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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jul. 31, 2022
Oct. 31, 2021
Aug. 01, 2021
Assets      
Cash and cash equivalents $ 4,359 $ 8,017 $ 7,519
Marketable securities 719 728 688
Trade accounts and notes receivable - net 6,696 4,208 5,268
Other receivables 1,999 1,765 1,702
Equipment on operating leases - net 6,554 6,988 6,982
Inventories 9,121 6,781 6,410
Property and equipment - net 5,666 5,820 5,649
Goodwill 3,754 3,291 3,148
Other intangible assets - net 1,281 1,275 1,267
Retirement benefits 3,125 3,601 990
Deferred income taxes 1,110 1,037 1,767
Other assets 2,236 2,145 2,448
Total Assets 86,817 84,114 80,688
Liabilities      
Short-term borrowings 14,176 10,919 10,404
Short-term securitization borrowings 4,920 4,605 5,277
Accounts payable and accrued expenses 12,986 12,348 11,207
Deferred income taxes 561 576 515
Long-term borrowings 32,132 32,888 32,280
Retirement benefits and other liabilities 2,911 4,344 5,272
Total liabilities 67,686 65,680 64,955
Commitments and contingencies (Note 15)
Redeemable noncontrolling interest (Note 19) 95    
Stockholders' Equity      
Common stock, $1 par value (issued shares at July 31, 2022 - 536,431,204) 5,139 5,054 5,031
Common stock in treasury (22,976) (20,533) (19,780)
Retained earnings 40,346 36,449 35,491
Accumulated other comprehensive income (loss) (3,476) (2,539) (5,011)
Total Deere & Company stockholders' equity 19,033 18,431 15,731
Noncontrolling interests 3 3 2
Total stockholders' equity 19,036 18,434 15,733
Total Liabilities and Stockholders' Equity 86,817 84,114 80,688
Unrestricted      
Assets      
Financing receivables - net 35,056 33,799 31,449
Securitized      
Assets      
Financing receivables - net $ 5,141 $ 4,659 $ 5,401
Location of liability for pledged asset Short-term securitization borrowings Short-term securitization borrowings Short-term securitization borrowings
Other assets $ 136 $ 107 $ 113
Total Assets $ 5,277 $ 4,766 $ 5,514