EARNINGS PER SHARE

9 Months Ended

Jul. 29, 2018

(6) A reconciliation of basic and diluted net income per share attributable to Deere & Company follows in millions, except per share amounts:


	Three Months Ended				Nine Months Ended
	July 29		July 30		July 29		July 30
	2018		2017		2018		2017
Net income attributable to Deere & Company	$	910.3	$	641.8	$	1,583.6	$	1,648.8
Less income allocable to participating securities		.1		.2		.3		.4
Income allocable to common stock	$	910.2	$	641.6	$	1,583.3	$	1,648.4
Average shares outstanding		323.5		320.8		323.4		318.8
Basic per share	$	2.81	$	2.00	$	4.90	$	5.17

Average shares outstanding		323.5		320.8		323.4		318.8
Effect of dilutive share-based compensation		4.5		4.3		4.8		3.7
Total potential shares outstanding		328.0		325.1		328.2		322.5
Diluted per share	$	2.78	$	1.97	$	4.82	$	5.11

During the third quarter and first nine months of 2018, .5 million shares and .4 million shares, respectively, were excluded from the computation because the incremental shares would have been antidilutive. During the third quarter and first nine months of 2017, none and .3 million shares, respectively, were excluded in the above per share computation.