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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Jan. 01, 2022
Current Assets:    
Cash and Cash Equivalents $ 723.6 $ 672.8
Trade Receivables, Less Allowances of $29.2 Million and $18.7 Million in 2022 and 2021, Respectively 816.0 785.8
Inventories 1,361.5 1,192.4
Prepaid Expenses and Other Current Assets 134.2 145.1
Assets Held for Sale 10.8 12.5
Total Current Assets 3,046.1 2,808.6
Net Property, Plant and Equipment 790.5 908.5
Operating Lease Assets 115.4 112.4
Goodwill 3,968.8 4,039.2
Intangible Assets, Net of Amortization 2,239.3 2,429.2
Deferred Income Tax Benefits 35.7 35.7
Other Noncurrent Assets 53.2 33.8
Total Assets 10,249.0 10,367.4
Current Liabilities:    
Accounts Payable 548.2 643.8
Dividends Payable 23.1 22.3
Accrued Compensation and Employee Benefits 129.2 143.9
Other Accrued Expenses 294.1 253.2
Current Operating Lease Liabilities 27.5 27.2
Current Maturities of Long-Term Debt 30.7 4.9
Total Current Liabilities 1,052.8 1,095.3
Long-Term Debt 2,165.2 1,913.6
Deferred Income Taxes 586.5 679.7
Pension and Other Post Retirement Benefits 101.3 111.7
Noncurrent Operating Lease Liabilities 92.0 89.5
Other Noncurrent Liabilities 79.4 69.4
Contingencies (see Note 12)
Regal Rexnord Corporation Shareholders' Equity:    
Common Stock, $0.01 par value, 100.0 Million Shares Authorized, 66.1 Million and 67.6 Million Shares Issued and Outstanding for 2022 and 2021, Respectively 0.7 0.7
Additional Paid-In Capital 4,604.1 4,651.8
Retained Earnings 2,051.7 1,912.6
Accumulated Other Comprehensive Loss (516.6) (195.1)
Total Regal Rexnord Corporation Shareholders' Equity 6,139.9 6,370.0
Noncontrolling Interests 31.9 38.2
Total Equity 6,171.8 6,408.2
Total Liabilities and Equity $ 10,249.0 $ 10,367.4