XML 61 R52.htm IDEA: XBRL DOCUMENT v3.23.3
Additional Balance Sheet and Cash Flow Information - Reconciliation of Net Income to Net Cash Used by Operating Activities (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 25, 2022
Jun. 26, 2022
Mar. 27, 2022
Sep. 30, 2023
Sep. 25, 2022
Cash flows from operating activities:                
Net income $ 196,103 $ 173,830 $ 301,829 $ 261,186 $ 215,849 $ 222,502 $ 671,762 $ 699,537
Adjustments to reconcile Net income to Net cash provided by operating activities:                
Depreciation and amortization             112,592 114,867
Amortization of deferred loan origination costs             65,996 72,214
Amortization of financing origination fees             9,734 11,475
Provision for long-term employee benefits             (50,373) (14,637)
Employee benefit plan contributions and payments             (2,668) (4,766)
Stock compensation expense             64,538 33,595
Net change in wholesale finance receivables related to sales             (392,817) (294,698)
Provision for credit losses             170,496 94,572
Deferred income taxes             (8,455) (2,980)
Other, net             (19,738) 24,392
Changes in current assets and liabilities:                
Accounts receivable, net             (72,084) (150,726)
Finance receivables – accrued interest and other             2,366 3,566
Inventories, net             160,742 (6,577)
Accounts payable and accrued liabilities             14,453 37,745
Other current assets             (19,777) (42,875)
Total adjustments             35,005 (124,833)
Net cash provided by operating activities             $ 706,767 $ 574,704