Harley Davidson 2014 Annual Report Download - page 102

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Year Ended December 31, 2014
Motorcycles
& Related
Products
Operations
Financial
Services
Operations
Eliminations
&
Adjustments Consolidated
Cash flows from financing activities:
Proceeds from issuance of medium-term notes — 991,835 — 991,835
Repayments of medium-term notes — (526,431)— (526,431)
Repayment of senior unsecured notes (303,000)— — (303,000)
Intercompany borrowing activity 200,000 (200,000)— —
Proceeds from securitization debt — 847,126 — 847,126
Repayments of securitization debt — (834,856)— (834,856)
Borrowings of asset-backed commercial paper — 84,907 — 84,907
Repayments of asset-backed commercial paper — (77,800)— (77,800)
Net increase in credit facilities and unsecured commercial
paper
— 63,945 — 63,945
Net change in restricted cash — 22,755 — 22,755
Dividends (238,300)(120,000)120,000 (238,300)
Purchase of common stock for treasury (615,602)— — (615,602)
Excess tax benefits from share-based payments 11,540 — — 11,540
Issuance of common stock under employee stock option plans 37,785 — — 37,785
Net cash (used by) provided by financing activities (907,577)251,481 120,000 (536,096)
Effect of exchange rate changes on cash and cash equivalents (23,079)(2,784)— (25,863)
Net decrease in cash and cash equivalents $(145,017) $ (14,915) $ —$(159,932)
Cash and cash equivalents:
Cash and cash equivalents—beginning of period $718,912 $347,700 $—$1,066,612
Net decrease in cash and cash equivalents (145,017)(14,915)— (159,932)
Cash and cash equivalents—end of period $573,895 $332,785 $—$906,680
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