REGAL REXNORD CORP
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
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, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| 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 | — | 94.1 |
| Total Assets | $14,033.7 | $15,431.4 |
| LIABILITIES AND EQUITY | ||
| 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 | — | 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 | — | 20.4 |
| Contingencies (see Note 11 - Contingencies) | ||
| Equity: | ||
| 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 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.