Deere & Company (DE) 10-Q 27 Aug 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - Jul. 31, 2015 - shares	Total
Document and Entity Information
Entity Registrant Name	DEERE & CO
Entity Central Index Key	315,189
Document Type	10-Q
Document Period End Date	Jul. 31, 2015
Amendment Flag	false
Current Fiscal Year End Date	--10-31
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	328,166,270
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3

STATEMENT OF CONSOLIDATED INCOM

STATEMENT OF CONSOLIDATED INCOME - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Net Sales and Revenues
Net sales	$ 6,839.5	$ 8,723	$ 19,843.1	$ 24,917.8
Finance and interest income	596.7	573.5	1,766.7	1,649
Other income	157.5	203.7	537.7	535.3
Total	7,593.7	9,500.2	22,147.5	27,102.1
Costs and Expenses
Cost of sales	5,358	6,611.3	15,472.8	18,678.7
Research and development expenses	346.8	362.1	1,021.1	1,039.9
Selling, administrative and general expenses	755.3	820.7	2,154.2	2,433
Interest expense	171.5	153.9	517.1	491.5
Other operating expenses	223.6	260	659.1	738.1
Total	6,855.2	8,208	19,824.3	23,381.2
Income of Consolidated Group before Income Taxes	738.5	1,292.2	2,323.2	3,720.9
Provision for income taxes	241	450.2	735.6	1,209.6
Income of Consolidated Group	497.5	842	1,587.6	2,511.3
Equity in income of unconsolidated affiliates	14.2	8.9	1.8	2.2
Net Income	511.7	850.9	1,589.4	2,513.5
Less: Net income attributable to noncontrolling interests	0.1	0.2	0.6	1
Net Income Attributable to Deere & Company	$ 511.6	$ 850.7	$ 1,588.8	$ 2,512.5
Per Share Data
Basic (in dollars per share)	$ 1.54	$ 2.35	$ 4.71	$ 6.85
Diluted (in dollars per share)	$ 1.53	$ 2.33	$ 4.67	$ 6.79
Average Shares Outstanding
Basic (in shares)	331.4	361.9	337.3	366.8
Diluted (in shares)	334.1	365.1	339.9	370.1

STATEMENT OF CONSOLIDATED COMPR

STATEMENT OF CONSOLIDATED COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
STATEMENT OF CONSOLIDATED COMPREHENSIVE INCOME
Net Income	$ 511.7	$ 850.9	$ 1,589.4	$ 2,513.5
Other Comprehensive Income (Loss), Net of Income Taxes
Retirement benefits adjustment	41.3	37.3	104.5	125
Cumulative translation adjustment	(255.9)	(24.5)	(832.9)	(86)
Unrealized gain (loss) on derivatives	(0.8)	1.8	(1)	4.1
Unrealized gain on investments	1.5	4.2	4.6	5.3
Other Comprehensive Income (Loss), Net of Income Taxes	(213.9)	18.8	(724.8)	48.4
Comprehensive Income of Consolidated Group	297.8	869.7	864.6	2,561.9
Less: Comprehensive income attributable to noncontrolling interests	0	0.2	0.2	1
Comprehensive Income Attributable to Deere & Company	$ 297.8	$ 869.5	$ 864.4	$ 2,560.9

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Jul. 31, 2015	Oct. 31, 2014	Jul. 31, 2014	Oct. 31, 2013
Assets
Cash and cash equivalents	$ 4,130.8	$ 3,787	$ 3,034.7	$ 3,504
Marketable securities	421.1	1,215.1	1,489.4
Receivables from unconsolidated affiliates	43.2	30.2	33.3
Trade accounts and notes receivable - net	4,220.4	3,277.6	4,551.8
Financing receivables - net	24,973.4	27,422.2	27,079.9
Financing receivables securitized - net	4,737.8	4,602.3	4,264.2
Other receivables	823.1	1,500.3	1,193.1
Equipment on operating leases - net	4,426	4,015.5	3,580
Inventories	4,319	4,209.7	5,439
Property and equipment - net	5,126.4	5,577.8	5,385.5
Investments in unconsolidated affiliates	310.6	303.2	310.2
Goodwill	715.9	791.2	829.8	845
Other intangible assets - net	57.8	68.8	69.4
Retirement benefits	335	262	611.7
Deferred income taxes	2,705	2,776.6	2,564
Other assets	1,586.7	1,496.9	1,312.5
Total Assets	58,932.2	61,336.4	61,748.5
Liabilities and Stockholders' Equity
Short-term borrowings	9,347.9	8,019.2	8,580.8
Short-term securitization borrowings	4,595.4	4,558.5	4,142.8
Payables to unconsolidated affiliates	73.7	101	90.4
Accounts payable and accrued expenses	7,235.8	8,554.1	8,432.9
Deferred income taxes	150.9	160.9	160.1
Long-term borrowings	23,200.9	24,380.7	24,035.5
Retirement benefits and other liabilities	6,602.6	6,496.5	5,473.5
Total liabilities	$ 51,207.2	$ 52,270.9	$ 50,916
Commitments and contingencies (Note 14)
Common stock, $1 par value (issued shares at July 31, 2015 - 536,431,204)	$ 3,806.5	$ 3,675.4	$ 3,652.8
Common stock in treasury	(14,562.5)	(12,834.2)	(11,742.7)
Retained earnings	22,986.5	22,004.4	21,564.6
Accumulated other comprehensive income (loss)	(4,507.4)	(3,783)	(2,644.7)
Total Deere & Company stockholders' equity	7,723.1	9,062.6	10,830
Noncontrolling interests	1.9	2.9	2.5
Total stockholders' equity	7,725	9,065.5	10,832.5	$ 10,267.7
Total Liabilities and Stockholders' Equity	$ 58,932.2	$ 61,336.4	$ 61,748.5

CONDENSED CONSOLIDATED BALANCE5

CONDENSED CONSOLIDATED BALANCE SHEET (Parenthetical) - Jul. 31, 2015 - $ / shares	Total
CONDENSED CONSOLIDATED BALANCE SHEET
Common stock, par value (in dollars per share)	$ 1
Common stock, issued shares	536,431,204

STATEMENT OF CONSOLIDATED CASH

STATEMENT OF CONSOLIDATED CASH FLOWS - USD ($) $ in Millions	9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014
Cash Flows from Operating Activities
Net income	$ 1,589.4	$ 2,513.5
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	35.4	29.6
Provision for depreciation and amortization	1,029.2	957.4
Impairment charges		62.3
Share-based compensation expense	47.7	60.6
Undistributed earnings of unconsolidated affiliates	(5.2)	(2.3)
Provision (credit) for deferred income taxes	73	(249.1)
Changes in assets and liabilities:
Trade, notes and financing receivables related to sales	(598)	(1,679.3)
Insurance receivables	333.4	35.5
Inventories	(941.5)	(1,102.9)
Accounts payable and accrued expenses	(594.6)	(313.6)
Accrued income taxes payable/receivable	(58.1)	207.3
Retirement benefits	293.4	215
Other	(12.3)	(51.9)
Net cash provided by operating activities	1,191.8	682.1
Cash Flows from Investing Activities
Collections of receivables (excluding receivables related to sales)	11,517.9	11,586.6
Proceeds from maturities and sales of marketable securities	833	718.7
Proceeds from sales of equipment on operating leases	773.7	803.3
Proceeds from sales of businesses, net of cash sold	149.2	339.8
Cost of receivables acquired (excluding receivables related to sales)	(11,162.9)	(12,664.2)
Purchases of marketable securities	(100.8)	(585.5)
Purchases of property and equipment	(461.4)	(640.9)
Cost of equipment on operating leases acquired	(1,355.7)	(1,049.5)
Other	(23.4)	(75.6)
Net cash provided by (used for) investing activities	169.6	(1,567.3)
Cash Flows from Financing Activities
Increase (decrease) in total short-term borrowings	1,805.2	(76.7)
Proceeds from long-term borrowings	3,639.8	6,672.2
Payments of long-term borrowings	(3,980.1)	(4,079.8)
Proceeds from issuance of common stock	170.4	138.8
Repurchases of common stock	(1,833.9)	(1,631.1)
Dividends paid	(617.9)	(568.6)
Excess tax benefits from share-based compensation	18.5	28.5
Other	(56.9)	(50.4)
Net cash provided by (used for) financing activities	(854.9)	432.9
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(162.7)	(17)
Net Increase (Decrease) in Cash and Cash Equivalents	343.8	(469.3)
Cash and Cash Equivalents at Beginning of Period	3,787	3,504
Cash and Cash Equivalents at End of Period	$ 4,130.8	$ 3,034.7

STATEMENT OF CHANGES IN CONSOLI

STATEMENT OF CHANGES IN CONSOLIDATED STOCKHOLDERS' EQUITY - USD ($) $ in Millions	Common Stock	Treasury Stock	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Non-controlling Interests	Total
Balance at Oct. 31, 2013	$ 3,524.2	$ (10,210.9)	$ 19,645.6	$ (2,693.1)	$ 1.9	$ 10,267.7
Increase (Decrease) in Stockholders' Equity
Net income			2,512.5		1	2,513.5
Other comprehensive income (loss)				48.4		48.4
Repurchases of common stock		(1,631.1)				(1,631.1)
Treasury shares reissued		99.3				99.3
Dividends declared			(593.5)		(0.3)	(593.8)
Stock options and other	128.6				(0.1)	128.5
Balance at Jul. 31, 2014	3,652.8	(11,742.7)	21,564.6	(2,644.7)	2.5	10,832.5
Balance at Oct. 31, 2014	3,675.4	(12,834.2)	22,004.4	(3,783)	2.9	9,065.5
Increase (Decrease) in Stockholders' Equity
Net income			1,588.8		0.6	1,589.4
Other comprehensive income (loss)				(724.4)	(0.4)	(724.8)
Repurchases of common stock		(1,833.9)				(1,833.9)
Treasury shares reissued		105.6				105.6
Dividends declared			(606.4)		(1.3)	(607.7)
Stock options and other	131.1		(0.3)		0.1	130.9
Balance at Jul. 31, 2015	$ 3,806.5	$ (14,562.5)	$ 22,986.5	$ (4,507.4)	$ 1.9	$ 7,725

ORGANIZATION AND CONSOLIDATION

ORGANIZATION AND CONSOLIDATION	9 Months Ended
	Jul. 31, 2015
ORGANIZATION AND CONSOLIDATION
ORGANIZATION AND CONSOLIDATION	(1)     The information in the notes and related commentary are presented in a format which includes data grouped as follows: Equipment Operations - Includes the Company’s agriculture and turf operations and construction and forestry operations with financial services reflected on the equity basis. Financial Services - Includes primarily the Company’s financing operations. Consolidated - Represents the consolidation of the equipment operations and financial services. References to "Deere & Company" or "the Company" refer to the entire enterprise.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND CASH FLOW INFORMATION	9 Months Ended
	Jul. 31, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND CASH FLOW INFORMATION
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	(2)     T he consolidated financial statements of Deere & Company and consolidated subsidiaries have been prepared by the Company, without audit, pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (SEC). Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the U.S. have been condensed or omitted as permitted by such rules and regulations. All adjustments, consisting of normal recurring adjustments, have been included. Management believes that the disclosures are adequate to present fairly the financial position, results of operations and cash flows at the dates and for the periods presented. It is suggested that these interim financial statements be read in conjunction with the consolidated financial statements and the notes thereto appearing in the Company’s latest annual report on Form 10-K. Results for interim periods are not necessarily indicative of those to be expected for the fiscal year. 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.
CASH FLOW INFORMATION	Cash Flow Information All cash flows from the changes in trade accounts and notes receivable 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 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 approximately $468 million and $499 million in the first nine months of 2015 and 2014, respectively. The Company also had accounts payable related to purchases of property and equipment of approximately $42 million and $50 million at July 31, 2015 and 2014, respectively.

NEW ACCOUNTING STANDARDS

NEW ACCOUNTING STANDARDS	9 Months Ended
	Jul. 31, 2015
NEW ACCOUNTING STANDARDS
NEW ACCOUNTING STANDARDS	(3)     New accounting standards to be adopted are as follows: In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers (Topic 606), which supersedes the revenue recognition requirements in Accounting Standards Codification (ASC) 605, Revenue Recognition. This ASU is based on the principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. In August 2015, the FASB issued ASU No. 2015-14, Deferral of the Effective Date, which amends ASU No. 2014-09. As a result, t he effective date will be the first quarter of fiscal year 2019 with early adoption permitted in the first quarter of fiscal year 2018. The adoption will use one of two retrospective application methods. The Company has not determined the potential effects on the consolidated financial statements. In June 2014, the FASB issued ASU No. 2014-12, Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period, which amends ASC 718, Compensation - Stock Compensation. This ASU requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. Therefore, the performance target should not be reflected in estimating the grant-date fair value of the award. Compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the period(s) for which the requisite service has already been rendered. The total compensation cost recognized during and after the requisite service period should reflect the number of awards that are expected to vest and should be adjusted to reflect those awards that ultimately vest. The effective date will be the first quarter of fiscal year 2017. The adoption will not have a material effect on the Company’s consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-03, Simplifying the Presentation of Debt Issuance Costs, which amends ASC 835-30, Interest - Imputation of Interest. This ASU requires that debt issuance costs related to borrowings be presented in the balance sheet as a direct deduction from the carrying amount of the borrowing. This treatment is consistent with debt discounts. The ASU does not affect the amount or timing of expenses for debt issuance costs. The effective date will be the first quarter of fiscal year 2017 and will be applied retrospectively. The adoption will not have a material effect on the Company’s consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-05, Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement, which amends ASC 350-40, Intangibles-Goodwill and Other-Internal-Use Software. This ASU provides guidance to customers about whether a cloud computing arrangement includes a software license. If an arrangement includes a software license, the accounting for the license will be consistent with licenses of other intangible assets. If the arrangement does not include a license, the arrangement will be accounted for as a service contract. The effective date will be the first quarter of fiscal year 2017 and will be adopted prospectively. The adoption will not have a material effect on the Company’s consolidated financial statements. In May 2015, the FASB issued ASU No. 2015-07, Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent), which amends ASC 820, Fair Value Measurement. This ASU removes the requirement to categorize within the fair value hierarchy investments without readily determinable fair values in entities that elect to measure fair value using net asset value per share or its equivalent. The ASU requires that these investments continue to be shown in the investment disclosure amount to allow the disclosure to reconcile to the investment amount presented in the balance sheet. The ASU will be early adopted in the fourth quarter of fiscal year 2015 and will be applied retrospectively. The adoption will not have a material effect on the Company’s consolidated financial statements. In May 2015, the FASB issued ASU No. 2015-09, Disclosures about Short-Duration Contracts, which amends ASC 944, Financial Services - Insurance. This ASU requires disclosure of additional information about unpaid claims and claims adjustment expenses, including a rollforward of the liability of the claims adjustment liability. The effective date will be the fourth quarter of fiscal year 2017. The adoption will not have a material effect on the Company’s consolidated financial statements. In July 2015, the FASB issued ASU No. 2015-11, Simplifying the Measurement of Inventory, which amends ASC 330, Inventory. This ASU simplifies the subsequent measurement of inventory by using only the lower of cost or net realizable value. The ASU does not apply to inventory measured using last-in, first-out method. The effective date will be the first quarter of fiscal year 2018 with early adoption permitted. The adoption will not have a material effect on the Company’s consolidated financial statements. In August 2015, the FASB issued ASU No. 2015-15, Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements, which amends ASC 835-30, Interest - Imputation of Interest. This ASU clarifies the presentation and subsequent measurement of debt issuance costs associated with lines of credit. These costs may be presented as an asset and amortized ratably over the term of the line of credit arrangement, regardless of whether there are outstanding borrowings on the arrangement. The effective date will be the first quarter of fiscal year 2017 and will be applied retrospectively. The adoption will not have a material effect on the Company’s consolidated financial statements.

OTHER COMPREHENSIVE INCOME ITEM

OTHER COMPREHENSIVE INCOME ITEMS	9 Months Ended
	Jul. 31, 2015
OTHER COMPREHENSIVE INCOME ITEMS
OTHER COMPREHENSIVE INCOME ITEMS	(4)     The after-tax changes in accumulated other comprehensive income (loss) 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) Balance October 31, 2014 $ $ $ $ Other comprehensive income (loss) items before reclassification $ Amounts reclassified from accumulated other comprehensive income Net current period other comprehensive income (loss) Balance July 31, 2015 $ $ $ $ $ Balance October 31, 2013 $ $ $ $ $ Other comprehensive income (loss) items before reclassification Amounts reclassified from accumulated other comprehensive income * Net current period other comprehensive income (loss) Balance July 31, 2014 $ $ $ $ $ *   Represents the accumulated translation adjustments related to the foreign subsidiaries of the Water operations that were sold (see Note 18). 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 Three Months Ended July 31, 2015 Amount Credit Amount Cumulative translation adjustment: $ $ $ Unrealized gain (loss) on derivatives: Unrealized hedging gain (loss) Reclassification of realized (gain) loss to: Interest rate contracts – Interest expense Foreign exchange contracts – Other operating expense Net unrealized gain (loss) on derivatives Unrealized gain (loss) on investments: Unrealized holding gain (loss) Reclassification of realized (gain) loss – Other income Net unrealized gain (loss) on investments Retirement benefits adjustment: Pensions Net actuarial gain (loss) Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income: * Actuarial (gain) loss Prior service (credit) cost Settlements/curtailments Health care and life insurance Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income: * Actuarial (gain) loss Prior service (credit) cost Net unrealized gain (loss) on retirement benefits adjustments Total other comprehensive income (loss) $ $ $ *   These accumulated other comprehensive income amounts are included in net periodic postretirement costs. See Note 7 for additional detail. Before Tax After Tax (Expense) Tax Nine Months Ended July 31, 2015 Amount Credit Amount Cumulative translation adjustment: $ $ $ Unrealized gain (loss) on derivatives: Unrealized hedging gain (loss) Reclassification of realized (gain) loss to: Interest rate contracts – Interest expense Foreign exchange contracts – Other operating expense Net unrealized gain (loss) on derivatives Unrealized gain (loss) on investments: Unrealized holding gain (loss) Reclassification of realized (gain) loss – Other income Net unrealized gain (loss) on investments Retirement benefits adjustment: Pensions Net actuarial gain (loss) Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income: * Actuarial (gain) loss Prior service (credit) cost Settlements/curtailments Health care and life insurance Net actuarial gain (loss) Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income: * Actuarial (gain) loss Prior service (credit) cost Net unrealized gain (loss) on retirement benefits adjustments Total other comprehensive income (loss) $ $ $ *   These accumulated other comprehensive income amounts are included in net periodic postretirement costs. See Note 7 for additional detail . Before Tax After Tax (Expense) Tax Three Months Ended July 31, 2014 Amount Credit Amount Cumulative translation adjustment: Unrealized (loss) on translation adjustment $ $ Reclassification of loss to Other expense * Net unrealized (loss) on translation adjustment Unrealized gain (loss) on derivatives: Unrealized hedging gain (loss) $ Reclassification of realized loss to: Interest rate contracts – Interest expense Foreign exchange contracts – Other operating expense Net unrealized gain on derivatives Unrealized gain (loss) on investments: Unrealized holding gain Net unrealized gain on investments Retirement benefits adjustment: Pensions Net actuarial gain Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income: ** Actuarial loss Prior service cost Settlements/curtailments Health care and life insurance Net actuarial gain (loss) Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income: ** Actuarial loss Net unrealized gain on retirement benefits adjustments Total other comprehensive income (loss) $ $ $ *   Re presents the accumulated translation adjustments related to the foreign subsidiaries of the Water operations that were sold (see Note 18). ** Th ese accumulated other comprehensive income amounts are included in net periodic postretirement costs. See Note 7 for additional detail. In the third quarter of 2015 and 2014, the noncontrolling interests’ comprehensive income was none and $.2 million, respectively, which consisted of net income of $.1 million and $.2 million and cumulative translation adjustments of $(.1) million and none , respectively. Before Tax After Tax (Expense) Tax Nine Months Ended July 31, 2014 Amount Credit Amount Cumulative translation adjustment: Unrealized (loss) on translation adjustment $ $ $ Reclassification of loss to Other expense * Net unrealized (loss) on translation adjustment Unrealized gain (loss) on derivatives: Unrealized hedging (loss) Reclassification of realized loss to: Interest rate contracts – Interest expense Foreign exchange contracts – Other operating expense Net unrealized gain on derivatives Unrealized gain (loss) on investments: Unrealized holding gain Net unrealized gain on investments Retirement benefits adjustment: Pensions Net actuarial (loss) Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income: ** Actuarial loss Prior service cost Settlements/curtailments Health care and life insurance Net actuarial gain Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income: ** Actuarial loss Prior service (credit) Net unrealized gain on retirement benefits adjustments Total other comprehensive income (loss) $ $ $ *   Re presents the accumulated translation adjustments related to the foreign subsidiaries of the Water operations that were sold (see Note 18). ** These accumulated other comprehensive income amounts are included in net periodic postretirement costs. See Note 7 for additional detail. In the first nine months of 2015 and 2014, the noncontrolling interests’ comprehensive income was $.2 million and $1.0 million, respectively, which consisted of net income of $.6 million and $1.0 million and cumulative translation adjustments of $(.4) million and none , respectively.

