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Supplemental Consolidating Data
 6 Months Ended
Jun. 26, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Supplemental Consolidating Data Supplemental Consolidating DataThe supplemental consolidating legal entity data for Harley-Davidson Motor Company, Harley-Davidson Financial Services and related consolidating adjustments are presented for informational purposes. The legal entity income statement information presented below differs from reportable segment income statement information due to the allocation of legal entity consolidating adjustments to income for reportable segments. Supplemental consolidating data is as follows (in thousands):
 Three months ended June 26, 2022
Harley-Davidson Motor CompanyHarley-Davidson Financial ServicesConsolidating AdjustmentsConsolidated
Revenue:
Motorcycles and Related Products$1,269,592 $— $(3,121)$1,266,471 
Financial Services— 203,386 (770)202,616 
1,269,592 203,386 (3,891)1,469,087 
Costs and expenses:
Motorcycles and Related Products cost of goods sold879,721 — — 879,721 
Financial Services interest expense— 47,649 — 47,649 
Financial Services provision for credit losses— 29,133 — 29,133 
Selling, administrative and engineering expense195,939 43,028 (3,734)235,233 
Restructuring benefit(264)— — (264)
1,075,396 119,810 (3,734)1,191,472 
Operating income194,196 83,576 (157)277,615 
Other income, net 10,055 — — 10,055 
Investment loss(3,530)— — (3,530)
Interest expense7,720 — — 7,720 
Income before income taxes193,001 83,576 (157)276,420 
Provision for income taxes40,994 19,577 — 60,571 
Net income$152,007 $63,999 $(157)$215,849 
 Six months ended June 26, 2022
Harley-Davidson Motor CompanyHarley-Davidson Financial ServicesConsolidating AdjustmentsConsolidated
Revenue:
Motorcycles and Related Products$2,575,885 $— $(6,243)$2,569,642 
Financial Services— 395,776 (1,145)394,631 
2,575,885 395,776 (7,388)2,964,273 
Costs and expenses:
Motorcycles and Related Products cost of goods sold1,775,257 — — 1,775,257 
Financial Services interest expense— 89,748 — 89,748 
Financial Services provision for credit losses— 57,955 — 57,955 
Selling, administrative and engineering expense401,356 80,886 (7,384)474,858 
Restructuring benefit(392)— — (392)
2,176,221 228,589 (7,384)2,397,426 
Operating income399,664 167,187 (4)566,847 
Other income, net 21,085 — — 21,085 
Investment loss(5,509)— — (5,509)
Interest expense15,431 — 15,431 
Income before income taxes399,809 167,187 (4)566,992 
Provision for income taxes88,841 39,800 — 128,641 
Net income$310,968 $127,387 $(4)$438,351 
Three months ended June 27, 2021
Harley-Davidson Motor CompanyHarley-Davidson Financial ServicesConsolidating AdjustmentsConsolidated
Revenue:
Motorcycles and Related Products$1,336,970 $— $(5,470)$1,331,500 
Financial Services— 199,637 921 200,558 
1,336,970 199,637 (4,549)1,532,058 
Costs and expenses:
Motorcycles and Related Products cost of goods sold924,449 — — 924,449 
Financial Services interest expense— 48,621 — 48,621 
Financial Services provision for credit losses— 16,201 — 16,201 
Selling, administrative and engineering expense223,512 42,091 (4,094)261,509 
Restructuring expense807 111 — 918 
1,148,768 107,024 (4,094)1,251,698 
Operating income188,202 92,613 (455)280,360 
Other income, net690 — — 690 
Investment income122,731 — (120,000)2,731 
Interest expense7,722 — — 7,722 
Income before income taxes303,901 92,613 (120,455)276,059 
Provision for income taxes49,570 20,149 — 69,719 
Net income$254,331 $72,464 $(120,455)$206,340 
Six months ended June 27, 2021
Harley-Davidson Motor CompanyHarley-Davidson Financial ServicesConsolidating AdjustmentsConsolidated
Revenue:
Motorcycles and Related Products$2,575,437 $— $(11,830)$2,563,607 
Financial Services— 388,387 2,571 390,958 
2,575,437 388,387 (9,259)2,954,565 
Costs and expenses:
Motorcycles and Related Products cost of goods sold1,736,071 — — 1,736,071 
Financial Services interest expense— 104,328 — 104,328 
Financial Services provision for credit losses— (6,273)— (6,273)
Selling, administrative and engineering expense419,872 82,366 (8,885)493,353 
Restructuring expense214 338 — 552 
2,156,157 180,759 (8,885)2,328,031 
Operating income419,280 207,628 (374)626,534 
Other income, net967 — — 967 
Investment income124,133 — (120,000)4,133 
Interest expense15,430 — — 15,430 
Income before income taxes528,950 207,628 (120,374)616,204 
Provision for income taxes105,566 45,154 — 150,720 
Net income$423,384 $162,474 $(120,374)$465,484 
 June 26, 2022
