Deere & Company (DE) 10-K 18 Dec 17 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Oct. 29, 2017	Nov. 30, 2017	Apr. 30, 2017
Document and Entity Information
Entity Registrant Name	DEERE & CO
Entity Central Index Key	315,189
Document Type	10-K
Document Period End Date	Oct. 29, 2017
Amendment Flag	false
Current Fiscal Year End Date	--10-29
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 35,641,157,591
Entity Common Stock, Shares Outstanding		322,595,010
Document Fiscal Year Focus	2,017
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. 29, 2017	Jul. 30, 2017	Apr. 30, 2017	Jan. 29, 2017	Oct. 30, 2016	Jul. 31, 2016	May 01, 2016	Jan. 31, 2016	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Net Sales and Revenues
Net sales	$ 7,094	$ 6,833	$ 7,260	$ 4,698	$ 5,650	$ 5,861	$ 7,107	$ 4,769	$ 25,885.1	$ 23,387.3	$ 25,775.2
Finance and interest income									2,731.5	2,511.2	2,381.1
Other income									1,121.1	745.5	706.5
Total	8,018	7,808	8,287	5,625	6,520	6,724	7,875	5,525	29,737.7	26,644	28,862.8
Costs and Expenses
Cost of sales									19,933.5	18,248.9	20,143.2
Research and development expenses									1,367.7	1,389.1	1,425.1
Selling, administrative and general expenses									3,066.6	2,763.7	2,873.3
Interest expense									899.5	763.7	680
Other operating expenses									1,316.6	1,254.6	961.1
Total									26,583.9	24,420	26,082.7
Income of Consolidated Group before Income Taxes	767	890	1,169	328	435	705	733	351	3,153.8	2,224	2,780.1
Provision for income taxes									971.1	700.1	840.1
Income of Consolidated Group									2,182.7	1,523.9	1,940
Equity in income (loss) of unconsolidated affiliates									(23.5)	(2.4)	0.9
Net Income									2,159.2	1,521.5	1,940.9
Less: Net income (loss) attributable to noncontrolling interests									0.1	(2.4)	0.9
Net Income Attributable to Deere & Company	$ 510	$ 642	$ 808	$ 199	$ 285	$ 489	$ 496	$ 254	$ 2,159.1	$ 1,523.9	$ 1,940
Per Share Data
Basic (in dollars per share)	$ 1.59	$ 2	$ 2.53	$ 0.63	$ 0.91	$ 1.55	$ 1.57	$ 0.80	$ 6.76	$ 4.83	$ 5.81
Diluted (in dollars per share)	1.57	1.97	2.50	0.62	0.90	1.55	1.56	0.80	6.68	4.81	5.77
Dividends declared (in dollars per share)	$ 0.60	$ 0.60	$ 0.60	$ 0.60	$ 0.60	$ 0.60	$ 0.60	$ 0.60	$ 2.40	$ 2.40	$ 2.40
Average Shares Outstanding
Basic (in shares)									319.5	315.2	333.6
Diluted (in shares)									323.3	316.6	336

STATEMENT OF CONSOLIDATED COMPR

STATEMENT OF CONSOLIDATED COMPREHENSIVE INCOME - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
STATEMENT OF CONSOLIDATED COMPREHENSIVE INCOME
Net Income	$ 2,159.2	$ 1,521.5	$ 1,940.9
Other Comprehensive Income (Loss), Net of Income Taxes
Retirement benefits adjustment	828.8	(907.6)	(7.7)
Cumulative translation adjustment	230.6	9	(935.1)
Unrealized gain (loss) on derivatives	3.7	2.9	(2.5)
Unrealized loss on investments	(0.6)	(0.9)	(1.5)
Other Comprehensive Income (Loss), Net of Income Taxes	1,062.5	(896.6)	(946.8)
Comprehensive Income of Consolidated Group	3,221.7	624.9	994.1
Less: Comprehensive income (loss) attributable to noncontrolling interests	0.3	(2.4)	0.5
Comprehensive Income Attributable to Deere & Company	$ 3,221.4	$ 627.3	$ 993.6

CONSOLIDATED BALANCE SHEET

CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015	Nov. 02, 2014
ASSETS
Cash and cash equivalents	$ 9,334.9	$ 4,335.8	$ 4,162.2	$ 3,787
Marketable securities	451.6	453.5
Receivables from unconsolidated affiliates	35.9	16.5
Trade accounts and notes receivable - net	3,924.9	3,011.3
Financing receivables - net	25,104.1	23,702.3
Financing receivables securitized - net	4,158.8	5,126.5
Other receivables	1,200	1,018.5
Equipment on operating leases - net	6,593.7	5,901.5
Inventories	3,904.1	3,340.5
Property and equipment - net	5,067.7	5,170.6	5,181
Investments in unconsolidated affiliates	182.5	232.6	303
Goodwill	1,033.3	815.7	726
Other intangible assets - net	218	104.1
Retirement benefits	538.2	93.6
Deferred income taxes	2,415	2,964.4
Other assets	1,623.6	1,631.1
Total Assets	65,786.3	57,918.5	57,883
LIABILITIES
Short-term borrowings	10,035.3	6,910.7
Short-term securitization borrowings	4,118.7	4,997.8
Payables to unconsolidated affiliates	121.9	81.6
Accounts payable and accrued expenses	8,417	7,240.1
Deferred income taxes	209.7	166
Long-term borrowings	25,891.3	23,703
Retirement benefits and other liabilities	7,417.9	8,274.5
Total liabilities	56,211.8	51,373.7
Commitments and contingencies (Note 22)
Redeemable noncontrolling interest (Note 4)	14	14
STOCKHOLDERS' EQUITY
Common stock, $1 par value (authorized - 1,200,000,000 shares; issued - 536,431,204 shares in 2017 and 2016), at paid-in amount	4,280.5	3,911.8	3,826	3,675
Common stock in treasury, 214,589,902 shares in 2017 and 221,663,380 shares in 2016, at cost	(15,460.8)	(15,677.1)
Retained earnings	25,301.3	23,911.3
Accumulated other comprehensive income (loss)	(4,563.7)	(5,626)
Total Deere & Company stockholders' equity	9,557.3	6,520
Noncontrolling interests	3.2	10.8
Total stockholders' equity	9,560.5	6,530.8	$ 6,757.6	$ 9,065.5
Total Liabilities and Stockholders' Equity	$ 65,786.3	$ 57,918.5

CONSOLIDATED BALANCE SHEET (Par

CONSOLIDATED BALANCE SHEET (Parenthetical) - $ / shares	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015	Nov. 02, 2014
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	214,589,902	221,663,380

STATEMENT OF CONSOLIDATED CASH

STATEMENT OF CONSOLIDATED CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Cash Flows from Operating Activities
Net income	$ 2,159.2	$ 1,521.5	$ 1,940.9
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	98.3	94.3	55.4
Provision for depreciation and amortization	1,715.5	1,559.8	1,382.4
Impairment charges	39.8	85.1	34.8
Share-based compensation expense	68.1	70.6	66.1
Gain on sale of unconsolidated affiliates and investments	(375.1)	(74.5)
Undistributed earnings of unconsolidated affiliates	(14.4)	(1.9)	(1)
Provision (credit) for deferred income taxes	100.1	282.7	(18.4)
Changes in assets and liabilities:
Trade, notes and financing receivables related to sales	(838.9)	335.2	811.6
Insurance receivables			333.4
Inventories	(1,305.3)	(106.1)	(691.4)
Accounts payable and accrued expenses	968	(155.2)	(503.6)
Accrued income taxes payable/receivable	(84.2)	7	(119.1)
Retirement benefits	(31.9)	238.6	427.5
Other	(299.4)	(87.4)	40.2
Net cash provided by operating activities	2,199.8	3,769.7	3,758.8
Cash Flows from Investing Activities
Collections of receivables (excluding receivables related to sales)	14,671.1	14,611.4	14,919.7
Proceeds from maturities and sales of marketable securities	404.2	169.4	860.7
Proceeds from sales of equipment on operating leases	1,440.8	1,256.2	1,049.4
Proceeds from sales of businesses and unconsolidated affiliates, net of cash sold	113.9	81.1	149.2
Cost of receivables acquired (excluding receivables related to sales)	(15,221.8)	(13,954.5)	(14,996.5)
Purchases of marketable securities	(118)	(171.2)	(154.9)
Purchases of property and equipment	(594.9)	(644.4)	(694)
Cost of equipment on operating leases acquired	(1,997.4)	(2,310.7)	(2,132.1)
Acquisitions of businesses, net of cash acquired	(284.2)	(198.5)
Other	(58)	(16)	(60.2)
Net cash used for investing activities	(1,644.3)	(1,177.2)	(1,058.7)
Cash Flows from Financing Activities
Increase (decrease) in total short-term borrowings	1,310.6	(1,213.6)	501.6
Proceeds from long-term borrowings	8,702.2	5,070.7	5,711
Payments of long-term borrowings	(5,397)	(5,267.6)	(4,863.2)
Proceeds from issuance of common stock	528.7	36	172.1
Repurchases of common stock	(6.2)	(205.4)	(2,770.7)
Dividends paid	(764)	(761.3)	(816.3)
Other	(87.8)	(64.7)	(72.1)
Net cash provided by (used for) financing activities	4,286.5	(2,405.9)	(2,137.6)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	157.1	(13)	(187.3)
Net Increase in Cash and Cash Equivalents	4,999.1	173.6	375.2
Cash and Cash Equivalents at Beginning of Year	4,335.8	4,162.2	3,787
Cash and Cash Equivalents at End of Year	$ 9,334.9	$ 4,335.8	$ 4,162.2

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)	Noncontrolling Interests	Total
Balance at Nov. 02, 2014	$ 3,675.4	$ (12,834.2)	$ 22,004.4	$ (3,783)	$ 2.9	$ 9,065.5
Increase (Decrease) in Stockholders' Equity
Net income (loss)			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	150.2		(0.1)		12.1	162.2
Balance at Nov. 01, 2015	3,825.6	(15,497.6)	23,144.8	(4,729.4)	14.2	6,757.6
Increase (Decrease) in Stockholders' Equity
Net income (loss)			1,523.9		(2.4)	1,521.5
Other comprehensive income (loss)				(896.6)		(896.6)
Repurchases of common stock		(205.4)				(205.4)
Treasury shares reissued		25.9				25.9
Dividends declared			(757.1)		(0.9)	(758)
Stock options and other	86.2		(0.3)		(0.1)	85.8
Balance at Oct. 30, 2016	3,911.8	(15,677.1)	23,911.3	(5,626)	10.8	6,530.8
Increase in Redeemable Noncontrolling Interest
Acquisition (Note 4)						14
Redeemable Noncontrolling Interest - Balance at Oct. 30, 2016						14
Increase (Decrease) in Stockholders' Equity
Net income (loss)			2,159.1		0.1	2,159.2
Other comprehensive income (loss)				1,062.3	0.2	1,062.5
Repurchases of common stock		(6.2)				(6.2)
Treasury shares reissued		222.5				222.5
Dividends declared			(769.2)		(1.2)	(770.4)
Stock options and other	368.7		0.1		(6.7)	362.1
Balance at Oct. 29, 2017	$ 4,280.5	$ (15,460.8)	$ 25,301.3	$ (4,563.7)	$ 3.2	9,560.5
Redeemable Noncontrolling Interest - Balance at Oct. 29, 2017						$ 14

ORGANIZATION AND CONSOLIDATION

ORGANIZATION AND CONSOLIDATION	12 Months Ended
	Oct. 29, 2017
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 that 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 uses a 52/53 week fiscal year ending on the last Sunday in the reporting period. The fiscal year ends for 2017, 2016, and 2015 were October 29, 2017, October 30, 2016, and November 1, 2015, respectively. All fiscal years contained 52 weeks. 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. 29, 2017
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. Extended warranty 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 and consideration of current quality developments (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 $169 million in 2017, $169 million in 2016, and $157 million in 2015. Depreciation and Amortization Property and equipment, capitalized software, and other intangible assets are generally 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 equipment on operating leases, 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 quarter of each fiscal 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. 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 is considered impaired, the impairment is measured as the excess of the reporting unit’s carrying value over the fair value, with a limit of the goodwill allocated to that reporting unit. If the carrying value of the 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 Notes 5 and 26). 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 or 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 2017, 2016, and 2015 was $(62) million, $(38) million, and $22 million, respectively.

NEW ACCOUNTING STANDARDS

NEW ACCOUNTING STANDARDS	12 Months Ended
	Oct. 29, 2017
NEW ACCOUNTING STANDARDS
NEW ACCOUNTING STANDARDS	3. NEW ACCOUNTING STANDARDS New Accounting Standards Adopted In the first quarter of 2017, the company adopted Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) No. 2015-03, Simplifying the Presentation of Debt Issuance Costs, which amends Accounting Standards Codification (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. As required, the presentation and disclosure requirements were adopted through retrospective application with the consolidated balance sheet and related notes in prior periods adjusted for a consistent presentation. Debt issuance costs of $63 million at October 30, 2016 were reclassified from other assets to borrowings in the consolidated balance sheet. In the third quarter of 2017, the company early adopted ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting, which amends ASC 718, Compensation – Stock Compensation. This ASU changes the treatment of share based payment transactions by recognizing the impact of excess tax benefits or deficiencies related to exercised or vested awards in income tax expense in the period of exercise or vesting, instead of common stock. As required, this change was reflected for all periods in fiscal year 2017. Net income increased in fiscal year 2017 by approximately $30 million. The ASU also modified the presentation of excess tax benefits in the statement of consolidated cash flows by including that amount with other income tax cash flows as an operating activity and no longer presented separately as a financing activity. This change was recognized through a retrospective application that increased net cash flow provided by operating activities by approximately $30 million, $5 million, and $19 million in fiscal years 2017, 2016, and 2015. The ASU also requires that cash paid by an employer when directly withholding shares for tax withholding purposes should be presented as a financing activity in the statement of consolidated cash flows, which is the company’s existing presentation. The company will continue to recognize the impact of share-based payment award forfeitures as the forfeitures occur. In the third quarter of 2017, the company early adopted ASU No. 2017-04, Simplifying the Test for Goodwill Impairment, which amends ASC 350, Intangibles – Goodwill and Other. This ASU simplifies the goodwill impairment test by removing the requirement to perform a hypothetical purchase price allocation when the carrying value of a reporting unit exceeds its fair value. This ASU states the impairment is measured as the excess of the reporting unit’s carrying value over the fair value, with a limit of the goodwill allocated to that reporting unit. The adoption did not have a material effect on the company’s consolidated financial statement. The company also adopted the following standards in the first quarter of 2017, none of which had a material effect on the company’s consolidated financial statements: Accounting Standard Update 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 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 2015-11—Simplifying the Measurement of Inventory, which amends ASC 330, Inventory 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 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. In August 2015, the FASB amended the effective date to be the first quarter of fiscal year 2019 with early adoption permitted in the first quarter of fiscal year 2018. The FASB issued several amendments clarifying various aspects of the ASU, including revenue transactions that involve a third party, goods or services that are immaterial in the context of the contract, and licensing arrangements. The company plans to adopt the ASU effective the first quarter of fiscal year 2019 using a modified retrospective method. The company’s evaluation of the ASU is largely complete, with the exception of the Wirtgen acquisition (see Note 30). The ASU requires that a gross asset and liability rather than a net liability be recorded for the value of estimated service parts returns and the refund liability. The gross asset will be recorded in other assets and the gross liability will be recorded in accounts payable and accrued expenses. In addition, certain revenue disclosures will be expanded. At this point of the evaluation, the company has not identified an item that will have a material effect on the company’s consolidated financial statements. The company continues to evaluate the ASU’s potential effects on the consolidated financial statements. In January 2016, the FASB issued ASU No. 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities, which amends ASC 825-10, Financial Instruments - Overall. This ASU changes the treatment for available-for-sale equity investments by recognizing unrealized fair value changes directly in net income and no longer in other comprehensive income. The effective date will be the first quarter of fiscal year 2019. Early adoption of the provisions affecting the company is not permitted. The ASU will be adopted with a cumulative-effect adjustment to the balance sheet in the year of adoption. The company is evaluating the potential effects on the consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), which supersedes ASC 840, Leases. The ASU’s primary change is the requirement for lessee entities to recognize a lease liability for payments and a right of use asset during the term of operating lease arrangements. The ASU does not significantly change the lessee’s recognition, measurement, and presentation of expenses and cash flows from the previous accounting standard. Lessors’ accounting under the ASC is largely unchanged from the previous accounting standard. Lessees and lessors will use a modified retrospective transition approach. The effective date will be the first quarter of fiscal year 2020 with early adoption permitted. The company is evaluating the potential effects on the consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-07, Simplifying the Transition to the Equity Method of Accounting, which amends ASC 323, Investments - Equity Method and Joint Ventures. This ASU eliminates the requirement to retroactively restate the investment, results of operations, and retained earnings on a step by step basis when an investment qualifies for use of the equity method as a result of an increase in ownership or degree of influence. The effective date will be the first quarter of fiscal year 2018, with early adoption permitted, and will be adopted prospectively. The adoption will not have a material effect on the company’s consolidated financial statements. In June 2016, the FASB issued ASU No. 2016-13, Measurement of Credit Losses on Financial Instruments, which establishes ASC 326, Financial Instruments - Credit Losses. The ASU revises the measurement of credit losses for financial assets measured at amortized cost from an incurred loss methodology to an expected loss methodology. The ASU affects trade receivables, debt securities, net investment in leases, and most other financial assets that represent a right to receive cash. Additional disclosures about significant estimates and credit quality are also required. The effective date will be the first quarter of fiscal year 2021, with early adoption permitted beginning in fiscal year 2020. The ASU will be adopted using a modified-retrospective approach. The company is evaluating the potential effects on the consolidated financial statements. In August 2016, the FASB issued ASU No. 2016-15, Classification of Certain Cash Receipts and Cash Payments, which amends ASC 230, Statement of Cash Flows. This ASU provides guidance on the statement of cash flows presentation of certain transactions where diversity in practice exists. The effective date will be the first quarter of fiscal year 2019, with early adoption permitted. The ASU will be adopted using a retrospective transition approach. The adoption will not have a material effect on the company’s consolidated financial statements. In October 2016, the FASB issued ASU No. 2016-16, Intra-Entity Transfers of Assets Other Than Inventory, which amends ASC 740, Income Taxes. This ASU requires that the income tax consequences of an intra-entity asset transfer other than inventory are recognized at the time of the transfer. The effective date will be the first quarter of fiscal year 2019, with early adoption permitted. The ASU will be adopted using a modified-retrospective transition approach. The adoption will not have a material effect on the company’s consolidated financial statements. In November 2016, the FASB issued ASU No. 2016-18, Restricted Cash, which amends ASC 230, Statement of Cash Flows. This ASU requires that a statement of cash flows explain the change during the reporting period in the total of cash, cash equivalents, and restricted cash or restricted cash equivalents. The effective date will be the first quarter of fiscal year 2019, with early adoption permitted, and will be adopted using a retrospective transition approach. The adoption will not have a material effect on the company’s consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-01, Clarifying the Definition of a Business, which amends ASC 805, Business Combinations. This ASU provides further guidance on the definition of a business to determine whether transactions should be accounted for as acquisitions of assets or businesses. The effective date will be the first quarter of fiscal year 2019, with early adoption permitted in certain cases. The ASU will be adopted on a prospective basis and will not have a material effect on the company’s consolidated financial statements. In March 2017, the FASB issued ASU No. 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost, which amends ASC 715, Compensation – Retirement Benefits. This ASU requires that employers report only the service cost component of the total defined benefit pension and postretirement benefit cost in the same income statement lines as compensation for the participating employees. The other components of these benefit costs are reported outside of income from operations. In addition, only the service cost component of the benefit costs is eligible for capitalization. The ASU will be adopted on a retrospective basis for the presentation of the benefit costs and on a prospective basis for the capitalization of only the service cost. The effective date is fiscal year 2019, with early adoption permitted. The company will adopt the ASU in the first quarter of fiscal year 2018. If adopted in fiscal year 2017, operating profit would have increased by approximately $31 million. The adoption is estimated to improve operating profit in fiscal year 2018 by approximately $25 million. In March 2017, the FASB issued ASU No. 2017-08, Premium Amortization on Purchased Callable Debt Securities, which amends ASC 310-20, Receivables—Nonrefundable Fees and Other Costs. This ASU reduces the amortization period for certain callable debt securities held at a premium to the earliest call date. The treatment of securities held at a discount is unchanged. The effective date is the first quarter of fiscal year 2020, with early adoption permitted. The adoption will not have a material effect on the company’s consolidated financial statements. In May 2017, the FASB issued ASU No. 2017-09, Scope of Modification Accounting, which amends ASC 718, Compensation – Stock Compensation. This ASU provides guidance about which changes to the terms of a share-based payment award should be accounted for as a modification. A change to an award should be accounted for as a modification unless the fair value of the modified award is the same as the original award, the vesting conditions do not change, and the classification as an equity or liability instrument does not change. The ASU will be adopted on a prospective basis. The effective date is the first quarter of fiscal year 2019, with early adoption permitted. The adoption will not have a material effect on the company’s consolidated financial statements. In August 2017, the FASB issued ASU No. 2017-12, Targeted Improvements to Accounting for Hedging Activities, which amends ASC 815, Derivatives and Hedging. The purpose of this ASU is to better align a company’s risk management activities and financial reporting for hedging relationships, simplify the hedge accounting requirements, and improve the disclosures of hedging arrangements. The effective date is fiscal year 2020, with early adoption permitted. The company is evaluating the potential effects on the consolidated financial statements.

ACQUISITIONS AND DISPOSITIONS

ACQUISITIONS AND DISPOSITIONS	12 Months Ended
	Oct. 29, 2017
ACQUISITIONS AND DISPOSITIONS
ACQUISITIONS AND DISPOSITIONS	4. ACQUISITIONS AND DISPOSITIONS In September 2017, the company acquired Blue River Technology (Blue River), which is based in Sunnyvale, California for an acquisition cost of approximately $284 million, net of cash acquired of $4 million and $21 million funded to escrow for post-acquisition expenses. Blue River has designed and integrated computer vision and machine learning technology to optimize the use of farm inputs. Machine learning technologies could eventually be applied to a wide range of the company’s products. The preliminary fair values assigned to the assets and liabilities related to the acquired entity were approximately $1 million of trade receivables, $2 million of property and equipment, $193 million of goodwill, $125 million of identifiable intangible assets, $1 million of accounts payable and accrued expenses, and $36 million of deferred tax liabilities. The identifiable intangibles were primarily related to in-process research and development, which will not be amortized until the research and development efforts are complete or end. The goodwill is not expected to be deducted for tax purposes. Blue River is included in the company’s agriculture and turf operating segment. In March 2016, the company acquired an 80 percent interest in Hagie Manufacturing Company, LLC, the U.S. market leader in high-clearance sprayers located in Clarion, Iowa, for a cost of approximately $53 million, net of cash acquired of $3 million. The fair values assigned to the assets and liabilities related to the acquired entity were approximately $2 million of trade receivables, $33 million of inventories, $17 million of property and equipment, $33 million of goodwill, $22 million of identifiable intangible assets, $3 million of other assets, and $43 million of accounts payable and accrued expenses, with a $14 million redeemable noncontrolling interest. The identifiable intangibles were primarily related to technology, trade name and customer relationships, which have a weighted average amortization period of eight years. The goodwill is deductible for tax purposes. If certain events occur, the minority interest holder has the right to exercise a put option that would require the company to purchase the holder’s membership interest. The company also has a call option exercisable after a certain period of time. The put and call options cannot be separated from the noncontrolling interest. Due to the redemption features, the minority interest holder’s value is classified as a redeemable noncontrolling interest in the company’s consolidated balance sheet. In February 2016, the company acquired Monosem for a cost of approximately $146 million, net of cash acquired of $20 million. Monosem, with four facilities in France and two in the U.S., is the European market leader in precision planters. The fair values assigned to the assets and liabilities related to the acquired entity were approximately $5 million of trade receivables, $2 million of other receivables, $29 million of inventories, $24 million of property and equipment, $62 million of goodwill, $42 million of identifiable intangible assets, $23 million of other assets, $22 million of accounts payable and accrued expenses, and $19 million of deferred tax liabilities. The identifiable intangibles were primarily related to trade name, customer relationships and technology, which have a weighted average amortization period of nine years. The goodwill is not deductible for tax purposes. For the 2017 and 2016 acquisitions, the entities were consolidated and the results of these operations have been included in the company’s consolidated financial statements in the agriculture and turf operating segment since the dates of acquisition. The pro forma results of operations as if the acquisitions had occurred at the beginning of the current or comparative fiscal year would not differ significantly from the reported results. 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. to Farmers Mutual Hail Insurance Company of Iowa. These operations were included in the company’s financial services operating segment. 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.

SPECIAL ITEMS

SPECIAL ITEMS	12 Months Ended
	Oct. 29, 2017
SPECIAL ITEMS
SPECIAL ITEMS	5. SPECIAL ITEMS Impairments In the fourth quarter of 2017, the company recorded a non-cash charge of $40 million pretax in equity in loss of unconsolidated affiliates for an other than temporary decline in value of an investment in an international construction equipment manufacturer with a $14 million income tax benefit recorded in the provision for income taxes (see Note 26). In the fourth quarter of 2016, the company recorded a non-cash charge in cost of sales for the impairment of long-lived assets of $13 million pretax and after-tax. The assets are part of the company’s construction and forestry 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 construction equipment in that country. In addition, the company recorded a non-cash charge of $12 million pretax and after-tax, in equity in loss of unconsolidated affiliates for an other than temporary decline in value of an investment in a construction equipment joint venture in Brazil (see Note 26). In 2016, the company recorded non-cash charges in other operating expenses of approximately $31 million pretax for the impairment of equipment on operating leases and approximately $29 million pretax on matured operating lease inventory recorded in other assets. The impairment was the result of lower estimated values of used agriculture and construction equipment than originally estimated with the probable effect that the future cash flows would not cover the carrying amount of the net assets. The assets are part of the financial services operations (see Note 26). Voluntary Employee-Separation Programs During the fourth quarter of 2016, the company announced voluntary employee-separation programs as part of its effort to reduce operating costs. The programs provided for cash payments based on previous years of service. The expense was recorded in the period the employees accepted the separation offer. The programs’ total pretax expenses were $113 million, of which $11 million was recorded in the fourth quarter of 2016 and $102 million in 2017. The total 2017 expenses were allocated approximately 30 percent cost of sales, 16 percent research and development, and 54 percent selling, administrative and general. In addition, the expenses were allocated 75 percent to agriculture and turf operations, 17 percent to the construction and forestry operations, and 8 percent to the financial services operations. Savings from these programs were estimated to be approximately $70 million in 2017 . Sale of Investment in Unconsolidated Affiliate In December 2016, the company sold approximately 38 percent of its interest in SiteOne Landscape Supply, Inc. (SiteOne) resulting in gross proceeds of $114 million and a gain of $105 million pretax or $66 million after-tax. In April 2017, the company sold an additional 68 percent of its then remaining interest in SiteOne resulting in gross proceeds of $184 million and a gain of $176 million pretax or $111 million after-tax. In July 2017, the company sold its remaining interest in SiteOne resulting in gross proceeds of $98 million and a gain of $94 million pretax or $59 million after-tax. The gains were recorded in other income in the agriculture and turf operating segment. After the December 2016 sale, the company retained approximately a 15 percent ownership interest in SiteOne and approximately a 5 percent ownership interest after the April sale. Prior to April 2017, the company’s representation on the SiteOne board of directors allowed the company to exercise significant influence, and therefore, the investment in SiteOne was accounted for using the equity method. In March 2017, the company reduced its representation on the SiteOne board of directors. As a result, beginning April 2017 the investment in SiteOne was recorded as an available-for-sale security and presented in marketable securities. In May 2016, the company received a distribution of $60 million from SiteOne that reduced the company’s investment in unconsolidated affiliates. The distribution included $4 million of a return on investment, which is shown in the statement of consolidated cash flows in undistributed earnings of unconsolidated affiliates in net cash provided by operating activities and $56 million of a return of investment shown in other cash flows from investing activities. In May 2016, the company also sold approximately 30 percent of its interest in SiteOne in an initial public offering and terminated a service agreement resulting in gross proceeds of approximately $81 million with a total gain of $75 million pretax or $47 million after-tax. The gain was recorded in other income in the agriculture and turf operating segment. The company retained approximately a 24 percent ownership interest in SiteOne after the May 2016 sale.

CASH FLOW INFORMATION

CASH FLOW INFORMATION	12 Months Ended
	Oct. 29, 2017
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 $801 million, $685 million, and $674 million in 2017, 2016, and 2015, respectively. The company also had accounts payable related to purchases of property and equipment of $108 million, $114 million, and $89 million at October 29, 2017, October 30, 2016, and November 1, 2015, respectively. Cash payments for interest and income taxes consisted of the following in millions of dollars: 2017 2016 2015 Interest: Equipment operations $ 506 $ 442 $ 471 Financial services 665 524 443 Intercompany eliminations (268) (240) (253) Consolidated $ 903 $ 726 $ 661 Income taxes: Equipment operations $ 898 $ 314 $ 828 Financial services 92 (26) 190 Intercompany eliminations (9) 104 (117) Consolidated $ 981 $ 392 $ 901

PENSION AND OTHER POSTRETIREMEN

PENSION AND OTHER POSTRETIREMENT BENEFITS	12 Months Ended
	Oct. 29, 2017
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: 2017 2016 2015 Pensions Service cost $ 274 $ 254 $ 282 Interest cost 361 391 474 Expected return on plan assets (790) (775) (769) Amortization of actuarial loss 247 211 223 Amortization of prior service cost 12 16 25 Other postemployment benefits 2 1 Settlements/curtailments 2 11 11 Net cost $ 106 $ 110 $ 247 Weighted-average assumptions Discount rates - service cost 3.5% Discount rates - interest cost 3.0% Rate of compensation increase 3.8% Expected long-term rates of return 7.3% 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: 2017 2016 2015 Health care and life insurance Service cost $ 42 $ 38 $ 46 Interest cost 194 204 259 Expected return on plan assets (17) (35) (55) Amortization of actuarial loss 99 73 91 Amortization of prior service credit (77) (78) (77) Settlements/curtailments 1 Net cost $ 241 $ 202 $ 265 Weighted-average assumptions Discount rates - service cost 4.7% Discount rates - interest cost 3.2% Expected long-term rates of return 6.3% In 2016, the company changed the method used to estimate the service and interest cost components of the net periodic pension and postretirement benefits cost. This method uses the spot yield curve approach to estimate the service and interest cost by applying the specific spot rates along the yield curve used to determine the benefit plan obligations to relevant projected cash outflows. For 2015, the service and interest cost components were determined using a single weighted-average discount rate. The change did not affect the measurement of the total benefit plan obligations as the change in service and interest cost offsets in the actuarial gains and losses recorded in other comprehensive income. The spot yield curve approach provides a more precise measure of service and interest cost by improving the correlation between the projected benefit cash flows and the discrete spot yield curve rates. The company accounted for this change as a change in estimate prospectively beginning in 2016. The decrease in the 2016 total service and interest cost was approximately $175 million compared to the previous method. 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: 2017 2016 2015 Pensions Net cost $ 106 $ 110 $ 247 Retirement benefit adjustments included in other comprehensive (income) loss: Net actuarial (gain) loss (702) 1,140 361 Prior service cost 1 66 Amortization of actuarial loss (247) (211) (223) Amortization of prior service cost (12) (16) (25) Settlements/curtailments (2) (14) (11) Total (gain) loss recognized in other comprehensive (income) loss (963) 900 168 Total recognized in comprehensive (income) loss $ (857) $ 1,010 $ 415 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: 2017 2016 2015 Health care and life insurance Net cost $ 241 $ 202 $ 265 Retirement benefit adjustments included in other comprehensive (income) loss: Net actuarial (gain) loss (309) 496 (141) Prior service credit (3) (3) Amortization of actuarial loss (99) (73) (91) Amortization of prior service credit 77 78 77 Settlements/curtailments (2) Total (gain) loss recognized in other comprehensive (income) loss (331) 498 (160) Total recognized in comprehensive (income) loss $ (90) $ 700 $ 105 The benefit plan obligations, funded status, and the assumptions related to the obligations at October 29, 2017 and October 30, 2016, respectively, in millions of dollars follow: Health Care and Pensions Life Insurance 2017 2016 2017 2016 Change in benefit obligations Beginning of year balance $ (13,086) $ (12,186) $ (6,500) $ (6,084) Service cost (274) (254) (42) (38) Interest cost (361) (391) (194) (204) Actuarial gain (loss) (35) (1,001) 280 (478) Amendments (1) 3 Benefits paid 704 702 312 321 Health care subsidies (9) (16) Other postemployment benefits (2) Settlements/curtailments 2 6 Foreign exchange and other (116) 41 (9) (4) End of year balance (13,166) (13,086) (6,162) (6,500) Change in plan assets (fair value) Beginning of year balance 11,137 11,164 435 689 Actual return on plan assets 1,517 628 46 17 Employer contribution 62 80 366 47 Benefits paid (704) (702) (312) (321) Settlements (2) (3) Foreign exchange and other 83 (30) 4 3 End of year balance 12,093 11,137 539 435 Funded status $ (1,073) $ (1,949) $ (5,623) $ (6,065) Weighted-average assumptions Discount rates 3.6% 3.7% Rate of compensation increase 3.8% In the fourth quarter of 2015, the company decided to transition Medicare eligible wage and certain Medicare eligible salaried retirees to a Medicare Advantage plan offered by a private insurance company effective in January 2016. This change did not affect the participants’ level of benefits and resulted in cost savings for the company. The mortality assumptions for the 2017 and 2016 benefit plan obligations reflect the most recent tables issued by the Society of Actuaries at that time. The amounts recognized at October 29, 2017 and October 30, 2016, respectively, in millions of dollars consist of the following: Health Care and Pensions Life Insurance 2017 2016 2017 2016 Amounts recognized in balance sheet Noncurrent asset $ 538 $ 94 Current liability (40) (33) $ (63) $ (32) Noncurrent liability (1,571) (2,010) (5,560) (6,033) Total $ (1,073) $ (1,949) $ (5,623) $ (6,065) Amounts recognized in accumulated other comprehensive income – pretax Net actuarial loss $ 4,358 $ 5,309 $ 1,457 $ 1,865 Prior service cost (credit) 55 67 (182) (259) Total $ 4,413 $ 5,376 $ 1,275 $ 1,606 The total accumulated benefit obligations for all pension plans at October 29, 2017 and October 30, 2016, was $12,416 million and $12,410 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 $8,234 million and $7,345 million, respectively, at October 29, 2017 and $8,402 million and $7,016 million, respectively, at October 30, 2016. The projected benefit obligations and fair value of plan assets for pension plans with projected benefit obligations in excess of plan assets were $9,059 million and $7,448 million, respectively, at October 29, 2017 and $9,157 million and $7,114 million, respectively, at October 30, 2016. The amounts in accumulated other comprehensive income that are expected to be amortized as net expense (income) and reported outside of income from operations during fiscal 2018 in millions of dollars follow: Health Care and Pensions Life Insurance Net actuarial loss $ 225 $ 67 Prior service cost (credit) 12 (77) Total $ 237 $ (10) 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 $63 million to its pension plans and approximately $74 million to its health care and life insurance plans in 2018, 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* 2018 $ 721 $ 334 2019 726 337 2020 713 342 2021 701 346 2022 693 352 2023 to 2027 3,458 1,758 * 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. For the 2017 actuarial valuation, the weighted-average composite trend rates for these obligations were assumed to be an 8.9 percent increase from 2017 to 2018, gradually decreasing to 4.8 percent from 2024 to 2025 and all future years. The 2016 obligations and the cost in 2017 assumed an 8.3 percent increase from 2016 to 2017, gradually decreasing to 4.8 percent from 2024 to 2025 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 $791 million and the aggregate of service and interest cost component of net periodic postretirement benefits cost for the year by $36 million. A decrease of one percentage point would decrease the obligations by $615 million and the cost by $27 million. The discount rate assumptions used to determine the postretirement obligations for all periods presented 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. Fair value measurement levels in the following tables are defined in Note 26. The fair values of the pension plan assets at October 29, 2017 follow in millions of dollars: Total Level 1 Level 2 Cash and short-term investments $ 618 $ 349 $ 269 Equity: U.S. equity securities 1,871 1,850 21 International equity securities 1,551 1,541 10 Fixed Income: Government and agency securities 483 241 242 Corporate debt securities 1,285 1,285 Mortgage-backed securities 42 42 Real estate 103 101 2 Derivative contracts - assets* 159 28 131 Derivative contracts - liabilities** (76) (2) (74) Receivables, payables, and other 1 1 Securities lending collateral 420 420 Securities lending liability (420) (420) Securities sold short (379) (375) (4) Total of Level 1 and Level 2 assets 5,658 $ 3,734 $ 1,924 Investments at net asset value: Short-term investments 203 U.S. equity funds 1,704 International equity funds 921 Corporate debt funds 28 Fixed income funds 772 Real estate 567 Hedge funds 651 Private equity/venture capital 1,560 Other investments 29 Total net assets $ 12,093 * Includes contracts for interest rates of $79 million, foreign currency of $49 million, equity of $27 million, and other of $4 million. ** Includes contracts for interest rates of $48 million, foreign currency of $26 million, and other of $2 million. The fair values of the health care assets at October 29, 2017 follow in millions of dollars: Total Level 1 Level 2 Cash and short-term investments $ 30 $ 28 $ 2 Equity: U.S. equity securities and funds 42 42 International equity securities 9 9 Fixed Income: Government and agency securities 40 37 3 Corporate debt securities 21 21 Mortgage-backed securities 10 10 Real estate 1 1 Interest rate derivative contracts - assets 1 1 Securities lending collateral 25 25 Securities lending liability (25) (25) Securities sold short (2) (2) Total of Level 1 and Level 2 assets 152 $ 115 $ 37 Investments at net asset value: Short-term investments 1 U.S. equity funds 164 International equity funds 117 Fixed income funds 87 Real estate funds 4 Hedge funds 4 Private equity/venture capital 10 Total net assets $ 539 The fair values of the pension plan assets at October 30, 2016 follow in millions of dollars: Total Level 1 Level 2 Cash and short-term investments $ 684 $ 322 $ 362 Equity: U.S. equity securities and funds 3,000 2,965 35 International equity securities and funds 1,711 1,697 14 Fixed Income: Government and agency securities 440 224 216 Corporate debt securities 1,205 1,205 Mortgage-backed securities 39 39 Fixed income funds 20 20 Real estate 121 118 3 Derivative contracts - assets* 191 3 188 Derivative contracts - liabilities** (59) (14) (45) Receivables, payables, and other 6 5 1 Securities lending collateral 693 108 585 Securities lending liability (693) (108) (585) Securities sold short (338) (333) (5) Total of Level 1 and Level 2 assets 7,020 $ 5,007 $ 2,013 Investments at net asset value: Short-term investments 216 U.S. equity funds 30 International equity funds 595 Corporate debt funds 25 Fixed income funds 482 Real estate 515 Hedge funds 624 Private equity/venture capital 1,603 Other investments 27 Total net assets $ 11,137 * Includes contracts for interest rates of $125 million, foreign currency of $59 million, equity of $4 million, and other of $3 million. ** Includes contracts for interest rates of $19 million, foreign currency of $33 million, equity of $6 million, and other of $1 million. The fair values of the health care assets at October 30, 2016 follow in millions of dollars: Total Level 1 Level 2 Cash and short-term investments $ 32 $ 27 $ 5 Equity: U.S. equity securities and funds 138 138 International equity securities and funds 25 25 Fixed Income: Government and agency securities 43 40 3 Corporate debt securities 30 30 Mortgage-backed securities 11 11 Real estate 2 2 Derivative contracts - assets* 3 3 Securities lending collateral 48 11 37 Securities lending liability (48) (11) (37) Securities sold short (5) (5) Total of Level 1 and Level 2 assets 279 $ 227 $ 52 Investments at net asset value: Short-term investments 3 International equity funds 60 Fixed income funds 20 Real estate funds 7 Hedge funds 44 Private equity/venture capital 22 Total net assets $ 435 * Includes contracts for interest rates of $2 million and foreign currency of $1 million. Investments at net asset value in the preceding tables are measured at fair value using net asset value per share, 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 valued 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 fund’s 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 that 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 respective general partner. These investments are valued 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 valued at the closing prices in the active markets in which the investment trades. Real estate 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 plans 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, 27 percent for debt securities, 5 percent for real estate, and 19 percent for other investments. The target allocations for health care assets are approximately 59 percent for equity securities, 29 percent for debt securities, 1 percent for real estate, and 11 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 plan assets equals 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 7.2 percent during the past ten years and approximately 8.3 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 its 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 $188 million in 2017, $193 million in 2016, and $185 million in 2015. 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. 29, 2017
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: 2017 2016 2015 Current: U.S.: Federal $ 360 $ 51 $ 377 State 48 26 32 Foreign 463 340 449 Total current 871 417 858 Deferred: U.S.: Federal 59 297 21 State 7 11 4 Foreign 34 (25) (43) Total deferred 100 283 (18) Provision for income taxes $ 971 $ 700 $ 840 Based upon the location of the company’s operations, the consolidated income before income taxes in the U.S. in 2017, 2016, and 2015 was $1,607 million, $967 million, and $1,838 million, respectively, and in foreign countries was $1,547 million, $1,257 million, and $942 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: 2017 2016 2015 U.S. federal income tax provision at a statutory rate of 35 percent $ 1,104 $ 778 $ 973 Increase (decrease) resulting from: State and local income taxes, net of federal income tax benefit 35 26 23 Differences in taxability of foreign earnings (83) (107) (449) Nondeductible impairment charges 4 Research and business tax credits (63) (57) (76) Tax rates on foreign earnings (86) (27) (36) Valuation allowance on deferred taxes 89 79 384 Other-net (25) 4 21 Provision for income taxes $ 971 $ 700 $ 840 At October 29, 2017, accumulated earnings in certain subsidiaries outside the U.S. totaled $5,961 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 29, 2017, the amount of cash and cash equivalents and marketable securities held by these foreign subsidiaries, in which earnings are considered indefinitely reinvested, was $3,386 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 29, 2017 and October 30, 2016 in millions of dollars follows: 2017 2016 Deferred Deferred Deferred Deferred Tax Tax Tax Tax Assets Liabilities Assets Liabilities Other postretirement benefit liabilities $ 2,011 $ 2,191 Lease transactions $ 933 $ 817 Tax loss and tax credit carryforwards 677 661 Accrual for sales allowances 680 592 Tax over book depreciation 569 578 Pension liability - net 420 706 Foreign unrealized losses 7 472 Accrual for employee benefits 141 133 Share-based compensation 116 152 Goodwill and other intangible assets 130 89 Allowance for credit losses 107 88 Deferred compensation 59 50 Undistributed foreign earnings 21 30 Other items 432 172 471 175 Less valuation allowances (620) (1,029) Deferred income tax assets and liabilities $ 4,030 $ 1,825 $ 4,487 $ 1,689 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 29, 2017, certain tax loss and tax credit carryforwards of $677 million were available with $209 million expiring from 2018 through 2037 and $468 million with an indefinite carryforward period. A reconciliation of the total amounts of unrecognized tax benefits at October 29, 2017, October 30, 2016, and November 1, 2015 in millions of dollars follows: 2017 2016 2015 Beginning of year balance $ 198 $ 229 $ 213 Increases to tax positions taken during the current year 35 14 32 Increases to tax positions taken during prior years 13 11 29 Decreases to tax positions taken during prior years (17) (36) (15) Decreases due to lapse of statute of limitations (11) (7) (11) Settlements (1) (5) (6) Foreign exchange 4 (8) (13) End of year balance $ 221 $ 198 $ 229 The amount of unrecognized tax benefits at October 29, 2017 and October 30, 2016 that would affect the effective tax rate if the tax benefits were recognized was $86 million and $81 million, respectively. 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 2014 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 2017, 2016, and 2015, the total amount of expense from interest and penalties was $6 million, none, and $23 million and the interest income was $6 million, none, and $3 million, respectively. At October 29, 2017 and October 30, 2016, the liability for accrued interest and penalties totaled $66 million and $68 million, respectively, and there was no receivable for interest at either year-end.

OTHER INCOME AND OTHER OPERATIN

OTHER INCOME AND OTHER OPERATING EXPENSES	12 Months Ended
	Oct. 29, 2017
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: 2017 2016 2015 Other income Revenues from services $ 288 $ 270 $ 280 Insurance premiums and fees earned** 211 195 173 SiteOne investment gains* 375 75 Investment income 17 16 26 Other 230 190 228 Total $ 1,121 $ 746 $ 707 Other operating expenses Depreciation of equipment on operating leases $ 853 $ 742 $ 577 Insurance claims and expenses** 187 188 183 Cost of services 168 162 160 Other 109 163 41 Total $ 1,317 $ 1,255 $ 961 * See Note 5. ** Primarily related to extended warranties (see Note 22).

UNCONSOLIDATED AFFILIATED COMPA

UNCONSOLIDATED AFFILIATED COMPANIES	12 Months Ended
	Oct. 29, 2017
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 (31 percent ownership), Deere-Hitachi Construction Machinery Corporation (50 percent ownership), and Deere-Hitachi Maquinas de Construcao do Brasil S.A. (50 percent ownership). In 2017, the company sold its interest in SiteOne (see Note 5). The unconsolidated affiliated companies primarily manufacture or market equipment. 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 2017 2016 2015 Sales $ $ 3,206 $ 3,290 Net income 30 23 Deere & Company’s equity in net income (loss) (2) 1 Financial Position 2017 2016 Total assets $ $ Total external borrowings Total net assets Deere & Company’s share of the net assets Consolidated retained earnings at October 29, 2017 include undistributed earnings of the unconsolidated affiliates of $123 million. Dividends from unconsolidated affiliates were $4 million in 2017, $64 million in 2016 (see Note 5), and $1 million in 2015. In the ordinary course of business, the company purchases and sells components and finished goods to the unconsolidated affiliated companies. Transactions with unconsolidated affiliated companies reported in the statement of consolidated income in millions of dollars follow : 2017 2016 2015 Net sales $ 84 $ 45 $ 37 Purchases 1,331 1,016 1,284

MARKETABLE SECURITIES

MARKETABLE SECURITIES	12 Months Ended
	Oct. 29, 2017
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 29, 2017 and October 30, 2016 in millions of dollars follow: Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value 2017 Equity fund $ 37 $ $ 48 Fixed income fund 15 15 U.S. government debt securities 76 77 Municipal debt securities 39 $ 39 Corporate debt securities 133 135 International debt securities 22 20 Mortgage-backed securities* 119 118 Marketable securities $ 441 $ 17 $ $ 452 2016 Equity fund $ $ $ Fixed income fund U.S. government debt securities Municipal debt securities Corporate debt securities International debt securities $ Mortgage-backed securities* Marketable securities $ $ $ $ * Primarily issued by U.S. government sponsored enterprises. The contractual maturities of debt securities at October 29, 2017 in millions of dollars follow: Amortized Fair Cost Value Due in one year or less $ 26 $ 25 Due after one through five years 111 110 Due after five through 10 years 83 84 Due after 10 years 50 52 Mortgage-backed securities 119 118 Debt securities $ 389 $ 389 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 $403 million in 2017, $62 million in 2016, and $120 million in 2015. Realized gains were $275 million in 2017 (see Note 5), and not significant in 2016 and 2015. 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 2017, 2016, and 2015. Unrealized losses at October 29, 2017 and October 30, 2016 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. 29, 2017
RECEIVABLES
RECEIVABLES	12. RECEIVABLES Trade Accounts and Notes Receivable Trade accounts and notes receivable at October 29, 2017 and October 30, 2016 in millions of dollars follows: 2017 2016 Trade accounts and notes: Agriculture and turf $ 2,991 $ 2,438 Construction and forestry 934 573 Trade accounts and notes receivable – net $ 3,925 $ 3,011 At October 29, 2017 and October 30, 2016, dealer notes included in the previous table were $140 million and $143 million, and the allowance for credit losses was $56 million and $50 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. In certain jurisdictions, 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 29, 2017 and October 30, 2016 in millions of dollars follow: 2017 2016 Unrestricted/Securitized Unrestricted/Securitized Retail notes: Agriculture and turf $ 15,200 $ 3,651 $ 14,152 $ 4,615 Construction and forestry 2,297 599 2,201 620 Total 17,497 4,250 16,353 5,235 Wholesale notes 3,653 3,971 Revolving charge accounts 3,629 3,135 Financing leases (direct and sales-type) 1,613 1,326 Total financing receivables 26,392 4,250 24,785 5,235 Less: Unearned finance income: Retail notes 972 78 812 94 Financing leases 142 109 Total 1,114 78 921 94 Allowance for credit losses 174 13 162 14 Financing receivables – net $ 25,104 $ 4,159 $ 23,702 $ 5,127 The residual values for investments in financing leases at October 29, 2017 and October 30, 2016 totaled $244 million and $156 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 29, 2017 and October 30, 2016 related to the company’s sales of equipment that were included in the table above consisted of the following in millions of dollars: 2017 2016 Unrestricted Unrestricted Retail notes*: Agriculture and turf $ 2,099 $ 1,896 Construction and forestry 368 336 Total 2,467 2,232 Wholesale notes 3,653 3,971 Sales-type leases 763 648 Total 6,883 6,851 Less: Unearned finance income: Retail notes 231 202 Sales-type leases 53 42 Total 284 244 Financing receivables related to the company’s sales of equipment $ 6,599 $ 6,607 * 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 29, 2017 and October 30, 2016 are scheduled as follows in millions of dollars: 2017 2016 Unrestricted/Securitized Unrestricted/Securitized Due in months: 0 – 12 $ 13,237 $ 2,027 $ 12,835 $ 2,269 13 – 24 5,056 1,256 4,760 1,536 25 – 36 3,708 672 3,386 931 37 – 48 2,518 243 2,219 408 49 – 60 1,398 50 1,181 84 Thereafter 475 2 404 7 Total $ 26,392 $ 4,250 $ 24,785 $ 5,235 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 29, 2017 and October 30, 2016, the unpaid balances of receivables administered but not owned were $10 million and $15 million, respectively. At October 29, 2017 and October 30, 2016, worldwide financing receivables administered, which include financing receivables administered but not owned, totaled $29,273 million and $28,844 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 29, 2017 and October 30, 2016 follows in millions of dollars: 30-59 60-89 90 Days Days Days or Greater Total Past Due Past Due Past Due Past Due 2017 Retail Notes: Agriculture and turf $ 118 $ 54 $ 49 $ 221 Construction and forestry 75 33 39 147 Other: Agriculture and turf 27 14 7 48 Construction and forestry 11 6 2 19 Total $ 231 $ 107 $ 97 $ 435 Total Total Total Non- Financing Past Due Performing Current Receivables Retail Notes: Agriculture and turf $ 221 $ 173 $ 17,508 $ 17,902 Construction and forestry 147 30 2,618 2,795 Other: Agriculture and turf 48 12 7,610 7,670 Construction and forestry 19 5 1,059 1,083 Total $ 435 $ 220 $ 28,795 29,450 Less allowance for credit losses 187 Total financing receivables - net $ 29,263 30-59 60-89 90 Days Days Days or Greater Total Past Due Past Due Past Due Past Due 2016 Retail Notes: Agriculture and turf $ 115 $ 57 $ 65 $ 237 Construction and forestry 78 32 25 135 Other: Agriculture and turf 26 11 6 43 Construction and forestry 10 5 4 19 Total $ 229 $ 105 $ 100 $ 434 Total Total Total Non- Financing Past Due Performing Current Receivables Retail Notes: Agriculture and turf $ 237 $ 191 $ 17,526 $ 17,954 Construction and forestry 135 35 2,558 2,728 Other: Agriculture and turf 43 9 7,286 7,338 Construction and forestry 19 9 957 985 Total $ 434 $ 244 $ 28,327 29,005 Less allowance for credit losses 176 Total financing receivables - net $ 28,829 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 2017 Allowance: Beginning of year balance $ $ 40 $ 23 $ 176 Provision 46 33 9 88 Write-offs (56) (53) (7) (116) Recoveries 20 20 1 41 Translation adjustments (2) (2) End of year balance* $ 121 $ 40 $ 26 $ 187 Financing receivables: End of year balance $ 20,697 $ 3,629 $ 5,124 $ 29,450 Balance individually evaluated $ 86 $ 3 $ 20 $ 109 2016 Allowance: Beginning of year balance $ 95 $ 40 $ 22 $ 157 Provision 43 36 5 84 Write-offs (43) (55) (5) (103) Recoveries 11 19 1 31 Translation adjustments 7 7 End of year balance* $ 113 $ 40 $ 23 $ 176 Financing receivables: End of year balance $ 20,682 $ 3,135 $ 5,188 $ 29,005 Balance individually evaluated $ 108 $ 8 $ 20 $ 136 2015 Allowance: Beginning of year balance $ 109 $ 41 $ 25 $ 175 Provision 22 21 3 46 Write-offs (26) (37) (4) (67) Recoveries 10 15 1 26 Translation adjustments (20) (3) (23) End of year balance* $ 95 $ 40 $ 22 $ 157 Financing receivables: End of year balance $ 21,567 $ 2,740 $ 5,494 $ 29,801 Balance individually evaluated $ 40 $ 6 $ 46 * Individual allowances were not significant. Past-due amounts over 30 days represented 1.48 percent and 1.50 percent of the receivables financed at October 29, 2017 and October 30, 2016, respectively. The allowance for credit losses represented .64 percent and .61 percent of financing receivables outstanding at October 29, 2017 and October 30, 2016, respectively. In addition, at October 29, 2017 and October 30, 2016, the company’s financial services operations had $155 million and $162 million, respectively, of deposits primarily 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 that are impaired are generally classified as non-performing. An analysis of the impaired financing receivables at October 29, 2017 and October 30, 2016 follows in millions of dollars: Unpaid Average Recorded Principal Specific Recorded Investment Balance Allowance Investment 2017* Receivables with specific allowance** $ 36 $ 33 $ 10 $ 30 Receivables without a specific allowance*** 28 27 24 Total $ 64 $ 60 $ 10 $ 54 Agriculture and turf $ 49 $ 46 $ 10 $ 38 Construction and forestry $ 15 $ 14 $ 16 2016* Receivables with specific allowance** $ 31 $ 28 $ 9 $ 29 Receivables without a specific allowance*** 29 27 26 Total $ 60 $ 55 $ 9 $ 55 Agriculture and turf $ 33 $ 30 $ 8 $ 27 Construction and forestry $ 27 $ 25 $ 1 $ 28 * 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 2017, 2016, and 2015, the company identified 474, 167, and 107 financing receivable contracts, primarily retail notes, as troubled debt restructurings with aggregate balances of $16 million, $19 million, and $8 million pre-modification and $15 million, $18 million, and $7 million post-modification, respectively. In 2017, there were $3 million of troubled debt restructurings that subsequently defaulted and were written off. In 2016 and 2015, there were no significant troubled debt restructurings that subsequently defaulted and were written off. At October 29, 2017, the company had commitments to lend approximately $12 million to borrowers whose accounts were modified in troubled debt restructurings. Other Receivables Other receivables at October 29, 2017 and October 30, 2016 consisted of the following in millions of dollars: 2017 2016 Taxes receivable $ 876 $ 702 Other 324 317 Other receivables $ 1,200 $ 1,019

SECURITIZATION OF FINANCING REC

SECURITIZATION OF FINANCING RECEIVABLES	12 Months Ended
	Oct. 29, 2017
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 VIEs that are SPEs, or non-VIE banking operations, 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 accounting criteria for 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-VIEs is restricted by terms of the documents governing the securitization transactions. In these securitizations, the retail notes are transferred to certain SPEs or to non-VIE banking operations, 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 $2,631 million and $2,718 million at October 29, 2017 and October 30, 2016, respectively. The liabilities (short-term securitization borrowings and accrued interest) of these SPEs totaled $2,571 million and $2,655 million at October 29, 2017 and October 30, 2016, respectively. 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 non-VIE banking operations, which are not consolidated since the company does not have a controlling interest in the entities. The company’s carrying values and interests related to the securitizations with the unconsolidated non-VIEs were restricted assets (retail notes securitized, allowance for credit losses and other assets) of $478 million and $663 million at October 29, 2017 and October 30, 2016, respectively. The liabilities (short-term securitization borrowings and accrued interest) were $454 million and $616 million at October 29, 2017 and October 30, 2016, 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 $1,155 million and $1,861 million at October 29, 2017 and October 30, 2016, respectively. The liabilities (short-term securitization borrowings and accrued interest) related to these conduits were $1,096 million and $1,729 million at October 29, 2017 and October 30, 2016, 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 29 in millions of dollars: 2017 Carrying value of liabilities $ 1,096 Maximum exposure to loss 1,155 The total assets of unconsolidated VIEs related to securitizations were approximately $40 billion at October 29, 2017. The components of consolidated restricted assets related to secured borrowings in securitization transactions at October 29, 2017 and October 30, 2016 were as follows in millions of dollars: 2017 2016 Financing receivables securitized (retail notes) $ 4,172 $ 5,141 Allowance for credit losses (13) (14) Other assets 105 115 Total restricted securitized assets $ 4,264 $ 5,242 The components of consolidated secured borrowings and other liabilities related to securitizations at October 29, 2017 and October 30, 2016 were as follows in millions of dollars: 2017 2016 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 29, 2017, the maximum remaining term of all securitized retail notes was approximately five years.

EQUIPMENT ON OPERATING LEASES

EQUIPMENT ON OPERATING LEASES	12 Months Ended
	Oct. 29, 2017
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 12 to 60 months. Net equipment on operating leases at October 29, 2017 and October 30, 2016 consisted of the following in millions of dollars: 2017 2016 Equipment on operating leases: Agriculture and turf $ 5,385 $ Construction and forestry 1,209 Equipment on operating leases – net $ 6,594 $ The equipment is depreciated on a straight-line basis over the term of the lease. The accumulated depreciation on this equipment was $1,315 million and $1,054 million at October 29, 2017 and October 30, 2016, respectively. The corresponding depreciation expense was $853 million in 2017, $742 million in 2016, and $577 million in 2015. Future payments to be received on operating leases totaled $2,051 million at October 29, 2017 and are scheduled in millions of dollars as follows: 2018 - $878, 2019 - $602, 2020 - $347, 2021 - $182, and 2022 - $42. At October 29, 2017 and October 30, 2016, the company’s financial services operations had $52 million and $68 million, respectively, of deposits withheld from dealers available for potential losses on residual values.

INVENTORIES

INVENTORIES	12 Months Ended
	Oct. 29, 2017
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 net realizable value. The value of gross inventories on the LIFO basis represented 61 percent of worldwide gross inventories at FIFO value at both October 29, 2017 and October 30, 2016, respectively. The pretax favorable income effect from the liquidation of LIFO inventory during 2016 was approximately $4 million. If all inventories had been valued on a FIFO basis, estimated inventories by major classification at October 29, 2017 and October 30, 2016 in millions of dollars would have been as follows: 2017 2016 Raw materials and supplies $ 1,688 $ Work-in-process 495 Finished goods and parts 3,182 Total FIFO value 5,365 Less adjustment to LIFO value 1,461 Inventories $ 3,904 $

PROPERTY AND DEPRECIATION

PROPERTY AND DEPRECIATION	12 Months Ended
	Oct. 29, 2017
PROPERTY AND DEPRECIATION
PROPERTY AND DEPRECIATION	16. PROPERTY AND DEPRECIATION A summary of property and equipment at October 29, 2017 and October 30, 2016 in millions of dollars follows: Useful Lives* (Years) 2017 2016 Equipment Operations Land $ 122 $ 119 Buildings and building equipment 22 3,396 3,230 Machinery and equipment 11 5,378 5,180 Dies, patterns, tools, etc. 8 1,647 1,604 All other 5 942 893 Construction in progress 358 370 Total at cost 11,843 11,396 Less accumulated depreciation 6,826 6,277 Total 5,017 5,119 Financial Services Land 4 4 Buildings and building equipment 26 74 73 All other 6 38 36 Total at cost 116 113 Less accumulated depreciation 65 61 Total 51 52 Property and equipment – net $ 5,068 $ 5,171 * Weighted-averages Total property and equipment additions in 2017, 2016, and 2015 were $602 million, $674 million, and $666 million and depreciation was $726 million, $701 million, and $692 million, respectively. Capitalized interest was $3 million, $3 million, and $6 million in the same periods, respectively. The cost of leased property and equipment under capital leases of $40 million and $33 million and accumulated depreciation of $15 million and $16 million at October 29, 2017 and October 30, 2016, 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 29, 2017 and October 30, 2016 were $1,078 million and $1,035 million, less accumulated amortization of $826 million and $770 million, respectively. Capitalized interest on software was $1 million and $3 million at October 29, 2017 and October 30, 2016, respectively. Amortization of these software costs in 2017, 2016, and 2015 was $118 million, $102 million, and $103 million, respectively. 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. 29, 2017
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 Goodwill at November 1, 2015 $ 227 $ 499 $ 726 Acquisitions* 95 95 Translation adjustments and other 1 (6) (5) Goodwill at October 30, 2016 323 493 816 Acquisitions* 193 193 Translation adjustments and other 5 19 24 Goodwill at October 29, 2017 $ 521 $ 512 $ 1,033 * See Note 4. There were no accumulated impairment losses in the reported periods. The components of other intangible assets are as follows in millions of dollars: Useful Lives* (Years) 2017 2016 Amortized intangible assets: Customer lists and relationships 11 $ 42 $ Technology, patents, trademarks, and other 13 139 Total at cost 181 Less accumulated amortization** 86 Total 95 Unamortized intangible assets: In-process research and development*** 123 Other intangible assets – net $ 218 $ * Weighted-averages ** Accumulated amortization at 2017 and 2016 for customer lists and relationships was $17 million and $11 million and technology, patents, trademarks, and other was $69 million and $58 million, respectively. ***See Note 4. Other intangible assets are stated at cost less accumulated amortization. The amortization of other intangible assets in 2017, 2016, and 2015 was $18 million, $15 million, and $10 million, respectively. The estimated amortization expense for the next five years is as follows in millions of dollars: 2018 - $16, 2019 - $15, 2020 - $12, 2021 - $9, and 2022 - $9.

TOTAL SHORT-TERM BORROWINGS

TOTAL SHORT-TERM BORROWINGS	12 Months Ended
	Oct. 29, 2017
TOTAL SHORT-TERM BORROWINGS
TOTAL SHORT-TERM BORROWINGS	18. TOTAL SHORT-TERM BORROWINGS Total short-term borrowings at October 29, 2017 and October 30, 2016 consisted of the following in millions of dollars: 2017 2016 Equipment Operations 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. Unamortized debt issuance costs were $2 million and $1 million, respectively. ** Includes unamortized debt issuance costs of $4 million and $5 million, respectively. 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 $4,119 million, which are net of debt acquisition costs, at October 29, 2017 based on the expected liquidation of the retail notes in millions of dollars is as follows: 2018 - $2,234, 2019 - $1,249, 2020 - $489, 2021 - $146, and 2022 - $5. The weighted-average interest rates on total short-term borrowings, excluding current maturities of long-term borrowings, at October 29, 2017 and October 30, 2016 were 1.8 percent and 1.6 percent, respectively. Lines of credit available from U.S. and foreign banks were $7,878 million at October 29, 2017. At October 29, 2017, $4,061 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 total credit lines at October 29, 2017 were 364-day credit facility agreements of $1,750 million, expiring in February 2018, and $750 million, expiring in October 2018. In addition, total credit lines included long-term credit facility agreements of $2,500 million, expiring in April 2021, and $2,500 million, expiring in April 2022. 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 29, 2017 was $10,965 million. Alternatively under this provision, the equipment operations had the capacity to incur additional debt of $20,364 million at October 29, 2017. 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. 29, 2017
ACCOUNTS PAYABLE AND ACCRUED EXPENSES
ACCOUNTS PAYABLE AND ACCRUED EXPENSES	19. ACCOUNTS PAYABLE AND ACCRUED EXPENSES Accounts payable and accrued expenses at October 29, 2017 and October 30, 2016 consisted of the following in millions of dollars: 2017 2016 Equipment Operations Accounts payable: Trade payables $ 2,069 $ 1,598 Dividends payable 194 189 Other 164 193 Accrued expenses: Dealer sales discounts 1,559 1,371 Product warranties 1,007 779 Employee benefits 861 861 Unearned revenue 520 401 Other 1,344 1,269 Total 7,718 6,661 Financial Services Accounts payable: Deposits withheld from dealers and merchants 207 230 Other 275 268 Accrued expenses: Unearned revenue 797 735 Accrued interest 148 125 Employee benefits 55 52 Other 345 185 Total 1,827 1,595 Eliminations* 1,128 1,016 Accounts payable and accrued expenses $ 8,417 $ 7,240 * Primarily 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. 29, 2017
LONG-TERM BORROWINGS
LONG-TERM BORROWINGS	20. LONG-TERM BORROWINGS Long-term borrowings at October 29, 2017 and October 30, 2016 consisted of the following in millions of dollars: 2017 2016 Equipment Operations U.S. dollar notes and debentures: 4.375% notes due 2019 $ 750 $ 750 8-1/2% debentures due 2022 105 105 2.60% notes due 2022 1,000 1,000 6.55% debentures due 2028 200 200 5.375% notes due 2029 500 500 8.10% debentures due 2030 250 250 7.125% notes due 2031 300 300 3.90% notes due 2042 1,250 1,250 Euro notes: Medium-term notes due 2020 - 2023: (principal €850 - 2017) Average interest rate of .3% - 2017 990 Other notes 166 231 Less debt issuance costs 20 21 Total 5,491 4,565 Financial Services Notes and debentures: Medium-term notes due 2018 - 2027: (principal $18,678 - 2017, $17,203 - 2016) Average interest rates of 2.0% - 2017, 1.7% - 2016 18,601 * 17,434 * 2.75% senior note due 2022: ($500 principal) Swapped $500 to variable interest rate of 2.0% - 2017, 1.6% - 2016 502 * 519 * Other notes 1,339 1,221 Less debt issuance costs 42 36 Total 20,400 19,138 Long-term borrowings** $ 25,891 $ 23,703 * 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: 2018 - $154, 2019 - $873, 2020 - $451, 2021 - $4 and 2022 - $1,108. 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: 2018 - $6,050, 2019 - $5,383, 2020 - $5,056, 2021 - $2,486, and 2022 - $3,502.

LEASES

LEASES	12 Months Ended
	Oct. 29, 2017
LEASES
LEASES	21. LEASES At October 29, 2017, future minimum lease payments under capital leases amounted to $26 million as follows: 2018 - $10, 2019 - $6, 2020 - $5, 2021 - $3, 2022 - $1, and later years $1. Total rental expense for operating leases was $167 million in 2017, $185 million in 2016, and $200 million in 2015. At October 29, 2017, future minimum lease payments under operating leases amounted to $371 million as follows: 2018 - $98, 2019 - $76, 2020 - $58, 2021 - $44, 2022 - $39, and later years $56 .

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Oct. 29, 2017
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 (unearned revenue) included in the following table totaled $461 million and $447 million at October 29, 2017 and October 30, 2016, respectively. A reconciliation of the changes in the warranty liability and unearned premiums in millions of dollars follows: Warranty Liability/ Unearned Premiums 2017 2016 Beginning of year balance $ $ Payments Amortization of premiums received Accruals for warranties Premiums received Foreign exchange End of year balance $ $ At October 29, 2017, the company had approximately $131 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 29, 2017, the company had accrued losses of approximately $4 million under these agreements. The maximum remaining term of the receivables guaranteed at October 29, 2017 was approximately five years. At October 29, 2017, the company had commitments of approximately $170 million for the construction and acquisition of property and equipment. At October 29, 2017, the company also had pledged or restricted assets of $122 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 $70 million at October 29, 2017, for which it believes the probability for payment is substantially remote. The accrued liability for these contingencies was not material at October 29, 2017. 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. 29, 2017
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 November 2, 2014 536.4 $ Stock options and other Balance at November 1, 2015 536.4 Stock options and other Balance at October 30, 2016 536.4 Stock options and other 369 Balance at October 29, 2017 536.4 $ 4,281 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 (60.0 million shares based on the fiscal year end closing common stock price of $133.25 per share). At the end of the fiscal year, this repurchase program had $3,260 million (24.5 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: 2017 2016 2015 Net income attributable to Deere & Company $ 2,159.1 $ $ Less income allocable to participating securities .6 .7 .8 Income allocable to common stock $ 2,158.5 $ $ Average shares outstanding 319.5 Basic per share $ 6.76 $ $ Average shares outstanding 319.5 Effect of dilutive stock options 3.8 Total potential shares outstanding 323.3 Diluted per share $ 6.68 $ $ All stock options outstanding were included in the computation during 2017, 2016, and 2015, except .2 million in 2017 and 9.9 million in 2016 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. 29, 2017
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 29, 2017, the company is authorized to grant an additional 11.3 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: 2017 2016 2015 Risk-free interest rate .88% - 2.5% .23% - 2.3% .04% - 2.3% Expected dividends 2.4% 2.8% 2.5% Expected volatility 24.0% - 24.8% 25.2% - 29.0% 23.4% - 25.7% Weighted-average volatility 24.5% 26.5% 25.6% Expected term (in years) 7.8 - 8.6 7.0 - 8.6 7.2 - 8.2 Stock option activity at October 29, 2017 and changes during 2017 in millions of dollars and shares follow: Remaining Contractual Aggregate Exercise Term Intrinsic Shares Price* (Years) Value Outstanding at beginning of year 17.5 $ Granted .7 100.55 Exercised 76.56 Expired or forfeited (.1) 86.81 Outstanding at end of year 11.2 81.39 6.17 $ 581.6 Exercisable at end of year 7.8 79.64 5.34 418.9 * Weighted-averages The weighted-average grant-date fair values of options granted during 2017, 2016, and 2015 were $24.46, $16.88, and $19.67, respectively. The total intrinsic values of options exercised during 2017, 2016, and 2015 were $225 million, $23 million, and $98 million, respectively. During 2017, 2016, and 2015, cash received from stock option exercises was $529 million, $36 million, and $172 million with tax benefits of $83 million, $8 million, and $36 million, respectively. The company granted 579 thousand, 255 thousand, and 248 thousand restricted stock units to employees and nonemployee directors in 2017, 2016, and 2015, of which 465 thousand, 113 thousand, and 122 thousand are subject to service based only conditions, 57 thousand, 71 thousand, and 63 thousand are subject to performance/service based conditions, 57 thousand, 71 thousand, and 63 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 2017, 2016, and 2015 were $101.03, $79.84, and $88.66 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 2017, 2016, and 2015 were $93.86, $72.93, and $81.78 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 2017, 2016, and 2015 were $129.70, $103.66, and $113.97 per unit, respectively, based on a lattice valuation model excluding dividends. The company’s restricted shares at October 29, 2017 and changes during 2017 in millions of shares follow: Grant-Date Shares Fair Value* Service based only Nonvested at beginning of year .3 $ Granted .5 Vested (.1) Nonvested at end of year .7 Performance/service and market/service based Nonvested at beginning of year .4 $ Granted .1 Performance change (.1) Nonvested at end of year .4 * Weighted-averages During 2017, 2016, and 2015, the total share-based compensation expense was $68 million, $71 million, and $66 million, respectively, with recognized income tax benefits of $25 million, $26 million, and $25 million, respectively. At October 29, 2017, there was $46 million of total unrecognized compensation cost from share-based compensation arrangements granted under the plans, which is related to restricted shares and options. 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 2017, 2016, and 2015 were $72 million, $69 million, and $74 million, respectively. The company currently uses shares that have been repurchased through its stock repurchase programs to satisfy share option exercises. At fiscal year end, the company had 215 million shares in treasury stock and 24 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. 29, 2017
OTHER COMPREHENSIVE INCOME ITEMS
OTHER COMPREHENSIVE INCOME ITEMS	25. OTHER COMPREHENSIVE INCOME ITEMS The after-tax changes in accumulated other comprehensive income at November 2, 2014, November 1, 2015, October 30, 2016, and October 29, 2017 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) 2014 $ (3,493) $ (303) $ 13 $ (3,783) Period Change (8) (935) $ (2) (1) (946) 2015 (3,501) (1,238) (2) 12 (4,729) Period Change (908) 9 3 (1) (897) 2016 (4,409) (1,229) 1 11 (5,626) Period Change 829 230 4 (1) 1,062 2017 $ (3,580) $ (999) $ 5 $ 10 $ (4,564) 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 2017 Cumulative translation adjustment $ 232 $ (2) $ 230 Unrealized gain (loss) on derivatives: Unrealized hedging gain (loss) 3 (1) 2 Reclassification of realized (gain) loss to: Interest rate contracts – Interest expense 2 (1) 1 Foreign exchange contracts – Other operating expenses 1 1 Net unrealized gain (loss) on derivatives 6 (2) 4 Unrealized gain (loss) on investments: Unrealized holding gain (loss) 274 (101) 173 Reclassification of realized (gain) loss – Other income (275) 101 (174) Net unrealized gain (loss) on investments (1) (1) Retirement benefits adjustment: Pensions Net actuarial gain (loss) 702 (248) 454 Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:* Actuarial (gain) loss 247 (89) 158 Prior service (credit) cost 12 (4) 8 Settlements/curtailments 2 (1) 1 Health care and life insurance Net actuarial gain (loss) 309 (115) 194 Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:* Actuarial (gain) loss 99 (36) 63 Prior service (credit) cost (77) 28 (49) Net unrealized gain (loss) on retirement benefits adjustment 1,294 (465) 829 Total other comprehensive income (loss) $ 1,531 $ (469) $ 1,062 * These accumulated other comprehensive income amounts are included in net periodic pension and postretirement costs. See Note 7 for additional detail. Before Tax After Tax (Expense) Tax Amount Credit Amount 2016 Cumulative translation adjustment $ 8 $ 1 $ 9 Unrealized gain (loss) on derivatives: Unrealized hedging gain (loss) (2) 1 (1) Reclassification of realized (gain) loss to: Interest rate contracts – Interest expense 7 (2) 5 Foreign exchange contracts – Other operating expenses (1) (1) Net unrealized gain (loss) on derivatives 4 (1) 3 Unrealized gain (loss) on investments: Unrealized holding gain (loss) 2 2 Reclassification of realized (gain) loss – Other income (4) 1 (3) Net unrealized gain (loss) on investments (2) 1 (1) Retirement benefits adjustment: Pensions Net actuarial gain (loss) and prior service credit (cost) (1,141) 397 (744) Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:* Actuarial (gain) loss 211 (77) 134 Prior service (credit) cost 16 (6) 10 Settlements/curtailments 14 (4) 10 Health care and life insurance Net actuarial gain (loss) and prior service credit (cost) (493) 178 (315) Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:* Actuarial (gain) loss 73 (27) 46 Prior service (credit) cost (78) 29 (49) Net unrealized gain (loss) on retirement benefits adjustment (1,398) 490 (908) Total other comprehensive income (loss) $ (1,388) $ 491 $ (897) * These accumulated other comprehensive income amounts are included in net periodic pension and postretirement costs. See Note 7 for additional detail. Before Tax After Tax (Expense) Tax Amount Credit Amount 2015 Cumulative translation adjustment $ (938) $ 3 $ (935) Unrealized gain (loss) on derivatives: Unrealized hedging gain (loss) (12) 4 (8) Reclassification of realized (gain) loss to: Interest rate contracts – Interest expense 12 (4) 8 Foreign exchange contracts – Other operating expenses (4) 2 (2) Net unrealized gain (loss) on derivatives (4) 2 (2) Unrealized gain (loss) on investments: Unrealized holding gain (loss) 12 (4) 8 Reclassification of realized (gain) loss – Other income (14) 5 (9) Net unrealized gain (loss) on investments (2) 1 (1) Retirement benefits adjustment: Pensions Net actuarial gain (loss) and prior service credit (cost) (427) 151 (276) Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:* Actuarial (gain) loss 223 (81) 142 Prior service (credit) cost 25 (9) 16 Settlements/curtailments 11 (4) 7 Health care and life insurance Net actuarial gain (loss) and prior service credit (cost) 145 (52) 93 Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:* Actuarial (gain) loss 91 (34) 57 Prior service (credit) cost (77) 29 (48) Settlements/curtailments 1 1 Net unrealized gain (loss) on retirement benefits adjustment (8) (8) Total other comprehensive income (loss) $ (952) $ 6 $ (946) * These accumulated other comprehensive income amounts are included in net periodic pension and postretirement costs. See Note 7 for additional detail. The noncontrolling interests’ comprehensive income (loss) was $.3 million in 2017, $(2.4) million in 2016, and $.5 million in 2015, which consisted of net income (loss) of $.1 million in 2017, $(2.4) million in 2016, and $.9 million in 2015 and cumulative translation adjustments of $.2 million in 2017, none in 2016, and $(.4) million in 2015.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Oct. 29, 2017
FAIR VALUE MEASUREMENTS
FAIR VALUE MEASUREMENTS	26. FAIR VALUE MEASUREMENTS 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. To determine f air 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. 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. The fair values of financial instruments that do not approximate the carrying values at October 29, 2017 and October 30, 2016 in millions of dollars follow: 2017 2016 Carrying Fair Carrying Fair Value Value* Value Value* Financing receivables – net $ 25,104 $ 24,946 $ $ Financing receivables securitized – net $ 4,159 $ 4,130 $ $ Short-term securitization borrowings $ 4,119 $ 4,118 $ $ Long-term borrowings due within one year: Equipment operations $ 154 $ 154 $ $ Financial services 6,064 6,079 Total $ 6,218 $ 6,233 $ $ Long-term borrowings: Equipment operations $ 5,491 $ 6,026 $ $ Financial services 20,400 20,606 Total $ 25,891 $ 26,632 $ $ * 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 29, 2017 and October 30, 2016 at fair value on a recurring basis in millions of dollars follow: 2017* 2016* 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 Cross-currency interest rate contracts Total liabilities $ $ * All measurements above were Level 2 measurements except for Level 1 measurements of the equity fund of $48 million and $45 million at October 29, 2017 and October 30, 2016, respectively, the fixed income fund of $15 million and $15 million at October 29, 2017 and October 30, 2016, respectively, and U.S. government debt securities of $44 million and $53 million at October 29, 2017 and October 30, 2016, respectively. In addition, $17 million and $28 million of the international debt securities were Level 3 measurements at October 29, 2017 and October 30, 2016, respectively. There were no transfers between Level 1 and Level 2 during 2017 and 2016. ** 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 29, 2017 and October 30, 2016 in millions of dollars follow: 2017 2016 Beginning of period balance $ $ Purchases Principal payments Change in unrealized gain (loss) End of period balance $ $ Fair value, nonrecurring measurements from impairments at October 29, 2017 and October 30, 2016 in millions of dollars follow: Fair Value* Losses* 2017 2016 2017 2016 2015 Equipment on operating leases – net $ 654 $ 31 $ 10 Property and equipment – net $ 31 $ 13 $ 10 Investments in unconsolidated affiliates $ 28 $ 1 $ 40 $ 12 Other assets $ 184 $ 29 $ 15 * Fair value at October 29, 2017 was a Level 1 measurement, while fair values at October 30, 2016 were Level 3 measurements. See financing receivables with specific allowances in Note 12 that were not significant. See Note 5 for impairments. 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 (see Note 5). 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 (see Note 5). Investment in Unconsolidated Affiliates – Other than temporary impairments for investments are measured as the difference between the implied fair value and the carrying value of the investments. The estimated fair value for privately held entities is determined by an income approach (discounted cash flows), which includes inputs such as interest rates and margins. The fair value for publicly traded entities is the share price multiplied by the shares owned (see Note 5). 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 (see Note 5).

DERIVATIVE INSTRUMENTS

DERIVATIVE INSTRUMENTS	12 Months Ended
	Oct. 29, 2017
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 29, 2017 and October 30, 2016 were $1,700 million and $1,600 million, respectively. The total notional amounts of the cross-currency interest rate contracts were $22 million and $42 million at October 29, 2017 and October 30, 2016, 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 gain recorded in OCI at October 29, 2017 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 $2 million after-tax. These contracts mature in up to 28 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 29, 2017 and October 30, 2016 were $8,661 million and $8,844 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 $3 million and loss of $2 million in 2017 and 2016, 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: 2017 2016 Interest rate contracts* $ $ Borrowings** 287 * Includes changes in fair values of interest rate contracts excluding net accrued interest income of $79 million and $146 million during 2017 and 2016, respectively. ** Includes adjustments for fair values of hedged borrowings excluding accrued interest expense of $243 million and $290 million during 2017 and 2016, 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 29, 2017 and October 30, 2016 were $6,757 million and $6,060 million, the foreign exchange contracts were $8,499 million and $3,919 million, and the cross-currency interest rate contracts were $66 million and $63 million, respectively. The increase in the total notional amounts of foreign exchange contracts primarily relates to the Wirtgen acquisition, which closed on December 1, 2017 (see Note 30). At October 29, 2017 and October 30, 2016, there were also $253 million and $579 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 29, 2017 and October 30, 2016 in millions of dollars follow: 2017 2016 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 Cross-currency interest rate 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: 2017 2016 2015 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 exchange 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 29, 2017 and October 30, 2016, was $132 million and $29 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 29, 2017 and October 30, 2016 in millions of dollars follows: Gross Amounts Netting Collateral Net Recognized Arrangements Received Amount 2017 Assets $ 235 $ $ 170 Liabilities 158 93 2016 Assets $ $ $ $ Liabilities

SEGMENT AND GEOGRAPHIC AREA DAT

SEGMENT AND GEOGRAPHIC AREA DATA	12 Months Ended
	Oct. 29, 2017
SEGMENT AND GEOGRAPHIC AREA DATA
SEGMENT AND GEOGRAPHIC AREA DATA	28. SEGMENT AND GEOGRAPHIC AREA DATA 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; tractor loaders; combines, cotton pickers, cotton strippers, and sugarcane harvesters; related harvesting front-end equipment; sugarcane loaders and pull-behind scrapers; 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 for the years ended October 29, 2017, October 30, 2016, and November 1, 2015. In addition to the following unaffiliated sales and revenues by segment, intersegment sales and revenues in 2017, 2016, and 2015 were as follows: agriculture and turf net sales of $39 million, $31 million, and $49 million, construction and forestry net sales of $1 million, $1 million, and $1 million, and financial services revenues of $244 million, $225 million, and $225 million, respectively. OPERATING SEGMENTS 2017 2016 2015 Net sales and revenues Unaffiliated customers: Agriculture and turf net sales $ 20,167 $ $ Construction and forestry net sales 5,718 Total net sales 25,885 Financial services revenues 2,935 Other revenues* 918 Total $ 29,738 $ $ * 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 Interest expense Foreign exchange gains (losses) from equipment operations’ financing activities Corporate expenses – net Income taxes Total Net income Less: Net income (loss) 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 $ $ 173 $ 160 Construction and forestry 44 45 Financial services 536 455 Corporate 251 273 Intercompany (268) (240) (253) Total $ 900 $ 764 $ 680 Depreciation* and amortization expense Agriculture and turf $ 695 $ 667 $ 659 Construction and forestry 145 136 133 Financial services 876 757 590 Total $ 1,716 $ 1,560 $ 1,382 * Includes depreciation for equipment on operating leases. Equity in income (loss) of unconsolidated affiliates Agriculture and turf $ 2 $ 9 $ 7 Construction and forestry (27) (13) (7) Financial services 1 2 1 Total $ (24) $ (2) $ 1 Identifiable operating assets Agriculture and turf $ 9,359 $ 8,405 $ 8,332 Construction and forestry 3,212 3,017 3,295 Financial services 42,596 40,837 40,866 Corporate* 10,619 5,659 5,390 Total $ 65,786 $ 57,918 $ 57,883 * 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 2017 2016 2015 Net sales and revenues Unaffiliated customers: U.S. and Canada: Equipment operations net sales (88%)* $ 15,031 $ $ Financial services revenues (79%)* 2,526 Total 17,557 Outside U.S. and Canada: Equipment operations net sales 10,854 Financial services revenues 409 Total 11,263 Other revenues 918 Total $ 29,738 $ $ * 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 2017, 2016, and 2015. Operating profit U.S. and Canada: Equipment operations $ 1,724 $ $ Financial services 523 Total 2,247 Outside U.S. and Canada: Equipment operations 1,097 Financial services 199 Total 1,296 Total $ 3,543 $ $ Property and equipment U.S. $ 2,976 $ $ Germany 598 Other countries 1,494 Total $ 5,068 $ $

SUPPLEMENTAL INFORMATION (UNAUD

SUPPLEMENTAL INFORMATION (UNAUDITED)	12 Months Ended
	Oct. 29, 2017
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 2017 Market price High $ 108.06 $ 113.15 $ 128.91 $ 133.25 Low $ 88.06 $ 107.05 $ 110.79 $ 115.44 2016 Market price High $ 80.19 $ 85.68 $ 87.48 $ 88.09 Low $ 71.78 $ 74.58 $ 77.71 $ 76.83 At October 29, 2017, there were 21,242 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 2017* Net sales and revenues $ 5,625 $ 8,287 $ 7,808 $ 8,018 Net sales 4,698 7,260 6,833 7,094 Gross profit 901 1,815 1,568 1,668 Income before income taxes 328 1,169 890 767 Net income attributable to Deere & Company** 199 808 642 510 Per share data: Basic** .63 2.53 2.00 1.59 Diluted** .62 2.50 1.97 1.57 Dividends declared .60 .60 .60 .60 Dividends paid .60 .60 .60 .60 2016* Net sales and revenues $ 5,525 $ 7,875 $ 6,724 $ 6,520 Net sales 4,769 7,107 5,861 5,650 Gross profit 929 1,575 1,367 1,267 Income before income taxes 351 733 705 435 Net income attributable to Deere & Company 254 496 489 285 Per share data: Basic .80 1.57 1.55 .91 Diluted .80 1.56 1.55 .90 Dividends declared .60 .60 .60 .60 Dividends paid .60 .60 .60 .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.” ** Presents restated first and second quarter values for the adoption of FASB ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting. Net income attributable to Deere & Company was $194 million and $802 million, respectively. Adjustments to basic and diluted per share data were not significant.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Oct. 29, 2017
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	30. SUBSEQUENT EVENTS A quarterly dividend of $.60 per share was declared at the Board of Directors meeting on December 6, 2017, payable on February 1, 2018 to stockholders of record on December 29, 2017. On December 1, 2017, the company acquired the stock and certain assets of substantially all of Wirtgen Group Holding GmbH’s (Wirtgen) business operations. Wirtgen, which was a privately-held international company, is the leading manufacturer worldwide of road construction equipment. Headquartered in Germany, Wirtgen has six brands across the road construction sector spanning processing, mixing, paving, compaction, and rehabilitation. Wirtgen sells products in more than 100 countries and has approximately 8,200 employees. The total cash purchase price was €4,475 million (or approximately US $5,327 million based on the exchange rate at the closing date), a portion of which has been held in escrow to secure certain indemnity obligations of Wirtgen. In addition to the purchase price, the company assumed substantially all liabilities of Wirtgen. The company financed the acquisition and the transaction expenses from a combination of cash and new debt financing. Wirtgen will be included in the company’s construction and forestry operating segment. Due to the recent closing of the acquisition, the formal process necessary to allocate the purchase price to the acquired assets and liabilities has not been completed. The purchase price allocation and proforma results of operations will be completed as soon as practicable within the measurement period. In November 2017, the company’s financial services operations entered into a retail note securitization using its bank conduit facility that resulted in securitization borrowings of approximately $985 million.

SUPPLEMENTAL CONSOLIDATING DATA

SUPPLEMENTAL CONSOLIDATING DATA	12 Months Ended
	Oct. 29, 2017
SUPPLEMENTAL CONSOLIDATING DATA
SUPPLEMENTAL CONSOLIDATING DATA	d 31. SUPPLEMENTAL CONSOLIDATING DATA INCOME STATEMENT For the Years Ended October 29, 2017, October 30, 2016, and November 1, 2015 (In millions of dollars) EQUIPMENT OPERATIONS* FINANCIAL SERVICES 2017 2016 2015 2017 2016 2015 Net Sales and Revenues Net sales $ 25,885.1 $ 23,387.3 $ 25,775.2 Finance and interest income 71.7 61.1 77.0 $ 2,928.2 $ 2,690.1 $ 2,557.0 Other income 1,065.0 653.7 602.7 250.9 229.0 258.9 Total 27,021.8 24,102.1 26,454.9 3,179.1 2,919.1 2,815.9 Costs and Expenses Cost of sales 19,935.2 18,250.8 20,145.2 Research and development expenses 1,367.7 1,389.1 1,425.1 Selling, administrative and general expenses 2,530.7 2,262.5 2,393.8 542.3 508.5 487.3 Interest expense 263.7 250.5 272.8 669.2 536.5 455.0 Interest compensation to Financial Services 234.5 216.6 204.8 Other operating expenses 257.0 215.7 195.0 1,246.8 1,167.0 911.7 Total 24,588.8 22,585.2 24,636.7 2,458.3 2,212.0 1,854.0 Income of Consolidated Group before Income Taxes 2,433.0 1,516.9 1,818.2 720.8 707.1 961.9 Provision for income taxes 726.0 459.0 509.9 245.1 241.1 330.2 Income of Consolidated Group 1,707.0 1,057.9 1,308.3 475.7 466.0 631.7 Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates Financial Services 476.9 467.6 632.9 1.2 1.6 1.2 Other (4.0) (.3) Total 452.2 463.6 632.6 1.2 1.6 1.2 Net Income 2,159.2 1,521.5 1,940.9 476.9 467.6 632.9 Less: Net income (loss) attributable to noncontrolling interests .1 (2.4) .9 Net Income Attributable to Deere & Company $ 2,159.1 $ 1,523.9 $ 1,940.0 $ 476.9 $ 467.6 $ 632.9 * 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 29, 2017 and October 30, 2016 (In millions of dollars except per share amounts) EQUIPMENT OPERATIONS* FINANCIAL SERVICES 2017 2016 2017 2016 ASSETS Cash and cash equivalents $ 8,168.4 $ 3,140.5 $ 1,166.5 $ 1,195.3 Marketable securities 20.2 34.2 431.4 419.3 Receivables from unconsolidated subsidiaries and affiliates 1,032.1 3,150.1 Trade accounts and notes receivable - net 876.3 654.2 4,134.1 3,370.5 Financing receivables - net .4 25,104.1 23,701.9 Financing receivables securitized - net 4,158.8 5,126.5 Other receivables 1,045.6 855.4 195.5 164.0 Equipment on operating leases - net 6,593.7 5,901.5 Inventories 3,904.1 3,340.5 Property and equipment - net 5,017.3 5,118.5 50.4 52.1 Investments in unconsolidated subsidiaries and affiliates 4,812.3 4,697.0 13.8 11.9 Goodwill 1,033.3 815.7 Other intangible assets - net 218.0 104.1 Retirement benefits 538.1 93.6 16.9 20.5 Deferred income taxes 3,098.8 3,556.0 79.8 75.5 Other assets 973.9 834.9 651.4 798.1 Total Assets $ 30,738.4 $ 26,395.1 $ 42,596.4 $ 40,837.1 LIABILITIES AND STOCKHOLDERS’ EQUITY LIABILITIES Short-term borrowings $ 375.5 $ 249.0 $ 9,659.8 $ 6,661.7 Short-term securitization borrowings 4,118.7 4,997.8 Payables to unconsolidated subsidiaries and affiliates 121.9 81.5 996.2 3,133.6 Accounts payable and accrued expenses 7,718.1 6,661.2 1,827.1 1,595.2 Deferred income taxes 115.6 87.3 857.7 745.9 Long-term borrowings 5,490.9 4,565.3 20,400.4 19,137.7 Retirement benefits and other liabilities 7,341.9 8,206.0 92.9 89.0 Total liabilities 21,163.9 19,850.3 37,952.8 36,360.9 Commitments and contingencies (Note 22) Redeemable noncontrolling interest (Note 4) 14.0 14.0 STOCKHOLDERS’ EQUITY Common stock, $1 par value (authorized – 1,200,000,000 shares; 4,280.5 3,911.8 2,099.1 2,079.1 Common stock in treasury, 214,589,902 shares in 2017 (15,460.8) (15,677.1) Retained earnings 25,301.3 23,911.3 2,782.0 2,670.3 Accumulated other comprehensive income (loss) (4,563.7) (5,626.0) (237.5) (273.2) Total Deere & Company stockholders’ equity 9,557.3 6,520.0 4,643.6 4,476.2 Noncontrolling interests 3.2 10.8 Total stockholders’ equity 9,560.5 6,530.8 4,643.6 4,476.2 Total Liabilities and Stockholders’ Equity $ 30,738.4 $ 26,395.1 $ 42,596.4 $ 40,837.1 * 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 29, 2017, October 30, 2016, and November 1, 2015 (In millions of dollars) EQUIPMENT OPERATIONS* FINANCIAL SERVICES 2017 2016 2015 2017 2016 2015 Cash Flows from Operating Activities Net income $ 2,159.2 $ 1,521.5 $ 1,940.9 $ 476.9 $ 467.6 $ 632.9 Adjustments to reconcile net income to net cash provided by operating activities: Provision for credit losses 9.9 8.2 5.5 88.4 86.1 49.9 Provision for depreciation and amortization 839.3 803.4 791.8 984.3 846.7 688.5 Impairment charges 39.8 25.4 15.3 59.7 19.5 Gain on sale of unconsolidated affiliates and investments (74.5) Undistributed earnings of unconsolidated subsidiaries and affiliates 94.0 46.6 (1.5) (1.0) Provision (credit) for deferred income taxes 13.2 (139.8) 106.8 269.5 121.4 Changes in assets and liabilities: Trade receivables (175.3) 113.4 Insurance receivables 333.4 Inventories 578.4 (17.0) Accounts payable and accrued expenses 946.2 (169.6) (253.8) 93.9 40.6 (245.4) Accrued income taxes payable/receivable 18.2 (114.5) 38.5 (11.2) (4.6) Retirement benefits 232.4 414.3 7.3 6.2 13.2 Other 36.5 271.1 81.5 97.1 (25.7) Net cash provided by operating activities 2,438.0 2,911.8 3,073.8 1,876.5 1,860.8 1,582.1 Cash Flows from Investing Activities Collections of receivables (excluding trade and wholesale) 15,963.2 15,831.4 16,266.1 Proceeds from maturities and sales of marketable securities 297.9 81.9 700.1 106.3 87.5 160.6 Proceeds from sales of equipment on operating leases 1,440.8 1,256.2 1,049.4 Proceeds from sales of businesses and unconsolidated 113.9 81.1 149.2 Cost of receivables acquired (excluding trade and wholesale) (15,168.2) (16,327.8) Purchases of marketable securities (59.4) (60.0) (111.8) (94.9) Purchases of property and equipment (641.8) (688.1) (2.6) (5.9) Cost of equipment on operating leases acquired (3,235.7) (3,043.6) Increase in investment in Financial Services (28.2) (27.4) Acquisitions of businesses, net of cash acquired (198.5) Decrease (increase) in trade and wholesale receivables 492.5 657.0 Other (55.2) 6.8 24.6 (45.1) Net cash used for investing activities (516.5) (820.1) (68.6) (2,897.3) (826.1) (1,235.0) Cash Flows from Financing Activities Increase (decrease) in total short-term borrowings 64.5 (207.2) 211.9 1,246.1 (1,006.4) 289.7 Change in intercompany receivables/payables 2,142.0 (756.0) 928.6 756.0 (928.6) Proceeds from long-term borrowings 1,107.0 173.4 6.2 7,595.2 4,897.3 5,704.8 Payments of long-term borrowings (72.8) (214.2) (5,194.8) (4,649.0) Proceeds from issuance of common stock 528.7 36.0 172.1 Repurchases of common stock (205.4) (2,770.7) Capital investment from Equipment Operations 20.0 28.2 27.4 Dividends paid (761.3) (816.3) (562.1) (679.6) Other (36.7) (45.4) (28.0) (26.7) Net cash provided by (used for) financing activities 2,951.3 (1,830.0) (2,527.8) 990.0 (1,109.8) (262.0) Effect of Exchange Rate Changes on Cash and Cash Equivalents 155.1 (21.2) (146.6) 2.0 8.2 (40.7) Net Increase (Decrease) in Cash and Cash Equivalents 5,027.9 240.5 330.8 (28.8) (66.9) 44.4 Cash and Cash Equivalents at Beginning of Year 3,140.5 2,900.0 2,569.2 1,195.3 1,262.2 1,217.8 Cash and Cash Equivalents at End of Year $ 8,168.4 $ 3,140.5 $ 2,900.0 $ 1,166.5 $ 1,195.3 $ 1,262.2 * 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.

