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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jan. 26, 2025
Oct. 27, 2024
Jan. 28, 2024
ASSETS      
Cash and cash equivalents $ 6,601 $ 7,324 $ 5,137
Marketable securities 1,214 1,154 1,136
Trade accounts and notes receivable - net 4,931 5,326 7,795
Other receivables 2,979 2,545 2,017
Equipment on operating leases - net 7,157 7,451 6,751
Inventories 7,744 7,093 8,937
Property and equipment - net 7,425 7,580 6,914
Goodwill 3,872 3,959 3,966
Other intangible assets - net 937 999 1,112
Retirement benefits 3,018 2,921 3,087
Deferred income taxes 1,852 2,086 1,833
Other assets 2,807 2,906 2,578
Assets held for sale 2,929 2,944  
Total Assets 103,119 107,320 101,371
LIABILITIES      
Short-term borrowings 12,811 13,533 17,117
Short-term securitization borrowings 8,014 8,431 6,116
Accounts payable and accrued expenses 12,162 14,543 13,361
Deferred income taxes 448 478 550
Long-term borrowings 43,556 43,229 39,933
Retirement benefits and other liabilities 1,734 2,354 2,115
Liabilities held for sale 1,830 1,827  
Total liabilities 80,555 84,395 79,192
Commitments and contingencies (Note 16)
Redeemable noncontrolling interest 78 82 100
STOCKHOLDERS' EQUITY      
Common stock, $1 par value (issued shares at January 26, 2025 - 536,431,204) 5,526 5,489 5,335
Common stock in treasury (35,709) (35,349) (32,663)
Retained earnings 56,829 56,402 52,266
Accumulated other comprehensive income (loss) (4,167) (3,706) (2,863)
Total Deere & Company stockholders' equity 22,479 22,836 22,075
Noncontrolling interests 7 7 4
Total stockholders' equity 22,486 22,843 22,079
Total Liabilities and Stockholders' Equity 103,119 107,320 101,371
Unrestricted      
ASSETS      
Financing receivables - net 41,396 44,309 43,708
Securitized      
ASSETS      
Financing receivables - net $ 8,257 $ 8,723 $ 6,400
Location of liability for pledged asset Short-term securitization borrowings Short-term securitization borrowings Short-term securitization borrowings
Other assets $ 182 $ 187 $ 140
Total Assets $ 8,439 $ 8,910 $ 6,540