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

Fair Value Measurements (Tables)

6 Months Ended

Jun. 28, 2014

The following table summarizes Brunswick’s financial assets and liabilities measured at fair value on a recurring basis as of June 28, 2014:



(in millions)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents	$	140.6	$	1.0	$	—	$	141.6
Short-term investments in marketable securities	0.8		—		—		0.8
Restricted cash	18.6		—		—		18.6
Derivatives	—		2.9		—		2.9
Total assets	$	160.0	$	3.9	$	—	$	163.9

Liabilities:
Derivatives	$	—	$	5.0	$	—	$	5.0
Other	4.7		47.0		—		51.7
Total liabilities	$	4.7	$	52.0	$	—	$	56.7

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	—		2.7		—		2.7
Total assets	$	127.0	$	74.3	$	—	$	201.3

Liabilities:
Derivatives	$	—	$	4.5	$	—	$	4.5
Other	4.6		47.8		—		52.4
Total liabilities	$	4.6	$	52.3	$	—	$	56.9

The following table summarizes Brunswick’s financial assets and liabilities measured at fair value on a recurring basis as of June 29, 2013:



(in millions)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents	$	169.5	$	—	$	—	$	169.5
Short-term investments in marketable securities	0.8		1.9		—		2.7
Restricted cash	13.0		—		—		13.0
Derivatives	—		4.9		—		4.9
Equity investments	0.8		—		—		0.8
Total assets	$	184.1	$	6.8	$	—	$	190.9

Liabilities:
Derivatives	$	—	$	4.7	$	—	$	4.7
Other	7.5		38.6		—		46.1
Total liabilities	$	7.5	$	43.3	$	—	$	50.8