| Schedule of Revenue Recognition |
In the first quarter of 2019, the Company’s revenue by primary geographical market, major product line, and timing of revenue recognition in millions of dollars follow:
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Agriculture and Turf
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Construction and Forestry
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Financial Services
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Total
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Primary geographical markets:
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United States
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$
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2,628
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$
|
1,163
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$
|
575
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$
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4,366
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Canada
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172
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|
248
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157
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577
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Western Europe
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848
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337
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20
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1,205
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Central Europe and CIS
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148
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171
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9
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328
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Latin America
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548
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150
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64
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762
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Asia, Africa, Australia, New Zealand,
and Middle East
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453
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263
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30
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746
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Total
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$
|
4,797
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$
|
2,332
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|
$
|
855
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|
$
|
7,984
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Major product lines:
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Large Agriculture
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$
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2,167
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$
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2,167
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Small Agriculture
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1,808
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1,808
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Turf
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|
506
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|
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|
|
506
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Construction
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$
|
1,009
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|
1,009
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Compact Construction
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265
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265
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Road Building
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|
598
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|
598
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Forestry
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|
352
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|
352
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Financial Products
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20
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6
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$
|
855
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881
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Other
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296
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|
102
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398
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Total
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$
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4,797
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$
|
2,332
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$
|
855
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$
|
7,984
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Timing of revenue recognition:
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Revenue recognized at a point in time
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$
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4,755
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$
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2,313
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$
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7,068
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Revenue recognized over time
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42
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|
19
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$
|
855
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|
916
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Total
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$
|
4,797
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$
|
2,332
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$
|
855
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$
|
7,984
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