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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM<_ix3a_nonnumeric id='d7107548e120-wk-Fact-271C5DC4E947382291ECD4D0410954FD' name='dei:DocumentType' contextref='FD2019Q4YTD'>10-K/A
(Amendment No. 1)
<_ix3a_nonnumeric id='d7107548e140-wk-Fact-8B83995ACAA5319D6B63D555A52659F8' name='dei:DocumentAnnualReport' contextref='FD2019Q4YTD' format='ixt-sec:boolballotbox'>☒
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended<_ix3a_nonnumeric id='d7107548e150-wk-Fact-9D9200DA9DB70F39AAA1E5C16A6A0F09' name='dei:DocumentPeriodEndDate' contextref='FD2019Q4YTD' format='ixt:datemonthdayyearen'>December 31, 2019
or
<_ix3a_nonnumeric id='d7107548e170-wk-Fact-394950BA726DB6D7A6CCD5586E1C5407' name='dei:DocumentTransitionReport' contextref='FD2019Q4YTD' format='ixt-sec:boolballotbox'>☐
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from ______________ to ______________
Commission file number<_ix3a_nonnumeric id='d7107548e186-wk-Fact-9655E21EEB2B510D8D5716300D0C5DE3' name='dei:EntityFileNumber' contextref='FD2019Q4YTD'>1-1043

