| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-08-02 | other | completed | 2026-07-08 | United States | Corporate | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Settlement with FTC and plaintiff states regarding repair resources for farmers and independent repair providers. | ||||
| 2026-08-02 | other | completed | 1 | 2026-07-17 | United States | Executive | USD 6 (millions) | other f5-10q / Qwen3.6-27B-Q8_0 | Separation of Kellye Walker. Total severance consideration includes $1M initial payment and $5.17M contingent payment. | ||
| 2026-02-01 | acquisition_addition | announced | 2026-02-18 | United States | Construction & Forestry (CF) | USD 440 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Tenna LLC, a U.S. construction technology company, for $440 million net of cash acquired; no employee count disclosed and purchase price allocation not yet completed. | |||
| 2025-11-02 | layoff | completed | United States | Hourly employees | USD 18 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Curtailment expense of $18 million recognized in fiscal 2025 related to U.S. hourly employee layoffs; number of employees affected not disclosed. Charge is pension curtailment expense, not severance. | ||||
| 2025-11-02 | acquisition_addition | completed | Assigned to PPA, SAT, and CF segments | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Several small-scale technology acquisitions completed in 2025, including purchase of the remaining interest in an equity method investment; combined purchase price consideration of $115 million. Headcount added not disclosed. | ||||||
| 2025-11-02 | restructuring | completed | 2024-07-01 | Global | Salaried workforce | USD 157 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Employee-separation programs implemented in Q3 2024 for salaried workforce in US, Europe, Asia, and Latin America. Pretax expense of $157 million recorded in 2024. Filer does not disclose specific headcount affected. | |||
| 2025-07-27 | restructuring | completed | 2025-02-01 | Brazil | Financial Services | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Deconsolidation of Banco John Deere S.A. (BJD) following sale of 50% ownership to Bradesco. BJD was reclassified as held for sale in Q3 2024. No specific headcount reduction disclosed for the deconsolidation in this filing. | ||||
| 2024-10-27 | restructuring | in_progress | United States, Europe, Asia, and Latin America | Salaried workforce across PPA, SAT, CF, and FS segments | USD 157 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Implemented in fiscal Q3 2024; exact announcement date not disclosed. Total program pretax expense estimated at ~$165M, of which $157M ($124M after-tax) was recorded in FY2024; $130M paid in 2024 and $27M expected to be paid in 2025. Remaining expenses relate to international locations and are expected to be recorded in 2025. FY2024 operating-profit impact by segment: PPA $77M, SAT $43M, CF $22M, FS $10M, plus $5M non-operating. No employee headcount affected was disclosed. | ||||
| 2024-10-27 | restructuring | in_progress | 2024-07-01 | 2025-10-27 | Global (US, Europe, Asia, Latin America) | Salaried Workforce | USD 165 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Employee-separation programs for salaried workforce implemented in Q3 2024. Total pretax expenses estimated at $165 million; $157 million recorded in 2024. Annual pretax savings estimated at $220 million. | ||
| 2024-07-28 | restructuring | in_progress | United States, Europe, Asia, Latin America | Production and Precision Agriculture | USD 62 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Implemented during Q3 2024; specific announcement date not disclosed. Salaried workforce program to reduce overlap and redundancy; largely involuntary. PPA share of expense: cost of sales $18M, R&D $19M, SG&A $25M. Program total pretax expense estimated ~$150M, with $124M recorded in Q3 2024; remainder expected primarily in 2025. $30M paid in Q3 2024. Estimated annual pretax savings ~$230M, ~$100M in 2024. Employees affected not disclosed. | ||||
| 2024-07-28 | restructuring | in_progress | United States, Europe, Asia, Latin America | Small Agriculture and Turf | USD 29 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Same Q3 2024 salaried employee-separation program as other records (shared announcement timing). SAT share of expense: cost of sales $9M, R&D $6M, SG&A $14M. Employees affected not disclosed. | ||||
| 2024-07-28 | restructuring | in_progress | United States, Europe, Asia, Latin America | Construction and Forestry | USD 20 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Same Q3 2024 salaried employee-separation program as other records (shared announcement timing). CF share of expense: cost of sales $8M, R&D $1M, SG&A $11M. Employees affected not disclosed. | ||||
| 2024-07-28 | restructuring | in_progress | United States, Europe, Asia, Latin America | Financial Services | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Same Q3 2024 salaried employee-separation program as other records (shared announcement timing). FS share recorded in SG&A. Excludes a separate $15M BJD held-for-sale remeasurement charge. Employees affected not disclosed. | ||||
| 2024-07-28 | restructuring | in_progress | United States, Europe, Asia, Latin America | Corporate | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Non-operating portion of the Q3 2024 separation-program expense, which the filing states relates primarily to corporate expenses. Segment records plus this record sum to the disclosed $124M Q3 2024 program expense. Employees affected not disclosed. | ||||
| 2024-07-28 | restructuring | in_progress | 2024-07-28 | 2025-10-31 | Global (United States, Europe, Asia, Latin America) | Salaried workforce | USD 124 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Employee-separation programs implemented in Q3 2024 to reduce overlap and redundancy. Total pretax expenses estimated at $150M; $124M recorded in Q3. Remaining expenses expected primarily in 2025. Annual pretax savings estimated at $230M. | ||
| 2023-10-29 | acquisition_addition | completed | United States | PPA and SAT segments | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | In fiscal 2023 Deere acquired SparkAI Inc. (assigned to PPA) and Smart Apply, Inc. (assigned to SAT) to accelerate smart technology integration; combined cost was $82 million net of $2 million cash acquired, with most of the purchase price allocated to goodwill. Headcount added was not disclosed; no announcement date given beyond 'in 2023'. | |||||
| 2023-10-29 | divestiture_reduction | completed | Russia | Construction and Forestry (roadbuilding) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Roadbuilding business in Russia sold in October 2023; total assets at sale were $32 million and a pretax and after-tax loss of $18 million was recorded in other operating expenses. Headcount removed was not disclosed. | |||||
| 2023-10-29 | divestiture_reduction | completed | Russia | Financial Services (leasing) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Financial services business in Russia sold to Insight Investment Group in March 2023 for $36 million net of restricted cash sold; no additional gains or losses recorded. Headcount removed was not disclosed. | |||||
| 2023-10-29 | voluntary_separation | completed | 2022-03-01 | Russia | Construction and Forestry | Item 1. Business - Human Capital - Employees f5-10k / Qwen3.6-27B-Q8_0 | U.S. senior management initiated a voluntary employee-separation program in Russia in 2022 due to events in Russia/Ukraine. Specific headcount not disclosed. | ||||
| 2023-07-30 | voluntary_separation | completed | 2023-04-01 | 2023-07-30 | Canada | Financial Services | USD 36 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Canada pension plan paid premium to insurance company to transfer benefit obligations for majority of retired participants; recognized $36 million pre-tax pension settlement charge. | ||
| 2022-10-30 | other | completed | 10,000 | 2021-10-14 | 2021-11-17 | United States | Production and maintenance (14 U.S. facilities) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Strike began Oct 14, 2021 (FY2021) and ended Nov 17, 2021 (FY2022). Adversely affected FY2022 Q1 results due to reduced production and shipments. New CBA includes $8,500 ratification bonus per employee ($90M total) and 10% immediate wage increase. | ||
| 2022-10-30 | voluntary_separation | in_progress | Russia | Russian operations (equipment and financial services) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Initiated in response to suspension of shipments to Russia. Employee count and severance amount not separately disclosed; part of $255M total Russia/Ukraine pretax expense. | |||||
| 2022-10-30 | acquisition_addition | completed | 2022-02-01 | 2022-02-28 | Austria | Battery technology (Kreisel Electric Inc.) | USD 276 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Total cash purchase price $276M. Headcount added not disclosed. | ||
| 2022-10-30 | acquisition_addition | completed | 2022-03-01 | 2022-03-31 | United States | Construction and Forestry (three former Deere-Hitachi JV excavator factories) | USD 690 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Total invested capital $690M including $444M fair value of previously held equity investment. Headcount added not disclosed. | ||
| 2022-10-30 | acquisition_addition | completed | 2022-10-30 | 2022-10-30 | United States | Multiple (AgriSync, SurePoint, GUSS Automation, Light, InnerPlant) | USD 134 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Combined cost of five smaller acquisitions in 2022. Headcount added not disclosed. | ||
| 2022-10-30 | voluntary_separation | completed | 2022-02-24 | Russia | Item 1A. Risk Factors f5-10k / Qwen3.6-27B-Q8_0 | Senior management initiated a voluntary employee-separation program which reduced overall headcount in Russia following suspension of shipments. | |||||
| 2022-07-31 | other | completed | 2021-11-17 | United States | UAW-represented employees at 14 U.S. facilities | USD 90 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six-year collective bargaining agreement ratified by UAW-represented employees. Includes a lump-sum ratification bonus of $8,500 per eligible employee totaling $90 million, expensed in the first quarter of fiscal 2022, plus an immediate 10 percent wage increase. Number of covered employees not disclosed. | |||
| 2022-07-31 | voluntary_separation | in_progress | Russia | Russia operations (production and precision agriculture, construction and forestry, financial services) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program initiated during the third quarter of 2022; specific initiation date, participant count, and completion timing not disclosed. Related nine-month charges comprise $1 million in cost of sales and $8 million in selling, administrative and general expenses, both recognized in Q3 2022. | |||||
| 2022-07-31 | acquisition_addition | completed | 2022-02-07 | Austria | Allocated across production and precision agriculture, small agriculture and turf, and construction and forestry segments | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Majority-interest acquisition of Kreisel Electric Inc. (battery technology); headcount added not disclosed. Total cash purchase price $276 million. | ||||
| 2022-07-31 | acquisition_addition | completed | 2022-02-28 | Construction and forestry | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired full ownership of three former Deere-Hitachi joint venture factories with new license and supply agreements; headcount added not disclosed and factory locations not stated. Total invested capital $690 million. | |||||
| 2022-07-31 | acquisition_addition | completed | Production and precision agriculture, small agriculture and turf, construction and forestry | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | AgriSync, 80 percent stakes in SureFire entities, a 40 percent equity investment in GUSS Automation, and Light acquired during the first nine months of fiscal 2022; individual closing dates and headcount added not disclosed. Combined cost $124 million net of cash acquired. | ||||||
| 2022-07-31 | voluntary_separation | in_progress | 2022-07-31 | Russia | Production & Precision Ag, Small Ag & Turf, Construction & Forestry, Financial Services | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company initiated voluntary employee-separation program in Russia during Q3 2022. Charge includes $1M in Cost of Sales and $7M in SA&G expenses. Employee count not disclosed. | |||
| 2022-07-31 | other | completed | 2021-11-17 | United States | Production & Precision Ag, Small Ag & Turf, Construction & Forestry | USD 90 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | UAW collective bargaining agreement ratification bonus of $90 million expensed in Q1 2022. Covers UAW-represented employees at 14 U.S. facilities. Employee count not disclosed. | |||
| 2022-05-01 | other | completed | 2021-11-17 | United States | UAW-represented employees at 14 U.S. facilities | USD 90 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six-year agreement ratified Nov 17, 2021; $8,500 per-employee ratification bonus totaling $90M expensed in Q1 FY2022; 10% immediate wage increase. Disclosed in current filing's special items note. | |||
| 2022-05-01 | acquisition_addition | completed | 2022-02-07 | Austria | Production & Precision Ag / Small Ag & Turf / Construction & Forestry (to be allocated) | USD 276 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Majority ownership in Kreisel Electric Inc., immersion-cooled battery technology. Total cash purchase price $276M. No employee headcount disclosed. | |||
