SEGMENT DATA (Tables)

6 Months Ended

Apr. 27, 2025

Schedule of Segment Reporting Information

Information relating to operations by operating segment follows:


	Three Months Ended					Six Months Ended
	April 27		April 28		%	April 27		April 28		%
	2025		2024		Change	2025		2024		Change
Net sales and revenues
PPA net sales	$	5,230	$	6,581	-21	$	8,297	$	11,430	-27
SAT net sales		2,994		3,185	-6		4,742		5,610	-15
CF net sales		2,947		3,844	-23		4,941		7,057	-30
FS revenues		1,385		1,395	-1		2,856		2,770	+3
Other revenues		207		230	-10		436		553	-21
Total net sales and revenues	$	12,763	$	15,235	-16	$	21,272	$	27,420	-22
Operating profit
PPA	$	1,148	$	1,650	-30	$	1,486	$	2,695	-45
SAT		574		571	+1		698		897	-22
CF		379		668	-43		444		1,234	-64
FS		207		209	-1		473		466	+2
Total operating profit		2,308		3,098	-26		3,101		5,292	-41
Reconciling items		35		23	+52		138		49	+182
Income taxes		(539)		(751)	-28		(566)		(1,220)	-54
Net income attributable to Deere & Company	$	1,804	$	2,370	-24	$	2,673	$	4,121	-35

Intersegment sales and revenues:
PPA net sales			$	7				$	14
SAT net sales				1					2
CF net sales
FS revenues	$	116		193	-40	$	218		370	-41

Operating profit for PPA, SAT, and CF is income from continuing operations before corporate expenses, certain external interest expenses, certain foreign exchange gains and losses, and income taxes. Operating profit of financial services includes the effect of interest expense and foreign exchange gains and losses. Reconciling items to net income are primarily corporate expenses, certain interest income and expenses, certain foreign exchange gains and losses, pension and OPEB benefit (cost) amounts excluding the service cost component, and net income attributable to noncontrolling interests.

Identifiable operating assets were as follows:


	April 27		October 27		April 28
	2025		2024		2024
PPA	$	8,909	$	8,696	$	9,026
SAT		4,234		4,130		4,421
CF		7,753		7,137		7,337
FS		70,569		73,612		73,834
Corporate		14,838		13,745		11,010
Total assets	$	106,303	$	107,320	$	105,628