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EARNINGS PER SHARE

3 Months Ended

Jan. 30, 2022

EARNINGS PER SHARE

EARNINGS PER SHARE

(6)  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 30		​	January 31		​
​	​	2022		​	2021		​
Net income attributable to Deere & Company		$	903		$	1,224	​
Average shares outstanding	​	​	307.4	​		313.5	​
Basic per share	​	$	2.94	​	$	3.90	​
​	​	​	​	​	​	​	​
Average shares outstanding	​	​	307.4	​		313.5	​
Effect of dilutive share-based compensation	​	​	2.0	​		2.6	​
Total potential shares outstanding	​	​	309.4	​		316.1	​
Diluted per share	​	$	2.92	​	$	3.87	​

​

During both the first quarter of 2022 and 2021, .1 million shares 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=124432515&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=124432515&loc=d3e3630-109257

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