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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jul. 28, 2024
Oct. 29, 2023
Jul. 30, 2023
ASSETS      
Cash and cash equivalents $ 7,004 $ 7,458 $ 6,576
Marketable securities 1,140 946 841
Trade accounts and notes receivable - net 7,469 7,739 9,297
Other receivables 2,270 2,623 3,118
Equipment on operating leases - net 7,118 6,917 6,709
Inventories 7,696 8,160 9,350
Property and equipment - net 7,092 6,879 6,418
Goodwill 3,960 3,900 3,994
Other intangible assets - net 1,030 1,133 1,199
Retirement benefits 3,126 3,007 3,573
Deferred income taxes 1,898 1,814 1,360
Other assets 2,903 2,503 2,659
Assets held for sale 2,965    
Total Assets 107,841 104,087 103,397
LIABILITIES      
Short-term borrowings 15,294 17,939 17,143
Short-term securitization borrowings 7,869 6,995 6,608
Accounts payable and accrued expenses 14,397 16,130 15,340
Deferred income taxes 481 520 506
Long-term borrowings 42,692 38,477 38,112
Retirement benefits and other liabilities 2,156 2,140 2,536
Liabilities held for sale 1,803    
Total liabilities 84,692 82,201 80,245
Commitments and contingencies (Note 16)
Redeemable noncontrolling interest 84 97 101
STOCKHOLDERS' EQUITY      
Common stock, $1 par value (issued shares at July 28, 2024 - 536,431,204) 5,441 5,303 5,272
Common stock in treasury (34,570) (31,335) (28,760)
Retained earnings 55,559 50,931 48,947
Accumulated other comprehensive income (loss) (3,368) (3,114) (2,411)
Total Deere & Company stockholders' equity 23,062 21,785 23,048
Noncontrolling interests 3 4 3
Total stockholders' equity 23,065 21,789 23,051
Total Liabilities and Stockholders' Equity 107,841 104,087 103,397
Unrestricted      
ASSETS      
Financing receivables - net 43,896 43,673 41,302
Securitized      
ASSETS      
Financing receivables - net $ 8,274 $ 7,335 $ 7,001
Location of liability for pledged asset Short-term securitization borrowings Short-term securitization borrowings Short-term securitization borrowings
Other assets $ 178 $ 152 $ 153
Total Assets $ 8,452 $ 7,487 $ 7,154