REGAL REXNORD CORP
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
RRX$179.96-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Comprehensive Income
(Dollars in Millions)
| For the Year Ended | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| December 31, 2024 · December 31, 2023 · December 31, 2022 | ||||||||||
| Net Income (Loss) | $198.4 | $(54.3) | $494.9 | |||||||
| Other Comprehensive (Loss) Income Net of Tax: | ||||||||||
| Translation: | ||||||||||
| Foreign Currency Translation Adjustments | (251.6) | 69.4 | (157.9) | |||||||
| Reclassification of Foreign Currency Translation Losses to Earnings (see Note 3 - Acquisitions and Divestitures) | 121.3 | — | — | |||||||
| Hedging Activities: | ||||||||||
| (Decrease) Increase in Fair Value of Hedging Activities, Net of Tax Effects of $(4.5) Million in 2024, $6.8 Million in 2023 and $1.5 Million in 2022 | $(14.1) | $21.4 | $4.6 | |||||||
| Reclassification of Gains Included in Net Income (Loss), Net of Tax Effects of $(6.4) Million in 2024, $(3.1) Million in 2023 and $(2.6) Million in 2022 | (20.2) | (34.3) | (9.9) | 11.5 | (8.3) | (3.7) | ||||
| Pension and Post Retirement Plans: | ||||||||||
| Decrease (Increase) in Prior Service Cost and Unrecognized Loss, Net of Tax Effects of $1.2 million in 2024, $(3.3) million in 2023 and zero in 2022 | 3.7 | (10.4) | 0.1 | |||||||
| Amortization of Prior Service Cost and Unrecognized (Gain) Loss Included in Net Periodic Pension Cost, Net of Tax Effects of $(0.1) Million in 2024, $(0.4) Million in 2023 and $0.2 Million in 2022 | (0.2) | 3.5 | (1.3) | (11.7) | 0.9 | 1.0 | ||||
| Other Comprehensive (Loss) Income | (161.1) | 69.2 | (160.6) | |||||||
| Comprehensive Income | 37.3 | 14.9 | 334.3 | |||||||
| Less: Comprehensive Income Attributable to Noncontrolling Interest | 1.4 | 2.6 | 2.4 | |||||||
| Comprehensive Income Attributable to Regal Rexnord Corporation | $35.9 | $12.3 | $331.9 | |||||||
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