Supplemental Balance Sheet Information

6 Months Ended

Jun. 30, 2023

Inventory Disclosure [Abstract]

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

In millions	June 30, 2023		December 31, 2022
Inventories
Raw materials and purchased components	$	888.0	$	843.5
Service parts, garments and accessories	395.6		371.1
Finished goods	835.5		768.2
Less: reserves	(94.8)		(86.7)
Inventories, net	$	2,024.3	$	1,896.1
Property and equipment
Land, buildings and improvements	$	586.9	$	539.1
Equipment and tooling	1,794.3		1,645.0
	2,381.2		2,184.1
Less: accumulated depreciation	(1,262.3)		(1,165.7)
Property and equipment, net	$	1,118.9	$	1,018.4
Accrued expenses
Compensation	$	160.8	$	212.3
Warranties	154.6		172.9
Sales promotions and incentives	170.6		127.0
Dealer holdback	159.7		129.7
Other accrued expenses	286.6		254.9
Total accrued expenses	$	932.3	$	896.8
Other current liabilities
Current operating lease liabilities	25.7		24.1
Income taxes payable	6.2		6.5
Total other current liabilities	$	31.9	$	30.6
Other long-term liabilities
Long-term operating lease liabilities	$	95.3	$	87.0
Long-term income taxes payable	12.5		11.7
Deferred tax liabilities	4.6		4.6
Other long-term liabilities	169.9		167.7
Total other long-term liabilities	$	282.3	$	271.0