Exhibit 99.3

 

Additional Supplemental Data

Second Quarter 2006

 

 

 

 

 

Diluted

 

 

 

(In Millions)

 

EPS

 

 

 

 

 

 

 

Net income, as reported

 

$

744.6

 

$

3.13

 

Less income from discontinued operations (Health Care)

 

227.6

 

0.96

 

Income from continuing operations

 

517.0

 

2.17

 

Other special items:

 

 

 

 

 

Expenses related to tender offer for debt securities

 

44.2

 

0.19

 

Expenses related to Woodstock factory closing

 

2.8

 

0.01

 

Income from continuing operations, excluding special items

 

$

564.0

 

$

2.37

 

 

•       NOTE:  Due to the magnitude of the amounts for the items listed above either in the quarter or anticipated for the year, management believes the above additional supplemental data provides valuable insight into the operating performance for the second quarter of 2006.  Management believes this presentation will enhance the reader’s understanding of the impact of these items on Deere & Company’s performance during the quarter.  Management does not intend this presentation to be considered in isolation or as a substitute for the related measures under accounting principles generally accepted in the U.S.

 

 

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Additional Supplemental Data

Fiscal Year 2006 Earnings Forecast

 

 

 

Approximate $

 

 

 

(In Millions)

 

FY 2006 net income forecast, per second quarter earnings release

 

$

1,700

 

Less income from discontinued operations (Health Care)

 

240

 

Income forecast from continuing operations

 

1,460

 

Other special items:

 

 

 

Expenses related to tender offer for debt securities

 

44

 

Anticipated expenses related to Woodstock factory closing

 

35

 

Income forecast from continuing operations excluding special items

 

$

1,539

 

 

•       NOTE:  Deere & Company management believes the above additional supplemental data provides valuable insight into the components of anticipated operating performance for fiscal year 2006. Management believes this presentation will enhance the reader’s understanding of the impact of these items on Deere & Company’s anticipated operating performance for the year.  Management does not intend this presentation to be considered in isolation or as a substitute for the related measures under accounting principles generally accepted in the U.S.

 

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