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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and Cash Equivalents $ 393.5 $ 574.0
Trade Receivables, Less Allowances of $29.9 Million in 2024 and $30.3 Million in 2023 842.8 921.6
Inventories 1,227.5 1,274.2
Prepaid Expenses and Other Current Assets 267.9 245.6
Assets Held for Sale 19.6 368.6
Total Current Assets 2,751.3 3,384.0
Net Property, Plant and Equipment 921.0 1,041.2
Operating Lease Assets 141.3 172.8
Goodwill 6,458.9 6,553.1
Intangible Assets, Net of Amortization 3,664.5 4,083.4
Deferred Income Tax Benefits 30.0 33.8
Other Noncurrent Assets 66.7 69.0
Noncurrent Assets Held for Sale 0.0 94.1
Total Assets 14,033.7 15,431.4
Current Liabilities:    
Accounts Payable 542.8 549.4
Dividends Payable 23.2 23.2
Accrued Compensation and Benefits 191.3 198.7
Accrued Interest 84.0 85.1
Other Accrued Expenses 333.8 325.2
Current Operating Lease Liabilities 35.6 37.2
Current Maturities of Long-Term Debt 5.0 3.9
Liabilities Held for Sale 0.0 103.7
Total Current Liabilities 1,215.7 1,326.4
Long-Term Debt 5,452.7 6,377.0
Deferred Income Taxes 815.5 1,012.7
Pension and Other Post Retirement Benefits 109.5 120.4
Noncurrent Operating Lease Liabilities 114.1 132.2
Other Noncurrent Liabilities 59.0 77.2
Noncurrent Liabilities Held for Sale 0.0 20.4
Contingencies (see Note 11 - Contingencies)
Regal Rexnord Corporation Shareholders' Equity:    
Common Stock, $0.01 Par Value, 150.0 Million Shares Authorized, 66.3 Million Shares Issued and Outstanding at December 31, 2024 and 2023 0.7 0.7
Additional Paid-In Capital 4,658.0 4,646.2
Retained Earnings 2,043.8 1,979.8
Accumulated Other Comprehensive Loss (442.7) (282.4)
Total Regal Rexnord Corporation Shareholders' Equity 6,259.8 6,344.3
Noncontrolling Interests 7.4 20.8
Total Equity 6,267.2 6,365.1
Total Liabilities and Equity $ 14,033.7 $ 15,431.4