Company Quick10K Filing
British Cambridge
Price51.00 EPS-2
Shares86 P/E-29
MCap4,412 P/FCF20
Net Debt773 EBIT-32
TEV5,185 TEV/EBIT-164
TTM 2019-09-28, in MM, except price, ratios
10-Q 2020-09-26 Filed 2020-11-04
10-Q 2020-06-27 Filed 2020-08-04
10-Q 2020-03-28 Filed 2020-05-07
10-K 2019-12-31 Filed 2020-02-18
10-Q 2019-09-28 Filed 2019-10-30
10-Q 2019-06-29 Filed 2019-08-02
10-Q 2019-03-30 Filed 2019-05-01
10-K 2018-12-31 Filed 2019-02-19
10-Q 2018-09-29 Filed 2018-10-31
10-Q 2018-06-30 Filed 2018-08-01
10-Q 2018-03-31 Filed 2018-05-03
10-K 2017-12-31 Filed 2018-02-20
10-Q 2017-09-30 Filed 2017-11-01
10-Q 2017-07-01 Filed 2017-08-02
10-Q 2017-04-01 Filed 2017-05-04
10-K 2016-12-31 Filed 2017-02-17
10-Q 2016-10-01 Filed 2016-11-02
10-Q 2016-07-02 Filed 2016-08-03
10-Q 2016-04-02 Filed 2016-05-05
10-K 2015-12-31 Filed 2016-02-17
10-Q 2015-10-03 Filed 2015-11-04
10-Q 2015-07-04 Filed 2015-08-05
10-Q 2015-04-04 Filed 2015-05-07
10-K 2014-12-31 Filed 2015-02-20
10-Q 2014-09-27 Filed 2014-10-31
10-Q 2014-06-28 Filed 2014-07-31
10-Q 2014-03-29 Filed 2014-04-30
10-K 2013-12-31 Filed 2014-02-14
10-Q 2013-09-28 Filed 2013-10-31
10-Q 2013-06-29 Filed 2013-07-31
10-Q 2013-03-30 Filed 2013-05-01
10-K 2012-12-31 Filed 2013-02-21
10-Q 2012-09-29 Filed 2012-11-02
10-Q 2012-06-30 Filed 2012-08-03
10-Q 2012-03-31 Filed 2012-05-04
10-K 2011-12-31 Filed 2012-02-23
10-Q 2011-10-01 Filed 2011-11-07
10-Q 2011-07-02 Filed 2011-08-09
10-Q 2011-04-02 Filed 2011-05-06
10-K 2010-12-31 Filed 2011-02-18
10-Q 2010-10-02 Filed 2010-11-05
10-Q 2010-07-03 Filed 2010-08-06
10-Q 2010-04-03 Filed 2010-05-07
10-K 2009-12-31 Filed 2010-02-23
8-K 2020-10-29
8-K 2020-10-26
8-K 2020-10-20
8-K 2020-09-11
8-K 2020-07-30
8-K 2020-06-17
8-K 2020-04-30
8-K 2020-03-23
8-K 2020-03-20
8-K 2020-01-30
8-K 2019-12-19
8-K 2019-11-12
8-K 2019-10-24
8-K 2019-07-25
8-K 2019-06-27
8-K 2019-05-13
8-K 2019-05-06
8-K 2019-05-05
8-K 2019-04-25
8-K 2019-04-04
8-K 2019-03-15
8-K 2019-03-04
8-K 2019-01-31
8-K 2018-12-18
8-K 2018-12-07
8-K 2018-12-07
8-K 2018-12-03
8-K 2018-10-25
8-K 2018-10-25
8-K 2018-10-16
8-K 2018-10-03
8-K 2018-09-26
8-K 2018-08-07
8-K 2018-07-26
8-K 2018-07-19
8-K 2018-07-18
8-K 2018-06-28
8-K 2018-06-26
8-K 2018-04-26
8-K 2018-03-01
8-K 2018-02-01

BC 10Q Quarterly Report

Part I - Financial Information
Item 1. Condensed Consolidated Financial Statements
Note 1 - Significant Accounting Policies
Note 2 - Revenue Recognition
Note 4 - Restructuring, Exit and Impairment Activities
Note 5 - Acquisitions
Note 6 - Financial Instruments
Note 7 - Fair Value Measurements
Note 8 - Share - Based Compensation
Note 9 - Commitments and Contingencies
Note 10 - Goodwill and Other Intangibles
Note 11 - Segment Data
Note 12 - Comprehensive Income
Note 13 - Income Taxes
Note 14 - Postretirement Benefits
Note 15 - Debt
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations
Item 3. Quantitative and Qualitative Disclosures About Market Risk
Item 4. Controls and Procedures
Part II - Other Information
Item 1A. Risk Factors
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Item 6. Exhibits
EX-31.1 bc20200926ex311.htm
EX-31.2 bc20200926ex312.htm
EX-32.1 bc20200926ex321.htm
EX-32.2 bc20200926ex322.htm

British Cambridge Earnings 2020-09-26

Balance SheetIncome StatementCash Flow
4.43.52.61.80.90.02012201420172020
Assets, Equity
1.51.10.80.40.1-0.32012201420172020
Rev, G Profit, Net Income
0.80.40.1-0.3-0.6-1.02012201420172020
Ops, Inv, Fin

