SEGMENT REPORTING (Tables)

3 Months Ended

Jan. 28, 2018

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
	January 28		January 29		%
	2018		2017		Change
Net sales and revenues:
Agriculture and turf	$	4,243	$	3,598	+18
Construction and forestry		1,731		1,100	+57
Total net sales		5,974		4,698	+27
Financial services		776		696	+11
Other revenues		163		231	-29
Total net sales and revenues	$	6,913	$	5,625	+23
Operating profit: *
Agriculture and turf	$	387	$	218	+78
Construction and forestry		32		37	-14
Financial services		217		167	+30
Total operating profit		636		422	+51
Reconciling items **		(113)		(94)	+20
Income taxes		(1,058)		(129)	+720
Net income (loss) attributable to Deere & Company	$	(535)	$	199

Intersegment sales and revenues:
Agriculture and turf net sales	$	9	$	7	+29
Construction and forestry net sales
Financial services		63		49	+29

Equipment operations outside the U.S. and Canada:
Net sales	$	2,509	$	1,892	+33
Operating profit		146		76	+92


	January 28		October 29
	2018		2017
Identifiable assets:
Agriculture and turf	$	10,272	$	9,359	+10
Construction and forestry		9,900		3,212	+208
Financial services		42,302		42,596	-1
Corporate		4,103		10,619	-61
Total assets	$	66,577	$	65,786	+1

* 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, pension and postretirement benefit costs excluding the service cost component, and net income attributable to noncontrolling interests.