Brunswick (BC) 10-Q 7 May 20 2020 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 28, 2020	May 04, 2020
Entity Information Line Items [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 28, 2020
Document Transition Report	false
Entity File Number	001-01043
Entity Registrant Name	Brunswick Corporation
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	36-0848180
Entity Address, Address Line One	26125 N. Riverwoods Blvd., Suite 500
Entity Address, City or Town	Mettawa
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	60045-3420
City Area Code	847
Local Phone Number	735-4700
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Central Index Key	0000014930
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		79,128,451
Common Stock [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Entity Information [Line Items]
Title of 12(b) Security	Common stock, par value $0.75 per share
Trading Symbol	BC
Security Exchange Name	NYSE
Common Stock [Member] | CHICAGO STOCK EXCHANGE, INC [Member]
Entity Information [Line Items]
Title of 12(b) Security	Common stock, par value $0.75 per share
Trading Symbol	BC
Security Exchange Name	CHX
6.500% Senior Notes due 2048 [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Entity Information [Line Items]
Title of 12(b) Security	6.500% Senior Notes due 2048
Trading Symbol	BC-A
Security Exchange Name	NYSE
6.625% Senior Notes due 2049 [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Entity Information [Line Items]
Title of 12(b) Security	6.625% Senior Notes due 2049
Trading Symbol	BC-B
Security Exchange Name	NYSE
6.375% Senior Notes due 2049 [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Entity Information [Line Items]
Title of 12(b) Security	6.375% Senior Notes due 2049
Trading Symbol	BC-C
Security Exchange Name	NYSE

Condensed Consolidated Statemen

Condensed Consolidated Statements of Comprehensive Income - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 28, 2020		Mar. 30, 2019
Income Statement [Abstract]
Net Sales	$ 965.5		$ 1,050.7
Cost of Sales	721.7		771.2
Selling, General and Administrative Expense	111.3		133.5
Research and Development Expense	28.9		28.7
Restructuring, Exit and Impairment Charges	0.4		3.2
Operating Earnings	103.2		114.1
Equity Earnings	1.8		1.9
Other Income (Expense), Net	0.7		(1.6)
Earnings Before Interest and Income Taxes	105.7		114.4
Interest Expense	(16.9)		(19.8)
Interest Income	0.3		0.4
Earnings Before Income Taxes	89.1		95
Income Tax Provision	18.4		18.8
Net Earnings from Continuing Operations	70.7		76.2
Discontinued operations:
Loss from Discontinued Operations, Net of Tax	(0.6)		(112.5)	[1],[2]
Loss on Disposal of Discontinued Operations, Net of Tax	(1.1)	[3]	0
Net Loss From Discontinued Operations, Net of Tax	(1.7)		(112.5)
Net Earnings (Loss)	$ 69		$ (36.3)
Basic
Earnings from Continuing Operations	$ 0.88		$ 0.87
Loss from Discontinued Operations	(0.02)		(1.29)
Net Earnings (Loss)	0.86		(0.42)
Diluted
Earnings from Continuing Operations	0.88		0.87
Loss from Discontinued Operations	(0.02)		(1.28)
Net Earnings (Loss)	$ 0.86		$ (0.41)
Weighted Average Shares Used for Computation of [Abstract]
Basic Earnings (Loss) Per Common Share	80		87.5
Diluted Earnings (Loss) per Common Share	80.3		88
Comprehensive Income (loss)	$ 61.1		$ (35.3)
[1]	(A) The Company recorded $7.8 million for the three months ended March 30, 2019 of net costs incurred in connection with the sale of the Fitness business.
[2]	(B) In the first quarter of 2019, the Company re-evaluated the fair value of the Fitness reporting unit and determined the fair value of the business was less than its carrying value. As a result, the Company recorded a $137.2 million ( $103.0 million after tax) goodwill impairment charge for the three months ended March 30, 2019.
[3]	(C) Loss on disposal of discontinued operations, net of tax, for the three months ended March 28, 2020 includes a pre-tax loss of $1.5 million and a tax benefit of $0.4 million .

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 28, 2020	Dec. 31, 2019	Mar. 30, 2019
Current Assets
Cash and Cash Equivalents, at Cost, Which Approximates Fair Value	$ 502.9	$ 320.3	$ 161.5
Restricted cash	11.6	11.6	9.1
Short-Term Investments in Marketable Securities	0.8	0.8	0.8
Total Cash and Short-Term Investments in Marketable Securities	515.3	332.7	171.4
Accounts and Notes Receivable, less Allowances of $12.0, $8.5 and $8.1	465.4	331.8	499.2
Inventories
Finished Goods	549.3	554.3	520.8
Work-In-Process	108.3	101.3	103.7
Raw Materials	182.5	168.9	192.8
Net Inventories	840.1	824.5	817.3
Prepaid Expenses and Other	49	36.8	80.5
Current Assets Held for Sale	0	0	369.4
Current Assets	1,869.8	1,525.8	1,937.8
Property
Land	17.8	17.8	16.5
Buildings and Improvements	419.7	415.4	367.5
Equipment	1,107.3	1,090.1	1,000.3
Total Land, Buildings and Improvements and Equipment	1,544.8	1,523.3	1,384.3
Accumulated Depreciation	(877.3)	(863.8)	(805.5)
Net Land, Buildings and Improvements and Equipment	667.5	659.5	578.8
Unamortized Product Tooling Costs	143.1	136.9	124.7
Net Property	810.6	796.4	703.5
Other Assets
Goodwill	414	415	381.8
Other Intangibles, Net	575	583.5	578.1
Operating Lease Assets	82.3	83.2	79.5
Deferred Income Tax Asset	109.7	118.7	110.5
Equity Investments	31.3	29.5	35.5
Other Long-Term Assets	11.9	12.3	15.7
Long-Term Assets Held for Sale	0	0	492.5
Other Assets	1,224.2	1,242.2	1,693.6
Total Assets	3,904.6	3,564.4	4,334.9
Current Liabilities
Short-Term Debt and Current Maturities of Long-Term Debt	425.7	41.3	40.9
Accounts Payable	366.8	393.5	420.6
Accrued Expenses	493.7	509.6	503.3
Current Liabilities Held for Sale	0	0	240.9
Current Liabilities	1,286.2	944.4	1,205.7
Long-Term Liabilities
Debt	1,069	1,068	1,245.6
Operating Lease Liabilities	69.6	70.1	67
Postretirement Benefits	72.1	73.6	70
Other	104	107.4	100.4
Long-Term Liabilities Held for Sale	0	0	119.3
Long-Term Liabilities	1,314.7	1,319.1	1,602.3
Shareholders' equity
Common Stock; Authorized: 200,000,000 Shares, $0.75 Par Value; Issued: 102,538,000 Shares; Outstanding: 79,114,000, 79,569,000 and 87,063,000 Shares	76.9	76.9	76.9
Additional Paid-In Capital	358.8	369.2	359.9
Retained Earnings	1,981.1	1,931.3	2,081.1
Treasury Stock, at Cost: 23,424,000, 22,969,000 and 15,475,000 Shares	(1,051.8)	(1,023.1)	(628.9)
Accumulated Other Comprehensive Loss	(61.3)	(53.4)	(362.1)
Shareholders' Equity	1,303.7	1,300.9	1,526.9
Total Liabilities and Shareholders' Equity	$ 3,904.6	$ 3,564.4	$ 4,334.9

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Mar. 28, 2020	Dec. 31, 2018	Sep. 29, 2018
Current Assets
Accounts and Notes Receivable, Allowances	$ 12	$ 8.5	$ 8.1
Shareholders' equity
Common Stock, Shares Authorized (in Shares)	200,000,000	200,000,000	200,000,000
Common Stock, Par Value (in Dollars per Share)	$ 0.75	$ 0.75	$ 0.75
Common Stock, Shares Issued (in Shares)	102,538,000	102,538,000	102,538,000
Common Stock, Shares Outstanding (in Shares)	79,597,000	79,569,000	87,063,000
Treasury Stock, Shares (in Shares)	22,941,000	22,969,000	15,475,000

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 28, 2020	Mar. 30, 2019
Cash Flows from Operating Activities
Net Earnings (Loss)	$ 69	$ (36.3)
Less: Net loss from Discontinued Operations, Net of Tax	(1.7)	(112.5)
Net Earnings from Continuing Operations, net of tax	70.7	76.2
Stock Compensation Expense	(0.1)	2.8
Depreciation and Amortization	35.2	33.1
Pension Expense, Net of (Funding)	(0.6)	0.3
Asset Impairment Charges	0	1.5
Deferred Income Taxes	10.6	8.6
Changes in Certain Current Assets and Current Liabilities	(196.9)	(202.7)
Long-Term Extended Warranty Contracts and Other Deferred Revenue	1	1.5
Income Taxes	(2.5)	4.2
Other, net	(1.3)	1.3
Net Cash used by Operating Activities of Continuing Operations	(83.9)	(73.2)
Net Cash Provided by (Used for) Operating Activities of Discontinued Operations	4.8	(6.2)
Net Cash used for Operating Activities	(79.1)	(79.4)
Cash Flows from Investing Activities
Capital Expenditures	(55.9)	(86.2)
Investments	(3.6)	(2.8)
Proceeds from the Sale of Property, Plant and Equipment	0.4	0
Net Cash Used for Investing Activities of Continuing Operations	(59.1)	(89)
Net Cash Used for Investing Activities of Discontinued Operations	0	(2.9)
Net Cash Used for Investing Activities	(59.1)	(91.9)
Cash Flows from Financing Activities
Proceeds From Issuances of Short-Term Debt	610	215
Payments of Short-Term Debt	(225)	(215)
Net Proceeds from Issuances of Long-Term Debt	0	222
Payments of Long-Term Debt Including Current Maturities	(0.3)	(159)
Common Stock Repurchases	(34.1)	0
Cash Dividends Paid	(19.2)	(18.3)
Proceeds from Share-Based Compensation Activity	0.4	0.5
Tax Withholding Associated with Shares Issued for Share-Based Compensation	(6.5)	(6.8)
Other, net	(0.1)	(0.2)
Net Cash Provided by Financing Activities	325.2	38.2
Effect of Exchange Rate Changes	(4.4)	0.3
Net Increase (Decrease) in Cash and Cash Equivalents and Restricted Cash	182.6	(132.8)
Cash and Cash Equivalents and Restricted Cash at Beginning of Period	331.9	303.4
Cash and Cash Equivalents and Restricted Cash at End of Period	514.5	170.6
Less: Restricted Cash	11.6	9.1
Cash and Cash Equivalents at End of Period	$ 502.9	$ 161.5

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Shareholders' Equity Condensed Consolidated Statements of Shareholders' Equity - USD ($) $ in Millions	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
Balance, at Beginning of the Period at Dec. 31, 2018	$ 1,582.6	$ 76.9	$ 371.1	$ 2,135.7	$ (638)	$ (363.1)
Net Earnings (Loss)	(36.3)	0	0	(36.3)	0	0
Other Comprehensive Income	1	0	0	0	0	1
Dividends	(18.3)	0	0	(18.3)	0	0
Compensation Plans and Other	(2.1)	0	(11.2)	0	9.1	0
Common Stock Repurchases	(34.1)	0	0	0		0
Balance, at End of Period at Mar. 30, 2019	1,526.9	76.9	359.9	2,081.1	(628.9)	(362.1)
Balance, at Beginning of the Period at Dec. 31, 2019	1,300.9	76.9	369.2	1,931.3	(1,023.1)	(53.4)
Net Earnings (Loss)	69	0	0	69	0	0
Other Comprehensive Income	(7.9)	0	0	0	0	(7.9)
Dividends	(19.2)	0	0	(19.2)	0	0
Compensation Plans and Other	(5)	0	(10.4)	0	5.4	0
Common Stock Repurchases					(34.1)
Balance, at End of Period at Mar. 28, 2020	$ 1,303.7	$ 76.9	$ 358.8	$ 1,981.1	$ (1,051.8)	$ (61.3)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Shareholders' Equity Condensed Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	Sep. 28, 2019	Jun. 29, 2019	Mar. 30, 2019	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018
Statement of Stockholders' Equity [Abstract]
Cash Dividends Declared Per Common Share (in Dollars per Share)	$ 0.21	$ 0.21	$ 0.21	$ 0.19	$ 0.19	$ 0.19

Significant Accounting Policies

Significant Accounting Policies	3 Months Ended
	Mar. 28, 2020
Accounting Policies [Abstract]
Significant Accounting Policies	Significant Accounting Policies Basis of Presentation. Effective January 1, 2020, the Company changed its management reporting and updated its reportable segments to Propulsion, Parts and Accessories (P&A) and Boat (inclusive of Business Acceleration) to align with its strategy. As a result of this change, the Company has recast all segment information for all prior periods presented. Refer to Note 11 – Segment Data for further information on the Company's reportable segments. Interim Financial Statements. The unaudited interim condensed consolidated financial statements of Brunswick Corporation (Brunswick or the Company) have been prepared pursuant to Securities and Exchange Commission (SEC) rules and regulations. Therefore, certain information and disclosures normally included in financial statements and related notes prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) have been condensed or omitted. These financial statements should be read in conjunction with, and have been prepared in conformity with, the accounting principles reflected in the consolidated financial statements and related notes included in Brunswick’s 2019 Annual Report on Form 10-K for the year ended December 31, 2019 (the 2019 Form 10-K). These results include, in management's opinion, all normal and recurring adjustments necessary to present fairly Brunswick's financial position, results of operations and cash flows. Due to the seasonality of Brunswick’s businesses, the interim results are not necessarily indicative of the results that may be expected for the remainder of the year. The Company maintains its financial records on the basis of a fiscal year ending on December 31, with the fiscal quarters spanning approximately thirteen weeks. The first quarter ends on the Saturday closest to the end of the first thirteen -week period. The second and third quarters are thirteen weeks in duration and the fourth quarter is the remainder of the year. The first quarter of fiscal year 2020 ended on March 28, 2020 and the first quarter of fiscal year 2019 ended on March 30, 2019 . On June 27, 2019, the Company completed the sale of its Fitness business. The Company determined that the sale of its Fitness business represented a strategic shift that had a major effect on the Company's operations and financial results. As a result, the Company classified the assets and liabilities of the Fitness business as held for sale on the Condensed Consolidated Balance Sheets for all prior periods. Additionally, this business, which was previously reported in the Company's Fitness segment, is being reported as discontinued operations in the Condensed Consolidated Statements of Comprehensive Income and Condensed Consolidated Statements of Cash Flows for all periods presented. See Note 3 – Discontinued Operations for further information. Recently Adopted Accounting Standards Current Expected Credit Loss : In June 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-13, Measurement of Credit Losses on Financial Instruments, which updated the Accounting Standards Codification (ASC) to add an impairment model that is based on expected losses rather than incurred losses. On January 1, 2020, the Company adopted this standard and the adoption did not have an impact on the condensed consolidated financial statements.

