Form 10-Q
2020-09-29 to 2020-11-02 · 2 questions
· 2 letters from the SEC, 3 from the company
Non-GAAP measuresSegments
Condensed Notes to Interim Consolidated Financial Statements (Unaudited) · Note 21. Supplemental Consolidating Data, page 42
SEC asked
Please tell us the purpose of these supplemental schedules, what they reconcile to and why they are included in the footnotes to the financial statements. As part of your response, explain your basis for including the Financial Services segment using the equity method of accounting in your presentation of Equipment Operations and tell us how you considered Question 100.04 of the Non-GAAP Compliance and DisclosureRest of the question
Interpretations.
DE answered
No numbered answer found in the reply. Read the reply ↗
In its next report
First report after the company's reply of 2020-10-13: 10-K filed 2020-12-17 ↗, against the 10-K filed 2019-12-19 ↗.
Tickdelta does not hold the text of both reports, so they are not compared here.
Condensed Notes to Interim Consolidated Financial Statements (Unaudited) · Note 21. Supplemental Consolidating Data, page 42
SEC asked
We note your response to prior comment 1. We continue to believe that including the Financial Services segment using the equity method of accounting in your presentation of Equipment Operations is a tailored accounting principle under Question 100.04 of the Non-GAAP Compliance and Disclosure Interpretations. Please remove this presentation in future filings.
DE answered
Deere & Company (“Deere” or the “Company”) has received the response from the Division of Corporation Finance of the Securities and Exchange Commission, dated October 15, 2020, pertaining to the Company’s response to the earlier comment on the Company’s Form 10-Q for the quarterly period ended August 2, 2020. As you know, we are working on the Company’s response and we respectfully request additional time to complete this review. We anticipate responding on or before November 12, 2020. Read in the reply ↗
In its next report
First report after the company's reply of 2020-10-28: 10-K filed 2020-12-17 ↗, against the 10-K filed 2019-12-19 ↗.
Tickdelta does not hold the text of both reports, so they are not compared here.
Also in this review: company letter, 2020-10-30, closing letter, 2020-11-02