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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 3,257,203 $ 833,868
Accounts receivable, net 143,082 259,334
Finance receivables, net of allowance of $72,632 and $43,006 1,509,539 2,272,522
Inventories, net 523,497 603,571
Restricted cash 131,642 64,554
Other current assets 280,470 168,974
Total current assets 5,845,433 4,202,823
Finance receivables, net of allowance of $318,304 and $155,575 4,933,469 5,101,844
Property, plant and equipment, net 743,784 847,382
Pension and postretirement assets 95,711 56,014
Goodwill 65,976 64,160
Deferred income taxes 158,538 101,204
Lease assets 45,203 61,618
Other long-term assets 122,487 93,114
Total assets 12,010,601 10,528,159
Current liabilities:    
Accounts payable 290,904 294,380
Accrued liabilities 557,214 582,288
Deposits 79,965 0
Short-term debt 1,014,274 571,995
Current portion of long-term debt, net 2,039,597 1,748,109
Total current liabilities 3,981,954 3,196,772
Long-term debt, net 5,932,933 5,124,826
Lease liabilities 30,115 44,447
Pension and postretirement liabilities 114,206 128,651
Deferred income taxes 8,607 8,135
Other long-term liabilities 220,001 221,329
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, none issued 0 0
Common stock 1,685 1,828
Additional paid-in-capital 1,507,706 1,491,004
Retained earnings 1,284,823 2,193,997
Accumulated other comprehensive loss (483,417) (536,949)
Treasury stock, at cost (588,012) (1,345,881)
Total equity 1,722,785 1,803,999
Total liabilities and shareholders' equity 12,010,601 10,528,159
Variable Interest Entity, Primary Beneficiary    
Current assets:    
Finance receivables, net of allowance of $72,632 and $43,006 530,882 291,444
Other current assets 3,753 2,420
Finance receivables, net of allowance of $318,304 and $155,575 1,889,472 1,027,179
Current liabilities:    
Current portion of long-term debt, net 608,987 317,607
Long-term debt, net $ 1,585,174 $ 937,212