XML 20 R4.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jan. 28, 2024
Oct. 29, 2023
Jan. 29, 2023
ASSETS      
Cash and cash equivalents $ 5,137 $ 7,458 $ 3,976
Marketable securities 1,136 946 852
Trade accounts and notes receivable - net 7,795 7,739 7,609
Other receivables 2,017 2,623 1,992
Equipment on operating leases - net 6,751 6,917 6,502
Inventories 8,937 8,160 10,056
Property and equipment - net 6,914 6,879 6,212
Goodwill 3,966 3,900 3,891
Other intangible assets - net 1,112 1,133 1,255
Retirement benefits 3,087 3,007 3,793
Deferred income taxes 1,833 1,814 914
Other assets 2,578 2,503 2,597
Total Assets 101,371 104,087 91,620
LIABILITIES      
Short-term borrowings 17,117 17,939 14,129
Short-term securitization borrowings 6,116 6,995 4,864
Accounts payable and accrued expenses 13,361 16,130 13,108
Deferred income taxes 550 520 519
Long-term borrowings 39,933 38,477 35,071
Retirement benefits and other liabilities 2,115 2,140 2,493
Total liabilities 79,192 82,201 70,184
Commitments and contingencies (Note 16)
Redeemable noncontrolling interest 100 97 100
STOCKHOLDERS' EQUITY      
Common stock, $1 par value (issued shares at January 28, 2024 - 536,431,204) 5,335 5,303 5,191
Common stock in treasury (32,663) (31,335) (25,333)
Retained earnings 52,266 50,931 43,846
Accumulated other comprehensive income (loss) (2,863) (3,114) (2,372)
Total Deere & Company stockholders' equity 22,075 21,785 21,332
Noncontrolling interests 4 4 4
Total stockholders' equity 22,079 21,789 21,336
Total Liabilities and Stockholders' Equity 101,371 104,087 91,620
Unrestricted      
ASSETS      
Financing receivables - net 43,708 43,673 36,882
Securitized      
ASSETS      
Financing receivables - net $ 6,400 $ 7,335 $ 5,089
Location of liability for pledged asset Short-term securitization borrowings Short-term securitization borrowings Short-term securitization borrowings
Other assets $ 140 $ 152 $ 97
Total Assets $ 6,540 $ 7,487 $ 5,186