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Statement of Consolidated Income (USD $)
In Millions, unless otherwise specified
3 Months Ended
Jan. 31, 2014
Jan. 31, 2013
Revenues    
Finance income earned on retail notes $ 179.2 $ 179.8
Revolving charge account income 50.0 50.7
Finance income earned on wholesale receivables 86.7 79.4
Lease revenues 98.7 81.6
Operating loan income 0.3 0.5
Other income - net 16.9 16.1
Total revenues 431.8 408.1
Expenses    
Interest expense 74.1 87.5
Operating expenses:    
Administrative and operating expenses 95.2 88.1
Fees paid to John Deere 18.3 23.1
Provision for credit losses 2.3 0.7
Depreciation of equipment on operating leases 67.7 53.8
Total operating expenses 183.5 165.7
Total expenses 257.6 253.2
Income of consolidated group before income taxes 174.2 154.9
Provision for income taxes 38.5 50.2
Income of consolidated group 135.7 104.7
Equity in income of unconsolidated affiliate 0.8 0.3
Net income 136.5 105.0
Net income attributable to the Company $ 136.5 $ 105.0