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Segment Reporting (Tables)
 6 Months Ended
Apr. 30, 2017
Segment Reporting [Abstract]  
Schedule of selected financial information, by segment
(in millions)
Truck
 
Parts
 
Global Operations
 
Financial
Services
 
Corporate
and
Eliminations
 
Total
Segment assets, as of:
 
 
 
 
 
 
 
 
 
 
 
April 30, 2017
$
1,680

 
$
613

 
$
342

 
$
2,132

 
$
1,185

 
$
5,952

October 31, 2016
1,520

 
594

 
407

 
2,116

 
1,016

 
5,653

_________________________
(A)
Total sales and revenues in the Financial Services segment include interest revenues of $40 million and $76 million for the three and six months ended April 30, 2017, respectively, and $42 million and $84 million for the three and six months ended April 30, 2016, respectively.
(B)
Exclusive of purchases of equipment leased to others.
We define segment profit (loss) as net income (loss) attributable to NIC, excluding income tax benefit (expense). Selected financial information from our Consolidated Statements of Operations and our Consolidated Balance Sheets is as follows:
(in millions)
Truck
 
Parts
 
Global Operations
 
Financial
Services(A)
 
Corporate
and
Eliminations
 
Total
Three Months Ended April 30, 2017
 
 
 
 
 
 
 
 
 
 
 
External sales and revenues, net
$
1,391

 
$
604

 
$
66

 
$
33

 
$
2

 
$
2,096

Intersegment sales and revenues
7

 
6

 
4

 
23

 
(40
)
 
—

Total sales and revenues, net
$
1,398

 
$
610

 
$
70

 
$
56

 
$
(38
)
 
$
2,096

Income (loss) attributable to NIC, net of tax
$
(56
)
 
$
153

 
$
(7
)
 
$
15

 
$
(185
)
 
$
(80
)
Income tax expense
—

 
—

 
—

 
—

 
(6
)
 
(6
)
Segment profit (loss)
$
(56
)
 
$
153

 
$
(7
)
 
$
15

 
$
(179
)
 
$
(74
)
Depreciation and amortization
$
31

 
$
3

 
$
4

 
$
12

 
$
3

 
$
53

Interest expense
—

 
—

 
—

 
21

 
68

 
89

Equity in income of non-consolidated affiliates
1

 
1

 
—

 
—

 
—

 
2

Capital expenditures(B)
14

 
1

 
2

 
1

 
2

 
20

(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) 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(B)
19

 
1

 
1

 
—

 
3

 
24


(in millions)
Truck
 
Parts
 
Global Operations
 
Financial
Services(A)
 
Corporate
and
Eliminations
 
Total
Six Months Ended April 30, 2017
 
 
 
 
 
 
 
 
 
 
 
External sales and revenues, net
$
2,408

 
$
1,167

 
$
112

 
$
67

 
$
5

 
$
3,759

Intersegment sales and revenues
17

 
13

 
8

 
43

 
(81
)
 
—

Total sales and revenues, net
$
2,425

 
$
1,180

 
$
120

 
$
110

 
$
(76
)
 
$
3,759

Income (loss) attributable to NIC, net of tax
$
(125
)
 
$
302

 
$
(11
)
 
$
28

 
$
(336
)
 
$
(142
)
Income tax expense
—

 
—

 
—

 
—

 
(10
)
 
(10
)
Segment profit (loss)
$
(125
)
 
$
302

 
$
(11
)
 
$
28

 
$
(326
)
 
$
(132
)
Depreciation and amortization
$
68

 
$
6

 
$
7

 
$
25

 
$
6

 
$
112

Interest expense
—

—

—

 
—

 
41

 
130

 
171

Equity in income of non-consolidated affiliates
2

 
2

 
1

 
—

 
—

 
5

Capital expenditures(B)
57

 
1

 
3

 
1

 
4

 
66

(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) 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(B)
44

 
2

 
2

 
—

 
5

 
53


(in millions)
Truck
 
Parts
 
Global Operations
 
Financial
Services
 
Corporate
and
Eliminations
 
Total
Segment assets, as of:
 
 
 
 
 
 
 
 
 
 
 
April 30, 2017
$
1,680

 
$
613

 
$
342

 
$
2,132

 
$
1,185

 
$
5,952

October 31, 2016
1,520

 
594

 
407

 
2,116

 
1,016

 
5,653