REGAL REXNORD CORP
For the period ended Mar 31, 2025. Filed May 6, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 6, 2025
RRX$179.96-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
(Dollars in Millions)
| Three Months Ended | ||
|---|---|---|
| March 31, 2025 | March 31, 2024 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net Income | $57.5 | $20.4 |
| Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities (Net of Acquisitions and Divestitures): | ||
| Depreciation | 40.1 | 41.5 |
| Amortization | 85.4 | 86.7 |
| Loss on Sale of Businesses | — | 21.5 |
| Noncash Lease Expense | 10.9 | 11.3 |
| Share-Based Compensation Expense | 9.5 | 9.1 |
| Financing Fee Expense | 3.3 | 3.1 |
| Gain on Sale of Assets | (6.0) | — |
| Benefit from Deferred Income Taxes | (18.5) | (30.4) |
| Other Non-Cash Changes | 0.7 | 1.4 |
| Change in Operating Assets and Liabilities, Net of Acquisitions and Divestitures | ||
| Receivables | (0.6) | 47.7 |
| Inventories | (41.8) | (47.8) |
| Accounts Payable | 41.6 | 14.5 |
| Other Assets and Liabilities | (79.8) | (95.9) |
| Net Cash Provided by Operating Activities | 102.3 | 83.1 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Additions to Property, Plant and Equipment | (16.8) | (18.5) |
| Proceeds Received from Sales of Property, Plant and Equipment | 10.3 | 1.0 |
| Proceeds Received from Sale of Businesses, Net of Cash Transferred | 3.0 | — |
| Net Cash Used in Investing Activities | (3.5) | (17.5) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Borrowings Under Revolving Credit Facility | 411.5 | 495.1 |
| Repayments Under Revolving Credit Facility | (389.7) | (566.8) |
| Repayments of Long-Term Borrowings | (185.9) | (65.8) |
| Dividends Paid to Shareholders | (23.2) | (23.3) |
| Shares Surrendered for Taxes | (5.6) | (10.7) |
| Proceeds from the Exercise of Stock Options | 0.4 | 3.5 |
| Net Cash Used in Financing Activities | (192.5) | (168.0) |
| EFFECT OF EXCHANGE RATES ON CASH AND CASH EQUIVALENTS | 5.5 | (10.5) |
| Net Decrease in Cash and Cash Equivalents | (88.2) | (112.9) |
| Cash and Cash Equivalents at Beginning of Period | 393.5 | 635.3 |
| Cash and Cash Equivalents at End of Period(1) | $305.3 | $522.4 |
| SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION | ||
|---|---|---|
| Cash Paid For: | ||
| Interest | $76.9 | $94.8 |
| Income taxes | $36.8 | $36.2 |
(1)The three months ended March 31, 2024 amount includes $57.1 million cash and cash equivalents related to the industrial motors and generators businesses that were divested effective April 30, 2024.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.