← DEERE & CO
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Accounts Receivable | — | — | — | $5.2b | $4.2b | $4.2b | $6.4b | $7.7b | $5.3b | $5.3b | |
| Cash and Cash Equivalents, at Carrying Value | $4.3b | $9.3b | $3.9b | $3.9b | $7.1b | $8.0b | $4.8b | $7.5b | $7.3b | $8.3b | |
| Cash and cash equivalents | $4.3b | $9.3b | $3.9b | $3.9b | $7.1b | $8.0b | $4.8b | $7.5b | $7.3b | $8.3b | |
| Financing receivables - net | $23.7b | $25.1b | $27.1b | $29.2b | $29.8b | $33.8b | $42.6b | $51.0b | $53.0b | $51.4b | |
| Other receivables | $1.0b | $1.2b | $1.7b | $1.5b | $1.2b | $1.7b | $2.5b | $2.6b | $2.5b | $2.4b | |
| Trade accounts and notes receivable - net | $3.0b | $3.9b | $5.0b | $5.2b | $4.2b | $4.2b | $6.4b | $7.7b | $5.3b | $5.3b | |
| Inventory, Net | $3.3b | $3.9b | $6.1b | $6.0b | $5.0b | $6.8b | $8.5b | $8.2b | $7.1b | $7.4b | |
| Property, Plant and Equipment, Net | $5.2b | $5.1b | $5.9b | $6.0b | $5.8b | $5.8b | $6.1b | $6.9b | $7.6b | $8.1b | |
| Goodwill | $815.7m | $1.0b | $3.1b | $2.9b | $3.1b | $3.3b | $3.7b | $3.9b | $4.0b | $4.2b | |
| Other intangible assets - net | $104.1m | $218.0m | $1.6b | $1.4b | $1.3b | $1.3b | $1.2b | $1.1b | $999.0m | $892.0m | |
| Operating Lease, Right-of-Use Asset | — | — | — | — | $324.0m | $291.0m | $299.0m | $283.0m | $274.0m | $317.0m | |
| Other assets | $1.7b | $1.6b | $1.7b | $1.9b | $2.4b | $2.0b | $2.4b | $2.5b | $2.9b | $3.5b | |
| Additional Financial Items | |||||||||||
| Common stock in treasury, 266,079,164 shares in 2025 and 264,678,912 shares in 2024, at cost | — | — | — | — | — | ($20.5b) | ($24.1b) | ($31.3b) | ($35.3b) | ($36.4b) | |
| Deferred income taxes | $166.0m | $209.7m | $555.8m | $495.0m | $519.0m | $576.0m | $495.0m | $520.0m | $478.0m | $434.0m | |
| Equipment on operating leases - net | $5.9b | $6.6b | $7.2b | $7.6b | $7.3b | $7.0b | $6.6b | $6.9b | $7.5b | $7.6b | |
| Marketable securities | $453.5m | $451.6m | $490.1m | $581.0m | $641.0m | $728.0m | $734.0m | $946.0m | $1.2b | $1.4b | |
| Retirement benefits | $93.6m | $538.2m | $1.3b | $840.0m | $863.0m | $3.6b | $3.7b | $3.0b | $2.9b | $3.3b | |
| Retirement benefits and other liabilities | $8.3b | $7.4b | $5.8b | $6.0b | $5.4b | $4.3b | $2.5b | $2.1b | $2.4b | $1.7b | |
| Short-term borrowings | $6.9b | $10.0b | $11.1b | $10.8b | $8.6b | $10.9b | $12.6b | $17.9b | $13.5b | $13.8b | |
| Short-term securitization borrowings | $5.0b | $4.1b | $4.0b | $4.3b | $4.7b | $4.6b | $5.7b | $7.0b | $8.4b | $6.6b | |
| Total Deere & Company stockholders' equity | $6.5b | $9.6b | $11.3b | $11.4b | $12.9b | $18.4b | $20.3b | $21.8b | $22.8b | $25.9b | |
| Assets | $58.0b | $65.8b | $70.1b | $73.0b | $75.1b | $84.1b | $90.0b | $104.1b | $107.3b | $106.0b | |
