2014 Q2 Form 10-Q Financial Statement

#000001493014000106 Filed on July 31, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q4 2013 Q2
Revenue $1.073B $826.8M $1.033B
YoY Change 3.84% -0.36% -1.95%
Cost Of Revenue $768.8M $632.0M $796.7M
YoY Change -3.5% -1.39% 3.47%
Gross Profit $304.3M $194.8M $289.8M
YoY Change 5.0% 3.12% 2.08%
Gross Profit Margin 28.36% 23.56% 28.04%
Selling, General & Admin $134.9M $147.2M $132.0M
YoY Change 2.2% 3.52% -0.38%
% of Gross Profit 44.33% 75.56% 45.55%
Research & Development $28.00M $33.70M $28.90M
YoY Change -3.11% 15.41% 13.33%
% of Gross Profit 9.2% 17.3% 9.97%
Depreciation & Amortization $19.50M $18.70M $21.50M
YoY Change -9.3% -16.14% -4.44%
% of Gross Profit 6.41% 9.6% 7.42%
Operating Expenses $162.9M $180.9M $160.9M
YoY Change 1.24% 5.54% 1.84%
Operating Profit $138.3M $13.90M $136.7M
YoY Change 1.17% -20.57% 9.27%
Interest Expense $7.900M -$8.000M $12.60M
YoY Change -37.3% -47.71% -29.61%
% of Operating Profit 5.71% -57.55% 9.22%
Other Income/Expense, Net $1.200M $1.000M -$1.100M
YoY Change -209.09% 400.0% -168.75%
Pretax Income $131.9M $1.000M $91.20M
YoY Change 44.63% -108.0% -12.22%
Income Tax $44.80M -$577.7M $11.90M
% Of Pretax Income 33.97% -57770.0% 13.05%
Net Earnings $88.60M $581.2M $80.40M
YoY Change 10.2% -871.85% -3.83%
Net Earnings / Revenue 8.26% 70.3% 7.78%
Basic Earnings Per Share $0.95 $6.33 $0.88
Diluted Earnings Per Share $0.93 $6.16 $0.86
COMMON SHARES
Basic Shares Outstanding 93.50M shares 90.95M shares 91.00M shares
Diluted Shares Outstanding 95.10M shares 93.60M shares

Balance Sheet

Concept 2014 Q2 2013 Q4 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $335.0M $369.2M $330.2M
YoY Change 1.45% -1.96% -28.59%
Cash & Equivalents $334.2M $356.5M $327.5M
Short-Term Investments $800.0K $12.70M $2.700M
Other Short-Term Assets $226.8M $209.8M $78.30M
YoY Change 189.66% 258.63% 28.15%
Inventory $646.1M $583.9M $548.7M
Prepaid Expenses
Receivables $451.4M $345.7M $423.4M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.659B $1.509B $1.381B
YoY Change 20.19% 10.92% -8.33%
LONG-TERM ASSETS
Property, Plant & Equipment $438.8M $419.9M $593.4M
YoY Change -26.05% -27.78% 6.5%
Goodwill $297.4M $291.7M $290.3M
YoY Change 2.45% 0.0% 0.07%
Intangibles $47.00M $35.40M $36.70M
YoY Change 28.07% -7.09% -11.35%
Long-Term Investments $42.20M $41.30M $41.70M
YoY Change 1.2% -2.59% -1.42%
Other Assets $35.10M $37.60M $48.00M
YoY Change -26.88% -35.62% -23.93%
Total Long-Term Assets $932.7M $987.3M $416.7M
YoY Change 123.83% 104.54% -18.0%
TOTAL ASSETS
Total Short-Term Assets $1.659B $1.509B $1.381B
Total Long-Term Assets $932.7M $987.3M $416.7M
Total Assets $3.031B $2.916B $2.391B
YoY Change 26.77% 20.28% -7.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $345.7M $297.6M $333.0M
YoY Change 3.81% -11.0% 5.55%
Accrued Expenses $489.8M $529.4M $521.0M
YoY Change -5.99% -8.12% -6.19%
Deferred Revenue
YoY Change
Short-Term Debt $5.000M $6.400M $6.000M
YoY Change -16.67%
Long-Term Debt Due $5.000M $6.400M $5.200M
YoY Change -3.85% -1.54% -5.45%
Total Short-Term Liabilities $883.8M $883.1M $877.0M
YoY Change 0.78% -5.77% -2.34%
LONG-TERM LIABILITIES
Long-Term Debt $448.9M $453.4M $466.4M
YoY Change -3.75% -19.55% -30.2%
Other Long-Term Liabilities $184.4M $192.3M $198.0M
YoY Change -6.87% -2.63% 3.29%
Total Long-Term Liabilities $960.3M $994.3M $1.300B
YoY Change -26.14% -29.45% -14.18%
TOTAL LIABILITIES
Total Short-Term Liabilities $883.8M $883.1M $877.0M
Total Long-Term Liabilities $960.3M $994.3M $1.300B
Total Liabilities $1.844B $1.877B $2.177B
YoY Change -15.3% -19.99% -9.78%
SHAREHOLDERS EQUITY
Retained Earnings $1.390B $1.263B $633.4M
YoY Change 119.5% 151.05% 9.04%
Common Stock $473.6M $469.9M $508.3M
YoY Change -6.83% -9.23% -1.15%
Preferred Stock
YoY Change
Treasury Stock (at cost) $280.6M $293.3M $366.6M
YoY Change -23.46% -24.43% -6.62%
Treasury Stock Shares 9.789M shares 10.13M shares 12.03M shares
Shareholders Equity $1.187B $1.038B $213.5M
YoY Change
Total Liabilities & Shareholders Equity $3.031B $2.916B $2.391B
YoY Change 26.77% 20.28% -7.03%

Cashflow Statement

Concept 2014 Q2 2013 Q4 2013 Q2
OPERATING ACTIVITIES
Net Income $88.60M $581.2M $80.40M
YoY Change 10.2% -871.85% -3.83%
Depreciation, Depletion And Amortization $19.50M $18.70M $21.50M
YoY Change -9.3% -16.14% -4.44%
Cash From Operating Activities $184.4M $50.10M $189.3M
YoY Change -2.59% -7.22% 64.75%
INVESTING ACTIVITIES
Capital Expenditures -$29.40M -$47.20M -$40.10M
YoY Change -26.68% -4.45% 104.59%
Acquisitions
YoY Change
Other Investing Activities -$35.80M $19.70M $63.90M
YoY Change -156.03% 245.61% -732.67%
Cash From Investing Activities -$65.20M -$27.50M $23.80M
YoY Change -373.95% -37.07% -180.13%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -11.80M 12.00M -127.6M
YoY Change -90.75% -133.06% 385.17%
NET CHANGE
