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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and Cash Equivalents $ 510.4 $ 574.0
Trade Receivables, Less Allowances of $31.5 million and $30.3 million in 2024 and 2023, Respectively 892.0 921.6
Inventories 1,309.9 1,274.2
Prepaid Expenses and Other Current Assets 269.0 245.6
Assets Held for Sale 20.6 368.6
Total Current Assets 3,001.9 3,384.0
Net Property, Plant and Equipment 970.1 1,041.2
Operating Lease Assets 157.7 172.8
Goodwill 6,496.8 6,553.1
Intangible Assets, Net of Amortization 3,869.4 4,083.4
Deferred Income Tax Benefits 36.6 33.8
Other Noncurrent Assets 75.2 69.0
Noncurrent Assets Held for Sale 0.0 94.1
Total Assets 14,607.7 15,431.4
Current Liabilities:    
Accounts Payable 574.4 549.4
Dividends Payable 23.3 23.2
Accrued Compensation and Employee Benefits 186.8 198.7
Accrued Interest 85.6 85.1
Other Accrued Expenses 316.1 325.2
Current Operating Lease Liabilities 36.4 37.2
Current Maturities of Long-Term Debt 4.3 3.9
Liabilities Held for Sale 0.0 103.7
Total Current Liabilities 1,226.9 1,326.4
Long-Term Debt 5,764.9 6,377.0
Deferred Income Taxes 934.3 1,012.7
Pension and Other Post Retirement Benefits 117.4 120.4
Noncurrent Operating Lease Liabilities 124.4 132.2
Other Noncurrent Liabilities 71.9 77.2
Noncurrent Liabilities Held for Sale 0.0 20.4
Contingencies (see Note 12 - Contingencies)
Regal Rexnord Corporation Shareholders' Equity:    
Common Stock, $0.01 par value, 150.0 million Shares Authorized, 66.5 million and 66.3 million Shares Issued and Outstanding for 2024 and 2023, Respectively 0.7 0.7
Additional Paid-In Capital 4,656.4 4,646.2
Retained Earnings 2,015.5 1,979.8
Accumulated Other Comprehensive Loss (316.7) (282.4)
Total Regal Rexnord Corporation Shareholders' Equity 6,355.9 6,344.3
Noncontrolling Interests 12.0 20.8
Total Equity 6,367.9 6,365.1
Total Liabilities and Equity $ 14,607.7 $ 15,431.4