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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Nov. 02, 2025
Oct. 27, 2024
ASSETS    
Cash and cash equivalents $ 8,276 $ 7,324
Marketable securities 1,411 1,154
Trade accounts and notes receivable - net 5,317 5,326
Other receivables 2,403 2,545
Equipment on operating leases - net 7,600 7,451
Inventories 7,406 7,093
Property and equipment - net 8,079 7,580
Goodwill 4,188 3,959
Other intangible assets - net 892 999
Retirement benefits 3,273 2,921
Deferred income taxes 2,284 2,086
Other assets 3,461 2,906
Assets held for sale   2,944
Total Assets 105,996 107,320
LIABILITIES    
Short-term borrowings 13,796 13,533
Short-term securitization borrowings 6,596 8,431
Accounts payable and accrued expenses 13,909 14,543
Deferred income taxes 434 478
Long-term borrowings 43,544 43,229
Retirement benefits and other liabilities 1,710 2,354
Liabilities held for sale   1,827
Total liabilities 79,989 84,395
Commitments and contingencies (Note 20)
Redeemable noncontrolling interest (Note 2) 51 82
STOCKHOLDERS' EQUITY    
Common stock, $1 par value (authorized - 1,200,000,000 shares; issued - 536,431,204 shares in 2025 and 2024), at paid-in amount 5,668 5,489
Common stock in treasury, 266,079,164 shares in 2025 and 264,678,912 shares in 2024, at cost (36,362) (35,349)
Retained earnings 59,676 56,402
Accumulated other comprehensive income (loss) (3,032) (3,706)
Total Deere & Company stockholders' equity 25,950 22,836
Noncontrolling interests 6 7
Total stockholders' equity 25,956 22,843
Total Liabilities and Stockholders' Equity 105,996 107,320
Unrestricted    
ASSETS    
Financing receivables - net 44,575 44,309
Securitized    
ASSETS    
Financing receivables - net $ 6,831 $ 8,723
Location of liability for pledged asset Short-term securitization borrowings Short-term securitization borrowings
Other assets $ 171 $ 187
Total Assets $ 7,002 $ 8,910