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STATEMENTS OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Apr. 27, 2025
Apr. 28, 2024
Apr. 27, 2025
Apr. 28, 2024
Net Sales and Revenues        
Net sales and revenues $ 12,763 $ 15,235 $ 21,272 $ 27,420
Costs and Expenses        
Research and development expenses 549 565 1,075 1,098
Selling, administrative and general expenses 1,197 1,265 2,169 2,330
Interest expense 784 836 1,614 1,638
Other operating expenses 287 295 536 664
Total 10,426 12,118 18,040 22,087
Income of Consolidated Group before Income Taxes 2,337 3,117 3,232 5,333
Provision for income taxes 539 751 566 1,220
Income of Consolidated Group 1,798 2,366 2,666 4,113
Equity in income of unconsolidated affiliates 3 2 1 3
Net Income 1,801 2,368 2,667 4,116
Less: Net loss attributable to noncontrolling interests (3) (2) (6) (5)
Net Income Attributable to Deere & Company $ 1,804 $ 2,370 $ 2,673 $ 4,121
Per Share Data        
Basic (in dollars per share) $ 6.65 $ 8.56 $ 9.85 $ 14.8
Diluted (in dollars per share) 6.64 8.53 9.82 14.74
Dividends declared (in dollars per share) 1.62 1.47 3.24 2.94
Dividends paid (in dollars per share) $ 1.62 $ 1.47 $ 3.09 $ 2.82
Average Shares Outstanding        
Basic (in shares) 271.1 276.8 271.3 278.4
Diluted (in shares) 271.8 277.9 272.1 279.5
Net Sales        
Net Sales and Revenues        
Net sales and revenues $ 11,171 $ 13,610 $ 17,980 $ 24,097
Cost of Sales        
Cost of sales 7,609 9,157 12,646 16,357
Finance and Interest Income        
Net Sales and Revenues        
Net sales and revenues 1,354 1,387 2,807 2,746
Other Income        
Net Sales and Revenues        
Net sales and revenues $ 238 $ 238 $ 485 $ 577