| 2022-05-01 | acquisition_addition | completed | 2022-02-28 | United States / Japan (Deere-Hitachi JV factories) | Construction & Forestry | USD 690 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Full ownership of three former Deere-Hitachi JV factories; total invested capital $690M. No employee headcount disclosed. | |||
| 2022-05-01 | acquisition_addition | completed | United States | Production & Precision Ag / Small Ag & Turf / Construction & Forestry | USD 109 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | AgriSync Inc., 80% of SureFire Ag Systems/Electronics, 40% equity in GUSS Automation. Combined cost $109M net of cash. Acquired during first six months of FY2022; no specific dates or headcount disclosed. | ||||
| 2022-01-30 | other | completed | 2021-11-17 | United States | UAW-represented employees at 14 U.S. facilities | USD 90 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six-year collective bargaining agreement ratified; includes $8,500 per-employee ratification bonus ($90M total) and immediate 10% wage increase. Remeasurement of U.S. hourly pension plan decreased funded status by ~$495M and will increase 2022 pension expense by ~$80M. | |||
| 2022-01-30 | other | completed | 2021-11-17 | United States | Manufacturing | USD 90 (millions) | other f5-10q / Qwen3.6-27B-Q8_0 | UAW ratification bonus payment of $8,500 per eligible employee, totaling $90 million, expensed in Q1 2022. | |||
| 2022-01-30 | acquisition_addition | announced | 2022-02-07 | Austria | Production & Precision Ag, Small Ag & Turf, Construction & Forestry | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquired majority ownership in Kreisel Electric, Inc. Headcount not disclosed. | ||||
| 2021-10-31 | other | completed | 10,000 | 2021-10-14 | 2021-11-17 | United States | Production and maintenance employees at 14 U.S. facilities | USD 90 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | UAW strike affecting more than 10,000 workers; ended with a new six-year collective bargaining agreement including an $8,500 per-employee ratification bonus (totaling $90 million, expensed in Q1 FY2022) and a 10 percent immediate wage increase; strike reduced Q4 FY2021 production and shipments and is expected to adversely affect results for the three months ending January 30, 2022 | |
| 2021-10-31 | acquisition_addition | completed | 2021-08 | United States | Production and precision agriculture | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Bear Flag Robotics, Inc. to advance autonomous tractor technology; total cash purchase price of $225 million net of cash acquired plus $25 million of post-acquisition compensation; acquired headcount not disclosed | ||||
| 2021-10-31 | acquisition_addition | announced | 2021-08-19 | United States; Canada; Brazil | Construction and forestry | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Dissolution agreement to terminate the Hitachi excavator joint venture; company will purchase all Hitachi shares in JV entities in Kernersville NC, Langley BC, and Indaiatuba Brazil and assume substantially all their liabilities and debt; initial cash consideration of $275 million; expected to close in the first half of fiscal 2022; affected headcount not disclosed | ||||
| 2021-10-31 | acquisition_addition | announced | 2021-12-14 | Austria | Allocated across production and precision agriculture, small agriculture and turf, and construction and forestry | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire majority ownership in battery technology provider Kreisel Electric, Inc.; total cash consideration of EUR 221 million paid from cash on hand; expected to close in the first half of fiscal 2022; affected headcount not disclosed | ||||
| 2021-10-31 | voluntary_separation | completed | 2020-11-01 | 2021-10-31 | Global | Salaried workforce | USD 335 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Programs implemented in 2020 for salaried workforce in U.S., Europe, Asia, and Latin America to improve efficiency. Total pretax expenses of $335 million recorded in 2020. | ||
| 2021-10-31 | plant_closure | completed | 2020-11-01 | 2021-10-31 | China | Small Agriculture and Turf | USD 20 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Factory closure in China producing small agricultural equipment. $20 million pretax cost of sales recorded in 2020. | ||
| 2021-10-31 | other | completed | 10,000 | 2021-10-14 | 2021-11-17 | United States | Production and Maintenance | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | UAW labor strike affecting more than 10,000 workers at 14 U.S. facilities. Strike ended after new collective bargaining agreement approved on November 17, 2021. | ||
| 2020-11-01 | restructuring | in_progress | United States, Europe, Asia, and Latin America | Agriculture and Turf | USD 225 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2020 pretax expense for salaried-workforce separation programs, largely voluntary, aimed at a leaner organization. Employees affected not disclosed. | ||||
| 2020-11-01 | restructuring | in_progress | United States, Europe, Asia, and Latin America | Construction and Forestry | USD 54 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2020 pretax expense component of the same salaried-workforce separation program. Employees affected not disclosed. | ||||
| 2020-11-01 | restructuring | in_progress | United States, Europe, Asia, and Latin America | Financial Services | USD 15 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2020 pretax expense component recorded in selling, administrative and general expenses. Employees affected not disclosed. | ||||
| 2020-11-01 | restructuring | in_progress | United States, Europe, Asia, and Latin America | Corporate | USD 41 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Unallocated component of the $335M total program expense; primarily non-cash OPEB plan curtailment charges of $34M plus other corporate expenses recorded outside operating profit. Approximately $6M of the curtailment charge was recorded by financial services. | ||||
| 2020-11-01 | plant_closure | in_progress | China | Agriculture and Turf | USD 20 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | China agricultural equipment factory closure: $15M non-cash impairment of other receivables, property and intangible assets plus $5M severance payments, both recorded in cost of sales. Employees affected and completion timing not disclosed. | ||||
| 2020-11-01 | acquisition_addition | completed | 2020-09 | Brazil | Agriculture and Turf | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired Unimil, a Brazilian sugarcane-harvester after-sales parts business based in Piracicaba, for $66M cash net of cash acquired plus $14M assumed liabilities. Headcount added not disclosed. | ||||
| 2020-11-01 | divestiture_reduction | completed | 2020-09 | Germany | Agriculture and Turf | USD 24 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the German lawn mower business with no cash proceeds; the $24M charge is the pretax and after-tax loss on sale including transaction costs, not a severance charge. Headcount removed not disclosed. | |||
| 2020-11-01 | restructuring | completed | 2020-01-01 | 2022-11-01 | Global (U.S., Europe, Asia, Latin America) | Salaried workforce | USD 335 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Total pretax expenses of $335 million. Programs largely voluntary. Total program payments $301 million ($166 million paid in 2020, $135 million to be disbursed over two years). Estimated annual savings of $250 million. | ||
| 2020-08-02 | voluntary_separation | completed | 2020 | United States | U.S. salaried workforce | USD 138 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Broad voluntary separation program announced in Q1 2020; total pretax expense about $138M, with final $2M recorded in Q3 2020; includes a $21M non-cash OPEB curtailment charge outside operating profit; payments substantially made in Q1; estimated annual savings about $85M, roughly $65M expected in 2020. No affected-employee count disclosed. | |||
| 2020-08-02 | voluntary_separation | announced | 2020 | USD 175 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additional employee-separation programs announced during Q3 and early Q4 2020 as part of an organizational-efficiency initiative; cash payments based on years of service; estimated total pretax expense about $175M with estimated annual savings about $175M; expenses expected to be recorded primarily in Q4 2020. No affected-employee count disclosed. | |||||
| 2020-08-02 | plant_closure | completed | 2020-08-02 | China | Agriculture and turf — small agricultural equipment | USD 4 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Factory producing small agricultural equipment in China closed at the end of Q3 2020; $4M pretax and after-tax severance charge plus a $9M pretax and after-tax non-cash impairment of other receivables, property, and intangible assets, both recorded in cost of sales. No affected-employee count disclosed. | |||
| 2020-08-02 | divestiture_reduction | announced | 2020 | 2020 | Germany | Agriculture and turf — walk-behind lawn mower business | USD 24 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement reached in Q3 2020 to sell the German walk-behind lawn mower business, expected to close in fiscal Q4 2020; $24M pretax and after-tax impairment to realizable value recorded in other operating expenses; $19M of assets reclassified to other assets and $25M of liabilities recorded in accounts payable and accrued expenses. No affected-employee count disclosed. | ||
| 2020-08-02 | voluntary_separation | completed | 2020-01-01 | 2020-08-02 | United States | Salaried workforce | USD 138 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Broad voluntary employee-separation program for U.S. salaried workforce announced in Q1 2020. Total pretax expenses were approximately $138 million. Final $2 million recorded in Q3. Payments substantially made in Q1. | ||
| 2020-08-02 | voluntary_separation | announced | 2020-08-01 | 2020-11-01 | Global | Various | USD 175 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Additional employee-separation programs announced in Q3/early Q4 2020 to improve organizational efficiency. Estimated total pretax expenses about $175 million. Expenses expected to be recorded primarily in Q4 2020. | ||
| 2020-05-03 | voluntary_separation | in_progress | United States | U.S. salaried workforce | USD 138 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced during fiscal Q1 2020 (exact date not disclosed); cash payments based on years of service, with payments substantially made in Q1 2020. Total estimated pretax expense approximately $138 million, of which $9 million recorded in Q2 and $136 million in the first half of 2020; includes a $21 million non-cash OPEB curtailment charge recorded outside operating profit. First-half expense in operating profit of $113 million allocated 36% cost of sales, 16% R&D, 48% SG&A, and 74% to agriculture and turf, 24% to construction and forestry, 2% to financial services. Estimated annual savings approximately $85 million, about $65 million expected in 2020. Number of employees affected not disclosed. | ||||
| 2020-05-03 | voluntary_separation | in_progress | 2020-01-01 | United States | Salaried workforce | USD 138 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Broad voluntary employee-separation program for U.S. salaried workforce announced in Q1 2020. Total estimated pretax expenses are approximately $138 million, of which $9 million was recorded in Q2 and $136 million in the first half of 2020. Includes $21 million non-cash curtailment charge. | |||
| 2020-02-02 | voluntary_separation | in_progress | United States | U.S. salaried workforce | USD 136 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Broad voluntary separation program announced during Q1 FY2020; total estimated pretax expense approximately $136 million, of which $127 million was recorded in Q1 (including a $21 million non-cash OPEB curtailment charge recorded outside operating profit) with the remaining $9 million to be recorded over the remainder of fiscal 2020. Payments were substantially made in Q1. Expense allocation within operating profit: 37% cost of sales, 15% R&D, 48% SG&A; by segment 75% agriculture and turf, 23% construction and forestry, 2% financial services. Estimated annual savings approximately $85 million, about $65 million in 2020. Number of employees affected not disclosed; no announcement date or completion date stated. | ||||
| 2020-02-02 | voluntary_separation | in_progress | 2020-02-02 | United States | Salaried workforce | USD 136 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Broad voluntary employee-separation program for U.S. salaried workforce. Total estimated pretax expenses are approximately $136 million, of which $127 million was recorded in the first quarter. Includes $21 million non-cash OPEB curtailment loss. | |||
| 2019-11-03 | restructuring | completed | 2019-11-03 | Specific functions and geographic areas (not specified) | Allocated 62% agriculture and turf, 8% construction and forestry, 30% financial services | USD 30 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Programs completed during fiscal 2019 for specific functions and geographic areas; cash payments based on years of service, primarily recorded in Q4 2019. Estimated savings of approximately $30 million in 2020. Employees affected not disclosed. | |||
| 2019-11-03 | divestiture_reduction | completed | 2019-10 | 2019-10-31 | Canada | Construction and forestry retail locations | USD 15 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of company-owned construction and forestry retail locations in Canada (October 2019); $15 million accrued for transaction expenses and related costs, pretax loss of approximately $5 million. Headcount removed not disclosed. | ||
