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Asset-Backed Financing (Tables) | 12 Months Ended
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Dec. 31, 2018
Transfers and Servicing [Abstract] |
Schedule Of Assets And Liabilities Of Variable Interest Entities | The following table shows the assets and liabilities related to the on-balance sheet asset-backed financings included in the financial statements at December 31 (in thousands):
| 2018
| Finance receivables |  | Allowance for credit losses |  | Restricted cash |  | Other assets |  | Total assets |  | Asset-backed debt
On-balance sheet assets and liabilities |  |  |  |  |  |  |  |  |  |  |
Consolidated VIEs |  |  |  |  |  |  |  |  |  |  |
Asset-backed securitizations | $ | 158,718 |  |  | $ | (4,691 | ) |  | $ | 17,191 |  |  | $ | 329 |  |  | $ | 171,547 |  |  | $ | 95,167 |
Asset-backed U.S. commercial paper conduit facilities | 631,588 |  |  | (18,733 | ) |  | 30,012 |  |  | 1,234 |  |  | 644,101 |  |  | 582,717 |
Unconsolidated VIEs |  |  |  |  |  |  |  |  |  |  |
Asset-backed Canadian commercial paper conduit facility | 181,774 |  |  | (3,130 | ) |  | 8,779 |  |  | 343 |  |  | 187,766 |  |  | 155,951 |
Total on-balance sheet assets and liabilities | $ | 972,080 |  |  | $ | (26,554 | ) |  | $ | 55,982 |  |  | $ | 1,906 |  |  | $ | 1,003,414 |  |  | $ | 833,835 |
| 2017
| Finance receivables |  | Allowance for credit losses |  | Restricted cash |  | Other assets |  | Total assets |  | Asset-backed debt
On-balance sheet assets and liabilities |  |  |  |  |  |  |  |  |  |  |
Consolidated VIEs |  |  |  |  |  |  |  |  |  |  |
Asset-backed securitizations | $ | 439,301 |  |  | $ | (13,686 | ) |  | $ | 34,919 |  |  | $ | 1,260 |  |  | $ | 461,794 |  |  | $ | 352,624 |
Asset-backed U.S. commercial paper conduit facilities | 300,530 |  |  | (9,392 | ) |  | 13,787 |  |  | 888 |  |  | 305,813 |  |  | 279,457 |
Unconsolidated VIEs |  |  |  |  |  |  |  |  |  |  |
Asset-backed Canadian commercial paper conduit facility | 203,691 |  |  | (3,746 | ) |  | 9,983 |  |  | 470 |  |  | 210,398 |  |  | 174,779 |
Total on-balance sheet assets and liabilities | $ | 943,522 |  |  | $ | (26,824 | ) |  | $ | 58,689 |  |  | $ | 2,618 |  |  | $ | 978,005 |  |  | $ | 806,860 |
Schedule Of Secured Notes With Related Maturity | Debt with a contractual term greater than one year is generally classified as long-term debt and consisted of the following as of December 31 (in thousands):
|  | 2018 |  | 2017
Secured debt (Note 12) |  |  |  |
Asset-backed Canadian commercial paper conduit facility |  | $ | 155,951 |  |  | $ | 174,779 |
Asset-backed U.S. commercial paper conduit facilities |  | 582,717 |  |  | 279,457 |
Asset-backed securitization debt |  | 95,216 |  |  | 353,085 |
Less: unamortized discount and debt issuance costs |  | (49 | ) |  | (461 | )
Total secured debt |  | 833,835 |  |  | 806,860 |
Unsecured notes (at par value) |  |  |  |
6.80% Medium-term notes due in 2018, issued May 2008 |  | — |  |  | 877,488 |
2.25% Medium-term notes due in 2019, issued January 2016 |  | 600,000 |  |  | 600,000 |
Floating-rate Medium-term notes due in 2019, issued March 2017(a) |  | 150,000 |  |  | 150,000 |
2.40% Medium-term notes due in 2019, issued September 2014 |  | 600,000 |  |  | 600,000 |
2.15% Medium-term notes due in 2020, issued February 2015 |  | 600,000 |  |  | 600,000 |
Floating-rate Medium-term notes due in 2020, issued May 2018(b) |  | 450,000 |  |  | — |
2.40% Medium-term notes due in 2020, issued March 2017 |  | 350,000 |  |  | 350,000 |
2.85% Medium-term notes due in 2021, issued January 2016 |  | 600,000 |  |  | 600,000 |
Floating-rate Medium-term notes due in 2021, issued November 2018(c) |  | 450,000 |  |  | — |
