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Consolidated Statements of Operations (USD $)
In Millions, except Share data
3 Months Ended 6 Months Ended
Apr. 30, 2011
Apr. 30, 2010
Apr. 30, 2011
Apr. 30, 2010
Sales and revenues        
Sales of manufactured products, net $ 3,298 $ 2,690 $ 5,991 $ 5,448
Finance revenues 57 53 107 104
Sales and revenues, net 3,355 2,743 6,098 5,552
Cost and expenses        
Costs of products sold 2,701 2,189 4,900 4,451
Restructuring charges (benefit) 2 3 24 (14)
Selling, general and administrative expenses 354 359 [1] 672 695 [1]
Engineering and product development costs 137 116 266 225
Interest expense 62 64 125 131
Other income, net 10 47 21 41
Total costs and expenses 3,246 2,684 [1] 5,966 5,447 [1]
Equity in loss of non-consolidated affiliates 16 13 33 19
Income before income tax benefit (expense) 93 46 [1] 99 86 [1]
Income tax benefit (expense) (5) 10 (5) 2
Net income 88 56 [1] 94 88 [1]
Less: Net income attributable to non-controlling interests 14 13 26 26
Net income attributable to Navistar International Corporation $ 74 $ 43 [1] $ 68 $ 62 [1]
Earnings per share attributable to Navistar International Corporation:        
Basic $ 1.01 $ 0.61 [1] $ 0.93 $ 0.87 [1]
Diluted $ 0.93 $ 0.60 [1] $ 0.87 $ 0.86 [1]
Weighted average shares outstanding:        
Basic 73 71.4 72.8 71.3
Diluted 78.6 72.8 77.3 72.4
[1] <div style="font-family:Times New Roman;font-size:10pt;"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Certain amounts have been revised to reflect a retrospective change in accounting principle. See Note 1, </font><font style="font-family:inherit;font-size:8pt;font-style:italic;">Summary of significant accounting policies</font><font style="font-family:inherit;font-size:8pt;">.</font></div></div>