Goodwill and Intangibles (Tables)

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill [Table Text Block]

Changes in the Company's goodwill during the nine months ended September 30, 2023 and October 1, 2022, by segment, are summarized below:

(in millions)	Propulsion		Engine P&A		Navico Group		Boat		Total
December 31, 2022	$	14.0	$	232.8	$	595.8	$	125.0	$	967.6
Acquisitions	37.1		—		—		—		37.1
Adjustments	(0.5)		(0.1)		(1.3)		4.8		2.9
September 30, 2023	$	50.6	$	232.7	$	594.5	$	129.8	$	1,007.6
December 31, 2021	$	14.7	$	233.1	$	581.8	$	58.8	$	888.4
Acquisitions	—		—		—		75.0		75.0
Adjustments	(1.6)		(0.7)		1.8		(0.7)		(1.2)
October 1, 2022	$	13.1	$	232.4	$	583.6	$	133.1	$	962.2

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 September 30, 2023, December 31, 2022 and October 1, 2022, are summarized by intangible asset type below:

	Sep 30, 2023				Dec 31, 2022				Oct 1, 2022
(in millions)	Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization
Intangible assets:
Customer relationships	$	905.1	$	(416.7)	$	897.4	$	(386.1)	$	899.5	$	(374.5)
Trade names	322.2		—		305.4		—		305.0		—
Developed technology	166.4		(21.3)		160.0		(13.3)		160.0		(10.7)
Other	86.8		(42.7)		67.6		(33.6)		55.9		(29.8)
Total	$	1,480.5	$	(480.7)	$	1,430.4	$	(433.0)	$	1,420.4	$	(415.0)

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 $17.0 million and $50.8 million for three and nine months ended September 30, 2023, respectively. Aggregate amortization expense for intangibles was $15.9 million and $47.2 million for three and nine months ended October 1, 2022, respectively.