DEERE & CO

Farm machinery and equipment

Last filing · Quarter 3 · Aug 2, 2026

40 more quarters with Pro

DEERE & CO back to 2009, every line as filed.

USD ($) $ in Millions	Aug 2, 2026	May 3, 2026	Feb 1, 2026	Jul 27, 2025	Apr 27, 2025	Jan 26, 2025	Jul 28, 2024	Apr 28, 2024	Jan 28, 2024	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023
Cash Flows from Operating Activities
Net income	$ 1,377.0	$ 1,770.0	$ 655.0	$ 1,271.0	$ 1,801.0	$ 867.0	$ 1,731.0	$ 2,368.0	$ 1,748.0	$ 2,972.0	$ 2,859.0	$ 1,957.0
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	78.0	91.0	36.0	84.0	105.0	69.0	91.0	100.0	31.0	25.0	41.0	(130.0)
Provision for credit losses	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization	603.0	594.0	590.0	564.0	555.0	549.0	553.0	525.0	520.0	532.0	501.0	494.0
Impairments and other adjustments	-	-	-	61.0	-	(32.0)	53.0	-	-	-	173.0	-
Impairment charges	-	-	-	-	-	-	-	-	-	-	-	-
Share-based compensation expense	47.0	28.0	41.0	50.0	26.0	28.0	55.0	58.0	46.0	58.0	31.0	23.0
Gain on sale of affiliates and investments	-	-	-	-	-	-	-	-	-	-	-	-
Undistributed earnings of unconsolidated affiliates	-	-	-	-	-	-	-	-	-	-	-	-
Gain on remeasurement of previously held equity investment	-	-	-	-	-	-	-	-	-	-	-	-
Credit for deferred income taxes	7.0	(86.0)	18.0	(113.0)	(197.0)	208.0	(5.0)	(147.0)	27.0	(52.0)	(321.0)	(56.0)
Changes in assets and liabilities:
Receivables related to sales	(168.0)	(1,434.0)	350.0	575.0	(2,132.0)	1,063.0	23.0	(2,192.0)	(277.0)	(652.0)	(3,392.0)	(1,015.0)
Insurance receivables	-	-	-	-	-	-	-	-	-	-	-	-
Inventories	295.0	8.0	(746.0)	246.0	23.0	(795.0)	643.0	314.0	(723.0)	319.0	297.0	(1,279.0)
Accounts payable and accrued expenses	67.0	1,153.0	(1,486.0)	181.0	947.0	(1,845.0)	285.0	1,027.0	(2,327.0)	360.0	1,264.0	(1,577.0)
Accrued income taxes payable/receivable	(114.0)	83.0	(88.0)	-	393.0	(540.0)	60.0	(212.0)	183.0	(499.0)	(295.0)	199.0
Retirement benefits	(77.0)	(96.0)	(194.0)	(19.0)	(106.0)	(688.0)	(38.0)	(79.0)	(129.0)	(48.0)	(20.0)	(48.0)
Other	93.0	(179.0)	(66.0)	(4.0)	286.0	(16.0)	(255.0)	90.0	(7.0)	28.0	(38.0)	186.0
Net cash provided by operating activities	2,208.0	1,932.0	(890.0)	2,896.0	1,700.0	(1,132.0)	3,195.0	1,852.0	(908.0)	3,043.0	1,099.0	(1,246.0)
Net cash used for operating activities	-	-	-	-	-	-	-	-	-	-	-	-
Cash Flows from Investing Activities
Collections of receivables (excluding receivables related to sales)	5,537.0	6,287.0	8,098.0	5,364.0	6,211.0	8,137.0	5,440.0	5,951.0	7,752.0	4,999.0	5,395.0	7,198.0
Collections of receivables	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of financing receivables	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturities and sales of marketable securities	131.0	114.0	144.0	114.0	184.0	61.0	133.0	200.0	-	-	-	-
Proceeds from sales of equipment on operating leases	460.0	642.0	377.0	407.0	568.0	433.0	440.0	505.0	506.0	452.0	496.0	497.0
Proceeds from sales of businesses and unconsolidated affiliates, net of cash sold	-	-	-	-	-	-	-	-	-	-	36.0	-
Government grants related to property and equipment	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of businesses, net of cash sold	-	-	-	-	-	-	-	-	-	-	-	-