| 2019-11-03 | other | announced | Brazil | Aftermarket service parts (sugarcane harvesters) | USD 95 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement entered October 2019 to acquire Unimil (R$375 million, ~US$95 million); expected to close in six to ten months, pending regulatory approval. Not yet completed as of fiscal year-end; headcount impact not disclosed. | ||||
| 2019-11-03 | voluntary_separation | announced | Not specified | Company-wide | USD 140 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Broad voluntary employee-separation program announced in Q1 fiscal 2020 (after November 3, 2019 year-end); expenses expected to be recorded primarily in Q1 2020. MD&A estimates total pretax expenses of about $140 million with annual savings of about $115 million; Note 31 states about $120 million pretax with annual savings of about $90 million. Employees affected not disclosed. | ||||
| 2019-11-03 | voluntary_separation | completed | 2019-10-01 | 2019-11-03 | Global | Various | USD 30 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Programs completed during 2019 designed for specific functions and geographic areas. Expenses recorded primarily in Q4 2019. Estimated annual savings of $30 million in 2020. | ||
| 2019-11-03 | voluntary_separation | announced | 2020-01-01 | Global | Various | USD 140 (millions) | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Broad voluntary employee-separation program announced in Q1 2020. Total pretax expenses estimated at $140 million with annual savings of $115 million. | |||
| 2018-10-28 | acquisition_addition | completed | 8,200 | 2017-12 | Germany (global operations) | Construction and Forestry | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Wirtgen Group acquired December 2017 for a cash purchase price of $5,136 million; approximately 8,200 employees at the acquisition date. Acquisition falls within fiscal 2018. | |||
| 2018-10-28 | acquisition_addition | completed | 2018-09-26 | Argentina (with facilities in Brazil) | Agriculture and Turf | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of sprayer, planter and specialty products manufacturer; headcount added not disclosed. | ||||
| 2018-10-28 | acquisition_addition | completed | 2018-03 | Spain (production facility in Argentina) | Agriculture and Turf | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of carbon fiber technology products manufacturer; headcount added not disclosed. | ||||
| 2018-10-28 | divestiture_reduction | completed | 2018-05 | United States (Michigan, Minnesota, Wisconsin) | Construction and Forestry | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of construction and forestry retail locations; headcount removed not disclosed. | ||||
| 2018-10-28 | divestiture_reduction | completed | 2017-11 | United States (Florida) | Construction and Forestry | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of construction and forestry retail locations; headcount removed not disclosed. Falls within fiscal 2018. | ||||
| 2018-10-28 | acquisition_addition | completed | 8,200 | 2017-12-01 | 2017-12-01 | Global | Construction and Forestry | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Wirtgen Group in December 2017 added approximately 8,200 employees. | ||
| 2018-10-28 | voluntary_separation | completed | 2016-10-01 | 2017-10-29 | Global | All Segments | USD 102 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Program announced in Q4 2016. $102 million expense recorded in fiscal 2017. Savings estimated at $70 million in 2017. | ||
| 2018-07-29 | acquisition_addition | completed | 8,200 | 2017-12-01 | Germany (global operations in 100+ countries) | Construction and Forestry | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Wirtgen had approximately 8,200 employees at the acquisition date; results included in construction and forestry segment beginning December 1, 2017. | |||
| 2018-07-29 | divestiture_reduction | completed | 2017-11-01 | United States (Florida) | Construction and Forestry (retail locations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of construction and forestry retail locations in Florida; total assets of $93 million at time of sale. No employee count disclosed. | ||||
| 2018-07-29 | divestiture_reduction | completed | 2018-05-01 | United States (Michigan, Minnesota, Wisconsin) | Construction and Forestry (retail locations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of seven construction and forestry retail locations; total assets of $74 million at time of sale. No employee count disclosed. | ||||
| 2018-07-29 | acquisition_addition | completed | 2018-03-01 | Spain / Argentina | Agriculture and Turf | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of King Agro, a carbon fiber technology products manufacturer. No employee count disclosed. | ||||
| 2018-07-29 | acquisition_addition | announced | 2018-07-31 | 2018-10-31 | Argentina / Brazil | Agriculture and Turf | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire PLA (sprayers, planters, specialty products); cash purchase price approximately $75 million; expected to close in Q4 fiscal 2018. No employee count disclosed. | |||
| 2018-07-29 | acquisition_addition | completed | 8,200 | 2017-12-01 | Global | Construction and Forestry | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Wirtgen Group Holding GmbH on December 1, 2017. Wirtgen had approximately 8,200 employees at the acquisition date. | |||
| 2018-07-29 | acquisition_addition | completed | 2018-03-01 | Spain, Argentina | Agriculture and Turf | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of King Agro in March 2018. Headcount not explicitly disclosed. | ||||
| 2018-04-29 | acquisition_addition | completed | 8,200 | 2017-12-01 | Germany (global operations in 100+ countries) | Construction and Forestry | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Wirtgen Group had approximately 8,200 employees at the acquisition date of December 1, 2017; results included in construction and forestry segment with a 30-day lag. | |||
| 2018-04-29 | divestiture_reduction | completed | 2017-11-01 | Florida, United States | Construction and Forestry | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of construction and forestry retail locations in Florida; no employee count disclosed. Total assets at sale were $93 million. | ||||
| 2018-04-29 | divestiture_reduction | announced | 2018-05-01 | Michigan, Minnesota, and Wisconsin, United States | Construction and Forestry | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Subsequent-event sale of seven construction and forestry retail locations; no employee count disclosed. Total assets approximately $90 million at time of sale. | ||||
| 2018-04-29 | acquisition_addition | completed | 8,200 | 2017-12-01 | Global | Construction and Forestry | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Wirtgen Group Holding GmbH. Wirtgen had approximately 8,200 employees at the acquisition date. | |||
| 2018-04-29 | acquisition_addition | completed | 2018-03-01 | Spain, Argentina | Agriculture and Turf | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of King Agro. Headcount not explicitly disclosed. | ||||
| 2018-01-28 | acquisition_addition | completed | 8,200 | 2017-12-01 | Germany (global operations in 100+ countries) | Construction and Forestry | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Wirtgen Group had approximately 8,200 employees at acquisition; results included in construction and forestry segment from 2017-12-01. | |||
| 2018-01-28 | divestiture_reduction | completed | 2017-11-01 | Florida, United States | Construction and Forestry (retail locations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of construction and forestry retail locations in Florida; no employee count disclosed. | ||||
| 2018-01-28 | acquisition_addition | completed | 8,200 | 2017-12-01 | Global | Construction and Forestry | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Wirtgen Group Holding GmbH on Dec 1, 2017. Wirtgen has approximately 8,200 employees. | |||
| 2017-10-29 | voluntary_separation | in_progress | Worldwide | Agriculture and turf (75%), construction and forestry (17%), financial services (8%) — by segment allocation of expense | USD 102 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program announced in Q4 of fiscal 2016; $102 million pretax expense recorded in fiscal 2017 (total program cost $113 million, of which $11 million was in fiscal 2016). Cash payments based on years of service; savings estimated at approximately $70 million in 2017. Number of employees separated not disclosed. | ||||
| 2017-10-29 | acquisition_addition | completed | 8,200 | 2017-05-31 | 2017-12-01 | Germany (headquarters); operations in more than 100 countries | Construction and forestry | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Wirtgen Group acquisition closed 2017-12-01, after fiscal year end; approximately 8,200 employees added. Cash purchase price was EUR 4,475 million (about USD 5,327 million). Purchase price allocation not yet completed at filing. | ||
| 2017-10-29 | voluntary_separation | completed | 2016-10-30 | Global | Agriculture and Turf, Construction and Forestry, Financial Services | USD 102 (millions) | Item 1. Business - Special Items f5-10k / Qwen3.6-27B-Q8_0 | Program announced in Q4 2016. Total pretax expenses were $113 million ($11 million in 2016, $102 million in 2017). Savings estimated at $70 million in 2017. Employee count not disclosed. | |||
| 2017-10-29 | acquisition_addition | completed | 8,200 | 2017-12-01 | Global | Construction and Forestry | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Wirtgen Group closed Dec 1, 2017. Wirtgen has approximately 8,200 employees. | |||
| 2017-07-30 | voluntary_separation | in_progress | 2016-10 | 2017-10 | Global | All segments (allocated ~74% agriculture and turf, ~18% construction and forestry, ~8% financial services) | USD 113 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Programs announced in fiscal Q4 2016; total pretax expense ~$113M ($11M in FY2016 Q4, $94M in Q1 2017, $5M in Q2, $2M in Q3, $1M remaining in Q4 2017). Payments substantially made in Q1 2017. No employee count disclosed. Expense allocation: ~30% cost of sales, 16% R&D, 54% SG&A. Estimated 2017 savings ~$70M. | ||
| 2017-07-30 | acquisition_addition | announced | 8,000 | 2017-05-31 | 2017-12-31 | Germany (global operations, sales in 100+ countries) | Construction and forestry (road construction equipment) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed 2017-05-31 to acquire Wirtgen Group for €4,357M cash (~$5,087M); estimated total transaction value ~€4,600M. Wirtgen has approximately 8,000 employees. Expected to close in fiscal Q1 2018; either party may terminate if not closed by 2018-02-28. Headcount figure is target-company count at announcement, not yet added to Deere's workforce. | ||
| 2017-07-30 | voluntary_separation | in_progress | 2016-10-30 | 2017-10-30 | Global | All segments | USD 113 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Voluntary employee-separation programs announced in Q4 2016. Total pretax expenses approx $113 million. $111 million recognized in first three quarters of 2017; $1 million to be recognized in Q4 2017. Payments substantially made in Q1 2017. | ||
| 2017-04-30 | voluntary_separation | in_progress | 2016-11-01 | 2017-10-31 | Global | Consolidated (approximately 74% agriculture and turf, 18% construction and forestry, 8% financial services) | USD 113 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Programs announced in Q4 FY2016; $11M recorded in Q4 2016, $94M in Q1 2017, $5M in Q2 2017, with $3M remaining over the rest of FY2017. Payments substantially made in Q1 2017. Estimated savings ~$70M in 2017. Number of employees affected not disclosed. | ||
| 2017-04-30 | voluntary_separation | in_progress | 2016-10-30 | 2017-10-30 | Worldwide | All segments | USD 113 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Program announced in Q4 2016. Total pretax expenses approx $113M. $94M recorded in Q1 2017, $5M in Q2 2017, $3M to be recognized in remainder of FY2017. Savings estimated at $70M in 2017. | ||
| 2017-01-29 | voluntary_separation | in_progress | 2016-10-30 | 2017-10-31 | Global | Primarily agriculture and turf operations (75% of 2017 expense allocation); also construction and forestry (17%) and financial services (8%) | USD 111 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Programs announced in Q4 2016; $11M recorded in Q4 2016, $94M in Q1 2017, $6M to be recognized over remainder of FY2017. Payments substantially made in Q1 2017. Estimated savings ~$70M in 2017. No employee headcount disclosed. | ||
| 2017-01-29 | voluntary_separation | in_progress | 2016-10-30 | 2017-10-31 | Global | All segments | USD 111 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Program announced in Q4 2016. $94M recorded in Q1 2017, $6M to be recognized in remainder of FY2017. Payments substantially made in Q1 2017. Savings estimated at $70M in 2017. | ||
| 2016-10-31 | voluntary_separation | in_progress | 2016-10-31 | 2017-01-31 | Worldwide | Primarily agriculture and turf (75% of 2017 expense), construction and forestry (17%), financial services (8%) | USD 111 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Voluntary employee separation programs announced during Q4 2016; $11M pretax recorded in Q4 2016 and approximately $100M primarily in Q1 2017; payments substantially made in Q1 2017; expected savings approximately $70M in 2017; headcount not disclosed; announcement date shown as fiscal Q4 2016 end | ||