DIVIDENDS DECLARED AND PAID

DIVIDENDS DECLARED AND PAID	9 Months Ended
	Jul. 31, 2015
DIVIDENDS DECLARED AND PAID
DIVIDENDS DECLARED AND PAID	(5)     Dividends declared and paid on a per share basis were as follows: Three Months Ended Nine Months Ended July 31 July 31 2015 2014 2015 2014 Dividends declared $ .60 $ .60 $ $ Dividends paid $ .60 $ .51 $ $

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Jul. 31, 2015
EARNINGS PER SHARE
EARNINGS PER SHARE	(6)     A reconciliation of basic and diluted net income per share attributable to Deere & Company follows in millions , except per share amounts: Three Months Ended Nine Months Ended July 31 July 31 2015 2014 2015 2014 Net income attributable to Deere & Company $ $ $ $ Less income allocable to participating securities .2 .3 .6 .8 Income allocable to common stock $ $ $ $ Average shares outstanding Basic per share $ $ $ $ Average shares outstanding Effect of dilutive share-based compensation Total potential shares outstanding Diluted per share $ $ $ $ All stock options outstanding were included in the above per share computation for both periods in 2015. During the third quarter and first nine months of 2014, 2.4 million shares in both periods were excluded from the computation because the incremental shares under the treasury stock method would have been antidilutive.

PENSION AND OTHER POSTRETIREMEN

PENSION AND OTHER POSTRETIREMENT BENEFITS	9 Months Ended
	Jul. 31, 2015
PENSION AND OTHER POSTRETIREMENT BENEFITS
PENSION AND OTHER POSTRETIREMENT BENEFITS	(7)     The Company has several defined benefit pension plans and defined postretirement health care and life insurance plans covering its U.S. employees and employees in certain foreign countries. The worldwide components of net periodic pension cost consisted of the following in millions of dollars: Three Months Ended Nine Months Ended July 31 July 31 2015 2014 2015 2014 Service cost $ $ $ $ Interest cost Expected return on plan assets Amortization of actuarial loss Amortization of prior service cost Settlements/curtailments Net cost $ $ $ $ The worldwide components of net periodic postretirement benefits cost (health care and life insurance) consisted of the following in millions of dollars: Three Months Ended Nine Months Ended July 31 July 31 2015 2014 2015 2014 Service cost $ $ $ $ Interest cost Expected return on plan assets Amortization of actuarial loss Amortization of prior service credit Net cost $ $ $ $ During the first nine months of 2015, the Company contributed approximately $61 million to its pension plans and $22 million to its other postretirement benefit plans. The Company presently anticipates contributing an additional $16 million to its pension plans and $5 million to its other postretirement benefit plans during the remainder of fiscal year 2015. These contributions include payments from Company funds to either increase plan assets or make direct payments to plan participants.

INCOME TAXES

INCOME TAXES	9 Months Ended
	Jul. 31, 2015
INCOME TAXES
INCOME TAXES	(8)     The Company’s unrecognized tax benefits at July 31, 2015 were $236 million, compared to $213 million at October 31, 2014. The liability at July 31, 2015 consisted of approximately $80 million, which would affect the effective tax rate if it was recognized. The remaining liability was related to tax positions for which there are offsetting tax receivables, or the uncertainty was only related to timing. The changes in the unrecognized tax benefits for the first nine months of 2015 were not significant. The Company expects that any reasonably possible change in the amounts of unrecognized tax benefits in the next 12 months would not be significant.

SEGMENT REPORTING

SEGMENT REPORTING	9 Months Ended
	Jul. 31, 2015
SEGMENT REPORTING
SEGMENT REPORTING	(9)     Worldwide net sales and revenues, operating profit and identifiable assets by segment in millions of dollars follow: Three Months Ended July 31 Nine Months Ended July 31 % % 2015 2014 Change 2015 2014 Change Net sales and revenues: Agriculture and turf $ $ -24 $ $ -25 Construction and forestry -13 Total net sales -22 -20 Financial services -3 +7 Other revenues -2 -1 Total net sales and revenues $ $ -20 $ $ -18 Operating profit: * Agriculture and turf $ $ -50 $ $ -54 Construction and forestry -34 +10 Financial services -4 +12 Total operating profit -39 -36 Reconciling items ** +5 -22 Income taxes -46 -39 Net income attributable to Deere & Company $ $ -40 $ $ -37 Intersegment sales and revenues: Agriculture and turf net sales $ $ -21 $ $ -33 Construction and forestry net sales Financial services -6 -2 Equipment operations outside the U.S. and Canada: Net sales $ $ -23 $ $ -26 Operating profit -34 -41 July 31 October 31 2015 2014 Identifiable assets: Agriculture and turf $ $ -7 Construction and forestry Financial services -3 Corporate -8 Total assets $ $ -4 *   Operating profit is income from continuing operations before corporate expenses, certain external interest expense, certain foreign exchange gains and losses and income taxes. Operating profit of the financial services segment includes the effect of interest expense and foreign exchange gains and losses. **   Reconciling items are primarily corporate expenses, certain external interest expense, certain foreign exchange gains and losses and net income attributable to noncontrolling interests .

FINANCING RECEIVABLES

FINANCING RECEIVABLES	9 Months Ended
	Jul. 31, 2015
FINANCING RECEIVABLES
FINANCING RECEIVABLES	(10)     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, if any, 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 in millions of dollars follows: July 31, 2015 90 Days 30-59 Days 60-89 Days or Greater Total Past Due Past Due Past Due Past Due Retail Notes: Agriculture and turf $ $ $ $ Construction and forestry Other: Agriculture and turf Construction and forestry Total $ $ $ $ Total Total Total Financing Past Due Non-Performing Current Receivables Retail Notes: Agriculture and turf $ $ $ $ Construction and forestry Other: Agriculture and turf Construction and forestry Total $ $ $ Less allowance for credit losses Total financing receivables - net $ October 31, 2014 90 Days 30-59 Days 60-89 Days or Greater Total Past Due Past Due Past Due Past Due Retail Notes: Agriculture and turf $ $ $ $ Construction and forestry Other: Agriculture and turf Construction and forestry Total $ $ $ $ Total Total T otal Financing Past Due Non- Performing Current Receivables Retail Notes: Agriculture and turf $ $ $ $ Construction and forestry Other: Agriculture and turf Construction and forestry Total $ $ $ Less allowance for credit losses Total financing receivables - net $ July 31, 2014 90 Days 30-59 Days 60-89 Days or Greater Total Past Due Past Due Past Due Past Due Retail Notes: Agriculture and turf $ $ $ $ Construction and forestry Other: Agriculture and turf Construction and forestry Total $ $ $ $ Total Total Total Financing Past Due Non- Performing Current Receivables Retail Notes: Agriculture and turf $ $ $ $ Construction and forestry Other: Agriculture and turf Construction and forestry Total $ $ $ Less allowance for credit losses Total financing receivables - net $ An analysis of the allowance for credit losses and investment in financing receivables in millions of dollars during the periods follows: Three Months Ended July 31, 2015 Revolving Retail Charge Notes Accounts Other Total Allowance: Beginning of period balance $ $ $ $ Provision Write-offs Recoveries Translation adjustments End of period balance * $ $ $ $ Nine Months Ended July 31, 2015 Allowance: Beginning of period balance $ $ $ $ Provision Write-offs Recoveries Translation adjustments End of period balance * $ $ $ $ Financing receivables: End of period balance $ $ $ $ Balance individually evaluated ** $ $ $ $ Three Months Ended July 31, 2014 Revolving Retail Charge Notes Accounts Other Total Allowance: Beginning of period balance $ $ $ $ Provision Write-offs Recoveries End of period balance * $ $ $ $ Nine Months Ended July 31, 2014 Allowance: Beginning of period balance $ $ $ $ Provision Write-offs Recoveries Translation adjustments End of period balance * $ $ $ $ Financing receivables: End of period balance $ $ $ $ Balance individually evaluated ** $ $ $ $ *   Individual allowances were not significant. **   Remainder is collectively evaluated. 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 in millions of dollars follows: Unpaid Average Recorded Principal Specific Recorded Investment Balance Allowance Investment July 31, 2015* Receivables with specific allowance ** $ $ $ $ Receivables without a specific allowance *** Total $ $ $ $ Agriculture and turf $ $ $ $ Construction and forestry $ $ $ October 31, 2014* Receivables with specific allowance ** $ $ $ $ Receivables without a specific allowance ** Total $ $ $ $ Agriculture and turf $ $ $ $ Construction and forestry $ $ $ July 31, 2014* Receivables with specific allowance **** $ $ $ $ Receivables without a specific allowance ** Total $ $ $ $ Agriculture and turf $ $ $ $ Construction and forestry $ $ $ *     Finance income recognized was not material. **   Primarily retail notes. *** Primarily retail notes and wholesale receivables. ** ** Primarily wholesale receivables, retail notes and operating loans. 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 the first nine months of 2015, the Company identified 76 financing receivable contracts, primarily retail notes, as troubled debt restructurings with aggregate balances of $2.2 million pre-modification and $1.7 million post-modification. During the first nine months of 2014, there were 51 financing receivable contracts, primarily retail notes, identified as troubled debt restructurings with aggregate balances of $1.4 million pre-modification and $1.2 million post-modification. During these same periods, there were no significant troubled debt restructurings that subsequently defaulted and were written off. At July 31, 2015, the Company had no commitments to lend additional funds to borrowers whose accounts were modified in troubled debt restructurings.

SECURITIZATION OF FINANCING REC

SECURITIZATION OF FINANCING RECEIVABLES	9 Months Ended
	Jul. 31, 2015
SECURITIZATION OF FINANCING RECEIVABLES
SECURITIZATION OF FINANCING RECEIVABLES	(11)     Securitization of financing receivables: The Company, as a part of its overall funding strategy, periodically transfers certain financing receivables (retail notes) into variable interest entities (VIEs) that are special purpose entities (SPEs), or a non-VIE banking operation, as part of its asset-backed securities programs (securitizations). The structure of these transactions is such that the transfer of the retail notes does not meet the criteria of sales of receivables, and is, therefore, accounted for as a secured borrowing. SPEs utilized in securitizations of retail notes differ from other entities included in the Company’s consolidated statements because the assets they hold are legally isolated. Use of the assets held by the SPEs or the non-VIE is restricted by terms of the documents governing the securitization transactions. In securitizations of retail notes related to secured borrowings, the retail notes are transferred to certain SPEs or to a non-VIE banking operation, which in turn issue debt to investors. The resulting secured borrowings are recorded as “Short-term securitization borrowings” on the 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 $2,639 million, $3,011 million and $2,402 million at July 31, 2015, October 31, 2014 and July 31, 2014, respectively. The liabilities (short-term securitization borrowings and accrued interest) of these SPEs totaled $2,534 million, $2,942 million and $2,308 million at July 31, 2015, October 31, 2014 and July 31, 2014 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 a non-VIE banking operation, which is not consolidated since the Company does not have a controlling interest in the entity. The Company’s carrying values and interests related to the securitizations with the unconsolidated non-VIE were restricted assets (retail notes securitized, allowance for credit losses and other assets) of $284 million, $368 million and $425 million at July 31, 2015, October 31, 2014 and July 31, 2014, respectively. The liabilities (short-term securitization borrowings and accrued interest) were $265 million, $351 million and $398 million at July 31, 2015, October 31, 2014 and July 31, 2014, respectively. In certain securitizations, the Company transfers retail notes into bank-sponsored, multi-seller, commercial paper conduits, which are SPEs that are not consolidated. The Company does not service a significant portion of the conduits’ receivables, and, therefore, does not have the power to direct the activities that most significantly impact the conduits’ economic performance. These conduits provide a funding source to the Company (as well as other transferors into the conduit) as they fund the retail notes through the issuance of commercial paper. The Company’s carrying values and variable interests related to these conduits were restricted assets (retail notes securitized, allowance for credit losses and other assets) of $1,923 million, $1,331 million and $1,539 million at July 31, 2015, October 31, 2014 and July 31, 2014 respectively. The liabilities (short-term securitization borrowings and accrued interest) related to these conduits were $1,798 million, $1,267 million and $1,438 million at July 31, 2015, October 31, 2014 and July 31, 2014, respectively. The Company’s carrying amount of the liabilities to the unconsolidated conduits, compared to the maximum exposure to loss related to these conduits, which would only be incurred in the event of a complete loss on the restricted assets, was as follows in millions of dollars: July 31, 2015 Carrying value of liabilities $ Maximum exposure to loss The total assets of unconsolidated VIEs related to securitizations were approximately $54 billion at July 31, 2015. The components of consolidated restricted assets related to secured borrowings in securitization transactions follow in millions of dollars: July 31 October 31 July 31 2015 2014 2014 Financing receivables securitized (retail notes) $ $ $ Allowance for credit losses Other assets Total restricted securitized assets $ $ $ The components of consolidated secured borrowings and other liabilities related to securitizations follow in millions of dollars: July 31 October 31 July 31 2015 2014 2014 Short-term securitization borrowings $ $ $ Accrued interest on borrowings Total liabilities related to restricted securitized assets $ $ $ The secured borrowings related to these restricted securitized retail notes are obligations that are payable as the retail notes are liquidated. Repayment of the secured borrowings depends primarily on cash flows generated by the restricted assets. Due to the Company’s short-term credit rating, cash collections from these restricted assets are not required to be placed into a restricted collection account until immediately prior to the time payment is required to the secured creditors. At July 31, 2015, the maximum remaining term of all restricted securitized retail notes was approximately six years.

INVENTORIES

INVENTORIES	9 Months Ended
	Jul. 31, 2015
INVENTORIES
INVENTORIES	(12)     Most inventories owned by Deere & Company and its U.S. equipment subsidiaries and certain foreign equipment subsidiaries are valued at cost on the “last-in, first-out” (LIFO) method. If all of the Company’s inventories had been valued on a “first-in, first-out” (FIFO) method, estimated inventories by major classification in millions of dollars would have been as follows: July 31 October 31 July 31 2015 2014 2014 Raw materials and supplies $ $ $ Work-in-process Finished goods and parts Total FIFO value Less adjustment to LIFO value Inventories $ $ $

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS-NET	9 Months Ended
	Jul. 31, 2015
GOODWILL AND OTHER INTANGIBLE ASSETS-NET
GOODWILL AND OTHER INTANGIBLE ASSETS-NET	(13)     The changes in amounts of goodwill by operating segments were as follows in millions of dollars: Agriculture Construction and Turf and Forestry Total Balance October 31, 2013: Goodwill $ $ $ Less accumulated impairment losses Goodwill-net Divestitures Translation adjustments and other Balance July 31, 2014: Goodwill Less accumulated impairment losses * Goodwill-net $ $ $ Balance October 31, 2014: Goodwill $ $ $ Less accumulated impairment losses * Goodwill-net Translation adjustments Balance July 31, 2015: Goodwill-net $ $ $ *   Accumulated impairment losses were reduced by $60 million related to the divestiture of the Water operations, which occurred in May 2014 (see Note 18). The components of other intangible assets were as follows in millions of dollars: Useful Lives * July 31 October 31 July 31 (Years) 2015 2014 2014 Amortized intangible assets: Customer lists and relationships 15 $ $ $ Technology, patents, trademarks and other 18 Total at cost Less accumulated amortization ** Total Unamortized intangible assets: Licenses *** Other intangible assets-net $ $ $ *     Weighted - averages **   Accumulated amortization at July 31, 2015, October 31, 2014 and July 31, 2014 for customer lists and relationships totaled $10 million, $9 million and $9 million, respectively, and technology, patents, trademarks and other totaled $42 million, $36 million and $34 million, respectively. ** *   Licenses were reduced by $4 million related to the divestiture of the Crop Insurance operations, which occurred in March 2015 (see Note 19). The amortization of other intangible assets in the third quarter and the first nine months of 2015 was $3 million and $8 million and for 2014 was $3 million and $8 million, respectively. The estimated amortization expense for the next five years is as follows in millions of dollars: remainder of 2015 - $2 , 2016 - $10 , 2017 - $9 , 2018 - $5 and 2019 - $5 .