Revenue Recognition (Notes)

Revenue Recognition (Notes)	3 Months Ended
	Mar. 28, 2020
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer [Text Block]	Revenue Recognition Consistent with the Company's change in reportable segments as described in Note 1 – Significant Accounting Policies , the Company has made a change to its revenue disaggregation presentation to align with the new segment structure. The following table presents the Company's revenue into categories that depict how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors: Three Months Ended March 28, 2020 (in millions) Propulsion Parts & Accessories Boat Total Geographic Markets United States $ 290.9 $ 210.9 $ 215.5 $ 717.3 Europe 69.6 42.8 35.1 147.5 Asia-Pacific 49.3 24.7 5.6 79.6 Canada 14.1 13.7 31.8 59.6 Rest-of-World 24.7 9.5 3.5 37.7 Segment Eliminations (69.1 ) (7.1 ) — (76.2 ) Total $ 379.5 $ 294.5 $ 291.5 $ 965.5 Major Product Lines Outboard Engines $ 353.8 $ — $ — $ 353.8 Controls, Rigging, and Propellers 57.5 — — 57.5 Sterndrive Engines 37.3 — — 37.3 Distribution Parts and Accessories — 121.3 — 121.3 Advanced Systems Group — 103.1 — 103.1 Engine Parts and Accessories — 77.2 — 77.2 Aluminum Freshwater Boats — — 120.5 120.5 Recreational Fiberglass Boats — — 101.8 101.8 Saltwater Fishing Boats — — 59.8 59.8 Business Acceleration — — 9.4 9.4 Segment Eliminations (69.1 ) (7.1 ) — (76.2 ) Total $ 379.5 $ 294.5 $ 291.5 $ 965.5 Three Months Ended March 30, 2019 (in millions) Propulsion Parts & Accessories Boat Total Geographic Markets United States $ 309.8 $ 214.4 $ 273.9 $ 798.1 Europe 73.1 46.1 36.7 155.9 Asia-Pacific 31.4 24.7 5.4 61.5 Canada 14.9 16.4 50.0 81.3 Rest-of-World 23.2 12.0 7.3 42.5 Segment Eliminations (79.0 ) (9.6 ) — (88.6 ) Total $ 373.4 $ 304.0 $ 373.3 $ 1,050.7 Major Product Lines Outboard Engines $ 352.3 $ — $ — $ 352.3 Controls, Rigging, and Propellers 53.2 — — 53.2 Sterndrive Engines 46.9 — — 46.9 Distribution Parts and Accessories — 124.2 — 124.2 Advanced Systems Group — 104.0 — 104.0 Engine Parts and Accessories — 85.4 — 85.4 Aluminum Freshwater Boats — — 166.2 166.2 Recreational Fiberglass Boats — — 115.0 115.0 Saltwater Fishing Boats — — 90.2 90.2 Business Acceleration — — 1.9 1.9 Segment Eliminations (79.0 ) (9.6 ) — (88.6 ) Total $ 373.4 $ 304.0 $ 373.3 $ 1,050.7 As of January 1, 2020, $96.2 million of contract liabilities associated with extended warranties and customer deposits were reported in Accrued expenses and Other Long-term liabilities, of which $13.1 million was recognized as revenue during the three months ended March 28, 2020 . As of March 28, 2020 , total contract liabilities were $95.5 million . The total amount of the transaction price allocated to unsatisfied performance obligations as of March 28, 2020 was $88.8 million for contracts greater than one year, which primarily relates to extended warranties. The Company expects to recognize approximately $19.1 million of this amount in 2020, $20.1 million in 2021, and $49.6 million thereafter.

Discontinued Operations (Notes)

Discontinued Operations (Notes)	3 Months Ended
	Mar. 28, 2020
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	Discontinued Operations On June 27, 2019, the Company completed the sale of its Fitness business to KPS Capital Partners, LP. As a result, the Company classified the assets and liabilities of the Fitness business as held for sale on the Condensed Consolidated Balance Sheets for all prior periods. Additionally, this business, which was previously reported in the Company's Fitness segment, is being reported as discontinued operations in the Condensed Consolidated Statements of Comprehensive Income and Condensed Consolidated Statements of Cash Flows for all periods presented. Refer to Note 3 in the 2019 Form 10-K for further information. The sale of the Fitness business resulted in net proceeds of $473.7 million and an after-tax loss of $43.9 million . In connection with the sale of its Fitness business, the Company retained assets of $26.4 million primarily related to VAT receivables, and retained liabilities of $45.1 million primarily related to VAT payables, product warranty liabilities and certain employee benefits. As of March 28, 2020 , retained assets and liabilities were $11.1 million and $30.4 million , respectively. The following table discloses the results of operations of the business reported as discontinued operations for the three months ended March 28, 2020 and March 30, 2019 , respectively: (in millions) March 28, 2020 March 30, 2019 Net sales $ — $ 225.2 Cost of sales — 167.1 Selling, general and administrative expense (A) 0.8 56.4 Research and development expense — 6.2 Restructuring, exit and impairment charges (B) — 138.3 Loss from discontinued operations before income taxes (A) (B) $ (0.8 ) $ (142.8 ) Income tax benefit (0.2 ) (30.3 ) Loss from discontinued operations, net of tax (B) (A) (0.6 ) (112.5 ) Loss on disposal of discontinued operations, net of tax (C) (1.1 ) — Net loss from discontinued operations, net of tax $ (1.7 ) $ (112.5 ) (A) The Company recorded $7.8 million for the three months ended March 30, 2019 of net costs incurred in connection with the sale of the Fitness business. (B) In the first quarter of 2019, the Company re-evaluated the fair value of the Fitness reporting unit and determined the fair value of the business was less than its carrying value. As a result, the Company recorded a $137.2 million ( $103.0 million after tax) goodwill impairment charge for the three months ended March 30, 2019. (C) Loss on disposal of discontinued operations, net of tax, for the three months ended March 28, 2020 includes a pre-tax loss of $1.5 million and a tax benefit of $0.4 million . There were no assets and liabilities held for sale related to discontinued operations as of March 28, 2020 . The following table reflects the summary of assets and liabilities held for sale as of March 30, 2019 primarily related to the Fitness business included in discontinued operations: (in millions) March 30, Accounts and notes receivable, net $ 184.5 Net inventory 173.8 Prepaid expenses and other 11.1 Current assets held for sale 369.4 Net property (A) 107.6 Goodwill 252.3 Other intangibles, net 58.6 Other long-term assets 74.0 Long-term assets held for sale 492.5 Assets held for sale $ 861.9 Accounts payable $ 52.7 Accrued expenses 188.2 Current liabilities held for sale 240.9 Other liabilities 119.3 Long-term liabilities held for sale 119.3 Liabilities held for sale $ 360.2 (A) As of March 30, 2019 , the Company had $8.9 million of net long-term assets classified as held for sale that were not related to the business reported as discontinued operations.

Acquisitions (Notes)

Acquisitions (Notes)	3 Months Ended
	Mar. 28, 2020
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	Acquisitions 2019 Acquisitions On May 21, 2019, the Company acquired 100 percent of Freedom Boat Club, a leading boat club operator based in Florida. The acquisition expands the Company's presence and scale within the emerging and fast-growing boat club market, providing its members access to a fleet of boats. Freedom Boat Club is included as part of the Company's Boat segment. The net cash consideration the Company paid to acquire Freedom Boat Club was $64.1 million . The preliminary opening balance sheet included $29.2 million of identifiable intangible assets, including customer relationships, franchise agreements and trade names for $11.1 million , $4.9 million and $13.2 million , respectively, along with $26.4 million of goodwill, most of which is deductible for tax purposes. The amount assigned to Freedom Boat Club's customer relationships and franchise agreements will be amortized over their estimated useful lives of approximately 10 years and 15 years, respectively. The purchase price allocation for certain deferred tax balances is preliminary and subject to change within the allowed measurement period as the Company finalizes its fair value estimates. Refer to Note 5 in the 2019 Form 10-K for further information.

Restructuring, Exit and Integra

Restructuring, Exit and Integration Activities	3 Months Ended
	Mar. 28, 2020
Restructuring and Related Activities [Abstract]
Restructuring, Exit and Integration Activities [Text Block]	Restructuring, Exit and Impairment Activities During 2019, the Company recorded restructuring charges within the Boat segment related to consolidating its commercial and government products operations in order to rationalize its product line to better align with customer demand. In addition, the Company announced headcount reductions aimed at streamlining the cost structure of its enterprise-wide general and administrative functions. These actions resulted in charges during the three months ended March 28, 2020 and March 30, 2019 . The Company recorded restructuring, exit and impairment charges in the Condensed Consolidated Statements of Comprehensive Income as a result of the activities described above. The following table is a summary of the expense associated with the restructuring, exit and impairment activities discussed above for the three months ended March 28, 2020 and March 30, 2019 : March 28, 2020 March 30, 2019 (in millions) Parts & Accessories Boat Corporate Total Boat Corporate Total Restructuring and exit activities: Employee termination and other benefits $ 0.3 $ (0.0 ) $ 0.1 $ 0.4 $ 0.4 $ 1.2 $ 1.6 Current asset write-downs — — — — 0.2 — 0.2 Other — — — — 0.1 — 0.1 Definite-lived and other asset impairments — — — — 1.3 — 1.3 Total restructuring, exit and impairment charges $ 0.3 $ (0.0 ) $ 0.1 $ 0.4 $ 2.0 $ 1.2 $ 3.2 Total cash payments for restructuring, exit and impairment charges (A) $ 0.6 $ 2.2 $ 1.0 $ 3.8 $ 5.0 $ 0.2 $ 5.2 Accrued charges at end of the period (B) $ 1.0 $ 3.8 $ 0.6 $ 5.4 $ 10.8 $ 1.7 $ 12.5 (A) Cash payments for the three months ended March 28, 2020 and March 30, 2019 may include payments related to prior period charges. (B) Restructuring, exit and impairment charges accrued as of March 28, 2020 are expected to be paid primarily during 2020.

Financial Instruments

Financial Instruments	3 Months Ended
	Mar. 28, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments	Financial Instruments The Company operates globally with manufacturing and sales facilities around the world. Due to the Company’s global operations, the Company engages in activities involving both financial and market risks. The Company utilizes normal operating and financing activities, along with derivative financial instruments, to minimize these risks. See Note 14 in the Notes to Consolidated Financial Statements in the 2019 Form 10-K for further details regarding the Company's financial instruments and hedging policies. Commodity Price. The Company uses commodity swaps to hedge anticipated purchases of aluminum. As of March 28, 2020 , the notional value of commodity swap contracts outstanding was $1.2 million and the contracts mature through 2021. The Company had no outstanding commodity swap contracts at both December 31, 2019 and March 30, 2019 . The amount of gain or loss associated with the change in fair value of these instruments is deferred in Accumulated other comprehensive loss and recognized in Cost of sales in the same period or periods during which the hedged transaction affects earnings. As of March 28, 2020, the Company estimates that during the next 12 months it will reclassify approximately $0.1 million in net losses (based on current prices) from Accumulated other comprehensive loss to Cost of sales. Foreign Currency Derivatives. Forward exchange contracts outstanding at March 28, 2020 , December 31, 2019 and March 30, 2019 had notional contract values of $281.1 million , $332.5 million and $375.6 million , respectively. The notional contract values of option contracts outstanding totaled $17.8 million at both March 28, 2020 and December 31, 2019 . The Company had no outstanding option contracts as of March 30, 2019 . The forward contracts outstanding at March 28, 2020 mature through 2021 and mainly relate to the Euro, Canadian dollar, Australian dollar and Japanese yen. As of March 28, 2020 , the Company estimates that during the next 12 months, it will reclassify approximately $8.8 million of net gains (based on current rates) from Accumulated other comprehensive loss to Cost of sales. Interest Rate Derivatives. The Company previously entered into fixed-to-floating interest rate swaps to convert a portion of its long-term debt from fixed to floating rate debt. In the second half of 2019, the Company settled its fixed-to-floating interest rate swaps, resulting in a net deferred gain of $2.5 million included within Debt. The Company will reclassify $0.7 million of net deferred gains from Debt to Interest expense during the next 12 months. As a result, there are no outstanding interest rate swaps as of March 28, 2020 or December 31, 2019 . As of March 30, 2019 , the outstanding swaps had a total notional contract value of $200.0 million . These instruments have been designated as fair value hedges, with the fair value recorded in long-term debt. As of March 28, 2020 , December 31, 2019 and March 30, 2019 , the Company had $1.8 million , $2.0 million and $2.4 million , respectively, of net deferred losses associated with all settled forward-starting interest rate swaps, which were designated as cash flow hedges with gains and losses included in Accumulated other comprehensive loss. As of March 28, 2020 , the Company estimates that during the next 12 months, it will reclassify approximately $0.6 million of net losses resulting from settled forward-starting interest rate swaps from Accumulated other comprehensive loss to Interest expense. As of March 28, 2020 , December 31, 2019 and March 30, 2019 , the fair values of the Company’s derivative instruments were: (in millions) Derivative Assets Derivative Liabilities Instrument Balance Sheet Location Fair Value Balance Sheet Location Fair Value Mar 28, 2020 Dec 31, 2019 Mar 30, 2019 Mar 28, 2020 Dec 31, 2019 Mar 30, 2019 Derivatives Designated as Cash Flow Hedges Foreign exchange contracts Prepaid expenses and other $ 9.7 $ 4.1 $ 5.9 Accrued expenses $ 3.3 $ 2.3 $ 0.2 Commodity contracts Prepaid expenses and other — — — Accrued expenses 0.1 — — Total $ 9.7 $ 4.1 $ 5.9 $ 3.4 $ 2.3 $ 0.2 Derivatives Designated as Fair Value Hedges Interest rate contracts Prepaid expenses and other $ — $ — $ — Accrued expenses $ — $ — $ 0.2 Interest rate contracts Other long-term assets — — 0.9 Other long-term liabilities — — 0.4 Total $ — $ — $ 0.9 $ — $ — $ 0.6 Other Hedging Activity Foreign exchange contracts Prepaid expenses and other $ 2.6 $ 0.1 $ 1.0 Accrued expenses $ 0.2 $ 0.9 $ 0.0 The effect of derivative instruments on the Condensed Consolidated Statements of Comprehensive Income for the three months ended March 28, 2020 and March 30, 2019 was: (in millions) Derivatives Designated as Cash Flow Hedging Instruments Amount of Gain (Loss) on Derivatives Recognized in Accumulated Other Comprehensive Loss Location of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Earnings Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Earnings Mar 28, 2020 Mar 30, 2019 Mar 28, 2020 Mar 30, 2019 Interest rate contracts $ — $ — Interest expense $ (0.1 ) $ (0.1 ) Foreign exchange contracts 9.5 1.5 Cost of sales 2.7 2.8 Commodity contracts (0.1 ) — Cost of sales — — Total $ 9.4 $ 1.5 $ 2.6 $ 2.7 Derivatives Designated as Fair Value Hedging Instruments Location of Gain (Loss) on Derivatives Recognized in Earnings Amount of Gain (Loss) on Derivatives Recognized in Earnings Mar 28, 2020 Mar 30, 2019 Interest rate contracts Interest expense $ 0.2 $ (0.1 ) Other Hedging Activity Location of Gain (Loss) on Derivatives Recognized in Earnings Amount of Gain (Loss) on Derivatives Recognized in Earnings March 28, March 30, Foreign exchange contracts Cost of sales $ 4.8 $ 1.5 Foreign exchange contracts Other income (expense), net 1.1 0.0 Total $ 5.9 $ 1.5 Fair Value of Other Financial Instruments. The carrying values of the Company’s short-term financial instruments, including cash and cash equivalents and accounts and notes receivable approximate their fair values because of the short maturity of these instruments. At March 28, 2020 , December 31, 2019 and March 30, 2019 , the fair value of the Company’s long-term debt, including short-term debt and current maturities, was approximately $1,503.0 million , $1,214.6 million and $1,363.0 million , respectively, and was determined using Level 1 and Level 2 inputs described in Note 7 to the Notes to Consolidated Financial Statements in the 2019 Form 10-K. The carrying value of long-term debt, including short-term debt and current maturities, was $1,516.6 million , $1,131.6 million and $1,310.1 million as of March 28, 2020 , December 31, 2019 and March 30, 2019 , respectively.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 28, 2020
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis as of March 28, 2020 : (in millions) Level 1 Level 2 Total Assets: Cash equivalents $ 0.2 $ — $ 0.2 Short-term investments in marketable securities 0.8 — 0.8 Restricted cash 11.6 — 11.6 Derivatives — 12.3 12.3 Total assets $ 12.6 $ 12.3 $ 24.9 Liabilities: Derivatives $ — $ 3.6 $ 3.6 Deferred compensation 0.5 14.6 15.1 Total liabilities at fair value $ 0.5 $ 18.2 $ 18.7 Liabilities measured at net asset value 7.5 Total liabilities $ 26.2 The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2019 : (in millions) Level 1 Level 2 Total Assets: Cash equivalents $ 0.3 $ — $ 0.3 Short-term investments in marketable securities 0.8 — 0.8 Restricted cash 11.6 — 11.6 Derivatives — 4.2 4.2 Total assets $ 12.7 $ 4.2 $ 16.9 Liabilities: Derivatives $ — $ 3.2 $ 3.2 Deferred compensation 1.2 18.8 20.0 Total liabilities at fair value $ 1.2 $ 22.0 $ 23.2 Liabilities measured at net asset value 8.5 Total liabilities $ 31.7 The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis as of March 30, 2019 : (in millions) Level 1 Level 2 Total Assets: Cash equivalents $ 0.2 $ — $ 0.2 Short-term investments in marketable securities 0.8 — 0.8 Restricted cash 9.1 — 9.1 Derivatives — 7.8 7.8 Total assets $ 10.1 $ 7.8 $ 17.9 Liabilities: Derivatives $ — $ 0.8 $ 0.8 Deferred compensation 3.8 22.2 26.0 Total liabilities at fair value $ 3.8 $ 23.0 $ 26.8 Liabilities measured at net asset value 10.2 Total liabilities $ 37.0 In addition to the items shown in the tables above, refer to Note 7 in the Notes to Consolidated Financial Statements in the 2019 Form 10-K for further information regarding the fair value measurements associated with the Company’s postretirement benefit plans.

