Component: (Network and Table) | |
---|---|
Network | 4220 - Disclosure - COMMITMENTS AND CONTINGENCIES (Details) (http://www.deere.com/role/DisclosureCommitmentsAndContingenciesDetails) |
Table | (Implied) |
Reporting Entity [Axis] | 0000315189 (http://www.sec.gov/CIK) |
COMMITMENTS AND CONTINGENCIES | Period [Axis] | |
---|---|---|
2012-11-01 - 2013-10-31 | 2011-11-01 - 2012-10-31 | |
COMMITMENTS AND CONTINGENCIES | ||
Historical claims rate, review period | P5Y | |
Unamortized extended warranty premiums (deferred revenue) | 342,000,000 | 292,000,000 |
Change in Warranty Liability and Unearned Premiums | ||
Beginning of year balance | 1,025,000,000 | 892,000,000 |
Payments | (736,000,000) | (580,000,000) |
Amortization of premiums received | (120,000,000) | (100,000,000) |
Accruals for warranties | 821,000,000 | 666,000,000 |
Premiums received | 170,000,000 | 164,000,000 |
Foreign exchange | 4,000,000 | (17,000,000) |
End of year balance | 1,164,000,000 | 1,025,000,000 |