Cash From Operating Activities 184.4M 50.10M 189.3M
Cash From Investing Activities -65.20M -27.50M 23.80M
Cash From Financing Activities -11.80M 12.00M -127.6M
Net Change In Cash 107.4M 34.60M 85.50M
YoY Change 25.61% -233.08% 45.16%
FREE CASH FLOW
Cash From Operating Activities $184.4M $50.10M $189.3M
Capital Expenditures -$29.40M -$47.20M -$40.10M
Free Cash Flow $213.8M $97.30M $229.4M
YoY Change -6.8% -5.9% 70.56%

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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Interim Financial Statements.&#160;&#160;</font><font style="font-family:inherit;font-size:10pt;">The unaudited interim condensed consolidated financial statements of Brunswick Corporation (Brunswick or the Company) have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (SEC).&#160;&#160;Therefore, certain information and disclosures normally included in financial statements and related notes prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) have been condensed or omitted.&#160; Certain previously reported amounts have been reclassified to conform to the current period presentation.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">These financial statements should be read in conjunction with, and have been prepared in conformity with, the accounting principles reflected in the consolidated financial statements and related notes included in Brunswick&#8217;s 2013 Annual Report on Form 10-K for the year ended December 31, 2013 (the 2013 Form 10-K).&#160;&#160;These results include, in the opinion of management, all normal and recurring adjustments necessary to present fairly the financial position of Brunswick as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;28, 2014</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2013</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;29, 2013</font><font style="font-family:inherit;font-size:10pt;">, the results of operations for the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">three</font><font style="font-family:inherit;font-size:10pt;"> months and six months ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;28, 2014</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;29, 2013</font><font style="font-family:inherit;font-size:10pt;">, and the cash flows for the six months ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;28, 2014</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;29, 2013</font><font style="font-family:inherit;font-size:10pt;">.&#160;&#160;Due to the seasonality of Brunswick&#8217;s businesses, the interim results are not necessarily indicative of the results that may be expected for the remainder of the year.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company maintains its financial records on the basis of a fiscal year ending on December 31, with the fiscal quarters spanning </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">thirteen</font><font style="font-family:inherit;font-size:10pt;"> weeks, with the first and second quarters ending on the Saturday closest to the end of the first and second </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">thirteen</font><font style="font-family:inherit;font-size:10pt;">-week periods, respectively.&#160;&#160;The first two quarters of fiscal year 2014 ended on March 29, 2014 and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;28, 2014</font><font style="font-family:inherit;font-size:10pt;">, and the first two quarters of fiscal year 2013 ended on March 30, 2013 and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;29, 2013</font><font style="font-family:inherit;font-size:10pt;">. </font></div></div>
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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2013Q2 us-gaap Other Liabilities Noncurrent
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198000000 USD
CY2013Q4 us-gaap Other Liabilities Noncurrent
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193600000 USD
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1100000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1100000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2300000 USD
CY2013Q2 us-gaap Other Nonoperating Income Expense
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us-gaap Other Operating Activities Cash Flow Statement
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2700000 USD
us-gaap Other Operating Activities Cash Flow Statement
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8200000 USD
CY2014Q2 us-gaap Other Short Term Borrowings
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0 USD
CY2013Q2 us-gaap Other Short Term Borrowings
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800000 USD
CY2013Q4 us-gaap Other Short Term Borrowings
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0 USD
