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 | |
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