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STATEMENTS OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Apr. 30, 2023
May 01, 2022
Apr. 30, 2023
May 01, 2022
Net Sales and Revenues        
Net sales and revenues $ 17,387 $ 13,370 $ 30,038 $ 22,939
Costs and Expenses        
Research and development expenses 547 453 1,043 855
Selling, administrative and general expenses 1,330 932 2,283 1,713
Interest expense 569 187 1,049 417
Other operating expenses 363 328 660 638
Total 13,539 10,818 23,698 19,236
Income of Consolidated Group before Income Taxes 3,848 2,552 6,340 3,703
Provision for income taxes 991 461 1,528 710
Income of Consolidated Group 2,857 2,091 4,812 2,993
Equity in income of unconsolidated affiliates 2 6 3 8
Net Income 2,859 2,097 4,815 3,001
Less: Net loss attributable to noncontrolling interests (1) (1) (4)  
Net Income Attributable to Deere & Company $ 2,860 $ 2,098 $ 4,819 $ 3,001
Per Share Data        
Basic (in dollars per share) $ 9.69 $ 6.85 $ 16.26 $ 9.78
Diluted (in dollars per share) 9.65 6.81 16.18 9.72
Dividends declared (in dollars per share) 1.25 1.05 2.45 2.10
Dividends paid (in dollars per share) $ 1.20 $ 1.05 $ 2.33 $ 2.10
Average Shares Outstanding        
Basic (in shares) 295.1 306.2 296.3 306.8
Diluted (in shares) 296.5 308.1 297.8 308.8
Net Sales        
Net Sales and Revenues        
Net sales and revenues $ 16,079 $ 12,034 $ 27,481 $ 20,565
Cost of Sales        
Cost of sales 10,730 8,918 18,663 15,613
Finance and Interest Income        
Net Sales and Revenues        
Net sales and revenues 1,079 796 2,073 1,595
Other income        
Net Sales and Revenues        
Net sales and revenues $ 229 $ 540 $ 484 $ 779