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: 2012 | |||
STATEMENT OF CONSOLIDATED CASH FLOWS | |||
Period Ending Oct 31, 2012 10-K (Filed: Dec 17, 2012) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Oct 31, 2012 | Oct 31, 2011 | Oct 31, 2010 | |
| Cash Flows from Operating Activities | |||
| Net income | $ 3,071,600 | 2,807,800 | 1,874,300 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Provision for doubtful receivables | 5,100 | 13,500 | 106,400 |
| Provision for depreciation and amortization | 1,004,200 | 914,900 | 914,800 |
| Goodwill impairment charges | 33,400 | 27,200 | |
| Share-based compensation expense | 74,500 | 69,000 | 71,200 |
| Undistributed earnings of unconsolidated affiliates | 1,800 | 11,100 | (2,200) |
| Provision (credit) for deferred income taxes | (91,800) | (168,000) | 175,000 |
| Changes in assets and liabilities: | |||
| Trade, notes and financing receivables related to sales | (1,901,600) | (808,900) | (1,095,000) |
| Insurance receivables | (338,500) | (300,100) | |
| Inventories | (1,510,200) | (1,730,500) | (1,052,700) |
| Accounts payable and accrued expenses | 1,061,800 | 1,287,000 | 1,057,700 |
| Accrued income taxes payable/receivable | (72,300) | 1,200 | 22,100 |
| Retirement benefits | 63,300 | 495,300 | (154,100) |
| Other | (233,600) | (266,000) | 337,500 |
| Net cash provided by operating activities | 1,167,700 | 2,326,300 | 2,282,200 |
| Cash Flows from Investing Activities | |||
| Collections of receivables (excluding receivables related to sales) | 13,064,900 | 12,151,400 | 11,047,100 |
| Proceeds from maturities and sales of marketable securities | 240,300 | 32,400 | 38,400 |
| Proceeds from sales of equipment on operating leases | 799,500 | 683,400 | 621,900 |
| Government grants related to property and equipment | 92,300 | ||
| Proceeds from sales of businesses, net of cash sold | 30,200 | 911,100 | 34,900 |
| Cost of receivables acquired (excluding receivables related to sales) | (15,139,000) | (13,956,800) | (12,493,900) |
| Purchases of marketable securities | (922,200) | (586,900) | (63,400) |
| Purchases of property and equipment | (1,319,200) | (1,056,600) | (761,700) |
| Cost of equipment on operating leases acquired | (801,800) | (624,200) | (551,100) |
| Acquisitions of businesses, net of cash acquired | (60,800) | (45,500) | |
| Other | 43,200 | (113,700) | (28,100) |
| Net cash used for investing activities | (4,004,100) | (2,620,700) | (2,109,100) |
| Cash Flows from Financing Activities | |||
| Increase (decrease) in total short-term borrowings | 894,900 | (226,100) | 756,000 |
| Proceeds from long-term borrowings | 10,642,000 | 5,655,000 | 2,621,100 |
| Payments of long-term borrowings | (5,396,000) | (3,220,800) | (3,675,700) |
| Proceeds from issuance of common stock | 61,000 | 170,000 | 129,100 |
| Repurchases of common stock | (1,587,700) | (1,667,000) | (358,800) |
| Dividends paid | (697,900) | (593,100) | (483,500) |
| Excess tax benefits from share-based compensation | 30,100 | 70,100 | 43,500 |
| Other | (66,200) | (48,500) | (41,400) |
| Net cash provided by (used for) financing activities | 3,880,200 | 139,600 | (1,009,700) |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | (38,800) | 11,400 | (24,500) |
| Net Increase (Decrease) in Cash and Cash Equivalents | 1,005,000 | (143,400) | (861,100) |
| Cash and Cash Equivalents at Beginning of Year | 3,647,200 | 3,790,600 | |
| Cash and Cash Equivalents at End of Year | 4,652,200 | 3,647,200 | 3,790,600 |
| External Links | |
| DEERE & CO (DE) Fiscal Year 2012 | |
| 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 |