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Consolidated Statements of Operations (USD $)
In Millions, except Per Share data
3 Months Ended 9 Months Ended
Jul. 31, 2011
Jul. 31, 2010
Jul. 31, 2011
Jul. 31, 2010
Sales and revenues        
Sales of manufactured products, net $ 3,490 $ 3,162 $ 9,481 $ 8,610
Finance revenues 47 59 154 163
Sales and revenues, net 3,537 3,221 9,635 8,773
Cost and expenses        
Costs of products sold 2,930 2,525 7,830 6,976
Restructuring charges (benefit) 56 (9) 80 (23)
Impairment of property and equipment and intangible assets 64 0 64 0
Selling, general and administrative expenses 334 380 [1] 1,006 1,075 [1]
Engineering and product development costs 141 113 407 338
Interest expense 62 58 187 189
Other income, net (18) (7) (39) (48)
Total costs and expenses 3,569 3,060 [1] 9,535 8,507 [1]
Equity in loss of non-consolidated affiliates (22) (13) (55) (32)
Income (loss) before income tax benefit (expense) (54) 148 [1] 45 234 [1]
Income tax benefit (expense) 1,463 (19) 1,458 (17)
Net income 1,409 129 [1] 1,503 217 [1]
Less: Net income attributable to non-controlling interests 9 12 35 38
Net income attributable to Navistar International Corporation $ 1,400 $ 117 [1] $ 1,468 $ 179 [1]
Earnings per share attributable to Navistar International Corporation:        
Basic (in dollars per share) $ 19.10 $ 1.61 [1] $ 20.13 $ 2.49 [1]
Diluted (in dollars per share) $ 18.24 $ 1.56 [1] $ 19.04 $ 2.44 [1]
Weighted average shares outstanding:        
Basic (in shares) 73.3 72.0 73.0 71.6
Diluted (in shares) 76.8 74.3 77.1 73.1
[1] Certain amounts have been revised to reflect a retrospective change in accounting principle. See Note 1, Summary of significant accounting policies.