Deere & Company (DE) financial statements (2022 and earlier)

Company profile

Business Address ONE JOHN DEERE PLACE
MOLINE, IL 61265-8098
State of Incorp. DE
Fiscal Year End October 31
SIC 3523 - Farm Machinery and Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

1/31/2022
TTM
10/31/2021
10/31/2020
10/31/2019
10/31/2018
10/31/2017
10/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,4728,0177,0663,8743,9049,3354,336
Cash and cash equivalents4,4728,0177,0663,8573,9049,3354,336
Short-term investments   17   
Inventory, net of allowances, customer advances and progress billings7,9356,7814,9995,9756,1493,9043,341
Inventory7,9356,7814,9995,9756,1493,9043,341
Total current assets:12,40714,79812,0659,84910,05313,2397,676
Noncurrent Assets
Finance lease, right-of-use asset657163 
Operating lease, right-of-use asset276291324 
Property, plant and equipment 1,3261,3395,9735,8685,0685,171
Long-term investments and receivables176175193215207183233
Long-term investments176175193215207183233
Intangible assets, net (including goodwill)4,4014,5664,4084,2974,6631,251920
Goodwill3,1923,2913,0812,9173,1011,033816
Intangible assets, net (excluding goodwill)1,2091,2751,3271,3801,562218104
Deferred income tax assets9231,0371,4991,466
Defined benefit plan, assets for plan benefits94
Total noncurrent assets:5,8417,4667,82611,95110,7386,5026,417
Other undisclosed assets61,36661,85055,20051,21149,31746,04643,889
TOTAL ASSETS:79,61484,11475,09173,01170,10865,78657,981
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt10,99010,91921    
Total current liabilities:10,99010,91921    
Noncurrent Liabilities
Long-term debt and lease obligation32,87032,92632,77330,22927,23725,891 
Long-term debt, excluding current maturities32,83832,88832,73430,22927,23725,891 
Finance lease, liability323839 
Liabilities, other than long-term debt556576519495   
Deferred income tax liabilities556576519495
Total noncurrent liabilities:33,42633,50233,29230,72427,23725,891 
Other undisclosed liabilities17,39021,25928,83430,85631,56530,32151,437
Total liabilities:61,80665,68062,14761,58058,80356,21251,437
Temporary equity, carrying amount   14141414
Stockholders' equity
Stockholders' equity attributable to parent17,80418,43112,93711,41311,2889,5576,520
Common stock5,0665,0544,8954,6424,4744,2813,912
Treasury stock, value(21,139)(20,533)(18,065)(17,474)(16,312)(15,461)(15,677)
Accumulated other comprehensive loss(3,152)(2,539)(5,539)(5,607)(4,428)(4,564)(5,626)
Retained earnings37,02936,44931,64629,85227,55325,30123,911
Stockholders' equity attributable to noncontrolling interest43743311
Total stockholders' equity:17,80818,43412,94411,41711,2919,5616,531
TOTAL LIABILITIES AND EQUITY:79,61484,11475,09173,01170,10865,78657,981

Income statement (P&L) ($ in millions)

1/31/2022
TTM
10/31/2021
10/31/2020
10/31/2019
10/31/2018
10/31/2017
10/31/2016
Revenues44,48144,02435,54039,25837,35829,73826,644
Revenue, net25,88523,387
Cost of revenue(32,102)(31,260)(26,196)(29,645)(27,983)(22,102)(21,399)
Cost of goods and services sold    (928)(19,934)(18,411)
Gross profit:12,37912,7649,3449,6139,3757,6355,245
Operating expenses(5,153)(5,162)(5,461)(5,525)(5,304)(4,482)(3,021)
Operating income:7,2267,6023,8834,0884,0713,1542,224
Interest and debt expense(951)(993)(1,247)(1,466)(1,204)(900)(764)
Other undisclosed income from continuing operations before equity method investments, income taxes9519931,2471,4661,204900764
Income from continuing operations before equity method investments, income taxes:7,2267,6023,8834,0884,0713,1542,224
Income (loss) from equity method investments1921(48)2127(24)(2)
Income from continuing operations before income taxes:7,2457,6233,8354,1094,0983,1302,222
Income tax expense(1,601)(1,658)(1,082)(852)(1,727)(971)(700)
Net income:5,6445,9652,7533,2572,3712,1591,522
Net income (loss) attributable to noncontrolling interest(1)(2)(2)(4)(2)(0)2
Net income attributable to parent:5,6435,9632,7513,2532,3682,1591,524
Other undisclosed net loss available to common stockholders, basic    (0)(1)(1)
Net income available to common stockholders, diluted:5,6435,9632,7513,2532,3682,1591,523

Comprehensive Income ($ in millions)

1/31/2022
TTM
10/31/2021
10/31/2020
10/31/2019
10/31/2018
10/31/2017
10/31/2016
Net income:5,6445,9652,7533,2572,3712,1591,522
Other comprehensive income (loss)1,9263,00068(1,172)8531,063(897)
Comprehensive income:7,5708,9652,8212,0853,2233,222625
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(1)(2)(2)(4)(2)(0)2
Comprehensive income, net of tax, attributable to parent:7,5698,9632,8192,0813,2213,221627

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: