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Statements of Consolidated Cash Flows - USD ($)
$ in Millions
12 Months Ended
Oct. 30, 2022
Oct. 31, 2021
Nov. 01, 2020
Cash Flows from Operating Activities:      
Net income $ 704.0 $ 710.8 $ 425.1
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision (credit) for credit losses 23.5 (0.9) 89.4
Provision for depreciation and amortization 692.1 756.6 861.6
Credit for deferred income taxes (32.0) (83.3) (175.6)
Impairment charges     30.8
Change in accounts payable and accrued expenses 14.4 (39.5) (25.1)
Change in accrued income taxes payable/receivable (31.9) (11.1) 45.7
Other (164.2) 33.3 198.3
Net cash provided by operating activities 1,205.9 1,365.9 1,450.2
Cash Flows from Investing Activities:      
Cost of receivables acquired (excluding wholesale) (23,941.6) (22,438.0) (19,060.0)
Collections of receivables (excluding wholesale) 19,967.5 18,147.4 16,768.9
Decrease (increase) in wholesale receivables - net (2,737.6) 1,197.1 1,649.1
Cost of equipment on operating leases acquired (2,067.1) (1,845.7) (1,904.9)
Proceeds from sales of equipment on operating leases 1,547.4 1,569.1 1,334.6
Cost of notes receivable acquired from John Deere (351.9) (321.5) (198.1)
Collections of notes receivable from John Deere 367.4 297.5 110.7
Other 9.1 2.4 (35.9)
Net cash used for investing activities (7,206.8) (3,391.7) (1,335.6)
Cash Flows from Financing Activities:      
Increase (decrease) in commercial paper and other notes payable - net 1,716.6 504.9 (1,269.1)
Increase (decrease) in securitization borrowings - net 1,119.7 (60.7) 379.1
Increase in short-term borrowings with John Deere - net 88.6 392.8 3,291.8
Proceeds from issuance of long-term external borrowings 9,255.3 7,418.3 3,561.9
Payments of long-term external borrowings (5,754.4) (5,710.4) (5,719.7)
Dividends paid (370.0) (485.0) (275.0)
Capital investment from John Deere     0.1
Debt issuance costs (38.7) (33.7) (24.8)
Net cash provided by (used for) financing activities 6,017.1 2,026.2 (55.7)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (22.9) 3.0 (0.4)
Net increase (decrease) in cash, cash equivalents, and restricted cash (6.7) 3.4 58.5
Cash, cash equivalents, and restricted cash at beginning of year 772.8 769.4 710.9
Cash, cash equivalents, and restricted cash at end of year 766.1 772.8 769.4
Components of cash, cash equivalents, and restricted cash:      
Cash and cash equivalents 661.8 677.0 674.6
Restricted cash $ 104.3 $ 95.8 $ 94.8
Balance sheet location of restricted cash Other assets Other assets Other assets
Total cash, cash equivalents, and restricted cash $ 766.1 $ 772.8 $ 769.4