Item 7.

Financial Statements, Pro Forma Financial Information and Exhibits.

(c)

Exhibits

(99)

Financial Statements and Pro Forma Financial Information

The attached exhibits correct the following amounts in the financial statements and supplemental information attached as exhibits to the registrant's Form 8-K dated and filed November 20, 2001. Typographical errors occurred in transcribing information for filing. For convenience, attached hereto are the financial statements and supplemental information as corrected.

As reported

Corrected

(In millions of dollars)

Pro forma financial information
     Financial Services:
        Financing receivables and leases
          financed-net (October 31, 2000)

$  10,009  

$  10,099  

Statement of Consolidated Income
Year Ended October 31
     Net Sales and Revenues (Consolidated-Year
          Ended October 31, 2000)

$   1,168.6

$  11,168.6

     Net Sales and Revenues (Equipment Operations-
          Year Ended October 31, 2001)

$   1,077.4

$  11,077.4

     Costs and Expenses-Total (Equipment Operations-
          Year Ended October 31, 2000)

$  10,871  

$  10,871.1

Condensed Consolidated Balance Sheet
     Liabilities and Stockholders' Equity
        Short-term borrowings (Consolidated-
           October 31, 2001)

$   6,036.4

$   6,198.5

        Short-term borrowings (Financial Services-
           October 31, 2001)

$   5,263.0

$   5,425.1

        Long-term borrowings (Consolidated-
           October 31, 2001)

$   6,722.8

$   6,560.7

        Long-term borrowings (Financial Services-
            October 31, 2001)

$   4,512.6

$   4,350.5

Statement of Consolidated Cash Flows
     Net cash provided by operating activities (Consolidated-
            Year Ended October 31, 2001)
     Purchases of property and equipment (Consolidated-
            Year Ended October 31, 2001)

$   1,113.1

$   1,113.4

$      490.0

$      491.0

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/ JAMES R. JENKINS

James R. Jenkins
Senior Vice President and General Counsel

Dated:

December 5, 2001

Exhibit Index

Number and Description of Exhibit

Sequential
Page Number

(99)

Financial Statements and Pro Forma Financial Information

Pg. 5

EXHIBIT 99

Fourth Quarter and 2001 Press Release
(millions of dollars and shares except per share amounts)

Three Months Ended
October 31

Twelve Months Ended
October 31

2001

2000

% Chng

2001

2000

% Chng

Net sales and revenues:

    Agricultural equipment net sales

$  1,585

$  1,605

-1

$  6,269

$  5,934

+6

    Commercial and consumer

        equipment net sales

492

636

-23

2,667

2,966

-10

    Construction and forestry net sales

514

581

-12

2,086

2,203

-5

    Other net sales

11

20

-45

55

66

-17

            Total net sales

2,602

2,842

-8

11,077

11,169

-1

    Credit revenues

351

360

-3

1,439

1,323

+9

    Other revenues

208

174

+20

777

645

+20

        Total net sales and revenues*

$  3,161

$  3,376

-6

$13,293

$13,137

+1

Operating profit (loss) **:

    Agricultural equipment

$     (78)

$      68

$     257

$     400

-36

    Commercial and consumer

        equipment

(270)

(11)

(194)

159

    Construction and forestry

(100)

40

(54)

191

    Credit

65

60

+8

274

254

+8

    Other

(3)

(10)

-70

(31)

(39)

-21

        Total operating profit (loss)*

(386)

147

252

965

-74

Interest, corporate expenses

    and income taxes

66

(76)

(316)

(479)

-34

        Net income (loss)

$    (320)

$      71

$     (64)

$     486

Per Share:

    Net income (loss) - basic

$   (1.36)

$     .30

$    (.27)

$     2.07

    Net income (loss) - diluted

$   (1.36)

$     .30

$    (.27)

$     2.06

*  Includes overseas equipment operations

Net sales

$     778

$     759

+3

$  2,954

$  2,897

+2

Operating profit (loss)

$     (29)

$      11

$     118

$     164

-28

**    In the fourth quarter and fiscal year 2001, operating profit (loss) of the agricultural equipment, commercial and consumer equipment, construction and forestry, credit and other segments included costs for special items of $97 million, $163 million, $80 million, $3 million and $1 million, respectively, totaling $344 million pretax. These costs are related to early-retirement programs, the decision to exit the hand-held consumer-products business and the restructuring of certain construction and forestry manufacturing and marketing operations.  The total after-tax special items expense was $217 million, or $.91 per share.

