Quarterly report pursuant to Section 13 or 15(d)

Segment Data (Tables)

v3.19.2
Segment Data (Tables)
 6 Months Ended
Jun. 29, 2019
Segment Reporting [Abstract]  
Operating Segments
The following table sets forth net sales and operating earnings (loss) of each of the Company's reportable segments for the three months and six months ended June 29, 2019 and June 30, 2018:
 
Net Sales
 
Operating Earnings (Loss)
 
Three Months Ended
 
Six Months Ended
 
Three Months Ended
 
Six Months Ended
(in millions)
June 29,
2019
 
June 30,
2018
 
June 29,
2019
 
June 30,
2018
 
June 29,
2019
 
June 30,
2018
 
June 29,
2019
 
June 30,
2018
Marine Engine
$
871.5

 
$
834.3

 
$
1,637.5

 
$
1,521.4

 
$
164.6

 
$
149.1

 
$
277.5

 
$
244.8

Boat
366.6

 
394.9

 
739.9

 
771.4

 
20.8

 
(32.2
)
 
42.8

 
(17.8
)
Marine eliminations
(74.6
)
 
(80.5
)
 
(163.2
)
 
(177.1
)
 
—

 
—

 
—

 
—

Total Marine
1,163.5

 
1,148.7

 
2,214.2

 
2,115.7

 
185.4

 
116.9

 
320.3

 
227.0

Corporate/Other
—

 
—

 
—

 
—

 
(22.7
)
 
(23.8
)
 
(43.5
)
 
(39.4
)
Total
$
1,163.5

 
$
1,148.7

 
$
2,214.2

 
$
2,115.7

 
$
162.7

 
$
93.1

 
$
276.8

 
$
187.6



The following table sets forth total assets of each of the Company's reportable segments:
 
Total Assets
(in millions)
June 29,
2019
 
December 31,
2018
 
June 30,
2018
Marine Engine
$
2,611.0

 
$
2,380.9

 
$
1,345.7

Boat (A)
476.8

 
423.2

 
408.1

     Total Marine
3,087.8

 
2,804.1

 
1,753.8

Corporate/Other
953.0

 
508.8

 
695.2

Total (B)
$
4,040.8

 
$
3,312.9

 
$
2,449.0



(A) As of June 29, 2019, December 31, 2018 and June 30, 2018, the Company had $3.0 million, $8.9 million and $6.3 million, respectively, of assets classified as held for sale which were not related to discontinued operations. These assets were recorded within Net Property as of  June 29, 2019 and recorded within Long term assets held for sale as of December 31, 2018 and June 30, 2018.
(B) As of December 31, 2018 and June 30, 2018, the Company had $978.6 million and $987.7 million, respectively, of assets classified as held for sale in the Condensed Consolidated Balance Sheets relating to discontinued operations. See Note 3 – Discontinued Operations for further details.