Segment Reporting (Tables)

12 Months Ended

Oct. 31, 2019

Segment Reporting [Abstract]

Revenue from External Customers by Products and Services [Table Text Block]

Sales and revenues to external customers classified by significant products and services were as follows:

	For the Years Ended October 31,
(in millions)	2019		2018		2017
Sales and revenues:
Trucks	$	8,496	$	7,323	$	5,706
Parts	2,021		2,215		2,177
Engine	541		552		545
Financial Services	193		160		142

Schedule of selected financial information, by segment

The following tables present selected financial information for our reporting segments:

(in millions)	Truck		Parts		Global Operations			Financial Services(A)		Corporate and Eliminations			Total
Year Ended October 31, 2019
External sales and revenues, net	$	8,501	$	2,239	$	309		$	193	$	9		$	11,251
Intersegment sales and revenues	84		6		34			104		(228		)	—
Total sales and revenues, net	$	8,585	$	2,245	$	343		$	297	$	(219	)	$	11,251
Income (loss) from continuing operations attributable to NIC, net of tax	$	269	$	598	$	—		$	123	$	(769	)	$	221
Income tax expense	—		—		—			—		(19		)	(19		)
Segment profit (loss)	$	269	$	598	$	—		$	123	$	(750	)	$	240
Depreciation and amortization	$	104	$	5	$	11		$	64	$	9		$	193
Interest expense	—		—		—			105		207			312
Equity in income (loss) of non-consolidated affiliates	2		3		(1		)	—		—			4
Capital expenditures(B)	101		7		2			2		22			134

(in millions)	Truck		Parts		Global Operations			Financial Services(A)		Corporate and Eliminations			Total
Year Ended October 31, 2018
External sales and revenues, net	$	7,386	$	2,399	$	305		$	160	$	—		$	10,250
Intersegment sales and revenues	104		8		55			97		(264		)	—
Total sales and revenues, net	$	7,490	$	2,407	$	360		$	257	$	(264	)	$	10,250
Income (loss) from continuing operations attributable to NIC, net of tax	$	397	$	569	$	2		$	88	$	(716	)	$	340
Income tax expense	—		—		—			—		(52		)	(52		)
Segment profit (loss)	$	397	$	569	$	2		$	88	$	(664	)	$	392
Depreciation and amortization	$	130	$	6	$	10		$	55	$	10		$	211
Interest expense	—		—		—			92		235			327
Equity in income (loss) of non-consolidated affiliates	2		3		(5		)	—		—			—
Capital expenditures(B)	99		2		3			1		8			113

(in millions)	Truck			Parts		Global Operations			Financial Services(A)		Corporate and Eliminations			Total
Year Ended October 31, 2017
External sales and revenues, net	$	5,770		$	2,369	$	279		$	142	$	10		$	8,570
Intersegment sales and revenues	39			23		30			93		(185		)	—
Total sales and revenues, net	$	5,809		$	2,392	$	309		$	235	$	(175	)	$	8,570
Income (loss) from continuing operations attributable to NIC, net of tax	$	(6	)	$	616	$	(7	)	$	77	$	(651	)	$	29
Income tax expense	—			—		—			—		(10		)	(10		)
Segment profit (loss)	$	(6	)	$	616	$	(7	)	$	77	$	(641	)	$	39
Depreciation and amortization	$	137		$	11	$	13		$	51	$	11		$	223
Interest expense	—			—		—			86		265			351
Equity in income (loss) of non-consolidated affiliates	4			3		(1		)	—		—			6
Capital expenditures(B)	82			2		5			1		12			102

(in millions)	Truck		Parts		Global Operations		Financial Services		Corporate and Eliminations		Total
Segment assets, as of:
October 31, 2019	$	1,705	$	688	$	296	$	2,774	$	1,454	$	6,917
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 $208 million, $182 million, and $165 million for the years ended October 31, 2019, 2018, and 2017, respectively.

(B)

Exclusive of purchases of equipment leased to others

Reconciliation of Assets from Segment to Consolidated [Table Text Block]

Information concerning principal geographic areas is presented as follows:

	For the Years Ended October 31,
(in millions)	2019		2018		2017
Sales and revenues:
United States	$	9,097	$	7,223	$	6,375
Canada	918		868		708
Mexico	688		933		708
Brazil	268		263		237
Other	280		963		542

	As of October 31,
(in millions)	2019		2018
Long-lived assets:(A)
United States	$	1,017	$	1,099
Canada	7		9
Mexico	283		249
Brazil	62		73
Other	3		8

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