XML 15 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Balance Sheets - USD ($)
$ in Millions
Oct. 30, 2022
Oct. 31, 2021
Assets    
Cash and cash equivalents $ 661.8 $ 677.0
Marketable securities 1.1 2.1
Receivables:    
Total receivables 42,502.9 36,669.6
Allowance for credit losses (128.4) (129.0)
Total receivables - net 42,374.5 36,540.6
Other receivables 91.4 85.1
Receivables from John Deere 214.8 191.6
Equipment on operating leases - net 4,853.5 4,947.6
Notes receivable from John Deere 370.7 393.5
Investment in unconsolidated affiliate 22.6 21.9
Deferred income taxes 23.3 32.7
Other assets 314.3 324.5
Total Assets 48,928.0 43,216.6
Short-term external borrowings:    
Commercial paper and other notes payable 2,402.3 678.9
Securitization borrowings 5,710.9 4,595.2
Current maturities of long-term external borrowings 5,989.6 5,819.1
Total short-term external borrowings 14,102.8 11,093.2
Notes payable to John Deere 5,225.5 5,619.4
Other payables to John Deere 1,024.2 97.6
Accounts payable and accrued expenses 866.1 876.0
Deposits held from dealers and merchants 137.3 131.8
Deferred income taxes 239.4 265.1
Long-term external borrowings 22,527.8 20,607.3
Total liabilities 44,123.1 38,690.4
Commitments and contingencies (Note 17)
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
Retained earnings 3,425.3 3,091.0
Accumulated other comprehensive loss (104.7) (49.4)
Total Company stockholder's equity 4,803.4 4,524.4
Noncontrolling interests 1.5 1.8
Total stockholder's equity 4,804.9 4,526.2
Total Liabilities and Stockholder's Equity 48,928.0 43,216.6
Securitized    
Receivables:    
Other assets 155.2 106.6
Retail notes | Unrestricted    
Receivables:    
Total receivables 22,860.3 21,343.5
Retail notes | Securitized    
Receivables:    
Total receivables $ 5,951.6 $ 4,662.4
Location of liability for pledged asset Securitization borrowings Securitization borrowings
Revolving charge accounts    
Receivables:    
Total receivables $ 4,165.8 $ 3,740.1
Allowance for credit losses (21.9) (20.8)
Wholesale Receivables    
Receivables:    
Total receivables 8,404.5 5,951.3
Allowance for credit losses (11.1) (11.7)
Financing Leases    
Receivables:    
Total receivables $ 1,120.7 $ 972.3