10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
DEERE & CO | |||
Ticker: DE Fiscal Year: 2009 | |||
STATEMENT OF CONSOLIDATED CASH FLOWS | |||
Period Ending Oct 31, 2009 10-K (Filed: Dec 17, 2009) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Oct 31, 2009 | Oct 31, 2008 | Oct 31, 2007 | |
| Cash Flows from Operating Activities | |||
| Net income | $ 873,500 | 2,052,800 | 1,821,700 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Provision for doubtful receivables | 231,800 | 95,400 | 71,000 |
| Provision for depreciation and amortization | 873,300 | 831,000 | 744,400 |
| Goodwill impairment charge | 289,200 | ||
| Share-based compensation expense | 70,500 | 70,600 | 82,000 |
| Undistributed earnings of unconsolidated affiliates | 7,000 | (18,700) | (17,100) |
| Provision (credit) for deferred income taxes | 171,600 | 89,700 | (4,200) |
| Changes in assets and liabilities: | |||
| Trade, notes and financing receivables related to sales | 481,800 | (428,400) | 131,100 |
| Inventories | 452,500 | (1,195,400) | (357,200) |
| Accounts payable and accrued expenses | (1,168,300) | 702,100 | 418,600 |
| Accrued income taxes payable/receivable | (234,200) | 92,800 | 10,500 |
| Retirement benefits | (27,900) | (133,200) | (163,200) |
| Other | (36,000) | (209,700) | 21,800 |
| Net cash provided by operating activities | 1,984,800 | 1,949,000 | 2,759,400 |
| Cash Flows from Investing Activities | |||
| Collections of receivables | 11,252,000 | 12,608,800 | 10,335,300 |
| Proceeds from sales of financing receivables | 12,200 | 45,200 | 141,400 |
| Proceeds from maturities and sales of marketable securities | 825,100 | 1,738,500 | 2,458,500 |
| Proceeds from sales of equipment on operating leases | 477,300 | 465,700 | 355,200 |
| Proceeds from sales of businesses, net of cash sold | 42,000 | 77,200 | |
| Cost of receivables acquired | (11,234,200) | (13,304,400) | (11,388,300) |
| Purchases of marketable securities | (29,500) | (1,141,400) | (2,251,600) |
| Purchases of property and equipment | (906,700) | (1,112,300) | (1,022,500) |
| Cost of equipment on operating leases acquired | (401,400) | (495,900) | (461,700) |
| Acquisitions of businesses, net of cash acquired | (49,800) | (252,300) | (189,300) |
| Other | (2,000) | (19,900) | 12,500 |
| Net cash used for investing activities | (57,000) | (1,426,000) | (1,933,300) |
| Cash Flows from Financing Activities | |||
| Increase (decrease) in short-term borrowings | (1,384,800) | (413,000) | 99,400 |
| Proceeds from long-term borrowings | 6,282,800 | 6,320,200 | 4,283,900 |
| Payments of long-term borrowings | (3,830,300) | (4,585,400) | (3,136,500) |
| Proceeds from issuance of common stock | 16,500 | 108,900 | 285,700 |
| Repurchases of common stock | (3,200) | (1,677,600) | (1,517,800) |
| Dividends paid | (473,400) | (448,100) | (386,700) |
| Excess tax benefits from share-based compensation | 4,600 | 72,500 | 102,200 |
| Other | (141,900) | (26,000) | (11,200) |
| Net cash provided by (used for) financing activities | 470,300 | (648,500) | (281,000) |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | 42,200 | 58,300 | 46,000 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 2,440,300 | (67,200) | 591,100 |
| Cash and Cash Equivalents at Beginning of Year | 2,211,400 | 2,278,600 | |
| Cash and Cash Equivalents at End of Year | 4,651,700 | 2,211,400 | 2,278,600 |
| External Links | |
| DEERE & CO (DE) Fiscal Year 2009 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |