| | 12 Months Ended |
| STATEMENT OF CONSOLIDATED INCOME (USD $) | | | | | | | | | | | Percent of Total Revenue | | | | | | | | | | | | Year to year growth |
| In Millions, except Per Share data | Oct. 31, 2014 | Oct. 31, 2013 | Oct. 31, 2012 | Oct. 31, 2011 | Oct. 31, 2010 | Oct. 31, 2009 | Oct. 31, 2008 | Oct. 31, 2007 | Oct. 31, 2006 | | 10/31/14 | 10/31/13 | 10/31/12 | 10/31/11 | 10/31/10 | 10/31/09 | 10/31/08 | 10/31/07 | 10/31/06 | average | std dev | | 10/31/14 | 10/31/13 | 10/31/12 | 10/31/11 | 10/31/10 | 10/31/09 | 10/31/08 | 10/31/07 | average | std dev |
| Net Sales and Revenues |
| Net sales | 32960.60 | 34997.90 | 33500.90 | 29466.10 | 23573.20 | 20756.10 | 25803.50 | 21489.10 | 19884.00 | | 91% | 93% | 93% | 92% | 91% | 90% | 91% | 89% | 90% | 91.0% | 0.013 | | -5.82% | 4.47% | 13.69% | 25.00% | 13.57% | -19.56% | 20.08% | 8.07% | 7.44% | 0.144 |
| Finance and interest income | 2282.10 | 2115.10 | 1981.30 | 1922.60 | 1825.30 | 1842.10 | 2068.40 | 2054.80 | 1776.80 | | 6% | 6% | 5% | 6% | 7% | 8% | 7% | 9% | 8% | 6.9% | 0.011 | | 7.90% | 6.75% | 3.05% | 5.33% | -0.91% | -10.94% | 0.66% | 15.65% | 3.44% | 0.077 |
| Other income | 824.20 | 682.40 | 674.90 | 623.80 | 606.10 | 514.20 | 565.70 | 538.30 | 487.00 | | 2% | 2% | 2% | 2% | 2% | 2% | 2% | 2% | 2% | 2.1% | 0.002 | | 20.78% | 1.11% | 8.19% | 2.92% | 17.87% | -9.10% | 5.09% | 10.53% | 7.17% | 0.095 |
| Total revenue | 36066.90 | 37795.40 | 36157.10 | 32012.50 | 26004.60 | 23112.40 | 28437.60 | 24082.20 | 22147.80 | | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100.0% | 0.000 | | -4.57% | 4.53% | 12.95% | 23.10% | 12.51% | -18.73% | 18.09% | 8.73% | 7.08% | 0.134 |
| Costs and Expenses |
| Cost of sales | 24775.80 | 25667.30 | 25007.80 | 21919.40 | 17398.80 | 16255.20 | 19574.80 | 16252.80 | 15362.00 | | 69% | 68% | 69% | 68% | 67% | 70% | 69% | 67% | 69% | 68.6% | 0.010 | | -3.47% | 2.64% | 14.09% | 25.98% | 7.04% | -16.96% | 20.44% | 5.80% | 6.94% | 0.136 |
| Research and development expenses | 1452.00 | 1477.30 | 1433.60 | 1226.20 | 1052.40 | 977.00 | 943.10 | 816.80 | 725.80 | | 4% | 4% | 4% | 4% | 4% | 4% | 3% | 3% | 3% | 3.8% | 0.004 | | -1.71% | 3.05% | 16.91% | 16.51% | 7.72% | 3.59% | 15.46% | 12.54% | 9.26% | 0.071 |
| Selling, administrative and general expenses | 3284.40 | 3605.50 | 3417.00 | 3168.70 | 2968.70 | 2780.60 | 2960.20 | 2620.80 | 2323.90 | | 9% | 10% | 9% | 10% | 11% | 12% | 10% | 11% | 10% | 10.4% | 0.010 | | -8.91% | 5.52% | 7.84% | 6.74% | 6.76% | -6.07% | 12.95% | 12.78% | 4.70% | 0.080 |