SCHEDULE II - VALUATION AND QUA

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS	12 Months Ended
	Oct. 29, 2017
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS	SCHEDULE II DEERE & COMPANY AND CONSOLIDATED SUBSIDIARIES For the Years Ended October 29, 2017, October 30, 2016, and November 1, 2015 (in thousands of dollars) Column A Column B Column C Column D Column E Additions Balance at Charged to Balance beginning costs and Charged to other accounts Deductions at end Description of period expenses Description Amount Description Amount of period YEAR ENDED OCTOBER 29, 2017 Allowance for credit losses: Equipment operations: Trade receivable allowances $ 44,913 $ 10,145 Bad debt recoveries $ 319 Trade receivable write-offs $ 3,398 $ 50,224 Other-primarily translation 1,755 Financial services: Trade receivable allowances 4,880 952 Bad debt recoveries 53 Trade receivable write-offs 239 5,694 Other-primarily translation 48 Financing receivable allowances 176,440 87,525 Bad debt recoveries 40,835 Financing receivable write-offs 115,895 187,562 Other-primarily translation 1,343 Consolidated receivable allowances $ 226,233 $ 98,622 $ 41,255 $ 122,630 $ 243,480 YEAR ENDED OCTOBER 30, 2016 Allowance for credit losses: Equipment operations: Trade receivable allowances $ 34,891 $ 8,132 Bad debt recoveries $ 294 Trade receivable write-offs $ 3,073 $ 44,913 Other-primarily translation 4,669 Financial services: Trade receivable allowances 5,932 2,893 Bad debt recoveries 81 Trade receivable write-offs 4,073 4,880 Other-primarily translation 47 Financing receivable allowances 157,621 84,230 Bad debt recoveries 30,838 Financing receivable write-offs 103,111 176,440 Other-primarily translation 6,862 Consolidated receivable allowances $ 198,444 $ 95,255 $ 42,791 $ 110,257 $ 226,233 YEAR ENDED NOVEMBER 1, 2015 Allowance for credit losses: Equipment operations: Trade receivable allowances $ 50,248 $ 5,270 Bad debt recoveries $ 116 Trade receivable write-offs $ 5,260 $ 34,891 Other-primarily translation 15,483 Financial services: Trade receivable allowances 5,298 1,172 Bad debt recoveries 230 Trade receivable write-offs 329 5,932 Other-primarily translation 439 Financing receivable allowances 174,632 46,481 Bad debt recoveries 25,987 Financing receivable write-offs 66,807 157,621 Other-primarily translation 22,672 Consolidated receivable allowances $ 230,178 $ 52,923 $ 26,333 $ 110,990 $ 198,444

SUMMARY OF SIGNIFICANT ACCOUN40

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Oct. 29, 2017
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
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 uses a 52/53 week fiscal year ending on the last Sunday in the reporting period. The fiscal year ends for 2017, 2016, and 2015 were October 29, 2017, October 30, 2016, and November 1, 2015, respectively. All fiscal years contained 52 weeks.
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. Extended warranty 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 and consideration of current quality developments (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 $169 million in 2017, $169 million in 2016, and $157 million in 2015.
Depreciation and Amortization	Property and equipment, capitalized software, and other intangible assets are generally 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 equipment on operating leases, 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 quarter of each fiscal 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. 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 is considered impaired, the impairment is measured as the excess of the reporting unit’s carrying value over the fair value, with a limit of the goodwill allocated to that reporting unit. If the carrying value of the 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 Notes 5 and 26).
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 or 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 2017, 2016, and 2015 was $(62) million, $(38) million, and $22 million, respectively.
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	In 2016, the company changed the method used to estimate the service and interest cost components of the net periodic pension and postretirement benefits cost. This method uses the spot yield curve approach to estimate the service and interest cost by applying the specific spot rates along the yield curve used to determine the benefit plan obligations to relevant projected cash outflows. For 2015, the service and interest cost components were determined using a single weighted-average discount rate. 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 for all periods presented 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 plan assets equals fair value.
Unremitted Earnings in Foreign Investment, Policy	At October 29, 2017, accumulated earnings in certain subsidiaries outside the U.S. totaled $5,961 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 29, 2017, the amount of cash and cash equivalents and marketable securities held by these foreign subsidiaries, in which earnings are considered indefinitely reinvested, was $3,386 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 that 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 net realizable value.
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. To determine f air 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. 29, 2017
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: 2017 2016 2015 Interest: Equipment operations $ 506 $ 442 $ 471 Financial services 665 524 443 Intercompany eliminations (268) (240) (253) Consolidated $ 903 $ 726 $ 661 Income taxes: Equipment operations $ 898 $ 314 $ 828 Financial services 92 (26) 190 Intercompany eliminations (9) 104 (117) Consolidated $ 981 $ 392 $ 901

PENSION AND OTHER POSTRETIREM42

PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)	12 Months Ended
	Oct. 29, 2017
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: 2017 2016 2015 Pensions Service cost $ 274 $ 254 $ 282 Interest cost 361 391 474 Expected return on plan assets (790) (775) (769) Amortization of actuarial loss 247 211 223 Amortization of prior service cost 12 16 25 Other postemployment benefits 2 1 Settlements/curtailments 2 11 11 Net cost $ 106 $ 110 $ 247 Weighted-average assumptions Discount rates - service cost 3.5% Discount rates - interest cost 3.0% Rate of compensation increase 3.8% Expected long-term rates of return 7.3% 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: 2017 2016 2015 Health care and life insurance Service cost $ 42 $ 38 $ 46 Interest cost 194 204 259 Expected return on plan assets (17) (35) (55) Amortization of actuarial loss 99 73 91 Amortization of prior service credit (77) (78) (77) Settlements/curtailments 1 Net cost $ 241 $ 202 $ 265 Weighted-average assumptions Discount rates - service cost 4.7% Discount rates - interest cost 3.2% Expected long-term rates of return 6.3%
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: 2017 2016 2015 Pensions Net cost $ 106 $ 110 $ 247 Retirement benefit adjustments included in other comprehensive (income) loss: Net actuarial (gain) loss (702) 1,140 361 Prior service cost 1 66 Amortization of actuarial loss (247) (211) (223) Amortization of prior service cost (12) (16) (25) Settlements/curtailments (2) (14) (11) Total (gain) loss recognized in other comprehensive (income) loss (963) 900 168 Total recognized in comprehensive (income) loss $ (857) $ 1,010 $ 415 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: 2017 2016 2015 Health care and life insurance Net cost $ 241 $ 202 $ 265 Retirement benefit adjustments included in other comprehensive (income) loss: Net actuarial (gain) loss (309) 496 (141) Prior service credit (3) (3) Amortization of actuarial loss (99) (73) (91) Amortization of prior service credit 77 78 77 Settlements/curtailments (2) Total (gain) loss recognized in other comprehensive (income) loss (331) 498 (160) Total recognized in comprehensive (income) loss $ (90) $ 700 $ 105
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 29, 2017 and October 30, 2016, respectively, in millions of dollars follow: Health Care and Pensions Life Insurance 2017 2016 2017 2016 Change in benefit obligations Beginning of year balance $ (13,086) $ (12,186) $ (6,500) $ (6,084) Service cost (274) (254) (42) (38) Interest cost (361) (391) (194) (204) Actuarial gain (loss) (35) (1,001) 280 (478) Amendments (1) 3 Benefits paid 704 702 312 321 Health care subsidies (9) (16) Other postemployment benefits (2) Settlements/curtailments 2 6 Foreign exchange and other (116) 41 (9) (4) End of year balance (13,166) (13,086) (6,162) (6,500) Change in plan assets (fair value) Beginning of year balance 11,137 11,164 435 689 Actual return on plan assets 1,517 628 46 17 Employer contribution 62 80 366 47 Benefits paid (704) (702) (312) (321) Settlements (2) (3) Foreign exchange and other 83 (30) 4 3 End of year balance 12,093 11,137 539 435 Funded status $ (1,073) $ (1,949) $ (5,623) $ (6,065) Weighted-average assumptions Discount rates 3.6% 3.7% Rate of compensation increase 3.8%
Schedule of Amounts Recognized in Balance Sheet and Accumulated Other Comprehensive Income - Pretax	The amounts recognized at October 29, 2017 and October 30, 2016, respectively, in millions of dollars consist of the following: Health Care and Pensions Life Insurance 2017 2016 2017 2016 Amounts recognized in balance sheet Noncurrent asset $ 538 $ 94 Current liability (40) (33) $ (63) $ (32) Noncurrent liability (1,571) (2,010) (5,560) (6,033) Total $ (1,073) $ (1,949) $ (5,623) $ (6,065) Amounts recognized in accumulated other comprehensive income – pretax Net actuarial loss $ 4,358 $ 5,309 $ 1,457 $ 1,865 Prior service cost (credit) 55 67 (182) (259) Total $ 4,413 $ 5,376 $ 1,275 $ 1,606
Schedule of Accumulated Other Comprehensive Income Expected to be Amortized as Net Expense (Income) During Next Fiscal Year	The amounts in accumulated other comprehensive income that are expected to be amortized as net expense (income) and reported outside of income from operations during fiscal 2018 in millions of dollars follow: Health Care and Pensions Life Insurance Net actuarial loss $ 225 $ 67 Prior service cost (credit) 12 (77) Total $ 237 $ (10)
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* 2018 $ 721 $ 334 2019 726 337 2020 713 342 2021 701 346 2022 693 352 2023 to 2027 3,458 1,758 * 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 29, 2017 follow in millions of dollars: Total Level 1 Level 2 Cash and short-term investments $ 618 $ 349 $ 269 Equity: U.S. equity securities 1,871 1,850 21 International equity securities 1,551 1,541 10 Fixed Income: Government and agency securities 483 241 242 Corporate debt securities 1,285 1,285 Mortgage-backed securities 42 42 Real estate 103 101 2 Derivative contracts - assets* 159 28 131 Derivative contracts - liabilities** (76) (2) (74) Receivables, payables, and other 1 1 Securities lending collateral 420 420 Securities lending liability (420) (420) Securities sold short (379) (375) (4) Total of Level 1 and Level 2 assets 5,658 $ 3,734 $ 1,924 Investments at net asset value: Short-term investments 203 U.S. equity funds 1,704 International equity funds 921 Corporate debt funds 28 Fixed income funds 772 Real estate 567 Hedge funds 651 Private equity/venture capital 1,560 Other investments 29 Total net assets $ 12,093 * Includes contracts for interest rates of $79 million, foreign currency of $49 million, equity of $27 million, and other of $4 million. ** Includes contracts for interest rates of $48 million, foreign currency of $26 million, and other of $2 million. The fair values of the health care assets at October 29, 2017 follow in millions of dollars: Total Level 1 Level 2 Cash and short-term investments $ 30 $ 28 $ 2 Equity: U.S. equity securities and funds 42 42 International equity securities 9 9 Fixed Income: Government and agency securities 40 37 3 Corporate debt securities 21 21 Mortgage-backed securities 10 10 Real estate 1 1 Interest rate derivative contracts - assets 1 1 Securities lending collateral 25 25 Securities lending liability (25) (25) Securities sold short (2) (2) Total of Level 1 and Level 2 assets 152 $ 115 $ 37 Investments at net asset value: Short-term investments 1 U.S. equity funds 164 International equity funds 117 Fixed income funds 87 Real estate funds 4 Hedge funds 4 Private equity/venture capital 10 Total net assets $ 539 The fair values of the pension plan assets at October 30, 2016 follow in millions of dollars: Total Level 1 Level 2 Cash and short-term investments $ 684 $ 322 $ 362 Equity: U.S. equity securities and funds 3,000 2,965 35 International equity securities and funds 1,711 1,697 14 Fixed Income: Government and agency securities 440 224 216 Corporate debt securities 1,205 1,205 Mortgage-backed securities 39 39 Fixed income funds 20 20 Real estate 121 118 3 Derivative contracts - assets* 191 3 188 Derivative contracts - liabilities** (59) (14) (45) Receivables, payables, and other 6 5 1 Securities lending collateral 693 108 585 Securities lending liability (693) (108) (585) Securities sold short (338) (333) (5) Total of Level 1 and Level 2 assets 7,020 $ 5,007 $ 2,013 Investments at net asset value: Short-term investments 216 U.S. equity funds 30 International equity funds 595 Corporate debt funds 25 Fixed income funds 482 Real estate 515 Hedge funds 624 Private equity/venture capital 1,603 Other investments 27 Total net assets $ 11,137 * Includes contracts for interest rates of $125 million, foreign currency of $59 million, equity of $4 million, and other of $3 million. ** Includes contracts for interest rates of $19 million, foreign currency of $33 million, equity of $6 million, and other of $1 million. The fair values of the health care assets at October 30, 2016 follow in millions of dollars: Total Level 1 Level 2 Cash and short-term investments $ 32 $ 27 $ 5 Equity: U.S. equity securities and funds 138 138 International equity securities and funds 25 25 Fixed Income: Government and agency securities 43 40 3 Corporate debt securities 30 30 Mortgage-backed securities 11 11 Real estate 2 2 Derivative contracts - assets* 3 3 Securities lending collateral 48 11 37 Securities lending liability (48) (11) (37) Securities sold short (5) (5) Total of Level 1 and Level 2 assets 279 $ 227 $ 52 Investments at net asset value: Short-term investments 3 International equity funds 60 Fixed income funds 20 Real estate funds 7 Hedge funds 44 Private equity/venture capital 22 Total net assets $ 435 * Includes contracts for interest rates of $2 million and foreign currency of $1 million.

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Oct. 29, 2017
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: 2017 2016 2015 Current: U.S.: Federal $ 360 $ 51 $ 377 State 48 26 32 Foreign 463 340 449 Total current 871 417 858 Deferred: U.S.: Federal 59 297 21 State 7 11 4 Foreign 34 (25) (43) Total deferred 100 283 (18) Provision for income taxes $ 971 $ 700 $ 840
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: 2017 2016 2015 U.S. federal income tax provision at a statutory rate of 35 percent $ 1,104 $ 778 $ 973 Increase (decrease) resulting from: State and local income taxes, net of federal income tax benefit 35 26 23 Differences in taxability of foreign earnings (83) (107) (449) Nondeductible impairment charges 4 Research and business tax credits (63) (57) (76) Tax rates on foreign earnings (86) (27) (36) Valuation allowance on deferred taxes 89 79 384 Other-net (25) 4 21 Provision for income taxes $ 971 $ 700 $ 840
Analysis of the Deferred Income Tax Assets and Liabilities	An analysis of the deferred income tax assets and liabilities at October 29, 2017 and October 30, 2016 in millions of dollars follows: 2017 2016 Deferred Deferred Deferred Deferred Tax Tax Tax Tax Assets Liabilities Assets Liabilities Other postretirement benefit liabilities $ 2,011 $ 2,191 Lease transactions $ 933 $ 817 Tax loss and tax credit carryforwards 677 661 Accrual for sales allowances 680 592 Tax over book depreciation 569 578 Pension liability - net 420 706 Foreign unrealized losses 7 472 Accrual for employee benefits 141 133 Share-based compensation 116 152 Goodwill and other intangible assets 130 89 Allowance for credit losses 107 88 Deferred compensation 59 50 Undistributed foreign earnings 21 30 Other items 432 172 471 175 Less valuation allowances (620) (1,029) Deferred income tax assets and liabilities $ 4,030 $ 1,825 $ 4,487 $ 1,689
Reconciliation of Unrecognized Tax Benefits	A reconciliation of the total amounts of unrecognized tax benefits at October 29, 2017, October 30, 2016, and November 1, 2015 in millions of dollars follows: 2017 2016 2015 Beginning of year balance $ 198 $ 229 $ 213 Increases to tax positions taken during the current year 35 14 32 Increases to tax positions taken during prior years 13 11 29 Decreases to tax positions taken during prior years (17) (36) (15) Decreases due to lapse of statute of limitations (11) (7) (11) Settlements (1) (5) (6) Foreign exchange 4 (8) (13) End of year balance $ 221 $ 198 $ 229

OTHER INCOME AND OTHER OPERAT44

OTHER INCOME AND OTHER OPERATING EXPENSES (Tables)	12 Months Ended
	Oct. 29, 2017
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: 2017 2016 2015 Other income Revenues from services $ 288 $ 270 $ 280 Insurance premiums and fees earned** 211 195 173 SiteOne investment gains* 375 75 Investment income 17 16 26 Other 230 190 228 Total $ 1,121 $ 746 $ 707 Other operating expenses Depreciation of equipment on operating leases $ 853 $ 742 $ 577 Insurance claims and expenses** 187 188 183 Cost of services 168 162 160 Other 109 163 41 Total $ 1,317 $ 1,255 $ 961 * See Note 5. ** Primarily related to extended warranties (see Note 22).

UNCONSOLIDATED AFFILIATED COM45

UNCONSOLIDATED AFFILIATED COMPANIES (Tables)	12 Months Ended
	Oct. 29, 2017
UNCONSOLIDATED AFFILIATED COMPANIES
Unconsolidated Affiliated Companies	Combined financial information of the unconsolidated affiliated companies in millions of dollars follows: Operations 2017 2016 2015 Sales $ $ 3,206 $ 3,290 Net income 30 23 Deere & Company’s equity in net income (loss) (2) 1 Financial Position 2017 2016 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 : 2017 2016 2015 Net sales $ 84 $ 45 $ 37 Purchases 1,331 1,016 1,284

MARKETABLE SECURITIES (Tables)

MARKETABLE SECURITIES (Tables)	12 Months Ended
	Oct. 29, 2017
MARKETABLE SECURITIES
Amortized Cost and Fair Value of Marketable Securities	The amortized cost and fair value of marketable securities at October 29, 2017 and October 30, 2016 in millions of dollars follow: Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value 2017 Equity fund $ 37 $ $ 48 Fixed income fund 15 15 U.S. government debt securities 76 77 Municipal debt securities 39 $ 39 Corporate debt securities 133 135 International debt securities 22 20 Mortgage-backed securities* 119 118 Marketable securities $ 441 $ 17 $ $ 452 2016 Equity fund $ $ $ Fixed income fund U.S. government debt securities Municipal debt securities Corporate debt securities International 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 29, 2017 in millions of dollars follow: Amortized Fair Cost Value Due in one year or less $ 26 $ 25 Due after one through five years 111 110 Due after five through 10 years 83 84 Due after 10 years 50 52 Mortgage-backed securities 119 118 Debt securities $ 389 $ 389

RECEIVABLES (Tables)

RECEIVABLES (Tables)	12 Months Ended
	Oct. 29, 2017
Accounts, Notes, Loans and Financing Receivable
Schedule of Financing Receivable Installments	Financing receivable installments, including unearned finance income, at October 29, 2017 and October 30, 2016 are scheduled as follows in millions of dollars: 2017 2016 Unrestricted/Securitized Unrestricted/Securitized Due in months: 0 – 12 $ 13,237 $ 2,027 $ 12,835 $ 2,269 13 – 24 5,056 1,256 4,760 1,536 25 – 36 3,708 672 3,386 931 37 – 48 2,518 243 2,219 408 49 – 60 1,398 50 1,181 84 Thereafter 475 2 404 7 Total $ 26,392 $ 4,250 $ 24,785 $ 5,235
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 29, 2017 and October 30, 2016 follows in millions of dollars: 30-59 60-89 90 Days Days Days or Greater Total Past Due Past Due Past Due Past Due 2017 Retail Notes: Agriculture and turf $ 118 $ 54 $ 49 $ 221 Construction and forestry 75 33 39 147 Other: Agriculture and turf 27 14 7 48 Construction and forestry 11 6 2 19 Total $ 231 $ 107 $ 97 $ 435 Total Total Total Non- Financing Past Due Performing Current Receivables Retail Notes: Agriculture and turf $ 221 $ 173 $ 17,508 $ 17,902 Construction and forestry 147 30 2,618 2,795 Other: Agriculture and turf 48 12 7,610 7,670 Construction and forestry 19 5 1,059 1,083 Total $ 435 $ 220 $ 28,795 29,450 Less allowance for credit losses 187 Total financing receivables - net $ 29,263 30-59 60-89 90 Days Days Days or Greater Total Past Due Past Due Past Due Past Due 2016 Retail Notes: Agriculture and turf $ 115 $ 57 $ 65 $ 237 Construction and forestry 78 32 25 135 Other: Agriculture and turf 26 11 6 43 Construction and forestry 10 5 4 19 Total $ 229 $ 105 $ 100 $ 434 Total Total Total Non- Financing Past Due Performing Current Receivables Retail Notes: Agriculture and turf $ 237 $ 191 $ 17,526 $ 17,954 Construction and forestry 135 35 2,558 2,728 Other: Agriculture and turf 43 9 7,286 7,338 Construction and forestry 19 9 957 985 Total $ 434 $ 244 $ 28,327 29,005 Less allowance for credit losses 176 Total financing receivables - net $ 28,829
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 2017 Allowance: Beginning of year balance $ $ 40 $ 23 $ 176 Provision 46 33 9 88 Write-offs (56) (53) (7) (116) Recoveries 20 20 1 41 Translation adjustments (2) (2) End of year balance* $ 121 $ 40 $ 26 $ 187 Financing receivables: End of year balance $ 20,697 $ 3,629 $ 5,124 $ 29,450 Balance individually evaluated $ 86 $ 3 $ 20 $ 109 2016 Allowance: Beginning of year balance $ 95 $ 40 $ 22 $ 157 Provision 43 36 5 84 Write-offs (43) (55) (5) (103) Recoveries 11 19 1 31 Translation adjustments 7 7 End of year balance* $ 113 $ 40 $ 23 $ 176 Financing receivables: End of year balance $ 20,682 $ 3,135 $ 5,188 $ 29,005 Balance individually evaluated $ 108 $ 8 $ 20 $ 136 2015 Allowance: Beginning of year balance $ 109 $ 41 $ 25 $ 175 Provision 22 21 3 46 Write-offs (26) (37) (4) (67) Recoveries 10 15 1 26 Translation adjustments (20) (3) (23) End of year balance* $ 95 $ 40 $ 22 $ 157 Financing receivables: End of year balance $ 21,567 $ 2,740 $ 5,494 $ 29,801 Balance individually evaluated $ 40 $ 6 $ 46 * Individual allowances were not significant.
Analysis of the Impaired Financing Receivables	An analysis of the impaired financing receivables at October 29, 2017 and October 30, 2016 follows in millions of dollars: Unpaid Average Recorded Principal Specific Recorded Investment Balance Allowance Investment 2017* Receivables with specific allowance** $ 36 $ 33 $ 10 $ 30 Receivables without a specific allowance*** 28 27 24 Total $ 64 $ 60 $ 10 $ 54 Agriculture and turf $ 49 $ 46 $ 10 $ 38 Construction and forestry $ 15 $ 14 $ 16 2016* Receivables with specific allowance** $ 31 $ 28 $ 9 $ 29 Receivables without a specific allowance*** 29 27 26 Total $ 60 $ 55 $ 9 $ 55 Agriculture and turf $ 33 $ 30 $ 8 $ 27 Construction and forestry $ 27 $ 25 $ 1 $ 28 * Finance income recognized was not material. ** Primarily retail notes. *** Primarily retail notes and wholesale receivables.
Schedule of Other Receivables	Other receivables at October 29, 2017 and October 30, 2016 consisted of the following in millions of dollars: 2017 2016 Taxes receivable $ 876 $ 702 Other 324 317 Other receivables $ 1,200 $ 1,019
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 29, 2017 and October 30, 2016 in millions of dollars follows: 2017 2016 Trade accounts and notes: Agriculture and turf $ 2,991 $ 2,438 Construction and forestry 934 573 Trade accounts and notes receivable – net $ 3,925 $ 3,011
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 29, 2017 and October 30, 2016 in millions of dollars follow: 2017 2016 Unrestricted/Securitized Unrestricted/Securitized Retail notes: Agriculture and turf $ 15,200 $ 3,651 $ 14,152 $ 4,615 Construction and forestry 2,297 599 2,201 620 Total 17,497 4,250 16,353 5,235 Wholesale notes 3,653 3,971 Revolving charge accounts 3,629 3,135 Financing leases (direct and sales-type) 1,613 1,326 Total financing receivables 26,392 4,250 24,785 5,235 Less: Unearned finance income: Retail notes 972 78 812 94 Financing leases 142 109 Total 1,114 78 921 94 Allowance for credit losses 174 13 162 14 Financing receivables – net $ 25,104 $ 4,159 $ 23,702 $ 5,127
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 29, 2017 and October 30, 2016 related to the company’s sales of equipment that were included in the table above consisted of the following in millions of dollars: 2017 2016 Unrestricted Unrestricted Retail notes*: Agriculture and turf $ 2,099 $ 1,896 Construction and forestry 368 336 Total 2,467 2,232 Wholesale notes 3,653 3,971 Sales-type leases 763 648 Total 6,883 6,851 Less: Unearned finance income: Retail notes 231 202 Sales-type leases 53 42 Total 284 244 Financing receivables related to the company’s sales of equipment $ 6,599 $ 6,607 * These retail notes generally arise from sales of equipment by company-owned dealers or through direct sales.

SECURITIZATION OF FINANCING R48

SECURITIZATION OF FINANCING RECEIVABLES (Tables)	12 Months Ended
	Oct. 29, 2017
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 29 in millions of dollars: 2017 Carrying value of liabilities $ 1,096 Maximum exposure to loss 1,155
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 29, 2017 and October 30, 2016 were as follows in millions of dollars: 2017 2016 Financing receivables securitized (retail notes) $ 4,172 $ 5,141 Allowance for credit losses (13) (14) Other assets 105 115 Total restricted securitized assets $ 4,264 $ 5,242 The components of consolidated secured borrowings and other liabilities related to securitizations at October 29, 2017 and October 30, 2016 were as follows in millions of dollars: 2017 2016 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. 29, 2017
EQUIPMENT ON OPERATING LEASES
Equipment on Operating Leases - Net	Net equipment on operating leases at October 29, 2017 and October 30, 2016 consisted of the following in millions of dollars: 2017 2016 Equipment on operating leases: Agriculture and turf $ 5,385 $ Construction and forestry 1,209 Equipment on operating leases – net $ 6,594 $

INVENTORIES (Tables)

INVENTORIES (Tables)	12 Months Ended
	Oct. 29, 2017
INVENTORIES
Major Classification of Inventories	If all inventories had been valued on a FIFO basis, estimated inventories by major classification at October 29, 2017 and October 30, 2016 in millions of dollars would have been as follows: 2017 2016 Raw materials and supplies $ 1,688 $ Work-in-process 495 Finished goods and parts 3,182 Total FIFO value 5,365 Less adjustment to LIFO value 1,461 Inventories $ 3,904 $

PROPERTY AND DEPRECIATION (Tabl

PROPERTY AND DEPRECIATION (Tables)	12 Months Ended
	Oct. 29, 2017
PROPERTY AND DEPRECIATION
Schedule of Property and Equipment	A summary of property and equipment at October 29, 2017 and October 30, 2016 in millions of dollars follows: Useful Lives* (Years) 2017 2016 Equipment Operations Land $ 122 $ 119 Buildings and building equipment 22 3,396 3,230 Machinery and equipment 11 5,378 5,180 Dies, patterns, tools, etc. 8 1,647 1,604 All other 5 942 893 Construction in progress 358 370 Total at cost 11,843 11,396 Less accumulated depreciation 6,826 6,277 Total 5,017 5,119 Financial Services Land 4 4 Buildings and building equipment 26 74 73 All other 6 38 36 Total at cost 116 113 Less accumulated depreciation 65 61 Total 51 52 Property and equipment – net $ 5,068 $ 5,171 * Weighted-averages

GOODWILL AND OTHER INTANGIBLE52

GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables)	12 Months Ended
	Oct. 29, 2017
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 Goodwill at November 1, 2015 $ 227 $ 499 $ 726 Acquisitions* 95 95 Translation adjustments and other 1 (6) (5) Goodwill at October 30, 2016 323 493 816 Acquisitions* 193 193 Translation adjustments and other 5 19 24 Goodwill at October 29, 2017 $ 521 $ 512 $ 1,033 * See Note 4.
Components of Other Intangible Assets	The components of other intangible assets are as follows in millions of dollars: Useful Lives* (Years) 2017 2016 Amortized intangible assets: Customer lists and relationships 11 $ 42 $ Technology, patents, trademarks, and other 13 139 Total at cost 181 Less accumulated amortization** 86 Total 95 Unamortized intangible assets: In-process research and development*** 123 Other intangible assets – net $ 218 $ * Weighted-averages ** Accumulated amortization at 2017 and 2016 for customer lists and relationships was $17 million and $11 million and technology, patents, trademarks, and other was $69 million and $58 million, respectively. ***See Note 4.

TOTAL SHORT-TERM BORROWINGS (Ta

TOTAL SHORT-TERM BORROWINGS (Tables)	12 Months Ended
	Oct. 29, 2017
TOTAL SHORT-TERM BORROWINGS
Short-Term Borrowings	Total short-term borrowings at October 29, 2017 and October 30, 2016 consisted of the following in millions of dollars: 2017 2016 Equipment Operations 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. Unamortized debt issuance costs were $2 million and $1 million, respectively. ** Includes unamortized debt issuance costs of $4 million and $5 million, respectively.

ACCOUNTS PAYABLE AND ACCRUED 54

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)	12 Months Ended
	Oct. 29, 2017
ACCOUNTS PAYABLE AND ACCRUED EXPENSES
Accounts Payable and Accrued Expenses	Accounts payable and accrued expenses at October 29, 2017 and October 30, 2016 consisted of the following in millions of dollars: 2017 2016 Equipment Operations Accounts payable: Trade payables $ 2,069 $ 1,598 Dividends payable 194 189 Other 164 193 Accrued expenses: Dealer sales discounts 1,559 1,371 Product warranties 1,007 779 Employee benefits 861 861 Unearned revenue 520 401 Other 1,344 1,269 Total 7,718 6,661 Financial Services Accounts payable: Deposits withheld from dealers and merchants 207 230 Other 275 268 Accrued expenses: Unearned revenue 797 735 Accrued interest 148 125 Employee benefits 55 52 Other 345 185 Total 1,827 1,595 Eliminations* 1,128 1,016 Accounts payable and accrued expenses $ 8,417 $ 7,240 * Primarily 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. 29, 2017
LONG-TERM BORROWINGS
Long-Term Borrowings	Long-term borrowings at October 29, 2017 and October 30, 2016 consisted of the following in millions of dollars: 2017 2016 Equipment Operations U.S. dollar notes and debentures: 4.375% notes due 2019 $ 750 $ 750 8-1/2% debentures due 2022 105 105 2.60% notes due 2022 1,000 1,000 6.55% debentures due 2028 200 200 5.375% notes due 2029 500 500 8.10% debentures due 2030 250 250 7.125% notes due 2031 300 300 3.90% notes due 2042 1,250 1,250 Euro notes: Medium-term notes due 2020 - 2023: (principal €850 - 2017) Average interest rate of .3% - 2017 990 Other notes 166 231 Less debt issuance costs 20 21 Total 5,491 4,565 Financial Services Notes and debentures: Medium-term notes due 2018 - 2027: (principal $18,678 - 2017, $17,203 - 2016) Average interest rates of 2.0% - 2017, 1.7% - 2016 18,601 * 17,434 * 2.75% senior note due 2022: ($500 principal) Swapped $500 to variable interest rate of 2.0% - 2017, 1.6% - 2016 502 * 519 * Other notes 1,339 1,221 Less debt issuance costs 42 36 Total 20,400 19,138 Long-term borrowings** $ 25,891 $ 23,703 * 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. 29, 2017
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 2017 2016 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. 29, 2017
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 November 2, 2014 536.4 $ Stock options and other Balance at November 1, 2015 536.4 Stock options and other Balance at October 30, 2016 536.4 Stock options and other 369 Balance at October 29, 2017 536.4 $ 4,281
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: 2017 2016 2015 Net income attributable to Deere & Company $ 2,159.1 $ $ Less income allocable to participating securities .6 .7 .8 Income allocable to common stock $ 2,158.5 $ $ Average shares outstanding 319.5 Basic per share $ 6.76 $ $ Average shares outstanding 319.5 Effect of dilutive stock options 3.8 Total potential shares outstanding 323.3 Diluted per share $ 6.68 $ $

STOCK OPTION AND RESTRICTED S58

STOCK OPTION AND RESTRICTED STOCK AWARDS (Tables)	12 Months Ended
	Oct. 29, 2017
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: 2017 2016 2015 Risk-free interest rate .88% - 2.5% .23% - 2.3% .04% - 2.3% Expected dividends 2.4% 2.8% 2.5% Expected volatility 24.0% - 24.8% 25.2% - 29.0% 23.4% - 25.7% Weighted-average volatility 24.5% 26.5% 25.6% Expected term (in years) 7.8 - 8.6 7.0 - 8.6 7.2 - 8.2
Stock Option Activity	Stock option activity at October 29, 2017 and changes during 2017 in millions of dollars and shares follow: Remaining Contractual Aggregate Exercise Term Intrinsic Shares Price* (Years) Value Outstanding at beginning of year 17.5 $ Granted .7 100.55 Exercised 76.56 Expired or forfeited (.1) 86.81 Outstanding at end of year 11.2 81.39 6.17 $ 581.6 Exercisable at end of year 7.8 79.64 5.34 418.9 * Weighted-averages
Restricted Share Activity	The company’s restricted shares at October 29, 2017 and changes during 2017 in millions of shares follow: Grant-Date Shares Fair Value* Service based only Nonvested at beginning of year .3 $ Granted .5 Vested (.1) Nonvested at end of year .7 Performance/service and market/service based Nonvested at beginning of year .4 $ Granted .1 Performance change (.1) Nonvested at end of year .4 * Weighted-averages

OTHER COMPREHENSIVE INCOME IT59

OTHER COMPREHENSIVE INCOME ITEMS (Tables)	12 Months Ended
	Oct. 29, 2017
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 November 2, 2014, November 1, 2015, October 30, 2016, and October 29, 2017 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) 2014 $ (3,493) $ (303) $ 13 $ (3,783) Period Change (8) (935) $ (2) (1) (946) 2015 (3,501) (1,238) (2) 12 (4,729) Period Change (908) 9 3 (1) (897) 2016 (4,409) (1,229) 1 11 (5,626) Period Change 829 230 4 (1) 1,062 2017 $ (3,580) $ (999) $ 5 $ 10 $ (4,564)
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 2017 Cumulative translation adjustment $ 232 $ (2) $ 230 Unrealized gain (loss) on derivatives: Unrealized hedging gain (loss) 3 (1) 2 Reclassification of realized (gain) loss to: Interest rate contracts – Interest expense 2 (1) 1 Foreign exchange contracts – Other operating expenses 1 1 Net unrealized gain (loss) on derivatives 6 (2) 4 Unrealized gain (loss) on investments: Unrealized holding gain (loss) 274 (101) 173 Reclassification of realized (gain) loss – Other income (275) 101 (174) Net unrealized gain (loss) on investments (1) (1) Retirement benefits adjustment: Pensions Net actuarial gain (loss) 702 (248) 454 Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:* Actuarial (gain) loss 247 (89) 158 Prior service (credit) cost 12 (4) 8 Settlements/curtailments 2 (1) 1 Health care and life insurance Net actuarial gain (loss) 309 (115) 194 Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:* Actuarial (gain) loss 99 (36) 63 Prior service (credit) cost (77) 28 (49) Net unrealized gain (loss) on retirement benefits adjustment 1,294 (465) 829 Total other comprehensive income (loss) $ 1,531 $ (469) $ 1,062 * These accumulated other comprehensive income amounts are included in net periodic pension and postretirement costs. See Note 7 for additional detail. Before Tax After Tax (Expense) Tax Amount Credit Amount 2016 Cumulative translation adjustment $ 8 $ 1 $ 9 Unrealized gain (loss) on derivatives: Unrealized hedging gain (loss) (2) 1 (1) Reclassification of realized (gain) loss to: Interest rate contracts – Interest expense 7 (2) 5 Foreign exchange contracts – Other operating expenses (1) (1) Net unrealized gain (loss) on derivatives 4 (1) 3 Unrealized gain (loss) on investments: Unrealized holding gain (loss) 2 2 Reclassification of realized (gain) loss – Other income (4) 1 (3) Net unrealized gain (loss) on investments (2) 1 (1) Retirement benefits adjustment: Pensions Net actuarial gain (loss) and prior service credit (cost) (1,141) 397 (744) Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:* Actuarial (gain) loss 211 (77) 134 Prior service (credit) cost 16 (6) 10 Settlements/curtailments 14 (4) 10 Health care and life insurance Net actuarial gain (loss) and prior service credit (cost) (493) 178 (315) Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:* Actuarial (gain) loss 73 (27) 46 Prior service (credit) cost (78) 29 (49) Net unrealized gain (loss) on retirement benefits adjustment (1,398) 490 (908) Total other comprehensive income (loss) $ (1,388) $ 491 $ (897) * These accumulated other comprehensive income amounts are included in net periodic pension and postretirement costs. See Note 7 for additional detail. Before Tax After Tax (Expense) Tax Amount Credit Amount 2015 Cumulative translation adjustment $ (938) $ 3 $ (935) Unrealized gain (loss) on derivatives: Unrealized hedging gain (loss) (12) 4 (8) Reclassification of realized (gain) loss to: Interest rate contracts – Interest expense 12 (4) 8 Foreign exchange contracts – Other operating expenses (4) 2 (2) Net unrealized gain (loss) on derivatives (4) 2 (2) Unrealized gain (loss) on investments: Unrealized holding gain (loss) 12 (4) 8 Reclassification of realized (gain) loss – Other income (14) 5 (9) Net unrealized gain (loss) on investments (2) 1 (1) Retirement benefits adjustment: Pensions Net actuarial gain (loss) and prior service credit (cost) (427) 151 (276) Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:* Actuarial (gain) loss 223 (81) 142 Prior service (credit) cost 25 (9) 16 Settlements/curtailments 11 (4) 7 Health care and life insurance Net actuarial gain (loss) and prior service credit (cost) 145 (52) 93 Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income:* Actuarial (gain) loss 91 (34) 57 Prior service (credit) cost (77) 29 (48) Settlements/curtailments 1 1 Net unrealized gain (loss) on retirement benefits adjustment (8) (8) Total other comprehensive income (loss) $ (952) $ 6 $ (946) * These accumulated other comprehensive income amounts are included in net periodic pension and postretirement costs. See Note 7 for additional detail.