<_ix3a_nonnumeric id='d7107548e196-wk-Fact-581DF5929F23574B9F55B50F707EE4AF' name='dei:EntityRegistrantName' contextref='FD2019Q4YTD'>Brunswick Corporation
(Exact name of registrant as specified in its charter)
<_ix3a_nonnumeric id='d7107548e220-wk-Fact-A4A6061B620F90470D63D54F2D51C721' name='dei:EntityIncorporationStateCountryCode' contextref='FD2019Q4YTD' format='ixt-sec:stateprovnameen'>Delaware
<_ix3a_nonnumeric id='d7107548e230-wk-Fact-6DBD45BB968E533223DDD5505C2BE126' name='dei:EntityTaxIdentificationNumber' contextref='FD2019Q4YTD'>36-0848180
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)
<_ix3a_nonnumeric id='d7107548e249-wk-Fact-EA9F3D7617AA54C1BF06471497A7A4C0' name='dei:EntityAddressAddressLine1' contextref='FD2019Q4YTD'>26125 N. Riverwoods Blvd., Suite 500,<_ix3a_nonnumeric id='d7107548e254-wk-Fact-45D88A81176D5F4F881BBDC988C66BC0' name='dei:EntityAddressCityOrTown' contextref='FD2019Q4YTD'>Mettawa,<_ix3a_nonnumeric id='d7107548e259-wk-Fact-BDF03444D3775069A26B7632869FA665' name='dei:EntityAddressStateOrProvince' contextref='FD2019Q4YTD'>IL<_ix3a_nonnumeric id='d7107548e264-wk-Fact-9239BF97D88E51D8BC0210B38205AACA' name='dei:EntityAddressPostalZipCode' contextref='FD2019Q4YTD'>60045-3420
(Address of principal executive offices, including zip code)
(<_ix3a_nonnumeric id='d7107548e289-wk-Fact-0B8F856416C9567B8616536F2AF98AA4' name='dei:CityAreaCode' contextref='FD2019Q4YTD'>847)<_ix3a_nonnumeric id='d7107548e294-wk-Fact-A1C3FF8C1FCF595CBA642BE4C292144D' name='dei:LocalPhoneNumber' contextref='FD2019Q4YTD'>735-4700
(Registrant's telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class
Trading Symbol(s)
Name of Each Exchange on Which Registered
<_ix3a_nonnumeric id='d7107548e352-wk-Fact-BC33EFDC7604C661AAE7D52E4A106D8A' name='dei:Security12bTitle' contextref='FD2019Q4YTD_dei_EntityListingsExchangeAxis_exch_XNYS_us-gaap_StatementClassOfStockAxis_us-gaap_CommonStockMember'>Common stock, par value $0.75 per share
<_ix3a_nonnumeric id='d7107548e362-wk-Fact-254B7B716F20F0448E4FE98E6007C746' name='dei:TradingSymbol' contextref='FD2019Q4YTD_dei_EntityListingsExchangeAxis_exch_XNYS_us-gaap_StatementClassOfStockAxis_us-gaap_CommonStockMember'>BC
<_ix3a_nonnumeric id='d7107548e372-wk-Fact-8C29FBF64EC7E60E012ED536E7F2F73F' name='dei:SecurityExchangeName' contextref='FD2019Q4YTD_dei_EntityListingsExchangeAxis_exch_XNYS_us-gaap_StatementClassOfStockAxis_us-gaap_CommonStockMember' format='ixt-sec:exchnameen'>New York Stock Exchange
<_ix3a_nonnumeric id='d7107548e398-wk-Fact-444F972D5E2BC371B888D5381CC182A2' name='dei:SecurityExchangeName' contextref='FD2019Q4YTD_dei_EntityListingsExchangeAxis_exch_XCHI_us-gaap_StatementClassOfStockAxis_us-gaap_CommonStockMember' format='ixt-sec:exchnameen'>Chicago Stock Exchange
<_ix3a_nonnumeric id='d7107548e404-wk-Fact-B15E100F5936BB01938DD53903D58FCC' name='dei:Security12bTitle' contextref='FD2019Q4YTD_dei_EntityListingsExchangeAxis_exch_XNYS_us-gaap_StatementClassOfStockAxis_bcorp_A6.500SeniorNotesdue2048Member'>6.500% Senior Notes due 2048
<_ix3a_nonnumeric id='d7107548e414-wk-Fact-BE7F8B5BED9B6166ED2DD5421CFDD8FF' name='dei:TradingSymbol' contextref='FD2019Q4YTD_dei_EntityListingsExchangeAxis_exch_XNYS_us-gaap_StatementClassOfStockAxis_bcorp_A6.500SeniorNotesdue2048Member'>BC-A
<_ix3a_nonnumeric id='d7107548e424-wk-Fact-7EC40A8ED987DDCEB153D537E598C395' name='dei:SecurityExchangeName' contextref='FD2019Q4YTD_dei_EntityListingsExchangeAxis_exch_XNYS_us-gaap_StatementClassOfStockAxis_bcorp_A6.500SeniorNotesdue2048Member' format='ixt-sec:exchnameen'>New York Stock Exchange
<_ix3a_nonnumeric id='d7107548e430-wk-Fact-8A548AED01F723DB8F0CD54062EC6F7E' name='dei:Security12bTitle' contextref='FD2019Q4YTD_dei_EntityListingsExchangeAxis_exch_XNYS_us-gaap_StatementClassOfStockAxis_bcorp_A6.625SeniorNotesdue2049Member'>6.625% Senior Notes due 2049
<_ix3a_nonnumeric id='d7107548e440-wk-Fact-A6E444060D79371E3577D54296FD8921' name='dei:TradingSymbol' contextref='FD2019Q4YTD_dei_EntityListingsExchangeAxis_exch_XNYS_us-gaap_StatementClassOfStockAxis_bcorp_A6.625SeniorNotesdue2049Member'>BC-B
<_ix3a_nonnumeric id='d7107548e450-wk-Fact-8D93B485B7A3269FB801D537E8ACDE63' name='dei:SecurityExchangeName' contextref='FD2019Q4YTD_dei_EntityListingsExchangeAxis_exch_XNYS_us-gaap_StatementClassOfStockAxis_bcorp_A6.625SeniorNotesdue2049Member' format='ixt-sec:exchnameen'>New York Stock Exchange
<_ix3a_nonnumeric id='d7107548e456-wk-Fact-CDFF142F2F7BDF8F0488D5406659B5E7' name='dei:Security12bTitle' contextref='FD2019Q4YTD_dei_EntityListingsExchangeAxis_exch_XNYS_us-gaap_StatementClassOfStockAxis_bcorp_A6.375SeniorNotesdue2049Member'>6.375% Senior Notes due 2049
<_ix3a_nonnumeric id='d7107548e466-wk-Fact-AF4A056B0B6AE3E16F68D542EF5FDCDE' name='dei:TradingSymbol' contextref='FD2019Q4YTD_dei_EntityListingsExchangeAxis_exch_XNYS_us-gaap_StatementClassOfStockAxis_bcorp_A6.375SeniorNotesdue2049Member'>BC-C
<_ix3a_nonnumeric id='d7107548e476-wk-Fact-CD35D47747F555206E66D537EBCE2CF0' name='dei:SecurityExchangeName' contextref='FD2019Q4YTD_dei_EntityListingsExchangeAxis_exch_XNYS_us-gaap_StatementClassOfStockAxis_bcorp_A6.375SeniorNotesdue2049Member' format='ixt-sec:exchnameen'>New York Stock Exchange
Securities registered pursuant to Section 12(g) of the Act: None

