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EARNINGS PER SHARE

3 Months Ended

Jan. 31, 2021

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
​	​	January 31		​	February 2		​
​	​	2021		​	2020		​
Net income attributable to Deere & Company		$	1,224		$	517	​
Average shares outstanding	​	​	313.5	​		313.5	​
Basic per share	​	$	3.90	​	$	1.65	​
​	​	​	​	​	​	​	​
Average shares outstanding	​	​	313.5	​		313.5	​
Effect of dilutive share-based compensation	​	​	2.6	​		3.7	​
Total potential shares outstanding	​	​	316.1	​		317.2	​
Diluted per share	​	$	3.87	​	$	1.63	​

​

During the first quarter of 2021 and 2020, .1 million shares and .2 million shares, respectively, were excluded from the computation because the incremental shares would have been antidilutive.

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257

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