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Jul. 31, 2015
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES	(14)     Commitments and contingencies: The Company generally determines its total 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 extended warranties are primarily recognized in income in proportion to the costs expected to be incurred over the contract period. These unamortized extended warranty premiums (deferred revenue) included in the following table totaled $439 million and $389 million at July 31, 2015 and 2014, respectively. A reconciliation of the changes in the warranty liability and unearned premiums in millions of dollars follows: Three Months Ended Nine Months Ended July 31 July 31 2015 2014 2015 2014 Beginning of period balance $ $ $ $ Payments Amortization of premiums received Accruals for warranties Premiums received Foreign exchange End of period balance $ $ $ $ At July 31, 2015, the Company had approximately $183 million of guarantees issued primarily to banks outside the U.S. and Canada 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 July 31, 2015, the Company had accrued losses of approximately $7 million under these agreements. The maximum remaining term of the receivables guaranteed at July 31, 2015 was approximately five years. At July 31, 2015, the Company had commitments of approximately $221 million for the construction and acquisition of property and equipment. Also, at July 31, 2015, the Company had restricted assets of $82 million, primarily as collateral for borrowings and restricted other assets. See Note 11 for additional restricted assets associated with borrowings related to securitizations. The Company also had other miscellaneous contingent liabilities totaling approximately $37 million at July 31, 2015, for which it believes the probability for payment is substantially remote. The accrued liability for these contingencies was not material at July 31, 2015. The Company is subject to various unresolved legal actions which arise in the normal course of its business, the most prevalent of which relate to product liability (including asbestos related liability), retail credit, 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 consolidated financial statements.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Jul. 31, 2015
FAIR VALUE MEASUREMENTS
FAIR VALUE MEASUREMENTS	(15)     The fair values of financial instruments that do not approximate the carrying values in millions of dollars follow: July 31, 2015 October 31, 2014 July 31, 2014 Carrying Value Fair Value * Carrying Value Fair Value * Carrying Value Fair Value * Financing receivables - net $ $ $ $ $ $ Financing receivables securitized - net Short-term securitization borrowings Long-term borrowings due within one year: Equipment operations $ $ $ $ $ $ Financial services Total $ $ $ $ $ $ Long-term borrowings: Equipment operations $ $ $ $ $ $ Financial services Total $ $ $ $ $ $ *   Fair value measurements above were Level 3 for all financing receivables and Level 2 for all borrowings. Fair values of 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 fair value on a recurring basis in millions of dollars follow: July 31 October 31 July 31 2015* 2014* 2014* Marketable securities International equity 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 $ $ $ *     M easurements above were Level 2 measurements except for Level 1 measurements of the international equity securities of $8 million at July 31, 2015; the equity fund of $35 million, $45 million and $32 million at July 31, 2015, October 31, 2014 and July 31, 2014; the fixed income fund of $10 million at both October 31, 2014 and July 31, 2014; and the U.S. government debt securities of $37 million, $741 million and $1,041 million at July 31, 2015, October 31, 2014 and July 31, 2014, respectively. In addition, $31 million of the international debt securities were Level 3 measurements at July 31, 2015. There were no transfers between Level 1 and Level 2 during the first nine months of 2015 or 2014. **   Primarily issued by U.S. government sponsored enterprises. *** Excluded from this table are the Company’s 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. The contractual maturities of debt securities at July 31, 2015 in millions of dollars are shown below. Actual maturities may differ from those scheduled as a result of prepayments by the issuers. Because of the potential for prepayment on mortgage-backed securities, they are not categorized by contractual maturity. Amortized Fair Cost Value Due in one year or less $ $ Due after one through five years Due after five through 10 years Due after 10 years Mortgage-backed securities Debt securities $ $ Fair value, recurring, Level 3 measurements from available for sale marketable securities in millions of dollars follow: Three Months Ended Nine Months Ended July 31 July 31 2015 2015 Beginning of period balance Purchases $ $ Change in unrealized gain (loss) End of period balance $ $ Fair value , nonrecurring , Level 3 measurements from impairments in millions of dollars follow: Fair Value * Losses Three Months Ended Nine Months Ended July 31 October 31 July 31 July 31 July 31 2015 2014 2014 2015 2014 2015 2014 Property and equipment – net $ $ Assets held for sale – Water operations ** $ Other assets $ *   See financing receivables with specific allowances in Note 10. Losses were not significant. **   Does not include costs to sell (see Note 18). The fair value measurement and impairment losses shown above were the result of changes in circumstances that indicate it was probable the future cash flows would not cover the carrying amounts of certain long-lived assets. The non-cash charge of $26 million pretax and after -tax was recognized in the first quarter of 2014 in cost of sales. The impairment was associated with the Company’s John Deere Water operations, which were included in the agriculture and turf operating segment. The impairment was due to a decline in forecasted financial performance and a review of strategic options for the business, which was sold in May 2014. Level 1 measurements consist of quoted prices in active markets for identical assets or liabilities. Level 2 measurements include significant other observable inputs such as quoted prices for similar assets or liabilities in active markets ; identical assets or liabilities in inactive markets; observable inputs such as interest rates and yield curves; and other market-corroborated inputs. Level 3 measurements include significant unobservable inputs. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In determining fair value, the Company uses various methods including market and income approaches. The Company utilizes valuation models and techniques that maximize the use of observable inputs. The models are industry-standard models that consider various assumptions including time values and yield curves as well as other economic measures. These valuation techniques are consistently applied. The following is a description of the valuation methodologies the Company uses to measure certain financial instruments on the balance sheet 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 collateral, which is measured using a market approach (appraisal values or realizable values). Inputs include a selection of realizable values. Property and Equipment – Net – The impairments were measured at the lower of the carrying amount, or fair value. The valuations were based on an income approach using probability weighted cash flows of potential outcomes of the ongoing strategic option review. The inputs included estimates of the cash flow related to each of the alternatives being considered and management’s estimate of the likelihood of each alternative. Assets Held for Sale – Water Operations – The impairment of the disposal group was measured at the lower of the carrying amount, or fair value less cost to sell. Fair value was based on the probable sale price. The inputs included estimates of the final sale price. 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.

DERIVATIVE INSTRUMENTS

DERIVATIVE INSTRUMENTS	9 Months Ended
	Jul. 31, 2015
DERIVATIVE INSTRUMENTS
DERIVATIVE INSTRUMENTS	(16)     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 operations 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 a cash flow hedge, a fair value hedge, or remains undesignated. 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, or the underlying hedged transaction is no longer likely to occur, or the hedge designation is removed, or the derivative is terminated, hedge accounting is discontinued. Any past or future changes in the derivative’s fair value, which will not be effective as an offset to the income effects of the item being hedged, are recognized currently in the income statement. 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 July 31, 2015 , October 31, 2014 and July 31, 2014 were $2,800 million, $3,050 million and $3,650 million, respectively . The notional amounts of cross-currency interest rate contracts at July 31, 2015, October 31, 2014 and July 31, 2014 were $65 million, $70 million, and $70 million, 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 changes on the related borrowings. Any ineffective portions of the gains or losses on all cash flow interest rate contracts designated as hedges were recognized currently in interest expense or other operating expenses (foreign exchange) and were not material during any periods presented. The cash flows from these contracts were recorded in operating activities in the statement of consolidated cash flows. The amount of loss recorded in OCI at July 31, 2015 that is expected to be reclassified to interest expense or other operating expenses in the next twelve months if interest rates or exchange rates remain unchanged is approximately $5 million after-tax. These contracts mature in up to 38 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 these receive-fixed/pay-variable interest rate contracts at July 31, 2015, October 31, 2014 and July 31, 2014 were $8,694 million, $8,798 million and $8,847 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 none and a loss of $1 million during the third quarter of 2015 and 2014, respectively, and were a gain of $1 million and a loss of $2 million during the first nine months of 2015 and 2014, respectively. The cash flows from these contracts were recorded in operating activities in the statement of consolidated cash flows. The gains (losses) on these contracts and the underlying borrowings recorded in interest expense follow in millions of dollars: Three Months Ended Nine Months Ended July 31 July 31 2015 2014 2015 2014 Interest rate contracts * $ $ $ $ Borrowings ** *   Includes changes in fair values of interest rate contracts excluding net accrued interest income of $42 million and $44 million during the third quarter of 2015 and 2014, respectively, and $131 million and $121 million during the first nine months of 2015 and 2014, respectively. **   Includes adjustments for fair values of hedged borrowings excluding accrued interest expense of $68 million and $69 million during the third quarter of 2015 and 2014, respectively, and $207 million and $194 million during the first nine months of 2015 and 2014, respectively. Derivatives not designated as hedging instruments The Company has certain interest rate contracts (swaps and caps), foreign exchange contracts (futures, forwards and swaps) and cross-currency interest rate contracts (swaps), which were not formally designated as hedges. These derivatives were held as economic hedges for underlying interest rate or foreign currency exposures primarily for certain borrowings and purchases or sales of inventory. The total notional amounts of these interest rate swaps at July 31, 2015, October 31, 2014 and July 31, 2014 were $5,912 million, $6,317 million and $6,303 million, the foreign exchange contracts were $3,040 million, $3,524 million and $3,578 million and the cross-currency interest rate contracts were $80 million, $98 million and $78 million, respectively. At July 31, 2015, October 31, 2014 and July 31, 2014, there were also $1,190 million, $1,703 million and $1,858 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 condensed consolidated balance sheet in millions of dollars follow: July 31 October 31 July 31 Other Assets 2015 2014 2014 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 derivatives $ $ $ 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 derivatives $ $ $ 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: Expense or Three Months Ended Nine Months Ended OCI July 31 July 31 Classification 2015 2014 2015 2014 Fair Value Hedges: Interest rate contracts Interest $ $ $ $ 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 * Foreign exchange contracts Other operating * Recognized Directly in Income (Ineffective Portion) ** ** ** ** Not Designated as Hedges: Interest rate contracts Interest * $ $ $ Foreign exchange contracts Cost of sales $ Foreign exchange contracts Other operating * Total not designated $ $ $ $ *   Includes interest and foreign exchange gains (losses) from cross-currency interest rate contracts. **   The amount is 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 July 31, 2015, October 31, 2014 and July 31, 2014, was $60 million, $57 million and $76 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 follows: Gross Amounts Netting Collateral July 31, 2015 Recognized Arrangements Received Net Amount Derivatives: Assets $ $ $ $ Liabilities Gross Amounts Netting Collateral October 31, 2014 Recognized Arrangements Received Net Amount Derivatives: Assets $ $ $ $ Liabilities Gross Amounts Netting Collateral July 31, 2014 Recognized Arrangements Received Net Amount Derivatives: Assets $ $ $ $ Liabilities

STOCK OPTION AND RESTRICTED STO

STOCK OPTION AND RESTRICTED STOCK AWARDS	9 Months Ended
	Jul. 31, 2015
STOCK OPTION AND RESTRICTED STOCK AWARDS
STOCK OPTION AND RESTRICTED STOCK AWARDS	(17)     In December 2014, the Company granted stock options to employees for the purchase of 3.0 million shares of common stock at an exercise price of $88.19 per share and a binomial lattice model fair value of $19.67 per share at the grant date. At July 31, 2015, options for 14.9 million shares were outstanding with a weighted-average exercise price of $77.38 per share. The Company also granted 237 thousand restricted stock units to employees and non-employee directors in the first nine months of 2015, of which 111 thousand are subject to service based only conditions, 63 thousand are subject to performance/service based conditions and 63 thousand are subject to market/service based conditions. The fair value of the service based only units at the grant date was $88.69 per unit 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 was $81.78 per unit 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 was $113.97 per unit based on a lattice valuation model excluding dividends. At July 31, 2015, the Company was authorized to grant an additional 16.9 million shares related to stock option and restricted stock awards.

DISPOSITION - WATER OPERATIONS

DISPOSITION - WATER OPERATIONS	9 Months Ended
	Jul. 31, 2015
Water Operations
Dispositions
DISPOSITION	(18)     In May 2014, the Company closed the sale of the stock and certain assets of the entities that compose the Company’s Water operations to FIMI Opportunity Funds. At April 30, 2014, the total assets of $85 million and liabilities of $50 million were classified as held for sale in the consolidated financial statements, which consisted of $57 million of trade receivables, $10 million of other receivables, $49 million of inventories, $5 million of other assets less a $36 million asset impairment. The related liabilities held for sale consisted of accounts payable and accrued expenses of $47 million and retirement benefits and other liabilities of $3 million. The total amount of proceeds from the sale was approximately $35 million with a loss of $10 million, pretax and after-tax , in addition to the impairment discussed below. The Company provided certain business services for a fee during a transition period. In the second quarter of 2014, the Company recorded a non-cash charge in other operating expenses of $36 million pretax or $4 million after-tax for an impairment to write the Water operations down to fair value less costs to sell. The tax benefits recognized from the sale resulted primarily from a change in valuation allowances of the Water operations. These operations were included in the Company’s agriculture and turf segment.

DISPOSITION - CROP INSURANCE OP

DISPOSITION - CROP INSURANCE OPERATIONS	9 Months Ended
	Jul. 31, 2015
Crop Insurance Operations
Dispositions
DISPOSITION	(19)     In March 2015, the Company closed the sale of all of the stock of its wholly-owned subsidiaries, John Deere Insurance Company and John Deere Risk Protection, Inc. (collectively the Crop Insurance operations) to Farmers Mutual Hail Insurance Company of Iowa. These operations were included in the Company’s financial services operating segment. At January 31, 2015, the total assets of $381 million and liabilities of $267 million were classified as held for sale in the consolidated financial statements, which consisted of the following: January 31 2015 Cash and cash equivalents $ Marketable securities Other receivables Other intangible assets - net Other assets Total assets held for sale $ Account payable and accrued expenses, and Total liabilities held for sale $ 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 will provide certain business services for a fee during a transition period.

SUPPLEMENTAL CONSOLIDATING DATA

SUPPLEMENTAL CONSOLIDATING DATA	9 Months Ended
	Jul. 31, 2015
SUPPLEMENTAL CONSOLIDATING DATA
SUPPLEMENTAL CONSOLIDATING DATA	(20) SUPPLEMENTAL CONSOLIDATING DATA STATEMENT OF INCOME For the Three Months Ended July 31, 2015 and 2014 (In millions of dollars) Unaudited EQUIPMENT OPERATIONS* FINANCIAL SERVICES 2015 2014 2015 2014 Net Sales and Revenues Net sales $ $ Finance and interest income $ $ Other income Total Costs and Expenses Cost of sales Research and development expenses Selling, administrative and general expenses Interest expense Interest compensation to Financial Services Other operating expenses Total Income of Consolidated Group before Income Taxes Provision for income taxes Income of Consolidated Group Equity in Income of Unconsolidated Subsidiaries and Affiliates Financial Services .2 .3 Other Total .2 .3 Net Income Less: Net income attributable to noncontrolling interests .1 .2 Net Income Attributable to Deere & Company $ $ $ $ *   Deere & Company with Financial Services on the equity basis. The supplemental consolidating data is presented for informational purposes. Transactions between the “Equipment Operations” and “Financial Services” have been eliminated to arrive at the consolidated financial statements. SUPPLEMENTAL CONSOLIDATING DATA (Continued) STATEMENT OF INCOME For the Nine Months Ended July 31, 2015 and 2014 (In millions of dollars) Unaudited EQUIPMENT OPERATIONS* FINANCIAL SERVICES 2015 2014 2015 2014 Net Sales and Revenues Net sales $ $ Finance and interest income $ $ Other income Total Costs and Expenses Cost of sales Research and development expenses Selling, administrative and general expenses Interest expense Interest compensation to Financial Services Other operating expenses Total Income of Consolidated Group before Income Taxes Provision for income taxes Income of Consolidated Group Equity in Income of Unconsolidated Subsidiaries and Affiliates Financial Services Other .8 .6 Total Net Income Less: Net income attributable to noncontrolling interests .6 Net Income Attributable to Deere & Company $ $ $ $ *   Deere & Company with Financial Services on the equity basis. The supplemental consolidating data is presented for informational purposes. Transactions between the “Equipment Operations” and “Financial Services” have been eliminated to arrive at the consolidated financial statements. SUPPLEMENTAL CONSOLIDATING DATA (Continued) CONDENSED BALANCE SHEET (In millions of dollars) Unaudited EQUIPMENT OPERATIONS* FINANCIAL SERVICES July 31 October 31 July 31 July 31 October 31 July 31 2015 2014 2014 2015 2014 2014 Assets Cash and cash equivalents $ $ $ $ $ $ Marketable securities Receivables from unconsolidated subsidiaries and affiliates Trade accounts and notes receivable - net Financing receivables - net Financing receivables securitized - net Other receivables Equipment on operating leases - net Inventories Property and equipment - net Investments in unconsolidated subsidiaries and affiliates Goodwill Other intangible assets - net Retirement benefits Deferred income taxes Other assets Total Assets $ $ $ $ $ $ Liabilities and Stockholders’ Equity Short-term borrowings $ $ $ $ $ $ Short-term securitization borrowings Payables to unconsolidated subsidiaries and affiliates Accounts payable and accrued expenses Deferred income taxes Long-term borrowings Retirement benefits and other liabilities Total liabilities Commitments and contingencies (Note 14) Common stock, $1 par value (issued shares at July 31, 2015 – 536,431,204) Common stock in treasury Retained earnings Accumulated other comprehensive income (loss) Total Deere & Company stockholders' equity Noncontrolling interests Total stockholders’ equity Total Liabilities and Stockholders’ Equity $ $ $ $ $ $ *   Deere & Company with Financial Services on the equity basis. The supplemental consolidating data is presented for informational purposes. Transactions between the "Equipment Operations" and "Financial Services" have been eliminated to arrive at the consolidated financial statements. SUPPLEMENTAL CONSOLIDATING DATA (Continued) STATEMENT OF CASH FLOWS For the Nine Months Ended July 31, 2015 and 2014 (In millions of dollars) Unaudited EQUIPMENT OPERATIONS* FINANCIAL SERVICES 2015 2014 2015 2014 Cash Flows from Operating Activities Net income $ $ $ $ Adjustments to reconcile net income to net cash provided by operating activities: Provision for credit losses Provision for depreciation and amortization Impairment charges Undistributed earnings of unconsolidated subsidiaries and affiliates (.8) Provision (credit) for deferred income taxes Changes in assets and liabilities: Trade receivables Insurance receivables Inventories Accounts payable and accrued expenses Accrued income taxes payable/receivable Retirement benefits Other Net cash provided by operating activities Cash Flows from Investing Activities Collections of receivables (excluding trade and wholesale) Proceeds from maturities and sales of marketable securities Proceeds from sales of equipment on operating leases Proceeds from sales of businesses, net of cash sold Cost of receivables acquired (excluding trade and wholesale) Purchases of marketable securities Purchases of property and equipment Cost of equipment on operating leases acquired Increase in trade and wholesale receivables Other Net cash provided by (used for) investing activities Cash Flows from Financing Activities Increase (decrease) in total short-term borrowings Change in intercompany receivables/payables Proceeds from long-term borrowings Payments of long-term borrowings Proceeds from issuance of common stock Repurchases of common stock Dividends paid Excess tax benefits from share-based compensation Other Net cash provided by (used for) financing activities Effect of Exchange Rate Changes on Cash and Cash Equivalents .3 Net Increase (Decrease) in Cash and Cash Equivalents Cash and Cash Equivalents at Beginning of Period Cash and Cash Equivalents at End of Period $ $ $ $ *   Deere & Company with Financial Services on the equity basis. The supplemental consolidating data is presented for informational purposes. Transactions between the “Equipment Operations” and “Financial Services” have been eliminated to arrive at the consolidated financial statements.

