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REVENUE RECOGNITION (Tables)
9 Months Ended
Aug. 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 August 2, 2020

    

Agriculture
and Turf

    

Construction
and Forestry

    

Financial
Services

    

Total

Primary geographical markets:

             

             

United States

$

2,845

$

1,048

$

632

$

4,525

Canada

295

194

 

146

 

635

Western Europe

1,103

376

 

22

 

1,501

Central Europe and CIS

319

178

 

9

 

506

Latin America

602

124

 

51

 

777

Asia, Africa, Australia, New Zealand, and Middle East

631

318

32

981

Total

$

5,795

$

2,238

$

892

$

8,925

Major product lines:

             

             

Large Agriculture

$

2,893

$

2,893

Small Agriculture

2,021

 

 

2,021

Turf

651

 

 

651

Construction

$

817

 

 

817

Compact Construction

303

303

Roadbuilding

818

 

 

818

Forestry

241

 

 

241

Financial Products

24

5

$

892

 

921

Other

206

54

 

 

260

Total

$

5,795

$

2,238

$

892

$

8,925

Timing of revenue recognition:

             

             

Revenue recognized at a point in time

$

5,739

$

2,210

$

28

$

7,977

Revenue recognized over time

56

28

864

948

Total

$

5,795

$

2,238

$

892

$

8,925

    

Nine Months Ended August 2, 2020

Agriculture
and Turf

Construction
and Forestry

Financial
Services

Total

Primary geographical markets:

United States

$

8,725

$

3,331

$

1,880

$

13,936

Canada

699

532

 

453

 

1,684

Western Europe

2,992

1,073

 

66

 

4,131

Central Europe and CIS

877

477

 

27

 

1,381

Latin America

1,515

418

 

177

 

2,110

Asia, Africa, Australia, New Zealand, and Middle East

1,646

825

96

2,567

Total

$

16,454

$

6,656

$

2,699

$

25,809

Major product lines:

             

             

Large Agriculture

$

8,106

$

8,106

Small Agriculture

5,762

 

 

5,762

Turf

1,925

 

 

1,925

Construction

$

2,535

 

 

2,535

Compact Construction

930

930

Roadbuilding

2,146

 

 

2,146

Forestry

769

 

769

Financial Products

72

18

$

2,699

 

2,789

Other

589

258

 

 

847

Total

$

16,454

$

6,656

$

2,699

$

25,809

Timing of revenue recognition:

             

             

Revenue recognized at a point in time

$

16,294

$

6,576

$

80

$

22,950

Revenue recognized over time

160

80

2,619

2,859

Total

$

16,454

$

6,656

$

2,699

$

25,809

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

Roadbuilding

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

Roadbuilding

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