Revenue (Tables)

6 Months Ended

Apr. 30, 2021

Revenue from Contract with Customer [Abstract]

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 April 30, 2021
Truck products and services(A)	$	1,240	$	—	$	—	$	—	$	3	$	1,243
Truck contract manufacturing	97		—		—		—		—		97

Used trucks	102		—		—		—		—		102
Engines	—		59		114		—		—		173
Parts	1		464		15		—		—		480
Extended warranty contracts	26		—		—		—		—		26
Sales of manufactured products, net	1,466		523		129		—		3		2,121
Retail financing(B)	—		—		—		38		(2)		36
Wholesale financing(B)	—		—		—		5		—		5
Finance revenues	—		—		—		43		(2)		41
Sales and revenues, net	$	1,466	$	523	$	129	$	43	$	1	$	2,162


(in millions)	Truck		Parts		Global Operations		Financial Services		Corporate and Eliminations		Total
Six Months Ended April 30, 2021
Truck products and services(A)	$	2,254	$	—	$	—	$	—	$	5	$	2,259
Truck contract manufacturing	206		—		—		—		—		206

Used trucks	160		—		—		—		—		160
Engines	—		109		187		—		—		296
Parts	1		879		31		—		—		911
Extended warranty contracts	58		—		—		—		—		58
Sales of manufactured products, net	2,679		988		218		—		5		3,890
Retail financing(B)	—		—		—		77		(4)		73
Wholesale financing(B)	—		—		—		11		—		11
Finance revenues	—		—		—		88		(4)		84
Sales and revenues, net	$	2,679	$	988	$	218	$	88	$	1	$	3,974


(in millions)	Truck		Parts		Global Operations		Financial Services		Corporate and Eliminations		Total
Three Months Ended April 30, 2020
Truck products and services(A)	$	1,257	$	—	$	—	$	—	$	3	$	1,260
Truck contract manufacturing	59		—		—		—		—		59

Used trucks	42		—		—		—		—		42
Engines	—		49		36		—		—		85
Parts	1		393		11		—		—		405
Extended warranty contracts	26		—		—		—		—		26
Sales of manufactured products, net	1,385		442		47		—		3		1,877
Retail financing(B)	—		—		—		41		(2)		39
Wholesale financing(B)	—		—		—		9		—		9
Finance revenues	—		—		—		50		(2)		48
Sales and revenues, net	$	1,385	$	442	$	47	$	50	$	1	$	1,925


(in millions)	Truck		Parts		Global Operations		Financial Services		Corporate and Eliminations		Total
Six Months Ended April 30, 2020
Truck products and services(A)	$	2,332	$	—	$	—	$	—	$	6	$	2,338
Truck contract manufacturing	156		—		—		—		—		156

Used trucks	83		—		—		—		—		83
Engines	—		99		83		—		—		182
Parts	1		835		25		—		—		861
Extended warranty contracts	51		—		—		—		—		51
Sales of manufactured products, net	2,623		934		108		—		6		3,671
Retail financing(B)	—		—		—		78		(4)		74
Wholesale financing(B)	—		—		—		18		—		18
Finance revenues	—		—		—		96		(4)		92
Sales and revenues, net	$	2,623	$	934	$	108	$	96	$	2	$	3,763

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(A) Includes other markets primarily consisting of Bus, Export Truck and Mexico.

(B) Retail financing revenues in the Financial Services segment include interest revenue of $15 million and $29 million for the three and six months ended April 30, 2021, respectively, and $17 million and $32 million for the three and six months ended April 30, 2020, respectively. Wholesale financing revenues in the Financial Services segment include interest revenue of $5 million and $11 million for the three and six months ended April 30, 2021, respectively, and $8 million and $18 million for the three and six months ended April 30, 2020, respectively.