bcorp-20200926
000001493012/3178,342,6062020Q3false1110150.00P1Y4M24DP2Y10M24DP2Y10M24DP1Y0M0D79.485.079.885.0P12Y4M24DP11Y2M12D3.03.00004/15/204900175.0Subsequent Events00000149302020-01-012020-09-260000014930exch:XCHIus-gaap:CommonStockMember2020-01-012020-09-260000014930exch:XNYSus-gaap:CommonStockMember2020-01-012020-09-260000014930exch:XNYSbcorp:A6.500SeniorNotesdue2048Member2020-01-012020-09-260000014930exch:XNYSbcorp:A6.625SeniorNotesdue2049Member2020-01-012020-09-260000014930bcorp:A6.375SeniorNotesdue2049Memberexch:XNYS2020-01-012020-09-26xbrli:shares00000149302020-11-02iso4217:USD00000149302020-06-282020-09-2600000149302019-06-302019-09-2800000149302019-01-012019-09-28iso4217:USDxbrli:shares00000149302020-09-2600000149302019-12-3100000149302019-09-2800000149302018-12-310000014930us-gaap:CommonStockMember2019-12-310000014930us-gaap:AdditionalPaidInCapitalMember2019-12-310000014930us-gaap:RetainedEarningsMember2019-12-310000014930us-gaap:TreasuryStockMember2019-12-310000014930us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-12-310000014930us-gaap:CommonStockMember2020-01-012020-03-280000014930us-gaap:AdditionalPaidInCapitalMember2020-01-012020-03-280000014930us-gaap:RetainedEarningsMember2020-01-012020-03-280000014930us-gaap:TreasuryStockMember2020-01-012020-03-280000014930us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-01-012020-03-2800000149302020-01-012020-03-280000014930us-gaap:CommonStockMember2020-03-280000014930us-gaap:AdditionalPaidInCapitalMember2020-03-280000014930us-gaap:RetainedEarningsMember2020-03-280000014930us-gaap:TreasuryStockMember2020-03-280000014930us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-03-2800000149302020-03-280000014930us-gaap:CommonStockMember2020-03-292020-06-270000014930us-gaap:AdditionalPaidInCapitalMember2020-03-292020-06-270000014930us-gaap:RetainedEarningsMember2020-03-292020-06-270000014930us-gaap:TreasuryStockMember2020-03-292020-06-270000014930us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-03-292020-06-2700000149302020-03-292020-06-270000014930us-gaap:CommonStockMember2020-06-270000014930us-gaap:AdditionalPaidInCapitalMember2020-06-270000014930us-gaap:RetainedEarningsMember2020-06-270000014930us-gaap:TreasuryStockMember2020-06-270000014930us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-06-2700000149302020-06-270000014930us-gaap:CommonStockMember2020-06-282020-09-260000014930us-gaap:AdditionalPaidInCapitalMember2020-06-282020-09-260000014930us-gaap:RetainedEarningsMember2020-06-282020-09-260000014930us-gaap:TreasuryStockMember2020-06-282020-09-260000014930us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-06-282020-09-260000014930us-gaap:CommonStockMember2020-09-260000014930us-gaap:AdditionalPaidInCapitalMember2020-09-260000014930us-gaap:RetainedEarningsMember2020-09-260000014930us-gaap:TreasuryStockMember2020-09-260000014930us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-09-260000014930us-gaap:CommonStockMember2018-12-310000014930us-gaap:AdditionalPaidInCapitalMember2018-12-310000014930us-gaap:RetainedEarningsMember2018-12-310000014930us-gaap:TreasuryStockMember2018-12-310000014930us-gaap:AccumulatedOtherComprehensiveIncomeMember2018-12-310000014930us-gaap:CommonStockMember2019-01-012019-03-300000014930us-gaap:AdditionalPaidInCapitalMember2019-01-012019-03-300000014930us-gaap:RetainedEarningsMember2019-01-012019-03-300000014930us-gaap:TreasuryStockMember2019-01-012019-03-300000014930us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-01-012019-03-3000000149302019-01-012019-03-300000014930us-gaap:CommonStockMember2019-03-300000014930us-gaap:AdditionalPaidInCapitalMember2019-03-300000014930us-gaap:RetainedEarningsMember2019-03-300000014930us-gaap:TreasuryStockMember2019-03-300000014930us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-03-3000000149302019-03-300000014930us-gaap:CommonStockMember2019-03-312019-06-290000014930us-gaap:AdditionalPaidInCapitalMember2019-03-312019-06-290000014930us-gaap:RetainedEarningsMember2019-03-312019-06-290000014930us-gaap:TreasuryStockMember2019-03-312019-06-290000014930us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-03-312019-06-2900000149302019-03-312019-06-290000014930us-gaap:CommonStockMember2019-06-290000014930us-gaap:AdditionalPaidInCapitalMember2019-06-290000014930us-gaap:RetainedEarningsMember2019-06-290000014930us-gaap:TreasuryStockMember2019-06-290000014930us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-06-2900000149302019-06-290000014930us-gaap:CommonStockMember2019-06-302019-09-280000014930us-gaap:AdditionalPaidInCapitalMember2019-06-302019-09-280000014930us-gaap:RetainedEarningsMember2019-06-302019-09-280000014930us-gaap:TreasuryStockMember2019-06-302019-09-280000014930us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-06-302019-09-280000014930us-gaap:CommonStockMember2019-09-280000014930us-gaap:AdditionalPaidInCapitalMember2019-09-280000014930us-gaap:RetainedEarningsMember2019-09-280000014930us-gaap:TreasuryStockMember2019-09-280000014930us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-09-280000014930country:USbcorp:PropulsionMember2020-06-282020-09-260000014930country:USbcorp:PartsandAccessoriesMember2020-06-282020-09-260000014930country:USbcorp:BoatMember2020-06-282020-09-260000014930country:US2020-06-282020-09-260000014930srt:EuropeMemberbcorp:PropulsionMember2020-06-282020-09-260000014930srt:EuropeMemberbcorp:PartsandAccessoriesMember2020-06-282020-09-260000014930srt:EuropeMemberbcorp:BoatMember2020-06-282020-09-260000014930srt:EuropeMember2020-06-282020-09-260000014930bcorp:PropulsionMembersrt:AsiaPacificMember2020-06-282020-09-260000014930srt:AsiaPacificMemberbcorp:PartsandAccessoriesMember2020-06-282020-09-260000014930srt:AsiaPacificMemberbcorp:BoatMember2020-06-282020-09-260000014930srt:AsiaPacificMember2020-06-282020-09-260000014930bcorp:PropulsionMembercountry:CA2020-06-282020-09-260000014930country:CAbcorp:PartsandAccessoriesMember2020-06-282020-09-260000014930country:CAbcorp:BoatMember2020-06-282020-09-260000014930country:CA2020-06-282020-09-260000014930bcorp:PropulsionMemberbcorp:RestofWorldMember2020-06-282020-09-260000014930bcorp:RestofWorldMemberbcorp:PartsandAccessoriesMember2020-06-282020-09-260000014930bcorp:RestofWorldMemberbcorp:BoatMember2020-06-282020-09-260000014930bcorp:RestofWorldMember2020-06-282020-09-260000014930bcorp:PropulsionMemberus-gaap:IntersegmentEliminationMember2020-06-282020-09-260000014930us-gaap:IntersegmentEliminationMemberbcorp:PartsandAccessoriesMember2020-06-282020-09-260000014930us-gaap:IntersegmentEliminationMemberbcorp:BoatMember2020-06-282020-09-260000014930us-gaap:IntersegmentEliminationMember2020-06-282020-09-260000014930bcorp:PropulsionMember2020-06-282020-09-260000014930bcorp:PartsandAccessoriesMember2020-06-282020-09-260000014930bcorp:BoatMember2020-06-282020-09-260000014930bcorp:PropulsionMemberbcorp:OutboardEnginesMember2020-06-282020-09-260000014930bcorp:PartsandAccessoriesMemberbcorp:OutboardEnginesMember2020-06-282020-09-260000014930bcorp:BoatMemberbcorp:OutboardEnginesMember2020-06-282020-09-260000014930bcorp:OutboardEnginesMember2020-06-282020-09-260000014930bcorp:PropulsionMemberbcorp:ControlsRiggingandPropellersMember2020-06-282020-09-260000014930bcorp:ControlsRiggingandPropellersMemberbcorp:PartsandAccessoriesMember2020-06-282020-09-260000014930bcorp:ControlsRiggingandPropellersMemberbcorp:BoatMember2020-06-282020-09-260000014930bcorp:ControlsRiggingandPropellersMember2020-06-282020-09-260000014930bcorp:SterndriveEngineMemberbcorp:PropulsionMember2020-06-282020-09-260000014930bcorp:SterndriveEngineMemberbcorp:PartsandAccessoriesMember2020-06-282020-09-260000014930bcorp:SterndriveEngineMemberbcorp:BoatMember2020-06-282020-09-260000014930bcorp:SterndriveEngineMember2020-06-282020-09-260000014930bcorp:PropulsionMemberbcorp:DistributionMember2020-06-282020-09-260000014930bcorp:DistributionMemberbcorp:PartsandAccessoriesMember2020-06-282020-09-260000014930bcorp:DistributionMemberbcorp:BoatMember2020-06-282020-09-260000014930bcorp:DistributionMember2020-06-282020-09-260000014930bcorp:PropulsionMemberbcorp:AdvancedSystemsGroupMember2020-06-282020-09-260000014930bcorp:AdvancedSystemsGroupMemberbcorp:PartsandAccessoriesMember2020-06-282020-09-260000014930bcorp:AdvancedSystemsGroupMemberbcorp:BoatMember2020-06-282020-09-260000014930bcorp:AdvancedSystemsGroupMember2020-06-282020-09-260000014930bcorp:PropulsionMemberbcorp:EnginePartsandAccessoriesMember2020-06-282020-09-260000014930bcorp:PartsandAccessoriesMemberbcorp:EnginePartsandAccessoriesMember2020-06-282020-09-260000014930bcorp:BoatMemberbcorp:EnginePartsandAccessoriesMember2020-06-282020-09-260000014930bcorp:EnginePartsandAccessoriesMember2020-06-282020-09-260000014930bcorp:PropulsionMemberbcorp:AluminumFreshwaterBoatsMember2020-06-282020-09-260000014930bcorp:AluminumFreshwaterBoatsMemberbcorp:PartsandAccessoriesMember2020-06-282020-09-260000014930bcorp:AluminumFreshwaterBoatsMemberbcorp:BoatMember2020-06-282020-09-260000014930bcorp:AluminumFreshwaterBoatsMember2020-06-282020-09-260000014930bcorp:PropulsionMemberbcorp:RecreationalFiberglassBoatsMember2020-06-282020-09-260000014930bcorp:RecreationalFiberglassBoatsMemberbcorp:PartsandAccessoriesMember2020-06-282020-09-260000014930bcorp:BoatMemberbcorp:RecreationalFiberglassBoatsMember2020-06-282020-09-260000014930bcorp:RecreationalFiberglassBoatsMember2020-06-282020-09-260000014930bcorp:PropulsionMemberbcorp:SaltwaterFishingBoatsMember2020-06-282020-09-260000014930bcorp:SaltwaterFishingBoatsMemberbcorp:PartsandAccessoriesMember2020-06-282020-09-260000014930bcorp:SaltwaterFishingBoatsMemberbcorp:BoatMember2020-06-282020-09-260000014930bcorp:SaltwaterFishingBoatsMember2020-06-282020-09-260000014930bcorp:BusinessAccelerationMemberbcorp:PropulsionMember2020-06-282020-09-260000014930bcorp:BusinessAccelerationMemberbcorp:PartsandAccessoriesMember2020-06-282020-09-260000014930bcorp:BusinessAccelerationMemberbcorp:BoatMember2020-06-282020-09-260000014930bcorp:BusinessAccelerationMember2020-06-282020-09-260000014930bcorp:BoatEliminationsMemberbcorp:PropulsionMember2020-06-282020-09-260000014930bcorp:BoatEliminationsMemberbcorp:PartsandAccessoriesMember2020