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 on October 31 follows Useful Lives Property and Equipment ($ millions) (Years) 2015 2014 Weighted averages Land $114 $120 Buildings and building equipment 23 2,572 3,037 Machinery and equipment 11 4,611 5,089 Dies, patterns, tools, etc 8 1,567 1,552 All other 5 875 889 Construction in progress 345 530 Total at cost 10,084 11,217 Less accumulated depreciation 5,846 5,694 Total $4,238 $5,523 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 $637 million, respectively a Compute the average useful life of Deeres depreciable assets at year end 2015 Round answer to one decimal place b Estimate the percent used up of Deeres depreciable assets at year end 2015 Round answer to one decimal place (ex 0 2345 23 5 ) Estimating Useful Life and Percent Used Up The property and equipment footnote from the Deere Company Equipment and Operations segment follows Property and Depreciation A summary of property and equipment at October 31 follows Useful Lives Property and Equipment ($ millions) (Years) 2015 2014 Land $114 $120 Buildings and building equipment 23 2,572 3,037 Machinery and equipment 11 4,611 5,089 Dies, patterns, tools, etc 1,567 1,552 All other 5 889 8 875 345 530 Construction in progress Total at cost Less accumulated depreciation 10,084 11,217 5,846 5,694 $4,238 $5,523 Total Weighted averages 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 a Compute the average useful life of Deere's depreciable assets at year end 2015 Round answer to one decimal place X years b Estimate the percent used up of Deere's depreciable assets at year end 2015 Round answer to one decimal place (ex 0 2345 23 5 ) X

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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 on October 31 follows.

	Useful Lives*
Property and Equipment ($ millions)	(Years)	2015	2014
*Weighted averages
Land		$114	$120
Buildings and building equipment	23	2,572	3,037
Machinery and equipment	11	4,611	5,089
Dies, patterns, tools, etc	8	1,567	1,552
All other	5	875	889
Construction in progress		345	530
Total at cost		10,084	11,217
Less accumulated depreciation		5,846	5,694
Total		$4,238	$5,523

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

Round answer to one decimal place.

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%)

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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 A summary of property and equipment at October 31 follows. Useful Lives* Property and Equipment ($ millions) (Years) 2015 2014 Land $114 $120 Buildings and building equipment 23 2,572 3,037 Machinery and equipment 11 4,611 5,089 Dies, patterns, tools, etc 1,567 1,552 All other 5 889 8 875 345 530 Construction in progress Total at cost Less accumulated depreciation 10,084 11,217 5,846 5,694 $4,238 $5,523 Total *Weighted averages 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. a. Compute the average useful life of Deere's depreciable assets at year-end 2015. Round answer to one decimal place. X years b. Estimate the percent used up of Deere's depreciable assets at year-end 2015. Round answer to one decimal place (ex: 0.2345 = 23.5%) X %