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Supplemental Consolidating Data - Cash Flows (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income $ 232,233 $ 301,829
Adjustments to reconcile Net income to Net cash provided by operating activities:    
Depreciation and amortization 41,504 34,352
Amortization of deferred loan origination costs 18,282 21,858
Amortization of financing origination fees 3,358 3,011
Provision for long-term employee benefits (13,933) (16,939)
Employee benefit plan contributions and payments (1,399) (1,739)
Stock compensation expense 16,212 23,628
Net change in wholesale finance receivables related to sales (435,047) (487,314)
Provision for credit losses 61,010 52,364
Deferred income taxes 5,399 5,648
Other, net 1,769 (21,671)
Changes in current assets and liabilities:    
Accounts receivable, net (47,119) (77,993)
Finance receivables – accrued interest and other 1,213 2,252
Inventories, net 131,529 123,047
Accounts payable and accrued liabilities 53,233 43,787
Other current assets 35,753 40,557
Total adjustments (128,236) (255,152)
Net cash provided by operating activities 103,997 46,677
Cash flows from investing activities:    
Capital expenditures (46,356) (45,114)
Origination of finance receivables (907,769) (917,145)
Collections on finance receivables 841,914 890,852
Other investing activities (289) 821
Net cash used by investing activities (112,500) (70,586)
Cash flows from financing activities:    
Proceeds from issuance of medium-term notes 0 693,276
Repayments of medium-term notes 0 (350,000)
Proceeds from securitization debt 0 547,706
Repayments of securitization debt (234,178) (310,640)
Borrowings of asset-backed commercial paper 334,561 0
Repayments of asset-backed commercial paper (46,154) (62,634)
Net increase (decrease) in unsecured commercial paper 58,794 (270,119)
Net (decrease) increase in deposits (6,758) 51,822
Dividends paid (24,385) (24,123)
Repurchase of common stock (107,812) (96,767)
Other financing activities 7 69
Net cash (used) provided by financing activities (25,925) 178,590
Effect of exchange rate changes on cash, cash equivalents and restricted cash (7,020) 3,820
Cash, cash equivalents and restricted cash:    
Cash, cash equivalents and restricted cash, beginning of period 1,648,811 1,579,177
Net (decrease) increase in cash, cash equivalents and restricted cash (41,448) 158,501
Cash, cash equivalents and restricted cash, end of period 1,607,363 1,737,678
Reportable Legal Entities | Non-Financial Services Entities    
Cash flows from operating activities:    
Net income 192,363 256,385
Adjustments to reconcile Net income to Net cash provided by operating activities:    
Depreciation and amortization 39,288 32,120
Amortization of deferred loan origination costs 0 0
Amortization of financing origination fees 180 177
Provision for long-term employee benefits (13,933) (16,939)
Employee benefit plan contributions and payments (1,399) (1,739)
Stock compensation expense 15,583 22,494
Net change in wholesale finance receivables related to sales 0 0
Provision for credit losses 0 0
Deferred income taxes 4,799 4,261
Other, net (1,946) (18,087)
Changes in current assets and liabilities:    
Accounts receivable, net (311,951) (426,221)
Finance receivables – accrued interest and other 0 0
Inventories, net 131,529 123,047
Accounts payable and accrued liabilities 42,313 14,610
Other current assets 14,248 25,342
Total adjustments (81,289) (240,935)
Net cash provided by operating activities 111,074 15,450
Cash flows from investing activities:    
Capital expenditures (45,922) (44,894)
Origination of finance receivables 0 0
Collections on finance receivables 0 0
Other investing activities (1,289) 821
Net cash used by investing activities (47,211) (44,073)
Cash flows from financing activities:    
Proceeds from issuance of medium-term notes   0
Repayments of medium-term notes   0
Proceeds from securitization debt   0
Repayments of securitization debt 0 0
Borrowings of asset-backed commercial paper 0  
Repayments of asset-backed commercial paper 0 0
Net increase (decrease) in unsecured commercial paper 0 0
Net (decrease) increase in deposits 0 0
Dividends paid (24,385) (24,123)
Repurchase of common stock (107,812) (96,767)
Other financing activities 7 69
Net cash (used) provided by financing activities (132,190) (120,821)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (6,836) 3,894
Cash, cash equivalents and restricted cash:    
Cash, cash equivalents and restricted cash, beginning of period 1,127,400 1,021,798