SUMMARY OF SIGNIFICANT ACCOUN28

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND CASH FLOW INFORMATION (Policies)	9 Months Ended
	Jul. 31, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND CASH FLOW INFORMATION
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.
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, if any, 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 and certain foreign equipment subsidiaries are valued at cost on the “last-in, first-out” (LIFO) method.
Product Warranties, Policy	The Company generally determines its total 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.
Extended Product Warranty, Policy	The premiums for extended warranties are primarily recognized in income in proportion to the costs expected to be incurred over the contract period.
Fair Value of Financial Instruments, Policy	Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In determining fair value, the Company uses various methods including market and income approaches. The Company utilizes valuation models and techniques that maximize the use of observable inputs. The models are industry-standard models that consider various assumptions including time values and yield curves as well as other economic measures. These valuation techniques are consistently applied.
Derivative Financial Instruments, Policy	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 operations 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 a cash flow hedge, a fair value hedge, or remains undesignated. 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, or the underlying hedged transaction is no longer likely to occur, or the hedge designation is removed, or the derivative is terminated, hedge accounting is discontinued. Any past or future changes in the derivative’s fair value, which will not be effective as an offset to the income effects of the item being hedged, are recognized currently in the income statement.

OTHER COMPREHENSIVE INCOME IT29

OTHER COMPREHENSIVE INCOME ITEMS (Tables)	9 Months Ended
	Jul. 31, 2015
OTHER COMPREHENSIVE INCOME ITEMS
Schedule of After-Tax Changes in Accumulated Other Comprehensive Income (Loss)	The after-tax changes in accumulated other comprehensive income (loss) 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) Balance October 31, 2014 $ $ $ $ Other comprehensive income (loss) items before reclassification $ Amounts reclassified from accumulated other comprehensive income Net current period other comprehensive income (loss) Balance July 31, 2015 $ $ $ $ $ Balance October 31, 2013 $ $ $ $ $ Other comprehensive income (loss) items before reclassification Amounts reclassified from accumulated other comprehensive income * Net current period other comprehensive income (loss) Balance July 31, 2014 $ $ $ $ $ *   Represents the accumulated translation adjustments related to the foreign subsidiaries of the Water operations that were sold (see Note 18).
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 Three Months Ended July 31, 2015 Amount Credit Amount Cumulative translation adjustment: $ $ $ Unrealized gain (loss) on derivatives: Unrealized hedging gain (loss) Reclassification of realized (gain) loss to: Interest rate contracts – Interest expense Foreign exchange contracts – Other operating expense Net unrealized gain (loss) on derivatives Unrealized gain (loss) on investments: Unrealized holding gain (loss) Reclassification of realized (gain) loss – Other income Net unrealized gain (loss) on investments Retirement benefits adjustment: Pensions Net actuarial gain (loss) Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income: * Actuarial (gain) loss Prior service (credit) cost Settlements/curtailments Health care and life insurance Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income: * Actuarial (gain) loss Prior service (credit) cost Net unrealized gain (loss) on retirement benefits adjustments Total other comprehensive income (loss) $ $ $ *   These accumulated other comprehensive income amounts are included in net periodic postretirement costs. See Note 7 for additional detail. Before Tax After Tax (Expense) Tax Nine Months Ended July 31, 2015 Amount Credit Amount Cumulative translation adjustment: $ $ $ Unrealized gain (loss) on derivatives: Unrealized hedging gain (loss) Reclassification of realized (gain) loss to: Interest rate contracts – Interest expense Foreign exchange contracts – Other operating expense Net unrealized gain (loss) on derivatives Unrealized gain (loss) on investments: Unrealized holding gain (loss) Reclassification of realized (gain) loss – Other income Net unrealized gain (loss) on investments Retirement benefits adjustment: Pensions Net actuarial gain (loss) Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income: * Actuarial (gain) loss Prior service (credit) cost Settlements/curtailments Health care and life insurance Net actuarial gain (loss) Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income: * Actuarial (gain) loss Prior service (credit) cost Net unrealized gain (loss) on retirement benefits adjustments Total other comprehensive income (loss) $ $ $ *   These accumulated other comprehensive income amounts are included in net periodic postretirement costs. See Note 7 for additional detail . Before Tax After Tax (Expense) Tax Three Months Ended July 31, 2014 Amount Credit Amount Cumulative translation adjustment: Unrealized (loss) on translation adjustment $ $ Reclassification of loss to Other expense * Net unrealized (loss) on translation adjustment Unrealized gain (loss) on derivatives: Unrealized hedging gain (loss) $ Reclassification of realized loss to: Interest rate contracts – Interest expense Foreign exchange contracts – Other operating expense Net unrealized gain on derivatives Unrealized gain (loss) on investments: Unrealized holding gain Net unrealized gain on investments Retirement benefits adjustment: Pensions Net actuarial gain Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income: ** Actuarial loss Prior service cost Settlements/curtailments Health care and life insurance Net actuarial gain (loss) Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income: ** Actuarial loss Net unrealized gain on retirement benefits adjustments Total other comprehensive income (loss) $ $ $ *   Re presents the accumulated translation adjustments related to the foreign subsidiaries of the Water operations that were sold (see Note 18). ** Th ese accumulated other comprehensive income amounts are included in net periodic postretirement costs. See Note 7 for additional detail. In the third quarter of 2015 and 2014, the noncontrolling interests’ comprehensive income was none and $.2 million, respectively, which consisted of net income of $.1 million and $.2 million and cumulative translation adjustments of $(.1) million and none , respectively. Before Tax After Tax (Expense) Tax Nine Months Ended July 31, 2014 Amount Credit Amount Cumulative translation adjustment: Unrealized (loss) on translation adjustment $ $ $ Reclassification of loss to Other expense * Net unrealized (loss) on translation adjustment Unrealized gain (loss) on derivatives: Unrealized hedging (loss) Reclassification of realized loss to: Interest rate contracts – Interest expense Foreign exchange contracts – Other operating expense Net unrealized gain on derivatives Unrealized gain (loss) on investments: Unrealized holding gain Net unrealized gain on investments Retirement benefits adjustment: Pensions Net actuarial (loss) Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income: ** Actuarial loss Prior service cost Settlements/curtailments Health care and life insurance Net actuarial gain Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to net income: ** Actuarial loss Prior service (credit) Net unrealized gain on retirement benefits adjustments Total other comprehensive income (loss) $ $ $ *   Re presents the accumulated translation adjustments related to the foreign subsidiaries of the Water operations that were sold (see Note 18). ** These accumulated other comprehensive income amounts are included in net periodic postretirement costs. See Note 7 for additional detail. In the first nine months of 2015 and 2014, the noncontrolling interests’ comprehensive income was $.2 million and $1.0 million, respectively, which consisted of net income of $.6 million and $1.0 million and cumulative translation adjustments of $(.4) million and none , respectively.

DIVIDENDS DECLARED AND PAID (Ta

DIVIDENDS DECLARED AND PAID (Tables)	9 Months Ended
	Jul. 31, 2015
DIVIDENDS DECLARED AND PAID
Dividends Declared and Paid	Dividends declared and paid on a per share basis were as follows: Three Months Ended Nine Months Ended July 31 July 31 2015 2014 2015 2014 Dividends declared $ .60 $ .60 $ $ Dividends paid $ .60 $ .51 $ $

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Jul. 31, 2015
EARNINGS PER SHARE
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: Three Months Ended Nine Months Ended July 31 July 31 2015 2014 2015 2014 Net income attributable to Deere & Company $ $ $ $ Less income allocable to participating securities .2 .3 .6 .8 Income allocable to common stock $ $ $ $ Average shares outstanding Basic per share $ $ $ $ Average shares outstanding Effect of dilutive share-based compensation Total potential shares outstanding Diluted per share $ $ $ $

PENSION AND OTHER POSTRETIREM32

PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)	9 Months Ended
	Jul. 31, 2015
PENSION AND OTHER POSTRETIREMENT BENEFITS
Components of Pension and Postretirement Benefit Costs	The worldwide components of net periodic pension cost consisted of the following in millions of dollars: Three Months Ended Nine Months Ended July 31 July 31 2015 2014 2015 2014 Service cost $ $ $ $ Interest cost Expected return on plan assets Amortization of actuarial loss Amortization of prior service cost Settlements/curtailments Net cost $ $ $ $ The worldwide components of net periodic postretirement benefits cost (health care and life insurance) consisted of the following in millions of dollars: Three Months Ended Nine Months Ended July 31 July 31 2015 2014 2015 2014 Service cost $ $ $ $ Interest cost Expected return on plan assets Amortization of actuarial loss Amortization of prior service credit Net cost $ $ $ $

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	9 Months Ended
	Jul. 31, 2015
SEGMENT REPORTING
Schedule of Segment Reporting Information	Worldwide net sales and revenues, operating profit and identifiable assets by segment in millions of dollars follow: Three Months Ended July 31 Nine Months Ended July 31 % % 2015 2014 Change 2015 2014 Change Net sales and revenues: Agriculture and turf $ $ -24 $ $ -25 Construction and forestry -13 Total net sales -22 -20 Financial services -3 +7 Other revenues -2 -1 Total net sales and revenues $ $ -20 $ $ -18 Operating profit: * Agriculture and turf $ $ -50 $ $ -54 Construction and forestry -34 +10 Financial services -4 +12 Total operating profit -39 -36 Reconciling items ** +5 -22 Income taxes -46 -39 Net income attributable to Deere & Company $ $ -40 $ $ -37 Intersegment sales and revenues: Agriculture and turf net sales $ $ -21 $ $ -33 Construction and forestry net sales Financial services -6 -2 Equipment operations outside the U.S. and Canada: Net sales $ $ -23 $ $ -26 Operating profit -34 -41 July 31 October 31 2015 2014 Identifiable assets: Agriculture and turf $ $ -7 Construction and forestry Financial services -3 Corporate -8 Total assets $ $ -4 *   Operating profit is income from continuing operations before corporate expenses, certain external interest expense, certain foreign exchange gains and losses and income taxes. Operating profit of the financial services segment includes the effect of interest expense and foreign exchange gains and losses. **   Reconciling items are primarily corporate expenses, certain external interest expense, certain foreign exchange gains and losses and net income attributable to noncontrolling interests.

FINANCING RECEIVABLES (Tables)

FINANCING RECEIVABLES (Tables)	9 Months Ended
	Jul. 31, 2015
FINANCING RECEIVABLES
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 in millions of dollars follows: July 31, 2015 90 Days 30-59 Days 60-89 Days or Greater Total Past Due Past Due Past Due Past Due Retail Notes: Agriculture and turf $ $ $ $ Construction and forestry Other: Agriculture and turf Construction and forestry Total $ $ $ $ Total Total Total Financing Past Due Non-Performing Current Receivables Retail Notes: Agriculture and turf $ $ $ $ Construction and forestry Other: Agriculture and turf Construction and forestry Total $ $ $ Less allowance for credit losses Total financing receivables - net $ October 31, 2014 90 Days 30-59 Days 60-89 Days or Greater Total Past Due Past Due Past Due Past Due Retail Notes: Agriculture and turf $ $ $ $ Construction and forestry Other: Agriculture and turf Construction and forestry Total $ $ $ $ Total Total T otal Financing Past Due Non- Performing Current Receivables Retail Notes: Agriculture and turf $ $ $ $ Construction and forestry Other: Agriculture and turf Construction and forestry Total $ $ $ Less allowance for credit losses Total financing receivables - net $ July 31, 2014 90 Days 30-59 Days 60-89 Days or Greater Total Past Due Past Due Past Due Past Due Retail Notes: Agriculture and turf $ $ $ $ Construction and forestry Other: Agriculture and turf Construction and forestry Total $ $ $ $ Total Total Total Financing Past Due Non- Performing Current Receivables Retail Notes: Agriculture and turf $ $ $ $ Construction and forestry Other: Agriculture and turf Construction and forestry Total $ $ $ Less allowance for credit losses Total financing receivables - net $
Analysis of the Allowance for Credit Losses and Investment in Financing Receivables	An analysis of the allowance for credit losses and investment in financing receivables in millions of dollars during the periods follows: Three Months Ended July 31, 2015 Revolving Retail Charge Notes Accounts Other Total Allowance: Beginning of period balance $ $ $ $ Provision Write-offs Recoveries Translation adjustments End of period balance * $ $ $ $ Nine Months Ended July 31, 2015 Allowance: Beginning of period balance $ $ $ $ Provision Write-offs Recoveries Translation adjustments End of period balance * $ $ $ $ Financing receivables: End of period balance $ $ $ $ Balance individually evaluated ** $ $ $ $ Three Months Ended July 31, 2014 Revolving Retail Charge Notes Accounts Other Total Allowance: Beginning of period balance $ $ $ $ Provision Write-offs Recoveries End of period balance * $ $ $ $ Nine Months Ended July 31, 2014 Allowance: Beginning of period balance $ $ $ $ Provision Write-offs Recoveries Translation adjustments End of period balance * $ $ $ $ Financing receivables: End of period balance $ $ $ $ Balance individually evaluated ** $ $ $ $ *   Individual allowances were not significant. **   Remainder is collectively evaluated.
Analysis of the Impaired Financing Receivables	An analysis of the impaired financing receivables in millions of dollars follows: Unpaid Average Recorded Principal Specific Recorded Investment Balance Allowance Investment July 31, 2015* Receivables with specific allowance ** $ $ $ $ Receivables without a specific allowance *** Total $ $ $ $ Agriculture and turf $ $ $ $ Construction and forestry $ $ $ October 31, 2014* Receivables with specific allowance ** $ $ $ $ Receivables without a specific allowance ** Total $ $ $ $ Agriculture and turf $ $ $ $ Construction and forestry $ $ $ July 31, 2014* Receivables with specific allowance **** $ $ $ $ Receivables without a specific allowance ** Total $ $ $ $ Agriculture and turf $ $ $ $ Construction and forestry $ $ $ *     Finance income recognized was not material. **   Primarily retail notes. *** Primarily retail notes and wholesale receivables. ** ** Primarily wholesale receivables, retail notes and operating loans.

SECURITIZATION OF FINANCING R35

SECURITIZATION OF FINANCING RECEIVABLES (Tables)	9 Months Ended
	Jul. 31, 2015
SECURITIZATION OF FINANCING RECEIVABLES
Unconsolidated Conduits, Carrying Amount of Liabilities Compared to Maximum Exposure to Loss	The Company’s carrying amount of the liabilities to the unconsolidated conduits, compared to the maximum exposure to loss related to these conduits, which would only be incurred in the event of a complete loss on the restricted assets, was as follows in millions of dollars: July 31, 2015 Carrying value of liabilities $ Maximum exposure to loss
Components of Consolidated Restricted Assets, Secured Borrowings and Other Liabilities Related to Securitization Transactions	The components of consolidated restricted assets related to secured borrowings in securitization transactions follow in millions of dollars: July 31 October 31 July 31 2015 2014 2014 Financing receivables securitized (retail notes) $ $ $ Allowance for credit losses Other assets Total restricted securitized assets $ $ $ The components of consolidated secured borrowings and other liabilities related to securitizations follow in millions of dollars: July 31 October 31 July 31 2015 2014 2014 Short-term securitization borrowings $ $ $ Accrued interest on borrowings Total liabilities related to restricted securitized assets $ $ $

INVENTORIES (Tables)

INVENTORIES (Tables)	9 Months Ended
	Jul. 31, 2015
INVENTORIES
Major Classification of Inventories	Most inventories owned by Deere & Company and its U.S. equipment subsidiaries and certain foreign equipment subsidiaries are valued at cost on the “last-in, first-out” (LIFO) method. If all of the Company’s inventories had been valued on a “first-in, first-out” (FIFO) method, estimated inventories by major classification in millions of dollars would have been as follows: July 31 October 31 July 31 2015 2014 2014 Raw materials and supplies $ $ $ Work-in-process Finished goods and parts Total FIFO value Less adjustment to LIFO value Inventories $ $ $

GOODWILL AND OTHER INTANGIBLE37

GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables)	9 Months Ended
	Jul. 31, 2015
GOODWILL AND OTHER INTANGIBLE ASSETS-NET
Changes in Goodwill by Operating Segment	The changes in amounts of goodwill by operating segments were as follows in millions of dollars: Agriculture Construction and Turf and Forestry Total Balance October 31, 2013: Goodwill $ $ $ Less accumulated impairment losses Goodwill-net Divestitures Translation adjustments and other Balance July 31, 2014: Goodwill Less accumulated impairment losses * Goodwill-net $ $ $ Balance October 31, 2014: Goodwill $ $ $ Less accumulated impairment losses * Goodwill-net Translation adjustments Balance July 31, 2015: Goodwill-net $ $ $ *   Accumulated impairment losses were reduced by $60 million related to the divestiture of the Water operations, which occurred in May 2014 (see Note 18).
Components of Other Intangible Assets	The components of other intangible assets were as follows in millions of dollars: Useful Lives * July 31 October 31 July 31 (Years) 2015 2014 2014 Amortized intangible assets: Customer lists and relationships 15 $ $ $ Technology, patents, trademarks and other 18 Total at cost Less accumulated amortization ** Total Unamortized intangible assets: Licenses *** Other intangible assets-net $ $ $ *     Weighted - averages **   Accumulated amortization at July 31, 2015, October 31, 2014 and July 31, 2014 for customer lists and relationships totaled $10 million, $9 million and $9 million, respectively, and technology, patents, trademarks and other totaled $42 million, $36 million and $34 million, respectively. ** *   Licenses were reduced by $4 million related to the divestiture of the Crop Insurance operations, which occurred in March 2015 (see Note 19).

