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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and Cash Equivalents $ 540.6 $ 688.5
Trade Receivables, Less Allowances of $36.9 million and $30.9 million in 2023 and 2022, Respectively 918.7 797.4
Inventories 1,302.8 1,336.9
Prepaid Expenses and Other Current Assets 224.0 150.9
Deferred Financing Fees 0.0 17.0
Assets Held for Sale 385.9 9.8
Total Current Assets 3,372.0 3,000.5
Net Property, Plant and Equipment 1,055.6 807.0
Operating Lease Assets 167.8 110.9
Goodwill 6,473.0 4,018.8
Intangible Assets, Net of Amortization 4,117.3 2,229.9
Deferred Income Tax Benefits 43.0 43.9
Other Noncurrent Assets 61.0 57.9
Noncurrent Assets Held for Sale 75.3 0.0
Total Assets 15,365.0 10,268.9
Current Liabilities:    
Accounts Payable 588.0 497.7
Dividends Payable 23.2 23.2
Accrued Compensation and Employee Benefits 185.5 141.1
Accrued Interest 90.7 5.2
Other Accrued Expenses 273.1 274.8
Current Operating Lease Liabilities 35.7 26.4
Current Maturities of Long-Term Debt 3.7 33.8
Liabilities Held for Sale 105.5 0.0
Total Current Liabilities 1,305.4 1,002.2
Long-Term Debt 6,493.9 1,989.7
Deferred Income Taxes 1,022.9 591.9
Pension and Other Post Retirement Benefits 108.7 97.6
Noncurrent Operating Lease Liabilities 128.9 88.1
Other Noncurrent Liabilities 83.9 76.8
Noncurrent Liabilities Held for Sale 25.0 0.0
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 4,638.4 4,609.6
Retained Earnings 1,947.1 2,130.0
Accumulated Other Comprehensive Loss (417.0) (352.1)
Total Regal Rexnord Corporation Shareholders' Equity 6,169.2 6,388.2
Noncontrolling Interests 27.1 34.4
Total Equity 6,196.3 6,422.6
Total Liabilities and Equity $ 15,365.0 $ 10,268.9