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0 0 rg BT 172.45 573.80 Td (T) Tj ET Q q 0 0 0 rg BT 178.29 573.80 Td ( PURSUANT) Tj ET Q q 0 0 0 rg BT 229.38 573.80 Td ( ) Tj ET Q q 0 0 0 rg BT 231.47 573.80 Td (T) Tj ET Q q 0 0 0 rg BT 237.31 573.80 Td (O SECTION13 or) Tj ET Q q 0 0 0 rg BT 308.90 573.80 Td ( 15\(d\) OF) Tj ET Q q 0 0 0 rg BT 345.57 573.80 Td ( ) Tj ET Q q 0 0 0 rg BT 347.65 573.80 Td (THE SECURITIES EXCHANGE ) Tj ET Q q 0 0 0 rg BT 479.44 573.80 Td (ACT) Tj ET Q q 0 0 0 rg BT 498.28 573.80 Td ( OF) Tj ET Q q 0 0 0 rg BT 512.69 573.80 Td ( 1934) Tj ET Q BT /F1 10.00 Tf ET BT /F2 8.00 Tf ET q 0 0 0 rg BT 227.00 559.30 Td (For) Tj ET Q q 0 0 0 rg BT 239.29 559.30 Td ( the transition period fr) Tj ET Q q 0 0 0 rg BT 319.59 559.30 Td (om _____ to _____. ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 248.70 549.70 Td (Commission file number) Tj ET Q q 0 0 0 rg BT 338.56 549.70 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.56 549.70 Td (1-9618) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 363.22 549.70 Td ( ) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 229.50 542.50 Td (___________________________________________________) Tj ET Q /GS0 gs q 240.00 0 0 32.00 186.00 505.50 cm /I3 Do Q BT /F1 10.00 Tf ET BT /F2 22.00 Tf ET q 0 0 0 rg BT 69.65 479.10 Td (NA) Tj ET Q q 0 0 0 rg BT 98.59 479.10 Td (VIST) Tj ET Q q 0 0 0 rg BT 148.32 479.10 Td (AR INTERNA) Tj ET Q q 0 0 0 rg BT 285.42 479.10 Td (TIONAL) Tj ET Q q 0 0 0 rg BT 371.00 479.10 Td ( CORPORA) Tj ET Q q 0 0 0 rg BT 486.08 479.10 Td (TION) Tj ET Q BT /F2 22.00 Tf ET q 0 0 0 rg BT 542.32 479.10 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 217.60 469.50 Td (\(Exact name of r) Tj ET Q q 0 0 0 rg BT 274.55 469.50 Td (egistrant as specified in its charter\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.50 457.50 Td (_______________________________________________) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 182.35 439.08 Td (Delawar) Tj ET Q q 0 0 0 rg BT 211.16 439.08 Td (e) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 385.65 439.08 Td (36-3359573) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 119.35 428.08 Td (\(State or) Tj ET Q q 0 0 0 rg BT 148.82 428.08 Td ( other) Tj ET Q q 0 0 0 rg BT 168.89 428.08 Td ( jurisdiction of incorporation or) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 175.60 420.13 Td (organization\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 343.85 428.08 Td (\(I.R.S. Employer) Tj ET Q q 0 0 0 rg BT 401.56 428.08 Td ( Identification No.\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 164.35 412.68 Td (2701 Navistar) Tj ET Q q 0 0 0 rg BT 211.53 412.68 Td ( Drive) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.00 412.23 Td (60532) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 179.05 400.08 Td (Lisle) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 201.50 400.08 Td (Illinois) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 132.35 389.08 Td (\(Addr) Tj ET Q q 0 0 0 rg BT 153.17 389.08 Td (ess of principal executive offices\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.40 389.08 Td (\(Zip Code\)) Tj ET Q BT /F1 10.00 Tf ET BT /F2 8.00 Tf ET q 0 0 0 rg BT 191.00 378.50 Td (Registrant) Tj ET Q q 0 0 0 rg BT 229.36 378.50 Td (s telephone number) Tj ET Q q 0 0 0 rg BT 295.74 378.50 Td (, including ar) Tj ET Q q 0 0 0 rg BT 341.16 378.50 Td (ea code: \() Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.59 378.50 Td (331) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 385.59 378.50 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.25 378.50 Td (332-5000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 420.92 378.50 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 208.35 365.90 Td (Securities r) Tj ET Q q 0 0 0 rg BT 247.08 365.90 Td (egister) Tj ET Q q 0 0 0 rg BT 269.59 365.90 Td (ed pursuant to Section 12\(b\) of the ) Tj ET Q q 0 0 0 rg BT 388.93 365.90 Td (Act:) Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 54.5 346.68007812499997 m 114.56640625 346.68007812499997 l s q 0 0 0 rg BT 54.50 347.93 Td (T) Tj ET Q q 0 0 0 rg BT 59.69 347.93 Td (itle of each class) Tj ET Q BT /F1 8.00 Tf ET 0 0 0 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 114.56640625 346.86562499999997 m 116.56640625 346.86562499999997 l s q 0 0 0 rg BT 114.57 347.93 Td () Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 313.5 346.68007812499997 m 377.140625 346.68007812499997 l s q 0 0 0 rg BT 313.50 347.93 Td (T) Tj ET Q q 0 0 0 rg BT 318.54 347.93 Td (rading Symbol\(s\)) Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 392.5 346.68007812499997 m 541.0703125 346.68007812499997 l s q 0 0 0 rg BT 392.50 347.93 Td (Name of each exchange on which r) Tj ET Q q 0 0 0 rg BT 510.56 347.93 Td (egister) Tj ET Q q 0 0 0 rg BT 533.07 347.93 Td (ed) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 54.50 337.40 Td (Common stock \(par value $0.10\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 341.90 337.40 Td (NA) Tj ET Q q 0 0 0 rg BT 352.94 337.40 Td (V) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 392.50 337.40 Td (New ) Tj ET Q q 0 0 0 rg BT 409.46 337.40 Td (Y) Tj ET Q q 0 0 0 rg BT 414.69 337.40 Td (ork Stock Exchange) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 54.50 327.40 Td (Cumulative convertible junior preference stock, SeriesD \(par value $1.00\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 335.75 327.40 Td (NA) Tj ET Q q 0 0 0 rg BT 346.27 327.40 Td (V) Tj ET Q q 0 0 0 rg BT 351.32 327.40 Td (-PD) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 392.50 327.40 Td (New ) Tj ET Q q 0 0 0 rg BT 409.31 327.40 Td (Y) Tj ET Q q 0 0 0 rg BT 414.29 327.40 Td (ork Stock Exchange) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 198.70 316.30 Td (Securities r) Tj ET Q q 0 0 0 rg BT 237.43 316.30 Td (egister) Tj ET Q q 0 0 0 rg BT 259.94 316.30 Td (ed pursuant to Section12\(g\) of the ) Tj ET Q q 0 0 0 rg BT 378.83 316.30 Td (Act: None ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 301.30 Td (Indicate by check mark if the registrant is a well-known seasoned issuer) Tj ET Q q 0 0 0 rg BT 279.55 301.30 Td (, as defined in Rule405 of the Securities ) Tj ET Q q 0 0 0 rg BT 411.07 301.30 Td (Act.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 432.33 301.30 Td (Y) Tj ET Q q 0 0 0 rg BT 437.30 301.30 Td (es) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 443.97 301.30 Td () Tj ET Q BT /F3 10.00 Tf ET /GS0 gs q 7.34 0 0 10.38 447.97 299.20 cm /I4 Do Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.31 301.30 Td (No ) Tj ET Q BT /F3 10.00 Tf ET /GS0 gs q 7.34 0 0 10.38 479.08 299.20 cm /I5 Do Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 486.42 301.30 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 286.30 Td (Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or Section15\(d\) of the ) Tj ET Q q 0 0 0 rg BT 418.29 286.30 Td (Act.) Tj ET Q q 0 0 0 rg BT 439.54 286.30 Td (Y) Tj ET Q q 0 0 0 rg BT 444.52 286.30 Td (es) Tj ET Q BT /F3 10.00 Tf ET /GS0 gs q 7.34 0 0 10.38 455.18 284.20 cm /I6 Do Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 462.52 286.30 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 470.52 286.30 Td (No) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.30 286.30 Td () Tj ET Q BT /F3 10.00 Tf ET /GS0 gs q 7.34 0 0 10.38 484.30 284.20 cm /I7 Do Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 273.70 Td (Indicate by check mark whether the registrant \(1\)has filed all reports required to be filed by Section13 or 15\(d\) of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 497.12 273.70 Td (Act of 1934 during ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 264.10 Td (the preceding 12months \(or for such shorter period that the registrant was required to file such reports\) and \(2\)has been subject to such filing requirements for ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 252.10 Td (the past 90days.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 110.53 252.10 Td (Y) Tj ET Q q 0 0 0 rg BT 115.50 252.10 Td (es) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 122.17 252.10 Td () Tj ET Q BT /F3 10.00 Tf ET /GS0 gs q 7.34 0 0 10.38 126.17 250.00 cm /I8 Do Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 133.51 252.10 Td (No) Tj ET Q BT /F3 10.00 Tf ET /GS0 gs q 7.34 0 0 10.38 155.28 250.00 cm /I9 Do Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 239.50 Td (Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 229.90 Td (Regulation S-T) Tj ET Q q 0 0 0 rg BT 98.46 229.90 Td ( \( 232.405 of this chapter\) during the preceding 12 months \(or for such shorter period that the registrant was required to submit such ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 217.90 Td (files\).) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 75.64 217.90 Td (Y) Tj ET Q q 0 0 0 rg BT 80.62 217.90 Td (es) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 87.28 217.90 Td () Tj ET Q BT /F3 10.00 Tf ET /GS0 gs q 7.34 0 0 10.38 91.28 215.80 cm /I10 Do Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 98.62 217.90 Td (No) Tj ET Q BT /F3 10.00 Tf ET /GS0 gs q 7.34 0 0 10.38 120.40 215.80 cm /I11 Do Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 206.80 Td (Indicate by check mark whether the registrant is a lar) Tj ET Q q 0 0 0 rg BT 219.28 206.80 Td (ge accelerated filer) Tj ET Q q 0 0 0 rg BT 279.80 206.80 Td (, an accelerated filer) Tj ET Q q 0 0 0 rg BT 344.32 206.80 Td (, a non-accelerated filer) Tj ET Q q 0 0 0 rg BT 419.50 206.80 Td (, a smaller reporting company or an ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 197.20 Td (emer) Tj ET Q q 0 0 0 rg BT 65.34 197.20 Td (ging growth company) Tj ET Q q 0 0 0 rg BT 135.04 197.20 Td (. See the definitions of "lar) Tj ET Q q 0 0 0 rg BT 220.80 197.20 Td (ge accelerated filer) Tj ET Q q 0 0 0 rg BT 281.32 197.20 Td (," "accelerated filer) Tj ET Q q 0 0 0 rg BT 342.82 197.20 Td (," "smaller reporting company" and "emer) Tj ET Q q 0 0 0 rg BT 477.47 197.20 Td (ging growth company" in ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 187.60 Td (Rule12b-2 of the Exchange ) Tj ET Q q 0 0 0 rg BT 140.81 187.60 Td (Act. ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 169.05 Td (Lar) Tj ET Q q 0 0 0 rg BT 63.53 169.05 Td (ge accelerated filer) Tj ET Q /GS0 gs q 7.13 0 0 7.81 204.50 166.79 cm /I12 Do Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 247.50 169.05 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 413.50 169.05 Td (Acceleratedfiler) Tj ET Q /GS0 gs q 7.34 0 0 9.38 538.50 165.27 cm /I13 Do Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 157.05 Td (Non-accelerated filer) Tj ET Q /GS0 gs q 7.34 0 0 9.38 204.50 153.27 cm /I14 Do Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 247.50 157.05 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 413.50 157.05 Td (Smallerreportingcompany) Tj ET Q /GS0 gs q 7.34 0 0 9.38 538.50 153.27 cm /I15 Do Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 247.50 145.05 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 413.50 145.05 Td (Emer) Tj ET Q q 0 0 0 rg BT 430.68 145.05 Td (ging growth company) Tj ET Q /GS0 gs q 7.34 0 0 9.38 538.50 141.27 cm /I16 Do Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 129.00 Td (If an emer) Tj ET Q q 0 0 0 rg BT 82.22 129.00 Td (ging growth company) Tj ET Q q 0 0 0 rg BT 151.91 129.00 Td (, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 119.40 Td (revised ) Tj ET Q q 0 0 0 rg BT 74.60 119.40 Td (financial ) Tj ET Q q 0 0 0 rg BT 104.59 119.40 Td (accounting ) Tj ET Q q 0 0 0 rg BT 141.68 119.40 Td (standards ) Tj ET Q q 0 0 0 rg BT 173.90 119.40 Td (provided ) Tj ET Q q 0 0 0 rg BT 204.34 119.40 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 233.89 119.40 Td (to ) Tj ET Q q 0 0 0 rg BT 242.11 119.40 Td (Section ) Tj ET Q q 0 0 0 rg BT 268.11 119.40 Td (13\(a\) ) Tj ET Q q 0 0 0 rg BT 286.98 119.40 Td (of ) Tj ET Q q 0 0 0 rg BT 295.65 119.40 Td (the ) Tj ET Q q 0 0 0 rg BT 307.42 119.40 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 340.52 119.40 Td (Act. ) Tj ET Q q 0 0 0 rg BT 356.07 119.40 Td ( ) Tj ET Q q 0 0 0 rg BT 358.07 119.40 Td ( ) Tj ET Q /GS0 gs q 6.22 0 0 8.27 360.07 117.67 cm /I17 Do Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 108.30 Td (Indicate by check mark whether the registrant is a shell company \(as defined in Rule12b-2 of the ) Tj ET Q q 0 0 0 rg BT 362.73 108.30 Td (Act\).) Tj ET Q q 0 0 0 rg BT 386.65 108.30 Td (Y) Tj ET Q q 0 0 0 rg BT 391.63 108.30 Td (es) Tj ET Q BT /F1 8.00 Tf ET /GS0 gs q 6.22 0 0 8.27 402.29 106.57 cm /I18 Do Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 408.51 108.30 Td (No) Tj ET Q /GS0 gs q 7.13 0 0 8.27 430.29 106.57 cm /I19 Do Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 97.20 Td (As of ) Tj ET Q q 0 0 0 rg BT 68.61 97.20 Td (April 30, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.50 97.20 Td (2019) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 115.50 97.20 Td (, the aggregate market value of common stock held by non-af) Tj ET Q q 0 0 0 rg BT 311.95 97.20 Td (filiates of the registrant was approximately ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 451.02 97.20 Td ($1,637 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 498.13 97.20 Td (.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 84.60 Td (As of November 30, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 116.82 84.60 Td (2019) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 132.82 84.60 Td (, the number of shares outstanding of the registrant) Tj ET Q q 0 0 0 rg BT 297.89 84.60 Td (s common stock was) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 364.33 84.60 Td ( ) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 366.33 84.60 Td (99,235,946) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 402.33 84.60 Td (, net of treasury shares. ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 72.00 Td (Documents incorporated by reference: Portions of the Company's proxy statement for the ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.53 72.00 Td (2020) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 353.53 72.00 Td ( annual meeting of stockholders scheduled to be held on ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 62.40 Td (February25, 2020) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 108.38 62.40 Td ( are incorporated by reference in PartIII.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 48.89999999999998 m 150 48.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 44.89999999999998 m 150 44.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 150 48.89999999999998 m 250 48.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 150 44.89999999999998 m 250 44.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250 48.89999999999998 m 350 48.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250 44.89999999999998 m 350 44.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 48.89999999999998 m 450 48.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 44.89999999999998 m 450 44.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450 48.89999999999998 m 562 48.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450 44.89999999999998 m 562 44.89999999999998 l s BT /F1 10.00 Tf ET endstream endobj 5 0 obj <><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>] /Rotate 0 /Contents 6 0 R>> endobj 6 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 33.60 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 146.45 740.25 Td ( NA) Tj ET Q q 0 0 0 rg BT 207.10 740.25 Td (VIST) Tj ET Q q 0 0 0 rg BT 229.71 740.25 Td (AR INTERNA) Tj ET Q q 0 0 0 rg BT 292.03 740.25 Td (TIONAL) Tj ET Q q 0 0 0 rg BT 330.93 740.25 Td ( CORPORA) Tj ET Q q 0 0 0 rg BT 383.24 740.25 Td (TION FORM 10-K) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 252.65 728.25 Td (T) Tj ET Q q 0 0 0 rg BT 258.58 728.25 Td (ABLE OF) Tj ET Q q 0 0 0 rg BT 301.82 728.25 Td ( CONTENTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 708.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.50 708.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.75 708.32 Td (Page) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 288.80 694.43 Td (P) Tj ET Q q 0 0 0 rg BT 294.54 694.43 Td (AR) Tj ET Q q 0 0 0 rg BT 308.43 694.43 Td (T) Tj ET Q q 0 0 0 rg BT 314.84 694.43 Td ( I) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 679.42 Td (Item1.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 96.50 679.42 Td (Business) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.00 679.32 Td (.............................................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 664.42 Td (Item 1A.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 96.50 664.42 Td (Risk Factors) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.00 664.32 Td (.......................................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 649.42 Td (Item 1B.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 96.50 649.42 Td (Unresolved Staf) Tj ET Q q 0 0 1 rg BT 161.03 649.42 Td (f Comments) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.50 649.32 Td (..............................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 634.42 Td (Item 2.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 96.50 634.42 Td (Properties) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.00 634.32 Td (...........................................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 619.42 Td (Item 3.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 96.50 619.42 Td (Legal Proceedings) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.50 619.32 Td (..............................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 604.42 Td (Item 4.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 96.50 604.42 Td (Mine Safety Disclosures) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.50 604.32 Td (....................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 286.85 574.43 Td (P) Tj ET Q q 0 0 0 rg BT 292.59 574.43 Td (AR) Tj ET Q q 0 0 0 rg BT 306.48 574.43 Td (T) Tj ET Q q 0 0 0 rg BT 312.89 574.43 Td (II) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 550.42 Td (Item5.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 96.50 560.32 Td (Market for Registrant's Common Equity) Tj ET Q q 0 0 1 rg BT 257.08 560.32 Td (, Related Stockholder Matters and Issuer Purchases of Equity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 1 rg BT 96.50 550.32 Td (Securities) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.50 550.32 Td (............................................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 535.42 Td (Item6.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 96.50 535.42 Td (Selected Financial Data) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.50 535.32 Td (......................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 520.42 Td (Item7.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 96.50 520.42 Td (Management's Discussion and ) Tj ET Q q 0 0 1 rg BT 219.67 520.42 Td (Analysis of Financial Condition and Results of Operations) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 520.32 Td (.............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 505.42 Td (Item 7A.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 96.50 505.42 Td (Quantitative and Qualitative Disclosures about Market Risk) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.50 505.32 Td (............................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 490.42 Td (Item 8.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 96.50 490.42 Td (Financial Statements and Supplementary Data) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.50 490.32 Td (..................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 475.42 Td (Item9.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 96.50 475.42 Td (Changes in and Disagreements with ) Tj ET Q q 0 0 1 rg BT 242.31 475.42 Td (Accountants on ) Tj ET Q q 0 0 1 rg BT 306.74 475.42 Td (Accounting and Financial Disclosure) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.50 475.32 Td (............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 461.32 Td (Item9A.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 96.50 461.32 Td (Controls and Procedures) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.50 461.32 Td (....................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 446.42 Td (Item 9B.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 96.50 446.42 Td (Other Information) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.50 446.32 Td (..............................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 284.90 416.43 Td (P) Tj ET Q q 0 0 0 rg BT 290.64 416.43 Td (AR) Tj ET Q q 0 0 0 rg BT 304.53 416.43 Td (T) Tj ET Q q 0 0 0 rg BT 310.94 416.43 Td (III) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 401.42 Td (Item 10.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 96.50 401.42 Td (Directors, Executive Of) Tj ET Q q 0 0 1 rg BT 191.56 401.42 Td (ficers, and Corporate Governance) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.50 401.32 Td (................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 386.42 Td (Item 1) Tj ET Q q 0 0 0 rg BT 77.14 386.42 Td (1.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 96.50 386.42 Td (Executive Compensation) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.00 386.32 Td (...................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 371.42 Td (Item 12.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 96.50 371.42 Td (Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 371.32 Td (.........) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 356.42 Td (Item 13.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 96.50 356.42 Td (Certain Relationships and Related ) Tj ET Q q 0 0 1 rg BT 235.18 356.42 Td (T) Tj ET Q q 0 0 1 rg BT 240.93 356.42 Td (ransactions, and Director Independence) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.50 356.32 Td (..................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 341.42 Td (Item 14.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 96.50 341.42 Td (Principal ) Tj ET Q q 0 0 1 rg BT 134.55 341.42 Td (Accounting Fees and Services) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.50 341.32 Td (............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 285.30 311.43 Td (P) Tj ET Q q 0 0 0 rg BT 290.67 311.43 Td (AR) Tj ET Q q 0 0 0 rg BT 304.76 311.43 Td (T) Tj ET Q q 0 0 0 rg BT 311.25 311.43 Td (IV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 296.42 Td (Item 15.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 96.50 296.42 Td (Exhibits and Financial Statement Schedules) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.00 296.32 Td (.....................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 281.42 Td (Item 16.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 96.50 281.42 Td (Summary) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.50 281.32 Td (............................................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 96.50 266.42 Td (Signatures) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.00 266.32 Td (...........................................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 236.43 Td (EXHIBIT) Tj ET Q q 0 0 0 rg BT 94.11 236.43 Td ( INDEX:) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 96.5 220.08339843750002 m 133.443359375 220.08339843750002 l s q 0 0 1 rg BT 96.50 221.42 Td (Exhibit 3) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 96.5 205.08339843750002 m 133.443359375 205.08339843750002 l s q 0 0 1 rg BT 96.50 206.42 Td (Exhibit 4) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 96.5 190.08339843750002 m 138.443359375 190.08339843750002 l s q 0 0 1 rg BT 96.50 191.42 Td (Exhibit 10) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 96.5 175.08339843750002 m 138.443359375 175.08339843750002 l s q 0 0 1 rg BT 96.50 176.42 Td (Exhibit 21) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 96.5 160.08339843750002 m 145.943359375 160.08339843750002 l s q 0 0 1 rg BT 96.50 161.42 Td (Exhibit 23.1) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 96.5 145.08339843750002 m 138.443359375 145.08339843750002 l s q 0 0 1 rg BT 96.50 146.42 Td (Exhibit 24) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 96.5 130.08339843750002 m 145.943359375 130.08339843750002 l s q 0 0 1 rg BT 96.50 131.42 Td (Exhibit 31.1) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 96.5 115.08339843750002 m 145.943359375 115.08339843750002 l s q 0 0 1 rg BT 96.50 116.42 Td (Exhibit 31.2) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 96.5 100.08339843750002 m 145.943359375 100.08339843750002 l s q 0 0 1 rg BT 96.50 101.42 Td (Exhibit 32.1) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 96.5 85.08339843750002 m 145.943359375 85.08339843750002 l s q 0 0 1 rg BT 96.50 86.42 Td (Exhibit 32.2) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 96.5 70.08339843750002 m 145.943359375 70.08339843750002 l s q 0 0 1 rg BT 96.50 71.42 Td (Exhibit 99.1) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 545.00 679.42 Td (5) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 542.50 664.42 Td (13) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 542.50 649.42 Td (20) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 542.50 634.42 Td (20) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 542.50 619.42 Td (21) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 542.50 604.42 Td (21) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 542.50 550.42 Td (22) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 542.50 535.42 Td (24) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 542.50 520.42 Td (25) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 542.50 505.42 Td (49) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 542.50 490.42 Td (50) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 540.00 475.42 Td (125) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 540.00 461.32 Td (125) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 540.00 446.42 Td (125) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 540.00 401.42 Td (126) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 540.00 386.42 Td (126) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 540.00 371.42 Td (126) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 540.00 356.42 Td (126) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 540.00 341.42 Td (126) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 540.00 296.42 Td (127) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 540.00 281.42 Td (127) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 540.00 266.42 Td (128) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 7 0 obj <> endobj 8 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 33.60 Td (3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 195.65 728.25 Td (Disclosur) Tj ET Q q 0 0 0 rg BT 235.47 728.25 Td (e Regarding Forward-Looking Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 710.25 Td (Information provided and statements contained in this report that are not purely historical are forward-looking statements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 698.25 Td (within the meaning of the federal securities laws. Such forward-looking statements only speak as of the date of this report and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 686.25 Td (Navistar International Corporation assumes no obligation to update the information included in this report.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 668.25 Td (Such forward-looking statements include, but are not limited to, statements concerning:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 656.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 656.25 Td (estimates we have made in preparing our financial statements;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 641.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 641.25 Td (the implementation of, and expected benefits from, our strategic alliance with ) Tj ET Q q 0 0 0 rg BT 398.26 641.25 Td (TRA) Tj ET Q q 0 0 0 rg BT 417.16 641.25 Td (T) Tj ET Q q 0 0 0 rg BT 423.08 641.25 Td (ON SE and certain of its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 629.25 Td (subsidiaries and af) Tj ET Q q 0 0 0 rg BT 159.74 629.25 Td (filiates \("TRA) Tj ET Q q 0 0 0 rg BT 215.76 629.25 Td (T) Tj ET Q q 0 0 0 rg BT 221.69 629.25 Td (ON Group"\);) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 614.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 614.25 Td (our development and launch of new products and technologies;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 599.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 599.25 Td (anticipated sales, volume, demand, markets for our products, and financial performance;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 584.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 584.25 Td (anticipated performance and benefits of our products and technologies;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 569.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 569.25 Td (our business strategies relating to, and our ability to meet, federal and state regulatory heavy-duty diesel emissions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 557.25 Td (standards applicable to certain of our engines, including the timing and costs of compliance and consequences of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 545.25 Td (noncompliance with such standards, as well as our ability to meet other federal, state and foreign regulatory ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 533.25 Td (requirements;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 518.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 518.25 Td (our business strategies and short-term and long-term goals, and activities to accomplish such strategies and goals; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 503.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 503.25 Td (our ability to implement our strategy as well as the results we expect to achieve from the implementation of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 491.25 Td (strategy;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 476.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 476.25 Td (our expectations related to new product launches;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 461.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 461.25 Td (anticipated results from acquisitions, dispositions, strategic alliances, and joint ventures we complete;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 446.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 446.25 Td (our expectations and estimates relating to restructuring activities, including restructuring char) Tj ET Q q 0 0 0 rg BT 459.37 446.25 Td (ges and timing of cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 434.25 Td (payments related thereto, and operational flexibility) Tj ET Q q 0 0 0 rg BT 292.00 434.25 Td (, savings, and ef) Tj ET Q q 0 0 0 rg BT 356.53 434.25 Td (ficiencies from such restructurings;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 419.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 419.25 Td (our expectations relating to debt refinancing activities;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 404.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 404.25 Td (our expectations relating to the potential ef) Tj ET Q q 0 0 0 rg BT 256.93 404.25 Td (fects of anticipated divestitures and closures of businesses;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 389.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 389.25 Td (our expectations relating to our cost-reduction actions and actions to reduce discretionary spending;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 374.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 374.25 Td (our expectations relating to our ability to service our long-term debt;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 359.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 359.25 Td (our expectations relating to our wholesale and retail finance receivables and revenues;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 344.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 344.25 Td (liabilities resulting from environmental, health and safety laws and regulations;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 329.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 329.25 Td (our anticipated capital expenditures;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 314.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 314.25 Td (our expectations relating to payments of taxes;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 299.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 299.25 Td (our expectations relating to warranty costs;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 284.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 284.25 Td (our expectations relating to interest expense;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 269.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 269.25 Td (our expectations relating to impairment of goodwill, other intangible assets and property) Tj ET Q q 0 0 0 rg BT 438.65 269.25 Td (, plant and equipment;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 254.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 254.25 Td (costs relating to litigation and similar matters;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 239.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 239.25 Td (estimates relating to pension plan contributions and unfunded pension and postretirement benefits;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 224.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 224.25 Td (our expectations relating to commodity price risk, including the impact of tarif) Tj ET Q q 0 0 0 rg BT 399.67 224.25 Td (f increases or potential new tarif) Tj ET Q q 0 0 0 rg BT 528.61 224.25 Td (fs; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 209.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 209.25 Td (anticipated trends, expectations, and outlook relating to matters af) Tj ET Q q 0 0 0 rg BT 349.12 209.25 Td (fecting our financial condition or results of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 197.25 Td (operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.25 Td (These statements often include words such as "believe," "expect," "anticipate," "intend," "plan," "estimate," or similar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.25 Td (expressions. ) Tj ET Q q 0 0 0 rg BT 100.98 167.25 Td (These statements are not guarantees of performance or results and they involve risks, uncertainties, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.25 Td (assumptions. ) Tj ET Q q 0 0 0 rg BT 103.40 155.25 Td (Although we believe that these forward-looking statements are based on reasonable assumptions, there are many ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 143.25 Td (factors that could af) Tj ET Q q 0 0 0 rg BT 129.01 143.25 Td (fect our results of operations and could cause actual results to dif) Tj ET Q q 0 0 0 rg BT 388.46 143.25 Td (fer materially from those in the forward-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 131.25 Td (looking statements. Factors that could cause or contribute to dif) Tj ET Q q 0 0 0 rg BT 303.70 131.25 Td (ferences in our future financial results include those discussed in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 119.25 Td (Item1A, Risk Factors, set forth in Part I, as well as those factors discussed elsewhere in this report. ) Tj ET Q q 0 0 0 rg BT 449.14 119.25 Td (All future written and oral ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 107.25 Td (forward-looking statements by us or persons acting on our behalf are expressly qualified in their entirety by the cautionary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 95.25 Td (statements contained herein or referred to above. Except for our ongoing obligations to disclose material information as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 83.25 Td (required by the federal securities laws, we do not have any obligations or intention to release publicly any revisions to any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.25 Td (forward-looking statements to reflect events or circumstances in the future or to reflect the occurrence of unanticipated events.) Tj ET Q endstream endobj 9 0 obj <> endobj 10 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 33.60 Td (4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 258.70 740.25 Td (A) Tj ET Q q 0 0 0 rg BT 265.18 740.25 Td (vailable Information) Tj ET Q BT /F1 9.90 Tf ET q 0 0 0 rg BT 49.50 722.35 Td (W) Tj ET Q q 0 0 0 rg BT 58.05 722.35 Td (e are subject to the reporting and information requirements of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 401.41 722.35 Td (Act of 1934, as amended \(the ) Tj ET Q BT /F1 9.90 Tf ET q 0 0 0 rg BT 49.50 710.50 Td ("Exchange ) Tj ET Q q 0 0 0 rg BT 94.50 710.50 Td (Act"\) and as a result, are obligated to file annual, quarterly) Tj ET Q q 0 0 0 rg BT 326.06 710.50 Td (, and current reports, proxy statements, and other ) Tj ET Q BT /F1 9.90 Tf ET q 0 0 0 rg BT 49.50 698.50 Td (information with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.36 698.50 Td (United States \("U.S."\) Securities and Exchange Commission \("SEC"\)) Tj ET Q BT /F1 9.90 Tf ET q 0 0 0 rg BT 411.60 698.50 Td (. ) Tj ET Q q 0 0 0 rg BT 416.37 698.50 Td (W) Tj ET Q q 0 0 0 rg BT 424.92 698.50 Td (e make these filings available free ) Tj ET Q BT /F1 9.90 Tf ET q 0 0 0 rg BT 49.50 686.60 Td (of char) Tj ET Q q 0 0 0 rg BT 77.08 686.60 Td (ge on our website \(http://www) Tj ET Q q 0 0 0 rg BT 197.42 686.60 Td (.navistar) Tj ET Q q 0 0 0 rg BT 230.68 686.60 Td (.com\) as soon as reasonably practicable after we electronically file them with, or ) Tj ET Q BT /F1 9.90 Tf ET q 0 0 0 rg BT 49.50 674.60 Td (furnish them to, the SEC. Information on our website does not constitute part of this ) Tj ET Q q 0 0 0 rg BT 384.68 674.60 Td (Annual) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.83 674.60 Td ( Report on Form10-K) Tj ET Q BT /F1 9.90 Tf ET q 0 0 0 rg BT 503.27 674.60 Td (. In addition, ) Tj ET Q BT /F1 9.90 Tf ET q 0 0 0 rg BT 49.50 662.75 Td (the SEC maintains a website \(http://www) Tj ET Q q 0 0 0 rg BT 213.01 662.75 Td (.sec.gov\) that contains our annual, quarterly) Tj ET Q q 0 0 0 rg BT 386.11 662.75 Td (, and current reports, proxy and information ) Tj ET Q BT /F1 9.90 Tf ET q 0 0 0 rg BT 49.50 650.85 Td (statements, and other information we electronically file with, or furnish to, the SEC. ) Tj ET Q endstream endobj 11 0 obj <> endobj 12 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 33.60 Td (5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.80 740.25 Td (P) Tj ET Q q 0 0 0 rg BT 295.17 740.25 Td (AR) Tj ET Q q 0 0 0 rg BT 309.26 740.25 Td (T) Tj ET Q q 0 0 0 rg BT 315.75 740.25 Td ( I) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.50 719.25 Td (Item1.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.49 719.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 104.50 719.25 Td (Business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.25 Td (Navistar International Corporation \("NIC"\), incorporated under the laws of the State of Delaware in 1993, is a holding company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.25 Td (whose principal operating entities are Navistar) Tj ET Q q 0 0 0 rg BT 235.42 689.25 Td (, Inc. \("NI"\) and Navistar Financial Corporation \("NFC"\). References herein to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.25 Td (the "Company) Tj ET Q q 0 0 0 rg BT 106.54 677.25 Td (," "we," "our) Tj ET Q q 0 0 0 rg BT 157.45 677.25 Td (," or "us" refer to NIC and its consolidated subsidiaries, including certain variable interest entities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.25 Td (\("VIEs"\) of which we are the primary beneficiary) Tj ET Q q 0 0 0 rg BT 247.21 665.25 Td (. ) Tj ET Q q 0 0 0 rg BT 252.02 665.25 Td (W) Tj ET Q q 0 0 0 rg BT 260.66 665.25 Td (e report our annual results for our fiscal year) Tj ET Q q 0 0 0 rg BT 438.52 665.25 Td (, which ends ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.29 665.25 Td (October 31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.00 665.25 Td (. ) Tj ET Q q 0 0 0 rg BT 540.45 665.25 Td (As ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.25 Td (such, all references to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.18 653.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.18 653.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.18 653.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.18 653.25 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.12 653.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.12 653.25 Td ( contained within this ) Tj ET Q q 0 0 0 rg BT 314.44 653.25 Td (Annual Report on Form10-K relate to the applicable fiscal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.25 Td (year unless otherwise indicated.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 620.25 Td (Overview ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 601.05 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 601.05 Td (e are an international manufacturer of International) Tj ET Q BT /F1 7.00 Tf ET BT /F1 4.55 Tf ET q 0 0 0 rg BT 262.48 604.22 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.94 601.05 Td ( brand commercial trucks, proprietary diesel engines, and IC Bus) Tj ET Q BT /F1 11.00 Tf ET BT /F1 7.15 Tf ET q 0 0 0 rg BT 526.14 606.03 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.57 601.05 Td ( \("IC"\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 589.05 Td (brand school and commercial buses, as well as a provider of service parts for trucks and diesel engines. ) Tj ET Q q 0 0 0 rg BT 464.74 589.05 Td (W) Tj ET Q q 0 0 0 rg BT 473.38 589.05 Td (e also provide retail, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 577.05 Td (wholesale, and lease financing services for our trucks and parts. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 556.05 Td (Our Products and Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 538.05 Td (Our principal products and services include:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 58.50 520.05 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 520.05 Td (T) Tj ET Q q 0 0 0 rg BT 77.93 520.05 Td (rucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.82 520.05 Td (W) Tj ET Q q 0 0 0 rg BT 120.46 520.05 Td (e manufacture and distribute Class 4 through 8 trucks and buses in the common carrier) Tj ET Q q 0 0 0 rg BT 466.63 520.05 Td (, private carrier) Tj ET Q q 0 0 0 rg BT 527.58 520.05 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 508.05 Td (government, leasing, construction, ener) Tj ET Q q 0 0 0 rg BT 229.55 508.05 Td (gy/petroleum, and student and commercial transportation markets under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 494.85 Td (International) Tj ET Q BT /F1 11.00 Tf ET BT /F1 7.15 Tf ET q 0 0 0 rg BT 123.09 499.83 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.31 494.85 Td (and IC brands. ) Tj ET Q q 0 0 0 rg BT 191.23 494.85 Td (W) Tj ET Q q 0 0 0 rg BT 199.86 494.85 Td (e design and manufacture proprietary diesel engines for our International branded trucks ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 482.85 Td (and IC branded buses.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 58.50 463.65 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 463.65 Td (Parts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.77 463.65 Td (W) Tj ET Q q 0 0 0 rg BT 113.41 463.65 Td (e support our International) Tj ET Q BT /F1 11.00 Tf ET BT /F1 7.15 Tf ET q 0 0 0 rg BT 219.76 468.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.20 463.65 Td ( brand commercial trucks, IC brand buses, and our proprietary engines, as well as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 451.65 Td (our other product lines, by distributing proprietary products together with a wide selection of other standard truck, trailer) Tj ET Q q 0 0 0 rg BT 554.52 451.65 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 439.65 Td (and engine service parts.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 58.50 421.65 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 421.65 Td (Financial Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.49 421.65 Td (W) Tj ET Q q 0 0 0 rg BT 168.13 421.65 Td (e provide and manage retail, wholesale, and lease financing of products sold by the ) Tj ET Q q 0 0 0 rg BT 502.83 421.65 Td (T) Tj ET Q q 0 0 0 rg BT 508.59 421.65 Td (ruck and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 409.65 Td (Parts segments, as well as their dealers, within the U.S., Canada and Mexico.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 391.65 Td (Our) Tj ET Q q 0 0 0 rg BT 67.10 391.65 Td ( Strategy ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 373.65 Td (Our Business) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 355.65 Td (Our Core business is the truck and parts markets for the U.S. and Canada, where we participate primarily in the Class 6 through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 343.65 Td (8 vehicle markets and this year expanded into the Class 4/5 market with our International) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 406.62 343.65 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.70 343.65 Td ( CV) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 429.09 343.65 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.93 343.65 Td ( product. ) Tj ET Q q 0 0 0 rg BT 474.79 343.65 Td (W) Tj ET Q q 0 0 0 rg BT 483.83 343.65 Td (ith more than a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 331.65 Td (million of our trucks on the road in the U.S. and Canada, one in five Class 6 through 8 vehicles is an International truck. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 319.65 Td (Nearly half of all school buses on the road today are our IC brand. ) Tj ET Q q 0 0 0 rg BT 316.74 319.65 Td (W) Tj ET Q q 0 0 0 rg BT 325.37 319.65 Td (e have one of the lar) Tj ET Q q 0 0 0 rg BT 406.54 319.65 Td (gest commercial vehicle parts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 307.65 Td (distribution networks in the U.S. and a captive finance company) Tj ET Q q 0 0 0 rg BT 305.73 307.65 Td (. Further) Tj ET Q q 0 0 0 rg BT 339.77 307.65 Td (, this year we put into operation a partnership with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 295.65 Td (Love) Tj ET Q q 0 0 0 rg BT 72.83 295.65 Td (s ) Tj ET Q q 0 0 0 rg BT 79.04 295.65 Td (T) Tj ET Q q 0 0 0 rg BT 84.79 295.65 Td (ravel Stops expanding our service network in North ) Tj ET Q q 0 0 0 rg BT 293.64 295.65 Td (America through our Dealers and Network Service Partners to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 283.65 Td (over 1,000 locations, one of the lar) Tj ET Q q 0 0 0 rg BT 188.72 283.65 Td (gest networks in North ) Tj ET Q q 0 0 0 rg BT 282.05 283.65 Td (America. Outside of our Core markets, International is one of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 271.65 Td (leading truck brands in Mexico and much of Latin ) Tj ET Q q 0 0 0 rg BT 252.50 271.65 Td (America. ) Tj ET Q q 0 0 0 rg BT 291.75 271.65 Td (W) Tj ET Q q 0 0 0 rg BT 300.38 271.65 Td (e are the lar) Tj ET Q q 0 0 0 rg BT 347.11 271.65 Td (gest independent diesel engine company in Brazil, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 259.65 Td (with our wholly-owned subsidiary International Industria ) Tj ET Q q 0 0 0 rg BT 280.57 259.65 Td (Automotiva da ) Tj ET Q q 0 0 0 rg BT 342.23 259.65 Td (America do Sul Ltda. \(IIAA\), formerly MWM ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 247.65 Td (International Industria de Motores da ) Tj ET Q q 0 0 0 rg BT 200.29 247.65 Td (America Do Sul Ltda. ) Tj ET Q q 0 0 0 rg BT 290.92 247.65 Td (W) Tj ET Q q 0 0 0 rg BT 299.56 247.65 Td (e also export trucks, buses, and engines to niche markets around ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 235.65 Td (the world.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 217.65 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 217.65 Td (e continue to take actions that we believe will improve our performance and evaluate additional opportunities to enhance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 205.65 Td (value for our customers. ) Tj ET Q q 0 0 0 rg BT 149.01 205.65 Td (The following is a summary of our 2019 accomplishments and our expectations going forward.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 187.65 Td (Our 2019 ) Tj ET Q q 0 0 0 rg BT 90.80 187.65 Td (Accomplishments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 169.65 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 169.65 Td (e continue to demonstrate the growth of our business, focusing our ef) Tj ET Q q 0 0 0 rg BT 335.12 169.65 Td (forts on becoming the #1 choice in our industry) Tj ET Q q 0 0 0 rg BT 524.43 169.65 Td (. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 157.65 Td (2019, we made several notable advancements on our strategic vision.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 139.65 Td (I. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.50 139.65 Td (Customer) Tj ET Q q 0 0 0 rg BT 127.34 139.65 Td (-Centric:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.71 139.65 Td (Our focus on customer and market segmentation to better align our ef) Tj ET Q q 0 0 0 rg BT 447.05 139.65 Td (forts with customer needs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 127.65 Td (led to the following accomplishments in 2019:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 109.65 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 109.65 Td (Opened a new parts distribution center in Olive Branch, Mississippi near the FedEx ) Tj ET Q q 0 0 0 rg BT 440.47 109.65 Td (W) Tj ET Q q 0 0 0 rg BT 449.11 109.65 Td (orld Hub in Memphis, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 97.65 Td (T) Tj ET Q q 0 0 0 rg BT 108.91 97.65 Td (ennessee will provide next day parts delivery to 95% of our dealer locations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 85.65 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 85.65 Td (Enhanced our predictive parts stocking through digitalization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 73.65 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 73.65 Td (Expanded to the industry) Tj ET Q q 0 0 0 rg BT 206.54 73.65 Td (s lar) Tj ET Q q 0 0 0 rg BT 223.29 73.65 Td (gest service network with over 1,000 locations through our partnership with Love) Tj ET Q q 0 0 0 rg BT 552.67 73.65 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 61.65 Td (T) Tj ET Q q 0 0 0 rg BT 109.26 61.65 Td (ravel Stops) Tj ET Q endstream endobj 13 0 obj <> endobj 14 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 33.60 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 731.10 Td (II. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.50 731.10 Td (Operational Excellence: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.48 731.10 Td (W) Tj ET Q q 0 0 0 rg BT 199.11 731.10 Td (e made improvements to operations as follows:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 713.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 713.10 Td (Reduced our warranty expense as a percentage of manufacturing revenue from 1.7% in 2018 to 1.4% in 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 701.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 701.10 Td (Announced investments in our manufacturing footprint to expand our capabilities in Huntsville, ) Tj ET Q q 0 0 0 rg BT 488.70 701.10 Td (Alabama for an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 689.10 Td (integrated powertrain with ) Tj ET Q q 0 0 0 rg BT 211.89 689.10 Td (TRA) Tj ET Q q 0 0 0 rg BT 230.79 689.10 Td (T) Tj ET Q q 0 0 0 rg BT 236.71 689.10 Td (ON Group and building a benchmark truck manufacturing facility in San ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 677.10 Td (Antonio, ) Tj ET Q q 0 0 0 rg BT 141.10 677.10 Td (T) Tj ET Q q 0 0 0 rg BT 146.51 677.10 Td (exas) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 659.10 Td (III. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.50 659.10 Td (Cor) Tj ET Q q 0 0 0 rg BT 101.98 659.10 Td (e Business: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.43 659.10 Td (W) Tj ET Q q 0 0 0 rg BT 160.07 659.10 Td (e) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 164.51 659.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.01 659.10 Td (now have the industry) Tj ET Q q 0 0 0 rg BT 258.38 659.10 Td (s newest and most comprehensive vehicle line-up supported by our unique ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 647.10 Td (open architecture all-brands remote diagnostic system OnCommand Connection \("OCC"\). In addition:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 629.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 629.10 Td (Our core market share improved from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.88 629.10 Td (17.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.71 629.10 Td ( in 2018 to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.27 629.10 Td (18.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.10 629.10 Td ( in 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 617.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 617.10 Td (W) Tj ET Q q 0 0 0 rg BT 112.14 617.10 Td (e expanded the footprint of parts availability by adding 5 new Fleetrite retail outlets in the U.S. and Canada) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 599.10 Td (V) Tj ET Q q 0 0 0 rg BT 73.43 599.10 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.50 599.10 Td (Business ) Tj ET Q q 0 0 0 rg BT 124.50 599.10 Td (T) Tj ET Q q 0 0 0 rg BT 130.43 599.10 Td (ransformation:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.92 599.10 Td (Our) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 213.47 599.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.97 599.10 Td (strategic transformation has been and will continue to be a crucial element of how we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 587.10 Td (play to win. ) Tj ET Q q 0 0 0 rg BT 135.31 587.10 Td (The following are a few ways we have gained significant momentum during 2019:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 569.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 569.10 Td (Created a new aftersales function that will manage every facet of the business after the initial sale of the truck, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 557.10 Td (including oversight of parts and service, warranty) Tj ET Q q 0 0 0 rg BT 301.40 557.10 Td (, and dealer development) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 545.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 545.10 Td (Launched a new business unit, NEXT) Tj ET Q q 0 0 0 rg BT 254.95 545.10 Td ( eMobility Solutions \("NEXT"\), to deliver customized electrification ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 533.10 Td (solutions in the truck and school bus markets using lean, agile practices. NEXT) Tj ET Q q 0 0 0 rg BT 421.02 533.10 Td ( establishes a comprehensive "four ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 521.10 Td (Cs" approach to developing eMobility solutions: Consulting, Constructing, Char) Tj ET Q q 0 0 0 rg BT 425.16 521.10 Td (ging and Connecting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 509.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 509.10 Td (Additional actions to de-risk the balance sheet through the purchase of a Canadian pension annuity) Tj ET Q q 0 0 0 rg BT 498.29 509.10 Td (, paying of) Tj ET Q q 0 0 0 rg BT 541.16 509.10 Td (f ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 497.10 Td ($41) Tj ET Q q 0 0 0 rg BT 118.13 497.10 Td (1 million in subordinated convertible notes with cash on hand in ) Tj ET Q q 0 0 0 rg BT 377.25 497.10 Td (April, expanding the revolving credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 485.10 Td (facilities of NFC, and ending the year with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.07 485.10 Td ($1.4 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.18 485.10 Td ( in consolidated cash, cash equivalents and marketable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 473.10 Td (securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 461.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 461.10 Td (Selling of) Tj ET Q q 0 0 0 rg BT 142.48 461.10 Td (f non-core business units including a 70% equity interest in our former defense business, ND Holdings, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 449.10 Td (LLC \(Navistar Defense\), and our ownership interest in our former joint venture in China with ) Tj ET Q q 0 0 0 rg BT 488.95 449.10 Td (Anhui Jianghuai ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 437.10 Td (Automobile Co., Ltd \(JAC\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 419.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 419.10 Td (e believe these actions coupled with our strategic alliance with the ) Tj ET Q q 0 0 0 rg BT 325.36 419.10 Td (TRA) Tj ET Q q 0 0 0 rg BT 344.25 419.10 Td (T) Tj ET Q q 0 0 0 rg BT 350.18 419.10 Td (ON Group and our winning culture anchored by our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.10 Td (high performing cross-functional teams, continue to position us for success.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (Our Expectations Going Forward) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.10 Td (Moving forward, we will continue our intense focus on costs to fund our growth initiatives, grow our market share and mar) Tj ET Q q 0 0 0 rg BT 542.54 371.10 Td (gins, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.10 Td (and deliver superior shareholder return. ) Tj ET Q q 0 0 0 rg BT 209.81 359.10 Td (W) Tj ET Q q 0 0 0 rg BT 218.45 359.10 Td (e are focused on our Navistar 4.0 playing to win strategy) Tj ET Q q 0 0 0 rg BT 444.68 359.10 Td (, which is based on three ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.10 Td (critical elements:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 329.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 89.50 329.10 Td (People: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.66 329.10 Td (Driving high performing cross-functional teams while recruiting and developing key leadership roles by:) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 4.00 0 0 10.09 106.50 314.94 cm /I20 Do Q q 0 0 0 rg BT 110.50 317.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 317.10 Td (Expanding on our lean culture through visual management, agile approaches, and a focus on execution) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 4.00 0 0 10.09 106.50 302.94 cm /I21 Do Q q 0 0 0 rg BT 110.50 305.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 305.10 Td (Developing our best resources and redeploying resources to focus on our growth initiatives, and) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 4.00 0 0 10.09 106.50 290.94 cm /I22 Do Q q 0 0 0 rg BT 110.50 293.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 293.10 Td (Leveraging our strong values) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 275.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 89.50 275.10 Td (Performance: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.85 275.10 Td (Creating a sustainable long-term performance advantage within our products and services by investing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.50 263.10 Td (in those areas with the greatest impact on our mar) Tj ET Q q 0 0 0 rg BT 288.42 263.10 Td (gins and overall financial performance. ) Tj ET Q q 0 0 0 rg BT 447.62 263.10 Td (These areas include the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.50 251.10 Td (following: ) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 4.00 0 0 10.09 106.50 236.94 cm /I23 Do Q q 0 0 0 rg BT 110.50 239.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 125.5 237.76699218750002 m 237.6826171875 237.76699218750002 l s q 0 0 0 rg BT 125.50 239.10 Td (Enterprise platform strategy) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.68 239.10 Td (: ) Tj ET Q q 0 0 0 rg BT 242.41 239.10 Td (A) Tj ET Q q 0 0 0 rg BT 249.08 239.10 Td ( shared platform strategy for all key vehicle systems) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 4.00 0 0 10.09 106.50 224.94 cm /I24 Do Q q 0 0 0 rg BT 110.50 227.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 125.5 225.76699218750002 m 251.5498046875 225.76699218750002 l s q 0 0 0 rg BT 125.50 227.10 Td (Advanced modular architecture) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.55 227.10 Td (: Optimizing parts used in our vehicles to be able to deliver a customized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 215.10 Td (solution to customers with the least amount of engineering work. ) Tj ET Q q 0 0 0 rg BT 387.77 215.10 Td (This creates the potential to significantly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 203.10 Td (improve productivity in engineering and research & development and provide us more flexibility to invest in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 191.10 Td (new products and technologies) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 4.00 0 0 10.09 106.50 176.94 cm /I25 Do Q q 0 0 0 rg BT 110.50 179.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 125.5 177.76699218750002 m 226.8427734375 177.76699218750002 l s q 0 0 0 rg BT 125.50 179.10 Td (Integrated manufacturing) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.84 179.10 Td (: Investments that will allow us to optimize our manufacturing network by having a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 167.10 Td (strong supplier footprint, and provide mutually beneficial relationships with our suppliers) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 4.00 0 0 10.09 106.50 152.94 cm /I26 Do Q q 0 0 0 rg BT 110.50 155.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 125.5 153.76699218750002 m 216.8330078125 153.76699218750002 l s q 0 0 0 rg BT 125.50 155.10 Td (Aftersales acceleration) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.83 155.10 Td (: Builds on our commitment to or) Tj ET Q q 0 0 0 rg BT 350.53 155.10 Td (ganically grow the parts business by helping our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 143.10 Td (dealers improve their parts sales through enhanced training, data analysis and market knowledge) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 4.00 0 0 10.09 106.50 128.94 cm /I27 Do Q q 0 0 0 rg BT 110.50 131.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 125.5 129.76699218750002 m 215.7392578125 129.76699218750002 l s q 0 0 0 rg BT 125.50 131.10 Td (Integrated powertrains) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.74 131.10 Td (: Joint ef) Tj ET Q q 0 0 0 rg BT 250.55 131.10 Td (fort between Navistar and ) Tj ET Q q 0 0 0 rg BT 356.44 131.10 Td (TRA) Tj ET Q q 0 0 0 rg BT 375.33 131.10 Td (T) Tj ET Q q 0 0 0 rg BT 381.26 131.10 Td (ON Group to incorporate the requirements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 119.10 Td (we need for the North ) Tj ET Q q 0 0 0 rg BT 215.19 119.10 Td (American market into their next generation of products that, when combined with our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 107.10 Td (investment in our Hunstville, ) Tj ET Q q 0 0 0 rg BT 244.10 107.10 Td (Alabama facility for localizing the next generation big-bore diesel powertrain, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 95.10 Td (will provide significant growth and mar) Tj ET Q q 0 0 0 rg BT 284.45 95.10 Td (gin opportunities) Tj ET Q endstream endobj 15 0 obj <> endobj 16 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 33.60 Td (7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 70.50 731.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 89.50 731.25 Td (#1 Choice:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.77 731.25 Td ( Identifying and focusing on key markets where we have a dif) Tj ET Q q 0 0 0 rg BT 382.00 731.25 Td (ferentiated value, defining how we will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.50 719.25 Td (operate in that market, and how to prove to our customers that we are their #1 choice by:) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 4.00 0 0 10.09 106.50 705.09 cm /I28 Do Q q 0 0 0 rg BT 110.50 707.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 707.25 Td (Following a Listen - Understand - Deliver approach to provide our customers what they truly need to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 695.25 Td (succeed) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 4.00 0 0 10.09 106.50 681.09 cm /I29 Do Q q 0 0 0 rg BT 110.50 683.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 683.25 Td (Understanding our customers better than our competitors, ensuring that our products and services provide ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 671.25 Td (value to our customers, and by or) Tj ET Q q 0 0 0 rg BT 258.90 671.25 Td (ganizing to be aligned with our customers) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 4.00 0 0 10.09 106.50 657.09 cm /I30 Do Q q 0 0 0 rg BT 110.50 659.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 659.25 Td (Ensuring our products and services provide leading uptime and low total cost of ownership) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 4.00 0 0 10.09 106.50 645.09 cm /I31 Do Q q 0 0 0 rg BT 110.50 647.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 647.25 Td (Strengthening our brand and residual values to capture more of the 2) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 400.14 651.78 Td (nd) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.64 647.25 Td ( and 3) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 431.08 651.78 Td (rd) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.49 647.25 Td ( owner markets, and) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 4.00 0 0 10.09 106.50 633.09 cm /I32 Do Q q 0 0 0 rg BT 110.50 635.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 635.25 Td (Strengthening our dealers and building stronger partnerships with them through our ) Tj ET Q q 0 0 0 rg BT 462.20 635.25 Td (V) Tj ET Q q 0 0 0 rg BT 468.82 635.25 Td (ision 2025 strategy) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 617.25 Td (e believe Navistar 4.0 is built upon the right vision and the right strategy) Tj ET Q q 0 0 0 rg BT 347.43 617.25 Td (. ) Tj ET Q q 0 0 0 rg BT 352.25 617.25 Td (W) Tj ET Q q 0 0 0 rg BT 360.89 617.25 Td (e are confident that success will result in the best ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.25 Td (team, an operating performance advantage, and a brand preference that will result in our leadership in key markets and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.25 Td (continued improvement in our financial performance. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 572.25 Td (Our) Tj ET Q q 0 0 0 rg BT 67.10 572.25 Td ( Operating Segments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 554.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 554.25 Td (e operate in four industry segments: ) Tj ET Q q 0 0 0 rg BT 204.03 554.25 Td (T) Tj ET Q q 0 0 0 rg BT 209.79 554.25 Td (ruck, Parts, Global Operations \(collectively referred to as "Manufacturing operations"\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 542.25 Td (and Financial Services, which consists of NFC and our foreign finance operations \(collectively referred to as "Financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 530.25 Td (Services operations"\). Corporate contains those items that do not fit into our four segments. Selected financial data for each ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 518.25 Td (segment can be found in Note15, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 186.69 518.25 Td (Segment Reporting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.06 518.25 Td (, to the accompanying consolidated financial statements. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 497.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.24 497.25 Td (ruck Segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 67.37 479.25 Td (T) Tj ET Q q 0 0 0 rg BT 73.13 479.25 Td (ruck segment manufactures and distributes Class4 through 8 trucks and buses along with production of proprietary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.25 Td (engines, primarily in the North ) Tj ET Q q 0 0 0 rg BT 175.03 467.25 Td (America markets that include the U.S., Canada, and Mexico. Our ) Tj ET Q q 0 0 0 rg BT 438.38 467.25 Td (T) Tj ET Q q 0 0 0 rg BT 444.14 467.25 Td (ruck segment also includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.25 Td (our truck export business under the International and IC brands. ) Tj ET Q q 0 0 0 rg BT 307.31 455.25 Td (The proprietary engines produced in North ) Tj ET Q q 0 0 0 rg BT 480.59 455.25 Td (America are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.25 Td (primarily used in our trucks and buses. Our goal is to deliver the highest quality commercial trucks and buses. ) Tj ET Q q 0 0 0 rg BT 491.72 443.25 Td (The ) Tj ET Q q 0 0 0 rg BT 509.59 443.25 Td (T) Tj ET Q q 0 0 0 rg BT 515.34 443.25 Td (ruck ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 431.25 Td (segment is our lar) Tj ET Q q 0 0 0 rg BT 120.69 431.25 Td (gest operating segment based on total external sales and revenues. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 413.25 Td (e compete primarily in our Core \(collectively referred to as school buses, Class 6 and 7 medium trucks, Class 8 heavy trucks ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.25 Td (and Class 8 severe service trucks\) markets. ) Tj ET Q q 0 0 0 rg BT 223.70 401.25 Td (The ) Tj ET Q q 0 0 0 rg BT 241.57 401.25 Td (T) Tj ET Q q 0 0 0 rg BT 247.33 401.25 Td (ruck segment's manufacturing operations in the U.S. and Mexico consist ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.25 Td (principally of assembling components manufactured by our suppliers, as well as designing, engineering, and producing certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.25 Td (sheet metal components, including truck cabs, and proprietary engines. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.25 Td (The ) Tj ET Q q 0 0 0 rg BT 67.37 359.25 Td (T) Tj ET Q q 0 0 0 rg BT 73.12 359.25 Td (ruck segment's manufacturing operations also include the production of diesel engines, which are primarily used in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.25 Td (trucks. ) Tj ET Q q 0 0 0 rg BT 78.76 347.25 Td (The operations at our engine manufacturing facility consist principally of the assembly of components manufactured by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 335.25 Td (our suppliers, as well as machining operations relating to steel and grey-iron components. ) Tj ET Q q 0 0 0 rg BT 410.62 335.25 Td (W) Tj ET Q q 0 0 0 rg BT 419.26 335.25 Td (e market our commercial products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.25 Td (directly to lar) Tj ET Q q 0 0 0 rg BT 103.19 323.25 Td (ge fleets which of) Tj ET Q q 0 0 0 rg BT 174.37 323.25 Td (fer a comprehensive range of services and other support functions to our end users. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.25 Td (commercial trucks are distributed in virtually all key markets through our distribution and retail service network, which is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 299.25 Td (comprised of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.49 299.25 Td (1,052) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.99 299.25 Td ( outlets in the U.S.and Canada, which includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.62 299.25 Td (342) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.62 299.25 Td ( of Love) Tj ET Q q 0 0 0 rg BT 370.27 299.25 Td (s ) Tj ET Q q 0 0 0 rg BT 376.48 299.25 Td (T) Tj ET Q q 0 0 0 rg BT 382.24 299.25 Td (ravel Stops locations, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.56 299.25 Td (89) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.56 299.25 Td ( outlets in Mexico, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 287.25 Td (and our export truck operations, primarily in Latin ) Tj ET Q q 0 0 0 rg BT 253.06 287.25 Td (America. In addition, our network of used truck centers and International ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 275.25 Td (certified used truck dealersin the U.S. and Canadaprovides trade-in support to our dealers and national accounts group, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 263.25 Td (markets all makes and models of reconditioned used trucks to owner) Tj ET Q q 0 0 0 rg BT 323.67 263.25 Td (-operators and fleet buyers.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.25 Td (The ) Tj ET Q q 0 0 0 rg BT 67.37 245.25 Td (T) Tj ET Q q 0 0 0 rg BT 73.12 245.25 Td (ruck business competes on many dimensions, including customer service, price, ease-of-doing-business, uptime, and parts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.25 Td (availability) Tj ET Q q 0 0 0 rg BT 93.84 233.25 Td (. ) Tj ET Q q 0 0 0 rg BT 98.66 233.25 Td (The markets in which the ) Tj ET Q q 0 0 0 rg BT 202.61 233.25 Td (T) Tj ET Q q 0 0 0 rg BT 208.37 233.25 Td (ruck segment competes are subject to considerable volatility and fluctuation in response ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.25 Td (to cycles in the overall business environment. ) Tj ET Q q 0 0 0 rg BT 234.28 221.25 Td (These markets are particularly sensitive to the industrial sector) Tj ET Q q 0 0 0 rg BT 484.34 221.25 Td (, which generates a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 209.25 Td (significant portion of the freight tonnage hauled. Government regulation has also impacted, and will continue to impact, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 197.25 Td (trucking operations as well as the ef) Tj ET Q q 0 0 0 rg BT 193.16 197.25 Td (ficiency and specifications of trucking equipment. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.25 Td (The Class4 through 8 truck and bus markets in North ) Tj ET Q q 0 0 0 rg BT 266.41 179.25 Td (America are highly competitive. Major U.S.-controlleddomestic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.25 Td (competitors include P) Tj ET Q q 0 0 0 rg BT 135.79 167.25 Td (ACCAR Inc. \("P) Tj ET Q q 0 0 0 rg BT 202.57 167.25 Td (ACCAR"\), which sells vehicles under the Kenworth and Peterbilt nameplates in North ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.25 Td (America, and Ford Motor Company \("Ford"\). Competing foreign-controlled domestic manufacturers include Freightliner and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 143.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 143.25 Td (estern Star \(both subsidiaries of Daimler) Tj ET Q q 0 0 0 rg BT 219.84 143.25 Td (-Benz ) Tj ET Q q 0 0 0 rg BT 245.67 143.25 Td (AG \("Mercedes Benz"\)\), ) Tj ET Q q 0 0 0 rg BT 347.50 143.25 Td (V) Tj ET Q q 0 0 0 rg BT 353.43 143.25 Td (olvo and Mack \(both subsidiaries of ) Tj ET Q q 0 0 0 rg BT 499.89 143.25 Td (V) Tj ET Q q 0 0 0 rg BT 505.82 143.25 Td (olvo Global ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 131.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.26 131.25 Td (rucks\), and Hino \(a subsidiary of ) Tj ET Q q 0 0 0 rg BT 189.21 131.25 Td (T) Tj ET Q q 0 0 0 rg BT 194.62 131.25 Td (oyota Motor Corporation \("T) Tj ET Q q 0 0 0 rg BT 310.49 131.25 Td (oyota"\)\). In addition, smaller) Tj ET Q q 0 0 0 rg BT 426.08 131.25 Td (, foreign-controlled market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 119.25 Td (participants such as Isuzu Motors ) Tj ET Q q 0 0 0 rg BT 185.31 119.25 Td (America, Inc. \("Isuzu"\), UD ) Tj ET Q q 0 0 0 rg BT 300.75 119.25 Td (T) Tj ET Q q 0 0 0 rg BT 306.51 119.25 Td (rucks North ) Tj ET Q q 0 0 0 rg BT 355.95 119.25 Td (America \(a subsidiary of ) Tj ET Q q 0 0 0 rg BT 457.02 119.25 Td (AB ) Tj ET Q q 0 0 0 rg BT 473.24 119.25 Td (V) Tj ET Q q 0 0 0 rg BT 479.17 119.25 Td (olvo \("UD ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 107.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.26 107.25 Td (rucks"\)\), and Mitsubishi Motors North ) Tj ET Q q 0 0 0 rg BT 211.56 107.25 Td (America, Inc. \("Mitsubishi"\) are competing in the U.S.and Canadian truck markets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 95.25 Td (with primarily imported products. In Mexico, the major domestic competitors are Kenmex \(a subsidiary of P) Tj ET Q q 0 0 0 rg BT 483.20 95.25 Td (ACCAR\) and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 83.25 Td (Freightliner) Tj ET Q q 0 0 0 rg BT 96.16 83.25 Td (. In our primary truck export market of Latin ) Tj ET Q q 0 0 0 rg BT 277.21 83.25 Td (America, we compete with many truck manufacturers, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.25 Td (P) Tj ET Q q 0 0 0 rg BT 54.14 71.25 Td (ACCAR, Freightliner) Tj ET Q q 0 0 0 rg BT 140.41 71.25 Td (, and Mack.) Tj ET Q endstream endobj 17 0 obj <> endobj 18 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 33.60 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (Refer to Note 15, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 121.42 731.10 Td (Segment Reporting, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.80 731.10 Td (to the accompanying consolidated financial statements, for ) Tj ET Q q 0 0 0 rg BT 440.32 731.10 Td (T) Tj ET Q q 0 0 0 rg BT 446.07 731.10 Td (ruck sales to external ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (customers.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (Parts Segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.10 Td (Our Parts segment provides customers with proprietary products needed to support the International commercial truck, IC Bus, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (proprietary engine lines, and export parts business, as well as our other product lines by providing customers with proprietary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.10 Td (products together with a wide selection of other standard truck, trailer) Tj ET Q q 0 0 0 rg BT 328.17 659.10 Td (, and engine service parts. ) Tj ET Q q 0 0 0 rg BT 434.34 659.10 Td (W) Tj ET Q q 0 0 0 rg BT 442.98 659.10 Td (e distribute service parts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.10 Td (through the dealer network that supports our trucks and engines. ) Tj ET Q q 0 0 0 rg BT 308.98 647.10 Td (The Parts segment is our second lar) Tj ET Q q 0 0 0 rg BT 450.98 647.10 Td (gest operating segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 635.10 Td (based on total external sales and revenues and generates a significant portion of our net income.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (Our extensive dealer channel provides us with an advantage in serving our customers by having our parts available when and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (where our customers require service. Goods are delivered to our customers either through one of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.08 605.10 Td (twelve) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.74 605.10 Td ( parts distribution ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.10 Td (centers operated out of North ) Tj ET Q q 0 0 0 rg BT 168.63 593.10 Td (America, or through direct shipment from our suppliers. ) Tj ET Q q 0 0 0 rg BT 395.61 593.10 Td (W) Tj ET Q q 0 0 0 rg BT 404.25 593.10 Td (e have a dedicated parts sales team ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.10 Td (within North ) Tj ET Q q 0 0 0 rg BT 102.83 581.10 Td (America, as well as national account teams focused on lar) Tj ET Q q 0 0 0 rg BT 334.23 581.10 Td (ge fleet customers. ) Tj ET Q q 0 0 0 rg BT 411.80 581.10 Td (W) Tj ET Q q 0 0 0 rg BT 420.44 581.10 Td (e also serve our global markets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (through our dedicated export business which supports customers globally in Latin ) Tj ET Q q 0 0 0 rg BT 379.17 569.10 Td (America, the Middle East, northern ) Tj ET Q q 0 0 0 rg BT 522.74 569.10 Td (Africa, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.10 Td (South ) Tj ET Q q 0 0 0 rg BT 74.79 557.10 Td (Africa, Europe, ) Tj ET Q q 0 0 0 rg BT 138.65 557.10 Td (Australia, ) Tj ET Q q 0 0 0 rg BT 179.75 557.10 Td (Asia and Russia. In conjunction with the ) Tj ET Q q 0 0 0 rg BT 344.55 557.10 Td (T) Tj ET Q q 0 0 0 rg BT 350.31 557.10 Td (ruck sales and technical service group, we provide ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.10 Td (an integrated support team that works to find solutions to support our customers. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 527.10 Td (T) Tj ET Q q 0 0 0 rg BT 54.91 527.10 Td (o be competitive the Parts Segment must focus on customer service, price, ease-of-doing-business, and parts availability) Tj ET Q q 0 0 0 rg BT 535.24 527.10 Td (. ) Tj ET Q q 0 0 0 rg BT 540.06 527.10 Td (W) Tj ET Q q 0 0 0 rg BT 548.70 527.10 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 515.10 Td (sell a substantial amount of all-make parts for light-, medium- and heavy-duty trucks \("All-Make parts"\), which are common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 503.10 Td (across OEM truck manufacturers.) Tj ET Q q 0 0 0 rg BT 186.77 503.10 Td (W) Tj ET Q q 0 0 0 rg BT 195.41 503.10 Td (e sell remanufactured parts through our ReNEW) Tj ET Q q 0 0 0 rg BT 388.43 503.10 Td (ed product line and private label products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.10 Td (through our Fleetrite brand name. ) Tj ET Q q 0 0 0 rg BT 186.50 491.10 Td (The dealers and fleets have multiple outlets to purchase ) Tj ET Q q 0 0 0 rg BT 410.59 491.10 Td (All-Make parts including other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.10 Td (OEMs \(including but not limited to Freightliner) Tj ET Q q 0 0 0 rg BT 240.19 479.10 Td (, P) Tj ET Q q 0 0 0 rg BT 249.84 479.10 Td (ACCAR, Mack and ) Tj ET Q q 0 0 0 rg BT 331.32 479.10 Td (V) Tj ET Q q 0 0 0 rg BT 337.25 479.10 Td (olvo\), independent distributors, and traditional retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.10 Td (outlets, including Fleetpride, ) Tj ET Q q 0 0 0 rg BT 166.80 467.10 Td (T) Tj ET Q q 0 0 0 rg BT 172.56 467.10 Td (ruckPro, and National ) Tj ET Q q 0 0 0 rg BT 262.54 467.10 Td (Auto Parts ) Tj ET Q q 0 0 0 rg BT 306.99 467.10 Td (Association \("Napa"\). ) Tj ET Q q 0 0 0 rg BT 397.44 467.10 Td (W) Tj ET Q q 0 0 0 rg BT 406.08 467.10 Td (e sell a wide-range of proprietary parts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.10 Td (and we are subject to varying degrees of competition for many of our proprietary parts from alternative parts-providers and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.10 Td (independent remanufacturers. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (Also included in the Parts segment is our Blue Diamond Parts, LLC \("BDP"\) joint venture with Ford, which manages the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (sourcing, merchandising and distribution of certain service parts for North ) Tj ET Q q 0 0 0 rg BT 348.59 413.10 Td (America Ford diesel vehicles. Major competitors for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (our BDP) Tj ET Q q 0 0 0 rg BT 84.41 401.10 Td ( joint venture include ) Tj ET Q q 0 0 0 rg BT 171.61 401.10 Td (Alliant Power) Tj ET Q q 0 0 0 rg BT 227.04 401.10 Td (, Jasper Engine ) Tj ET Q q 0 0 0 rg BT 290.17 401.10 Td (T) Tj ET Q q 0 0 0 rg BT 295.93 401.10 Td (ransmissions, and Delphi ) Tj ET Q q 0 0 0 rg BT 398.70 401.10 Td (Automotive. In October 2019, Ford ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (notified the Company of its intention to dissolve the BDP) Tj ET Q q 0 0 0 rg BT 279.39 389.10 Td ( joint venture ef) Tj ET Q q 0 0 0 rg BT 342.80 389.10 Td (fective October 2021.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.10 Td (Refer to Note 15, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 121.42 371.10 Td (Segment Reporting, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.80 371.10 Td (to the accompanying consolidated financial statements, for Parts sales to external ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.10 Td (customers.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 341.10 Td (Global Operations Segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.10 Td (Our Global Operations segment includes businesses that derive revenue from outside our ) Tj ET Q q 0 0 0 rg BT 408.12 323.10 Td (T) Tj ET Q q 0 0 0 rg BT 413.88 323.10 Td (ruck and Parts segments and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.10 Td (primarily consists of the operations of our wholly-owned subsidiary) Tj ET Q q 0 0 0 rg BT 320.47 311.10 Td (, International Indstria ) Tj ET Q q 0 0 0 rg BT 416.56 311.10 Td (Automotiva da ) Tj ET Q q 0 0 0 rg BT 478.22 311.10 Td (Amrica do Sul ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 299.10 Td (Ltda. \("IIAA"\). IIAA) Tj ET Q q 0 0 0 rg BT 134.30 299.10 Td ( is a leader in the South ) Tj ET Q q 0 0 0 rg BT 230.12 299.10 Td (American mid-range diesel engine market, manufacturing and distributing mid-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 287.10 Td (range diesel engines and providing customers with additional engine of) Tj ET Q q 0 0 0 rg BT 334.52 287.10 Td (ferings in the agriculture, marine, genset, and light truck ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 275.10 Td (markets. ) Tj ET Q q 0 0 0 rg BT 85.60 275.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 135.51 275.10 Td (, we also sell our engines to global OEMs for various on-and-of) Tj ET Q q 0 0 0 rg BT 390.27 275.10 Td (f-road applications. ) Tj ET Q q 0 0 0 rg BT 470.34 275.10 Td (W) Tj ET Q q 0 0 0 rg BT 478.98 275.10 Td (e of) Tj ET Q q 0 0 0 rg BT 494.07 275.10 Td (fer contract ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 263.10 Td (manufacturing services under IIAA's MWM brand to OEMs for the assembly of their engines, particularly in South ) Tj ET Q q 0 0 0 rg BT 513.42 263.10 Td (America. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 251.10 Td (IIAA) Tj ET Q q 0 0 0 rg BT 70.05 251.10 Td ( has a very significant dealer network and parts distribution center) Tj ET Q q 0 0 0 rg BT 334.01 251.10 Td (, responsible for internal and export sales of spare parts. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 239.10 Td (As part of the Global Operations segment, IIAA) Tj ET Q q 0 0 0 rg BT 241.68 239.10 Td ( has engine manufacturing operations in Brazil.) Tj ET Q q 0 0 0 rg BT 433.66 239.10 Td (The Global Operations segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 227.10 Td (is our third lar) Tj ET Q q 0 0 0 rg BT 106.25 227.10 Td (gest operating segment based on total external sales and revenues.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 209.10 Td (Our commercial products are marketed through our independent dealer network, which of) Tj ET Q q 0 0 0 rg BT 409.19 209.10 Td (fers a comprehensive range of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 197.10 Td (services and other support functions to our end users.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.10 Td (IIAA) Tj ET Q q 0 0 0 rg BT 70.05 179.10 Td ( also has a commercial agreement with an Indian company) Tj ET Q q 0 0 0 rg BT 304.04 179.10 Td (, Mahindra Heavy Engines Ltd. \("Mahindra"\), under which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.10 Td (MWM engines \(4.8L) Tj ET Q q 0 0 0 rg BT 133.84 167.10 Td ( and 7.2L\) are manufactured at a plant located in the Chakan Industrial ) Tj ET Q q 0 0 0 rg BT 418.73 167.10 Td (Area in the city of Pune, India. ) Tj ET Q q 0 0 0 rg BT 544.34 167.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.10 Td (engines produced at that plant are exclusively sold by MWM outside of the Indian market, providing a cost competitive export ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 143.10 Td (platform in support of the ) Tj ET Q q 0 0 0 rg BT 154.21 143.10 Td (Asian markets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 125.10 Td (In Brazil, IIAA's engines compete with Cummins, Mercedes Benz, and Fiat Powertrain \("FPT"\) in the light and medium truck ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 113.10 Td (markets; Mercedes Benz, Cummins, Scania, MAN, ) Tj ET Q q 0 0 0 rg BT 257.05 113.10 Td (V) Tj ET Q q 0 0 0 rg BT 262.99 113.10 Td (olvo, and FPT) Tj ET Q q 0 0 0 rg BT 319.75 113.10 Td ( in the heavy truck market; Mercedes Benz in the bus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.10 Td (market; New Holland \(a subsidiary of CNH Industrial N.V) Tj ET Q q 0 0 0 rg BT 283.44 101.10 Td (.\), Sisu Diesel \(a subsidiary of ) Tj ET Q q 0 0 0 rg BT 406.20 101.10 Td (AGCO Corporation\), and Deere & ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 89.10 Td (Company in the agricultural market; and Scania and Cummins in the stationary market.) Tj ET Q endstream endobj 19 0 obj <> endobj 20 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 33.60 Td (9) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 731.25 Td (Financial Services Segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (Our Financial Services segment provides and manages wholesale, retail, and lease financing of products sold by the ) Tj ET Q q 0 0 0 rg BT 515.02 713.25 Td (T) Tj ET Q q 0 0 0 rg BT 520.77 713.25 Td (ruck and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.25 Td (Parts segments and their dealers. ) Tj ET Q q 0 0 0 rg BT 182.62 701.25 Td (W) Tj ET Q q 0 0 0 rg BT 191.25 701.25 Td (e also finance wholesale and retail accounts receivable. Substantially all revenues earned by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.25 Td (the Financial Services segment are derived from supporting the sales of our vehicles and products. ) Tj ET Q q 0 0 0 rg BT 445.32 689.25 Td (The Financial Services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.25 Td (segment continues to meet the primary goal of providing and managing financing to our customers in U.S., Canadian and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.25 Td (Mexican markets by providing or arranging cost-ef) Tj ET Q q 0 0 0 rg BT 253.70 665.25 Td (fective funding sources, while working to mitigate credit losses and impaired ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.25 Td (vehicle asset values. NFC provides wholesale financing for 100% of new ) Tj ET Q q 0 0 0 rg BT 344.80 653.25 Td (T) Tj ET Q q 0 0 0 rg BT 350.55 653.25 Td (ruck inventory sold to our dealers and distributors in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.25 Td (the U.S. through the customary free interest period of) Tj ET Q q 0 0 0 rg BT 263.15 641.25 Td (fered by NI. ) Tj ET Q q 0 0 0 rg BT 313.68 641.25 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.18 641.25 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.89 641.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.33 641.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.33 641.25 Td (, NFC retained floor plan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.25 Td (financing for approximately 72% and 74% of the dealers, respectively) Tj ET Q q 0 0 0 rg BT 329.30 629.25 Td (, after the expiration of any free interest period. ) Tj ET Q q 0 0 0 rg BT 520.98 629.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.25 Td (Financial Services segment also facilitates financing relationships in other countries to support our Manufacturing Operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.25 Td (The Financial Services segment manages the relationship with Navistar Capital \(a program of BMO Harris Bank N.A. and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.25 Td (Bank of Montreal \(together) Tj ET Q q 0 0 0 rg BT 158.79 587.25 Td (, "BMO"\)\). Navistar Capital is our third-party preferred source of retail and lease customer financing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.25 Td (for equipment of) Tj ET Q q 0 0 0 rg BT 116.52 575.25 Td (fered by us and our dealers in the U.S. In addition, Navistar Capital Canada \(also a BMO program\) provides ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.25 Td (financing to support the sale of our products in Canada.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 545.25 Td (Engineering and Pr) Tj ET Q q 0 0 0 rg BT 133.22 545.25 Td (oduct Development ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 527.25 Td (Our engineering and product development programs are focused on the development of new products, enhancements of current ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 515.25 Td (products, quality improvements and continuous material cost reductions across our product lines, complying with future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 503.25 Td (regulatory requirements, and investigating future technologies for our product lines. ) Tj ET Q q 0 0 0 rg BT 390.06 503.25 Td (W) Tj ET Q q 0 0 0 rg BT 398.69 503.25 Td (e have shifted our investment focus to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.25 Td (developing driver) Tj ET Q q 0 0 0 rg BT 120.11 491.25 Td (-centric designs with world class uptime and fuel economy that incorporates industry leading connected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.25 Td (technologies utilizing Navistar) Tj ET Q q 0 0 0 rg BT 172.62 479.25 Td () Tj ET Q q 0 0 0 rg BT 175.40 479.25 Td (s OCC open architecture telematics solution. In 2019, we completed the launch of the Horizon ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.25 Td (suite of vehicles for the Global markets and also launched the International CV) Tj ET Q q 0 0 0 rg BT 365.89 467.25 Td ( Series in conjunction with General Motors ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.25 Td (Company \("GM"\) for the Class 4/5 market. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.25 Td (In 2020, Navistar) Tj ET Q q 0 0 0 rg BT 119.58 437.25 Td () Tj ET Q q 0 0 0 rg BT 122.36 437.25 Td (s product development programs will be developing advances in aerodynamics, powertrain and software ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.25 Td (systems that are increasing fuel ef) Tj ET Q q 0 0 0 rg BT 185.10 425.25 Td (ficiency in the International L) Tj ET Q q 0 0 0 rg BT 303.58 425.25 Td (T) Tj ET Q q 0 0 0 rg BT 309.50 425.25 Td ( and RH Series on-highway vehicles. In addition, we will be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.25 Td (introducing to our products further enhancements in our ) Tj ET Q q 0 0 0 rg BT 275.55 413.25 Td (Advanced Driver ) Tj ET Q q 0 0 0 rg BT 346.64 413.25 Td (Assistance Systems \(ADAS\) of) Tj ET Q q 0 0 0 rg BT 481.16 413.25 Td (ferings, more fuel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.25 Td (ef) Tj ET Q q 0 0 0 rg BT 57.09 401.25 Td (ficient features, and engines to comply with the 2021 greenhouse gas \(GHG\) requirements. Navistar will continue to invest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.25 Td (in ) Tj ET Q q 0 0 0 rg BT 59.23 389.25 Td (ADAS, connected technologies and electric vehicles, working with strategic suppliers and partners. ) Tj ET Q q 0 0 0 rg BT 459.20 389.25 Td (W) Tj ET Q q 0 0 0 rg BT 467.84 389.25 Td (e introduced our first ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.25 Td (electric medium duty vehicle at the recent North ) Tj ET Q q 0 0 0 rg BT 244.98 377.25 Td (American Commercial ) Tj ET Q q 0 0 0 rg BT 338.65 377.25 Td (V) Tj ET Q q 0 0 0 rg BT 344.76 377.25 Td (ehicle Show) Tj ET Q q 0 0 0 rg BT 393.27 377.25 Td (. ) Tj ET Q q 0 0 0 rg BT 398.09 377.25 Td (W) Tj ET Q q 0 0 0 rg BT 406.73 377.25 Td (e believe that the alliance with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.25 Td (TRA) Tj ET Q q 0 0 0 rg BT 68.39 365.25 Td (T) Tj ET Q q 0 0 0 rg BT 74.32 365.25 Td (ON Group will further expand our capabilities in these areas.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 347.25 Td (e participate in very competitive markets with more stringent regulatory requirements and faster technology adoptions, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 335.25 Td (we continue to believe that our strong commitment to engineering and product development is required to drive long-term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.25 Td (growth. Our engineering and product development costs were $) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.15 323.25 Td (319 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.54 323.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.32 323.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.32 323.25 Td (, compared to $) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.52 323.25 Td (297 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.91 323.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.69 323.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.69 323.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.25 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.50 311.25 Td (251 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.89 311.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.67 311.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.67 311.25 Td (. ) Tj ET Q q 0 0 0 rg BT 138.49 311.25 Td (W) Tj ET Q q 0 0 0 rg BT 147.13 311.25 Td (e expect that GHG phase 2 regulations announced in 2016 will drive significant investments in product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 299.25 Td (development by us and our competitors.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 281.25 Td (Backlog) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 263.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 263.25 Td (e define order backlogs \("backlogs"\) as orders yet to be built as of the end of the period. Our backlogs do not represent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 251.25 Td (guarantees of purchases by customers or dealers and are subject to cancellation. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.25 Td (The following table provides our worldwide backlog of unfilled truck orders as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.69 233.25 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.40 233.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.84 233.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.84 233.25 Td (:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 207.75 m 507.5 207.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 207.75 m 561.5 207.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.35 211.98 Td (Units) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.85 211.98 Td (V) Tj ET Q q 0 0 0 rg BT 532.89 211.98 Td (alue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 197.43 Td (As of October) Tj ET Q q 0 0 0 rg BT 111.25 197.43 Td ( 31:) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.50 196.98 Td (\(in billions\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 182.42 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.50 182.32 Td (.................................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.15 182.43 Td (41,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 514.00 182.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 545.15 182.43 Td (2.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 167.42 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.50 167.32 Td (.................................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 167.42 Td (51,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.15 167.42 Td (3.9) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 145.25 Td (Production of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.55 145.25 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.25 145.25 Td ( backlog is expected to be substantially completed during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.14 145.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.14 145.25 Td (. ) Tj ET Q q 0 0 0 rg BT 451.46 145.25 Td (The backlog of unfilled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 133.25 Td (orders is one of many indicators of market demand; factors such as changes in production rates, internal and supplier available ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 121.25 Td (capacity) Tj ET Q q 0 0 0 rg BT 82.16 121.25 Td (, new product introductions, and competitive pricing actions may af) Tj ET Q q 0 0 0 rg BT 352.74 121.25 Td (fect point-in-time comparisons. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 103.25 Td (Employees ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 85.25 Td (As our business requirements change, fluctuations may occur within our workforce from year to year) Tj ET Q q 0 0 0 rg BT 453.54 85.25 Td (. ) Tj ET Q q 0 0 0 rg BT 458.36 85.25 Td (W) Tj ET Q q 0 0 0 rg BT 467.00 85.25 Td (e carefully managed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 73.25 Td (our attrition, approving the replacement of key positions that we believe are critical to sustaining the improved business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 61.25 Td (performance in 2019. For more information, see Note 3, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 276.66 61.25 Td (Restructurings, Impairments and Divestitur) Tj ET Q q 0 0 0 rg BT 450.72 61.25 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.05 61.25 Td (, to the accompanying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 49.25 Td (consolidated financial statements.) Tj ET Q endstream endobj 21 0 obj <> endobj 22 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (The following tables summarize the number of employees worldwide as of the dates indicated and an additional subset of active ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (union employees represented by the United ) Tj ET Q q 0 0 0 rg BT 225.01 719.10 Td (Automobile, ) Tj ET Q q 0 0 0 rg BT 277.23 719.10 Td (Aerospace and ) Tj ET Q q 0 0 0 rg BT 338.31 719.10 Td (Agricultural Implement ) Tj ET Q q 0 0 0 rg BT 435.33 719.10 Td (W) Tj ET Q q 0 0 0 rg BT 443.96 719.10 Td (orkers of ) Tj ET Q q 0 0 0 rg BT 481.73 719.10 Td (America \("UA) Tj ET Q q 0 0 0 rg BT 539.71 719.10 Td (W"\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 707.10 Td (and other unions, for the periods as indicated:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 683.6 m 453.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 683.6 m 457.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 683.6 m 507.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 683.6 m 511.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 683.6 m 561.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 683.6 m 453.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 670.6 m 453.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 683.6 m 507.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 670.6 m 507.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 683.6 m 561.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 670.6 m 561.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 626.6 m 453.5 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 626.6 m 507.5 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 626.6 m 561.5 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 626.6 m 453.5 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 612.6 m 453.5 612.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 610.6 m 453.5 610.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 626.6 m 507.5 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 612.6 m 507.5 612.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 610.6 m 507.5 610.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 626.6 m 561.5 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 612.6 m 561.5 612.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 610.6 m 561.5 610.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 687.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.30 687.83 Td (As of October) Tj ET Q q 0 0 0 rg BT 499.70 687.83 Td (31, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.50 674.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.50 674.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.50 674.83 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 661.28 Td (Employees worldwide:) Tj ET Q BT /F1 4.00 Tf ET q 0 0 0 rg BT 406.00 659.98 Td () Tj ET Q BT /F1 4.00 Tf ET q 0 0 0 rg BT 460.00 659.98 Td () Tj ET Q BT /F1 4.00 Tf ET q 0 0 0 rg BT 514.00 659.98 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 646.27 Td (T) Tj ET Q q 0 0 0 rg BT 75.76 646.27 Td (otal active employees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.50 646.17 Td (...............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.15 646.28 Td (12,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 646.27 Td (13,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 646.27 Td (1) Tj ET Q q 0 0 0 rg BT 535.15 646.27 Td (1,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 631.27 Td (T) Tj ET Q q 0 0 0 rg BT 75.41 631.27 Td (otal inactive employees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.00 631.17 Td (............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.15 631.28 Td (1,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 631.27 Td (900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 631.27 Td (900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.00 616.27 Td (T) Tj ET Q q 0 0 0 rg BT 93.41 616.27 Td (otal employees worldwide) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.00 616.17 Td (................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.15 616.28 Td (13,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 616.27 Td (14,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 616.27 Td (12,300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 602.28 Td (T) Tj ET Q q 0 0 0 rg BT 57.75 602.28 Td (otal active union employees:) Tj ET Q BT /F1 4.00 Tf ET q 0 0 0 rg BT 406.00 600.98 Td () Tj ET Q BT /F1 4.00 Tf ET q 0 0 0 rg BT 460.00 600.98 Td () Tj ET Q BT /F1 4.00 Tf ET q 0 0 0 rg BT 514.00 600.98 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 587.27 Td (T) Tj ET Q q 0 0 0 rg BT 75.76 587.27 Td (otal UA) Tj ET Q q 0 0 0 rg BT 106.95 587.27 Td (W) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.50 587.17 Td (.................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.15 587.28 Td (3,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.15 587.27 Td (3,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 587.27 Td (2,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 572.27 Td (T) Tj ET Q q 0 0 0 rg BT 75.41 572.27 Td (otal other unions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.00 572.17 Td (......................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.15 572.28 Td (4,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.15 572.27 Td (5,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 572.27 Td (3,800) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.60 Td (See Item1A, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 104.49 551.60 Td (Risk Factors) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.31 551.60 Td (, for further discussion related to the risk associated with labor and work stoppages. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 530.60 Td (Patents and ) Tj ET Q q 0 0 0 rg BT 102.10 530.60 Td (T) Tj ET Q q 0 0 0 rg BT 108.03 530.60 Td (rademarks ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 512.60 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 512.60 Td (e seek and obtain patents on our inventions and own a significant patent portfolio. ) Tj ET Q q 0 0 0 rg BT 387.79 512.60 Td (Additionally) Tj ET Q q 0 0 0 rg BT 437.69 512.60 Td (, many of the components we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 500.60 Td (purchase for our products are protected by patents that are owned or controlled by the component manufacturer) Tj ET Q q 0 0 0 rg BT 494.33 500.60 Td (. ) Tj ET Q q 0 0 0 rg BT 499.15 500.60 Td (W) Tj ET Q q 0 0 0 rg BT 507.79 500.60 Td (e license ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 488.60 Td (third-party patents for the manufacture of our products and also grant licenses of our patents. ) Tj ET Q q 0 0 0 rg BT 423.09 488.60 Td (The monetary royalties paid or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 476.60 Td (received under these licenses are not material.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 458.60 Td (Our primary trademarks are an important part of our worldwide sales and marketing ef) Tj ET Q q 0 0 0 rg BT 396.14 458.60 Td (forts and provide clear identification of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 446.60 Td (our products and services in the marketplace. ) Tj ET Q q 0 0 0 rg BT 232.59 446.60 Td (T) Tj ET Q q 0 0 0 rg BT 238.00 446.60 Td (o support these ef) Tj ET Q q 0 0 0 rg BT 308.63 446.60 Td (forts, we maintain, or have pending, registrations of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 434.60 Td (primary trademarks in those countries in which we do business or expect to do business. ) Tj ET Q q 0 0 0 rg BT 404.80 434.60 Td (W) Tj ET Q q 0 0 0 rg BT 413.44 434.60 Td (e grant licenses under our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 422.60 Td (trademarks for consumer) Tj ET Q q 0 0 0 rg BT 149.26 422.60 Td (-oriented goods, such as toy trucks and apparel, outside the product lines that we manufacture. ) Tj ET Q q 0 0 0 rg BT 528.97 422.60 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 410.60 Td (monetary royalties received under these licenses are not material.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 392.60 Td (Supply ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 374.60 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 374.60 Td (e purchase raw materials, parts, and manufactured components from numerous third-party suppliers. ) Tj ET Q q 0 0 0 rg BT 462.00 374.60 Td (T) Tj ET Q q 0 0 0 rg BT 467.41 374.60 Td (o avoid duplicate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 362.60 Td (tooling expenses and to maximize volume benefits, single-source suppliers fill a majority of our requirements for parts and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 350.60 Td (manufactured components. Some parts and manufactured components are generic to the industry while others are of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 338.60 Td (proprietary design requiring unique tooling, which require additional ef) Tj ET Q q 0 0 0 rg BT 335.07 338.60 Td (fort to relocate. However) Tj ET Q q 0 0 0 rg BT 435.18 338.60 Td (, we believe our exposure to a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 326.60 Td (disruption in production as a result of an interruption of raw materials and supplies is no greater than the industry as a whole.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 308.60 Td (Our costs for trucks and parts sold consist primarily of material costs which are influenced by commodities prices such as steel, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 296.60 Td (precious metals, resins, and petroleum products. ) Tj ET Q q 0 0 0 rg BT 244.55 296.60 Td (W) Tj ET Q q 0 0 0 rg BT 253.19 296.60 Td (e continue to look for opportunities to mitigate the ef) Tj ET Q q 0 0 0 rg BT 464.90 296.60 Td (fects of market-based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 284.60 Td (commodity cost increases through a combination of design changes, material substitution, alternate supplier resourcing, global ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 272.60 Td (sourcing ef) Tj ET Q q 0 0 0 rg BT 94.03 272.60 Td (forts, and hedging activities. ) Tj ET Q q 0 0 0 rg BT 209.93 272.60 Td (The objective of this strategy is to ensure cost stability and competitiveness in an often ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 260.60 Td (volatile global marketplace. Generally) Tj ET Q q 0 0 0 rg BT 202.12 260.60 Td (, the impact of commodity cost fluctuations in the global market will be reflected in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 248.60 Td (financial results on a delayed basis, depending on many factors including the terms of supplier contracts, special pricing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 236.60 Td (arrangements, and any commodity hedging strategies employed.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 218.60 Td (Impact of Government Regulation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 200.60 Td (T) Tj ET Q q 0 0 0 rg BT 55.26 200.60 Td (ruck and engine manufacturers continue to face significant governmental regulation of their products, especially in the areas ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 188.60 Td (of environmental and safety matters, including on-highway emissions standards which require reducing allowable particulate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 176.60 Td (matter and oxides of nitrogen \("NOx"\). Meeting these emissions standards resulted in a significant increase in the cost of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 164.60 Td (products.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 146.60 Td (In 2010, the initial phase-in of onboard diagnostic \("OBD"\) requirements commenced for the initial family of truck engines and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 134.60 Td (those products were certified. ) Tj ET Q q 0 0 0 rg BT 170.11 134.60 Td (The phase-in for the remaining engine families occurred in 2013. Canadian heavy-duty engine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 122.60 Td (emissions regulations essentially mirror those of the U.S. Environmental Protection ) Tj ET Q q 0 0 0 rg BT 385.56 122.60 Td (Agency \(the "EP) Tj ET Q q 0 0 0 rg BT 452.04 122.60 Td (A"\). In Mexico, we of) Tj ET Q q 0 0 0 rg BT 540.36 122.60 Td (fer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 110.60 Td (EP) Tj ET Q q 0 0 0 rg BT 60.25 110.60 Td (A) Tj ET Q q 0 0 0 rg BT 66.92 110.60 Td ( 2004 and Euro IV) Tj ET Q q 0 0 0 rg BT 141.17 110.60 Td ( engines that comply with current standards in that country) Tj ET Q q 0 0 0 rg BT 375.74 110.60 Td (. Mexico lowered NOx emission standards in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 98.60 Td (2019 and will be lowering NOx emission standards in 2021 to Euro ) Tj ET Q q 0 0 0 rg BT 322.06 98.60 Td (V) Tj ET Q q 0 0 0 rg BT 329.10 98.60 Td ( and ) Tj ET Q q 0 0 0 rg BT 348.36 98.60 Td (VI levels, respectively) Tj ET Q q 0 0 0 rg BT 437.40 98.60 Td (. Navistar Heavy Duty Diesel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 86.60 Td (\("HDD"\) engines meet the EURO ) Tj ET Q q 0 0 0 rg BT 187.73 86.60 Td (V) Tj ET Q q 0 0 0 rg BT 194.77 86.60 Td ( and ) Tj ET Q q 0 0 0 rg BT 214.03 86.60 Td (VI with current controls technology) Tj ET Q q 0 0 0 rg BT 356.67 86.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 68.60 Td (T) Tj ET Q q 0 0 0 rg BT 55.26 68.60 Td (ruck manufacturers are also subject to various noise standards imposed by federal, state, and local regulations. ) Tj ET Q q 0 0 0 rg BT 498.17 68.60 Td (As the engine is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 56.60 Td (one of a truck's primary sources of noise, we invest a great deal of ef) Tj ET Q q 0 0 0 rg BT 324.08 56.60 Td (fort to develop strategies to reduce engine noise. ) Tj ET Q q 0 0 0 rg BT 520.22 56.60 Td (W) Tj ET Q q 0 0 0 rg BT 528.86 56.60 Td (e are ) Tj ET Q endstream endobj 23 0 obj <> endobj 24 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.15 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 305.78 33.60 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (also subject to the National ) Tj ET Q q 0 0 0 rg BT 160.68 731.10 Td (T) Tj ET Q q 0 0 0 rg BT 166.44 731.10 Td (raf) Tj ET Q q 0 0 0 rg BT 177.36 731.10 Td (fic and Motor ) Tj ET Q q 0 0 0 rg BT 234.66 731.10 Td (V) Tj ET Q q 0 0 0 rg BT 240.77 731.10 Td (ehicle Safety ) Tj ET Q q 0 0 0 rg BT 294.64 731.10 Td (Act \("Safety ) Tj ET Q q 0 0 0 rg BT 346.49 731.10 Td (Act"\) and Federal Motor ) Tj ET Q q 0 0 0 rg BT 447.58 731.10 Td (V) Tj ET Q q 0 0 0 rg BT 453.69 731.10 Td (ehicle Safety Standards ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (\("Safety Standards"\) promulgated by the National Highway ) Tj ET Q q 0 0 0 rg BT 290.48 719.10 Td (T) Tj ET Q q 0 0 0 rg BT 296.24 719.10 Td (raf) Tj ET Q q 0 0 0 rg BT 307.16 719.10 Td (fic Safety ) Tj ET Q q 0 0 0 rg BT 347.70 719.10 Td (Administration \("NHTSA"\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (Government regulation related to climate change is under consideration at the U.S. federal and state levels. Because our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (products use fossil fuels, they may be impacted indirectly due to regulation, such as a cap and trade program, af) Tj ET Q q 0 0 0 rg BT 495.84 689.10 Td (fecting the cost ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (of fuels. ) Tj ET Q q 0 0 0 rg BT 84.59 677.10 Td (The EP) Tj ET Q q 0 0 0 rg BT 113.39 677.10 Td (A) Tj ET Q q 0 0 0 rg BT 120.06 677.10 Td ( and the NHTSA) Tj ET Q q 0 0 0 rg BT 187.00 677.10 Td ( issued final rules for GHG emissions and fuel economy in 201) Tj ET Q q 0 0 0 rg BT 439.08 677.10 Td (1, which were fully ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (implemented in model year 2017. ) Tj ET Q q 0 0 0 rg BT 186.51 665.10 Td (W) Tj ET Q q 0 0 0 rg BT 195.14 665.10 Td (e are complying with these rules through use of existing technologies and implementation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (of emer) Tj ET Q q 0 0 0 rg BT 80.13 653.10 Td (ging technologies as they become available. ) Tj ET Q q 0 0 0 rg BT 258.50 653.10 Td (The EP) Tj ET Q q 0 0 0 rg BT 287.30 653.10 Td (A) Tj ET Q q 0 0 0 rg BT 293.97 653.10 Td ( and NHTSA) Tj ET Q q 0 0 0 rg BT 346.19 653.10 Td ( adopted a final rule in October 2016 with a second ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (phase of federal GHG emission and fuel economy regulations. ) Tj ET Q q 0 0 0 rg BT 301.47 641.10 Td (This rule contains significantly more stringent emissions levels ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.10 Td (for engines and vehicles, which will require substantial investments of capital. ) Tj ET Q q 0 0 0 rg BT 365.07 629.10 Td (The GHG emission standards in the rule will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (take ef) Tj ET Q q 0 0 0 rg BT 76.24 617.10 Td (fect in model year 2021 and be implemented in three stages culminating in model year 2027. ) Tj ET Q q 0 0 0 rg BT 449.56 617.10 Td (W) Tj ET Q q 0 0 0 rg BT 458.20 617.10 Td (e continue to assess the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (impact of the rule on us and our stakeholders as we develop our product planning for that period.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (Canada adopted its version of fuel economy and GHG emission regulations in February 2013. ) Tj ET Q q 0 0 0 rg BT 427.85 587.10 Td (These regulations are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (substantially aligned with U.S. fuel economy and GHG emission regulations. Canada has finalized heavy duty phase 2 GHG ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (rulemaking, which is substantially similar to EP) Tj ET Q q 0 0 0 rg BT 240.51 563.10 Td (A) Tj ET Q q 0 0 0 rg BT 247.18 563.10 Td ( regulations with more stringent requirements for heavy haul tractors.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.10 Td (In December 2014, California adopted GHG emission rules for heavy duty vehicles equivalent to EP) Tj ET Q q 0 0 0 rg BT 451.53 545.10 Td (A) Tj ET Q q 0 0 0 rg BT 458.20 545.10 Td ( phase 1 rules and is in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.10 Td (the process of adopting its phase 2 equivalent rules. In 2014 California also adopted an optional lower emission standard for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (NOx in California. California has stated its intention to lower NOx standards for California-certified engines and has requested ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.10 Td (that the EP) Tj ET Q q 0 0 0 rg BT 92.46 509.10 Td (A) Tj ET Q q 0 0 0 rg BT 99.13 509.10 Td ( lower its standards. In June 2016, several regional air quality management districts in California and other states, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (as well as the environmental agencies for several states, petitioned the EP) Tj ET Q q 0 0 0 rg BT 342.93 497.10 Td (A) Tj ET Q q 0 0 0 rg BT 349.60 497.10 Td ( to adopt lower NOx emission standards for on-road ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.10 Td (heavy duty trucks and engines. In addition to lower NOx, EP) Tj ET Q q 0 0 0 rg BT 292.42 485.10 Td (A) Tj ET Q q 0 0 0 rg BT 299.09 485.10 Td ( and the California ) Tj ET Q q 0 0 0 rg BT 375.74 485.10 Td (Air Resources Board \("CARB"\) may consider ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 473.10 Td (other actions, including extending emission warranty periods. On November 14, 2018 the EP) Tj ET Q q 0 0 0 rg BT 421.01 473.10 Td (A) Tj ET Q q 0 0 0 rg BT 427.68 473.10 Td ( announced the Cleaner ) Tj ET Q q 0 0 0 rg BT 528.56 473.10 Td (T) Tj ET Q q 0 0 0 rg BT 534.32 473.10 Td (rucks ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.10 Td (Initiative which will begin the regulatory process for a reduced NOx emissions regulation while also streamlining compliance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.10 Td (and certification requirements. In addition to lower NOx, EP) Tj ET Q q 0 0 0 rg BT 291.29 449.10 Td (A) Tj ET Q q 0 0 0 rg BT 297.96 449.10 Td ( and California may consider other actions, including extending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.10 Td (warranty periods, mandating sales of zero emission trucks, and requiring certification of zero emission heavy duty vehicles. ) Tj ET Q q 0 0 0 rg BT 546.39 437.10 Td (W) Tj ET Q q 0 0 0 rg BT 555.03 437.10 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (will monitor and participate in this rulemaking. ) Tj ET Q q 0 0 0 rg BT 240.95 425.10 Td (W) Tj ET Q q 0 0 0 rg BT 249.58 425.10 Td (e expect that heavy duty vehicle and engine fuel economy and GHG ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (emissions rules will be under consideration in other global jurisdictions in the future. ) Tj ET Q q 0 0 0 rg BT 391.48 413.10 Td (These standards will require significant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (investments of capital, will significantly increase costs of development for engines and vehicles, and will require us to incur ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (administrative costs arising from implementation of the standards.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.10 Td (The EP) Tj ET Q q 0 0 0 rg BT 78.30 371.10 Td (A) Tj ET Q q 0 0 0 rg BT 84.97 371.10 Td ( also issued a final rule in October 2015 that lowered the National ) Tj ET Q q 0 0 0 rg BT 350.17 371.10 Td (Ambient ) Tj ET Q q 0 0 0 rg BT 387.12 371.10 Td (Air Quality Standard for ozone to 70 parts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.10 Td (per billion. ) Tj ET Q q 0 0 0 rg BT 95.70 359.10 Td (This rule could lead to future lower emission standards for substances that contribute to ozone, including NOx from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.10 Td (vehicles, at the federal and state levels.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 329.10 Td (Our facilities may be subject to regulation related to climate change, and climate change itself may also have some impact on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 317.10 Td (our operations. However) Tj ET Q q 0 0 0 rg BT 148.24 317.10 Td (, these impacts are currently uncertain and we cannot predict the nature and scope of those impacts.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 296.10 Td (Information ) Tj ET Q q 0 0 0 rg BT 103.67 296.10 Td (About Our) Tj ET Q q 0 0 0 rg BT 150.44 296.10 Td ( Executive Officers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 275.10 Td (The following selected information for each of our current executive of) Tj ET Q q 0 0 0 rg BT 334.76 275.10 Td (ficers \(as defined by regulations of the SEC\) was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 263.10 Td (prepared as of November30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.34 263.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.34 263.10 Td (. ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49 239.60000000000002 m 163 239.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 167 239.60000000000002 m 194 239.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198 239.60000000000002 m 562 239.60000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 51.50 244.00 Td (Name) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 172.50 244.00 Td (Age) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 200.50 244.00 Td (Position with the Company) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 105.50 236.41 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 180.00 236.41 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 379.50 236.41 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 224.22 Td (T) Tj ET Q q 0 0 0 rg BT 57.43 224.22 Td (roy ) Tj ET Q q 0 0 0 rg BT 72.81 224.22 Td (A. Clarke) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 224.17 Td (...................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.00 224.22 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.50 224.22 Td (Chairman, President and Chief Executive Of) Tj ET Q q 0 0 0 rg BT 379.25 224.22 Td (ficer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 208.72 Td (W) Tj ET Q q 0 0 0 rg BT 60.54 208.72 Td (alter G. Borst) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.50 209.17 Td (..................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.00 208.72 Td (57) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.50 208.72 Td (Executive ) Tj ET Q q 0 0 0 rg BT 242.89 208.72 Td (V) Tj ET Q q 0 0 0 rg BT 249.72 208.72 Td (ice President and Chief Financial Of) Tj ET Q q 0 0 0 rg BT 395.12 208.72 Td (ficer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 193.72 Td (Persio ) Tj ET Q q 0 0 0 rg BT 78.91 193.72 Td (V) Tj ET Q q 0 0 0 rg BT 85.40 193.72 Td (. Lisboa) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 194.17 Td (.................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.00 193.72 Td (54) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.50 193.72 Td (Executive ) Tj ET Q q 0 0 0 rg BT 242.89 193.72 Td (V) Tj ET Q q 0 0 0 rg BT 249.72 193.72 Td (ice President and Chief Operating Of) Tj ET Q q 0 0 0 rg BT 397.90 193.72 Td (ficer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 178.72 Td (W) Tj ET Q q 0 0 0 rg BT 60.74 178.72 Td (illiam ) Tj ET Q q 0 0 0 rg BT 86.28 178.72 Td (V) Tj ET Q q 0 0 0 rg BT 92.76 178.72 Td (. McMenamin) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.50 179.17 Td (....) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.00 178.72 Td (60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.50 178.72 Td (President, Financial Services and ) Tj ET Q q 0 0 0 rg BT 335.65 178.72 Td (T) Tj ET Q q 0 0 0 rg BT 341.50 178.72 Td (reasurer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 163.72 Td (Samara ) Tj ET Q q 0 0 0 rg BT 83.71 163.72 Td (A. Strycker) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.00 164.17 Td (...........) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.00 163.72 Td (47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.50 163.72 Td (Senior ) Tj ET Q q 0 0 0 rg BT 229.02 163.72 Td (V) Tj ET Q q 0 0 0 rg BT 235.85 163.72 Td (ice President and Corporate Controller) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 148.72 Td (Curt ) Tj ET Q q 0 0 0 rg BT 71.50 148.72 Td (A. Kramer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.50 149.17 Td (..................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.00 148.72 Td (51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.50 148.72 Td (Senior ) Tj ET Q q 0 0 0 rg BT 228.93 148.72 Td (V) Tj ET Q q 0 0 0 rg BT 235.55 148.72 Td (ice President and General Counsel) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 133.27 Td (Richard E. Bond) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.50 133.17 Td (................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.00 133.27 Td (66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.50 133.27 Td (Associate General Counsel and Corporate Secretary) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 25 0 obj <> endobj 26 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 742.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.43 742.25 Td (r) Tj ET Q q 0 0 0 rg BT 59.69 742.25 Td (oy ) Tj ET Q q 0 0 0 rg BT 71.63 742.25 Td (A. Clarke ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.79 742.25 Td (has served as our President and Chief Executive Of) Tj ET Q q 0 0 0 rg BT 321.11 742.25 Td (ficer and as a member of our Board of Directors since ) Tj ET Q q 0 0 0 rg BT 538.52 742.25 Td (April ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.25 Td (2013 and has served as Chairman of our Board of Directors since February 2017. Mr) Tj ET Q q 0 0 0 rg BT 388.58 730.25 Td (.Clarke served as our President and Chief ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 718.25 Td (Operating Of) Tj ET Q q 0 0 0 rg BT 102.36 718.25 Td (ficer from ) Tj ET Q q 0 0 0 rg BT 144.56 718.25 Td (August 2012 to ) Tj ET Q q 0 0 0 rg BT 208.18 718.25 Td (April 2013. Prior to holding these positions, Mr) Tj ET Q q 0 0 0 rg BT 398.46 718.25 Td (.Clarke served at NI as President of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 706.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.26 706.25 Td (ruck and Engine Group from June 2012 to ) Tj ET Q q 0 0 0 rg BT 226.34 706.25 Td (August 2012, as President of ) Tj ET Q q 0 0 0 rg BT 343.55 706.25 Td (Asia-Pacific Operations of NI from 201) Tj ET Q q 0 0 0 rg BT 502.30 706.25 Td (1 to 2012, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 694.25 Td (as Senior ) Tj ET Q q 0 0 0 rg BT 88.76 694.25 Td (V) Tj ET Q q 0 0 0 rg BT 95.38 694.25 Td (ice President of Strategic Initiatives of NI from 2010 to 201) Tj ET Q q 0 0 0 rg BT 333.84 694.25 Td (1. Prior to joining NI, Mr) Tj ET Q q 0 0 0 rg BT 434.68 694.25 Td (.Clarke held various positions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 682.25 Td (at GM, including President of GM North ) Tj ET Q q 0 0 0 rg BT 215.04 682.25 Td (America from 2006 to 2009 and President of GM ) Tj ET Q q 0 0 0 rg BT 414.73 682.25 Td (Asia Pacific from 2003 to 2006. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 661.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.95 661.25 Td (alter) Tj ET Q q 0 0 0 rg BT 78.75 661.25 Td ( G. Borst ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.86 661.25 Td (has served as our Executive ) Tj ET Q q 0 0 0 rg BT 233.25 661.25 Td (V) Tj ET Q q 0 0 0 rg BT 239.87 661.25 Td (ice President and Chief Financial Of) Tj ET Q q 0 0 0 rg BT 385.48 661.25 Td (ficer since June 2013. Prior to joining NI, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 649.25 Td (Mr) Tj ET Q q 0 0 0 rg BT 61.17 649.25 Td (.Borst served as Chairman, President and CEO of GM ) Tj ET Q q 0 0 0 rg BT 282.25 649.25 Td (Asset Management and ) Tj ET Q q 0 0 0 rg BT 378.43 649.25 Td (V) Tj ET Q q 0 0 0 rg BT 385.05 649.25 Td (ice President of GM since 2010. Prior to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 637.25 Td (that, Mr) Tj ET Q q 0 0 0 rg BT 81.17 637.25 Td (.Borst served as ) Tj ET Q q 0 0 0 rg BT 149.58 637.25 Td (V) Tj ET Q q 0 0 0 rg BT 156.20 637.25 Td (ice President and ) Tj ET Q q 0 0 0 rg BT 226.83 637.25 Td (T) Tj ET Q q 0 0 0 rg BT 232.59 637.25 Td (reasurer of GM from 2009 to 2010 and as ) Tj ET Q q 0 0 0 rg BT 401.54 637.25 Td (T) Tj ET Q q 0 0 0 rg BT 407.29 637.25 Td (reasurer of GM from 2003 to 2009.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 616.25 Td (Persio ) Tj ET Q q 0 0 0 rg BT 78.47 616.25 Td (V) Tj ET Q q 0 0 0 rg BT 84.41 616.25 Td (. Lisboa ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.81 616.25 Td (has served as Executive ) Tj ET Q q 0 0 0 rg BT 218.37 616.25 Td (V) Tj ET Q q 0 0 0 rg BT 224.99 616.25 Td (ice President and Chief Operating Of) Tj ET Q q 0 0 0 rg BT 373.37 616.25 Td (ficer of NIC since March 2017. Prior to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 604.25 Td (holding this position, Mr) Tj ET Q q 0 0 0 rg BT 148.40 604.25 Td (. Lisboa served as the President, Operations of NI from November 2014 to March 2017, as Senior ) Tj ET Q q 0 0 0 rg BT 542.02 604.25 Td (V) Tj ET Q q 0 0 0 rg BT 548.64 604.25 Td (ice ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 592.25 Td (President, Chief Procurement Of) Tj ET Q q 0 0 0 rg BT 180.40 592.25 Td (ficer of NI from December 2012 to November 2014, as ) Tj ET Q q 0 0 0 rg BT 403.75 592.25 Td (V) Tj ET Q q 0 0 0 rg BT 410.37 592.25 Td (ice President, Purchasing and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 580.25 Td (Logistics and Chief Procurement Of) Tj ET Q q 0 0 0 rg BT 194.29 580.25 Td (ficer of NI from October 201) Tj ET Q q 0 0 0 rg BT 310.26 580.25 Td (1 to November 2012 and ) Tj ET Q q 0 0 0 rg BT 412.00 580.25 Td (V) Tj ET Q q 0 0 0 rg BT 418.62 580.25 Td (ice President, Purchasing and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 568.25 Td (Logistics of NI from ) Tj ET Q q 0 0 0 rg BT 133.93 568.25 Td (August 2008 to October 201) Tj ET Q q 0 0 0 rg BT 247.44 568.25 Td (1. Prior to these positions, Mr) Tj ET Q q 0 0 0 rg BT 366.05 568.25 Td (. Lisboa held various management positions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 556.25 Td (within the Company) Tj ET Q q 0 0 0 rg BT 133.94 556.25 Td (s North ) Tj ET Q q 0 0 0 rg BT 165.61 556.25 Td (American and South ) Tj ET Q q 0 0 0 rg BT 249.76 556.25 Td (American operations.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 535.25 Td (W) Tj ET Q q 0 0 0 rg BT 59.32 535.25 Td (illiam ) Tj ET Q q 0 0 0 rg BT 86.08 535.25 Td (V) Tj ET Q q 0 0 0 rg BT 92.01 535.25 Td (. McMenamin ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.50 535.25 Td (has served as our President, Financial Services and ) Tj ET Q q 0 0 0 rg BT 360.65 535.25 Td (T) Tj ET Q q 0 0 0 rg BT 366.41 535.25 Td (reasurer since ) Tj ET Q q 0 0 0 rg BT 423.60 535.25 Td (August 2015. He has also served ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 523.25 Td (as President of NFC since January 2013. Mr) Tj ET Q q 0 0 0 rg BT 226.15 523.25 Td (. McMenamin served as ) Tj ET Q q 0 0 0 rg BT 324.55 523.25 Td (V) Tj ET Q q 0 0 0 rg BT 331.17 523.25 Td (ice President, Chief Financial Of) Tj ET Q q 0 0 0 rg BT 462.34 523.25 Td (ficer and ) Tj ET Q q 0 0 0 rg BT 499.92 523.25 Td (T) Tj ET Q q 0 0 0 rg BT 505.67 523.25 Td (reasurer of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 511.25 Td (NFC from October 2008 to January 2013. Prior to these positions, he served as ) Tj ET Q q 0 0 0 rg BT 367.61 511.25 Td (V) Tj ET Q q 0 0 0 rg BT 374.23 511.25 Td (ice President of Strategy of NFC from May ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 499.25 Td (2007 to October 2008, ) Tj ET Q q 0 0 0 rg BT 141.80 499.25 Td (V) Tj ET Q q 0 0 0 rg BT 148.43 499.25 Td (ice President of Credit of NFC from ) Tj ET Q q 0 0 0 rg BT 294.79 499.25 Td (April 2005 to May 2007, and Director of Corporate Finance of NI ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 487.25 Td (from 2001 to 2005. Prior to joining Navistar) Tj ET Q q 0 0 0 rg BT 226.31 487.25 Td (, Mr) Tj ET Q q 0 0 0 rg BT 242.98 487.25 Td (. McMenamin held various positions in finance and accounting with a human ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 475.25 Td (resources services company) Tj ET Q q 0 0 0 rg BT 160.47 475.25 Td (, a national bank and a national accounting firm.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 454.25 Td (Samara ) Tj ET Q q 0 0 0 rg BT 84.78 454.25 Td (A. Strycker) Tj ET Q q 0 0 0 rg BT 134.03 454.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.53 454.25 Td (has served as Senior ) Tj ET Q q 0 0 0 rg BT 220.21 454.25 Td (V) Tj ET Q q 0 0 0 rg BT 226.83 454.25 Td (ice President and Corporate Controller of NIC since ) Tj ET Q q 0 0 0 rg BT 436.78 454.25 Td (August 2014. Prior to joining ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 442.25 Td (NIC, Ms. Strycker served as Regional Controller) Tj ET Q q 0 0 0 rg BT 244.62 442.25 Td (, ) Tj ET Q q 0 0 0 rg BT 249.07 442.25 Td (Americas, of General Electric Healthcare \("GE Healthcare"\) from July 2010 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 430.25 Td (to July 2014 and prior to that position she served as ) Tj ET Q q 0 0 0 rg BT 257.53 430.25 Td (Assistant Controller of GE Healthcare from September 2008 to July 2010. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 418.25 Td (Prior to joining GE Healthcare, Ms.Strycker was employed at PricewaterhouseCoopers LLP) Tj ET Q q 0 0 0 rg BT 420.43 418.25 Td ( from 1993 to 2008.Ms.Strycker ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 406.25 Td (is a Certified Public ) Tj ET Q q 0 0 0 rg BT 131.16 406.25 Td (Accountant.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 385.25 Td (Curt ) Tj ET Q q 0 0 0 rg BT 72.00 385.25 Td (A. Kramer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.65 385.25 Td ( has served as our Senior ) Tj ET Q q 0 0 0 rg BT 220.66 385.25 Td (V) Tj ET Q q 0 0 0 rg BT 227.28 385.25 Td (ice President and General Counsel since ) Tj ET Q q 0 0 0 rg BT 390.01 385.25 Td (April 2017. Prior to holding this position, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 373.25 Td (Mr) Tj ET Q q 0 0 0 rg BT 61.17 373.25 Td (.Kramer served as ) Tj ET Q q 0 0 0 rg BT 138.08 373.25 Td (Associate General Counsel and Corporate Secretary of NIC and NI since December 2007. Prior to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 361.25 Td (holding these positions, Mr) Tj ET Q q 0 0 0 rg BT 158.39 361.25 Td (.Kramer served as General ) Tj ET Q q 0 0 0 rg BT 269.45 361.25 Td (Attorney of NI from ) Tj ET Q q 0 0 0 rg BT 352.77 361.25 Td (April 2007 to December 2007, Senior Counsel of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 349.25 Td (NI from 2004 to 2007, Senior ) Tj ET Q q 0 0 0 rg BT 170.33 349.25 Td (Attorney of NI from 2003 to 2004, and ) Tj ET Q q 0 0 0 rg BT 328.36 349.25 Td (Attorney of NI from 2002 to 2003. Prior to joining NI, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 337.25 Td (Mr) Tj ET Q q 0 0 0 rg BT 61.17 337.25 Td (.Kramer was in private practice.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 316.25 Td (Richard E. Bond) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 121.46 316.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.96 316.25 Td (has served as our ) Tj ET Q q 0 0 0 rg BT 194.50 316.25 Td (Associate General Counsel and Corporate Secretary since June 2017. Mr) Tj ET Q q 0 0 0 rg BT 485.53 316.25 Td (. Bond joined NI ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 304.25 Td (in 2009 as ) Tj ET Q q 0 0 0 rg BT 92.56 304.25 Td (Assistant General ) Tj ET Q q 0 0 0 rg BT 165.32 304.25 Td (Attorney and became General ) Tj ET Q q 0 0 0 rg BT 286.93 304.25 Td (Attorney and ) Tj ET Q q 0 0 0 rg BT 341.37 304.25 Td (Assistant Corporate Secretary in June 2015. Prior to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 292.25 Td (joining NI, he served Monaco Coach Corporation as Senior ) Tj ET Q q 0 0 0 rg BT 289.82 292.25 Td (V) Tj ET Q q 0 0 0 rg BT 296.44 292.25 Td (ice President, Secretary and Chief ) Tj ET Q q 0 0 0 rg BT 434.17 292.25 Td (Administrative Of) Tj ET Q q 0 0 0 rg BT 507.03 292.25 Td (ficer from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 280.25 Td (1999 to 2009, ) Tj ET Q q 0 0 0 rg BT 107.10 280.25 Td (V) Tj ET Q q 0 0 0 rg BT 113.72 280.25 Td (ice President, Secretary and Chief ) Tj ET Q q 0 0 0 rg BT 251.45 280.25 Td (Administrative Of) Tj ET Q q 0 0 0 rg BT 324.31 280.25 Td (ficer from 1998 to 1999 and as ) Tj ET Q q 0 0 0 rg BT 449.93 280.25 Td (V) Tj ET Q q 0 0 0 rg BT 456.55 280.25 Td (ice President, General ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 268.25 Td (Counsel and Secretary from 1997 to 1998. Prior to 1997, Mr) Tj ET Q q 0 0 0 rg BT 291.14 268.25 Td (. Bond was the senior legal of) Tj ET Q q 0 0 0 rg BT 410.10 268.25 Td (ficer of another recreational vehicle ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 256.25 Td (manufacturer) Tj ET Q q 0 0 0 rg BT 102.40 256.25 Td (, after beginning his career in private practice. ) Tj ET Q endstream endobj 27 0 obj <> endobj 28 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (13) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 731.25 Td (Item1A.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.71 731.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 112.50 731.25 Td (Risk Factors) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 710.25 Td (Our financial condition, results of operations, and cash flows are subject to various risks, many of which are not exclusively ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 698.25 Td (within our control, which may cause actual performance to dif) Tj ET Q q 0 0 0 rg BT 298.67 698.25 Td (fer materially from historical or projected future performance. ) Tj ET Q q 0 0 0 rg BT 549.21 698.25 Td (W) Tj ET Q q 0 0 0 rg BT 557.85 698.25 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 686.25 Td (have in place an Enterprise Risk Management \("ERM"\) process that involves systematic risk identification and mitigation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 674.25 Td (covering the categories of Strategic, Financial, Operational, and Compliance risk. ) Tj ET Q q 0 0 0 rg BT 378.10 674.25 Td (The goal of ERM is not to eliminate all risk, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 662.25 Td (but rather to identify and assess risks; assign, mitigate and monitor risks; and report the status of our risks to the Management ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 650.25 Td (Risk Committee and the Board of Directors and its committees. ) Tj ET Q q 0 0 0 rg BT 306.21 650.25 Td (The risks described below could materially and adversely af) Tj ET Q q 0 0 0 rg BT 546.50 650.25 Td (fect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 638.25 Td (our business, financial condition, results of operations, or cash flows.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 617.25 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 617.25 Td (e may not realize suf) Tj ET Q q 0 0 0 rg BT 142.46 617.25 Td (ficient acceptance of our products in the marketplace in order to achieve our goal of revenue and ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 605.25 Td (market share growth.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 584.25 Td (Key elements of our operating strategy are to focus on our Core markets and grow revenue and market share. ) Tj ET Q q 0 0 0 rg BT 488.61 584.25 Td (The extent to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 572.25 Td (which, and the rate at which, we achieve market acceptance and penetration of our current and future products is a function of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 560.25 Td (many variables including, but not limited to: price, safety) Tj ET Q q 0 0 0 rg BT 278.24 560.25 Td (, ef) Tj ET Q q 0 0 0 rg BT 290.83 560.25 Td (ficacy) Tj ET Q q 0 0 0 rg BT 314.60 560.25 Td (, reliability) Tj ET Q q 0 0 0 rg BT 357.83 560.25 Td (, conversion costs, competitive pressures, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 548.25 Td (regulatory approvals, marketing and sales ef) Tj ET Q q 0 0 0 rg BT 226.48 548.25 Td (forts, operating costs, residual values, and general economic conditions af) Tj ET Q q 0 0 0 rg BT 521.76 548.25 Td (fecting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 536.25 Td (purchasing patterns. ) Tj ET Q q 0 0 0 rg BT 134.48 536.25 Td (Any failure to gain and retain market share could have an adverse ef) Tj ET Q q 0 0 0 rg BT 407.51 536.25 Td (fect on our business, liquidity) Tj ET Q q 0 0 0 rg BT 525.46 536.25 Td (, results ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 524.25 Td (of operations and financial condition.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 503.25 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 503.25 Td (e operate in the highly competitive North ) Tj ET Q q 0 0 0 rg BT 228.10 503.25 Td (American truck and parts markets which are subject to considerable cyclicality ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 491.25 Td (and to remain competitive we must maintain profitability throughout the entire cycle.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 470.25 Td (The North ) Tj ET Q q 0 0 0 rg BT 92.83 470.25 Td (American truck and parts markets in which we operate are highly competitive and cyclical. ) Tj ET Q q 0 0 0 rg BT 461.58 470.25 Td (As a result, we and other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 458.25 Td (manufacturers face competitive pricing and mar) Tj ET Q q 0 0 0 rg BT 241.17 458.25 Td (gin pressures that could adversely af) Tj ET Q q 0 0 0 rg BT 386.78 458.25 Td (fect our ability to increase or maintain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 446.25 Td (vehicle prices. Many of our competitors have greater financial resources, which may place us at a competitive disadvantage in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 434.25 Td (responding to substantial industry changes, such as changes in governmental regulations that require major additional capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 422.25 Td (expenditures. In addition, certain of our competitors may have a lower overall cost structure.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.25 Td (In order to remain competitive, we must remain profitable throughout the entire cycle. Our ability to be profitable depends in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.25 Td (part on the varying conditions in the truck, bus, mid-range diesel engine, and service parts markets, which are subject to cycles ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.25 Td (in the overall business environment and are particularly sensitive to the industrial sector) Tj ET Q q 0 0 0 rg BT 400.67 377.25 Td (, which generates a significant portion ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.25 Td (of the freight tonnage hauled. ) Tj ET Q q 0 0 0 rg BT 169.83 365.25 Td (T) Tj ET Q q 0 0 0 rg BT 175.59 365.25 Td (ruck and engine demand is also dependent on general economic conditions, interest rate levels ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 353.25 Td (and fuel costs, among other external factors. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 335.25 Td (Our business has significant liquidity requirements, and while recent operating results have improved our liquidity position, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 323.25 Td (the Company) Tj ET Q q 0 0 0 rg BT 106.81 323.25 Td (s overall credit profile and the cyclicality of the industry could have an adverse impact on our liquidity ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 311.25 Td (position. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 293.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 293.25 Td (e believe that in the absence of significant extraordinary cash demands, our: \(i\) level of cash, cash equivalents, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 281.25 Td (marketable securities, \(ii\) current and forecasted cash flow from our Manufacturing operations and Financial Services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.25 Td (operations, \(iii\) availability under various funding facilities, \(iv\) current and forecasted availability from various funding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.25 Td (alliances, and \(v\) access to capital in the capital markets will provide suf) Tj ET Q q 0 0 0 rg BT 339.49 257.25 Td (ficient funds to meet operating requirements \(including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.25 Td (the MaxxForce ) Tj ET Q q 0 0 0 rg BT 112.26 245.25 Td (Advanced EGR engine class action settlement\), capital expenditures, investments, and financial obligations on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.25 Td (both a short-term and long-term basis. Significant assumptions underlie our beliefs with respect to our liquidity position, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.25 Td (including, among other things, assumptions relating to North ) Tj ET Q q 0 0 0 rg BT 295.03 221.25 Td (American truck volumes, the continuing availability of trade credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 209.25 Td (from certain key suppliers, the ability to gain and retain market share and grow revenue and mar) Tj ET Q q 0 0 0 rg BT 434.46 209.25 Td (gins, the absence of material ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 197.25 Td (adverse developments in our competitive market position, and access to the capital markets and our capital requirements. ) Tj ET Q q 0 0 0 rg BT 535.73 197.25 Td (As a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 185.25 Td (result, we cannot assure you that we will continue to have suf) Tj ET Q q 0 0 0 rg BT 295.36 185.25 Td (ficient liquidity to meet our operating needs. In the event that we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 173.25 Td (do not have suf) Tj ET Q q 0 0 0 rg BT 110.70 173.25 Td (ficient liquidity) Tj ET Q q 0 0 0 rg BT 171.98 173.25 Td (, we may be required to seek additional capital, sell assets, reduce or cut back our operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 161.25 Td (activities or otherwise alter our business strategy) Tj ET Q q 0 0 0 rg BT 243.80 161.25 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 143.25 Td (Our substantial indebtedness could adversely af) Tj ET Q q 0 0 0 rg BT 245.72 143.25 Td (fect our financial condition, cash flow) Tj ET Q q 0 0 0 rg BT 402.58 143.25 Td (, and operating flexibility) Tj ET Q q 0 0 0 rg BT 506.09 143.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 125.25 Td (Our significant amount of outstanding indebtedness and the covenants contained in our debt agreements could have important ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 113.25 Td (consequences for our operations. ) Tj ET Q q 0 0 0 rg BT 183.44 113.25 Td (The terms of certain of our agreements limit our ability to obtain additional debt financing to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.25 Td (fund future working capital, acquisitions, capital expenditures, engineering and product development costs, and other general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 89.25 Td (corporate requirements; however) Tj ET Q q 0 0 0 rg BT 181.26 89.25 Td (, due to the recent refinancing transactions and amendments, we have additional incremental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 77.25 Td (debt financing capacity as compared to the restrictions contained in our previous debt agreements. Other consequences for our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 65.25 Td (operations could include:) Tj ET Q endstream endobj 29 0 obj <> endobj 30 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 713.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 713.10 Td (increasing our vulnerability to general adverse economic and industry conditions;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 695.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 695.10 Td (limiting our ability to use operating cash flow in other areas of our business because we must dedicate a portion of these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 683.10 Td (funds to make significant interest payments on our indebtedness;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 665.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 665.10 Td (limiting our flexibility in planning for) Tj ET Q q 0 0 0 rg BT 222.47 665.10 Td (, or reacting to, changes in our business and the industry in which we operate;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 647.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 647.10 Td (limiting our ability to take advantage of business opportunities as a result of various restrictive covenants in our debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 635.10 Td (agreements; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 617.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 617.10 Td (placing us at a competitive disadvantage compared to our competitors that have less debt, lower interest rates and/or less ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 605.10 Td (restrictive debt covenants.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (Our ability to make required payments of principal and interest on our debt will depend on our future performance and the other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (cash requirements of our business. Our performance, to a certain extent, is subject to general economic, political, financial, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (competitive, and other factors that are beyond our control. ) Tj ET Q q 0 0 0 rg BT 284.51 563.10 Td (W) Tj ET Q q 0 0 0 rg BT 293.15 563.10 Td (e cannot provide any assurance that our business will generate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (suf) Tj ET Q q 0 0 0 rg BT 61.54 551.10 Td (ficient cash flow from operations or that future borrowings will be available under certain of our debt agreements in an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (amount suf) Tj ET Q q 0 0 0 rg BT 94.04 539.10 Td (ficient to enable us to service our indebtedness.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (Our debt agreements contain certain restrictive covenants and customary events of default. ) Tj ET Q q 0 0 0 rg BT 414.46 521.10 Td (These restrictive covenants limit our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.10 Td (ability to take certain actions, such as, among other things: make restricted payments; incur additional debt and issue preferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (or disqualified stock; create liens; create or permit to exist restrictions on our ability or the ability of our restricted subsidiaries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.10 Td (to make certain payments or distributions; engage in sale-leaseback transactions; engage in mer) Tj ET Q q 0 0 0 rg BT 431.41 485.10 Td (gers or consolidations or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 473.10 Td (transfer all or substantially all of our assets; designate restricted and unrestricted subsidiaries; make certain dispositions and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.10 Td (transfers of assets; limit the ability of our restricted subsidiaries to make distributions; enter into transactions with af) Tj ET Q q 0 0 0 rg BT 514.50 461.10 Td (filiates; and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.10 Td (guarantee indebtedness. One or more of these restrictive covenants may limit our ability to execute our preferred business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.10 Td (strategy) Tj ET Q q 0 0 0 rg BT 80.51 437.10 Td (, take advantage of business opportunities, or react to changing industry conditions. However) Tj ET Q q 0 0 0 rg BT 453.07 437.10 Td (, the refinancing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (transactions that closed in November 2017 \(as discussed below\) increase our flexibility in certain of the areas described above.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.10 Td (Upon an event of default, if not waived by our lenders, our lenders may declare all amounts outstanding as due and payable, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 395.10 Td (which may cause cross-defaults under our other debt obligations. If our current lenders accelerate the maturity of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 383.10 Td (indebtedness, we may not have suf) Tj ET Q q 0 0 0 rg BT 188.73 383.10 Td (ficient capital available at that time to pay the amounts due to our lenders on a timely basis, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.10 Td (and there is no guarantee that we would be able to repay) Tj ET Q q 0 0 0 rg BT 274.04 371.10 Td (, refinance, or restructure the payments on such debt. Further) Tj ET Q q 0 0 0 rg BT 517.44 371.10 Td (, under our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.10 Td (senior secured, term loan credit facility in an aggregate principal amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.55 359.10 Td ($1.6 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.66 359.10 Td (, which was refinanced in November ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.10 Td (2017 \(the "T) Tj ET Q q 0 0 0 rg BT 99.54 347.10 Td (erm Loan Credit ) Tj ET Q q 0 0 0 rg BT 167.58 347.10 Td (Agreement"\), the $225 million Recovery Zone Facility Revenue Bonds \(T) Tj ET Q q 0 0 0 rg BT 468.66 347.10 Td (ax Exempt Bonds\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 335.10 Td (which obtained a junior lien in November 2017 on certain of the assets that underlie the ) Tj ET Q q 0 0 0 rg BT 402.55 335.10 Td (T) Tj ET Q q 0 0 0 rg BT 407.96 335.10 Td (erm Loan Credit ) Tj ET Q q 0 0 0 rg BT 476.00 335.10 Td (Agreement and our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.10 Td (amended and restated asset-based credit agreement in an aggregate principal amount of $125 million \(the "Amended and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.10 Td (Restated ) Tj ET Q q 0 0 0 rg BT 85.88 311.10 Td (Asset-Based Credit Facility"\), the lenders would have the right to foreclose on certain of our assets, which could have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 299.10 Td (a material adverse ef) Tj ET Q q 0 0 0 rg BT 132.32 299.10 Td (fect on us.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 281.10 Td (Upon the occurrence of a "change of control" as specified in each of the principal debt agreements of our Manufacturing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.10 Td (operations, we are required to of) Tj ET Q q 0 0 0 rg BT 179.27 269.10 Td (fer to repurchase or repay such indebtedness.Under these agreements, a "change of control" is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.10 Td (generally defined to include, among other things: \(a\)the acquisition by a person or group of at least 35 percent of our common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.10 Td (stock, \(b\)a mer) Tj ET Q q 0 0 0 rg BT 112.07 245.10 Td (ger or consolidation in which holders of our common stock own less than a majority of the equity in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.10 Td (resulting entity) Tj ET Q q 0 0 0 rg BT 109.12 233.10 Td (, or \(c\)replacement of a majority of the members of our Board of Directors by persons who were not nominated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.10 Td (by our current directors. Under our ) Tj ET Q q 0 0 0 rg BT 191.40 221.10 Td (Amended and Restated ) Tj ET Q q 0 0 0 rg BT 286.10 221.10 Td (Asset-Based Credit Facility and our ) Tj ET Q q 0 0 0 rg BT 431.72 221.10 Td (T) Tj ET Q q 0 0 0 rg BT 437.13 221.10 Td (erm Loan Credit ) Tj ET Q q 0 0 0 rg BT 505.17 221.10 Td (Agreement, a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 209.10 Td (change in control would result in an immediate event of default, which would allow our lenders to accelerate the debt owed to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 197.10 Td (them. Under the indentures or loan agreements for our debt securities, we may be required to of) Tj ET Q q 0 0 0 rg BT 431.97 197.10 Td (fer to purchase the outstanding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 185.10 Td (notes under such indentures at a premium upon a change in control. In any such event, we may not have suf) Tj ET Q q 0 0 0 rg BT 480.31 185.10 Td (ficient funds ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 173.10 Td (available to repay amounts outstanding under these agreements, which may also cause cross-defaults under our other debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 161.10 Td (obligations. Further) Tj ET Q q 0 0 0 rg BT 127.98 161.10 Td (, under our ) Tj ET Q q 0 0 0 rg BT 173.53 161.10 Td (Amended and Restated ) Tj ET Q q 0 0 0 rg BT 268.23 161.10 Td (Asset-Based Credit Facility and our ) Tj ET Q q 0 0 0 rg BT 413.85 161.10 Td (T) Tj ET Q q 0 0 0 rg BT 419.26 161.10 Td (erm Loan Credit ) Tj ET Q q 0 0 0 rg BT 487.30 161.10 Td (Agreement, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 149.10 Td (lenders could have the right to foreclose on certain of our assets, which could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 465.54 149.10 Td (fect on our financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.10 Td (position and results of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 119.10 Td (Our indebtedness under our ) Tj ET Q q 0 0 0 rg BT 162.63 119.10 Td (T) Tj ET Q q 0 0 0 rg BT 168.04 119.10 Td (erm Loan Credit ) Tj ET Q q 0 0 0 rg BT 236.07 119.10 Td (Agreement, ) Tj ET Q q 0 0 0 rg BT 284.94 119.10 Td (Amended and Restated ) Tj ET Q q 0 0 0 rg BT 379.64 119.10 Td (Asset-Based Credit Facility) Tj ET Q q 0 0 0 rg BT 489.53 119.10 Td (, NFC bank credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 107.10 Td (facility) Tj ET Q q 0 0 0 rg BT 77.17 107.10 Td (, ) Tj ET Q q 0 0 0 rg BT 81.99 107.10 Td (T) Tj ET Q q 0 0 0 rg BT 87.40 107.10 Td (erm ) Tj ET Q q 0 0 0 rg BT 104.90 107.10 Td (Asset Backed Securitization, ) Tj ET Q q 0 0 0 rg BT 222.46 107.10 Td (VFN and ) Tj ET Q q 0 0 0 rg BT 261.72 107.10 Td (TRAC credit facilities bears interest at variable interest rates that use the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 95.10 Td (London Inter) Tj ET Q q 0 0 0 rg BT 101.79 95.10 Td (-Bank Of) Tj ET Q q 0 0 0 rg BT 139.09 95.10 Td (fered Rate \("LIBOR"\) as a benchmark rate. On July 27, 2017, the United Kingdom's Financial Conduct ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 83.10 Td (Authority) Tj ET Q q 0 0 0 rg BT 87.74 83.10 Td (, which regulates LIBOR, announced that it intends to stop persuading or compelling banks to submit LIBOR ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.10 Td (quotations after 2021 \(the "FCA) Tj ET Q q 0 0 0 rg BT 178.01 71.10 Td ( ) Tj ET Q q 0 0 0 rg BT 179.96 71.10 Td (Announcement"\). ) Tj ET Q q 0 0 0 rg BT 253.28 71.10 Td (The FCA) Tj ET Q q 0 0 0 rg BT 290.23 71.10 Td ( ) Tj ET Q q 0 0 0 rg BT 292.18 71.10 Td (Announcement indicates that the continuation of LIBOR on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 59.10 Td (current basis cannot and will not be assured after 2021, and LIBOR may cease to exist or otherwise be unsuitable for use as a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 47.10 Td (benchmark. Recent proposals for LIBOR reforms may result in the establishment of new methods of calculating LIBOR or the ) Tj ET Q endstream endobj 31 0 obj <> endobj 32 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (establishment of one or more alternative benchmark rates. ) Tj ET Q q 0 0 0 rg BT 286.08 731.10 Td (As a result, this change may adversely impact the interest rate paid ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (on some of our loans, credit facilities, other financial instruments and interest rate swaps, our interest expense may increase and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 707.10 Td (our available cash flow and /or financial condition may be adversely af) Tj ET Q q 0 0 0 rg BT 333.38 707.10 Td (fected. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (Past and potential downgrades in our debt ratings may adversely af) Tj ET Q q 0 0 0 rg BT 326.00 689.10 Td (fect our liquidity) Tj ET Q q 0 0 0 rg BT 393.96 689.10 Td (, competitive position and access to ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (capital markets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.10 Td (The major debt-rating agencies routinely evaluate and rate our debt according to a number of factors, among which are our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.10 Td (perceived financial strength and our ability to gain market share. In January) Tj ET Q q 0 0 0 rg BT 351.52 647.10 Td (, March and ) Tj ET Q q 0 0 0 rg BT 401.50 647.10 Td (April 2019, S&P) Tj ET Q q 0 0 0 rg BT 467.90 647.10 Td (, Fitch and Moody) Tj ET Q q 0 0 0 rg BT 544.57 647.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 635.10 Td (upgraded our corporate rating and certain of the ratings of our other debt securities by one level. ) Tj ET Q q 0 0 0 rg BT 436.03 635.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 485.93 635.10 Td (, each rating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.10 Td (agency also changed their rating outlook from Positive to Stable during that same period. ) Tj ET Q q 0 0 0 rg BT 408.40 623.10 Td (The rating agencies have noted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.10 Td (concerns with respect to our high levels of debt but expect continued improvement in our credit metrics and cash flow ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.10 Td (generation. However) Tj ET Q q 0 0 0 rg BT 132.95 599.10 Td (, any material deterioration in our market share, warranty expense, earnings or cash flow generation could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (lead to a downgrade by the rating agencies in our credit ratings. ) Tj ET Q q 0 0 0 rg BT 305.80 587.10 Td (Any downgrade in our credit ratings and any resulting negative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (publicity could adversely af) Tj ET Q q 0 0 0 rg BT 160.67 575.10 Td (fect our continued access to trade credit on customary terms as well as our ability to access capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (in the future under acceptable terms and conditions.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 542.10 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 542.10 Td (e have significant underfunded postretirement obligations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 524.10 Td (On a U.S. generally accepted accounting principles \("GAAP"\) basis, the underfunded portion of our projected benefit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 512.10 Td (obligation was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.60 512.10 Td ($1.3 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.72 512.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.16 512.10 Td ($1.2 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.27 512.10 Td ( for pension benefits at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.41 512.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.12 512.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.55 512.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.55 512.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 478.22 512.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 512.10 Td ($804 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.55 512.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 500.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.44 500.10 Td ($948 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.83 500.10 Td ( for postretirement healthcare benefits at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.20 500.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.91 500.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.35 500.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.35 500.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 444.01 500.10 Td (. In calculating these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 488.10 Td (amounts, we have assumed certain mortality rates, interest rates and growth rates of retiree medical costs. ) Tj ET Q q 0 0 0 rg BT 473.89 488.10 Td (The fair value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 476.10 Td (invested assets held in our postretirement benefit plans are measured at October 31 each year and are used to compute funded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 464.10 Td (status. Future mortality assumption changes and growth rates of retiree medical costs actually experienced by the postretirement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 452.10 Td (benefit plans, as well as reductions in interest rates and the investment performance of the assets, could have an adverse impact ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 440.10 Td (on our underfunded postretirement obligations, financial condition, results of operations and cash flows.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 422.10 Td (The continued restructuring and rationalization of our business could also accelerate our pension funding obligations under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 410.10 Td (Employee Retirement Income Security ) Tj ET Q q 0 0 0 rg BT 207.23 410.10 Td (Act of 1974, as amended \("ERISA"\). ) Tj ET Q q 0 0 0 rg BT 360.46 410.10 Td (The volatility in the financial markets af) Tj ET Q q 0 0 0 rg BT 521.33 410.10 Td (fects the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 398.10 Td (valuation of our pension assets and liabilities, resulting in potentially higher pension costs and higher levels of under) Tj ET Q q 0 0 0 rg BT 515.87 398.10 Td (-funding in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 386.10 Td (future periods. Even though our funding requirements over the next three years would have been higher without the pension ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 374.10 Td (funding relief legislation, Preservation of ) Tj ET Q q 0 0 0 rg BT 216.13 374.10 Td (Access to Care for Medicare Beneficiaries and Pension Relief ) Tj ET Q q 0 0 0 rg BT 465.75 374.10 Td (Act of 2010, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 362.10 Td (Moving ) Tj ET Q q 0 0 0 rg BT 83.12 362.10 Td (Ahead for Progress in the 21st Century ) Tj ET Q q 0 0 0 rg BT 241.15 362.10 Td (Act \("MAP-21 ) Tj ET Q q 0 0 0 rg BT 302.45 362.10 Td (Act"\), the Highway and ) Tj ET Q q 0 0 0 rg BT 399.94 362.10 Td (T) Tj ET Q q 0 0 0 rg BT 405.70 362.10 Td (ransportation Funding ) Tj ET Q q 0 0 0 rg BT 496.25 362.10 Td (Act of 2014 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 350.10 Td (\("HA) Tj ET Q q 0 0 0 rg BT 70.25 350.10 Td (TF) Tj ET Q q 0 0 0 rg BT 81.17 350.10 Td (A"\) and the Bi-Partisian Budget ) Tj ET Q q 0 0 0 rg BT 211.07 350.10 Td (Act of 2015, as well as possible future legislative or governmental agency relief the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 338.10 Td (requirements set forth in ERISA) Tj ET Q q 0 0 0 rg BT 178.37 338.10 Td ( and the Internal Revenue Code of 1986, as amended \(the "IRC"\), as applicable to our U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 326.10 Td (pension plans \(including timing requirements\) mandated by the Pension Protection ) Tj ET Q q 0 0 0 rg BT 382.78 326.10 Td (Act of 2006 \(the "PP) Tj ET Q q 0 0 0 rg BT 465.38 326.10 Td (A"\) to fully fund our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 314.10 Td (U.S. pension plans, could have an adverse impact on our business, financial condition, results of operations and cash flows.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 296.10 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 296.10 Td (e may not achieve all of the expected benefits from our strategic alliances and other corporate transactions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 278.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 278.10 Td (e cannot provide any assurances that our strategic alliances and other corporate transactions will generate all of the expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 266.10 Td (benefits, including the cost savings and strategic advantages that are anticipated from the strategic alliance with ) Tj ET Q q 0 0 0 rg BT 497.77 266.10 Td (TRA) Tj ET Q q 0 0 0 rg BT 516.66 266.10 Td (T) Tj ET Q q 0 0 0 rg BT 522.59 266.10 Td (ON ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 254.10 Td (Group. In addition, we cannot assure you that disputes will not arise with our strategic alliance partners and that such disputes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 242.10 Td (will not lead to litigation or otherwise have an adverse ef) Tj ET Q q 0 0 0 rg BT 277.02 242.10 Td (fect on the strategic alliances or our relationships with our partners. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 230.10 Td (Failure to successfully manage and integrate these strategic alliances could adversely impact our financial condition, results of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 218.10 Td (operations and cash flows. ) Tj ET Q q 0 0 0 rg BT 157.90 218.10 Td (W) Tj ET Q q 0 0 0 rg BT 166.54 218.10 Td (e continue to evaluate opportunities to further restructure our business in an ef) Tj ET Q q 0 0 0 rg BT 479.04 218.10 Td (fort to optimize our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 206.10 Td (cost structure, which could include, among other actions, additional rationalization of our strategic alliances.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 188.10 Td (Our parts business may be negatively impacted by our engine strategy) Tj ET Q q 0 0 0 rg BT 335.78 188.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 170.10 Td (As a result of our decision to use third party engines in some of our products and a decline in operation of certain units due to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 158.10 Td (lower market share in recent years, we are experiencing a decline in our engine-related parts business revenue. BDP) Tj ET Q q 0 0 0 rg BT 515.60 158.10 Td ( supplies ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 146.10 Td (aftermarket parts to support the diesel engines supplied to Ford prior to December 2009. ) Tj ET Q q 0 0 0 rg BT 407.56 146.10 Td (W) Tj ET Q q 0 0 0 rg BT 416.20 146.10 Td (e have experienced declines in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 134.10 Td (BDP) Tj ET Q q 0 0 0 rg BT 71.73 134.10 Td (s engine-related parts sales and profitability) Tj ET Q q 0 0 0 rg BT 245.75 134.10 Td (, and we expect to see further declines as diesel engines transition out of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 122.10 Td (service and due to the future termination of the BDP) Tj ET Q q 0 0 0 rg BT 258.79 122.10 Td ( joint venture in October 2021.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 104.10 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 104.10 Td (arranty claims and related costs often have high variability and can be influenced by many external factors which may ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 92.10 Td (af) Tj ET Q q 0 0 0 rg BT 57.65 92.10 Td (fect our operating results and cash flow) Tj ET Q q 0 0 0 rg BT 220.63 92.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 74.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 74.10 Td (arranty estimates are established using historical information about the nature, frequency) Tj ET Q q 0 0 0 rg BT 412.64 74.10 Td (, timing, and average cost of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 62.10 Td (warranty claims. However) Tj ET Q q 0 0 0 rg BT 154.89 62.10 Td (, warranty claims inherently have high variability in timing and severity and can be influenced by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 50.10 Td (many external factors. ) Tj ET Q q 0 0 0 rg BT 143.07 50.10 Td (As a result, actual warranty related costs may vary from the accruals for warranty related costs. ) Tj ET Q q 0 0 0 rg BT 526.07 50.10 Td (W) Tj ET Q q 0 0 0 rg BT 534.71 50.10 Td (e ) Tj ET Q endstream endobj 33 0 obj <> endobj 34 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (accrue warranty related costs for the trucks and engines that we manufacture under standard warranty terms and for certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (claims made outside the contractual obligation period as accommodations to our customers. In addition, with respect to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 707.10 Td (optional extended warranty contracts, we recognize losses on defined pools of extended warranty contracts when the expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.10 Td (costs for a given pool of contracts exceeds the related unearned revenues. Over time, we have substantially reduced our engine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.10 Td (of) Tj ET Q q 0 0 0 rg BT 57.65 683.10 Td (ferings, thereby reducing our new product warranty accruals and potentially reducing the warranty exposure associated with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (engine specific service contracts. ) Tj ET Q q 0 0 0 rg BT 183.61 671.10 Td (Although we continue to identify opportunities to refine and improve the design, ef) Tj ET Q q 0 0 0 rg BT 516.40 671.10 Td (ficiency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.10 Td (and manufacturing of our products to reduce the volume and severity of warranty claims, we may incur additional char) Tj ET Q q 0 0 0 rg BT 524.99 659.10 Td (ges for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.10 Td (recalls or field campaigns to address issues which arise during this process. ) Tj ET Q q 0 0 0 rg BT 355.35 647.10 Td (These char) Tj ET Q q 0 0 0 rg BT 398.76 647.10 Td (ges could have an adverse ef) Tj ET Q q 0 0 0 rg BT 513.25 647.10 Td (fect on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 635.10 Td (financial condition, results of operations and cash flows.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (Pricing allowances and sales incentives of) Tj ET Q q 0 0 0 rg BT 222.93 617.10 Td (fered to U.S. fleet customers can be influenced by many external factors which ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (may af) Tj ET Q q 0 0 0 rg BT 77.37 605.10 Td (fect our operating results and cash flow) Tj ET Q q 0 0 0 rg BT 240.34 605.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (Pricing allowances and sales arrangements with U.S. fleet customers are often complex and non-standard, and may include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (other sales incentives, such as rebates, residual value guarantees, and financing incentives. Such pricing allowances and sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (arrangements may have terms which could have an adverse ef) Tj ET Q q 0 0 0 rg BT 297.27 563.10 Td (fect on our financial condition, results of operations and cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (flows.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 533.10 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 533.10 Td (e may discover defects or other issues in vehicles potentially resulting in delays in new model launches, recall campaigns, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (or increased warranty costs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 503.10 Td (Meeting or exceeding many government-mandated safety standards is costly and often technologically challenging. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.10 Td (Government safety standards require manufacturers to remedy defects related to motor vehicle safety through safety recall ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.10 Td (campaigns. ) Tj ET Q q 0 0 0 rg BT 96.71 479.10 Td (A) Tj ET Q q 0 0 0 rg BT 103.38 479.10 Td ( manufacturer is obligated to recall vehicles if it determines that they do not comply with a safety standard. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.10 Td (addition, we may decide to take action with respect to a product issue not related to safety) Tj ET Q q 0 0 0 rg BT 408.46 467.10 Td (. Should we or government safety ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.10 Td (regulators determine that a safety standard noncompliance, safety-related defect or other product issue exists with respect to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.10 Td (certain types of our vehicles, there could be a delay in the launch of a new model or a significant increase in warranty claims or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 431.10 Td (a recall for existing models, the costs of which could be substantial. Our partnerships with other companies in engine or vehicle ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 419.10 Td (development can increase this risk due to the added complexity inherent in such an ef) Tj ET Q q 0 0 0 rg BT 391.43 419.10 Td (fort. ) Tj ET Q q 0 0 0 rg BT 412.82 419.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 462.72 419.10 Td (, if we experience failure ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.10 Td (in some of our emissions components and the emission component defect rates of our engines exceed a certain level set by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 395.10 Td (CARB or the EP) Tj ET Q q 0 0 0 rg BT 115.53 395.10 Td (A, those engines may be subject to corrective actions by such agencies, which may include extending the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 383.10 Td (warranties of those engines. ) Tj ET Q q 0 0 0 rg BT 163.45 383.10 Td (This could increase exposure beyond the stated warranty period to the relevant regulatory useful ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.10 Td (life of the engine which could have an adverse ef) Tj ET Q q 0 0 0 rg BT 245.62 371.10 Td (fect on our financial condition, results of operations and cash flows. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.10 Td (addition, our role as secondary engine manufacturer or as emissions certification holder for engines primarily manufactured by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.10 Td (other companies could impair our identification of defects and increase the chance of warranty costs or recalls.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 329.10 Td (Our Manufacturing operations are dependent upon third-party suppliers, including, in certain cases, single-source ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 317.10 Td (suppliers, making us vulnerable to supply shortages.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 299.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 299.10 Td (e obtain raw materials, parts and manufactured components from third-party suppliers \("Third Party Supplies"\). ) Tj ET Q q 0 0 0 rg BT 506.74 299.10 Td (Any delay in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 287.10 Td (receiving ) Tj ET Q q 0 0 0 rg BT 89.02 287.10 Td (Third Party Supplies could impair our ability to deliver products to our customers and, accordingly) Tj ET Q q 0 0 0 rg BT 484.12 287.10 Td (, could have an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 275.10 Td (adverse ef) Tj ET Q q 0 0 0 rg BT 90.13 275.10 Td (fect on our business, financial condition, results of operations, and cash flows. ) Tj ET Q q 0 0 0 rg BT 405.43 275.10 Td (The volatility in the financial markets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 263.10 Td (and uncertainty in the automotive sector could result in exposure related to the financial viability of certain of our suppliers. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 251.10 Td (Suppliers may also exit certain business lines, causing us to find other suppliers for materials or components and potentially ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 239.10 Td (delaying our ability to deliver products to customers, or our suppliers may change the terms on which they are willing to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 227.10 Td (provide products to us, any of which could adversely af) Tj ET Q q 0 0 0 rg BT 271.48 227.10 Td (fect our financial condition and results of operations. In addition, many ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 215.10 Td (of our suppliers have unionized workforces that could be subject to work stoppages as a result of labor relations issues. Some of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.10 Td (our suppliers are the sole source for a particular supply item \(e.g., the majority of engines, parts and manufactured components\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.10 Td (and cannot be quickly or inexpensively re-sourced to another supplier due to long lead times and contractual commitments that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.10 Td (might be required by another supplier in order to provide the component or materials. In addition to the risks described above ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.10 Td (regarding interruption of ) Tj ET Q q 0 0 0 rg BT 150.68 167.10 Td (Third Party Supplies, which are exacerbated in the case of single-source suppliers, the exclusive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.10 Td (supplier of a component potentially could exert significant bar) Tj ET Q q 0 0 0 rg BT 298.69 155.10 Td (gaining power over price, quality) Tj ET Q q 0 0 0 rg BT 431.05 155.10 Td (, warranty claims or other terms ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 143.10 Td (relating to a component.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 125.10 Td (Our ability to execute our strategy is dependent upon our ability to attract, train and retain qualified personnel.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 107.10 Td (Our continued success depends, in lar) Tj ET Q q 0 0 0 rg BT 200.39 107.10 Td (ge part, on our continued ability to identify) Tj ET Q q 0 0 0 rg BT 371.92 107.10 Td (, attract, develop, motivate and retain qualified ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 95.10 Td (employees in key functions and geographic areas, including the United States \(U.S.\), Canada, Mexico and Brazil. ) Tj ET Q q 0 0 0 rg BT 516.86 95.10 Td (Although ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 83.10 Td (we continue to compete for top talent in lar) Tj ET Q q 0 0 0 rg BT 222.04 83.10 Td (ge metropolitan areas outside of lar) Tj ET Q q 0 0 0 rg BT 363.20 83.10 Td (ge automotive hubs, we have achieved a leaner ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.10 Td (and tar) Tj ET Q q 0 0 0 rg BT 76.80 71.10 Td (geted workforce while reducing and controlling costs. In addition, to ef) Tj ET Q q 0 0 0 rg BT 364.04 71.10 Td (fectively manage our domestic and global ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 59.10 Td (operations, we will need to continue engaging our workforce throughout the entire employee lifecycle to create sustained high ) Tj ET Q endstream endobj 35 0 obj <> endobj 36 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (performance for our or) Tj ET Q q 0 0 0 rg BT 140.66 731.10 Td (ganization. Failure to do so could impair our ability to execute our business strategy and could have an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (adverse ef) Tj ET Q q 0 0 0 rg BT 90.13 719.10 Td (fect on our business prospects.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (Implementation of our emissions strategy) Tj ET Q q 0 0 0 rg BT 219.70 701.10 Td (, federal regulations and fuel economy rules may increase costs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.10 Td (Recent and future changes to on-highway emissions or performance standards \(including fuel ef) Tj ET Q q 0 0 0 rg BT 433.64 683.10 Td (ficiency) Tj ET Q q 0 0 0 rg BT 465.19 683.10 Td (, noise, and safety\), as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (well as compliance with additional environmental requirements, are expected to continue to add to the cost of our products and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.10 Td (increase the engineering and product development programs of our business. Implementation of our emissions strategy is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.10 Td (ongoing and we may experience increased costs or compliance or timing risks as we continue implementation of OBD systems ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 635.10 Td (requirements as they phase in and manage GHG emission credit balances. ) Tj ET Q q 0 0 0 rg BT 347.56 635.10 Td (The EP) Tj ET Q q 0 0 0 rg BT 376.36 635.10 Td (A, the U.S. Department of ) Tj ET Q q 0 0 0 rg BT 483.93 635.10 Td (T) Tj ET Q q 0 0 0 rg BT 489.69 635.10 Td (ransportation and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.10 Td (the government of Canada have issued final rules on GHG emissions and fuel economy for medium and heavy duty vehicles ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.10 Td (and engines. ) Tj ET Q q 0 0 0 rg BT 101.80 611.10 Td (The emission standards establish required minimum fuel economy and GHG emissions levels for both engines and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.10 Td (vehicles primarily through the increased use of existing technology) Tj ET Q q 0 0 0 rg BT 317.66 599.10 Td (. ) Tj ET Q q 0 0 0 rg BT 322.48 599.10 Td (The rules, which apply to our engines and vehicles, initially ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (required EP) Tj ET Q q 0 0 0 rg BT 96.07 587.10 Td (A) Tj ET Q q 0 0 0 rg BT 102.74 587.10 Td ( certification for vehicles and engines to GHG emissions standards in calendar year 2014 and were fully ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (implemented in model year 2017. EP) Tj ET Q q 0 0 0 rg BT 197.44 575.10 Td (A) Tj ET Q q 0 0 0 rg BT 204.11 575.10 Td ( and NHTSA) Tj ET Q q 0 0 0 rg BT 256.33 575.10 Td ( adopted a second phase of GHG emissions reductions that will apply in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (three emission standards beginning in model year 2021 and culminating in model year 2027. ) Tj ET Q q 0 0 0 rg BT 422.29 563.10 Td (These rules reduce emission levels ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (for engines and vehicles. In addition, California has adopted GHG emissions standards for heavy duty vehicles and engines, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (published its draft proposal for lowering NOx standards for California certified engines and requested EP) Tj ET Q q 0 0 0 rg BT 470.13 539.10 Td (A) Tj ET Q q 0 0 0 rg BT 476.80 539.10 Td ( to lower NOx ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 527.10 Td (emission standards as well. In addition to lower NOx, EP) Tj ET Q q 0 0 0 rg BT 277.72 527.10 Td (A) Tj ET Q q 0 0 0 rg BT 284.39 527.10 Td ( and California may consider other actions, including extending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 515.10 Td (warranty periods, mandating sales of zero emission trucks, and requiring certification of zero emission heavy duty vehicles. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 503.10 Td (addition, we are responsible for emission certification for certain partner companies which can introduce complexity into the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.10 Td (certification process.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 473.10 Td (These standards will require significant investments of capital, will significantly increase costs of development for engines and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.10 Td (vehicles, and will require us to incur administrative costs arising from implementation of the standards. ) Tj ET Q q 0 0 0 rg BT 467.55 461.10 Td (These regulatory ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.10 Td (proposals under consideration or those that are proposed in the future may set standards that are dif) Tj ET Q q 0 0 0 rg BT 445.87 449.10 Td (ficult to achieve or adversely ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.10 Td (af) Tj ET Q q 0 0 0 rg BT 57.09 437.10 Td (fect our results of operations due to increased research, development, and warranty costs.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 419.10 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 419.10 Td (e could incur further restructuring and impairment charges as we continue to evaluate our portfolio of assets and identify ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 407.10 Td (opportunities to restructure our business and rationalize our Manufacturing operations in an ef) Tj ET Q q 0 0 0 rg BT 443.86 407.10 Td (fort to optimize our cost ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 395.10 Td (structure.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 377.10 Td (e continue to evaluate our portfolio of assets in order to validate their strategic and financial fit. ) Tj ET Q q 0 0 0 rg BT 441.71 377.10 Td (T) Tj ET Q q 0 0 0 rg BT 447.12 377.10 Td (o focus on our North ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.10 Td (American Core business, we have evaluated product lines, businesses, and engineering programs that fall outside of our Core ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 353.10 Td (business. ) Tj ET Q q 0 0 0 rg BT 88.21 353.10 Td (W) Tj ET Q q 0 0 0 rg BT 96.85 353.10 Td (e assessed the strategic fit to our Core business and identified areas that were under) Tj ET Q q 0 0 0 rg BT 429.87 353.10 Td (-performing and/or non-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 341.10 Td (strategic. For those under) Tj ET Q q 0 0 0 rg BT 150.94 341.10 Td (-performing and non-strategic areas still remaining, we continually evaluate whether to fix, divest, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 329.10 Td (close those areas. In addition, we are evaluating opportunities to restructure our business and rationalize our Manufacturing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 317.10 Td (operations in an ef) Tj ET Q q 0 0 0 rg BT 123.46 317.10 Td (fort to optimize our cost structure. ) Tj ET Q q 0 0 0 rg BT 262.41 317.10 Td (These actions could result in restructuring and related char) Tj ET Q q 0 0 0 rg BT 496.58 317.10 Td (ges, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.10 Td (but not limited to asset impairments, employee termination costs, char) Tj ET Q q 0 0 0 rg BT 330.09 305.10 Td (ges for pension and other postretirement contractual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 293.10 Td (benefits, potential additional pension funding obligations, and pension curtailments, any of which could be significant, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 281.10 Td (could adversely af) Tj ET Q q 0 0 0 rg BT 122.62 281.10 Td (fect our financial condition and results of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 263.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 263.10 Td (e have substantial amounts of long-lived assets, including goodwill, property) Tj ET Q q 0 0 0 rg BT 364.93 263.10 Td (, plant and equipment, and intangible assets, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 251.10 Td (which are subject to periodic impairment analysis and review) Tj ET Q q 0 0 0 rg BT 294.32 251.10 Td (. Identifying and assessing whether impairment indicators exist, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 239.10 Td (if events or changes in circumstances have occurred, including market conditions, operating results, competition, and general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 227.10 Td (economic conditions, requires significant judgment. Declines in profitability due to changes in volume, market pricing, cost, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 215.10 Td (the business environment could result in char) Tj ET Q q 0 0 0 rg BT 230.39 215.10 Td (ges that could have an adverse ef) Tj ET Q q 0 0 0 rg BT 362.37 215.10 Td (fect on our financial condition and results of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.10 Td (operations.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 182.10 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 182.10 Td (e are involved in pending litigation, and an adverse resolution of such litigation may adversely af) Tj ET Q q 0 0 0 rg BT 456.36 182.10 Td (fect our business, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 170.10 Td (financial condition, and results of operations and cash flows.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 152.10 Td (Litigation can be expensive, lengthy) Tj ET Q q 0 0 0 rg BT 194.08 152.10 Td (, and disruptive to normal business operations. ) Tj ET Q q 0 0 0 rg BT 382.49 152.10 Td (The results of complex legal proceedings are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 140.10 Td (often uncertain and dif) Tj ET Q q 0 0 0 rg BT 140.12 140.10 Td (ficult to predict. ) Tj ET Q q 0 0 0 rg BT 206.21 140.10 Td (An unfavorable outcome of a particular matter described in our periodic filings or any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 128.10 Td (future legal proceedings could have an adverse ef) Tj ET Q q 0 0 0 rg BT 247.28 128.10 Td (fect on our business, financial condition, and results of operations or cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 116.10 Td (flows.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 98.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 98.10 Td (e are currently involved in a number of pending litigation matters. For additional information regarding certain lawsuits in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 86.10 Td (which we are involved, see Note 14, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 197.51 86.10 Td (Commitments and Contingencies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.72 86.10 Td (, to our consolidated financial statements.) Tj ET Q endstream endobj 37 0 obj <> endobj 38 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (18) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 731.25 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 731.25 Td (e are exposed to political, economic, and other risks that arise from operating a multinational business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 713.25 Td (e have significant operations in foreign countries, primarily in Canada, Mexico and Brazil. ) Tj ET Q q 0 0 0 rg BT 422.47 713.25 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 471.81 713.25 Td (, our business is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.25 Td (subject to the political, economic, and other risks that are inherent in operating a multinational company) Tj ET Q q 0 0 0 rg BT 465.12 701.25 Td (. ) Tj ET Q q 0 0 0 rg BT 469.93 701.25 Td (These risks include, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.25 Td (among others:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 671.25 Td (trade protection measures, export limitations and import and export licensing requirements;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 653.25 Td (tarif) Tj ET Q q 0 0 0 rg BT 101.97 653.25 Td (fs imposed on key raw materials could potentially disrupt our existing supply chains and impose additional costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 641.25 Td (on our business, including costs with respect to raw materials upon which our business depends;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 623.25 Td (dif) Tj ET Q q 0 0 0 rg BT 96.43 623.25 Td (ficulty in staf) Tj ET Q q 0 0 0 rg BT 149.57 623.25 Td (fing and managing international operations and the application of foreign labor regulations; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 605.25 Td (multiple and potentially conflicting laws, regulations, and policies that are subject to change; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 587.25 Td (currency exchange rate risk; and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 569.25 Td (changes in general economic and political conditions in countries where we operate, particularly in emer) Tj ET Q q 0 0 0 rg BT 503.77 569.25 Td (ging markets. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.25 Td (In addition, we are subject to the Foreign Corrupt Practices ) Tj ET Q q 0 0 0 rg BT 288.05 551.25 Td (Act \(the "FCP) Tj ET Q q 0 0 0 rg BT 343.99 551.25 Td (A"\) and other laws which prohibit improper payments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.25 Td (to foreign governments and their of) Tj ET Q q 0 0 0 rg BT 191.22 539.25 Td (ficials by U.S. and other business entities. Certain of the countries in which we operate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 527.25 Td (present heightened corruption risks, which therefore increases the risks of our exposure under the FCP) Tj ET Q q 0 0 0 rg BT 458.19 527.25 Td (A) Tj ET Q q 0 0 0 rg BT 464.86 527.25 Td ( and other applicable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 515.25 Td (anti-bribery and corruption laws and regulations.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 494.25 Td (Our operations are subject to environmental, health and safety laws and regulations that could adversely af) Tj ET Q q 0 0 0 rg BT 491.01 494.25 Td (fect our ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 482.25 Td (financial condition.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 464.25 Td (Our operations are subject to environmental, health and safety laws and regulations, including those governing dischar) Tj ET Q q 0 0 0 rg BT 523.35 464.25 Td (ges to air ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 452.25 Td (and water; the management and disposal of hazardous substances; the cleanup of contaminated sites; and health and safety ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 440.25 Td (matters. ) Tj ET Q q 0 0 0 rg BT 83.75 440.25 Td (W) Tj ET Q q 0 0 0 rg BT 92.39 440.25 Td (e could incur material costs, including cleanup costs, civil and criminal fines, penalties and third-party claims for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 428.25 Td (cost recovery) Tj ET Q q 0 0 0 rg BT 102.43 428.25 Td (, property damage or personal injury as a result of violations of or liabilities under such laws and regulations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 416.25 Td (Contamination has been identified at and in the vicinity of some of our current and former properties and at properties which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 404.25 Td (received wastes from current or former Company locations for which we have established financial reserves. ) Tj ET Q q 0 0 0 rg BT 486.93 404.25 Td (The ultimate cost ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 392.25 Td (of remediating contaminated sites is dif) Tj ET Q q 0 0 0 rg BT 207.33 392.25 Td (ficult to accurately predict and could exceed our current estimates. In addition, as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 380.25 Td (environmental, health, and safety laws and regulations have tended to become stricter) Tj ET Q q 0 0 0 rg BT 391.48 380.25 Td (, we could incur additional costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 368.25 Td (complying with requirements that are promulgated in the future. ) Tj ET Q q 0 0 0 rg BT 308.69 368.25 Td (These include climate change regulation, which could increase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 356.25 Td (the cost of operations through increased ener) Tj ET Q q 0 0 0 rg BT 228.70 356.25 Td (gy costs.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 335.25 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 335.25 Td (e must comply with numerous federal security laws, procurement regulations, and procedures, as well as the rules and ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 323.25 Td (regulations of foreign jurisdictions, and our failure to comply could adversely af) Tj ET Q q 0 0 0 rg BT 379.89 323.25 Td (fect our business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 305.25 Td (e must observe laws and regulations relating to the formation, administration and performance of federal government ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 293.25 Td (contracts that af) Tj ET Q q 0 0 0 rg BT 113.18 293.25 Td (fect how we do business with our clients and impose added costs on our business. For example, the Federal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 281.25 Td (Acquisition Regulations, foreign government procurement regulations and related laws include provisions that:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 263.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 263.25 Td (allow our government clients to terminate or not renew our contracts if we come under foreign ownership, control or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 251.25 Td (influence; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 233.25 Td (allow our government clients to terminate existing contracts for the convenience of the government; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 215.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 215.25 Td (require us to prevent unauthorized access to classified information; and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 197.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 197.25 Td (require us to comply with laws and regulations intended to promote various social or economic goals. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 179.25 Td (e are subject to industrial security regulations of the U.S. Departments of State and Commerce and other federal agencies that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.25 Td (are designed to safeguard against foreigners' access to classified or restricted information. Similarly) Tj ET Q q 0 0 0 rg BT 447.46 167.25 Td (, our international ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.25 Td (operations are subject to the rules and regulations of foreign jurisdictions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.25 Td (A) Tj ET Q q 0 0 0 rg BT 56.17 137.25 Td ( failure to comply with applicable laws, regulations, policies or procedures, including federal regulations regarding the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 125.25 Td (procurement of goods and services and protection of classified information, could result in contract termination, loss of security ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 113.25 Td (clearances, suspension or debarment from contracting with the federal government, civil fines and damages and criminal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.25 Td (prosecution and penalties, any of which could adversely af) Tj ET Q q 0 0 0 rg BT 283.96 101.25 Td (fect our business.) Tj ET Q endstream endobj 39 0 obj <> endobj 40 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (19) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 731.25 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 731.25 Td (e are exposed to, and may be adversely af) Tj ET Q q 0 0 0 rg BT 227.15 731.25 Td (fected by) Tj ET Q q 0 0 0 rg BT 263.14 731.25 Td (, interruptions to our computer and information technology systems and ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 719.25 Td (sophisticated cyber-attacks.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 701.25 Td (e rely on our information technology systems and networks in connection with many of our business activities. Some of these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.25 Td (networks and systems are managed by third-party service providers and are not under our direct control. Our operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.25 Td (routinely involve receiving, storing, processing and transmitting sensitive information pertaining to our business, customers, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.25 Td (dealers, suppliers, employees and other sensitive matters. ) Tj ET Q q 0 0 0 rg BT 280.55 665.25 Td (As with most companies, we have experienced cyber) Tj ET Q q 0 0 0 rg BT 492.50 665.25 Td (-attacks, attempts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.25 Td (to breach our systems and other similar incidents, none of which have been material. ) Tj ET Q q 0 0 0 rg BT 389.95 653.25 Td (Any future cyber incidents could, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.25 Td (however) Tj ET Q q 0 0 0 rg BT 83.53 641.25 Td (, materially disrupt operational systems; result in loss of trade secrets or other proprietary or competitively sensitive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.25 Td (information; compromise personally identifiable information regarding customers or employees; delay our ability to deliver ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.25 Td (products to customers; and jeopardize the security of our facilities. ) Tj ET Q q 0 0 0 rg BT 318.03 617.25 Td (A) Tj ET Q q 0 0 0 rg BT 324.70 617.25 Td ( cyber incident could be caused by malicious outsiders or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.25 Td (insiders using sophisticated methods to circumvent firewalls, encryption and other security defenses. Because techniques used ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.25 Td (to obtain unauthorized access or to sabotage systems change frequently and generally are not recognized until they are launched ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.25 Td (against a tar) Tj ET Q q 0 0 0 rg BT 97.63 581.25 Td (get, we may be unable to anticipate these techniques or to implement adequate preventative measures. Information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.25 Td (technology security threats, including security breaches, computer malware and other cyber) Tj ET Q q 0 0 0 rg BT 415.83 569.25 Td (-attacks, are increasing in both ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.25 Td (frequency and sophistication and could create financial liability) Tj ET Q q 0 0 0 rg BT 302.92 557.25 Td (, subject us to legal or regulatory sanctions or damage our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.25 Td (reputation with customers, dealers, suppliers and other stakeholders. Security breaches could also result in a violation of U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.25 Td (and international privacy and other laws and subject the Company to various litigations and proceedings. ) Tj ET Q q 0 0 0 rg BT 471.43 533.25 Td (W) Tj ET Q q 0 0 0 rg BT 480.07 533.25 Td (e continuously seek ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.25 Td (to maintain a robust program of information security and controls, but the impact of a material information technology event ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.25 Td (could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 178.42 509.25 Td (fect on our competitive position, reputation, results of operations, financial condition and cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.25 Td (flows.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 476.25 Td (Our business may be adversely impacted by work stoppages and other labor relations matters.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 458.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 458.25 Td (e are subject to risk of work stoppages and other labor relations matters because a significant portion of our workforce is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 446.25 Td (unionized. ) Tj ET Q q 0 0 0 rg BT 95.88 446.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.33 446.25 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.03 446.25 Td (, approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.29 446.25 Td (7,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.79 446.25 Td ( of our hourly workers and approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.47 446.25 Td (700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.47 446.25 Td ( of our salaried workers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 434.25 Td (were represented by labor unions and were covered by collective bar) Tj ET Q q 0 0 0 rg BT 324.20 434.25 Td (gaining agreements. Many of these agreements include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 422.25 Td (provisions that limit our ability to realize cost savings from restructuring initiatives such as plant closings and reductions in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 410.25 Td (workforce. In January 2019, certain of our UA) Tj ET Q q 0 0 0 rg BT 235.02 410.25 Td (W) Tj ET Q q 0 0 0 rg BT 244.28 410.25 Td ( represented employees executed a new six-year master collective bar) Tj ET Q q 0 0 0 rg BT 522.58 410.25 Td (gaining ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 398.25 Td (agreement with a ratification date of December 17, 2018 that replaced the prior agreement which expired in October 2018. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 380.25 Td (Any strikes, threats of strikes, arbitration or other resistance in connection with the negotiation of new labor agreements, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 368.25 Td (increases in costs under a newly negotiated labor agreement, could adversely af) Tj ET Q q 0 0 0 rg BT 367.53 368.25 Td (fect our business as well as impair our ability to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 356.25 Td (implement further measures to reduce structural costs and improve production ef) Tj ET Q q 0 0 0 rg BT 372.55 356.25 Td (ficiencies. ) Tj ET Q q 0 0 0 rg BT 415.31 356.25 Td (A) Tj ET Q q 0 0 0 rg BT 421.98 356.25 Td ( lengthy strike that involves a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 344.25 Td (significant portion of our manufacturing facilities could have an adverse ef) Tj ET Q q 0 0 0 rg BT 348.66 344.25 Td (fect on our financial condition, results of operations, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 332.25 Td (and cash flows.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 311.25 Td (A) Tj ET Q q 0 0 0 rg BT 55.62 311.25 Td ( small number of our stockholders have significant representation on and influence over our Board of Directors.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 290.25 Td (In October 2012, we entered into settlement agreements with two of our significant stockholders, Carl C. Icahn and several ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 278.25 Td (entities controlled by him \(collectively) Tj ET Q q 0 0 0 rg BT 203.81 278.25 Td (, the "Icahn Group"\) and Mark H. Rachesky) Tj ET Q q 0 0 0 rg BT 379.32 278.25 Td (, MD, and several entities controlled by him ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 266.25 Td (\(collectively) Tj ET Q q 0 0 0 rg BT 98.83 266.25 Td (, the "MHR Group"\) pursuant to which the Icahn Group and the MHR Group each had one representative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 254.25 Td (appointed to our Board of Directors, and together the Icahn Group and the MHR Group mutually agreed upon a third ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 242.25 Td (representative appointed to our Board of Directors. In July 2013, we entered into amended settlement agreements with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 230.25 Td (Icahn Group and the MHR Group pursuant to which the Icahn Group and the MHR Group each had two representatives ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 218.25 Td (nominated for election as directors at our 2014 annual meeting, and each has continued to have two representatives nominated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 206.25 Td (for election each year) Tj ET Q q 0 0 0 rg BT 135.28 206.25 Td (. On September 5, 2016, we entered into a Stockholder ) Tj ET Q q 0 0 0 rg BT 356.62 206.25 Td (Agreement with ) Tj ET Q q 0 0 0 rg BT 423.64 206.25 Td (TRA) Tj ET Q q 0 0 0 rg BT 442.53 206.25 Td (T) Tj ET Q q 0 0 0 rg BT 448.46 206.25 Td (ON Group which, among ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 194.25 Td (other things, provides for the appointment of two individuals designated by ) Tj ET Q q 0 0 0 rg BT 353.16 194.25 Td (TRA) Tj ET Q q 0 0 0 rg BT 372.05 194.25 Td (T) Tj ET Q q 0 0 0 rg BT 377.98 194.25 Td (ON Group to our Board of Directors, subject ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 182.25 Td (to our approval, and on February 28, 2017, we appointed the two individuals designated by ) Tj ET Q q 0 0 0 rg BT 416.47 182.25 Td (TRA) Tj ET Q q 0 0 0 rg BT 435.36 182.25 Td (T) Tj ET Q q 0 0 0 rg BT 441.29 182.25 Td (ON Group to our Board of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 170.25 Td (Directors. ) Tj ET Q q 0 0 0 rg BT 91.16 170.25 Td (As of October 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.31 170.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.31 170.25 Td (, based on filings made with the SEC and other information made available to us as of that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 158.25 Td (date, we believe that: \(i\) the Icahn Group held approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.35 158.25 Td (16.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.24 158.25 Td ( shares, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.56 158.25 Td (16.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.39 158.25 Td ( of our outstanding common stock, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 146.25 Td (\(ii\) the MHR Group held approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.24 146.25 Td (16.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.14 146.25 Td ( shares, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.46 146.25 Td (16.4%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.29 146.25 Td ( of our outstanding common stock, \(iii\) ) Tj ET Q q 0 0 0 rg BT 489.53 146.25 Td (TRA) Tj ET Q q 0 0 0 rg BT 508.42 146.25 Td (T) Tj ET Q q 0 0 0 rg BT 514.35 146.25 Td (ON Group ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 134.25 Td (held approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.48 134.25 Td (16.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.37 134.25 Td ( shares, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.69 134.25 Td (16.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.52 134.25 Td ( of our outstanding common stock, and \(iv\) the Icahn Group, the MHR Group, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 122.25 Td (TRA) Tj ET Q q 0 0 0 rg BT 68.39 122.25 Td (T) Tj ET Q q 0 0 0 rg BT 74.32 122.25 Td (ON Group, and two other stockholders, collectively hold approximately 66% of our outstanding common stock.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 104.25 Td (As a result of the foregoing, these stockholders are able to exercise significant influence over the election of our Board of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 92.25 Td (Directors as well as matters requiring stockholder approval. Further) Tj ET Q q 0 0 0 rg BT 319.85 92.25 Td (, this concentration of ownership may adversely af) Tj ET Q q 0 0 0 rg BT 521.83 92.25 Td (fect the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 80.25 Td (market price of our common stock.) Tj ET Q endstream endobj 41 0 obj <> endobj 42 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (20) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 731.25 Td (Provisions in our charter and by-laws and Delaware law could delay and discourage takeover attempts that stockholders ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 719.25 Td (may consider favorable.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.25 Td (Certain provisions of our certificate of incorporation and by-laws, and applicable provisions of Delaware corporate law) Tj ET Q q 0 0 0 rg BT 525.91 701.25 Td (, may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.25 Td (make it more dif) Tj ET Q q 0 0 0 rg BT 115.69 689.25 Td (ficult for a third party to acquire control of us or change our Board of Directors and management, or may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.25 Td (prevent such an acquisition or change. ) Tj ET Q q 0 0 0 rg BT 205.10 677.25 Td (These provisions include:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 659.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 659.25 Td (the ability of our Board of Directors to issue so-called "flexible" preferred stock; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 641.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 641.25 Td (a provision for any vacancies on our Board of Directors to be filled only by the remaining directors; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 623.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 623.25 Td (the inability of stockholders to act by written consent or call special meetings; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 605.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 605.25 Td (advance notice procedures for stockholder proposals to be brought before an annual meeting of our stockholders; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 587.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 587.25 Td (Section203 of the Delaware General Corporation Law) Tj ET Q q 0 0 0 rg BT 289.94 587.25 Td (, which generally restricts us from engaging in certain business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 575.25 Td (combinations with a person who acquires 15% or more of our common stock for a period of three years from the date such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 563.25 Td (person acquired such common stock, unless stockholder or Board approval is obtained prior to the acquisition) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.25 Td (The foregoing provisions may adversely af) Tj ET Q q 0 0 0 rg BT 221.21 545.25 Td (fect the marketability of our common stock by discouraging potential investors from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.25 Td (acquiring our stock. In addition, these provisions could delay or frustrate the removal of incumbent directors and could make ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.25 Td (more dif) Tj ET Q q 0 0 0 rg BT 83.47 521.25 Td (ficult a mer) Tj ET Q q 0 0 0 rg BT 129.38 521.25 Td (ger) Tj ET Q q 0 0 0 rg BT 141.75 521.25 Td (, tender of) Tj ET Q q 0 0 0 rg BT 182.39 521.25 Td (fer or proxy contest involving us, or impede an attempt to acquire a significant or controlling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.25 Td (interest in us, even if such events might be beneficial to us and our stockholders.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 491.25 Td (Our ability to use net operating loss \("NOL"\) carryovers to reduce future tax payments could be negatively impacted if there ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 479.25 Td (is a change in our ownership or a failure to generate suf) Tj ET Q q 0 0 0 rg BT 281.85 479.25 Td (ficient taxable income.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.94 461.25 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.65 461.25 Td (, we had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.75 461.25 Td ($2.2 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.86 461.25 Td ( of NOL) Tj ET Q q 0 0 0 rg BT 259.37 461.25 Td ( carryforwards with which to of) Tj ET Q q 0 0 0 rg BT 386.10 461.25 Td (fset our future taxable income for U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.25 Td (federal income tax reporting purposes. Presently) Tj ET Q q 0 0 0 rg BT 245.18 449.25 Td (, there is no annual limitation on our ability to use U.S. federal NOLs to reduce ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.25 Td (future income taxes. However) Tj ET Q q 0 0 0 rg BT 169.61 437.25 Td (, we may be subject to substantial annual limitations provided by the IRC if an "ownership ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.25 Td (change," as defined in Section 382 of the IRC, occurs with respect to our capital stock. Generally) Tj ET Q q 0 0 0 rg BT 437.54 425.25 Td (, an ownership change occurs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.25 Td (if certain persons or groups increase their aggregate ownership by more than 50 percentage points of our total capital stock in a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.25 Td (three-year period. If an ownership change occurs, our ability to use domestic NOLs to reduce taxable income is generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.25 Td (limited to an annual amount based on \(i\) the fair market value of our stock immediately prior to the ownership change ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.25 Td (multiplied by the long-term tax-exempt interest rate plus \(ii\) under certain circumstances, realized built-in gains on certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.25 Td (assets held prior to the ownership change for the first five years after the ownership change. ) Tj ET Q q 0 0 0 rg BT 418.54 365.25 Td (Although NOLs that exceed the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 353.25 Td (Section 382 limitation in any year continue to be allowed as carryforwards for the remainder of the 20-year carryforward period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 341.25 Td (and can be used to of) Tj ET Q q 0 0 0 rg BT 134.01 341.25 Td (fset taxable income for years within the carryover period subject to the limitation in each year) Tj ET Q q 0 0 0 rg BT 508.75 341.25 Td (, the use of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 329.25 Td (the remaining NOLs for the loss year will be prohibited if the carryover period for any loss year expires. If we should fail to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 317.25 Td (generate a suf) Tj ET Q q 0 0 0 rg BT 104.84 317.25 Td (ficient level of taxable income prior to the expiration of the NOL) Tj ET Q q 0 0 0 rg BT 364.66 317.25 Td ( carryforward periods, then we will lose the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.25 Td (ability to apply the NOLs as of) Tj ET Q q 0 0 0 rg BT 173.19 305.25 Td (fsets to future taxable income. Similar limitations also apply to certain U.S. federal tax credits.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.50 284.25 Td (Item1B.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.16 284.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 104.50 284.25 Td (Unresolved Staf) Tj ET Q q 0 0 0 rg BT 170.15 284.25 Td (f Comments) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 219.88 284.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 263.25 Td (None. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.50 242.25 Td (Item 2.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.49 242.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 104.50 242.25 Td (Properties) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 146.72 242.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 224.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 67.37 224.25 Td (T) Tj ET Q q 0 0 0 rg BT 73.13 224.25 Td (ruck segment operates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.04 224.25 Td (four) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.70 224.25 Td ( manufacturing and assembly facilities, which contain in the aggregate approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.58 224.25 Td (five ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 212.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 212.25 Td ( square-feet of floor space. Of these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.88 212.25 Td (four) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.54 212.25 Td ( facilities, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.47 212.25 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.45 212.25 Td ( are located in the U.S. and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.25 212.25 Td (one) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.69 212.25 Td ( is located in Mexico. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.38 212.25 Td (Three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.69 212.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 200.25 Td (facilities are owned and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.23 200.25 Td (one) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.67 200.25 Td ( facility is subject to lease. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.07 200.25 Td (Three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.39 200.25 Td ( plants manufacture and assemble trucks, buses, and chassis. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.77 200.25 Td (One) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.43 200.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 188.25 Td (plant is used to build diesel engines. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 170.25 Td (Our Parts segment leases ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.25 170.25 Td (seven) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.02 170.25 Td ( distribution centers in the U.S., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.73 170.25 Td (two) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.73 170.25 Td ( in Canada, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.49 170.25 Td (one) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.93 170.25 Td ( in Mexico, and one in South ) Tj ET Q q 0 0 0 rg BT 499.70 170.25 Td (Africa.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 152.25 Td (Our Global Operations segment owns and operates a manufacturing plant in Brazil, which contain a total of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.71 152.25 Td (1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.10 152.25 Td ( square-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 140.25 Td (feet of floor space for use by our South ) Tj ET Q q 0 0 0 rg BT 208.07 140.25 Td (American engine subsidiaries. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 122.25 Td (Our Financial Services segment, the majority of whose activities are conducted at our headquarters in Lisle, Illinois, also leases ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 110.25 Td (of) Tj ET Q q 0 0 0 rg BT 57.65 110.25 Td (fice space in Mexico.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 92.25 Td (Our principal product development and engineering facilities are currently located in Lisle, Illinois; Melrose Park, Illinois; New ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 80.25 Td (Carlisle, Indiana; and Monterrey) Tj ET Q q 0 0 0 rg BT 179.36 80.25 Td (, Mexico. ) Tj ET Q q 0 0 0 rg BT 219.36 80.25 Td (Additionally) Tj ET Q q 0 0 0 rg BT 269.26 80.25 Td (, we own or lease other significant properties in the U.S., Canada and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 68.25 Td (Mexico including vehicle and parts distribution centers, sales of) Tj ET Q q 0 0 0 rg BT 305.09 68.25 Td (fices, and our headquarters in Lisle, Illinois. ) Tj ET Q endstream endobj 43 0 obj <> endobj 44 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 731.10 Td (e believe that all of our facilities have been adequately maintained, are in good operating condition, and are suitable for our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (current needs. ) Tj ET Q q 0 0 0 rg BT 107.90 719.10 Td (These facilities, together with planned capital expenditures, are expected to meet our needs in the foreseeable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 707.10 Td (future. Our Lisle, Illinois and Brookfield, ) Tj ET Q q 0 0 0 rg BT 217.34 707.10 Td (W) Tj ET Q q 0 0 0 rg BT 226.38 707.10 Td (isconsin, properties are subject to liens in favor of the lenders under our ) Tj ET Q q 0 0 0 rg BT 515.56 707.10 Td (T) Tj ET Q q 0 0 0 rg BT 520.97 707.10 Td (erm Loan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 76.44 695.10 Td (Agreement. Subsequent to October 31, 2018, our Melrose Park Facility is now subject to a lien in favor of the lenders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.10 Td (under our ) Tj ET Q q 0 0 0 rg BT 90.42 683.10 Td (T) Tj ET Q q 0 0 0 rg BT 95.83 683.10 Td (erm Loan Credit ) Tj ET Q q 0 0 0 rg BT 163.87 683.10 Td (Agreement.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.50 662.10 Td (Item 3. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 104.50 662.10 Td ( Legal Proceedings ) Tj ET Q BT /F4 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 49.50 650.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 638.10 Td (The information required to be set forth under this heading is incorporated by reference from Note 14, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 460.47 638.10 Td (Commitments and ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 626.10 Td (Contingencies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.71 626.10 Td (, to the consolidated financial statements included in Part II, Item 8. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.50 605.10 Td (Item4.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.49 605.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 104.50 605.10 Td (Mine Safety Disclosures) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 204.50 605.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (Not applicable.) Tj ET Q endstream endobj 45 0 obj <> endobj 46 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (22) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.85 731.25 Td (P) Tj ET Q q 0 0 0 rg BT 293.22 731.25 Td (AR) Tj ET Q q 0 0 0 rg BT 307.31 731.25 Td (T) Tj ET Q q 0 0 0 rg BT 313.80 731.25 Td ( II) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 707.25 Td (Item 5. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 103.50 707.25 Td (Market for Registrant's Common Equity) Tj ET Q q 0 0 0 rg BT 269.82 707.25 Td (, Related Stockholder Matters and Issuer Purchases of Equity ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 103.50 695.25 Td (Securities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 674.25 Td (Market Information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 657.75 Td (Our common stock is listed on the New ) Tj ET Q q 0 0 0 rg BT 210.22 657.75 Td (Y) Tj ET Q q 0 0 0 rg BT 216.44 657.75 Td (ork Stock Exchange \("NYSE"\), under the stock symbol "NA) Tj ET Q q 0 0 0 rg BT 458.19 657.75 Td (V) Tj ET Q q 0 0 0 rg BT 464.12 657.75 Td (." ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 636.75 Td (Number) Tj ET Q q 0 0 0 rg BT 84.87 636.75 Td ( of Holders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 620.25 Td (As of November 30, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.65 620.25 Td (, there were approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.32 620.25 Td (6,217) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.82 620.25 Td ( holders of record of our common stock.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 599.25 Td (Dividend Policy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 582.75 Td (Holders of our common stock are entitled to receive dividends when and as declared by the Board of Directors out of funds ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 570.75 Td (legally available therefore, provided that, so long as any shares of our preference stock are outstanding, no dividends \(other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 558.75 Td (than dividends payable in common stock\) or other distributions \(including purchases\) may be made with respect to the common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 546.75 Td (stock unless full cumulative dividends, if any) Tj ET Q q 0 0 0 rg BT 230.21 546.75 Td (, on our shares of preference stock have been paid. Under the General Corporation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 534.75 Td (Law of the State of Delaware, dividends may only be paid out of surplus or out of net profits for the year in which the dividend ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 522.75 Td (is declared or the preceding year) Tj ET Q q 0 0 0 rg BT 179.31 522.75 Td (, and no dividend may be paid on common stock at any time during which the capital of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 510.75 Td (outstanding preference stock exceeds our net assets. Certain debt instruments contain terms that include negative covenants and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 498.75 Td (restrictions, including, among others, certain limitations on dividends. ) Tj ET Q q 0 0 0 rg BT 332.05 498.75 Td (W) Tj ET Q q 0 0 0 rg BT 340.69 498.75 Td (e have not paid dividends on our common stock since ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 486.75 Td (1980.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 465.75 Td (Recent Sales of Unr) Tj ET Q q 0 0 0 rg BT 133.47 465.75 Td (egister) Tj ET Q q 0 0 0 rg BT 161.60 465.75 Td (ed Securities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 447.75 Td (There were no sales of unregistered securities by us or any of our af) Tj ET Q q 0 0 0 rg BT 320.61 447.75 Td (filiates during the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 447.75 Td (three months ended October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.16 447.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 426.75 Td (Pur) Tj ET Q q 0 0 0 rg BT 65.43 426.75 Td (chases of Equity Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 410.25 Td (There were no purchases of equity securities by us or any of our af) Tj ET Q q 0 0 0 rg BT 316.17 410.25 Td (filiates during the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.21 410.25 Td (three months ended October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.72 410.25 Td (.) Tj ET Q endstream endobj 47 0 obj <> endobj 48 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (23) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 731.25 Td (Stock Performance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (The following graph compares the five-year cumulative total returns of Navistar International Corporation common stock, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.25 Td (S&P) Tj ET Q q 0 0 0 rg BT 68.03 701.25 Td ( 500 Index, and the S&P) Tj ET Q q 0 0 0 rg BT 165.98 701.25 Td ( Construction, Farm Machinery and Heavy ) Tj ET Q q 0 0 0 rg BT 339.93 701.25 Td (T) Tj ET Q q 0 0 0 rg BT 345.69 701.25 Td (ruck Index.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.25 Td (The comparison graph assumes $100 was invested on October 31, 2014 in our common stock and in each of the indices shown ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.25 Td (and assumes reinvestment of all dividends. Data is complete through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.94 671.25 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.64 671.25 Td (. Shareholder returns over the indicated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.25 Td (period are based on historical data and should not be considered indicative of future shareholder returns.) Tj ET Q /GS0 gs q 513.00 0 0 273.50 49.50 374.74 cm /I33 Do Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 351.25 m 360 351.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 351.25 m 364 351.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364 351.25 m 401 351.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401 351.25 m 405 351.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 351.25 m 440 351.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440 351.25 m 444 351.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 351.25 m 480 351.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480 351.25 m 484 351.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484 351.25 m 521 351.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 351.25 m 525 351.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525 351.25 m 562 351.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 351.25 m 360 351.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 338.25 m 360 338.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 351.25 m 364 351.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364 351.25 m 401 351.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364 338.25 m 401 338.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401 351.25 m 405 351.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 351.25 m 440 351.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 338.25 m 440 338.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440 351.25 m 444 351.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 351.25 m 480 351.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 338.25 m 480 338.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480 351.25 m 484 351.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484 351.25 m 521 351.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484 338.25 m 521 338.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 351.25 m 525 351.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525 351.25 m 562 351.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525 338.25 m 562 338.25 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 412.80 355.48 Td (As of October) Tj ET Q q 0 0 0 rg BT 460.27 355.48 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 333.50 342.48 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.00 342.48 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.00 342.48 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.50 342.48 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 494.00 342.48 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.00 342.48 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 328.82 Td (Navistar International Corporation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.50 328.82 Td (....................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.50 328.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.10 328.82 Td (100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.50 328.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 328.82 Td (35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 328.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 328.82 Td (63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.50 328.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.10 328.82 Td (120) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.50 328.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.15 328.82 Td (95) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.50 328.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 328.82 Td (88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 315.82 Td (S&P) Tj ET Q q 0 0 0 rg BT 70.22 315.82 Td ( 500 Index - ) Tj ET Q q 0 0 0 rg BT 121.04 315.82 Td (T) Tj ET Q q 0 0 0 rg BT 126.71 315.82 Td (otal Returns) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.50 315.82 Td (..........................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.10 315.82 Td (100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.15 315.82 Td (105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.10 315.82 Td (1) Tj ET Q q 0 0 0 rg BT 426.10 315.82 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.10 315.82 Td (136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 315.82 Td (146) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 315.82 Td (167) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 302.82 Td (S&P) Tj ET Q q 0 0 0 rg BT 70.03 302.82 Td ( Construction, Farm Machinery) Tj ET Q q 0 0 0 rg BT 195.47 302.82 Td (, and Heavy ) Tj ET Q q 0 0 0 rg BT 245.83 302.82 Td (T) Tj ET Q q 0 0 0 rg BT 251.58 302.82 Td (ruck Index) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.50 302.82 Td (..........) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.10 302.82 Td (100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 302.82 Td (74) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 302.82 Td (88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.10 302.82 Td (136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 302.82 Td (1) Tj ET Q q 0 0 0 rg BT 507.15 302.82 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 302.82 Td (144) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 285.65 Td (The above graph uses peer group only performance \(excludes us from the peer group\). Peer group indices use beginning of periods' market capitalization ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 276.05 Td (weighting. Prepared by Zacks Investment Research, Inc. Used with permission. ) Tj ET Q q 0 0 0 rg BT 305.44 276.05 Td (All rights reserved. Copyright 1980-2019. Index Data: Copyright Standard and ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 266.45 Td (Poor) Tj ET Q q 0 0 0 rg BT 64.91 266.45 Td () Tj ET Q q 0 0 0 rg BT 67.13 266.45 Td (s, Inc. Used with permission. ) Tj ET Q q 0 0 0 rg BT 161.79 266.45 Td (All rights reserved.) Tj ET Q endstream endobj 49 0 obj <> endobj 50 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (24) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.50 731.25 Td (Item6. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.99 731.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 104.50 731.25 Td (Selected Financial Data) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 203.94 731.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (Refer to Item7, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 115.31 713.25 Td (Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 239.76 713.25 Td (Analysis of Financial Condition and Results of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.48 713.25 Td (, and the notes to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.25 Td (accompanying consolidated financial statements for additional information regarding the financial data presented below) Tj ET Q q 0 0 0 rg BT 528.68 701.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.25 Td (including matters that might cause this data not to be indicative of our future financial condition or results of operations. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 174.30 671.25 Td (Five-Y) Tj ET Q q 0 0 0 rg BT 202.07 671.25 Td (ear) Tj ET Q q 0 0 0 rg BT 215.76 671.25 Td ( Summary of Selected Financial and Statistical Data) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 648.75 m 351.5 648.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 648.75 m 355.5 648.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 648.75 m 399.5 648.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 648.75 m 403.5 648.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 648.75 m 447.5 648.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 648.75 m 451.5 648.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 648.75 m 494.5 648.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 648.75 m 541.5 648.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 648.75 m 351.5 648.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 635.75 m 351.5 635.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 648.75 m 355.5 648.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 648.75 m 399.5 648.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 635.75 m 399.5 635.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 648.75 m 403.5 648.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 648.75 m 447.5 648.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 635.75 m 447.5 635.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 648.75 m 451.5 648.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 648.75 m 494.5 648.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 635.75 m 494.5 635.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 648.75 m 498.5 648.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 648.75 m 541.5 648.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 635.75 m 541.5 635.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 635.75 m 351.5 635.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 635.75 m 399.5 635.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 635.75 m 447.5 635.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 635.75 m 494.5 635.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 635.75 m 541.5 635.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 583.75 m 351.5 583.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 583.75 m 399.5 583.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 583.75 m 447.5 583.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 583.75 m 494.5 583.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 583.75 m 541.5 583.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 557.75 m 351.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 557.75 m 399.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 557.75 m 447.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 557.75 m 494.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 557.75 m 541.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 557.75 m 351.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 557.75 m 399.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 557.75 m 447.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 557.75 m 494.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 557.75 m 541.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 531.75 m 351.5 531.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 507.75 m 351.5 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 505.75 m 351.5 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 531.75 m 399.5 531.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 507.75 m 399.5 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 505.75 m 399.5 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 531.75 m 447.5 531.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 507.75 m 447.5 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 505.75 m 447.5 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 531.75 m 494.5 531.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 507.75 m 494.5 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 505.75 m 494.5 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 531.75 m 541.5 531.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 507.75 m 541.5 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 505.75 m 541.5 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 458.75 m 351.5 458.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 446.75 m 351.5 446.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 444.75 m 351.5 444.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 458.75 m 399.5 458.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 446.75 m 399.5 446.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 444.75 m 399.5 444.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 458.75 m 447.5 458.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 446.75 m 447.5 446.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 444.75 m 447.5 444.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 458.75 m 494.5 458.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 446.75 m 494.5 446.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 444.75 m 494.5 444.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 458.75 m 541.5 458.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 446.75 m 541.5 446.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 444.75 m 541.5 444.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 406.75 m 351.5 406.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 394.75 m 351.5 394.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 392.75 m 351.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 406.75 m 399.5 406.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 394.75 m 399.5 394.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 392.75 m 399.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 406.75 m 447.5 406.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 394.75 m 447.5 394.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 392.75 m 447.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 406.75 m 494.5 406.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 394.75 m 494.5 394.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 392.75 m 494.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 406.75 m 541.5 406.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 394.75 m 541.5 394.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 392.75 m 541.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 354.75 m 351.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 342.75 m 351.5 342.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 340.75 m 351.5 340.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 354.75 m 399.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 342.75 m 399.5 342.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 340.75 m 399.5 340.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 354.75 m 447.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 342.75 m 447.5 342.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 340.75 m 447.5 340.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 354.75 m 494.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 342.75 m 494.5 342.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 340.75 m 494.5 340.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 354.75 m 541.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 342.75 m 541.5 342.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 340.75 m 541.5 340.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 233.75 m 351.5 233.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 233.75 m 351.5 233.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 221.75 m 351.5 221.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 219.75 m 351.5 219.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 233.75 m 399.5 233.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 221.75 m 399.5 221.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 219.75 m 399.5 219.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 233.75 m 447.5 233.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 221.75 m 447.5 221.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 219.75 m 447.5 219.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 233.75 m 494.5 233.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 221.75 m 494.5 221.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 219.75 m 494.5 219.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 233.75 m 541.5 233.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 221.75 m 541.5 221.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 219.75 m 541.5 219.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.95 652.83 Td (As of and for) Tj ET Q q 0 0 0 rg BT 396.55 652.83 Td ( the ) Tj ET Q q 0 0 0 rg BT 410.99 652.83 Td (Y) Tj ET Q q 0 0 0 rg BT 416.17 652.83 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 484.10 652.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 72.00 639.98 Td (\(in millions, except per) Tj ET Q q 0 0 0 rg BT 149.63 639.98 Td ( shar) Tj ET Q q 0 0 0 rg BT 166.59 639.98 Td (e data\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 321.00 639.98 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.50 639.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 419.50 639.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.50 639.98 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 511.50 639.98 Td (2015) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 626.48 Td (RESUL) Tj ET Q q 0 0 0 rg BT 104.89 626.48 Td (TS OF) Tj ET Q q 0 0 0 rg BT 132.86 626.48 Td ( OPERA) Tj ET Q q 0 0 0 rg BT 169.80 626.48 Td (TIONS DA) Tj ET Q q 0 0 0 rg BT 217.13 626.48 Td (T) Tj ET Q q 0 0 0 rg BT 223.05 626.48 Td (A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 613.32 Td (Sales and revenues, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.50 613.32 Td (.......................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.00 613.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 320.10 613.48 Td (1) Tj ET Q q 0 0 0 rg BT 325.10 613.48 Td (1,251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.00 613.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.10 613.32 Td (10,250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.00 613.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 613.32 Td (8,570) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 613.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.10 613.32 Td (8,1) Tj ET Q q 0 0 0 rg BT 480.60 613.32 Td (1) Tj ET Q q 0 0 0 rg BT 485.60 613.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.00 613.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.10 613.32 Td (10,140) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 600.32 Td (Income \(loss\) from continuing operations before taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.50 600.32 Td (.....) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.65 600.48 Td (262) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 600.32 Td (420) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 600.32 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.30 600.37 Td (\(32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.65 600.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.30 600.37 Td (\(103) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.65 600.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 587.32 Td (Income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.50 587.32 Td (.............................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 334.30 587.53 Td (\(19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 347.65 587.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.30 587.37 Td (\(52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.65 587.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.30 587.37 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 587.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.30 587.37 Td (\(33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.65 587.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.30 587.37 Td (\(51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.65 587.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 574.32 Td (Income \(loss\) from continuing operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.00 574.32 Td (..........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.65 574.48 Td (243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 574.32 Td (368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 574.32 Td (54) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.30 574.37 Td (\(65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.65 574.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.30 574.37 Td (\(154) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.65 574.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 561.32 Td (Income from discontinued operations, net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.50 561.32 Td (...............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.65 561.48 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.65 561.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.65 561.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 561.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.65 561.32 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 548.32 Td (Net income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.00 548.32 Td (................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.65 548.48 Td (243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 548.32 Td (368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 548.32 Td (55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.30 548.37 Td (\(65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.65 548.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.30 548.37 Td (\(151) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.65 548.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 535.32 Td (Less: Net income attributable to non-controlling interests) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.50 535.32 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.65 535.48 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.65 535.32 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 535.32 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 535.32 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.65 535.32 Td (33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 521.42 Td (Net income \(loss\) attributable to Navistar International) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 511.42 Td (Corporation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.50 511.32 Td (.........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.00 511.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.65 511.43 Td (221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.00 511.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 511.42 Td (340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.00 511.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 511.42 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 511.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.30 511.47 Td (\(97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.65 511.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.00 511.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.30 511.47 Td (\(184) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.65 511.42 Td (\)) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 72.00 497.31 Td (Amounts attributable to Navistar International) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 72.00 487.36 Td (Corporation common shar) Tj ET Q q 0 0 0 rg BT 178.30 487.36 Td (eholders:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 475.32 Td (Income \(loss\) from continuing operations net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.00 475.32 Td (..........) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.00 475.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.65 475.48 Td (221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.00 475.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 475.32 Td (340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.00 475.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 475.32 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 475.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.30 475.37 Td (\(97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.65 475.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.00 475.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.30 475.37 Td (\(187) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.65 475.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 462.32 Td (Income from discontinued operations, net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.50 462.32 Td (...............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.65 462.48 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.65 462.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.65 462.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 462.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.65 462.32 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 449.32 Td (Net income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.50 449.32 Td (.........................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.00 449.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.65 449.48 Td (221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.00 449.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 449.32 Td (340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.00 449.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 449.32 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 449.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.30 449.37 Td (\(97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.65 449.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.00 449.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.30 449.37 Td (\(184) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.65 449.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 436.32 Td (Basic earnings \(loss\) per share) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 423.32 Td (Continuing operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.50 423.32 Td (.................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.00 423.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 330.15 423.48 Td (2.23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.00 423.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 423.32 Td (3.44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.00 423.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 423.32 Td (0.31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 423.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.80 423.37 Td (\(1.19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.65 423.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.00 423.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.80 423.37 Td (\(2.29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.65 423.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 410.32 Td (Discontinued operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.00 410.32 Td (..............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.65 410.48 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.65 410.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 410.32 Td (0.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 410.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 410.32 Td (0.04) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 397.32 Td (Net income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.50 397.32 Td (.................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.00 397.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 330.15 397.48 Td (2.23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.00 397.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 397.32 Td (3.44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.00 397.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 397.32 Td (0.32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 397.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.80 397.37 Td (\(1.19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.65 397.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.00 397.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.80 397.37 Td (\(2.25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.65 397.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 384.32 Td (Diluted earnings \(loss\) per share) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 371.32 Td (Continuing operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.50 371.32 Td (.................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.00 371.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 330.15 371.48 Td (2.22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.00 371.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 371.32 Td (3.41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.00 371.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 371.32 Td (0.31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 371.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.80 371.37 Td (\(1.19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.65 371.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.00 371.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.80 371.37 Td (\(2.29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.65 371.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 358.32 Td (Discontinued operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.00 358.32 Td (..............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.65 358.48 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.65 358.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 358.32 Td (0.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 358.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 358.32 Td (0.04) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 345.32 Td (Net income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.50 345.32 Td (.................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.00 345.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 330.15 345.48 Td (2.22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.00 345.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 345.32 Td (3.41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.00 345.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 345.32 Td (0.32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 345.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.80 345.37 Td (\(1.19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.65 345.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.00 345.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.80 345.37 Td (\(2.25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.65 345.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 332.32 Td (W) Tj ET Q q 0 0 0 rg BT 81.04 332.32 Td (eighted average number of shares outstanding:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 319.32 Td (Basic) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.00 319.32 Td (............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 330.50 319.48 Td (99.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.50 319.32 Td (98.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.50 319.32 Td (93.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.50 319.32 Td (81.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.50 319.32 Td (81.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 306.32 Td (Diluted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.50 306.32 Td (.........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 330.50 306.48 Td (99.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.50 306.32 Td (99.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.50 306.32 Td (93.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.50 306.32 Td (81.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.50 306.32 Td (81.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 293.48 Td (BALANCE SHEET) Tj ET Q q 0 0 0 rg BT 156.57 293.48 Td ( DA) Tj ET Q q 0 0 0 rg BT 172.77 293.48 Td (T) Tj ET Q q 0 0 0 rg BT 178.69 293.48 Td (A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 279.42 Td (T) Tj ET Q q 0 0 0 rg BT 77.41 279.42 Td (otal assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.00 279.32 Td (..........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.00 279.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 325.15 279.43 Td (6,917) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.00 279.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 279.42 Td (7,230) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.00 279.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 279.42 Td (6,135) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 279.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.10 279.42 Td (5,653) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.00 279.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.10 279.42 Td (6,649) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 264.42 Td (Long-term debt:) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 137.26 268.95 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 250.32 Td (Manufacturing operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.00 250.32 Td (............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.00 250.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 325.15 250.48 Td (2,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.00 250.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 250.32 Td (2,965) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.00 250.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 250.32 Td (3,121) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 250.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.10 250.32 Td (3,025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.00 250.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.10 250.32 Td (3,059) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 237.32 Td (Financial services operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.50 237.32 Td (.......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 325.15 237.48 Td (1,417) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 237.32 Td (1,556) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 237.32 Td (768) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.65 237.32 Td (972) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.10 237.32 Td (1,088) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 224.32 Td (T) Tj ET Q q 0 0 0 rg BT 95.41 224.32 Td (otal long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.00 224.32 Td (....................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.00 224.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 325.15 224.48 Td (4,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.00 224.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 224.32 Td (4,521) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.00 224.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 224.32 Td (3,889) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 224.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.10 224.32 Td (3,997) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.00 224.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.10 224.32 Td (4,147) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 211.65 Td (___________________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 202.05 Td (\(A\) Exclusive of current portion of long-term debt.) Tj ET Q endstream endobj 51 0 obj <> endobj 52 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (25) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 714.50 Td (Item 7. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 117.00 714.50 Td (Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 245.82 714.50 Td (Analysis of Financial Condition and Results of Continuing Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 696.50 Td (Management) Tj ET Q q 0 0 0 rg BT 104.48 696.50 Td (s Discussion and ) Tj ET Q q 0 0 0 rg BT 173.65 696.50 Td (Analysis of Financial Condition and Results of Operations \("MD&A"\) is designed to provide ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 684.50 Td (information that is supplemental to, and should be read together with, our consolidated financial statements and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 672.50 Td (accompanying notes. Information in MD&A) Tj ET Q q 0 0 0 rg BT 227.52 672.50 Td ( is intended to assist the reader in obtaining an understanding of \(i\)our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 660.50 Td (consolidated financial statements, \(ii\)the changes in certain key items within those financial statements from year) Tj ET Q q 0 0 0 rg BT 505.26 660.50 Td (-to-year) Tj ET Q q 0 0 0 rg BT 536.51 660.50 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 648.50 Td (\(iii\)the primary factors that contributed to those changes, \(iv\)any changes in known trends or uncertainties that we are aware ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 636.50 Td (of and that may have a material ef) Tj ET Q q 0 0 0 rg BT 185.64 636.50 Td (fect on our future performance, and \(v\)how certain accounting principles af) Tj ET Q q 0 0 0 rg BT 489.77 636.50 Td (fect our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 624.50 Td (consolidated financial statements. In addition, MD&A) Tj ET Q q 0 0 0 rg BT 266.40 624.50 Td ( provides information about our business segments and how the results of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 612.50 Td (those segments impact our results of operations and financial condition as a whole.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 594.50 Td (Executive Overview) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 576.50 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 576.50 Td (e are an international manufacturer of International brand commercial trucks, proprietary brand diesel engines, and IC ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 564.50 Td (Bus \("IC"\) brand school and commercial buses, as well as a provider of service parts for trucks and diesel engines. Our Core ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 552.50 Td (business is conducted in the North ) Tj ET Q q 0 0 0 rg BT 188.93 552.50 Td (American truck and parts markets, where we principally participate in the U.S. and Canada ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 540.50 Td (school bus and Class 6 through 8 medium and heavy truck markets. ) Tj ET Q q 0 0 0 rg BT 322.33 540.50 Td (W) Tj ET Q q 0 0 0 rg BT 330.96 540.50 Td (e also provide retail, wholesale, and lease financing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 528.50 Td (services for our trucks and parts.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 510.50 Td (Executive Summary) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 492.50 Td (During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 492.50 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.33 492.50 Td (, we continued to demonstrate the growth of our business, focusing our ef) Tj ET Q q 0 0 0 rg BT 394.53 492.50 Td (forts on becoming the #1 choice in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 480.50 Td (industry) Tj ET Q q 0 0 0 rg BT 81.63 480.50 Td (. ) Tj ET Q q 0 0 0 rg BT 86.45 480.50 Td (The areas of focus centered around: being customer centric, driving operational excellence, improving on our Core ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 468.50 Td (business and business transformation. ) Tj ET Q q 0 0 0 rg BT 202.91 468.50 Td (W) Tj ET Q q 0 0 0 rg BT 211.55 468.50 Td (e believe these actions coupled with our strategic alliance with the ) Tj ET Q q 0 0 0 rg BT 478.77 468.50 Td (TRA) Tj ET Q q 0 0 0 rg BT 497.66 468.50 Td (T) Tj ET Q q 0 0 0 rg BT 503.59 468.50 Td (ON Group ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 456.50 Td (and our winning culture anchored by our high performing cross-functional teams continue to position us for success.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 438.50 Td (In December2018, we completed the sale of a 70% equity interest in the defense business, Navistar Defense, to an af) Tj ET Q q 0 0 0 rg BT 518.88 438.50 Td (filiate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 426.50 Td (Cerberus Capital Management, L.P) Tj ET Q q 0 0 0 rg BT 189.74 426.50 Td (. In connection with the closing of the transaction, we entered into an exclusive long-term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 414.50 Td (agreement to supply military and commercial parts and chassis to Navistar Defense.) Tj ET Q q 0 0 0 rg BT 387.83 414.50 Td (W) Tj ET Q q 0 0 0 rg BT 396.46 414.50 Td (e also entered into an intellectual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 402.50 Td (property agreement and a transition services agreement in connection with the sale. ) Tj ET Q q 0 0 0 rg BT 385.03 402.50 Td (W) Tj ET Q q 0 0 0 rg BT 393.67 402.50 Td (e recognized a gain on the sale in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 390.50 Td (T) Tj ET Q q 0 0 0 rg BT 55.26 390.50 Td (ruck segment of $51 million in) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 181.35 390.50 Td (Other expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.04 390.50 Td (in our) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 284.65 390.50 Td (Consolidated Statements of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.59 390.50 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 372.50 Td (In January 2019, a new six-year master collective bar) Tj ET Q q 0 0 0 rg BT 262.84 372.50 Td (gaining agreement was ratified with the UA) Tj ET Q q 0 0 0 rg BT 437.54 372.50 Td (W) Tj ET Q q 0 0 0 rg BT 446.06 372.50 Td (. ) Tj ET Q q 0 0 0 rg BT 450.88 372.50 Td (This replaces the prior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 360.50 Td (contract that expired in October 2018.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 342.50 Td (In January 2019, we purchased group annuity contracts which transferred approximately$268 million in obligations, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 330.50 Td (related assets, of defined benefit pension plans inCanadato certain third-party insurers. ) Tj ET Q q 0 0 0 rg BT 402.82 330.50 Td (The transactions were funded by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 318.50 Td (existing plan assets and required no cash contributions to our Navistar Canada pension plans. ) Tj ET Q q 0 0 0 rg BT 424.51 318.50 Td (W) Tj ET Q q 0 0 0 rg BT 433.15 318.50 Td (e recognized a non-cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 306.50 Td (pension settlement char) Tj ET Q q 0 0 0 rg BT 143.73 306.50 Td (ge of$142 million and an income tax benefit of $38 millionduring the first quarter of 2019. ) Tj ET Q q 0 0 0 rg BT 514.30 306.50 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 294.50 Td (transactions are aligned with our strategic priority to strengthen our balance sheet by lowering risk volatility in our pension plan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 282.50 Td (obligations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 264.50 Td (In March 2019, we entered a service partnership agreement with Love) Tj ET Q q 0 0 0 rg BT 333.00 264.50 Td (s ) Tj ET Q q 0 0 0 rg BT 339.21 264.50 Td (T) Tj ET Q q 0 0 0 rg BT 344.96 264.50 Td (ravel Stops, which adds more than 300 Love) Tj ET Q q 0 0 0 rg BT 526.04 264.50 Td (s ) Tj ET Q q 0 0 0 rg BT 532.25 264.50 Td (T) Tj ET Q q 0 0 0 rg BT 538.01 264.50 Td (ruck ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 252.50 Td (T) Tj ET Q q 0 0 0 rg BT 55.26 252.50 Td (ire Care and Speedco locations to the International service network, creating the commercial transportation industry) Tj ET Q q 0 0 0 rg BT 529.08 252.50 Td (s lar) Tj ET Q q 0 0 0 rg BT 545.84 252.50 Td (gest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 240.50 Td (service network and bringing the total International service network to more than 1,000 locations in North ) Tj ET Q q 0 0 0 rg BT 483.37 240.50 Td (America. Building ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 228.50 Td (on our commitment to Uptime leadership, this partnership will expand our customers) Tj ET Q q 0 0 0 rg BT 392.58 228.50 Td ( access to same-day service for a wide ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 216.50 Td (array of light mechanical repairs and will also provide customers with faster repair service.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 198.50 Td (In ) Tj ET Q q 0 0 0 rg BT 59.78 198.50 Td (April 2019, we repaid in full our 4.75% Senior Subordinated Convertible Notes issued in March 2014. ) Tj ET Q q 0 0 0 rg BT 472.03 198.50 Td (The repayment of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 186.50 Td (outstanding principal of$41) Tj ET Q q 0 0 0 rg BT 162.17 186.50 Td (1 millionat maturity was funded with cash on hand.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 168.50 Td (In May 2019, we and certain plaintif) Tj ET Q q 0 0 0 rg BT 195.66 168.50 Td (fs in the outstanding putative United States class action lawsuits related to Model ) Tj ET Q q 0 0 0 rg BT 522.73 168.50 Td (Y) Tj ET Q q 0 0 0 rg BT 528.95 168.50 Td (ear ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 156.50 Td (201) Tj ET Q q 0 0 0 rg BT 64.13 156.50 Td (1-2014 Class 8 trucks sold in the U.S. with the Company) Tj ET Q q 0 0 0 rg BT 294.68 156.50 Td (s 1) Tj ET Q q 0 0 0 rg BT 305.70 156.50 Td (1 and 13-liter EGR only engines entered into a Stipulation and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 144.50 Td (Agreement of Settlement \(the "Settlement ) Tj ET Q q 0 0 0 rg BT 219.37 144.50 Td (Agreement"\) to settle the putative class action lawsuits pending in the United States. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 132.50 Td (During the second quarter) Tj ET Q q 0 0 0 rg BT 153.23 132.50 Td (, we incurred char) Tj ET Q q 0 0 0 rg BT 225.23 132.50 Td (ges of$159 millionto address the expected obligations under the Settlement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 120.50 Td (Agreement, as well as the costs associated with current period liabilities and future potential settlements with respect to certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 108.50 Td (other MaxxForce ) Tj ET Q q 0 0 0 rg BT 120.59 108.50 Td (Advanced EGR engine lawsuits that are not included in the Settlement ) Tj ET Q q 0 0 0 rg BT 404.69 108.50 Td (Agreement. ) Tj ET Q q 0 0 0 rg BT 453.93 108.50 Td (W) Tj ET Q q 0 0 0 rg BT 462.57 108.50 Td (e expect that this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 96.50 Td (preliminary step toward the settlement of these United States class action lawsuits will accelerate our ef) Tj ET Q q 0 0 0 rg BT 463.90 96.50 Td (forts to address legacy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 84.50 Td (engine issues.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 66.50 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 66.50 Td (e continue to make operational improvements. In June 2019, we stated our commitment to make capital investments of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 54.50 Td (approximately $125 million in new and expanded manufacturing facilities in the State of ) Tj ET Q q 0 0 0 rg BT 406.35 54.50 Td (Alabama. ) Tj ET Q q 0 0 0 rg BT 447.26 54.50 Td (The investment is expected ) Tj ET Q endstream endobj 53 0 obj <> endobj 54 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 742.10 Td (to bring 145 additional jobs to our Huntsville facility) Tj ET Q q 0 0 0 rg BT 260.49 742.10 Td (. In September 2019, we also announced we will be making a capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (investment of more than$250 millionto build a new manufacturing facility in) Tj ET Q q 0 0 0 rg BT 364.53 730.10 Td (T) Tj ET Q q 0 0 0 rg BT 369.94 730.10 Td (exas. ) Tj ET Q q 0 0 0 rg BT 392.53 730.10 Td (The investment, which is contingent on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 718.10 Td (the finalization of various incentive packages, is expected to bring approximately 600 jobs to theSan ) Tj ET Q q 0 0 0 rg BT 455.78 718.10 Td (Antonioarea.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 700.10 Td (In ) Tj ET Q q 0 0 0 rg BT 59.78 700.10 Td (August 2019, we opened a parts distribution center in Olive Branch, Mississippi, to help respond to the growing demand for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 688.10 Td (parts and quicker maintenance turnaround times. ) Tj ET Q q 0 0 0 rg BT 246.75 688.10 Td (This is our seventh parts distribution center in the U.S. and tenth in North ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 676.10 Td (America. Our centralized location and proximity to the FedEx ) Tj ET Q q 0 0 0 rg BT 300.35 676.10 Td (W) Tj ET Q q 0 0 0 rg BT 308.99 676.10 Td (orld Hub in Memphis, ) Tj ET Q q 0 0 0 rg BT 400.19 676.10 Td (T) Tj ET Q q 0 0 0 rg BT 405.60 676.10 Td (ennessee enables us to deliver parts the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 664.10 Td (next day to over 95% of our dealers) Tj ET Q q 0 0 0 rg BT 195.10 664.10 Td ( service locations. ) Tj ET Q q 0 0 0 rg BT 269.33 664.10 Td (W) Tj ET Q q 0 0 0 rg BT 277.97 664.10 Td (e are committed to uptime to enhance customer value.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 646.10 Td (2019) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 69.50 646.10 Td ( Financial Summary) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 628.10 Td (Continuing Operations Results) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 610.10 Td (Continuing Operations Results ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.89 610.10 Td ( Consolidated net sales and revenues were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.22 610.10 Td ($1) Tj ET Q q 0 0 0 rg BT 366.85 610.10 Td (1.3 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.97 610.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.75 610.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.75 610.10 Td (, an increase of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.77 610.10 Td (10%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.10 610.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 598.10 Td (compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.70 598.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.70 598.10 Td (. ) Tj ET Q q 0 0 0 rg BT 126.52 598.10 Td (The increase primarily reflects higher volumes in our Core markets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 580.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 580.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 580.10 Td (, we earned income from continuing operations before income taxes of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.78 580.10 Td ($262 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.18 580.10 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.88 580.10 Td ($420 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.27 580.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.05 580.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.05 580.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 568.10 Td (Our gross mar) Tj ET Q q 0 0 0 rg BT 106.53 568.10 Td (gin increased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.56 568.10 Td ($73 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.96 568.10 Td ( primarily due to the impact of higher volumes. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 550.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 550.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 550.10 Td (, we recognized income tax expense from continuing operations of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.41 550.10 Td ($19 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.80 550.10 Td (, compared to income tax expense of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.19 550.10 Td ($52 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 538.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 538.10 Td ( in the prior year) Tj ET Q q 0 0 0 rg BT 144.48 538.10 Td (. ) Tj ET Q q 0 0 0 rg BT 149.30 538.10 Td (The decrease to income tax expense is primarily due to a $38 million benefit associated with a group ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 526.10 Td (annuity contract purchase for certain retired pension plan participants in Canada, recorded in the first quarter of 2019. Other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 514.10 Td (dif) Tj ET Q q 0 0 0 rg BT 60.43 514.10 Td (ferences for the year include the impact of earnings, geographical mix and certain discrete items.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 496.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 496.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 496.10 Td (, after income taxes, income from continuing operations attributable to NIC was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.02 496.10 Td ($221 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.41 496.10 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.24 496.10 Td ($2.22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.74 496.10 Td ( per diluted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 484.10 Td (share, compared to income of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.56 484.10 Td ($340 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.96 484.10 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.79 484.10 Td ($3.41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.29 484.10 Td ( per diluted share, in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.71 484.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.71 484.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 460.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 460.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 460.10 Td (, consolidated net income from continuing operations attributable to NIC, before manufacturing interest, taxes, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 448.10 Td (depreciation and amortization expenses \(EBITDA\) was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.74 448.10 Td ($640 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.13 448.10 Td (, compared to EBITDA) Tj ET Q q 0 0 0 rg BT 427.44 448.10 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.77 448.10 Td ($838 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.17 448.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.94 448.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.94 448.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 436.10 Td (Excluding certain net adjustments of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.63 436.10 Td ($242 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.02 436.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.46 436.10 Td ($12 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.85 436.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.63 436.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.63 436.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.06 436.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.06 436.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 440.73 436.10 Td (, ) Tj ET Q q 0 0 0 rg BT 445.17 436.10 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 519.89 436.10 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.44 436.10 Td ($882 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 424.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 424.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.17 424.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.17 424.10 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.87 424.10 Td ($826 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.26 424.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.04 424.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.04 424.10 Td (. In) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.37 424.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.37 424.10 Td (, adjusted consolidated net income attributable to NIC, excluding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 412.10 Td (certain net impacts \("Adjusted Net Income"\), was) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.93 412.10 Td ($423 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.32 412.10 Td ( compared to) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.02 412.10 Td ($327 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.42 412.10 Td ( in 2018. EBITDA, ) Tj ET Q q 0 0 0 rg BT 487.30 412.10 Td (Adjusted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 400.10 Td (EBITDA, and ) Tj ET Q q 0 0 0 rg BT 107.55 400.10 Td (Adjusted Net Income are not determined in accordance with GAAP) Tj ET Q q 0 0 0 rg BT 377.18 400.10 Td (, nor are they presented as alternatives to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 388.10 Td (GAAP) Tj ET Q q 0 0 0 rg BT 76.36 388.10 Td ( measures. For more information regarding this non-GAAP) Tj ET Q q 0 0 0 rg BT 313.16 388.10 Td ( financial information, see ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 420.62 388.10 Td (Non-GAAP) Tj ET Q q 0 0 0 rg BT 465.99 388.10 Td ( Financial Performance ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 376.10 Td (Measur) Tj ET Q q 0 0 0 rg BT 79.68 376.10 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.01 376.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 358.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 358.10 Td (e ended2019with) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.23 358.10 Td ($1,370 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.12 358.10 Td (of consolidated cash, cash equivalents and marketable securities, compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.40 358.10 Td ($1,421 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 346.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 346.10 Td ( as ofOctober31, 2018. ) Tj ET Q q 0 0 0 rg BT 177.08 346.10 Td (The decrease in consolidated cash, cash equivalents and marketable securities was primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 334.10 Td (attributable to increases in finance receivables and other current assets, decreases in accounts payable and other noncurrent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 322.10 Td (liabilities, capital expenditures, purchases of equipment leased to others, the repayment on our convertible notes and dividends ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 310.10 Td (paid with respect to non-controlling interests partially of) Tj ET Q q 0 0 0 rg BT 275.10 310.10 Td (fset by net income, decreases in accounts receivable and inventories, an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 298.10 Td (increase in other current liabilities, proceeds from financed lease obligations and proceeds from the sales of a majority interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 286.10 Td (in our former defense business, Navistar Defense and the sale of our joint venture in China with JAC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 268.10 Td (Business Outlook and Key ) Tj ET Q q 0 0 0 rg BT 164.35 268.10 Td (T) Tj ET Q q 0 0 0 rg BT 170.28 268.10 Td (r) Tj ET Q q 0 0 0 rg BT 174.54 268.10 Td (ends) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 250.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 250.10 Td (e continually look for ways to improve the ef) Tj ET Q q 0 0 0 rg BT 238.46 250.10 Td (ficiency and performance of our operations, and our focus is on improving our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 238.10 Td (Core businesses. Certain trends have af) Tj ET Q q 0 0 0 rg BT 206.50 238.10 Td (fected our results of operations for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 238.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.00 238.10 Td ( as compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.54 238.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.54 238.10 Td (. ) Tj ET Q q 0 0 0 rg BT 457.36 238.10 Td (These trends, as well as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 226.10 Td (the key trends that we expect will impact our future results of operations, are as follows: ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 208.10 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 67.50 208.10 Td (Engine Strategy and Emissions Standar) Tj ET Q q 0 0 0 rg BT 226.01 208.10 Td (ds Compliance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.73 208.10 Td (W) Tj ET Q q 0 0 0 rg BT 304.37 208.10 Td (e are focused on new product introductions, enhancements of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 196.10 Td (current products, quality improvements and continuous material cost-reductions across our truck and bus product lines. ) Tj ET Q q 0 0 0 rg BT 548.87 196.10 Td (W) Tj ET Q q 0 0 0 rg BT 557.50 196.10 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 184.10 Td (have shifted our investment focus to develop more driver) Tj ET Q q 0 0 0 rg BT 296.12 184.10 Td (-centric designs. ) Tj ET Q q 0 0 0 rg BT 363.97 184.10 Td (W) Tj ET Q q 0 0 0 rg BT 372.61 184.10 Td (e are also expanding our powertrain of) Tj ET Q q 0 0 0 rg BT 526.82 184.10 Td (ferings ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 172.10 Td (with a mix of proprietary engines and Cummins engines. ) Tj ET Q q 0 0 0 rg BT 299.78 172.10 Td (W) Tj ET Q q 0 0 0 rg BT 308.41 172.10 Td (e have incurred significant research and development and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 160.10 Td (tooling costs to design and produce our product lines to meet the EP) Tj ET Q q 0 0 0 rg BT 339.31 160.10 Td (A) Tj ET Q q 0 0 0 rg BT 345.98 160.10 Td ( and CARB on-highway HDD emissions standards, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 148.10 Td (including OBD requirements. GHG phase 2 regulations will further increase significant investments in product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 136.10 Td (development by us and our competitors. CARB also continues to advocate for stricter emission standards, OBD ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 124.10 Td (requirements and in-use oversight. ) Tj ET Q q 0 0 0 rg BT 208.12 124.10 Td (These emissions standards have and will continue to result in significant increases in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 112.10 Td (costs of our products.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 94.10 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 67.50 94.10 Td (TRA) Tj ET Q q 0 0 0 rg BT 84.91 94.10 Td (T) Tj ET Q q 0 0 0 rg BT 90.29 94.10 Td (ON Gr) Tj ET Q q 0 0 0 rg BT 117.42 94.10 Td (oup ) Tj ET Q q 0 0 0 rg BT 134.74 94.10 Td (Alliance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.06 94.10 Td (W) Tj ET Q q 0 0 0 rg BT 186.70 94.10 Td (e and ) Tj ET Q q 0 0 0 rg BT 210.40 94.10 Td (TRA) Tj ET Q q 0 0 0 rg BT 229.29 94.10 Td (T) Tj ET Q q 0 0 0 rg BT 235.21 94.10 Td (ON Group have a similar vision for the role of technology) Tj ET Q q 0 0 0 rg BT 467.29 94.10 Td (, including the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 82.10 Td (importance of driver) Tj ET Q q 0 0 0 rg BT 149.49 82.10 Td (-focused open architecture solutions. ) Tj ET Q q 0 0 0 rg BT 301.48 82.10 Td (W) Tj ET Q q 0 0 0 rg BT 310.12 82.10 Td (e expect the alliance will be a source of powertrain options ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 70.10 Td (and other high-value technologies, including advanced driver assistance systems, connected vehicle solutions and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 58.10 Td (autonomous technologies, electric vehicles, and cab and chassis subsystems. ) Tj ET Q q 0 0 0 rg BT 375.58 58.10 Td (W) Tj ET Q q 0 0 0 rg BT 384.21 58.10 Td (e expect to have a fully integrated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 46.10 Td (proprietary powertrain and launch an electric medium-duty truck and electric school bus based on ) Tj ET Q q 0 0 0 rg BT 461.06 46.10 Td (TRA) Tj ET Q q 0 0 0 rg BT 479.96 46.10 Td (T) Tj ET Q q 0 0 0 rg BT 485.88 46.10 Td (ON Group's ) Tj ET Q endstream endobj 55 0 obj <> endobj 56 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 742.10 Td (technology) Tj ET Q q 0 0 0 rg BT 111.28 742.10 Td (. In addition, our Procurement JV) Tj ET Q q 0 0 0 rg BT 245.24 742.10 Td ( Framework ) Tj ET Q q 0 0 0 rg BT 295.79 742.10 Td (Agreement with ) Tj ET Q q 0 0 0 rg BT 362.81 742.10 Td (TRA) Tj ET Q q 0 0 0 rg BT 381.70 742.10 Td (T) Tj ET Q q 0 0 0 rg BT 387.63 742.10 Td (ON Group will deliver further material cost ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 730.10 Td (savings in the years to come.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 712.10 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 67.50 712.10 Td (Cor) Tj ET Q q 0 0 0 rg BT 82.69 712.10 Td (e T) Tj ET Q q 0 0 0 rg BT 94.64 712.10 Td (ruck Market) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.78 712.10 Td (The Core market in which we compete is cyclical in nature and strongly influenced by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 700.10 Td (macroeconomic factors such as industrial production, consumer spending, demand for durable goods, construction ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 688.10 Td (spending, business investment, and state and local government spending. During the past two years, truck customers in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 676.10 Td (U.S. and Canada have significantly replaced and expanded their fleets and truck sales have reached cyclical peaks. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 664.10 Td (However) Tj ET Q q 0 0 0 rg BT 103.75 664.10 Td (, over the past year) Tj ET Q q 0 0 0 rg BT 179.15 664.10 Td (, economic momentum has softened and freight volume and rates have eased, which may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 652.10 Td (continue to negatively impact Class 8 truck demand. ) Tj ET Q q 0 0 0 rg BT 279.77 652.10 Td (The medium truck market is expected to ease from its currently ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 640.10 Td (elevated level, but solid consumer spending may continue to support medium truck demand. ) Tj ET Q q 0 0 0 rg BT 439.18 640.10 Td (The school bus market is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 628.10 Td (expected to be solid since school-age population increases slowly) Tj ET Q q 0 0 0 rg BT 329.00 628.10 Td (, but steadily) Tj ET Q q 0 0 0 rg BT 379.73 628.10 Td (. ) Tj ET Q q 0 0 0 rg BT 384.55 628.10 Td (W) Tj ET Q q 0 0 0 rg BT 393.19 628.10 Td (e anticipate that our Core market retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 616.10 Td (industry deliveries will range between 335,000 to 365,000 units for 2020.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 598.10 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 67.50 598.10 Td (Used T) Tj ET Q q 0 0 0 rg BT 95.56 598.10 Td (ruck Inventory) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.15 598.10 Td (Our gross used truck inventory increased to approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.30 598.10 Td ($200 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.70 598.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.91 598.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.62 598.10 Td ( from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 586.10 Td ($154 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.89 586.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.11 586.10 Td (October31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.82 586.10 Td (, of) Tj ET Q q 0 0 0 rg BT 213.96 586.10 Td (fset by reserves of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.49 586.10 Td ($37 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.88 586.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.32 586.10 Td ($31 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.71 586.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 454.38 586.10 Td (. During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.21 586.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.21 586.10 Td (, additions to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 574.10 Td (our used truck reserves were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.39 574.10 Td ($69 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.79 574.10 Td (, compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.99 574.10 Td ($50 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.38 574.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.16 574.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.16 574.10 Td (. ) Tj ET Q q 0 0 0 rg BT 371.98 574.10 Td (The increase was primarily due to higher trade-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 562.10 Td (ins from strong new truck sales including an increase in other OEM used trucks related to market share gains, lar) Tj ET Q q 0 0 0 rg BT 518.85 562.10 Td (gely of) Tj ET Q q 0 0 0 rg BT 546.72 562.10 Td (fset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 550.10 Td (by used truck sales.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 532.10 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 67.50 532.10 Td (Parts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.17 532.10 Td (The Parts business remains a significant source of revenue and profit. ) Tj ET Q q 0 0 0 rg BT 379.46 532.10 Td (W) Tj ET Q q 0 0 0 rg BT 388.10 532.10 Td (e are focusing on retail customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 520.10 Td (segmentation and improving dealer) Tj ET Q q 0 0 0 rg BT 208.65 520.10 Td (-lead generation. Our private label brands help provide ) Tj ET Q q 0 0 0 rg BT 429.96 520.10 Td (All-Make parts to customers, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 508.10 Td (attract incremental price sensitive customers, and of) Tj ET Q q 0 0 0 rg BT 275.29 508.10 Td (fset the decline in late-in-lifecycle products. ) Tj ET Q q 0 0 0 rg BT 453.65 508.10 Td (W) Tj ET Q q 0 0 0 rg BT 462.29 508.10 Td (e are leveraging ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 496.10 Td (technology such as eCommerce to attract and retain new customers, to expand our existing customers) Tj ET Q q 0 0 0 rg BT 476.36 496.10 Td ( portfolio of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 484.10 Td (products, and to improve the ease of doing business. ) Tj ET Q q 0 0 0 rg BT 279.22 484.10 Td (W) Tj ET Q q 0 0 0 rg BT 287.86 484.10 Td (e have embraced improving uptime via parts availability) Tj ET Q q 0 0 0 rg BT 512.97 484.10 Td (, dedicated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 472.10 Td (same-day deliveries and expanded hours at our parts distribution centers. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 454.10 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 67.50 454.10 Td (W) Tj ET Q q 0 0 0 rg BT 74.91 454.10 Td (arranty Costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.64 454.10 Td (W) Tj ET Q q 0 0 0 rg BT 148.28 454.10 Td (arranty expense continues to reflect our current product portfolio and our commitment to quality and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 442.10 Td (customer uptime. ) Tj ET Q q 0 0 0 rg BT 139.25 442.10 Td (W) Tj ET Q q 0 0 0 rg BT 147.89 442.10 Td (arranty expense as a percentage of manufacturing revenue declined to 1.4% from 1.7% a year ago. ) Tj ET Q q 0 0 0 rg BT 543.92 442.10 Td (W) Tj ET Q q 0 0 0 rg BT 552.55 442.10 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 430.10 Td (recognized a char) Tj ET Q q 0 0 0 rg BT 137.83 430.10 Td (ge for adjustments to pre-existing warranties of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.72 430.10 Td ($3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.11 430.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.89 430.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.89 430.10 Td (, and a benefit for adjustments to pre-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 418.10 Td (existing warranties of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.64 418.10 Td ($9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.03 418.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.81 418.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.81 418.10 Td (. Pre-existing warranties during the period were primarily driven by proactive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 406.10 Td (campaign actions on units built in prior years and was partially of) Tj ET Q q 0 0 0 rg BT 329.76 406.10 Td (fset by a favorable warranty experience on trucks and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 394.10 Td (engines sold prior to fiscal year 2019. For more information, see Note 1, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 359.65 394.10 Td (Summary of Significant ) Tj ET Q q 0 0 0 rg BT 455.85 394.10 Td (Accounting Policies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.11 394.10 Td (, to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 382.10 Td (the accompanying consolidated financial statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 364.10 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 67.50 364.10 Td (Income T) Tj ET Q q 0 0 0 rg BT 104.07 364.10 Td (axes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.84 364.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.34 364.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.05 364.10 Td (, we had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.15 364.10 Td ($2.2 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.26 364.10 Td ( of U.S. federal net operating loss carryforwards and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.69 364.10 Td ($179 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.08 364.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 352.10 Td (of federal tax credit carryforwards. ) Tj ET Q q 0 0 0 rg BT 211.96 352.10 Td (W) Tj ET Q q 0 0 0 rg BT 220.60 352.10 Td (e expect our cash payments of U.S. taxes will be minimal for as long as we are able ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 340.10 Td (to of) Tj ET Q q 0 0 0 rg BT 85.93 340.10 Td (fset our U.S. taxable income by these U.S. net operating losses and tax credits, which have carryforward periods of up ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 328.10 Td (to 20 years. ) Tj ET Q q 0 0 0 rg BT 116.20 328.10 Td (W) Tj ET Q q 0 0 0 rg BT 124.83 328.10 Td (e also have state and foreign net operating losses that are available to reduce cash payments of state and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 316.10 Td (foreign taxes in future periods. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 298.10 Td (W) Tj ET Q q 0 0 0 rg BT 76.14 298.10 Td (e maintain valuation allowances on our U.S. and certain foreign deferred tax assets because it is more likely than not that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 286.10 Td (those deferred tax assets will not be realized. It is reasonably possible within the next ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.24 286.10 Td (twelve months) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.84 286.10 Td ( that additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 274.10 Td (valuation allowances may be required on certain foreign deferred tax assets. For more information, see Note 12, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 517.90 274.10 Td (Income ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 67.50 262.10 Td (T) Tj ET Q q 0 0 0 rg BT 72.14 262.10 Td (axes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.91 262.10 Td (, to the accompanying consolidated financial statements.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 244.10 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 67.50 244.10 Td (Business Evaluation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.88 244.10 Td (W) Tj ET Q q 0 0 0 rg BT 167.52 244.10 Td (e are focused on improving our ) Tj ET Q q 0 0 0 rg BT 295.08 244.10 Td (T) Tj ET Q q 0 0 0 rg BT 300.83 244.10 Td (ruck and Parts businesses in our Core markets. ) Tj ET Q q 0 0 0 rg BT 489.79 244.10 Td (W) Tj ET Q q 0 0 0 rg BT 498.42 244.10 Td (e are working ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 232.10 Td (to fix, divest or close under) Tj ET Q q 0 0 0 rg BT 176.72 232.10 Td (-performing and non-strategic areas and expect to realize incremental benefits from these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 220.10 Td (actions. ) Tj ET Q q 0 0 0 rg BT 100.64 220.10 Td (While we are making investments in our manufacturing footprint to expand our capabilities, we continue to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 208.10 Td (rationalize our manufacturing operations in an ef) Tj ET Q q 0 0 0 rg BT 262.80 208.10 Td (fort to optimize our cost structure. ) Tj ET Q q 0 0 0 rg BT 401.75 208.10 Td (This ef) Tj ET Q q 0 0 0 rg BT 429.61 208.10 Td (fort is ongoing and may lead to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 196.10 Td (additional divestitures of businesses or discontinuing programs that are outside of our Core operations or are not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 184.10 Td (performing to our expectations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 166.10 Td (As a result of these evaluations, we ceased production at our MWM Motores engine facility in Jesus Maria, ) Tj ET Q q 0 0 0 rg BT 499.61 166.10 Td (Ar) Tj ET Q q 0 0 0 rg BT 509.98 166.10 Td (gentina in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 154.10 Td (October 2019. ) Tj ET Q q 0 0 0 rg BT 129.53 154.10 Td (W) Tj ET Q q 0 0 0 rg BT 138.16 154.10 Td (e sold a majority interest in our former defense business, Navistar Defense, and our former joint venture ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 142.10 Td (in China with JAC in December 2018. ) Tj ET Q q 0 0 0 rg BT 223.41 142.10 Td (W) Tj ET Q q 0 0 0 rg BT 232.05 142.10 Td (e ceased engine production at our Melrose Park Facility in May 2018. ) Tj ET Q q 0 0 0 rg BT 513.74 142.10 Td (W) Tj ET Q q 0 0 0 rg BT 522.37 142.10 Td (e also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 130.10 Td (completed the sale of our former railcar business in Cherokee, ) Tj ET Q q 0 0 0 rg BT 318.25 130.10 Td (Alabama in February 2018. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 112.10 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 67.50 112.10 Td (North and Latin ) Tj ET Q q 0 0 0 rg BT 134.28 112.10 Td (American Economy) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.86 112.10 Td (U.S. economic growth has softened over the past year) Tj ET Q q 0 0 0 rg BT 437.80 112.10 Td (. Slower global growth, rising ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 100.10 Td (trade tensions, and ongoing policy uncertainty will likely continue to soften economic momentum. However) Tj ET Q q 0 0 0 rg BT 500.61 100.10 Td (, with a tight ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 88.10 Td (labor market, the consumer sector provides a solid base for growth. In addition, the U.S. Federal Reserve Board is expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 76.10 Td (to maintain its current monetary policy to support a moderate economic expansion. ) Tj ET Q q 0 0 0 rg BT 401.95 76.10 Td (W) Tj ET Q q 0 0 0 rg BT 410.99 76.10 Td (ith domestic fundamental weakness, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 64.10 Td (the Canadian economy is expected to continue growing at a modest pace. Expansion in Latin ) Tj ET Q q 0 0 0 rg BT 441.28 64.10 Td (America, including Brazil, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 52.10 Td (Chile, Colombia, and Peru, is projected to slow since the growth trajectory continues to be challenged by country-specific ) Tj ET Q endstream endobj 57 0 obj <> endobj 58 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 742.10 Td (factors and global headwinds. ) Tj ET Q q 0 0 0 rg BT 189.23 742.10 Td (The Mexican economy has decelerated significantly over the past year due to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 730.10 Td (deterioration of business conditions, but economic activity is expected to slowly rebound in the next year) Tj ET Q q 0 0 0 rg BT 487.40 730.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 712.10 Td (During 2019, we identified a triggering event related to continued economic weakness in Brazil and the initiation of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 700.10 Td (strategic cost reduction actions in the Brazilian asset group, which is included in the Global Operations segment. ) Tj ET Q q 0 0 0 rg BT 520.26 700.10 Td (W) Tj ET Q q 0 0 0 rg BT 528.90 700.10 Td (e test ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 688.10 Td (for impairment of long-lived assets whenever events or changes in circumstances indicate that the carrying value of an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 676.10 Td (asset or asset group \(hereinafter referred to as "asset group"\) may not be recoverable by comparing the sum of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 664.10 Td (estimated undiscounted future cash flows expected to result from the operation of the asset group and its eventual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 652.10 Td (disposition to the carrying value. ) Tj ET Q q 0 0 0 rg BT 200.81 652.10 Td (As a result of the triggering event, we estimated the recoverable amount of the asset group ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 640.10 Td (and determined that the sum of the undiscounted future cash flows exceeds the carrying value and the asset group was not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 628.10 Td (impaired. It is reasonably possible that within the next twelve months, we could recognize impairment char) Tj ET Q q 0 0 0 rg BT 496.37 628.10 Td (ges if we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 616.10 Td (experience adverse changes in our business including further declines in profitability due to changes in volume, market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 604.10 Td (pricing, cost, or the business environment. Significant adverse changes to our business environment and future cash flows, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 592.10 Td (or our inability to realize cost savings from our restructuring activities, could cause us to record impairment char) Tj ET Q q 0 0 0 rg BT 517.73 592.10 Td (ges in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 580.10 Td (future periods, which could be material.) Tj ET Q endstream endobj 59 0 obj <> endobj 60 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (29) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 724.10 Td (Results of Continuing Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 706.10 Td (The following information summarizes our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 224.74 706.10 Td (Consolidated Statements of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.68 706.10 Td ( and illustrates the key financial indicators ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 694.10 Td (used to assess our consolidated financial results. Refer to Item 7 - MD&A) Tj ET Q q 0 0 0 rg BT 344.71 694.10 Td ( in Part II of our ) Tj ET Q q 0 0 0 rg BT 411.37 694.10 Td (Annual Report on Form 10-K for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 682.10 Td (fiscal year ended October 31, 2018 for additional information regarding Results of Operations for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.16 682.10 Td (year ended October 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 670.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 670.10 Td ( as compared to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.75 670.10 Td (year ended October 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.54 670.10 Td ( and Segment Results of Continuing Operations for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.29 670.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.29 670.10 Td ( as compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 658.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 658.10 Td (. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 640.10 Td (Results of Continuing Operations for the ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 220.65 640.10 Td (year ended October 31, 2019) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 338.13 640.10 Td ( as compared to the ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 420.62 640.10 Td (year ended October 31, 2018) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 538.10 640.10 Td (. ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 614.6 m 415 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 614.6 m 464 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 614.6 m 513 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 614.6 m 562 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 599.6 m 415 599.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 614.6 m 464 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 599.6 m 464 599.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 599.6 m 513 599.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 494.6 m 415 494.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 494.6 m 464 494.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 494.6 m 513 494.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 494.6 m 415 494.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 464.6 m 415 464.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 464.6 m 464 464.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 464.6 m 513 464.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 434.6 m 415 434.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 434.6 m 464 434.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 434.6 m 513 434.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 434.6 m 415 434.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 434.6 m 464 434.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 404.6 m 415 404.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 404.6 m 464 404.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 404.6 m 513 404.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 390.6 m 415 390.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 388.6 m 415 388.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 390.6 m 464 390.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 388.6 m 464 388.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 404.6 m 513 404.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 390.6 m 513 390.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 388.6 m 513 388.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 359.6 m 415 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 361.6 m 415 361.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 359.6 m 464 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 361.6 m 464 361.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 359.6 m 513 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 361.6 m 513 361.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 618.83 Td (\(in millions, except per) Tj ET Q q 0 0 0 rg BT 130.13 618.83 Td ( shar) Tj ET Q q 0 0 0 rg BT 147.09 618.83 Td (e data and % change\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 384.00 618.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.00 618.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.85 618.83 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.85 618.83 Td (% Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 605.17 Td (Sales and revenues, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.50 605.17 Td (........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.50 604.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 378.60 604.28 Td (1) Tj ET Q q 0 0 0 rg BT 383.60 604.28 Td (1,251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 604.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.60 604.27 Td (10,250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 604.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.60 604.27 Td (1,001) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 604.27 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 604.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 590.17 Td (Costs of products sold) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.50 590.17 Td (..................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.60 589.28 Td (9,245) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.60 589.27 Td (8,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 589.27 Td (928) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 589.27 Td (1) Tj ET Q q 0 0 0 rg BT 544.80 589.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 589.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 575.17 Td (Restructuring char) Tj ET Q q 0 0 0 rg BT 144.55 575.17 Td (ges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.00 575.17 Td (...................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.15 574.28 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 574.32 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 574.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 574.27 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.35 574.27 Td (N.M.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 560.17 Td (Asset impairment char) Tj ET Q q 0 0 0 rg BT 160.94 560.17 Td (ges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.50 560.17 Td (............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.15 559.28 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 559.27 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.80 559.32 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 559.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.45 559.27 Td (\(50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 559.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 545.17 Td (Selling, general and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.00 545.17 Td (...............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 391.15 544.28 Td (934) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 544.27 Td (828) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 544.27 Td (106) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 544.27 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 544.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 530.17 Td (Engineering and product development costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.50 530.17 Td (................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 391.15 529.28 Td (319) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 529.27 Td (297) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 529.27 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.80 529.27 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 529.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 515.17 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.50 515.17 Td (............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 391.15 514.28 Td (312) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 514.27 Td (327) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.80 514.32 Td (\(15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 514.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.45 514.27 Td (\(5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 514.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 500.17 Td (Other expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.50 500.17 Td (........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 391.15 499.28 Td (164) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 499.27 Td (48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 499.27 Td (1) Tj ET Q q 0 0 0 rg BT 494.15 499.27 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.80 499.27 Td (242) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 499.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 485.17 Td (T) Tj ET Q q 0 0 0 rg BT 58.26 485.17 Td (otal costs and expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.50 485.17 Td (......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 378.60 484.28 Td (10,993) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.60 484.27 Td (9,830) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.60 484.27 Td (1,163) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 484.27 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 484.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 470.17 Td (Equity in income of non-consolidated af) Tj ET Q q 0 0 0 rg BT 213.67 470.17 Td (filiates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.50 470.17 Td (..................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.15 469.28 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 469.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 469.27 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.35 469.27 Td (N.M.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 455.17 Td (Income from continuing operations before income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.00 455.17 Td (...................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 391.15 454.28 Td (262) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 454.27 Td (420) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.80 454.32 Td (\(158) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 454.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.45 454.27 Td (\(38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 454.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 440.17 Td (Income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.00 440.17 Td (.............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 392.80 439.33 Td (\(19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.15 439.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.80 439.32 Td (\(52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 439.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 439.27 Td (33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 439.27 Td (63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 439.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 425.17 Td (Income from continuing operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.00 425.17 Td (.....................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 391.15 424.28 Td (243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 424.27 Td (368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.80 424.32 Td (\(125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 424.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.45 424.27 Td (\(34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 424.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 409.27 Td (Less: Net income attributable to non-controlling interests) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.50 409.17 Td (..................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.15 409.28 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 409.27 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.80 409.32 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 409.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.45 409.27 Td (\(21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 409.27 Td (\)%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 394.28 Td (Net income attributable to Navistar) Tj ET Q q 0 0 0 rg BT 203.96 394.28 Td ( International Corporation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.00 394.17 Td (...................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.50 394.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 391.15 394.28 Td (221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 394.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 394.27 Td (340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 394.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.80 394.32 Td (\(1) Tj ET Q q 0 0 0 rg BT 494.13 394.32 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 394.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.45 394.27 Td (\(35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 394.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 365.17 Td (Diluted income per share) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 153.30 369.70 Td (\(A\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.50 365.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.65 365.28 Td (2.22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 365.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 365.17 Td (3.41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 365.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.30 365.22 Td (\(1.19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 365.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.45 365.17 Td (\(35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 365.17 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 351.17 Td (Diluted weighted average shares outstanding) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.65 351.28 Td (99.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 351.17 Td (99.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.30 351.22 Td (\(0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 351.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 351.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 351.17 Td (%) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 337.50 Td (_________________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 327.90 Td (N.M. ) Tj ET Q q 0 0 0 rg BT 76.50 327.90 Td (Not meaningful.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 318.30 Td (\(A\) ) Tj ET Q q 0 0 0 rg BT 76.50 318.30 Td (Amounts attributable to NIC.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 300.30 Td (Sales and r) Tj ET Q q 0 0 0 rg BT 94.13 300.30 Td (evenues, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 282.30 Td (Our sales and revenues, net, are principally generated via sales of products and services. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 404.64 282.30 Td (Sales and r) Tj ET Q q 0 0 0 rg BT 449.27 282.30 Td (evenues, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.13 282.30 Td ( in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 270.30 Td (Consolidated Statements of Operations, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.44 270.30 Td (by reporting segment were as follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 240.79999999999995 m 415 240.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 240.79999999999995 m 464 240.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 240.79999999999995 m 513 240.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 240.79999999999995 m 562 240.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 240.79999999999995 m 415 240.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 240.79999999999995 m 464 240.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 240.79999999999995 m 513 240.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 165.79999999999995 m 415 165.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 165.79999999999995 m 464 165.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 165.79999999999995 m 513 165.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 165.79999999999995 m 415 165.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 151.79999999999995 m 415 151.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 149.79999999999995 m 415 149.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 165.79999999999995 m 464 165.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 151.79999999999995 m 464 151.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 149.79999999999995 m 464 149.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 165.79999999999995 m 513 165.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 151.79999999999995 m 513 151.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 149.79999999999995 m 513 149.79999999999995 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 245.03 Td (\(in millions, except % change\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 384.00 245.03 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.00 245.03 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.85 245.03 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.85 245.03 Td (% Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 230.47 Td (T) Tj ET Q q 0 0 0 rg BT 58.43 230.47 Td (ruck) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 230.37 Td (....................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.50 230.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.65 230.48 Td (8,585) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 230.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 230.47 Td (7,490) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 230.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 230.47 Td (1,095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 230.47 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 230.47 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 215.47 Td (Parts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 215.37 Td (.....................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.65 215.48 Td (2,245) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 215.47 Td (2,407) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.80 215.52 Td (\(162) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 215.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.45 215.47 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 215.47 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 200.47 Td (Global Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.50 200.37 Td (................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.15 200.48 Td (343) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 200.47 Td (360) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.80 200.52 Td (\(17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 200.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.45 200.47 Td (\(5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 200.47 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 185.47 Td (Financial Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.50 185.37 Td (................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.15 185.48 Td (297) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 185.47 Td (257) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 185.47 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 185.47 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 185.47 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 170.47 Td (Corporate and Eliminations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.00 170.37 Td (.................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 392.80 170.53 Td (\(219) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 411.15 170.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.80 170.52 Td (\(264) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 170.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 170.47 Td (45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 170.47 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 170.47 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 155.47 Td (T) Tj ET Q q 0 0 0 rg BT 75.91 155.47 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.50 155.37 Td (..............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.50 155.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.60 155.48 Td (1) Tj ET Q q 0 0 0 rg BT 388.60 155.48 Td (1,251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 155.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.60 155.47 Td (10,250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 155.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 155.47 Td (1,001) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 155.47 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 155.47 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 133.30 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 133.30 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 133.30 Td (, our ) Tj ET Q q 0 0 0 rg BT 100.98 133.30 Td (T) Tj ET Q q 0 0 0 rg BT 106.74 133.30 Td (ruck segment net sales increased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.24 133.30 Td ($1,095 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.13 133.30 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.96 133.30 Td (15%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.29 133.30 Td (, primarily due to higher volumes in our Core ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 121.30 Td (markets, the commencement of sales of GM-branded units manufactured for GM, partially of) Tj ET Q q 0 0 0 rg BT 423.09 121.30 Td (fset by the impact of the sale of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 109.30 Td (majority interest in Navistar Defense. Char) Tj ET Q q 0 0 0 rg BT 221.49 109.30 Td (geouts from our Core markets were up ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.39 109.30 Td (18%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.72 109.30 Td (, which is reflective of an improvement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 97.30 Td (in our Class 8 truck volumes and market share. ) Tj ET Q q 0 0 0 rg BT 239.83 97.30 Td (The improvement represents a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.67 97.30 Td (24%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.00 97.30 Td ( increase in Class 8 severe service trucks, a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 85.30 Td (20%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.83 85.30 Td ( increase in Class 6 and 7 medium trucks, a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.62 85.30 Td (19%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.95 85.30 Td ( increase in Class 8 heavy trucks and a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.85 85.30 Td (7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.18 85.30 Td ( increase in buses.) Tj ET Q endstream endobj 61 0 obj <> endobj 62 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 731.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 731.10 Td (, our Parts segment net sales decreased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.55 731.10 Td ($162 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.95 731.10 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.78 731.10 Td (7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.11 731.10 Td (, primarily due to the impact of the new revenue standard ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (as certain elements of core component transactions are no longer recognized within revenue and also as we are now an agent in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 707.10 Td (certain direct shipment transactions that are recorded on a net basis, and lower BDP) Tj ET Q q 0 0 0 rg BT 384.02 707.10 Td ( sales, partially of) Tj ET Q q 0 0 0 rg BT 454.92 707.10 Td (fset by higher sales in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.10 Td (North ) Tj ET Q q 0 0 0 rg BT 74.78 695.10 Td (American markets. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 677.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 677.10 Td (, our Global Operations segment net sales decreased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.15 677.10 Td ($17 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.54 677.10 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.37 677.10 Td (5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.70 677.10 Td (, primarily driven by the depreciation of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (Brazilian real against the U.S. dollar as the average conversion rate weakened by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.75 665.10 Td (9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.08 665.10 Td ( compared with the prior year) Tj ET Q q 0 0 0 rg BT 507.25 665.10 Td (, partially ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (of) Tj ET Q q 0 0 0 rg BT 57.65 653.10 Td (fset by higher volumes in our South ) Tj ET Q q 0 0 0 rg BT 202.92 653.10 Td (America operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 635.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 635.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 635.10 Td (, our Financial Services segment net revenues increased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.58 635.10 Td ($40 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.97 635.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.30 635.10 Td (16%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.63 635.10 Td (. ) Tj ET Q q 0 0 0 rg BT 401.45 635.10 Td (The increase was primarily driven by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.10 Td (higher average finance receivable balances in the U.S. and higher operating lease balances in the U.S. and Mexico. ) Tj ET Q q 0 0 0 rg BT 511.08 623.10 Td (The increase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.10 Td (was partially of) Tj ET Q q 0 0 0 rg BT 111.52 611.10 Td (fset by a reduction in finance fees char) Tj ET Q q 0 0 0 rg BT 265.99 611.10 Td (ged to the Manufacturing operations.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 593.10 Td (Costs of pr) Tj ET Q q 0 0 0 rg BT 93.03 593.10 Td (oducts sold) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 575.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 575.10 Td (, Costs of products sold ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.00 575.10 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.75 575.10 Td ( by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.75 575.10 Td ($928 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.15 575.10 Td ( compared to the prior year primarily driven by the impact of higher ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (volumes in our Core markets. ) Tj ET Q q 0 0 0 rg BT 170.41 563.10 Td (The increase is partially of) Tj ET Q q 0 0 0 rg BT 276.85 563.10 Td (fset by the impact of the new revenue standard as we are now an agent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (in certain direct shipment transactions that are recorded on a net basis and also due to certain elements of core component ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (transactions that are no longer recognized within revenue.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 521.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 521.10 Td (, we recognized char) Tj ET Q q 0 0 0 rg BT 162.88 521.10 Td (ges for adjustments to pre-existing warranties of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.66 521.10 Td ($3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.05 521.10 Td ( compared to a benefit of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.79 521.10 Td ($9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.18 521.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.10 Td (2018. Pre-existing warranty expense during the period was primarily driven by proactive campaign actions on units built in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (prior years and was partially of) Tj ET Q q 0 0 0 rg BT 174.00 497.10 Td (fset by a favorable warranty experience on both trucks and engines sold prior to fiscal year 2019.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 479.10 Td (Restructuring Char) Tj ET Q q 0 0 0 rg BT 127.19 479.10 Td (ges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.10 Td (In 2019, Restructuring char) Tj ET Q q 0 0 0 rg BT 159.29 461.10 Td (ges increased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.87 461.10 Td ($13 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.27 461.10 Td ( compared to the prior year primarily related to the cessation of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.10 Td (production at our MWM Motores engine facility in Jesus Maria, ) Tj ET Q q 0 0 0 rg BT 308.62 449.10 Td (Ar) Tj ET Q q 0 0 0 rg BT 318.99 449.10 Td (gentina and structural cost reductions in Brazil. For ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.10 Td (additional information, see Note 3, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 191.41 437.10 Td (Restructurings, Impairments and Divestitur) Tj ET Q q 0 0 0 rg BT 365.47 437.10 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.80 437.10 Td (.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 419.10 Td (Selling, general and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 401.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 401.10 Td (, our SG&A) Tj ET Q q 0 0 0 rg BT 128.39 401.10 Td ( expenses increased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.24 401.10 Td ($106 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.64 401.10 Td ( compared to the prior year primarily due to a MaxxForce ) Tj ET Q q 0 0 0 rg BT 506.61 401.10 Td (Advanced ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (EGR engine class action settlement and related litigation char) Tj ET Q q 0 0 0 rg BT 295.90 389.10 Td (ges of $159 million, partially of) Tj ET Q q 0 0 0 rg BT 422.92 389.10 Td (fset by the release of a liability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.10 Td (of$32 millionrecognized primarily in 2017 related to certain MaxxForce ) Tj ET Q q 0 0 0 rg BT 345.80 377.10 Td (Advanced EGR engine product litigation, and lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.10 Td (profit sharing accruals related to supplemental benefits for certain retirees. For more information on our legal proceedings, see ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 353.10 Td (Note 14,Commitments and Contingencies,to the accompanying consolidated financial statements.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 335.10 Td (Engineering and pr) Tj ET Q q 0 0 0 rg BT 127.45 335.10 Td (oduct development costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 317.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 317.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 317.10 Td (, our Engineering and product development costs increased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.92 317.10 Td ($22 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.31 317.10 Td ( compared to the prior year primarily due to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.10 Td (our development agreements with ) Tj ET Q q 0 0 0 rg BT 187.61 305.10 Td (TRA) Tj ET Q q 0 0 0 rg BT 206.50 305.10 Td (T) Tj ET Q q 0 0 0 rg BT 212.43 305.10 Td (ON Group involving the expense of certain engine and transmission development costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 293.10 Td (and higher research and product development costs to meet future emission standard regulatory requirements.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 275.10 Td (Inter) Tj ET Q q 0 0 0 rg BT 68.57 275.10 Td (est expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 257.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 257.10 Td (, our Interest expense decreased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.77 257.10 Td ($15 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.16 257.10 Td ( compared to the prior year primarily driven by lower ef) Tj ET Q q 0 0 0 rg BT 493.34 257.10 Td (fective interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.10 Td (rates related to our issuance of the 6.625% Senior Notes, partially of) Tj ET Q q 0 0 0 rg BT 322.85 245.10 Td (fset by the impact of higher average finance portfolio ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.10 Td (funding levels.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 215.10 Td (Other expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 197.10 Td (In 2019, our Other expenses increased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.78 197.10 Td ($1) Tj ET Q q 0 0 0 rg BT 227.41 197.10 Td (16 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.80 197.10 Td ( compared to the prior year) Tj ET Q q 0 0 0 rg BT 376.81 197.10 Td (. ) Tj ET Q q 0 0 0 rg BT 381.63 197.10 Td (The increase was primarily driven by a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 185.10 Td (group annuity contract purchase for certain retired pension plan participants which resulted in a plan remeasurement.) Tj ET Q q 0 0 0 rg BT 519.05 185.10 Td (As a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 173.10 Td (result, we recorded pension settlement accounting char) Tj ET Q q 0 0 0 rg BT 268.96 173.10 Td (ges of$142 millioncompared to$9 millionin the prior year) Tj ET Q q 0 0 0 rg BT 509.19 173.10 Td (. ) Tj ET Q q 0 0 0 rg BT 514.01 173.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 161.10 Td (increase in expense is also impacted by a $70 million non-recurring gain from the settlement of a business economic loss claim ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 149.10 Td (relating to our ) Tj ET Q q 0 0 0 rg BT 108.10 149.10 Td (Alabama engine manufacturing facility representing the net present value from the Deepwater Horizon ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.10 Td (Settlement Program recorded in 2018. ) Tj ET Q q 0 0 0 rg BT 204.28 137.10 Td (These impacts were partially of) Tj ET Q q 0 0 0 rg BT 330.16 137.10 Td (fset by a gain of$51 millionrelated to the sale of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 125.10 Td (majority interest in Navistar Defense and a gain on sale of $5 million related to our joint venture in China with JAC. ) Tj ET Q q 0 0 0 rg BT 517.27 125.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 113.10 Td (increase was also partially of) Tj ET Q q 0 0 0 rg BT 165.38 113.10 Td (fset by $46 million of non-recurring char) Tj ET Q q 0 0 0 rg BT 329.05 113.10 Td (ges related to the extinguishment of unamortized debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.10 Td (issuance costs, discounts and tender premium payments associated with the repurchase of our previous 8.25% senior notes and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 89.10 Td (refinancing of our previous Senior Secured ) Tj ET Q q 0 0 0 rg BT 224.27 89.10 Td (T) Tj ET Q q 0 0 0 rg BT 229.68 89.10 Td (erm Loan Credit Facility in 2018.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 71.10 Td (Income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 53.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 53.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 53.10 Td (, we recognized income tax expense from continuing operations of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.41 53.10 Td ($19 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.80 53.10 Td (, compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.00 53.10 Td ($52 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.39 53.10 Td ( in the prior ) Tj ET Q endstream endobj 63 0 obj <> endobj 64 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (year) Tj ET Q q 0 0 0 rg BT 66.16 731.10 Td (. ) Tj ET Q q 0 0 0 rg BT 70.97 731.10 Td (The decrease to income tax expense is lar) Tj ET Q q 0 0 0 rg BT 237.11 731.10 Td (gely the result of a $38 million benefit associated with a group annuity contract ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (purchase for certain retired pension plan participants, recorded in the first quarter of 2019. Other dif) Tj ET Q q 0 0 0 rg BT 448.89 719.10 Td (ferences for the year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 707.10 Td (include the impact of earnings, geographical mix and certain discrete items.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (Net income attributable to non-contr) Tj ET Q q 0 0 0 rg BT 196.33 689.10 Td (olling inter) Tj ET Q q 0 0 0 rg BT 240.68 689.10 Td (ests) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (Net income attributable to non-controlling interests is the result of our consolidation of subsidiaries that we do not wholly own. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.10 Td (Substantially all of our net income attributable to non-controlling interests in 2019 and 2018 relates to Ford's non-controlling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.10 Td (interest in BDP) Tj ET Q q 0 0 0 rg BT 110.06 647.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 629.10 Td (Segment Results of Continuing Operations for ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 243.43 629.10 Td (2019) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 263.43 629.10 Td ( as Compared to ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 332.88 629.10 Td (2018) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 352.88 629.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 611.10 Td (e operate in four reporting segments: ) Tj ET Q q 0 0 0 rg BT 207.91 611.10 Td (T) Tj ET Q q 0 0 0 rg BT 213.67 611.10 Td (ruck, Parts, Global Operations, and Financial Services.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 593.10 Td (e define segment profit \(loss\) as net income \(loss\) from continuing operations attributable to NIC excluding income tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.10 Td (benefit \(expense\). ) Tj ET Q q 0 0 0 rg BT 123.45 581.10 Td (The following sections analyze operating results as they relate to our four segments and do not include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (intersegment eliminations. For additional information concerning our segments, see Note 15, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 423.86 569.10 Td (Segment Reporting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.23 569.10 Td (, to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.10 Td (accompanying consolidated financial statements.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.24 539.10 Td (ruck Segment) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 509.6 m 415 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 509.6 m 464 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 509.6 m 513 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 509.6 m 562 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 509.6 m 415 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 509.6 m 464 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 509.6 m 513 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 509.6 m 562 509.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 513.83 Td (\(in millions, except % change\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 384.00 513.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.00 513.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.85 513.83 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.85 513.83 Td (% Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 499.27 Td (T) Tj ET Q q 0 0 0 rg BT 58.43 499.27 Td (ruck segment sales, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.50 499.17 Td (......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.50 499.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.65 499.28 Td (8,585) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 499.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 499.27 Td (7,490) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 499.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 499.27 Td (1,095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 499.27 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 499.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 484.27 Td (T) Tj ET Q q 0 0 0 rg BT 58.26 484.27 Td (ruck segment profit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.00 484.17 Td (...........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.15 484.28 Td (269) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 484.27 Td (397) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.80 484.32 Td (\(128) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 484.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.45 484.27 Td (\(32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 484.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 462.10 Td (Segment sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 444.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 444.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 444.10 Td (, our ) Tj ET Q q 0 0 0 rg BT 100.98 444.10 Td (T) Tj ET Q q 0 0 0 rg BT 106.74 444.10 Td (ruck segment net sales increased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.24 444.10 Td ($1,095 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.13 444.10 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.96 444.10 Td (15%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.29 444.10 Td (, primarily due to higher volumes in our Core ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 432.10 Td (markets, the commencement of sales of GM-branded units manufactured for GM, partially of) Tj ET Q q 0 0 0 rg BT 423.09 432.10 Td (fset by the impact of the sale of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 420.10 Td (majority interest in Navistar Defense. Char) Tj ET Q q 0 0 0 rg BT 221.49 420.10 Td (geouts from our Core markets were up ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.39 420.10 Td (18%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.72 420.10 Td (, which is reflective of an improvement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 408.10 Td (in our Class 8 truck volumes and market share. ) Tj ET Q q 0 0 0 rg BT 239.83 408.10 Td (The improvement represents a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.67 408.10 Td (24%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.00 408.10 Td ( increase in Class 8 severe service trucks, a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 396.10 Td (20%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.83 396.10 Td ( increase in Class 6 and 7 medium trucks, a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.62 396.10 Td (19%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.95 396.10 Td ( increase in Class 8 heavy trucks and a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.85 396.10 Td (7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.18 396.10 Td ( increase in buses.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 378.10 Td (Segment pr) Tj ET Q q 0 0 0 rg BT 94.40 378.10 Td (ofit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 360.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 360.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 360.10 Td (, our ) Tj ET Q q 0 0 0 rg BT 100.98 360.10 Td (T) Tj ET Q q 0 0 0 rg BT 106.74 360.10 Td (ruck segment profit decreased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.96 360.10 Td ($128 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.35 360.10 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.18 360.10 Td (\(32\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.17 360.10 Td (. ) Tj ET Q q 0 0 0 rg BT 338.99 360.10 Td (The decrease is primarily driven by char) Tj ET Q q 0 0 0 rg BT 500.41 360.10 Td (ges related to a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 348.10 Td (MaxxForce ) Tj ET Q q 0 0 0 rg BT 97.55 348.10 Td (Advanced EGR engine class action settlement, the impact of the sale of a majority interest in Navistar Defense, an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 336.10 Td (increase in used truck losses, and lower other income, partially of) Tj ET Q q 0 0 0 rg BT 311.46 336.10 Td (fset by higher volumes in our Core markets, and the release of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 324.10 Td (a liability recognized in a prior year related to certain MaxxForce ) Tj ET Q q 0 0 0 rg BT 313.00 324.10 Td (Advanced EGR engine litigation.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 306.10 Td (In) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 306.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 306.10 Td (, we recorded a char) Tj ET Q q 0 0 0 rg BT 160.93 306.10 Td (ge of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.70 306.10 Td ($3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.09 306.10 Td ( in our ) Tj ET Q q 0 0 0 rg BT 253.52 306.10 Td (T) Tj ET Q q 0 0 0 rg BT 259.28 306.10 Td (ruck segment for adjustments to pre-existing warranties compared to a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 294.10 Td (benefit of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.59 294.10 Td ($8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.99 294.10 Td (in the prior year) Tj ET Q q 0 0 0 rg BT 198.07 294.10 Td (. Pre-existing warranties during the period was primarily driven by proactive campaign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 282.10 Td (actions on units built in prior years and was partially of) Tj ET Q q 0 0 0 rg BT 270.38 282.10 Td (fset by a favorable warranty experience on trucks and engines sold prior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 270.10 Td (to fiscal year 2019.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 252.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 252.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 252.10 Td (, we recorded a gain of$51 millionrelated to the sale of a 70% equity interest in Navistar Defense and had a reduction ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 240.10 Td (in finance fees char) Tj ET Q q 0 0 0 rg BT 127.33 240.10 Td (ged from our Financial Services operations. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.61 240.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.61 240.10 Td (, we recorded a$70 milliongain related to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 228.10 Td (settlement of a business economic loss claim which was recognized in) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 333.04 228.10 Td (Other expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.73 228.10 Td (in our) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 436.34 228.10 Td (Consolidated Statements of ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 216.10 Td (Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.50 216.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 198.10 Td (Parts Segment ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 174.60000000000002 m 415 174.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 174.60000000000002 m 464 174.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 174.60000000000002 m 513 174.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 174.60000000000002 m 562 174.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 174.60000000000002 m 415 174.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 174.60000000000002 m 464 174.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 174.60000000000002 m 513 174.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 174.60000000000002 m 562 174.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 178.83 Td (\(in millions, except % change\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 384.00 178.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.00 178.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.85 178.83 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.85 178.83 Td (% Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 164.27 Td (Parts segment sales, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.00 164.17 Td (.......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.50 164.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.65 164.28 Td (2,245) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 164.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 164.27 Td (2,407) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 164.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.80 164.32 Td (\(162) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 164.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.45 164.27 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 164.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 149.27 Td (Parts segment profit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.00 149.17 Td (.............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.15 149.28 Td (598) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 149.27 Td (569) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 149.27 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.80 149.27 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 149.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 127.10 Td (Segment sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 109.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 109.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 109.10 Td (, our Parts segment net sales decreased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.55 109.10 Td ($162 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.95 109.10 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.78 109.10 Td (7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.11 109.10 Td (. ) Tj ET Q q 0 0 0 rg BT 335.93 109.10 Td (The decrease is primarily due to the impact of the new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 97.10 Td (revenue standard as certain elements of core component transactions are no longer recognized within revenue and also as we) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 79.10 Td (are now an agent in certain direct shipment transactions that are recorded on a net basis, and lower BDP) Tj ET Q q 0 0 0 rg BT 464.82 79.10 Td ( sales, partially of) Tj ET Q q 0 0 0 rg BT 535.73 79.10 Td (fset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 67.10 Td (by higher sales in our North ) Tj ET Q q 0 0 0 rg BT 163.37 67.10 Td (American markets. ) Tj ET Q endstream endobj 65 0 obj <> endobj 66 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (32) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (Segment pr) Tj ET Q q 0 0 0 rg BT 94.40 731.10 Td (ofit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 713.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 713.10 Td (, our Parts segment profit increased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.96 713.10 Td ($29 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.35 713.10 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.18 713.10 Td (5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.51 713.10 Td (, primarily due to higher U.S. mar) Tj ET Q q 0 0 0 rg BT 448.13 713.10 Td (gins and lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (intercompany access fees, partially of) Tj ET Q q 0 0 0 rg BT 200.09 701.10 Td (fset by lower BDP) Tj ET Q q 0 0 0 rg BT 273.88 701.10 Td ( volumes and higher freight-related expenses. ) Tj ET Q q 0 0 0 rg BT 457.98 701.10 Td (Access fees are allocated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (to our Parts segment from our ) Tj ET Q q 0 0 0 rg BT 171.52 689.10 Td (T) Tj ET Q q 0 0 0 rg BT 177.28 689.10 Td (ruck segment, primarily for the development of new products, and consist of certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (engineering and product development costs, depreciation expense, and SG&A) Tj ET Q q 0 0 0 rg BT 361.63 677.10 Td ( expenses.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 659.10 Td (Global Operations Segment) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 629.6 m 415 629.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 629.6 m 464 629.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 629.6 m 513 629.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 629.6 m 562 629.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 629.6 m 415 629.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 629.6 m 464 629.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 629.6 m 513 629.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 629.6 m 562 629.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 633.83 Td (\(in millions, except % change\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 384.00 633.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.00 633.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.85 633.83 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.85 633.83 Td (% Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 619.27 Td (Global Operations segment sales, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.50 619.17 Td (..................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.50 619.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.15 619.28 Td (343) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 619.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 619.27 Td (360) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 619.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.80 619.32 Td (\(17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 619.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.45 619.27 Td (\(5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 619.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 604.27 Td (Global Operations segment profit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.00 604.17 Td (.......................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.15 604.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 604.27 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.80 604.32 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 604.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.45 604.27 Td (\(100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 604.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 582.10 Td (Segment sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 564.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 564.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 564.10 Td (, our Global Operations segment net sales decreased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.15 564.10 Td ($17 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.54 564.10 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.37 564.10 Td (5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.70 564.10 Td (, primarily driven by the depreciation of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 552.10 Td (Brazilian real against the U.S. dollar as the average conversion rate weakened by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.75 552.10 Td (9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.08 552.10 Td ( compared with the prior year) Tj ET Q q 0 0 0 rg BT 507.25 552.10 Td (, partially ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 540.10 Td (of) Tj ET Q q 0 0 0 rg BT 57.65 540.10 Td (fset by higher volumes in our South ) Tj ET Q q 0 0 0 rg BT 202.92 540.10 Td (America operations.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 522.10 Td (Segment pr) Tj ET Q q 0 0 0 rg BT 94.40 522.10 Td (ofit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 504.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 504.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 504.10 Td (, our Global Operations segment profit decreased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.21 504.10 Td ($2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.60 504.10 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.43 504.10 Td (100%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.76 504.10 Td (. ) Tj ET Q q 0 0 0 rg BT 377.58 504.10 Td (The decrease was primarily driven by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 492.10 Td (impact of product mix and an increase in restructuring char) Tj ET Q q 0 0 0 rg BT 286.17 492.10 Td (ges related to cost reduction actions, partially of) Tj ET Q q 0 0 0 rg BT 478.15 492.10 Td (fset by lower SG&A) Tj ET Q q 0 0 0 rg BT 560.09 492.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 480.10 Td (expenses and higher other income of $5 million related to the sale of our former joint venture in China with JAC.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 462.10 Td (Financial Services Segment) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 432.6 m 415 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 432.6 m 464 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 432.6 m 513 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 432.6 m 562 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 432.6 m 415 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 432.6 m 464 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 432.6 m 513 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 432.6 m 562 432.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 436.83 Td (\(in millions, except % change\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 384.00 436.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.00 436.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.85 436.83 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.85 436.83 Td (% Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 422.27 Td (Financial Services segment revenues, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.00 422.17 Td (...........................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.50 422.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.15 422.28 Td (297) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 422.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 422.27 Td (257) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 422.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 422.27 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 422.27 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 422.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 407.27 Td (Financial Services segment profit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.00 407.17 Td (.......................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.15 407.28 Td (123) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 407.27 Td (88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 407.27 Td (35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 407.27 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 407.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 385.10 Td (Segment r) Tj ET Q q 0 0 0 rg BT 89.40 385.10 Td (evenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 367.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 367.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 367.10 Td (, our Financial Services segment net revenues increased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.58 367.10 Td ($40 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.97 367.10 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.80 367.10 Td (16%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.13 367.10 Td (. ) Tj ET Q q 0 0 0 rg BT 403.95 367.10 Td (The increase was primarily driven by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 355.10 Td (higher average finance receivable balances in the U.S. and higher operating lease balances in the U.S. and Mexico. ) Tj ET Q q 0 0 0 rg BT 511.08 355.10 Td (The increase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 343.10 Td (was partially of) Tj ET Q q 0 0 0 rg BT 111.52 343.10 Td (fset by a reduction in finance fees char) Tj ET Q q 0 0 0 rg BT 265.99 343.10 Td (ged to the Manufacturing operations.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 325.10 Td (Segment pr) Tj ET Q q 0 0 0 rg BT 94.40 325.10 Td (ofit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 307.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 307.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 307.10 Td (, our Financial Services segment profit increased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.54 307.10 Td ($35 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.94 307.10 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.77 307.10 Td (40%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.10 307.10 Td (. ) Tj ET Q q 0 0 0 rg BT 375.92 307.10 Td (The increase was primarily driven by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 295.10 Td (higher revenue and higher other income from an intercompany loan from our Financial Services operations to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 283.10 Td (Manufacturing operations. ) Tj ET Q q 0 0 0 rg BT 157.90 283.10 Td (The higher profit is also the result of an improved funding strategy whereby NFC has replaced ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 271.10 Td (certain term debt with revolving debt. ) Tj ET Q q 0 0 0 rg BT 202.88 271.10 Td (This allows NFC to utilize manufacturing cash in lieu of certain borrowings on an intra-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 259.10 Td (quarter basis. ) Tj ET Q q 0 0 0 rg BT 105.13 259.10 Td (The increase was partially of) Tj ET Q q 0 0 0 rg BT 220.46 259.10 Td (fset by the write-of) Tj ET Q q 0 0 0 rg BT 296.64 259.10 Td (f of debt issuance costs and higher depreciation expense on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 247.10 Td (operating leases.) Tj ET Q endstream endobj 67 0 obj <> endobj 68 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (33) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (Supplemental Information) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.10 Td (The following tables provide additional information on truck industry retail units, market share data, order units, backlog units, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.10 Td (and char) Tj ET Q q 0 0 0 rg BT 83.46 683.10 Td (geout units. ) Tj ET Q q 0 0 0 rg BT 132.45 683.10 Td (These tables present key metrics and trends that provide quantitative measures of our performance. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (T) Tj ET Q q 0 0 0 rg BT 54.51 665.10 Td (ruck Industry Retail Deliveries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.10 Td (The following table summarizes approximate industry retail deliveries for our Core markets, categorized by relevant class, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 635.10 Td (according to ) Tj ET Q q 0 0 0 rg BT 101.52 635.10 Td (W) Tj ET Q q 0 0 0 rg BT 110.16 635.10 Td (ards ) Tj ET Q q 0 0 0 rg BT 128.77 635.10 Td (Auto and IHS Markit \("Polk"\) and our Core retail deliveries: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 611.6 m 268 611.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268 611.6 m 272 611.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 611.6 m 317 611.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317 611.6 m 321 611.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 611.6 m 366 611.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 611.6 m 415 611.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 611.6 m 419 611.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 611.6 m 464 611.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 611.6 m 513 611.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 611.6 m 517 611.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 611.6 m 562 611.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 598.6 m 268 598.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 598.6 m 317 598.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 598.6 m 366 598.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 598.6 m 415 598.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 598.6 m 464 598.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 598.6 m 513 598.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 598.6 m 562 598.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 524.6 m 366 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 524.6 m 415 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 524.6 m 513 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 524.6 m 268 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 510.6 m 268 510.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 508.6 m 268 508.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 524.6 m 317 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 510.6 m 317 510.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 508.6 m 317 508.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 524.6 m 366 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 510.6 m 366 510.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 508.6 m 366 508.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 524.6 m 415 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 510.6 m 415 510.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 508.6 m 415 508.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 524.6 m 513 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 510.6 m 513 510.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 508.6 m 513 508.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.05 615.83 Td (For) Tj ET Q q 0 0 0 rg BT 250.42 615.83 Td ( the ) Tj ET Q q 0 0 0 rg BT 264.86 615.83 Td (Y) Tj ET Q q 0 0 0 rg BT 270.04 615.83 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 337.97 615.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 394.90 615.83 Td (2019 vs 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 492.90 615.83 Td (2018 vs 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 602.83 Td (\(in units\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 237.00 602.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 286.00 602.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 335.00 602.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 378.85 602.83 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.85 602.83 Td (% Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.85 602.83 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.85 602.83 Td (% Change) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 589.28 Td (Cor) Tj ET Q q 0 0 0 rg BT 69.07 589.28 Td (e Markets \(U.S. and Canada\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 574.27 Td (School buses) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 123.00 578.80 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.50 574.17 Td (..................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 236.60 574.28 Td (33,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.60 574.27 Td (33,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.60 574.27 Td (35,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 574.27 Td (800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 574.27 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 574.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.30 574.32 Td (\(2,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 574.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.45 574.27 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 574.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 559.27 Td (Class 6 and 7 medium trucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.00 559.17 Td (.............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.60 559.28 Td (1) Tj ET Q q 0 0 0 rg BT 236.60 559.28 Td (12,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.60 559.27 Td (98,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.60 559.27 Td (86,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.60 559.27 Td (13,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 559.27 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 559.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.60 559.27 Td (12,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 559.27 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 559.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 544.27 Td (Class 8 heavy trucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.50 544.17 Td (..........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.60 544.28 Td (235,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.60 544.27 Td (206,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.60 544.27 Td (146,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.60 544.27 Td (29,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 544.27 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 544.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.60 544.27 Td (60,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 544.27 Td (41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 544.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 529.27 Td (Class 8 severe service trucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.00 529.17 Td (.............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 236.60 529.28 Td (79,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.60 529.27 Td (70,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.60 529.27 Td (60,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.65 529.27 Td (9,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 529.27 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 529.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 529.27 Td (9,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 529.27 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 529.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 514.28 Td (T) Tj ET Q q 0 0 0 rg BT 58.25 514.28 Td (otal Cor) Tj ET Q q 0 0 0 rg BT 93.34 514.28 Td (e Markets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.00 514.17 Td (.................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.60 514.28 Td (461,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.60 514.27 Td (408,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.60 514.27 Td (328,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.60 514.27 Td (52,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 514.27 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 514.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.60 514.27 Td (80,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 514.27 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 514.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 499.27 Td (Combined class 8 trucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.00 499.17 Td (...........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.60 499.28 Td (315,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.60 499.27 Td (276,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.60 499.27 Td (206,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.60 499.27 Td (38,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 499.27 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 499.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.60 499.27 Td (69,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 499.27 Td (34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 499.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 484.27 Td (Navistar Core retail deliveries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.50 484.17 Td (..................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 236.60 484.28 Td (86,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.60 484.27 Td (71,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.60 484.27 Td (56,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.60 484.27 Td (15,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 484.27 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 484.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.60 484.27 Td (14,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 484.27 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 484.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 470.50 Td (_________________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 460.90 Td (\(A\) ) Tj ET Q q 0 0 0 rg BT 67.50 460.90 Td (The School bus retail market deliveries include buses classified as B, C, and D and are being reported on a one-month lag. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 442.90 Td (T) Tj ET Q q 0 0 0 rg BT 54.51 442.90 Td (ruck Retail Delivery Market Shar) Tj ET Q q 0 0 0 rg BT 187.98 442.90 Td (e) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 424.90 Td (The following table summarizes our approximate retail delivery market share percentages for our Core markets, based on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 412.90 Td (market-wide information from ) Tj ET Q q 0 0 0 rg BT 174.00 412.90 Td (W) Tj ET Q q 0 0 0 rg BT 182.64 412.90 Td (ards ) Tj ET Q q 0 0 0 rg BT 201.25 412.90 Td (Auto and Polk: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 389.4 m 416 389.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416 389.4 m 420 389.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420 389.4 m 489 389.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 389.4 m 493 389.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 389.4 m 562 389.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 376.4 m 416 376.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420 376.4 m 489 376.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 376.4 m 562 376.4 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.55 393.63 Td (For) Tj ET Q q 0 0 0 rg BT 410.92 393.63 Td ( the ) Tj ET Q q 0 0 0 rg BT 425.36 393.63 Td (Y) Tj ET Q q 0 0 0 rg BT 430.54 393.63 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 498.47 393.63 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.50 380.63 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 446.00 380.63 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.00 380.63 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 366.08 Td (Cor) Tj ET Q q 0 0 0 rg BT 68.98 366.08 Td (e Markets \(U.S. and Canada\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 351.07 Td (School buses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.50 350.97 Td (........................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.65 351.07 Td (35.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 351.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 351.07 Td (33.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 351.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 351.07 Td (31.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 351.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 336.07 Td (Class 6 and 7 medium trucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.00 335.97 Td (...............................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.65 336.07 Td (27.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 336.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 336.07 Td (23.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 336.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 336.07 Td (24.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 336.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 321.07 Td (Class 8 heavy trucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.50 320.97 Td (............................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.65 321.07 Td (13.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 321.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 321.07 Td (13.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 321.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 321.07 Td (1) Tj ET Q q 0 0 0 rg BT 540.65 321.07 Td (1.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 321.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 306.07 Td (Class 8 severe service trucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.00 305.97 Td (...............................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.65 306.07 Td (14.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 306.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 306.07 Td (12.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 306.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 306.07 Td (13.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 306.07 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.50 291.08 Td (T) Tj ET Q q 0 0 0 rg BT 94.25 291.08 Td (otal Cor) Tj ET Q q 0 0 0 rg BT 129.34 291.08 Td (e Markets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.50 290.97 Td (....................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.65 291.07 Td (18.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 291.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 291.07 Td (17.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 291.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 291.07 Td (17.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 291.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 276.07 Td (Combined class 8 trucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.50 275.97 Td (......................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.65 276.07 Td (14.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 276.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 276.07 Td (13.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 276.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 276.07 Td (1) Tj ET Q q 0 0 0 rg BT 540.65 276.07 Td (1.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 276.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 253.90 Td (T) Tj ET Q q 0 0 0 rg BT 54.51 253.90 Td (ruck Or) Tj ET Q q 0 0 0 rg BT 85.52 253.90 Td (ders, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 235.90 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 235.90 Td (e define orders as written commitments received from customers and dealers during the year to purchase trucks. Net orders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 223.90 Td (represent new orders received during the year less cancellations of orders made during the same year) Tj ET Q q 0 0 0 rg BT 452.39 223.90 Td (. Orders do not represent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 211.90 Td (guarantees of purchases by customers or dealers and are subject to cancellation. Orders may be either sold orders, which will be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 199.90 Td (built for specific customers, or stock orders, which will generally be built for dealer inventory for eventual sale to customers. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 187.90 Td (These orders may be placed at our assembly plants in the U.S. and Mexico for destinations anywhere in the world and include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 175.90 Td (trucks and buses. Historically) Tj ET Q q 0 0 0 rg BT 167.16 175.90 Td (, we have had an increase in net orders for stock inventory from our dealers at the end of the year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 163.90 Td (due to a combination of demand and, from time to time, incentives to the dealers. Increases in stock orders typically translate to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 151.90 Td (higher future char) Tj ET Q q 0 0 0 rg BT 120.95 151.90 Td (geouts. ) Tj ET Q q 0 0 0 rg BT 151.88 151.90 Td (The following table summarizes our approximate net orders for Core units:) Tj ET Q endstream endobj 69 0 obj <> endobj 70 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (34) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 724.5 m 268 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268 724.5 m 272 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 724.5 m 317 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317 724.5 m 321 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 724.5 m 366 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 724.5 m 415 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 724.5 m 419 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 724.5 m 464 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 724.5 m 513 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 724.5 m 517 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 724.5 m 562 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 711.5 m 268 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 711.5 m 317 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 711.5 m 366 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 711.5 m 415 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 711.5 m 464 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 711.5 m 513 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 711.5 m 562 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 711.5 m 268 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 711.5 m 317 711.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 637.5 m 268 637.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 637.5 m 317 637.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 637.5 m 366 637.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 637.5 m 415 637.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 637.5 m 513 637.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 623.5 m 268 623.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 621.5 m 268 621.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 623.5 m 317 623.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 621.5 m 317 621.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 623.5 m 366 623.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 621.5 m 366 621.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 637.5 m 415 637.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 623.5 m 415 623.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 621.5 m 415 621.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 637.5 m 513 637.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 623.5 m 513 623.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 621.5 m 513 621.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.05 728.73 Td (For) Tj ET Q q 0 0 0 rg BT 250.42 728.73 Td ( the ) Tj ET Q q 0 0 0 rg BT 264.86 728.73 Td (Y) Tj ET Q q 0 0 0 rg BT 270.04 728.73 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 337.97 728.73 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 394.90 728.73 Td (2019 vs 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 492.90 728.73 Td (2018 vs 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 715.73 Td (\(in units\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 235.50 715.73 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.50 715.73 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 333.50 715.73 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 378.85 715.73 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.85 715.73 Td (% Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.35 715.73 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.85 715.73 Td (% Change) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 702.18 Td (Cor) Tj ET Q q 0 0 0 rg BT 68.98 702.18 Td (e Markets \(U.S. and Canada\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 687.17 Td (School buses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.50 687.07 Td (......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 236.60 687.18 Td (12,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.60 687.17 Td (12,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.60 687.17 Td (1) Tj ET Q q 0 0 0 rg BT 339.60 687.17 Td (1,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.80 687.22 Td (\(200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 687.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.45 687.17 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 687.17 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 687.17 Td (1,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 687.17 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 687.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 672.17 Td (Class 6 and 7 medium trucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.00 672.07 Td (.............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 236.60 672.18 Td (23,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.60 672.17 Td (34,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.60 672.17 Td (21,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.30 672.22 Td (\(1) Tj ET Q q 0 0 0 rg BT 388.63 672.22 Td (1,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 672.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.45 672.17 Td (\(32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 672.17 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.60 672.17 Td (13,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 672.17 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 672.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 657.17 Td (Class 8 heavy trucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.50 657.07 Td (..........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 236.60 657.18 Td (23,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.60 657.17 Td (42,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.60 657.17 Td (18,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.30 657.22 Td (\(19,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 657.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.45 657.17 Td (\(45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 657.17 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.60 657.17 Td (23,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.15 657.17 Td (124) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 657.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 642.17 Td (Class 8 severe service trucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.00 642.07 Td (.............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 236.60 642.18 Td (10,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.60 642.17 Td (15,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.65 642.17 Td (8,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.30 642.22 Td (\(4,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 642.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.45 642.17 Td (\(31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 642.17 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 642.17 Td (6,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 642.17 Td (70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 642.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 627.18 Td (T) Tj ET Q q 0 0 0 rg BT 58.25 627.18 Td (otal Cor) Tj ET Q q 0 0 0 rg BT 93.34 627.18 Td (e Markets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.00 627.07 Td (.................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 236.60 627.18 Td (69,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.60 627.17 Td (104,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.60 627.17 Td (59,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.30 627.22 Td (\(35,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 627.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.45 627.17 Td (\(33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 627.17 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.60 627.17 Td (45,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 627.17 Td (75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 627.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 612.17 Td (Combined class 8 trucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.50 612.07 Td (....................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 236.60 612.18 Td (33,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.60 612.17 Td (57,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.60 612.17 Td (27,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.30 612.22 Td (\(23,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 612.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.45 612.17 Td (\(41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 612.17 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.60 612.17 Td (29,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.15 612.17 Td (107) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 612.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 590.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.51 590.00 Td (ruck Backlogs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 572.00 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 572.00 Td (e define order backlogs \("backlogs"\) as orders yet to be built as of the end of the period. Our backlogs do not represent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 560.00 Td (guarantees of purchases by customers or dealers and are subject to cancellation. ) Tj ET Q q 0 0 0 rg BT 370.21 560.00 Td (Although backlogs are one of many indicators ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 548.00 Td (of market demand, other factors such as changes in production rates, internal and supplier available capacity) Tj ET Q q 0 0 0 rg BT 482.30 548.00 Td (, new product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 536.00 Td (introductions, and competitive pricing actions may af) Tj ET Q q 0 0 0 rg BT 262.87 536.00 Td (fect point-in-time comparisons. Backlogs exclude units in inventory ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 524.00 Td (awaiting additional modifications or delivery to the end customer) Tj ET Q q 0 0 0 rg BT 310.54 524.00 Td (. ) Tj ET Q q 0 0 0 rg BT 315.36 524.00 Td (The following table summarizes our approximate backlog for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 512.00 Td (Core units: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 488.5 m 268 488.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268 488.5 m 272 488.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 488.5 m 317 488.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317 488.5 m 321 488.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 488.5 m 366 488.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 488.5 m 415 488.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 488.5 m 419 488.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 488.5 m 464 488.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 488.5 m 513 488.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 488.5 m 517 488.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 488.5 m 562 488.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 475.5 m 268 475.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 475.5 m 317 475.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 475.5 m 366 475.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 475.5 m 415 475.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 475.5 m 464 475.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 475.5 m 513 475.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 475.5 m 562 475.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 475.5 m 268 475.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 401.5 m 268 401.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 401.5 m 317 401.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 401.5 m 366 401.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 401.5 m 415 401.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 401.5 m 513 401.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 387.5 m 268 387.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 385.5 m 268 385.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 387.5 m 317 387.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 385.5 m 317 385.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 387.5 m 366 387.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 385.5 m 366 385.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 387.5 m 415 387.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 385.5 m 415 385.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 387.5 m 513 387.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 385.5 m 513 385.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 492.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.05 492.73 Td (For) Tj ET Q q 0 0 0 rg BT 250.42 492.73 Td ( the ) Tj ET Q q 0 0 0 rg BT 264.86 492.73 Td (Y) Tj ET Q q 0 0 0 rg BT 270.04 492.73 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 337.97 492.73 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.40 492.73 Td (2019 vs 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 491.40 492.73 Td (2018 vs 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 479.73 Td (\(in units\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 235.50 479.73 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.50 479.73 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 333.50 479.73 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 377.35 479.73 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.85 479.73 Td (% Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.35 479.73 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.85 479.73 Td (% Change) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 466.18 Td (Cor) Tj ET Q q 0 0 0 rg BT 68.98 466.18 Td (e Markets \(U.S. and Canada\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 451.17 Td (School buses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.50 451.07 Td (......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 241.65 451.18 Td (2,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.65 451.17 Td (2,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.65 451.17 Td (1,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.80 451.22 Td (\(300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 451.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.45 451.17 Td (\(13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 451.17 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 451.17 Td (700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 451.17 Td (41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 451.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 436.17 Td (Class 6 and 7 medium trucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.00 436.07 Td (.............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 241.65 436.18 Td (8,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.60 436.17 Td (14,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.65 436.17 Td (4,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.30 436.22 Td (\(5,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 436.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.45 436.17 Td (\(39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 436.17 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 436.17 Td (9,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.15 436.17 Td (215) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 436.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 421.17 Td (Class 8 heavy trucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.50 421.07 Td (..........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 236.60 421.18 Td (1) Tj ET Q q 0 0 0 rg BT 241.60 421.18 Td (1,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.60 421.17 Td (20,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.65 421.17 Td (6,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.30 421.22 Td (\(9,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 421.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.45 421.17 Td (\(46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 421.17 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.60 421.17 Td (14,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.15 421.17 Td (206) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 421.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 406.17 Td (Class 8 severe service trucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.00 406.07 Td (.............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 241.65 406.18 Td (6,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.65 406.17 Td (7,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.65 406.17 Td (2,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.30 406.22 Td (\(1,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 406.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.45 406.17 Td (\(21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 406.17 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 406.17 Td (5,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.15 406.17 Td (208) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 406.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.00 391.18 Td (T) Tj ET Q q 0 0 0 rg BT 56.75 391.18 Td (otal Cor) Tj ET Q q 0 0 0 rg BT 91.84 391.18 Td (e Markets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.00 391.07 Td (.................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 236.60 391.18 Td (28,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.60 391.17 Td (45,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.60 391.17 Td (15,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.30 391.22 Td (\(17,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 391.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.45 391.17 Td (\(38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 391.17 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.60 391.17 Td (29,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.15 391.17 Td (191) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 391.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 376.17 Td (Combined class 8 trucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.50 376.07 Td (....................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 236.60 376.18 Td (17,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.60 376.17 Td (28,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.65 376.17 Td (9,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.30 376.22 Td (\(1) Tj ET Q q 0 0 0 rg BT 388.63 376.22 Td (1,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 376.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.45 376.17 Td (\(39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 376.17 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.60 376.17 Td (19,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.15 376.17 Td (206) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 376.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 354.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.51 354.00 Td (ruck Char) Tj ET Q q 0 0 0 rg BT 94.97 354.00 Td (geouts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 336.00 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 336.00 Td (e define char) Tj ET Q q 0 0 0 rg BT 109.59 336.00 Td (geouts as trucks that have been invoiced to customers. ) Tj ET Q q 0 0 0 rg BT 328.79 336.00 Td (The units held in dealer inventory represent the principal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 324.00 Td (dif) Tj ET Q q 0 0 0 rg BT 60.43 324.00 Td (ference between retail deliveries and char) Tj ET Q q 0 0 0 rg BT 226.54 324.00 Td (geouts. ) Tj ET Q q 0 0 0 rg BT 257.46 324.00 Td (The following table summarizes our approximate worldwide char) Tj ET Q q 0 0 0 rg BT 519.70 324.00 Td (geouts:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 231 294.5 m 274 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 274 294.5 m 278 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278 294.5 m 321 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 294.5 m 325 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 294.5 m 367 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 294.5 m 416 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416 294.5 m 420 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420 294.5 m 465 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469 294.5 m 514 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514 294.5 m 518 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 294.5 m 563 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 231 294.5 m 274 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 231 281.5 m 274 281.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278 294.5 m 321 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278 281.5 m 321 281.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 294.5 m 367 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 281.5 m 367 281.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 281.5 m 416 281.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420 281.5 m 465 281.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469 294.5 m 514 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469 281.5 m 514 281.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514 294.5 m 518 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 294.5 m 563 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 281.5 m 563 281.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 231 281.5 m 274 281.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 207.5 m 367 207.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 231 207.5 m 274 207.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278 207.5 m 321 207.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 207.5 m 416 207.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469 207.5 m 514 207.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 231 162.5 m 274 162.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278 162.5 m 321 162.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 162.5 m 416 162.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469 162.5 m 514 162.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 231 148.5 m 274 148.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 231 146.5 m 274 146.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278 148.5 m 321 148.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278 146.5 m 321 146.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 162.5 m 367 162.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 148.5 m 367 148.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 146.5 m 367 146.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 148.5 m 416 148.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 146.5 m 416 146.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469 148.5 m 514 148.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469 146.5 m 514 146.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 298.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.55 298.73 Td (For) Tj ET Q q 0 0 0 rg BT 254.92 298.73 Td ( the ) Tj ET Q q 0 0 0 rg BT 269.36 298.73 Td (Y) Tj ET Q q 0 0 0 rg BT 274.54 298.73 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 342.47 298.73 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.90 298.73 Td (2019 vs 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 493.90 298.73 Td (2018 vs 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 285.73 Td (\(in units\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 244.00 285.73 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 291.00 285.73 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 337.50 285.73 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 378.35 285.73 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.85 285.73 Td (% Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 477.85 285.73 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.85 285.73 Td (% Change) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 272.18 Td (Cor) Tj ET Q q 0 0 0 rg BT 68.98 272.18 Td (e Markets \(U.S. and Canada\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 257.17 Td (School buses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.00 257.07 Td (.........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 242.60 257.18 Td (13,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.60 257.17 Td (12,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.60 257.17 Td (1) Tj ET Q q 0 0 0 rg BT 340.60 257.17 Td (1,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 257.17 Td (800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.80 257.17 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 257.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 257.17 Td (900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.80 257.17 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 257.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 242.17 Td (Class6 and 7 medium trucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.50 242.07 Td (................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 242.60 242.18 Td (29,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.60 242.17 Td (24,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.60 242.17 Td (20,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.65 242.17 Td (4,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.80 242.17 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 242.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 242.17 Td (3,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.80 242.17 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 242.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 227.17 Td (Class8 heavy trucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.00 227.07 Td (.............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 242.60 227.18 Td (33,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.60 227.17 Td (27,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.60 227.17 Td (16,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.65 227.17 Td (5,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.80 227.17 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 227.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.60 227.17 Td (1) Tj ET Q q 0 0 0 rg BT 487.60 227.17 Td (1,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.80 227.17 Td (65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 227.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 212.17 Td (Class8 severe service trucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.50 212.07 Td (................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 242.60 212.18 Td (1) Tj ET Q q 0 0 0 rg BT 247.60 212.18 Td (1,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.60 212.17 Td (9,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.60 212.17 Td (8,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.65 212.17 Td (2,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.80 212.17 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 212.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 212.17 Td (1,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.80 212.17 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 212.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.00 197.18 Td (T) Tj ET Q q 0 0 0 rg BT 57.21 197.18 Td (otal Cor) Tj ET Q q 0 0 0 rg BT 91.93 197.18 Td (e Markets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 197.07 Td (.....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 242.60 197.18 Td (87,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.60 197.17 Td (73,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.60 197.17 Td (57,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.60 197.17 Td (13,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.80 197.17 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 197.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.60 197.17 Td (16,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.80 197.17 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 197.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 182.17 Td (Non "Core" defense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.50 182.07 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 255.15 182.18 Td (100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.15 182.17 Td (700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.15 182.17 Td (800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.80 182.22 Td (\(600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.15 182.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.45 182.17 Td (\(86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.80 182.17 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.80 182.22 Td (\(100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.15 182.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.45 182.17 Td (\(13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 182.17 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 167.17 Td (Other markets) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 127.42 171.70 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.50 167.07 Td (....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 242.60 167.18 Td (19,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.60 167.17 Td (9,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.60 167.17 Td (10,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.65 167.17 Td (9,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.80 167.17 Td (100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 167.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 167.22 Td (\(1,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.15 167.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.45 167.17 Td (\(1) Tj ET Q q 0 0 0 rg BT 545.78 167.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 167.17 Td (\)%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.00 152.18 Td (T) Tj ET Q q 0 0 0 rg BT 56.75 152.18 Td (otal worldwide units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.00 152.07 Td (.................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 237.60 152.18 Td (106,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.60 152.17 Td (84,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.60 152.17 Td (68,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.60 152.17 Td (22,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.80 152.17 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 152.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.60 152.17 Td (15,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.80 152.17 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 152.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 137.17 Td (Combined class 8 trucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.00 137.07 Td (.......................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 242.60 137.18 Td (45,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.60 137.17 Td (37,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.60 137.17 Td (25,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.65 137.17 Td (7,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.80 137.17 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 137.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.60 137.17 Td (12,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.80 137.17 Td (49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 137.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 7.00 Tf ET q 0 0 0 rg BT 49.50 124.60 Td (_____________________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 115.00 Td (\(A\) ) Tj ET Q q 0 0 0 rg BT 76.50 115.00 Td (Other markets primarily consist of Class 4/5 vehicles, Export ) Tj ET Q q 0 0 0 rg BT 274.09 115.00 Td (T) Tj ET Q q 0 0 0 rg BT 278.70 115.00 Td (ruck, Mexico, and post-sale Navistar Defense. Other markets include certain Class 4/5 ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 76.50 105.40 Td (vehicle char) Tj ET Q q 0 0 0 rg BT 115.22 105.40 Td (geouts of 9,000 GM-branded units sold to GM for the year ended October 31, 2019.) Tj ET Q endstream endobj 71 0 obj <> endobj 72 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (35) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 740.25 Td (Liquidity and Capital Resour) Tj ET Q q 0 0 0 rg BT 175.18 740.25 Td (ces) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 722.25 Td (Consolidated cash, cash equivalents, and marketable securities) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 692.75 m 454 692.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 692.75 m 458 692.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 692.75 m 508 692.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 692.75 m 512 692.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 692.75 m 562 692.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 692.75 m 454 692.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 679.75 m 454 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 692.75 m 508 692.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 679.75 m 508 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 692.75 m 562 692.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 679.75 m 562 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 679.75 m 454 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 649.75 m 454 649.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 649.75 m 508 649.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 649.75 m 562 649.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 649.75 m 454 649.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 635.75 m 454 635.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 633.75 m 454 633.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 635.75 m 508 635.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 633.75 m 508 633.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 649.75 m 562 649.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 635.75 m 562 635.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 633.75 m 562 633.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.80 696.98 Td (As of October) Tj ET Q q 0 0 0 rg BT 500.27 696.98 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 683.98 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 420.50 683.98 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.50 683.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.50 683.98 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 670.32 Td (Consolidated cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.00 670.32 Td (...........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.50 669.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.65 669.43 Td (1,370) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 669.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 669.42 Td (1,320) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 669.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 669.42 Td (706) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 655.32 Td (Consolidated marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.00 655.32 Td (...................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 440.15 654.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 654.42 Td (101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 654.42 Td (370) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 640.32 Td (Consolidated cash, cash equivalents, and marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.00 640.32 Td (...............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.50 639.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.65 639.43 Td (1,370) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 639.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 639.42 Td (1,421) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 639.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 639.42 Td (1,076) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 605.75 m 453.5 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 605.75 m 457.5 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 605.75 m 507.5 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 605.75 m 511.5 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 605.75 m 561.5 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 605.75 m 453.5 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 592.75 m 453.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 605.75 m 507.5 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 592.75 m 507.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 605.75 m 561.5 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 592.75 m 561.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 592.75 m 453.5 592.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 562.75 m 453.5 562.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 562.75 m 507.5 562.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 562.75 m 561.5 562.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 562.75 m 453.5 562.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 548.75 m 453.5 548.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 546.75 m 453.5 546.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 548.75 m 507.5 548.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 546.75 m 507.5 546.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 562.75 m 561.5 562.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 548.75 m 561.5 548.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 546.75 m 561.5 546.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.30 609.98 Td (As of October) Tj ET Q q 0 0 0 rg BT 499.77 609.98 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 596.98 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 420.00 596.98 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.00 596.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.00 596.98 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 583.32 Td (Manufacturing operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.50 583.32 Td (.................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.00 582.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.15 582.43 Td (1,328) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 582.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.15 582.42 Td (1,362) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 582.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 582.42 Td (1,036) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 568.32 Td (Financial Services operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.00 568.32 Td (............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.65 567.43 Td (42) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 567.42 Td (59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 567.42 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 553.32 Td (Consolidated cash, cash equivalents, and marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.50 553.32 Td (...............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.00 552.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.15 552.43 Td (1,370) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 552.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.15 552.42 Td (1,421) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 552.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 552.42 Td (1,076) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 530.25 Td (Manufacturing cash, cash equivalents, and marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 512.25 Td (Manufacturing cash, cash equivalents, and marketable securities, and Financial Services cash, cash equivalents and marketable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 500.25 Td (securities are not presented in accordance with, and should not be viewed as an alternative to, GAAP) Tj ET Q q 0 0 0 rg BT 452.15 500.25 Td (. ) Tj ET Q q 0 0 0 rg BT 459.47 500.25 Td (This non-GAAP) Tj ET Q q 0 0 0 rg BT 524.93 500.25 Td ( financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 488.25 Td (information should be considered supplemental to, and not as a substitute for) Tj ET Q q 0 0 0 rg BT 356.81 488.25 Td (, or superior to, financial measures calculated in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 476.25 Td (accordance with GAAP) Tj ET Q q 0 0 0 rg BT 143.36 476.25 Td (. However) Tj ET Q q 0 0 0 rg BT 184.61 476.25 Td (, we believe that non-GAAP) Tj ET Q q 0 0 0 rg BT 297.82 476.25 Td ( reporting provides meaningful information and therefore we use ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 464.25 Td (it to supplement our GAAP) Tj ET Q q 0 0 0 rg BT 159.12 464.25 Td ( reporting by identifying items that may not be related to the core manufacturing business. ) Tj ET Q q 0 0 0 rg BT 522.18 464.25 Td (W) Tj ET Q q 0 0 0 rg BT 530.82 464.25 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 452.25 Td (provide this information for an additional analysis of our ability to meet our operating requirements, capital expenditures, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 440.25 Td (equity investments, and financial obligations. Manufacturing cash, cash equivalents, and marketable securities represent our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 428.25 Td (consolidated cash, cash equivalents, and marketable securities, which excludes cash, cash equivalents, and marketable securities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 416.25 Td (of our Financial Services operations. ) Tj ET Q q 0 0 0 rg BT 198.72 416.25 Td (W) Tj ET Q q 0 0 0 rg BT 207.36 416.25 Td (e include marketable securities with our cash and cash equivalents when assessing our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 404.25 Td (liquidity position as our investments are highly liquid in nature. Consolidated cash, cash equivalents, and marketable securities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 392.25 Td (totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.21 392.25 Td ($1.4 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.33 392.25 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.54 392.25 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.25 392.25 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 374.25 Td (Cash Requirements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 356.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 356.25 Td (e generate cash flows for operations from the sale of trucks, buses, diesel engines, and parts, as well as from product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 344.25 Td (financing provided to our dealers and retail customers by our Financial Services operations. ) Tj ET Q q 0 0 0 rg BT 418.66 344.25 Td (W) Tj ET Q q 0 0 0 rg BT 427.29 344.25 Td (e fund our operations and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 332.25 Td (strategic plans primarily with cash, cash generated from operations, debt and equity) Tj ET Q q 0 0 0 rg BT 383.46 332.25 Td (. It is our opinion that, in the absence of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 320.25 Td (significant extraordinary cash demands, our: \(i\) level of cash, cash equivalents, and marketable securities, \(ii\) current and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 308.25 Td (forecasted cash flow from our Manufacturing operations and Financial Services operations, \(iii\) availability under various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 296.25 Td (funding facilities, \(iv\) current and forecasted availability from various funding alliances, and \(v\) access to capital in the capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 284.25 Td (markets, will provide suf) Tj ET Q q 0 0 0 rg BT 149.30 284.25 Td (ficient funds to meet operating requirements \(including the MaxxForce ) Tj ET Q q 0 0 0 rg BT 435.61 284.25 Td (Advanced EGR engine class ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 272.25 Td (action settlement\), capital expenditures, investments, and financial obligations on both a short-term and long-term basis. Future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 260.25 Td (Manufacturing operations debt obligations are expected to be met through a combination of cash generation from operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 248.25 Td (and refinancing activities. ) Tj ET Q q 0 0 0 rg BT 155.39 248.25 Td (W) Tj ET Q q 0 0 0 rg BT 164.03 248.25 Td (e also believe the quality of our underlying portfolio of receivables will ensure the ongoing funding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 236.25 Td (from various sources and alliance partners and will permit our Financial Services operations to meet our financing requirements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 224.25 Td (and those of our dealers, and retail customers.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 206.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 206.25 Td (e have capacity under our various debt arrangements to raise additional cash by incurring incremental debt. ) Tj ET Q q 0 0 0 rg BT 489.18 206.25 Td (The covenants in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 194.25 Td (all of our debt agreements permit us to refinance existing debt instruments as they mature. Our 4.75% Senior Secured ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 182.25 Td (Convertible Notes were fully repaid upon maturity in ) Tj ET Q q 0 0 0 rg BT 264.45 182.25 Td (April 2019, with cash on hand. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 164.25 Td (In May 2019, NFC increased the capacity of its revolving bank credit facility from $269 million to $748 million and extended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 152.25 Td (the maturity from September 2021 to May 2024. ) Tj ET Q q 0 0 0 rg BT 246.23 152.25 Td (The additional capacity was used, in part, to fully repay the senior secured ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 140.25 Td (NFC ) Tj ET Q q 0 0 0 rg BT 71.27 140.25 Td (T) Tj ET Q q 0 0 0 rg BT 76.68 140.25 Td (erm Loan balance of $398 million.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 122.25 Td (In ) Tj ET Q q 0 0 0 rg BT 59.78 122.25 Td (April 2019, we increased the capacity of our retail accounts funding facility from $100 million to $150 million, and further ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 110.25 Td (increased the capacity to $200 million in October 2019, reverting to $150 million in November 2019. ) Tj ET Q q 0 0 0 rg BT 456.63 110.25 Td (Also in ) Tj ET Q q 0 0 0 rg BT 487.75 110.25 Td (April 2019, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 98.25 Td (temporarily increased the capacity of our wholesale variable funding facility from $350 million to $550 million until the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 86.25 Td (issuance of $300 million of two-year investor notes in June 2019. ) Tj ET Q q 0 0 0 rg BT 313.72 86.25 Td (The issuance replaced the $250 million of investor notes that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 74.25 Td (matured in June 2019.) Tj ET Q endstream endobj 73 0 obj <> endobj 74 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 740.10 Td (Our Manufacturing operations sold $10.5 billion,) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 0 0 rg BT 246.41 740.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 248.91 740.10 Td ($8.5 billion and $7.4 billion of wholesale notes and accounts receivable to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 728.10 Td (Financial Services operations during the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.07 728.10 Td (years ended October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.75 728.10 Td (, 2018 and 2017, respectively) Tj ET Q q 0 0 0 rg BT 449.85 728.10 Td (. ) Tj ET Q q 0 0 0 rg BT 454.67 728.10 Td (The total outstanding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 716.10 Td (balance of wholesale notes and accounts receivable purchased was $1.7 billion as of both ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.10 716.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.81 716.10 Td ( and 2018. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 698.10 Td (NFC paid a $20 million dividend to NI in October 2019, and total loans outstanding from our Financial Services operations to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 686.10 Td (our Manufacturing operations were $281 million and $212 million as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.72 686.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.43 686.10 Td ( and 2018, respectively) Tj ET Q q 0 0 0 rg BT 501.53 686.10 Td (. Included is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 674.10 Td (an unsecured loan balance with NFC of $200 million and $150 million, respectively) Tj ET Q q 0 0 0 rg BT 385.17 674.10 Td (. ) Tj ET Q q 0 0 0 rg BT 392.12 674.10 Td (Also included in loans made from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 662.10 Td (Financial Services operations to Manufacturing operations is an intercompany financing from NFC that is secured by a first ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 650.10 Td (priority lien on used truck inventory) Tj ET Q q 0 0 0 rg BT 193.54 650.10 Td (, and certain related assets \(the "Intercompany Used ) Tj ET Q q 0 0 0 rg BT 403.75 650.10 Td (T) Tj ET Q q 0 0 0 rg BT 409.50 650.10 Td (ruck Loan"\). ) Tj ET Q q 0 0 0 rg BT 462.18 650.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.62 650.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.33 650.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 638.10 Td (and 2018, our borrowings under the Intercompany Used ) Tj ET Q q 0 0 0 rg BT 276.21 638.10 Td (T) Tj ET Q q 0 0 0 rg BT 281.97 638.10 Td (ruck Loan were $25 million and zero, respectively) Tj ET Q q 0 0 0 rg BT 482.91 638.10 Td (. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 626.10 Td (Manufacturing operations also have an intercompany revolving loan agreement \(the "Intercompany Revolving Loan"\) with our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 614.10 Td (captive insurance company under our Financial Services segment. ) Tj ET Q q 0 0 0 rg BT 315.80 614.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.25 614.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.95 614.10 Td ( and 2018, our borrowings under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 602.10 Td (Intercompany Revolving Loan were $16 million and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.50 602.10 Td ($7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.89 602.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 356.56 602.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 359.06 602.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 584.10 Td (Our Financial Services operations in Mexico extend working capital loans to our Manufacturing operations in Mexico for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 572.10 Td (orders received. ) Tj ET Q q 0 0 0 rg BT 115.30 572.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.74 572.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.45 572.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.89 572.10 Td (October31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.60 572.10 Td (, the borrowings of our Manufacturing operations in Mexico ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 560.10 Td (under these loan agreements were $40 million and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.32 560.10 Td ($55 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.71 560.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 352.38 560.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 542.10 Td (See Note 10, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 103.38 542.10 Td (Debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.82 542.10 Td (, to the accompanying consolidated financial statements for a description of our credit facilities and long-term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 530.10 Td (debt obligations. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 512.10 Td (Cash Flow Overview) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 482.6 m 428 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 482.6 m 432 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 482.6 m 495 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 482.6 m 499 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 482.6 m 562 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 482.6 m 428 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 442.6 m 428 442.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 482.6 m 432 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 482.6 m 495 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 442.6 m 495 442.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 482.6 m 499 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 482.6 m 562 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 442.6 m 562 442.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 442.6 m 428 442.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 382.6 m 428 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 382.6 m 495 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 382.6 m 562 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 352.6 m 428 352.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 352.6 m 495 352.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 352.6 m 562 352.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 338.6 m 428 338.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 336.6 m 428 336.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 338.6 m 495 338.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 336.6 m 495 336.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 338.6 m 562 338.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 336.6 m 562 336.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.00 486.83 Td (Y) Tj ET Q q 0 0 0 rg BT 417.89 486.83 Td (ear) Tj ET Q q 0 0 0 rg BT 428.85 486.83 Td ( Ended October) Tj ET Q q 0 0 0 rg BT 482.93 486.83 Td ( 31, 2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 446.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.00 454.83 Td (Manufacturing) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.25 446.83 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 411.47 450.46 Td (\(A\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 446.95 470.83 Td (Financial ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 449.00 462.83 Td (Services ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 436.40 454.83 Td (Operations and ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.60 446.83 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 481.16 450.46 Td (\(A\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 507.55 462.83 Td (Consolidated ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 508.30 454.83 Td (Statement of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 510.30 446.83 Td (Cash Flows) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 433.17 Td (Net cash provided by operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.00 433.17 Td (.........................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 367.50 432.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.15 432.28 Td (395) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.50 432.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.15 432.28 Td (55) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 501.50 432.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 543.15 432.28 Td (450) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 418.17 Td (Net cash provided by \(used in\) investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.00 418.17 Td (...........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 414.15 417.28 Td (70) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.80 417.33 Td (\(138) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.15 417.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.80 417.33 Td (\(68) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.15 417.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 403.17 Td (Net cash provided by \(used in\) financing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.50 403.17 Td (..........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 405.80 402.33 Td (\(373) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 424.15 402.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.15 402.28 Td (1) Tj ET Q q 0 0 0 rg BT 481.15 402.28 Td (15) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.80 402.33 Td (\(258) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.15 402.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 388.17 Td (Ef) Tj ET Q q 0 0 0 rg BT 61.76 388.17 Td (fect of exchange rate changes on cash, cash equivalents and restricted cash) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.80 387.33 Td (\(9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 424.15 387.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.80 387.33 Td (\(3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.15 387.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.80 387.33 Td (\(12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.15 387.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 373.17 Td (Increase in cash, cash equivalents and restricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.00 373.17 Td (...............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 414.15 372.28 Td (83) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.15 372.28 Td (29) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 543.15 372.28 Td (1) Tj ET Q q 0 0 0 rg BT 548.15 372.28 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 358.17 Td (Cash, cash equivalents and restricted cash at beginning of the year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.00 358.17 Td (.................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.65 357.28 Td (1,295) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.15 357.28 Td (150) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 535.65 357.28 Td (1,445) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 343.17 Td (Cash, cash equivalents and restricted cash at end of the year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.50 343.17 Td (....................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 367.50 342.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.65 342.28 Td (1,378) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.50 342.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.15 342.28 Td (179) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 501.50 342.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 535.65 342.28 Td (1,557) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 308.6 m 428 308.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 308.6 m 432 308.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 308.6 m 495 308.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 308.6 m 499 308.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 308.6 m 562 308.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 308.6 m 428 308.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 268.6 m 428 268.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 308.6 m 432 308.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 308.6 m 495 308.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 268.6 m 495 268.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 308.6 m 499 308.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 308.6 m 562 308.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 268.6 m 562 268.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 268.6 m 562 268.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 208.60000000000002 m 428 208.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 208.60000000000002 m 495 208.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 208.60000000000002 m 562 208.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 208.60000000000002 m 495 208.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 178.60000000000002 m 428 178.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 178.60000000000002 m 495 178.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 178.60000000000002 m 562 178.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 164.60000000000002 m 428 164.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 162.60000000000002 m 428 162.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 178.60000000000002 m 495 178.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 164.60000000000002 m 495 164.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 162.60000000000002 m 495 162.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 164.60000000000002 m 562 164.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 162.60000000000002 m 562 162.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.00 312.83 Td (Y) Tj ET Q q 0 0 0 rg BT 417.89 312.83 Td (ear) Tj ET Q q 0 0 0 rg BT 428.85 312.83 Td ( Ended October) Tj ET Q q 0 0 0 rg BT 482.93 312.83 Td ( 31, 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 272.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.00 280.83 Td (Manufacturing) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.25 272.83 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 411.47 276.46 Td (\(A\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 446.95 296.83 Td (Financial ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 449.00 288.83 Td (Services ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 436.40 280.83 Td (Operations and ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.60 272.83 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 481.16 276.46 Td (\(A\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 507.55 288.83 Td (Consolidated ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 508.30 280.83 Td (Statement of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 510.30 272.83 Td (Cash Flows) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 259.17 Td (Net cash provided by \(used in\) operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.50 259.17 Td (..........................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.50 258.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 258.27 Td (417) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.50 258.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.80 258.32 Td (\(150) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 258.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.50 258.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 258.27 Td (267) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 244.17 Td (Net cash provided by \(used in\) investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.00 244.17 Td (...........................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.15 243.27 Td (66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.80 243.32 Td (\(132) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 243.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.80 243.32 Td (\(66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 243.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 229.17 Td (Net cash provided by financing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.00 229.17 Td (.........................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 228.27 Td (137) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 228.27 Td (277) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 228.27 Td (414) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 214.17 Td (Ef) Tj ET Q q 0 0 0 rg BT 61.76 214.17 Td (fect of exchange rate changes on cash, cash equivalents and restricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.80 213.32 Td (\(15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 213.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.15 213.27 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.80 213.32 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 213.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 199.17 Td (Increase in cash, cash equivalents and restricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.00 199.17 Td (...............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 198.27 Td (605) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.15 198.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 198.27 Td (605) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 184.17 Td (Cash, cash equivalents and restricted cash at beginning of the year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.00 184.17 Td (.................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 183.27 Td (690) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 183.27 Td (150) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 183.27 Td (840) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 169.17 Td (Cash, cash equivalents and restricted cash at end of the year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.50 169.17 Td (....................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.50 168.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.65 168.27 Td (1,295) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.50 168.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 168.27 Td (150) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.50 168.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 168.27 Td (1,445) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 75 0 obj <> endobj 76 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (37) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 733.5 m 428 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 733.5 m 432 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 733.5 m 495 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 733.5 m 499 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 733.5 m 562 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 733.5 m 428 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 693.5 m 428 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 733.5 m 432 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 733.5 m 495 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 693.5 m 495 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 733.5 m 499 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 733.5 m 562 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 693.5 m 562 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 693.5 m 428 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 693.5 m 495 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 693.5 m 562 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 633.5 m 428 633.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 633.5 m 495 633.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 633.5 m 562 633.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 633.5 m 495 633.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 603.5 m 428 603.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 603.5 m 495 603.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 603.5 m 562 603.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 589.5 m 428 589.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 587.5 m 428 587.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 603.5 m 495 603.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 589.5 m 495 589.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 587.5 m 495 587.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 589.5 m 562 589.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 587.5 m 562 587.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.00 737.73 Td (Y) Tj ET Q q 0 0 0 rg BT 418.33 737.73 Td (ear) Tj ET Q q 0 0 0 rg BT 428.92 737.73 Td ( Ended October) Tj ET Q q 0 0 0 rg BT 483.00 737.73 Td ( 31, 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 697.73 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.00 705.73 Td (Manufacturing) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.25 697.73 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 411.47 701.36 Td (\(A\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 446.95 721.73 Td (Financial ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 449.00 713.73 Td (Services ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 436.40 705.73 Td (Operations and ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.60 697.73 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 481.16 701.36 Td (\(A\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 507.55 713.73 Td (Consolidated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 508.30 705.73 Td (Statement of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 510.30 697.73 Td (Cash Flows) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 684.07 Td (Net cash provided by operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.00 684.07 Td (.........................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.50 683.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.15 683.17 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.50 683.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.15 683.17 Td (99) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.50 683.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 683.17 Td (109) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 669.07 Td (Net cash used in investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.50 669.07 Td (..................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.80 668.22 Td (\(487) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 668.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.80 668.22 Td (\(33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 668.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 668.22 Td (\(520) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 668.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 654.07 Td (Net cash provided by \(used in\) financing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.50 654.07 Td (..........................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 653.17 Td (389) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.80 653.22 Td (\(51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 653.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 653.17 Td (338) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 639.07 Td (Ef) Tj ET Q q 0 0 0 rg BT 61.76 639.07 Td (fect of exchange rate changes on cash, cash equivalents and restricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.80 638.22 Td (\(5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 638.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.15 638.17 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 638.22 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 638.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 624.07 Td (Increase \(decrease\) in cash, cash equivalents and restricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.50 624.07 Td (..............) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.80 623.22 Td (\(93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 623.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.15 623.17 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.80 623.22 Td (\(76) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 623.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 609.07 Td (Cash, cash equivalents and restricted cash at beginning of the year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.00 609.07 Td (.................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 608.17 Td (783) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 608.17 Td (133) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 608.17 Td (916) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 594.07 Td (Cash, cash equivalents and restricted cash at end of the year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.50 594.07 Td (....................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.50 593.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 593.17 Td (690) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.50 593.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 593.17 Td (150) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.50 593.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 593.17 Td (840) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 579.40 Td (_________________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 569.80 Td (\(A\) ) Tj ET Q q 0 0 0 rg BT 67.50 569.80 Td (Manufacturing operations cash flows and Financial Services operations cash flows are not presented in accordance with, and should not be viewed as an ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 560.20 Td (alternative to, GAAP) Tj ET Q q 0 0 0 rg BT 134.38 560.20 Td (. ) Tj ET Q q 0 0 0 rg BT 138.23 560.20 Td (This non-GAAP) Tj ET Q q 0 0 0 rg BT 190.60 560.20 Td ( financial information should be considered supplemental to, and not as a substitute for) Tj ET Q q 0 0 0 rg BT 468.44 560.20 Td (, or superior to, financial ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 550.60 Td (measures calculated in accordance with GAAP) Tj ET Q q 0 0 0 rg BT 217.00 550.60 Td (. However) Tj ET Q q 0 0 0 rg BT 250.00 550.60 Td (, we believe that non-GAAP) Tj ET Q q 0 0 0 rg BT 340.57 550.60 Td ( reporting provides meaningful information and therefore we use it ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 541.05 Td (to supplement our GAAP) Tj ET Q q 0 0 0 rg BT 148.75 541.05 Td ( reporting by identifying items that may not be related to the Core manufacturing business. Management often uses this ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 531.45 Td (information to assess and measure the performance and liquidity of our operating segments. Our Manufacturing operations, for this purpose, include our ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 521.80 Td (T) Tj ET Q q 0 0 0 rg BT 72.11 521.80 Td (ruck segment, Global Operations segment, Parts segment, and Corporate items which include certain eliminations. ) Tj ET Q q 0 0 0 rg BT 440.31 521.80 Td (The reconciling dif) Tj ET Q q 0 0 0 rg BT 501.48 521.80 Td (ferences between ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 512.25 Td (these non-GAAP) Tj ET Q q 0 0 0 rg BT 122.09 512.25 Td ( financial measures and our GAAP) Tj ET Q q 0 0 0 rg BT 233.54 512.25 Td ( consolidated financial statements in Item8, ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 376.61 512.25 Td (Financial Statements and Supplementary Data) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 526.36 512.25 Td (, are our ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 502.60 Td (Financial Services operations and adjustments required to eliminate certain intercompany transactions between Manufacturing operations and Financial ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 493.00 Td (Services operations. Our Financial Services operations cash flows are presented consistent with their treatment in our ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 444.95 493.00 Td (Consolidated Statements of Cash ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 483.45 Td (Flows) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 87.06 483.45 Td ( and may not be consistent with how they would be treated on a stand-alone basis. ) Tj ET Q q 0 0 0 rg BT 351.52 483.45 Td (W) Tj ET Q q 0 0 0 rg BT 358.43 483.45 Td (e have chosen to provide this supplemental information to ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 473.80 Td (allow additional analysis, to illustrate the respective cash flows giving ef) Tj ET Q q 0 0 0 rg BT 299.96 473.80 Td (fect to the equity basis cash flow shown above, and to provide an additional ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 464.20 Td (measure of performance and liquidity) Tj ET Q q 0 0 0 rg BT 187.38 464.20 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 446.20 Td (Manufacturing Operations) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 428.20 Td (Manufacturing Operations Cash Flow fr) Tj ET Q q 0 0 0 rg BT 211.91 428.20 Td (om Operating ) Tj ET Q q 0 0 0 rg BT 270.06 428.20 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 410.20 Td (Cash provided by operating activities was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.46 410.20 Td ($395 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.85 410.20 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.85 410.20 Td ($417 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.24 410.20 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.68 410.20 Td ($10 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.07 410.20 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.85 410.20 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.85 410.20 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.85 410.20 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.85 410.20 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.29 410.20 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.29 410.20 Td (, respectively) Tj ET Q q 0 0 0 rg BT 542.95 410.20 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 398.20 Td (The lower amount of cash generation from operating activities in 2019 compared to 2018 was primarily attributable to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 386.20 Td (decreases in accounts payable and other noncurrent liabilities and a higher increase in other current assets partially of) Tj ET Q q 0 0 0 rg BT 518.30 386.20 Td (fset by a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 374.20 Td (decrease in inventories, higher collections of accounts receivable, a decrease in intercompany receivables from Financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 362.20 Td (Services and a dividend received from Financial Services. ) Tj ET Q q 0 0 0 rg BT 283.96 362.20 Td (The higher amount of cash generation from operating activities in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 350.20 Td (2018 compared to 2017 was primarily attributable to higher net income, lower increases in accounts receivable, other current ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 338.20 Td (and noncurrent assets, and net payables with our Financial Services operations, increases in accounts payable and other current ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 326.20 Td (and noncurrent liabilities, partially of) Tj ET Q q 0 0 0 rg BT 198.44 326.20 Td (fset by higher inventories.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 308.20 Td (Cash paid for interest, net of amounts capitalized, was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.60 308.20 Td ($196 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.99 308.20 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.99 308.20 Td ($226 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.38 308.20 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.32 308.20 Td ($223 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.71 308.20 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.49 308.20 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.49 308.20 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.49 308.20 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.49 308.20 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.43 308.20 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.43 308.20 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 296.20 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 296.20 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 278.20 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 278.20 Td (e paid ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.79 278.20 Td ($203 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.18 278.20 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.18 278.20 Td ($186 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.58 278.20 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.51 278.20 Td ($193 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.91 278.20 Td ( for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.57 278.20 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.57 278.20 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.57 278.20 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.57 278.20 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.50 278.20 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.50 278.20 Td ( respectively) Tj ET Q q 0 0 0 rg BT 419.67 278.20 Td (, for costs associated with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 266.20 Td (postretirement benefits including pension and postretirement health care expenses for employees and surviving spouses and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 254.20 Td (dependents, the funding of trust assets, and other postretirement payments. ) Tj ET Q q 0 0 0 rg BT 350.64 254.20 Td (These postretirement benefits did not include any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 242.20 Td (cash payments made from trust assets to beneficiaries.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 224.20 Td (Manufacturing Operations Cash Flow fr) Tj ET Q q 0 0 0 rg BT 211.91 224.20 Td (om Investing ) Tj ET Q q 0 0 0 rg BT 265.61 224.20 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 206.20 Td (Cash provided by investing activities was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.36 206.20 Td ($70 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.75 206.20 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.19 206.20 Td ($66 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.58 206.20 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.36 206.20 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.36 206.20 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.80 206.20 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.80 206.20 Td (, respectively) Tj ET Q q 0 0 0 rg BT 455.46 206.20 Td (, as compared to cash used ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 194.20 Td (in investing activities of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.37 194.20 Td ($487 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.76 194.20 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.54 194.20 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.54 194.20 Td (. ) Tj ET Q q 0 0 0 rg BT 237.36 194.20 Td (The net increase in cash flow from investing activities in 2019 compared to 2018 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 182.20 Td (was primarily attributable to decreases in the purchase of marketable securities and equipment leased to others, higher ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 170.20 Td (maturities of marketable securities and proceeds from the sale of a majority interest in Navistar Defense and the sale of our joint ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 158.20 Td (venture in China with JAC partially of) Tj ET Q q 0 0 0 rg BT 203.18 158.20 Td (fset by an increase in capital expenditures and lower net liquidations of marketable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 146.20 Td (securities. ) Tj ET Q q 0 0 0 rg BT 92.08 146.20 Td (The net increase in cash flow from investing activities in 2018 compared to 2017 was primarily attributable to lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 134.20 Td (purchases and higher maturities of marketable securities partially of) Tj ET Q q 0 0 0 rg BT 320.89 134.20 Td (fset by a decrease in the sale of marketable securities, an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 122.20 Td (increase in capital expenditures, higher purchases of equipment leased to others, and lower proceeds from sales of property and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 110.20 Td (equipment. During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.54 110.20 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.54 110.20 Td (, sales of marketable securities totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.21 110.20 Td (zero) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.41 110.20 Td ( and maturities of marketable securities totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.07 110.20 Td ($102 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 98.20 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 98.20 Td (, compared with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.59 98.20 Td ($460 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.99 98.20 Td ( of sales and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.19 98.20 Td ($60 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.58 98.20 Td ( of maturities of marketable securities and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.36 98.20 Td ($652 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.75 98.20 Td ( of sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 86.20 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.44 86.20 Td ($28 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.83 86.20 Td ( of maturities of marketable securities during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.27 86.20 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.27 86.20 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.71 86.20 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.71 86.20 Td (, respectively) Tj ET Q q 0 0 0 rg BT 407.37 86.20 Td (. ) Tj ET Q endstream endobj 77 0 obj <> endobj 78 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (38) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 740.10 Td (Manufacturing Operations Cash Flow fr) Tj ET Q q 0 0 0 rg BT 211.91 740.10 Td (om Financing ) Tj ET Q q 0 0 0 rg BT 270.06 740.10 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 722.10 Td (Cash used in financing activities was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.02 722.10 Td ($373 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.41 722.10 Td (, as compared to cash provided by financing activities of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.95 722.10 Td ($137 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.35 722.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 710.10 Td ($389 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.89 710.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.67 710.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.67 710.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.67 710.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.67 710.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.11 710.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.11 710.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 250.77 710.10 Td (. ) Tj ET Q q 0 0 0 rg BT 255.59 710.10 Td (The net decrease in cash flow from financing activities in 2019 compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 698.10 Td (2018 was primarily attributable to the maturity and repayment of our 4.75% Senior Subordinated Convertible Notes in ) Tj ET Q q 0 0 0 rg BT 525.51 698.10 Td (April ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 686.10 Td (2019, lower proceeds from the issuance of long-term debt, lower proceeds from loans made from Financial Services operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 674.10 Td (to Manufacturing operations and lower proceeds from finance lease obligations, partially of) Tj ET Q q 0 0 0 rg BT 415.86 674.10 Td (fset by lower payments on long-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 662.10 Td (term debt and a decrease in the amount of debt issuance costs. ) Tj ET Q q 0 0 0 rg BT 300.07 662.10 Td (The net decrease in cash flow from financing activities in 2018 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 650.10 Td (compared to 2017 was primarily attributable to higher principal repayments of long-term debt, a decrease in the amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 638.10 Td (proceeds received from the issuance of common stock and higher debt issuance costs, partially of) Tj ET Q q 0 0 0 rg BT 438.91 638.10 Td (fset by higher proceeds from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 626.10 Td (the issuance of long-term debt, a decrease in the amount of stock issuance costs and funding under the Intercompany Loan.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 608.10 Td (Financial Services Operations ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 590.10 Td (Financial Services Operations and ) Tj ET Q q 0 0 0 rg BT 191.52 590.10 Td (Adjustments to Cash Flow fr) Tj ET Q q 0 0 0 rg BT 305.60 590.10 Td (om Operating ) Tj ET Q q 0 0 0 rg BT 363.75 590.10 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 572.10 Td (Cash provided by operating activities was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.46 572.10 Td ($55 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.85 572.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.63 572.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.63 572.10 Td (, compared to cash used in operating activities of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.90 572.10 Td ($150 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.29 572.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 560.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 560.10 Td (, and compared to cash provided by operating activities of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.15 560.10 Td ($99 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.54 560.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.32 560.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.32 560.10 Td (. ) Tj ET Q q 0 0 0 rg BT 388.14 560.10 Td (The net increase in cash provided by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 548.10 Td (operating activities in 2019 was primarily due to the increase in segment profit realized from an improved funding strategy) Tj ET Q q 0 0 0 rg BT 540.37 548.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 536.10 Td (partially of) Tj ET Q q 0 0 0 rg BT 93.47 536.10 Td (fset by a reduction in intercompany finance fees. ) Tj ET Q q 0 0 0 rg BT 290.71 536.10 Td (The increase in segment profit was partially of) Tj ET Q q 0 0 0 rg BT 476.85 536.10 Td (fset by an increase in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 524.10 Td (the balance of finance receivables funded, a dividend paid to the Manufacturing operations, and the repayment of intercompany ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 512.10 Td (payables to the Manufacturing operations. ) Tj ET Q q 0 0 0 rg BT 220.38 512.10 Td (The net decrease in cash provided by operating activities in 2018 compared to 2017 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 500.10 Td (was primarily due to the increase in the balance of finance receivables funded. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 482.10 Td (Cash paid for interest, net of amounts capitalized, was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.60 482.10 Td ($91 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.99 482.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.99 482.10 Td ($80 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.38 482.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.32 482.10 Td ($71 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.71 482.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.49 482.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.49 482.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.49 482.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.49 482.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.43 482.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.43 482.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 470.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 470.10 Td (. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 452.10 Td (Financial Services Operations and ) Tj ET Q q 0 0 0 rg BT 191.52 452.10 Td (Adjustments to Cash Flow fr) Tj ET Q q 0 0 0 rg BT 305.60 452.10 Td (om Investing ) Tj ET Q q 0 0 0 rg BT 359.29 452.10 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 434.10 Td (Cash used in investing activities was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.92 434.10 Td ($138 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.32 434.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.32 434.10 Td ($132 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.71 434.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.15 434.10 Td ($33 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.54 434.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.32 434.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.32 434.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.32 434.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.32 434.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.25 434.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.25 434.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 524.92 434.10 Td (. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.75 434.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.75 434.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 422.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.44 422.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.44 422.10 Td (, the increases in cash used in investing activities was primarily due to the increase in purchases of equipment leased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 410.10 Td (to others, partially of) Tj ET Q q 0 0 0 rg BT 133.19 410.10 Td (fset by an increase in proceeds from the sale of leased equipment in 2019. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 392.10 Td (Financial Services Operations and ) Tj ET Q q 0 0 0 rg BT 191.52 392.10 Td (Adjustments to Cash Flow fr) Tj ET Q q 0 0 0 rg BT 305.60 392.10 Td (om Financing ) Tj ET Q q 0 0 0 rg BT 363.74 392.10 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 374.10 Td (Cash provided by financing activities was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.46 374.10 Td ($1) Tj ET Q q 0 0 0 rg BT 229.09 374.10 Td (15 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.48 374.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.92 374.10 Td ($277 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.31 374.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.09 374.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.09 374.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.53 374.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.53 374.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 466.19 374.10 Td (, compared to cash used ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 362.10 Td (in financing activities of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.47 362.10 Td ($51 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.86 362.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.64 362.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.64 362.10 Td (. ) Tj ET Q q 0 0 0 rg BT 233.46 362.10 Td (The decrease in cash provided by financing activities in 2019 was primarily due ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 350.10 Td (to a lower increase in borrowing levels used to fund finance receivables and purchases of equipment leased to others, and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 338.10 Td (repayment of intercompany payables to our Manufacturing operations. ) Tj ET Q q 0 0 0 rg BT 334.50 338.10 Td (The net increase in cash provided by financing activities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 326.10 Td (in 2018 was primarily due to higher borrowing levels used to fund the increase in finance receivables and purchases of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 314.10 Td (equipment leased to others, partially of) Tj ET Q q 0 0 0 rg BT 205.38 314.10 Td (fset by repayments of debt from an increase in intercompany payables to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 302.10 Td (Manufacturing operations. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 278.10 Td (Debt ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 257.10 Td (Funding of Financial Services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 239.10 Td (The Financial Services segment has traditionally relied upon secured borrowings on finance receivables, short and long-term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 227.10 Td (bank borrowings, medium and long-term debt, and commercial paper in Mexico to fund dealer and retail customer financing. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 215.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.94 215.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.65 215.10 Td (, our funding consisted of asset-backed securitization debt of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.13 215.10 Td ($991 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.53 215.10 Td (, bank borrowings and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.10 Td (revolving credit facilities of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.35 203.10 Td ($1,059 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.24 203.10 Td (, commercial paper of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.47 203.10 Td ($84 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.87 203.10 Td (, and borrowings of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.69 203.10 Td ($122 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.08 203.10 Td ( secured by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.10 Td (operating and finance leases. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 173.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 173.10 Td (e use a number of SPEs to securitize and sell receivables. Navistar Financial Securities Corporation \("NFSC"\) finances ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 161.10 Td (wholesale notes, International ) Tj ET Q q 0 0 0 rg BT 171.50 161.10 Td (T) Tj ET Q q 0 0 0 rg BT 177.26 161.10 Td (ruck Leasing Corporation \("ITLC"\) finances operating leases and some finance leases, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 149.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.26 149.10 Td (ruck Retail ) Tj ET Q q 0 0 0 rg BT 101.36 149.10 Td (Accounts Corporation \("TRAC"\) finances retail accounts.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 131.10 Td (Our Mexican financial services operations include Navistar Financial, S.A. de C.V) Tj ET Q q 0 0 0 rg BT 379.23 131.10 Td (., Sociedad Financiera de Objeto Multiple, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 119.10 Td (Entidad Regulada \("NFM"\), which issues debt to provide vehicle financing to our dealers and retail customers in Mexico. ) Tj ET Q endstream endobj 79 0 obj <> endobj 80 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 740.10 Td (The following table sets forth the utilization under our bank credit and revolving funding facilities in place as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.20 740.10 Td (October 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 728.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 728.10 Td (: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 689.6 m 100.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 104.5 689.6 m 258.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262.5 689.6 m 303.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 689.6 m 457.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 689.6 m 501.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 689.6 m 561.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 104.5 689.6 m 258.5 689.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 57.80 693.83 Td (Company) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 152.35 693.83 Td (Instrument ) Tj ET Q q 0 0 0 rg BT 192.95 693.83 Td (T) Tj ET Q q 0 0 0 rg BT 197.91 693.83 Td (ype) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 272.25 701.83 Td (T) Tj ET Q q 0 0 0 rg BT 277.22 701.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 265.20 693.83 Td () Tj ET Q q 0 0 0 rg BT 268.98 693.83 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 348.20 693.83 Td (Purpose of Funding) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 465.45 701.83 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.15 693.83 Td (Utilized) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.90 701.83 Td (Matur) Tj ET Q q 0 0 0 rg BT 535.97 701.83 Td (esor) Tj ET Q q 0 0 0 rg BT 552.04 701.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.95 693.83 Td (Expir) Tj ET Q q 0 0 0 rg BT 539.36 693.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 678.83 Td (\(in millions\)) Tj ET Q BT /F1 4.00 Tf ET q 0 0 0 rg BT 107.00 677.98 Td () Tj ET Q BT /F1 4.00 Tf ET q 0 0 0 rg BT 310.00 677.98 Td () Tj ET Q BT /F1 4.00 Tf ET q 0 0 0 rg BT 508.00 677.98 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 664.27 Td (NFSC) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.50 664.17 Td (.......) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.00 664.27 Td (Wholesale note trust) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.00 664.17 Td (..........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.00 664.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 284.65 664.28 Td (950) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.00 664.27 Td (Eligible wholesale notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.00 664.17 Td (..................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 464.00 664.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.65 664.28 Td (825) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.30 664.27 Td (2020-2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 639.27 Td (NFC) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 639.17 Td (..........) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.00 639.27 Td (Credit agreement) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 176.14 643.80 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.50 639.17 Td (...........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 284.65 639.28 Td (748) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.00 649.27 Td (Finance receivables and general) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.00 639.27 Td (corporate purposes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.50 639.17 Td (...........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.65 639.28 Td (623) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.00 639.27 Td (2024) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 614.27 Td (NFM) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.50 614.17 Td (.........) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.00 614.27 Td (Bank lines) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.00 614.17 Td (..........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 284.65 614.28 Td (618) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.00 624.27 Td (Finance receivables and general) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.00 614.27 Td (corporate purposes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.50 614.17 Td (...........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.65 614.28 Td (437) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.30 614.27 Td (2020-2025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 599.27 Td (TRAC) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.50 599.17 Td (.......) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.00 599.27 Td (Revolving retail accounts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.00 599.17 Td (..................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 284.65 599.28 Td (200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.00 599.27 Td (Eligible retail accounts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 599.17 Td (....................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.65 599.28 Td (157) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.00 599.27 Td (2020) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 585.50 Td (______________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 48.50 575.90 Td (\(A\) ) Tj ET Q q 0 0 0 rg BT 67.50 575.90 Td (NFM can borrow up to $100 million, if not used by NFC. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.90 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 557.90 Td (e are obligated under certain agreements with public and private lenders of NFC to maintain the subsidiary's income before ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.90 Td (interest expense, capital contributions from NI, and income taxes at not less than 125% of its total interest expense. Under these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.90 Td (agreements, if NFC's consolidated income before interest expense, capital contributions from NI, and income taxes is less than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.90 Td (125% of its interest expense, NI must make a capital contribution to NFC to achieve the required ratio. No such payments were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.90 Td (required for the years ended October31, 2019, 2018, and 2017.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 488.90 Td (Derivative Instruments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 470.90 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 470.90 Td (e use derivative financial instruments as part of our overall interest rate, foreign currency) Tj ET Q q 0 0 0 rg BT 413.46 470.90 Td (, and commodity risk management ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 458.90 Td (strategies to reduce our interest rate exposure, to potentially increase the return on invested funds, to reduce exchange rate risk ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 446.90 Td (for transactional exposures denominated in currencies other than the functional currency) Tj ET Q q 0 0 0 rg BT 402.60 446.90 Td (, and to minimize commodity price ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 434.90 Td (volatility) Tj ET Q q 0 0 0 rg BT 84.96 434.90 Td (. ) Tj ET Q q 0 0 0 rg BT 89.78 434.90 Td (The fair values of these derivatives are recorded as assets or liabilities on a gross basis in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 463.55 434.90 Td (Consolidated Balance ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 422.90 Td (Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.05 422.90 Td (. For more information on derivatives and related market risks, see Item7A, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 382.18 422.90 Td (Quantitative and Qualitative Disclosur) Tj ET Q q 0 0 0 rg BT 538.18 422.90 Td (es ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 410.90 Td (about Market Risk.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 389.90 Td (Capital Resources ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.90 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 371.90 Td (e expend capital to support our operating and strategic plans. Such expenditures include investments to meet regulatory and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.90 Td (emissions requirements, maintain capital assets, develop new products or improve existing products, and to enhance capacity or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.90 Td (productivity) Tj ET Q q 0 0 0 rg BT 97.73 347.90 Td (. Many of the associated projects have long lead-times and require commitments in advance of actual spending. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 329.90 Td (Business units provide their estimates of costs of capital projects, expected returns, and benefits to senior management. ) Tj ET Q q 0 0 0 rg BT 528.08 329.90 Td (Those ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 317.90 Td (projects are evaluated from the perspective of expected return and strategic importance, with a capital expenditure goal of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.90 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.76 305.90 Td ($225 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.15 305.90 Td ( in 2020, exclusive of capital expenditures for equipment leased to others. See Note 10, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 512.72 305.90 Td (Debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.16 305.90 Td (, to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 293.90 Td (accompanying consolidated financial statements. ) Tj ET Q endstream endobj 81 0 obj <> endobj 82 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (40) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 722.10 Td (Non-GAAP) Tj ET Q q 0 0 0 rg BT 98.39 722.10 Td ( Financial Performance Measur) Tj ET Q q 0 0 0 rg BT 234.01 722.10 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 704.10 Td (EBITDA, ) Tj ET Q q 0 0 0 rg BT 90.61 704.10 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 165.33 704.10 Td ( and ) Tj ET Q q 0 0 0 rg BT 184.21 704.10 Td (Adjusted Net Income, which exclude certain identified items that we do not consider to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 692.10 Td (part of our ongoing business, are not in accordance with, and should not be viewed as an alternative to, GAAP) Tj ET Q q 0 0 0 rg BT 489.94 692.10 Td (. ) Tj ET Q q 0 0 0 rg BT 494.76 692.10 Td (This non-GAAP) Tj ET Q q 0 0 0 rg BT 560.23 692.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 680.10 Td (financial information should be considered supplemental to, and not as a substitute for) Tj ET Q q 0 0 0 rg BT 394.29 680.10 Td (, or superior to, financial measures ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 668.10 Td (calculated in accordance with GAAP) Tj ET Q q 0 0 0 rg BT 196.66 668.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 650.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 650.10 Td (e believe these non-GAAP) Tj ET Q q 0 0 0 rg BT 164.68 650.10 Td ( measures provide meaningful information about the performance of our business and therefore we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 638.10 Td (use them to supplement our GAAP) Tj ET Q q 0 0 0 rg BT 189.39 638.10 Td ( reporting. ) Tj ET Q q 0 0 0 rg BT 233.37 638.10 Td (W) Tj ET Q q 0 0 0 rg BT 242.00 638.10 Td (e believe that they improve the comparability of year) Tj ET Q q 0 0 0 rg BT 453.94 638.10 Td (-to-year results and are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 626.10 Td (representative of our underlying performance. Management uses this information to assess and measure the performance of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 614.10 Td (operating segments. ) Tj ET Q q 0 0 0 rg BT 131.80 614.10 Td (W) Tj ET Q q 0 0 0 rg BT 140.44 614.10 Td (e have chosen to provide this supplemental information for an additional analysis of our operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 602.10 Td (results, to illustrate the results of operations giving ef) Tj ET Q q 0 0 0 rg BT 262.33 602.10 Td (fect to the non-GAAP) Tj ET Q q 0 0 0 rg BT 350.00 602.10 Td ( adjustments shown in the below reconciliations, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 590.10 Td (to provide additional measures of performance.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 572.10 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 86.18 572.10 Td ( reconciliation:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 548.6 m 470 548.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470 548.6 m 474 548.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 548.6 m 516 548.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516 548.6 m 520 548.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 548.6 m 562 548.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 535.6 m 470 535.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 535.6 m 516 535.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 535.6 m 562 535.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 535.6 m 470 535.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 535.6 m 516 535.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 535.6 m 562 535.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 445.6 m 470 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 445.6 m 516 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 445.6 m 562 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 445.6 m 470 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 431.6 m 470 431.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 429.6 m 470 429.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 445.6 m 516 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 431.6 m 516 431.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 429.6 m 516 429.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 445.6 m 562 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 431.6 m 562 431.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 429.6 m 562 429.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 438.55 552.83 Td (For) Tj ET Q q 0 0 0 rg BT 450.92 552.83 Td ( the ) Tj ET Q q 0 0 0 rg BT 465.36 552.83 Td (Y) Tj ET Q q 0 0 0 rg BT 470.54 552.83 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 538.47 552.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 539.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.50 539.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 486.50 539.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.50 539.83 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 525.27 Td (Income from continuing operations attributable to NIC, net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.00 525.17 Td (...........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.50 525.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.15 525.28 Td (221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.50 525.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 525.27 Td (340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.50 525.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 525.27 Td (29) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 52.50 510.31 Td (Plus:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 495.27 Td (Depreciation and amortization expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.00 495.17 Td (...............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.15 495.28 Td (193) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 495.27 Td (21) Tj ET Q q 0 0 0 rg BT 507.15 495.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 495.27 Td (223) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 480.27 Td (Manufacturing interest expense) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 196.56 484.80 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.00 480.17 Td (.......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.15 480.28 Td (207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 480.27 Td (235) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 480.27 Td (265) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 52.50 465.31 Td (Adjusted for:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 450.27 Td (Income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.00 450.17 Td (.............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.80 450.33 Td (\(19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 466.15 450.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.80 450.32 Td (\(52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.15 450.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.80 450.32 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 450.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 435.27 Td (EBITDA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.50 435.17 Td (......................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.50 435.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.15 435.28 Td (640) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.50 435.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 435.27 Td (838) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.50 435.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 435.27 Td (527) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 421.50 Td (______________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 411.90 Td (\(A\) ) Tj ET Q q 0 0 0 rg BT 67.50 411.90 Td (Manufacturing interest expense is the net interest expense primarily generated for borrowings that support the manufacturing and corporate operations, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 402.30 Td (adjusted to eliminate intercompany interest expense with our Financial Services segment. ) Tj ET Q q 0 0 0 rg BT 355.72 402.30 Td (The following table reconciles Manufacturing interest expense ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 392.70 Td (to the consolidated interest expense.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 369.2 m 469.5 369.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 369.2 m 473.5 369.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 369.2 m 515.5 369.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 369.2 m 519.5 369.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 519.5 369.2 m 561.5 369.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 356.2 m 469.5 356.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 356.2 m 515.5 356.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 519.5 356.2 m 561.5 356.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 519.5 356.2 m 561.5 356.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 330.2 m 469.5 330.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 318.2 m 469.5 318.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 316.2 m 469.5 316.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 330.2 m 515.5 330.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 318.2 m 515.5 318.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 316.2 m 515.5 316.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 519.5 330.2 m 561.5 330.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 519.5 318.2 m 561.5 318.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 519.5 316.2 m 561.5 316.2 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 438.05 373.43 Td (For) Tj ET Q q 0 0 0 rg BT 450.42 373.43 Td ( the ) Tj ET Q q 0 0 0 rg BT 464.86 373.43 Td (Y) Tj ET Q q 0 0 0 rg BT 470.04 373.43 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 537.97 373.43 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 360.43 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.00 360.43 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 486.00 360.43 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.00 360.43 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 346.77 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.00 346.77 Td (..........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.00 346.93 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.65 346.93 Td (312) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.00 346.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.65 346.77 Td (327) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.00 346.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 346.77 Td (351) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 333.77 Td (Less: Financial Services interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.00 333.77 Td (..................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.65 333.93 Td (105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.65 333.77 Td (92) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 333.77 Td (86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 320.77 Td (Manufacturing interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.00 320.77 Td (..................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.00 320.93 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.65 320.93 Td (207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.00 320.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.65 320.77 Td (235) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.00 320.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 320.77 Td (265) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 299.70 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 124.80 299.70 Td ( Reconciliation:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 276.20000000000005 m 470 276.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470 276.20000000000005 m 474 276.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 276.20000000000005 m 516 276.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516 276.20000000000005 m 520 276.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 276.20000000000005 m 562 276.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 263.20000000000005 m 470 263.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 263.20000000000005 m 516 263.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 263.20000000000005 m 562 263.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 248.20000000000005 m 470 248.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 248.20000000000005 m 516 248.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 248.20000000000005 m 562 248.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 113.20000000000005 m 470 113.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 113.20000000000005 m 516 113.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 113.20000000000005 m 562 113.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 98.20000000000005 m 470 98.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 98.20000000000005 m 516 98.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 98.20000000000005 m 562 98.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 84.20000000000005 m 470 84.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 82.20000000000005 m 470 82.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 84.20000000000005 m 516 84.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 82.20000000000005 m 516 82.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 84.20000000000005 m 562 84.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 82.20000000000005 m 562 82.20000000000005 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 438.55 280.43 Td (For) Tj ET Q q 0 0 0 rg BT 450.92 280.43 Td ( the ) Tj ET Q q 0 0 0 rg BT 465.36 280.43 Td (Y) Tj ET Q q 0 0 0 rg BT 470.54 280.43 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 538.47 280.43 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 267.43 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.50 267.43 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 486.50 267.43 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.50 267.43 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 253.93 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 90.29 253.93 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 92.79 253.93 Td (\(reconciled above\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.50 253.77 Td (......................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.50 252.88 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.15 252.88 Td (640) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.50 252.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 252.87 Td (838) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.50 252.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 252.87 Td (527) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 52.50 238.76 Td (Adjusted for significant items of:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 222.87 Td (Adjustments to pre-existing warranties) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 219.74 227.40 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.50 222.77 Td (..............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.15 222.88 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.80 222.92 Td (\(9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.15 222.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 222.92 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 222.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 207.87 Td (Asset impairment char) Tj ET Q q 0 0 0 rg BT 154.85 207.87 Td (ges) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 168.18 212.40 Td (\(B\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.00 207.77 Td (...................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.15 207.88 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 207.87 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 207.87 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 192.87 Td (Restructuring of manufacturing operations) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 234.73 197.40 Td (\(C\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.50 192.77 Td (........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.15 192.88 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.80 192.92 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.15 192.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 192.87 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 177.87 Td (MaxxForce ) Tj ET Q q 0 0 0 rg BT 112.55 177.87 Td (Advanced EGR engine lawsuits) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 240.02 182.40 Td (\(D\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.50 177.77 Td (......................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.15 177.88 Td (129) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.15 177.87 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 177.87 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 162.87 Td (Gain on sale) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 114.49 167.40 Td (\(E\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.50 162.77 Td (........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.80 162.93 Td (\(56) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 466.15 162.88 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 162.87 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 162.92 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 162.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 147.87 Td (Debt refinancing char) Tj ET Q q 0 0 0 rg BT 151.50 147.87 Td (ges) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 164.83 152.40 Td (\(F\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.50 147.77 Td (....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.15 147.88 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 147.87 Td (46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 147.87 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 132.87 Td (Pension settlement) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 139.77 137.40 Td (\(G\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.50 132.77 Td (..............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.15 132.88 Td (142) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.15 132.87 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 132.87 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 117.87 Td (Settlement gain) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 126.99 122.40 Td (\(H\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.00 117.77 Td (...................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.80 117.93 Td (\(3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 466.15 117.88 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.80 117.92 Td (\(72) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.15 117.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 117.87 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 102.87 Td (T) Tj ET Q q 0 0 0 rg BT 57.91 102.87 Td (otal adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.50 102.77 Td (........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.15 102.88 Td (242) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.80 102.92 Td (\(12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.15 102.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 102.87 Td (55) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 88.93 Td (Adjusted EBITDA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.00 88.77 Td (.....................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.50 87.88 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.15 87.88 Td (882) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.50 87.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 87.87 Td (826) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.50 87.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 87.87 Td (582) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 83 0 obj <> endobj 84 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (41) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 731.25 Td (Adjusted Net Income attributable to NIC:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 705.75 m 471 705.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471 705.75 m 475 705.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 705.75 m 517 705.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 705.75 m 521 705.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 705.75 m 563 705.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 705.75 m 471 705.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 690.75 m 471 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471 705.75 m 475 705.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 705.75 m 517 705.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 690.75 m 517 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 705.75 m 521 705.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 705.75 m 563 705.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 690.75 m 563 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 675.75 m 471 675.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 675.75 m 517 675.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 675.75 m 563 675.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 540.75 m 471 540.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 540.75 m 517 540.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 540.75 m 563 540.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 510.75 m 471 510.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 510.75 m 517 510.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 510.75 m 563 510.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 510.75 m 471 510.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 496.75 m 471 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 494.75 m 471 494.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 510.75 m 517 510.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 496.75 m 517 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 494.75 m 517 494.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 510.75 m 563 510.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 496.75 m 563 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 494.75 m 563 494.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.55 709.98 Td (For) Tj ET Q q 0 0 0 rg BT 451.92 709.98 Td ( the ) Tj ET Q q 0 0 0 rg BT 466.36 709.98 Td (Y) Tj ET Q q 0 0 0 rg BT 471.54 709.98 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 539.47 709.98 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 694.98 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.50 694.98 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 487.50 694.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.50 694.98 Td (2017) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 52.50 681.48 Td (Net income from continuing operations attributable to NIC) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.00 681.32 Td (...................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.50 680.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.15 680.43 Td (221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.50 680.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 680.42 Td (340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.50 680.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 680.42 Td (29) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 52.50 666.31 Td (Adjusted for significant items of:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 650.42 Td (Adjustments to pre-existing warranties) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 219.74 654.95 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.50 650.32 Td (..............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.15 650.43 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.80 650.47 Td (\(9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.15 650.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 650.47 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 650.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 635.42 Td (Asset impairment char) Tj ET Q q 0 0 0 rg BT 154.85 635.42 Td (ges) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 168.18 639.95 Td (\(B\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.00 635.32 Td (...................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.15 635.43 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.15 635.42 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 635.42 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 620.42 Td (Restructuring of manufacturing operations) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 234.73 624.95 Td (\(C\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.50 620.32 Td (........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.15 620.43 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.80 620.47 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.15 620.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 620.42 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 605.42 Td (MaxxForce ) Tj ET Q q 0 0 0 rg BT 112.55 605.42 Td (Advanced EGR engine lawsuits) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 240.02 609.95 Td (\(D\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.50 605.32 Td (......................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.15 605.43 Td (129) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 605.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 605.42 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 590.42 Td (Gain on sale) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 114.49 594.95 Td (\(E\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.00 590.32 Td (.........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.80 590.48 Td (\(56) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.15 590.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.15 590.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 590.47 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 590.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 575.42 Td (Debt refinancing char) Tj ET Q q 0 0 0 rg BT 151.50 575.42 Td (ges) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 164.83 579.95 Td (\(F\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.00 575.32 Td (.....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.15 575.43 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.15 575.42 Td (46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 575.42 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 560.42 Td (Pension settlement) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 139.77 564.95 Td (\(G\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.50 560.32 Td (..............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.15 560.43 Td (142) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 560.42 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 560.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 545.42 Td (Settlement gain) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 126.99 549.95 Td (\(H\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.00 545.32 Td (...................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.80 545.48 Td (\(3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.15 545.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.80 545.47 Td (\(72) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.15 545.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 545.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 530.42 Td (T) Tj ET Q q 0 0 0 rg BT 57.91 530.42 Td (otal adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 530.32 Td (........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.15 530.43 Td (242) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.80 530.47 Td (\(12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.15 530.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 530.42 Td (55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 515.42 Td (T) Tj ET Q q 0 0 0 rg BT 57.91 515.42 Td (ax ef) Tj ET Q q 0 0 0 rg BT 77.44 515.42 Td (fect) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 92.42 519.95 Td ( \(I\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.00 515.32 Td (.................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.80 515.48 Td (\(40) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.15 515.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.80 515.47 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.15 515.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 515.42 Td (10) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 500.43 Td (Adjusted net income attributable to NIC) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.00 500.32 Td (...............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.50 500.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.15 500.43 Td (423) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.50 500.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 500.42 Td (327) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.50 500.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 500.42 Td (94) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 486.65 Td (____________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 471.05 Td (\(A\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 471.05 Td (Adjustments to pre-existing warranties reflect changes in our estimate of warranty costs for products sold in prior periods. Such adjustments typically ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 461.45 Td (occur when claims experience deviates from historical and expected trends. Our warranty liability is generally af) Tj ET Q q 0 0 0 rg BT 428.10 461.45 Td (fected by component failure rates, repair ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 451.85 Td (costs, and the timing of failures.Future events and circumstances related to these factors could materially change our estimates and require adjustments to ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 442.25 Td (our liability) Tj ET Q q 0 0 0 rg BT 104.53 442.25 Td (.In addition, new product launches require a greater use of judgment in developing estimates until historical experience becomes available. ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 432.65 Td (\(B\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 432.65 Td (During 2019, we recorded ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 153.47 432.65 Td ($7 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 186.59 432.65 Td ( of asset impairment char) Tj ET Q q 0 0 0 rg BT 267.30 432.65 Td (ges relating to certain assets under operating leases in our ) Tj ET Q q 0 0 0 rg BT 453.32 432.65 Td (T) Tj ET Q q 0 0 0 rg BT 457.92 432.65 Td (ruck segment. During 2018, we ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 423.05 Td (recorded ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 97.48 423.05 Td ($14 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 134.59 423.05 Td ( of impairment char) Tj ET Q q 0 0 0 rg BT 197.76 423.05 Td (ges related to the exit of our railcar business in Cherokee, ) Tj ET Q q 0 0 0 rg BT 383.48 423.05 Td (Alabama, certain long-lived assets and certain assets ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 413.45 Td (under operating leases in our ) Tj ET Q q 0 0 0 rg BT 161.77 413.45 Td (T) Tj ET Q q 0 0 0 rg BT 166.38 413.45 Td (ruck and Financial Services segments. During 2017, we recorded $13 million of asset impairment char) Tj ET Q q 0 0 0 rg BT 494.59 413.45 Td (ges in our ) Tj ET Q q 0 0 0 rg BT 527.99 413.45 Td (T) Tj ET Q q 0 0 0 rg BT 532.60 413.45 Td (ruck ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 403.85 Td (segment relating to assets held for sale of our Conway) Tj ET Q q 0 0 0 rg BT 240.49 403.85 Td (, ) Tj ET Q q 0 0 0 rg BT 244.05 403.85 Td (Arkansas fabrication business and for certain assets under operating leases. ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 394.25 Td (\(C\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 394.25 Td (During 2019, we recorded char) Tj ET Q q 0 0 0 rg BT 167.09 394.25 Td (ges of $14 million primarily related to cost reduction actions recorded in ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 401.25 394.25 Td (Costs of pr) Tj ET Q q 0 0 0 rg BT 436.07 394.25 Td (oduct sold) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 469.18 394.25 Td ( and ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 484.73 394.25 Td (Restructuring char) Tj ET Q q 0 0 0 rg BT 545.10 394.25 Td (ges) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 555.76 394.25 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 384.65 Td (in our) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 86.39 384.65 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 88.39 384.65 Td (Global Operations segment) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 175.92 384.65 Td (. ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 179.92 384.65 Td (During 2018, we recognized a benefit of $1 million related to adjustments for restructuring char) Tj ET Q q 0 0 0 rg BT 486.57 384.65 Td (ges in our ) Tj ET Q q 0 0 0 rg BT 519.98 384.65 Td (T) Tj ET Q q 0 0 0 rg BT 524.58 384.65 Td (ruck, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 375.05 Td (Global Operations and Corporate segments. During 2017, we recorded char) Tj ET Q q 0 0 0 rg BT 309.28 375.05 Td (ges of $13 million primarily attributable to $41 million of char) Tj ET Q q 0 0 0 rg BT 509.54 375.05 Td (ges related to ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 365.45 Td (our plan to cease production at our Melrose Park Facility) Tj ET Q q 0 0 0 rg BT 249.38 365.45 Td (, a net benefit of $36 million related to the resolution of the closing agreement and wind up ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 355.85 Td (char) Tj ET Q q 0 0 0 rg BT 81.12 355.85 Td (ges for our Chatham, Ontario plant, and the release of $1 million in other postretirement benefit liabilities in connection with the sale of our ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 346.25 Td (fabrication business in Conway) Tj ET Q q 0 0 0 rg BT 167.63 346.25 Td (, ) Tj ET Q q 0 0 0 rg BT 171.19 346.25 Td (Arkansas. ) Tj ET Q q 0 0 0 rg BT 204.81 346.25 Td (W) Tj ET Q q 0 0 0 rg BT 211.72 346.25 Td (e also recorded $6 million of restructuring char) Tj ET Q q 0 0 0 rg BT 362.41 346.25 Td (ges in Brazil related to cost reduction actions consisting of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 336.65 Td (personnel costs for employee separation and related benefits.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 327.05 Td (\(D\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 327.05 Td (During 2019, we recognized a net char) Tj ET Q q 0 0 0 rg BT 191.53 327.05 Td (ge of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 209.74 327.05 Td ($129 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 250.86 327.05 Td ( related to the MaxxForce ) Tj ET Q q 0 0 0 rg BT 335.05 327.05 Td (Advanced EGR engine class action settlement and related litigation in ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 317.45 Td (our ) Tj ET Q q 0 0 0 rg BT 80.02 317.45 Td (T) Tj ET Q q 0 0 0 rg BT 84.63 317.45 Td (ruck segment. During 2018, we recognized a char) Tj ET Q q 0 0 0 rg BT 243.75 317.45 Td (ge of $1 million for a jury verdict related to the MaxxForce ) Tj ET Q q 0 0 0 rg BT 435.25 317.45 Td (Advanced EGR engine lawsuits in our ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 307.85 Td (T) Tj ET Q q 0 0 0 rg BT 72.11 307.85 Td (ruck segment. During 2017, we recognized a char) Tj ET Q q 0 0 0 rg BT 231.23 307.85 Td (ge of $31 million related to that same jury verdict in our ) Tj ET Q q 0 0 0 rg BT 412.82 307.85 Td (T) Tj ET Q q 0 0 0 rg BT 417.43 307.85 Td (ruck segment.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 298.25 Td (\(E\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 298.25 Td (During 2019, we recognized a gain of $51 million related to the sale of a majority interest in the Navistar Defense business in our ) Tj ET Q q 0 0 0 rg BT 483.91 298.25 Td (T) Tj ET Q q 0 0 0 rg BT 488.51 298.25 Td (ruck segment, and a ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 288.65 Td (gain of $5 million related to the sale of our joint venture in China with JAC in our Global Operations segment. During 2017, we recognized a gain of $6 ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 279.05 Td (million related to the sale of a business line in our Parts segment.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 269.45 Td (\(F\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 269.45 Td (During 2019, we recorded a char) Tj ET Q q 0 0 0 rg BT 172.64 269.45 Td (ge of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 190.86 269.45 Td ($6 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 223.97 269.45 Td ( for the write-of) Tj ET Q q 0 0 0 rg BT 274.70 269.45 Td (f of debt issuance costs and discounts associated with the NFC ) Tj ET Q q 0 0 0 rg BT 476.96 269.45 Td (T) Tj ET Q q 0 0 0 rg BT 481.29 269.45 Td (erm Loan. During 2018, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 259.85 Td (we recorded a char) Tj ET Q q 0 0 0 rg BT 127.98 259.85 Td (ge of $46 million for the write of) Tj ET Q q 0 0 0 rg BT 233.37 259.85 Td (f of debt issuance costs and discounts associated with the repurchase of our 8.25% Senior Notes and ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 250.25 Td (the refinancing of our previously existing ) Tj ET Q q 0 0 0 rg BT 201.99 250.25 Td (T) Tj ET Q q 0 0 0 rg BT 206.32 250.25 Td (erm Loan. During 2017, we recorded a char) Tj ET Q q 0 0 0 rg BT 346.34 250.25 Td (ge of $5 million related to third party fees and debt issuance costs ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 240.65 Td (associated with the replacement of our ) Tj ET Q q 0 0 0 rg BT 192.64 240.65 Td (T) Tj ET Q q 0 0 0 rg BT 196.97 240.65 Td (erm Loan with our ) Tj ET Q q 0 0 0 rg BT 258.59 240.65 Td (T) Tj ET Q q 0 0 0 rg BT 262.91 240.65 Td (erm Loan Credit ) Tj ET Q q 0 0 0 rg BT 317.34 240.65 Td (Agreement and the refinancing of the revolving portion of the NFC bank ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 231.05 Td (credit facility in our Financial Services segment. ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 221.45 Td (\(G\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 221.45 Td (During 2019 and 2018, we purchased group annuity contracts for certain retired pension plan participants resulting in plan remeasurements.) Tj ET Q q 0 0 0 rg BT 516.48 221.45 Td (As a result, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 211.85 Td (we recorded pension settlement char) Tj ET Q q 0 0 0 rg BT 184.20 211.85 Td (ges of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 205.52 211.85 Td ($142 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 246.64 211.85 Td ( and ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 262.19 211.85 Td ($9 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 295.30 211.85 Td (, respectively) Tj ET Q q 0 0 0 rg BT 337.43 211.85 Td (, in ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 349.65 211.85 Td (Other expense, net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 409.41 211.85 Td ( in Corporate.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 202.25 Td (\(H\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 202.25 Td (During 2019, we recorded interest income of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 213.23 202.25 Td ($3 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 246.34 202.25 Td ( in) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 256.57 202.25 Td (Other expense, net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 316.32 202.25 Td ( derived from the prior year settlement of a business economic loss claim. ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 192.65 Td (During 2018, we settled a business economic loss claim relating to our ) Tj ET Q q 0 0 0 rg BT 295.23 192.65 Td (Alabama engine manufacturing facility from the Deepwater Horizon Settlement ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 183.05 Td (Program. ) Tj ET Q q 0 0 0 rg BT 98.61 183.05 Td (As a result, we recorded the net present value of the settlement of $70 million and related interest income of $2 million in ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 489.61 183.05 Td (Other expense, net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 549.36 183.05 Td (.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 173.45 Td (\(I\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 173.45 Td (T) Tj ET Q q 0 0 0 rg BT 71.83 173.45 Td (ax ef) Tj ET Q q 0 0 0 rg BT 87.45 173.45 Td (fect is calculated by excluding the tax impact of the non-GAAP) Tj ET Q q 0 0 0 rg BT 290.64 173.45 Td ( adjustments from the tax provision calculations. ) Tj ET Q endstream endobj 85 0 obj <> endobj 86 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (42) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 731.25 Td (Pension and Other) Tj ET Q q 0 0 0 rg BT 129.33 731.25 Td ( Postr) Tj ET Q q 0 0 0 rg BT 154.42 731.25 Td (etir) Tj ET Q q 0 0 0 rg BT 169.22 731.25 Td (ement Benefits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (Our pension plans are funded by contributions made from Company assets in accordance with applicable U.S. and Canadian ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.25 Td (government regulations.) Tj ET Q q 0 0 0 rg BT 149.02 701.25 Td (The regulatory funding requirements are computed using an actuarially determined funded status, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.25 Td (which is determined using assumptions that often dif) Tj ET Q q 0 0 0 rg BT 260.68 689.25 Td (fer from assumptions used to measure the funded status for GAAP) Tj ET Q q 0 0 0 rg BT 525.63 689.25 Td (.U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.25 Td (funding tar) Tj ET Q q 0 0 0 rg BT 93.47 677.25 Td (gets are determined by rules promulgated under the PP) Tj ET Q q 0 0 0 rg BT 311.94 677.25 Td (A.) Tj ET Q q 0 0 0 rg BT 323.98 677.25 Td (The PP) Tj ET Q q 0 0 0 rg BT 352.23 677.25 Td (A) Tj ET Q q 0 0 0 rg BT 358.90 677.25 Td ( additionally requires underfunded plans to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.25 Td (achieve 100% funding over a period of time. From time to time, we have discussions with and receive requests for certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.25 Td (information from the Pension Benefit Guaranty Corporation \("PBGC"\). ) Tj ET Q q 0 0 0 rg BT 338.27 653.25 Td (The PBGC was created by ERISA) Tj ET Q q 0 0 0 rg BT 475.19 653.25 Td ( to encourage the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.25 Td (continuation and maintenance of private-sector defined benefit pension plans, provide timely and uninterrupted payment of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.25 Td (pension benefits, and keep pension insurance premiums at a minimum. In July 2012, the Moving ) Tj ET Q q 0 0 0 rg BT 438.88 629.25 Td (Ahead for Progress in the 21) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 553.58 633.78 Td (st) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.91 629.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.25 Td (Century ) Tj ET Q q 0 0 0 rg BT 83.67 617.25 Td (Act was signed into law) Tj ET Q q 0 0 0 rg BT 179.11 617.25 Td (, impacting the minimum funding requirements for pension plans, but not otherwise impacting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.25 Td (our accounting for pension benefits. In ) Tj ET Q q 0 0 0 rg BT 206.40 605.25 Td (August 2014, the Highway and ) Tj ET Q q 0 0 0 rg BT 333.43 605.25 Td (T) Tj ET Q q 0 0 0 rg BT 339.19 605.25 Td (ransportation Funding ) Tj ET Q q 0 0 0 rg BT 429.74 605.25 Td (Act of 2014, which included an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.25 Td (extension of pension funding interest rate relief, was signed into law) Tj ET Q q 0 0 0 rg BT 322.39 593.25 Td (. ) Tj ET Q q 0 0 0 rg BT 327.21 593.25 Td (The Bi-Partisan Budget ) Tj ET Q q 0 0 0 rg BT 423.59 593.25 Td (Act of 2015 was signed into law ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.25 Td (in November of 2015 and provided for further extension of interest rate relief. ) Tj ET Q q 0 0 0 rg BT 363.66 581.25 Td (These legislative measures will reduce our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.25 Td (funding requirements over the next three years.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.25 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 551.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 551.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.77 551.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.77 551.25 Td (, we contributed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.97 551.25 Td ($140 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.36 551.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.80 551.25 Td ($132 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.19 551.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 361.85 551.25 Td (, to our U.S. and Canadian pension plans \(the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.25 Td ("Plans"\) to meet regulatory minimum funding requirements. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.00 539.25 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.00 539.25 Td ( we expect to contribute approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.83 539.25 Td ($190 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.23 539.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 527.25 Td (meet the minimum required contributions for all plans. Future contributions are dependent upon a number of factors, principally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 515.25 Td (the changes in values of plan assets, changes in interest rates, and the impact of any future funding relief.) Tj ET Q q 0 0 0 rg BT 471.96 515.25 Td (W) Tj ET Q q 0 0 0 rg BT 480.59 515.25 Td (e currently expect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 503.25 Td (that from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.93 503.25 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.93 503.25 Td ( through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.04 503.25 Td (2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.04 503.25 Td (, we will be required to contribute approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.59 503.25 Td ($140 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.98 503.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.76 503.25 Td ($175 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 503.25 Td ( per year to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.25 Td (Plans, depending on asset performance and discount rates. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 474.75 Td (Our contributions to other post-employment benefit \("OPEB"\) plans totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.11 474.75 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.50 474.75 Td ( in 2019 and 2018. Other postretirement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 462.75 Td (benefit obligations, such as retiree medical, are primarily funded in accordance with a 1993 settlement agreement \(the "1993 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 450.75 Td (Settlement ) Tj ET Q q 0 0 0 rg BT 94.22 450.75 Td (Agreement"\) between us, our employees, retirees, and collective bar) Tj ET Q q 0 0 0 rg BT 367.17 450.75 Td (gaining or) Tj ET Q q 0 0 0 rg BT 407.82 450.75 Td (ganizations, which eliminated certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 438.75 Td (benefits provided prior to that date and provided for cost sharing between us and participants in the form of premiums, co-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 426.75 Td (payments, and deductibles. ) Tj ET Q q 0 0 0 rg BT 160.13 426.75 Td (W) Tj ET Q q 0 0 0 rg BT 168.76 426.75 Td (e expect to contribute ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.62 426.75 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.01 426.75 Td ( to our OPEB plans during 2020. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 408.75 Td (As part of the 1993 Settlement ) Tj ET Q q 0 0 0 rg BT 173.92 408.75 Td (Agreement, a Base Program ) Tj ET Q q 0 0 0 rg BT 288.98 408.75 Td (T) Tj ET Q q 0 0 0 rg BT 294.74 408.75 Td (rust was established in June 1993 to provide a vehicle for funding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 396.75 Td (the health care liability through our contributions and retiree premiums. ) Tj ET Q q 0 0 0 rg BT 338.03 396.75 Td (A) Tj ET Q q 0 0 0 rg BT 344.70 396.75 Td ( separate independent Retiree Supplemental Benefit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 384.75 Td (Program was also established, which included our contribution of ClassB Common Stock, originally valued at $513million, to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 372.75 Td (potentially reduce retiree premiums, co-payments, and deductibles and provide additional benefits in subsequent periods. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 360.75 Td (addition to the Base Program ) Tj ET Q q 0 0 0 rg BT 168.46 360.75 Td (T) Tj ET Q q 0 0 0 rg BT 174.22 360.75 Td (rust, we are contingently obligated to make profit sharing contributions to the Retiree ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 348.75 Td (Supplemental Benefit ) Tj ET Q q 0 0 0 rg BT 138.74 348.75 Td (T) Tj ET Q q 0 0 0 rg BT 144.50 348.75 Td (rust to potentially improve upon the basic benefits provided through the Base Program ) Tj ET Q q 0 0 0 rg BT 492.86 348.75 Td (T) Tj ET Q q 0 0 0 rg BT 498.62 348.75 Td (rust. ) Tj ET Q q 0 0 0 rg BT 518.44 348.75 Td (These ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 336.75 Td (profit sharing contributions are determined by means of a calculation established through the 1993 Settlement ) Tj ET Q q 0 0 0 rg BT 490.77 336.75 Td (Agreement. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 324.75 Td (2019, we recorded $21 million of profit sharing accruals based on the operating performance of the entities that are included in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 312.75 Td (the determination of qualifying profits which will be paid in the first quarter of 2020. In 2018, we recorded $30 million of profit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 300.75 Td (sharing accruals based on the operating performance of the entities that are included in the determination of qualifying profits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 288.75 Td (which was paid in the first quarter of 2019. ) Tj ET Q q 0 0 0 rg BT 224.28 288.75 Td (There were no profit sharing contributions to the Retiree Supplemental Benefit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 276.75 Td (T) Tj ET Q q 0 0 0 rg BT 55.26 276.75 Td (rust during the years ended October 31, 2018 and 2017.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 258.75 Td (The funded status of our plans is derived by subtracting the actuarially-determined present value of the projected benefit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 246.75 Td (obligations from the fair value of plan assets at year end.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 228.75 Td (The underfunded status of our pension plans on a GAAP) Tj ET Q q 0 0 0 rg BT 276.03 228.75 Td ( basis increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.29 228.75 Td ($152 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.68 228.75 Td ( during 2019 primarily due to a decrease ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 216.75 Td (in the discount rate partially of) Tj ET Q q 0 0 0 rg BT 172.34 216.75 Td (fset by cash contributions and higher than expected asset returns. Our actual return on assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 204.75 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.11 204.75 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.11 204.75 Td ( was approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.92 204.75 Td (13.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.75 204.75 Td ( for the U.S. pension plans.) Tj ET Q q 0 0 0 rg BT 315.95 204.75 Td (The weighted average discount rates used to measure the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 192.75 Td (postretirement benefit obligation \("PBO"\) were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.78 192.75 Td (3.1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.61 192.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.05 192.75 Td (4.4%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.88 192.75 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.10 192.75 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.80 192.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.24 192.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.24 192.75 Td (, respectively) Tj ET Q q 0 0 0 rg BT 476.90 192.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 174.75 Td (The underfunded status of our health and life insurance benefits decreased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.60 174.75 Td ($144 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.00 174.75 Td (. ) Tj ET Q q 0 0 0 rg BT 417.82 174.75 Td (This was primarily driven by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 162.75 Td (favorable claims experience and updated per capita cost assumptions partially of) Tj ET Q q 0 0 0 rg BT 371.42 162.75 Td (fset by a decrease in the discount rate.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 144.75 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 144.75 Td (e continue to seek opportunities to control our pension and other postretirement benefits expenses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 126.75 Td (For more information, see Note 1) Tj ET Q q 0 0 0 rg BT 182.99 126.75 Td (1, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 192.99 126.75 Td (Postr) Tj ET Q q 0 0 0 rg BT 214.29 126.75 Td (etir) Tj ET Q q 0 0 0 rg BT 227.80 126.75 Td (ement Benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.39 126.75 Td (, to the accompanying consolidated financial statements.) Tj ET Q endstream endobj 87 0 obj <> endobj 88 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (43) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 731.25 Td (Off-Balance Sheet ) Tj ET Q q 0 0 0 rg BT 128.93 731.25 Td (Arrangements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 713.25 Td (e enter into various arrangements not recognized in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 281.67 713.25 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.31 713.25 Td ( that have or could have an ef) Tj ET Q q 0 0 0 rg BT 516.14 713.25 Td (fect on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.25 Td (financial condition, results of operations, liquidity) Tj ET Q q 0 0 0 rg BT 249.09 701.25 Td (, capital expenditures, or capital resources. ) Tj ET Q q 0 0 0 rg BT 421.89 701.25 Td (The principal of) Tj ET Q q 0 0 0 rg BT 486.13 701.25 Td (f-balance sheet ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.25 Td (arrangements that we enter into are guarantees that could obligate us to make future payments if the primary entity fails to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.25 Td (perform under its contractual obligations. ) Tj ET Q q 0 0 0 rg BT 217.61 677.25 Td (These include residual value guarantees, for which our losses are generally capped, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.25 Td (stand-by letters of credit and surety bonds, credit and purchase commitments and indemnifications. ) Tj ET Q q 0 0 0 rg BT 448.38 665.25 Td (W) Tj ET Q q 0 0 0 rg BT 457.01 665.25 Td (e have recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.25 Td (liabilities for some of these guarantees in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 232.22 653.25 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.87 653.25 Td ( as they meet recognition and measurement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.25 Td (provisions. In addition to the liabilities that have been recognized, we are contingently liable for other potential losses under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.25 Td (various guarantees that are not recognized in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 246.64 629.25 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.29 629.25 Td (. ) Tj ET Q q 0 0 0 rg BT 368.11 629.25 Td (W) Tj ET Q q 0 0 0 rg BT 376.75 629.25 Td (e do not believe claims that may be made ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.25 Td (under such guarantees would have a material ef) Tj ET Q q 0 0 0 rg BT 239.51 617.25 Td (fect on our financial condition, results of operations, or cash flows. For more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.25 Td (information, see Note 14) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 148.92 605.25 Td (, Commitments and Contingencies, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.13 605.25 Td (to the accompanying consolidated financial statements. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 584.25 Td (Contractual Obligations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 567.75 Td (The following table provides aggregated information on our outstanding contractual obligations as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.90 567.75 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.60 567.75 Td (: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 537.75 m 353.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 537.75 m 357.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 537.75 m 403.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 537.75 m 407.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 537.75 m 458.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 537.75 m 462.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 537.75 m 511.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 537.75 m 515.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 537.75 m 561.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 537.75 m 353.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 522.75 m 353.5 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 537.75 m 357.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 537.75 m 403.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 522.75 m 403.5 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 537.75 m 407.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 537.75 m 458.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 522.75 m 458.5 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 537.75 m 462.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 537.75 m 511.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 522.75 m 511.5 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 537.75 m 515.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 537.75 m 561.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 522.75 m 561.5 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 417.75 m 353.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 403.75 m 353.5 403.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 401.75 m 353.5 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 417.75 m 403.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 403.75 m 403.5 403.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 401.75 m 403.5 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 417.75 m 458.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 403.75 m 458.5 403.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 401.75 m 458.5 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 417.75 m 511.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 403.75 m 511.5 403.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 401.75 m 511.5 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 417.75 m 561.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 403.75 m 561.5 403.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 401.75 m 561.5 401.75 l s BT /F1 4.00 Tf ET q 0 0 0 rg BT 52.00 541.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.05 541.98 Td (Payments Due by ) Tj ET Q q 0 0 0 rg BT 422.46 541.98 Td (Y) Tj ET Q q 0 0 0 rg BT 427.64 541.98 Td (ear) Tj ET Q q 0 0 0 rg BT 438.23 541.98 Td ( Ending October) Tj ET Q q 0 0 0 rg BT 494.98 541.98 Td (31, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 526.98 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 321.25 526.98 Td (T) Tj ET Q q 0 0 0 rg BT 326.22 526.98 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 372.00 526.98 Td (2020) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.15 526.98 Td (2021-2022) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.15 526.98 Td (2023-2024) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.70 526.98 Td (2025+) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 512.42 Td (T) Tj ET Q q 0 0 0 rg BT 57.41 512.42 Td (ype of contractual obligation:) Tj ET Q BT /F1 4.00 Tf ET q 0 0 0 rg BT 310.00 511.13 Td () Tj ET Q BT /F1 4.00 Tf ET q 0 0 0 rg BT 360.00 511.13 Td () Tj ET Q BT /F1 4.00 Tf ET q 0 0 0 rg BT 410.00 511.13 Td () Tj ET Q BT /F1 4.00 Tf ET q 0 0 0 rg BT 465.00 511.13 Td () Tj ET Q BT /F1 4.00 Tf ET q 0 0 0 rg BT 518.00 511.13 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 497.42 Td (Long-term debt obligations) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 179.42 501.95 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.00 497.32 Td (..............................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.00 497.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.15 497.42 Td (5,158) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.00 497.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.65 497.42 Td (855) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.00 497.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 497.42 Td (764) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.00 497.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 497.42 Td (720) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.00 497.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 497.42 Td (2,819) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 482.42 Td (Interest on long-term debt) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 174.14 486.95 Td (\(B\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.00 482.32 Td (................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.15 482.42 Td (1,433) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.65 482.42 Td (272) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 482.42 Td (445) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 482.42 Td (400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 482.42 Td (316) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 467.42 Td (Financing arrangements) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 166.36 471.95 Td (\(C\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.50 467.32 Td (...................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.65 467.42 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.65 467.42 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 467.42 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 467.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 467.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 452.42 Td (Capital lease obligations) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 168.31 456.95 Td (\(D\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.00 452.32 Td (..................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.65 452.42 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.65 452.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 452.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 452.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 452.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 437.42 Td (Operating lease obligations) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 179.41 441.95 Td (\(E\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.00 437.32 Td (..............................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.65 437.42 Td (149) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.65 437.42 Td (37) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 437.42 Td (50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 437.42 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 437.42 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 422.42 Td (Purchase obligations) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 153.04 426.95 Td (\(F\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.50 422.32 Td (.........................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.65 422.42 Td (180) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.65 422.42 Td (33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 422.42 Td (99) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 422.42 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 422.42 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.00 407.42 Td (T) Tj ET Q q 0 0 0 rg BT 93.41 407.42 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.00 407.32 Td (..............................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.00 407.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.15 407.42 Td (6,932) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.00 407.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.15 407.42 Td (1,203) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.00 407.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.15 407.42 Td (1,364) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.00 407.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.15 407.42 Td (1,191) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.00 407.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 407.42 Td (3,174) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 393.65 Td (_____________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 48.50 384.05 Td (\(A\) ) Tj ET Q q 0 0 0 rg BT 67.50 384.05 Td (Excludes of) Tj ET Q q 0 0 0 rg BT 105.34 384.05 Td (fsetting discounts and issuance costs of $41 million and Financed Lease Obligations of $60 million. For more information, see Note10, ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 543.71 384.05 Td (Debt, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 374.45 Td (to the accompanying consolidated financial statements.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 48.50 364.85 Td (\(B\) ) Tj ET Q q 0 0 0 rg BT 67.50 364.85 Td (Amounts represent estimated contractual interest payments on outstanding debt. Rates in ef) Tj ET Q q 0 0 0 rg BT 359.72 364.85 Td (fect as of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 391.04 364.85 Td (October 31, 2019) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 446.80 364.85 Td ( are used for variable rate debt. For ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 355.25 Td (more information, see Note10, ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 169.47 355.25 Td (Debt, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 189.02 355.25 Td (to the accompanying consolidated financial statements.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 48.50 345.65 Td (\(C\) ) Tj ET Q q 0 0 0 rg BT 67.50 345.65 Td (Financing arrangements include $1 million of interest obligations. ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 48.50 336.05 Td (\(D\) ) Tj ET Q q 0 0 0 rg BT 67.50 336.05 Td (W) Tj ET Q q 0 0 0 rg BT 74.41 336.05 Td (e lease many of our facilities as well as other property and equipment under capital leases in the normal course of business, including ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 502.72 336.05 Td (zero) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 516.49 336.05 Td ( of interest ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 326.45 Td (obligations. For more information, see Note7, ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 218.14 326.45 Td (Pr) Tj ET Q q 0 0 0 rg BT 225.84 326.45 Td (operty and Equipment) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 296.94 326.45 Td (, ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 300.94 326.45 Td (Net, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 316.05 326.45 Td (to the accompanying consolidated financial statements. ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 48.50 316.85 Td (\(E\) ) Tj ET Q q 0 0 0 rg BT 67.50 316.85 Td (Lease obligations for facility closures are included in operating leases. Future operating lease obligations are not recognized in our ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 487.36 316.85 Td (Consolidated Balance ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 307.25 Td (Sheets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 87.94 307.25 Td (. For more information, see Note 7, ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 203.02 307.25 Td (Pr) Tj ET Q q 0 0 0 rg BT 210.73 307.25 Td (operty and Equipment) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 281.82 307.25 Td (, ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 285.82 307.25 Td (Net, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 300.93 307.25 Td (to the accompanying consolidated financial statements. ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 48.50 297.65 Td (\(F\) ) Tj ET Q q 0 0 0 rg BT 67.50 297.65 Td (Purchase obligations include various commitments in the ordinary course of business that would include the purchase of goods or services which are not ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 288.05 Td (recognized in our ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 125.48 288.05 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 218.79 288.05 Td (. ) Tj ET Q q 0 0 0 rg BT 222.65 288.05 Td (W) Tj ET Q q 0 0 0 rg BT 229.56 288.05 Td (e also include certain contractual obligations recognized in our ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 432.37 288.05 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 525.69 288.05 Td ( for which ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 278.45 Td (payments will be made beyond the next year) Tj ET Q q 0 0 0 rg BT 209.90 278.45 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 260.45 Td (Due to the uncertainty with respect to the timing of cash payments associated with the settlement of audits with taxing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 248.45 Td (authorities and because of existing net operating loss carryforwards, the preceding table excludes uncertain tax positions of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.34 248.45 Td ($21 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 236.45 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 236.45 Td (. ) Tj ET Q q 0 0 0 rg BT 83.21 236.45 Td (W) Tj ET Q q 0 0 0 rg BT 91.85 236.45 Td (e do not expect to make significant payments of these liabilities within the next year) Tj ET Q q 0 0 0 rg BT 427.87 236.45 Td (. For additional information, see ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 224.45 Td (Note 12, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 86.44 224.45 Td (Income T) Tj ET Q q 0 0 0 rg BT 123.01 224.45 Td (axes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.78 224.45 Td (, to the accompanying consolidated financial statements. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 206.45 Td (In addition to the above contractual obligations, we are also required to fund our Plans in accordance with the requirements of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 194.45 Td (the PP) Tj ET Q q 0 0 0 rg BT 74.42 194.45 Td (A. ) Tj ET Q q 0 0 0 rg BT 86.09 194.45 Td (As such, we expect to contribute approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.37 194.45 Td ($190 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.76 194.45 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.54 194.45 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.54 194.45 Td ( to meet the minimum required contributions for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 182.45 Td (all Plans. ) Tj ET Q q 0 0 0 rg BT 88.48 182.45 Td (W) Tj ET Q q 0 0 0 rg BT 97.12 182.45 Td (e currently expect that from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.68 182.45 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.68 182.45 Td ( through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.79 182.45 Td (2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.79 182.45 Td (, we will be required to contribute ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.08 182.45 Td ($140 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.47 182.45 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.25 182.45 Td ($175 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.64 182.45 Td ( per ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 170.45 Td (year to the Plans, depending on asset performance and discount rates in the next several years. For additional information, see ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 158.45 Td (Note 1) Tj ET Q q 0 0 0 rg BT 76.07 158.45 Td (1, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 86.07 158.45 Td (Postr) Tj ET Q q 0 0 0 rg BT 107.37 158.45 Td (etir) Tj ET Q q 0 0 0 rg BT 120.88 158.45 Td (ement Benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.47 158.45 Td (, to the accompanying consolidated financial statements.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 140.45 Td (Other) Tj ET Q q 0 0 0 rg BT 74.87 140.45 Td ( Information) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 119.45 Td (Income T) Tj ET Q q 0 0 0 rg BT 88.30 119.45 Td (axes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.45 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 101.45 Td (e file a consolidated U.S.federal income tax return for NIC and its eligible domestic subsidiaries. Our non-U.S.subsidiaries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 89.45 Td (file income tax returns in their respective local jurisdictions. ) Tj ET Q q 0 0 0 rg BT 292.58 89.45 Td (W) Tj ET Q q 0 0 0 rg BT 301.21 89.45 Td (e account for income taxes under the asset and liability method. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 77.45 Td (Deferred tax assets and liabilities are recognized for tax benefit carryforwards and the future tax consequences attributable to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 65.45 Td (temporary dif) Tj ET Q q 0 0 0 rg BT 104.02 65.45 Td (ferences between the financial statement carrying amounts of existing assets and liabilities and their respective tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 53.45 Td (bases. Deferred tax liabilities and assets at the end of each period are determined using enacted tax rates. ) Tj ET Q endstream endobj 89 0 obj <> endobj 90 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.94 731.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.65 731.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.09 731.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.09 731.10 Td (, we had deferred tax asset valuation allowances of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.11 731.10 Td ($2.0 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.23 731.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.67 731.10 Td ($2.2 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.78 731.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 553.44 731.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (A) Tj ET Q q 0 0 0 rg BT 56.17 719.10 Td ( valuation allowance is required to be established or maintained when, based on currently available information, it is more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 707.10 Td (likely than not that all or a portion of a deferred tax asset will not be realized. ) Tj ET Q q 0 0 0 rg BT 360.88 707.10 Td (The guidance on accounting for income taxes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.10 Td (provides that important factors in determining whether a deferred tax asset will be realized are whether there has been suf) Tj ET Q q 0 0 0 rg BT 535.51 695.10 Td (ficient ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.10 Td (taxable income in recent years and whether suf) Tj ET Q q 0 0 0 rg BT 237.29 683.10 Td (ficient taxable income is expected in future years in order to utilize the deferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (tax asset. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 653.10 Td (e believe that our evaluation of deferred tax assets and the need for a valuation allowance against such assets involve critical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (accounting estimates because they are subject to, among other things, estimates of future taxable income in the U.S.and in non-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.10 Td (U.S.tax jurisdictions. ) Tj ET Q q 0 0 0 rg BT 138.76 629.10 Td (These estimates are susceptible to change and dependent upon events that may or may not occur) Tj ET Q q 0 0 0 rg BT 523.36 629.10 Td (. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (assessment of the need for a valuation allowance is material to the assets reported on our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 406.60 617.10 Td (Consolidated Balance Sheets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.75 617.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (changes in the valuation allowance may be material to our results of operations. ) Tj ET Q q 0 0 0 rg BT 370.88 605.10 Td (W) Tj ET Q q 0 0 0 rg BT 379.52 605.10 Td (e intend to continue to assess our valuation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.10 Td (allowance in accordance with the guidance on accounting for income taxes. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 575.10 Td (e may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (sustained on examination by taxing authorities, based on the technical merits of the position. ) Tj ET Q q 0 0 0 rg BT 422.01 563.10 Td (The tax benefits recognized in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (financial statements from such a position are measured based on the lar) Tj ET Q q 0 0 0 rg BT 334.50 551.10 Td (gest benefit that has a greater than fifty percent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (likelihood of being realized upon ultimate settlement. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 521.10 Td (e recognize interest and penalties related to uncertain tax positions as part of ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 366.08 521.10 Td (Income tax expense. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.37 521.10 Td (T) Tj ET Q q 0 0 0 rg BT 454.78 521.10 Td (otal interest and penalties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.10 Td (related to our uncertain tax positions resulted in income tax expense of less than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.19 509.10 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.58 509.10 Td ( and income tax benefits of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.65 509.10 Td ($1 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 497.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.83 497.10 Td ($6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.22 497.10 Td ( for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.57 497.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.28 497.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.28 497.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.28 497.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.22 497.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.22 497.10 Td ( respectively) Tj ET Q q 0 0 0 rg BT 407.38 497.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 479.10 Td (e released $14 million of uncertain tax positions based on administrative practice and precedents of relevant tax authorities in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.10 Td (2017.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.94 449.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.65 449.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.09 449.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.09 449.10 Td (, the amount of liability for uncertain tax positions was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.99 449.10 Td ($21 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.38 449.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.82 449.10 Td ($27 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.21 449.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 437.10 Td (. If these unrecognized tax benefits are recognized, all would impact our ef) Tj ET Q q 0 0 0 rg BT 396.30 437.10 Td (fective tax rate, except for positions for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (which we maintain a full valuation allowance against certain deferred tax assets. In this case, the ef) Tj ET Q q 0 0 0 rg BT 445.83 425.10 Td (fect may be in the form of an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (increase in the deferred tax asset related to our net operating loss carryforwards, which would be of) Tj ET Q q 0 0 0 rg BT 446.67 413.10 Td (fset by a full valuation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (allowance. ) Tj ET Q q 0 0 0 rg BT 94.85 401.10 Td (While it is probable that the liability for unrecognized tax benefits may increase or decrease during the next twelve ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (months, we do not expect any such change would have a material ef) Tj ET Q q 0 0 0 rg BT 321.73 389.10 Td (fect on our financial condition, results of operations, or cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.10 Td (flows. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 359.10 Td (e apply the intraperiod tax allocation rules to allocate income taxes among continuing operations, discontinued operations, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.10 Td (other comprehensive income and additional paid-in capital when we meet the criteria as prescribed in the guidance.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 326.10 Td (Environmental Matters ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 308.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 308.10 Td (e have been named a potentially responsible party \("PRP"\), in conjunction with other parties, in a number of cases arising ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 296.10 Td (under an environmental protection law) Tj ET Q q 0 0 0 rg BT 203.80 296.10 Td (, the Comprehensive Environmental Response, Compensation, and Liability ) Tj ET Q q 0 0 0 rg BT 510.13 296.10 Td (Act, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 284.10 Td (popularly known as the "Superfund" law) Tj ET Q q 0 0 0 rg BT 211.71 284.10 Td (. ) Tj ET Q q 0 0 0 rg BT 216.53 284.10 Td (These cases involve sites that allegedly received wastes from current or former ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 272.10 Td (Company locations. Based on information available to us which, in most cases, consists of data related to quantities and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 260.10 Td (characteristics of material generated at current or former Company locations, material allegedly shipped by us to these disposal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 248.10 Td (sites, as well as cost estimates from PRPs and/or federal or state regulatory agencies for the cleanup of these sites, a reasonable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 236.10 Td (estimate is calculated of our share, if any) Tj ET Q q 0 0 0 rg BT 212.67 236.10 Td (, of the probable costs and accruals and is recorded in our consolidated financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 224.10 Td (statements. ) Tj ET Q q 0 0 0 rg BT 96.53 224.10 Td (These accruals are generally recognized no later than completion of the remedial feasibility study and are not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 212.10 Td (discounted to their present value. ) Tj ET Q q 0 0 0 rg BT 184.28 212.10 Td (W) Tj ET Q q 0 0 0 rg BT 192.92 212.10 Td (e review all accruals on a regular basis and believe that, based on these calculations, our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 200.10 Td (share of the potential additional costs for the cleanup of each site will not have a material ef) Tj ET Q q 0 0 0 rg BT 416.13 200.10 Td (fect on our financial condition, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 188.10 Td (results of operations, or cash flows.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 170.10 Td (In addition, other sites formerly owned by us or where we are currently operating have been identified as having soil and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 158.10 Td (groundwater contamination. ) Tj ET Q q 0 0 0 rg BT 164.56 158.10 Td (While investigations and cleanup activities continue at these and other sites, we believe that we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 146.10 Td (have appropriate accruals to cover costs to complete the cleanup of all sites.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 128.10 Td (Impact of Environmental Regulation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 110.10 Td (Government regulation related to climate change is under consideration at the U.S. federal and state levels.Because our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 98.10 Td (products use fossil fuels, they may be impacted indirectly due to regulation, such as a cap and trade program, af) Tj ET Q q 0 0 0 rg BT 495.84 98.10 Td (fecting the cost ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 86.10 Td (of fuels.) Tj ET Q q 0 0 0 rg BT 84.59 86.10 Td (The United States Environmental Protection ) Tj ET Q q 0 0 0 rg BT 263.72 86.10 Td (Agency \("EP) Tj ET Q q 0 0 0 rg BT 315.48 86.10 Td (A"\) and National Highway ) Tj ET Q q 0 0 0 rg BT 425.47 86.10 Td (T) Tj ET Q q 0 0 0 rg BT 431.22 86.10 Td (raf) Tj ET Q q 0 0 0 rg BT 442.14 86.10 Td (fic Safety ) Tj ET Q q 0 0 0 rg BT 482.68 86.10 Td (Administration ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 74.10 Td (\("NHTSA"\) issued final rules for greenhouse gas \("GHG"\) phase 1 emissions and fuel economy in 201) Tj ET Q q 0 0 0 rg BT 461.20 74.10 Td (1, which rules were fully ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 62.10 Td (implemented in model year 2017. ) Tj ET Q q 0 0 0 rg BT 186.51 62.10 Td (W) Tj ET Q q 0 0 0 rg BT 195.14 62.10 Td (e are complying with these rules through use of existing technologies and implementation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 50.10 Td (of emer) Tj ET Q q 0 0 0 rg BT 80.13 50.10 Td (ging technologies as they become available. ) Tj ET Q q 0 0 0 rg BT 258.50 50.10 Td (The EP) Tj ET Q q 0 0 0 rg BT 287.30 50.10 Td (A) Tj ET Q q 0 0 0 rg BT 293.97 50.10 Td ( and NHTSA) Tj ET Q q 0 0 0 rg BT 346.19 50.10 Td ( adopted a final rule in October 2016 with the next ) Tj ET Q endstream endobj 91 0 obj <> endobj 92 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (phase of federal GHG emission and fuel economy regulations. ) Tj ET Q q 0 0 0 rg BT 301.47 731.10 Td (This rule contains more stringent emissions levels for engines ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (and vehicles and will take ef) Tj ET Q q 0 0 0 rg BT 163.44 719.10 Td (fect in model year 2021 and be implemented in three stages culminating in model year 2027. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 707.10 Td (Canada has finalized a heavy duty phase 2 GHG rulemaking, which is substantially similar to EP) Tj ET Q q 0 0 0 rg BT 436.83 707.10 Td (A) Tj ET Q q 0 0 0 rg BT 443.50 707.10 Td ( regulations with more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.10 Td (stringent requirements for heavy haul tractors.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (In December 2014, California adopted GHG emission rules for heavy duty vehicles equivalent to EP) Tj ET Q q 0 0 0 rg BT 451.53 677.10 Td (A) Tj ET Q q 0 0 0 rg BT 458.20 677.10 Td ( phase 1 rules and is in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (the process of adopting its phase 2 equivalent rules. In 2014, California also adopted an optional lower emission standard for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (oxides of nitrogen \("NOx"\) in California. California has stated its intention to lower NOx standards for California-certified ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (engines and has requested that the EP) Tj ET Q q 0 0 0 rg BT 199.09 641.10 Td (A) Tj ET Q q 0 0 0 rg BT 205.76 641.10 Td ( lower its standards. In June 2016, several regional air quality management districts in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.10 Td (California and other states, as well as the environmental agencies for several states, petitioned the EP) Tj ET Q q 0 0 0 rg BT 453.17 629.10 Td (A) Tj ET Q q 0 0 0 rg BT 459.84 629.10 Td ( to adopt lower NOx ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (emission standards for on-road heavy duty trucks and engines. ) Tj ET Q q 0 0 0 rg BT 301.48 617.10 Td (The EP) Tj ET Q q 0 0 0 rg BT 330.28 617.10 Td (A) Tj ET Q q 0 0 0 rg BT 336.95 617.10 Td ( responded to the petition in December 2016 stating that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (it would consider additional NOx regulations tar) Tj ET Q q 0 0 0 rg BT 243.17 605.10 Td (geting model year 2024, but has not to date promulgated any further NOx ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.10 Td (regulations. ) Tj ET Q q 0 0 0 rg BT 98.75 593.10 Td (The EP) Tj ET Q q 0 0 0 rg BT 127.55 593.10 Td (A) Tj ET Q q 0 0 0 rg BT 134.22 593.10 Td ( and the California ) Tj ET Q q 0 0 0 rg BT 210.87 593.10 Td (Air Resources Board \("CARB"\) may also consider other actions, including extended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.10 Td (emission warranties. On ) Tj ET Q q 0 0 0 rg BT 148.37 581.10 Td (April 18, 2019, CARB released a white paper providing an outline of measures it feels may be feasible, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (including lowered NOx and particular matter emission standards, changes in testing protocols, extended emission warranty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.10 Td (periods, changes to durability demonstration periods, in-use testing and various other changes that are being considered for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.10 Td (implementation between 2022 and 2027. However) Tj ET Q q 0 0 0 rg BT 251.27 545.10 Td (, CARB has not issued these as formal regulatory proposals. California is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.10 Td (currently considering regulatory requirements to expand the zero emissions truck market, including the mandated sale of certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (vehicles. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 503.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 503.10 Td (e expect that heavy duty vehicle and engine fuel economy and GHG emissions rules will be under consideration in other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.10 Td (global jurisdictions in the future. ) Tj ET Q q 0 0 0 rg BT 182.63 491.10 Td (The EP) Tj ET Q q 0 0 0 rg BT 211.43 491.10 Td (A) Tj ET Q q 0 0 0 rg BT 218.10 491.10 Td ( also issued a final rule in October 2015 that lowered the National ) Tj ET Q q 0 0 0 rg BT 483.30 491.10 Td (Ambient ) Tj ET Q q 0 0 0 rg BT 520.25 491.10 Td (Air ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.10 Td (Quality Standard for ozone to 70 parts per billion. ) Tj ET Q q 0 0 0 rg BT 251.50 479.10 Td (This rule could lead to future lower emission standards for substances that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.10 Td (contribute to ozone depletion, including NOx from vehicles, at the federal and state levels. Our facilities may be subject to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.10 Td (regulation related to climate change and climate change itself may also have some impact on our operations.However) Tj ET Q q 0 0 0 rg BT 521.70 455.10 Td (, these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.10 Td (impacts are currently uncertain and we cannot predict the nature and scope of those impacts.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (These standards will require significant investments of capital and will significantly increase costs of development for engines ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (and vehicles and will require us to incur administrative costs arising from implementation of the standards.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 395.10 Td (Securitization T) Tj ET Q q 0 0 0 rg BT 114.97 395.10 Td (ransactions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.10 Td (None of our securitization or trust arrangements qualify for sales accounting treatment or as an of) Tj ET Q q 0 0 0 rg BT 439.46 377.10 Td (f-balance sheet arrangement. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.10 Td (As a result, the transferred receivables and the associated secured borrowings are included in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 439.35 365.10 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 555.99 365.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 353.10 Td (and no gain or loss is recorded for these transactions. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 335.10 Td (Critical ) Tj ET Q q 0 0 0 rg BT 82.74 335.10 Td (Accounting Policies and Estimates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 317.10 Td (Our consolidated financial statements are prepared in accordance with GAAP) Tj ET Q q 0 0 0 rg BT 359.10 317.10 Td (. In connection with the preparation of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.10 Td (consolidated financial statements, we use estimates and make judgments and assumptions about future events that af) Tj ET Q q 0 0 0 rg BT 515.31 305.10 Td (fect the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 293.10 Td (reported amounts of assets, liabilities, revenue, expenses, and the related disclosures. Our assumptions, estimates, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 281.10 Td (judgments are based on historical experience, current trends, and other factors we believe are relevant at the time we prepare ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.10 Td (our consolidated financial statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 248.10 Td (Our significant accounting policies are discussed in Note1, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 289.99 248.10 Td (Summary of Significant ) Tj ET Q q 0 0 0 rg BT 386.19 248.10 Td (Accounting Policies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.45 248.10 Td (, to the accompanying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 236.10 Td (consolidated financial statements and should be reviewed in connection with the following discussion. ) Tj ET Q q 0 0 0 rg BT 461.45 236.10 Td (W) Tj ET Q q 0 0 0 rg BT 470.09 236.10 Td (e believe that the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 224.10 Td (following policies are the most critical to aid in fully understanding and evaluating our reported results as they require us to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 212.10 Td (make dif) Tj ET Q q 0 0 0 rg BT 84.58 212.10 Td (ficult, subjective, and complex judgments. In determining whether an estimate is critical, we consider if: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.50 195.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 195.60 Td (the nature of the estimate or assumption is material due to the levels of subjectivity and judgment necessary to account for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 183.60 Td (highly uncertain matters or the susceptibility of such matters to change, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 48.50 167.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 167.10 Td (the impact of the estimate or assumption on financial condition or operating performance is material. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 149.10 Td (Pension and Other Postr) Tj ET Q q 0 0 0 rg BT 148.85 149.10 Td (etir) Tj ET Q q 0 0 0 rg BT 162.36 149.10 Td (ement Benefits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 132.60 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 132.60 Td (e provide pension and other postretirement benefits to a substantial portion of our employees, former employees, and their ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 120.60 Td (beneficiaries. ) Tj ET Q q 0 0 0 rg BT 105.40 120.60 Td (The assets, liabilities, and expenses we recognize and disclosures we make about plan actuarial and financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 108.60 Td (information are dependent on the assumptions used in calculating such amounts. ) Tj ET Q q 0 0 0 rg BT 373.69 108.60 Td (The primary assumptions include factors such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 96.60 Td (as discount rates, health care cost trend rates, inflation, expected return on plan assets, retirement rates, mortality rates, rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 84.60 Td (compensation increases, and other factors including management's plans regarding plant rationalization activities. Changes to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 72.60 Td (our business environment could result in changes to the assumptions, the ef) Tj ET Q q 0 0 0 rg BT 350.93 72.60 Td (fects of which could be material.) Tj ET Q endstream endobj 93 0 obj <> endobj 94 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 731.10 Td (Plant rationalization activities impact the determination of whether a plan curtailment or settlement has occurred. Key ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 719.10 Td (considerations include, but are not limited to, expected future service credit, the remaining years of recall rights of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 707.10 Td (workforce, and the extent to which minimum service requirements \(in the case of healthcare benefits\) have been met. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 690.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 690.60 Td (The discount rates are obtained by matching the anticipated future benefit payments for the plans to a high quality ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 678.60 Td (corporate bond yield curve to establish a weighted average discount rate for each plan. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 662.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 662.10 Td (Health care cost trend rates are developed based upon historical retiree cost trend data, short term health care outlook, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 650.10 Td (industry benchmarks and surveys. ) Tj ET Q q 0 0 0 rg BT 205.90 650.10 Td (The inflation assumptions used are based upon both our specific trends and nationally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 638.10 Td (expected trends. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 621.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 621.60 Td (The expected return on plan assets is derived from historical plan returns, expected long-term performance of asset classes, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 609.60 Td (asset allocations, input from an external pension investment advisor) Tj ET Q q 0 0 0 rg BT 338.42 609.60 Td (, and risks and other factors adjusted for our specific ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 597.60 Td (investment strategy) Tj ET Q q 0 0 0 rg BT 144.89 597.60 Td (. ) Tj ET Q q 0 0 0 rg BT 149.71 597.60 Td (The focus is on long-term trends and provides for the consideration of recent plan performance. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 581.10 Td (Retirement rates are based upon actual and projected plan experience. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 564.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 564.60 Td (Mortality rates are developed from actual and projected plan experience for the U.S. postretirement benefit plans. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 552.60 Td (actuaries conduct an experience study every five years as part of the process to select a best estimate of mortality) Tj ET Q q 0 0 0 rg BT 518.61 552.60 Td (. ) Tj ET Q q 0 0 0 rg BT 523.43 552.60 Td (W) Tj ET Q q 0 0 0 rg BT 532.07 552.60 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 540.60 Td (consider both standard mortality tables and improvement factors as well as the plans) Tj ET Q q 0 0 0 rg BT 407.77 540.60 Td ( actual experience when selecting a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 528.60 Td (best estimate. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 512.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 512.10 Td (The rate of compensation increase reflects our long-term actual experience and our projected future increases. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 495.60 Td (The sensitivities stated below are based upon changing one assumption at a time, but often economic factors impact multiple ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 483.60 Td (assumptions simultaneously) Tj ET Q q 0 0 0 rg BT 161.35 483.60 Td (.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 453.6 m 417.5 453.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 453.6 m 421.5 453.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 453.6 m 465.5 453.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 453.6 m 513.5 453.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 453.6 m 517.5 453.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517.5 453.6 m 561.5 453.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 438.6 m 417.5 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 438.6 m 421.5 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 438.6 m 465.5 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 438.6 m 417.5 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 423.6 m 417.5 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 438.6 m 421.5 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 438.6 m 465.5 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 423.6 m 465.5 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 423.6 m 513.5 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517.5 423.6 m 561.5 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 423.6 m 417.5 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 423.6 m 465.5 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 423.6 m 513.5 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517.5 423.6 m 561.5 423.6 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 458.27 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.05 457.83 Td (October) Tj ET Q q 0 0 0 rg BT 419.97 457.83 Td ( 31, 2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 493.75 457.83 Td (2020 Expense) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.70 442.83 Td (Obligations) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 472.00 442.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 520.00 442.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 427.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 383.15 427.83 Td (Pension) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 434.10 427.83 Td (OPEB) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 479.65 427.83 Td (Pension) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.60 427.83 Td (OPEB) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 413.28 Td (Discount rate:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 413.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.00 413.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.00 413.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.00 413.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 398.27 Td (Increase of 1.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.50 398.17 Td (.............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 376.00 398.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.30 398.33 Td (\(287) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 413.65 398.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 424.00 398.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.30 398.33 Td (\(101) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.65 398.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.00 398.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 504.65 398.28 Td (4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 520.00 398.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.65 398.28 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 383.27 Td (Decrease of 1.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.50 383.17 Td (...........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 398.65 383.28 Td (339) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.65 383.28 Td (120) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 501.30 383.33 Td (\(6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.65 383.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.30 383.33 Td (\(8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 557.65 383.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 368.28 Td (Expected r) Tj ET Q q 0 0 0 rg BT 98.20 368.28 Td (eturn on assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 353.27 Td (Increase of 1.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.50 353.17 Td (.............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.65 353.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.65 353.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 496.30 353.33 Td (\(20) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.65 353.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.30 353.33 Td (\(3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 557.65 353.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 338.27 Td (Decrease of 1.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.50 338.17 Td (...........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.65 338.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.65 338.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.65 338.28 Td (20) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.65 338.28 Td (3) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 317.60 Td (As modeled above, net periodic postretirement benefits expense is not highly sensitive to changes in discount rates in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.60 Td (current interest rate environment due to the relatively short duration of the closed plans. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 284.60 Td (Income T) Tj ET Q q 0 0 0 rg BT 86.07 284.60 Td (axes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 266.60 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 266.60 Td (e account for income taxes using the asset and liability method. Under this method, deferred tax assets and liabilities are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 254.60 Td (recognized for the estimated future tax consequences attributable to dif) Tj ET Q q 0 0 0 rg BT 333.37 254.60 Td (ferences between the financial statement carrying values ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 242.60 Td (of existing assets and liabilities and their respective tax bases. Deferred tax assets are also recorded with respect to net operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 230.60 Td (losses and other tax attribute carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates in ef) Tj ET Q q 0 0 0 rg BT 529.41 230.60 Td (fect for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 218.60 Td (the years in which temporary dif) Tj ET Q q 0 0 0 rg BT 179.55 218.60 Td (ferences are expected to be recovered or settled. ) Tj ET Q q 0 0 0 rg BT 373.98 218.60 Td (V) Tj ET Q q 0 0 0 rg BT 380.10 218.60 Td (aluation allowances are established when, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 206.60 Td (based on currently available information, it is more likely than not that all or a portion of a deferred tax asset will not be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 194.60 Td (realized. ) Tj ET Q q 0 0 0 rg BT 85.96 194.60 Td (The ef) Tj ET Q q 0 0 0 rg BT 111.59 194.60 Td (fect on deferred tax assets and liabilities of a change in tax rates is recognized in the income from continuing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 182.60 Td (operations in the period that includes the enactment date. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 164.60 Td (The ultimate recovery of deferred tax assets is dependent upon the amount and timing of future taxable income and other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 152.60 Td (factors such as the taxing jurisdiction in which the asset is to be recovered. ) Tj ET Q q 0 0 0 rg BT 350.25 152.60 Td (A) Tj ET Q q 0 0 0 rg BT 356.92 152.60 Td ( high degree of judgment is required to determine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 140.60 Td (if, and the extent to which, valuation allowances should be recorded against deferred tax assets. ) Tj ET Q q 0 0 0 rg BT 433.63 140.60 Td (W) Tj ET Q q 0 0 0 rg BT 442.27 140.60 Td (e have provided valuation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 128.60 Td (allowances at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.14 128.60 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.85 128.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.29 128.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.29 128.60 Td ( aggregating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.49 128.60 Td ($2.0 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.60 128.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.04 128.60 Td ($2.2 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.15 128.60 Td (, respectively) Tj ET Q q 0 0 0 rg BT 431.81 128.60 Td (, against such assets based on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 116.60 Td (our assessment of past operating results, estimates of future taxable income, and the feasibility of tax planning strategies. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 104.60 Td (Although we believe that our approach to estimates and judgments as described herein is reasonable, actual results could dif) Tj ET Q q 0 0 0 rg BT 545.55 104.60 Td (fer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 92.60 Td (and we may be exposed to increases or decreases in income taxes that could be material. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 74.60 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 74.60 Td (e recognize the tax benefit from an uncertain tax position claimed or expected to be claimed on a tax return only if it is more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 62.60 Td (likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 50.60 Td (position. ) Tj ET Q q 0 0 0 rg BT 86.55 50.60 Td (The tax benefits recognized in the financial statements from such a position are measured based on the lar) Tj ET Q q 0 0 0 rg BT 509.82 50.60 Td (gest benefit ) Tj ET Q endstream endobj 95 0 obj <> endobj 96 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (that has a greater than fifty percent likelihood of being realized upon ultimate settlement. ) Tj ET Q q 0 0 0 rg BT 407.80 731.10 Td (W) Tj ET Q q 0 0 0 rg BT 416.44 731.10 Td (e recognize interest and penalties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (related to uncertain tax positions as part of ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 222.22 719.10 Td (Income tax expense. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 701.10 Td (e apply the intraperiod tax allocation rules to allocate income taxes among continuing operations, discontinued operations, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (other comprehensive income \(loss\), and additional paid-in capital when we meet the criteria as prescribed in the guidance.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (Impairment of Long-Lived ) Tj ET Q q 0 0 0 rg BT 157.37 671.10 Td (Assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 653.10 Td (e test long-lived assets \(other than goodwill and intangible assets with indefinite lives\) or asset groups for recoverability when ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (events and circumstances indicate that the carrying value of an asset or asset group may not be recoverable. Estimates of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.10 Td (undiscounted future cash flows used to test the recoverability of a long-lived asset or asset group include only the future cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (flows that are directly associated with and that are expected to arise as a direct result of the use and eventual disposition of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (asset or asset group. If the asset or asset group is determined to not be recoverable, an impairment loss is measured as the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.10 Td (amount by which the carrying amount of the long-lived asset or asset group exceeds its fair value.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (Our impairment loss calculations require us to apply judgments in estimating future cash flows and asset fair values. ) Tj ET Q q 0 0 0 rg BT 517.26 575.10 Td (This ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (judgment includes developing cash flow projections and, at times, assessing probability weightings to certain business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (scenarios. Other long-lived assets could become impaired in the future or require additional char) Tj ET Q q 0 0 0 rg BT 435.30 551.10 Td (ges as a result of declines in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (profitability due to changes in volume, market pricing, cost, manner in which an asset is used, expectation of sale or disposal of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 527.10 Td (an asset, physical condition of an asset, laws and regulations, or the business environment. Significant adverse changes to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 515.10 Td (business environment and future cash flows could cause us to record additional impairment char) Tj ET Q q 0 0 0 rg BT 434.49 515.10 Td (ges in future periods, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 503.10 Td (could be material.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 485.10 Td (Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 467.10 Td (e account for a contract when it has approval and commitment from both parties, the rights of the parties are identified, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.10 Td (payment terms are identified, the contract has commercial substance and collectability of consideration is probable. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.10 Td (Sales arrangements with U.S. fleet customers are often complex and non-standard, and may include pricing allowances and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (other sales incentives, such as rebates, financing incentives, and residual value guarantees, for which losses are generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (capped. Sales to fleet customers are recognized in accordance with the terms of each contract. In certain arrangements, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (evaluation of financing incentives and residual value guarantees may result in the transaction being recorded as a borrowing or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (operating lease, as we retain control in the leased property) Tj ET Q q 0 0 0 rg BT 281.54 389.10 Td (. Concurrent with our recognition of revenue, we recognize price ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.10 Td (allowances and the cost of incentive programs in the normal course of business based on programs of) Tj ET Q q 0 0 0 rg BT 454.76 377.10 Td (fered to our fleet ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.10 Td (customers.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 347.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 59.13 347.10 Td (oduct W) Tj ET Q q 0 0 0 rg BT 91.26 347.10 Td (arranty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 329.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 329.10 Td (e generally of) Tj ET Q q 0 0 0 rg BT 112.93 329.10 Td (fer one to five-year warranty coverage for our truck, bus, and engine products, as well as our service parts. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 317.10 Td (T) Tj ET Q q 0 0 0 rg BT 54.91 317.10 Td (erms and conditions vary by product, customer) Tj ET Q q 0 0 0 rg BT 242.52 317.10 Td (, and country) Tj ET Q q 0 0 0 rg BT 294.36 317.10 Td (. ) Tj ET Q q 0 0 0 rg BT 299.18 317.10 Td (W) Tj ET Q q 0 0 0 rg BT 307.82 317.10 Td (e accrue warranty related costs under standard warranty terms ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.10 Td (and for certain claims outside the contractual obligation period that we choose to pay as accommodations to our customers. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 287.10 Td (Our warranty estimates are established using historical information about the nature, frequency) Tj ET Q q 0 0 0 rg BT 429.28 287.10 Td (, timing, and average cost of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 275.10 Td (warranty claims. ) Tj ET Q q 0 0 0 rg BT 118.46 275.10 Td (W) Tj ET Q q 0 0 0 rg BT 127.10 275.10 Td (arranty claims are influenced by numerous factors, including new product introductions, technological ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 263.10 Td (developments, the competitive environment, the design and manufacturing process, and the complexity and related costs of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 251.10 Td (component parts. ) Tj ET Q q 0 0 0 rg BT 120.69 251.10 Td (W) Tj ET Q q 0 0 0 rg BT 129.33 251.10 Td (e estimate our warranty accrual for our engines and trucks based on engine types and model years. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 239.10 Td (warranty accruals take into account the projected ultimate cost-per) Tj ET Q q 0 0 0 rg BT 315.29 239.10 Td (-unit \("CPU"\) utilizing historical claims information. ) Tj ET Q q 0 0 0 rg BT 529.63 239.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 227.10 Td (CPU represents the total cash projected to be spent for warranty claims for a particular model year during the warranty period, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 215.10 Td (divided by the number of units sold. ) Tj ET Q q 0 0 0 rg BT 196.53 215.10 Td (The projection of the ultimate CPU is af) Tj ET Q q 0 0 0 rg BT 357.14 215.10 Td (fected by component failure rates, repair costs, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.10 Td (the timing of failures in the product life cycle. ) Tj ET Q q 0 0 0 rg BT 235.93 203.10 Td (W) Tj ET Q q 0 0 0 rg BT 244.56 203.10 Td (arranty claims inherently have a high amount of variability in timing and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.10 Td (severity and can be influenced by external factors. Our warranty estimation process takes into consideration numerous variables ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.10 Td (that contribute to the precision of the estimate, but also add to the complexity of the model. Including numerous variables also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.10 Td (reduces the sensitivity of the model to any one variable. ) Tj ET Q q 0 0 0 rg BT 275.09 167.10 Td (W) Tj ET Q q 0 0 0 rg BT 283.72 167.10 Td (e perform periodic reviews of warranty spend data to allow for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.10 Td (timely consideration of the ef) Tj ET Q q 0 0 0 rg BT 167.06 155.10 Td (fects on warranty accruals. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.10 Td (Initial warranty estimates for new model year products are based on the previous model year product's warranty experience ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 125.10 Td (until the new product progresses suf) Tj ET Q q 0 0 0 rg BT 194.01 125.10 Td (ficiently through its life cycle and related claims data becomes mature. Historically) Tj ET Q q 0 0 0 rg BT 526.02 125.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 113.10 Td (warranty claims experience for launch-year products has been higher compared to the prior model-year engines; however) Tj ET Q q 0 0 0 rg BT 534.73 113.10 Td (, over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.10 Td (time we have been able to refine both the design and manufacturing process to reduce both the volume and the severity of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 89.10 Td (warranty claims. New product launches require a greater use of judgment in developing estimates until historical experience ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 77.10 Td (becomes available. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 59.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 59.10 Td (e record adjustments to pre-existing warranties for changes in our estimate of warranty costs for products sold in prior fiscal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 47.10 Td (years. Such adjustments typically occur when claims experience deviates from historic and expected trends. ) Tj ET Q q 0 0 0 rg BT 483.06 47.10 Td (W) Tj ET Q q 0 0 0 rg BT 491.70 47.10 Td (e recognized a ) Tj ET Q endstream endobj 97 0 obj <> endobj 98 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (char) Tj ET Q q 0 0 0 rg BT 66.53 731.10 Td (ge for adjustments to pre-existing warranties of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.42 731.10 Td ($3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.81 731.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.59 731.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.59 731.10 Td (, and a benefit for adjustments to pre-existing warranties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 719.10 Td ($9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.72 719.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.50 719.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.50 719.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.94 719.10 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.33 719.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.11 719.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.11 719.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 280.77 719.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (When we identify cost ef) Tj ET Q q 0 0 0 rg BT 149.84 701.10 Td (fective opportunities to address issues in products sold or corrective actions for safety issues, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (initiate product recalls or field campaigns. ) Tj ET Q q 0 0 0 rg BT 220.28 689.10 Td (As a result of the uncertainty surrounding the nature and frequency of product recalls ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (and field campaigns, the liability for such actions is generally recorded when we commit to a product recall or field campaign. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (In each subsequent quarter after a recall or field campaign is initiated the recorded liability balance is analyzed, reviewed, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (adjusted if necessary to reflect any changes in the anticipated average cost of repair or number of repairs to be completed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (prospectively) Tj ET Q q 0 0 0 rg BT 102.72 641.10 Td (. Included in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.49 641.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.49 641.10 Td ( warranty expense was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.78 641.10 Td ($27 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.17 641.10 Td ( of char) Tj ET Q q 0 0 0 rg BT 345.53 641.10 Td (ges related to new field campaign issuances as well as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.10 Td (changes in estimates of previously issued campaigns, as compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.04 629.10 Td ($10 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.43 629.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.87 629.10 Td ($21 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.26 629.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.04 629.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.04 629.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.48 629.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.48 629.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 617.10 Td (. ) Tj ET Q q 0 0 0 rg BT 101.98 617.10 Td (The char) Tj ET Q q 0 0 0 rg BT 137.05 617.10 Td (ges were primarily recognized as adjustments to pre-existing warranties. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.10 Td (As we continue to identify opportunities to improve the design and manufacturing of our engines we may incur additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (char) Tj ET Q q 0 0 0 rg BT 66.53 587.10 Td (ges for product recalls and field campaigns to address identified issues.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (Optional extended warranty contracts can be purchased for periods ranging from one to ten years. ) Tj ET Q q 0 0 0 rg BT 442.51 569.10 Td (W) Tj ET Q q 0 0 0 rg BT 451.15 569.10 Td (arranty revenues related to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.10 Td (extended warranty contracts are amortized to income, over the life of the contract, \(a\) in 2019 in proportion to the costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.10 Td (expected to be incurred in satisfying the obligation under the contract and \(b\) in 2018 and 2017 using the straight-line method. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.10 Td (Costs under extended warranty contracts are expensed as incurred. ) Tj ET Q q 0 0 0 rg BT 318.10 533.10 Td (W) Tj ET Q q 0 0 0 rg BT 326.74 533.10 Td (e recognize losses on defined pools of extended warranty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (contracts when the expected costs for a given pool of contracts exceed related unearned revenue. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.60 521.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.60 521.10 Td (, we recognized a net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.10 Td (benefit of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.59 509.10 Td ($14 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.99 509.10 Td ( related to extended warranty contracts on our proprietary Big-Bore engines, which includes a benefit of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td ($13 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.89 497.10 Td ( related to pre-existing warranties. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.11 497.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.11 497.10 Td (, we recognized a net benefit of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.38 497.10 Td ($29 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.77 497.10 Td ( related to extended warranty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.10 Td (contracts on our proprietary Big-Bore engines, which includes a benefit of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.41 485.10 Td ($33 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.80 485.10 Td (related to pre-existing warranties. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 473.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 473.10 Td (, we recognized a net char) Tj ET Q q 0 0 0 rg BT 173.70 473.10 Td (ge of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.47 473.10 Td ($8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.86 473.10 Td ( related to extended warranty contracts on our proprietary Big-Bore engines, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.10 Td (which includes a char) Tj ET Q q 0 0 0 rg BT 136.23 461.10 Td (ge of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.00 461.10 Td ($3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.39 461.10 Td ( related to pre-existing warranties. Future warranty experience, pricing of extended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.10 Td (warranty contracts, and external market factors may cause us to recognize additional char) Tj ET Q q 0 0 0 rg BT 407.21 449.10 Td (ges as losses on extended service ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.10 Td (contracts in future periods.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 419.10 Td (When collection is reasonably assured, we also estimate the amount of warranty claim recoveries to be received from our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.10 Td (suppliers and record them in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 165.86 407.10 Td (Other curr) Tj ET Q q 0 0 0 rg BT 208.54 407.10 Td (ent assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.15 407.10 Td ( and ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 266.58 407.10 Td (Other noncurr) Tj ET Q q 0 0 0 rg BT 324.27 407.10 Td (ent assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.87 407.10 Td (. Recoveries related to specific product recalls, in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 395.10 Td (which a supplier confirms its liability under the recall, are recorded in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 331.35 395.10 Td (T) Tj ET Q q 0 0 0 rg BT 336.36 395.10 Td (rade and other r) Tj ET Q q 0 0 0 rg BT 401.81 395.10 Td (eceivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.67 395.10 Td (. ) Tj ET Q q 0 0 0 rg BT 465.49 395.10 Td (W) Tj ET Q q 0 0 0 rg BT 474.13 395.10 Td (arranty costs and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 383.10 Td (recoveries are included in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 155.00 383.10 Td (Costs of pr) Tj ET Q q 0 0 0 rg BT 198.53 383.10 Td (oducts sold) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.81 383.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.10 Td (Although we believe that the estimates and judgments discussed herein are reasonable, actual results could dif) Tj ET Q q 0 0 0 rg BT 489.74 365.10 Td (fer and we may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 353.10 Td (be exposed to increases or decreases in our warranty accrual that could be material.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 335.10 Td (Recently Issued ) Tj ET Q q 0 0 0 rg BT 116.35 335.10 Td (Accounting Standards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 317.10 Td (The information required to be set forth under this heading is incorporated by reference from Note 1, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 455.47 317.10 Td (Summary of Significant ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 305.10 Td (Accounting Policies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.75 305.10 Td (, to the consolidated financial statements included in Part II, Item 8.) Tj ET Q endstream endobj 99 0 obj <> endobj 100 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (49) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 731.25 Td (Item 7A. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 103.50 731.25 Td (Quantitative and Qualitative Disclosures about Market Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (Our primary market risks include fluctuations in interest rates and currency exchange rates. ) Tj ET Q q 0 0 0 rg BT 416.96 713.25 Td (W) Tj ET Q q 0 0 0 rg BT 425.60 713.25 Td (e are also exposed to changes in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.25 Td (the prices of commodities used in our Manufacturing operations. Commodity price risk related to our current commodity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.25 Td (financial instruments are not material. ) Tj ET Q q 0 0 0 rg BT 203.71 689.25 Td (W) Tj ET Q q 0 0 0 rg BT 212.35 689.25 Td (e do not hold a material portfolio of market risk sensitive instruments for trading ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.25 Td (purposes. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 659.25 Td (e have established policies and procedures to manage sensitivity to interest rate and foreign currency exchange rate market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.25 Td (risk. ) Tj ET Q q 0 0 0 rg BT 69.32 647.25 Td (These procedures include the monitoring of our level of exposure to each market risk, the funding of variable rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 635.25 Td (receivables primarily with variable rate debt, and limiting the amount of fixed rate receivables that may be funded with floating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.25 Td (rate debt. ) Tj ET Q q 0 0 0 rg BT 89.02 623.25 Td (These procedures also include the use of derivative financial instruments to mitigate the ef) Tj ET Q q 0 0 0 rg BT 450.66 623.25 Td (fects of interest rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.25 Td (fluctuations and to reduce our exposure to exchange rate risk. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 590.25 Td (Inter) Tj ET Q q 0 0 0 rg BT 70.98 590.25 Td (est rate risk ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 572.25 Td (Interest rate risk is the risk that we will incur economic losses due to adverse changes in interest rates. ) Tj ET Q q 0 0 0 rg BT 459.75 572.25 Td (W) Tj ET Q q 0 0 0 rg BT 468.39 572.25 Td (e measure our interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 560.25 Td (rate risk by estimating the net amount by which the fair value of all of our interest rate sensitive assets and liabilities would be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 548.25 Td (impacted by selected hypothetical changes in market interest rates. ) Tj ET Q q 0 0 0 rg BT 318.29 548.25 Td (At both ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.07 548.25 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.77 548.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.21 548.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.21 548.25 Td (, the net fair value of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 536.25 Td (liabilities with exposure to interest rate risk was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.34 536.25 Td ($5 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.96 536.25 Td (. ) Tj ET Q q 0 0 0 rg BT 286.40 536.25 Td (Assuming a hypothetical instantaneous ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.27 536.25 Td (10%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.60 536.25 Td ( adverse change in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 524.25 Td (interest rates as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.47 524.25 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.18 524.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.62 524.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.62 524.25 Td (, the fair value of these liabilities would increase by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.71 524.25 Td ($142 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.10 524.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.54 524.25 Td ($139 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 512.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 512.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 131.05 512.25 Td (. ) Tj ET Q q 0 0 0 rg BT 135.50 512.25 Td (At both ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.28 512.25 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.99 512.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.42 512.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.42 512.25 Td (, the net fair value of our assets with exposure to interest rate risk was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 500.25 Td ($2 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.11 500.25 Td (. Interest rate risk is minimal as these assets are lar) Tj ET Q q 0 0 0 rg BT 290.36 500.25 Td (gely short-term in nature. ) Tj ET Q q 0 0 0 rg BT 393.95 500.25 Td (Assuming a hypothetical instantaneous ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 488.25 Td (10%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.83 488.25 Td ( adverse change in interest rates as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.43 488.25 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.14 488.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.58 488.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.58 488.25 Td (, the fair value of these assets would decrease by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.45 488.25 Td ($5 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 476.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 476.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.83 476.25 Td ($4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.22 476.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 191.88 476.25 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 455.25 Td (Commodity price risk ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 437.25 Td (e are exposed to changes in the prices of commodities, particularly for aluminum, copper) Tj ET Q q 0 0 0 rg BT 414.01 437.25 Td (, precious metals, resins, diesel fuel, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.25 Td (and steel and their impact on the acquisition cost of various parts used in our Manufacturing operations. ) Tj ET Q q 0 0 0 rg BT 466.99 425.25 Td (W) Tj ET Q q 0 0 0 rg BT 475.63 425.25 Td (e have been able to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.25 Td (mitigate the ef) Tj ET Q q 0 0 0 rg BT 107.07 413.25 Td (fects of price increases via a combination of design changes, material substitution, global sourcing, and price ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.25 Td (performance. In certain cases, we use derivative instruments to reduce exposure to price changes. During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.11 401.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.11 401.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.55 401.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.55 401.25 Td (, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.25 Td (purchased approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.80 389.25 Td ($506 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.19 389.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.63 389.25 Td ($403 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.02 389.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 327.68 389.25 Td (, of commodities subject to market risk. ) Tj ET Q q 0 0 0 rg BT 488.48 389.25 Td (Assuming a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.25 Td (hypothetical instantaneous ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.36 377.25 Td (10%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.69 377.25 Td ( adverse change in commodity pricing, we would have incurred additional costs of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.37 377.25 Td ($51 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 555.76 377.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.44 365.25 Td ($40 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.83 365.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.61 365.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.61 365.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.05 365.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.05 365.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 237.71 365.25 Td (. Commodity price risk associated with our derivative position at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.60 365.25 Td (October 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 353.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 353.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.94 353.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.94 353.25 Td ( is not material to our operating results or financial position.) Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 49.50 332.25 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.75 332.25 Td (For) Tj ET Q q 0 0 0 rg BT 65.12 332.25 Td (eign curr) Tj ET Q q 0 0 0 rg BT 104.09 332.25 Td (ency risk ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 314.25 Td (Foreign currency risk is the risk that we will incur economic losses due to adverse changes in foreign currency exchange rates. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 302.25 Td (Our primary exposures to foreign currency exchange rate fluctuations are the Canadian dollar/U.S.dollar) Tj ET Q q 0 0 0 rg BT 469.78 302.25 Td (, Mexican peso/) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 290.25 Td (U.S.dollar) Tj ET Q q 0 0 0 rg BT 92.71 290.25 Td (, euro/U.S. dollar) Tj ET Q q 0 0 0 rg BT 161.46 290.25 Td (, and Brazilian real/U.S.dollar) Tj ET Q q 0 0 0 rg BT 283.37 290.25 Td (. ) Tj ET Q q 0 0 0 rg BT 287.82 290.25 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.32 290.25 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.03 290.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.47 290.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.47 290.25 Td (, the net fair value of our liabilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 278.25 Td (with exposure to foreign currency risk was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.06 278.25 Td ($159 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.45 278.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.89 278.25 Td ($260 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.28 278.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 397.94 278.25 Td (. ) Tj ET Q q 0 0 0 rg BT 402.39 278.25 Td (Assuming that no of) Tj ET Q q 0 0 0 rg BT 483.60 278.25 Td (fsetting derivative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 266.25 Td (financial instruments exist, the reduction in earnings from a hypothetical instantaneous ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.41 266.25 Td (10%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.74 266.25 Td ( adverse change in quoted foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 254.25 Td (currency spot rates applied to foreign currency sensitive instruments would be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.69 254.25 Td ($16 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.08 254.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.52 254.25 Td ($26 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.91 254.25 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.12 254.25 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.83 254.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 242.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.44 242.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.44 242.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 139.10 242.25 Td (. ) Tj ET Q q 0 0 0 rg BT 143.55 242.25 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.05 242.25 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.75 242.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.19 242.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.19 242.25 Td (, the net fair value of our assets with exposure to foreign currency risk ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 230.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.55 230.25 Td ($108 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.94 230.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.38 230.25 Td ($180 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.77 230.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 242.43 230.25 Td (. ) Tj ET Q q 0 0 0 rg BT 246.88 230.25 Td (Assuming that no of) Tj ET Q q 0 0 0 rg BT 328.09 230.25 Td (fsetting derivative financial instruments exist, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 218.25 Td (reduction in earnings from a hypothetical instantaneous ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.16 218.25 Td (10%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.49 218.25 Td ( adverse change in quoted foreign currency spot rates applied to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 206.25 Td (foreign currency sensitive instruments would be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.45 206.25 Td ($1) Tj ET Q q 0 0 0 rg BT 254.08 206.25 Td (1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.47 206.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.91 206.25 Td ($18 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.30 206.25 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.52 206.25 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.23 206.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.66 206.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.66 206.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 530.33 206.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 188.25 Td (For further information regarding fair value estimates, please see Note13, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 348.56 188.25 Td (Fair V) Tj ET Q q 0 0 0 rg BT 373.84 188.25 Td (alue Measur) Tj ET Q q 0 0 0 rg BT 423.74 188.25 Td (ements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.51 188.25 Td ( to the accompanying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 176.25 Td (consolidated financial statements.) 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In our opinion, the consolidated financial statements present fairly) Tj ET Q q 0 0 0 rg BT 524.16 623.25 Td (, in all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.25 Td (material respects, the financial position of the Company as of October 31, 2019 and 2018, and the results of its operations and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.25 Td (its ) Tj ET Q q 0 0 0 rg BT 61.45 599.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 81.72 599.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 106.44 599.25 Td (for ) Tj ET Q q 0 0 0 rg BT 120.60 599.25 Td (each ) Tj ET Q q 0 0 0 rg BT 141.41 599.25 Td (of ) Tj ET Q q 0 0 0 rg BT 152.24 599.25 Td (the ) Tj ET Q q 0 0 0 rg BT 166.96 599.25 Td (years ) Tj ET Q q 0 0 0 rg BT 190.56 599.25 Td (in ) Tj ET Q q 0 0 0 rg BT 200.84 599.25 Td (the ) Tj ET Q q 0 0 0 rg BT 215.55 599.25 Td (three) Tj ET Q /GS0 gs q 3.00 0 0 10.09 235.54 597.09 cm /I35 Do Q q 0 0 0 rg BT 238.54 599.25 Td (year ) Tj ET Q q 0 0 0 rg BT 258.25 599.25 Td (period ) Tj ET Q q 0 0 0 rg BT 286.29 599.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 312.67 599.25 Td (October ) Tj ET Q q 0 0 0 rg BT 347.38 599.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 362.38 599.25 Td (2019, ) Tj ET Q q 0 0 0 rg BT 387.38 599.25 Td (in ) Tj ET Q q 0 0 0 rg BT 397.65 599.25 Td (conformity ) Tj ET Q q 0 0 0 rg BT 444.59 599.25 Td (with ) Tj ET Q q 0 0 0 rg BT 464.87 599.25 Td (U.S.generally ) Tj ET Q q 0 0 0 rg BT 524.85 599.25 Td (accepted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.25 Td (accounting principles.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 569.25 Td (e also have audited, in accordance with the standards of the Public Company ) Tj ET Q q 0 0 0 rg BT 366.94 569.25 Td (Accounting Oversight Board \(United States\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.25 Td (\(PCAOB\), the Company) Tj ET Q q 0 0 0 rg BT 150.89 557.25 Td (s internal control over financial reporting as of October 31, 2019, based on criteria established in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.25 Td (Internal Control - Integrated Framework \(2013\) issued by the Committee of Sponsoring Or) Tj ET Q q 0 0 0 rg BT 413.69 545.25 Td (ganizations of the ) Tj ET Q q 0 0 0 rg BT 487.10 545.25 Td (T) Tj ET Q q 0 0 0 rg BT 492.85 545.25 Td (readway ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.25 Td (Commission, and our report dated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.37 533.25 Td (December17, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.95 533.25 Td ( expressed an unqualified opinion on the ef) Tj ET Q q 0 0 0 rg BT 439.22 533.25 Td (fectiveness of the Company) Tj ET Q q 0 0 0 rg BT 553.36 533.25 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.25 Td (internal control over financial reporting.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 503.25 Td (Basis for Opinion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.25 Td (These consolidated financial statements are the responsibility of the Company) Tj ET Q q 0 0 0 rg BT 364.69 485.25 Td (s management. Our responsibility is to express ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 473.25 Td (an opinion on these consolidated financial statements based on our audits. ) Tj ET Q q 0 0 0 rg BT 347.58 473.25 Td (W) Tj ET Q q 0 0 0 rg BT 356.22 473.25 Td (e are a public accounting firm registered with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.25 Td (PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.25 Td (and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 431.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 431.25 Td (e conducted our audits in accordance with the standards of the PCAOB. ) Tj ET Q q 0 0 0 rg BT 347.60 431.25 Td (Those standards require that we plan and perform the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 419.25 Td (audit to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.25 Td (whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 395.25 Td (consolidated financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 383.25 Td (procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.25 Td (statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.25 Td (as well as evaluating the overall presentation of the consolidated financial statements. ) Tj ET Q q 0 0 0 rg BT 394.48 359.25 Td (W) Tj ET Q q 0 0 0 rg BT 403.12 359.25 Td (e believe that our audits provide a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.25 Td (reasonable basis for our opinion.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 329.25 Td (Critical ) Tj ET Q q 0 0 0 rg BT 82.93 329.25 Td (Audit Matters) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.25 Td (The critical audit matters communicated below are matters arising from the current period audit of the consolidated financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 299.25 Td (statements that were communicated or required to be communicated to the audit committee and that: \(1\) relate to accounts or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 287.25 Td (disclosures that are material to the consolidated financial statements and \(2\) involved our especially challenging, subjective, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 275.25 Td (complex judgments. ) Tj ET Q q 0 0 0 rg BT 132.92 275.25 Td (The communication of critical audit matters does not alter in any way our opinion on the consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 263.25 Td (financial statements, taken as a whole, and we are not, by communicating the critical audit matters below) Tj ET Q q 0 0 0 rg BT 469.54 263.25 Td (, providing separate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 251.25 Td (opinions on the critical audit matters or on the accounts or disclosures to which they relate.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 233.25 Td (Identification and Evaluation of Sales Incentives for Fleet Customers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 215.25 Td (As discussed in Note 1 to the consolidated financial statements, the Company recognizes price allowances and the cost of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.25 Td (incentive programs to fleet customers in connection with sales arrangements. Specifically) Tj ET Q q 0 0 0 rg BT 407.35 203.25 Td (, sales arrangements with U.S. fleet ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.25 Td (customers are often complex and non-standard, and may include price allowances and other sales incentives, such as rebates, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.25 Td (residual value guarantees, and financing incentives. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 161.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 161.25 Td (e determined the identification and evaluation of sales incentives of) Tj ET Q q 0 0 0 rg BT 328.14 161.25 Td (fered to U.S. fleet customers to be a critical audit matter ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 149.25 Td (because ascertaining the population of sales incentives and contract terms is challenging to test due to the number) Tj ET Q q 0 0 0 rg BT 503.68 149.25 Td (, variability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.25 Td (and combination of contracts with U.S. fleet customers. In addition, evaluating the accounting impact of certain sales incentives ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 125.25 Td (is complex including measurement and timing of revenue recognition. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 107.25 Td (The primary procedures we performed to address this critical audit matter included the following. ) Tj ET Q q 0 0 0 rg BT 442.24 107.25 Td (W) Tj ET Q q 0 0 0 rg BT 450.88 107.25 Td (e tested certain internal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 95.25 Td (controls over the Company) Tj ET Q q 0 0 0 rg BT 160.87 95.25 Td (s process to identify the relevant terms in sales agreements, assess the associated accounting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 83.25 Td (impacts and authorize special pricing. ) Tj ET Q q 0 0 0 rg BT 205.65 83.25 Td (W) Tj ET Q q 0 0 0 rg BT 214.29 83.25 Td (e selected a sample of contracts to read and assessed the accounting treatment for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.25 Td (significant fleet sales agreements entered into during the year and in the process of being negotiated. ) Tj ET Q q 0 0 0 rg BT 453.90 71.25 Td (W) Tj ET Q q 0 0 0 rg BT 462.54 71.25 Td (e also inspected the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 59.25 Td (sample of contracts to evaluate the population and treatment of sales incentives identified by the Company) Tj ET Q q 0 0 0 rg BT 475.11 59.25 Td (, and to assess new or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 47.25 Td (unusual terms that may have an accounting impact. Representations of the Company were obtained to assess the listing of ) Tj ET Q endstream endobj 105 0 obj <> endobj 106 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (existing and in-process agreements and new incentives, and to determine the contractual terms constituted the entirety of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (arrangements. Further) Tj ET Q q 0 0 0 rg BT 137.40 719.10 Td (, we evaluated the Company) Tj ET Q q 0 0 0 rg BT 253.75 719.10 Td (s representations by externally confirming the contractual terms and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 707.10 Td (population of agreements with fleet customers.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (Evaluation of Pr) Tj ET Q q 0 0 0 rg BT 115.79 689.10 Td (oduct W) Tj ET Q q 0 0 0 rg BT 147.92 689.10 Td (arranty Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (As discussed in Note 1 to the consolidated financial statements, the Company) Tj ET Q q 0 0 0 rg BT 362.77 671.10 Td (s product warranty liabilities are estimated using ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.10 Td (an actuarial model which projects ultimate cost-per) Tj ET Q q 0 0 0 rg BT 254.22 659.10 Td (-unit \(CPU\) based on historical information about warranty claims which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.10 Td (are influenced by numerous factors and are inherently variable as to frequency and severity) Tj ET Q q 0 0 0 rg BT 413.97 647.10 Td (. ) Tj ET Q q 0 0 0 rg BT 418.79 647.10 Td (T) Tj ET Q q 0 0 0 rg BT 424.20 647.10 Td (otal product warranty liabilities as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 635.10 Td (of October 31, 2019 were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.47 635.10 Td ($510 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.86 635.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 617.10 Td (e identified the evaluation of certain assumptions related to frequency and severity of claims in determining the ultimate CPU ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (used in the Company) Tj ET Q q 0 0 0 rg BT 136.99 605.10 Td (s models to estimate the product warranty liabilities as a critical audit matter) Tj ET Q q 0 0 0 rg BT 441.90 605.10 Td (. Evaluating the Company) Tj ET Q q 0 0 0 rg BT 549.10 605.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.10 Td (assumptions relating to the frequency and severity of future claims involved a higher degree of auditor judgment. Further) Tj ET Q q 0 0 0 rg BT 533.96 593.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.10 Td (specialized actuarial skills were needed to assess the Company) Tj ET Q q 0 0 0 rg BT 303.30 581.10 Td (s process and evaluate the assumptions regarding the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (determination of ultimate CPU and the impact of those assumptions on the models. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (The primary procedures we performed to address this critical audit matter included the following. ) Tj ET Q q 0 0 0 rg BT 442.24 551.10 Td (W) Tj ET Q q 0 0 0 rg BT 450.88 551.10 Td (e tested certain internal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (controls over the Company) Tj ET Q q 0 0 0 rg BT 160.87 539.10 Td (s warranty liability process, including controls related to development of the assumptions, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 527.10 Td (underlying warranty claims and the assessment of the qualifications of the actuary engaged by the Company) Tj ET Q q 0 0 0 rg BT 481.78 527.10 Td (. ) Tj ET Q q 0 0 0 rg BT 486.59 527.10 Td (W) Tj ET Q q 0 0 0 rg BT 495.23 527.10 Td (e identified and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 515.10 Td (considered the relevance, reliability) Tj ET Q q 0 0 0 rg BT 191.56 515.10 Td (, and suf) Tj ET Q q 0 0 0 rg BT 225.54 515.10 Td (ficiency of the sources of data used by the Company in developing the assumptions. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 503.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 503.10 Td (e involved an actuarial professional with specialized skills and knowledge to assist with: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 485.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 485.10 Td (the assessment of the Company) Tj ET Q q 0 0 0 rg BT 214.37 485.10 Td (s actuarial model for consistency with generally accepted actuarial standards, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 467.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 467.10 Td (the evaluation of certain of the assumptions used, including those related to frequency and severity of claims, in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 455.10 Td (determination of ultimate CPU, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 437.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 437.10 Td (the development of an independent expectation of certain of the assumptions used to estimate the Company) Tj ET Q q 0 0 0 rg BT 518.43 437.10 Td (s product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 425.10 Td (warranty liabilities using the Company) Tj ET Q q 0 0 0 rg BT 243.81 425.10 Td (s underlying historical claims data. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 407.10 Td (e compared the Company) Tj ET Q q 0 0 0 rg BT 163.38 407.10 Td (s prior period assumptions to subsequent actual reported claims including an evaluation of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 395.10 Td (accounting treatment related to adjustments to pre-existing product warranty liabilities. ) Tj ET Q q 0 0 0 rg BT 400.05 395.10 Td (W) Tj ET Q q 0 0 0 rg BT 408.68 395.10 Td (e also considered subsequent events ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 383.10 Td (and transactions, including claims data and trends relative to the assumptions used to estimate the Company) Tj ET Q q 0 0 0 rg BT 483.85 383.10 Td (s product warranty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.10 Td (liabilities. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.35 350.10 Td ( /s/ KPMG LLP) Tj ET Q q 0 0 0 rg BT 337.60 350.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 332.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 332.10 Td (e have served as the Company) Tj ET Q q 0 0 0 rg BT 182.26 332.10 Td (s auditor since 2006.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 314.10 Td (Chicago, Illinois) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 302.10 Td (December17, 2019) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 107 0 obj <> endobj 108 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (53) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 181.05 731.25 Td (Report of Independent Register) Tj ET Q q 0 0 0 rg BT 316.13 731.25 Td (ed Public ) Tj ET Q q 0 0 0 rg BT 357.81 731.25 Td (Accounting Firm) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.25 Td (T) Tj ET Q q 0 0 0 rg BT 54.91 701.25 Td (o the Stockholders and Board of Directors) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.25 Td (Navistar International Corporation:) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 665.25 Td (Opinion on Internal Contr) Tj ET Q q 0 0 0 rg BT 154.96 665.25 Td (ol Over Financial Reporting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 647.25 Td (e have audited Navistar International Corporation) Tj ET Q q 0 0 0 rg BT 259.46 647.25 Td (s and subsidiaries) Tj ET Q q 0 0 0 rg BT 332.59 647.25 Td ( \(the Company\) internal control over financial reporting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 635.25 Td (as of October 31, 2019, based on criteria established in Internal Control - Integrated Framework \(2013\) issued by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.25 Td (Committee of Sponsoring Or) Tj ET Q q 0 0 0 rg BT 165.70 623.25 Td (ganizations of the ) Tj ET Q q 0 0 0 rg BT 239.11 623.25 Td (T) Tj ET Q q 0 0 0 rg BT 244.87 623.25 Td (readway Commission. In our opinion, the Company maintained, in all material ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.25 Td (respects, ef) Tj ET Q q 0 0 0 rg BT 94.29 611.25 Td (fective internal control over financial reporting as of October 31, 2019, based on criteria established in Internal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.25 Td (Control - Integrated Framework \(2013\) issued by the Committee of Sponsoring Or) Tj ET Q q 0 0 0 rg BT 380.10 599.25 Td (ganizations of the ) Tj ET Q q 0 0 0 rg BT 453.50 599.25 Td (T) Tj ET Q q 0 0 0 rg BT 459.26 599.25 Td (readway Commission. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 581.25 Td (e also have audited, in accordance with the standards of the Public Company ) Tj ET Q q 0 0 0 rg BT 366.94 581.25 Td (Accounting Oversight Board \(United States\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.25 Td (\(PCAOB\), the consolidated balance sheets of the Company as of October 31, 2019 and 2018, the related consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.25 Td (statements of operations, comprehensive income, stockholders) Tj ET Q q 0 0 0 rg BT 302.30 557.25 Td ( deficit, and cash flows for each of the years in the three-year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.25 Td (period ended October 31, 2019, and the related notes \(collectively) Tj ET Q q 0 0 0 rg BT 312.92 545.25 Td (, the consolidated financial statements\), and our report dated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.25 Td (December17, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.08 533.25 Td ( expressed an unqualified opinion on those consolidated financial statements.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 515.25 Td (Basis for Opinion ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.25 Td (The Company) Tj ET Q q 0 0 0 rg BT 109.21 497.25 Td (s management is responsible for maintaining ef) Tj ET Q q 0 0 0 rg BT 298.43 497.25 Td (fective internal control over financial reporting and for its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.25 Td (assessment of the ef) Tj ET Q q 0 0 0 rg BT 129.57 485.25 Td (fectiveness of internal control over financial reporting, included in the accompanying Management) Tj ET Q q 0 0 0 rg BT 528.32 485.25 Td (s Report ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 473.25 Td (on Internal Control over Financial Reporting. Our responsibility is to express an opinion on the Company) Tj ET Q q 0 0 0 rg BT 474.44 473.25 Td (s internal control over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.25 Td (financial reporting based on our audit. ) Tj ET Q q 0 0 0 rg BT 204.55 461.25 Td (W) Tj ET Q q 0 0 0 rg BT 213.19 461.25 Td (e are a public accounting firm registered with the PCAOB and are required to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.25 Td (independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.25 Td (regulations of the Securities and Exchange Commission and the PCAOB.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 419.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 419.25 Td (e conducted our audit in accordance with the standards of the PCAOB. ) Tj ET Q q 0 0 0 rg BT 343.71 419.25 Td (Those standards require that we plan and perform the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.25 Td (audit to obtain reasonable assurance about whether ef) Tj ET Q q 0 0 0 rg BT 263.40 407.25 Td (fective internal control over financial reporting was maintained in all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 395.25 Td (material respects. Our audit of internal control over financial reporting included obtaining an understanding of internal control ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 383.25 Td (over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.25 Td (ef) Tj ET Q q 0 0 0 rg BT 57.09 371.25 Td (fectiveness of internal control based on the assessed risk. Our audit also included performing such other procedures as we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.25 Td (considered necessary in the circumstances. ) Tj ET Q q 0 0 0 rg BT 223.14 359.25 Td (W) Tj ET Q q 0 0 0 rg BT 231.78 359.25 Td (e believe that our audit provides a reasonable basis for our opinion.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 341.25 Td (Definition and Limitations of Internal Contr) Tj ET Q q 0 0 0 rg BT 226.08 341.25 Td (ol Over Financial Reporting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.25 Td (A) Tj ET Q q 0 0 0 rg BT 56.17 323.25 Td ( company) Tj ET Q q 0 0 0 rg BT 98.10 323.25 Td (s internal control over financial reporting is a process designed to provide reasonable assurance regarding the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.25 Td (reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 299.25 Td (accepted accounting principles. ) Tj ET Q q 0 0 0 rg BT 177.22 299.25 Td (A) Tj ET Q q 0 0 0 rg BT 183.89 299.25 Td ( company) Tj ET Q q 0 0 0 rg BT 225.83 299.25 Td (s internal control over financial reporting includes those policies and procedures ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 287.25 Td (that \(1\)pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 275.25 Td (dispositions of the assets of the company; \(2\)provide reasonable assurance that transactions are recorded as necessary to permit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 263.25 Td (preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 251.25 Td (expenditures of the company are being made only in accordance with authorizations of management and directors of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 239.25 Td (company; and \(3\)provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 227.25 Td (disposition of the company) Tj ET Q q 0 0 0 rg BT 160.88 227.25 Td (s assets that could have a material ef) Tj ET Q q 0 0 0 rg BT 306.47 227.25 Td (fect on the financial statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 209.25 Td (Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. ) Tj ET Q q 0 0 0 rg BT 517.70 209.25 Td (Also, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 197.25 Td (projections of any evaluation of ef) Tj ET Q q 0 0 0 rg BT 186.77 197.25 Td (fectiveness to future periods are subject to the risk that controls may become inadequate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 185.25 Td (because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.60 164.25 Td (/s/ KPMG LLP) Tj ET Q q 0 0 0 rg BT 336.35 164.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 146.25 Td (Chicago, Illinois) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 134.25 Td (December17, 2019) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 109 0 obj <> endobj 110 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 35.10 Td (54) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 740.25 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 740.25 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 222.50 728.25 Td (Consolidated Statements of Operations) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 704.75 m 464 704.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 704.75 m 468 704.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 704.75 m 513 704.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 704.75 m 517 704.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 704.75 m 562 704.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 691.75 m 464 691.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 691.75 m 513 691.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 691.75 m 562 691.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 647.75 m 464 647.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 632.75 m 464 632.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 647.75 m 513 647.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 632.75 m 513 632.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 647.75 m 562 647.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 632.75 m 562 632.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 513.75 m 464 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 513.75 m 513 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 513.75 m 562 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 483.75 m 464 483.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 483.75 m 513 483.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 483.75 m 562 483.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 483.75 m 464 483.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 453.75 m 464 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 453.75 m 513 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 453.75 m 562 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 453.75 m 464 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 453.75 m 513 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 453.75 m 562 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 423.75 m 464 423.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 423.75 m 513 423.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 423.75 m 562 423.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 423.75 m 464 423.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 423.75 m 513 423.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 423.75 m 562 423.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 393.75 m 464 393.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 393.75 m 513 393.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 393.75 m 562 393.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 393.75 m 464 393.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 379.75 m 464 379.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 377.75 m 464 377.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 379.75 m 513 379.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 377.75 m 513 377.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 379.75 m 562 379.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 377.75 m 562 377.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 327.75 m 464 327.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 313.75 m 464 313.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 311.75 m 464 311.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 327.75 m 513 327.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 313.75 m 513 313.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 311.75 m 513 311.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 327.75 m 562 327.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 313.75 m 562 313.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 311.75 m 562 311.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 248.75 m 464 248.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 234.75 m 464 234.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 232.75 m 464 232.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 248.75 m 513 248.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 234.75 m 513 234.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 232.75 m 513 232.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 248.75 m 562 248.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 234.75 m 562 234.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 232.75 m 562 232.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 184.75 m 464 184.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 170.75 m 464 170.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 168.75 m 464 168.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 184.75 m 513 184.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 170.75 m 513 170.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 168.75 m 513 168.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 184.75 m 562 184.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 170.75 m 562 170.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 168.75 m 562 168.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 233.50 708.98 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 434.05 708.98 Td (For) Tj ET Q q 0 0 0 rg BT 446.42 708.98 Td ( the ) Tj ET Q q 0 0 0 rg BT 460.86 708.98 Td (Y) Tj ET Q q 0 0 0 rg BT 466.04 708.98 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 533.97 708.98 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 51.50 695.98 Td (\(in millions, except per) Tj ET Q q 0 0 0 rg BT 129.13 695.98 Td ( shar) Tj ET Q q 0 0 0 rg BT 146.09 695.98 Td (e data\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.00 695.98 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 482.00 695.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 531.00 695.98 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 682.48 Td (Sales and r) Tj ET Q q 0 0 0 rg BT 98.55 682.48 Td (evenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 668.32 Td (Sales of manufactured products, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.50 668.32 Td (................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.50 667.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 432.60 667.43 Td (1) Tj ET Q q 0 0 0 rg BT 437.60 667.43 Td (1,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 667.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.60 667.42 Td (10,090) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.50 667.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 667.42 Td (8,428) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 652.42 Td (Finance revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.50 652.32 Td (..............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.15 652.43 Td (190) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 652.42 Td (160) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 652.42 Td (142) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.50 637.42 Td (Sales and revenues, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.50 637.32 Td (................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 432.60 637.43 Td (1) Tj ET Q q 0 0 0 rg BT 437.60 637.43 Td (1,251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.60 637.42 Td (10,250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 637.42 Td (8,570) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 623.43 Td (Costs and expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 608.42 Td (Costs of products sold) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.50 608.32 Td (......................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 437.65 608.43 Td (9,245) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 608.42 Td (8,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 608.42 Td (7,037) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 593.42 Td (Restructuring char) Tj ET Q q 0 0 0 rg BT 143.55 593.42 Td (ges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.00 593.32 Td (.......................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 593.43 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.80 593.47 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 593.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 593.42 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 578.42 Td (Asset impairment char) Tj ET Q q 0 0 0 rg BT 159.94 578.42 Td (ges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.50 578.32 Td (................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.15 578.43 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 578.42 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 578.42 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 563.42 Td (Selling, general and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 563.32 Td (...................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.15 563.43 Td (934) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 563.42 Td (828) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 563.42 Td (751) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 548.42 Td (Engineering and product development costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.50 548.32 Td (....................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.15 548.43 Td (319) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 548.42 Td (297) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 548.42 Td (251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 533.42 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.50 533.32 Td (................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.15 533.43 Td (312) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 533.42 Td (327) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 533.42 Td (351) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 518.42 Td (Other expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.50 518.32 Td (............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.15 518.43 Td (164) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 518.42 Td (48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 518.42 Td (106) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.50 503.42 Td (T) Tj ET Q q 0 0 0 rg BT 86.91 503.42 Td (otal costs and expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.50 503.32 Td (..............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 432.60 503.43 Td (10,993) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 503.42 Td (9,830) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 503.42 Td (8,512) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 488.42 Td (Equity ) Tj ET Q q 0 0 0 rg BT 80.67 488.42 Td (in ) Tj ET Q q 0 0 0 rg BT 90.94 488.42 Td (income ) Tj ET Q q 0 0 0 rg BT 122.88 488.42 Td (of ) Tj ET Q q 0 0 0 rg BT 133.71 488.42 Td (non-consolidated ) Tj ET Q q 0 0 0 rg BT 205.08 488.42 Td (af) Tj ET Q q 0 0 0 rg BT 212.67 488.42 Td (filiates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.50 488.32 Td (......................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.15 488.43 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 488.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 488.42 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 473.42 Td (Income from continuing operations before income tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.54 473.42 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.00 473.32 Td (.......................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.15 473.43 Td (262) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 473.42 Td (420) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 473.42 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 458.42 Td (Income ) Tj ET Q q 0 0 0 rg BT 83.99 458.42 Td (tax ) Tj ET Q q 0 0 0 rg BT 98.70 458.42 Td (expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.00 458.32 Td (.................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.80 458.48 Td (\(19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.15 458.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.80 458.47 Td (\(52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 458.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.80 458.47 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 458.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 443.42 Td (Income from continuing operatio) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.96 443.42 Td (ns) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.00 443.32 Td (.........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.15 443.43 Td (243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 443.42 Td (368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 443.42 Td (54) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 428.42 Td (Income from discontinued operations, net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.50 428.32 Td (....................