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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Mar. 31, 2024
ASSETS      
Cash and cash equivalents $ 1,931,175 $ 1,589,608 $ 1,464,614
Accounts receivable, net 313,334 234,315 305,991
Finance receivables, net of allowance of $72,565, $72,244, and $66,302 2,286,672 2,031,496 2,523,250
Inventories, net 712,312 745,793 779,575
Restricted cash 150,132 135,661 129,745
Other current assets 253,687 259,764 182,730
Current assets 5,647,312 4,996,637 5,385,905
Finance receivables, net of allowance of $320,613, $328,939, and $314,059 5,112,935 5,256,798 5,382,772
Property, plant and equipment, net 750,619 757,072 718,683
Pension and postretirement assets 454,359 440,825 426,817
Goodwill 62,347 61,655 62,286
Deferred income taxes 159,040 175,826 154,082
Lease assets 63,405 63,853 66,005
Other long-term assets 132,364 128,913 138,370
Assets 12,382,381 11,881,579 12,334,920
LIABILITIES AND SHAREHOLDERS’ EQUITY      
Accounts payable 443,129 298,718 397,506
Accrued liabilities 662,673 593,960 632,814
Short-term deposits, net 178,376 173,099 240,445
Short-term debt 498,500 640,204 938,719
Current portion of long-term debt, net 1,839,100 1,851,513 1,281,840
Current liabilities 3,621,778 3,557,494 3,491,324
Long-term deposits, net 334,954 377,487 200,723
Long-term debt, net 4,963,261 4,468,665 4,988,891
Lease liabilities 47,967 47,420 48,389
Pension and postretirement liabilities 53,104 53,874 59,226
Deferred income taxes 17,015 16,889 33,509
Other long-term liabilities 170,612 201,250 176,772
Commitments and contingencies (Note 14)
Shareholders’ equity:      
Common stock 1,726 1,720 1,720
Additional paid-in-capital 1,797,814 1,792,523 1,763,000
Retained earnings 3,575,241 3,465,058 3,311,481
Accumulated other comprehensive loss (338,183) (332,706) (332,558)
Treasury stock, at cost (1,854,419) (1,760,548) (1,405,922)
Total Harley-Davidson, Inc. shareholders' equity 3,182,179 3,166,047 3,337,721
Noncontrolling interest (8,489) (7,547) (1,635)
Total equity 3,173,690 3,158,500 3,336,086
Total liabilities and shareholders' equity $ 12,382,381 $ 11,881,579 $ 12,334,920