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Segment Reporting (Tables)
 6 Months Ended
Apr. 30, 2020
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 April 30, 2020
 
 
 
 
 
 
 
 
 
 
 
External sales and revenues, net
$
1,385

 
$
442

 
$
47

 
$
50

 
$
1

 
$
1,925

Intersegment sales and revenues
4

 
1

 
4

 
14

 
(23
)
 
—

Total sales and revenues, net
$
1,389

 
$
443

 
$
51

 
$
64

 
$
(22
)
 
$
1,925

Net income (loss) attributable to NIC
$
(51
)
 
$
103

 
$
(13
)
 
$
24

 
$
(101
)
 
$
(38
)
Income tax expense
—

 
—

 
—

 
—

 
(7
)
 
(7
)
Segment profit (loss)
$
(51
)
 
$
103

 
$
(13
)
 
$
24

 
$
(94
)
 
$
(31
)
Depreciation and amortization
$
29

 
$
2

 
$
2

 
$
15

 
$
1

 
$
49

Interest expense
—

 
—

 
—

 
20

 
43

 
63

Equity in income (loss) of non-consolidated affiliates
(2
)
 
1

 
—

 
—

 
—

 
(1
)
Capital expenditures(B)
28

 
—

 
1

 
—

 
2

 
31



(in millions)
Truck
 
Parts
 
Global Operations
 
Financial
Services(A)
 
Corporate
and
Eliminations
 
Total
Three Months Ended April 30, 2019
 
 
 
 
 
 
 
 
 
 
 
External sales and revenues, net
$
2,287

 
$
578

 
$
80

 
$
48

 
$
3

 
$
2,996

Intersegment sales and revenues
9

 
1

 
7

 
30

 
(47
)
 
—

Total sales and revenues, net
$
2,296

 
$
579

 
$
87

 
$
78

 
$
(44
)
 
$
2,996

Net income (loss) attributable to NIC
$
(74
)
 
$
144

 
$
3

 
$
32

 
$
(153
)
 
$
(48
)
Income tax benefit
—

 
—

 
—

 
—

 
1

 
1

Segment profit (loss)
$
(74
)
 
$
144

 
$
3

 
$
32

 
$
(154
)
 
$
(49
)
Depreciation and amortization
$
26

 
$
2

 
$
2

 
$
16

 
$
3

 
$
49

Interest expense
—

 
—

 
—

 
27

 
55

 
82

Equity in income of non-consolidated affiliates
2

 
—

 
—

 
—

 
1

 
3

       Capital expenditures(B)
21

 
(1
)
 
—

 
1

 
1

 
22


(in millions)
Truck
 
Parts
 
Global Operations
 
Financial
Services(A)
 
Corporate
and
Eliminations
 
Total
Six Months Ended April 30, 2020
 
 
 
 
 
 
 
 
 
 
 
External sales and revenues, net
$
2,623

 
$
934

 
$
108

 
$
96

 
$
2

 
$
3,763

Intersegment sales and revenues
8

 
2

 
11

 
25

 
(46
)
 
—

Total sales and revenues, net
$
2,631

 
$
936

 
$
119

 
$
121

 
$
(44
)
 
$
3,763

Net income (loss) attributable to NIC
$
(109
)
 
$
222

 
$
(13
)
 
$
41

 
$
(215
)
 
$
(74
)
Income tax expense
—

 
—

 
—

 
—


(2
)
 
(2
)
Segment profit (loss)
$
(109
)
 
$
222

 
$
(13
)
 
$
41

 
$
(213
)
 
$
(72
)
Depreciation and amortization
$
56

 
$
4

 
$
4

 
$
32

 
$
3

 
$
99

Interest expense
—

 
—

 
—

 
39

 
89

 
128

Equity in income (loss) of non-consolidated affiliates
(3
)
 
1

 
—

 
—

 
—

 
(2
)
Capital expenditures(B)
75

 
5

 
2

 
—

 
8

 
90


(in millions)
Truck
 
Parts
 
Global Operations
 
Financial
Services(A)
 
Corporate
and
Eliminations
 
Total
Six Months Ended April 30, 2019
 
 
 
 
 
 
 
 
 
 
 
External sales and revenues, net
$
4,063

 
$
1,124

 
$
141

 
$
95

 
$
6

 
$
5,429

Intersegment sales and revenues
30

 
3

 
19

 
57

 
(109
)
 
—

Total sales and revenues, net
$
4,093

 
$
1,127

 
$
160

 
$
152

 
$
(103
)
 
$
5,429

Net income (loss) attributable to NIC
$
16

 
$
288

 
$
9

 
$
63

 
$
(413
)
 
$
(37
)
Income tax benefit
—

 
—

 
—

 
—

 
20

 
20

Segment profit (loss)
$
16

 
$
288

 
$
9

 
$
63

 
$
(433
)
 
$
(57
)
Depreciation and amortization
$
52

 
$
3

 
$
4

 
$
32

 
$
6

 
$
97

Interest expense
—

 
—

 
—

 
56

 
111

 
167

Equity in income (loss) of non-consolidated affiliates
3

 
1

 
(1
)
 
—

 
—

 
3

Capital expenditures(B)
52

 
1

 
1

 
2

 
10

 
66

_______________________
(A)
Total sales and revenues in the Financial Services segment include interest revenues of $40 million and $75 million for the three and six months ended April 30, 2020, respectively, and $55 million and $108 million for the three and six months ended April 30, 2019, respectively.
(B)
Exclusive of purchases of equipment leased to others.
(in millions)
Truck
 
Parts
 
Global Operations
 
Financial
Services
 
Corporate
and
Eliminations
 
Total
Segment assets, as of:
 
 
 
 
 
 
 
 
 
 
 
April 30, 2020
$
1,840

 
$
648

 
$
186

 
$
2,081

 
$
1,685

 
$
6,440

October 31, 2019
1,705

 
688

 
296

 
2,774

 
1,454

 
6,917