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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Apr. 30, 2023
Oct. 30, 2022
May 01, 2022
ASSETS      
Cash and cash equivalents $ 5,267 $ 4,774 $ 3,878
Marketable securities 856 734 682
Trade accounts and notes receivable - net 9,971 6,410 6,258
Other receivables 2,593 2,492 2,306
Equipment on operating leases - net 6,524 6,623 6,465
Inventories 9,713 8,495 9,030
Property and equipment - net 6,288 6,056 5,715
Goodwill 3,963 3,687 3,812
Other intangible assets - net 1,222 1,218 1,352
Retirement benefits 3,519 3,730 3,059
Deferred income taxes 1,308 824 1,104
Other assets 2,510 2,417 2,280
Total Assets 98,347 90,030 84,099
LIABILITIES      
Short-term borrowings 17,109 12,592 12,413
Short-term securitization borrowings 5,379 5,711 4,006
Accounts payable and accrued expenses 14,716 14,822 12,679
Deferred income taxes 511 495 584
Long-term borrowings 35,611 33,596 32,447
Retirement benefits and other liabilities 2,520 2,457 2,964
Total liabilities 75,846 69,673 65,093
Commitments and contingencies (Note 16)
Redeemable noncontrolling interest 102 92 99
STOCKHOLDERS' EQUITY      
Common stock, $1 par value (issued shares at April 30, 2023 - 536,431,204) 5,227 5,165 5,117
Common stock in treasury (26,630) (24,094) (21,727)
Retained earnings 46,336 42,247 38,805
Accumulated other comprehensive income (loss) (2,538) (3,056) (3,291)
Total Deere & Company stockholders' equity 22,395 20,262 18,904
Noncontrolling interests 4 3 3
Total stockholders' equity 22,399 20,265 18,907
Total Liabilities and Stockholders' Equity 98,347 90,030 84,099
Unrestricted      
ASSETS      
Financing receivables - net 38,954 36,634 34,085
Securitized      
ASSETS      
Financing receivables - net $ 5,659 $ 5,936 $ 4,073
Location of liability for pledged asset Short-term securitization borrowings Short-term securitization borrowings Short-term securitization borrowings
Other assets $ 115 $ 155 $ 124
Total Assets $ 5,774 $ 6,091 $ 4,197