XML 465 R6.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jan. 01, 2022
Jan. 02, 2021
Current Assets:    
Cash and Cash Equivalents $ 672.8 $ 611.3
Trade Receivables, Less Allowances of $18.7 Million in 2021 and $18.3 Million in 2020 785.8 432.0
Inventories 1,106.6 690.3
Prepaid Expenses and Other Current Assets 145.1 108.6
Assets Held for Sale 12.5 9.1
Total Current Assets 2,722.8 1,851.3
Net Property, Plant and Equipment 908.5 555.5
Operating Lease, Right-of-Use Asset 112.4 73.4
Goodwill 4,039.2 1,518.2
Intangible Assets, Net of Amortization 2,429.2 530.3
Deferred Income Tax Benefits 35.7 43.9
Other Noncurrent Assets 33.8 16.4
Total Assets 10,281.6 4,589.0
Current Liabilities:    
Accounts Payable 643.8 360.1
Dividends Payable 22.3 12.2
Accrued Compensation and Benefits 143.9 76.6
Other Accrued Expenses 253.2 120.5
Current Operating Lease Liabilities 27.2 21.6
Current Maturities of Long-Term Debt 4.9 231.0
Total Current Liabilities 1,095.3 822.0
Long-Term Debt 1,913.6 840.4
Deferred Income Taxes 652.0 172.0
Pension and Other Post Retirement Benefits 111.7 69.5
Noncurrent Operating Lease Liabilities 89.5 55.1
Other Noncurrent Liabilities 69.4 53.0
Contingencies (see Note 12)
Regal Rexnord Corporation Shareholders' Equity:    
Common Stock, $0.01 Par Value, 100.0 Million Shares Authorized, 67.6 Million and 40.6 Million Shares Issued and Outstanding at 2021 and 2020, Respectively 0.7 0.4
Additional Paid-In Capital 4,651.8 696.6
Retained Earnings 1,854.5 2,010.7
Accumulated Other Comprehensive Loss (195.1) (163.3)
Total Regal Rexnord Corporation Shareholders' Equity 6,311.9 2,544.4
Noncontrolling Interests 38.2 32.6
Total Equity 6,350.1 2,577.0
Total Liabilities and Equity $ 10,281.6 $ 4,589.0