Notes Receivable from John Deere

3 Months Ended

Jan. 28, 2018

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 up to four years. Interest earned from John Deere was $2.8 million in the first three months of 2018 and none for the same period in 2017.

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

	January 28		October 29		January 29
	2018		2017		2017
Limited Liability Company John Deere Financial	$	104.7	$	102.2
Banco John Deere S.A.		53.4		54.5
Total Notes Receivable from John Deere	$	158.1	$	156.7