October 31, 2001

October 31, 2000

Equipment Operations:

    Trade accounts and notes

       receivable - net

$  1,051

$  3,169

    Inventories

$  1,506

$  1,553

Financial Services:

    Trade accounts and notes

       receivable - net

$  2,226

    Financing receivables and leases

       financed - net

$ 11,078

$ 10,099

    Financing receivables and leases

       administered - net

$ 12,725

$ 12,223

Average shares outstanding

235.0

234.3

DEERE & COMPANY STATEMENT OF CONSOLIDATED INCOME THREE MONTHS ENDED OCTOBER 31

CONSOLIDATED
(Deere & Company and
Consolidated Subsidiaries)

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

FINANCIAL SERVICES

(In millions of dollars

Three Months Ended October 31

Three Months Ended October 31

Three Months Ended October  31

except per share amounts)

2001

2000

2001

2000

2001

2000

Net Sales and Revenues

Net sales

  $   2,602.3  

  $   2,842.3  

  $   2,602.3  

  $   2,842.3  

Finance and interest income

364.8  

364.0  

17.3  

30.3  

  $   355.1  

  $   342.1  

Health care premiums and fees

158.5  

127.7  

163.2  

132.5  

Investment income

2.9  

3.0  

2.9  

3.0  

Other income

32.6  

38.7  

31.2  

28.2  

11.4  

19.8  

        Total

3,161.1  

3,375.7  

2,650.8  

2,900.8  

532.6  

497.4  

Costs and Expenses

Cost of sales

2,486.4  

2,290.5  

2,490.2  

2,294.4  

Research and development expenses

160.5  

168.8  

160.5  

168.8  

Selling, administrative and general expenses

560.0  

441.8  

435.1  

338.2  

125.7  

104.4  

Interest expense

177.1  

187.6  

70.5  

51.0  

114.1  

145.0  

Health care claims and costs

127.7  

100.6  

127.7  

100.6  

Other operating expenses

118.0  

91.3  

37.1  

17.5  

91.1  

83.2  

        Total

3,629.7  

3,280.6  

3,193.4  

2,869.9  

458.6  

433.2  

Income (Loss)  of Consolidated Group

        Before Income Taxes

(468.6) 

95.1  

(542.6) 

30.9  

74.0  

64.2  

Provision (credit) for income taxes

(157.0) 

22.0  

(181.0) 

(2.4) 

24.1  

24.4  

Income (Loss) of  Consolidated Group

(311.6) 

73.1  

(361.6) 

33.3  

49.9  

39.8  

Equity in Income (Loss) of Unconsolidated

        Subsidiaries and Affiliates

        Credit

(1.3) 

.1  

43.8  

37.3  

(1.3) 

.1  

        Other

(7.2) 

(2.1) 

(2.3) 

.5  

.1  

                Total

(8.5) 

(2.0) 

41.5  

37.8  

(1.2) 

.1  

Net Income (Loss)

 $   (320.1) 

  $   71.1 

  $   (320.1) 

  $   71.1  

  $   48.7  

  $    39.9  

Per Share:

        Net income (loss) - basic

 $   (1.36) 

 $   .30 

        Net income  (loss) - diluted

 $   (1.36) 

 $   .30 

DEERE & COMPANY STATEMENT OF CONSOLIDATED INCOME YEAR ENDED OCTOBER 31

CONSOLIDATED
(Deere & Company and
Consolidated Subsidiaries)

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

FINANCIAL SERVICES

(In millions of dollars

Year Ended October 31

Year Ended October 31

Year Ended October 31

except per share amounts)

2001

2000

2001

2000

2001

2000

Net Sales and Revenues

Net sales

$   11,077.4  

$  11,168.6  

$  11,077.4   

$   11,168.6  

Finance and interest income

1,445.2  

1,321.3  

95.9  

99.1  

$   1,383.5  

$   1,245.4  

Health care premiums and fees

585.0  

473.7  

603.6   

493.0  

Investment income

11.8  

18.6  

.1  

7.7  

11.7  

10.9  

Other income

173.5  

154.6  

129.3  

101.5  

79.7  

83.9  

            Total

13,292.9  

13,136.8  

11,302.7  

11,376.9  

2,078.5  

1,833.2  

Costs and Expenses

Cost of sales

9,376.4  

8,936.1  

9,391.9  

8,952.2  

Research and development expenses

590.1  

542.1  

590.1  

542.1  

Selling, administrative and general expenses

1,716.8  

1,504.9  

1,295.3  

1,149.4  

424.6  

357.9  

Interest expense

765.7  

676.5  

268.9  

183.1  

530.8  

516.5  

Health care claims and costs

476.0  

380.5  

476.0  

380.5  

Other operating expenses

392.7  

319.2  

82.2  

44.3  

346.2  

306.6  

            Total

13,317.7  

12,359.3  

11,628.4  

10,871.1  

1,777.6  

1,561.5  

Income (Loss) of Consolidated Group

            Before  Income Taxes

(24.8) 