-06-282020-09-260000014930bcorp:BoatEliminationsMemberbcorp:BoatMember2020-06-282020-09-260000014930bcorp:BoatEliminationsMember2020-06-282020-09-260000014930country:USbcorp:PropulsionMember2020-01-012020-09-260000014930country:USbcorp:PartsandAccessoriesMember2020-01-012020-09-260000014930country:USbcorp:BoatMember2020-01-012020-09-260000014930country:US2020-01-012020-09-260000014930srt:EuropeMemberbcorp:PropulsionMember2020-01-012020-09-260000014930srt:EuropeMemberbcorp:PartsandAccessoriesMember2020-01-012020-09-260000014930srt:EuropeMemberbcorp:BoatMember2020-01-012020-09-260000014930srt:EuropeMember2020-01-012020-09-260000014930bcorp:PropulsionMembersrt:AsiaPacificMember2020-01-012020-09-260000014930srt:AsiaPacificMemberbcorp:PartsandAccessoriesMember2020-01-012020-09-260000014930srt:AsiaPacificMemberbcorp:BoatMember2020-01-012020-09-260000014930srt:AsiaPacificMember2020-01-012020-09-260000014930bcorp:PropulsionMembercountry:CA2020-01-012020-09-260000014930country:CAbcorp:PartsandAccessoriesMember2020-01-012020-09-260000014930country:CAbcorp:BoatMember2020-01-012020-09-260000014930country:CA2020-01-012020-09-260000014930bcorp:PropulsionMemberbcorp:RestofWorldMember2020-01-012020-09-260000014930bcorp:RestofWorldMemberbcorp:PartsandAccessoriesMember2020-01-012020-09-260000014930bcorp:RestofWorldMemberbcorp:BoatMember2020-01-012020-09-260000014930bcorp:RestofWorldMember2020-01-012020-09-260000014930bcorp:PropulsionMemberus-gaap:IntersegmentEliminationMember2020-01-012020-09-260000014930us-gaap:IntersegmentEliminationMemberbcorp:PartsandAccessoriesMember2020-01-012020-09-260000014930us-gaap:IntersegmentEliminationMemberbcorp:BoatMember2020-01-012020-09-260000014930us-gaap:IntersegmentEliminationMember2020-01-012020-09-260000014930bcorp:PropulsionMember2020-01-012020-09-260000014930bcorp:PartsandAccessoriesMember2020-01-012020-09-260000014930bcorp:BoatMember2020-01-012020-09-260000014930bcorp:PropulsionMemberbcorp:OutboardEnginesMember2020-01-012020-09-260000014930bcorp:PartsandAccessoriesMemberbcorp:OutboardEnginesMember2020-01-012020-09-260000014930bcorp:BoatMemberbcorp:OutboardEnginesMember2020-01-012020-09-260000014930bcorp:OutboardEnginesMember2020-01-012020-09-260000014930bcorp:PropulsionMemberbcorp:ControlsRiggingandPropellersMember2020-01-012020-09-260000014930bcorp:ControlsRiggingandPropellersMemberbcorp:PartsandAccessoriesMember2020-01-012020-09-260000014930bcorp:ControlsRiggingandPropellersMemberbcorp:BoatMember2020-01-012020-09-260000014930bcorp:ControlsRiggingandPropellersMember2020-01-012020-09-260000014930bcorp:SterndriveEngineMemberbcorp:PropulsionMember2020-01-012020-09-260000014930bcorp:SterndriveEngineMemberbcorp:PartsandAccessoriesMember2020-01-012020-09-260000014930bcorp:SterndriveEngineMemberbcorp:BoatMember2020-01-012020-09-260000014930bcorp:SterndriveEngineMember2020-01-012020-09-260000014930bcorp:PropulsionMemberbcorp:DistributionMember2020-01-012020-09-260000014930bcorp:DistributionMemberbcorp:PartsandAccessoriesMember2020-01-012020-09-260000014930bcorp:DistributionMemberbcorp:BoatMember2020-01-012020-09-260000014930bcorp:DistributionMember2020-01-012020-09-260000014930bcorp:PropulsionMemberbcorp:AdvancedSystemsGroupMember2020-01-012020-09-260000014930bcorp:AdvancedSystemsGroupMemberbcorp:PartsandAccessoriesMember2020-01-012020-09-260000014930bcorp:AdvancedSystemsGroupMemberbcorp:BoatMember2020-01-012020-09-260000014930bcorp:AdvancedSystemsGroupMember2020-01-012020-09-260000014930bcorp:PropulsionMemberbcorp:EnginePartsandAccessoriesMember2020-01-012020-09-260000014930bcorp:PartsandAccessoriesMemberbcorp:EnginePartsandAccessoriesMember2020-01-012020-09-260000014930bcorp:BoatMemberbcorp:EnginePartsandAccessoriesMember2020-01-012020-09-260000014930bcorp:EnginePartsandAccessoriesMember2020-01-012020-09-260000014930bcorp:PropulsionMemberbcorp:AluminumFreshwaterBoatsMember2020-01-012020-09-260000014930bcorp:AluminumFreshwaterBoatsMemberbcorp:PartsandAccessoriesMember2020-01-012020-09-260000014930bcorp:AluminumFreshwaterBoatsMemberbcorp:BoatMember2020-01-012020-09-260000014930bcorp:AluminumFreshwaterBoatsMember2020-01-012020-09-260000014930bcorp:PropulsionMemberbcorp:RecreationalFiberglassBoatsMember2020-01-012020-09-260000014930bcorp:RecreationalFiberglassBoatsMemberbcorp:PartsandAccessoriesMember2020-01-012020-09-260000014930bcorp:BoatMemberbcorp:RecreationalFiberglassBoatsMember2020-01-012020-09-260000014930bcorp:RecreationalFiberglassBoatsMember2020-01-012020-09-260000014930bcorp:PropulsionMemberbcorp:SaltwaterFishingBoatsMember2020-01-012020-09-260000014930bcorp:SaltwaterFishingBoatsMemberbcorp:PartsandAccessoriesMember2020-01-012020-09-260000014930bcorp:SaltwaterFishingBoatsMemberbcorp:BoatMember2020-01-012020-09-260000014930bcorp:SaltwaterFishingBoatsMember2020-01-012020-09-260000014930bcorp:BusinessAccelerationMemberbcorp:PropulsionMember2020-01-012020-09-260000014930bcorp:BusinessAccelerationMemberbcorp:PartsandAccessoriesMember2020-01-012020-09-260000014930bcorp:BusinessAccelerationMemberbcorp:BoatMember2020-01-012020-09-260000014930bcorp:BusinessAccelerationMember2020-01-012020-09-260000014930bcorp:BoatEliminationsMemberbcorp:PropulsionMember2020-01-012020-09-260000014930bcorp:BoatEliminationsMemberbcorp:PartsandAccessoriesMember2020-01-012020-09-260000014930bcorp:BoatEliminationsMemberbcorp:BoatMember2020-01-012020-09-260000014930bcorp:BoatEliminationsMember2020-01-012020-09-260000014930country:USbcorp:PropulsionMember2019-06-302019-09-280000014930country:USbcorp:PartsandAccessoriesMember2019-06-302019-09-280000014930country:USbcorp:BoatMember2019-06-302019-09-280000014930country:US2019-06-302019-09-280000014930srt:EuropeMemberbcorp:PropulsionMember2019-06-302019-09-280000014930srt:EuropeMemberbcorp:PartsandAccessoriesMember2019-06-302019-09-280000014930srt:EuropeMemberbcorp:BoatMember2019-06-302019-09-280000014930srt:EuropeMember2019-06-302019-09-280000014930bcorp:PropulsionMembersrt:AsiaPacificMember2019-06-302019-09-280000014930srt:AsiaPacificMemberbcorp:PartsandAccessoriesMember2019-06-302019-09-280000014930srt:AsiaPacificMemberbcorp:BoatMember2019-06-302019-09-280000014930srt:AsiaPacificMember2019-06-302019-09-280000014930bcorp:PropulsionMembercountry:CA2019-06-302019-09-280000014930country:CAbcorp:PartsandAccessoriesMember2019-06-302019-09-280000014930country:CAbcorp:BoatMember2019-06-302019-09-280000014930country:CA2019-06-302019-09-280000014930bcorp:PropulsionMemberbcorp:RestofWorldMember2019-06-302019-09-280000014930bcorp:RestofWorldMemberbcorp:PartsandAccessoriesMember2019-06-302019-09-280000014930bcorp:RestofWorldMemberbcorp:BoatMember2019-06-302019-09-280000014930bcorp:RestofWorldMember2019-06-302019-09-280000014930bcorp:PropulsionMemberus-gaap:IntersegmentEliminationMember2019-06-302019-09-280000014930us-gaap:IntersegmentEliminationMemberbcorp:PartsandAccessoriesMember2019-06-302019-09-280000014930us-gaap:IntersegmentEliminationMemberbcorp:BoatMember2019-06-302019-09-280000014930us-gaap:IntersegmentEliminationMember2019-06-302019-09-280000014930bcorp:PropulsionMember2019-06-302019-09-280000014930bcorp:PartsandAccessoriesMember2019-06-302019-09-280000014930bcorp:BoatMember2019-06-302019-09-280000014930bcorp:PropulsionMemberbcorp:OutboardEnginesMember2019-06-302019-09-280000014930bcorp:PartsandAccessoriesMemberbcorp:OutboardEnginesMember2019-06-302019-09-280000014930bcorp:BoatMemberbcorp:OutboardEnginesMember2019-06-302019-09-280000014930bcorp:OutboardEnginesMember2019-06-302019-09-280000014930bcorp:PropulsionMemberbcorp:ControlsRiggingandPropellersMember2019-06-302019-09-280000014930bcorp:ControlsRiggingandPropellersMemberbcorp:PartsandAccessoriesMember2019-06-302019-09-280000014930bcorp:ControlsRiggingandPropellersMemberbcorp:BoatMember2019-06-302019-09-280000014930bcorp:ControlsRiggingandPropellersMember2019-06-302019-09-280000014930bcorp:SterndriveEngineMemberbcorp:PropulsionMember2019-06-302019-09-280000014930bcorp:SterndriveEngineMemberbcorp:PartsandAccessoriesMember2019-06-302019-09-280000014930bcorp:SterndriveEngineMemberbcorp:BoatMember2019-06-302019-09-280000014930bcorp:SterndriveEngineMember2019-06-302019-09-280000014930bcorp:PropulsionMemberbcorp:DistributionMember2019-06-302019-09-280000014930bcorp:DistributionMemberbcorp:PartsandAccessoriesMember2019-06-302019-09-280000014930bcorp:DistributionMemberbcorp:BoatMember2019-06-302019-09-280000014930bcorp:DistributionMember2019-06-302019-09-280000014930bcorp:PropulsionMemberbcorp:AdvancedSystemsGroupMember2019-06-302019-09-280000014930bcorp:AdvancedSystemsGroupMemberbcorp:PartsandAccessoriesMember2019-06-302019-09-280000014930bcorp:AdvancedSystemsGroupMemberbcorp:BoatMember2019-06-302019-09-280000014930bcorp:AdvancedSystemsGroupMember2019-06-302019-09-280000014930bcorp:PropulsionMemberbcorp:EnginePartsandAccessoriesMember2019-06-302019-09-280000014930bcorp:PartsandAccessoriesMemberbcorp:EnginePartsandAccessoriesMember2019-06-302019-09-280000014930bcorp:BoatMemberbcorp:EnginePartsandAccessoriesMember2019-06-302019-09-280000014930bcorp:EnginePartsandAccessoriesMember2019-06-302019-09-280000014930bcorp:PropulsionMemberbcorp:AluminumFreshwaterBoatsMember2019-06-302019-09-280000014930bcorp:AluminumFreshwaterBoatsMemberbcorp:PartsandAccessoriesMember2019-06-302019-09-280000014930bcorp:AluminumFreshwaterBoatsMemberbcorp:BoatMember2019-06-302019-09-280000014930bcorp:AluminumFreshwaterBoatsMember2019-06-302019-09-280000014930bcorp:PropulsionMemberbcorp:RecreationalFiberglassBoatsMember2019-06-302019-09-280000014930bcorp:RecreationalFiberglassBoatsMemberbcorp:PartsandAccessoriesMember2019-06-302019-09-280000014930bcorp:BoatMemberbcorp:RecreationalFiberglassBoatsMember2019-06-302019-09-280000014930bcorp:RecreationalFiberglassBoatsMember2019-06-302019-09-280000014930bcorp:PropulsionMemberbcorp:SaltwaterFishingBoatsMember2019-06-302019-09-280000014930bcorp:SaltwaterFishingBoatsMemberbcorp:PartsandAccessoriesMember2019-06-302019-09-280000014930bcorp:SaltwaterFishingBoatsMemberbcorp:BoatMember2019-06-302019-09-280000014930bcorp:SaltwaterFishingBoatsMember2019-06-302019-09-280000014930bcorp:BusinessAccelerationMemberbcorp:PropulsionMember2019-06-302019-09-280000014930bcorp:BusinessAccelerationMemberbcorp:PartsandAccessoriesMember2019-06-302019-09-280000014930bcorp:BusinessAccelerationMemberbcorp:BoatMember2019-06-302019-09-280000014930bcorp:BusinessAccelerationMember2019-06-302019-09-280000014930bcorp:BoatEliminationsMemberbcorp:PropulsionMember2019-06-302019-09-280000014930bcorp:BoatEliminationsMemberbcorp:PartsandAccessoriesMember2019-06-302019-09-280000014930bcorp:BoatEliminationsMemberbcorp:BoatMember2019-06-302019-09-280000014930bcorp:BoatEliminationsMember2019-06-302019-09-280000014930country:USbcorp:PropulsionMember2019-01-012019-09-280000014930country:USbcorp:PartsandAccessoriesMember2019-01-012019-09-280000014930country:USbcorp:BoatMember2019-01-012019-09-280000014930country:US2019-01-012019-09-280000014930srt:EuropeMemberbcorp:PropulsionMember2019-01-012019-09-280000014930srt:EuropeMemberbcorp:PartsandAccessoriesMember2019-01-012019-09-280000014930srt:EuropeMemberbcorp:BoatMember2019-01-012019-09-280000014930srt:EuropeMember2019-01-012019-09-280000014930bcorp:PropulsionMembersrt:AsiaPacificMember2019-01-012019-09-280000014930srt:AsiaPacificMemberbcorp:PartsandAccessoriesMember2019-01-012019-09-280000014930srt:AsiaPacificMemberbcorp:BoatMember2019-01-012019-09-280000014930srt:AsiaPacificMember2019-01-012019-09-280000014930bcorp:PropulsionMembercountry:CA2019-01-012019-09-280000014930country:CAbcorp:PartsandAccessoriesMember2019-01-012019-09-280000014930country:CAbcorp:BoatMember2019-01-012019-09-280000014930country:CA2019-01-012019-09-280000014930bcorp:PropulsionMemberbcorp:RestofWorldMember2019-01-012019-09-280000014930bcorp:RestofWorldMemberbcorp:PartsandAccessoriesMember2019-01-012019-09-280000014930bcorp:RestofWorldMemberbcorp:BoatMember2019-01-012019-09-280000014930bcorp:RestofWorldMember2019-01-012019-09-280000014930bcorp:PropulsionMemberus-gaap:IntersegmentEliminationMember2019-01-012019-09-280000014930us-gaap:IntersegmentEliminationMemberbcorp:PartsandAccessoriesMember2019-01-012019-09-280000014930us-gaap:IntersegmentEliminationMemberbcorp:BoatMember2019-01-012019-09-280000014930us-gaap:IntersegmentEliminationMember2019-01-012019-09-280000014930bcorp:PropulsionMember2019-01-012019-09-280000014930bcorp:PartsandAccessoriesMember2019-01-012019-09-280000014930bcorp:BoatMember2019-01-012019-09-280000014930bcorp:PropulsionMemberbcorp:OutboardEnginesMember2019-01-012019-09-280000014930bcorp:PartsandAccessoriesMemberbcorp:OutboardEnginesMember2019-01-012019-09-280000014930bcorp:BoatMemberbcorp:OutboardEnginesMember2019-01-012019-09-280000014930bcorp:OutboardEnginesMember2019-01-012019-09-280000014930bcorp:PropulsionMemberbcorp:ControlsRiggingandPropellersMember2019-01-012019-09-280000014930bcorp:ControlsRiggingandPropellersMemberbcorp:PartsandAccessoriesMember2019-01-012019-09-280000014930bcorp:ControlsRiggingandPropellersMemberbcorp:BoatMember2019-01-012019-09-280000014930bcorp:ControlsRiggingandPropellersMember2019-01-012019-09-280000014930bcorp:SterndriveEngineMemberbcorp:PropulsionMember2019-01-012019-09-280000014930bcorp:SterndriveEngineMemberbcorp:PartsandAccessoriesMember2019-01-012019-09-280000014930bcorp:SterndriveEngineMemberbcorp:BoatMember2019-01-012019-09-280000014930bcorp:SterndriveEngineMember2019-01-012019-09-280000014930bcorp:PropulsionMemberbcorp:DistributionMember2019-01-012019-09-280000014930bcorp:DistributionMemberbcorp:PartsandAccessoriesMember2019-01-012019-09-280000014930bcorp:DistributionMemberbcorp:BoatMember2019-01-012019-09-280000014930bcorp:DistributionMember2019-01-012019-09-280000014930bcorp:PropulsionMemberbcorp:AdvancedSystemsGroupMember2019-01-012019-09-280000014930bcorp:AdvancedSystemsGroupMemberbcorp:PartsandAccessoriesMember2019-01-012019-09-280000014930bcorp:AdvancedSystemsGroupMemberbcorp:BoatMember2019-01-012019-09-280000014930bcorp:AdvancedSystemsGroupMember2019-01-012019-09-280000014930bcorp:PropulsionMemberbcorp:EnginePartsandAccessoriesMember2019-01-012019-09-280000014930bcorp:PartsandAccessoriesMemberbcorp:EnginePartsandAccessoriesMember2019-01-012019-09-280000014930bcorp:BoatMemberbcorp:EnginePartsandAccessoriesMember2019-01-012019-09-280000014930bcorp:EnginePartsandAccessoriesMember2019-01-012019-09-280000014930bcorp:PropulsionMemberbcorp:AluminumFreshwaterBoatsMember2019-01-012019-09-280000014930bcorp:AluminumFreshwaterBoatsMemberbcorp:PartsandAccessoriesMember2019-01-012019-09-280000014930bcorp:AluminumFreshwaterBoatsMemberbcorp:BoatMember2019-01-012019-09-280000014930bcorp:AluminumFreshwaterBoatsMember2019-01-012019-09-280000014930bcorp:PropulsionMemberbcorp:RecreationalFiberglassBoatsMember2019-01-012019-09-280000014930bcorp:RecreationalFiberglassBoatsMemberbcorp:PartsandAccessoriesMember2019-01-012019-09-280000014930bcorp:BoatMemberbcorp:RecreationalFiberglassBoatsMember2019-01-012019-09-280000014930bcorp:RecreationalFiberglassBoatsMember2019-01-012019-09-280000014930bcorp:PropulsionMemberbcorp:SaltwaterFishingBoatsMember2019-01-012019-09-280000014930bcorp:SaltwaterFishingBoatsMemberbcorp:PartsandAccessoriesMember2019-01-012019-09-280000014930bcorp:SaltwaterFishingBoatsMemberbcorp:BoatMember2019-01-012019-09-280000014930bcorp:SaltwaterFishingBoatsMember2019-01-012019-09-280000014930bcorp:BusinessAccelerationMemberbcorp:PropulsionMember2019-01-012019-09-280000014930bcorp:BusinessAccelerationMemberbcorp:PartsandAccessoriesMember2019-01-012019-09-280000014930bcorp:BusinessAccelerationMemberbcorp:BoatMember2019-01-012019-09-280000014930bcorp:BusinessAccelerationMember2019-01-012019-09-280000014930bcorp:BoatEliminationsMemberbcorp:PropulsionMember2019-01-012019-09-280000014930bcorp:BoatEliminationsMemberbcorp:PartsandAccessoriesMember2019-01-012019-09-280000014930bcorp:BoatEliminationsMemberbcorp:BoatMember2019-01-012019-09-280000014930bcorp:BoatEliminationsMember2019-01-012019-09-2800000149302020-01-0100000149302020-01-012020-09-2600000149302021-01-012020-09-2600000149302022-01-012020-09-260000014930bcorp:FitnessMember2019-05-062019-05-060000014930bcorp:FitnessMember2020-06-282020-09-260000014930bcorp:RetainedLiabilityMemberbcorp:FitnessMember2020-06-282020-09-260000014930bcorp:FitnessMember2019-06-270000014930bcorp:FitnessMember2020-09-260000014930bcorp:FitnessMember2019-06-302019-09-280000014930bcorp:FitnessMember2019-01-012019-09-280000014930bcorp:FitnessMember2019-01-012019-06-290000014930bcorp:RestructuringandExitActivitiesMemberbcorp:PartsandAccessoriesMember2020-06-282020-09-260000014930bcorp:RestructuringandExitActivitiesMemberbcorp:BoatMember2020-06-282020-09-260000014930us-gaap:CorporateMemberbcorp:RestructuringandExitActivitiesMember2020-06-282020-09-260000014930bcorp:RestructuringandExitActivitiesMember2020-06-282020-09-260000014930bcorp:RestructuringandExitActivitiesMemberbcorp:PartsandAccessoriesMember2019-06-302019-09-280000014930bcorp:RestructuringandExitActivitiesMemberbcorp:BoatMember2019-06-302019-09-280000014930us-gaap:CorporateMemberbcorp:RestructuringandExitActivitiesMember2019-06-302019-09-280000014930bcorp:RestructuringandExitActivitiesMember2019-06-302019-09-280000014930bcorp:AssetdispositionandimpairmentactionsMemberbcorp:PartsandAccessoriesMember2020-06-282020-09-260000014930bcorp:BoatMemberbcorp:AssetdispositionandimpairmentactionsMember2020-06-282020-09-260000014930us-gaap:CorporateMemberbcorp:AssetdispositionandimpairmentactionsMember2020-06-282020-09-260000014930bcorp:AssetdispositionandimpairmentactionsMember2020-06-282020-09-260000014930bcorp:AssetdispositionandimpairmentactionsMemberbcorp:PartsandAccessoriesMember2019-06-302019-09-280000014930bcorp:BoatMemberbcorp:AssetdispositionandimpairmentactionsMember2019-06-302019-09-280000014930us-gaap:CorporateMemberbcorp:AssetdispositionandimpairmentactionsMember2019-06-302019-09-280000014930bcorp:AssetdispositionandimpairmentactionsMember2019-06-302019-09-280000014930us-gaap:CorporateMember2020-06-282020-09-260000014930us-gaap:CorporateMember2019-06-302019-09-280000014930bcorp:PartsandAccessoriesMember2020-09-260000014930bcorp:BoatMember2020-09-260000014930us-gaap:CorporateMember2020-09-260000014930bcorp:PartsandAccessoriesMember2019-09-280000014930bcorp:BoatMember2019-09-280000014930us-gaap:CorporateMember2019-09-280000014930bcorp:RestructuringandExitActivitiesMemberbcorp:PartsandAccessoriesMember2020-01-012020-09-260000014930bcorp:RestructuringandExitActivitiesMemberbcorp:BoatMember2020-01-012020-09-260000014930us-gaap:CorporateMemberbcorp:RestructuringandExitActivitiesMember2020-01-012020-09-260000014930bcorp:RestructuringandExitActivitiesMember2020-01-012020-09-260000014930bcorp:RestructuringandExitActivitiesMemberbcorp:PartsandAccessoriesMember2019-01-012019-09-280000014930bcorp:RestructuringandExitActivitiesMemberbcorp:BoatMember2019-01-012019-09-280000014930us-gaap:CorporateMemberbcorp:RestructuringandExitActivitiesMember2019-01-012019-09-280000014930bcorp:RestructuringandExitActivitiesMember2019-01-012019-09-280000014930bcorp:AssetdispositionandimpairmentactionsMemberbcorp:PartsandAccessoriesMember2020-01-012020-09-260000014930bcorp:BoatMemberbcorp:AssetdispositionandimpairmentactionsMember2020-01-012020-09-260000014930us-gaap:CorporateMemberbcorp:AssetdispositionandimpairmentactionsMember2020-01-012020-09-260000014930bcorp:AssetdispositionandimpairmentactionsMember2020-01-012020-09-260000014930bcorp:AssetdispositionandimpairmentactionsMemberbcorp:PartsandAccessoriesMember2019-01-012019-09-280000014930bcorp:BoatMemberbcorp:AssetdispositionandimpairmentactionsMember2019-01-012019-09-280000014930us-gaap:CorporateMemberbcorp:AssetdispositionandimpairmentactionsMember2019-01-012019-09-280000014930bcorp:AssetdispositionandimpairmentactionsMember2019-01-012019-09-280000014930us-gaap:CorporateMember2020-01-012020-09-260000014930us-gaap:CorporateMember2019-01-012019-09-28xbrli:pure0000014930bcorp:FreedomBoatClubMember2019-05-2100000149302019-05-212019-05-210000014930bcorp:FreedomBoatClubMemberus-gaap:CustomerRelationshipsMember2019-05-210000014930bcorp:FreedomBoatClubMemberus-gaap:FranchiseRightsMember2019-05-210000014930us-gaap:TradeNamesMemberbcorp:FreedomBoatClubMember2019-05-210000014930bcorp:FreedomBoatClubMember2020-01-012020-09-260000014930bcorp:FreedomBoatClubMemberus-gaap:CustomerRelationshipsMember2019-05-212019-05-210000014930bcorp:FreedomBoatClubMemberus-gaap:FranchiseRightsMember2019-05-212019-05-210000014930us-gaap:CommodityContractMember2020-09-260000014930us-gaap:ForeignExchangeForwardMember2020-09-260000014930us-gaap:ForeignExchangeForwardMember2019-12-310000014930us-gaap:ForeignExchangeForwardMember2019-09-280000014930us-gaap:ForeignExchangeOptionMember2020-09-260000014930us-gaap:ForeignExchangeOptionMember2019-09-280000014930us-gaap:ForeignExchangeOptionMember2019-12-310000014930us-gaap:ForeignExchangeContractMember2020-01-012020-09-260000014930bcorp:DebenturesDue2023Member2019-01-012019-12-310000014930bcorp:DebenturesDue2023Member2020-01-012020-09-260000014930us-gaap:InterestRateSwapMember2019-09-280000014930bcorp:DebenturesDue2023Member2019-09-280000014930bcorp:ForwardstartinginterestrateswapMember2020-01-012020-09-260000014930bcorp:ForwardstartinginterestrateswapMember2020-01-012020-03-280000014930bcorp:ForwardstartinginterestrateswapMember2019-01-012019-09-280000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMemberus-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberus-gaap:CashFlowHedgingMember2020-09-260000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMemberus-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberus-gaap:CashFlowHedgingMember2019-12-310000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMemberus-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberus-gaap:CashFlowHedgingMember2019-09-280000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMemberus-gaap:AccountsPayableAndAccruedLiabilitiesMemberus-gaap:CashFlowHedgingMember2020-09-260000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMemberus-gaap:AccountsPayableAndAccruedLiabilitiesMemberus-gaap:CashFlowHedgingMember2019-12-310000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMemberus-gaap:AccountsPayableAndAccruedLiabilitiesMemberus-gaap:CashFlowHedgingMember2019-09-280000014930us-gaap:CommodityContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberus-gaap:CashFlowHedgingMember2020-09-260000014930us-gaap:CommodityContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberus-gaap:CashFlowHedgingMember2019-12-310000014930us-gaap:CommodityContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberus-gaap:CashFlowHedgingMember2019-09-280000014930us-gaap:CommodityContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:AccountsPayableAndAccruedLiabilitiesMemberus-gaap:CashFlowHedgingMember2020-09-260000014930us-gaap:CommodityContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:AccountsPayableAndAccruedLiabilitiesMemberus-gaap:CashFlowHedgingMember2019-12-310000014930us-gaap:CommodityContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:AccountsPayableAndAccruedLiabilitiesMemberus-gaap:CashFlowHedgingMember2019-09-280000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMember2020-09-260000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMember2019-12-310000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMember2019-09-280000014930us-gaap:OtherNoncurrentAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMember2020-09-260000014930us-gaap:OtherNoncurrentAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMember2019-12-310000014930us-gaap:OtherNoncurrentAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMember2019-09-280000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMember2020-09-260000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMember2019-12-310000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMember2019-09-280000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:FairValueHedgingMember2020-09-260000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:FairValueHedgingMember2019-12-310000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:FairValueHedgingMember2019-09-280000014930us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMemberus-gaap:PrepaidExpensesAndOtherCurrentAssetsMember2020-09-260000014930us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMemberus-gaap:PrepaidExpensesAndOtherCurrentAssetsMember2019-12-310000014930us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMemberus-gaap:PrepaidExpensesAndOtherCurrentAssetsMember2019-09-280000014930us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMemberus-gaap:AccountsPayableAndAccruedLiabilitiesMember2020-09-260000014930us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMemberus-gaap:AccountsPayableAndAccruedLiabilitiesMember2019-12-310000014930us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMemberus-gaap:AccountsPayableAndAccruedLiabilitiesMember2019-09-280000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2020-06-282020-09-260000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2019-06-302019-09-280000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2020-01-012020-09-260000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2019-01-012019-09-280000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateContractMemberus-gaap:InterestExpenseMemberus-gaap:CashFlowHedgingMember2020-06-282020-09-260000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateContractMemberus-gaap:InterestExpenseMemberus-gaap:CashFlowHedgingMember2019-06-302019-09-280000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateContractMemberus-gaap:InterestExpenseMemberus-gaap:CashFlowHedgingMember2020-01-012020-09-260000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateContractMemberus-gaap:InterestExpenseMemberus-gaap:CashFlowHedgingMember2019-01-012019-09-280000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMemberus-gaap:CashFlowHedgingMember2020-06-282020-09-260000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMemberus-gaap:CashFlowHedgingMember2019-06-302019-09-280000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMemberus-gaap:CashFlowHedgingMember2020-01-012020-09-260000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMemberus-gaap:CashFlowHedgingMember2019-01-012019-09-280000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMemberus-gaap:CostOfSalesMemberus-gaap:CashFlowHedgingMember2020-06-282020-09-260000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMemberus-gaap:CostOfSalesMemberus-gaap:CashFlowHedgingMember2019-06-302019-09-280000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMemberus-gaap:CostOfSalesMemberus-gaap:CashFlowHedgingMember2020-01-012020-09-260000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMemberus-gaap:CostOfSalesMemberus-gaap:CashFlowHedgingMember2019-01-012019-09-280000014930us-gaap:CommodityContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMember2020-06-282020-09-260000014930us-gaap:CommodityContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMember2019-06-302019-09-280000014930us-gaap:CommodityContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMember2020-01-012020-09-260000014930us-gaap:CommodityContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMember2019-01-012019-09-280000014930us-gaap:CommodityContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CostOfSalesMemberus-gaap:CashFlowHedgingMember2020-06-282020-09-260000014930us-gaap:CommodityContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CostOfSalesMemberus-gaap:CashFlowHedgingMember2019-06-302019-09-280000014930us-gaap:CommodityContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CostOfSalesMemberus-gaap:CashFlowHedgingMember2020-01-012020-09-260000014930us-gaap:CommodityContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CostOfSalesMemberus-gaap:CashFlowHedgingMember2019-01-012019-09-280000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMember2020-06-282020-09-260000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMember2019-06-302019-09-280000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMember2020-01-012020-09-260000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMember2019-01-012019-09-280000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateContractMemberus-gaap:InterestExpenseMemberus-gaap:FairValueHedgingMember2020-06-282020-09-260000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateContractMemberus-gaap:InterestExpenseMemberus-gaap:FairValueHedgingMember2019-06-302019-09-280000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateContractMemberus-gaap:InterestExpenseMemberus-gaap:FairValueHedgingMember2020-01-012020-09-260000014930us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateContractMemberus-gaap:InterestExpenseMemberus-gaap:FairValueHedgingMember2019-01-012019-09-280000014930us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMemberus-gaap:CostOfSalesMember2020-06-282020-09-260000014930us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMemberus-gaap:CostOfSalesMember2019-06-302019-09-280000014930us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMemberus-gaap:CostOfSalesMember2020-01-012020-09-260000014930us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMemberus-gaap:CostOfSalesMember2019-01-012019-09-280000014930us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMemberus-gaap:OtherNonoperatingIncomeExpenseMember2020-06-282020-09-260000014930us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMemberus-gaap:OtherNonoperatingIncomeExpenseMember2019-06-302019-09-280000014930us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMemberus-gaap:OtherNonoperatingIncomeExpenseMember2020-01-012020-09-260000014930us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMemberus-gaap:OtherNonoperatingIncomeExpenseMember2019-01-012019-09-280000014930us-gaap:NondesignatedMember2020-06-282020-09-260000014930us-gaap:NondesignatedMember2019-06-302019-09-280000014930us-gaap:NondesignatedMember2020-01-012020-09-260000014930us-gaap:NondesignatedMember2019-01-012019-09-280000014930us-gaap:InterestRateSwapMember2020-09-260000014930us-gaap:InterestRateSwapMember2019-12-310000014930us-gaap:CommodityContractMember2020-01-012020-09-260000014930us-gaap:CommodityContractMember2019-12-310000014930us-gaap:CommodityContractMember2019-09-280000014930us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2020-09-260000014930us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2020-09-260000014930us-gaap:FairValueMeasurementsRecurringMember2020-09-