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STATEMENTS OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Oct. 27, 2024
Oct. 29, 2023
Oct. 30, 2022
Net Sales and Revenues      
Net sales and revenues $ 51,716 $ 61,251 $ 52,577
Costs and Expenses      
Research and development expenses 2,290 2,177 1,912
Selling, administrative and general expenses 4,840 4,595 3,863
Interest expense 3,348 2,453 1,062
Other operating expenses 1,257 1,292 1,275
Total 42,510 48,232 43,450
Income of Consolidated Group before Income Taxes 9,206 13,019 9,127
Provision for income taxes 2,094 2,871 2,007
Income of Consolidated Group 7,112 10,148 7,120
Equity in income (loss) of unconsolidated affiliates (24) 7 10
Net Income 7,088 10,155 7,130
Less: Net loss attributable to noncontrolling interests (12) (11) (1)
Net Income Attributable to Deere & Company $ 7,100 $ 10,166 $ 7,131
Per Share Data      
Basic (in dollars per share) $ 25.73 $ 34.8 $ 23.42
Diluted (in dollars per share) 25.62 34.63 23.28
Dividends declared (in dollars per share) 5.88 5.05 4.36
Dividends paid (in dollars per share) $ 5.76 $ 4.83 $ 4.28
Average Shares Outstanding (in millions of shares)      
Basic (in shares) 276.0 292.2 304.5
Diluted (in shares) 277.1 293.6 306.3
Net Sales      
Net Sales and Revenues      
Net sales and revenues $ 44,759 $ 55,565 $ 47,917
Cost of Sales      
Cost of sales 30,775 37,715 35,338
Finance and Interest Income      
Net Sales and Revenues      
Net sales and revenues 5,759 4,683 3,365
Other Income      
Net Sales and Revenues      
Net sales and revenues $ 1,198 $ 1,003 $ 1,295