Mine does - I just play the round of golf recording my strokes, and when I sync to my phone, my scorecard shows under golf and the associated walking activity and step count shows in the Activities->Steps area under Garmin Connect
It will show your step count accurately ONLY if you don't use both hands to push a push cart. If you're carrying a bag you should be fine. It appears as though, after quite a bit of testing, that the Garmin only picks up steps based on the swinging of the arm that the watch is attached to. If you're pushing the cart with both hands... Nope...
