Deere & Company (DE) balance sheet

NYSE · Industrials · Agricultural - Machinery · 73,100 employees · CEO John C. May

Price: $675.48 +2.35%
Market cap: $182B
Enterprise value: $237B
Last report: Q3 '26 filed 2026-08-27
Next report: 2026-11-25 EPS est. $4.07

At the end of Q3 '26 Deere & Company (DE) held $10.3B in cash and short-term investments against $64.2B of debt incl. leases. Total assets $108B, total liabilities $79.6B, shareholders' equity $28B.

Balance sheet

Balance sheet	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Assets
Cash & equivalents	$7.46B	$5.14B	$5.55B	$7B	$7.32B	$6.6B	$7.99B	$8.58B	$8.28B	$6.8B	$7.91B	$8.93B
Short-term investments	$946M	$1.14B	$1.09B	$1.14B	$1.15B	$32M	$1.27B	$1.41B	$1.41B	$1.4B	$1.43B	$1.35B
Receivables	$58.8B	$59.9B	$64B	$61.9B	$58.4B	$57.6B	$60.5B	$60.8B	$57.1B	$8.4B	$10.2B	$10.2B
Inventory	$8.22B	$8.94B	$8.44B	$7.7B	$7.2B	$7.74B	$7.87B	$7.71B	$7.51B	$8.29B	$8.19B	$7.81B
Other current assets	$829M	$0	$0	$2.97B	$3.39B	$2.93B	$0	$0	$329M	$0	$0	$0
Current assets	$76.4B	$75.1B	$79B	$80.7B	$77.7B	$74.9B	$77.7B	$78.5B	$74.9B	$24.9B	$27.7B	$28.3B
Property, plant & equipment (net)	$14.2B	$13.7B	$14B	$14.2B	$15.4B	$14.6B	$14.9B	$15.2B	$16.2B	$15.6B	$15.5B	$8.01B
Long-term investments	$126M	$0	$0	$0	$122M	$1.18B	$0	$0	$510M	$49.7B	$49B	$0
Goodwill	$3.9B	$3.97B	$3.94B	$3.96B	$3.96B	$3.87B	$4.09B	$4.21B	$4.19B	$4.28B	$4.51B	$4.47B
Intangible assets	$1.58B	$1.11B	$1.06B	$1.03B	$1.5B	$937M	$964M	$926M	$1.36B	$880M	$975M	$940M
Deferred tax assets	$1.81B	$1.83B	$1.94B	$1.9B	$2.09B	$1.85B	$2.09B	$2.21B	$2.28B	$2.27B	$2.36B	$2.34B
Other non-current assets	$6.09B	$5.67B	$5.65B	$6.03B	$6.54B	$5.83B	$6.62B	$6.74B	$6.6B	$5.81B	$6.91B	$0
Non-current assets	$27.7B	$26.2B	$26.6B	$27.1B	$29.7B	$28.3B	$28.7B	$29.3B	$31.1B	$78.6B	$79.3B	$15.8B
Total assets	$104B	$101B	$106B	$108B	$107B	$103B	$106B	$108B	$106B	$103B	$107B	$108B
