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Statements of Consolidated Income (USD $)
In Millions, unless otherwise specified
12 Months Ended
Oct. 31, 2011
Oct. 31, 2010
Oct. 31, 2009
Revenues      
Finance income earned on retail notes $ 699.3 $ 691.7 $ 743.6
Lease revenues 297.2 290.3 312.9
Revolving charge account income 263.8 267.8 242.1
Finance income earned on wholesale receivables 289.3 256.0 297.7
Operating loan income 7.4 10.3 14.0
Crop insurance commissions   74.6 83.3
Other income - net 64.4 91.6 62.6
Total revenues 1,621.4 1,682.3 1,756.2
Expenses      
Interest expense 479.3 533.6 788.5
Operating expenses:      
Administrative and operating expenses 332.8 369.9 333.2
Provision for credit losses 1.9 79.7 177.5
Fees paid to John Deere 43.4 34.1 30.6
Depreciation of equipment on operating leases 192.4 187.1 204.5
Total operating expenses 570.5 670.8 745.8
Total expenses 1,049.8 1,204.4 1,534.3
Income of consolidated group before income taxes 571.6 477.9 221.9
Provision for income taxes 209.2 159.4 73.2
Income of consolidated group 362.4 318.5 148.7
Equity in income of unconsolidated affiliates 1.2 0.9 0.5
Net income 363.6 319.4 149.2
Less: Net income attributable to noncontrolling interest 0    
Net income attributable to the Company $ 363.6 $ 319.4 $ 149.2