Deere & Company (DE) financial statements (2020 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)

1/31/2020
Q1
10/31/2019
Q4
7/31/2019
Q3
4/30/2019
Q2
1/31/2019
Q1
10/31/2018
Q4
7/31/2018
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,6023,8743,3833,4843,6263,9043,923
Cash and cash equivalents3,6023,8573,3833,4843,6263,9043,923
Short-term investments 17     
Inventory, net of allowances, customer advances and progress billings6,4825,9756,7477,1617,4026,1496,239
Inventory6,4825,9756,7477,1617,4026,1496,239
Total current assets:10,0849,84910,13010,64511,02810,05310,163
Noncurrent Assets
Finance lease, right-of-use asset37   
Operating lease, right-of-use asset376   
Property, plant and equipment5,9005,9735,7985,7575,7855,8685,639
Long-term investments and receivables217215219235212207199
Long-term investments217215219235212207199
Intangible assets, net (including goodwill)4,2944,2974,4574,5014,5554,6634,627
Goodwill2,9452,9173,0133,0253,0483,1013,047
Intangible assets, net (excluding goodwill)1,3491,3801,4441,4761,5081,5621,581
Deferred income tax assets1,4141,4661,088 
Total noncurrent assets:12,23811,95111,56210,49310,55210,73810,465
Other undisclosed assets49,49951,21151,83851,59248,33949,31748,763
TOTAL ASSETS:71,82173,01173,53072,73069,91870,10869,390
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt12      
Total current liabilities:12      
Noncurrent Liabilities
Long-term debt and lease obligation30,49830,22929,24228,25527,85527,23726,838
Long-term debt, excluding current maturities30,47530,22929,24228,25527,85527,23726,838
Finance lease, liability23   
Liabilities, other than long-term debt491495507    
Deferred income tax liabilities491495507 
Total noncurrent liabilities:30,98930,72429,74928,25527,85527,23726,838
Other undisclosed liabilities28,87630,85631,49732,53630,71631,56532,172
Total liabilities:59,87761,58061,24660,79158,57258,80359,010
Temporary equity, carrying amount14141414141414
Stockholders' equity
Stockholders' equity attributable to parent11,92611,41312,26611,92011,32811,28810,356
Common stock4,6754,6424,5994,5594,5124,4744,451
Treasury stock, value(17,549)(17,474)(17,121)(16,739)(16,422)(16,312)(15,814)
Accumulated other comprehensive loss(5,329)(5,607)(4,581)(4,610)(4,578)(4,428)(4,553)
Retained earnings30,12929,85229,36928,70927,81627,55326,272
Stockholders' equity attributable to noncontrolling interest44455310
Total stockholders' equity:11,93011,41712,27011,92411,33311,29110,366
TOTAL LIABILITIES AND EQUITY:71,82173,01173,53072,73069,91870,10869,390

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

1/31/2020
Q1
10/31/2019
Q4
7/31/2019
Q3
4/30/2019
Q2
1/31/2019
Q1
10/31/2018
Q4
7/31/2018
Q3
Revenues7,6319,89610,03611,3427,9849,41610,308
Revenue, net9,286
Cost of revenue(5,798)(7,530)(7,569)(8,436)(6,106)(6,790)(7,860)
Cost of goods and services sold      (7,153)
Gross profit:1,8332,3662,4672,9061,8772,6262,449
Operating expenses(1,264)(1,541)(1,354)(1,433)(1,200)(1,647)(1,259)
Operating income:5698251,1131,4736779791,190
Interest and debt expense(336)(388)(374)(351)(353)(323)(291)
Other undisclosed income from continuing operations before equity method investments, income taxes336388374351353323291
Income from continuing operations before equity method investments, income taxes:5698251,1131,4736779791,190
Income (loss) from equity method investments(1)1767910
Income from continuing operations before income taxes:5688261,1201,4806849881,200
Income tax expense(50)(104)(221)(344)(184)(204)(289)
Net income:5187228991,136500784911
Net income (loss) attributable to noncontrolling interest(1)(1) (1)(1)0(1)
Net income attributable to parent:5177218991,135499785910
Other undisclosed net loss available to common stockholders, basic    (0)(0)(0)
Net income available to common stockholders, diluted:5177218991,135498785910

Comprehensive Income ($ in millions)

1/31/2020
Q1
10/31/2019
Q4
7/31/2019
Q3
4/30/2019
Q2
1/31/2019
Q1
10/31/2018
Q4
7/31/2018
Q3
Net income:5187228991,136500784911
Other comprehensive income (loss)278(1,026)29(32)(142)843(381)
Comprehensive income (loss):796(304)9281,1043571,627531
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(1)(1) (1)(1)0(0)
Comprehensive income (loss), net of tax, attributable to parent:795(305)9281,1033561,627530

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: