#1Investor Presentation May 2020 July 2020 ก OH Den JOHN DEERE#22 Safe Harbor Statement & Disclosures This presentation includes forward-looking comments subject to important risks and uncertainties. It may also contain financial measures that are not in conformance with accounting principles generally accepted in the United States of America (GAAP). Refer to Deere's reports filed on Forms 8-K (current), 10-Q (quarterly), and 10-K (annual) for information on factors that could cause actual results to differ materially from information in this presentation and for information reconciling financial measures to GAAP. Past performance may not be representative of future results. Guidance noted in the following slides was effective as of the company's most recent earnings release and earnings call (22 May 2020). Nothing in this presentation should be construed as reaffirming or disaffirming such guidance. This presentation is not an offer to sell or a solicitation of offers to buy any of Deere's securities.#33 Table of Contents John Deere Strategy Use-of-Cash John Deere Financial Services Agriculture Fundamentals Construction & Forestry Fundamentals Appendix Slide 4 19 24 28 44 48#4John Deere Strategy 15000% 450- FI 5.2- Active Pages Defile Tractor Run Page 100-> a #2 16.8 5.2 00 O MPN 1.4 * 3.0 3403N 35 Fuit Auro 1.33 184#55 THE JOHN DEERE STRATEGY OUR PURPOSE Committed to those linked to the land GLOBAL AGRICULTURAL EQUIPMENT SOLUTIONS PREEMINENCE A GLOBAL LEADER IN CONSTRUCTION EQUIPMENT SOLUTIONS DELIVER MEASURABLE CUSTOMER VALUE OUTPACE INDUSTRY IN GROWTH 15% OPERATING MARGIN (AT MID-CYCLE) TECHNOLOGY AND ANALYTICS LEADERSHIP BEST-IN-CLASS INTEGRATED SOLUTIONS WORLD-CLASS DISTRIBUTION SYSTEM EXCEPTIONAL OPERATING PERFORMANCE MANUFACTURING AND SUPPLY EXCELLENCE DISTINCTIVE PRODUCT QUALITY EXTRAORDINARY GLOBAL TALENT GLOBAL GROWTH COMPLEMENTARY BUSINESSES BUSINESSES SUPPORTING BUSINESSES 2 ASSET TURNS (AT MID-CYCLE) OUR ASPIRATIONS Realizing sustainable SVA growth through innovation and disciplined expansion. WIN IN AFTERMARKET CIVIC AND ENVIRONMENTAL STEWARDSHIP CRITICAL SUCCESS FACTORS Further developing the capabilities essential to reaching our goals. FOUNDATIONAL SUCCESS FACTORS Investing in the core strengths that have guided our success. INTEGRATED ENTERPRISE Leveraging the strengths and unique capabilities of three types of businesses through aligned, high-performance teamwork. INTEGRITY | QUALITY | COMMITMENT | INNOVATION CORE VALUES Unwavering adherence to the values that unite and differentiate us.#66 Exceptional Operating Performance - OROA Equipment Operations 21.3% OROA* in 2019 40% 30% 20% 2015 2016 2009 10% 12% 0% -10% 80% 2014 2010 2007 2018 2019 2017 2006 20% 2001 2003 2002 100% % of Mid-Cycle Volume * Operating Return on Operating Assets ** Shareholder Value Added; for reconciliation to GAAP see "SVA* Reconciliation to GAAP" slide in Appendix 2013 2011 2012 2008 28% 2004 2005 12% OROA (SVA** Neutral) 120%#77 $ Millions Exceptional Operating Performance - SVA Equipment Operations $1.5 billion SVA* in 2019 $4,000 Adoption of SVA Model $3,000 $2,000 $1,000 $0 -$1,000 -$2,000 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 2019 * Shareholder Value Added; for reconciliation to GAAP see "SVA* Reconciliation to GAAP" slide in Appendix#88 $ Millions Exceptional Operating Performance - Operating Cash Flow Equipment Operations $3.2 billion Net Cash Flow in 2019 $5,000 Adoption of SVA* Model $4,000 $3,000 $2,000 $1,000 Sale of Trade Receivables to John Deere Financial $0 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 2019 * Shareholder Value Added Note: Over $10.5 billion in Pension/OPEB contributions from 2001-2019#99 $ Thousands Productivity Improvement ~ 3% CAGR* over 30 years $700 $600 $500 $400 $300 $200 $100 $0 1991 * Compound Annual Growth Rate Net Sales and Revenues per Employee 1995 1999 2003 2007 2011 2015 2019#1010 $ Millions Investment in New Products and Technologies 1,800 1,600 1,400 1,200 1,000 800 600 400 200 0 R&D as Percent of Net Sales 8% mmilllill 2011 6% 4% 2% 0% 2005 2007 2009 2013 2015 2017 2019 R&D $ % of Net Sales#1111 Net Sales by Product Category Equipment Operations - Fiscal 2019 Agriculture & Turf $24.1 billion* Turf $2.7 Other $1.1 Small Ag $8.7 *Includes Other Revenues Construction & Forestry $11.5 billion* Roadbuilding Large Ag $11.7 $3.2 Compact $1.3 Other $0.4 Construction $1.4 Forestry $5.2#12Net Sales by Major Markets Equipment Operations** $19.3 $20.6 $5.3 $5.5 $3.4 $3.6 $4.0 $3.8 $2.2 $2.2 U.S. & Canada Western Europe Central Europe & CIS Latin America Asia, Africa, Australia, New Zealand & Middle East 2018 2019 12 $ Billions *U.S. & Canada not to scale with other markets **2018 includes 10 months of Wirtgen and Other Revenues#13John Deere Precision Ag Profitable + Sustainable JOHN DEERE#14Best Machines Deere is the global leader in precision agriculture Industry Leading Technology World Class Dealer Channel JOSKIN ExactEmerge B Back Drozd front Optype De Peniage Work vo Ve PROSTY 25 375 1150 98 JOHN DE#15Traditional Agriculture Next Frontier of Agriculture Bigger. Faster. Stronger. Automated. Easy to Use. More Precise.#16Best machines, smarter over time, better together Our Strategy: Help our customers become the most profitable & sustainable growers FIELD PRE MANAGE PLANT/SEED MANAGE With our technology we make farming automated, easy to use and more precise across all operations 010010/ 011100 101101 MANAGE HARVEST MANAGE APPLY 010110 001001 001110#17Migration from Field Plant A Field Zone Row Plant#18Case Study: Combine Advisor Making Every Grain Count Grain System Video O Live Camera Source Grain Camera Tailings Camera Both Grain Analysis Broken Quality Unthreshed Foreign ate Grain Quality Camera View Grain Analysis Light Heavy ON OFF JOHN DEERE 40 Active Yield Grain loss sensor Gen4 Display 635 D Ops Center Remote View & Adjust Intelligent Combine Adjust M Customer Value: Automated machine settings, more consistent harvest quality, reduced need for skilled labor#19Use-of-Cash JOHN DEERE ExactEmerge#20Deere Use-of-Cash Priorities Cash from Operations Committed to "A" Rating ➤ Manage the balance sheet, including liquidity, to support a rating that provides access to low-cost and readily available short- and long-term funding mechanisms ➤ Reflects the strategic nature of our financial services operation ➤ Fund value-creating investments in our businesses Fund Operating and Growth Needs 20 20 Common Stock Dividend Consistently and moderately raise dividend targeting a 25%-35% payout ratio of mid-cycle earnings Share Repurchase ➤ Consider share repurchase as a means to deploy excess cash to shareholders, once above requirements are met and repurchase is viewed as value-enhancing#2121 Deere Quarterly Dividends Declared 1Q 2004 - 2Q 2020 Dividend raised 171% since 2010 $0.80 $0.76 $0.70 $0.60 $0.50 $0.40 $0.30 $0.28 $0.20 $0.10 $0.11 $0.00 2004 2005 2006 2007* 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 * Adjusted for 2 for 1 stock split on 26 November 2007#22Share Repurchase As Part of Publicly Announced