SEGMENT REPORTING (Tables)

9 Months Ended

Jul. 31, 2013

SEGMENT REPORTING

Schedule of Segment Reporting Information by Segment

Worldwide net sales and revenues, operating profit and identifiable assets by segment in millions of dollars follow:

	Three Months Ended July 31							Nine Months Ended July 31
	2013			2012			% Change	2013			2012			%  Change
Net sales and revenues:
Agriculture and turf	$	7,847		$	7,271		+8	$	22,029		$	19,730		+12
Construction and forestry	1,469			1,659			-11	4,344			4,724			-8
Total net sales	9,316			8,930			+4	26,373			24,454			+8
Financial services	587			565			+4	1,650			1,602			+3
Other revenues	107			95			+13	322			309			+4
Total net sales and revenues	$	10,010		$	9,590		+4	$	28,345		$	26,365		+8
Operating profit: *
Agriculture and turf	$	1,336		$	1,014		+32	$	3,684		$	2,991		+23
Construction and forestry	107			113			-5	259			356			-27
Financial services	234			170			+38	629			520			+21
Total operating profit	1,677			1,297			+29	4,572			3,867			+18
Reconciling items **	(127		)	(82		)	+55	(333		)	(256		)	+30
Income taxes	(553		)	(427		)	+30	(1,509		)	(1,234		)	+22
Net income attributable to Deere & Company	$	997		$	788		+26	$	2,730		$	2,377		+15
Intersegment sales and revenues:
Agriculture and turf net sales	$	18		$	18			$	54		$	64		-16
Construction and forestry net sales								1			1
Financial services	60			53			+13	163			172			-5
Equipment operations outside the U.S. and Canada:
Net sales	$	3,549		$	3,371		+5	$	10,039		$	9,505		+6
Operating profit	323			156			+107	830			558			+49
								July 31 2013			October 31 2012
Identifiable assets:
Agriculture and turf								$	10,902		$	10,429		+5
Construction and forestry								3,445			3,365			+2
Financial services								37,390			34,495			+8
Corporate								6,600			7,977			-17
Total assets								$	58,337		$	56,266		+4

* 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.

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