| Interest expense | 664.00 | 741.30 | 782.80 | 759.40 | 811.40 | 1042.40 | 1137.00 | 1151.20 | 1017.50 | | 2% | 2% | 2% | 2% | 3% | 5% | 4% | 5% | 5% | 3.3% | 0.012 | | -10.43% | -5.30% | 3.08% | -6.41% | -22.16% | -8.32% | -1.23% | 13.14% | -4.70% | 0.103 |
| Other operating expenses | 1093.30 | 820.60 | 781.50 | 716.00 | 748.10 | 717.40 | 698.70 | 565.10 | 544.80 | | 3% | 2% | 2% | 2% | 3% | 3% | 2% | 2% | 2% | 2.5% | 0.004 | | 33.23% | 5.00% | 9.15% | -4.29% | 4.28% | 2.68% | 23.64% | 3.73% | 9.68% | 0.124 |
| Total | 31269.50 | 32312.00 | 31422.70 | 27789.70 | 22979.40 | 21772.60 | 25313.80 | 21406.70 | 19974.00 | | 87% | 85% | 87% | 87% | 88% | 94% | 89% | 89% | 90% | 88.5% | 0.026 | | -3.23% | 2.83% | 13.07% | 20.93% | 5.54% | -13.99% | 18.25% | 7.17% | 6.32% | 0.115 |
| Income of Consolidated Group before Income Taxes | 4797.40 | 5483.40 | 4734.40 | 4222.80 | 3025.20 | 1339.80 | 3123.80 | 2675.50 | 2173.80 | | 13% | 15% | 13% | 13% | 12% | 6% | 11% | 11% | 10% | 11.5% | 0.026 | | -12.51% | 15.82% | 12.12% | 39.59% | 125.79% | -57.11% | 16.76% | 23.08% | 20.44% | 0.517 |
| Provision for income taxes | 1626.50 | 1945.90 | 1659.40 | 1423.60 | 1161.60 | 460.00 | 1111.20 | 883.00 | 741.60 | | 5% | 5% | 5% | 4% | 4% | 2% | 4% | 4% | 3% | 4.0% | 0.009 | | -16.41% | 17.27% | 16.56% | 22.56% | 152.52% | -58.60% | 25.84% | 19.07% | 22.35% | 0.599 |
| Income of Consolidated Group | 3170.90 | 3537.50 | 3075.00 | 2799.20 | 1863.60 | 879.80 | 2012.60 | 1792.50 | 1432.20 | | 9% | 9% | 9% | 9% | 7% | 4% | 7% | 7% | 6% | 7.5% | 0.017 | | -10.36% | 15.04% | 9.85% | 50.20% | 111.82% | -56.29% | 12.28% | 25.16% | 19.71% | 0.483 |
| Equity in income (loss) of unconsolidated affiliates | -7.60 | 0.10 | -3.40 | 8.60 | 10.70 | -6.30 | 40.20 | 29.20 | 21.00 | | -0% | 0% | -0% | 0% | 0% | -0% | 0% | 0% | 0% | 0.0% | 0.001 | | | | | -19.63% | | | 37.67% | 39.05% | 19.03% | 0.335 |
| Net Income (continuing operations) | 3163.30 | 3537.60 | 3071.60 | 2807.80 | 1874.30 | 873.50 | 2052.80 | 1821.70 | 1453.20 | | 9% | 9% | 8% | 9% | 7% | 4% | 7% | 8% | 7% | 7.5% | 0.017 | | -10.58% | 15.17% | 9.40% | 49.81% | 114.57% | -57.45% | 12.69% | 25.36% | 19.87% | 0.493 |
| Net Income (discontinued operations) | 1.60 | 0.30 | 6.90 | 7.90 | 9.30 | | | | 240.60 | | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 1% | 0.1% | 0.004 | | 433.33% | -95.65% | -12.66% | -15.05% | | | | | 77.49% | 2.403 |
| Net Income | 3161.70 | 3537.30 | 3064.70 | 2799.90 | 1865.00 | 873.50 | 2052.80 | 1821.70 | 1693.80 | | 9% | 9% | 8% | 9% | 7% | 4% | 7% | 8% | 8% | 7.6% | 0.016 | | -10.62% | 15.42% | 9.46% | 50.13% | 113.51% | -57.45% | 12.69% | 7.55% | 17.59% | 0.491 |
