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Condensed consolidating guarantor and non-guarantor financial information (Tables)
 3 Months Ended
Jan. 31, 2012
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Consolidating Statement of Operations
 
 
NIC
 
Navistar,
Inc.
 
Non-Guarantor
Subsidiaries
 
Eliminations
and Other
 
Consolidated
(in millions)
 
 
 
 
 
 
 
 
 
 
Condensed Consolidating Statement of Operations for the Three Months Ended January 31, 2012
 
 
 
 
 
 
 
 
 
 
Sales and revenues, net
 
$
—

 
$
1,962

 
$
2,824

 
$
(1,734
)
 
$
3,052

Costs of products sold
 
—

 
1,994

 
2,424

 
(1,720
)
 
2,698

All other operating expenses (income)
 
26

 
335

 
234

 
(27
)
 
568

Total costs and expenses
 
26

 
2,329

 
2,658

 
(1,747
)
 
3,266

Equity in income (loss) of affiliates
 
(200
)
 
96

 
(8
)
 
105

 
(7
)
Income (loss) before income tax
 
(226
)
 
(271
)
 
158

 
118

 
(221
)
Income tax benefit (expense)
 
73

 
76

 
(34
)
 
(34
)
 
81

Net income (loss)
 
(153
)
 
(195
)
 
124

 
84

 
(140
)
Less: Net income attributable to non-controlling interests
 
—

 
—

 
13

 
—

 
13

Net income (loss) attributable to Navistar International Corporation
 
$
(153
)
 
$
(195
)
 
$
111

 
$
84

 
$
(153
)
 
 
NIC
 
Navistar,
Inc.
 
Non-Guarantor
Subsidiaries
 
Eliminations
and Other
 
Consolidated
(in millions)
 
 
 
 
 
 
 
 
 
 
Condensed Consolidating Statement of Operations for the Three Months Ended January 31, 2011
 
 
 
 
 
 
 
 
 
 
Sales and revenues, net
 
$
—

 
$
1,687

 
$
2,581

 
$
(1,525
)
 
$
2,743

Costs of products sold
 
(17
)
 
1,566

 
2,165

 
(1,515
)
 
2,199

All other operating expenses (income)
 
23

 
274

 
225

 
(23
)
 
499

Total costs and expenses
 
6

 
1,861

 
2,391

 
(1,538
)
 
2,720

Equity in income (loss) of affiliates
 
—

 
122

 
(10
)
 
(129
)
 
(17
)
Income (loss) before income tax
 
(6
)
 
(52
)
 
180

 
(116
)
 
6

Income tax benefit (expense)
 
—

 
6

 
(16
)
 
10

 
—

Net income (loss)
 
(6
)
 
(46
)
 
164

 
(106
)
 
6

Less: Net income attributable to non-controlling interest
 
—

 
—

 
12

 
—

 
12

Net income (loss) attributable to Navistar International Corporation
 
$
(6
)
 
$
(46
)
 
$
152

 
$
(106
)
 
$
(6
)
Condensed Consolidating Balance Sheet
 
 
NIC
 
Navistar,
Inc.
 
Non-Guarantor
Subsidiaries
 
Eliminations
and Other
 
Consolidated
(in millions)
 
 
 
 
 
 
 
 
 
 
Condensed Consolidating Balance Sheet as of January 31, 2012
 
 
 
 
 
 
 
 
 
 
Assets
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
151

 
$
52

 
$
285

 
$
—

 
$
488

Marketable securities
 
181

 
—

 
258

 
—

 
439

Restricted cash and cash equivalents
 
19

 
10

 
126

 
—

 
155

Finance and other receivables, net
 
4

 
158

 
3,440

 
(8
)
 
3,594

Inventories
 
—

 
716

 
1,244

 
(44
)
 
1,916

Investments in non-consolidated affiliates
 
(2,313
)
 
6,004

 
54

 
(3,684
)
 
