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STATEMENTS OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Jan. 28, 2024
Jan. 29, 2023
Net Sales and Revenues    
Net sales and revenues $ 12,185 $ 12,652
Costs and Expenses    
Research and development expenses 533 495
Selling, administrative and general expenses 1,066 952
Interest expense 802 479
Other operating expenses 369 299
Total 9,970 10,159
Income of Consolidated Group before Income Taxes 2,215 2,493
Provision for income taxes 469 537
Income of Consolidated Group 1,746 1,956
Equity in income of unconsolidated affiliates 2 1
Net Income 1,748 1,957
Less: Net loss attributable to noncontrolling interests (3) (2)
Net Income Attributable to Deere & Company $ 1,751 $ 1,959
Per Share Data    
Basic (in dollars per share) $ 6.25 $ 6.58
Diluted (in dollars per share) 6.23 6.55
Dividends declared (in dollars per share) 1.47 1.20
Dividends paid (in dollars per share) $ 1.35 $ 1.13
Average Shares Outstanding    
Basic (in shares) 279.9 297.6
Diluted (in shares) 281.1 299.1
Net Sales    
Net Sales and Revenues    
Net sales and revenues $ 10,486 $ 11,402
Cost of Sales    
Cost of sales 7,200 7,934
Finance and Interest Income    
Net Sales and Revenues    
Net sales and revenues 1,360 994
Other income    
Net Sales and Revenues    
Net sales and revenues $ 339 $ 256