SEGMENT REPORTING (Tables)

3 Months Ended

Jan. 31, 2016

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 January 31
					%
	2016		2015		Change
Net sales and revenues:
Agriculture and turf	$	3,600	$	4,081	-12
Construction and forestry		1,169		1,524	-23
Total net sales		4,769		5,605	-15
Financial services		636		648	-2
Other revenues		120		130	-8
Total net sales and revenues	$	5,525	$	6,383	-13
Operating profit: *
Agriculture and turf	$	144	$	268	-46
Construction and forestry		70		146	-52
Financial services		194		233	-17
Total operating profit		408		647	-37
Reconciling items **		(58)		(89)	-35
Income taxes		(96)		(171)	-44
Net income attributable to Deere & Company	$	254	$	387	-34
Intersegment sales and revenues:
Agriculture and turf net sales	$	7	$	13	-46
Construction and forestry net sales
Financial services		47		50	-6
Equipment operations outside the U.S. and Canada:
Net sales	$	1,708	$	1,873	-9
Operating profit		21		77	-73

	January 31		October 31
	2016		2015
Identifiable assets:
Agriculture and turf	$	8,708	$	8,332	+5
Construction and forestry		3,143		3,295	-5
Financial services		39,410		40,909	-4
Corporate		4,775		5,412	-12
Total assets	$	56,036	$	57,948	-3

* Operating profit is income from continuing operations before corporate expenses, certain external interest expense, certain foreign exchange gains and losses and incometaxes.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.