SEGMENT DATA (Tables)

12 Months Ended

Nov. 02, 2025

SEGMENT DATA

Schedule of Segment Reporting Information

Information relating to operations by operating segment follows for the years ended November 2, 2025, October 27, 2024, and October 29, 2023.


		PPA			SAT			CF			FS			Total
2025
External net sales		$	17,311		$	10,224		$	11,382					$	38,917
External finance and interest income			43			45			12		$	5,351			5,451
External other income			211			133			192			470			1,006
Intersegment income			188			30			56			468			742
Total segment net sales and revenues			17,753			10,432			11,642			6,289			46,116
Cost of sales			(11,919)			(7,422)			(8,849)						(28,190)
Interest expense												(2,923)			(2,923)
Other segment items¹			(3,163)			(1,803)			(1,765)			(2,252)			(8,983)
Segment operating profit		$	2,671		$	1,207		$	1,028		$	1,114		$	6,020

2024
External net sales		$	20,834		$	10,969		$	12,956					$	44,759
External finance and interest income			46			42			14		$	5,392			5,494
External other income			329			173			238			390			1,130
Intersegment income			171			31			(2)			711			911
Total segment net sales and revenues			21,380			11,215			13,206			6,493			52,294
Cost of sales			(13,621)			(7,753)			(9,429)						(30,803)
Interest expense												(3,182)			(3,182)
Other segment items¹			(3,245)			(1,835)			(1,768)			(2,422)			(9,270)
Segment operating profit		$	4,514		$	1,627		$	2,009		$	889		$	9,039


		PPA			SAT			CF			FS			Total
2023
External net sales		$	26,790		$	13,980		$	14,795					$	55,565
External finance and interest income			28			35			12		$	4,366			4,441
External other income			302			169			175			355			1,001
Intersegment income			169			41			3			833			1,046
Total segment net sales and revenues			27,289			14,225			14,985			5,554			62,053
Cost of sales			(17,143)			(9,976)			(10,620)						(37,739)
Interest expense												(2,362)			(2,362)
Other segment items¹			(3,150)			(1,777)			(1,670)			(2,397)			(8,994)
Segment operating profit		$	6,996		$	2,472		$	2,695		$	795		$	12,958

¹ Other segment items for PPA, SAT, and CF include selling, administrative and general expenses; advertising; engineering; research and development; certain special items (see Note 4); equity in income (loss) of unconsolidated affiliates; and other miscellaneous operating expenses. Financial Services other segment items include the effect of its selling, administrative and general expenses; foreign exchange gains and losses; equity in income (loss) of unconsolidated affiliates; and other miscellaneous operating expenses.


		2025			2024			2023
Reconciliation of net sales and revenues
Segment net sales and revenues		$	46,116		$	52,294		$	62,053
External other income²			310			333			244
Elimination of intersegment revenues			(742)			(911)			(1,046)
Net sales and revenues		$	45,684		$	51,716		$	61,251

Reconciliation of net income
Segment operating profit		$	6,020		$	9,039		$	12,958
Interest income – excluding FS			420			492			559
Interest expense – excluding FS			(372)			(396)			(411)
Pension and OPEB benefit, excluding service cost component			422			333			286
Corporate other – net³			(233)			(286)			(366)
Income taxes			(1,259)			(2,094)			(2,871)
Net income		$	4,998		$	7,088		$	10,155

² External other income includes corporate investment income, corporate interest income, and other miscellaneous revenue items that are included in “Other income” on the statements of consolidated income.

³ Corporate other - net includes certain foreign exchange gains and losses, certain investment income, and certain corporate administrative and general expenses.


OPERATING SEGMENTS		2025			2024			2023
Depreciation⁴ and amortization expense
PPA		$	654		$	643		$	581
SAT			261			246			241
CF			365			331			301
FS			1,082			1,040			1,016
Intersegment			(133)			(142)			(135)
Total		$	2,229		$	2,118		$	2,004


Total Assets
PPA		$	8,787		$	8,696		$	8,734
SAT			3,987			4,130			4,348
CF			7,792			7,137			7,139
FS			70,021			73,612			70,732
Corporate⁵			15,409			13,745			13,134
Total Assets		$	105,996		$	107,320		$	104,087


Capital additions
PPA		$	716		$	1,025		$	896
SAT			301			327			386
CF			345			352			311
FS			2			3			4
Total		$	1,364		$	1,707		$	1,597

Equity investment in unconsolidated affiliates
PPA		$	11		$	12		$	10
SAT			37			61			87
CF									1
FS			462			49			28
Total		$	510		$	122		$	126

⁴ Depreciation includes depreciation for equipment on operating leases.

⁵ Corporate assets are managed on a consolidated basis, including cash and cash equivalents, retirement benefit net assets, goodwill, and deferred income tax assets.