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SUPPLEMENTAL INFORMATION (UNAUDITED)
12 Months Ended
Nov. 03, 2019
SUPPLEMENTAL INFORMATION (UNAUDITED)  
SUPPLEMENTAL INFORMATION (UNAUDITED)

30. SUPPLEMENTAL INFORMATION (UNAUDITED)

The $1 par value common stock of Deere & Company is listed on the New York Stock Exchange under the symbol “DE”. At November 3, 2019, there were 19,873 holders of record of the company’s $1 par value common stock.

Quarterly information with respect to net sales and revenues and earnings is shown in the following schedule. The company uses a 52/53 week fiscal year ending on the last Sunday in the reporting period (see Note 1). Fiscal year 2019 contained 53 weeks and the fourth quarter contained 14 weeks compared to 52 weeks and 13 weeks in the respective periods in 2018. The interim periods (quarters) end in January, April, and July. Such information is shown in millions of dollars except for per share amounts.

    

First

    

Second

    

Third

    

Fourth

 

  

Quarter

  

Quarter

  

Quarter

  

Quarter

 

2019*

 

Net sales and revenues

$

7,984

$

11,342

$

10,036

$

9,896

Net sales

 

6,941

 

10,273

 

8,969

 

8,703

Gross profit

 

1,509

 

2,518

 

2,099

 

1,968

Income before income taxes

 

677

 

1,473

 

1,113

 

825

Net income attributable to Deere & Company

 

498

 

1,135

 

899

 

721

Per share data:

Basic

 

1.56

 

3.57

 

2.84

 

2.30

Diluted

 

1.54

 

3.52

 

2.81

 

2.27

Dividends declared

 

.76

 

.76

 

.76

 

.76

Dividends paid

 

.69

 

.76

 

.76

 

.76

2018

Net sales and revenues

$

6,913

$

10,720

$

10,309

$

9,416

Net sales

 

5,974

 

9,747

 

9,287

 

8,343

Gross profit

 

1,270

 

2,414

 

2,134

 

1,962

Income before income taxes

 

518

 

1,384

 

1,190

 

979

Net income (loss) attributable to Deere & Company

 

(535)

 

1,208

 

910

 

785

Per share data:

Basic

 

(1.66)

 

3.73

 

2.81

 

2.45

Diluted

 

(1.66)

 

3.67

 

2.78

 

2.42

Dividends declared

 

.60

 

.60

 

.69

 

.69

Dividends paid

 

.60

 

.60

 

.60

 

.69

Net income per share for each quarter must be computed independently. As a result, their sum may not equal the total net income per share for the year.

*    See Note 5 for “Special Items.”