Segment Reporting (Tables)

12 Months Ended

Oct. 31, 2020

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)	2020		2019		2018
Sales and revenues:
Trucks	$	5,249	$	8,496	$	7,323
Parts	1,698		2,021		2,215
Engine	388		541		552
Financial Services	168		193		160

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, 2020
External sales and revenues, net	$	5,240		$	1,841	$	242	$	177	$	3		$	7,503
Intersegment sales and revenues	72			5		11		40		(128		)	—
Total sales and revenues, net	$	5,312		$	1,846	$	253	$	217	$	(125	)	$	7,503
Income (loss) from continuing operations attributable to NIC, net of tax	$	(141	)	$	448	$	—	$	65	$	(719	)	$	(347	)
Income tax benefit	—			—		—		—		59			59
Segment profit (loss)	$	(141	)	$	448	$	—	$	65	$	(778	)	$	(406	)
Depreciation and amortization	$	116		$	6	$	6	$	65	$	6		$	199
Interest expense	—			—		—		69		199			268
Equity in income (loss) of non-consolidated affiliates	1			1		—		—		—			2
Capital expenditures(B)	124			8		3		—		13			148

(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		Corporate and Eliminations		Total
Segment assets, as of:
October 31, 2020	$	1,619	$	663	$	216	$	2,191	$	1,948	$	6,637
October 31, 2019	1,705		688		296		2,774		1,454		6,917

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(A) Total sales and revenues in the Financial Services segment include interest revenues of $130 million, $208 million, and $182 million for the years ended October 31, 2020, 2019, and 2018, 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)	2020		2019		2018
Sales and revenues:
United States	$	6,123	$	9,097	$	7,223
Canada	589		918		868
Mexico	397		688		933
Brazil	215		268		263
Other	179		280		963

	As of October 31,
(in millions)	2020		2019
Long-lived assets:(A)
United States	$	1,063	$	1,017
Canada	6		7
Mexico	252		283
Brazil	30		62
Other	3		3

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