Share-Based Compensation

Share-Based Compensation	3 Months Ended
	Mar. 28, 2020
Share-based Payment Arrangement, Noncash Expense [Abstract]
Share-Based Compensation	Share-Based Compensation Under the Brunswick Corporation 2014 Stock Incentive Plan, the Company may grant stock appreciation rights (SARs), non-vested stock units and awards and performance awards to executives, other employees and non-employee directors from treasury shares and from authorized, but unissued, shares of common stock initially available for grant, in addition to: (i) the forfeiture of past stock units and awards; (ii) shares not issued upon the net settlement of SARs; or (iii) shares delivered to or withheld by the Company to pay the withholding taxes related to stock units and awards. As of March 28, 2020 , 4.8 million shares remained available for grant. Share grant amounts, fair values, and fair value assumptions reflect all outstanding stock units and awards for both continuing and discontinued operations. Non-Vested Stock Units The Company grants both stock-settled and cash-settled non-vested stock units to key employees as determined by management and the Human Resources and Compensation Committee of the Board of Directors. The Company granted 0.2 million and 0.3 million of stock units during the three months ended March 28, 2020 and March 30, 2019 , respectively. The Company recognizes the cost of non-vested stock units on a straight-line basis over the requisite vesting period. Additionally, cash-settled non-vested stock units are recorded as a liability on the balance sheet and adjusted to fair value each reporting period through stock compensation expense. During the three months ended March 28, 2020 and March 30, 2019 , the Company charged $2.0 million and $2.1 million , respectively, to compensation expense for non-vested stock units. As of March 28, 2020 , there was $22.7 million of total unrecognized compensation cost related to non-vested share-based compensation arrangements. The Company expects this cost to be recognized over a weighted average period of 1.8 years . Performance Awards In both February of 2020 and 2019 , the Company granted 0.1 million performance shares to certain senior executives. Performance share awards are based on three performance measures: a cash flow return on investment (CFROI) measure, an operating margin (OM) measure and a total shareholder return (TSR) modifier. Performance shares are earned based on a three-year performance period commencing at the beginning of the calendar year of each grant. The performance shares earned are then subject to a TSR modifier based on the Company's stock returns measured against stock returns of a predefined comparator group over a three-year performance period. Additionally, in February 2020 and 2019 , the Company granted 26,750 and 24,605 performance shares, respectively, to certain officers and certain senior managers based on the respective measures and performance periods described above but excluding the TSR modifier. During the three months ended March 28, 2020 and March 30, 2019 , the Company recognized a benefit of $2.1 million and a charge of $0.7 million , respectively, to compensation expense based on projections of probable attainment of the performance measures and the projected TSR modifier used to determine the performance awards. The fair values of the senior executives' performance share award grants with a TSR modifier for grants in 2020 and 2019 were $64.72 and $49.64 , respectively, which were estimated using the Monte Carlo valuation model, and incorporated the following assumptions: 2020 2019 Risk-free interest rate 1.4 % 2.9 % Dividend yield 1.5 % 1.7 % Volatility factor 46.6 % 41.0 % Expected life of award 2.9 years 2.9 years The fair value of certain officers' and certain senior managers' performance awards granted based solely on the CFROI and OM performance factors was $61.91 and $47.61 in 2020 and 2019 , respectively, which was equal to the stock price on the date of grant in 2020 and 2019 , respectively, less the present value of expected dividend payments over the vesting period. As of March 28, 2020 , the Company had $8.4 million of total unrecognized compensation cost related to performance awards. The Company expects this cost to be recognized over a weighted average period of 1.5 years. Director Awards The Company issues stock awards to non-employee directors in accordance with the terms and conditions determined by the Nominating and Corporate Governance Committee of the Board of Directors. A portion of each director’s annual fee is paid in Brunswick common stock, the receipt of which may be deferred until a director retires from the Board of Directors. Each director may elect to have the remaining portion paid in cash, in Brunswick common stock distributed at the time of the award, or in deferred Brunswick common stock with a 20 percent premium.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 28, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Product Warranties The following activity related to product warranty liabilities was recorded in Accrued expenses during the three months ended March 28, 2020 and March 30, 2019 : (in millions) March 28, 2020 March 30, 2019 Balance at beginning of period $ 117.6 $ 116.8 Payments - Recurring (11.6 ) (12.8 ) Payments - Sport Yacht and Yachts and Fitness businesses (1.7 ) (4.0 ) Provisions/additions for contracts issued/sold 13.8 15.1 Aggregate changes for preexisting warranties (1.3 ) 0.3 Foreign currency translation (0.8 ) 0.0 Balance at end of period $ 116.0 $ 115.4 Extended Product Warranties The following activity related to deferred revenue for extended product warranty contracts was recorded in Accrued expenses and Other long-term liabilities during the three months ended March 28, 2020 and March 30, 2019 : (in millions) March 28, March 30, Balance at beginning of period $ 75.3 $ 66.4 Extended warranty contracts sold 5.7 5.4 Revenue recognized on existing extended warranty contracts (3.9 ) (3.5 ) Foreign currency translation (0.4 ) 0.0 Other (0.1 ) (0.1 ) Balance at end of period $ 76.6 $ 68.2

Goodwill and Intangibles

Goodwill and Intangibles	3 Months Ended
	Mar. 28, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangibles [Text Block]	Goodwill and Other Intangibles Effective January 1, 2020, the Company changed its management reporting and updated its reportable segments to Propulsion, Parts and Accessories (P&A) and Boat (inclusive of Business Acceleration) to align with its strategy. Refer to Note 11 – Segment Data for further information on the Company's reportable segments. As a result, the Company reallocated goodwill to its reporting units within the Propulsion and P&A segments based on each reporting unit's relative fair value. Changes in the Company's goodwill during the three months ended March 28, 2020 , by segment, are summarized below: (in millions) December 31, Adjustments March 28, Propulsion (A) $ 14.5 $ (0.7 ) $ 13.8 Parts and Accessories (A) 371.9 (0.3 ) 371.6 Boat 28.6 — 28.6 Total $ 415.0 $ (1.0 ) $ 414.0 (A) In the 2019 Form 10-K, goodwill for Propulsion and Parts and Accessories were presented within the Marine Engine segment. Changes in the Company's goodwill during the three months ended March 30, 2019 , by segment, are summarized below: (in millions) December 31, 2018 Adjustments March 30, Propulsion (A) $ 14.6 $ — $ 14.6 Parts and Accessories (A) 360.5 4.5 365.0 Boat 2.2 — 2.2 Total $ 377.3 $ 4.5 $ 381.8 (A) In the 2019 Form 10-K, goodwill for Propulsion and Parts and Accessories were presented within the Marine Engine segment. Adjustments for the three months ended March 30, 2019 mainly relate to refining purchase accounting related to the Power Products acquisition. See Note 5 – Acquisitions for further details on the Company's acquisitions. Adjustments in both periods include the effect of foreign currency translation on goodwill denominated in currencies other than the U.S. dollar. There was no accumulated impairment loss on Goodwill as of March 28, 2020 , December 31, 2019 and March 30, 2019 . The Company's intangible assets, included within Other intangibles, net on the Condensed Consolidated Balance Sheets as of March 28, 2020 , December 31, 2019 and March 30, 2019 , are summarized by intangible asset type below: March 28, 2020 December 31, 2019 March 30, 2019 (in millions) Gross Amount Accumulated Amortization Gross Amount Accumulated Amortization Gross Amount Accumulated Amortization Intangible assets: Customer relationships (A) $ 686.6 $ (282.3 ) $ 687.0 $ (274.6 ) $ 675.9 $ (251.2 ) Trade names 165.5 — 165.8 — 152.6 — Other (A) 18.3 (13.1 ) 18.4 (13.1 ) 13.5 (12.7 ) Total $ 870.4 $ (295.4 ) $ 871.2 $ (287.7 ) $ 842.0 $ (263.9 ) (A) The weighted average remaining amortization period for Customer relationships and Other intangibles assets were 13.3 years and 11.7 years, respectively, as of March 28, 2020 . Other intangible assets primarily consist of patents and franchise agreements. Gross amounts and related accumulated amortization amounts include adjustments related to the impact of foreign currency translation. Aggregate amortization expense for intangibles was $8.0 million and $7.9 million for the three months ended March 28, 2020 and March 30, 2019 , respectively. The Company's intangible assets, included within Other intangibles, net on the Condensed Consolidated Balance Sheets as of March 28, 2020 , December 31, 2019 and March 30, 2019 , are summarized by segment below: March 28, 2020 December 31, 2019 March 30, 2019 (in millions) Gross Amount Accumulated Amortization Gross Amount Accumulated Amortization Gross Amount Accumulated Amortization Propulsion $ 1.0 $ (0.5 ) $ 1.0 $ (0.5 ) $ 1.0 $ (0.5 ) Parts and Accessories 616.9 (89.2 ) 617.6 (81.9 ) 617.6 (59.2 ) Boat 252.5 (205.7 ) 252.6 (205.3 ) 223.4 (204.2 ) Total $ 870.4 $ (295.4 ) $ 871.2 $ (287.7 ) $ 842.0 $ (263.9 ) The Company tests its intangible assets for impairment during the fourth quarter of each year, or whenever a significant change in events and circumstances (triggering event) occurs that indicates the fair value of intangible assets may be below their carrying values. The Company determined the COVID-19 pandemic was a triggering event and, as a result, performed an interim impairment test of certain intangible assets as of March 28, 2020 . The Company considered both quantitative and qualitative factors in its analysis and determined the fair values of its intangible assets were not “more-likely-than-not” lower than their carrying values. As such, the Company did not record an impairment charge during the three months ended March 28, 2020. The Company will continue to monitor the impacts of COVID-19 and assess the need for further testing going forward.

Segment Data

Segment Data	3 Months Ended
	Mar. 28, 2020
Segment Reporting [Abstract]
Segment Data	Segment Data Change in Reportable Segments Effective January 1, 2020, the Company changed its management reporting and updated its reportable segments to Propulsion, Parts and Accessories and Boat (inclusive of Business Acceleration) to align with its strategy. Concurrent with this change, the Company has changed its measurement of segment profit and loss due to a decision to streamline internal and external reporting practices relating to marine engines sold from the Propulsion segment to the Boat segment. This change in presentation, which is not the result of a change in business practice, more closely follows current market dynamics, as well as provides improved comparability with other boat companies. Reportable Segments The Company's segments are defined by management's reporting structure and operating activities. The Company's reportable segments are the following: Propulsion . The Propulsion segment manufactures and markets a full range of outboard, sterndrive, and inboard engines, as well as propulsion-related controls, propellers, and rigging parts and accessories. These products are principally sold directly to boat builders, including Brunswick’s Boat segment, and through marine retail dealers worldwide. The Propulsion segment primarily markets under the Mercury, Mercury MerCruiser, Mariner, Mercury Racing, and Mercury Diesel brands. The segment's engine manufacturing plants are located mainly in the United States and China, along with a joint venture in Japan, with sales mainly to markets in the Americas, Europe and Asia-Pacific. Parts and Accessories. The Parts and Accessories (P&A) segment consists of the Engine Parts and Accessories and the Advanced Systems Group operating segments, which are aggregated and presented as a single reportable segment. The P&A segment manufactures, markets, and supplies parts and accessories for both marine and non-marine markets. These products are designed for and sold mostly to aftermarket retailers, distributors, and distribution businesses, as well as original equipment manufacturers (including Brunswick brands). Branded parts and accessories include consumables, such as engine oils and lubricants, and are sold under the Mercury, Mercury Precision Parts, Quicksilver, and Seachoice brands. The P&A segment also consists of distribution businesses such as Land 'N' Sea, Kellogg Marine Supply, Lankhorst Taselaar, BLA, and Payne's Marine Group, which distribute third-party and Company products. These businesses are leading distributors of marine parts and accessories throughout North America, Europe, and Asia-Pacific. The P&A segment also includes the collection of brands acquired with Power Products in 2018 and certain other businesses operating under the Ancor, Attwood, BEP, Blue Sea Systems, CZone, Del City, Garelick, Lenco Marine, Marinco, Mastervolt, MotorGuide, ParkPower, Progressive Industries, ProMariner, and Whale brand names. Products include marine electronics and control systems, instruments, trolling motors, fuel systems, electrical systems, as well as specialty vehicle, mobile, and transportation aftermarket products. The P&A segment's manufacturing and distribution facilities are primarily located in North America and Europe. Boat. The Boat segment designs, manufactures and markets the following boat brands and products: Sea Ray sport boats and cruisers; Bayliner sport cruisers, runabouts, and Heyday wake boats; Boston Whaler fiberglass offshore boats; Lund fiberglass fishing boats; Crestliner, Cypress Cay, Harris, Lowe, Lund, and Princecraft aluminum fishing, utility, pontoon boats, and deck boats; and Thunder Jet heavy-gauge aluminum boats. The Boat Group procures substantially all of its outboard engines, gasoline sterndrive engines, and gasoline inboard engines from Brunswick's Propulsion segment. The Boat Group also includes Brunswick boat brands based in Europe and Asia-Pacific, which include Quicksilver, Uttern, and Rayglass (including Protector and Legend). The Boat segment's products are manufactured mainly in the United States, Europe and Mexico and sold through a global network of dealer and distributor locations, primarily in North America and Europe. The Boat segment also includes the Business Acceleration business, which through innovative service models, shared access solutions, including the Freedom Boat Club business acquired in 2019, dealer services and emerging technology, aims to provide exceptional experiences to attract a wide range of customers to the marine industry and shape the future of boating. The Company evaluates performance based on segment operating earnings. Segment operating earnings do not include the expenses of corporate administration, pension costs and pension settlement charges, impairments or gains on the sale of equity investments, earnings from unconsolidated affiliates, other expenses and income of a non-operating nature, transaction financing charges, interest expense, and income or provisions or benefits for income taxes. Corporate/Other results include items such as corporate staff and administrative costs, investments in technology solutions, business development and other growth-related expenses, including IT enhancements. Corporate/Other total assets consist of mainly cash, cash equivalents and investments in marketable securities, restricted cash, income tax balances and investments in unconsolidated affiliates. Segment eliminations adjust for sales between the Company's reportable segments and primarily relate to the sale of engines and parts and accessories to various boat brands, which are consummated at established arm’s length transfer prices as the intersegment pricing for these engines and parts and accessories are based upon and consistent with selling prices to third party customers. The following table sets forth net sales and operating earnings (loss) for each of the Company's reportable segments for the three months ended March 28, 2020 and March 30, 2019 : Net Sales Operating Earnings (Loss) (in millions) March 28, March 30, March 28, March 30, Propulsion $ 448.6 $ 452.4 $ 61.3 $ 59.9 Parts and Accessories 301.6 313.6 46.2 47.8 Boat 291.5 373.3 5.1 27.0 Corporate/Other — — (9.4 ) (20.6 ) Segment Eliminations (76.2 ) (88.6 ) — — Total $ 965.5 $ 1,050.7 $ 103.2 $ 114.1 The following table sets forth total assets of each of the Company's reportable segments: Total Assets (in millions) March 28, December 31, March 30, Propulsion $ 1,062.6 $ 1,002.8 $ 997.5 Parts and Accessories 1,609.9 1,519.0 1,630.4 Boat (A) 488.8 473.0 434.2 Corporate/Other 743.3 569.6 419.8 Total (B) $ 3,904.6 $ 3,564.4 $ 3,481.9 (A) As of March 28, 2020 , December 31, 2019 and March 30, 2019 , the Company had $3.0 million , $3.0 million and $8.9 million , respectively, of assets classified as held for sale which were not related to discontinued operations. These assets were recorded within Net Property as of March 28, 2020 and December 31, 2019 and recorded within Long term assets held for sale as of March 30, 2019 . (B) As of March 30, 2019 , the Company had $853.0 million of assets classified as held for sale in the Condensed Consolidated Balance Sheets relating to discontinued operations. See Note 3 – Discontinued Operations for further details.