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 428.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 428.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 428.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 413.42 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 413.32 Td (...............................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.15 413.43 Td (243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 413.42 Td (368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 413.42 Td (55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 398.42 Td (Less: Net income attributable to non-controlling interests) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.50 398.32 Td (......................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 398.43 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 398.42 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 398.42 Td (25) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 383.43 Td (Net income attributable to Navistar) Tj ET Q q 0 0 0 rg BT 202.96 383.43 Td ( International Corporation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.00 383.32 Td (.......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.50 383.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.15 383.43 Td (221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 383.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 383.42 Td (340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.50 383.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 383.42 Td (30) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 51.50 362.46 Td (Amounts attributable to Navistar International Corporation common shar) Tj ET Q q 0 0 0 rg BT 347.53 362.46 Td (eholders:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 347.42 Td (Income from continuing operations, net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.00 347.32 Td (.......................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.50 347.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.15 347.43 Td (221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 347.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 347.42 Td (340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.50 347.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 347.42 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 332.42 Td (Income from discontinued operations, net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.50 332.32 Td (....................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 332.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 332.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 332.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 317.42 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.00 317.32 Td (.......................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.50 317.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.15 317.43 Td (221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 317.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 317.42 Td (340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.50 317.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 317.42 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 298.42 Td (Earnings per share:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 283.42 Td (Basic:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 268.42 Td (Continuing operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.00 268.32 Td (...............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.50 269.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.65 269.48 Td (2.23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 268.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 268.42 Td (3.44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.50 268.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 268.42 Td (0.31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 253.42 Td (Discontinued operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.50 253.32 Td (............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 253.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 253.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 253.42 Td (0.01) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.50 238.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.65 238.43 Td (2.23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 238.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 238.42 Td (3.44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.50 238.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 238.42 Td (0.32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 219.42 Td (Diluted:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 204.42 Td (Continuing operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.00 204.32 Td (...............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.50 204.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.65 204.43 Td (2.22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 204.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 204.42 Td (3.41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.50 204.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 204.42 Td (0.31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 189.42 Td (Discontinued operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.50 189.32 Td (............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 189.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 189.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 189.42 Td (0.01) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.50 174.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.65 174.43 Td (2.22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 174.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 174.42 Td (3.41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.50 174.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 174.42 Td (0.32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 156.32 Td (W) Tj ET Q q 0 0 0 rg BT 60.14 156.32 Td (eighted average shares outstanding:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 140.42 Td (Basic) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.00 140.32 Td (.................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.65 140.43 Td (99.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 140.42 Td (98.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 140.42 Td (93.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 125.42 Td (Diluted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.50 125.32 Td (..............................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.65 125.43 Td (99.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 125.42 Td (99.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 125.42 Td (93.5) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 111 0 obj <> endobj 112 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 19.60 Td (55) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 742.25 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 742.25 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 730.25 Td (Consolidated Statements of Compr) Tj ET Q q 0 0 0 rg BT 345.59 730.25 Td (ehensive Income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 415.85 730.25 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 706.75 m 466 706.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 706.75 m 470 706.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470 706.75 m 514 706.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514 706.75 m 518 706.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 706.75 m 562 706.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 706.75 m 466 706.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 693.75 m 466 693.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 706.75 m 470 706.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470 706.75 m 514 706.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470 693.75 m 514 693.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514 706.75 m 518 706.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 706.75 m 562 706.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 693.75 m 562 693.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 693.75 m 466 693.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 678.75 m 466 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470 693.75 m 514 693.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470 678.75 m 514 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 693.75 m 562 693.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 678.75 m 562 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 618.75 m 466 618.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 618.75 m 466 618.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 603.75 m 466 603.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470 618.75 m 514 618.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470 603.75 m 514 603.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 618.75 m 562 618.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 603.75 m 562 603.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 573.75 m 466 573.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470 573.75 m 514 573.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 573.75 m 562 573.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 559.75 m 466 559.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 557.75 m 466 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470 559.75 m 514 559.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470 557.75 m 514 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 559.75 m 562 559.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 557.75 m 562 557.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 51.50 697.98 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.55 710.98 Td (For) Tj ET Q q 0 0 0 rg BT 447.92 710.98 Td ( the ) Tj ET Q q 0 0 0 rg BT 462.36 710.98 Td (Y) Tj ET Q q 0 0 0 rg BT 467.54 710.98 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 535.47 710.98 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.50 697.98 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.50 697.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 531.50 697.98 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 683.42 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.50 683.32 Td (................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 424.50 683.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.15 683.43 Td (243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.50 683.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 683.42 Td (368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.50 683.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 683.42 Td (55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 668.42 Td (Other comprehensive income \(loss\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 653.42 Td (Foreign currency translation adjustment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.00 653.32 Td (...........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.80 653.48 Td (\(6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.15 653.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.80 653.47 Td (\(32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.15 653.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 653.47 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 653.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 638.42 Td (Unrealized gain on marketable securities, net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.00 638.32 Td (.........................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.15 638.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 638.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 638.47 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 638.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 623.42 Td (Defined benefit plans, net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.50 623.32 Td (........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.15 623.43 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 623.42 Td (323) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 623.42 Td (433) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 608.42 Td (T) Tj ET Q q 0 0 0 rg BT 57.26 608.42 Td (otal other comprehensive income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.00 608.32 Td (...........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.15 608.43 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 608.42 Td (291) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 608.42 Td (429) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 593.42 Td (Comprehensive income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.50 593.32 Td (............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.15 593.43 Td (251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 593.42 Td (659) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 593.42 Td (484) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 578.42 Td (Less: Net income attributable to non-controlling interests) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.00 578.32 Td (.......................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.15 578.43 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 578.42 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 578.42 Td (25) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 563.43 Td (T) Tj ET Q q 0 0 0 rg BT 57.25 563.43 Td (otal compr) Tj ET Q q 0 0 0 rg BT 103.45 563.43 Td (ehensive income attributable to Navistar) Tj ET Q q 0 0 0 rg BT 276.02 563.43 Td ( International Corporation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.50 563.32 Td (..........) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 424.50 563.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.15 563.43 Td (229) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.50 563.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 563.42 Td (631) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.50 563.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 563.42 Td (459) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 113 0 obj <> endobj 114 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.00 47.10 Td (See Notes to Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 35.10 Td (56) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 749.25 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 749.25 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 244.85 737.25 Td (Consolidated Balance Sheets) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 713.75 m 508 713.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 713.75 m 512 713.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 713.75 m 562 713.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 713.75 m 508 713.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 700.75 m 508 700.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 713.75 m 562 713.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 700.75 m 562 700.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 583.75 m 508 583.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 583.75 m 562 583.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 451.75 m 508 451.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 439.75 m 508 439.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 437.75 m 508 437.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 451.75 m 562 451.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 439.75 m 562 439.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 437.75 m 562 437.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 359.75 m 508 359.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 359.75 m 562 359.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 307.75 m 508 307.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 307.75 m 562 307.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 191.75 m 508 191.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 191.75 m 562 191.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 165.75 m 508 165.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 165.75 m 562 165.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 152.75 m 508 152.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 152.75 m 562 152.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 140.75 m 508 140.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 138.75 m 508 138.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 140.75 m 562 140.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 138.75 m 562 138.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 479.80 717.98 Td (As of October) Tj ET Q q 0 0 0 rg BT 527.27 717.98 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 51.50 704.98 Td (\(in millions, except per) Tj ET Q q 0 0 0 rg BT 129.13 704.98 Td ( shar) Tj ET Q q 0 0 0 rg BT 146.09 704.98 Td (e data\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.50 704.98 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.50 704.98 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 691.48 Td (ASSETS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 678.32 Td (Current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 665.32 Td (Cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.50 665.32 Td (........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.50 665.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.65 665.48 Td (1,370) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 665.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 665.32 Td (1,320) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 652.32 Td (Restricted cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.50 652.32 Td (........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 652.48 Td (133) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 652.32 Td (62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 639.32 Td (Marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.50 639.32 Td (................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 639.48 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 639.32 Td (101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 626.32 Td (T) Tj ET Q q 0 0 0 rg BT 93.43 626.32 Td (rade and other receivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.00 626.32 Td (...............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 626.48 Td (338) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 626.32 Td (456) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 613.32 Td (Finance receivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.50 613.32 Td (............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.65 613.48 Td (1,923) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 613.32 Td (1,898) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 600.32 Td (Inventories, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.00 600.32 Td (.........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 600.48 Td (91) Tj ET Q q 0 0 0 rg BT 499.15 600.48 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 600.32 Td (1,1) Tj ET Q q 0 0 0 rg BT 548.15 600.32 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 587.32 Td (Other current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.00 587.32 Td (...................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 587.48 Td (277) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 587.32 Td (189) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.50 574.32 Td (T) Tj ET Q q 0 0 0 rg BT 110.91 574.32 Td (otal current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.50 574.32 Td (............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.65 574.48 Td (4,952) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 574.32 Td (5,136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 561.32 Td (Restricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.00 561.32 Td (.................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 561.48 Td (54) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 561.32 Td (63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 548.32 Td (T) Tj ET Q q 0 0 0 rg BT 75.43 548.32 Td (rade and other receivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.50 548.32 Td (......................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 548.48 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 548.32 Td (49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 535.32 Td (Finance receivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.00 535.32 Td (...................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 535.48 Td (274) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 535.32 Td (260) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 522.32 Td (Investments in non-consolidated af) Tj ET Q q 0 0 0 rg BT 209.65 522.32 Td (filiates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 522.32 Td (.......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 522.48 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 522.32 Td (50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 508.42 Td (Property and equipment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.50 508.32 Td (............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.65 508.43 Td (1,309) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 508.42 Td (1,370) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 494.32 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.50 494.32 Td (..........................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 494.48 Td (38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 494.32 Td (38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 481.32 Td (Intangible assets, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.50 481.32 Td (........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 481.48 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 481.32 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 468.32 Td (Deferred taxes, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.00 468.32 Td (...........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 468.48 Td (1) Tj ET Q q 0 0 0 rg BT 494.15 468.48 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 468.32 Td (121) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 455.32 Td (Other noncurrent assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.50 455.32 Td (....................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 455.48 Td (107) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 455.32 Td (1) Tj ET Q q 0 0 0 rg BT 548.15 455.32 Td (13) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 105.50 442.48 Td (T) Tj ET Q q 0 0 0 rg BT 111.71 442.48 Td (otal assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.50 442.32 Td (........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.50 442.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.65 442.48 Td (6,917) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 442.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 442.32 Td (7,230) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 429.43 Td (LIABILITIES and ST) Tj ET Q q 0 0 0 rg BT 146.46 429.43 Td (OCKHOLDERS) Tj ET Q q 0 0 0 rg BT 221.01 429.43 Td ( DEFICIT) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 415.48 Td (Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 402.32 Td (Current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 389.32 Td (Notes payable and current maturities of long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.50 389.32 Td (..........................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.50 389.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 389.48 Td (871) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 389.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 389.32 Td (946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 376.32 Td (Accounts payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.50 376.32 Td (......................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.65 376.48 Td (1,341) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 376.32 Td (1,606) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 363.32 Td (Other current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.00 363.32 Td (.............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.65 363.48 Td (1,363) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 363.32 Td (1,255) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 350.32 Td (T) Tj ET Q q 0 0 0 rg BT 75.26 350.32 Td (otal current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 350.32 Td (.....................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.65 350.48 Td (3,575) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 350.32 Td (3,807) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 337.32 Td (Long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.00 337.32 Td (.................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.65 337.48 Td (4,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 337.32 Td (4,521) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 324.32 Td (Postretirement benefits liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.00 324.32 Td (.....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.65 324.48 Td (2,103) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 324.32 Td (2,097) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 311.32 Td (Other noncurrent liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.50 311.32 Td (..............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 311.48 Td (645) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 311.32 Td (731) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 87.50 298.48 Td (T) Tj ET Q q 0 0 0 rg BT 93.71 298.48 Td (otal liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.00 298.32 Td (.........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.65 298.48 Td (10,640) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 298.32 Td (1) Tj ET Q q 0 0 0 rg BT 535.65 298.32 Td (1,156) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 285.48 Td (Stockholders) Tj ET Q q 0 0 0 rg BT 109.65 285.48 Td ( deficit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 272.32 Td (SeriesD convertible junior preference stock) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.00 272.32 Td (...................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.15 272.48 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 272.32 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 258.42 Td (Common stock, $0.10 par value per share \(103.1 shares issued and 220 shares authorized at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 248.42 Td (both dates\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.50 248.32 Td (........................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 248.43 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 248.42 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 234.32 Td (Additional paid-in capital) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.50 234.32 Td (................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.65 234.48 Td (2,730) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 234.32 Td (2,731) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 221.32 Td (Accumulated deficit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.00 221.32 Td (.........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.30 221.53 Td (\(4,409) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 504.15 221.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 221.37 Td (\(4,593) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 221.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 208.32 Td (Accumulated other comprehensive loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.00 208.32 Td (...........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.30 208.53 Td (\(1,912) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 504.15 208.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 208.37 Td (\(1,920) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 208.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 195.32 Td (Common stock held in treasury) Tj ET Q q 0 0 0 rg BT 194.71 195.32 Td (, at cost \(3.9 and 4.2 shares, respectively\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 195.32 Td (.....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.80 195.53 Td (\(147) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 504.15 195.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 195.37 Td (\(161) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 195.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 182.32 Td (T) Tj ET Q q 0 0 0 rg BT 92.91 182.32 Td (otal stockholders) Tj ET Q q 0 0 0 rg BT 163.54 182.32 Td ( deficit attributable to Navistar International Corporation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 182.32 Td (.........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.30 182.53 Td (\(3,726) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 504.15 182.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 182.37 Td (\(3,931) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 182.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 169.32 Td (Stockholders) Tj ET Q q 0 0 0 rg BT 124.30 169.32 Td ( equity attributable to non-controlling interests) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.00 169.32 Td (.........................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.15 169.48 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 169.32 Td (5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 87.50 156.48 Td (T) Tj ET Q q 0 0 0 rg BT 93.25 156.48 Td (otal stockholders) Tj ET Q q 0 0 0 rg BT 168.34 156.48 Td ( deficit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.50 156.32 Td (......................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.30 156.53 Td (\(3,723) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 504.15 156.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 156.37 Td (\(3,926) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 156.32 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 105.50 143.48 Td (T) Tj ET Q q 0 0 0 rg BT 111.25 143.48 Td (otal liabilities and stockholders) Tj ET Q q 0 0 0 rg BT 246.35 143.48 Td ( deficit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.00 143.32 Td (.......................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.50 143.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.65 143.48 Td (6,917) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 143.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 143.32 Td (7,230) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 115 0 obj <> endobj 116 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.00 47.10 Td (See Notes to Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 35.10 Td (57) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 749.25 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 749.25 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 221.80 737.25 Td (Consolidated Statements of Cash Flows) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 712.75 m 474 712.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 712.75 m 478 712.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478 712.75 m 518 712.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 712.75 m 522 712.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 712.75 m 562 712.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 712.75 m 474 712.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 700.75 m 474 700.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478 712.75 m 518 712.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478 700.75 m 518 700.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 712.75 m 522 712.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 712.75 m 562 712.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 700.75 m 562 700.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 700.75 m 474 700.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 700.75 m 562 700.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 460.75 m 474 460.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 448.75 m 474 448.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478 460.75 m 518 460.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478 448.75 m 518 448.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 460.75 m 562 460.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 448.75 m 562 448.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 340.75 m 474 340.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 328.75 m 474 328.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478 340.75 m 518 340.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478 328.75 m 518 328.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 340.75 m 562 340.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 328.75 m 562 328.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 160.75 m 474 160.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 148.75 m 474 148.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478 160.75 m 518 160.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478 148.75 m 518 148.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 160.75 m 562 160.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 148.75 m 562 148.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 135.75 m 474 135.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478 135.75 m 518 135.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 135.75 m 562 135.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 109.75 m 474 109.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478 109.75 m 518 109.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 109.75 m 562 109.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 97.75 m 474 97.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 95.75 m 474 95.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478 97.75 m 518 97.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478 95.75 m 518 95.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 97.75 m 562 97.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 95.75 m 562 95.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 51.50 717.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.55 716.98 Td (For) Tj ET Q q 0 0 0 rg BT 453.92 716.98 Td ( the ) Tj ET Q q 0 0 0 rg BT 468.36 716.98 Td (Y) Tj ET Q q 0 0 0 rg BT 473.54 716.98 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 541.47 716.98 Td ( 31,) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 51.50 704.59 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.50 704.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 489.50 704.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.50 704.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 51.50 692.83 Td (Cash flows fr) Tj ET Q q 0 0 0 rg BT 96.76 692.83 Td (om operating activities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 680.70 Td (Net income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 108.50 680.70 Td (.................................................................................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 436.50 680.83 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.75 680.83 Td (243) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.50 680.70 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 502.75 680.70 Td (368) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 524.50 680.70 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 550.75 680.70 Td (55) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 668.70 Td (Adjustments to reconcile net income to net cash provided by operating activities:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 87.50 656.70 Td (Depreciation and amortization) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 186.50 656.70 Td (..........................................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.75 656.83 Td (132) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 502.75 656.70 Td (140) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 546.75 656.70 Td (150) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 87.50 644.70 Td (Depreciation of equipment leased to others) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 226.50 644.70 Td (......................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.75 644.83 Td (61) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 506.75 644.70 Td (71) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 550.75 644.70 Td (73) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 87.50 632.70 Td (Deferred taxes, including change in valuation allowance) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.50 632.70 Td (.................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.10 632.83 Td (\(31) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.80 632.83 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 510.80 632.70 Td (4) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 552.10 632.70 Td (\(6) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.80 632.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 87.50 620.70 Td (Asset impairment char) Tj ET Q q 0 0 0 rg BT 159.85 620.70 Td (ges) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 170.50 620.70 Td (..................................................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.80 620.83 Td (7) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 506.75 620.70 Td (14) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 550.75 620.70 Td (13) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 87.50 608.70 Td (Gain on sales of investments and businesses, net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 244.50 608.70 Td (.............................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.10 608.83 Td (\(56) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.80 608.83 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 506.75 608.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 552.10 608.70 Td (\(5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.80 608.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 87.50 596.70 Td (Amortization of debt issuance costs and discount) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 244.50 596.70 Td (.............................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.75 596.83 Td (19) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 506.75 596.70 Td (31) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 550.75 596.70 Td (49) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 87.50 584.70 Td (Stock-based compensation) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 174.50 584.70 Td (................................................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.75 584.83 Td (23) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 506.75 584.70 Td (32) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 550.75 584.70 Td (28) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 87.50 572.70 Td (Provision for doubtful accounts, net of recoveries) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 246.50 572.70 Td (............................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.80 572.83 Td (4) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 506.75 572.70 Td (10) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 554.80 572.70 Td (7) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 87.50 560.70 Td (Equity in income of non-consolidated af) Tj ET Q q 0 0 0 rg BT 216.51 560.70 Td (filiates, net of dividends) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 294.50 560.70 Td (....................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.10 560.83 Td (\(2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.80 560.83 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 510.80 560.70 Td (5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 554.80 560.70 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 87.50 548.70 Td (W) Tj ET Q q 0 0 0 rg BT 94.89 548.70 Td (rite-of) Tj ET Q q 0 0 0 rg BT 114.65 548.70 Td (f of debt issuance cost and discount) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 228.50 548.70 Td (.....................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.80 548.83 Td (6) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 506.75 548.70 Td (43) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 554.80 548.70 Td (5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 87.50 536.70 Td (Other non-cash operating activities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 200.50 536.70 Td (...................................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.10 536.83 Td (\(9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.80 536.83 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 504.10 536.70 Td (\(23) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 514.80 536.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 548.10 536.70 Td (\(28) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.80 536.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 87.50 524.70 Td (Changes in other assets and liabilities, exclusive of the ef) Tj ET Q q 0 0 0 rg BT 270.42 524.70 Td (fects of businesses disposed:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 123.50 512.70 Td (T) Tj ET Q q 0 0 0 rg BT 128.25 512.70 Td (rade and other receivables) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 212.50 512.70 Td (.............................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.75 512.83 Td (141) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 500.10 512.70 Td (\(109) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 514.80 512.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 544.10 512.70 Td (\(125) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.80 512.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 123.50 500.70 Td (Finance receivables) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 188.50 500.70 Td (.........................................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.10 500.83 Td (\(42) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.80 500.83 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 500.10 500.70 Td (\(405) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 514.80 500.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 544.10 500.70 Td (\(123) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.80 500.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 123.50 488.70 Td (Inventories) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 160.50 488.70 Td (.......................................................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.75 488.83 Td (103) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 500.10 488.70 Td (\(257) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 514.80 488.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 550.75 488.70 Td (82) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 123.50 476.70 Td (Accounts payable) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 182.50 476.70 Td (............................................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.10 476.83 Td (\(250) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.80 476.83 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 502.75 476.70 Td (317) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 546.75 476.70 Td (159) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 123.50 464.70 Td (Other assets and liabilities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 208.50 464.70 Td (...............................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.75 464.83 Td (101) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 506.75 464.70 Td (26) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 544.10 464.70 Td (\(226) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.80 464.70 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 87.50 452.83 Td (Net cash pr) Tj ET Q q 0 0 0 rg BT 126.46 452.83 Td (ovided by operating activities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 228.50 452.70 Td (.....................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.75 452.83 Td (450) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 502.75 452.70 Td (267) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 546.75 452.70 Td (109) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 51.50 440.83 Td (Cash flows fr) Tj ET Q q 0 0 0 rg BT 96.76 440.83 Td (om investing activities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 428.70 Td (Purchases of marketable securities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 180.50 428.70 Td (.............................................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.75 428.83 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 500.10 428.70 Td (\(251) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 514.80 428.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 538.10 428.70 Td (\(1,01) Tj ET Q q 0 0 0 rg BT 554.76 428.70 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.80 428.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 416.70 Td (Sales of marketable securities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 166.50 416.70 Td (....................................................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.75 416.83 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 502.75 416.70 Td (460) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 546.75 416.70 Td (659) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 404.70 Td (Maturities of marketable securities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 182.50 404.70 Td (............................................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.75 404.83 Td (102) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 506.75 404.70 Td (60) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 550.75 404.70 Td (28) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 392.70 Td (Capital expenditures) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 136.50 392.70 Td (...................................................................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.10 392.83 Td (\(134) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.80 392.83 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 500.10 392.70 Td (\(1) Tj ET Q q 0 0 0 rg BT 506.76 392.70 Td (13) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 514.80 392.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 544.10 392.70 Td (\(102) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.80 392.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 380.70 Td (Purchases of equipment leased to others) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 198.50 380.70 Td (....................................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.10 380.83 Td (\(152) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.80 380.83 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 500.10 380.70 Td (\(232) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 514.80 380.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 544.10 380.70 Td (\(137) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.80 380.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 368.70 Td (Proceeds from sales of property and equipment) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 222.50 368.70 Td (........................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.75 368.83 Td (14) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 506.75 368.70 Td (1) Tj ET Q q 0 0 0 rg BT 510.75 368.70 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 550.75 368.70 Td (35) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 356.70 Td (Proceeds from \(payments for\) sales of af) Tj ET Q q 0 0 0 rg BT 199.53 356.70 Td (filiates) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 222.50 356.70 Td (........................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.75 356.83 Td (100) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 508.10 356.70 Td (\(3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 514.80 356.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 554.80 356.70 Td (9) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 344.70 Td (Other investing activities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 150.50 344.70 Td (............................................................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.80 344.83 Td (2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 510.80 344.70 Td (2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 552.10 344.70 Td (\(1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.80 344.70 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 87.50 332.83 Td (Net cash used in investing activities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 208.50 332.70 Td (...............................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.10 332.83 Td (\(68) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.80 332.83 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 504.10 332.70 Td (\(66) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 514.80 332.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 544.10 332.70 Td (\(520) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.80 332.70 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 51.50 320.83 Td (Cash flows fr) Tj ET Q q 0 0 0 rg BT 96.69 320.83 Td (om financing activities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 308.70 Td (Proceeds from issuance of securitized debt) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 206.50 308.70 Td (................................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.75 308.83 Td (363) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 502.75 308.70 Td (339) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 546.75 308.70 Td (322) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 296.70 Td (Principal payments on securitized debt) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 194.50 296.70 Td (......................................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.10 296.83 Td (\(316) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.80 296.83 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 500.10 296.70 Td (\(364) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 514.80 296.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 544.10 296.70 Td (\(336) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.80 296.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 284.70 Td (Net change in secured revolving credit facilities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 224.50 284.70 Td (.......................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.75 284.83 Td (12) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 502.75 284.70 Td (135) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 546.75 284.70 Td (1) Tj ET Q q 0 0 0 rg BT 550.75 284.70 Td (1) Tj ET Q q 0 0 0 rg BT 554.75 284.70 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 272.70 Td (Proceeds from issuance of non-securitized debt) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 222.50 272.70 Td (........................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.75 272.83 Td (209) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 496.75 272.70 Td (3,248) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 546.75 272.70 Td (582) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 260.70 Td (Principal payments on non-securitized debt) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 208.50 260.70 Td (...............................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 450.10 260.83 Td (\(1,044) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.80 260.83 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 494.10 260.70 Td (\(2,920) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 514.80 260.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 544.10 260.70 Td (\(489) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.80 260.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 248.70 Td (Net change in notes and debt outstanding under revolving credit facilities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 304.50 248.70 Td (...............................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.75 248.83 Td (527) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 504.10 248.70 Td (\(10) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 514.80 248.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 544.10 248.70 Td (\(1) Tj ET Q q 0 0 0 rg BT 550.76 248.70 Td (12) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.80 248.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 236.70 Td (Debt issuance costs) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 132.50 236.70 Td (.....................................................................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.10 236.83 Td (\(9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.80 236.83 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 504.10 236.70 Td (\(41) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 514.80 236.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 548.10 236.70 Td (\(29) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.80 236.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 224.70 Td (Proceeds from financed lease obligations) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 202.50 224.70 Td (..................................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.75 224.83 Td (22) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 506.75 224.70 Td (63) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 550.75 224.70 Td (61) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 212.70 Td (Issuance of common stock) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 156.50 212.70 Td (.........................................................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.75 212.83 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 506.75 212.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 546.75 212.70 Td (256) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 200.70 Td (Stock issuance costs) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 136.50 200.70 Td (...................................................................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.75 200.83 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 506.75 200.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 548.10 200.70 Td (\(1) Tj ET Q q 0 0 0 rg BT 554.76 200.70 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.80 200.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 188.70 Td (Proceeds from exercise of stock options) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 198.50 188.70 Td (....................................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.80 188.83 Td (4) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 510.80 188.70 Td (8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 550.75 188.70 Td (12) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 176.70 Td (Dividends paid by subsidiaries to non-controlling interest) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 254.50 176.70 Td (........................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.10 176.83 Td (\(24) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.80 176.83 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 504.10 176.70 Td (\(27) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 514.80 176.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 548.10 176.70 Td (\(26) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.80 176.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.50 164.70 Td (Other financing activities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 152.50 164.70 Td (...........................................................................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.10 164.83 Td (\(2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.80 164.83 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 504.10 164.70 Td (\(17) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 514.80 164.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 552.10 164.70 Td (\(3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.80 164.70 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 87.50 152.83 Td (Net cash pr) Tj ET Q q 0 0 0 rg BT 126.46 152.83 Td (ovided by \(used in\) financing activities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 258.50 152.70 Td (......................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.10 152.83 Td (\(258) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.80 152.83 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 502.75 152.70 Td (414) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 546.75 152.70 Td (338) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 51.50 139.98 Td (Effect of exchange rate changes on cash, cash equivalents and r) Tj ET Q q 0 0 0 rg BT 266.68 139.98 Td (estricted cash) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 314.50 139.70 Td (..........................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.10 139.98 Td (\(12) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.80 139.98 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 504.10 140.00 Td (\(10) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 514.80 140.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 552.10 140.00 Td (\(3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.80 140.00 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 51.50 126.98 Td (Incr) Tj ET Q q 0 0 0 rg BT 66.02 126.98 Td (ease \(decr) Tj ET Q q 0 0 0 rg BT 99.86 126.98 Td (ease\) in cash, cash equivalents and r) Tj ET Q q 0 0 0 rg BT 222.61 126.98 Td (estricted cash) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 270.50 126.70 Td (................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.75 126.98 Td (1) Tj ET Q q 0 0 0 rg BT 462.75 126.98 Td (12) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 502.75 127.00 Td (605) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 548.10 127.00 Td (\(76) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.80 127.00 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 51.50 113.98 Td (Cash, cash equivalents and r) Tj ET Q q 0 0 0 rg BT 148.93 113.98 Td (estricted cash at beginning of the year) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 278.50 113.70 Td (............................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.75 113.98 Td (1,445) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 502.75 114.00 Td (840) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 546.75 114.00 Td (916) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 51.50 100.98 Td (Cash, cash equivalents and r) Tj ET Q q 0 0 0 rg BT 148.93 100.98 Td (estricted cash at end of the year) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 258.50 100.70 Td (......................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 436.50 100.98 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.75 100.98 Td (1,557) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.50 101.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 496.75 101.00 Td (1,445) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 524.50 101.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 546.75 101.00 Td (840) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 117 0 obj <> endobj 118 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.00 47.10 Td (See Notes to Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 35.10 Td (58) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 749.25 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 749.25 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 201.90 737.25 Td (Consolidated Statements of Stockholders) Tj ET Q q 0 0 0 rg BT 379.21 737.25 Td ( Deficit) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200 679.75 m 242 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246 679.75 m 280 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 679.75 m 322 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 679.75 m 372 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376 679.75 m 429 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433 679.75 m 470 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 679.75 m 525 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 529 679.75 m 563 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200 679.75 m 242 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246 679.75 m 280 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 679.75 m 322 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 679.75 m 372 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376 679.75 m 429 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433 679.75 m 470 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 679.75 m 525 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 529 679.75 m 563 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200 539.75 m 242 539.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246 539.75 m 280 539.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 539.75 m 322 539.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 539.75 m 372 539.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376 539.75 m 429 539.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433 539.75 m 470 539.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 539.75 m 525 539.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 529 539.75 m 563 539.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200 401.75 m 242 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246 401.75 m 280 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 401.75 m 322 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 401.75 m 372 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376 401.75 m 429 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433 401.75 m 470 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 401.75 m 525 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 529 401.75 m 563 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200 243.75 m 242 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200 231.75 m 242 231.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200 229.75 m 242 229.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246 243.75 m 280 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246 231.75 m 280 231.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246 229.75 m 280 229.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 243.75 m 322 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 231.75 m 322 231.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 229.75 m 322 229.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 243.75 m 372 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 231.75 m 372 231.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 229.75 m 372 229.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376 243.75 m 429 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376 231.75 m 429 231.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376 229.75 m 429 229.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433 243.75 m 470 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433 231.75 m 470 231.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433 229.75 m 470 229.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 243.75 m 525 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 231.75 m 525 231.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 229.75 m 525 229.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 529 243.75 m 563 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 529 231.75 m 563 231.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 529 229.75 m 563 229.75 l s BT /F2 6.00 Tf ET q 0 0 0 rg BT 52.50 683.59 Td (\(in millions\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 208.15 711.81 Td (Series D) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 202.80 704.81 Td (Convertible) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 210.60 697.81 Td (Junior) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 204.50 690.81 Td (Pr) Tj ET Q q 0 0 0 rg BT 211.82 690.81 Td (efer) Tj ET Q q 0 0 0 rg BT 223.34 690.81 Td (ence) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 212.10 683.81 Td (Stock) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 248.65 690.81 Td (Common) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 254.10 683.81 Td (Stock) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 286.55 697.81 Td (Additional) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 291.60 690.81 Td (Paid-in) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 291.40 683.81 Td (Capital) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 328.65 690.81 Td (Accumulated) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 338.55 683.81 Td (Deficit) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 382.15 704.81 Td (Accumulated) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 393.10 697.81 Td (Other) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 378.70 690.81 Td (Compr) Tj ET Q q 0 0 0 rg BT 400.02 690.81 Td (ehensive) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 380.90 683.81 Td (Income \(Loss\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 437.15 711.81 Td (Common) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 442.60 704.81 Td (Stock) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 440.00 697.81 Td (Held in) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 436.80 690.81 Td (T) Tj ET Q q 0 0 0 rg BT 441.21 690.81 Td (r) Tj ET Q q 0 0 0 rg BT 443.99 690.81 Td (easury) Tj ET Q q 0 0 0 rg BT 463.57 690.81 Td (,) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 441.35 683.81 Td (at cost) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 478.55 718.81 Td (Stockholders') Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 488.85 711.81 Td (Equity) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 479.65 704.81 Td ( ) Tj ET Q q 0 0 0 rg BT 481.01 704.81 Td (Attributable) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 487.80 697.81 Td (to Non-) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 482.70 690.81 Td (contr) Tj ET Q q 0 0 0 rg BT 498.51 690.81 Td (olling) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 486.00 683.81 Td (Inter) Tj ET Q q 0 0 0 rg BT 501.04 683.81 Td (ests) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 536.75 683.98 Td (T) Tj ET Q q 0 0 0 rg BT 541.35 683.98 Td (otal) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 671.00 Td (Balance as of October 31, 2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 202.50 671.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 234.80 671.00 Td (2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 248.50 671.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 272.80 671.00 Td (9) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 286.50 671.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 300.80 671.00 Td (2,499) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 328.50 671.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 348.10 671.00 Td (\(4,963) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 368.80 671.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 378.50 671.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 405.10 671.00 Td (\(2,640) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 425.80 671.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 435.50 671.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 452.10 671.00 Td (\(205) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 466.80 671.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 476.50 671.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 517.80 671.00 Td (5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 531.50 671.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 539.10 671.00 Td (\(5,293) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.80 671.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 658.00 Td (Net income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.50 657.70 Td (...............................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 658.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 658.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 310.80 658.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 658.00 Td (30) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 658.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 658.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 658.00 Td (25) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 551.80 658.00 Td (55) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 645.00 Td (T) Tj ET Q q 0 0 0 rg BT 69.11 645.00 Td (otal other comprehensive income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 176.50 644.70 Td (..........) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 645.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 645.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 310.80 645.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 645.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 413.80 645.00 Td (429) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 645.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 645.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 547.80 645.00 Td (429) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 632.00 Td (Stock-based compensation) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 150.50 631.70 Td (.......................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 632.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 632.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 314.80 632.00 Td (6) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 632.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 632.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 632.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 632.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 555.80 632.00 Td (6) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 619.00 Td (Stock ownership programs) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 150.50 618.70 Td (.......................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 619.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 619.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 308.10 619.00 Td (\(15) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 318.80 619.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 619.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 619.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 619.00 Td (26) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 619.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 551.80 619.00 Td (1) Tj ET Q q 0 0 0 rg BT 555.80 619.00 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 606.00 Td (Cash dividends paid to non-controlling) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 598.00 Td (interest) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 88.50 597.70 Td (......................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 598.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 598.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 310.80 598.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 598.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 598.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 598.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 511.10 598.00 Td (\(26) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 521.80 598.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 549.10 598.00 Td (\(26) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.80 598.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 585.00 Td (Issuance of common stock) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 150.50 584.70 Td (.......................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 585.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 272.80 585.00 Td (2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 306.80 585.00 Td (254) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 585.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 585.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 585.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 585.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 547.80 585.00 Td (256) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 572.00 Td (Stock issuance costs) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 130.50 571.70 Td (.................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 572.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 572.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 308.10 572.00 Td (\(1) Tj ET Q q 0 0 0 rg BT 314.76 572.00 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 318.80 572.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 572.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 572.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 572.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 572.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 549.10 572.00 Td (\(1) Tj ET Q q 0 0 0 rg BT 555.76 572.00 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.80 572.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 557.00 Td (Stock deferral and issuance - directors) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 188.50 556.70 Td (....) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 557.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 557.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 310.80 557.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 557.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 557.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 557.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 557.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 551.80 557.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 544.00 Td (Other) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.50 543.70 Td (........................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 544.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 270.10 544.00 Td (\(1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 276.80 544.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 310.80 544.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 544.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 544.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 544.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 544.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 553.10 544.00 Td (\(1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.80 544.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 531.00 Td (Balance as of October 31, 2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 202.50 531.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 234.80 531.00 Td (2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 248.50 531.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 531.00 Td (10) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 286.50 531.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 300.80 531.00 Td (2,733) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 328.50 531.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 348.10 531.00 Td (\(4,933) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 368.80 531.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 378.50 531.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 405.10 531.00 Td (\(2,21) Tj ET Q q 0 0 0 rg BT 421.76 531.00 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 425.80 531.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 435.50 531.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 452.10 531.00 Td (\(179) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 466.80 531.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 476.50 531.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 517.80 531.00 Td (4) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 531.50 531.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 539.10 531.00 Td (\(4,574) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.80 531.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 518.00 Td (Net income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.50 517.70 Td (...............................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 518.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 518.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 310.80 518.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 356.80 518.00 Td (340) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 518.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 518.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 518.00 Td (28) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 547.80 518.00 Td (368) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 505.00 Td (T) Tj ET Q q 0 0 0 rg BT 68.83 505.00 Td (otal other comprehensive income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 176.50 504.70 Td (..........) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 505.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 505.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 310.80 505.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 505.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 413.80 505.00 Td (291) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 505.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 505.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 547.80 505.00 Td (291) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 492.00 Td (Stock-based compensation) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 150.50 491.70 Td (.......................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 492.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 492.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 310.80 492.00 Td (10) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 492.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 492.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 492.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 492.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 551.80 492.00 Td (10) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 479.00 Td (Stock ownership programs) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 150.50 478.70 Td (.......................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 479.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 479.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 308.10 479.00 Td (\(1) Tj ET Q q 0 0 0 rg BT 314.76 479.00 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 318.80 479.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 479.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 479.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 479.00 Td (18) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 479.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 555.80 479.00 Td (7) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 466.00 Td (Cash dividends paid to non-controlling) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 458.00 Td (interest) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 88.50 457.70 Td (......................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 458.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 458.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 310.80 458.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 458.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 458.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 458.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 511.10 458.00 Td (\(27) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 521.80 458.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 549.10 458.00 Td (\(27) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.80 458.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 445.00 Td (Issuance of common stock) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 150.50 444.70 Td (.......................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 445.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 445.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 310.80 445.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 445.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 445.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 445.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 445.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 551.80 445.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 432.00 Td (Stock issuance costs) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 130.50 431.70 Td (.................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 432.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 432.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 310.80 432.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 432.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 432.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 432.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 432.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 551.80 432.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 419.00 Td (Stock deferral and issuance - directors) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 188.50 418.70 Td (....) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 419.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 419.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 312.10 419.00 Td (\(1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 318.80 419.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 419.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 419.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 419.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 419.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 553.10 419.00 Td (\(1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.80 419.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 406.00 Td (Other) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.50 405.70 Td (........................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 406.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 406.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 310.80 406.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 406.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 406.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 406.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 406.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 551.80 406.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 393.00 Td (Balance as of October 31, 2018) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 202.50 393.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 234.80 393.00 Td (2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 248.50 393.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 393.00 Td (10) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 286.50 393.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 300.80 393.00 Td (2,731) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 328.50 393.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 348.10 393.00 Td (\(4,593) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 368.80 393.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 378.50 393.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 405.10 393.00 Td (\(1,920) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 425.80 393.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 435.50 393.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 452.10 393.00 Td (\(161) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 466.80 393.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 476.50 393.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 517.80 393.00 Td (5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 531.50 393.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 539.10 393.00 Td (\(3,926) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.80 393.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 380.00 Td (Net income ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.50 379.70 Td (...............................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 380.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 380.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 310.80 380.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 356.80 380.00 Td (221) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 380.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 380.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 380.00 Td (22) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 547.80 380.00 Td (243) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 367.00 Td (T) Tj ET Q q 0 0 0 rg BT 68.83 367.00 Td (otal other comprehensive income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 176.50 366.70 Td (..........) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 367.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 367.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 310.80 367.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 367.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 421.80 367.00 Td (8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 367.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 367.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 555.80 367.00 Td (8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 354.70 Td (ASC-606 modified retrospective ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 346.70 Td (adoption) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 92.50 346.70 Td (....................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 348.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 348.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 310.80 348.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 358.10 348.00 Td (\(37) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 368.80 348.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 348.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 348.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 348.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 549.10 348.00 Td (\(37) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.80 348.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 335.00 Td (Stock-based compensation) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 150.50 334.70 Td (.......................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 335.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 335.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 310.80 335.00 Td (1) Tj ET Q q 0 0 0 rg BT 314.80 335.00 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 335.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 335.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 335.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 335.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 551.80 335.00 Td (1) Tj ET Q q 0 0 0 rg BT 555.80 335.00 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 322.00 Td (Stock ownership programs) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 150.50 321.70 Td (.......................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 322.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 322.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 308.10 322.00 Td (\(12) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 318.80 322.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 322.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 322.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 322.00 Td (14) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 322.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 555.80 322.00 Td (2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 309.00 Td (Cash dividends paid to non-controlling) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 301.00 Td (interest) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 88.50 300.70 Td (......................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 301.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 301.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 310.80 301.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 301.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 301.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 301.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 511.10 301.00 Td (\(24) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 521.80 301.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 549.10 301.00 Td (\(24) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.80 301.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 288.00 Td (Issuance of common stock) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 150.50 287.70 Td (.......................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 288.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 288.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 310.80 288.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 288.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 288.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 288.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 288.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 551.80 288.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 274.00 Td (Stock issuance costs) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 130.50 273.70 Td (.................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 274.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 274.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 310.80 274.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 274.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 274.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 274.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 274.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 551.80 274.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 261.00 Td (Stock deferral and issuance - directors) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 188.50 260.70 Td (....) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 261.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 261.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 310.80 261.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 261.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 261.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 261.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 261.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 551.80 261.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 248.00 Td (Other) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.50 247.70 Td (........................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.80 248.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.80 248.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 310.80 248.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.80 248.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.80 248.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.80 248.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.80 248.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 551.80 248.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 234.98 Td (Balance as of October) Tj ET Q q 0 0 0 rg BT 127.23 234.98 Td ( 31, 2019) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 158.50 234.70 Td (...................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 202.50 234.98 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 234.80 234.98 Td (2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 248.50 234.98 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 268.80 234.98 Td (10) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 286.50 234.98 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 300.80 234.98 Td (2,730) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 328.50 234.98 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 348.10 234.98 Td (\(4,409) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.80 234.98 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 378.50 234.98 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.10 234.98 Td (\(1,912) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.80 234.98 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.50 234.98 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.10 234.98 Td (\(147) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.80 234.98 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.50 234.98 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.80 234.98 Td (3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 531.50 234.98 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.10 234.98 Td (\(3,723) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 559.80 234.98 Td (\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 119 0 obj <> endobj 120 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (59) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 749.25 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 749.25 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 213.20 731.85 Td (Notes to Consolidated Financial Statements) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 696.45 Td (1. Summary of Significant ) Tj ET Q q 0 0 0 rg BT 163.12 696.45 Td (Accounting Policies) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 678.45 Td (Organization and Description of the Business) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 660.45 Td (Navistar International Corporation \("NIC"\), incorporated under the laws of the State of Delaware in 1993, is a holding company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 648.45 Td (whose principal operating entities are Navistar) Tj ET Q q 0 0 0 rg BT 235.42 648.45 Td (, Inc. \("NI"\) and Navistar Financial Corporation \("NFC"\). References herein to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 636.45 Td (the "Company) Tj ET Q q 0 0 0 rg BT 106.54 636.45 Td (," "we," "our) Tj ET Q q 0 0 0 rg BT 157.45 636.45 Td (," or "us" refer collectively to NIC and its consolidated subsidiaries, including certain variable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 624.45 Td (interest entities \("VIEs"\) of which we are the primary beneficiary) Tj ET Q q 0 0 0 rg BT 310.52 624.45 Td (. ) Tj ET Q q 0 0 0 rg BT 315.34 624.45 Td (W) Tj ET Q q 0 0 0 rg BT 323.98 624.45 Td (e operate in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.12 624.45 Td (four) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.78 624.45 Td ( principal industry segments: ) Tj ET Q q 0 0 0 rg BT 507.91 624.45 Td (T) Tj ET Q q 0 0 0 rg BT 513.67 624.45 Td (ruck, Parts, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 612.45 Td (Global Operations \(collectively called "Manufacturing operations"\), and Financial Services, which consists of NFC and our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 600.45 Td (foreign finance operations \(collectively called "Financial Services operations"\). ) Tj ET Q q 0 0 0 rg BT 369.86 600.45 Td (These segments are discussed in Note15, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 588.45 Td (Segment Reporting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.87 588.45 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 570.45 Td (Our fiscal year ends on October 31. ) Tj ET Q q 0 0 0 rg BT 193.90 570.45 Td (As such, all references to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.19 570.45 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.19 570.45 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.19 570.45 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.19 570.45 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.13 570.45 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.13 570.45 Td ( contained within this ) Tj ET Q q 0 0 0 rg BT 472.45 570.45 Td (Annual Report on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 558.45 Td (Form ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.67 558.45 Td (10-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.22 558.45 Td ( relate to the fiscal year) Tj ET Q q 0 0 0 rg BT 187.38 558.45 Td (, unless otherwise indicated.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 540.45 Td (Basis of Presentation and Consolidation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 522.45 Td (The accompanying audited consolidated financial statements include the assets, liabilities, and results of operations of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 510.45 Td (Manufacturing operations and our Financial Services operations, including ) Tj ET Q q 0 0 0 rg BT 351.18 510.45 Td (VIEs of which we are the primary beneficiary) Tj ET Q q 0 0 0 rg BT 534.07 510.45 Td (. ) Tj ET Q q 0 0 0 rg BT 538.88 510.45 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 498.45 Td (ef) Tj ET Q q 0 0 0 rg BT 57.09 498.45 Td (fects of transactions among consolidated entities have been eliminated to arrive at the consolidated amounts.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 480.45 Td (V) Tj ET Q q 0 0 0 rg BT 55.06 480.45 Td (ariable Interest Entities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 462.45 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 462.45 Td (e have an interest in several ) Tj ET Q q 0 0 0 rg BT 171.24 462.45 Td (VIEs, primarily joint ventures, established to manufacture or distribute products and enhance our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 450.45 Td (operational capabilities. ) Tj ET Q q 0 0 0 rg BT 147.34 450.45 Td (W) Tj ET Q q 0 0 0 rg BT 155.97 450.45 Td (e have determined for certain of our ) Tj ET Q q 0 0 0 rg BT 302.11 450.45 Td (VIEs that we are the primary beneficiary because we have the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 438.45 Td (power to direct the activities of the ) Tj ET Q q 0 0 0 rg BT 191.21 438.45 Td (VIE that most significantly impact its economic performance and we have the obligation to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 426.45 Td (absorb losses of, or the right to receive benefits from, the ) Tj ET Q q 0 0 0 rg BT 280.09 426.45 Td (VIE that could potentially be significant to the ) Tj ET Q q 0 0 0 rg BT 468.19 426.45 Td (VIE. ) Tj ET Q q 0 0 0 rg BT 489.30 426.45 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 538.64 426.45 Td (, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 414.45 Td (include in our consolidated financial statements the assets and liabilities and results of operations of those entities, even though ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 402.45 Td (we may not own a majority voting interest. ) Tj ET Q q 0 0 0 rg BT 224.01 402.45 Td (The liabilities recognized as a result of consolidating these ) Tj ET Q q 0 0 0 rg BT 460.70 402.45 Td (VIEs do not represent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 390.45 Td (additional claims on our general assets; rather they represent claims against the specific assets of these ) Tj ET Q q 0 0 0 rg BT 461.40 390.45 Td (VIEs. ) Tj ET Q q 0 0 0 rg BT 486.40 390.45 Td (Assets of these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 378.45 Td (entities are not readily available to satisfy claims against our general assets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 360.45 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 360.45 Td (e are the primary beneficiary of our Blue Diamond Parts, LLC \("BDP"\) joint venture with Ford Motor Company \("Ford"\). ) Tj ET Q q 0 0 0 rg BT 549.09 360.45 Td (As ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 348.45 Td (a result, our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 99.49 348.45 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.13 348.45 Td ( include assets of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.22 348.45 Td ($32 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.62 348.45 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.05 348.45 Td ($39 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.45 348.45 Td (, respectively) Tj ET Q q 0 0 0 rg BT 452.11 348.45 Td (, and liabilities of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.59 348.45 Td ($4 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 336.45 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 336.45 Td (, for both periods, as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.93 336.45 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.64 336.45 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.07 336.45 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.07 336.45 Td (. ) Tj ET Q q 0 0 0 rg BT 287.52 336.45 Td (Assets include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.07 336.45 Td ($2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.46 336.45 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.90 336.45 Td ($4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.29 336.45 Td ( of cash and cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 324.45 Td (equivalents as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.20 324.45 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.91 324.45 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.35 324.45 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.35 324.45 Td (, respectively) Tj ET Q q 0 0 0 rg BT 281.01 324.45 Td (, which are not readily available to satisfy claims against our general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 312.45 Td (assets. ) Tj ET Q q 0 0 0 rg BT 77.65 312.45 Td (The creditors of BDP) Tj ET Q q 0 0 0 rg BT 163.09 312.45 Td ( do not have recourse to our general credit. In October 2019, Ford notified the Company of its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 300.45 Td (intention to dissolve the BDP) Tj ET Q q 0 0 0 rg BT 166.91 300.45 Td ( joint venture ef) Tj ET Q q 0 0 0 rg BT 230.32 300.45 Td (fective October 2021.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 282.45 Td (Our Financial Services segment consolidates several ) Tj ET Q q 0 0 0 rg BT 262.03 282.45 Td (VIEs. ) Tj ET Q q 0 0 0 rg BT 287.03 282.45 Td (As a result, our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 350.63 282.45 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.28 282.45 Td ( include secured assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 270.45 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 270.45 Td ($927 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.72 270.45 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.16 270.45 Td ($994 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.55 270.45 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.71 270.45 Td (October31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.42 270.45 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.86 270.45 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.86 270.45 Td (, respectively) Tj ET Q q 0 0 0 rg BT 368.52 270.45 Td (, and liabilities of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 270.45 Td ($838 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.40 270.45 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.83 270.45 Td ($852 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 258.45 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 258.45 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.55 258.45 Td (October31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.26 258.45 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.70 258.45 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.70 258.45 Td (, respectively) Tj ET Q q 0 0 0 rg BT 264.36 258.45 Td (, all of which are involved in securitizations that are treated as asset-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 246.45 Td (backed debt. In addition, our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 166.97 246.45 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.61 246.45 Td ( include secured assets of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.74 246.45 Td ($537 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.13 246.45 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.57 246.45 Td ($370 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.96 246.45 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 234.45 Td (October31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.21 234.45 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.65 234.45 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.65 234.45 Td (, respectively) Tj ET Q q 0 0 0 rg BT 211.31 234.45 Td (, and corresponding liabilities of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.50 234.45 Td ($279 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.89 234.45 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.33 234.45 Td ($205 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.72 234.45 Td (, at the respective dates, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 222.45 Td (which are related to other secured transactions that do not qualify for sale accounting treatment, and therefore, are treated as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 210.45 Td (borrowings secured by operating and finance leases. Investors that hold securitization debt have a priority claim on the cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 198.45 Td (flows generated by their respective securitized assets to the extent that the related ) Tj ET Q q 0 0 0 rg BT 377.24 198.45 Td (VIEs are required to make principal and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 186.45 Td (interest payments. Investors in securitizations of these entities have either no recourse, or limited recourse, to our general credit. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 168.45 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 168.45 Td (e also have an interest in other ) Tj ET Q q 0 0 0 rg BT 182.08 168.45 Td (VIEs, which we do not consolidate because we are not the primary beneficiary) Tj ET Q q 0 0 0 rg BT 496.03 168.45 Td (. Our financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 156.45 Td (support and maximum loss exposure relating to these non-consolidated ) Tj ET Q q 0 0 0 rg BT 336.21 156.45 Td (VIEs are not material to our financial condition, results ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 144.45 Td (of operations, or cash flows. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 126.45 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 126.45 Td (e use the equity method to account for our investments in entities that we do not control under the voting interest or variable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 114.45 Td (interest models, but where we have the ability to exercise significant influence over operating and financial policies. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 516.83 114.45 Td (Equity in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 102.45 Td (income of non-consolidated affiliates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.59 102.45 Td (includes our share of the net income of these entities. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 84.45 Td (Related Party T) Tj ET Q q 0 0 0 rg BT 113.56 84.45 Td (ransactions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 66.45 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 66.45 Td (e have a series of commercial relationships and agreements with ) Tj ET Q q 0 0 0 rg BT 317.86 66.45 Td (TRA) Tj ET Q q 0 0 0 rg BT 336.75 66.45 Td (T) Tj ET Q q 0 0 0 rg BT 342.68 66.45 Td (ON SE and certain of its subsidiaries and af) Tj ET Q q 0 0 0 rg BT 517.45 66.45 Td (filiates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 54.45 Td (\("TRA) Tj ET Q q 0 0 0 rg BT 75.80 54.45 Td (T) Tj ET Q q 0 0 0 rg BT 81.73 54.45 Td (ON Group"\), who holds ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.53 54.45 Td (16.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.36 54.45 Td ( of our common stock, for royalties related to use of certain engine technology) Tj ET Q q 0 0 0 rg BT 519.50 54.45 Td (, contract ) Tj ET Q endstream endobj 121 0 obj <> endobj 122 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (manufacturing operations performed by us, the sale of engines, the sale and purchase of parts, and a procurement joint venture. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 701.10 Td (e have also entered into development agreements with ) Tj ET Q q 0 0 0 rg BT 277.32 701.10 Td (TRA) Tj ET Q q 0 0 0 rg BT 296.21 701.10 Td (T) Tj ET Q q 0 0 0 rg BT 302.14 701.10 Td (ON Group involving certain engine and transmission projects. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (This development work is being expensed as incurred. Revenue recognized for the years ended October 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.13 689.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.13 689.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.13 689.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.13 689.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 677.10 Td ( was approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.31 677.10 Td ($157 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.70 677.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.70 677.10 Td ($146 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.09 677.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.53 677.10 Td ($1) Tj ET Q q 0 0 0 rg BT 287.16 677.10 Td (19 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.55 677.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 381.21 677.10 Td (. Net expenses incurred for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (October 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.21 665.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.21 665.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.21 665.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.21 665.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.65 665.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.65 665.10 Td ( were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.07 665.10 Td ($37 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.47 665.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.47 665.10 Td ($27 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.86 665.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.30 665.10 Td ($7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.69 665.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 419.35 665.10 Td (, included primarily in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 511.27 665.10 Td (Engineering ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (and pr) Tj ET Q q 0 0 0 rg BT 75.52 653.10 Td (oduct development costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.27 653.10 Td ( in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 201.88 653.10 Td (Consolidated Statements of Operations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.82 653.10 Td (Our receivable from ) Tj ET Q q 0 0 0 rg BT 447.21 653.10 Td (TRA) Tj ET Q q 0 0 0 rg BT 466.10 653.10 Td (T) Tj ET Q q 0 0 0 rg BT 472.02 653.10 Td (ON Group was) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.07 653.10 Td ($13 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 641.10 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.83 641.10 Td ($10 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.22 641.10 Td (as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.38 641.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.09 641.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.53 641.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.53 641.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 330.19 641.10 Td (. Our payable to ) Tj ET Q q 0 0 0 rg BT 396.93 641.10 Td (TRA) Tj ET Q q 0 0 0 rg BT 415.82 641.10 Td (T) Tj ET Q q 0 0 0 rg BT 421.75 641.10 Td (ON Group was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 641.10 Td ($55 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.19 641.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.10 Td ($25 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.89 629.10 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.05 629.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.76 629.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.20 629.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.20 629.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 281.86 629.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 611.10 Td (e have an exclusive long-term agreement to supply military and commercial parts and chassis to our former defense business, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.10 Td (ND Holdings, LLC \(Navistar Defense\), in which we retain a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.75 599.10 Td (30%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.08 599.10 Td ( ownership interest. ) Tj ET Q q 0 0 0 rg BT 402.00 599.10 Td (W) Tj ET Q q 0 0 0 rg BT 410.63 599.10 Td (e also entered into an intellectual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (property agreement and a transition services agreement. For the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.71 587.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.42 587.10 Td (, revenue recognized was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.76 575.10 Td ($57 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.15 575.10 Td (. ) Tj ET Q q 0 0 0 rg BT 160.60 575.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.04 575.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.75 575.10 Td (, our receivables from Navistar Defense were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.55 575.10 Td ($29 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.94 575.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 554.10 Td (Cash and Cash Equivalents ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 536.10 Td (All highly liquid financial instruments with original maturities of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.52 536.10 Td (90) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.52 536.10 Td (days or less, consisting primarily of U.S.) Tj ET Q q 0 0 0 rg BT 490.38 536.10 Td (T) Tj ET Q q 0 0 0 rg BT 496.14 536.10 Td (reasury bills, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 524.10 Td (federal agency securities, and commercial paper) Tj ET Q q 0 0 0 rg BT 241.78 524.10 Td (, are classified as cash equivalents. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 506.10 Td (Restricted cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.37 506.10 Td (is related to our securitization facilities, senior and subordinated floating rate asset-backed notes, wholesale ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 494.10 Td (trust agreements, indentured trust agreements, letters of credit, Environmental Protection ) Tj ET Q q 0 0 0 rg BT 406.89 494.10 Td (Agency \("EP) Tj ET Q q 0 0 0 rg BT 458.66 494.10 Td (A"\) requirements, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 482.10 Td (workers compensation requirements. ) Tj ET Q q 0 0 0 rg BT 199.28 482.10 Td (The restricted cash and cash equivalents for our securitized facilities are restricted to pay ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 470.10 Td (interest expense, principal, or other amounts associated with our securitization agreements. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 449.10 Td (Marketable Securities ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 431.10 Td (Marketable securities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.92 431.10 Td (consist of available-for) Tj ET Q q 0 0 0 rg BT 230.91 431.10 Td (-sale securities and are measured and reported at fair value. ) Tj ET Q q 0 0 0 rg BT 470.33 431.10 Td (The dif) Tj ET Q q 0 0 0 rg BT 499.30 431.10 Td (ference ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 419.10 Td (between amortized cost and fair value is recorded as a component of ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 326.05 419.10 Td (Accumulated other compr) Tj ET Q q 0 0 0 rg BT 429.54 419.10 Td (ehensive loss \("AOCL"\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.65 419.10 Td (in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 407.10 Td (Stockholders' Deficit, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.01 407.10 Td (net of taxes. Most securities with remaining maturities of less than twelve months and other investments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 395.10 Td (needed for current cash requirements are classified as current in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 322.99 395.10 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.63 395.10 Td (. Gains and losses on the sale ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 383.10 Td (of marketable securities are determined using the specific identification method and are recorded in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 449.89 383.10 Td (Other expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.58 383.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 365.10 Td (e evaluate our investments in marketable securities at the end of each reporting period to determine if a decline in fair value is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 353.10 Td (other than temporary) Tj ET Q q 0 0 0 rg BT 132.71 353.10 Td (. ) Tj ET Q q 0 0 0 rg BT 137.53 353.10 Td (When a decline in fair value is determined to be other than temporary) Tj ET Q q 0 0 0 rg BT 415.10 353.10 Td (, an impairment char) Tj ET Q q 0 0 0 rg BT 497.66 353.10 Td (ge is recorded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 341.10 Td (and a new cost basis in the investment is established. Our marketable securities are classified as Level 1 in the fair value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 329.10 Td (hierarchy) Tj ET Q q 0 0 0 rg BT 86.60 329.10 Td (. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 311.10 Td (Derivative Instruments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 294.60 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 294.60 Td (e utilize derivative instruments to manage certain exposure to changes in foreign currency exchange rates, interest rates, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 282.60 Td (commodity prices. ) Tj ET Q q 0 0 0 rg BT 126.25 282.60 Td (The fair values of all derivative instruments are recognized as assets or liabilities at the balance sheet date. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 270.60 Td (Changes in the fair value of these derivative instruments are recognized in our operating results or included in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 491.58 270.60 Td (AOCL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.14 270.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 258.60 Td (depending on whether the derivative instrument is a fair value or cash flow hedge and whether it qualifies for hedge accounting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 246.60 Td (treatment. ) Tj ET Q q 0 0 0 rg BT 92.08 246.60 Td (W) Tj ET Q q 0 0 0 rg BT 100.72 246.60 Td (e elected to apply the normal purchase and normal sale exclusion to certain commodity contracts that are entered ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 234.60 Td (into to be used in production within a reasonable time during the normal course of business. For the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.78 234.60 Td (October 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 222.60 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 222.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.50 222.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.50 222.60 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.44 222.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.44 222.60 Td (, we elected not to use hedge accounting and all changes in the fair value of our derivatives, except for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 210.60 Td (those qualifying under the normal purchases and normal sales exception, were recognized in our operating results. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 194.10 Td (Gains and losses on derivative instruments are recognized in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 294.15 194.10 Td (Costs of pr) Tj ET Q q 0 0 0 rg BT 337.68 194.10 Td (oducts sold) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.96 194.10 Td (, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 387.96 194.10 Td (Inter) Tj ET Q q 0 0 0 rg BT 407.03 194.10 Td (est expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.28 194.10 Td (, or ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 468.11 194.10 Td (Other expense, net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 182.10 Td (depending on the underlying exposure. ) Tj ET Q q 0 0 0 rg BT 207.62 182.10 Td (The exchange of cash associated with derivative transactions is classified in the ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 170.10 Td (Consolidated Statements of Cash Flows) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.95 170.10 Td ( in the same category as the cash flows from the items subject to the economic hedging ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 158.10 Td (relationships. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 137.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.24 137.10 Td (rade and Finance Receivables ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 116.10 Td (T) Tj ET Q q 0 0 0 rg BT 54.51 116.10 Td (rade Receivables ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 99.60 Td (T) Tj ET Q q 0 0 0 rg BT 55.26 99.60 Td (rade accounts receivable and trade notes receivable primarily arise from sales of goods to independently owned and operated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 87.60 Td (dealers, original equipment manufacturers \("OEMs"\), and commercial customers in the normal course of business. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 66.60 Td (Finance Receivables ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 48.60 Td (Finance receivables consist of the following: ) Tj ET Q endstream endobj 123 0 obj <> endobj 124 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (61) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 58.50 713.10 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 72.00 713.10 Td (Retail notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.49 713.10 Td (Retail notes primarily consist of fixed rate loans to commercial customers to facilitate their purchase of new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 701.10 Td (and used trucks, and related equipment. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 58.50 683.10 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 72.00 683.10 Td (Finance leases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.70 683.10 Td (Finance leases consist of direct financing leases to commercial customers for acquisition of new and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 671.10 Td (used trucks, and related equipment. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 58.50 653.10 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 72.00 653.10 Td (Wholesale notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.26 653.10 Td (Wholesale notes primarily consist of variable rate loans to our dealers for the purchase of new and used ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 641.10 Td (trucks, and related equipment. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 58.50 623.10 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 72.00 623.10 Td (Retail accounts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.93 623.10 Td (Retail accounts consist of short-term accounts receivable that finance the sale of products to commercial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 611.10 Td (customers. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 58.50 593.10 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 72.00 593.10 Td (Wholesale accounts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.70 593.10 Td (Wholesale accounts consist of short-term accounts receivable primarily related to the sales of items ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 581.10 Td (other than trucks, and related equipment \(e.g. service parts\) to dealers. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (Finance receivables are classified as held-to-maturity and are recorded at gross value less unearned income and are reported net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (of allowances for doubtful accounts. Unearned revenue is amortized to revenue over the life of the receivable using the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (ef) Tj ET Q q 0 0 0 rg BT 57.09 539.10 Td (fective interest method. Our Financial Services operations purchase the majority of the wholesale notes receivable and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 527.10 Td (accounts receivable arising from our Manufacturing operations. ) Tj ET Q q 0 0 0 rg BT 306.45 527.10 Td (The Financial Services operations retain as collateral a security ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 515.10 Td (interest in the equipment associated with retail notes, wholesale notes, and finance leases.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (Sales of T) Tj ET Q q 0 0 0 rg BT 88.40 497.10 Td (rade and Finance Receivables ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 479.10 Td (e sell finance receivables using a process commonly known as securitization, whereby asset-backed securities are sold via ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.10 Td (public of) Tj ET Q q 0 0 0 rg BT 85.14 467.10 Td (fering or private placement. None of our securitizations qualify for sales accounting treatment or as an of) Tj ET Q q 0 0 0 rg BT 505.09 467.10 Td (f-balance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.10 Td (sheet arrangement. ) Tj ET Q q 0 0 0 rg BT 129.47 455.10 Td (As a result, the transferred receivables and the associated secured borrowings are included in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 443.10 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.15 443.10 Td ( and no gain or loss is recorded on the sale. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 425.10 Td (e also act as servicer of transferred receivables. ) Tj ET Q q 0 0 0 rg BT 249.24 425.10 Td (The servicing duties include collecting payments on receivables and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (preparing monthly investor reports on the performance of the receivables that are used by the trustee to distribute monthly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (interest and principal payments to investors. ) Tj ET Q q 0 0 0 rg BT 228.45 401.10 Td (While servicing the receivables, we apply the same servicing policies and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (procedures that are applied to our owned receivables.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.10 Td (On a limited basis, we have sold certain receivables to third party lenders, without recourse or future obligations, and generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.10 Td (with no gain or loss.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 341.10 Td (Allowance for Doubtful ) Tj ET Q q 0 0 0 rg BT 146.26 341.10 Td (Accounts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.10 Td (An allowance for doubtful accounts is established through a char) Tj ET Q q 0 0 0 rg BT 308.96 323.10 Td (ge to ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 331.18 323.10 Td (Selling, general and administrative \("SG&A"\) expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.98 323.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.10 Td (The allowance is an estimate of the amount required to absorb probable losses on trade and finance receivables that may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 299.10 Td (become uncollectible. ) Tj ET Q q 0 0 0 rg BT 139.56 299.10 Td (The receivables are char) Tj ET Q q 0 0 0 rg BT 236.81 299.10 Td (ged of) Tj ET Q q 0 0 0 rg BT 261.90 299.10 Td (f when amounts due are determined to be uncollectible. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 281.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 281.10 Td (e have two portfolio segments of finance receivables based on the type of financing inherent to each portfolio. ) Tj ET Q q 0 0 0 rg BT 500.86 281.10 Td (The retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.10 Td (portfolio segment represents loans or leases to end-users for the purchase or lease of vehicles. ) Tj ET Q q 0 0 0 rg BT 426.41 269.10 Td (The wholesale portfolio segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.10 Td (represents loans to dealers to finance their inventory) Tj ET Q q 0 0 0 rg BT 257.94 257.10 Td (. ) Tj ET Q q 0 0 0 rg BT 262.39 257.10 Td (As the initial measurement attributes and the monitoring and assessment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.10 Td (of credit risk or the performance of the receivables are consistent within each of our receivable portfolios, we determined that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.10 Td (each portfolio consisted of one class of receivable.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 215.10 Td (Impaired receivables are specifically identified and segregated from the remaining portfolio. ) Tj ET Q q 0 0 0 rg BT 421.38 215.10 Td (The expected loss on impaired ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.10 Td (receivables is fully reserved in a separate calculation as a specific reserve based on the unique ability of the customer to pay and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.10 Td (the estimated value of the collateral. ) Tj ET Q q 0 0 0 rg BT 196.76 191.10 Td (The historical loss experience and portfolio quality trends of the retail portfolio segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.10 Td (compared to the wholesale portfolio segment are inherently dif) Tj ET Q q 0 0 0 rg BT 300.90 179.10 Td (ferent. ) Tj ET Q q 0 0 0 rg BT 328.67 179.10 Td (A) Tj ET Q q 0 0 0 rg BT 335.33 179.10 Td ( specific reserve on impaired retail receivables is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.10 Td (recorded if the estimated fair value of the underlying collateral, net of selling costs, is less than the principal balance of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.10 Td (receivable. ) Tj ET Q q 0 0 0 rg BT 95.40 155.10 Td (W) Tj ET Q q 0 0 0 rg BT 104.04 155.10 Td (e calculate a general reserve on the remaining loan portfolio by applying loss ratios which are determined using ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 143.10 Td (actual loss experience and customer payment history) Tj ET Q q 0 0 0 rg BT 259.89 143.10 Td (, in conjunction with current economic and portfolio quality trends. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 131.10 Td (addition, we analyze specific economic indicators such as tonnage, fuel prices, and gross domestic product for additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 119.10 Td (insight into the overall state of the economy and its potential impact on our portfolio.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.10 Td (T) Tj ET Q q 0 0 0 rg BT 54.91 101.10 Td (o establish a specific reserve for impaired wholesale receivables, we consider the same factors discussed above but also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 89.10 Td (consider the financial strength of the dealer and key management, the timeliness of payments, the number and location of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 77.10 Td (satellite locations, the number of dealers of competitor manufacturers in the market area, the type of equipment normally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 65.10 Td (financed, and the seasonality of the business. ) Tj ET Q endstream endobj 125 0 obj <> endobj 126 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (62) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (Repossessions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.10 Td (Gains or losses arising from the sale of repossessed collateral supporting finance receivables and operating leases are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.10 Td (recognized in) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 103.64 683.10 Td ( Other expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.83 683.10 Td (. Repossessed assets are recorded within ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 344.95 683.10 Td (Inventories ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.44 683.10 Td (at the lower of historical cost or fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (value, less estimated costs to sell.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (Inventories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 635.10 Td (Inventories are valued at the lower of cost and net realizable value \("NR) Tj ET Q q 0 0 0 rg BT 337.66 635.10 Td (V"\). Cost is principally determined using the first-in, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.10 Td (first-out method. Our gross used truck inventory was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.63 623.10 Td ($200 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.02 623.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.24 623.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.95 623.10 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.65 623.10 Td ($154 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.04 623.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.26 623.10 Td (October31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 611.10 Td (, of) Tj ET Q q 0 0 0 rg BT 82.65 611.10 Td (fset by reserves of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.18 611.10 Td ($37 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.57 611.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.01 611.10 Td ($31 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.40 611.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 323.06 611.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.10 Td (In valuing our used truck inventory) Tj ET Q q 0 0 0 rg BT 190.21 593.10 Td (, we are required to make assumptions regarding the level of reserves required to value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.10 Td (inventories at their NR) Tj ET Q q 0 0 0 rg BT 140.07 581.10 Td (V) Tj ET Q q 0 0 0 rg BT 146.00 581.10 Td (. Our judgments and estimates for used truck inventory are based on an analysis of current and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (forecasted sales prices, aging of and demand for used trucks, and the mix of sales through various market channels. ) Tj ET Q q 0 0 0 rg BT 513.06 569.10 Td (The NR) Tj ET Q q 0 0 0 rg BT 544.20 569.10 Td (V) Tj ET Q q 0 0 0 rg BT 551.24 569.10 Td ( is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.10 Td (subject to change based on numerous conditions, including age, specifications, mileage, timing of sales, market mix and current ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.10 Td (and forecasted pricing. ) Tj ET Q q 0 0 0 rg BT 143.17 545.10 Td (While calculations are made after taking these factors into account, significant management judgment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.10 Td (regarding expectations for future events is involved. Future events that could significantly influence our judgment and related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (estimates include general economic conditions in markets where our products are sold, actions of our competitors, and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.10 Td (ability to sell used trucks in a timely manner) Tj ET Q q 0 0 0 rg BT 226.69 509.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.10 Td (The following table presents our used truck reserve:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 461.6 m 464.5 461.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464.5 461.6 m 469.5 461.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 461.6 m 512.5 461.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 461.6 m 517.5 461.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517.5 461.6 m 560.5 461.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 461.6 m 464.5 461.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 448.6 m 464.5 448.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 461.6 m 512.5 461.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 448.6 m 512.5 448.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517.5 461.6 m 560.5 461.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517.5 448.6 m 560.5 448.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 448.6 m 464.5 448.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 448.6 m 512.5 448.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517.5 448.6 m 560.5 448.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 403.6 m 464.5 403.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 389.6 m 464.5 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 387.6 m 464.5 387.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 403.6 m 512.5 403.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 389.6 m 512.5 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 387.6 m 512.5 387.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517.5 403.6 m 560.5 403.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517.5 389.6 m 560.5 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517.5 387.6 m 560.5 387.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.05 465.83 Td (For) Tj ET Q q 0 0 0 rg BT 447.42 465.83 Td ( the ) Tj ET Q q 0 0 0 rg BT 461.86 465.83 Td (Y) Tj ET Q q 0 0 0 rg BT 467.04 465.83 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 534.97 465.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 452.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.00 452.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 482.50 452.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.50 452.83 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 438.27 Td (Balance at beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.50 438.17 Td (.................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.00 438.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.65 438.28 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.00 438.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 438.27 Td (1) Tj ET Q q 0 0 0 rg BT 498.65 438.27 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.00 438.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 438.27 Td (208) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 423.27 Td (Additions char) Tj ET Q q 0 0 0 rg BT 129.97 423.27 Td (ged to expense) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 189.40 427.80 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.00 423.17 Td (........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.65 423.28 Td (69) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 423.27 Td (50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 423.27 Td (1) Tj ET Q q 0 0 0 rg BT 546.65 423.27 Td (1) Tj ET Q q 0 0 0 rg BT 551.65 423.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 408.27 Td (Deductions/Other adjustments) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 192.37 412.80 Td (\(B\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.50 408.17 Td (.......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.30 408.33 Td (\(63) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.65 408.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.30 408.32 Td (\(129) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.65 408.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 408.32 Td (\(209) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 408.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 393.27 Td (Balance at end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.50 393.17 Td (...........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.00 393.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.65 393.28 Td (37) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.00 393.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 393.27 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.00 393.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 393.27 Td (1) Tj ET Q q 0 0 0 rg BT 546.65 393.27 Td (10) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 379.50 Td (_________________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 363.90 Td (\(A\) ) Tj ET Q q 0 0 0 rg BT 85.50 363.90 Td (Additions char) Tj ET Q q 0 0 0 rg BT 132.68 363.90 Td (ged to expense reflects the increase of the reserve for inventory on hand. ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 351.30 Td (\(B\) ) Tj ET Q q 0 0 0 rg BT 85.50 351.30 Td (Deductions/Other adjustments include reductions of the reserve related to the sale of units.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 330.30 Td (Property and Equipment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 312.30 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 312.30 Td (e report land, buildings, leasehold improvements, machinery and equipment \(including tooling and pattern equipment\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 300.30 Td (furniture, fixtures, and equipment, and equipment leased to others at cost, net of depreciation. ) Tj ET Q q 0 0 0 rg BT 426.15 300.30 Td (W) Tj ET Q q 0 0 0 rg BT 434.78 300.30 Td (e initially record assets under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 288.30 Td (capital lease obligations at the lower of their fair value or the present value of the aggregate future minimum lease payments. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 276.30 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 276.30 Td (e depreciate our assets using the straight-line method over the shorter of the lease term or the estimated useful lives of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 264.30 Td (assets. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 246.30 Td (The ranges of estimated useful lives are as follows: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510 220.79999999999995 m 560 220.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510 220.79999999999995 m 560 220.79999999999995 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.90 225.03 Td (Y) Tj ET Q q 0 0 0 rg BT 529.79 225.03 Td (ears) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 210.47 Td (Buildings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.50 210.37 Td (......................................................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.30 210.47 Td (20-50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 195.47 Td (Leasehold improvements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 195.37 Td (.............................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 195.47 Td (3 - 20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 180.47 Td (Machinery and equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.00 180.37 Td (...........................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 180.47 Td (3 - 12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 165.47 Td (Furniture, fixtures, and equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.50 165.37 Td (..............................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 165.47 Td (3 - 15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 150.47 Td (Equipment leased to others) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.50 150.37 Td (..........................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 150.47 Td (1 - 10) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 128.30 Td (Long-lived assets are evaluated periodically to determine if an adjustment to the depreciation and amortization period or to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 116.30 Td (unamortized balance is warranted. Such evaluation is based principally on the expected utilization of the long-lived assets. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 98.30 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 98.30 Td (e depreciate trucks, tractors, and trailers leased to customers under operating lease agreements on a straight-line basis to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 86.30 Td (equipment's estimated residual value over the lease term. ) Tj ET Q q 0 0 0 rg BT 279.65 86.30 Td (The residual values of the equipment represent estimates of the value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 74.30 Td (of the assets at the end of the lease contracts and are initially recorded based on estimates of future market values. Realization ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 62.30 Td (of the residual values is dependent on our future ability to market the equipment. ) Tj ET Q q 0 0 0 rg BT 375.06 62.30 Td (W) Tj ET Q q 0 0 0 rg BT 383.70 62.30 Td (e review residual values periodically to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 50.30 Td (determine that recorded amounts are appropriate and the equipment is not impaired. ) Tj ET Q endstream endobj 127 0 obj <> endobj 128 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (Maintenance and repairs of property and equipment are expensed as incurred. ) Tj ET Q q 0 0 0 rg BT 362.52 713.10 Td (W) Tj ET Q q 0 0 0 rg BT 371.16 713.10 Td (e capitalize replacements and improvements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (that increase the estimated useful life or productive capacity of an asset and we capitalize interest on major construction and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (development projects while in progress. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (Gains or losses on disposition of property and equipment are recognized in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 351.65 671.10 Td (Other expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.35 671.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 653.10 Td (e test for impairment of long-lived assets whenever events or changes in circumstances indicate that the carrying value of an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (asset or asset group \(hereinafter referred to as "asset group"\) may not be recoverable by comparing the sum of the estimated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.10 Td (undiscounted future cash flows expected to result from the operation of the asset group and its eventual disposition to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (carrying value.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.10 Td (During 2019, we identified a triggering event related to continued economic weakness in Brazil and the initiation of strategic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (cost reduction actions in the Brazilian asset group, which is included in the Global Operations segment. ) Tj ET Q q 0 0 0 rg BT 465.52 587.10 Td (As a result, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (estimated the recoverable amount of the asset group and determined that the sum of the undiscounted future cash flows exceeds ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (the carrying value and the asset group was not impaired. It is reasonably possible that within the next twelve months, we could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (recognize impairment char) Tj ET Q q 0 0 0 rg BT 156.49 551.10 Td (ges if we experience adverse changes in our business including further declines in profitability due to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (changes in volume, market pricing, cost, or the business environment. Significant adverse changes to our business environment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 527.10 Td (and future cash flows, or our inability to realize cost savings from our restructuring activities, could cause us to record ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 515.10 Td (impairment char) Tj ET Q q 0 0 0 rg BT 115.13 515.10 Td (ges in future periods, which could be material.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (Included in equipment leased to others are trucks that we produced or acquired to lease to customers as well as equipment that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.10 Td (is financed by Bank of Montreal \("BMO"\) that does not qualify for revenue recognition, as we retained control in the leased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 473.10 Td (property) Tj ET Q q 0 0 0 rg BT 82.73 473.10 Td (, which are accounted for as operating leases and borrowings, respectively) Tj ET Q q 0 0 0 rg BT 379.19 473.10 Td (. In the ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 409.73 473.10 Td (Consolidated Statement of Cash ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 461.10 Td (Flows,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.45 461.10 Td ( the related expenditures are reflected as the ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 254.69 461.10 Td (Pur) Tj ET Q q 0 0 0 rg BT 269.31 461.10 Td (chases of equipment leased to others) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.23 461.10 Td ( in the investing section.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 443.10 Td (Goodwill and Other Intangible ) Tj ET Q q 0 0 0 rg BT 178.60 443.10 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (Goodwill represents the excess of the cost of an acquired business over the amounts assigned to the net assets. Goodwill is not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (amortized but is tested for impairment at a reporting unit level on an annual basis or more frequently) Tj ET Q q 0 0 0 rg BT 451.23 413.10 Td (, if circumstances change ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (or an event occurs that would more likely than not reduce the fair value of a reporting unit below its carrying amount. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 383.10 Td (Qualitative factors may be assessed to determine whether it is more likely than not that the fair value of the reporting unit is less ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.10 Td (than its carrying amount. If the qualitative assessment indicates that the carrying amount is more likely than not higher than the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.10 Td (fair value, goodwill is tested for impairment based on a two-step test. ) Tj ET Q q 0 0 0 rg BT 328.69 359.10 Td (The first step compares the fair value of a reporting unit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.10 Td (with its carrying amount, including goodwill. If the fair value of a reporting unit exceeds its carrying amount, goodwill of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 335.10 Td (reporting unit is considered not impaired, thus the second step of the impairment test is unnecessary) Tj ET Q q 0 0 0 rg BT 448.20 335.10 Td (. If the carrying amount of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.10 Td (reporting unit exceeds its fair value, the second step of the goodwill impairment test shall be performed to measure the amount ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.10 Td (of impairment loss, if any) Tj ET Q q 0 0 0 rg BT 151.89 311.10 Td (. ) Tj ET Q q 0 0 0 rg BT 156.71 311.10 Td (The second step compares the implied fair value of reporting unit goodwill with the carrying amount ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 299.10 Td (of that goodwill. If the carrying amount of reporting unit goodwill exceeds the implied fair value of that goodwill, an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 287.10 Td (impairment loss shall be recognized in an amount equal to that excess.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.10 Td (Significant judgment is applied when goodwill is assessed for impairment. ) Tj ET Q q 0 0 0 rg BT 350.11 269.10 Td (This judgment includes developing cash flow ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.10 Td (projections, selecting appropriate discount rates, identifying relevant market comparables, incorporating general economic and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.10 Td (market conditions, and selecting an appropriate control premium.) Tj ET Q q 0 0 0 rg BT 313.13 245.10 Td (The income approach is based on discounted cash flows ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.10 Td (which are derived from internal forecasts and economic expectations for each respective reporting unit. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 215.10 Td (An intangible asset determined to have an indefinite useful life is not amortized until its useful life is determined to no longer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.10 Td (be indefinite. Indefinite-lived intangible assets are evaluated each reporting period to determine whether events and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.10 Td (circumstances continue to support an indefinite useful life. Indefinite-lived intangible assets are tested for impairment annually ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.10 Td (or more frequently if events or changes in circumstances indicate that the asset might be impaired. ) Tj ET Q q 0 0 0 rg BT 445.02 179.10 Td (The impairment test consists ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.10 Td (of a comparison of the fair value of the indefinite-lived intangible asset with its carrying amount. If the carrying amount of an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.10 Td (indefinite-lived intangible asset exceeds its fair value, an impairment loss is recognized in an amount equal to that excess. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.10 Td (Significant judgment is applied when evaluating if an intangible asset has a finite useful life. In addition, for indefinite-lived ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 125.10 Td (intangible assets, significant judgment is applied in testing for impairment. ) Tj ET Q q 0 0 0 rg BT 350.93 125.10 Td (This judgment includes developing cash flow ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 113.10 Td (projections, selecting appropriate discount rates, identifying relevant market comparables, and incorporating general economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.10 Td (and market conditions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 83.10 Td (Intangible assets subject to amortization are also evaluated for impairment or when indicators of impairment are determined to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.10 Td (exist. ) Tj ET Q q 0 0 0 rg BT 73.21 71.10 Td (W) Tj ET Q q 0 0 0 rg BT 81.84 71.10 Td (e test for impairment of intangible assets, subject to amortization, by comparing the sum of the estimated undiscounted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 59.10 Td (future cash flows expected to result from the operation of the asset group and its eventual disposition to the carrying value. If ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 47.10 Td (the sum of the undiscounted future cash flows is less than the carrying value, the fair value of the asset group is determined. ) Tj ET Q endstream endobj 129 0 obj <> endobj 130 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (The amount of impairment is calculated by subtracting the fair value of the asset group from the carrying value of the asset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (group. Intangible assets, subject to amortization, could become impaired in the future or require additional char) Tj ET Q q 0 0 0 rg BT 494.73 701.10 Td (ges as a result of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (declines in profitability due to changes in volume, market pricing, cost, manner in which an asset is used, physical condition of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (an asset, laws and regulations, or the business environment. ) Tj ET Q q 0 0 0 rg BT 290.38 677.10 Td (W) Tj ET Q q 0 0 0 rg BT 299.02 677.10 Td (e amortize the cost of intangible assets over their respective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (estimated useful lives, generally on a straight-line basis. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.10 Td (The ranges for the amortization periods are generally as follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 621.6 m 563 621.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 621.6 m 563 621.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.90 625.83 Td (Y) Tj ET Q q 0 0 0 rg BT 532.79 625.83 Td (ears) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 611.27 Td (Customer base and relationships) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.50 611.17 Td (..................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.80 611.27 Td (3-15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 596.27 Td (T) Tj ET Q q 0 0 0 rg BT 58.43 596.27 Td (rademarks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.00 596.17 Td (...................................................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.50 596.27 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 581.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 581.17 Td (.............................................................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.80 581.27 Td (3-18) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 559.10 Td (Investments in Non-consolidated ) Tj ET Q q 0 0 0 rg BT 187.20 559.10 Td (Af) Tj ET Q q 0 0 0 rg BT 197.01 559.10 Td (filiates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 541.10 Td (Equity method investments are recorded at original cost and adjusted periodically to recognize \(i\)our proportionate share of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 529.10 Td (investees' net income or losses after the date of investment, \(ii\)additional contributions made and dividends or distributions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 517.10 Td (received, and \(iii\)impairment losses resulting from adjustments to fair value. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 499.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 499.10 Td (e assess the potential impairment of our equity method investments and determine fair value based on valuation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 487.10 Td (methodologies, as appropriate, including the present value of estimated future cash flows, estimates of sales proceeds, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 475.10 Td (market multiples. If an investment is determined to be impaired and the decline in value is other than temporary) Tj ET Q q 0 0 0 rg BT 496.21 475.10 Td (, we record an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 463.10 Td (appropriate write-down. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 442.10 Td (Debt Issuance Costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 424.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 424.10 Td (e amortize debt issuance costs, discounts and premiums over the remaining life of the related debt using the ef) Tj ET Q q 0 0 0 rg BT 498.66 424.10 Td (fective interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 412.10 Td (method. ) Tj ET Q q 0 0 0 rg BT 84.31 412.10 Td (The related income or expense is included in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 265.92 412.10 Td (Inter) Tj ET Q q 0 0 0 rg BT 284.98 412.10 Td (est expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.24 412.10 Td (. ) Tj ET Q q 0 0 0 rg BT 335.06 412.10 Td (W) Tj ET Q q 0 0 0 rg BT 343.69 412.10 Td (e record debt issuance costs, discounts and premiums ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 400.10 Td (associated with term debt as a direct deduction from, or addition to, the face amount of the debt. ) Tj ET Q q 0 0 0 rg BT 436.14 400.10 Td (W) Tj ET Q q 0 0 0 rg BT 444.78 400.10 Td (e record debt issuance costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 388.10 Td (associated with line-of-credit debt as other assets. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 367.10 Td (Pensions and Postretirement Benefits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 349.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 349.10 Td (e use actuarial methods and assumptions to account for our pension plans and other postretirement benefit plans. Pension and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 337.10 Td (other postretirement benefits expense includes the actuarially computed cost of benefits earned during the current service ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 325.10 Td (period, the interest cost on accrued obligations, the expected return on plan assets, the straight-line amortization of net actuarial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 313.10 Td (gains and losses and plan amendments, and adjustments due to settlements and curtailments. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 295.10 Td (Engineering and Product Development Costs ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 277.10 Td (Engineering and pr) Tj ET Q q 0 0 0 rg BT 127.45 277.10 Td (oduct development costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.70 277.10 Td (arise from ongoing costs associated with improving existing products and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 265.10 Td (manufacturing processes and for the introduction of new truck and engine components and products, and are expensed as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 253.10 Td (incurred. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 235.10 Td (Advertising Costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 214.10 Td (Advertising costs are expensed as incurred and are included in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 301.63 214.10 Td (SG&A) Tj ET Q q 0 0 0 rg BT 327.56 214.10 Td ( expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.60 214.10 Td (. ) Tj ET Q q 0 0 0 rg BT 370.42 214.10 Td (These costs totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.01 214.10 Td ($31 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.40 214.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.40 214.10 Td ($31 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.79 214.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 202.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.44 202.10 Td ($26 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.83 202.10 Td ( for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.18 202.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.89 202.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.89 202.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.89 202.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.83 202.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.83 202.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 383.49 202.10 Td (. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 181.10 Td (Contingency ) Tj ET Q q 0 0 0 rg BT 103.86 181.10 Td (Accruals ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 163.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 163.10 Td (e accrue for loss contingencies associated with outstanding litigation for which we have determined it is probable that a loss ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 151.10 Td (has occurred and the amount of loss can be reasonably estimated. Our asbestos, product liability) Tj ET Q q 0 0 0 rg BT 433.19 151.10 Td (, environmental, and workers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 139.10 Td (compensation accruals also include estimated future legal fees associated with the loss contingencies, as we believe we can ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 127.10 Td (reasonably estimate those costs. In all other instances, legal fees are expensed as incurred. ) Tj ET Q q 0 0 0 rg BT 411.68 127.10 Td (These expenses may be recorded in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 115.10 Td (Costs of pr) Tj ET Q q 0 0 0 rg BT 93.03 115.10 Td (oducts sold, SG&A) Tj ET Q q 0 0 0 rg BT 169.24 115.10 Td ( expenses, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.27 115.10 Td (or ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 223.10 115.10 Td (Other expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.80 115.10 Td (. ) Tj ET Q q 0 0 0 rg BT 302.62 115.10 Td (These estimates are based on our expectations of the scope, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 103.10 Td (length to complete, and complexity of the claims. In the future, additional adjustments may be recorded as the scope, length, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 91.10 Td (complexity of outstanding litigation changes. ) Tj ET Q endstream endobj 131 0 obj <> endobj 132 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (65) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 713.25 Td (arranty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 695.25 Td (e generally of) Tj ET Q q 0 0 0 rg BT 112.93 695.25 Td (fer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.53 695.25 Td (one) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.96 695.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.74 695.25 Td (five) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.29 695.25 Td (-year warranty coverage for our truck, bus, and engine products, as well as our service parts. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.25 Td (T) Tj ET Q q 0 0 0 rg BT 54.91 683.25 Td (erms and conditions vary by product, customer) Tj ET Q q 0 0 0 rg BT 242.52 683.25 Td (, and country) Tj ET Q q 0 0 0 rg BT 294.36 683.25 Td (. ) Tj ET Q q 0 0 0 rg BT 299.18 683.25 Td (W) Tj ET Q q 0 0 0 rg BT 307.82 683.25 Td (e accrue warranty related costs under standard warranty terms ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.25 Td (and for certain claims outside the contractual obligation period that we choose to pay as accommodations to our customers. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.25 Td (Our warranty estimates are established using historical information about the nature, frequency) Tj ET Q q 0 0 0 rg BT 429.28 653.25 Td (, timing, and average cost of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.25 Td (warranty claims. ) Tj ET Q q 0 0 0 rg BT 118.46 641.25 Td (W) Tj ET Q q 0 0 0 rg BT 127.10 641.25 Td (arranty claims are influenced by numerous factors, including new product introductions, technological ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.25 Td (developments, the competitive environment, the design and manufacturing process, and the complexity and related costs of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.25 Td (component parts. ) Tj ET Q q 0 0 0 rg BT 120.69 617.25 Td (W) Tj ET Q q 0 0 0 rg BT 129.33 617.25 Td (e estimate our warranty accrual for our engines and trucks based on engine types and model years. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.25 Td (warranty accruals take into account the projected ultimate cost-per) Tj ET Q q 0 0 0 rg BT 315.29 605.25 Td (-unit \("CPU"\) utilizing historical claims information. ) Tj ET Q q 0 0 0 rg BT 529.63 605.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.25 Td (CPU represents the total cash projected to be spent for warranty claims for a particular model year during the warranty period, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.25 Td (divided by the number of units sold. ) Tj ET Q q 0 0 0 rg BT 196.53 581.25 Td (The projection of the ultimate CPU is af) Tj ET Q q 0 0 0 rg BT 357.14 581.25 Td (fected by component failure rates, repair costs, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.25 Td (the timing of failures in the product life cycle. ) Tj ET Q q 0 0 0 rg BT 235.93 569.25 Td (W) Tj ET Q q 0 0 0 rg BT 244.56 569.25 Td (arranty claims inherently have a high amount of variability in timing and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.25 Td (severity and can be influenced by external factors. Our warranty estimation process takes into consideration numerous variables ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.25 Td (that contribute to the precision of the estimate, but also add to the complexity of the model. Including numerous variables also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.25 Td (reduces the sensitivity of the model to any one variable. ) Tj ET Q q 0 0 0 rg BT 275.09 533.25 Td (W) Tj ET Q q 0 0 0 rg BT 283.72 533.25 Td (e perform periodic reviews of warranty spend data to allow for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.25 Td (timely consideration of the ef) Tj ET Q q 0 0 0 rg BT 167.06 521.25 Td (fects on warranty accruals. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 503.25 Td (Initial warranty estimates for new model year products are based on the previous model year product's warranty experience ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.25 Td (until the new product progresses suf) Tj ET Q q 0 0 0 rg BT 194.01 491.25 Td (ficiently through its life cycle and related claims data becomes mature. Historically) Tj ET Q q 0 0 0 rg BT 526.02 491.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.25 Td (warranty claims experience for launch-year products has been higher compared to the prior model-year engines; however) Tj ET Q q 0 0 0 rg BT 534.73 479.25 Td (, over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.25 Td (time we have been able to refine both the design and manufacturing process to reduce both the volume and the severity of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.25 Td (warranty claims. New product launches require a greater use of judgment in developing estimates until historical experience ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.25 Td (becomes available. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 425.25 Td (e record adjustments to pre-existing warranties for changes in our estimate of warranty costs for products sold in prior fiscal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.25 Td (years. Such adjustments typically occur when claims experience deviates from historic and expected trends. Future events and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.25 Td (circumstances could materially change these estimates and require additional adjustments to our liability) Tj ET Q q 0 0 0 rg BT 467.05 401.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 383.25 Td (When we identify cost ef) Tj ET Q q 0 0 0 rg BT 149.84 383.25 Td (fective opportunities to address issues in products sold or corrective actions for safety issues, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.25 Td (initiate product recalls or field campaigns. ) Tj ET Q q 0 0 0 rg BT 220.28 371.25 Td (As a result of the uncertainty surrounding the nature and frequency of product recalls ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.25 Td (and field campaigns, the liability for such actions are generally recorded when we commit to a product recall or field campaign. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.25 Td (Each subsequent quarter after a recall or campaign is initiated the recorded liability balance is analyzed, reviewed, and adjusted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 335.25 Td (if necessary to reflect any changes in the anticipated average cost of repair or number of repairs to be completed prospectively) Tj ET Q q 0 0 0 rg BT 553.64 335.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.25 Td (Included in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.26 323.