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Debt | 3 Months Ended
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Apr. 03, 2021
Debt Disclosure [Abstract] |
Debt Disclosure [Text Block] | Debt The following table provides the changes in the Company's long-term debt for the three months ended April 3, 2021:
(in millions) |  | Current maturities of long-term debt |  | Long-term debt |  | Total
Balance as of December 31, 2020 |  | $ | 43.1 |  |  | $ | 908.3 |  |  | $ | 951.4 |
Proceeds from issuances of long-term debt |  | 0.9 |  |  | 1.0 |  |  | 1.9 |
Repayments of long-term debt |  | (0.4) |  |  | (8.8) |  |  | (9.2) |
Other |  | 0.2 |  |  | 0.4 |  |  | 0.6 |
Balance as of April 3, 2021 |  | $ | 43.8 |  |  | $ | 900.9 |  |  | $ | 944.7 |
As of April 3, 2021, Brunswick was in compliance with the financial covenants associated with its debt. Credit Facility The Company maintains an Amended and Restated Credit Agreement (Credit Facility) providing for $400.0 million of borrowing capacity in effect through September 2024. The Credit Facility includes provisions to add up to $100.0 million of additional borrowing capacity and extend the facility for two additional one-year terms, subject to lender approval. As of April 3, 2021 there were no borrowings outstanding and available borrowing capacity totaled $397.2 million, net of $2.8 million of letters of credit outstanding under the Credit Facility. Refer to Note 16 in the Notes to Consolidated Financial Statements in the 2020 Form 10-K for details regarding Brunswick's Credit Facility.

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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
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