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.<_ix3a_nonnumeric id='d7107548e488-wk-Fact-E27985DC3A585C2097F51EC1D73730EA' name='dei:EntityWellKnownSeasonedIssuer' contextref='FD2019Q4YTD'>YesNo

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes<_ix3a_nonnumeric id='d7107548e508-wk-Fact-C5A48A6AE8A45D76BE2D50D886635FAA' name='dei:EntityVoluntaryFilers' contextref='FD2019Q4YTD'>No

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.<_ix3a_nonnumeric id='d7107548e520-wk-Fact-B726C7EA8BAC57E29618AB777A7D40C8' name='dei:EntityCurrentReportingStatus' contextref='FD2019Q4YTD'>YesNo

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).<_ix3a_nonnumeric id='d7107548e537-wk-Fact-2D01815F93D550DC994A3FB81F5A9E19' name='dei:EntityInteractiveDataCurrent' contextref='FD2019Q4YTD'>YesNo

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of 'large accelerated filer,' 'accelerated filer,' 'smaller reporting company' and 'emerging growth company' in Rule 12b-2 of the Exchange Act. (Check one):
<_ix3a_nonnumeric id='d7107548e567-wk-Fact-668229595A93FB2888AEE5728906072F' name='dei:EntityFilerCategory' contextref='FD2019Q4YTD' format='ixt-sec:entityfilercategoryen'>Large accelerated filer
Accelerated filer
Non-accelerated filer
Smaller reporting company
<_ix3a_nonnumeric id='d7107548e603-wk-Fact-E5F64B458D3BC3E01187E573FFDBAC26' name='dei:EntitySmallBusiness' contextref='FD2019Q4YTD' format='ixt-sec:boolballotbox'>☐
Emerging growth company
<_ix3a_nonnumeric id='d7107548e614-wk-Fact-86E783ED6C220358F45FE5735145C469' name='dei:EntityEmergingGrowthCompany' contextref='FD2019Q4YTD' format='ixt-sec:boolballotbox'>☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes<_ix3a_nonnumeric id='d7107548e638-wk-Fact-1B386CF7217A5252898B18E45E81D05B' name='dei:EntityShellCompany' contextref='FD2019Q4YTD' format='ixt-sec:boolballotbox'>No

As of June 28, 2019, the last business day of the registrant's most recently completed second fiscal quarter, the aggregate market value of the voting stock of the registrant held by non-affiliates was $<_ix3a_nonfraction id='d7107548e656-wk-Fact-060E4DDE2645508788BA5B70B975107D' name='dei:EntityPublicFloat' contextref='I2019Q2PublicFloat' unitref='usd' decimals='0' scale='0' format='ixt:numdotdecimal'>3,906,175,936. Such number excludes stock beneficially owned by executive officers and directors. This does not constitute an admission that they are affiliates.

