Item 7.

Financial Statements, Pro Forma Financial Information and Exhibits.

(c)

Exhibits

(99)

Press release and additional information

Signature

          Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereto duly authorized.

DEERE & COMPANY

By:

/s/ MICHAEL A. HARRING    
Michael A. Harring
Secretary

Dated: August 14, 2001

Exhibit Index

Number and Description of Exhibit

Sequential
Page Number

(99)

Press release and additional information

Pg. 5

EXHIBIT 99

Deere & Company
One John Deere Place
Moline, IL 61265 USA
Phone: 309-765-8000
www.JohnDeere.com

NEWS RELEASE

For Immediate Release - August 14, 2001

Contact:
Greg Derrick, Deere & Company
309-765-5290 / derrickgregoryt@johndeere.com

Deere Reports Profitable Third Quarter Despite Weak Economic Conditions

-      Third-quarter net income $72 million vs. $172 million last year
-      Rigorous asset management and expense reduction remain top priorities
-      Fourth-quarter margins expected to be under significant pressure due to
       production cutbacks

          MOLINE, Illinois -- Deere & Company today reported worldwide net income of $71.8 million, or $0.30 per share, for the third quarter ended July 31, and $256.1 million, or $1.08 per share, for the first nine months of 2001. This compares with net income of $172.4 million, or $0.72 per share, and $414.4 million, or $1.75 per share, for the comparable periods last year.

          "Deere's third-quarter results continued to reflect the general economic slowdown and low farm commodity prices," said Robert W. Lane, chairman and chief executive officer. "Although we are pleased to have remained profitable in the face of such difficult conditions, we are continuing to take aggressive actions to further strengthen our competitiveness and drive more efficient asset levels." These steps - which include additional production cutbacks and an early-retirement program previously announced -- are expected to have an adverse impact on fourth-quarter financial results, he noted.

          Worldwide net sales and revenues were $3.584 billion for the third quarter and $10.041 billion for the first nine months of 2001, compared with $3.632 billion and $9.761 billion, respectively, last year. Net sales were $3.037 billion for the third quarter and $8.384 billion for nine months compared with $3.122 billion and $8.326 billion a year ago. Excluding acquisitions, both the quarter and year-to-date periods were negatively affected by lower sales of commercial and consumer equipment and of construction and forestry equipment. Sales for both periods were also hurt by the stronger U.S. dollar. Partially offsetting these factors was the impact of acquisitions and higher agricultural-equipment sales for the nine-month period. Excluding acquisitions, net sales decreased 6 percent for the quarter and 3 percent year to date compared with last year. Overseas sales were 6 percent lower for the quarter and 1 percent higher for the nine months. Excluding the impact of the stronger U.S. dollar, overseas sales were flat for the quarter and up 8 percent year to date. Overall, the company's physical volume of sales decreased 3 percent for the quarter but was 2 percent higher for the first nine months.

Page 5

          Worldwide equipment operations had net income of $30.6 million for the quarter and $123.7 million for the first nine months of 2001, compared with $117.5 million and $277.8 million, respectively, last year. The decreases were primarily due to lower sales and production volumes of both the commercial and consumer equipment and the construction and forestry equipment divisions, excluding acquisitions, as well as lower production and sales of large agricultural tractors during the third quarter. In addition, a planned increase in research and development expense as well as start-up costs for the introduction of new products, and higher interest expense, had a negative effect on the year's results. A slightly higher annual effective tax rate also had an adverse impact on the quarter. Partially offsetting these factors were lower pension and post-retirement benefit costs and lower selling and administrative expenses net of acquisitions. Worldwide equipment operating profit, which excludes interest expense, taxes and certain other corporate expenses, was $128 million for the quarter and $413 million for nine months, versus respective year-ago totals of $249 million and $610 million. The decreases were primarily due to the operating factors mentioned above in addition to lower results from unconsolidated subsidiaries.

