LEASES (Tables)

6 Months Ended

Apr. 27, 2025

LEASES

Schedule of Lease Revenues Earned

Lease revenues earned by us were as follows:

	Three Months Ended				Six Months Ended
	April 27		April 28		April 27		April 28
	2025		2024		2025		2024
Sales-type and direct financing lease revenues	$	27.8	$	26.3	$	56.0	$	53.3
Operating lease revenues		256.8		235.7		510.9		469.9
Variable lease revenues		4.8		4.1		8.9		8.1
Total lease revenues	$	289.4	$	266.1	$	575.8	$	531.3

Schedule of Cost of Equipment on Operating Leases by Market

The cost of equipment on operating leases by market was as follows:

	April 27		October 27		April 28
	2025		2024		2024
Agriculture and turf	$	5,792.3	$	5,765.0	$	5,336.2
Construction and forestry		919.0		963.7		997.8
Total		6,711.3		6,728.7		6,334.0
Accumulated depreciation		(1,358.3)		(1,301.0)		(1,266.6)
Equipment on operating leases – net	$	5,353.0	$	5,427.7	$	5,067.4