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UNCONSOLIDATED AFFILIATED COMPANIES (Tables)
12 Months Ended
Oct. 31, 2016
UNCONSOLIDATED AFFILIATED COMPANIES  
Unconsolidated Affiliated Companies

Combined financial information of the unconsolidated affiliated companies in millions of dollars follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

Operations

  

    2016    

  

    2015    

  

    2014    

 

Sales

 

$

3,206

 

$

3,290

 

$

3,082

 

Net income

 

 

30

 

 

23

 

 

1

 

Deere & Company’s equity in
net income (loss)

 

 

(2)

 

 

1

 

 

(8)

 

 

 

 

 

 

 

 

 

 

 

Financial Position

  

    2016    

  

    2015    

 

Total assets

 

$

2,201

 

$

2,139

 

Total external borrowings

 

 

909

 

 

660

 

Total net assets

 

 

677

 

 

878

 

Deere & Company’s share of the net assets

 

 

233

 

 

303

 

 

Transactions with Unconsolidated Affiliated Companies

Transactions with unconsolidated affiliated companies reported in the statement of consolidated income in millions of dollars follow:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    2016    

  

    2015    

  

    2014    

 

Net sales

 

$

45

 

$

37

 

$

39

 

Purchases

 

 

1,016

 

 

1,284

 

 

1,415