| Accumulated Other Comprehensive Loss |
Accumulated Other Comprehensive LossChanges in Accumulated other comprehensive loss were as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, 2026 | | Accumulated Other Comprehensive Loss Attributable to Harley-Davidson, Inc. | | | | | | Foreign currency translation adjustments | | | | Derivative financial instruments | | Available for sale securities | | Pension and postretirement benefit plans | | Total | | Accumulated Other Comprehensive Loss Attributable to Noncontrolling Interests | | Total Accumulated Other Comprehensive Loss | | Balance, beginning of period | $ | (53,378) | | | | | $ | (2,525) | | | $ | (216) | | | $ | (215,985) | | | $ | (272,104) | | | $ | 3,060 | | | $ | (269,044) | | | Other comprehensive (loss) income, before reclassifications | (11,606) | | | | | 4,981 | | | (391) | | | — | | | (7,016) | | | (414) | | | $ | (7,430) | | Income tax (expense) benefit | — | | | | | (1,124) | | | 255 | | | — | | | (869) | | | — | | | (869) | | | (11,606) | | | | | 3,857 | | | (136) | | | — | | | (7,885) | | | (414) | | | (8,299) | | | Reclassifications: | | | | | | | | | | | | | | | | Net loss on derivative financial instruments | — | | | | | 7,963 | | | — | | | — | | | 7,963 | | | — | | | 7,963 | | | Net gains on available for sale securities | — | | | | | — | | | (33) | | | — | | | (33) | | | — | | | (33) | | Prior service credits(a) | — | | | | | — | | | — | | | 401 | | | 401 | | | — | | | 401 | | Actuarial gains(a) | — | | | | | — | | | — | | | (508) | | | (508) | | | — | | | (508) | | | Reclassifications before tax | — | | | | | 7,963 | | | (33) | | | (107) | | | 7,823 | | | — | | | 7,823 | | Income tax (expense) benefit | — | | | | | (2,055) | | | 8 | | | 25 | | | (2,022) | | | — | | | (2,022) | | | — | | | | | 5,908 | | | (25) | | | (82) | | | 5,801 | | | — | | | 5,801 | | Other comprehensive (loss) income | (11,606) | | | | | 9,765 | | | (161) | | | (82) | | | (2,084) | | | (414) | | | (2,498) | | | Balance, end of period | $ | (64,984) | | | | | $ | 7,240 | | | $ | (377) | | | $ | (216,067) | | | $ | (274,188) | | | $ | 2,646 | | | $ | (271,542) | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, 2025 | | Accumulated Other Comprehensive Loss Attributable to Harley-Davidson, Inc. | | | | | | Foreign currency translation adjustments | | | | Derivative financial instruments | | Available for sale securities | | Pension and postretirement benefit plans | | Total | | Accumulated Other Comprehensive Loss Attributable to Noncontrolling Interests | | Total Accumulated Other Comprehensive Loss | | Balance, beginning of period | $ | (83,737) | | | | | $ | (4,523) | | | $ | — | | | $ | (249,923) | | | $ | (338,183) | | | $ | — | | | $ | (338,183) | | Other comprehensive income, before reclassifications | 46,296 | | | | | 114,628 | | | — | | | — | | | 160,924 | | | — | | | 160,924 | | Income tax expense | — | | | | | (27,412) | | | — | | | — | | | (27,412) | | | — | | | (27,412) | | | 46,296 | | | | | 87,216 | | | — | | | — | | | 133,512 | | | — | | | 133,512 | | | Reclassifications: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net gain on derivative financial instruments | — | | | | | (122,059) | | | — | | | — | | | (122,059) | | | — | | | (122,059) | | Prior service credits(a) | — | | | | | — | | | — | | | 529 | | | 529 | | | — | | | 529 | | Actuarial gains(a) | — | | | | | — | | | — | | | (1,543) | | | (1,543) | | | — | | | (1,543) | | | Reclassifications before tax | — | | | | | (122,059) | | | — | | | (1,014) | | | (123,073) | | | — | | | (123,073) | | Income tax benefit | — | | | | | 29,084 | | | — | | | 238 | | | 29,322 | | | — | | | 29,322 | | | — | | | | | (92,975) | | | — | | | (776) | | | (93,751) | | | — | | | (93,751) | | Other comprehensive income (loss) | 46,296 | | | | | (5,759) | | | — | | | (776) | | | 39,761 | | | — | | | 39,761 | | | Balance, end of period | $ | (37,441) | | | | | $ | (10,282) | | | $ | — | | | $ | (250,699) | | | $ | (298,422) | | | $ | — | | | $ | (298,422) | |
