DISPOSITION

3 Months Ended

Jan. 31, 2015

DISPOSITION

DISPOSITION

(18) In December 2014, the Company entered into an agreement to sell all the stock of its wholly-owned subsidiaries, John Deere Insurance Company and John Deere Risk Protection, Inc. (collectively the Crop Insurance operations) to Farmers Mutual Hail Insurance Company of Iowa.  The Company is projecting to close the sale by April 2015 and does not anticipate a significant pretax or after-tax gain resulting from the sale.  These operations are reflected as assets and liabilities held for sale and are included in the Company’s financial services segment.  The sale is a result of the Company’s intention to invest its resources in growing its core businesses.

The carrying amounts of the major classes of assets and liabilities of the Crop Insurance operations that were classified as held for sale on the consolidated balance sheet in millions of dollars follow:

	January 31, 2015
Cash and cash equivalents	$	13
Marketable securities	79
Other receivables	265
Other intangible assets - net	4
Deferred income taxes	4
Other assets	20
Total assets held for sale	$	385
Account payable and accrued expenses, and Total liabilities held for sale	$	267