Plans 2Q 2020: Cost of repurchases Shares repurchased 2004-2Q 2020: Cumulative cost of repurchases Shares repurchased $149.0 million 1.0 million $18.8 billion 261.0 million December 2013 authorization of $8 billion: Amount remaining $0.8 billion Millions of Shares* 40 40 30 37% net share reduction since 2004 $3.0 20 20 $2.5 $2.0 $1.5 $1.0 $ Billions 10 $0.5 $8.0 billion 0 $0.0 2004 2006 2008 2010 2012 2014 2016 2018 2020 December 2019 authorization of $8 billion: Amount remaining Shares outstanding: 3 May 2020 period ended basic shares 312.9 million 2Q 2020 average diluted shares 316.2 million * All shares adjusted for two-for-one stock split effective 26 November 2007 22 John Deere | 2Q20 Earnings Call | May 22, 2020 Shares Repurchased Amount Spent#2323 $ Millions Sources and Uses of Cash Fiscal 2004-2019 Equipment Operations $50,000 $40,000 $30,000 $43,921 $20,000 $10,000 $4,332 $679 $12,663 $1,353 ~ 58% of cash from operations returned to shareholders = Source of Cash = Use of Cash $9,597 $15,720 $674 $0 $4,287 Beginning Cash & Cash Equivalents (Fiscal 2004) Cash From Operations Acquisitions, net of Divestitures Net Change in Capital Expenditures Debt and Intercompany Balances Investment in Financial Services Dividends Share Repurchase, net of Common Stock Issuances Other* $3,196 Ending Cash & Cash Equivalents (Fiscal 2019) * Other includes proceeds from maturities and sales of marketable securities and purchases of marketable securities and reconciliation for non-cash items including the effect of exchange rates on cash and cash equivalents Note: "Cash from Operations" adjusted with the adoption of FASB ASU No. 2016-09 "Improvements to Employee Share-Based Payment Accounting" Source: Deere & Company SEC filings, Deere & Company forecast as of 27 November 2019 ך#24John Deere Financial Services EXPERT CHECK JOHN DEERE JOHN DEERE#25$ Millions 25 John Deere Financial Services Consistent earnings throughout the cycle $4,000 $3,000 $2,000 $1,000 $0 -$1,000 -$2,000 1991 1995 1999 Net Income 2003 2007 John Deere Financial (attributable to Deere & Company) 2011 Equipment Operations 2015 2019#2626 John Deere Financial Services ~$47 billion Net Owned Portfolio as of 3 November 2019 Portfolio Composition by Segment Portfolio Composition by Geography Portfolio Composition by Product Australia 3% C&F 19% Region 3 (Latin America) 6% Region 2 Region 1 (Asia & Africa) 2% Operating Lease 17% Ag & Turf 81% (Europe) 6% Canada 11% Note: Information above includes all Deere & Company lending activities worldwide. Revolving Credit 8% Wholesale/ Floorplan 21% U.S. 72% Installment and Finance Lease 54%#2727 John Deere Capital Corporation Continued extremely low write-offs in Agriculture & Turf and Construction & Forestry 4.0% 3.0% 2.0% 1.0% 0.0% ■..... Agriculture & Turf* Construction & Forestry 4.0% 3.0% 2.0% 1.0% 0.0% -1.0% -1.0% 1983 1987 1991 1995 1999 2003 2007 2011 2015 2019 1995 1999 2003 2007 2011 2015 2019 Net Write-offs (Ag) Installments 60+DPD (Ag) -Installments 60+DPD (C&F) * 1983-1985 includes construction; 1986-1994 includes lawn & grounds care; 2009 forward includes ag & turf equipment; as % of owned losses after dealer reserve charges Source: 1983-1994 internal reporting, 1995-2011 JDCC 10-K filings, 2012-2019 internal reporting Net Write-offs (C&F)#28Agriculture Fundamentals#29Global Stocks-to-Use Ratios 60% 50% 40% 30% 20% 29 10% Wheat Corn Cotton Soybeans 120% 100% 80% 60% 40% 20% 0% 0% 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020P Source: USDA, 12 May 2020 O Cotton Ratios#3030 