Supplemental Balance Sheet Information

9 Months Ended

Sep. 30, 2024

Inventory Disclosure [Abstract]

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

In millions	September 30, 2024		December 31, 2023
Inventories
Raw materials and purchased components	$	715.2	$	779.3
Service parts, garments and accessories	348.3		346.9
Finished goods	1,042.2		779.4
Less: reserves	(106.8)		(95.1)
Inventories, net	$	1,998.9	$	1,810.5
Property and equipment
Land, buildings and improvements	$	689.9	$	653.4
Equipment and tooling	1,862.3		1,731.8
	2,552.2		2,385.2
Less: accumulated depreciation	(1,352.3)		(1,183.7)
Property and equipment, net	$	1,199.9	$	1,201.5
Accrued expenses
Compensation	$	164.0	$	212.7
Warranties	175.2		181.1
Sales promotions and incentives	255.5		230.9
Dealer holdback	159.8		193.2
Other accrued expenses	303.0		305.7
Total accrued expenses	$	1,057.5	$	1,123.6
Other current liabilities
Current operating lease liabilities	$	29.1	$	29.5
Income taxes payable	11.0		13.6
Total other current liabilities	$	40.1	$	43.1
Other long-term liabilities
Long-term operating lease liabilities	$	103.7	$	115.1
Long-term income taxes payable	13.9		12.1
Deferred tax liabilities	2.6		2.7
Other long-term liabilities	176.3		167.1
Total other long-term liabilities	$	296.5	$	297.0