Brunswick Corporation Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2018

The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2018:



(in millions)	Level 1		Level 2		Total
Assets:
Short-term investments in marketable securities	$	0.8	$	—	$	0.8
Restricted cash	9.4		—		9.4
Derivatives	—		9.2		9.2
Total assets	$	10.2	$	9.2	$	19.4

Liabilities:
Derivatives	$	—	$	7.0	$	7.0
Deferred compensation	3.9		30.0		33.9
Total liabilities at fair value	$	3.9	$	37.0	$	40.9
Liabilities measured at net asset value					10.3
Total liabilities					$	51.2

The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2017:



(in millions)	Level 1		Level 2		Total
Assets:
Cash equivalents	$	34.4	$	—	$	34.4
Short-term investments in marketable securities	0.8		—		0.8
Restricted cash	9.4		—		9.4
Derivatives	—		6.0		6.0
Total assets	$	44.6	$	6.0	$	50.6

Liabilities:
Derivatives	$	—	$	7.7	$	7.7
Deferred compensation	4.0		30.1		34.1
Total liabilities at fair value	$	4.0	$	37.8	$	41.8
Liabilities measured at net asset value					11.8
Total liabilities					$	53.6

The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis as of July 1, 2017:



(in millions)	Level 1		Level 2		Total
Assets:
Cash equivalents	$	1.4	$	—	$	1.4
Short-term investments in marketable securities	0.8		—		0.8
Restricted cash	10.7		—		10.7
Derivatives	—		7.7		7.7
Total assets	$	12.9	$	7.7	$	20.6

Liabilities:
Derivatives	$	—	$	5.2	$	5.2
Deferred compensation	4.6		29.9		34.5
Total liabilities at fair value	$	4.6	$	35.1	$	39.7
Liabilities measured at net asset value					11.3
Total liabilities					$	51.0