
Three Months Ended February 1, 2026	PPA		SAT		CF		FS		Total
External net sales	$	3,163	$	2,168	$	2,670			$	8,001
External finance and interest income		12		10		5	$	1,260		1,287
External other income		57		36		48		124		265
Intersegment income		54		9		8		104		175
Total segment net sales and revenues		3,286		2,223		2,731		1,488		9,728
Cost of sales		(2,476)		(1,633)		(2,182)				(6,291)
Interest expense								(664)		(664)
Other segment items*		(671)		(394)		(412)		(523)		(2,000)
Segment operating profit	$	139	$	196	$	137	$	301	$	773

Three Months Ended January 26, 2025	PPA		SAT		CF		FS		Total
External net sales	$	3,067	$	1,748	$	1,994			$	6,809
External finance and interest income		9		9		2	$	1,363		1,383
External other income		56		33		45		107		241
Intersegment income		57		5		2		103		167
Total segment net sales and revenues		3,189		1,795		2,043		1,573		8,600
Cost of sales		(2,164)		(1,297)		(1,584)				(5,045)
Interest expense								(766)		(766)
Other segment items*		(687)		(374)		(394)		(541)		(1,996)
Segment operating profit	$	338	$	124	$	65	$	266	$	793

* Other segment items for PPA, SAT, and CF include selling, administrative and general expenses; advertising; engineering; research and development; equity in income (loss) of unconsolidated affiliates; and other miscellaneous operating expenses. Financial Services other segment items include selling, administrative and general expenses; foreign exchange gains and losses; equity in income (loss) of unconsolidated affiliates; and other miscellaneous operating expenses.

A reconciliation of segment net sales and revenues and segment net income to consolidated net sales and revenues and consolidated net income follows:


	Three Months Ended
	February 1		January 26
	2026		2025
Reconciliation of net sales and revenues
Segment net sales and revenues	$	9,728	$	8,600
External other income*		58		75
Elimination of intersegment revenues		(175)		(167)
Net sales and revenues	$	9,611	$	8,508

Reconciliation of net income
Segment operating profit	$	773	$	793
Interest income – excluding FS		93		90
Interest expense – excluding FS		(93)		(84)
Pension and OPEB benefit, excluding service cost component		130		116
Corporate other – net**		(52)		(21)
Income taxes		(196)		(27)
Net income	$	655	$	867

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

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


	Three Months Ended
	February 1		January 26
	2026		2025
Depreciation* and amortization expense
PPA	$	171	$	166
SAT		75		65
CF		96		88
FS		274		265
Intersegment		(26)		(35)
Total	$	590	$	549

Capital additions
PPA	$	74	$	87
SAT		32		35
CF		48		78
FS
Total	$	154	$	200


	February 1		November 2		January 26
	2026		2025		2025
Total Assets
PPA	$	9,123	$	8,787	$	8,773
SAT		4,335		3,987		4,179
CF		8,043		7,792		7,237
FS		67,904		70,021		69,686
Corporate*		14,031		15,409		13,244
Total Assets	$	103,436	$	105,996	$	103,119

Equity investment in unconsolidated affiliates
PPA	$	10	$	11	$	12
SAT		38		37		59
CF
FS		450		462		48
Total	$	498	$	510	$	119

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