Condensed Consolidating Guarantor and Non-Guarantor Financial Information (Tables)

12 Months Ended

Oct. 31, 2014

Condensed Consolidating Guarantor and Non-Guarantor [Abstract]

Schedule of Condensed Income Statement [Table Text Block]

Condensed Consolidating Statement of Operations for the Year ended October 31, 2012
(in millions)	NIC			Navistar, Inc.			Non-Guarantor Subsidiaries			Eliminations and Other			Consolidated
Sales and revenues, net	$	—		$	7,924		$	11,413		$	(6,642	)	$	12,695
Costs of products sold	—			8,188			9,798			(6,585		)	11,401
Restructuring charges	—			86			21			—			107
Asset impairment charges	—			2			14			—			16
All other operating expenses (income)	(249		)	1,297			968			237			2,253
Total costs and expenses	(249		)	9,573			10,801			(6,348		)	13,777
Equity in income (loss) of affiliates	(3,258		)	536			(34		)	2,727			(29		)
Income (loss) before income taxes	(3,009		)	(1,113		)	578			2,433			(1,111		)
Income tax benefit (expense)	(1		)	(1,987		)	209			(1		)	(1,780		)
Earnings (loss) from continuing operations	(3,010		)	(3,100		)	787			2,432			(2,891		)
Income from discontinued operations, net of tax	—			—			(71		)	—			(71		)
Net income (loss)	(3,010		)	(3,100		)	716			2,432			(2,962		)
Less: Net income attributable to non-controlling interests	—			—			48			—			48
Net income (loss) attributable to Navistar International Corporation	$	(3,010	)	$	(3,100	)	$	668		$	2,432		$	(3,010	)

Condensed Consolidating Statement of Operations for the Year ended October 31, 2013
(in millions)	NIC			Navistar, Inc.			Non-Guarantor Subsidiaries			Eliminations and Other			Consolidated
Sales and revenues, net	$	—		$	6,426		$	8,979		$	(4,630	)	$	10,775
Costs of products sold	—			6,629			7,720			(4,588		)	9,761
Restructuring charges	—			15			10			—			25
Asset impairment charges	—			81			16			—			97
All other operating expenses (income)	(208		)	1,180			659			246			1,877
Total costs and expenses	(208		)	7,905			8,405			(4,342		)	11,760
Equity in income (loss) of affiliates	(1,108		)	161			4			954			11
Income (loss) before income taxes	(900		)	(1,318		)	578			666			(974		)
Income tax benefit (expense)	2			244			(75		)	—			171
Earnings (loss) from continuing operations	(898		)	(1,074		)	503			666			(803		)
Loss from discontinued operations, net of tax	—			—			(41		)	—			(41		)
Net income (loss)	(898		)	(1,074		)	462			666			(844		)
Less: Net income attributable to non-controlling interests	—			—			54			—			54
Net income (loss) attributable to Navistar International Corporation	$	(898	)	$	(1,074	)	$	408		$	666		$	(898	)

Condensed Consolidating Statement of Operations for the Year ended October 31, 2014
(in millions)	NIC			Navistar, Inc.			Non-Guarantor Subsidiaries			Eliminations and Other			Consolidated
Sales and revenues, net	$	—		$	7,269		$	8,196		$	(4,659	)	$	10,806
Costs of products sold	—			6,794			7,337			(4,597		)	9,534
Restructuring charges	—			8			34			—			42
Asset impairment charges	—			16			167			—			183
All other operating expenses (income)	(48		)	1,003			541			116			1,612
Total costs and expenses	(48		)	7,821			8,079			(4,481		)	11,371
Equity in income (loss) of affiliates	(680		)	(169		)	5			853			9
Income (loss) before income taxes	(632		)	(721		)	122			675			(556		)
Income tax expense	13			25			(64		)	—			(26		)
Earnings (loss) from continuing operations	(619		)	(696		)	58			675			(582		)
Income from discontinued operations, net of tax	—			—			3			—			3
Net income (loss)	(619		)	(696		)	61			675			(579		)
Less: Net income attributable to non-controlling interests	—			—			40			—			40
Net income (loss) attributable to Navistar International Corporation	$	(619	)	$	(696	)	$	21		$	675		$	(619	)

Schedule of Condensed Statement of Comprehensive Income [Table Text Block]

Condensed Consolidating Statement of Comprehensive Income (Loss) for the Year ended October 31, 2012
(in millions)	NIC			Navistar, Inc.			Non-Guarantor Subsidiaries			Eliminations and Other		Consolidated
Net income (loss) attributable to Navistar International Corporation	$	(3,010	)	$	(3,100	)	$	668		$	2,432	$	(3,010	)
Other comprehensive income (loss):
Foreign currency translation adjustment	(125		)	—			(125		)	125		(125		)
Defined benefit plans (net of tax of $14, $0, $14, $(14), and, $14, respectively)	(256		)	(225		)	(31		)	256		(256		)
Total other comprehensive income (loss)	(381		)	(225		)	(156		)	381		(381		)
Total comprehensive income (loss) attributable to Navistar International Corporation	$	(3,391	)	$	(3,325	)	$	512		$	2,813	$	(3,391	)

Condensed Consolidating Statement of Comprehensive Income (Loss) for the Year ended October 31, 2014
(in millions)	NIC			Navistar, Inc.			Non-Guarantor Subsidiaries			Eliminations and Other			Consolidated
Net income (loss) attributable to Navistar International Corporation	$	(619	)	$	(696	)	$	21		$	675		$	(619	)
Other comprehensive income (loss):
Foreign currency translation adjustment	(52		)	—			(52		)	52			(52		)
Unrealized gain on marketable securities	1			—			1			(1		)	1
Defined benefit plans (net of tax of $(2), $0, $(2), $2 and, $(2), respectively)	(388		)	(397		)	9			388			(388		)
Total other comprehensive income (loss)	(439		)	(397		)	(42		)	439			(439		)
Total comprehensive income (loss) attributable to Navistar International Corporation	$	(1,058	)	$	(1,093	)	$	(21	)	$	1,114		$	(1,058	)

Condensed Consolidating Statement of Comprehensive Income (Loss) for the Year ended October 31, 2013
(in millions)	NIC			Navistar, Inc.			Non-Guarantor Subsidiaries			Eliminations and Other			Consolidated
Net income (loss) attributable to Navistar International Corporation	$	(898	)	$	(1,074	)	$	408		$	666		$	(898	)
Other comprehensive income (loss):
Foreign currency translation adjustment	(51		)	—			(51		)	51			(51		)
Defined benefit plans (net of tax of $(21), $5, $(26), $21, and, $(21), respectively)	552			687			74			(761		)	552
Total other comprehensive income (loss)	501			687			23			(710		)	501
Total comprehensive income (loss) attributable to Navistar International Corporation	$	(397	)	$	(387	)	$	431		$	(44	)	$	(397	)

Schedule of Condensed Balance Sheet [Table Text Block]

Condensed Consolidating Balance Sheet as of October 31, 2013
(in millions)	NIC			Navistar, Inc.			Non-Guarantor Subsidiaries			Eliminations and Other			Consolidated
Assets
Cash and cash equivalents	$	336		$	72		$	347		$	—		$	755
Marketable securities	581			1			248			—			830
Restricted cash	23			3			65			—			91
Finance and other receivables, net	3			148			2,561			(11		)	2,701
Inventories	—			621			608			(19		)	1,210
Investments in non-consolidated affiliates	(6,123		)	6,600			73			(473		)	77
Property and equipment, net	—			937			807			(3		)	1,741
Goodwill	—			—			184			—			184
Deferred taxes, net	—			13			219			(1		)	231
Other	36			156			304			(1		)	495
Total assets	$	(5,144	)	$	8,551		$	5,416		$	(508	)	$	8,315
Liabilities and stockholders’ equity (deficit)
Debt	$	2,125		$	1,002		$	1,960		$	(2	)	$	5,085
Postretirement benefits liabilities	—			2,407			245			—			2,652
Amounts due to (from) affiliates	(6,988		)	10,846			(3,932		)	74			—
Other liabilities	3,362			646			250			(79		)	4,179
Total liabilities	(1,501		)	14,901			(1,477		)	(7		)	11,916
Redeemable equity securities	4			—			—			—			4
Stockholders’ equity attributable to non-controlling interest	—			—			44			—			44
Stockholders’ equity (deficit) attributable to Navistar International Corporation	(3,647		)	(6,350		)	6,849			(501		)	(3,649		)
Total liabilities and stockholders’ equity (deficit)	$	(5,144	)	$	8,551		$	5,416		$	(508	)	$	8,315

Condensed Consolidating Balance Sheet as of October 31, 2014
(in millions)	NIC			Navistar, Inc.			Non-Guarantor Subsidiaries			Eliminations and Other			Consolidated
Assets
Cash and cash equivalents	$	101		$	53		$	343		$	—		$	497
Marketable securities	379			—			226			—			605
Restricted cash	19			4			148			—			171
Finance and other receivables, net	—			124			2,504			(12		)	2,616
Inventories	—			792			539			(12		)	1,319
Investments in non-consolidated affiliates	(7,245		)	6,410			71			837			73
Property and equipment, net	—			827			740			(5		)	1,562
Goodwill	—			—			38			—			38
Deferred taxes, net	5			9			185			1			200
Other	34			137			194			(3		)	362
Total assets	$	(6,707	)	$	8,356		$	4,988		$	806		$	7,443
Liabilities and stockholders’ equity (deficit)
Debt	$	1,958		$	937		$	2,336		$	(7	)	$	5,224
Postretirement benefits liabilities	—			2,712			243			—			2,955
Amounts due to (from) affiliates	(7,618		)	11,739			(4,267		)	146			—
Other liabilities	3,605			370			(22		)	(71		)	3,882
Total liabilities	(2,055		)	15,758			(1,710		)	68			12,061
Redeemable equity securities	2			—			—			—			2
Stockholders’ equity attributable to non-controlling interest	—			—			34			—			34
Stockholders’ equity (deficit) attributable to Navistar International Corporation	(4,654		)	(7,402		)	6,664			738			(4,654		)
Total liabilities and stockholders’ equity (deficit)	$	(6,707	)	$	8,356		$	4,988		$	806		$	7,443

