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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Mar. 31, 2019
Current assets:    
Cash and cash equivalents $ 573.4 $ 292.5
Receivables, net 334.7 334.3
Inventories 317.5 316.5
Other current assets 38.7 39.6
Total current assets 1,264.3 982.9
Property, plant and equipment, net 378.8 383.0
Intangible assets, net 514.2 511.5
Goodwill 1,321.9 1,299.7
Other assets 147.9 82.6
Total assets 3,627.1 3,259.7
Current liabilities:    
Current maturities of debt 76.4 1.2
Trade payables 185.6 191.7
Compensation and benefits 61.8 63.7
Current portion of pension and postretirement benefit obligations 3.2 3.3
Other current liabilities 128.5 137.1
Total current liabilities 455.5 397.0
Long-term debt 1,397.0 1,236.8
Pension and postretirement benefit obligations 189.6 158.0
Deferred income taxes 121.0 125.9
Other liabilities 150.3 111.0
Total liabilities 2,313.4 2,028.7
Stockholders' equity:    
Common stock, $0.01 par value; 200,000,000 shares authorized; shares issued and outstanding: 119,718,631 at March 31, 2020 and 104,842,299 at March 31, 2019 1.2 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: 0 at March 31, 2020 and 402,500 at March 31, 2019 0.0 0.0
Additional paid-in capital 1,348.3 1,293.5
Retained earnings 85.9 30.7
Accumulated other comprehensive loss (124.4) (96.6)
Total Rexnord stockholders' equity 1,311.0 1,228.6
Non-controlling interest 2.7 2.4
Total stockholders' equity 1,313.7 1,231.0
Total liabilities and stockholders' equity $ 3,627.1 $ 3,259.7