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v3.23.1

Derivative Financial Instruments and Hedging Activities - Amount Of Gains And Losses Recognized In Income Related To Derivative Financial Instruments (Details) - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2023 | Mar. 27, 2022
Derivative |  |
Motorcycles and related products cost of goods sold | $ 1,007,301 | $ 895,536
Selling, administrative and engineering expense | 285,863 | 239,625
Interest expense | 7,720 | 7,711
Financial services interest expense | 73,549 | 42,099
Expected income to be reclassified in next twelve months | 17,600 |
Cash Flow Hedging | Designated as Hedging Instrument |  |
Derivative |  |
Gain/(Loss) Reclassified from AOCL into Income | 27,465 | (20,046)
Cash Flow Hedging | Designated as Hedging Instrument | Foreign currency contracts |  |
Derivative |  |
Gain/(Loss) Reclassified from AOCL into Income | 6,290 | 5,655
Cash Flow Hedging | Designated as Hedging Instrument | Foreign currency contracts | Motorcycles and related products cost of goods sold |  |
Derivative |  |
Gain/(Loss) Reclassified from AOCL into Income | 6,290 | 5,655
Cash Flow Hedging | Designated as Hedging Instrument | Commodity contracts |  |
Derivative |  |
Gain/(Loss) Reclassified from AOCL into Income | (379) | 226
Cash Flow Hedging | Designated as Hedging Instrument | Commodity contracts | Motorcycles and related products cost of goods sold |  |
Derivative |  |
Gain/(Loss) Reclassified from AOCL into Income | (379) | 226
Cash Flow Hedging | Designated as Hedging Instrument | Cross-currency swaps |  |
Derivative |  |
Gain/(Loss) Reclassified from AOCL into Income | 21,625 | (25,800)
Cash Flow Hedging | Designated as Hedging Instrument | Cross-currency swaps | Selling, administrative & engineering expense |  |
Derivative |  |
Gain/(Loss) Reclassified from AOCL into Income | 21,625 | (25,800)
Cash Flow Hedging | Designated as Hedging Instrument | Treasury rate lock contracts |  |
Derivative |  |
Gain/(Loss) Reclassified from AOCL into Income | (66) | (127)
Cash Flow Hedging | Designated as Hedging Instrument | Treasury rate lock contracts | Interest expense |  |
Derivative |  |
Gain/(Loss) Reclassified from AOCL into Income | (91) | (91)
Cash Flow Hedging | Designated as Hedging Instrument | Treasury rate lock contracts | Financial services interest expense |  |
Derivative |  |
Gain/(Loss) Reclassified from AOCL into Income | 25 | (36)
Cash Flow Hedging | Designated as Hedging Instrument | Swap rate lock contracts |  |
Derivative |  |
Gain/(Loss) Reclassified from AOCL into Income | (5) | $ 0
Cash Flow Hedging | Designated as Hedging Instrument | Swap rate lock contracts | Financial services interest expense |  |
Derivative |  |
Gain/(Loss) Reclassified from AOCL into Income | $ (5) |

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- Definition The estimated net amount of existing gains or losses on cash flow hedges at the reporting date expected to be reclassified to earnings within the next 12 months. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480870/815-30-50-1 + Details
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 924 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 11.L) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479941/924-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.2(a),(d)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 + Details
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- Definition Amount, before tax, of reclassification of gain (loss) from accumulated other comprehensive income (AOCI) for derivative instrument designated and qualifying as cash flow hedge included in assessment of hedge effectiveness. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-11 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-15 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Subparagraph (c) -SubTopic 10 -Topic 815 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C + Details
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