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STATEMENTS OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Oct. 30, 2022
Oct. 31, 2021
Nov. 01, 2020
Net Sales and Revenues      
Net sales and revenues $ 52,577 $ 44,024 $ 35,540
Costs and Expenses      
Research and development expenses 1,912 1,587 1,644
Selling, administrative and general expenses 3,863 3,383 3,477
Interest expense 1,062 993 1,247
Other operating expenses 1,275 1,343 1,612
Total 43,450 36,422 31,657
Income of Consolidated Group before Income Taxes 9,127 7,602 3,883
Provision for income taxes 2,007 1,658 1,082
Income of Consolidated Group 7,120 5,944 2,801
Equity in income (loss) of unconsolidated affiliates 10 21 (48)
Net Income 7,130 5,965 2,753
Less: Net income (loss) attributable to noncontrolling interests (1) 2 2
Net Income Attributable to Deere & Company $ 7,131 $ 5,963 $ 2,751
Per Share Data      
Basic (in dollars per share) $ 23.42 $ 19.14 $ 8.77
Diluted (in dollars per share) 23.28 18.99 8.69
Dividends declared (in dollars per share) 4.36 3.61 3.04
Dividends paid (in dollars per share) $ 4.28 $ 3.32 $ 3.04
Average Shares Outstanding      
Basic (in shares) 304.5 311.6 313.5
Diluted (in shares) 306.3 314.0 316.6
Net Sales      
Net Sales and Revenues      
Net sales and revenues $ 47,917 $ 39,737 $ 31,272
Cost of Sales      
Cost of sales 35,338 29,116 23,677
Finance and Interest Income      
Net Sales and Revenues      
Net sales and revenues 3,365 3,296 3,450
Other income      
Net Sales and Revenues      
Net sales and revenues $ 1,295 $ 991 $ 818