EARNINGS PER SHARE

6 Months Ended

Apr. 30, 2023

EARNINGS PER SHARE

EARNINGS PER SHARE

(5)  Earnings 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				Six Months Ended
	April 30		May 1		April 30		May 1
	2023		2022		2023		2022
Net income attributable to Deere & Company	$	2,860	$	2,098	$	4,819	$	3,001
Average shares outstanding		295.1		306.2		296.3		306.8
Basic per share	$	9.69	$	6.85	$	16.26	$	9.78
Average shares outstanding		295.1		306.2		296.3		306.8
Effect of dilutive share-based compensation		1.4		1.9		1.5		2.0
Total potential shares outstanding		296.5		308.1		297.8		308.8
Diluted per share	$	9.65	$	6.81	$	16.18	$	9.72
Shares excluded from EPS calculation, as antidilutive		.2		.2		.1		.1