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Selected Quarterly Financial Data (unaudited) (Notes)
 12 Months Ended
Oct. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]
The following tables provide our Quarterly Condensed Consolidated Statements of Operations and Financial Data:
 
1st Quarter Ended
January 31,
 
2nd Quarter Ended
April 30,
(in millions, except for per share data and stock prices)
2015
 
2014
 
2015
 
2014
Sales and revenues, net
$
2,421

 
$
2,208

 
$
2,693

 
$
2,746

Manufacturing gross margin(A)(B)
340

 
155

 
298

 
240

Amounts attributable to Navistar International Corporation common shareholders:
 
 
 
 
 
 
 
Loss from continuing operations, net of tax(C)
$
(42
)
 
$
(249
)
 
$
(64
)
 
$
(298
)
Loss from discontinued operations, net of tax
—

 
1

 
—

 
1

Net loss
$
(42
)
 
$
(248
)
 
$
(64
)
 
$
(297
)
Loss per share attributable to Navistar International Corporation:
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
Continuing operations
$
(0.52
)
 
$
(3.07
)
 
$
(0.78
)
 
$
(3.66
)
Discontinued operations
—

 
0.02

 
—

 
0.01

 
$
(0.52
)
 
$
(3.05
)
 
$
(0.78
)
 
$
(3.65
)
Diluted:
 
 
 
 
 
 
 
Continuing operations
$
(0.52
)
 
$
(3.07
)
 
$
(0.78
)
 
$
(3.66
)
Discontinued operations
—

 
0.02

 
—

 
0.01

 
$
(0.52
)
 
$
(3.05
)
 
$
(0.78
)
 
$
(3.65
)
Market price range-common stock:
 
 
 
 
 
 
 
High
$
38.05

 
$
41.57

 
$
31.28

 
$
39.45

Low
28.99

 
30.80

 
27.50

 
29.08

 
3rd Quarter Ended
July 31,
 
4th Quarter Ended
October 31,
(in millions, except for per share data and stock prices)
2015
 
2014
 
2015
 
2014
Sales and revenues, net
$
2,538

 
$
2,844

 
$
2,488

 
$
3,008

Manufacturing gross margin(A)(B)
329

 
389

 
358

 
335

Amounts attributable to Navistar International Corporation common shareholders:

 

 


 

Loss from continuing operations, net of tax(C)
$
(30
)
 
$
(3
)
 
$
(51
)
 
$
(72
)
Income (loss) from discontinued operations, net of tax
2

 
1

 
1

 
—

Net loss
$
(28
)
 
$
(2
)
 
$
(50
)
 
$
(72
)
Loss per share attributable to Navistar International Corporation:
 


 


 

Basic:


 

 


 

Continuing operations
$
(0.37
)
 
$
(0.04
)
 
$
(0.62
)
 
$
(0.88
)
Discontinued operations
0.03

 
0.02

 
0.01

 
—

 
$
(0.34
)
 
$
(0.02
)
 
$
(0.61
)
 
$
(0.88
)
Diluted:


 

 


 

Continuing operations
$
(0.37
)
 
$
(0.04
)
 
$
(0.62
)
 
$
(0.88
)
Discontinued operations
0.03

 
0.02

 
0.01

 
—

 
$
(0.34
)
 
$
(0.02
)
 
$
(0.61
)
 
$
(0.88
)
Market price range-common stock:


 

 


 

High
$
30.41

 
$
39.41

 
$
19.91

 
$
40.17

Low
16.32

 
32.45

 
11.21

 
29.54

_______________________
(A) Manufacturing gross margin is calculated by subtracting Costs of products sold from Sales of manufactured products, net.
(B) We record adjustments to our product warranty accrual to reflect changes in our estimate of warranty costs for products sold in prior periods. Such adjustments typically occur when claims experience deviates from historic and expected trends. In the fourth quarter of 2015, we recognized a charge for adjustments to pre-existing warranties from continuing operations of $40 million. In the fourth quarter of 2014, we recognized a benefit for adjustments to pre-existing warranties of $10 million.
(C)
In the second quarter of 2014, the company recognized a non-cash charge of $149 million for the impairment of certain intangible assets of our Brazilian engine reporting unit. Due to the economic downturn in Brazil which resulted in a continued decline in actual and forecasted results, we tested the goodwill of our Brazilian engine reporting unit and trademark for potential impairment. As a result, we determined that the entire $142 million balance of goodwill and $7 million of trademark were impaired.