Quarterly report pursuant to Section 13 or 15(d)

Segment Data

v3.19.3
Segment Data
 9 Months Ended
Sep. 28, 2019
Segment Reporting [Abstract]  
Segment Data Segment Data

Reportable 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 nine months ended September 28, 2019 and September 29, 2018:
 
Net Sales
 
Operating Earnings (Loss)
 
Three Months Ended
 
Nine Months Ended
 
Three Months Ended
 
Nine Months Ended
(in millions)
Sep 28,
2019
 
Sep 29,
2018
 
Sep 28,
2019
 
Sep 29,
2018
 
Sep 28,
2019
 
Sep 29,
2018
 
Sep 28,
2019
 
Sep 29,
2018
Marine Engine
$
770.2

 
$
802.7

 
$
2,407.7

 
$
2,324.1

 
$
135.8

 
$
128.1

 
$
413.3

 
$
372.9

Boat
277.1

 
322.6

 
1,017.0

 
1,094.0

 
3.7

 
(5.0
)
 
46.5

 
(22.8
)
Marine eliminations
(70.7
)
 
(81.2
)
 
(233.9
)
 
(258.3
)
 
—

 
—

 
—

 
—

Total Marine
976.6

 
1,044.1

 
3,190.8

 
3,159.8

 
139.5

 
123.1

 
459.8

 
350.1

Corporate/Other
—

 
—

 
—

 
—

 
(19.8
)
 
(24.9
)
 
(63.3
)
 
(64.3
)
Total
$
976.6

 
$
1,044.1

 
$
3,190.8

 
$
3,159.8

 
$
119.7

 
$
98.2

 
$
396.5

 
$
285.8



The following table sets forth total assets of each of the Company's reportable segments:
 
Total Assets
(in millions)
September 28,
2019
 
December 31,
2018
 
September 29,
2018
Marine Engine
$
2,557.2

 
$
2,380.9

 
$
2,304.2

Boat (A)
474.9

 
423.2

 
420.6

     Total Marine
3,032.1

 
2,804.1

 
2,724.8

Corporate/Other
622.3

 
508.8

 
513.3

Total (B)
$
3,654.4

 
$
3,312.9

 
$
3,238.1



(A) As of September 28, 2019, December 31, 2018 and September 29, 2018, the Company had $3.0 million, $8.9 million and $9.1 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  September 28, 2019 and recorded within Long term assets held for sale as of December 31, 2018 and September 29, 2018.
(B) As of December 31, 2018 and September 29, 2018, the Company had $978.6 million and $983.9 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.