Notes Receivable from John Deere

9 Months Ended

Jul. 30, 2017

Notes Receivable from John Deere

Notes Receivable from John Deere

(6)  Notes receivable from John Deere:

The Company makes loans to affiliated companies.  The Company receives interest from John Deere at competitive market interest rates. The lending agreements range in maturity from 2 months to 4 years. Interest earned from John Deere was $.7 million in the third quarter and first nine months of 2017 and none for the same periods in 2016.

The Company had notes receivable from John Deere with the following affiliated companies as follows (in millions of dollars):

	July 30		October 30	July 31
	2017		2016	2016
Limited Liability Company John Deere Financial	$	67.8
Banco John Deere S.A.		62.4
Total notes receivable from John Deere	$	130.2