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LEASES - LESSOR

6 Months Ended

Apr. 28, 2024

(15) Leases - Lessor

We lease equipment manufactured or sold by us through John Deere Financial. Sales-type and direct financing leases are reported in “Financing receivables – net.” Operating leases are reported in “Equipment on operating leases – net.”

Lease revenues earned by us follow:


	Three Months Ended				Six Months Ended
	April 28		April 30		April 28		April 30
	2024		2023		2024		2023
Sales-type and direct finance lease revenues	$	45	$	37	$	91	$	79
Operating lease revenues		343		321		682		642
Variable lease revenues		4		5		9		11
Total lease revenues	$	392	$	363	$	782	$	732