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SUPPLEMENTAL INFORMATION (UNAUDITED)

12 Months Ended

Nov. 01, 2020

SUPPLEMENTAL INFORMATION (UNAUDITED)

29. SUPPLEMENTAL INFORMATION (UNAUDITED)

The $1 par value common stock of Deere & Company is listed on the New York Stock Exchange under the symbol “DE”. At November 1, 2020, there were 19,226 holders of record of the company’s $1 par value common stock.

Quarterly information with respect to net sales and revenues and earnings is shown in the following schedule. The company uses a 52/53 week fiscal year ending on the last Sunday in the reporting period (see Note 1). Fiscal year 2020 contained 52 weeks and the fourth quarter contained 13 weeks compared to 53 weeks and 14 weeks in the respective periods in fiscal year 2019. The interim periods (quarters) end in January, April, and July. Such information is shown in millions of dollars except for per share amounts.


	First		Second		Third		Fourth
	Quarter		Quarter		Quarter		Quarter
2020*
Net sales and revenues	$	7,631	$	9,253	$	8,925	$	9,731
Net sales		6,530		8,224		7,859		8,659
Gross profit		1,452		1,930		2,024		2,189
Income before income taxes		569		929		1,270		1,115
Net income attributable to Deere & Company		517		666		811		757
Per share data:
Basic		1.65		2.13		2.59		2.41
Diluted		1.63		2.11		2.57		2.39
Dividends declared		.76		.76		.76		.76
Dividends paid		.76		.76		.76		.76
2019*
Net sales and revenues	$	7,984	$	11,342	$	10,036	$	9,896
Net sales		6,941		10,273		8,969		8,703
Gross profit		1,509		2,518		2,099		1,968
Income before income taxes		677		1,473		1,113		825
Net income attributable to Deere & Company		498		1,135		899		721
Per share data:
Basic		1.56		3.57		2.84		2.30
Diluted		1.54		3.52		2.81		2.27
Dividends declared		.76		.76		.76		.76
Dividends paid		.69		.76		.76		.76

Net income per share for each quarter must be computed independently. As a result, their sum may not equal the total net income per share for the year.

* See Note 5 for “Special Items.”