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Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 30, 2023
Oct. 30, 2022
May 01, 2022
Assets      
Cash and cash equivalents $ 1,493.8 $ 661.8 $ 632.1
Marketable securities 1.2 1.1 1.6
Receivables:      
Total receivables 47,083.5 42,441.6 37,911.2
Allowance for credit losses (133.7) (128.4) (124.5)
Total receivables - net 46,949.8 42,313.2 37,786.7
Other receivables 121.5 91.4 81.2
Receivables from John Deere 188.5 214.8 149.0
Equipment on operating leases - net 4,724.2 4,853.5 4,708.7
Notes receivable from John Deere 545.6 370.7 211.5
Investment in unconsolidated affiliate 26.9 22.6 22.4
Deferred income taxes 25.9 25.5 31.5
Other assets 335.0 314.3 342.8
Total Assets 54,412.4 48,868.9 43,967.5
Short-term external borrowings:      
Commercial paper and other notes payable 6,376.7 2,402.3 1,731.5
Securitization borrowings 5,379.2 5,710.9 4,000.9
Current maturities of long-term external borrowings 5,186.3 5,989.6 6,153.7
Total short-term external borrowings 16,942.2 14,102.8 11,886.1
Notes payable to John Deere 4,810.4 5,225.5 5,276.4
Other payables to John Deere 610.2 1,024.2 599.4
Accounts payable and accrued expenses 1,041.1 957.3 920.1
Deposits held from dealers and merchants 131.7 137.3 126.9
Deferred income taxes 175.0 208.5 216.2
Long-term external borrowings 24,906.8 22,527.8 20,391.3
Total liabilities 48,617.4 44,183.4 39,416.4
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.) 2,292.8 1,482.8 1,482.8
Retained earnings 3,573.5 3,305.9 3,146.3
Accumulated other comprehensive loss (72.5) (104.7) (79.7)
Total Company stockholder's equity 5,793.8 4,684.0 4,549.4
Noncontrolling interests 1.2 1.5 1.7
Total stockholder's equity 5,795.0 4,685.5 4,551.1
Total Liabilities and Stockholder's Equity 54,412.4 48,868.9 43,967.5
Securitized      
Receivables:      
Other assets 115.3 155.2 124.0
Retail notes | Unrestricted      
Receivables:      
Total receivables 23,713.5 22,799.0 22,164.1
Retail notes | Securitized      
Receivables:      
Total receivables $ 5,674.0 $ 5,951.6 $ 4,079.2
Location of liability for pledged asset Securitization borrowings Securitization borrowings Securitization borrowings
Revolving charge accounts      
Receivables:      
Total receivables $ 3,699.4 $ 4,165.8 $ 3,425.0
Allowance for credit losses (19.3) (21.9) (17.4)
Wholesale Receivables      
Receivables:      
Total receivables 12,880.4 8,404.5 7,346.4
Allowance for credit losses (11.2) (11.1) (11.2)
Financing Leases      
Receivables:      
Total receivables $ 1,116.2 $ 1,120.7 $ 896.5