Deere & Company (DE) 10-K 18 Dec 15 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Oct. 31, 2015	Nov. 30, 2015	Apr. 30, 2015
Document and Entity Information
Entity Registrant Name	DEERE & CO
Entity Central Index Key	315,189
Document Type	10-K
Document Period End Date	Oct. 31, 2015
Amendment Flag	false
Current Fiscal Year End Date	--10-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 30,160,160,199
Entity Common Stock, Shares Outstanding		316,700,104
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY

STATEMENT OF CONSOLIDATED INCOM

STATEMENT OF CONSOLIDATED INCOME - USD ($) shares in Millions, $ in Millions	3 Months Ended								12 Months Ended
	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Net Sales and Revenues
Net sales	$ 5,932	$ 6,839	$ 7,399	$ 5,605	$ 8,043	$ 8,723	$ 9,246	$ 6,949	$ 25,775.2	$ 32,960.6	$ 34,997.9
Finance and interest income									2,381.1	2,282.1	2,115.1
Other income									706.5	824.2	682.4
Total	6,715	7,594	8,171	6,383	8,965	9,500	9,948	7,654	28,862.8	36,066.9	37,795.4
Costs and Expenses
Cost of sales									20,143.2	24,775.8	25,667.3
Research and development expenses									1,425.1	1,452	1,477.3
Selling, administrative and general expenses									2,873.3	3,284.4	3,605.5
Interest expense									680	664	741.3
Other operating expenses									961.1	1,093.3	820.6
Total									26,082.7	31,269.5	32,312
Income of Consolidated Group before Income Taxes	457	738	1,017	568	1,076	1,292	1,464	965	2,780.1	4,797.4	5,483.4
Provision for income taxes									840.1	1,626.5	1,945.9
Income of Consolidated Group									1,940	3,170.9	3,537.5
Equity in income (loss) of unconsolidated affiliates									0.9	(7.6)	0.1
Net Income									1,940.9	3,163.3	3,537.6
Less: Net income attributable to noncontrolling interests									0.9	1.6	0.3
Net Income Attributable to Deere & Company	$ 351	$ 512	$ 690	$ 387	$ 649	$ 851	$ 981	$ 681	$ 1,940	$ 3,161.7	$ 3,537.3
Per Share Data
Basic (in dollars per share)	$ 1.09	$ 1.54	$ 2.05	$ 1.13	$ 1.84	$ 2.35	$ 2.67	$ 1.83	$ 5.81	$ 8.71	$ 9.18
Diluted (in dollars per share)	1.08	1.53	2.03	1.12	1.83	2.33	2.65	1.81	5.77	8.63	9.09
Dividends declared (in dollars per share)	$ 0.60	$ 0.60	$ 0.60	$ 0.60	$ 0.60	$ 0.60	$ 0.51	$ 0.51	$ 2.40	$ 2.22	$ 1.99
Average Shares Outstanding
Basic (in shares)									333.6	363	385.3
Diluted (in shares)									336	366.1	389.2

STATEMENT OF CONSOLIDATED COMPR

STATEMENT OF CONSOLIDATED COMPREHENSIVE INCOME - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
STATEMENT OF CONSOLIDATED COMPREHENSIVE INCOME
Net Income	$ 1,940.9	$ 3,163.3	$ 3,537.6
Other Comprehensive Income (Loss), Net of Income Taxes
Retirement benefits adjustment	(7.7)	(684.4)	1,950
Cumulative translation adjustment	(935.1)	(415.5)	(70.9)
Unrealized gain (loss) on derivatives	(2.5)	2.8	10.7
Unrealized gain (loss) on investments	(1.5)	6.9	(11.3)
Other Comprehensive Income (Loss), Net of Income Taxes	(946.8)	(1,090.2)	1,878.5
Comprehensive Income of Consolidated Group	994.1	2,073.1	5,416.1
Less: Comprehensive income attributable to noncontrolling interests	0.5	1.3	0.4
Comprehensive Income Attributable to Deere & Company	$ 993.6	$ 2,071.8	$ 5,415.7

CONSOLIDATED BALANCE SHEET

CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
ASSETS
Cash and cash equivalents	$ 4,162.2	$ 3,787	$ 3,504	$ 4,652.2
Marketable securities	437.4	1,215.1
Receivables from unconsolidated affiliates	33.3	30.2
Trade accounts and notes receivable - net	3,051.1	3,277.6
Financing receivables - net	24,809	27,422.2
Financing receivables securitized - net	4,834.6	4,602.3
Other receivables	991.2	1,500.3
Equipment on operating leases - net	4,970.4	4,015.5
Inventories	3,817	4,209.7
Property and equipment - net	5,181.5	5,577.8	5,467
Investments in unconsolidated affiliates	303.5	303.2	221
Goodwill	726	791.2	845
Other intangible assets - net	63.6	68.8
Retirement benefits	215.6	262
Deferred income taxes	2,767.3	2,776.6
Other assets	1,583.9	1,496.9
Total Assets	57,947.6	61,336.4	59,521
LIABILITIES
Short-term borrowings	8,426.6	8,019.2
Short-term securitization borrowings	4,590	4,558.5
Payables to unconsolidated affiliates	80.6	101
Accounts payable and accrued expenses	7,311.5	8,554.1
Deferred income taxes	160.8	160.9
Long-term borrowings	23,832.8	24,380.7
Retirement benefits and other liabilities	6,787.7	6,496.5
Total liabilities	$ 51,190	$ 52,270.9
Commitments and contingencies (Note 22)
STOCKHOLDERS' EQUITY
Common stock, $1 par value (authorized - 1,200,000,000 shares; issued - 536,431,204 shares in 2015 and 2014), at paid-in amount	$ 3,825.6	$ 3,675.4	3,524	3,352
Common stock in treasury, 219,743,893 shares in 2015 and 190,926,805 shares in 2014, at cost	(15,497.6)	(12,834.2)
Retained earnings	23,144.8	22,004.4
Accumulated other comprehensive income (loss)	(4,729.4)	(3,783)
Total Deere & Company stockholders' equity	6,743.4	9,062.6
Noncontrolling interests	14.2	2.9
Total stockholders' equity	6,757.6	9,065.5	$ 10,267.7	$ 6,862
Total Liabilities and Stockholders' Equity	$ 57,947.6	$ 61,336.4

CONSOLIDATED BALANCE SHEET (Par

CONSOLIDATED BALANCE SHEET (Parenthetical) - $ / shares	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
CONSOLIDATED BALANCE SHEET
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, authorized shares	1,200,000,000	1,200,000,000
Common stock, issued shares	536,431,204	536,431,204	536,400,000	536,400,000
Common stock in treasury, shares	219,743,893	190,926,805

STATEMENT OF CONSOLIDATED CASH

STATEMENT OF CONSOLIDATED CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Cash Flows from Operating Activities
Net income	$ 1,940.9	$ 3,163.3	$ 3,537.6
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	55.4	38.1	20.5
Provision for depreciation and amortization	1,382.4	1,306.5	1,140.3
Impairment charges	34.8	95.9	102
Share-based compensation expense	66.1	78.5	80.7
Undistributed earnings of unconsolidated affiliates	(1)	9.3	9.1
Credit for deferred income taxes	(18.4)	(280.1)	(172.6)
Changes in assets and liabilities:
Trade, notes and financing receivables related to sales	811.6	(749)	(1,510.2)
Insurance receivables	333.4	(149.9)	263.4
Inventories	(691.4)	(297.9)	(728.4)
Accounts payable and accrued expenses	(503.6)	(137.1)	217.1
Accrued income taxes payable/receivable	(137.6)	342.6	80.4
Retirement benefits	427.5	336.9	262
Other	40.2	(231.2)	(47.6)
Net cash provided by operating activities	3,740.3	3,525.9	3,254.3
Cash Flows from Investing Activities
Collections of receivables (excluding receivables related to sales)	14,919.7	15,319.1	14,088
Proceeds from maturities and sales of marketable securities	860.7	1,022.5	843.9
Proceeds from sales of equipment on operating leases	1,049.4	1,091.5	936.7
Proceeds from sales of businesses, net of cash sold	149.2	345.8	22
Cost of receivables acquired (excluding receivables related to sales)	(14,996.5)	(17,240.4)	(17,011.7)
Purchases of marketable securities	(154.9)	(614.6)	(1,026.3)
Purchases of property and equipment	(694)	(1,048.3)	(1,158.4)
Cost of equipment on operating leases acquired	(2,132.1)	(1,611)	(1,216.9)
Acquisitions of businesses, net of cash acquired			(83.5)
Other	(60.2)	(145.6)	(214.5)
Net cash used for investing activities	(1,058.7)	(2,881)	(4,820.7)
Cash Flows from Financing Activities
Increase in total short-term borrowings	501.6	89.2	2,749.4
Proceeds from long-term borrowings	5,711	8,232	4,734
Payments of long-term borrowings	(4,863.2)	(5,209.1)	(4,958.5)
Proceeds from issuance of common stock	172.1	149.5	174.5
Repurchases of common stock	(2,770.7)	(2,731.1)	(1,531.4)
Dividends paid	(816.3)	(786)	(752.9)
Excess tax benefits from share-based compensation	18.5	30.8	50.7
Other	(72.1)	(63.6)	(59.3)
Net cash (used for) provided by financing activities	(2,119.1)	(288.3)	406.5
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(187.3)	(73.6)	11.7
Net Increase (Decrease) in Cash and Cash Equivalents	375.2	283	(1,148.2)
Cash and Cash Equivalents at Beginning of Year	3,787	3,504	4,652.2
Cash and Cash Equivalents at End of Year	$ 4,162.2	$ 3,787	$ 3,504

STATEMENT OF CHANGES IN CONSOLI

STATEMENT OF CHANGES IN CONSOLIDATED STOCKHOLDERS' EQUITY - USD ($) $ in Millions	Common Stock	Treasury Stock	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Non-controlling Interests	Total
Balance at Oct. 31, 2012	$ 3,352.2	$ (8,813.8)	$ 16,875.2	$ (4,571.5)	$ 19.9	$ 6,862
Increase (Decrease) in Stockholders' Equity
Net income			3,537.3		0.3	3,537.6
Other comprehensive income (loss)				1,878.4	0.1	1,878.5
Repurchases of common stock		(1,531.4)				(1,531.4)
Treasury shares reissued		134.3				134.3
Dividends declared			(766.6)		(7.9)	(774.5)
Deconsolidation of variable interest entity					(10.6)	(10.6)
Stock options and other shareholder transactions	172		(0.3)		0.1	171.8
Balance at Oct. 31, 2013	3,524.2	(10,210.9)	19,645.6	(2,693.1)	1.9	10,267.7
Increase (Decrease) in Stockholders' Equity
Net income			3,161.7		1.6	3,163.3
Other comprehensive income (loss)				(1,089.9)	(0.3)	(1,090.2)
Repurchases of common stock		(2,731.1)				(2,731.1)
Treasury shares reissued		107.8				107.8
Dividends declared			(803.4)		(0.3)	(803.7)
Stock options and other shareholder transactions	151.2		0.5			151.7
Balance at Oct. 31, 2014	3,675.4	(12,834.2)	22,004.4	(3,783)	2.9	9,065.5
Increase (Decrease) in Stockholders' Equity
Net income			1,940		0.9	1,940.9
Other comprehensive income (loss)				(946.4)	(0.4)	(946.8)
Repurchases of common stock		(2,770.7)				(2,770.7)
Treasury shares reissued		107.3				107.3
Dividends declared			(799.5)		(1.3)	(800.8)
Stock options and other shareholder transactions	150.2		(0.1)		12.1	162.2
Balance at Oct. 31, 2015	$ 3,825.6	$ (15,497.6)	$ 23,144.8	$ (4,729.4)	$ 14.2	$ 6,757.6

ORGANIZATION AND CONSOLIDATION

ORGANIZATION AND CONSOLIDATION	12 Months Ended
	Oct. 31, 2015
ORGANIZATION AND CONSOLIDATION
ORGANIZATION AND CONSOLIDATION	1. ORGANIZATION AND CONSOLIDATION Structure of Operations The information in the notes and related commentary are presented in a format which includes data grouped as follows: Equipment Operations – Includes the company’s agriculture and turf operations and construction and forestry operations with financial services reflected on the equity basis. Financial Services – Includes primarily the company’s financing operations. Consolidated – Represents the consolidation of the equipment operations and financial services. References to “Deere & Company” or “the company” refer to the entire enterprise. Principles of Consolidation The consolidated financial statements represent primarily the consolidation of all companies in which Deere & Company has a controlling interest. Certain variable interest entities (VIEs) are consolidated since the company has both the power to direct the activities that most significantly impact the VIEs’ economic performance and the obligation to absorb losses or the right to receive benefits that could potentially be significant to the VIEs. Deere & Company records its investment in each unconsolidated affiliated company (generally 20 to 50 percent ownership) at its related equity in the net assets of such affiliate (see Note 10). Other investments (less than 20 percent ownership) are recorded at cost. Fiscal Year The company has historically and continues to use a 52/53 week fiscal year ending on the last Sunday in the reporting period. The fiscal year ends for 2015, 2014 and 2013 were November 1, 2015, November 2, 2014 and October 27, 2013, respectively. Fiscal year 2014 contained 53 weeks. For ease of presentation, the consolidated financial statements and notes continue to be dated October 31. Variable Interest Entities See Note 13 for VIEs related to securitization of financing receivables .

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Oct. 31, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following are significant accounting policies in addition to those included in other notes to the consolidated financial statements. Use of Estimates in Financial Statements The preparation of financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect the reported amounts and related disclosures. Actual results could differ from those estimates. Revenue Recognition Sales of equipment and service parts are recorded when the sales price is determinable and the risks and rewards of ownership are transferred to independent parties based on the sales agreements in effect. In the U.S. and most international locations, this transfer occurs primarily when goods are shipped. In Canada and some other international locations, certain goods are shipped to dealers on a consignment basis under which the risks and rewards of ownership are not transferred to the dealer. Accordingly, in these locations, sales are not recorded until a retail customer has purchased the goods. In all cases, when a sale is recorded by the company, no significant uncertainty exists surrounding the purchaser’s obligation to pay. No right of return exists on sales of equipment. Service parts and certain attachments returns are estimable and accrued at the time a sale is recognized. The company makes appropriate provisions based on experience for costs such as doubtful receivables, sales incentives and product warranty. Financing revenue is recorded over the lives of related receivables using the interest method. Insurance premiums recorded in other income are generally recognized in proportion to the costs expected to be incurred over the contract period. Deferred costs on the origination of financing receivables are recognized as a reduction in finance revenue over the expected lives of the receivables using the interest method. Income and deferred costs on the origination of operating leases are recognized on a straight-line basis over the scheduled lease terms in finance revenue. Sales Incentives At the time a sale is recognized, the company records an estimate of the future sales incentive costs for allowances and financing programs that will be due when a dealer sells the equipment to a retail customer. The estimate is based on historical data, announced incentive programs, field inventory levels and retail sales volumes. Product Warranties At the time a sale is recognized, the company records the estimated future warranty costs. These costs are usually estimated based on historical warranty claims (see Note 22). Sales Taxes The company collects and remits taxes assessed by different governmental authorities that are both imposed on and concurrent with revenue producing transactions between the company and its customers. These taxes may include sales, use, value-added and some excise taxes. The company reports the collection of these taxes on a net basis (excluded from revenues). Shipping and Handling Costs Shipping and handling costs related to the sales of the company’s equipment are included in cost of sales. Advertising Costs Advertising costs are charged to expense as incurred. This expense was $157 million in 2015, $174 million in 2014 and $183 million in 2013. Depreciation and Amortization Property and equipment, capitalized software and other intangible assets are stated at cost less accumulated depreciation or amortization. These assets are depreciated over their estimated useful lives generally using the straight-line method. Equipment on operating leases is depreciated over the terms of the leases using the straight-line method. Property and equipment expenditures for new and revised products, increased capacity and the replacement or major renewal of significant items are capitalized. Expenditures for maintenance, repairs and minor renewals are generally charged to expense as incurred. Securitization of Receivables Certain financing receivables are periodically transferred to special purpose entities (SPEs) in securitization transactions (see Note 13). These securitizations qualify as collateral for secured borrowings and no gains or losses are recognized at the time of securitization. The receivables remain on the balance sheet and are classified as “Financing receivables securitized - net.” The company recognizes finance income over the lives of these receivables using the interest method. Receivables and Allowances All financing and trade receivables are reported on the balance sheet at outstanding principal adjusted for any charge-offs, the allowance for credit losses, and any deferred fees or costs on originated financing receivables. Allowances for credit losses are maintained in amounts considered to be appropriate in relation to the receivables outstanding based on collection experience, economic conditions and credit risk quality. Receivables are written-off to the allowance when the account is considered uncollectible. Impairment of Long-Lived Assets, Goodwill and Other Intangible Assets The company evaluates the carrying value of long-lived assets (including property and equipment, goodwill and other intangible assets) when events or circumstances warrant such a review. Goodwill and intangible assets with indefinite lives are tested for impairment annually at the end of the third fiscal quarter each year, and more often if events or circumstances indicate a reduction in the fair value below the carrying value. Goodwill is allocated and reviewed for impairment by reporting units, which consist primarily of the operating segments and certain other reporting units. The goodwill is allocated to the reporting unit in which the business that created the goodwill resides. To test for goodwill impairment, the carrying value of each reporting unit is compared with its fair value. If the carrying value of the goodwill or long-lived asset is considered impaired, a loss is recognized based on the amount by which the carrying value exceeds the fair value of the asset (see Note 5). Derivative Financial Instruments It is the company’s policy that derivative transactions are executed only to manage exposures arising in the normal course of business and not for the purpose of creating speculative positions or trading. The company’s financial services manage the relationship of the types and amounts of their funding sources to their receivable and lease portfolio in an effort to diminish risk due to interest rate and foreign currency fluctuations, while responding to favorable financing opportunities. The company also has foreign currency exposures at some of its foreign and domestic operations related to buying, selling and financing in currencies other than the functional currencies. All derivatives are recorded at fair value on the balance sheet. Cash collateral received or paid is not offset against the derivative fair values on the balance sheet. Each derivative is designated as either a cash flow hedge, a fair value hedge, or remains undesignated. Changes in the fair value of derivatives that are designated and effective as cash flow hedges are recorded in other comprehensive income and reclassified to the income statement when the effects of the item being hedged are recognized in the income statement. Changes in the fair value of derivatives that are designated and effective as fair value hedges are recognized currently in net income. These changes are offset in net income to the extent the hedge was effective by fair value changes related to the risk being hedged on the hedged item. Changes in the fair value of undesignated hedges are recognized currently in the income statement. All ineffective changes in derivative fair values are recognized currently in net income. All designated hedges are formally documented as to the relationship with the hedged item as well as the risk-management strategy. Both at inception and on an ongoing basis the hedging instrument is assessed as to its effectiveness. If and when a derivative is determined not to be highly effective as a hedge, the underlying hedged transaction is no longer likely to occur, the hedge designation is removed, or the derivative is terminated, the hedge accounting discussed above is discontinued (see Note 27). Foreign Currency Translation The functional currencies for most of the company’s foreign operations are their respective local currencies. The assets and liabilities of these operations are translated into U.S. dollars at the end of the period exchange rates. The revenues and expenses are translated at weighted-average rates for the period. The gains or losses from these translations are recorded in other comprehensive income. Gains or losses from transactions denominated in a currency other than the functional currency of the subsidiary involved and foreign exchange forward contracts are included in net income. The pretax net gain (loss) for foreign exchange in 2015, 2014 and 2013 was $22 million, $(47) million and $(26) million, respectively.

NEW ACCOUNTING STANDARDS

NEW ACCOUNTING STANDARDS	12 Months Ended
	Oct. 31, 2015
NEW ACCOUNTING STANDARDS
NEW ACCOUNTING STANDARDS	3. NEW ACCOUNTING STANDARDS New Accounting Standards Adopted In April 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2015-04, Practical Expedient for the Measurement Date of an Employer’s Defined Benefit Obligation and Plan Assets, which amends Accounting Standards Codification (ASC) 715, Compensation – Retirement Benefits. This ASU provides a practical expedient for entities whose fiscal year end does not coincide with a month end. The practical expedient permits defined benefit plan assets and obligations to be measured using the month end that is closest to the entity’s fiscal year end. Early adoption is permitted. The company early adopted this ASU in the fourth quarter of 2015. As a result, pension and other postretirement benefit plan assets and liabilities were measured as of October 31, 2015. The adoption did not have a material effect on the company’s consolidated financial statements. In May 2015, the FASB issued ASU No. 2015-07, Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent), which amends ASC 820, Fair Value Measurement. This ASU removes the requirement to categorize within the fair value hierarchy investments without readily determinable fair values in entities that elect to measure fair value using net asset value per share or its equivalent. The ASU requires that these investments continue to be shown in the investment disclosure amount to allow the disclosure to reconcile to the investment amount presented in the balance sheet. The ASU was early adopted in the fourth quarter of fiscal year 2015 and was applied retrospectively (see pension and health care assets in Note 7). The adoption did not have a material effect on the consolidated financial statements. New Accounting Standards to be Adopted In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606), which supersedes the revenue recognition requirements in ASC 605, Revenue Recognition. This ASU is based on the principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. In August 2015, the FASB issued ASU No. 2015-14, Deferral of the Effective Date, which amends ASU No. 2014-09. As a result, the effective date will be the first quarter of fiscal year 2019 with early adoption permitted in the first quarter of fiscal year 2018. The adoption will use one of two retrospective application methods. The company has not determined the potential effects on the consolidated financial statements. In June 2014, the FASB issued ASU No. 2014-12, Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period, which amends ASC 718, Compensation - Stock Compensation. This ASU requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. Therefore, the performance target should not be reflected in estimating the grant-date fair value of the award. Compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the period(s) for which the requisite service has already been rendered. The total compensation cost recognized during and after the requisite service period should reflect the number of awards that are expected to vest and should be adjusted to reflect those awards that ultimately vest. The effective date will be the first quarter of fiscal year 2017. The adoption will not have a material effect on the company’s consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-03, Simplifying the Presentation of Debt Issuance Costs, which amends ASC 835-30, Interest - Imputation of Interest. This ASU requires that debt issuance costs related to borrowings be presented in the balance sheet as a direct deduction from the carrying amount of the borrowing. This treatment is consistent with debt discounts. The ASU does not affect the amount or timing of expenses for debt issuance costs. The effective date will be the first quarter of fiscal year 2017 and will be applied retrospectively. The adoption will not have a material effect on the company’s consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-05, Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement, which amends ASC 350-40, Intangibles-Goodwill and Other-Internal-Use Software. This ASU provides guidance to customers about whether a cloud computing arrangement includes a software license. If an arrangement includes a software license, the accounting for the license will be consistent with licenses of other intangible assets. If the arrangement does not include a license, the arrangement will be accounted for as a service contract. The effective date will be the first quarter of fiscal year 2017 and will be adopted prospectively. The adoption will not have a material effect on the company’s consolidated financial statements. In May 2015, the FASB issued ASU No. 2015-09, Disclosures about Short-Duration Contracts, which amends ASC 944, Financial Services - Insurance. This ASU requires disclosure of additional information about unpaid claims and claims adjustment expenses, including a rollforward of the liability of the claims adjustment liability. The effective date will be the fourth quarter of fiscal year 2017. The adoption will not have a material effect on the company’s consolidated financial statements. In July 2015, the FASB issued ASU No. 2015-11, Simplifying the Measurement of Inventory, which amends ASC 330, Inventory. This ASU simplifies the subsequent measurement of inventory by using only the lower of cost or net realizable value. The ASU does not apply to inventory measured using the last-in, first-out method. The effective date will be the first quarter of fiscal year 2018 with early adoption permitted. The adoption will not have a material effect on the company’s consolidated financial statements. In August 2015, the FASB issued ASU No. 2015-15, Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements, which amends ASC 835-30, Interest - Imputation of Interest. This ASU clarifies the presentation and subsequent measurement of debt issuance costs associated with lines of credit. These costs may be presented as an asset and amortized ratably over the term of the line of credit arrangement, regardless of whether there are outstanding borrowings on the arrangement. The effective date will be the first quarter of fiscal year 2017 and will be applied retrospectively. The adoption will not have a material effect on the company’s consolidated financial statements.

DISPOSITIONS

DISPOSITIONS	12 Months Ended
	Oct. 31, 2015
DISPOSITIONS
DISPOSITIONS	4. DISPOSITIONS In March 2015, the company closed the sale of all of the stock of its wholly-owned subsidiaries, John Deere Insurance Company and John Deere Risk Protection, Inc. (collectively the Crop Insurance operations) to Farmers Mutual Hail Insurance Company of Iowa. These operations were included in the company’s financial services operating segment. At January 31, 2015, the total assets of $381 million and liabilities of $267 million were classified as held for sale in the consolidated financial statements, which consisted of $13 million of cash and cash equivalents, $79 million of marketable securities, $265 million of other receivables, $4 million of other intangible assets-net and $20 million of other assets. The related liabilities held for sale consisted of accounts payable and accrued expenses. The total amount of proceeds from the sale was approximately $154 million, including $5 million of cash and cash equivalents sold, with a gain recorded in other income of $42 million pretax and $40 million after-tax. The tax expense was partially offset by a change in a valuation allowance on a capital loss carryforward. The company provided certain business services for a fee during a transition period. In May 2014, the company closed the sale of the stock and certain assets of the entities that compose the company’s Water operations to FIMI Opportunity Funds. The sale was the result of the company’s intention to invest its resources in growing core businesses. At April 30, 2014, the total assets of $85 million and liabilities of $50 million were classified as held for sale in the consolidated financial statements, which consisted of $57 million of trade receivables, $10 million of other receivables, $49 million of inventories and $5 million of other assets less a $36 million asset impairment. The related liabilities held for sale consisted of accounts payable and accrued expenses of $47 million and retirement benefits and other liabilities of $3 million. The total amount of proceeds from the sale was approximately $35 million with a loss recorded in other operating expenses of $10 million pretax and after-tax in addition to the impairments recorded (see Note 5). The company provided certain business services for a fee during a transition period. In December 2013, the company closed the sale of 60 percent of its subsidiary John Deere Landscapes, LLC (Landscapes) to a private equity investment firm affiliated with Clayton, Dubilier & Rice, LLC (CD&R). At October 31, 2013, the total assets of $505 million and liabilities of $120 million for these operations were classified as held for sale in the consolidated financial statements and written down to realizable value, which consisted of $153 million of trade receivables, $219 million of inventories, $37 million of property and equipment, $106 million of goodwill, $25 million of other intangible assets and $10 million of other assets less a $45 million asset impairment. The related liabilities held for sale consisted of accounts payable and accrued expenses. The total amount of proceeds from the sale at closing was approximately $305 million with no significant gain or loss, which consisted of $174 million equity contribution and third party debt raised by Landscapes. The equity contribution was in the form of newly issued cumulative convertible participating preferred units representing 60 percent of the voting rights (on an as converted basis), which rank senior to the company’s investment in Landscapes common stock as to dividends. The preferred units ha d an initial liquidation preference of $174 million and accrue dividends at a rate of 12 percent per annum. The liquidation preference is subject to the company’s rights under the stockholders agreement. Due to preferred dividend payment in additional preferred shares over the first two years, CD&R’s ownership increase d over the two -year period. The company initially retained 40 percent of the Landscapes business in the form of common stock. As of January 2014, the company deconsolidated Landscapes and began reporting the results as an equity investment in unconsolidated affiliates. Due to the company’s continuing involvement through its initial 40 percent interest, Landscapes’ historical operating results are presented in continuing operations. Landscapes was rebranded to SiteOne Landscapes Supply, Inc. during 2015 .

SPECIAL ITEMS

SPECIAL ITEMS	12 Months Ended
	Oct. 31, 2015
SPECIAL ITEMS
SPECIAL ITEMS	5. SPECIAL ITEMS Impairments In the fourth quarter of 2014, the company recorded non-cash charges in cost of sales for the impairment of long-lived assets of $18 million and other assets of $16 million pretax and after-tax . The assets are part of the company’s agriculture and turf operations in China. The impairment is the result of a decline in forecasted financial performance that indicated it was probable the future cash flows would not cover the carrying amount of assets used to manufacture agricultural equipment in that country (see Note 26). In 2014, the company recorded non-cash charges of $62 million pretax, or $30 million after-tax, related to the Water operations. In the first quarter, a $26 million pretax and after-tax loss was recorded in cost of sales for the impairment of long-lived assets. In the second quarter, an additional non-cash charge of $36 million pretax, or $4 million after-tax, was recorded in other operating expenses for an impairment to write the Water operations down to fair value less costs to sell. The tax benefits recognized resulted primarily from a change in valuation allowances of the Water operations. These operations were included in the company’s agriculture and turf operating segment (see Note 26). In 2013, the company recorded a non-cash charge for the impairment of long-lived assets of $57 million pretax, or $51 million after-tax. This consists of $50 million pretax, or $44 million after-tax, in the third quarter and $7 million pretax and after-tax in the fourth quarter, related to the company’s Water operations, which were included in the agriculture and turf operating segment. The total pretax impairment loss consisted of $50 million recorded in cost of sales and $7 million in selling, administrative and general expenses. The impairments were due to a decline in the forecasted financial performance and a review of strategic options for the business (see Note 26). In the fourth quarter of 2013 , the company recorded a non-cash charge of $45 million pretax and after-tax in other operating expenses for an impairment to write the Landscapes operations down to realizable value. These operations were included in the agriculture and turf operating segment (see Note 4).

CASH FLOW INFORMATION

CASH FLOW INFORMATION	12 Months Ended
	Oct. 31, 2015
CASH FLOW INFORMATION
CASH FLOW INFORMATION	6. CASH FLOW INFORMATION For purposes of the statement of consolidated cash flows, the company considers investments with purchased maturities of three months or less to be cash equivalents. Substantially all of the company’s short-term borrowings, excluding the current maturities of long-term borrowings, mature or may require payment within three months or less. The equipment operations sell a significant portion of their trade receivables to financial services. These intercompany cash flows are eliminated in the consolidated cash flows. All cash flows from the changes in trade accounts and notes receivable (see Note 12) are classified as operating activities in the statement of consolidated cash flows as these receivables arise from sales to the company’s customers. Cash flows from financing receivables that are related to sales to the company’s customers (see Note 12) are also included in operating activities. The remaining financing receivables are related to the financing of equipment sold by independent dealers and are included in investing activities. The company had the following non-cash operating and investing activities that were not included in the statement of consolidated cash flows. The company transferred inventory to equipment on operating leases of $674 million, $794 million and $659 million in 2015, 2014 and 2013, respectively. The company also had accounts payable related to purchases of property and equipment of $89 million, $128 million and $198 million at October 31, 2015, 2014 and 2013, respectively. Cash payments for interest and income taxes consisted of the following in millions of dollars: 2015 2014 2013 Interest: Equipment operations $ $ $ Financial services Intercompany eliminations Consolidated $ $ $ Income taxes: Equipment operations $ $ $ Financial services Intercompany eliminations Consolidated $ $ $

