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Acquisitions Schedule of assets acquired, liabilities assumed and cash consideration paid (Tables) | 12 Months Ended
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Dec. 31, 2021
Business Combinations [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | The following table is a summary of the assets acquired, liabilities assumed and net cash consideration paid, net of cash acquired, for the Navico acquisition:
(in millions) | Fair Value |  | Useful Life
Accounts and notes receivable | $ | 59.3 |  |  |
Inventory | 161.7 |  |  |
Goodwill (A) | 435.5 |  |  |
Trade names | 133.0 |  |  | Indefinite
Developed technology | 160.0 |  |  | 15 years
Customer relationships | 185.0 |  |  | 15 years
Property and equipment | 46.1 |  |  |
Other assets | 26.9 |  |  |
Total assets acquired | 1,207.5 |  |  |
Accounts payable | 66.0 |  |  |
Accrued expenses | 45.1 |  |  |
Other liabilities | 24.0 |  |  |
Total liabilities assumed | 135.1 |  |  |
Net cash consideration paid, net of cash acquired | $ | 1,072.4 |  |  |
(A) The goodwill recorded for the acquisition of Navico is partially deductible for tax purposes.
Business Acquisition, Pro Forma Information [Table Text Block] |
(in millions) | Year Ended December 31, 2021 |  | Year Ended December 31, 2020
Pro forma Net sales | $ | 6,212.3 |  |  | $ | 4,694.0 |
Pro forma Net earnings | 633.6 |  |  | 322.4 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123413009&loc=d3e4845-128472 + Details
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