DEERE & CO Annual Research and Development Expense in USD from 2010 to 2024

Taxonomy & unit
us-gaap: USD
Description
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.
Summary
Deere & Co quarterly/annual Research and Development Expense history and growth rate from 2010 to 2024.
  • Deere & Co Research and Development Expense for the quarter ending October 27, 2024 was $625M, a 2.97% increase year-over-year.
  • Deere & Co Research and Development Expense for the twelve months ending October 27, 2024 was $2.29B, a 5.19% increase year-over-year.
  • Deere & Co annual Research and Development Expense for 2024 was $2.29B, a 5.19% increase from 2023.
  • Deere & Co annual Research and Development Expense for 2023 was $2.18B, a 13.9% increase from 2022.
  • Deere & Co annual Research and Development Expense for 2022 was $1.91B, a 20.5% increase from 2021.
Research and Development Expense, Trailing 12 Months (USD)
Research and Development Expense, Annual (USD)
Research and Development Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $2.29B +$113M +5.19% Oct 30, 2023 Oct 27, 2024 10-K 2024-12-12
2023 $2.18B +$265M +13.9% Oct 31, 2022 Oct 29, 2023 10-K 2024-12-12
2022 $1.91B +$325M +20.5% Nov 1, 2021 Oct 30, 2022 10-K 2024-12-12
2021 $1.59B -$57M -3.47% Nov 2, 2020 Oct 31, 2021 10-K 2023-12-15
2020 $1.64B -$139M -7.8% Nov 4, 2019 Nov 1, 2020 10-K 2022-12-15
2019 $1.78B +$125M +7.54% Oct 29, 2018 Nov 3, 2019 10-K 2021-12-16
2018 $1.66B +$285M +20.8% Oct 30, 2017 Oct 28, 2018 10-K 2020-12-17
2017 $1.37B -$16.1M -1.16% Oct 31, 2016 Oct 29, 2017 10-K 2019-12-19
2016 $1.39B -$36M -2.53% Nov 1, 2015 Oct 31, 2016 10-K 2016-12-19
2015 $1.43B -$26.9M -1.85% Nov 3, 2014 Nov 1, 2015 10-K 2017-12-18
2014 $1.45B -$25.3M -1.71% Nov 1, 2013 Oct 31, 2014 10-K 2016-12-19
2013 $1.48B +$43.7M +3.05% Nov 1, 2012 Oct 31, 2013 10-K/A 2016-02-01
2012 $1.43B +$207M +16.9% Nov 1, 2011 Oct 31, 2012 10-K 2014-12-19
2011 $1.23B +$174M +16.5% Nov 1, 2010 Oct 31, 2011 10-K 2013-12-16
2010 $1.05B Nov 1, 2009 Oct 31, 2010 10-K 2012-12-17
* An asterisk sign (*) next to the value indicates that the value is likely invalid.