61

Property and equipment, net
 
—

 
693

 
980

 
(2
)
 
1,671

Goodwill
 
—

 
—

 
312

 
—

 
312

Deferred taxes, net
 
92

 
1,900

 
122

 
—

 
2,114

Other
 
142

 
160

 
455

 
(4
)
 
753

Total Assets
 
$
(1,724
)
 
$
9,693

 
$
7,276

 
$
(3,742
)
 
$
11,503

Liabilities and Stockholders’ Equity (Deficit)
 
 
 
 
 
 
 
 
 
 
Debt
 
$
1,598

 
$
295

 
$
2,873

 
$
(233
)
 
$
4,533

Postretirement benefits liabilities
 
—

 
2,956

 
327

 
—

 
3,283

Amounts due to (from) affiliates
 
(5,795
)
 
9,517

 
(3,799
)
 
77

 
—

Other liabilities
 
2,704

 
(254
)
 
1,523

 
(96
)
 
3,877

Total Liabilities
 
(1,493
)
 
12,514

 
924

 
(252
)
 
11,693

Redeemable equity securities
 
5

 
—

 
—

 
—

 
5

Stockholders’ equity attributable to non-controlling interests
 
—

 
—

 
45

 
(4
)
 
41

Stockholders’ equity (deficit) attributable to Navistar International Corporation
 
(236
)
 
(2,821
)
 
6,307

 
(3,486
)
 
(236
)
Total Liabilities and Stockholders’ Equity (Deficit)
 
$
(1,724
)
 
$
9,693

 
$
7,276

 
$
(3,742
)
 
$
11,503


 
 
NIC
 
Navistar,
Inc.
 
Non-Guarantor
Subsidiaries
 
Eliminations
and Other
 
Consolidated
(in millions)
 
 
 
 
 
 
 
 
 
 
Condensed Consolidating Balance Sheet as of October 31, 2011
 
 
 
 
 
 
 
 
 
 
Assets
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
226

 
$
13

 
$
300

 
$
—

 
$
539

Marketable securities
 
429

 
1

 
288

 
—

 
718

Restricted cash and cash equivalents
 
20

 
9

 
298

 
—

 
327

Finance and other receivables, net
 
3

 
154

 
4,070

 
27

 
4,254

Inventories
 
—

 
650

 
1,113

 
(49
)
 
1,714

Investments in non-consolidated affiliates
 
(2,094
)
 
5,818

 
54

 
(3,718
)
 
60

Property and equipment, net
 
—

 
600

 
972

 
(2
)
 
1,570

Goodwill
 
—

 
—

 
319

 
—

 
319

Deferred taxes, net
 
31

 
1,912

 
114

 
—

 
2,057

Other
 
168

 
152

 
416

 
(3
)
 
733

Total Assets
 
$
(1,217
)
 
$
9,309

 
$
7,944

 
$
(3,745
)
 
$
12,291

Liabilities and Stockholders’ Equity (Deficit)
 
 
 
 
 
 
 
 
 
 
Debt
 
$
1,689

 
$
156

 
$
3,242

 
$
(231
)
 
$
4,856

Postretirement benefits liabilities
 
—

 
2,981

 
335

 
—

 
3,316

Amounts due to (from) affiliates
 
(5,574
)
 
9,055

 
(3,595
)
 
114

 
—

Other liabilities
 
2,690

 
(194
)
 
1,717

 
(122
)
 
4,091

Total Liabilities
 
(1,195
)
 
11,998

 
1,699

 
(239
)
 
12,263

Redeemable equity securities
 
5

 
—

 
—

 
—

 
5

Stockholders’ equity attributable to non-controlling interest
 
—

 
—

 
52

 
(2
)
 
50

Stockholders’ equity (deficit) attributable to Navistar International Corporation
 
(27
)
 
(2,689
)
 
6,193

 
(3,504
)
 
(27
)
Total Liabilities and Stockholders’ Equity (Deficit)
 
$
(1,217
)
 
$
9,309

 
$
7,944

 
$
(3,745
)
 
$
12,291
Condensed Consolidating Statement of Cash Flows
 
 
NIC
 
Navistar,
Inc.
 
