XML 72 R62.htm IDEA: XBRL DOCUMENT v3.24.3
Derivative Financial Instruments and Hedging Activities - Schedule of Amount of Gains and Losses Recognized in Income Related to Derivative Financial Instruments (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Derivative        
Motorcycles and related products cost of goods sold $ 618,580 $ 893,343 $ 2,566,272 $ 2,691,272
Selling, administrative and engineering expense 273,879 301,454 870,985 877,591
Interest expense 7,707 7,688 23,066 23,104
Financial services interest expense 94,463 84,123 276,943 243,677
Cash Flow Hedging | Designated as Hedging Instrument        
Derivative        
Gain/(Loss) Reclassified from AOCL into Income 64,997 (45,059) 29,243 (16,891)
Cash Flow Hedging | Designated as Hedging Instrument | Foreign currency contracts        
Derivative        
Gain/(Loss) Reclassified from AOCL into Income 6,749 (3,588) 13,718 635
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 6,749 (3,588) 13,718 635
Cash Flow Hedging | Designated as Hedging Instrument | Commodity contracts        
Derivative        
Gain/(Loss) Reclassified from AOCL into Income (62) (115) (306) (814)
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 (62) (115) (306) (814)
Cash Flow Hedging | Designated as Hedging Instrument | Cross-currency swaps        
Derivative        
Gain/(Loss) Reclassified from AOCL into Income 58,669 (41,210) 16,523 (16,365)
Cash Flow Hedging | Designated as Hedging Instrument | Cross-currency swaps | Selling, administrative & engineering expense        
Derivative        
Gain/(Loss) Reclassified from AOCL into Income 58,669 (41,210) 16,523 (16,365)
Cash Flow Hedging | Designated as Hedging Instrument | Treasury rate lock contracts        
Derivative        
Gain/(Loss) Reclassified from AOCL into Income (210) (241) (247) (510)
Cash Flow Hedging | Designated as Hedging Instrument | Treasury rate lock contracts | Interest expense        
Derivative        
Gain/(Loss) Reclassified from AOCL into Income (90) (91) (272) (272)
Cash Flow Hedging | Designated as Hedging Instrument | Treasury rate lock contracts | Financial services interest expense        
Derivative        
Gain/(Loss) Reclassified from AOCL into Income (120) (150) 25 (238)
Cash Flow Hedging | Designated as Hedging Instrument | Swap rate lock contracts        
Derivative        
Gain/(Loss) Reclassified from AOCL into Income (149) 95 (445) 163
Cash Flow Hedging | Designated as Hedging Instrument | Swap rate lock contracts | Financial services interest expense        
Derivative        
Gain/(Loss) Reclassified from AOCL into Income $ (149) $ 95 $ (445) $ 163