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Consolidated Balance Sheets - USD ($)
$ in Millions
Jan. 29, 2023
Oct. 30, 2022
Jan. 30, 2022
Assets      
Cash and cash equivalents $ 1,055.0 $ 661.8 $ 664.5
Marketable securities 1.8 1.1 1.8
Receivables:      
Total receivables 42,655.5 42,502.9 35,729.2
Allowance for credit losses (121.7) (128.4) (121.4)
Total receivables - net 42,533.8 42,374.5 35,607.8
Other receivables 108.2 91.4 91.5
Receivables from John Deere 171.2 214.8 156.8
Equipment on operating leases - net 4,693.4 4,853.5 4,745.6
Notes receivable from John Deere 494.4 370.7 371.7
Investment in unconsolidated affiliate 25.8 22.6 22.7
Deferred income taxes 24.4 23.3 30.4
Other assets 298.4 314.3 334.4
Total Assets 49,406.4 48,928.0 42,027.2
Short-term external borrowings:      
Commercial paper and other notes payable 3,637.8 2,402.3 568.6
Securitization borrowings 4,863.9 5,710.9 3,473.8
Current maturities of long-term external borrowings 6,080.1 5,989.6 6,104.0
Total short-term external borrowings 14,581.8 14,102.8 10,146.4
Notes payable to John Deere 4,416.2 5,225.5 5,306.4
Other payables to John Deere 664.2 1,024.2 186.3
Accounts payable and accrued expenses 893.4 866.1 782.8
Deposits held from dealers and merchants 127.8 137.3 126.1
Deferred income taxes 225.5 239.4 260.5
Long-term external borrowings 23,493.4 22,527.8 20,566.5
Total liabilities 44,402.3 44,123.1 37,375.0
Commitments and contingencies (Note 9)
Stockholder's equity:      
Common stock, without par value (issued and outstanding - 2,500 shares owned by John Deere Financial Services, Inc.) 1,482.8 1,482.8 1,482.8
Retained earnings 3,572.4 3,425.3 3,240.6
Accumulated other comprehensive loss (52.4) (104.7) (73.0)
Total Company stockholder's equity 5,002.8 4,803.4 4,650.4
Noncontrolling interests 1.3 1.5 1.8
Total stockholder's equity 5,004.1 4,804.9 4,652.2
Total Liabilities and Stockholder's Equity 49,406.4 48,928.0 42,027.2
Securitized      
Receivables:      
Other assets 97.2 155.2 100.3
Retail notes | Unrestricted      
Receivables:      
Total receivables 23,937.2 22,860.3 22,336.1
Retail notes | Securitized      
Receivables:      
Total receivables $ 5,101.4 $ 5,951.6 $ 3,517.9
Location of liability for pledged asset Securitization borrowings Securitization borrowings Securitization borrowings
Revolving charge accounts      
Receivables:      
Total receivables $ 2,834.0 $ 4,165.8 $ 2,684.8
Allowance for credit losses (16.0) (21.9) (15.2)
Wholesale Receivables      
Receivables:      
Total receivables 9,752.1 8,404.5 6,312.0
Allowance for credit losses (10.9) (11.1) (11.5)
Financing Leases      
Receivables:      
Total receivables $ 1,030.8 $ 1,120.7 $ 878.4