v3.25.2
Segment Data
 6 Months Ended
Jun. 28, 2025
Segment Reporting [Abstract]  
Segment Data Segment Information
Information about the operations of Brunswick's reportable and geographic segments is set forth below:
Three Months Ended June 28, 2025
(in millions)PropulsionEngine P&ANavico GroupBoatCorporate/OtherTotal
Net sales (A)
$525.0 $335.9 $180.7 $405.4 $— $1,447.0 
Cost of sales (B)
391.6 233.0 116.5 338.3 — 1,079.4 
Operating expenses (C)
67.6 31.2 71.8 56.0 37.7 264.3 
Operating earnings$65.8 $71.7 $(7.6)$11.1 $(37.7)$103.3 

(A) Net sales includes $73.2 million, $1.9 million, $21.6 million and $0.2 million of segment eliminations for the Propulsion, Engine P&A, Navico Group and Boat reportable segments, respectively.
(B) Includes $2.1 million of Cost of sales related Restructuring, exit and impairment charges.
(C) Includes $216.6 million of Selling, general and administrative expense, $41.8 million of Research and development expense and $5.9 million of Restructuring, exit and impairment charges.
Three Months Ended June 29, 2024
(in millions)PropulsionEngine P&ANavico GroupBoatCorporate/OtherTotal
Net sales (A)
$486.5 $334.1 $189.1 $434.2 $— $1,443.9 
Cost of sales (B)
341.6 232.5 125.7 359.4 — 1,059.2 
Operating expenses (C)
59.3 26.0 66.4 50.0 24.7 226.4 
Operating earnings$85.6 $75.6 $(3.0)$24.8 $(24.7)$158.3 

(A) Net sales includes $71.5 million, $2.0 million and $21.0 million of segment eliminations for the Propulsion, Engine P&A and Navico Group reportable segments, respectively.
(B) Includes $6.3 million of Cost of sales related Restructuring, exit and impairment charges.
(C) Includes $181.8 million of Selling, general and administrative expense, $43.0 million of Research and development expense and $1.6 million of Restructuring, exit and impairment charges.

Six Months Ended June 28, 2025
(in millions)PropulsionEngine P&ANavico GroupBoatCorporate/OtherTotal
Net sales (A)
$938.7 $588.8 $364.2 $777.1 $— $2,668.8 
Cost of sales (B)
699.5 418.3 233.2 647.0 — 1,998.0 
Operating expenses (C)
127.3 59.7 141.4 111.3 71.5 511.2 
Operating earnings$111.9 $110.8 $(10.4)$18.8 $(71.5)$159.6 

(A) Net sales includes $146.5 million, $4.3 million, $46.3 million and $0.6 million of segment eliminations for the Propulsion, Engine P&A, Navico Group and Boat reportable segments, respectively.
(B) Includes $2.8 million of Cost of sales related Restructuring, exit and impairment charges.
(C) Includes $424.6 million of Selling, general and administrative expense, $80.3 million of Research and development expense and $6.3 million of Restructuring, exit and impairment charges.

Six Months Ended June 29, 2024
(in millions)PropulsionEngine P&ANavico GroupBoatCorporate/OtherTotal
Net sales (A)
$982.3 $594.8 $371.9 $859.9 $— $2,808.9 
Cost of sales (B)
681.5 430.1 240.1 702.5 — 2,054.2 
Operating expenses (C)
132.4 55.9 137.2 103.2 57.1 485.8 
Operating earnings$168.4 $108.8 $(5.4)$54.2 $(57.1)$268.9 

(A) Net sales includes $153.9 million, $3.7 million and $49.1 million of segment eliminations for the Propulsion, Engine P&A and Navico Group reportable segments, respectively.
(B) Includes $9.9 million of Cost of sales related Restructuring, exit and impairment charges.
(C) Includes $385.5 million of Selling, general and administrative expense, $88.8 million of Research and development expense and $11.5 million of Restructuring, exit and impairment charges.

Depreciation
Three Months EndedSix Months Ended
(in millions)June 28, 2025June 29, 2024June 28, 2025June 29, 2024
Propulsion$30.8 $31.6 $60.6 $62.4 
Engine P&A4.1 3.8 8.1 7.5 
Navico Group3.2 2.9 5.9 6.1 
Boat13.7 12.9 26.9 25.5 
Corporate/Other1.2 1.3 2.4 2.5 
Total$53.0 $52.5 $103.9 $104.0 
Amortization
Three Months EndedSix Months Ended
(in millions)June 28, 2025June 29, 2024June 28, 2025June 29, 2024
Propulsion$2.1 $1.5 $4.0 $3.1 
Engine P&A0.3 0.2 0.5 0.4 
Navico Group15.1 14.0 29.6 27.9 
Boat1.5 1.4 3.0 2.8 
Corporate/Other1.1 0.8 2.2 1.6 
Total$20.1 $17.9 $39.3 $35.8 
 Total Assets
(in millions)June 28, 2025December 31, 2024June 29, 2024
Propulsion$1,469.7 $1,507.3 $1,742.4 
Engine P&A886.7 803.5 869.9 
Navico Group1,875.6 1,877.6 1,995.0 
Boat902.1 868.3 891.8 
Corporate/Other660.2 621.0 896.6 
Total$5,794.3 $5,677.7 $6,395.7 
Capital Expenditures
Three Months EndedSix Months Ended
(in millions)June 28, 2025June 29, 2024June 28, 2025June 29, 2024
Propulsion$21.4 $23.8 $36.6 $51.1 
Engine P&A4.0 2.3 6.2 5.8 
Navico Group4.9 5.6 7.4 9.6 
Boat13.4 12.7 29.3 29.8 
Corporate/Other1.2 2.7 3.1 4.8 
Total$44.9 $47.1 $82.6 $101.1 
Research & Development Expense
Three Months EndedSix Months Ended
(in millions)June 28, 2025June 29, 2024June 28, 2025June 29, 2024
Propulsion$21.4 $21.4 $39.9 $45.2 
Engine P&A0.3 0.5 0.7 0.7 
Navico Group11.6 12.8 23.0 25.3 
Boat7.5 6.1 14.7 12.9 
Corporate/Other1.0 2.2 2.0 4.7 
Total$41.8 $43.0 $80.3 $88.8 
 Net Sales
Three Months EndedSix Months Ended
(in millions)June 28, 2025June 29, 2024June 28, 2025June 29, 2024
United States$976.4 $974.9 $1,794.5 $1,891.9 
International470.6 469.0 874.3 917.0 
Total$1,447.0 $1,443.9 $2,668.8 $2,808.9 
Net Property
(in millions)June 28, 2025December 31, 2024June 29, 2024
United States$1,112.3 $1,127.8 $1,174.3 
International110.0 105.2 105.6 
Corporate/Other16.2 18.5 20.4 
Total$1,238.5 $1,251.5 $1,300.3