-         Deere's worldwide agricultural equipment division reported operating profit of $115 million for the quarter and $335 million for the year to date, compared with $158 million and $332 million last year. The quarter's decrease was primarily due to the lower production and sales of large tractors as well as a planned increase in research and development expense in addition to start-up and other costs associated with a record number of new products. Also having a negative effect for the quarter was the impact of a stronger U.S. dollar. Partially offsetting these factors were lower selling and administrative expenses and lower pension and post-retirement benefit costs. Year-to-date results benefited from higher sales and production volumes and related manufacturing efficiencies.

-         Operating profit of the worldwide commercial and consumer equipment division was $12 million for the quarter and $76 million for the first nine months, compared with $46 million and $170 million in the same 2000 periods. Compared with last year, net sales were 2 percent higher for the quarter and 7 percent lower year to date. Excluding acquisitions, net sales decreased 7 percent for the quarter and 12 percent for nine months, primarily reflecting the impact of weaker economic conditions and unfavorable weather during the important spring selling season. In addition, a new process aimed at faster order fulfillment, which allows dealers to operate with lower inventories, had an adverse impact on year-to-date shipments. Operating profit decreased for both periods primarily due to the lower sales and production volumes and related manufacturing inefficiencies, and to start-up costs associated with new products and new facilities.

-         Operating profit of the worldwide construction and forestry division was $15 million for the quarter and $46 million for the first nine months of 2001, compared with $60 million and $151 million last year. Sales declined 16 percent for the quarter and 4 percent for the first nine months. Excluding the impact of Timberjack, acquired at the end of the second quarter last year, sales were off 21 percent and 19 percent over the comparable periods. The decreases were primarily due to a weak economy and very competitive market conditions. In particular, sales to independent rental companies declined significantly from last year. Decreases in operating profit were primarily due to the lower sales and production volumes excluding Timberjack, higher sales-incentive costs and higher losses from unconsolidated subsidiaries.

-         Net income of the credit operations was $41 million for the quarter and $133 million for the first nine months, compared with $47 million and $124 million, respectively, last year. The decrease for the quarter was primarily due to lower gains from sales of retail notes and higher receivable write-offs. The year-to-date increase was primarily due to higher income from a larger portfolio.

Page 6

-         The company's other businesses had operating losses of $7 million for the quarter and $28 million for the first nine months, compared with operating losses of $10 million and $29 million for last year's comparable periods. Results for both years were adversely affected by costs related to the development of new products and by goodwill amortization of the special technologies group. Partially offsetting these factors were improved results of the health-care operations.

          Based on the market conditions outlined below, as well as management's year-end asset targets, the company's physical volume of sales is currently forecast to be down 14 percent for fourth quarter and 2 percent for the full year. Without the effect of acquisitions in either year, physical volume is projected to decline by 16 percent in the fourth quarter and 5 percent for the full year. Company profit margins will be under significant pressure due in part to these reduced production levels. As a result of these factors, Deere currently projects breakeven performance for the full year, including the estimated $140 million after-tax cost of the early-retirement program.

          Agricultural Equipment: Focusing on Year-End Asset Targets. Weak grain-market fundamentals are keeping farm-machinery demand at a relatively low level this year, although sales of many types of smaller equipment have been strong. As a result, the company continues to expect overall industry retail sales of farm equipment in North America to be flat to up slightly compared with last year's modest levels.

          In Europe, the outlook has improved slightly due to an easing of concerns over the foot and mouth disease situation. Industry retail sales there are now expected to decline by 10 percent from last year. The overall outlook for markets in Latin America, Australia and Asia has deteriorated slightly and is now projected to be down by 5 percent in 2001. Drought conditions in Australia are largely responsible for the change in outlook for this region.

          In the interest of reaching year-end asset goals, Deere is undertaking additional farm-machinery production cutbacks in the fiscal fourth quarter. Production of large tractors at the Waterloo manufacturing complex will be shut down for as long as six weeks in the period, while the output of combines, cotton-pickers and other products is being reduced as well. In all, company agricultural-equipment factories in North America are projected to be idled for almost one-fourth of the available days in the fourth quarter.