PENSION AND OTHER POSTRETIREMEN

PENSION AND OTHER POSTRETIREMENT BENEFITS	12 Months Ended
	Oct. 31, 2015
PENSION AND OTHER POSTRETIREMENT BENEFITS
PENSION AND OTHER POSTRETIREMENT BENEFITS	7. PENSION AND OTHER POSTRETIREMENT BENEFITS The company has several defined benefit pension plans and postretirement health care and life insurance plans covering its U.S. employees and employees in certain foreign countries. The company uses an October 31 measurement date for these plans. The components of net periodic pension cost and the assumptions related to the cost consisted of the following in millions of dollars and in percents: 2015 2014 2013 Pensions Service cost $ $ $ Interest cost Expected return on plan assets Amortization of actuarial loss Amortization of prior service cost Other postemployment benefits Settlements/curtailments Net cost $ $ $ Weighted-average assumptions Discount rates Rate of compensation increase Expected long-term rates of return The components of net periodic postretirement benefits cost and the assumptions related to the cost consisted of the following in millions of dollars and in percents: 2015 2014 2013 Health care and life insurance Service cost $ $ $ Interest cost Expected return on plan assets Amortization of actuarial loss Amortization of prior service credit Settlements/curtailments Net cost $ $ $ Weighted-average assumptions Discount rates Expected long-term rates of return The previous pension cost in net income and other changes in plan assets and benefit obligations in other comprehensive income in millions of dollars were as follows: 2015 2014 2013 Pensions Net cost $ $ $ Retirement benefit adjustments included in other comprehensive (income) loss: Net actuarial (gain) loss Prior service (credit) cost Amortization of actuarial loss Amortization of prior service cost Settlements/curtailments Total (gain) loss recognized in other comprehensive (income) loss Total recognized in comprehensive (income) loss $ $ $ The previous postretirement benefits cost in net income and other changes in plan assets and benefit obligations in other comprehensive income in millions of dollars were as follows: 2015 2014 2013 Health care and life insurance Net cost $ $ $ Retirement benefit adjustments included in other comprehensive (income) loss: Net actuarial (gain) loss Prior service credit Amortization of actuarial loss Amortization of prior service credit Settlements/curtailments Total (gain) loss recognized in other comprehensive (income) loss Total recognized in comprehensive (income) loss $ $ $ The benefit plan obligations, funded status and the assumptions related to the obligations at October 31 in millions of dollars follow: Health Care and Pensions Life Insurance 2015 2014 2015 2014 Change in benefit obligations Beginning of year balance $ $ $ $ Service cost Interest cost Actuarial gain (loss) Amendments Benefits paid Health care subsidies Other postemployment benefits Settlements/curtailments Foreign exchange and other End of year balance Change in plan assets (fair value) Beginning of year balance Actual return on plan assets Employer contribution Benefits paid Settlements/curtailments Foreign exchange and other End of year balance Funded status $ $ $ $ Weighted-average assumptions Discount rates Rate of compensation increase In the fourth quarter of 2015, the company decided to transition Medicare eligible wage and certain Medicare eligible salaried retire es to a Medicare Advantage plan offered by a private insurance company. This transition, which will take effect in January 2016, will not affect the participants’ level of benefits and is expected to result in future cost savings for the company. In the fourth quarter of 2015 and 2014, the company updated mortality assumptions based on tables issu ed by the Society of Actuaries. For Medicare eligible salaried retirees that primarily retire after July 1, 1993 and are eligible for postretirement medical benefits, the company’s postretirement benefit plan consists of annual Retiree Medical Credits (RMCs). The RMC is a monetary amount provided to the retirees annually to assist with their medical costs. In October 2014, the RMC plan was modified to change the annual cost sharing provisions. Beginning in 2015 , the annual RMC amount did not increase and the rate of future changes will continue to be set each year by the company. The amounts recognized at October 31 in millions of dollars consist of the following: Health Care and Pensions Life Insurance 2015 2014 2015 2014 Amounts recognized in balance sheet Noncurrent asset $ $ Current liability $ $ Noncurrent liability Total $ $ $ $ Amounts recognized in accumulated other comprehensive income – pretax Net actuarial loss $ $ $ $ Prior service cost (credit) Total $ $ $ $ The total accumulated benefit obligations for all pension plans at October 31, 2015 and 2014 was $11,508 million and $11,425 million, respectively. The accumulated benefit obligations and fair value of plan assets for pension plans with accumulated benefit obligations in excess of plan assets were $7,254 million and $6,669 million, respectively, at October 31, 2015 and $1,381 million and $916 million, respectively, at October 31, 2014. The projected benefit obligations and fair value of plan assets for pension plans with projected benefit obligations in excess of plan assets were $8,196 million and $6,958 million, respectively, at October 31, 2015 and $8,213 million and $7,208 million, respectively, at October 31, 2014. The amounts in accumulated other comprehensive income that are expected to be amortized as net expense (income) during fiscal 2016 in millions of dollars follow: Health Care and Pensions Life Insurance Net actuarial loss $ $ Prior service cost (credit) Total $ $ Actuarial gains and losses are recorded in accumulated other comprehensive income (loss). To the extent unamortized gains and losses exceed 10% of the higher of the market-related value of assets or the benefit obligation, the excess is amortized as a component of net periodic cost over the remaining service period of the active participants. For plans in which all or almost all of the plan’s participants are inactive, the amortization period is the remaining life expectancy of the inactive participants. The company expects to contribute approximately $73 million to its pension plans and approximately $25 million to its health care and life insurance plans in 2016, which are primarily direct benefit payments for unfunded plans. The benefits expected to be paid from the benefit plans, which reflect expected future years of service, are as follows in millions of dollars: Health Care and Pensions Life Insurance* 2016 $ $ 2017 2018 2019 2020 2021 to 2025 * Net of prescription drug group benefit subsidy under Medicare Part D. The annual rates of increase in the per capita cost of covered health care benefits (the health care cost trend rates) used to determine accumulated postretirement benefit obligations were based on the trends for medical and prescription drug claims for pre- and post-65 age groups due to the effects of Medicare. At October 31, 2015, the weighted- average composite trend rates for these obligations were assumed to be a .8 percent increase from 2015 to 2016, followed by an increase of 7.9 percent from 2016 to 2017, gradually decreasing to 4.8 percent from 2024 to 202 5 and all future years. The small estimated increase from 2015 to 2016 resulted from the transition to the Medicare Advantage plan in January 2016. The obligations at October 31, 2014 and the cost in 2015 assumed a 6.2 percent increase from 2014 to 2015, gradually decreasing to 5.0 percent from 2022 to 2023 and all future years. An increase of one percentage point in the assumed health care cost trend rate would increase the accumulated postretirement benefit obligations by $807 million and the aggregate of service and interest cost component of net periodic postretirement benefits cost for the year by $45 million. A decrease of one percentage point would decrease the obligations by $619 million and the cost by $34 m illion. The discount rate assumptions used to determine the postretirement obligations at October 31, 2015 and 2014 were based on hypothetical AA yield curves represented by a series of annualized individual discount rates. These discount rates represent the rates at which the company’s benefit obligations could effectively be settled at the October 31 measurement dates. Beginning in 2016, the company will change the method used to estimate the service and interest cost components of the net periodic pension and other postretirement benefit costs. The new method uses the spot yield curve approach to estimate the service and interest costs by applying the specific spot rates along the yield curve used to determine the benefit obligations to relevant projected cash outflows. Previously, those costs were determined using a single weighted-average discount rate. The change does not affect the measurement of the total benefit obligations as the change in service and interest costs offsets in the actuarial gains and losses recorded in other comprehensive income. The new method provides a more precise measure of interest and service costs by improving the correlation between the projected benefit cash flows and the discrete spot yield curve rates. The company will account for this change as a change in estimate prospectively beginning in the first quarter of 2016. See “Postretirement Benefit Obligations” in Critical Accounting Policies for additional details. Fair value measurement levels in the following tables are defined in Note 26. The fair values of the pension plan assets at October 31, 2015 follow in millions of dollars: Total Level 1 Level 2 Cash and short-term investments $ $ $ Equity: U.S. equity securities and funds International equity securities Fixed Income: Government and agency securities Corporate debt securities Mortgage-backed securities Fixed income funds Real estate Derivative contracts - assets* Derivative contracts - liabilities** Receivables, payables and other Securities lending collateral Securities lending liability Securities sold short Total of Level 1 and Level 2 assets $ $ Investments at net asset value***: Short-term investments U.S. equity funds International equity funds Corporate debt funds Fixed income funds Real estate Hedge funds Private equity/venture capital Other investments Total net assets $ * Includes contracts for interest rates of $137 million, foreign currency of $17 million, equity of $30 million and other of $6 million. ** Includes contracts for interest rates of $7 million, foreign currency of $15 million and other of $4 million. *** Investments are measured at fair value using the net asset value per share practical expedient, and therefore, are not classified in the fair value hierarchy. The fair values of the health care assets at October 31, 2015 follow in millions of dollars: Total Level 1 Level 2 Cash and short-term investments $ $ $ Equity: U.S. equity securities and funds International equity securities Fixed Income: Government and agency securities Corporate debt securities Mortgage-backed securities Fixed income funds Real estate Derivative contracts - assets* Receivables, payables and other Securities lending collateral Securities lending liability Securities sold short Total of Level 1 and Level 2 assets $ $ Investments at net asset value**: Short-term investments International equity funds Fixed income funds Real estate funds Hedge funds Private equity/venture capital Other investments Total net assets $ * Includes contracts for interest rates of $2 million , foreign currency of $1 million and equity of $1 million . ** Investments are measured at fair value using the net asset value per share practical expedient, and therefore, are not classified in the fair value hierarchy. The fair values of the pension plan assets at October 31, 2014 follow in millions of dollars: Total Level 1 Level 2 Cash and short-term investments $ $ $ Equity: U.S. equity securities and funds International equity securities and funds Fixed Income: Government and agency securities Corporate debt securities Mortgage-backed securities Fixed income funds Real estate Derivative contracts - assets* Derivative contracts - liabilities** Receivables, payables and other Securities lending collateral Securities lending liability Securities sold short Total of Level 1 and Level 2 assets $ $ Investments at net asset value***: Short-term investments U.S. equity funds International equity funds Fixed income funds Real estate funds Hedge funds Private equity/venture capital Other investments Total net assets $ * Includes contracts for interest rates of $246 million, foreign currency of $61 million, equity of $11 million and other of $4 million. ** Includes contracts for interest rates of $6 million, foreign currency of $25 million and other of $8 million. *** Investments are measured at fair value using the net asset value per share practical expedient, and therefore, are not classified in the fair value hierarchy. The fair values of the health care assets at October 31, 2014 follow in millions of dollars: Total Level 1 Level 2 Cash and short-term investments $ $ $ Equity: U.S. equity securities and funds International equity securities Fixed Income: Government and agency securities Corporate debt securities Mortgage-backed securities Fixed income funds Real estate Derivative contracts - assets* Derivative contracts - liabilities** Receivables, payables and other Securities lending collateral Securities lending liability Securities sold short Total of Level 1 and Level 2 assets $ $ Investments at net asset value***: Short-term investments International equity funds Fixed income funds Real estate funds Hedge funds Private equity/venture capital Other investments Total net assets $ * Includes contracts for interest rates of $3 million and foreign currency of $2 million. ** Includes contracts for foreign currency of $1 million. *** Investments are measured at fair value using the net asset value per share practical expedient, and therefore, are not classified in the fair value hierarchy. Fair values are determined as follows: Cash and Short-Term Investments – Includes accounts that are valued based on the account value, which approximates fair value, and investment funds that are value d on the fund’s net asset value (NAV) based on the fair value of the underlying securities. Also included are securities that are valued using a market approach (matrix pricing model) in which all significant inputs are observable or can be derived from or corroborated by observable market data. Equity Securities and Funds – The values are determined primarily by closing prices in the active market in which the equity investment trades, or the fund’s NAV, based on the fair value of the underlying securities. Fixed Income Securities and Funds – The securities are valued using either a market approach (matrix pricing model) in which all significant inputs are observable or can be derived from or corroborated by observable market data such as interest rates, yield curves, volatilities, credit risk and prepayment speeds, or they are valued using the closing prices in the active market in which the fixed income investment trades. Fixed income funds are valued using the NAV, based on the fair value of the underlying securities or closing prices in the active market in which the investment trades . Real Estate, Venture Capital, Private Equity, Hedge Funds and Other – The investments, which are structured as limited partnerships, are valued at estimated fair value based on their proportionate share of the limited partnership’s fair value that is determined by the general partner. The general partner values these investments using a combination of NAV, an income approach (primarily estimated cash flows discounted over the expected holding period), or market approach (primarily the valuation of similar securities and properties). Real estate investment trusts are primarily v alued at the closing prices in the active markets in which the investment trades. Real estate investment funds and other investments are primarily valued at NAV, based on the fair value of the underlying securities. Interest Rate, Foreign Currency and Other Derivative Instruments – The derivatives are valued using either an income approach (discounted cash flow) using market observable inputs, including swap curves and both forward and spot exchange rates, or a market approach (closing prices in the active market in which the derivative instrument trades). The primary investment objective for the pension and health care plan s assets is to maximize the growth of these assets to support the projected obligations to the beneficiaries over a long period of time, and to do so in a manner that is consistent with the company’s risk tolerance. The asset allocation policy is the most important decision in managing the assets and it is reviewed regularly. The asset allocation policy considers the company’s long-term asset class risk/return expectations since the obligations are long-term in nature. The current target allocations for pension assets are approximately 49 percent for equity securities, 24 percent for debt securities, 5 percent for real estate and 22 percent for other investments. The target allocations for health care assets are approximately 53 percent for equity securities, 28 percent for debt securities, 4 percent for real estate and 15 percent for other investments. The allocation percentages above include the effects of combining derivatives with other investments to manage asset allocations and exposures to interest rates and foreign currency exchange. The assets are well diversified and are managed by professional investment firms as well as by investment professionals who are company employees. As a result of the company’s diversified investment policy, there were no significant concentrations of risk. The expected long-term rate of return on plan assets reflects management’s expectations of long-term average rates of return on funds invested to provide for benefits included in the projected benefit obligations. A market related value of plan assets is used to calculate the expected return on assets. The market related value recognizes changes in the fair value of pension plan assets systematically over a five -year period. The market related value of the health care and life insurance plan assets equal fair value. The expected return is based on the outlook for inflation and for returns in multiple asset classes, while also considering historical returns, asset allocation and investment strategy. The company’s approach has emphasized the long-term nature of the return estimate such that the return assumption is not changed significantly unless there are fundamental changes in capital markets that affect the company’s expectations for returns over an extended period of time (i.e., 10 to 20 years). The average annual return of the company’s U.S. pension fund was approximately 8.0 percent during the past ten years and approximately 9.0 percent during the past 20 years. Since return premiums over inflation and total returns for major asset classes vary widely even over ten-year periods, recent history is not necessarily indicative of long-term future expected returns. The company’s systematic methodology for determining the long-term rate of return for the company’s investment strategies supports the long-term expected return assumptions. The company has created certain Voluntary Employees’ Beneficiary Association trusts (VEBAs) for the funding of postretirement health care benefits. The future expected asset returns for these VEBAs are lower than the expected return on the other pension and health care plan assets due to investment in a higher proportion of liquid securities. These assets are in addition to the other postretirement health care plan assets that have been funded under Section 401(h) of the U.S. Internal Revenue Code and maintained in a separate account in the company’s pension plan trust. The company has defined contribution plans related to employee investment and savings plans primarily in the U.S. The company’s contributions and costs under these plans were $185 million in 2015, $184 million in 2014 and $178 million in 2013 . The contribution rate varies primarily based on the company’s performance in the prior year and employee participation in the plans.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Oct. 31, 2015
INCOME TAXES
INCOME TAXES	8. INCOME TAXES The provision for income taxes by taxing jurisdiction and by significant component consisted of the following in millions of dollars: 2015 2014 2013 Current: U.S.: Federal $ $ $ State Foreign Total current Deferred: U.S.: Federal State Foreign Total deferred Provision for income taxes $ $ $ Based upon the location of the company’s operations, the consolidated income before income taxes in the U.S. in 2015, 2014 and 2013 was $1,838 million, $3,219 million and $4,124 million, respectively, and in foreign countries was $942 million, $1,578 million and $1,359 million, respectively. Certain foreign operations are branches of Deere & Company and are subject to U.S. as well as foreign income tax regulations. The pretax income by location and the preceding analysis of the income tax provision by taxing jurisdiction are not directly related. A comparison of the statutory and effective income tax provision and reasons for related differences in millions of dollars follow: 2015 2014 2013 U.S. federal income tax provision at a statutory rate of 35 percent $ $ $ Increase (decrease) resulting from: State and local income taxes, net of federal income tax benefit German branch deferred tax write-off Differences in taxability of foreign (earnings) losses Nondeductible impairment charges Research and business tax credits Tax rates on foreign earnings Valuation allowance on deferred taxes Other-net Provision for income taxes $ $ $ At October 31, 2015, accumulated earnings in certain subsidiaries outside the U.S. totaled $5,282 million for which no provision for U.S. income taxes or foreign withholding taxes has been made, because it is expected that such earnings will be reinvested outside the U.S. indefinitely. Determination of the amount of unrecognized deferred tax liability on these unremitted earnings is not practicable. At October 31, 2015, the amount of cash and cash equivalents and marketable securities held by these foreign subsidiaries was $1,588 million. Deferred income taxes arise because there are certain items that are treated differently for financial accounting than for income tax reporting purposes. An analysis of the deferred income tax assets and liabilities at October 31 in millions of dollars follows: 2015 2014 Deferred Deferred Deferred Deferred Tax Tax Tax Tax Assets Liabilities Assets Liabilities Other postretirement benefit liabilities $ $ Tax over book depreciation $ $ Accrual for sales allowances Lease transactions Tax loss and tax credit carryforwards Foreign unrealized losses Pension liability - net Accrual for employee benefits Share-based compensation Inventory Goodwill and other intangible assets Allowance for credit losses Deferred gains on distributed foreign earnings Deferred compensation Undistributed foreign earnings Other items Less valuation allowances Deferred income tax assets and liabilities $ $ $ $ Deere & Company files a consolidated federal income tax return in the U.S., which includes the wholly-owned financial services subsidiaries. These subsidiaries account for income taxes generally as if they filed separate income tax returns. At October 31, 2015, certain tax loss and tax credit carryforwards of $604 million, of which $88 million are capital losses, were available with $226 million expiring from 2016 through 2035 and $378 million with an indefinite carryforward period. In March 2013, the company changed the corporate structure of most of its German operations from a branch to a subsidiary of Deere & Company. The change provides the company increased flexibility and efficiency in funding growth in international operations. As a result, the tax status of these operations changed. Formerly, as a branch these earnings were taxable in the U.S. as earned. As a subsidiary, these earnings are now taxable in the U.S. if they are distributed to Deere & Company as dividends, which is the same as the company’s other foreign subsidiaries. The earnings of the new German subsidiary remain taxable in Germany. Due to the change in tax status and the expectation that the German subsidiary’s earnings are indefinitely reinvested, the deferred tax assets and liabilities related to U.S. taxable temporary differences for the previous German branch were written off. The effect of this write-off was a decrease in net deferred tax assets and a charge to the income tax provision of $56 million during the second fiscal quarter of 2013. A reconciliation of the total amounts of unrecognized tax benefits at October 31 in millions of dollars follows: 2015 2014 2013 Beginning of year balance $ $ $ Increases to tax positions taken during the current year Increases to tax positions taken during prior years Decreases to tax positions taken during prior years Decreases due to lapse of statute of limitations Settlements Foreign exchange End of year balance $ $ $ The amount of unrecognized tax benefits at October 31, 2015 that would affect the effective tax rate if the tax benefits were recognized was $79 million. The remaining liability was related to tax positions for which there are offsetting tax receivables, or the uncertainty was only related to timing. The company expects that any reasonably possible change in the amounts of unrecognized tax benefits in the next twelve months would not be significant. The company files its tax returns according to the tax laws of the jurisdictions in which it operates, which includes the U.S. federal jurisdiction, and various state and foreign jurisdictions. The U.S. Internal Revenue Service has completed the examination of the company’s federal income tax returns for periods prior to 2009. The years 2009 through 2012 federal income tax returns are currently under examination. Various state and foreign income tax returns, including major tax jurisdictions in Canada and Germany, also remain subject to examination by taxing authorities. The company’s policy is to recognize interest related to income taxes in interest expense and interest income, and recognize penalties in selling, administrative and general expenses. During 2015, 2014 and 2013, the total amount of expense from interest and penalties was $23 million, $11 million and $9 million and the interest income was $3 million, $4 million and $4 million, respectively. At October 31, 2015 and 2014, the liability for accrued interest and penalties totaled $69 million and $54 million and the receivable for interest was $2 million and $2 million, respectively.

OTHER INCOME AND OTHER OPERATIN

OTHER INCOME AND OTHER OPERATING EXPENSES	12 Months Ended
	Oct. 31, 2015
OTHER INCOME AND OTHER OPERATING EXPENSES
OTHER INCOME AND OTHER OPERATING EXPENSES	9. OTHER INCOME AND OTHER OPERATING EXPENSES The major components of other income and other operating expenses consisted of the following in millions of dollars: 2015 2014 2013 Other income Insurance premiums and fees earned $ $ $ Revenues from services Investment income Other Total $ $ $ Other operating expenses Depreciation of equipment on operating leases $ $ $ Insurance claims and expenses Cost of services Other Total $ $ $ The company offers extended equipment warranties and, p rior to the divestiture of the crop insurance subsidiaries (see Note 4) , issued crop insurance policies. T o limit losses and reduce exposure to crop insurance claims , the company utilized reinsurance . Although reinsurance contracts permit ted recovery of certain claims from reinsurers, the insurance subsidiary was not relieved of its primary obligation to the policyholders. The premiums ceded by the crop insurance subsidiary in 2015, 2014 and 2013 were $54 million, $288 million and $337 million, and claims recoveries on the ceded business were $65 million, $304 million and $294 million, respectively. The amounts from reinsurance are netted against the insurance premiums and fees earned and the insurance claims and expenses in the table above.

UNCONSOLIDATED AFFILIATED COMPA

UNCONSOLIDATED AFFILIATED COMPANIES	12 Months Ended
	Oct. 31, 2015
UNCONSOLIDATED AFFILIATED COMPANIES
UNCONSOLIDATED AFFILIATED COMPANIES	10. UNCONSOLIDATED AFFILIATED COMPANIES Unconsolidated affiliated companies are companies in which Deere & Company generally owns 20 percent to 50 percent of the outstanding voting shares. Deere & Company does not control these companies and accounts for its investments in them on the equity basis. The investments in these companies primarily consist of Bell Equipment Limited ( 32 percent ownership), Deere-Hitachi Construction Machinery Corporation ( 50 percent ownership), Deere-Hitachi Maquinas de Construcao do Brasil S.A. ( 50 percent ownership) and SiteOne Landscapes Supply, LLC. ( 35 percent ownership). The unconsolidated affiliated companies primarily manufacture or market equipment and landscapes products. Deere & Company’s share of the income or loss of these companies is reported in the consolidated income statement under “Equity in income (loss) of unconsolidated affiliates.” The investment in these companies is reported in the consolidated balance sheet under “Investments in unconsolidated affiliates.” Combined financial information of the unconsolidated affiliated companies in millions of dollars follows: Operations 2015 2014 2013 Sales $ $ $ Net income Deere & Company’s equity in net income (loss) Financial Position 2015 2014 Total assets $ $ Total external borrowings Total net assets Deere & Company’s share of the net assets Consolidated retained earnings at October 31, 2015 include undistributed earnings of the unconsolidated affiliates of $165 million. Dividends from unconsolidated affiliates were $1 million in 2015, $1 million in 2014 and $10 million in 2013. In the ordinary course of business, the company purchases components and finished goods and sells these products to the unconsolidated affiliated companies. Transactions with unconsolidated affiliated companies reported in the statement of consolidated income in millions of dollars follow : 2015 2014 2013 Net sales $ $ $ Purchases

MARKETABLE SECURITIES

MARKETABLE SECURITIES	12 Months Ended
	Oct. 31, 2015
MARKETABLE SECURITIES
MARKETABLE SECURITIES	11. MARKETABLE SECURITIES All marketable securities are classified as available-for-sale, with unrealized gains and losses shown as a component of stockholders’ equity. Realized gains or losses from the sales of marketable securities are based on the specific identification method. The amortized cost and fair value of marketable securities at October 31 in millions of dollars follow: Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value 2015 Equity fund $ $ $ U.S. government debt securities Municipal debt securities Corporate debt securities $ International debt securities Mortgage-backed securities* Marketable securities $ $ $ $ 2014 Equity fund $ $ $ Fixed income fund U.S. government debt securities $ Municipal debt securities Corporate debt securities Mortgage-backed securities* Marketable securities $ $ $ $ * Primarily issued by U.S. government sponsored enterprises. The contractual maturities of debt securities at October 31, 2015 in millions of dollars follow: Amortized Fair Cost Value Due in one year or less $ $ Due after one through five years Due after five through 10 years Due after 10 years Mortgage-backed securities Debt securities $ $ Actual maturities may differ from contractual maturities because some securities may be called or prepaid. Because of the potential for prepayment on mortgage-backed securities, they are not categorized by contractual maturity. Proceeds from the sales of available-for-sale securities were $120 million in 2015, $6 million in 2014 and $7 million in 2013. Realized gains, realized losses, the increase (decrease) in net unrealized gains or losses and unrealized losses that have been continuous for over twelve months were not significant in 2015, 2014 and 2013. Unrealized losses at October 31, 2015 and 2014 were primarily the result of an increase in interest rates and were not recognized in income due to the ability and intent to hold to maturity. There were no significant impairment write-downs in the periods reported.

RECEIVABLES

RECEIVABLES	12 Months Ended
	Oct. 31, 2015
RECEIVABLES
RECEIVABLES	12. RECEIVABLES Trade Accounts and Notes Receivable Trade accounts and notes receivable at October 31 consisted of the following in millions of dollars: 2015 2014 Trade accounts and notes: Agriculture and turf $ $ Construction and forestry Trade accounts and notes receivable–net $ $ At October 31, 2015 and 2014, dealer notes included in the previous table were $90 million and $61 million, and the allowance for credit losses was $41 million and $55 million, respectively. The equipment operations sell a significant portion of their trade receivables to financial services and provide compensation to these operations at approximate market rates of interest. Trade accounts and notes receivable primarily arise from sales of goods to independent dealers. Under the terms of the sales to dealers, interest is primarily charged to dealers on outstanding balances, from the earlier of the date when goods are sold to retail customers by the dealer or the expiration of certain interest-free periods granted at the time of the sale to the dealer, until payment is received by the company. Dealers cannot cancel purchases after the equipment is shipped and are responsible for payment even if the equipment is not sold to retail customers. The interest-free periods are determined based on the type of equipment sold and the time of year of the sale. These periods range from one to twelve months for most equipment. Interest-free periods may not be extended. Interest charged may not be forgiven and the past due interest rates exceed market rates. The company evaluates and assesses dealers on an ongoing basis as to their creditworthiness and generally retains a security interest in the goods associated with the trade receivables. The company is obligated to repurchase goods sold to a dealer upon cancellation or termination of the dealer’s contract for such causes as change in ownership and closeout of the business. Trade accounts and notes receivable have significant concentrations of credit risk in the agriculture and turf sector and construction and forestry sector as shown in the previous table. On a geographic basis, there is not a disproportionate concentration of credit risk in any area. Financing Receivables Financing receivables at October 31 consisted of the following in millions of dollars: 2015 2014 Unrestricted/Securitized Unrestricted/Securitized Retail notes: Equipment: Agriculture and turf $ $ $ $ Construction and forestry Total Wholesale notes Revolving charge accounts Financing leases (direct and sales-type) Total financing receivables Less: Unearned finance income: Equipment notes Financing leases Total Allowance for credit losses Financing receivables – net $ $ $ $ The residual values for investments in financing leases at October 31, 2015 and 2014 totaled $115 million and $112 million, respectively. Financing receivables have significant concentrations of credit risk in the agriculture and turf sector and construction and forestry sector as shown in the previous table. On a geographic basis, there is not a disproportionate concentration of credit risk in any area. The company generally retains as collateral a security interest in the equipment associated with retail notes, wholesale notes and financing leases. Financing receivables at October 31 related to the company’s sales of equipment that were included in the table above consisted of the following in millions of dollars: 2015 2014 Unrestricted Unrestricted Retail notes*: Equipment: Agriculture and turf $ $ Construction and forestry Total Wholesale notes Sales-type leases Total Less: Unearned finance income: Equipment notes Sales-type leases Total Financing receivables related to the company’s sales of equipment $ $ * These retail notes generally arise from sales of equipment by company-owned dealers or through direct sales. Financing receivable installments, including unearned finance income, at October 31 are scheduled as follows in millions of dollars: 2015 2014 Unrestricted/Securitized Unrestricted/Securitized Due in months: 0 – 12 $ $ $ $ 13 – 24 25 – 36 37 – 48 49 – 60 Thereafter Total $ $ $ $ The maximum terms for retail notes are generally seven years for agriculture and turf equipment and five years for construction and forestry equipment. The maximum term for financing leases is generally five years, while the average term for wholesale notes is less than twelve months. At October 31, 2015 and 2014, the unpaid balances of receivables administered but not owned were $22 million and $54 million, respectively. At October 31, 2015 and 2014, worldwide financing receivables administered, which include financing receivables administered but not owned, totaled $29,666 million and $32,078 million, respectively. Past due balances of financing receivables still accruing finance income represent the total balance held (principal plus accrued interest) with any payment amounts 30 days or more past the contractual payment due date. Non-performing financing receivables represent loans for which the company has ceased accruing finance income. These receivables are generally 120 days delinquent and the estimated uncollectible amount, after charging the dealer’s withholding account, has been written off to the allowance for credit losses. Finance income for non-performing receivables is recognized on a cash basis. Accrual of finance income is generally resumed when the receivable becomes contractually current and collections are reasonably assured. An age analysis of past due financing receivables that are still accruing interest and non-performing financing receivables at October 31 follows in millions of dollars: 30-59 60-89 90 Days Days Days or Greater Total Past Due Past Due Past Due Past Due 2015 Retail Notes: Agriculture and turf $ $ $ $ Construction and forestry Other: Agriculture and turf Construction and forestry Total $ $ $ $ Total Total Total Non- Financing Past Due Performing Current Receivables Retail Notes: Agriculture and turf $ $ $ $ Construction and forestry Other: Agriculture and turf Construction and forestry Total $ $ $ Less allowance for credit losses Total financing receivables - net $ 30-59 60-89 90 Days Days Days or Greater Total Past Due Past Due Past Due Past Due 2014 Retail Notes: Agriculture and turf $ $ $ $ Construction and forestry Other: Agriculture and turf Construction and forestry Total $ $ $ $ Total Total Total Non- Financing Past Due Performing Current Receivables Retail Notes: Agriculture and turf $ $ $ $ Construction and forestry Other: Agriculture and turf Construction and forestry Total $ $ $ Less allowance for credit losses Total financing receivables - net $ An analysis of the allowance for credit losses and investment in financing receivables follows in millions of dollars: Revolving Retail Charge Notes Accounts Other Total 2015 Allowance: Beginning of year balance $ $ $ $ Provision Write-offs Recoveries Translation adjustments End of year balance* $ $ $ $ Financing receivables: End of year balance $ $ $ $ Balance individually evaluated $ $ $ * Individual allowances were not significant. 2014 Allowance: Beginning of year balance $ $ $ $ Provision Write-offs Recoveries Translation adjustments End of year balance* $ $ $ $ Financing receivables: End of year balance $ $ $ $ Balance individually evaluated $ $ $ * Individual allowances were not significant. 2013 Allowance: Beginning of year balance $ $ $ $ Provision (credit) Write-offs Recoveries Translation adjustments End of year balance* $ $ $ $ Financing receivables: End of year balance $ $ $ $ Balance individually evaluated $ $ $ * Individual allowances were not significant. Past-due amounts over 30 days represented 1.28 percent and .90 percent of the receivables financed at October 31, 2015 and 2014 , respectively . The allowance for credit losses represented .53 percent and .54 percent of financing receivables outstanding at October 31, 2015 and 2014, respectively. In addition, at October 31, 2015 and 2014, the company’s financial services operations had $179 million and $196 million, respectively, of deposits withheld from dealers and merchants available for potential credit losses. Financing receivables are considered impaired when it is probable the company will be unable to collect all amounts due according to the contractual terms. Receivables reviewed for impairment generally include those that are either past due, or have provided bankruptcy notification, or require significant collection efforts. Receivables, which are impaired, are generally classified as non-performing. An analysis of the impaired financing receivables at October 31 follows in millions of dollars: Unpaid Average Recorded Principal Specific Recorded Investment Balance Allowance Investment 2015* Receivables with specific allowance** $ $ $ $ Receivables without a specific allowance*** Total $ $ $ $ Agriculture and turf $ $ $ $ Construction and forestry $ $ $ 2014* Receivables with specific allowance** $ $ $ $ Receivables without a specific allowance** Total $ $ $ $ Agriculture and turf $ $ $ $ Construction and forestry $ $ $ * Finance income recognized was not material. ** Primarily retail notes. *** Primarily retail notes and wholesale receivables. A troubled debt restructuring is generally the modification of debt in which a creditor grants a concession it would not otherwise consider to a debtor that is experiencing financial difficulties. These modifications may include a reduction of the stated interest rate, an extension of the maturity dates, a reduction of the face amount or maturity amount of the debt, or a reduction of accrued interest. During 2015, 2014 and 2013, the company identified 107 , 66 and 92 financing receivable contracts, primarily operating loans and retail notes, as troubled debt restructurings with aggregate balances of $8 million, $3 million and $16 million pre-modification and $7 million, $2 million and $15 million post-modification, respectively. During these same periods, there were no significant troubled debt restructurings that subsequently defaulted and were written off. At October 31, 2015, the company had no significant commitments to lend additional funds to borrowers whose accounts were modified in troubled debt restructurings. Other Receivables Other receivables at October 31 consisted of the following in millions of dollars: 2015 2014 Taxes receivable $ $ Reinsurance receivables Insurance premium receivables Other Other receivables $ $ Reinsurance and insurance premium receivables we re associated with the financial services’ crop insurance subsidiary (see Note 9), which was sold in 2015 (see Note 4).

SECURITIZATION OF FINANCING REC

SECURITIZATION OF FINANCING RECEIVABLES	12 Months Ended
	Oct. 31, 2015
SECURITIZATION OF FINANCING RECEIVABLES
SECURITIZATION OF FINANCING RECEIVABLES	13. SECURITIZATION OF FINANCING RECEIVABLES The company, as a part of its overall funding strategy, periodically transfers certain financing receivables (retail notes) into variable interest entities (VIEs) that are special purpose entities (SPEs), or a non-VIE banking operation, as part of its asset-backed securities programs (securitizations). The structure of these transactions is such that the transfer of the retail notes did not meet the criteria of sales of receivables, and is, therefore, accounted for as a secured borrowing. SPEs utilized in securitizations of retail notes differ from other entities included in the company’s consolidated statements because the assets they hold are legally isolated. Use of the assets held by the SPEs or the non-VIE is restricted by terms of the documents governing the securitization transactions. In securitizations of retail notes related to secured borrowings, the retail notes are transferred to certain SPEs or to a non-VIE banking operation, which in turn issue debt to investors. The debt securities issued to the third party investors result in secured borrowings, which are recorded as “Short-term securitization borrowings” on the consolidated balance sheet. The securitized retail notes are recorded as “Financing receivables securitized - net” on the balance sheet. The total restricted assets on the balance sheet related to these securitizations include the financing receivables securitized less an allowance for credit losses, and other assets primarily representing restricted cash. For those securitizations in which retail notes are transferred into SPEs, the SPEs supporting the secured borrowings are consolidated unless the company does not have both the power to direct the activities that most significantly impact the SPEs’ economic performance and the obligation to absorb losses or the right to receive benefits that could potentially be significant to the SPEs. No additional support to these SPEs beyond what was previously contractually required has been provided during the reporting periods. In certain securitizations, the company consolidates the SPEs since it has both the power to direct the activities that most significantly impact the SPEs’ economic performance through its role as servicer of all the receivables held by the SPEs, and the obligation through variable interests in the SPEs to absorb losses or receive benefits that could potentially be significant to the SPEs. The restricted assets (retail notes securitized, allowance for credit losses and other assets) of the consolidated SPEs totaled $3,006 million and $3,011 million at October 31, 2015 and 2014, respectively. The liabilities (short-term securitization borrowings and accrued interest) of these SPEs totaled $2,743 million and $2,942 million at October 31, 2015 and 2014, respectively. In the fourth quarter of 2015, as part of a receivable transfer, the company retained $228 million of securitization borrowings, with a balance of $189 million at October 31, 2015. This amount is not shown as a liability above as the borrowing is not outstanding to a third party. The credit holders of these SPEs do not have legal recourse to the company’s general credit. In certain securitizations, the company transfers retail notes to a non-VIE banking operation, which is not consolidated since the company does not have a controlling interest in the entity. The company’s carrying values and interests related to the securitizations with the unconsolidated non-VIE were restricted assets (retail notes securitized, allowance for credit losses and other assets) of $249 million and $368 million at October 31, 2015 and 2014, respectively. The liabilities (short-term securitization borrowings and accrued interest) were $238 million and $351 million at October 31, 2015 and 2014, respectively. In certain securitizations, the company transfers retail notes into bank-sponsored, multi-seller, commercial paper conduits, which are SPEs that are not consolidated. The company does not service a significant portion of the conduits’ receivables, and therefore, does not have the power to direct the activities that most significantly impact the conduits’ economic performance. These conduits provide a funding source to the company (as well as other transferors into the conduit) as they fund the retail notes through the issuance of commercial paper. The company’s carrying values and variable interest related to these conduits were restricted assets (retail notes securitized, allowance for credit losses and other assets) of $1,689 million and $1,331 million at October 31, 2015 and 2014, respectively. The liabilities (short-term securitization borrowings and accrued interest) related to these conduits were $1,611 million and $1,267 million at October 31, 2015 and 2014, respectively. The company’s carrying amount of the liabilities to the unconsolidated conduits, compared to the maximum exposure to loss related to these conduits, which would only be incurred in the event of a complete loss on the restricted assets, was as follows at October 31 in millions of dollars: 2015 Carrying value of liabilities $ Maximum exposure to loss The total assets of unconsolidated VIEs related to securitizations were approximately $54 billion at October 31, 2015. The components of consolidated restricted assets related to secured borrowings in securitization transactions at October 31 were as follows in millions of dollars: 2015 2014 Financing receivables securitized (retail notes) $ $ Allowance for credit losses Other assets Total restricted securitized assets $ $ The components of consolidated secured borrowings and other liabilities related to securitizations at October 31 were as follows in millions of dollars: 2015 2014 Short-term securitization borrowings $ $ Accrued interest on borrowings Total liabilities related to restricted securitized assets $ $ The secured borrowings related to these restricted securitized retail notes are obligations that are payable as the retail notes are liquidated. Repayment of the secured borrowings depends primarily on cash flows generated by the restricted assets. Due to the company’s short-term credit rating, cash collections from these restricted assets are not required to be placed into a segregated collection account until immediately prior to the time payment is required to the secured creditors. At October 31, 2015, the maximum remaining term of all securitized retail notes was approximately six years .

EQUIPMENT ON OPERATING LEASES

EQUIPMENT ON OPERATING LEASES	12 Months Ended
	Oct. 31, 2015
EQUIPMENT ON OPERATING LEASES
EQUIPMENT ON OPERATING LEASES	14. EQUIPMENT ON OPERATING LEASES Operating leases arise primarily from the leasing of John Deere equipment to retail customers. Initial lease terms generally range from four to 60 months. Net equipment on operating leases at October 31 consisted of the following in millions of dollars: 2015 2014 Equipment on operating lease s : Agriculture and turf $ $ Construction and forestry Equipment on operating lease s - net $ $ The equipment is depreciated on a straight-line basis over the terms of the lease. The accumulated depreciation on this equipment was $793 million and $634 million at October 31, 2015 and 2014, respectively. The corresponding depreciation expense was $577 million in 2015, $494 million in 2014 and $389 million in 2013. Future payments to be received on operating leases totaled $1,704 million at October 31, 2015 and are scheduled in millions of dollars as follows: 2016 - $ 712 , 2017 - $ 508 , 2018 - $ 294 , 2019 - $ 156 and 2020 - $ 34 .

INVENTORIES

INVENTORIES	12 Months Ended
	Oct. 31, 2015
INVENTORIES
INVENTORIES	15. INVENTORIES Most inventories owned by Deere & Company and its U.S. equipment subsidiaries are valued at cost, on the “last-in, first-out” (LIFO) basis. Remaining inventories are generally valued at the lower of cost, on the “first-in, first-out” (FIFO) basis, or market. The value of gross inventories on the LIFO basis represented 66 percent and 65 percent of worldwide gross inventories at FIFO value at October 31, 2015 and 2014 , respectively. The pretax favorable income effect s from the liquidation of LIFO inventory during 2015 and 2014 were approximately $22 million and $13 million, respectively. If all inventories had been valued on a FIFO basis, estimated inventories by major classification at October 31 in millions of dollars would have been as follows: 2015 2014 Raw materials and supplies $ $ Work-in-process Finished goods and parts Total FIFO value Less adjustment to LIFO value Inventories $ $

PROPERTY AND DEPRECIATION

PROPERTY AND DEPRECIATION	12 Months Ended
	Oct. 31, 2015
PROPERTY AND DEPRECIATION
PROPERTY AND DEPRECIATION	16. PROPERTY AND DEPRECIATION A summary of property and equipment at October 31 in millions of dollars follows: Useful Lives* (Years) 2015 2014 Equipment Operations Land $ $ Buildings and building equipment 23 Machinery and equipment 11 Dies, patterns, tools, etc. 8 All other 5 Construction in progress Total at cost Less accumulated depreciation Total Financial Services Land Buildings and building equipment 27 All other 6 Total at cost Less accumulated depreciation Total Property and equipment-net $ $ * Weighted-averages Total property and equipment additions in 2015, 2014 and 2013 were $666 million, $1,016 million and $1,158 million and depreciation was $692 million, $696 million and $637 million, respectively. Capitalized interest was $6 million, $6 million and $13 million in the same periods, respectively. The cost of leased property and equipment under capital leases of $27 million and $36 million and accumulated depreciation of $14 million and $15 million at October 31, 2015 and 2014, respectively, is included in property and equipment. Capitalized software has an estimated useful life of three years. The amounts of total capitalized software costs, including purchased and internally developed software, classified as “Other Assets” at October 31, 2015 and 2014 were $934 million and $912 million, less accumulated amortization of $681 million and $656 million, respectively. Capitalized interest on software was $2 million at October 31, 2015. Amortization of these software costs was $103 million in 2015, $106 million in 2014 and $93 million in 2013. The cost of leased software assets under capital leases amounting to $86 million and $77 million at October 31, 2015 and 2014, respectively, is included in other assets. The cost of compliance with foreseeable environmental requirements has been accrued and did not have a material effect on the company’s consolidated financial statements.

