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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2022
Jan. 01, 2022
Current Assets:    
Cash and Cash Equivalents $ 702.5 $ 672.8
Trade Receivables, Less Allowances of $18.7 Million and $18.7 Million in 2022 and 2021, Respectively 854.8 785.8
Inventories 1,388.4 1,192.4
Prepaid Expenses and Other Current Assets 141.2 145.1
Assets Held for Sale 10.6 12.5
Total Current Assets 3,097.5 2,808.6
Net Property, Plant and Equipment 822.0 908.5
Operating Lease Assets 114.4 112.4
Goodwill 4,026.0 4,039.2
Intangible Assets, Net of Amortization 2,326.6 2,429.2
Deferred Income Tax Benefits 35.7 35.7
Other Noncurrent Assets 36.3 33.8
Total Assets 10,458.5 10,367.4
Current Liabilities:    
Accounts Payable 652.8 643.8
Dividends Payable 23.3 22.3
Accrued Compensation and Employee Benefits 124.8 143.9
Other Accrued Expenses 261.9 253.2
Current Operating Lease Liabilities 27.4 27.2
Current Maturities of Long-Term Debt 30.6 4.9
Total Current Liabilities 1,120.8 1,095.3
Long-Term Debt 2,132.5 1,913.6
Deferred Income Taxes 620.1 679.7
Pension and Other Post Retirement Benefits 102.9 111.7
Noncurrent Operating Lease Liabilities 90.5 89.5
Other Noncurrent Liabilities 76.0 69.4
Contingencies (see Note 12)
Regal Rexnord Corporation Shareholders' Equity:    
Common Stock, $0.01 par value, 100.0 Million Shares Authorized, 66.5 Million and 67.6 Million Shares Issued and Outstanding for 2022 and 2021, Respectively 0.7 0.7
Additional Paid-In Capital 4,611.6 4,651.8
Retained Earnings 1,996.6 1,912.6
Accumulated Other Comprehensive Loss (332.2) (195.1)
Total Regal Rexnord Corporation Shareholders' Equity 6,276.7 6,370.0
Noncontrolling Interests 39.0 38.2
Total Equity 6,315.7 6,408.2
Total Liabilities and Equity $ 10,458.5 $ 10,367.4