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STATEMENTS OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jul. 28, 2024
Jul. 30, 2023
Jul. 28, 2024
Jul. 30, 2023
Net Sales and Revenues        
Net sales and revenues $ 13,152 $ 15,801 $ 40,572 $ 45,839
Costs and Expenses        
Research and development expenses 567 528 1,664 1,571
Selling, administrative and general expenses 1,278 1,110 3,608 3,392
Interest expense 840 623 2,478 1,671
Other operating expenses 264 310 930 971
Total 10,797 12,195 32,885 35,893
Income of Consolidated Group before Income Taxes 2,355 3,606 7,687 9,946
Provision for income taxes 625 636 1,845 2,164
Income of Consolidated Group 1,730 2,970 5,842 7,782
Equity in income of unconsolidated affiliates 1 2 4 5
Net Income 1,731 2,972 5,846 7,787
Less: Net loss attributable to noncontrolling interests (3) (6) (9) (10)
Net Income Attributable to Deere & Company $ 1,734 $ 2,978 $ 5,855 $ 7,797
Per Share Data        
Basic (in dollars per share) $ 6.32 $ 10.24 $ 21.13 $ 26.48
Diluted (in dollars per share) 6.29 10.20 21.04 26.35
Dividends declared (in dollars per share) 1.47 1.25 4.41 3.70
Dividends paid (in dollars per share) $ 1.47 $ 1.25 $ 4.29 $ 3.58
Average Shares Outstanding        
Basic (in shares) 274.5 290.8 277.1 294.4
Diluted (in shares) 275.6 292.1 278.2 295.9
Net Sales        
Net Sales and Revenues        
Net sales and revenues $ 11,387 $ 14,284 $ 35,484 $ 41,765
Cost of Sales        
Cost of sales 7,848 9,624 24,205 28,288
Finance and Interest Income        
Net Sales and Revenues        
Net sales and revenues 1,461 1,253 4,207 3,326
Other income        
Net Sales and Revenues        
Net sales and revenues $ 304 $ 264 $ 881 $ 748