Estimating Useful Life and Percent Used Up The property and equipment footnote from the Deere Company Equipment and Operations segment follows Property and Depreciation A summary of property and equipment at October 31 follows Useful Lives Property and Equipment ($ millions) (Years) 2015 2014 Weighted averages Land $114 $120 Buildings and building equipment 23 2,794 3,037 Machinery and equipment 11 4,833 5,089 Dies, patterns, tools, etc 8 1,567 1,552 All other 5 875 889 Construction in progress 345 530 Total at cost 10,528 11,217 Less accumulated depreciation 5,846 5,694 Total $4,682 $5,523 a Compute the average useful life of Deeres depreciable assets at year end 2015 Round answer to one decimal place years b Estimate the percent used up of Deeres depreciable assets at year end 2015 Round answer to one decimal place (ex 0 2345 23 5 ) Total property and equipment additions in 2015, 2014 and 2013 were $666 million, $1,016 million and $1,158 million, and depreciation was $692 million, $696 million and $637 million, respectively

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Estimating Useful Life and Percent Used Up The property and equipment footnote from the Deere & Company Equipment and Operations segment follows. Property and Depreciation

Estimating Useful Life and Percent Used Up The property and equipment footnote from the Deere & Company Equipment and Operations segment follows. Property and Depreciation A summary of property and equipment at October 31 follows.

	Useful Lives*
Property and Equipment ($ millions)	(Years)	2015	2014
*Weighted averages
Land		$114	$120
Buildings and building equipment	23	2,794	3,037
Machinery and equipment	11	4,833	5,089
Dies, patterns, tools, etc	8	1,567	1,552
All other	5	875	889
Construction in progress		345	530
Total at cost		10,528	11,217
Less accumulated depreciation		5,846	5,694
Total		$4,682	$5,523

a. Compute the average useful life of Deeres depreciable assets at year-end 2015.

Round answer to one decimal place. ___ years

b. Estimate the percent used up of Deeres depreciable assets at year-end 2015.

Round answer to one decimal place (ex: 0.2345 = 23.5%)

___

Total property and equipment additions in 2015, 2014 and 2013 were $666 million, $1,016 million and $1,158 million, and depreciation was $692 million, $696 million and $637 million, respectively.