Million Metric Tons Global Grain Supply and Demand 3,000 2,500 2,000 1,500 1,000 500 0 96/97 98/99 00/01 02/03 04/05 06/07 08/09 10/11 12/13 14/15 16/17 18/19 20/21 Source: USDA, 27 May 2020 Production Consumption#31$ Billions U.S. Farm Cash Receipts $500 $400 $300 $200 $100 $0 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020F ■Crops Livestock ■Government Payments USDA Aid* CFAP Aid *USDA Aid includes MFP1 and three tranches of MFP2 Note: Coronavirus Food Assistance Program (CFAP) provides up to $16B in direct payments to deliver relief to farmers and ranchers impacted by the coronavirus pandemic. Source: 2001-2018: USDA, 5 February 2020 2019F-2020F: Deere & Company forecast as of 22 May 2020 31 John Deere | 2Q20 Earnings Call | May 22, 2020#3232 U.S. Net Farm Cash Income ($ billions) 2018 2019 Forecast 2020 Forecast Total Cash Receipts $386.4 $398.2 $385.3 Other Farm-Related Income $29.1 $34.3 $31.4 Gross Cash Income $415.5 $432.5 $416.7 Cash Expenses ($311.3) ($311.8) ($308.2) Net Cash Income $104.2 $120.7 $108.5 Source: 2018: USDA, 5 February 2020 2019F-2020F: Deere & Company forecast as of 22 May 2020#33$ Billions 33 U.S. Farm Balance Sheet $3,500 $3,000 $2,500 $2,000 $1,500 $1,000 $500 $0 1975 1980 Farm Debt 1985 1990 1995 Farm Equity Source: 1975-2018: USDA, 5 February 2020 2019F-2020F: Deere & Company forecast as of 22 May 2020 T л 2000 Debt to Equity Ratio (%) 2005 2010 30% 25% 20% 15% 10% 2015 2020F Debt to Asset Ratio (%)#3434 EU 28 Macroeconomic Data 16% GDP Composition 2% 12% 8% 4% 0% -4% -8% -12% Interest Rate Inflation Unemployment GDP Growth Germany Source: IHS Markit May 2020 France UK GDP Growth - Major Economies 2019 2020F 2021F 24% Services Industry 74% Agriculture Source: The World Factbook, 2015 est.#3535 EU 28 Ag Economic Data - - - - Utilized agricultural area ~ 190 million hectares Arable land ~ 110 million hectares Growth potential for Western Ag equipment industry in Central & Eastern Europe - Ongoing farm & Ag land consolidation and yield improvements Average farm size ~ 16 hectares Number of farms ~ 11 million Source: FAO, Eurostat Agricultural Census 2013 US$ Billions $150 $120 $90 $60 $30 $0 2011 Crop Value of Production 2014 2017 2020F Includes wheat, barley, corn, sunflower seed, rapeseed, soybean, sugar beet, cotton, rice Source: IHS Markit, May 2020 Share of the World Market Production Exports Total Grains 14% 10% Wheat 20% 15% Barley 41% 23% Pork Meat 22% 36% Cow Milk 31% 47% Source: USDA, May 2020; average 2017-2019 (Total Grains: excludes rice; Cow Milk: net exports of cheese)#3636 Brazil Macroeconomic Data 16% 12% 8% 4% 0% hull. -4% -8% -12% Interest Rate Source: IHS Markit, May 2020 CPI Inflation 2017 2018 Unemployment 2019E GDP Growth GDP Composition 21% 5% 74% Services Industry Agriculture Source: Brazilian Institute of Geography and Statistics (IBGE), 2017#3737 Brazil Ag Economic Data - Agricultural area ~ 283 million hectares* - Arable land & permanent crops ~ 87 million hectares ~17 million hectares brought into production from 2002-2012 (~ half from pasture) - ~ 1 million hectares will be brought into production in next 10 years Average farm size ~ 70 hectares - Number of farms ~ 5 million US$ Billions $150 $120 $90 Crop Value of Production $60 $30 $0 2010 2013 2016 2019E Includes key grains, ethanol, sugar Source: IHS Markit, May 2020 Soybean Corn Sugar Beef Chicken Share of the World Market Production Exports 34% 48% 8% 19% 20% 42% 16% 20% 14% 33% * Includes pasture, excludes double crop Source: FAO, Conab, Brazilian Institute of Geography and Statistics (IBGE) Source: USDA, May 2020; average 16/17-18/19#3838 CIS Macroeconomic Data 16% 12% 8% 4% 0% -4% -8% --LTTT; -12% Interest Rate Inflation Unemployment GDP Growth Russia GDP Growth - Major Economies Ukraine Kazakhstan 2019 2020F 2021F Source: IHS Markit May 2020 GDP Composition (Russia) 36% Services 4% Industry 60% Agriculture Source: The World Factbook, 2015 est.