2024 Q3 Form 10-Q Financial Statement

#000079395224000150 Filed on August 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $1.151B $1.619B
YoY Change -25.72% 11.99%
Cost Of Revenue $811.3M $1.116B
YoY Change -9.18% 14.83%
Gross Profit $339.4M $502.7M
YoY Change -48.24% 6.16%
Gross Profit Margin 29.49% 31.05%
Selling, General & Admin $233.6M $261.6M
YoY Change -22.52% 3.74%
% of Gross Profit 68.83% 52.04%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $39.19M $38.87M
YoY Change -2.99% 2.64%
% of Gross Profit 11.55% 7.73%
Operating Expenses $233.6M $261.6M
YoY Change -22.52% 3.74%
Operating Profit $105.8M $241.1M
YoY Change -49.45% 8.93%
Interest Expense $8.743M $7.131M
YoY Change 13.72% 106.4%
% of Operating Profit 8.26% 2.96%
Other Income/Expense, Net $18.41M $15.88M
YoY Change -31.35% 119.75%
Pretax Income $132.9M $264.1M
YoY Change -44.21% 13.83%
Income Tax $16.98M $48.71M
% Of Pretax Income 12.77% 18.44%
Net Earnings $119.0M $218.3M
YoY Change -40.08% 22.6%
Net Earnings / Revenue 10.35% 13.48%
Basic Earnings Per Share $0.92 $1.64
Diluted Earnings Per Share $0.91 $1.63
COMMON SHARES
Basic Shares Outstanding 131.6M shares 134.5M shares
Diluted Shares Outstanding 131.0M shares 134.1M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.244B $1.849B
YoY Change 19.48% 21.5%
Cash & Equivalents $2.244B $1.849B
Short-Term Investments
Other Short-Term Assets $355.9M $325.5M
YoY Change 56.41% -3.51%
Inventory $681.9M $668.9M
Prepaid Expenses
Receivables $2.608B $2.794B
Other Receivables $0.00 $0.00
Total Short-Term Assets $5.890B $5.638B
YoY Change 8.61% 12.43%
LONG-TERM ASSETS
Property, Plant & Equipment $728.5M $720.4M
YoY Change 3.58% 4.69%
Goodwill $62.91M $62.15M
YoY Change 1.57% -0.48%
Intangibles
YoY Change
Long-Term Investments $33.82M $34.39M
YoY Change 2.47% -2.23%
Other Assets $1.637B $1.577B
YoY Change 1088.96% 7.2%
Total Long-Term Assets $7.137B $7.123B
YoY Change 1.38% 1.73%
TOTAL ASSETS
Total Short-Term Assets $5.890B $5.638B
Total Long-Term Assets $7.137B $7.123B
Total Assets $13.03B $12.76B
YoY Change 4.53% 6.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $932.0M $1.038B
YoY Change 143.89% 9.28%
Accrued Expenses $626.4M $661.2M
YoY Change 6.86% 11.93%
Deferred Revenue
YoY Change
Short-Term Debt $497.4M $497.8M
YoY Change -38.98% -28.41%
Long-Term Debt Due $2.562B $2.021B
YoY Change 301.18% 234.27%
Total Short-Term Liabilities $4.170B $3.764B
YoY Change 56.0% 52.62%
LONG-TERM LIABILITIES
Long-Term Debt $4.740B $4.950B
YoY Change -19.07% -14.14%
Other Long-Term Liabilities $692.5M $612.7M
YoY Change 183.34% 3.15%
Total Long-Term Liabilities $5.432B $5.563B
YoY Change -10.96% -12.53%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.170B $3.764B
Total Long-Term Liabilities $5.432B $5.563B
Total Liabilities $9.602B $9.327B
YoY Change 9.44% 5.68%
SHAREHOLDERS EQUITY
Retained Earnings $3.604B $3.507B
YoY Change 16.3% 19.91%
Common Stock $1.720M $1.720M
YoY Change 0.47% 0.47%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.425B $3.433B
YoY Change
Total Liabilities & Shareholders Equity $13.03B $12.76B
YoY Change 4.53% 6.2%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $119.0M $218.3M
YoY Change -40.08% 22.6%
Depreciation, Depletion And Amortization $39.19M $38.87M
YoY Change -2.99% 2.64%
Cash From Operating Activities $353.0M $473.6M
YoY Change 19.14% 30.18%
INVESTING ACTIVITIES
Capital Expenditures $52.59M $41.48M
YoY Change 0.36% 0.16%
Acquisitions
YoY Change
Other Investing Activities -$36.56M -$243.1M
YoY Change -67.79% 4.22%
Cash From Investing Activities -$89.15M -$284.5M
YoY Change -46.26% 3.61%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 131.5M 207.9M
YoY Change -42.54% -235.23%
NET CHANGE
Cash From Operating Activities 353.0M 473.6M
Cash From Investing Activities -89.15M -284.5M
Cash From Financing Activities 131.5M 207.9M
Net Change In Cash 395.3M 397.0M
YoY Change 10.06% -715.36%
FREE CASH FLOW
Cash From Operating Activities $353.0M $473.6M
Capital Expenditures $52.59M $41.48M
Free Cash Flow $300.4M $432.2M
YoY Change 23.18% 34.03%

Facts In Submission

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hog Length Of Economic Forecast
LengthOfEconomicForecast
P2Y
hog Length Of Mean Reversion Process
LengthOfMeanReversionProcess
P3Y
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
380361000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
381966000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
56030000 usd
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
117040000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
60712000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
142080000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
17838000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
36591000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
393517000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
393517000 usd
CY2023Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
358431000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
358711000 usd
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
57278000 usd
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
109642000 usd
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
50437000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
118445000 usd
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
16508000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
31872000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
381780000 usd
hog Number Of Portfolios
NumberOfPortfolios
2 portfolio
CY2024Q2 hog Number Of Dealers Classified As Non Accrual
NumberOfDealersClassifiedAsNonAccrual
2 dealer
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
8412081000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
7880231000 usd
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
7891646000 usd
CY2024Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
924012000 usd
CY2024Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
304008000 usd
CY2024Q2 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
7680000 usd
CY2024Q2 us-gaap Financing Interest Expense
FinancingInterestExpense
93741000 usd
CY2023Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
790628000 usd
CY2023Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
290274000 usd
CY2023Q2 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
7696000 usd
CY2023Q2 us-gaap Financing Interest Expense
FinancingInterestExpense
86005000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1947693000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
