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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 29, 2019
Dec. 29, 2018
Current Assets:    
Cash and Cash Equivalents $ 291.3 $ 248.6
Trade Receivables, Less Allowances of $9.2 Million in 2019 and $13.3 Million in 2018 547.8 551.9
Inventories 765.3 767.2
Prepaid Expenses and Other Current Assets 163.1 157.9
Assets of Businesses Held for Sale 35.4 92.1
Total Current Assets 1,802.9 1,817.7
Net Property, Plant, and Equipment 622.3 615.5
Operating Lease Assets 79.6 0.0
Goodwill 1,506.7 1,509.2
Intangible Assets, Net of Amortization 594.7 625.5
Deferred Income Tax Benefits 31.6 34.2
Other Noncurrent Assets 22.5 21.7
Total Assets 4,660.3 4,623.8
Current Liabilities:    
Accounts Payable 416.7 424.8
Dividends Payable 12.6 12.0
Current Hedging Obligations 5.4 11.3
Accrued Compensation and Employee Benefits 71.0 81.9
Other Accrued Expenses 103.2 136.0
Liabilities of Businesses Held for Sale 12.5 17.0
Current Operating Lease Liabilities 23.3 0.0
Current Maturities of Long-Term Debt 0.6 0.5
Total Current Liabilities 645.3 683.5
Long-Term Debt 1,222.7 1,306.6
Deferred Income Taxes 158.8 148.3
Noncurrent Hedging Obligations 1.7 1.2
Pension and Other Post Retirement Benefits 93.2 96.2
Noncurrent Operating Lease Liabilities 57.9 0.0
Other Noncurrent Liabilities 50.3 49.5
Contingencies (see Note 13)
Regal Beloit Corporation Shareholders' Equity:    
Common Stock, $0.01 par value, 100.0 Million Shares Authorized, 42.2 Million and 42.8 Million Shares Issued and Outstanding for 2019 and 2018, Respectively 0.4 0.4
Additional Paid-In Capital 750.7 783.6
Retained Earnings 1,882.7 1,777.9
Accumulated Other Comprehensive Loss (232.8) (251.4)
Total Regal Beloit Corporation Shareholders' Equity 2,401.0 2,310.5
Noncontrolling Interests 29.4 28.0
Total Equity 2,430.4 2,338.5
Total Liabilities and Equity $ 4,660.3 $ 4,623.8