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Statement of Consolidated Income - USD ($)
$ in Millions
12 Months Ended
Oct. 31, 2021
Nov. 01, 2020
Nov. 03, 2019
Revenues      
Finance income earned on retail notes $ 946.6 $ 941.4 $ 919.3
Lease revenues 1,022.0 1,088.9 1,009.8
Revolving charge account income 298.1 333.8 346.2
Finance income earned on wholesale receivables 299.8 385.0 535.4
Other income 121.5 58.5 79.6
Total revenues 2,688.0 2,807.6 2,890.3
Expenses      
Interest expense 472.9 743.9 987.8
Operating expenses:      
Depreciation of equipment on operating leases 733.4 845.1 743.6
Administrative and operating expenses 406.0 470.6 533.0
Fees paid to John Deere 168.3 101.6 67.5
Provision (credit) for credit losses (0.9) 89.4 45.4
Total operating expenses 1,306.8 1,506.7 1,389.5
Total expenses 1,779.7 2,250.6 2,377.3
Income of consolidated group before income taxes 908.3 557.0 513.0
Provision for income taxes 200.5 134.1 95.5
Income of consolidated group 707.8 422.9 417.5
Equity in income of unconsolidated affiliate 3.0 2.2 1.8
Net income 710.8 425.1 419.3
Less: Net income attributable to noncontrolling interests 0.2 0.1 0.1
Net income attributable to the Company $ 710.6 $ 425.0 $ 419.2