Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v2.4.0.6
Commitments and Contingencies (Tables)
 12 Months Ended
Dec. 31, 2011
Commitments and Contingencies [Abstract]  
Schedule of potential amount of cash payments to third parties associated with recourse exposure
The potential cash obligations associated with these customer financing arrangements as of December 31, 2011 and 2010 were:

   
Single Year Obligation
    
Maximum Obligation
  
(in millions)
  
2011
    
2010
    
2011
    
2010
  
                         
Marine Engine
   $ 7.4     $ 6.0     $ 7.4     $ 6.0  
Boat
     2.1       3.2       2.1       3.2  
Fitness
     27.5       28.1       31.3       43.6  
Bowling & Billiards
     2.5       5.4       4.6       11.8  
                                 
Total
   $ 39.5     $ 42.7     $ 45.4     $ 64.6  
Schedule of potential cash payments to third parties associated with repurchase exposure
The potential cash payments the Company could be required to make to repurchase collateral as of December 31, 2011 and 2010 were:
 
   
Single Year Obligation
    
Maximum Obligation
  
(in millions)
  
2011
    
2010
    
2011
    
2010
  
                         
Marine Engine
   $ 2.2     $ 2.6     $ 2.2     $ 2.6  
Boat
     82.9       86.3       102.9       106.3  
Bowling & Billiards
     0.3       0.2       0.3       0.2  
                                 
Total
   $ 85.4     $ 89.1     $ 105.4     $ 109.1  
Schedule of product warranty liabilities
The following activity related to product warranty liabilities was recorded in Accrued expenses at December 31:

(in millions)
  
2011
    
2010
  
             
Balance at January 1
   $ 151.3     $ 139.8  
Payments made
     (82.2 )     (89.4 )
Provisions/additions for contracts issued/sold
     62.5       101.1  
Aggregate changes for preexisting warranties
     1.6       (0.2 )
                 
Balance at December 31
   $ 133.2     $ 151.3