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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Apr. 30, 2021
Apr. 30, 2020
Apr. 30, 2021
Apr. 30, 2020
Sales and revenues        
Sales and revenues, net $ 2,162 $ 1,925 $ 3,974 $ 3,763
Costs and expenses        
Costs of products sold 1,731 1,624 3,238 3,153
Restructuring charges 2 0 23 1
Asset impairment charges 4 13 35 13
Selling, general and administrative expenses 304 170 509 352
Engineering and product development costs 88 78 172 164
Interest expense 62 63 126 128
Other (income) expense, net (251) 2 (256) 13
Total costs and expenses 1,940 1,950 3,847 3,824
Equity in loss of non-consolidated affiliates (3) (1) (4) (2)
Income (loss) before income taxes 219 (26) 123 (63)
Income tax expense (51) (7) (33) (2)
Income (loss) from continuing operations 168 (33) 90 (65)
Income from discontinued operations, net of tax 0 0 1 0
Net income (loss) 168 (33) 91 (65)
Less: Net income attributable to non-controlling interests 5 5 9 9
Net income (loss) attributable to Navistar International Corporation common stockholders 163 (38) 82 (74)
Amounts attributable to Navistar International Corporation common stockholders:        
Income (loss) from continuing operations, net of tax 163 (38) 81 (74)
Income from discontinued operations, net of tax $ 0 $ 0 $ 1 $ 0
Basic        
Continuing operations (in dollars per share) $ 1.63 $ (0.38) $ 0.81 $ (0.74)
Discontinued operations (in dollars per share) 0 0 0.01 0
Basic (in dollars per share) 1.63 (0.38) 0.82 (0.74)
Diluted        
Continuing operations (in dollars per share) 1.63 (0.38) 0.81 (0.74)
Discontinued operation (in dollars per share) 0 0 0.01 0
Diluted (in dollars per share) $ 1.63 $ (0.38) $ 0.82 $ (0.74)
Weighted average shares outstanding:        
Basic (in shares) 99.9 99.7 99.9 99.6
Diluted (in shares) 100.2 99.7 100.2 99.6
Sales of manufactured products, net        
Sales and revenues        
Sales of manufactured products, net $ 2,121 $ 1,877 $ 3,890 $ 3,671
Financial Service        
Sales and revenues        
Finance revenues $ 41 $ 48 $ 84 $ 92