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Jul. 31, 2015
COMMITMENTS AND CONTINGENCIES
Reconciliation of the Changes in Warranty Liability and Unearned Premiums	A reconciliation of the changes in the warranty liability and unearned premiums in millions of dollars follows: Three Months Ended Nine Months Ended July 31 July 31 2015 2014 2015 2014 Beginning of period balance $ $ $ $ Payments Amortization of premiums received Accruals for warranties Premiums received Foreign exchange End of period balance $ $ $ $

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Jul. 31, 2015
FAIR VALUE MEASUREMENTS
Fair Value of Financial Instruments	The fair values of financial instruments that do not approximate the carrying values in millions of dollars follow: July 31, 2015 October 31, 2014 July 31, 2014 Carrying Value Fair Value * Carrying Value Fair Value * Carrying Value Fair Value * Financing receivables - net $ $ $ $ $ $ Financing receivables securitized - net Short-term securitization borrowings Long-term borrowings due within one year: Equipment operations $ $ $ $ $ $ Financial services Total $ $ $ $ $ $ Long-term borrowings: Equipment operations $ $ $ $ $ $ Financial services Total $ $ $ $ $ $ *   Fair value measurements above were Level 3 for all financing receivables and Level 2 for all borrowings.
Assets and Liabilities Measured at Fair Value on a Recurring Basis	Assets and liabilities measured at fair value on a recurring basis in millions of dollars follow: July 31 October 31 July 31 2015* 2014* 2014* Marketable securities International equity 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 $ $ $ *     M easurements above were Level 2 measurements except for Level 1 measurements of the international equity securities of $8 million at July 31, 2015; the equity fund of $35 million, $45 million and $32 million at July 31, 2015, October 31, 2014 and July 31, 2014; the fixed income fund of $10 million at both October 31, 2014 and July 31, 2014; and the U.S. government debt securities of $37 million, $741 million and $1,041 million at July 31, 2015, October 31, 2014 and July 31, 2014, respectively. In addition, $31 million of the international debt securities were Level 3 measurements at July 31, 2015. There were no transfers between Level 1 and Level 2 during the first nine months of 2015 or 2014. **   Primarily issued by U.S. government sponsored enterprises. *** Excluded from this table are the Company’s 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.
Contractual Maturities of Debt Securities	The contractual maturities of debt securities at July 31, 2015 in millions of dollars are shown below. Actual maturities may differ from those scheduled as a result of prepayments by the issuers. Because of the potential for prepayment on mortgage-backed securities, they are not categorized by contractual maturity. Amortized Fair Cost Value Due in one year or less $ $ Due after one through five years Due after five through 10 years Due after 10 years Mortgage-backed securities Debt securities $ $
Fair Value, Recurring, Level 3 Measurements	Fair value, recurring, Level 3 measurements from available for sale marketable securities in millions of dollars follow: Three Months Ended Nine Months Ended July 31 July 31 2015 2015 Beginning of period balance Purchases $ $ Change in unrealized gain (loss) End of period balance $ $
Fair Value, Nonrecurring, Level 3 Measurements	Fair value , nonrecurring , Level 3 measurements from impairments in millions of dollars follow: Fair Value * Losses Three Months Ended Nine Months Ended July 31 October 31 July 31 July 31 July 31 2015 2014 2014 2015 2014 2015 2014 Property and equipment – net $ $ Assets held for sale – Water operations ** $ Other assets $ *   See financing receivables with specific allowances in Note 10. Losses were not significant. **   Does not include costs to sell (see Note 18).

DERIVATIVE INSTRUMENTS (Tables)

DERIVATIVE INSTRUMENTS (Tables)	9 Months Ended
	Jul. 31, 2015
DERIVATIVE INSTRUMENTS
Fair Value Hedge Interest Rate Contracts and Underlying Borrowings	The gains (losses) on these contracts and the underlying borrowings recorded in interest expense follow in millions of dollars: Three Months Ended Nine Months Ended July 31 July 31 2015 2014 2015 2014 Interest rate contracts * $ $ $ $ Borrowings ** *   Includes changes in fair values of interest rate contracts excluding net accrued interest income of $42 million and $44 million during the third quarter of 2015 and 2014, respectively, and $131 million and $121 million during the first nine months of 2015 and 2014, respectively. **   Includes adjustments for fair values of hedged borrowings excluding accrued interest expense of $68 million and $69 million during the third quarter of 2015 and 2014, respectively, and $207 million and $194 million during the first nine months of 2015 and 2014, respectively.
Fair Value of Derivative Instruments in Consolidated Balance Sheet	Fair values of derivative instruments in the condensed consolidated balance sheet in millions of dollars follow: July 31 October 31 July 31 Other Assets 2015 2014 2014 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 derivatives $ $ $ 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 derivatives $ $ $
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: Expense or Three Months Ended Nine Months Ended OCI July 31 July 31 Classification 2015 2014 2015 2014 Fair Value Hedges: Interest rate contracts Interest $ $ $ $ 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 * Foreign exchange contracts Other operating * Recognized Directly in Income (Ineffective Portion) ** ** ** ** Not Designated as Hedges: Interest rate contracts Interest * $ $ $ Foreign exchange contracts Cost of sales $ Foreign exchange contracts Other operating * Total not designated $ $ $ $ *   Includes interest and foreign exchange gains (losses) from cross-currency interest rate contracts. **   The amount is not significant.
Impact on Derivative Assets and Liabilities Related to Netting Arrangements and Collateral	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 follows: Gross Amounts Netting Collateral July 31, 2015 Recognized Arrangements Received Net Amount Derivatives: Assets $ $ $ $ Liabilities Gross Amounts Netting Collateral October 31, 2014 Recognized Arrangements Received Net Amount Derivatives: Assets $ $ $ $ Liabilities Gross Amounts Netting Collateral July 31, 2014 Recognized Arrangements Received Net Amount Derivatives: Assets $ $ $ $ Liabilities

DISPOSITION - CROP INSURANCE 41

DISPOSITION - CROP INSURANCE OPERATIONS (Tables)	9 Months Ended
	Jul. 31, 2015
Crop Insurance Operations
Dispositions
Amounts of the Major Classes of Assets and Liabilities	At January 31, 2015, the total assets of $381 million and liabilities of $267 million were classified as held for sale in the consolidated financial statements, which consisted of the following: January 31 2015 Cash and cash equivalents $ Marketable securities Other receivables Other intangible assets - net Other assets Total assets held for sale $ Account payable and accrued expenses, and Total liabilities held for sale $

SUPPLEMENTAL CONSOLIDATING DA42

SUPPLEMENTAL CONSOLIDATING DATA (Tables)	9 Months Ended
	Jul. 31, 2015
SUPPLEMENTAL CONSOLIDATING DATA
SUPPLEMENTAL CONSOLIDATING DATA STATEMENT OF INCOME	(20) SUPPLEMENTAL CONSOLIDATING DATA STATEMENT OF INCOME For the Three Months Ended July 31, 2015 and 2014 (In millions of dollars) Unaudited EQUIPMENT OPERATIONS* FINANCIAL SERVICES 2015 2014 2015 2014 Net Sales and Revenues Net sales $ $ Finance and interest income $ $ Other income Total Costs and Expenses Cost of sales Research and development expenses Selling, administrative and general expenses Interest expense Interest compensation to Financial Services Other operating expenses Total Income of Consolidated Group before Income Taxes Provision for income taxes Income of Consolidated Group Equity in Income of Unconsolidated Subsidiaries and Affiliates Financial Services .2 .3 Other Total .2 .3 Net Income Less: Net income attributable to noncontrolling interests .1 .2 Net Income Attributable to Deere & Company $ $ $ $ *   Deere & Company with Financial Services on the equity basis. The supplemental consolidating data is presented for informational purposes. Transactions between the “Equipment Operations” and “Financial Services” have been eliminated to arrive at the consolidated financial statements. SUPPLEMENTAL CONSOLIDATING DATA (Continued) STATEMENT OF INCOME For the Nine Months Ended July 31, 2015 and 2014 (In millions of dollars) Unaudited EQUIPMENT OPERATIONS* FINANCIAL SERVICES 2015 2014 2015 2014 Net Sales and Revenues Net sales $ $ Finance and interest income $ $ Other income Total Costs and Expenses Cost of sales Research and development expenses Selling, administrative and general expenses Interest expense Interest compensation to Financial Services Other operating expenses Total Income of Consolidated Group before Income Taxes Provision for income taxes Income of Consolidated Group Equity in Income of Unconsolidated Subsidiaries and Affiliates Financial Services Other .8 .6 Total Net Income Less: Net income attributable to noncontrolling interests .6 Net Income Attributable to Deere & Company $ $ $ $ *   Deere & Company with Financial Services on the equity basis. The supplemental consolidating data is presented for informational purposes. Transactions between the “Equipment Operations” and “Financial Services” have been eliminated to arrive at the consolidated financial statements.
SUPPLEMENTAL CONSOLIDATING DATA CONDENSED BALANCE SHEET	SUPPLEMENTAL CONSOLIDATING DATA (Continued) CONDENSED BALANCE SHEET (In millions of dollars) Unaudited EQUIPMENT OPERATIONS* FINANCIAL SERVICES July 31 October 31 July 31 July 31 October 31 July 31 2015 2014 2014 2015 2014 2014 Assets Cash and cash equivalents $ $ $ $ $ $ Marketable securities Receivables from unconsolidated subsidiaries and affiliates Trade accounts and notes receivable - net Financing receivables - net Financing receivables securitized - net Other receivables Equipment on operating leases - net Inventories Property and equipment - net Investments in unconsolidated subsidiaries and affiliates Goodwill Other intangible assets - net Retirement benefits Deferred income taxes Other assets Total Assets $ $ $ $ $ $ Liabilities and Stockholders’ Equity Short-term borrowings $ $ $ $ $ $ Short-term securitization borrowings Payables to unconsolidated subsidiaries and affiliates Accounts payable and accrued expenses Deferred income taxes Long-term borrowings Retirement benefits and other liabilities Total liabilities Commitments and contingencies (Note 14) Common stock, $1 par value (issued shares at July 31, 2015 – 536,431,204) Common stock in treasury Retained earnings Accumulated other comprehensive income (loss) Total Deere & Company stockholders' equity Noncontrolling interests Total stockholders’ equity Total Liabilities and Stockholders’ Equity $ $ $ $ $ $ *   Deere & Company with Financial Services on the equity basis. The supplemental consolidating data is presented for informational purposes. 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	SUPPLEMENTAL CONSOLIDATING DATA (Continued) STATEMENT OF CASH FLOWS For the Nine Months Ended July 31, 2015 and 2014 (In millions of dollars) Unaudited EQUIPMENT OPERATIONS* FINANCIAL SERVICES 2015 2014 2015 2014 Cash Flows from Operating Activities Net income $ $ $ $ Adjustments to reconcile net income to net cash provided by operating activities: Provision for credit losses Provision for depreciation and amortization Impairment charges Undistributed earnings of unconsolidated subsidiaries and affiliates (.8) Provision (credit) for deferred income taxes Changes in assets and liabilities: Trade receivables Insurance receivables Inventories Accounts payable and accrued expenses Accrued income taxes payable/receivable Retirement benefits Other Net cash provided by operating activities Cash Flows from Investing Activities Collections of receivables (excluding trade and wholesale) Proceeds from maturities and sales of marketable securities Proceeds from sales of equipment on operating leases Proceeds from sales of businesses, net of cash sold Cost of receivables acquired (excluding trade and wholesale) Purchases of marketable securities Purchases of property and equipment Cost of equipment on operating leases acquired Increase in trade and wholesale receivables Other Net cash provided by (used for) investing activities Cash Flows from Financing Activities Increase (decrease) in total short-term borrowings Change in intercompany receivables/payables Proceeds from long-term borrowings Payments of long-term borrowings Proceeds from issuance of common stock Repurchases of common stock Dividends paid Excess tax benefits from share-based compensation Other Net cash provided by (used for) financing activities Effect of Exchange Rate Changes on Cash and Cash Equivalents .3 Net Increase (Decrease) in Cash and Cash Equivalents Cash and Cash Equivalents at Beginning of Period Cash and Cash Equivalents at End of Period $ $ $ $ *   Deere & Company with Financial Services on the equity basis. The supplemental consolidating data is presented for informational purposes. Transactions between the “Equipment Operations” and “Financial Services” have been eliminated to arrive at the consolidated financial statements.

SUMMARY OF SIGNIFICANT ACCOUN43

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND CASH FLOW INFORMATION (Details) - USD ($) $ in Millions	9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND CASH FLOW INFORMATION
Transfer of inventory to equipment on operating leases	$ 468	$ 499
Accounts payable related to purchases of property and equipment	$ 42	$ 50

OTHER COMPREHENSIVE INCOME IT44

OTHER COMPREHENSIVE INCOME ITEMS (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Accumulated other comprehensive income (loss)
Balance			$ 9,065.5	$ 10,267.7
Net current period other comprehensive income (loss)	$ (213.9)	$ 18.8	(724.8)	48.4
Balance	7,725	10,832.5	7,725	10,832.5
Total Accumulated Other Comprehensive Income (Loss)
Accumulated other comprehensive income (loss)
Balance			(3,783)	(2,693)
Other comprehensive income (loss) items before reclassification			(851)	(85)
Amounts reclassified from accumulated other comprehensive income (loss)			127	133
Net current period other comprehensive income (loss)			(724)	48
Balance	(4,507)	(2,645)	(4,507)	(2,645)
Retirement Benefits Adjustment
Accumulated other comprehensive income (loss)
Balance			(3,493)	(2,809)
Other comprehensive income (loss) items before reclassification			(23)	12
Amounts reclassified from accumulated other comprehensive income (loss)			127	113
Net current period other comprehensive income (loss)	41	37	104	125
Balance	(3,389)	(2,684)	(3,389)	(2,684)
Cumulative Translation Adjustment
Accumulated other comprehensive income (loss)
Balance			(303)	113
Other comprehensive income (loss) items before reclassification		(33)	(832)	(95)
Amounts reclassified from accumulated other comprehensive income (loss)				9
Net current period other comprehensive income (loss)	(255)	(24)	(832)	(86)
Balance	(1,135)	27	(1,135)	27
Unrealized Gain (Loss) on Derivatives
Accumulated other comprehensive income (loss)
Balance				(3)
Other comprehensive income (loss) items before reclassification	(2)	(1)	(5)	(7)
Amounts reclassified from accumulated other comprehensive income (loss)			4	11
Net current period other comprehensive income (loss)	(1)	2	(1)	4
Balance	(1)	1	(1)	1
Unrealized Gain (Loss) on Investments
Accumulated other comprehensive income (loss)
Balance			13	6
Other comprehensive income (loss) items before reclassification	3	4	9	5
Amounts reclassified from accumulated other comprehensive income (loss)			(4)
Net current period other comprehensive income (loss)	1	4	5	5
Balance	$ 18	$ 11	$ 18	$ 11

OTHER COMPREHENSIVE INCOME IT45

OTHER COMPREHENSIVE INCOME ITEMS (Details 2) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Other Comprehensive Income (Loss), Before Tax
Interest expense	$ (171.5)	$ (153.9)	$ (517.1)	$ (491.5)
Other operating expense	(223.6)	(260)	(659.1)	(738.1)
Other income	157.5	203.7	537.7	535.3
Total other comprehensive income (loss), before tax	(190)	43	(659)	125
Other Comprehensive Income (Loss), Tax (Expense) Credit
Total other comprehensive income (loss), tax (expense) credit	(24)	(24)	(65)	(77)
Other Comprehensive Income (Loss), After Tax
Other Comprehensive Income (Loss), Net of Income Taxes	(213.9)	18.8	(724.8)	48.4
Cumulative Translation Adjustment
Other Comprehensive Income (Loss), Before Tax
Other comprehensive income (loss) before reclassification, before tax		(33)		(96)
Total other comprehensive income (loss), before tax	(256)	(24)	(831)	(87)
Other Comprehensive Income (Loss), Tax (Expense) Credit
Other comprehensive income (loss) before reclassification, tax (expense) credit				1
Total other comprehensive income (loss), tax (expense) credit	1		(1)	1
Other Comprehensive Income (Loss), After Tax
Other comprehensive income (loss) before reclassification, after tax		(33)	(832)	(95)
Reclassification from accumulated other comprehensive income, after tax				9
Other Comprehensive Income (Loss), Net of Income Taxes	(255)	(24)	(832)	(86)
Cumulative Translation Adjustment | Reclassification out of Accumulated Other Comprehensive Income (Loss)
Other Comprehensive Income (Loss), Before Tax
Other operating expense		9		9
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax		9		9
Unrealized Gain (Loss) on Derivatives
Other Comprehensive Income (Loss), Before Tax
Other comprehensive income (loss) before reclassification, before tax	(4)	(2)	(8)	(11)
Total other comprehensive income (loss), before tax	(2)	2	(2)	7
Other Comprehensive Income (Loss), Tax (Expense) Credit
Other comprehensive income (loss) before reclassification, tax (expense) credit	2	1	3	4
Total other comprehensive income (loss), tax (expense) credit	1		1	(3)
Other Comprehensive Income (Loss), After Tax
Other comprehensive income (loss) before reclassification, after tax	(2)	(1)	(5)	(7)
Reclassification from accumulated other comprehensive income, after tax			4	11
Other Comprehensive Income (Loss), Net of Income Taxes	(1)	2	(1)	4
Unrealized Gain (Loss) on Derivatives | Interest Rate Contracts | Reclassification out of Accumulated Other Comprehensive Income (Loss)
Other Comprehensive Income (Loss), Before Tax
Interest expense	3	3	9	11
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit	(1)	(1)	(3)	(4)
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	2	2	6	7
Unrealized Gain (Loss) on Derivatives | Foreign Exchange Contracts | Reclassification out of Accumulated Other Comprehensive Income (Loss)
Other Comprehensive Income (Loss), Before Tax
Other operating expense	(1)	1	(3)	7
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit			1	(3)
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	(1)	1	(2)	4
Unrealized Gain (Loss) on Investments
Other Comprehensive Income (Loss), Before Tax
Other comprehensive income (loss) before reclassification, before tax	6	6	14	8
Total other comprehensive income (loss), before tax	3	6	7	8
Other Comprehensive Income (Loss), Tax (Expense) Credit
Other comprehensive income (loss) before reclassification, tax (expense) credit	(3)	(2)	(5)	(3)
Total other comprehensive income (loss), tax (expense) credit	(2)	(2)	(2)	(3)
Other Comprehensive Income (Loss), After Tax
Other comprehensive income (loss) before reclassification, after tax	3	4	9	5
Reclassification from accumulated other comprehensive income, after tax			(4)
Other Comprehensive Income (Loss), Net of Income Taxes	1	4	5	5
Unrealized Gain (Loss) on Investments | Reclassification out of Accumulated Other Comprehensive Income (Loss)
Other Comprehensive Income (Loss), Before Tax
Other income	(3)		(7)
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit	1		3
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	(2)		(4)
Retirement Benefits Adjustment
Other Comprehensive Income (Loss), Before Tax
Total other comprehensive income (loss), before tax	65	59	167	197
Other Comprehensive Income (Loss), Tax (Expense) Credit
Total other comprehensive income (loss), tax (expense) credit	(24)	(22)	(63)	(72)
Other Comprehensive Income (Loss), After Tax
Other comprehensive income (loss) before reclassification, after tax			(23)	12
Reclassification from accumulated other comprehensive income, after tax			127	113
Other Comprehensive Income (Loss), Net of Income Taxes	41	37	104	125
Retirement Benefits Adjustment | Pensions
Other Comprehensive Income (Loss), Before Tax
Other comprehensive income (loss) before reclassification, before tax	(4)	1	(21)	(19)
Other Comprehensive Income (Loss), Tax (Expense) Credit
Other comprehensive income (loss) before reclassification, tax (expense) credit	1		7	8
Other Comprehensive Income (Loss), After Tax
Other comprehensive income (loss) before reclassification, after tax	(3)	1	(14)	(11)
Retirement Benefits Adjustment | Health Care and Life Insurance
Other Comprehensive Income (Loss), Before Tax
Other comprehensive income (loss) before reclassification, before tax		(1)	(12)	38
Other Comprehensive Income (Loss), Tax (Expense) Credit
Other comprehensive income (loss) before reclassification, tax (expense) credit			3	(15)
Other Comprehensive Income (Loss), After Tax
Other comprehensive income (loss) before reclassification, after tax		(1)	(9)	23
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	55	43	165	129
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit	(20)	(16)	(60)	(47)
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	35	27	105	82
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	22	8	68	25
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit	(8)	(3)	(25)	(9)
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	14	5	43	16
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	7	6	19	18
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit	(2)	(2)	(7)	(7)
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	5	4	12	11
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	(19)		(57)	(2)
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit	7		21	1
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	(12)		(36)	(1)
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	4	2	5	8
Other Comprehensive Income (Loss), Tax (Expense) Credit
Reclassification from accumulated other comprehensive income, tax (expense) credit	(2)	(1)	(2)	(3)
Other Comprehensive Income (Loss), After Tax
Reclassification from accumulated other comprehensive income, after tax	$ 2	$ 1	$ 3	$ 5

