Supplemental Balance Sheet Information

3 Months Ended

Mar. 31, 2023

Inventory Disclosure [Abstract]

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

In millions	March 31, 2023		December 31, 2022
Inventories
Raw materials and purchased components	$	852.5	$	843.5
Service parts, garments and accessories	385.0		371.1
Finished goods	800.0		768.2
Less: reserves	(90.3)		(86.7)
Inventories, net	$	1,947.2	$	1,896.1
Property and equipment
Land, buildings and improvements	$	567.6	$	539.1
Equipment and tooling	1,712.2		1,645.0
	2,279.8		2,184.1
Less: accumulated depreciation	(1,221.4)		(1,165.7)
Property and equipment, net	$	1,058.4	$	1,018.4
Accrued expenses
Compensation	$	131.7	$	212.3
Warranties	154.0		172.9
Sales promotions and incentives	154.5		127.0
Dealer holdback	139.1		129.7
Other accrued expenses	252.7		254.9
Total accrued expenses	$	832.0	$	896.8
Other current liabilities
Current operating lease liabilities	25.2		24.1
Income taxes payable	17.5		6.5
Total other current liabilities	$	42.7	$	30.6
Other long-term liabilities
Long-term income taxes payable	$	12.2	$	11.7
Deferred tax liabilities	4.6		4.6
Long-term operating lease liabilities	87.1		87.0
Other long-term liabilities	169.7		167.7
Total other long-term liabilities	$	273.6	$	271.0