          Commercial & Consumer Equipment: Making Further Production Cuts. Deere year-to-date sales have been negatively affected by the slow economy and by adverse weather in the spring. This year's weak markets, as well as adoption of the less asset-intensive order-fulfillment process, are leading to further production cutbacks in the fourth quarter. In this regard, the Horicon, Wisconsin, factory for premium lawn equipment will be shut down for about one month and overall division production for the quarter is expected to be about 40 percent below last year's levels. As a result, shipments of Deere's commercial and consumer equipment for 2001 are expected to remain well below prior-year levels.

Page 7

          Construction & Forestry: Producing in Line With Retail Demand. In an environment in which the North American economy is experiencing very little growth, residential and non-residential construction is expected to be weaker in the remainder of the fiscal year. In addition, purchases by independent rental companies - an important customer of John Deere construction equipment -- are sharply below last year's levels and expected to remain weak. At the same time, global sales of forestry products are forecast to continue running well below year-earlier levels in response to soft economic conditions. In light of these circumstances, the company continues to believe that industry retail sales of forestry and construction equipment for 2001 will be 20 to 25 percent lower than last year and that pricing will remain under pressure. Deere's construction-equipment factories, which use the estimate-to-cash order fulfillment process and produce in line with retail demand, are expected to be down about one-third of equivalent production days in the final quarter of the year.

          Credit: Achieving Continued Growth. The company's credit operations are expected to continue benefiting from growth in the receivable portfolio, but at a slower rate than earlier in the year.

          "We are determined to achieve better alignment between levels of equipment production and retail sales and are taking further actions to curtail production in light of today's continued depressed market conditions," Lane commented. "While working in support of improved performance in the future, these steps will sharply reduce profit in the upcoming quarter."

          At the same time, Deere is aggressively moving ahead with the development of new products aimed at enhancing customer productivity and satisfaction while extending the company's market leadership on a global basis. "We're well into the process of introducing a record number of new products this year, and have just concluded our largest-ever new-product show for North and South American agricultural-equipment dealers," Lane said. "In a few weeks, we'll be unveiling more than 60 new products to our dealers in Europe as part of our drive for a stronger competitive position and improved business results in that very important region. We're confident that customer response to these advanced new products, together with our aggressive actions to achieve structural improvements in efficiency, will help lead to better performance in all phases of the business cycle and produce higher returns for Deere investors."

          The following is disclosed on behalf of the company's credit subsidiary, John Deere Capital Corporation (JDCC), in connection with the disclosure requirements applicable to its periodic issuance of debt securities in the public market. JDCC's net income was $36.0 million for the third quarter and $115.9 million for the first nine months of 2001, compared with $40.5 million and $109.1 million, respectively, last year. The decrease for the third quarter is primarily due to lower gains from sales of retail notes and higher receivable write-offs. The year-to-date increase is primarily due to higher income from a larger portfolio.

          Net receivables and leases financed by JDCC were $8.953 billion at July 31, 2001, compared with $7.783 billion one year ago. The increase resulted from acquisitions exceeding collections during the last twelve months. This was partially offset by sales of retail notes during the same period. Net receivables and leases administered, which include receivables previously sold, totaled $10.659 billion at July 31, 2001, compared with $9.981 billion at July 31, 2000.