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.26 323.25 Td ( warranty expense were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.44 323.25 Td ($27 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.83 323.25 Td ( of char) Tj ET Q q 0 0 0 rg BT 291.18 323.25 Td (ges related to new campaign issuances as well as changes in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.25 Td (estimates of previously issued campaigns, as compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.05 311.25 Td ($10 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.45 311.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.88 311.25 Td ($21 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.28 311.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.05 311.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.05 311.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.49 311.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.49 311.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 520.15 311.25 Td (. ) Tj ET Q q 0 0 0 rg BT 524.97 311.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 299.25 Td (char) Tj ET Q q 0 0 0 rg BT 66.53 299.25 Td (ges were primarily recognized as adjustments to pre-existing warranties. ) Tj ET Q q 0 0 0 rg BT 358.10 299.25 Td (As we continue to identify opportunities to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 287.25 Td (improve the design and manufacturing of our engines we may incur additional char) Tj ET Q q 0 0 0 rg BT 382.55 287.25 Td (ges for product recalls and field campaigns ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 275.25 Td (to address identified issues.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.25 Td (Optional extended warranty contracts can be purchased for periods ranging from one to ten years. ) Tj ET Q q 0 0 0 rg BT 442.51 257.25 Td (W) Tj ET Q q 0 0 0 rg BT 451.15 257.25 Td (arranty revenues related to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.25 Td (extended warranty contracts are amortized to income, over the life of the contract, \(a\) in 2019 in proportion to the costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.25 Td (expected to be incurred in satisfying the obligation under the contract and \(b\) in 2018 and 2017 using the straight-line method. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.25 Td (Costs under extended warranty contracts are expensed as incurred. ) Tj ET Q q 0 0 0 rg BT 318.10 221.25 Td (W) Tj ET Q q 0 0 0 rg BT 326.74 221.25 Td (e recognize losses on defined pools of extended warranty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 209.25 Td (contracts when the expected costs for a given pool of contracts exceed related unearned revenue. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.25 Td (When collection is reasonably assured, we also estimate the amount of warranty claim recoveries to be received from our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.25 Td (suppliers and record them in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 165.86 179.25 Td (Other curr) Tj ET Q q 0 0 0 rg BT 208.54 179.25 Td (ent assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.15 179.25 Td ( and ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 266.58 179.25 Td (Other noncurr) Tj ET Q q 0 0 0 rg BT 324.27 179.25 Td (ent assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.87 179.25 Td (. Recoveries related to specific product recalls, in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.25 Td (which a supplier confirms its liability under the recall, are recorded in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 331.35 167.25 Td (T) Tj ET Q q 0 0 0 rg BT 336.36 167.25 Td (rade and other r) Tj ET Q q 0 0 0 rg BT 401.81 167.25 Td (eceivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.67 167.25 Td (. ) Tj ET Q q 0 0 0 rg BT 465.49 167.25 Td (W) Tj ET Q q 0 0 0 rg BT 474.13 167.25 Td (arranty costs and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.25 Td (recoveries are included in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 155.00 155.25 Td (Costs of pr) Tj ET Q q 0 0 0 rg BT 198.53 155.25 Td (oducts sold) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.81 155.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.25 Td (Although we believe that the estimates and judgments discussed herein are reasonable, actual results could dif) Tj ET Q q 0 0 0 rg BT 489.74 137.25 Td (fer and we may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 125.25 Td (be exposed to increases or decreases in our warranty accrual that could be material.) Tj ET Q endstream endobj 133 0 obj <> endobj 134 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (66) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (Product ) Tj ET Q q 0 0 0 rg BT 84.60 713.25 Td (W) Tj ET Q q 0 0 0 rg BT 92.75 713.25 Td (arranty Liability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.25 Td (The following table presents accrued product warranty and deferred warranty revenue activity: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 671.75 m 467 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 671.75 m 472 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472 671.75 m 515 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515 671.75 m 520 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 671.75 m 563 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 658.75 m 467 658.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472 658.75 m 515 658.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 658.75 m 563 658.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 658.75 m 467 658.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472 658.75 m 515 658.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 658.75 m 563 658.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 568.75 m 467 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472 568.75 m 515 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 568.75 m 563 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 568.75 m 467 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472 568.75 m 515 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 568.75 m 563 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 538.75 m 467 538.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472 538.75 m 515 538.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 538.75 m 563 538.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 524.75 m 467 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 522.75 m 467 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472 524.75 m 515 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472 522.75 m 515 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 524.75 m 563 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 522.75 m 563 522.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.55 675.98 Td (For) Tj ET Q q 0 0 0 rg BT 449.92 675.98 Td ( the ) Tj ET Q q 0 0 0 rg BT 464.36 675.98 Td (Y) Tj ET Q q 0 0 0 rg BT 469.54 675.98 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 537.47 675.98 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 662.98 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.50 662.98 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 485.00 662.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.00 662.98 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 648.42 Td (Balance at beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.50 648.32 Td (..................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.50 648.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.15 648.43 Td (529) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.50 648.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 648.42 Td (629) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.50 648.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 648.42 Td (818) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 633.42 Td (Costs accrued and revenues deferred) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.00 633.32 Td (.................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.15 633.43 Td (249) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 633.42 Td (21) Tj ET Q q 0 0 0 rg BT 506.15 633.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 633.42 Td (199) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 618.42 Td (Currency translation adjustment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.00 618.32 Td (.........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.15 618.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.15 618.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 618.47 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 618.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 603.42 Td (Adjustments to pre-existing warranties) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 225.74 607.95 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.50 603.32 Td (..........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.15 603.43 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.80 603.47 Td (\(9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.15 603.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 603.47 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 603.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 588.42 Td (Payments and revenues recognized) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.50 588.32 Td (....................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.80 588.48 Td (\(283) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.15 588.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.80 588.47 Td (\(303) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.15 588.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.80 588.47 Td (\(386) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 588.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 573.42 Td (Other adjustments) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 143.54 577.95 Td (\(B\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 573.32 Td (...........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.15 573.43 Td (12) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 503.15 573.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 551.15 573.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 558.42 Td (Balance at end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.50 558.32 Td (............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.15 558.43 Td (510) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 558.42 Td (529) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 558.42 Td (629) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 543.42 Td (Less: Current portion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.50 543.32 Td (..........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.15 543.43 Td (233) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 543.42 Td (255) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 543.42 Td (307) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 528.42 Td (Noncurrent accrued product warranty and deferred warranty revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.00 528.32 Td (.....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.50 528.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.15 528.43 Td (277) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.50 528.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 528.42 Td (274) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.50 528.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 528.42 Td (322) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 514.65 Td (________________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 48.50 499.05 Td (\(A\)) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.6 0.2 0.6 rg BT 59.61 499.05 Td ( ) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 67.50 499.05 Td (Adjustments to pre-existing warranties reflect changes in our estimate of warranty costs for products sold in prior fiscal periods. Such adjustments ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 489.45 Td (typically occur when claims experience deviates from historic and expected trends. Our warranty liability is generally af) Tj ET Q q 0 0 0 rg BT 452.32 489.45 Td (fected by component failure rates, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 479.85 Td (repair costs, and the timing of failures. Future events and circumstances related to these factors could materially change our estimates and require ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 470.25 Td (adjustments to our liability) Tj ET Q q 0 0 0 rg BT 152.97 470.25 Td (. In addition, new product launches require a greater use of judgment in developing estimates until historical experience ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 460.65 Td (becomes available. ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 48.50 445.05 Td (\(B\) Other adjustments include a ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 158.70 445.05 Td ($14 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 195.81 445.05 Td ( increase in revenues deferred in connection with the adoption of the new revenue standard \(as defined below ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 435.45 Td (regarding Financial ) Tj ET Q q 0 0 0 rg BT 131.48 435.45 Td (Accounting Standards Board \("F) Tj ET Q q 0 0 0 rg BT 235.69 435.45 Td (ASB"\) ) Tj ET Q q 0 0 0 rg BT 258.74 435.45 Td (Accounting Standards Codification \("ASC"\) 606\), partially of) Tj ET Q q 0 0 0 rg BT 456.87 435.45 Td (fset by a ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 485.97 435.45 Td ($2 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 519.09 435.45 Td ( reduction in ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 425.85 Td (liability related to the sale of a majority interest in our defense business, Navistar Defense.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.85 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 407.85 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.33 407.85 Td (, we recognized a net benefit of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.60 407.85 Td ($14 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.99 407.85 Td ( related to extended warranty contracts on our proprietary Big-Bore engines, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 395.85 Td (which includes a benefit of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.30 395.85 Td ($13 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.69 395.85 Td (related to pre-existing warranties. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.91 395.85 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.91 395.85 Td (, we recognized a net benefit of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.18 395.85 Td ($29 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.57 395.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 383.85 Td (related to extended warranty contracts on our proprietary Big-Bore engines, which includes a benefit of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.02 383.85 Td ($33 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.41 383.85 Td (related to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.85 Td (pre-existing warranties. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.24 371.85 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.24 371.85 Td (, we recognized a net char) Tj ET Q q 0 0 0 rg BT 281.44 371.85 Td (ge of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.21 371.85 Td ($8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.60 371.85 Td ( related to extended warranty contracts on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.85 Td (proprietary Big-Bore engines, which includes a char) Tj ET Q q 0 0 0 rg BT 258.42 359.85 Td (ge of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.18 359.85 Td ($3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.58 359.85 Td ( related to pre-existing warranties.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 338.85 Td (Stock-based Compensation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 320.85 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 320.85 Td (e have various plans that provide for the granting of stock-based compensation to certain employees, directors, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 308.85 Td (consultants, which is further described in Note18, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 253.34 308.85 Td (Stock-Based Compensation Plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.32 308.85 Td (. Shares are issued upon option exercise ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 296.85 Td (from ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 71.44 296.85 Td (Common stock held in tr) Tj ET Q q 0 0 0 rg BT 169.39 296.85 Td (easury) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.05 296.85 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 278.85 Td (For transactions in which we obtain employee services in exchange for an award of equity instruments, we measure the cost of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 266.85 Td (the services based on the grant date fair value of the award. ) Tj ET Q q 0 0 0 rg BT 288.94 266.85 Td (W) Tj ET Q q 0 0 0 rg BT 297.58 266.85 Td (e recognize the cost over the period during which an employee is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 254.85 Td (required to provide services in exchange for the award, known as the requisite service period \(usually the vesting period\). Costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 242.85 Td (related to plans with graded vesting are generally recognized using a straight-line method. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 220.65 Td (Foreign Currency T) Tj ET Q q 0 0 0 rg BT 132.47 220.65 Td (ranslation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 202.65 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 202.65 Td (e translate the financial statements of foreign subsidiaries whose local currency is their functional currency to U.S.dollars ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 190.65 Td (using period-end exchange rates for assets and liabilities and weighted average exchange rates for each period for revenues and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 178.65 Td (expenses. Dif) Tj ET Q q 0 0 0 rg BT 103.75 178.65 Td (ferences arising from exchange rate changes are included in the ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 360.29 178.65 Td (For) Tj ET Q q 0 0 0 rg BT 374.92 178.65 Td (eign curr) Tj ET Q q 0 0 0 rg BT 411.49 178.65 Td (ency translation adjustment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.59 178.65 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 166.65 Td (component of ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 107.26 166.65 Td (AOCL. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 148.65 Td (For foreign subsidiaries whose functional currency is the U.S.dollar) Tj ET Q q 0 0 0 rg BT 322.65 148.65 Td (, we remeasure non-monetary balance sheet accounts and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 136.65 Td (the related income statement accounts at historical exchange rates. Gains and losses arising from fluctuations in currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 124.65 Td (exchange rates on transactions denominated in currencies other than the functional currency are recognized in earnings as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 112.65 Td (incurred. ) Tj ET Q q 0 0 0 rg BT 87.63 112.65 Td (W) Tj ET Q q 0 0 0 rg BT 96.27 112.65 Td (e recognized net foreign currency transaction losses of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.74 112.65 Td ($4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.13 112.65 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.13 112.65 Td ($2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.52 112.65 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.46 112.65 Td ($16 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.85 112.65 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.63 112.65 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.63 112.65 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.63 112.65 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.63 112.65 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 100.65 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 100.65 Td (, respectively) Tj ET Q q 0 0 0 rg BT 122.16 100.65 Td (, which were recorded in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 223.78 100.65 Td (Other expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.47 100.65 Td (. ) Tj ET Q endstream endobj 135 0 obj <> endobj 136 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (67) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (Income T) Tj ET Q q 0 0 0 rg BT 88.30 713.25 Td (axes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 692.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 692.25 Td (e file a consolidated U.S.federal income tax return for NIC and its eligible domestic subsidiaries. Our non-U.S.subsidiaries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 680.25 Td (file income tax returns in their respective local jurisdictions. ) Tj ET Q q 0 0 0 rg BT 292.58 680.25 Td (W) Tj ET Q q 0 0 0 rg BT 301.21 680.25 Td (e account for income taxes under the asset and liability method. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 668.25 Td (Deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary dif) Tj ET Q q 0 0 0 rg BT 486.08 668.25 Td (ferences between ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 656.25 Td (the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and tax benefit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 644.25 Td (carryforwards. Deferred tax assets and liabilities at the end of each period are determined using enacted tax rates. ) Tj ET Q q 0 0 0 rg BT 504.30 644.25 Td (A) Tj ET Q q 0 0 0 rg BT 510.97 644.25 Td ( valuation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 632.25 Td (allowance is established or maintained when, based on currently available information, it is more likely than not that all or a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 620.25 Td (portion of a deferred tax asset will not be realized. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 602.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 602.25 Td (e recognize the tax benefit from an uncertain tax position claimed or expected to be claimed on a tax return only if it is more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 590.25 Td (likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 578.25 Td (position. ) Tj ET Q q 0 0 0 rg BT 86.55 578.25 Td (The tax benefits recognized in the financial statements from such a position are measured based on the lar) Tj ET Q q 0 0 0 rg BT 509.82 578.25 Td (gest benefit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 566.25 Td (that has a greater than fifty percent likelihood of being realized upon ultimate settlement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 548.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 548.25 Td (e apply the intraperiod tax allocation rules to allocate income taxes among continuing operations, discontinued operations, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 536.25 Td (other comprehensive income \(loss\), and additional paid-in capital when we meet the criteria as prescribed in the rules.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 518.25 Td (Earnings Per Share ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 500.25 Td (The calculation of basic earnings per share is based on the weighted average number of our shares of common stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 488.25 Td (outstanding during the applicable period. ) Tj ET Q q 0 0 0 rg BT 215.95 488.25 Td (The calculation for diluted earnings per share recognizes the ef) Tj ET Q q 0 0 0 rg BT 467.60 488.25 Td (fect of all potential ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 476.25 Td (dilutive shares of common stock that were outstanding during the respective periods, unless their impact would be anti-dilutive. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 458.25 Td (Diluted earnings per share recognizes the dilution that would occur if securities or other contracts to issue common stock were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 446.25 Td (exercised or converted into shares using the treasury stock method. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 428.25 Td (Use of Estimates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 410.25 Td (The preparation of financial statements in conformity with U.S. generally accepted accounting principles \("GAAP"\) requires us ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 398.25 Td (to make estimates and assumptions that af) Tj ET Q q 0 0 0 rg BT 217.62 398.25 Td (fect the reported amounts of assets and liabilities and disclosure of contingent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 386.25 Td (liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses for the periods ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 374.25 Td (presented. Significant estimates and assumptions are used for) Tj ET Q q 0 0 0 rg BT 294.59 374.25 Td (, but are not limited to, pension and other postretirement benefits, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 362.25 Td (allowance for doubtful accounts, income tax contingency accruals and valuation allowances, product warranty accruals, used ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 350.25 Td (truck inventory valuations, asbestos and other product liability accruals, asset impairment char) Tj ET Q q 0 0 0 rg BT 427.26 350.25 Td (ges, restructuring char) Tj ET Q q 0 0 0 rg BT 516.21 350.25 Td (ges and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 338.25 Td (litigation-related accruals. ) Tj ET Q q 0 0 0 rg BT 155.84 338.25 Td (Actual results could dif) Tj ET Q q 0 0 0 rg BT 249.25 338.25 Td (fer from our estimates.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 320.25 Td (Concentration Risks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 302.25 Td (Our financial condition, results of operations, and cash flows are subject to concentration risks related to our significant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 290.25 Td (unionized workforce. ) Tj ET Q q 0 0 0 rg BT 136.97 290.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.41 290.25 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.12 290.25 Td (, approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.38 290.25 Td (7,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.88 290.25 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.71 290.25 Td (98%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.04 290.25 Td (, of our hourly workers and approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.22 290.25 Td (700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.22 290.25 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 278.25 Td (13%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.83 278.25 Td (, of our salaried workers, are represented by labor unions and are covered by collective bar) Tj ET Q q 0 0 0 rg BT 430.55 278.25 Td (gaining agreements. In January ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 266.25 Td (2019, certain of our United ) Tj ET Q q 0 0 0 rg BT 160.03 266.25 Td (Automobile, ) Tj ET Q q 0 0 0 rg BT 212.25 266.25 Td (Aerospace and ) Tj ET Q q 0 0 0 rg BT 273.33 266.25 Td (Agricultural Implement ) Tj ET Q q 0 0 0 rg BT 370.34 266.25 Td (W) Tj ET Q q 0 0 0 rg BT 378.98 266.25 Td (orkers of ) Tj ET Q q 0 0 0 rg BT 416.75 266.25 Td (America \("UA) Tj ET Q q 0 0 0 rg BT 474.73 266.25 Td (W"\) represented ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 254.25 Td (employees executed a new six-year master collective bar) Tj ET Q q 0 0 0 rg BT 276.71 254.25 Td (gaining agreement with a ratification date of December 17, 2018 that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 242.25 Td (replaced the prior agreement which expired in October 2018. Our future operations may be af) Tj ET Q q 0 0 0 rg BT 423.89 242.25 Td (fected by changes in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 230.25 Td (governmental procurement policies, budget considerations, and political, regulatory and economic developments in the U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 218.25 Td (and certain foreign countries \(primarily Canada, Mexico, and Brazil\).) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 200.25 Td (Recently ) Tj ET Q q 0 0 0 rg BT 87.17 200.25 Td (Adopted ) Tj ET Q q 0 0 0 rg BT 123.19 200.25 Td (Accounting Standards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 182.25 Td (In March 2018, the Financial ) Tj ET Q q 0 0 0 rg BT 167.81 182.25 Td (Accounting Standards Board \("F) Tj ET Q q 0 0 0 rg BT 298.07 182.25 Td (ASB"\) issued ) Tj ET Q q 0 0 0 rg BT 354.38 182.25 Td (ASU No. 2018-05, "Income ) Tj ET Q q 0 0 0 rg BT 468.83 182.25 Td (T) Tj ET Q q 0 0 0 rg BT 474.24 182.25 Td (axes \(T) Tj ET Q q 0 0 0 rg BT 503.25 182.25 Td (opic 740\): ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 170.25 Td (Amendments to SEC Paragraphs Pursuant to SEC Staf) Tj ET Q q 0 0 0 rg BT 267.92 170.25 Td (f ) Tj ET Q q 0 0 0 rg BT 273.20 170.25 Td (Accounting Bulletin No. 1) Tj ET Q q 0 0 0 rg BT 378.92 170.25 Td (18". ) Tj ET Q q 0 0 0 rg BT 397.83 170.25 Td (This ) Tj ET Q q 0 0 0 rg BT 417.55 170.25 Td (ASU updates the income tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 158.25 Td (accounting in GAAP) Tj ET Q q 0 0 0 rg BT 133.01 158.25 Td ( to reflect the SEC's interpretive guidance released on December 22, 2017, when the ) Tj ET Q q 0 0 0 rg BT 472.28 158.25 Td (T) Tj ET Q q 0 0 0 rg BT 477.69 158.25 Td (ax Cuts and Jobs ) Tj ET Q q 0 0 0 rg BT 547.14 158.25 Td (Act ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 146.25 Td (\(H.R.1\) \(the "T) Tj ET Q q 0 0 0 rg BT 110.09 146.25 Td (ax ) Tj ET Q q 0 0 0 rg BT 121.48 146.25 Td (Act"\) was signed into law) Tj ET Q q 0 0 0 rg BT 224.33 146.25 Td (. ) Tj ET Q q 0 0 0 rg BT 229.15 146.25 Td (W) Tj ET Q q 0 0 0 rg BT 237.79 146.25 Td (e adopted this ) Tj ET Q q 0 0 0 rg BT 295.28 146.25 Td (ASU on November 1, 2018. See Note 12, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 463.87 146.25 Td (Income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.35 146.25 Td ( for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 134.25 Td (additional information.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 116.25 Td (In March 2017, the F) Tj ET Q q 0 0 0 rg BT 133.46 116.25 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 182.37 116.25 Td (ASU No. 2017-07, "CompensationRetirement Benefits \(T) Tj ET Q q 0 0 0 rg BT 423.77 116.25 Td (opic 715\): Improving the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 104.25 Td (Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost".) Tj ET Q q 0 0 0 rg BT 409.73 104.25 Td (This ) Tj ET Q q 0 0 0 rg BT 429.46 104.25 Td (ASU requires that an employer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 92.25 Td (disaggregate the service cost component from the other components of net periodic benefit cost. In addition, only the service ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 80.25 Td (cost component will be eligible for capitalization. ) Tj ET Q q 0 0 0 rg BT 250.37 80.25 Td (The amendments in this update are required to be applied retrospectively for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 68.25 Td (the presentation of the service cost component and the other components of net periodic benefit cost in the Consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 56.25 Td (Statement of Operations and prospectively) Tj ET Q q 0 0 0 rg BT 219.36 56.25 Td (, on and after the adoption date, for the capitalization of the service cost component ) Tj ET Q endstream endobj 137 0 obj <> endobj 138 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (68) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (of net periodic benefit cost in assets. ) Tj ET Q q 0 0 0 rg BT 197.61 713.10 Td (This ) Tj ET Q q 0 0 0 rg BT 217.34 713.10 Td (ASU is ef) Tj ET Q q 0 0 0 rg BT 256.60 713.10 Td (fective for fiscal years, and interim periods within those fiscal years, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (beginning after December 15, 2017, with early adoption permitted. ) Tj ET Q q 0 0 0 rg BT 319.79 701.10 Td (W) Tj ET Q q 0 0 0 rg BT 328.43 701.10 Td (e adopted this ) Tj ET Q q 0 0 0 rg BT 385.92 701.10 Td (ASU on November 1, 2018, using a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (retrospective approach, which resulted in a reclassification of certain net periodic benefit costs from ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 451.84 689.10 Td (Selling, general and ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (administrative \(") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.30 677.10 Td (SG&A"\)) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 152.50 677.10 Td ( expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.54 677.10 Td ( to) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 200.81 677.10 Td ( Other expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.01 677.10 Td ( in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 306.61 677.10 Td (Consolidated Statements of Operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.05 677.10 Td (of in the amounts of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td ($94 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.89 665.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.33 665.10 Td ($127 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.72 665.10 Td ( for the years ended October 31, 2018 and 2017, respectively) Tj ET Q q 0 0 0 rg BT 409.88 665.10 Td (. See Note 1) Tj ET Q q 0 0 0 rg BT 458.39 665.10 Td (1, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 468.39 665.10 Td (Postr) Tj ET Q q 0 0 0 rg BT 489.69 665.10 Td (etir) Tj ET Q q 0 0 0 rg BT 503.20 665.10 Td (ement benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.68 665.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (for additional information.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 635.10 Td (In November 2016, the F) Tj ET Q q 0 0 0 rg BT 149.57 635.10 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 198.47 635.10 Td (ASU No. 2016-18, "Statement of Cash Flows: Restricted Cash" \(T) Tj ET Q q 0 0 0 rg BT 464.53 635.10 Td (opic 230\). ) Tj ET Q q 0 0 0 rg BT 507.40 635.10 Td (This ) Tj ET Q q 0 0 0 rg BT 527.12 635.10 Td (ASU ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.10 Td (requires that a statement of cash flows explain the change during the period in the total of cash, and cash equivalents, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.10 Td (amounts generally described as restricted cash or restricted cash equivalents. ) Tj ET Q q 0 0 0 rg BT 358.37 611.10 Td (Therefore, amounts generally described as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.10 Td (restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (beginning-of-period and end-of-period total amounts shown on the statement of cash flows. ) Tj ET Q q 0 0 0 rg BT 418.40 587.10 Td (This ) Tj ET Q q 0 0 0 rg BT 438.12 587.10 Td (ASU is ef) Tj ET Q q 0 0 0 rg BT 477.39 587.10 Td (fective for fiscal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (years, and interim periods within those fiscal years, beginning after December 15, 2017. ) Tj ET Q q 0 0 0 rg BT 404.49 575.10 Td (W) Tj ET Q q 0 0 0 rg BT 413.13 575.10 Td (e adopted this ) Tj ET Q q 0 0 0 rg BT 470.62 575.10 Td (ASU on November 1, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (2018 using a retrospective transition approach. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.10 Td (The following table provides changes to our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 228.62 545.10 Td (Consolidated Statements of Cash Flows ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.57 545.10 Td (for) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 402.23 545.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.73 545.10 Td (the years ended October 31, 2018 and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.10 Td (2017:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 488.6 m 454 488.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 488.6 m 508 488.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 488.6 m 562 488.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 51.50 492.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.65 504.78 Td (Under) Tj ET Q q 0 0 0 rg BT 429.36 504.78 Td ( Prior) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 412.45 496.78 Td (Standard) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.35 508.68 Td (Effects of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.90 500.68 Td (New) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.45 492.68 Td (Standard) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.05 500.78 Td (As Reported) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 478.28 Td (Y) Tj ET Q q 0 0 0 rg BT 58.17 478.28 Td (ear) Tj ET Q q 0 0 0 rg BT 71.40 478.28 Td ( ended October) Tj ET Q q 0 0 0 rg BT 136.77 478.28 Td ( 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 463.28 Td (Cash flows fr) Tj ET Q q 0 0 0 rg BT 108.07 463.28 Td (om investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 448.27 Td (Net change in restricted cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.50 448.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 448.27 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 448.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.80 448.32 Td (\(9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 448.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 448.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 448.27 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 433.28 Td (Net cash used in investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.80 433.32 Td (\(57) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 433.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.80 433.32 Td (\(9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 433.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.80 433.32 Td (\(66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 433.27 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 418.83 Td (Incr) Tj ET Q q 0 0 0 rg BT 69.65 418.83 Td (ease in cash, cash equivalents and r) Tj ET Q q 0 0 0 rg BT 219.76 418.83 Td (estricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.15 418.27 Td (614) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.80 418.32 Td (\(9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 418.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 418.27 Td (605) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 403.28 Td (Cash, cash equivalents and r) Tj ET Q q 0 0 0 rg BT 173.38 403.28 Td (estricted cash at beginning of the period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.15 403.27 Td (706) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 403.27 Td (134) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 403.27 Td (840) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 388.28 Td (Cash, cash equivalents and r) Tj ET Q q 0 0 0 rg BT 173.29 388.28 Td (estricted cash at end of the period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.65 388.27 Td (1,320) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 388.27 Td (125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 388.27 Td (1,445) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 339.6 m 454 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 339.6 m 508 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 339.6 m 562 339.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 51.50 343.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.65 355.78 Td (Under) Tj ET Q q 0 0 0 rg BT 429.36 355.78 Td ( Prior) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 412.45 347.78 Td (Standard) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.35 359.68 Td (Effects of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.90 351.68 Td (New) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.45 343.68 Td (Standard) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.05 351.78 Td (As Reported) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 329.28 Td (Y) Tj ET Q q 0 0 0 rg BT 58.17 329.28 Td (ear) Tj ET Q q 0 0 0 rg BT 71.40 329.28 Td ( ended October) Tj ET Q q 0 0 0 rg BT 136.77 329.28 Td ( 31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 314.28 Td (Cash flows fr) Tj ET Q q 0 0 0 rg BT 108.07 314.28 Td (om investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 299.27 Td (Net change in restricted cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.50 299.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.80 299.32 Td (\(22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 299.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 299.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 299.27 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 299.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 299.27 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 284.28 Td (Net cash used in investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 284.32 Td (\(542) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 284.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 284.27 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 284.32 Td (\(520) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 284.27 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 269.83 Td (Decr) Tj ET Q q 0 0 0 rg BT 71.86 269.83 Td (ease in cash, cash equivalents and r) Tj ET Q q 0 0 0 rg BT 221.97 269.83 Td (estricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.80 269.32 Td (\(98) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 269.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 269.27 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.80 269.32 Td (\(76) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 269.27 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 254.28 Td (Cash, cash equivalents and r) Tj ET Q q 0 0 0 rg BT 173.38 254.28 Td (estricted cash at beginning of the period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.15 254.27 Td (804) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 254.27 Td (1) Tj ET Q q 0 0 0 rg BT 494.15 254.27 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 254.27 Td (916) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 239.28 Td (Cash, cash equivalents and r) Tj ET Q q 0 0 0 rg BT 173.29 239.28 Td (estricted cash at end of the period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.15 239.27 Td (706) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 239.27 Td (134) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 239.27 Td (840) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 217.10 Td (In May2014, the F) Tj ET Q q 0 0 0 rg BT 125.70 217.10 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 174.60 217.10 Td (ASU No.2014-09, "Revenue from Contracts with Customers" \(ASC 606\), which supersedes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 205.10 Td (the revenue recognition requirements in ) Tj ET Q q 0 0 0 rg BT 210.83 205.10 Td (ASC 605, "Revenue Recognition." ) Tj ET Q q 0 0 0 rg BT 352.14 205.10 Td (This ) Tj ET Q q 0 0 0 rg BT 371.86 205.10 Td (ASU is based on the principle that revenue is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 193.10 Td (recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 181.10 Td (entity expects to be entitled in exchange for those goods or services. ) Tj ET Q q 0 0 0 rg BT 324.51 181.10 Td (This ) Tj ET Q q 0 0 0 rg BT 344.24 181.10 Td (ASU also requires additional disclosure about the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 169.10 Td (nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 157.10 Td (judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. In ) Tj ET Q q 0 0 0 rg BT 497.43 157.10 Td (August 2015, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 145.10 Td (the F) Tj ET Q q 0 0 0 rg BT 69.04 145.10 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 117.94 145.10 Td (ASU No. 2015-14, which postponed the ef) Tj ET Q q 0 0 0 rg BT 288.85 145.10 Td (fective date of ) Tj ET Q q 0 0 0 rg BT 347.98 145.10 Td (ASU No. 2014-09 to fiscal years, and interim periods ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 133.10 Td (within those fiscal years, beginning after December 15, 2017, with early adoption permitted on the original ef) Tj ET Q q 0 0 0 rg BT 487.80 133.10 Td (fective date for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 121.10 Td (fiscal years beginning after December 15, 2016. ) Tj ET Q q 0 0 0 rg BT 243.97 121.10 Td (W) Tj ET Q q 0 0 0 rg BT 252.61 121.10 Td (e analyzed the impact of the ) Tj ET Q q 0 0 0 rg BT 367.00 121.10 Td (ASU on our portfolio of customer contracts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 109.10 Td (which resulted in changes in the timing and the amount of revenue recognized and gross versus net accounting for certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 97.10 Td (revenue streams in comparison with previous guidance. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 79.10 Td (On November 1, 2018, we adopted the new accounting standard ) Tj ET Q q 0 0 0 rg BT 308.32 79.10 Td (ASC 606, "Revenue from Contracts with Customers" and all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 67.10 Td (the related amendments \(new revenue standard\) using the modified retrospective method to all contracts. ) Tj ET Q q 0 0 0 rg BT 482.49 67.10 Td (The comparative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 55.10 Td (information has not been restated and continues to be reported under the accounting standards in ef) Tj ET Q q 0 0 0 rg BT 445.58 55.10 Td (fect for those periods. Based ) Tj ET Q endstream endobj 139 0 obj <> endobj 140 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (69) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (on our assessment, the cumulative ef) Tj ET Q q 0 0 0 rg BT 196.50 713.10 Td (fect adjustment upon adoption of the new revenue standard had a $37 million impact on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 65.33 701.10 Td (Accumulated deficit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.02 701.10 Td (. ) Tj ET Q q 0 0 0 rg BT 149.84 701.10 Td (The primary impacts include an increase in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 325.05 701.10 Td (Accumulated deficit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.74 701.10 Td ( due to an increase in the refund ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (liability owed to our customers for future returns of core components. Previously our refund liability was recorded net of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (future trade-in value to our suppliers. Under the new revenue standard, we record a liability for the amounts owed to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (customers and a deposit asset for the amount we are currently eligible to receive from our suppliers. ) Tj ET Q q 0 0 0 rg BT 451.04 665.10 Td (An additional increase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (relates to a change in the recognition pattern of revenue for extended warranty contracts. Revenue from these contracts was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (recognized on a straight-line basis over the life of the contract. Under the new revenue standard, revenue for extended warranty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.10 Td (contracts is recorded in proportion to the costs expected to be incurred in satisfying the obligations based on historical cost ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (patterns over the life of similar contracts. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.10 Td (The increase in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 113.08 599.10 Td (Accumulated deficit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.77 599.10 Td ( is partially of) Tj ET Q q 0 0 0 rg BT 248.41 599.10 Td (fset by certain contracts where revenue recognition occurred as units were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (delivered and accepted. Under the new revenue standard, when the contract transfers control of a good to a customer as services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (or production occurs, revenue is recognized over time. ) Tj ET Q q 0 0 0 rg BT 269.42 575.10 Td (An additional decrease in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 373.83 575.10 Td (Accumulated deficit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.52 575.10 Td ( relates to certain sales that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (were recorded as leases or borrowings as we retained control in the leased property) Tj ET Q q 0 0 0 rg BT 381.22 563.10 Td (. Under the new revenue standard, revenue is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (recognized upon transfer of control for these transactions, less the value of any guarantees provided to the customer) Tj ET Q q 0 0 0 rg BT 511.57 551.10 Td (. ) Tj ET Q q 0 0 0 rg BT 516.38 551.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (adoption of the new revenue standard resulted in changes in the classification of ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 372.45 539.10 Td (Sales and r) Tj ET Q q 0 0 0 rg BT 417.08 539.10 Td (evenues, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.94 539.10 Td ( and ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 485.38 539.10 Td (Costs of pr) Tj ET Q q 0 0 0 rg BT 528.91 539.10 Td (oducts ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 527.10 Td (sold) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.17 527.10 Td ( in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 94.78 527.10 Td (Consolidated Statements of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.72 527.10 Td (. ) Tj ET Q q 0 0 0 rg BT 256.54 527.10 Td (The new revenue standard also resulted in changes in the classification of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 515.10 Td (certain assets and liabilities in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 187.80 515.10 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.44 515.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 497.10 Td (e have revised our relevant policy and procedures and provided expanded revenue recognition disclosures based on the new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.10 Td (qualitative and quantitative disclosure requirements of the standard in Note 2, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 362.74 485.10 Td (Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.60 485.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.10 Td (The cumulative ef) Tj ET Q q 0 0 0 rg BT 122.06 467.10 Td (fects of the adjustments made to our November 1, 2018 ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 346.73 467.10 Td (Consolidated Balance Sheet) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.49 467.10 Td ( for the adoption of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.10 Td (new revenue standard were as follows: ) Tj ET Q endstream endobj 141 0 obj <> endobj 142 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (70) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 689.5 m 455 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 689.5 m 509 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 689.5 m 563 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 689.5 m 455 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 689.5 m 509 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 689.5 m 563 689.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 693.73 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.60 709.73 Td (Balance at) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.55 701.73 Td (October) Tj ET Q q 0 0 0 rg BT 437.47 701.73 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.50 693.73 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.45 709.73 Td (Change Due) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 471.60 701.73 Td (to New) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.45 693.73 Td (Standard) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.60 709.73 Td (Balance at) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.80 701.73 Td (November) Tj ET Q q 0 0 0 rg BT 551.20 701.73 Td ( 1,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.50 693.73 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 679.18 Td (ASSETS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 679.07 Td (...........................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 664.17 Td (Current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.50 664.07 Td (............................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 649.17 Td (T) Tj ET Q q 0 0 0 rg BT 94.26 649.17 Td (rade and other receivables, net) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 216.14 653.70 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.50 649.07 Td (....................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 649.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 649.17 Td (456) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 649.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.80 649.22 Td (\(18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 649.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 649.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 649.17 Td (438) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 634.17 Td (Inventories, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.50 634.07 Td (..................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 634.17 Td (1,1) Tj ET Q q 0 0 0 rg BT 441.15 634.17 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.80 634.22 Td (\(91) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 634.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 634.17 Td (1,019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 619.17 Td (Other current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.00 619.07 Td (...........................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 619.17 Td (189) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 619.17 Td (101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 619.17 Td (290) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.50 604.17 Td (T) Tj ET Q q 0 0 0 rg BT 111.91 604.17 Td (otal current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.00 604.07 Td (.....................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 604.17 Td (5,136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.80 604.22 Td (\(8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 604.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 604.17 Td (5,128) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 589.17 Td (Property and equipment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.00 589.07 Td (.....................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 589.17 Td (1,370) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.80 589.22 Td (\(109) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 589.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 589.17 Td (1,261) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 574.17 Td (Deferred taxes, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.50 574.07 Td (....................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 574.17 Td (121) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 574.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 574.17 Td (122) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 559.17 Td (Other noncurrent assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.00 559.07 Td (.............................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 559.17 Td (1) Tj ET Q q 0 0 0 rg BT 441.15 559.17 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.80 559.22 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 559.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 559.17 Td (1) Tj ET Q q 0 0 0 rg BT 549.15 559.17 Td (10) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 106.50 544.18 Td (T) Tj ET Q q 0 0 0 rg BT 112.71 544.18 Td (otal assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.50 544.07 Td (................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 544.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 544.17 Td (7,230) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 544.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.80 544.22 Td (\(1) Tj ET Q q 0 0 0 rg BT 495.13 544.22 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 544.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 544.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 544.17 Td (7,1) Tj ET Q q 0 0 0 rg BT 549.15 544.17 Td (1) Tj ET Q q 0 0 0 rg BT 554.15 544.17 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 529.18 Td (LIABILITIES and ST) Tj ET Q q 0 0 0 rg BT 147.46 529.18 Td (OCKHOLDERS) Tj ET Q q 0 0 0 rg BT 222.01 529.18 Td ( DEFICIT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.50 529.07 Td (....................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 514.18 Td (Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.50 514.07 Td (........................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 499.17 Td (Current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.50 499.07 Td (......................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 484.17 Td (Notes payable and current maturities of long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.00 484.07 Td (...................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 484.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 484.17 Td (946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 484.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.80 484.22 Td (\(15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 484.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 484.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 484.17 Td (931) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 469.17 Td (Other current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.50 469.07 Td (......................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 469.17 Td (1,255) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 469.17 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 469.17 Td (1,268) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 454.17 Td (T) Tj ET Q q 0 0 0 rg BT 76.26 454.17 Td (otal current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.50 454.07 Td (..............................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 454.17 Td (3,807) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.80 454.22 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 454.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 454.17 Td (3,805) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 439.17 Td (Long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 439.07 Td (.........................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 439.17 Td (4,521) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.80 439.22 Td (\(58) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 439.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 439.17 Td (4,463) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 424.17 Td (Other noncurrent liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.00 424.07 Td (.......................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 424.17 Td (731) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.80 424.22 Td (\(22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 424.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 424.17 Td (709) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.50 409.18 Td (T) Tj ET Q q 0 0 0 rg BT 94.25 409.18 Td (otal liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.50 409.07 Td (..................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 409.17 Td (1) Tj ET Q q 0 0 0 rg BT 428.65 409.17 Td (1,156) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.80 409.22 Td (\(82) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 409.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 409.17 Td (1) Tj ET Q q 0 0 0 rg BT 536.65 409.17 Td (1,074) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 394.18 Td (Stockholders) Tj ET Q q 0 0 0 rg BT 110.65 394.18 Td ( deficit) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 139.80 398.71 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.00 394.07 Td (...................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 379.17 Td (T) Tj ET Q q 0 0 0 rg BT 93.91 379.17 Td (otal stockholders) Tj ET Q q 0 0 0 rg BT 164.54 379.17 Td ( deficit attributable to Navistar International Corporation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.50 379.07 Td (..) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.30 379.22 Td (\(3,931) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 379.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.80 379.22 Td (\(37) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 379.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 379.22 Td (\(3,968) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 379.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 106.50 364.18 Td (T) Tj ET Q q 0 0 0 rg BT 112.25 364.18 Td (otal liabilities and stockholders) Tj ET Q q 0 0 0 rg BT 247.35 364.18 Td ( deficit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.50 364.07 Td (................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 364.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 364.17 Td (7,230) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 364.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.80 364.22 Td (\(1) Tj ET Q q 0 0 0 rg BT 495.13 364.22 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 364.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 364.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 364.17 Td (7,1) Tj ET Q q 0 0 0 rg BT 549.15 364.17 Td (1) Tj ET Q q 0 0 0 rg BT 554.15 364.17 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 350.40 Td (______________________) Tj ET Q BT /F1 7.50 Tf ET q 0 0 0 rg BT 49.50 341.40 Td (\(A\) During the fourth quarter of 2019, we identified additional transition adjustments of ) Tj ET Q BT /F1 7.50 Tf ET q 0 0 0 rg BT 319.03 341.40 Td ($10 million) Tj ET Q BT /F1 7.50 Tf ET q 0 0 0 rg BT 353.82 341.40 Td ( related to the impact of certain core component transactions. ) Tj ET Q q 0 0 0 rg BT 538.55 341.40 Td (As a ) Tj ET Q BT /F1 7.50 Tf ET q 0 0 0 rg BT 49.50 332.40 Td (result, ) Tj ET Q BT /F5 7.50 Tf ET q 0 0 0 rg BT 69.91 332.40 Td (T) Tj ET Q q 0 0 0 rg BT 73.67 332.40 Td (rade and other r) Tj ET Q q 0 0 0 rg BT 122.77 332.40 Td (eceivables, net) Tj ET Q BT /F1 7.50 Tf ET q 0 0 0 rg BT 166.91 332.40 Td ( was reduced by ) Tj ET Q BT /F1 7.50 Tf ET q 0 0 0 rg BT 217.31 332.40 Td ($10 million) Tj ET Q BT /F1 7.50 Tf ET q 0 0 0 rg BT 252.11 332.40 Td ( and ) Tj ET Q BT /F5 7.50 Tf ET q 0 0 0 rg BT 266.69 332.40 Td (Accumulated deficit ) Tj ET Q BT /F1 7.50 Tf ET q 0 0 0 rg BT 328.33 332.40 Td (was increased by a corresponding amount in our November 1, 2018 ) Tj ET Q BT /F5 7.50 Tf ET q 0 0 0 rg BT 49.50 323.40 Td (Consolidated Balance Sheet. ) Tj ET Q BT /F1 7.50 Tf ET q 0 0 0 rg BT 137.82 323.40 Td (The correction increased our cumulative ef) Tj ET Q q 0 0 0 rg BT 266.58 323.40 Td (fect adjustment upon adoption of the new revenue standard from ) Tj ET Q BT /F1 7.50 Tf ET q 0 0 0 rg BT 462.36 323.40 Td ($27 million) Tj ET Q BT /F1 7.50 Tf ET q 0 0 0 rg BT 497.16 323.40 Td ( to ) Tj ET Q BT /F1 7.50 Tf ET q 0 0 0 rg BT 506.74 323.40 Td ($37 million) Tj ET Q BT /F1 7.50 Tf ET q 0 0 0 rg BT 541.54 323.40 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.40 Td (The following reconciles amounts as they would have been reported under the prior standard to current reporting:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 279.9 m 455 279.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455 279.9 m 459 279.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 279.9 m 509 279.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 279.9 m 513 279.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 279.9 m 563 279.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 249.89999999999998 m 455 249.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 249.89999999999998 m 509 249.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 249.89999999999998 m 563 249.89999999999998 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.80 284.13 Td (Y) Tj ET Q q 0 0 0 rg BT 435.69 284.13 Td (ear) Tj ET Q q 0 0 0 rg BT 446.65 284.13 Td ( ended October) Tj ET Q q 0 0 0 rg BT 498.94 284.13 Td ( 31, 2019) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 528.94 287.76 Td (\(A\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 254.13 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.65 267.08 Td (Under) Tj ET Q q 0 0 0 rg BT 430.36 267.08 Td ( Prior) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.45 259.08 Td (Standard) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.35 271.08 Td (Effects of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.90 263.08 Td (New) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.45 255.08 Td (Standard) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.05 263.08 Td (As Reported) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 239.57 Td (Sales of manufactured products, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 239.57 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 239.57 Td (1) Tj ET Q q 0 0 0 rg BT 428.65 239.57 Td (1,102) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 239.57 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.80 239.62 Td (\(41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 239.57 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 239.57 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 239.57 Td (1) Tj ET Q q 0 0 0 rg BT 536.65 239.57 Td (1,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 224.57 Td (Costs of products sold) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 224.57 Td (9,301) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.80 224.62 Td (\(56) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 224.57 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 224.57 Td (9,245) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 209.57 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 209.57 Td (315) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.80 209.62 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 209.57 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 209.57 Td (312) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 194.57 Td (Income before income tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 194.57 Td (244) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 194.57 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 194.57 Td (262) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 179.57 Td (Income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.80 179.62 Td (\(19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 179.57 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 179.57 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.80 179.62 Td (\(19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 179.57 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 164.57 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 164.57 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 164.57 Td (225) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 164.57 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 164.57 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 164.57 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 164.57 Td (243) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 150.80 Td (______________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 135.20 Td (\(A\) Our ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 77.05 135.20 Td (Consolidated Statements of Operations ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 204.60 135.20 Td (for the year ended October 31, 2019 includes two months of the operating activity of Navistar Defense prior to ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 125.60 Td (the sale of a majority interest in our former defense business. See Note 3 ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 283.88 125.60 Td (Restructurings, Impairments and Divestitur) Tj ET Q q 0 0 0 rg BT 423.13 125.60 Td (es ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 431.79 125.60 Td (for additional information.) Tj ET Q endstream endobj 143 0 obj <> endobj 144 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (71) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 704.5 m 455 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455 704.5 m 459 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 704.5 m 509 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 704.5 m 513 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 704.5 m 563 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 675.5 m 455 675.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 675.5 m 509 675.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 675.5 m 563 675.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.15 708.73 Td (As of October) Tj ET Q q 0 0 0 rg BT 488.55 708.73 Td ( 31, 2019) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 518.55 712.36 Td (\(A\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 679.73 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.65 687.73 Td (Under) Tj ET Q q 0 0 0 rg BT 430.36 687.73 Td ( Prior) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.45 679.73 Td (Standard) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.35 695.73 Td (Effects of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.90 687.73 Td (New) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.45 679.73 Td (Standard) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.05 679.73 Td (As Reported) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 665.18 Td (ASSETS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 650.17 Td (Current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 635.17 Td (T) Tj ET Q q 0 0 0 rg BT 94.43 635.17 Td (rade and other receivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 635.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 635.17 Td (362) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 635.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.80 635.22 Td (\(24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 635.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 635.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 635.17 Td (338) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 620.17 Td (Inventories, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 620.17 Td (968) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.80 620.22 Td (\(57) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 620.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 620.17 Td (91) Tj ET Q q 0 0 0 rg BT 554.15 620.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 605.17 Td (Other current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 605.17 Td (208) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 605.17 Td (69) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 605.17 Td (277) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.50 590.17 Td (T) Tj ET Q q 0 0 0 rg BT 111.91 590.17 Td (otal current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 590.17 Td (4,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.80 590.22 Td (\(12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 590.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 590.17 Td (4,952) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 575.17 Td (Property and equipment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 575.17 Td (1,513) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.80 575.22 Td (\(204) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 575.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 575.17 Td (1,309) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 560.17 Td (Deferred taxes, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 560.17 Td (1) Tj ET Q q 0 0 0 rg BT 441.15 560.17 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 560.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 560.17 Td (1) Tj ET Q q 0 0 0 rg BT 549.15 560.17 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 545.17 Td (Other noncurrent assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 545.17 Td (1) Tj ET Q q 0 0 0 rg BT 441.15 545.17 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.80 545.22 Td (\(9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 545.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 545.17 Td (107) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.50 530.18 Td (T) Tj ET Q q 0 0 0 rg BT 94.71 530.18 Td (otal assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 530.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 530.17 Td (7,141) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 530.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.80 530.22 Td (\(224) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 530.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 530.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 530.17 Td (6,917) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 515.18 Td (LIABILITIES and ST) Tj ET Q q 0 0 0 rg BT 147.46 515.18 Td (OCKHOLDERS) Tj ET Q q 0 0 0 rg BT 222.01 515.18 Td ( DEFICIT) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 500.18 Td (Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 485.17 Td (Current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 470.17 Td (Notes payable and current maturities of long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 470.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 470.17 Td (883) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 470.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.80 470.22 Td (\(12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 470.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 470.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 470.17 Td (871) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 455.17 Td (Other current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 455.17 Td (1,349) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 455.17 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 455.17 Td (1,363) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 440.17 Td ( ) Tj ET Q q 0 0 0 rg BT 108.41 440.17 Td (T) Tj ET Q q 0 0 0 rg BT 114.08 440.17 Td (otal current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 440.17 Td (3,573) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 440.17 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 440.17 Td (3,575) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 425.17 Td (Long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 425.17 Td (4,363) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.80 425.22 Td (\(46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 425.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 425.17 Td (4,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 410.17 Td (Other noncurrent liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 410.17 Td (796) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.80 410.22 Td (\(151) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 410.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 410.17 Td (645) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.50 395.18 Td (T) Tj ET Q q 0 0 0 rg BT 94.71 395.18 Td (otal liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 395.17 Td (10,835) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.80 395.22 Td (\(195) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 395.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 395.17 Td (10,640) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 380.18 Td (Stockholders) Tj ET Q q 0 0 0 rg BT 110.65 380.18 Td ( deficit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 365.17 Td (T) Tj ET Q q 0 0 0 rg BT 93.91 365.17 Td (otal stockholders) Tj ET Q q 0 0 0 rg BT 164.54 365.17 Td ( deficit attributable to Navistar International Corporation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.30 365.22 Td (\(3,697) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 365.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.80 365.22 Td (\(29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 365.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 365.22 Td (\(3,726) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 365.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.50 350.18 Td (T) Tj ET Q q 0 0 0 rg BT 94.25 350.18 Td (otal liabilities and stockholders) Tj ET Q q 0 0 0 rg BT 229.35 350.18 Td ( deficit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 350.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 350.17 Td (7,141) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 350.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.80 350.22 Td (\(224) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 350.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 350.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 350.17 Td (6,917) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 336.40 Td (_________________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 326.80 Td (\(A\) ) Tj ET Q q 0 0 0 rg BT 67.50 326.80 Td (Our ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 81.94 326.80 Td (Consolidated Balance Sheet) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 172.14 326.80 Td ( as of October 31, 2019 does not include the impact of Navistar Defense due to the sale of a majority interest in our ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 317.20 Td (former defense business. See Note 3, ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 187.91 317.20 Td (Restructurings, Impairments and Divestitur) Tj ET Q q 0 0 0 rg BT 327.16 317.20 Td (es ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 335.82 317.20 Td (for additional information.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 299.20 Td (Recently Issued ) Tj ET Q q 0 0 0 rg BT 116.35 299.20 Td (Accounting Standards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 281.20 Td (In February 2018, the F) Tj ET Q q 0 0 0 rg BT 143.46 281.20 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 192.37 281.20 Td (ASU No. 2018-02, "Income Statement - Reporting Comprehensive Income" \(T) Tj ET Q q 0 0 0 rg BT 508.38 281.20 Td (opic 220\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.20 Td (This ) Tj ET Q q 0 0 0 rg BT 69.23 269.20 Td (ASU provides guidance on a reclassification from accumulated other comprehensive income to retained earnings for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.20 Td (ef) Tj ET Q q 0 0 0 rg BT 57.09 257.20 Td (fect of the tax rate change resulting from the ) Tj ET Q q 0 0 0 rg BT 237.11 257.20 Td (T) Tj ET Q q 0 0 0 rg BT 242.52 257.20 Td (ax ) Tj ET Q q 0 0 0 rg BT 253.90 257.20 Td (Act. ) Tj ET Q q 0 0 0 rg BT 273.16 257.20 Td (The amendments eliminate the stranded tax ef) Tj ET Q q 0 0 0 rg BT 457.36 257.20 Td (fects resulting from the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.20 Td (T) Tj ET Q q 0 0 0 rg BT 54.91 245.20 Td (ax ) Tj ET Q q 0 0 0 rg BT 66.30 245.20 Td (Act and will improve the usefulness of information reported to financial statement users. ) Tj ET Q q 0 0 0 rg BT 423.24 245.20 Td (This ) Tj ET Q q 0 0 0 rg BT 442.97 245.20 Td (ASU is ef) Tj ET Q q 0 0 0 rg BT 482.23 245.20 Td (fective for fiscal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.20 Td (years, and interim periods within those fiscal years, beginning after December 15, 2018, with early adoption permitted. ) Tj ET Q q 0 0 0 rg BT 528.07 233.20 Td (This ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.20 Td (ASU is ef) Tj ET Q q 0 0 0 rg BT 88.76 221.20 Td (fective for us in the first quarter of fiscal 2020. ) Tj ET Q q 0 0 0 rg BT 278.24 221.20 Td (The adoption of this guidance will result in a decrease to ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 507.34 221.20 Td (Accumulated ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 209.20 Td (deficit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.49 209.20 Td ( and an increase of ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 151.95 209.20 Td (Accumulated other compr) Tj ET Q q 0 0 0 rg BT 255.44 209.20 Td (ehensive loss ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.43 209.20 Td (on our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 338.76 209.20 Td (Consolidated Balance Sheet) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.51 209.20 Td ( in the amount of $189 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 197.20 Td (million related to the reclassification of the stranded tax ef) Tj ET Q q 0 0 0 rg BT 282.84 197.20 Td (fects on November 1, 2019.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.20 Td (In ) Tj ET Q q 0 0 0 rg BT 59.78 179.20 Td (August 2018, the F) Tj ET Q q 0 0 0 rg BT 135.71 179.20 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 184.61 179.20 Td (Accounting Standard Update \("ASU"\) No. 2018-15, "Intangibles-Goodwill and Other) Tj ET Q q 0 0 0 rg BT 527.70 179.20 Td (-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.20 Td (Internal-Use Software \(Subtopic 350-40\) Customer) Tj ET Q q 0 0 0 rg BT 255.38 167.20 Td () Tj ET Q q 0 0 0 rg BT 258.16 167.20 Td (s ) Tj ET Q q 0 0 0 rg BT 264.00 167.20 Td (Accounting for Fees Paid in a Cloud Computing ) Tj ET Q q 0 0 0 rg BT 459.54 167.20 Td (Arrangement". ) Tj ET Q q 0 0 0 rg BT 521.19 167.20 Td (This ) Tj ET Q q 0 0 0 rg BT 540.92 167.20 Td (ASU ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.20 Td (provides guidance on evaluating the accounting for fees paid by a customer in a cloud computing arrangement \(hosting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 143.20 Td (arrangement\) and determining when the arrangement includes a software license. ) Tj ET Q q 0 0 0 rg BT 376.68 143.20 Td (This ) Tj ET Q q 0 0 0 rg BT 396.41 143.20 Td (ASU is ef) Tj ET Q q 0 0 0 rg BT 435.67 143.20 Td (fective for fiscal years, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 131.20 Td (interim periods within those fiscal years, beginning after December 15, 2019, with early adoption permitted. ) Tj ET Q q 0 0 0 rg BT 485.03 131.20 Td (This ) Tj ET Q q 0 0 0 rg BT 504.76 131.20 Td (ASU is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 119.20 Td (ef) Tj ET Q q 0 0 0 rg BT 57.09 119.20 Td (fective for us in the first quarter of fiscal 2021, and we expect to early adopt this ) Tj ET Q q 0 0 0 rg BT 380.32 119.20 Td (ASU in the first quarter of 2020. ) Tj ET Q q 0 0 0 rg BT 512.89 119.20 Td (W) Tj ET Q q 0 0 0 rg BT 521.53 119.20 Td (e do not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 107.20 Td (expect our adoption of this ) Tj ET Q q 0 0 0 rg BT 158.65 107.20 Td (ASU to have a material ef) Tj ET Q q 0 0 0 rg BT 262.59 107.20 Td (fect on our consolidated financial statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 89.20 Td (In June 2016, the F) Tj ET Q q 0 0 0 rg BT 125.70 89.20 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 174.60 89.20 Td (ASU No.2016-13, Financial Instruments - Credit Losses: Measurement of Credit Losses on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 77.20 Td (Financial Instruments \(T) Tj ET Q q 0 0 0 rg BT 152.11 77.20 Td (opic 326\), and subsequently issued various ) Tj ET Q q 0 0 0 rg BT 325.70 77.20 Td (ASUs to clarify the implementation guidance in ) Tj ET Q q 0 0 0 rg BT 519.27 77.20 Td (ASU ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 65.20 Td (2016-13. ) Tj ET Q q 0 0 0 rg BT 87.65 65.20 Td (This ) Tj ET Q q 0 0 0 rg BT 107.38 65.20 Td (ASU sets forth an expected credit loss model which requires the measurement ofexpected credit losses for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 53.20 Td (financial instruments based on historical experience, current conditions and reasonable and supportable forecasts. ) Tj ET Q q 0 0 0 rg BT 505.55 53.20 Td (This replaces ) Tj ET Q endstream endobj 145 0 obj <> endobj 146 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (72) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (the existing incurred loss model and is applicable to the measurement of credit losses on financial assets measured at amortized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (cost, and certain of) Tj ET Q q 0 0 0 rg BT 125.40 701.10 Td (f-balance sheet credit exposures. ) Tj ET Q q 0 0 0 rg BT 258.21 701.10 Td (This ) Tj ET Q q 0 0 0 rg BT 277.94 701.10 Td (ASU is ef) Tj ET Q q 0 0 0 rg BT 317.20 701.10 Td (fective for fiscal years, and interim periods within those ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (fiscal years, beginning after December 15, 2019, with early adoption permitted. ) Tj ET Q q 0 0 0 rg BT 369.68 689.10 Td (Adoption will require a modified retrospective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (transition. ) Tj ET Q q 0 0 0 rg BT 92.09 677.10 Td (This ) Tj ET Q q 0 0 0 rg BT 111.82 677.10 Td (ASU is ef) Tj ET Q q 0 0 0 rg BT 151.08 677.10 Td (fective for us in the first quarter of fiscal 2021. ) Tj ET Q q 0 0 0 rg BT 340.56 677.10 Td (The impact of this ) Tj ET Q q 0 0 0 rg BT 415.54 677.10 Td (ASU on our consolidated financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (statements will primarily result from our Financial Services operations and certain financial guarantees, and will lar) Tj ET Q q 0 0 0 rg BT 511.95 665.10 Td (gely depend ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (on economic conditions and forecasts existing at the time of adoption.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 635.10 Td (In February 2016, the F) Tj ET Q q 0 0 0 rg BT 143.46 635.10 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 192.37 635.10 Td (ASU No. 2016-02, "Leases" \(T) Tj ET Q q 0 0 0 rg BT 317.03 635.10 Td (opic 842\), including subsequently issued ) Tj ET Q q 0 0 0 rg BT 482.02 635.10 Td (ASUs to clarify the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.10 Td (implementation guidance in ) Tj ET Q q 0 0 0 rg BT 163.08 623.10 Td (ASU 2016-02 \(new lease standard\). ) Tj ET Q q 0 0 0 rg BT 317.30 623.10 Td (This ) Tj ET Q q 0 0 0 rg BT 337.02 623.10 Td (ASU requires lessees to recognize, on the balance sheet, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.10 Td (assets and liabilities for the rights and obligations created by leases of greater than twelve months. ) Tj ET Q q 0 0 0 rg BT 444.49 611.10 Td (The accounting by lessors ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.10 Td (will remain lar) Tj ET Q q 0 0 0 rg BT 108.19 599.10 Td (gely unchanged. ) Tj ET Q q 0 0 0 rg BT 176.04 599.10 Td (This ) Tj ET Q q 0 0 0 rg BT 195.76 599.10 Td (ASU is ef) Tj ET Q q 0 0 0 rg BT 235.03 599.10 Td (fective for fiscal years, and interim periods within those fiscal years, beginning ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (after December 15, 2018, with early adoption permitted. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (On November 1, 2019, we adopted the new lease standard using the optional modified retrospective basis. ) Tj ET Q q 0 0 0 rg BT 476.71 569.10 Td (W) Tj ET Q q 0 0 0 rg BT 485.34 569.10 Td (e elected the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.10 Td (package of practical expedients, which permits us not to reassess under the new lease standard our prior conclusions about ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.10 Td (lease identification, lease classification and initial direct costs. ) Tj ET Q q 0 0 0 rg BT 300.90 545.10 Td (W) Tj ET Q q 0 0 0 rg BT 309.53 545.10 Td (e also elected the practical expedient related to land easements, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.10 Td (but did not elect the use-of-hindsight. For lessor accounting, we elected to exclude taxes collected from customers, such as sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (and use and value added, from the measurement of lease income and expense. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 503.10 Td (Based on our preliminary assessment, the cumulative ef) Tj ET Q q 0 0 0 rg BT 272.59 503.10 Td (fect adjustment upon adoption of the new lease standard will have an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.10 Td (immaterial impact on our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 153.36 491.10 Td (Accumulated deficit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.05 491.10 Td (. ) Tj ET Q q 0 0 0 rg BT 237.87 491.10 Td (W) Tj ET Q q 0 0 0 rg BT 246.51 491.10 Td (e evaluated our lease population to assess the ef) Tj ET Q q 0 0 0 rg BT 437.37 491.10 Td (fect of the guidance on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.10 Td (consolidated financial statements and will record lease liabilities and right-of-use assets for operating leases related to certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.10 Td (property and equipment. ) Tj ET Q q 0 0 0 rg BT 149.85 467.10 Td (W) Tj ET Q q 0 0 0 rg BT 158.48 467.10 Td (e are in the process of finalizing the assessment of the impact upon adoption and we currently ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.10 Td (estimate the right-of-use assets and lease liabilities as of November 1, 2019 will range from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.28 455.10 Td ($125 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.68 455.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.45 455.10 Td ($160 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.85 455.10 Td (. ) Tj ET Q q 0 0 0 rg BT 538.67 455.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.10 Td (new lease standard will also result in changes in the classification of certain sales that were recorded as borrowings, as we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 431.10 Td (retained control of the related equipment, in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 227.77 431.10 Td (Long term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.88 431.10 Td ( in our) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 317.48 431.10 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.13 431.10 Td (. Under the new lease standard, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 419.10 Td (these transactions will be classified as operating lease liabilities recognized as ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 363.56 419.10 Td (Other noncurr) Tj ET Q q 0 0 0 rg BT 421.24 419.10 Td (ent liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.73 419.10 Td ( in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 502.34 419.10 Td (Consolidated ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 407.10 Td (Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.31 407.10 Td (. In addition, the new lease standard requires lessors to classify cash receipts from leases within operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 395.10 Td (activities. ) Tj ET Q q 0 0 0 rg BT 90.05 395.10 Td (As a result, we will present cash receipts from operating leases which were accounted for as borrowings as an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 383.10 Td (operating cash inflow rather than the current presentation as a financing cash inflow) Tj ET Q q 0 0 0 rg BT 384.84 383.10 Td (. ) Tj ET Q q 0 0 0 rg BT 392.16 383.10 Td (The impact related to operating leases ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.10 Td (accounted for as borrowings on our consolidated financial statements is prospective and will lar) Tj ET Q q 0 0 0 rg BT 432.26 371.10 Td (gely depend on our operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.10 Td (at the time of adoption.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 341.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 341.10 Td (e will revise our relevant policy and procedures and provide expanded lease disclosures based on the new qualitative and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 329.10 Td (quantitative disclosure requirements of the new lease standard in our Quarterly Report on Form 10-Q for the first quarter of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 317.10 Td (2020.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 299.10 Td (2. Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 281.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 281.10 Td (e account for a contract when it has approval and commitment from both parties, the rights of the parties are identified, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.10 Td (payment terms are identified, the contract has commercial substance and collectability of consideration is probable.) Tj ET Q endstream endobj 147 0 obj <> endobj 148 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (73) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 731.25 Td (Disaggregation of Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (The following tables disaggregate our external revenue by product type for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.69 713.25 Td (October31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.40 713.25 Td ( \(in millions\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273 672.75 m 316 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320 672.75 m 365 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369 672.75 m 414 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 672.75 m 461 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465 672.75 m 517 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 672.75 m 563 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273 567.75 m 316 567.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320 567.75 m 365 567.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369 567.75 m 414 567.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 567.75 m 461 567.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465 567.75 m 517 567.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 567.75 m 563 567.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273 522.75 m 316 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273 507.75 m 316 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320 522.75 m 365 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320 507.75 m 365 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369 522.75 m 414 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369 507.75 m 414 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 522.75 m 461 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 507.75 m 461 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465 522.75 m 517 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465 507.75 m 517 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 522.75 m 563 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 507.75 m 563 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273 493.75 m 316 493.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273 491.75 m 316 491.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320 507.75 m 365 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320 493.75 m 365 493.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320 491.75 m 365 491.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369 507.75 m 414 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369 493.75 m 414 493.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369 491.75 m 414 491.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 507.75 m 461 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 493.75 m 461 493.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 491.75 m 461 491.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465 507.75 m 517 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465 493.75 m 517 493.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465 491.75 m 517 491.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 507.75 m 563 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 493.75 m 563 493.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 491.75 m 563 491.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 676.98 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 283.60 676.98 Td (T) Tj ET Q q 0 0 0 rg BT 288.64 676.98 Td (ruck) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 332.85 676.98 Td (Parts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 379.40 684.98 Td (Global) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.85 676.98 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.95 684.98 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.00 676.98 Td (Services) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.70 692.98 Td (Corporate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.05 684.98 Td (and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.70 676.98 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.75 676.98 Td (T) Tj ET Q q 0 0 0 rg BT 537.35 676.98 Td (otal) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 662.43 Td (Y) Tj ET Q q 0 0 0 rg BT 59.17 662.43 Td (ear) Tj ET Q q 0 0 0 rg BT 72.40 662.43 Td ( Ended October) Tj ET Q q 0 0 0 rg BT 140.00 662.43 Td ( 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 647.42 Td (T) Tj ET Q q 0 0 0 rg BT 76.26 647.42 Td (ruck products and services) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 182.61 651.95 Td (\(A\)\(B\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.50 647.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.60 647.42 Td (7,727) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.50 647.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.15 647.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.50 647.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 647.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.50 647.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 647.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.50 647.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.15 647.42 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.50 647.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.60 647.42 Td (7,739) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 632.42 Td (T) Tj ET Q q 0 0 0 rg BT 76.43 632.42 Td (ruck contract manufacturing) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.15 632.42 Td (399) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.15 632.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 632.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 632.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.15 632.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 632.42 Td (399) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 617.42 Td (Used trucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.15 617.42 Td (257) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.15 617.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 617.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 617.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.15 617.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 617.42 Td (257) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 602.42 Td (Engines) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.15 602.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.15 602.42 Td (309) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 602.42 Td (232) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 602.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.15 602.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 602.42 Td (541) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 587.42 Td (Parts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.15 587.42 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.65 587.42 Td (1,930) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 587.42 Td (77) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 587.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.15 587.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.60 587.42 Td (2,012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 572.42 Td (Extended warranty contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.15 572.42 Td (1) Tj ET Q q 0 0 0 rg BT 302.15 572.42 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.15 572.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 572.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 572.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.15 572.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 572.42 Td (1) Tj ET Q q 0 0 0 rg BT 549.15 572.42 Td (13) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 557.43 Td (Sales of manufactur) Tj ET Q q 0 0 0 rg BT 137.96 557.43 Td (ed pr) Tj ET Q q 0 0 0 rg BT 160.28 557.43 Td (oducts, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.60 557.43 Td (8,501) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 338.65 557.43 Td (2,239) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.15 557.43 Td (309) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.15 557.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 503.15 557.43 Td (12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.60 557.43 Td (1) Tj ET Q q 0 0 0 rg BT 536.60 557.43 Td (1,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 542.42 Td (Retail financing) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 134.65 546.95 Td (\(C\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.15 542.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.15 542.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 542.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.15 542.42 Td (145) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.80 542.47 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.15 542.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 542.42 Td (142) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 527.42 Td (Wholesale financing) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 152.97 531.95 Td (\(C\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.15 527.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.15 527.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 527.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 527.42 Td (48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.15 527.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 527.42 Td (48) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 512.43 Td (Finance r) Tj ET Q q 0 0 0 rg BT 93.23 512.43 Td (evenues) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 302.15 512.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.15 512.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.15 512.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.15 512.43 Td (193) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 504.80 512.48 Td (\(3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 513.15 512.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.15 512.43 Td (190) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 497.43 Td (Sales and r) Tj ET Q q 0 0 0 rg BT 99.55 497.43 Td (evenues, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 275.50 497.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.60 497.43 Td (8,501) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 322.50 497.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 338.65 497.43 Td (2,239) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.50 497.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.15 497.43 Td (309) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.50 497.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.15 497.43 Td (193) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.50 497.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.15 497.43 Td (9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 523.50 497.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.60 497.43 Td (1) Tj ET Q q 0 0 0 rg BT 536.60 497.43 Td (1,251) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 483.65 Td (________________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 468.05 Td (\(A\) ) Tj ET Q q 0 0 0 rg BT 67.50 468.05 Td (Includes other markets primarily consisting of Bus, Export ) Tj ET Q q 0 0 0 rg BT 257.32 468.05 Td (T) Tj ET Q q 0 0 0 rg BT 261.93 468.05 Td (ruck and Mexico. ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 458.45 Td (\(B\) Includes military sales of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 150.81 458.45 Td ($62 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 187.92 458.45 Td (. In December2018, we completed the sale of a ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 342.53 458.45 Td (70%) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 357.19 458.45 Td ( equity interest in Navistar Defense. See Note 3, ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 513.37 458.45 Td (Restructurings, ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 448.85 Td (Impairments and Divestitur) Tj ET Q q 0 0 0 rg BT 155.64 448.85 Td (es ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 164.30 448.85 Td (for additional information.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 439.25 Td (\(C\) ) Tj ET Q q 0 0 0 rg BT 67.50 439.25 Td (Retail financing and ) Tj ET Q q 0 0 0 rg BT 134.22 439.25 Td (Wholesale financing revenues in the Financial Services segment include interest revenue of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 429.23 439.25 Td ($56 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 466.34 439.25 Td ( and ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 481.89 439.25 Td ($48 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 519.00 439.25 Td (, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 429.65 Td (respectively) Tj ET Q q 0 0 0 rg BT 105.63 429.65 Td (, for the year ended October 31, 2019.) Tj ET Q BT /F5 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 49.5 410.3169921875 m 338.376953125 410.3169921875 l s q 0 0 0 rg BT 49.50 411.65 Td (T) Tj ET Q q 0 0 0 rg BT 54.51 411.65 Td (rucks, T) Tj ET Q q 0 0 0 rg BT 86.18 411.65 Td (ruck Contract Manufacturing, Used trucks, Engines and Parts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 391.65 Td (Revenue for our ) Tj ET Q q 0 0 0 rg BT 116.79 391.65 Td (T) Tj ET Q q 0 0 0 rg BT 122.55 391.65 Td (ruck products and services, certain truck contract manufacturing, Used trucks, certain Engines and Parts is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 379.65 Td (recognized at a point in time when control is transferred to the customer) Tj ET Q q 0 0 0 rg BT 337.19 379.65 Td (. Our ) Tj ET Q q 0 0 0 rg BT 360.06 379.65 Td (T) Tj ET Q q 0 0 0 rg BT 365.81 379.65 Td (rucks, Used trucks, Engines, and Parts have a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 367.65 Td (standard warranty) Tj ET Q q 0 0 0 rg BT 120.76 367.65 Td (, the estimated cost of which is included in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 294.06 367.65 Td (Costs of pr) Tj ET Q q 0 0 0 rg BT 337.59 367.65 Td (oducts sold) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.87 367.65 Td (. Operating lease and borrowing revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 355.65 Td (are recognized on a straight-line basis over the life of the lease.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 337.65 Td (Prior to our sale of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.92 337.65 Td (70%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.25 337.65 Td ( equity interest in Navistar Defense, certain truck sales to the U.S. government of non-commercial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 325.65 Td (products manufactured to government specification were recognized over time as the goods were manufactured. Certain truck ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 313.65 Td (and other contract manufacturing arrangements, unrelated to Navistar Defense, continue to be recognized over time. ) Tj ET Q q 0 0 0 rg BT 516.35 313.65 Td (W) Tj ET Q q 0 0 0 rg BT 524.99 313.65 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 301.65 Td (recognize revenue over time when the finished assets have no alternative use and we have a right to payment for work ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 289.65 Td (performed in the event of a contract cancellation or when we create or enhance an asset that the customer controls as it is being ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 277.65 Td (created or enhanced. ) Tj ET Q q 0 0 0 rg BT 134.27 277.65 Td (W) Tj ET Q q 0 0 0 rg BT 142.90 277.65 Td (e recognize revenue using a cost-based input method because it best depicts our progress in satisfying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 265.65 Td (the performance obligation. ) Tj ET Q q 0 0 0 rg BT 162.61 265.65 Td (The selection of the method requires judgement and is based on the nature of the products or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 253.65 Td (services to be provided. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 235.65 Td (Certain terms or modifications to U.S. and foreign government contracts may have been unpriced; that is, the work to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 223.65 Td (performed was defined, but the related contract price was to be negotiated at a later date. In situations where we could reliably ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 211.65 Td (estimate a profit mar) Tj ET Q q 0 0 0 rg BT 132.34 211.65 Td (gin in excess of costs incurred, revenue and gross mar) Tj ET Q q 0 0 0 rg BT 348.21 211.65 Td (gin were recorded for delivered contract items. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 199.65 Td (Otherwise, revenue was recognized when the price had been agreed with the applicable government and costs were deferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 187.65 Td (when it was probable that the costs would be recovered.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 169.65 Td (An allowance for parts sales returns is recorded as a reduction to revenue based upon estimates using historical information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 157.65 Td (about returns. ) Tj ET Q q 0 0 0 rg BT 106.80 157.65 Td (This includes when we are a reseller of certain service parts that include a core component. ) Tj ET Q q 0 0 0 rg BT 473.04 157.65 Td (A) Tj ET Q q 0 0 0 rg BT 479.71 157.65 Td ( core component is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 145.65 Td (the basic for) Tj ET Q q 0 0 0 rg BT 98.74 145.65 Td (ging or casting, such as an engine block, that can be remanufactured by a certified remanufacturing supplier) Tj ET Q q 0 0 0 rg BT 529.69 145.65 Td (. ) Tj ET Q q 0 0 0 rg BT 534.51 145.65 Td (When ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 133.65 Td (a dealer returns a core component within the specified eligibility period, we refund the core return deposit, which is applied to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 121.65 Td (the customer's account balance. ) Tj ET Q BT /F5 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 49.5 102.31699218749998 m 168.5625 102.31699218749998 l s q 0 0 0 rg BT 49.50 103.65 Td (Extended W) Tj ET Q q 0 0 0 rg BT 96.61 103.65 Td (arranty Contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 85.65 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 85.65 Td (e sell separately-priced extended warranty contracts that can be purchased for periods ranging from one to ten years. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 73.65 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 73.65 Td (arranty revenue related to extended warranty contracts is recognized over the life of the contract in proportion to the costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 61.65 Td (expected to be incurred in satisfying the obligation under the contract. Costs under extended warranty contracts are expensed as ) Tj ET Q endstream endobj 149 0 obj <> endobj 150 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (74) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (incurred. ) Tj ET Q q 0 0 0 rg BT 87.63 731.10 Td (W) Tj ET Q q 0 0 0 rg BT 96.27 731.10 Td (e recognize losses on defined pools of extended warranty contracts when the remaining expected costs for a given ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (pool of contracts exceed the related deferred revenue. ) Tj ET Q BT /F5 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 49.5 699.7669921875 m 178.640625 699.7669921875 l s q 0 0 0 rg BT 49.50 701.10 Td (Retail and Wholesale Financing) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 681.10 Td (Financial Services operations recognize revenue from retail notes, finance leases, wholesale notes, retail accounts, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 669.10 Td (wholesale accounts as Finance revenues over the term of the receivables utilizing the ef) Tj ET Q q 0 0 0 rg BT 399.46 669.10 Td (fective interest method. Certain direct ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 657.10 Td (origination costs and fees are deferred and recognized as adjustments to yield and are reported as part of interest income over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 645.10 Td (the life of the receivable. Loans are impaired when we conclude it is probable the customer will not be able to make full ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 633.10 Td (payment according to contractual terms, or when a loan becomes 90 days or more past due. ) Tj ET Q q 0 0 0 rg BT 416.98 633.10 Td (The accrual of interest is suspended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 621.10 Td (on impaired loans. Finance revenues on these loans are recognized only to the extent cash payments are received. ) Tj ET Q q 0 0 0 rg BT 505.26 621.10 Td (W) Tj ET Q q 0 0 0 rg BT 513.89 621.10 Td (e resume ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 609.10 Td (accruing interest on these accounts when payments are current according to the terms of the loans and future payments are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 597.10 Td (reasonably assured. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 579.10 Td (Operating lease revenues are recognized on a straight-line basis over the life of the lease. Recognition of revenue is suspended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 567.10 Td (when management determines the collection of future revenue is not probable. Recognition of revenue is resumed if collection ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 555.10 Td (again becomes probable. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 537.10 Td (Performance Obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 519.10 Td (Generally) Tj ET Q q 0 0 0 rg BT 88.27 519.10 Td (, revenue from our sales is recognized at a point in time when control is transferred to the customer which generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 507.10 Td (occurs upon shipment from our plants and distribution centers or at the time of delivery to our customers. ) Tj ET Q q 0 0 0 rg BT 473.39 507.10 Td (The standard payment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 495.10 Td (term is less than 30 days, but we may extend payment terms on selected receivables. ) Tj ET Q q 0 0 0 rg BT 389.50 495.10 Td (W) Tj ET Q q 0 0 0 rg BT 398.13 495.10 Td (e have elected the practical expedient ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 483.10 Td (that allows us to not assess whether a contract has a significant financing component when the time between cash collection and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 471.10 Td (transfer of control is less than one year) Tj ET Q q 0 0 0 rg BT 204.17 471.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 453.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 453.10 Td (e recognize price allowances, returns and the cost of incentive programs in the normal course of business based on programs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 441.10 Td (of) Tj ET Q q 0 0 0 rg BT 57.65 441.10 Td (fered to dealers or fleet customers. Estimates are made for sales incentives on certain vehicles in dealer stock inventory based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 429.10 Td (on historical experience and announced special programs. ) Tj ET Q q 0 0 0 rg BT 283.12 429.10 Td (The estimated sales incentives and returns are adjusted at the earlier ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 417.10 Td (of when the estimate of consideration we expect to receive changes or the consideration becomes fixed. For contracts where ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 405.10 Td (there is more than one performance obligation, discounts are generally allocated to all of the performance obligations in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 393.10 Td (contract based on their relative standalone selling prices.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 375.10 Td (Revenue on bill and hold arrangements is not recognized until after the customer is notified that the product \(i\)has been ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 363.10 Td (completed according to customer specifications, \(ii\)has passed our quality control inspections, \(iii\)is ready for physical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 351.10 Td (transfer to the customer and \(iv\)the reason for the bill and hold arrangement is substantive.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 333.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 333.10 Td (e have elected to account for shipping and handling activities that occur subsequent to transfer of control as a fulfillment cost ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 321.10 Td (and not as a separate performance obligation. ) Tj ET Q q 0 0 0 rg BT 233.13 321.10 Td (The costs are recognized as an expense in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 402.50 321.10 Td (Costs of pr) Tj ET Q q 0 0 0 rg BT 446.03 321.10 Td (oducts sold) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.31 321.10 Td ( when control of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 309.10 Td (the related performance obligation has transferred to the customer) Tj ET Q q 0 0 0 rg BT 312.73 309.10 Td (. ) Tj ET Q q 0 0 0 rg BT 317.18 309.10 Td (As a practical expedient, we do not disclose the transaction ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 297.10 Td (price related to order backlogs as they have an original expected duration of less than one year) Tj ET Q q 0 0 0 rg BT 426.58 297.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 279.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 279.10 Td (e exclude from revenue any sales taxes, value added taxes and other related taxes collected from customers.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 261.10 Td (The impact of changes to revenue related to performance obligations satisfied in prior periods was not material to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 249.10 Td (consolidated financial statements in 2019.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 231.10 Td (Contract Balances) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 213.10 Td (Most of our contracts are for a period of less than one year) Tj ET Q q 0 0 0 rg BT 283.31 213.10 Td (. ) Tj ET Q q 0 0 0 rg BT 288.13 213.10 Td (W) Tj ET Q q 0 0 0 rg BT 296.77 213.10 Td (e have certain long-term contract manufacturing and extended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 201.10 Td (warranty contracts that extend beyond one year) Tj ET Q q 0 0 0 rg BT 238.31 201.10 Td (. ) Tj ET Q q 0 0 0 rg BT 243.13 201.10 Td (W) Tj ET Q q 0 0 0 rg BT 251.77 201.10 Td (e record deferred revenue, primarily related to extended warranty contracts, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 189.10 Td (when we receive consideration from a customer prior to transferring goods or services under the terms of a sales contract. ) Tj ET Q q 0 0 0 rg BT 538.31 189.10 Td (This ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 177.10 Td (deferred revenue represents contract liabilities which are included in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 341.59 177.10 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.24 177.10 Td ( as components of current ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 165.10 Td (and long-term liabilities. ) Tj ET Q q 0 0 0 rg BT 150.41 165.10 Td (The amount of manufacturing contract liabilities as of October 31, 2019 is not material to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 153.10 Td (consolidated financial statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 135.10 Td (The amount of deferred revenue related to extended warranty programs was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.75 135.10 Td ($279 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 135.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.15 135.10 Td ($255 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.54 135.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.48 135.10 Td ($271 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.87 135.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 123.10 Td (October31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.21 123.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.21 123.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.21 123.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.15 123.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.15 123.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 238.81 123.10 Td (. Revenue recognized under our extended warranty programs was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.70 123.10 Td ($1) Tj ET Q q 0 0 0 rg BT 513.33 123.10 Td (13 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.72 123.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 111.10 Td ($104 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.89 111.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.83 111.10 Td ($144 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.22 111.10 Td ( for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.57 111.10 Td (October31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.28 111.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.28 111.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.28 111.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.22 111.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.22 111.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 444.88 111.10 Td (. ) Tj ET Q q 0 0 0 rg BT 449.70 111.10 Td (W) Tj ET Q q 0 0 0 rg BT 458.34 111.10 Td (e expect to recognize ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 99.10 Td (revenue under our extended warranty programs of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.73 99.10 Td ($87 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.12 99.10 Td ( in 2020, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.90 99.10 Td ($78 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.29 99.10 Td ( in 2021, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.07 99.10 Td ($59 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.46 99.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 87.10 Td (2022, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.50 87.10 Td ($33 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.89 87.10 Td ( in 2023, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.67 87.10 Td ($13 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.06 87.10 Td ( in 2024 and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.28 87.10 Td ($9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.67 87.10 Td ( thereafter) Tj ET Q q 0 0 0 rg BT 338.92 87.10 Td (.) Tj ET Q endstream endobj 151 0 obj <> endobj 152 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (75) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 731.25 Td (Contract Costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 713.25 Td (e recognize incremental costs to obtain contracts as an asset if they are recoverable. ) Tj ET Q q 0 0 0 rg BT 393.82 713.25 Td (As a practical expedient, we recognize ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.25 Td (the costs of obtaining a contract as an expense when the related contract period is less than one year) Tj ET Q q 0 0 0 rg BT 448.25 701.25 Td (. ) Tj ET Q q 0 0 0 rg BT 453.06 701.25 Td (W) Tj ET Q q 0 0 0 rg BT 461.70 701.25 Td (e have no contract costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.25 Td (capitalized as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.97 689.25 Td (October31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.67 689.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 671.25 Td (3. Restructurings, Impairments and Divestitur) Tj ET Q q 0 0 0 rg BT 247.64 671.25 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.25 Td (Restructuring char) Tj ET Q q 0 0 0 rg BT 123.46 653.25 Td (ges are recorded based on restructuring plans that have been committed to by management and are, in part, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.25 Td (based upon management's best estimates of future events. Changes to the estimates may require future adjustments to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.25 Td (restructuring liabilities. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 611.25 Td (Manufacturing Restructuring ) Tj ET Q q 0 0 0 rg BT 174.72 611.25 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 593.25 Td (e continue to focus on our core ) Tj ET Q q 0 0 0 rg BT 184.30 593.25 Td (T) Tj ET Q q 0 0 0 rg BT 190.06 593.25 Td (ruck and Parts businesses and evaluate our portfolio of assets to validate their strategic and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.25 Td (financial fit. ) Tj ET Q q 0 0 0 rg BT 100.69 581.25 Td (This allows us to close or divest non-strategic businesses, and identify opportunities to restructure our business and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.25 Td (rationalize our Manufacturing operations in an ef) Tj ET Q q 0 0 0 rg BT 245.91 569.25 Td (fort to optimize our cost structure. For those areas that fall outside our strategic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.25 Td (businesses, we are evaluating alternatives which could result in additional restructuring and other related char) Tj ET Q q 0 0 0 rg BT 487.78 557.25 Td (ges in the future, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.25 Td (including but not limited to: \(i\) impairments, \(ii\) costs for employee and contractor termination and other related benefits, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.25 Td (\(iii\) char) Tj ET Q q 0 0 0 rg BT 84.02 533.25 Td (ges for pension and other postretirement contractual benefits and curtailments. ) Tj ET Q q 0 0 0 rg BT 400.13 533.25 Td (These char) Tj ET Q q 0 0 0 rg BT 443.53 533.25 Td (ges could be significant.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 515.25 Td (Global Operations r) Tj ET Q q 0 0 0 rg BT 130.80 515.25 Td (estructuring activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.25 Td (During 2017, we initiated cost-reduction actions impacting our workforce in Brazil. ) Tj ET Q q 0 0 0 rg BT 386.36 497.25 Td (As a result, we recognized restructuring ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.25 Td (char) Tj ET Q q 0 0 0 rg BT 66.53 485.25 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.19 485.25 Td ($6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.58 485.25 Td ( in personnel costs for employee separation and related benefits. During 2018, we recognized a benefit of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 473.25 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.89 473.25 Td ( upon the completion of these separation actions. ) Tj ET Q q 0 0 0 rg BT 288.71 473.25 Td (These impacts were recorded in our Global Operations segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.25 Td (within ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 77.56 461.25 Td (Restructuring char) Tj ET Q q 0 0 0 rg BT 153.01 461.25 Td (ges ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.84 461.25 Td (in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 194.95 461.25 Td (Consolidated Statements of Operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.25 Td (During 2019, we ceased production at our MWM Motores engine facility in Jesus Maria, ) Tj ET Q q 0 0 0 rg BT 407.75 443.25 Td (Ar) Tj ET Q q 0 0 0 rg BT 418.12 443.25 Td (gentina and initiated structural cost ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 431.25 Td (reductions in Brazil. ) Tj ET Q q 0 0 0 rg BT 132.82 431.25 Td (As a result, we recognized char) Tj ET Q q 0 0 0 rg BT 258.13 431.25 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.79 431.25 Td ($3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.18 431.25 Td ( of inventory reserves and other related char) Tj ET Q q 0 0 0 rg BT 502.31 431.25 Td (ges in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 528.42 431.25 Td (Costs of ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 419.25 Td (pr) Tj ET Q q 0 0 0 rg BT 58.02 419.25 Td (oducts sold) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.30 419.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.74 419.25 Td ($1) Tj ET Q q 0 0 0 rg BT 132.37 419.25 Td (1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.76 419.25 Td ( in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 181.54 419.25 Td (Restructuring char) Tj ET Q q 0 0 0 rg BT 256.99 419.25 Td (ges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.32 419.25 Td ( in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 298.93 419.25 Td (Consolidated Statements of Operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.37 419.25 Td (in our Global Operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.25 Td (segment.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 389.25 Td (Chatham r) Tj ET Q q 0 0 0 rg BT 92.19 389.25 Td (estructuring activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.25 Td (During 201) Tj ET Q q 0 0 0 rg BT 94.96 371.25 Td (1, we committed to close our Chatham, Ontario heavy truck plant, which had been idled since June 2009. ) Tj ET Q q 0 0 0 rg BT 518.19 371.25 Td (At that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.25 Td (time, we recognized curtailment and contractual termination char) Tj ET Q q 0 0 0 rg BT 310.32 359.25 Td (ges related to postretirement plans. Based on a ruling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.25 Td (regarding pension benefits received from the Financial Services ) Tj ET Q q 0 0 0 rg BT 307.00 347.25 Td (T) Tj ET Q q 0 0 0 rg BT 312.76 347.25 Td (ribunal in Ontario, Canada, in the third quarter of 2014, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 335.25 Td (recognized additional char) Tj ET Q q 0 0 0 rg BT 155.38 335.25 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.04 335.25 Td ($14 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.43 335.25 Td ( related to the 201) Tj ET Q q 0 0 0 rg BT 300.26 335.25 Td (1 closure of the Chatham, Ontario plant. Unsuccessful ef) Tj ET Q q 0 0 0 rg BT 527.23 335.25 Td (forts to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.25 Td (appeal the ruling in the Ontario court system ended in December 2015. In ) Tj ET Q q 0 0 0 rg BT 346.08 323.25 Td (April 2016, we filed a qualified partial wind-up report ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.25 Td (for approval by the Financial Services Commission of Ontario \("FSCO"\). In January 2017, FSCO issued its approval of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 299.25 Td (partial wind-up report. In February 2017, we finalized the resolution of statutory severance pay for former employees related to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 287.25 Td (the closure of our Chatham, Ontario plant, resulting in a char) Tj ET Q q 0 0 0 rg BT 293.14 287.25 Td (ge of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.91 287.25 Td ($6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.30 287.25 Td ( in the first quarter of 2017. During the third ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 275.25 Td (quarter of 2017, we finalized the Chatham closure agreement. ) Tj ET Q q 0 0 0 rg BT 298.94 275.25 Td (This resulted in the release of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.46 275.25 Td ($66 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.85 275.25 Td ( in other post-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 263.25 Td (employment benefit \("OPEB"\) liabilities. In addition, a pension settlement accounting char) Tj ET Q q 0 0 0 rg BT 416.00 263.25 Td (ge of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.77 263.25 Td ($23 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.16 263.25 Td ( was recorded as a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 251.25 Td (result of lump-sum payments made to certain pension plan participants. ) Tj ET Q q 0 0 0 rg BT 337.86 251.25 Td (These char) Tj ET Q q 0 0 0 rg BT 381.26 251.25 Td (ges and benefits were recorded in our ) Tj ET Q q 0 0 0 rg BT 533.52 251.25 Td (T) Tj ET Q q 0 0 0 rg BT 539.28 251.25 Td (ruck ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 239.25 Td (segment within ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 113.38 239.25 Td (Restructuring char) Tj ET Q q 0 0 0 rg BT 188.84 239.25 Td (ges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.17 239.25 Td ( in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 230.77 239.25 Td (Consolidated Statements of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.71 239.25 Td (. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 221.25 Td (Melr) Tj ET Q q 0 0 0 rg BT 68.57 221.25 Td (ose Park Facility r) Tj ET Q q 0 0 0 rg BT 143.46 221.25 Td (estructuring activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.25 Td (During 2017, we committed to a plan to cease engine production at our plant in Melrose Park, Illinois \(Melrose Park Facility\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.25 Td (in 2018. ) Tj ET Q q 0 0 0 rg BT 84.23 191.25 Td (As a result, we recognized char) Tj ET Q q 0 0 0 rg BT 209.54 191.25 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.20 191.25 Td ($41 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.60 191.25 Td ( in our ) Tj ET Q q 0 0 0 rg BT 311.02 191.25 Td (T) Tj ET Q q 0 0 0 rg BT 316.78 191.25 Td (ruck segment. ) Tj ET Q q 0 0 0 rg BT 375.19 191.25 Td (The char) Tj ET Q q 0 0 0 rg BT 410.27 191.25 Td (ges included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.03 191.25 Td ($23 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.42 191.25 Td ( related to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.25 Td (pension and OPEB liabilities and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.76 179.25 Td ($8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.16 179.25 Td ( for severance pay recorded in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 349.42 179.25 Td (Restructuring char) Tj ET Q q 0 0 0 rg BT 424.88 179.25 Td (ges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.21 179.25 Td ( in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 466.81 179.25 Td (Consolidated ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 167.25 Td (Statements of Operations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.60 167.25 Td (W) Tj ET Q q 0 0 0 rg BT 164.24 167.25 Td (e also recorded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.26 167.25 Td ($10 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.66 167.25 Td ( of inventory reserves and other related char) Tj ET Q q 0 0 0 rg BT 449.78 167.25 Td (ges to ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 475.89 167.25 Td (Costs of pr) Tj ET Q q 0 0 0 rg BT 519.42 167.25 Td (oducts ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 155.25 Td (sold) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.17 155.25 Td ( in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 94.78 155.25 Td (Consolidated Statements of Operations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.72 155.25 Td (During) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 285.05 155.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.55 155.25 Td (2018, we recognized a benefit of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.10 155.25 Td ($2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.49 155.25 Td ( related to the finalized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 143.25 Td (cessation of production agreement. ) Tj ET Q q 0 0 0 rg BT 191.77 143.25 Td (This benefit was recorded in our ) Tj ET Q q 0 0 0 rg BT 323.77 143.25 Td (T) Tj ET Q q 0 0 0 rg BT 329.52 143.25 Td (ruck segment within ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 413.67 143.25 Td (Restructuring char) Tj ET Q q 0 0 0 rg BT 489.13 143.25 Td (ges ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.96 143.25 Td (in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 131.25 Td (Consolidated Statements of Operations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.44 131.25 Td (Production at the Melrose Park Facility ceased in May 2018.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 113.25 Td (Asset Impairments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 95.25 Td (During 2019, 2018 and 2017, we concluded that we had triggering events related to certain assets under operating leases. ) Tj ET Q q 0 0 0 rg BT 535.47 95.25 Td (As a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 83.25 Td (result, we recorded char) Tj ET Q q 0 0 0 rg BT 145.38 83.25 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.04 83.25 Td ($6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.43 83.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.43 83.25 Td ($5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.82 83.25 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.76 83.25 Td ($8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.15 83.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 375.81 83.25 Td (, in our ) Tj ET Q q 0 0 0 rg BT 406.74 83.25 Td (T) Tj ET Q q 0 0 0 rg BT 412.50 83.25 Td (ruck segment. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 65.25 Td (During 2019 and 2018, we concluded that we had triggering events related to certain long-lived assets. ) Tj ET Q q 0 0 0 rg BT 462.16 65.25 Td (As a result, we recorded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 53.25 Td (a char) Tj ET Q q 0 0 0 rg BT 73.46 53.25 Td (ge of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.23 53.25 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.63 53.25 Td ( in our ) Tj ET Q q 0 0 0 rg BT 166.05 53.25 Td (T) Tj ET Q q 0 0 0 rg BT 171.81 53.25 Td (ruck segment. In 2018, we recorded char) Tj ET Q q 0 0 0 rg BT 334.90 53.25 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.56 53.25 Td ($6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.95 53.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.39 53.25 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.78 53.25 Td ( in our ) Tj ET Q q 0 0 0 rg BT 492.21 53.25 Td (T) Tj ET Q q 0 0 0 rg BT 497.96 53.25 Td (ruck segment ) Tj ET Q endstream endobj 153 0 obj <> endobj 154 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (76) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (and Financial Services segment, respectively) Tj ET Q q 0 0 0 rg BT 228.51 713.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.10 Td (During 2018, we concluded that we had triggering events related to the sale of our railcar business in Cherokee, ) Tj ET Q q 0 0 0 rg BT 498.53 695.10 Td (Alabama ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.10 Td (requiring the impairment of certain long-lived assets. ) Tj ET Q q 0 0 0 rg BT 263.88 683.10 Td (As a result, we recorded a char) Tj ET Q q 0 0 0 rg BT 387.25 683.10 Td (ge of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.02 683.10 Td ($2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.41 683.10 Td ( in our ) Tj ET Q q 0 0 0 rg BT 479.84 683.10 Td (T) Tj ET Q q 0 0 0 rg BT 485.60 683.10 Td (ruck segment. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (February 2018, we completed the sale of the business. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (During 2017, we concluded that we had a triggering event in connection with the sale of our fabrication business in Conway) Tj ET Q q 0 0 0 rg BT 546.22 653.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (Arkansas requiring the impairment of certain assets. ) Tj ET Q q 0 0 0 rg BT 259.99 641.10 Td (As a result, we recorded char) Tj ET Q q 0 0 0 rg BT 376.42 641.10 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.08 641.10 Td ($5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.48 641.10 Td ( in our ) Tj ET Q q 0 0 0 rg BT 472.90 641.10 Td (T) Tj ET Q q 0 0 0 rg BT 478.66 641.10 Td (ruck segment. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.10 Td (These char) Tj ET Q q 0 0 0 rg BT 92.90 623.10 Td (ges were recorded in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 178.42 623.10 Td (Asset impairment char) Tj ET Q q 0 0 0 rg BT 268.59 623.10 Td (ges ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.42 623.10 Td (in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 310.53 623.10 Td (Consolidated Statements of Operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (See Note 13, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 103.38 605.10 Td (Fair V) Tj ET Q q 0 0 0 rg BT 128.66 605.10 Td (alue Measur) Tj ET Q q 0 0 0 rg BT 178.55 605.10 Td (ements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.32 605.10 Td (, for information on the valuation of impaired operating leases and other assets.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (Navistar Defense Divestiture) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (In December2018, we completed the sale of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.76 569.10 Td (70%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.09 569.10 Td ( equity interest in Navistar Defense to an af) Tj ET Q q 0 0 0 rg BT 429.73 569.10 Td (filiate of Cerberus Capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.10 Td (Management, L.P) Tj ET Q q 0 0 0 rg BT 119.76 557.10 Td (. ) Tj ET Q q 0 0 0 rg BT 124.58 557.10 Td (The retained interest is accounted for as an equity method investment. In connection with the closing of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.10 Td (transaction, we entered into an exclusive long-term agreement to supply military and commercial parts and chassis to Navistar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.10 Td (Defense) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 82.26 533.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.76 533.10 Td ( ) Tj ET Q q 0 0 0 rg BT 87.08 533.10 Td (W) Tj ET Q q 0 0 0 rg BT 95.72 533.10 Td (e also entered into an intellectual property agreement and a transition services agreement concurrent with the sale.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 515.10 Td (The Navistar Defense purchase price, adjusted for certain calendar year 2018 char) Tj ET Q q 0 0 0 rg BT 377.49 515.10 Td (geouts, was approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.91 515.10 Td ($140 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 515.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 503.10 Td (which was subject to additional adjustments for working capital, transfers of certain liabilities and commitments, and other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.10 Td (items. ) Tj ET Q q 0 0 0 rg BT 75.98 491.10 Td (The transaction also includes potential additional consideration of up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.80 491.10 Td ($17 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.19 491.10 Td (, not included in the gain on the sale, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.10 Td (based on cash proceeds from certain contracts which exceed defined thresholds. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.10 Td (During 2019, we recognized a gain on the sale, net of adjustments to the purchase price, in our ) Tj ET Q q 0 0 0 rg BT 430.04 461.10 Td (T) Tj ET Q q 0 0 0 rg BT 435.79 461.10 Td (ruck segment of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.72 461.10 Td ($51 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.11 461.10 Td ( in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 449.10 Td (Other expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.19 449.10 Td (in our) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 152.80 449.10 Td (Consolidated Statements of Operations. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 431.10 Td (4. Finance Receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (Finance receivables are receivables of our Financial Services operations. Finance receivables generally consist of wholesale ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (notes and accounts, as well as retail notes, finance leases and accounts. ) Tj ET Q q 0 0 0 rg BT 335.60 401.10 Td (T) Tj ET Q q 0 0 0 rg BT 341.01 401.10 Td (otal finance receivables reported on the ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 500.94 401.10 Td (Consolidated ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.31 389.10 Td ( are net of an allowance for doubtful accounts. ) Tj ET Q q 0 0 0 rg BT 298.39 389.10 Td (T) Tj ET Q q 0 0 0 rg BT 303.80 389.10 Td (otal assets of our Financial Services operations net of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.10 Td (intercompany balances were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.83 377.10 Td ($2.8 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.95 377.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.38 377.10 Td ($2.6 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.50 377.10 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.66 377.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.37 377.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.80 377.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.80 377.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 463.46 377.10 Td (. Included in total assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.10 Td (of our Financial Services operations are finance receivables of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.34 365.10 Td ($2.2 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.45 365.10 Td ( as of both ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.89 365.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.59 365.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.03 365.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.03 365.10 Td (. ) Tj ET Q q 0 0 0 rg BT 505.85 365.10 Td (W) Tj ET Q q 0 0 0 rg BT 514.49 365.10 Td (e have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.81 365.10 Td (two) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.81 365.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 353.10 Td (portfolio segments of finance receivables that we distinguish based on the type of customer and nature of the financing inherent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 341.10 Td (to each portfolio. ) Tj ET Q q 0 0 0 rg BT 120.41 341.10 Td (The retail portfolio segment represents loans or leases to end-users for the purchase or lease of vehicles. ) Tj ET Q q 0 0 0 rg BT 538.41 341.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 329.10 Td (wholesale portfolio segment represents loans to dealers to finance their inventory) Tj ET Q q 0 0 0 rg BT 373.75 329.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.10 Td (Our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 67.55 311.10 Td (Finance r) Tj ET Q q 0 0 0 rg BT 106.34 311.10 Td (eceivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.19 311.10 Td ( in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 193.80 311.10 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.45 311.10 Td ( consist of the following:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 287.6 m 509 287.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 287.6 m 513 287.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 287.6 m 563 287.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 274.6 m 509 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 274.6 m 563 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 244.60000000000002 m 509 244.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 244.60000000000002 m 563 244.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 214.60000000000002 m 509 214.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 214.60000000000002 m 563 214.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 184.60000000000002 m 509 184.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 184.60000000000002 m 563 184.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 170.60000000000002 m 509 170.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 168.60000000000002 m 509 168.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 184.60000000000002 m 563 184.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 170.60000000000002 m 563 170.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 168.60000000000002 m 563 168.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.80 291.83 Td (As of October) Tj ET Q q 0 0 0 rg BT 528.27 291.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 278.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.50 278.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.50 278.83 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 264.27 Td (Retail portfolio) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.50 264.17 Td (........................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.50 264.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.15 264.28 Td (854) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 264.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 264.27 Td (720) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 249.27 Td (Wholesale portfolio) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.00 249.17 Td (.................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.65 249.28 Td (1,366) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 249.27 Td (1,460) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 234.27 Td (T) Tj ET Q q 0 0 0 rg BT 76.26 234.27 Td (otal finance receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.50 234.17 Td (..................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.65 234.28 Td (2,220) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 234.27 Td (2,180) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 219.27 Td (Less: ) Tj ET Q q 0 0 0 rg BT 75.56 219.27 Td (Allowance for doubtful accounts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.00 219.17 Td (...................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.15 219.28 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 219.27 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 204.27 Td (T) Tj ET Q q 0 0 0 rg BT 76.26 204.27 Td (otal finance receivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.00 204.17 Td (...........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.65 204.28 Td (2,197) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 204.27 Td (2,158) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 189.27 Td (Less: Current portion, net) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 155.26 193.80 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.50 189.17 Td (....................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.65 189.28 Td (1,923) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 189.27 Td (1,898) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 174.27 Td (Noncurrent portion, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.50 174.17 Td (....................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.50 174.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.15 174.28 Td (274) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 174.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 174.27 Td (260) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 160.50 Td (_________________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 150.90 Td (\(A\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 150.90 Td (The current portion of finance receivables is computed based on contractual maturities. ) Tj ET Q q 0 0 0 rg BT 348.06 150.90 Td (Actual cash collections typically vary from the contractual cash ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 141.30 Td (flows because of prepayments, extensions, delinquencies, credit losses, and renewals.) Tj ET Q endstream endobj 155 0 obj <> endobj 156 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (77) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.94 713.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.65 713.10 Td (, contractual maturities of our finance receivables are as follows: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 680.6 m 454 680.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 680.6 m 508 680.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 680.6 m 562 680.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 575.6 m 454 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 575.6 m 508 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 575.6 m 562 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 545.6 m 454 545.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 545.6 m 508 545.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 545.6 m 562 545.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 531.6 m 454 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 529.6 m 454 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 531.6 m 508 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 529.6 m 508 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 531.6 m 562 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 529.6 m 562 529.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 51.50 684.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.25 692.83 Td (Retail) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.35 684.83 Td (Portfolio) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.90 692.83 Td (Wholesale) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.35 684.83 Td (Portfolio) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.75 684.83 Td (T) Tj ET Q q 0 0 0 rg BT 532.35 684.83 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 670.27 Td (Due in:) Tj ET Q BT /F1 4.00 Tf ET q 0 0 0 rg BT 406.50 668.98 Td () Tj ET Q BT /F1 4.00 Tf ET q 0 0 0 rg BT 460.50 668.98 Td () Tj ET Q BT /F1 4.00 Tf ET q 0 0 0 rg BT 514.50 668.98 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.50 655.27 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 655.17 Td (..........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.50 655.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.15 655.28 Td (592) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.50 655.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.65 655.28 Td (1,366) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 514.50 655.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 535.65 655.28 Td (1,958) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.50 640.27 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 640.17 Td (..........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.15 640.28 Td (145) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 640.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 543.15 640.28 Td (145) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.50 625.27 Td (2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 625.17 Td (..........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.15 625.28 Td (104) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 625.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 543.15 625.28 Td (104) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.50 610.27 Td (2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 610.17 Td (..........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 440.15 610.28 Td (49) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 610.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.15 610.28 Td (49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.50 595.27 Td (2024) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 595.17 Td (..........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 440.15 595.28 Td (15) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 595.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.15 595.28 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.50 580.27 Td (Thereafter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.00 580.17 Td (.................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.15 580.28 Td (4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 580.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.15 580.28 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 565.27 Td (Gross finance receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.50 565.17 Td (..................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.15 565.28 Td (909) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.65 565.28 Td (1,366) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 535.65 565.28 Td (2,275) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 550.27 Td (Less: Unearned finance income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.00 550.17 Td (.........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 440.15 550.28 Td (55) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 550.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.15 550.28 Td (55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.50 535.27 Td (T) Tj ET Q q 0 0 0 rg BT 80.91 535.27 Td (otal finance receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.50 535.17 Td (..........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.50 535.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.15 535.28 Td (854) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.50 535.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.65 535.28 Td (1,366) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 514.50 535.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 535.65 535.28 Td (2,220) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 513.10 Td (Securitizations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 495.10 Td (Generally our Financial Services operations transfer wholesale notes, retail accounts receivable, finance leases, and operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 483.10 Td (leases to special purpose entities \("SPEs"\), which generally are only permitted to purchase these assets, issue asset-backed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 471.10 Td (securities, and make payments on the securities issued. Certain operating leases are transferred to a third party without the use ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 459.10 Td (of an SPE. In addition to servicing receivables, our continued involvement in these transactions may include an economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 447.10 Td (interest in the transferred receivables and, in some cases, managing exposure to interest rate changes on the securities using ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 435.10 Td (interest rate swaps or interest rate caps. ) Tj ET Q q 0 0 0 rg BT 208.70 435.10 Td (There were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.44 435.10 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.44 435.10 Td ( transfers of finance receivables that qualified for sale accounting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 423.10 Td (treatment as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.42 423.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.13 423.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.56 423.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.56 423.10 Td (, and as a result, the transferred finance receivables are included in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 505.15 423.10 Td (Consolidated ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 411.10 Td (Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.31 411.10 Td ( and the related interest earned is included in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 291.63 411.10 Td (Finance r) Tj ET Q q 0 0 0 rg BT 330.41 411.10 Td (evenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.06 411.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 393.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 393.10 Td (e generally transfer eligible finance receivables into trusts in order to issue asset-backed securities. ) Tj ET Q q 0 0 0 rg BT 454.75 393.10 Td (These trusts are ) Tj ET Q q 0 0 0 rg BT 519.82 393.10 Td (VIEs of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 381.10 Td (which we are determined to be the primary beneficiary and, therefore, the assets and liabilities of the trusts are included in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 369.10 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.15 369.10 Td (. ) Tj ET Q q 0 0 0 rg BT 170.96 369.10 Td (The outstanding balance of finance receivables transferred into these ) Tj ET Q q 0 0 0 rg BT 448.16 369.10 Td (VIEs was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.27 369.10 Td ($874 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.66 369.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 357.10 Td ($956 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.89 357.10 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.05 357.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.76 357.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.20 357.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.20 357.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 286.86 357.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 339.10 Td (Other finance receivables related to secured transactions that do not qualify for sale accounting treatment were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.31 339.10 Td ($358 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.70 339.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 327.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.44 327.10 Td ($235 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.83 327.10 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.99 327.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.70 327.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.14 327.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.14 327.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 303.80 327.10 Td (. For more information on assets and liabilities of consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 315.10 Td (VIEs and other securitizations accounted for as secured borrowings by our Financial Services operations, see Note 1, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 520.19 315.10 Td (Summary ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 303.10 Td (of Significant ) Tj ET Q q 0 0 0 rg BT 105.43 303.10 Td (Accounting Policies.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 285.10 Td (Finance Revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 267.10 Td (The following table presents the portion of ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 223.07 267.10 Td (Finance r) Tj ET Q q 0 0 0 rg BT 261.85 267.10 Td (evenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 267.10 Td (from our Financial Services operations:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 243.60000000000002 m 482 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482 243.60000000000002 m 486 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 243.60000000000002 m 522 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 243.60000000000002 m 526 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526 243.60000000000002 m 563 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 230.60000000000002 m 482 230.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 230.60000000000002 m 522 230.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526 230.60000000000002 m 563 230.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 170.60000000000002 m 482 170.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 170.60000000000002 m 522 170.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526 170.60000000000002 m 563 170.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 170.60000000000002 m 482 170.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 170.60000000000002 m 522 170.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526 170.60000000000002 m 563 170.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 140.60000000000002 m 482 140.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 140.60000000000002 m 522 140.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526 140.60000000000002 m 563 140.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 126.60000000000002 m 482 126.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 124.60000000000002 m 482 124.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 126.60000000000002 m 522 126.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 124.60000000000002 m 522 124.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526 126.60000000000002 m 563 126.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526 124.60000000000002 m 563 124.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.80 247.83 Td (As of October) Tj ET Q q 0 0 0 rg BT 522.27 247.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 234.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.00 234.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 495.50 234.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 536.00 234.83 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 220.27 Td (Retail notes and finance leases revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.00 220.17 Td (.............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.50 220.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.15 220.28 Td (60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.50 220.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 220.27 Td (50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.50 220.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 220.27 Td (41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 205.27 Td (Wholesale notes interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.00 205.17 Td (.....................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.10 205.28 Td (1) Tj ET Q q 0 0 0 rg BT 468.10 205.28 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.10 205.27 Td (105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 205.27 Td (102) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 190.27 Td (Operating lease revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.00 190.17 Td (.....................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.15 190.28 Td (86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 190.27 Td (72) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 190.27 Td (68) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 175.27 Td (Retail and wholesale accounts interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.00 175.17 Td (...............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.15 175.28 Td (33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 175.27 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 175.27 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 160.27 Td (Gross finance revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.00 160.17 Td (...............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.10 160.28 Td (297) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.10 160.27 Td (257) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 160.27 Td (235) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 145.27 Td (Less: Intercompany revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.00 145.17 Td (.............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.10 145.28 Td (104) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 145.27 Td (97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 145.27 Td (93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 130.27 Td (Finance revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.00 130.17 Td (.........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.50 130.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.10 130.28 Td (193) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.50 130.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.10 130.27 Td (160) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.50 130.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 130.27 Td (142) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 108.10 Td (5. ) Tj ET Q q 0 0 0 rg BT 58.95 108.10 Td (Allowance for) Tj ET Q q 0 0 0 rg BT 118.47 108.10 Td ( Doubtful ) Tj ET Q q 0 0 0 rg BT 161.27 108.10 Td (Accounts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 90.10 Td (Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.55 90.10 Td (two) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.55 90.10 Td ( finance receivables portfolio segments, retail and wholesale, each consist of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.05 90.10 Td (one) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.49 90.10 Td ( class of receivable based on: \(i\) initial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 78.10 Td (measurement attributes of the receivables, and \(ii\) the assessment and monitoring of risk and performance of the receivables. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 66.10 Td (For more information, see Note 4, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 188.36 66.10 Td (Finance Receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.37 66.10 Td (.) Tj ET Q endstream endobj 157 0 obj <> endobj 158 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (78) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (The following tables present the activity related to our allowance for doubtful accounts for our retail portfolio segment, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (wholesale portfolio segment, and trade and other receivables:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 677.6 m 413 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 677.6 m 417 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 677.6 m 463 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 677.6 m 467 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 677.6 m 513 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 677.6 m 517 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 677.6 m 563 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 677.6 m 413 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 646.6 m 413 646.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 677.6 m 463 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 646.6 m 463 646.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 677.6 m 467 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 677.6 m 513 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 646.6 m 513 646.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 677.6 m 563 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 646.6 m 563 646.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 646.6 m 413 646.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 646.6 m 463 646.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 646.6 m 513 646.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 646.6 m 563 646.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 571.6 m 413 571.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 571.6 m 463 571.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 571.6 m 513 571.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 571.6 m 563 571.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 571.6 m 413 571.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 557.6 m 413 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 555.6 m 413 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 571.6 m 463 571.