SEGMENT REPORTING (Tables)

9 Months Ended

Jul. 31, 2014

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
	2014			2013			% Change	2014			2013			% Change
Net sales and revenues:
Agriculture and turf	$	6,969		$	7,847		-11	$	20,211		$	22,029		-8
Construction and forestry	1,754			1,469			+19	4,707			4,344			+8
Total net sales	8,723			9,316			-6	24,918			26,373			-6
Financial services	656			587			+12	1,815			1,650			+10
Other revenues	121			107			+13	369			322			+15
Total net sales and revenues	$	9,500		$	10,010		-5	$	27,102		$	28,345		-4
Operating profit: *
Agriculture and turf	$	941		$	1,336		-30	$	2,967		$	3,684		-19
Construction and forestry	194			107			+81	420			259			+62
Financial services	249			234			+6	660			629			+5
Total operating profit	1,384			1,677			-17	4,047			4,572			-11
Reconciling items **	(83		)	(127		)	-35	(324		)	(333		)	-3
Income taxes	(450		)	(553		)	-19	(1,210		)	(1,509		)	-20
Net income attributable to Deere & Company	$	851		$	997		-15	$	2,513		$	2,730		-8
Intersegment sales and revenues:
Agriculture and turf net sales	$	24		$	18		+33	$	66		$	54		+22
Construction and forestry net sales								1			1
Financial services	64			60			+7	169			163			+4
Equipment operations outside the U.S. and Canada:
Net sales	$	3,419		$	3,549		-4	$	9,698		$	10,039		-3
Operating profit	295			323			-9	847			830			+2

	July 31 2014		October 31 2013
Identifiable assets:
Agriculture and turf	$	10,508	$	10,799	-3
Construction and forestry	3,518		3,461		+2
Financial services	42,737		38,646		+11
Corporate	4,986		6,615		-25
Total assets	$	61,749	$	59,521	+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.