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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 288.8 $ 634.7
Trade receivables, net 220.3 257.2
Inventories, net 1,514.9 1,177.6
Prepaid expenses and other 109.1 134.1
Income taxes receivable 0.3 3.9
Total current assets 2,133.4 2,207.5
Property and equipment, net 900.4 888.8
Investment in finance affiliate 29.3 59.4
Deferred tax assets 159.2 177.7
Goodwill and other intangible assets, net 1,063.9 1,083.7
Operating lease assets 123.9 125.4
Other long-term assets 115.1 90.2
Total assets 4,525.2 4,632.7
Current liabilities:    
Current portion of debt, finance lease obligations and notes payable 53.1 142.1
Accounts payable 899.3 782.2
Accrued expenses:    
Compensation 211.4 215.4
Warranties 142.2 140.8
Sales promotions and incentives 59.7 138.1
Dealer holdback 97.4 121.7
Other 288.4 292.4
Current operating lease liabilities 35.4 34.7
Income taxes payable 35.2 22.0
Total current liabilities 1,822.1 1,889.4
Long-term income taxes payable 16.1 14.4
Finance lease obligations 13.4 14.7
Long-term debt 1,264.8 1,293.9
Deferred tax liabilities 4.3 4.4
Long-term operating lease liabilities 90.9 92.3
Other long-term liabilities 179.4 166.5
Total liabilities 3,391.0 3,475.6
Deferred compensation 11.9 12.3
Shareholders’ equity:    
Preferred stock $0.01 par value per share, 20.0 shares authorized, no shares issued and outstanding 0.0 0.0
Common stock $0.01 par value per share, 160.0 shares authorized, 60.6 and 61.9 shares issued and outstanding, respectively 0.6 0.6
Additional paid-in capital 1,110.0 983.9
Retained earnings 73.5 218.4
Accumulated other comprehensive loss, net (63.5) (58.4)
Total shareholders’ equity 1,120.6 1,144.5
Noncontrolling interest 1.7 0.3
Total equity 1,122.3 1,144.8
Total liabilities and equity $ 4,525.2 $ 4,632.7