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Statement of Consolidated Income - USD ($)
$ in Millions
3 Months Ended
Jan. 28, 2018
Jan. 29, 2017
Revenues    
Finance income earned on retail notes $ 183.6 $ 171.3
Revolving charge account income 69.1 61.2
Finance income earned on wholesale receivables 94.6 80.5
Lease revenues 216.4 196.0
Other income - net 21.5 13.4
Total revenues 585.2 522.4
Expenses    
Interest expense 154.1 115.1
Operating expenses:    
Administrative and operating expenses 103.1 122.6
Fees paid to John Deere 16.2 17.4
Provision for credit losses 2.8 3.7
Depreciation of equipment on operating leases 167.3 156.2
Total operating expenses 289.4 299.9
Total expenses 443.5 415.0
Income of consolidated group before income taxes 141.7 107.4
Provision (credit) for income taxes (256.9) 33.6
Income of consolidated group 398.6 73.8
Equity in income of unconsolidated affiliate 0.8 0.5
Net income 399.4 74.3
Less: Net income attributable to noncontrolling interests   0.1
Net income attributable to the Company $ 399.4 $ 74.2