REVENUE RECOGNITION (Tables)

9 Months Ended

Jul. 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 July 28, 2019	Agriculture and Turf		Construction and Forestry		Financial Services		Total
Primary geographical markets:
United States	$	2,870	$	1,594	$	632	$	5,096
Canada		299		260		148		707
Western Europe		1,154		458		22		1,634
Central Europe and CIS		324		229		10		563
Latin America		708		171		66		945
Asia, Africa, Australia, New Zealand, and Middle East		684		375		32		1,091
Total	$	6,039	$	3,087	$	910	$	10,036
Major product lines:
Large Agriculture	$	2,985					$	2,985
Small Agriculture		2,172						2,172
Turf		704						704
Construction			$	1,319				1,319
Compact Construction				320				320
Road Building				1,008				1,008
Forestry				333				333
Financial Products		25		7	$	910		942
Other		153		100				253
Total	$	6,039	$	3,087	$	910	$	10,036
Timing of revenue recognition:
Revenue recognized at a point in time	$	5,988	$	3,055			$	9,043
Revenue recognized over time		51		32	$	910		993
Total	$	6,039	$	3,087	$	910	$	10,036

Nine Months Ended July 28, 2019	Agriculture and Turf		Construction and Forestry		Financial Services		Total
Primary geographical markets:
United States	$	9,411	$	4,495	$	1,810	$	15,716
Canada		784		773		458		2,015
Western Europe		3,362		1,174		63		4,599
Central Europe and CIS		865		555		28		1,448
Latin America		2,028		515		199		2,742
Asia, Africa, Australia, New Zealand, and Middle East		1,784		966		92		2,842
Total	$	18,234	$	8,478	$	2,650	$	29,362
Major product lines:
Large Agriculture	$	8,647					$	8,647
Small Agriculture		6,613						6,613
Turf		2,199						2,199
Construction			$	3,806				3,806
Compact Construction				904				904
Road Building				2,420				2,420
Forestry				1,023				1,023
Financial Products		69		20	$	2,650		2,739
Other		706		305				1,011
Total	$	18,234	$	8,478	$	2,650	$	29,362
Timing of revenue recognition:
Revenue recognized at a point in time	$	18,088	$	8,402			$	26,490
Revenue recognized over time		146		76	$	2,650		2,872
Total	$	18,234	$	8,478	$	2,650	$	29,362