The number of shares of Common Stock ($0.75 par value) of the registrant outstanding as of February 12, 2020was<_ix3a_nonfraction id='d7107548e669-wk-Fact-BABFF5665C5E5F73967CB849E93C9D95' name='dei:EntityCommonStockSharesOutstanding' contextref='I2020Q1SharesOutstanding' unitref='shares' decimals='0' scale='0' format='ixt:numdotdecimal'>79,470,343.

DOCUMENTS INCORPORATED BY REFERENCE
Part III of the Form 10-K incorporates by reference certain information that will be set forth in the Company's definitive Proxy Statement for the Annual Meeting of Shareholders scheduled to be held on May 6, 2020.




EXPLANATORY NOTE

<_ix3a_nonnumeric id='d7106684e97-wk-Fact-81446505A565849F16FBE98BEE4A0530' name='dei:AmendmentDescription' contextref='FD2019Q4YTD'>Brunswick Corporation (the 'Company') is filing this Amendment No. 1 (this 'Amendment No. 1') to its Annual Report on Form 10-K for the year ended December 31, 2019 (the 'Original Filing '), originally filed with the Securities and Exchange Commission on February 18, 2020 (the 'Original Filing Date'), solely to correct the Report of Independent Registered Public Accounting Firm (included in the Index to Financial Statements and Financial Statement Schedule on pages 52-53 of the Original Filing) and the Consent of Deloitte & Touche LLP (filed as Exhibit 23.1 of the Original Filing), each of which inadvertently omitted the typeset signature of Deloitte & Touche LLP. The Report of Independent Registered Public Accounting Firm included below and the Consent of Deloitte & Touche LLP filed as an exhibit to this Amendment No. 1 include the omitted signatures.

Except as described above, no changes have been made to the Original Filing, and this Amendment No. 1 does not modify, amend or update any of the financial information or other information contained in the Original Filing. This Amendment No. 1 does not reflect events that may have occurred subsequent to the Original Filing Date.




BRUNSWICK CORPORATION

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the shareholders and the Board of Directors of Brunswick Corporation
Mettawa, Illinois
Opinion on the Financial Statements
We have audited the accompanying consolidated balance sheets of Brunswick Corporation and subsidiaries (the 'Company') as of December 31, 2019 and 2018, the related consolidated statements of operations, comprehensive income, shareholders' equity, and cash flows, for each of the three years in the period ended December 31, 2019, and the related notes and the schedule listed in the Index at Item 15 (collectively referred to as the 'financial statements'). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2019 and 2018, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2019, in conformity with accounting principles generally accepted in the United States of America.
We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company's internal control over financial reporting as of December 31, 2019, based on criteria established in Internal Control-Integrated Framework (2013)issued by the Committee of Sponsoring Organizations of the Treadway Commission and our report dated February 18, 2020, expressed an unqualified opinion on the Company's internal control over financial reporting.
Basis for Opinion
These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's financial statements based on our audits. We are a public accounting firm registered with the PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.
Critical Audit Matter
The critical audit matter communicated below is a matter arising from the current-period audit of the financial statements that was communicated or required to be communicated to the audit committee and that (1) relates to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective, or complex judgments. The communication of critical audit matters does not alter in any way our opinion on the financial statements, taken as a whole, and we are not, by communicating the critical audit matter below, providing a separate opinion on the critical audit matter or on the accounts or disclosures to which it relates.
Power Products Trade Name Intangible Assets-Refer to Notes 1 and 11 to the financial statements
Critical Audit Matter Description
As of December 31, 2019, the carrying value of the Power Products trade name intangible assets was $111 million. Management assesses the recoverability of the Power Products trade name intangible assets at least annually by estimating the fair value of the trade name and comparing this fair value to the carrying value. The determination of the fair value requires management to make significant estimates and assumptions related to royalty rates, discount rates, and forecasts of future Power Products revenues.
How the Critical Audit Matter Was Addressed in the Audit
We tested the effectiveness of controls over management's intangible assets impairment evaluation, including those over the determination of the fair value of the Power Products trade name, such as controls related to management's forecasts of future Power Products revenues and selection of the royalty and discount rates.




