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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Jul. 31, 2015
Jul. 31, 2014
Sales and revenues        
Sales of manufactured products, net $ 2,501 $ 2,806 $ 7,544 $ 7,683
Finance revenues 37 38 108 115
Sales and revenues, net 2,538 2,844 7,652 7,798
Costs and expenses        
Costs of products sold 2,172 2,417 6,577 6,899
Restructuring charges 13 16 22 27
Asset impairment charges 7 4 15 173
Selling, general and administrative expenses 220 241 704 717
Engineering and product development costs 71 80 226 253
Interest expense 75 78 227 234
Other income, net (6) (11) (37) (5)
Total costs and expenses 2,552 2,825 7,734 8,298
Equity in income of non-consolidated affiliates 3 2 6 5
Income (loss) before income taxes (11) 21 (76) (495)
Income tax expense (12) (14) (37) (25)
Earnings (loss) from continuing operations (23) 7 (113) (520)
Income from discontinued operations, net of tax 2 1 2 3
Net income (loss) (21) 8 (111) (517)
Less: Net income attributable to non-controlling interests 7 10 23 30
Net income (loss) attributable to Navistar International Corporation (28) (2) (134) (547)
Loss from continuing operations, net of tax (30) (3) (136) (550)
Income from discontinued operations, net of tax $ 2 $ 1 $ 2 $ 3
Earnings (loss) per share attributable to Navistar International Corporation:        
Basic: Loss from Continuing Operations (in dollars per share) $ (0.37) $ (0.04) $ (1.67) $ (6.77)
Basic: Income (Loss) from Discontinued Operations (in dollars per share) 0.03 0.02 0.03 0.04
Basic (in dollars per share) (0.34) (0.02) (1.64) (6.73)
Diluted: Loss from Continuing Operations (in dollars per share) (0.37) (0.04) (1.67) (6.77)
Diluted: Income (Loss) from Discontinued Operations (in dollars per share) 0.03 0.02 0.03 0.04
Diluted (in dollars per share) $ (0.34) $ (0.02) $ (1.64) $ (6.73)
Weighted average shares outstanding:        
Basic (in shares) 81.6 81.4 81.5 81.3
Diluted (in shares) 81.6 81.4 81.5 81.3