XML 42 R45.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

DERIVATIVE INSTRUMENTS (Tables) | 3 Months Ended
--- | ---
Feb. 02, 2020
DERIVATIVE INSTRUMENTS |
Amounts Recorded in the Balance Sheet Related to Borrowings Designated in Fair Value Hedging Relationships | The amounts recorded in the consolidated balance sheet related to borrowings designated in fair value hedging relationships in millions of dollars follow:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Cumulative Increase (Decrease) of Fair |
​ | ​ | ​ | ​ | ​ | Value Hedging Adjustments Included in | ​
​ | ​ | ​ | ​ | ​ | the Carrying Amount | ​
​ | ​ | Carrying | ​ | Active | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Amount of | ​ | Hedging | ​ | Discontinued | ​ | ​ | ​ |
​ | ​ | Hedged Item | ​ | Relationships | ​ | Relationships | ​ | Total |
February 2, 2020 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Long-term borrowings due within one year* |  | $ | 220 |  | $ | (1) |  | $ | (5) |  | $ | (6) | ​
Long-term borrowings | ​ | ​ | 9,521 | ​ | ​ | 379 | ​ | ​ | (21) | ​ | ​ | 358 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
November 3, 2019 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Long-term borrowings due within one year* | ​ | $ | 412 | ​ | $ | (1) | ​ | $ | (4) | ​ | $ | (5) | ​
Long-term borrowings | ​ | ​ | 8,532 | ​ | ​ | 295 | ​ | ​ | (32) | ​ | ​ | 263 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
January 27, 2019 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Long-term borrowings due within one year* | ​ | $ | 192 | ​ | $ | 1 | ​ | $ | (4) | ​ | $ | (3) | ​
Long-term borrowings | ​ | ​ | 8,177 | ​ | ​ | (179) | ​ | ​ | (41) | ​ | ​ | (220) | ​
* Presented in short-term borrowings
Fair Value of Derivative Instruments in Consolidated Balance Sheet | Fair values of derivative instruments in the condensed consolidated balance sheet in millions of dollars follow:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | February 2 |  | November 3 |  | January 27 |
Other Assets | ​ | 2020 | ​ | 2019 | ​ | 2019 |
Designated as hedging instruments: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest rate contracts |  | $ | 409 | ​ | $ | 332 | ​ | $ | 47 | ​
Total designated | ​ | ​ | 409 | ​ |  | 332 | ​ |  | 47 | ​
| ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Not designated as hedging instruments: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest rate contracts | ​ | ​ | 34 | ​ |  | 31 | ​ |  | 29 | ​
Foreign exchange contracts | ​ | ​ | 37 | ​ |  | 20 | ​ |  | 59 | ​
Cross-currency interest rate contracts | ​ | ​ | 1 | ​ |  | 1 | ​ |  | 3 | ​
Total not designated | ​ | ​ | 72 | ​ |  | 52 | ​ |  | 91 | ​
| ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total derivative assets |  | $ | 481 | ​ | $ | 384 | ​ | $ | 138 | ​
| ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Accounts Payable and Accrued Expenses | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Designated as hedging instruments: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest rate contracts |  | $ | 17 | ​ | $ | 28 | ​ | $ | 205 | ​
Total designated | ​ | ​ | 17 | ​ | ​ | 28 | ​ | ​ | 205 | ​
| ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Not designated as hedging instruments: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest rate contracts | ​ | ​ | 40 | ​ | ​ | 37 | ​ | ​ | 27 | ​
Foreign exchange contracts | ​ | ​ | 40 | ​ |  | 71 | ​ |  | 64 | ​
Cross-currency interest rate contracts | ​ | ​ | 4 | ​ |  | 3 | ​ |  | 2 | ​
Total not designated | ​ | ​ | 84 | ​ |  | 111 | ​ |  | 93 | ​
| ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total derivative liabilities |  | $ | 101 | ​ | $ | 139 | ​ | $ | 298 | ​
Gains (Losses) Related to Derivative Instruments on Statement of Consolidated Income | The classification and gains (losses) including accrued interest expense related to derivative instruments on the statement of consolidated income consisted of the following in millions of dollars: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended |
​ | ​ | February 2 | ​ | January 27 |
​ | ​ | 2020 | ​ | 2019 |
Fair Value Hedges: |  |  |  |  | ​ | ​ |
Interest rate contracts - Interest expense |  | $ | 96 | ​ | $ | 133 | ​
| ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash Flow Hedges: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Recognized in OCI | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest rate contracts - OCI (pretax) |  | ​ | (2) | ​ |  | (9) | ​
| ​ | ​ | ​ | ​ | ​ | ​ | ​
Reclassified from OCI | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest rate contracts - Interest expense |  | ​ | (2) | ​ |  | 2 | ​
| ​ | ​ | ​ | ​ | ​ | ​ | ​
Not Designated as Hedges: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest rate contracts - Net sales | ​ | $ | (4) | ​ | $ | (10) | ​
Interest rate contracts - Interest expense * |  | ​ | 2 | ​ | ​ | (8) | ​
Foreign exchange contracts - Cost of sales |  | ​ | 11 | ​ |  | (5) | ​
Foreign exchange contracts - Other operating * |  | ​ | (1) | ​ |  | 20 | ​
Total not designated | ​ | $ | 8 | ​ | $ | (3) | ​
* Includes interest and foreign exchange gains (losses) from cross-currency interest rate contracts.
Impact on Derivative Assets and Liabilities Related to Netting Arrangements and Collateral | The impact on the derivative assets and liabilities related to netting arrangements and any collateral received or paid in millions of dollars follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Gross Amounts | ​ | Netting | ​ | Collateral | ​ | ​ | ​ |
February 2, 2020 |  | Recognized |  | Arrangements |  | Received |  | Net Amount |
Assets |  | $ | 481 |  | $ | (60) |  | $ | (26) |  | $ | 395 | ​
Liabilities | ​ | ​ | 101 | ​ | ​ | (60) | ​ | ​ | ​ | ​ | ​ | 41 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Gross Amounts | ​ | Netting | ​ | Collateral | ​ | ​ | ​ |
November 3, 2019 |  | Recognized |  | Arrangements |  | Received/Paid |  | Net Amount |
Assets | ​ | $ | 384 |  | $ | (70) |  | ​ | ​ |  | $ | 314 | ​
Liabilities | ​ | ​ | 139 | ​ |  | (70) | ​ | ​ | ​ | ​ | ​ | 69 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Gross Amounts |  | Netting |  | Collateral |  | ​ | ​ |
January 27, 2019 | ​ | Recognized | ​ | Arrangements | ​ | Paid | ​ | Net Amount |
Assets | ​ | $ | 138 | ​ | $ | (75) | ​ | ​ | ​ | ​ | $ | 63 | ​
Liabilities | ​ |  | 298 | ​ |  | (75) | ​ | $ | (8) | ​ |  | 215 | ​

X
- Definition The entire disclosure of derivative and other financial assets and liabilities that are subject to offsetting, including master netting arrangements. + References No definition available. + Details
Name: | de_OffsettingAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | de_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of gains and losses of derivative instruments and underlying borrowings in fair value hedging relationships. + References No definition available. + Details
Name: | de_ScheduleOfFairValueHedgeDerivativeInstrumentAndRelatedBorrowingsTableTextBlock
Namespace Prefix: | de_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4E -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624181-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5618551-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration