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DEERE & CO

For the period ended Nov 2, 2025. Filed Dec 18, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Dec 18, 2025

DE$687.64-0.5%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Property and Depreciation

14.** PROPERTY AND **DEPRECIATION

A summary of property and equipment at November 2, 2025, and October 27, 2024, follows:

​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​
​ · ​ · Useful Lives* · ​ · ​ · ​ · ​ · ​ · ​
​ · (Years) · ​ ​2025 · ​ ​2024
Land​​​$464​$390
Buildings and building equipment22​5,679​5,168​
Machinery and equipment11​7,684​7,125​
Dies, patterns, tools, etc.8​1,995​1,797​
All other5​1,411​1,382​
Construction in progress​​​1,187​1,313​
Total at cost​​​18,420​17,175​
Less: accumulated depreciation​​​(10,341)​(9,595)​
Property and equipment – net​​$8,079$7,580​

*Weighted-averages

Property and equipment depreciation during 2025, 2024, and 2023 was$934,$898, and$838, respectively.

Property and equipment by geographic location follows:

​ · ​ · ​ · ​ · ​ · ​ · ​ · ​
​ · 2025 · 2024 · ​
U.S.​$4,198​$4,132​
Germany​1,435​1,271​
Other countries​2,446​2,177​
Total​$8,079​$7,580​
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.