Liabilities
Accounts payable	$3.47B	$3.18B	$2.97B	$2.58B	$2.7B	$2.39B	$2.79B	$2.72B	$2.99B	$3.22B	$3.52B	$3.45B
Accrued expenses	$5.71B	$4.76B	$5.32B	$5.7B	$5.55B	$4.73B	$5.04B	$5.18B	$5.33B	$530M	$799M	$1.14B
Short-term debt	$24.9B	$23.2B	$24.6B	$23.1B	$21.9B	$20.8B	$23.5B	$22.2B	$20.4B	$21B	$21.9B	$23.6B
Taxes payable	$1.56B	$1.36B	$1.45B	$1.5B	$1.51B	$1.11B	$1.22B	$0	$0	$0	$0	$0
Deferred revenue	$1.13B	$1.16B	$1.28B	$1.25B	$1.24B	$1.33B	$1.42B	$1.39B	$1.37B	$1.44B	$1.5B	$1.41B
Other current liabilities	$1.13B	$744M	$1.01B	$2.39B	$2.41B	$2.58B	$614M	$0	$120M	$6.02B	$6.41B	$6.32B
Current liabilities	$38.9B	$35.5B	$37.7B	$37.6B	$36.4B	$34B	$35.7B	$33.9B	$32.5B	$33.2B	$35.2B	$36.9B
Long-term debt	$38.5B	$39.9B	$41B	$42.7B	$43.2B	$43.6B	$42.8B	$44.4B	$43.5B	$41.8B	$42.3B	$40.6B
Deferred tax liabilities	$520M	$550M	$491M	$481M	$478M	$448M	$496M	$489M	$434M	$434M	$422M	$411M
Other non-current liabilities	$4.29B	$3.22B	$3.66B	$3.96B	$4.28B	$2.52B	$2.93B	$3.71B	$3.56B	$1.63B	$1.64B	$1.65B
Non-current liabilities	$43.3B	$43.7B	$45.1B	$47.1B	$48B	$46.5B	$46.2B	$48.6B	$47.5B	$43.9B	$44.3B	$42.7B
Total liabilities	$82.2B	$79.2B	$82.8B	$84.7B	$84.4B	$80.6B	$81.9B	$82.6B	$80B	$77.1B	$79.5B	$79.6B
Equity
Common stock & paid-in capital	$5.3B	$5.34B	$5.39B	$5.44B	$5.49B	$5.53B	$5.57B	$5.62B	$5.67B	$5.72B	$5.78B	$5.83B
Retained earnings	$50.9B	$52.3B	$54.2B	$55.6B	$56.4B	$56.8B	$58.2B	$59B	$59.7B	$59.9B	$61.2B	$62.2B
Accumulated other comprehensive income	-$3.11B	-$2.86B	-$3.17B	-$3.37B	-$3.71B	-$4.17B	-$3.41B	-$3.11B	-$3.03B	-$2.67B	-$2.77B	-$2.98B
Shareholders' equity	$21.8B	$22.1B	$22.7B	$23.1B	$22.8B	$22.5B	$24.3B	$25.2B	$26B	$26.3B	$27.4B	$28B
Debt
Total debt (incl. leases)	$63.7B	$63.5B	$65.9B	$66.1B	$65.5B	$64.7B	$66.6B	$66.6B	$63.9B	$62.8B	$64.2B	$64.2B
Net debt (debt - cash)	$56.2B	$58.3B	$60.4B	$59.1B	$58.1B	$58.1B	$58.6B	$58.1B	$55.7B	$56B	$56.3B	$55.3B

