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Statements of Consolidated Income (USD $)
In Millions, unless otherwise specified
3 Months Ended
Jan. 31, 2013
Jan. 31, 2012
Revenues    
Finance income earned on retail notes $ 179.8 $ 176.9
Revolving charge account income 50.7 54.2
Finance income earned on wholesale receivables 79.4 70.8
Lease revenues 81.6 76.4
Operating loan income 0.5 0.9
Other income - net 16.1 15.7
Total revenues 408.1 394.9
Expenses    
Interest expense 87.5 119.3
Operating expenses:    
Administrative and operating expenses 88.1 79.5
Fees paid to John Deere 23.1 12.3
Provision (credit) for credit losses 0.7 (2.8)
Depreciation of equipment on operating leases 53.8 49.8
Total operating expenses 165.7 138.8
Total expenses 253.2 258.1
Income of consolidated group before income taxes 154.9 136.8
Provision for income taxes 50.2 44.0
Income of consolidated group 104.7 92.8
Equity in income of unconsolidated affiliate 0.3 0.5
Net income 105.0 93.3
Net income attributable to the Company $ 105.0 $ 93.3