| 2016-10-31 | acquisition_addition | completed | 2016-03-01 | 2016-03-31 | United States (Clarion, Iowa) | Agriculture and turf — high-clearance sprayers | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired 80 percent interest in Hagie Manufacturing Company, LLC for approximately $53M net of cash; acquired headcount not disclosed; month only stated | |||
| 2016-10-31 | acquisition_addition | completed | 2016-02-01 | 2016-02-29 | France and United States (four facilities in France, two in the U.S.) | Agriculture and turf — precision planters | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired Monosem for approximately $146M net of cash; acquired headcount not disclosed; month only stated | |||
| 2016-10-31 | voluntary_separation | in_progress | 2016-10-31 | 2017-01-31 | Worldwide | All segments | USD 111 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Voluntary employee separation programs announced in Q4 2016 to reduce operating costs. Total pretax expenses estimated at $111 million ($11 million recorded in Q4 2016, $100 million expected in Q1 2017). Savings expected to be approximately $70 million in 2017. Employee count not disclosed. | ||
| 2015-10-31 | divestiture_reduction | completed | 2015-03 | 2015-03 | United States | Financial Services (Crop Insurance operations) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of John Deere Insurance Company and John Deere Risk Protection, Inc. to Farmers Mutual Hail Insurance Company of Iowa; headcount not disclosed | |||
| 2015-10-31 | acquisition_addition | announced | 2015-11 | 2016-06-30 | Europe / United States | Agriculture and Turf | USD 325 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Post-fiscal-year-end announcement of agreements to acquire Monosem (European precision planters) and Precision Planting LLC; total estimated purchase price net of cash acquired, expected to close in first half of 2016; headcount not disclosed | ||
| 2015-04-30 | divestiture_reduction | completed | 2015-03-31 | 2015-03-31 | United States | Financial Services (Crop Insurance operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of John Deere Insurance Company and John Deere Risk Protection, Inc. closed March 2015; filing discloses no affected-employee count. | |||
| 2015-01-31 | divestiture_reduction | announced | 2014-12-01 | 2015-04-30 | United States | Financial Services (Crop Insurance operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell John Deere Insurance Company and John Deere Risk Protection, Inc. to Farmers Mutual Hail Insurance Company of Iowa; expected close by April 2015. No headcount figure disclosed. | |||
| 2014-10-31 | divestiture_reduction | completed | 2013-12 | 2013-12 | United States | Agriculture and turf (John Deere Landscapes) | USD 45 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of 60 percent of John Deere Landscapes closed December 2013; deconsolidated January 2014 with 40 percent retained as equity investment. Charge shown is the pretax write-down to realizable value of assets held for sale; no employee count disclosed. | ||
| 2014-10-31 | divestiture_reduction | completed | 2014-05 | 2014-05 | International | Agriculture and turf (John Deere Water operations) | USD 62 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Water operations stock and certain assets to FIMI Opportunity Funds closed May 2014 for approximately $35 million, with a $10 million pretax loss plus $62 million pretax impairments recorded in 2014; no employee count disclosed. | ||
| 2014-10-31 | divestiture_reduction | announced | 2014-12 | 2015-03 | United States | Financial services (Crop Insurance operations) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement signed December 2014 to sell John Deere Insurance Company and John Deere Risk Protection, Inc. to Farmers Mutual Hail Insurance Company of Iowa; projected close by March 2015. Operations had approximately $725 million total assets and $605 million total liabilities at 2014-10-31; no significant gain or loss anticipated and no employee count disclosed. | |||
| 2014-07-31 | divestiture_reduction | completed | 2014-04-30 | 2014-05-31 | Global | Agriculture and turf (John Deere Water operations) | USD 36 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Assets classified as held for sale at April 30, 2014; sale to FIMI Opportunity Funds closed May 2014 (exact date not disclosed). $36 million pretax impairment to fair value less cost to sell, plus $10 million pretax loss on sale. No employee count disclosed. | ||
| 2014-01-31 | divestiture_reduction | completed | 2013-12-31 | 2013-12-31 | United States | Agriculture and Turf (John Deere Landscapes) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of 60% of John Deere Landscapes, LLC closed in December 2013; Company deconsolidated the business as of January 2014 and retained a 40% equity interest. No employee count disclosed. | |||
| 2014-01-31 | divestiture_reduction | announced | 2014-02-26 | United States | Agriculture and Turf (John Deere Water operations) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement entered February 26, 2014 to sell Water operations to FIMI Opportunity Funds; announced after quarter close. Total assets of $105 million and liabilities of $46 million at January 31, 2014. No employee count disclosed. | ||||
| 2013-10-31 | divestiture_reduction | in_progress | 2013-10 | United States and Canada | Agriculture and Turf (John Deere Landscapes) | USD 45 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Investment agreement with Clayton, Dubilier & Rice for sale of 60% of John Deere Landscapes; assets classified held for sale at October 31, 2013. Charge is a non-cash write-down of the operations to realizable value, not severance. Landscapes operates approximately 400 branch locations; headcount impact not disclosed. | |||
| 2013-10-31 | acquisition_addition | completed | 2013-09 | United States (Paton, Iowa) | Agriculture and Turf | USD 84 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Bauer Built Manufacturing Inc., a planter manufacturer, for approximately $84 million; purchase price, not a workforce charge. Employees added through the acquisition are not disclosed. | |||
| 2011-10-31 | divestiture_reduction | completed | 2010-12-01 | 2010-12-31 | United States | Financial Services (wind energy business) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of John Deere Renewables, LLC for approximately $900 million completed December 2010 (within FY2011). Headcount removed through the disposition is not disclosed. | |||
| 2011-10-31 | acquisition_addition | completed | 2010-12-01 | 2010-12-31 | United States | Agriculture and Turf (replacement parts) | USD 48 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of the remaining 64 percent interest in A&I Products, Inc. for approximately $48 million, completed December 2010 (within FY2011). Headcount added is not disclosed; charge value is purchase price, not a severance or restructuring charge. | ||
| 2011-10-31 | plant_closure | completed | 2008-09 | 2009-12-31 | Welland, Ontario, Canada | Agriculture and Turf | USD 112 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of Welland manufacturing facility announced in Sept 2008. Production transferred to Horicon, WI and Monterrey/Saltillo, Mexico. Factory discontinued manufacturing in Q4 2009. Total expenses recognized in cost of sales were $112 million pretax through 2010. Expenditures in 2011 were not significant. | ||
| 2011-10-31 | voluntary_separation | completed | 2009-07 | Global | Agriculture and Turf | USD 91 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Voluntary employee separations related to combining agricultural and commercial/consumer equipment segments into agriculture and turf segment effective beginning of Q3 2009. Pretax expenses of $91 million recognized in 2009. | |||
| 2010-10-31 | plant_closure | in_progress | 2008-09 | Welland, Ontario, Canada | Agriculture and turf (utility vehicles and attachments) | USD 15 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Manufacturing facility closure announced September 2008 with production transferred to Horicon, Wisconsin and Monterrey and Saltillo, Mexico; factory discontinued manufacturing in Q4 2009. $15 million of total closure expenses recognized in cost of sales during fiscal 2010 (cumulative program expense $112 million); $4 million employee termination benefit liability remained at year end. Number of employees affected not disclosed. | |||
| 2010-10-31 | divestiture_reduction | announced | 2010-08 | 2010-12-10 | United States | Credit segment — John Deere Renewables, LLC (wind energy business) | USD 35 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell the wind energy business signed August 2010; assets classified as held for sale and written down $35 million pretax at fiscal year end; sale closed 2010-12-10 for approximately $900 million, after fiscal year end. Headcount associated with the divested business not disclosed. | ||
| 2010-10-31 | restructuring | completed | 2008-09 | 2010-10-31 | Canada, United States, Mexico | Agriculture and Turf | USD 15 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of Welland, Ontario facility announced in Sept 2008. Production transferred to Horicon, WI and Monterrey/Saltillo, Mexico. $15 million pretax expense recognized in 2010. Factory discontinued manufacturing in Q4 2009. | ||
| 2010-10-31 | voluntary_separation | completed | 2009-07 | 2009-10-31 | Global | Agriculture and Turf | USD 91 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Voluntary separations related to new organizational structure effective beginning of Q3 2009. $91 million pretax expense recognized in 2009. | ||
| 2010-07-31 | plant_closure | in_progress | 2008-09 | Welland, Ontario, Canada | Agriculture and Turf | USD 6 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Manufacturing ceased in Q4 2009; remaining $6M future expenses relate to pension and other postretirement benefits. Employee termination benefits liability of $5M remained at quarter-end. No employee count disclosed. | |||
| 2010-07-31 | restructuring | in_progress | Agriculture and Turf | USD 57 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of equipment manufacturing facility. Total pretax cash expenditures approx $57 million. Remaining liability for employee termination benefits was $5 million at July 31, 2010. | |||||
| 2010-04-30 | plant_closure | in_progress | 2008-09 | Welland, Ontario, Canada (production transferred to Horicon, Wisconsin, U.S. and Monterrey and Saltillo, Mexico) | Agriculture and turf (utility vehicles and attachments) | USD 111 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Total expected closure expense of $111 million recognized in cost of sales: $49M in 2008, $48M in 2009, $8M in first six months 2010, $6M future. Manufacturing ceased in Q4 2009; remaining employee termination benefits liability was $7 million at 2010-04-30. No employee headcount affected is disclosed. Total pretax cash expenditures estimated at approximately $58 million; annual pretax earnings/cash flow benefit in 2010 expected to be approximately $40 million. | |||
| 2010-04-30 | restructuring | in_progress | Agriculture and Turf | USD 58 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of a facility in the Agriculture and Turf segment. Total pretax cash expenditures associated with this closure are approximately $58 million. Remaining liability for employee termination benefits at April 30, 2010 was $7 million. | |||||
| 2010-01-31 | plant_closure | completed | 2008-09 | Welland, Ontario, Canada | Agriculture and turf (utility vehicles and attachments) | USD 109 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Production transferred to Horicon, Wisconsin and Monterrey/Saltillo, Mexico; manufacturing ceased in Q4 2009. Total closure expense $109M (incl. $25M employee termination benefits, $7M still future); no affected-employee headcount disclosed. $11M termination-benefit liability remained at 2010-01-31. | |||
| 2010-01-31 | restructuring | in_progress | 2009-04 | Agriculture and turf segment (combination of agricultural equipment and commercial/consumer equipment organizations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Segment combination effective start of Q3 FY2009; a related separation program is expected to yield annual savings of $50M to $60M in 2010. No employee counts or charge amounts disclosed. | |||||
| 2010-01-31 | plant_closure | in_progress | 2008-09-01 | Welland, Ontario, Canada | Agriculture and Turf | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Welland manufacturing facility announced in Sept 2008. Factory discontinued manufacturing in Q4 2009. $5M expense recognized in Q1 2010 (pension/postretirement benefits and other expenses). Total program cost $109M. Employee termination benefits liability of $11M remained at Jan 31, 2010. | |||
| 2009-10-31 | plant_closure | completed | 2008-09-30 | 2009-10-31 | Welland, Ontario, Canada | Agriculture and turf (utility vehicles and attachments) | USD 48 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Announced September 2008; factory discontinued manufacturing in Q4 2009. $48 million is the 2009 portion of a $105 million total program (2008-2010), including $7 million employee termination benefits, $27 million pension/OPEB, $3 million asset impairment and $11 million other. No affected-employee headcount disclosed; remaining termination-benefit liability was $14 million at year end. | ||
