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Statement of Consolidated Cash Flows - USD ($)
$ in Millions
12 Months Ended
Nov. 01, 2020
Nov. 03, 2019
Oct. 28, 2018
Cash Flows from Operating Activities:      
Net income $ 425.1 $ 419.3 $ 799.0
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses 89.4 45.4 47.2
Provision for depreciation and amortization 861.6 765.1 709.7
Provision (credit) for deferred income taxes (175.6) (286.5) 3.7
Impairment charges 30.8 77.4  
Undistributed earnings of unconsolidated affiliate (2.0) (1.6) (1.8)
Change in accounts payable and accrued expenses (25.1) 85.9 63.7
Change in accrued income taxes payable/receivable 45.7 444.0 (496.3)
Other 200.3 211.1 63.8
Net cash provided by operating activities 1,450.2 1,760.1 1,189.0
Cash Flows from Investing Activities:      
Cost of receivables acquired (excluding wholesale) (19,060.0) (17,714.8) (16,435.7)
Collections of receivables (excluding wholesale) 16,768.9 16,097.1 15,085.2
Decrease (increase) in wholesale receivables - net 1,649.1 (758.8) (1,132.1)
Cost of equipment on operating leases acquired (1,904.9) (2,466.9) (2,204.8)
Proceeds from sales of equipment on operating leases 1,334.6 1,213.6 1,086.3
Cost of notes receivable acquired from John Deere (198.1) (126.6) (58.3)
Collections of notes receivable from John Deere 110.7 36.5 8.5
Purchases of marketable securities   (11.0)  
Proceeds from maturities and sales of marketable securities   5.1  
Other (35.9) (52.6) (35.1)
Net cash used for investing activities (1,335.6) (3,778.4) (3,686.0)
Cash Flows from Financing Activities:      
Increase (decrease) in commercial paper and other notes payable - net (1,269.1) (658.5) 92.0
Increase (decrease) in securitization borrowings - net 379.1 395.8 (237.0)
Increase in payable to John Deere - net 3,291.8 491.8 832.5
Proceeds from issuance of long-term borrowings 3,561.9 6,743.9 6,818.0
Payments of long-term borrowings (5,719.7) (4,583.3) (5,055.9)
Dividends paid (275.0) (330.0) (375.0)
Capital investment from John Deere 0.1 0.6 0.4
Debt issuance costs (24.8) (31.8) (29.0)
Net cash provided by (used for) financing activities (55.7) 2,028.5 2,046.0
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (0.4) (11.1) (18.6)
Net increase (decrease) in cash, cash equivalents, and restricted cash 58.5 (0.9) (469.6)
Cash, cash equivalents, and restricted cash at beginning of year 710.9 711.8 1,181.4
Cash, cash equivalents, and restricted cash at end of year $ 769.4 $ 710.9 $ 711.8