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Subsequent Event
6 Months Ended
Jun. 27, 2021
Subsequent Events [Abstract]  
Subsequent Event Subsequent EventIn April 2021, the Company received notification from the Economic Ministry of Belgium that, following a request from the European Union (EU), the Company would be subject to the revocation of Binding Origin Information (BOI) rulings, effective April 19, 2021. Beginning in 2019, the Company has operated under BOIs which allowed it to supply its EU markets with certain motorcycles produced at its Thailand manufacturing facility at tariff rates of 6%. Following the revocation, all non-electric motorcycles that Harley-Davidson imports into the EU, regardless of origin, became subject to a total tariff rate of 31% on April 19, 2021. At that time it was expected to increase to 56% effective June 1, 2021. However, in May 2021, the EU made a decision to suspend the previously scheduled increase in the tariff rate to 56% while negotiations take place between the U.S. and the EU. If the U.S. and the EU do not reach a resolution, as it stands, the tariffs would increase again to 56% in December 2021. The additional EU tariff, whether at a rate of 31% or a rate of 56%, will significantly disadvantage the Company from competing effectively in the EU. Based on the EU's decision to suspend the previously scheduled increase from June 2021 to December 2021, the Company now estimates the impact of the additional EU tariffs in 2021, if unmitigated, to be approximately $80 million, including approximately $19 million recognized in the first six months of 2021.In May 2021, the Company applied for temporary extended reliance on the 6% tariff rate for motorcycles produced in Thailand and ordered prior to April 19, 2021; however, that application was rejected on July 30, 2021. The Company estimates it could have avoided approximately $50 million of additional EU tariffs in 2021 if the application for extended reliance had been granted. The Company continues its appeals of the revocation of the BOIs and plans to appeal the denial of temporary extended reliance although there is no assurance that these appeals will be successful.