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STATEMENTS OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Jan. 30, 2022
Jan. 31, 2021
Net Sales and Revenues    
Net sales and revenues $ 9,569 $ 9,112
Costs and Expenses    
Research and development expenses 402 366
Selling, administrative and general expenses 781 769
Interest expense 229 271
Total 8,418 7,584
Income of Consolidated Group before Income Taxes 1,151 1,528
Provision for income taxes 250 308
Income of Consolidated Group 901 1,220
Equity in income of unconsolidated affiliates 3 4
Net Income 904 1,224
Less: Net income attributable to noncontrolling interests 1  
Net Income Attributable to Deere & Company $ 903 $ 1,224
Per Share Data    
Basic (in dollars per share) $ 2.94 $ 3.90
Diluted (in dollars per share) 2.92 3.87
Dividends declared (in dollars per share) 1.05 0.76
Dividends paid (in dollars per share) $ 1.05 $ 0.76
Average Shares Outstanding    
Basic (in shares) 307.4 313.5
Diluted (in shares) 309.4 316.1
Net Sales    
Net Sales and Revenues    
Net sales and revenues $ 8,531 $ 8,051
Costs and Expenses    
Costs and expenses 6,695 5,805
Finance and Interest Income    
Net Sales and Revenues    
Net sales and revenues 800 834
Other    
Net Sales and Revenues    
Net sales and revenues 238 227
Costs and Expenses    
Costs and expenses $ 311 $ 373