777.5  

(325.7) 

505.8  

300.9  

271.7  

Provision (credit) for income taxes

17.7  

293.8  

(87.9) 

194.7  

105.6  

99.1  

Income (Loss) of Consolidated Group

(42.5) 

483.7  

(237.8) 

311.1  

195.3  

172.6  

Equity in Income (Loss) of Unconsolidated

            Subsidiaries and Affiliates

            Credit

(3.3) 

.6  

176.8  

161.5  

(3.3) 

.6  

            Other

(18.2) 

1.2  

(3.0) 

12.9  

.1  

                        Total

(21.5) 

1.8  

173.8  

174.4  

(3.2) 

.6  

Net Income (Loss)

$   (64.0) 

$   485.5  

$   (64.0) 

$   485.5  

$   192.1  

$   173.2  

Per Share:

            Net income (loss) - basic

$   (.27) 

$   2.07  

            Net income (loss) - diluted

$   (.27) 

$   2.06  

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

(In millions of dollars)

October 31,
2001

October 31,
2000

October 31,
2001

October 31,
2000

October 31,
2001

October 31,
2000

Assets

Cash and cash equivalents

$  1,030.0  

$  291.7  

$  455.4  

$  91.4  

$  574.7  

$  200.3  

Cash equivalents deposited with unconsolidated subsidiaries

1,643.2  

548.3  

        Cash and cash equivalents

1,030.0  

291.7  

2,098.6  

639.7  

574.7  

200.3  

Marketable securities

176.2  

127.4  

176.2  

127.4  

Receivables from unconsolidated

        subsidiaries and affiliates

316.6  

230.9  

271.8  

408.4  

333.0  

140.0  

Trade accounts and notes receivable - net

2,922.5  

3,169.2  

1,050.7  

3,169.2  

2,225.6  

Financing receivables - net

9,198.9  

8,275.7  

49.7  

125.0  

9,149.2  

8,150.7  

Other receivables

388.9  

395.3  

260.8  

266.4  

128.1  

128.9  

Equipment on operating leases - net

1,939.3  

1,954.4  

10.6  

5.9  

1,928.6  

1,948.5  

Inventories

1,505.7  

1,552.9  

1,505.7  

1,552.9  

Property and equipment - net

2,052.3  

1,912.4  

2,012.8  

1,864.6  

39.5  

47.7  

Investments in unconsolidated subsidiaries

        and affiliates

198.4  

190.7  

2,383.8  

1,561.8  

6.6  

10.1  

Intangible assets - net

874.0  

652.2  

873.1  

651.2  

.8  

1.1  

Prepaid pension costs

652.0  

635.3  

652.0  

635.3  

Other assets

420.8  

256.8  

151.4  

117.5  

269.4  

139.3  

Deferred income taxes

883.1  

740.4  

944.3  

736.4  

.3  

3.9  

Deferred charges

104.4  

84.1  

90.6  

78.4  

13.9  

5.7  

                Total

$  22,663.1  

$  20,469.4  

$  12,355.9  

$  11,812.7  

$  14,845.9  

$  10,903.6  

Liabilities and Stockholders' Equity

Short-term borrowings

$  6,198.5  

$  5,758.5  

$  773.4  

$  927.5  

$  5,425.1  

$  4,831.1  

Payables to unconsolidated subsidiaries

        and affiliates

16.6  

32.7  

52.2  

41.4  

1,895.8  

856.9  

Accounts payable and accrued expenses

3,097.1  

2,976.4  

2,676.4  

2,360.8  

774.5  

615.6  

Health care claims and reserves

100.3  

63.4  

100.3  

63.4  

Accrued taxes

44.1  

57.5  

36.5  

45.5  

7.6  

11.9  

Health care claims and reserves

12.9  

74.6  

4.5  

2.5  

69.9  

72.1  

Long-term borrowings

6,560.7  

4,764.3  

2,210.2  

1,717.7  

4,350.5  

3,046.7  

Retirement benefit accruals and other  liabilities

2,640.7  

2,440.1  

2,610.5  

2,415.4  

30.2  

24.8  

        Total liabilities

18,670.9  

16,167.5  

8,363.7  

7,510.8  

12,653.9  

9,522.5  

Stockholders' equity

3,992.2  

4,301.9  

3,992.2  

4,301.9  

2,192.0  

1,381.1  

                Total

$  22,663.1  

$  20,469.4  

$  12,355.9  

$  11,812.7  

$  14,845.9  

$  10,903.6  

DEERE & COMPANY

CONSOLIDATED
(Deere & Company and
Consolidated Subsidiaries)

