Harley Davidson 2015 Annual Report Download - page 99

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99
December 31, 2015
Motorcycles
& Related
Products
Operations
Financial
Services
Operations Eliminations Consolidated
ASSETS
Current assets:
Cash and cash equivalents $ 400,443 $ 321,766 $ — $ 722,209
Marketable securities 45,192 — — 45,192
Accounts receivable, net 390,799 — (143,394) 247,405
Finance receivables, net — 2,053,582 — 2,053,582
Inventories 585,907 — — 585,907
Restricted cash — 88,267 — 88,267
Deferred income taxes 56,319 46,450 — 102,769
Other current assets 90,824 49,078 (2,079) 137,823
Total current assets 1,569,484 2,559,143 (145,473) 3,983,154
Finance receivables, net — 4,814,571 — 4,814,571
Property, plant and equipment, net 906,972 35,446 — 942,418
Goodwill 54,182 — — 54,182
Deferred income taxes 86,075 15,681 (2,142) 99,614
Other long-term assets 140,034 37,796 (80,602) 97,228
$ 2,756,747 $ 7,462,637 $ (228,217) $ 9,991,167
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable $ 220,050 $ 158,958 $ (143,394) $ 235,614
Accrued liabilities 387,137 89,048 (4,221) 471,964
Short-term debt — 1,201,380 — 1,201,380
Current portion of long-term debt — 843,620 — 843,620
Total current liabilities 607,187 2,293,006 (147,615) 2,752,578
Long-term debt 746,934 4,098,454 — 4,845,388
Pension liability 164,888 — — 164,888
Postretirement healthcare liability 193,659 — — 193,659
Other long-term liabilities 166,440 28,560 — 195,000
Commitments and contingencies (Note 15)
Total shareholders’ equity 877,639 1,042,617 (80,602) 1,839,654
$ 2,756,747 $ 7,462,637 $ (228,217) $ 9,991,167