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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 27, 2020
Dec. 28, 2019
Current Assets:    
Cash and Cash Equivalents $ 432.2 $ 331.4
Trade Receivables, Less Allowances of $13.3 Million in 2020 and $9.7 Million in 2019 427.2 461.4
Inventories 679.7 678.4
Prepaid Expenses and Other Current Assets 131.3 133.7
Assets Held for Sale 5.3 2.8
Total Current Assets 1,675.7 1,607.7
Net Property, Plant, and Equipment 556.7 605.0
Operating Lease Assets 77.6 71.0
Goodwill 1,498.3 1,501.3
Intangible Assets, Net of Amortization 542.9 567.2
Deferred Income Tax Benefits 45.2 58.4
Other Noncurrent Assets 11.7 20.1
Total Assets 4,408.1 4,430.7
Current Liabilities:    
Accounts Payable 342.6 337.0
Dividends Payable 12.2 12.2
Current Hedging Obligations 13.8 3.4
Accrued Compensation and Employee Benefits 70.8 67.3
Other Accrued Expenses 116.7 118.4
Current Operating Lease Liabilities 21.7 21.6
Current Maturities of Long-Term Debt 0.6 0.6
Total Current Liabilities 578.4 560.5
Long-Term Debt 1,125.1 1,136.9
Deferred Income Taxes 174.9 171.9
Noncurrent Hedging Obligations 2.6 1.2
Pension and Other Post Retirement Benefits 76.3 80.8
Noncurrent Operating Lease Liabilities 58.0 51.0
Other Noncurrent Liabilities 45.8 48.0
Contingencies (see Note 13)
Regal Beloit Corporation Shareholders' Equity:    
Common Stock, $0.01 par value, 100.0 Million Shares Authorized, 40.6 Million and 40.8 Million Shares Issued and Outstanding for 2020 and 2019, Respectively 0.4 0.4
Additional Paid-In Capital 694.0 701.8
Retained Earnings 1,919.7 1,886.7
Accumulated Other Comprehensive Loss (295.0) (237.8)
Total Regal Beloit Corporation Shareholders' Equity 2,319.1 2,351.1
Noncontrolling Interests 27.9 29.3
Total Equity 2,347.0 2,380.4
Total Liabilities and Equity $ 4,408.1 $ 4,430.7