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Statements of Consolidated Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jul. 27, 2025
Jul. 28, 2024
Jul. 27, 2025
Jul. 28, 2024
Revenues        
Finance income earned on retail notes $ 505.9 $ 484.2 $ 1,518.1 $ 1,400.3
Lease revenues 296.3 280.1 870.5 810.3
Revolving charge account income 132.9 129.0 357.1 351.7
Finance income earned on wholesale receivables 249.6 324.1 730.2 904.9
Other income 48.2 66.9 145.8 177.1
Total revenues 1,232.9 1,284.3 3,621.7 3,644.3
Expenses        
Interest expense 614.2 640.0 1,864.8 1,817.2
Operating expenses:        
Depreciation of equipment on operating leases 184.2 173.0 541.4 506.9
Administrative and operating expenses 113.1 133.9 331.5 398.4
Provision for credit losses 71.2 122.4 221.6 222.7
Total operating expenses 405.8 490.4 1,190.5 1,301.6
Total expenses 1,020.0 1,130.4 3,055.3 3,118.8
Income of Consolidated Group before Income Taxes 212.9 153.9 566.4 525.5
Provision for income taxes 55.0 31.9 126.9 105.7
Income of Consolidated Group 157.9 122.0 439.5 419.8
Equity in income of unconsolidated affiliate 1.3 0.7 3.1 3.5
Net Income 159.2 122.7 442.6 423.3
Less: Net income (loss) attributable to noncontrolling interests (0.1) 0.1 0.2 (0.3)
Net Income Attributable to the Company 159.3 122.6 442.4 423.6
Related Party        
Expenses        
Interest expense 20.7 47.8 51.5 133.1
Operating expenses:        
Fees and interest paid to John Deere $ 37.3 $ 61.1 $ 96.0 $ 173.6