Segment reporting (Tables)

9 Months Ended

Jul. 31, 2012

Segment Reporting [Abstract]

Schedule of selected financial information, by segment

Selected financial information is as follows:

(in millions)	Truck(A)			Engine			Parts(A)		Financial Services(B)		Corporate and Eliminations			Total
Three Months Ended July 31, 2012
External sales and revenues, net	$	2,323		$	441		$	513	$	42	$	—		$	3,319
Intersegment sales and revenues	13			399			29		22		(463		)	—
Total sales and revenues, net	$	2,336		$	840		$	542	$	64	$	(463	)	$	3,319
Net income (loss) attributable to NIC	$	(30	)	$	(47	)	$	73	$	22	$	66		$	84
Income tax benefit	—			—			—		—		196			196
Segment profit (loss)	$	(30	)	$	(47	)	$	73	$	22	$	(130	)	$	(112	)
Depreciation and amortization	$	41		$	28		$	2	$	9	$	6		$	86
Interest expense	—			—			—		20		39			59
Equity in income (loss) of non-consolidated affiliates	(12		)	1			1		—		—			(10		)
Capital expenditures(C)	21			39			6		1		7			74

Three Months Ended July 31, 2011
External sales and revenues, net	$	2,457		$	546		$	487	$	47	$	—		$	3,537
Intersegment sales and revenues	—			422			29		26		(477		)	—
Total sales and revenues, net	$	2,457		$	968		$	516	$	73	$	(477	)	$	3,537
Net income (loss) attributable to NIC	$	(75	)	$	32		$	70	$	30	$	1,343		$	1,400
Income tax benefit	—			—			—		—		1,463			1,463
Segment profit (loss)	$	(75	)	$	32		$	70	$	30	$	(120	)	$	(63	)
Depreciation and amortization	$	37		$	32		$	2	$	8	$	5		$	84
Interest expense	—			—			—		28		34			62
Equity in income (loss) of non-consolidated affiliates	(22		)	(1		)	1		—		—			(22		)
Capital expenditures(C)	15			47			7		1		36			106

Nine Months Ended July 31, 2012	Truck(A)			Engine			Parts(A)		Financial Services(B)		Corporate and Eliminations			Total
External sales and revenues, net	$	6,830		$	1,301		$	1,409	$	129	$	—		$	9,669
Intersegment sales and revenues	26			1,292			98		70		(1,486		)	—
Total sales and revenues, net	$	6,856		$	2,593		$	1,507	$	199	$	(1,486	)	$	9,669
Net income (loss) attributable to NIC	$	(160	)	$	(275	)	$	164	$	75	$	(45	)	$	(241	)
Income tax benefit	—			—			—		—		410			410
Segment profit (loss)	$	(160	)	$	(275	)	$	164	$	75	$	(455	)	$	(651	)
Depreciation and amortization	$	111		$	87		$	8	$	25	$	15		$	246
Interest expense	—			—			—		67		115			182
Equity in income (loss) of non-consolidated affiliates	(27		)	2			4		—		—			(21		)
Capital expenditures(C)	53			116			18		2		61			250

Nine Months Ended July 31, 2011
External sales and revenues, net	$	6,510		$	1,526		$	1,445	$	154	$	—		$	9,635
Intersegment sales and revenues	18			1,180			128		75		(1,401		)	—
Total sales and revenues, net	$	6,528		$	2,706		$	1,573	$	229	$	(1,401	)	$	9,635
Net income attributable to NIC	$	49		$	26		$	200	$	102	$	1,091		$	1,468
Income tax benefit	—			—			—		—		1,458			1,458
Segment profit (loss)	$	49		$	26		$	200	$	102	$	(367	)	$	10
Depreciation and amortization	$	112		$	91		$	7	$	21	$	14		$	245
Interest expense	—			—			—		84		103			187
Equity in income (loss) of non-consolidated affiliates	(57		)	(3		)	5		—		—			(55		)
Capital expenditures(C)	53			131			11		1		95			291

As of July 31, 2012
Segment assets	$	2,509	$	1,715	$	708	$	2,898	$	3,313	$	11,143
As of October 31, 2011
Segment assets	$	2,771	$	1,849	$	700	$	3,580	$	3,391	$	12,291

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(A) See Note 2, Restructurings and Impairments, for further discussion.

(B) Total sales and revenues in the Financial Services segment include interest revenues of $63 million and $195 million for the three and nine months ended July 31, 2012, respectively, and $72 million and $225 million for the three and nine months ended July 31, 2011, respectively.

(C) Exclusive of purchases of equipment leased to others.