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SEGMENT REPORTING (Tables) | 9 Months Ended
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Jul. 30, 2017
SEGMENT REPORTING |
Schedule of Segment Reporting Information | Worldwide net sales and revenues, operating profit, and identifiable assets by segment in millions of dollars follow:
|  | Three Months Ended |  | Nine Months Ended |
|  | July 30 |  | July 31 |  | % |  | July 30 |  | July 31 |  | % |
|  | 2017 |  | 2016 |  | Change |  | 2017 |  | 2016 |  | Change |
Net sales and revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Agriculture and turf |  | $ | 5,338 |  | $ | 4,704 |  | +13 |  | $ | 14,730 |  | $ | 14,046 |  | +5 |
Construction and forestry |  |  | 1,495 |  |  | 1,157 |  | +29 |  |  | 4,061 |  |  | 3,691 |  | +10 |
Total net sales |  |  | 6,833 |  |  | 5,861 |  | +17 |  |  | 18,791 |  |  | 17,737 |  | +6 |
Financial services |  |  | 741 |  |  | 667 |  | +11 |  |  | 2,153 |  |  | 1,954 |  | +10 |
Other revenues |  |  | 234 |  |  | 196 |  | +19 |  |  | 776 |  |  | 433 |  | +79 |
Total net sales and revenues |  | $ | 7,808 |  | $ | 6,724 |  | +16 |  | $ | 21,720 |  | $ | 20,124 |  | +8 |
Operating profit: * |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Agriculture and turf |  | $ | 685 |  | $ | 571 |  | +20 |  | $ | 1,899 |  | $ | 1,329 |  | +43 |
Construction and forestry |  |  | 110 |  |  | 54 |  | +104 |  |  | 253 |  |  | 197 |  | +28 |
Financial services |  |  | 200 |  |  | 191 |  | +5 |  |  | 529 |  |  | 545 |  | -3 |
Total operating profit |  |  | 995 |  |  | 816 |  | +22 |  |  | 2,681 |  |  | 2,071 |  | +29 |
Reconciling items ** |  |  | (100) |  |  | (100) |  |  |  |  | (283) |  |  | (272) |  | +4 |
Income taxes |  |  | (253) |  |  | (227) |  | +11 |  |  | (749) |  |  | (560) |  | +34 |
Net income attributable to Deere & Company |  | $ | 642 |  | $ | 489 |  | +31 |  | $ | 1,649 |  | $ | 1,239 |  | +33 |
Intersegment sales and revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Agriculture and turf net sales |  | $ | 12 |  | $ | 8 |  | +50 |  | $ | 29 |  | $ | 25 |  | +16 |
Construction and forestry net sales |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |  |
Financial services |  |  | 67 |  |  | 52 |  | +29 |  |  | 178 |  |  | 179 |  | -1 |
Equipment operations outside the U.S. and Canada: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 2,925 |  | $ | 2,337 |  | +25 |  | $ | 7,785 |  | $ | 6,643 |  | +17 |
Operating profit |  |  | 353 |  |  | 193 |  | +83 |  |  | 817 |  |  | 445 |  | +84 |
|  | July 30 |  | October 30 |  |  |
|  | 2017 |  | 2016 |  |  |
Identifiable assets: |  |  |  |  |  |  |  |  |
Agriculture and turf |  | $ | 9,143 |  | $ | 8,405 |  | +9 |
Construction and forestry |  |  | 3,239 |  |  | 3,017 |  | +7 |
Financial services |  |  | 42,255 |  |  | 40,837 |  | +3 |
Corporate |  |  | 7,713 |  |  | 5,659 |  | +36 |
Total assets |  | $ | 62,350 |  | $ | 57,918 |  | +8 |
* Operating profit is income from continuing operations before corporate expenses, certain external interest expense, certain foreign exchange gains and losses, and income taxes. Operating profit of the financial services segment includes the effect of interest expense and foreign exchange gains and losses. ** Reconciling items are primarily corporate expenses, certain external interest expense, certain foreign exchange gains and losses, and net income attributable to noncontrolling interests.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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