XML 95 R83.htm IDEA: XBRL DOCUMENT v3.8.0.1
SUPPLEMENTAL CONSOLIDATING DATA - Statement of Income (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Apr. 29, 2018
Apr. 30, 2017
Apr. 29, 2018
Apr. 30, 2017
Net Sales and Revenues        
Net sales $ 9,747.0 $ 7,259.8 $ 15,721.0 $ 11,957.7
Finance and interest income 753.9 665.0 1,476.8 1,320.5
Other income 219.1 362.2 435.7 634.0
Total 10,720.0 8,287.0 17,633.5 13,912.2
Costs and Expenses        
Cost of sales 7,333.3 5,427.7 12,037.8 9,209.2
Research and development expenses 415.2 325.4 772.0 637.5
Selling, administrative and general expenses 939.2 783.6 1,644.3 1,451.0
Interest expense 303.7 226.9 590.0 434.9
Other operating expenses 344.9 354.1 687.8 682.3
Total 9,336.3 7,117.7 15,731.9 12,414.9
Income of Consolidated Group before Income Taxes 1,383.7 1,169.3 1,901.6 1,497.3
Provision (credit) for income taxes 177.1 365.8 1,234.7 495.1
Income of Consolidated Group 1,206.6 803.5 666.9 1,002.2
Equity in Income of Unconsolidated Subsidiaries and Affiliates        
Net Income 1,209.7 808.3 674.9 1,006.7
Less: Net income (loss) attributable to noncontrolling interests 1.4 (0.2) 1.7 (0.8)
Net Income Attributable to Deere & Company 1,208.3 808.5 673.2 1,007.5
Equipment Operations        
Net Sales and Revenues        
Net sales 9,747.0 7,259.8 15,721.0 11,957.7
Finance and interest income 27.8 18.7 39.4 40.0
Other income 202.9 339.6 399.3 597.6
Total 9,977.7 7,618.1 16,159.7 12,595.3
Costs and Expenses        
Cost of sales 7,333.8 5,428.1 12,038.8 9,210.0
Research and development expenses 415.2 325.4 772.0 637.5
Selling, administrative and general expenses 799.5 644.1 1,390.2 1,189.3
Interest expense 78.2 67.0 174.2 133.8
Interest compensation to Financial Services 80.6 60.4 142.2 106.1
Other operating expenses 66.7 83.2 138.9 148.9
Total 8,774.0 6,608.2 14,656.3 11,425.6
Income of Consolidated Group before Income Taxes 1,203.7 1,009.9 1,503.4 1,169.7
Provision (credit) for income taxes 100.8 309.7 1,364.7 384.6
Income of Consolidated Group 1,102.9 700.2 138.7 785.1
Equity in Income of Unconsolidated Subsidiaries and Affiliates        
Equity in Income of Unconsolidated Subsidiaries and Affiliates 106.8 108.1 536.2 221.6
Net Income 1,209.7 808.3 674.9 1,006.7
Less: Net income (loss) attributable to noncontrolling interests 1.4 (0.2) 1.7 (0.8)
Net Income Attributable to Deere & Company 1,208.3 808.5 673.2 1,007.5
Equipment Operations | Financial Services        
Equity in Income of Unconsolidated Subsidiaries and Affiliates        
Equity in Income of Unconsolidated Subsidiaries and Affiliates 104.1 103.5 529.4 217.9
Equipment Operations | Other        
Equity in Income of Unconsolidated Subsidiaries and Affiliates        
Equity in Income of Unconsolidated Subsidiaries and Affiliates 2.7 4.6 6.8 3.7
Financial Services        
Net Sales and Revenues        
Finance and interest income 812.5 716.4 1,589.4 1,403.7
Other income 64.9 61.0 127.7 119.2
Total 877.4 777.4 1,717.1 1,522.9
Costs and Expenses        
Selling, administrative and general expenses 141.5 141.3 257.7 264.7
Interest expense 231.2 169.4 425.3 318.1
Other operating expenses 324.7 307.3 635.9 612.5
Total 697.4 618.0 1,318.9 1,195.3
Income of Consolidated Group before Income Taxes 180.0 159.4 398.2 327.6
Provision (credit) for income taxes 76.3 56.1 (130.0) 110.5
Income of Consolidated Group 103.7 103.3 528.2 217.1
Equity in Income of Unconsolidated Subsidiaries and Affiliates        
Equity in Income of Unconsolidated Subsidiaries and Affiliates 0.4 0.2 1.2 0.8
Net Income 104.1 103.5 529.4 217.9
Net Income Attributable to Deere & Company 104.1 103.5 529.4 217.9
Financial Services | Financial Services        
Equity in Income of Unconsolidated Subsidiaries and Affiliates        
Equity in Income of Unconsolidated Subsidiaries and Affiliates $ 0.4 $ 0.2 $ 1.2 $ 0.8