REVENUE RECOGNITION (Tables)

3 Months Ended

Jan. 27, 2019

REVENUE RECOGNITION

Schedule of Revenue Recognition

In the first quarter of 2019, the Company’s revenue by primary geographical market, major product line, and timing of revenue recognition in millions of dollars follow:

	Agriculture and Turf		Construction and Forestry		Financial Services		Total
Primary geographical markets:
United States	$	2,628	$	1,163	$	575	$	4,366
Canada		172		248		157		577
Western Europe		848		337		20		1,205
Central Europe and CIS		148		171		9		328
Latin America		548		150		64		762
Asia, Africa, Australia, New Zealand, and Middle East		453		263		30		746
Total	$	4,797	$	2,332	$	855	$	7,984
Major product lines:
Large Agriculture	$	2,167					$	2,167
Small Agriculture		1,808						1,808
Turf		506						506
Construction			$	1,009				1,009
Compact Construction				265				265
Road Building				598				598
Forestry				352				352
Financial Products		20		6	$	855		881
Other		296		102				398
Total	$	4,797	$	2,332	$	855	$	7,984
Timing of revenue recognition:
Revenue recognized at a point in time	$	4,755	$	2,313			$	7,068
Revenue recognized over time		42		19	$	855		916
Total	$	4,797	$	2,332	$	855	$	7,984