UNCONSOLIDATED AFFILIATED COMPANIES (Tables)

12 Months Ended

Oct. 31, 2021

UNCONSOLIDATED AFFILIATED COMPANIES

Unconsolidated Affiliated Companies

Combined financial information of the unconsolidated affiliated companies in millions of dollars follows:

Operations	2021		2020		2019
Sales	$	2,095	$	1,793	$	2,483
Net income		51		7		50
Deere & Company’s equity in net income (loss)		21		(48)		21

Financial Position	2021		2020
Total assets	$	1,289	$	1,541
Total external borrowings		497		540
Total net assets		366		598
Deere & Company’s share of the net assets		175		193

Transactions with Unconsolidated Affiliated Companies

Transactions with unconsolidated affiliated companies reported in the statement of consolidated income in millions of dollars follow:

	2021		2020		2019
Net sales	$	78	$	81	$	143
Purchases		1,605		1,288		1,937