us-gaap Payments For Proceeds From Other Investing Activities
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0 USD
us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Payments Of Dividends Common Stock
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18600000 USD
us-gaap Payments Of Dividends Common Stock
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0 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
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0 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
1900000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
29100000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
61300000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
52900000 USD
CY2014Q2 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
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325600000 USD
CY2013Q2 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
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535500000 USD
CY2013Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
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347300000 USD
CY2013Q2 us-gaap Prepaid Expense And Other Assets Current
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28700000 USD
CY2014Q2 us-gaap Prepaid Expense And Other Assets Current
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33400000 USD
CY2013Q4 us-gaap Prepaid Expense And Other Assets Current
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31400000 USD
us-gaap Proceeds From Issuance Of Other Long Term Debt
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0 USD
us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
146600000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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107400000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
11900000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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0 USD
us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Proceeds From Repayments Of Short Term Debt
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0 USD
us-gaap Proceeds From Repayments Of Short Term Debt
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us-gaap Proceeds From Sale Of Available For Sale Securities
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35700000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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143100000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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11900000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
7000000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
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3200000 USD
CY2013Q2 us-gaap Property Plant And Equipment Gross
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1652500000 USD
CY2013Q4 us-gaap Property Plant And Equipment Gross
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1631800000 USD
CY2014Q2 us-gaap Property Plant And Equipment Gross
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1644500000 USD
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617800000 USD
CY2014Q2 us-gaap Property Plant And Equipment Net
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631300000 USD
CY2013Q2 us-gaap Property Plant And Equipment Net
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593400000 USD
CY2013Q2 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
1005900000 USD
CY2014Q2 us-gaap Property Plant And Equipment Other
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1018300000 USD
CY2013Q4 us-gaap Property Plant And Equipment Other
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1013900000 USD
us-gaap Provision For Loan Lease And Other Losses
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us-gaap Provision For Loan Lease And Other Losses
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200000 USD
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364600000 USD
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423400000 USD
CY2014Q2 us-gaap Receivables Net Current
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467800000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2014Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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-1800000 USD
CY2013Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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-9300000 USD
us-gaap Repayments Of Long Term Debt
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600000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
252100000 USD
us-gaap Research And Development Expense
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56200000 USD
CY2014Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
29000000 USD
