XML 40 R30.htm IDEA: XBRL DOCUMENT v2.4.0.6
SEGMENT REPORTING (Tables)
3 Months Ended
Jan. 31, 2012
SEGMENT REPORTING  
Schedule of Segment Reporting Information by Segment

 

 

 

 

Three Months Ended January 31

 

 

 

 

 

 

 

 

%

 

 

2012

 

 

2011

 

 

Change

Net sales and revenues:

 

 

 

 

 

 

 

 

Agriculture and turf

 

 $

4,724

 

 

 $

4,371

 

 

+8

Construction and forestry

 

1,395

 

 

1,143

 

 

+22

Total net sales

 

6,119

 

 

5,514

 

 

+11

Financial services

 

548

 

 

507

 

 

+8

Other revenues

 

100

 

 

98

 

 

+2

Total net sales and revenues

 

 $

6,767

 

 

 $

6,119

 

 

+11

 

 

 

 

 

 

 

 

 

Operating profit *

 

 

 

 

 

 

 

 

Agriculture and turf

 

 $

574

 

 

 $

558

 

 

+3

Construction and forestry

 

124

 

 

88

 

 

+41

Financial services

 

175

 

 

172

 

 

+2

Total operating profit

 

873

 

 

818

 

 

+7

Other reconciling items **

 

(340

)

 

(304

)

 

+12

Net income attributable to Deere & Company

 

 $

533

 

 

 $

514

 

 

+4

 

 

 

 

 

 

 

 

 

Identifiable assets:

 

 

 

 

 

 

 

 

Agriculture and turf

 

 $

10,154

 

 

 $

8,378

 

 

+21

Construction and forestry

 

3,049

 

 

2,515

 

 

+21

Financial services

 

29,817

 

 

26,626

 

 

+12

Corporate

 

5,557

 

 

5,377

 

 

+3

Total assets

 

 $

48,577

 

 

 $

42,896

 

 

+13

 

 

 

 

 

 

 

 

 

Intersegment sales and revenues:

 

 

 

 

 

 

 

 

Agriculture and turf net sales

 

 $

23

 

 

 $

19

 

 

+21

Construction and forestry net sales

 

 

 

 

3

 

 

 

Financial services

 

52

 

 

48

 

 

+8

 

 

 

 

 

 

 

 

 

Equipment operations outside the U.S. and Canada:

 

 

 

 

 

 

 

 

Net sales

 

 $

2,528

 

 

 $

2,093

 

 

+21

Operating profit

 

170

 

 

214

 

 

-21

 

*    Operating profit is income from continuing operations before corporate expenses, certain external interest expense, certain foreign exchange gains and losses and income taxes.  Operating profit of the financial services segment includes the effect of interest expense and foreign exchange gains and losses.

 

**   Other reconciling items are primarily corporate expenses, certain external interest expense, certain foreign exchange gains and losses, income taxes and net income attributable to noncontrolling interests.