597105000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
15359000 usd
us-gaap Financing Interest Expense
FinancingInterestExpense
182480000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1797929000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
576137000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
15416000 usd
us-gaap Financing Interest Expense
FinancingInterestExpense
159554000 usd
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
-29600000 usd
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
6971215000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
6246585000 usd
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
6369946000 usd
CY2024Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
2021344000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1255999000 usd
CY2023Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
604700000 usd
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4949871000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4990586000 usd
CY2023Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5765246000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1549180000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
1822509000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1431918000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
985174000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
906942000 usd
CY2024Q2 hog Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
800222000 usd
CY2024Q2 hog Debt Instrument Future Principal Payments
DebtInstrumentFuturePrincipalPayments
7495945000 usd
CY2024Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
26938000 usd
CY2024Q2 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
7469007000 usd
CY2024Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
67159000 usd
CY2023Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
74668000 usd
CY2023Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
64144000 usd
CY2022Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
75960000 usd
CY2024Q2 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
14556000 usd
CY2023Q2 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
10058000 usd
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
29188000 usd
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
21985000 usd
CY2024Q2 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
16091000 usd
CY2023Q2 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
14528000 usd
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
29846000 usd
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
26579000 usd
CY2024Q2 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
4009000 usd
CY2023Q2 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-4907000 usd
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
6147000 usd
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-6075000 usd
CY2024Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
69633000 usd
CY2023Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
65291000 usd
CY2024Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
69633000 usd
CY2023Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
65291000 usd
CY2024Q2 us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
-11005000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Tax
OtherComprehensiveIncomeLossBeforeReclassificationsTax
-1006000 usd
CY2024Q2 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-9999000 usd
CY2024Q2 us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent
-6171000 usd
CY2024Q2 us-gaap Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
-1488000 usd
CY2024Q2 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-4683000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-5316000 usd
CY2023Q2 us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
2398000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Tax
OtherComprehensiveIncomeLossBeforeReclassificationsTax
2368000 usd
CY2023Q2 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
30000 usd
CY2023Q2 us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent
1959000 usd
CY2023Q2 us-gaap Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
457000 usd
CY2023Q2 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
1502000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1472000 usd
us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
-64951000 usd
us-gaap Other Comprehensive Income Loss Before Reclassifications Tax
OtherComprehensiveIncomeLossBeforeReclassificationsTax
-6430000 usd
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-58521000 usd
us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent
-33601000 usd
us-gaap Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
-7992000 usd
us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-25609000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-32912000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2024Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
241102000 usd
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
221338000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
504182000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
590947000 usd
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1355354000 usd
CY2024Q2 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
263539000 usd
CY2024Q2 us-gaap Revenues
Revenues
1618893000 usd
CY2024Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
924012000 usd
CY2024Q2 us-gaap Financing Interest Expense
FinancingInterestExpense
93741000 usd
CY2024Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
56030000 usd
CY2024Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
304008000 usd
CY2024Q2 us-gaap Costs And Expenses
CostsAndExpenses
1377791000 usd
CY2024Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
241102000 usd
CY2024Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
15879000 usd
CY2024Q2 us-gaap Investment Income Net
InvestmentIncomeNet
14811000 usd
CY2024Q2 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
7680000 usd
CY2024Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
264112000 usd
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
48706000 usd
CY2024Q2 us-gaap Profit Loss
ProfitLoss
215406000 usd
CY2024Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2863000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
218269000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2836164000 usd
us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
