Organization, Consolidation and Presentation of Financial Statements

12 Months Ended

Dec. 31, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

In millions	December 31, 2022		December 31, 2021
Inventories
Raw materials and purchased components	$	843.5	$	720.2
Service parts, garments and accessories	371.1		276.4
Finished goods	768.2		588.2
Less: reserves	(86.7)		(74.1)
Inventories, net	$	1,896.1	$	1,510.7
Property and equipment
Land, buildings and improvements	$	539.1	$	501.1
Equipment and tooling	1,645.0		1,598.3
	2,184.1		2,099.4
Less: accumulated depreciation	(1,165.7)		(1,171.7)
Property and equipment, net	$	1,018.4	$	927.7
Accrued expenses
Compensation	$	212.3	$	205.9
Warranties	172.9		132.9
Sales promotions and incentives	127.0		96.9
Dealer holdback	129.7		98.9
Other accrued expenses	254.9		221.9
Accrued expenses	$	896.8	$	756.5