260000014930us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2019-12-310000014930us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2019-12-310000014930us-gaap:FairValueMeasurementsRecurringMember2019-12-310000014930us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2019-09-280000014930us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2019-09-280000014930us-gaap:FairValueMeasurementsRecurringMember2019-09-280000014930us-gaap:RestrictedStockUnitsRSUMember2020-01-012020-09-260000014930us-gaap:RestrictedStockUnitsRSUMember2019-01-012019-09-280000014930us-gaap:RestrictedStockUnitsRSUMember2020-06-282020-09-260000014930us-gaap:RestrictedStockUnitsRSUMember2019-06-302019-09-280000014930us-gaap:RestrictedStockUnitsRSUMember2020-09-260000014930us-gaap:PerformanceSharesMemberus-gaap:ShareBasedCompensationAwardTrancheOneMember2020-01-012020-09-260000014930us-gaap:PerformanceSharesMemberus-gaap:ShareBasedCompensationAwardTrancheOneMember2019-01-012019-09-280000014930us-gaap:PerformanceSharesMemberus-gaap:ShareBasedCompensationAwardTrancheTwoMember2020-01-012020-09-260000014930us-gaap:PerformanceSharesMemberus-gaap:ShareBasedCompensationAwardTrancheTwoMember2019-01-012019-09-280000014930us-gaap:PerformanceSharesMember2020-06-282020-09-260000014930us-gaap:PerformanceSharesMember2020-01-012020-09-260000014930us-gaap:PerformanceSharesMember2019-06-302019-09-280000014930us-gaap:PerformanceSharesMember2019-01-012019-09-280000014930us-gaap:PerformanceSharesMemberus-gaap:ShareBasedCompensationAwardTrancheOneMember2020-09-260000014930us-gaap:PerformanceSharesMemberus-gaap:ShareBasedCompensationAwardTrancheOneMember2019-09-280000014930us-gaap:PerformanceSharesMemberus-gaap:ShareBasedCompensationAwardTrancheTwoMember2020-09-260000014930us-gaap:PerformanceSharesMemberus-gaap:ShareBasedCompensationAwardTrancheTwoMember2019-09-280000014930us-gaap:PerformanceSharesMember2020-09-260000014930us-gaap:SegmentDiscontinuedOperationsMember2020-01-012020-09-260000014930us-gaap:SegmentDiscontinuedOperationsMember2019-01-012019-09-280000014930bcorp:FitnessMember2020-01-012020-09-2600000149302019-01-012019-06-290000014930bcorp:PropulsionMember2019-12-310000014930bcorp:PropulsionMember2020-09-260000014930bcorp:PartsandAccessoriesMember2019-12-310000014930bcorp:BoatMember2019-12-310000014930bcorp:PropulsionMember2018-12-310000014930bcorp:PropulsionMember2019-09-280000014930bcorp:PartsandAccessoriesMember2018-12-310000014930bcorp:BoatMember2018-12-310000014930us-gaap:CustomerRelationshipsMember2020-09-260000014930us-gaap:CustomerRelationshipsMember2019-12-310000014930us-gaap:CustomerRelationshipsMember2019-09-280000014930us-gaap:TradeNamesMember2020-09-260000014930us-gaap:TradeNamesMember2019-12-310000014930us-gaap:TradeNamesMember2019-09-280000014930us-gaap:OtherIntangibleAssetsMember2020-09-260000014930us-gaap:OtherIntangibleAssetsMember2019-12-310000014930us-gaap:OtherIntangibleAssetsMember2019-09-280000014930us-gaap:CustomerRelationshipsMember2020-01-012020-09-260000014930us-gaap:OtherIntangibleAssetsMember2020-01-012020-09-260000014930us-gaap:SegmentContinuingOperationsMember2020-06-282020-09-260000014930us-gaap:SegmentContinuingOperationsMember2019-06-302019-09-280000014930us-gaap:SegmentContinuingOperationsMember2020-01-012020-09-260000014930us-gaap:SegmentContinuingOperationsMember2019-01-012019-09-280000014930us-gaap:CorporateMember2019-12-310000014930us-gaap:SegmentContinuingOperationsMember2020-09-260000014930us-gaap:SegmentContinuingOperationsMember2019-12-310000014930us-gaap:SegmentContinuingOperationsMember2019-09-280000014930us-gaap:AccumulatedTranslationAdjustmentMember2020-06-270000014930us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceCostCreditMember2020-06-270000014930us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember2020-06-270000014930us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2020-06-270000014930us-gaap:AccumulatedTranslationAdjustmentMember2020-06-282020-09-260000014930us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceCostCreditMember2020-06-282020-09-260000014930us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember2020-06-282020-09-260000014930us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2020-06-282020-09-260000014930us-gaap:AccumulatedTranslationAdjustmentMember2020-09-260000014930us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceCostCreditMember2020-09-260000014930us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember2020-09-260000014930us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2020-09-260000014930us-gaap:AccumulatedTranslationAdjustmentMember2019-12-310000014930us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceCostCreditMember2019-12-310000014930us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember2019-12-310000014930us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2019-12-310000014930us-gaap:AccumulatedTranslationAdjustmentMember2020-01-012020-09-260000014930us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceCostCreditMember2020-01-012020-09-260000014930us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember2020-01-012020-09-260000014930us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2020-01-012020-09-260000014930us-gaap:AccumulatedTranslationAdjustmentMember2019-06-290000014930us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceCostCreditMember2019-06-290000014930us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember2019-06-290000014930us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2019-06-290000014930us-gaap:AccumulatedTranslationAdjustmentMember2019-06-302019-09-280000014930us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceCostCreditMember2019-06-302019-09-280000014930us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember2019-06-302019-09-280000014930us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2019-06-302019-09-280000014930us-gaap:AccumulatedTranslationAdjustmentMember2019-09-280000014930us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceCostCreditMember2019-09-280000014930us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember2019-09-280000014930us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2019-09-280000014930us-gaap:AccumulatedTranslationAdjustmentMember2018-12-310000014930us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceCostCreditMember2018-12-310000014930us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember2018-12-310000014930us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2018-12-310000014930us-gaap:AccumulatedTranslationAdjustmentMember2019-01-012019-09-280000014930us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceCostCreditMember2019-01-012019-09-280000014930us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember2019-01-012019-09-280000014930us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2019-01-012019-09-280000014930us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedTranslationAdjustmentMember2020-06-282020-09-260000014930us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedTranslationAdjustmentMember2019-06-302019-09-280000014930us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedTranslationAdjustmentMember2020-01-012020-09-260000014930us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedTranslationAdjustmentMember2019-01-012019-09-280000014930us-gaap:InterestRateContractMemberus-gaap:InterestExpenseMember2020-06-282020-09-260000014930us-gaap:InterestRateContractMemberus-gaap:InterestExpenseMember2019-06-302019-09-280000014930us-gaap:InterestRateContractMemberus-gaap:InterestExpenseMember2020-01-012020-09-260000014930us-gaap:InterestRateContractMemberus-gaap:InterestExpenseMember2019-01-012019-09-280000014930us-gaap:ForeignExchangeContractMemberus-gaap:CostOfSalesMember2020-06-282020-09-260000014930us-gaap:ForeignExchangeContractMemberus-gaap:CostOfSalesMember2019-06-302019-09-280000014930us-gaap:ForeignExchangeContractMemberus-gaap:CostOfSalesMember2020-01-012020-09-260000014930us-gaap:ForeignExchangeContractMemberus-gaap:CostOfSalesMember2019-01-012019-09-280000014930us-gaap:CommodityContractMemberus-gaap:CostOfSalesMember2020-06-282020-09-260000014930us-gaap:CommodityContractMemberus-gaap:CostOfSalesMember2019-06-302019-09-280000014930us-gaap:CommodityContractMemberus-gaap:CostOfSalesMember2020-01-012020-09-260000014930us-gaap:CommodityContractMemberus-gaap:CostOfSalesMember2019-01-012019-09-280000014930bcorp:BrunswickPensionPlanForSalariedEmployeesandBrunswickPensionPlanForHourlyBargainingUnitEmployeesMember2019-01-012019-09-280000014930bcorp:BrunswickPensionPlanForSalariedEmployeesandBrunswickPensionPlanForHourlyBargainingUnitEmployeesMember2020-06-282020-09-260000014930bcorp:BrunswickPensionPlanForSalariedEmployeesandBrunswickPensionPlanForHourlyBargainingUnitEmployeesMember2020-01-012020-09-260000014930us-gaap:PensionPlansDefinedBenefitMember2020-06-282020-09-260000014930us-gaap:PensionPlansDefinedBenefitMember2019-06-302019-09-280000014930us-gaap:PensionPlansDefinedBenefitMember2020-01-012020-09-260000014930us-gaap:PensionPlansDefinedBenefitMember2019-01-012019-09-280000014930us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2020-06-282020-09-260000014930us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2019-06-302019-09-280000014930us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2020-01-012020-09-260000014930us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2019-01-012019-09-280000014930us-gaap:UnsecuredDebtMemberbcorp:TermLoanDue2023Member2020-06-282020-09-260000014930us-gaap:UnsecuredDebtMemberbcorp:SeniorNotesDue2021Member2019-07-030000014930bcorp:SeniorNotesDue2049Memberus-gaap:UnsecuredDebtMember2019-03-040000014930bcorp:SeniorNotesDue2049Memberus-gaap:UnsecuredDebtMember2019-03-042019-03-040000014930bcorp:SeniorNotesDue2049Memberus-gaap:UnsecuredDebtMember2020-01-012020-09-260000014930bcorp:A6.625SeniorNotesdue2049Member2020-01-012020-09-260000014930us-gaap:LineOfCreditMember2020-01-012020-09-260000014930us-gaap:LineOfCreditMember2019-01-012019-09-280000014930us-gaap:LineOfCreditMember2020-09-260000014930us-gaap:CommercialPaperMember2020-09-260000014930us-gaap:LineOfCreditMember2019-09-28

