Harley Davidson 2015 Annual Report Download - page 100

Download and view the complete annual report

Please find page 100 of the 2015 Harley Davidson annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 119

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119

100
December 31, 2014
Motorcycles
& Related
Products
Operations
Financial
Services
Operations Eliminations Consolidated
ASSETS
Current assets:
Cash and cash equivalents $ 573,895 $ 332,785 $ — $ 906,680
Marketable securities 57,325 — — 57,325
Accounts receivable, net 658,735 — (411,114) 247,621
Finance receivables, net — 1,916,635 — 1,916,635
Inventories 448,871 — — 448,871
Restricted cash — 98,627 — 98,627
Deferred income taxes 50,015 39,901 — 89,916
Other current assets 142,278 43,125 (2,983) 182,420
Total current assets 1,931,119 2,431,073 (414,097) 3,948,095
Finance receivables, net — 4,516,246 — 4,516,246
Property, plant and equipment, net 848,661 34,416 — 883,077
Goodwill 27,752 — — 27,752
Deferred income taxes 75,121 4,863 (2,149) 77,835
Other long-term assets 113,727 39,309 (77,944) 75,092
$ 2,996,380 $ 7,025,907 $ (494,190) $ 9,528,097
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable $ 171,098 $ 436,884 $ (411,114) $ 196,868
Accrued liabilities 370,652 83,797 (5,132) 449,317
Short-term debt — 731,786 — 731,786
Current portion of long-term debt — 1,011,315 — 1,011,315
Total current liabilities 541,750 2,263,782 (416,246) 2,389,286
Long-term debt — 3,761,528 — 3,761,528
Pension liability 76,186 — — 76,186
Postretirement healthcare liability 203,006 — — 203,006
Other long-term liabilities 164,060 24,745 — 188,805
Commitments and contingencies (Note 15)
Total shareholders’ equity 2,011,378 975,852 (77,944) 2,909,286
$ 2,996,380 $ 7,025,907 $ (494,190) $ 9,528,097