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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 27, 2024
Oct. 29, 2023
ASSETS    
Cash and cash equivalents $ 7,324 $ 7,458
Marketable securities 1,154 946
Trade accounts and notes receivable - net 5,326 7,739
Other receivables 2,545 2,623
Equipment on operating leases - net 7,451 6,917
Inventories 7,093 8,160
Property and equipment - net 7,580 6,879
Goodwill 3,959 3,900
Other intangible assets - net 999 1,133
Retirement benefits 2,921 3,007
Deferred income taxes 2,086 1,814
Other assets 2,906 2,503
Assets held for sale 2,944  
Total Assets 107,320 104,087
LIABILITIES    
Short-term borrowings 13,533 17,939
Short-term securitization borrowings 8,431 6,995
Accounts payable and accrued expenses 14,543 16,130
Deferred income taxes 478 520
Long-term borrowings 43,229 38,477
Retirement benefits and other liabilities 2,354 2,140
Liabilities held for sale 1,827  
Total liabilities 84,395 82,201
Commitments and contingencies (Note 20)
Redeemable noncontrolling interest (Note 3) 82 97
STOCKHOLDERS' EQUITY    
Common stock, $1 par value (authorized - 1,200,000,000 shares; issued - 536,431,204 shares in 2024 and 2023), at paid-in amount 5,489 5,303
Common stock in treasury, 264,678,912 shares in 2024 and 254,846,927 shares in 2023, at cost (35,349) (31,335)
Retained earnings 56,402 50,931
Accumulated other comprehensive income (loss) (3,706) (3,114)
Total Deere & Company stockholders' equity 22,836 21,785
Noncontrolling interests 7 4
Total stockholders' equity 22,843 21,789
Total Liabilities and Stockholders' Equity 107,320 104,087
Unrestricted    
ASSETS    
Financing receivables - net 44,309 43,673
Securitized    
ASSETS    
Financing receivables - net $ 8,723 $ 7,335
Location of liability for pledged asset Short-term securitization borrowings Short-term securitization borrowings
Other assets $ 187 $ 152
Total Assets $ 8,910 $ 7,487