XML 62 R36.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Reporting (Tables)
 6 Months Ended
Apr. 30, 2014
Segment Reporting [Abstract]  
Schedule of selected financial information, by segment
The following tables present selected financial information for our reporting segments:
(in millions)
North America Truck
 
North America Parts
 
Global Operations
 
Financial
Services(A)
 
Corporate
and
Eliminations
 
Total
Three Months Ended April 30, 2014
 
 
 
 
 
 
 
 
 
 
 
External sales and revenues, net
$
1,680

 
$
611

 
$
417

 
$
38

 
$
—

 
$
2,746

Intersegment sales and revenues
129

 
12

 
6

 
19

 
(166
)
 
—

Total sales and revenues, net
$
1,809

 
$
623

 
$
423

 
$
57

 
$
(166
)
 
$
2,746

Income (loss) from continuing operations attributable to NIC, net of tax
$
(134
)
 
$
126

 
$
(150
)
 
$
24

 
$
(164
)
 
$
(298
)
Income tax expense
—

 
—

 
—

 
—

 
(23
)
 
(23
)
Segment profit (loss)
$
(134
)
 
$
126

 
$
(150
)
 
$
24

 
$
(141
)
 
$
(275
)
Depreciation and amortization
$
69

 
$
4

 
$
8

 
$
11

 
$
7

 
$
99

Interest expense
—

 
—

 
—

 
17

 
57

 
74

Equity in income of non-consolidated affiliates
1

 
1

 
1

 
—

 
—

 
3

Capital expenditures(B)
26

 
1

 
1

 
—

 
1

 
29

(in millions)
North America Truck
 
North America Parts
 
Global Operations
 
Financial
Services(A)
 
Corporate
and
Eliminations
 
Total
Three Months Ended April 30, 2013
 
 
 
 
 
 
 
 
 
 
 
External sales and revenues, net
$
1,395

 
$
621

 
$
471

 
$
39

 
$
—

 
$
2,526

Intersegment sales and revenues
120

 
14

 
22

 
19

 
(175
)
 
—

Total sales and revenues, net
$
1,515

 
$
635

 
$
493

 
$
58

 
$
(175
)
 
$
2,526

Income (loss) from continuing operations attributable to NIC, net of tax
$
(303
)
 
$
114

 
$
32

 
$
19

 
$
(215
)
 
$
(353
)
Income tax expense
—

 
—

 
—

 
—

 
(22
)
 
(22
)
Segment profit (loss)
$
(303
)
 
$
114

 
$
32

 
$
19

 
$
(193
)
 
$
(331
)
Depreciation and amortization
$
114

 
$
4

 
$
9

 
$
10

 
$
5

 
$
142

Interest expense
—

 
—

 
—

 
17

 
73

 
90

Equity in income (loss) of non-consolidated affiliates
3

 
2

 
(1
)
 
—

 
—

 
4

Capital expenditures(B)
28

 
—

 
4

 
1

 
2

 
35

(in millions)
North America Truck
 
North America Parts
 
Global Operations
 
Financial
Services(A)
 
Corporate
and
Eliminations
 
Total
Six Months Ended April 30, 2014
 
 
 
 
 
 
 
 
 
 
 
External sales and revenues, net
$
2,957

 
$
1,208

 
$
712

 
$
77

 
$
—

 
$
4,954

Intersegment sales and revenues
217

 
22

 
14

 
35

 
(288
)
 
—

Total sales and revenues, net
$
3,174

 
$
1,230

 
$
726

 
$
112

 
$
(288
)
 
$
4,954

Income (loss) from continuing operations attributable to NIC, net of tax
$
(341
)
 
$
230

 
$
(183
)
 
$
47

 
$
(300
)
 
$
(547
)
Income tax expense
—

 
—

 
—

 
—

 
(11
)
 
(11
)
Segment profit (loss)
$
(341
)
 
$
230

 
$
(183
)
 
$
47

 
$
(289
)
 
$
(536
)
Depreciation and amortization
$
127

 
$
8

 
$
16

 
$
21

 
$
13

 
$
185

Interest expense
—

 
—

 
—

 
34

 
122

 
156

Equity in income (loss) of non-consolidated affiliates
2

 
2

 
(1
)
 
—

 
—

 
3

Capital expenditures(B)
38

 
5

 
4

 
1

 
2

 
50

(in millions)
North America Truck
 
North America Parts
 
Global Operations
 
Financial
Services(A)
 
Corporate
and
Eliminations
 
Total
Six Months Ended April 30, 2013
 
 
 
 
 
 
 
 
 
 
 
External sales and revenues, net
$
2,933

 
$
1,290

 
$
862

 
$
78

 
$
—

 
$
5,163

Intersegment sales and revenues
247

 
32

 
37

 
39

 
(355
)
 
—

Total sales and revenues, net
$
3,180

 
$
1,322

 
$
899

 
$
117

 
$
(355
)
 
$
5,163

Income (loss) from continuing operations attributable to NIC, net of tax
$
(404
)
 
$
231

 
$
22

 
$
41

 
$
(357
)
 
$
(467
)
Income tax expense
—

 
—

 
—

 
—

 
(37
)
 
(37
)
Segment profit (loss)
$
(404
)
 
$
231

 
$
22

 
$
41

 
$
(320
)
 
$
(430
)
Depreciation and amortization
$
185

 
$
8

 
$
18

 
$
19

 
$
12

 
$
242

Interest expense
—

 
—

 
—

 
35

 
129

 
164

Equity in income (loss) of non-consolidated affiliates
5

 
3

 
(5
)
 
—

 
—

 
3

Capital expenditures(B)
93

 
1

 
7

 
1

 
5

 
107

(in millions)
North America Truck
 
North America Parts
 
Global Operations
 
Financial
Services
 
Corporate
and
Eliminations
 
Total
Segment assets, as of:
 
 
 
 
 
 
 
 
 
 
 
April 30, 2014
$
2,306

 
$
671

 
$
878

 
$
2,494

 
$
1,378

 
$
7,727

October 31, 2013
2,250

 
716

 
1,162

 
2,355

 
1,832

 
8,315

_________________________
(A)
Total sales and revenues in the Financial Services segment include interest revenues of $42 million and $82 million for the three and six months ended April 30, 2014, respectively and $46 million and $93 million for the three and six months ended April 30, 2013, respectively.
(B)
Exclusive of purchases of equipment leased to others.