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

Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2012

The following table summarizes Brunswick’s financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2012:



(in millions)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents	$	94.7	$	12.7	$	—	$	107.4
Short-term investments in marketable securities	7.9		84.4		—		92.3
Long-term investments in marketable securities	52.1		—		—		52.1
Restricted cash	13.0		—		—		13.0
Derivatives	—		1.6		—		1.6
Equity investments	0.8		—		—		0.8
Total assets	$	168.5	$	98.7	$	—	$	267.2

Liabilities:
Derivatives	$	—	$	10.7	$	—	$	10.7
Other	8.7		36.0		—		44.7
Total liabilities	$	8.7	$	46.7	$	—	$	55.4

The following table summarizes Brunswick’s financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2011:



(in millions)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents	$	135.2	$	—	$	—	$	135.2
Short-term investments in marketable securities	5.5		71.2		—		76.7
Long-term investments in marketable securities	92.9		—		—		92.9
Restricted Cash	20.0		—		—		20.0
Derivatives	—		3.9		—		3.9
Equity investments	0.7		—		—		0.7
Total assets	$	254.3	$	75.1	$	—	$	329.4

Liabilities:
Derivatives	$	—	$	8.0	$	—	$	8.0
Other	5.9		28.1		—		34.0
Total liabilities	$	5.9	$	36.1	$	—	$	42.0