v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 176,223 $ 260,852
Restricted cash 53,125 37,001
Investments in marketable equity securities and other investments 898,148 858,743
Accounts receivable, net 461,554 514,426
Inventories and contracts in progress 267,199 295,808
Prepaid expenses 127,475 116,472
Income taxes receivable 14,342 7,714
Other current assets 11,640 7,608
Total Current Assets 2,009,706 2,098,624
Property, Plant and Equipment, Net 551,795 549,364
Lease Right-of-Use Assets 399,993 388,419
Investments in Affiliates 158,059 169,125
Goodwill, Net 1,535,561 1,500,036
Indefinite-Lived Intangible Assets 166,374 164,323
Amortized Intangible Assets, Net 37,031 56,696
Prepaid Pension Cost 2,550,465 2,510,520
Deferred Income Taxes 9,483 8,908
Deferred Charges and Other Assets 200,565 231,190
Total Assets 7,619,032 7,677,205
Current Liabilities    
Accounts payable, vehicle floor plan payable and accrued liabilities 639,183 712,505
Deferred revenue 356,310 390,976
Income taxes payable 4,692 11,502
Mandatorily redeemable noncontrolling interest 8,414 0
Current portion of lease liabilities 60,897 58,239
Current portion of long-term debt 502,124 26,577
Dividends declared 7,848 0
Total Current Liabilities 1,579,468 1,199,799
Accrued Compensation and Related Benefits 132,324 136,101
Other Liabilities 27,069 27,361
Deferred Income Taxes 742,501 739,260
Mandatorily Redeemable Noncontrolling Interest 13,102 159,548
Lease Liabilities 375,894 362,885
Long-Term Debt 314,251 721,615
Total Liabilities 3,184,609 3,346,569
Commitments and Contingencies (Note 14)
Redeemable Noncontrolling Interests 49,869 43,821
Preferred Stock 0 0
Common Stockholders’ Equity    
Common stock 20,000 20,000
Capital in excess of par value 364,793 356,919
Retained earnings 8,068,885 8,031,750
Accumulated other comprehensive income, net of taxes    
Cumulative foreign currency translation adjustment (10,848) (58,044)
Unrealized gain on pensions and other postretirement plans 392,611 393,949
Cash flow hedges (1,880) (1,108)
Cost of Class B common stock held in treasury (4,481,658) (4,486,805)
Total Common Stockholders’ Equity 4,351,903 4,256,661
Noncontrolling Interests 32,651 30,154
Total Equity 4,384,554 4,286,815
Total Liabilities and Equity $ 7,619,032 $ 7,677,205