Cash flow Deere & Company

Equities

DE

US2441991054

Heavy Machinery & Vehicles

Market Closed - Nyse Other stock markets 21:00:02 10/09/2024 BST			5-day change	1st Jan Change
387.30 ^USD	+0.02%		+0.42%	-3.14%

09-10	Deere to Pay $10 Million to Resolve SEC Bribery Charges Linked to Thai Subsidiary	DJ
09-10	Deere Agrees to Pay $10 Million to Settle Claims Thai Subsidiary Acted Improperly to Win Business	MT

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Published financial data: DEERE & COMPANY

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: October	2019	2020	2021	2022	2023
Revenues	34.89B	31.27B	39.74B	47.92B	55.56B
Finance Div. Revenues	3.61B	3.6B	3.52B	3.65B	499M
Gain (Loss) on Sale of Investment, Total (Rev)	-	-	-	326M	-
Interest And Invest. Income (Rev)	118M	112M	133M	213M	4.68B
Other Revenues, Total	620M	535M	571M	453M	475M
Total Revenues	39.23B	35.51B	43.96B	52.56B	61.22B
Cost of Goods Sold, Total	26.79B	23.46B	29.12B	35.16B	37.72B
Finance Div. Operating Exp.	2.03B	2.16B	1.96B	2.12B	2.39B
Interest Expense - Finance Division	1.23B	942M	687M	799M	-
Gross Profit	9.18B	8.96B	12.19B	14.49B	21.12B
Selling General & Admin Expenses, Total	3B	2.75B	2.88B	2.96B	3.6B
R&D Expenses	1.78B	1.59B	1.59B	1.91B	2.18B
Other Operating Expenses	87M	71M	-372M	-243M	-226M
Other Operating Expenses, Total	4.87B	4.41B	4.09B	4.63B	5.55B
Operating Income	4.31B	4.55B	8.09B	9.85B	15.56B
Interest Expense, Total	-232M	-305M	-306M	-263M	-2.45B
Interest And Investment Income	25M	26M	41M	14M	29M
Net Interest Expenses	-207M	-279M	-265M	-249M	-2.42B
Income (Loss) On Equity Invest.	21M	-48M	21M	10M	7M
Currency Exchange Gains (Loss)	97M	122M	-262M	-132M	-122M
EBT, Excl. Unusual Items	4.22B	4.34B	7.59B	9.48B	13.03B
Restructuring Charges	-30M	-355M	-	-14M	-
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-5M	-24M	27M	-	-
Asset Writedown	-77M	-129M	-50M	-88M	-
Other Unusual Items	-	-	58M	-243M	-
EBT, Incl. Unusual Items	4.11B	3.84B	7.62B	9.14B	13.03B
Income Tax Expense	852M	1.08B	1.66B	2.01B	2.87B
Earnings From Continuing Operations	3.26B	2.75B	5.96B	7.13B	10.16B
Net Income to Company	3.26B	2.75B	5.96B	7.13B	10.16B
Minority Interest	-4M	-2M	-2M	1M	11M
Net Income - (IS)	3.25B	2.75B	5.96B	7.13B	10.17B
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	3.25B	2.75B	5.96B	7.13B	10.17B
Net Income to Common Excl. Extra Items	3.25B	2.75B	5.96B	7.13B	10.17B
Per Share Items
Net EPS - Basic	10.28	8.78	19.14	23.42	34.79
Basic EPS - Continuing Operations	10.28	8.78	19.14	23.42	34.79
Basic Weighted Average Shares Outstanding	316M	314M	312M	304M	292M
Net EPS - Diluted	10.15	8.69	18.99	23.28	34.63
Diluted EPS - Continuing Operations	10.15	8.69	18.99	23.28	34.63
Diluted Weighted Average Shares Outstanding	321M	317M	314M	306M	294M
Normalized Basic EPS	8.32	8.65	15.21	19.47	27.9
Normalized Diluted EPS	8.22	8.57	15.1	19.35	27.77
Dividend Per Share	3.04	3.04	3.61	4.36	5.05
Payout Ratio	28.99	34.75	17.44	18.41	14.04
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	6.18B	5.45B	9.04B	10.8B	16.57B
EBITA	4.42B	4.65B	8.21B	10B	15.73B
EBIT	4.31B	4.55B	8.09B	9.85B	15.56B
EBITDAR	6.37B	5.64B	9.24B	11.05B	16.83B
Total Revenues (As Reported)	39.26B	35.54B	44.02B	52.58B	61.25B
Effective Tax Rate - (Ratio)	20.73	28.21	21.75	21.97	22.04
Current Domestic Taxes	617M	453M	1.08B	650M	2.19B
Current Foreign Taxes	700M	640M	1.02B	1.42B	1.47B
Total Current Taxes	1.32B	1.09B	2.1B	2.07B	3.66B
Deferred Domestic Taxes	-371M	-59M	-348M	53M	-550M
Deferred Foreign Taxes	-94M	48M	-93M	-119M	-240M
Total Deferred Taxes	-465M	-11M	-441M	-66M	-790M
Normalized Net Income	2.63B	2.71B	4.74B	5.93B	8.15B
Interest Capitalized	7M	6M	3M	4M	-
Interest on Long-Term Debt	-	8M	4M	5M	2M
Non-Cash Pension Expense	-191M	-178M	-231M	-185M	-283M
Supplemental Operating Expense Items
Advertising Expense	215M	196M	212M	227M	-
Research And Development Expense From Footnotes	1.78B	1.64B	1.59B	1.91B	2.18B
Net Rental Expense, Total	194M	190M	198M	243M	258M
Imputed Operating Lease Interest Expense	56.55M	54.39M	45.15M	48.92M	502M
Imputed Operating Lease Depreciation	137M	136M	153M	194M	-244M
Stock-Based Comp., Other (Total)	82M	81M	82M	85M	130M
Total Stock-Based Compensation	82M	81M	82M	85M	130M

