REVENUE RECOGNITION (Tables)

6 Months Ended

May 03, 2020

REVENUE RECOGNITION

Schedule of Revenue Recognition

The Company’s revenue by primary geographical market, major product line, and timing of revenue recognition in millions of dollars follow:

	Three Months Ended May 3, 2020
	Agriculture and Turf		Construction and Forestry		Financial Services		Total
Primary geographical markets:
United States	$	3,381	$	1,263	$	604	$	5,248
Canada		266		166		151		583
Western Europe		1,111		358		22		1,491
Central Europe and CIS		338		140		8		486
Latin America		458		135		60		653
Asia, Africa, Australia, New Zealand, and Middle East		511		251		30		792
Total	$	6,065	$	2,313	$	875	$	9,253
Major product lines:
Large Agriculture	$	3,075					$	3,075
Small Agriculture		1,976						1,976
Turf		806						806
Construction			$	877				877
Compact Construction				339				339
Roadbuilding				723				723
Forestry				254				254
Financial Products		21		6	$	875		902
Other		187		114				301
Total	$	6,065	$	2,313	$	875	$	9,253
Timing of revenue recognition:
Revenue recognized at a point in time	$	6,016	$	2,287	$	26	$	8,329
Revenue recognized over time		49		26		849		924
Total	$	6,065	$	2,313	$	875	$	9,253

	Six Months Ended May 3, 2020
	Agriculture and Turf		Construction and Forestry		Financial Services		Total
Primary geographical markets:
United States	$	5,881	$	2,283	$	1,247	$	9,411
Canada		404		338		307		1,049
Western Europe		1,889		697		44		2,630
Central Europe and CIS		558		299		18		875
Latin America		913		294		126		1,333
Asia, Africa, Australia, New Zealand, and Middle East		1,015		507		64		1,586
Total	$	10,660	$	4,418	$	1,806	$	16,884
Major product lines:
Large Agriculture	$	5,214					$	5,214
Small Agriculture		3,741						3,741
Turf		1,274						1,274
Construction			$	1,718				1,718
Compact Construction				627				627
Roadbuilding				1,328				1,328
Forestry				528				528
Financial Products		48		13	$	1,806		1,867
Other		383		204				587
Total	$	10,660	$	4,418	$	1,806	$	16,884
Timing of revenue recognition:
Revenue recognized at a point in time	$	10,556	$	4,366	$	52	$	14,974
Revenue recognized over time		104		52		1,754		1,910
Total	$	10,660	$	4,418	$	1,806	$	16,884

	Three Months Ended April 28, 2019
	Agriculture and Turf		Construction and Forestry		Financial Services		Total
Primary geographical markets:
United States	$	3,912	$	1,738	$	604	$	6,254
Canada		313		265		153		731
Western Europe		1,360		379		21		1,760
Central Europe and CIS		393		155		9		557
Latin America		772		194		69		1,035
Asia, Africa, Australia, New Zealand, and Middle East		647		328		30		1,005
Total	$	7,397	$	3,059	$	886	$	11,342
Major product lines:
Large Agriculture	$	3,494					$	3,494
Small Agriculture		2,632						2,632
Turf		989						989
Construction			$	1,478				1,478
Compact Construction				320				320
Roadbuilding				814				814
Forestry				338				338
Financial Products		25		6	$	886		917
Other		257		103				360
Total	$	7,397	$	3,059	$	886	$	11,342
Timing of revenue recognition:
Revenue recognized at a point in time	$	7,345	$	3,034			$	10,379
Revenue recognized over time		52		25	$	886		963
Total	$	7,397	$	3,059	$	886	$	11,342

	Six Months Ended April 28, 2019
	Agriculture and Turf		Construction and Forestry		Financial Services		Total
Primary geographical markets:
United States	$	6,540	$	2,901	$	1,179	$	10,620
Canada		485		513		310		1,308
Western Europe		2,208		716		41		2,965
Central Europe and CIS		541		326		18		885
Latin America		1,320		344		133		1,797
Asia, Africa, Australia, New Zealand, and Middle East		1,100		591		60		1,751
Total	$	12,194	$	5,391	$	1,741	$	19,326
Major product lines:
Large Agriculture	$	5,661					$	5,661
Small Agriculture		4,441						4,441
Turf		1,495						1,495
Construction			$	2,487				2,487
Compact Construction				584				584
Roadbuilding				1,412				1,412
Forestry				690				690
Financial Products		44		13	$	1,741		1,798
Other		553		205				758
Total	$	12,194	$	5,391	$	1,741	$	19,326
Timing of revenue recognition:
Revenue recognized at a point in time	$	12,100	$	5,347			$	17,447
Revenue recognized over time		94		44	$	1,741		1,879
Total	$	12,194	$	5,391	$	1,741	$	19,326