OTHER INCOME AND ADMINISTRATIVE AND OPERATING EXPENSES (Tables)

12 Months Ended

Oct. 27, 2024

OTHER INCOME AND ADMINISTRATIVE AND OPERATING EXPENSES

Schedule of major components of other income and administrative and operating expenses

The major components of other income and administrative and operating expenses were as follows:

	2024		2023		2022
Other income
Fees and interest from John Deere	$	59.8	$	47.0	$	28.5
External interest income		85.9		63.1		8.6
Operating lease disposition gains - net		17.3		31.0		66.9
Freestanding credit enhancement recoveries		54.0		17.0		8.5
Other		16.9		18.2		23.2
Total	$	233.9	$	176.3	$	135.7
Administrative and operating expenses
Compensation and benefits	$	277.2	$	273.8	$	252.9
Computer processing and software		62.8		58.3		55.8
Property taxes on leased assets		23.0		23.3		33.0
Foreign currency exchange losses - net		8.8		20.4		25.6
Dealer financing incentives		101.6		129.9		77.3
Other		48.3		63.7		57.0
Total	$	521.7	$	569.4	$	501.6