Schedule of Condensed Cash Flow Statement [Table Text Block]

Condensed Consolidating Statement of Cash Flows for the Year ended October 31, 2013
(in millions)	NIC			Navistar, Inc.			Non-Guarantor Subsidiaries			Eliminations and Other			Consolidated
Net cash provided by (used in) operations	$	(669	)	$	(355	)	$	401		$	723		$	100
Cash flows from investment activities
Net change in restricted cash and cash equivalents	—			5			65			—			70
Net purchases of marketable securities	(267		)	—			(97		)	—			(364		)
Capital expenditures and purchase of equipment leased to others	—			(422		)	(177		)	—			(599		)
Other investing activities	—			87			(4		)	—			83
Net cash used in investment activities	(267		)	(330		)	(213		)	—			(810		)
Cash flows from financing activities
Net borrowings (repayments) of debt	540			409			(40		)	(793		)	116
Other financing activities	30			293			(116		)	70			277
Net cash provided by (used in) financing activities	570			702			(156		)	(723		)	393
Effect of exchange rate changes on cash and cash equivalents	—			—			(15		)	—			(15		)
Increase (decrease) in cash and cash equivalents	(366		)	17			17			—			(332		)
Cash and cash equivalents at beginning of the year	702			55			330			—			1,087
Cash and cash equivalents at end of the year	$	336		$	72		$	347		$	—		$	755

Condensed Consolidating Statement of Cash Flows for the Year ended October 31, 2012
(in millions)	NIC			Navistar, Inc.			Non-Guarantor Subsidiaries			Eliminations and Other			Consolidated
Net cash provided by (used in) operations	$	350		$	(183	)	$	901		$	(458	)	$	610
Cash flows from investment activities
Net change in restricted cash and cash equivalents	(4		)	1			168			—			165
Net purchases of marketable securities	115			—			137			—			252
Capital expenditures and purchase of equipment leased to others	—			(213		)	(157		)	—			(370		)
Other investing activities	—			(157		)	108			—			(49		)
Net cash provided by (used in) investment activities	111			(369		)	256			—			(2		)
Cash flows from financing activities
Net borrowings (repayments) of debt	171			594			(1,245		)	549			69
Other financing activities	(156		)	—			115			(91		)	(132		)
Net cash provided by (used in) financing activities	15			594			(1,130		)	458			(63		)
Effect of exchange rate changes on cash and cash equivalents	—			—			3			—			3
Increase in cash and cash equivalents	476			42			30			—			548
Cash and cash equivalents at beginning of the year	226			13			300			—			539
Cash and cash equivalents at end of the year	$	702		$	55		$	330		$	—		$	1,087

Condensed Consolidating Statement of Cash Flows for the Year ended October 31, 2014
(in millions)	NIC			Navistar, Inc.			Non-Guarantor Subsidiaries			Eliminations and Other			Consolidated
Net cash provided by (used in) operations	$	(285	)	$	(1,287	)	$	(112	)	$	1,348		$	(336	)
Cash flows from investment activities
Net change in restricted cash and cash equivalents	5			(1		)	(84		)	—			(80		)
Net sales of marketable securities	203			—			22			—			225
Capital expenditures and purchase of equipment leased to others	—			(114		)	(163		)	—			(277		)
Other investing activities	—			17			40			—			57
Net cash provided by (used in) investment activities	208			(98		)	(185		)	—			(75		)
Cash flows from financing activities
Net borrowings (repayments) of debt	(176		)	1,306			409			(1,389		)	150
Other financing activities	18			60			(90		)	41			29
Net cash provided by (used in) financing activities	(158		)	1,366			319			(1,348		)	179
Effect of exchange rate changes on cash and cash equivalents	—			—			(26		)	—			(26		)
Decrease in cash and cash equivalents	(235		)	(19		)	(4		)	—			(258		)
Cash and cash equivalents at beginning of the year	336			72			347			—			755
Cash and cash equivalents at end of the year	$	101		$	53		$	343		$	—		$	497