XML 53 R39.htm IDEA: XBRL DOCUMENT v3.20.2

SECURITIZATION OF FINANCING RECEIVABLES (Tables)

9 Months Ended

Aug. 02, 2020

SECURITIZATION OF FINANCING RECEIVABLES

Unconsolidated Conduits, Carrying Amount of Liabilities Compared to Maximum Exposure to Loss

The Company’s carrying amount of the liabilities to the unconsolidated conduits, compared to the maximum exposure to loss related to these conduits, which would only be incurred in the event of a complete loss on the restricted assets, was as follows in millions of dollars:

​	​	​	​	​
​		August 2
​	​	2020		​
Carrying value of liabilities		$	1,463	​
Maximum exposure to loss	​	​	1,551	​

Components of Consolidated Restricted Assets, Secured Borrowings and Other Liabilities Related to Securitization Transactions

The components of consolidated restricted assets related to secured borrowings in securitization transactions follow in millions of dollars:

​	​	​	​	​	​	​	​	​	​	​
​		August 2			November 3			July 28
​	​	2020		​	2019		​	2019
Financing receivables securitized (retail notes)		$	5,484	​	$	4,395	​	$	5,214	​
Allowance for credit losses	​	​	(15)	​		(12)	​		(14)	​
Other assets	​	​	104	​		82	​		98	​
Total restricted securitized assets		$	5,573	​	$	4,465	​	$	5,298	​

​

The components of consolidated secured borrowings and other liabilities related to securitizations follow in millions of dollars:

​	​	​	​	​	​	​	​	​	​	​
​		August 2			November 3			July 28
​	​	2020		​	2019		​	2019
Short-term securitization borrowings		$	5,361	​	$	4,321	​	$	5,048	​
Accrued interest on borrowings	​	​	4	​		6	​		4	​
Total liabilities related to restricted securitized assets		$	5,365	​	$	4,327	​	$	5,052	​

X

- Definition

The disclosure of the entity's unconsolidated conduits and related carrying amount of liabilities compared to the maximum exposure to loss.

+ References

No definition available.

+ Details

Name:	de_ScheduleOfLiabilitiesAndMaximumLossExposureConduitsTableTextBlock
Namespace Prefix:	de_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the carrying amount and classification of assets and liabilities recognized in the transferor's statement of financial position at the end of each period presented.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 30
-Section 50
-Paragraph 1A
-Subparagraph (b)(1)
-URI http://asc.fasb.org/extlink&oid=109249958&loc=SL6224234-111729

+ Details

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

X

- References

No definition available.

+ Details

Name:	us-gaap_TransfersAndServicingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration