v3.25.2
Goodwill and Intangibles (Tables)
 6 Months Ended
Jun. 28, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill [Table Text Block]
Changes in the Company's goodwill during the six months ended June 28, 2025 and June 29, 2024, by segment, are summarized below:
(in millions)PropulsionEngine P&ANavico GroupBoatTotal
December 31, 2024$50.8 $232.6 $513.4 $169.3 $966.1 
Adjustments3.0 0.7 15.8 0.5 20.0 
June 28, 2025$53.8 $233.3 $529.2 $169.8 $986.1 
December 31, 2023$54.1 $233.0 $599.7 $143.9 $1,030.7 
Adjustments(2.1)(0.2)(3.0)(1.3)(6.6)
June 29, 2024$52.0 $232.8 $596.7 $142.6 $1,024.1 
Schedule of Other Intangible Assets [Table Text Block]
The Company's intangible assets, included within Other intangibles, net on the Condensed Consolidated Balance Sheets as of June 28, 2025, December 31, 2024, and June 29, 2024, are summarized by intangible asset type below:
June 28, 2025December 31, 2024June 29, 2024
(in millions)Gross AmountAccumulated AmortizationGross AmountAccumulated AmortizationGross AmountAccumulated Amortization
Intangible assets:
  Customer relationships$917.3 $(499.0)$909.4 $(473.5)$906.0 $(451.2)
  Trade names305.7 — 304.2 — 310.8 — 
  Developed technology 167.2 (41.3)166.8 (35.6)167.3 (29.9)
  Other127.7 (78.2)113.7 (66.7)98.9 (53.8)
    Total$1,517.9 $(618.5)$1,494.1 $(575.8)$1,483.0 $(534.9)
Other intangible assets primarily consist of software, patents, and franchise agreements. Gross amounts and related accumulated amortization amounts include adjustments related to the impact of foreign currency translation. Aggregate amortization expense for intangibles was $20.1 million and $39.3 million for the three and six months ended June 28, 2025, respectively. Aggregate amortization expense for intangibles was $17.9 million and $35.8 million for the three and six months ended June 29, 2024, respectively.