Cost of receivables acquired (excluding receivables related to sales)	(5,982.0)	(7,134.0)	(6,023.0)	(6,218.0)	(6,699.0)	(6,045.0)	(7,022.0)	(7,644.0)	(6,447.0)	(7,263.0)	(7,129.0)	(6,322.0)
Acquisitions of businesses, net of cash acquired	(16.0)	(439.0)	-	(89.0)	-	-	-	-	-	(41.0)	(41.0)	-
Cost of receivables acquired	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of marketable securities	(77.0)	(155.0)	(129.0)	(251.0)	(206.0)	(141.0)	(140.0)	(432.0)	-	-	-	-
Purchases of property and equipment	(265.0)	(195.0)	(256.0)	(297.0)	(203.0)	(352.0)	(324.0)	(357.0)	(362.0)	(303.0)	(269.0)	(315.0)
Cost of equipment on operating leases acquired	(638.0)	(863.0)	(432.0)	(755.0)	(815.0)	(439.0)	(796.0)	(915.0)	(454.0)	(739.0)	(732.0)	(497.0)
Collections of receivables from unconsolidated affiliates	45.0	47.0	105.0	100.0	234.0	-	-	-	-	-	-	-
Collateral on derivatives - net	(55.0)	3.0	(11.0)	100.0	218.0	(191.0)	294.0	(214.0)	310.0	(127.0)	22.0	345.0
Other	(58.0)	(36.0)	(51.0)	(55.0)	(129.0)	(47.0)	(26.0)	19.0	(88.0)	(11.0)	(32.0)	(146.0)
Net cash used for investing activities	(918.0)	(1,729.0)	1,822.0	(1,580.0)	(637.0)	1,416.0	(2,001.0)	(2,887.0)	1,217.0	(3,069.0)	(2,254.0)	760.0
Cash Flows from Financing Activities
Net proceeds (payments) in short-term borrowings (original maturities three months or less)	959.0	1,398.0	848.0	(2,611.0)	2,035.0	(1,484.0)	(1,050.0)	3,009.0	(2,951.0)	-	-	-
Proceeds from borrowings issued (original maturities greater than three months)	1,922.0	2,671.0	780.0	5,551.0	1,988.0	3,168.0	5,323.0	4,902.0	5,287.0	-	-	-
Payments of borrowings (original maturities greater than three months)	(2,403.0)	(2,575.0)	(3,360.0)	(2,906.0)	(3,084.0)	(1,753.0)	(2,653.0)	(4,902.0)	(3,237.0)	-	-	-
Increase in total short-term borrowings	-	-	-	-	-	-	-	-	-	1,048.0	3,295.0	697.0
Proceeds from long-term borrowings	-	-	-	-	-	-	-	-	-	5,104.0	2,363.0	2,505.0
Payments of long-term borrowings	-	-	-	-	-	-	-	-	-	(2,295.0)	(1,642.0)	(1,925.0)
Proceeds from issuance of common stock	-	-	-	-	-	-	-	-	-	-	9.0	21.0
Repurchases of common stock	(197.0)	(198.0)	(302.0)	(298.0)	(397.0)	(441.0)	(805.0)	(1,094.0)	(1,328.0)	(2,117.0)	(1,289.0)	(1,257.0)
Dividends paid	(438.0)	(437.0)	(441.0)	(439.0)	(440.0)	(403.0)	(406.0)	(410.0)	(386.0)	(368.0)	(356.0)	(341.0)
Excess tax benefits from share-based compensation	-	-	-	-	-	-	-	-	-	-	-	-
Other	(44.0)	4.0	(15.0)	(33.0)	-	(10.0)	(36.0)	(22.0)	(30.0)	20.0	(24.0)	(39.0)
Net cash used for financing activities	(201.0)	863.0	(2,490.0)	(736.0)	102.0	(923.0)	373.0	1,483.0	(2,645.0)	1,362.0	2,356.0	(339.0)
Net cash provided by financing activities	-	-	-	-	-	-	-	-	-	-	-	-
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-	-	-	-	-	-	-	-	-	-	-	-
Net Increase (Decrease) in Cash and Cash Equivalents	-	-	-	-	-	-	-	-	-	-	-	-
Net Increase (Decrease) in Cash and Cash Equivalents	-	-	-	-	-	-	-	-	-	-	-	-
Effect of Exchange Rate Changes on Cash, Cash Equivalents, and Restricted Cash	(74.0)	(4.0)	98.0	88.0	107.0	(87.0)	(1.0)	(21.0)	16.0	55.0	8.0	62.0
Net Increase in Cash, Cash Equivalents, and Restricted Cash	$ 1,015.0	$ 1,062.0	$ (1,460.0)	$ 668.0	$ 1,272.0	$ (726.0)	$ 1,566.0	$ 427.0	$ (2,320.0)	$ 1,391.0	$ 1,209.0	$ (763.0)