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REVENUE RECOGNITION (Tables)
6 Months Ended
Apr. 28, 2019
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 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

 

Road Building

 

 

 

 

 

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

 

Road Building

 

 

 

 

 

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