XML 17 R4.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Balance Sheet - USD ($)
$ in Millions
May 02, 2021
Nov. 01, 2020
May 03, 2020
Assets      
Cash and cash equivalents $ 667.0 $ 674.6 $ 1,266.3
Marketable securities 2.0 2.2 1.7
Receivables:      
Total receivables 35,733.5 33,557.3 32,941.3
Allowance for credit losses (129.8) (129.1) (139.8)
Total receivables - net 35,603.7 33,428.2 32,801.5
Other receivables 91.1 88.1 101.7
Receivables from John Deere 299.5 583.2 759.8
Equipment on operating leases - net 5,008.9 5,297.8 5,421.6
Notes receivable from John Deere 301.5 350.0 294.6
Investment in unconsolidated affiliate 21.5 19.3 17.1
Deferred income taxes 31.0 27.1 33.8
Other assets 342.6 386.7 423.5
Total Assets 42,368.8 40,857.2 41,121.6
Short-term borrowings:      
Commercial paper and other notes payable 1,168.9 187.5 2,181.4
Securitization borrowings 4,092.5 4,656.2 4,603.5
John Deere 5,752.4 5,249.5 2,550.4
Current maturities of long-term borrowings 5,702.9 5,741.6 5,447.1
Total short-term borrowings 16,716.7 15,834.8 14,782.4
Other payables to John Deere 81.2 30.1 46.8
Accounts payable and accrued expenses 840.8 922.3 877.9
Deposits withheld from dealers and merchants 125.8 114.8 109.0
Deferred income taxes 295.7 345.9 452.9
Long-term borrowings 19,783.0 19,311.1 20,855.4
Total liabilities 37,843.2 36,559.0 37,124.4
Commitments and contingencies (Note 9)
Stockholder's equity:      
Common stock, without par value (issued and outstanding - 2,500 shares owned by John Deere Financial Services, Inc.) 1,482.8 1,482.8 1,482.8
Retained earnings 3,074.3 2,891.6 2,641.7
Accumulated other comprehensive loss (33.1) (77.8) (128.8)
Total Company stockholder's equity 4,524.0 4,296.6 3,995.7
Noncontrolling interests 1.6 1.6 1.5
Total stockholder's equity 4,525.6 4,298.2 3,997.2
Total Liabilities and Stockholder's Equity 42,368.8 40,857.2 41,121.6
Retail notes | Unrestricted      
Receivables:      
Total receivables 19,146.1 17,158.0 14,874.5
Retail notes | Securitized      
Receivables:      
Total receivables 4,106.3 4,689.2 4,664.1
Revolving charge accounts      
Receivables:      
Total receivables 3,267.9 3,827.4 3,388.7
Allowance for credit losses (18.9) (42.3) (42.3)
Wholesale Receivables      
Receivables:      
Total receivables 8,424.1 7,093.3 9,343.4
Allowance for credit losses (9.6) (9.9) (9.1)
Financing Leases      
Receivables:      
Total receivables $ 789.1 $ 789.4 $ 670.6