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Oct. 29, 2017
FAIR VALUE MEASUREMENTS
Fair Value of Financial Instruments	The fair values of financial instruments that do not approximate the carrying values at October 29, 2017 and October 30, 2016 in millions of dollars follow: 2017 2016 Carrying Fair Carrying Fair Value Value* Value Value* Financing receivables – net $ 25,104 $ 24,946 $ $ Financing receivables securitized – net $ 4,159 $ 4,130 $ $ Short-term securitization borrowings $ 4,119 $ 4,118 $ $ Long-term borrowings due within one year: Equipment operations $ 154 $ 154 $ $ Financial services 6,064 6,079 Total $ 6,218 $ 6,233 $ $ Long-term borrowings: Equipment operations $ 5,491 $ 6,026 $ $ Financial services 20,400 20,606 Total $ 25,891 $ 26,632 $ $ * 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 29, 2017 and October 30, 2016 at fair value on a recurring basis in millions of dollars follow: 2017* 2016* 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 Cross-currency interest rate contracts Total liabilities $ $ * All measurements above were Level 2 measurements except for Level 1 measurements of the equity fund of $48 million and $45 million at October 29, 2017 and October 30, 2016, respectively, the fixed income fund of $15 million and $15 million at October 29, 2017 and October 30, 2016, respectively, and U.S. government debt securities of $44 million and $53 million at October 29, 2017 and October 30, 2016, respectively. In addition, $17 million and $28 million of the international debt securities were Level 3 measurements at October 29, 2017 and October 30, 2016, respectively. There were no transfers between Level 1 and Level 2 during 2017 and 2016. ** 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 29, 2017 and October 30, 2016 in millions of dollars follow: 2017 2016 Beginning of period balance $ $ Purchases Principal payments Change in unrealized gain (loss) End of period balance $ $
Fair Value, Nonrecurring, Level 3 Measurements	Fair value, nonrecurring measurements from impairments at October 29, 2017 and October 30, 2016 in millions of dollars follow: Fair Value* Losses* 2017 2016 2017 2016 2015 Equipment on operating leases – net $ 654 $ 31 $ 10 Property and equipment – net $ 31 $ 13 $ 10 Investments in unconsolidated affiliates $ 28 $ 1 $ 40 $ 12 Other assets $ 184 $ 29 $ 15 * Fair value at October 29, 2017 was a Level 1 measurement, while fair values at October 30, 2016 were Level 3 measurements. 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. 29, 2017
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: 2017 2016 Interest rate contracts* $ $ Borrowings** 287 * Includes changes in fair values of interest rate contracts excluding net accrued interest income of $79 million and $146 million during 2017 and 2016, respectively. ** Includes adjustments for fair values of hedged borrowings excluding accrued interest expense of $243 million and $290 million during 2017 and 2016, respectively.
Fair Value of Derivative Instruments in Consolidated Balance Sheet	Fair values of derivative instruments in the consolidated balance sheet at October 29, 2017 and October 30, 2016 in millions of dollars follow: 2017 2016 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 Cross-currency interest rate 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: 2017 2016 2015 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 exchange 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 29, 2017 and October 30, 2016 in millions of dollars follows: Gross Amounts Netting Collateral Net Recognized Arrangements Received Amount 2017 Assets $ 235 $ $ 170 Liabilities 158 93 2016 Assets $ $ $ $ Liabilities

SEGMENT AND GEOGRAPHIC SEGMENT

SEGMENT AND GEOGRAPHIC SEGMENT DATA (Tables)	12 Months Ended
	Oct. 29, 2017
SEGMENT AND GEOGRAPHIC AREA DATA
Schedule of Segment Reporting Information	Information relating to operations by operating segment in millions of dollars follows for the years ended October 29, 2017, October 30, 2016, and November 1, 2015. In addition to the following unaffiliated sales and revenues by segment, intersegment sales and revenues in 2017, 2016, and 2015 were as follows: agriculture and turf net sales of $39 million, $31 million, and $49 million, construction and forestry net sales of $1 million, $1 million, and $1 million, and financial services revenues of $244 million, $225 million, and $225 million, respectively. OPERATING SEGMENTS 2017 2016 2015 Net sales and revenues Unaffiliated customers: Agriculture and turf net sales $ 20,167 $ $ Construction and forestry net sales 5,718 Total net sales 25,885 Financial services revenues 2,935 Other revenues* 918 Total $ 29,738 $ $ * 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 Interest expense Foreign exchange gains (losses) from equipment operations’ financing activities Corporate expenses – net Income taxes Total Net income Less: Net income (loss) 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 $ $ 173 $ 160 Construction and forestry 44 45 Financial services 536 455 Corporate 251 273 Intercompany (268) (240) (253) Total $ 900 $ 764 $ 680 Depreciation* and amortization expense Agriculture and turf $ 695 $ 667 $ 659 Construction and forestry 145 136 133 Financial services 876 757 590 Total $ 1,716 $ 1,560 $ 1,382 * Includes depreciation for equipment on operating leases. Equity in income (loss) of unconsolidated affiliates Agriculture and turf $ 2 $ 9 $ 7 Construction and forestry (27) (13) (7) Financial services 1 2 1 Total $ (24) $ (2) $ 1 Identifiable operating assets Agriculture and turf $ 9,359 $ 8,405 $ 8,332 Construction and forestry 3,212 3,017 3,295 Financial services 42,596 40,837 40,866 Corporate* 10,619 5,659 5,390 Total $ 65,786 $ 57,918 $ 57,883 * 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 2017 2016 2015 Net sales and revenues Unaffiliated customers: U.S. and Canada: Equipment operations net sales (88%)* $ 15,031 $ $ Financial services revenues (79%)* 2,526 Total 17,557 Outside U.S. and Canada: Equipment operations net sales 10,854 Financial services revenues 409 Total 11,263 Other revenues 918 Total $ 29,738 $ $ * 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 2017, 2016, and 2015. Operating profit U.S. and Canada: Equipment operations $ 1,724 $ $ Financial services 523 Total 2,247 Outside U.S. and Canada: Equipment operations 1,097 Financial services 199 Total 1,296 Total $ 3,543 $ $ Property and equipment U.S. $ 2,976 $ $ Germany 598 Other countries 1,494 Total $ 5,068 $ $

SUPPLEMENTAL INFORMATION (UNA63

SUPPLEMENTAL INFORMATION (UNAUDITED) (Tables)	12 Months Ended
	Oct. 29, 2017
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 2017 Market price High $ 108.06 $ 113.15 $ 128.91 $ 133.25 Low $ 88.06 $ 107.05 $ 110.79 $ 115.44 2016 Market price High $ 80.19 $ 85.68 $ 87.48 $ 88.09 Low $ 71.78 $ 74.58 $ 77.71 $ 76.83
Quarterly Financial Information	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 2017* Net sales and revenues $ 5,625 $ 8,287 $ 7,808 $ 8,018 Net sales 4,698 7,260 6,833 7,094 Gross profit 901 1,815 1,568 1,668 Income before income taxes 328 1,169 890 767 Net income attributable to Deere & Company** 199 808 642 510 Per share data: Basic** .63 2.53 2.00 1.59 Diluted** .62 2.50 1.97 1.57 Dividends declared .60 .60 .60 .60 Dividends paid .60 .60 .60 .60 2016* Net sales and revenues $ 5,525 $ 7,875 $ 6,724 $ 6,520 Net sales 4,769 7,107 5,861 5,650 Gross profit 929 1,575 1,367 1,267 Income before income taxes 351 733 705 435 Net income attributable to Deere & Company 254 496 489 285 Per share data: Basic .80 1.57 1.55 .91 Diluted .80 1.56 1.55 .90 Dividends declared .60 .60 .60 .60 Dividends paid .60 .60 .60 .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.” ** Presents restated first and second quarter values for the adoption of FASB ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting. Net income attributable to Deere & Company was $194 million and $802 million, respectively. Adjustments to basic and diluted per share data were not significant.

SUPPLEMENTAL CONSOLIDATING DA64

SUPPLEMENTAL CONSOLIDATING DATA (Tables)	12 Months Ended
	Oct. 29, 2017
SUPPLEMENTAL CONSOLIDATING DATA
Supplemental Consolidating Data Income Statement	INCOME STATEMENT For the Years Ended October 29, 2017, October 30, 2016, and November 1, 2015 (In millions of dollars) EQUIPMENT OPERATIONS* FINANCIAL SERVICES 2017 2016 2015 2017 2016 2015 Net Sales and Revenues Net sales $ 25,885.1 $ 23,387.3 $ 25,775.2 Finance and interest income 71.7 61.1 77.0 $ 2,928.2 $ 2,690.1 $ 2,557.0 Other income 1,065.0 653.7 602.7 250.9 229.0 258.9 Total 27,021.8 24,102.1 26,454.9 3,179.1 2,919.1 2,815.9 Costs and Expenses Cost of sales 19,935.2 18,250.8 20,145.2 Research and development expenses 1,367.7 1,389.1 1,425.1 Selling, administrative and general expenses 2,530.7 2,262.5 2,393.8 542.3 508.5 487.3 Interest expense 263.7 250.5 272.8 669.2 536.5 455.0 Interest compensation to Financial Services 234.5 216.6 204.8 Other operating expenses 257.0 215.7 195.0 1,246.8 1,167.0 911.7 Total 24,588.8 22,585.2 24,636.7 2,458.3 2,212.0 1,854.0 Income of Consolidated Group before Income Taxes 2,433.0 1,516.9 1,818.2 720.8 707.1 961.9 Provision for income taxes 726.0 459.0 509.9 245.1 241.1 330.2 Income of Consolidated Group 1,707.0 1,057.9 1,308.3 475.7 466.0 631.7 Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates Financial Services 476.9 467.6 632.9 1.2 1.6 1.2 Other (4.0) (.3) Total 452.2 463.6 632.6 1.2 1.6 1.2 Net Income 2,159.2 1,521.5 1,940.9 476.9 467.6 632.9 Less: Net income (loss) attributable to noncontrolling interests .1 (2.4) .9 Net Income Attributable to Deere & Company $ 2,159.1 $ 1,523.9 $ 1,940.0 $ 476.9 $ 467.6 $ 632.9 * 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 29, 2017 and October 30, 2016 (In millions of dollars except per share amounts) EQUIPMENT OPERATIONS* FINANCIAL SERVICES 2017 2016 2017 2016 ASSETS Cash and cash equivalents $ 8,168.4 $ 3,140.5 $ 1,166.5 $ 1,195.3 Marketable securities 20.2 34.2 431.4 419.3 Receivables from unconsolidated subsidiaries and affiliates 1,032.1 3,150.1 Trade accounts and notes receivable - net 876.3 654.2 4,134.1 3,370.5 Financing receivables - net .4 25,104.1 23,701.9 Financing receivables securitized - net 4,158.8 5,126.5 Other receivables 1,045.6 855.4 195.5 164.0 Equipment on operating leases - net 6,593.7 5,901.5 Inventories 3,904.1 3,340.5 Property and equipment - net 5,017.3 5,118.5 50.4 52.1 Investments in unconsolidated subsidiaries and affiliates 4,812.3 4,697.0 13.8 11.9 Goodwill 1,033.3 815.7 Other intangible assets - net 218.0 104.1 Retirement benefits 538.1 93.6 16.9 20.5 Deferred income taxes 3,098.8 3,556.0 79.8 75.5 Other assets 973.9 834.9 651.4 798.1 Total Assets $ 30,738.4 $ 26,395.1 $ 42,596.4 $ 40,837.1 LIABILITIES AND STOCKHOLDERS’ EQUITY LIABILITIES Short-term borrowings $ 375.5 $ 249.0 $ 9,659.8 $ 6,661.7 Short-term securitization borrowings 4,118.7 4,997.8 Payables to unconsolidated subsidiaries and affiliates 121.9 81.5 996.2 3,133.6 Accounts payable and accrued expenses 7,718.1 6,661.2 1,827.1 1,595.2 Deferred income taxes 115.6 87.3 857.7 745.9 Long-term borrowings 5,490.9 4,565.3 20,400.4 19,137.7 Retirement benefits and other liabilities 7,341.9 8,206.0 92.9 89.0 Total liabilities 21,163.9 19,850.3 37,952.8 36,360.9 Commitments and contingencies (Note 22) Redeemable noncontrolling interest (Note 4) 14.0 14.0 STOCKHOLDERS’ EQUITY Common stock, $1 par value (authorized – 1,200,000,000 shares; 4,280.5 3,911.8 2,099.1 2,079.1 Common stock in treasury, 214,589,902 shares in 2017 (15,460.8) (15,677.1) Retained earnings 25,301.3 23,911.3 2,782.0 2,670.3 Accumulated other comprehensive income (loss) (4,563.7) (5,626.0) (237.5) (273.2) Total Deere & Company stockholders’ equity 9,557.3 6,520.0 4,643.6 4,476.2 Noncontrolling interests 3.2 10.8 Total stockholders’ equity 9,560.5 6,530.8 4,643.6 4,476.2 Total Liabilities and Stockholders’ Equity $ 30,738.4 $ 26,395.1 $ 42,596.4 $ 40,837.1 * 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 29, 2017, October 30, 2016, and November 1, 2015 (In millions of dollars) EQUIPMENT OPERATIONS* FINANCIAL SERVICES 2017 2016 2015 2017 2016 2015 Cash Flows from Operating Activities Net income $ 2,159.2 $ 1,521.5 $ 1,940.9 $ 476.9 $ 467.6 $ 632.9 Adjustments to reconcile net income to net cash provided by operating activities: Provision for credit losses 9.9 8.2 5.5 88.4 86.1 49.9 Provision for depreciation and amortization 839.3 803.4 791.8 984.3 846.7 688.5 Impairment charges 39.8 25.4 15.3 59.7 19.5 Gain on sale of unconsolidated affiliates and investments (74.5) Undistributed earnings of unconsolidated subsidiaries and affiliates 94.0 46.6 (1.5) (1.0) Provision (credit) for deferred income taxes 13.2 (139.8) 106.8 269.5 121.4 Changes in assets and liabilities: Trade receivables (175.3) 113.4 Insurance receivables 333.4 Inventories 578.4 (17.0) Accounts payable and accrued expenses 946.2 (169.6) (253.8) 93.9 40.6 (245.4) Accrued income taxes payable/receivable 18.2 (114.5) 38.5 (11.2) (4.6) Retirement benefits 232.4 414.3 7.3 6.2 13.2 Other 36.5 271.1 81.5 97.1 (25.7) Net cash provided by operating activities 2,438.0 2,911.8 3,073.8 1,876.5 1,860.8 1,582.1 Cash Flows from Investing Activities Collections of receivables (excluding trade and wholesale) 15,963.2 15,831.4 16,266.1 Proceeds from maturities and sales of marketable securities 297.9 81.9 700.1 106.3 87.5 160.6 Proceeds from sales of equipment on operating leases 1,440.8 1,256.2 1,049.4 Proceeds from sales of businesses and unconsolidated 113.9 81.1 149.2 Cost of receivables acquired (excluding trade and wholesale) (15,168.2) (16,327.8) Purchases of marketable securities (59.4) (60.0) (111.8) (94.9) Purchases of property and equipment (641.8) (688.1) (2.6) (5.9) Cost of equipment on operating leases acquired (3,235.7) (3,043.6) Increase in investment in Financial Services (28.2) (27.4) Acquisitions of businesses, net of cash acquired (198.5) Decrease (increase) in trade and wholesale receivables 492.5 657.0 Other (55.2) 6.8 24.6 (45.1) Net cash used for investing activities (516.5) (820.1) (68.6) (2,897.3) (826.1) (1,235.0) Cash Flows from Financing Activities Increase (decrease) in total short-term borrowings 64.5 (207.2) 211.9 1,246.1 (1,006.4) 289.7 Change in intercompany receivables/payables 2,142.0 (756.0) 928.6 756.0 (928.6) Proceeds from long-term borrowings 1,107.0 173.4 6.2 7,595.2 4,897.3 5,704.8 Payments of long-term borrowings (72.8) (214.2) (5,194.8) (4,649.0) Proceeds from issuance of common stock 528.7 36.0 172.1 Repurchases of common stock (205.4) (2,770.7) Capital investment from Equipment Operations 20.0 28.2 27.4 Dividends paid (761.3) (816.3) (562.1) (679.6) Other (36.7) (45.4) (28.0) (26.7) Net cash provided by (used for) financing activities 2,951.3 (1,830.0) (2,527.8) 990.0 (1,109.8) (262.0) Effect of Exchange Rate Changes on Cash and Cash Equivalents 155.1 (21.2) (146.6) 2.0 8.2 (40.7) Net Increase (Decrease) in Cash and Cash Equivalents 5,027.9 240.5 330.8 (28.8) (66.9) 44.4 Cash and Cash Equivalents at Beginning of Year 3,140.5 2,900.0 2,569.2 1,195.3 1,262.2 1,217.8 Cash and Cash Equivalents at End of Year $ 8,168.4 $ 3,140.5 $ 2,900.0 $ 1,166.5 $ 1,195.3 $ 1,262.2 * 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.

ORGANIZATION AND CONSOLIDATION

ORGANIZATION AND CONSOLIDATION (Details)	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
ORGANIZATION AND CONSOLIDATION
Fiscal year duration	364 days	364 days	364 days

SUMMARY OF SIGNIFICANT ACCOUN66

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Advertising costs	$ 169	$ 169	$ 157
Foreign exchange pretax net gains (losses)	$ (62)	$ (38)	$ 22

NEW ACCOUNTING STANDARDS (Detai

NEW ACCOUNTING STANDARDS (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Oct. 29, 2017	Jul. 30, 2017	Apr. 30, 2017	Jan. 29, 2017	Oct. 30, 2016	Jul. 31, 2016	May 01, 2016	Jan. 31, 2016	Oct. 28, 2018	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
New accounting standards adopted
Debt issuance costs					$ 63						$ 63
Net income attributable to Deere & Company	$ 510	$ 642	$ 808	$ 199	$ 285	$ 489	$ 496	$ 254		$ 2,159.1	1,523.9	$ 1,940
Operating profit (loss)										3,543	2,589	3,140
Cash flow provided by operating activities										2,199.8	3,769.7	3,758.8
ASU 2016-09 | Early Adoption
New accounting standards adopted
Net income attributable to Deere & Company										30
Cash flow provided by operating activities										30	$ 5	$ 19
ASU 2017-07 | If adopted
New accounting standards adopted
Operating profit (loss)										$ 31
ASU 2017-07 | Forecasted Adjustment
New accounting standards adopted
Operating profit (loss)									$ 25

ACQUISITIONS AND DISPOSITIONS -

ACQUISITIONS AND DISPOSITIONS - Acquisitions (Details) $ in Millions	1 Months Ended			12 Months Ended
	Sep. 24, 2017USD ($)	Mar. 27, 2016USD ($)	Feb. 28, 2016USD ($)location	Oct. 29, 2017USD ($)	Oct. 30, 2016USD ($)	Nov. 01, 2015USD ($)
Acquisitions
Acquisitions of businesses, net of cash acquired				$ 284.2	$ 198.5
The Preliminary Fair Values Assigned to the Assets and Liabilities Related to the Acquired Entity
Goodwill				1,033.3	815.7	$ 726
Redeemable noncontrolling interest				$ 14	$ 14
Blue River Technology
Acquisitions
Acquisitions of businesses, net of cash acquired	$ 284
Cash acquired	4
Payments to fund escrow for post-acquisition expenses	21
The Preliminary Fair Values Assigned to the Assets and Liabilities Related to the Acquired Entity
Trade accounts and notes receivable - net	1
Property and equipment - net	2
Goodwill	193
Other intangible assets - net	125
Accounts payable and accrued expenses	1
Deferred tax liabilities	$ 36
Hagie Manufacturing Company, LLC
Acquisitions
Percentage of business interest acquired		80.00%
Acquisitions of businesses, net of cash acquired		$ 53
Cash acquired		3
The Preliminary Fair Values Assigned to the Assets and Liabilities Related to the Acquired Entity
Trade accounts and notes receivable - net		2
Inventories		33
Property and equipment - net		17
Goodwill		33
Other intangible assets - net		22
Other assets		3
Accounts payable and accrued expenses		43
Redeemable noncontrolling interest		$ 14
Weighted average amortization period (in years)		8 years
Monosem
Acquisitions
Acquisitions of businesses, net of cash acquired			$ 146
Cash acquired			20
The Preliminary Fair Values Assigned to the Assets and Liabilities Related to the Acquired Entity
Trade accounts and notes receivable - net			5
Other receivables			2
Inventories			29
Property and equipment - net			24
Goodwill			62
Other intangible assets - net			42
Other assets			23
Accounts payable and accrued expenses			22
Deferred tax liabilities			$ 19
Weighted average amortization period (in years)			9 years
Monosem | FRANCE
Acquisitions
Facilities | location			4
Monosem | U.S.
Acquisitions
Facilities | location			2

ACQUISITIONS AND DISPOSITIONS69

ACQUISITIONS AND DISPOSITIONS - Dispositions (Details) - Crop Insurance Operations - Disposal Group $ in Millions	1 Months Ended
	Mar. 29, 2015USD ($)
Dispositions
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

SPECIAL ITEMS - Impairments (De

SPECIAL ITEMS - Impairments (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Oct. 30, 2016
Construction and Forestry
Asset Impairment
Non-cash charge in equity in loss of unconsolidated affiliates for an other than temporary decline in value, pretax	$ 40	$ 12
Non-cash charge in equity in loss of unconsolidated affiliates for an other than temporary decline in value, income tax benefit	$ 14
Non-cash charge in equity in loss of unconsolidated affiliates for an other than temporary decline in value, after-tax		12
Construction and Forestry | Cost of Sales
Asset Impairment
Non-cash charge for impairment of long-lived assets, pretax		13
Non-cash charge for impairment of long-lived assets, after-tax		$ 13
Financial Services | Other Operating Expense
Asset Impairment
Non-cash charge for impairment of equipment on operating leases, pretax			$ 31
Non-cash charge for impairment of other assets, pretax			$ 29

SPECIAL ITEMS - Voluntary Emplo

SPECIAL ITEMS - Voluntary Employee-Separation Programs (Details) - Voluntary Employee-Separation Programs - USD ($) $ in Millions	3 Months Ended	12 Months Ended	15 Months Ended
	Oct. 30, 2016	Oct. 29, 2017	Oct. 29, 2017
Voluntary Employee-Separation Programs
Total voluntary employee-separation programs' expenses, pretax	$ 11	$ 102	$ 113
Voluntary employee-separation programs savings		$ 70
Agriculture and Turf
Voluntary Employee-Separation Programs
Voluntary employee-separation programs' expenses allocation (as a percent)		75.00%
Construction and Forestry
Voluntary Employee-Separation Programs
Voluntary employee-separation programs' expenses allocation (as a percent)		17.00%
Financial Services
Voluntary Employee-Separation Programs
Voluntary employee-separation programs' expenses allocation (as a percent)		8.00%
Cost of Sales
Voluntary Employee-Separation Programs
Voluntary employee-separation programs' expenses allocation (as a percent)		30.00%
Research and Development
Voluntary Employee-Separation Programs
Voluntary employee-separation programs' expenses allocation (as a percent)		16.00%
Selling, Administrative and General Expenses
Voluntary Employee-Separation Programs
Voluntary employee-separation programs' expenses allocation (as a percent)		54.00%

SPECIAL ITEMS - Sale of Investm

SPECIAL ITEMS - Sale of Investment in Unconsolidated Affiliate (Details) - USD ($) $ in Millions	1 Months Ended				12 Months Ended
	Jul. 30, 2017	Apr. 30, 2017	Dec. 25, 2016	May 29, 2016	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Equity Method Investments
Dividends from unconsolidated affiliates					$ 4	$ 64	$ 1
Partial Sale of SiteOne - Equity Method
Gain on sale of partial interest, pretax						$ 75
Partial Sale of SiteOne - Available-for-Sale
Gain on sale of partial remaining interest, pretax					$ 275
SiteOne Landscapes Supply, LLC
Equity Method Investments
Dividends from unconsolidated affiliates				$ 60
Return on investment distribution (cash flow - operating activities)				4
Return of investment distribution (cash flow - investing activities)				$ 56
Partial Sale of SiteOne - Equity Method
Sale of interest in SiteOne (as a percent)			38.00%	30.00%
Proceeds from sale of partial interest in SiteOne			$ 114	$ 81
Gain on sale of partial interest, pretax			105	75
Gain on sale of partial interest, after-tax			$ 66	$ 47
Ownership interest in SiteOne (as a percent)			15.00%	24.00%
Partial Sale of SiteOne - Available-for-Sale
Sale of interest in SiteOne (as a percent)		68.00%
Proceeds from sale of interest in SiteOne	$ 98	$ 184
Gain on sale of partial remaining interest, pretax	94	176
Gain on sale of partial remaining interest, after-tax	$ 59	$ 111
Remaining ownership interest in SiteOne (as a percent)		5.00%

CASH FLOW INFORMATION (Details)

CASH FLOW INFORMATION (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Cash Flow Information
Transfer of inventory to equipment on operating leases	$ 801	$ 685	$ 674
Accounts payable related to purchases of property and equipment	108	114	89
Interest:
Interest	903	726	661
Income taxes:
Income taxes	981	392	901
Intercompany Eliminations
Interest:
Interest	(268)	(240)	(253)
Income taxes:
Income taxes	(9)	104	(117)
Equipment Operations
Interest:
Interest	506	442	471
Income taxes:
Income taxes	898	314	828
Financial Services
Interest:
Interest	665	524	443
Income taxes:
Income taxes	$ 92	$ (26)	$ 190

PENSION AND OTHER POSTRETIREM74

PENSION AND OTHER POSTRETIREMENT BENEFITS - Components of Benefit Costs (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Change in Accounting Method Accounted for as Change in Estimate
Net Periodic Cost
Decrease in service and interest costs compared to previous method		$ 175
Pensions
Net Periodic Cost
Service cost	$ 274	254	$ 282
Interest cost	361	391	474
Expected return on plan assets	(790)	(775)	(769)
Amortization of actuarial (gain) loss	247	211	223
Amortization of prior service (credit) cost	12	16	25
Other postemployment benefits		2	1
Settlements/curtailments	2	11	11
Net cost	$ 106	$ 110	$ 247
Weighted-Average Assumptions
Discount rates - service cost (as a percent)	3.50%	4.30%	4.00%
Discount rates - interest cost (as a percent)	3.00%	3.40%	4.00%
Rate of compensation increase (as a percent)	3.80%	3.80%	3.80%
Expected long-term rates of return (as a percent)	7.30%	7.30%	7.30%
Health Care and Life Insurance
Net Periodic Cost
Service cost	$ 42	$ 38	$ 46
Interest cost	194	204	259
Expected return on plan assets	(17)	(35)	(55)
Amortization of actuarial (gain) loss	99	73	91
Amortization of prior service (credit) cost	(77)	(78)	(77)
Settlements/curtailments			1
Net cost	$ 241	$ 202	$ 265
Weighted-Average Assumptions
Discount rates - service cost (as a percent)	4.70%	5.00%	4.20%
Discount rates - interest cost (as a percent)	3.20%	3.50%	4.20%
Expected long-term rates of return (as a percent)	6.30%	6.60%	7.00%

PENSION AND OTHER POSTRETIREM75

PENSION AND OTHER POSTRETIREMENT BENEFITS - Plan Benefit Costs Recognized in Comprehensive Income (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Pensions
Benefit Plan Costs Recognized in Other Comprehensive Income
Net cost	$ 106	$ 110	$ 247
Retirement Benefits Adjustments Included in Other Comprehensive (Income) Loss:
Net actuarial (gain) loss	(702)	1,140	361
Prior service (credit) cost		1	66
Amortization of actuarial (loss) gain	(247)	(211)	(223)
Amortization of prior service (cost) credit	(12)	(16)	(25)
Settlements/curtailments	(2)	(14)	(11)
Total (gain) loss recognized in other comprehensive (income) loss	(963)	900	168
Total recognized in comprehensive (income) loss	(857)	1,010	415
Health Care and Life Insurance
Benefit Plan Costs Recognized in Other Comprehensive Income
Net cost	241	202	265
Retirement Benefits Adjustments Included in Other Comprehensive (Income) Loss:
Net actuarial (gain) loss	(309)	496	(141)
Prior service (credit) cost		(3)	(3)
Amortization of actuarial (loss) gain	(99)	(73)	(91)
Amortization of prior service (cost) credit	77	78	77
Settlements/curtailments			(2)
Total (gain) loss recognized in other comprehensive (income) loss	(331)	498	(160)
Total recognized in comprehensive (income) loss	$ (90)	$ 700	$ 105

PENSION AND OTHER POSTRETIREM76

PENSION AND OTHER POSTRETIREMENT BENEFITS - Plan Obligations and Assumptions and Funded Status (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Pensions
Change in benefit obligations
Beginning of year balance	$ (13,086)	$ (12,186)
Service cost	(274)	(254)	$ (282)
Interest cost	(361)	(391)	(474)
Actuarial gain (loss)	(35)	(1,001)
Amendments		(1)
Benefits paid	704	702
Other postemployment benefits		(2)
Settlements/curtailments	2	6
Foreign exchange and other	(116)	41
End of year balance	(13,166)	(13,086)	(12,186)
Change in plan assets (fair value)
Beginning of year balance	11,137	11,164
Actual return on plan assets	1,517	628
Employer contribution	62	80
Benefits paid	(704)	(702)
Settlements	(2)	(3)
Foreign exchange and other	83	(30)
End of year balance	12,093	11,137	11,164
Funded (unfunded) status	$ (1,073)	$ (1,949)
Weighted-average assumptions
Discount rates (as a percent)	3.60%	3.60%
Rate of compensation increase (as a percent)	3.80%	3.80%
Health Care and Life Insurance
Change in benefit obligations
Beginning of year balance	$ (6,500)	$ (6,084)
Service cost	(42)	(38)	(46)
Interest cost	(194)	(204)	(259)
Actuarial gain (loss)	280	(478)
Amendments		3
Benefits paid	312	321
Health care subsidies	(9)	(16)
Foreign exchange and other	(9)	(4)
End of year balance	(6,162)	(6,500)	(6,084)
Change in plan assets (fair value)
Beginning of year balance	435	689
Actual return on plan assets	46	17
Employer contribution	366	47
Benefits paid	(312)	(321)
Foreign exchange and other	4	3
End of year balance	539	435	$ 689
Funded (unfunded) status	$ (5,623)	$ (6,065)
Weighted-average assumptions
Discount rates (as a percent)	3.70%	3.80%

PENSION AND OTHER POSTRETIREM77

PENSION AND OTHER POSTRETIREMENT BENEFITS - Other (Details) - USD ($) $ in Millions	Oct. 29, 2017	Oct. 30, 2016
Amounts recognized in balance sheet
Noncurrent asset	$ 538.2	$ 93.6
Pensions
Amounts recognized in balance sheet
Noncurrent asset	538	94
Current liability	(40)	(33)
Noncurrent liability	(1,571)	(2,010)
Funded (unfunded) status	(1,073)	(1,949)
Amounts recognized in accumulated other comprehensive income - pretax
Net actuarial loss	4,358	5,309
Prior service cost (credit)	55	67
Total	4,413	5,376
Accumulated Benefit Obligations - Additional Disclosures
Accumulated benefit obligation for pension plans	12,416	12,410
Accumulated Benefit Obligations in Excess of Plan Assets
Defined benefit plan, pension plans with accumulated benefit obligations in excess of plan assets, accumulated benefit obligations	8,234	8,402
Defined benefit plan, pension plans with accumulated benefit obligations in excess of plan assets, aggregate fair value of plan assets	7,345	7,016
Projected Benefit Obligations in Excess of Plan Assets
Defined benefit plan, pension plans with projected benefit obligations in excess of plan assets, projected benefit obligations	9,059	9,157
Defined benefit plan, plans with projected benefit obligations in excess of plan assets, fair value of plan assets	7,448	7,114
Amounts in accumulated other comprehensive income that are expected to be amortized as net expense (income) and reported outside of income from operations during fiscal 2018
Net actuarial loss	225
Prior service cost (credit)	12
Total	237
Expected future employer contributions towards defined benefit plans, which are primarily direct benefit payments for unfunded plans	63
Benefits expected to be paid from the benefit plans, which reflect expected future years of service
Defined benefit plan, expected future benefit payments, next twelve months	721
Defined benefit plan, expected future benefit payments, year two	726
Defined benefit plan, expected future benefit payments, year three	713
Defined benefit plan, expected future benefit payments, year four	701
Defined benefit plan, expected future benefit payments, year five	693
Defined benefit plan, expected future benefit payments, five fiscal years thereafter	3,458
Health Care and Life Insurance
Amounts recognized in balance sheet
Current liability	(63)	(32)
Noncurrent liability	(5,560)	(6,033)
Funded (unfunded) status	(5,623)	(6,065)
Amounts recognized in accumulated other comprehensive income - pretax
Net actuarial loss	1,457	1,865
Prior service cost (credit)	(182)	(259)
Total	1,275	$ 1,606
Amounts in accumulated other comprehensive income that are expected to be amortized as net expense (income) and reported outside of income from operations during fiscal 2018
Net actuarial loss	67
Prior service cost (credit)	(77)
Total	(10)
Expected future employer contributions towards defined benefit plans, which are primarily direct benefit payments for unfunded plans	74
Benefits expected to be paid from the benefit plans, which reflect expected future years of service
Defined benefit plan, expected future benefit payments, next twelve months	334
Defined benefit plan, expected future benefit payments, year two	337
Defined benefit plan, expected future benefit payments, year three	342
Defined benefit plan, expected future benefit payments, year four	346
Defined benefit plan, expected future benefit payments, year five	352
Defined benefit plan, expected future benefit payments, five fiscal years thereafter	$ 1,758