 Harley-Davidson Motor CompanyHarley-Davidson Financial ServicesConsolidating AdjustmentsConsolidated
ASSETS
Current assets:
Cash and cash equivalents$600,091 $1,594,168 $— $2,194,259 
Accounts receivable, net617,220 — (315,171)302,049 
Finance receivables, net— 1,674,970 — 1,674,970 
Inventories, net726,586 — — 726,586 
Restricted cash— 226,488 — 226,488 
Other current assets148,632 48,079 (12,895)183,816 
2,092,529 3,543,705 (328,066)5,308,168 
Finance receivables, net— 5,428,714 — 5,428,714 
Property, plant and equipment, net626,230 25,923 — 652,153 
Pension and postretirement assets411,906 — — 411,906 
Goodwill61,890 — — 61,890 
Deferred income taxes16,640 75,754 (23,000)69,394 
Lease assets37,616 6,631 — 44,247 
Other long-term assets209,006 41,616 (105,476)145,146 
$3,455,817 $9,122,343 $(456,542)$12,121,618 
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable$383,994 $347,880 $(315,171)$416,703 
Accrued liabilities447,055 156,995 (11,791)592,259 
Short-term deposits, net— 78,005 — 78,005 
Short-term debt— 701,384 — 701,384 
Current portion of long-term debt, net— 1,887,552 — 1,887,552 
831,049 3,171,816 (326,962)3,675,903 
Long-term deposits, net— 267,785 — 267,785 
Long-term debt, net745,016 4,459,301 — 5,204,317 
Lease liabilities19,995 6,702 — 26,697 
Pension and postretirement liabilities91,362 — — 91,362 
Deferred income taxes30,092 1,458 (22,361)9,189 
Other long-term liabilities153,846 55,164 2,203 211,213 
Commitments and contingencies (Note 16)
Shareholders’ equity1,584,457 1,160,117 (109,422)2,635,152 
$3,455,817 $9,122,343 $(456,542)$12,121,618 
 June 27, 2021
 Harley-Davidson Motor CompanyHarley-Davidson Financial ServicesConsolidating AdjustmentsConsolidated
ASSETS
Current assets:
Cash and cash equivalents$923,505 $818,463 $— $1,741,968 
Accounts receivable, net643,505 — (380,052)263,453 
Finance receivables, net— 1,629,636 — 1,629,636 
Inventories, net457,648 — — 457,648 
Restricted cash— 152,411 — 152,411 
Other current assets91,735 132,753 — 224,488 
2,116,393 2,733,263 (380,052)4,469,604 
Finance receivables, net— 5,259,318 — 5,259,318 
Property, plant and equipment, net663,549 30,829 — 694,378 
Pension and postretirement assets120,542 — — 120,542 
Goodwill65,395 — — 65,395 
Deferred income taxes48,710 83,615 (791)131,534 
Lease assets33,433 7,777 — 41,210 
Other long-term assets188,535 35,427 (96,717)127,245 
$3,236,557 $8,150,229 $(477,560)$10,909,226 
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable$394,792 $416,136 $(380,052)$430,876 
Accrued liabilities483,470 103,131 1,139 587,740 
Short-term deposits, net— 101,672 — 101,672 
Short-term debt— 749,037 — 749,037 
Current portion of long-term debt, net— 1,581,826 — 1,581,826 
878,262 2,951,802 (378,913)3,451,151 
Long-term deposits, net— 157,701 — 157,701 
Long-term debt, net744,321 4,000,703 — 4,745,024 
Lease liabilities14,626 7,082 — 21,708 
Pension and postretirement liabilities105,833 — — 105,833 
Deferred income taxes7,166 1,747 — 8,913 
Other long-term liabilities183,600 48,521 2,503 234,624 
Commitments and contingencies (Note 16)
Shareholders’ equity1,302,749 982,673 (101,150)2,184,272 
$3,236,557 $8,150,229 $(477,560)$10,909,226 
 Six months ended June 26, 2022
Harley-Davidson Motor CompanyHarley-Davidson Financial ServicesConsolidating AdjustmentsConsolidated
Cash flows from operating activities:
Net income$310,968 $127,387 $(4)$438,351 
Adjustments to reconcile Net income to Net cash (used) provided by operating activities:
Depreciation and amortization73,098 4,291 — 77,389 
Amortization of deferred loan origination costs— 47,101 — 47,101 
Amortization of financing origination fees348 7,289 — 7,637 
Provision for long-term employee benefits(9,844)— — (9,844)
Employee benefit plan contributions and payments(5,466)— — (5,466)
Stock compensation expense18,341 1,424 — 19,765 
Net change in wholesale finance receivables related to sales— — (201,326)(201,326)
Provision for credit losses— 57,955 — 57,955 
Deferred income taxes4,312 (1,431)(406)2,475 
Other, net5,678 5,420 4 11,102 
Changes in current assets and liabilities:
Accounts receivable, net(347,250)— 212,645 (134,605)
Finance receivables – accrued interest and other
— 4,255 — 4,255 
Inventories, net(33,986)— — (33,986)
Accounts payable and accrued liabilities(5,423)223,086 (221,902)(4,239)
Other current assets(48,633)6,592 9,663 (32,378)
(348,825)355,982 (201,322)(194,165)
Net cash (used) provided by operating activities (37,857)483,369 (201,326)244,186 
Cash flows from investing activities:
Capital expenditures(53,694)(1,321)— (55,015)
