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Fair Value (Tables)
6 Months Ended
Jun. 30, 2024
Fair Value Disclosures [Abstract]  
Schedule of Summary of Assets and Liabilities Measured at Fair Value on a Recurring Basis
Recurring Fair Value Measurements – The Company’s assets and liabilities measured at fair value on a recurring basis were as follows (in thousands):
 June 30, 2024
BalanceLevel 1Level 2
Assets:
Cash equivalents$1,435,709 $1,296,000 $139,709 
Marketable securities34,392 34,392 — 
Derivative financial instruments9,076 — 9,076 
$1,479,177 $1,330,392 $148,785 
Liabilities:
Derivative financial instruments$34,455 $— $34,455 
LiveWire warrants5,769 3,774 1,995 
$40,224 $3,774 $36,450 
 December 31, 2023
Balance Level 1Level 2
Assets:
Cash equivalents$1,067,755 $898,000 $169,755 
Marketable securities34,079 34,079 — 
Derivative financial instruments19,073 — 19,073 
$1,120,907 $932,079 $188,828 
Liabilities:
Derivative financial instruments$12,806 $— $12,806 
LiveWire warrants12,319 8,059 4,260 
$25,125 $8,059 $17,066 
 June 30, 2023
Balance Level 1Level 2
Assets:
Cash equivalents$972,567 $738,000 $234,567 
Marketable securities35,175 35,175 — 
Derivative financial instruments14,824 — 14,824 
$1,022,566 $773,175 $249,391 
Liabilities:
Derivative financial instruments$29,350 $— $29,350 
LiveWire warrants18,757 $12,300 $6,457 
$48,107 $12,300 $35,807 
Schedule of Summary of the Fair Value and Carrying Value of the Company's Financial Instruments The fair value and carrying value of the Company’s remaining financial instruments that are measured at cost or amortized cost were as follows (in thousands):
 June 30, 2024December 31, 2023June 30, 2023
 Fair ValueCarrying ValueFair ValueCarrying ValueFair ValueCarrying Value
Assets:
Finance receivables, net$8,041,027 $8,018,564 $7,500,263 $7,498,265 $7,536,523 $7,509,866 
Liabilities:
Deposits, net$516,621 $504,093 $460,766 $447,782 $459,497 $439,911 
Debt:
Unsecured commercial paper$497,792 $497,792 $878,935 $878,935 $695,356 $695,356 
Asset-backed U.S. commercial paper conduit facility$435,930 $435,930 $233,258 $233,258 $318,406 $318,406 
Asset-backed Canadian commercial paper conduit facility$91,379 $91,379 $70,742 $70,742 $84,269 $84,269 
Asset-backed securitization debt$1,918,596 $1,921,408 $1,872,215 $1,877,368 $1,903,422 $1,924,545 
Medium-term notes$3,762,182 $3,776,060 $3,308,952 $3,319,138 $3,191,435 $3,297,004 
Senior notes$678,553 $746,438 $674,787 $746,079 $681,581 $745,722