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Balance Sheets Overview

Debt to Asset Ratio
74.34%
Unit: Million (M) dollars
Assets Breakdown
    • Financing receivables - net-Asse...
    • Property and equipment - net
    • Cash and cash equivalents
    • Others
Liabilities Breakdown
    • Retained earnings
    • Common stock in treasury
    • Short-term securitization borrow...
    • Others

Balance Sheets
2026-05-03
2026-02-01
2025-11-02
2025-07-27
Cash and cash equivalents
7,905 6,798 8,276 8,580
Marketable securities
1,430 1,398 1,411 1,407
Trade accounts and notes receivable - net
7,571 5,993 5,317 6,103
Financing receivables - net-Asset Not Pledged As Collateral
42,916 42,113 44,575 43,930
Financing receivables - net-Asset Pledged As Collateral With Right
6,100 6,479 6,831 7,948
Other receivables
2,582 2,411 2,403 2,826
Equipment on operating leases - net
7,514 7,512 7,600 7,512
Inventories
8,188 8,286 7,406 7,713
Property and equipment - net
8,035 8,084 8,079 7,713
Goodwill
4,513 4,280 4,188 4,209
Other intangible assets - net
975 880 892 926
Retirement benefits
3,450 3,378 3,273 3,182
Deferred income taxes
2,361 2,268 2,284 2,209
Operating lease asset (note 24)
NaN NaN 317 NaN
Capitalized software, net
NaN NaN 470 NaN
Investments in unconsolidated affiliates
NaN NaN 510 NaN
Deferred charges (including prepaids)
NaN NaN 417 NaN
Derivative assets (note 26)
NaN NaN 393 NaN
Prepaid taxes
NaN NaN 259 NaN
Parts return asset
NaN NaN 156 NaN
Restricted cash
NaN NaN 257 NaN
Matured lease & repossessed inventory
NaN NaN 102 NaN
Other
NaN NaN 580 NaN
Other assets
3,461 3,556 3,461 3,559
Total assets
107,001 103,436 105,996 107,817
Short-term borrowings
15,632 14,392 13,796 14,607
Short-term securitization borrowings
5,929 6,283 6,596 7,610
Trade payables-Nonrelated Party
3,304 2,987 2,985 2,718
Dividends payable
442 441 443 443
Operating lease liabilities
340 320 314 285
Deposits withheld from dealers and merchants
137 138 143 137
Trade payables-Related Party
29 17 10 5
Accounts Payable Other
212 230 191 215
Employee benefits
799 530 1,577 1,356
Product warranties
1,336 1,311 1,259 1,273
Accrued taxes
1,090 1,001 1,155 1,331
Extended warranty premium
1,210 1,199 1,202 1,226
Dealer sales incentives
541 318 828 659
Unearned revenue (contractual liability)
945 922 837 874
Unearned operating lease revenue
553 519 534 517
Accrued interest
558 500 524 474
Derivative liabilities
538 593 389 517
Parts return liability
436 449 445 423
Other Accrued Liabilities
1,183 1,058 1,073 1,129
Accounts payable and accrued expenses
13,653 12,533 13,909 13,582
Deferred income taxes
422 434 434 489
Long-term borrowings
42,261 41,804 43,544 44,429
Deferred compensation - current
NaN NaN 23 NaN
Deferred compensation and other - noncurrent
NaN NaN 235 NaN
Current liability
NaN NaN 97 NaN
Noncurrent liability
NaN NaN 1,355 NaN
Retirement benefits and other liabilities
1,644 1,633 1,710 1,836