Page 8

          Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Statements herein that relate to future operating periods are subject to important risks and uncertainties that could cause actual results to differ materially. Some of these risks and uncertainties could affect particular lines of business, while others could affect all of the company's businesses. Forward-looking statements involve certain factors that are subject to change, including for the agricultural equipment segment the many interrelated factors that affect farmers' confidence, including worldwide demand for agricultural products, world grain stocks, prices realized for commodities and livestock, weather and soil conditions, real estate values, animal diseases (including the spread of "mad cow" and "foot-and-mouth" diseases), crop pests, harvest yields, the level of farm product exports (including concerns about genetically modified organisms) and the level of government farm programs. The outlook for harvest prices especially affects retail sales of agricultural equipment in the fall. Factors affecting the company's commercial and consumer equipment business include general economic conditions in the United States, consumer and commercial confidence, consumer acceptance of the company's new products and consumer borrowing patterns. The number of housing starts as well as levels of public and non-residential construction are especially important to sales of the company's construction equipment, while prices for pulp, lumber and structural panels are important to sales of forestry equipment. All of the company's businesses are affected by general economic conditions in the global markets in which the company operates, interest and currency exchange rates, as well as monetary and fiscal policies (including actions by the Federal Reserve Board); actions of competitors in the various industries in which the company competes, particularly price cutting; dealer practices, especially as to levels of new and used field inventories; production and technological difficulties including capacity and supply constraints; energy prices and supplies; labor relations; accounting standards; and legislation affecting the sectors in which the company operates. The company's outlook is based upon assumptions relating to the factors described above, which are sometimes based upon estimates and data prepared by government agencies. Such estimates and data are often revised. Further information concerning the company and its businesses, including factors that potentially could materially affect the company's financial results, is included in the company's most recent quarterly report on Form 10-Q and other filings with the Securities and Exchange Commission.

Page 9

Third Quarter 2001 Press Release

(millions of dollars and shares except per share amounts)

Three Months Ended

Nine Months Ended

               July 31                  

                   July 31                        

%

%

2001

2000

Chnge

2001

2000

Chnge

Net sales and revenues:

    Agricultural equipment net sales

 $  1,624 

 $  1,619 

 $    4,631 

 $    4,329 

+7

    Commercial and consumer

        equipment net sales

853 

839 

+2

2,156 

2,330 

-7

    Construction and forestry net sales

546 

649 

-16

1,554 

1,622 

-4

    Other net sales

14 

15 

-7

43 

45 

-4

            Total net sales

3,037 

3,122 

-3

8,384 

8,326 

+1

    Credit revenues

361 

351 

+3

1,088 

963 

+13

    Other revenues

186 

159 

+17

569 

472 

+21

        Total net sales and revenues*

 $  3,584 

 $  3,632 

-1

 $ 10,041 

 $    9,761 

+3

Operating profit (loss):

    Agricultural equipment

$    115 

$    158 

-27

$     335 

$     332 

+1

    Commercial and consumer

        equipment

12 

46 

-74

76 

170 

-55

    Construction and forestry

15 

60 

-75

46 

151 

-70

    Credit

64 

74 

-14

209 

194 

+8

    Other

(7)

(10)

-30

(28)

(29)

-3

        Total operating profit *

199 

328 

-39

638 

818 

-22

Interest, corporate expenses

    and income taxes

(127)

(156)

-19

(382)

(404)

-5

        Net income

$     72 

$    172 

-58

$     256 

$     414 

-38

Per Share:

    Net income - basic

$    .30 

$    .74 

-59

$     1.09 

$    1.77 

-38

    Net income - diluted

$    .30 

$    .72 

-58

$     1.08 

$    1.75 

-38

*  Includes overseas equipment operations:

    Net sales

$     725 

$     772 

-6

$    2,159 

$    2,138 

+1

    Operating profit

$      22 

$      47 

-53

$     147 

$      154 

-5

July 31  

Oct 31  

July 31  

  2001  

  2000  

  2000  

Equipment Operations:

    Trade accounts and notes

        receivable - net

$   3,535 

$   3,169 

$   3,627 

    Inventories

$   1,925 

$   1,553 

$   1,725 

Financial Services:

    Financing receivables and leases

        financed - net

$  10,427 

$  10,099 

$   9,260 

    Financing receivables and leases

        administered - net

$  12,366 

$  12,223 

$  11,650 

Average shares outstanding

234.7 

234.3 

234.2 

DEERE & COMPANY
STATEMENT OF CONSOLIDATED INCOME
Three Months Ended July 31

CONSOLIDATED
(Deere & Company and
Consolidated Subsidiaries)

