Brunswick Corporation Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

3 Months Ended

Apr. 04, 2015

The following table summarizes Brunswick’s financial assets and liabilities measured at fair value on a recurring basis as of April 4, 2015:



(in millions)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents	$	111.3	$	34.5	$	—	$	145.8
Short-term investments in marketable securities	0.8		57.0		—		57.8
Restricted cash	15.6		—		—		15.6
Derivatives	—		15.8		—		15.8
Total assets	$	127.7	$	107.3	$	—	$	235.0

Liabilities:
Derivatives	$	—	$	5.1	$	—	$	5.1
Other	7.0		47.2		—		54.2
Total liabilities	$	7.0	$	52.3	$	—	$	59.3

The following table summarizes Brunswick’s financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2014:



(in millions)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents	$	130.7	$	126.8	$	—	$	257.5
Short-term investments in marketable securities	9.7		73.5		—		83.2
Restricted cash	15.6		—		—		15.6
Derivatives	—		11.1		—		11.1
Total assets	$	156.0	$	211.4	$	—	$	367.4

Liabilities:
Derivatives	$	—	$	3.6	$	—	$	3.6
Other	4.0		48.8		—		52.8
Total liabilities	$	4.0	$	52.4	$	—	$	56.4

The following table summarizes Brunswick’s financial assets and liabilities measured at fair value on a recurring basis as of March 29, 2014:



(in millions)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents	$	68.8	$	1.0	$	—	$	69.8
Short-term investments in marketable securities	0.8		—		—		0.8
Restricted cash	8.9		—		—		8.9
Derivatives	—		2.2		—		2.2
Total assets	$	78.5	$	3.2	$	—	$	81.7

Liabilities:
Derivatives	$	—	$	3.1	$	—	$	3.1
Other	4.3		44.7		—		49.0
Total liabilities	$	4.3	$	47.8	$	—	$	52.1