10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
DEERE & CO | |||
Ticker: DE Fiscal Year: 2014 | |||
STATEMENT OF CONSOLIDATED CASH FLOWS | |||
Period Ending Oct 31, 2014 10-K (Filed: Dec 19, 2014) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Oct 31, 2014 | Oct 31, 2013 | Oct 31, 2012 | |
| Cash Flows from Operating Activities | |||
| Net income | $ 3,163,300 | 3,537,600 | 3,071,600 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Provision for credit losses | 38,100 | 20,500 | 5,100 |
| Provision for depreciation and amortization | 1,306,500 | 1,140,300 | 1,004,200 |
| Impairment charges | 95,900 | 102,000 | 33,400 |
| Share-based compensation expense | 78,500 | 80,700 | 74,500 |
| Undistributed earnings of unconsolidated affiliates | 9,300 | 9,100 | 1,800 |
| Credit for deferred income taxes | (280,100) | (172,600) | (91,800) |
| Changes in assets and liabilities: | |||
| Trade, notes and financing receivables related to sales | (749,000) | (1,510,200) | (1,901,600) |
| Insurance receivables | (149,900) | 263,400 | (338,500) |
| Inventories | (297,900) | (728,400) | (1,510,200) |
| Accounts payable and accrued expenses | (137,100) | 217,100 | 1,061,800 |
| Accrued income taxes payable/receivable | 342,600 | 80,400 | (72,300) |
| Retirement benefits | 336,900 | 262,000 | 63,300 |
| Other | (231,200) | (47,600) | (233,600) |
| Net cash provided by operating activities | 3,525,900 | 3,254,300 | 1,167,700 |
| Cash Flows from Investing Activities | |||
| Collections of receivables (excluding receivables related to sales) | 15,319,100 | 14,088,000 | 13,064,900 |
| Proceeds from maturities and sales of marketable securities | 1,022,500 | 843,900 | 240,300 |
| Proceeds from sales of equipment on operating leases | 1,091,500 | 936,700 | 799,500 |
| Proceeds from sales of businesses, net of cash sold | 345,800 | 22,000 | 30,200 |
| Cost of receivables acquired (excluding receivables related to sales) | (17,240,400) | (17,011,700) | (15,139,000) |
| Purchases of marketable securities | (614,600) | (1,026,300) | (922,200) |
| Purchases of property and equipment | (1,048,300) | (1,158,400) | (1,319,200) |
| Cost of equipment on operating leases acquired | (1,611,000) | (1,216,900) | (801,800) |
| Acquisitions of businesses, net of cash acquired | (83,500) | ||
| Other | (145,600) | (214,500) | 43,200 |
| Net cash used for investing activities | (2,881,000) | (4,820,700) | (4,004,100) |
| Cash Flows from Financing Activities | |||
| Increase in total short-term borrowings | 89,200 | 2,749,400 | 894,900 |
| Proceeds from long-term borrowings | 8,232,000 | 4,734,000 | 10,642,000 |
| Payments of long-term borrowings | (5,209,100) | (4,958,500) | (5,396,000) |
| Proceeds from issuance of common stock | 149,500 | 174,500 | 61,000 |
| Repurchases of common stock | (2,731,100) | (1,531,400) | (1,587,700) |
| Dividends paid | (786,000) | (752,900) | (697,900) |
| Excess tax benefits from share-based compensation | 30,800 | 50,700 | 30,100 |
| Other | (63,600) | (59,300) | (66,200) |
| Net cash provided by (used for) financing activities | (288,300) | 406,500 | 3,880,200 |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | (73,600) | 11,700 | (38,800) |
| Net Increase (Decrease) in Cash and Cash Equivalents | 283,000 | (1,148,200) | 1,005,000 |
| Cash and Cash Equivalents at Beginning of Year | 3,504,000 | 4,652,200 | |
| Cash and Cash Equivalents at End of Year | 3,787,000 | 3,504,000 | 4,652,200 |
| External Links | |
| DEERE & CO (DE) Fiscal Year 2014 | |
| 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 |