XML 64 R43.htm IDEA: XBRL DOCUMENT v3.6.0.2
Segment Reporting (Tables)
 12 Months Ended
Oct. 31, 2016
Segment Reporting [Abstract]  
Revenue from External Customers by Products and Services [Table Text Block]
Sales and revenues to external customers classified by significant products and services were as follows:
 
For the Years Ended October 31,
(in millions)
2016
 
2015
 
2014
Sales and revenues:
 
 
 
 
 
Trucks
$
5,176

 
$
6,845

 
$
7,137

Parts
2,216

 
2,399

 
2,424

Engine
583

 
751

 
1,092

Financial Services
136

 
145

 
153
Schedule of selected financial information, by segment
The following tables present selected financial information for our reporting segments:
(in millions)
Truck
 
Parts
 
Global Operations
 
Financial
Services(A)
 
Corporate
and
Eliminations
 
Total
Year Ended October 31, 2016
 
 
 
 
 
 
 
 
 
 
 
External sales and revenues, net
$
5,271

 
$
2,398

 
$
296

 
$
135

 
$
10

 
$
8,110

Intersegment sales and revenues
132

 
29

 
45

 
100

 
(305
)
 
1

Total sales and revenues, net
$
5,403

 
$
2,427

 
$
341

 
$
235

 
$
(295
)
 
$
8,111

Income (loss) from continuing operations attributable to NIC, net of tax
$
(189
)
 
$
640

 
$
(21
)
 
$
100

 
$
(627
)
 
$
(97
)
Income tax expense
—

 
—

 
—

 
—

 
(33
)
 
(33
)
Segment profit (loss)
$
(189
)
 
$
640

 
$
(21
)
 
$
100

 
$
(594
)
 
$
(64
)
Depreciation and amortization
$
129

 
$
13

 
$
18

 
$
50

 
$
15

 
$
225

Interest expense
—

 
—

 
—

 
80

 
247

 
327

Equity in income (loss) of non-consolidated affiliates
5

 
4

 
(3
)
 
—

 
—

 
6

Capital expenditures(B)
97

 
2

 
4

 
2

 
11

 
116

(in millions)
Truck
 
Parts
 
Global Operations
 
Financial
Services(A)
 
Corporate
and
Eliminations
 
Total
Year Ended October 31, 2015
 
 
 
 
 
 
 
 
 
 
 
External sales and revenues, net
$
7,055

 
$
2,475

 
$
455

 
$
145

 
$
10

 
$
10,140

Intersegment sales and revenues
158

 
38

 
51

 
96

 
(343
)
 
—

Total sales and revenues, net
$
7,213

 
$
2,513

 
$
506

 
$
241

 
$
(333
)
 
$
10,140

Income (loss) from continuing operations attributable to NIC, net of tax
$
(141
)
 
$
592

 
$
(67
)
 
$
98

 
$
(669
)
 
$
(187
)
Income tax expense
—

 
—

 
—

 
—

 
(51
)
 
(51
)
Segment profit (loss)
$
(141
)
 
$
592

 
$
(67
)
 
$
98

 
$
(618
)
 
$
(136
)
Depreciation and amortization
$
173

 
$
14

 
$
23

 
$
51

 
$
20

 
$
281

Interest expense
—

 
—

 
—

 
74

 
233

 
307

Equity in income (loss) of non-consolidated affiliates
5

 
4

 
(3
)
 
—

 
—

 
6

       Capital expenditures(B)
92

 
3

 
4

 
4

 
12

 
115


(in millions)
Truck
 
Parts
 
Global Operations
 
Financial
Services(A)
 
Corporate
and
Eliminations
 
Total
Year Ended October 31, 2014
 
 
 
 
 
 
 
 
 
 
 
External sales and revenues, net
$
7,255

 
$
2,493

 
$
905

 
$
153

 
$
—

 
$
10,806

Intersegment sales and revenues
218

 
58

 
35

 
79

 
(390
)
 
—

Total sales and revenues, net
$
7,473

 
$
2,551

 
$
940

 
$
232

 
$
(390
)
 
$
10,806

Income (loss) from continuing operations attributable to NIC, net of tax
$
(380
)
 
$
528

 
$
(274
)
 
$
97

 
$
(593
)
 
$
(622
)
Income tax expense
—

 
—

 
—

 
—

 
(26
)
 
(26
)
Segment profit (loss)
$
(380
)
 
$
528

 
$
(274
)
 
$
97

 
$
(567
)
 
$
(596
)
Depreciation and amortization
$
216

 
$
15

 
$
28

 
$
46

 
$
27

 
$
332

Interest expense
—

 
—

 
—

 
71

 
243

 
314

Equity in income of non-consolidated affiliates
5

 
4

 
—

 
—

 
—

 
9

       Capital expenditures(B)
65

 
6

 
8

 
1

 
8

 
88

(in millions)
Truck
 
Parts
 
Global Operations
 
Financial
Services
 
Corporate
and
Eliminations
 
Total
Segment assets, as of:
 
 
 
 
 
 
 
 
 
 
 
October 31, 2016
$
1,520

 
$
594

 
$
407

 
$
2,116

 
$
1,016

 
$
5,653

October 31, 2015
1,876

 
641

 
409

 
2,448

 
1,275

 
6,649

_________________________
(A)
Total sales and revenues in the Financial Services segment include interest revenues of $167 million, $175 million, and $170 million for the years ended October 31, 2016, 2015, and 2014, respectively.
(B)
Exclusive of purchases of equipment leased to others.
Reconciliation of Assets from Segment to Consolidated [Table Text Block]
Information concerning principal geographic areas is presented as follows:
 
For the Years Ended October 31,
(in millions)
2016
 
2015
 
2014
Sales and revenues:(A)
 
 
 
 
 
United States
$
6,186

 
$
7,699

 
$
7,760

Canada
604

 
774

 
749

Mexico
575

 
653

 
657

Brazil
240

 
383

 
833

Other
506

 
631

 
807

 
As of October 31,
(in millions)
2016
 
2015
Long-lived assets:(B)
 
 
 
United States
$
999

 
$
1,126

Canada
20

 
19

Mexico
202

 
186

Brazil
103

 
98

Other
8

 
11

__________________________
(A)
During 2016, we identified certain sales included in Brazil which should have been classified as Other. As a result, for the year ended October 31, 2015 we have reclassified $103 million of sales. Also during 2016, we identified certain parts sales which were included in United States which should have been classified as Other due to a 2015 change in our segment reporting presentation. As a result, for the year ended October 31, 2015 we have reclassified $23 million of sales. These reclassifications did not impact our Consolidated Statements of Operations or our segment sales and revenues.
(B)
Long-lived assets consist of Property and equipment, net, Goodwill, and Intangible assets, net.