A value of v1 indicates this object is considered to be a stable resource. In this case, it is not the deployment. It is a reference to the List type.
items
As the previous line is a List, this declares the list of items the command is showing.
- apiVersion
The dash is a YAML indication of the first item of the list, which declares the apiVersion of the object as apps/v1. This indicates the object is considered stable. Deployments are an operator used in many cases.
kind
This is where the type of object to create is declared, in this case, a deployment.