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Statement of Consolidated Income - USD ($)
$ in Millions
3 Months Ended
Jan. 29, 2017
Jan. 31, 2016
Revenues    
Finance income earned on retail notes $ 171.3 $ 177.1
Revolving charge account income 61.2 51.8
Finance income earned on wholesale receivables 80.5 82.4
Lease revenues 196.0 173.5
Other income - net 13.4 2.4
Total revenues 522.4 487.2
Expenses    
Interest expense 115.1 89.6
Operating expenses:    
Administrative and operating expenses 122.6 101.8
Fees paid to John Deere 17.4 12.1
Provision for credit losses 3.7 7.4
Depreciation of equipment on operating leases 156.2 128.4
Total operating expenses 299.9 249.7
Total expenses 415.0 339.3
Income of consolidated group before income taxes 107.4 147.9
Provision for income taxes 33.6 48.9
Income of consolidated group 73.8 99.0
Equity in income of unconsolidated affiliate 0.5 0.8
Net income 74.3 99.8
Less: Net income (loss) attributable to noncontrolling interests 0.1 (0.1)
Net income attributable to the Company $ 74.2 $ 99.9