| Per Share Data |
| Net Income - basic (in dollars per share) | 8.71 | 9.18 | 7.72 | 6.71 | 4.40 | 2.07 | 4.76 | 4.05 | 3.63 |
| Net Income - diluted (in dollars per share) | 8.63 | 9.09 | 7.63 | 6.63 | 4.38 | 2.06 | 4.70 | 4.00 | 3.59 |
| Dividends declared (in dollars per share) | 2.22 | 1.99 | 1.79 | 1.52 | 1.16 | 1.12 | 1.06 | 0.91 | 0.78 |
| Average Shares Outstanding |
| Basic (in millions of shares) | 363.00 | 385.30 | 397.10 | 417.40 | 424.00 | 422.80 | 431.10 | 449.30 | 466.80 | | | | | | | | | | | | | | -5.79% | -2.97% | -4.86% | -1.56% | 0.28% | -1.93% | -4.05% | -3.75% | -3.08% | 0.020 |
| Diluted (in millions of shares) | 366.10 | 389.20 | 401.50 | 422.40 | 428.60 | 424.40 | 436.30 | 455.00 | 471.60 | | | | | | | | | | | | | | -5.94% | -3.06% | -4.95% | -1.45% | 0.99% | -2.73% | -4.11% | -3.52% | -3.10% | 0.021 |
| Total dividends | 805.86 | 766.75 | 710.81 | 634.45 | 491.84 | 473.54 | 456.97 | 408.86 | 364.10 |
| CONSOLIDATED BALANCE SHEET (USD $) |
| In Millions |
| ASSETS |
| Cash and cash equivalents | 3787.00 | 3504.00 | 4652.20 | 3647.20 | 3790.60 | 4651.70 | 2211.40 | 2278.60 | 1687.50 | | 10% | 9% | 13% | 11% | 15% | 20% | 8% | 9% | 8% | 11.5% | 0.039 | | 8.08% | -24.68% | 27.56% | -3.78% | -18.51% | 110.35% | -2.95% | 35.03% | 16.39% | 0.432 |
| Marketable securities | 1215.10 | 1624.80 | 1470.40 | 787.30 | 227.90 | 192.00 | 977.40 | 1623.30 | 1816.70 | | 3% | 4% | 4% | 2% | 1% | 1% | 3% | 7% | 8% | 3.8% | 0.024 | | -25.22% | 10.50% | 86.76% | 245.46% | 18.70% | -80.36% | -39.79% | -10.65% | 25.68% | 1.012 |
| Receivables from unconsolidated affiliates | 30.20 | 31.20 | 59.70 | 48.00 | 38.80 | 38.40 | 44.70 | 29.60 | 22.20 | | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.1% | 0.000 | | -3.21% | -47.74% | 24.38% | 23.71% | 1.04% | -14.09% | 51.01% | 33.33% | 8.55% | 0.311 |
| Trade accounts and notes receivable - net | 3277.60 | 3758.20 | 3799.10 | 3294.50 | 3464.20 | 2616.90 | 3234.60 | 3055.00 | 3037.70 | | 9% | 10% | 11% | 10% | 13% | 11% | 11% | 13% | 14% | 11.4% | 0.016 | | -12.79% | -1.08% | 15.32% | -4.90% | 32.38% | -19.10% | 5.88% | 0.57% | 2.04% | 0.162 |
| Financing receivables - net | 32024.50 | 29785.80 | 25776.70 | 22828.50 | 19920.50 | 18363.10 | 17661.80 | 17920.20 | 16374.80 | | 89% | 79% | 71% | 71% | 77% | 79% | 62% | 74% | 74% | 75.2% | 0.073 | | 7.52% | 15.55% | 12.91% | 14.60% | 8.48% | 3.97% | -1.44% | 9.44% | 8.88% | 0.057 |
| Other receivables | 1500.30 | 1464.00 | 1790.90 | 1330.60 | 925.60 | 864.50 | 664.90 | 596.30 | 448.20 | | 4% | 4% | 5% | 4% | 4% | 4% | 2% | 2% | 2% | 3.5% | 0.010 | | 2.48% | -18.25% | 34.59% | 43.76% | 7.07% | 30.02% | 11.50% | 33.04% | 18.03% | 0.208 |