Comprehensive Income

Comprehensive Income	3 Months Ended
	Mar. 28, 2020
Comprehensive Income [Abstract]
Comprehensive Income	Comprehensive Income Accumulated other comprehensive loss in the Condensed Consolidated Balance Sheets includes foreign currency cumulative translation adjustments; prior service costs and credits and net actuarial gains and losses for defined benefit plans; and unrealized derivative gains and losses, all net of tax. Changes in the components of Accumulated other comprehensive loss, all net of tax, for the three months ended March 28, 2020 and March 30, 2019 were as follows: (in millions) March 28, March 30, Net earnings (loss) $ 69.0 $ (36.3 ) Other comprehensive income (loss): Foreign currency cumulative translation adjustment (13.3 ) 0.1 Net change in unamortized prior service credits (0.2 ) (0.1 ) Net change in unamortized actuarial losses 0.4 1.9 Net change in unrealized derivative losses 5.2 (0.9 ) Total other comprehensive income (loss) (7.9 ) 1.0 Comprehensive income (loss) $ 61.1 $ (35.3 ) The following table presents the changes in Accumulated other comprehensive loss by component, all net of tax, for the three months ended March 28, 2020 : (in millions) Foreign currency translation Prior service credits Net actuarial losses Net derivative losses Total Beginning balance $ (37.6 ) $ (3.0 ) $ (7.3 ) $ (5.5 ) $ (53.4 ) Other comprehensive income (loss) before reclassifications (A) (13.3 ) — 0.3 7.1 (5.9 ) Amounts reclassified from Accumulated other comprehensive loss (B) — (0.2 ) 0.1 (1.9 ) (2.0 ) Net other comprehensive income (loss) (13.3 ) (0.2 ) 0.4 5.2 (7.9 ) Ending balance $ (50.9 ) $ (3.2 ) $ (6.9 ) $ (0.3 ) $ (61.3 ) (A) The tax effects for the three months ended March 28, 2020 were $2.8 million for foreign currency translation, $0.0 million for net actuarial losses arising during the period and $(0.9) million for derivatives. (B) See the table below for the tax effects for the three months ended March 28, 2020 . The following table presents the changes in Accumulated other comprehensive loss by component, all net of tax, for the three months ended March 30, 2019 : (in millions) Foreign currency translation Prior service credits Net actuarial losses Net derivative losses Total Beginning balance $ (48.9 ) $ (6.1 ) $ (306.2 ) $ (1.9 ) $ (363.1 ) Other comprehensive income (loss) before reclassifications (A) 0.1 — — 1.0 1.1 Amounts reclassified from Accumulated other comprehensive loss (B) — (0.1 ) 1.9 (1.9 ) (0.1 ) Net other comprehensive income (loss) 0.1 (0.1 ) 1.9 (0.9 ) 1.0 Ending balance $ (48.8 ) $ (6.2 ) $ (304.3 ) $ (2.8 ) $ (362.1 ) (A) The tax effects for the three months ended March 30, 2019 were $0.2 million for foreign currency translation and $(0.5) million for derivatives. (B) See the table below for the tax effects for the three months ended March 30, 2019 . The following table presents reclassification adjustments out of Accumulated other comprehensive loss during the three months ended March 28, 2020 and March 30, 2019 : Details about Accumulated other comprehensive income (loss) components (in millions) March 28, March 30, Affected line item in the statement where net income is presented Amortization of defined benefit items: Prior service credits $ 0.2 $ 0.2 Other income (expense), net Net actuarial losses (0.1 ) (2.5 ) Other income (expense), net 0.1 (2.3 ) Earnings before income taxes — 0.5 Income tax provision $ 0.1 $ (1.8 ) Net earnings from continuing operations Amount of gain (loss) reclassified into earnings on derivative contracts: Interest rate contracts $ (0.1 ) $ (0.1 ) Interest expense Foreign exchange contracts 2.7 2.8 Cost of sales 2.6 2.7 Earnings before income taxes (0.7 ) (0.8 ) Income tax provision $ 1.9 $ 1.9 Net earnings from continuing operations

Income Taxes

Income Taxes	3 Months Ended
	Mar. 28, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company recognized an income tax provision for the three months ended March 28, 2020 and March 30, 2019 of $18.4 million and $18.8 million , respectively. The income tax provision of $18.4 million included a net benefit of $0.8 million primarily associated with the net excess tax benefits related to share-based compensation. The income tax provision of $18.8 million included a net benefit of $2.8 million primarily related to state tax rate changes and the net excess tax benefits related to share-based compensation. The excess tax benefit for the three months ended March 28, 2020 and March 30, 2019 , was $0.5 million and $1.2 million , respectively. The effective tax rate, which is calculated as the income tax provision as a percentage of earnings before income taxes, for the three months ended March 28, 2020 , was 20.7 percent . The effective tax rate for the three months ended March 30, 2019 was 19.8 percent . No deferred income taxes have been provided as of March 28, 2020 , December 31, 2019 or March 30, 2019 on the applicable undistributed earnings of the non-U.S. subsidiaries where the indefinite reinvestment assertion has been applied. If at some future date these earnings cease to be indefinitely reinvested and are repatriated, the Company may be subject to additional U.S. income taxes and foreign withholding taxes on such amounts. The Company continues to provide deferred taxes, as required, on the undistributed net earnings of foreign subsidiaries and unconsolidated affiliates that are not deemed to be indefinitely reinvested in operations outside the United States. As of March 28, 2020 , December 31, 2019 and March 30, 2019 , the Company had $4.3 million , $3.9 million and $2.7 million of gross unrecognized tax benefits, including interest, respectively. The Company believes it is reasonably possible that the total amount of gross unrecognized tax benefits as of March 28, 2020 could decrease by approximately $0.7 million in the next 12 months due to settlements with taxing authorities or lapses in the applicable statute of limitations. Due to the various jurisdictions in which the Company files tax returns and the uncertainty regarding the timing of the settlement of tax audits, it is possible that there could be significant changes in the amount of unrecognized tax benefits in 2020 , but the amount cannot be estimated at this time. The Company is regularly audited by federal, state and foreign tax authorities. The Internal Revenue Service (IRS) has completed its field examination and has issued its Revenue Agents Report through the 2014 tax year and all open issues have been resolved. The Company is currently open to tax examinations by the IRS for the 2016 through 2018 tax years. Primarily as a result of filing amended returns, which were generated by the closing of federal income tax audits, the Company is still open to state and local tax audits in major tax jurisdictions dating back to the 2014 taxable year. The Company is no longer subject to income tax examinations by any major foreign tax jurisdiction for years prior to 2013.

Postretirement Benefits

Postretirement Benefits	3 Months Ended
	Mar. 28, 2020
Retirement Benefits [Abstract]
Retirement Benefits [Text Block]	Postretirement Benefits The Company has defined contribution plans, nonqualified defined benefit pension plans, and other postretirement benefit plans covering substantially all of its employees. The Company's contributions to its defined contribution plans include matching and annual discretionary contributions which are based on various percentages of compensation, and in some instances are based on the amount of the employees' contributions to the plans. See Note 17 in the Notes to Consolidated Financial Statements in the 2019 Form 10-K for further details regarding these plans. Pension and other postretirement benefit costs included the following components for the three months ended March 28, 2020 and March 30, 2019 : Pension Benefits Other Postretirement Benefits (in millions) March 28, March 30, March 28, March 30, Interest cost $ 0.2 $ 2.6 $ 0.2 $ 0.3 Expected return on plan assets — (3.3 ) — — Amortization of prior service credits — — (0.2 ) (0.2 ) Amortization of net actuarial losses 0.1 2.5 — — Net pension and other benefit costs $ 0.3 $ 1.8 $ — $ 0.1

Debt

Debt	3 Months Ended
	Mar. 28, 2020
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	Debt In July 2019, the Company called $150.0 million of its 4.625% senior notes due 2021. The bonds were retired in August 2019 at par plus accrued interest, in accordance with the call provisions of the notes, and the associated interest rate swaps have been terminated. Refer to Note 6 – Financial Instruments for further information on the terminated interest rate swaps. In March 2019, the Company issued an aggregate principal amount of $230.0 million of its 6.375% Senior Notes (6.375% Notes) due April 2049 in a public offering, which resulted in aggregate net proceeds to the Company of $222.0 million . Net proceeds from the offering of the 6.375% Notes were used to prepay all of the $150.0 million , 3-year tranche loan due 2021 and for general corporate purposes. Interest on the 6.375% Notes is due quarterly, commencing on April 15, 2019. The Company may, at its option, redeem the 6.375% Notes on or after (but not prior to) April 15, 2024, either in whole or in part, at a redemption price equal to 100 percent of the principal amount plus any accrued and unpaid interest. Additionally, in the event of a change in control, the Company may be required to repurchase some or all of its 6.375% Notes at a price equal to 101 percent of the principal amount plus any accrued and unpaid interest. The 6.375% Notes are unsecured and do not contain subsidiary guarantees. Scheduled maturities, net: (in millions) Remainder of 2020 $ 425.3 2021 42.5 2022 36.0 2023 306.1 2024 0.4 Thereafter 684.4 Total debt $ 1,494.7 The Company maintains an Amended and Restated Credit Agreement (Credit Facility) providing for $400.0 million of borrowing capacity in effect through September 2024. The Credit Facility includes provisions to add up to $100.0 million of additional borrowing capacity and extend the facility for an additional one-year term, subject to lender approval. On March 23, 2020, the Company delivered borrowing requests to the administrative agent for the Credit Facility to increase the Company’s borrowings to $385.0 million , which was substantially all of the amount available for borrowing under the Credit Facility, net of outstanding letters of credit. The Company borrowed the amounts described above under the Revolving Credit Facility as a precautionary action in order to increase its cash position and to enhance its liquidity and financial flexibility during this period of substantial uncertainty in the global markets resulting from the COVID-19 pandemic. Proceeds from the borrowings are expected to be held on the Company’s balance sheet and may be used for general corporate purposes. The maximum amount utilized under the Credit Facility during the first three months of 2019 , including letters of credit outstanding, was $215.0 million , all of which was repaid during the period. The Company had $385.0 million of borrowings outstanding as of March 28, 2020 , and available borrowing capacity totaled $2.9 million , net of $12.1 million of letters of credit outstanding under the Credit Facility. The maximum amount utilized under the Credit Facility during the three months ended March 28, 2020 , including letters of credit outstanding, was $397.1 million . Refer to Note 16 in the Notes to Consolidated Financial Statements in the 2019 Form 10-K for details regarding the Company's Credit Facility. In December 2019, the Company entered into an unsecured commercial paper program (CP Program) pursuant to which the Company, may issue short-term, unsecured commercial paper notes (CP Notes). Amounts available under the CP Program may be borrowed, repaid and re-borrowed from time to time, with the aggregate principal amount of CP Notes outstanding under the CP Program at any time not to exceed the lower of $300.0 million or the available borrowing amount under the credit facility. Refer to Note 16 in the Notes to Consolidated Financial Statements in the 2019 Form 10-K for details regarding the Company's CP Program. During the three months ended March 28, 2020 , maximum aggregate borrowings under the CP Program totaled $100 million , all of which was repaid during the period. As of March 28, 2020 , the Company was in compliance with the financial covenants associated with the Company's debt.

