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STATEMENT OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jul. 28, 2019
Jul. 29, 2018
Jul. 28, 2019
Jul. 29, 2018
Net Sales and Revenues        
Net sales and revenues $ 10,036 $ 10,308 $ 29,362 $ 27,942
Costs and Expenses        
Research and development expenses 431 416 1,295 1,188
Selling, administrative and general expenses 896 913 2,607 2,557
Interest expense 374 291 1,078 881
Total 8,923 9,118 26,099 24,850
Income of Consolidated Group before Income Taxes 1,113 1,190 3,263 3,092
Provision for income taxes 221 289 748 1,524
Income of Consolidated Group 892 901 2,515 1,568
Equity in income of unconsolidated affiliates 7 10 20 18
Net Income 899 911 2,535 1,586
Less: Net income attributable to noncontrolling interests 0 1 3 2
Net Income Attributable to Deere & Company $ 899 $ 910 $ 2,532 $ 1,584
Per Share Data        
Basic (in dollars per share) $ 2.84 $ 2.81 $ 7.98 $ 4.90
Diluted (in dollars per share) $ 2.81 $ 2.78 $ 7.87 $ 4.82
Average Shares Outstanding        
Basic (in shares) 315.9 323.5 317.3 323.4
Diluted (in shares) 319.8 328.0 321.5 328.2
Net Sales        
Net Sales and Revenues        
Net sales and revenues $ 8,969 $ 9,286 $ 26,182 $ 25,007
Costs and Expenses        
Costs and expenses 6,870 7,152 20,056 19,190
Finance and Interest Income        
Net Sales and Revenues        
Net sales and revenues 884 786 2,537 2,263
Other        
Net Sales and Revenues        
Net sales and revenues 183 236 643 672
Costs and Expenses        
Costs and expenses $ 352 $ 346 $ 1,063 $ 1,034