XML 13 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Statement of Consolidated Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Apr. 30, 2017
May 01, 2016
Apr. 30, 2017
May 01, 2016
Revenues        
Finance income earned on retail notes $ 169.7 $ 172.5 $ 341.0 $ 349.5
Revolving charge account income 69.2 59.9 130.4 111.7
Finance income earned on wholesale receivables 91.8 94.8 172.3 177.2
Lease revenues 199.4 180.9 395.4 354.4
Other income - net 13.8 18.8 27.2 21.2
Total revenues 543.9 526.9 1,066.3 1,014.0
Expenses        
Interest expense 127.1 105.6 242.2 195.2
Operating expenses:        
Administrative and operating expenses 115.3 143.1 237.9 244.9
Fees paid to John Deere 15.4 13.2 32.8 25.3
Provision for credit losses 24.6 20.2 28.3 27.6
Depreciation of equipment on operating leases 160.7 136.1 316.9 264.5
Total operating expenses 316.0 312.6 615.9 562.3
Total expenses 443.1 418.2 858.1 757.5
Income of consolidated group before income taxes 100.8 108.7 208.2 256.5
Provision for income taxes 36.6 39.3 70.2 88.2
Income of consolidated group 64.2 69.4 138.0 168.3
Equity in income of unconsolidated affiliate 0.3 0.2 0.8 1.0
Net income 64.5 69.6 138.8 169.3
Less: Net income (loss) attributable to noncontrolling interests     0.1 (0.1)
Net income attributable to the Company $ 64.5 $ 69.6 $ 138.7 $ 169.4