2021 Q4 Form 10-Q Financial Statement

#000079395221000058 Filed on November 04, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $1.016B $1.365B $1.166B
YoY Change 40.16% 17.13% -8.4%
Cost Of Revenue $700.9M $850.2M $676.8M
YoY Change 45.8% 25.62% -9.63%
Gross Profit $315.6M $515.1M $488.9M
YoY Change 29.07% 5.37% -6.64%
Gross Profit Margin 31.05% 37.73% 41.94%
Selling, General & Admin $300.5M $254.3M $231.7M
YoY Change -5.08% 9.75% -25.02%
% of Gross Profit 95.23% 49.37% 47.4%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $42.70M $41.16M $44.60M
YoY Change -6.36% -7.71% -9.35%
% of Gross Profit 13.53% 7.99% 9.12%
Operating Expenses $320.6M $254.3M $231.7M
YoY Change 0.19% 9.75% -25.02%
Operating Profit -$5.059M $204.2M $137.9M
YoY Change -93.3% 48.1% 15.05%
Interest Expense -$5.400M $7.779M $7.783M
YoY Change 63.64% -0.05% -0.08%
% of Operating Profit 3.81% 5.64%
Other Income/Expense, Net $18.25M $858.0K $155.0K
YoY Change -893.52% 453.55% -95.09%
Pretax Income $5.544M $197.5M $132.9M
YoY Change -104.42% 48.57% 13.37%
Income Tax -$16.02M $34.52M $12.71M
% Of Pretax Income -289.02% 17.48% 9.56%
Net Earnings $21.57M $163.0M $120.2M
YoY Change -122.37% 35.56% 38.88%
Net Earnings / Revenue 2.12% 11.94% 10.31%
Basic Earnings Per Share $1.06 $0.78
Diluted Earnings Per Share $139.0K $1.05 $0.78
COMMON SHARES
Basic Shares Outstanding 153.9M shares 153.9M shares 153.3M shares
Diluted Shares Outstanding 155.1M shares 153.9M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.875B $2.061B $3.561B
YoY Change -42.44% -42.11% 290.37%
Cash & Equivalents $1.875B $2.061B $3.561B
Short-Term Investments
Other Short-Term Assets $185.8M $194.5M $178.9M
YoY Change -33.76% 8.69% 27.09%
Inventory $712.9M $475.3M $322.4M
Prepaid Expenses
Receivables $182.1M $282.6M $232.8M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.550B $4.708B $6.157B
YoY Change -22.16% -23.52% 50.57%
LONG-TERM ASSETS
Property, Plant & Equipment $684.0M $671.8M $785.2M
YoY Change -8.04% -14.43% -7.02%
Goodwill $63.18M $63.84M $64.88M
YoY Change -4.24% -1.61% 1.82%
Intangibles
YoY Change
Long-Term Investments $49.65M $48.77M $49.00M
YoY Change -4.52% -0.48% -2.0%
Other Assets $128.7M $124.7M $115.5M
YoY Change 5.09% 7.97% 35.05%
Total Long-Term Assets $6.501B $6.491B $6.376B
YoY Change 5.45% 1.82% -1.72%
TOTAL ASSETS
Total Short-Term Assets $4.550B $4.708B $6.157B
Total Long-Term Assets $6.501B $6.491B $6.376B
Total Assets $11.05B $11.20B $12.53B
YoY Change -7.99% -10.63% 18.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $375.0M $382.2M $289.1M
YoY Change 28.9% 32.21% -17.15%
Accrued Expenses $602.0M $599.9M $561.3M
YoY Change 8.03% 6.87% 0.77%
Deferred Revenue $18.29M
YoY Change 1.23%
Short-Term Debt $751.3M $749.6M $1.228B
YoY Change -25.93% -38.94% 21.18%
Long-Term Debt Due $1.542B $1.606B $2.109B
YoY Change -24.37% -23.87% 18.52%
Total Short-Term Liabilities $3.343B $3.430B $4.217B
YoY Change -16.05% -18.67% 14.02%
LONG-TERM LIABILITIES
Long-Term Debt $4.596B $4.876B $6.172B
YoY Change -22.54% -20.99% 33.96%
Other Long-Term Liabilities $206.7M $224.1M $209.6M
YoY Change -6.06% 6.93% -6.1%
Total Long-Term Liabilities $4.802B $5.100B $6.381B
YoY Change -21.95% -20.07% 32.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.343B $3.430B $4.217B
Total Long-Term Liabilities $4.802B $5.100B $6.381B
Total Liabilities $8.145B $8.531B $10.60B
YoY Change -19.63% -19.51% 24.27%
SHAREHOLDERS EQUITY
Retained Earnings $1.842B $1.844B $2.148B
YoY Change 43.4% -14.17% -4.01%
Common Stock $1.694M $1.694M $1.835M
YoY Change 0.53% -7.68% 0.44%
Preferred Stock
YoY Change
Treasury Stock (at cost) $597.0M $596.9M $1.352B
YoY Change 1.52% -55.86% 6.44%
Treasury Stock Shares 15.80M shares
Shareholders Equity $2.553B $2.334B $1.770B
YoY Change
Total Liabilities & Shareholders Equity $11.05B $11.20B $12.53B
YoY Change -7.99% -10.63% 18.49%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $21.57M $163.0M $120.2M
YoY Change -122.37% 35.56% 38.88%
Depreciation, Depletion And Amortization $42.70M $41.16M $44.60M
YoY Change -6.36% -7.71% -9.35%
Cash From Operating Activities $50.15M $281.3M $524.9M
YoY Change 17.17% -46.42% 48.95%
INVESTING ACTIVITIES
Capital Expenditures -$58.71M -$23.91M -$25.30M
YoY Change 51.3% -5.5% -33.42%
Acquisitions
YoY Change
Other Investing Activities $134.8M -$126.4M -$58.50M
YoY Change -34.91% 116.0% -60.74%
Cash From Investing Activities $76.10M -$150.3M -$83.80M
YoY Change -54.78% 79.32% -55.16%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -333.4M 194.8M -772.9M
YoY Change -40.11% -125.21% 246.9%
NET CHANGE
Cash From Operating Activities 50.15M 281.3M 524.9M
Cash From Investing Activities 76.10M -150.3M -83.80M
Cash From Financing Activities -333.4M 194.8M -772.9M
Net Change In Cash -207.1M 325.8M -331.8M
YoY Change -40.07% -198.19% 479.06%
FREE CASH FLOW
Cash From Operating Activities $50.15M $281.3M $524.9M
Capital Expenditures -$58.71M -$23.91M -$25.30M
Free Cash Flow $108.9M $305.2M $550.2M
YoY Change 33.4% -44.54% 40.93%

Facts In Submission

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DepositsNoncurrent
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CY2020Q3 hog Deposits Noncurrent
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LongTermDebtNoncurrent
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CommonStockValue
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TreasuryStockValue
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27406000 USD
hog Proceedsfrom Issuanceof Asset Backed Commercial Paper
ProceedsfromIssuanceofAssetBackedCommercialPaper
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RepaymentsfromIssuanceofAssetBackedCommercialPaper
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hog Repaymentsfrom Issuanceof Asset Backed Commercial Paper
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashAndCashEquivalentsAtCarryingValue
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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us-gaap Number Of Reportable Segments
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The preparation of consolidated financial statements in conformity with U.S. GAAP requires the Company's management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and the accompanying notes. Actual results could differ from those estimates.