CY2013Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
28900000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
58400000 USD
CY2014Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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18600000 USD
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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6500000 USD
CY2013Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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13000000 USD
CY2013Q2 us-gaap Retained Earnings Accumulated Deficit
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633400000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1263300000 USD
CY2014Q2 us-gaap Retained Earnings Accumulated Deficit
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us-gaap Sales Revenue Net
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2093600000 USD
CY2014Q2 us-gaap Sales Revenue Net
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1139800000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
2109000000 USD
CY2013Q2 us-gaap Sales Revenue Net
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1098300000 USD
CY2013Q4 us-gaap Standard Product Warranty Accrual
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120800000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
284800000 USD
CY2013Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
132000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
271100000 USD
CY2014Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
143800000 USD
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
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5000000 shares
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
5000000 shares
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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5500000 shares
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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2900000 shares
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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6800000 shares
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3400000 shares
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6400000 USD
CY2014Q2 us-gaap Short Term Borrowings
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5000000 USD
CY2013Q2 us-gaap Short Term Borrowings
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6000000 USD
CY2014Q2 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
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1700000 USD
CY2012Q4 us-gaap Standard Product Warranty Accrual
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127700000 USD
CY2014Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
115900000 USD
CY2013Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
122800000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
26400000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
24700000 USD
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
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-4100000 USD
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-2000000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
23500000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
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23900000 USD
CY2013Q2 us-gaap Stockholders Equity
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CY2013Q4 us-gaap Stockholders Equity
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CY2014Q2 us-gaap Stockholders Equity
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1186700000 USD
CY2013Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
10129000 shares
CY2014Q2 us-gaap Treasury Stock Shares
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9789000 shares
CY2013Q2 us-gaap Treasury Stock Shares
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12032000 shares
CY2013Q4 us-gaap Treasury Stock Value
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293300000 USD
CY2014Q2 us-gaap Treasury Stock Value
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280600000 USD
CY2013Q2 us-gaap Treasury Stock Value
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366600000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits
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6000000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits
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24900000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
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6300000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
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200000.0 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
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0 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
