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Statements of Consolidated Income (USD $)
In Millions, unless otherwise specified
3 Months Ended
Jan. 31, 2012
Jan. 31, 2011
Revenues    
Finance income earned on retail notes $ 176.9 $ 174.5
Lease revenues 76.4 74.0
Revolving charge account income 54.2 57.4
Finance income earned on wholesale receivables 70.8 67.1
Operating loan income 0.9 2.6
Other income - net 15.7 18.7
Total revenues 394.9 394.3
Expenses    
Interest expense 119.3 132.4
Operating expenses:    
Administrative and operating expenses 79.5 73.2
Provision (credit) for credit losses (2.8) 3.8
Fees paid to John Deere 12.3 9.1
Depreciation of equipment on operating leases 49.8 48.1
Total operating expenses 138.8 134.2
Total expenses 258.1 266.6
Income of consolidated group before income taxes 136.8 127.7
Provision for income taxes 44.0 44.2
Income of consolidated group 92.8 83.5
Equity in income of unconsolidated affiliates 0.5 0.3
Net income 93.3 83.8
Less: Net income attributable to noncontrolling interests 0  
Net income attributable to the Company $ 93.3 $ 83.8