Net (decrease) increase in cash, cash equivalents and restricted cash (75,163) (145,550)
Cash, cash equivalents and restricted cash, end of period 1,052,237 876,248
Reportable Legal Entities | Financial Services Entities    
Cash flows from operating activities:    
Net income 39,763 45,278
Adjustments to reconcile Net income to Net cash provided by operating activities:    
Depreciation and amortization 2,216 2,232
Amortization of deferred loan origination costs 18,282 21,858
Amortization of financing origination fees 3,178 2,834
Provision for long-term employee benefits 0 0
Employee benefit plan contributions and payments 0 0
Stock compensation expense 629 1,134
Net change in wholesale finance receivables related to sales 0 0
Provision for credit losses 61,010 52,364
Deferred income taxes 1,201 1,717
Other, net 3,822 (3,418)
Changes in current assets and liabilities:    
Accounts receivable, net 0 0
Finance receivables – accrued interest and other 1,213 2,252
Inventories, net 0 0
Accounts payable and accrued liabilities 270,073 379,094
Other current assets 18,092 13,131
Total adjustments 379,716 473,198
Net cash provided by operating activities 419,479 518,476
Cash flows from investing activities:    
Capital expenditures (434) (220)
Origination of finance receivables (2,080,020) (2,100,019)
Collections on finance receivables 1,587,609 1,586,477
Other investing activities 0 0
Net cash used by investing activities (492,845) (513,762)
Cash flows from financing activities:    
Proceeds from issuance of medium-term notes   693,276
Repayments of medium-term notes   (350,000)
Proceeds from securitization debt   547,706
Repayments of securitization debt (234,178) (310,640)
Borrowings of asset-backed commercial paper 334,561  
Repayments of asset-backed commercial paper (46,154) (62,634)
Net increase (decrease) in unsecured commercial paper 58,794 (270,119)
Net (decrease) increase in deposits (6,758) 51,822
Dividends paid 0 0
Repurchase of common stock 0 0
Other financing activities 1,000 0
Net cash (used) provided by financing activities 107,265 299,411
Effect of exchange rate changes on cash, cash equivalents and restricted cash (184) (74)
Cash, cash equivalents and restricted cash:    
Cash, cash equivalents and restricted cash, beginning of period 521,411 557,379
Net (decrease) increase in cash, cash equivalents and restricted cash 33,715 304,051
Cash, cash equivalents and restricted cash, end of period 555,126 861,430
Consolidating Adjustments    
Cash flows from operating activities:    
Net income 107 166
Adjustments to reconcile Net income to Net cash provided by operating activities:    
Depreciation and amortization 0 0
Amortization of deferred loan origination costs 0 0
Amortization of financing origination fees 0 0
Provision for long-term employee benefits 0 0
Employee benefit plan contributions and payments 0 0
Stock compensation expense 0 0
Net change in wholesale finance receivables related to sales (435,047) (487,314)
Provision for credit losses 0 0
Deferred income taxes (601) (330)
Other, net (107) (166)
Changes in current assets and liabilities:    
Accounts receivable, net 264,832 348,228
Finance receivables – accrued interest and other 0 0
Inventories, net 0 0
Accounts payable and accrued liabilities (259,153) (349,917)
Other current assets 3,413 2,084
Total adjustments (426,663) (487,415)
Net cash provided by operating activities (426,556) (487,249)
Cash flows from investing activities:    
Capital expenditures 0 0
Origination of finance receivables 1,172,251 1,182,874
Collections on finance receivables (745,695) (695,625)
Other investing activities 1,000 0
Net cash used by investing activities 427,556 487,249
Cash flows from financing activities:    
Proceeds from issuance of medium-term notes   0
Repayments of medium-term notes   0
Proceeds from securitization debt   0
Repayments of securitization debt 0 0
Borrowings of asset-backed commercial paper 0  
Repayments of asset-backed commercial paper 0 0
Net increase (decrease) in unsecured commercial paper 0 0
Net (decrease) increase in deposits 0 0
Dividends paid 0 0
Repurchase of common stock 0 0
Other financing activities (1,000) 0
Net cash (used) provided by financing activities (1,000) 0
Effect of exchange rate changes on cash, cash equivalents and restricted cash 0 0
Cash, cash equivalents and restricted cash:    
Cash, cash equivalents and restricted cash, beginning of period 0 0
Net (decrease) increase in cash, cash equivalents and restricted cash 0 0
Cash, cash equivalents and restricted cash, end of period $ 0 $ 0