XML 31 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Statement of Consolidated Income (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Apr. 30, 2014
Apr. 30, 2013
Apr. 30, 2014
Apr. 30, 2013
Revenues        
Finance income earned on retail notes $ 183.9 $ 178.9 $ 363.1 $ 358.7
Revolving charge account income 55.9 56.2 105.9 106.9
Finance income earned on wholesale receivables 98.8 93.2 185.5 172.6
Lease revenues 100.2 83.9 198.9 165.5
Operating loan income 0.2 0.5 0.5 1.0
Other income - net 15.5 18.6 32.4 34.7
Total revenues 454.5 431.3 886.3 839.4
Expenses        
Interest expense 63.4 95.3 137.5 182.8
Operating expenses:        
Administrative and operating expenses 103.1 97.1 198.3 185.2
Fees paid to John Deere 20.0 13.3 38.3 36.4
Provision for credit losses 4.6 1.1 6.9 1.8
Depreciation of equipment on operating leases 69.0 55.4 136.7 109.2
Total operating expenses 196.7 166.9 380.2 332.6
Total expenses 260.1 262.2 517.7 515.4
Income of consolidated group before income taxes 194.4 169.1 368.6 324.0
Provision for income taxes 70.6 63.7 109.1 113.9
Income of consolidated group 123.8 105.4 259.5 210.1
Equity in income of unconsolidated affiliate 0.5 0.5 1.3 0.8
Net income 124.3 105.9 260.8 210.9
Net income attributable to the Company $ 124.3 $ 105.9 $ 260.8 $ 210.9