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STATEMENT OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Jan. 31, 2021
Feb. 02, 2020
Net Sales and Revenues    
Net sales and revenues $ 9,112 $ 7,631
Costs and Expenses    
Research and development expenses 366 425
Selling, administrative and general expenses 769 809
Interest expense 271 336
Total 7,584 7,062
Income of Consolidated Group before Income Taxes 1,528 569
Provision for income taxes 308 50
Income of Consolidated Group 1,220 519
Equity in income (loss) of unconsolidated affiliates 4 (1)
Net Income 1,224 518
Less: Net income attributable to noncontrolling interests 0 1
Net Income Attributable to Deere & Company $ 1,224 $ 517
Per Share Data    
Basic (in dollars per share) $ 3.90 $ 1.65
Diluted (in dollars per share) $ 3.87 $ 1.63
Average Shares Outstanding    
Basic (in shares) 313.5 313.5
Diluted (in shares) 316.1 317.2
Net Sales    
Net Sales and Revenues    
Net sales $ 8,051 $ 6,530
Costs and Expenses    
Costs and expenses 5,805 5,077
Finance and Interest Income    
Net Sales and Revenues    
Net sales and revenues 834 896
Other    
Net Sales and Revenues    
Net sales and revenues 227 205
Costs and Expenses    
Costs and expenses $ 373 $ 415