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS-NET	12 Months Ended
	Oct. 31, 2015
GOODWILL AND OTHER INTANGIBLE ASSETS-NET
GOODWILL AND OTHER INTANGIBLE ASSETS-NET	17. GOODWILL AND OTHER INTANGIBLE ASSETS-NET The changes in amounts of goodwill by operating segments were as follows in millions of dollars: Agriculture Construction and and Turf Forestry Total Balance at October 31, 2013 $ $ $ Less accumulated impairment losses Net balance Divestiture* Translation adjustments and other Balance at October 31, 2014 Less accumulated impairment losses* Net balance Translation adjustments and other Goodwill at October 31, 2015 $ $ $ * Accumulated impairment losses were also reduced by $60 million related to the sale of the Water operations (see Note 4). The components of other intangible assets are as follows in millions of dollars: Useful Lives* (Years) 2015 2014 Amortized intangible assets: Customer lists and relationships 14 $ $ Technology, patents, trademarks and other 17 Total at cost Less accumulated amortization** Total Unamortized intangible assets: Licenses Other intangible assets-net $ $ * Weighted-averages ** Accumulated amortization at 2015 and 2014 for customer lists and relationships was $10 million and $9 million and technology, patents, trademarks and other was $45 million and $36 million, respectively. Other intangible assets are stated at cost less accumulated amortization. The amortization of other intangible assets in 2015, 2014 and 2013 was $10 million, $11 million and $22 million, respectively. The estimated amortization expense for the next five years is as follows in millions of dollars: 2016 - $12 , 2017 - $12 , 2018 - $8 , 2019 - $5 and 2020 - $5 .

TOTAL SHORT-TERM BORROWINGS

TOTAL SHORT-TERM BORROWINGS	12 Months Ended
	Oct. 31, 2015
TOTAL SHORT-TERM BORROWINGS
TOTAL SHORT-TERM BORROWINGS	18. TOTAL SHORT-TERM BORROWINGS Total short-term borrowings at October 31 consisted of the following in millions of dollars: 2015 2014 Equipment Operations Commercial paper $ $ Notes payable to banks Long-term borrowings due within one year Total Financial Services Commercial paper Notes payable to banks Long-term borrowings due within one year* Total Short-term borrowings Financial Services Short-term securitization borrowings Total short-term borrowings $ $ * Includes unamortized fair value adjustments related to interest rate swaps. The short-term securitization borrowings for financial services are secured by financing receivables (retail notes) on the balance sheet (see Note 13). Although these securitization borrowings are classified as short-term since payment is required if the retail notes are liquidated early, the payment schedule for these borrowings of $4,590 million at October 31, 2015 based on the expected liquidation of the retail notes in millions of dollars is as follows: 2016 - $2,337 , 2017 - $1,413 , 2018 - $661 , 2019 - $157 , 2020 - $21 and 2021 - $1 . The weighted-average interest rates on total short-term borrowings, excluding current maturities of long-term borrowings, at October 31, 2015 and 2014 were .9 percent and 1.0 percent, respectively. Lines of credit available from U.S. and foreign banks were $7,205 million at October 31, 2015. At October 31, 2015, $4,031 million of these worldwide lines of credit were unused. For the purpose of computing the unused credit lines, commercial paper and short-term bank borrowings, excluding secured borrowings and the current portion of long-term borrowings, were primarily considered to constitute utilization. Included in the above lines of credit were long-term credit facility agreements for $2,900 million, expiring in April 2019, and $2,900 million, expiring in April 2020. The agreements are mutually extendable and the annual facility fees are not significant. These credit agreements require Capital Corporation to maintain its consolidated ratio of earnings to fixed charges at not less than 1.05 to 1 for each fiscal quarter and the ratio of senior debt, excluding securitization indebtedness, to capital base (total subordinated debt and stockholder’s equity excluding accumulated other comprehensive income (loss)) at not more than 11 to 1 at the end of any fiscal quarter. The credit agreements also require the equipment operations to maintain a ratio of total debt to total capital (total debt and stockholders’ equity excluding accumulated other comprehensive income (loss)) of 65 percent or less at the end of each fiscal quarter. Under this provision, the company’s excess equity capacity and retained earnings balance free of restriction at October 31, 2015 was $8,835 million. Alternatively under this provision, the equipment operations had the capacity to incur additional debt of $16,408 million at October 31, 2015. All of these requirements of the credit agreements have been met during the periods included in the consolidated financial statements. Deere & Company has an agreement with Capital Corporation pursuant to which it has agreed to continue to own, directly or through one or more wholly-owned subsidiaries, at least 51 percent of the voting shares of capital stock of Capital Corporation and to maintain Capital Corporation’s consolidated tangible net worth at not less than $50 million. This agreement also obligates Deere & Company to make payments to Capital Corporation such that its consolidated ratio of earnings to fixed charges is not less than 1.05 to 1 for each fiscal quarter. Deere & Company’s obligations to make payments to Capital Corporation under the agreement are independent of whether Capital Corporation is in default on its indebtedness, obligations or other liabilities. Further, Deere & Company’s obligations under the agreement are not measured by the amount of Capital Corporation’s indebtedness, obligations or other liabilities. Deere & Company’s obligations to make payments under this agreement are expressly stated not to be a guaranty of any specific indebtedness, obligation or liability of Capital Corporation and are enforceable only by or in the name of Capital Corporation. No payments were required under this agreement during the periods included in the consolidated financial statements.

ACCOUNTS PAYABLE AND ACCRUED EX

ACCOUNTS PAYABLE AND ACCRUED EXPENSES	12 Months Ended
	Oct. 31, 2015
ACCOUNTS PAYABLE AND ACCRUED EXPENSES
ACCOUNTS PAYABLE AND ACCRUED EXPENSES	19. ACCOUNTS PAYABLE AND ACCRUED EXPENSES Accounts payable and accrued expenses at October 31 consisted of the following in millions of dollars: 2015 2014 Equipment Operations Accounts payable: Trade payables $ $ Dividends payable Other Accrued expenses: Dealer sales discounts Employee benefits Product warranties Unearned revenue Other Total Financial Services Accounts payable: Deposits withheld from dealers and merchants Other Accrued expenses: Unearned revenue Accrued interest Employee benefits Insurance claims reserve* Other Total Eliminations** Accounts payable and accrued expenses $ $ * See Note 9 ** Pri marily trade receivable valuation accounts which are reclassified as accrued expenses by the equipment operations as a result of their trade receivables being sold to financial services .

LONG-TERM BORROWINGS

LONG-TERM BORROWINGS	12 Months Ended
	Oct. 31, 2015
LONG-TERM BORROWINGS
LONG-TERM BORROWINGS	20. LONG-TERM BORROWINGS Long-term borrowings at October 31 consisted of the following in millions of dollars: 2015 2014 Equipment Operations Notes and debentures: 4.375% notes due 2019 $ $ 8 -1/2% debentures due 2022 2.60% notes due 2022 6.55% debentures due 2028 5.375% notes due 2029 8.10% debentures due 2030 7.125% notes due 2031 3.90% notes due 2042 Other notes Total Financial Services Notes and debentures: Medium-term notes due 2016 – 2025: (principal $17,610 - 2015, $17,939 - 2014) Average interest rates of 1.4% - 2015, 1.2% - 2014 * * 2.75% senior note due 2022: ($500 principal) Swapped $500 to variable interest rate of 1.1% - 2015, . 9% – 2014 * * Other notes Total Long-term borrowings** $ $ * Includes unamortized fair value adjustments related to interest rate swaps. ** All interest rates are as of year end. The approximate principal amounts of the equipment operations’ long-term borrowings maturing in each of the next five years in millions of dollars are as follows: 2016 - $ 86 , 2017 - $ 48 , 2018 - $ 63 , 2019 - $ 752 and 2020 - $ 2 . The approximate principal amounts of the financial services’ long-term borrowings maturing in each of the next five years in millions of dollars are as follows: 2016 - $ 5,159 , 2017 - $ 5,124 , 2018 - $ 5,124 , 2019 - $ 2,876 and 2020 - $ 2,394 .

LEASES

LEASES	12 Months Ended
	Oct. 31, 2015
LEASES
LEASES	21. LEASES At October 31, 2015, future minimum lease payments under capital leases amounted to $ 60 million as follows: 2016 - $ 37 , 2017 - $ 13 , 2018 - $ 4 , 2019 - $ 3 , 2020 - $ 2 , and later years $1 . Total rental expense for operating leases was $200 million in 2015, $205 million in 2014 and $237 million in 2013. At October 31, 2015, future minimum lease payments under operating leases amounted to $354 million as follows: 2016 - $ 98 , 2017 - $ 72 , 2018 - $ 53 , 2019 - $ 40 , 2020 - $ 31 , and later years $60 .

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Oct. 31, 2015
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES	22. COMMITMENTS AND CONTINGENCIES The company generally determines its warranty liability by applying historical claims rate experience to the estimated amount of equipment that has been sold and is still under warranty based on dealer inventories and retail sales. The historical claims rate is primarily determined by a review of five -year claims costs and current quality developments. The premiums for the company’s extended warranties are primarily recognized in income in proportion to the costs expected to be incurred over the contract period. The unamortized extended warranty premiums ( unearn ed revenue) included in the following table totaled $454 million and $425 million at October 31, 2015 and 2014, respectively. A reconciliation of the changes in the warranty liability and unearned premiums in millions of dollars follows: Warranty Liability/ Unearned Premiums 2015 2014 Beginning of year balance $ $ Payments Amortization of premiums received Accruals for warranties Premiums received Foreign exchange End of year balance $ $ At October 31, 2015, the company had approximately $162 million of guarantees issued primarily to banks outside the U.S. related to third-party receivables for the retail financing of John Deere equipment. The company may recover a portion of any required payments incurred under these agreements from repossession of the equipment collateralizing the receivables. At October 31, 2015, the company had accrued losses of approximately $4 million under these agreements. The maximum remaining term of the receivables guaranteed at October 31, 2015 was approximately four years. At October 31, 2015, the company had commitments of approximately $165 million for the construction and acquisition of property and equipment. At October 31, 2015, the company also had pledged or restricted assets of $99 million, primarily as collateral for borrowings and restricted other assets. In addition, see Note 13 for restricted assets associated with borrowings related to securitizations. The company also had other miscellaneous contingencies totaling approximately $30 million at October 31, 2015, for which it believes the probability for payment is substantially remote. The accrued liability for these contingencies was not material at October 31, 2015. The company is subject to various unresolved legal actions which arise in the normal course of its business, the most prevalent of which relate to product liability (including asbestos related liability), retail credit, employment, software licensing, patent, trademark and environmental matters. The company believes the reasonably possible range of losses for these unresolved legal actions in addition to the amounts accrued would not have a material effect on its financial statements.

CAPITAL STOCK

CAPITAL STOCK	12 Months Ended
	Oct. 31, 2015
CAPITAL STOCK
CAPITAL STOCK	23. CAPITAL STOCK Changes in the common stock account in millions were as follows: Number of Shares Issued Amount Balance at October 31, 2012 536.4 $ Stock options and other Balance at October 31, 2013 536.4 Stock options and other Balance at October 31, 2014 536.4 Stock options and other Balance at October 31, 2015 536.4 $ The number of common shares the company is authorized to issue is 1,200 million. The number of authorized preferred shares, none of which has been issued, is nine million. The Board of Directors at its meeting in December 2013 authorized the repurchase of up to $8,000 million of common stock ( 102.6 million shares based on the October 31, 2015 closing common stock price of $78.00 per share). At October 31, 2015, this repurchase program had $3,461 million (44.4 million shares at the same price) remaining to be repurchased. Repurchases of the company’s common stock under this plan will be made from time to time, at the company’s discretion, in the open market. A reconciliation of basic and diluted net income per share attributable to Deere & Company follows in millions, except per share amounts: 2015 2014 2013 Net income attributable to Deere & Company $ $ $ Less income allocable to participating securities .8 .9 Income allocable to common stock $ $ $ Average shares outstanding Basic per share $ $ $ Average shares outstanding Effect of dilutive stock options Total potential shares outstanding Diluted per share $ $ $ All stock options outstanding were included in the computation during 2015, 2014 and 2013, except 2.4 million in 2014 and 2.4 million in 2013 that had an antidilutive effect under the treasury stock method .

STOCK OPTION AND RESTRICTED STO

STOCK OPTION AND RESTRICTED STOCK AWARDS	12 Months Ended
	Oct. 31, 2015
STOCK OPTION AND RESTRICTED STOCK AWARDS
STOCK OPTION AND RESTRICTED STOCK AWARDS	24. STOCK OPTION AND RESTRICTED STOCK AWARDS The company issues stock options and restricted stock awards to key employees under plans approved by stockholders. Restricted stock is also issued to nonemployee directors for their services as directors under a plan approved by stockholders. Options are awarded with the exercise price equal to the market price and become exercisable in one to three years after grant. Options expire ten years after the date of grant. Restricted stock awards generally vest after three years. The compensation cost for stock options, service based restricted stock units and market/service based restricted stock units, which is based on the fair value at the grant date, is recognized on a straight-line basis over the requisite period the employee is required to render service. The compensation cost for performance/service based units, which is based on the fair value at the grant date, is recognized over the employees’ requisite service period and periodically adjusted for the probable number of shares to be awarded. According to these plans at October 31, 2015, the company is authorized to grant an additional 16.9 million shares related to stock options or restricted stock. The fair value of each option award was estimated on the date of grant using a binomial lattice option valuation model. Expected volatilities are based on implied volatilities from traded call options on the company’s stock. The expected volatilities are constructed from the following three components: the starting implied volatility of short-term call options traded within a few days of the valuation date; the predicted implied volatility of long-term call options; and the trend in implied volatilities over the span of the call options’ time to maturity. The company uses historical data to estimate option exercise behavior and employee termination within the valuation model. The expected term of options granted is derived from the output of the option valuation model and represents the period of time that options granted are expected to be outstanding. The risk-free rates utilized for periods throughout the contractual life of the options are based on U.S. Treasury security yields at the time of grant. The assumptions used for the binomial lattice model to determine the fair value of options follow: 2015 2014 2013 Risk-free interest rate .04% - 2.3% .03% - 2.9% .04% - 1.7% Expected dividends 2.5% 2.3% 2.3% Expected volatility 23.4% - 25.7% 25.9% - 32.0% 26.6% - 32.5% Weighted-average volatility 25.6% 31.9% 32.4% Expected term (in years) 7.2 - 8.2 7.3 - 7.4 7.3 - 7.9 Stock option activity at October 31, 2015 and changes during 2015 in millions of dollars and shares follow: Remaining Contractual Aggregate Exercise Term Intrinsic Shares Price* (Years) Value Outstanding at beginning of year $ Granted Exercised Expired or forfeited (.2) Outstanding at end of year $ Exercisable at end of year * Weighted-averages The weighted-average grant-date fair values of options granted during 2015, 2014 and 2013 were $19.67 , $24.74 and $23.73 , respectively. The total intrinsic values of options exercised during 2015, 2014 and 2013 were $98 million, $125 million and $183 million, respectively. During 2015, 2014 and 2013, cash received from stock option exercises was $172 million, $149 million and $175 million with tax benefits of $36 million, $46 million and $68 million, respectively. The company granted 248 thousand, 236 thousand and 254 thousand restricted stock units to employees and nonemployee directors in 2015 , 2014 and 2013 , of which 122 thousand, 102 thousand and 110 thousand are subject to service based only conditions, 63 thousand, 67 thousand and 72 thousand are subject to performance/service based conditions, 63 thousand, 67 thousand and 72 thousand are subject to market/service based conditions, respectively. The service based only units award one share of common stock for each unit at the end of the vesting period and include dividend equivalent payments. The performance/service based units are subject to a performance metric based on the company’s compound annual revenue growth rate, compared to a benchmark group of companies over the vesting period. The market/service based units are subject to a market related metric based on total shareholder return, compared to the same benchmark group of companies over the vesting period. The performance/service based units and the market/service based units both award common stock in a range of zero to 200 percent for each unit granted based on the level of the metric achieved and do not include dividend equivalent payments over the vesting period. The weighted-average fair values of the service based only units at the grant dates during 2015, 2014 and 2013 were $88.66 , $87.16 and $86.88 per unit, respectively, based on the market price of a share of underlying common stock. The fair value of the performance/service based units at the grant date during 2015, 2014 and 2013 were $81.78 , $81.53 and $80.73 per unit, respectively, based on the market price of a share of underlying common stock excluding dividends. The fair value of the market/service based units at the grant date during 2015, 2014 and 2013 were $113.97 , $116.86 and $106.75 per unit, respectively, based on a lattice valuation model excluding dividends. The company’s nonvested restricted shares at October 31, 2015 and changes during 2015 in millions of shares follow: Grant-Date Shares Fair Value* Service based only Nonvested at beginning of year .3 $ Granted .1 Vested (.1) Nonvested at end of year .3 Performance/service and market/service based Nonvested at beginning of year .4 $ Granted .1 Expired or forfeited (.1) Nonvested at end of year .4 * Weighted-averages During 2015, 2014 and 2013, the total share-based compensation expense was $66 million, $79 million and $81 million, respectively, with recognized income tax benefits of $25 million, $29 million and $30 million, respectively. At October 31, 2015, there was $46 million of total unrecognized compensation cost from share-based compensation arrangements granted under the plans, which is related to nonvested shares. This compensation is expected to be recognized over a weighted-average period of approximately two years. The total grant-date fair values of stock options and restricted shares vested during 2015, 2014 and 2013 were $74 million, $69 million and $68 million, respectively. The company currently uses shares that have been repurchased through its stock repurchase programs to satisfy share option exercises. At October 31, 2015, the company had 220 million shares in treasury stock and 44 million shares remaining to be repurchased under its current publicly announced repurchase program (see Note 23).

OTHER COMPREHENSIVE INCOME ITEM

OTHER COMPREHENSIVE INCOME ITEMS	12 Months Ended
	Oct. 31, 2015
OTHER COMPREHENSIVE INCOME ITEMS
OTHER COMPREHENSIVE INCOME ITEMS	25. OTHER COMPREHENSIVE INCOME ITEMS The after-tax changes in accumulated other comprehensive income at October 31 in millions of dollars follow: Total Unrealized Unrealized Accumulated Retirement Cumulative Gain (Loss) Gain (Loss) Other Benefits Translation on on Comprehensive Adjustment Adjustment Derivatives Investments Income (Loss) 2012 $ $ $ $ $ Period Change 2013 Period Change 2014 Period Change 2015 $ $ $ $ $ Following are amounts recorded in and reclassifications out of other comprehensive income (loss), and the income tax effects, in millions of dollars: Before Tax After Tax (Expense) Tax Amount Credit Amount 2015 Cumulative translation adjustment $ $ $ Unrealized gain (loss) on derivatives: Unrealized hedging (loss) Reclassification of realized (gain) loss to: Interest rate contracts – Interest expense Foreign exchange contracts – Other operating expenses Net unrealized (loss) on derivatives Unrealized gain (loss) on investments: Unrealized holding gain Reclassification of realized (gain) loss - Other income Net unrealized (loss) on investments Retirement benefits adjustment: Pensions Net actuarial (loss) and prior service (cost) Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:* Actuarial loss Prior service cost Settlements/curtailments Health care and life insurance Net actuarial gain and prior service credit Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:* Actuarial loss Prior service (credit) Settlements/curtailments Net unrealized (loss) on retirement benefits adjustment Total other comprehensive income (loss) $ $ $ * These accumulated other comprehensive income amounts are included in net periodic postretirement costs. See Note 7 for additional detail. Before Tax After Tax (Expense) Tax Amount Credit Amount 2014 Cumulative translation adjustment: Unrealized (loss) on translation adjustment $ $ $ Reclassification of loss to Other operating expenses* Net unrealized (loss) on translation adjustment Unrealized gain (loss) on derivatives: Unrealized hedging (loss) Reclassification of realized (gain) loss to: Interest rate contracts – Interest expense Foreign exchange contracts – Other operating expenses Net unrealized gain on derivatives Unrealized gain (loss) on investments: Unrealized holding gain Net unrealized gain on investments Retirement benefits adjustment: Pensions Net actuarial (loss) Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:** Actuarial loss Prior service cost Settlements/curtailments Health care and life insurance Net actuarial (loss) and prior service credit Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:** Actuarial loss Prior service (credit) Settlements/curtailments Net unrealized (loss) on retirement benefits adjustment Total other comprehensive income (loss) $ $ $ * Represents the accumulated translation adjustments related to the foreign subsidiaries of the Water operations that were sold (see Note 4). ** These accumulated other comprehensive income amounts are included in net periodic postretirement costs. See Note 7 for additional detail. Before Tax After Tax (Expense) Tax Amount Credit Amount 2013 Cumulative translation adjustment $ $ $ Unrealized gain (loss) on derivatives: Unrealized hedging gain Reclassification of realized (gain) loss to: Interest rate contracts – Interest expense Foreign exchange contracts – Other operating expenses Net unrealized gain on derivatives Unrealized gain (loss) on investments: Unrealized holding (loss) Net unrealized (loss) on investments Retirement benefits adjustment: Pensions Net actuarial gain and prior service credit Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:* Actuarial loss Prior service cost Settlements/curtailments Health care and life insurance Net actuarial gain and prior service credit Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:* Actuarial loss Prior service (credit) Net unrealized gain on retirement benefits adjustment Total other comprehensive income (loss) $ $ $ * These accumulated other comprehensive income amounts are included in net periodic postretirement costs. See Note 7 for additional detail. The noncontrolling interests’ comprehensive income was $.5 million in 2015, $1.3 million in 2014 and $.4 million in 2013, which consisted of net income of $.9 million in 2015, $1.6 million in 2014 and $.3 million in 2013 and cumulative translation adjustments of $(.4) million in 2015, $(.3) million in 2014 and $.1 million in 2013.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Oct. 31, 2015
FAIR VALUE MEASUREMENTS
FAIR VALUE MEASUREMENTS	26. FAIR VALUE MEASUREMENTS The fair values of financial instruments that do not approximate the carrying values at October 31 in millions of dollars follow: 2015 2014 Carrying Fair Carrying Fair Value Value* Value Value* Financing receivables – net $ $ $ $ Financing receivables securitized – net $ $ $ $ Short-term securitization borrowings $ $ $ $ Long-term borrowings due within one year: Equipment operations $ $ $ $ Financial services Total $ $ $ $ Long-term borrowings: Equipment operations $ $ $ $ Financial services Total $ $ $ $ * Fair value measurements above were Level 3 for all financing receivables and Level 2 for all borrowings. Fair values of the financing receivables that were issued long-term were based on the discounted values of their related cash flows at interest rates currently being offered by the company for similar financing receivables. The fair values of the remaining financing receivables approximated the carrying amounts. Fair values of long-term borrowings and short-term securitization borrowings were based on current market quotes for identical or similar borrowings and credit risk, or on the discounted values of their related cash flows at current market interest rates. Certain long-term borrowings have been swapped to current variable interest rates. The carrying values of these long-term borrowings included adjustments related to fair value hedges. Assets and liabilities measured at October 31 at fair value on a recurring basis in millions of dollars follow: 2015* 2014* Marketable securities Equity fund $ $ Fixed income fund U.S. government debt securities Municipal debt securities Corporate debt securities International debt securities Mortgage-backed securities** Total marketable securities Other assets Derivatives: Interest rate contracts Foreign exchange contracts Cross-currency interest rate contracts Total assets*** $ $ Accounts payable and accrued expenses Derivatives: Interest rate contracts $ $ Foreign exchange contracts Total liabilities $ $ * All measurements above were Level 2 measurements except for Level 1 measurements of U.S. government debt securities of $37 million and $741 million at October 31, 2015 and 2014, respectively, and the equity fund of $43 million and $45 million at October 31, 2015 and 2014, respectively, and the fixed income fund of $10 million at October 31, 2014. In addition, $29 million of the international debt securities were Level 3 measurements at October 31, 2015. There were no transfers between Level 1 and Level 2 during 2015 and 2014 . ** Primarily issued by U.S. government sponsored enterprises. *** Excluded from this table were cash equivalents, which were carried at cost that approximates fair value. The cash equivalents consist primarily of money market funds that were Level 1 measurements. Fair value, recurring, Level 3 measurements from available for sale marketable securities at October 31 in millions of dollars follow: 2015 Beginning of period balance Purchases $ Change in unrealized gain (loss) End of period balance $ Fair value, nonrecurring, Level 3 measurements from impairments at October 31 in millions of dollars follow: Fair Value* Losses* 2015 2014 2015 2014 2013 Equipment on operating leases – net $ $ Property and equipment – net $ $ $ $ $ Other intangible assets – net $ Other assets $ $ $ $ Assets held for sale – Water operations $ * See financing receivables with specific allowances in Note 12 that were not significant. See Note 5 for impairments. Level 1 measurements consist of quoted prices in active markets for identical assets or liabilities. Level 2 measurements include significant other observable inputs such as quoted prices for similar assets or liabilities in active markets; identical assets or liabilities in inactive markets; observable inputs such as interest rates and yield curves; and other market-corroborated inputs. Level 3 measurements include significant unobservable inputs. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In determining fair value, the company uses various methods including market and income approaches. The company utilizes valuation models and techniques that maximize the use of observable inputs. The models are industry-standard models that consider various assumptions including time values and yield curves as well as other economic measures. These valuation techniques are consistently applied. The following is a description of the valuation methodologies the company uses to measure certain financial instruments on the balance sheet and nonmonetary assets at fair value: Marketable Securities – The portfolio of investments, except for the Level 3 measurement international debt securities, is primarily valued on a market approach (matrix pricing model) in which all significant inputs are observable or can be derived from or corroborated by observable market data such as interest rates, yield curves, volatilities, credit risk and prepayment speeds. Funds are primarily valued using the fund’s net asset value, based on the fair value of the underlying securities. The Level 3 measurement international debt securities are primarily valued using an income approach based on discounted cash flows using yield curves derived from limited, observable market data. Derivatives – The company’s derivative financial instruments consist of interest rate swaps and caps, foreign currency futures, forwards and swaps, and cross-currency interest rate swaps. The portfolio is valued based on an income approach (discounted cash flow) using market observable inputs, including swap curves and both forward and spot exchange rates for currencies. Financing Receivables – Specific reserve impairments are based on the fair value of the collateral, which is measured using a market approach (appraisal values or realizable values). Inputs include a selection of realizable values (see Note 12). Equipment on Operating Leases-Net – The impairments are based on an income approach (discounted cash flow), using the contractual payments, plus an estimate of equipment sale price at lease maturity. Inputs include realized sales values. Property and Equipment-Net – The impairments are measured at the lower of the carrying amount, or fair value. The valuations were based on a cost approach. The inputs include replacement cost estimates adjusted for physical deterioration and economic obsolescence. Other Intangible Assets-Net – The impairments are measured at the lower of the carrying amount, or fair value. The valuations were based on an income approach (discounted cash flows). The inputs include estimates of future cash flows. Other Assets – The impairments are measured at the lower of the carrying amount, or fair value. The valuations were based on a market approach. The inputs include sales of comparable assets. Assets Held For Sale-Water Operations – The impairment of the disposal group was measured at the lower of carrying amount, or fair value less cost to sell. Fair value was based on the probable sale price. The inputs included estimates of the final sale price (see Note 5).

DERIVATIVE INSTRUMENTS

DERIVATIVE INSTRUMENTS	12 Months Ended
	Oct. 31, 2015
DERIVATIVE INSTRUMENTS
DERIVATIVE INSTRUMENTS	27. DERIVATIVE INSTRUMENTS Cash Flow Hedges Certain interest rate and cross-currency interest rate contracts (swaps) were designated as hedges of future cash flows from borrowings. The total notional amounts of the receive-variable/ pay-fixed interest rate contracts at October 31, 2015 and 2014 were $2,800 million and $3,050 million, respectively. The total notional amounts of the cross-currency interest rate contracts were $60 million and $70 million at October 31, 2015 and 2014, respectively. The effective portions of the fair value gains or losses on these cash flow hedges were recorded in other comprehensive income (OCI) and subsequently reclassified into interest expense or other operating expenses (foreign exchange) in the same periods during which the hedged transactions affected earnings. These amounts offset the effects of interest rate or foreign currency exchange rate changes on the related borrowings. Any ineffective portions of the gains or losses on all cash flow interest rate contracts designated as cash flow hedges were recognized currently in interest expense or other operating expenses (foreign exchange) and were not material during any years presented. The cash flows from these contracts were recorded in operating activities in the statement of consolidated cash flows. The amount of loss recorded in OCI at October 31, 2015 that is expected to be reclassified to interest expense or other operating expenses in the next twelve months if interest rates or exchange rates remain unchanged is approximately $4 million after-tax. These contracts mature in up to 35 months. There were no gains or losses reclassified from OCI to earnings based on the probability that the original forecasted transaction would not occur. Fair Value Hedges Certain interest rate contracts (swaps) were designated as fair value hedges of borrowings. The total notional amounts of the receive-fixed/pay-variable interest rate contracts at October 31, 2015 and 2014 were $8,618 million and $8,798 million, respectively. The effective portions of the fair value gains or losses on these contracts were offset by fair value gains or losses on the hedged items (fixed-rate borrowings). Any ineffective portions of the gains or losses were recognized currently in interest expense. The ineffective portions were a gain of $2 million and loss of $2 million in 2015 and 2014, respectively. The cash flows from these contracts were recorded in operating activities in the statement of consolidated cash flows. The gains (losses) on these contracts and the underlying borrowings recorded in interest expense follow in millions of dollars: 2015 2014 Interest rate contracts* $ $ Borrowings** * Includes changes in fair values of interest rate contracts excluding net accrued interest income of $173 million and $168 million during 2015 and 2014, respectively. ** Includes adjustments for fair values of hedged borrowings excluding accrued interest expense of $274 million and $267 million during 2015 and 2014, respectively. Derivatives Not Designated as Hedging Instruments The company has certain interest rate contracts (swaps and caps), foreign exchange contracts (futures, forwards and swaps) and cross-currency interest rate contracts (swaps), which were not formally designated as hedges. These derivatives were held as economic hedges for underlying interest rate or foreign currency exposures primarily for certain borrowings and purchases or sales of inventory. The total notional amounts of the interest rate swaps at October 31, 2015 and 2014 were $6,333 million and $6,317 million, the foreign exchange contracts were $3,160 million and $3,524 million and the cross-currency interest rate contracts were $76 million and $98 million, respectively. At October 31, 2015 and 2014 , there were also $1,069 million and $1,703 million, respectively, of interest rate caps purchased and the same amounts sold at the same capped interest rate to facilitate borrowings through securitization of retail notes. The fair value gains or losses from the interest rate contracts were recognized currently in interest expense and the gains or losses from foreign exchange contracts in cost of sales or other operating expenses, generally offsetting over time the expenses on the exposures being hedged. The cash flows from these non-designated contracts were recorded in operating activities in the statement of consolidated cash flows. Fair values of derivative instruments in the consolidated balance sheet at October 31 in millions of dollars follow: 2015 2014 Other Assets Designated as hedging instruments: Interest rate contracts $ $ Cross-currency interest rate contracts Total designated Not designated as hedging instruments: Interest rate contracts Foreign exchange contracts Cross-currency interest rate contracts Total not designated Total derivative assets $ $ Accounts Payable and Accrued Expenses Designated as hedging instruments: Interest rate contracts $ $ Total designated Not designated as hedging instruments: Interest rate contracts Foreign exchange contracts Total not designated Total derivative liabilities $ $ The classification and gains (losses) including accrued interest expense related to derivative instruments on the statement of consolidated income consisted of the following in millions of dollars: 2015 2014 2013 Fair Value Hedges Interest rate contracts – Interest expense $ $ $ Cash Flow Hedges Recognized in OCI (Effective Portion): Interest rate contracts – OCI (pretax)* Foreign exchange contracts – OCI (pretax)* Reclassified from OCI (Effective Portion): Interest rate contracts – Interest expense* Foreign excha nge contracts – Other expense* Recognized Directly in Income (Ineffective Portion) ** ** ** Not Designated as Hedges Interest rate contracts – Interest expense* $ $ $ Foreign exchange contracts – Cost of sales Foreign exchange contracts – Other expense* Total not designated $ $ $ * Includes interest and foreign exchange gains (losses) from cross-currency interest rate contracts. ** The amounts are not significant. Counterparty Risk and Collateral Certain of the company’s derivative agreements contain credit support provisions that may require the company to post collateral based on the size of the net liability positions and credit ratings. The aggregate fair value of all derivatives with credit-risk-related contingent features that were in a net liability position at October 31, 2015 and October 31, 2014, was $41 million and $57 million, respectively. The company, due to its credit rating and amounts of net liability position, has not posted any collateral. If the credit-risk-related contingent features were triggered, the company would be required to post collateral up to an amount equal to this liability position, prior to considering applicable netting provisions. Derivative instruments are subject to significant concentrations of credit risk to the banking sector. The company manages individual counterparty exposure by setting limits that consider the credit rating of the counterparty, the credit default swap spread of the counterparty and other financial commitments and exposures between the company and the counterparty banks. All interest rate derivatives are transacted under International Swaps and Derivatives Association (ISDA) documentation. Some of these agreements include credit support provisions. Each master agreement permits the net settlement of amounts owed in the event of default or termination. Derivatives are recorded without offsetting for netting arrangements or collateral. The impact on the derivative assets and liabilities related to netting arrangements and any collateral received or paid at October 31 in millions of dollars follows: Gross Amounts Netting Collateral Net Recognized Arrangements Received Amount 2015 Assets $ $ $ Liabilities 2014 Assets $ $ $ $ Liabilities

SEGMENT AND GEOGRAPHIC AREA DAT

SEGMENT AND GEOGRAPHIC AREA DATA FOR THE YEARS ENDED OCTOBER 31, 2015, 2014 AND 2013	12 Months Ended
	Oct. 31, 2015
SEGMENT AND GEOGRAPHIC AREA DATA FOR THE YEARS ENDED OCTOBER 31, 2015, 2014 AND 2013
SEGMENT AND GEOGRAPHIC AREA DATA FOR THE YEARS ENDED OCTOBER 31, 2015, 2014 AND 2013	28. SEGMENT AND GEOGRAPHIC AREA DATA FOR THE YEARS ENDED OCTOBER 31, 2015, 2014 AND 2013 The company’s operations are presently organized and reported in three major business segments described as follows: The agriculture and turf segment primarily manufactures and distributes a full line of agriculture and turf equipment and related service parts – including large, medium and utility tractors; loaders; combines, corn pickers, cotton and sugarcane harvesters and related front-end equipment and sugarcane loaders; tillage, seeding and application equipment, including sprayers, nutrient management and soil preparation machinery; hay and forage equipment, including self-propelled forage harvesters and attachments, balers and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, along with a broad line of associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products. The construction and forestry segment primarily manufactures and distributes a broad range of machines and service parts used in construction, earthmoving, material handling and timber harvesting – including backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders; and log skidders, feller bunchers, log loaders, log forwarders, log harvesters and related attachments. The products and services produced by the segments above are marketed primarily through independent retail dealer networks and major retail outlets. The financial services segment primarily finances sales and leases by John Deere dealers of new and used agriculture and turf equipment and construction and forestry equipment. In addition, the financial services segment provides wholesale financing to dealers of the foregoing equipment, finances retail revolving charge accounts and offers extended equipment warranties. Because of integrated manufacturing operations and common administrative and marketing support, a substantial number of allocations must be made to determine operating segment and geographic area data. Intersegment sales and revenues represent sales of components and finance charges, which are generally based on market prices. Information relating to operations by operating segment in millions of dollars follows. In addition to the following unaffiliated sales and revenues by segment, intersegment sales and revenues in 2015, 2014 and 2013 were as follows: agriculture and turf net sales of $49 million, $89 million and $69 million, construction and forestry net sales of $1 million, $1 million and $2 million, and financial services revenues of $225 million, $228 million and $220 million, respectively. OPERATING SEGMENTS 2015 2014 2013 Net sales and revenues Unaffiliated customers: Agriculture and turf net sales $ $ $ Construction and forestry net sales Total net sales Financial services revenues Other revenues* Total $ $ $ * Other revenues are primarily the equipment operations’ revenues for finance and interest income, and other income as disclosed in Note 31, net of certain intercompany eliminations. Operating profit Agriculture and turf $ $ $ Construction and forestry Financial services* Total operating profit Interest income Investment income Interest expense Foreign exchange gains (losses) from equipment operations’ financing activities Corporate expenses — net Income taxes Total Net income Less: Net income attributable to noncontrolling interests Net income attributable to Deere & Company $ $ $ * Operating profit of the financial services business segment includes the effect of its interest expense and foreign exchange gains or losses. Interest income* Agriculture and turf $ $ $ Construction and forestry Financial services Corporate Intercompany Total $ $ $ * Does not include finance rental income for equipment on operating leases. Interest expense Agriculture and turf $ $ $ Construction and forestry Financial services Corporate Intercompany Total $ $ $ Depreciation* and amortization expense Agriculture and turf $ $ $ Construction and forestry Financial services Total $ $ $ * Includes depreciation for equipment on operating leases. Equity in income (loss) of unconsolidated affiliates Agriculture and turf $ $ $ Construction and forestry Financial services Total $ $ Identifiable operating assets Agriculture and turf $ $ $ Construction and forestry Financial services Corporate* Total $ $ $ * Corporate assets are primarily the equipment operations’ retirement benefits, deferred income tax assets, marketable securities and cash and cash equivalents as disclosed in Note 31, net of certain intercompany eliminations. Capital additions Agriculture and turf $ $ $ Construction and forestry Financial services Total $ $ $ Investments in unconsolidated affiliates Agriculture and turf $ $ $ Construction and forestry Financial services Total $ $ $ The company views and has historically disclosed its operations as consisting of two geographic areas, the U.S. and Canada, and outside the U.S. and Canada, shown below in millions of dollars. No individual foreign country’s net sales and revenues were material for disclosure purposes. GEOGRAPHIC AREAS 2015 2014 2013 Net sales and revenues Unaffiliated customers: U.S. and Canada: Equipment operations net sales (87%)* $ $ $ Financial services revenues (78%)* Total Outside U.S. and Canada: Equipment operations net sales Financial services revenues Total Other revenues Total $ $ $ * The percentages indicate the approximate proportion of each amount that relates to the U.S. only and are based upon a three -year average for 2015 , 2014 and 2013. Operating profit U.S. and Canada: Equipment operations $ $ $ Financial services Total Outside U.S. and Canada: Equipment operations Financial services Total Total $ $ $ Property and equipment U.S. $ $ $ Germany Other countries Total $ $ $

SUPPLEMENTAL INFORMATION (UNAUD

SUPPLEMENTAL INFORMATION (UNAUDITED)	12 Months Ended
	Oct. 31, 2015
SUPPLEMENTAL INFORMATION (UNAUDITED)
SUPPLEMENTAL INFORMATION (UNAUDITED)	29. SUPPLEMENTAL INFORMATION (UNAUDITED) Common stock per share sales prices from New York Stock Exchange composite transactions quotations follow: First Second Third Fourth Quarter Quarter Quarter Quarter 2015 Market price High $ $ $ $ Low $ $ $ $ 2014 Market price High $ $ $ $ Low $ $ $ $ At October 31, 2015, there were 23,415 holders of record of the company’s $1 par value common stock. Quarterly information with respect to net sales and revenues and earnings is shown in the following schedule. The company’s fiscal year ends in October and its interim periods (quarters) end in January, April and July. Such information is shown in millions of dollars except for per share amounts. First Second Third Fourth Quarter Quarter Quarter Quarter 2015 Net sales and revenues $ $ $ $ Net sales Gross profit Income before income taxes Net income attributable to Deere & Company Per share data: Basic Diluted Dividends declared .60 .60 .60 .60 Dividends paid .60 .60 .60 .60 2014* Net sales and revenues $ $ $ $ Net sales Gross profit Income before income taxes Net income attributable to Deere & Company Per share data: Basic Diluted Dividends declared .51 .51 .60 .60 Dividends paid .51 .51 .51 .60 Net income per share for each quarter must be computed independently. As a result, their sum may not equal the total net income per share for the year. * See Note 5 for “Special Items .”

