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