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Segment Reporting (Tables)
 6 Months Ended
Apr. 30, 2016
Segment Reporting [Abstract]  
Schedule of selected financial information, by segment
(in millions)
Truck
 
Parts
 
Global Operations
 
Financial
Services(A)
 
Corporate
and
Eliminations
 
Total
Six Months Ended April 30, 2016
 
 
 
 
 
 
 
 
 
 
 
External sales and revenues, net
$
2,540

 
$
1,202

 
$
148

 
$
68

 
$
4

 
$
3,962

Intersegment sales and revenues
72

 
15

 
21

 
49

 
(157
)
 
—

Total sales and revenues, net
$
2,612

 
$
1,217

 
$
169

 
$
117

 
$
(153
)
 
$
3,962

Income (loss) from continuing operations attributable to NIC, net of tax
$
(74
)
 
$
326

 
$
(14
)
 
$
51

 
$
(318
)
 
$
(29
)
Income tax expense
—

 
—

 
—

 
—

 
(11
)
 
(11
)
Segment profit (loss)
$
(74
)
 
$
326

 
$
(14
)
 
$
51

 
$
(307
)
 
$
(18
)
Depreciation and amortization
$
63

 
$
7

 
$
9

 
$
24

 
$
8

 
$
111

Interest expense
—

 
—

 
—

 
38

 
124

 
162

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

 
2

 
(3
)
 
—

 
—

 
1

Capital expenditures(C)
44

 
2

 
2

 
—

 
5

 
53

(in millions)
Truck
 
Parts
 
Global Operations
 
Financial
Services(A)
 
Corporate
and
Eliminations
 
Total
Six Months Ended April 30, 2015
 
 
 
 
 
 
 
 
 
 
 
External sales and revenues, net
$
3,564

 
$
1,221

 
$
253

 
$
71

 
$
5

 
$
5,114

Intersegment sales and revenues(B)
72

 
18

 
29

 
49

 
(168
)
 
—

Total sales and revenues, net
$
3,636

 
$
1,239

 
$
282

 
$
120

 
$
(163
)
 
$
5,114

Income (loss) from continuing operations attributable to NIC, net of tax
$
(69
)
 
$
278

 
$
(14
)
 
$
46

 
$
(347
)
 
$
(106
)
Income tax expense
—

 
—

 
—

 
—

 
(25
)
 
(25
)
Segment profit (loss)
$
(69
)
 
$
278

 
$
(14
)
 
$
46

 
$
(322
)
 
$
(81
)
Depreciation and amortization
$
99

 
$
7

 
$
12

 
$
24

 
$
11

 
$
153

Interest expense
—

 
—

 
—

 
38

 
114

 
152

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

 
2

 
(2
)
 
—

 
—

 
3

       Capital expenditures(C)
38

 
—

 
3

 
2

 
2

 
45

(in millions)
Truck
 
Parts
 
Global Operations
 
Financial
Services
 
Corporate
and
Eliminations
 
Total
Segment assets, as of:
 
 
 
 
 
 
 
 
 
 
 
April 30, 2016
$
1,887

 
$
645

 
$
370

 
$
2,284

 
$
1,002

 
$
6,188

October 31, 2015
1,876

 
641

 
409

 
2,455

 
1,311

 
6,692

_________________________
(A)
Total sales and revenues in the Financial Services segment include interest revenues of $42 million and $84 million for the three and six months ended April 30, 2016, respectively, and $44 million and $89 million for the three and six months ended April 30, 2015, respectively.
(B)
During the second quarter of 2015, we identified a $35 million adjustment related to the first quarter of 2015 Intersegment sales and revenues. As a result, the Truck segment and Corporate and Eliminations should have reported Intersegment sales and revenues of $39 million and $(89) million, respectively, and reported Total sales and revenues, net, of $1,670 million and $(87) million, respectively, for the three months ended January 31, 2015. The adjustment did not impact the consolidated results for the first or second quarter of 2015.
(C)
Exclusive of purchases of equipment leased to others.
(in millions)
Truck
 
Parts
 
Global Operations
 
Financial
Services(A)
 
Corporate
and
Eliminations
 
Total
Three Months Ended April 30, 2015
 
 
 
 
 
 
 
 
 
 
 
External sales and revenues, net
$
1,933

 
$
607

 
$
115

 
$
35

 
$
3

 
$
2,693

Intersegment sales and revenues(B)
33

 
6

 
15

 
25

 
(79
)
 
—

Total sales and revenues, net
$
1,966

 
$
613

 
$
130

 
$
60

 
$
(76
)
 
$
2,693

Income (loss) from continuing operations attributable to NIC, net of tax
$
(51
)
 
$
133

 
$
1

 
$
22

 
$
(169
)
 
$
(64
)
Income tax expense
—

 
—

 
—

 
—

 
(18
)
 
(18
)
Segment profit (loss)
$
(51
)
 
$
133

 
$
1

 
$
22

 
$
(151
)
 
$
(46
)
Depreciation and amortization
$
47

 
$
4

 
$
5

 
$
12

 
$
6

 
$
74

Interest expense
—

 
—

 
—

 
18

 
57

 
75

Equity in income (loss) of non-consolidated affiliates
1

 
1

 
(1
)
 
—

 
—

 
1

       Capital expenditures(C)
24

 
—

 
1

 
2

 
1

 
28

(in millions)
Truck

Parts

Global Operations

Financial
Services(A)

Corporate
and
Eliminations

Total
Three Months Ended April 30, 2016











External sales and revenues, net
$
1,459

 
$
640

 
$
64

 
$
33

 
$
1

 
$
2,197

Intersegment sales and revenues
21

 
7

 
13

 
25

 
(66
)
 
—

Total sales and revenues, net
$
1,480

 
$
647

 
$
77

 
$
58

 
$
(65
)
 
$
2,197

Income (loss) from continuing operations attributable to NIC, net of tax
$
(23
)
 
$
176

 
$
(1
)
 
$
25

 
$
(173
)
 
$
4

Income tax expense
—

 
—

 
—

 
—

 
(16
)
 
(16
)
Segment profit (loss)
$
(23
)
 
$
176

 
$
(1
)
 
$
25

 
$
(157
)
 
$
20

Depreciation and amortization
$
29

 
$
4

 
$
4

 
$
12

 
$
4

 
$
53

Interest expense
—

 
—

 
—

 
19

 
62

 
81

Equity in income of non-consolidated affiliates
1

 
1

 
—

 
—

 
—

 
2

Capital expenditures(C)
19

 
1

 
1

 
—

 
3

 
24