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Oct. 31, 2015
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	30. SUBSEQUENT EVENTS A quarterly dividend of $. 6 0 per share was declared at the Board of Directors meeting on December 2, 2015, payable on February 1, 2016 to stockholders of record on December 31, 2015 .

SUPPLEMENTAL CONSOLIDATING DATA

SUPPLEMENTAL CONSOLIDATING DATA	12 Months Ended
	Oct. 31, 2015
SUPPLEMENTAL CONSOLIDATING DATA
SUPPLEMENTAL CONSOLIDATING DATA	d 31. SUPPLEMENTAL CONSOLIDATING DATA INCOME STATEMENT For the Years Ended October 31, 2015, 2014 and 2013 (In millions of dollars) EQUIPMENT OPERATIONS* FINANCIAL SERVICES 2015 2014 2013 2015 2014 2013 Net Sales and Revenues Net sales $ $ $ Finance and interest income $ $ $ Other income Total Costs and Expenses Cost of sales Research and development expenses Selling, administrative and general expenses Interest expense Interest compensation to Financial Services Other operating expenses Total Income of Consolidated Group before Income Taxes Provision for income taxes Income of Consolidated Group Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates Financial Services Other (.3) Total Net Income Less: Net income attributable to noncontrolling interests .9 .3 Net Income Attributable to Deere & Company $ $ $ $ $ $ * Deere & Company with Financial Services on the equity basis. The supplemental consolidating data is presented for informational purposes. The “Equipment Operations” reflect the basis of consolidation described in Note 1 to the consolidated financial statements. The consolidated group data in the “Equipment Operations” income statement reflect the results of the agriculture and turf operations and construction and forestry operations. Transactions between the “Equipment Operations” and “Financial Services” have been eliminated to arrive at the consolidated financial statements. 31. SUPPLEMENTAL CONSOLIDATING DATA (continued) BALANCE SHEET As of October 31, 2015 and 2014 (In millions of dollars except per share amounts) EQUIPMENT OPERATIONS* FINANCIAL SERVICES 2015 2014 2015 2014 ASSETS Cash and cash equivalents $ $ $ $ Marketable securities Receivables from unconsolidated subsidiaries and affiliates Trade accounts and notes receivable - net Financing receivables - net .9 Financing receivables securitized - net Other receivables Equipment on operating leases - net Inventories Property and equipment - net Investments in unconsolidated subsidiaries and affiliates Goodwill Other intangible assets - net Retirement benefits Deferred income taxes Other assets Total Assets $ $ $ $ LIABILITIES AND STOCKHOLDERS’ EQUITY LIABILITIES Short-term borrowings $ $ $ $ Short-term securitization borrowings Payables to unconsolidated subsidiaries and affiliates Accounts payable and accrued expenses Deferred income taxes Long-term borrowings Retirement benefits and other liabilities Total liabilities Commitments and contingencies (Note 22) STOCKHOLDERS’ EQUITY Common stock, $1 par value (authorized - 1,200,000,000 shares; issued - 536,431,204 shares in 2015 and 2014), at paid-in amount Common stock in treasury, 219,743,893 shares in 2015 and 190,926,805 shares in 2014, at cost Retained earnings Accumulated other comprehensive income (loss) Total Deere & Company stockholders’ equity Noncontrolling interests Total stockholders’ equity Total Liabilities and Stockholders’ Equity $ $ $ $ * Deere & Company with Financial Services on the equity basis. The supplemental consolidating data is presented for informational purposes. The “Equipment Operations” reflect the basis of consolidation described in Note 1 to the consolidated financial statements. Transactions between the “Equipment Operations” and “Financial Services” have been eliminated to arrive at the consolidated financial statements. 31. SUPPLEMENTAL CONSOLIDATING DATA (continued) STATEMENT OF CASH FLOWS For the Years Ended October 31, 2015, 2014 and 2013 (In millions of dollars) EQUIPMENT OPERATIONS* FINANCIAL SERVICES 2015 2014 2013 2015 2014 2013 Cash Flows from Operating Activities Net income $ $ $ $ $ $ Adjustments to reconcile net income to net cash provided by operating activities: Provision for credit losses Provision for depreciation and amortization Impairment charges Undistributed earnings of unconsolidated subsidiaries and affiliates (.9) Provision (credit) for deferred income taxes Changes in assets and liabilities: Trade receivables Insurance receivables Inventories Accounts payable and accrued expenses Accrued income taxes payable/receivable Retirement benefits Other Net cash provided by operating activities Cash Flows from Investing Activities Collections of receivables (excluding trade and wholesale) Proceeds from maturities and sales of marketable securities Proceeds from sales of equipment on operating leases Proceeds from sales of businesses, net of cash sold Cost of receivables acquired (excluding trade and wholesale) Purchases of marketable securities Purchases of property and equipment Cost of equipment on operating leases acquired Increase in investment in Financial Services Acquisitions of businesses, net of cash acquired Decrease (increase) in trade and wholesale receivables Other Net cash used for investing activities Cash Flows from Financing Activities Increase (decrease) in total short-term borrowings Change in intercompany receivables/payables Proceeds from long-term borrowings Payments of long-term borrowings Proceeds from issuance of common stock Repurchases of common stock Capital investment from Equipment Operations Dividends paid Excess tax benefits from share-based compensation Other Net cash provided by (used for) financing activities Effect of Exchange Rate Changes on Cash and Cash Equivalents Net Increase (Decrease) in Cash and Cash Equivalents Cash and Cash Equivalents at Beginning of Year Cash and Cash Equivalents at End of Year $ $ $ $ $ $ * Deere & Company with Financial Services on the equity basis. The supplemental consolidating data is presented for informational purposes. The “Equipment Operations” reflect the basis of consolidation described in Note 1 to the consolidated financial statements. Transactions between the “Equipment Operations” and “Financial Services” have been eliminated to arrive at the consolidated financial statements .

SUMMARY OF SIGNIFICANT ACCOUN39

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Oct. 31, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Use of Estimates in Financial Statements	The preparation of financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect the reported amounts and related disclosures. Actual results could differ from those estimates.
Revenue Recognition	Sales of equipment and service parts are recorded when the sales price is determinable and the risks and rewards of ownership are transferred to independent parties based on the sales agreements in effect. In the U.S. and most international locations, this transfer occurs primarily when goods are shipped. In Canada and some other international locations, certain goods are shipped to dealers on a consignment basis under which the risks and rewards of ownership are not transferred to the dealer. Accordingly, in these locations, sales are not recorded until a retail customer has purchased the goods. In all cases, when a sale is recorded by the company, no significant uncertainty exists surrounding the purchaser’s obligation to pay. No right of return exists on sales of equipment. Service parts and certain attachments returns are estimable and accrued at the time a sale is recognized. The company makes appropriate provisions based on experience for costs such as doubtful receivables, sales incentives and product warranty. Financing revenue is recorded over the lives of related receivables using the interest method. Insurance premiums recorded in other income are generally recognized in proportion to the costs expected to be incurred over the contract period. Deferred costs on the origination of financing receivables are recognized as a reduction in finance revenue over the expected lives of the receivables using the interest method. Income and deferred costs on the origination of operating leases are recognized on a straight-line basis over the scheduled lease terms in finance revenue.
Sales Incentives	At the time a sale is recognized, the company records an estimate of the future sales incentive costs for allowances and financing programs that will be due when a dealer sells the equipment to a retail customer. The estimate is based on historical data, announced incentive programs, field inventory levels and retail sales volumes.
Product Warranties	At the time a sale is recognized, the company records the estimated future warranty costs. These costs are usually estimated based on historical warranty claims (see Note 22).
Sales Taxes	The company collects and remits taxes assessed by different governmental authorities that are both imposed on and concurrent with revenue producing transactions between the company and its customers. These taxes may include sales, use, value-added and some excise taxes. The company reports the collection of these taxes on a net basis (excluded from revenues).
Shipping and Handling Costs	Shipping and handling costs related to the sales of the company’s equipment are included in cost of sales.
Advertising Costs	Advertising costs are charged to expense as incurred. This expense was $157 million in 2015, $174 million in 2014 and $183 million in 2013.
Depreciation and Amortization	Property and equipment, capitalized software and other intangible assets are stated at cost less accumulated depreciation or amortization. These assets are depreciated over their estimated useful lives generally using the straight-line method. Equipment on operating leases is depreciated over the terms of the leases using the straight-line method. Property and equipment expenditures for new and revised products, increased capacity and the replacement or major renewal of significant items are capitalized. Expenditures for maintenance, repairs and minor renewals are generally charged to expense as incurred.
Securitization of Receivables	Certain financing receivables are periodically transferred to special purpose entities (SPEs) in securitization transactions (see Note 13). These securitizations qualify as collateral for secured borrowings and no gains or losses are recognized at the time of securitization. The receivables remain on the balance sheet and are classified as “Financing receivables securitized - net.” The company recognizes finance income over the lives of these receivables using the interest method.
Receivables and Allowances	All financing and trade receivables are reported on the balance sheet at outstanding principal adjusted for any charge-offs, the allowance for credit losses, and any deferred fees or costs on originated financing receivables. Allowances for credit losses are maintained in amounts considered to be appropriate in relation to the receivables outstanding based on collection experience, economic conditions and credit risk quality. Receivables are written-off to the allowance when the account is considered uncollectible.
Impairment of Long-Lived Assets, Goodwill and Other Intangible Assets	The company evaluates the carrying value of long-lived assets (including property and equipment, goodwill and other intangible assets) when events or circumstances warrant such a review. Goodwill and intangible assets with indefinite lives are tested for impairment annually at the end of the third fiscal quarter each year, and more often if events or circumstances indicate a reduction in the fair value below the carrying value. Goodwill is allocated and reviewed for impairment by reporting units, which consist primarily of the operating segments and certain other reporting units. The goodwill is allocated to the reporting unit in which the business that created the goodwill resides. To test for goodwill impairment, the carrying value of each reporting unit is compared with its fair value. If the carrying value of the goodwill or long-lived asset is considered impaired, a loss is recognized based on the amount by which the carrying value exceeds the fair value of the asset (see Note 5).
Derivative Financial Instruments	It is the company’s policy that derivative transactions are executed only to manage exposures arising in the normal course of business and not for the purpose of creating speculative positions or trading. The company’s financial services manage the relationship of the types and amounts of their funding sources to their receivable and lease portfolio in an effort to diminish risk due to interest rate and foreign currency fluctuations, while responding to favorable financing opportunities. The company also has foreign currency exposures at some of its foreign and domestic operations related to buying, selling and financing in currencies other than the functional currencies. All derivatives are recorded at fair value on the balance sheet. Cash collateral received or paid is not offset against the derivative fair values on the balance sheet. Each derivative is designated as either a cash flow hedge, a fair value hedge, or remains undesignated. Changes in the fair value of derivatives that are designated and effective as cash flow hedges are recorded in other comprehensive income and reclassified to the income statement when the effects of the item being hedged are recognized in the income statement. Changes in the fair value of derivatives that are designated and effective as fair value hedges are recognized currently in net income. These changes are offset in net income to the extent the hedge was effective by fair value changes related to the risk being hedged on the hedged item. Changes in the fair value of undesignated hedges are recognized currently in the income statement. All ineffective changes in derivative fair values are recognized currently in net income. All designated hedges are formally documented as to the relationship with the hedged item as well as the risk-management strategy. Both at inception and on an ongoing basis the hedging instrument is assessed as to its effectiveness. If and when a derivative is determined not to be highly effective as a hedge, the underlying hedged transaction is no longer likely to occur, the hedge designation is removed, or the derivative is terminated, the hedge accounting discussed above is discontinued (see Note 27).
Foreign Currency Translation	The functional currencies for most of the company’s foreign operations are their respective local currencies. The assets and liabilities of these operations are translated into U.S. dollars at the end of the period exchange rates. The revenues and expenses are translated at weighted-average rates for the period. The gains or losses from these translations are recorded in other comprehensive income. Gains or losses from transactions denominated in a currency other than the functional currency of the subsidiary involved and foreign exchange forward contracts are included in net income. The pretax net gain (loss) for foreign exchange in 2015, 2014 and 2013 was $22 million, $(47) million and $(26) million, respectively.
Consolidation, Policy	The consolidated financial statements represent primarily the consolidation of all companies in which Deere & Company has a controlling interest. Certain variable interest entities (VIEs) are consolidated since the company has both the power to direct the activities that most significantly impact the VIEs’ economic performance and the obligation to absorb losses or the right to receive benefits that could potentially be significant to the VIEs. Deere & Company records its investment in each unconsolidated affiliated company (generally 20 to 50 percent ownership) at its related equity in the net assets of such affiliate (see Note 10). Other investments (less than 20 percent ownership) are recorded at cost.
Fiscal Period, Policy	The company has historically and continues to use a 52/53 week fiscal year ending on the last Sunday in the reporting period. The fiscal year ends for 2015, 2014 and 2013 were November 1, 2015, November 2, 2014 and October 27, 2013, respectively. Fiscal year 2014 contained 53 weeks. For ease of presentation, the consolidated financial statements and notes continue to be dated October 31.
Cash and Cash Equivalents, Policy	For purposes of the statement of consolidated cash flows, the company considers investments with purchased maturities of three months or less to be cash equivalents. Substantially all of the company’s short-term borrowings, excluding the current maturities of long-term borrowings, mature or may require payment within three months or less.
Pension and Other Postretirement Plans	Actuarial gains and losses are recorded in accumulated other comprehensive income (loss). To the extent unamortized gains and losses exceed 10% of the higher of the market-related value of assets or the benefit obligation, the excess is amortized as a component of net periodic cost over the remaining service period of the active participants. For plans in which all or almost all of the plan’s participants are inactive, the amortization period is the remaining life expectancy of the inactive participants. The discount rate assumptions used to determine the postretirement obligations at October 31, 2015 and 2014 were based on hypothetical AA yield curves represented by a series of annualized individual discount rates. These discount rates represent the rates at which the company’s benefit obligations could effectively be settled at the October 31 measurement dates. A market related value of plan assets is used to calculate the expected return on assets. The market related value recognizes changes in the fair value of pension plan assets systematically over a five-year period. The market related value of the health care and life insurance plan assets equal fair value.
Unremitted Earnings in Foreign Investment, Policy	At October 31, 2015, accumulated earnings in certain subsidiaries outside the U.S. totaled $5,282 million for which no provision for U.S. income taxes or foreign withholding taxes has been made, because it is expected that such earnings will be reinvested outside the U.S. indefinitely. Determination of the amount of unrecognized deferred tax liability on these unremitted earnings is not practicable. At October 31, 2015, the amount of cash and cash equivalents and marketable securities held by these foreign subsidiaries was $1,588 million.
Marketable Securities, Policy	Realized gains or losses from the sales of marketable securities are based on the specific identification method.
Financing Receivables - Non-Performing, Policy	Past due balances of financing receivables still accruing finance income represent the total balance held (principal plus accrued interest) with any payment amounts 30 days or more past the contractual payment due date. Non-performing financing receivables represent loans for which the company has ceased accruing finance income. These receivables are generally 120 days delinquent and the estimated uncollectible amount, after charging the dealer’s withholding account, has been written off to the allowance for credit losses. Finance income for non-performing receivables is recognized on a cash basis. Accrual of finance income is generally resumed when the receivable becomes contractually current and collections are reasonably assured. Financing receivables are considered impaired when it is probable the company will be unable to collect all amounts due according to the contractual terms. Receivables reviewed for impairment generally include those that are either past due, or have provided bankruptcy notification, or require significant collection efforts. Receivables, which are impaired, are generally classified as non-performing.
Troubled Debt Restructuring, Policy	A troubled debt restructuring is generally the modification of debt in which a creditor grants a concession it would not otherwise consider to a debtor that is experiencing financial difficulties. These modifications may include a reduction of the stated interest rate, an extension of the maturity dates, a reduction of the face amount or maturity amount of the debt, or a reduction of accrued interest.
Inventory Valuation, Policy	Most inventories owned by Deere & Company and its U.S. equipment subsidiaries are valued at cost, on the “last-in, first-out” (LIFO) basis. Remaining inventories are generally valued at the lower of cost, on the “first-in, first-out” (FIFO) basis, or market.
Extended Product Warranty, Policy	The premiums for the company’s extended warranties are primarily recognized in income in proportion to the costs expected to be incurred over the contract period.
Stock Option and Restricted Stock Awards, Policy	The company issues stock options and restricted stock awards to key employees under plans approved by stockholders. Restricted stock is also issued to nonemployee directors for their services as directors under a plan approved by stockholders. Options are awarded with the exercise price equal to the market price and become exercisable in one to three years after grant. Options expire ten years after the date of grant. Restricted stock awards generally vest after three years. The compensation cost for stock options, service based restricted stock units and market/service based restricted stock units, which is based on the fair value at the grant date, is recognized on a straight-line basis over the requisite period the employee is required to render service. The compensation cost for performance/service based units, which is based on the fair value at the grant date, is recognized over the employees’ requisite service period and periodically adjusted for the probable number of shares to be awarded.
Fair Value of Financial Instruments, Policy	Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In determining fair value, the company uses various methods including market and income approaches. The company utilizes valuation models and techniques that maximize the use of observable inputs. The models are industry-standard models that consider various assumptions including time values and yield curves as well as other economic measures. These valuation techniques are consistently applied.

CASH FLOW INFORMATION (Tables)

CASH FLOW INFORMATION (Tables)	12 Months Ended
	Oct. 31, 2015
CASH FLOW INFORMATION
Cash Payments for Interest and Income Taxes	Cash payments for interest and income taxes consisted of the following in millions of dollars: 2015 2014 2013 Interest: Equipment operations $ $ $ Financial services Intercompany eliminations Consolidated $ $ $ Income taxes: Equipment operations $ $ $ Financial services Intercompany eliminations Consolidated $ $ $

PENSION AND OTHER POSTRETIREM41

PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)	12 Months Ended
	Oct. 31, 2015
PENSION AND OTHER POSTRETIREMENT BENEFITS
Components of Pension and Postretirement Benefit Costs	The components of net periodic pension cost and the assumptions related to the cost consisted of the following in millions of dollars and in percents: 2015 2014 2013 Pensions Service cost $ $ $ Interest cost Expected return on plan assets Amortization of actuarial loss Amortization of prior service cost Other postemployment benefits Settlements/curtailments Net cost $ $ $ Weighted-average assumptions Discount rates Rate of compensation increase Expected long-term rates of return The components of net periodic postretirement benefits cost and the assumptions related to the cost consisted of the following in millions of dollars and in percents: 2015 2014 2013 Health care and life insurance Service cost $ $ $ Interest cost Expected return on plan assets Amortization of actuarial loss Amortization of prior service credit Settlements/curtailments Net cost $ $ $ Weighted-average assumptions Discount rates Expected long-term rates of return
Schedule of Benefit Plan Costs Recorded in Net Income and Other Changes in Plan Assets and Benefit Obligations Recorded in Other Comprehensive Income	The previous pension cost in net income and other changes in plan assets and benefit obligations in other comprehensive income in millions of dollars were as follows: 2015 2014 2013 Pensions Net cost $ $ $ Retirement benefit adjustments included in other comprehensive (income) loss: Net actuarial (gain) loss Prior service (credit) cost Amortization of actuarial loss Amortization of prior service cost Settlements/curtailments Total (gain) loss recognized in other comprehensive (income) loss Total recognized in comprehensive (income) loss $ $ $ The previous postretirement benefits cost in net income and other changes in plan assets and benefit obligations in other comprehensive income in millions of dollars were as follows: 2015 2014 2013 Health care and life insurance Net cost $ $ $ Retirement benefit adjustments included in other comprehensive (income) loss: Net actuarial (gain) loss Prior service credit Amortization of actuarial loss Amortization of prior service credit Settlements/curtailments Total (gain) loss recognized in other comprehensive (income) loss Total recognized in comprehensive (income) loss $ $ $
Schedule of Benefit Plan Obligations, Funded Status and the Assumptions Related to Obligations	The benefit plan obligations, funded status and the assumptions related to the obligations at October 31 in millions of dollars follow: Health Care and Pensions Life Insurance 2015 2014 2015 2014 Change in benefit obligations Beginning of year balance $ $ $ $ Service cost Interest cost Actuarial gain (loss) Amendments Benefits paid Health care subsidies Other postemployment benefits Settlements/curtailments Foreign exchange and other End of year balance Change in plan assets (fair value) Beginning of year balance Actual return on plan assets Employer contribution Benefits paid Settlements/curtailments Foreign exchange and other End of year balance Funded status $ $ $ $ Weighted-average assumptions Discount rates Rate of compensation increase
Schedule of Amounts Recognized in Balance Sheet and Accumulated Other Comprehensive Income - Pretax	The amounts recognized at October 31 in millions of dollars consist of the following: Health Care and Pensions Life Insurance 2015 2014 2015 2014 Amounts recognized in balance sheet Noncurrent asset $ $ Current liability $ $ Noncurrent liability Total $ $ $ $ Amounts recognized in accumulated other comprehensive income – pretax Net actuarial loss $ $ $ $ Prior service cost (credit) Total $ $ $ $
Schedule of Accumulated Other Comprehensive Income Expected to be Amortized as Net Expense (Income) During Fiscal 2015	The amounts in accumulated other comprehensive income that are expected to be amortized as net expense (income) during fiscal 2016 in millions of dollars follow: Health Care and Pensions Life Insurance Net actuarial loss $ $ Prior service cost (credit) Total $ $
Schedule of Future Benefits Expected to be Paid from the Benefit Plans	The benefits expected to be paid from the benefit plans, which reflect expected future years of service, are as follows in millions of dollars: Health Care and Pensions Life Insurance* 2016 $ $ 2017 2018 2019 2020 2021 to 2025 * Net of prescription drug group benefit subsidy under Medicare Part D.
Fair Values of Pension Plan and Health Care Assets	The fair values of the pension plan assets at October 31, 2015 follow in millions of dollars: Total Level 1 Level 2 Cash and short-term investments $ $ $ Equity: U.S. equity securities and funds International equity securities Fixed Income: Government and agency securities Corporate debt securities Mortgage-backed securities Fixed income funds Real estate Derivative contracts - assets* Derivative contracts - liabilities** Receivables, payables and other Securities lending collateral Securities lending liability Securities sold short Total of Level 1 and Level 2 assets $ $ Investments at net asset value***: Short-term investments U.S. equity funds International equity funds Corporate debt funds Fixed income funds Real estate Hedge funds Private equity/venture capital Other investments Total net assets $ * Includes contracts for interest rates of $137 million, foreign currency of $17 million, equity of $30 million and other of $6 million. ** Includes contracts for interest rates of $7 million, foreign currency of $15 million and other of $4 million. *** Investments are measured at fair value using the net asset value per share practical expedient, and therefore, are not classified in the fair value hierarchy. The fair values of the health care assets at October 31, 2015 follow in millions of dollars: Total Level 1 Level 2 Cash and short-term investments $ $ $ Equity: U.S. equity securities and funds International equity securities Fixed Income: Government and agency securities Corporate debt securities Mortgage-backed securities Fixed income funds Real estate Derivative contracts - assets* Receivables, payables and other Securities lending collateral Securities lending liability Securities sold short Total of Level 1 and Level 2 assets $ $ Investments at net asset value**: Short-term investments International equity funds Fixed income funds Real estate funds Hedge funds Private equity/venture capital Other investments Total net assets $ * Includes contracts for interest rates of $2 million , foreign currency of $1 million and equity of $1 million . ** Investments are measured at fair value using the net asset value per share practical expedient, and therefore, are not classified in the fair value hierarchy. The fair values of the pension plan assets at October 31, 2014 follow in millions of dollars: Total Level 1 Level 2 Cash and short-term investments $ $ $ Equity: U.S. equity securities and funds International equity securities and funds Fixed Income: Government and agency securities Corporate debt securities Mortgage-backed securities Fixed income funds Real estate Derivative contracts - assets* Derivative contracts - liabilities** Receivables, payables and other Securities lending collateral Securities lending liability Securities sold short Total of Level 1 and Level 2 assets $ $ Investments at net asset value***: Short-term investments U.S. equity funds International equity funds Fixed income funds Real estate funds Hedge funds Private equity/venture capital Other investments Total net assets $ * Includes contracts for interest rates of $246 million, foreign currency of $61 million, equity of $11 million and other of $4 million. ** Includes contracts for interest rates of $6 million, foreign currency of $25 million and other of $8 million. *** Investments are measured at fair value using the net asset value per share practical expedient, and therefore, are not classified in the fair value hierarchy. The fair values of the health care assets at October 31, 2014 follow in millions of dollars: Total Level 1 Level 2 Cash and short-term investments $ $ $ Equity: U.S. equity securities and funds International equity securities Fixed Income: Government and agency securities Corporate debt securities Mortgage-backed securities Fixed income funds Real estate Derivative contracts - assets* Derivative contracts - liabilities** Receivables, payables and other Securities lending collateral Securities lending liability Securities sold short Total of Level 1 and Level 2 assets $ $ Investments at net asset value***: Short-term investments International equity funds Fixed income funds Real estate funds Hedge funds Private equity/venture capital Other investments Total net assets $ * Includes contracts for interest rates of $3 million and foreign currency of $2 million. ** Includes contracts for foreign currency of $1 million. *** Investments are measured at fair value using the net asset value per share practical expedient, and therefore, are not classified in the fair value hierarchy.

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Oct. 31, 2015
INCOME TAXES
Provision for Income Taxes by Taxing Jurisdiction and by Significant Component	The provision for income taxes by taxing jurisdiction and by significant component consisted of the following in millions of dollars: 2015 2014 2013 Current: U.S.: Federal $ $ $ State Foreign Total current Deferred: U.S.: Federal State Foreign Total deferred Provision for income taxes $ $ $
Comparison of Statutory and Effective Income Tax Provision	A comparison of the statutory and effective income tax provision and reasons for related differences in millions of dollars follow: 2015 2014 2013 U.S. federal income tax provision at a statutory rate of 35 percent $ $ $ Increase (decrease) resulting from: State and local income taxes, net of federal income tax benefit German branch deferred tax write-off Differences in taxability of foreign (earnings) losses Nondeductible impairment charges Research and business tax credits Tax rates on foreign earnings Valuation allowance on deferred taxes Other-net Provision for income taxes $ $ $
Analysis of the Deferred Income Tax Assets and Liabilities	An analysis of the deferred income tax assets and liabilities at October 31 in millions of dollars follows: 2015 2014 Deferred Deferred Deferred Deferred Tax Tax Tax Tax Assets Liabilities Assets Liabilities Other postretirement benefit liabilities $ $ Tax over book depreciation $ $ Accrual for sales allowances Lease transactions Tax loss and tax credit carryforwards Foreign unrealized losses Pension liability - net Accrual for employee benefits Share-based compensation Inventory Goodwill and other intangible assets Allowance for credit losses Deferred gains on distributed foreign earnings Deferred compensation Undistributed foreign earnings Other items Less valuation allowances Deferred income tax assets and liabilities $ $ $ $
Reconciliation of Unrecognized Tax Benefits	A reconciliation of the total amounts of unrecognized tax benefits at October 31 in millions of dollars follows: 2015 2014 2013 Beginning of year balance $ $ $ Increases to tax positions taken during the current year Increases to tax positions taken during prior years Decreases to tax positions taken during prior years Decreases due to lapse of statute of limitations Settlements Foreign exchange End of year balance $ $ $

OTHER INCOME AND OTHER OPERAT43

OTHER INCOME AND OTHER OPERATING EXPENSES (Tables)	12 Months Ended
	Oct. 31, 2015
OTHER INCOME AND OTHER OPERATING EXPENSES
Major Components of Other Income and Other Operating Expenses	The major components of other income and other operating expenses consisted of the following in millions of dollars: 2015 2014 2013 Other income Insurance premiums and fees earned $ $ $ Revenues from services Investment income Other Total $ $ $ Other operating expenses Depreciation of equipment on operating leases $ $ $ Insurance claims and expenses Cost of services Other Total $ $ $

UNCONSOLIDATED AFFILIATED COM44

UNCONSOLIDATED AFFILIATED COMPANIES (Tables)	12 Months Ended
	Oct. 31, 2015
UNCONSOLIDATED AFFILIATED COMPANIES
Unconsolidated Affiliated Companies	Combined financial information of the unconsolidated affiliated companies in millions of dollars follows: Operations 2015 2014 2013 Sales $ $ $ Net income Deere & Company’s equity in net income (loss) Financial Position 2015 2014 Total assets $ $ Total external borrowings Total net assets Deere & Company’s share of the net assets
Transactions with Unconsolidated Affiliated Companies	Transactions with unconsolidated affiliated companies reported in the statement of consolidated income in millions of dollars follow : 2015 2014 2013 Net sales $ $ $ Purchases

MARKETABLE SECURITIES (Tables)

MARKETABLE SECURITIES (Tables)	12 Months Ended
	Oct. 31, 2015
MARKETABLE SECURITIES
Amortized Cost and Fair Value of Marketable Securities	The amortized cost and fair value of marketable securities at October 31 in millions of dollars follow: Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value 2015 Equity fund $ $ $ U.S. government debt securities Municipal debt securities Corporate debt securities $ International debt securities Mortgage-backed securities* Marketable securities $ $ $ $ 2014 Equity fund $ $ $ Fixed income fund U.S. government debt securities $ Municipal debt securities Corporate debt securities Mortgage-backed securities* Marketable securities $ $ $ $ * Primarily issued by U.S. government sponsored enterprises.
Contractual Maturities of Debt Securities	The contractual maturities of debt securities at October 31, 2015 in millions of dollars follow: Amortized Fair Cost Value Due in one year or less $ $ Due after one through five years Due after five through 10 years Due after 10 years Mortgage-backed securities Debt securities $ $

RECEIVABLES (Tables)

RECEIVABLES (Tables)	12 Months Ended
	Oct. 31, 2015
Accounts, Notes, Loans and Financing Receivable
Schedule of Financing Receivable Installments	Financing receivable installments, including unearned finance income, at October 31 are scheduled as follows in millions of dollars: 2015 2014 Unrestricted/Securitized Unrestricted/Securitized Due in months: 0 – 12 $ $ $ $ 13 – 24 25 – 36 37 – 48 49 – 60 Thereafter Total $ $ $ $
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables	An age analysis of past due financing receivables that are still accruing interest and non-performing financing receivables at October 31 follows in millions of dollars: 30-59 60-89 90 Days Days Days or Greater Total Past Due Past Due Past Due Past Due 2015 Retail Notes: Agriculture and turf $ $ $ $ Construction and forestry Other: Agriculture and turf Construction and forestry Total $ $ $ $ Total Total Total Non- Financing Past Due Performing Current Receivables Retail Notes: Agriculture and turf $ $ $ $ Construction and forestry Other: Agriculture and turf Construction and forestry Total $ $ $ Less allowance for credit losses Total financing receivables - net $ 30-59 60-89 90 Days Days Days or Greater Total Past Due Past Due Past Due Past Due 2014 Retail Notes: Agriculture and turf $ $ $ $ Construction and forestry Other: Agriculture and turf Construction and forestry Total $ $ $ $ Total Total Total Non- Financing Past Due Performing Current Receivables Retail Notes: Agriculture and turf $ $ $ $ Construction and forestry Other: Agriculture and turf Construction and forestry Total $ $ $ Less allowance for credit losses Total financing receivables - net $
Analysis of the Allowance for Credit Losses and Investment in Financing Receivables	An analysis of the allowance for credit losses and investment in financing receivables follows in millions of dollars: Revolving Retail Charge Notes Accounts Other Total 2015 Allowance: Beginning of year balance $ $ $ $ Provision Write-offs Recoveries Translation adjustments End of year balance* $ $ $ $ Financing receivables: End of year balance $ $ $ $ Balance individually evaluated $ $ $ * Individual allowances were not significant. 2014 Allowance: Beginning of year balance $ $ $ $ Provision Write-offs Recoveries Translation adjustments End of year balance* $ $ $ $ Financing receivables: End of year balance $ $ $ $ Balance individually evaluated $ $ $ * Individual allowances were not significant. 2013 Allowance: Beginning of year balance $ $ $ $ Provision (credit) Write-offs Recoveries Translation adjustments End of year balance* $ $ $ $ Financing receivables: End of year balance $ $ $ $ Balance individually evaluated $ $ $ * Individual allowances were not significant.
Analysis of the Impaired Financing Receivables	An analysis of the impaired financing receivables at October 31 follows in millions of dollars: Unpaid Average Recorded Principal Specific Recorded Investment Balance Allowance Investment 2015* Receivables with specific allowance** $ $ $ $ Receivables without a specific allowance*** Total $ $ $ $ Agriculture and turf $ $ $ $ Construction and forestry $ $ $ 2014* Receivables with specific allowance** $ $ $ $ Receivables without a specific allowance** Total $ $ $ $ Agriculture and turf $ $ $ $ Construction and forestry $ $ $ * Finance income recognized was not material. ** Primarily retail notes. *** Primarily retail notes and wholesale receivables.
Schedule of Other Receivables	Other receivables at October 31 consisted of the following in millions of dollars: 2015 2014 Taxes receivable $ $ Reinsurance receivables Insurance premium receivables Other Other receivables $ $
Trade Accounts and Notes Receivable
Accounts, Notes, Loans and Financing Receivable
Schedule of Trade Accounts and Notes Receivable, Financing Receivables, and Financing Receivables Related to the Sale of Equipment	Trade accounts and notes receivable at October 31 consisted of the following in millions of dollars: 2015 2014 Trade accounts and notes: Agriculture and turf $ $ Construction and forestry Trade accounts and notes receivable–net $ $
Financing Receivables
Accounts, Notes, Loans and Financing Receivable
Schedule of Trade Accounts and Notes Receivable, Financing Receivables, and Financing Receivables Related to the Sale of Equipment	Financing receivables at October 31 consisted of the following in millions of dollars: 2015 2014 Unrestricted/Securitized Unrestricted/Securitized Retail notes: Equipment: Agriculture and turf $ $ $ $ Construction and forestry Total Wholesale notes Revolving charge accounts Financing leases (direct and sales-type) Total financing receivables Less: Unearned finance income: Equipment notes Financing leases Total Allowance for credit losses Financing receivables – net $ $ $ $
Financing Receivables | Related to Sales of Equipment
Accounts, Notes, Loans and Financing Receivable
Schedule of Trade Accounts and Notes Receivable, Financing Receivables, and Financing Receivables Related to the Sale of Equipment	Financing receivables at October 31 related to the company’s sales of equipment that were included in the table above consisted of the following in millions of dollars: 2015 2014 Unrestricted Unrestricted Retail notes*: Equipment: Agriculture and turf $ $ Construction and forestry Total Wholesale notes Sales-type leases Total Less: Unearned finance income: Equipment notes Sales-type leases Total Financing receivables related to the company’s sales of equipment $ $ * These retail notes generally arise from sales of equipment by company-owned dealers or through direct sales.

SECURITIZATION OF FINANCING R47

SECURITIZATION OF FINANCING RECEIVABLES (Tables)	12 Months Ended
	Oct. 31, 2015
SECURITIZATION OF FINANCING RECEIVABLES
Unconsolidated Conduits, Carrying Amount of Liabilities Compared to Maximum Exposure to Loss	The company’s carrying amount of the liabilities to the unconsolidated conduits, compared to the maximum exposure to loss related to these conduits, which would only be incurred in the event of a complete loss on the restricted assets, was as follows at October 31 in millions of dollars: 2015 Carrying value of liabilities $ Maximum exposure to loss
Components of Consolidated Restricted Assets, Secured Borrowings and Other Liabilities Related to Securitization Transactions	The components of consolidated restricted assets related to secured borrowings in securitization transactions at October 31 were as follows in millions of dollars: 2015 2014 Financing receivables securitized (retail notes) $ $ Allowance for credit losses Other assets Total restricted securitized assets $ $ The components of consolidated secured borrowings and other liabilities related to securitizations at October 31 were as follows in millions of dollars: 2015 2014 Short-term securitization borrowings $ $ Accrued interest on borrowings Total liabilities related to restricted securitized assets $ $

EQUIPMENT ON OPERATING LEASES (

EQUIPMENT ON OPERATING LEASES (Tables)	12 Months Ended
	Oct. 31, 2015
EQUIPMENT ON OPERATING LEASES
Equipment on Operating Leases - Net	Net equipment on operating leases at October 31 consisted of the following in millions of dollars: 2015 2014 Equipment on operating lease s : Agriculture and turf $ $ Construction and forestry Equipment on operating lease s - net $ $

INVENTORIES (Tables)

INVENTORIES (Tables)	12 Months Ended
	Oct. 31, 2015
INVENTORIES
Major Classification of Inventories	If all inventories had been valued on a FIFO basis, estimated inventories by major classification at October 31 in millions of dollars would have been as follows: 2015 2014 Raw materials and supplies $ $ Work-in-process Finished goods and parts Total FIFO value Less adjustment to LIFO value Inventories $ $

PROPERTY AND DEPRECIATION (Tabl

PROPERTY AND DEPRECIATION (Tables)	12 Months Ended
	Oct. 31, 2015
PROPERTY AND DEPRECIATION
Schedule of Property and Equipment	A summary of property and equipment at October 31 in millions of dollars follows: Useful Lives* (Years) 2015 2014 Equipment Operations Land $ $ Buildings and building equipment 23 Machinery and equipment 11 Dies, patterns, tools, etc. 8 All other 5 Construction in progress Total at cost Less accumulated depreciation Total Financial Services Land Buildings and building equipment 27 All other 6 Total at cost Less accumulated depreciation Total Property and equipment-net $ $ * Weighted-averages

GOODWILL AND OTHER INTANGIBLE51

GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables)	12 Months Ended
	Oct. 31, 2015
GOODWILL AND OTHER INTANGIBLE ASSETS-NET
Changes in Goodwill by Operating Segments	The changes in amounts of goodwill by operating segments were as follows in millions of dollars: Agriculture Construction and and Turf Forestry Total Balance at October 31, 2013 $ $ $ Less accumulated impairment losses Net balance Divestiture* Translation adjustments and other Balance at October 31, 2014 Less accumulated impairment losses* Net balance Translation adjustments and other Goodwill at October 31, 2015 $ $ $ * Accumulated impairment losses were also reduced by $60 million related to the sale of the Water operations (see Note 4).
Components of Other Intangible Assets	The components of other intangible assets are as follows in millions of dollars: Useful Lives* (Years) 2015 2014 Amortized intangible assets: Customer lists and relationships 14 $ $ Technology, patents, trademarks and other 17 Total at cost Less accumulated amortization** Total Unamortized intangible assets: Licenses Other intangible assets-net $ $ * Weighted-averages ** Accumulated amortization at 2015 and 2014 for customer lists and relationships was $10 million and $9 million and technology, patents, trademarks and other was $45 million and $36 million, respectively.

TOTAL SHORT-TERM BORROWINGS (Ta

TOTAL SHORT-TERM BORROWINGS (Tables)	12 Months Ended
	Oct. 31, 2015
TOTAL SHORT-TERM BORROWINGS
Short-Term Borrowings	Total short-term borrowings at October 31 consisted of the following in millions of dollars: 2015 2014 Equipment Operations Commercial paper $ $ Notes payable to banks Long-term borrowings due within one year Total Financial Services Commercial paper Notes payable to banks Long-term borrowings due within one year* Total Short-term borrowings Financial Services Short-term securitization borrowings Total short-term borrowings $ $ * Includes unamortized fair value adjustments related to interest rate swaps.

ACCOUNTS PAYABLE AND ACCRUED 53

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)	12 Months Ended
	Oct. 31, 2015
ACCOUNTS PAYABLE AND ACCRUED EXPENSES
Accounts Payable and Accrued Expenses	Accounts payable and accrued expenses at October 31 consisted of the following in millions of dollars: 2015 2014 Equipment Operations Accounts payable: Trade payables $ $ Dividends payable Other Accrued expenses: Dealer sales discounts Employee benefits Product warranties Unearned revenue Other Total Financial Services Accounts payable: Deposits withheld from dealers and merchants Other Accrued expenses: Unearned revenue Accrued interest Employee benefits Insurance claims reserve* Other Total Eliminations** Accounts payable and accrued expenses $ $ * See Note 9 ** Pri marily trade receivable valuation accounts which are reclassified as accrued expenses by the equipment operations as a result of their trade receivables being sold to financial services .

LONG-TERM BORROWINGS (Tables)

LONG-TERM BORROWINGS (Tables)	12 Months Ended
	Oct. 31, 2015
LONG-TERM BORROWINGS
Long-Term Borrowings	Long-term borrowings at October 31 consisted of the following in millions of dollars: 2015 2014 Equipment Operations Notes and debentures: 4.375% notes due 2019 $ $ 8 -1/2% debentures due 2022 2.60% notes due 2022 6.55% debentures due 2028 5.375% notes due 2029 8.10% debentures due 2030 7.125% notes due 2031 3.90% notes due 2042 Other notes Total Financial Services Notes and debentures: Medium-term notes due 2016 – 2025: (principal $17,610 - 2015, $17,939 - 2014) Average interest rates of 1.4% - 2015, 1.2% - 2014 * * 2.75% senior note due 2022: ($500 principal) Swapped $500 to variable interest rate of 1.1% - 2015, . 9% – 2014 * * Other notes Total Long-term borrowings** $ $ * Includes unamortized fair value adjustments related to interest rate swaps. ** All interest rates are as of year end.

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Oct. 31, 2015
COMMITMENTS AND CONTINGENCIES
Reconciliation of the Changes in Warranty Liability and Unearned Premiums	A reconciliation of the changes in the warranty liability and unearned premiums in millions of dollars follows: Warranty Liability/ Unearned Premiums 2015 2014 Beginning of year balance $ $ Payments Amortization of premiums received Accruals for warranties Premiums received Foreign exchange End of year balance $ $

CAPITAL STOCK (Tables)

CAPITAL STOCK (Tables)	12 Months Ended
	Oct. 31, 2015
CAPITAL STOCK
Changes in the Common Stock Account	Changes in the common stock account in millions were as follows: Number of Shares Issued Amount Balance at October 31, 2012 536.4 $ Stock options and other Balance at October 31, 2013 536.4 Stock options and other Balance at October 31, 2014 536.4 Stock options and other Balance at October 31, 2015 536.4 $
Reconciliation of Basic and Diluted Net Income Per Share	A reconciliation of basic and diluted net income per share attributable to Deere & Company follows in millions, except per share amounts: 2015 2014 2013 Net income attributable to Deere & Company $ $ $ Less income allocable to participating securities .8 .9 Income allocable to common stock $ $ $ Average shares outstanding Basic per share $ $ $ Average shares outstanding Effect of dilutive stock options Total potential shares outstanding Diluted per share $ $ $

STOCK OPTION AND RESTRICTED S57

STOCK OPTION AND RESTRICTED STOCK AWARDS (Tables)	12 Months Ended
	Oct. 31, 2015
STOCK OPTION AND RESTRICTED STOCK AWARDS
Assumptions Used for the Binomial Lattice Model to Determine Fair Value of Options	The assumptions used for the binomial lattice model to determine the fair value of options follow: 2015 2014 2013 Risk-free interest rate .04% - 2.3% .03% - 2.9% .04% - 1.7% Expected dividends 2.5% 2.3% 2.3% Expected volatility 23.4% - 25.7% 25.9% - 32.0% 26.6% - 32.5% Weighted-average volatility 25.6% 31.9% 32.4% Expected term (in years) 7.2 - 8.2 7.3 - 7.4 7.3 - 7.9
Stock Option Activity	Stock option activity at October 31, 2015 and changes during 2015 in millions of dollars and shares follow: Remaining Contractual Aggregate Exercise Term Intrinsic Shares Price* (Years) Value Outstanding at beginning of year $ Granted Exercised Expired or forfeited (.2) Outstanding at end of year $ Exercisable at end of year * Weighted-averages
Nonvested Restricted Share Activity	The company’s nonvested restricted shares at October 31, 2015 and changes during 2015 in millions of shares follow: Grant-Date Shares Fair Value* Service based only Nonvested at beginning of year .3 $ Granted .1 Vested (.1) Nonvested at end of year .3 Performance/service and market/service based Nonvested at beginning of year .4 $ Granted .1 Expired or forfeited (.1) Nonvested at end of year .4 * Weighted-averages

OTHER COMPREHENSIVE INCOME IT58

OTHER COMPREHENSIVE INCOME ITEMS (Tables)	12 Months Ended
	Oct. 31, 2015
OTHER COMPREHENSIVE INCOME ITEMS
Schedule of After-Tax Changes in Accumulated Other Comprehensive Income (Loss)	The after-tax changes in accumulated other comprehensive income at October 31 in millions of dollars follow: Total Unrealized Unrealized Accumulated Retirement Cumulative Gain (Loss) Gain (Loss) Other Benefits Translation on on Comprehensive Adjustment Adjustment Derivatives Investments Income (Loss) 2012 $ $ $ $ $ Period Change 2013 Period Change 2014 Period Change 2015 $ $ $ $ $
Schedule of Amounts Recorded in and Reclassifications out of Other Comprehensive Income (Loss) and the Income Tax Effects	Following are amounts recorded in and reclassifications out of other comprehensive income (loss), and the income tax effects, in millions of dollars: Before Tax After Tax (Expense) Tax Amount Credit Amount 2015 Cumulative translation adjustment $ $ $ Unrealized gain (loss) on derivatives: Unrealized hedging (loss) Reclassification of realized (gain) loss to: Interest rate contracts – Interest expense Foreign exchange contracts – Other operating expenses Net unrealized (loss) on derivatives Unrealized gain (loss) on investments: Unrealized holding gain Reclassification of realized (gain) loss - Other income Net unrealized (loss) on investments Retirement benefits adjustment: Pensions Net actuarial (loss) and prior service (cost) Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:* Actuarial loss Prior service cost Settlements/curtailments Health care and life insurance Net actuarial gain and prior service credit Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:* Actuarial loss Prior service (credit) Settlements/curtailments Net unrealized (loss) on retirement benefits adjustment Total other comprehensive income (loss) $ $ $ * These accumulated other comprehensive income amounts are included in net periodic postretirement costs. See Note 7 for additional detail. Before Tax After Tax (Expense) Tax Amount Credit Amount 2014 Cumulative translation adjustment: Unrealized (loss) on translation adjustment $ $ $ Reclassification of loss to Other operating expenses* Net unrealized (loss) on translation adjustment Unrealized gain (loss) on derivatives: Unrealized hedging (loss) Reclassification of realized (gain) loss to: Interest rate contracts – Interest expense Foreign exchange contracts – Other operating expenses Net unrealized gain on derivatives Unrealized gain (loss) on investments: Unrealized holding gain Net unrealized gain on investments Retirement benefits adjustment: Pensions Net actuarial (loss) Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:** Actuarial loss Prior service cost Settlements/curtailments Health care and life insurance Net actuarial (loss) and prior service credit Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:** Actuarial loss Prior service (credit) Settlements/curtailments Net unrealized (loss) on retirement benefits adjustment Total other comprehensive income (loss) $ $ $ * Represents the accumulated translation adjustments related to the foreign subsidiaries of the Water operations that were sold (see Note 4). ** These accumulated other comprehensive income amounts are included in net periodic postretirement costs. See Note 7 for additional detail. Before Tax After Tax (Expense) Tax Amount Credit Amount 2013 Cumulative translation adjustment $ $ $ Unrealized gain (loss) on derivatives: Unrealized hedging gain Reclassification of realized (gain) loss to: Interest rate contracts – Interest expense Foreign exchange contracts – Other operating expenses Net unrealized gain on derivatives Unrealized gain (loss) on investments: Unrealized holding (loss) Net unrealized (loss) on investments Retirement benefits adjustment: Pensions Net actuarial gain and prior service credit Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:* Actuarial loss Prior service cost Settlements/curtailments Health care and life insurance Net actuarial gain and prior service credit Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:* Actuarial loss Prior service (credit) Net unrealized gain on retirement benefits adjustment Total other comprehensive income (loss) $ $ $ * These accumulated other comprehensive income amounts are included in net periodic postretirement costs. See Note 7 for additional detail.

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Oct. 31, 2015
FAIR VALUE MEASUREMENTS
Fair Value of Financial Instruments	The fair values of financial instruments that do not approximate the carrying values at October 31 in millions of dollars follow: 2015 2014 Carrying Fair Carrying Fair Value Value* Value Value* Financing receivables – net $ $ $ $ Financing receivables securitized – net $ $ $ $ Short-term securitization borrowings $ $ $ $ Long-term borrowings due within one year: Equipment operations $ $ $ $ Financial services Total $ $ $ $ Long-term borrowings: Equipment operations $ $ $ $ Financial services Total $ $ $ $ * Fair value measurements above were Level 3 for all financing receivables and Level 2 for all borrowings.
Assets and Liabilities Measured at Fair Value on a Recurring Basis	Assets and liabilities measured at October 31 at fair value on a recurring basis in millions of dollars follow: 2015* 2014* Marketable securities Equity fund $ $ Fixed income fund U.S. government debt securities Municipal debt securities Corporate debt securities International debt securities Mortgage-backed securities** Total marketable securities Other assets Derivatives: Interest rate contracts Foreign exchange contracts Cross-currency interest rate contracts Total assets*** $ $ Accounts payable and accrued expenses Derivatives: Interest rate contracts $ $ Foreign exchange contracts Total liabilities $ $ * All measurements above were Level 2 measurements except for Level 1 measurements of U.S. government debt securities of $37 million and $741 million at October 31, 2015 and 2014, respectively, and the equity fund of $43 million and $45 million at October 31, 2015 and 2014, respectively, and the fixed income fund of $10 million at October 31, 2014. In addition, $29 million of the international debt securities were Level 3 measurements at October 31, 2015. There were no transfers between Level 1 and Level 2 during 2015 and 2014 . ** Primarily issued by U.S. government sponsored enterprises. *** Excluded from this table were cash equivalents, which were carried at cost that approximates fair value. The cash equivalents consist primarily of money market funds that were Level 1 measurements.
Fair Value, Recurring, Level 3 Measurements	Fair value, recurring, Level 3 measurements from available for sale marketable securities at October 31 in millions of dollars follow: 2015 Beginning of period balance Purchases $ Change in unrealized gain (loss) End of period balance $
Fair Value, Nonrecurring, Level 3 Measurements	Fair value, nonrecurring, Level 3 measurements from impairments at October 31 in millions of dollars follow: Fair Value* Losses* 2015 2014 2015 2014 2013 Equipment on operating leases – net $ $ Property and equipment – net $ $ $ $ $ Other intangible assets – net $ Other assets $ $ $ $ Assets held for sale – Water operations $ * See financing receivables with specific allowances in Note 12 that were not significant. See Note 5 for impairments.

DERIVATIVE INSTRUMENTS (Tables)

DERIVATIVE INSTRUMENTS (Tables)	12 Months Ended
	Oct. 31, 2015
DERIVATIVE INSTRUMENTS
Fair Value Hedge Interest Rate Contracts and Underlying Borrowings	The gains (losses) on these contracts and the underlying borrowings recorded in interest expense follow in millions of dollars: 2015 2014 Interest rate contracts* $ $ Borrowings** * Includes changes in fair values of interest rate contracts excluding net accrued interest income of $173 million and $168 million during 2015 and 2014, respectively. ** Includes adjustments for fair values of hedged borrowings excluding accrued interest expense of $274 million and $267 million during 2015 and 2014, respectively.
Fair Value of Derivative Instruments in Consolidated Balance Sheet	Fair values of derivative instruments in the consolidated balance sheet at October 31 in millions of dollars follow: 2015 2014 Other Assets Designated as hedging instruments: Interest rate contracts $ $ Cross-currency interest rate contracts Total designated Not designated as hedging instruments: Interest rate contracts Foreign exchange contracts Cross-currency interest rate contracts Total not designated Total derivative assets $ $ Accounts Payable and Accrued Expenses Designated as hedging instruments: Interest rate contracts $ $ Total designated Not designated as hedging instruments: Interest rate contracts Foreign exchange contracts Total not designated Total derivative liabilities $ $
Gains (Losses) Related to Derivative Instruments on Statement of Consolidated Income	The classification and gains (losses) including accrued interest expense related to derivative instruments on the statement of consolidated income consisted of the following in millions of dollars: 2015 2014 2013 Fair Value Hedges Interest rate contracts – Interest expense $ $ $ Cash Flow Hedges Recognized in OCI (Effective Portion): Interest rate contracts – OCI (pretax)* Foreign exchange contracts – OCI (pretax)* Reclassified from OCI (Effective Portion): Interest rate contracts – Interest expense* Foreign excha nge contracts – Other expense* Recognized Directly in Income (Ineffective Portion) ** ** ** Not Designated as Hedges Interest rate contracts – Interest expense* $ $ $ Foreign exchange contracts – Cost of sales Foreign exchange contracts – Other expense* Total not designated $ $ $ * Includes interest and foreign exchange gains (losses) from cross-currency interest rate contracts. ** The amounts are not significant.
Impact on Derivative Assets and Liabilities Related to Netting Arrangements and Collateral	The impact on the derivative assets and liabilities related to netting arrangements and any collateral received or paid at October 31 in millions of dollars follows: Gross Amounts Netting Collateral Net Recognized Arrangements Received Amount 2015 Assets $ $ $ Liabilities 2014 Assets $ $ $ $ Liabilities

SEGMENT AND GEOGRAPHIC AREA D61

SEGMENT AND GEOGRAPHIC AREA DATA FOR THE YEARS ENDED OCTOBER 31, 2015, 2014 AND 2013 (Tables)	12 Months Ended
	Oct. 31, 2015
SEGMENT AND GEOGRAPHIC AREA DATA FOR THE YEARS ENDED OCTOBER 31, 2015, 2014 AND 2013
Schedule of Segment Reporting Information by Segment	Information relating to operations by operating segment in millions of dollars follows. In addition to the following unaffiliated sales and revenues by segment, intersegment sales and revenues in 2015, 2014 and 2013 were as follows: agriculture and turf net sales of $49 million, $89 million and $69 million, construction and forestry net sales of $1 million, $1 million and $2 million, and financial services revenues of $225 million, $228 million and $220 million, respectively. OPERATING SEGMENTS 2015 2014 2013 Net sales and revenues Unaffiliated customers: Agriculture and turf net sales $ $ $ Construction and forestry net sales Total net sales Financial services revenues Other revenues* Total $ $ $ * Other revenues are primarily the equipment operations’ revenues for finance and interest income, and other income as disclosed in Note 31, net of certain intercompany eliminations. Operating profit Agriculture and turf $ $ $ Construction and forestry Financial services* Total operating profit Interest income Investment income Interest expense Foreign exchange gains (losses) from equipment operations’ financing activities Corporate expenses — net Income taxes Total Net income Less: Net income attributable to noncontrolling interests Net income attributable to Deere & Company $ $ $ * Operating profit of the financial services business segment includes the effect of its interest expense and foreign exchange gains or losses. Interest income* Agriculture and turf $ $ $ Construction and forestry Financial services Corporate Intercompany Total $ $ $ * Does not include finance rental income for equipment on operating leases. Interest expense Agriculture and turf $ $ $ Construction and forestry Financial services Corporate Intercompany Total $ $ $ Depreciation* and amortization expense Agriculture and turf $ $ $ Construction and forestry Financial services Total $ $ $ * Includes depreciation for equipment on operating leases. Equity in income (loss) of unconsolidated affiliates Agriculture and turf $ $ $ Construction and forestry Financial services Total $ $ Identifiable operating assets Agriculture and turf $ $ $ Construction and forestry Financial services Corporate* Total $ $ $ * Corporate assets are primarily the equipment operations’ retirement benefits, deferred income tax assets, marketable securities and cash and cash equivalents as disclosed in Note 31, net of certain intercompany eliminations. Capital additions Agriculture and turf $ $ $ Construction and forestry Financial services Total $ $ $ Investments in unconsolidated affiliates Agriculture and turf $ $ $ Construction and forestry Financial services Total $ $ $
Schedule of Geographic Area Reporting Information	The company views and has historically disclosed its operations as consisting of two geographic areas, the U.S. and Canada, and outside the U.S. and Canada, shown below in millions of dollars. No individual foreign country’s net sales and revenues were material for disclosure purposes. GEOGRAPHIC AREAS 2015 2014 2013 Net sales and revenues Unaffiliated customers: U.S. and Canada: Equipment operations net sales (87%)* $ $ $ Financial services revenues (78%)* Total Outside U.S. and Canada: Equipment operations net sales Financial services revenues Total Other revenues Total $ $ $ * The percentages indicate the approximate proportion of each amount that relates to the U.S. only and are based upon a three -year average for 2015 , 2014 and 2013. Operating profit U.S. and Canada: Equipment operations $ $ $ Financial services Total Outside U.S. and Canada: Equipment operations Financial services Total Total $ $ $ Property and equipment U.S. $ $ $ Germany Other countries Total $ $ $

SUPPLEMENTAL INFORMATION (UNA62

SUPPLEMENTAL INFORMATION (UNAUDITED) (Tables)	12 Months Ended
	Oct. 31, 2015
SUPPLEMENTAL INFORMATION (UNAUDITED)
Quarterly Common Stock Per Share Sales Prices	Common stock per share sales prices from New York Stock Exchange composite transactions quotations follow: First Second Third Fourth Quarter Quarter Quarter Quarter 2015 Market price High $ $ $ $ Low $ $ $ $ 2014 Market price High $ $ $ $ Low $ $ $ $
Quarterly Financial Information	The company’s fiscal year ends in October and its interim periods (quarters) end in January, April and July. Such information is shown in millions of dollars except for per share amounts. First Second Third Fourth Quarter Quarter Quarter Quarter 2015 Net sales and revenues $ $ $ $ Net sales Gross profit Income before income taxes Net income attributable to Deere & Company Per share data: Basic Diluted Dividends declared .60 .60 .60 .60 Dividends paid .60 .60 .60 .60 2014* Net sales and revenues $ $ $ $ Net sales Gross profit Income before income taxes Net income attributable to Deere & Company Per share data: Basic Diluted Dividends declared .51 .51 .60 .60 Dividends paid .51 .51 .51 .60 Net income per share for each quarter must be computed independently. As a result, their sum may not equal the total net income per share for the year. * See Note 5 for “Special Items

SUPPLEMENTAL CONSOLIDATING DA63

SUPPLEMENTAL CONSOLIDATING DATA (Tables)	12 Months Ended
	Oct. 31, 2015
SUPPLEMENTAL CONSOLIDATING DATA
Supplemental Consolidating Data Income Statement	INCOME STATEMENT For the Years Ended October 31, 2015, 2014 and 2013 (In millions of dollars) EQUIPMENT OPERATIONS* FINANCIAL SERVICES 2015 2014 2013 2015 2014 2013 Net Sales and Revenues Net sales $ $ $ Finance and interest income $ $ $ Other income Total Costs and Expenses Cost of sales Research and development expenses Selling, administrative and general expenses Interest expense Interest compensation to Financial Services Other operating expenses Total Income of Consolidated Group before Income Taxes Provision for income taxes Income of Consolidated Group Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates Financial Services Other (.3) Total Net Income Less: Net income attributable to noncontrolling interests .9 .3 Net Income Attributable to Deere & Company $ $ $ $ $ $ * Deere & Company with Financial Services on the equity basis. The supplemental consolidating data is presented for informational purposes. The “Equipment Operations” reflect the basis of consolidation described in Note 1 to the consolidated financial statements. The consolidated group data in the “Equipment Operations” income statement reflect the results of the agriculture and turf operations and construction and forestry operations. Transactions between the “Equipment Operations” and “Financial Services” have been eliminated to arrive at the consolidated financial statements.
Supplemental Consolidating Data Balance Sheet	BALANCE SHEET As of October 31, 2015 and 2014 (In millions of dollars except per share amounts) EQUIPMENT OPERATIONS* FINANCIAL SERVICES 2015 2014 2015 2014 ASSETS Cash and cash equivalents $ $ $ $ Marketable securities Receivables from unconsolidated subsidiaries and affiliates Trade accounts and notes receivable - net Financing receivables - net .9 Financing receivables securitized - net Other receivables Equipment on operating leases - net Inventories Property and equipment - net Investments in unconsolidated subsidiaries and affiliates Goodwill Other intangible assets - net Retirement benefits Deferred income taxes Other assets Total Assets $ $ $ $ LIABILITIES AND STOCKHOLDERS’ EQUITY LIABILITIES Short-term borrowings $ $ $ $ Short-term securitization borrowings Payables to unconsolidated subsidiaries and affiliates Accounts payable and accrued expenses Deferred income taxes Long-term borrowings Retirement benefits and other liabilities Total liabilities Commitments and contingencies (Note 22) STOCKHOLDERS’ EQUITY Common stock, $1 par value (authorized - 1,200,000,000 shares; issued - 536,431,204 shares in 2015 and 2014), at paid-in amount Common stock in treasury, 219,743,893 shares in 2015 and 190,926,805 shares in 2014, at cost Retained earnings Accumulated other comprehensive income (loss) Total Deere & Company stockholders’ equity Noncontrolling interests Total stockholders’ equity Total Liabilities and Stockholders’ Equity $ $ $ $ * Deere & Company with Financial Services on the equity basis. The supplemental consolidating data is presented for informational purposes. The “Equipment Operations” reflect the basis of consolidation described in Note 1 to the consolidated financial statements. Transactions between the “Equipment Operations” and “Financial Services” have been eliminated to arrive at the consolidated financial statements.
Supplemental Consolidating Data Statement of Cash Flows	STATEMENT OF CASH FLOWS For the Years Ended October 31, 2015, 2014 and 2013 (In millions of dollars) EQUIPMENT OPERATIONS* FINANCIAL SERVICES 2015 2014 2013 2015 2014 2013 Cash Flows from Operating Activities Net income $ $ $ $ $ $ Adjustments to reconcile net income to net cash provided by operating activities: Provision for credit losses Provision for depreciation and amortization Impairment charges Undistributed earnings of unconsolidated subsidiaries and affiliates (.9) Provision (credit) for deferred income taxes Changes in assets and liabilities: Trade receivables Insurance receivables Inventories Accounts payable and accrued expenses Accrued income taxes payable/receivable Retirement benefits Other Net cash provided by operating activities Cash Flows from Investing Activities Collections of receivables (excluding trade and wholesale) Proceeds from maturities and sales of marketable securities Proceeds from sales of equipment on operating leases Proceeds from sales of businesses, net of cash sold Cost of receivables acquired (excluding trade and wholesale) Purchases of marketable securities Purchases of property and equipment Cost of equipment on operating leases acquired Increase in investment in Financial Services Acquisitions of businesses, net of cash acquired Decrease (increase) in trade and wholesale receivables Other Net cash used for investing activities Cash Flows from Financing Activities Increase (decrease) in total short-term borrowings Change in intercompany receivables/payables Proceeds from long-term borrowings Payments of long-term borrowings Proceeds from issuance of common stock Repurchases of common stock Capital investment from Equipment Operations Dividends paid Excess tax benefits from share-based compensation Other Net cash provided by (used for) financing activities Effect of Exchange Rate Changes on Cash and Cash Equivalents Net Increase (Decrease) in Cash and Cash Equivalents Cash and Cash Equivalents at Beginning of Year Cash and Cash Equivalents at End of Year $ $ $ $ $ $ * Deere & Company with Financial Services on the equity basis. The supplemental consolidating data is presented for informational purposes. The “Equipment Operations” reflect the basis of consolidation described in Note 1 to the consolidated financial statements. Transactions between the “Equipment Operations” and “Financial Services” have been eliminated to arrive at the consolidated financial statements

SUMMARY OF SIGNIFICANT ACCOUN64

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Advertising costs	$ 157	$ 174	$ 183
Foreign exchange pretax net gains (losses)	$ 22	$ (47)	$ (26)

DISPOSITIONS (Details)

DISPOSITIONS (Details) - Disposal Group - USD ($) $ in Millions	Dec. 23, 2013	Mar. 31, 2015	May. 31, 2014	Jan. 31, 2015	Apr. 30, 2014	Oct. 31, 2013
Crop Insurance Operations
Assets and liabilities classified as held for sale
Total assets held for sale				$ 381
Total liabilities held for sale				267
Cash and cash equivalents				13
Marketable securities				79
Other receivables				265
Other intangible assets				4
Other assets				$ 20
Proceeds from sale of operations		$ 154
Cash and cash equivalents sold		5
Gain from sale of Crop Insurance Operations, pretax, recorded in other income		42
Gain from sale of Crop Insurance Operations, after-tax, recorded in other income		$ 40
Water Operations
Assets and liabilities classified as held for sale
Total assets held for sale					$ 85
Total liabilities held for sale					50
Trade receivables					57
Other receivables					10
Inventories					49
Other assets					5
Asset impairment					36
Accounts payable and accrued expenses					47
Retirement benefits and other liabilities					$ 3
Proceeds from sale of operations			$ 35
Loss from sale of Water Operations, pretax and after-tax			$ (10)
John Deere Landscapes
Dispositions
Percentage of ownership interest sold	60.00%
Assets and liabilities classified as held for sale
Total assets held for sale						$ 505
Total liabilities held for sale						120
Trade receivables						153
Inventories						219
Property and equipment						37
Goodwill						106
Other intangible assets						25
Other assets						10
Asset impairment						$ 45
Proceeds from sale of business including sales price adjustments for net asset adjustments	$ 305
Amount of private equity contribution received by John Deere Landscapes	$ 174
Preferred units, percentage of voting rights sold	60.00%
Preferred units, liquidation preference	$ 174
Preferred units, dividend rate (as a percent)	12.00%
Period which CD&R's ownership interest will increase due to preferred dividend payment in additional preferred shares	2 years
Equity Method Investments
Equity investment retained (as a percent)	40.00%

DISPOSITIONS (Details 2)

DISPOSITIONS (Details 2) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2013	Oct. 31, 2015	Oct. 31, 2014
DISPOSITIONS
Approximate total consideration	$ 83.5
Goodwill	$ 845	$ 726	$ 791.2

SPECIAL ITEMS (Details)

SPECIAL ITEMS (Details) - USD ($) $ in Millions	3 Months Ended					12 Months Ended
	Oct. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2013	Jul. 31, 2013	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Long-lived Asset Impairment
Non-cash charge for impairment of long-lived assets, pretax						$ 34.8	$ 95.9	$ 102
Water Operations | Disposal Group
Long-lived Asset Impairment
Non-cash charge for impairment of long-lived assets, pretax				$ 7	$ 50		62	57
Non-cash charge for impairment of long-lived assets, after-tax				$ 7	$ 44		$ 30	51
Water Operations | Cost of Sales | Disposal Group
Long-lived Asset Impairment
Non-cash charge for impairment of long-lived assets, pretax			$ 26					50
Non-cash charge for impairment of long-lived assets, after-tax			$ 26
Water Operations | Selling, Administrative, and General Expenses | Disposal Group
Long-lived Asset Impairment
Non-cash charge for impairment of long-lived assets, pretax								$ 7
Water Operations | Other Operating Expense | Disposal Group
Long-lived Asset Impairment
Non-cash charge for impairment of long-lived assets, pretax		$ 36
Non-cash charge for impairment of long-lived assets, after-tax		$ 4
Agriculture and Turf | Cost of Sales
Long-lived Asset Impairment
Non-cash charge for impairment of long-lived assets, pretax	$ 18
Non-cash charge for impairment of long-lived assets, after-tax	18
Non-cash charge for impairment of other assets, pretax	16
Non-cash charge for impairment of other assets, after-tax	$ 16

SPECIAL ITEMS (Details 2)

SPECIAL ITEMS (Details 2) - John Deere Landscapes - Disposal Group $ in Millions	3 Months Ended
	Oct. 31, 2013USD ($)
Impairments
Non-cash charge in other operating expenses for an impairment to write-down assets held for sale to realizable value, pretax	$ 45
Non-cash charge in other operating expenses for an impairment to write-down assets held for sale to realizable value, after-tax	$ 45

CASH FLOW INFORMATION (Details)

CASH FLOW INFORMATION (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
CASH FLOW INFORMATION
Cash equivalents, maturity period	3 months	3 months	3 months
Short-term borrowings, maturity period	3 months	3 months	3 months
Transfer of inventory to equipment on operating leases	$ 674	$ 794	$ 659
Accounts payable related to purchases of property and equipment	89	128	198
Interest:
Interest	661	692	766
Income taxes:
Income taxes	901	1,720	1,954
Equipment Operations
Interest:
Interest	471	506	511
Income taxes:
Income taxes	828	1,640	1,863
Financial Services
Interest:
Interest	443	454	502
Income taxes:
Income taxes	190	333	270
Intercompany Eliminations
Interest:
Interest	(253)	(268)	(247)
Income taxes:
Income taxes	$ (117)	$ (253)	$ (179)

PENSION AND OTHER POSTRETIREM70

PENSION AND OTHER POSTRETIREMENT BENEFITS (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Pensions
Net Periodic Cost
Service cost	$ 282	$ 244	$ 273
Interest cost	474	480	439
Expected return on plan assets	(769)	(776)	(778)
Amortization of actuarial (gain) loss	223	177	265
Amortization of prior service (credit) cost	25	25	12
Other postemployment benefits	1	5
Settlements/curtailments	11	9	2
Net cost	$ 247	$ 164	$ 213
Weighted-Average Assumptions
Discount rates (as a percent)	4.00%	4.50%	3.80%
Rate of compensation increase (as a percent)	3.80%	3.80%	3.90%
Expected long-term rates of return (as a percent)	7.30%	7.50%	7.80%
Health Care and Life Insurance
Net Periodic Cost
Service cost	$ 46	$ 44	$ 58
Interest cost	259	267	255
Expected return on plan assets	(55)	(72)	(84)
Amortization of actuarial (gain) loss	91	33	141
Amortization of prior service (credit) cost	(77)	(3)	(8)
Settlements/curtailments	1	(1)
Net cost	$ 265	$ 268	$ 362
Weighted-Average Assumptions
Discount rates (as a percent)	4.20%	4.70%	3.80%
Expected long-term rates of return (as a percent)	7.00%	7.20%	7.50%

PENSION AND OTHER POSTRETIREM71

PENSION AND OTHER POSTRETIREMENT BENEFITS (Details 2) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Pensions
Benefit Plan Costs Recognized in Other Comprehensive Income
Net cost	$ 247	$ 164	$ 213
Retirement Benefits Adjustments Included in Other Comprehensive (Income) Loss:
Net actuarial (gain) loss	361	940	(1,481)
Prior service (credit) cost	66		(26)
Amortization of actuarial (loss) gain	(223)	(177)	(265)
Amortization of prior service (cost) credit	(25)	(25)	(12)
Settlements/curtailments	(11)	(9)	(2)
Total (gain) loss recognized in other comprehensive (income) loss	168	729	(1,786)
Total recognized in comprehensive (income) loss	415	893	(1,573)
Health Care and Life Insurance
Benefit Plan Costs Recognized in Other Comprehensive Income
Net cost	265	268	362
Retirement Benefits Adjustments Included in Other Comprehensive (Income) Loss:
Net actuarial (gain) loss	(141)	748	(1,165)
Prior service (credit) cost	(3)	(370)	(2)
Amortization of actuarial (loss) gain	(91)	(33)	(141)
Amortization of prior service (cost) credit	77	3	8
Settlements/curtailments	(2)	1
Total (gain) loss recognized in other comprehensive (income) loss	(160)	349	(1,300)
Total recognized in comprehensive (income) loss	$ 105	$ 617	$ (938)

PENSION AND OTHER POSTRETIREM72

PENSION AND OTHER POSTRETIREMENT BENEFITS (Details 3) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Pensions
Change in benefit obligations
Beginning of year balance	$ (12,190)	$ (10,968)
Service cost	(282)	(244)	$ (273)
Interest cost	(474)	(480)	(439)
Actuarial gain (loss)	(174)	(1,306)
Amendments	(66)
Benefits paid	781	675
Other postemployment benefits	(1)	(5)
Settlements/curtailments	2	2
Foreign exchange and other	218	136
End of year balance	(12,186)	(12,190)	(10,968)
Change in plan assets (fair value)
Beginning of year balance	11,447	11,008
Actual return on plan assets	582	1,132
Employer contribution	83	87
Benefits paid	(781)	(675)
Settlements/curtailments	(2)	(2)
Foreign exchange and other	(165)	(103)
End of year balance	11,164	11,447	11,008
Funded status	$ (1,022)	$ (743)
Weighted-average assumptions
Discount rates (as a percent)	4.10%	4.00%
Rate of compensation increase (as a percent)	3.80%	3.80%
Health Care and Life Insurance
Change in benefit obligations
Beginning of year balance	$ (6,304)	$ (5,926)
Service cost	(46)	(44)	(58)
Interest cost	(259)	(267)	(255)
Actuarial gain (loss)	172	(757)
Amendments	3	370
Benefits paid	344	336
Health care subsidies	(20)	(22)
Settlements/curtailments	1
Foreign exchange and other	25	6
End of year balance	(6,084)	(6,304)	(5,926)
Change in plan assets (fair value)
Beginning of year balance	957	1,157
Actual return on plan assets	24	81
Employer contribution	48	51
Benefits paid	(344)	(336)
Foreign exchange and other	4	4
End of year balance	689	957	$ 1,157
Funded status	$ (5,395)	$ (5,347)
Weighted-average assumptions
Discount rates (as a percent)	4.30%	4.20%

