XML 48 R32.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segment Reporting (Tables)
 3 Months Ended
Jan. 31, 2018
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:
 
 
 
 
 
 
 
 
 
 
 
January 31, 2018
$
1,710

 
$
647

 
$
360

 
$
2,052

 
$
1,200

 
$
5,969

October 31, 2017
1,621

 
632

 
378

 
2,207

 
1,297

 
6,135

_________________________
(A)
Total sales and revenues in the Financial Services segment include interest revenues of $41 million and $36 million for the three months ended January 31, 2018 and 2017, 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 January 31, 2018
 
 
 
 
 
 
 
 
 
 
 
External sales and revenues, net
$
1,228

 
$
564

 
$
72

 
$
38

 
$
3

 
$
1,905

Intersegment sales and revenues
23

 
4

 
9

 
21

 
(57
)
 
—

Total sales and revenues, net
$
1,251

 
$
568

 
$
81

 
$
59

 
$
(54
)
 
$
1,905

Income (loss) attributable to NIC, net of tax
$
(7
)
 
$
137

 
$
(7
)
 
$
20

 
$
(216
)
 
$
(73
)
Income tax expense
—

 
—

 
—

 
—

 
(15
)
 
(15
)
Segment profit (loss)
$
(7
)
 
$
137

 
$
(7
)
 
$
20

 
$
(201
)
 
$
(58
)
Depreciation and amortization
$
35

 
$
2

 
$
3

 
$
13

 
$
2

 
$
55

Interest expense
—

 
—

 
—

 
21

 
58

 
79

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

 
1

 
(1
)
 
—

 
—

 
—

Capital expenditures(B)
25

 
—

 
1

 
—

 
4

 
30

(in millions)
Truck
 
Parts
 
Global Operations
 
Financial
Services(A)
 
Corporate
and
Eliminations
 
Total
Three Months Ended January 31, 2017
 
 
 
 
 
 
 
 
 
 
 
External sales and revenues, net
$
1,017

 
$
563

 
$
46

 
$
34

 
$
3

 
$
1,663

Intersegment sales and revenues
10

 
7

 
4

 
20

 
(41
)
 
—

Total sales and revenues, net
$
1,027

 
$
570

 
$
50

 
$
54

 
$
(38
)
 
$
1,663

Income (loss) attributable to NIC, net of tax
$
(69
)
 
$
149

 
$
(4
)
 
$
13

 
$
(151
)
 
$
(62
)
Income tax expense
—

 
—

 
—

 
—

 
(4
)
 
(4
)
Segment profit (loss)
$
(69
)
 
$
149

 
$
(4
)
 
$
13

 
$
(147
)
 
$
(58
)
Depreciation and amortization
$
37

 
$
3

 
$
3

 
$
13

 
$
3

 
$
59

Interest expense
—

 
—

 
—

 
20

 
62

 
82

Equity in income of non-consolidated affiliates
1

 
1

 
1

 
—

 
—

 
3

       Capital expenditures(B)
43

 
—

 
1

 
—

 
2

 
46


(in millions)
Truck
 
Parts
 
Global Operations
 
Financial
Services
 
Corporate
and
Eliminations
 
Total
Segment assets, as of:
 
 
 
 
 
 
 
 
 
 
 
January 31, 2018
$
1,710

 
$
647

 
$
360

 
$
2,052

 
$
1,200

 
$
5,969

October 31, 2017
1,621

 
632

 
378

 
2,207

 
1,297

 
6,135