OTHER COMPREHENSIVE INCOME IT46

OTHER COMPREHENSIVE INCOME ITEMS (Details 3) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interests
Comprehensive income (loss) attributable to noncontrolling interests	$ 0	$ 0.2	$ 0.2	$ 1
Net income (loss) attributable to noncontrolling interests	0.1	0.2	0.6	1
Cumulative translation adjustments attributable to noncontrolling interests	$ (0.1)	$ 0	$ (0.4)	$ 0

DIVIDENDS DECLARED AND PAID (De

DIVIDENDS DECLARED AND PAID (Details) - $ / shares	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
DIVIDENDS DECLARED AND PAID
Dividends declared (in dollars per share)	$ 0.60	$ 0.60	$ 1.80	$ 1.62
Dividends paid (in dollars per share)	$ 0.60	$ 0.51	$ 1.80	$ 1.53

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
EARNINGS PER SHARE
Net income attributable to Deere & Company	$ 511.6	$ 850.7	$ 1,588.8	$ 2,512.5
Less income allocable to participating securities (in dollars)	0.2	0.3	0.6	0.8
Income allocable to common stock (in dollars)	$ 511.4	$ 850.4	$ 1,588.2	$ 2,511.7
Average shares outstanding	331.4	361.9	337.3	366.8
Basic (in dollars per share)	$ 1.54	$ 2.35	$ 4.71	$ 6.85
Diluted Earnings Per Share
Average shares outstanding	331.4	361.9	337.3	366.8
Effect of dilutive share-based compensation (in shares)	2.7	3.2	2.6	3.3
Total potential shares outstanding	334.1	365.1	339.9	370.1
Diluted (in dollars per share)	$ 1.53	$ 2.33	$ 4.67	$ 6.79
Antidilutive incremental shares excluded from computation of earnings per share		2.4		2.4

PENSION AND OTHER POSTRETIREM49

PENSION AND OTHER POSTRETIREMENT BENEFITS (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Pensions
Defined Benefit Plan Disclosure
Service cost	$ 70	$ 61	$ 212	$ 184
Interest cost	118	119	356	358
Expected return on plan assets	(192)	(192)	(577)	(578)
Amortization of actuarial (gain) loss	55	43	165	129
Amortization of prior service (credit) cost	7	6	19	18
Settlements/curtailments	4	2	5	8
Net cost	62	39	180	119
Defined benefit plan employer contributions			61
Defined benefit plan employer contributions expected for the remainder of the fiscal year			16
Health Care and Life Insurance
Defined Benefit Plan Disclosure
Service cost	12	11	35	33
Interest cost	65	66	194	197
Expected return on plan assets	(14)	(18)	(42)	(53)
Amortization of actuarial (gain) loss	22	8	68	25
Amortization of prior service (credit) cost	(19)		(57)	(2)
Net cost	$ 66	$ 67	198	$ 200
Defined benefit plan employer contributions			22
Defined benefit plan employer contributions expected for the remainder of the fiscal year			$ 5

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Millions	Jul. 31, 2015	Oct. 31, 2014
UNRECOGNIZED TAX BENEFITS
Unrecognized tax benefits	$ 236	$ 213
Unrecognized tax benefits affecting effective tax rate if recognized	$ 80

SEGMENT REPORTING (Details)

SEGMENT REPORTING (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014	Oct. 31, 2014
Net Sales and Revenues
Total net sales	$ 6,839.5	$ 8,723	$ 19,843.1	$ 24,917.8
% Change - Net sales	(22.00%)		(20.00%)
Total net sales and revenues	$ 7,593.7	9,500.2	$ 22,147.5	27,102.1
% Change - Net sales and revenues	(20.00%)		(18.00%)
Operating Profit (Loss)
Total operating profit (loss)	$ 840	1,384	$ 2,579	4,047
% Change - Operating profit (loss)	(39.00%)		(36.00%)
Net income attributable to Deere & Company	$ 511.6	850.7	$ 1,588.8	2,512.5
% Change - Net income (loss) attributable to Deere & Company	(40.00%)		(37.00%)
Identifiable Assets
Total Assets	$ 58,932.2	61,748.5	$ 58,932.2	61,748.5	$ 61,336.4
% Change - Identifiable assets			(4.00%)
Operating Segments (Other)
Reconciling items	$ (87)	(83)	$ (254)	(324)
% Change - Reconciling items	5.00%		(22.00%)
Income taxes	$ (241)	(450.2)	$ (735.6)	(1,209.6)
% Change - Income taxes	(46.00%)		(39.00%)
Equipment Operations
Net Sales and Revenues
Total net sales	$ 6,839.5	8,723	$ 19,843.1	24,917.8
Total net sales and revenues	7,001.1	8,884.4	20,353.1	25,415.4
Operating Profit (Loss)
Net income attributable to Deere & Company	511.6	850.7	1,588.8	2,512.5
Identifiable Assets
Total Assets	26,573.5	30,060.5	26,573.5	30,060.5	28,296.7
Operating Segments (Other)
Income taxes	(155.5)	(363.8)	(478.5)	(1,001.7)
Equipment Operations | Outside U.S. and Canada:
Net Sales and Revenues
Total net sales	$ 2,642	3,419	$ 7,144	9,698
% Change - Net sales	(23.00%)		(26.00%)
Operating Profit (Loss)
Total operating profit (loss)	$ 195	295	$ 503	847
% Change - Operating profit (loss)	(34.00%)		(41.00%)
Corporate
Identifiable Assets
Total Assets	$ 5,228		$ 5,228		5,705
% Change - Identifiable assets			(8.00%)
Agriculture and Turf
Net Sales and Revenues
Total net sales	$ 5,308	6,969	$ 15,155	20,211
% Change - Net sales	(24.00%)		(25.00%)
Operating Profit (Loss)
Total operating profit (loss)	$ 472	941	$ 1,378	2,967
% Change - Operating profit (loss)	(50.00%)		(54.00%)
Identifiable Assets
Total Assets	$ 8,827		$ 8,827		9,442
% Change - Identifiable assets			(7.00%)
Agriculture and Turf | Intersegment Sales and Revenue
Net Sales and Revenues
Total net sales and revenues	$ 19	24	$ 44	66
% Change - Net sales and revenues	(21.00%)		(33.00%)
Construction and Forestry
Net Sales and Revenues
Total net sales	$ 1,532	1,754	$ 4,688	4,707
% Change - Net sales	(13.00%)
Operating Profit (Loss)
Total operating profit (loss)	$ 129	194	$ 464	420
% Change - Operating profit (loss)	(34.00%)		10.00%
Identifiable Assets
Total Assets	$ 3,407		$ 3,407		3,405
Construction and Forestry | Intersegment Sales and Revenue
Net Sales and Revenues
Total net sales and revenues			1	1
Financial Services
Net Sales and Revenues
Total net sales and revenues	$ 636	656	$ 1,937	1,815
% Change - Net sales and revenues	(3.00%)		7.00%
Operating Profit (Loss)
Total operating profit (loss)	$ 239	249	$ 737	660
% Change - Operating profit (loss)	(4.00%)		12.00%
Identifiable Assets
Total Assets	$ 41,470		$ 41,470		$ 42,784
% Change - Identifiable assets			(3.00%)
Financial Services | Intersegment Sales and Revenue
Net Sales and Revenues
Total net sales and revenues	$ 60	64	$ 165	169
% Change - Net sales and revenues	(6.00%)		(2.00%)
Other
Net Sales and Revenues
Total net sales and revenues	$ 118	$ 121	$ 367	$ 369
% Change - Net sales and revenues	(2.00%)		(1.00%)

FINANCING RECEIVABLES (Details)

FINANCING RECEIVABLES (Details) - USD ($) $ in Millions	9 Months Ended
	Jul. 31, 2015	Apr. 30, 2015	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Oct. 31, 2013
FINANCING RECEIVABLES
Minimum number of days for a financing receivable to be considered past due	30 days
Generally the number of days before a receivable is considered to be non-performing, accrual of finance income is suspended and the estimated uncollectible amount is written off	120 days
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	$ 362		$ 288	$ 322
Total Non-Performing	152		141	226
Current	29,354		31,770	30,976
Total Financing Receivables	29,868		32,199	31,524
Less allowance for credit losses	157	$ 163	175	180	$ 171	$ 173
Total financing receivables - net	29,711		32,024	31,344
30-59 Days Past Due
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	203		182	197
60-89 Days Past Due
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	80		65	73
90 Days or Greater Past Due
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	79		41	52
Retail Notes
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Financing Receivables	21,329			22,090
Less allowance for credit losses	94	$ 99	109	106	$ 105	$ 101
Retail Notes | Agriculture and Turf
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	206		155	167
Total Non-Performing	112		107	117
Current	18,354		19,966	19,458
Total Financing Receivables	18,672		20,228	19,742
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	108		93	99
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	44		34	38
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	54		28	30
Retail Notes | Construction and Forestry
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	99		77	93
Total Non-Performing	20		17	18
Current	2,538		2,462	2,237
Total Financing Receivables	2,657		2,556	2,348
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	65		54	61
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	20		16	20
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	14		7	12
Other Financing Receivables | Agriculture and Turf
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	39		37	40
Total Non-Performing	12		15	85
Current	7,453		8,208	8,169
Total Financing Receivables	7,504		8,260	8,294
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	20		23	22
Other Financing Receivables | Agriculture and Turf | 60-89 Days Past Due
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	12		12	10
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		2	8
Other Financing Receivables | Construction and Forestry
Age Analysis of Past Due Financing Receivables Still Accruing Interest and Non-Performing Financing Receivables
Total Past Due	18		19	22
Total Non-Performing	8		2	6
Current	1,009		1,134	1,112
Total Financing Receivables	1,035		1,155	1,140
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	10		12	15
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	4		3	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	$ 4		$ 4	$ 2

FINANCING RECEIVABLES (Details

FINANCING RECEIVABLES (Details 2) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014	Oct. 31, 2014
Allowance:
Beginning of period balance	$ 163	$ 171	$ 175	$ 173
Provision (credit)	19	16	33	23
Write-offs	(27)	(15)	(53)	(34)
Recoveries	7	8	20	19
Translation adjustments	(5)		(18)	(1)
End of period balance	157	180	157	180
Financing receivables:
End of period balance	29,868	31,524	29,868	31,524	$ 32,199
Balance individually evaluated	31	125	31	125
Retail Notes
Allowance:
Beginning of period balance	99	105	109	101
Provision (credit)	4	2	9	10
Write-offs	(8)	(4)	(17)	(12)
Recoveries	3	3	7	8
Translation adjustments	(4)		(14)	(1)
End of period balance	94	106	94	106
Financing receivables:
End of period balance	21,329	22,090	21,329	22,090
Balance individually evaluated	19	44	19	44
Revolving Charge Accounts
Allowance:
Beginning of period balance	41	40	41	41
Provision (credit)	14	7	22	10
Write-offs	(18)	(10)	(34)	(21)
Recoveries	4	4	12	11
End of period balance	41	41	41	41
Financing receivables:
End of period balance	2,680	2,562	2,680	2,562
Balance individually evaluated	3	1	3	1
Other Financing Receivables
Allowance:
Beginning of period balance	23	26	25	31
Provision (credit)	1	7	2	3
Write-offs	(1)	(1)	(2)	(1)
Recoveries		1	1
Translation adjustments	(1)		(4)
End of period balance	22	33	22	33
Financing receivables:
End of period balance	5,859	6,872	5,859	6,872
Balance individually evaluated	$ 9	$ 80	$ 9	$ 80

FINANCING RECEIVABLES (Detail54

FINANCING RECEIVABLES (Details 3) $ in Millions	9 Months Ended		12 Months Ended
	Jul. 31, 2015USD ($)item	Jul. 31, 2014USD ($)item	Oct. 31, 2014USD ($)
Analysis of Impaired Financing Receivables
Recorded investment, with specific allowance	$ 5	$ 92	$ 9
Recorded investment, without specific allowance	20	6	6
Recorded Investment	25	98	15
Unpaid principal balance, with specific allowance	4	92	9
Unpaid principal balance, without specific allowance	19	6	6
Unpaid Principal Balance	23	98	15
Specific allowance, with allowance	1	10	2
Specific Allowance	1	10	2
Average recorded investment, with specific allowance	8	95	10
Average recorded investment, without specific allowance	21	6	7
Average Recorded Investment	$ 29	$ 101	17
Financing Receivables Related to Troubled Debt Restructurings
Financing receivable contracts in troubled debt restructuring, number | item	76	51
Financing receivables in troubled debt restructurings, aggregate balances, pre-modification	$ 2.2	$ 1.4
Financing receivables in troubled debt restructurings, aggregate balances, post-modification	$ 1.7	$ 1.2
Number of troubled debt restructurings that subsequently defaulted | item	0	0
Commitments to lend additional funds to borrowers whose accounts were modified in troubled debt restructurings	$ 0
Agriculture and Turf
Analysis of Impaired Financing Receivables
Recorded Investment	12	$ 96	12
Unpaid Principal Balance	11	96	12
Specific Allowance	1	10	2
Average Recorded Investment	16	99	13
Construction and Forestry
Analysis of Impaired Financing Receivables
Recorded Investment	13	2	3
Unpaid Principal Balance	12	2	3
Average Recorded Investment	$ 13	$ 2	$ 4

SECURITIZATION OF FINANCING R55

SECURITIZATION OF FINANCING RECEIVABLES (Details) - USD ($) $ in Millions	9 Months Ended
	Jul. 31, 2015	Oct. 31, 2014	Jul. 31, 2014
Securitization Transactions
Unconsolidated conduits, carrying value of liabilities	$ 1,798
Unconsolidated conduits, maximum exposure to loss	1,923
Total Assets	58,932.2	$ 61,336.4	$ 61,748.5
Financing receivables securitized (retail notes)	4,751	4,616	4,276
Allowance for credit losses - securitization transactions	(13)	(14)	(12)
Other assets - securitization transactions	108	108	102
Total restricted securitized assets - securitization transactions	4,846	4,710	4,366
Short-term securitization borrowings	4,595.4	4,558.5	4,142.8
Accrued interest on borrowings - securitization transactions	2	1	1
Total liabilities related to restricted securitized assets - securitization transactions	$ 4,597	4,560	4,144
Maximum remaining term of all restricted securitized retail notes	6 years
VIE-Primary Beneficiary
Securitization Transactions
Total restricted securitized assets - securitization transactions	$ 2,639	3,011	2,402
Total liabilities related to restricted securitized assets - securitization transactions	2,534	2,942	2,308
Non-VIE Banking Operation
Securitization Transactions
Total restricted securitized assets - securitization transactions	284	368	425
Total liabilities related to restricted securitized assets - securitization transactions	265	351	398
VIE-Not Primary Beneficiary
Securitization Transactions
Total Assets	54,000
Total restricted securitized assets - securitization transactions	1,923	1,331	1,539
Total liabilities related to restricted securitized assets - securitization transactions	$ 1,798	$ 1,267	$ 1,438

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Millions	Jul. 31, 2015	Oct. 31, 2014	Jul. 31, 2014
INVENTORIES
Raw materials and supplies	$ 1,587	$ 1,724	$ 1,848
Work-in-process	522	654	792
Finished goods and parts	3,701	3,360	4,361
Total FIFO value	5,810	5,738	7,001
Less adjustment to LIFO value	1,491	1,528	1,562
Inventories	$ 4,319	$ 4,209.7	$ 5,439

GOODWILL AND OTHER INTANGIBLE57

GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Details) - USD ($) $ in Millions	9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014
Changes in Amounts of Goodwill
Goodwill - gross, beginning balance	$ 791	$ 905
Less accumulated impairment losses, beginning balance		60
Goodwill - net, beginning balance	791.2	845
Divestitures		(60)
Translation adjustments and other	(75)	(15)
Goodwill - gross, ending balance		830
Goodwill - net, ending balance	715.9	829.8
Water Operations | Disposal Group
Changes in Amounts of Goodwill
Decrease in accumulated impairment losses		60
Agriculture and Turf
Changes in Amounts of Goodwill
Goodwill - gross, beginning balance	235	302
Less accumulated impairment losses, beginning balance		60
Goodwill - net, beginning balance	235	242
Divestitures		(60)
Translation adjustments and other	(17)
Goodwill - gross, ending balance		242
Goodwill - net, ending balance	218	242
Construction and Forestry
Changes in Amounts of Goodwill
Goodwill - gross, beginning balance	556	603
Goodwill - net, beginning balance	556	603
Translation adjustments and other	(58)	(15)
Goodwill - gross, ending balance		588
Goodwill - net, ending balance	$ 498	$ 588

