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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and Cash Equivalents $ 659.6 $ 688.5
Trade Receivables, Less Allowances of $26.4 million and $30.9 million in 2023 and 2022, Respectively 1,013.9 797.4
Inventories 1,576.1 1,336.9
Prepaid Expenses and Other Current Assets 224.3 150.9
Deferred Financing Fees 0.0 17.0
Assets Held for Sale 1.1 9.8
Total Current Assets 3,475.0 3,000.5
Net Property, Plant and Equipment 1,204.8 807.0
Operating Lease Assets 188.0 110.9
Goodwill 6,618.9 4,018.8
Intangible Assets, Net of Amortization 4,239.7 2,229.9
Deferred Income Tax Benefits 50.4 43.9
Other Noncurrent Assets 81.0 57.9
Total Assets 15,857.8 10,268.9
Current Liabilities:    
Accounts Payable 678.5 497.7
Dividends Payable 23.2 23.2
Accrued Compensation and Employee Benefits 183.1 141.1
Accrued Interest 91.9 5.2
Other Accrued Expenses 292.7 274.8
Current Operating Lease Liabilities 39.1 26.4
Current Maturities of Long-Term Debt 72.6 33.8
Total Current Liabilities 1,381.1 1,002.2
Long-Term Debt 6,609.7 1,989.7
Deferred Income Taxes 1,083.2 591.9
Pension and Other Post Retirement Benefits 112.9 97.6
Noncurrent Operating Lease Liabilities 145.1 88.1
Other Noncurrent Liabilities 88.9 76.8
Contingencies (see Note 12 - Contingencies)
Regal Rexnord Corporation Shareholders' Equity:    
Common Stock, $0.01 par value, 100.0 million Shares Authorized, 66.3 million and 66.2 million Shares Issued and Outstanding for 2023 and 2022, Respectively 0.7 0.7
Additional Paid-In Capital 4,626.5 4,609.6
Retained Earnings 2,109.8 2,130.0
Accumulated Other Comprehensive Loss (326.7) (352.1)
Total Regal Rexnord Corporation Shareholders' Equity 6,410.3 6,388.2
Noncontrolling Interests 26.6 34.4
Total Equity 6,436.9 6,422.6
Total Liabilities and Equity $ 15,857.8 $ 10,268.9