Revenue (Tables)

6 Months Ended

Apr. 30, 2019

Revenue from Contract with Customer [Abstract]

The following tables disaggregate our external revenue by product type:



(in millions)	Truck		Parts		Global Operations		Financial Services		Corporate and Eliminations			Total
Three Months Ended April 30, 2020
Truck products and services^(A)	$	1,257	$	—	$	—	$	—	$	3		$	1,260
Truck contract manufacturing	59		—		—		—		—			59
Used trucks	42		—		—		—		—			42
Engines	—		49		36		—		—			85
Parts	1		393		11		—		—			405
Extended warranty contracts	26		—		—		—		—			26
Sales of manufactured products, net	1,385		442		47		—		3			1,877
Retail financing^(C)	—		—		—		41		(2		)	39
Wholesale financing^(C)	—		—		—		9		—			9
Finance revenues	—		—		—		50		(2		)	48
Sales and revenues, net	$	1,385	$	442	$	47	$	50	$	1		$	1,925



(in millions)	Truck		Parts		Global Operations		Financial Services		Corporate and Eliminations			Total
Six Months Ended April 30, 2020
Truck products and services^(A)	$	2,332	$	—	$	—	$	—	$	6		$	2,338
Truck contract manufacturing	156		—		—		—		—			156
Used trucks	83		—		—		—		—			83
Engines	—		99		83		—		—			182
Parts	1		835		25		—		—			861
Extended warranty contracts	51		—		—		—		—			51
Sales of manufactured products, net	2,623		934		108		—		6			3,671
Retail financing^(C)	—		—		—		78		(4		)	74
Wholesale financing^(C)	—		—		—		18		—			18
Finance revenues	—		—		—		96		(4		)	92
Sales and revenues, net	$	2,623	$	934	$	108	$	96	$	2		$	3,763



(in millions)	Truck		Parts		Global Operations		Financial Services		Corporate and Eliminations		Total
Three Months Ended April 30, 2019
Truck products and services^(A)	$	2,099	$	—	$	—	$	—	$	3	$	2,102
Truck contract manufacturing	112		—		—		—		—		112
Used trucks	46		—		—		—		—		46
Engines	—		78		60		—		—		138
Parts	1		500		20		—		—		521
Extended warranty contracts	29		—		—		—		—		29
Sales of manufactured products, net	2,287		578		80		—		3		2,948
Retail financing^(C)	—		—		—		36		—		36
Wholesale financing^(C)	—		—		—		12		—		12
Finance revenues	—		—		—		48		—		48
Sales and revenues, net	$	2,287	$	578	$	80	$	48	$	3	$	2,996



(in millions)	Truck		Parts		Global Operations		Financial Services		Corporate and Eliminations		Total
Six Months Ended April 30, 2019
Truck products and services^(A)(B)	$	3,776	$	—	$	—	$	—	$	6	$	3,782
Truck contract manufacturing	130		—		—		—		—		130
Used trucks	97		—		—		—		—		97
Engines	—		144		105		—		—		249
Parts	2		980		36		—		—		1,018
Extended warranty contracts	58		—		—		—		—		58
Sales of manufactured products, net	4,063		1,124		141		—		6		5,334
Retail financing^(C)	—		—		—		71		—		71
Wholesale financing^(C)	—		—		—		24		—		24
Finance revenues	—		—		—		95		—		95
Sales and revenues, net	$	4,063	$	1,124	$	141	$	95	$	6	$	5,429

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(A)	Includes other markets primarily consisting of Bus, Export Truck and Mexico.


(B)	Includes military sales of $62 million. In December 2018, we completed the sale of a 70% equity interest in Navistar Defense. See Note 3, Restructuring, Impairments and Divestitures for additional information.

(C)

Retail financing revenues in the Financial Services segment include interest revenue of $17 million and $32 million for the three and six months ended April 30, 2020, respectively, and $14 million and $27 million for the three and six months ended April 30, 2019, respectively. Wholesale financing revenues in the Financial Services segment include interest revenue of $8 million and $18 million for the three and six months ended April 30, 2020, respectively, and $12 million and $24 million for the three and six months ended April 30, 2019, respectively.