REGAL REXNORD CORP
For the period ended Dec 31, 2023. Filed Feb 26, 2024.
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FY2023 · Filed Feb 26, 2024
RRX$180.78+6.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(Dollars in Millions, Except Per Share Data)
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| ASSETS | ||
| Current Assets: | ||
| Cash and Cash Equivalents | $574.0 | $688.5 |
| Trade Receivables, Less Allowances of $30.3 Million in 2023 and $30.9 Million in 2022 | 921.6 | 797.4 |
| Inventories | 1,274.2 | 1,336.9 |
| Prepaid Expenses and Other Current Assets | 245.6 | 150.9 |
| Deferred Financing Fees | — | 17.0 |
| Assets Held for Sale | 368.6 | 9.8 |
| Total Current Assets | 3,384.0 | 3,000.5 |
| Net Property, Plant and Equipment | 1,041.2 | 807.0 |
| Operating Lease Assets | 172.8 | 110.9 |
| Goodwill | 6,553.1 | 4,018.8 |
| Intangible Assets, Net of Amortization | 4,083.4 | 2,229.9 |
| Deferred Income Tax Benefits | 33.8 | 43.9 |
| Other Noncurrent Assets | 69.0 | 57.9 |
| Noncurrent Assets Held for Sale | $94.1 | — |
| Total Assets | $15,431.4 | $10,268.9 |
| LIABILITIES AND EQUITY | ||
| Current Liabilities: | ||
| Accounts Payable | $549.4 | $497.7 |
| Dividends Payable | 23.2 | 23.2 |
| Accrued Compensation and Benefits | 198.7 | 141.1 |
| Accrued Interest | 85.1 | 5.2 |
| Other Accrued Expenses | 325.2 | 274.8 |
| Current Operating Lease Liabilities | 37.2 | 26.4 |
| Current Maturities of Long-Term Debt | 3.9 | 33.8 |
| Liabilities Held for Sale | 103.7 | — |
| Total Current Liabilities | 1,326.4 | 1,002.2 |
| Long-Term Debt | 6,377.0 | 1,989.7 |
| Deferred Income Taxes | 1,012.7 | 591.9 |
| Pension and Other Post Retirement Benefits | 120.4 | 97.6 |
| Noncurrent Operating Lease Liabilities | 132.2 | 88.1 |
| Other Noncurrent Liabilities | 77.2 | 76.8 |
| Noncurrent Liabilities Held for Sale | 20.4 | — |
| Contingencies (see Note 12 - Contingencies) | ||
| Equity: | ||
| Regal Rexnord Corporation Shareholders' Equity: | ||
| Common Stock, $0.01 Par Value, 150.0 Million Shares Authorized, 66.3 Million and 66.2 Million Shares Issued and Outstanding at 2023 and 2022, Respectively | 0.7 | 0.7 |
| Additional Paid-In Capital | 4,646.2 | 4,609.6 |
| Retained Earnings | 1,979.8 | 2,130.0 |
| Accumulated Other Comprehensive Loss | (282.4) | (352.1) |
| Total Regal Rexnord Corporation Shareholders' Equity | 6,344.3 | 6,388.2 |
| Noncontrolling Interests | 20.8 | 34.4 |
| Total Equity | 6,365.1 | 6,422.6 |
| Total Liabilities and Equity | $15,431.4 | $10,268.9 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.