CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Oct. 02, 2021	Jan. 02, 2021
Current Assets:
Cash and Cash Equivalents	$ 328.6	$ 611.3
Trade Receivables, Less Allowances of $18.0 Million and $18.3 Million in 2021 and 2020, Respectively	560.9	432.0
Inventories	808.2	690.3
Prepaid Expenses and Other Current Assets	127.4	108.6
Assets Held for Sale	11.4	9.1
Total Current Assets	1,836.5	1,851.3
Net Property, Plant and Equipment	514.1	555.5
Operating Lease Assets	71.4	73.4
Goodwill	1,506.2	1,518.2
Intangible Assets, Net of Amortization	492.0	530.3
Deferred Income Tax Benefits	44.2	43.9
Other Noncurrent Assets	20.6	16.4
Total Assets	4,485.0	4,589.0
Current Liabilities:
Accounts Payable	512.7	360.1
Dividends Payable	13.4	12.2
Accrued Compensation and Employee Benefits	85.5	76.6
Other Accrued Expenses	135.5	120.5
Current Operating Lease Liabilities	20.8	21.6
Current Maturities of Long-Term Debt	1.0	231.0
Total Current Liabilities	768.9	822.0
Long-Term Debt	647.3	840.4
Deferred Income Taxes	167.1	172.0
Pension and Other Post Retirement Benefits	60.7	69.5
Noncurrent Operating Lease Liabilities	54.7	55.1
Other Noncurrent Liabilities	58.6	53.0
Contingencies (see Note 13)
Regal Rexnord Corporation Shareholders' Equity:
Common Stock, $0.01 par value, 100.0 Million Shares Authorized, 40.7 Million and 40.6 Million Shares Issued and Outstanding for 2021 and 2020, Respectively	0.4	0.4
Additional Paid-In Capital	701.7	696.6
Retained Earnings	2,186.4	2,010.7
Accumulated Other Comprehensive Loss	(193.7)	(163.3)
Total Regal Rexnord Corporation Shareholders' Equity	2,694.8	2,544.4
Noncontrolling Interests	32.9	32.6
Total Equity	2,727.7	2,577.0
Total Liabilities and Equity	$ 4,485.0	$ 4,589.0