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Statements of Consolidated Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
May 03, 2026
Apr. 27, 2025
May 03, 2026
Apr. 27, 2025
Revenues        
Finance income earned on retail notes $ 501.6 $ 504.8 $ 1,008.7 $ 1,012.2
Lease revenues 300.0 288.4 597.5 574.2
Revolving charge account income 111.0 107.8 224.4 224.2
Finance income earned on wholesale receivables 210.4 239.6 409.5 480.6
Other income 43.9 49.8 85.7 97.6
Total revenues 1,166.9 1,190.4 2,325.8 2,388.8
Expenses        
Interest expense 537.0 613.3 1,085.4 1,250.6
Operating expenses:        
Depreciation of equipment on operating leases 186.2 178.7 371.1 357.2
Administrative and operating expenses 114.0 109.5 213.9 218.4
Provision for credit losses 80.7 90.0 111.5 150.4
Total operating expenses 431.9 414.9 796.8 784.7
Total expenses 968.9 1,028.2 1,882.2 2,035.3
Income of Consolidated Group before Income Taxes 198.0 162.2 443.6 353.5
Provision for income taxes 48.0 39.0 96.2 71.9
Income of Consolidated Group 150.0 123.2 347.4 281.6
Equity in income of unconsolidated affiliate 1.3 0.9 2.9 1.8
Net Income 151.3 124.1 350.3 283.4
Less: Net income attributable to noncontrolling interests 0.2 0.1 0.4 0.3
Net Income Attributable to the Company 151.1 124.0 349.9 283.1
Related Party        
Expenses        
Interest expense 33.0 20.9 65.4 30.8
Operating expenses:        
Fees and interest paid to John Deere $ 51.0 $ 36.7 $ 100.3 $ 58.7