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ACQUISITIONS (Tables)

3 Months Ended

Jan. 28, 2018

ACQUISITIONS

Preliminary Fair Values Assigned to the Assets and Liabilities Related to the Acquired Entity

The preliminary fair values assigned to the assets and liabilities of the acquired entity in millions of dollars, which is based on information as of the acquisition date and available at January 28, 2018 follows:

Trade accounts and notes receivable		$	463
Financing receivables			36
Financing receivables securitized			126
Other receivables			100
Inventories			1,568
Property and equipment			755
Goodwill			2,062
Other intangible assets			1,453
Deferred income taxes			79
Other assets			221
Total assets		$	6,863
Short-term borrowings		$	257
Short-term securitization borrowings			127
Accounts payable and accrued expenses			729
Deferred income taxes			504
Long-term borrowings			79
Retirement benefits and other liabilities			28
Total liabilities		$	1,724
Noncontrolling interests		$	9

Preliminary Fair Values and Weighted-Average Useful Lives of Identifiable Intangible Assets

The identifiable intangible assets’ preliminary fair values in millions of dollars and weighted-average useful lives in years follows:

		Weighted-Average Useful Lives		Preliminary Fair Values
Customer lists and relationships		16		$	544
Technology, patents, trademarks, and other		19		$	909

Unaudited Pro Forma Consolidated Net Sales and Revenues and Net Income (Loss)

The unaudited pro forma consolidated net sales and revenues and net income (loss) are prepared as if the acquisition closed at the beginning of fiscal year 2017 and follow in millions of dollars:

		Three Months Ended
		January 28			January 29
		2018			2017
Net sales and revenues		$	7,378		$	6,208
Net income (loss) attributable to Deere & Company		$	(433)		$	105

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(2)-(3)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

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X

- Definition

Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

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X

- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472

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