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0 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
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3200000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
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300000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
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300000 USD
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CY2014Q2 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
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47700000 USD
CY2013Q2 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
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47200000 USD
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46800000 USD
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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1600000 shares
CY2013Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2600000 shares
CY2014Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1600000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2800000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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93600000 shares
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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93600000 shares
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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95100000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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95000000 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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91000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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93400000 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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93500000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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90800000 shares
CY2014Q2 bc Amount Of Accrual For Potential Losses Related To Recourse Obligations
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1700000 USD
CY2013Q2 bc Amount Of Accrual For Potential Losses Related To Recourse Obligations
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1600000 USD
CY2013Q4 bc Amount Of Accrual For Potential Losses Related To Recourse Obligations
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1600000 USD
CY2013Q2 bc Amount Of Accrual For Potential Losses Related To Repurchase Exposure
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1900000 USD
CY2013Q4 bc Amount Of Accrual For Potential Losses Related To Repurchase Exposure
AmountOfAccrualForPotentialLossesRelatedToRepurchaseExposure
1700000 USD
CY2014Q2 bc Amount Of Accrual For Potential Losses Related To Repurchase Exposure
AmountOfAccrualForPotentialLossesRelatedToRepurchaseExposure
1500000 USD
CY2014Q2 bc Amount Of Outstanding Surety Bonds
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14600000 USD
CY2014Q2 bc Amount Of Recorded Income Loss From Joint Venture Investment
AmountOfRecordedIncomeLossFromJointVentureInvestment
1100000 USD
CY2013Q2 bc Amount Of Recorded Income Loss From Joint Venture Investment
AmountOfRecordedIncomeLossFromJointVentureInvestment
1100000 USD
bc Amount Of Recorded Income Loss From Joint Venture Investment
AmountOfRecordedIncomeLossFromJointVentureInvestment
2200000 USD
bc Amount Of Recorded Income Loss From Joint Venture Investment
AmountOfRecordedIncomeLossFromJointVentureInvestment
2200000 USD
CY2013Q4 bc Amount Of Restricted Cash Collateral Against Workers Comp Obligations
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6500000 USD
CY2014Q2 bc Amount Of Restricted Cash Collateral Against Workers Comp Obligations
AmountOfRestrictedCashCollateralAgainstWorkersCompObligations
18600000 USD
CY2013Q2 bc Amount Of Restricted Cash Collateral Against Workers Comp Obligations
AmountOfRestrictedCashCollateralAgainstWorkersCompObligations
13000000 USD
bc Amount Of Secured Borrowing Facility Funding For Joint Venture
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1000000000 USD
bc Contributions Or Return Of Capital Investments
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800000 USD
bc Contributions Or Return Of Capital Investments
ContributionsOrReturnOfCapitalInvestments
2700000 USD
bc Defined Benefit Plan Contributions By Employer For Nonqualified Pension Plan
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1500000 USD
bc Defined Benefit Plan Contributions By Employer For Nonqualified Pension Plan
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1500000 USD
bc Defined Benefit Plan Contributions By Employer Qualified
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10800000 USD
bc Defined Benefit Plan Contributions By Employer Qualified
