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EARNINGS PER SHARE
 9 Months Ended
Aug. 01, 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:

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Three Months Ended 

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Nine Months Ended

 

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August 1

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August 2

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August 1

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August 2

 

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2021

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2020

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2021

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2020

 

Net income attributable to Deere & Company

    

$

1,667

    

$

811

    

$

4,680

    

$

1,993

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Average shares outstanding

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​

311.0

​

 

313.0

​

​

312.4

​

 

313.3

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Basic per share

​

$

5.36

​

$

2.59

​

$

14.98

​

$

6.36

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​

​

​

​

​

​

​

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​

​

​

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​

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Average shares outstanding

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​

311.0

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313.0

​

​

312.4

​

 

313.3

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Effect of dilutive share-based compensation

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​

2.4

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2.8

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​

2.5

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3.1

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Total potential shares outstanding

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​

313.4

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315.8

​

​

314.9

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316.4

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Diluted per share

​

$

5.32

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$

2.57

​

$

14.86

​

$

6.30

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​

During the third quarter and first nine months of 2021, no shares were antidilutive. During the third quarter and first nine months of 2020, 1.2 million shares and .8 million shares, respectively, were excluded from the above per share computation because the incremental shares would have been antidilutive.