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Statements of Consolidated Income (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Apr. 30, 2012
Apr. 30, 2011
Apr. 30, 2012
Apr. 30, 2011
Revenues        
Finance income earned on retail notes $ 176.3 $ 172.0 $ 353.2 $ 346.5
Lease revenues 76.2 71.6 152.6 145.6
Revolving charge account income 60.5 62.1 114.7 119.5
Finance income earned on wholesale receivables 82.0 76.1 152.8 143.2
Operating loan income 0.7 2.3 1.6 4.9
Other income - net 17.6 15.2 33.3 33.9
Total revenues 413.3 399.3 808.2 793.6
Expenses        
Interest expense 125.4 120.5 244.7 252.9
Operating expenses:        
Administrative and operating expenses 88.8 82.1 168.2 155.3
Provision (credit) for credit losses 1.8 3.0 (1.0) 6.8
Fees paid to John Deere 19.3 11.5 31.6 20.6
Depreciation of equipment on operating leases 48.9 46.2 98.7 94.3
Total operating expenses 158.8 142.8 297.5 277.0
Total expenses 284.2 263.3 542.2 529.9
Income of consolidated group before income taxes 129.1 136.0 266.0 263.7
Provision for income taxes 51.1 50.4 95.1 94.7
Income of consolidated group 78.0 85.6 170.9 169.0
Equity in income of unconsolidated affiliates 0.3 0.3 0.8 0.6
Net income 78.3 85.9 171.7 169.6
Less: Net income attributable to noncontrolling interests 0   0  
Net income attributable to the Company $ 78.3 $ 85.9 $ 171.7 $ 169.6