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 10-Q
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
  For the quarterly period ended September 26, 2020
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from                      to                     

Commission file number 001-01043
____________
 bcorp-20200926_g1.jpg
Brunswick Corporation
(Exact name of registrant as specified in its charter)
Delaware 36-0848180
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.)
26125 N. Riverwoods Blvd., Suite 500, Mettawa, IL 60045-3420
(Address of principal executive offices) (Zip code)
(847) 735-4700  
(Registrant’s telephone number, including area code) 
 N/A
(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes   No
 
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes   No
 
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and "emerging growth company" in Rule 12b-2 of the Exchange Act.
Large Accelerated Filer
Accelerated Filer
Non-accelerated FilerSmaller reporting company
Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes No
Securities registered pursuant to Section 12(b) of the Act:
Title of Each ClassTrading Symbol(s)Name of Each Exchange on Which Registered
Common stock, par value $0.75 per share
BC
New York Stock Exchange
Chicago Stock Exchange
6.500% Senior Notes due 2048
BC-A
New York Stock Exchange
6.625% Senior Notes due 2049
BC-B
New York Stock Exchange
6.375% Senior Notes due 2049
BC-C
New York Stock Exchange
The number of shares of Common Stock ($0.75 par value) of the registrant outstanding as of November 2, 2020 was 78,342,606.



