Revenue Recognition (Notes)

12 Months Ended

Dec. 31, 2024

Revenue from Contract with Customer [Abstract]

Revenue from Contract with Customer [Text Block]

Revenue Recognition

The following tables present the Company's revenue in categories that depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors:

	Year Ended December 31, 2024
(in millions)	Propulsion		Engine P&A		Navico Group		Boat		Total
Geographic Markets
United States	$	1,328.1	$	812.1	$	474.1	$	1,247.3	$	3,861.6
Europe	313.5		115.3		216.9		112.9		758.6
Asia-Pacific	163.7		100.6		72.8		23.7		360.8
Canada	64.0		78.8		14.1		136.8		293.7
Rest-of-World	204.9		54.0		22.3		32.8		314.0
Segment Eliminations	(265.2)		(6.3)		(80.1)		—		(351.6)
Total	$	1,809.0	$	1,154.5	$	720.1	$	1,553.5	$	5,237.1
Major Product Lines
Outboard Engines	$	1,600.5	$	—	$	—	$	—	$	1,600.5
Controls, Rigging, and Propellers	343.9		—		—		—		343.9
Sterndrive Engines	129.8		—		—		—		129.8
Distribution	—		657.1		—		—		657.1
Products	—		503.7		—		—		503.7
Navico Group	—		—		800.2		—		800.2
Aluminum Freshwater Boats	—		—		—		551.2		551.2
Recreational Fiberglass Boats	—		—		—		439.7		439.7
Saltwater Fishing Boats	—		—		—		395.7		395.7
Business Acceleration	—		—		—		199.2		199.2
Boat Eliminations/Other	—		—		—		(32.3)		(32.3)
Segment Eliminations	(265.2)		(6.3)		(80.1)		—		(351.6)
Total	$	1,809.0	$	1,154.5	$	720.1	$	1,553.5	$	5,237.1

	Year Ended December 31, 2023
(in millions)	Propulsion		Engine P&A		Navico Group		Boat		Total
Geographic Markets
United States	$	1,881.7	$	852.6	$	573.0	$	1,548.8	$	4,856.1
Europe	367.0		108.7		221.2		162.9		859.8
Asia-Pacific	201.7		103.2		79.6		32.0		416.5
Canada	93.1		83.2		19.4		206.8		402.5
Rest-of-World	220.3		52.1		21.5		38.9		332.8
Segment Eliminations	(357.3)		(7.1)		(101.2)		(0.7)		(466.3)
Total	$	2,406.5	$	1,192.7	$	813.5	$	1,988.7	$	6,401.4
Major Product Lines
Outboard Engines	$	2,198.9	$	—	$	—	$	—	$	2,198.9
Controls, Rigging, and Propellers	391.6		—		—		—		391.6
Sterndrive Engines	173.3		—		—		—		173.3
Distribution	—		691.8		—		—		691.8
Products	—		508.0		—		—		508.0
Navico Group	—		—		914.7		—		914.7
Aluminum Freshwater Boats	—		—		—		726.0		726.0
Recreational Fiberglass Boats	—		—		—		643.0		643.0
Saltwater Fishing Boats	—		—		—		472.8		472.8
Business Acceleration	—		—		—		167.6		167.6
Boat Eliminations/Other	—		—		—		(20.0)		(20.0)
Segment Eliminations	(357.3)		(7.1)		(101.2)		(0.7)		(466.3)
Total	$	2,406.5	$	1,192.7	$	813.5	$	1,988.7	$	6,401.4

	Year Ended December 31, 2022
(in millions)	Propulsion		Engine P&A		Navico Group		Boat		Total
Geographic Markets
United States	$	1,909.9	$	922.1	$	691.8	$	1,617.0	$	5,140.8
Europe	391.5		117.5		236.3		181.8		927.1
Asia-Pacific	223.0		117.4		98.0		35.7		474.1
Canada	114.2		100.8		27.8		251.7		494.5
Rest-of-World	185.4		52.4		15.4		33.2		286.4
Segment Eliminations	(398.3)		(7.6)		(104.5)		(0.3)		(510.7)
Total	$	2,425.7	$	1,302.6	$	964.8	$	2,119.1	$	6,812.2
Major Product Lines
Outboard Engines	$	2,221.5	$	—	$	—	$	—	$	2,221.5
Controls, Rigging, and Propellers	382.1		—		—		—		382.1
Sterndrive Engines	220.4		—		—		—		220.4
Distribution	—		781.7		—		—		781.7
Products	—		528.5		—		—		528.5
Navico Group	—		—		1,069.3		—		1,069.3
Aluminum Freshwater Boats	—		—		—		874.1		874.1
Recreational Fiberglass Boats	—		—		—		727.4		727.4
Saltwater Fishing Boats	—		—		—		404.3		404.3
Business Acceleration	—		—		—		126.0		126.0
Boat Eliminations/Other	—		—		—		(12.4)		(12.4)
Segment Eliminations	(398.3)		(7.6)		(104.5)		(0.3)		(510.7)
Total	$	2,425.7	$	1,302.6	$	964.8	$	2,119.1	$	6,812.2

As of January 1, 2024, $187.1 million of contract liabilities associated with extended warranties, deferred revenue and customer deposits were reported in Accrued expenses and Other Long-term liabilities, of which $66.5 million of this amount was recognized as revenue during year ended December 31, 2024. As of December 31, 2024, total contract liabilities were $191.2 million. The total amount of the transaction price allocated to unsatisfied performance obligations as of December 31, 2024 is $187.1 million for contracts greater than one year, which primarily relates to extended warranties. The Company expects to recognize approximately $60.5 million of this amount in 2025 and $126.6 million thereafter. Contract assets as of January 1, 2024 and December 31, 2024 were not material. In addition, costs to obtain and fulfill contracts during the period were not material.