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EARNINGS PER SHARE
 6 Months Ended
Apr. 28, 2019
EARNINGS PER SHARE  
EARNINGS PER SHARE

(7)  Earnings Per Share

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

Three Months Ended 

 

Six Months Ended

 

 

 

April 28

 

April 29

 

April 28

 

April 29

 

 

 

2019

 

2018

 

2019

 

2018

 

Net income attributable to Deere & Company

    

$

1,134.9

    

$

1,208.3

    

$

1,633.4

    

$

673.2

 

Less income allocable to participating securities

 

 

 

 

 

.2

 

 

.2

 

 

.1

 

Income allocable to common stock

 

$

1,134.9

 

$

1,208.1

 

$

1,633.2

 

$

673.1

 

Average shares outstanding

 

 

317.9

 

 

324.2

 

 

318.1

 

 

323.4

 

Basic per share

 

$

3.57

 

$

3.73

 

$

5.13

 

$

2.08

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average shares outstanding

 

 

317.9

 

 

324.2

 

 

318.1

 

 

323.4

 

Effect of dilutive share-based compensation

 

 

4.3

 

 

5.0

 

 

4.3

 

 

5.0

 

Total potential shares outstanding

 

 

322.2

 

 

329.2

 

 

322.4

 

 

328.4

 

Diluted per share

 

$

3.52

 

$

3.67

 

$

5.07

 

$

2.05

 

During the second quarter and first six months of 2019, .6 million shares and .6 million shares, respectively, were excluded from the computation because the incremental shares would have been antidilutive. During the second quarter and first six months of 2018, .5 million shares and .3 million shares, respectively, were excluded from the above per share computation.