Annual report pursuant to Section 13 and 15(d)

Financial Services (Details)

Financial Services (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Maximum loss exposure relating to joint venture [Abstract]      
Investment $ 14.0 $ 10.8  
Maximum loss exposure repurchase and recourse obligations [1] 36.8 37.3  
Liabilities [2] 1.4 1.6  
Total maximum loss exposure $ 49.4 46.5  
BAC [Member]      
Financial Services [Line Items]      
Percent of ownership held by BFS in BAC joint venture 49.00%    
Percentage of ownership held by third party in joint venture 51.00%    
Amount of secured borrowing facility funded for joint venture $ 1,000.0    
Total investment of subsidiary in joint venture 14.0 10.8  
Amount of recorded income from joint venture investment $ 4.6 $ 6.0 $ 3.7
[1] Repurchase and recourse obligations are off-balance sheet obligations provided by the Company for the Boat and Marine Engine segments, respectively, and are included within the Maximum Potential Obligations disclosed in Note 13 – Commitments and Contingencies. Repurchase and recourse obligations include a North American repurchase agreement with GECDF and could be reduced by repurchase activity occurring under other similar agreements with GECDF and affiliates. The Company’s risk under these repurchase arrangements is partially mitigated by the value of the products repurchased as part of the transaction. Amounts above exclude any potential recoveries from the value of the repurchased product.
[2] Represents accrued amounts for potential losses related to recourse exposure and the Company’s expected losses on obligations to repurchase products, after giving effect to proceeds anticipated to be received from the resale of these products to alternative dealers.