| 2009-10-31 | voluntary_separation | in_progress | 2009-04-30 | Not specified | Agriculture and turf segment (organizational combination of agricultural equipment and commercial/consumer equipment segments) | USD 91 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pretax expense recognized in 2009, roughly 60 percent cost of sales and 40 percent SG&A; annual savings of $50-60 million expected in 2010. No headcount of separating employees disclosed. | |||
| 2009-10-31 | acquisition_addition | completed | 2008-11-30 | 2008-11-30 | Springfield, Missouri, United States | Remanufacturing (ReGen Technologies, LLC — remaining 50 percent interest acquired for $42 million) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition completed in November 2008 (fiscal 2009 first quarter); headcount added through the transaction is not disclosed. | |||
| 2009-10-31 | voluntary_separation | completed | 2009-04-01 | Worldwide | Agriculture and Turf | USD 91 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Pretax expenses of $91 million related to combining agricultural equipment and commercial/consumer segments. | |||
| 2009-10-31 | plant_closure | in_progress | 2008-09-01 | 2010-12-31 | Welland, Ontario, Canada | Agriculture and Turf | USD 48 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of Welland facility; $48 million expense recognized in 2009. Total expected expense $105 million. | ||
| 2009-07-31 | plant_closure | in_progress | 2008-09 | 2009-12-31 | Welland, Ontario, Canada | Agriculture and turf (utility vehicles and attachments) | USD 97 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Production transferring to Horicon, Wisconsin and Monterrey/Saltillo, Mexico. Total expected expenses $97M ($49M in FY2008, $17M in nine months 2009, $31M remaining); includes $25M employee termination benefits. Remaining termination-benefit liability $21M at 2009-07-31. No employee count disclosed. | ||
| 2009-07-31 | voluntary_separation | in_progress | 2009-04 | 2009-12-31 | Not specified | Agriculture and turf segment (combined agricultural equipment and commercial and consumer equipment organizations) | USD 16 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Voluntary employee separations tied to April 2009 segment reorganization; $16M pretax charge in Q3 2009 with approximately $85M more expected in Q4 2009 (total estimate raised ~$50M vs. prior 10-Q per June 30, 2009 Form 8-K). Annual savings of $50M-$60M expected in 2010. No employee count disclosed. | ||
| 2009-07-31 | restructuring | in_progress | 2009-04-01 | Global | Agriculture and Turf | USD 16 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Combination of agricultural equipment and commercial/consumer equipment segments. Voluntary employee separations resulted in $16M pretax expense in Q3. Total expected charge is ~$85M in Q4. | |||
| 2009-07-31 | plant_closure | in_progress | 2008-09-01 | 2009-12-31 | Welland, Ontario, Canada | Agriculture and Turf | USD 17 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Welland manufacturing facility. $17M total expenses recognized in first nine months of 2009, including $7M employee termination benefits. Factory scheduled to close by end of 2009. | ||
| 2009-04-30 | plant_closure | in_progress | 2008-09-01 | 2009-12-31 | Welland, Ontario, Canada | Agricultural equipment and commercial and consumer equipment (utility vehicles and attachments) | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Production transferring to Horicon, Wisconsin and Monterrey/Saltillo, Mexico. Employee termination benefits of $7M recognized in first six months of 2009 ($18M in FY2008); remaining liability $24M at April 30, 2009. Total program cost $104M, of which $42M expected in remainder of FY2009. No employee count disclosed; announcement month stated as September 2008 without a specific day. | ||
| 2009-04-30 | voluntary_separation | announced | 2009-04-01 | 2009-10-31 | Not specified | Agriculture and turf segment (new organizational structure combining agricultural equipment and commercial and consumer equipment segments) | USD 50 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Voluntary employee special termination benefits tied to the segment combination effective at the beginning of Q3 2009; announced April 2009 without a specific day. Charge split approximately 60% cost of sales and 40% SG&A; savings of similar amount expected in 2010. No employee count disclosed. | ||
| 2009-04-30 | plant_closure | in_progress | 2008-09-01 | 2009-12-31 | Welland, Ontario, Canada | Agricultural equipment; Commercial and consumer equipment | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Welland manufacturing facility. Expenses recognized in first six months of 2009 include $3M pension/postretirement benefits, $7M employee termination benefits, and $3M other expenses. Total expected expenses $104M. | ||
| 2009-04-30 | restructuring | announced | 2009-04-01 | 2009-10-01 | Global | Agricultural equipment; Commercial and consumer equipment | USD 50 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Combination of agricultural equipment and commercial and consumer equipment segments. Voluntary employee special termination benefits expected to result in pretax expenses of approximately $50 million in the second half of 2009. | ||
| 2009-01-31 | plant_closure | in_progress | 2008-09-30 | 2009-12-31 | Welland, Ontario, Canada | Agricultural equipment and commercial and consumer equipment (utility vehicles and attachments manufacturing) | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Total expected program charge is $107M (incl. $50M pension/OPEB, $21M asset impairment, $25M termination benefits, $11M other); $11M recognized in Q1 2009. Employee headcount affected not disclosed. Termination-benefit accrual was $24M at 2009-01-31. Production transferring to Horicon, WI and Monterrey/Saltillo, Mexico. | ||
| 2009-01-31 | acquisition_addition | completed | 2008-11-30 | 2008-11-30 | Springfield, Missouri, United States | Agricultural equipment and construction and forestry segments (remanufacturing) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired remaining 50% ownership interest for approximately $40M in November 2008; headcount added not disclosed. Exact announcement/acquisition date stated only as month (November 2008). | |||
| 2009-01-31 | plant_closure | in_progress | 2008-09-01 | 2009-12-31 | Welland, Ontario, Canada | Agricultural equipment; Commercial and consumer equipment | USD 107 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of manufacturing facility announced Sept 2008. Total expected expenses $107M. Q1 2009 expenses $11M. Employee termination benefits accrual $7M in Q1 2009. Remaining liability $24M at Jan 31, 2009. Employee count not disclosed. | ||
| 2008-10-31 | plant_closure | in_progress | 2008-09 | 2009-12-31 | Welland, Ontario, Canada | Agricultural equipment and commercial and consumer equipment (utility vehicles and attachments) | USD 98 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pretax total expense recognized in cost of sales; $49 million recorded in Q4 2008. Includes $41M pension/OPEB, $21M asset impairments, $26M employee termination benefits, $10M other. Termination benefit liability of $18M at 2008-10-31; approximately $40M pretax cash expenditures expected. Expense split disclosed as $59M agricultural equipment and $39M commercial and consumer equipment; employee headcount affected not disclosed. Production transferring to Wisconsin and Mexico operations. | ||
| 2008-10-31 | acquisition_addition | completed | 2008-05 | United States (California) | Agricultural equipment (irrigation) | USD 85 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition cost approximately $85 million; headcount added not disclosed. Value shown is purchase price, not a workforce charge. | |||
| 2008-10-31 | acquisition_addition | completed | 2008-06 | Israel | Agricultural equipment (irrigation) | USD 120 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition cost approximately $120 million; headcount added not disclosed. Value shown is purchase price, not a workforce charge. | |||
| 2008-10-31 | acquisition_addition | completed | 2008-06 | China | Construction and forestry (excavators) | USD 55 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 50 percent equity investment of approximately $55 million; headcount added not disclosed. Value shown is investment amount, not a workforce charge. | |||
| 2008-10-31 | plant_closure | announced | 2008-09 | 2009-12-31 | Welland, Ontario, Canada | Agricultural Equipment; Commercial and Consumer Equipment | USD 98 (millions) | Item 1. Business - Special Items f5-10k / Qwen3.6-27B-Q8_0 | Closure of manufacturing facility. Total expenses recognized in cost of sales approx $98 million pretax. Includes pension, impairments, and employee termination benefits. No specific headcount disclosed. | ||
| 2008-07-31 | plant_closure | announced | 800 | 2008-09-02 | 2009-12-31 | Welland, Ontario, Canada | Commercial and consumer equipment and agricultural equipment (utility vehicles and attachments) | USD 90 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Board approved closure 2008-08-27; announced 2008-09-02. Charge is after-tax, about half expected in Q4 2008; includes $30M pension/postretirement, $25M asset impairments, $20M termination benefits, $15M other. Production transferring to Wisconsin and Mexico; approximately 800 employees affected. | |
| 2008-07-31 | plant_closure | announced | 800 | 2008-09-02 | 2009-12-31 | Welland, Ontario, Canada | Commercial and consumer equipment; Agricultural equipment | USD 90 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Closure of manufacturing facility; after-tax charges include pension, impairments, and termination benefits. | |
| 2007-10-31 | acquisition_addition | completed | 2007-05 | United States | Commercial and consumer equipment | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Landscape products supplier acquired for approximately $150 million; headcount added not disclosed | ||||
| 2007-10-31 | acquisition_addition | completed | 2007-08 | China | Agricultural equipment | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Chinese tractor manufacturer acquired for approximately $85 million; headcount added not disclosed | ||||
| 2007-10-31 | plant_closure | completed | 2006-01 | 2006-10-31 | Canada | Construction and Forestry | USD 44 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of forestry manufacturing facility in Woodstock, Ontario. Total expense recognized in 2006 was $44 million pretax, including $10 million for employee termination benefits. No remaining significant liabilities at Oct 31, 2006. | ||
| 2007-07-31 | plant_closure | completed | 2006-01-01 | Woodstock, Ontario, Canada | Construction and Forestry | USD 22 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of forestry manufacturing facility. Total expense recognized in first nine months of 2006 was $22 million, including $9 million in accrued termination benefits. No remaining significant liabilities at July 31, 2007. | |||
| 2007-04-30 | plant_closure | completed | 2006-01-01 | Woodstock, Ontario, Canada | Construction and Forestry | USD 17 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of forestry manufacturing facility in Woodstock, Ontario. Total expense recognized in cost of sales was approximately $17 million, including $7 million in accrued termination benefit expenses. No remaining significant liabilities at April 30, 2007. | |||
| 2007-01-31 | acquisition_addition | announced | 2007-02 | 2007-06-30 | United States (Cleveland, Ohio) | Commercial and consumer equipment segment | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire LESCO, Inc. at $14.50 per share in cash; no headcount disclosed. Closing subject to shareholder and regulatory approval, expected during second calendar quarter 2007. | |||
| 2007-01-31 | plant_closure | completed | 2006-01 | Woodstock, Ontario, Canada | Construction and Forestry | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of forestry manufacturing facility in Q1 2006. Total expense $13M including $3M accrued termination benefits. No remaining significant liabilities at Jan 31, 2007. | |||
| 2006-10-31 | plant_closure | completed | 2006-01-31 | Woodstock, Ontario, Canada | Construction and forestry segment — forestry manufacturing | USD 44 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision made in January 2006 to close the Woodstock facility and consolidate manufacturing into Davenport and Dubuque, Iowa. Total 2006 pretax expense of $44 million, including $21 million for pension and other postretirement benefits, $10 million for employee termination benefits, $6 million for impairments/write-downs, $5 million for production relocation and $2 million other. Pretax cash expenditures approximately $35 million. No employee headcount affected was disclosed; no remaining significant liabilities or expenses at October 31, 2006. | |||
| 2006-10-31 | acquisition_addition | completed | 2006-06-30 | United States (California headquarters) | Agricultural equipment operations | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Roberts Irrigation Products, Inc., a micro and drip irrigation products manufacturer, for $41 million including $34 million of preliminary goodwill and other intangibles. Headcount added through the acquisition was not disclosed. | ||||
| 2006-10-31 | divestiture_reduction | completed | 2006-02-28 | United States | Health care operations (discontinued operations) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of wholly-owned subsidiary John Deere Health Care, Inc. to UnitedHealthcare for $512 million, with a $356 million pretax gain ($223 million after-tax). Employee termination benefit expense related to discontinued operations was $8 million in 2006 with $4 million paid and $4 million remaining at year end; headcount removed through the disposition was not disclosed. | ||||
