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REVENUE RECOGNITION (Tables)

3 Months Ended

Jan. 31, 2021

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


	Three Months Ended January 31, 2021
	Production & Precision Ag		Small Ag & Turf		Construction & Forestry		Financial Services		Total
Primary geographical markets:
United States	$	1,608	$	1,424	$	1,202	$	598	$	4,832
Canada		112		79		188		154		533
Western Europe		449		486		439		24		1,398
Central Europe and CIS		161		84		178		9		432
Latin America		513		77		170		59		819
Asia, Africa, Australia, New Zealand, and Middle East		304		401		353		40		1,098
Total	$	3,147	$	2,551	$	2,530	$	884	$	9,112

Major product lines:
Production Agriculture	$	3,011							$	3,011
Small Agriculture			$	1,812						1,812
Turf				651						651
Construction					$	887				887
Compact Construction						346				346
Roadbuilding						910				910
Forestry						290				290
Financial Products		16		10		7	$	884		917
Other		120		78		90				288
Total	$	3,147	$	2,551	$	2,530	$	884	$	9,112

Timing of revenue recognition:
Revenue recognized at a point in time	$	3,105	$	2,535	$	2,500	$	24	$	8,164
Revenue recognized over time		42		16		30		860		948
Total	$	3,147	$	2,551	$	2,530	$	884	$	9,112


	Three Months Ended February 2, 2020
	Production & Precision Ag		Small Ag & Turf		Construction & Forestry		Financial Services		Total
Primary geographical markets:
United States	$	1,433	$	1,067	$	1,020	$	643	$	4,163
Canada		75		63		172		156		466
Western Europe		365		413		339		22		1,139
Central Europe and CIS		131		89		159		10		389
Latin America		383		72		159		66		680
Asia, Africa, Australia, New Zealand, and Middle East		189		315		256		34		794
Total	$	2,576	$	2,019	$	2,105	$	931	$	7,631

Major product lines:
Production Agriculture	$	2,425							$	2,425
Small Agriculture			$	1,479						1,479
Turf				468						468
Construction					$	841				841
Compact Construction						288				288
Roadbuilding						605				605
Forestry						274				274
Financial Products		18		9		7	$	931		965
Other		133		63		90				286
Total	$	2,576	$	2,019	$	2,105	$	931	$	7,631

Timing of revenue recognition:
Revenue recognized at a point in time	$	2,536	$	2,004	$	2,079	$	26	$	6,645
Revenue recognized over time		40		15		26		905		986
Total	$	2,576	$	2,019	$	2,105	$	931	$	7,631