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Subsequent Events
12 Months Ended
Oct. 31, 2021
Subsequent Events  
Subsequent Events

Note 25. Subsequent Events

In December 2021, Capital Corporation paid a $40.0 million dividend to JDFS. JDFS, in turn, paid a $40.0 million dividend to Deere & Company.

In November 2021, the Company renewed its outstanding bank conduit facility revolving credit agreement, which reduced the facility capacity from $2,000.0 million to $1,000.0 million. As a result of the facility renewal at a reduced capacity, $511.1 million of outstanding short-term securitization borrowings were repurchased by the Company in November 2021, in addition to the normal monthly liquidations as a result of payments collected on the retail notes.