Schedule of Financing Receivable Installments

Financing receivable installments, including unearned finance income, at October 29, 2023 and October 30, 2022 were scheduled as follows:


	2023				2022
	Unrestricted/Securitized				Unrestricted/Securitized
Due in months:
0 – 12	$	22,176	$	2,820	$	17,032	$	2,226
13 – 24		8,646		2,089		7,975		1,667
25 – 36		6,692		1,509		5,987		1,209
37 – 48		4,844		824		4,297		709
49 – 60		2,920		241		2,559		227
Thereafter		942		11		809		9
Total	$	46,220	$	7,494	$	38,659	$	6,047

Financing Receivable Analysis Metrics

Financing receivable analysis metrics follow:


	2023		2022
Percent of the overall financing receivable portfolio:
Past-due amounts		1.02		1.07
Non-performing		.92		.83
Allowance for credit losses		.38		.76
Deposits held as credit enhancements	$	154	$	158

The allowance for credit losses as a percent of the overall financing receivable portfolio follow:


	2023	2022	2021
Deere & Company	.38	.76	.43
Closest comparators*	.90	.93	1.15

* Peer companies from the 6153 and 6159 standard industrial classification (SIC) codes.

Schedule of Other Receivables

Other receivables at the end of 2023 and 2022 consisted of:


	2023		2022
Taxes receivable	$	1,626	$	1,450
Collateral on derivatives		667		709
Receivables from unconsolidated affiliates		3
Other		327		333
Other receivables	$	2,623	$	2,492

Accounts, Notes, Loans and Financing Receivable

Credit Quality Analysis

The credit quality analysis of wholesale receivables by year of origination was as follows:


	October 29, 2023
	2023		2022		2021		2020
Wholesale receivables:
Agriculture and turf
Current	$	631	$	93	$	21	$	4
30+ days past due
Non-performing
Construction and forestry
Current		23		5		20
30+ days past due
Non-performing
Total wholesale receivables	$	654	$	98	$	41	$	4

	October 29, 2023
	2019		Prior Years		Revolving		Total
Wholesale receivables:
Agriculture and turf
Current	$	1	$	160	$	5,175	$	6,085
30+ days past due
Non-performing		1						1
Construction and forestry
Current				76		712		836
30+ days past due
Non-performing
Total wholesale receivables	$	2	$	236	$	5,887	$	6,922


	October 30, 2022
	2022		2021		2020		2019
Wholesale receivables:
Agriculture and turf
Current	$	387	$	64	$	27	$	4
30+ days past due
Non-performing								1
Construction and forestry
Current		7		29		2		1
30+ days past due
Non-performing
Total wholesale receivables	$	394	$	93	$	29	$	6

	October 30, 2022
	2018		Prior Years		Revolving		Total
Wholesale receivables:
Agriculture and turf
Current			$	2	$	2,371	$	2,855
30+ days past due
Non-performing								1
Construction and forestry
Current				1		377		417
30+ days past due
Non-performing
Total wholesale receivables			$	3	$	2,748	$	3,273

Accounts, Notes, Loans and Financing Receivable

Schedule of Allowance for Credit Losses on Trade Accounts and Notes Receivable

The allowance for credit losses on trade accounts and notes receivable at October 29, 2023, October 30, 2022, and October 31, 2021, as well as the related activity, follow:


	2023		2022		2021
Beginning of year balance	$	36	$	41	$	39
ASU No. 2016-13						(2)
Provision		7		1		10
Write-offs		(8)		(5)		(7)
Translation adjustments				(1)		1
End of year balance	$	35	$	36	$	41

Accounts, Notes, Loans and Financing Receivable

Schedule of Trade Accounts and Notes Receivable, Financing Receivables, and Financing Receivables Related to the Sale of Equipment

The balances at the end of 2023 and 2022 were as follows:


	2023		2022
Retail notes*:
Agriculture and turf	$	1,084	$	1,392
Construction and forestry		320		304
Total		1,404		1,696
Wholesale notes		6,947		3,285
Direct financing and sales-type leases*		494		799
Total		8,845		5,780
Less:
Unearned finance income:
Retail notes		137		133
Wholesale notes		25		12
Direct financing and sales-type leases		60		67
Total		222		212
Financing receivables related to our sales of equipment	$	8,623	$	5,568

* These balances arise from sales and direct financing leases of equipment by company-owned dealers or through direct sales.