BRUNSWICK CORPORATION
INDEX TO QUARTERLY REPORT ON FORM 10-Q
September 26, 2020
 
 
TABLE OF CONTENTS
PART I – FINANCIAL INFORMATIONPage
  
  
 
 
  
 
  
  
  
  
PART II – OTHER INFORMATION


Table of Contents
PART I - FINANCIAL INFORMATION

Item 1. Condensed Consolidated Financial Statements

BRUNSWICK CORPORATION
Condensed Consolidated Statements of Comprehensive Income
(unaudited)

 Three Months EndedNine Months Ended
(in millions, except per share data)September 26,
2020
September 28,
2019
September 26,
2020
September 28,
2019
Net sales$1,233.1 $976.6 $3,186.4 $3,190.8 
Cost of sales856.2 699.7 2,309.7 2,306.4 
Selling, general and administrative expense151.3 120.1 381.8 380.0 
Research and development expense31.2 29.7 87.8 91.9 
Restructuring, exit and impairment charges1.8 7.4 4.3 16.0 
Operating earnings192.6 119.7 402.8 396.5 
Equity earnings0.6 1.9 3.5 5.4 
Pension settlement (charge) benefit(0.2)(294.1)1.1 (294.1)
Other (expense) income, net(1.2)0.1 (2.7)(1.6)
Earnings (loss) before interest and income taxes191.8 (172.4)404.7 106.2 
Interest expense(16.4)(18.8)(52.0)(59.4)
Interest income0.3 1.6 0.9 2.4 
Earnings (loss) before income taxes175.7 (189.6)353.6 49.2 
Income tax provision38.9 43.3 74.9 93.8 
Net earnings (loss) from continuing operations136.8 (232.9)278.7 (44.6)
Discontinued operations:
Earnings (loss) from discontinued operations, net of tax1.5 (2.9)0.4 (108.5)
Loss on disposal of discontinued operations, net of tax(0.4)(3.5)(1.5)(45.0)
 Net earnings (loss) from discontinued operations, net of tax1.1 (6.4)(1.1)(153.5)
Net earnings (loss)$137.9 $(239.3)$277.6 $(198.1)
Earnings (loss) per common share:
Basic
Earnings (loss) from continuing operations$1.72 $(2.74)$3.51 $(0.52)
Earnings (loss) from discontinued operations0.02 (0.08)(0.02)(1.77)
Net earnings (loss)$1.74 $(2.82)$3.49 $(2.29)
Diluted
Earnings (loss) from continuing operations$1.71 $(2.74)$3.49 $(0.52)
Earnings (loss) from discontinued operations0.02 (0.08)(0.02)(1.77)
Net earnings (loss)$1.73 $(2.82)$3.47 $(2.29)
Weighted average shares used for computation of:
Basic earnings (loss) per common share79.4 85.0 79.4 86.5 
Diluted earnings (loss) per common share79.8 85.0 79.9 86.5 
Comprehensive income$146.6 $53.9 $279.1 $111.7 
The Notes to Condensed Consolidated Financial Statements are an integral part of these condensed consolidated statements.
3

Table of Contents
BRUNSWICK CORPORATION
Condensed Consolidated Balance Sheets
(unaudited)

(in millions)September 26,
2020
December 31,
2019
September 28,
2019
Assets
Current assets  
Cash and cash equivalents, at cost, which approximates fair value$650.4 $320.3 $366.2 
Restricted cash9.1 11.6 11.6 
Short-term investments in marketable securities0.8 0.8 0.8 
Total cash and short-term investments in marketable securities660.3 332.7 378.6 
Accounts and notes receivable, less allowances of $11.1, $8.5 and $8.4
398.8 331.8 414.7 
Inventories
Finished goods347.6 554.3 532.3 
Work-in-process91.6 101.3 102.4 
Raw materials150.2 168.9 175.5 
Net inventories589.4 824.5 810.2 
Prepaid expenses and other32.7 36.8 90.1 
Current assets1,681.2 1,525.8 1,693.6 
Property   
Land17.6 17.8 17.8 
Buildings and improvements426.4 415.4 403.9 
Equipment1,141.4 1,090.1 1,061.7 
Total land, buildings and improvements and equipment1,585.4 1,523.3 1,483.4 
Accumulated depreciation(912.9)(863.8)(849.4)
Net land, buildings and improvements and equipment672.5 659.5 634.0 
Unamortized product tooling costs146.6 136.9 129.7 
Net property819.1 796.4 763.7 
Other assets   
Goodwill416.3 415.0 414.0 
Other intangibles, net559.6 583.5 591.0 
Operating lease assets82.0 83.2 82.4 
Deferred income tax asset93.7 118.7 67.4 
Equity investments25.5 29.5 27.8 
Other long-term assets13.4 12.3 14.5 
Other assets1,190.5 1,242.2 1,197.1 
Total assets$3,690.8 $3,564.4 $3,654.4 
The Notes to Condensed Consolidated Financial Statements are an integral part of these condensed consolidated statements.
4

Table of Contents
BRUNSWICK CORPORATION
Condensed Consolidated Balance Sheets
(unaudited)

(in millions)September 26,
2020
December 31,
2019
September 28,
2019
Liabilities and shareholders’ equity  
Current liabilities  
Short-term debt and current maturities of long-term debt$48.4 $41.3 $48.5 
Accounts payable392.9 393.5 347.6 
Accrued expenses508.3 509.6 507.9 
Current liabilities949.6 944.4 904.0 
Long-term liabilities   
Debt1,013.2 1,068.0 1,083.0 
Operating lease liabilities69.3 70.1 69.7 
Postretirement benefits71.9 73.6 68.1 
Other128.6 107.4 111.4 
Long-term liabilities1,283.0 1,319.1 1,332.2 
Shareholders’ equity   
   Common stock; authorized: 200,000,000 shares, $0.75 par value; issued:
     102,538,000 shares; outstanding: 78,421,000, 79,569,000 and 82,406,000 shares
76.9 76.9 76.9 
Additional paid-in capital377.0 369.2 367.3 
Retained earnings2,151.7 1,931.3 1,883.5 
Treasury stock, at cost: 24,117,000, 22,969,000 and 20,132,000 shares
(1,095.5)(1,023.1)(856.2)
Accumulated other comprehensive loss(51.9)(53.4)(53.3)
Shareholders’ equity
1,458.2 1,300.9 1,418.2 
Total liabilities and shareholders’ equity$3,690.8 $3,564.4 $3,654.4 
The Notes to Condensed Consolidated Financial Statements are an integral part of these condensed consolidated statements.
5

Table of Contents
BRUNSWICK CORPORATION
Condensed Consolidated Statements of Cash Flows
(unaudited)

 Nine Months Ended
(in millions)September 26,
2020
September 28,
2019
Cash flows from operating activities  
Earnings (loss)$277.6 $(198.1)
Less: net loss from discontinued operations, net of tax(1.1)(153.5)
Net earnings (loss) from continuing operations, net of tax278.7 (44.6)
Stock compensation expense19.6 12.2 
Depreciation and amortization110.5 101.5 
Pension expense, net of (funding)(2.8)291.6 
Asset impairment charges0.7 2.9 
Deferred income taxes26.5 (12.1)
Changes in certain current assets and current liabilities166.0 (197.2)
Extended warranty contracts and other deferred revenue10.9 8.6 
Income taxes8.8 87.2 
Other, net18.5 4.1 
Net cash provided by operating activities of continuing operations637.4 254.2 
Net cash provided by (used for) operating activities of discontinued operations3.5 (37.9)
Net cash provided by operating activities640.9 216.3 
Cash flows from investing activities  
Capital expenditures(120.6)(178.4)
Investments2.5 4.7 
Acquisition of businesses, net of cash acquired (64.1)
Proceeds from the sale of property, plant and equipment2.0 6.4 
Net cash used for investing activities of continuing operations(116.1)(231.4)
Net cash (used for) provided by investing activities of discontinued operations(7.5)481.9 
Net cash (used for) provided by investing activities(123.6)