DefinedBenefitPlanContributionsByEmployerQualified
17300000 USD
CY2014Q2 bc Equity Investment Maximum Loss Exposure
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12200000 USD
CY2013Q4 bc Equity Investment Maximum Loss Exposure
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11200000 USD
CY2013Q2 bc Equity Investment Maximum Loss Exposure
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11500000 USD
CY2014Q2 bc Gross Unrealized Gains Availableforsale Securities
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0 USD
CY2013Q2 bc Gross Unrealized Gains Availableforsale Securities
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0 USD
CY2013Q4 bc Gross Unrealized Gains Availableforsale Securities
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0 USD
CY2014Q2 bc Gross Unrealized Losses Availableforsale Securities
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0 USD
CY2013Q2 bc Gross Unrealized Losses Availableforsale Securities
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0 USD
CY2013Q4 bc Gross Unrealized Losses Availableforsale Securities
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0 USD
bc Impactoftaxratechanges
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500000 USD
CY2014Q2 bc Impactoftaxreservechange
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100000 USD
CY2013Q2 bc Income Loss Before Interest Loss On Early Extinguishment Of Debt And Income Taxes
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135800000 USD
bc Income Loss Before Interest Loss On Early Extinguishment Of Debt And Income Taxes
IncomeLossBeforeInterestLossOnEarlyExtinguishmentOfDebtAndIncomeTaxes
226700000 USD
bc Income Loss Before Interest Loss On Early Extinguishment Of Debt And Income Taxes
IncomeLossBeforeInterestLossOnEarlyExtinguishmentOfDebtAndIncomeTaxes
238200000 USD
CY2014Q2 bc Income Loss Before Interest Loss On Early Extinguishment Of Debt And Income Taxes
IncomeLossBeforeInterestLossOnEarlyExtinguishmentOfDebtAndIncomeTaxes
142500000 USD
CY2014Q2 bc Land Buildings And Improvements And Equipment Net
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536600000 USD
CY2013Q2 bc Land Buildings And Improvements And Equipment Net
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517900000 USD
CY2013Q4 bc Land Buildings And Improvements And Equipment Net
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537100000 USD
bc Maturity Of Investments Maximum
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P2Y
CY2014Q2 bc Maximum Loss Exposure Liabilities
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CY2013Q4 bc Maximum Loss Exposure Liabilities
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CY2013Q2 bc Maximum Loss Exposure Liabilities
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CY2013Q2 bc Maximum Loss Exposure Repurchase And Recourse Obligations
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37000000 USD
CY2014Q2 bc Maximum Loss Exposure Repurchase And Recourse Obligations
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37300000 USD
CY2013Q4 bc Maximum Loss Exposure Repurchase And Recourse Obligations
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37000000 USD
CY2014Q2 bc Number Of Segments
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4 segments
bc Number Of Weeks Spanning Fiscal Quarters
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13 weeks
bc Numberofmonthsfromreportingdateforpossibledecreaseoftotalamountofgrossunrecognizedtaxbenefits
Numberofmonthsfromreportingdateforpossibledecreaseoftotalamountofgrossunrecognizedtaxbenefits
12 M
CY2013Q4 bc Other Financing Receivable Allowance For Credit Losses
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300000 USD
CY2014Q2 bc Other Financing Receivable Allowance For Credit Losses
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300000 USD
CY2013Q2 bc Other Financing Receivable Allowance For Credit Losses
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600000 USD
CY2012Q4 bc Other Financing Receivable Allowance For Credit Losses
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3000000 USD
bc Other Financing Receivable Allowance For Credit Losses Provisions
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0 USD
bc Other Financing Receivable Allowance For Credit Losses Provisions
OtherFinancingReceivableAllowanceForCreditLossesProvisions
0 USD
bc Other Financing Receivable Allowance For Credit Losses Recoveries
OtherFinancingReceivableAllowanceForCreditLossesRecoveries
0 USD
bc Other Financing Receivable Allowance For Credit Losses Recoveries
OtherFinancingReceivableAllowanceForCreditLossesRecoveries
0 USD
bc Other Financing Receivable Allowance For Credit Losses Write Offs
OtherFinancingReceivableAllowanceForCreditLossesWriteOffs
0 USD
bc Other Financing Receivable Allowance For Credit Losses Write Offs
