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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 140,717 $ 169,897
Restricted cash 46,898 31,994
Investments in marketable equity securities and other investments 822,034 697,028
Accounts receivable, net 466,019 525,087
Inventories and contracts in progress 323,542 297,211
Prepaid expenses 131,688 119,933
Income taxes receivable 3,869 6,848
Other current assets 4,499 1,298
Total Current Assets 1,939,266 1,849,296
Property, Plant and Equipment, Net 544,398 560,314
Lease Right-of-Use Assets 405,354 409,183
Investments in Affiliates 185,500 186,480
Goodwill, Net 1,512,447 1,525,194
Indefinite-Lived Intangible Assets 187,379 187,862
Amortized Intangible Assets, Net 73,008 112,194
Prepaid Pension Cost 2,129,196 2,113,638
Deferred Income Taxes 10,750 10,578
Deferred Charges and Other Assets 246,755 232,991
Total Assets 7,234,053 7,187,730
Current Liabilities    
Accounts payable, vehicle floor plan payable and accrued liabilities 696,699 694,521
Deferred revenue 326,225 396,754
Income taxes payable 15,376 7,406
Current portion of lease liabilities 60,291 64,247
Current portion of long-term debt 101,874 66,751
Dividends declared 7,574 0
Total Current Liabilities 1,208,039 1,229,679
Accrued Compensation and Related Benefits 128,511 137,275
Other Liabilities 35,092 32,076
Deferred Income Taxes 602,664 600,124
Mandatorily Redeemable Noncontrolling Interest 115,895 40,764
Lease Liabilities 377,428 376,677
Long-Term Debt 732,898 745,082
Total Liabilities 3,200,527 3,161,677
Commitments and Contingencies (Note 14)
Redeemable Noncontrolling Interests 38,006 24,185
Preferred Stock 0 0
Common Stockholders’ Equity    
Common stock 20,000 20,000
Capital in excess of par value 361,637 372,040
Retained earnings 7,417,877 7,337,463
Accumulated other comprehensive income, net of taxes    
Cumulative foreign currency translation adjustment (42,478) (32,711)
Unrealized gain on pensions and other postretirement plans 630,068 649,185
Cash flow hedges (1,060) (2,137)
Cost of Class B common stock held in treasury (4,417,957) (4,368,103)
Total Common Stockholders’ Equity 3,968,087 3,975,737
Noncontrolling Interests 27,433 26,131
Total Equity 3,995,520 4,001,868
Total Liabilities and Equity $ 7,234,053 $ 7,187,730