Fiscal Period: October	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	3.18B	6.14B	7.19B	3.77B	5.72B
Short Term Investments	1M	7M	3M	61M	104M
Trading Asset Securities, Total	-	677M	244M	299M	-
Total Cash And Short Term Investments	3.18B	6.83B	7.44B	4.13B	5.82B
Accounts Receivable, Total	5.38B	4.33B	4.32B	6.46B	7.8B
Other Receivables	1.49B	1.22B	1.74B	2.49B	2.62B
Total Receivables	6.87B	5.55B	6.06B	8.95B	10.43B
Inventory	5.98B	5B	6.78B	8.5B	8.16B
Prepaid Expenses	-	-	-	185M	167M
Finance Division Loans and Leases Current	33.47B	34.32B	38.38B	42.52B	50.94B
Finance Division Other Current Assets, Total	1.34B	1.65B	1.65B	1.68B	2.58B
Restricted Cash	21M	11M	12M	167M	162M
Other Current Assets, Total	-	48M	31M	74M	-
Total Current Assets	50.85B	53.41B	60.34B	66.2B	78.26B
Gross Property Plant And Equipment	13.29B	13.87B	14.36B	14.75B	16.22B
Accumulated Depreciation	-7.36B	-7.77B	-8.29B	-8.39B	-9.05B
Net Property Plant And Equipment	5.93B	6.1B	6.07B	6.36B	7.16B
Long-term Investments	199M	174M	153M	117M	126M
Goodwill	2.92B	3.08B	3.29B	3.69B	3.9B
Other Intangibles, Total	1.38B	1.6B	1.56B	1.59B	1.58B
Finance Division Other Long-Term Assets, Total	8.29B	7.36B	7.05B	6.62B	6.92B
Deferred Tax Assets Long-Term	1.47B	1.5B	1.04B	824M	2.11B
Deferred Charges Long-Term	-	-	-	383M	426M
Other Long-Term Assets, Total	1.98B	1.87B	4.62B	4.25B	3.6B
Total Assets	73.01B	75.09B	84.11B	90.03B	104B
Liabilities
Accounts Payable, Total	9.48B	7.99B	9.55B	4.12B	3.63B
Accrued Expenses, Total	-	609M	800M	5.46B	5.23B
Short-term Borrowings	389M	218M	283M	1.02B	1.2B
Current Portion of Long-Term Debt	710M	168M	1.35B	1.11B	1.08B
Current Portion of Leases	12M	111M	106M	116M	128M
Finance Division Debt Current	14.07B	12.95B	14B	17.26B	23.7B
Current Income Taxes Payable	-	-	-	1.26B	1.56B
Unearned Revenue Current, Total	-	1.09B	1.34B	956M	1.13B
Other Current Liabilities	71M	26M	94M	1.61B	3.24B
Total Current Liabilities	24.74B	23.16B	27.53B	32.92B	40.89B
Long-Term Debt	5.42B	10.08B	8.88B	7.89B	7.16B
Long-Term Leases	20M	254M	234M	237M	227M
Finance Division Debt Non Current	24.81B	22.61B	23.97B	25.68B	31.27B
Finance Division Other Non Current Liabilities, Total	-	-	-	-	-
Pension & Other Post Retirement Benefits	5.95B	5.41B	4.34B	2.46B	2.14B
Deferred Tax Liability Non Current	495M	519M	576M	495M	520M
Other Non Current Liabilities	142M	105M	143M	-	-
Total Liabilities	61.58B	62.15B	65.68B	69.67B	82.2B
Common Stock, Total	4.64B	4.9B	5.05B	5.16B	5.3B
Retained Earnings	29.85B	31.65B	36.45B	42.25B	50.93B
Treasury Stock	-17.47B	-18.06B	-20.53B	-24.09B	-31.34B
Comprehensive Income and Other	-5.61B	-5.54B	-2.54B	-3.06B	-3.11B
Total Common Equity	11.41B	12.94B	18.43B	20.26B	21.78B
Minority Interest	18M	7M	3M	95M	101M
Total Equity	11.43B	12.94B	18.43B	20.36B	21.89B
Total Liabilities And Equity	73.01B	75.09B	84.11B	90.03B	104B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	313M	313M	307M	298M	280M
ECS Total Common Shares Outstanding	313M	314M	308M	299M	282M
Book Value / Share	36.45	41.25	59.83	67.82	77.37
Tangible Book Value	7.12B	8.26B	13.58B	14.98B	16.3B
Tangible Book Value Per Share	22.72	26.33	44.09	50.16	57.89
Total Debt	45.43B	46.39B	48.82B	53.31B	64.77B
Net Debt	42.26B	39.56B	41.39B	49.19B	58.94B
Debt Equivalent of Unfunded Proj. Benefit Obligation	226M	447M	-2.66B	-2.69B	-2.08B
Debt Equivalent Oper. Leases	1.55B	1.52B	1.58B	1.94B	2.06B
Minority Interest, Total (Incl. Fin. Div)	18M	7M	3M	95M	101M
Equity Method Investments, Total	199M	174M	153M	117M	126M
Account Code - Inventory Valuation	4	4	4	4	4
LIFO Reserve, Total	-1.67B	-1.65B	-2.11B	-2.5B	-2.36B
Inventories - Raw Materials, Total	2.28B	2B	3.52B	4.44B	4.08B
Inventories - Work In Process, Total	747M	648M	994M	1.19B	1.01B
Inventories - Finished Goods, Total	4.61B	4.01B	4.37B	5.36B	5.44B
Land - (BS)	274M	282M	293M	274M	338M
Buildings, Total	3.98B	4.11B	4.29B	4.39B	4.74B
Machinery, Total	7.24B	7.6B	7.8B	7.77B	8.27B
Full Time Employees	73.49K	69.63K	75.55K	82.2K	83K
Accumulated Allowance for Doubtful Accounts (Supple)	72M	39M	41M	36M	35M
Order Backlog	5.5B	10.2B	21.5B	20.8B	17.6B

