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Statements of Consolidated Cash Flows - USD ($)
$ in Millions
3 Months Ended
Jan. 30, 2022
Jan. 31, 2021
Cash Flows from Operating Activities:    
Net income $ 189.6 $ 166.7
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision (credit) for credit losses (1.2) (0.6)
Provision for depreciation and amortization 175.1 199.8
Credit for deferred income taxes (5.8) (13.9)
Undistributed earnings of unconsolidated affiliate (1.9) (0.9)
Change in accounts payable and accrued expenses (72.6) (58.6)
Change in accrued income taxes payable/receivable 11.7 (32.7)
Other (26.2) 40.9
Net cash provided by operating activities 268.7 300.7
Cash Flows from Investing Activities:    
Cost of receivables acquired (excluding wholesale) (5,197.5) (5,041.8)
Collections of receivables (excluding wholesale) 6,294.1 5,898.2
Increase in wholesale receivables - net (457.9) (632.5)
Cost of equipment on operating leases acquired (317.4) (305.9)
Proceeds from sales of equipment on operating leases 362.0 356.3
Cost of notes receivable acquired from John Deere (107.1) (33.0)
Collections of notes receivable from John Deere 106.3 91.6
Other (6.5) (5.2)
Net cash provided by investing activities 676.0 327.7
Cash Flows from Financing Activities:    
Increase (decrease) in commercial paper and other notes payable - net (110.3) 126.7
Decrease in securitization borrowings - net (1,122.6) (705.8)
Decrease in short-term borrowings with John Deere - net (181.0) (123.6)
Proceeds from issuance of long-term external borrowings 1,799.3 1,523.1
Payments of long-term external borrowings (1,302.4) (1,367.7)
Dividends paid (40.0) (135.0)
Debt issuance costs (6.1) (9.1)
Net cash used for financing activities (963.1) (691.4)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (5.2) 6.7
Net decrease in cash, cash equivalents, and restricted cash (23.6) (56.3)
Cash, cash equivalents, and restricted cash at beginning of period 772.8 769.4
Cash, cash equivalents, and restricted cash at end of period $ 749.2 $ 713.1