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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jul. 31, 2017
Jul. 31, 2016
Jul. 31, 2017
Jul. 31, 2016
Sales and revenues        
Sales of manufactured products, net $ 2,178 $ 2,052 $ 5,870 $ 5,946
Finance revenues 35 34 102 102
Sales and revenues, net 2,213 2,086 5,972 6,048
Costs and expenses        
Costs of products sold 1,803 1,757 4,949 5,068
Restructuring charges (13) 5 (4) 11
Asset impairment charges 6 12 13 17
Selling, general and administrative expenses 233 197 654 604
Engineering and product development costs 61 62 189 181
Interest expense 91 84 262 246
Other income, net (8) (15) (7) (62)
Total costs and expenses 2,173 2,102 6,056 6,065
Equity in income of non-consolidated affiliates 1 2 6 3
Income (loss) from continuing operations before income taxes 41 (14) (78) (14)
Income Tax Expense (Benefit) 0 14 10 25
Income (loss) from continuing operations 41 (28) (88) (39)
Income from discontinued operations, net of tax 1 0 1 0
Net income (loss) 42 (28) (87) (39)
Less: Net income attributable to non-controlling interests (5) (6) (18) (24)
Income (loss) from continuing operations, net of tax 36 (34) (106) (63)
Income from discontinued operations, net of tax 1 0 1 0
Net income (loss) attributable to Navistar International Corporation $ 37 $ (34) $ (105) $ (63)
Earnings (loss) per share attributable to Navistar International Corporation:        
Basic: Loss from Continuing Operations (in dollars per share) $ 0.37 $ (0.42) $ (1.16) $ (0.77)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share 0.01 0.00 0.01 0.00
Earnings Per Share, Basic 0.38 (0.42) (1.15) (0.77)
Diluted: Loss from Continuing Operations (in dollars per share) 0.37 (0.42) (1.16) (0.77)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share 0.01 0.00 0.01 0.00
Earnings Per Share, Diluted $ 0.38 $ (0.42) $ (1.15) $ (0.77)
Weighted average shares outstanding:        
Basic (in shares) 98.3 81.7 91.1 81.7
Diluted (in shares) 98.6 81.7 91.1 81.7