Harley Davidson 2012 Annual Report Download - page 56

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56
HARLEY-DAVIDSON, INC.
CONSOLIDATED BALANCE SHEETS
December 31, 2012 and 2011
(In thousands, except share amounts)
2012 2011
ASSETS
Current assets:
Cash and cash equivalents $ 1,068,138 $ 1,526,950
Marketable securities 135,634 153,380
Accounts receivable, net 230,079 219,039
Finance receivables, net 1,743,045 1,760,467
Inventories 393,524 418,006
Restricted cash 188,008 229,655
Deferred income taxes 110,853 132,331
Other current assets 181,655 102,378
Total current assets 4,050,936 4,542,206
Finance receivables, net 4,038,807 4,026,214
Property, plant and equipment, net 815,464 809,459
Goodwill 29,530 29,081
Deferred income taxes 171,845 202,439
Other long-term assets 64,191 64,765
$ 9,170,773 $ 9,674,164
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable $ 257,386 $ 255,713
Accrued liabilities 513,591 564,172
Short-term debt 294,943 838,486
Current portion of long-term debt 437,162 1,040,247
Total current liabilities 1,503,082 2,698,618
Long-term debt 4,370,544 3,843,886
Pension liability 330,294 302,483
Postretirement healthcare liability 278,062 268,582
Other long-term liabilities 131,167 140,339
Commitments and contingencies (Note 16)
Shareholders’ equity:
Preferred stock, none issued — —
Common stock, 341,265,838 and 339,107,230 shares issued in 2012 and 2011, respectively 3,413 3,391
Additional paid-in-capital 1,066,069 968,392
Retained earnings 7,306,424 6,824,180
Accumulated other comprehensive loss (607,678) (476,733)
7,768,228 7,319,230
Less:
Treasury stock (115,165,744 and 108,566,699 shares in 2012 and 2011, respectively), at
cost (5,210,604) (4,898,974)
Total shareholders’ equity 2,557,624 2,420,256
$ 9,170,773 $ 9,674,164