| Balance Sheets | 2025-11-02 | 2024-10-27 | 2023-10-29 | 2022-10-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 8,276 | 7,324 | 7,458 | 4,774 |
| Marketable securities | 1,411 | 1,154 | 946 | 734 |
| Trade accounts and notes receivable - net | 5,317 | 5,326 | 7,739 | 6,410 |
| Financing receivables - net-Asset Not Pledged As Collateral | 44,575 | 44,309 | 43,673 | 36,634 |
| Financing receivables - net-Asset Pledged As Collateral With Right | 6,831 | 8,723 | 7,335 | 5,936 |
| Other receivables | 2,403 | 2,545 | 2,623 | 2,492 |
| Equipment on operating leases - net | 7,600 | 7,451 | 6,917 | 6,623 |
| Inventories | 7,406 | 7,093 | 8,160 | 8,495 |
| Total property and equipment at cost | - | - | - | 14,449 |
| Less accumulated depreciation | - | - | - | 8,393 |
| Property and equipment - net | 8,079 | 7,580 | 6,879 | 6,056 |
| Goodwill | 4,188 | 3,959 | 3,900 | 3,687 |
| Total at cost | - | - | 1,888 | 1,794 |
| Total accumulated amortization | - | - | 755 | 576 |
| Amortized intangible assets - net | - | - | - | 1,218 |
| Other intangible assets - net | 892 | 999 | 1,133 | 1,218 |
| Retirement benefits | 3,273 | 2,921 | 3,007 | 3,730 |
| Deferred income taxes | 2,284 | 2,086 | 1,814 | 824 |
| Operating lease asset (note 24) | 317 | 274 | 283 | 299 |
| Capitalized software, net | 470 | 504 | 450 | 372 |
| Investments in unconsolidated affiliates | 510 | 122 | 126 | 117 |
| Deferred charges (including prepaids) | 417 | 412 | 426 | 383 |
| Derivative assets (note 26) | 393 | 357 | 292 | 373 |
| Prepaid taxes | 259 | 238 | 167 | 185 |
| Parts return asset | 156 | 141 | 127 | 119 |
| Restricted cash | 257 | 193 | 162 | 167 |
| Matured lease & repossessed inventory | 102 | 106 | 59 | 44 |
| Other | 580 | 559 | 411 | 358 |
| Other assets | 3,461 | 2,906 | 2,503 | 2,417 |
| Assets held for sale | - | 2,944 | - | - |
| Total assets | 105,996 | 107,320 | 104,087 | 90,030 |
| Short-term borrowings | 13,796 | 13,533 | 17,939 | 12,592 |
| Short-term securitization borrowings | 6,596 | 8,431 | 6,995 | 5,711 |
| Trade payables-Nonrelated Party | 2,985 | 2,698 | 3,467 | - |
| Dividends payable | 443 | 405 | 388 | - |
| Operating lease liabilities | 314 | 270 | 281 | - |
| Deposits withheld from dealers and merchants | 143 | 152 | 163 | - |
| Trade payables-Related Party | 10 | 6 | 6 | - |
| Other | 191 | 204 | 153 | - |
| Employee benefits | 1,577 | 1,925 | 2,152 | - |
| Product warranties | 1,259 | 1,426 | 1,610 | - |
| Dealer sales discounts | - | - | 1,243 | - |
| Accrued taxes | 1,155 | 1,509 | 1,558 | - |
| Extended warranty premium | 1,202 | 1,179 | 1,021 | - |
| Dealer sales incentives | 828 | 996 | - | - |
| Unearned revenue (contractual liability) | 837 | 744 | 676 | - |
| Unearned operating lease revenue | 534 | 495 | 451 | - |
| Accrued interest | 524 | 455 | 434 | - |
| Derivative liabilities | 389 | 582 | 1,130 | - |
| Parts return liability | 445 | 420 | - | - |
| Other | 1,073 | 1,077 | 1,397 | - |
| Accounts payable and accrued expenses | 13,909 | 14,543 | 16,130 | 14,822 |
| Deferred income taxes | 434 | 478 | 520 | 495 |
| Long-term borrowings | 43,544 | 43,229 | 38,477 | 33,596 |
| Deferred compensation - current | 23 | 28 | 25 | - |
| Deferred compensation and other - noncurrent | 235 | 217 | 183 | - |
| Current liability-Pension And Other Postretirement Benefit Plans Defined Benefit | 97 | 105 | 99 | - |
| Noncurrent liability-Pension And Other Postretirement Benefit Plans Defined Benefit | 1,355 | 2,004 | 1,833 | - |
| Retirement benefits and other liabilities | 1,710 | 2,354 | 2,140 | 2,457 |
| Liabilities held for sale | - | 1,827 | - | - |
| Total liabilities | 79,989 | 84,395 | 82,201 | 69,673 |
| Redeemable noncontrolling interest (note 2) | 51 | 82 | 97 | 92 |
| 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 | 5,303 | 5,165 |
| Common stock in treasury, 266,079,164 shares in 2025 and 264,678,912 shares in 2024, at cost | 36,362 | 35,349 | 31,335 | 24,094 |
| Retained earnings | 59,676 | 56,402 | 50,931 | 42,247 |
| Accumulated other comprehensive income (loss) | -3,032 | -3,706 | -3,114 | -3,056 |
| Total deere & company stockholders' equity | 25,950 | 22,836 | 21,785 | 20,262 |
| Noncontrolling interests | 6 | 7 | 4 | 3 |
| Total stockholders' equity | 25,956 | 22,843 | 21,789 | 20,265 |
| Total liabilities and stockholders' equity | 105,996 | 107,320 | 104,087 | 90,030 |
DEERE & CO (DE)
DEERE & CO (DE)