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DEERE & COIndustrialsanswer key
| field | SEC value | XBRL concept | printed on |
|---|---|---|---|
| Total revenue | $45.7B | Revenues | Total |
| Operating income | - | not reported | not in this filing's XBRL |
| Net income attributable to the company | $5.0B | NetIncomeLoss | Net Income Attributable to Deere & Company |
| Diluted EPS | $18.50 | EarningsPerShareDiluted | Diluted |
| Cash and cash equivalents | $8.3B | CashAndCashEquivalentsAtCarryingValue | Cash and cash equivalents |
| Total assets | $106.0B | Assets | Total Assets · Total Liabilities and Stockholders’ Equity |
| Total liabilities | $80.0B | Liabilities | Total liabilities |
| Total shareholders' equity attributable to the company | $25.9B | StockholdersEquity | Total Deere & Company stockholders’ equity |
| Net cash from operating activities | $7.5B | NetCashProvidedByUsedInOperatingActivities | Net cash provided by operating activities |
| Net cash from investing activities | -$2.1B | NetCashProvidedByUsedInInvestingActivities | Net cash used for investing activities |
| Net cash from financing activities | -$4.6B | NetCashProvidedByUsedInFinancingActivities | Net cash provided by (used for) financing activities |
Income statement
table #238 · score 36 vs 20 runner-up · in millions| 2025 | 2024 | 2023 | |
| Net Sales and Revenues | |||
| Net sales | 38,917 | 44,759 | 55,565 |
| Finance and interest income | 5,748 | 5,759 | 4,683 |
| Other income | 1,019 | 1,198 | 1,003 |
| Total | 45,684 | 51,716 | 61,251 |
| Costs and Expenses | |||
| Cost of sales | 28,159 | 30,775 | 37,715 |
| Research and development expenses | 2,311 | 2,290 | 2,177 |
| Selling, administrative and general expenses | 4,663 | 4,840 | 4,595 |
| Interest expense | 3,170 | 3,348 | 2,453 |
| Other operating expenses | 1,124 | 1,257 | 1,292 |
| Total | 39,427 | 42,510 | 48,232 |
| Income of Consolidated Group before Income Taxes | 6,257 | 9,206 | 13,019 |
| Provision for income taxes | 1,259 | 2,094 | 2,871 |
| Income of Consolidated Group | 4,998 | 7,112 | 10,148 |
| Equity in income (loss) of unconsolidated affiliates | (24) | 7 | |
| Net Income | 4,998 | 7,088 | 10,155 |
| Less: Net loss attributable to noncontrolling interests | (29) | (12) | (11) |
| Net Income Attributable to Deere & Company | 5,027 | 7,100 | 10,166 |
| Per Share Data | |||
| Basic | 18.55 | 25.73 | 34.80 |
| Diluted | 18.50 | 25.62 | 34.63 |
| Dividends declared | 6.48 | 5.88 | 5.05 |
| Dividends paid | 6.33 | 5.76 | 4.83 |
| Average Shares Outstanding (in millions of shares) | |||
| Basic | 270.9 | 276.0 | 292.2 |
| Diluted | 271.7 | 277.1 | 293.6 |
Balance sheet
table #240 · score 53.5 vs 15.8 runner-up · in millions| 2025 | 2024 | |
| ASSETS | ||
| Cash and cash equivalents | 8,276 | 7,324 |
| Marketable securities | 1,411 | 1,154 |
| Trade accounts and notes receivable - net | 5,317 | 5,326 |
| Financing receivables - net | 44,575 | 44,309 |
| Financing receivables securitized - net | 6,831 | 8,723 |
| Other receivables | 2,403 | 2,545 |
| Equipment on operating leases - net | 7,600 | 7,451 |
| Inventories | 7,406 | 7,093 |
| Property and equipment - net | 8,079 | 7,580 |
| Goodwill | 4,188 | 3,959 |
| Other intangible assets - net | 892 | 999 |
| Retirement benefits | 3,273 | 2,921 |
| Deferred income taxes | 2,284 | 2,086 |
| Other assets | 3,461 | 2,906 |
| Assets held for sale | 2,944 | |
| Total Assets | 105,996 | 107,320 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| LIABILITIES | ||
| Short-term borrowings | 13,796 | 13,533 |
| Short-term securitization borrowings | 6,596 | 8,431 |
| Accounts payable and accrued expenses | 13,909 | 14,543 |
| Deferred income taxes | 434 | 478 |
| Long-term borrowings | 43,544 | 43,229 |
| Retirement benefits and other liabilities | 1,710 | 2,354 |
| Liabilities held for sale | 1,827 | |
| Total liabilities | 79,989 | 84,395 |
| Commitments and contingencies (Note 20) | ||
