XML 64 R47.htm IDEA: XBRL DOCUMENT
v3.25.0.1

DERIVATIVE INSTRUMENTS (Tables) | 3 Months Ended
--- | ---
Jan. 26, 2025
DERIVATIVE INSTRUMENTS |
Fair Values of Derivative Instruments in Consolidated Balance Sheets | Fair values of our derivative instruments and the associated notional amounts were as follows. Assets are recorded in “Other assets,” while liabilities are recorded in “Accounts payable and accrued expenses.”
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | January 26, 2025 | ​ | October 27, 2024 | ​ | January 28, 2024 |
​ | ​ | ​ | ​ | Fair Value | ​ | ​ | ​ | Fair Value | ​ | ​ | ​ | Fair Value |
​ | ​ | Notional | ​ | Assets | ​ | Liabilities | ​ | Notional | ​ | Assets | ​ | Liabilities | ​ | Notional | ​ | Assets | ​ | Liabilities |
Cash flow hedges: |  |  |  |  | ​ | ​ |  | ​ | ​ |  |  |  |  | ​ | ​ |  | ​ | ​ |  |  |  |  | ​ | ​ |  | ​ | ​ |
Interest rate contracts |  | $ | 3,275 | ​ | $ | 1 | ​ | $ | 31 |  | $ | 2,875 | ​ | $ | 3 | ​ | $ | 20 |  | $ | 2,200 | ​ | $ | 27 | ​ | $ | 4 | ​
| ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Fair value hedges: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest rate contracts | ​ | ​ | 15,256 | ​ | ​ | 32 | ​ | ​ | 602 | ​ | ​ | 15,864 | ​ | ​ | 115 | ​ | ​ | 467 | ​ | ​ | 12,633 | ​ | ​ | 58 | ​ | ​ | 592 | ​
Cross-currency interest rate contracts | ​ | ​ | 975 | ​ | ​ | ​ | ​ | ​ | 2 | ​ | ​ | 975 | ​ | ​ | 31 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
| ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Not designated as hedging instruments: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest rate contracts | ​ | ​ | 13,082 | ​ | ​ | 88 | ​ | ​ | 72 | ​ | ​ | 12,518 | ​ | ​ | 97 | ​ | ​ | 75 | ​ | ​ | 14,200 | ​ | ​ | 129 | ​ | ​ | 82 | ​
Foreign exchange contracts | ​ | ​ | 7,408 | ​ | ​ | 81 | ​ | ​ | 43 | ​ | ​ | 7,533 | ​ | ​ | 95 | ​ | ​ | 20 | ​ | ​ | 7,856 | ​ | ​ | 39 | ​ | ​ | 53 | ​
Cross-currency interest rate contracts | ​ | ​ | 164 | ​ | ​ | 14 | ​ | ​ | ​ | ​ | ​ | 158 | ​ | ​ | 16 | ​ | ​ | ​ | ​ | ​ | 189 | ​ | ​ | ​ | ​ | ​ | 13 | ​
Amounts Recorded in the Consolidated Balance Sheets Related to Borrowings Designated in Fair Value Hedging Relationships | The amounts recorded in the consolidated balance sheets related to borrowings designated in fair value hedging relationships were as follows. Fair value hedging adjustments are included in the carrying amount of the hedged item.
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Active Hedging Relationships | ​ | Discontinued Hedging Relationships | ​
​ | ​ | Carrying Amount | ​ | Cumulative Fair Value | ​ | Carrying Amount of | ​ | Cumulative Fair Value | ​
​ | ​ | of Hedged Item | ​ | Hedging Amount | ​ | Formerly Hedged Item | ​ | Hedging Amount | ​
January 26, 2025 |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |
Short-term borrowings | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 2,110 | ​ | $ | (14) | ​
Long-term borrowings | ​ | $ | 15,515 | ​ | $ | (617) | ​ | ​ | 8,923 | ​ | ​ | (179) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
October 27, 2024 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Short-term borrowings | ​ | $ | 287 | ​ | $ | (1) | ​ | $ | 1,782 | ​ | $ | 7 | ​
Long-term borrowings | ​ | ​ | 16,125 | ​ | ​ | (347) | ​ | ​ | 8,626 | ​ | ​ | (228) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
January 28, 2024 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Short-term borrowings | ​ | $ | 288 | ​ | $ | (9) | ​ | $ | 1,960 | ​ | $ | 10 | ​
Long-term borrowings | ​ | ​ | 11,745 | ​ | ​ | (537) | ​ | ​ | 7,711 | ​ | ​ | (270) | ​
Gains (Losses) Related to Derivative Instruments on Statements of Consolidated Income | The classification and gains (losses) including accrued interest expense related to derivative instruments on the statements of consolidated income consisted of the following:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended |
​ | ​ | January 26 | ​ | January 28 |
​ | ​ | 2025 | ​ | 2024 |
Fair value hedges: |  |  |  |  | ​ | ​ |
Interest rate contracts – Interest expense |  | $ | (343) | ​ | $ | 344 | ​
| ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash flow hedges: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Recognized in OCI: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest rate contracts – OCI (pretax) |  | $ | 7 | ​ | $ | (8) | ​
Reclassified from OCI: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest rate contracts – Interest expense |  | ​ | 8 | ​ |  | 11 | ​
| ​ | ​ | ​ | ​ | ​ | ​ | ​
Not designated as hedges: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest rate contracts – Interest expense |  | $ | (4) | ​ | $ | (9) | ​
Foreign exchange contracts – Net sales | ​ | ​ | (7) | ​ | ​ | 5 | ​
Foreign exchange contracts – Cost of sales |  | ​ | 35 | ​ |  | (30) | ​
Foreign exchange contracts – Other operating expenses |  | ​ | 208 | ​ |  | (181) | ​
Total not designated | ​ | $ | 232 | ​ | $ | (215) | ​
Impact on Derivative Assets and Liabilities Related to Netting Arrangements and Collateral | Derivatives are recorded without offsetting for netting arrangements or collateral. The impact on the derivative assets and liabilities related to netting arrangements and collateral follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Gross Amounts | ​ | Netting | ​ | ​ | ​ | ​ | ​ |
​ |  | Recognized |  | Arrangements |  | Collateral |  | Net Amount |
January 26, 2025 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Assets |  | $ | 216 |  | $ | (62) |  | ​ | ​ |  | $ | 154 | ​
Liabilities | ​ | ​ | 750 | ​ | ​ | (62) | ​ | $ | (437) | ​ | ​ | 251 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
October 27, 2024 |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ |
Assets | ​ | $ | 357 |  | $ | (142) |  | ​ | ​ |  | $ | 215 | ​
Liabilities | ​ | ​ | 582 | ​ |  | (142) | ​ | $ | (246) | ​ | ​ | 194 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
January 28, 2024 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |
Assets | ​ | $ | 253 |  | $ | (112) |  | $ | (19) | ​ | $ | 122 | ​
Liabilities | ​ |  | 744 | ​ | ​ | (112) | ​ | ​ | (368) | ​ |  | 264 | ​

X
- Definition The entire disclosure of derivative and other financial assets and liabilities that are subject to offsetting, including master netting arrangements. + References No definition available. + Details
Name: | de_OffsettingAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | de_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of gains and losses of derivative instruments and underlying borrowings in fair value hedging relationships. + References No definition available. + Details
Name: | de_ScheduleOfFairValueHedgeDerivativeInstrumentAndRelatedBorrowingsTableTextBlock
Namespace Prefix: | de_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration