Harley Davidson 2013 Annual Report Download - page 54

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54
HARLEY-DAVIDSON, INC.
CONSOLIDATED BALANCE SHEETS
December 31, 2013 and 2012
(In thousands, except share amounts)
2013 2012
ASSETS
Current assets:
Cash and cash equivalents $ 1,066,612 $ 1,068,138
Marketable securities 99,009 135,634
Accounts receivable, net 261,065 230,079
Finance receivables, net 1,773,686 1,743,045
Inventories 424,507 393,524
Restricted cash 144,807 188,008
Deferred income taxes 103,625 110,853
Other current assets 115,492 181,655
Total current assets 3,988,803 4,050,936
Finance receivables, net 4,225,877 4,038,807
Property, plant and equipment, net 842,477 815,464
Prepaid pension costs 244,871 —
Goodwill 30,452 29,530
Deferred income taxes 3,339 171,845
Other long-term assets 69,221 64,191
$ 9,405,040 $ 9,170,773
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable $ 239,794 $ 257,386
Accrued liabilities 427,335 513,591
Short-term debt 666,317 294,943
Current portion of long-term debt 1,176,140 437,162
Total current liabilities 2,509,586 1,503,082
Long-term debt 3,416,713 4,370,544
Pension liability 36,371 330,294
Postretirement healthcare liability 216,165 278,062
Deferred income taxes 49,499 —
Other long-term liabilities 167,220 131,167
Commitments and contingencies (Note 16)
Shareholders’ equity:
Preferred stock, none issued — —
Common stock, 343,157,231 and 341,265,838 shares issued in 2013 and 2012, respectively 3,432 3,413
Additional paid-in-capital 1,175,052 1,066,069
Retained earnings 7,852,729 7,306,424
Accumulated other comprehensive loss (332,676) (607,678)
Treasury stock (123,197,976 and 115,165,744 shares in 2013 and 2012, respectively), at cost (5,689,051) (5,210,604)
Total shareholders’ equity 3,009,486 2,557,624
$ 9,405,040 $ 9,170,773