HARLEY-DAVIDSON INC
For the period ended Sep 30, 2024. Filed Nov 6, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 6, 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
| (Unaudited) · (Unaudited) | |||
|---|---|---|---|
| September 30,2024 | December 31,2023 | September 30,2023 | |
| ASSETS | |||
| Cash and cash equivalents | $2,243,910 | $1,533,806 | $1,878,351 |
| Accounts receivable, net | 307,701 | 267,200 | 315,331 |
| Finance receivables, net of allowance of $70,073, $67,035, and $67,346 | 2,300,551 | 2,113,729 | 2,101,965 |
| Inventories, net | 681,864 | 929,951 | 768,765 |
| Restricted cash | 147,910 | 104,642 | 130,838 |
| Other current assets | 208,000 | 214,401 | 227,556 |
| Current assets | 5,889,936 | 5,163,729 | 5,422,806 |
| Finance receivables, net of allowance of $329,839, $314,931, and $325,368 | 5,499,836 | 5,384,536 | 5,553,259 |
| Property, plant and equipment, net | 728,467 | 731,724 | 703,304 |
| Pension and postretirement assets | 452,515 | 413,107 | 369,440 |
| Goodwill | 62,909 | 62,696 | 61,935 |
| Deferred income taxes | 169,290 | 161,184 | 144,764 |
| Lease assets | 69,837 | 69,650 | 69,034 |
| Other long-term assets | 153,869 | 153,928 | 137,674 |
| $13,026,659 | $12,140,554 | $12,462,216 | |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | |||
| Accounts payable | $305,619 | $349,162 | $382,127 |
| Accrued liabilities | 626,352 | 646,859 | 586,134 |
| Short-term deposits, net | 178,638 | 253,309 | 250,987 |
| Short-term debt | 497,373 | 878,935 | 815,081 |
| Current portion of long-term debt, net | 2,561,535 | 1,255,999 | 638,496 |
| Current liabilities | 4,169,517 | 3,384,264 | 2,672,825 |
| Long-term deposits, net | 370,372 | 194,473 | 227,946 |
| Long-term debt, net | 4,739,507 | 4,990,586 | 5,856,005 |
| Lease liabilities | 51,955 | 51,848 | 52,238 |
| Pension and postretirement liabilities | 58,551 | 59,772 | 67,991 |
| Deferred income taxes | 33,493 | 33,514 | 29,528 |
| Other long-term liabilities | 178,152 | 173,802 | 244,413 |
| Commitments and contingencies (Note 14) | |||
| Shareholders’ equity: | |||
| Common stock | 1,720 | 1,712 | 1,712 |
| Additional paid-in-capital | 1,784,123 | 1,752,435 | 1,738,026 |
| Retained earnings | 3,603,720 | 3,100,925 | 3,098,652 |
| Accumulated other comprehensive loss | (298,713) | (304,962) | (356,739) |
| Treasury stock, at cost | (1,659,544) | (1,297,302) | (1,171,635) |
| Total Harley-Davidson, Inc. shareholders' equity | 3,431,306 | 3,252,808 | 3,310,016 |
| Noncontrolling interest | (6,194) | (513) | 1,254 |
| Total equity | 3,425,112 | 3,252,295 | 3,311,270 |
| $13,026,659 | $12,140,554 | $12,462,216 | |
CONSOLIDATED BALANCE SHEETS (continued)
| (Unaudited) · (Unaudited) | |||
|---|---|---|---|
| September 30,2024 | December 31,2023 | September 30,2023 | |
| Balances held by consolidated variable interest entities (Note 10): | |||
| Finance receivables, net - current | $646,317 | $533,262 | $555,109 |
| Other assets | $6,045 | $8,785 | $9,395 |
| Finance receivables, net - non-current | $2,359,227 | $1,934,113 | $2,196,887 |
| Restricted cash - current and non-current | $156,583 | $110,580 | $135,762 |
| Current portion of long-term debt, net | $719,535 | $577,203 | $619,666 |
| Long-term debt, net | $1,904,175 | $1,533,423 | $1,791,784 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.