| 2006-10-31 | plant_closure | completed | 2006-01 | 2006-10-31 | Canada | Construction and Forestry | USD 44 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of forestry manufacturing facility in Woodstock, Ontario. Total expense recognized in costs of sales was $44 million pretax, including $10 million for employee termination benefits. No remaining significant liabilities at Oct 31, 2006. | ||
| 2006-07-31 | plant_closure | in_progress | 2006-01-31 | 2006-09-30 | Woodstock, Ontario, Canada | Construction and Forestry | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Forestry manufacturing facility closure; $9M accrued for employee termination benefits, $1M paid, $8M liability at 7/31/06. Total closure expense ~$22M YTD, ~$55M expected. No headcount disclosed. | ||
| 2006-07-31 | divestiture_reduction | completed | 2006-02-28 | 2006-02-28 | United States | Financial Services (Health Care Operations) | USD 8 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of John Deere Health Care to UnitedHealthcare for ~$500M. $8M total employee termination benefits expected; $4M accrued, $4M paid, $4M liability at 7/31/06. No headcount disclosed. | ||
| 2006-07-31 | acquisition_addition | completed | 2006-06-30 | 2006-06-30 | California, United States | Agricultural Equipment | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Roberts Irrigation Products, Inc. for ~$40M. No employee headcount disclosed for the acquired entity. | |||
| 2006-07-31 | plant_closure | in_progress | 2006-12-31 | Canada | Construction and Forestry | USD 55 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of forestry equipment plant. Total pretax expenses estimated at $55 million, including $10 million for employee termination benefits. Expenses expected to be completed in next three to six months. | |||
| 2006-04-30 | plant_closure | in_progress | 2006-01 | 2006-09-30 | Woodstock, Ontario, Canada | Construction and forestry segment — forestry manufacturing | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure decision January 2006; $7M employee termination benefits accrued at 2006-04-30. Total program expense estimated at $55M pretax (incl. $25M pension/OPEB, $10M impairments, $10M relocation); ~$40M expected pretax cash spend. Number of employees affected not disclosed. | ||
| 2006-04-30 | divestiture_reduction | in_progress | 2006-02 | United States | Health care operations (John Deere Health Care, Inc.) — discontinued operations | USD 8 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale to UnitedHealthcare completed February 2006 for ~$500M. Total employee termination benefit expense expected of $8M pretax; $5M liability remains at 2006-04-30 after $3M payments. Number of employees affected not disclosed. | |||
| 2006-04-30 | plant_closure | in_progress | 2006-01-01 | 2006-09-30 | Woodstock, Ontario, Canada | Construction and Forestry | USD 17 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of forestry manufacturing facility. YTD expense $17M pretax including $7M employee termination benefits. Total expected expense ~$55M. | ||
| 2006-04-30 | divestiture_reduction | completed | 2006-02-01 | 2006-02-01 | United States | Health Care (Discontinued Operations) | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of John Deere Health Care, Inc. to UnitedHealthcare. Employee termination benefit expense of $8M pretax included in discontinued operations. | ||
| 2006-01-31 | plant_closure | in_progress | 2006-01 | 2006-09-30 | Woodstock, Ontario, Canada | Construction and forestry segment — forestry manufacturing | USD 60 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Includes ~$25M pension/postretirement, ~$10M termination benefits, ~$10M impairments, ~$15M relocation; ~$40M pretax cash. Q1 charge ~$13M ($3M termination accrued in cost of sales). Employees affected not disclosed. | ||
| 2006-01-31 | divestiture_reduction | announced | 2005-12 | 2006-02 | United States | Financial Services — John Deere Health Care, Inc. (discontinued operations) | USD 8 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale to UnitedHealthcare for ~$500M announced Dec 2005, closed Feb 2006; ~$8M pretax employee termination benefits expected ($5M accrued at 2006-01-31). Headcount not disclosed. | ||
| 2006-01-31 | plant_closure | announced | 2006-01-31 | 2006-09-30 | Woodstock, Ontario, Canada | Construction and Forestry | USD 60 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of forestry manufacturing facility. Total costs approx $60M pretax over 12-18 months, including $10M for employee termination benefits. Employee count not disclosed. | ||
| 2006-01-31 | divestiture_reduction | completed | 2005-12-31 | 2006-02-28 | United States | Health Care (Discontinued Operations) | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of John Deere Health Care, Inc. to UnitedHealthcare. Total employee termination benefit expenses expected approx $8M pretax. Employee count not disclosed. | ||
| 2005-10-31 | divestiture_reduction | announced | 2005-12-06 | 2006-04-01 | United States (Illinois, Iowa, Tennessee, Virginia) | Health care operations (John Deere Health Care, Inc.) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell John Deere Health Care to UnitedHealthcare for approximately $500 million; expected after-tax gain of about $225 million; headcount of the divested unit not disclosed (unit had approximately 480,000 covered lives at 2005-10-31) | |||
| 2005-10-31 | acquisition_addition | completed | 2005-06-30 | United States (California) | Commercial and consumer equipment | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of United Green Mark, Inc. (irrigation, nursery, lighting and landscape material wholesale distribution) for approximately $118 million including about $91 million goodwill; acquired headcount not disclosed; announcement month only (June 2005) | ||||
| 2005-10-31 | acquisition_addition | completed | 2005-09-30 | India | Agricultural equipment | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of additional 48 percent interest in John Deere Equipment Private Ltd. (tractor manufacturer), raising ownership to 98 percent for $48 million including about $44 million goodwill; acquired headcount not disclosed; announcement month only (September 2005) | ||||
| 2004-10-31 | restructuring | completed | 2004-10-31 | United States (primarily) | Commercial and consumer equipment; construction and forestry; agricultural equipment | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2004 amount is restructuring income (a credit to cost of sales), not a charge; residual activity on programs announced in 2001-2002. No employees were scheduled for termination in FY2004 and restructuring liabilities were reduced to zero at fiscal year-end. Prior-year employee terminations (900 added/1,700 terminated in 2002; 200 terminated in 2003) relate to earlier fiscal years and are not extracted here. | |||
| 2004-10-31 | acquisition_addition | completed | 2004-08-31 | United States and Canada | Construction and forestry (dealer operations) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Call options exercised in December 2003, March 2004 and August 2004 raised ownership of Nortrax, Inc., Nortrax Investments, Inc. and Ontrac Holdings, Inc. to 100 percent, at which point they were consolidated. Headcount added through these acquisitions is not disclosed. | ||||
| 2004-10-31 | divestiture_reduction | completed | 2003-11-30 | United States | Construction and forestry (equipment rental venture) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the company's 49 percent minority ownership in November 2003 (early in fiscal 2004), with an approximately $30 million pretax gain recorded in other income. Associated headcount is not disclosed. | ||||
| 2004-10-31 | restructuring | completed | 200 | 2002-01-01 | 2004-10-31 | United States | Commercial and Consumer Equipment | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Termination benefits for approximately 200 employees related to facility closures in Williamsburg, VA and Jeffersonville, IN and streamlining in Horicon, WI. Liabilities fully paid by end of 2004. | ||
| 2004-10-31 | restructuring | completed | 400 | 2002-01-01 | 2004-10-31 | United States | Construction and Forestry | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Termination benefits for approximately 400 employees related to closure of Loudon, TN factory and relocation to Dubuque, IA. Liabilities fully paid by end of 2004. | ||
| 2004-10-31 | restructuring | completed | 100 | 2002-01-01 | 2004-10-31 | Argentina | Agricultural Equipment | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Termination benefits for approximately 100 employees in Argentina operations. Liabilities fully paid by end of 2004. | ||
| 2004-10-31 | restructuring | completed | 200 | 2002-01-01 | 2004-10-31 | United States | Agricultural Equipment | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Termination benefits for approximately 200 employees related to closure of Springfield, IL facility and restructuring of Agris Corporation. Liabilities fully paid by end of 2004. | ||
| 2004-07-31 | restructuring | in_progress | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Legacy 2001/2002 restructuring plans; no employee counts or new charges disclosed. Remaining liability fell from $16M at 2003-10-31 to $1M at 2004-07-31 via $13M payments and a $2M estimate-change credit. | |||||||
| 2004-01-31 | restructuring | in_progress | 2001 | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring plans announced in 2001 and 2002; no employee counts disclosed. Remaining liability fell from $16M (Oct 2003) to $10M (Jan 2004) via $4M payments and a $2M credit from change in estimate recorded to cost of sales. Filer states no material revisions and no new workforce actions this quarter. | ||||||
| 2003-10-31 | restructuring | completed | 200 | 2002 | 2003-10-31 | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Terminations of the remaining 200 employees under the FY2002 restructuring program were completed during FY2003; no new program was launched. FY2003 recognized $5 million of restructuring income (net credit), not a charge. Program included closures at Williamsburg VA, Jeffersonville IN, Horicon WI, Loudon TN and Springfield IL plus Argentina actions; specific facilities for the FY2003 terminations not identified. | ||||
| 2003-10-31 | divestiture_reduction | completed | 2003-11 | 2003-11 | United States | Construction and forestry (rent-to-rent equipment rental venture) | USD 30 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of minority ownership in Sunstate Equipment Co., LLC after fiscal year-end; gain of approximately $30 million pretax ($22 million after-tax). Headcount associated with the divested interest not disclosed. | ||
| 2003-10-31 | acquisition_addition | completed | 2003-12 | 2003-12 | United States and Canada | Construction and forestry (equipment dealer network) | USD 112 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Exercise of call options for an additional 42 percent of Nortrax, Inc. for $112 million raised ownership to 83 percent and triggered consolidation in December 2003. Nortrax headcount not disclosed; management estimated roughly $275 million of incremental FY2004 sales from consolidation. | ||
| 2003-10-31 | restructuring | completed | 200 | 2002-11-01 | 2003-10-31 | Global | Various | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Termination of 200 employees associated with 2002 restructuring plans (Commercial/Consumer, Construction/Forestry, Agricultural, Special Technologies). Note 2 indicates 200 employees were terminated in 2003 under these plans. | ||
| 2003-07-31 | restructuring | in_progress | 190 | 2002 | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employee reductions under efficiency/cost-reduction program announced in 2002 and Q4 2001; 190 reductions during nine months ended 2003-07-31, leaving 10 remaining. Restructuring reserves fell from $78M to $49M; termination benefits reserve fell from $11M to $2M. No per-period charge disclosed for the reductions. | |||||
| 2003-04-30 | restructuring | in_progress | 190 | Not specified | Not specified | USD -4 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program announced in 2002 and Q4 2001; no announcement date given. Employee reductions fell from 200 at 2002-10-31 to 10 at 2003-04-30 (190 reductions during the first six months of fiscal 2003). Total accruals/adjustments were income of $4M; termination benefits accrual $(1)M with $(8)M liquidations/payments; total reserves fell from $78M to $52M. Charge shown is the consolidated net accrual (negative = income). | |||
| 2003-01-31 | restructuring | in_progress | 170 | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program announced during 2002 and Q4 2001; 170 employee reductions recorded in the quarter, leaving 30 remaining at 2003-01-31 (down from 200 at 2002-10-31). Termination benefits liability fell from $11M to $5M with $6M of payments; no new accruals in the quarter. Filer notes benefit payments lag separations. | ||||||
| 2002-10-31 | plant_closure | in_progress | 200 | United States (Williamsburg, Virginia; Jeffersonville, Indiana; Horicon, Wisconsin) | Commercial and consumer equipment | USD 24 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2002 special items roll-forward: 900 employees added for termination during FY2002, 1,700 terminated in total during FY2002 across all special-item programs, 200 remaining at 2002-10-31. Net charge of $24M reflects $38M of costs offset by $14M of adjustments from the prior-year hand-held consumer products exit; includes $3M termination benefits. Gator utility vehicle production moved to Welland, Ontario; Fuquay-Varina, North Carolina; and Horicon. | |||
