XML 53 R42.htm IDEA: XBRL DOCUMENT
v3.10.0.1

ACQUISITIONS (Tables) | 9 Months Ended
--- | ---
Jul. 29, 2018
Wirtgen Group Holding GmbH (Wirtgen) |
Preliminary Fair Values Assigned to the Assets and Liabilities Related to the Acquired Entity | The preliminary fair values assigned to the assets and liabilities of the acquired entity in millions of dollars, which is based on information as of the acquisition date and available at July 29, 2018 follows:
Trade accounts and notes receivable |  | $ | 457 |
Financing receivables |  |  | 43 |
Financing receivables securitized |  |  | 125 |
Other receivables |  |  | 100 |
Inventories |  |  | 1,538 |
Property and equipment |  |  | 750 |
Goodwill |  |  | 2,067 |
Other intangible assets |  |  | 1,458 |
Deferred income taxes |  |  | 96 |
Other assets |  |  | 221 |
Total assets |  | $ | 6,855 |
Short-term borrowings |  | $ | 285 |
Short-term securitization borrowings |  |  | 127 |
Accounts payable and accrued expenses |  |  | 726 |
Deferred income taxes |  |  | 501 |
Long-term borrowings |  |  | 50 |
Retirement benefits and other liabilities |  |  | 28 |
Total liabilities |  | $ | 1,717 |
Noncontrolling interests |  | $ | 8 |
Preliminary Fair Values and Weighted-Average Useful Lives of Identifiable Intangible Assets | The identifiable intangible assets’ preliminary fair values in millions of dollars and weighted-average useful lives in years follows:
|  | Weighted-Average Useful Lives |  | Preliminary Fair Values |
Customer lists and relationships |  | 16 |  | $ | 534 |
Technology, patents, trademarks, and other |  | 19 |  | $ | 924 |
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:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | July 29 |  | July 30 |  |  | July 29 |  | July 30 |
|  | 2018 |  | 2017 |  |  | 2018 |  | 2017 |
Net sales and revenues |  | $ | 10,308 |  | $ | 8,810 |  |  | $ | 28,406 |  | $ | 24,062 |
Net income attributable to Deere & Company |  | $ | 986 |  | $ | 731 |  |  | $ | 1,862 |  | $ | 1,673 |
King Agro |
Preliminary Fair Values Assigned to the Assets and Liabilities Related to the Acquired Entity | The preliminary asset and liability fair values are as follows:
Trade accounts and notes receivable |  | $ | 2 |
Other receivables |  |  | 2 |
Inventories |  |  | 5 |
Property and equipment |  |  | 6 |
Goodwill |  |  | 28 |
Other intangible assets |  |  | 13 |
Total assets |  | $ | 56 |
Short-term borrowings |  | $ | 2 |
Accounts payable and accrued expenses |  |  | 4 |
Deferred income taxes |  |  | 4 |
Long-term borrowings |  |  | 1 |
Total liabilities |  | $ | 11 |

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/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(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://www.xbrl.org/2003/role/presentationRef -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://www.xbrl.org/2003/role/presentationRef -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_WirtgenGroupHoldingGmbHMember
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: |