Worldwide net sales and revenues increased 5 percent to $6.882 billion for the second quarter and were up 5 percent to $11.308 billion for the first six months. Net sales of the equipment operations were $6.266 billion for the quarter and $10.081 billion for six months, compared with $6.029 billion and $9.720 billion for the respective periods last year.

“Advanced product offerings that help John Deere customers be more profitable and productive are supporting our positive financial performance and expanded global market presence,” Robert W. Lane, chairman and chief executive officer said. “At the same time, we are making further progress holding the line on asset levels while effectively serving the needs of customers throughout the world.”

Net sales of the worldwide equipment operations increased four percent for both the quarter and six months. This included positive effects for currency translation and price changes of 4 percent for both the quarter and six months. Equipment net sales in the U.S. and Canada were down three percent for the quarter and down four percent for the year to date. Net sales outside the U.S. and Canada increased by 22 percent for the quarter and 23 percent for six months, including a positive currency-translation effect of seven percent for both periods.

Deere’s equipment divisions reported operating profit of $829 million for the quarter and $1.099 billion for six months, compared with $786 million and $1.047 billion for the periods last year. Higher operating profit for the quarter and six months was primarily the result of improved price realization, partially offset by higher selling and administrative expenses and increased raw material costs. The impact of higher sales volumes from the company’s agricultural-equipment division largely offset lower construction-equipment volumes in both periods.