PENSION AND OTHER POSTRETIREM73

PENSION AND OTHER POSTRETIREMENT BENEFITS (Details 4) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014
Amounts recognized in balance sheet
Noncurrent asset	$ 215.6	$ 262
Pensions
Amounts recognized in balance sheet
Noncurrent asset	216	262
Current liability	(44)	(51)
Noncurrent liability	(1,194)	(954)
Funded status	(1,022)	(743)
Amounts recognized in accumulated other comprehensive income - pretax
Net actuarial loss	4,393	4,266
Prior service cost (credit)	83	42
Total	4,476	4,308
Accumulated Benefit Obligations - Additional Disclosures
Accumulated benefit obligation for pension plans	11,508	11,425
Accumulated Benefit Obligations in Excess of Plan Assets
Accumulated benefit obligations for pension plans with accumulated benefit obligations in excess of plan assets	7,254	1,381
Fair value of plan assets for pension plans with accumulated benefit obligations in excess of plan assets	6,669	916
Projected Benefit Obligations in Excess of Plan Assets
Projected benefit obligations for pension plans with projected benefit obligations in excess of plan assets	8,196	8,213
Fair value of plan assets for pension plans with projected benefit obligations in excess of plan assets	6,958	7,208
Amounts in accumulated other comprehensive income that are expected to be amortized as net expense (income) during fiscal 2016
Net actuarial loss	208
Prior service cost (credit)	16
Total	224
Expected future employer contributions towards defined benefit plans, which are primarily direct benefit payments for unfunded plans	73
Benefits expected to be paid from the benefit plans, which reflect expected future years of service
2,016	697
2,017	688
2,018	685
2,019	690
2,020	694
2021 to 2025	3,484
Health Care and Life Insurance
Amounts recognized in balance sheet
Current liability	(20)	(21)
Noncurrent liability	(5,375)	(5,326)
Funded status	(5,395)	(5,347)
Amounts recognized in accumulated other comprehensive income - pretax
Net actuarial loss	1,442	1,675
Prior service cost (credit)	(334)	(407)
Total	1,108	$ 1,268
Amounts in accumulated other comprehensive income that are expected to be amortized as net expense (income) during fiscal 2016
Net actuarial loss	75
Prior service cost (credit)	(78)
Total	(3)
Expected future employer contributions towards defined benefit plans, which are primarily direct benefit payments for unfunded plans	25
Benefits expected to be paid from the benefit plans, which reflect expected future years of service
2,016	317
2,017	333
2,018	339
2,019	342
2,020	344
2021 to 2025	$ 1,766

PENSION AND OTHER POSTRETIREM74

PENSION AND OTHER POSTRETIREMENT BENEFITS (Details 5) - Health Care and Life Insurance - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014
Health care costs trend rates
Weighted average composite trend rate for first fiscal year following balance sheet date (as a percent)	0.80%	6.20%
Weighted average composite trend rate for second fiscal year following balance sheet date (as a percent)	7.90%
Ultimate weighted-average composite trend rate (as a percent)	4.80%	5.00%
Year that weighted-average composite trend rate reaches ultimate rate (year)	2,024	2,022
The changes in the accumulated postretirement benefit obligation and the aggregate of service and interest cost components of net periodic postretirement benefits cost due to one percentage point change in the assumed health care cost trend rate
Increase in accumulated postretirement benefit obligations due to one percentage point increase in the assumed health care cost trend rate	$ 807
Increase in aggregate of service and interest cost components of net periodic postretirement benefits cost for the year due to one percentage point increase in the assumed health care cost trend rate	45
Decrease in accumulated postretirement benefit obligations due to one percentage point decrease in the assumed health care cost trend rate	619
Decrease in aggregate of service and interest cost components of net periodic postretirement benefits cost for the year due to one percentage point decrease in the assumed health care cost trend rate	$ 34

PENSION AND OTHER POSTRETIREM75

PENSION AND OTHER POSTRETIREMENT BENEFITS (Details 6) - USD ($) $ in Millions	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Pensions
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	$ 11,164	$ 11,447	$ 11,008
Pensions | Level 1 and 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	6,821	7,029
Pensions | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	5,124	5,771
Pensions | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1,697	1,258
Pensions | Cash and Short-term Investments
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	867	977
Pensions | Cash and Short-term Investments | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	378	426
Pensions | Cash and Short-term Investments | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	489	551
Pensions | U.S. Equity Securities and Funds
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	3,075	3,088
Pensions | U.S. Equity Securities and Funds | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	3,053	3,088
Pensions | U.S. Equity Securities and Funds | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	22
Pensions | International Equity Securities and Funds
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		2,046
Pensions | International Equity Securities and Funds | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		2,046
Pensions | International Equity Securities
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1,802
Pensions | International Equity Securities | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1,781
Pensions | International Equity Securities | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	21
Pensions | Government and Agency Securities
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	386	434
Pensions | Government and Agency Securities | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	197	412
Pensions | Government and Agency Securities | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	189	22
Pensions | Corporate Debt Securities
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	751	322
Pensions | Corporate Debt Securities | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1	1
Pensions | Corporate Debt Securities | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	750	321
Pensions | Mortgage-Backed Securities
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	83	96
Pensions | Mortgage-Backed Securities | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		11
Pensions | Mortgage-Backed Securities | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	83	85
Pensions | Fixed Income Funds
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	26	127
Pensions | Fixed Income Funds | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	26	127
Pensions | Real Estate
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	133	132
Pensions | Real Estate | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	130	132
Pensions | Real Estate | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	3
Pensions | Derivative Contracts - Assets
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	190	322
Pensions | Derivative Contracts - Assets | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	25	14
Pensions | Derivative Contracts - Assets | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	165	308
Pensions | Derivative Contracts - Assets | Interest Rate Contracts
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	137	246
Pensions | Derivative Contracts - Assets | Foreign Exchange Contracts
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	17	61
Pensions | Derivative Contracts - Assets | Equity Contracts
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	30	11
Pensions | Derivative Contracts - Assets | Other Contracts
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	6	4
Pensions | Derivative Contracts - Liabilities
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(26)	(39)
Pensions | Derivative Contracts - Liabilities | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(4)	(9)
Pensions | Derivative Contracts - Liabilities | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(22)	(30)
Pensions | Derivative Contracts - Liabilities | Interest Rate Contracts
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(7)	(6)
Pensions | Derivative Contracts - Liabilities | Foreign Exchange Contracts
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(15)	(25)
Pensions | Derivative Contracts - Liabilities | Other Contracts
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(4)	(8)
Pensions | Receivables, Payables and Other
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	4	1
Pensions | Receivables, Payables and Other | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	3
Pensions | Receivables, Payables and Other | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1	1
Pensions | Securities Lending Collateral
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	745	847
Pensions | Securities Lending Collateral | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	92
Pensions | Securities Lending Collateral | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	653	847
Pensions | Securities Lending Liability
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(745)	(847)
Pensions | Securities Lending Liability | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(92)
Pensions | Securities Lending Liability | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(653)	(847)
Pensions | Securities Sold Short
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(470)	(477)
Pensions | Securities Sold Short | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(466)	(477)
Pensions | Securities Sold Short | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(4)
Pensions | Investments at Net Asset Value - Short-Term Investments
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	195	108
Pensions | Investments at Net Asset Value - U.S. Equity Funds
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	33	38
Pensions | Investments at Net Asset Value - International Equity Funds
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	540	382
Pensions | Investments at Net Asset Value - Corporate Debt Funds
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	26
Pensions | Investments at Net Asset Value - Fixed Income Funds
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	495	957
Pensions | Investments at Net Asset Value - Real Estate
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	501
Pensions | Investments at Net Asset Value - Real Estate Funds
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		442
Pensions | Investments at Net Asset Value - Hedge Funds
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	625	593
Pensions | Investments at Net Asset Value - Private Equity/Venture Capital
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1,604	1,578
Pensions | Investments at Net Asset Value - Other Investments
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	324	320
Health Care and Life Insurance
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	689	957	$ 1,157
Health Care and Life Insurance | Level 1 and 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	435	627
Health Care and Life Insurance | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	368	557
Health Care and Life Insurance | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	67	70
Health Care and Life Insurance | Cash and Short-term Investments
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	35	52
Health Care and Life Insurance | Cash and Short-term Investments | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	25	37
Health Care and Life Insurance | Cash and Short-term Investments | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	10	15
Health Care and Life Insurance | U.S. Equity Securities and Funds
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	229	310
Health Care and Life Insurance | U.S. Equity Securities and Funds | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	229	310
Health Care and Life Insurance | International Equity Securities
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	39	57
Health Care and Life Insurance | International Equity Securities | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	39	57
Health Care and Life Insurance | Government and Agency Securities
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	84	164
Health Care and Life Insurance | Government and Agency Securities | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	78	159
Health Care and Life Insurance | Government and Agency Securities | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	6	5
Health Care and Life Insurance | Corporate Debt Securities
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	35	33
Health Care and Life Insurance | Corporate Debt Securities | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	35	33
Health Care and Life Insurance | Mortgage-Backed Securities
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	13	13
Health Care and Life Insurance | Mortgage-Backed Securities | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	13	13
Health Care and Life Insurance | Fixed Income Funds
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1	1
Health Care and Life Insurance | Fixed Income Funds | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1	1
Health Care and Life Insurance | Real Estate
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	4	5
Health Care and Life Insurance | Real Estate | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	4	5
Health Care and Life Insurance | Derivative Contracts - Assets
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	4	5
Health Care and Life Insurance | Derivative Contracts - Assets | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1
Health Care and Life Insurance | Derivative Contracts - Assets | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	3	5
Health Care and Life Insurance | Derivative Contracts - Assets | Interest Rate Contracts
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	2	3
Health Care and Life Insurance | Derivative Contracts - Assets | Foreign Exchange Contracts
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1	2
Health Care and Life Insurance | Derivative Contracts - Assets | Equity Contracts
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1
Health Care and Life Insurance | Derivative Contracts - Liabilities
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		(1)
Health Care and Life Insurance | Derivative Contracts - Liabilities | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		(1)
Health Care and Life Insurance | Derivative Contracts - Liabilities | Foreign Exchange Contracts
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		(1)
Health Care and Life Insurance | Receivables, Payables and Other
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1	1
Health Care and Life Insurance | Receivables, Payables and Other | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1	1
Health Care and Life Insurance | Securities Lending Collateral
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	65	126
Health Care and Life Insurance | Securities Lending Collateral | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	9
Health Care and Life Insurance | Securities Lending Collateral | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	56	126
Health Care and Life Insurance | Securities Lending Liability
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(65)	(126)
Health Care and Life Insurance | Securities Lending Liability | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(9)
Health Care and Life Insurance | Securities Lending Liability | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(56)	(126)
Health Care and Life Insurance | Securities Sold Short
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(10)	(13)
Health Care and Life Insurance | Securities Sold Short | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(10)	(13)
Health Care and Life Insurance | Investments at Net Asset Value - Short-Term Investments
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	4	3
Health Care and Life Insurance | Investments at Net Asset Value - International Equity Funds
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	103	121
Health Care and Life Insurance | Investments at Net Asset Value - Fixed Income Funds
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	47	69
Health Care and Life Insurance | Investments at Net Asset Value - Real Estate Funds
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	10	12
Health Care and Life Insurance | Investments at Net Asset Value - Hedge Funds
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	50	72
Health Care and Life Insurance | Investments at Net Asset Value - Private Equity/Venture Capital
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	34	44
Health Care and Life Insurance | Investments at Net Asset Value - Other Investments
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	$ 6	$ 9

PENSION AND OTHER POSTRETIREM76

PENSION AND OTHER POSTRETIREMENT BENEFITS (Details 7) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Actual pension asset returns
Extended period of time used to determine if fundamental changes in capital markets affect plan asset return assumptions, low end of range	10 years
Extended period of time used to determine if fundamental changes in capital markets affect plan asset return assumptions, high end of range	20 years
Average annual return of company's U.S. pension fund over past 10 years (as a percent)	8.00%
Average annual return of company's U.S. pension fund over past 20 years (as a percent)	9.00%
Defined contribution plans related to employee investment and savings primarily in the U.S.
Defined contribution plans employer contributions and costs (primarily in the U.S.)	$ 185	$ 184	$ 178
Pensions
Actual pension asset returns
Market related value period	5 years
Pensions | Real Estate
Target asset allocations, pension and health care plan assets
Target allocation percentage	5.00%
Pensions | Equity Securities
Target asset allocations, pension and health care plan assets
Target allocation percentage	49.00%
Pensions | Debt Securities
Target asset allocations, pension and health care plan assets
Target allocation percentage	24.00%
Pensions | Other Investments
Target asset allocations, pension and health care plan assets
Target allocation percentage	22.00%
Health Care and Life Insurance | Real Estate
Target asset allocations, pension and health care plan assets
Target allocation percentage	4.00%
Health Care and Life Insurance | Equity Securities
Target asset allocations, pension and health care plan assets
Target allocation percentage	53.00%
Health Care and Life Insurance | Debt Securities
Target asset allocations, pension and health care plan assets
Target allocation percentage	28.00%
Health Care and Life Insurance | Other Investments
Target asset allocations, pension and health care plan assets
Target allocation percentage	15.00%

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Current:
U.S. - Federal	$ 377	$ 1,217	$ 1,405
U.S. - State	32	126	145
Foreign	449	564	569
Total current	858	1,907	2,119
Deferred:
U.S. - Federal	21	(189)	(117)
U.S. - State	4	(11)	(11)
Foreign	(43)	(80)	(45)
Total deferred	(18.4)	(280.1)	(172.6)
Provision for income taxes	840.1	1,626.5	1,945.9
Consolidated income before income taxes, U.S.	1,838	3,219	4,124
Consolidated income before income taxes, foreign	$ 942	$ 1,578	$ 1,359

INCOME TAXES (Details 2)

INCOME TAXES (Details 2) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Comparison of the statutory and effective income tax provision
U.S. federal income tax provision statutory rate (as a percent)	35.00%	35.00%	35.00%
U.S. federal income tax provision at a statutory rate of 35 percent	$ 973	$ 1,679	$ 1,919
Increase (decrease) resulting from:
State and local income taxes, net of federal income tax benefit	23	75	87
German branch deferred tax write-off			56
Differences in taxability of foreign (earnings) losses	(449)	(305)	43
Nondeductible impairment charges		32	29
Research and business tax credits	(76)	(99)	(56)
Tax rates on foreign activities	(36)	(71)	(34)
Valuation allowance on deferred taxes	384	454	(14)
Other - net	21	(138)	(84)
Provision for income taxes	840.1	$ 1,626.5	$ 1,945.9
Accumulated earnings of certain foreign subsidiaries for which no provision for U.S. income or foreign withholding taxes has been made	5,282
Determination of the amount of unrecognized deferred tax liability on unremitted earnings	0
Cash and cash equivalents and marketable securities held by foreign subsidiaries	$ 1,588

INCOME TAXES (Details 3)

INCOME TAXES (Details 3) - USD ($) $ in Millions	3 Months Ended
	Apr. 30, 2013	Oct. 31, 2015	Oct. 31, 2014
Deferred Tax Assets
Other postretirement benefit liabilities		$ 1,972	$ 1,968
Accrual for sales allowances		618	654
Tax loss and tax credit carryforwards		604	514
Foreign unrealized losses		458	146
Pension liabilities - net		315	160
Accrual for employee benefits		172	229
Share-based compensation		141	145
Inventory			22
Allowance for credit losses		72	73
Deferred gains on distributed foreign earnings		33	32
Deferred compensation		51	47
Other items, assets		436	440
Less valuation allowances		(940)	(637)
Deferred income tax, assets		3,932	3,793
Deferred Tax Liabilities
Tax over book depreciation		574	542
Lease transactions		528	404
Goodwill and other intangible assets		80	89
Undistributed foreign earnings		25	26
Other items, liabilities		119	116
Deferred income tax, liabilities		1,326	$ 1,177
Additional Deferred Income Tax Information
Capital losses		88
Tax loss and tax credit carryforwards, expiring from 2016 through 2035		226
Tax loss and tax credit carryforwards with an indefinite carryforward period		$ 378
Write-off of net deferred tax assets related to German operations restructure	$ 56

INCOME TAXES (Details 4)

INCOME TAXES (Details 4) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Reconciliation of the Total Amounts of Unrecognized Tax Benefits
Beginning of year balance	$ 213	$ 272	$ 265
Increases to tax positions taken during the current year	32	28	30
Increases to tax positions taken during prior years	29	20	24
Decreases to tax positions taken during prior years	(15)	(84)	(51)
Decreases due to lapse of statute of limitations	(11)	(4)	(5)
Settlements	(6)
Foreign exchange	(13)	(19)	9
End of year balance	229	213	272
Unrecognized tax benefits affecting effective tax rate if recognized	79
Total amount of expense from interest and penalties	23	11	9
Interest income on income tax examination	3	4	$ 4
Accrued interest and penalties on income tax	69	54
Interest income receivable on income tax examination	$ 2	$ 2

OTHER INCOME AND OTHER OPERAT81

OTHER INCOME AND OTHER OPERATING EXPENSES (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Other Income
Insurance premiums and fees earned	$ 173	$ 297	$ 252
Revenues from services	280	276	256
Investment income	26	17	15
Other	228	234	159
Total	$ 706.5	$ 824.2	$ 682.4

OTHER INCOME AND OTHER OPERAT82

OTHER INCOME AND OTHER OPERATING EXPENSES (Details 2) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Other Operating Expenses
Depreciation of equipment on operating leases	$ 577	$ 494	$ 389
Insurance claims and expenses	183	324	204
Cost of services	160	151	143
Other	41	124	85
Total	961.1	1,093.3	820.6
Premiums ceded by the crop insurance subsidiary	54	288	337
Claims recoveries	$ 65	$ 304	$ 294

UNCONSOLIDATED AFFILIATED COM83

UNCONSOLIDATED AFFILIATED COMPANIES (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Operations
Sales	$ 3,290	$ 3,082	$ 2,299
Net income (loss)	23	1	10
Deere & Company's equity in net income (loss)	0.9	(7.6)	0.1
Financial Position
Total assets	2,139	2,101
Total external borrowings	660	648
Total net assets	878	842
Deere & Company's share of the net assets	303.5	303.2	221
Transactions with Unconsolidated Affiliated Companies
Net Sales	37	39	54
Purchases	1,284	1,415	1,427
Undistributed earnings of the unconsolidated affiliates included in consolidated retained earnings	165
Dividends from unconsolidated affiliates	$ 1	$ 1	$ 10
Bell Equipment Limited
Equity Method Investments
Ownership percentage in equity method investee	32.00%
Deere-Hitachi Construction Machinery Corporation
Equity Method Investments
Ownership percentage in equity method investee	50.00%
Deere-Hitachi Maquinas de Construcao do Brasil S.A.
Equity Method Investments
Ownership percentage in equity method investee	50.00%
SiteOne Landscapes Supply, LLC
Equity Method Investments
Ownership percentage in equity method investee	35.00%

MARKETABLE SECURITIES (Details)

MARKETABLE SECURITIES (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014
Amortized cost and fair value of marketable securities
Amortized Cost	$ 423	$ 1,198
Gross Unrealized Gains	17	22
Gross Unrealized Losses	3	5
Fair Value	437.4	1,215.1
Equity Fund
Amortized cost and fair value of marketable securities
Amortized Cost	38	39
Gross Unrealized Gains	5	6
Fair Value	43	45
Fixed Income Funds
Amortized cost and fair value of marketable securities
Amortized Cost		10
Fair Value		10
U.S. Government Debt Securities
Amortized cost and fair value of marketable securities
Amortized Cost	79	806
Gross Unrealized Gains	3	3
Gross Unrealized Losses		1
Fair Value	82	808
Municipal Debt Securities
Amortized cost and fair value of marketable securities
Amortized Cost	29	31
Gross Unrealized Gains	2	3
Fair Value	31	34
Corporate Debt Securities
Amortized cost and fair value of marketable securities
Amortized Cost	121	167
Gross Unrealized Gains	4	7
Gross Unrealized Losses	1	2
Fair Value	124	172
International Debt Securities
Amortized cost and fair value of marketable securities
Amortized Cost	48
Gross Unrealized Losses	1
Fair Value	47
Mortgage-Backed Securities
Amortized cost and fair value of marketable securities
Amortized Cost	108	145
Gross Unrealized Gains	3	3
Gross Unrealized Losses	1	2
Fair Value	$ 110	$ 146

MARKETABLE SECURITIES (Details

MARKETABLE SECURITIES (Details 2) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Contractual Maturities of Debt Securities, Amortized Cost
Amortized cost, due in one year or less	$ 51
Amortized cost, due after one through five years	88
Amortized cost, due after five through 10 years	99
Amortized cost, due after 10 years	40
Amortized cost, mortgage-backed securities	108
Amortized cost, debt securities	386
Contractual Maturities of Debt Securities, Fair Value
Fair value, due in one year or less	50
Fair value, due after one through five years	91
Fair value, due after five through 10 years	101
Fair value, due after 10 years	42
Fair value, mortgage-backed securities	110
Fair value, debt securities	394
Proceeds from the sales of available-for-sale securities	120	$ 6	$ 7
Losses related to impairment write-downs	$ 0	$ 0	$ 0

RECEIVABLES (Details)

RECEIVABLES (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014
Trade Accounts and Notes Receivable
Trade accounts and notes receivable - net	$ 3,051.1	$ 3,277.6
Dealer notes receivable	90	61
Allowance for credit losses	$ 41	55
Interest-free periods granted at the time of sale to the dealer, low end of range	1 month
Interest-free periods granted at the time of sale to the dealer, high end of range	12 months
Agriculture and Turf
Trade Accounts and Notes Receivable
Trade accounts and notes receivable - net	$ 2,278	2,633
Construction and Forestry
Trade Accounts and Notes Receivable
Trade accounts and notes receivable - net	$ 773	$ 645

RECEIVABLES (Details 2)

RECEIVABLES (Details 2) - USD ($) $ in Millions	Oct. 31, 2015	Oct. 31, 2014
Financing receivables, Unrestricted
Financing receivables, gross	$ 25,787	$ 28,472
Unearned finance income	834	889
Allowance for credit losses	144	161
Financing receivables - net	24,809	27,422.2
Residual values for investments in financing leases	115	112
Financing Receivables, Securitized
Financing receivables, gross	4,922	4,672
Unearned finance income	74	56
Allowance for credit losses	13	14
Financing receivables-net	4,834.6	4,602.3
Related to Sales of Equipment
Financing receivables, Unrestricted
Financing receivables, gross	7,107	8,762
Unearned finance income	223	269
Financing receivables - net	6,884	8,493
Retail Notes
Financing receivables, Unrestricted
Financing receivables, gross	17,445	18,921
Financing Receivables, Securitized
Financing receivables, gross	4,922	4,672
Equipment Notes
Financing receivables, Unrestricted
Unearned finance income	726	753
Financing Receivables, Securitized
Unearned finance income	74	56
Equipment Notes | Related to Sales of Equipment
Financing receivables, Unrestricted
Financing receivables, gross	2,148	2,528
Unearned finance income	178	212
Equipment Notes | Agriculture and Turf
Financing receivables, Unrestricted
Financing receivables, gross	15,359	16,970
Financing Receivables, Securitized
Financing receivables, gross	4,236	3,975
Equipment Notes | Agriculture and Turf | Related to Sales of Equipment
Financing receivables, Unrestricted
Financing receivables, gross	1,792	2,125
Equipment Notes | Construction and Forestry
Financing receivables, Unrestricted
Financing receivables, gross	2,086	1,951
Financing Receivables, Securitized
Financing receivables, gross	686	697
Equipment Notes | Construction and Forestry | Related to Sales of Equipment
Financing receivables, Unrestricted
Financing receivables, gross	356	403
Wholesale Notes
Financing receivables, Unrestricted
Financing receivables, gross	4,269	5,390
Wholesale Notes | Related to Sales of Equipment
Financing receivables, Unrestricted
Financing receivables, gross	4,269	5,390
Revolving Charge Accounts
Financing receivables, Unrestricted
Financing receivables, gross	2,740	2,603
Financing Leases
Financing receivables, Unrestricted
Financing receivables, gross	1,333	1,558
Unearned finance income	108	136
Sales-type Leases | Related to Sales of Equipment
Financing receivables, Unrestricted
Financing receivables, gross	690	844
Unearned finance income	$ 45	$ 57

RECEIVABLES (Details 3)

RECEIVABLES (Details 3) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014
Financing Receivable Installments, Unrestricted
Financing receivables, Due in months: 0 - 12	$ 13,006	$ 14,357
Financing receivables, Due in months: 13 - 24	4,987	5,254
Financing receivables, Due in months: 25 - 36	3,719	4,053
Financing receivables, Due in months: 37 - 48	2,444	2,819
Financing receivables, Due in months: 49 - 60	1,283	1,575
Financing receivables, Due in months: Thereafter (greater than 60 months)	348	414
Financing receivables - gross	25,787	28,472
Financing Receivable Installments, Securitized
Financing receivables, Due in months: 0 - 12	2,057	1,878
Financing receivables, Due in months: 13 - 24	1,418	1,331
Financing receivables, Due in months: 25 - 36	921	880
Financing receivables, Due in months: 37 - 48	426	457
Financing receivables, Due in months: 49 - 60	95	120
Financing receivables, Due in months: Thereafter (greater than 60 months)	5	6
Financing receivables - gross	4,922	4,672
Financing Receivables - Other Disclosures
Unpaid balances of receivables administered but not owned	22	54
Financing receivables administered	29,666	32,078
Retail Notes
Financing Receivable Installments, Unrestricted
Financing receivables - gross	17,445	18,921
Financing Receivable Installments, Securitized
Financing receivables - gross	$ 4,922	4,672
Retail Notes | Agriculture and Turf
Financing Receivables - Other Disclosures
Maximum terms for notes and financing leases	7 years
Retail Notes | Construction and Forestry
Financing Receivables - Other Disclosures
Maximum terms for notes and financing leases	5 years
Wholesale Notes
Financing Receivable Installments, Unrestricted
Financing receivables - gross	$ 4,269	5,390
Financing Receivables - Other Disclosures
Term that the average term for wholesale notes is less than	12 months
Financing Leases
Financing Receivable Installments, Unrestricted
Financing receivables - gross	$ 1,333	$ 1,558
Financing Receivables - Other Disclosures
Maximum terms for notes and financing leases	5 years

RECEIVABLES (Details 4)

RECEIVABLES (Details 4) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
RECEIVABLES
Minimum number of days for a financing receivable to be considered past due	30 days
Generally the number of days before a receivable is considered to be non-performing, accrual of finance income is suspended and the estimated uncollectible amount is written off	120 days
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	$ 381	$ 288
Total Non-Performing	142	141
Current	29,278	31,770
Total Financing Receivables	29,801	32,199	$ 29,959
Less allowance for credit losses	157	175	173	$ 177
Total financing receivables - net	29,644	32,024
30-59 Days Past Due
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	215	182
60-89 Days Past Due
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	100	65
90 Days or Greater Past Due
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	66	41
Retail Notes
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Financing Receivables	21,567	22,784	21,160
Less allowance for credit losses	95	109	$ 101	$ 110
Retail Notes | Agriculture and Turf
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	213	155
Total Non-Performing	98	107
Current	18,574	19,966
Total Financing Receivables	18,885	20,228
Retail Notes | Agriculture and Turf | 30-59 Days Past Due
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	112	93
Retail Notes | Agriculture and Turf | 60-89 Days Past Due
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	54	34
Retail Notes | Agriculture and Turf | 90 Days or Greater Past Due
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	47	28
Retail Notes | Construction and Forestry
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	105	77
Total Non-Performing	21	17
Current	2,556	2,462
Total Financing Receivables	2,682	2,556
Retail Notes | Construction and Forestry | 30-59 Days Past Due
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	64	54
Retail Notes | Construction and Forestry | 60-89 Days Past Due
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	29	16
Retail Notes | Construction and Forestry | 90 Days or Greater Past Due
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	12	7
Other Financing Receivables | Agriculture and Turf
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	42	37
Total Non-Performing	13	15
Current	7,175	8,208
Total Financing Receivables	7,230	8,260
Other Financing Receivables | Agriculture and Turf | 30-59 Days Past Due
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	26	23
Other Financing Receivables | Agriculture and Turf | 60-89 Days Past Due
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	12	12
Other Financing Receivables | Agriculture and Turf | 90 Days or Greater Past Due
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	4	2
Other Financing Receivables | Construction and Forestry
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	21	19
Total Non-Performing	10	2
Current	973	1,134
Total Financing Receivables	1,004	1,155
Other Financing Receivables | Construction and Forestry | 30-59 Days Past Due
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	13	12
Other Financing Receivables | Construction and Forestry | 60-89 Days Past Due
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	5	3
Other Financing Receivables | Construction and Forestry | 90 Days or Greater Past Due
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	$ 3	$ 4

RECEIVABLES (Details 5)

RECEIVABLES (Details 5) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Allowance:
Beginning of year balance	$ 175	$ 173	$ 177
Provision (credit)	46	31	10
Write-offs	(67)	(49)	(35)
Recoveries	26	26	27
Translation adjustments	(23)	(6)	(6)
End of year balance	157	175	173
Financing receivables:
End of year balance	29,801	32,199	29,959
Balance individually evaluated	46	27	54
Retail Notes
Allowance:
Beginning of year balance	109	101	110
Provision (credit)	22	18	(2)
Write-offs	(26)	(16)	(11)
Recoveries	10	11	9
Translation adjustments	(20)	(5)	(5)
End of year balance	95	109	101
Financing receivables:
End of year balance	21,567	22,784	21,160
Balance individually evaluated	40	26	21
Revolving Charge Accounts
Allowance:
Beginning of year balance	41	41	40
Provision (credit)	21	11	5
Write-offs	(37)	(26)	(21)
Recoveries	15	15	17
End of year balance	40	41	41
Financing receivables:
End of year balance	2,740	2,603	2,593
Other Financing Receivables
Allowance:
Beginning of year balance	25	31	27
Provision (credit)	3	2	7
Write-offs	(4)	(7)	(3)
Recoveries	1		1
Translation adjustments	(3)	(1)	(1)
End of year balance	22	25	31
Financing receivables:
End of year balance	5,494	6,812	6,206
Balance individually evaluated	$ 6	$ 1	$ 33

RECEIVABLES (Details 6)

RECEIVABLES (Details 6) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014
Analysis of Impaired Financing Receivables
Recorded investment, with specific allowance	$ 14	$ 9
Recorded investment, without specific allowance	14	6
Recorded Investment	28	15
Unpaid principal balance, with specific allowance	13	9
Unpaid principal balance, without specific allowance	14	6
Unpaid Principal Balance	27	15
Specific allowance, with allowance	2	2
Specific Allowance	2	2
Average recorded investment, with specific allowance	13	10
Average recorded investment, without specific allowance	20	7
Average Recorded Investment	$ 33	$ 17
Additional Financing Receivable Information
Period for a financing receivable to be considered past due	30 days
Percentage of past-due amounts to total financing receivables	1.28%	0.90%
Allowance for credit losses as a percentage of financing receivables outstanding	0.53%	0.54%
Financial Services
Additional Financing Receivable Information
Deposits withheld from dealers and merchants available for potential credit losses	$ 179	$ 196
Agriculture and Turf
Analysis of Impaired Financing Receivables
Recorded Investment	19	12
Unpaid Principal Balance	18	12
Specific Allowance	2	2
Average Recorded Investment	20	13
Construction and Forestry
Analysis of Impaired Financing Receivables
Recorded Investment	9	3
Unpaid Principal Balance	9	3
Average Recorded Investment	$ 13	$ 4

RECEIVABLES (Details 7)

RECEIVABLES (Details 7) $ in Millions	12 Months Ended
	Oct. 31, 2015USD ($)item	Oct. 31, 2014USD ($)item	Oct. 31, 2013USD ($)item
Financing Receivables Related to Troubled Debt Restructurings
Financing receivable contracts in troubled debt restructuring, number | item	107	66	92
Financing receivables in troubled debt restructurings, aggregate balances, pre-modification	$ 8	$ 3	$ 16
Financing receivables in troubled debt restructurings, aggregate balances, post-modification	$ 7	2	$ 15
Number of troubled debt restructurings that subsequently defaulted | item	0
Commitments to lend additional funds to borrowers whose accounts were modified in troubled debt restructurings	$ 0
Other Receivables:
Taxes receivable	720	697
Reinsurance receivables		502
Insurance premium receivables		23
Other	271	278
Other receivables	$ 991.2	$ 1,500.3

SECURITIZATION OF FINANCING R93

SECURITIZATION OF FINANCING RECEIVABLES (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Aug. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Securitization Transactions
Unconsolidated conduits, carrying value of liabilities	$ 1,611
Unconsolidated conduits, maximum exposure to loss	1,689
Total Assets	57,947.6		$ 61,336.4	$ 59,521
Financing receivables securitized (retail notes)	4,848		4,616
Allowance for credit losses - securitization transactions	(13)		(14)
Other assets - securitization transactions	109		108
Total restricted securitized assets - securitization transactions	4,944		4,710
Short-term securitization borrowings	4,590		4,558.5
Accrued interest on borrowings - securitization transactions	2		1
Total liabilities related to restricted securitized assets - securitization transactions	$ 4,592		4,560
Maximum remaining term of all restricted securitized retail notes	6 years
VIE-Primary Beneficiary
Securitization Transactions
Total restricted securitized assets - securitization transactions	$ 3,006		3,011
Restricted securitized assets - securitization transaction retained	189	$ 228
Total liabilities related to restricted securitized assets - securitization transactions	2,743		2,942
Non-VIE Banking Operation
Securitization Transactions
Total restricted securitized assets - securitization transactions	249		368
Total liabilities related to restricted securitized assets - securitization transactions	238		351
VIE-Not Primary Beneficiary
Securitization Transactions
Total Assets	54,000
Total restricted securitized assets - securitization transactions	1,689		1,331
Total liabilities related to restricted securitized assets - securitization transactions	$ 1,611		$ 1,267

EQUIPMENT ON OPERATING LEASES94

EQUIPMENT ON OPERATING LEASES (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Initial lease terms, operating, low end of range	4 months
Initial lease terms, operating, high end of range	60 months
Equipment on operating leases - net	$ 4,970.4	$ 4,015.5
Accumulated depreciation for equipment on operating leases	793	634
Depreciation expense for equipment on operating leases	577	494	$ 389
Future payments to be received on operating leases
Future payments receivable, operating leases, total	1,704
Future payments receivable, operating leases, 2016	712
Future payments receivable, operating leases, 2017	508
Future payments receivable, operating leases, 2018	294
Future payments receivable, operating leases, 2019	156
Future payments receivable, operating leases, 2020	34
Agriculture and Turf
Equipment on operating leases - net	3,909	3,261
Construction and Forestry
Equipment on operating leases - net	$ 1,061	$ 755

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014
INVENTORIES
Gross inventories on LIFO basis expressed as percentage of worldwide gross inventories at FIFO	66.00%	65.00%
Pretax favorable income effect from the liquidation of LIFO inventory	$ 22	$ 13
Raw materials and supplies	1,559	1,724
Work-in-process	450	654
Finished goods and parts	3,234	3,360
Total FIFO value	5,243	5,738
Less adjustment to LIFO value	1,426	1,528
Inventories	$ 3,817	$ 4,209.7

PROPERTY AND DEPRECIATION (Deta

PROPERTY AND DEPRECIATION (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Summary of property and equipment
Property and equipment-net	$ 5,181.5	$ 5,577.8	$ 5,467
Property and equipment, additions	666	1,016	1,158
Depreciation	692	696	637
Capitalized interest	6	6	13
Leased property and equipment under capital leases, at cost	27	36
Accumulated depreciation on leased property and equipment under capital leases	$ 14	15
Capitalized computer software estimated useful life	3 years
Capitalized software costs, including purchased and internally developed software	$ 934	912
Capitalized software, accumulated amortization	681	656
Capitalized interest on software	2
Amortization of capitalized computer software costs	103	106	$ 93
Leased software assets under capital leases	86	77
Equipment Operations
Summary of property and equipment
Total property and equipment at cost	10,972	11,217
Less accumulated depreciation	5,846	5,694
Property and equipment-net	5,126.2	5,522.5
Equipment Operations | Land
Summary of property and equipment
Total property and equipment at cost	$ 114	120
Equipment Operations | Buildings and Building Equipment
Summary of property and equipment
Weighted-average useful lives	23 years
Total property and equipment at cost	$ 3,016	3,037
Equipment Operations | Machinery and Equipment
Summary of property and equipment
Weighted-average useful lives	11 years
Total property and equipment at cost	$ 5,055	5,089
Equipment Operations | Dies, Patterns, Tools, etc
Summary of property and equipment
Weighted-average useful lives	8 years
Total property and equipment at cost	$ 1,567	1,552
Equipment Operations | All Other
Summary of property and equipment
Weighted-average useful lives	5 years
Total property and equipment at cost	$ 875	889
Equipment Operations | Construction in Progress
Summary of property and equipment
Total property and equipment at cost	345	530
Financial Services
Summary of property and equipment
Total property and equipment at cost	113	112
Less accumulated depreciation	58	57
Property and equipment-net	55.3	55.3
Financial Services | Land
Summary of property and equipment
Total property and equipment at cost	$ 4	4
Financial Services | Buildings and Building Equipment
Summary of property and equipment
Weighted-average useful lives	27 years
Total property and equipment at cost	$ 73	71
Financial Services | All Other
Summary of property and equipment
Weighted-average useful lives	6 years
Total property and equipment at cost	$ 36	$ 37

