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CAPITAL INVESTMENTS AND DIVIDENDS
 12 Months Ended
Nov. 02, 2025
CAPITAL INVESTMENTS AND DIVIDENDS  
CAPITAL INVESTMENTS AND DIVIDENDS

NOTE 11. CAPITAL INVESTMENTS AND DIVIDENDS

The following capital investments were received from JDFS and cash dividends were declared and paid to JDFS during 2025, 2024, and 2023:

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2025

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2024

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2023

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Capital investments

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$

810.0

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Dividends

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$

1,055.0

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$

215.0

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​

165.0

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​

In each case, JDFS either received a comparable capital investment or paid a comparable dividend to Deere & Company. The capital investments during 2023 were made to maintain targeted average leverage ratios and were driven by growth in total Receivables and corresponding borrowings.