John Deere 2012 Annual Report Download - page 25

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Deere & Company
CONSOLIDATED BALANCE SHEET
As of October 31, 2012 and 2011
(In millions of dollars except per share amounts)
2012 2011
_________ _________
ASSETS
Cash and cash equivalents..................................................................................................................................... $ 4,652.2 $ 3,647.2
Marketable securities ............................................................................................................................................ 1,470.4 787.3
Receivables from unconsolidated affiliates .............................................................................................................. 59.7 48.0
Trade accounts and notes receivable - net .............................................................................................................. 3,799.1 3,294.5
Financing receivables - net .................................................................................................................................... 22,159.1 19,923.5
Financing receivables securitized - net ................................................................................................................... 3,617.6 2,905.0
Other receivables .................................................................................................................................................. 1,790.9 1,330.6
Equipment on operating leases - net ...................................................................................................................... 2,527.8 2,150.0
Inventories ............................................................................................................................................................ 5,170.0 4,370.6
Property and equipment - net ................................................................................................................................ 5,011.9 4,352.3
Investments in unconsolidated affiliates .................................................................................................................. 215.0 201.7
Goodwill ................................................................................................................................................................ 921.2 999.8
Other intangible assets - net .................................................................................................................................. 105.0 127.4
Retirement benefits ............................................................................................................................................... 20.2 30.4
Deferred income taxes ........................................................................................................................................... 3,280.4 2,858.6
Other assets .......................................................................................................................................................... 1,465.3 1,180.5
Total Assets ........................................................................................................................................................ $ 56,265.8 $ 48,207.4
LIABILITIES AND STOCKHOLDERS’ EQUITY
LIABILITIES
Short-term borrowings ........................................................................................................................................... $ 6,392.5 $ 6,852.3
Short-term securitization borrowings ...................................................................................................................... 3,574.8 2,777.4
Payables to unconsolidated affiliates ...................................................................................................................... 13 5. 2 117.7
Accounts payable and accrued expenses ................................................................................................................ 8,988.9 7,804.8
Deferred income taxes ........................................................................................................................................... 164.4 168.3
Long-term borrowings ........................................................................................................................................... 22,453.1 16,959.9
Retirement benefits and other liabilities .................................................................................................................. 7,6 9 4.9 6,712.1
Total liabilities ........................................................................................................................................... 49,403.8 41,392.5
Commitments and contingencies (Note 22)
STOCKHOLDERS’ EQUITY
Common stock, $1 par value (authorized – 1,200,000,000 shares;
issued – 536,431,204 shares in 2012 and 2011), at paid-in amount .................................................................. 3,352.2 3,251.7
Common stock in treasury, 148,625,875 shares in 2012 and 130,361,345 shares in 2011, at cost ......................... (8,813.8) (7,292.8)
Retained earnings .................................................................................................................................................. 16,875.2 14,519.4
Accumulated other comprehensive income (loss):
Retirement benefits adjustment.......................................................................................................................... (4,759.0) (4,135.4)
Cumulative translation adjustment ...................................................................................................................... 184.1 453.8
Unrealized loss on derivatives ............................................................................................................................ (13.4) (8.3)
Unrealized gain on investments. ......................................................................................................................... 16.8 11.9
Accumulated other comprehensive income (loss) ............................................................................................ (4,571.5) (3,678.0)
Total Deere & Company stockholders’ equity .......................................................................................................... 6,842.1 6,800.3
Noncontrolling interests ......................................................................................................................................... 19.9 14.6
Total stockholders’ equity .............................................................................................................................. 6,862.0 6,814.9
Total Liabilities and Stockholders’ Equity ....................................................................................................... $ 56,265.8 $ 48,207.4
The notes to consolidated financial statements are an integral part of this statement.
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