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Statement of Consolidated Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Apr. 28, 2019
Apr. 29, 2018
Apr. 28, 2019
Apr. 29, 2018
Revenues        
Finance income earned on retail notes $ 214.6 $ 185.3 $ 423.5 $ 368.9
Revolving charge account income 76.6 74.8 148.7 143.9
Finance income earned on wholesale receivables 142.7 114.6 259.0 209.2
Lease revenues 245.4 223.3 484.9 439.7
Other income 23.7 19.5 47.7 41.0
Total revenues 703.0 617.5 1,363.8 1,202.7
Expenses        
Interest expense 252.0 180.3 478.5 334.4
Operating expenses:        
Administrative and operating expenses 112.5 111.2 210.7 214.3
Fees paid to John Deere 12.0 16.8 26.8 33.0
Provision for credit losses 26.1 13.3 26.9 16.1
Depreciation of equipment on operating leases 180.9 170.5 356.3 337.8
Total operating expenses 331.5 311.8 620.7 601.2
Total expenses 583.5 492.1 1,099.2 935.6
Income of consolidated group before income taxes 119.5 125.4 264.6 267.1
Provision (credit) for income taxes 35.7 6.6 59.6 (250.3)
Income of consolidated group 83.8 118.8 205.0 517.4
Equity in income of unconsolidated affiliate 0.4 0.4 1.0 1.2
Net income 84.2 119.2 206.0 518.6
Less: Net loss attributable to noncontrolling interests (0.1)      
Net income attributable to the Company $ 84.3 $ 119.2 $ 206.0 $ 518.6