EQUIPMENT OPERATIONS
(Deere & Company with Financial
Services on the Equity Basis)

FINANCIAL SERVICES

Millions of dollars except per share amounts
(Unaudited)

Three Months Ended July 31
2001                  2000

Three Months Ended July 31
2001                 2000

Three Months Ended July 31
2001               2000

Net Sales and Revenues
Net sales
Finance and interest income
Health care premiums and fees
Investment income
Other income
    Total

$   3,036.8 
361.7 
148.1 
2.9 
34.8 
3,584.3

 $ 3,122.2 
341.7 
117.7 
2.8 
     47.7 
 3,632.1

 
 $  3,036.8 
25.7 
  
  
      26.8 
  3,089.3 

 
 $  3,122.2 
22.6 
 
 
      27.3 
  3,172.1 

 
 
 $   346.3 
152.7 
2.9 
     16.9 
   518.8 

 
 
 $   324.6 
122.6 
2.8 
     27.3 
   477.3 

Costs and Expenses
Cost of sales
Research and development expenses
Selling, administrative and general expenses
Interest expense
Health care claims and costs
Other operating expenses
    Total

 
2,507.4 
141.8 
398.5 
187.5 
120.0 
       92.4 
   3,447.6 

 
2,487.7 
131.0 
384.5 
182.0 
94.7 
     82.8 
 3,362.7 

 
2,511.3 
141.8 
292.2 
65.2 
 
      13.3 
  3,023.8 

 
2,491.8 
131.0 
296.7 
51.2 
 
      11.2 
  2,981.9 

 
 
 
107.0 
132.5 
120.0 
     88.1 
   447.6 

 
 
 
88.0 
136.2 
94.7 
     79.3 
   398.2 

Income of Consolidated Group Before Income Taxes
Provision for income taxes
Income of Consolidated Group

136.7 
       60.4 
       76.3 

269.4 
   101.5 
   167.9 

65.5 
      34.9 
      30.6 

190.2 
      72.7 
    117.5 

71.2 
     25.5 
     45.7 

79.1 
     28.8 
     50.3 

Equity in Income (Loss) of Unconsolidated
    Subsidiaries and Affiliates
    Credit
    Other
        Total

 
 
(1.0)
        (3.5)
        (4.5)

 
 
.2 
      4.3 
      4.5 

 
 
40.8 
         .4 
      41.2 

 
 
47.0 
       7.9 
      54.9 

 
 
(1.0)
           
      (1.0)

 
 
.2 
       (.1)
       .1 

Net Income

$      71.8 

$  172.4 

$     71.8 

$   172.4 

$    44.7 

$   50.4 

Per Share:
    Net income - basic
    Net income - diluted

 $        .30 
 $        .30 

 $      .74 
 $      .72 

See Notes to Interim Financial Statements. Supplemental consolidating data are shown for the "Equipment Operations" and "Financial Services". Transactions between the "Equipment Operations" and "Financial Services" have been eliminated to arrive at the "Consolidated" data.

DEERE & COMPANY

CONSOLIDATED

EQUIPMENT OPERATIONS

FINANCIAL SERVICES

STATEMENT OF CONSOLIDATED INCOME

(Deere & Company and

(Deere & Company with Financial

Nine Months Ended July 31

Consolidated Subsidiaries)

Services on the Equity Basis)

Millions of dollars except per share amounts

Nine Months Ended July 31

Nine Months Ended July 31

Nine Months Ended July 31

(Unaudited)

