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STATEMENT OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Feb. 02, 2020
Jan. 27, 2019
Net Sales and Revenues    
Net sales and revenues $ 7,631 $ 7,984
Costs and Expenses    
Research and development expenses 425 407
Selling, administrative and general expenses 809 764
Interest expense 336 353
Total 7,062 7,307
Income of Consolidated Group before Income Taxes 569 677
Provision for income taxes 50 184
Income of Consolidated Group 519 493
Equity in income (loss) of unconsolidated affiliates (1) 7
Net Income 518 500
Less: Net income attributable to noncontrolling interests 1 2
Net Income Attributable to Deere & Company $ 517 $ 498
Per Share Data    
Basic (in dollars per share) $ 1.65 $ 1.56
Diluted (in dollars per share) $ 1.63 $ 1.54
Average Shares Outstanding    
Basic (in shares) 313.5 318.5
Diluted (in shares) 317.2 322.7
Net Sales    
Net Sales and Revenues    
Net sales $ 6,530 $ 6,941
Costs and Expenses    
Costs and expenses 5,077 5,432
Finance and Interest Income    
Net Sales and Revenues    
Net sales and revenues 896 815
Other    
Net Sales and Revenues    
Net sales and revenues 205 228
Costs and Expenses    
Costs and expenses $ 415 $ 351