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31. SUPPLEMENTAL CONSOLIDATING DATA (continued)
BALANCE SHEET
As of October 31, 2015 and 2014
(In millions of dollars except per share amounts)
EQUIPMENT OPERATIONS* FINANCIAL SERVICES
2015 2014 2015 2014
ASSETS
Cash and cash equivalents ............................................................................ $ 2,900.0 $ 2,569.2 $ 1,262.2 $ 1,217.8
Marketable securities .................................................................................. 47.7 700.4 389.7 514.7
Receivables from unconsolidated subsidiaries and affiliates ................................. 2,428.7 3,663.9
Trade accounts and notes receivable – net....................................................... 485.2 706.0 3,553.1 3,554.4
Financing receivables – net ........................................................................... .9 18.5 24,808.1 27,403.7
Financing receivables securitized – net ............................................................ 4,834.6 4,602.3
Other receivables........................................................................................ 849.5 848.0 152.9 659.0
Equipment on operating leases – net .............................................................. 4,970.4 4,015.5
Inventories ................................................................................................ 3,817.0 4,209.7
Property and equipment – net....................................................................... 5,126.2 5,522.5 55.3 55.3
Investments in unconsolidated subsidiaries and affiliates .................................... 4,817.6 5,106.5 10.5 10.9
Goodwill ................................................................................................... 726.0 791.2
Other intangible assets – net ........................................................................ 63.6 64.8 4.0
Retirement benefits .................................................................................... 211.9 263.5 25.0 32.9
Deferred income taxes ................................................................................. 3,092.0 2,981.9 67.9 64.9
Other assets .............................................................................................. 807.3 850.6 779.1 648.2
Total Assets.............................................................................................. $ 25,373.6 $ 28,296.7 $ 40,908.8 $ 42,783.6
LIABILITIES AND STOCKHOLDERS’ EQUITY
LIABILITIES
Short-term borrowings ................................................................................ $ 464.3 $ 434.1 $ 7,962.3 $ 7,585.1
Short-term securitization borrowings .............................................................. 4,590.0 4,558.5
Payables to unconsolidated subsidiaries and affiliates ........................................ 80.6 101.0 2,395.4 3,633.7
Accounts payable and accrued expenses.......................................................... 6,801.2 7,518.4 1,511.2 2,027.0
Deferred income taxes ................................................................................. 86.8 87.1 466.6 344.1
Long-term borrowings ................................................................................. 4,460.6 4,642.5 19,372.2 19,738.2
Retirement benefits and other liabilities .......................................................... 6,722.5 6,448.1 86.4 82.8
Total liabilities ................................................................................. 18,616.0 19,231.2 36,384.1 37,969.4
Commitments and contingencies (Note 22)
STOCKHOLDERS’ EQUITY
Common stock, $1 par value (authorized – 1,200,000,000 shares;
issued – 536,431,204 shares in 2015 and 2014), at paid-in amount .................. 3,825.6 3,675.4 2,050.8 2,023.1
Common stock in treasury, 219,743,893 shares in 2015
and 190,926,805 shares in 2014, at cost ..................................................... (15,497.6) (12,834.2)
Retained earnings....................................................................................... 23,144.8 22,004.4 2,764.8 2,811.8
Accumulated other comprehensive income (loss) ............................................... (4,729.4) (3,783.0) (290.9) (20.7)
Total Deere & Company stockholders’ equity .................................................... 6,743.4 9,062.6 4,524.7 4,814.2
Noncontrolling interests............................................................................... 14.2 2.9
Total stockholders’ equity ......................................................................... 6,757.6 9,065.5 4,524.7 4,814.2
Total Liabilities and Stockholders’ Equity...................................................... $ 25,373.6 $ 28,296.7 $ 40,908.8 $ 42,783.6
* Deere & Company with Financial Services on the equity basis.
The supplemental consolidating data is presented for informational purposes. The ‘‘Equipment Operations’’ reflect the basis of consolidation described in Note 1 to
the consolidated financial statements. Transactions between the ‘‘Equipment Operations’’ and ‘‘Financial Services’’ have been eliminated to arrive at the
consolidated financial statements.
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