Harley Davidson 2014 Annual Report Download - page 100

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December 31, 2013
Motorcycles
&€Related
Products
Operations
Financial
Services
Operations Eliminations Consolidated
ASSETS
Current assets:
Cash and cash equivalents $718,912 $347,700 $—$1,066,612
Marketable securities 99,009 — — 99,009
Accounts receivable, net 850,248 — (589,183)261,065
Finance receivables, net — 1,773,686 — 1,773,686
Inventories 424,507 — — 424,507
Restricted cash — 144,807 — 144,807
Deferred income taxes 70,557 33,068 — 103,625
Other current assets 82,717 34,573 (1,798)115,492
Total current assets 2,245,950 2,333,834 (590,981)3,988,803
Finance receivables, net — 4,225,877 — 4,225,877
Property, plant and equipment, net 808,005 34,472 — 842,477
Prepaid pension costs 244,871 — — 244,871
Goodwill 30,452 — — 30,452
Deferred income taxes 3,339 — — 3,339
Other long-term assets 126,940 17,360 (75,079)69,221
$3,459,557 $6,611,543 $(666,060) $ 9,405,040
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable $203,786 $625,191 $(589,183) $ 239,794
Accrued liabilities 353,618 77,774 (4,057)427,335
Short-term debt — 666,317 — 666,317
Current portion of long-term debt 303,000 873,140 — 1,176,140
Total current liabilities 860,404 2,242,422 (593,240)2,509,586
Long-term debt — 3,416,713 — 3,416,713
Pension liability 36,371 — — 36,371
Postretirement healthcare liability 216,165 — — 216,165
Deferred income taxes 44,584 2,656 2,259 49,499
Other long-term liabilities 146,686 20,534 — 167,220
Commitments and contingencies (Note 15)
Total shareholders’ equity 2,155,347 929,218 (75,079)3,009,486
$3,459,557 $6,611,543 $(666,060) $ 9,405,040
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