GOODWILL AND OTHER INTANGIBLE97

GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014
Changes in Amounts of Goodwill
Goodwill - gross, beginning balance	$ 791	$ 905
Less accumulated impairment losses, beginning balance		60
Goodwill - net, beginning balance	791.2	845
Divestiture		(60)
Translation adjustments and other	(65)	(54)
Goodwill - gross, ending balance		791
Goodwill - net, ending balance	726	791.2
Water Operations | Disposal Group
Changes in Amounts of Goodwill
Decrease in accumulated impairment losses		60
Agriculture and Turf
Changes in Amounts of Goodwill
Goodwill - gross, beginning balance	235	302
Less accumulated impairment losses, beginning balance		60
Goodwill - net, beginning balance	235	242
Divestiture		(60)
Translation adjustments and other	(8)	(7)
Goodwill - gross, ending balance		235
Goodwill - net, ending balance	227	235
Construction and Forestry
Changes in Amounts of Goodwill
Goodwill - gross, beginning balance	556	603
Goodwill - net, beginning balance	556	603
Translation adjustments and other	(57)	(47)
Goodwill - gross, ending balance		556
Goodwill - net, ending balance	$ 499	$ 556

GOODWILL AND OTHER INTANGIBLE98

GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Details 2) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014
Amortized Intangible Assets:
Total at cost	$ 119	$ 110
Less accumulated amortization	55	45
Total amortized intangible assets - net	64	65
Unamortized intangible assets:
Licenses		4
Intangible assets - net (excluding goodwill)
Other intangible assets - net	63.6	68.8
Customer Lists and Relationships
Amortized Intangible Assets:
Total at cost	23	20
Less accumulated amortization	$ 10	9
Useful Lives (weighted averages)	14 years
Technology, Patents, Trademarks and Other
Amortized Intangible Assets:
Total at cost	$ 96	90
Less accumulated amortization	$ 45	$ 36
Useful Lives (weighted averages)	17 years

GOODWILL AND OTHER INTANGIBLE99

GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Details 3) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Amortized Intangible Assets:
Amortization expense of other intangible assets	$ 10	$ 11	$ 22
Amortization expense of other intangible assets - 2016	12
Amortization expense of other intangible assets - 2017	12
Amortization expense of other intangible assets - 2018	8
Amortization expense of other intangible assets - 2019	5
Amortization expense of other intangible assets - 2020	$ 5

TOTAL SHORT-TERM BORROWINGS (De

TOTAL SHORT-TERM BORROWINGS (Details) - USD ($) $ in Millions	Oct. 31, 2015	Oct. 31, 2014
Short-term borrowings
Short-term borrowings	$ 8,426.6	$ 8,019.2
Short-term securitization borrowings	4,590	4,558.5
Total short-term borrowings	$ 13,017	$ 12,578
Weighted-average interest rates on total short-term borrowings, excluding current maturities of long-term borrowings (as a percent)	0.90%	1.00%
Equipment Operations
Short-term borrowings
Short-term borrowings	$ 464.3	$ 434.1
Equipment Operations | Commercial Paper
Short-term borrowings
Short-term borrowings	225	45
Equipment Operations | Notes Payable to Banks
Short-term borrowings
Short-term borrowings	154	146
Equipment Operations | Long-term Borrowings Due Within One Year
Short-term borrowings
Short-term borrowings	86	243
Financial Services
Short-term borrowings
Short-term borrowings	7,962.3	7,585.1
Short-term securitization borrowings	4,590	4,558.5
Financial Services | Commercial Paper
Short-term borrowings
Short-term borrowings	2,743	2,588
Financial Services | Notes Payable to Banks
Short-term borrowings
Short-term borrowings	52	267
Financial Services | Short-term securitization borrowings
Short-term borrowings
Payment schedule for securitization borrowings based on expected liquidation of the retail notes, 2016	2,337
Payment schedule for securitization borrowings based on expected liquidation of the retail notes, 2017	1,413
Payment schedule for securitization borrowings based on expected liquidation of the retail notes, 2018	661
Payment schedule for securitization borrowings based on expected liquidation of the retail notes, 2019	157
Payment schedule for securitization borrowings based on expected liquidation of the retail notes, 2020	21
Payment schedule for securitization borrowings based on expected liquidation of the retail notes, 2021	1
Financial Services | Long-term Borrowings Due Within One Year
Short-term borrowings
Short-term borrowings	$ 5,167	$ 4,730

TOTAL SHORT-TERM BORROWINGS 101

TOTAL SHORT-TERM BORROWINGS (Details 2) $ in Millions	12 Months Ended
	Oct. 31, 2015USD ($)
Line of Credit Facility
Lines of credit available from U.S. and foreign banks	$ 7,205
Lines of credit unused	$ 4,031
Agreement with Capital Corporation
Minimum ownership percentage of Capital Corporation's capital stock	51.00%
Minimum consolidated tangible net worth of Capital Corporation to be maintained	$ 50
Minimum ratio of earnings to fixed charges to be maintained (as a percent)	1.05
Equipment Operations
Line of Credit Facility
Ratio of total debt to total capital (total debt and stockholders' equity excluding accumulated other comprehensive income (loss)) required by the credit agreements, maximum at the end of each fiscal quarter (as a percent)	65.00%
Excess equity capacity and retained earnings balance free of restriction	$ 8,835
Additional debt capacity	16,408
Line of Credit Facilities Expiring April, 2019
Line of Credit Facility
Lines of credit available from U.S. and foreign banks	2,900
Line of Credit Facilities Expiring April, 2020
Line of Credit Facility
Lines of credit available from U.S. and foreign banks	$ 2,900
Capital Corporation
Line of Credit Facility
Consolidated ratio of earnings to fixed charges required by the credit agreements, minimum at the end of each fiscal quarter (as a percent)	1.05
Ratio of senior debt, excluding securitization indebtedness, to capital base (total subordinated debt and stockholder's equity excluding accumulated other comprehensive income (loss)) required by the credit agreements, maximum at the end of any fiscal quarter (as a percent)	11

ACCOUNTS PAYABLE AND ACCRUED102

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) - USD ($) $ in Millions	Oct. 31, 2015	Oct. 31, 2014
Accrued expenses:
Total	$ 7,311.5	$ 8,554.1
Eliminations
Accrued expenses:
Total	(1,001)	(991)
Equipment Operations
Accounts payable:
Trade payables	1,435	1,661
Dividends payable	193	210
Other	186	208
Accrued expenses:
Dealer sales discounts	1,423	1,551
Employee benefits	1,122	1,350
Product warranties	807	809
Unearned revenue	379	355
Other	1,256	1,374
Total	6,801.2	7,518.4
Financial Services
Accounts payable:
Deposits withheld from dealers and merchants	179	196
Other	258	468
Accrued expenses:
Employee benefits	71	87
Unearned revenue	671	647
Accrued interest	111	103
Insurance claims reserve	29	247
Other	192	279
Total	$ 1,511.2	$ 2,027

LONG-TERM BORROWINGS (Details)

LONG-TERM BORROWINGS (Details) - USD ($) $ in Millions	Oct. 31, 2015	Oct. 31, 2014
Notes and debentures
Long-term borrowings	$ 23,832.8	$ 24,380.7
Equipment Operations
Notes and debentures
Long-term borrowings	4,460.6	4,642.5
Principal Amounts of Long-Term Borrowings Maturing In Next Five Years
2,016	86
2,017	48
2,018	63
2,019	752
2,020	2
Equipment Operations | 4.375% Notes Due 2019
Notes and debentures
Long-term borrowings	$ 750	$ 750
Debt instrument, stated interest rate	4.375%	4.375%
Equipment Operations | 8-1/2% Debentures Due 2022
Notes and debentures
Long-term borrowings	$ 105	$ 105
Debt instrument, stated interest rate	8.50%	8.50%
Equipment Operations | 2.60% Notes Due 2022
Notes and debentures
Long-term borrowings	$ 1,000	$ 1,000
Debt instrument, stated interest rate	2.60%	2.60%
Equipment Operations | 6.55% Debentures Due 2028
Notes and debentures
Long-term borrowings	$ 200	$ 200
Debt instrument, stated interest rate	6.55%	6.55%
Equipment Operations | 5.375% Notes Due 2029
Notes and debentures
Long-term borrowings	$ 500	$ 500
Debt instrument, stated interest rate	5.375%	5.375%
Equipment Operations | 8.10% Debentures Due 2030
Notes and debentures
Long-term borrowings	$ 250	$ 250
Debt instrument, stated interest rate	8.10%	8.10%
Equipment Operations | 7.125% Notes Due 2031
Notes and debentures
Long-term borrowings	$ 300	$ 300
Debt instrument, stated interest rate	7.125%	7.125%
Equipment Operations | 3.90% Notes Due 2042
Notes and debentures
Long-term borrowings	$ 1,250	$ 1,250
Debt instrument, stated interest rate	3.90%	3.90%
Equipment Operations | Other Notes
Notes and debentures
Long-term borrowings	$ 106	$ 288
Financial Services
Notes and debentures
Long-term borrowings	19,372.2	19,738.2
Principal Amounts of Long-Term Borrowings Maturing In Next Five Years
2,016	5,159
2,017	5,124
2,018	5,124
2,019	2,876
2,020	2,394
Financial Services | Medium-term notes due 2016 - 2025
Notes and debentures
Long-term borrowings	17,857	18,141
Principal amount	$ 17,610	$ 17,939
Average interest rates	1.40%	1.20%
Financial Services | 2.75% Senior Note Due 2022
Notes and debentures
Long-term borrowings	$ 512	$ 498
Debt instrument, stated interest rate	2.75%	2.75%
Principal amount	$ 500	$ 500
Portion of debt swapped to variable interest rates, amount	$ 500	$ 500
Variable interest rates, debt swaps	1.10%	0.90%
Financial Services | Other Notes
Notes and debentures
Long-term borrowings	$ 1,003	$ 1,099

LEASES (Details)

LEASES (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Capital leases, future minimum lease payments
Future minimum lease payments under capital leases	$ 60
2,016	37
2,017	13
2,018	4
2,019	3
2,020	2
Later years	1
Operating leases, total rent expense
Total rental expense for operating leases	200	$ 205	$ 237
Operating leases, future minimum lease payments
Future minimum lease payments under operating leases	354
2,016	98
2,017	72
2,018	53
2,019	40
2,020	31
Later years	$ 60

COMMITMENTS AND CONTINGENCIE105

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014
COMMITMENTS AND CONTINGENCIES
Historical claims rate, review period	5 years
Unamortized extended warranty premiums (deferred revenue)	$ 454	$ 425
Change in Warranty Liability and Unearned Premiums
Beginning of year balance	1,234	1,164
Payments	(779)	(792)
Amortization of premiums received	(161)	(142)
Accruals for warranties	810	797
Premiums received	209	228
Foreign exchange	(52)	(21)
End of year balance	$ 1,261	$ 1,234

COMMITMENTS AND CONTINGENCIE106

COMMITMENTS AND CONTINGENCIES (Details 2) $ in Millions	12 Months Ended
	Oct. 31, 2015USD ($)
COMMITMENTS AND CONTINGENCIES
Commitments for the construction and acquisition of property and equipment	$ 165
Other restricted assets	99
Miscellaneous contingent liabilities	30
Guarantees, Third-party Receivables
Guarantee Obligations
Guarantee obligations maximum exposure	162
Guarantee obligations accrued losses	$ 4
Guarantee obligations term	P4Y

CAPITAL STOCK (Details)

CAPITAL STOCK (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Changes in common stock
Common stock, beginning of period (in shares)				536,431,204				536,400,000	536,431,204	536,400,000	536,400,000
Common stock, end of period (in shares)	536,431,204				536,431,204				536,431,204	536,431,204	536,400,000
Common stock, beginning of period				$ 3,675.4				$ 3,524	$ 3,675.4	$ 3,524	$ 3,352
Stock options and other									151	151	172
Common stock, end of period	$ 3,825.6				$ 3,675.4				$ 3,825.6	$ 3,675.4	3,524
Common stock, authorized (in shares)	1,200,000,000				1,200,000,000				1,200,000,000	1,200,000,000
Preferred stock, authorized (in shares)	9,000,000								9,000,000
Preferred stock, issued (in shares)	0								0
Common stock repurchase plans
Repurchase of common stock shares, December 2013 plan maximum authorization (in dollars)	$ 8,000								$ 8,000
Repurchase of common stock shares, December 2013 plan maximum authorization (in shares)	102,600,000								102,600,000
Closing common stock price (in dollars per share)	$ 78								$ 78
Common stock shares remaining to be repurchased under repurchase plan (in dollars)	$ 3,461								$ 3,461
Common stock shares remaining to be repurchased under repurchase plan (in shares)	44,400,000								44,400,000
Reconciliation of Basic and Diluted Net Income Per Share
Net income attributable to Deere & Company (in dollars)	$ 351	$ 512	$ 690	$ 387	$ 649	$ 851	$ 981	$ 681	$ 1,940	$ 3,161.7	3,537.3
Less income allocable to participating securities (in dollars)									0.8	1	0.9
Income allocable to common stock (in dollars)									$ 1,939.2	$ 3,160.7	$ 3,536.4
Average shares outstanding									333,600,000	363,000,000	385,300,000
Basic per share (in dollars per share)	$ 1.09	$ 1.54	$ 2.05	$ 1.13	$ 1.84	$ 2.35	$ 2.67	$ 1.83	$ 5.81	$ 8.71	$ 9.18
Diluted Earnings Per Share
Average shares outstanding									333,600,000	363,000,000	385,300,000
Effect of dilutive stock options (in shares)									2,400,000	3,100,000	3,900,000
Total potential shares outstanding									336,000,000	366,100,000	389,200,000
Diluted per share (in dollars per share)	$ 1.08	$ 1.53	$ 2.03	$ 1.12	$ 1.83	$ 2.33	$ 2.65	$ 1.81	$ 5.77	$ 8.63	$ 9.09
Antidilutive incremental shares related to share-based compensation excluded from computation of earnings per share										2,400,000	2,400,000

STOCK OPTION AND RESTRICTED 108

STOCK OPTION AND RESTRICTED STOCK AWARDS (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Employee Service Share-based Compensation, Aggregate Disclosures
Number of additional shares authorized for grant related to stock options or restricted stock	16.9
Stock Option Activity - Aggregate Intrinsic Value
Cash received from stock option exercises	$ 172.1	$ 149.5	$ 174.5
Stock Options
Employee Service Share-based Compensation, Aggregate Disclosures
Options term after date of grant	10 years
Assumptions used for the binomial lattice model to determine the fair value of options
Risk-free interest rate, low end of range (as a percent)	0.04%	0.03%	0.04%
Risk-free interest rate, high end of range (as a percent)	2.30%	2.90%	1.70%
Expected dividends (as a percent)	2.50%	2.30%	2.30%
Expected volatility, low end of range (as a percent)	23.40%	25.90%	26.60%
Expected volatility, high end of range (as a percent)	25.70%	32.00%	32.50%
Weighted-average volatility (as a percent)	25.60%	31.90%	32.40%
Stock Option Activity - Shares
Outstanding at beginning of year (in shares)	14.9
Granted (in shares)	3
Exercised (in shares)	(2.9)
Expired or forfeited (in shares)	(0.2)
Outstanding at end of year (in shares)	14.8	14.9
Exercisable at end of year (in shares)	9.3
Stock Option Activity - Exercise Price, Weighted-averages
Outstanding, weighted average exercise price at beginning of year (in dollars per share)	$ 71.64
Granted, weighted average exercise price (in dollars per share)	88.19
Exercised, weighted average exercise price (in dollars per share)	58.65
Expired or Forfeited, weighted average exercise price (in dollars per share)	87.44
Outstanding, weighted average exercise price at end of year (in dollars per share)	77.39	$ 71.64
Exercisable, weighted average exercise price at end of year (in dollars per share)	$ 72.78
Stock Option Activity - Remaining Contractual Term (Years)
Outstanding at end of year, Remaining Contractual Term	6 years 2 months 16 days
Exercisable at end of year, Remaining Contractual Term	5 years 2 months 9 days
Stock Option Activity - Aggregate Intrinsic Value
Outstanding at end of year, Aggregate Intrinsic Value	$ 94.5
Exercisable at end of year, Aggregate Intrinsic Value	$ 84.8
Weighted-average grant-date fair values of options granted (in dollars per share)	$ 19.67	$ 24.74	$ 23.73
Total intrinsic values of options exercised	$ 98	$ 125	$ 183
Cash received from stock option exercises	172	149	175
Tax benefits, exercise of stock options	$ 36	$ 46	$ 68
Stock Options | Minimum
Employee Service Share-based Compensation, Aggregate Disclosures
Vesting period under share-based incentive plans	1 year
Assumptions used for the binomial lattice model to determine the fair value of options
Expected term	7 years 2 months 12 days	7 years 3 months 18 days	7 years 3 months 18 days
Stock Options | Maximum
Employee Service Share-based Compensation, Aggregate Disclosures
Vesting period under share-based incentive plans	3 years
Assumptions used for the binomial lattice model to determine the fair value of options
Expected term	8 years 2 months 12 days	7 years 4 months 24 days	7 years 10 months 24 days
Restricted Stock Units
Employee Service Share-based Compensation, Aggregate Disclosures
Vesting period under share-based incentive plans	3 years

STOCK OPTION AND RESTRICTED 109

STOCK OPTION AND RESTRICTED STOCK AWARDS (Details 2) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Share-based Compensation - General Disclosures
Total share-based compensation expense	$ 66	$ 79	$ 81
Income tax benefit recognized	25	29	30
Unrecognized compensation cost from share-based compensation related to nonvested shares	$ 46
Weighted-average period during which unrecognized compensation is expected to be recognized	2 years
Total fair values of stock options and restricted shares vested	$ 74	$ 69	$ 68
Shares in Treasury Stock	219,743,893	190,926,805
Shares remaining to be repurchased under current publicly announced repurchase program	44,400,000
Restricted Stock Units
Share-based Compensation, Aggregate Disclosures
Restricted stock units granted (in shares)	248,000	236,000	254,000
Nonvested Restricted Shares - Shares
Granted (in shares)	248,000	236,000	254,000
Restricted Stock Units Subject to Service-based Conditions
Share-based Compensation, Aggregate Disclosures
Restricted stock units granted (in shares)	122,000	102,000	110,000
Common shares awarded for each unit of restricted stock at the end of vesting period	one share of common stock
Restricted stock units granted, fair value (in dollars per unit)	$ 88.66	$ 87.16	$ 86.88
Nonvested Restricted Shares - Shares
Nonvested at beginning of year (in shares)	300,000
Granted (in shares)	122,000	102,000	110,000
Vested (in shares)	(100,000)
Nonvested at end of year (in shares)	300,000	300,000
Nonvested Restricted Shares - Grant-Date Fair Value, Weighted-averages
Nonvested weighted average grant-date fair value, at beginning of year (in dollars per share)	$ 83
Granted, weighted average grant-date fair value (in dollars per share)	88.66	$ 87.16	$ 86.88
Vested, weighted average grant-date fair value (in dollars per share)	76.37
Nonvested weighted average grant-date fair value, at end of year (in dollars per share)	$ 87.58	$ 83
Restricted Stock Units Subject to Performance/Service and Market/Service Based Conditions
Share-based Compensation, Aggregate Disclosures
Restricted stock units granted (in shares)	100,000
Restricted stock units granted, fair value (in dollars per unit)	$ 97.88
Nonvested Restricted Shares - Shares
Nonvested at beginning of year (in shares)	400,000
Granted (in shares)	100,000
Expired or forfeited (in shares)	(100,000)
Nonvested at end of year (in shares)	400,000	400,000
Nonvested Restricted Shares - Grant-Date Fair Value, Weighted-averages
Nonvested weighted average grant-date fair value, at beginning of year (in dollars per share)	$ 91.30
Granted, weighted average grant-date fair value (in dollars per share)	97.88
Expired or forfeited, weighted average grant-date fair value (in dollars per share)	93.31
Nonvested weighted average grant-date fair value, at end of year (in dollars per share)	$ 96.87	$ 91.30
Restricted Stock Units Subject to Performance/Service and Market/Service Based Conditions | Minimum
Share-based Compensation, Aggregate Disclosures
Percent of common stock that may be awarded based on metric	0.00%
Restricted Stock Units Subject to Performance/Service and Market/Service Based Conditions | Maximum
Share-based Compensation, Aggregate Disclosures
Percent of common stock that may be awarded based on metric	200.00%
Restricted Stock Units Subject to Performance/Service-based Conditions
Share-based Compensation, Aggregate Disclosures
Restricted stock units granted (in shares)	63,000	67,000	72,000
Restricted stock units granted, fair value (in dollars per unit)	$ 81.78	$ 81.53	$ 80.73
Nonvested Restricted Shares - Shares
Granted (in shares)	63,000	67,000	72,000
Nonvested Restricted Shares - Grant-Date Fair Value, Weighted-averages
Granted, weighted average grant-date fair value (in dollars per share)	$ 81.78	$ 81.53	$ 80.73
Restricted Stock Units Subject to Market/Service-based Conditions
Share-based Compensation, Aggregate Disclosures
Restricted stock units granted (in shares)	63,000	67,000	72,000
Restricted stock units granted, fair value (in dollars per unit)	$ 113.97	$ 116.86	$ 106.75
Fair value assumptions method used	lattice valuation model
Nonvested Restricted Shares - Shares
Granted (in shares)	63,000	67,000	72,000
Nonvested Restricted Shares - Grant-Date Fair Value, Weighted-averages
Granted, weighted average grant-date fair value (in dollars per share)	$ 113.97	$ 116.86	$ 106.75

OTHER COMPREHENSIVE INCOME I110

OTHER COMPREHENSIVE INCOME ITEMS (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Accumulated other comprehensive income (loss)
Balance	$ 9,065.5	$ 10,267.7	$ 6,862
Period Change	(946.8)	(1,090.2)	1,878.5
Balance	6,757.6	9,065.5	10,267.7
Total Accumulated Other Comprehensive Income (Loss)
Accumulated other comprehensive income (loss)
Balance	(3,783)	(2,693)	(4,572)
Period Change	(946)	(1,090)	1,879
Balance	(4,729)	(3,783)	(2,693)
Retirement Benefits Adjustment
Accumulated other comprehensive income (loss)
Balance	(3,493)	(2,809)	(4,759)
Period Change	(8)	(684)	1,950
Balance	(3,501)	(3,493)	(2,809)
Cumulative Translation Adjustment
Accumulated other comprehensive income (loss)
Balance	(303)	113	184
Period Change	(935)	(416)	(71)
Balance	(1,238)	(303)	113
Unrealized Gain (Loss) on Derivatives
Accumulated other comprehensive income (loss)
Balance		(3)	(14)
Period Change	(2)	3	11
Balance	(2)		(3)
Unrealized Gain (Loss) on Investments
Accumulated other comprehensive income (loss)
Balance	13	6	17
Period Change	(1)	7	(11)
Balance	$ 12	$ 13	$ 6

OTHER COMPREHENSIVE INCOME I111

OTHER COMPREHENSIVE INCOME ITEMS (Details 2) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Other Comprehensive Income (Loss), Before Tax
Interest expense	$ (680)	$ (664)	$ (741.3)
Other operating expense	(961.1)	(1,093.3)	(820.6)
Other income	706.5	824.2	682.4
Total other comprehensive income (loss), before tax	(952)	(1,481)	3,011
Other Comprehensive Income (Loss), Tax (Expense) Credit
Total other comprehensive income (loss), tax (expense) credit	6	391	(1,132)
Other Comprehensive Income (Loss), After Tax
Other Comprehensive Income (Loss), Net of Income Taxes	(946.8)	(1,090.2)	1,878.5
Cumulative Translation Adjustment
Other Comprehensive Income (Loss), Before Tax
Other comprehensive income (loss) before reclassification, before tax		(427)
Total other comprehensive income (loss), before tax	(938)	(418)	(74)
Other Comprehensive Income (Loss), Tax (Expense) Credit
Other comprehensive income (loss) before reclassification, tax (expense) credit		2
Total other comprehensive income (loss), tax (expense) credit	3	2	3
Other Comprehensive Income (Loss), After Tax
Other comprehensive income (loss) before reclassification, after tax		(425)
Other Comprehensive Income (Loss), Net of Income Taxes	(935)	(416)	(71)
Cumulative Translation Adjustment | Reclassification out of Accumulated Other Comprehensive Income (Loss)
Other Comprehensive Income (Loss), Before Tax
Other operating expense		9
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax		9
Unrealized Gain (Loss) on Derivatives
Other Comprehensive Income (Loss), Before Tax
Other comprehensive income (loss) before reclassification, before tax	(12)	(14)	43
Total other comprehensive income (loss), before tax	(4)	5	16
Other Comprehensive Income (Loss), Tax (Expense) Credit
Other comprehensive income (loss) before reclassification, tax (expense) credit	4	5	(14)
Total other comprehensive income (loss), tax (expense) credit	2	(2)	(5)
Other Comprehensive Income (Loss), After Tax
Other comprehensive income (loss) before reclassification, after tax	(8)	(9)	29
Other Comprehensive Income (Loss), Net of Income Taxes	(2)	3	11
Unrealized Gain (Loss) on Derivatives | Interest Rate Contracts | Reclassification out of Accumulated Other Comprehensive Income (Loss)
Other Comprehensive Income (Loss), Before Tax
Interest expense	12	13	22
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit	(4)	(5)	(8)
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	8	8	14
Unrealized Gain (Loss) on Derivatives | Foreign Exchange Contracts | Reclassification out of Accumulated Other Comprehensive Income (Loss)
Other Comprehensive Income (Loss), Before Tax
Other operating expense	(4)	6	(49)
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit	2	(2)	17
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	(2)	4	(32)
Unrealized Gain (Loss) on Investments
Other Comprehensive Income (Loss), Before Tax
Other comprehensive income (loss) before reclassification, before tax	12	10	(17)
Total other comprehensive income (loss), before tax	(2)	10	(17)
Other Comprehensive Income (Loss), Tax (Expense) Credit
Other comprehensive income (loss) before reclassification, tax (expense) credit	(4)	(3)	6
Total other comprehensive income (loss), tax (expense) credit	1	(3)	6
Other Comprehensive Income (Loss), After Tax
Other comprehensive income (loss) before reclassification, after tax	8	7	(11)
Other Comprehensive Income (Loss), Net of Income Taxes	(1)	7	(11)
Retirement Benefits Adjustment
Other Comprehensive Income (Loss), Before Tax
Total other comprehensive income (loss), before tax	(8)	(1,078)	3,086
Other Comprehensive Income (Loss), Tax (Expense) Credit
Total other comprehensive income (loss), tax (expense) credit		394	(1,136)
Other Comprehensive Income (Loss), After Tax
Other Comprehensive Income (Loss), Net of Income Taxes	(8)	(684)	1,950
Retirement Benefits Adjustment | Pensions
Other Comprehensive Income (Loss), Before Tax
Other comprehensive income (loss) before reclassification, before tax	(427)	(940)	1,507
Other Comprehensive Income (Loss), Tax (Expense) Credit
Other comprehensive income (loss) before reclassification, tax (expense) credit	151	343	(552)
Other Comprehensive Income (Loss), After Tax
Other comprehensive income (loss) before reclassification, after tax	(276)	(597)	955
Retirement Benefits Adjustment | Health Care and Life Insurance
Other Comprehensive Income (Loss), Before Tax
Other comprehensive income (loss) before reclassification, before tax	145	(378)	1,167
Other Comprehensive Income (Loss), Tax (Expense) Credit
Other comprehensive income (loss) before reclassification, tax (expense) credit	(52)	138	(426)
Other Comprehensive Income (Loss), After Tax
Other comprehensive income (loss) before reclassification, after tax	93	(240)	741
Actuarial (Gain) Loss | Reclassification out of Accumulated Other Comprehensive Income (Loss) | Pensions
Other Comprehensive Income (Loss), Before Tax
Reclassification from accumulated other comprehensive income, before tax	223	177	265
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit	(81)	(64)	(101)
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	142	113	164
Actuarial (Gain) Loss | Reclassification out of Accumulated Other Comprehensive Income (Loss) | Health Care and Life Insurance
Other Comprehensive Income (Loss), Before Tax
Reclassification from accumulated other comprehensive income, before tax	91	33	141
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit	(34)	(12)	(54)
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	57	21	87
Prior Service (Credit) Cost | Reclassification out of Accumulated Other Comprehensive Income (Loss) | Pensions
Other Comprehensive Income (Loss), Before Tax
Reclassification from accumulated other comprehensive income, before tax	25	25	12
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit	(9)	(9)	(6)
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	16	16	6
Prior Service (Credit) Cost | Reclassification out of Accumulated Other Comprehensive Income (Loss) | Health Care and Life Insurance
Other Comprehensive Income (Loss), Before Tax
Reclassification from accumulated other comprehensive income, before tax	(77)	(3)	(8)
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit	29	1	3
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	(48)	(2)	(5)
Settlements/Curtailments | Reclassification out of Accumulated Other Comprehensive Income (Loss) | Pensions
Other Comprehensive Income (Loss), Before Tax
Reclassification from accumulated other comprehensive income, before tax	11	9	2
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit	(4)	(3)
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	7	6	$ 2
Settlements/Curtailments | Reclassification out of Accumulated Other Comprehensive Income (Loss) | Health Care and Life Insurance
Other Comprehensive Income (Loss), Before Tax
Reclassification from accumulated other comprehensive income, before tax	1	(1)
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	$ 1	$ (1)

OTHER COMPREHENSIVE INCOME I112

OTHER COMPREHENSIVE INCOME ITEMS (Details 3) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interests
Comprehensive income (loss) attributable to noncontrolling interests	$ 0.5	$ 1.3	$ 0.4
Net income (loss) attributable to noncontrolling interests	0.9	1.6	0.3
Cumulative translation adjustments attributable to noncontrolling interests	$ (0.4)	$ (0.3)	$ 0.1

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details) - USD ($) $ in Millions	Oct. 31, 2015	Oct. 31, 2014
Fair Values of Financial Instruments
Financing receivables - net	$ 24,809	$ 27,422.2
Financing receivables securitized - net	4,834.6	4,602.3
Short-term securitization borrowings	4,590	4,558.5
Long-term borrowings	23,832.8	24,380.7
Level 2
Fair Values of Financial Instruments
Short-term securitization borrowings	4,590	4,562
Long-term borrowings due within one year	5,245	4,976
Long-term borrowings	24,183	24,981
Level 3
Fair Values of Financial Instruments
Financing receivables - net	24,719	27,337
Financing receivables securitized - net	4,820	4,573
Carrying Value
Fair Values of Financial Instruments
Financing receivables - net	24,809	27,422
Financing receivables securitized - net	4,835	4,602
Short-term securitization borrowings	4,590	4,559
Long-term borrowings due within one year	5,253	4,973
Long-term borrowings	23,833	24,381
Equipment Operations
Fair Values of Financial Instruments
Financing receivables - net	0.9	18.5
Long-term borrowings	4,460.6	4,642.5
Equipment Operations | Level 2
Fair Values of Financial Instruments
Long-term borrowings due within one year	78	233
Long-term borrowings	4,835	5,095
Equipment Operations | Carrying Value
Fair Values of Financial Instruments
Long-term borrowings due within one year	86	243
Long-term borrowings	4,461	4,643
Financial Services
Fair Values of Financial Instruments
Financing receivables - net	24,808.1	27,403.7
Financing receivables securitized - net	4,834.6	4,602.3
Short-term securitization borrowings	4,590	4,558.5
Long-term borrowings	19,372.2	19,738.2
Financial Services | Level 2
Fair Values of Financial Instruments
Long-term borrowings due within one year	5,167	4,743
Long-term borrowings	19,348	19,886
Financial Services | Carrying Value
Fair Values of Financial Instruments
Long-term borrowings due within one year	5,167	4,730
Long-term borrowings	$ 19,372	$ 19,738

FAIR VALUE MEASUREMENTS (Det114

FAIR VALUE MEASUREMENTS (Details 2) - USD ($) $ in Millions	Oct. 31, 2015	Oct. 31, 2014
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Marketable securities	$ 437.4	$ 1,215.1
Derivative assets	428	353
Derivative liabilities	78	110
Transfer from Level 1 to Level 2, assets	0	0
Transfer from Level 2 to Level 1, assets	0	0
Transfer from Level 1 to Level 2, liabilities	0	0
Transfer from Level 2 to Level 1, liabilities	0	0
Other Assets
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Derivative assets	428	353
Accounts Payable and Accrued Expenses
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Derivative liabilities	78	110
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 1 and 2 | U.S. Government Debt Securities
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Marketable securities	82	808
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 1 | Equity Fund
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Marketable securities	43	45
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 1 | Fixed Income Funds
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Marketable securities		10
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 1 | U.S. Government Debt Securities
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Marketable securities	37	741
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Total liabilities	78	110
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2 | Interest Rate Contracts | Other Assets
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Derivative assets	353	319
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2 | Interest Rate Contracts | Accounts Payable and Accrued Expenses
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Derivative liabilities	60	81
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2 | Foreign Exchange Contracts | Other Assets
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Derivative assets	50	18
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2 | Foreign Exchange Contracts | Accounts Payable and Accrued Expenses
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Derivative liabilities	18	29
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2 | Cross-Currency Interest Rate Contracts | Other Assets
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Derivative assets	25	16
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2 | Municipal Debt Securities
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Marketable securities	31	34
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2 | Corporate Debt Securities
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Marketable securities	124	172
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2 | Mortgage-Backed Securities
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Marketable securities	110	146
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2 and 3 | International Debt Securities
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Marketable securities	47
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 3 | International Debt Securities
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Marketable securities	29
Total Estimated Fair Value | Assets and Liabilities Measured at Fair Value on a Recurring Basis
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Marketable securities	437	1,215
Total assets	$ 865	$ 1,568

FAIR VALUE MEASUREMENTS (Det115

FAIR VALUE MEASUREMENTS (Details 3) - Assets and Liabilities Measured at Fair Value on a Recurring Basis - Level 3 $ in Millions	12 Months Ended
	Oct. 31, 2015USD ($)
Fair Value, Recurring, Level 3 Measurements from Available for Sale Marketable Securities
Purchases	$ 30
Change in unrealized gain (loss)	(1)
End of period balance	$ 29

FAIR VALUE MEASUREMENTS (Det116

FAIR VALUE MEASUREMENTS (Details 4) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Equipment on operating leases - net	$ 4,970.4	$ 4,015.5
Fair Value, Nonrecurring Measurements | Level 3
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Equipment on operating leases - net	479
Losses, Equipment on operating leases - net	10
Property and equipment - net	33	53
Losses, Property and equipment - net	10	44	$ 48
Losses, Other intangible assets - net			$ 9
Other assets	112	15
Losses, Other assets	$ 15	16
Losses, Assets held for sale - Water operations		$ 36

DERIVATIVE INSTRUMENTS (Details

DERIVATIVE INSTRUMENTS (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014
Cash Flow Hedges
Cash flow hedge loss recorded in OCI to be reclassified within twelve months	$ 4
Maximum maturity of cash flow hedge interest rate and cross-currency interest rate contracts	35 months
Gains or losses reclassified from OCI to earnings	$ 0
Interest Rate Contracts | Cash Flow Hedges Member | Designated as Hedging Instruments
Cash Flow Hedges
Notional amount of cash flow hedge derivatives	2,800	$ 3,050
Cross-Currency Interest Rate Contracts | Cash Flow Hedges Member | Designated as Hedging Instruments
Cash Flow Hedges
Notional amount of cash flow hedge derivatives	$ 60	$ 70

DERIVATIVE INSTRUMENTS (Deta118

DERIVATIVE INSTRUMENTS (Details 2) - Interest Rate Contracts - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014
Fair Value Hedges
Gains (losses) on ineffective portion of interest rate fair value hedge derivatives	$ 2	$ (2)
Gain (Loss) on Fair Value Hedges
Gains (losses) on interest rate contracts	104	(13)
Net accrued interest income on interest rate contracts	173	168
Gains (losses) on borrowings	(102)	11
Accrued interest expense on borrowings	274	267
Fair Value Hedges | Designated as Hedging Instruments
Fair Value Hedges
Notional amount of interest rate fair value hedge derivatives	$ 8,618	$ 8,798

DERIVATIVE INSTRUMENTS (Deta119

DERIVATIVE INSTRUMENTS (Details 3) - Not Designated as Hedging Instruments - USD ($) $ in Millions	Oct. 31, 2015	Oct. 31, 2014
Interest Rate Contracts
Derivatives Not Designated as Hedging Instruments
Notional amounts	$ 6,333	$ 6,317
Interest Rate Contracts | Purchased
Derivatives Not Designated as Hedging Instruments
Notional amounts	1,069	1,703
Interest Rate Contracts | Sold
Derivatives Not Designated as Hedging Instruments
Notional amounts	1,069	1,703
Foreign Exchange Contracts
Derivatives Not Designated as Hedging Instruments
Notional amounts	3,160	3,524
Cross-Currency Interest Rate Contracts
Derivatives Not Designated as Hedging Instruments
Notional amounts	$ 76	$ 98