CY2021Q3 us-gaap Revenues
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CY2020Q3 us-gaap Revenues
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us-gaap Revenues
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us-gaap Revenues
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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153252000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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663000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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1203000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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637000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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155117000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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153915000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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154903000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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1.06
CY2020Q3 us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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4.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.64
CY2021Q3 us-gaap Earnings Per Share Diluted
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1.05
CY2020Q3 us-gaap Earnings Per Share Diluted
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0.78
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.06
us-gaap Earnings Per Share Diluted
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0.64
CY2021Q3 us-gaap Equity Securities Fv Ni
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48766000 USD
CY2020Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
52061000 USD
CY2020Q3 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
48845000 USD
CY2021Q3 us-gaap Inventory Work In Process And Raw Materials
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279699000 USD
CY2020Q4 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
211979000 USD
CY2020Q3 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
152740000 USD
CY2021Q3 us-gaap Inventory Gross
InventoryGross
544991000 USD
CY2020Q4 us-gaap Inventory Gross
InventoryGross
577580000 USD
CY2020Q3 us-gaap Inventory Gross
InventoryGross
378801000 USD
CY2021Q3 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
69677000 USD
CY2020Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
54083000 USD
CY2020Q3 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
56426000 USD
CY2021Q3 us-gaap Inventory Net
InventoryNet
475314000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
523497000 USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
322375000 USD
CY2021Q3 us-gaap Time Deposit Maturities Remainder Of Fiscal Year
TimeDepositMaturitiesRemainderOfFiscalYear
47920000 USD
CY2021Q3 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
45000000 USD
CY2021Q3 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
65000000 USD
CY2021Q3 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
58500000 USD
CY2021Q3 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
0 USD
CY2021Q3 hog Time Deposit Maturities After Year Four
TimeDepositMaturitiesAfterYearFour
74717000 USD
CY2021Q3 hog Time Deposit Maturities Unamortized Fees
TimeDepositMaturitiesUnamortizedFees
867000 USD
CY2021Q3 us-gaap Time Deposits
TimeDeposits
290270000 USD
us-gaap Net Income Loss
NetIncomeLoss
628457000 USD
us-gaap Net Income Loss
NetIncomeLoss
97696000 USD
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
122483000 USD
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
140057000 USD
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
-63265000 USD
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
-52374000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
10426000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
10628000 USD
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
19640000 USD
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
23557000 USD
us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
14677000 USD
us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
5456000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
34032000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
12076000 USD
us-gaap Increase Decrease In Finance Receivables
IncreaseDecreaseInFinanceReceivables
22031000 USD
us-gaap Increase Decrease In Finance Receivables
IncreaseDecreaseInFinanceReceivables
-330793000 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
4935000 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
178433000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
10626000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-18978000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2094000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
10863000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
148670000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-29630000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-11088000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-5097000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-31874000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-273668000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
168306000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-16922000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-3703000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-33278000 USD
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
297094000 USD
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
1037372000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
925551000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1135068000 USD
CY2021Q3 us-gaap Notes Receivable Gross
NotesReceivableGross
7219092000 USD
CY2020Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
6833944000 USD
CY2020Q3 us-gaap Notes Receivable Gross
NotesReceivableGross
7252194000 USD
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
355834000 USD
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
390936000 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
408702000 USD
CY2021Q3 us-gaap Notes Receivable Net
NotesReceivableNet
6863258000 USD
CY2020Q4 us-gaap Notes Receivable Net
NotesReceivableNet
6443008000 USD
CY2020Q3 us-gaap Notes Receivable Net
NotesReceivableNet
6843492000 USD
hog Length Of Economic Forecast
LengthOfEconomicForecast
P2Y
hog Length Of Economic Forecast
LengthOfEconomicForecast
P2Y
hog Length Of Mean Reversion Process
LengthOfMeanReversionProcess
P3Y
CY2021Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
358811000 USD
CY2021Q3 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
390936000 USD
CY2021Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
11208000 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
4935000 USD
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
24670000 USD
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
76366000 USD
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
10485000 USD
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
36329000 USD
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
355834000 USD
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
355834000 USD
CY2020Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
411015000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
198581000 USD
CY2020Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
7835000 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
178433000 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
22820000 USD
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
107894000 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
12672000 USD
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
38978000 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
408702000 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
408702000 USD
hog Number Of Portfolios
NumberOfPortfolios
2 portfolio
CY2021Q3 us-gaap Notes Receivable Gross
NotesReceivableGross
7219092000 USD
CY2020Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
6833944000 USD
CY2020Q3 us-gaap Notes Receivable Gross
NotesReceivableGross
7252194000 USD
CY2021Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
850193000 USD
CY2021Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
254312000 USD
CY2021Q3 us-gaap Interest Expense
InterestExpense
7779000 USD
CY2021Q3 us-gaap Financing Interest Expense
FinancingInterestExpense
44770000 USD
CY2020Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
676796000 USD
CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
7100000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
18700000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
20900000 USD
CY2021Q3 us-gaap Variable Lease Cost
VariableLeaseCost
900000 USD
CY2020Q3 us-gaap Variable Lease Cost
VariableLeaseCost
2100000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
3400000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
5200000 USD
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
47507000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
45203000 USD
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
47599000 USD
CY2021Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
18468000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
17081000 USD
CY2021Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4876292000 USD
CY2020Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
17704000 USD
CY2021Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
26017000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
30115000 USD
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
31225000 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
44485000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
47196000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
48929000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
5017000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
17694000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
9119000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6907000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3923000 USD
CY2021Q3 hog Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
3406000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
46066000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5932933000 USD
CY2020Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
6171676000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1581000 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
44485000 USD
CY2021Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
4756000 USD
CY2020Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
5274000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
20479000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
15893000 USD
CY2021Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
11189000 USD
CY2020Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
-1327000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
17390000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
327000 USD
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y4M9D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y9M10D
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y11M1D
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
970079000 USD
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.024
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.031
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.031
CY2021Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
749620000 USD
CY2020Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
1014274000 USD
CY2020Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
1227763000 USD
CY2021Q3 us-gaap Long Term Debt
LongTermDebt
6482090000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
7972530000 USD
CY2020Q3 us-gaap Long Term Debt
LongTermDebt
8280960000 USD
CY2021Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
1605798000 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
2039597000 USD
CY2020Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
2109284000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1384747000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
