Exhibit 99.3
Additional Supplemental Data
Second Quarter 2006
|
|
|
| Diluted |
| ||
|
| (In Millions) |
| EPS |
| ||
|
|
|
|
|
| ||
Net income, as reported |
| $ | 744.6 |
| $ | 3.13 |
|
Less income from discontinued operations (Health Care) |
| 227.6 |
| 0.96 |
| ||
Income from continuing operations |
| 517.0 |
| 2.17 |
| ||
Other special items: |
|
|
|
|
| ||
Expenses related to tender offer for debt securities |
| 44.2 |
| 0.19 |
| ||
Expenses related to Woodstock factory closing |
| 2.8 |
| 0.01 |
| ||
Income from continuing operations, excluding special items |
| $ | 564.0 |
| $ | 2.37 |
|
• NOTE: Due to the magnitude of the amounts for the items listed above either in the quarter or anticipated for the year, management believes the above additional supplemental data provides valuable insight into the operating performance for the second quarter of 2006. Management believes this presentation will enhance the reader’s understanding of the impact of these items on Deere & Company’s performance during the quarter. Management does not intend this presentation to be considered in isolation or as a substitute for the related measures under accounting principles generally accepted in the U.S.
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Additional Supplemental Data
Fiscal Year 2006 Earnings Forecast
|
| Approximate $ |
| |
|
| (In Millions) |
| |
FY 2006 net income forecast, per second quarter earnings release |
| $ | 1,700 |
|
Less income from discontinued operations (Health Care) |
| 240 |
| |
Income forecast from continuing operations |
| 1,460 |
| |
Other special items: |
|
|
| |
Expenses related to tender offer for debt securities |
| 44 |
| |
Anticipated expenses related to Woodstock factory closing |
| 35 |
| |
Income forecast from continuing operations excluding special items |
| $ | 1,539 |
|
• NOTE: Deere & Company management believes the above additional supplemental data provides valuable insight into the components of anticipated operating performance for fiscal year 2006. Management believes this presentation will enhance the reader’s understanding of the impact of these items on Deere & Company’s anticipated operating performance for the year. Management does not intend this presentation to be considered in isolation or as a substitute for the related measures under accounting principles generally accepted in the U.S.
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