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Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2023
Revenue Recognition [Abstract]  
Disaggregation of revenue
The following tables disaggregate the Company’s revenue by major product type and geography (in millions):
For the Year Ended December 31, 2023
Off RoadOn RoadMarineCorporateTotal
Revenue by product type
Wholegoods$5,374.9 $981.8 $765.4 $— $7,122.1 
PG&A1,609.5 202.8 — — 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 
Canada522.7 43.1 18.2 — 584.0 
EMEA405.3 480.2 0.7 — 886.2 
APLA269.1 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,
202320222021
Balance at beginning of year$111.1 $108.3 $89.1 
New contracts sold49.1 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.