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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jul. 31, 2016
Jul. 31, 2015
Jul. 31, 2016
Jul. 31, 2015
Sales and revenues        
Sales of manufactured products, net $ 2,052 $ 2,501 $ 5,946 $ 7,544
Finance revenues 34 37 102 108
Sales and revenues, net 2,086 2,538 6,048 7,652
Costs and expenses        
Costs of products sold 1,757 2,172 5,068 6,577
Restructuring charges 5 13 11 22
Asset impairment charges 12 7 17 15
Selling, general and administrative expenses 197 220 604 704
Engineering and product development costs 62 71 181 226
Interest expense 84 75 246 227
Other income, net (15) (6) (62) (37)
Total costs and expenses 2,102 2,552 6,065 7,734
Equity in income of non-consolidated affiliates 2 3 3 6
Income (loss) before income taxes (14) (11) (14) (76)
Income tax expense (14) (12) (25) (37)
Earnings (loss) from continuing operations (28) (23) (39) (113)
Income from discontinued operations, net of tax 0 2 0 2
Net income (loss) (28) (21) (39) (111)
Less: Net income attributable to non-controlling interests 6 7 24 23
Net income (loss) attributable to Navistar International Corporation (34) (28) (63) (134)
Loss from continuing operations, net of tax (34) (30) (63) (136)
Income from discontinued operations, net of tax $ 0 $ 2 $ 0 $ 2
Earnings (loss) per share attributable to Navistar International Corporation:        
Basic: Loss from Continuing Operations (in dollars per share) $ (0.42) $ (0.37) $ (0.77) $ (1.67)
Basic: Income (Loss) from Discontinued Operations (in dollars per share) 0.00 0.03 0.00 0.03
Basic (in dollars per share) (0.42) (0.34) (0.77) (1.64)
Diluted: Loss from Continuing Operations (in dollars per share) (0.42) (0.37) (0.77) (1.67)
Diluted: Income (Loss) from Discontinued Operations (in dollars per share) 0.00 0.03 0.00 0.03
Diluted (in dollars per share) $ (0.42) $ (0.34) $ (0.77) $ (1.64)
Weighted average shares outstanding:        
Basic (in shares) 81.7 81.6 81.7 81.5
Diluted (in shares) 81.7 81.6 81.7 81.5