v3.19.3.a.u2
UNCONSOLIDATED AFFILIATED COMPANIES (Tables)
12 Months Ended
Nov. 03, 2019
UNCONSOLIDATED AFFILIATED COMPANIES  
Unconsolidated Affiliated Companies

Combined financial information of the unconsolidated affiliated companies in millions of dollars follows:

Operations

  

    2019    

  

    2018    

  

    2017    

 

Sales

$

2,483

$

2,313

$

2,638

Net income

 

50

 

91

 

7

Deere & Company’s equity in net income (loss)

 

21

27

 

(24)

Financial Position

  

    2019    

  

    2018    

 

Total assets

$

1,694

$

1,648

Total external borrowings

 

488

 

453

Total net assets

 

563

 

620

Deere & Company’s share of the net assets

 

215

 

207

Transactions with Unconsolidated Affiliated Companies Transactions with unconsolidated affiliated companies reported in the statement of consolidated income in millions of dollars follow:

    2019    

  

    2018    

  

    2017    

Net sales

$

143

$

161

$

84

Purchases

1,937

1,682

1,331