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: 2019 | |||
STATEMENT OF CONSOLIDATED CASH FLOWS | |||
Period Ending Nov 3, 2019 10-K (Filed: Dec 19, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Nov 3, 2019 | Oct 28, 2018 | Oct 29, 2017 | |
| Cash Flows from Operating Activities | |||
| Net income | $ 3,257 | 2,371 | 2,159 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Provision for credit losses | 43 | 90 | 98 |
| Provision for depreciation and amortization | 2,019 | 1,927 | 1,716 |
| Impairment charges | 77 | 40 | |
| Share-based compensation expense | 82 | 84 | 68 |
| (Gain) loss on sales of businesses and unconsolidated affiliates | 5 | (25) | |
| (Gain) loss on sales of businesses and unconsolidated affiliates | (375) | ||
| Undistributed earnings of unconsolidated affiliates | 9 | (26) | (14) |
| Provision (credit) for deferred income taxes | (465) | 1,480 | 100 |
| Changes in assets and liabilities: | |||
| Trade, notes, and financing receivables related to sales | (869) | (1,531) | (839) |
| Inventories | (780) | (1,772) | (1,305) |
| Accounts payable and accrued expenses | 46 | 722 | 968 |
| Accrued income taxes payable/receivable | 173 | (466) | (84) |
| Retirement benefits | (233) | (1,026) | (32) |
| Other | 48 | (6) | (304) |
| Net cash provided by operating activities | 3,412 | 1,822 | 2,196 |
| Cash Flows from Investing Activities | |||
| Collections of receivables (excluding receivables related to sales) | 16,706 | 15,589 | 14,671 |
| Proceeds from maturities and sales of marketable securities | 89 | 76 | 404 |
| Proceeds from sales of equipment on operating leases | 1,648 | 1,483 | 1,441 |
| Proceeds from sales of businesses and unconsolidated affiliates, net of cash sold | 93 | 156 | |
| Proceeds from sales of businesses and unconsolidated affiliates, net of cash sold | 114 | ||
| Cost of receivables acquired (excluding receivables related to sales) | (18,873) | (17,013) | (15,222) |
| Acquisitions of businesses, net of cash acquired | (5,245) | (284) | |
| Purchases of marketable securities | (140) | (133) | (118) |
| Purchases of property and equipment | (1,120) | (896) | (595) |
| Cost of equipment on operating leases acquired | (2,329) | (2,054) | (1,997) |
| Other | 2 | (139) | (76) |
| Net cash used for investing activities | (3,924) | (8,176) | (1,662) |
| Cash Flows from Financing Activities | |||
| Increase (decrease) in total short-term borrowings | (917) | 473 | 1,310 |
| Proceeds from long-term borrowings | 9,986 | 8,288 | 8,702 |
| Payments of long-term borrowings | (6,426) | (6,245) | (5,397) |
| Proceeds from issuance of common stock | 178 | 217 | 529 |
| Repurchases of common stock | (1,253) | (958) | (6) |
| Dividends paid | (943) | (806) | (764) |
| Other | (116) | (93) | (88) |
| Net cash provided by financing activities | 509 | 876 | 4,286 |
| Effect of Exchange Rate Changes on Cash, Cash Equivalents, and Restricted Cash | (56) | 26 | 157 |
| Net Increase (Decrease) in Cash, Cash Equivalents, and Restricted Cash | (59) | (5,452) | 4,977 |
| Cash, Cash Equivalents, and Restricted Cash at Beginning of Year | 4,015 | 9,467 | |
| Cash, Cash Equivalents, and Restricted Cash at End of Year | 3,956 | 4,015 | 9,467 |
| External Links | |
| DEERE & CO (DE) Fiscal Year 2019 | |
| 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 |