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2400000 USD
CY2014Q2 bc Other Financing Receivable Long Term
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2300000 USD
CY2013Q4 bc Other Financing Receivable Long Term
OtherFinancingReceivableLongTerm
1200000 USD
CY2013Q2 bc Other Financing Receivable Long Term
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2400000 USD
CY2014Q2 bc Other Financing Receivable Short Term
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8700000 USD
CY2013Q4 bc Other Financing Receivable Short Term
OtherFinancingReceivableShortTerm
11300000 USD
CY2013Q2 bc Other Financing Receivable Short Term
OtherFinancingReceivableShortTerm
14200000 USD
CY2014Q2 bc Other Receivable Net Total
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10700000 USD
CY2013Q4 bc Other Receivable Net Total
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12200000 USD
CY2013Q2 bc Other Receivable Net Total
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16000000 USD
bc Payment Of Premium On Early Extinguishment Of Debt
PaymentOfPremiumOnEarlyExtinguishmentOfDebt
0 USD
bc Payment Of Premium On Early Extinguishment Of Debt
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24300000 USD
bc Pension Expense Net Of Funding
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bc Pension Expense Net Of Funding
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CY2014Q2 bc Percentage Ownership Held By Third Party In Joint Venture
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0.51
CY2013Q2 bc Potential Cash Payments For Recourse Exposure Single Year Obligation
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34700000 USD
CY2014Q2 bc Potential Cash Payments For Recourse Exposure Single Year Obligation
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33400000 USD
CY2013Q4 bc Potential Cash Payments For Recourse Exposure Single Year Obligation
PotentialCashPaymentsForRecourseExposureSingleYearObligation
36800000 USD
CY2013Q2 bc Potential Cash Payments To Third Parties Maximum Obligation
PotentialCashPaymentsToThirdPartiesMaximumObligation
39800000 USD
CY2013Q4 bc Potential Cash Payments To Third Parties Maximum Obligation
PotentialCashPaymentsToThirdPartiesMaximumObligation
41700000 USD
CY2014Q2 bc Potential Cash Payments To Third Parties Maximum Obligation
PotentialCashPaymentsToThirdPartiesMaximumObligation
37100000 USD
CY2014Q2 bc Potential Cash Payments To Third Parties To Repurchase Collateral Maximum Obligation
PotentialCashPaymentsToThirdPartiesToRepurchaseCollateralMaximumObligation
60400000 USD
CY2013Q4 bc Potential Cash Payments To Third Parties To Repurchase Collateral Maximum Obligation
PotentialCashPaymentsToThirdPartiesToRepurchaseCollateralMaximumObligation
65000000 USD
CY2013Q2 bc Potential Cash Payments To Third Parties To Repurchase Collateral Maximum Obligation
PotentialCashPaymentsToThirdPartiesToRepurchaseCollateralMaximumObligation
70900000 USD
CY2013Q2 bc Potential Cash Payments To Third Parties To Repurchase Collateral Single Year Obligation
PotentialCashPaymentsToThirdPartiesToRepurchaseCollateralSingleYearObligation
70900000 USD
CY2014Q2 bc Potential Cash Payments To Third Parties To Repurchase Collateral Single Year Obligation
PotentialCashPaymentsToThirdPartiesToRepurchaseCollateralSingleYearObligation
60400000 USD
CY2013Q4 bc Potential Cash Payments To Third Parties To Repurchase Collateral Single Year Obligation
PotentialCashPaymentsToThirdPartiesToRepurchaseCollateralSingleYearObligation
65000000 USD
bc Proceedsfromstockcompensationactivitynetofwithholdings
Proceedsfromstockcompensationactivitynetofwithholdings
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bc Proceedsfromstockcompensationactivitynetofwithholdings
Proceedsfromstockcompensationactivitynetofwithholdings
-5500000 USD
CY2013Q2 bc Reassessmentoftaxreservesandvaluationallowanceadjustmentsprimarilyrelatedtostockbasedcompensation
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2200000 USD
bc Reassessmentoftaxreservesandvaluationallowanceadjustmentsprimarilyrelatedtostockbasedcompensation
Reassessmentoftaxreservesandvaluationallowanceadjustmentsprimarilyrelatedtostockbasedcompensation
13300000 USD
CY2014Q2 bc Recourse Financing Receivable Long Term
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2800000 USD
CY2013Q4 bc Recourse Financing Receivable Long Term
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2900000 USD
CY2013Q2 bc Recourse Financing Receivable Long Term
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5500000 USD
CY2014Q2 bc Recourse Financing Receivable Net Total
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3600000 USD
CY2013Q4 bc Recourse Financing Receivable Net Total
RecourseFinancingReceivableNetTotal
4000000 USD
CY2013Q2 bc Recourse Financing Receivable Net Total
