CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024	Sep. 30, 2024
ASSETS
Cash and cash equivalents	$ 1,775,038	$ 1,589,608	$ 2,243,910
Accounts receivable, net	305,010	234,315	307,701
Finance receivables held for sale, net	4,080,885	0	0
Finance receivables held for investment, net of (recovery) allowance of $(15,952), $72,244, and $70,073	1,221,348	2,031,496	2,300,551
Inventories, net	512,186	745,793	681,864
Restricted cash	51,530	135,661	147,910
Other current assets	297,444	259,764	208,000
Current assets	8,243,441	4,996,637	5,889,936
Finance receivables held for investment, net of allowance of $3,051, $328,939, and $329,839	662,201	5,256,798	5,499,836
Property, plant and equipment, net	719,103	757,072	728,467
Pension and postretirement assets	481,427	440,825	452,515
Goodwill	63,850	61,655	62,909
Deferred income taxes	90,837	175,826	169,290
Lease assets	67,290	63,853	69,837
Other long-term assets	238,235	128,913	153,869
Assets	10,566,384	11,881,579	13,026,659
LIABILITIES AND SHAREHOLDERS’ EQUITY
Accounts payable	342,787	298,718	305,619
Accrued liabilities	628,624	593,960	626,352
Short-term deposits, net	292,667	173,099	178,638
Short-term debt	684,741	640,204	497,373
Current portion of long-term debt, net	1,329,244	1,851,513	2,561,535
Current liabilities	3,278,063	3,557,494	4,169,517
Long-term deposits, net	261,801	377,487	370,372
Long-term debt, net	3,147,836	4,468,665	4,739,507
Lease liabilities	52,487	47,420	51,955
Pension and postretirement liabilities	51,141	53,874	58,551
Deferred income taxes	17,655	16,889	33,493
Other long-term liabilities	196,022	201,250	178,152
Commitments and contingencies (Note 14)
Shareholders’ equity:
Common stock	1,726	1,720	1,720
Additional paid-in-capital	1,814,691	1,792,523	1,784,123
Retained earnings	4,016,811	3,465,058	3,603,720
Accumulated other comprehensive loss	(306,285)	(332,706)	(298,713)
Treasury stock, at cost	(1,954,543)	(1,760,548)	(1,659,544)
Total Harley-Davidson, Inc. shareholders' equity	3,572,400	3,166,047	3,431,306
Noncontrolling interest	(11,021)	(7,547)	(6,194)
Total equity	3,561,379	3,158,500	3,425,112
Total liabilities and shareholders' equity	$ 10,566,384	$ 11,881,579	$ 13,026,659