| 2002-10-31 | plant_closure | in_progress | 400 | United States (Loudon, Tennessee; Dubuque, Iowa) | Construction and forestry | USD 27 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closure of the Loudon, Tennessee factory with skid-steer loader production relocated to Dubuque, Iowa. Charge comprises $14M property/equipment write-downs, $1M inventory, $4M contract terminations, $4M termination benefits (~400 employees) and $4M other. Part of FY2002 special items program (900 added, 1,700 terminated during year, 200 remaining at year-end). | |||
| 2002-10-31 | restructuring | in_progress | 100 | Argentina | Agricultural equipment | USD 12 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Impairment and reorganization costs, primarily Argentina operations; includes $8M property/equipment write-downs, $2M inventory, $1M termination benefits (~100 employees), $1M other. Item 1 discloses that an Argentina factory ceased operations on 2002-10-31. Part of FY2002 special items program (900 added, 1,700 terminated during year, 200 remaining at year-end). | |||
| 2002-10-31 | restructuring | in_progress | 200 | United States (Springfield, Illinois) | Special technologies group (Other segment) | USD 9 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Costs primarily related to closure of a Springfield, Illinois facility and restructuring of Agris Corporation; includes $4M termination benefits (~200 employees), $1M property/equipment, $1M inventory, $3M other. Part of FY2002 special items program (900 added, 1,700 terminated during year, 200 remaining at year-end). | |||
| 2002-10-31 | divestiture_reduction | completed | Not disclosed | Commercial and consumer equipment (Homelite consumer products) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | MD&A cites the absence of Homelite consumer products losses, stating the business was sold; sale date and headcount impact not disclosed. Related FY2001 exit of the hand-held consumer products business (approximately 700 employees) is a prior-year action and is not extracted. | |||||
| 2002-10-31 | restructuring | completed | 200 | 2002 | United States | Commercial and Consumer Equipment | USD 3 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Termination benefits for approximately 200 employees related to facility closures in Williamsburg, VA and Jeffersonville, IN and streamlining in Horicon, WI. | ||
| 2002-10-31 | restructuring | completed | 400 | 2002 | United States | Construction and Forestry | USD 4 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Termination benefits for approximately 400 employees related to closure of Loudon, TN factory and relocation of skid-steer loader production to Dubuque, IA. | ||
| 2002-10-31 | restructuring | completed | 100 | 2002 | Argentina | Agricultural Equipment | USD 1 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Termination benefits for approximately 100 employees related to impairment and reorganization costs in Argentina operations. | ||
| 2002-10-31 | restructuring | completed | 200 | 2002 | United States | Special Technologies Group | USD 4 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Termination benefits for approximately 200 employees related to closure of Springfield, IL facility and restructuring of Agris Corporation. | ||
| 2002-10-31 | voluntary_separation | completed | 2001-10-31 | United States | Corporate | USD 189 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Voluntary early-retirement programs offered in Q4 2001 to US employees with age plus years of service equalling 80 or more by Oct 31, 2001. Expense recorded in 2001, but liability paid from pension assets over remaining lives. Included in 2002 footnote roll-forward context. | |||
| 2002-10-31 | voluntary_separation | completed | 2001-10-31 | United States | Company-wide | USD 189 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Voluntary early-retirement programs primarily for US employees whose age plus years of service equaled 80 or more by October 31, 2001. Charge of $189 million pretax. | |||
| 2002-10-31 | restructuring | in_progress | 700 | 2001-10-31 | 2002-10-31 | Southeastern United States and Mexico | Commercial and Consumer Equipment | USD 15 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Exit of hand-held consumer products business. Termination benefits for approximately 700 employees. Actions expected to be completed during 2002. | |
| 2002-10-31 | restructuring | in_progress | 300 | 2001-10-31 | 2002-10-31 | United States and Canada | Construction and Forestry | USD 11 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Reduction of manufacturing and marketing costs. Employee separations, closing of forestry factory in Bessemer, Alabama, office in Atlanta, Georgia, and sale of fabrication operation in Woodstock, Ontario. Actions expected to be completed during 2002. | |
| 2002-07-31 | restructuring | in_progress | 1,280 | Agricultural equipment; commercial and consumer equipment; construction and forestry; special technologies | USD 58 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program covers decisions to close or restructure operating facilities, with costs recognized within one year. Charge of $58M in the first nine months of 2002 (includes $3M non-accruable costs), split by segment: $22M commercial and consumer equipment, $20M construction and forestry, $9M agricultural equipment, $7M special technologies. Employees-to-be-terminated roll-forward: 1,000 at 2001-10-31, 1,280 terminated during the nine months, 810 additions, 530 remaining at a date printed as 2002-04-30 in the filing (surrounding reserve table is as of 2002-07-31; date likely a typographical error). Reserve roll-forward: $145M at 2001-10-31, $(82)M liquidations/payments, $55M accruals, $118M at 2002-07-31. Employee counts are disclosed only in aggregate, not by segment; no total-workforce denominator is disclosed, so no percent-of-workforce can be computed. | ||||
| 2002-07-31 | plant_closure | in_progress | United States (Virginia) | Commercial and consumer equipment | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closing of a commercial and consumer products factory in Virginia cited as a negative factor on third-quarter equipment results; appears to be a component of the Note 13 restructuring program. No separate employee count or charge disclosed for this facility. | |||||
| 2002-07-31 | plant_closure | in_progress | United States (Illinois) | Other businesses | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closing of an Illinois manufacturing facility cited among restructuring activities affecting the other-businesses segment, which also had operating losses from new product development costs and special technologies goodwill amortization. No separate employee count or charge disclosed; may be part of the Note 13 program. | |||||
| 2002-07-31 | restructuring | in_progress | 1,280 | USD 58 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 1,280 employees terminated during the first nine months of 2002. Total costs recognized were $58 million, including $55 million in accruals/adjustments and $3 million in non-accruable costs. Related to facility closures and business exits. | |||||
| 2002-04-30 | restructuring | in_progress | 1,000 | United States | Construction and forestry; various manufacturing facilities; handheld consumer products business | USD 34 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program began in Q4 2001 (exit of handheld consumer products business and restructuring of construction and forestry operations). During the first six months of 2002, 1,000 employees were terminated and 620 employees were added, leaving 620 employees to be terminated at April 30, 2002. The $34 million charge recognized in the first six months of 2002 comprised $20 million for closing a construction and forestry factory in Tennessee and $14 million for closure of various other manufacturing facilities. Total reserves and liabilities declined from $145 million at October 31, 2001 to $112 million at April 30, 2002. Announcement date not specified in filing. | |||
| 2002-04-30 | restructuring | in_progress | 620 | 2002-01-01 | United States | Construction and Forestry; Manufacturing | USD 34 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Additions of 620 employees terminated during the first six months of 2002 related to closing a construction and forestry factory in Tennessee and various other manufacturing facilities. Total charge of $34 million recognized in the first six months. | ||
| 2002-01-31 | restructuring | in_progress | 770 | 2001-10-31 | United States | Hand-held consumer products; construction and forestry | USD 17 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 770 employees terminated during Q1 2002; 630 remaining to be terminated at Jan 31, 2002 (1,000 at Oct 31, 2001, plus 400 additions during the quarter). Charge represents net accruals and adjustments for the quarter. Program covers exit from hand-held consumer products business and construction/forestry manufacturing and marketing restructuring. | ||
| 2002-01-31 | plant_closure | in_progress | Tennessee, United States | Construction and forestry | USD 16 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision to close Tennessee factory made during Q1 2002; specific announcement date not disclosed. Pretax charge per MD&A. Component of the broader restructuring program in Note 14; employee count not separately disclosed for this sub-component. | ||||
| 2002-01-31 | restructuring | in_progress | 770 | 2001-10-31 | United States | Construction and Forestry; Commercial and Consumer | USD 17 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes 770 employees terminated in Q1 2002 related to exit from hand-held consumer products and restructuring of construction/forestry operations. Total Q1 accruals and adjustments were $17 million. | ||
| 2001-10-31 | voluntary_separation | completed | 2001-10-31 | 2001-10-31 | United States | Company-wide | USD 189 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Voluntary early-retirement programs offered in Q4 2001 to US employees age plus service of 80 or more; $189M pretax expense including curtailment costs; liability paid from pension assets over retirees' lives | ||
| 2001-10-31 | restructuring | in_progress | 700 | 2001-10-31 | 2002-10-31 | United States and Mexico | Commercial and consumer equipment (hand-held consumer products) | USD 15 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision to exit hand-held consumer products business (Homelite brand); $15M termination benefits for approximately 700 employees, plus $27M contract terminations, $16M warranties/returns, $33M inventory and $35M property write-downs; actions expected completed during 2002 | |
| 2001-10-31 | plant_closure | in_progress | 300 | 2001-10-31 | 2002-10-31 | United States and Canada | Construction and forestry | USD 11 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Reduction of manufacturing and marketing costs: employee separations (~300 employees, $11M termination benefits), closure of forestry equipment factory in Bessemer, Alabama and an Atlanta office, sale of a Woodstock, Ontario fabrication operation; plus $5M goodwill write-off and $3M property write-downs; expected completed during 2002 | |
| 2001-10-31 | acquisition_addition | completed | United States | Commercial and consumer equipment / Agricultural equipment | USD 181 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2001 acquisitions: McGinnis Farms ($181M), Richton International ($126M), Vapormatic ($18M), Great Dane Power Equipment ($14M); headcount added not disclosed | ||||
| 2001-07-31 | reduction_in_force | announced | 1,250 | 8% | 2001-06-28 | United States | Salaried workforce | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Goal to reduce US salaried workforce by about eight percent, or 1,250 employees, as part of a value improvement effort. Percent of workforce is as stated by the filer; total headcount not disclosed in this filing. | ||
| 2001-07-31 | voluntary_separation | announced | 2,500 | 2001-06-28 | 2001-10-31 | United States | Salaried workforce | USD 140 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program offered to about 2,500 salaried employees generally aged plus years of service of 80 or more by 2001-10-31; one-time after-tax expense estimated at $140 million to be charged in fiscal Q4 2001. Count is eligible employees offered the program, not accepted. | |
| 2001-07-31 | restructuring | announced | 300 | 2001-08-27 | Worldwide | Construction and forestry; Homelite consumer products | USD 240 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter announcement (2001-08-27) to exit the Homelite consumer products business and restructure the construction and forestry segment; pretax charge of up to $240 million ($150 million after-tax), primarily in fiscal Q4 2001. About 300 positions to be eliminated in addition to the previously announced salaried workforce reduction. | ||
| 2001-07-31 | voluntary_separation | announced | 2,500 | 2001-06-28 | 2001-10-31 | United States | Salaried employees | USD 140 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Voluntary special early retirement program offered to about 2,500 salaried employees. Eligible employees are those whose age and years of service add up to 80 or more by October 31, 2001. Estimated one-time program expense is $140 million after-tax, to be charged in the fourth quarter of fiscal 2001. | |
