SEGMENT DATA (Tables)

12 Months Ended

Nov. 02, 2025

SEGMENT DATA

Schedule of Segment Reporting Information

Information relating to operations by operating segment follows for the years ended November 2, 2025, October 27, 2024, and October 29, 2023.

	PPA		SAT		CF		FS		Total
2025
External net sales	$	17,311	$	10,224	$	11,382			$	38,917
External finance and interest income		43		45		12	$	5,351		5,451
External other income		211		133		192		470		1,006
Intersegment income		188		30		56		468		742
Total segment net sales and revenues		17,753		10,432		11,642		6,289		46,116
Cost of sales		(11,919)		(7,422)		(8,849)				(28,190)
Interest expense								(2,923)		(2,923)
Other segment items1		(3,163)		(1,803)		(1,765)		(2,252)		(8,983)
Segment operating profit	$	2,671	$	1,207	$	1,028	$	1,114	$	6,020
2024
External net sales	$	20,834	$	10,969	$	12,956			$	44,759
External finance and interest income		46		42		14	$	5,392		5,494
External other income		329		173		238		390		1,130
Intersegment income		171		31		(2)		711		911
Total segment net sales and revenues		21,380		11,215		13,206		6,493		52,294
Cost of sales		(13,621)		(7,753)		(9,429)				(30,803)
Interest expense								(3,182)		(3,182)
Other segment items1		(3,245)		(1,835)		(1,768)		(2,422)		(9,270)
Segment operating profit	$	4,514	$	1,627	$	2,009	$	889	$	9,039

	PPA		SAT		CF		FS		Total
2023
External net sales	$	26,790	$	13,980	$	14,795			$	55,565
External finance and interest income		28		35		12	$	4,366		4,441
External other income		302		169		175		355		1,001
Intersegment income		169		41		3		833		1,046
Total segment net sales and revenues		27,289		14,225		14,985		5,554		62,053
Cost of sales		(17,143)		(9,976)		(10,620)				(37,739)
Interest expense								(2,362)		(2,362)
Other segment items1		(3,150)		(1,777)		(1,670)		(2,397)		(8,994)
Segment operating profit	$	6,996	$	2,472	$	2,695	$	795	$	12,958

¹ Other segment items for PPA, SAT, and CF include selling, administrative and general expenses; advertising; engineering; research and development; certain special items (see Note 4); equity in income (loss) of unconsolidated affiliates; and other miscellaneous operating expenses. Financial Services other segment items include the effect of its selling, administrative and general expenses; foreign exchange gains and losses; equity in income (loss) of unconsolidated affiliates; and other miscellaneous operating expenses.

	2025		2024		2023
Reconciliation of net sales and revenues
Segment net sales and revenues	$	46,116	$	52,294	$	62,053
External other income2		310		333		244
Elimination of intersegment revenues		(742)		(911)		(1,046)
Net sales and revenues	$	45,684	$	51,716	$	61,251
Reconciliation of net income
Segment operating profit	$	6,020	$	9,039	$	12,958
Interest income – excluding FS		420		492		559
Interest expense – excluding FS		(372)		(396)		(411)
Pension and OPEB benefit, excluding service cost component		422		333		286
Corporate other – net3		(233)		(286)		(366)
Income taxes		(1,259)		(2,094)		(2,871)
Net income	$	4,998	$	7,088	$	10,155

² External other income includes corporate investment income, corporate interest income, and other miscellaneous revenue items that are included in “Other income” on the statements of consolidated income.

³ Corporate other - net includes certain foreign exchange gains and losses, certain investment income, and certain corporate administrative and general expenses.

OPERATING SEGMENTS	2025		2024		2023
Depreciation4 and amortization expense
PPA	$	654	$	643	$	581
SAT		261		246		241
CF		365		331		301
FS		1,082		1,040		1,016
Intersegment		(133)		(142)		(135)
Total	$	2,229	$	2,118	$	2,004

Total Assets
PPA	$	8,787	$	8,696	$	8,734
SAT		3,987		4,130		4,348
CF		7,792		7,137		7,139
FS		70,021		73,612		70,732
Corporate5		15,409		13,745		13,134
Total Assets	$	105,996	$	107,320	$	104,087

Capital additions
PPA	$	716	$	1,025	$	896
SAT		301		327		386
CF		345		352		311
FS		2		3		4
Total	$	1,364	$	1,707	$	1,597
Equity investment in unconsolidated affiliates
PPA	$	11	$	12	$	10
SAT		37		61		87
CF						1
FS		462		49		28
Total	$	510	$	122	$	126

⁴ Depreciation includes depreciation for equipment on operating leases.

⁵ Corporate assets are managed on a consolidated basis, including cash and cash equivalents, retirement benefit net assets, goodwill, and deferred income tax assets.