Annual report pursuant to Section 13 and 15(d)

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

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Acquisitions Schedule of assets acquired, liabilities assumed and cash consideration paid (Tables)
 12 Months Ended
Dec. 31, 2021
Business Combinations [Abstract]  
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, net of cash acquired, for the Navico acquisition:
(in millions) Fair Value Useful Life
Accounts and notes receivable $ 59.3 
Inventory 161.7 
Goodwill (A)
435.5 
Trade names 133.0  Indefinite
Developed technology 160.0  15 years
Customer relationships 185.0  15 years
Property and equipment 46.1 
Other assets 26.9 
Total assets acquired 1,207.5 
Accounts payable 66.0 
Accrued expenses 45.1 
Other liabilities 24.0 
Total liabilities assumed 135.1 
Net cash consideration paid, net of cash acquired $ 1,072.4 

(A) The goodwill recorded for the acquisition of Navico is partially deductible for tax purposes.
Business Acquisition, Pro Forma Information [Table Text Block]
(in millions) Year Ended
 December 31, 2021		 Year Ended
 December 31, 2020
Pro forma Net sales $ 6,212.3  $ 4,694.0 
Pro forma Net earnings 633.6  322.4