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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 316.5 $ 634.7
Trade receivables, net 242.7 257.2
Inventories, net 1,773.6 1,177.6
Prepaid expenses and other 114.3 134.1
Income taxes receivable 0.6 3.9
Total current assets 2,447.7 2,207.5
Property and equipment, net 931.4 888.8
Investment in finance affiliate 31.4 59.4
Deferred tax assets 160.3 177.7
Goodwill and other intangible assets, net 1,053.2 1,083.7
Operating lease assets 165.1 125.4
Other long-term assets 81.2 90.2
Total assets 4,870.3 4,632.7
Current liabilities:    
Current portion of debt, finance lease obligations and notes payable 53.3 142.1
Accounts payable 928.2 782.2
Accrued expenses:    
Compensation 241.3 215.4
Warranties 137.1 140.8
Sales promotions and incentives 76.9 138.1
Dealer holdback 79.7 121.7
Other 255.3 292.4
Current operating lease liabilities 39.4 34.7
Income taxes payable 33.6 22.0
Total current liabilities 1,844.8 1,889.4
Long-term income taxes payable 16.3 14.4
Finance lease obligations 12.7 14.7
Long-term debt 1,457.3 1,293.9
Deferred tax liabilities 4.2 4.4
Long-term operating lease liabilities 128.1 92.3
Other long-term liabilities 181.7 166.5
Total liabilities 3,645.1 3,475.6
Deferred compensation 11.5 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, 60.7 and 61.9 shares issued and outstanding, respectively 0.6 0.6
Additional paid-in capital 1,134.6 983.9
Retained earnings 150.5 218.4
Accumulated other comprehensive loss, net (73.9) (58.4)
Total shareholders’ equity 1,211.8 1,144.5
Noncontrolling interest 1.9 0.3
Total equity 1,213.7 1,144.8
Total liabilities and equity $ 4,870.3 $ 4,632.7