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REVENUE RECOGNITION (Tables)
3 Months Ended
Jan. 30, 2022
REVENUE RECOGNITION  
Schedule of Revenue Recognition

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

Three Months Ended January 30, 2022

Production & Precision Ag

Small Ag & Turf

Construction & Forestry

Financial Services

Total

Primary geographic markets:

 

 

             

 

            

United States

$

1,608

$

1,438

$

1,260

$

573

$

4,879

Canada

139

122

332

 

152

 

745

Western Europe

467

532

358

 

26

 

1,383

Central Europe and CIS

202

126

195

 

11

 

534

Latin America

776

104

228

 

68

 

1,176

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

241

352

219

40

852

Total

$

3,433

$

2,674

$

2,592

$

870

$

9,569

Major product lines:

             

            

Production agriculture

$

3,283

$

3,283

Small agriculture

$

1,932

 

 

1,932

Turf

627

 

 

627

Construction

$

1,175

 

 

1,175

Compact construction

321

321

Roadbuilding

692

 

 

692

Forestry

305

 

 

305

Financial products

12

11

5

$

870

 

898

Other

138

104

94

 

 

336

Total

$

3,433

$

2,674

$

2,592

$

870

$

9,569

Revenue recognized:

             

            

At a point in time

$

3,396

$

2,654

$

2,570

$

24

$

8,644

Over time

37

20

22

846

925

Total

$

3,433

$

2,674

$

2,592

$

870

$

9,569

Three Months Ended January 31, 2021

Production & Precision Ag

Small Ag & Turf

Construction & Forestry

Financial Services

Total

Primary geographic 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

Revenue recognized:

             

             

At a point in time

$

3,105

$

2,535

$

2,500

$

24

$

8,164

Over time

42

16

30

860

948

Total

$

3,147

$

2,551

$

2,530

$

884

$

9,112