Why did Deere's other income fluctuate sharply in 2022?

The fluctuating other income of Deere in 2022 can be attributed to several factors: 1. **Strategic Restructuring**: Verde AgriTech Plc, a subsidiary of Deere, announced plans for the first distribution of gains and restructuring. This strategic move likely involved significant financial planning and realignment, which could have led to fluctuations in other income. 2. **Business Segment Performance**: Deere's other income is influenced by the performance of its various business segments. For instance, the Construction & Forestry division's adoption of precision technology and the introduction of electric and hybrid-electric products may have impacted income differently throughout the year. In summary, Deere's other income fluctuated due to a combination of strategic restructuring and business segment performance.