Non-Guarantor
Subsidiaries
 
Eliminations
and Other
 
Consolidated
(in millions)
 
 
 
 
 
 
 
 
 
 
Condensed Consolidating Statement of Cash Flows for the Three Months Ended January 31, 2012
 
 
 
 
 
 
 
 
 
 
Net cash provided by (used in) operations
 
$
(269
)
 
$
(68
)
 
$
160

 
$
296

 
$
119

Cash flows from investment activities
 
 
 
 
 
 
 
 
 
 
Net change in restricted cash and cash equivalents
 
—

 
—

 
172

 
—

 
172

Net sales of marketable securities
 
248

 
—

 
31

 
—

 
279

Capital expenditures
 
—

 
(74
)
 
(54
)
 
—

 
(128
)
Other investing activities
 
—

 
(104
)
 
82

 
—

 
(22
)
Net cash provided by (used in) investment activities
 
248

 
(178
)
 
231

 
—

 
301

Cash flows from financing activities
 
 
 
 
 
 
 
 
 
 
Net borrowings (repayments) of debt
 
(77
)
 
285

 
(387
)
 
(205
)
 
(384
)
Other financing activities
 
23

 
—

 
(26
)
 
(91
)
 
(94
)
Net cash provided by (used in) financing activities
 
(54
)
 
285

 
(413
)
 
(296
)
 
(478
)
Effect of exchange rate changes on cash and cash equivalents
 
—

 
—

 
7

 
—

 
7

Increase (decrease) in cash and cash equivalents
 
(75
)
 
39

 
(15
)
 
—

 
(51
)
Cash and cash equivalents at beginning of the period
 
226

 
13

 
300

 
—

 
539

Cash and cash equivalents at end of the period
 
$
151

 
$
52

 
$
285

 
$
—

 
$
488

 
 
NIC
 
Navistar,
Inc.
 
Non-Guarantor
Subsidiaries
 
Eliminations
and Other
 
Consolidated
(in millions)
 
 
 
 
 
 
 
 
 
 
Condensed Consolidating Statement of Cash Flows for the Three Months Ended January 31, 2011
 
 
 
 
 
 
 
 
 
 
Net cash provided by (used in) operations
 
$
(375
)
 
$
(207
)
 
$
256

 
$
331

 
$
5

Cash flows from investment activities
 
 
 
 
 
 
 
 
 
 
Net change in restricted cash and cash equivalents
 
1

 
(2
)
 
10

 
—

 
9

Net purchases in marketable securities
 
258

 
—

 
(82
)
 
—

 
176

Capital expenditures
 
—

 
(56
)
 
(53
)
 
—

 
(109
)
Other investing activities
 
—

 
(16
)
 
3

 
—

 
(13
)
Net cash provided by (used in) investment activities
 
259

 
(74
)
 
(122
)
 
—

 
63

Cash flows from financing activities
 
 
 
 
 
 
 
 
 
 
Net borrowings (repayments) of debt
 
20

 
291

 
(233
)
 
(331
)
 
(253
)
Other financing activities
 
15

 
—

 
(19
)
 
—

 
(4
)
Net cash provided by (used in) financing activities
 
35

 
291

 
(252
)
 
(331
)
 
(257
)
Effect of exchange rate changes on cash and cash equivalents
 
—

 
—

 
3

 
—

 
3

Increase (decrease) in cash and cash equivalents
 
(81
)
 
10

 
(115
)
 
—

 
(186
)
Cash and cash equivalents at beginning of the period
 
239

 
22

 
324

 
—

 
585

Cash and cash equivalents at end of the period
 
$
158

 
$
32

 
$
209

 
$
—

 
$
399