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: 2017 | |||
STATEMENT OF CONSOLIDATED CASH FLOWS | |||
Period Ending Oct 29, 2017 10-K (Filed: Dec 18, 2017) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Oct 29, 2017 | Oct 30, 2016 | Nov 1, 2015 | |
| Cash Flows from Operating Activities | |||
| Net income | $ 2,159,200 | 1,521,500 | 1,940,900 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Provision for credit losses | 98,300 | 94,300 | 55,400 |
| Provision for depreciation and amortization | 1,715,500 | 1,559,800 | 1,382,400 |
| Impairment charges | 39,800 | 85,100 | 34,800 |
| Share-based compensation expense | 68,100 | 70,600 | 66,100 |
| Gain on sale of unconsolidated affiliates and investments | (375,100) | (74,500) | |
| Undistributed earnings of unconsolidated affiliates | (14,400) | (1,900) | (1,000) |
| Provision (credit) for deferred income taxes | 100,100 | 282,700 | (18,400) |
| Changes in assets and liabilities: | |||
| Trade, notes and financing receivables related to sales | (838,900) | 335,200 | 811,600 |
| Insurance receivables | 333,400 | ||
| Inventories | (1,305,300) | (106,100) | (691,400) |
| Accounts payable and accrued expenses | 968,000 | (155,200) | (503,600) |
| Accrued income taxes payable/receivable | (84,200) | 7,000 | (119,100) |
| Retirement benefits | (31,900) | 238,600 | 427,500 |
| Other | (299,400) | (87,400) | 40,200 |
| Net cash provided by operating activities | 2,199,800 | 3,769,700 | 3,758,800 |
| Cash Flows from Investing Activities | |||
| Collections of receivables (excluding receivables related to sales) | 14,671,100 | 14,611,400 | 14,919,700 |
| Proceeds from maturities and sales of marketable securities | 404,200 | 169,400 | 860,700 |
| Proceeds from sales of equipment on operating leases | 1,440,800 | 1,256,200 | 1,049,400 |
| Proceeds from sales of businesses and unconsolidated affiliates, net of cash sold | 113,900 | 81,100 | 149,200 |
| Cost of receivables acquired (excluding receivables related to sales) | (15,221,800) | (13,954,500) | (14,996,500) |
| Purchases of marketable securities | (118,000) | (171,200) | (154,900) |
| Purchases of property and equipment | (594,900) | (644,400) | (694,000) |
| Cost of equipment on operating leases acquired | (1,997,400) | (2,310,700) | (2,132,100) |
| Acquisitions of businesses, net of cash acquired | (284,200) | (198,500) | |
| Other | (58,000) | (16,000) | (60,200) |
| Net cash used for investing activities | (1,644,300) | (1,177,200) | (1,058,700) |
| Cash Flows from Financing Activities | |||
| Increase (decrease) in total short-term borrowings | 1,310,600 | (1,213,600) | 501,600 |
| Proceeds from long-term borrowings | 8,702,200 | 5,070,700 | 5,711,000 |
| Payments of long-term borrowings | (5,397,000) | (5,267,600) | (4,863,200) |
| Proceeds from issuance of common stock | 528,700 | 36,000 | 172,100 |
| Repurchases of common stock | (6,200) | (205,400) | (2,770,700) |
| Dividends paid | (764,000) | (761,300) | (816,300) |
| Other | (87,800) | (64,700) | (72,100) |
| Net cash provided by (used for) financing activities | 4,286,500 | (2,405,900) | (2,137,600) |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | 157,100 | (13,000) | (187,300) |
| Net Increase in Cash and Cash Equivalents | 4,999,100 | 173,600 | 375,200 |
| Cash and Cash Equivalents at Beginning of Year | 4,335,800 | 4,162,200 | |
| Cash and Cash Equivalents at End of Year | 9,334,900 | 4,335,800 | 4,162,200 |
| External Links | |
| DEERE & CO (DE) Fiscal Year 2017 | |
| 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 |