EARNINGS PER SHARE

6 Months Ended

May 02, 2021

EARNINGS PER SHARE

EARNINGS PER SHARE

(7)  Earnings Per Share

A reconciliation of basic and diluted net income per share attributable to Deere & Company follows in millions, except per share amounts:

	Three Months Ended				Six Months Ended
	May 2		May 3		May 2		May 3
	2021		2020		2021		2020
Net income attributable to Deere & Company	$	1,790	$	666	$	3,013	$	1,182
Average shares outstanding		312.8		313.2		313.1		313.3
Basic per share	$	5.72	$	2.13	$	9.62	$	3.77
Average shares outstanding		312.8		313.2		313.1		313.3
Effect of dilutive share-based compensation		2.4		3.0		2.5		3.4
Total potential shares outstanding		315.2		316.2		315.6		316.7
Diluted per share	$	5.68	$	2.11	$	9.55	$	3.73

During the second quarter and first six months of 2021, no shares were antidilutive. During the second quarter and first six months of 2020, 1.0 million shares and .6 million shares, respectively, were excluded from the above per share computation because the incremental shares would have been antidilutive.