XML 17 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Mar. 31, 2018
Current assets:    
Cash and cash equivalents $ 292.5 $ 193.2
Receivables, net 334.3 314.7
Inventories 316.5 304.1
Income tax receivable 3.3 17.5
Other current assets 36.3 37.9
Current assets held for sale 0.0 130.3
Total current assets 982.9 997.7
Property, plant and equipment, net 383.0 396.5
Intangible assets, net 511.5 530.9
Goodwill 1,299.7 1,276.1
Other assets 82.6 114.0
Non-current assets held for sale 0.0 108.5
Total assets 3,259.7 3,423.7
Current liabilities:    
Current maturities of debt 1.2 3.9
Trade payables 191.7 189.9
Compensation and benefits 63.7 63.9
Current portion of pension and postretirement benefit obligations 3.3 4.0
Other current liabilities 137.1 127.4
Current liabilities held for sale 0.0 65.1
Total current liabilities 397.0 454.2
Long-term debt 1,236.8 1,352.1
Pension and postretirement benefit obligations 158.0 163.2
Deferred income taxes 125.9 149.3
Other liabilities 111.0 78.3
Non-current liabilities held for sale 0.0 13.8
Total liabilities 2,028.7 2,210.9
Stockholders' equity:    
Common stock, $0.01 par value; 200,000,000 shares authorized; shares issued and outstanding: 104,842,299 at March 31, 2019 and 104,179,037 at March 31, 2018 1.0 1.0
Preferred stock, $0.01 par value; 10,000,000 shares authorized; shares of 5.75% Series A Mandatory Convertible Preferred Stock issued and outstanding: 402,500 at March 31, 2019 and March 31, 2018 0.0 0.0
Additional paid-in capital 1,293.5 1,277.8
Retained earnings 30.7 8.0
Accumulated other comprehensive loss (96.6) (74.1)
Total Rexnord stockholders' equity 1,228.6 1,212.7
Non-controlling interest 2.4 0.1
Total stockholders' equity 1,231.0 1,212.8
Total liabilities and stockholders' equity $ 3,259.7 $ 3,423.7