Subsequent Event (Notes)

Subsequent Event (Notes)	3 Months Ended
	Mar. 28, 2020
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On March 23, 2020, the Company suspended production across most of its businesses in response to COVID-19 government mandates, reduced demand conditions and supplier considerations as a result of the pandemic. Beginning on April 13, 2020, the Company resumed partial operations and limited production activities in certain manufacturing facilities. As of May 7, 2020, the Company's significant manufacturing facilities in the U.S. and Europe are back on-line with new temperature screening, distancing, and cleaning protocols.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 28, 2020
Accounting Policies [Abstract]
Basis of Accounting	Interim Financial Statements. The unaudited interim condensed consolidated financial statements of Brunswick Corporation (Brunswick or the Company) have been prepared pursuant to Securities and Exchange Commission (SEC) rules and regulations. Therefore, certain information and disclosures normally included in financial statements and related notes prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) have been condensed or omitted.
Fiscal Period Policy	The Company maintains its financial records on the basis of a fiscal year ending on December 31, with the fiscal quarters spanning approximately thirteen weeks. The first quarter ends on the Saturday closest to the end of the first thirteen -week period. The second and third quarters are thirteen weeks in duration and the fourth quarter is the remainder of the year. The first quarter of fiscal year 2020 ended on March 28, 2020 and the first quarter of fiscal year 2019 ended on March 30, 2019 .
Recent Accounting Pronouncements	Recently Adopted Accounting Standards Current Expected Credit Loss : In June 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-13, Measurement of Credit Losses on Financial Instruments, which updated the Accounting Standards Codification (ASC) to add an impairment model that is based on expected losses rather than incurred losses. On January 1, 2020, the Company adopted this standard and the adoption did not have an impact on the condensed consolidated financial statements.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 28, 2020
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue [Table Text Block]	The following table presents the Company's revenue into categories that depict how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors: Three Months Ended March 28, 2020 (in millions) Propulsion Parts & Accessories Boat Total Geographic Markets United States $ 290.9 $ 210.9 $ 215.5 $ 717.3 Europe 69.6 42.8 35.1 147.5 Asia-Pacific 49.3 24.7 5.6 79.6 Canada 14.1 13.7 31.8 59.6 Rest-of-World 24.7 9.5 3.5 37.7 Segment Eliminations (69.1 ) (7.1 ) — (76.2 ) Total $ 379.5 $ 294.5 $ 291.5 $ 965.5 Major Product Lines Outboard Engines $ 353.8 $ — $ — $ 353.8 Controls, Rigging, and Propellers 57.5 — — 57.5 Sterndrive Engines 37.3 — — 37.3 Distribution Parts and Accessories — 121.3 — 121.3 Advanced Systems Group — 103.1 — 103.1 Engine Parts and Accessories — 77.2 — 77.2 Aluminum Freshwater Boats — — 120.5 120.5 Recreational Fiberglass Boats — — 101.8 101.8 Saltwater Fishing Boats — — 59.8 59.8 Business Acceleration — — 9.4 9.4 Segment Eliminations (69.1 ) (7.1 ) — (76.2 ) Total $ 379.5 $ 294.5 $ 291.5 $ 965.5 Three Months Ended March 30, 2019 (in millions) Propulsion Parts & Accessories Boat Total Geographic Markets United States $ 309.8 $ 214.4 $ 273.9 $ 798.1 Europe 73.1 46.1 36.7 155.9 Asia-Pacific 31.4 24.7 5.4 61.5 Canada 14.9 16.4 50.0 81.3 Rest-of-World 23.2 12.0 7.3 42.5 Segment Eliminations (79.0 ) (9.6 ) — (88.6 ) Total $ 373.4 $ 304.0 $ 373.3 $ 1,050.7 Major Product Lines Outboard Engines $ 352.3 $ — $ — $ 352.3 Controls, Rigging, and Propellers 53.2 — — 53.2 Sterndrive Engines 46.9 — — 46.9 Distribution Parts and Accessories — 124.2 — 124.2 Advanced Systems Group — 104.0 — 104.0 Engine Parts and Accessories — 85.4 — 85.4 Aluminum Freshwater Boats — — 166.2 166.2 Recreational Fiberglass Boats — — 115.0 115.0 Saltwater Fishing Boats — — 90.2 90.2 Business Acceleration — — 1.9 1.9 Segment Eliminations (79.0 ) (9.6 ) — (88.6 ) Total $ 373.4 $ 304.0 $ 373.3 $ 1,050.7

Discontinued Operations (Tables

Discontinued Operations (Tables)	3 Months Ended
	Mar. 28, 2020
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations [Table Text Block]	The following table discloses the results of operations of the business reported as discontinued operations for the three months ended March 28, 2020 and March 30, 2019 , respectively: (in millions) March 28, 2020 March 30, 2019 Net sales $ — $ 225.2 Cost of sales — 167.1 Selling, general and administrative expense (A) 0.8 56.4 Research and development expense — 6.2 Restructuring, exit and impairment charges (B) — 138.3 Loss from discontinued operations before income taxes (A) (B) $ (0.8 ) $ (142.8 ) Income tax benefit (0.2 ) (30.3 ) Loss from discontinued operations, net of tax (B) (A) (0.6 ) (112.5 ) Loss on disposal of discontinued operations, net of tax (C) (1.1 ) — Net loss from discontinued operations, net of tax $ (1.7 ) $ (112.5 ) (A) The Company recorded $7.8 million for the three months ended March 30, 2019 of net costs incurred in connection with the sale of the Fitness business. (B) In the first quarter of 2019, the Company re-evaluated the fair value of the Fitness reporting unit and determined the fair value of the business was less than its carrying value. As a result, the Company recorded a $137.2 million ( $103.0 million after tax) goodwill impairment charge for the three months ended March 30, 2019. (C) Loss on disposal of discontinued operations, net of tax, for the three months ended March 28, 2020 includes a pre-tax loss of $1.5 million and a tax benefit of $0.4 million . There were no assets and liabilities held for sale related to discontinued operations as of March 28, 2020 . The following table reflects the summary of assets and liabilities held for sale as of March 30, 2019 primarily related to the Fitness business included in discontinued operations: (in millions) March 30, Accounts and notes receivable, net $ 184.5 Net inventory 173.8 Prepaid expenses and other 11.1 Current assets held for sale 369.4 Net property (A) 107.6 Goodwill 252.3 Other intangibles, net 58.6 Other long-term assets 74.0 Long-term assets held for sale 492.5 Assets held for sale $ 861.9 Accounts payable $ 52.7 Accrued expenses 188.2 Current liabilities held for sale 240.9 Other liabilities 119.3 Long-term liabilities held for sale 119.3 Liabilities held for sale $ 360.2 (A) As of March 30, 2019 , the Company had $8.9 million of net long-term assets classified as held for sale that were not related to the business reported as discontinued operations.

Restructuring, Exit and Integ_2

Restructuring, Exit and Integration Activities (Tables)	3 Months Ended
	Mar. 28, 2020
Restructuring and Related Activities [Abstract]
Restructuring and Related Costs [Table Text Block]	The following table is a summary of the expense associated with the restructuring, exit and impairment activities discussed above for the three months ended March 28, 2020 and March 30, 2019 : March 28, 2020 March 30, 2019 (in millions) Parts & Accessories Boat Corporate Total Boat Corporate Total Restructuring and exit activities: Employee termination and other benefits $ 0.3 $ (0.0 ) $ 0.1 $ 0.4 $ 0.4 $ 1.2 $ 1.6 Current asset write-downs — — — — 0.2 — 0.2 Other — — — — 0.1 — 0.1 Definite-lived and other asset impairments — — — — 1.3 — 1.3 Total restructuring, exit and impairment charges $ 0.3 $ (0.0 ) $ 0.1 $ 0.4 $ 2.0 $ 1.2 $ 3.2 Total cash payments for restructuring, exit and impairment charges (A) $ 0.6 $ 2.2 $ 1.0 $ 3.8 $ 5.0 $ 0.2 $ 5.2 Accrued charges at end of the period (B) $ 1.0 $ 3.8 $ 0.6 $ 5.4 $ 10.8 $ 1.7 $ 12.5 (A) Cash payments for the three months ended March 28, 2020 and March 30, 2019 may include payments related to prior period charges. (B) Restructuring, exit and impairment charges accrued as of March 28, 2020 are expected to be paid primarily during 2020.

Financial Instruments Financial

Financial Instruments Financial Instruments (Tables)	3 Months Ended
	Mar. 28, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair Values of Derivative Instruments	As of March 28, 2020 , December 31, 2019 and March 30, 2019 , the fair values of the Company’s derivative instruments were: (in millions) Derivative Assets Derivative Liabilities Instrument Balance Sheet Location Fair Value Balance Sheet Location Fair Value Mar 28, 2020 Dec 31, 2019 Mar 30, 2019 Mar 28, 2020 Dec 31, 2019 Mar 30, 2019 Derivatives Designated as Cash Flow Hedges Foreign exchange contracts Prepaid expenses and other $ 9.7 $ 4.1 $ 5.9 Accrued expenses $ 3.3 $ 2.3 $ 0.2 Commodity contracts Prepaid expenses and other — — — Accrued expenses 0.1 — — Total $ 9.7 $ 4.1 $ 5.9 $ 3.4 $ 2.3 $ 0.2 Derivatives Designated as Fair Value Hedges Interest rate contracts Prepaid expenses and other $ — $ — $ — Accrued expenses $ — $ — $ 0.2 Interest rate contracts Other long-term assets — — 0.9 Other long-term liabilities — — 0.4 Total $ — $ — $ 0.9 $ — $ — $ 0.6 Other Hedging Activity Foreign exchange contracts Prepaid expenses and other $ 2.6 $ 0.1 $ 1.0 Accrued expenses $ 0.2 $ 0.9 $ 0.0
Effect of Derivative Instruments on the Condensed Consolidated Statements of Comprehensive Income	The effect of derivative instruments on the Condensed Consolidated Statements of Comprehensive Income for the three months ended March 28, 2020 and March 30, 2019 was: (in millions) Derivatives Designated as Cash Flow Hedging Instruments Amount of Gain (Loss) on Derivatives Recognized in Accumulated Other Comprehensive Loss Location of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Earnings Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Earnings Mar 28, 2020 Mar 30, 2019 Mar 28, 2020 Mar 30, 2019 Interest rate contracts $ — $ — Interest expense $ (0.1 ) $ (0.1 ) Foreign exchange contracts 9.5 1.5 Cost of sales 2.7 2.8 Commodity contracts (0.1 ) — Cost of sales — — Total $ 9.4 $ 1.5 $ 2.6 $ 2.7 Derivatives Designated as Fair Value Hedging Instruments Location of Gain (Loss) on Derivatives Recognized in Earnings Amount of Gain (Loss) on Derivatives Recognized in Earnings Mar 28, 2020 Mar 30, 2019 Interest rate contracts Interest expense $ 0.2 $ (0.1 ) Other Hedging Activity Location of Gain (Loss) on Derivatives Recognized in Earnings Amount of Gain (Loss) on Derivatives Recognized in Earnings March 28, March 30, Foreign exchange contracts Cost of sales $ 4.8 $ 1.5 Foreign exchange contracts Other income (expense), net 1.1 0.0 Total $ 5.9 $ 1.5

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 28, 2020
Fair Value Disclosures [Abstract]
Summary of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis as of March 28, 2020 : (in millions) Level 1 Level 2 Total Assets: Cash equivalents $ 0.2 $ — $ 0.2 Short-term investments in marketable securities 0.8 — 0.8 Restricted cash 11.6 — 11.6 Derivatives — 12.3 12.3 Total assets $ 12.6 $ 12.3 $ 24.9 Liabilities: Derivatives $ — $ 3.6 $ 3.6 Deferred compensation 0.5 14.6 15.1 Total liabilities at fair value $ 0.5 $ 18.2 $ 18.7 Liabilities measured at net asset value 7.5 Total liabilities $ 26.2 The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2019 : (in millions) Level 1 Level 2 Total Assets: Cash equivalents $ 0.3 $ — $ 0.3 Short-term investments in marketable securities 0.8 — 0.8 Restricted cash 11.6 — 11.6 Derivatives — 4.2 4.2 Total assets $ 12.7 $ 4.2 $ 16.9 Liabilities: Derivatives $ — $ 3.2 $ 3.2 Deferred compensation 1.2 18.8 20.0 Total liabilities at fair value $ 1.2 $ 22.0 $ 23.2 Liabilities measured at net asset value 8.5 Total liabilities $ 31.7 The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis as of March 30, 2019 : (in millions) Level 1 Level 2 Total Assets: Cash equivalents $ 0.2 $ — $ 0.2 Short-term investments in marketable securities 0.8 — 0.8 Restricted cash 9.1 — 9.1 Derivatives — 7.8 7.8 Total assets $ 10.1 $ 7.8 $ 17.9 Liabilities: Derivatives $ — $ 0.8 $ 0.8 Deferred compensation 3.8 22.2 26.0 Total liabilities at fair value $ 3.8 $ 23.0 $ 26.8 Liabilities measured at net asset value 10.2 Total liabilities $ 37.0

Share-Based Compensation (Table

Share-Based Compensation (Tables)	3 Months Ended
	Mar. 28, 2020
Share-based Payment Arrangement, Noncash Expense [Abstract]
Fair Value Assumptions for Performance Awards	The fair values of the senior executives' performance share award grants with a TSR modifier for grants in 2020 and 2019 were $64.72 and $49.64 , respectively, which were estimated using the Monte Carlo valuation model, and incorporated the following assumptions: 2020 2019 Risk-free interest rate 1.4 % 2.9 % Dividend yield 1.5 % 1.7 % Volatility factor 46.6 % 41.0 % Expected life of award 2.9 years 2.9 years

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 28, 2020
Commitments and Contingencies Disclosure [Abstract]
Product Warranty Liabilities	The following activity related to product warranty liabilities was recorded in Accrued expenses during the three months ended March 28, 2020 and March 30, 2019 : (in millions) March 28, 2020 March 30, 2019 Balance at beginning of period $ 117.6 $ 116.8 Payments - Recurring (11.6 ) (12.8 ) Payments - Sport Yacht and Yachts and Fitness businesses (1.7 ) (4.0 ) Provisions/additions for contracts issued/sold 13.8 15.1 Aggregate changes for preexisting warranties (1.3 ) 0.3 Foreign currency translation (0.8 ) 0.0 Balance at end of period $ 116.0 $ 115.4
Extended Product Warranty Liabilities	The following activity related to deferred revenue for extended product warranty contracts was recorded in Accrued expenses and Other long-term liabilities during the three months ended March 28, 2020 and March 30, 2019 : (in millions) March 28, March 30, Balance at beginning of period $ 75.3 $ 66.4 Extended warranty contracts sold 5.7 5.4 Revenue recognized on existing extended warranty contracts (3.9 ) (3.5 ) Foreign currency translation (0.4 ) 0.0 Other (0.1 ) (0.1 ) Balance at end of period $ 76.6 $ 68.2

Goodwill and Intangibles (Table

Goodwill and Intangibles (Tables)	3 Months Ended
	Mar. 28, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill [Table Text Block]	Changes in the Company's goodwill during the three months ended March 28, 2020 , by segment, are summarized below: (in millions) December 31, Adjustments March 28, Propulsion (A) $ 14.5 $ (0.7 ) $ 13.8 Parts and Accessories (A) 371.9 (0.3 ) 371.6 Boat 28.6 — 28.6 Total $ 415.0 $ (1.0 ) $ 414.0 (A) In the 2019 Form 10-K, goodwill for Propulsion and Parts and Accessories were presented within the Marine Engine segment. Changes in the Company's goodwill during the three months ended March 30, 2019 , by segment, are summarized below: (in millions) December 31, 2018 Adjustments March 30, Propulsion (A) $ 14.6 $ — $ 14.6 Parts and Accessories (A) 360.5 4.5 365.0 Boat 2.2 — 2.2 Total $ 377.3 $ 4.5 $ 381.8 (A) In the 2019 Form 10-K, goodwill for Propulsion and Parts and Accessories were presented within the Marine Engine segment.
Schedule of Other Intangible Assets [Table Text Block]	The Company's intangible assets, included within Other intangibles, net on the Condensed Consolidated Balance Sheets as of March 28, 2020 , December 31, 2019 and March 30, 2019 , are summarized by intangible asset type below: March 28, 2020 December 31, 2019 March 30, 2019 (in millions) Gross Amount Accumulated Amortization Gross Amount Accumulated Amortization Gross Amount Accumulated Amortization Intangible assets: Customer relationships (A) $ 686.6 $ (282.3 ) $ 687.0 $ (274.6 ) $ 675.9 $ (251.2 ) Trade names 165.5 — 165.8 — 152.6 — Other (A) 18.3 (13.1 ) 18.4 (13.1 ) 13.5 (12.7 ) Total $ 870.4 $ (295.4 ) $ 871.2 $ (287.7 ) $ 842.0 $ (263.9 ) (A) The weighted average remaining amortization period for Customer relationships and Other intangibles assets were 13.3 years and 11.7 years, respectively, as of March 28, 2020 . Other intangible assets primarily consist of patents and franchise agreements. Gross amounts and related accumulated amortization amounts include adjustments related to the impact of foreign currency translation. Aggregate amortization expense for intangibles was $8.0 million and $7.9 million for the three months ended March 28, 2020 and March 30, 2019 , respectively. The Company's intangible assets, included within Other intangibles, net on the Condensed Consolidated Balance Sheets as of March 28, 2020 , December 31, 2019 and March 30, 2019 , are summarized by segment below: March 28, 2020 December 31, 2019 March 30, 2019 (in millions) Gross Amount Accumulated Amortization Gross Amount Accumulated Amortization Gross Amount Accumulated Amortization Propulsion $ 1.0 $ (0.5 ) $ 1.0 $ (0.5 ) $ 1.0 $ (0.5 ) Parts and Accessories 616.9 (89.2 ) 617.6 (81.9 ) 617.6 (59.2 ) Boat 252.5 (205.7 ) 252.6 (205.3 ) 223.4 (204.2 ) Total $ 870.4 $ (295.4 ) $ 871.2 $ (287.7 ) $ 842.0 $ (263.9 )