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

FINANCIAL SERVICES

STATEMENT OF CONSOLIDATED CASH FLOWS

YEAR ENDED OCTOBER 31

Year Ended October 31

Year Ended October 31

Year Ended October 31

(In millions of dollars)

2001

2000

2001

2000

2001

2000

Cash Flows from Operating Activities

Net income (loss)

 $   (64.0) 

 $   485.5  

 $   (64.0) 

 $   485.5  

 $   192.1  

 $   173.2  

Adjustments to reconcile net income (loss) to net

cash provided by operating activities:

    Provision for doubtful receivables

113.0  

75.0  

10.4  

11.2  

102.6  

63.8  

    Provision for depreciation and amortization

718.3 

647.9  

389.5  

359.0  

359.7  

318.5  

    Undistributed earnings of unconsolidated subsidiaries

        and affiliates

19.5 

(1.2) 

(165.1) 

(147.0) 

3.2  

(.6) 

    Provision (credit) for deferred income taxes

(230.3) 

(132.9) 

(229.4) 

(152.3) 

(.9) 

19.5  

    Changes in assets and liabilities:

        Receivables

316.9  

(53.8) 

2,198.0  

(70.6) 

(9.3)  

16.8  

        Inventories

136.5  

(184.0) 

136.5  

(184.0) 

        Accounts payable and accrued expenses

40.7  

540.0  

225.0  

460.8  

169.5  

79.2  

        Other

62.8  

(296.5) 

200.4  

(295.1) 

(104.2) 

(31.1) 

            Net cash provided by operating activities

1,113.4  

1,080.0  

2,701.3  

467.5  

712.7  

639.3  

Cash Flows from Investing Activities

Collections of receivables

6,966.3  

6,655.1  

69.5  

13.6  

7,068.2  

6,641.5  

Proceeds from sales of financing receivables

1,728.0  

978.3  

30.6  

1,728.0  

978.3  

Proceeds from maturities and sales of marketable securities

32.4  

247.8  

202.8  

32.4  

45.0  

Proceeds from sales of equipment on operating leases

391.7  

334.6  

2.1  

1.4  

389.6  

333.2  

Cost of receivables acquired

(9,795.7) 

(9,126.5) 

(2.6) 

(20.1) 

(12,196.9) 

(9,137.0) 

Purchases of marketable securities

(75.7) 

(61.9) 

(75.7) 

(61.9) 

Purchases of property and equipment

(491.0) 

(426.7) 

(485.6) 

(414.1) 

(5.4) 

(12.6) 

Cost of operating leases acquired

(775.2) 

(939.9) 

(9.1) 

(4.7) 

(766.2) 

(935.2) 

Increase in investment in Financial Services

(700.0) 

Acquisitions of businesses, net of cash acquired

(315.2) 

(643.3) 

(308.0) 

(641.8) 

(7.2) 

(1.5) 

Increase in receivables with unconsolidated affiliates

(112.0) 

(135.2) 

(173.9) 

(135.2) 

Other

81.5  

7.4  

66.7  

(5.1) 

5.7  

(4.5) 

        Net cash used for investing activities

(2,364.9) 

(3,110.3) 

(1,367.0) 

(837.4) 

(4,001.4) 

(2,289.9) 

Cash Flows from Financing Activities

Increase (decrease) in short-term borrowings

(506.6) 

1,785.8  

(225.2) 

459.7  

(281.3) 

1,326.1  

Change in intercompany receivables/payables

62.8  

(26.7) 

1,037.0  

457.6  

Proceeds from long-term borrowings

4,818.3  

2,814.0  

558.8  

752.1  

4,259.5  

2,061.8  

Principal payments on long-term borrowings

(2,118.5) 

(2,377.4) 

(73.3) 

(208.7) 

(2,045.2) 

(2,168.7) 

Proceeds from issuance of common stock

17.8  

15.9  

17.8  

15.9  

Repurchases of common stock

(1.3) 

(.6) 

(1.3)