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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and Cash Equivalents $ 465.3 $ 574.0
Trade Receivables, Less Allowances of $29.3 million and $30.3 million in 2024 and 2023, Respectively 828.1 921.6
Inventories 1,319.1 1,274.2
Prepaid Expenses and Other Current Assets 275.9 245.6
Disposal Group, Including Discontinued Operation, Assets, Current 377.2 368.6
Total Current Assets 3,265.6 3,384.0
Net Property, Plant and Equipment 994.0 1,041.2
Operating Lease Assets 166.0 172.8
Goodwill 6,506.2 6,553.1
Intangible Assets, Net of Amortization 3,965.8 4,083.4
Deferred Income Tax Benefits 37.0 33.8
Other Noncurrent Assets 70.7 69.0
Noncurrent Assets Held for Sale 68.5 94.1
Total Assets 15,073.8 15,431.4
Current Liabilities:    
Accounts Payable 566.1 549.4
Dividends Payable 23.3 23.2
Accrued Compensation and Employee Benefits 154.0 198.7
Accrued Interest 92.6 85.1
Other Accrued Expenses 282.6 325.2
Current Operating Lease Liabilities 36.1 37.2
Current Maturities of Long-Term Debt 3.9 3.9
Liabilities Held for Sale 89.9 103.7
Total Current Liabilities 1,248.5 1,326.4
Long-Term Debt 6,242.0 6,377.0
Deferred Income Taxes 966.9 1,012.7
Pension and Other Post Retirement Benefits 114.7 120.4
Noncurrent Operating Lease Liabilities 129.4 132.2
Other Noncurrent Liabilities 76.9 77.2
Noncurrent Liabilities Held for Sale 19.9 20.4
Contingencies (see Note 12 - Contingencies)
Regal Rexnord Corporation Shareholders' Equity:    
Common Stock, $0.01 par value, 150.0 million Shares Authorized, 66.5 million and 66.3 million Shares Issued and Outstanding for 2024 and 2023, Respectively 0.7 0.7
Additional Paid-In Capital 4,647.2 4,646.2
Retained Earnings 1,976.3 1,979.8
Accumulated Other Comprehensive Loss (369.7) (282.4)
Total Regal Rexnord Corporation Shareholders' Equity 6,254.5 6,344.3
Noncontrolling Interests 21.0 20.8
Total Equity 6,275.5 6,365.1
Total Liabilities and Equity $ 15,073.8 $ 15,431.4