_______________________________________________________________
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: May 16, 2000
(Date of earliest event reported)
JOHN DEERE CAPITAL CORPORATION
(Exact name of registrant as specified in charter)
DELAWARE
(State or other jurisdiction of incorporation)
1-6458
(Commission File Number)
36-2386361
(IRS Employer Identification No.)
Suite 600
First Interstate Bank Building
1 East First Street
Reno, Nevada 89501
(Address of principal executive offices and zip code)
(702) 786-5527
(Registrant's telephone number, including area code)
_______________________________________
(Former name or former address, if changed since last report.)
_______________________________________________________________
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Item 5. Other Information Events.
John Deere Capital Corporation's (JDCC's) net income was
$32.4 million for the second quarter and $68.5 million for the
first six months of 2000, compared with $36.5 million and $73.9
million, respectively, last year. The decreases were primarily
due to lower gains from the sale of retail notes and higher
operating expenses, partially offset by higher income on a
larger average receivable and lease portfolio.
Net receivables and leases financed by JDCC were $7.848
billion at April 30, 2000, compared with $7.690 billion one
year ago. The increase resulted from acquisitions exceeding
collections during the last twelve months. This was partially
offset by sales of retail notes during the same period. Net
receivables and leases administered, which include receivables
previously sold, totaled $9.596 billion at April 30, 2000,
compared with $9.085 billion at April 30, 1999.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits.
(c) Exhibits
(99) Press release and additional
information of Deere & Company.
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Signature
Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned hereto duly authorized.
JOHN DEERE CAPITAL CORPORATION
By: /s/ Michael A. Harring
________________________
Michael A. Harring,
Secretary
Dated: May 16, 2000
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Exhibit Index
Number and Description of Exhibit
(99) Press release and additional information of
Deere & Company (Incorporated by reference
to Deere & Company Current Report on Form 8-K
dated May 16, 2000, file number 1-4121).
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