Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2023

The following tables disaggregate the Company’s revenue by major product type and geography (in millions):


	For the Year Ended December 31, 2023
	Off Road		On Road		Marine		Corporate		Total
Revenue by product type
Wholegoods	$	5,374.9	$	981.8	$	765.4	$	—	$	7,122.1
PG&A	1,609.5		202.8		—		—		1,812.3
Total revenue	$	6,984.4	$	1,184.6	$	765.4	$	—	$	8,934.4

Revenue by geography
United States	$	5,787.3	$	591.4	$	743.5	$	—	$	7,122.2
Canada	522.7		43.1		18.2		—		584.0
EMEA	405.3		480.2		0.7		—		886.2
APLA	269.1		69.9		3.0		—		342.0
Total revenue	$	6,984.4	$	1,184.6	$	765.4	$	—	$	8,934.4

Schedule of activity in the warranty reserve

The activity in the deferred revenue reserve for ESCs during the periods presented was as follows (in millions):


	For the Years Ended December 31,
	2023		2022		2021
Balance at beginning of year	$	111.1	$	108.3	$	89.1
New contracts sold	49.1		49.1		55.0
Revenue recognized on existing contracts	(49.9)		(46.3)		(35.8)
Balance at end of year	$	110.3	$	111.1	$	108.3

The Company expects to recognize approximately $35.3 million of the unearned amount over the 12 months following December 31, 2023, compared to $35.5 million as of December 31, 2022. These amounts were recorded in accrued expenses in the consolidated balance sheets. The amount recorded in other long-term liabilities totaled $75.0 million and $75.6 million as of December 31, 2023 and 2022, respectively.