XML 70 R50.htm IDEA: XBRL DOCUMENT
v3.22.2.2

OTHER ASSETS (Tables) | 12 Months Ended
--- | ---
Oct. 30, 2022
OTHER ASSETS |
Schedule of Other Assets | Other assets at October 30, 2022 and October 31, 2021 consisted of the following in millions of dollars: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2022 |  | 2021 | ​
Operating lease asset (Note 24) | ​ | $ | 299 | ​ | $ | 291 | ​
Capitalized software, net |  | ​ | 372 |  | ​ | 282 | ​
Investment in unconsolidated affiliates | ​ | ​ | 117 |  | ​ | 175 | ​
Deferred charges (including prepaids) | ​ | ​ | 383 | ​ | ​ | 281 | ​
Derivative assets (Note 26) | ​ | ​ | 373 | ​ | ​ | 275 | ​
Prepaid taxes | ​ | ​ | 185 | ​ | ​ | 193 | ​
Parts return asset | ​ | ​ | 119 | ​ | ​ | 114 | ​
Restricted cash | ​ | ​ | 167 | ​ | ​ | 108 | ​
Matured lease & repossessed inventory | ​ | ​ | 44 | ​ | ​ | 55 | ​
Other | ​ | ​ | 358 | ​ | ​ | 371 | ​
Total | ​ | $ | 2,417 | ​ | $ | 2,145 | ​
​
Unconsolidated Affiliated Companies | Combined financial information of the unconsolidated affiliated companies in millions of dollars follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operations |  | 2022 |  | 2021 |  | 2020 |
Sales | ​ | $ | 1,023 | ​ | $ | 2,095 | ​ | $ | 1,793 | ​
Net income | ​ |  | 11 | ​ |  | 51 | ​ |  | 7 | ​
Deere & Company’s equity in net income (loss) | ​ |  | 10 | ​ | ​ | 21 | ​ | ​ | (48) | ​
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Financial Position |  | 2022 |  | 2021 |
Total assets | ​ | $ | 696 | ​ | $ | 1,289 | ​
Total external borrowings | ​ |  | 470 | ​ |  | 497 | ​
Total net assets | ​ |  | 166 | ​ |  | 366 | ​
Deere & Company’s share of the net assets | ​ |  | 117 | ​ |  | 175 | ​
​
Transactions with Unconsolidated Affiliated Companies | Transactions with unconsolidated affiliated companies reported in the statements of consolidated income in millions of dollars follow: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2022 |  | 2021 |  | 2020 | ​
Net sales | ​ | $ | 26 | ​ | $ | 78 | ​ | $ | 81 | ​
Purchases | ​ | ​ | 761 | ​ | ​ | 1,605 | ​ | ​ | 1,288 | ​

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

X
- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying amounts of other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
Name: | us-gaap_ScheduleOfOtherAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
Name: | us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration