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UNCONSOLIDATED AFFILIATED COMPANIES (Tables)
12 Months Ended
Oct. 29, 2017
UNCONSOLIDATED AFFILIATED COMPANIES  
Unconsolidated Affiliated Companies

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

 

 

 

 

 

 

 

 

 

 

 

 

 

Operations

  

    2017    

  

    2016    

  

    2015    

 

Sales

 

$

2,638

 

$

3,206

 

$

3,290

 

Net income

 

 

7

 

 

30

 

 

23

 

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

 

 

(24)

 

 

(2)

 

 

 1

 

 

 

 

 

 

 

 

 

 

 

Financial Position

  

    2017    

  

    2016    

 

Total assets

 

$

1,488

 

$

2,201

 

Total external borrowings

 

 

451

 

 

909

 

Total net assets

 

 

542

 

 

677

 

Deere & Company’s share of the net assets

 

 

182

 

 

233

 

 

Transactions with Unconsolidated Affiliated Companies

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    2017    

  

    2016    

  

    2015    

 

Net sales

 

$

84

 

$

45

 

$

37

 

Purchases

 

 

1,331

 

 

1,016

 

 

1,284