Brunswick Corporation Annual report pursuant to Section 13 and 15(d)

[1]	See Note 5 - Fair Value Measurements for a description of levels within the fair value hierarchy. The level in the fair value hierarchy within which the fair value measurement is classified is determined based on the lowest level input that is significant to the fair value measurement in its entirety. A description of the valuation methodologies is provided following these tables. There were no significant transfers in and/or out of Level 1, Level 2 and Level 3 in 2010.
[2]	See Note 5 - Fair Value Measurements for a description of levels within the fair value hierarchy. The level in the fair value hierarchy within which the fair value measurement is classified is determined based on the lowest level input that is significant to the fair value measurement in its entirety. A description of the valuation methodologies is provided following these tables. There were no significant transfers in and/or out of Level 1, Level 2 and Level 3 in 2011.
[3]	The majority of equity assets are invested in two indexed funds based on the Russell 3000 Index (U.S.) and the MSCI EAFE Equity Index (International). The Trust did not directly own any of the Company's common stock as of December 31, 2011.
[4]	Effective June 2010, active equity managers were replaced with a passive equity manager. The majority of equity assets are invested in two indexed funds based on the Russell 3000 Index (U.S.) and the MSCI EAFE Equity Index (International). The Trust did not directly own any of the Company's common stock as of December 31, 2010.
[5]	Government securities are comprised primarily of U.S. Treasury bonds and other government securities.
[6]	Government securities are comprised primarily of U.S. Treasury bonds and to a lesser extent other government securities.
[7]	Corporate securities consist primarily of investment grade bonds issued by companies in diversified industries.
[8]	This class includes commingled funds that primarily invest in investment grade corporate securities and government-related securities. This class also includes investments in non-agency collateralized mortgage obligation and mortgage-backed securities, futures and options.
[9]	This class includes commingled funds that primarily invest in government-related securities and investment grade corporate securities. This class also includes nominal investments in non-agency collateralized mortgage obligation and mortgage-backed securities, futures and options.
[10]	This class represents a limited partnership real estate fund with investments in apartments. This fund was fully liquidated in 2011.
[11]	This class includes a small amount of derivatives (interest rate swaps, options and futures).
[12]	This class includes interest receivable and receivables/payables for securities sold/purchased.
[13]	This class includes dividends and interest receivable and receivables or payables for securities sold or purchased.
[14]	Range of discount rates in 2011 and 2009 reflects the remeasurements of pension and postretirement benefit costs during the year due to negative plan amendments and curtailments recognized.
[15]	Assumption used in determining pension benefit cost only.
[16]	The Company currently anticipates contributing approximately $75.0 million to fund the qualified pension plans and approximately $4.0 million to cover benefit payments in the unfunded, nonqualified pension plan in 2012. Company contributions are subject to change based on market conditions or Company discretion.