SEGMENT REPORTING (Tables)

6 Months Ended

Apr. 30, 2015

SEGMENT REPORTING

Schedule of Segment Reporting Information

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

	Three Months Ended April 30					Six Months Ended April 30
	2015		2014		% Change	2015		2014		% Change
Net sales and revenues:
Agriculture and turf	$	5,766	$	7,646	-25	$	9,847	$	13,242	-26
Construction and forestry	1,633		1,600		+2	3,157		2,953		+7
Total net sales	7,399		9,246		-20	13,004		16,195		-20
Financial services	653		572		+14	1,301		1,159		+12
Other revenues	119		130		-8	249		248
Total net sales and revenues	$	8,171	$	9,948	-18	$	14,554	$	17,602	-17
Operating profit: *
Agriculture and turf	$	639	$	1,229	-48	$	907	$	2,026	-55
Construction and forestry	189		132		+43	335		226		+48
Financial services	265		229		+16	498		411		+21
Total operating profit	1,093		1,590		-31	1,740		2,663		-35
Reconciling items **	(79)		(130)		-39	(168)		(241)		-30
Income taxes	(324)		(479)		-32	(495)		(760)		-35
Net income attributable to Deere & Company	$	690	$	981	-30	$	1,077	$	1,662	-35
Intersegment sales and revenues:
Agriculture and turf net sales	$	12	$	23	-48	$	25	$	42	-40
Construction and forestry net sales								1
Financial services	56		59		-5	106		105		+1
Equipment operations outside the U.S. and Canada:
Net sales	$	2,628	$	3,672	-28	$	4,502	$	6,280	-28
Operating profit	231		341		-32	308		552		-44

	April 30 2015		October 31 2014
Identifiable assets:
Agriculture and turf	$	9,252	$	9,442	-2
Construction and forestry	3,565		3,405		+5
Financial services	41,398		42,784		-3
Corporate	5,379		5,705		-6
Total assets	$	59,594	$	61,336	-3

* 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.