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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2022
Jan. 01, 2022
Current Assets:    
Cash and Cash Equivalents $ 624.7 $ 672.8
Trade Receivables, Less Allowances of $18.6 Million and $18.7 Million in 2022 and 2021, Respectively 832.2 785.8
Inventories 1,336.9 1,192.4
Prepaid Expenses and Other Current Assets 166.9 145.1
Assets Held for Sale 11.7 12.5
Total Current Assets 2,972.4 2,808.6
Net Property, Plant and Equipment 852.7 908.5
Operating Lease Assets 116.5 112.4
Goodwill 4,051.3 4,039.2
Intangible Assets, Net of Amortization 2,402.7 2,429.2
Deferred Income Tax Benefits 35.7 35.7
Other Noncurrent Assets 39.8 33.8
Total Assets 10,471.1 10,367.4
Current Liabilities:    
Accounts Payable 641.3 643.8
Dividends Payable 22.1 22.3
Accrued Compensation and Employee Benefits 124.5 143.9
Other Accrued Expenses 238.0 253.2
Current Operating Lease Liabilities 27.5 27.2
Current Maturities of Long-Term Debt 3.2 4.9
Total Current Liabilities 1,056.6 1,095.3
Long-Term Debt 2,057.4 1,913.6
Deferred Income Taxes 661.7 679.7
Pension and Other Post Retirement Benefits 108.0 111.7
Noncurrent Operating Lease Liabilities 91.5 89.5
Other Noncurrent Liabilities 72.1 69.4
Contingencies (see Note 12)
Regal Rexnord Corporation Shareholders' Equity:    
Common Stock, $0.01 par value, 100.0 Million Shares Authorized, 67.0 Million and 67.6 Million Shares Issued and Outstanding for 2022 and 2021, Respectively 0.7 0.7
Additional Paid-In Capital 4,631.1 4,651.8
Retained Earnings 1,927.5 1,912.6
Accumulated Other Comprehensive Loss (175.6) (195.1)
Total Regal Rexnord Corporation Shareholders' Equity 6,383.7 6,370.0
Noncontrolling Interests 40.1 38.2
Total Equity 6,423.8 6,408.2
Total Liabilities and Equity $ 10,471.1 $ 10,367.4