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Consolidated Balance Sheets - USD ($)
$ in Millions
May 01, 2022
Oct. 31, 2021
May 02, 2021
Assets      
Cash and cash equivalents $ 632.1 $ 677.0 $ 667.0
Marketable securities 1.6 2.1 2.0
Receivables:      
Total receivables 37,958.5 36,669.6 35,733.5
Allowance for credit losses (124.5) (129.0) (129.8)
Total receivables - net 37,834.0 36,540.6 35,603.7
Other receivables 81.2 85.1 91.1
Receivables from John Deere 149.0 191.6 299.5
Equipment on operating leases - net 4,708.7 4,947.6 5,008.9
Notes receivable from John Deere 211.5 393.5 301.5
Investment in unconsolidated affiliate 22.4 21.9 21.5
Deferred income taxes 29.6 32.7 31.0
Other assets 342.8 324.5 342.6
Total Assets 44,012.9 43,216.6 42,368.8
Short-term external borrowings:      
Commercial paper and other notes payable 1,731.5 678.9 1,168.9
Securitization borrowings 4,000.9 4,595.2 4,092.5
Current maturities of long-term external borrowings 6,153.7 5,819.1 5,702.9
Total short-term external borrowings 11,886.1 11,093.2 10,964.3
Notes payable to John Deere 5,276.4 5,619.4 5,752.4
Other payables to John Deere 599.4 97.6 81.2
Accounts payable and accrued expenses 817.0 876.0 840.8
Deposits held from dealers and merchants 126.9 131.8 125.8
Deferred income taxes 246.8 265.1 295.7
Long-term external borrowings 20,391.3 20,607.3 19,783.0
Total liabilities 39,343.9 38,690.4 37,843.2
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 3,264.2 3,091.0 3,074.3
Accumulated other comprehensive loss (79.7) (49.4) (33.1)
Total Company stockholder's equity 4,667.3 4,524.4 4,524.0
Noncontrolling interests 1.7 1.8 1.6
Total stockholder's equity 4,669.0 4,526.2 4,525.6
Total Liabilities and Stockholder's Equity 44,012.9 43,216.6 42,368.8
Retail notes | Unrestricted      
Receivables:      
Total receivables 22,211.4 21,343.5 19,146.1
Retail notes | Securitized      
Receivables:      
Total receivables 4,079.2 4,662.4 4,106.3
Revolving charge accounts      
Receivables:      
Total receivables 3,425.0 3,740.1 3,267.9
Allowance for credit losses (17.4) (20.8) (18.9)
Wholesale Receivables      
Receivables:      
Total receivables 7,346.4 5,951.3 8,424.1
Allowance for credit losses (11.2) (11.7) (9.6)
Financing Leases      
Receivables:      
Total receivables $ 896.5 $ 972.3 $ 789.1