#3939 CIS Ag Economic Data - - - - Utilized agricultural area ~ 560 million hectares Arable land ~ 195 million hectares Significant opportunities to improve yield rates in all major crops* - - Land under cultivation (sown crops) expected to remain nearly flat over the next decade "Western-style" equipment used on <25% of farm land Average farm size ~ 995 hectares Number of farms ~ 0.5 million * Deere & Company forecast as of 29 May 2020 Source: FAO, CIS farm statistics 2006-2007 (Russia, Ukraine and Kazakhstan) US$ Billions $150 $120 $90 $60 $30 $0 2011 Crop Value of Production 2014 2017 2020F Includes wheat, barley, corn, sunflower seed, rapeseed, soybean, sugar beet Source: IHS Markit, May 2020 Share of the World Market Production Exports Total Grains 11% 28% Wheat 18% 35% Barley 24% 40% Corn 5% 19% Sunflower 58% 49% Source: USDA, May 2020; average 2017-2019 (Total Grains: excludes rice)#4040 China Macroeconomic Data 16% GDP Composition 12% 8% 4% 0% -4% -8% -12% Interest Rate Source: IHS Markit May 2020 Inflation Unemployment GDP Growth 2019 2020F 2021F 9% 48% 43% Services Industry Agriculture Source: The World Factbook, 2015 est.#4141 - China Ag Economic Data - Utilized agricultural area ~ 515 million hectares - Arable land & permanent crops hectares ~122 million Rural population % of total declined 15% from 2003-2014 Average farm size ~ 0.47 hectares - Number of farms ~ 257.7 million in 2012 US$ Billions $300 $225 $150 $75 $0 2011 Crop Value of Production 2014 2017 2020F Includes corn, wheat, rice, barley, sorghum, oilseeds, peanut, sugar, cotton Source: IHS Markit, May 2020 Total Grains Wheat Corn Rice Cotton Share of the World Market Production Exports 19% 0.9% 18% 0.6% 23% 0.0% 30% 6% 23% 0.4% Source: FAO, IHS Global Insight, China National Bureau of Statistics Source: IHS Markit, May 2020; average 2017-2019#4242 India Macroeconomic Data 16% 12% 8% 4% 0% -4% -8% -12% Interest Rate Source: IHS Markit May 2020 Inflation سلا Unemployment GDP Growth 2019 2020F 2021F GDP Composition 16% 54% 30% Services Industry Agriculture Source: The World Factbook, 2015 est.#4343 India Ag Economic Data - Utilized agricultural area ~ 180 million hectares - - Arable land ~ 157 million hectares Average farm size ~ 1.2 hectares Number of farms ~ 129 million US$ Billions $300 $225 $150 $75 $0 2011 Crop Value of Production 2014 2017 2020F Includes corn, wheat, rice, barley, sorghum, oilseeds, peanut, sugar, cotton Source: IHS Markit, May 2020 Share of the World Market Production Exports Total Grains 7% 3% Wheat 14% 0.3% Corn 3% 0.4% Rice 26% 24% Cotton 23% 9% Source: IHS Markit, May 2020; average 2017-2019 Source: FAO, Tractor Manufacturers Association of India, Indian Ministry of Agriculture#44Construction & Forestry Fundamentals 1)#4545 Millions of Units U.S. Housing Starts 2.5 2.0 1.5 1.0 0.5 0.0 1968 1973 1978 1983 1988 Multi-Family Housing Starts Source: 1968-2018: U.S. Census Bureau, April 2020 2019F-2020F: Deere & Company forecast as of 22 May 2020 1993 1998 2003 Single-Family Housing Starts 2008 2013 2018#46$ Billions* 46 U.S. Construction Spending $1,600 $1,200 $800 $400 $0 + 2000 2002 2004 2006 2008 2010 Government