XML 19 R2.htm IDEA: XBRL DOCUMENT v3.20.4
STATEMENT OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Nov. 01, 2020
Nov. 03, 2019
Oct. 28, 2018
Net Sales and Revenues      
Net sales and revenues $ 35,540.0 $ 39,258.0 $ 37,358.0
Costs and Expenses      
Research and development expenses 1,644.0 1,783.0 1,658.0
Selling, administrative and general expenses 3,477.0 3,551.0 3,455.0
Interest expense 1,247.0 1,466.0 1,204.0
Total 31,657.0 35,170.0 33,287.0
Income of Consolidated Group before Income Taxes 3,883.0 4,088.0 4,071.0
Provision for income taxes 1,082.0 852.0 1,727.0
Income of Consolidated Group 2,801.0 3,236.0 2,344.0
Equity in income (loss) of unconsolidated affiliates (48.0) 21.0 27.0
Net Income 2,753.0 3,257.0 2,371.0
Less: Net income attributable to noncontrolling interests 2.0 4.0 3.0
Net Income Attributable to Deere & Company $ 2,751.0 $ 3,253.0 $ 2,368.0
Per Share Data      
Basic (in dollars per share) $ 8.77 $ 10.28 $ 7.34
Diluted (in dollars per share) 8.69 10.15 7.24
Dividends declared (in dollars per share) $ 3.04 $ 3.04 $ 2.58
Average Shares Outstanding      
Basic (in shares) 313.5 316.5 322.6
Diluted (in shares) 316.6 320.6 327.3
Net Sales      
Net Sales and Revenues      
Net sales and revenues $ 31,272.0 $ 34,886.0 $ 33,351.0
Costs and Expenses      
Costs and expenses 23,677.0 26,792.0 25,571.0
Finance and Interest Income      
Net Sales and Revenues      
Net sales and revenues 3,450.0 3,493.0 3,107.0
Other      
Net Sales and Revenues      
Net sales and revenues 818.0 879.0 900.0
Costs and Expenses      
Costs and expenses $ 1,612.0 $ 1,578.0 $ 1,399.0