(a) Amounts reclassified are included in the computation of net periodic benefit (income) cost, discussed further in Note 13. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six months ended June 30, 2026 | | Accumulated Other Comprehensive Loss Attributable to Harley-Davidson, Inc. | | | | | | Foreign currency translation adjustments | | | | Derivative financial instruments | | Available for sale securities | | Pension and postretirement benefit plans | | Total | | Accumulated Other Comprehensive Loss Attributable to Noncontrolling Interests | | Total Accumulated Other Comprehensive Loss | | Balance, beginning of period | $ | (25,994) | | | | | $ | (15,417) | | | $ | 176 | | | $ | (215,902) | | | $ | (257,137) | | | $ | 3,060 | | | $ | (254,077) | | Other comprehensive income, before reclassifications | (38,990) | | | | | 4,516 | | | (698) | | | — | | | (35,172) | | | (414) | | | (35,586) | | | Income tax (expense) benefit | — | | | | | (1,431) | | | 170 | | | — | | | (1,261) | | | — | | | (1,261) | | | (38,990) | | | | | 3,085 | | | (528) | | | — | | | (36,433) | | | (414) | | | (36,847) | | | Reclassifications: | | | | | | | | | | | | | | | | | Net losses on derivative financial instruments | — | | | | | 25,423 | | | — | | | — | | | 25,423 | | | — | | | 25,423 | | | Net gains on available for sale securities | — | | | | | — | | | (33) | | | — | | | (33) | | | — | | | (33) | | Prior service credits(a) | — | | | | | — | | | — | | | 802 | | | 802 | | | — | | | 802 | | Actuarial gains(a) | — | | | | | — | | | — | | | (1,016) | | | (1,016) | | | — | | | (1,016) | | | Reclassifications before tax | — | | | | | 25,423 | | | (33) | | | (214) | | | 25,176 | | | — | | | 25,176 | | | Income tax (expense) benefit | — | | | | | (5,851) | | | 8 | | | 49 | | | (5,794) | | | — | | | (5,794) | | | — | | | | | 19,572 | | | (25) | | | (165) | | | 19,382 | | | — | | | 19,382 | | Other comprehensive income (loss) | (38,990) | | | | | 22,657 | | | (553) | | | (165) | | | (17,051) | | | (414) | | | (17,465) | | | Balance, end of period | $ | (64,984) | | | | | $ | 7,240 | | | $ | (377) | | | $ | (216,067) | | | $ | (274,188) | | | $ | 2,646 | | | $ | (271,542) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six months ended June 30, 2025 | | Accumulated Other Comprehensive Loss Attributable to Harley-Davidson, Inc. | | | | | | Foreign currency translation adjustments | | | | Derivative financial instruments | | Available for sale securities | | Pension and postretirement benefit plans | | Total | | Accumulated Other Comprehensive Loss Attributable to Noncontrolling Interests | | Total Accumulated Other Comprehensive Loss | | Balance, beginning of period | $ | (91,102) | | | | | $ | 7,542 | | | $ | — | | | $ | (249,146) | | | $ | (332,706) | | | $ | — | | | $ | (332,706) | | | Other comprehensive income, before reclassifications | 55,668 | | | | | 136,263 | | | — | | | — | | | 191,931 | | | — | | | 191,931 | | | Income tax expense | (2,007) | | | | | (32,602) | | | — | | | — | | | (34,609) | | | — | | | (34,609) | | | 53,661 | | | | | 103,661 | | | — | | | — | | | 157,322 | | | — | | | 157,322 | | | Reclassifications: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net gain on derivative financial instruments | — | | | | | (159,479) | | | — | | | — | | | (159,479) | | | — | | | (159,479) | | Prior service credits(a) | — | | | | | — | | | — | | | 1,058 | | | 1,058 | | | — | | | 1,058 | | Actuarial gains(a) | — | | | | | — | | | — | | | (3,086) | | | (3,086) | | | — | | | (3,086) | | | Reclassifications before tax | — | | | | | (159,479) | | | — | | | (2,028) | | | (161,507) | | | — | | | (161,507) | | | Income tax benefit | — | | | | | 37,994 | | | — | | | 475 | | | 38,469 | | | — | | | 38,469 | | | — | | | | | (121,485) | | | — | | | (1,553) | | | (123,038) | | | — | | | (123,038) | | | Other comprehensive income (loss) | 53,661 | | | | | (17,824) | | | — | | | (1,553) | | | 34,284 | | | — | | | 34,284 | | | Balance, end of period | $ | (37,441) | | | | | $ | (10,282) | | | $ | — | | | $ | (250,699) | | | $ | (298,422) | | | $ | — | | | $ | (298,422) | |
(a)Amounts reclassified are included in the computation of net periodic benefit (income) cost, discussed further in Note 13.
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