SUPPLEMENTAL INFORMATION (UNAUDITED) (Tables)

12 Months Ended

Oct. 28, 2018

SUPPLEMENTAL INFORMATION (UNAUDITED)

Quarterly information with respect to net sales and revenues and earnings is shown in the following schedule. The company’s fiscal year ends in October and its interim periods (quarters) end in January, April, and July. Such information is shown in millions of dollars except for per share amounts.


	First		Second		Third		Fourth
	Quarter		Quarter		Quarter		Quarter
2018
Net sales and revenues	$	6,913	$	10,720	$	10,309	$	9,416
Net sales		5,974		9,747		9,287		8,343
Gross profit		1,269		2,414		2,134		1,962
Income before income taxes		518		1,384		1,190		979
Net income (loss) attributable to Deere & Company		(535)		1,208		910		785
Per share data:
Basic		(1.66)		3.73		2.81		2.45
Diluted		(1.66)		3.67		2.78		2.42
Dividends declared		.60		.60		.69		.69
Dividends paid		.60		.60		.60		.69
2017*
Net sales and revenues	$	5,625	$	8,287	$	7,808	$	8,018
Net sales		4,698		7,260		6,833		7,094
Gross profit**		916		1,832		1,585		1,686
Income before income taxes		328		1,169		890		767
Net income attributable to Deere & Company		199		808		642		510
Per share data:
Basic		.63		2.53		2.00		1.59
Diluted		.62		2.50		1.97		1.57
Dividends declared		.60		.60		.60		.60
Dividends paid		.60		.60		.60		.60

Net income per share for each quarter must be computed independently. As a result, their sum may not equal the total net income per share for the year.

* See Note 5 for “Special Items.”

** Amounts restated for the adoption of ASU No. 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost. See Note 3.