Compare the liability section of the balance sheet to the equity section, and discuss whether the relationship of debt to equity is appropriate for the company. Explain whether the debt-to-equity relationship has changed from the previous year, and assess why financial managers should track this relationship over time.

Liabilities and Stockholders' Equity $ $ Liabilities Short-term borrowings Short-term securitization borrowings Payables to unconsolidated affiliates Accounts payable and accrued expenses Deferred income taxes Long-term borrowings Retirement benefits and other liabilities Total liabilities 9,911 4,106 155 10,527 533 33,346 5,305 63,883 8,582 4,682 105 10,112 519 32,734 5,413 62,147 $ 11,179 4,640 91 9,072 475 34,324 5,680 65,461 Stockholders' Equity Total Deere & Company stockholders' equity Noncontrolling interests Total stockholders' equity Total Liabilities and Stockholders' Equity 15,092 4 15,096 $ 78,979 12,937 7 12,944 75,091 11,864 1 11,865 $ 77,326 $