1、DEERE&COMPANY 2019 ANNUAL REPORTDEERE&COMPANY 2019 ANNUAL REPORTDeere&CompanyOne John Deere Place,Moline,Illinois 61265(309)765-8000 www.JohnDNEW 8-SERIES TRACTOR LINEUP REPRESENTS LEAP FORWARDThe all-new 8RX(shown here)is the industrys first fixed-frame four-track tractor.Its part of the 8-series t
2、ractor lineup that includes the 8R wheel tractors and 8RT two-track tractors.The 8-series features numerous precision ag technology updates that simplify remote monitoring,tractor and field operations,and data transfer.The 8-series eAutoPower transmission earned the sole Gold Medal for innovation in
3、 2019 from DLG(German Agricultural Society)at Agritechnica,the worlds leading trade show for agricultural technology.2(MM)$29,738$37,358$39,258$1,283$1,860$1,515Net Incomeattributable to Deere&Company(MM)201720182019201720182019201720182019$2,159$2,368$3,253Shareholder Value Added(SVA)(MM)3 NET INCO
4、ME*(attributable to Deere&Company)$3.25 BILLION UP 37%$1,283$1,860$1,515Net Incomeattributable to Deere&Company(MM)201720182019201720182019201720182019$2,159$2,368$3,253Shareholder Value Added(SVA)(MM)$29,738$37,358$39,258201720182019NET SALES&REVENUES$39.26 BILLION UP 5%SHAREHOLDER VALUE ADDED*$1.5
5、2 BILLION DOWN 19%Despite unsettled conditions in the agricultural sector,John Deere had a year of solid performance.Net sales and revenues were the highest in company history while net income was second-highest.Construction&Forestry operations had a record year for sales and operating profit.Furthe
6、r,customers responded positively to the companys many new products and adopted precision technologies at a high rate.*SVA,referred to throughout this report,is a non?GAAP financial measure.See page 21 for details.*?et income in 2019 was positively affected by?8 million and in 2018 was negatively aff