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LEASES - LESSOR

3 Months Ended

Jan. 26, 2025

LEASES - LESSOR

LEASES - LESSOR

(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					​
​	​	January 26		​	January 28		​
​	​	2025		​	2024		​
Sales-type and direct finance lease revenues	​	$	47	​	$	47	​
Operating lease revenues	​	​	362	​	​	339	​
Variable lease revenues	​	​	4	​	​	4	​
Total lease revenues	​	$	413	​	$	390	​

​

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The entire disclosure for lessor leases.

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