Infrastructure Investment Nonresidential Investment in Structures * 2009$ base Source: 2000-2018: U.S. Bureau of Economic Analysis, April 2020 2019F-2020F: Deere & Company forecast as of 22 May 2020 2012 2014 2016 60% 40% 20% 0% 2018 2020F Government Investment in Structures O Residential Investment in Permanent Structures % Total Construction Spend#4747 End to End Road Construction Portfolio QUARRY 1 Excavators, 4WD Loaders, and ADTS 2 5 work together loading larger rock into crushers CRUSHER / SCREENER Breaks larger rock to suitable size for asphalt and concrete projects MILLING MACHINE 3 Provides crushed reclaimed / recycled material from road replacement ASPHALT PLANT(S) 4 Screened aggregate and reclaimed asphalt material are mixed and supply hot asphalt to the project ROAD CONSTRUCTION SITE Earthmoving and material handling equipment will be at the road construction site ROLLERS 10 Rollers will compact road after hot asphalt has been laid 9 COMPACTORS ASPHALT PAVER Lays down the hot asphalt 8 Compactors will compact the FINISH GRADING 7 Motorgraders will do the finish grading graded road before the asphalt paver lays down hot asphalt ROUGH GRADING 6 Dozers will do the rough grading for the road 11 CONCRETE PAVER A concrete slip-form paver will pave concrete roads#48Appendix MESTOPL WESTORE#4949 SVA** Reconciliation to GAAP Equipment Operations ($ millions except where noted) 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 Net Sales 7,663 8,830 9,640 11,082 11,926 9,701 11,169 11,077 11,703 13,349 2004 2006 17,673 19,401 19,884 2005 Average Identifiable Assets With Inventories at LIFO 5,551 6,187 6,502 6,682 7,672 7,724 8,069 8,743 6,229 5,965 6,482 7,248 7,546 With Inventories at Standard Cost 6,494 7,131 7,488 7,703 8,711 8,739 9,039 9,678 7,147 6,925 7,477 8,312 8,634 Operating Profit 847 1,006 1,125 1,402 1,476 272 693 (46) 401 708 1,905 1,842 1,905 Percent of Net Sales 11.1% 11.4% 11.7% 12.6% 12.4% 2.8% 6.2% (0.4%) 3.4% 5.3% 10.8% 9.5% 9.6% Operating Return on Assets With Inventories at LIFO 15.3% 16.3% 17.3% 21.0% 19.3% 3.5% 8.6% (0.5%) 6.4% 11.9% 29.4% 25.4% 25.2% With Inventories at Standard Cost 13.0% 14.1% 15.0% 18.2% 16.9% 3.1% 7.7% (0.5%) 5.6% 10.2% 25.5% 22.2% 22.1% SVA Cost of Assets (780) (856) (898) (924) SVA 68 150 226 477 (1,045) 431 (1,049) (1,085) (1,162) (858) (831) (897) (998) (1,036) (776) (392) (1,208) (457) (123) 1,008 844 869 ($ millions except where noted) 2007 Net Sales 21,489 2008 25,803 2009 20,756 2010 23,573 2011 29,466 2012 33,501 2013 2014 2015 2016 2017 34,998 32,961 25,775 23,387 25,885 2018* 2019* 30,324 31,693 Average Identifiable Assets With Inventories at LIFO 8,092 9,652 With Inventories at Standard Cost 9,205 10,812 9,647 10,950 9,196 10,494 11,516 12,875 13,594 14,569 14,113 12,491 11,816 14,965 15,924 15,493 13,840 13,092 12,150 13,566 14,460 13,421 14,825 15,838 Operating Profit 2,318 2,927 1,365 2,909 Percent of Net Sales 10.8% 11.3% 6.6% 12.3% 3,839 13.0% 4,397 5,058 4,297 2,177 1,880 2,821 3,568 3,378 13.1% 14.5% 13.0% 8.4% 8.0% 10.9% 11.8% 10.7% Operating Return on Assets With Inventories at LIFO 28.6% 30.3% With Inventories at Standard Cost 25.2% 27.1% 14.1% 12.5% 31.6% 27.7% 33.3% 32.3% 34.7% 30.4% 17.4% 15.9% 23.2% 26.3% 23.4% 29.8% 29.4% 31.8% 27.7% 15.7% 14.4% 21.0% 24.1% 21.3% SVA Cost of Assets (1,094) SVA 1,224 1,643 (1,284) (1,301) (1,259) 1,650 64 (1,545) 2,294 (1,795) 2,602 3,147 (1,911) (1,860) 2,437 (1,661) 516 (1,570) 310 (1,611) 1,210 (1,778) (1,900) 1,790 1,478 * Excluding Wirtgen ** Shareholder Value Added#50JOHN DEERE