Annual report pursuant to Section 13 and 15(d)

Schedule II - Valuation and Qualifying Accounts

v2.4.0.8
Schedule II - Valuation and Qualifying Accounts
 12 Months Ended
Dec. 31, 2013
Valuation and Qualifying Accounts [Abstract]  
Schedule II
BRUNSWICK CORPORATION

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
(in millions)


Allowances for
Losses on Receivables
 
Balance at
Beginning
of Year
 

Charges to
Profit and Loss
 
Write-offs
 
Recoveries
 
Other
 

Balance at
End of Year
2013
 
$
27.1

 
$
2.7

 
$
(7.5
)
 
$
0.7

 
$
(1.0
)
 
$
22.0

 
 
 
 
 
 
 
 
 
 
 
 
 
2012
 
$
31.0

 
$
0.9

 
$
(7.8
)
 
$
0.8

 
$
2.2

 
$
27.1

 
 
 
 
 
 
 
 
 
 
 
 
 
2011
 
$
37.6

 
$
(3.2
)
 
$
(6.8
)
 
$
0.7

 
$
2.7

 
$
31.0



Deferred Tax Asset
Valuation Allowance
 
Balance at
Beginning
of Year
 

Charges to
Profit and Loss(A)
 
Write-offs
 
Recoveries
 


Other(A)
 

Balance at
End of Year
2013
 
$
717.5

 
$
(601.5
)
 
$
(15.8
)
 
$
—

 
$
(12.0
)
 
$
88.2

 
 
 
 
 
 
 
 
 
 
 
 
 
2012
 
$
728.4

 
$
(31.2
)
 
$
(8.3
)
 
$
—

 
$
28.6

 
$
717.5

 
 
 
 
 
 
 
 
 
 
 
 
 
2011
 
$
688.3

 
$
(6.1
)
 
$
(12.2
)
 
$
0.4

 
$
58.0

 
$
728.4


(A) For the year ended December 31, 2013, the deferred tax asset valuation allowance decreased mainly as a result of the release of $599.5 million of the valuation allowance that, due to significant positive evidence, was no longer required. For the year ended December 31, 2012, the deferred tax asset valuation allowance decreased mainly as a result of tax loss carryforwards being utilized. For the year ended December 31, 2011, the deferred tax asset valuation allowance increased as a result of pension remeasurement, which is recorded in Total accumulated other comprehensive loss, and tax credits for which no tax benefit could be recorded.