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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Apr. 30, 2016
Apr. 30, 2015
Apr. 30, 2016
Apr. 30, 2015
Sales and revenues        
Sales of manufactured products, net $ 2,164 $ 2,658 $ 3,894 $ 5,043
Finance revenues 33 35 68 71
Sales and revenues, net 2,197 2,693 3,962 5,114
Costs and expenses        
Costs of products sold 1,845 2,360 3,311 4,405
Restructuring charges 3 6 6 9
Asset impairment charges 3 1 5 8
Selling, general and administrative expenses 202 243 407 484
Engineering and product development costs 61 76 119 155
Interest expense 81 75 162 152
Other income, net (25) (28) (47) (31)
Total costs and expenses 2,170 2,733 3,963 5,182
Equity in income of non-consolidated affiliates 2 1 1 3
Income (loss) before income taxes 29 (39) 0 (65)
Income tax expense (16) (18) (11) (25)
Earnings (loss) from continuing operations 13 (57) (11) (90)
Income (loss) from discontinued operations, net of tax 0 0 0 0
Net income (loss) 13 (57) (11) (90)
Less: Net income attributable to non-controlling interests 9 7 18 16
Net income (loss) attributable to Navistar International Corporation 4 (64) (29) (106)
Income (loss) from continuing operations, net of tax 4 (64) (29) (106)
Income (loss) from discontinued operations, net of tax $ 0 $ 0 $ 0 $ 0
Earnings (loss) per share attributable to Navistar International Corporation:        
Basic: Loss from Continuing Operations (in dollars per share) $ 0.05 $ (0.78) $ (0.35) $ (1.30)
Basic: Income (Loss) from Discontinued Operations (in dollars per share) 0.00 0.00 0.00 0.00
Basic (in dollars per share) 0.05 (0.78) (0.35) (1.30)
Diluted: Loss from Continuing Operations (in dollars per share) 0.05 (0.78) (0.35) (1.30)
Diluted: Income (Loss) from Discontinued Operations (in dollars per share) 0.00 0.00 0.00 0.00
Diluted (in dollars per share) $ 0.05 $ (0.78) $ (0.35) $ (1.30)
Weighted average shares outstanding:        
Basic (in shares) 81.7 81.6 81.7 81.5
Diluted (in shares) 82.0 81.6 81.7 81.5