| Total Assets | $58.0b | $65.8b | $70.1b | $73.0b | $75.1b | $84.1b | $90.0b | $104.1b | $107.3b | $106.0b | |
| LIABILITIES AND EQUITY | |||||||||||
| Total Liabilities and Stockholders' Equity | $58.0b | $65.8b | $70.1b | $73.0b | $75.1b | $84.1b | $90.0b | $104.1b | $107.3b | $106.0b | |
| Accounts payable and accrued expenses | $7.2b | $8.4b | $10.1b | $9.7b | $10.1b | $12.2b | $14.8b | $16.1b | $14.5b | $13.9b | |
| Dividends Payable | — | — | — | — | — | — | $343.0m | $388.0m | $405.0m | $443.0m | |
| Long-term Debt, Excluding Current Maturities | $23.8b | $25.9b | $27.2b | $30.2b | $32.7b | $32.9b | $33.6b | $38.5b | $43.2b | $43.5b | |
| Deferred Income Tax Liabilities, Net | $166.0m | $209.7m | $555.8m | $495.0m | $519.0m | $576.0m | $495.0m | $520.0m | $478.0m | $434.0m | |
| Liabilities | $51.4b | $56.2b | $58.8b | $61.6b | $62.1b | $65.7b | $69.7b | $82.2b | $84.4b | $80.0b | |
| Total liabilities | $51.4b | $56.2b | $58.8b | $61.6b | $62.1b | $65.7b | $69.7b | $82.2b | $84.4b | $80.0b | |
| Redeemable Noncontrolling Interest, Equity, Carrying Amount | $14.0m | $14.0m | $14.0m | $14.0m | — | — | $92.0m | $97.0m | $82.0m | $51.0m | |
| Redeemable noncontrolling interest (Note 2) | $14.0m | $14.0m | $14.0m | $14.0m | — | — | $92.0m | $97.0m | $82.0m | $51.0m | |
| Stockholders’ equity: | |||||||||||
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($5.6b) | ($4.6b) | ($4.4b) | ($5.6b) | ($5.5b) | ($2.5b) | ($3.1b) | ($3.1b) | ($3.7b) | ($3.0b) | |
| Accumulated other comprehensive income (loss) | ($5.6b) | ($4.6b) | ($4.4b) | ($5.6b) | ($5.5b) | ($2.5b) | ($3.1b) | ($3.1b) | ($3.7b) | ($3.0b) | |
| Common Stock, Value, Issued | $3.9b | $4.3b | $4.5b | $4.6b | $4.9b | $5.1b | $5.2b | $5.3b | $5.5b | $5.7b | |
| Common stock, $1 par value (authorized - 1,200,000,000 shares; issued - 536,431,204 shares in 2025 and 2024), at paid-in amount | $3.9b | $4.3b | $4.5b | $4.6b | $4.9b | $5.1b | $5.2b | $5.3b | $5.5b | $5.7b | |
| Retained Earnings (Accumulated Deficit) | $23.9b | $25.3b | $27.6b | $29.9b | $31.6b | $36.4b | $42.2b | $50.9b | $56.4b | $59.7b | |
| Stockholders' Equity Attributable to Parent | $6.5b | $9.6b | $11.3b | $11.4b | $12.9b | $18.4b | $20.3b | $21.8b | $22.8b | $25.9b | |
| Noncontrolling interests | $10.8m | $3.2m | $3.4m | $4.0m | $7.0m | $3.0m | $3.0m | $4.0m | $7.0m | $6.0m | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $10.8m | $3.2m | $3.4m | $4.0m | $7.0m | $3.0m | $3.0m | $4.0m | $7.0m | $6.0m | |
| Total stockholders' equity | $6.5b | $9.6b | $11.3b | $11.4b | $12.9b | $18.4b | $20.3b | $21.8b | $22.8b | $26.0b | |
| Liabilities and Equity | $58.0b | $65.8b | $70.1b | $73.0b | $75.1b | $84.1b | $90.0b | $104.1b | $107.3b | $106.0b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.