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Consolidated Statements of Equity - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Non Controlling Interest
Beginning balance (in shares) at Dec. 31, 2022   57.0        
Beginning balance at Dec. 31, 2022 $ 1,101.5 $ 0.6 $ 1,152.1 $ 33.8 $ (87.5) $ 2.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Employee stock compensation (in shares)   0.4        
Employee stock compensation 44.8   44.8      
Deferred compensation 1.4   1.7 (0.3)    
Proceeds from stock issuances under employee plans (in shares)   0.5        
Proceeds from stock issuances under employee plans 50.9   50.9      
Cash dividends declared [1] (110.6)     (110.6)    
Repurchase and retirement of common shares (in shares)   (1.4)        
Repurchase and retirement of common shares (159.4)   (27.8) (131.6)    
Net income 399.4     399.4    
Other Comprehensive Income (Loss), Net of Tax 7.2       7.2  
Ending balance (in shares) at Sep. 30, 2023   56.5        
Ending balance at Sep. 30, 2023 1,335.2 $ 0.6 1,221.7 190.7 (80.3) 2.5
Beginning balance (in shares) at Jun. 30, 2023   56.6        
Beginning balance at Jun. 30, 2023 1,249.2 $ 0.6 1,186.9 122.1 (63.1) 2.7
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Employee stock compensation (in shares)   0.1        
Employee stock compensation 15.2   15.2      
Deferred compensation 4.4   2.2 2.2    
Proceeds from stock issuances under employee plans (in shares)   0.3        
Proceeds from stock issuances under employee plans 27.1   27.1      
Cash dividends declared [2] (36.7)     (36.7)    
Repurchase and retirement of common shares (in shares)   (0.5)        
Repurchase and retirement of common shares (58.3)   (9.7) (48.6)    
Net income 151.5     151.7   (0.2)
Other Comprehensive Income (Loss), Net of Tax (17.2)       (17.2)  
Ending balance (in shares) at Sep. 30, 2023   56.5        
Ending balance at Sep. 30, 2023 1,335.2 $ 0.6 1,221.7 190.7 (80.3) 2.5
Beginning balance (in shares) at Dec. 31, 2023   56.5        
Beginning balance at Dec. 31, 2023 1,420.8 $ 0.6 1,231.8 243.5 (57.5) 2.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Employee stock compensation (in shares)   0.2        
Employee stock compensation 38.4   38.4      
Deferred compensation 0.9   (0.4) 1.3    
Proceeds from stock issuances under employee plans (in shares)   0.1        
Proceeds from stock issuances under employee plans 5.4   5.4      
Cash dividends declared [1] (110.7)     (110.7)    
Repurchase and retirement of common shares (in shares)   (1.0)        
Repurchase and retirement of common shares (82.3)   (21.0) (61.3)    
Cash dividend to noncontrolling interest (0.6)         (0.6)
Addition of noncontrolling interest 2.0         2.0
Net income 100.4     100.2   0.2
Other Comprehensive Income (Loss), Net of Tax (28.8)       (28.8)  
Ending balance (in shares) at Sep. 30, 2024   55.8        
Ending balance at Sep. 30, 2024 1,345.5 $ 0.6 1,254.2 173.0 (86.3) 4.0
Beginning balance (in shares) at Jun. 30, 2024   55.7        
Beginning balance at Jun. 30, 2024 1,342.8 $ 0.6 1,243.0 182.6 (88.1) 4.7
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Employee stock compensation 10.0   10.0      
Deferred compensation (0.3)   0.4 (0.7)    
Proceeds from stock issuances under employee plans (in shares)   0.1        
Proceeds from stock issuances under employee plans 0.8   0.8      
Cash dividends declared [2] (36.6)     (36.6)    
Cash dividend to noncontrolling interest (0.6)         (0.6)
Net income 27.6     27.7   (0.1)
Other Comprehensive Income (Loss), Net of Tax 1.8       1.8  
Ending balance (in shares) at Sep. 30, 2024   55.8        
Ending balance at Sep. 30, 2024 $ 1,345.5 $ 0.6 $ 1,254.2 $ 173.0 $ (86.3) $ 4.0
[1] Polaris Inc. declared and paid aggregate dividends of $1.98 per share for the nine month period ended September 30, 2024 and aggregate dividends of $1.95 per share for the nine month period ended September 30, 2023.
[2] Polaris Inc. declared and paid a dividend of $0.66 per share for the three month period ended September 30, 2024 and a dividend of $0.65 per share for the three month period ended September 30, 2023.