Supplemental Balance Sheet Information

9 Months Ended

Sep. 30, 2023

Inventory Disclosure [Abstract]

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

In millions	September 30, 2023		December 31, 2022
Inventories
Raw materials and purchased components	$	926.7	$	843.5
Service parts, garments and accessories	365.5		371.1
Finished goods	853.3		768.2
Less: reserves	(93.8)		(86.7)
Inventories, net	$	2,051.7	$	1,896.1
Property and equipment
Land, buildings and improvements	$	622.7	$	539.1
Equipment and tooling	1,857.5		1,645.0
	2,480.2		2,184.1
Less: accumulated depreciation	(1,318.7)		(1,165.7)
Property and equipment, net	$	1,161.5	$	1,018.4
Accrued expenses
Compensation	$	208.5	$	212.3
Warranties	163.0		172.9
Sales promotions and incentives	192.7		127.0
Dealer holdback	166.4		129.7
Other accrued expenses	237.0		254.9
Total accrued expenses	$	967.6	$	896.8
Other current liabilities
Current operating lease liabilities	27.9		24.1
Income taxes payable	6.5		6.5
Total other current liabilities	$	34.4	$	30.6
Other long-term liabilities
Long-term operating lease liabilities	$	104.3	$	87.0
Long-term income taxes payable	13.5		11.7
Deferred tax liabilities	4.5		4.6
Other long-term liabilities	170.4		167.7
Total other long-term liabilities	$	292.7	$	271.0