Revenue (Tables)

9 Months Ended

Jul. 31, 2019

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

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 July 31, 2020
Truck products and services(A)	$	1,040	$	—	$	—	$	—	$	3		$	1,043
Truck contract manufacturing	71		—		—		—		—			71
Used trucks	42		—		—		—		—			42
Engines	—		48		35		—		—			83
Parts	1		365		11		—		—			377
Extended warranty contracts	23		—		—		—		—			23
Sales of manufactured products, net	1,177		413		46		—		3			1,639
Retail financing(C)	—		—		—		33		(3		)	30
Wholesale financing(C)	—		—		—		6		—			6
Finance revenues	—		—		—		39		(3		)	36
Sales and revenues, net	$	1,177	$	413	$	46	$	39	$	—		$	1,675

(in millions)	Truck		Parts		Global Operations		Financial Services		Corporate and Eliminations			Total
Nine Months Ended July 31, 2020
Truck products and services(A)	$	3,372	$	—	$	—	$	—	$	9		$	3,381
Truck contract manufacturing	227		—		—		—		—			227
Used trucks	125		—		—		—		—			125
Engines	—		147		118		—		—			265
Parts	2		1,200		36		—		—			1,238
Extended warranty contracts	74		—		—		—		—			74
Sales of manufactured products, net	3,800		1,347		154		—		9			5,310
Retail financing(C)	—		—		—		111		(7		)	104
Wholesale financing(C)	—		—		—		24		—			24
Finance revenues	—		—		—		135		(7		)	128
Sales and revenues, net	$	3,800	$	1,347	$	154	$	135	$	2		$	5,438

(in millions)	Truck		Parts		Global Operations		Financial Services		Corporate and Eliminations		Total
Three Months Ended July 31, 2019
Truck products and services(A)	$	2,115	$	—	$	—	$	—	$	3	$	2,118
Truck contract manufacturing	144		—		—		—		—		144
Used trucks	54		—		—		—		—		54
Engines	—		73		63		—		—		136
Parts	2		496		19		—		—		517
Extended warranty contracts	27		—		—		—		—		27
Sales of manufactured products, net	2,342		569		82		—		3		2,996
Retail financing(C)	—		—		—		35		—		35
Wholesale financing(C)	—		—		—		11		—		11
Finance revenues	—		—		—		46		—		46
Sales and revenues, net	$	2,342	$	569	$	82	$	46	$	3	$	3,042

(in millions)	Truck		Parts		Global Operations		Financial Services		Corporate and Eliminations		Total
Nine Months Ended July 31, 2019
Truck products and services(A)(B)	$	5,891	$	—	$	—	$	—	$	9	$	5,900
Truck contract manufacturing	274		—		—		—		—		274
Used trucks	151		—		—		—		—		151
Engines	—		217		168		—		—		385
Parts	4		1,476		55		—		—		1,535
Extended warranty contracts	85		—		—		—		—		85
Sales of manufactured products, net	6,405		1,693		223		—		9		8,330
Retail financing(C)	—		—		—		106		—		106
Wholesale financing(C)	—		—		—		35		—		35
Finance revenues	—		—		—		141		—		141
Sales and revenues, net	$	6,405	$	1,693	$	223	$	141	$	9	$	8,471

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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 $13 million and $44 million for the three and nine months ended July 31, 2020, respectively, and $15 million and $42 million for the three and nine months ended July 31, 2019, respectively. Wholesale financing revenues in the Financial Services segment include interest revenue of $6 million and $24 million for the three and nine months ended July 31, 2020, respectively, and $11 million and $35 million for the three and nine months ended July 31, 2019, respectively.