John Deere 2011 Annual Report Download - page 24

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Deere & Company
CONSOLIDATED BALANCE SHEET
As of October 31, 2011 and 2010
(In millions of dollars except per share amounts)
2011 2010
_________ _________
ASSETS
Cash and cash equivalents..................................................................................................................................... $ 3 ,6 47. 2 $ 3,790.6
Marketable securities ............................................................................................................................................ 787.3 227.9
Receivables from unconsolidated affiliates .............................................................................................................. 48.0 38.8
Trade accounts and notes receivable - net .............................................................................................................. 3,294.5 3,464.2
Financing receivables - net .................................................................................................................................... 19,923.5 17,682.2
Financing receivables securitized - net ................................................................................................................... 2,905.0 2,238.3
Other receivables .................................................................................................................................................. 1,330.6 925.6
Equipment on operating leases - net ...................................................................................................................... 2,150.0 1,936.2
Inventories ............................................................................................................................................................ 4,370.6 3,063.0
Property and equipment - net ................................................................................................................................ 4,352.3 3,790.7
Investments in unconsolidated affiliates .................................................................................................................. 201.7 244.5
Goodwill ................................................................................................................................................................ 999.8 998.6
Other intangible assets - net .................................................................................................................................. 127.4 117.0
Retirement benefits ............................................................................................................................................... 30.4 146.7
Deferred income taxes ........................................................................................................................................... 2,858.6 2,47 7.1
Other assets .......................................................................................................................................................... 1,180.5 1,194.0
Assets held for sale ............................................................................................................................................... 931.4
Total Assets ........................................................................................................................................................ $ 4 8, 2 07.4 $ 43,266.8
LIABILITIES AND STOCKHOLDERS’ EQUITY
LIABILITIES
Short-term borrowings ........................................................................................................................................... $ 6,852.3 $ 5,325.7
Short-term securitization borrowings ...................................................................................................................... 2,777.4 2,208.8
Payables to unconsolidated affiliates ...................................................................................................................... 117.7 203.5
Accounts payable and accrued expenses ................................................................................................................ 7, 8 0 4. 8 6,481.7
Deferred income taxes ........................................................................................................................................... 168.3 144.3
Long-term borrowings ........................................................................................................................................... 16,959.9 16,814.5
Retirement benefits and other liabilities .................................................................................................................. 6,712.1 5,784.9
Total liabilities ........................................................................................................................................... 41,392.5 36,963.4
Commitments and contingencies (Note 22)
STOCKHOLDERS’ EQUITY
Common stock, $1 par value (authorized – 1,200,000,000 shares;
issued – 536,431,204 shares in 2011 and 2010), at paid-in amount .................................................................. 3,251.7 3,106.3
Common stock in treasury, 130,361,345 shares in 2011 and 114,250,815 shares in 2010, at cost ......................... (7,292.8) (5,789.5)
Retained earnings .................................................................................................................................................. 14,519.4 12,353.1
Accumulated other comprehensive income (loss):
Retirement benefits adjustment.......................................................................................................................... (4,135.4) ( 3,797.0 )
Cumulative translation adjustment ...................................................................................................................... 453.8 436.0
Unrealized loss on derivatives ............................................................................................................................ (8.3) (29.2)
Unrealized gain on investments. ......................................................................................................................... 11.9 10.6
Accumulated other comprehensive income (loss) ............................................................................................ (3,678.0) (3,379.6)
Total Deere & Company stockholders’ equity .......................................................................................................... 6,800.3 6,290.3
Noncontrolling interests ......................................................................................................................................... 14.6 13.1
Total stockholders’ equity .............................................................................................................................. 6,814.9 6,303.4
Total Liabilities and Stockholders’ Equity ....................................................................................................... $ 4 8 , 2 07. 4 $ 43,266.8
The notes to consolidated financial statements are an integral part of this statement.
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