExpectedCost1
1600000 USD

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