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

Fair Value Measurements (Tables)

9 Months Ended

Sep. 29, 2018

The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis as of September 29, 2018:



(in millions)	Level 1		Level 2		Total
Assets:
Short-term investments in marketable securities	$	0.8	$	—	$	0.8
Restricted cash	9.5		—		9.5
Derivatives	—		5.9		5.9
Total assets	$	10.3	$	5.9	$	16.2

Liabilities:
Derivatives	$	—	$	5.7	$	5.7
Deferred compensation	4.2		30.9		35.1
Total liabilities at fair value	$	4.2	$	36.6	$	40.8
Liabilities measured at net asset value					11.0
Total liabilities					$	51.8

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 September 30, 2017:



(in millions)	Level 1		Level 2		Total
Assets:
Cash equivalents	$	0.4	$	34.0	$	34.4
Short-term investments in marketable securities	0.8		—		0.8
Restricted cash	10.7		—		10.7
Derivatives	—		7.2		7.2
Total assets	$	11.9	$	41.2	$	53.1

Liabilities:
Derivatives	$	—	$	13.1	$	13.1
Deferred compensation	4.0		28.4		32.4
Total liabilities at fair value	$	4.0	$	41.5	$	45.5
Liabilities measured at net asset value					11.2
Total liabilities					$	56.7