v3.26.1
LEASES - LESSOR
6 Months Ended
May 03, 2026
LEASES - LESSOR  
LEASES - LESSOR

(16)  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

May 3 

April 27

May 3 

April 27

2026

2025

2026

2025

Sales-type and direct finance lease revenues

$

43

$

44

$

88

$

90

Operating lease revenues

374

356

748

717

Variable lease revenues

6

5

11

10

Total lease revenues

$

423

$

405

$

847

$

817