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: 2016 | |||
STATEMENT OF CONSOLIDATED CASH FLOWS | |||
Period Ending Oct 31, 2016 10-K (Filed: Dec 19, 2016) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Oct 31, 2016 | Oct 31, 2015 | Oct 31, 2014 | |
| Cash Flows from Operating Activities | |||
| Net income | $ 1,521,500 | 1,940,900 | 3,163,300 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Provision for credit losses | 94,300 | 55,400 | 38,100 |
| Provision for depreciation and amortization | 1,559,800 | 1,382,400 | 1,306,500 |
| Impairment charges | 85,100 | 34,800 | 95,900 |
| Share-based compensation expense | 70,600 | 66,100 | 78,500 |
| Undistributed earnings of unconsolidated affiliates | (1,900) | (1,000) | 9,300 |
| Provision (credit) for deferred income taxes | 282,700 | (18,400) | (280,100) |
| Changes in assets and liabilities: | |||
| Trade, notes and financing receivables related to sales | 335,200 | 811,600 | (749,000) |
| Insurance receivables | 333,400 | (149,900) | |
| Inventories | (106,100) | (691,400) | (297,900) |
| Accounts payable and accrued expenses | (155,200) | (503,600) | (137,100) |
| Accrued income taxes payable/receivable | 1,600 | (137,600) | 342,600 |
| Retirement benefits | 238,600 | 427,500 | 336,900 |
| Other | (161,900) | 40,200 | (231,200) |
| Net cash provided by operating activities | 3,764,300 | 3,740,300 | 3,525,900 |
| Cash Flows from Investing Activities | |||
| Collections of receivables (excluding receivables related to sales) | 14,611,400 | 14,919,700 | 15,319,100 |
| Proceeds from maturities and sales of marketable securities | 169,400 | 860,700 | 1,022,500 |
| Proceeds from sales of equipment on operating leases | 1,256,200 | 1,049,400 | 1,091,500 |
| Proceeds from sales of businesses and unconsolidated affiliates, net of cash sold | 81,100 | 149,200 | 345,800 |
| Cost of receivables acquired (excluding receivables related to sales) | (13,954,500) | (14,996,500) | (17,240,400) |
| Purchases of marketable securities | (171,200) | (154,900) | (614,600) |
| Purchases of property and equipment | (644,400) | (694,000) | (1,048,300) |
| Cost of equipment on operating leases acquired | (2,310,700) | (2,132,100) | (1,611,000) |
| Acquisitions of businesses, net of cash acquired | (198,500) | ||
| Other | (16,000) | (60,200) | (145,600) |
| Net cash used for investing activities | (1,177,200) | (1,058,700) | (2,881,000) |
| Cash Flows from Financing Activities | |||
| Increase (decrease) in total short-term borrowings | (1,213,600) | 501,600 | 89,200 |
| Proceeds from long-term borrowings | 5,070,700 | 5,711,000 | 8,232,000 |
| Payments of long-term borrowings | (5,267,600) | (4,863,200) | (5,209,100) |
| Proceeds from issuance of common stock | 36,000 | 172,100 | 149,500 |
| Repurchases of common stock | (205,400) | (2,770,700) | (2,731,100) |
| Dividends paid | (761,300) | (816,300) | (786,000) |
| Excess tax benefits from share-based compensation | 5,400 | 18,500 | 30,800 |
| Other | (64,700) | (72,100) | (63,600) |
| Net cash used for financing activities | (2,400,500) | (2,119,100) | (288,300) |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | (13,000) | (187,300) | (73,600) |
| Net Increase in Cash and Cash Equivalents | 173,600 | 375,200 | 283,000 |
| Cash and Cash Equivalents at Beginning of Year | 4,162,200 | 3,787,000 | |
| Cash and Cash Equivalents at End of Year | 4,335,800 | 4,162,200 | 3,787,000 |
| External Links | |
| DEERE & CO (DE) Fiscal Year 2016 | |
| 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 |