Total liabilities
79,541 77,079 79,989 82,553
Redeemable noncontrolling interest
47 50 51 84
Common stock, 1 par value (issued shares at may 3, 2026 - 536,431,204)
5,777 5,715 5,668 5,620
Common stock in treasury
36,831 36,645 36,362 36,361
Retained earnings
61,228 59,895 59,676 59,023
Accumulated other comprehensive income (loss)
-2,768 -2,665 -3,032 -3,107
Total deere & company stockholders' equity
27,406 26,300 25,950 25,175
Noncontrolling interests
7 7 6 5
Total stockholders' equity
27,413 26,307 25,956 25,180
Total liabilities and stockholders' equity
107,001 103,436 105,996 107,817
Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Financing receivables -net-Asset Not Pledged As...$42,916M (-0.26%↓ Y/Y)Inventories$8,188M (4.04%↑ Y/Y)Property and equipment -net$8,035M (6.35%↑ Y/Y)Cash and cashequivalents$7,905M (-1.08%↓ Y/Y)Trade accounts andnotes receivable - net$7,571M (12.20%↑ Y/Y)Equipment on operatingleases - net$7,514M (2.43%↑ Y/Y)Financing receivables -net-Asset Pledged As...$6,100M (-21.44%↓ Y/Y)Goodwill$4,513M (10.23%↑ Y/Y)Other assets$3,461M (-0.63%↓ Y/Y)Retirement benefits$3,450M (10.12%↑ Y/Y)Other receivables$2,582M (-13.21%↓ Y/Y)Deferred income taxes$2,361M (13.07%↑ Y/Y)Marketable securities$1,430M (12.42%↑ Y/Y)Other intangibleassets - net$975M (1.14%↑ Y/Y)Total assets$107,001M (0.66%↑ Y/Y)Total liabilities andstockholders' equity$107,001M (0.66%↑ Y/Y)Total liabilities$79,541M (-2.91%↓ Y/Y)Total stockholders'equity$27,413M (12.83%↑ Y/Y)Redeemable noncontrollinginterest$47M (-43.37%↓ Y/Y)Long-term borrowings$42,261M (-1.28%↓ Y/Y)Short-term borrowings$15,632M (-1.98%↓ Y/Y)Accounts payable andaccrued expenses$13,653M (2.31%↑ Y/Y)Short-term securitizationborrowings$5,929M (-21.59%↓ Y/Y)Retirement benefits andother liabilities$1,644M (-6.75%↓ Y/Y)Deferred income taxes$422M (-14.92%↓ Y/Y)Total deere & companystockholders' equity$27,406M (12.84%↑ Y/Y)Noncontrolling interests$7M (-12.50%↓ Y/Y)Common stock intreasury$36,831M (2.13%↑ Y/Y)Accumulated othercomprehensive income (loss)-$2,768M (18.71%↑ Y/Y)Tradepayables-Nonrelated Party$3,304M (18.64%↑ Y/Y)Product warranties$1,336M (3.01%↑ Y/Y)Extended warrantypremium$1,210M (1.34%↑ Y/Y)Other AccruedLiabilities$1,183M (4.51%↑ Y/Y)Accrued taxes$1,090M (-10.95%↓ Y/Y)Unearned revenue(contractual liability)$945M (5.59%↑ Y/Y)Employee benefits$799M (-31.36%↓ Y/Y)Accrued interest$558M (6.29%↑ Y/Y)Unearned operating leaserevenue$553M (5.53%↑ Y/Y)Dealer salesincentives$541M (15.60%↑ Y/Y)Derivative liabilities$538M (-12.38%↓ Y/Y)Dividends payable$442M (-0.23%↓ Y/Y)Parts returnliability$436M (3.81%↑ Y/Y)Operating leaseliabilities$340M (21.43%↑ Y/Y)Accounts Payable Other$212M (-5.78%↓ Y/Y)Deposits withheld fromdealers and merchants$137M (-4.86%↓ Y/Y)Tradepayables-Related Party$29M (163.64%↑ Y/Y)Retained earnings$61,228M (5.22%↑ Y/Y)Common stock, 1 parvalue (issued shares...$5,777M (3.81%↑ Y/Y)

DEERE & CO (DE)

DEERE & CO (DE)