512336000 usd
us-gaap Revenues
Revenues
3348500000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1947693000 usd
us-gaap Financing Interest Expense
FinancingInterestExpense
182480000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
117040000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
597105000 usd
us-gaap Costs And Expenses
CostsAndExpenses
2844318000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
504182000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
36443000 usd
us-gaap Investment Income Net
InvestmentIncomeNet
29215000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
15359000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
554481000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
106842000 usd
us-gaap Profit Loss
ProfitLoss
447639000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-5571000 usd
us-gaap Net Income Loss
NetIncomeLoss
453210000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1205162000 usd
CY2023Q2 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
240361000 usd
CY2023Q2 us-gaap Revenues
Revenues
1445523000 usd
CY2023Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
790628000 usd
CY2023Q2 us-gaap Financing Interest Expense
FinancingInterestExpense
86005000 usd
CY2023Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
57278000 usd
CY2023Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
290274000 usd
CY2023Q2 us-gaap Costs And Expenses
CostsAndExpenses
1224185000 usd
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
221338000 usd
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
7226000 usd
CY2023Q2 us-gaap Investment Income Net
InvestmentIncomeNet
11151000 usd
CY2023Q2 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
7696000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
232019000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
58189000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
173830000 usd
CY2023Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-4209000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
178039000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2770753000 usd
us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
463456000 usd
us-gaap Revenues
Revenues
3234209000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1797929000 usd
us-gaap Financing Interest Expense
FinancingInterestExpense
159554000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
109642000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
576137000 usd
us-gaap Costs And Expenses
CostsAndExpenses
2643262000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
590947000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
27322000 usd
us-gaap Investment Income Net
InvestmentIncomeNet
21176000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
15416000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
624029000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
148370000 usd
us-gaap Profit Loss
ProfitLoss
475659000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-6470000 usd
us-gaap Net Income Loss
NetIncomeLoss
482129000 usd
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1849159000 usd
CY2024Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
321285000 usd
CY2024Q2 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
2472784000 usd
CY2024Q2 us-gaap Inventory Net
InventoryNet
668924000 usd
CY2024Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
137486000 usd
CY2024Q2 us-gaap Other Assets Current
OtherAssetsCurrent
188002000 usd
CY2024Q2 us-gaap Assets Current
AssetsCurrent
5637640000 usd
CY2024Q2 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
5545780000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
720423000 usd
CY2024Q2 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
438805000 usd
CY2024Q2 us-gaap Goodwill
Goodwill
62152000 usd
CY2024Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
158580000 usd
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
61916000 usd
CY2024Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
134946000 usd
CY2024Q2 us-gaap Assets
Assets
12760242000 usd
CY2024Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
377067000 usd
CY2024Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
661167000 usd
CY2024Q2 hog Deposits Current
DepositsCurrent
206972000 usd
CY2024Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
497792000 usd
CY2024Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
2021344000 usd
CY2024Q2 us-gaap Liabilities Current
LiabilitiesCurrent
3764342000 usd
CY2024Q2 hog Deposits Noncurrent
DepositsNoncurrent
297121000 usd
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4949871000 usd
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
45355000 usd
CY2024Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
58886000 usd
CY2024Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
33497000 usd
CY2024Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
177854000 usd
CY2024Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3433316000 usd
CY2024Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
12760242000 usd
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1521940000 usd
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
329487000 usd
CY2023Q2 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
1979645000 usd
CY2023Q2 us-gaap Inventory Net
InventoryNet
846033000 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
135618000 usd
CY2023Q2 us-gaap Other Assets Current
OtherAssetsCurrent
201702000 usd
CY2023Q2 us-gaap Assets Current
AssetsCurrent
5014425000 usd
CY2023Q2 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
5530221000 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
688116000 usd
CY2023Q2 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
353004000 usd
CY2023Q2 us-gaap Goodwill
Goodwill
62451000 usd
CY2023Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
145368000 usd
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
73226000 usd
CY2023Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
148750000 usd
CY2023Q2 us-gaap Assets
Assets
12015561000 usd
CY2023Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
359425000 usd
CY2023Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
590685000 usd
CY2023Q2 hog Deposits Current
DepositsCurrent
216293000 usd
CY2023Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
695356000 usd
CY2023Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
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CY2023Q2 us-gaap Liabilities Current