Segment Data (Tables)

Segment Data (Tables)	3 Months Ended
	Mar. 28, 2020
Segment Reporting [Abstract]
Operating Segments	The following table sets forth net sales and operating earnings (loss) for each of the Company's reportable segments for the three months ended March 28, 2020 and March 30, 2019 : Net Sales Operating Earnings (Loss) (in millions) March 28, March 30, March 28, March 30, Propulsion $ 448.6 $ 452.4 $ 61.3 $ 59.9 Parts and Accessories 301.6 313.6 46.2 47.8 Boat 291.5 373.3 5.1 27.0 Corporate/Other — — (9.4 ) (20.6 ) Segment Eliminations (76.2 ) (88.6 ) — — Total $ 965.5 $ 1,050.7 $ 103.2 $ 114.1 The following table sets forth total assets of each of the Company's reportable segments: Total Assets (in millions) March 28, December 31, March 30, Propulsion $ 1,062.6 $ 1,002.8 $ 997.5 Parts and Accessories 1,609.9 1,519.0 1,630.4 Boat (A) 488.8 473.0 434.2 Corporate/Other 743.3 569.6 419.8 Total (B) $ 3,904.6 $ 3,564.4 $ 3,481.9 (A) As of March 28, 2020 , December 31, 2019 and March 30, 2019 , the Company had $3.0 million , $3.0 million and $8.9 million , respectively, of assets classified as held for sale which were not related to discontinued operations. These assets were recorded within Net Property as of March 28, 2020 and December 31, 2019 and recorded within Long term assets held for sale as of March 30, 2019 . (B) As of March 30, 2019 , the Company had $853.0 million of assets classified as held for sale in the Condensed Consolidated Balance Sheets relating to discontinued operations. See Note 3 – Discontinued Operations for further details.

Comprehensive Income (Tables)

Comprehensive Income (Tables)	3 Months Ended
	Mar. 28, 2020
Comprehensive Income [Abstract]
Changes in the Components in Accumulated Other Comprehensive Income (Loss)	Changes in the components of Accumulated other comprehensive loss, all net of tax, for the three months ended March 28, 2020 and March 30, 2019 were as follows: (in millions) March 28, March 30, Net earnings (loss) $ 69.0 $ (36.3 ) Other comprehensive income (loss): Foreign currency cumulative translation adjustment (13.3 ) 0.1 Net change in unamortized prior service credits (0.2 ) (0.1 ) Net change in unamortized actuarial losses 0.4 1.9 Net change in unrealized derivative losses 5.2 (0.9 ) Total other comprehensive income (loss) (7.9 ) 1.0 Comprehensive income (loss) $ 61.1 $ (35.3 ) The following table presents the changes in Accumulated other comprehensive loss by component, all net of tax, for the three months ended March 28, 2020 : (in millions) Foreign currency translation Prior service credits Net actuarial losses Net derivative losses Total Beginning balance $ (37.6 ) $ (3.0 ) $ (7.3 ) $ (5.5 ) $ (53.4 ) Other comprehensive income (loss) before reclassifications (A) (13.3 ) — 0.3 7.1 (5.9 ) Amounts reclassified from Accumulated other comprehensive loss (B) — (0.2 ) 0.1 (1.9 ) (2.0 ) Net other comprehensive income (loss) (13.3 ) (0.2 ) 0.4 5.2 (7.9 ) Ending balance $ (50.9 ) $ (3.2 ) $ (6.9 ) $ (0.3 ) $ (61.3 ) (A) The tax effects for the three months ended March 28, 2020 were $2.8 million for foreign currency translation, $0.0 million for net actuarial losses arising during the period and $(0.9) million for derivatives. (B) See the table below for the tax effects for the three months ended March 28, 2020 . The following table presents the changes in Accumulated other comprehensive loss by component, all net of tax, for the three months ended March 30, 2019 : (in millions) Foreign currency translation Prior service credits Net actuarial losses Net derivative losses Total Beginning balance $ (48.9 ) $ (6.1 ) $ (306.2 ) $ (1.9 ) $ (363.1 ) Other comprehensive income (loss) before reclassifications (A) 0.1 — — 1.0 1.1 Amounts reclassified from Accumulated other comprehensive loss (B) — (0.1 ) 1.9 (1.9 ) (0.1 ) Net other comprehensive income (loss) 0.1 (0.1 ) 1.9 (0.9 ) 1.0 Ending balance $ (48.8 ) $ (6.2 ) $ (304.3 ) $ (2.8 ) $ (362.1 ) (A) The tax effects for the three months ended March 30, 2019 were $0.2 million for foreign currency translation and $(0.5) million for derivatives. (B) See the table below for the tax effects for the three months ended March 30, 2019 .
Reclassification out of Accumulated Other Comprehensive Income (Loss)	The following table presents reclassification adjustments out of Accumulated other comprehensive loss during the three months ended March 28, 2020 and March 30, 2019 : Details about Accumulated other comprehensive income (loss) components (in millions) March 28, March 30, Affected line item in the statement where net income is presented Amortization of defined benefit items: Prior service credits $ 0.2 $ 0.2 Other income (expense), net Net actuarial losses (0.1 ) (2.5 ) Other income (expense), net 0.1 (2.3 ) Earnings before income taxes — 0.5 Income tax provision $ 0.1 $ (1.8 ) Net earnings from continuing operations Amount of gain (loss) reclassified into earnings on derivative contracts: Interest rate contracts $ (0.1 ) $ (0.1 ) Interest expense Foreign exchange contracts 2.7 2.8 Cost of sales 2.6 2.7 Earnings before income taxes (0.7 ) (0.8 ) Income tax provision $ 1.9 $ 1.9 Net earnings from continuing operations

Postretirement Benefits (Tables

Postretirement Benefits (Tables)	3 Months Ended
	Mar. 28, 2020
Retirement Benefits [Abstract]
Schedule of Net Benefit Costs [Table Text Block]	Pension and other postretirement benefit costs included the following components for the three months ended March 28, 2020 and March 30, 2019 : Pension Benefits Other Postretirement Benefits (in millions) March 28, March 30, March 28, March 30, Interest cost $ 0.2 $ 2.6 $ 0.2 $ 0.3 Expected return on plan assets — (3.3 ) — — Amortization of prior service credits — — (0.2 ) (0.2 ) Amortization of net actuarial losses 0.1 2.5 — — Net pension and other benefit costs $ 0.3 $ 1.8 $ — $ 0.1

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 28, 2020
Debt Disclosure [Abstract]
Schedule of Maturities of Long-term Debt [Table Text Block]	Scheduled maturities, net: (in millions) Remainder of 2020 $ 425.3 2021 42.5 2022 36.0 2023 306.1 2024 0.4 Thereafter 684.4 Total debt $ 1,494.7

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 28, 2020	Mar. 30, 2019
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 965.5	$ 1,050.7
Parts and Accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	294.5	304
Boat [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	291.5	373.3
Propulsion [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	379.5	373.4
Outboard Engines [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	353.8	352.3
Outboard Engines [Member] | Parts and Accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Outboard Engines [Member] | Boat [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Outboard Engines [Member] | Propulsion [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	353.8	352.3
Controls, Rigging, and Propellers [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	57.5	53.2
Controls, Rigging, and Propellers [Member] | Parts and Accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Controls, Rigging, and Propellers [Member] | Boat [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Controls, Rigging, and Propellers [Member] | Propulsion [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	57.5	53.2
Sterndrive Engine [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	37.3	46.9
Sterndrive Engine [Member] | Parts and Accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Sterndrive Engine [Member] | Boat [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Sterndrive Engine [Member] | Propulsion [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	37.3	46.9
Distribution [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	121.3	124.2
Distribution [Member] | Parts and Accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	121.3	124.2
Distribution [Member] | Boat [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Distribution [Member] | Propulsion [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Advanced Systems Group [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	103.1	104
Advanced Systems Group [Member] | Parts and Accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	103.1	104
Advanced Systems Group [Member] | Boat [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Advanced Systems Group [Member] | Propulsion [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Engine Parts and Accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	77.2	85.4
Engine Parts and Accessories [Member] | Parts and Accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	77.2	85.4
Engine Parts and Accessories [Member] | Boat [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Engine Parts and Accessories [Member] | Propulsion [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Aluminum Freshwater Boats [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	120.5	166.2
Aluminum Freshwater Boats [Member] | Parts and Accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Aluminum Freshwater Boats [Member] | Boat [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	120.5	166.2
Aluminum Freshwater Boats [Member] | Propulsion [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Recreational Fiberglass Boats [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	101.8	115
Recreational Fiberglass Boats [Member] | Parts and Accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Recreational Fiberglass Boats [Member] | Boat [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	101.8	115
Recreational Fiberglass Boats [Member] | Propulsion [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Saltwater Fishing Boats [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	59.8	90.2
Saltwater Fishing Boats [Member] | Parts and Accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Saltwater Fishing Boats [Member] | Boat [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	59.8	90.2
Saltwater Fishing Boats [Member] | Propulsion [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Business Acceleration [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	9.4	1.9
Business Acceleration [Member] | Parts and Accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Business Acceleration [Member] | Boat [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	9.4	1.9
Business Acceleration [Member] | Propulsion [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Segment Eliminations [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	(76.2)	(88.6)
Segment Eliminations [Member] | Parts and Accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	(7.1)	(9.6)
Segment Eliminations [Member] | Boat [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0
Segment Eliminations [Member] | Propulsion [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	(69.1)	(79)
United States [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	717.3	798.1
United States [Member] | Parts and Accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	210.9	214.4
United States [Member] | Boat [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	215.5	273.9
United States [Member] | Propulsion [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	290.9	309.8
Europe [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	147.5	155.9
Europe [Member] | Parts and Accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	42.8	46.1
Europe [Member] | Boat [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	35.1	36.7
Europe [Member] | Propulsion [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	69.6	73.1
Asia-Pacific [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	79.6	61.5
Asia-Pacific [Member] | Parts and Accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	24.7	24.7
Asia-Pacific [Member] | Boat [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	5.6	5.4
Asia-Pacific [Member] | Propulsion [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	49.3	31.4
Canada [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	59.6	81.3
Canada [Member] | Parts and Accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	13.7	16.4
Canada [Member] | Boat [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	31.8	50
Canada [Member] | Propulsion [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	14.1	14.9
Rest-of-World [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	37.7	42.5
Rest-of-World [Member] | Parts and Accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	9.5	12
Rest-of-World [Member] | Boat [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	3.5	7.3
Rest-of-World [Member] | Propulsion [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 24.7	$ 23.2

Revenue Recognition - Contracts

Revenue Recognition - Contracts with Customer (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 28, 2020	Jan. 01, 2020
Revenue from Contract with Customer [Abstract]
Contract with Customer, Liability	$ 95.5	$ 96.2
Contract with Customer, Liability, Revenue Recognized	$ 13.1

Revenue Recognition - Performan

Revenue Recognition - Performance Obligations (Details) $ in Millions	Mar. 28, 2020USD ($)
Revenue from Contract with Customer [Abstract]
Revenue, Remaining Performance Obligation, Amount	$ 88.8
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-01-01
Revenue from Contract with Customer [Abstract]
Revenue, Remaining Performance Obligation, Amount	$ 19.1
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-01-01
Revenue from Contract with Customer [Abstract]
Revenue, Remaining Performance Obligation, Amount	$ 20.1
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-01-01
Revenue from Contract with Customer [Abstract]
Revenue, Remaining Performance Obligation, Amount	$ 49.6
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($) $ in Millions		May 06, 2019	Mar. 28, 2020		Mar. 30, 2019		Dec. 31, 2019	Jun. 27, 2019
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest [Abstract]
Net Sales			$ 0		$ 225.2
Cost of Sales			0		167.1
Selling, General and Administrative Expense			0.8		56.4	[1]
Research and Development Expense			0		6.2
Restructuring, Exit and Impairment Charges			0		138.3	[2]
Loss from Discontinued Operations Before Income Taxes			(0.8)		(142.8)	[1],[2]
Income Tax Benefit			(0.2)		(30.3)
Loss from Discontinued Operations, Net of Tax			(0.6)		(112.5)	[1],[2]
Loss on Disposal of Discontinued Operations, Net of Tax			(1.1)	[3]	0
Loss from Discontinued Operations, Net of Tax			(1.7)		(112.5)
Loss from Disposal of Discontinued Operations, Pre-Tax			1.5
Tax Benefit of Loss from Disposal of Discontinued Operation			0.4
Disposal Group, Including Discontinued Operation, Classified Balance Sheet Disclosures [Abstract]
Current Assets Held for Sale			0		369.4		$ 0
Long-Term Assets Held for Sale			0		492.5		0
Assets Held for Sale					853
Current Liabilities Held for Sale			0		240.9		0
Long-Term Liabilities Held for Sale			0		119.3		0
Assets Held-for-sale, Not Part of Disposal Group			3		8.9		3
Fitness [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net Cash Proceeds		$ 473.7
Retained Assets			11.1					$ 26.4
Retained Liabilities			30.4					$ 45.1
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest [Abstract]
Loss on Disposal of Discontinued Operations, Net of Tax		$ (43.9)
Goodwill, Impairment Loss					137.2
Goodwill, Impairment Loss, Net of Tax					103
Business Exit Costs					7.8
Disposal Group, Including Discontinued Operation, Classified Balance Sheet Disclosures [Abstract]
Accounts and Notes Receivable, Net					184.5
Net inventory					173.8
Prepaid Expenses and Other					11.1
Current Assets Held for Sale					369.4
Net Property	[4]				107.6
Goodwill					252.3
Other Intangibles, Net					58.6
Other Long-Term Assets					74
Long-Term Assets Held for Sale					492.5
Assets Held for Sale			0		861.9		0
Accounts Payable					52.7
Accrued Expenses					188.2
Current Liabilities Held for Sale					240.9
Other Liabilities					119.3
Long-Term Liabilities Held for Sale					119.3
Liabilities Held for Sale			$ 0		$ 360.2		$ 0
[1]	(A) The Company recorded $7.8 million for the three months ended March 30, 2019 of net costs incurred in connection with the sale of the Fitness business.
[2]	(B) In the first quarter of 2019, the Company re-evaluated the fair value of the Fitness reporting unit and determined the fair value of the business was less than its carrying value. As a result, the Company recorded a $137.2 million ( $103.0 million after tax) goodwill impairment charge for the three months ended March 30, 2019.
[3]	(C) Loss on disposal of discontinued operations, net of tax, for the three months ended March 28, 2020 includes a pre-tax loss of $1.5 million and a tax benefit of $0.4 million .
[4]	(A) As of March 30, 2019 , the Company had $8.9 million of net long-term assets classified as held for sale that were not related to the business reported as discontinued operations.