GOODWILL AND OTHER INTANGIBLE58

GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Details 2) - USD ($) $ in Millions	9 Months Ended
	Jul. 31, 2015	Oct. 31, 2014	Jul. 31, 2014
Amortized Intangible Assets:
Total at cost	$ 110	$ 110	$ 108
Less accumulated amortization	52	45	43
Total amortized intangible assets - net	58	65	65
Unamortized intangible assets:
Licenses		4	4
Intangible assets - net (excluding goodwill)
Other intangible assets - net	57.8	68.8	69.4
Reduction of licenses related to divestiture	4
Customer Lists and Relationships
Amortized Intangible Assets:
Total at cost	19	20	20
Less accumulated amortization	$ 10	9	9
Useful Lives (weighted averages)	15 years
Technology, Patents, Trademarks and Other
Amortized Intangible Assets:
Total at cost	$ 91	90	88
Less accumulated amortization	$ 42	$ 36	$ 34
Useful Lives (weighted averages)	18 years

GOODWILL AND OTHER INTANGIBLE59

GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Details 3) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Amortized Intangible Assets:
Amortization expense of other intangible assets	$ 3	$ 3	$ 8	$ 8
Amortization expense of other intangible assets - remainder of 2015	2		2
Amortization expense of other intangible assets - 2016	10		10
Amortization expense of other intangible assets - 2017	9		9
Amortization expense of other intangible assets - 2018	5		5
Amortization expense of other intangible assets - 2019	$ 5		$ 5

COMMITMENTS AND CONTINGENCIES60

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
COMMITMENTS AND CONTINGENCIES
Historical claims rate, review period			5 years
Unamortized extended warranty premiums (deferred revenue)	$ 439	$ 389	$ 439	$ 389
Change in Warranty Liability and Unearned Premiums
Beginning of period balance	1,242	1,196	1,234	1,164
Payments	(221)	(206)	(564)	(572)
Amortization of premiums received	(39)	(43)	(121)	(103)
Accruals for warranties	222	183	592	550
Premiums received	51	54	143	150
Foreign exchange	(9)	(1)	(38)	(6)
End of period balance	$ 1,246	$ 1,183	$ 1,246	$ 1,183

COMMITMENTS AND CONTINGENCIES61

COMMITMENTS AND CONTINGENCIES (Details 2) - Jul. 31, 2015 - USD ($) $ in Millions	Total
COMMITMENTS AND CONTINGENCIES
Commitments for the construction and acquisition of property and equipment	$ 221
Other restricted assets	82
Miscellaneous contingent liabilities	37
Guarantees, Third-party Receivables
Guarantee Obligations
Guarantee obligations maximum exposure	183
Guarantee obligations accrued losses	$ 7
Guarantee obligations term	P5Y

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details) - USD ($) $ in Millions	Jul. 31, 2015	Oct. 31, 2014	Jul. 31, 2014
Fair Values of Financial Instruments
Financing receivables - net	$ 24,973.4	$ 27,422.2	$ 27,079.9
Financing receivables securitized - net	4,737.8	4,602.3	4,264.2
Short-term securitization borrowings	4,595.4	4,558.5	4,142.8
Long-term borrowings	23,200.9	24,380.7	24,035.5
Level 2
Fair Values of Financial Instruments
Short-term securitization borrowings	4,596	4,562	4,145
Long-term borrowings due within one year	4,831	4,976	5,165
Long-term borrowings	23,650	24,981	24,689
Level 3
Fair Values of Financial Instruments
Financing receivables - net	24,831	27,337	26,952
Financing receivables securitized - net	4,709	4,573	4,222
Carrying Value
Fair Values of Financial Instruments
Financing receivables - net	24,973	27,422	27,080
Financing receivables securitized - net	4,738	4,602	4,264
Short-term securitization borrowings	4,595	4,559	4,143
Long-term borrowings due within one year	4,850	4,973	5,160
Long-term borrowings	23,201	24,381	24,035
Equipment Operations
Fair Values of Financial Instruments
Financing receivables - net	4.7	18.5	7.1
Long-term borrowings	4,475.4	4,642.5	4,678.7
Equipment Operations | Level 2
Fair Values of Financial Instruments
Long-term borrowings due within one year	157	233	238
Long-term borrowings	4,878	5,095	5,120
Equipment Operations | Carrying Value
Fair Values of Financial Instruments
Long-term borrowings due within one year	167	243	245
Long-term borrowings	4,475	4,643	4,678
Financial Services
Fair Values of Financial Instruments
Financing receivables - net	24,968.7	27,403.7	27,072.8
Financing receivables securitized - net	4,737.8	4,602.3	4,264.2
Short-term securitization borrowings	4,595.4	4,558.5	4,142.8
Long-term borrowings	18,725.5	19,738.2	19,356.7
Financial Services | Level 2
Fair Values of Financial Instruments
Long-term borrowings due within one year	4,674	4,743	4,927
Long-term borrowings	18,772	19,886	19,569
Financial Services | Carrying Value
Fair Values of Financial Instruments
Long-term borrowings due within one year	4,683	4,730	4,915
Long-term borrowings	$ 18,726	$ 19,738	$ 19,357

FAIR VALUE MEASUREMENTS (Deta63

FAIR VALUE MEASUREMENTS (Details 2) - USD ($) $ in Millions	Jul. 31, 2015	Oct. 31, 2014	Jul. 31, 2014
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Marketable securities	$ 421.1	$ 1,215.1	$ 1,489.4
Derivative assets	425	353	348
Derivative liabilities	109	110	134
Transfer from Level 1 to Level 2, assets	0		0
Transfer from Level 2 to Level 1, assets	0		0
Transfer from Level 1 to Level 2, liabilities	0		0
Transfer from Level 2 to Level 1, liabilities	0		0
Other Assets
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Derivative assets	425	353	348
Accounts Payable and Accrued Expenses
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Derivative liabilities	109	110	134
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 1 and 2 | U.S. Government Debt Securities
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Marketable securities	82	808	1,108
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 1 | International Equity Securities
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Marketable securities	8
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 1 | Equity Fund
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Marketable securities	35	45	32
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 1 | Fixed Income Fund
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Marketable securities		10	10
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 1 | U.S. Government Debt Securities
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Marketable securities	37	741	1,041
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Total liabilities	109	110	134
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2 | Interest Rate Contracts | Other Assets
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Derivative assets	341	319	321
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2 | Interest Rate Contracts | Accounts Payable and Accrued Expenses
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Derivative liabilities	83	81	101
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2 | Foreign Exchange Contracts | Other Assets
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Derivative assets	57	18	14
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2 | Foreign Exchange Contracts | Accounts Payable and Accrued Expenses
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Derivative liabilities	26	29	32
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2 | Cross-Currency Interest Rate Contracts | Other Assets
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Derivative assets	27	16	13
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 Recurring and Nonrecurring 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 Recurring and Nonrecurring Basis
Marketable securities	30	34	34
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2 | Corporate Debt Securities
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Marketable securities	104	172	169
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2 | Mortgage-Backed Securities
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Marketable securities	115	146	136
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 2 and 3 | International Debt Securities
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Marketable securities	47
Assets and Liabilities Measured at Fair Value on a Recurring Basis | Level 3 | International Debt Securities
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Marketable securities	31
Total Estimated Fair Value | Assets and Liabilities Measured at Fair Value on a Recurring Basis
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Marketable securities	421	1,215	1,489
Total assets	$ 846	$ 1,568	$ 1,837

FAIR VALUE MEASUREMENTS (Deta64

FAIR VALUE MEASUREMENTS (Details 3) $ in Millions	Jul. 31, 2015USD ($)
Contractual Maturities of Debt Securities, Amortized Cost
Amortized cost, due in one year or less	$ 39
Amortized cost, due after one through five years	85
Amortized cost, due after five through 10 years	92
Amortized cost, due after 10 years	38
Amortized cost, mortgage-backed securities	113
Amortized cost, debt securities	367
Contractual Maturities of Debt Securities, Fair Value
Fair value, due in one year or less	40
Fair value, due after one through five years	88
Fair value, due after five through 10 years	95
Fair value, due after 10 years	40
Fair value, mortgage-backed securities	115
Fair value, debt securities	$ 378

FAIR VALUE MEASUREMENTS (Deta65

FAIR VALUE MEASUREMENTS (Details 4) - Jul. 31, 2015 - Assets and Liabilities Measured at Fair Value on a Recurring Basis - Level 3 - USD ($) $ in Millions	Total	Total
Fair Value, Recurring, Level 3 Measurements from Available for Sale Marketable Securities
Purchases	$ 30	$ 30
Change in unrealized gain (loss)	1	1
End of period balance	$ 31	$ 31

FAIR VALUE MEASUREMENTS (Deta66

FAIR VALUE MEASUREMENTS (Details 5) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Jan. 31, 2014	Jul. 31, 2014	Oct. 31, 2014
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Losses, Property and equipment - net		$ 62.3
Fair Value, Nonrecurring Measurements | Level 3
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Property and equipment - net			$ 53
Losses, Property and equipment - net		26
Losses, Assets held for sale - Water operations		$ 36
Other assets			$ 15
Fair Value, Nonrecurring Measurements | Level 3 | Water Operations | Cost of Sales
Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis
Non-cash charge for impairment of long-lived assets, pretax	$ 26
Non-cash charge for impairment of long-lived assets, after-tax	$ 26

DERIVATIVE INSTRUMENTS (Details

DERIVATIVE INSTRUMENTS (Details) - USD ($) $ in Millions	9 Months Ended
	Jul. 31, 2015	Oct. 31, 2014	Jul. 31, 2014
Cash Flow Hedges
Cash flow hedge loss recorded in OCI to be reclassified within twelve months	$ 5
Maximum maturity of cash flow hedge interest rate and cross-currency interest rate contracts	38 months
Gains or losses reclassified from OCI to earnings	$ 0
Interest Rate Contracts | Cash Flow Hedges Member | Designated as Hedges
Cash Flow Hedges
Notional amount of cash flow hedge derivatives	2,800	$ 3,050	$ 3,650
Cross-Currency Interest Rate Contracts | Cash Flow Hedges Member | Designated as Hedges
Cash Flow Hedges
Notional amount of cash flow hedge derivatives	$ 65	$ 70	$ 70

DERIVATIVE INSTRUMENTS (Detai68

DERIVATIVE INSTRUMENTS (Details 2) - Interest Rate Contracts - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014	Oct. 31, 2014
Fair Value Hedges
Gains (losses) on ineffective portion of interest rate fair value hedge derivatives	$ 0	$ (1)	$ 1	$ (2)
Gain (Loss) on Fair Value Hedges
Gains (losses) on interest rate contracts	(10)	32	45	(49)
Net accrued interest income on interest rate contracts	42	44	131	121
Gains (losses) on borrowings	10	(33)	(44)	47
Accrued interest expense on borrowings	68	69	207	194
Fair Value Hedges | Designated as Hedges
Fair Value Hedges
Notional amount of interest rate fair value hedge derivatives	$ 8,694	$ 8,847	$ 8,694	$ 8,847	$ 8,798

DERIVATIVE INSTRUMENTS (Detai69

DERIVATIVE INSTRUMENTS (Details 3) - Not Designated as Hedging Instruments - USD ($) $ in Millions	Jul. 31, 2015	Oct. 31, 2014	Jul. 31, 2014
Interest Rate Contracts
Derivatives Not Designated as Hedging Instruments
Notional amounts	$ 5,912	$ 6,317	$ 6,303
Interest Rate Contracts | Purchased
Derivatives Not Designated as Hedging Instruments
Notional amounts	1,190	1,703	1,858
Interest Rate Contracts | Sold
Derivatives Not Designated as Hedging Instruments
Notional amounts	1,190	1,703	1,858
Foreign Exchange Contracts
Derivatives Not Designated as Hedging Instruments
Notional amounts	3,040	3,524	3,578
Cross-Currency Interest Rate Contracts
Derivatives Not Designated as Hedging Instruments
Notional amounts	$ 80	$ 98	$ 78

DERIVATIVE INSTRUMENTS (Detai70

DERIVATIVE INSTRUMENTS (Details 4) - USD ($) $ in Millions	Jul. 31, 2015	Oct. 31, 2014	Jul. 31, 2014
Fair Value of Derivative Instruments
Total derivative assets	$ 425	$ 353	$ 348
Total derivative liabilities	109	110	134
Other Assets
Fair Value of Derivative Instruments
Total derivative assets	425	353	348
Accounts Payable and Accrued Expenses
Fair Value of Derivative Instruments
Total derivative liabilities	109	110	134
Designated as Hedges | Other Assets
Fair Value of Derivative Instruments
Total derivative assets	298	279	278
Designated as Hedges | Accounts Payable and Accrued Expenses
Fair Value of Derivative Instruments
Total derivative liabilities	20	35	50
Designated as Hedges | Interest Rate Contracts | Other Assets
Fair Value of Derivative Instruments
Total derivative assets	284	266	266
Designated as Hedges | Interest Rate Contracts | Accounts Payable and Accrued Expenses
Fair Value of Derivative Instruments
Total derivative liabilities	20	35	50
Designated as Hedges | Cross-Currency Interest Rate Contracts | Other Assets
Fair Value of Derivative Instruments
Total derivative assets	14	13	12
Not Designated as Hedging Instruments | Other Assets
Fair Value of Derivative Instruments
Total derivative assets	127	74	70
Not Designated as Hedging Instruments | Accounts Payable and Accrued Expenses
Fair Value of Derivative Instruments
Total derivative liabilities	89	75	84
Not Designated as Hedging Instruments | Interest Rate Contracts | Other Assets
Fair Value of Derivative Instruments
Total derivative assets	57	53	55
Not Designated as Hedging Instruments | Interest Rate Contracts | Accounts Payable and Accrued Expenses
Fair Value of Derivative Instruments
Total derivative liabilities	63	46	51
Not Designated as Hedging Instruments | Foreign Exchange Contracts | Other Assets
Fair Value of Derivative Instruments
Total derivative assets	57	18	14
Not Designated as Hedging Instruments | Foreign Exchange Contracts | Accounts Payable and Accrued Expenses
Fair Value of Derivative Instruments
Total derivative liabilities	26	29	32
Not Designated as Hedging Instruments | Cross-Currency Interest Rate Contracts | Other Assets
Fair Value of Derivative Instruments
Total derivative assets	$ 13	$ 3	1
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 (Detai71

DERIVATIVE INSTRUMENTS (Details 5) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Classification and gains (losses) including accrued interest expense related to derivative instruments
Not designated as hedges, gains (losses)	$ 118	$ (69)	$ 332	$ (24)
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)	(1)	(10)	(5)
Interest Rate Contracts | Interest Expense
Classification and gains (losses) including accrued interest expense related to derivative instruments
Fair value hedges, gains (losses)	32	76	176	72
Not designated as hedges, gains (losses)	(6)		(18)	4
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)	(3)	(3)	(9)	(11)
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)	2	(6)
Foreign Exchange Contracts | Cost of Sales
Classification and gains (losses) including accrued interest expense related to derivative instruments
Not designated as hedges, gains (losses)	43	(30)	69
Foreign Exchange Contracts | Other Operating Expense
Classification and gains (losses) including accrued interest expense related to derivative instruments
Not designated as hedges, gains (losses)	81	(39)	281	(28)
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)	$ 3	$ (7)

DERIVATIVE INSTRUMENTS (Detai72

DERIVATIVE INSTRUMENTS (Details 6) - USD ($) $ in Millions	Jul. 31, 2015	Oct. 31, 2014	Jul. 31, 2014
DERIVATIVE INSTRUMENTS
Fair value of derivatives with credit-risk-related contingent features in a liability position	$ 60	$ 57	$ 76
Derivative Assets
Gross amounts recognized	425	353	348
Netting arrangements	(78)	(76)	(85)
Collateral received	(1)	(5)	(5)
Net amount	346	272	258
Derivative Liabilities
Gross amounts recognized	109	110	134
Netting arrangements	(78)	(76)	(85)
Net amount	$ 31	$ 34	$ 49

STOCK OPTION AND RESTRICTED S73

STOCK OPTION AND RESTRICTED STOCK AWARDS (Details) - $ / shares shares in Thousands	1 Months Ended	9 Months Ended
	Dec. 31, 2014	Jul. 31, 2015
Share-based Compensation, Aggregate Disclosures
Number of additional shares authorized for grant related to stock option and restricted stock awards		16,900
Stock Options
Share-based Compensation, Aggregate Disclosures
Options granted (in shares)	3,000
Options granted, weighted-average exercise price (in dollars per share)	$ 88.19
Options granted, weighted-average fair value (in dollars per share)	$ 19.67
Options outstanding (in shares)		14,900
Options outstanding, weighted-average exercise price (in dollars per share)		$ 77.38
Fair value assumptions method used	lattice model
Restricted Stock Units
Share-based Compensation, Aggregate Disclosures
Restricted stock units granted (in shares)		237
Restricted Stock Units Subject to Service-based Conditions
Share-based Compensation, Aggregate Disclosures
Restricted stock units granted (in shares)		111
Restricted stock units granted, fair value (in dollars per unit)		$ 88.69
Restricted Stock Units Subject to Performance/Service-based Conditions
Share-based Compensation, Aggregate Disclosures
Restricted stock units granted (in shares)		63
Restricted stock units granted, fair value (in dollars per unit)		$ 81.78
Restricted Stock Units Subject to Market/Service-based Conditions
Share-based Compensation, Aggregate Disclosures
Fair value assumptions method used		lattice valuation model
Restricted stock units granted (in shares)		63
Restricted stock units granted, fair value (in dollars per unit)		$ 113.97

DISPOSITION - WATER OPERATIONS

DISPOSITION - WATER OPERATIONS (Details) - Water Operations - Disposal Group - USD ($) $ in Millions	1 Months Ended	3 Months Ended
	May. 31, 2014	Apr. 30, 2014
Dispositions
Total assets held for sale		$ 85
Total liabilities held for sale		50
Trade accounts and notes receivable - net		57
Other receivables		10
Inventories		49
Other assets		5
Asset impairment		36
Accounts payable and accrued expenses		47
Retirement benefits and other liabilities		3
Proceeds from sale of Water Operations	$ 35
Loss from sale of Water Operations, pretax	10
Loss from sale of Water Operations, after-tax	$ 10
Non-cash charge in other operating expenses for an impairment to write-down assets held for sale to realizable value, pretax		36
Non-cash charge in other operating expenses for an impairment to write-down assets held for sale to realizable value, after-tax		$ 4

