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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jul. 30, 2023
Oct. 30, 2022
Jul. 31, 2022
ASSETS      
Cash and cash equivalents $ 6,576 $ 4,774 $ 4,359
Marketable securities 841 734 719
Trade accounts and notes receivable - net 9,297 6,410 6,696
Other receivables 3,118 2,492 1,999
Equipment on operating leases - net 6,709 6,623 6,554
Inventories 9,350 8,495 9,121
Property and equipment - net 6,418 6,056 5,666
Goodwill 3,994 3,687 3,754
Other intangible assets - net 1,199 1,218 1,281
Retirement benefits 3,573 3,730 3,125
Deferred income taxes 1,360 824 1,110
Other assets 2,659 2,417 2,236
Total Assets 103,397 90,030 86,817
LIABILITIES      
Short-term borrowings 17,143 12,592 14,176
Short-term securitization borrowings 6,608 5,711 4,920
Accounts payable and accrued expenses 15,340 14,822 12,986
Deferred income taxes 506 495 561
Long-term borrowings 38,112 33,596 32,132
Retirement benefits and other liabilities 2,536 2,457 2,911
Total liabilities 80,245 69,673 67,686
Commitments and contingencies (Note 16)
Redeemable noncontrolling interest 101 92 95
STOCKHOLDERS' EQUITY      
Common stock, $1 par value (issued shares at July 30, 2023 - 536,431,204) 5,272 5,165 5,139
Common stock in treasury (28,760) (24,094) (22,976)
Retained earnings 48,947 42,247 40,346
Accumulated other comprehensive income (loss) (2,411) (3,056) (3,476)
Total Deere & Company stockholders' equity 23,048 20,262 19,033
Noncontrolling interests 3 3 3
Total stockholders' equity 23,051 20,265 19,036
Total Liabilities and Stockholders' Equity 103,397 90,030 86,817
Unrestricted      
ASSETS      
Financing receivables - net 41,302 36,634 35,056
Securitized      
ASSETS      
Financing receivables - net $ 7,001 $ 5,936 $ 5,141
Location of liability for pledged asset Short-term securitization borrowings Short-term securitization borrowings Short-term securitization borrowings
Other assets $ 153 $ 155 $ 136
Total Assets $ 7,154 $ 6,091 $ 5,277