DEERE & CO
For the period ended Oct 27, 2024. Filed Dec 12, 2024.
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FY2024 · Filed Dec 12, 2024
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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Other Income and Other Operating Expenses
9. OTHER INCOME AND OTHER OPERATING EXPENSES
The major components of other income and other operating expenses consisted of the following:
| | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|
| · 2024 · 2023 · 2022 | ||||||||||
| Other income: · · · · · · · | ||||||||||
| Revenues from services | | $367 | | $312 | | $283 | | |||
| Extended warranty premiums earned | | | 310 | | | 312 | | | 289 | |
| Trademark licensing income | | | 88 | | | 95 | | | 89 | |
| Operating lease disposition gains | | 19 | | 33 | | 72 | | |||
| Gain on previously held equity investment | | | | | | | | | 326 | |
| Investment income | | 127 | | 29 | | 14 | | |||
| Other | | 287 | | 222 | | 222 | | |||
| Total | | $1,198 | | $1,003 | | $1,295 | | |||
| | | | | | | | | | | |
| Other operating expenses: | | | | | | | | | | |
| Depreciation of equipment on operating leases | | $874 | | $853 | | $827 | | |||
| Extended warranty claims | | 340 | | 309 | | 267 | | |||
| Cost of services | | 248 | | 227 | | 214 | | |||
| Pension and OPEB benefit, excluding the service cost component | | | (333) | | | (286) | | | (218) | |
| Foreign exchange loss | | | 71 | | | 122 | | | 132 | |
| Other | | 57 | | 67 | | 53 | | |||
| Total | | $1,257 | | $1,292 | | $1,275 | | |||
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