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Statement of Consolidated Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Apr. 29, 2018
Apr. 30, 2017
Apr. 29, 2018
Apr. 30, 2017
Revenues        
Finance income earned on retail notes $ 185.3 $ 169.7 $ 368.9 $ 341.0
Revolving charge account income 74.8 69.2 143.9 130.4
Finance income earned on wholesale receivables 114.6 91.8 209.2 172.3
Lease revenues 223.3 199.4 439.7 395.4
Other income - net 19.5 13.8 41.0 27.2
Total revenues 617.5 543.9 1,202.7 1,066.3
Expenses        
Interest expense 180.3 127.1 334.4 242.2
Operating expenses:        
Administrative and operating expenses 111.2 115.3 214.3 237.9
Fees paid to John Deere 16.8 15.4 33.0 32.8
Provision for credit losses 13.3 24.6 16.1 28.3
Depreciation of equipment on operating leases 170.5 160.7 337.8 316.9
Total operating expenses 311.8 316.0 601.2 615.9
Total expenses 492.1 443.1 935.6 858.1
Income of consolidated group before income taxes 125.4 100.8 267.1 208.2
Provision (credit) for income taxes 6.6 36.6 (250.3) 70.2
Income of consolidated group 118.8 64.2 517.4 138.0
Equity in income of unconsolidated affiliate 0.4 0.3 1.2 0.8
Net income 119.2 64.5 518.6 138.8
Less: Net income attributable to noncontrolling interests       0.1
Net income attributable to the Company $ 119.2 $ 64.5 $ 518.6 $ 138.7