Acquisitions (Details)

Acquisitions (Details) - USD ($) $ in Millions	May 21, 2019	Mar. 28, 2020	Dec. 31, 2019	Mar. 30, 2019	Dec. 31, 2018
Business Acquisition [Line Items]
Business Combination, Consideration Transferred	$ 64.1
Goodwill		$ 414	$ 415	$ 381.8	$ 377.3
Freedom Boat Club [Member]
Business Acquisition [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired	100.00%
Business Combination, Recognized Identifiable Intangible Assets Acquired, Other than Goodwill	$ 29.2
Goodwill	26.4
Freedom Boat Club [Member] | Trade Names [Member]
Business Acquisition [Line Items]
Trade Names	$ 13.2
Freedom Boat Club [Member] | Customer Relationships [Member]
Business Acquisition [Line Items]
Useful Life	10 years
Customer Relationships	$ 11.1
Freedom Boat Club [Member] | Franchise Agreements [Member]
Business Acquisition [Line Items]
Useful Life	15 years
Customer Relationships	$ 4.9

Restructuring, Exit and Integ_3

Restructuring, Exit and Integration Activities (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 28, 2020	Mar. 30, 2019
Restructuring Cost and Reserve [Line Items]
Total Restructuring, Exit and Impairment Charges		$ 0.4	$ 3.2
Restructuring Reserve [Abstract]
Total Cash Payments for Restructuring, Exit, Integration and Impairment Charges	[1]	3.8	5.2
Accrued Charges at End of the Period	[2]	5.4	12.5
Restructuring and Exit Activities [Member]
Restructuring Cost and Reserve [Line Items]
Employee Termination and Other Benefits		0.4	1.6
Current Asset Write-Downs (Gains on Disposal)		0	0.2
Other		0	0.1
Asset disposition and impairment actions [Member]
Restructuring Cost and Reserve [Line Items]
Definite-Lived and Other Asset Impairments		0	1.3
Boat [Member]
Restructuring Cost and Reserve [Line Items]
Total Restructuring, Exit and Impairment Charges		0	2
Restructuring Reserve [Abstract]
Total Cash Payments for Restructuring, Exit, Integration and Impairment Charges	[1]	2.2	5
Accrued Charges at End of the Period	[2]	3.8	10.8
Boat [Member] | Restructuring and Exit Activities [Member]
Restructuring Cost and Reserve [Line Items]
Employee Termination and Other Benefits		0	0.4
Current Asset Write-Downs (Gains on Disposal)		0	0.2
Other		0	0.1
Boat [Member] | Asset disposition and impairment actions [Member]
Restructuring Cost and Reserve [Line Items]
Definite-Lived and Other Asset Impairments		0	1.3
Corporate Segment [Member]
Restructuring Cost and Reserve [Line Items]
Total Restructuring, Exit and Impairment Charges		0.1	1.2
Restructuring Reserve [Abstract]
Total Cash Payments for Restructuring, Exit, Integration and Impairment Charges	[1]	1	0.2
Accrued Charges at End of the Period	[2]	0.6	1.7
Corporate Segment [Member] | Restructuring and Exit Activities [Member]
Restructuring Cost and Reserve [Line Items]
Employee Termination and Other Benefits		0.1	1.2
Current Asset Write-Downs (Gains on Disposal)		0	0
Other		0	0
Corporate Segment [Member] | Asset disposition and impairment actions [Member]
Restructuring Cost and Reserve [Line Items]
Definite-Lived and Other Asset Impairments		0	$ 0
Parts and Accessories [Member]
Restructuring Cost and Reserve [Line Items]
Total Restructuring, Exit and Impairment Charges		0.3
Restructuring Reserve [Abstract]
Total Cash Payments for Restructuring, Exit, Integration and Impairment Charges	[1]	0.6
Accrued Charges at End of the Period	[2]	1
Parts and Accessories [Member] | Restructuring and Exit Activities [Member]
Restructuring Cost and Reserve [Line Items]
Employee Termination and Other Benefits		0.3
Current Asset Write-Downs (Gains on Disposal)		0
Other		0
Parts and Accessories [Member] | Asset disposition and impairment actions [Member]
Restructuring Cost and Reserve [Line Items]
Definite-Lived and Other Asset Impairments		$ 0
[1]	(A) Cash payments for the three months ended March 28, 2020 and March 30, 2019 may include payments related to prior period charges.
[2]	(B) Restructuring, exit and impairment charges accrued as of March 28, 2020 are expected to be paid primarily during 2020.

Financial Instruments Financi_2

Financial Instruments Financial Instruments (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 28, 2020	Mar. 30, 2019	Dec. 31, 2019
Commodity Contract [Member]
Derivative [Line Items]
Notional Values	$ 1.2	$ 0	$ 0
Cash Flow Hedge Gain (Loss) to be Reclassified Within Twelve Months	(0.1)
Foreign Exchange Forward [Member]
Derivative [Line Items]
Notional Values	281.1	375.6	332.5
Foreign Exchange Option [Member]
Derivative [Line Items]
Notional Values	17.8	0	17.8
Foreign Exchange Contracts [Member]
Derivative [Line Items]
Cash Flow Hedge Gain (Loss) to be Reclassified Within Twelve Months	8.8
Debentures Due 2023 [Member]
Derivative [Line Items]
Amount of Gain (Loss) Estimated to be Reclassified from Accumulated Other Comprehensive Loss to Cost of Sales or Interest Expense			2.5
Interest Rate Cash Flow Hedge Gain (Loss) Reclassified to Earnings, Net			0.7
Interest Rate Swap [Member]
Derivative [Line Items]
Notional Values	0	200	0
Forward-Starting Interest Rate Swap [Member]
Derivative [Line Items]
Cash Flow Hedge Gain (Loss) to be Reclassified Within Twelve Months	(0.6)
Amount of Gain (Loss) Estimated to be Reclassified from Accumulated Other Comprehensive Loss to Cost of Sales or Interest Expense	(1.8)	(2.4)	(2)
Derivatives Designated as Hedging Instruments [Member] | Cash Flow Hedging [Member]
Derivative [Line Items]
Derivative Asset, Fair Value, Gross Asset	9.7	5.9	4.1
Derivative Liability, Fair Value, Gross Liability	3.4	0.2	2.3
Derivatives Designated as Hedging Instruments [Member] | Cash Flow Hedging [Member] | Prepaid Expenses and Other Current Assets [Member] | Commodity Contract [Member]
Derivative [Line Items]
Derivative Asset, Fair Value, Gross Asset	0	0	0
Derivatives Designated as Hedging Instruments [Member] | Cash Flow Hedging [Member] | Prepaid Expenses and Other Current Assets [Member] | Foreign Exchange Contracts [Member]
Derivative [Line Items]
Derivative Asset, Fair Value, Gross Asset	9.7	5.9	4.1
Derivatives Designated as Hedging Instruments [Member] | Cash Flow Hedging [Member] | Accrued Expenses [Member] | Commodity Contract [Member]
Derivative [Line Items]
Derivative Liability, Fair Value, Gross Liability	0.1	0	0
Derivatives Designated as Hedging Instruments [Member] | Cash Flow Hedging [Member] | Accrued Expenses [Member] | Foreign Exchange Contracts [Member]
Derivative [Line Items]
Derivative Liability, Fair Value, Gross Liability	3.3	0.2	2.3
Other Hedging Activity [Member] | Prepaid Expenses and Other Current Assets [Member] | Foreign Exchange Contracts [Member]
Derivative [Line Items]
Derivative Asset, Fair Value, Gross Asset	2.6	1	0.1
Other Hedging Activity [Member] | Accrued Expenses [Member] | Foreign Exchange Contracts [Member]
Derivative [Line Items]
Derivative Liability, Fair Value, Gross Liability	$ 0.2	$ 0	$ 0.9

Financial Instruments, Fair Val

Financial Instruments, Fair Values of Derivative Instruments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 28, 2020	Mar. 30, 2019	Dec. 31, 2019
Other Hedging Activity [Member]
Derivatives, Fair Value [Line Items]
Derivative, Gain (Loss) on Derivative, Net	$ 5.9	$ 1.5
Foreign Exchange Contracts [Member] | Prepaid Expenses and Other Current Assets [Member] | Other Hedging Activity [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	2.6	1	$ 0.1
Foreign Exchange Contracts [Member] | Accrued Expenses [Member] | Other Hedging Activity [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability	0.2	0	0.9
Cash Flow Hedging [Member] | Derivatives Designated as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	9.4	1.5
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	2.6	2.7
Derivative Asset, Fair Value, Gross Asset	9.7	5.9	4.1
Derivative Liability, Fair Value, Gross Liability	3.4	0.2	2.3
Cash Flow Hedging [Member] | Interest Rate Contracts [Member] | Derivatives Designated as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	0	0
Cash Flow Hedging [Member] | Foreign Exchange Contracts [Member] | Derivatives Designated as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	9.5	1.5
Cash Flow Hedging [Member] | Foreign Exchange Contracts [Member] | Prepaid Expenses and Other Current Assets [Member] | Derivatives Designated as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	9.7	5.9	4.1
Cash Flow Hedging [Member] | Foreign Exchange Contracts [Member] | Accrued Expenses [Member] | Derivatives Designated as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability	3.3	0.2	2.3
Cash Flow Hedging [Member] | Commodity Contract [Member] | Derivatives Designated as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	(0.1)	0
Cash Flow Hedging [Member] | Commodity Contract [Member] | Prepaid Expenses and Other Current Assets [Member] | Derivatives Designated as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	0	0	0
Cash Flow Hedging [Member] | Commodity Contract [Member] | Accrued Expenses [Member] | Derivatives Designated as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability	0.1	0	0
Fair Value Hedging [Member] | Derivatives Designated as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	0	0.9	0
Derivative Liability, Fair Value, Gross Liability	0	0.6	0
Fair Value Hedging [Member] | Interest Rate Contracts [Member] | Prepaid Expenses and Other Current Assets [Member] | Derivatives Designated as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	0	0	0
Fair Value Hedging [Member] | Interest Rate Contracts [Member] | Accrued Expenses [Member] | Derivatives Designated as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability	0	0.2	0
Fair Value Hedging [Member] | Interest Rate Contracts [Member] | Other Long-Term Assets [Member] | Derivatives Designated as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	0	0.9	0
Fair Value Hedging [Member] | Interest Rate Contracts [Member] | Other Long-Term Liabilities [Member] | Derivatives Designated as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability	0	0.4	$ 0
Cost of Sales [Member] | Foreign Exchange Contracts [Member] | Other Hedging Activity [Member]
Derivatives, Fair Value [Line Items]
Derivative, Gain (Loss) on Derivative, Net	4.8	1.5
Cost of Sales [Member] | Cash Flow Hedging [Member] | Foreign Exchange Contracts [Member] | Derivatives Designated as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	2.7	2.8
Cost of Sales [Member] | Cash Flow Hedging [Member] | Commodity Contract [Member] | Derivatives Designated as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	$ 0	$ 0

Financial Instruments, Condense

Financial Instruments, Condensed Consolidated Statements of Comprehensive Income, Effect of Derivative Instruments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 28, 2020	Mar. 30, 2019
Other Hedging Activity [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Gain (Loss) on Derivative, Net	$ 5.9	$ 1.5
Foreign Exchange Contracts [Member] | Cost of Sales [Member] | Other Hedging Activity [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Gain (Loss) on Derivative, Net	4.8	1.5
Foreign Exchange Contracts [Member] | Other Income (Expense), Net | Other Hedging Activity [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Gain (Loss) on Derivative, Net	1.1	0
Cash Flow Hedging [Member] | Derivatives Designated as Hedging Instruments [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	9.4	1.5
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	2.6	2.7
Cash Flow Hedging [Member] | Interest Rate Contracts [Member] | Derivatives Designated as Hedging Instruments [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	0	0
Cash Flow Hedging [Member] | Interest Rate Contracts [Member] | Interest Expense [Member] | Derivatives Designated as Hedging Instruments [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(0.1)	(0.1)
Cash Flow Hedging [Member] | Foreign Exchange Contracts [Member] | Derivatives Designated as Hedging Instruments [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	9.5	1.5
Cash Flow Hedging [Member] | Foreign Exchange Contracts [Member] | Cost of Sales [Member] | Derivatives Designated as Hedging Instruments [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	2.7	2.8
Fair Value Hedging [Member] | Interest Rate Contracts [Member] | Interest Expense [Member] | Derivatives Designated as Hedging Instruments [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Gain (Loss) on Derivative, Net	$ 0.2	$ (0.1)

Financial Instruments, Fair V_2

Financial Instruments, Fair Value of Other Financial Instruments (Details) - USD ($) $ in Millions	Mar. 28, 2020	Dec. 31, 2019	Mar. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair Value of the Company's Long-Term Debt Including Current Maturities	$ 1,503	$ 1,214.6	$ 1,363
Long-Term Debt	$ 1,516.6	$ 1,131.6	$ 1,310.1

Fair Value Measurements (Detail

Fair Value Measurements (Details) - Fair Value, Recurring [Member] - USD ($) $ in Millions	Mar. 28, 2020	Dec. 31, 2019	Mar. 30, 2019
Assets:
Cash Equivalents	$ 0.2	$ 0.3	$ 0.2
Short-Term Investments in Marketable Securities	0.8	0.8	0.8
Restricted Cash	11.6	11.6	9.1
Derivative Asset, Fair Value, Gross Asset	12.3	4.2	7.8
Total Assets	24.9	16.9	17.9
Liabilities:
Derivative Liability, Fair Value, Gross Liability	3.6	3.2	0.8
Deferred Compensation	15.1	20	26
Total Liabilities at Fair Value	18.7	23.2	26.8
Liabilities Measured at Net Asset Value	7.5	8.5	10.2
Total Liabilities	26.2	31.7	37
Level 1 [Member]
Assets:
Cash Equivalents	0.2	0.3	0.2
Short-Term Investments in Marketable Securities	0.8	0.8	0.8
Restricted Cash	11.6	11.6	9.1
Derivative Asset, Fair Value, Gross Asset	0	0	0
Total Assets	12.6	12.7	10.1
Liabilities:
Derivative Liability, Fair Value, Gross Liability	0	0	0
Deferred Compensation	0.5	1.2	3.8
Total Liabilities at Fair Value	0.5	1.2	3.8
Level 2 [Member]
Assets:
Cash Equivalents	0	0	0
Short-Term Investments in Marketable Securities	0	0	0
Restricted Cash	0	0	0
Derivative Asset, Fair Value, Gross Asset	12.3	4.2	7.8
Total Assets	12.3	4.2	7.8
Liabilities:
Derivative Liability, Fair Value, Gross Liability	3.6	3.2	0.8
Deferred Compensation	14.6	18.8	22.2
Total Liabilities at Fair Value	$ 18.2	$ 22	$ 23

