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STATEMENTS OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Jan. 29, 2023
Jan. 30, 2022
Net Sales and Revenues    
Net sales and revenues $ 12,652 $ 9,569
Costs and Expenses    
Research and development expenses 495 402
Selling, administrative and general expenses 952 781
Interest expense 479 229
Other operating expenses 299 311
Total 10,159 8,418
Income of Consolidated Group before Income Taxes 2,493 1,151
Provision for income taxes 537 250
Income of Consolidated Group 1,956 901
Equity in income of unconsolidated affiliates 1 3
Net Income 1,957 904
Less: Net income (loss) attributable to noncontrolling interests (2) 1
Net Income Attributable to Deere & Company $ 1,959 $ 903
Per Share Data    
Basic (in dollars per share) $ 6.58 $ 2.94
Diluted (in dollars per share) 6.55 2.92
Dividends declared (in dollars per share) 1.20 1.05
Dividends paid (in dollars per share) $ 1.13 $ 1.05
Average Shares Outstanding    
Basic (in shares) 297.6 307.4
Diluted (in shares) 299.1 309.4
Net Sales    
Net Sales and Revenues    
Net sales and revenues $ 11,402 $ 8,531
Cost of Sales    
Cost of sales 7,934 6,695
Finance and Interest Income    
Net Sales and Revenues    
Net sales and revenues 994 800
Other income    
Net Sales and Revenues    
Net sales and revenues $ 256 $ 238