REVENUE RECOGNITION (Tables)

3 Months Ended

Feb. 02, 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 February 2, 2020
	Agriculture and Turf		Construction and Forestry		Financial Services		Total
Primary geographical markets:
United States	$	2,500	$	1,020	$	643	$	4,163
Canada		138		172		156		466
Western Europe		778		339		22		1,139
Central Europe and CIS		220		159		10		389
Latin America		455		159		66		680
Asia, Africa, Australia, New Zealand, and Middle East		504		256		34		794
Total	$	4,595	$	2,105	$	931	$	7,631
Major product lines:
Large Agriculture	$	2,139					$	2,139
Small Agriculture		1,765						1,765
Turf		468						468
Construction			$	841				841
Compact Construction				288				288
Roadbuilding				605				605
Forestry				274				274
Financial Products		27		7	$	931		965
Other		196		90				286
Total	$	4,595	$	2,105	$	931	$	7,631
Timing of revenue recognition:
Revenue recognized at a point in time	$	4,540	$	2,079	$	26	$	6,645
Revenue recognized over time		55		26		905		986
Total	$	4,595	$	2,105	$	931	$	7,631

	Three Months Ended January 27, 2019
	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
Roadbuilding				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