PENSION AND OTHER POSTRETIREM78

PENSION AND OTHER POSTRETIREMENT BENEFITS - Assumptions (Details) - Health Care and Life Insurance - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016
Health care costs trend rates
Weighted-average health care cost trend rate, next fiscal year (as a percent)	8.90%	8.30%
Ultimate weighted-average health care cost trend rate (as a percent)	4.80%	4.80%
Year that weighted-average health care cost trend rate reaches ultimate rate (year)	2,025	2,025
Defined Benefit Plan, Effect of One-Percentage Point Change in Assumed Health Care Cost Trend Rate
Defined benefit plan, effect of one percentage point increase on accumulated postretirement benefit obligation	$ 791
Defined benefit plan, effect of one percentage point increase on service and interest cost components	36
Defined benefit plan, effect of one percentage point decrease on accumulated postretirement benefit obligation	615
Defined benefit plan, effect of one percentage point decrease on service and interest cost components	$ 27

PENSION AND OTHER POSTRETIREM79

PENSION AND OTHER POSTRETIREMENT BENEFITS - Fair Value of Plan Assets (Details) - USD ($) $ in Millions	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Pensions
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	$ 12,093	$ 11,137	$ 11,164
Pensions | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	5,658	7,020
Pensions | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	3,734	5,007
Pensions | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1,924	2,013
Pensions | Cash and Short-term Investments | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	618	684
Pensions | Cash and Short-term Investments | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	349	322
Pensions | Cash and Short-term Investments | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	269	362
Pensions | U.S. Equity Securities | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1,871
Pensions | U.S. Equity Securities | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1,850
Pensions | U.S. Equity Securities | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	21
Pensions | U.S. Equity Securities and Funds | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		3,000
Pensions | U.S. Equity Securities and Funds | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		2,965
Pensions | U.S. Equity Securities and Funds | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		35
Pensions | International Equity Securities | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1,551
Pensions | International Equity Securities | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1,541
Pensions | International Equity Securities | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	10
Pensions | International Equity Securities and Funds | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		1,711
Pensions | International Equity Securities and Funds | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		1,697
Pensions | International Equity Securities and Funds | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		14
Pensions | Government and Agency Securities | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	483	440
Pensions | Government and Agency Securities | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	241	224
Pensions | Government and Agency Securities | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	242	216
Pensions | Corporate Debt Securities | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1,285	1,205
Pensions | Corporate Debt Securities | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1,285	1,205
Pensions | Mortgage-backed Securities | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	42	39
Pensions | Mortgage-backed Securities | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	42	39
Pensions | Fixed Income Funds | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		20
Pensions | Fixed Income Funds | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		20
Pensions | Real Estate | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	103	121
Pensions | Real Estate | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	101	118
Pensions | Real Estate | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	2	3
Pensions | Derivative Contracts - Assets | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	159	191
Pensions | Derivative Contracts - Assets | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	28	3
Pensions | Derivative Contracts - Assets | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	131	188
Pensions | Derivative Contracts - Assets | Interest Rate Contracts | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	79	125
Pensions | Derivative Contracts - Assets | Foreign Exchange Contracts | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	49	59
Pensions | Derivative Contracts - Assets | Equity Contracts | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	27	4
Pensions | Derivative Contracts - Assets | Other Contracts | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	4	3
Pensions | Derivative Contracts - Liabilities | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(76)	(59)
Pensions | Derivative Contracts - Liabilities | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(2)	(14)
Pensions | Derivative Contracts - Liabilities | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(74)	(45)
Pensions | Derivative Contracts - Liabilities | Interest Rate Contracts | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(48)	(19)
Pensions | Derivative Contracts - Liabilities | Foreign Exchange Contracts | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(26)	(33)
Pensions | Derivative Contracts - Liabilities | Equity Contracts | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		(6)
Pensions | Derivative Contracts - Liabilities | Other Contracts | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(2)	(1)
Pensions | Receivables, Payables, and Other | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1	6
Pensions | Receivables, Payables, and Other | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1	5
Pensions | Receivables, Payables, and Other | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		1
Pensions | Securities Lending Collateral | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	420	693
Pensions | Securities Lending Collateral | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		108
Pensions | Securities Lending Collateral | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	420	585
Pensions | Securities Lending Liability | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(420)	(693)
Pensions | Securities Lending Liability | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		(108)
Pensions | Securities Lending Liability | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(420)	(585)
Pensions | Securities Sold Short | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(379)	(338)
Pensions | Securities Sold Short | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(375)	(333)
Pensions | Securities Sold Short | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(4)	(5)
Pensions | Investments at Net Asset Value - Short-Term Investments
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	203	216
Pensions | Investments at Net Asset Value - U.S. Equity Funds
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1,704	30
Pensions | Investments at Net Asset Value - International Equity Funds
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	921	595
Pensions | Investments at Net Asset Value - Corporate Debt Funds
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	28	25
Pensions | Investments at Net Asset Value - Fixed Income Funds
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	772	482
Pensions | Investments at Net Asset Value - Real Estate
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	567	515
Pensions | Investments at Net Asset Value - Hedge Funds
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	651	624
Pensions | Investments at Net Asset Value - Private Equity/Venture Capital
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1,560	1,603
Pensions | Investments at Net Asset Value - Other Investments
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	29	27
Health Care and Life Insurance
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	539	435	$ 689
Health Care and Life Insurance | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	152	279
Health Care and Life Insurance | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	115	227
Health Care and Life Insurance | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	37	52
Health Care and Life Insurance | Cash and Short-term Investments | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	30	32
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	28	27
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	2	5
Health Care and Life Insurance | U.S. Equity Securities and Funds | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	42	138
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	42	138
Health Care and Life Insurance | International Equity Securities | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	9
Health Care and Life Insurance | International Equity Securities | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	9
Health Care and Life Insurance | International Equity Securities and Funds | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		25
Health Care and Life Insurance | International Equity Securities and Funds | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		25
Health Care and Life Insurance | Government and Agency Securities | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	40	43
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	37	40
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	3	3
Health Care and Life Insurance | Corporate Debt Securities | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	21	30
Health Care and Life Insurance | Corporate Debt Securities | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	21	30
Health Care and Life Insurance | Mortgage-backed Securities | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	10	11
Health Care and Life Insurance | Mortgage-backed Securities | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	10	11
Health Care and Life Insurance | Real Estate | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1	2
Health Care and Life Insurance | Real Estate | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1	2
Health Care and Life Insurance | Derivative Contracts - Assets | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		3
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
Health Care and Life Insurance | Derivative Contracts - Assets | Interest Rate Contracts | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1	2
Health Care and Life Insurance | Derivative Contracts - Assets | Interest Rate Contracts | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	1
Health Care and Life Insurance | Derivative Contracts - Assets | Foreign Exchange Contracts | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		1
Health Care and Life Insurance | Securities Lending Collateral | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	25	48
Health Care and Life Insurance | Securities Lending Collateral | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		11
Health Care and Life Insurance | Securities Lending Collateral | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	25	37
Health Care and Life Insurance | Securities Lending Liability | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(25)	(48)
Health Care and Life Insurance | Securities Lending Liability | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets		(11)
Health Care and Life Insurance | Securities Lending Liability | Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(25)	(37)
Health Care and Life Insurance | Securities Sold Short | Level 1 and Level 2
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(2)	(5)
Health Care and Life Insurance | Securities Sold Short | Level 1
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	(2)	(5)
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	1	3
Health Care and Life Insurance | Investments at Net Asset Value - U.S. Equity Funds
Fair Values of Pension Plan and Health Care Assets by Category
Total net assets	164
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	117	60
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	87	20
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	4	7
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	4	44
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	$ 10	$ 22

PENSION AND OTHER POSTRETIREM80

PENSION AND OTHER POSTRETIREMENT BENEFITS - Plan Asset Information (Details)	12 Months Ended
	Oct. 29, 2017
Pensions
Expected return on plan assets
Market related value period	5 years
Pensions | U.S.
Actual pension asset returns
Time period for fundamental changes in capital markets affecting return expectations, low end of range	10 years
Time period for fundamental changes in capital markets affecting return expectations, high end of range	20 years
Average annual return over past 10 years (as a percent)	7.20%
Average annual return over past 20 years (as a percent)	8.30%
Pensions | Real Estate
Target asset allocations, pension and health care plan assets
Target allocation percentage for plan assets	5.00%
Pensions | Equity Securities
Target asset allocations, pension and health care plan assets
Target allocation percentage for plan assets	49.00%
Pensions | Debt Securities
Target asset allocations, pension and health care plan assets
Target allocation percentage for plan assets	27.00%
Pensions | Other Investments
Target asset allocations, pension and health care plan assets
Target allocation percentage for plan assets	19.00%
Health Care and Life Insurance | Real Estate
Target asset allocations, pension and health care plan assets
Target allocation percentage for plan assets	1.00%
Health Care and Life Insurance | Equity Securities
Target asset allocations, pension and health care plan assets
Target allocation percentage for plan assets	59.00%
Health Care and Life Insurance | Debt Securities
Target asset allocations, pension and health care plan assets
Target allocation percentage for plan assets	29.00%
Health Care and Life Insurance | Other Investments
Target asset allocations, pension and health care plan assets
Target allocation percentage for plan assets	11.00%

PENSION AND OTHER POSTRETIREM81

PENSION AND OTHER POSTRETIREMENT BENEFITS - Defined Contributions (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
PENSION AND OTHER POSTRETIREMENT BENEFITS
Defined contribution plans employer contributions and costs (primarily in the U.S.)	$ 188	$ 193	$ 185

INCOME TAXES - Provision for In

INCOME TAXES - Provision for Income Taxes and Income Before Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Current:
U.S. - Federal	$ 360	$ 51	$ 377
U.S. - State	48	26	32
Foreign	463	340	449
Total current	871	417	858
Deferred:
U.S. - Federal	59	297	21
U.S. - State	7	11	4
Foreign	34	(25)	(43)
Total deferred	100.1	282.7	(18.4)
Provision for income taxes	971.1	700.1	840.1
Consolidated income before income taxes, U.S.	1,607	967	1,838
Consolidated income before income taxes, foreign	$ 1,547	$ 1,257	$ 942

INCOME TAXES - Statutory and Ef

INCOME TAXES - Statutory and Effective (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
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	$ 1,104	$ 778	$ 973
Increase (decrease) resulting from:
State and local income taxes, net of federal income tax benefit	35	26	23
Differences in taxability of foreign (earnings) losses	(83)	(107)	(449)
Nondeductible impairment charges		4
Research and business tax credits	(63)	(57)	(76)
Tax rates on foreign activities	(86)	(27)	(36)
Valuation allowance on deferred taxes	89	79	384
Other - net	(25)	4	21
Provision for income taxes	971.1	$ 700.1	$ 840.1
Accumulated earnings of certain foreign subsidiaries for which no provision for U.S. income or foreign withholding taxes has been made	5,961
Determination of the amount of unrecognized deferred tax liability on unremitted earnings	0
Cash and cash equivalents and marketable securities held by foreign subsidiaries, in which earnings are considered indefinitely reinvested	$ 3,386

INCOME TAXES - Deferred Tax Ass

INCOME TAXES - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Oct. 29, 2017	Oct. 30, 2016
Deferred Tax Assets
Other postretirement benefit liabilities	$ 2,011	$ 2,191
Tax loss and tax credit carryforwards	677	661
Accrual for sales allowances	680	592
Pension liabilities - net	420	706
Foreign unrealized losses	7	472
Accrual for employee benefits	141	133
Share-based compensation	116	152
Allowance for credit losses	107	88
Deferred compensation	59	50
Other items, assets	432	471
Less valuation allowances	(620)	(1,029)
Deferred income tax, assets	4,030	4,487
Deferred Tax Liabilities
Lease transactions	933	817
Tax over book depreciation	569	578
Goodwill and other intangible assets	130	89
Undistributed foreign earnings	21	30
Other items, liabilities	172	175
Deferred income tax, liabilities	1,825	$ 1,689
Additional Deferred Income Tax Information
Tax loss and tax credit carryforwards, expiring from 2018 through 2037	209
Tax loss and tax credit carryforwards with an indefinite carryforward period	$ 468

INCOME TAXES - Uncertain Tax Po

INCOME TAXES - Uncertain Tax Positions (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Reconciliation of the Total Amounts of Unrecognized Tax Benefits
Beginning of year balance	$ 198	$ 229	$ 213
Increases to tax positions taken during the current year	35	14	32
Increases to tax positions taken during prior years	13	11	29
Decreases to tax positions taken during prior years	(17)	(36)	(15)
Decreases due to lapse of statute of limitations	(11)	(7)	(11)
Settlements	(1)	(5)	(6)
Foreign exchange	4	(8)	(13)
End of year balance	221	198	229
Unrecognized tax benefits affecting effective tax rate if recognized	86	81
Total amount of expense from interest and penalties	6	0	23
Interest income on income tax examination	6	0	$ 3
Accrued interest and penalties on income tax	66	68
Interest income receivable on income tax examination	$ 0	$ 0

OTHER INCOME AND OTHER OPERAT86

OTHER INCOME AND OTHER OPERATING EXPENSES (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Other Income
Revenues from services	$ 288	$ 270	$ 280
Insurance premiums and fees earned	211	195	173
SiteOne investment gains		75
SiteOne investment gains	375
Investment income	17	16	26
Other	230	190	228
Total	1,121.1	745.5	706.5
Other Operating Expenses
Depreciation of equipment on operating leases	853	742	577
Insurance claims and expenses	187	188	183
Cost of services	168	162	160
Other	109	163	41
Total	$ 1,316.6	$ 1,254.6	$ 961.1

UNCONSOLIDATED AFFILIATED COM87

UNCONSOLIDATED AFFILIATED COMPANIES (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Operations
Sales	$ 2,638	$ 3,206	$ 3,290
Net income (loss)	7	30	23
Deere & Company's equity in net income (loss)	(23.5)	(2.4)	0.9
Financial Position
Total assets	1,488	2,201
Total external borrowings	451	909
Total net assets	542	677
Deere & Company's share of the net assets	182.5	232.6	303
Undistributed earnings of the unconsolidated affiliates included in consolidated retained earnings	123
Dividends from unconsolidated affiliates	4	64	1
Transactions with Unconsolidated Affiliated Companies
Net Sales	84	45	37
Purchases	$ 1,331	$ 1,016	$ 1,284
Bell Equipment Limited
Equity Method Investments
Ownership interest in equity method investee (as a percent)	31.00%
Deere-Hitachi Construction Machinery Corporation
Equity Method Investments
Ownership interest in equity method investee (as a percent)	50.00%
Deere-Hitachi Maquinas de Construcao do Brasil S.A.
Equity Method Investments
Ownership interest in equity method investee (as a percent)	50.00%

MARKETABLE SECURITIES - Amortiz

MARKETABLE SECURITIES - Amortized Cost and Fair Value (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016
Amortized cost and fair value of marketable securities
Amortized Cost	$ 441	$ 442
Gross Unrealized Gains	17	17
Gross Unrealized Losses	6	5
Fair Value	451.6	453.5
Equity Fund
Amortized cost and fair value of marketable securities
Amortized Cost	37	40
Gross Unrealized Gains	11	5
Fair Value	48	45
Fixed Income Funds
Amortized cost and fair value of marketable securities
Amortized Cost	15	15
Fair Value	15	15
U.S. Government Debt Securities
Amortized cost and fair value of marketable securities
Amortized Cost	76	85
Gross Unrealized Gains	1	3
Fair Value	77	88
Municipal Debt Securities
Amortized cost and fair value of marketable securities
Amortized Cost	39	41
Gross Unrealized Gains	1	2
Gross Unrealized Losses	1
Fair Value	39	43
Corporate Debt Securities
Amortized cost and fair value of marketable securities
Amortized Cost	133	113
Gross Unrealized Gains	3	5
Gross Unrealized Losses	1
Fair Value	135	118
International Debt Securities
Amortized cost and fair value of marketable securities
Amortized Cost	22	39
Gross Unrealized Losses	2	5
Fair Value	20	34
Mortgage-backed Securities
Amortized cost and fair value of marketable securities
Amortized Cost	119	109
Gross Unrealized Gains	1	2
Gross Unrealized Losses	2
Fair Value	$ 118	$ 111

MARKETABLE SECURITIES - Contrac

MARKETABLE SECURITIES - Contractual Maturities (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Contractual Maturities of Debt Securities, Amortized Cost
Amortized cost, due in one year or less	$ 26
Amortized cost, due after one through five years	111
Amortized cost, due after five through 10 years	83
Amortized cost, due after 10 years	50
Amortized cost, mortgage-backed securities	119
Amortized cost, debt securities	389
Contractual Maturities of Debt Securities, Fair Value
Fair value, due in one year or less	25
Fair value, due after one through five years	110
Fair value, due after five through 10 years	84
Fair value, due after 10 years	52
Fair value, mortgage-backed securities	118
Fair value, debt securities	389
Proceeds from the sales of available-for-sale securities	403	$ 62	$ 120
Realized gains from sales of available-for-sale securities	275
Losses related to impairment write-downs	$ 0	$ 0	$ 0

RECEIVABLES - Trade Accounts an

RECEIVABLES - Trade Accounts and Notes Receivable (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016
Trade Accounts and Notes Receivable
Trade accounts and notes receivable - net	$ 3,924.9	$ 3,011.3
Dealer notes receivable	140	143
Allowance for credit losses	$ 56	50
Trade Accounts and Notes Receivable
Trade Accounts and Notes Receivable
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	$ 2,991	2,438
Construction and Forestry
Trade Accounts and Notes Receivable
Trade accounts and notes receivable - net	$ 934	$ 573

RECEIVABLES - Financing Receiva

RECEIVABLES - Financing Receivables (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016
Financing receivables
Financing receivables - net	$ 25,104.1	$ 23,702.3
Financing Receivables - Other Disclosures
Unpaid balances of receivables administered but not owned	10	15
Financing receivables administered	29,273	28,844
Unrestricted
Financing receivables
Financing receivables, gross	26,392	24,785
Unearned finance income	1,114	921
Allowance for credit losses	174	162
Financing receivables - net	25,104	23,702
Unrestricted | Finance Receivables - Company's Sales of Equipment
Financing receivables
Financing receivables, gross	6,883	6,851
Unearned finance income	284	244
Financing receivables - net	6,599	6,607
Securitized
Financing receivables
Financing receivables, gross	4,250	5,235
Unearned finance income	78	94
Allowance for credit losses	13	14
Financing receivables - net	4,159	5,127
Retail Notes | Unrestricted
Financing receivables
Financing receivables, gross	17,497	16,353
Unearned finance income	972	812
Retail Notes | Unrestricted | Finance Receivables - Company's Sales of Equipment
Financing receivables
Financing receivables, gross	2,467	2,232
Unearned finance income	231	202
Retail Notes | Securitized
Financing receivables
Financing receivables, gross	4,250	5,235
Unearned finance income	$ 78	94
Retail Notes | Agriculture and Turf
Financing Receivables - Other Disclosures
Maximum terms for notes and financing leases	7 years
Retail Notes | Agriculture and Turf | Unrestricted
Financing receivables
Financing receivables, gross	$ 15,200	14,152
Retail Notes | Agriculture and Turf | Unrestricted | Finance Receivables - Company's Sales of Equipment
Financing receivables
Financing receivables, gross	2,099	1,896
Retail Notes | Agriculture and Turf | Securitized
Financing receivables
Financing receivables, gross	$ 3,651	4,615
Retail Notes | Construction and Forestry
Financing Receivables - Other Disclosures
Maximum terms for notes and financing leases	5 years
Retail Notes | Construction and Forestry | Unrestricted
Financing receivables
Financing receivables, gross	$ 2,297	2,201
Retail Notes | Construction and Forestry | Unrestricted | Finance Receivables - Company's Sales of Equipment
Financing receivables
Financing receivables, gross	368	336
Retail Notes | Construction and Forestry | Securitized
Financing receivables
Financing receivables, gross	$ 599	620
Wholesale Notes
Financing Receivables - Other Disclosures
Term that the average term for wholesale notes is less than	12 months
Wholesale Notes | Unrestricted
Financing receivables
Financing receivables, gross	$ 3,653	3,971
Wholesale Notes | Unrestricted | Finance Receivables - Company's Sales of Equipment
Financing receivables
Financing receivables, gross	3,653	3,971
Sales-type Leases | Unrestricted | Finance Receivables - Company's Sales of Equipment
Financing receivables
Financing receivables, gross	763	648
Unearned finance income	53	42
Revolving Charge Accounts | Unrestricted
Financing receivables
Financing receivables, gross	$ 3,629	3,135
Financing Leases
Financing Receivables - Other Disclosures
Maximum terms for notes and financing leases	5 years
Financing Leases | Unrestricted
Financing receivables
Financing receivables, gross	$ 1,613	1,326
Unearned finance income	142	109
Residual values for investments in financing leases	$ 244	$ 156

RECEIVABLES - Financing Recei92

RECEIVABLES - Financing Receivable Installments (Details) - USD ($) $ in Millions	Oct. 29, 2017	Oct. 30, 2016
Unrestricted
Financing receivable installments, due in months:
Financing receivables, Due in months: 0 - 12	$ 13,237	$ 12,835
Financing receivables, Due in months: 13 - 24	5,056	4,760
Financing receivables, Due in months: 25 - 36	3,708	3,386
Financing receivables, Due in months: 37 - 48	2,518	2,219
Financing receivables, Due in months: 49 - 60	1,398	1,181
Financing receivables, Due in months: Thereafter (greater than 60 months)	475	404
Financing receivables - gross	26,392	24,785
Securitized
Financing receivable installments, due in months:
Financing receivables, Due in months: 0 - 12	2,027	2,269
Financing receivables, Due in months: 13 - 24	1,256	1,536
Financing receivables, Due in months: 25 - 36	672	931
Financing receivables, Due in months: 37 - 48	243	408
Financing receivables, Due in months: 49 - 60	50	84
Financing receivables, Due in months: Thereafter (greater than 60 months)	2	7
Financing receivables - gross	$ 4,250	$ 5,235

RECEIVABLES - Past Due Age Anal

RECEIVABLES - Past Due Age Analysis (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015	Nov. 02, 2014
Financing Receivable, Past Due
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 ceased and the estimated uncollectible amount is written off	120 days
Percentage of past-due amounts to total financing receivables	1.48%	1.50%
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	$ 435	$ 434
Total Non-Performing	220	244
Current	28,795	28,327
Total Financing Receivables	29,450	29,005	$ 29,801
Less allowance for credit losses	187	176	157	$ 175
Total financing receivables - net	29,263	28,829
30-59 Days Past Due
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	231	229
60-89 Days Past Due
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	107	105
90 Days or Greater Past Due
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	97	100
Retail Notes
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Financing Receivables	20,697	20,682	21,567
Less allowance for credit losses	121	113	$ 95	$ 109
Retail Notes | Agriculture and Turf
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	221	237
Total Non-Performing	173	191
Current	17,508	17,526
Total Financing Receivables	17,902	17,954
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	118	115
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	57
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	49	65
Retail Notes | Construction and Forestry
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	147	135
Total Non-Performing	30	35
Current	2,618	2,558
Total Financing Receivables	2,795	2,728
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	75	78
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	33	32
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	39	25
Other Financing Receivables | Agriculture and Turf
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	48	43
Total Non-Performing	12	9
Current	7,610	7,286
Total Financing Receivables	7,670	7,338
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	27	26
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	14	11
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	7	6
Other Financing Receivables | Construction and Forestry
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	19	19
Total Non-Performing	5	9
Current	1,059	957
Total Financing Receivables	1,083	985
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	11	10
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	6	5
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	$ 2	$ 4

RECEIVABLES - Allowance for Cre

RECEIVABLES - Allowance for Credit Losses (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Financing Receivable, Allowance for Credit Losses
Allowance for credit losses as a percentage of financing receivables outstanding	0.64%	0.61%
Allowance:
Beginning of year balance	$ 176	$ 157	$ 175
Provision (credit)	88	84	46
Write-offs	(116)	(103)	(67)
Recoveries	41	31	26
Translation adjustments	(2)	7	(23)
End of year balance	187	176	157
Financing receivables:
End of year balance	29,450	29,005	29,801
Balance individually evaluated	109	136	46
Financial Services
Financing Receivable, Allowance for Credit Losses
Deposits primarily withheld from dealers and merchants available for potential credit losses	155	162
Retail Notes
Allowance:
Beginning of year balance	113	95	109
Provision (credit)	46	43	22
Write-offs	(56)	(43)	(26)
Recoveries	20	11	10
Translation adjustments	(2)	7	(20)
End of year balance	121	113	95
Financing receivables:
End of year balance	20,697	20,682	21,567
Balance individually evaluated	86	108	40
Revolving Charge Accounts
Allowance:
Beginning of year balance	40	40	41
Provision (credit)	33	36	21
Write-offs	(53)	(55)	(37)
Recoveries	20	19	15
End of year balance	40	40	40
Financing receivables:
End of year balance	3,629	3,135	2,740
Balance individually evaluated	3	8
Other Financing Receivables
Allowance:
Beginning of year balance	23	22	25
Provision (credit)	9	5	3
Write-offs	(7)	(5)	(4)
Recoveries	1	1	1
Translation adjustments			(3)
End of year balance	26	23	22
Financing receivables:
End of year balance	5,124	5,188	5,494
Balance individually evaluated	$ 20	$ 20	$ 6

RECEIVABLES - Impaired Financin

RECEIVABLES - Impaired Financing Receivables (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016
Analysis of Impaired Financing Receivables
Recorded investment, with specific allowance	$ 36	$ 31
Recorded investment, without specific allowance	28	29
Recorded Investment	64	60
Unpaid principal balance, with specific allowance	33	28
Unpaid principal balance, without specific allowance	27	27
Unpaid Principal Balance	60	55
Specific Allowance	10	9
Average recorded investment, with specific allowance	30	29
Average recorded investment, without specific allowance	24	26
Average Recorded Investment	54	55
Agriculture and Turf
Analysis of Impaired Financing Receivables
Recorded Investment	49	33
Unpaid Principal Balance	46	30
Specific Allowance	10	8
Average Recorded Investment	38	27
Construction and Forestry
Analysis of Impaired Financing Receivables
Recorded Investment	15	27
Unpaid Principal Balance	14	25
Specific Allowance		1
Average Recorded Investment	$ 16	$ 28

RECEIVABLES - Other (Details)

RECEIVABLES - Other (Details) $ in Millions	12 Months Ended
	Oct. 29, 2017USD ($)item	Oct. 30, 2016USD ($)item	Nov. 01, 2015USD ($)item
Financing Receivables Related to Troubled Debt Restructurings
Financing receivable contracts in troubled debt restructuring, number | item	474	167	107
Financing receivables in troubled debt restructurings, aggregate balances, pre-modification	$ 16	$ 19	$ 8
Financing receivables in troubled debt restructurings, aggregate balances, post-modification	15	18	$ 7
Troubled debt restructurings that subsequently defaulted and were written off	3
Commitments to lend additional funds to borrowers whose accounts were modified in troubled debt restructurings	12
Other Receivables:
Taxes receivable	876	702
Other	324	317
Other receivables	$ 1,200	$ 1,018.5

SECURITIZATION OF FINANCING R97

SECURITIZATION OF FINANCING RECEIVABLES (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016
Securitization Transactions
Unconsolidated conduits, carrying value of liabilities	$ 1,096
Unconsolidated conduits, maximum exposure to loss	1,155
Short-term securitization borrowings	4,118.7	$ 4,997.8
Accrued interest on borrowings - securitization transactions	2	2
Total liabilities related to restricted securitized assets - securitization transactions	$ 4,121	5,000
Maximum remaining term of all restricted securitized retail notes	5 years
Securitized
Securitization Transactions
Financing receivables securitized (retail notes)	$ 4,172	5,141
Allowance for credit losses - securitization transactions	(13)	(14)
Other assets - securitization transactions	105	115
Total restricted securitized assets - securitization transactions	4,264	5,242
VIE-Primary Beneficiary
Securitization Transactions
Total restricted securitized assets - securitization transactions	2,631	2,718
Total liabilities related to restricted securitized assets - securitization transactions	2,571	2,655
Non-VIE Banking Operation
Securitization Transactions
Total restricted securitized assets - securitization transactions	478	663
Total liabilities related to restricted securitized assets - securitization transactions	454	616
VIE-Not Primary Beneficiary
Securitization Transactions
Total Assets	40,000
Total restricted securitized assets - securitization transactions	1,155	1,861
Total liabilities related to restricted securitized assets - securitization transactions	$ 1,096	$ 1,729

EQUIPMENT ON OPERATING LEASES98

EQUIPMENT ON OPERATING LEASES (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Initial lease terms, operating, low end of range	12 months
Initial lease terms, operating, high end of range	60 months
Equipment on operating leases - net	$ 6,593.7	$ 5,901.5
Accumulated depreciation for equipment on operating leases	1,315	1,054
Depreciation expense for equipment on operating leases	853	742	$ 577
Future payments to be received on operating leases
Future payments receivable, operating leases, total	2,051
Future payments receivable, operating leases, 2018	878
Future payments receivable, operating leases, 2019	602
Future payments receivable, operating leases, 2020	347
Future payments receivable, operating leases, 2021	182
Future payments receivable, operating leases, 2022	42
Financial Services
Deposits withheld from dealers available for potential losses on residual values	52	68
Agriculture and Turf
Equipment on operating leases - net	5,385	4,758
Construction and Forestry
Equipment on operating leases - net	$ 1,209	$ 1,144

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 30, 2016	Oct. 29, 2017
INVENTORIES
Gross inventories on LIFO basis expressed as percentage of worldwide gross inventories at FIFO	61.00%	61.00%
Pretax favorable income effect from the liquidation of LIFO inventory	$ 4
Raw materials and supplies	1,369	$ 1,688
Work-in-process	453	495
Finished goods and parts	2,976	3,182
Total FIFO value	4,798	5,365
Less adjustment to LIFO value	1,457	1,461
Inventories	$ 3,340.5	$ 3,904.1

PROPERTY AND DEPRECIATION (Deta

PROPERTY AND DEPRECIATION (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Summary of property and equipment
Property and equipment-net	$ 5,067.7	$ 5,170.6	$ 5,181
Property and equipment, additions	602	674	666
Depreciation	726	701	692
Capitalized interest	3	3	6
Leased property and equipment under capital leases, at cost	40	33
Accumulated depreciation on leased property and equipment under capital leases	$ 15	16
Capitalized computer software estimated useful life	3 years
Capitalized software costs, including purchased and internally developed software	$ 1,078	1,035
Capitalized software, accumulated amortization	826	770
Capitalized interest on software	1	3
Amortization of capitalized computer software costs	118	102	$ 103
Equipment Operations
Summary of property and equipment
Total property and equipment at cost	11,843	11,396
Less accumulated depreciation	6,826	6,277
Property and equipment-net	5,017.3	5,118.5
Equipment Operations | Land
Summary of property and equipment
Total property and equipment at cost	$ 122	119
Equipment Operations | Buildings and Building Equipment
Summary of property and equipment
Weighted-average useful lives	22 years
Total property and equipment at cost	$ 3,396	3,230
Equipment Operations | Machinery and Equipment
Summary of property and equipment
Weighted-average useful lives	11 years
Total property and equipment at cost	$ 5,378	5,180
Equipment Operations | Dies, Patterns, Tools, etc
Summary of property and equipment
Weighted-average useful lives	8 years
Total property and equipment at cost	$ 1,647	1,604
Equipment Operations | All Other
Summary of property and equipment
Weighted-average useful lives	5 years
Total property and equipment at cost	$ 942	893
Equipment Operations | Construction in Progress
Summary of property and equipment
Total property and equipment at cost	358	370
Financial Services
Summary of property and equipment
Total property and equipment at cost	116	113
Less accumulated depreciation	65	61
Property and equipment-net	50.4	52.1
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	26 years
Total property and equipment at cost	$ 74	73
Financial Services | All Other
Summary of property and equipment
Weighted-average useful lives	6 years
Total property and equipment at cost	$ 38	$ 36

GOODWILL AND OTHER INTANGIBL101

GOODWILL AND OTHER INTANGIBLE ASSETS-NET - Goodwill (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016
Changes in Amounts of Goodwill
Goodwill - net, beginning balance	$ 815.7	$ 726
Acquisitions	193	95
Translation adjustments and other	24	(5)
Goodwill - net, ending balance	1,033.3	815.7
Accumulated impairment loss	0	0
Agriculture and Turf
Changes in Amounts of Goodwill
Goodwill - net, beginning balance	323	227
Acquisitions	193	95
Translation adjustments and other	5	1
Goodwill - net, ending balance	521	323
Construction and Forestry
Changes in Amounts of Goodwill
Goodwill - net, beginning balance	493	499
Translation adjustments and other	19	(6)
Goodwill - net, ending balance	$ 512	$ 493

GOODWILL AND OTHER INTANGIBL102

GOODWILL AND OTHER INTANGIBLE ASSETS-NET - Intangible Assets (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016
Amortized intangible assets:
Amortized intangible assets	$ 181	$ 173
Less accumulated amortization	86	69
Total	95	104
Unamortized intangible assets:
Other intangible assets - net	$ 218	104.1
Customer Lists and Relationships
Amortized intangible assets:
Useful Lives (weighted averages)	11 years
Amortized intangible assets	$ 42	42
Less accumulated amortization	$ 17	11
Technology, Patents, Trademarks, and Other
Amortized intangible assets:
Useful Lives (weighted averages)	13 years
Amortized intangible assets	$ 139	131
Less accumulated amortization	69	$ 58
In-process Research and Development
Unamortized intangible assets:
Unamortized intangible assets	$ 123

GOODWILL AND OTHER INTANGIBL103

GOODWILL AND OTHER INTANGIBLE ASSETS-NET - Amortization Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Amortized Intangible Assets:
Amortization expense of other intangible assets	$ 18	$ 15	$ 10
Amortization expense of other intangible assets - 2018	16
Amortization expense of other intangible assets - 2019	15
Amortization expense of other intangible assets - 2020	12
Amortization expense of other intangible assets - 2021	9
Amortization expense of other intangible assets - 2022	$ 9

