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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and Cash Equivalents $ 1,143.3 $ 688.5
Trade Receivables, Less Allowances of $29.7 million and $30.9 million in 2023 and 2022, Respectively 1,028.3 797.4
Inventories 1,732.5 1,336.9
Prepaid Expenses and Other Current Assets 200.4 150.9
Deferred Financing Fees 0.0 17.0
Assets Held for Sale 4.6 9.8
Total Current Assets 4,109.1 3,000.5
Net Property, Plant and Equipment 1,214.7 807.0
Operating Lease Assets 159.3 110.9
Goodwill 6,526.7 4,018.8
Intangible Assets, Net of Amortization 4,414.6 2,229.9
Deferred Income Tax Benefits 47.3 43.9
Other Noncurrent Assets 75.7 57.9
Total Assets 16,547.4 10,268.9
Current Liabilities:    
Accounts Payable 666.7 497.7
Dividends Payable 23.2 23.2
Accrued Compensation and Employee Benefits 219.0 141.1
Other Accrued Expenses 383.5 280.0
Current Operating Lease Liabilities 39.2 26.4
Current Maturities of Long-Term Debt 74.2 33.8
Total Current Liabilities 1,405.8 1,002.2
Long-Term Debt 7,210.6 1,989.7
Deferred Income Taxes 1,150.8 591.9
Pension and Other Post Retirement Benefits 116.4 97.6
Noncurrent Operating Lease Liabilities 123.2 88.1
Other Noncurrent Liabilities 84.9 76.8
Contingencies (see Note 12 - Contingencies)
Regal Rexnord Corporation Shareholders' Equity:    
Common Stock, $0.01 par value, 100.0 million Shares Authorized, 66.3 million and 66.2 million Shares Issued and Outstanding for 2023 and 2022, Respectively 0.7 0.7
Additional Paid-In Capital 4,619.2 4,609.6
Retained Earnings 2,100.9 2,130.0
Accumulated Other Comprehensive Loss (300.2) (352.1)
Total Regal Rexnord Corporation Shareholders' Equity 6,420.6 6,388.2
Noncontrolling Interests 35.1 34.4
Total Equity 6,455.7 6,422.6
Total Liabilities and Equity $ 16,547.4 $ 10,268.9