XML 53 R41.htm IDEA: XBRL DOCUMENT v3.10.0.1

ACQUISITIONS (Tables)

12 Months Ended

Oct. 28, 2018

PLA

Asset and Liability Fair Values at the Acquisition Date

The preliminary asset and liability fair values at the acquisition date in millions of dollars follow:

			September 2018
Trade accounts and notes receivable		$	6
Other receivables			14
Inventories			19
Property and equipment			1
Goodwill			43
Other intangible assets			21
Total assets		$	104
Short-term borrowings		$	8
Accounts payable and accrued expenses			17
Deferred income taxes			5
Total liabilities		$	30

King Agro

Asset and Liability Fair Values at the Acquisition Date

The asset and liability fair values at the acquisition date in millions of dollars follow:

			March 2018
Trade accounts and notes receivable		$	2
Other receivables			2
Inventories			5
Property and equipment			5
Goodwill			28
Other intangible assets			13
Total assets		$	55
Short-term borrowings		$	2
Accounts payable and accrued expenses			4
Deferred income taxes			4
Long-term borrowings			1
Total liabilities		$	11

Wirtgen Group Holding GmbH (Wirtgen)

Asset and Liability Fair Values at the Acquisition Date

The asset and liability fair values at the acquisition date in millions of dollars follow:

			December 2017
Receivables from unconsolidated affiliates		$	5
Trade accounts and notes receivable			449
Financing receivables			43
Financing receivables securitized			125
Other receivables			98
Inventories			1,536
Property and equipment			752
Investments in unconsolidated affiliates			19
Goodwill			2,068
Other intangible assets			1,442
Deferred income taxes			26
Other assets			215
Total assets		$	6,778
Short-term borrowings		$	285
Short-term securitization borrowings			127
Accounts payable and accrued expenses			719
Deferred income taxes			430
Long-term borrowings			50
Retirement benefits and other liabilities			30
Total liabilities		$	1,641
Noncontrolling interests		$	1

Identifiable Intangible Assets' Fair Values and Weighted-Average Useful Lives

The identifiable intangible assets’ fair values in millions of dollars and weighted-average useful lives in years follows:

		Weighted-Average Useful Lives		Fair Values
Customer lists and relationships		16		$	519
Technology, patents, trademarks, and other		19		$	923

Unaudited Pro Forma Consolidated Net Sales and Revenues and Net Income

The unaudited pro forma consolidated net sales and revenues and net income are prepared as if the acquisition closed at the beginning of fiscal year 2017 and follow in millions of dollars:

		2018			2017
Net sales and revenues		$	37,822		$	32,946
Net income attributable to Deere & Company		$	2,637		$	2,272

Blue River Technology

Asset and Liability Fair Values at the Acquisition Date

The asset and liability fair values at the acquisition date in millions of dollars follow:

			September 2017
Trade accounts and notes receivable		$	1
Property and equipment			2
Goodwill			193
Other intangible assets			125
Total assets		$	321
Accounts payable and accrued expenses		$	1
Deferred income taxes			36
Total liabilities		$	37

Hagie Manufacturing Company, LLC

Asset and Liability Fair Values at the Acquisition Date

The asset and liability fair values at the acquisition date in millions of dollars follow:

			March 2016
Trade accounts and notes receivable		$	2
Inventories			33
Property and equipment			17
Goodwill			33
Other intangible assets			22
Other assets			3
Total assets		$	110
Accounts payable and accrued expenses, and Total liabilities		$	43
Redeemable noncontrolling interest		$	14

Monosem

Asset and Liability Fair Values at the Acquisition Date

The asset and liability fair values at the acquisition date in millions of dollars follow:

			February 2016
Trade accounts and notes receivable		$	5
Other receivables			2
Inventories			29
Property and equipment			24
Goodwill			62
Other intangible assets			42
Other assets			23
Total assets		$	187
Accounts payable and accrued expenses		$	22
Deferred income taxes			19
Total liabilities		$	41

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

+ Details

Name:	us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

+ Details

Name:	us-gaap_ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472

+ Details

Name:	us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_BusinessAcquisitionAxis=de_PLaMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_BusinessAcquisitionAxis=de_KingAgroMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_BusinessAcquisitionAxis=de_WirtgenGroupHoldingGmbHMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_BusinessAcquisitionAxis=de_BlueRiverTechnologyMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_BusinessAcquisitionAxis=de_HagieManufacturingCompanyLLCMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_BusinessAcquisitionAxis=de_MonosemMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: