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STATEMENT OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
May 02, 2021
May 03, 2020
May 02, 2021
May 03, 2020
Net Sales and Revenues        
Net sales and revenues $ 12,058 $ 9,253 $ 21,170 $ 16,884
Costs and Expenses        
Research and development expenses 377 406 743 831
Selling, administrative and general expenses 838 906 1,607 1,715
Interest expense 268 342 538 678
Total 9,746 8,325 17,330 15,387
Income of Consolidated Group before Income Taxes 2,312 928 3,840 1,497
Provision for income taxes 530 245 838 295
Income of Consolidated Group 1,782 683 3,002 1,202
Equity in income (loss) of unconsolidated affiliates 8 (17) 12 (18)
Net Income 1,790 666 3,014 1,184
Less: Net income attributable to noncontrolling interests     1 2
Net Income Attributable to Deere & Company $ 1,790 $ 666 $ 3,013 $ 1,182
Per Share Data        
Basic (in dollars per share) $ 5.72 $ 2.13 $ 9.62 $ 3.77
Diluted (in dollars per share) $ 5.68 $ 2.11 $ 9.55 $ 3.73
Average Shares Outstanding        
Basic (in shares) 312.8 313.2 313.1 313.3
Diluted (in shares) 315.2 316.2 315.6 316.7
Net Sales        
Net Sales and Revenues        
Net sales $ 10,998 $ 8,224 $ 19,049 $ 14,754
Costs and Expenses        
Costs and expenses 7,928 6,294 13,734 11,371
Finance and Interest Income        
Net Sales and Revenues        
Net sales and revenues 809 849 1,644 1,745
Other        
Net Sales and Revenues        
Net sales and revenues 251 180 477 385
Costs and Expenses        
Costs and expenses $ 335 $ 377 $ 708 $ 792