
|
Exhibit
99.2
|
|||||||
|
Brunswick
Corporation
|
|||||||
|
Comparative
Consolidated Condensed Statements of Cash Flows
|
|||||||
|
(in
millions)
|
|||||||
|
(unaudited)
|
|||||||
|
Three
Months
Ended
March 31
|
|||||||
|
2006
|
2005
|
||||||
|
Cash
flows from operating activities
|
|||||||
|
Net
earnings
|
$
|
67.4
|
$
|
94.6
|
|||
|
Depreciation
and amortization
|
42.4
|
38.4
|
|||||
|
Changes
in noncash current assets and current liabilities
|
(232.9
|
)
|
(213.1
|
)
|
|||
|
Income
taxes and other, net
|
31.5
|
10.8
|
|||||
|
Net
cash provided by (used for) operating
activities
|
(91.6
|
)
|
(69.3
|
)
|
|||
|
Cash
flows from investing activities
|
|||||||
|
Capital
expenditures
|
(56.3
|
)
|
(32.5
|
)
|
|||
|
Acquisitions
of businesses, net of cash and debt acquired
|
(62.9
|
)
|
(13.7
|
)
|
|||
|
Investments
|
(7.1
|
)
|
(8.1
|
)
|
|||
|
Proceeds
from sale of property, plant and equipment
|
5.1
|
6.0
|
|||||
|
Proceeds
from investment sale (1)
|
-
|
57.9
|
|||||
|
Net
cash provided by (used for) investing
activities
|
(121.2
|
)
|
9.6
|
||||
|
Cash
flows from financing activities
|
|||||||
|
Net
issuances (repayments) of commercial paper and
|
|||||||
|
other
short-term debt
|
-
|
(4.0
|
)
|
||||
|
Payments
of long-term debt including current maturities
|
(0.3
|
)
|
(1.3
|
)
|
|||
|
Stock
repurchases
|
(61.8
|
)
|
-
|
||||
|
Stock
options exercised
|
3.7
|
4.9
|
|||||
|
Net
cash provided by (used for) financing
activities
|
(58.4
|
)
|
(0.4
|
)
|
|||
|
Net
increase (decrease) in cash and cash equivalents
|
(271.2
|
)
|
(60.1
|
)
|
|||
|
Cash
and cash equivalents at January 1
|
487.7
|
499.8
|
|||||
|
Cash
and cash equivalents at March 31
|
$
|
216.5
|
$
|
439.7
|
|||
|
Free
Cash Flow
|
|||||||
|
Net
cash provided by (used for) operating
activities
|
$
|
(91.6
|
)
|
$
|
(69.3
|
)
|
|
|
Net
cash provided by (used for):
|
|||||||
|
Capital
expenditures
|
(56.3
|
)
|
(32.5
|
)
|
|||
|
Proceeds
from investment sale (1)
|
-
|
57.9
|
|||||
|
Other,
net
|
5.1
|
6.0
|
|||||
|
Total
Free Cash Flow
|
$
|
(142.8
|
)
|
$
|
(37.9
|
)
|
|
|
(1)
|
Pre-tax
proceeds from the sale of the Company's investment in MarineMax,
Inc., net
of selling
costs.
|
||