John Deere 2009 Annual Report Download - page 51

31. SUPPLEMENTAL CONSOLIDATING DATA (continued)
BALANCE SHEET
As of October 31, 2009 and 2008
(In millions of dollars except per share amounts)
EQUIPMENT OPERATIONS* FINANCIAL SERVICES
2009 2008 2009 2008
_________ _________ _________ _________
ASSETS
Cash and cash equivalents.................................................................................... $ 3,689.8 $ 1,034.6 $ 961.9 $ 1,176.8
Marketable securities ........................................................................................... 799.2 192.0 178.3
Receivables from unconsolidated subsidiaries and affi liates .................................... 461.4 976.2
Trade accounts and notes receivable - net ............................................................. 775.4 1,013.8 2,345.5 2,664.6
Financing receivables - net ................................................................................... 5.4 10.4 15,249.3 16,006.6
Restricted fi nancing receivables - net .................................................................... 3,108.4 1,644.8
Other receivables ................................................................................................. 734.4 599.3 130.8 67.7
Equipment on operating leases - net ..................................................................... 1,733.3 1,638.6
Inventories ........................................................................................................... 2,397.3 3,041.8
Property and equipment - net ............................................................................... 3,457.2 2,991.1 1,075.1 1,136.6
Investments in unconsolidated subsidiaries and affi liates ........................................ 3,164.6 2,811.4 6.5 5.5
Goodwill ............................................................................................................... 1,036.5 1,224.6
Other intangible assets - net ................................................................................. 136.3 161.4
Retirement benefi ts .............................................................................................. 93.2 1,101.6 10.2 5.4
Deferred income taxes .......................................................................................... 2,932.9 1,479.4 91.7 80.2
Other assets ......................................................................................................... 399.6 456.7 1,059.3 519.6
_________ _________ _________ _________
Total Assets ....................................................................................................... $ 19,28 4.0 $ 17,701.5 $ 25,964.0 $ 25,124.7
_________ _________ _________ _________
_________ _________ _________ _________
LIABILITIES AND STOCKHOLDERS’ EQUITY
LIABILITIES
Short-term borrowings .......................................................................................... $ 489.7 $ 217.9 $ 6,669.2 $ 8,302.7
Payables to unconsolidated subsidiaries and affi liates ............................................ 54.9 169.2 422.9 931.5
Accounts payable and accrued expenses ............................................................... 4,614.0 5,6 75.8 1,2 6 2.8 1,165.2
Deferred income taxes .......................................................................................... 93.7 99.8 293.4 191.0
Long-term borrowings .......................................................................................... 3,072.5 1,991.5 14,319.2 11,906.9
Retirement benefi ts and other liabilities ................................................................. 6,140.5 3,014.6 38.2 34.8
_________ _________ _________ _________
Total liabilities .......................................................................................... 14,465.3 11,168.8 23,005.7 22,532.1
_________ _________ _________ _________
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 1,679.1 1,617.1
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 1,179.9 979.3
Accumulated other comprehensive income (loss):
Retirement benefi ts adjustment......................................................................... (3,955.0) (1,418.4)
Cumulative translation adjustment ..................................................................... 40 0.2 7 3.4 137.8 39.2
Unrealized loss on derivatives ........................................................................... (44.1) (40.1) (44.1) (40.1)
Unrealized gain (loss) on investments. ............................................................... 5.6 (2.2) 5.6 (2.9)
_________ _________ _________ _________
Accumulated other comprehensive income (loss) .......................................... (3,593.3) (1,387.3) 99.3 (3.8)
_________ _________ _________ _________
Total stockholders’ equity ......................................................................... 4,818.7 6,532.7 2,958.3 2,592.6
_________ _________ _________ _________
Total Liabilities and Stockholders’ Equity ...................................................... $ 19,284.0 $ 17,701.5 $ 25,964.0 $ 25,124.7
_________ _________ _________ _________
_________ _________ _________ _________
* 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.
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