1615337000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1752575000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1150272000 USD
CY2020Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
231721000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
7783000 USD
CY2020Q3 us-gaap Financing Interest Expense
FinancingInterestExpense
67533000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2586264000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
747665000 USD
us-gaap Interest Expense
InterestExpense
23209000 USD
us-gaap Financing Interest Expense
FinancingInterestExpense
149098000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2019310000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
734057000 USD
us-gaap Interest Expense
InterestExpense
23307000 USD
us-gaap Financing Interest Expense
FinancingInterestExpense
182193000 USD
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
9400000 USD
CY2021Q3 hog Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
384058000 USD
CY2021Q3 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
7257068000 USD
us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
100000 USD
CY2021Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
73626000 USD
CY2020Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
83513000 USD
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
69208000 USD
CY2019Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
89793000 USD
CY2021Q3 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
9516000 USD
CY2020Q3 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
8564000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
34006000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
25821000 USD
CY2021Q3 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
10860000 USD
CY2020Q3 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
12886000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
29823000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
37780000 USD
CY2021Q3 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-569000 USD
CY2020Q3 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
239000 USD
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-1678000 USD
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
1596000 USD
CY2021Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
71713000 USD
CY2020Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
79430000 USD
CY2021Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
71713000 USD
CY2020Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
79430000 USD
CY2021Q3 hog Standard Product Warranty Accrual Liability For Recall
StandardProductWarrantyAccrualLiabilityForRecall
21900000 USD
CY2020Q4 hog Standard Product Warranty Accrual Liability For Recall
StandardProductWarrantyAccrualLiabilityForRecall
24700000 USD
CY2020Q3 hog Standard Product Warranty Accrual Liability For Recall
StandardProductWarrantyAccrualLiabilityForRecall
29800000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
204212000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
137884000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
830746000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
129298000 USD
CY2021Q3 us-gaap Revenues
Revenues
1365310000 USD
CY2021Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
850193000 USD
CY2021Q3 us-gaap Financing Interest Expense
FinancingInterestExpense
44770000 USD
CY2021Q3 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
11208000 USD
CY2021Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
254312000 USD
CY2021Q3 us-gaap Restructuring Charges
RestructuringCharges
615000 USD
CY2021Q3 us-gaap Costs And Expenses
CostsAndExpenses
1161098000 USD
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
204212000 USD
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
858000 USD
CY2021Q3 us-gaap Investment Income Net
InvestmentIncomeNet
198000 USD
CY2021Q3 us-gaap Interest Expense
InterestExpense
7779000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
197489000 USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
34516000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
162973000 USD
us-gaap Revenues
Revenues
4319875000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2586264000 USD
us-gaap Financing Interest Expense
FinancingInterestExpense
149098000 USD
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
4935000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
747665000 USD
us-gaap Restructuring Charges
RestructuringCharges
1167000 USD
us-gaap Costs And Expenses
CostsAndExpenses
3489129000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
830746000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1825000 USD
us-gaap Investment Income Net
InvestmentIncomeNet
4331000 USD
us-gaap Interest Expense
InterestExpense
23209000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
813693000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
185236000 USD
us-gaap Net Income Loss
NetIncomeLoss
628457000 USD
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2061303000 USD
CY2021Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
282627000 USD
CY2021Q3 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
1540822000 USD
CY2021Q3 us-gaap Inventory Net
InventoryNet
475314000 USD
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
153873000 USD
CY2021Q3 us-gaap Other Assets Current
OtherAssetsCurrent
194481000 USD
CY2021Q3 us-gaap Assets Current
AssetsCurrent
4708420000 USD
CY2021Q3 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
5322436000 USD
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
671836000 USD
CY2021Q3 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
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CY2021Q3 us-gaap Assets
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hog Proceedsfrom Issuanceof Asset Backed Commercial Paper
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hog Repaymentsfrom Issuanceof Asset Backed Commercial Paper
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hog Proceeds From Repayments Of Unsecured Commercial Paper
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us-gaap Increase Decrease In Deposits
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2236576000 USD

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