John Deere 2010 Annual Report Download - page 54

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31. SUPPLEMENTAL CONSOLIDATING DATA (continued)
BALANCE SHEET
As of October 31, 2010 and 2009
(In millions of dollars except per share amounts)
EQUIPMENT OPERATIONS* FINANCIAL SERVICES
2010 2009 2010 2009
_________ _________ _________ _________
ASSETS
Cash and cash equivalents.................................................................................... $ 3,348.3 $ 3,689.8 $ 442.3 $ 961.9
Marketable securities ........................................................................................... 227.9 192.0
Receivables from unconsolidated subsidiaries and affi liates .................................... 1,712.6 461.4 1.6
Trade accounts and notes receivable - net ............................................................. 999.8 775.4 2,979.7 2,345.5
Financing receivables - net ................................................................................... 9.4 5.4 17,672.8 15,249.3
Restricted fi nancing receivables - net .................................................................... 2,238.3 3,108.4
Other receivables ................................................................................................. 889.5 734.4 49.4 130.8
Equipment on operating leases - net ..................................................................... 1,936.2 1,733.3
Inventories ........................................................................................................... 3,063.0 2,397.3
Property and equipment - net ............................................................................... 3,722.4 3,457.2 68.3 1,075.1
Investments in unconsolidated subsidiaries and af fi liates ........................................ 3,420. 2 3,164.6 7.0 6. 5
Goodwill ............................................................................................................... 998.6 1,036.5
Other intangible assets - net ................................................................................. 113.0 136.3 4.0
Retirement benefi ts .............................................................................................. 145.8 93.2 31.4 10.2
Deferred income taxes .......................................................................................... 2,737.1 2,932.9 103.2 91.7
Ot her as sets ......................................................................................................... 381.2 399.6 812.9 1,059.3
Assets held for sale .............................................................................................. 931.4
Total Assets ....................................................................................................... $ 21,5 40.9 $ 19,28 4.0 $ 27,506.4 $ 25,964.0
LIABILITIES AND STOCKHOLDERS’ EQUITY
LIABILITIES
Shor t-term bor rowings .......................................................................................... $ 8 5.0 $ 4 89.7 $ 7,449.5 $ 6,669.2
Payables to unconsolidated subsidiaries and affi liates ............................................ 205.2 54.9 1,673.7 422.9
Accounts payable and accrued expenses ............................................................... 5,757.1 4,614.0 1, 25 3. 3 1,262.8
Deferred income taxes .......................................................................................... 92.0 93.7 415.5 293.4
Long-term borrowings .......................................................................................... 3,328.6 3,072.5 13,485.9 14,319.2
Retirement benefi ts and other liabilities ................................................................. 5,771.6 6,138.3 43.8 36.3
Total liabilities .......................................................................................... 15,239.5 14,463.1 24,321.7 23,003.8
Commitments and contingencies (Note 22)
STOCKHOLDERS’ EQUITY
Common stock, $1 par value (authorized – 1,200,000,000 shares;
issued – 536,431,204 shares in 2010 and 2009), at paid-in amount ................ 3,106.3 2,996.2 1,722.5 1,679.1
Common stock in treasury, 114,250,815 shares in 2010
and 113,188,823 shares in 2009, at cost.......................................................... (5,789.5) (5,564.7)
Ret ained ear nings ................................................................................................. 12,353 .1 10,980.5 1,335.2 1,179.9
Accumulated other comprehensive income (loss):
Retirement benefi ts adjustment......................................................................... (3,797.0) (3,955.0)
Cumulative translation adjustment ..................................................................... 4 36.0 40 0.2 143.6 137.8
Unrealized loss on derivatives ........................................................................... (29.2) (44.1) (29.2) (44.1)
Unrealized gain on investments. ........................................................................ 10.6 5.6 10.6 5.6
Accumulated other comprehensive income (loss) .......................................... (3,379.6) (3,593.3) 125.0 99.3
Total Deere & Company stockholders’ equity ......................................................... 6,290.3 4,818.7 3,182.7 2,958.3
Noncontrolling interests ........................................................................................ 11.1 2.2 2.0 1.9
Total stockholders’ equity ............................................................................. 6,301.4 4,820.9 3,184.7 2,960.2
Total Liabilities and Stockholders’ Equity ...................................................... $ 21,540.9 $ 19,284.0 $ 27,506.4 $ 25,964.0
* Deere & Company with Financial Services on the equity basis.
The supplemental consolidating data is presented for informational purposes. The “Equipment Operations” refl ect the basis of consolidation described in
Note 1 to the consolidated fi nancial statements. The supplemental “Financial Services” data represent primarily Deere & Company’s credit operations.
Transactions between the “Equipment Operations” and “Financial Services” have been eliminated to arrive at the consolidated fi nancial statements.