| 2001-07-31 | restructuring | announced | 300 | 2001-08-27 | Worldwide | Construction and forestry | USD 240 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Plans to restructure construction and forestry segment and exit Homelite consumer products business. Actions would result in a pretax charge of up to $240 million. Plans include elimination of about 300 positions in addition to the salaried workforce reduction previously announced. | ||
| 2001-04-30 | acquisition_addition | completed | United States (Alpharetta, Georgia) | Commercial and consumer equipment (landscape and irrigation products and services) | USD 140 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | McGinnis Farms, Inc. acquired for approximately $180 million; goodwill of approximately $140 million amortized over 20 years. Headcount added not disclosed. | ||||
| 2001-04-30 | acquisition_addition | completed | United Kingdom (Exeter, England) | Agricultural equipment replacement parts distribution | USD 18 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | The Vapormatic Company Limited acquired for $18 million. Headcount added not disclosed. | ||||
| 2001-04-30 | acquisition_addition | completed | United States (Jeffersonville, Indiana) | Commercial and consumer equipment (mowing equipment manufacturing) | USD 14 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Great Dane Power Equipment, Inc. acquired for $14 million. Headcount added not disclosed. | ||||
| 2001-04-30 | acquisition_addition | announced | 2001-05-30 | United States | Irrigation and computer-related services and products | USD 125 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire Richton International Corporation announced after quarter end; shareholder approval required; consideration approx. $125 million in cash or Deere shares. Headcount not disclosed. | |||
| 2001-04-30 | plant_closure | announced | United States (Waterloo, Iowa) | Agricultural equipment (large tractor manufacturing) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Second one-week production shutdown announced, scheduled during the third quarter, affecting production of most large tractors. Temporary shutdown; no employee count or separation disclosed. | |||||
| 2000-10-31 | acquisition_addition | completed | 2000-04-28 | 2000-04-28 | Finland (global operations) | Construction Equipment (forestry) | USD 608 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Timberjack Group acquired for $608 million; reported annual sales of $515 million in 1999; no employee headcount disclosed for the acquisition | ||
| 2000-10-31 | voluntary_separation | completed | 1999-10-31 | 2000-10-31 | Worldwide | Equipment Operations | USD 68 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Early retirement programs incurred $68 million pretax cost in 1999, referenced as offsetting factor in 2000 results comparison. | ||
| 2000-07-31 | acquisition_addition | completed | 2000-04-28 | Finland | Construction equipment segment (forestry equipment) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Timberjack Group for approximately $600 million; no employee or headcount figures disclosed. Goodwill of approximately $420 million amortized over 30 years. | ||||
| 1999-10-31 | voluntary_separation | completed | United States | Agricultural equipment | USD 68 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pretax cost of $68 million in 1999 for early-retirement programs, comprising $34 million of other special early-retirement benefits plus special termination benefits in pension and postretirement plans. Employee count not disclosed. Agricultural equipment segment operating loss footnote also references the $68 million early-retirement cost. | ||||
| 1999-10-31 | divestiture_reduction | completed | United States | Insurance (John Deere Insurance Group) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | John Deere Insurance Group, Inc. sold during 1999; gain on sale immaterial. Headcount removed through divestiture not disclosed. | |||||
| 1999-10-31 | acquisition_addition | completed | Brazil | Agricultural equipment | USD 174 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired remaining 60% interest in SLC-John Deere, Brazilian farm equipment manufacturer, for $174 million including $42 million goodwill. Headcount added not disclosed. | ||||
| 1999-10-31 | acquisition_addition | completed | United States | Special technologies / agricultural equipment | USD 55 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired remaining 50% interest in InterAg Technologies, Inc. for $55 million (1.5 million shares valued at $49 million plus cash). Headcount added not disclosed. | ||||
| 1999-10-31 | acquisition_addition | completed | South Africa | Construction equipment | USD 29 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired 32% interest in Bell Equipment Company for $29 million. Headcount added not disclosed. | ||||
| 1999-10-31 | acquisition_addition | completed | United States / England | Credit / Financial Services | USD 59 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | John Deere Capital Corporation purchased Senstar Capital Corporation ($41 million) and remaining 50% interest in John Deere Credit Limited, England ($18 million). Headcount added not disclosed. | ||||
| 1999-10-31 | acquisition_addition | announced | 1999-12-13 | Finland | Construction equipment / forestry | USD 600 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire Timberjack Group announced December 13, 1999 for approximately $600 million; expected to close in 2000 subject to regulatory approval. Timberjack reported 1998 annual sales of $580 million. Headcount not disclosed. | |||
| 1999-10-31 | voluntary_separation | completed | 1999-10-31 | 1999-10-31 | Worldwide | Agricultural Equipment | USD 68 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Pretax cost of early-retirement programs totaled $68 million. Includes $34 million of other special early-retirement benefits and $29 million in pension special termination benefits. | ||
| 1999-07-31 | voluntary_separation | announced | 1999-07-31 | 1999-10-31 | United States | Agricultural Equipment | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Voluntary early-retirement program with estimated Q4 pretax cost of $50M–$80M; employee count not disclosed. | |||
| 1999-07-31 | acquisition_addition | completed | 1999-07-31 | Brazil | Agricultural Equipment | USD 174 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired remaining 60% interest in SLC-John Deere for $174M including $41M goodwill; headcount not disclosed. | |||
| 1999-07-31 | divestiture_reduction | announced | 1999-07-31 | United States | Financial Services — Insurance | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell John Deere Insurance Group to Sentry Insurance pending regulatory approval; headcount not disclosed. | ||||
| 1999-07-31 | voluntary_separation | announced | 1999-07-31 | 1999-10-31 | United States | Agricultural Equipment | USD 65 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Voluntary early-retirement program initiated; estimated fourth-quarter pretax cost of $50 million to $80 million. | ||
| 1997-07-31 | other | in_progress | 1997-10-01 | United States | All U.A.W. represented employees | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Negotiations underway on a new collective bargaining agreement to replace the current U.A.W. agreement expiring October 1, 1997. No employee count or outcome disclosed. | ||||
| 1997-07-31 | other | in_progress | 1997-10-01 | United States | All U.A.W. employees | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Negotiations underway on new labor agreement replacing current agreement expiring Oct 1, 1997. | ||||
| 1997-07-31 | plant_closure | completed | Health Care | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charges recorded for planned closure of two health care centers. | ||||||
| 1996-10-31 | restructuring | in_progress | 1993-05-01 | 1996-10-31 | Europe | Equipment Operations | USD 107 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year European downsizing program initiated in fiscal 1993; $107M pre-tax charge ($80M after tax). Employment reductions and accrual disbursement nearly complete as of 1996-10-31; headcount affected not quantified and current-year activity not separately disclosed | ||
| 1996-10-31 | acquisition_addition | completed | 1996-10-01 | 1996-10-31 | Mexico | Agricultural Equipment | USD 57 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Additional $57M investment increased ownership of the Mexican equipment subsidiary to 99 percent; previously unconsolidated affiliate consolidated beginning October 1996. Headcount added not disclosed | ||
| 1996-10-31 | acquisition_addition | completed | 1996-10-31 | 1996-10-31 | United States | Industrial Equipment — rental market | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of a 40 percent interest in Sunstate Equipment Corp., a regional rental company in Phoenix, Arizona; headcount not disclosed | |||
| 1996-10-31 | divestiture_reduction | completed | 1996-10-31 | 1996-10-31 | United States | Insurance — personal lines | USD 2 (millions) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the personal lines block of business to Allied Group, Inc. for $2 million; no liabilities transferred and no headcount disclosed | ||
| 1996-10-31 | restructuring | completed | 1993-04-01 | 1996-10-31 | Europe | European Operations | USD 107 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Initiated Q2 1993; expected employment reductions and disbursement of $107M accrual nearly complete as of Oct 31, 1996. | ||
| 1996-07-31 | restructuring | in_progress | 1993 | Europe | European operations | USD 107 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Legacy program initiated in Q2 1993 to downsize and rationalize European operations; charge of $107 million before income taxes ($80 million after taxes, $.34 per share), mainly employment-reduction costs. Filing states employment reductions and accrual disbursement were each nearly 95 percent complete at July 31, 1996. No employee count disclosed. | |||
| 1996-07-31 | restructuring | in_progress | 1993-04-01 | Europe | USD 107 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plans initiated in Q2 1993 to downsize European operations; accrual nearly 95% complete as of July 31, 1996. | ||||
| 1996-04-30 | restructuring | in_progress | 1993 | Europe | European operations | USD 107 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Downsizing and rationalization of European operations initiated in Q2 1993; $107M pre-tax charge ($80M after tax, $.34/share). As of 1996-04-30, planned employment reductions and disbursement of the accrual were each approximately 90 percent complete. Number of employees affected not disclosed. | |||
| 1996-04-30 | restructuring | in_progress | 1993-04-30 | Europe | European operations | USD 107 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Initiated Q2 1993; employment reductions and disbursement of $107M accrual approx 90% complete as of April 30, 1996. | |||
| 1996-01-31 | restructuring | in_progress | 1993-04-30 | Europe | European equipment operations | USD 107 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program initiated in the second quarter of fiscal 1993; charge of $107 million pre-tax ($80 million after tax, $.34 per share) mainly for employment reductions. As of 1996-01-31, expected employment reductions and disbursement of the accrual were each approximately 85 percent complete. Number of employees affected not disclosed. | |||
| 1996-01-31 | restructuring | in_progress | 1993-04-01 | Europe | European operations | USD 107 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Initiated Q2 1993; 85% of employment reductions and accrual disbursement complete as of Jan 31, 1996. | |||
| 1995-10-31 | restructuring | in_progress | 1993-05-01 | 1996-10-31 | Europe | Equipment Operations | USD 107 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year program initiated Q2 1993 to downsize and rationalize European operations. $107M pre-tax charge ($80M after-tax). As of 1995-10-31, employment reductions and accrual disbursement were approximately 80% complete; remaining accrual expected to be utilized in 1996. Cumulative through fiscal year-end; no employee count disclosed. | ||
| 1995-10-31 | divestiture_reduction | completed | 1995-10-31 | United States | Insurance | USD 33 (millions) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Insurance subsidiaries agreed to sell wholly-owned John Deere Life Insurance Company to Life Reassurance Corporation of America for $33 million. No employee count disclosed. | |||
| 1995-10-31 | divestiture_reduction | completed | 1995-10-31 | United States | Insurance | USD 57 (millions) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Insurance subsidiaries agreed to sell 3.1 million shares (43.8%) of ReCapital Corporation to Zurich Reinsurance Centre Holdings for $57 million. No employee count disclosed. | |||
| 1995-10-31 | restructuring | in_progress | 1993-04-01 | 1996-10-31 | Europe | Equipment Operations | USD 107 (millions) | Note 14 - Restructuring Costs f5-10k / Qwen3.6-27B-Q8_0 | Initiated in Q2 1993 to downsize and rationalize European operations. Charge represents cost of employment reductions. Approximately 80% of expected reductions and accrual disbursement complete as of Oct 31, 1995. Remaining accrual expected to be utilized in 1996. | ||
| 1995-07-31 | restructuring | in_progress | 1993-04-01 | Europe | European operations | USD 107 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Initiated in Q2 1993 to downsize European operations. As of July 31, 1995, employment reductions and disbursement of the $107 million accrual were approximately 76 percent complete. Specific headcount affected is not disclosed. |