XML 49 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Mar. 31, 2014
Current assets:    
Cash and cash equivalents $ 361.3 $ 339.0
Receivables, net 343.8 368.3
Inventories, net 373.6 359.7
Other current assets 51.4 53.8
Total current assets 1,130.1 1,120.8
Property, plant and equipment, net 424.9 440.9
Intangible assets, net 569.9 592.6
Goodwill 1,164.7 1,150.7
Insurance for asbestos claims 36.0 36.0
Other assets 41.4 42.5
Total assets 3,367.0 3,383.5
Current liabilities:    
Current maturities of debt 29.5 29.0
Trade payables 192.4 241.1
Compensation and benefits 50.4 61.4
Current portion of pension and postretirement benefit obligations 5.7 5.8
Other current liabilities 117.1 112.2
Total current liabilities 395.1 449.5
Long-term debt 1,934.6 1,943.0
Pension and postretirement benefit obligations 137.7 147.7
Deferred income taxes 228.6 207.1
Liability for asbestos claims 36.0 36.0
Other liabilities 42.3 38.1
Total liabilities 2,774.3 2,821.4
Stockholders' equity:    
Preferred stock, $0.01 par value; 10,000,000 shares authorized; none issued 0 0
Common stock, $0.01 par value; 200,000,000 shares authorized; shares issued: 102,566,236 at September 30, 2014 and 102,055,058 at March 31, 2014 1.0 1.0
Additional paid-in capital 881.1 872.7
Retained deficit (232.0) (281.3)
Accumulated other comprehensive loss (50.7) (23.8)
Treasury stock at cost; 900,904 shares at September 30, 2014 and March 31, 2014 (6.3) (6.3)
Total Rexnord stockholders' equity 593.1 562.3
Non-controlling interest (0.4) (0.2)
Total stockholders' equity 592.7 562.1
Total liabilities and stockholders' equity $ 3,367.0 $ 3,383.5