REVENUE RECOGNITION (Tables)

12 Months Ended

Oct. 29, 2023

REVENUE RECOGNITION

Schedule of Revenue Recognition

Our net sales and revenues by primary geographic market, major product line, and timing of revenue recognition follow:

	PPA		SAT		CF		FS		Total
2023
Primary geographic markets:
United States	$	13,917	$	7,796	$	9,109	$	3,283	$	34,105
Canada		1,738		687		1,221		641		4,287
Western Europe		2,640		2,824		1,725		132		7,321
Central Europe and CIS		1,218		530		353		36		2,137
Latin America		5,608		707		1,429		453		8,197
Asia, Africa, Oceania, and Middle East		2,166		1,679		1,183		176		5,204
Total	$	27,287	$	14,223	$	15,020	$	4,721	$	61,251
Major product lines:
Production agriculture	$	26,450							$	26,450
Small agriculture			$	10,122						10,122
Turf				3,505						3,505
Construction					$	6,842				6,842
Compact construction						2,451				2,451
Roadbuilding						3,794				3,794
Forestry						1,429				1,429
Financial products		219		96		58	$	4,721		5,094
Other		618		500		446				1,564
Total	$	27,287	$	14,223	$	15,020	$	4,721	$	61,251
Revenue recognized:
At a point in time	$	26,969	$	14,092	$	14,915	$	111	$	56,087
Over time		318		131		105		4,610		5,164
Total	$	27,287	$	14,223	$	15,020	$	4,721	$	61,251

	PPA		SAT		CF		FS		Total
2022
Primary geographic markets:
United States	$	10,975	$	7,741	$	7,103	$	2,419	$	28,238
Canada		1,387		676		1,238		601		3,902
Western Europe		2,188		2,478		1,576		102		6,344
Central Europe and CIS		1,207		488		545		49		2,289
Latin America		4,991		578		1,467		303		7,339
Asia, Africa, Oceania, and Middle East		1,570		1,608		1,136		151		4,465
Total	$	22,318	$	13,569	$	13,065	$	3,625	$	52,577
Major product lines:
Production agriculture	$	21,685							$	21,685
Small agriculture			$	10,027						10,027
Turf				3,027						3,027
Construction					$	5,864				5,864
Compact construction						1,667				1,667
Roadbuilding						3,441				3,441
Forestry						1,308				1,308
Financial products		60		52		32	$	3,625		3,769
Other		573		463		753				1,789
Total	$	22,318	$	13,569	$	13,065	$	3,625	$	52,577
Revenue recognized:
At a point in time	$	22,178	$	13,493	$	12,980	$	105	$	48,756
Over time		140		76		85		3,520		3,821
Total	$	22,318	$	13,569	$	13,065	$	3,625	$	52,577

	PPA		SAT		CF		FS		Total
2021
Primary geographic markets:
United States	$	8,223	$	6,505	$	5,697	$	2,389	$	22,814
Canada		853		498		1,047		617		3,015
Western Europe		2,086		2,433		1,807		103		6,429
Central Europe and CIS		1,322		475		828		39		2,664
Latin America		2,916		456		903		247		4,522
Asia, Africa, Oceania, and Middle East		1,417		1,679		1,331		153		4,580
Total	$	16,817	$	12,046	$	11,613	$	3,548	$	44,024
Major product lines:
Production agriculture	$	16,248							$	16,248
Small agriculture			$	8,619						8,619
Turf				2,853						2,853
Construction					$	4,684				4,684
Compact construction						1,489				1,489
Roadbuilding						3,749				3,749
Forestry						1,280				1,280
Financial products		55		46		20	$	3,548		3,669
Other		514		528		391				1,433
Total	$	16,817	$	12,046	$	11,613	$	3,548	$	44,024
Revenue recognized:
At a point in time	$	16,659	$	11,969	$	11,522	$	105	$	40,255
Over time		158		77		91		3,443		3,769
Total	$	16,817	$	12,046	$	11,613	$	3,548	$	44,024

Schedule of Unsatisfied Performance Obligations, Estimated Revenue to be Recognized by Fiscal Year

The total amount of unsatisfied performance obligations for contracts with an original duration greater than one year and the estimated revenue to be recognized by fiscal year at October 29, 2023 follows:

Year	Net Sales and Revenues
2024	$	457
2025		382
2026		268
2027		161
2028		97
Later years		126
Total	$	1,491