Origination of finance receivables— (4,379,674)1,868,481 (2,511,193)
Collections on finance receivables— 3,739,107 (1,667,155)2,071,952 
Other investing activities797 — $— 797 
Net cash used by investing activities(52,897)(641,888)201,326 (493,459)
 Six months ended June 26, 2022
Harley-Davidson Motor CompanyHarley-Davidson Financial ServicesConsolidating AdjustmentsConsolidated
Cash flows from financing activities:
Proceeds from issuance of medium-term notes— 495,785 — 495,785 
Repayments of medium-term notes— (950,000)— (950,000)
Proceeds from securitization debt— 1,826,891 — 1,826,891 
Repayments of securitization debt— (610,205)— (610,205)
Borrowings of asset-backed commercial paper— 425,253 — 425,253 
Repayments of asset-backed commercial paper— (133,159)— (133,159)
Net increase in unsecured commercial paper— (50,672)— (50,672)
Net increase in deposits— 55,255 — 55,255 
Dividends paid(47,146)— — (47,146)
Repurchase of common stock(325,828)— — (325,828)
Other financing activities(1,237)— — (1,237)
Net cash (used) provided by financing activities(374,211)1,059,148 — 684,937 
Effect of exchange rate changes on cash, cash equivalents and restricted cash(13,149)(1,264)— (14,413)
Net (decrease) increase in cash, cash equivalents and restricted cash$(478,114)$899,365 $— $421,251 
Cash, cash equivalents and restricted cash:
Cash, cash equivalents and restricted cash, beginning of period$1,078,205 $947,014 $— $2,025,219 
Net (decrease) increase in cash, cash equivalents and restricted cash(478,114)899,365 — 421,251 
Cash, cash equivalents and restricted cash, end of period$600,091 $1,846,379 $— $2,446,470 
 Six months ended June 27, 2021
Harley-Davidson Motor CompanyHarley-Davidson Financial ServicesConsolidating AdjustmentsConsolidated
Cash flows from operating activities:
Net income$423,384 $162,474 $(120,374)$465,484 
Adjustments to reconcile Net income to Net cash provided by operating activities:
Depreciation and amortization76,749 4,574 — 81,323 
Amortization of deferred loan origination costs— 40,089 — 40,089 
Amortization of financing origination fees344 6,880 — 7,224 
Provision for long-term employee benefits13,366 — — 13,366 
Employee benefit plan contributions and payments(11,055)— — (11,055)
Stock compensation expense21,550 1,790 — 23,340 
Net change in wholesale finance receivables related to sales— — (129,819)(129,819)
Provision for credit losses— (6,273)— (6,273)
Deferred income taxes6,505 6,597 (370)12,732 
Other, net(2,092)(347)374 (2,065)
Changes in current assets and liabilities:
Accounts receivable, net(427,762)— 303,024 (124,738)
Finance receivables – accrued interest and other
— 9,691 — 9,691 
Inventories, net58,366 — — 58,366 
Accounts payable and accrued liabilities182,066 313,178 (298,638)196,606 
Other current assets8,615 5,145 (3,731)10,029 
(73,348)381,324 (129,160)178,816 
Net cash provided by operating activities 350,036 543,798 (249,534)644,300 
Cash flows from investing activities:
Capital expenditures(36,104)(1,464)— (37,568)
Origination of finance receivables— (4,254,353)1,959,853 (2,294,500)
Collections on finance receivables— 3,774,683 (1,830,319)1,944,364 
Other investing activities2,425 — — 2,425 
Net cash used by investing activities(33,679)(481,134)129,534 (385,279)
 Six months ended June 27, 2021
Harley-Davidson Motor CompanyHarley-Davidson Financial ServicesConsolidating AdjustmentsConsolidated
Cash flows from financing activities:
Repayments of medium-term notes— (1,400,000)— (1,400,000)
Proceeds from securitization debt— 597,411 — 597,411 
Repayments of securitization debt— (664,685)— (664,685)
Repayments of asset-backed commercial paper— (143,256)— (143,256)
Net decrease in unsecured commercial paper— (262,452)— (262,452)
Net increase in credit facilities— 84 — 84 
Net increase in deposits— 179,329 — 179,329 
Dividends paid(46,209)(120,000)120,000 (46,209)
Repurchase of common stock(10,911)— — (10,911)
Other financing activities4,324 — — 4,324 
Net cash used by financing activities(52,796)(1,813,569)120,000 (1,746,365)
Effect of exchange rate changes on cash, cash equivalents and restricted cash(6,217)(661)— (6,878)
Net increase (decrease) in cash, cash equivalents and restricted cash$257,344 $(1,751,566)$— $(1,494,222)
Cash, cash equivalents and restricted cash:
Cash, cash equivalents and restricted cash, beginning of period$666,161 $2,743,007 $— $3,409,168 
Net increase (decrease) in cash, cash equivalents and restricted cash257,344 (1,751,566)— (1,494,222)
Cash, cash equivalents and restricted cash, end of period$923,505 $991,441 $— $1,914,946