| Equipment on operating leases - net | 4015.50 | 3152.20 | 2527.80 | 2150.00 | 1936.20 | 1733.30 | 1638.60 | 1705.30 | 1493.90 | | 11% | 8% | 7% | 7% | 7% | 7% | 6% | 7% | 7% | 7.5% | 0.015 | | 27.39% | 24.70% | 17.57% | 11.04% | 11.71% | 5.78% | -3.91% | 14.15% | 13.55% | 0.101 |
| Inventories | 4209.70 | 4934.70 | 5170.00 | 4370.60 | 3063.00 | 2397.30 | 3041.80 | 2337.30 | 1957.30 | | 12% | 13% | 14% | 14% | 12% | 10% | 11% | 10% | 9% | 11.6% | 0.018 | | -14.69% | -4.55% | 18.29% | 42.69% | 27.77% | -21.19% | 30.14% | 19.41% | 12.23% | 0.230 |
| Total current assets | 50059.90 | 48254.90 | 45246.80 | 38456.70 | 33366.80 | 30857.20 | 29475.20 | 29545.60 | 26838.30 | | 139% | 128% | 125% | 120% | 128% | 134% | 104% | 123% | 121% | 124.6% | 0.099 | | 3.74% | 6.65% | 17.66% | 15.25% | 8.13% | 4.69% | -0.24% | 10.09% | 8.25% | 0.060 |
| Property and equipment - net | 5577.80 | 5466.90 | 5011.90 | 4352.30 | 3790.70 | 4532.20 | 4127.70 | 3534.00 | 2763.60 | | 15% | 14% | 14% | 14% | 15% | 20% | 15% | 15% | 12% | 14.8% | 0.020 | | 2.03% | 9.08% | 15.16% | 14.82% | -16.36% | 9.80% | 16.80% | 27.88% | 9.90% | 0.130 |
| Investments in unconsolidated affiliates | 303.20 | 221.40 | 215.00 | 201.70 | 244.50 | 212.80 | 224.40 | 149.50 | 124.00 | | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 0.7% | 0.002 | | 36.95% | 2.98% | 6.59% | -17.51% | 14.90% | -5.17% | 50.10% | 20.56% | 13.68% | 0.221 |
| Goodwill | 791.20 | 844.80 | 921.20 | 999.80 | 998.60 | 1036.50 | 1224.60 | 1234.30 | 1110.00 | | 2% | 2% | 3% | 3% | 4% | 4% | 4% | 5% | 5% | 3.7% | 0.012 | | -6.34% | -8.29% | -7.86% | 0.12% | -3.66% | -15.36% | -0.79% | 11.20% | -3.87% | 0.078 |
| Other intangible assets - net | 68.80 | 77.10 | 105.00 | 127.40 | 117.00 | 136.30 | 161.40 | 131.00 | 56.40 | | 0% | 0% | 0% | 0% | 0% | 1% | 1% | 1% | 0% | 0.4% | 0.002 | | -10.77% | -26.57% | -17.58% | 8.89% | -14.16% | -15.55% | 23.21% | 132.27% | 9.97% | 0.519 |
| Retirement benefits | 262.00 | 551.10 | 20.20 | 30.40 | 146.70 | 94.40 | 1106.00 | 1976.00 | 2642.40 | | 1% | 1% | 0% | 0% | 1% | 0% | 4% | 8% | 12% | 3.0% | 0.043 | | -52.46% | 2628.22% | -33.55% | -79.28% | 55.40% | -91.46% | -44.03% | -25.22% | 294.70% | 9.439 |
| Deferred income taxes | 2776.60 | 2325.40 | 3280.40 | 2858.60 | 2477.10 | 2804.80 | 1440.60 | 1399.50 | 582.20 | | 8% | 6% | 9% | 9% | 10% | 12% | 5% | 6% | 3% | 7.4% | 0.028 | | 19.40% | -29.11% | 14.76% | 15.40% | -11.68% | 94.70% | 2.94% | 140.38% | 30.85% | 0.572 |
