HARLEY-DAVIDSON INC
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 23, 2024
HOG$34.20+4.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
December 31, 2023 and 2022
| 2023 | 2022 | |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $1,533,806 | $1,433,175 |
| Accounts receivable, net | 267,200 | 252,225 |
| Finance receivables, net of allowance of $67,035 and $62,488 | 2,113,729 | 1,782,631 |
| Inventories, net | 929,951 | 950,960 |
| Restricted cash | 104,642 | 135,424 |
| Other current assets | 214,401 | 196,238 |
| Current assets | 5,163,729 | 4,750,653 |
| Finance receivables, net of allowance of $314,931 and $296,223 | 5,384,536 | 5,355,807 |
| Property, plant and equipment, net | 731,724 | 689,886 |
| Pension and postretirement assets | 413,107 | 320,133 |
| Goodwill | 62,696 | 62,090 |
| Deferred income taxes | 161,184 | 135,041 |
| Lease assets | 69,650 | 43,931 |
| Other long-term assets | 153,928 | 134,935 |
| $12,140,554 | $11,492,476 | |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Accounts payable | $349,162 | $378,002 |
| Accrued liabilities | 646,859 | 620,945 |
| Short-term deposits, net | 253,309 | 79,710 |
| Short-term debt | 878,935 | 770,468 |
| Current portion of long-term debt, net | 1,255,999 | 1,684,782 |
| Current liabilities | 3,384,264 | 3,533,907 |
| Long-term deposits, net | 194,473 | 237,665 |
| Long-term debt, net | 4,990,586 | 4,457,052 |
| Lease liabilities | 51,848 | 26,777 |
| Pension and postretirement liabilities | 59,772 | 67,955 |
| Deferred income taxes | 33,514 | 29,528 |
| Other long-term liabilities | 173,802 | 232,784 |
| Commitments and contingencies (Note 15) | ||
| Shareholders’ equity: | ||
| Preferred stock, none issued | — | — |
| Common stock (Note 4) | 1,712 | 1,704 |
| Additional paid-in-capital | 1,752,435 | 1,688,159 |
| Retained earnings | 3,100,925 | 2,490,649 |
| Accumulated other comprehensive loss | (304,962) | (341,929) |
| Treasury stock, at cost (Note 4) | (1,297,302) | (935,064) |
| Total Harley-Davidson, Inc. shareholders' equity | 3,252,808 | 2,903,519 |
| Noncontrolling interest | (513) | 3,289 |
| Total equity | 3,252,295 | 2,906,808 |
| $12,140,554 | $11,492,476 | |
CONSOLIDATED BALANCE SHEETS (continued)
December 31, 2023 and 2022
| 2023 | 2022 | |
|---|---|---|
| Balances held by consolidated variable interest entities (Note 11) | ||
| Finance receivables, net - current | $533,262 | $559,651 |
| Other assets | $8,785 | $9,805 |
| Finance receivables, net - non-current | $1,934,113 | $2,317,956 |
| Restricted cash - current and non-current | $110,580 | $141,128 |
| Current portion of long-term debt, net | $577,203 | $619,683 |
| Long-term debt, net | $1,533,423 | $1,825,525 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.