Selected Quarterly Financial Data (unaudited) (Notes)

12 Months Ended

Oct. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

 Selected Quarterly Financial Data (Unaudited)

The following tables provide our quarterly condensed consolidated statements of operations and financial data:

	First Quarter Ended January 31,					Second Quarter Ended April 30,
(in millions, except for per share data and stock prices)	2020			2019		2020			2019
Sales and revenues, net	$	1,838		$	2,433	$	1,925		$	2,996
Manufacturing gross margin(A)	265			407		253			455
Net income (loss) attributable to Navistar International Corporation	$	(36	)	$	11	$	(38	)	$	(48	)
Earnings (loss) per share attributable to Navistar International Corporation:
Basic(B)	$	(0.36	)	$	0.11	$	(0.38	)	$	(0.48	)
Diluted(B)	$	(0.36	)	$	0.11	$	(0.38	)	$	(0.48	)

	Third Quarter Ended July 31,					Fourth Quarter Ended October 31,
(in millions, except for per share data and stock prices)	2020			2019		2020			2019
Sales and revenues, net	$	1,675		$	3,042	$	2,065		$	2,780
Manufacturing gross margin(A)	251			495		345			459
Net income (loss) attributable to Navistar International Corporation	$	(37	)	$	156	$	(236	)	$	102
Earnings (loss) per share attributable to Navistar International Corporation:
Basic(B)	$	(0.37	)	$	1.57	$	(2.36	)	$	1.03
Diluted(B)	$	(0.37	)	$	1.56	$	(2.36	)	$	1.02

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(A) Manufacturing gross margin is calculated by subtracting Costs of products sold from Sales of manufactured products, net.

(B)

Earnings per share in each quarter is computed using the weighted-average number of shares outstanding during that quarter while earnings per share for the full year is computed using the weighted-average number of shares outstanding during the year. Thus, the sum of the four quarters earnings per share may not equal the full year earnings per share.