We evaluated management's ability to accurately forecast future Power Products revenues by comparing actual Power Products revenues to management's historical forecasts.
We evaluated the reasonableness of management's forecasts of future Power Products revenues by comparing management's forecasts to:
-
Historical revenues.
-
Internal strategic forecasts presented to management and the Board of Directors.
-
Forecasted information included in Company press releases as well as in analyst and industry reports of the Company and selected companies in its peer group.
With the assistance of our fair value specialists, we evaluated the reasonableness of the royalty and discount rates by:
-
Testing the source information underlying the determination of the royalty and discount rates and the mathematical accuracy of the calculation.
-
Developing a range of independent estimates and comparing those to the royalty and discount rates selected by management.

/s/ DELOITTE & TOUCHE LLP

Chicago, Illinois
February 18, 2020

We have served as the Company's auditor since 2014.





Item 15. Exhibits
Item 15 of the Original Filing is hereby amended solely to update the Exhibit Index with the corrected Consent of Deloitte & Touche LLP and with the new certifications required pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. The updated Exhibit Index is below.
Exhibit No.
Description
2.1
Equity Purchase Agreement, dated as of May 5, 2019, between Brunswick Corporation and Lumos International Holdings B.V., filed as Exhibit 2.1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on May 8, 2019 and hereby incorporated by reference.
3.1
Restated Certificate of Incorporation of the Company, dated July 22, 1987, filed as Exhibit 19.2 to the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 1987, as filed with the Securities and Exchange Commission, and hereby incorporated by reference.

3.2
Amendments to Restated Certificate of Incorporation of the Company, as effective May 2, 2018, filed as Exhibit 3.1 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2018, as filed with the Securities and Exchange Commission on May 3, 2018, and hereby incorporated by reference.
3.3
Certificate of Designation, Preferences and Rights of Series A Junior Participating Preferred Stock, filed as Exhibit 3.2 to the Company's Annual Report on Form 10-K for 1995 as filed with the Securities and Exchange Commission on March 23, 1995, and hereby incorporated by reference.
3.4
Amended By-Laws of the Company, filed as Exhibit 3.1 to the Company's Quarterly Report on Form 10-Q for the quarter ended April 2, 2016 as filed with the Securities and Exchange Commission on May 5, 2016, and hereby incorporated by reference.
4.1†
Description of the Company's Securities Registered Pursuant to Section 12 of the Exchange Act.
4.2
Indenture, dated as of October 3, 2018, between the Company and U.S. Bank National Association, as Trustee, filed as Exhibit 4.1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on October 3, 2018, and hereby incorporated by reference.
4.3
First Supplemental Indenture, dated as of October 3, 2018, between the Company and U.S. Bank National Association, as Trustee, filed as Exhibit 4.2 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on October 3, 2018, and hereby incorporated by reference.
4.4
Second Supplemental Indenture, dated as of December 3, 2018, between the Company and U.S. Bank National Association, as Trustee, filed as Exhibit 4.2 to the Company's Current Report on Form 8-K filed on December 3, 2018 and hereby incorporated by reference.
4.5
Third Supplemental Indenture, dated as of March 4, 2019, between the Company and U.S. Bank National Association, as Trustee, filed as Exhibit 4.2 to the Company's Current Report on Form 8-K as filed with the Securities and Exchange Commission on March 4, 2019, and hereby incorporated by reference.
4.6
Form of Global Note for the 6.500% Senior Notes due 2048, incorporated by reference to Exhibit 4.3 to the Company's Registration Statement on Form 8-A filed with the Securities and Exchange Commission on October 3, 2018 and hereby incorporated by reference.
4.7
Form of Global Note for the 6.625% Senior Notes due 2049, filed as Exhibit 4.3 to the Form 8-A filed with the Securities and Exchange Commission on December 3, 2018, and hereby incorporated by reference.
4.8
Form of Global Note for the 6.375% Senior Notes due 2049, filed as Exhibit 4.3 to the Form 8-A filed with the Securities and Exchange Commission on March 4, 2019, and hereby incorporated by reference.
4.9
Indenture, dated as of March 15, 1987, between the Company and Continental Illinois National Bank and Trust Company of Chicago, filed as Exhibit 4.1 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 1987, and hereby incorporated by reference.
4.10
Officers' Certificate setting forth terms of the Company's $125,000,000 principal amount of 7 3/8% Debentures due September 1, 2023, filed as Exhibit 4.3 to the Company's Annual Report on Form 10-K for 1993 as filed with the Securities and Exchange Commission on March 29, 1994, and hereby incorporated by reference.
4.11
Form of the Company's $200,000,000 principal amount of 7 1/8% Notes due August 1, 2027, filed as Exhibit 4.1 to the Company's Current Report on Form 8-K as filed with the Securities and Exchange Commission on August 21, 1997, and hereby incorporated by reference.
4.12
The Company's agreement to furnish additional debt instruments upon request by the Securities and Exchange Commission, filed as Exhibit 4.10 to the Company's Annual Report on Form 10-K for 1980, and hereby incorporated by reference.




