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Debt
 6 Months Ended
Jun. 28, 2025
Debt Disclosure [Abstract]  
Debt Disclosure [Text Block] Debt
The following table provides the changes in the Company's debt for the six months ended June 28, 2025:
(in millions)Short-term debt and current maturities of long-term debtLong-term debtTotal
Balance as of December 31, 2024
$242.8 $2,097.8 $2,340.6 
Proceeds from issuances of debt (A)
267.6 — 267.6 
Repayments of debt (B)
(339.1)(0.9)(340.0)
Reclassification of long-term debt1.5 (1.5)— 
Other3.8 2.1 5.9 
Balance as of June 28, 2025
$176.6 $2,097.5 $2,274.1 

(A) During 2025, the Company had short-term borrowings and repayments under its unsecured commercial paper program and borrowings outstanding of $170.0 million as of June 28, 2025.
(B) During 2025, the Company made the remaining principal repayments, totaling $125.0 million, of its 6.625% Senior Notes due 2049.

As of June 28, 2025, Brunswick was in compliance with the financial covenants associated with its debt.

2049 Notes

During the fourth quarter of 2024, the Company issued an irrevocable notice of redemption to the holders of its 6.625% Senior Notes due 2049 (2049 Notes). The 2049 Notes were redeemed in the first quarter of 2025 at a redemption price equal to 100 percent of the outstanding principal amount of $125.0 million plus accrued interest of $2.1 million in accordance with the redemption provision of the 2049 Notes. The Company recognized a loss on early extinguishment of debt of $3.7 million related to unamortized issuance costs. The Company financed the retirement of the 2049 Notes using commercial paper borrowings.

Credit Facility

The Company maintains a Revolving Credit Agreement (Credit Facility). During the six months ended June 28, 2025 and June 29, 2024, there were no borrowings under the Credit Facility. As of June 28, 2025, available borrowing capacity totaled $997.0 million, net of $3.0 million of letters of credit outstanding under the Credit Facility. As of June 29, 2024, available borrowing capacity totaled $747.0 million, net of $3.0 million of letters of credit outstanding under the Credit Facility. Refer to Note 14 in the Notes to Consolidated Financial Statements in the 2024 Form 10-K for details regarding Brunswick's Credit Facility.

Commercial Paper

The Company maintains an unsecured commercial paper program (CP Program) pursuant to which the Company may issue short-term, unsecured commercial paper notes (CP Notes). During the six months ended June 28, 2025, borrowings under the CP Program totaled $504.4 million. As of June 28, 2025, the Company had $170.0 million of borrowings outstanding under the CP Program with a weighted average interest rate of 5.15%. During the six months ended June 28, 2025, the maximum amount utilized under the CP Program was $445.5 million. During the six months ended June 29, 2024, borrowings under the CP Program totaled $425.0 million, all of which were repaid during the period. During the six months ended June 29, 2024, the maximum amount utilized under the CP Program was $225.0 million. Refer to Note 14 in the Notes to Consolidated Financial Statements in the 2024 Form 10-K for details regarding Brunswick's CP Program.