| Quarterly Financial Information |
The interim periods (quarters) end in January, April, and July. Such information is shown in millions of dollars except for per share amounts. | | | | | | | | | | | | | | | | First | | Second | | Third | | Fourth | | | | Quarter | | Quarter | | Quarter | | Quarter | | 2020* | | | | | | | | | | | | | | Net sales and revenues | | $ | 7,631 | | $ | 9,253 | | $ | 8,925 | | $ | 9,731 | | Net sales | | | 6,530 | | | 8,224 | | | 7,859 | | | 8,659 | | Gross profit | | | 1,452 | | | 1,930 | | | 2,024 | | | 2,189 | | Income before income taxes | | | 569 | | | 929 | | | 1,270 | | | 1,115 | | Net income attributable to Deere & Company | | | 517 | | | 666 | | | 811 | | | 757 | | Per share data: | | | | | | | | | | | | | | Basic | | | 1.65 | | | 2.13 | | | 2.59 | | | 2.41 | | Diluted | | | 1.63 | | | 2.11 | | | 2.57 | | | 2.39 | | Dividends declared | | | .76 | | | .76 | | | .76 | | | .76 | | Dividends paid | | | .76 | | | .76 | | | .76 | | | .76 | | 2019* | | | | | | | | | | | | | | Net sales and revenues | | $ | 7,984 | | $ | 11,342 | | $ | 10,036 | | $ | 9,896 | | Net sales | | | 6,941 | | | 10,273 | | | 8,969 | | | 8,703 | | Gross profit | | | 1,509 | | | 2,518 | | | 2,099 | | | 1,968 | | Income before income taxes | | | 677 | | | 1,473 | | | 1,113 | | | 825 | | Net income attributable to Deere & Company | | | 498 | | | 1,135 | | | 899 | | | 721 | | Per share data: | | | | | | | | | | | | | | Basic | | | 1.56 | | | 3.57 | | | 2.84 | | | 2.30 | | Diluted | | | 1.54 | | | 3.52 | | | 2.81 | | | 2.27 | | Dividends declared | | | .76 | | | .76 | | | .76 | | | .76 | | Dividends paid | | | .69 | | | .76 | | | .76 | | | .76 | |
Net income per share for each quarter must be computed independently. As a result, their sum may not equal the total net income per share for the year. * See Note 5 for “Special Items.”
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