Segment Reporting (Tables)

3 Months Ended

Jan. 31, 2019

Segment Reporting [Abstract]

Schedule of selected financial information, by segment

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, 2019
External sales and revenues, net	$	1,776	$	546	$	61		$	47	$	3		$	2,433
Intersegment sales and revenues	21		2		12			27		(62		)	—
Total sales and revenues, net	$	1,797	$	548	$	73		$	74	$	(59	)	$	2,433
Net income (loss) attributable to NIC	$	90	$	144	$	6		$	31	$	(260	)	$	11
Income tax benefit	—		—		—			—		19			19
Segment profit (loss)	$	90	$	144	$	6		$	31	$	(279	)	$	(8	)
Depreciation and amortization	$	26	$	1	$	2		$	16	$	3		$	48
Interest expense	—		—		—			29		56			85
Equity in income (loss) of non-consolidated affiliates	1		1		(1		)	—		(1		)	—
Capital expenditures(B)	31		2		1			1		9			44

(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
Net income (loss) attributable to NIC	$	(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
Segment assets, as of:
January 31, 2019	$	2,031	$	676	$	316	$	2,618	$	1,396	$	7,037
October 31, 2018	2,085		636		331		2,648		1,530		7,230

(in millions)	Truck		Parts		Global Operations		Financial Services(A)		Corporate and Eliminations		Total
Segment assets, as of:
January 31, 2019	$	2,031	$	676	$	316	$	2,618	$	1,396	$	7,037
October 31, 2018	2,085		636		331		2,648		1,530		7,230

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(A) Total sales and revenues in the Financial Services segment include interest revenues of $53 million and $41 million for the three months ended January 31, 2019 and 2018, respectively.

(B) Exclusive of purchases of equipment leased to others.