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Notes Receivable from John Deere
12 Months Ended
Oct. 29, 2017
Notes Receivable from John Deere  
Notes Receivable from John Deere

Note 8. 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 up to 4 years. Interest earned from John Deere was $3.4 million in 2017 and none for 2016 and 2015.

The Company had notes receivable from John Deere at October 29, 2017 and October 30, 2016 with the following affiliated companies as follows (in millions of dollars):

 

 

 

 

 

 

 

 

 

 

2017

 

2016

 

Limited Liability Company John Deere Financial

 

$

102.2

 

 

 

 

Banco John Deere S.A.

 

 

54.5

 

 

 

 

Total Notes Receivable from John Deere

 

$

156.7