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Statements of Consolidated Cash Flows - USD ($)
$ in Millions
12 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Oct. 31, 2021
Cash Flows from Operating Activities:      
Net Income $ 571.8 $ 693.3 $ 687.4
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision (credit) for credit losses 88.5 23.5 (0.9)
Provision for depreciation and amortization 686.0 692.1 756.6
Provision (credit) for deferred income taxes 257.2 (35.3) (89.7)
Change in accounts payable and accrued expenses 191.8 12.0 (17.9)
Change in accrued income taxes payable/receivable (47.4) (31.9) (11.1)
Other (211.7) (147.8) 41.5
Net cash provided by operating activities 1,536.2 1,205.9 1,365.9
Cash Flows from Investing Activities:      
Cost of receivables acquired (excluding wholesale) (25,776.6) (23,941.6) (22,438.0)
Collections of receivables (excluding wholesale) 21,553.4 19,967.5 18,147.4
Decrease (increase) in wholesale receivables - net (4,836.1) (2,737.6) 1,197.1
Cost of equipment on operating leases acquired (2,362.5) (2,067.1) (1,845.7)
Proceeds from sales of equipment on operating leases 1,528.6 1,547.4 1,569.1
Cost of notes receivable acquired from John Deere (397.5) (351.9) (321.5)
Collections of notes receivable from John Deere 122.5 367.4 297.5
Other (9.8) 9.1 2.4
Net cash used for investing activities (10,178.0) (7,206.8) (3,391.7)
Cash Flows from Financing Activities:      
Increase in commercial paper and other notes payable - net (original maturities of three months or less) 2,643.8 1,716.6 504.9
Increase (decrease) in securitization borrowings - net 1,285.1 1,119.7 (60.7)
Increase (decrease) in short-term borrowings with John Deere - net (2,017.0) 88.6 392.8
Proceeds from external borrowings issued (original maturities greater than three months) 13,020.4 9,255.3 7,418.3
Payments of external borrowings (original maturities greater than three months) (6,046.2) (5,754.4) (5,710.4)
Dividends paid (165.0) (370.0) (485.0)
Capital investments from John Deere 810.0    
Debt issuance costs (50.9) (38.7) (33.7)
Net cash provided by financing activities 9,480.2 6,017.1 2,026.2
Effect of Exchange Rate Changes on Cash, Cash Equivalents, and Restricted Cash 8.4 (22.9) 3.0
Net Increase (Decrease) in Cash, Cash Equivalents, and Restricted Cash 846.8 (6.7) 3.4
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 766.1 772.8 769.4
Cash, Cash Equivalents, and Restricted Cash at End of Year 1,612.9 766.1 772.8
Components of Cash, Cash Equivalents, and Restricted Cash:      
Cash and cash equivalents 1,487.5 661.8 677.0
Restricted cash $ 125.4 $ 104.3 $ 95.8
Balance sheet location of restricted cash Other assets Other assets Other assets
Total Cash, Cash Equivalents, and Restricted Cash $ 1,612.9 $ 766.1 $ 772.8