Schedule of Financing Receivable Installments

Financing receivable installments, including unearned finance income, at November 1, 2020 and November 3, 2019 were scheduled as follows in millions of dollars:


	2020				2019
	Unrestricted/Securitized				Unrestricted/Securitized
Due in months:
0 – 12	$	14,983	$	1,971	$	16,174	$	2,067
13 – 24		6,180		1,354		5,639		1,214
25 – 36		4,556		889		4,133		777
37 – 48		3,145		460		2,759		369
49 – 60		1,794		129		1,555		67
Thereafter		624		11		498		2
Total	$	31,282	$	4,814	$	30,758	$	4,496

Analysis of the Allowance for Credit Losses and Investment in Financing Receivables

An analysis of the allowance for credit losses and investment in financing receivables follows in millions of dollars:


			Revolving
	Retail		Charge
	Notes		Accounts		Other		Total
2020
Allowance:
Beginning of year balance	$	89	$	40	$	21	$	150
Provision		69		26		15		110
Write-offs		(57)		(53)		(8)		(118)
Recoveries		15		30		2		47
Translation adjustments		(7)				2		(5)
End of year balance*	$	109	$	43	$	32	$	184

Financing receivables:
End of year balance	$	25,059	$	3,902	$	5,676	$	34,637

Balance individually evaluated	$	137	$	1	$	117	$	255


2019
Allowance:
Beginning of year balance	$	113	$	43	$	22	$	178
Provision (credit)		(2)		29		8		35
Write-offs		(40)		(58)		(7)		(105)
Recoveries		22		26		1		49
Translation adjustments		(4)				(3)		(7)
End of year balance*	$	89	$	40	$	21	$	150

Financing receivables:
End of year balance	$	23,100	$	3,943	$	6,685	$	33,728

Balance individually evaluated	$	156			$	13	$	169


2018
Allowance:
Beginning of year balance	$	121	$	40	$	26	$	187
Provision		14		38		2		54
Write-offs		(33)		(55)		(6)		(94)
Recoveries		17		20		1		38
Translation adjustments		(6)				(1)		(7)
End of year balance*	$	113	$	43	$	22	$	178

Financing receivables:
End of year balance	$	21,624	$	3,862	$	5,768	$	31,254

Balance individually evaluated	$	122	$	2	$	12	$	136

* Individual allowances were not significant.

Schedule of Other Receivables

Other receivables at November 1, 2020 and November 3, 2019 consisted of the following in millions of dollars:


	2020		2019
Taxes receivable	$	931	$	1,231
Other		289		256
Other receivables	$	1,220	$	1,487

Accounts, Notes, Loans and Financing Receivable

Schedule of Allowance for Credit Losses on Trade Accounts and Notes Receivable

The allowance for credit losses on trade accounts and notes receivable at November 1, 2020, November 3, 2019, and October 28, 2018, as well as the related activity, in millions of dollars follow:


	2020		2019		2018
Beginning of year balance	$	72	$	70	$	56
Provision				8		36
Write-offs		(23)		(14)		(16)
Recoveries		1		4
Translation adjustments		(11)		4		(6)
End of year balance	$	39	$	72	$	70

Accounts, Notes, Loans and Financing Receivable

Schedule of Trade Accounts and Notes Receivable, Financing Receivables, and Financing Receivables Related to the Sale of Equipment

Financing receivables at November 1, 2020 and November 3, 2019 related to the company’s sales of equipment that were included in the table above consisted of the following in millions of dollars:


	2020				2019
	Unrestricted/Securitized				Unrestricted/Securitized
Retail notes*:
Agriculture and turf	$	1,971			$	2,164
Construction and forestry		335	$	27		374	$	45
Total		2,306		27		2,538		45
Wholesale notes		3,547				4,645
Sales-type leases		1,045				1,064
Total		6,898		27		8,247		45
Less:
Unearned finance income:
Retail notes		178				242
Wholesale notes		18				11
Sales-type leases		82				83
Total		278				336
Financing receivables related to the company’s sales of equipment	$	6,620	$	27	$	7,911	$	45

* These retail notes generally arise from sales of equipment by company-owned dealers or through direct sales.