REGAL REXNORD CORP
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
RRX$179.96-0.5%Stored close · as of Nov 10, 2026
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Item 8. Consolidated Statements of Cash Flows
(Dollars in Millions)
| For the Year Ended | |||
|---|---|---|---|
| December 31,2024 | December 31,2023 | December 31,2022 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | |||
| Net Income (Loss) | $198.4 | $(54.3) | $494.9 |
| Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities (Net of Acquisitions and Divestitures): | |||
| Depreciation | 165.3 | 185.0 | 121.9 |
| Amortization | 346.5 | 307.8 | 185.5 |
| Goodwill Impairment | — | 57.3 | — |
| Asset Impairments | 4.0 | 7.8 | 0.9 |
| Loss on Sale of Businesses | 8.5 | 87.7 | — |
| Noncash Lease Expense | 43.5 | 42.9 | 31.9 |
| Share-Based Compensation Expense | 34.8 | 58.2 | 22.5 |
| Financing Fee Expense | 13.1 | 32.8 | 19.6 |
| Benefit from Deferred Income Taxes | (152.3) | (115.3) | (80.1) |
| Gain on Sale of Assets | (3.1) | (0.6) | (3.7) |
| Other Non-Cash Changes | 8.9 | 9.6 | 6.4 |
| Change in Operating Assets and Liabilities, Net of Acquisitions and Divestitures | |||
| Receivables | 23.0 | 51.7 | (38.1) |
| Inventories | 23.9 | 262.6 | (174.4) |
| Accounts Payable | (0.4) | (70.1) | (129.5) |
| Other Assets and Liabilities | (104.7) | (147.8) | (21.6) |
| Net Cash Provided by Operating Activities | 609.4 | 715.3 | 436.2 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | |||
| Additions to Property, Plant and Equipment | (109.5) | (119.1) | (83.8) |
| Business Acquisitions, Net of Cash Acquired | — | (4,870.2) | (35.0) |
| Proceeds Received from Sales of Property, Plant and Equipment | 4.9 | 6.3 | 5.5 |
| Proceeds Received from Sale of Businesses, Net of Cash Transferred | 380.0 | — | — |
| Net Cash Provided by (Used in) Investing Activities | 275.4 | (4,983.0) | (113.3) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | |||
| Borrowings Under Revolving Credit Facility | 1,626.7 | 2,294.1 | 2,119.6 |
| Repayments Under Revolving Credit Facility | (1,684.8) | (2,625.0) | (2,427.3) |
| Proceeds from Short-Term Borrowings | — | 58.0 | 10.2 |
| Repayments of Short-Term Borrowings | — | (61.2) | (9.1) |
| Proceeds from Long-Term Borrowings | — | 5,532.9 | 1,536.8 |
| Repayments of Long-Term Borrowings | (880.2) | (826.3) | (1,123.7) |
| Dividends Paid to Shareholders | (93.0) | (92.8) | (90.9) |
| Proceeds from the Exercise of Stock Options | 4.9 | 3.3 | 5.1 |
| Shares Surrendered for Taxes | (15.8) | (12.1) | (8.9) |
| Financing Fees Paid | (0.3) | (51.1) | (40.6) |
| Repurchase of Common Stock | (50.0) | — | (239.2) |
| Distributions to Noncontrolling Interests | (3.3) | (16.2) | (6.2) |
| Net Cash (Used in) Provided by Financing Activities | (1,095.8) | 4,203.6 | (274.2) |
| EFFECT OF EXCHANGE RATES ON CASH and CASH EQUIVALENTS | (30.8) | 10.9 | (33.0) |
| Net (Decrease) Increase in Cash and Cash Equivalents | (241.8) | (53.2) | 15.7 |
| Cash and Cash Equivalents at Beginning of Period | 635.3 | 688.5 | 672.8 |
| Cash and Cash Equivalents at End of Period | $393.5 | $635.3 | $688.5 |
| SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: | |||
| Cash Paid For: | |||
| Interest | $380.3 | $319.6 | $66.7 |
| Income Taxes | 177.1 | $206.9 | $187.6 |
| Cash and Cash Equivalents Presentation: | |||
| Cash and Cash Equivalents | $393.5 | $574.0 | 688.5 |
| Assets Held for Sale | — | 61.3 | — |
| Total Cash and Cash Equivalents | $393.5 | $635.3 | $688.5 |
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