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: 2011 | |||
STATEMENT OF CONSOLIDATED CASH FLOWS | |||
Period Ending Oct 31, 2011 10-K (Filed: Dec 19, 2011) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Oct 31, 2011 | Oct 31, 2010 | Oct 31, 2009 | |
| Cash Flows from Operating Activities | |||
| Net income | $ 2,807,800 | 1,874,300 | 872,900 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Provision for doubtful receivables | 13,500 | 106,400 | 231,800 |
| Provision for depreciation and amortization | 914,900 | 914,800 | 873,300 |
| Goodwill impairment charges | 27,200 | 289,200 | |
| Share-based compensation expense | 69,000 | 71,200 | 70,500 |
| Undistributed earnings of unconsolidated affiliates | 11,100 | (2,200) | 7,000 |
| Provision (credit) for deferred income taxes | (168,000) | 175,000 | 171,600 |
| Changes in assets and liabilities: | |||
| Trade, notes and financing receivables related to sales | (808,900) | (1,100,600) | 481,800 |
| Inventories | (1,730,500) | (1,052,700) | 452,500 |
| Accounts payable and accrued expenses | 1,287,000 | 1,057,700 | (1,168,300) |
| Accrued income taxes payable/receivable | 1,200 | 22,100 | (234,200) |
| Retirement benefits | 495,300 | (154,100) | (27,900) |
| Other | (566,100) | 343,100 | (35,400) |
| Net cash provided by operating activities | 2,326,300 | 2,282,200 | 1,984,800 |
| Cash Flows from Investing Activities | |||
| Collections of receivables (excluding receivables related to sales) | 12,151,400 | 11,047,100 | 11,252,000 |
| Proceeds from maturities and sales of marketable securities | 32,400 | 38,400 | 825,100 |
| Proceeds from sales of equipment on operating leases | 683,400 | 621,900 | 477,300 |
| Government grants related to property and equipment | 92,300 | ||
| Proceeds from sales of businesses, net of cash sold | 911,100 | 34,900 | |
| Cost of receivables acquired (excluding receivables related to sales) | (13,956,800) | (12,493,900) | (11,234,200) |
| Purchases of marketable securities | (586,900) | (63,400) | (29,500) |
| Purchases of property and equipment | (1,056,600) | (761,700) | (906,700) |
| Cost of equipment on operating leases acquired | (624,200) | (551,100) | (401,400) |
| Acquisitions of businesses, net of cash acquired | (60,800) | (45,500) | (49,800) |
| Other | (113,700) | (28,100) | 10,200 |
| Net cash used for investing activities | (2,620,700) | (2,109,100) | (57,000) |
| Cash Flows from Financing Activities | |||
| Increase (decrease) in total short-term borrowings | (226,100) | 756,000 | (1,384,800) |
| Proceeds from long-term borrowings | 5,655,000 | 2,621,100 | 6,282,800 |
| Payments of long-term borrowings | (3,220,800) | (3,675,700) | (3,830,300) |
| Proceeds from issuance of common stock | 170,000 | 129,100 | 16,500 |
| Repurchases of common stock | (1,667,000) | (358,800) | (3,200) |
| Dividends paid | (593,100) | (483,500) | (473,400) |
| Excess tax benefits from share-based compensation | 70,100 | 43,500 | 4,600 |
| Other | (48,500) | (41,400) | (141,900) |
| Net cash provided by (used for) financing activities | 139,600 | (1,009,700) | 470,300 |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | 11,400 | (24,500) | 42,200 |
| Net Increase (Decrease) in Cash and Cash Equivalents | (143,400) | (861,100) | 2,440,300 |
| Cash and Cash Equivalents at Beginning of Year | 3,790,600 | 4,651,700 | |
| Cash and Cash Equivalents at End of Year | 3,647,200 | 3,790,600 | 4,651,700 |
| External Links | |
| DEERE & CO (DE) Fiscal Year 2011 | |
| 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 |