v3.26.1
STATEMENTS OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
May 03, 2026
Apr. 27, 2025
May 03, 2026
Apr. 27, 2025
Net Sales and Revenues        
Net sales and revenues $ 13,369 $ 12,763 $ 22,981 $ 21,272
Costs and Expenses        
Research and development expenses 583 549 1,137 1,075
Selling, administrative and general expenses 1,209 1,197 2,181 2,169
Interest expense 712 784 1,431 1,614
Other operating expenses 306 287 556 536
Total 11,076 10,426 19,852 18,040
Income of Consolidated Group before Income Taxes 2,293 2,337 3,129 3,232
Provision for income taxes 518 539 714 566
Income of Consolidated Group 1,775 1,798 2,415 2,666
Equity in income (loss) of unconsolidated affiliates (5) 3 10 1
Net Income 1,770 1,801 2,425 2,667
Less: Net loss attributable to noncontrolling interests (3) (3) (4) (6)
Net Income Attributable to Deere & Company $ 1,773 $ 1,804 $ 2,429 $ 2,673
Per Share Data        
Basic (in dollars per share) $ 6.57 $ 6.65 $ 8.99 $ 9.85
Diluted (in dollars per share) 6.55 6.64 8.97 9.82
Dividends declared (in dollars per share) 1.62 1.62 3.24 3.24
Dividends paid (in dollars per share) $ 1.62 $ 1.62 $ 3.24 $ 3.09
Average Shares Outstanding        
Basic (in shares) 270.1 271.1 270.2 271.3
Diluted (in shares) 270.8 271.8 270.9 272.1
Net Sales        
Net Sales and Revenues        
Net sales and revenues $ 11,778 $ 11,171 $ 19,779 $ 17,980
Cost of Sales        
Cost of sales 8,266 7,609 14,547 12,646
Finance and Interest Income        
Net Sales and Revenues        
Net sales and revenues 1,314 1,354 2,658 2,807
Other Income        
Net Sales and Revenues        
Net sales and revenues $ 277 $ 238 $ 544 $ 485