TOTAL SHORT-TERM BORROWINGS (De

TOTAL SHORT-TERM BORROWINGS (Details) - USD ($) $ in Millions	Oct. 29, 2017	Oct. 30, 2016
Short-term borrowings
Short-term borrowings	$ 10,035.3	$ 6,910.7
Short-term securitization borrowings	4,118.7	4,997.8
Total short-term borrowings	$ 14,154	$ 11,909
Weighted-average interest rates on total short-term borrowings, excluding current maturities of long-term borrowings (as a percent)	1.80%	1.60%
Equipment Operations
Short-term borrowings
Short-term borrowings	$ 375.5	$ 249
Equipment Operations | Notes Payable to Banks
Short-term borrowings
Short-term borrowings	221	164
Equipment Operations | Long-term Borrowings Due Within One Year
Short-term borrowings
Short-term borrowings	154	85
Financial Services
Short-term borrowings
Short-term borrowings	9,659.8	6,661.7
Short-term securitization borrowings	4,118.7	4,997.8
Unamortized debt issuance costs	4	5
Financial Services | Commercial Paper
Short-term borrowings
Short-term borrowings	3,439	1,253
Financial Services | Notes Payable to Banks
Short-term borrowings
Short-term borrowings	157	151
Financial Services | Long-term Borrowings Due Within One Year
Short-term borrowings
Short-term borrowings	6,064	5,258
Unamortized debt issuance costs	2	$ 1
Financial Services | Short-term Securitization Borrowings
Short-term borrowings
Payment schedule for securitization borrowings based on expected liquidation of the retail notes, 2018	2,234
Payment schedule for securitization borrowings based on expected liquidation of the retail notes, 2019	1,249
Payment schedule for securitization borrowings based on expected liquidation of the retail notes, 2020	489
Payment schedule for securitization borrowings based on expected liquidation of the retail notes, 2021	146
Payment schedule for securitization borrowings based on expected liquidation of the retail notes, 2022	$ 5

TOTAL SHORT-TERM BORROWINGS - O

TOTAL SHORT-TERM BORROWINGS - Other (Details) $ in Millions	12 Months Ended
	Oct. 29, 2017USD ($)
Line of Credit Facility
Lines of credit available from U.S. and foreign banks	$ 7,878
Lines of credit unused	$ 4,061
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
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
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	$ 10,965
Additional debt capacity	20,364
364-Day Credit Facilities Expiring February, 2018
Line of Credit Facility
Lines of credit available from U.S. and foreign banks	1,750
364-Day Credit Facilities Expiring October, 2018
Line of Credit Facility
Lines of credit available from U.S. and foreign banks	750
Line of Credit Facilities Expiring April, 2021
Line of Credit Facility
Lines of credit available from U.S. and foreign banks	2,500
Line of Credit Facilities Expiring April, 2022
Line of Credit Facility
Lines of credit available from U.S. and foreign banks	$ 2,500

ACCOUNTS PAYABLE AND ACCRUED106

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) - USD ($) $ in Millions	Oct. 29, 2017	Oct. 30, 2016
Accrued expenses:
Total	$ 8,417	$ 7,240.1
Eliminations
Accrued expenses:
Total	(1,128)	(1,016)
Equipment Operations
Accounts payable:
Trade payables	2,069	1,598
Dividends payable	194	189
Other	164	193
Accrued expenses:
Dealer sales discounts	1,559	1,371
Product warranties	1,007	779
Employee benefits	861	861
Unearned revenue	520	401
Other	1,344	1,269
Total	7,718.1	6,661.2
Financial Services
Accounts payable:
Deposits withheld from dealers and merchants	207	230
Other	275	268
Accrued expenses:
Employee benefits	55	52
Unearned revenue	797	735
Accrued interest	148	125
Other	345	185
Total	$ 1,827.1	$ 1,595.2

LONG-TERM BORROWINGS (Details)

LONG-TERM BORROWINGS (Details) € in Millions, $ in Millions	Oct. 29, 2017EUR (€)	Oct. 29, 2017USD ($)	Oct. 30, 2016USD ($)
Notes and debentures
Less debt issuance costs			$ 63
Total long-term borrowings		$ 25,891.3	23,703
Equipment Operations
Notes and debentures
Less debt issuance costs		20	21
Total long-term borrowings		5,490.9	4,565.3
Principal Amounts of Long-Term Borrowings Maturing In Next Five Years
2,018		154
2,019		873
2,020		451
2,021		4
2,022		1,108
Equipment Operations | 4.375% Notes Due 2019
Notes and debentures
Long-term borrowings, gross		$ 750	$ 750
Debt instrument, stated interest rate	4.375%	4.375%	4.375%
Equipment Operations | 8-1/2% Debentures Due 2022
Notes and debentures
Long-term borrowings, gross		$ 105	$ 105
Debt instrument, stated interest rate	8.50%	8.50%	8.50%
Equipment Operations | 2.60% Notes Due 2022
Notes and debentures
Long-term borrowings, gross		$ 1,000	$ 1,000
Debt instrument, stated interest rate	2.60%	2.60%	2.60%
Equipment Operations | 6.55% Debentures Due 2028
Notes and debentures
Long-term borrowings, gross		$ 200	$ 200
Debt instrument, stated interest rate	6.55%	6.55%	6.55%
Equipment Operations | 5.375% Notes Due 2029
Notes and debentures
Long-term borrowings, gross		$ 500	$ 500
Debt instrument, stated interest rate	5.375%	5.375%	5.375%
Equipment Operations | 8.10% Debentures Due 2030
Notes and debentures
Long-term borrowings, gross		$ 250	$ 250
Debt instrument, stated interest rate	8.10%	8.10%	8.10%
Equipment Operations | 7.125% Notes Due 2031
Notes and debentures
Long-term borrowings, gross		$ 300	$ 300
Debt instrument, stated interest rate	7.125%	7.125%	7.125%
Equipment Operations | 3.90% Notes Due 2042
Notes and debentures
Long-term borrowings, gross		$ 1,250	$ 1,250
Debt instrument, stated interest rate	3.90%	3.90%	3.90%
Equipment Operations | Medium-term notes due 2020 - 2023
Notes and debentures
Long-term borrowings, gross		$ 990
Principal amount | €	€ 850
Average interest rates	0.30%	0.30%
Equipment Operations | Other Notes
Notes and debentures
Long-term borrowings, gross		$ 166	$ 231
Financial Services
Notes and debentures
Less debt issuance costs		42	36
Total long-term borrowings		20,400.4	19,137.7
Principal Amounts of Long-Term Borrowings Maturing In Next Five Years
2,018		6,050
2,019		5,383
2,020		5,056
2,021		2,486
2,022		3,502
Financial Services | Medium-term notes due 2018 - 2027
Notes and debentures
Long-term borrowings, gross		18,601	17,434
Principal amount		$ 18,678	$ 17,203
Average interest rates	2.00%	2.00%	1.70%
Financial Services | 2.75% Senior Note Due 2022
Notes and debentures
Long-term borrowings, gross		$ 502	$ 519
Debt instrument, stated interest rate	2.75%	2.75%	2.75%
Principal amount		$ 500	$ 500
Portion of debt swapped to variable interest rates, amount		$ 500	$ 500
Variable interest rates, debt swaps	2.00%	2.00%	1.60%
Financial Services | Other Notes
Notes and debentures
Long-term borrowings, gross		$ 1,339	$ 1,221

LEASES (Details)

LEASES (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Capital leases, future minimum lease payments
Future minimum lease payments under capital leases	$ 26
2,018	10
2,019	6
2,020	5
2,021	3
2,022	1
Later years	1
Operating leases, total rent expense
Total rental expense for operating leases	167	$ 185	$ 200
Operating leases, future minimum lease payments
Future minimum lease payments under operating leases	371
2,018	98
2,019	76
2,020	58
2,021	44
2,022	39
Later years	$ 56

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Warranty (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016
COMMITMENTS AND CONTINGENCIES
Historical claims rate, review period	5 years
Unamortized extended warranty premiums (deferred revenue)	$ 461	$ 447
Change in Warranty Liability and Unearned Premiums
Beginning of year balance	1,226	1,261
Payments	(743)	(783)
Amortization of premiums received	(207)	(202)
Accruals for warranties	959	758
Premiums received	224	181
Foreign exchange	9	11
End of year balance	$ 1,468	$ 1,226

COMMITMENTS AND CONTINGENCIE110

COMMITMENTS AND CONTINGENCIES - Other (Details) $ in Millions	12 Months Ended
	Oct. 29, 2017USD ($)
Long Term Purchase Commitments
Commitments for the construction and acquisition of property and equipment	$ 170
Restricted Assets and Other Contingent Liabilities
Other restricted assets	122
Miscellaneous contingent liabilities	70
Guarantees, Third-party Receivables
Guarantee Obligations
Guarantee obligations maximum exposure	131
Guarantee obligations accrued losses	$ 4
Guarantee obligations term	P5Y

CAPITAL STOCK (Details)

CAPITAL STOCK (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Oct. 29, 2017	Jul. 30, 2017	Apr. 30, 2017	Jan. 29, 2017	Oct. 30, 2016	Jul. 31, 2016	May 01, 2016	Jan. 31, 2016	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
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				$ 3,911.8				$ 3,826	$ 3,911.8	$ 3,826	$ 3,675
Stock options and other										86	151
Stock options and other									369
Common stock, end of period	$ 4,280.5				$ 3,911.8				$ 4,280.5	$ 3,911.8	3,826
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)	60,000,000								60,000,000
Closing common stock price (in dollars per share)	$ 133.25								$ 133.25
Common stock shares remaining to be repurchased under repurchase plan (in dollars)	$ 3,260								$ 3,260
Common stock shares remaining to be repurchased under repurchase plan (in shares)	24,500,000								24,500,000
Reconciliation of Basic and Diluted Net Income Per Share
Net income attributable to Deere & Company (in dollars)	$ 510	$ 642	$ 808	$ 199	$ 285	$ 489	$ 496	$ 254	$ 2,159.1	$ 1,523.9	1,940
Less income allocable to participating securities (in dollars)									0.6	0.7	0.8
Income allocable to common stock (in dollars)									$ 2,158.5	$ 1,523.2	$ 1,939.2
Average shares outstanding									319,500,000	315,200,000	333,600,000
Basic per share (in dollars per share)	$ 1.59	$ 2	$ 2.53	$ 0.63	$ 0.91	$ 1.55	$ 1.57	$ 0.80	$ 6.76	$ 4.83	$ 5.81
Diluted Earnings Per Share
Average shares outstanding									319,500,000	315,200,000	333,600,000
Effect of dilutive stock options (in shares)									3,800,000	1,400,000	2,400,000
Total potential shares outstanding									323,300,000	316,600,000	336,000,000
Diluted per share (in dollars per share)	$ 1.57	$ 1.97	$ 2.50	$ 0.62	$ 0.90	$ 1.55	$ 1.56	$ 0.80	$ 6.68	$ 4.81	$ 5.77
Antidilutive incremental shares related to share-based compensation excluded from computation of earnings per share									200,000	9,900,000

STOCK OPTION AND RESTRICTED 112

STOCK OPTION AND RESTRICTED STOCK AWARDS - Stock Option Activity and Assumptions (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Employee Service Share-based Compensation, Aggregate Disclosures
Number of additional shares authorized for grant related to stock options or restricted stock	11.3
Stock Option Activity - Aggregate Intrinsic Value
Cash received from stock option exercises	$ 528.7	$ 36	$ 172.1
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)	0.88%	0.23%	0.04%
Risk-free interest rate, high end of range (as a percent)	2.50%	2.30%	2.30%
Expected dividends (as a percent)	2.40%	2.80%	2.50%
Expected volatility, low end of range (as a percent)	24.00%	25.20%	23.40%
Expected volatility, high end of range (as a percent)	24.80%	29.00%	25.70%
Weighted-average volatility (as a percent)	24.50%	26.50%	25.60%
Stock Option Activity - Shares
Outstanding at beginning of year (in shares)	17.5
Granted (in shares)	0.7
Exercised (in shares)	(6.9)
Expired or forfeited (in shares)	(0.1)
Outstanding at end of year (in shares)	11.2	17.5
Exercisable at end of year (in shares)	7.8
Stock Option Activity - Exercise Price, Weighted-averages
Outstanding, weighted average exercise price at beginning of year (in dollars per share)	$ 78.73
Granted, weighted average exercise price (in dollars per share)	100.55
Exercised, weighted average exercise price (in dollars per share)	76.56
Expired or Forfeited, weighted average exercise price (in dollars per share)	86.81
Outstanding, weighted average exercise price at end of year (in dollars per share)	81.39	$ 78.73
Exercisable, weighted average exercise price at end of year (in dollars per share)	$ 79.64
Stock Option Activity - Remaining Contractual Term (Years)
Outstanding at end of year, Remaining Contractual Term	6 years 2 months 1 day
Exercisable at end of year, Remaining Contractual Term	5 years 4 months 2 days
Stock Option Activity - Aggregate Intrinsic Value
Outstanding at end of year, Aggregate Intrinsic Value	$ 581.6
Exercisable at end of year, Aggregate Intrinsic Value	$ 418.9
Weighted-average grant-date fair values of options granted (in dollars per share)	$ 24.46	$ 16.88	$ 19.67
Total intrinsic values of options exercised	$ 225	$ 23	$ 98
Cash received from stock option exercises	529	36	172
Tax benefits, exercise of stock options	$ 83	$ 8	$ 36
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 9 months 18 days	7 years	7 years 2 months 12 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 7 months 6 days	8 years 7 months 6 days	8 years 2 months 12 days
Restricted Stock Units
Employee Service Share-based Compensation, Aggregate Disclosures
Vesting period under share-based incentive plans	3 years

STOCK OPTION AND RESTRICTED 113

STOCK OPTION AND RESTRICTED STOCK AWARDS - Other (Details) - $ / shares shares in Thousands	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Restricted Stock Units
Share-based Compensation, Aggregate Disclosures
Restricted stock units granted (in shares)	579	255	248
Restricted Stock Units Subject to Service Based Conditions
Share-based Compensation, Aggregate Disclosures
Restricted stock units granted (in shares)	465	113	122
Common shares awarded for each unit of restricted stock at the end of vesting period	one share of common stock
Restricted stock units granted, weighted-average fair value (in dollars per unit)	$ 101.03	$ 79.84	$ 88.66
Restricted Stock Units Subject to Performance/Service and Market/Service Based Conditions
Share-based Compensation, Aggregate Disclosures
Restricted stock units granted (in shares)	100
Restricted stock units granted, weighted-average fair value (in dollars per unit)	$ 111.78
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)	57	71	63
Restricted stock units granted, weighted-average fair value (in dollars per unit)	$ 93.86	$ 72.93	$ 81.78
Restricted Stock Units Subject to Market/Service Based Conditions
Share-based Compensation, Aggregate Disclosures
Restricted stock units granted (in shares)	57	71	63
Restricted stock units granted, weighted-average fair value (in dollars per unit)	$ 129.70	$ 103.66	$ 113.97
Fair value assumptions method used	lattice valuation model

STOCK OPTION AND RESTRICTED 114

STOCK OPTION AND RESTRICTED STOCK AWARDS - Restricted Shares and Changes (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Share-based Compensation - General Disclosures
Total share-based compensation expense	$ 68	$ 71	$ 66
Recognized income tax benefits	25	26	25
Total unrecognized compensation cost from share-based compensation related to restricted shares and options	$ 46
Weighted-average period during which unrecognized compensation is expected to be recognized	2 years
Total grant-date fair values of stock options and restricted shares vested	$ 72	$ 69	$ 74
Shares in Treasury Stock	214,589,902	221,663,380
Shares remaining to be repurchased under current publicly announced repurchase program	24,500,000
Restricted Stock Units Subject to Service Based Conditions
Restricted Shares - Shares
Nonvested at beginning of year (in shares)	300,000
Granted (in shares)	465,000	113,000	122,000
Vested (in shares)	(100,000)
Nonvested at end of year (in shares)	700,000	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)	$ 84.86
Granted, weighted-average grant-date fair value (in dollars per share)	101.03	$ 79.84	$ 88.66
Vested, weighted-average grant-date fair value (in dollars per share)	86.40
Nonvested weighted-average grant-date fair value, at end of year (in dollars per share)	$ 95.90	$ 84.86
Restricted Stock Units Subject to Performance/Service and Market/Service Based Conditions
Restricted Shares - Shares
Nonvested at beginning of year (in shares)	400,000
Granted (in shares)	100,000
Performance change (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)	$ 94.88
Granted, weighted-average grant-date fair value (in dollars per share)	111.78
Performance change, weighted-average grant-date fair value (in dollars per share)	81.53
Nonvested weighted-average grant-date fair value, at end of year (in dollars per share)	$ 98.46	$ 94.88

OTHER COMPREHENSIVE INCOME I115

OTHER COMPREHENSIVE INCOME ITEMS - After-Tax Changes (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Accumulated other comprehensive income (loss)
Balance	$ 6,530.8	$ 6,757.6	$ 9,065.5
Period Change	1,062.5	(896.6)	(946.8)
Balance	9,560.5	6,530.8	6,757.6
Total Accumulated Other Comprehensive Income (Loss)
Accumulated other comprehensive income (loss)
Balance	(5,626)	(4,729)	(3,783)
Period Change	1,062	(897)	(946)
Balance	(4,564)	(5,626)	(4,729)
Retirement Benefits Adjustment
Accumulated other comprehensive income (loss)
Balance	(4,409)	(3,501)	(3,493)
Period Change	829	(908)	(8)
Balance	(3,580)	(4,409)	(3,501)
Cumulative Translation Adjustment
Accumulated other comprehensive income (loss)
Balance	(1,229)	(1,238)	(303)
Period Change	230	9	(935)
Balance	(999)	(1,229)	(1,238)
Unrealized Gain (Loss) on Derivatives
Accumulated other comprehensive income (loss)
Balance	1	(2)
Period Change	4	3	(2)
Balance	5	1	(2)
Unrealized Gain (Loss) on Investments
Accumulated other comprehensive income (loss)
Balance	11	12	13
Period Change	(1)	(1)	(1)
Balance	$ 10	$ 11	$ 12

OTHER COMPREHENSIVE INCOME I116

OTHER COMPREHENSIVE INCOME ITEMS - Amounts Recorded in and Reclassifications out of (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Other Comprehensive Income (Loss), Before Tax
Interest expense	$ (899.5)	$ (763.7)	$ (680)
Other operating expenses	(1,316.6)	(1,254.6)	(961.1)
Other income	1,121.1	745.5	706.5
Total other comprehensive income (loss), before tax	1,531	(1,388)	(952)
Other Comprehensive Income (Loss), Tax (Expense) Credit
Total other comprehensive income (loss), tax (expense) credit	(469)	491	6
Other Comprehensive Income (Loss), After Tax
Other Comprehensive Income (Loss), Net of Income Taxes	1,062.5	(896.6)	(946.8)
Cumulative Translation Adjustment
Other Comprehensive Income (Loss), Before Tax
Total other comprehensive income (loss), before tax	232	8	(938)
Other Comprehensive Income (Loss), Tax (Expense) Credit
Total other comprehensive income (loss), tax (expense) credit	(2)	1	3
Other Comprehensive Income (Loss), After Tax
Other Comprehensive Income (Loss), Net of Income Taxes	230	9	(935)
Unrealized Gain (Loss) on Derivatives
Other Comprehensive Income (Loss), Before Tax
Other comprehensive income (loss) before reclassification, before tax	3	(2)	(12)
Total other comprehensive income (loss), before tax	6	4	(4)
Other Comprehensive Income (Loss), Tax (Expense) Credit
Other comprehensive income (loss) before reclassification, tax (expense) credit	(1)	1	4
Total other comprehensive income (loss), tax (expense) credit	(2)	(1)	2
Other Comprehensive Income (Loss), After Tax
Other comprehensive income (loss) before reclassification, after tax	2	(1)	(8)
Other Comprehensive Income (Loss), Net of Income Taxes	4	3	(2)
Unrealized Gain (Loss) on Derivatives | Interest Rate Contracts | Reclassification out of accumulated other comprehensive income (loss)
Other Comprehensive Income (Loss), Before Tax
Interest expense	2	7	12
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit	(1)	(2)	(4)
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	1	5	8
Unrealized Gain (Loss) on Derivatives | Foreign Exchange Contracts | Reclassification out of accumulated other comprehensive income (loss)
Other Comprehensive Income (Loss), Before Tax
Other operating expenses	1	(1)	(4)
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit			2
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	1	(1)	(2)
Unrealized Gain (Loss) on Investments
Other Comprehensive Income (Loss), Before Tax
Other comprehensive income (loss) before reclassification, before tax	274	2	12
Total other comprehensive income (loss), before tax	(1)	(2)	(2)
Other Comprehensive Income (Loss), Tax (Expense) Credit
Other comprehensive income (loss) before reclassification, tax (expense) credit	(101)		(4)
Total other comprehensive income (loss), tax (expense) credit		1	1
Other Comprehensive Income (Loss), After Tax
Other comprehensive income (loss) before reclassification, after tax	173	2	8
Other Comprehensive Income (Loss), Net of Income Taxes	(1)	(1)	(1)
Unrealized Gain (Loss) on Investments | Reclassification out of accumulated other comprehensive income (loss)
Other Comprehensive Income (Loss), Before Tax
Other income	(275)	(4)	(14)
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit	101	1	5
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	(174)	(3)	(9)
Retirement Benefits Adjustment
Other Comprehensive Income (Loss), Before Tax
Total other comprehensive income (loss), before tax	1,294	(1,398)	(8)
Other Comprehensive Income (Loss), Tax (Expense) Credit
Total other comprehensive income (loss), tax (expense) credit	(465)	490
Other Comprehensive Income (Loss), After Tax
Other Comprehensive Income (Loss), Net of Income Taxes	829	(908)	(8)
Retirement Benefits Adjustment | Pensions
Other Comprehensive Income (Loss), Before Tax
Other comprehensive income (loss) before reclassification, before tax	702	(1,141)	(427)
Other Comprehensive Income (Loss), Tax (Expense) Credit
Other comprehensive income (loss) before reclassification, tax (expense) credit	(248)	397	151
Other Comprehensive Income (Loss), After Tax
Other comprehensive income (loss) before reclassification, after tax	454	(744)	(276)
Retirement Benefits Adjustment | Health Care and Life Insurance
Other Comprehensive Income (Loss), Before Tax
Other comprehensive income (loss) before reclassification, before tax	309	(493)	145
Other Comprehensive Income (Loss), Tax (Expense) Credit
Other comprehensive income (loss) before reclassification, tax (expense) credit	(115)	178	(52)
Other Comprehensive Income (Loss), After Tax
Other comprehensive income (loss) before reclassification, after tax	194	(315)	93
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	247	211	223
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit	(89)	(77)	(81)
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	158	134	142
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	99	73	91
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit	(36)	(27)	(34)
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	63	46	57
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	12	16	25
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit	(4)	(6)	(9)
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	8	10	16
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)	(78)	(77)
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit	28	29	29
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	(49)	(49)	(48)
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	2	14	11
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit	(1)	(4)	(4)
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	$ 1	$ 10	7
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
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax			$ 1

OTHER COMPREHENSIVE INCOME I117

OTHER COMPREHENSIVE INCOME ITEMS - Noncontrolling Interests' (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interests
Comprehensive income (loss) attributable to noncontrolling interests	$ 0.3	$ (2.4)	$ 0.5
Net income (loss) attributable to noncontrolling interests	0.1	(2.4)	0.9
Cumulative translation adjustments attributable to noncontrolling interests	$ 0.2	$ 0	$ (0.4)

FAIR VALUE MEASUREMENTS - Finan

FAIR VALUE MEASUREMENTS - Financial Instruments (Details) - USD ($) $ in Millions	Oct. 29, 2017	Oct. 30, 2016
Fair Values of Financial Instruments
Financing receivables - net	$ 25,104.1	$ 23,702.3
Financing receivables securitized - net	4,158.8	5,126.5
Short-term securitization borrowings	4,118.7	4,997.8
Long-term borrowings	25,891.3	23,703
Level 2
Fair Values of Financial Instruments
Short-term securitization borrowings	4,118	5,005
Long-term borrowings due within one year	6,233	5,339
Long-term borrowings	26,632	24,457
Level 3
Fair Values of Financial Instruments
Financing receivables - net	24,946	23,564
Financing receivables securitized - net	4,130	5,114
Carrying Value
Fair Values of Financial Instruments
Financing receivables - net	25,104	23,702
Financing receivables securitized - net	4,159	5,127
Short-term securitization borrowings	4,119	4,998
Long-term borrowings due within one year	6,218	5,343
Long-term borrowings	25,891	23,703
Equipment Operations
Fair Values of Financial Instruments
Financing receivables - net		0.4
Long-term borrowings	5,490.9	4,565.3
Equipment Operations | Level 2
Fair Values of Financial Instruments
Long-term borrowings due within one year	154	80
Long-term borrowings	6,026	5,184
Equipment Operations | Carrying Value
Fair Values of Financial Instruments
Long-term borrowings due within one year	154	85
Long-term borrowings	5,491	4,565
Financial Services
Fair Values of Financial Instruments
Financing receivables - net	25,104.1	23,701.9
Financing receivables securitized - net	4,158.8	5,126.5
Short-term securitization borrowings	4,118.7	4,997.8
Long-term borrowings	20,400.4	19,137.7
Financial Services | Level 2
Fair Values of Financial Instruments
Long-term borrowings due within one year	6,079	5,259
Long-term borrowings	20,606	19,273
Financial Services | Carrying Value
Fair Values of Financial Instruments
Long-term borrowings due within one year	6,064	5,258
Long-term borrowings	$ 20,400	$ 19,138

FAIR VALUE MEASUREMENTS - Asset

FAIR VALUE MEASUREMENTS - Assets and Liaibilities - Recurring (Details) - USD ($) $ in Millions	Oct. 29, 2017	Oct. 30, 2016
Assets and Liabilities Measured at Fair Value on a Recurring Basis
Marketable securities	$ 451.6	$ 453.5
Derivative assets	235	375
Derivative liabilities	158	72
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 a Recurring Basis
Derivative assets	235	375
Accounts Payable and Accrued Expenses
Assets and Liabilities Measured at Fair Value on a Recurring Basis
Derivative liabilities	158	72
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Total Estimated Fair Value
Assets and Liabilities Measured at Fair Value on a Recurring Basis
Marketable securities	452	454
Total assets	687	829
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 1 and Level 2 | U.S. Government Debt Securities
Assets and Liabilities Measured at Fair Value on a Recurring Basis
Marketable securities	77	88
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 1 | Equity Fund
Assets and Liabilities Measured at Fair Value on a Recurring Basis
Marketable securities	48	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 a Recurring Basis
Marketable securities	15	15
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 a Recurring Basis
Marketable securities	44	53
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2
Assets and Liabilities Measured at Fair Value on a Recurring Basis
Total liabilities	158	72
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 a Recurring Basis
Derivative assets	116	294
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 a Recurring Basis
Derivative liabilities	131	29
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 a Recurring Basis
Derivative assets	108	60
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 a Recurring Basis
Derivative liabilities	26	43
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 a Recurring Basis
Derivative assets	11	21
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2 | Cross-Currency Interest Rate Contracts | Accounts Payable and Accrued Expenses
Assets and Liabilities Measured at Fair Value on a Recurring Basis
Derivative liabilities	1
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2 | Municipal Debt Securities
Assets and Liabilities Measured at Fair Value on a Recurring Basis
Marketable securities	39	43
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2 | Corporate Debt Securities
Assets and Liabilities Measured at Fair Value on a Recurring Basis
Marketable securities	135	118
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2 | Mortgage-backed Securities
Assets and Liabilities Measured at Fair Value on a Recurring Basis
Marketable securities	118	111
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2 and Level 3 | International Debt Securities
Assets and Liabilities Measured at Fair Value on a Recurring Basis
Marketable securities	20	34
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 3 | International Debt Securities
Assets and Liabilities Measured at Fair Value on a Recurring Basis
Marketable securities	$ 17	$ 28

FAIR VALUE MEASUREMENTS - Recur

FAIR VALUE MEASUREMENTS - Recurring, Level 3 Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis - Level 3 - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016
Fair Value, Recurring Level 3 Measurements from Available for Sale Marketable Securities
Beginning of period balance	$ 28	$ 29
Purchases		25
Principal payments	(13)	(22)
Change in unrealized gain (loss)	2	(4)
End of period balance	$ 17	$ 28

FAIR VALUE MEASUREMENTS - Nonre

FAIR VALUE MEASUREMENTS - Nonrecurring Measurements (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
Equipment on operating leases - net	$ 6,593.7	$ 5,901.5
Fair Value, Nonrecurring Measurements | Level 1
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
Investments in unconsolidated affiliates	28
Losses, Investments in unconsolidated affiliates	$ 40
Fair Value, Nonrecurring Measurements | Level 3
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
Equipment on operating leases - net		654
Losses, Equipment on operating leases - net		31	$ 10
Property and equipment - net		31
Losses, Property and equipment - net		13	10
Investments in unconsolidated affiliates		1
Losses, Investments in unconsolidated affiliates		12
Other assets		184
Losses, Other assets		$ 29	$ 15

DERIVATIVE INSTRUMENTS - Cash F

DERIVATIVE INSTRUMENTS - Cash Flow Hedges (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016
Cash Flow Hedges
Cash flow hedge gain recorded in OCI to be reclassified within twelve months	$ (2)
Maximum maturity of cash flow hedge interest rate and cross-currency interest rate contracts	28 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	1,700	$ 1,600
Cross-Currency Interest Rate Contracts | Cash Flow Hedges Member | Designated as Hedging Instruments
Cash Flow Hedges
Notional amount of cash flow hedge derivatives	$ 22	$ 42

DERIVATIVE INSTRUMENTS - Fair V

DERIVATIVE INSTRUMENTS - Fair Value Hedges (Details) - Interest Rate Contracts - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016
Fair Value Hedges
Gains (losses) on ineffective portion of interest rate fair value hedge derivatives	$ 3	$ (2)
Gain (Loss) on Fair Value Hedges
Gains (losses) on interest rate contracts	(284)	7
Net accrued interest income on interest rate contracts	79	146
Gains (losses) on borrowings	287	(9)
Accrued interest expense on borrowings	243	290
Fair Value Hedges | Designated as Hedging Instruments
Fair Value Hedges
Notional amount of interest rate fair value hedge derivatives	$ 8,661	$ 8,844

DERIVATIVE INSTRUMENTS - Not De

DERIVATIVE INSTRUMENTS - Not Designated as Hedging Instruments (Details) - Not Designated as Hedging Instruments - USD ($) $ in Millions	Oct. 29, 2017	Oct. 30, 2016
Interest Rate Contracts
Derivatives Not Designated as Hedging Instruments
Notional amounts	$ 6,757	$ 6,060
Interest Rate Cap Contracts | Purchased
Derivatives Not Designated as Hedging Instruments
Notional amounts	253	579
Interest Rate Cap Contracts | Sold
Derivatives Not Designated as Hedging Instruments
Notional amounts	253	579
Foreign Exchange Contracts
Derivatives Not Designated as Hedging Instruments
Notional amounts	8,499	3,919
Cross-Currency Interest Rate Contracts
Derivatives Not Designated as Hedging Instruments
Notional amounts	$ 66	$ 63

DERIVATIVE INSTRUMENTS - Fai125

DERIVATIVE INSTRUMENTS - Fair Value (Details) - USD ($) $ in Millions	Oct. 29, 2017	Oct. 30, 2016
Fair Value of Derivative Instruments
Total derivative assets	$ 235	$ 375
Total derivative liabilities	158	72
Other Assets
Fair Value of Derivative Instruments
Total derivative assets	235	375
Accounts Payable and Accrued Expenses
Fair Value of Derivative Instruments
Total derivative liabilities	158	72
Designated as Hedging Instruments | Other Assets
Fair Value of Derivative Instruments
Total derivative assets	79	279
Designated as Hedging Instruments | Accounts Payable and Accrued Expenses
Fair Value of Derivative Instruments
Total derivative liabilities	112	10
Designated as Hedging Instruments | Interest Rate Contracts | Other Assets
Fair Value of Derivative Instruments
Total derivative assets	74	268
Designated as Hedging Instruments | Interest Rate Contracts | Accounts Payable and Accrued Expenses
Fair Value of Derivative Instruments
Total derivative liabilities	112	10
Designated as Hedging Instruments | Cross-Currency Interest Rate Contracts | Other Assets
Fair Value of Derivative Instruments
Total derivative assets	5	11
Not Designated as Hedging Instruments | Other Assets
Fair Value of Derivative Instruments
Total derivative assets	156	96
Not Designated as Hedging Instruments | Accounts Payable and Accrued Expenses
Fair Value of Derivative Instruments
Total derivative liabilities	46	62
Not Designated as Hedging Instruments | Interest Rate Contracts | Other Assets
Fair Value of Derivative Instruments
Total derivative assets	42	26
Not Designated as Hedging Instruments | Interest Rate Contracts | Accounts Payable and Accrued Expenses
Fair Value of Derivative Instruments
Total derivative liabilities	19	19
Not Designated as Hedging Instruments | Foreign Exchange Contracts | Other Assets
Fair Value of Derivative Instruments
Total derivative assets	108	60
Not Designated as Hedging Instruments | Foreign Exchange Contracts | Accounts Payable and Accrued Expenses
Fair Value of Derivative Instruments
Total derivative liabilities	26	43
Not Designated as Hedging Instruments | Cross-Currency Interest Rate Contracts | Other Assets
Fair Value of Derivative Instruments
Total derivative assets	6	$ 10
Not Designated as Hedging Instruments | Cross-Currency Interest Rate Contracts | Accounts Payable and Accrued Expenses
Fair Value of Derivative Instruments
Total derivative liabilities	$ 1

