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LEASES - LESSOR

9 Months Ended

Jul. 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				Nine Months Ended
	July 28		July 30		July 28		July 30
	2024		2023		2024		2023
Sales-type and direct finance lease revenues	$	50	$	41	$	141	$	120
Operating lease revenues		358		332		1,039		974
Variable lease revenues		4				13		11
Total lease revenues	$	412	$	373	$	1,193	$	1,105