10.1
Term Loan Credit Agreement, dated as of August 7, 2018, among the Company, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent, filed as Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on August 9, 2018 and hereby incorporated by reference.
10.2
Amended and Restated Credit Agreement, dated as of March 21, 2011, as amended and restated as of June 26, 2014, as further amended and restated as of June 30, 2016, as further amended as of July 13, 2018 and as further amended and restated as of September 26, 2018, among the Company, the subsidiary borrowers party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent, filed as Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on September 28, 2018 and hereby incorporated by reference.

10.3
Extension Amendment, dated as of November 12, 2019, amending the Amended and Restated Credit Agreement, dated as of March 21, 2011, as amended and restated as of June 26, 2014, as further amended and restated as of June 30, 2016, as further amended as of July 13, 2018 and as further amended and restated as of September 26, 2018, among the Company, the subsidiary borrowers party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent, filed as Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on November 12, 2019 and hereby incorporated by reference.
10.4
First Amendment, dated September 26, 2018, to the Term Loan Credit Agreement, dated as of August 7, 2018, among the Company, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent, filed as Exhibit 10.2 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on September 28, 2018 and hereby incorporated by reference.
10.5
Form of Dealer Agreement between Brunswick Corporation and the Dealer party thereto, filed as Exhibit 10.1 to the Company's Current Report on Form 8-K as filed with the Securities and Exchange Commission on December 19, 2019, and hereby incorporated by reference.

10.6*

Terms and Conditions of Employment Agreement for David M. Foulkes, effective January 1, 2019, filed as Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on December 10, 2018 and hereby incorporated by reference.
10.7*†
Form of Officer Terms and Conditions of Employment.
10.8*
Brunswick Corporation Supplemental Pension Plan as amended and restated effective February 3, 2009, filed as Exhibit 10.8 to the Company's Annual Report on Form 10-K for 2008 as filed with the Securities and Exchange Commission on February 24, 2009, and hereby incorporated by reference.
10.9*
Form of Non-Employee Director Indemnification Agreement, filed as Exhibit 10.5 to the Company's Annual Report on Form 10-K for 2006 as filed with the Securities and Exchange Commission on February 23, 2007, and hereby incorporated by reference.
10.10*
Brunswick Corporation 2003 Stock Incentive Plan, as amended and restated, filed as Exhibit 10.2 to the Company's Quarterly Report on Form 10-Q for the quarter ended April 3, 2010, as filed with the Securities and Exchange Commission on May 7, 2010, and hereby incorporated by reference.
10.11*
1997 Stock Plan for Non-Employee Directors, filed as Exhibit 10.3 to the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 1998, as filed with the Securities and Exchange Commission on November 13, 1998, and hereby incorporated by reference.
10.12*
Brunswick Corporation 2005 Elective Deferred Compensation Plan as amended and restated effective January 1, 2013, filed as Exhibit 10.2 to the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2012, as filed with the Securities and Exchange Commission on August 3, 2012, and hereby incorporated by reference.
10.13*
Brunswick Restoration Plan, as amended and restated effective January 1, 2013, filed as Exhibit 10.1 to the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2012, as filed with the Securities and Exchange Commission on August 3, 2012, and hereby incorporated by reference.
10.14*
Brunswick Corporation Senior Management Incentive Plan, filed as Exhibit 10.9 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 30, 2013, as filed with the Securities and Exchange Commission on May 1, 2013, and hereby incorporated by reference.
10.15*
Brunswick Corporation 2014 Stock Incentive Plan, filed as Exhibit 10.1 to the Company's Quarterly Report on Form 10-Q for the quarter ended June 28, 2014, as filed with the Securities and Exchange Commission on July 31, 2014 and hereby incorporated by reference.




