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REVENUE RECOGNITION (Tables)
12 Months Ended
Nov. 03, 2019
REVENUE RECOGNITION  
Schedule of Revenue Recognition

The company’s net sales and revenues by primary geographical market, major product line, and timing of revenue recognition in millions of dollars follow:

Agriculture
and Turf

Construction
and Forestry

Financial
Services

Total

2019

Primary geographical markets:

United States

$

12,362

$

6,082

$

2,482

$

20,926

Canada

1,096

1,107

617

2,820

Western Europe

3,866

1,586

87

5,539

Central Europe and CIS

1,423

749

37

2,209

Latin America

2,894

719

272

3,885

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

2,488

1,265

126

3,879

Total

$

24,129

$

11,508

$

3,621

$

39,258

Major product lines:

Large Agriculture

$

11,727

$

11,727

Small Agriculture

8,696

8,696

Turf

2,650

2,650

Construction

$

5,188

5,188

Compact Construction

1,279

1,279

Road Building

3,193

3,193

Forestry

1,403

1,403

Financial Products

100

30

$

3,621

3,751

Other

956

415

1,371

Total

$

24,129

$

11,508

$

3,621

$

39,258

Timing of revenue recognition:

Revenue recognized at a
point in time

$

23,915

$

11,391

$

111

$

35,417

Revenue recognized over time

214

117

3,510

3,841

Total

$

24,129

$

11,508

$

3,621

$

39,258