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CAPITAL STOCK (Tables)
12 Months Ended
Oct. 29, 2017
CAPITAL STOCK  
Changes in the Common Stock Account

Changes in the common stock account in millions were as follows:

 

 

 

 

 

 

 

 

 

 

Number of

 

 

 

 

 

    

Shares Issued

    

Amount

 

Balance at November 2, 2014

    

536.4

    

$

3,675

 

Stock options and other

 

 

 

 

151

 

Balance at November 1, 2015

 

536.4

 

 

3,826

 

Stock options and other

 

 

 

 

86

 

Balance at October 30, 2016

 

536.4

 

 

3,912

 

Stock options and other

 

 

 

 

369

 

Balance at October 29, 2017

 

536.4

 

$

4,281

 

 

Reconciliation of Basic and Diluted Net Income Per Share

A reconciliation of basic and diluted net income per share attributable to Deere & Company follows in millions, except per share amounts:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    2017    

 

    2016    

 

    2015    

 

Net income attributable to Deere & Company

 

$

2,159.1

 

$

1,523.9

 

$

1,940.0

 

Less income allocable to participating securities

 

 

.6

 

 

.7

 

 

.8

 

Income allocable to common stock

 

$

2,158.5

 

$

1,523.2

 

$

1,939.2

 

Average shares outstanding

 

 

319.5

 

 

315.2

 

 

333.6

 

Basic per share

 

$

6.76

 

$

4.83

 

$

5.81

 

Average shares outstanding

 

 

319.5

 

 

315.2

 

 

333.6

 

Effect of dilutive stock options

 

 

3.8

 

 

1.4

 

 

2.4

 

Total potential shares outstanding

 

 

323.3

 

 

316.6

 

 

336.0

 

Diluted per share

 

$

6.68

 

$

4.81

 

$

5.77