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 557.6 m 463 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 555.6 m 463 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 571.6 m 513 571.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 557.6 m 513 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 555.6 m 513 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 571.6 m 563 571.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 557.6 m 563 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 555.6 m 563 555.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.20 681.83 Td (For) Tj ET Q q 0 0 0 rg BT 413.57 681.83 Td ( the ) Tj ET Q q 0 0 0 rg BT 428.01 681.83 Td (Y) Tj ET Q q 0 0 0 rg BT 433.19 681.83 Td (ear) Tj ET Q q 0 0 0 rg BT 443.78 681.83 Td ( Ended October) Tj ET Q q 0 0 0 rg BT 497.86 681.83 Td ( 31, 2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 650.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 379.25 658.83 Td (Retail) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.35 650.83 Td (Portfolio) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.90 658.83 Td (Wholesale) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 424.35 650.83 Td (Portfolio) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 471.90 666.83 Td (T) Tj ET Q q 0 0 0 rg BT 476.94 666.83 Td (radeand) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 479.35 658.83 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.50 650.83 Td (Receivables) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.75 650.83 Td (T) Tj ET Q q 0 0 0 rg BT 535.35 650.83 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 636.27 Td (Allowance for doubtful accounts, at beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.50 636.17 Td (..................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 369.50 636.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 399.15 636.28 Td (19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 419.50 636.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.15 636.28 Td (3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 469.50 636.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.15 636.28 Td (28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.50 636.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.15 636.28 Td (50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 621.27 Td (Provision for doubtful accounts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.00 621.17 Td (.........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 404.15 621.28 Td (5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.15 621.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.80 621.33 Td (\(1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.15 621.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 554.15 621.28 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 606.27 Td (Char) Tj ET Q q 0 0 0 rg BT 71.85 606.27 Td (ge-of) Tj ET Q q 0 0 0 rg BT 92.77 606.27 Td (f of accounts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.00 606.17 Td (.......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.80 606.33 Td (\(6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.15 606.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.15 606.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.80 606.33 Td (\(6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.15 606.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 545.80 606.33 Td (\(12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 559.15 606.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 591.27 Td (Recoveries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.50 591.17 Td (..........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 404.15 591.28 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.15 591.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.15 591.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 554.15 591.28 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 576.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 75.27 580.80 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 576.17 Td (...............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 399.15 576.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.15 576.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.15 576.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.15 576.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 561.27 Td (Allowance for doubtful accounts, at end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.00 561.17 Td (.....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 369.50 561.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 399.15 561.28 Td (20) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 419.50 561.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.15 561.28 Td (3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 469.50 561.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.15 561.28 Td (21) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.50 561.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.15 561.28 Td (44) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 531.6 m 413 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 531.6 m 417 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 531.6 m 463 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 531.6 m 467 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 531.6 m 513 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 531.6 m 517 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 531.6 m 563 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 531.6 m 413 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 500.6 m 413 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 531.6 m 417 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 531.6 m 463 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 500.6 m 463 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 531.6 m 467 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 531.6 m 513 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 500.6 m 513 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 531.6 m 517 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 531.6 m 563 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 500.6 m 563 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 500.6 m 413 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 500.6 m 463 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 500.6 m 513 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 500.6 m 563 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 425.6 m 413 425.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 425.6 m 463 425.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 425.6 m 513 425.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 425.6 m 563 425.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 425.6 m 413 425.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 411.6 m 413 411.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 409.6 m 413 409.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 425.6 m 463 425.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 411.6 m 463 411.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 409.6 m 463 409.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 425.6 m 513 425.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 411.6 m 513 411.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 409.6 m 513 409.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 425.6 m 563 425.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 411.6 m 563 411.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 409.6 m 563 409.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.20 535.83 Td (For) Tj ET Q q 0 0 0 rg BT 413.57 535.83 Td ( the ) Tj ET Q q 0 0 0 rg BT 428.01 535.83 Td (Y) Tj ET Q q 0 0 0 rg BT 433.19 535.83 Td (ear) Tj ET Q q 0 0 0 rg BT 443.78 535.83 Td ( Ended October) Tj ET Q q 0 0 0 rg BT 497.86 535.83 Td ( 31, 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 504.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 379.25 512.83 Td (Retail) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.35 504.83 Td (Portfolio) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.90 512.83 Td (Wholesale) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 424.35 504.83 Td (Portfolio) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 471.90 520.83 Td (T) Tj ET Q q 0 0 0 rg BT 476.94 520.83 Td (radeand) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 479.35 512.83 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.50 504.83 Td (Receivables) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.75 504.83 Td (T) Tj ET Q q 0 0 0 rg BT 535.35 504.83 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 490.27 Td (Allowance for doubtful accounts, at beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.50 490.17 Td (..................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.50 490.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.15 490.27 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.50 490.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 490.27 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.50 490.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 490.27 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.50 490.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 490.27 Td (48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 475.27 Td (Provision for doubtful accounts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.00 475.17 Td (.........................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.15 475.27 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 475.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 475.27 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 475.27 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 460.27 Td (Char) Tj ET Q q 0 0 0 rg BT 71.85 460.27 Td (ge-of) Tj ET Q q 0 0 0 rg BT 92.77 460.27 Td (f of accounts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.00 460.17 Td (.......................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.80 460.32 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 460.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 460.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.80 460.32 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 460.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 460.32 Td (\(8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 460.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 445.27 Td (Recoveries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.50 445.17 Td (..........................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.15 445.27 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 445.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 445.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 445.27 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 430.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 75.27 434.80 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 430.17 Td (...............................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.80 430.32 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 430.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 430.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.80 430.32 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 430.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 430.32 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 430.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 415.27 Td (Allowance for doubtful accounts, at end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.00 415.17 Td (.....................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.50 415.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.15 415.27 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.50 415.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 415.27 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.50 415.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 415.27 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.50 415.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 415.27 Td (50) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 385.6 m 413 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 385.6 m 417 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 385.6 m 463 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 385.6 m 467 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 385.6 m 513 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 385.6 m 517 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 385.6 m 563 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 385.6 m 413 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 354.6 m 413 354.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 385.6 m 417 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 385.6 m 463 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 354.6 m 463 354.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 385.6 m 467 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 385.6 m 513 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 354.6 m 513 354.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 385.6 m 517 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 385.6 m 563 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 354.6 m 563 354.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 354.6 m 413 354.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 354.6 m 463 354.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 354.6 m 513 354.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 354.6 m 563 354.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 279.6 m 413 279.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 279.6 m 463 279.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 279.6 m 513 279.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 279.6 m 563 279.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 279.6 m 413 279.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 265.6 m 413 265.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 263.6 m 413 263.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 279.6 m 463 279.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 265.6 m 463 265.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 263.6 m 463 263.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 279.6 m 513 279.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 265.6 m 513 265.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 263.6 m 513 263.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 279.6 m 563 279.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 265.6 m 563 265.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 263.6 m 563 263.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.20 389.83 Td (For) Tj ET Q q 0 0 0 rg BT 413.49 389.83 Td ( the ) Tj ET Q q 0 0 0 rg BT 427.86 389.83 Td (Y) Tj ET Q q 0 0 0 rg BT 432.75 389.83 Td (ear) Tj ET Q q 0 0 0 rg BT 443.71 389.83 Td ( Ended October) Tj ET Q q 0 0 0 rg BT 497.79 389.83 Td ( 31, 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 358.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 379.25 366.83 Td (Retail ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.35 358.83 Td (Portfolio) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.90 366.83 Td (Wholesale ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 424.35 358.83 Td (Portfolio) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 471.90 374.83 Td (T) Tj ET Q q 0 0 0 rg BT 476.64 374.83 Td (radeand ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 479.35 366.83 Td (Other) Tj ET Q q 0 0 0 rg BT 499.64 366.83 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.50 358.83 Td (Receivables) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.75 358.83 Td (T) Tj ET Q q 0 0 0 rg BT 535.35 358.83 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 344.27 Td (Allowance for doubtful accounts, at beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.50 344.17 Td (..................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.50 344.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.15 344.27 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.50 344.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 344.27 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.50 344.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 344.27 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.50 344.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 344.27 Td (49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 329.27 Td (Provision for doubtful accounts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.00 329.17 Td (.........................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.15 329.27 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 329.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 329.27 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 329.27 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 314.27 Td (Char) Tj ET Q q 0 0 0 rg BT 71.85 314.27 Td (ge-of) Tj ET Q q 0 0 0 rg BT 92.77 314.27 Td (f of accounts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.00 314.17 Td (.......................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.80 314.32 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 314.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 314.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.80 314.32 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 314.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 314.32 Td (\(8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 314.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 299.27 Td (Recoveries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.50 299.17 Td (..........................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.15 299.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 299.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 299.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 299.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 284.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 75.27 288.80 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 284.17 Td (...............................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.15 284.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 284.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.80 284.32 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 284.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 284.32 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 284.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 269.27 Td (Allowance for doubtful accounts, at end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.00 269.17 Td (.....................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.50 269.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.15 269.27 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.50 269.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 269.27 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.50 269.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 269.27 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.50 269.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 269.27 Td (48) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 255.50 Td (____________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 48.50 245.90 Td (\(A\) ) Tj ET Q q 0 0 0 rg BT 67.50 245.90 Td (Amounts include impact from currency translation.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 227.90 Td (The accrual of interest income is discontinued on certain impaired finance receivables. Impaired finance receivables include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 215.90 Td (accounts with specific loss reserves and certain accounts that are on non-accrual status. In certain cases, we continue to collect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.90 Td (payments on our impaired finance receivables.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 185.90 Td (The following table presents information regarding impaired finance receivables:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301 162.39999999999998 m 341 162.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341 162.39999999999998 m 345 162.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 162.39999999999998 m 388 162.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388 162.39999999999998 m 392 162.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392 162.39999999999998 m 429 162.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435 162.39999999999998 m 475 162.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 162.39999999999998 m 479 162.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479 162.39999999999998 m 522 162.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 162.39999999999998 m 526 162.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526 162.39999999999998 m 563 162.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301 162.39999999999998 m 341 162.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301 141.39999999999998 m 341 141.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341 162.39999999999998 m 345 162.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 162.39999999999998 m 388 162.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 141.39999999999998 m 388 141.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388 162.39999999999998 m 392 162.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392 162.39999999999998 m 429 162.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392 141.39999999999998 m 429 141.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435 162.39999999999998 m 475 162.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435 141.39999999999998 m 475 141.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 162.39999999999998 m 479 162.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479 162.39999999999998 m 522 162.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479 141.39999999999998 m 522 141.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 162.39999999999998 m 526 162.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526 162.39999999999998 m 563 162.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526 141.39999999999998 m 563 141.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301 141.39999999999998 m 341 141.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 141.39999999999998 m 388 141.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392 141.39999999999998 m 429 141.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435 141.39999999999998 m 475 141.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479 141.39999999999998 m 522 141.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526 141.39999999999998 m 563 141.39999999999998 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 166.65 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 335.55 166.63 Td (October) Tj ET Q q 0 0 0 rg BT 363.47 166.63 Td ( 31, 2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.55 166.63 Td (October) Tj ET Q q 0 0 0 rg BT 497.47 166.63 Td ( 31, 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 145.63 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.25 153.63 Td (Retail) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 305.35 145.63 Td (Portfolio) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 348.40 153.63 Td (Wholesale) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 350.85 145.63 Td (Portfolio) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.25 145.63 Td (T) Tj ET Q q 0 0 0 rg BT 406.22 145.63 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.25 153.63 Td (Retail) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.35 145.63 Td (Portfolio) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 482.40 153.63 Td (Wholesale) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.85 145.63 Td (Portfolio) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.25 145.63 Td (T) Tj ET Q q 0 0 0 rg BT 539.85 145.63 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 131.07 Td (Impaired finance receivables with specific loss reserves) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.50 130.97 Td (........) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 303.50 131.08 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.15 131.08 Td (23) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 347.50 131.08 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.15 131.08 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.50 131.08 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.15 131.08 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.50 131.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 131.07 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.50 131.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 131.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.50 131.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 131.07 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 116.07 Td (Impaired finance receivables without specific loss reserves) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.00 115.97 Td (...) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.15 116.08 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.15 116.08 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.15 116.08 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 116.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 116.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 116.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 101.07 Td (Specific loss reserves on impaired finance receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.00 100.97 Td (...........) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.15 101.08 Td (1) Tj ET Q q 0 0 0 rg BT 332.15 101.08 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.15 101.08 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.15 101.08 Td (1) Tj ET Q q 0 0 0 rg BT 420.15 101.08 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 101.07 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 101.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 101.07 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 86.07 Td (Finance receivables on non-accrual status) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.00 85.97 Td (...............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.15 86.08 Td (24) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.15 86.08 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.15 86.08 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 86.07 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 86.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 86.07 Td (20) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 159 0 obj <> endobj 160 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (79) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (The average balances of the impaired finance receivables in the retail portfolio were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.50 713.10 Td ($21 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.89 713.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.33 713.10 Td ($19 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.72 713.10 Td ( for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.10 713.10 Td (years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (ended October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.58 701.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.02 701.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.02 701.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 237.68 701.10 Td (. See Note 13, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 296.56 701.10 Td (Fair V) Tj ET Q q 0 0 0 rg BT 321.84 701.10 Td (alue Measur) Tj ET Q q 0 0 0 rg BT 371.74 701.10 Td (ements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.50 701.10 Td (, for information on the valuation of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (impaired finance receivables.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 671.10 Td (e use the aging of our receivables as well as other inputs when assessing credit quality) Tj ET Q q 0 0 0 rg BT 402.11 671.10 Td (. ) Tj ET Q q 0 0 0 rg BT 406.93 671.10 Td (The following table presents the aging ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.10 Td (analysis for finance receivables:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 635.6 m 321 635.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 635.6 m 459 635.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 635.6 m 463 635.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 635.6 m 505 635.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 635.6 m 509 635.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 635.6 m 551 635.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 635.6 m 321 635.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 614.6 m 321 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 635.6 m 325 635.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 635.6 m 367 635.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 614.6 m 367 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 635.6 m 371 635.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 635.6 m 413 635.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 614.6 m 413 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 635.6 m 459 635.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 614.6 m 459 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 635.6 m 463 635.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 635.6 m 505 635.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 614.6 m 505 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 635.6 m 509 635.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 635.6 m 551 635.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 614.6 m 551 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 614.6 m 459 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 614.6 m 505 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 614.6 m 551 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 569.6 m 321 569.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 555.6 m 321 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 553.6 m 321 553.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 569.6 m 367 569.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 555.6 m 367 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 553.6 m 367 553.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 569.6 m 413 569.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 555.6 m 413 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 553.6 m 413 553.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 569.6 m 459 569.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 555.6 m 459 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 553.6 m 459 553.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 569.6 m 505 569.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 555.6 m 505 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 553.6 m 505 553.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 569.6 m 551 569.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 555.6 m 551 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 553.6 m 551 553.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 639.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 316.55 639.83 Td (October) Tj ET Q q 0 0 0 rg BT 344.47 639.83 Td ( 31, 2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 454.55 639.83 Td (October) Tj ET Q q 0 0 0 rg BT 482.47 639.83 Td ( 31, 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 618.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 289.25 626.83 Td (Retail) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.35 618.83 Td (Portfolio) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 327.90 626.83 Td (Wholesale) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.35 618.83 Td (Portfolio) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.75 618.83 Td (T) Tj ET Q q 0 0 0 rg BT 387.72 618.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.25 626.83 Td (Retail) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.35 618.83 Td (Portfolio) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 465.90 626.83 Td (Wholesale) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.35 618.83 Td (Portfolio) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.75 618.83 Td (T) Tj ET Q q 0 0 0 rg BT 525.35 618.83 Td (otal) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 604.06 Td (Current, and less than 30 days past due) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 194.50 603.86 Td (....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 281.50 604.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 302.15 604.28 Td (753) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.50 604.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 340.60 604.28 Td (1,365) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 373.50 604.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.60 604.28 Td (2,1) Tj ET Q q 0 0 0 rg BT 399.10 604.28 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.50 604.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 604.27 Td (655) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.50 604.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.60 604.27 Td (1,459) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.50 604.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.60 604.27 Td (2,1) Tj ET Q q 0 0 0 rg BT 537.10 604.27 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 589.27 Td (30-90 days past due) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.00 589.17 Td (.........................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 307.15 589.28 Td (76) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 358.15 589.28 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 399.15 589.28 Td (77) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 589.27 Td (51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 589.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.15 589.27 Td (52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 574.27 Td (Over 90 days past due) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.00 574.17 Td (.....................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 307.15 574.28 Td (25) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.15 574.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 399.15 574.28 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 574.27 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 574.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.15 574.27 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 559.27 Td (T) Tj ET Q q 0 0 0 rg BT 75.91 559.27 Td (otal finance receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.50 559.17 Td (..........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 281.50 559.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 302.15 559.28 Td (854) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.50 559.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 340.60 559.28 Td (1,366) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 373.50 559.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.60 559.28 Td (2,220) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.50 559.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 559.27 Td (720) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.50 559.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.60 559.27 Td (1,460) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.50 559.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.60 559.27 Td (2,180) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.50 555.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 537.10 Td (6. Inventories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 519.10 Td (The following table presents the components of ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 242.51 519.10 Td (Inventories ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.99 519.10 Td (in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 316.10 519.10 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.75 519.10 Td (:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 495.6 m 509 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 495.6 m 513 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 495.6 m 563 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 482.6 m 509 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 482.6 m 563 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 437.6 m 509 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 437.6 m 563 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 437.6 m 509 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 423.6 m 509 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 421.6 m 509 421.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 437.6 m 563 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 423.6 m 563 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 421.6 m 563 421.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.80 499.83 Td (As of October) Tj ET Q q 0 0 0 rg BT 528.27 499.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 486.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.50 486.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.50 486.83 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 472.27 Td (Finished products) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 472.17 Td (....................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.50 472.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.15 472.28 Td (640) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 472.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 472.27 Td (671) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 457.27 Td (W) Tj ET Q q 0 0 0 rg BT 61.54 457.27 Td (ork in process) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.00 457.17 Td (.......................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.15 457.28 Td (21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 457.27 Td (1) Tj ET Q q 0 0 0 rg BT 549.15 457.27 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 442.27 Td (Raw materials) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.50 442.17 Td (..........................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.15 442.28 Td (250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 442.27 Td (321) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 427.27 Td (T) Tj ET Q q 0 0 0 rg BT 75.91 427.27 Td (otal inventories, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.50 427.17 Td (........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.50 427.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.15 427.28 Td (91) Tj ET Q q 0 0 0 rg BT 500.15 427.28 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 427.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 427.27 Td (1,1) Tj ET Q q 0 0 0 rg BT 549.15 427.27 Td (10) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 399.10 Td (7.Pr) Tj ET Q q 0 0 0 rg BT 69.87 399.10 Td (operty and Equipment, Net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 382.60 Td (The following table presents the components of ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 242.51 382.60 Td (Pr) Tj ET Q q 0 0 0 rg BT 252.14 382.60 Td (operty and equipment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.56 382.60 Td ( in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 385.16 382.60 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.81 382.60 Td (: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 352.6 m 507.5 352.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 352.6 m 511.5 352.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 352.6 m 561.5 352.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 337.6 m 507.5 337.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 337.6 m 561.5 337.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 337.6 m 507.5 337.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 337.6 m 561.5 337.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 232.60000000000002 m 507.5 232.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 232.60000000000002 m 561.5 232.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 202.60000000000002 m 507.5 202.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 202.60000000000002 m 561.5 202.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 188.60000000000002 m 507.5 188.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 186.60000000000002 m 507.5 186.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 188.60000000000002 m 561.5 188.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 186.60000000000002 m 561.5 186.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 479.30 356.83 Td (As of October) Tj ET Q q 0 0 0 rg BT 526.77 356.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 341.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.00 341.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.00 341.83 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 327.27 Td (Land) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 327.17 Td (........................................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.00 327.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.65 327.28 Td (97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 327.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 327.27 Td (92) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 312.27 Td (Buildings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.50 312.17 Td (.................................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.65 312.28 Td (572) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 312.27 Td (554) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 297.27 Td (Leasehold improvements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 297.17 Td (........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.65 297.28 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 297.27 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 282.27 Td (Machinery and equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.00 282.17 Td (......................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.15 282.28 Td (2,031) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 282.27 Td (2,028) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 267.27 Td (Furniture, fixtures, and equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.00 267.17 Td (..........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.65 267.28 Td (471) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 267.27 Td (461) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 252.27 Td (Equipment leased to others) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.50 252.17 Td (.....................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.65 252.28 Td (562) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 252.27 Td (665) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 237.27 Td (Construction in progress) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.50 237.17 Td (.........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.65 237.28 Td (51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 237.27 Td (44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 222.27 Td (T) Tj ET Q q 0 0 0 rg BT 81.76 222.27 Td (otal property and equipment, at cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.50 222.17 Td (...........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.15 222.28 Td (3,797) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 222.27 Td (3,868) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 207.27 Td (Less: ) Tj ET Q q 0 0 0 rg BT 75.06 207.27 Td (Accumulated depreciation and amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.50 207.17 Td (.................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.15 207.28 Td (2,488) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 207.27 Td (2,498) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 192.27 Td (Property and equipment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.50 192.17 Td (.........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.00 192.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.15 192.28 Td (1,309) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 192.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 192.27 Td (1,370) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.10 Td (Certain of our property and equipment serve as collateral for borrowings. See Note 10, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 398.84 167.10 Td (Debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.27 167.10 Td (, for description of borrowings.) Tj ET Q endstream endobj 161 0 obj <> endobj 162 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (Equipment leased to others and assets under financing arrangements and capital lease obligations are as follows: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 687.6 m 508 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 687.6 m 512 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 687.6 m 562 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 672.6 m 508 672.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 672.6 m 562 672.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 672.6 m 508 672.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 672.6 m 562 672.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 642.6 m 508 642.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 628.6 m 508 628.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 626.6 m 508 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 642.6 m 562 642.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 628.6 m 562 628.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 626.6 m 562 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 582.6 m 562 582.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 582.6 m 508 582.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 568.6 m 508 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 566.6 m 508 566.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 582.6 m 562 582.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 568.6 m 562 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 566.6 m 562 566.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 479.80 691.83 Td (As of October) Tj ET Q q 0 0 0 rg BT 527.27 691.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 676.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.50 676.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.50 676.83 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 662.27 Td (Equipment leased to others) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 662.17 Td (.....................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.50 662.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 662.28 Td (562) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 662.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 662.27 Td (665) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 647.27 Td (Less: ) Tj ET Q q 0 0 0 rg BT 75.83 647.27 Td (Accumulated depreciation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.00 647.17 Td (.............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 647.28 Td (126) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 647.27 Td (177) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 632.27 Td (Equipment leased to others, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.50 632.17 Td (....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.50 632.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 632.28 Td (436) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 632.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 632.27 Td (488) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 602.27 Td (Buildings, machinery) Tj ET Q q 0 0 0 rg BT 138.27 602.27 Td (, and equipment under financing arrangements and capital lease obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.00 602.17 Td (.....) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.50 602.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 602.28 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 602.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 602.27 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 587.27 Td (Less: ) Tj ET Q q 0 0 0 rg BT 75.56 587.27 Td (Accumulated depreciation and amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.00 587.17 Td (.................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 587.28 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 587.27 Td (21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 572.27 Td (Assets under financing arrangements and capital lease obligations, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.50 572.17 Td (......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.50 572.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.15 572.28 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 572.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 572.27 Td (4) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 547.10 Td (For the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.58 547.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.29 547.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.29 547.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.29 547.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.23 547.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.23 547.10 Td (, depreciation expense, amortization expense related to assets under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 535.10 Td (financing arrangements and capital lease obligations, and interest capitalized on construction projects are as follows: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 505.1 m 453.5 505.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 505.1 m 457.5 505.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 505.1 m 507.5 505.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 505.1 m 511.5 505.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 505.1 m 561.5 505.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 490.1 m 453.5 490.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 490.1 m 507.5 490.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 490.1 m 561.5 490.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 490.1 m 453.5 490.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 490.1 m 507.5 490.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 490.1 m 561.5 490.1 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.05 509.33 Td (For) Tj ET Q q 0 0 0 rg BT 438.42 509.33 Td ( the ) Tj ET Q q 0 0 0 rg BT 452.86 509.33 Td (Y) Tj ET Q q 0 0 0 rg BT 458.04 509.33 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 525.97 509.33 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 494.33 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 420.00 494.33 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.00 494.33 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.00 494.33 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 479.77 Td (Depreciation expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.00 479.67 Td (........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.00 479.78 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.65 479.78 Td (129) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 479.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 479.77 Td (133) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 479.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 479.77 Td (138) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 464.77 Td (Depreciation of equipment leased to others) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.00 464.67 Td (......................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.65 464.78 Td (61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 464.77 Td (71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 464.77 Td (73) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 449.77 Td (Amortization expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.50 449.67 Td (.......................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.65 449.78 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 449.77 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 449.77 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 434.77 Td (Interest capitalized) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.00 434.67 Td (............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.65 434.78 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 434.77 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 434.77 Td (2) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 409.60 Td (Certain depreciation expense on buildings used for administrative purposes is recorded in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 409.96 409.60 Td (SG&A) Tj ET Q q 0 0 0 rg BT 435.89 409.60 Td ( expenses. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 388.60 Td (Capital Expenditures ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 372.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 372.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.71 372.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.71 372.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.71 372.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.65 372.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.65 372.10 Td (, commitments for capital expenditures were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.42 372.10 Td ($37 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.81 372.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.81 372.10 Td ($36 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.20 372.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.14 372.10 Td ($27 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.53 372.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 360.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 360.10 Td (. ) Tj ET Q q 0 0 0 rg BT 101.61 360.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.11 360.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.82 360.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.82 360.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.82 360.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.75 360.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.75 360.10 Td (, liabilities related to capital expenditures that are included in accounts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 348.10 Td (payable were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.02 348.10 Td ($46 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.41 348.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.41 348.10 Td ($50 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.81 348.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.74 348.10 Td ($48 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.14 348.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 323.80 348.10 Td (. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 331.60 Td (Leases ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 315.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 315.10 Td (e lease certain land, buildings, and equipment under non-cancelable operating leases and capital leases expiring at various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 303.10 Td (dates through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.16 303.10 Td (2030) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.16 303.10 Td (. Operating leases generally have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.10 303.10 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.10 303.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.88 303.10 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.88 303.10 Td (year terms, with one or more renewal options, with terms to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 291.10 Td (negotiated at the time of renewal. ) Tj ET Q q 0 0 0 rg BT 185.65 291.10 Td (V) Tj ET Q q 0 0 0 rg BT 191.77 291.10 Td (arious leases include provisions for rent escalation to recognize increased operating costs or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 279.10 Td (require us to pay certain maintenance and utility costs. Our rent expense for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.64 279.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.35 279.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.35 279.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.35 279.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.29 279.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.29 279.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 267.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.55 267.10 Td ($23 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.94 267.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.94 267.10 Td ($40 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.33 267.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.27 267.10 Td ($49 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.67 267.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 286.33 267.10 Td (. Rental income from subleases for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.92 267.10 Td (October 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 255.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 255.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.50 255.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.50 255.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.44 255.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.44 255.10 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.99 255.10 Td ($3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.38 255.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.38 255.10 Td ($5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.77 255.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.71 255.10 Td ($1) Tj ET Q q 0 0 0 rg BT 276.34 255.10 Td (1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.73 255.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 365.39 255.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 234.10 Td (Future minimum lease payments at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.53 234.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.23 234.10 Td (, for those leases having an initial or remaining non-cancelable lease term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 222.10 Td (in excess of one year and certain leases that are treated as finance lease obligations, are as follows: ) Tj ET Q endstream endobj 163 0 obj <> endobj 164 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (81) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 698.5 m 413.5 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 698.5 m 487.5 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 698.5 m 561.5 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 698.5 m 413.5 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 698.5 m 487.5 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 698.5 m 561.5 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 608.5 m 413.5 608.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 608.5 m 487.5 608.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 608.5 m 561.5 608.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 594.5 m 487.5 594.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 592.5 m 487.5 592.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 594.5 m 561.5 594.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 592.5 m 561.5 592.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 578.5 m 413.5 578.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 564.5 m 413.5 564.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 562.5 m 413.5 562.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 702.73 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 365.30 710.73 Td (Capital) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 347.40 702.73 Td (Lease Obligations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 434.40 710.73 Td (Operating) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.65 702.73 Td (Leases) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.25 702.73 Td (T) Tj ET Q q 0 0 0 rg BT 521.85 702.73 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 688.17 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 688.07 Td (...........................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.00 688.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.65 688.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.00 688.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 688.17 Td (37) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.00 688.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 688.17 Td (38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 673.17 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 673.07 Td (...........................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.65 673.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 673.17 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 673.17 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 658.17 Td (2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 658.07 Td (...........................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.65 658.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 658.17 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 658.17 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 643.17 Td (2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 643.07 Td (...........................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.65 643.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 643.17 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 643.17 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 628.17 Td (2024) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 628.07 Td (...........................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.65 628.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 628.17 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 628.17 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 613.17 Td (Thereafter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.00 613.07 Td (..................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.65 613.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 613.17 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 613.17 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 598.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.65 598.17 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.00 598.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 598.17 Td (149) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.00 598.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 598.17 Td (151) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 583.17 Td (Less: Interest portion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.50 583.07 Td (.................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.65 583.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 583.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.00 583.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 568.17 Td (T) Tj ET Q q 0 0 0 rg BT 75.41 568.17 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.50 568.07 Td (...................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.00 568.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.65 568.17 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.00 568.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.00 568.17 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 543.00 Td (Asset Retirement Obligations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 526.50 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 526.50 Td (e have a number of asset retirement obligations in connection with certain owned and leased locations, leasehold ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 514.50 Td (improvements, and sale and leaseback arrangements. Certain of our production facilities contain asbestos that would have to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 502.50 Td (removed if such facilities were to be demolished or under) Tj ET Q q 0 0 0 rg BT 279.52 502.50 Td (go a major renovation. ) Tj ET Q q 0 0 0 rg BT 372.37 502.50 Td (The fair value of the conditional asset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 490.50 Td (retirement obligations as of the balance sheet date has been determined to be immaterial. ) Tj ET Q q 0 0 0 rg BT 406.31 490.50 Td (Asset retirement obligations relating to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 478.50 Td (the cost of removing improvements to leased facilities or returning leased equipment at the end of the associated agreements are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 466.50 Td (not material. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 442.50 Td (8.Goodwill and Other) Tj ET Q q 0 0 0 rg BT 144.89 442.50 Td ( Intangible ) Tj ET Q q 0 0 0 rg BT 193.24 442.50 Td (Assets, Net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 424.50 Td (For our reporting units with goodwill or intangible assets not subject to amortization, we perform impairment tests on an annual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 412.50 Td (basis on ) Tj ET Q q 0 0 0 rg BT 83.95 412.50 Td (August 1, or more frequently if circumstances change or an event occurs that would more likely than not reduce the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 400.50 Td (fair value of a reporting unit below its carrying amount. ) Tj ET Q q 0 0 0 rg BT 274.16 400.50 Td (All of our goodwill is included in our Parts segment. ) Tj ET Q q 0 0 0 rg BT 486.64 400.50 Td (As part of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 388.50 Td (goodwill impairment analysis for this reporting unit in the current year) Tj ET Q q 0 0 0 rg BT 331.81 388.50 Td (, we performed a qualitative assessment. Our intangible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 376.50 Td (assets that are not subject to amortization includes a trademark in our Brazilian engine reporting unit within our Global ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 364.50 Td (Operations segment of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.53 364.50 Td ($17 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.92 364.50 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.36 364.50 Td ($18 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.75 364.50 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.91 364.50 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.62 364.50 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.06 364.50 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.06 364.50 Td (, respectively) Tj ET Q q 0 0 0 rg BT 440.72 364.50 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 346.50 Td (Information regarding our intangible assets that are subject to amortization is as follows: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 321 m 424 321 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 321 m 428 321 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 321 m 498 321 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 321 m 502 321 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 321 m 562 321 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 292 m 424 292 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 292 m 498 292 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 292 m 562 292 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 292 m 424 292 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 292 m 498 292 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 292 m 562 292 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 262 m 424 262 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 248 m 424 248 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 246 m 424 246 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 262 m 498 262 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 248 m 498 248 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 246 m 498 246 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 262 m 562 262 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 248 m 562 248 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 246 m 562 246 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.80 325.23 Td (As of October) Tj ET Q q 0 0 0 rg BT 466.27 325.23 Td ( 31, 2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 296.23 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.65 312.23 Td (Customer) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.05 304.23 Td (Base and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 365.35 296.23 Td (Relationships) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.95 312.23 Td (T) Tj ET Q q 0 0 0 rg BT 446.99 312.23 Td (rademarks,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.85 304.23 Td (Patents and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.85 296.23 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.25 296.23 Td (T) Tj ET Q q 0 0 0 rg BT 528.85 296.23 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 281.67 Td (Gross carrying value) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.00 281.57 Td (.....................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 356.50 281.68 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 410.15 281.68 Td (66) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.50 281.68 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.15 281.68 Td (84) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 504.50 281.68 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 543.15 281.68 Td (150) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 266.67 Td (Accumulated amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.50 266.57 Td (............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.80 266.73 Td (\(66) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.15 266.68 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 480.80 266.73 Td (\(76) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 266.68 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.80 266.73 Td (\(142) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.15 266.68 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 251.67 Td (Net of amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.50 251.57 Td (................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 356.50 251.68 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 410.15 251.68 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.50 251.68 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 251.68 Td (8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 504.50 251.68 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.15 251.68 Td (8) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 222 m 423.5 222 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 222 m 427.5 222 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 222 m 497.5 222 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 222 m 501.5 222 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 222 m 561.5 222 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 193 m 423.5 193 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 193 m 497.5 193 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 193 m 561.5 193 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 193 m 423.5 193 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 193 m 497.5 193 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 193 m 561.5 193 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 163 m 423.5 163 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 149 m 423.5 149 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 147 m 423.5 147 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 163 m 497.5 163 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 149 m 497.5 149 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 147 m 497.5 147 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 163 m 561.5 163 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 149 m 561.5 149 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 147 m 561.5 147 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.30 226.23 Td (As of October) Tj ET Q q 0 0 0 rg BT 465.77 226.23 Td ( 31, 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 197.23 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.15 213.23 Td (Customer) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 372.55 205.23 Td (Base and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.85 197.23 Td (Relationships) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.45 213.23 Td (T) Tj ET Q q 0 0 0 rg BT 446.49 213.23 Td (rademarks,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.35 205.23 Td (Patents and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.35 197.23 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.75 197.23 Td (T) Tj ET Q q 0 0 0 rg BT 528.35 197.23 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 182.67 Td (Gross carrying value) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.50 182.57 Td (.....................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 182.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.65 182.67 Td (68) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 182.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 182.67 Td (84) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 182.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 182.67 Td (152) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 167.67 Td (Accumulated amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.00 167.57 Td (............................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.30 167.72 Td (\(66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.65 167.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.30 167.72 Td (\(74) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 167.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 167.72 Td (\(140) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 167.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 152.67 Td (Net of amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.00 152.57 Td (................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 152.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.65 152.67 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 152.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 152.67 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 152.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 152.67 Td (12) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 124.50 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 124.50 Td (e recorded amortization expense for our finite-lived intangible assets of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.37 124.50 Td ($3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.76 124.50 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.76 124.50 Td ($7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.15 124.50 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.09 124.50 Td ($12 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.48 124.50 Td ( for the years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 112.50 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.88 112.50 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.58 112.50 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.58 112.50 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.58 112.50 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.52 112.50 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.52 112.50 Td (, respectively) Tj ET Q q 0 0 0 rg BT 265.18 112.50 Td (. Future estimated amortization expense for our finite-lived intangible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 100.50 Td (assets for the remaining years is as follows: ) Tj ET Q endstream endobj 165 0 obj <> endobj 166 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (82) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 698.5 m 561.5 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 698.5 m 561.5 698.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 702.73 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.65 710.73 Td (Estimated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 508.10 702.73 Td (Amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 688.17 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 688.07 Td (..........................................................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 688.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 688.17 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 673.17 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 673.07 Td (..........................................................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 673.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 658.17 Td (2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 658.07 Td (..........................................................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 658.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 643.17 Td (2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 643.07 Td (..........................................................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 643.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 628.17 Td (2024) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 628.07 Td (..........................................................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 628.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 613.17 Td (Thereafter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 613.07 Td (.................................................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 613.17 Td (2) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 585.00 Td (9.Investments in Non-consolidated ) Tj ET Q q 0 0 0 rg BT 200.91 585.00 Td (Affiliates) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 567.00 Td (Investments in non-consolidated affiliates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.42 567.00 Td ( is comprised of our interests in partially-owned af) Tj ET Q q 0 0 0 rg BT 418.41 567.00 Td (filiates of which our ownership ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 555.00 Td (percentages range from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.84 555.00 Td (30%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.17 555.00 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.95 555.00 Td (50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.28 555.00 Td (. ) Tj ET Q q 0 0 0 rg BT 200.10 555.00 Td (W) Tj ET Q q 0 0 0 rg BT 208.73 555.00 Td (e do not control these af) Tj ET Q q 0 0 0 rg BT 304.91 555.00 Td (filiates, but have the ability to exercise significant influence ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 543.00 Td (over their operating and financial policies. ) Tj ET Q q 0 0 0 rg BT 221.20 543.00 Td (W) Tj ET Q q 0 0 0 rg BT 229.84 543.00 Td (e account for them using the equity method of accounting. ) Tj ET Q q 0 0 0 rg BT 465.42 543.00 Td (W) Tj ET Q q 0 0 0 rg BT 474.06 543.00 Td (e made ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 543.00 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.15 543.00 Td ( new and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 531.00 Td (incremental investments in these non-consolidated af) Tj ET Q q 0 0 0 rg BT 261.76 531.00 Td (filiates for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.63 531.00 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.63 531.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.07 531.00 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.07 531.00 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 513.00 Td (The following table summarizes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.13 513.00 Td (100%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.46 513.00 Td ( of the combined assets, liabilities, and equity of our equity method af) Tj ET Q q 0 0 0 rg BT 483.66 513.00 Td (filiates as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 501.00 Td (October 31:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 469.5 m 507.5 469.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 469.5 m 511.5 469.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 469.5 m 561.5 469.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 469.5 m 507.5 469.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 454.5 m 507.5 454.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 469.5 m 561.5 469.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 454.5 m 561.5 454.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 409.5 m 507.5 409.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 395.5 m 507.5 395.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 393.5 m 507.5 393.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 409.5 m 561.5 409.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 395.5 m 561.5 395.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 393.5 m 561.5 393.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 349.5 m 507.5 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 349.5 m 561.5 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 289.5 m 507.5 289.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 289.5 m 561.5 289.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 274.5 m 507.5 274.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 260.5 m 507.5 260.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 258.5 m 507.5 258.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 274.5 m 561.5 274.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 260.5 m 561.5 260.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 258.5 m 561.5 258.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 488.30 473.73 Td (\(Unaudited\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 458.73 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.00 458.73 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.00 458.73 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 444.17 Td (Assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 429.17 Td (Current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.50 429.07 Td (...................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.00 429.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.65 429.18 Td (186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 429.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 429.17 Td (336) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 414.17 Td (Noncurrent assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.50 414.07 Td (.............................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.65 414.18 Td (128) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 414.17 Td (168) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.00 399.17 Td (T) Tj ET Q q 0 0 0 rg BT 93.76 399.17 Td (otal assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.50 399.07 Td (...............................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.00 399.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.65 399.18 Td (314) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 399.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 399.17 Td (504) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 384.17 Td (Liabilities and equity:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 369.17 Td (Current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.50 369.07 Td (.............................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.00 369.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.65 369.18 Td (96) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 369.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 369.17 Td (307) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 354.17 Td (Noncurrent liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.50 354.07 Td (.......................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.65 354.18 Td (93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 354.17 Td (38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 339.17 Td (T) Tj ET Q q 0 0 0 rg BT 75.76 339.17 Td (otal liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.50 339.07 Td (.................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.65 339.18 Td (189) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 339.17 Td (345) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 324.17 Td (Partners' capital and stockholders' equity:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 309.17 Td (NIC) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 309.07 Td (..................................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.65 309.18 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 309.17 Td (53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 294.17 Td (Third parties) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.50 294.07 Td (.....................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.65 294.18 Td (93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 294.17 Td (106) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 279.17 Td (T) Tj ET Q q 0 0 0 rg BT 75.41 279.17 Td (otal partners' capital and stockholders' equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.50 279.07 Td (...............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.65 279.18 Td (125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 279.17 Td (159) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.00 264.17 Td (T) Tj ET Q q 0 0 0 rg BT 93.41 264.17 Td (otal liabilities and equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.00 264.07 Td (........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.00 264.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.65 264.18 Td (314) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 264.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 264.17 Td (504) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 242.00 Td (The following table summarizes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.13 242.00 Td (100%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.46 242.00 Td ( of the combined results of operations of our equity method af) Tj ET Q q 0 0 0 rg BT 452.27 242.00 Td (filiates for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 230.00 Td (October 31: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 204.5 m 454 204.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 204.5 m 458 204.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 204.5 m 508 204.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 204.5 m 512 204.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 204.5 m 562 204.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 204.5 m 454 204.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 189.5 m 454 189.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 204.5 m 458 204.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 204.5 m 508 204.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 189.5 m 508 189.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 204.5 m 562 204.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 189.5 m 562 189.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 189.5 m 454 189.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 189.5 m 508 189.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 189.5 m 562 189.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 159.5 m 454 159.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 145.5 m 454 145.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 143.5 m 454 143.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 159.5 m 508 159.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 145.5 m 508 145.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 143.5 m 508 143.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 159.5 m 562 159.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 145.5 m 562 145.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 143.5 m 562 143.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 461.80 208.73 Td (\(Unaudited\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 193.73 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 420.50 193.73 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.50 193.73 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.50 193.73 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 179.17 Td (Net sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.50 179.07 Td (............................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.50 179.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.15 179.18 Td (391) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 179.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 179.17 Td (505) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 179.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 179.17 Td (497) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 164.17 Td (Costs, expenses, and income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.00 164.07 Td (.........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.15 164.18 Td (385) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 164.17 Td (507) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 164.17 Td (488) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 149.17 Td (Net income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.00 149.07 Td (.......................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.50 149.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.15 149.18 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 149.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.80 149.22 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 149.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 149.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 149.17 Td (9) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 127.00 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 127.00 Td (e recorded sales to certain of these af) Tj ET Q q 0 0 0 rg BT 205.94 127.00 Td (filiates totaling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.70 127.00 Td ($61 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.09 127.00 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.09 127.00 Td ($4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.48 127.00 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.42 127.00 Td ($5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.81 127.00 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.59 127.00 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.59 127.00 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.59 127.00 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.59 127.00 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.53 127.00 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.53 127.00 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 115.00 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 115.00 Td (. ) Tj ET Q q 0 0 0 rg BT 101.98 115.00 Td (W) Tj ET Q q 0 0 0 rg BT 110.62 115.00 Td (e also purchased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.20 115.00 Td ($123 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.59 115.00 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.59 115.00 Td ($166 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.99 115.00 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.92 115.00 Td ($156 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.32 115.00 Td ( of products and services from certain of these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 103.00 Td (af) Tj ET Q q 0 0 0 rg BT 57.09 103.00 Td (filiates in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.08 103.00 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.08 103.00 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.08 103.00 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.08 103.00 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.02 103.00 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.02 103.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 236.68 103.00 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 85.00 Td (Amounts due to and due from our af) Tj ET Q q 0 0 0 rg BT 195.12 85.00 Td (filiates arising from the sale and purchase of products and services as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.30 85.00 Td (October 31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.01 85.00 Td ( are as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 73.00 Td (follows: ) Tj ET Q endstream endobj 167 0 obj <> endobj 168 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (83) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 704.5 m 508 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 704.5 m 562 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 704.5 m 508 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 704.5 m 562 704.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 708.73 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.50 708.73 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.50 708.73 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 694.17 Td (Receivables due from af) Tj ET Q q 0 0 0 rg BT 149.87 694.17 Td (filiates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.00 694.07 Td (...............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.50 694.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 694.18 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 694.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 694.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 679.17 Td (Payables due to af) Tj ET Q q 0 0 0 rg BT 125.35 679.17 Td (filiates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.50 679.07 Td (........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 679.18 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 679.17 Td (22) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 654.00 Td (10.Debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 633.00 Td (The following tables present the components of ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 242.51 633.00 Td (Notes payable and curr) Tj ET Q q 0 0 0 rg BT 336.29 633.00 Td (ent maturities of long-term debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.00 633.00 Td (and ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 482.94 633.00 Td (Long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.88 633.00 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 621.00 Td (our) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 62.83 621.00 Td ( Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.98 621.00 Td (:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 597.5 m 508 597.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 597.5 m 512 597.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 597.5 m 562 597.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 584.5 m 508 584.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 584.5 m 562 584.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 441.5 m 508 441.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 441.5 m 562 441.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 441.5 m 562 441.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 411.5 m 508 411.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 397.5 m 508 397.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 395.5 m 508 395.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 411.5 m 562 411.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 397.5 m 562 397.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 395.5 m 562 395.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 479.80 601.73 Td (As of October) Tj ET Q q 0 0 0 rg BT 527.27 601.73 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 51.50 588.73 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.50 588.73 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.50 588.73 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 575.23 Td (Manufacturing operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 560.17 Td (Senior Secured ) Tj ET Q q 0 0 0 rg BT 132.73 560.17 Td (T) Tj ET Q q 0 0 0 rg BT 138.39 560.17 Td (erm Loan Credit ) Tj ET Q q 0 0 0 rg BT 206.36 560.17 Td (Agreement, due 2025, net of unamortized discount of $6 and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 550.17 Td ($7, respectively) Tj ET Q q 0 0 0 rg BT 132.49 550.17 Td (, and unamortized debt issuance costs of $10 and $1) Tj ET Q q 0 0 0 rg BT 340.26 550.17 Td (1, respectively) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.50 550.07 Td (......................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.50 550.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.65 550.18 Td (1,556) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 550.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 550.17 Td (1,570) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 536.07 Td (6.625% Senior Notes, due 2026, net of unamortized debt issuance costs of $15 and $17,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 526.07 Td (respectively) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.50 526.07 Td (......................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.65 526.18 Td (1,085) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 526.17 Td (1,083) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 511.17 Td (4.75% Senior Subordinated Convertible Notes, due 2019, net of unamortized discount of $5 and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 501.17 Td (unamortized debt issuance costs of $1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.00 501.07 Td (.............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 501.18 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 501.17 Td (405) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 486.17 Td (Loan ) Tj ET Q q 0 0 0 rg BT 92.27 486.17 Td (Agreement related to 6.75% ) Tj ET Q q 0 0 0 rg BT 207.14 486.17 Td (T) Tj ET Q q 0 0 0 rg BT 212.81 486.17 Td (ax Exempt Bonds, due 2040, net of unamortized debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 476.17 Td (issuance costs of $5 at both dates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.50 476.07 Td (....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 476.18 Td (220) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 476.17 Td (220) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 461.17 Td (Financed lease obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.00 461.07 Td (...............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 461.18 Td (60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 461.17 Td (122) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 446.17 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.50 446.07 Td (................................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 446.18 Td (1) Tj ET Q q 0 0 0 rg BT 499.15 446.18 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 446.17 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 431.17 Td (T) Tj ET Q q 0 0 0 rg BT 93.26 431.17 Td (otal Manufacturing operations debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.50 431.07 Td (........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.65 431.18 Td (2,932) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 431.17 Td (3,426) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 416.17 Td (Less: Current portion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.00 416.07 Td (.......................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 416.18 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 416.17 Td (461) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 401.17 Td (Net long-term Manufacturing operations debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.00 401.07 Td (.........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.50 401.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.65 401.18 Td (2,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 401.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 401.17 Td (2,965) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457 373.5 m 507 373.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 373.5 m 512 373.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 373.5 m 562 373.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457 360.5 m 507 360.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 360.5 m 562 360.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457 241.5 m 507 241.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 241.5 m 562 241.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457 211.5 m 507 211.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457 197.5 m 507 197.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457 195.5 m 507 195.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 211.5 m 562 211.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 197.5 m 562 197.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 195.5 m 562 195.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 479.30 377.73 Td (As of October) Tj ET Q q 0 0 0 rg BT 526.77 377.73 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 51.50 364.73 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.50 364.73 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.50 364.73 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 351.23 Td (Financial Services operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 336.17 Td (Asset-backed debt issued by consolidated SPEs, at fixed and variable rates, due serially through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 326.17 Td (2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.50 326.17 Td (, net of unamortized debt issuance costs of $4 at both dates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 326.07 Td (...................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.50 326.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.15 326.18 Td (991) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 326.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 326.17 Td (948) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 311.17 Td (Senior secured NFC ) Tj ET Q q 0 0 0 rg BT 153.01 311.17 Td (T) Tj ET Q q 0 0 0 rg BT 158.68 311.17 Td (erm Loan, due 2025, net of unamortized discount of $2 and unamortized) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 301.17 Td (debt issuance costs of $4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.00 301.07 Td (.................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.15 301.18 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 301.17 Td (394) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 286.17 Td (Bank credit facilities, at fixed and variable rates, due dates from 2020 through 2025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.11 286.17 Td (, net of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 276.17 Td (unamortized debt issuance costs of $1 and $2, respectively) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.00 276.07 Td (...........................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 480.65 276.18 Td (1,059) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 276.17 Td (519) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 261.17 Td (Commercial paper) Tj ET Q q 0 0 0 rg BT 143.24 261.17 Td (, at variable rates, program matures in 2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.50 261.07 Td (......................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.15 261.18 Td (84) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 261.17 Td (75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 246.17 Td (Borrowings secured by operating and finance leases, at various rates, due serially through 2024) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 246.07 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.15 246.18 Td (122) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 246.17 Td (105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 231.17 Td (T) Tj ET Q q 0 0 0 rg BT 93.26 231.17 Td (otal Financial Services operations debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.50 231.07 Td (..................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 480.65 231.18 Td (2,256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 231.17 Td (2,041) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 216.17 Td (Less: Current portion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.00 216.07 Td (.......................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.15 216.18 Td (839) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 216.17 Td (485) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 201.17 Td (Net long-term Financial Services operations debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 201.07 Td (...................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.50 201.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 480.65 201.18 Td (1,417) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 201.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 201.17 Td (1,556) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 179.00 Td (Manufacturing Operations) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 161.00 Td (Senior Secur) Tj ET Q q 0 0 0 rg BT 100.51 161.00 Td (ed T) Tj ET Q q 0 0 0 rg BT 117.09 161.00 Td (erm Loan Cr) Tj ET Q q 0 0 0 rg BT 168.39 161.00 Td (edit ) Tj ET Q q 0 0 0 rg BT 185.71 161.00 Td (Agr) Tj ET Q q 0 0 0 rg BT 200.33 161.00 Td (eement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 143.00 Td (On November6, 2017, we signed a definitive credit agreement relating to a seven-year senior secured term loan credit facility ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 131.00 Td (in an aggregate principal amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.45 131.00 Td ($1.6 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.56 131.00 Td ( \(T) Tj ET Q q 0 0 0 rg BT 256.24 131.00 Td (erm Loan Credit ) Tj ET Q q 0 0 0 rg BT 324.28 131.00 Td (Agreement\), guaranteed by Navistar International ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 119.00 Td (Corporation and twelve of its subsidiaries. Under the terms of the ) Tj ET Q q 0 0 0 rg BT 313.70 119.00 Td (T) Tj ET Q q 0 0 0 rg BT 319.11 119.00 Td (erm Loan Credit ) Tj ET Q q 0 0 0 rg BT 387.15 119.00 Td (Agreement, the interest rate on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 107.00 Td (outstanding loan is based, at our option, on an adjusted Eurodollar Rate, plus a mar) Tj ET Q q 0 0 0 rg BT 381.75 107.00 Td (gin of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.86 107.00 Td (3.50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.69 107.00 Td (, or a Base Rate, plus a mar) Tj ET Q q 0 0 0 rg BT 543.20 107.00 Td (gin ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 95.00 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 95.00 Td (2.50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.16 95.00 Td (. ) Tj ET Q q 0 0 0 rg BT 90.98 95.00 Td (The ) Tj ET Q q 0 0 0 rg BT 108.85 95.00 Td (T) Tj ET Q q 0 0 0 rg BT 114.26 95.00 Td (erm Loan Credit ) Tj ET Q q 0 0 0 rg BT 182.29 95.00 Td (Agreement requires quarterly amortization payments of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.21 95.00 Td ($4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.60 95.00 Td ( with the balance due at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 83.00 Td (maturity on November 6, 2024. ) Tj ET Q q 0 0 0 rg BT 177.54 83.00 Td (A) Tj ET Q q 0 0 0 rg BT 184.21 83.00 Td ( portion of the proceeds from the ) Tj ET Q q 0 0 0 rg BT 318.15 83.00 Td (T) Tj ET Q q 0 0 0 rg BT 323.56 83.00 Td (erm Loan Credit ) Tj ET Q q 0 0 0 rg BT 391.60 83.00 Td (Agreement was used to repay all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.00 Td (outstanding loans under our previously existing Senior Secured ) Tj ET Q q 0 0 0 rg BT 305.39 71.00 Td (T) Tj ET Q q 0 0 0 rg BT 310.80 71.00 Td (erm Loan Credit Facility \("T) Tj ET Q q 0 0 0 rg BT 425.26 71.00 Td (erm Loan"\), to redeem a portion ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 59.00 Td (of the previously outstanding 8.25% senior notes \("8.25% Senior Notes"\) and to pay accrued and unpaid interest thereon, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 47.00 Td (pay certain transaction fees and expenses incurred in connection with the new ) Tj ET Q q 0 0 0 rg BT 363.09 47.00 Td (T) Tj ET Q q 0 0 0 rg BT 368.50 47.00 Td (erm Loan Credit ) Tj ET Q q 0 0 0 rg BT 436.54 47.00 Td (Agreement. ) Tj ET Q q 0 0 0 rg BT 485.78 47.00 Td (The remainder of ) Tj ET Q endstream endobj 169 0 obj <> endobj 170 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (84) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (the proceeds of the ) Tj ET Q q 0 0 0 rg BT 127.62 713.10 Td (T) Tj ET Q q 0 0 0 rg BT 133.03 713.10 Td (erm Loan Credit ) Tj ET Q q 0 0 0 rg BT 201.07 713.10 Td (Agreement will be used for ongoing working capital purposes and general corporate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (purposes. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.10 Td (Upon the repayment of the ) Tj ET Q q 0 0 0 rg BT 159.01 683.10 Td (T) Tj ET Q q 0 0 0 rg BT 164.42 683.10 Td (erm Loan in the first quarter of 2018, we recorded approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.65 683.10 Td ($16 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 683.10 Td ( of char) Tj ET Q q 0 0 0 rg BT 504.40 683.10 Td (ges related to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (the extinguishment of unamortized debt issuance costs associated with the ) Tj ET Q q 0 0 0 rg BT 348.69 671.10 Td (T) Tj ET Q q 0 0 0 rg BT 354.10 671.10 Td (erm Loan, included in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 444.91 671.10 Td (Other expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.60 671.10 Td ( on our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 659.10 Td (Consolidated Statements of Operations.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (6.625% Senior Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.10 Td (On November 6, 2017, we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.59 623.10 Td ($1.1 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.70 623.10 Td ( in aggregate principal amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.21 623.10 Td (6.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.04 623.10 Td ( senior notes, due 2026 \(") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.44 623.10 Td (6.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.27 623.10 Td ( Senior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.10 Td (Notes"\). Interest is payable on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.71 611.10 Td (6.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.54 611.10 Td ( Senior Notes on May1 and November1 of each year beginning on May1, 2018 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.10 Td (until the maturity date of November1, 2025. ) Tj ET Q q 0 0 0 rg BT 230.95 599.10 Td (The proceeds from the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.68 599.10 Td (6.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.51 599.10 Td ( Senior Notes of) Tj ET Q q 0 0 0 rg BT 419.60 599.10 Td (fering were used to redeem a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (portion of our previously existing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.43 587.10 Td (8.25%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.26 587.10 Td ( Senior Notes, to pay accrued and unpaid interest thereon, and pay the associated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (prepayment premiums, certain transaction fees and expenses incurred in connection with the new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.03 575.10 Td (6.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.86 575.10 Td ( Senior Notes. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.10 Td (Upon the redemption of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.53 557.10 Td (8.25%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.36 557.10 Td ( Senior Notes balance of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.16 557.10 Td ($1.45 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.27 557.10 Td ( in the first quarter of 2018, we recorded approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.10 Td ($30 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.89 545.10 Td ( of char) Tj ET Q q 0 0 0 rg BT 126.25 545.10 Td (ges related to the extinguishment of unamortized debt issuance costs and tender premiums associated with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.22 533.10 Td (8.25%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.05 533.10 Td ( Senior Notes, included in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 196.70 533.10 Td (Other expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.39 533.10 Td ( on our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 302.22 533.10 Td (Consolidated Statements of Operations.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 515.10 Td (4.75% Senior Subor) Tj ET Q q 0 0 0 rg BT 129.96 515.10 Td (dinated Convertible Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (During the second quarter of2014, we completed the private sale of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.13 497.10 Td ($41) Tj ET Q q 0 0 0 rg BT 338.76 497.10 Td (1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 497.10 Td ( of convertible notes \("2019 Convertible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.10 Td (Notes"\), including a portion of the underwriter's over) Tj ET Q q 0 0 0 rg BT 261.79 485.10 Td (-allotment option. ) Tj ET Q q 0 0 0 rg BT 335.77 485.10 Td (W) Tj ET Q q 0 0 0 rg BT 344.41 485.10 Td (e received proceeds of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.58 485.10 Td ($402 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.97 485.10 Td (, net of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.51 485.10 Td ($9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.91 485.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 473.10 Td (of issuance costs. ) Tj ET Q q 0 0 0 rg BT 121.53 473.10 Td (The 2019 Convertible Notes were senior subordinated unsecured obligations of the Company) Tj ET Q q 0 0 0 rg BT 494.40 473.10 Td (. ) Tj ET Q q 0 0 0 rg BT 499.22 473.10 Td (The 2019 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.10 Td (Convertible Notes were fully repaid upon maturity in ) Tj ET Q q 0 0 0 rg BT 264.45 461.10 Td (April 2019, and none were converted into our common stock.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 443.10 Td (Loan ) Tj ET Q q 0 0 0 rg BT 72.38 443.10 Td (Agr) Tj ET Q q 0 0 0 rg BT 87.01 443.10 Td (eement r) Tj ET Q q 0 0 0 rg BT 121.35 443.10 Td (elated to the T) Tj ET Q q 0 0 0 rg BT 177.92 443.10 Td (ax Exempt Bonds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (In October 2010, we benefited from the issuance of certain tax-exempt bond financings, of which: \(i\)the Illinois Finance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (Authority issued and sold ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.50 413.10 Td ($135 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.89 413.10 Td ( aggregate principal amount of Recovery Zone Facility Revenue Bonds due October15, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (2040, and \(ii\)) Tj ET Q q 0 0 0 rg BT 105.97 401.10 Td (The County of Cook,Illinois issued and sold ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.91 401.10 Td ($90 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.30 401.10 Td ( aggregate principal amount of Recovery Zone Facility ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (Revenue Bonds also due October15, 2040 \(collectively the "T) Tj ET Q q 0 0 0 rg BT 299.49 389.10 Td (ax Exempt Bonds"\). ) Tj ET Q q 0 0 0 rg BT 382.82 389.10 Td (The ) Tj ET Q q 0 0 0 rg BT 400.69 389.10 Td (T) Tj ET Q q 0 0 0 rg BT 406.10 389.10 Td (ax Exempt Bonds were issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.10 Td (pursuant to separate, but substantially identical,indentures of trust dated as of October1, 2010. ) Tj ET Q q 0 0 0 rg BT 432.83 377.10 Td (The proceeds of the ) Tj ET Q q 0 0 0 rg BT 514.29 377.10 Td (T) Tj ET Q q 0 0 0 rg BT 519.70 377.10 Td (ax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.10 Td (Exempt Bonds were loaned by each issuer to the Company pursuant to separate, but substantially identical, loan agreements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 353.10 Td (dated as of October1, 2010. ) Tj ET Q q 0 0 0 rg BT 164.84 353.10 Td (The proceeds from the issuance of the ) Tj ET Q q 0 0 0 rg BT 319.32 353.10 Td (T) Tj ET Q q 0 0 0 rg BT 324.73 353.10 Td (ax Exempt Bonds were restricted for capital expenditures ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 341.10 Td (related to financing the relocation of our headquarters, the expansion of an existing warehouse facility) Tj ET Q q 0 0 0 rg BT 457.31 341.10 Td (, and the development of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 329.10 Td (certain industrial and testing facilities, together with related improvements and equipment. ) Tj ET Q q 0 0 0 rg BT 413.93 329.10 Td (The payment of principal and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 317.10 Td (interest on the ) Tj ET Q q 0 0 0 rg BT 108.47 317.10 Td (T) Tj ET Q q 0 0 0 rg BT 113.88 317.10 Td (ax Exempt Bonds is guaranteed under separate, but substantially identical, bond guarantees issued by NI. ) Tj ET Q q 0 0 0 rg BT 536.92 317.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.10 Td (T) Tj ET Q q 0 0 0 rg BT 54.91 305.10 Td (ax Exempt Bonds are special, limited obligations of each issuer) Tj ET Q q 0 0 0 rg BT 308.33 305.10 Td (, payable out of the revenues and income derived under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 293.10 Td (related loan agreements and related guarantees.) Tj ET Q q 0 0 0 rg BT 241.17 293.10 Td (The ) Tj ET Q q 0 0 0 rg BT 259.03 293.10 Td (T) Tj ET Q q 0 0 0 rg BT 264.44 293.10 Td (ax Exempt Bonds bear interest at the fixed rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.48 293.10 Td (6.50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.31 293.10 Td (per annum, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 281.10 Td (payable each ) Tj ET Q q 0 0 0 rg BT 103.36 281.10 Td (April15 and October15, commencing ) Tj ET Q q 0 0 0 rg BT 259.71 281.10 Td (April15, 201) Tj ET Q q 0 0 0 rg BT 312.95 281.10 Td (1. Beginning on October15, 2020, the ) Tj ET Q q 0 0 0 rg BT 468.86 281.10 Td (T) Tj ET Q q 0 0 0 rg BT 474.27 281.10 Td (ax Exempt Bonds are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.10 Td (subject to optional redemption at the direction of the Company) Tj ET Q q 0 0 0 rg BT 300.18 269.10 Td (, in whole or in part, at the redemption price equal to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.45 269.10 Td (100%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.78 269.10 Td ( of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.10 Td (principal amount thereof, plus accrued interest, if any) Tj ET Q q 0 0 0 rg BT 262.94 257.10 Td (, to the redemption date. In November 2010, we finalized the purchase of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.10 Td (the property and buildings that we developed into our new world headquarters site. ) Tj ET Q q 0 0 0 rg BT 383.30 245.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.75 245.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.45 245.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.45 245.10 Td (none) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.89 245.10 Td ( of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.94 245.10 Td ($225 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 233.10 Td ( remains to be reimbursed under the ) Tj ET Q q 0 0 0 rg BT 224.55 233.10 Td (T) Tj ET Q q 0 0 0 rg BT 229.96 233.10 Td (ax Exempt Bonds.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 215.10 Td (On November 6, 2017, we entered into the First ) Tj ET Q q 0 0 0 rg BT 243.07 215.10 Td (Amendment to Loan ) Tj ET Q q 0 0 0 rg BT 327.78 215.10 Td (Agreement with ) Tj ET Q q 0 0 0 rg BT 394.80 215.10 Td (The County of Cook, Illinois andthe ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.10 Td (First ) Tj ET Q q 0 0 0 rg BT 69.79 203.10 Td (Amendment to Loan ) Tj ET Q q 0 0 0 rg BT 154.50 203.10 Td (Agreement with the Illinois Finance ) Tj ET Q q 0 0 0 rg BT 300.85 203.10 Td (Authority \(T) Tj ET Q q 0 0 0 rg BT 355.42 203.10 Td (ax Exempt Bond ) Tj ET Q q 0 0 0 rg BT 424.58 203.10 Td (Amendments\) to adjust various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.10 Td (covenants included in the loan agreements relating to the ) Tj ET Q q 0 0 0 rg BT 279.52 191.10 Td (T) Tj ET Q q 0 0 0 rg BT 284.93 191.10 Td (ax Exempt Bonds, including to permit the Company to incur secured ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.10 Td (debt up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.00 179.10 Td ($1.7 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.11 179.10 Td (, in exchange for a coupon increase from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.87 179.10 Td (6.50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.70 179.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.48 179.10 Td (6.75%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.31 179.10 Td ( and the grant of a junior priority lien on certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.10 Td (collateral securing the Company) Tj ET Q q 0 0 0 rg BT 181.96 167.10 Td (s ) Tj ET Q q 0 0 0 rg BT 188.17 167.10 Td (T) Tj ET Q q 0 0 0 rg BT 193.58 167.10 Td (erm Loan Credit ) Tj ET Q q 0 0 0 rg BT 261.61 167.10 Td (Agreement.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 149.10 Td (Financed Lease Obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 131.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 131.10 Td (e have accounted for as borrowings certain third-party equipment financings by BMO \(as defined in Note 14\), our preferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 119.10 Td (source of retail customer financing for equipment of) Tj ET Q q 0 0 0 rg BT 258.41 119.10 Td (fered by us and our dealers in the U.S. ) Tj ET Q q 0 0 0 rg BT 414.02 119.10 Td (The initial transactions do not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 107.10 Td (qualify for revenue recognition as we retain control in the leased property) Tj ET Q q 0 0 0 rg BT 343.46 107.10 Td (. ) Tj ET Q q 0 0 0 rg BT 347.91 107.10 Td (As a result, the proceeds from the transfer are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 95.10 Td (recorded as an obligation and amortized to revenue over the term of the financing. ) Tj ET Q q 0 0 0 rg BT 380.58 95.10 Td (The remaining obligation will be amortized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 83.10 Td (through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.11 83.10 Td (2024) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.11 83.10 Td (, with interest rates ranging from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.68 83.10 Td (3.77%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.51 83.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.29 83.10 Td (5.91%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.12 83.10 Td (.) Tj ET Q endstream endobj 171 0 obj <> endobj 172 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (85) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (Amended and Restated ) Tj ET Q q 0 0 0 rg BT 143.46 713.10 Td (Asset-Based Cr) Tj ET Q q 0 0 0 rg BT 205.03 713.10 Td (edit Facility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.10 Td (In ) Tj ET Q q 0 0 0 rg BT 59.78 695.10 Td (August 2017, we amended and extended our asset-based credit facility \("Amended and Restated ) Tj ET Q q 0 0 0 rg BT 446.52 695.10 Td (Asset-Based Credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.10 Td (Facility"\) which was previously due in May 2018. ) Tj ET Q q 0 0 0 rg BT 252.54 683.10 Td (The 2017 amendment extended the maturity date to ) Tj ET Q q 0 0 0 rg BT 460.81 683.10 Td (August 2022 and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (reduced the revolving facility from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.95 671.10 Td ($175 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.34 671.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.12 671.10 Td ($125 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.51 671.10 Td (. ) Tj ET Q q 0 0 0 rg BT 312.33 671.10 Td (The borrowing base of the facility is secured by a first priority ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.10 Td (security interest in certain of NI's aftermarket parts inventory locations and contains customary covenants, representations and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.10 Td (warranties. Our borrowing capacity under the amended facility is subject to a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.78 647.10 Td ($13 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.17 647.10 Td ( liquidity block and is impacted by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 635.10 Td (outstanding standby letters of credit issued under this facility and the amount of eligible inventory) Tj ET Q q 0 0 0 rg BT 440.98 635.10 Td (. Borrowings under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.10 Td (Amended and Restated ) Tj ET Q q 0 0 0 rg BT 144.20 623.10 Td (Asset-Based Credit Facility accrue interest at a rate equal to a base rate or an adjusted LIBOR rate plus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.10 Td (a spread. ) Tj ET Q q 0 0 0 rg BT 87.36 611.10 Td (The spread is 175 basis points for Base Rate borrowings and 275 basis points for LIBOR borrowings) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.4392156862745098 0.7529411764705882 rg BT 491.19 611.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 495.64 611.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.09 611.10 Td (October ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.10 Td (31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.50 599.10 Td (, we had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.60 599.10 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.60 599.10 Td ( borrowings but did have availability to borrow under the ) Tj ET Q q 0 0 0 rg BT 361.66 599.10 Td (Amended and Restated ) Tj ET Q q 0 0 0 rg BT 456.36 599.10 Td (Asset-Based Credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (Facility) Tj ET Q q 0 0 0 rg BT 79.40 587.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (Financial Services Operations) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (Asset-backed Debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.10 Td (In May 2017, the maturity date of the variable funding notes \("VFN"\) facility was extended to May 2018, and the maximum ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (capacity was reduced from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.45 521.10 Td ($450 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.84 521.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.62 521.10 Td ($425 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.01 521.10 Td (. In December 2017, the maturity date of our ) Tj ET Q q 0 0 0 rg BT 456.16 521.10 Td (VFN facility was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.10 Td (extended from May 2018 to December 2018, and the maximum capacity was reduced from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.88 509.10 Td ($425 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.27 509.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.05 509.10 Td ($350 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.44 509.10 Td (. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (November 2018, the maturity of the ) Tj ET Q q 0 0 0 rg BT 195.67 497.10 Td (VFN facility was extended from December 2018 to May 2020. In ) Tj ET Q q 0 0 0 rg BT 460.05 497.10 Td (April 2019, the ) Tj ET Q q 0 0 0 rg BT 523.20 497.10 Td (VFN ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.10 Td (facility capacity was temporarily increased from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.53 485.10 Td ($350 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.92 485.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.70 485.10 Td ($550 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.09 485.10 Td ( until the earlier of June 28, 2019, or the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 473.10 Td (completion of a qualifying wholesale asset-backed term facility) Tj ET Q q 0 0 0 rg BT 302.93 473.10 Td (. In June 2019, the capacity decreased from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.97 473.10 Td ($550 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.36 473.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.10 Td ($350 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.89 461.10 Td (, upon the sale of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.99 461.10 Td ($300 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.38 461.10 Td ( of two-year investor notes by Navistar Financial Securities Corporation \("NFSC"\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.10 Td (Proceeds were used, in part, to replace the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.54 449.10 Td ($250 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.93 449.10 Td ( of investor notes that matured in June 2019. ) Tj ET Q q 0 0 0 rg BT 454.77 449.10 Td (The ) Tj ET Q q 0 0 0 rg BT 472.64 449.10 Td (VFN facility and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.10 Td (investor notes are secured by assets of the wholesale note owner trust.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 419.10 Td (In June 2017, NFSC issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.17 419.10 Td ($250 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.57 419.10 Td ( of two-year investor notes secured by assets of the wholesale note owner trust. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.10 Td (Proceeds were used, in part, to replace the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.54 407.10 Td ($250 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.93 407.10 Td ( of investor notes that matured in June 2017.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (In September 2018, NFSC issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.61 389.10 Td ($300 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 389.10 Td ( of two-year investor notes secured by assets of the wholesale note owner trust. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.10 Td (Proceeds were used, in part, to replace the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.54 377.10 Td ($300 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.93 377.10 Td ( of investor notes that matured in September 2018.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.10 Td (Our Mexican financial services af) Tj ET Q q 0 0 0 rg BT 184.81 359.10 Td (filiate, Navistar Financial, S.A. de C.V) Tj ET Q q 0 0 0 rg BT 339.05 359.10 Td (., Sociedad Financiera de Objeto Multiple, Entidad ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.10 Td (Regulada \("NFM"\), issues secured notes, denominated in Mexican pesos, which are secured by retail finance receivables. ) Tj ET Q q 0 0 0 rg BT 537.87 347.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 335.10 Td (aggregate balance of these notes was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.43 335.10 Td ($13 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.82 335.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.26 335.10 Td ($31 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.65 335.10 Td (, net of issuance costs, at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.29 335.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.00 335.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.94 335.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.94 335.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 323.10 Td (. ) Tj ET Q q 0 0 0 rg BT 101.98 323.10 Td (These notes mature at various dates through March 2023.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.10 Td (In January 2018, ) Tj ET Q q 0 0 0 rg BT 118.75 305.10 Td (T) Tj ET Q q 0 0 0 rg BT 124.50 305.10 Td (ruck Retail ) Tj ET Q q 0 0 0 rg BT 170.60 305.10 Td (Accounts Corporation \("TRAC"\), a special purpose, wholly-owned subsidiary of NFC, extended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 293.10 Td (its one-year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.92 293.10 Td ($100 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.32 293.10 Td ( revolving facility from ) Tj ET Q q 0 0 0 rg BT 245.85 293.10 Td (April 2018 to January 2019, and in December 2018, the maturity was further ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 281.10 Td (extended to January 2020. In ) Tj ET Q q 0 0 0 rg BT 167.25 281.10 Td (April 2019, the maximum capacity of the ) Tj ET Q q 0 0 0 rg BT 334.80 281.10 Td (TRAC funding facility was increased from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.65 281.10 Td ($100 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.04 281.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.78 269.10 Td ($150 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.17 269.10 Td (, and further increased to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.35 269.10 Td ($200 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.74 269.10 Td ( in October 2019. Borrowings under this facility are secured by eligible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.10 Td (retail accounts receivable.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 239.10 Td (The majority of the above asset-backed debt is issued by consolidated SPEs and is payable out of collections on the finance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 227.10 Td (receivables sold to the SPEs. ) Tj ET Q q 0 0 0 rg BT 167.08 227.10 Td (This debt is the legal obligation of the SPEs and not NFC or NFM. ) Tj ET Q q 0 0 0 rg BT 436.24 227.10 Td (Assets used as collateral ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 215.10 Td (include finance receivables, restricted cash and other assets. ) Tj ET Q q 0 0 0 rg BT 291.43 215.10 Td (The carrying amount of the assets used as collateral for asset-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.10 Td (backed debt were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.96 203.10 Td ($1.3 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.07 203.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.51 203.10 Td ($1.4 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.63 203.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.84 203.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.55 203.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.99 203.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.99 203.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 407.65 203.10 Td (. See Note 4, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 461.53 203.10 Td (Finance Receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.54 203.10 Td (, for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.10 Td (more information on finance receivables used to secure asset-backed debt.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 173.10 Td (NFC T) Tj ET Q q 0 0 0 rg BT 76.09 173.10 Td (erm Loan and Bank Cr) Tj ET Q q 0 0 0 rg BT 167.94 173.10 Td (edit Facilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.10 Td (On June 1, 2018, in accordance with the terms of the May 2016 amended and extended NFC bank credit facility) Tj ET Q q 0 0 0 rg BT 497.33 155.10 Td (, the term loan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 143.10 Td (portion was paid in full and the revolving portion capacity was reduced from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.13 143.10 Td ($275 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.53 143.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.30 143.10 Td ($269 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.70 143.10 Td (. On June 12, 2018, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 131.10 Td (certain leverage covenants and baskets under the NFC bank credit facility were amended to allow for completion of the senior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 119.10 Td (secured NFC term loan \("NFC ) Tj ET Q q 0 0 0 rg BT 174.22 119.10 Td (T) Tj ET Q q 0 0 0 rg BT 179.63 119.10 Td (erm Loan"\) in July 2018. In May 2019, NFC increased the capacity of its revolving bank credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 107.10 Td (facility from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.26 107.10 Td ($269 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.65 107.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.43 107.10 Td ($748 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.82 107.10 Td ( and extended the maturity from September 2021 to May 2024. ) Tj ET Q q 0 0 0 rg BT 472.58 107.10 Td (The additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 95.10 Td (capacity was used to fully repay the NFC ) Tj ET Q q 0 0 0 rg BT 217.05 95.10 Td (T) Tj ET Q q 0 0 0 rg BT 222.46 95.10 Td (erm Loan balance of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.42 95.10 Td ($398 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.81 95.10 Td (. ) Tj ET Q q 0 0 0 rg BT 363.63 95.10 Td (The early repayment of the NFC ) Tj ET Q q 0 0 0 rg BT 496.18 95.10 Td (T) Tj ET Q q 0 0 0 rg BT 501.59 95.10 Td (erm Loan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 83.10 Td (resulted in the write of) Tj ET Q q 0 0 0 rg BT 139.85 83.10 Td (f of unamortized debt issuance costs and discount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.74 83.10 Td ($6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.13 83.10 Td (. ) Tj ET Q q 0 0 0 rg BT 397.95 83.10 Td (The borrowings on the revolving portion ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.10 Td (of the facility totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.58 71.10 Td ($623 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.97 71.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.41 71.10 Td ($21 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.80 71.10 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.96 71.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.67 71.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.11 71.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.11 71.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 438.77 71.10 Td (.) Tj ET Q endstream endobj 173 0 obj <> endobj 174 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 713.10 Td (e borrow funds under various bank credit lines denominated in U.S.dollars and Mexican pesos to be used for investment in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (our Mexican financial services operations. ) Tj ET Q q 0 0 0 rg BT 221.11 701.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.55 701.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.26 701.10 Td (, borrowings outstanding under these arrangements were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td ($437 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.89 689.10 Td (, of which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.66 689.10 Td (1) Tj ET Q q 0 0 0 rg BT 148.29 689.10 Td (1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.62 689.10 Td ( was denominated in U.S. dollars and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.54 689.10 Td (89%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.87 689.10 Td ( in Mexican pesos. ) Tj ET Q q 0 0 0 rg BT 408.80 689.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.25 689.10 Td (October 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.95 689.10 Td (, borrowings ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (outstanding under these arrangements were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.27 677.10 Td ($498 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.66 677.10 Td (, of which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.43 677.10 Td (28%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.76 677.10 Td ( was denominated in U.S. dollars and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.68 677.10 Td (72%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.01 677.10 Td ( in Mexican ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (pesos. ) Tj ET Q q 0 0 0 rg BT 76.54 665.10 Td (The interest rates on the dollar) Tj ET Q q 0 0 0 rg BT 198.24 665.10 Td (-denominated debt are at a negotiated fixed rate or at a variable rate based on LIBOR, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (the interest rates on peso-denominated debt are based on the Interbank Interest Equilibrium Rate.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 635.10 Td (Commer) Tj ET Q q 0 0 0 rg BT 83.57 635.10 Td (cial Paper) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (Ef) Tj ET Q q 0 0 0 rg BT 58.76 617.10 Td (fective February 2017, our Mexican financial services operation entered into a five-year commercial paper program for up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (P) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 55.06 605.10 Td (1.8 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.17 605.10 Td ( \(the equivalent of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.96 605.10 Td ($94 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.35 605.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.57 605.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.28 605.10 Td (\). In October 2018, the commercial paper program ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.10 Td (was increased to P) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.65 593.10 Td (3.0 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.76 593.10 Td ( \(the equivalent of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.54 593.10 Td ($157 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.94 593.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 593.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.86 593.10 Td (\). ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (Borr) Tj ET Q q 0 0 0 rg BT 68.02 575.10 Td (owings Secur) Tj ET Q q 0 0 0 rg BT 121.26 575.10 Td (ed by Operating and Finance Leases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.10 Td (International ) Tj ET Q q 0 0 0 rg BT 102.91 557.10 Td (T) Tj ET Q q 0 0 0 rg BT 108.67 557.10 Td (ruck Leasing Corporation \("ITLC"\), a special purpose, wholly-owned subsidiary of NFC, provides NFC with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.10 Td (another source to obtain borrowings secured by leases. ) Tj ET Q q 0 0 0 rg BT 270.64 545.10 Td (The balances are classified under Financial Services operations debt as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.10 Td (borrowings secured by leases. ITLC's assets are available to satisfy its creditors' claims prior to such assets becoming available ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (for ITLC's use or to NFC or af) Tj ET Q q 0 0 0 rg BT 171.38 521.10 Td (filiated companies. For the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.05 521.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.75 521.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.19 521.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.19 521.10 Td (, ITLC issued new borrowings ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 509.10 Td ($31 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.72 509.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.16 509.10 Td ($38 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.55 509.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 225.21 509.10 Td (. ) Tj ET Q q 0 0 0 rg BT 230.03 509.10 Td (The balance of these secured borrowings issued by ITLC totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.51 509.10 Td ($91 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.90 509.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td ($105 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.89 497.10 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.05 497.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.76 497.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.20 497.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.20 497.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 286.86 497.10 Td (. ) Tj ET Q q 0 0 0 rg BT 291.68 497.10 Td (The carrying amount of assets used as collateral was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.10 497.10 Td ($109 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 555.50 497.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.44 485.10 Td ($125 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.83 485.10 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.99 485.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.70 485.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.14 485.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.14 485.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 303.80 485.10 Td (. ITLC does not have any unsecured debt.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.10 Td (In ) Tj ET Q q 0 0 0 rg BT 60.26 467.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 85.19 467.10 Td (NFC ) Tj ET Q q 0 0 0 rg BT 107.08 467.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 134.51 467.10 Td (new ) Tj ET Q q 0 0 0 rg BT 153.60 467.10 Td (borrowings ) Tj ET Q q 0 0 0 rg BT 201.58 467.10 Td (secured ) Tj ET Q q 0 0 0 rg BT 234.55 467.10 Td (by ) Tj ET Q q 0 0 0 rg BT 246.99 467.10 Td (leases ) Tj ET Q q 0 0 0 rg BT 273.29 467.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.06 467.10 Td ($31 ) Tj ET Q q 0 0 0 rg BT 301.49 467.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.38 467.10 Td (. ) Tj ET Q q 0 0 0 rg BT 335.31 467.10 Td ( ) Tj ET Q q 0 0 0 rg BT 337.57 467.10 Td (The ) Tj ET Q q 0 0 0 rg BT 355.54 467.10 Td (balance ) Tj ET Q q 0 0 0 rg BT 388.51 467.10 Td (of ) Tj ET Q q 0 0 0 rg BT 399.27 467.10 Td (these ) Tj ET Q q 0 0 0 rg BT 422.25 467.10 Td (secured ) Tj ET Q q 0 0 0 rg BT 455.22 467.10 Td (borrowings ) Tj ET Q q 0 0 0 rg BT 503.20 467.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 530.63 467.10 Td (by ) Tj ET Q q 0 0 0 rg BT 543.06 467.10 Td (NFC ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.10 Td (totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.08 455.10 Td ($31 ) Tj ET Q q 0 0 0 rg BT 96.44 455.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.33 455.10 Td ( ) Tj ET Q q 0 0 0 rg BT 127.70 455.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.50 455.10 Td (zero) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.71 455.10 Td ( ) Tj ET Q q 0 0 0 rg BT 164.08 455.10 Td (as ) Tj ET Q q 0 0 0 rg BT 174.77 455.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.47 455.10 Td (October ) Tj ET Q q 0 0 0 rg BT 220.04 455.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 234.91 455.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.91 455.10 Td ( ) Tj ET Q q 0 0 0 rg BT 257.27 455.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.08 455.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.08 455.10 Td (, ) Tj ET Q q 0 0 0 rg BT 298.94 455.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 346.60 455.10 Td (. ) Tj ET Q q 0 0 0 rg BT 351.47 455.10 Td ( ) Tj ET Q q 0 0 0 rg BT 353.67 455.10 Td (The ) Tj ET Q q 0 0 0 rg BT 371.58 455.10 Td (carrying ) Tj ET Q q 0 0 0 rg BT 407.26 455.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 439.62 455.10 Td (of ) Tj ET Q q 0 0 0 rg BT 450.32 455.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 476.01 455.10 Td (used ) Tj ET Q q 0 0 0 rg BT 496.71 455.10 Td (as ) Tj ET Q q 0 0 0 rg BT 507.40 455.10 Td (collateral ) Tj ET Q q 0 0 0 rg BT 546.97 455.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.10 Td ($30 ) Tj ET Q q 0 0 0 rg BT 67.00 443.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.89 443.10 Td ( ) Tj ET Q q 0 0 0 rg BT 98.39 443.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.33 443.10 Td (zero) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.54 443.10 Td ( ) Tj ET Q q 0 0 0 rg BT 135.04 443.10 Td (as ) Tj ET Q q 0 0 0 rg BT 145.87 443.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.70 443.10 Td (October ) Tj ET Q q 0 0 0 rg BT 191.40 443.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 206.40 443.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.40 443.10 Td ( ) Tj ET Q q 0 0 0 rg BT 228.90 443.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.84 443.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.84 443.10 Td (, ) Tj ET Q q 0 0 0 rg BT 270.84 443.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 318.50 443.10 Td (. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 422.10 Td (Future Maturities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 405.60 Td (The aggregate contractual annual maturities for debt as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.01 405.60 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.72 405.60 Td (, are as follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 362.6 m 435 362.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 362.6 m 499 362.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 362.6 m 563 362.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 271.6 m 435 271.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 271.6 m 499 271.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 271.6 m 563 271.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 243.60000000000002 m 435 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 243.60000000000002 m 499 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 243.60000000000002 m 435 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 231.60000000000002 m 435 231.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 229.60000000000002 m 435 229.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 243.60000000000002 m 499 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 231.60000000000002 m 499 231.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 229.60000000000002 m 499 229.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 243.60000000000002 m 563 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 231.60000000000002 m 563 231.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 229.60000000000002 m 563 229.60000000000002 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 367.27 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 378.50 374.83 Td (Manufacturing) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 381.10 366.83 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 419.32 370.46 Td ( \(A\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.45 382.68 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 454.50 374.68 Td (Services) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 449.35 366.68 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.75 366.83 Td (T) Tj ET Q q 0 0 0 rg BT 528.35 366.83 Td (otal ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 353.83 Td (\(in millions\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.50 353.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.50 353.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 353.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 340.17 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 340.17 Td (.......................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.50 340.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 340.17 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.50 340.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 340.17 Td (839) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 340.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 340.17 Td (871) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 327.17 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 327.17 Td (.......................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 327.17 Td (48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 327.17 Td (665) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 327.17 Td (713) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 314.17 Td (2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 314.17 Td (.......................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 314.17 Td (27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.15 314.17 Td (67) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 314.17 Td (94) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 301.17 Td (2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 301.17 Td (.......................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 301.17 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.15 301.17 Td (53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 301.17 Td (79) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 288.17 Td (2024) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 288.17 Td (.......................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 288.17 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 288.17 Td (635) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 288.17 Td (653) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 275.17 Td (Thereafter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.50 275.17 Td (..............................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 275.17 Td (2,817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 275.17 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 275.17 Td (2,819) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 262.17 Td (T) Tj ET Q q 0 0 0 rg BT 76.26 262.17 Td (otal debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.50 262.17 Td (........................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 262.17 Td (2,968) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 262.17 Td (2,261) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 262.17 Td (5,229) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 248.27 Td (Less: Unamortized discount and unamortized debt issuance costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.00 248.17 Td (.......................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 248.27 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 248.27 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 248.27 Td (41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 234.17 Td (Net debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.50 234.17 Td (..........................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.50 234.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 234.17 Td (2,932) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.50 234.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 234.17 Td (2,256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 234.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 234.17 Td (5,188) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 210.10 Td (Debt and Lease Covenants) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 193.60 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 193.60 Td (e have certain public and private debt agreements, including the ) Tj ET Q q 0 0 0 rg BT 315.91 193.60 Td (T) Tj ET Q q 0 0 0 rg BT 321.32 193.60 Td (erm Loan Credit ) Tj ET Q q 0 0 0 rg BT 389.36 193.60 Td (Agreement, the 6.625% Senior Notes, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 181.60 Td (loan agreements for the ) Tj ET Q q 0 0 0 rg BT 145.95 181.60 Td (T) Tj ET Q q 0 0 0 rg BT 151.36 181.60 Td (ax Exempt Bonds, and the ) Tj ET Q q 0 0 0 rg BT 258.56 181.60 Td (Amended and Restated ) Tj ET Q q 0 0 0 rg BT 353.26 181.60 Td (Asset-Based Credit Facility) Tj ET Q q 0 0 0 rg BT 463.15 181.60 Td (, which limit our ability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 169.60 Td (to incur additional indebtedness, pay dividends, buy back our stock, and take other actions. ) Tj ET Q q 0 0 0 rg BT 415.53 169.60 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.97 169.60 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.68 169.60 Td (, we were in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 157.60 Td (compliance with these covenants.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 136.60 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 136.60 Td (e are also required under certain agreements with public and private lenders of NFC to ensure that NFC and its subsidiaries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 124.60 Td (maintain their income before interest expense and income taxes at not less than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.56 124.60 Td (125%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.89 124.60 Td ( of their total interest expense. Under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 112.60 Td (these agreements, if NFC's consolidated income, including capital contributions made by NIC or NI, before interest expense ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 100.60 Td (and income taxes is less than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.81 100.60 Td (125%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.14 100.60 Td ( of its interest expense, NIC or NI must make payments to NFC to achieve the required ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 88.60 Td (ratio. During the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.35 88.60 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.05 88.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.05 88.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.05 88.60 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.99 88.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.99 88.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.99 88.60 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.99 88.60 Td ( such payments were made.) Tj ET Q endstream endobj 175 0 obj <> endobj 176 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (Covenants of the NFC bank credit facility restrict or limit certain payments such as dividends paid to NI. NFC was able to pay a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (dividend of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.83 701.10 Td ($20 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.22 701.10 Td ( to NI in October 2019 within the limits of these covenants. In the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.50 701.10 Td (years ended October 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.18 701.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (2017, NFC paid no dividends. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 668.10 Td (Our Mexican financial services operations also have debt covenants, which require the maintenance of certain financial ratios. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 656.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.94 656.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.65 656.10 Td (, we were in compliance with those covenants.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 638.10 Td (1) Tj ET Q q 0 0 0 rg BT 53.95 638.10 Td (1. Postr) Tj ET Q q 0 0 0 rg BT 86.54 638.10 Td (etir) Tj ET Q q 0 0 0 rg BT 101.34 638.10 Td (ement Benefits) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 620.10 Td (Defined Benefit Plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 602.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 602.10 Td (e provide postretirement benefits to a substantial portion of our employees and retirees. Costs associated with postretirement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 590.10 Td (benefits include pension and postretirement health care expenses for employees, retirees, surviving spouses and dependents.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (Obligations and Funded Status ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 560.10 Td (A) Tj ET Q q 0 0 0 rg BT 56.17 560.10 Td ( summary of the changes in benefit obligations and plan assets is as follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 529.6 m 401 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401 529.6 m 405 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 529.6 m 455 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 529.6 m 509 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 529.6 m 513 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 529.6 m 563 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 529.6 m 401 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 517.6 m 401 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 529.6 m 455 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 517.6 m 455 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 529.6 m 509 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 517.6 m 509 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 529.6 m 563 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 517.6 m 563 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 517.6 m 401 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 517.6 m 455 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 517.6 m 509 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 517.6 m 563 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 375.6 m 401 375.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 363.6 m 401 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 361.6 m 401 361.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 375.6 m 455 375.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 363.6 m 455 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 361.6 m 455 361.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 375.6 m 509 375.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 363.6 m 509 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 361.6 m 509 361.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 375.6 m 563 375.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 363.6 m 563 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 361.6 m 563 361.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 271.6 m 401 271.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 259.6 m 401 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 257.6 m 401 257.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 271.6 m 455 271.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 259.6 m 455 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 257.6 m 455 257.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 271.6 m 509 271.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 259.6 m 509 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 257.6 m 509 257.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 271.6 m 563 271.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 259.6 m 563 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 257.6 m 563 257.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 376.35 533.83 Td (Pension Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.60 541.68 Td (Health and Life) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 478.60 533.68 Td (Insurance Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 521.68 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 367.50 521.68 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.50 521.68 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.50 521.68 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.50 521.68 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 508.33 Td (Change in benefit obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 496.17 Td (Benefit obligations at beginning of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.00 496.17 Td (...............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.50 496.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.65 496.33 Td (3,344) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 496.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 496.17 Td (3,799) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.50 496.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.65 496.33 Td (1,245) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 496.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 496.17 Td (1,435) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 483.17 Td (Service cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.00 483.17 Td (...........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 392.15 483.33 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.15 483.17 Td (7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.15 483.33 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 483.17 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 470.17 Td (Interest on obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.00 470.17 Td (...........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.15 470.33 Td (121) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 470.17 Td (108) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.15 470.33 Td (49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 470.17 Td (43) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 457.17 Td (Actuarial loss \(gain\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.50 457.17 Td (..............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.15 457.33 Td (405) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.80 457.22 Td (\(251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 457.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.80 457.38 Td (\(138) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.15 457.33 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.80 457.22 Td (\(159) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 457.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 444.17 Td (Plan amendment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.50 444.17 Td (....................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 392.15 444.33 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.15 444.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.15 444.33 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 444.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 431.17 Td (Settlements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.50 431.17 Td (............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 378.80 431.38 Td (\(263) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.15 431.33 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.80 431.22 Td (\(25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 431.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.15 431.33 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 431.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 418.17 Td (Currency translation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.50 418.17 Td (..............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.80 418.38 Td (\(5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.15 418.33 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.80 418.22 Td (\(8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 418.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.15 418.33 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 418.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 405.17 Td (Plan participants' contributions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.00 405.17 Td (.............................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.15 405.33 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.15 405.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.15 405.33 Td (35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 405.17 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 392.17 Td (Subsidy receipts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.50 392.17 Td (....................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.15 392.33 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.15 392.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.15 392.33 Td (37) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 392.17 Td (42) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 379.17 Td (Benefits paid) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.00 379.17 Td (.........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 378.80 379.38 Td (\(266) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.15 379.33 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.80 379.22 Td (\(286) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 379.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.80 379.38 Td (\(144) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.15 379.33 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.80 379.22 Td (\(160) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 379.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 366.17 Td (Benefit obligations at end of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.50 366.17 Td (..................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.50 366.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.65 366.33 Td (3,347) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 366.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 366.17 Td (3,344) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.50 366.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.65 366.33 Td (1,087) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 366.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 366.17 Td (1,245) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 353.33 Td (Change in plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.00 353.17 Td (.................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.50 353.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 340.17 Td (Fair value of plan assets at beginning of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.00 340.17 Td (.......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.50 340.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.65 340.33 Td (2,162) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 340.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 340.17 Td (2,363) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.50 340.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.15 340.33 Td (297) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 340.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 340.17 Td (333) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 327.17 Td (Actual return on plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.50 327.17 Td (..................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.15 327.33 Td (232) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.80 327.22 Td (\(30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 327.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.15 327.33 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 327.17 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 314.17 Td (Settlements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.50 314.17 Td (............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 378.80 314.38 Td (\(263) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.15 314.33 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.80 314.22 Td (\(25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 314.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.15 314.33 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 314.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 301.17 Td (Currency translation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.50 301.17 Td (..............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.80 301.38 Td (\(5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.15 301.33 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.80 301.22 Td (\(8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 301.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.15 301.33 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 301.