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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jan. 02, 2021
Dec. 28, 2019
Current Assets:    
Cash and Cash Equivalents $ 611.3 $ 331.4
Trade Receivables, Less Allowances of $18.3 Million in 2020 and $9.7 Million in 2019 432.0 461.4
Inventories 690.3 678.4
Prepaid Expenses and Other Current Assets 108.6 133.7
Assets Held for Sale 9.1 2.8
Total Current Assets 1,851.3 1,607.7
Net Property, Plant and Equipment 555.5 605.0
Operating Lease, Right-of-Use Asset 73.4 71.0
Goodwill 1,518.2 1,501.3
Intangible Assets, Net of Amortization 530.3 567.2
Deferred Income Tax Benefits 43.9 58.4
Other Noncurrent Assets 16.4 20.1
Total Assets 4,589.0 4,430.7
Current Liabilities:    
Accounts Payable 360.1 337.0
Dividends Payable 12.2 12.2
Accrued Compensation and Benefits 76.6 67.3
Other Accrued Expenses 120.5 121.8
Current Operating Lease Liabilities 21.6 21.6
Current Maturities of Long-Term Debt 231.0 0.6
Total Current Liabilities 822.0 560.5
Long-Term Debt 840.4 1,136.9
Deferred Income Taxes 172.0 171.9
Pension and Other Post Retirement Benefits 69.5 80.8
Noncurrent Operating Lease Liabilities 55.1 51.0
Other Noncurrent Liabilities 53.0 49.2
Contingencies (see Note 12)
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 at 2020 and 2019, Respectively 0.4 0.4
Additional Paid-In Capital 696.6 701.8
Retained Earnings 2,010.7 1,886.7
Accumulated Other Comprehensive Loss (163.3) (237.8)
Total Regal Beloit Corporation Shareholders' Equity 2,544.4 2,351.1
Noncontrolling Interests 32.6 29.3
Total Equity 2,577.0 2,380.4
Total Liabilities and Equity $ 4,589.0 $ 4,430.7