Notes Receivable from John Deere

12 Months Ended

Oct. 28, 2018

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 mature over the next six years. Interest earned from John Deere was $11.1 million, $3.4 million, and none in 2018, 2017, and 2016, respectively.

The Company had notes receivable from John Deere at October 28, 2018 and October 29, 2017 with the following affiliated companies as follows (in millions of dollars):

	2018		2017
Limited Liability Company John Deere Financial	$	123.5	$	102.2
Banco John Deere S.A.		71.9		54.5
Total Notes Receivable from John Deere	$	195.4	$	156.7