WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

                                                       EXHIBIT 27 

               DEERE & COMPANY AND CONSOLIDATED SUBSIDIARIES
                          FINANCIAL DATA SCHEDULE
             (In millions of dollars except per share amounts)

<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from
Form 10-Q and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<RESTATED>
<CIK> 0000315189
<NAME> DEERE&COMPANY
<MULTIPLIER> 1,000,000
<CURRENCY> U.S. DOLLARS
       
<S>  <C>
<PERIOD-TYPE>  3-MOS.
<FISCAL-YEAR-END>             OCT-31-1996
<PERIOD-START>                NOV- 1-1995
<PERIOD-END>                  JAN-31-1996
<EXCHANGE-RATE>               1
<CASH>                        364
<SECURITIES>                  856
<RECEIVABLES>                 9,486
<ALLOWANCES>                  113
<INVENTORY>                   980
<CURRENT-ASSETS>              0
<PP&E>                        4,178
<DEPRECIATION>                2,884
<TOTAL-ASSETS>                14,447
<CURRENT-LIABILITIES>         0
<BONDS>                       2,215
<COMMON>                      1,743
<PREFERRED-MANDATORY>         0
<PREFERRED>                   0
<OTHER-SE>                    1,484
<TOTAL-LIABILITY-AND-EQUITY>  14,447
<SALES>                       1,937
<TOTAL-REVENUES>              2,318
<CGS>                         1,501
<TOTAL-COSTS>                 1,722
<OTHER-EXPENSES>              0
<LOSS-PROVISION>              7
<INTEREST-EXPENSE>            99
<INCOME-PRETAX>               258
<INCOME-TAX>                  93
<INCOME-CONTINUING>           166
<DISCONTINUED>                0
<EXTRAORDINARY>               0
<CHANGES>                     0
<NET-INCOME>                  166
<EPS-PRIMARY>                 .63
<EPS-DILUTED>                 .63
                                                              

</TABLE>
