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Statement of Consolidated Income - USD ($)
$ in Millions
3 Months Ended
Jan. 27, 2019
Jan. 28, 2018
Revenues    
Finance income earned on retail notes $ 208.9 $ 183.6
Revolving charge account income 72.1 69.1
Finance income earned on wholesale receivables 116.3 94.6
Lease revenues 239.5 216.4
Other income - net 24.0 21.5
Total revenues 660.8 585.2
Expenses    
Interest expense 226.5 154.1
Operating expenses:    
Administrative and operating expenses 98.2 103.1
Fees paid to John Deere 14.8 16.2
Provision for credit losses 0.8 2.8
Depreciation of equipment on operating leases 175.4 167.3
Total operating expenses 289.2 289.4
Total expenses 515.7 443.5
Income of consolidated group before income taxes 145.1 141.7
Provision (credit) for income taxes 23.9 (256.9)
Income of consolidated group 121.2 398.6
Equity in income of unconsolidated affiliate 0.6 0.8
Net income 121.8 399.4
Less: Net income attributable to noncontrolling interests 0.1  
Net income attributable to the Company $ 121.7 $ 399.4