Notes Receivable from John Deere

3 Months Ended

Jan. 27, 2019

Notes Receivable from John Deere

Notes Receivable from John Deere

(6)  Notes Receivable from John Deere

The Company makes loans to affiliated companies. The Company receives interest from John Deere at competitive market interest rates. The lending agreements mature over the next six years. Interest earned from John Deere was $3.6 million in the first three months of 2019, compared with $2.8 million in the first three months of 2018.

The Company had notes receivable from John Deere with the following affiliated companies as follows (in millions of dollars):

	January 27		October 28		January 28
	2019		2018		2018
Limited Liability Company John Deere Financial	$	127.7	$	123.5	$	104.7
Banco John Deere S.A.		71.1		71.9		53.4
Industrias John Deere Argentina S.A.		22.3
Total Notes Receivable from John Deere	$	221.1	$	195.4	$	158.1