| Other assets | 1496.90 | 1274.70 | 1465.30 | 1180.50 | 1194.00 | 1458.40 | 974.70 | 605.80 | 603.50 | | 4% | 3% | 4% | 4% | 5% | 6% | 3% | 3% | 3% | 3.9% | 0.011 | | 17.43% | -13.01% | 24.13% | -1.13% | -18.13% | 49.63% | 60.89% | 0.38% | 15.02% | 0.287 |
| Assets held for sale | | 505.00 | | | 931.40 | | | | | | 0% | 1% | 0% | 0% | 4% | 0% | 0% | 0% | 0% | 0.5% | 0.012 | | | | | | | | |
|
| Total Assets | 61336.40 | 59521.30 | 56265.80 | 48207.40 | 43266.80 | 41132.60 | 38734.60 | 38575.70 | 34720.40 | | 170% | 157% | 156% | 151% | 166% | 178% | 136% | 160% | 157% | 159.0% | 0.120 | | 3.05% | 5.79% | 16.72% | 11.42% | 5.19% | 6.19% | 0.41% | 11.10% | 7.48% | 0.053 |
| LIABILITIES |
| Short-term borrowings | 12577.70 | 12898.00 | 9967.30 | 9629.70 | 7534.50 | 7158.90 | 8520.50 | 9969.40 | 8121.20 | | 35% | 34% | 28% | 30% | 29% | 31% | 30% | 41% | 37% | 32.7% | 0.044 | | -2.48% | 29.40% | 3.51% | 27.81% | 5.25% | -15.98% | -14.53% | 22.76% | 6.97% | 0.180 |
| Payables to unconsolidated affiliates | 101.00 | 106.90 | 135.20 | 117.70 | 203.50 | 55.00 | 169.20 | 136.50 | 31.00 | | 0% | 0% | 0% | 0% | 1% | 0% | 1% | 1% | 0% | 0.4% | 0.002 | | -5.52% | -20.93% | 14.87% | -42.16% | 270.00% | -67.49% | 23.96% | 340.32% | 64.13% | 1.528 |
| Accounts payable and accrued expenses | 8554.10 | 8973.60 | 8988.90 | 7804.80 | 6481.70 | 5371.40 | 6393.60 | 5357.90 | 4482.80 | | 24% | 24% | 25% | 24% | 25% | 23% | 22% | 22% | 20% | 23.3% | 0.015 | | -4.67% | -0.17% | 15.17% | 20.41% | 20.67% | -15.99% | 19.33% | 19.52% | 9.28% | 0.142 |
| Accrued taxes | | | | | | | | 274.30 | 152.50 | | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 1% | 1% | 0.2% | 0.004 | | | | | | | | | 79.87% | 79.87% | ERROR:#DIV/0! |
| Deferred income taxes | 160.90 | 160.30 | 164.40 | 168.30 | 144.30 | 167.30 | 171.80 | 183.40 | 64.90 | | 0% | 0% | 0% | 1% | 1% | 1% | 1% | 1% | 0% | 0.5% | 0.001 | | 0.37% | -2.49% | -2.32% | 16.63% | -13.75% | -2.62% | -6.32% | 182.59% | 21.51% | 0.656 |
| Long-term borrowings | 24380.70 | 21577.70 | 22453.10 | 16959.90 | 16814.50 | 17391.70 | 13898.50 | 11798.20 | 11584.00 | | 68% | 57% | 62% | 53% | 65% | 75% | 49% | 49% | 52% | 58.9% | 0.091 | | 12.99% | -3.90% | 32.39% | 0.86% | -3.32% | 25.13% | 17.80% | 1.85% | 10.48% | 0.137 |
| Retirement benefits and other liabilities | 6496.50 | 5416.70 | 7694.90 | 6712.10 | 5784.90 | 6169.60 | 3048.30 | 3700.20 | 2792.80 | | 18% | 14% | 21% | 21% | 22% | 27% | 11% | 15% | 13% | 18.0% | 0.052 | | 19.93% | -29.61% | 14.64% | 16.03% | -6.24% | 102.39% | -17.62% | 32.49% | 16.50% | 0.405 |
