Additional Balance Sheet and Cash Flow Information (Tables)

6 Months Ended

Jun. 30, 2013

Supplemental Cash Flow Information [Abstract]

Marketable Securities

The Company’s marketable securities consisted of the following (in thousands):

	June 30, 2013		December 31, 2012		July 1, 2012
Available-for-sale:
Corporate bonds	$	133,631	$	135,634	$	135,848
	$	133,631	$	135,634	$	135,848

Inventories Net

Inventories consist of the following (in thousands):

	June 30, 2013			December 31, 2012			July 1, 2012
Components at the lower of FIFO cost or market
Raw materials and work in process	$	116,334		$	111,335		$	116,166
Motorcycle finished goods	111,188			205,660			120,199
Parts and accessories and general merchandise	126,084			122,418			131,040
Inventory at lower of FIFO cost or market	353,606			439,413			367,405
Excess of FIFO over LIFO cost	(45,889		)	(45,889		)	(44,359		)
	$	307,717		$	393,524		$	323,046

Reconciliation Of Net Income To Net Cash Used By Operating Activities

The reconciliation of net income to net cash provided by operating activities is as follows (in thousands):

	Six months ended
	June 30, 2013			July 1, 2012
Cash flows from operating activities:
Net income	$	495,868		$	419,285
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	83,406			85,997
Amortization of deferred loan origination costs	40,947			38,075
Amortization of financing origination fees	4,635			5,021
Provision for employee long-term benefits	33,382			34,263
Contributions to pension and postretirement plans	(189,116		)	(213,648		)
Stock compensation expense	21,061			22,119
Net change in wholesale finance receivables related to sales	(293,293		)	(124,919		)
Provision for credit losses	24,407			3,754
Loss on debt extinguishment	4,947			—
Foreign currency adjustments	18,529			8,143
Other, net	(442		)	5,567
Changes in current assets and liabilities:
Accounts receivable, net	(34,787		)	(34,977		)
Finance receivables—accrued interest and other	699			2,912
Inventories	69,475			89,162
Accounts payable and accrued liabilities	70,721			(12,286		)
Restructuring reserves	(22,790		)	(9,915		)
Derivative instruments	(1,557		)	(1,420		)
Other	63,585			(28,891		)
Total adjustments	(106,191		)	(131,043		)
Net cash provided by operating activities	$	389,677		$	288,242