XML 13 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Statement of Consolidated Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jul. 31, 2016
Jul. 31, 2015
Jul. 31, 2016
Jul. 31, 2015
Revenues        
Finance income earned on retail notes $ 171.8 $ 174.5 $ 521.4 $ 544.6
Revolving charge account income 73.0 66.2 184.7 171.6
Finance income earned on wholesale receivables 94.0 97.5 271.2 287.0
Lease revenues 189.6 149.2 544.0 414.3
Other income - net 10.2 6.0 31.4 27.7
Total revenues 538.6 493.4 1,552.7 1,445.2
Expenses        
Interest expense 109.8 78.8 305.0 231.1
Operating expenses:        
Administrative and operating expenses 102.1 84.4 347.0 266.4
Fees paid to John Deere 10.3 7.8 35.6 39.0
Provision for credit losses 29.8 17.4 57.4 29.5
Depreciation of equipment on operating leases 145.2 107.1 409.7 298.2
Total operating expenses 287.4 216.7 849.7 633.1
Total expenses 397.2 295.5 1,154.7 864.2
Income of consolidated group before income taxes 141.4 197.9 398.0 581.0
Provision for income taxes 51.2 71.1 139.4 205.5
Income of consolidated group 90.2 126.8 258.6 375.5
Equity in income of unconsolidated affiliate 0.2 0.1 1.2 0.9
Net income 90.4 126.9 259.8 376.4
Less: Net loss attributable to noncontrolling interests     (0.1)  
Net income attributable to the Company $ 90.4 $ 126.9 $ 259.9 $ 376.4