3.55% Medium-term notes due in 2021, issued May 2018 |  | 350,000 |  |  | — |
2.55% Medium-term notes due in 2022, issued June 2017 |  | 400,000 |  |  | 400,000 |
3.35% Medium-term notes due in 2023, issued February 2018 |  | 350,000 |  |  | — |
3.50% Senior unsecured notes due in 2025, issued July 2015 |  | 450,000 |  |  | 450,000 |
4.625% Senior unsecured notes due in 2045, issued July 2015 |  | 300,000 |  |  | 300,000 |
Less: unamortized discount and debt issuance costs |  | (20,369 | ) |  | (19,821 | )
Gross long-term debt |  | 6,463,466 |  |  | 5,714,527 |
Less: current portion of long-term debt, net of unamortized discount and debt issuance costs |  | (1,575,799 | ) |  | (1,127,269 | )
Total long-term debt |  | $ | 4,887,667 |  |  | $ | 4,587,258 |
At December 31, 2018, the Company's consolidated balance sheet included outstanding balances related to the following secured notes with the related maturity dates and interest rates (in thousands):
Issue Date |  | Principal Amount at Date of Issuance |  | Weighted-Average Rate at Date of Issuance |  | Contractual Maturity Date
May 2015 |  | $500,000 |  | 0.88% |  | May 2016 - December 2022
January 2015 |  | $700,000 |  | 0.89% |  | February 2016 - August 2022
In addition, outstanding balances related to the following secured notes included in the Company's consolidated balance sheet at December 31, 2017 were repaid during 2018 (in thousands):
| Issue Date |  | Principal Amount at Date of Issuance |  | Weighted-Average Rate at Date of Issuance |  | Contractual Maturity Date
| April 2014 |  | $850,000 |  | 0.66% |  | April 2015 - October 2021
Schedule of Unpaid Principal Balance of Serviced Retail Motorcycle Finance Receivables | The unpaid principal balance of serviced retail motorcycle finance receivables at December 31 was as follows (in thousands):
| 2018 |  | 2017
On-balance sheet retail motorcycle finance receivables | $ | 6,185,350 |  |  | $ | 5,993,185 |
Off-balance sheet retail motorcycle finance receivables | 79,613 |  |  | 146,425 |
Total serviced retail motorcycle finance receivables | $ | 6,264,963 |  |  | $ | 6,139,610 |
The balance of serviced finance receivables 30 days or more delinquent at December 31 was as follows (in thousands):
| Amount 30 days or more past due:
| 2018 |  | 2017
On-balance sheet retail motorcycle finance receivables | $ | 228,015 |  |  | $ | 227,127 |
Off-balance sheet retail motorcycle finance receivables | 1,658 |  |  | 2,106 |
Total serviced retail motorcycle finance receivables | $ | 229,673 |  |  | $ | 229,233 |
Credit losses, net of recoveries for the serviced finance receivables for the years ended December 31 were as follows (in thousands):
| 2018 |  | 2017
On-balance sheet retail motorcycle finance receivables | $ | 109,448 |  |  | $ | 113,316 |
Off-balance sheet retail motorcycle finance receivables | 907 |  |  | 1,191 |
Total serviced retail motorcycle finance receivables | $ | 110,355 |  |  | $ | 114,507 |

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- Definition Tabular disclosure of a transferor's continuing involvement with financial assets transferred to a transferee in a securitization, asset-backed financing arrangement, or similar transfer. Such disclosure would, at a minimum, contain information allowing for an assessment of the reasons for the transferor's continuing involvement, the risks related to the transferred financial assets to which the transferor continues to be exposed, and the extent of change to the transferor's risk profile due to the transfer (including, but not limited to, credit risk, interest rate risk, other). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109247956&loc=d3e107314-111719 + Details
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