v3.26.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Sep. 30, 2025
ASSETS      
Cash and cash equivalents $ 2,076,378 $ 3,091,744 $ 1,775,038
Accounts receivable, net 276,390 225,760 305,010
Finance receivables held for sale, net 417,696 264,238 4,080,885
Finance receivables held for investment, net of allowance (recovery) of $6,011, $5,591, and $(15,952) 1,057,228 981,926 1,221,348
Inventories, net 458,745 730,898 512,186
Restricted cash 14,610 0 51,530
Other current assets 232,202 292,383 297,444
Current assets 4,533,249 5,586,949 8,243,441
Finance receivables held for investment, net of allowance (recovery) of $47,877, $(7,826), and $3,051 1,142,858 719,060 662,201
Property, plant and equipment, net 663,252 750,224 719,103
Pension and postretirement assets 580,061 546,303 481,427
Goodwill 64,377 63,913 63,850
Deferred income taxes 73,362 73,792 90,837
Lease assets 78,026 82,542 67,290
Other long-term assets 161,723 222,032 238,235
Assets 7,296,908 8,044,815 10,566,384
LIABILITIES AND SHAREHOLDERS’ EQUITY      
Accounts payable 411,070 389,237 342,787
Accrued liabilities 620,400 671,957 628,624
Short-term deposits, net 255,439 280,095 292,667
Short-term debt 470,420 497,776 684,741
Current portion of long-term debt, net 543,740 819,629 1,329,244
Current liabilities 2,301,069 2,658,694 3,278,063
Long-term deposits, net 281,974 256,549 261,801
Long-term debt, net 1,325,275 1,649,612 3,147,836
Lease liabilities 63,570 69,425 52,487
Pension and postretirement liabilities 50,064 53,135 51,141
Deferred income taxes 6,606 5,506 17,655
Other long-term liabilities 219,588 195,044 196,022
Commitments and contingencies (Note 14)
Shareholders’ equity:      
Common stock 1,736 1,726 1,726
Additional paid-in-capital 1,871,402 1,790,175 1,814,691
Retained earnings 3,804,365 3,717,408 4,016,811
Accumulated other comprehensive loss (278,542) (257,137) (306,285)
Treasury stock, at cost (2,366,374) (2,111,504) (1,954,543)
Total Harley-Davidson, Inc. shareholders' equity 3,032,587 3,140,668 3,572,400
Noncontrolling interest 16,175 16,182 (11,021)
Total equity 3,048,762 3,156,850 3,561,379
Total liabilities and shareholders' equity $ 7,296,908 $ 8,044,815 $ 10,566,384