| Liabilities held for sale | | 120.40 | | | | | | | | | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.0% | 0.001 | | | | | | | | |
|
| Total liabilities | 52270.90 | 49253.60 | 49403.80 | 41392.50 | 36963.40 | 36313.90 | 32201.90 | 31419.90 | 27229.20 | | 145% | 130% | 137% | 129% | 142% | 157% | 113% | 130% | 123% | 134.1% | 0.129 | | 6.13% | -0.30% | 19.35% | 11.98% | 1.79% | 12.77% | 2.49% | 15.39% | 8.70% | 0.072 |
| STOCKHOLDERS' EQUITY |
| Common stock | 3675.40 | 3524.20 | 3352.20 | 3251.70 | 3106.30 | 2996.20 | 2934.00 | 2777.00 | 2203.50 | | 10% | 9% | 9% | 10% | 12% | 13% | 10% | 12% | 10% | 10.6% | 0.013 | | 4.29% | 5.13% | 3.09% | 4.68% | 3.67% | 2.12% | 5.65% | 26.03% | 6.83% | 0.078 |
| Common stock in treasury | -12834.20 | -10210.90 | -8813.80 | -7292.80 | -5789.50 | -5564.70 | -5594.60 | -4015.40 | -2673.40 | | -36% | -27% | -24% | -23% | -22% | -24% | -20% | -17% | -12% | -22.7% | 0.066 | | | | | | | | |
|
| Retained earnings | 22004.40 | 19645.60 | 16875.20 | 14519.40 | 12353.10 | 10980.50 | 10580.60 | 9031.70 | 7886.80 | | 61% | 52% | 47% | 45% | 48% | 48% | 37% | 38% | 36% | 45.6% | 0.081 | | 12.01% | 16.42% | 16.23% | 17.54% | 12.50% | 3.78% | 17.15% | 14.52% | 13.77% | 0.045 |
| Accumulated other comprehensive income (loss) | -3783.00 | -2693.10 | -4571.50 | -3678.00 | -3379.60 | -3593.30 | -1387.30 | -637.50 | 74.30 | | -10% | -7% | -13% | -11% | -13% | -16% | -5% | -3% | 0% | -8.6% | 0.053 | | | | | | | | |
|
| Total Deere & Company stockholders' equity | 9062.60 | 10265.80 | 6842.10 | 6800.30 | 6290.30 | 4818.70 | 6532.70 | 7155.80 | 7491.20 | | 25% | 27% | 19% | 21% | 24% | 21% | 23% | 30% | 34% | 24.9% | 0.047 | | -11.72% | 50.04% | 0.61% | 8.11% | 30.54% | -26.24% | -8.71% | -4.48% | 4.77% | 0.246 |
| Non-controlling interests | 2.90 | 1.90 | 19.90 | 14.60 | 13.10 | | | | | | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.0% | 0.000 | | 52.63% | -90.45% | 36.30% | 11.45% | | | | | 2.48% | 0.642 |
| Total stockholders' equity | 9065.50 | 10267.70 | 6862.00 | 6814.90 | 6303.40 | 4818.70 | 6532.70 | 7155.80 | 7491.20 | | 25% | 27% | 19% | 21% | 24% | 21% | 23% | 30% | 34% | 24.9% | 0.047 | | -11.71% | 49.63% | 0.69% | 8.11% | 30.81% | -26.24% | -8.71% | -4.48% | 4.76% | 0.245 |
| Total Liabilities and Stockholders' Equity | 61336.40 | 59521.30 | 56265.80 | 48207.40 | 43266.80 | 41132.60 | 38734.60 | 38575.70 | 34720.40 | | 170% | 157% | 156% | 151% | 166% | 178% | 136% | 160% | 157% | 159.0% | 0.120 | | 3.05% | 5.79% | 16.72% | 11.42% | 5.19% | 6.19% | 0.41% | 11.10% | 7.48% | 0.053 |
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dataforpercentofsalesforecast.xlsx
