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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Apr. 27, 2025
Oct. 27, 2024
Apr. 28, 2024
ASSETS      
Cash and cash equivalents $ 7,991 $ 7,324 $ 5,553
Marketable securities 1,272 1,154 1,094
Trade accounts and notes receivable - net 6,748 5,326 8,880
Other receivables 2,975 2,545 2,535
Equipment on operating leases - net 7,336 7,451 6,965
Inventories 7,870 7,093 8,443
Property and equipment - net 7,555 7,580 7,034
Goodwill 4,094 3,959 3,936
Other intangible assets - net 964 999 1,064
Retirement benefits 3,133 2,921 3,056
Deferred income taxes 2,088 2,086 1,936
Other assets 3,483 2,906 2,592
Assets held for sale   2,944  
Total Assets 106,303 107,320 105,628
LIABILITIES      
Short-term borrowings 15,948 13,533 17,699
Short-term securitization borrowings 7,562 8,431 6,976
Accounts payable and accrued expenses 13,345 14,543 14,609
Deferred income taxes 496 478 491
Long-term borrowings 42,811 43,229 40,962
Retirement benefits and other liabilities 1,763 2,354 2,105
Liabilities held for sale   1,827  
Total liabilities 81,925 84,395 82,842
Commitments and contingencies (Note 16)
Redeemable noncontrolling interest 83 82 98
STOCKHOLDERS' EQUITY      
Common stock, $1 par value (issued shares at April 27, 2025 - 536,431,204) 5,565 5,489 5,391
Common stock in treasury (36,064) (35,349) (33,764)
Retained earnings 58,191 56,402 54,228
Accumulated other comprehensive income (loss) (3,405) (3,706) (3,171)
Total Deere & Company stockholders' equity 24,287 22,836 22,684
Noncontrolling interests 8 7 4
Total stockholders' equity 24,295 22,843 22,688
Total Liabilities and Stockholders' Equity 106,303 107,320 105,628
Unrestricted      
ASSETS      
Financing receivables - net 43,029 44,309 45,278
Securitized      
ASSETS      
Financing receivables - net $ 7,765 $ 8,723 $ 7,262
Location of liability for pledged asset Short-term securitization borrowings Short-term securitization borrowings Short-term securitization borrowings
Other assets $ 183 $ 187 $ 164
Total Assets $ 7,948 $ 8,910 $ 7,426