Goodwill and Intangibles (Tables)

6 Months Ended

Jul. 03, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill [Table Text Block]

Changes in the Company's goodwill during the six months ended July 3, 2021 and June 27, 2020, by segment, are summarized below:

(in millions)	Propulsion		Parts and Accessories		Boat		Total
December 31, 2020	$	15.3	$	372.5	$	29.9	$	417.7
Acquisitions	—		—		16.8		16.8
Adjustments	(0.2)		—		—		(0.2)
July 3, 2021	$	15.1	$	372.5	$	46.7	$	434.3
December 31, 2019	$	14.5	$	371.9	$	28.6	$	415.0
Adjustments	(0.2)		(0.3)		0.9		0.4
June 27, 2020	$	14.3	$	371.6	$	29.5	$	415.4

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 July 3, 2021, December 31, 2020 and June 27, 2020, are summarized by intangible asset type below:

	July 3, 2021				December 31, 2020				June 27, 2020
(in millions)	Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization
Intangible assets:
Customer relationships	$	687.6	$	(322.3)	$	687.7	$	(306.4)	$	686.6	$	(290.2)
Trade names	166.3		—		166.2		—		165.6		—
Other	18.5		(13.8)		18.5		(13.7)		18.3		(13.2)
Total	$	872.4	$	(336.1)	$	872.4	$	(320.1)	$	870.5	$	(303.4)

Other intangible assets primarily consist of 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 $8.0 million and $16.0 million for three and six months ended July 3, 2021, respectively. Aggregate amortization expense for intangibles was $8.0 million and $16.0 million for the three and six months ended June 27, 2020, respectively.

The Company's intangible assets, included within Other intangibles, net on the Condensed Consolidated Balance Sheets as of July 3, 2021, December 31, 2020 and June 27, 2020, are summarized by segment below:

	July 3, 2021				December 31, 2020				June 27, 2020
(in millions)	Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization
Propulsion	$	1.0	$	(0.5)	$	1.0	$	(0.5)	$	1.0	$	(0.5)
Parts and Accessories	618.8		(127.4)		618.8		(112.4)		617.0		(96.7)
Boat	252.6		(208.2)		252.6		(207.2)		252.5		(206.2)
Total	$	872.4	$	(336.1)	$	872.4	$	(320.1)	$	870.5	$	(303.4)