Receivables (Tables) - Retail notes

12 Months Ended

Oct. 31, 2021

Receivables

Schedule of Receivables by Market

Retail notes receivable by market at October 31, 2021 and November 1, 2020 were as follows (in millions of dollars):

	2021				2020
	Unrestricted		Securitized		Unrestricted		Securitized
Agriculture and turf – new	$	12,125.8	$	1,713.7	$	10,154.9	$	1,812.1
Agriculture and turf – used		5,992.5		2,326.6		4,385.1		2,321.6
Construction and forestry – new		2,902.1		536.0		2,568.8		535.7
Construction and forestry – used		974.6		165.9		692.1		117.3
Total		21,995.0		4,742.2		17,800.9		4,786.7
Unearned finance income		(651.5)		(79.8)		(642.9)		(97.5)
Retail notes receivable	$	21,343.5	$	4,662.4	$	17,158.0	$	4,689.2

Schedule of Receivable Installments

Gross retail note installments at October 31, 2021 and November 1, 2020 were scheduled to be received as follows (in millions of dollars):

	2021				2020
	Unrestricted		Securitized		Unrestricted		Securitized
Due in:
0-12 months	$	6,448.9	$	1,894.0	$	5,466.8	$	1,950.2
13-24 months		5,361.5		1,322.8		4,397.4		1,347.8
25-36 months		4,400.4		884.4		3,501.9		888.3
37-48 months		3,232.5		478.1		2,502.6		460.0
49-60 months		1,927.4		149.7		1,462.1		129.2
Over 60 months		624.3		13.2		470.1		11.2
Total	$	21,995.0	$	4,742.2	$	17,800.9	$	4,786.7

Schedule of Guidelines Relating to Down Payment Requirements and Contract Terms

	2021				2020
	Unrestricted		Securitized		Unrestricted		Securitized
Due in:
0-12 months	$	6,448.9	$	1,894.0	$	5,466.8	$	1,950.2
13-24 months		5,361.5		1,322.8		4,397.4		1,347.8
25-36 months		4,400.4		884.4		3,501.9		888.3
37-48 months		3,232.5		478.1		2,502.6		460.0
49-60 months		1,927.4		149.7		1,462.1		129.2
Over 60 months		624.3		13.2		470.1		11.2
Total	$	21,995.0	$	4,742.2	$	17,800.9	$	4,786.7