RecourseFinancingReceivableNetTotal
6400000 USD
CY2014Q2 bc Recourse Financing Receivable Short Term
RecourseFinancingReceivableShortTerm
5500000 USD
CY2013Q4 bc Recourse Financing Receivable Short Term
RecourseFinancingReceivableShortTerm
5900000 USD
CY2013Q2 bc Recourse Financing Receivable Short Term
RecourseFinancingReceivableShortTerm
5900000 USD
CY2013Q2 bc Reserves On Assets Held For Sale
ReservesOnAssetsHeldForSale
50400000 USD
bc Restructuring And Related Cost Expected Future Cost Maximum
RestructuringAndRelatedCostExpectedFutureCostMaximum
2000000 USD
bc Restructuring And Related Cost Expected Future Cost Minimum
RestructuringAndRelatedCostExpectedFutureCostMinimum
1000000 USD
bc Restructuring Exit And Impairment Charges
RestructuringExitAndImpairmentCharges
9600000 USD
CY2014Q2 bc Restructuring Exit And Impairment Charges
RestructuringExitAndImpairmentCharges
3100000 USD
CY2013Q2 bc Restructuring Exit And Impairment Charges
RestructuringExitAndImpairmentCharges
4000000 USD
bc Restructuring Exit And Impairment Charges
RestructuringExitAndImpairmentCharges
3100000 USD
bc Share Based Compensation Arrangement Director Awards Percentage Premium Payout On Deferred Common Stock Units
ShareBasedCompensationArrangementDirectorAwardsPercentagePremiumPayoutOnDeferredCommonStockUnits
0.2
CY2014Q2 bc Third Party Financing Receivable Long Term
ThirdPartyFinancingReceivableLongTerm
18200000 USD
CY2013Q4 bc Third Party Financing Receivable Long Term
ThirdPartyFinancingReceivableLongTerm
18900000 USD
CY2013Q2 bc Third Party Financing Receivable Long Term
ThirdPartyFinancingReceivableLongTerm
19300000 USD
CY2014Q2 bc Third Party Financing Receivable Short Term
ThirdPartyFinancingReceivableShortTerm
25300000 USD
CY2013Q4 bc Third Party Financing Receivable Short Term
ThirdPartyFinancingReceivableShortTerm
36200000 USD
CY2013Q2 bc Third Party Financing Receivable Short Term
ThirdPartyFinancingReceivableShortTerm
34500000 USD
CY2014Q2 bc Third Party Receivable Allowance For Credit Loss
ThirdPartyReceivableAllowanceForCreditLoss
0 USD
CY2013Q4 bc Third Party Receivable Allowance For Credit Loss
ThirdPartyReceivableAllowanceForCreditLoss
0 USD
CY2013Q2 bc Third Party Receivable Allowance For Credit Loss
ThirdPartyReceivableAllowanceForCreditLoss
0 USD
CY2014Q2 bc Third Party Receivable Net Total
ThirdPartyReceivableNetTotal
43500000 USD
CY2013Q4 bc Third Party Receivable Net Total
ThirdPartyReceivableNetTotal
55100000 USD
CY2013Q2 bc Third Party Receivable Net Total
ThirdPartyReceivableNetTotal
53800000 USD
CY2014Q2 bc Transfers Continuing Involvement Current
TransfersContinuingInvolvementCurrent
25300000 USD
CY2013Q2 bc Transfers Continuing Involvement Current
TransfersContinuingInvolvementCurrent
34500000 USD
CY2013Q4 bc Transfers Continuing Involvement Current
TransfersContinuingInvolvementCurrent
36200000 USD
CY2014Q2 bc Transfers Continuing Involvement Non Current
TransfersContinuingInvolvementNonCurrent
18200000 USD
CY2013Q2 bc Transfers Continuing Involvement Non Current
TransfersContinuingInvolvementNonCurrent
19300000 USD
CY2013Q4 bc Transfers Continuing Involvement Non Current
TransfersContinuingInvolvementNonCurrent
18900000 USD
CY2014Q2 bc Unamortized Product Tooling Costs
UnamortizedProductToolingCosts
94700000 USD
CY2013Q4 bc Unamortized Product Tooling Costs
UnamortizedProductToolingCosts
80700000 USD
CY2013Q2 bc Unamortized Product Tooling Costs
UnamortizedProductToolingCosts
75500000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Period End Date
DocumentPeriodEndDate
2014-06-28
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000014930
CY2014Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
92890544 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
BRUNSWICK CORP
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes

Files In Submission

Name View Source Status
0000014930-14-000106-index-headers.html Edgar Link pending
0000014930-14-000106-index.html Edgar Link pending
0000014930-14-000106.txt Edgar Link pending
0000014930-14-000106-xbrl.zip Edgar Link pending
bc-20140628.xml Edgar Link completed
bc-20140628.xsd Edgar Link pending
bc-20140628_cal.xml Edgar Link unprocessable
bc-20140628_def.xml Edgar Link unprocessable
bc-20140628_lab.xml Edgar Link unprocessable
bc-20140628_pre.xml Edgar Link unprocessable
bc2014062810q.htm Edgar Link pending
bc20140628ex311.htm Edgar Link pending
bc20140628ex312.htm Edgar Link pending
bc20140628ex321.htm Edgar Link pending
bc20140628ex322.htm Edgar Link pending
brunswick_logoa02.jpg Edgar Link pending
exhibit101-2014bcsip.htm Edgar Link pending
exhibit102-2014amendedandr.htm Edgar Link pending
exhibit41-2014firstsupplem.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
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report.css Edgar Link pending
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