10.16*
2017 Cash-Settled Restricted Stock Unit Grant Terms and Conditions Pursuant to the Brunswick Corporation 2014 Stock Incentive Plan, filed as Exhibit 10.5 to the Company's Quarterly Report on Form 10-Q for the quarter ended April 1, 2017, as filed with the Securities and Exchange Commission on May 4, 2017, and hereby incorporated by reference.
10.17*
2017 Stock-Settled Restricted Stock Unit Grant Terms and Conditions Pursuant to the Brunswick Corporation 2014 Stock Incentive Plan, filed as Exhibit 10.4 to the Company's Quarterly Report on Form 10-Q for the quarter ended April 1, 2017 as filed with the Securities and Exchange Commission on May 4, 2017 and hereby incorporated by reference.
10.18*
2018 Performance Share Grant Terms and Conditions Pursuant to the Brunswick Corporation 2014 Stock Incentive Plan, filed as Exhibit 10.3 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2018, as filed with the Securities and Exchange Commission on May 3, 2018, and hereby incorporated by reference.

10.19*
2018 Performance Share Grant Terms and Conditions for Select Key Employees Pursuant to the Brunswick Corporation 2014 Stock Incentive Plan, filed as Exhibit 10.4 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2018, as filed with the Securities and Exchange Commission on May 3, 2018, and hereby incorporated by reference.

10.20*
2018 Stock-Settled Restricted Stock Unit Grant Terms and Conditions Pursuant to the Brunswick Corporation 2014 Stock Incentive Plan, filed as Exhibit 10.5 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2018, as filed with the Securities and Exchange Commission on May 3, 2018, and hereby incorporated by reference.
10.21*
2018 Cash-Settled Restricted Stock Unit Grant Terms and Conditions Pursuant to the Brunswick Corporation 2014 Stock Incentive Plan, filed as Exhibit 10.6 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2018, as filed with the Securities and Exchange Commission on May 3, 2018, and hereby incorporated by reference.
10.22*
2018 Stock-Settled Restricted Stock Unit Grant Terms and Conditions for Select Key Employees Pursuant to the Brunswick Corporation 2014 Stock Incentive Plan, filed as Exhibit 10.7 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2018, as filed with the Securities and Exchange Commission on May 3, 2018, and hereby incorporated by reference.
10.23*
2019 Brunswick Performance Plan Summary Terms and Conditions, filed as Exhibit 10.1 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 30, 2019, as filed with the Securities and Exchange Commission on May 1, 2019, and hereby incorporated by reference.
10.24*
2019 Stock-Settled Restricted Stock Unit Grant Terms and Conditions for Select Key Employees Pursuant to the Brunswick Corporation 2014 Stock Incentive Plan, filed as Exhibit 10.4 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 30, 2019, as filed with the Securities and Exchange Commission on May 1, 2019, and hereby incorporated by reference.

