Brunswick Corp 10-K Filing

FAQ

Key Financial Figures

• $0.75 — ich Registered Common stock, par value $0.75 per share BC New York Stock Exchange

Filing Documents

• bcorp-20241231.htm (10-K) — 2768KB
• bc20241231ex104.htm (EX-10.4) — 211KB
• bc20241231ex1011.htm (EX-10.11) — 25KB
• bc20241231ex1012.htm (EX-10.12) — 72KB
• bc20241231ex1013ex.htm (EX-10.13) — 43KB
• bc20241231ex191.htm (EX-19.1) — 52KB
• bc20241231ex211.htm (EX-21.1) — 49KB
• bc20241231ex231.htm (EX-23.1) — 2KB
• bc20241231ex241poa.htm (EX-24.1) — 11KB
• bc20241231ex311.htm (EX-31.1) — 11KB
• bc20241231ex312.htm (EX-32.1) — 11KB
• bc20241231ex321.htm (EX-32.1) — 5KB
• bc20241231ex322.htm (EX-32.2) — 5KB
• bcorp-20241231_g1.jpg (GRAPHIC) — 63KB
• bcorp-20241231_g2.jpg (GRAPHIC) — 1212KB
• bcorp-20241231_g3.jpg (GRAPHIC) — 634KB
• bcorp-20241231_g4.jpg (GRAPHIC) — 167KB
• bcorp-20241231_g5.jpg (GRAPHIC) — 94KB
• brunswicklogo_midnightblue.jpg (GRAPHIC) — 63KB
• brunswicklogo_midnightblue1a.jpg (GRAPHIC) — 63KB
• brunswicklogo_midnightbluea.jpg (GRAPHIC) — 63KB
• image.jpg (GRAPHIC) — 34KB
• 0000014930-25-000025.txt ( ) — 22125KB
• bcorp-20241231.xsd (EX-101.SCH) — 93KB
• bcorp-20241231_cal.xml (EX-101.CAL) — 152KB
• bcorp-20241231_def.xml (EX-101.DEF) — 702KB
• bcorp-20241231_lab.xml (EX-101.LAB) — 1436KB
• bcorp-20241231_pre.xml (EX-101.PRE) — 1083KB
• bcorp-20241231_htm.xml (XML) — 2647KB

Page

PART I Page Item 1.

Business

Business 1 Item 1A.

Risk Factors

Risk Factors 12 Item 1B. Unresolved Staff Comments 23 Item 1C. Cybersecurity 24 Item 2.

Properties

Properties 25 Item 3.

Legal Proceedings

Legal Proceedings 25 Item 4. Mine Safety Disclosures 25 PART II Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 28 Item 6. Reserved 29 Item 7.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 29 Item 7A.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 41 Item 8.

Financial Statements and Supplementary Data

Financial Statements and Supplementary Data 42 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 42 Item 9A.

Controls and Procedures

Controls and Procedures 42 Item 9B. Other Information 43 Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections 43 PART III Item 10. Directors, Executive Officers and Corporate Governance 44 Item 11.

Executive Compensation

Executive Compensation 44 Item 12.

Security Ownership of Certain Beneficial Owners and Management and Related Stockholders Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholders Matters 44 Item 13. Certain Relationships and Related Transactions, and Director Independence 44 Item 14. Principal Accounting Fees and Services 44 PART IV Item 15. Exhibits and Financial Statement Schedules 45 Item 16. Form 10-K Summary 95

Forward-Looking Statements

Forward-Looking Statements Certain statements in this Annual Report on Form 10-K are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations, estimates and projections about Brunswick's business and by their nature address matters that are, to different degrees, uncertain. Words such as "may," "could," "should," "expect," "anticipate," "project," "position," "intend," "target," "plan," "seek," "estimate," "believe," "predict," "outlook," and similar expressions are intended to identify forward-looking statements. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this Annual Report on Form 10-K. These risks include, but are not limited to, those set forth under Item 1A of this Annual Report on Form 10-K. Forward-looking statements speak only as of the date on which they are made and Brunswick does not undertake any obligation to update them to reflect events or circumstances after the date of this Annual Report. Table of Contents PART I

Business

Item 1. Business References to "we," "us," "our," the "Company," "Brunswick," and "Brunswick Corporation" refer to Brunswick Corporation and its consolidated subsidiaries unless the context specifically states or implies otherwise. Brunswick Corporation is a global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond. Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that "Next Never Rests." We design, manufacture, and market recreational marine products, including leading marine propulsion products and boats, as well as parts and accessories for the marine and RV markets, and we operate the world's largest boat club. We are dedicated to industry leadership, to being the best and most trusted partner to our many customers, and to building synergies and ecosystems that enable us to challenge convention and define the future. Incorporated in Delaware on December 31, 1907, Brunswick has traded on the New York Stock Exchange for 100 years. Our strategy is focused on: Understanding and addressing the changing needs and behaviors of global boating participants; Investing in innovative, global product leadership and leveraging our leading brands to meet consumer needs; Providing customers industry leading quality and customer support; Delivering distinctive, elevated ownership and shared-access experiences that expand boating participation; Being the partner of choice to our customers by offering integrated technical and business solutions; Engaging consumers with the richest, most intuitive digital experiences; Leading the industry in Autonomy, Connectivity, Electrification, and Shared Access (ACES) strategies, with an expanding set of commercially available products in each category; Unlocking unique and profound enterprise synergies; Investing in increasing global business resiliency; Being an acknowledged marine industry leader in susta

View Full Filing

View this 10-K filing on SEC EDGAR