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v3.25.2

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 | 6 Months Ended
--- | --- | ---
Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024
Derivative |  |  |  |
Motorcycles and related products cost of goods sold | $ 750,793 | $ 924,012 | $ 1,521,579 | $ 1,947,693
Selling, administrative and engineering expense | 300,557 | 304,008 | 556,214 | 597,105
Interest expense | 7,696 | 7,680 | 15,382 | 15,359
Financial services interest expense | 93,574 | 93,741 | 182,508 | 182,480
Cash Flow Hedging | Derivative Financial Instruments Designated as Cash Flow Hedging Instruments |  |  |  |
Derivative |  |  |  |
Gain/(Loss) Reclassified from AOCL into Income | 122,059 | (7,248) | 159,479 | (35,754)
Foreign currency contracts | Cash Flow Hedging | Derivative Financial Instruments Designated as Cash Flow Hedging Instruments |  |  |  |
Derivative |  |  |  |
Gain/(Loss) Reclassified from AOCL into Income | 5,749 | 3,447 | 9,148 | 6,969
Foreign currency contracts | Cash Flow Hedging | Derivative Financial Instruments Designated as Cash Flow Hedging Instruments | Motorcycles and related products cost of goods sold |  |  |  |
Derivative |  |  |  |
Gain/(Loss) Reclassified from AOCL into Income | 5,749 | 3,447 | 9,148 | 6,969
Commodity contracts | Cash Flow Hedging | Derivative Financial Instruments Designated as Cash Flow Hedging Instruments |  |  |  |
Derivative |  |  |  |
Gain/(Loss) Reclassified from AOCL into Income | 0 | (93) | 58 | (244)
Commodity contracts | Cash Flow Hedging | Derivative Financial Instruments Designated as Cash Flow Hedging Instruments | Motorcycles and related products cost of goods sold |  |  |  |
Derivative |  |  |  |
Gain/(Loss) Reclassified from AOCL into Income | 0 | (93) | 58 | (244)
Cross-currency swaps | Cash Flow Hedging | Derivative Financial Instruments Designated as Cash Flow Hedging Instruments |  |  |  |
Derivative |  |  |  |
Gain/(Loss) Reclassified from AOCL into Income | 116,669 | (10,413) | 150,989 | (42,146)
Cross-currency swaps | Cash Flow Hedging | Derivative Financial Instruments Designated as Cash Flow Hedging Instruments | Selling, administrative & engineering expense |  |  |  |
Derivative |  |  |  |
Gain/(Loss) Reclassified from AOCL into Income | 116,669 | (10,413) | 150,989 | (42,146)
Treasury rate lock contracts | Cash Flow Hedging | Derivative Financial Instruments Designated as Cash Flow Hedging Instruments |  |  |  |
Derivative |  |  |  |
Gain/(Loss) Reclassified from AOCL into Income | (211) | (41) | (422) | (37)
Treasury rate lock contracts | Cash Flow Hedging | Derivative Financial Instruments Designated as Cash Flow Hedging Instruments | Interest expense |  |  |  |
Derivative |  |  |  |
Gain/(Loss) Reclassified from AOCL into Income | (91) | (91) | (182) | (182)
Treasury rate lock contracts | Cash Flow Hedging | Derivative Financial Instruments Designated as Cash Flow Hedging Instruments | Financial services interest expense |  |  |  |
Derivative |  |  |  |
Gain/(Loss) Reclassified from AOCL into Income | (120) | 50 | (240) | 145
Swap rate lock contracts | Cash Flow Hedging | Derivative Financial Instruments Designated as Cash Flow Hedging Instruments |  |  |  |
Derivative |  |  |  |
Gain/(Loss) Reclassified from AOCL into Income | (148) | (148) | (294) | (296)
Swap rate lock contracts | Cash Flow Hedging | Derivative Financial Instruments Designated as Cash Flow Hedging Instruments | Financial services interest expense |  |  |  |
Derivative |  |  |  |
Gain/(Loss) Reclassified from AOCL into Income | $ (148) | $ (148) | $ (294) | $ (296)

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