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Statements of Consolidated Income - USD ($)
$ in Millions
12 Months Ended
Oct. 30, 2022
Oct. 31, 2021
Nov. 01, 2020
Revenues      
Finance income earned on retail notes $ 1,023.3 $ 946.6 $ 941.4
Lease revenues 957.5 1,022.0 1,088.9
Revolving charge account income 300.2 298.1 333.8
Finance income earned on wholesale receivables 342.5 299.8 385.0
Other income 135.7 121.5 58.5
Total revenues 2,759.2 2,688.0 2,807.6
Expenses      
Interest expense 497.3 472.9 743.9
Operating expenses:      
Depreciation of equipment on operating leases 667.7 733.4 845.1
Administrative and operating expenses 440.1 406.0 470.6
Fees and interest paid to John Deere 222.1 168.3 101.6
Provision (credit) for credit losses 23.5 (0.9) 89.4
Total operating expenses 1,353.4 1,306.8 1,506.7
Total expenses 1,850.7 1,779.7 2,250.6
Income of consolidated group before income taxes 908.5 908.3 557.0
Provision for income taxes 209.0 200.5 134.1
Income of consolidated group 699.5 707.8 422.9
Equity in income of unconsolidated affiliate 4.5 3.0 2.2
Net income 704.0 710.8 425.1
Less: Net income (loss) attributable to noncontrolling interests (0.3) 0.2 0.1
Net income attributable to the Company $ 704.3 $ 710.6 $ 425.0