Fiscal Period: October	2019	2020	2021	2022	2023
Net Income	3.25B	2.75B	5.96B	7.13B	10.17B
Depreciation & Amortization - CF	1.76B	1.88B	1.81B	1.63B	1.69B
Amortization of Goodwill and Intangible Assets - (CF)	109M	102M	116M	145M	169M
Depreciation & Amortization, Total	1.87B	1.98B	1.93B	1.78B	1.86B
Amortization of Deferred Charges, Total - (CF)	150M	133M	121M	117M	144M
(Gain) Loss From Sale Of Asset	5M	24M	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	43M	-	-326M	-
Asset Writedown & Restructuring Costs	77M	151M	50M	88M	191M
Provision for Credit Losses	43M	-	-	-	-
(Income) Loss On Equity Investments - (CF)	9M	-7M	2M	-	-
Stock-Based Compensation (CF)	82M	81M	82M	85M	130M
Provision and Write-off of Bad Debts	-	110M	-6M	192M	-16M
Other Operating Activities, Total	-413M	342M	-439M	-51M	-549M
Change In Accounts Receivable	-869M	2.01B	969M	-2.48B	-4.25B
Change In Inventories	-780M	397M	-2.5B	-2.09B	279M
Change In Accounts Payable	46M	-7M	1.88B	1.13B	830M
Change In Income Taxes	173M	8M	11M	141M	-23M
Change in Other Net Operating Assets	-233M	-537M	-343M	-1.02B	-170M
Cash from Operations	3.41B	7.48B	7.73B	4.7B	8.59B
Capital Expenditure	-3.45B	-2.66B	-2.58B	-3.79B	-4.47B
Sale of Property, Plant, and Equipment	1.65B	1.78B	2.09B	2.09B	1.98B
Cash Acquisitions	-	-66M	-244M	-498M	-82M
Divestitures	93M	-	-	-	-
Investment in Marketable and Equity Securities, Total	-51M	-37M	-85M	-	-
Other Investing Activities, Total	-2.16B	-2.34B	-4.94B	-6.29B	-6.18B
Cash from Investing	-3.92B	-3.32B	-5.75B	-8.48B	-8.75B
Short Term Debt Issued, Total	-	-	818M	3.85B	4.01B
Long-Term Debt Issued, Total	9.99B	9.27B	8.72B	10.36B	15.43B
Total Debt Issued	9.99B	9.27B	9.54B	14.21B	19.44B
Short Term Debt Repaid, Total	-917M	-1.36B	-	-	-
Long-Term Debt Repaid, Total	-6.43B	-7.38B	-7.09B	-8.44B	-7.91B
Total Debt Repaid	-7.34B	-8.74B	-7.09B	-8.44B	-7.91B
Issuance of Common Stock	178M	331M	148M	63M	-
Repurchase of Common Stock	-1.25B	-750M	-2.54B	-3.6B	-7.22B
Common Dividends Paid	-943M	-956M	-1.04B	-1.31B	-1.43B
Common & Preferred Stock Dividends Paid	-943M	-956M	-1.04B	-1.31B	-1.43B
Other Financing Activities, Total	-116M	-133M	-98M	-92M	-73M
Cash from Financing