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

Fair Value Measurements (Tables)

9 Months Ended

Sep. 27, 2014

The following table summarizes Brunswick’s financial assets and liabilities measured at fair value on a recurring basis as of September 27, 2014:



(in millions)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents	$	328.2	$	1.0	$	—	$	329.2
Short-term investments in marketable securities	0.8		—		—		0.8
Restricted cash	18.6		—		—		18.6
Derivatives	—		8.2		—		8.2
Total assets	$	347.6	$	9.2	$	—	$	356.8

Liabilities:
Derivatives	$	—	$	4.3	$	—	$	4.3
Other	7.8		44.1		—		51.9
Total liabilities	$	7.8	$	48.4	$	—	$	56.2

The following table summarizes Brunswick’s financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2013:



(in millions)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents	$	119.7	$	59.7	$	—	$	179.4
Short-term investments in marketable securities	0.8		11.9		—		12.7
Restricted cash	6.5		—		—		6.5
Derivatives	—		2.6		—		2.6
Total assets	$	127.0	$	74.2	$	—	$	201.2

Liabilities:
Derivatives	$	—	$	4.4	$	—	$	4.4
Other	4.4		46.6		—		51.0
Total liabilities	$	4.4	$	51.0	$	—	$	55.4

The following table summarizes Brunswick’s financial assets and liabilities measured at fair value on a recurring basis as of September 28, 2013:



(in millions)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents	$	150.9	$	9.9	$	—	$	160.8
Short-term investments in marketable securities	0.8		21.5		—		22.3
Restricted cash	13.0		—		—		13.0
Derivatives	—		1.6		—		1.6
Equity investments	0.6		—		—		0.6
Total assets	$	165.3	$	33.0	$	—	$	198.3

Liabilities:
Derivatives	$	—	$	6.0	$	—	$	6.0
Other	3.8		45.0		—		48.8
Total liabilities	$	3.8	$	51.0	$	—	$	54.8