Harley Davidson 2015 Annual Report Download - page 54

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54
HARLEY-DAVIDSON, INC.
CONSOLIDATED BALANCE SHEETS
December 31, 2015 and 2014
(In thousands, except share amounts)
2015 2014
ASSETS
Current assets:
Cash and cash equivalents $ 722,209 $ 906,680
Marketable securities 45,192 57,325
Accounts receivable, net 247,405 247,621
Finance receivables, net 2,053,582 1,916,635
Inventories 585,907 448,871
Restricted cash 88,267 98,627
Deferred income taxes 102,769 89,916
Other current assets 137,823 182,420
Total current assets 3,983,154 3,948,095
Finance receivables, net 4,814,571 4,516,246
Property, plant and equipment, net 942,418 883,077
Goodwill 54,182 27,752
Deferred income taxes 99,614 77,835
Other long-term assets 97,228 75,092
$ 9,991,167 $ 9,528,097
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable $ 235,614 $ 196,868
Accrued liabilities 471,964 449,317
Short-term debt 1,201,380 731,786
Current portion of long-term debt 843,620 1,011,315
Total current liabilities 2,752,578 2,389,286
Long-term debt 4,845,388 3,761,528
Pension liability 164,888 76,186
Postretirement healthcare liability 193,659 203,006
Other long-term liabilities 195,000 188,805
Commitments and contingencies (Note 15)
Shareholders’ equity:
Preferred stock, none issued — —
Common stock, 344,855,704 and 344,174,653 shares issued, respectively 3,449 3,442
Additional paid-in-capital 1,328,561 1,265,257
Retained earnings 8,961,985 8,459,040
Accumulated other comprehensive loss (615,205)(514,943)
Treasury stock (160,121,966 and 132,297,840 shares, respectively), at cost (7,839,136)(6,303,510)
Total shareholders’ equity 1,839,654 2,909,286
$ 9,991,167 $ 9,528,097