Brunswick Corporation Annual report pursuant to Section 13 and 15(d)

Acquisitions Schedule of assets acquired, liabilities assumed and cash consideration paid (Tables)

Acquisitions Schedule of assets acquired, liabilities assumed and cash consideration paid (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The following table is a summary of the assets acquired, liabilities assumed and net cash consideration paid for the Power Products acquisition during 2018:



(in millions)	Fair Value		Useful Life
Accounts and notes receivable	$	38.3
Inventory	64.3
Goodwill ^(A)	344.2
Trade names	111.0		Indefinite
Customer relationships	430.0		15 years
Property and equipment	10.6
Other assets	5.6
Total assets acquired	1,004.0

Accounts payable	23.5
Accrued expenses	16.2
Deferred tax liabilities	54.7
Total liabilities assumed	94.4

Net cash consideration paid ^(B)	$	909.6

(A) The goodwill recorded for the acquisition of Power Products is partially deductible for tax purposes.

(B) Net cash consideration paid includes a purchase price adjustment of $0.4 million.

Business Acquisition, Pro Forma Information [Table Text Block]



	Years Ended December 31
(in millions)	2018		2017
Pro forma Net sales	$	5,309.4	$	5,048.9
Pro forma Operating earnings	409.5		296.9
Pro forma Net earnings	283.8		125.7

Summary of the Net Cash Consideration Paid and the Goodwill and Intangible Assets Acquired by Year [Table Text Block]

The following table is a summary of the net cash consideration paid and the goodwill and intangible assets acquired during the years ended December 31, 2018 and 2017:



(in millions)					Fair Value of Identifiable Intangible Assets Acquired
Year	Net Cash Consideration Paid		Goodwill		Total		Intangible Asset			Useful Life
2018	$	909.6	$	344.2	$	541.0	Trade names	$	111.0	Indefinite
							Customer relationships	430.0		15 years
2017	15.5		5.5		4.6		Trade names	1.4		Indefinite
							Customer relationships	3.2		15 years