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Statement of Consolidated Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jul. 29, 2018
Jul. 30, 2017
Jul. 29, 2018
Jul. 30, 2017
Revenues        
Finance income earned on retail notes $ 193.7 $ 173.1 $ 562.6 $ 514.1
Revolving charge account income 91.7 80.5 235.6 210.9
Finance income earned on wholesale receivables 122.8 95.9 332.0 268.2
Lease revenues 231.2 208.8 670.9 604.2
Other income - net 21.7 13.5 62.7 40.7
Total revenues 661.1 571.8 1,863.8 1,638.1
Expenses        
Interest expense 196.1 130.1 530.5 372.3
Operating expenses:        
Administrative and operating expenses 92.4 87.6 306.7 325.5
Fees paid to John Deere 22.0 20.1 55.0 52.9
Provision for credit losses 27.6 31.0 43.7 59.3
Depreciation of equipment on operating leases 173.3 165.3 511.1 482.2
Total operating expenses 315.3 304.0 916.5 919.9
Total expenses 511.4 434.1 1,447.0 1,292.2
Income of consolidated group before income taxes 149.7 137.7 416.8 345.9
Provision (credit) for income taxes 30.0 49.7 (220.3) 119.9
Income of consolidated group 119.7 88.0 637.1 226.0
Equity in income of unconsolidated affiliate 0.4 0.3 1.6 1.1
Net income 120.1 88.3 638.7 227.1
Less: Net income (loss) attributable to noncontrolling interests (0.1)   (0.1) 0.1
Net income attributable to the Company $ 120.2 $ 88.3 $ 638.8 $ 227.0