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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Sep. 28, 2019
Dec. 29, 2018
Current Assets:    
Cash and Cash Equivalents $ 293.0 $ 248.6
Trade Receivables, Less Allowances of $9.4 Million in 2019 and $13.3 Million in 2018 491.7 551.9
Inventories 725.7 767.2
Prepaid Expenses and Other Current Assets 154.7 157.9
Assets Held for Sale 2.8 92.1
Total Current Assets 1,667.9 1,817.7
Net Property, Plant, and Equipment 609.0 615.5
Operating Lease Assets 76.1 0.0
Goodwill 1,496.4 1,509.2
Intangible Assets, Net of Amortization 577.5 625.5
Deferred Income Tax Benefits 31.5 34.2
Other Noncurrent Assets 19.9 21.7
Total Assets 4,478.3 4,623.8
Current Liabilities:    
Accounts Payable 362.3 424.8
Dividends Payable 12.3 12.0
Current Hedging Obligations 10.9 11.3
Accrued Compensation and Employee Benefits 73.6 81.9
Other Accrued Expenses 106.8 136.0
Liabilities Held for Sale 0.0 17.0
Current Operating Lease Liabilities 22.7 0.0
Current Maturities of Long-Term Debt 0.6 0.5
Total Current Liabilities 589.2 683.5
Long-Term Debt 1,200.3 1,306.6
Deferred Income Taxes 163.0 148.3
Noncurrent Hedging Obligations 2.2 1.2
Pension and Other Post Retirement Benefits 89.8 96.2
Noncurrent Operating Lease Liabilities 55.3 0.0
Other Noncurrent Liabilities 49.4 49.5
Contingencies (see Note 13)
Regal Beloit Corporation Shareholders' Equity:    
Common Stock, $0.01 par value, 100.0 Million Shares Authorized, 40.9 Million and 42.8 Million Shares Issued and Outstanding for 2019 and 2018, Respectively 0.4 0.4
Additional Paid-In Capital 707.8 783.6
Retained Earnings 1,870.9 1,777.9
Accumulated Other Comprehensive Loss (277.8) (251.4)
Total Regal Beloit Corporation Shareholders' Equity 2,301.3 2,310.5
Noncontrolling Interests 27.8 28.0
Total Equity 2,329.1 2,338.5
Total Liabilities and Equity $ 4,478.3 $ 4,623.8