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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 26, 2020
Dec. 28, 2019
Current Assets:    
Cash and Cash Equivalents $ 487.5 $ 331.4
Trade Receivables, Less Allowances of $15.6 Million in 2020 and $9.7 Million in 2019 472.5 461.4
Inventories 677.2 678.4
Prepaid Expenses and Other Current Assets 110.4 133.7
Assets Held for Sale 5.0 2.8
Total Current Assets 1,752.6 1,607.7
Net Property, Plant, and Equipment 549.4 605.0
Operating Lease Assets 74.7 71.0
Goodwill 1,508.4 1,501.3
Intangible Assets, Net of Amortization 535.4 567.2
Deferred Income Tax Benefits 43.9 58.4
Other Noncurrent Assets 15.0 20.1
Total Assets 4,479.4 4,430.7
Current Liabilities:    
Accounts Payable 363.8 337.0
Dividends Payable 12.2 12.2
Current Hedging Obligations 8.0 3.4
Accrued Compensation and Employee Benefits 82.1 67.3
Other Accrued Expenses 112.4 118.4
Current Operating Lease Liabilities 21.7 21.6
Current Maturities of Long-Term Debt 230.6 0.6
Total Current Liabilities 830.8 560.5
Long-Term Debt 840.2 1,136.9
Deferred Income Taxes 177.6 171.9
Noncurrent Hedging Obligations 2.3 1.2
Pension and Other Post Retirement Benefits 74.1 80.8
Noncurrent Operating Lease Liabilities 55.5 51.0
Other Noncurrent Liabilities 47.0 48.0
Contingencies (see Note 13)
Regal Beloit Corporation Shareholders' Equity:    
Common Stock, $0.01 par value, 100.0 Million Shares Authorized, 40.6 Million and 40.8 Million Shares Issued and Outstanding for 2020 and 2019, Respectively 0.4 0.4
Additional Paid-In Capital 695.9 701.8
Retained Earnings 1,972.5 1,886.7
Accumulated Other Comprehensive Loss (246.9) (237.8)
Total Regal Beloit Corporation Shareholders' Equity 2,421.9 2,351.1
Noncontrolling Interests 30.0 29.3
Total Equity 2,451.9 2,380.4
Total Liabilities and Equity $ 4,479.4 $ 4,430.7