DERIVATIVE INSTRUMENTS (Deta120

DERIVATIVE INSTRUMENTS (Details 4) - USD ($) $ in Millions	Oct. 31, 2015	Oct. 31, 2014
Fair Value of Derivative Instruments
Total derivative assets	$ 428	$ 353
Total derivative liabilities	78	110
Other Assets
Fair Value of Derivative Instruments
Total derivative assets	428	353
Accounts Payable and Accrued Expenses
Fair Value of Derivative Instruments
Total derivative liabilities	78	110
Designated as Hedging Instruments | Other Assets
Fair Value of Derivative Instruments
Total derivative assets	313	279
Designated as Hedging Instruments | Accounts Payable and Accrued Expenses
Fair Value of Derivative Instruments
Total derivative liabilities	8	35
Designated as Hedging Instruments | Interest Rate Contracts | Other Assets
Fair Value of Derivative Instruments
Total derivative assets	299	266
Designated as Hedging Instruments | Interest Rate Contracts | Accounts Payable and Accrued Expenses
Fair Value of Derivative Instruments
Total derivative liabilities	8	35
Designated as Hedging Instruments | Cross-Currency Interest Rate Contracts | Other Assets
Fair Value of Derivative Instruments
Total derivative assets	14	13
Not Designated as Hedging Instruments | Other Assets
Fair Value of Derivative Instruments
Total derivative assets	115	74
Not Designated as Hedging Instruments | Accounts Payable and Accrued Expenses
Fair Value of Derivative Instruments
Total derivative liabilities	70	75
Not Designated as Hedging Instruments | Interest Rate Contracts | Other Assets
Fair Value of Derivative Instruments
Total derivative assets	54	53
Not Designated as Hedging Instruments | Interest Rate Contracts | Accounts Payable and Accrued Expenses
Fair Value of Derivative Instruments
Total derivative liabilities	52	46
Not Designated as Hedging Instruments | Foreign Exchange Contracts | Other Assets
Fair Value of Derivative Instruments
Total derivative assets	50	18
Not Designated as Hedging Instruments | Foreign Exchange Contracts | Accounts Payable and Accrued Expenses
Fair Value of Derivative Instruments
Total derivative liabilities	18	29
Not Designated as Hedging Instruments | Cross-Currency Interest Rate Contracts | Other Assets
Fair Value of Derivative Instruments
Total derivative assets	$ 11	$ 3

DERIVATIVE INSTRUMENTS (Deta121

DERIVATIVE INSTRUMENTS (Details 5) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Classification and gains (losses) including accrued interest expense related to derivative instruments
Not designated as hedges, gains (losses)	$ 384	$ 107	$ 49
Interest Rate Contracts | OCI
Classification and gains (losses) including accrued interest expense related to derivative instruments
Cash flow hedges, recognized in OCI, effective portion, gains (losses)	(16)	(10)	(15)
Interest Rate Contracts | Interest Expense
Classification and gains (losses) including accrued interest expense related to derivative instruments
Fair value hedges, gains (losses)	277	155	(89)
Not designated as hedges, gains (losses)	(17)	3	(6)
Interest Rate Contracts | Interest Expense | Cash Flow Hedges Member
Classification and gains (losses) including accrued interest expense related to derivative instruments
Cash flow hedges, reclassified from OCI, effective portion, gains (losses)	(12)	(13)	(22)
Foreign Exchange Contracts | OCI
Classification and gains (losses) including accrued interest expense related to derivative instruments
Cash flow hedges, recognized in OCI, effective portion, gains (losses)	4	(4)	58
Foreign Exchange Contracts | Cost of Sales
Classification and gains (losses) including accrued interest expense related to derivative instruments
Not designated as hedges, gains (losses)	97	25	35
Foreign Exchange Contracts | Other Operating Expense
Classification and gains (losses) including accrued interest expense related to derivative instruments
Not designated as hedges, gains (losses)	304	79	20
Foreign Exchange Contracts | Other Operating Expense | Cash Flow Hedges Member
Classification and gains (losses) including accrued interest expense related to derivative instruments
Cash flow hedges, reclassified from OCI, effective portion, gains (losses)	$ 4	$ (6)	$ 49

DERIVATIVE INSTRUMENTS (Deta122

DERIVATIVE INSTRUMENTS (Details 6) - USD ($) $ in Millions	Oct. 31, 2015	Oct. 31, 2014
DERIVATIVE INSTRUMENTS
Fair value of derivatives with credit-risk-related contingent features in a liability position	$ 41	$ 57
Derivative Assets
Gross amounts recognized	428	353
Netting arrangements	(62)	(76)
Collateral received		(5)
Net amount	366	272
Derivative Liabilities
Gross amounts recognized	78	110
Netting arrangements	(62)	(76)
Net amount	$ 16	$ 34

SEGMENT AND GEOGRAPHIC AREA 123

SEGMENT AND GEOGRAPHIC AREA DATA FOR THE YEARS ENDED OCTOBER 31, 2015, 2014 AND 2013 (Details) $ in Millions	3 Months Ended								12 Months Ended
	Oct. 31, 2015USD ($)	Jul. 31, 2015USD ($)	Apr. 30, 2015USD ($)	Jan. 31, 2015USD ($)	Oct. 31, 2014USD ($)	Jul. 31, 2014USD ($)	Apr. 30, 2014USD ($)	Jan. 31, 2014USD ($)	Oct. 31, 2015USD ($)item	Oct. 31, 2014USD ($)	Oct. 31, 2013USD ($)
SEGMENT AND GEOGRAPHIC AREA DATA FOR THE YEARS ENDED OCTOBER 31, 2015, 2014 AND 2013
Number of major business segments | item									3
Net Sales and Revenues
Total net sales	$ 5,932	$ 6,839	$ 7,399	$ 5,605	$ 8,043	$ 8,723	$ 9,246	$ 6,949	$ 25,775.2	$ 32,960.6	$ 34,997.9
Total	$ 6,715	$ 7,594	$ 8,171	$ 6,383	$ 8,965	$ 9,500	$ 9,948	$ 7,654	28,862.8	36,066.9	37,795.4
Other Revenues
Net Sales and Revenues
Total									497	529	448
Agriculture and Turf
Net Sales and Revenues
Total net sales									19,812	26,380	29,132
Agriculture and Turf | Intersegment Sales and Revenue
Net Sales and Revenues
Total									49	89	69
Construction and Forestry
Net Sales and Revenues
Total net sales									5,963	6,581	5,866
Construction and Forestry | Intersegment Sales and Revenue
Net Sales and Revenues
Total									1	1	2
Financial Services
Net Sales and Revenues
Total									2,591	2,577	2,349
Financial Services | Intersegment Sales and Revenue
Net Sales and Revenues
Total									$ 225	$ 228	$ 220

SEGMENT AND GEOGRAPHIC AREA 124

SEGMENT AND GEOGRAPHIC AREA DATA FOR THE YEARS ENDED OCTOBER 31, 2015, 2014 AND 2013 (Details 2) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Operating Profit (Loss)
Operating profit (loss)									$ 3,140	$ 5,218	$ 5,928
Interest income									1,511	1,561	1,502
Interest expense									(680)	(664)	(741.3)
Income taxes									(840.1)	(1,626.5)	(1,945.9)
Net Income									1,940.9	3,163.3	3,537.6
Less: Net income attributable to noncontrolling interests									0.9	1.6	0.3
Net Income Attributable to Deere & Company	$ 351	$ 512	$ 690	$ 387	$ 649	$ 851	$ 981	$ 681	1,940	3,161.7	3,537.3
Agriculture and Turf
Operating Profit (Loss)
Operating profit (loss)									1,649	3,649	4,680
Construction and Forestry
Operating Profit (Loss)
Operating profit (loss)									528	648	378
Financial Services
Operating Profit (Loss)
Operating profit (loss)									963	921	870
Corporate
Operating Profit (Loss)
Interest income									61	57	55
Investment income										2	2
Interest expense									(273)	(289)	(297)
Foreign exchange gain (loss) from equipment operations' financing activities									13	(2)	(8)
Corporate expenses - net									(160)	(196)	(197)
Income taxes									(840)	(1,627)	(1,946)
Total									$ (1,199)	$ (2,055)	$ (2,391)

SEGMENT AND GEOGRAPHIC AREA 125

SEGMENT AND GEOGRAPHIC AREA DATA FOR THE YEARS ENDED OCTOBER 31, 2015, 2014 AND 2013 (Details 3) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Operating Segments
Interest income	$ 1,511	$ 1,561	$ 1,502
Interest expense	680	664	741.3
Operating Segment | Agriculture and Turf
Operating Segments
Interest income	14	17	24
Interest expense	160	175	167
Operating Segment | Construction and Forestry
Operating Segments
Interest income	2	1	2
Interest expense	45	37	36
Operating Segment | Financial Services
Operating Segments
Interest income	1,687	1,754	1,668
Interest expense	455	431	488
Corporate
Operating Segments
Interest income	61	57	55
Interest expense	273	289	297
Intercompany Eliminations
Operating Segments
Interest income	(253)	(268)	(247)
Interest expense	$ (253)	$ (268)	$ (247)

SEGMENT AND GEOGRAPHIC AREA 126

SEGMENT AND GEOGRAPHIC AREA DATA FOR THE YEARS ENDED OCTOBER 31, 2015, 2014 AND 2013 (Details 4) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Operating Segments
Depreciation and amortization expense	$ 1,382.4	$ 1,306.5	$ 1,140.3
Equity in income (loss) of unconsolidated affiliates	0.9	(7.6)	0.1
Identifiable operating assets	57,947.6	61,336.4	59,521
Capital additions	666	1,016	1,158
Investments in unconsolidated affiliates	303.5	303.2	221
Agriculture and Turf
Operating Segments
Depreciation and amortization expense	659	681	627
Equity in income (loss) of unconsolidated affiliates	7	8	(1)
Identifiable operating assets	8,332	9,442	10,799
Capital additions	522	868	981
Investments in unconsolidated affiliates	116	110	24
Construction and Forestry
Operating Segments
Depreciation and amortization expense	133	115	106
Equity in income (loss) of unconsolidated affiliates	(7)	(18)
Identifiable operating assets	3,295	3,405	3,461
Capital additions	138	145	174
Investments in unconsolidated affiliates	177	182	187
Financial Services
Operating Segments
Depreciation and amortization expense	590	511	407
Equity in income (loss) of unconsolidated affiliates	1	2	1
Identifiable operating assets	40,909	42,784	38,646
Capital additions	6	3	3
Investments in unconsolidated affiliates	10	11	10
Corporate
Operating Segments
Identifiable operating assets	$ 5,412	$ 5,705	$ 6,615

SEGMENT AND GEOGRAPHIC AREA 127

SEGMENT AND GEOGRAPHIC AREA DATA FOR THE YEARS ENDED OCTOBER 31, 2015, 2014 AND 2013 (Details 5) $ in Millions	3 Months Ended								12 Months Ended
	Oct. 31, 2015USD ($)	Jul. 31, 2015USD ($)	Apr. 30, 2015USD ($)	Jan. 31, 2015USD ($)	Oct. 31, 2014USD ($)	Jul. 31, 2014USD ($)	Apr. 30, 2014USD ($)	Jan. 31, 2014USD ($)	Oct. 31, 2015USD ($)item	Oct. 31, 2014USD ($)	Oct. 31, 2013USD ($)
SEGMENT AND GEOGRAPHIC AREA DATA FOR THE YEARS ENDED OCTOBER 31, 2015, 2014 AND 2013
Number of geographic areas for which operations are historically disclosed (in segments) | item									2
Geographic Area Information
Net sales	$ 5,932	$ 6,839	$ 7,399	$ 5,605	$ 8,043	$ 8,723	$ 9,246	$ 6,949	$ 25,775.2	$ 32,960.6	$ 34,997.9
Revenues	$ 6,715	$ 7,594	$ 8,171	$ 6,383	$ 8,965	$ 9,500	$ 9,948	$ 7,654	28,862.8	36,066.9	37,795.4
Operating profit (loss)									3,140	5,218	5,928
Equipment Operations
Geographic Area Information
Net sales									25,775.2	32,960.6	34,997.9
Revenues									26,454.9	33,659.7	35,627.8
Financial Services
Geographic Area Information
Revenues									2,815.9	2,805.2	2,568.9
U.S. and Canada:
Geographic Area Information
Revenues									18,750	22,391	23,852
Operating profit (loss)									2,445	4,038	4,768
U.S. and Canada: | Equipment Operations
Geographic Area Information
Net sales									$ 16,498	20,171	21,821
Approximate percentage of net sales and revenues that relates to the U.S. only, based on three-year average									87.00%
Operating profit (loss)									$ 1,643	3,311	4,062
Number of years used in average percentage of U.S. only as a proportion of the combined U.S. and Canada net sales and revenues									3 years
U.S. and Canada: | Financial Services
Geographic Area Information
Revenues									$ 2,252	2,220	2,031
Approximate percentage of net sales and revenues that relates to the U.S. only, based on three-year average									78.00%
Operating profit (loss)									$ 802	727	706
Outside U.S. and Canada:
Geographic Area Information
Revenues									9,616	13,147	13,495
Operating profit (loss)									695	1,180	1,160
Outside U.S. and Canada: | Equipment Operations
Geographic Area Information
Net sales									9,277	12,790	13,177
Operating profit (loss)									534	986	996
Outside U.S. and Canada: | Financial Services
Geographic Area Information
Revenues									339	357	318
Operating profit (loss)									161	194	164
Other Revenues
Geographic Area Information
Revenues									$ 497	$ 529	$ 448

SEGMENT AND GEOGRAPHIC AREA 128

SEGMENT AND GEOGRAPHIC AREA DATA FOR THE YEARS ENDED OCTOBER 31, 2015, 2014 AND 2013 (Details 6) - USD ($) $ in Millions	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Geographic Area Information
Property and equipment	$ 5,181.5	$ 5,577.8	$ 5,467
U.S.
Geographic Area Information
Property and equipment	3,098	3,154	2,997
Germany
Geographic Area Information
Property and equipment	568	640	647
Other Countries
Geographic Area Information
Property and equipment	$ 1,515	$ 1,784	$ 1,823

SUPPLEMENTAL INFORMATION (UN129

SUPPLEMENTAL INFORMATION (UNAUDITED) (Details) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Oct. 31, 2015USD ($)item$ / shares	Jul. 31, 2015USD ($)$ / shares	Apr. 30, 2015USD ($)$ / shares	Jan. 31, 2015USD ($)$ / shares	Oct. 31, 2014USD ($)$ / shares	Jul. 31, 2014USD ($)$ / shares	Apr. 30, 2014USD ($)$ / shares	Jan. 31, 2014USD ($)$ / shares	Oct. 31, 2015USD ($)item$ / shares	Oct. 31, 2014USD ($)$ / shares	Oct. 31, 2013USD ($)$ / shares
Market price of shares
Share price	$ 78								$ 78
Number of common stockholders
Number of holders of record of the company's $1 par value common stock | item	23,415								23,415
Common stock, par value (in dollars per share)	$ 1				$ 1				$ 1	$ 1
Quarterly information with respect to net sales and revenues and earnings
Net sales and revenues | $	$ 6,715	$ 7,594	$ 8,171	$ 6,383	$ 8,965	$ 9,500	$ 9,948	$ 7,654	$ 28,862.8	$ 36,066.9	$ 37,795.4
Net sales | $	5,932	6,839	7,399	5,605	8,043	8,723	9,246	6,949	25,775.2	32,960.6	34,997.9
Gross profit | $	1,262	1,482	1,704	1,184	1,946	2,112	2,374	1,753
Income before income taxes | $	457	738	1,017	568	1,076	1,292	1,464	965	2,780.1	4,797.4	5,483.4
Net income attributable to Deere & Company | $	$ 351	$ 512	$ 690	$ 387	$ 649	$ 851	$ 981	$ 681	$ 1,940	$ 3,161.7	$ 3,537.3
Per Share Data
Basic (in dollars per share)	$ 1.09	$ 1.54	$ 2.05	$ 1.13	$ 1.84	$ 2.35	$ 2.67	$ 1.83	$ 5.81	$ 8.71	$ 9.18
Diluted (in dollars per share)	1.08	1.53	2.03	1.12	1.83	2.33	2.65	1.81	5.77	8.63	9.09
Dividends declared (in dollars per share)	0.60	0.60	0.60	0.60	0.60	0.60	0.51	0.51	2.40	2.22	$ 1.99
Dividends paid (in dollars per share)	0.60	0.60	0.60	0.60	0.60	0.51	0.51	0.51
Common Stock | Maximum
Market price of shares
Share price	97.14	97.33	92.75	90.85	87.16	94.53	93.89	91.33	97.14	87.16
Common Stock | Minimum
Market price of shares
Share price	$ 72.89	$ 88.98	$ 86.64	$ 84.55	$ 80.01	$ 85.11	$ 84.05	$ 81.50	$ 72.89	$ 80.01

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - $ / shares	Dec. 02, 2015	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Subsequent Events
Quarterly dividend declared (in dollars per share)		$ 0.60	$ 0.60	$ 0.60	$ 0.60	$ 0.60	$ 0.60	$ 0.51	$ 0.51	$ 2.40	$ 2.22	$ 1.99
Subsequent Event
Subsequent Events
Quarterly dividend declared (in dollars per share)	$ 0.60

SUPPLEMENTAL CONSOLIDATING D131

SUPPLEMENTAL CONSOLIDATING DATA (Income Statement) (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Net Sales and Revenues
Net sales	$ 5,932	$ 6,839	$ 7,399	$ 5,605	$ 8,043	$ 8,723	$ 9,246	$ 6,949	$ 25,775.2	$ 32,960.6	$ 34,997.9
Finance and interest income									2,381.1	2,282.1	2,115.1
Other income									706.5	824.2	682.4
Total	6,715	7,594	8,171	6,383	8,965	9,500	9,948	7,654	28,862.8	36,066.9	37,795.4
Costs and Expenses
Cost of sales									20,143.2	24,775.8	25,667.3
Research and development expenses									1,425.1	1,452	1,477.3
Selling, administrative and general expenses									2,873.3	3,284.4	3,605.5
Interest expense									680	664	741.3
Other operating expenses									961.1	1,093.3	820.6
Total									26,082.7	31,269.5	32,312
Income of Consolidated Group before Income Taxes	457	738	1,017	568	1,076	1,292	1,464	965	2,780.1	4,797.4	5,483.4
Provision for income taxes									840.1	1,626.5	1,945.9
Income of Consolidated Group									1,940	3,170.9	3,537.5
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates
Net Income									1,940.9	3,163.3	3,537.6
Less: Net income attributable to noncontrolling interests									0.9	1.6	0.3
Net Income Attributable to Deere & Company	$ 351	$ 512	$ 690	$ 387	$ 649	$ 851	$ 981	$ 681	1,940	3,161.7	3,537.3
Equipment Operations
Net Sales and Revenues
Net sales									25,775.2	32,960.6	34,997.9
Finance and interest income									77	76.5	80.8
Other income									602.7	622.6	549.1
Total									26,454.9	33,659.7	35,627.8
Costs and Expenses
Cost of sales									20,145.2	24,777.8	25,668.8
Research and development expenses									1,425.1	1,452	1,477.3
Selling, administrative and general expenses									2,393.8	2,765.1	3,143.9
Interest expense									272.8	289.4	297.1
Interest compensation to Financial Services									204.8	212.1	202.7
Other operating expenses									195	285.4	223.7
Total									24,636.7	29,781.8	31,013.5
Income of Consolidated Group before Income Taxes									1,818.2	3,877.9	4,614.3
Provision for income taxes									509.9	1,329.6	1,640.7
Income of Consolidated Group									1,308.3	2,548.3	2,973.6
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates									632.6	615	564
Net Income									1,940.9	3,163.3	3,537.6
Less: Net income attributable to noncontrolling interests									0.9	1.6	0.3
Net Income Attributable to Deere & Company									1,940	3,161.7	3,537.3
Equipment Operations | Financial Services
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates									632.9	624.5	565
Equipment Operations | Other
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates									(0.3)	(9.5)	(1)
Financial Services
Net Sales and Revenues
Finance and interest income									2,557	2,475	2,280.5
Other income									258.9	330.2	288.4
Total									2,815.9	2,805.2	2,568.9
Costs and Expenses
Selling, administrative and general expenses									487.3	529.2	473.2
Interest expense									455	430.9	487.6
Other operating expenses									911.7	925.6	739
Total									1,854	1,885.7	1,699.8
Income of Consolidated Group before Income Taxes									961.9	919.5	869.1
Provision for income taxes									330.2	296.9	305.2
Income of Consolidated Group									631.7	622.6	563.9
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates									1.2	1.9	1.1
Net Income									632.9	624.5	565
Net Income Attributable to Deere & Company									632.9	624.5	565
Financial Services | Financial Services
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates									$ 1.2	$ 1.9	$ 1.1

SUPPLEMENTAL CONSOLIDATING D132

SUPPLEMENTAL CONSOLIDATING DATA (Balance Sheet) (Details 2) - USD ($) $ / shares in Units, $ in Millions	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
ASSETS
Cash and cash equivalents	$ 4,162.2	$ 3,787	$ 3,504	$ 4,652.2
Marketable securities	437.4	1,215.1
Receivables from unconsolidated subsidiaries and affiliates	33.3	30.2
Trade accounts and notes receivable - net	3,051.1	3,277.6
Financing receivables - net	24,809	27,422.2
Financing receivables securitized - net	4,834.6	4,602.3
Other receivables	991.2	1,500.3
Equipment on operating leases - net	4,970.4	4,015.5
Inventories	3,817	4,209.7
Property and equipment - net	5,181.5	5,577.8	5,467
Investments in unconsolidated subsidiaries and affiliates	303.5	303.2	221
Goodwill	726	791.2	845
Other intangible assets - net	63.6	68.8
Retirement benefits	215.6	262
Deferred income taxes	2,767.3	2,776.6
Other assets	1,583.9	1,496.9
Total Assets	57,947.6	61,336.4	59,521
LIABILITIES
Short-term borrowings	8,426.6	8,019.2
Short-term securitization borrowings	4,590	4,558.5
Payables to unconsolidated subsidiaries and affiliates	80.6	101
Accounts payable and accrued expenses	7,311.5	8,554.1
Deferred income taxes	160.8	160.9
Long-term borrowings	23,832.8	24,380.7
Retirement benefits and other liabilities	6,787.7	6,496.5
Total liabilities	$ 51,190	$ 52,270.9
Commitments and contingencies (Note 22)
STOCKHOLDERS' EQUITY
Common stock, $1 par value (authorized - 1,200,000,000 shares; issued - 536,431,204 shares in 2015 and 2014), at paid-in amount	$ 3,825.6	$ 3,675.4	$ 3,524	$ 3,352
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, authorized shares	1,200,000,000	1,200,000,000
Common stock, issued shares	536,431,204	536,431,204	536,400,000	536,400,000
Common stock in treasury, 219,743,893 shares in 2015 and 190,926,805 shares in 2014, at cost	$ (15,497.6)	$ (12,834.2)
Common stock in treasury (in shares)	219,743,893	190,926,805
Retained earnings	$ 23,144.8	$ 22,004.4
Accumulated other comprehensive income (loss)	(4,729.4)	(3,783)
Total Deere & Company stockholders' equity	6,743.4	9,062.6
Noncontrolling interests	14.2	2.9
Total stockholders' equity	6,757.6	9,065.5	$ 10,267.7	$ 6,862
Total Liabilities and Stockholders' Equity	57,947.6	61,336.4
Equipment Operations
ASSETS
Cash and cash equivalents	2,900	2,569.2	3,023.3	3,907.9
Marketable securities	47.7	700.4
Receivables from unconsolidated subsidiaries and affiliates	2,428.7	3,663.9
Trade accounts and notes receivable - net	485.2	706
Financing receivables - net	0.9	18.5
Other receivables	849.5	848
Inventories	3,817	4,209.7
Property and equipment - net	5,126.2	5,522.5
Investments in unconsolidated subsidiaries and affiliates	4,817.6	5,106.5
Goodwill	726	791.2
Other intangible assets - net	63.6	64.8
Retirement benefits	211.9	263.5
Deferred income taxes	3,092	2,981.9
Other assets	807.3	850.6
Total Assets	25,373.6	28,296.7
LIABILITIES
Short-term borrowings	464.3	434.1
Payables to unconsolidated subsidiaries and affiliates	80.6	101
Accounts payable and accrued expenses	6,801.2	7,518.4
Deferred income taxes	86.8	87.1
Long-term borrowings	4,460.6	4,642.5
Retirement benefits and other liabilities	6,722.5	6,448.1
Total liabilities	$ 18,616	$ 19,231.2
Commitments and contingencies (Note 22)
STOCKHOLDERS' EQUITY
Common stock, $1 par value (authorized - 1,200,000,000 shares; issued - 536,431,204 shares in 2015 and 2014), at paid-in amount	$ 3,825.6	$ 3,675.4
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, authorized shares	1,200,000,000	1,200,000,000
Common stock, issued shares	536,431,204	536,431,204
Common stock in treasury, 219,743,893 shares in 2015 and 190,926,805 shares in 2014, at cost	$ (15,497.6)	$ (12,834.2)
Common stock in treasury (in shares)	219,743,893	190,926,805
Retained earnings	$ 23,144.8	$ 22,004.4
Accumulated other comprehensive income (loss)	(4,729.4)	(3,783)
Total Deere & Company stockholders' equity	6,743.4	9,062.6
Noncontrolling interests	14.2	2.9
Total stockholders' equity	6,757.6	9,065.5
Total Liabilities and Stockholders' Equity	25,373.6	28,296.7
Financial Services
ASSETS
Cash and cash equivalents	1,262.2	1,217.8	$ 480.8	$ 744.3
Marketable securities	389.7	514.7
Trade accounts and notes receivable - net	3,553.1	3,554.4
Financing receivables - net	24,808.1	27,403.7
Financing receivables securitized - net	4,834.6	4,602.3
Other receivables	152.9	659
Equipment on operating leases - net	4,970.4	4,015.5
Property and equipment - net	55.3	55.3
Investments in unconsolidated subsidiaries and affiliates	10.5	10.9
Other intangible assets - net		4
Retirement benefits	25	32.9
Deferred income taxes	67.9	64.9
Other assets	779.1	648.2
Total Assets	40,908.8	42,783.6
LIABILITIES
Short-term borrowings	7,962.3	7,585.1
Short-term securitization borrowings	4,590	4,558.5
Payables to unconsolidated subsidiaries and affiliates	2,395.4	3,633.7
Accounts payable and accrued expenses	1,511.2	2,027
Deferred income taxes	466.6	344.1
Long-term borrowings	19,372.2	19,738.2
Retirement benefits and other liabilities	86.4	82.8
Total liabilities	$ 36,384.1	$ 37,969.4
Commitments and contingencies (Note 22)
STOCKHOLDERS' EQUITY
Common stock, $1 par value (authorized - 1,200,000,000 shares; issued - 536,431,204 shares in 2015 and 2014), at paid-in amount	$ 2,050.8	$ 2,023.1
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, authorized shares	1,200,000,000	1,200,000,000
Common stock, issued shares	536,431,204	536,431,204
Retained earnings	$ 2,764.8	$ 2,811.8
Accumulated other comprehensive income (loss)	(290.9)	(20.7)
Total Deere & Company stockholders' equity	4,524.7	4,814.2
Total stockholders' equity	4,524.7	4,814.2
Total Liabilities and Stockholders' Equity	$ 40,908.8	$ 42,783.6

SUPPLEMENTAL CONSOLIDATING D133

SUPPLEMENTAL CONSOLIDATING DATA (Statement of Cash Flows) (Details 3) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Cash Flows from Operating Activities
Net income	$ 1,940.9	$ 3,163.3	$ 3,537.6
Adjustments to reconcile net income to net cash provided by operating activities:
Provision (credit) for credit losses	55.4	38.1	20.5
Provision for depreciation and amortization	1,382.4	1,306.5	1,140.3
Impairment charges	34.8	95.9	102
Undistributed earnings of unconsolidated subsidiaries and affiliates	(1)	9.3	9.1
Provision (credit) for deferred income taxes	(18.4)	(280.1)	(172.6)
Changes in assets and liabilities:
Trade receivables	811.6	(749)	(1,510.2)
Insurance receivables	333.4	(149.9)	263.4
Inventories	(691.4)	(297.9)	(728.4)
Accounts payable and accrued expenses	(503.6)	(137.1)	217.1
Accrued income taxes payable/receivable	(137.6)	342.6	80.4
Retirement benefits	427.5	336.9	262
Other	40.2	(231.2)	(47.6)
Net cash provided by operating activities	3,740.3	3,525.9	3,254.3
Cash Flows from Investing Activities
Proceeds from maturities and sales of marketable securities	860.7	1,022.5	843.9
Proceeds from sales of equipment on operating leases	1,049.4	1,091.5	936.7
Proceeds from sales of businesses, net of cash sold	149.2	345.8	22
Purchases of marketable securities	(154.9)	(614.6)	(1,026.3)
Purchases of property and equipment	(694)	(1,048.3)	(1,158.4)
Cost of equipment on operating leases acquired	(2,132.1)	(1,611)	(1,216.9)
Acquisitions of businesses, net of cash acquired			(83.5)
Other	(60.2)	(145.6)	(214.5)
Net cash used for investing activities	(1,058.7)	(2,881)	(4,820.7)
Cash Flows from Financing Activities
Increase in total short-term borrowings	501.6	89.2	2,749.4
Proceeds from long-term borrowings	5,711	8,232	4,734
Payments of long-term borrowings	(4,863.2)	(5,209.1)	(4,958.5)
Proceeds from issuance of common stock	172.1	149.5	174.5
Repurchases of common stock	(2,770.7)	(2,731.1)	(1,531.4)
Dividends paid	(816.3)	(786)	(752.9)
Excess tax benefits from share-based compensation	18.5	30.8	50.7
Other	(72.1)	(63.6)	(59.3)
Net cash provided by (used for) financing activities	(2,119.1)	(288.3)	406.5
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(187.3)	(73.6)	11.7
Net Increase (Decrease) in Cash and Cash Equivalents	375.2	283	(1,148.2)
Cash and Cash Equivalents at Beginning of Year	3,787	3,504	4,652.2
Cash and Cash Equivalents at End of Year	4,162.2	3,787	3,504
Equipment Operations
Cash Flows from Operating Activities
Net income	1,940.9	3,163.3	3,537.6
Adjustments to reconcile net income to net cash provided by operating activities:
Provision (credit) for credit losses	5.5	2.9	10.8
Provision for depreciation and amortization	791.8	795.7	733
Impairment charges	15.3	95.9	102
Undistributed earnings of unconsolidated subsidiaries and affiliates	46.6	(463.4)	(369)
Provision (credit) for deferred income taxes	(139.8)	(236.4)	(204.6)
Changes in assets and liabilities:
Trade receivables	113.4	231.5	26.1
Inventories	(17)	496.2	(69.6)
Accounts payable and accrued expenses	(253.8)	(277)	470.5
Accrued income taxes payable/receivable	(133)	330.5	84.2
Retirement benefits	414.3	323	241.6
Other	271.1	70	106
Net cash provided by operating activities	3,055.3	4,532.2	4,668.6
Cash Flows from Investing Activities
Proceeds from maturities and sales of marketable securities	700.1	1,000.1	800.1
Proceeds from sales of businesses, net of cash sold		345.8	22
Purchases of marketable securities	(60)	(504.1)	(911.1)
Purchases of property and equipment	(688.1)	(1,045.2)	(1,155.2)
Increase in investment in Financial Services	(27.4)	(66.8)	(121.6)
Acquisitions of businesses, net of cash acquired			(83.5)
Other	6.8	(98.6)	(120)
Net cash used for investing activities	(68.6)	(368.8)	(1,569.3)
Cash Flows from Financing Activities
Increase in total short-term borrowings	211.9	(65.8)	36
Change in intercompany receivables/payables	928.6	(367.5)	(2,007.2)
Proceeds from long-term borrowings	6.2	60.7	282.9
Payments of long-term borrowings	(214.2)	(819.1)	(191)
Proceeds from issuance of common stock	172.1	149.5	174.5
Repurchases of common stock	(2,770.7)	(2,731.1)	(1,531.4)
Dividends paid	(816.3)	(786)	(752.9)
Excess tax benefits from share-based compensation	18.5	30.8	50.7
Other	(45.4)	(27.7)	(40.1)
Net cash provided by (used for) financing activities	(2,509.3)	(4,556.2)	(3,978.5)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(146.6)	(61.3)	(5.4)
Net Increase (Decrease) in Cash and Cash Equivalents	330.8	(454.1)	(884.6)
Cash and Cash Equivalents at Beginning of Year	2,569.2	3,023.3	3,907.9
Cash and Cash Equivalents at End of Year	2,900	2,569.2	3,023.3
Financial Services
Cash Flows from Operating Activities
Net income	632.9	624.5	565
Adjustments to reconcile net income to net cash provided by operating activities:
Provision (credit) for credit losses	49.9	35.2	9.7
Provision for depreciation and amortization	688.5	574.9	492.2
Impairment charges	19.5
Undistributed earnings of unconsolidated subsidiaries and affiliates	(1)	(1.7)	(0.9)
Provision (credit) for deferred income taxes	121.4	(43.7)	32
Changes in assets and liabilities:
Insurance receivables	333.4	(149.9)	263.4
Accounts payable and accrued expenses	(245.4)	263.3	(207.9)
Accrued income taxes payable/receivable	(4.6)	12.1	(3.8)
Retirement benefits	13.2	13.9	20.4
Other	(25.7)	(7.7)	73.5
Net cash provided by operating activities	1,582.1	1,320.9	1,243.6
Cash Flows from Investing Activities
Collections of receivables (excluding trade and wholesale)	16,266.1	16,772	15,440
Proceeds from maturities and sales of marketable securities	160.6	22.4	43.8
Proceeds from sales of equipment on operating leases	1,049.4	1,091.5	936.7
Proceeds from sales of businesses, net of cash sold	149.2
Cost of receivables acquired (excluding trade and wholesale)	(16,327.8)	(19,015.3)	(18,792.7)
Purchases of marketable securities	(94.9)	(110.5)	(115.2)
Purchases of property and equipment	(5.9)	(3.1)	(3.2)
Cost of equipment on operating leases acquired	(3,043.6)	(2,684.2)	(2,107.2)
Increase in trade and wholesale receivables	657	(782)	(1,152.7)
Other	(45.1)	(47.1)	(94.5)
Net cash used for investing activities	(1,235)	(4,756.3)	(5,845)
Cash Flows from Financing Activities
Increase in total short-term borrowings	289.7	155	2,713.5
Change in intercompany receivables/payables	(928.6)	367.5	2,007.2
Proceeds from long-term borrowings	5,704.8	8,171.3	4,451.1
Payments of long-term borrowings	(4,649)	(4,390)	(4,767.4)
Capital investment from Equipment Operations	27.4	66.8	121.6
Dividends paid	(679.6)	(150)	(186)
Other	(26.7)	(35.9)	(19.2)
Net cash provided by (used for) financing activities	(262)	4,184.7	4,320.8
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(40.7)	(12.3)	17.1
Net Increase (Decrease) in Cash and Cash Equivalents	44.4	737	(263.5)
Cash and Cash Equivalents at Beginning of Year	1,217.8	480.8	744.3
Cash and Cash Equivalents at End of Year	$ 1,262.2	$ 1,217.8	$ 480.8

SCHEDULE II - VALUATION AND QUA

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Consolidated Receivable Allowances
Allowance for credit losses:
Balance at beginning of period	$ 230,178	$ 240,145	$ 242,866
Charged to costs and expenses	52,923	38,242	20,170
Charged to other accounts	26,333	26,152	28,547
Deductions	110,990	74,361	51,438
Balance at end of period	198,444	230,178	240,145
Trade Receivable Allowances | Equipment Operations
Allowance for credit losses:
Balance at beginning of period	50,248	62,845	62,255
Charged to costs and expenses	5,270	3,054	10,546
Charged to other accounts - bad debt recoveries	116	92	476
Deductions - receivable write-offs	5,260	10,744	3,847
Deductions - Other (primarily translation)	15,483	4,999	6,585
Balance at end of period	34,891	50,248	62,845
Trade Receivable Allowances | Financial Services
Allowance for credit losses:
Balance at beginning of period	5,298	4,300	4,037
Charged to costs and expenses	1,172	4,009	(102)
Charged to other accounts - bad debt recoveries	230	92	203
Charged to other accounts - other (primarily translation)			462
Deductions - receivable write-offs	329	2,863	300
Deductions - Other (primarily translation)	439	240
Balance at end of period	5,932	5,298	4,300
Financing Receivable Allowances | Financial Services
Allowance for credit losses:
Balance at beginning of period	174,632	173,000	176,574
Charged to costs and expenses	46,481	31,179	9,726
Charged to other accounts - bad debt recoveries	25,987	25,968	27,406
Deductions - receivable write-offs	66,807	49,313	35,258
Deductions - Other (primarily translation)	22,672	6,202	5,448
Balance at end of period	$ 157,621	$ 174,632	$ 173,000