We look at the division of 534411 by 2 
Let's see how many times 2 fits into 534411.

On to step 1:
2 goes into 5 2 times with a remainder of 1.
The next digit of our result is 2. 
Result so far: 2.0
Deduct 4 from 5 and we're left with 1.
Fetch the next digit (3) from the dividend, attach it to 1 and continue: 13 / 2

Moving on to step 2:
2 can be fit into 13 6 times, resulting in a remainder of 1.
The number 6 becomes the next digit in our result. 
Result so far: 26.0
If we subtract 12 from 13, we get 1.
Bring next digit (4) of the dividend behind the 1 and repeat the process: 14 / 2

Moving on to step 3:
When dividing 14 by 2, we get 7 with a remainder of 0.
Record the quotient 7 as the next digit in the result. 
Result so far: 267.0
Deduct 14 from 14 and we're left with 0.
Grab the next digit (4) from the dividend, add it to 0, then carry on: 4 / 2

Step 4:
2 goes into 4 2 times with a remainder of 0.
The next digit of our result is 2. 
Result so far: 2672.0
If we take 4 away from 4, we end up with 0.
Append the next digit (1) from the dividend to 0 and continue with: 1 / 2

Going ahead to step 5:
2 goes into 1 0 times with a remainder of 1.
Use 0 as the next digit of our solution. 
Result so far: 26720.0
If we take 0 away from 1, we end up with 1.
Fetch the next digit (1) from the dividend, attach it to 1 and continue: 11 / 2

On to step 6:
The number 2 fits into 11 5 times, leaving a remainder of 1.
The next digit of our result is 5. 
Result so far: 267205.0
If we subtract 10 from 11, we get 1.
Since there are no more digits in the dividend, we add a zero to the remainder making it 10, and continue the process.

Step 7:
If we divide 10 by 2, we get 5 and a remainder of 0.
Use 5 as the next digit of our solution. 
Result so far: 267205.5
Subtract 10 from 10 to get 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Let's proceed to step 8:
When dividing 0 by 2, we get 0 with a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 267205.5
If we take 0 away from 0, we end up with 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Advancing to step 9:
2 goes into 0 0 times with a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 267205.5
Subtracting 0 from 0 leaves us with 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

The final outcome is 267205.5, with a leftover of 0.0.