10.25*
2019 Stock-Settled Restricted Stock Unit Grant Terms and Conditions Pursuant to the Brunswick Corporation 2014 Stock Incentive Plan, filed as Exhibit 10.5 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 30, 2019, as filed with the Securities and Exchange Commission on May 1, 2019, and hereby incorporated by reference.
10.26*
2019 Cash-Settled Restricted Stock Unit Grant Terms and Conditions Pursuant to the Brunswick Corporation 2014 Stock Incentive Plan, filed as Exhibit 10.6 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 30, 2019, as filed with the Securities and Exchange Commission on May 1, 2019, and hereby incorporated by reference.
10.27*
2019 Cash-Settled Restricted Stock Unit Grant Terms and Conditions for Select Key Employees Pursuant to the Brunswick Corporation 2014 Stock Incentive Plan, filed as Exhibit 10.7 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 30, 2019, as filed with the Securities and Exchange Commission on May 1, 2019, and hereby incorporated by reference.
10.28*
2019 Stock-Settled Stock Appreciation Right Grant Terms and Conditions Pursuant to the Brunswick Corporation 2014 Stock Incentive Plan, filed as Exhibit 10.8 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 30, 2019, as filed with the Securities and Exchange Commission on May 1, 2019, and hereby incorporated by reference.
10.29*
Brunswick Corporation 2005 Automatic Deferred Compensation Plan as amended and restated effective January 1, 2018, filed as Exhibit 10.9 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 30, 2019, as filed with the Securities and Exchange Commission on May 1, 2019, and hereby incorporated by reference.
10.30*†
2020 Brunswick Performance Plan Summary Terms and Conditions.
10.31*†
2020 Performance Share Grant Terms and Conditions Pursuant to the Brunswick Corporation 2014 Stock Incentive Plan.
10.32*†
2020 Performance Share Grant Terms and Conditions Pursuant to the Brunswick Corporation 2014 Stock Incentive Plan --TSR Participants.




10.33*†
2020 Stock-Settled Restricted Stock Unit Grant Terms and Conditions for Select Key Employees Pursuant to the Brunswick Corporation 2014 Stock Incentive Plan.
10.34*†
2020 Stock-Settled Restricted Stock Unit Grant Terms and Conditions Pursuant to the Brunswick Corporation 2014 Stock Incentive Plan.
10.35*†
2020 Cash-Settled Restricted Stock Unit Grant Terms and Conditions Pursuant to the Brunswick Corporation 2014 Stock Incentive Plan.
10.36*†
2020 Cash-Settled Restricted Stock Unit Grant Terms and Conditions for Select Key Employees Pursuant to the Brunswick Corporation 2014 Stock Incentive Plan.
12.1†
Ratios.
21.1†
Subsidiaries of the Company.
23.1
Consent of Independent Registered Public Accounting Firm.
24.1†
Power of Attorney.
31.1†
Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2†
Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.3
Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

31.4
Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1††
Certification of Chief Executive Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2††
Certification of Chief Financial Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS
Inline XBRL Instance Document.
101.SCH
Inline XBRL Taxonomy Extension Schema Document.
101.CAL
Inline XBRL Taxonomy Extension Calculation Linkbase Document.
101.DEF
Inline XBRL Taxonomy Extension Definition Linkbase Document.
101.LAB
Inline XBRL Taxonomy Extension Label Linkbase Document.
101.PRE
Inline XBRL Taxonomy Extension Presentation Linkbase Document.
104.1
Cover Page Interactive Data File, formatted in Inline XBRL, is contained in Exhibit 101.

* Management contract or compensatory plan or arrangement

† Filed as an exhibit to the Original Filing

†† Furnished as an exhibit to the Original Filing





SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this Amendment No. 1 to the Annual Report on Form 10-K for the year ended December 31, 2019 to be signed on its behalf by the undersigned, thereunto duly authorized.
BRUNSWICK CORPORATION

March 20, 2020
By:
/S/ RANDALL S. ALTMAN
Randall S. Altman
Vice President and Controller





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Brunswick Corporation published this content on 20 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 March 2020 16:38:10 UTC