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Segment Reporting (Tables)
 6 Months Ended
Apr. 30, 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:
 
 
 
 
 
 
 
 
 
 
 
April 30, 2018
$
1,902

 
$
632

 
$
345

 
$
2,298

 
$
1,310

 
$
6,487

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 $44 million and $85 million for the three and six months ended April 30, 2018, respectively, and $40 million and $76 million for the three and six months ended April 30, 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 April 30, 2018
 
 
 
 
 
 
 
 
 
 
 
External sales and revenues, net
$
1,688

 
$
601

 
$
89

 
$
40

 
$
4

 
$
2,422

Intersegment sales and revenues
16

 
—

 
8

 
23

 
(47
)
 
—

Total sales and revenues, net
$
1,704

 
$
601

 
$
97

 
$
63

 
$
(43
)
 
$
2,422

Income (loss) attributable to NIC, net of tax
$
42

 
$
132

 
$
1

 
$
19

 
$
(139
)
 
$
55

Income tax expense
—

 
—

 
—

 
—

 
(7
)
 
(7
)
Segment profit (loss)
$
42

 
$
132

 
$
1

 
$
19

 
$
(132
)
 
$
62

Depreciation and amortization
$
34

 
$
1

 
$
2

 
$
14

 
$
3

 
$
54

Interest expense
—

 
—

 
—

 
21

 
58

 
79

Equity in income (loss) of non-consolidated affiliates
1

 
—

 
(1
)
 
—

 
—

 
—

Capital expenditures(B)
30

 
1

 
—

 
—

 
(8
)
 
23

(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
Six Months Ended April 30, 2018
 
 
 
 
 
 
 
 
 
 
 
External sales and revenues, net
$
2,916

 
$
1,165

 
$
161

 
$
78

 
$
7

 
$
4,327

Intersegment sales and revenues
39

 
4

 
17

 
44

 
(104
)
 
—

Total sales and revenues, net
$
2,955

 
$
1,169

 
$
178

 
$
122

 
$
(97
)
 
$
4,327

Income (loss) attributable to NIC, net of tax
$
35

 
$
269

 
$
(6
)
 
$
39

 
$
(355
)
 
$
(18
)
Income tax expense
—

 
—

 
—

 
—

 
(22
)
 
(22
)
Segment profit (loss)
$
35

 
$
269

 
$
(6
)
 
$
39

 
$
(333
)
 
$
4

Depreciation and amortization
$
69

 
$
3

 
$
5

 
$
27

 
$
5

 
$
109

Interest expense
—

—

—

 
—

 
42

 
116

 
158

Equity in income (loss) of non-consolidated affiliates
1

 
1

 
(2
)
 
—

 
—

 
—

Capital expenditures(B)
55

 
1

 
1

 
—

 
(4
)
 
53

(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
 
Corporate
and
Eliminations
 
Total
Segment assets, as of:
 
 
 
 
 
 
 
 
 
 
 
April 30, 2018
$
1,902

 
$
632

 
$
345

 
$
2,298

 
$
1,310

 
$
6,487

October 31, 2017
1,621

 
632

 
378

 
2,207

 
1,297

 
6,135