2001

2000

2001

2000

2001

2000

Net Sales and Revenues

Net sales

$  8,384.0 

$  8,326.3 

$  8,384.0 

$  8,326.3 

Finance and interest income

1,080.5 

957.3 

78.6 

68.8 

$  1,028.4 

$   903.3 

Health care premiums and fees

426.5 

346.0 

440.3 

360.6 

Investment income

8.9 

15.6 

.1 

7.7 

8.9 

7.9 

Other income

    140.8 

    115.9 

       98.1 

      73.4 

       68.3 

      64.0 

    Total

 10,040.7 

  9,761.1 

   8,560.8 

  8,476.2 

   1,545.9 

  1,335.8 

Costs and Expenses

Cost of sales

6,798.6 

6,645.6 

6,810.3 

6,657.8 

Research and development expenses

429.6 

373.3 

429.6 

373.3 

Selling, administrative and general expenses

1,157.2 

1,063.1 

860.4 

811.3 

298.9 

253.4 

Interest expense

588.6 

488.9 

198.4 

132.1 

416.7 

371.6 

Health care claims and costs

348.3 

279.9 

348.3 

279.9 

Other operating expenses

    274.6 

    227.9 

       45.2 

      26.8 

     255.1 

     223.4 

    Total

  9,596.9 

  9,078.7 

   8,343.9 

  8,001.3 

   1,319.0 

  1,128.3 

Income of Consolidated Group Before Income Taxes

443.8 

682.4 

216.9 

474.9 

226.9 

207.5 

Provision for income taxes

    174.7 

    271.8 

       93.2 

    197.1 

      81.5 

      74.7 

Income of Consolidated Group

    269.1 

    410.6 

     123.7 

    277.8 

    145.4 

    132.8 

Equity in Income (Loss) of Unconsolidated

    Subsidiaries and Affiliates

    Credit

(2.0)

.5 

133.1 

124.2 

(2.0)

.5 

    Other

     (11.0)

       3.3 

         (.7)

     12.4 

        Total

     (13.0)

       3.8 

     132.4 

136.6 

      (2.0)

        .5 

Net Income

$   256.1 

$   414.4 

$    256.1 

$   414.4 

$   143.4 

$   133.3 

Per Share:

    Net income - basic

 $    1.09 

 $    1.77 

    Net income - diluted

 $    1.08 

 $    1.75 

See Notes to Interim Financial Statements. Supplemental consolidating data are shown for the "Equipment Operations" and "Financial Services". Transactions
between the "Equipment Operations" and "Financial Services" have been eliminated to arrive at the "Consolidated" data.

DEERE & COMPANY
CONDENSED CONSOLIDATED BALANCE SHEET

CONSOLIDATED
(Deere & Company and
Consolidated Subsidiaries)

EQUIPMENT OPERATIONS
(Deere & Company with Financial
Services on the Equity Basis)

FINANCIAL SERVICES

Millions of dollars (Unaudited)

July 31
2001

Oct 31
2000

July 31
2000

July 31
2001

Oct 31
2000

July 31
2000

July 31
2001

Oct 31
2000

July 31
2000

Assets
Cash and short-term investments
Cash deposited with unconsolidated subsidiaries

    Cash and cash equivalents
Marketable securities
Receivables from unconsolidated
    subsidiaries and affiliates
Trade accounts and notes receivable - net
Financing receivables - net
Other receivables
Equipment on operating leases - net
Inventories
Property and equipment - net
Investments in unconsolidated
    subsidiaries and affiliates
Intangible assets - net
Prepaid pension costs
Other assets
Deferred income taxes
Deferred charges
        Total

