John Deere 2009 Annual Report Download - page 24

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24
Deere & Company
CONSOLIDATED BALANCE SHEET
As of October 31, 2009 and 2008
(In millions of dollars except per share amounts)
2009 2008
_________ _________
ASSETS
Cash and cash equivalents..................................................................................................................................... $ 4,651.7 $ 2,211.4
Marketable securities ............................................................................................................................................ 192.0 977.4
Receivables from unconsolidated affi liates .............................................................................................................. 38.4 44.7
Trade accounts and notes receivable - net .............................................................................................................. 2,616.9 3,234.6
Financing receivables - net .................................................................................................................................... 15,254.7 16,017.0
Restricted fi nancing receivables - net ..................................................................................................................... 3,108.4 1,644.8
Other receivables .................................................................................................................................................. 864.5 664.9
Equipment on operating leases - net ...................................................................................................................... 1,733.3 1,638.6
Inventories ............................................................................................................................................................ 2,397.3 3,041.8
Property and equipment - net ................................................................................................................................ 4,532.2 4,127.7
Investments in unconsolidated affi liates .................................................................................................................. 212.8 224.4
Goodwill ................................................................................................................................................................ 1,036.5 1,224.6
Other intangible assets - net .................................................................................................................................. 136.3 161.4
Retirement benefi ts ............................................................................................................................................... 94.4 1,106.0
Deferred income taxes ........................................................................................................................................... 2,804.8 1,440.6
Other assets .......................................................................................................................................................... 1,458.4 974.7
_________ _________
Total Assets ........................................................................................................................................................ $ 41,132.6 $ 38,734.6
_________ _________
_________ _________
LIABILITIES AND STOCKHOLDERS’ EQUITY
LIABILITIES
Short-term borrowings ........................................................................................................................................... $ 7,158.9 $ 8,520.5
Payables to unconsolidated affi liates ...................................................................................................................... 55.0 169.2
Accounts payable and accrued expenses ................................................................................................................ 5,371.4 6,393.6
Deferred income taxes ........................................................................................................................................... 167.3 171.8
Long-term borrowings ........................................................................................................................................... 17,391.7 13,898.5
Retirement benefi ts and other liabilities .................................................................................................................. 6,169.6 3,048.3
_________ _________
Total liabilities ........................................................................................................................................... 36,313.9 32,201.9
_________ _________
Commitments and contingencies (Note 22)
STOCKHOLDERS’ EQUITY
Common stock, $1 par value (authorized – 1,200,000,000 shares;
issued – 536,431,204 shares in 2009 and 2008), at paid-in amount ................................................................. 2,996.2 2,934.0
Common stock in treasury, 113,188,823 shares in 2009 and 114,134,933 shares in 2008, at cost ......................... (5,564.7) (5,594.6)
Retained earnings .................................................................................................................................................. 10,980.5 10,580.6
Accumulated other comprehensive income (loss):
Retirement benefi ts adjustment.......................................................................................................................... (3,955.0) (1,418.4)
Cumulative translation adjustment ...................................................................................................................... 400.2 73.4
Unrealized loss on derivatives ............................................................................................................................ (44.1) (40.1)
Unrealized gain (loss) on investments. ................................................................................................................ 5.6 (2.2)
_________ _________
Accumulated other comprehensive income (loss) ............................................................................................ (3,593.3) (1,387.3)
_________ _________
Total stockholders’ equity .......................................................................................................................... 4,818.7 6,532.7
_________ _________
Total Liabilities and Stockholders’ Equity ....................................................................................................... $ 41,132.6 $ 38,734.6
_________ _________
_________ _________
The notes to consolidated fi nancial statements are an integral part of this statement.