Goodwill and Intangibles (Tables)

3 Months Ended

Mar. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill [Table Text Block]

Changes in the Company's goodwill during the three months ended March 30, 2024 and April 1, 2023, by segment, are summarized below:

(in millions)	Propulsion		Engine P&A		Navico Group		Boat		Total
December 31, 2023	$	54.1	$	233.0	$	599.7	$	143.9	$	1,030.7
Adjustments	(1.1)		(0.2)		(3.0)		(0.1)		(4.4)
March 30, 2024	$	53.0	$	232.8	$	596.7	$	143.8	$	1,026.3
December 31, 2022	$	14.0	$	232.8	$	595.8	$	125.0	$	967.6
Adjustments	—		—		1.7		4.7		6.4
April 1, 2023	$	14.0	$	232.8	$	597.5	$	129.7	$	974.0

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 March 30, 2024, December 31, 2023 and April 1, 2023, are summarized by intangible asset type below:

	March 30, 2024				December 31, 2023				April 1, 2023
(in millions)	Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization
Intangible assets:
Customer relationships	$	905.9	$	(439.6)	$	907.3	$	(428.6)	$	897.7	$	(397.5)
Trade names	310.3		—		311.5		—		305.5		—
Developed technology	167.2		(27.1)		167.5		(24.3)		160.0		(16.0)
Other	98.0		(50.4)		91.2		(46.6)		79.2		(36.5)
Total	$	1,481.4	$	(517.1)	$	1,477.5	$	(499.5)	$	1,442.4	$	(450.0)

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 $17.9 million and $16.6 million for three months ended March 30, 2024 and April 1, 2023, respectively.