CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Apr. 03, 2021	Jan. 02, 2021
Current Assets:
Cash and Cash Equivalents	$ 566.4	$ 611.3
Trade Receivables, Less Allowances of $18.8 Million and $18.3 Million in 2021 and 2020, Respectively	483.9	432.0
Inventories	722.2	690.3
Prepaid Expenses and Other Current Assets	145.9	108.6
Assets Held for Sale	8.0	9.1
Total Current Assets	1,926.4	1,851.3
Net Property, Plant and Equipment	539.2	555.5
Operating Lease Assets	75.3	73.4
Goodwill	1,509.1	1,518.2
Intangible Assets, Net of Amortization	515.1	530.3
Deferred Income Tax Benefits	43.8	43.9
Other Noncurrent Assets	18.3	16.4
Total Assets	4,627.2	4,589.0
Current Liabilities:
Accounts Payable	412.3	360.1
Dividends Payable	12.2	12.2
Accrued Compensation and Employee Benefits	68.9	76.6
Other Accrued Expenses	124.0	120.5
Current Operating Lease Liabilities	22.8	21.6
Current Maturities of Long-Term Debt	230.8	231.0
Total Current Liabilities	871.0	822.0
Long-Term Debt	786.9	840.4
Deferred Income Taxes	173.5	172.0
Pension and Other Post Retirement Benefits	66.6	69.5
Noncurrent Operating Lease Liabilities	55.9	55.1
Other Noncurrent Liabilities	55.5	53.0
Contingencies (see Note 13)
Regal Beloit Corporation Shareholders' Equity:
Common Stock, $0.01 par value, 100.0 Million Shares Authorized, 40.6 Million Shares Issued and Outstanding for 2021 and 2020, Respectively	0.4	0.4
Additional Paid-In Capital	698.1	696.6
Retained Earnings	2,064.1	2,010.7
Accumulated Other Comprehensive Loss	(178.5)	(163.3)
Total Regal Beloit Corporation Shareholders' Equity	2,584.1	2,544.4
Noncontrolling Interests	33.7	32.6
Total Equity	2,617.8	2,577.0
Total Liabilities and Equity	$ 4,627.2	$ 4,589.0