XML 36 R21.htm IDEA: XBRL DOCUMENT
v3.22.2.2

LEASES - LESSOR | 9 Months Ended
--- | ---
Jul. 31, 2022
LEASES - LESSOR |
LEASES - LESSOR | (14) Leases - Lessor The Company leases equipment manufactured or sold by the Company and a limited amount of non-John Deere equipment to retail customers through sales-type, direct financing, and operating leases. Sales-type and direct financing leases are reported in Financing receivables - net on the consolidated balance sheets, while operating leases are reported in Equipment on operating leases - net. Lease revenues earned by the Company were as follows in millions of dollars:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Nine Months Ended | ​
​ |  | July 31, 2022 |  | August 1, 2021 |  | July 31, 2022 |  | August 1, 2021 | ​
Sales-type and direct finance lease revenues | ​ | $ | 39 | ​ | $ | 37 | ​ | $ | 113 | ​ | $ | 107 | ​
Operating lease revenues | ​ | ​ | 326 | ​ | ​ | 359 | ​ | ​ | 991 | ​ | ​ | 1,079 | ​
Variable lease revenues | ​ | ​ | 6 | ​ | ​ | 8 | ​ | ​ | 20 | ​ | ​ | 23 | ​
Total lease revenues | ​ | $ | 371 | ​ | $ | 404 | ​ | $ | 1,124 | ​ | $ | 1,209 | ​
​ Variable lease revenues reported above primarily relate to separately invoiced property taxes on leased equipment in certain markets, late fees, and excess use and damage fees. Excess use and damage fees are reported in other income on the statements of consolidated income. Excess use and damage fees were $1 million and $2 million for the third quarter and first nine months ended July 31, 2022, respectively, compared with $2 million and $5 million for the same periods last year, respectively.

X
- Definition The entire disclosure for lessor leases. + References No definition available. + Details
Name: | de_LessorLeasesTextBlock
Namespace Prefix: | de_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LessorDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration