OTHER INCOME AND ADMINISTRATIVE AND OPERATING EXPENSES

12 Months Ended

Nov. 02, 2025

OTHER INCOME AND ADMINISTRATIVE AND OPERATING EXPENSES

OTHER INCOME AND ADMINISTRATIVE AND OPERATING EXPENSES

NOTE 15. OTHER INCOME AND ADMINISTRATIVE AND OPERATING EXPENSES

The major components of other income and administrative and operating expenses were as follows:

	2025		2024		2023
Other income
Fees and interest from John Deere	$	30.1	$	59.8	$	47.0
External interest income		108.9		85.9		63.1
Operating lease disposition gains - net		7.5		17.3		31.0
Freestanding credit enhancement recoveries		38.4		54.0		17.0
Other		20.0		16.9		18.2
Total	$	204.9	$	233.9	$	176.3
Administrative and operating expenses
Compensation and benefits	$	237.7	$	277.2	$	273.8
Computer processing and software		54.1		62.8		58.3
Property taxes on leased assets		22.5		23.0		23.3
Foreign currency exchange losses - net		11.8		8.8		20.4
Dealer financing incentives		83.2		101.6		129.9
Other		48.7		48.3		63.7
Total	$	458.0	$	521.7	$	569.4