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Statements of Consolidated Income - USD ($)
$ in Millions
12 Months Ended
Nov. 02, 2025
Oct. 27, 2024
Oct. 29, 2023
Revenues      
Finance income earned on retail notes $ 2,070.4 $ 1,906.9 $ 1,494.7
Lease revenues 1,177.1 1,096.6 997.3
Revolving charge account income 506.1 500.3 417.4
Finance income earned on wholesale receivables 976.6 1,202.5 889.8
Other income 204.9 233.9 176.3
Total revenues 4,935.1 4,940.2 3,975.5
Expenses      
Interest expense 2,450.9 2,489.3 1,671.5
Operating expenses:      
Depreciation of equipment on operating leases 729.5 683.8 659.7
Administrative and operating expenses 458.0 521.7 569.4
Provision for credit losses 256.8 300.9 88.5
Total operating expenses 1,583.7 1,723.5 1,570.2
Total expenses 4,034.6 4,212.8 3,241.7
Income of Consolidated Group before Income Taxes 900.5 727.4 733.8
Provision for income taxes 201.9 150.8 165.9
Income of Consolidated Group 698.6 576.6 567.9
Equity in income of unconsolidated affiliate 4.6 4.7 3.9
Net Income 703.2 581.3 571.8
Less: Net income (loss) attributable to noncontrolling interests 0.3 (0.1) (0.5)
Net Income Attributable to the Company 702.9 581.4 572.3
Related Party      
Expenses      
Interest expense 90.2 163.7 199.9
Operating expenses:      
Fees and interest paid to John Deere $ 139.4 $ 217.1 $ 252.6