$ 252.7
________

252.7
159.2

345.9 3,551.5 8,585.6 307.5
1,942.7
1,924.9
1,956.8

210.3
777.9
658.3
406.8
827.0
____36.7
$22,043.8

$ 291.7
_________

291.7
127.4

230.9
3,169.2
8,275.7
395.3
1,954.4
1,552.9
1,912.4

190.7
652.2
635.3
256.8
740.4
____84.1
$20,469.4

$ 351.7
________

351.7
116.0

211.7
3,627.0
7,532.4
276.8
1,855.0
1,725.1
1,803.6

185.5
708.8
623.3
244.9
744.8
____96.0
$20,102.6

$ 129.7
_____6.7

196.4


370.9
3,535.0
93.3
179.0
7.6
1,924.9
1,915.3

1,685.5
777.0
658.3
155.8
903.0
____27.2
$12,529.2

$ 91.4
___548.3

639.7


408.4
3,169.2
125.0
266.4
5.9
1,552.9
1,864.6

1,561.8
651.2
635.3
117.5
736.4
____78.4
$11,812.7

$ 153.1
___113.8

266.9


393.0
3,627.0
124.0
140.0
3.2
1,725.1
1,756.5

1,535.8
707.1
623.3
107.6
739.3
____87.5
$11,836.3

$ 122.9
________

122.9
159.2

279.6
16.5
8,492.3
128.4
1,935.1

41.5

5.7
.9

251.0
2.2
_____9.5
$11,444.8

$ 200.3
________

200.3
127.4

140.0

8,150.7
128.9
1,948.5

47.7

10.1
1.1

139.3
3.9
_____5.7
$10,903.6

$ 198.6
________

198.6
116.0

106.5

7,408.4
136.8
1,851.8

47.1

12.1
1.6

137.2
5.6
_____8.5
$10,030.2

Liabilities and Stockholders' Equity
Short-term borrowings
Payables to unconsolidated subsidiaries
    and affiliates
Accounts payable and accrued expenses
Health care claims and reserves
Accrued taxes
Deferred income taxes
Long-term borrowings
Retirement benefit accruals and other liabilities
    Total liabilities
Stockholders' equity
        Total

$ 6,080.6

33.4
2,783.5
84.2
120.7

6,156.8
2,454.1 17,713.3 4,330.5 $22,043.8

$ 5,758.5

32.7
2,976.4
63.4
57.5
74.6
4,764.3
__2,440.1
16,167.5
__4,301.9
$20,469.4

$ 5,246.9

58.4
2,670.5
55.8
167.4
53.4
5,005.2
__2,493.2
15,750.8
__4,351.8
$20,102.6

$ 1,316.1

74.2
2,071.6

104.3

2,204.8
__2,427.7
8,198.7
__4,330.5
$12,529.2

$ 927.5

41.4
2,360.8

45.5
2.5
1,717.7
__2,415.4
7,510.8
__4,301.9
$11,812.7

$ 1,012.0

58.4
2,069.4

151.2
7.6
1,718.2
__2,467.7
7,484.5
__4,351.8
$11,836.3

$ 4,764.4

330.6
711.9
84.2
16.4
78.2
3,952.0
____26.4
9,964.1
__1,480.7
$11,444.8

$ 4,831.1

856.9
615.6
63.4
11.9
72.1
3,046.7
____24.8
9,522.5
__1,381.1
$10,903.6

$ 4,234.9

401.7
601.1
55.8
16.2
45.8
3,287.0
____25.5
8,668.0
__1,362.2
$10,030.2

See Notes to Interim Financial Statements. Supplemental consolidating data are shown for the "Equipment Operations" and "Financial Services". Transactions between the "Equipment Operations" and "Financial Services" have been eliminated to arrive at the "Consolidated" data.

Three Months Ended
July 31
2001                      2000

Nine Months Ended
July 31
2001                        2000

Dividends declared
Dividends paid

$.22
$.22

$.22
$.22

$.66
$.66

$.66
$.66

Three Months Ended
July 31
2001                   2000

Nine Months Ended
July 31
2001                  2000

Net income

$  71.8

$  172.4

$  256.1

$  414.4

Other comprehensive income (loss), net  of tax:

    Change in cumulative translation adjustment

(25.4)

3.2

(41.4)

(31.4)

    Unrealized gain (loss) on marketable securities

1.4

.4

3.3

(4.8)

    Unrealized gain (loss) on derivatives

        .4

  (39.4)

    Comprehensive income

$  48.2

$ 176.0

$ 178.6

$ 378.2