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DEERE & CO

For the period ended Oct 27, 2024. Filed Dec 12, 2024.

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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.

FY2024 · Filed Dec 12, 2024

DE$691.28+2.9%Stored close · as of Nov 9, 2026

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

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Contents

Goodwill and Other Intangible Assets ‒ Net

15. GOODWILL AND OTHER INTANGIBLE ASSETS – NET

The changes in amounts of goodwill by operating segments were as follows. There wereno accumulated goodwill impairment losses.

​​​​​​​​​​​​​​
​ · PPA · SAT · CF · Total
October 30, 2022​$646​$318​$2,723​$3,687
Acquisitions (Note 3)​​41​​40​​​​​81​
Translation adjustments and other​​15​​5​​112​132​
October 29, 2023​​702​​363​​2,835​3,900​
Translation adjustments and other​​(1)​​2​​58​59​
October 27, 2024​$701​$365​$2,893​$3,959​

The components of other intangible assets were as follows:

​​​​​​​​
​ · 2024 · 2023
Customer lists and relationships​$508​$501
Technology, patents, trademarks, and other​1,423​1,387​
Total at cost​1,931​1,888​
Less accumulated amortization:​​​​​
Customer lists and relationships​​(231)​​(195)​
Technology, patents, trademarks, and other​​(701)​​(560)​
Total accumulated amortization​​(932)​​(755)​
Other intangible assets – net$999$1,133​

Actual amortization expense for the past three years and the estimated amortization expense for the next five years follows:

​​​​​
Year · ​ · Amortization · ​
2022​$145​
2023​​169​
2024​​166​
Estimated – 2025​​146​
2026​​128​
2027​​121​
2028​​87​
2029​​74​
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.