Share-Based Compensation (Detai

Share-Based Compensation (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 28, 2020	Mar. 30, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares Available for Grant (in Shares)	4,800,000
Percentage of Premium Paid Out in Deferred Company Common Stock	20.00%
Non-Vested Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Performance Shares Granted (in Shares)	200,000	300,000
Share-Based Compensation Expense	$ 2	$ 2.1
Unrecognized Compensation Cost	$ 22.7
Unrecognized Compensation Cost, Period for Recognition	1 year 9 months 18 days
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-Based Compensation Expense	$ 2.1	$ 0.7
Unrecognized Compensation Cost	$ 8.4
Unrecognized Compensation Cost, Period for Recognition	1 year 6 months
Certain Senior Executives [Member] | Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Performance Shares Granted (in Shares)	100,000	100,000
Weighted Average Price at Grant Date (in Dollars per Share)	$ 64.72	$ 49.64
Risk-Free Interest Rate	1.40%	2.90%
Dividend Yield	1.50%	1.70%
Volatility Factor	46.60%	41.00%
Expected Life of Award	2 years 10 months 24 days	2 years 10 months 24 days
Certain Officers and Certain Senior Managers [Member] | Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Performance Shares Granted (in Shares)	26,750	24,605
Weighted Average Price at Grant Date (in Dollars per Share)	$ 61.91	$ 47.61

Commitments and Contingencies_2

Commitments and Contingencies (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 28, 2020	Mar. 30, 2019
Activity Related to Product Warranty Liabilities [Roll Forward]
Balance at Beginning of Period	$ 117.6	$ 116.8
Payments Made	(11.6)	(12.8)
Provisions/Additions for Contracts Issued/Sold	13.8	15.1
Aggregate Changes for Preexisting Warranties	(1.3)	0.3
Foreign Currency Translation	(0.8)	0
Balance at End of Period	116	115.4
Activity Related to Extended Product Warranty Accrual [Roll Forward]
Balance at Beginning of Period	75.3	66.4
Extended Warranty Contracts Sold	5.7	5.4
Revenue Recognized on Existing Extended Warranty Contracts	(3.9)	(3.5)
Foreign Currency Translation	(0.4)	0
Other	(0.1)	(0.1)
Balance at End of Period	76.6	68.2
Discontinued Operations [Member]
Activity Related to Product Warranty Liabilities [Roll Forward]
Payments Made	$ (1.7)	$ (4)

Goodwill and Intangibles Goodwi

Goodwill and Intangibles Goodwill (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 28, 2020	Mar. 30, 2019	Dec. 31, 2019
Goodwill [Roll Forward]
Goodwill, Beginning Balance	$ 415	$ 377.3
Goodwill, Other Increase (Decrease)	(1)	4.5
Goodwill, Ending Balance	414	381.8
Goodwill, Impaired, Accumulated Impairment Loss	0	0	$ 0
Propulsion [Member]
Goodwill [Roll Forward]
Goodwill, Beginning Balance	14.5	14.6
Goodwill, Other Increase (Decrease)	(0.7)	0
Goodwill, Ending Balance	13.8	14.6
Parts and Accessories [Member]
Goodwill [Roll Forward]
Goodwill, Beginning Balance	371.9	360.5
Goodwill, Other Increase (Decrease)	(0.3)	4.5
Goodwill, Ending Balance	371.6	365
Boat [Member]
Goodwill [Roll Forward]
Goodwill, Beginning Balance	28.6	2.2
Goodwill, Other Increase (Decrease)	0	0
Goodwill, Ending Balance	$ 28.6	$ 2.2
Customer Relationships [Member]
Goodwill [Roll Forward]
Finite-Lived Intangible Asset, Weighted Average Remaining Useful Life	13 years 3 months 18 days
Other Intangible Assets [Member]
Goodwill [Roll Forward]
Finite-Lived Intangible Asset, Weighted Average Remaining Useful Life	11 years 8 months 12 days

Goodwill and Intangibles Finite

Goodwill and Intangibles Finite-Lived Intangibles (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 28, 2020		Mar. 30, 2019	Dec. 31, 2019	Dec. 31, 2018
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 414		$ 381.8	$ 415	$ 377.3
Goodwill, Other Increase (Decrease)	(1)		4.5
Gross Amount	870.4		842	871.2
Accumulated Amortization	(295.4)		(263.9)	(287.7)
Amortization Expense for Intangibles	8		7.9
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Amount	165.5		152.6	165.8
Accumulated Amortization	0		0	0
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Amount	686.6	[1]	675.9	687
Accumulated Amortization	(282.3)	[1]	(251.2)	(274.6)
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Amount	18.3	[1]	13.5	18.4
Accumulated Amortization	(13.1)	[1]	(12.7)	(13.1)
Propulsion [Member]
Finite-Lived Intangible Assets [Line Items]
Goodwill	13.8		14.6	14.5	14.6
Goodwill, Other Increase (Decrease)	(0.7)		0
Gross Amount	1		1	1
Accumulated Amortization	(0.5)		(0.5)	(0.5)
Parts and Accessories [Member]
Finite-Lived Intangible Assets [Line Items]
Goodwill	371.6		365	371.9	360.5
Goodwill, Other Increase (Decrease)	(0.3)		4.5
Gross Amount	616.9		617.6	617.6
Accumulated Amortization	(89.2)		(59.2)	(81.9)
Boat [Member]
Finite-Lived Intangible Assets [Line Items]
Goodwill	28.6		2.2	28.6	$ 2.2
Goodwill, Other Increase (Decrease)	0		0
Gross Amount	252.5		223.4	252.6
Accumulated Amortization	$ (205.7)		$ (204.2)	$ (205.3)
[1]	(A) The weighted average remaining amortization period for Customer relationships and Other intangibles assets were 13.3 years and 11.7 years, respectively, as of March 28, 2020 .

Segment Data (Details)

Segment Data (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 28, 2020	Mar. 30, 2019		Dec. 31, 2019
Segment Reporting Information [Line Items]
Net Sales		$ 965.5	$ 1,050.7
Operating Income (Loss)		103.2	114.1
Total Assets		3,904.6	4,334.9		$ 3,564.4
Assets Held-For-Sale		3	8.9		3
Disposal Group, Including Discontinued Operation, Assets			853
Segment Eliminations [Member]
Segment Reporting Information [Line Items]
Net Sales		(76.2)	(88.6)
Operating Income (Loss)		0	0
Propulsion [Member]
Segment Reporting Information [Line Items]
Net Sales		448.6	452.4
Operating Income (Loss)		61.3	59.9
Total Assets		1,062.6	997.5		1,002.8
Parts and Accessories [Member]
Segment Reporting Information [Line Items]
Net Sales		301.6	313.6
Operating Income (Loss)		46.2	47.8
Total Assets		1,609.9	1,630.4		1,519
Boat [Member]
Segment Reporting Information [Line Items]
Net Sales		291.5	373.3
Operating Income (Loss)		5.1	27
Total Assets	[1]	488.8	434.2		473
Corporate/Other [Member]
Segment Reporting Information [Line Items]
Net Sales		0	0
Operating Income (Loss)		(9.4)	(20.6)
Total Assets		743.3	419.8		569.6
Total - Segment [Member]
Segment Reporting Information [Line Items]
Net Sales		965.5	1,050.7
Operating Income (Loss)		103.2	114.1
Total Assets		$ 3,904.6	$ 3,481.9	[2]	$ 3,564.4
[1]	(A) As of March 28, 2020 , December 31, 2019 and March 30, 2019 , the Company had $3.0 million , $3.0 million and $8.9 million , respectively, of assets classified as held for sale which were not related to discontinued operations. These assets were recorded within Net Property as of March 28, 2020 and December 31, 2019 and recorded within Long term assets held for sale as of March 30, 2019 .
[2]	(B) As of March 30, 2019 , the Company had $853.0 million of assets classified as held for sale in the Condensed Consolidated Balance Sheets relating to discontinued operations. See Note 3 – Discontinued Operations for further details.

Comprehensive Income (Details)

Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 28, 2020	Mar. 30, 2019
Comprehensive Income [Abstract]
Net Earnings (Loss)	$ 69	$ (36.3)
Foreign Currency Cumulative Translation Adjustment	(13.3)	0.1
Net Change in Unamortized Prior Service Credits	(0.2)	(0.1)
Net Change in Unamortized Actuarial Losses	0.4	1.9
Net Change in Unrealized Derivative Losses	5.2	(0.9)
Total Other Comprehensive Income (Loss)	(7.9)	1
Comprehensive Income (loss)	61.1	(35.3)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated Other Comprehensive Loss, Net of Tax, Beginning Balance	(53.4)	(363.1)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]
Other Comprehensive Income (Loss) Before Reclassifications	(5.9)	1.1
Amounts Reclassified from Accumulated Other Comprehensive Loss	(2)	(0.1)
Net Other Comprehensive Income (Loss)	(7.9)	1
Accumulated Other Comprehensive Loss, Net of Tax, Ending Balance	(61.3)	(362.1)
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent [Abstract]
Foreign Currency Translation Adjustments Arising During Period, Tax Effect	2.8	0.2
Net Actuarial Gains (Losses) Arising During Period, Tax Effect	0
Gains (Losses) on Derivatives Arising During Period, Tax Effect	(0.9)	(0.5)
Foreign Currency Translation
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated Other Comprehensive Loss, Net of Tax, Beginning Balance	(37.6)	(48.9)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]
Other Comprehensive Income (Loss) Before Reclassifications	(13.3)	0.1
Amounts Reclassified from Accumulated Other Comprehensive Loss	0	0
Net Other Comprehensive Income (Loss)	(13.3)	0.1
Accumulated Other Comprehensive Loss, Net of Tax, Ending Balance	(50.9)	(48.8)
Prior Service Credits
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated Other Comprehensive Loss, Net of Tax, Beginning Balance	(3)	(6.1)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]
Other Comprehensive Income (Loss) Before Reclassifications	0	0
Amounts Reclassified from Accumulated Other Comprehensive Loss	(0.2)	(0.1)
Net Other Comprehensive Income (Loss)	(0.2)	(0.1)
Accumulated Other Comprehensive Loss, Net of Tax, Ending Balance	(3.2)	(6.2)
Net Actuarial Losses
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated Other Comprehensive Loss, Net of Tax, Beginning Balance	(7.3)	(306.2)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]
Other Comprehensive Income (Loss) Before Reclassifications	0.3	0
Amounts Reclassified from Accumulated Other Comprehensive Loss	0.1	1.9
Net Other Comprehensive Income (Loss)	0.4	1.9
Accumulated Other Comprehensive Loss, Net of Tax, Ending Balance	(6.9)	(304.3)
Net Derivative Losses
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated Other Comprehensive Loss, Net of Tax, Beginning Balance	(5.5)	(1.9)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]
Other Comprehensive Income (Loss) Before Reclassifications	7.1	1
Amounts Reclassified from Accumulated Other Comprehensive Loss	(1.9)	(1.9)
Net Other Comprehensive Income (Loss)	5.2	(0.9)
Accumulated Other Comprehensive Loss, Net of Tax, Ending Balance	$ (0.3)	$ (2.8)

Comprehensive Income, Reclassif

Comprehensive Income, Reclassification out of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 28, 2020		Mar. 30, 2019	Dec. 31, 2019	Dec. 31, 2018
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Loss on Disposal of Discontinued Operations, Net of Tax	$ (1.1)	[1]	$ 0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	89.1		95
Income Tax Expense (Benefit)	(18.4)		(18.8)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent	70.7		76.2
Accumulated Other Comprehensive Income (Loss), Net of Tax	(61.3)		(362.1)	$ (53.4)	$ (363.1)
Prior Service Credits	0.2		0.2
Net Actuarial Losses	(0.1)		(2.5)
Defined Benefit Items, Earnings Before Income Taxes	0.1		(2.3)
Defined Benefit Items, Income Tax Provision	0	[2]	0.5
Defined Benefit Items, Net Earnings From Continuing Operations	0.1	[2]	(1.8)
Derivatives, Earnings Before Income Taxes	2.6		2.7
Derivatives, Income Tax Provision	(0.7)		(0.8)
Derivatives, Net Earnings From Continuing Operations	1.9		1.9
Interest Expense [Member] | Interest Rate Contract [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Derivatives, Earnings Before Income Taxes	(0.1)		(0.1)
Cost of Sales [Member] | Foreign Exchange Contracts [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Derivatives, Earnings Before Income Taxes	2.7		2.8
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	(50.9)		(48.8)	(37.6)	(48.9)
Accumulated Defined Benefit Plans Adjustment, Net Prior Service Attributable to Parent [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	(3.2)		(6.2)	(3)	(6.1)
Accumulated Defined Benefit Plans Adjustment, Net Gain (Loss) Attributable to Parent [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	(6.9)		(304.3)	(7.3)	(306.2)
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	$ (0.3)		$ (2.8)	$ (5.5)	$ (1.9)
[1]	(C) Loss on disposal of discontinued operations, net of tax, for the three months ended March 28, 2020 includes a pre-tax loss of $1.5 million and a tax benefit of $0.4 million .
[2]	Text selection found with no content.

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 28, 2020	Mar. 30, 2019	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Income Tax Provision From Continuing Operations	$ 18.4	$ 18.8
Effective Income Tax Rate Reconciliation, Other Reconciling Items, Amount	0.8	2.8
Proceeds and Excess Tax Benefit from Share-based Compensation	$ 0.5	$ 1.2
Effective Tax Rate From Continuing Operations	20.70%	19.80%
Deferred Tax Liability Not Recognized, Amount of Unrecognized Deferred Tax Liability, Undistributed Earnings of Foreign Subsidiaries	$ 0	$ 0	$ 0
Gross Unrecognized Tax Benefits, Including Interest	4.3	$ 2.7	$ 3.9
Possible Decrease in Unrecognized Tax Benefits in the Next 12 Months	$ 0.7

Postretirement Benefits (Detail

Postretirement Benefits (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 28, 2020	Mar. 30, 2019
Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Interest Cost	$ 0.2	$ 2.6
Expected Return on Plan Assets	0	(3.3)
Amortization of Prior Service Credits	0	0
Amortization of Net Actuarial Losses	0.1	2.5
Net Pension and Other Benefit Costs	0.3	1.8
Other Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Interest Cost	0.2	0.3
Expected Return on Plan Assets	0	0
Amortization of Prior Service Credits	(0.2)	(0.2)
Amortization of Net Actuarial Losses	0	0
Net Pension and Other Benefit Costs	$ 0	$ 0.1

Debt (Details)

Debt (Details) - USD ($) $ in Millions	Mar. 04, 2019	Mar. 28, 2020	Mar. 30, 2019	Jul. 03, 2019
Debt Instrument [Line Items]
Remainder of 2020		$ 425.3
2020		42.5
2021		36
2022		306.1
2023		0.4
Thereafter		684.4
Long-term Debt		1,494.7
Line of Credit Facility, Maximum Borrowing Capacity		400
Proceeds from Issuance of Commercial Paper		100
Proceeds from (Repayments of) Commercial Paper		(100)
Line of Credit [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Increase (Decrease), Other, Net		100
Proceeds from Lines of Credit		385	$ 215
Repayments of Lines of Credit			$ 215
Line of Credit Facility, Remaining Borrowing Capacity		2.9
Letters of Credit Outstanding, Amount		12.1
Line of Credit Facility, Maximum Amount Utilized		397.1
Commercial Paper [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 300
6.625% Senior Notes due 2049 [Member]
Debt Instrument [Line Items]
Debt Instrument, Redemption Price, Triggering Event		101.00%
Unsecured Debt [Member] | Senior Notes Due 2021 [Member]
Debt Instrument [Line Items]
Senior Notes				$ 150
Interest Rate				4.625%
Unsecured Debt [Member] | Senior Notes Due 2049 [Member]
Debt Instrument [Line Items]
Interest Rate	6.375%
Debt Instrument, Face Amount	$ 230
Debt Instrument, Maturity Date	Apr. 15, 2049
Proceeds from Issuance of Debt	$ 222
Debt Instrument, Redemption Price, Percentage	100.00%