XML 51 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
STATEMENT OF CONSOLIDATED INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Jan. 31, 2015
Jan. 31, 2014
Net Sales and Revenues    
Net sales $ 5,605.1us-gaap_SalesRevenueGoodsNet $ 6,948.5us-gaap_SalesRevenueGoodsNet
Finance and interest income 593.6us-gaap_FinancialServicesRevenue 531.5us-gaap_FinancialServicesRevenue
Other income 184.4us-gaap_OtherIncome 174.0us-gaap_OtherIncome
Total 6,383.1us-gaap_Revenues 7,654.0us-gaap_Revenues
Costs and Expenses    
Cost of sales 4,420.6us-gaap_CostOfGoodsSold 5,195.5us-gaap_CostOfGoodsSold
Research and development expenses 333.2us-gaap_ResearchAndDevelopmentExpense 323.7us-gaap_ResearchAndDevelopmentExpense
Selling, administrative and general expenses 659.0us-gaap_SellingGeneralAndAdministrativeExpense 765.9us-gaap_SellingGeneralAndAdministrativeExpense
Interest expense 180.1us-gaap_InterestExpense 171.7us-gaap_InterestExpense
Other operating expenses 222.6us-gaap_OtherCostAndExpenseOperating 232.3us-gaap_OtherCostAndExpenseOperating
Total 5,815.5us-gaap_CostsAndExpenses 6,689.1us-gaap_CostsAndExpenses
Income of Consolidated Group before Income Taxes 567.6us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 964.9us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision for income taxes 170.5us-gaap_IncomeTaxExpenseBenefit 280.5us-gaap_IncomeTaxExpenseBenefit
Income of Consolidated Group 397.1de_IncomeLossFromContinuingOperationsBeforeIncomeLossFromEquityMethodInvestments 684.4de_IncomeLossFromContinuingOperationsBeforeIncomeLossFromEquityMethodInvestments
Equity in loss of unconsolidated affiliates (10.2)us-gaap_IncomeLossFromEquityMethodInvestments (3.1)us-gaap_IncomeLossFromEquityMethodInvestments
Net Income 386.9us-gaap_ProfitLoss 681.3us-gaap_ProfitLoss
Less: Net income attributable to noncontrolling interests 0.1us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 0.2us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net Income Attributable to Deere & Company $ 386.8us-gaap_NetIncomeLoss $ 681.1us-gaap_NetIncomeLoss
Per Share Data    
Basic (in dollars per share) $ 1.13us-gaap_EarningsPerShareBasic $ 1.83us-gaap_EarningsPerShareBasic
Diluted (in dollars per share) $ 1.12us-gaap_EarningsPerShareDiluted $ 1.81us-gaap_EarningsPerShareDiluted
Average Shares Outstanding    
Basic (in shares) 343.1us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 371.9us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 345.7us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 375.4us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding