Harley Davidson 2014 Annual Report Download - page 53

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HARLEY-DAVIDSON, INC.
CONSOLIDATED BALANCE SHEETS
December€31, 2014 and 2013
(In thousands, except share amounts)
2014 2013
ASSETS
Current assets:
Cash and cash equivalents $906,680 $1,066,612
Marketable securities 57,325 99,009
Accounts receivable, net 247,621 261,065
Finance receivables, net 1,916,635 1,773,686
Inventories 448,871 424,507
Restricted cash 98,627 144,807
Deferred income taxes 89,916 103,625
Other current assets 182,420 115,492
Total current assets 3,948,095 3,988,803
Finance receivables, net 4,516,246 4,225,877
Property, plant and equipment, net 883,077 842,477
Prepaid pension costs — 244,871
Goodwill 27,752 30,452
Deferred income taxes 77,835 3,339
Other long-term assets 75,092 69,221
$9,528,097 $9,405,040
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable $196,868 $239,794
Accrued liabilities 449,317 427,335
Short-term debt 731,786 666,317
Current portion of long-term debt 1,011,315 1,176,140
Total current liabilities 2,389,286 2,509,586
Long-term debt 3,761,528 3,416,713
Pension liability 76,186 36,371
Postretirement healthcare liability 203,006 216,165
Deferred income taxes — 49,499
Other long-term liabilities 188,805 167,220
Commitments and contingencies (Note 15)
Shareholders’ equity:
Preferred stock, none issued — —
Common stock, 344,174,653 and 343,157,231 shares issued, respectively 3,442 3,432
Additional paid-in-capital 1,265,257 1,175,052
Retained earnings 8,459,040 7,852,729
Accumulated other comprehensive loss (514,943)(332,676)
Treasury stock (132,297,840 and 123,197,976 shares, respectively), at cost (6,303,510)(5,689,051)
Total shareholders’ equity 2,909,286 3,009,486
$9,528,097 $9,405,040
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