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Statement of Consolidated Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jul. 30, 2017
Jul. 31, 2016
Jul. 30, 2017
Jul. 31, 2016
Revenues        
Finance income earned on retail notes $ 173.1 $ 171.8 $ 514.1 $ 521.4
Revolving charge account income 80.5 73.0 210.9 184.7
Finance income earned on wholesale receivables 95.9 94.0 268.2 271.2
Lease revenues 208.8 189.6 604.2 544.0
Other income - net 13.5 10.2 40.7 31.4
Total revenues 571.8 538.6 1,638.1 1,552.7
Expenses        
Interest expense 130.1 109.8 372.3 305.0
Operating expenses:        
Administrative and operating expenses 87.6 102.1 325.5 347.0
Fees paid to John Deere 20.1 10.3 52.9 35.6
Provision for credit losses 31.0 29.8 59.3 57.4
Depreciation of equipment on operating leases 165.3 145.2 482.2 409.7
Total operating expenses 304.0 287.4 919.9 849.7
Total expenses 434.1 397.2 1,292.2 1,154.7
Income of consolidated group before income taxes 137.7 141.4 345.9 398.0
Provision for income taxes 49.7 51.2 119.9 139.4
Income of consolidated group 88.0 90.2 226.0 258.6
Equity in income of unconsolidated affiliate 0.3 0.2 1.1 1.2
Net income 88.3 90.4 227.1 259.8
Less: Net income (loss) attributable to noncontrolling interests     0.1 (0.1)
Net income attributable to the Company $ 88.3 $ 90.4 $ 227.0 $ 259.9