Balance sheet	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	$4.34B	$9.33B	$3.9B	$3.86B	$7.07B	$8.02B	$4.77B	$7.46B	$7.32B	$8.28B
Short-term investments	$454M	$452M	$490M	$581M	$641M	$728M	$734M	$946M	$1.15B	$1.41B
Receivables	$31.9B	$33.2B	$36.1B	$38.9B	$38.7B	$42.7B	$49B	$58.8B	$58.4B	$57.1B
Inventory	$3.34B	$3.9B	$6.15B	$5.98B	$5B	$6.84B	$8.54B	$8.22B	$7.2B	$7.51B
Other current assets	$0	$0	$0	$0	$0	$121M	$876M	$829M	$3.39B	$329M
Current assets	$40B	$46.9B	$46.6B	$49.3B	$51.4B	$58.6B	$64.1B	$76.4B	$77.7B	$74.9B
Property, plant & equipment (net)	$11.1B	$11.7B	$13B	$13.5B	$13.1B	$13.2B	$13.1B	$14.2B	$15.4B	$16.2B
Long-term investments	$233M	$183M	$207M	$215M	$193M	$175M	$117M	$126M	$122M	$510M
Goodwill	$816M	$1.03B	$3.1B	$2.92B	$3.08B	$3.29B	$3.69B	$3.9B	$3.96B	$4.19B
Intangible assets	$104M	$218M	$1.56B	$1.38B	$1.33B	$1.56B	$1.59B	$1.58B	$1.5B	$1.36B
Deferred tax assets	$2.96B	$2.42B	$808M	$1.47B	$1.5B	$1.04B	$824M	$1.81B	$2.09B	$2.28B
Other non-current assets	$2.74B	$3.36B	$4.75B	$4.23B	$4.52B	$6.25B	$6.63B	$6.09B	$6.54B	$6.6B
Non-current assets	$17.9B	$18.9B	$23.5B	$23.7B	$23.7B	$25.5B	$25.9B	$27.7B	$29.7B	$31.1B
Total assets	$57.9B	$65.8B	$70.1B	$73B	$75.1B	$84.1B	$90B	$104B	$107B	$106B
Liabilities
Accounts payable	$1.6B	$2.07B	$2.47B	$2B	$1.93B	$3.17B	$3.89B	$3.47B	$2.7B	$2.99B
Accrued expenses	$2.71B	$2.77B	$3.26B	$3.37B	$3.26B	$4.28B	$4.93B	$5.71B	$5.55B	$5.33B
Short-term debt	$11.9B	$14.2B	$15B	$15.1B	$13.2B	$15.5B	$18.3B	$24.9B	$21.9B	$20.4B
Taxes payable	$0	$503M	$836M	$734M	$730M	$933M	$1.26B	$1.56B	$1.51B	$0
Deferred revenue	$1.14B	$1.32B	$1.55B	$1.64B	$1.65B	$991M	$956M	$1.13B	$1.24B	$1.37B
Other current liabilities	$52M	$55M	$63M	$61M	$60M	$228M	$1.34B	$1.13B	$2.41B	$120M
Current liabilities	$18.4B	$21.8B	$24.2B	$23.9B	$22.4B	$26.3B	$31.7B	$38.9B	$36.4B	$32.5B
Long-term debt	$23.7B	$25.9B	$27.2B	$30.2B	$32.6B	$32.9B	$33.6B	$38.5B	$43.2B	$43.5B
Lease obligations (non-current)	$0	$0	$0	$51M	$153M	$40M	$30M	$0	$0	$0
Deferred tax liabilities	$166M	$210M	$556M	$495M	$519M	$576M	$495M	$520M	$478M	$434M
Other non-current liabilities	$9.14B	$8.28B	$6.79B	$6.95B	$6.5B	$5.84B	$3.87B	$4.29B	$4.28B	$3.56B
Non-current liabilities	$33B	$34.4B	$34.6B	$37.7B	$39.8B	$39.3B	$38B	$43.3B	$48B	$47.5B
Total liabilities	$51.4B	$56.2B	$58.8B	$61.6B	$62.1B	$65.7B	$69.7B	$82.2B	$84.4B	$80B
Equity
Common stock & paid-in capital	$3.91B	$4.28B	$4.47B	$4.64B	$4.9B	$5.05B	$5.17B	$5.3B	$5.49B	$5.67B
Retained earnings	$23.9B	$25.3B	$27.6B	$29.9B	$31.6B	$36.4B	$42.2B	$50.9B	$56.4B	$59.7B
Accumulated other comprehensive income	-$5.63B	-$4.56B	-$4.43B	-$5.61B	-$5.54B	-$2.54B	-$3.06B	-$3.11B	-$3.71B	-$3.03B
Shareholders' equity	$6.52B	$9.56B	$11.3B	$11.4B	$12.9B	$18.4B	$20.3B	$21.8B	$22.8B	$26B
Debt
Total debt (incl. leases)	$35.6B	$40B	$42.3B	$45.3B	$46.3B	$48.7B	$52.2B	$63.7B	$65.5B	$63.9B
Net debt (debt - cash)	$31.3B	$30.7B	$38.4B	$41.5B	$39.2B	$40.7B	$47.4B	$56.2B	$58.1B	$55.7B

Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.

Cash, investments and debt

quarter ends

The other statements

Income statementRevenue, costs, operating income, net income and EPSOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-08-02, 10-Q 2026-05-03, 10-Q 2026-02-01, 10-K 2025-11-02, 10-Q 2025-07-27, 10-Q 2025-04-27, 10-Q 2025-01-26, 10-K 2024-10-27, 10-Q 2024-07-28

Data as of 2026-11-01