Even if the ball bearing was conservatively designed considering the dynamic capacity and the rating life, sometimes the bearing was early failed on account of the misalignment and the lubricant contaminations etc. Misalignment was generated when bearing-shaft system transmitted large power and when the bearing was inadequately mounted. It was possible to predict the fatigue life of ball bearing under the misalignment considering the motions of ball, cage and raceway, and the factors of the effect on fatigue life. Misalignment affected on ball bearing as radial and moment load and the relationships between misalignment and moment were obtained. In this paper, the analysis of the load distributions between ball and raceway, and the prediction of fatigue life of deep groove ball bearing under radial and moment loads were carried out. And, the new formulation of equivalent dynamic load considering the effects of moment load was proposed.