DISPOSITION - CROP INSURANCE 75

DISPOSITION - CROP INSURANCE OPERATIONS (Details) - USD ($) $ in Millions	1 Months Ended
	Mar. 31, 2015	Jul. 31, 2015	Jan. 31, 2015
Major Classes of Assets and Liabilities
Other intangible assets - net		$ 4
Crop Insurance Operations | Disposal Group
Dispositions
Proceeds from sale of Crop Insurance 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
Major Classes of Assets and Liabilities
Cash and cash equivalents			$ 13
Marketable securities			79
Other receivables			265
Other intangible assets - net			4
Other assets			20
Total assets held for sale			381
Account payable and accrued expenses, and Total liabilities held for sale			$ 267

SUPPLEMENTAL CONSOLIDATING DA76

SUPPLEMENTAL CONSOLIDATING DATA (Income Statement) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Net Sales and Revenues
Net sales	$ 6,839.5	$ 8,723	$ 19,843.1	$ 24,917.8
Finance and interest income	596.7	573.5	1,766.7	1,649
Other income	157.5	203.7	537.7	535.3
Total	7,593.7	9,500.2	22,147.5	27,102.1
Costs and Expenses
Cost of sales	5,358	6,611.3	15,472.8	18,678.7
Research and development expenses	346.8	362.1	1,021.1	1,039.9
Selling, administrative and general expenses	755.3	820.7	2,154.2	2,433
Interest expense	171.5	153.9	517.1	491.5
Other operating expenses	223.6	260	659.1	738.1
Total	6,855.2	8,208	19,824.3	23,381.2
Income of Consolidated Group before Income Taxes	738.5	1,292.2	2,323.2	3,720.9
Provision for income taxes	241	450.2	735.6	1,209.6
Income of Consolidated Group	497.5	842	1,587.6	2,511.3
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates
Net Income	511.7	850.9	1,589.4	2,513.5
Less: Net income attributable to noncontrolling interests	0.1	0.2	0.6	1
Net Income Attributable to Deere & Company	511.6	850.7	1,588.8	2,512.5
Equipment Operations
Net Sales and Revenues
Net sales	6,839.5	8,723	19,843.1	24,917.8
Finance and interest income	20.8	14.2	58.8	50
Other income	140.8	147.2	451.2	447.6
Total	7,001.1	8,884.4	20,353.1	25,415.4
Costs and Expenses
Cost of sales	5,358.4	6,611.6	15,474.2	18,679.5
Research and development expenses	346.8	362.1	1,021.1	1,039.9
Selling, administrative and general expenses	633.5	684.5	1,794.1	2,046.9
Interest expense	69.6	61.1	208	216.5
Interest compensation to Financial Services	56.7	60.4	156	157.4
Other operating expenses	36.3	60.9	112.6	212.8
Total	6,501.3	7,840.6	18,766	22,353
Income of Consolidated Group before Income Taxes	499.8	1,043.8	1,587.1	3,062.4
Provision for income taxes	155.5	363.8	478.5	1,001.7
Income of Consolidated Group	344.3	680	1,108.6	2,060.7
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates	167.4	170.9	480.8	452.8
Net Income	511.7	850.9	1,589.4	2,513.5
Less: Net income attributable to noncontrolling interests	0.1	0.2	0.6	1
Net Income Attributable to Deere & Company	511.6	850.7	1,588.8	2,512.5
Equipment Operations | Financial Services
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates	153.4	162.3	480	452.2
Equipment Operations | Other
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates	14	8.6	0.8	0.6
Financial Services
Net Sales and Revenues
Finance and interest income	644.3	634.2	1,900.9	1,795.2
Other income	51.2	85.6	201.4	188.6
Total	695.5	719.8	2,102.3	1,983.8
Costs and Expenses
Selling, administrative and general expenses	123.9	138.8	366.9	394.2
Interest expense	113.6	107.3	346	313
Other operating expenses	219.3	225.3	653.3	618
Total	456.8	471.4	1,366.2	1,325.2
Income of Consolidated Group before Income Taxes	238.7	248.4	736.1	658.6
Provision for income taxes	85.5	86.4	257.1	208
Income of Consolidated Group	153.2	162	479	450.6
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates	0.2	0.3	1	1.6
Net Income	153.4	162.3	480	452.2
Net Income Attributable to Deere & Company	153.4	162.3	480	452.2
Financial Services | Financial Services
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates
Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates	$ 0.2	$ 0.3	$ 1	$ 1.6

SUPPLEMENTAL CONSOLIDATING DA77

SUPPLEMENTAL CONSOLIDATING DATA (Balance Sheet) (Details 2) - USD ($) $ / shares in Units, $ in Millions	Jul. 31, 2015	Oct. 31, 2014	Jul. 31, 2014	Oct. 31, 2013
Assets
Cash and cash equivalents	$ 4,130.8	$ 3,787	$ 3,034.7	$ 3,504
Marketable securities	421.1	1,215.1	1,489.4
Receivables from unconsolidated subsidiaries and affiliates	43.2	30.2	33.3
Trade accounts and notes receivable - net	4,220.4	3,277.6	4,551.8
Financing receivables - net	24,973.4	27,422.2	27,079.9
Financing receivables securitized - net	4,737.8	4,602.3	4,264.2
Other receivables	823.1	1,500.3	1,193.1
Equipment on operating leases - net	4,426	4,015.5	3,580
Inventories	4,319	4,209.7	5,439
Property and equipment - net	5,126.4	5,577.8	5,385.5
Investments in unconsolidated subsidiaries and affiliates	310.6	303.2	310.2
Goodwill	715.9	791.2	829.8	845
Other intangible assets - net	57.8	68.8	69.4
Retirement benefits	335	262	611.7
Deferred income taxes	2,705	2,776.6	2,564
Other assets	1,586.7	1,496.9	1,312.5
Total Assets	58,932.2	61,336.4	61,748.5
Liabilities and Stockholders' Equity
Short-term borrowings	9,347.9	8,019.2	8,580.8
Short-term securitization borrowings	4,595.4	4,558.5	4,142.8
Payables to unconsolidated subsidiaries and affiliates	73.7	101	90.4
Accounts payable and accrued expenses	7,235.8	8,554.1	8,432.9
Deferred income taxes	150.9	160.9	160.1
Long-term borrowings	23,200.9	24,380.7	24,035.5
Retirement benefits and other liabilities	6,602.6	6,496.5	5,473.5
Total liabilities	$ 51,207.2	$ 52,270.9	$ 50,916
Commitments and contingencies (Note 14)
Common stock, $1 par value (issued shares at July 31, 2015 - 536,431,204)	$ 3,806.5	$ 3,675.4	$ 3,652.8
Common stock, par value (in dollars per share)	$ 1
Common stock, issued shares	536,431,204
Common stock in treasury	$ (14,562.5)	(12,834.2)	(11,742.7)
Retained earnings	22,986.5	22,004.4	21,564.6
Accumulated other comprehensive income (loss)	(4,507.4)	(3,783)	(2,644.7)
Total Deere & Company stockholders' equity	7,723.1	9,062.6	10,830
Noncontrolling interests	1.9	2.9	2.5
Total stockholders' equity	7,725	9,065.5	10,832.5	10,267.7
Total Liabilities and Stockholders' Equity	58,932.2	61,336.4	61,748.5
Equipment Operations
Assets
Cash and cash equivalents	2,907.1	2,569.2	1,855	3,023.3
Marketable securities	47.4	700.4	1,002.5
Receivables from unconsolidated subsidiaries and affiliates	2,941.5	3,663.9	4,865.7
Trade accounts and notes receivable - net	581.2	706	819.1
Financing receivables - net	4.7	18.5	7.1
Other receivables	779.2	848	802.6
Inventories	4,319	4,209.7	5,439
Property and equipment - net	5,072.4	5,522.5	5,330.3
Investments in unconsolidated subsidiaries and affiliates	4,923.8	5,106.5	5,005.9
Goodwill	715.9	791.2	829.8
Other intangible assets - net	57.8	64.8	65.4
Retirement benefits	335.5	263.5	579.3
Deferred income taxes	3,028.6	2,981.9	2,778.3
Other assets	859.4	850.6	680.5
Total Assets	26,573.5	28,296.7	30,060.5
Liabilities and Stockholders' Equity
Short-term borrowings	650.8	434.1	1,042.6
Payables to unconsolidated subsidiaries and affiliates	73.7	101	90.9
Accounts payable and accrued expenses	7,025.1	7,518.4	7,938.3
Deferred income taxes	79.9	87.1	84.4
Long-term borrowings	4,475.4	4,642.5	4,678.7
Retirement benefits and other liabilities	6,543.6	6,448.1	5,393.1
Total liabilities	$ 18,848.5	$ 19,231.2	$ 19,228
Commitments and contingencies (Note 14)
Common stock, $1 par value (issued shares at July 31, 2015 - 536,431,204)	$ 3,806.5	$ 3,675.4	$ 3,652.8
Common stock, par value (in dollars per share)	$ 1	$ 1	$ 1
Common stock, issued shares	536,431,204
Common stock in treasury	$ (14,562.5)	$ (12,834.2)	$ (11,742.7)
Retained earnings	22,986.5	22,004.4	21,564.6
Accumulated other comprehensive income (loss)	(4,507.4)	(3,783)	(2,644.7)
Total Deere & Company stockholders' equity	7,723.1	9,062.6	10,830
Noncontrolling interests	1.9	2.9	2.5
Total stockholders' equity	7,725	9,065.5	10,832.5
Total Liabilities and Stockholders' Equity	26,573.5	28,296.7	30,060.5
Financial Services
Assets
Cash and cash equivalents	1,223.7	1,217.8	1,179.8	$ 480.8
Marketable securities	373.7	514.7	486.9
Trade accounts and notes receivable - net	4,780.9	3,554.4	4,923
Financing receivables - net	24,968.7	27,403.7	27,072.8
Financing receivables securitized - net	4,737.8	4,602.3	4,264.2
Other receivables	76.2	659	421.1
Equipment on operating leases - net	4,426	4,015.5	3,580
Property and equipment - net	54	55.3	55.1
Investments in unconsolidated subsidiaries and affiliates	10.2	10.9	11.3
Other intangible assets - net		4	4
Retirement benefits	27.1	32.9	34.3
Deferred income taxes	61.6	64.9	70.8
Other assets	730	648.2	633.3
Total Assets	41,469.9	42,783.6	42,736.6
Liabilities and Stockholders' Equity
Short-term borrowings	8,697.1	7,585.1	7,538.2
Short-term securitization borrowings	4,595.4	4,558.5	4,142.8
Payables to unconsolidated subsidiaries and affiliates	2,898.3	3,633.7	4,831.9
Accounts payable and accrued expenses	1,387.3	2,027	1,716.9
Deferred income taxes	456.2	344.1	360.8
Long-term borrowings	18,725.5	19,738.2	19,356.7
Retirement benefits and other liabilities	86.7	82.8	82.3
Total liabilities	$ 36,846.5	$ 37,969.4	$ 38,029.6
Commitments and contingencies (Note 14)
Common stock, $1 par value (issued shares at July 31, 2015 - 536,431,204)	$ 2,051.3	$ 2,023.1	$ 2,010.5
Common stock, par value (in dollars per share)	$ 1	$ 1	$ 1
Common stock, issued shares	536,431,204
Retained earnings	$ 2,812.2	$ 2,811.8	$ 2,639.6
Accumulated other comprehensive income (loss)	(240.1)	(20.7)	56.9
Total Deere & Company stockholders' equity	4,623.4	4,814.2	4,707
Total stockholders' equity	4,623.4	4,814.2	4,707
Total Liabilities and Stockholders' Equity	$ 41,469.9	$ 42,783.6	$ 42,736.6

SUPPLEMENTAL CONSOLIDATING DA78

SUPPLEMENTAL CONSOLIDATING DATA (Statement of Cash Flows) (Details 3) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Cash Flows from Operating Activities
Net income	$ 511.7	$ 850.9	$ 1,589.4	$ 2,513.5
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Provision for credit losses			35.4	29.6
Provision for depreciation and amortization			1,029.2	957.4
Impairment charges				62.3
Undistributed earnings of unconsolidated subsidiaries and affiliates			(5.2)	(2.3)
Provision (credit) for deferred income taxes			73	(249.1)
Changes in assets and liabilities:
Trade receivables			(598)	(1,679.3)
Insurance receivables			333.4	35.5
Inventories			(941.5)	(1,102.9)
Accounts payable and accrued expenses			(594.6)	(313.6)
Accrued income taxes payable/receivable			(58.1)	207.3
Retirement benefits			293.4	215
Other			(12.3)	(51.9)
Net cash provided by operating activities			1,191.8	682.1
Cash Flows from Investing Activities
Proceeds from maturities and sales of marketable securities			833	718.7
Proceeds from sales of equipment on operating leases			773.7	803.3
Proceeds from sales of businesses, net of cash sold			149.2	339.8
Purchases of marketable securities			(100.8)	(585.5)
Purchases of property and equipment			(461.4)	(640.9)
Cost of equipment on operating leases acquired			(1,355.7)	(1,049.5)
Other			(23.4)	(75.6)
Net cash provided by (used for) investing activities			169.6	(1,567.3)
Cash Flows from Financing Activities
Increase (decrease) in total short-term borrowings			1,805.2	(76.7)
Proceeds from long-term borrowings			3,639.8	6,672.2
Payments of long-term borrowings			(3,980.1)	(4,079.8)
Proceeds from issuance of common stock			170.4	138.8
Repurchases of common stock			(1,833.9)	(1,631.1)
Dividends paid			(617.9)	(568.6)
Excess tax benefits from share-based compensation			18.5	28.5
Other			(56.9)	(50.4)
Net cash provided by (used for) financing activities			(854.9)	432.9
Effect of Exchange Rate Changes on Cash and Cash Equivalents			(162.7)	(17)
Net Increase (Decrease) in Cash and Cash Equivalents			343.8	(469.3)
Cash and Cash Equivalents at Beginning of Period			3,787	3,504
Cash and Cash Equivalents at End of Period	4,130.8	3,034.7	4,130.8	3,034.7
Equipment Operations
Cash Flows from Operating Activities
Net income	511.7	850.9	1,589.4	2,513.5
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Provision for credit losses			2.1	3.2
Provision for depreciation and amortization			605.6	592.2
Impairment charges				62.3
Undistributed earnings of unconsolidated subsidiaries and affiliates			(4.9)	(303.2)
Provision (credit) for deferred income taxes			(39.6)	(216.6)
Changes in assets and liabilities:
Trade receivables			37.2	151.8
Inventories			(473.2)	(604.4)
Accounts payable and accrued expenses			(113.4)	13.3
Accrued income taxes payable/receivable			(82.9)	181.5
Retirement benefits			282.1	203.2
Other			145.8	168.4
Net cash provided by operating activities			1,948.2	2,765.2
Cash Flows from Investing Activities
Proceeds from maturities and sales of marketable securities			700.1	700.1
Proceeds from sales of businesses, net of cash sold				339.8
Purchases of marketable securities			(49.1)	(504.1)
Purchases of property and equipment			(458.1)	(639.5)
Other			2.2	(103)
Net cash provided by (used for) investing activities			195.1	(206.7)
Cash Flows from Financing Activities
Increase (decrease) in total short-term borrowings			318.5	537.2
Change in intercompany receivables/payables			447.2	(1,442.7)
Proceeds from long-term borrowings			6.7	7
Payments of long-term borrowings			(147.1)	(757.2)
Proceeds from issuance of common stock			170.4	138.8
Repurchases of common stock			(1,833.9)	(1,631.1)
Dividends paid			(617.9)	(568.6)
Excess tax benefits from share-based compensation			18.5	28.5
Other			(38.1)	(21.4)
Net cash provided by (used for) financing activities			(1,675.7)	(3,709.5)
Effect of Exchange Rate Changes on Cash and Cash Equivalents			(129.7)	(17.3)
Net Increase (Decrease) in Cash and Cash Equivalents			337.9	(1,168.3)
Cash and Cash Equivalents at Beginning of Period			2,569.2	3,023.3
Cash and Cash Equivalents at End of Period	2,907.1	1,855	2,907.1	1,855
Financial Services
Cash Flows from Operating Activities
Net income	153.4	162.3	480	452.2
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Provision for credit losses			33.3	26.4
Provision for depreciation and amortization			503.2	417.8
Undistributed earnings of unconsolidated subsidiaries and affiliates			(0.8)	(1.4)
Provision (credit) for deferred income taxes			112.6	(32.5)
Changes in assets and liabilities:
Insurance receivables			333.4	35.5
Accounts payable and accrued expenses			(322.3)	4.1
Accrued income taxes payable/receivable			24.8	25.8
Retirement benefits			11.3	11.8
Other			(25.5)	(37)
Net cash provided by operating activities			1,150	902.7
Cash Flows from Investing Activities
Collections of receivables (excluding trade and wholesale)			12,516.5	12,618.3
Proceeds from maturities and sales of marketable securities			132.9	18.6
Proceeds from sales of equipment on operating leases			773.7	803.3
Proceeds from sales of businesses, net of cash sold			149.2
Cost of receivables acquired (excluding trade and wholesale)			(12,063.2)	(13,802.5)
Purchases of marketable securities			(51.7)	(81.4)
Purchases of property and equipment			(3.3)	(1.4)
Cost of equipment on operating leases acquired			(1,988.6)	(1,723.2)
Increase in trade and wholesale receivables			(924)	(2,055.6)
Other			(22.1)	(26.7)
Net cash provided by (used for) investing activities			(1,480.6)	(4,250.6)
Cash Flows from Financing Activities
Increase (decrease) in total short-term borrowings			1,486.7	(613.9)
Change in intercompany receivables/payables			(447.2)	1,442.7
Proceeds from long-term borrowings			3,633.1	6,665.2
Payments of long-term borrowings			(3,833)	(3,322.6)
Dividends paid			(479.6)	(150)
Other			9.5	25.2
Net cash provided by (used for) financing activities			369.5	4,046.6
Effect of Exchange Rate Changes on Cash and Cash Equivalents			(33)	0.3
Net Increase (Decrease) in Cash and Cash Equivalents			5.9	699
Cash and Cash Equivalents at Beginning of Period			1,217.8	480.8
Cash and Cash Equivalents at End of Period	$ 1,223.7	$ 1,179.8	$ 1,223.7	$ 1,179.8