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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Jan. 01, 2022
Current Assets:    
Cash and Cash Equivalents $ 688.5 $ 672.8
Trade Receivables, Less Allowances of $30.9 Million in 2022 and $18.7 Million in 2021 797.4 785.8
Inventories 1,336.9 1,192.4
Prepaid Expenses and Other Current Assets 150.9 145.1
Deferred Financing Fees 17.0 0.0
Assets Held for Sale 9.8 12.5
Total Current Assets 3,000.5 2,808.6
Net Property, Plant and Equipment 807.0 908.5
Operating Lease Assets 110.9 112.4
Goodwill 4,018.8 4,039.2
Intangible Assets, Net of Amortization 2,229.9 2,429.2
Deferred Income Tax Benefits 43.9 35.7
Other Noncurrent Assets 57.9 33.8
Total Assets 10,268.9 10,367.4
Current Liabilities:    
Accounts Payable 497.7 643.8
Dividends Payable 23.2 22.3
Accrued Compensation and Benefits 141.1 143.9
Other Accrued Expenses 280.0 253.2
Current Operating Lease Liabilities 26.4 27.2
Current Maturities of Long-Term Debt 33.8 4.9
Total Current Liabilities 1,002.2 1,095.3
Long-Term Debt 1,989.7 1,913.6
Deferred Income Taxes 591.9 679.7
Pension and Other Post Retirement Benefits 97.6 111.7
Noncurrent Operating Lease Liabilities 88.1 89.5
Other Noncurrent Liabilities 76.8 69.4
Contingencies (see Note 12)
Regal Rexnord Corporation Shareholders' Equity:    
Common Stock, $0.01 Par Value, 100.0 Million Shares Authorized, 66.2 Million and 67.6 Million Shares Issued and Outstanding at 2022 and 2021, Respectively 0.7 0.7
Additional Paid-In Capital 4,609.6 4,651.8
Retained Earnings 2,130.0 1,912.6
Accumulated Other Comprehensive Loss (352.1) (195.1)
Total Regal Rexnord Corporation Shareholders' Equity 6,388.2 6,370.0
Noncontrolling Interests 34.4 38.2
Total Equity 6,422.6 6,408.2
Total Liabilities and Equity $ 10,268.9 $ 10,367.4