LiabilitiesCurrent
2466459000 usd
CY2023Q2 hog Deposits Noncurrent
DepositsNoncurrent
223618000 usd
CY2023Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5765246000 usd
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
56110000 usd
CY2023Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
66801000 usd
CY2023Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
31519000 usd
CY2023Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
215952000 usd
CY2023Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
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CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3189856000 usd
CY2023Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
12015561000 usd
us-gaap Profit Loss
ProfitLoss
447639000 usd
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
80376000 usd
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
-36466000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
6793000 usd
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
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us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
2593000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
28995000 usd
hog Increase Decrease In Finance Receivables Excluding Interest Expense
IncreaseDecreaseInFinanceReceivablesExcludingInterestExpense
388030000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
117040000 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
146000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-14965000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
65927000 usd
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-2759000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-235539000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
64166000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-25451000 usd
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
130003000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
577642000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
87835000 usd
us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
2095952000 usd
us-gaap Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
1786964000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
206000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-397029000 usd
us-gaap Proceeds From Issuance Of Medium Term Notes
ProceedsFromIssuanceOfMediumTermNotes
495856000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
547618000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
506489000 usd
hog Proceeds From Issuance Of Asset Backed Commercial Paper
ProceedsFromIssuanceOfAssetBackedCommercialPaper
351429000 usd
hog Repaymentsfrom Issuanceof Asset Backed Commercial Paper
RepaymentsfromIssuanceofAssetBackedCommercialPaper
125654000 usd
hog Proceeds From Repayments Of Unsecured Commercial Paper
ProceedsFromRepaymentsOfUnsecuredCommercialPaper
-379743000 usd
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
56007000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
47359000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
209675000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
8000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
181998000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-10821000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
351790000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1648811000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
351790000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2000601000 usd
us-gaap Profit Loss
ProfitLoss
475659000 usd
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
72225000 usd
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
-44393000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
6508000 usd
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
-33656000 usd
us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
2882000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
44413000 usd
hog Increase Decrease In Finance Receivables Excluding Interest Expense
IncreaseDecreaseInFinanceReceivablesExcludingInterestExpense
267942000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
109642000 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-4251000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
31160000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
79531000 usd
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-3189000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-94636000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-16047000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
4676000 usd
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
-65139000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
410520000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
86526000 usd
us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
2128983000 usd
us-gaap Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
1869463000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-850000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-345196000 usd
us-gaap Proceeds From Issuance Of Medium Term Notes
ProceedsFromIssuanceOfMediumTermNotes
1446304000 usd
us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
1056680000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
547706000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
645377000 usd
hog Proceeds From Issuance Of Asset Backed Commercial Paper
ProceedsFromIssuanceOfAssetBackedCommercialPaper
33547000 usd
hog Repaymentsfrom Issuanceof Asset Backed Commercial Paper
RepaymentsfromIssuanceofAssetBackedCommercialPaper
129961000 usd
hog Proceeds From Repayments Of Unsecured Commercial Paper
ProceedsFromRepaymentsOfUnsecuredCommercialPaper
-75229000 usd
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
122288000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
48193000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
169645000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
76000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
24836000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-490000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
89670000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1579177000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
89670000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1668847000 usd
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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