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Statement of Consolidated Income - USD ($)
$ in Millions
12 Months Ended
Oct. 28, 2018
Oct. 29, 2017
Oct. 30, 2016
Revenues      
Finance income earned on retail notes $ 765.9 $ 693.6 $ 695.0
Revolving charge account income 330.3 297.2 260.7
Finance income earned on wholesale receivables 447.0 363.8 354.5
Lease revenues 910.2 812.9 740.2
Other income - net 78.8 59.5 43.8
Total revenues 2,532.2 2,227.0 2,094.2
Expenses      
Interest expense 737.2 521.1 422.1
Operating expenses:      
Administrative and operating expenses 402.1 422.5 466.9
Fees paid to John Deere 79.0 66.3 51.7
Provision for credit losses 47.2 70.3 68.8
Depreciation of equipment on operating leases 686.8 648.0 564.5
Total operating expenses 1,215.1 1,207.1 1,151.9
Total expenses 1,952.3 1,728.2 1,574.0
Income of consolidated group before income taxes 579.9 498.8 520.2
Provision (credit) for income taxes (217.2) 171.5 180.3
Income of consolidated group 797.1 327.3 339.9
Equity in income of unconsolidated affiliate 1.9 1.2 1.6
Net income 799.0 328.5 341.5
Less: Net income (loss) attributable to noncontrolling interests (0.2) 0.1 (0.1)
Net income attributable to the Company $ 799.2 $ 328.4 $ 341.6