| Redeemable noncontrolling interest (Note 2) | 51 | 82 |
| STOCKHOLDERS’ EQUITY | ||
| Common stock, $1 par value (authorized - 1,200,000,000 shares; issued - 536,431,204 shares in 2025 and 2024), at paid-in amount | 5,668 | 5,489 |
| Common stock in treasury, 266,079,164 shares in 2025 and 264,678,912 shares in 2024, at cost | (36,362) | (35,349) |
| Retained earnings | 59,676 | 56,402 |
| Accumulated other comprehensive income (loss) | (3,032) | (3,706) |
| Total Deere & Company stockholders’ equity | 25,950 | 22,836 |
| Noncontrolling interests | 6 | 7 |
| Total stockholders’ equity | 25,956 | 22,843 |
| Total Liabilities and Stockholders’ Equity | 105,996 | 107,320 |
Cash flow statement
table #241 · score 40 vs 8.5 runner-up · in millions| 2025 | 2024 | 2023 | |
| Cash Flows from Operating Activities | |||
| Net income | 4,998 | 7,088 | 10,155 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Provision (credit) for credit losses | 296 | 310 | (16) |
| Depreciation and amortization | 2,229 | 2,118 | 2,004 |
| Impairments and other adjustments | 41 | 125 | 191 |
| Share-based compensation expense | 151 | 208 | 130 |
| Credit for deferred income taxes | (288) | (294) | (790) |
| Changes in assets and liabilities: | |||
| Receivables related to sales | 1,084 | 421 | (4,253) |
| Inventories | (275) | 788 | 279 |
| Accounts payable and accrued expenses | (251) | (1,040) | 830 |
| Accrued income taxes payable/receivable | (136) | (123) | (23) |
| Retirement benefits | (865) | (227) | (170) |
| Other | 475 | (143) | 252 |
| Net cash provided by operating activities | 7,459 | 9,231 | 8,589 |
| Cash Flows from Investing Activities | |||
| Collections of receivables (excluding receivables related to sales) | 26,480 | 25,162 | 23,051 |
| Proceeds from maturities and sales of marketable securities | 486 | 832 | 186 |
| Proceeds from sales of equipment on operating leases | 1,917 | 1,929 | 1,981 |
| Cost of receivables acquired (excluding receivables related to sales) | (26,340) | (28,816) | (28,772) |
| Acquisitions of businesses, net of cash acquired | (101) | (82) | |
| Purchases of marketable securities | (703) | (1,055) | (491) |
| Purchases of property and equipment | (1,360) | (1,640) | (1,498) |
| Cost of equipment on operating leases acquired | (2,868) | (3,162) | (2,970) |
| Collections of receivables from unconsolidated affiliates | 507 | ||
| Loans to unconsolidated affiliates | (109) | ||
| Collateral on derivatives - net | 182 | 413 | (12) |
| Other | (148) | (127) | (142) |
| Net cash used for investing activities | (2,057) | (6,464) | (8,749) |
| Cash Flows from Financing Activities | |||
| Net proceeds (payments) in short-term borrowings (original maturities three months or less) | (2,539) | (1,856) | 4,008 |
| Proceeds from borrowings issued (original maturities greater than three months) | 13,161 | 18,096 | 15,429 |
| Payments of borrowings (original maturities greater than three months) | (12,264) | (13,232) | (7,913) |
| Repurchases of common stock | (1,138) | (4,007) | (7,216) |
| Dividends paid | (1,720) | (1,605) | (1,427) |
| Other | (79) | (113) | (73) |
| Net cash provided by (used for) financing activities | (4,579) | (2,717) | 2,808 |
| Effect of Exchange Rate Changes on Cash, Cash Equivalents, and Restricted Cash | 77 | (37) | 31 |
| Net Increase in Cash, Cash Equivalents, and Restricted Cash | 900 | 13 | 2,679 |
| Cash, Cash Equivalents, and Restricted Cash at Beginning of Year | 7,633 | 7,620 | 4,941 |
| Cash, Cash Equivalents, and Restricted Cash at End of Year | 8,533 | 7,633 | 7,620 |
| Components of Cash, Cash Equivalents, and Restricted Cash | |||
| Cash and cash equivalents | 8,276 | 7,324 | 7,458 |
| Cash, cash equivalents, and restricted cash (Assets held for sale - Note 4) | 116 | ||
| Restricted cash (Other assets) | 257 | 193 | 162 |
| Total Cash, Cash Equivalents, and Restricted Cash | 8,533 | 7,633 | 7,620 |