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: 2018 | |||
STATEMENT OF CONSOLIDATED CASH FLOWS | |||
Period Ending Oct 28, 2018 10-K (Filed: Dec 17, 2018) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Oct 28, 2018 | Oct 29, 2017 | Oct 30, 2016 | |
| Cash Flows from Operating Activities | |||
| Net income | $ 2,370,600 | 2,159,200 | 1,521,500 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Provision for credit losses | 90,800 | 98,300 | 94,300 |
| Provision for depreciation and amortization | 1,927,100 | 1,715,500 | 1,559,800 |
| Impairment charges | 39,800 | 85,100 | |
| Share-based compensation expense | 83,800 | 68,100 | 70,600 |
| Gain on sale of affiliates and investments | (25,100) | (375,100) | (74,500) |
| Undistributed earnings of unconsolidated affiliates | (26,300) | (14,400) | (1,900) |
| Provision for deferred income taxes | 1,479,900 | 100,100 | 282,700 |
| Changes in assets and liabilities: | |||
| Trade, notes and financing receivables related to sales | (1,531,100) | (838,900) | 335,200 |
| Inventories | (1,772,300) | (1,305,300) | (106,100) |
| Accounts payable and accrued expenses | 722,300 | 968,000 | (155,200) |
| Accrued income taxes payable/receivable | (466,200) | (84,200) | 7,000 |
| Retirement benefits | (1,026,100) | (31,900) | 238,600 |
| Other | (7,100) | (299,400) | (87,400) |
| Net cash provided by operating activities | 1,820,300 | 2,199,800 | 3,769,700 |
| Cash Flows from Investing Activities | |||
| Collections of receivables (excluding receivables related to sales) | 15,589,300 | 14,671,100 | 14,611,400 |
| Proceeds from maturities and sales of marketable securities | 76,600 | 404,200 | 169,400 |
| Proceeds from sales of equipment on operating leases | 1,482,700 | 1,440,800 | 1,256,200 |
| Proceeds from sales of businesses and unconsolidated affiliates, net of cash sold | 155,600 | ||
| Proceeds from sales of businesses and unconsolidated affiliates, net of cash sold | 113,900 | 81,100 | |
| Cost of receivables acquired (excluding receivables related to sales) | (17,013,300) | (15,221,800) | (13,954,500) |
| Acquisitions of businesses, net of cash acquired | (5,245,000) | (284,200) | (198,500) |
| Purchases of marketable securities | (132,800) | (118,000) | (171,200) |
| Purchases of property and equipment | (896,400) | (594,900) | (644,400) |
| Cost of equipment on operating leases acquired | (2,053,700) | (1,997,400) | (2,310,700) |
| Other | (117,400) | (58,000) | (16,000) |
| Net cash used for investing activities | (8,154,400) | (1,644,300) | (1,177,200) |
| Cash Flows from Financing Activities | |||
| Increase (decrease) in total short-term borrowings | 473,200 | 1,310,600 | (1,213,600) |
| Proceeds from long-term borrowings | 8,287,800 | 8,702,200 | 5,070,700 |
| Payments of long-term borrowings | (6,245,300) | (5,397,000) | (5,267,600) |
| Proceeds from issuance of common stock | 216,900 | 528,700 | 36,000 |
| Repurchases of common stock | (957,900) | (6,200) | (205,400) |
| Dividends paid | (805,800) | (764,000) | (761,300) |
| Other | (92,500) | (87,800) | (64,700) |
| Net cash provided by (used for) financing activities | 876,400 | 4,286,500 | (2,405,900) |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | 26,800 | 157,100 | (13,000) |
| Net Increase (Decrease) in Cash and Cash Equivalents | (5,430,900) | 4,999,100 | 173,600 |
| Cash and Cash Equivalents at Beginning of Year | 9,334,900 | 4,335,800 | |
| Cash and Cash Equivalents at End of Year | 3,904,000 | 9,334,900 | 4,335,800 |
| External Links | |
| DEERE & CO (DE) Fiscal Year 2018 | |
| 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 |