DERIVATIVE INSTRUMENTS - Gains

DERIVATIVE INSTRUMENTS - Gains (Losses) on Statement of Consolidated Income (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Classification and gains (losses) including accrued interest expense related to derivative instruments
Not designated as hedges, gains (losses)	$ (107)	$ 58	$ 384
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)	4	(3)	(16)
Interest Rate Contracts | Interest Expense
Classification and gains (losses) including accrued interest expense related to derivative instruments
Fair value hedges, gains (losses)	(205)	153	277
Not designated as hedges, gains (losses)	11	(1)	(17)
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)	(2)	(7)	(12)
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)	(1)	1	4
Foreign Exchange Contracts | Cost of Sales
Classification and gains (losses) including accrued interest expense related to derivative instruments
Not designated as hedges, gains (losses)	(12)	(15)	97
Foreign Exchange Contracts | Other Operating Expense
Classification and gains (losses) including accrued interest expense related to derivative instruments
Not designated as hedges, gains (losses)	(106)	74	304
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)	$ (1)	$ 1	$ 4

DERIVATIVE INSTRUMENTS - Counte

DERIVATIVE INSTRUMENTS - Counterparty Risk and Collateral (Details) - USD ($) $ in Millions	Oct. 29, 2017	Oct. 30, 2016
DERIVATIVE INSTRUMENTS
Fair value of derivatives with credit-risk-related contingent features in a liability position	$ 132	$ 29
Derivative Assets
Gross amounts recognized	235	375
Netting arrangements	(65)	(32)
Collateral received		(6)
Net amount	170	337
Derivative Liabilities
Gross amounts recognized	158	72
Netting arrangements	(65)	(32)
Net amount	$ 93	$ 40

SEGMENT AND GEOGRAPHIC AREA 128

SEGMENT AND GEOGRAPHIC AREA DATA - Segment Net Sales and Revenues (Details) $ in Millions	3 Months Ended								12 Months Ended
	Oct. 29, 2017USD ($)	Jul. 30, 2017USD ($)	Apr. 30, 2017USD ($)	Jan. 29, 2017USD ($)	Oct. 30, 2016USD ($)	Jul. 31, 2016USD ($)	May 01, 2016USD ($)	Jan. 31, 2016USD ($)	Oct. 29, 2017USD ($)item	Oct. 30, 2016USD ($)	Nov. 01, 2015USD ($)
Operating Segments
Number of major business segments | item									3
Net Sales and Revenues
Total net sales	$ 7,094	$ 6,833	$ 7,260	$ 4,698	$ 5,650	$ 5,861	$ 7,107	$ 4,769	$ 25,885.1	$ 23,387.3	$ 25,775.2
Total	$ 8,018	$ 7,808	$ 8,287	$ 5,625	$ 6,520	$ 6,724	$ 7,875	$ 5,525	29,737.7	26,644	28,862.8
Other Revenues
Net Sales and Revenues
Total									918	563	497
Agriculture and Turf
Net Sales and Revenues
Intersegment sales and revenues									39	31	49
Total net sales									20,167	18,487	19,812
Construction and Forestry
Net Sales and Revenues
Intersegment sales and revenues									1	1	1
Total net sales									5,718	4,900	5,963
Financial Services
Net Sales and Revenues
Intersegment sales and revenues									244	225	225
Total									$ 2,935	$ 2,694	$ 2,591

SEGMENT AND GEOGRAPHIC AREA 129

SEGMENT AND GEOGRAPHIC AREA DATA - Segment Operating Profit (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Oct. 29, 2017	Jul. 30, 2017	Apr. 30, 2017	Jan. 29, 2017	Oct. 30, 2016	Jul. 31, 2016	May 01, 2016	Jan. 31, 2016	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Operating Profit (Loss)
Operating profit (loss)									$ 3,543	$ 2,589	$ 3,140
Interest income									1,575	1,471	1,511
Interest expense									(899.5)	(763.7)	(680)
Income taxes									(971.1)	(700.1)	(840.1)
Net Income									2,159.2	1,521.5	1,940.9
Less: Net income (loss) attributable to noncontrolling interests									0.1	(2.4)	0.9
Net Income Attributable to Deere & Company	$ 510	$ 642	$ 808	$ 199	$ 285	$ 489	$ 496	$ 254	2,159.1	1,523.9	1,940
Agriculture and Turf
Operating Profit (Loss)
Operating profit (loss)									2,484	1,700	1,649
Construction and Forestry
Operating Profit (Loss)
Operating profit (loss)									337	180	528
Financial Services
Operating Profit (Loss)
Operating profit (loss)									722	709	963
Corporate
Operating Profit (Loss)
Interest income									55	48	61
Interest expense									(264)	(251)	(273)
Foreign exchange gain (loss) from equipment operations' financing activities									(12)	(12)	13
Corporate expenses - net									(192)	(153)	(160)
Income taxes									(971)	(700)	(840)
Total									$ (1,384)	$ (1,068)	$ (1,199)

SEGMENT AND GEOGRAPHIC AREA 130

SEGMENT AND GEOGRAPHIC AREA DATA - Segment Interest Income and Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Operating Segments
Interest income	$ 1,575	$ 1,471	$ 1,511
Interest expense	899.5	763.7	680
Operating Segment | Agriculture and Turf
Operating Segments
Interest income	16	12	14
Interest expense	182	173	160
Operating Segment | Construction and Forestry
Operating Segments
Interest income	1	1	2
Interest expense	53	44	45
Operating Segment | Financial Services
Operating Segments
Interest income	1,771	1,650	1,687
Interest expense	669	536	455
Corporate
Operating Segments
Interest income	55	48	61
Interest expense	264	251	273
Intercompany Eliminations
Operating Segments
Interest income	(268)	(240)	(253)
Interest expense	$ (268)	$ (240)	$ (253)

SEGMENT AND GEOGRAPHIC AREA 131

SEGMENT AND GEOGRAPHIC AREA DATA - Segment Other Disclosures (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Operating Segments
Depreciation and amortization expense	$ 1,715.5	$ 1,559.8	$ 1,382.4
Equity in income (loss) of unconsolidated affiliates	(23.5)	(2.4)	0.9
Identifiable operating assets	65,786.3	57,918.5	57,883
Capital additions	602	674	666
Investments in unconsolidated affiliates	182.5	232.6	303
Agriculture and Turf
Operating Segments
Depreciation and amortization expense	695	667	659
Equity in income (loss) of unconsolidated affiliates	2	9	7
Identifiable operating assets	9,359	8,405	8,332
Capital additions	485	556	522
Investments in unconsolidated affiliates	25	56	116
Construction and Forestry
Operating Segments
Depreciation and amortization expense	145	136	133
Equity in income (loss) of unconsolidated affiliates	(27)	(13)	(7)
Identifiable operating assets	3,212	3,017	3,295
Capital additions	114	115	138
Investments in unconsolidated affiliates	143	165	177
Financial Services
Operating Segments
Depreciation and amortization expense	876	757	590
Equity in income (loss) of unconsolidated affiliates	1	2	1
Identifiable operating assets	42,596	40,837	40,866
Capital additions	3	3	6
Investments in unconsolidated affiliates	14	12	10
Corporate
Operating Segments
Identifiable operating assets	$ 10,619	$ 5,659	$ 5,390

SEGMENT AND GEOGRAPHIC AREA 132

SEGMENT AND GEOGRAPHIC AREA DATA - Geographic Areas Net Sales and Revenue and Operating Profit (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Oct. 29, 2017	Jul. 30, 2017	Apr. 30, 2017	Jan. 29, 2017	Oct. 30, 2016	Jul. 31, 2016	May 01, 2016	Jan. 31, 2016	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Geographic Area Information
Net sales	$ 7,094	$ 6,833	$ 7,260	$ 4,698	$ 5,650	$ 5,861	$ 7,107	$ 4,769	$ 25,885.1	$ 23,387.3	$ 25,775.2
Revenues	$ 8,018	$ 7,808	$ 8,287	$ 5,625	$ 6,520	$ 6,724	$ 7,875	$ 5,525	29,737.7	26,644	28,862.8
Operating profit (loss)									3,543	2,589	3,140
Equipment Operations
Geographic Area Information
Net sales									25,885.1	23,387.3	25,775.2
Revenues									27,021.8	24,102.1	26,454.9
Financial Services
Geographic Area Information
Revenues									3,179.1	2,919.1	2,815.9
U.S. and Canada:
Geographic Area Information
Revenues									17,557	16,742	18,750
Operating profit (loss)									$ 2,247	1,856	2,445
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: | Equipment Operations
Geographic Area Information
Net sales									$ 15,031	14,376	16,498
Approximate percentage of net sales and revenues that relates to the U.S. only, based on three-year average									88.00%
Operating profit (loss)									$ 1,724	1,305	1,643
U.S. and Canada: | Financial Services
Geographic Area Information
Revenues									$ 2,526	2,366	2,252
Approximate percentage of net sales and revenues that relates to the U.S. only, based on three-year average									79.00%
Operating profit (loss)									$ 523	551	802
Outside U.S. and Canada:
Geographic Area Information
Revenues									11,263	9,339	9,616
Operating profit (loss)									1,296	733	695
Outside U.S. and Canada: | Equipment Operations
Geographic Area Information
Net sales									10,854	9,011	9,277
Operating profit (loss)									1,097	575	534
Outside U.S. and Canada: | Financial Services
Geographic Area Information
Revenues									409	328	339
Operating profit (loss)									199	158	161
Other Revenues
Geographic Area Information
Revenues									$ 918	$ 563	$ 497

SEGMENT AND GEOGRAPHIC AREA 133

SEGMENT AND GEOGRAPHIC AREA DATA - Geographic Areas Property and Equipment (Details) - USD ($) $ in Millions	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Geographic Area Information
Property and equipment	$ 5,067.7	$ 5,170.6	$ 5,181
U.S.
Geographic Area Information
Property and equipment	2,976	3,077	3,098
Germany
Geographic Area Information
Property and equipment	598	569	568
Other Countries
Geographic Area Information
Property and equipment	$ 1,494	$ 1,525	$ 1,515

SUPPLEMENTAL INFORMATION (UN134

SUPPLEMENTAL INFORMATION (UNAUDITED) (Details) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Oct. 29, 2017USD ($)item$ / shares	Jul. 30, 2017USD ($)$ / shares	Apr. 30, 2017USD ($)$ / shares	Jan. 29, 2017USD ($)$ / shares	Oct. 30, 2016USD ($)$ / shares	Jul. 31, 2016USD ($)$ / shares	May 01, 2016USD ($)$ / shares	Jan. 31, 2016USD ($)$ / shares	Oct. 29, 2017USD ($)item$ / shares	Oct. 30, 2016USD ($)$ / shares	Nov. 01, 2015USD ($)$ / shares
Market price of shares
Share price	$ 133.25								$ 133.25
Number of common stockholders
Number of holders of record of the company's $1 par value common stock | item	21,242								21,242
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 | $	$ 8,018	$ 7,808	$ 8,287	$ 5,625	$ 6,520	$ 6,724	$ 7,875	$ 5,525	$ 29,737.7	$ 26,644	$ 28,862.8
Net sales | $	7,094	6,833	7,260	4,698	5,650	5,861	7,107	4,769	25,885.1	23,387.3	25,775.2
Gross profit | $	1,668	1,568	1,815	901	1,267	1,367	1,575	929
Income before income taxes | $	767	890	1,169	328	435	705	733	351	3,153.8	2,224	2,780.1
Net income attributable to Deere & Company | $	$ 510	$ 642	$ 808	$ 199	$ 285	$ 489	$ 496	$ 254	$ 2,159.1	$ 1,523.9	$ 1,940
Per Share Data
Basic (in dollars per share)	$ 1.59	$ 2	$ 2.53	$ 0.63	$ 0.91	$ 1.55	$ 1.57	$ 0.80	$ 6.76	$ 4.83	$ 5.81
Diluted (in dollars per share)	1.57	1.97	2.50	0.62	0.90	1.55	1.56	0.80	6.68	4.81	5.77
Dividends declared (in dollars per share)	0.60	0.60	0.60	0.60	0.60	0.60	0.60	0.60	2.40	2.40	$ 2.40
Dividends paid (in dollars per share)	0.60	0.60	$ 0.60	$ 0.60	0.60	0.60	0.60	0.60
Previously Reported
Quarterly information with respect to net sales and revenues and earnings
Net income attributable to Deere & Company | $			$ 802	$ 194
Common Stock | Maximum
Market price of shares
Share price	133.25	128.91	$ 113.15	$ 108.06	88.09	87.48	85.68	80.19	133.25	88.09
Common Stock | Minimum
Market price of shares
Share price	$ 115.44	$ 110.79	$ 107.05	$ 88.06	$ 76.83	$ 77.71	$ 74.58	$ 71.78	$ 115.44	$ 76.83

SUBSEQUENT EVENTS - Quarterly D

SUBSEQUENT EVENTS - Quarterly Dividend (Details) - $ / shares	Dec. 06, 2017	Oct. 29, 2017	Jul. 30, 2017	Apr. 30, 2017	Jan. 29, 2017	Oct. 30, 2016	Jul. 31, 2016	May 01, 2016	Jan. 31, 2016	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Subsequent Events
Quarterly dividend declared (in dollars per share)		$ 0.60	$ 0.60	$ 0.60	$ 0.60	$ 0.60	$ 0.60	$ 0.60	$ 0.60	$ 2.40	$ 2.40	$ 2.40
Subsequent Event
Subsequent Events
Quarterly dividend declared (in dollars per share)	$ 0.60

SUBSEQUENT EVENTS - Acquisition

SUBSEQUENT EVENTS - Acquisition (Details) - Wirtgen Group Holding GmbH (Wirtgen) - Subsequent Event € in Millions, $ in Millions	1 Months Ended
	Dec. 24, 2017EUR (€)	Dec. 24, 2017USD ($)	Dec. 01, 2017item
Acquisition
Number of brands			6
Number of countries entity sells products			100
Number of employees			8,200
Cash purchase price	€ 4,475	$ 5,327

SUBSEQUENT EVENTS - Securitizat

SUBSEQUENT EVENTS - Securitization Borrowings (Details) - USD ($) $ in Millions	Nov. 26, 2017	Oct. 29, 2017	Oct. 30, 2016
Subsequent Events
Securitization borrowings		$ 4,118.7	$ 4,997.8
Financial Services
Subsequent Events
Securitization borrowings		$ 4,118.7	$ 4,997.8
Financial Services | Subsequent Event
Subsequent Events
Securitization borrowings	$ 985

SUPPLEMENTAL CONSOLIDATING D138

SUPPLEMENTAL CONSOLIDATING DATA - Income Statement (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Oct. 29, 2017	Jul. 30, 2017	Apr. 30, 2017	Jan. 29, 2017	Oct. 30, 2016	Jul. 31, 2016	May 01, 2016	Jan. 31, 2016	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Net Sales and Revenues
Net sales	$ 7,094	$ 6,833	$ 7,260	$ 4,698	$ 5,650	$ 5,861	$ 7,107	$ 4,769	$ 25,885.1	$ 23,387.3	$ 25,775.2
Finance and interest income									2,731.5	2,511.2	2,381.1
Other income									1,121.1	745.5	706.5
Total	8,018	7,808	8,287	5,625	6,520	6,724	7,875	5,525	29,737.7	26,644	28,862.8
Costs and Expenses
Cost of sales									19,933.5	18,248.9	20,143.2
Research and development expenses									1,367.7	1,389.1	1,425.1
Selling, administrative and general expenses									3,066.6	2,763.7	2,873.3
Interest expense									899.5	763.7	680
Other operating expenses									1,316.6	1,254.6	961.1
Total									26,583.9	24,420	26,082.7
Income of Consolidated Group before Income Taxes	767	890	1,169	328	435	705	733	351	3,153.8	2,224	2,780.1
Provision for income taxes									971.1	700.1	840.1
Income of Consolidated Group									2,182.7	1,523.9	1,940
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates
Net Income									2,159.2	1,521.5	1,940.9
Less: Net income (loss) attributable to noncontrolling interests									0.1	(2.4)	0.9
Net Income Attributable to Deere & Company	$ 510	$ 642	$ 808	$ 199	$ 285	$ 489	$ 496	$ 254	2,159.1	1,523.9	1,940
Equipment Operations
Net Sales and Revenues
Net sales									25,885.1	23,387.3	25,775.2
Finance and interest income									71.7	61.1	77
Other income									1,065	653.7	602.7
Total									27,021.8	24,102.1	26,454.9
Costs and Expenses
Cost of sales									19,935.2	18,250.8	20,145.2
Research and development expenses									1,367.7	1,389.1	1,425.1
Selling, administrative and general expenses									2,530.7	2,262.5	2,393.8
Interest expense									263.7	250.5	272.8
Interest compensation to Financial Services									234.5	216.6	204.8
Other operating expenses									257	215.7	195
Total									24,588.8	22,585.2	24,636.7
Income of Consolidated Group before Income Taxes									2,433	1,516.9	1,818.2
Provision for income taxes									726	459	509.9
Income of Consolidated Group									1,707	1,057.9	1,308.3
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates									452.2	463.6	632.6
Net Income									2,159.2	1,521.5	1,940.9
Less: Net income (loss) attributable to noncontrolling interests									0.1	(2.4)	0.9
Net Income Attributable to Deere & Company									2,159.1	1,523.9	1,940
Equipment Operations | Financial Services
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates									476.9	467.6	632.9
Equipment Operations | Other
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates									(24.7)	(4)	(0.3)
Financial Services
Net Sales and Revenues
Finance and interest income									2,928.2	2,690.1	2,557
Other income									250.9	229	258.9
Total									3,179.1	2,919.1	2,815.9
Costs and Expenses
Selling, administrative and general expenses									542.3	508.5	487.3
Interest expense									669.2	536.5	455
Other operating expenses									1,246.8	1,167	911.7
Total									2,458.3	2,212	1,854
Income of Consolidated Group before Income Taxes									720.8	707.1	961.9
Provision for income taxes									245.1	241.1	330.2
Income of Consolidated Group									475.7	466	631.7
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates									1.2	1.6	1.2
Net Income									476.9	467.6	632.9
Net Income Attributable to Deere & Company									476.9	467.6	632.9
Financial Services | Financial Services
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates									$ 1.2	$ 1.6	$ 1.2

SUPPLEMENTAL CONSOLIDATING D139

SUPPLEMENTAL CONSOLIDATING DATA - Balance Sheet (Details) - USD ($) $ / shares in Units, $ in Millions	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015	Nov. 02, 2014
ASSETS
Cash and cash equivalents	$ 9,334.9	$ 4,335.8	$ 4,162.2	$ 3,787
Marketable securities	451.6	453.5
Receivables from unconsolidated subsidiaries and affiliates	35.9	16.5
Trade accounts and notes receivable - net	3,924.9	3,011.3
Financing receivables - net	25,104.1	23,702.3
Financing receivables securitized - net	4,158.8	5,126.5
Other receivables	1,200	1,018.5
Equipment on operating leases - net	6,593.7	5,901.5
Inventories	3,904.1	3,340.5
Property and equipment - net	5,067.7	5,170.6	5,181
Investments in unconsolidated subsidiaries and affiliates	182.5	232.6	303
Goodwill	1,033.3	815.7	726
Other intangible assets - net	218	104.1
Retirement benefits	538.2	93.6
Deferred income taxes	2,415	2,964.4
Other assets	1,623.6	1,631.1
Total Assets	65,786.3	57,918.5	57,883
LIABILITIES
Short-term borrowings	10,035.3	6,910.7
Short-term securitization borrowings	4,118.7	4,997.8
Payables to unconsolidated subsidiaries and affiliates	121.9	81.6
Accounts payable and accrued expenses	8,417	7,240.1
Deferred income taxes	209.7	166
Long-term borrowings	25,891.3	23,703
Retirement benefits and other liabilities	7,417.9	8,274.5
Total liabilities	56,211.8	51,373.7
Commitments and contingencies (Note 22)
Redeemable noncontrolling interest (Note 4)	14	14
STOCKHOLDERS' EQUITY
Common stock, $1 par value (authorized - 1,200,000,000 shares; issued - 536,431,204 shares in 2017 and 2016), at paid-in amount	$ 4,280.5	$ 3,911.8	$ 3,826	$ 3,675
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, 214,589,902 shares in 2017 and 221,663,380 shares in 2016, at cost	$ (15,460.8)	$ (15,677.1)
Common stock in treasury (in shares)	214,589,902	221,663,380
Retained earnings	$ 25,301.3	$ 23,911.3
Accumulated other comprehensive income (loss)	(4,563.7)	(5,626)
Total Deere & Company stockholders' equity	9,557.3	6,520
Noncontrolling interests	3.2	10.8
Total stockholders' equity	9,560.5	6,530.8	$ 6,757.6	$ 9,065.5
Total Liabilities and Stockholders' Equity	65,786.3	57,918.5
Equipment Operations
ASSETS
Cash and cash equivalents	8,168.4	3,140.5	2,900	2,569.2
Marketable securities	20.2	34.2
Receivables from unconsolidated subsidiaries and affiliates	1,032.1	3,150.1
Trade accounts and notes receivable - net	876.3	654.2
Financing receivables - net		0.4
Other receivables	1,045.6	855.4
Inventories	3,904.1	3,340.5
Property and equipment - net	5,017.3	5,118.5
Investments in unconsolidated subsidiaries and affiliates	4,812.3	4,697
Goodwill	1,033.3	815.7
Other intangible assets - net	218	104.1
Retirement benefits	538.1	93.6
Deferred income taxes	3,098.8	3,556
Other assets	973.9	834.9
Total Assets	30,738.4	26,395.1
LIABILITIES
Short-term borrowings	375.5	249
Payables to unconsolidated subsidiaries and affiliates	121.9	81.5
Accounts payable and accrued expenses	7,718.1	6,661.2
Deferred income taxes	115.6	87.3
Long-term borrowings	5,490.9	4,565.3
Retirement benefits and other liabilities	7,341.9	8,206
Total liabilities	21,163.9	19,850.3
Commitments and contingencies (Note 22)
Redeemable noncontrolling interest (Note 4)	14	14
STOCKHOLDERS' EQUITY
Common stock, $1 par value (authorized - 1,200,000,000 shares; issued - 536,431,204 shares in 2017 and 2016), at paid-in amount	$ 4,280.5	$ 3,911.8
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, 214,589,902 shares in 2017 and 221,663,380 shares in 2016, at cost	$ (15,460.8)	$ (15,677.1)
Common stock in treasury (in shares)	214,589,902	221,663,380
Retained earnings	$ 25,301.3	$ 23,911.3
Accumulated other comprehensive income (loss)	(4,563.7)	(5,626)
Total Deere & Company stockholders' equity	9,557.3	6,520
Noncontrolling interests	3.2	10.8
Total stockholders' equity	9,560.5	6,530.8
Total Liabilities and Stockholders' Equity	30,738.4	26,395.1
Financial Services
ASSETS
Cash and cash equivalents	1,166.5	1,195.3	$ 1,262.2	$ 1,217.8
Marketable securities	431.4	419.3
Trade accounts and notes receivable - net	4,134.1	3,370.5
Financing receivables - net	25,104.1	23,701.9
Financing receivables securitized - net	4,158.8	5,126.5
Other receivables	195.5	164
Equipment on operating leases - net	6,593.7	5,901.5
Property and equipment - net	50.4	52.1
Investments in unconsolidated subsidiaries and affiliates	13.8	11.9
Retirement benefits	16.9	20.5
Deferred income taxes	79.8	75.5
Other assets	651.4	798.1
Total Assets	42,596.4	40,837.1
LIABILITIES
Short-term borrowings	9,659.8	6,661.7
Short-term securitization borrowings	4,118.7	4,997.8
Payables to unconsolidated subsidiaries and affiliates	996.2	3,133.6
Accounts payable and accrued expenses	1,827.1	1,595.2
Deferred income taxes	857.7	745.9
Long-term borrowings	20,400.4	19,137.7
Retirement benefits and other liabilities	92.9	89
Total liabilities	37,952.8	36,360.9
Commitments and contingencies (Note 22)
STOCKHOLDERS' EQUITY
Common stock, $1 par value (authorized - 1,200,000,000 shares; issued - 536,431,204 shares in 2017 and 2016), at paid-in amount	$ 2,099.1	$ 2,079.1
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	$ 2,782	$ 2,670.3
Accumulated other comprehensive income (loss)	(237.5)	(273.2)
Total Deere & Company stockholders' equity	4,643.6	4,476.2
Total stockholders' equity	4,643.6	4,476.2
Total Liabilities and Stockholders' Equity	$ 42,596.4	$ 40,837.1

SUPPLEMENTAL CONSOLIDATING D140

SUPPLEMENTAL CONSOLIDATING DATA - Statement of Cash Flows (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Cash Flows from Operating Activities
Net income (loss)	$ 2,159.2	$ 1,521.5	$ 1,940.9
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Provision (credit) for credit losses	98.3	94.3	55.4
Provision for depreciation and amortization	1,715.5	1,559.8	1,382.4
Impairment charges	39.8	85.1	34.8
Gain on sale of unconsolidated affiliates and investments	(375.1)	(74.5)
Undistributed earnings of unconsolidated subsidiaries and affiliates	(14.4)	(1.9)	(1)
Provision (credit) for deferred income taxes	100.1	282.7	(18.4)
Changes in assets and liabilities:
Trade receivables	(838.9)	335.2	811.6
Insurance receivables			333.4
Inventories	(1,305.3)	(106.1)	(691.4)
Accounts payable and accrued expenses	968	(155.2)	(503.6)
Accrued income taxes payable/receivable	(84.2)	7	(119.1)
Retirement benefits	(31.9)	238.6	427.5
Other	(299.4)	(87.4)	40.2
Net cash provided by (used for) operating activities	2,199.8	3,769.7	3,758.8
Cash Flows from Investing Activities
Proceeds from maturities and sales of marketable securities	404.2	169.4	860.7
Proceeds from sales of equipment on operating leases	1,440.8	1,256.2	1,049.4
Proceeds from sales of businesses and unconsolidated affiliates, net of cash sold	113.9	81.1	149.2
Purchases of marketable securities	(118)	(171.2)	(154.9)
Purchases of property and equipment	(594.9)	(644.4)	(694)
Cost of equipment on operating leases acquired	(1,997.4)	(2,310.7)	(2,132.1)
Acquisitions of businesses, net of cash acquired	(284.2)	(198.5)
Other	(58)	(16)	(60.2)
Net cash provided by (used for) investing activities	(1,644.3)	(1,177.2)	(1,058.7)
Cash Flows from Financing Activities
Increase (decrease) in total short-term borrowings	1,310.6	(1,213.6)	501.6
Proceeds from long-term borrowings	8,702.2	5,070.7	5,711
Payments of long-term borrowings	(5,397)	(5,267.6)	(4,863.2)
Proceeds from issuance of common stock	528.7	36	172.1
Repurchases of common stock	(6.2)	(205.4)	(2,770.7)
Dividends paid	(764)	(761.3)	(816.3)
Other	(87.8)	(64.7)	(72.1)
Net cash provided by (used for) financing activities	4,286.5	(2,405.9)	(2,137.6)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	157.1	(13)	(187.3)
Net Increase (Decrease) in Cash and Cash Equivalents	4,999.1	173.6	375.2
Cash and Cash Equivalents at Beginning of Year	4,335.8	4,162.2	3,787
Cash and Cash Equivalents at End of Year	9,334.9	4,335.8	4,162.2
Equipment Operations
Cash Flows from Operating Activities
Net income (loss)	2,159.2	1,521.5	1,940.9
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Provision (credit) for credit losses	9.9	8.2	5.5
Provision for depreciation and amortization	839.3	803.4	791.8
Impairment charges	39.8	25.4	15.3
Gain on sale of unconsolidated affiliates and investments	(375.1)	(74.5)
Undistributed earnings of unconsolidated subsidiaries and affiliates	(125)	94	46.6
Provision (credit) for deferred income taxes	(6.7)	13.2	(139.8)
Changes in assets and liabilities:
Trade receivables	(243.9)	(175.3)	113.4
Inventories	(504.3)	578.4	(17)
Accounts payable and accrued expenses	946.2	(169.6)	(253.8)
Accrued income taxes payable/receivable	(122.7)	18.2	(114.5)
Retirement benefits	(39.2)	232.4	414.3
Other	(139.5)	36.5	271.1
Net cash provided by (used for) operating activities	2,438	2,911.8	3,073.8
Cash Flows from Investing Activities
Proceeds from maturities and sales of marketable securities	297.9	81.9	700.1
Proceeds from sales of businesses and unconsolidated affiliates, net of cash sold	113.9	81.1
Purchases of marketable securities		(59.4)	(60)
Purchases of property and equipment	(591.4)	(641.8)	(688.1)
Increase in investment in Financial Services	(20)	(28.2)	(27.4)
Acquisitions of businesses, net of cash acquired	(284.2)	(198.5)
Other	(32.7)	(55.2)	6.8
Net cash provided by (used for) investing activities	(516.5)	(820.1)	(68.6)
Cash Flows from Financing Activities
Increase (decrease) in total short-term borrowings	64.5	(207.2)	211.9
Change in intercompany receivables/payables	2,142	(756)	928.6
Proceeds from long-term borrowings	1,107	173.4	6.2
Payments of long-term borrowings	(66.3)	(72.8)	(214.2)
Proceeds from issuance of common stock	528.7	36	172.1
Repurchases of common stock	(6.2)	(205.4)	(2,770.7)
Dividends paid	(764)	(761.3)	(816.3)
Other	(54.4)	(36.7)	(45.4)
Net cash provided by (used for) financing activities	2,951.3	(1,830)	(2,527.8)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	155.1	(21.2)	(146.6)
Net Increase (Decrease) in Cash and Cash Equivalents	5,027.9	240.5	330.8
Cash and Cash Equivalents at Beginning of Year	3,140.5	2,900	2,569.2
Cash and Cash Equivalents at End of Year	8,168.4	3,140.5	2,900
Financial Services
Cash Flows from Operating Activities
Net income (loss)	476.9	467.6	632.9
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Provision (credit) for credit losses	88.4	86.1	49.9
Provision for depreciation and amortization	984.3	846.7	688.5
Impairment charges		59.7	19.5
Undistributed earnings of unconsolidated subsidiaries and affiliates	(1.1)	(1.5)	(1)
Provision (credit) for deferred income taxes	106.8	269.5	121.4
Changes in assets and liabilities:
Insurance receivables			333.4
Accounts payable and accrued expenses	93.9	40.6	(245.4)
Accrued income taxes payable/receivable	38.5	(11.2)	(4.6)
Retirement benefits	7.3	6.2	13.2
Other	81.5	97.1	(25.7)
Net cash provided by (used for) operating activities	1,876.5	1,860.8	1,582.1
Cash Flows from Investing Activities
Collections of receivables (excluding trade and wholesale)	15,963.2	15,831.4	16,266.1
Proceeds from maturities and sales of marketable securities	106.3	87.5	160.6
Proceeds from sales of equipment on operating leases	1,440.8	1,256.2	1,049.4
Proceeds from sales of businesses and unconsolidated affiliates, net of cash sold			149.2
Cost of receivables acquired (excluding trade and wholesale)	(16,799.9)	(15,168.2)	(16,327.8)
Purchases of marketable securities	(118)	(111.8)	(94.9)
Purchases of property and equipment	(3.5)	(2.6)	(5.9)
Cost of equipment on operating leases acquired	(3,079.8)	(3,235.7)	(3,043.6)
Decrease (increase) in trade and wholesale receivables	(379.9)	492.5	657
Other	(26.5)	24.6	(45.1)
Net cash provided by (used for) investing activities	(2,897.3)	(826.1)	(1,235)
Cash Flows from Financing Activities
Increase (decrease) in total short-term borrowings	1,246.1	(1,006.4)	289.7
Change in intercompany receivables/payables	(2,142)	756	(928.6)
Proceeds from long-term borrowings	7,595.2	4,897.3	5,704.8
Payments of long-term borrowings	(5,330.7)	(5,194.8)	(4,649)
Capital investment from Equipment Operations	20	28.2	27.4
Dividends paid	(365.2)	(562.1)	(679.6)
Other	(33.4)	(28)	(26.7)
Net cash provided by (used for) financing activities	990	(1,109.8)	(262)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	2	8.2	(40.7)
Net Increase (Decrease) in Cash and Cash Equivalents	(28.8)	(66.9)	44.4
Cash and Cash Equivalents at Beginning of Year	1,195.3	1,262.2	1,217.8
Cash and Cash Equivalents at End of Year	$ 1,166.5	$ 1,195.3	$ 1,262.2

SCHEDULE II - VALUATION AND 141

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 29, 2017	Oct. 30, 2016	Nov. 01, 2015
Consolidated Receivable Allowances
Allowance for credit losses:
Balance at beginning of period	$ 226,233	$ 198,444	$ 230,178
Charged to costs and expenses	98,622	95,255	52,923
Charged to other accounts	41,255	42,791	26,333
Deductions	122,630	110,257	110,990
Balance at end of period	243,480	226,233	198,444
Trade Receivable Allowances | Equipment Operations
Allowance for credit losses:
Balance at beginning of period	44,913	34,891	50,248
Charged to costs and expenses	10,145	8,132	5,270
Charged to other accounts - bad debt recoveries	319	294	116
Charged to other accounts - other (primarily translation)		4,669
Deductions - receivable write-offs	3,398	3,073	5,260
Deductions - Other (primarily translation)	1,755		15,483
Balance at end of period	50,224	44,913	34,891
Trade Receivable Allowances | Financial Services
Allowance for credit losses:
Balance at beginning of period	4,880	5,932	5,298
Charged to costs and expenses	952	2,893	1,172
Charged to other accounts - bad debt recoveries	53	81	230
Charged to other accounts - other (primarily translation)	48	47
Deductions - receivable write-offs	239	4,073	329
Deductions - Other (primarily translation)			439
Balance at end of period	5,694	4,880	5,932
Financing Receivable Allowances | Financial Services
Allowance for credit losses:
Balance at beginning of period	176,440	157,621	174,632
Charged to costs and expenses	87,525	84,230	46,481
Charged to other accounts - bad debt recoveries	40,835	30,838	25,987
Charged to other accounts - other (primarily translation)		6,862
Deductions - receivable write-offs	115,895	103,111	66,807
Deductions - Other (primarily translation)	1,343		22,672
Balance at end of period	$ 187,562	$ 176,440	$ 157,621