DEERE & CO
For the period ended Oct 27, 2024. Filed Dec 12, 2024.
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FY2024 · Filed Dec 12, 2024
DE$691.28+2.9%Stored close · as of Nov 9, 2026
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Other Assets
16. OTHER ASSETS
Other assets at October 27, 2024 and October 29, 2023 consisted of the following:
| | | | | | | | |
|---|---|---|---|---|---|---|---|
| · 2024 · 2023 · | |||||||
| Operating lease asset (Note 24) | | $274 | | $283 | | ||
| Capitalized software, net | | | 504 | | 450 | | |
| Investment in unconsolidated affiliates | | | 122 | | 126 | | |
| Deferred charges (including prepaids) | | | 412 | | | 426 | |
| Derivative assets (Note 26) | | | 357 | | | 292 | |
| Prepaid taxes | | | 238 | | | 167 | |
| Parts return asset | | | 141 | | | 127 | |
| Restricted cash | | | 193 | | | 162 | |
| Matured lease & repossessed inventory | | | 106 | | | 59 | |
| Other | | | 559 | | | 411 | |
| Other Assets | | $2,906 | | $2,503 | | ||
Capitalized software has an estimated useful life ofthree years. Amortization of these software costs in 2024, 2023, and 2022 was$180,$144, and$117, respectively.
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