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 288.17 Td (Employer contributions) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 165.21 292.70 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.00 288.17 Td (.....................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.15 288.33 Td (136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 288.17 Td (132) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.15 288.33 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 288.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 275.17 Td (Benefits paid) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.00 275.17 Td (.........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 378.80 275.38 Td (\(249) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.15 275.33 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.80 275.22 Td (\(270) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 275.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.80 275.38 Td (\(35) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.15 275.33 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.80 275.22 Td (\(41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 275.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 262.17 Td (Fair value of plan assets at end of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.50 262.17 Td (..........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.50 262.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.65 262.33 Td (2,013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 262.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 262.17 Td (2,162) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.50 262.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.15 262.33 Td (283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 262.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 262.17 Td (297) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 106.50 247.28 Td (Funded status at year) Tj ET Q q 0 0 0 rg BT 198.82 247.28 Td ( end) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.50 247.17 Td (....................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.50 247.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.30 247.33 Td (\(1,334) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.15 247.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 247.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.30 247.32 Td (\(1,182) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 247.27 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.50 247.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.80 247.33 Td (\(804) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.15 247.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 247.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.80 247.32 Td (\(948) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 247.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 233.50 Td (_________________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 223.90 Td (\(A\) ) Tj ET Q q 0 0 0 rg BT 67.50 223.90 Td (Employer contributions as of October 31, 2019 consisted of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 260.80 223.90 Td ($140 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 301.91 223.90 Td (, net of a ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 331.90 223.90 Td ($4 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 365.01 223.90 Td ( return of plan assets to the Company) Tj ET Q q 0 0 0 rg BT 483.80 223.90 Td (.) Tj ET Q endstream endobj 177 0 obj <> endobj 178 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (88) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 699.5 m 401 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401 699.5 m 405 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 699.5 m 455 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 699.5 m 509 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 699.5 m 513 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 699.5 m 563 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 699.5 m 401 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 687.5 m 401 687.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 699.5 m 455 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 687.5 m 455 687.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 699.5 m 509 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 687.5 m 509 687.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 699.5 m 563 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 687.5 m 563 687.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 635.5 m 401 635.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 623.5 m 401 623.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 621.5 m 401 621.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 635.5 m 455 635.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 623.5 m 455 623.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 621.5 m 455 621.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 635.5 m 509 635.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 623.5 m 509 623.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 621.5 m 509 621.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 635.5 m 563 635.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 623.5 m 563 623.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 621.5 m 563 621.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 561.5 m 401 561.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 549.5 m 401 549.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 547.5 m 401 547.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 561.5 m 455 561.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 549.5 m 455 549.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 547.5 m 455 547.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 561.5 m 509 561.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 549.5 m 509 549.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 547.5 m 509 547.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 561.5 m 563 561.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 549.5 m 563 549.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 547.5 m 563 547.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 376.35 703.73 Td (Pension Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.60 711.58 Td (Health and Life) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 478.60 703.58 Td (Insurance Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 691.58 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 367.50 691.58 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.50 691.58 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.50 691.58 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.50 691.58 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 678.23 Td (Amounts r) Tj ET Q q 0 0 0 rg BT 98.24 678.23 Td (ecognized in our) Tj ET Q q 0 0 0 rg BT 168.06 678.23 Td ( Consolidated Balance Sheets consist of:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.50 678.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 665.07 Td (Noncurrent asset) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.00 665.07 Td (...................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.50 665.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 392.15 665.23 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 665.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.15 665.07 Td (18) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.50 665.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.15 665.23 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 665.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 665.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 652.07 Td (Current liability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 652.07 Td (.....................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.80 652.28 Td (\(18) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.15 652.23 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.80 652.12 Td (\(17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 652.07 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.80 652.28 Td (\(20) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.15 652.23 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.80 652.12 Td (\(34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 652.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 639.07 Td (Noncurrent liability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.00 639.07 Td (...............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.30 639.28 Td (\(1,319) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.15 639.23 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.30 639.12 Td (\(1,183) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 639.07 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.80 639.28 Td (\(784) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.15 639.23 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.80 639.12 Td (\(914) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 639.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 626.07 Td (Net liability recognized) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.00 626.07 Td (.................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.50 626.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.30 626.28 Td (\(1,334) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.15 626.23 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 626.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.30 626.12 Td (\(1,182) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 626.07 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.50 626.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.80 626.28 Td (\(804) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.15 626.23 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 626.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.80 626.12 Td (\(948) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 626.07 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 600.23 Td (Amounts r) Tj ET Q q 0 0 0 rg BT 98.15 600.23 Td (ecognized in our) Tj ET Q q 0 0 0 rg BT 167.97 600.23 Td ( accumulated other) Tj ET Q q 0 0 0 rg BT 250.00 600.23 Td ( compr) Tj ET Q q 0 0 0 rg BT 280.08 600.23 Td (ehensive loss) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 590.23 Td (consist of:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.50 592.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 578.07 Td (Net actuarial loss \(gain\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.50 578.07 Td (........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.50 578.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.65 578.23 Td (2,086) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 578.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 578.07 Td (2,007) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.50 578.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.80 578.28 Td (\(33) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.15 578.23 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 578.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 578.07 Td (104) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 565.07 Td (Net prior service cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.50 565.07 Td (............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 392.15 565.23 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.15 565.07 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.15 565.23 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 565.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 552.07 Td (Net amount recognized) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.50 552.07 Td (..................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.50 552.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.65 552.23 Td (2,090) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 552.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 552.07 Td (2,007) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.50 552.23 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.80 552.28 Td (\(33) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.15 552.23 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 552.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 552.07 Td (104) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 531.00 Td (The accumulated benefit obligation for pension benefits, a measure that excludes the ef) Tj ET Q q 0 0 0 rg BT 398.35 531.00 Td (fect of prospective salary and wage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 519.00 Td (increases, was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.20 519.00 Td ($3.3 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.31 519.00 Td ( for both ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.25 519.00 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.96 519.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.39 519.00 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.39 519.00 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 501.00 Td (The cumulative postretirement benefit adjustment included in the ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 313.31 501.00 Td (Consolidated Statement of Stockholders' Deficit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.86 501.00 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.08 501.00 Td (October ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 489.00 Td (31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.50 489.00 Td ( and 2018 is net of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.16 489.00 Td ($464 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.55 489.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.99 489.00 Td ($503 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.38 489.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 336.04 489.00 Td (, of deferred taxes related to our postretirement benefit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 477.00 Td (plans.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 459.00 Td (Information for pension plans with accumulated benefit obligations in excess of plan assets were as follows: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 429 m 509 429 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 429 m 513 429 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 429 m 563 429 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 414 m 509 414 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 414 m 563 414 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 414 m 509 414 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 414 m 563 414 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.80 433.23 Td (As of October) Tj ET Q q 0 0 0 rg BT 528.27 433.23 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 418.23 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.50 418.23 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.50 418.23 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 403.67 Td (Projected benefit obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.00 403.57 Td (...................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.50 403.68 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.65 403.68 Td (3,325) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 403.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 403.67 Td (3,065) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 388.67 Td (Accumulated benefit obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.50 388.57 Td (............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.65 388.68 Td (3,307) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 388.67 Td (3,051) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 373.67 Td (Fair value of plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.50 373.57 Td (..........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.65 373.68 Td (1,991) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 373.67 Td (1,865) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 351.50 Td (Generally) Tj ET Q q 0 0 0 rg BT 88.27 351.50 Td (, the pension plans are non-contributory) Tj ET Q q 0 0 0 rg BT 247.03 351.50 Td (. Our policy is to fund the pension plans in accordance with applicable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 339.50 Td (U.S.and Canadian government regulations and to make additional contributions from time to time. ) Tj ET Q q 0 0 0 rg BT 448.03 339.50 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.47 339.50 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.18 339.50 Td (, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 327.50 Td (have met all regulatory funding requirements. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.10 327.50 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.10 327.50 Td (, we contributed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.30 327.50 Td ($140 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.70 327.50 Td ( to our pension plans to meet regulatory ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 315.50 Td (funding requirements. ) Tj ET Q q 0 0 0 rg BT 140.13 315.50 Td (W) Tj ET Q q 0 0 0 rg BT 148.77 315.50 Td (e expect to contribute approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.88 315.50 Td ($190 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.27 315.50 Td ( to our pension plans during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.70 315.50 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.70 315.50 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 297.50 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 297.50 Td (e primarily fund OPEB obligations, such as retiree medical, in accordance with the 1993 Settlement ) Tj ET Q q 0 0 0 rg BT 459.42 297.50 Td (Agreement, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 285.50 Td (requires us to fund a portion of the plans' annual service cost to a retiree benefit trust \(the "Base ) Tj ET Q q 0 0 0 rg BT 434.25 285.50 Td (T) Tj ET Q q 0 0 0 rg BT 440.00 285.50 Td (rust"\). ) Tj ET Q q 0 0 0 rg BT 467.23 285.50 Td (The 1993 Settlement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 273.50 Td (Agreement resolved a class action lawsuit originally filed in 1992 regarding the restructuring of our then applicable retiree ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 261.50 Td (health care and life insurance benefits. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.64 261.50 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.64 261.50 Td (, we contributed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.85 261.50 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.24 261.50 Td ( to our OPEB plans to meet legal funding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 249.50 Td (requirements. ) Tj ET Q q 0 0 0 rg BT 106.52 249.50 Td (W) Tj ET Q q 0 0 0 rg BT 115.16 249.50 Td (e expect to contribute ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.01 249.50 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.40 249.50 Td ( to our OPEB plans during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.29 249.50 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.29 249.50 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 231.50 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 231.50 Td (e have certain unfunded pension plans, under which we make payments directly to employees. Benefit payments of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.16 231.50 Td ($17 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 219.50 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 219.50 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.83 219.50 Td ($16 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.22 219.50 Td ( for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.88 219.50 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.59 219.50 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.03 219.50 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.03 219.50 Td (, respectively) Tj ET Q q 0 0 0 rg BT 322.69 219.50 Td (, are included within the amount of Benefits paid in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 207.50 Td (Change in benefit obligation section above, but are not included in the Change in plan assets section, because the payments are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 195.50 Td (made directly by us and not by separate trusts that are used in the funding of our other pension plans.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 177.50 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 177.50 Td (e also have certain OPEB benefits that are paid from Company assets \(instead of trust assets\). Payments from Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 165.50 Td (assets, net of participant contributions and subsidy receipts, result in dif) Tj ET Q q 0 0 0 rg BT 335.93 165.50 Td (ferences between benefits paid as presented under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 153.50 Td (Change in benefit obligation and Change in plan assets of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.78 153.50 Td ($37 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.17 153.50 Td ( for both ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.11 153.50 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.11 153.50 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.55 153.50 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.55 153.50 Td (.) Tj ET Q endstream endobj 179 0 obj <> endobj 180 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (89) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (Components of Net Periodic Benefit Expense and Other ) Tj ET Q q 0 0 0 rg BT 282.46 713.25 Td (Amounts Recognized in Other Comprehensive Loss ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 696.75 Td (The components of our postretirement benefits expense included in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 337.20 696.75 Td (Consolidated Statements of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.13 696.75 Td ( consist of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 684.75 Td (following: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 659.25 m 455 659.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455 659.25 m 459 659.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 659.25 m 509 659.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 659.25 m 513 659.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 659.25 m 563 659.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 644.25 m 455 644.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 644.25 m 509 644.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 644.25 m 563 644.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 644.25 m 455 644.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 644.25 m 509 644.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 644.25 m 563 644.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 614.25 m 455 614.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 600.25 m 455 600.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 598.25 m 455 598.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 614.25 m 509 614.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 600.25 m 509 600.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 598.25 m 509 598.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 614.25 m 563 614.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 600.25 m 563 600.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 598.25 m 563 598.25 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.55 663.48 Td (For) Tj ET Q q 0 0 0 rg BT 439.92 663.48 Td ( the ) Tj ET Q q 0 0 0 rg BT 454.36 663.48 Td (Y) Tj ET Q q 0 0 0 rg BT 459.54 663.48 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 527.47 663.48 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 648.48 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.50 648.48 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.50 648.48 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.50 648.48 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 633.92 Td (Pension expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.00 633.82 Td (.................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.50 633.93 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.15 633.93 Td (232) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 633.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 633.92 Td (72) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 633.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 633.92 Td (121) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 618.92 Td (Health and life insurance expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.00 618.82 Td (.....................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.15 618.93 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 618.92 Td (33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 618.97 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 618.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 603.92 Td (T) Tj ET Q q 0 0 0 rg BT 75.91 603.92 Td (otal postretirement benefits expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.50 603.82 Td (........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.50 603.93 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.15 603.93 Td (263) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 603.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 603.92 Td (105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 603.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 603.92 Td (1) Tj ET Q q 0 0 0 rg BT 549.15 603.92 Td (18) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 581.75 Td (Components of Net Periodic Benefit Expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.75 Td (Net periodic benefit expense included in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 229.71 563.75 Td (Consolidated Statements of Operations, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 563.75 Td (and other amounts recognized in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 551.75 Td (Consolidated Statements of Stockholders' Deficit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.94 551.75 Td (, for the years ended October 31 is comprised of the following:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 528.25 m 378 528.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378 528.25 m 382 528.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 528.25 m 415 528.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 528.25 m 419 528.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 528.25 m 452 528.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452 528.25 m 456 528.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 528.25 m 489 528.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 528.25 m 493 528.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 528.25 m 526 528.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526 528.25 m 530 528.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 530 528.25 m 563 528.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 507.25 m 378 507.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378 507.25 m 382 507.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 507.25 m 415 507.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 507.25 m 489 507.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 507.25 m 493 507.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 507.25 m 526 507.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526 507.25 m 530 507.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 530 507.25 m 563 507.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 507.25 m 378 507.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 494.25 m 378 494.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378 507.25 m 382 507.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 507.25 m 415 507.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 494.25 m 415 494.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 507.25 m 419 507.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 507.25 m 452 507.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 494.25 m 452 494.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 507.25 m 489 507.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 494.25 m 489 494.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 507.25 m 493 507.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 507.25 m 526 507.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 494.25 m 526 494.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526 507.25 m 530 507.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 530 507.25 m 563 507.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 530 494.25 m 563 494.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 494.25 m 378 494.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 494.25 m 415 494.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 494.25 m 489 494.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 494.25 m 526 494.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 530 494.25 m 563 494.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 374.25 m 378 374.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 359.25 m 378 359.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 374.25 m 415 374.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 359.25 m 415 359.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 374.25 m 452 374.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 359.25 m 452 359.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 374.25 m 489 374.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 359.25 m 489 359.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 374.25 m 526 374.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 359.25 m 526 359.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 530 374.25 m 563 374.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 530 359.25 m 563 359.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 259.25 m 378 259.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 259.25 m 415 259.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 259.25 m 452 259.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 259.25 m 489 259.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 259.25 m 526 259.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 530 259.25 m 563 259.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 244.25 m 378 244.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 220.25 m 378 220.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 218.25 m 378 218.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 244.25 m 415 244.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 220.25 m 415 220.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 218.25 m 415 218.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 244.25 m 452 244.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 220.25 m 452 220.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 218.25 m 452 218.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 244.25 m 489 244.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 220.25 m 489 220.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 218.25 m 489 218.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 244.25 m 526 244.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 220.25 m 526 220.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 218.25 m 526 218.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 530 244.25 m 563 244.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 530 220.25 m 563 220.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 530 218.25 m 563 218.25 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.55 532.48 Td (For) Tj ET Q q 0 0 0 rg BT 409.92 532.48 Td ( the ) Tj ET Q q 0 0 0 rg BT 424.36 532.48 Td (Y) Tj ET Q q 0 0 0 rg BT 429.54 532.48 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 497.47 532.48 Td ( 31,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 511.92 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 369.85 511.48 Td (Pension Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 482.10 519.48 Td (Health and Life) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 477.10 511.48 Td (Insurance Benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 497.82 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.00 498.48 Td (2019) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 390.00 498.50 Td (2018) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 427.00 498.50 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.00 498.48 Td (2019) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 501.00 498.50 Td (2018) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 538.00 498.50 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 483.92 Td (Service cost for benefits earned during the period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.50 483.82 Td (....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 347.50 483.93 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 369.15 483.93 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.50 483.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 483.92 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 483.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.15 483.92 Td (7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.50 483.93 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 480.15 483.93 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.50 483.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.15 483.92 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.50 483.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 483.92 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 468.92 Td (Interest on obligation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.00 468.82 Td (.................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 359.10 468.93 Td (121) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.10 468.92 Td (108) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.10 468.92 Td (107) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.15 468.93 Td (49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.15 468.92 Td (43) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 468.92 Td (47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 453.92 Td (Amortization of cumulative loss \(gain\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.00 453.82 Td (.....................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 364.15 453.93 Td (94) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.10 453.92 Td (106) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.10 453.92 Td (1) Tj ET Q q 0 0 0 rg BT 438.10 453.92 Td (16) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.80 453.98 Td (\(1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.15 453.93 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.15 453.92 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 453.92 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 438.92 Td (Settlements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.50 438.82 Td (................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 359.10 438.93 Td (143) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 438.92 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 438.92 Td (23) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.15 438.93 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.15 438.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 438.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 423.92 Td (Contractual termination benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.00 423.82 Td (...............................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 364.15 423.93 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.15 423.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 423.92 Td (10) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.15 423.93 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.15 423.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 423.92 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 408.92 Td (Curtailments and other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.50 408.82 Td (..............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 364.15 408.93 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.15 408.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 408.92 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.15 408.93 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.15 408.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.80 408.97 Td (\(58) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 408.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 393.92 Td (Premiums on pension insurance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.50 393.82 Td (................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 364.15 393.93 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 393.92 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 393.92 Td (15) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.15 393.93 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.15 393.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 393.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 378.92 Td (Expected return on assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.50 378.82 Td (..........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 355.80 378.98 Td (\(143) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.15 378.93 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.80 378.97 Td (\(161) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 378.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.80 378.97 Td (\(157) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 378.92 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.80 378.98 Td (\(20) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.15 378.93 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.80 378.97 Td (\(23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.15 378.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.80 378.97 Td (\(23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 378.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 363.92 Td (Net periodic benefit expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.50 363.82 Td (..............................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 347.50 363.93 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 359.10 363.93 Td (232) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.50 363.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.15 363.92 Td (72) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 363.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.10 363.92 Td (121) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.50 363.93 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.15 363.93 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.50 363.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.15 363.92 Td (33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.50 363.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 363.97 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 363.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 348.92 Td (Other Changes in plan assets and benefit obligations recognized in) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 338.92 Td (other comprehensive loss \(income\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 323.92 Td (Actuarial net loss \(gain\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.00 323.82 Td (.............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 347.50 323.93 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 359.10 323.93 Td (316) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.50 323.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.80 323.97 Td (\(61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 323.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 323.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.80 323.97 Td (\(1) Tj ET Q q 0 0 0 rg BT 438.13 323.97 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 323.92 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.50 323.93 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 466.80 323.98 Td (\(138) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.15 323.93 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.50 323.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.80 323.97 Td (\(139) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.15 323.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.50 323.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.80 323.97 Td (\(197) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 323.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 308.92 Td (Prior service cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.00 308.82 Td (.......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 369.15 308.93 Td (4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.15 308.93 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.15 308.93 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.15 308.93 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 512.15 308.93 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.15 308.93 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 293.92 Td (Amortization of cumulative \(loss\) gain) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.00 293.82 Td (.....................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 360.80 293.98 Td (\(94) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.15 293.93 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.80 293.97 Td (\(106) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 293.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.80 293.97 Td (\(1) Tj ET Q q 0 0 0 rg BT 438.13 293.97 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 293.92 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 480.15 293.93 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.80 293.97 Td (\(9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.15 293.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.80 293.97 Td (\(22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 293.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 278.92 Td (Settlements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.50 278.82 Td (................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 355.80 278.98 Td (\(143) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.15 278.93 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.80 278.97 Td (\(9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 278.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.80 278.97 Td (\(23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 278.92 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.15 278.93 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.15 278.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 278.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 263.92 Td (Curtailments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.50 263.82 Td (..............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 364.15 263.93 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.15 263.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.80 263.97 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 263.92 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.15 263.93 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.15 263.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 263.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 248.92 Td (T) Tj ET Q q 0 0 0 rg BT 75.91 248.92 Td (otal recognized in other comprehensive income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.50 248.82 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 347.50 248.93 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 364.15 248.93 Td (83) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.50 248.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.80 248.97 Td (\(176) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 248.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 248.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.80 248.97 Td (\(257) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 248.92 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.50 248.93 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 466.80 248.98 Td (\(137) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.15 248.93 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.50 248.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.80 248.97 Td (\(148) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.15 248.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.50 248.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.80 248.97 Td (\(219) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 248.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 233.92 Td (T) Tj ET Q q 0 0 0 rg BT 93.91 233.92 Td (otal net postretirement benefits \(income\) expense and other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 223.92 Td (comprehensive loss \(income\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.50 223.82 Td (......................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 347.50 223.93 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 359.10 223.93 Td (315) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.50 223.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.80 223.97 Td (\(104) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 223.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 223.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.80 223.97 Td (\(136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 223.92 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.50 223.93 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 466.80 223.98 Td (\(106) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.15 223.93 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.50 223.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.80 223.97 Td (\(1) Tj ET Q q 0 0 0 rg BT 512.13 223.97 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.15 223.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.50 223.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.80 223.97 Td (\(222) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 223.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 192.75 Td (For the year ended October 31, 2019, we adopted ) Tj ET Q q 0 0 0 rg BT 249.16 192.75 Td (ASU No. 2017-07 "Compensation - Retirement Benefits \(T) Tj ET Q q 0 0 0 rg BT 486.40 192.75 Td (opic 715\): ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 180.75 Td (Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost." ) Tj ET Q q 0 0 0 rg BT 469.17 180.75 Td (This ) Tj ET Q q 0 0 0 rg BT 488.89 180.75 Td (ASU requires that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 168.75 Td (an employer disaggregate the service cost component from the other components of net periodic benefit cost. ) Tj ET Q q 0 0 0 rg BT 487.97 168.75 Td (As a result, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 156.75 Td (have reclassified certain net periodic benefit costs from ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 273.29 156.75 Td (SG&A) Tj ET Q q 0 0 0 rg BT 299.22 156.75 Td ( expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.26 156.75 Td ( to ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 350.04 156.75 Td (Other expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.73 156.75 Td ( in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 453.34 156.75 Td (Consolidated Statements ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 144.75 Td (of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.78 144.75 Td (. ) Tj ET Q q 0 0 0 rg BT 109.60 144.75 Td (The guidance, which required retrospective application, resulted in a reclassification of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.29 144.75 Td ($94 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.68 144.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.12 144.75 Td ($127 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 132.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 132.75 Td ( for the years ended October 31, 2018 and 2017, respectively) Tj ET Q q 0 0 0 rg BT 321.55 132.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 114.75 Td (For the years ended October 31, 2019 and 2018, we purchased group annuity contracts for certain retired pension plan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 102.75 Td (participants resulting in plan remeasurements.) Tj ET Q q 0 0 0 rg BT 235.56 102.75 Td (As a result, in 2019 and 2018, net actuarial losses of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.90 102.75 Td ($1) Tj ET Q q 0 0 0 rg BT 456.53 102.75 Td (1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.92 102.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.36 102.75 Td ($2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.75 102.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 90.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 90.75 Td (, were recognized as components of ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 242.94 90.75 Td (Accumulated other compr) Tj ET Q q 0 0 0 rg BT 346.43 90.75 Td (ehensive loss ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.41 90.75 Td (and non-cash pension settlement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 78.75 Td (accounting expenses of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.30 78.75 Td ($142 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.69 78.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.13 78.75 Td ($9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.52 78.75 Td (, respectively) Tj ET Q q 0 0 0 rg BT 310.18 78.75 Td (, were recognized in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 393.75 78.75 Td (Other expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.45 78.75 Td ( in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 497.05 78.75 Td (Consolidated ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 66.75 Td (Statements of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.60 66.75 Td (.) Tj ET Q endstream endobj 181 0 obj <> endobj 182 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (90) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (In ) Tj ET Q q 0 0 0 rg BT 59.78 713.10 Td (April 2016, we filed a qualified partial wind-up report for approval by FSCO related to the 201) Tj ET Q q 0 0 0 rg BT 439.59 713.10 Td (1 closure of our Chatham, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (Ontario plant. FSCO provided formal approval in January 2017. ) Tj ET Q q 0 0 0 rg BT 308.07 701.10 Td (As a result of an ongoing administration review ordered in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (conjunction with the partial wind-up, we recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.10 689.10 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.49 689.10 Td ( of contractual termination char) Tj ET Q q 0 0 0 rg BT 428.37 689.10 Td (ges in the first quarter of 2017. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (During the third quarter of 2017, we finalized the Chatham closure agreement. ) Tj ET Q q 0 0 0 rg BT 365.88 677.10 Td (This resulted in the release of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.39 677.10 Td ($66 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.78 677.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (OPEB liabilities. In addition, a pension settlement accounting char) Tj ET Q q 0 0 0 rg BT 315.93 665.10 Td (ge of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.69 665.10 Td ($23 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.09 665.10 Td ( was recorded as a result of lump-sum ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (payments made to certain pension plan participants. ) Tj ET Q q 0 0 0 rg BT 259.26 653.10 Td (These char) Tj ET Q q 0 0 0 rg BT 302.66 653.10 Td (ges and benefits were recorded in our ) Tj ET Q q 0 0 0 rg BT 454.92 653.10 Td (T) Tj ET Q q 0 0 0 rg BT 460.67 653.10 Td (ruck segment within ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (Restructuring char) Tj ET Q q 0 0 0 rg BT 124.95 641.10 Td (ges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.28 641.10 Td ( in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 166.89 641.10 Td (Consolidated Statements of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.83 641.10 Td (. See Note 3, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 377.71 641.10 Td (Restructurings, Impairments and Divestitur) Tj ET Q q 0 0 0 rg BT 551.77 641.10 Td (es ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.10 Td (for further discussion. ) Tj ET Q q 0 0 0 rg BT 139.49 629.10 Td (As a result of the pension and OPEB plan remeasurements in connection with the finalization of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (Chatham closure agreement, net actuarial gains of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.20 617.10 Td ($21 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.59 617.10 Td ( were recognized as a component of ) Tj ET Q q 0 0 0 rg BT 444.36 617.10 Td (Accumulated other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (comprehensive loss in the third quarter of 2017.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (In the third quarter of 2017, we committed to a plan to cease engine production at our Melrose Park Facility in the third quarter ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (of fiscal year 2018. ) Tj ET Q q 0 0 0 rg BT 128.64 575.10 Td (As a result, in the third quarter of 2017, we recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.96 575.10 Td ($9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.35 575.10 Td ( of pension and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.23 575.10 Td ($4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.62 575.10 Td ( of OPEB ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (contractual termination benefits char) Tj ET Q q 0 0 0 rg BT 196.20 563.10 Td (ges and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.97 563.10 Td ($10 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.36 563.10 Td ( of OPEB curtailment char) Tj ET Q q 0 0 0 rg BT 381.81 563.10 Td (ges. ) Tj ET Q q 0 0 0 rg BT 399.96 563.10 Td (These char) Tj ET Q q 0 0 0 rg BT 443.37 563.10 Td (ges were recorded in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.26 551.10 Td (ruck segment within ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 139.41 551.10 Td (Restructuring char) Tj ET Q q 0 0 0 rg BT 214.86 551.10 Td (ges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.19 551.10 Td ( in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 256.80 551.10 Td (Consolidated Statements of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.74 551.10 Td (. See Note 3, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 467.62 551.10 Td (Restructurings, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (Impairments and Divestitur) Tj ET Q q 0 0 0 rg BT 159.68 539.10 Td (es ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.51 539.10 Td (for further discussion. ) Tj ET Q q 0 0 0 rg BT 260.49 539.10 Td (A) Tj ET Q q 0 0 0 rg BT 267.16 539.10 Td ( pension curtailment gain of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.85 539.10 Td ($2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.25 539.10 Td ( and net actuarial gains of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 527.10 Td ($91 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.89 527.10 Td ( resulting from pension and OPEB remeasurements in connection with our Melrose Park Facility announcement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 515.10 Td (were recognized as a component of ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 193.32 515.10 Td (Accumulated other compr) Tj ET Q q 0 0 0 rg BT 296.81 515.10 Td (ehensive loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.30 515.10 Td ( in the third quarter of 2017.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (In 2019 and 2017, in accordance with the intraperiod tax allocation rules, we recorded a net benefit of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.34 497.10 Td ($5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.74 497.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.17 497.10 Td ($28 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 485.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 131.05 485.10 Td (, related to domestic continuing operations in Income tax expense in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 422.36 485.10 Td (Consolidated Statements of ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 473.10 Td (Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.50 473.10 Td (, and an of) Tj ET Q q 0 0 0 rg BT 136.53 473.10 Td (fsetting reduction in) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 217.06 473.10 Td ( Other compr) Tj ET Q q 0 0 0 rg BT 270.57 473.10 Td (ehensive income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.38 473.10 Td ( due to the remeasurement of certain pension and OPEB ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.10 Td (plans.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.10 Td (The estimated amounts for the defined benefit pension plans and the other postretirement benefit plans that will be amortized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 431.10 Td (from ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 71.44 431.10 Td (AOCL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.00 431.10 Td ( into net periodic benefit expense over the next fiscal year are as follows: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409 394.6 m 484 394.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 394.6 m 563 394.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409 394.6 m 484 394.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 394.6 m 563 394.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 398.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.85 398.83 Td (Pension Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.10 406.68 Td (Health and Life) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 493.10 398.68 Td (Insurance Benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 384.27 Td (Amortization of prior service cost \(benefit\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.50 384.17 Td (........................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.50 384.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.15 384.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.50 384.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 384.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 369.27 Td (Amortization of cumulative losses/\(gains\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.00 369.17 Td (.........................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.15 369.27 Td (97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 369.32 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 369.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.10 Td (Cumulative unrecognized actuarial gains and losses for postretirement benefit plans, where substantially all of the plan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 335.10 Td (participants are inactive, are amortized over the average remaining life expectancy of the inactive plan participants. Otherwise, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.10 Td (cumulative gains and losses are amortized over the average remaining service period of active employees. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.10 Td (Plan amendments unrelated to negotiated labor contracts are amortized over the average remaining service period of active ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 293.10 Td (employees or the remaining life expectancy of the inactive participants based upon the nature of the amendment and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 281.10 Td (participants impacted. Plan amendments arising from negotiated labor contracts are amortized over the length of the contract. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 263.10 Td (Assumptions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 246.60 Td (The weighted average rate assumptions used in determining benefit obligations for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.71 246.60 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.42 246.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.85 246.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.85 246.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 234.60 Td (are: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378 196.10000000000002 m 421 196.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 196.10000000000002 m 425 196.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 196.10000000000002 m 468 196.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472 196.10000000000002 m 515 196.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515 196.10000000000002 m 519 196.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 519 196.10000000000002 m 563 196.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378 196.10000000000002 m 421 196.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378 181.10000000000002 m 421 181.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 196.10000000000002 m 468 196.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 181.10000000000002 m 468 181.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472 196.10000000000002 m 515 196.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472 181.10000000000002 m 515 181.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 519 196.10000000000002 m 563 196.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 519 181.10000000000002 m 563 181.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378 181.10000000000002 m 421 181.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 181.10000000000002 m 468 181.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472 181.10000000000002 m 515 181.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 519 181.10000000000002 m 563 181.10000000000002 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 200.77 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.85 200.33 Td (PensionBenefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.10 208.33 Td (Health and Life) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 485.10 200.33 Td (Insurance Benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 185.77 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.00 185.33 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 438.00 185.33 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 485.00 185.33 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.50 185.33 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 170.77 Td (Discount rate used to determine present value of benefit obligation at end of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 160.77 Td (year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 160.67 Td (.........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 398.00 160.78 Td (3.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 410.50 160.78 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.65 160.77 Td (4.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.15 160.77 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 492.00 160.78 Td (3.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 504.50 160.78 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 160.77 Td (4.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 160.77 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 145.77 Td (Expected rate of increase in future compensation levels) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.50 145.67 Td (........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 398.00 145.78 Td (3.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 410.50 145.78 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.65 145.77 Td (3.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.15 145.77 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.50 145.78 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 145.77 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 123.60 Td (The weighted average rate assumptions used in determining net postretirement benefits expense for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 123.60 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 123.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 123.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 123.60 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.58 123.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.58 123.60 Td ( were: ) Tj ET Q endstream endobj 183 0 obj <> endobj 184 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (91) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 698.5 m 389 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 698.5 m 393 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 698.5 m 424 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 698.5 m 428 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 698.5 m 458 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462 698.5 m 494 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 698.5 m 498 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 698.5 m 528 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 528 698.5 m 532 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532 698.5 m 563 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 698.5 m 389 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 685.5 m 389 685.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 698.5 m 424 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 685.5 m 424 685.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 698.5 m 458 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 685.5 m 458 685.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462 698.5 m 494 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462 685.5 m 494 685.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 698.5 m 498 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 698.5 m 528 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 685.5 m 528 685.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 528 698.5 m 532 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532 698.5 m 563 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532 685.5 m 563 685.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 379.35 702.73 Td (Pension Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.95 710.73 Td (Health and Life Insurance) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.20 702.73 Td (Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 365.00 689.73 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.00 689.73 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 434.50 689.73 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.50 689.73 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 504.50 689.73 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.00 689.73 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 676.07 Td (Discount rate used to determine service cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.50 676.07 Td (..................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.00 676.18 Td (4.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 378.50 676.18 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.60 676.07 Td (3.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.15 676.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.60 676.07 Td (3.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 676.07 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.00 676.18 Td (4.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.50 676.18 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.60 676.07 Td (3.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.15 676.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.60 676.07 Td (4.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 676.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 662.07 Td (Discount rate used to determine interest cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.00 662.07 Td (.................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.00 662.18 Td (4.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 378.50 662.18 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.60 662.07 Td (3.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.15 662.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.60 662.07 Td (2.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 662.07 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.00 662.18 Td (4.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.50 662.18 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.60 662.07 Td (3.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.15 662.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.60 662.07 Td (2.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 662.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 648.07 Td (Expected long-term rate of return on plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.50 648.07 Td (............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.00 648.18 Td (7.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 378.50 648.18 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.60 648.07 Td (7.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.15 648.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.60 648.07 Td (7.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 648.07 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.00 648.18 Td (7.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.50 648.18 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.60 648.07 Td (7.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.15 648.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.60 648.07 Td (7.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 648.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 634.07 Td (Expected rate of increase in future compensation levels) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.50 634.07 Td (................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.00 634.18 Td (3.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 378.50 634.18 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.60 634.07 Td (3.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.15 634.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.60 634.07 Td (3.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 634.07 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.50 634.18 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.10 634.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.10 634.07 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 612.00 Td (The actuarial assumptions used to compute the net postretirement benefits expense \(income\) are based upon information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 600.00 Td (available as of the beginning of the year) Tj ET Q q 0 0 0 rg BT 209.31 600.00 Td (, specifically market interest rates, past experience, and our best estimate of future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 588.00 Td (economic conditions. Changes in these assumptions may impact the measurement of future benefit costs and obligations. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 576.00 Td (computing future costs and obligations, we must make assumptions about such things as employee mortality and turnover) Tj ET Q q 0 0 0 rg BT 536.52 576.00 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 564.00 Td (expected salary and wage increases, discount rates, expected returns on plan assets, and expected future cost increases. ) Tj ET Q q 0 0 0 rg BT 526.62 564.00 Td (Three of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 552.00 Td (these items have a significant impact on the level of expense recognized: \(i\)discount rates, \(ii\)expected rates of return on plan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 540.00 Td (assets, and \(iii\)healthcare cost trend rates. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 522.00 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 522.00 Td (e determine the discount rate for our pension and OPEB obligations by matching anticipated future benefit payments for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 510.00 Td (plans to a high-quality corporate bond yield curve to establish a weighted average discount rate for each plan. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 492.00 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 492.00 Td (e determine our assumption as to expected return on plan assets by evaluating historical performance, investment community ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 480.00 Td (forecasts, and current market conditions. ) Tj ET Q q 0 0 0 rg BT 214.54 480.00 Td (W) Tj ET Q q 0 0 0 rg BT 223.18 480.00 Td (e consider the current asset mix as well as our tar) Tj ET Q q 0 0 0 rg BT 419.59 480.00 Td (geted asset mix when establishing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 468.00 Td (the expected return on plan assets. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 450.00 Td (Health care cost trend rates have been established through a review of actual recent cost trends and projected future trends. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 438.00 Td (retiree medical and drug cost trend assumptions are our best estimate of expected inflationary increases to healthcare costs. Due ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 426.00 Td (to the number of former employees and their beneficiaries included in our retiree population \(approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.62 426.00 Td (30,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.12 426.00 Td (\), the trend ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 414.00 Td (assumptions are based upon both our specific trends and nationally expected trends. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 396.00 Td (The weighted average rate of increase in the per capita cost of postretirement health care benefits provided through U.S.plans ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 384.00 Td (representing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.42 384.00 Td (90%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.75 384.00 Td ( of our other postretirement benefit obligation, is projected to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.12 384.00 Td (10.1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.95 384.00 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.73 384.00 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.73 384.00 Td ( and was estimated as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.87 384.00 Td (14.4%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.70 384.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 372.00 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.66 372.00 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.66 372.00 Td (. Our projections assume that the rate will decrease to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.53 372.00 Td (5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.86 372.00 Td ( by the year 2024 and remain at that level each year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 360.00 Td (thereafter) Tj ET Q q 0 0 0 rg BT 87.25 360.00 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 342.00 Td (The ef) Tj ET Q q 0 0 0 rg BT 75.13 342.00 Td (fect of changing the health care cost trend rate by one-percentage point for each future year is as follows: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 304.5 m 489 304.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 304.5 m 563 304.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 304.5 m 489 304.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 304.5 m 563 304.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 308.73 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.25 316.73 Td (One-Per) Tj ET Q q 0 0 0 rg BT 455.05 316.73 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.00 308.73 Td (Point Incr) Tj ET Q q 0 0 0 rg BT 463.81 308.73 Td (ease ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.25 316.73 Td (One-Per) Tj ET Q q 0 0 0 rg BT 528.98 316.73 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 502.10 308.73 Td (Point Decr) Tj ET Q q 0 0 0 rg BT 538.61 308.73 Td (ease ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 295.07 Td (Ef) Tj ET Q q 0 0 0 rg BT 61.85 295.07 Td (fect on total of service and interest cost components) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.50 295.07 Td (..........................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 295.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 295.07 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.50 295.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 295.12 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 295.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 281.07 Td (Ef) Tj ET Q q 0 0 0 rg BT 61.76 281.07 Td (fect on postretirement benefit obligation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.00 281.07 Td (.............................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.15 281.07 Td (141) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.80 281.12 Td (\(1) Tj ET Q q 0 0 0 rg BT 549.13 281.12 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 281.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 256.00 Td (Plan ) Tj ET Q q 0 0 0 rg BT 71.08 256.00 Td (Assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 238.00 Td (The accounting guidance on fair value measurements specifies a fair value hierarchy based upon the observability of inputs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 226.00 Td (used in valuation techniques \(Level 1, 2 and 3\). See Note 13, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 295.82 226.00 Td (Fair V) Tj ET Q q 0 0 0 rg BT 321.10 226.00 Td (alue Measur) Tj ET Q q 0 0 0 rg BT 371.00 226.00 Td (ements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.77 226.00 Td (, for a discussion of the fair value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 214.00 Td (hierarchy) Tj ET Q q 0 0 0 rg BT 86.60 214.00 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 196.00 Td (The following describes the methods and significant assumptions used to estimate fair value of the investments: ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 58.50 178.00 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 72.00 178.00 Td (Cash and short-term investments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.94 178.00 Td (V) Tj ET Q q 0 0 0 rg BT 220.05 178.00 Td (alued at cost plus earnings from investments for the period, which approximates fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 166.00 Td (market value due to the short-term duration. Cash equivalents are valued at net asset value as provided by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 154.00 Td (administrator of the fund. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 58.50 136.00 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 72.00 136.00 Td (U.S. Government and agency securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.29 136.00 Td (V) Tj ET Q q 0 0 0 rg BT 246.40 136.00 Td (alued at the closing price reported on the active market on which the security ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 124.00 Td (is traded or valued by the trustee at year) Tj ET Q q 0 0 0 rg BT 231.74 124.00 Td (-end using various pricing services of financial institutions, including Interactive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 112.00 Td (Data Corporation, Standard& Poor's and SIX ) Tj ET Q q 0 0 0 rg BT 257.48 112.00 Td (T) Tj ET Q q 0 0 0 rg BT 262.89 112.00 Td (elekurs. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 58.50 94.00 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 72.00 94.00 Td (Corporate debt securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.21 94.00 Td (V) Tj ET Q q 0 0 0 rg BT 190.33 94.00 Td (alued by the trustee at year) Tj ET Q q 0 0 0 rg BT 297.58 94.00 Td (-end using various pricing services of financial institutions, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 82.00 Td (including Interactive Data Corporation, Standard& Poor's and SIX ) Tj ET Q q 0 0 0 rg BT 343.01 82.00 Td (T) Tj ET Q q 0 0 0 rg BT 348.42 82.00 Td (elekurs. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 58.50 64.00 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 72.00 64.00 Td (Common and pr) Tj ET Q q 0 0 0 rg BT 136.63 64.00 Td (eferr) Tj ET Q q 0 0 0 rg BT 155.70 64.00 Td (ed stock) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.19 64.00 Td (V) Tj ET Q q 0 0 0 rg BT 204.30 64.00 Td (alued at the closing price reported on the active market on which the security is traded. ) Tj ET Q endstream endobj 185 0 obj <> endobj 186 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (92) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 58.50 713.10 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 72.00 713.10 Td (Collective trusts, Partnerships/joint ventur) Tj ET Q q 0 0 0 rg BT 242.73 713.10 Td (e inter) Tj ET Q q 0 0 0 rg BT 268.18 713.10 Td (ests, Real estate and Hedge funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.60 713.10 Td (V) Tj ET Q q 0 0 0 rg BT 418.71 713.10 Td (alued at the net asset value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 701.10 Td (provided by the administrator of the fund. ) Tj ET Q q 0 0 0 rg BT 241.78 701.10 Td (The net asset value is based on the value of the underlying assets owned by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 689.10 Td (fund, minus its liabilities, divided by the number of units outstanding. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 671.10 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 72.00 671.10 Td (Insurance Linked Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.64 671.10 Td (V) Tj ET Q q 0 0 0 rg BT 199.75 671.10 Td (alued at the net asset value provided by the administrator of the fund. ) Tj ET Q q 0 0 0 rg BT 478.93 671.10 Td (The net asset value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 659.10 Td (is based on the value of the underlying assets owned by the fund, minus its liabilities, then divided by the number of units ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 647.10 Td (outstanding.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 629.10 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 72.00 629.10 Td (Derivatives) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.09 629.10 Td (V) Tj ET Q q 0 0 0 rg BT 134.21 629.10 Td (alued monthly for the trustee using various pricing services of financial institutions, including Interactive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 617.10 Td (Data Corporation, Standard & Poor) Tj ET Q q 0 0 0 rg BT 214.29 617.10 Td () Tj ET Q q 0 0 0 rg BT 217.07 617.10 Td (s and SIX ) Tj ET Q q 0 0 0 rg BT 258.83 617.10 Td (T) Tj ET Q q 0 0 0 rg BT 264.24 617.10 Td (elekurs. ) Tj ET Q q 0 0 0 rg BT 297.94 617.10 Td (V) Tj ET Q q 0 0 0 rg BT 304.05 617.10 Td (alued monthly by the trustee using various providers of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 605.10 Td (derivatives pricing, most notably Numerix, Markit and Super Derivatives.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (Pension ) Tj ET Q q 0 0 0 rg BT 84.04 587.10 Td (Assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (The fair value of the pension plan assets by category is summarized below:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216 539.6 m 245 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245 539.6 m 249 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249 539.6 m 284 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 539.6 m 288 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 539.6 m 314 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314 539.6 m 318 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318 539.6 m 347 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347 539.6 m 351 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 539.6 m 386 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 539.6 m 422 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 539.6 m 426 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426 539.6 m 461 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 539.6 m 465 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465 539.6 m 491 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491 539.6 m 495 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 539.6 m 524 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 524 539.6 m 528 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 528 539.6 m 563 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216 518.6 m 245 518.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249 518.6 m 284 518.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 518.6 m 314 518.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318 518.6 m 347 518.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 518.6 m 386 518.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 518.6 m 422 518.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426 518.6 m 461 518.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465 518.6 m 491 518.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 518.6 m 524 518.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 528 518.6 m 563 518.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216 204.60000000000002 m 245 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249 204.60000000000002 m 284 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 204.60000000000002 m 314 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318 204.60000000000002 m 347 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 204.60000000000002 m 386 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 204.60000000000002 m 422 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426 204.60000000000002 m 461 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465 204.60000000000002 m 491 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 204.60000000000002 m 524 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 528 204.60000000000002 m 563 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216 204.60000000000002 m 245 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216 190.60000000000002 m 245 190.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216 188.60000000000002 m 245 188.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249 204.60000000000002 m 284 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249 190.60000000000002 m 284 190.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249 188.60000000000002 m 284 188.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 204.60000000000002 m 314 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 190.60000000000002 m 314 190.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 188.60000000000002 m 314 188.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318 204.60000000000002 m 347 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318 190.60000000000002 m 347 190.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318 188.60000000000002 m 347 188.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 204.60000000000002 m 386 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 190.60000000000002 m 386 190.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 188.60000000000002 m 386 188.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 204.60000000000002 m 422 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 190.60000000000002 m 422 190.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 188.60000000000002 m 422 188.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426 204.60000000000002 m 461 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426 190.60000000000002 m 461 190.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426 188.60000000000002 m 461 188.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465 204.60000000000002 m 491 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465 190.60000000000002 m 491 190.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465 188.60000000000002 m 491 188.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 204.60000000000002 m 524 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 190.60000000000002 m 524 190.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 188.60000000000002 m 524 188.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 528 204.60000000000002 m 563 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 528 190.60000000000002 m 563 190.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 528 188.60000000000002 m 563 188.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 261.80 543.83 Td (As of October) Tj ET Q q 0 0 0 rg BT 309.27 543.83 Td ( 31, 2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 438.80 543.83 Td (As of October) Tj ET Q q 0 0 0 rg BT 486.27 543.83 Td ( 31, 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 522.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 220.65 530.83 Td (Level) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 228.00 522.83 Td (1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.65 530.83 Td (Level) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 264.00 522.83 Td (2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 291.15 530.83 Td (Level) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 298.50 522.83 Td (3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 323.90 522.83 Td (NA) Tj ET Q q 0 0 0 rg BT 334.94 522.83 Td (V) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.25 522.83 Td (T) Tj ET Q q 0 0 0 rg BT 364.22 522.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.65 530.83 Td (Level) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.00 522.83 Td (1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.65 530.83 Td (Level) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.00 522.83 Td (2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.15 530.83 Td (Level) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.50 522.83 Td (3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.90 522.83 Td (NA) Tj ET Q q 0 0 0 rg BT 511.94 522.83 Td (V) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 536.25 522.83 Td (T) Tj ET Q q 0 0 0 rg BT 540.85 522.83 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 508.27 Td (Asset Category) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 493.27 Td (Cash and Cash Equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.00 493.17 Td (.............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 218.50 493.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.10 493.28 Td (68) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 251.50 493.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 270.15 493.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 290.50 493.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.10 493.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 320.50 493.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.10 493.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.50 493.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.15 493.28 Td (68) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.50 493.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 493.27 Td (77) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.50 493.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 493.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.50 493.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 493.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.50 493.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.10 493.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.50 493.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 493.27 Td (77) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 52.50 478.31 Td (Collective T) Tj ET Q q 0 0 0 rg BT 100.55 478.31 Td (rusts and Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 463.27 Td (U.S. Equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.50 463.17 Td (......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 226.10 463.28 Td (281) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 270.15 463.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.10 463.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.10 463.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 367.10 463.28 Td (281) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.10 463.27 Td (293) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 463.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 463.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.10 463.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.10 463.27 Td (293) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 448.27 Td (Canadian Equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.50 448.17 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.10 448.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 270.15 448.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.10 448.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.10 448.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.15 448.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 448.27 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 448.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 448.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.10 448.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 448.27 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 433.27 Td (International Equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.50 433.17 Td (........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 226.10 433.28 Td (283) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 270.15 433.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.10 433.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.10 433.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 367.10 433.28 Td (283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.10 433.27 Td (270) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 433.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 433.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.10 433.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.10 433.27 Td (270) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 418.27 Td (Global Equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.50 418.17 Td (..................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 226.10 418.28 Td (219) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 270.15 418.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.10 418.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.10 418.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 367.10 418.28 Td (219) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.10 418.27 Td (205) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 418.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 418.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.10 418.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.10 418.27 Td (205) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 403.27 Td (Fixed Income - Long Duration) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 393.27 Td (Credit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.50 393.17 Td (..............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.10 393.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.10 393.28 Td (296) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.10 393.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.10 393.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 367.10 393.28 Td (296) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 393.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.10 393.27 Td (283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 393.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.10 393.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.10 393.27 Td (283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 379.17 Td (Fixed Income - Long Duration) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 369.17 Td (Government) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 369.17 Td (....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.10 369.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.10 369.28 Td (173) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.10 369.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.10 369.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 367.10 369.28 Td (173) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 369.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.10 369.27 Td (156) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 369.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.10 369.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.10 369.27 Td (156) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 354.27 Td (Fixed Income - Intermediate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 344.27 Td (Duration Government) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.00 344.17 Td (.....................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.10 344.27 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 270.15 344.28 Td (79) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.10 344.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.10 344.27 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.15 344.28 Td (79) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 344.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 344.27 Td (48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 344.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.10 344.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 344.27 Td (48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 329.27 Td (Fixed Income - High ) Tj ET Q q 0 0 0 rg BT 156.41 329.27 Td (Y) Tj ET Q q 0 0 0 rg BT 163.17 329.27 Td (ield) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.00 329.17 Td (.............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.10 329.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.10 329.28 Td (154) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.10 329.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.10 329.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 367.10 329.28 Td (154) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 329.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.10 329.27 Td (157) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 329.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.10 329.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.10 329.27 Td (157) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 314.27 Td (Fixed Income - Canadian Bond) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.50 314.17 Td (......) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.10 314.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 270.15 314.28 Td (20) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.10 314.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.10 314.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.15 314.28 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 314.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.10 314.27 Td (194) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 314.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.10 314.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.10 314.27 Td (194) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 299.27 Td (Global Real Estate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.50 299.17 Td (..........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.10 299.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.10 299.28 Td (138) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.10 299.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.10 299.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 367.10 299.28 Td (138) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 299.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.10 299.27 Td (135) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 299.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.10 299.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.10 299.27 Td (135) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 284.27 Td (Global Infrastructure) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.00 284.17 Td (.......................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.10 284.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 270.15 284.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.10 284.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.10 284.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.15 284.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 284.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 284.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 284.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.15 284.27 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 284.27 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 269.27 Td (Insurance linked Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.00 269.17 Td (.............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.10 269.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 270.15 269.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.10 269.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.10 269.28 Td (34) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.15 269.28 Td (34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 269.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 269.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 269.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.10 269.27 Td (45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 269.27 Td (45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 254.27 Td (Hedge Fund of Funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.50 254.17 Td (......................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.10 254.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 270.15 254.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.10 254.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.10 254.28 Td (187) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 367.10 254.28 Td (187) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 254.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 254.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 254.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.10 254.27 Td (202) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.10 254.27 Td (202) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 239.27 Td (Private Equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.00 239.17 Td (.................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.10 239.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 270.15 239.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.10 239.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.10 239.28 Td (23) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.15 239.28 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 239.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 239.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 239.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.10 239.27 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 239.27 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 224.27 Td (Private Credit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.50 224.17 Td (..................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.10 224.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 270.15 224.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.10 224.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.10 224.28 Td (47) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.15 224.28 Td (47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 224.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 224.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 224.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.10 224.27 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 224.27 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 209.27 Td (Real Estate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.50 209.17 Td (......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 231.10 209.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 270.15 209.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.10 209.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 338.15 209.28 Td (9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.15 209.28 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 209.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 209.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 209.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.10 209.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 209.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 194.27 Td (T) Tj ET Q q 0 0 0 rg BT 93.91 194.27 Td (otal) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 108.91 198.80 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.00 194.17 Td (.....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 218.50 194.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 226.10 194.28 Td (851) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 251.50 194.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.10 194.28 Td (860) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 290.50 194.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.10 194.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 320.50 194.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.10 194.28 Td (300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.50 194.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 359.60 194.28 Td (2,01) Tj ET Q q 0 0 0 rg BT 377.10 194.28 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.50 194.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.10 194.27 Td (861) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.50 194.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.10 194.27 Td (973) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.50 194.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 194.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.50 194.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.10 194.27 Td (310) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.50 194.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.60 194.27 Td (2,144) Tj ET Q BT /F1 10.00 Tf ET BT /F1 7.00 Tf ET q 0 0 0 rg BT 48.50 181.70 Td (___________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 48.50 172.10 Td (\(A\) ) Tj ET Q q 0 0 0 rg BT 67.50 172.10 Td (In addition, the table above includes the fair value of Canadian pension assets translated at the exchange rates as of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 437.37 172.10 Td (October 31, 2019) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 493.13 172.10 Td ( and ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 508.68 172.10 Td (2018) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 524.68 172.10 Td (, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 162.50 Td (respectively) Tj ET Q q 0 0 0 rg BT 105.63 162.50 Td (, while the change in the plan asset table includes the fair value of Canadian pension assets translated at historical foreign currency rates. ) Tj ET Q endstream endobj 187 0 obj <> endobj 188 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (93) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (Other ) Tj ET Q q 0 0 0 rg BT 75.33 713.10 Td (Postr) Tj ET Q q 0 0 0 rg BT 96.63 713.10 Td (etir) Tj ET Q q 0 0 0 rg BT 110.14 713.10 Td (ement ) Tj ET Q q 0 0 0 rg BT 136.52 713.10 Td (Benefits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.10 Td (The fair value of other postretirement benefit plan assets by category is summarized below:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 665.6 m 243 665.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243 665.6 m 247 665.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247 665.6 m 280 665.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280 665.6 m 284 665.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 665.6 m 313 665.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313 665.6 m 317 665.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317 665.6 m 346 665.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346 665.6 m 350 665.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 665.6 m 386 665.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 665.6 m 422 665.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 665.6 m 426 665.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426 665.6 m 462 665.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462 665.6 m 466 665.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 665.6 m 495 665.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 665.6 m 499 665.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 665.6 m 528 665.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 528 665.6 m 532 665.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532 665.6 m 563 665.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 642.6 m 243 642.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247 642.6 m 280 642.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 642.6 m 313 642.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317 642.6 m 346 642.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 642.6 m 386 642.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 642.6 m 422 642.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426 642.6 m 462 642.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 642.6 m 495 642.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 642.6 m 528 642.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532 665.6 m 563 665.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532 642.6 m 563 642.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 432.6 m 243 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247 432.6 m 280 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 432.6 m 313 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317 432.6 m 346 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 432.6 m 386 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 432.6 m 528 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 432.6 m 243 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 419.6 m 243 419.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 417.6 m 243 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247 432.6 m 280 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247 419.6 m 280 419.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247 417.6 m 280 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 432.6 m 313 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 419.6 m 313 419.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 417.6 m 313 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317 432.6 m 346 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317 419.6 m 346 419.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317 417.6 m 346 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 432.6 m 386 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 419.6 m 386 419.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 417.6 m 386 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 432.6 m 422 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 419.6 m 422 419.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 417.6 m 422 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426 432.6 m 462 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426 419.6 m 462 419.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426 417.6 m 462 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 432.6 m 495 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 419.6 m 495 419.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 417.6 m 495 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 432.6 m 528 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 419.6 m 528 419.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 417.6 m 528 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532 432.6 m 563 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532 419.6 m 563 419.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532 417.6 m 563 417.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 260.30 669.83 Td (As of October) Tj ET Q q 0 0 0 rg BT 307.77 669.83 Td ( 31, 2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 438.80 669.83 Td (As of October) Tj ET Q q 0 0 0 rg BT 486.27 669.83 Td ( 31, 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 646.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 218.15 654.83 Td (Level) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 225.50 646.83 Td (1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 253.65 654.83 Td (Level) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 261.00 646.83 Td (2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 288.65 654.83 Td (Level) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 296.00 646.83 Td (3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 322.90 646.83 Td (NA) Tj ET Q q 0 0 0 rg BT 333.94 646.83 Td (V) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 358.75 646.83 Td (T) Tj ET Q q 0 0 0 rg BT 363.72 646.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.65 654.83 Td (Level) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.00 646.83 Td (1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 434.15 654.83 Td (Level) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.50 646.83 Td (2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.65 654.83 Td (Level) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 478.00 646.83 Td (3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 504.90 646.83 Td (NA) Tj ET Q q 0 0 0 rg BT 515.94 646.83 Td (V) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 538.25 646.83 Td (T) Tj ET Q q 0 0 0 rg BT 542.85 646.83 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 633.17 Td (Asset Category) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 619.17 Td (Cash and Cash Equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.00 619.17 Td (...........) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 215.50 619.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 234.15 619.28 Td (8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.50 619.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.15 619.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 286.50 619.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.10 619.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 319.50 619.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.10 619.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 352.50 619.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.15 619.28 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.50 619.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 619.17 Td (1) Tj ET Q q 0 0 0 rg BT 413.10 619.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.50 619.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 619.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.50 619.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.10 619.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.50 619.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.10 619.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.50 619.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.10 619.17 Td (1) Tj ET Q q 0 0 0 rg BT 554.10 619.17 Td (1) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 52.50 605.16 Td (Fixed Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 591.17 Td (U.S. Credit Bonds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.50 591.17 Td (..........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 229.10 591.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.15 591.28 Td (58) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.10 591.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.10 591.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.15 591.28 Td (58) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 591.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 591.17 Td (61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.10 591.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.10 591.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.10 591.17 Td (61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 577.17 Td (Corporate and Government Bonds) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 229.10 577.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.15 577.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.10 577.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.10 577.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.15 577.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 577.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 577.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.10 577.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.10 577.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.10 577.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 563.17 Td (Government Bonds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.50 563.17 Td (........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 229.10 563.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.15 563.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.10 563.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.10 563.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.15 563.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 563.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 563.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.10 563.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.10 563.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.10 563.17 Td () Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 52.50 549.16 Td (Collective T) Tj ET Q q 0 0 0 rg BT 100.55 549.16 Td (rusts and Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 535.17 Td (U.S. Equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.50 535.17 Td (....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 229.10 535.28 Td (58) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.15 535.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.10 535.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.10 535.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.15 535.28 Td (58) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 535.17 Td (59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 535.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.10 535.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.10 535.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.10 535.17 Td (59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 521.17 Td (International Equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.00 521.17 Td (.......................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 229.10 521.28 Td (57) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.15 521.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.10 521.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.10 521.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.15 521.28 Td (57) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 521.17 Td (59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 521.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.10 521.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.10 521.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.10 521.17 Td (59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 507.17 Td (Fixed Income - Multi-Asset Credit) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 234.15 507.28 Td (9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.15 507.28 Td (19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.10 507.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.10 507.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.15 507.28 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 507.17 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 507.17 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.10 507.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.10 507.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.10 507.17 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 493.17 Td (Real Estate \(REIT) Tj ET Q q 0 0 0 rg BT 143.46 493.17 Td (s\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.00 493.17 Td (.......................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 229.10 493.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.15 493.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.10 493.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.10 493.28 Td (26) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.15 493.28 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 493.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 493.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.10 493.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.10 493.17 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.10 493.17 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 479.17 Td (Mutual Fund) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.50 479.17 Td (..................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 229.10 479.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.15 479.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.10 479.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.10 479.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.15 479.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 479.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 479.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.10 479.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.10 479.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.10 479.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 465.17 Td (Insurance Linked Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.50 465.17 Td (..........) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 229.10 465.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.15 465.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.10 465.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.15 465.28 Td (6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.15 465.28 Td (6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 408.10 465.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.15 465.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.10 465.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.15 465.17 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 465.17 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 451.17 Td (Hedge Fund of Funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.50 451.17 Td (....................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 229.10 451.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.15 451.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.10 451.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.10 451.28 Td (37) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.15 451.28 Td (37) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 451.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 451.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.10 451.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.10 451.17 Td (39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.10 451.17 Td (39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 437.17 Td (Private Equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.50 437.17 Td (................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 229.10 437.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.15 437.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.10 437.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.15 437.28 Td (5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.15 437.28 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 437.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 437.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.10 437.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.15 437.17 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 437.17 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 423.17 Td (T) Tj ET Q q 0 0 0 rg BT 93.91 423.17 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.50 423.17 Td (........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 215.50 423.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 224.10 423.28 Td (132) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.50 423.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.15 423.28 Td (77) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 286.50 423.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.10 423.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 319.50 423.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.10 423.28 Td (74) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 352.50 423.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 367.10 423.28 Td (283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.50 423.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.10 423.17 Td (138) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.50 423.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 423.17 Td (78) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.50 423.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.10 423.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.50 423.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.10 423.17 Td (81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.50 423.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.10 423.17 Td (297) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (The investment strategy of the postretirement pension plans \(the "Plans"\) is based on many factors including broad economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (factors, historical and prospective information regarding capital market performance, investment strategies available to an asset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.10 Td (pool of this size, the current regulatory environment, the Plans) Tj ET Q q 0 0 0 rg BT 301.75 377.10 Td ( liabilities and the expected interaction between assets and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.10 Td (liabilities.) Tj ET Q q 0 0 0 rg BT 91.54 365.10 Td (The primary objective of the strategy is to manage assets in such a way that will allow the eventual satisfaction of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 353.10 Td (obligations to the Plans) Tj ET Q q 0 0 0 rg BT 145.70 353.10 Td ( participants and beneficiaries.) Tj ET Q q 0 0 0 rg BT 270.18 353.10 Td (T) Tj ET Q q 0 0 0 rg BT 275.59 353.10 Td (o meet the primary objective the portfolios will be structured to provide ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 341.10 Td (liquidity to meet the Plans) Tj ET Q q 0 0 0 rg BT 157.08 341.10 Td ( benefit payment obligations and administration expenses, of) Tj ET Q q 0 0 0 rg BT 400.17 341.10 Td (fer a reasonable probability of achieving ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 329.10 Td (growth in assets that will assist in closing the Plans) Tj ET Q q 0 0 0 rg BT 256.80 329.10 Td ( funding gap and enable the Plans to satisfy their liabilities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.10 Td (Given the relationship between risk and return a moderately aggressive risk profile was implemented.Primary emphasis is to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 299.10 Td (strike a balance between portfolio stability and portfolio appreciation.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 281.10 Td (In line with the Plans' return objectives and risk parameters, tar) Tj ET Q q 0 0 0 rg BT 301.88 281.10 Td (get asset allocations are approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.32 281.10 Td (70%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 281.10 Td ( return-seeking ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.10 Td (assets and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.27 269.10 Td (30%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.60 269.10 Td ( liability-hedging assets. ) Tj ET Q q 0 0 0 rg BT 210.40 269.10 Td (The return-seeking assets include long only equities \(both active and passive, domestic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.10 Td (and international, across the capitalization range\) to capture long-term growth opportunities, hedge fund of funds to diversify ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.10 Td (the equity beta, return seeking credit \(including high yield debt, emer) Tj ET Q q 0 0 0 rg BT 326.45 245.10 Td (ging market debt and bank loans\) to provide a meaningful ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.10 Td (level of absolute return and diversify equity beta, global real estate to diversify the equity beta and private equity) Tj ET Q q 0 0 0 rg BT 500.09 233.10 Td (.) Tj ET Q q 0 0 0 rg BT 504.91 233.10 Td (The liability-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.10 Td (hedging assets are invested in high-quality) Tj ET Q q 0 0 0 rg BT 219.09 221.10 Td (, investment grade bonds with durations that approximate the durations of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 209.10 Td (liabilities.) Tj ET Q q 0 0 0 rg BT 91.54 209.10 Td (The objective of the liability hedging assets is to dampen the Plans) Tj ET Q q 0 0 0 rg BT 361.01 209.10 Td ( surplus volatility) Tj ET Q q 0 0 0 rg BT 430.36 209.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.10 Td (All assets are managed by external investment managers.Each investment manager is expected to prudently manage the assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.10 Td (in a manner consistent with the investment objectives, guidelines, and constraints outlined in their Investment Management ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.10 Td (Agreements and the Investment Policy Statement. Managers are not permitted to invest outside of the asset class mandate \(i.e., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.10 Td (equity) Tj ET Q q 0 0 0 rg BT 73.85 155.10 Td (, fixed income, alternatives\) or strategy for which they are appointed.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 134.10 Td (Expected Future Benefit Payments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 116.10 Td (The expected future benefit payments for the years ending October31, 2020 through 2024 and the five years ending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 104.10 Td (October31, 2029 are estimated as follows:) Tj ET Q endstream endobj 189 0 obj <> endobj 190 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (94) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 698.5 m 474 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478 698.5 m 563 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 698.5 m 474 698.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478 698.5 m 563 698.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 702.73 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.40 710.73 Td (Pension Benefit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.30 702.73 Td (Payments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.45 710.73 Td (Other) Tj ET Q q 0 0 0 rg BT 503.74 710.73 Td ( Postr) Tj ET Q q 0 0 0 rg BT 523.81 710.73 Td (etir) Tj ET Q q 0 0 0 rg BT 535.66 710.73 Td (ement ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 486.50 702.73 Td (Benefit Payments) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 546.27 706.36 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 689.07 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 689.07 Td (.............................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.50 689.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 689.07 Td (258) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.50 689.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 689.07 Td (66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 675.07 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 675.07 Td (.............................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 675.07 Td (253) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 675.07 Td (69) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 661.07 Td (2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 661.07 Td (.............................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 661.07 Td (246) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 661.07 Td (73) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 647.07 Td (2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 647.07 Td (.............................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 647.07 Td (240) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 647.07 Td (76) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 633.07 Td (2024) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 633.07 Td (.............................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 633.07 Td (233) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 633.07 Td (77) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 619.07 Td (2025 through 2029) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.50 619.07 Td (......................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 619.07 Td (1,057) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 619.07 Td (356) Tj ET Q BT /F1 10.00 Tf ET BT /F1 7.00 Tf ET q 0 0 0 rg BT 49.50 606.60 Td (________________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 597.00 Td (\(A\) ) Tj ET Q q 0 0 0 rg BT 67.50 597.00 Td (Payments are net of expected participant contributions and expected federal subsidy receipts. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 579.00 Td (Defined Contribution Plans and Other Contractual ) Tj ET Q q 0 0 0 rg BT 262.51 579.00 Td (Arrangements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 561.00 Td (Our defined contribution plans cover a substantial portion of domestic salaried employees and certain domestic represented ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 549.00 Td (employees. ) Tj ET Q q 0 0 0 rg BT 97.08 549.00 Td (The defined contribution plans contain a 401\(k\) feature and provide most participants with a matching contribution ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 537.00 Td (from the Company) Tj ET Q q 0 0 0 rg BT 124.39 537.00 Td (. Many participants covered by the plans receive annual Company contributions to their retirement accounts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 525.00 Td (based on an age-weighted percentage of the participant's eligible compensation for the calendar year) Tj ET Q q 0 0 0 rg BT 450.30 525.00 Td (. Defined contribution ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 513.00 Td (expense pursuant to these plans was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.13 513.00 Td ($35 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.52 513.00 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.30 513.00 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.30 513.00 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.30 513.00 Td ($33 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.69 513.00 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.47 513.00 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.47 513.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.91 513.00 Td ($29 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.30 513.00 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.08 513.00 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.08 513.00 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 495.00 Td (In accordance with the 1993 Settlement ) Tj ET Q q 0 0 0 rg BT 210.00 495.00 Td (Agreement, an independent Retiree Supplemental Benefit ) Tj ET Q q 0 0 0 rg BT 443.35 495.00 Td (T) Tj ET Q q 0 0 0 rg BT 449.11 495.00 Td (rust \(the "Supplemental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 483.00 Td (T) Tj ET Q q 0 0 0 rg BT 55.26 483.00 Td (rust"\) was established. ) Tj ET Q q 0 0 0 rg BT 147.47 483.00 Td (The Supplemental ) Tj ET Q q 0 0 0 rg BT 222.83 483.00 Td (T) Tj ET Q q 0 0 0 rg BT 228.59 483.00 Td (rust, and the benefits it provides to certain retirees pursuant to a certain Retiree ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 471.00 Td (Supplemental Benefit Program under the 1993 Settlement ) Tj ET Q q 0 0 0 rg BT 283.06 471.00 Td (Agreement \("Supplemental Benefit Program"\), is not part of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 459.00 Td (consolidated financial statements. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 441.00 Td (Our contingent profit sharing obligations under a certain Supplemental Benefit ) Tj ET Q q 0 0 0 rg BT 367.01 441.00 Td (T) Tj ET Q q 0 0 0 rg BT 372.77 441.00 Td (rust Profit Sharing Plan \("Supplemental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 429.00 Td (Benefit ) Tj ET Q q 0 0 0 rg BT 81.25 429.00 Td (T) Tj ET Q q 0 0 0 rg BT 87.01 429.00 Td (rust Profit Sharing Plan"\) will continue until certain funding tar) Tj ET Q q 0 0 0 rg BT 340.59 429.00 Td (gets defined by the 1993 Settlement ) Tj ET Q q 0 0 0 rg BT 486.12 429.00 Td (Agreement are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 417.00 Td (met. In 2019 and 2018, we recorded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.40 417.00 Td ($21 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.79 417.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.23 417.00 Td ($30 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.62 417.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 361.28 417.00 Td (, in profit sharing accruals based on the operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 405.00 Td (performance of the entities that are included in the determination of qualifying profits. For more information on pending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 393.00 Td (arbitration regarding the Supplemental Benefit ) Tj ET Q q 0 0 0 rg BT 238.43 393.00 Td (T) Tj ET Q q 0 0 0 rg BT 244.18 393.00 Td (rust Profit Sharing Plan, see Note 14, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 395.55 393.00 Td (Commitments and Contingencies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.77 393.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 375.00 Td (12. Income ) Tj ET Q q 0 0 0 rg BT 98.48 375.00 Td (T) Tj ET Q q 0 0 0 rg BT 104.23 375.00 Td (axes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 357.00 Td (On December 22, 2017, the ) Tj ET Q q 0 0 0 rg BT 162.34 357.00 Td (T) Tj ET Q q 0 0 0 rg BT 167.75 357.00 Td (ax ) Tj ET Q q 0 0 0 rg BT 179.14 357.00 Td (Act was signed into U.S. law) Tj ET Q q 0 0 0 rg BT 294.87 357.00 Td (. ) Tj ET Q q 0 0 0 rg BT 299.69 357.00 Td (The ) Tj ET Q q 0 0 0 rg BT 317.55 357.00 Td (T) Tj ET Q q 0 0 0 rg BT 322.96 357.00 Td (ax ) Tj ET Q q 0 0 0 rg BT 334.35 357.00 Td (Act reduces the statutory corporate income tax rate from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 345.00 Td (35% to 21%, ef) Tj ET Q q 0 0 0 rg BT 111.53 345.00 Td (fective January 1, 2018, required companies to pay a one-time transition tax on earnings of certain foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 333.00 Td (subsidiaries that were previously tax-deferred and created new taxes on certain foreign-sourced earnings.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 315.00 Td (The ) Tj ET Q q 0 0 0 rg BT 67.37 315.00 Td (T) Tj ET Q q 0 0 0 rg BT 72.78 315.00 Td (ax ) Tj ET Q q 0 0 0 rg BT 84.16 315.00 Td (Act also added many new provisions, which first applied to our taxable year beginning November 1, 2018, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 303.00 Td (changes ) Tj ET Q q 0 0 0 rg BT 84.21 303.00 Td (to ) Tj ET Q q 0 0 0 rg BT 94.49 303.00 Td (limits ) Tj ET Q q 0 0 0 rg BT 119.77 303.00 Td (on ) Tj ET Q q 0 0 0 rg BT 132.27 303.00 Td (the ) Tj ET Q q 0 0 0 rg BT 146.99 303.00 Td (deductions ) Tj ET Q q 0 0 0 rg BT 192.81 303.00 Td (for ) Tj ET Q q 0 0 0 rg BT 206.97 303.00 Td (executive ) Tj ET Q q 0 0 0 rg BT 247.78 303.00 Td (compensation ) Tj ET Q q 0 0 0 rg BT 305.82 303.00 Td (and ) Tj ET Q q 0 0 0 rg BT 322.76 303.00 Td (interest ) Tj ET Q q 0 0 0 rg BT 354.70 303.00 Td (expense, ) Tj ET Q q 0 0 0 rg BT 391.90 303.00 Td (a ) Tj ET Q q 0 0 0 rg BT 398.84 303.00 Td (tax ) Tj ET Q q 0 0 0 rg BT 413.56 303.00 Td (on ) Tj ET Q q 0 0 0 rg BT 426.06 303.00 Td (global ) Tj ET Q q 0 0 0 rg BT 453.55 303.00 Td (intangible ) Tj ET Q q 0 0 0 rg BT 496.04 303.00 Td (low) Tj ET Q /GS0 gs q 3.00 0 0 10.09 511.04 300.84 cm /I36 Do Q q 0 0 0 rg BT 514.04 303.00 Td (taxed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 291.00 Td (income ) Tj ET Q q 0 0 0 rg BT 81.43 291.00 Td (\(GIL) Tj ET Q q 0 0 0 rg BT 104.94 291.00 Td (TI\), ) Tj ET Q q 0 0 0 rg BT 127.15 291.00 Td (the ) Tj ET Q q 0 0 0 rg BT 141.87 291.00 Td (base ) Tj ET Q q 0 0 0 rg BT 162.14 291.00 Td (erosion ) Tj ET Q q 0 0 0 rg BT 194.08 291.00 Td (anti) Tj ET Q /GS0 gs q 3.00 0 0 10.09 209.07 288.84 cm /I37 Do Q q 0 0 0 rg BT 212.07 291.00 Td (abuse ) Tj ET Q q 0 0 0 rg BT 237.34 291.00 Td (tax ) Tj ET Q q 0 0 0 rg BT 252.05 291.00 Td (\(BEA) Tj ET Q q 0 0 0 rg BT 278.71 291.00 Td (T\) ) Tj ET Q q 0 0 0 rg BT 295.09 291.00 Td (and ) Tj ET Q q 0 0 0 rg BT 312.03 291.00 Td (a ) Tj ET Q q 0 0 0 rg BT 318.97 291.00 Td (deduction ) Tj ET Q q 0 0 0 rg BT 360.90 291.00 Td (for ) Tj ET Q q 0 0 0 rg BT 375.06 291.00 Td (foreign ) Tj ET Q q 0 0 0 rg BT 406.44 291.00 Td (derived ) Tj ET Q q 0 0 0 rg BT 438.92 291.00 Td (intangible ) Tj ET Q q 0 0 0 rg BT 481.41 291.00 Td (income ) Tj ET Q q 0 0 0 rg BT 513.35 291.00 Td (\(FDII\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 279.00 Td (Companies can either account for taxes on GIL) Tj ET Q q 0 0 0 rg BT 237.68 279.00 Td (TI as incurred or recognize deferred taxes when basis dif) Tj ET Q q 0 0 0 rg BT 464.90 279.00 Td (ferences exist that are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 267.00 Td (expected to af) Tj ET Q q 0 0 0 rg BT 105.40 267.00 Td (fect the amount of the GIL) Tj ET Q q 0 0 0 rg BT 211.38 267.00 Td (TI inclusion upon reversal. ) Tj ET Q q 0 0 0 rg BT 321.45 267.00 Td (The Company is electing to account for taxes on GIL) Tj ET Q q 0 0 0 rg BT 533.53 267.00 Td (TI as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 255.00 Td (incurred.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 237.00 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 237.00 Td (e have completed our accounting for the income tax ef) Tj ET Q q 0 0 0 rg BT 275.92 237.00 Td (fects of the ) Tj ET Q q 0 0 0 rg BT 322.66 237.00 Td (T) Tj ET Q q 0 0 0 rg BT 328.07 237.00 Td (ax ) Tj ET Q q 0 0 0 rg BT 339.46 237.00 Td (Act. ) Tj ET Q q 0 0 0 rg BT 358.72 237.00 Td (There were no significant changes from our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 225.00 Td (previous estimates or provisional amounts as permitted by the SEC) Tj ET Q q 0 0 0 rg BT 329.72 225.00 Td (s Staf) Tj ET Q q 0 0 0 rg BT 352.04 225.00 Td (f ) Tj ET Q q 0 0 0 rg BT 357.32 225.00 Td (Accounting Bulletin No. 1) Tj ET Q q 0 0 0 rg BT 463.05 225.00 Td (18 \(SAB\) issued on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 213.00 Td (December 22, 2017. ) Tj ET Q q 0 0 0 rg BT 132.90 213.00 Td (W) Tj ET Q q 0 0 0 rg BT 141.54 213.00 Td (e will continue to evaluate the ) Tj ET Q q 0 0 0 rg BT 264.09 213.00 Td (T) Tj ET Q q 0 0 0 rg BT 269.50 213.00 Td (ax ) Tj ET Q q 0 0 0 rg BT 280.89 213.00 Td (Act) Tj ET Q q 0 0 0 rg BT 298.11 213.00 Td (s impact, which may change as a result of additional ) Tj ET Q q 0 0 0 rg BT 509.81 213.00 Td (T) Tj ET Q q 0 0 0 rg BT 515.56 213.00 Td (reasury ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 201.00 Td (guidance, federal or state legislative actions, or changes in accounting standards or related interpretations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 183.00 Td (The following table presents the domestic and foreign components of ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 329.43 183.00 Td (Income \(loss\) fr) Tj ET Q q 0 0 0 rg BT 392.38 183.00 Td (om continuing operations befor) Tj ET Q q 0 0 0 rg BT 518.39 183.00 Td (e income ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 171.00 Td (taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.05 171.00 Td ( in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 98.66 171.00 Td (Consolidated Statements of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.59 171.00 Td (: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 140.5 m 454 140.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 140.5 m 458 140.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 140.5 m 508 140.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 140.5 m 512 140.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 140.5 m 562 140.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 126.5 m 454 126.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 126.5 m 508 126.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 126.5 m 562 126.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 126.5 m 454 126.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 126.5 m 508 126.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 126.5 m 562 126.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 98.5 m 454 98.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 85.5 m 454 85.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 83.5 m 454 83.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 98.5 m 508 98.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 85.5 m 508 85.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 83.5 m 508 83.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 98.5 m 562 98.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 85.5 m 562 85.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 83.5 m 562 83.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.55 144.73 Td (For) Tj ET Q q 0 0 0 rg BT 438.92 144.73 Td ( the ) Tj ET Q q 0 0 0 rg BT 453.36 144.73 Td (Y) Tj ET Q q 0 0 0 rg BT 458.54 144.73 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 526.47 144.73 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 51.50 130.73 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 420.50 130.73 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.50 130.73 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.50 130.73 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 117.07 Td (Domestic) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.50 117.07 Td (............................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.50 117.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.15 117.18 Td (220) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 117.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 117.07 Td (246) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 117.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.80 117.12 Td (\(74) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 117.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 103.07 Td (Foreign) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.00 103.07 Td (...............................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 440.15 103.18 Td (42) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 103.07 Td (174) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 103.07 Td (138) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 89.07 Td (Income from continuing operations before income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.50 89.07 Td (..........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.50 89.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.15 89.18 Td (262) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 89.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 89.07 Td (420) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 89.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 89.07 Td (64) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 67.00 Td (The following table presents the components of ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 242.51 67.00 Td (Income tax expense ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.30 67.00 Td (in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 349.41 67.00 Td (Consolidated Statements of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.35 67.00 Td (: ) Tj ET Q endstream endobj 191 0 obj <> endobj 192 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (95) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 705.5 m 454 705.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 705.5 m 458 705.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 705.5 m 508 705.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 705.5 m 512 705.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 705.5 m 562 705.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 691.5 m 454 691.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 691.5 m 508 691.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 691.5 m 562 691.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 635.5 m 454 635.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 621.5 m 454 621.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 635.5 m 508 635.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 621.5 m 508 621.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 635.5 m 562 635.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 621.5 m 562 621.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 565.5 m 454 565.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 551.5 m 454 551.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 565.5 m 508 565.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 551.5 m 508 551.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 565.5 m 562 565.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 551.5 m 562 551.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 538.5 m 454 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 536.5 m 454 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 538.5 m 508 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 536.5 m 508 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 538.5 m 562 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 536.5 m 562 536.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.55 709.73 Td (For) Tj ET Q q 0 0 0 rg BT 438.92 709.73 Td ( the ) Tj ET Q q 0 0 0 rg BT 453.36 709.73 Td (Y) Tj ET Q q 0 0 0 rg BT 458.54 709.73 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 526.47 709.73 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 51.50 695.73 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 420.50 695.73 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.50 695.73 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.50 695.73 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 682.18 Td (Curr) Tj ET Q q 0 0 0 rg BT 73.07 682.18 Td (ent:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 668.07 Td (Federal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.50 668.07 Td (........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.50 668.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.15 668.18 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 668.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 668.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 668.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 668.12 Td (\(4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 668.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 654.07 Td (State and local) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.50 654.07 Td (............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.15 654.18 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 654.07 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.80 654.12 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 654.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 640.07 Td (Foreign) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.00 640.07 Td (.......................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 440.15 640.18 Td (46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 640.07 Td (47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 640.07 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.50 626.07 Td (T) Tj ET Q q 0 0 0 rg BT 86.91 626.07 Td (otal current expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.00 626.07 Td (.............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.50 626.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 440.15 626.18 Td (51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 626.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 626.07 Td (48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 626.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 626.07 Td (16) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 612.18 Td (Deferr) Tj ET Q q 0 0 0 rg BT 79.63 612.18 Td (ed:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 598.07 Td (Federal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.50 598.07 Td (........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.50 598.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.80 598.23 Td (\(1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 598.18 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 598.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.80 598.12 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 598.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 598.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.80 598.12 Td (\(19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 598.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 584.07 Td (State and local) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.50 584.07 Td (............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.80 584.23 Td (\(5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 584.18 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 584.07 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 584.12 Td (\(4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 584.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 570.07 Td (Foreign) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.00 570.07 Td (.......................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.80 570.23 Td (\(26) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 570.18 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 570.07 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 570.07 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 556.07 Td (T) Tj ET Q q 0 0 0 rg BT 92.91 556.07 Td (otal deferred \(benefit\) expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.50 556.07 Td (..........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.50 556.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.80 556.23 Td (\(32) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 556.18 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 556.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 556.07 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 556.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 556.12 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 556.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.50 542.07 Td (T) Tj ET Q q 0 0 0 rg BT 110.91 542.07 Td (otal income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.00 542.07 Td (.............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.50 542.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 440.15 542.18 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 542.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 542.07 Td (52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 542.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 542.07 Td (10) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 517.00 Td (The following table presents a reconciliation of statutory federal income tax expense \(benefit\) recorded in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 475.16 517.00 Td (Income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.46 517.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 505.00 Td (in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 75.61 505.00 Td (Consolidated Statements of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.55 505.00 Td (: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 481.5 m 455 481.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455 481.5 m 459 481.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 481.5 m 509 481.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 481.5 m 513 481.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 481.5 m 563 481.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 468.5 m 455 468.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 468.5 m 509 468.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 468.5 m 563 468.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 468.5 m 455 468.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 468.5 m 509 468.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 468.5 m 563 468.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 300.5 m 455 300.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 287.5 m 455 287.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 285.5 m 455 285.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 300.5 m 509 300.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 287.5 m 509 287.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 285.5 m 509 285.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 300.5 m 563 300.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 287.5 m 563 287.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 285.5 m 563 285.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.55 485.73 Td (For) Tj ET Q q 0 0 0 rg BT 439.92 485.73 Td ( the ) Tj ET Q q 0 0 0 rg BT 454.36 485.73 Td (Y) Tj ET Q q 0 0 0 rg BT 459.54 485.73 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 527.47 485.73 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 472.73 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.50 472.73 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.50 472.73 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.50 472.73 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 459.07 Td (Federal income tax expense) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 163.84 463.60 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.00 459.07 Td (...........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.50 459.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.15 459.18 Td (55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 459.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 459.07 Td (98) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 459.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 459.07 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 445.07 Td (State income taxes, net of federal benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.50 445.07 Td (..........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.15 445.18 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 445.07 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 445.07 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 431.07 Td (Credits and incentives) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.50 431.07 Td (........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.15 431.18 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 431.07 Td (50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 431.12 Td (\(8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 431.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 417.07 Td (Adjustments to valuation allowances) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.50 417.07 Td (................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 437.80 417.23 Td (\(94) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.15 417.18 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 417.12 Td (\(1,120) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 417.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 417.07 Td (57) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 403.07 Td (Foreign operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.00 403.07 Td (.............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.15 403.18 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 403.07 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 403.12 Td (\(4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 403.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 389.07 Td (Adjustments to uncertain tax positions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.50 389.07 Td (..............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.15 389.18 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 389.07 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.80 389.12 Td (\(15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 389.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 375.07 Td (Intraperiod tax allocation of) Tj ET Q q 0 0 0 rg BT 164.31 375.07 Td (fset to equity components) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.00 375.07 Td (.....................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.80 375.23 Td (\(5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.15 375.18 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 375.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.80 375.12 Td (\(28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 375.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 361.07 Td (Non-controlling interest adjustment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.50 361.07 Td (..................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.80 361.23 Td (\(5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.15 361.18 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.80 361.12 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 361.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 361.12 Td (\(9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 361.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 347.07 Td (Foreign Inclusions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.00 347.07 Td (.............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.15 347.18 Td (34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 347.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 347.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 333.07 Td (T) Tj ET Q q 0 0 0 rg BT 58.26 333.07 Td (ax ) Tj ET Q q 0 0 0 rg BT 69.57 333.07 Td (Act Mandatory Repatriation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.00 333.07 Td (.......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.15 333.18 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 333.07 Td (34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 333.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 319.07 Td (T) Tj ET Q q 0 0 0 rg BT 57.91 319.07 Td (ax ) Tj ET Q q 0 0 0 rg BT 69.30 319.07 Td (Act US Deferred Remeasurement) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.15 319.18 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 319.07 Td (983) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 319.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 305.07 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 305.07 Td (..................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.15 305.18 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 305.07 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 305.12 Td (\(8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 305.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 291.07 Td (Recorded income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.50 291.07 Td (....................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.50 291.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.15 291.18 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 291.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 291.07 Td (52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 291.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 291.07 Td (10) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 277.40 Td (_________________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 264.80 Td (\(A\) ) Tj ET Q q 0 0 0 rg BT 85.50 264.80 Td (Federal income tax expense was taxed at a rate of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 246.32 264.80 Td (21%) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 260.98 264.80 Td ( for the year ended 2019, and ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 356.50 264.80 Td (23%) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 371.16 264.80 Td ( for the year ended 2018 and ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.68 264.80 Td (35%) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 479.35 264.80 Td ( for the year ended 2017.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 249.80 Td (The tax ef) Tj ET Q q 0 0 0 rg BT 89.85 249.80 Td (fect of pretax income or loss from continuing operations generally should be determined by a computation that does ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 237.80 Td (not consider the tax ef) Tj ET Q q 0 0 0 rg BT 138.18 237.80 Td (fects of items that are not included in continuing operations. ) Tj ET Q q 0 0 0 rg BT 380.62 237.80 Td (An exception to that incremental approach is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 225.80 Td (applied when there is a loss from continuing operations and income in another category of earnings \(for example, discontinued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 213.80 Td (operations, other comprehensive income, additional paid in capital, etc.\). In that situation, a tax provision is first allocated to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 201.80 Td (other categories of earnings. ) Tj ET Q q 0 0 0 rg BT 164.73 201.80 Td (A) Tj ET Q q 0 0 0 rg BT 171.40 201.80 Td ( related tax benefit is then recorded in continuing operations. ) Tj ET Q q 0 0 0 rg BT 416.98 201.80 Td (This exception to the general rule ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 189.80 Td (applies even when a valuation allowance is in place at the beginning and end of the year) Tj ET Q q 0 0 0 rg BT 401.59 189.80 Td (.) Tj ET Q q 0 0 0 rg BT 406.41 189.80 Td (While intraperiod tax allocations do ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 177.80 Td (not change the overall tax provision, it may result in a gross-up of the individual components, thereby changing the amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 165.80 Td (tax provision included in each category of income. During 2019 and 2017, we recorded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.61 165.80 Td ($5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.01 165.80 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.44 165.80 Td ($28 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.84 165.80 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 153.80 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 153.80 Td (, for intraperiod allocation benefits in domestic continuing operations associated with certain postretirement plan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 141.80 Td (remeasurement gains.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 123.80 Td (Not including the ef) Tj ET Q q 0 0 0 rg BT 129.58 123.80 Td (fect of the federal income tax rate change, we recognized an income tax benefit of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.52 123.80 Td ($94 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.91 123.80 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.35 123.80 Td ($137 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 111.80 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 111.80 Td (, and income tax expense of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.52 111.80 Td ($57 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.91 111.80 Td (, for the change in the valuation allowance for the years ended October 31, 2019, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 99.80 Td (2018 and 2017, respectively) Tj ET Q q 0 0 0 rg BT 161.60 99.80 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 81.80 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 81.80 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.71 81.80 Td (, undistributed earnings of foreign subsidiaries were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.21 81.80 Td ($357 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.60 81.80 Td (. Income taxes have not been provided on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 69.80 Td (foreign undistributed earnings, whether previously taxed or not, because they are either considered to be permanently invested ) Tj ET Q endstream endobj 193 0 obj <> endobj 194 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (96) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (in foreign subsidiaries or are expected to be repatriated without significant incremental U.S. federal, state or foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (withholding taxes. It is impracticable to determine the exact amount of unrecognized deferred tax liabilities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.10 Td (The following table presents the components of the deferred tax asset \(liability\): ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 651.6 m 508 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 651.6 m 512 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 651.6 m 562 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 636.6 m 508 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 636.6 m 562 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 538.6 m 508 538.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 538.6 m 562 538.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 510.6 m 508 510.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 497.6 m 508 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 495.6 m 508 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 510.6 m 562 510.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 497.6 m 562 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 495.6 m 562 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 468.6 m 508 468.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 455.6 m 508 455.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 453.6 m 508 453.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 468.6 m 562 468.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 455.6 m 562 455.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 453.6 m 562 453.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 479.80 655.83 Td (As of October) Tj ET Q q 0 0 0 rg BT 527.27 655.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 51.50 640.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.50 640.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.50 640.83 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 627.28 Td (Deferr) Tj ET Q q 0 0 0 rg BT 79.72 627.28 Td (ed tax assets attributable to:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 613.17 Td (Employee benefits liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.50 613.17 Td (............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.50 613.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 613.28 Td (578) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 613.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 613.17 Td (615) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 599.17 Td (Net operating loss \("NOL"\) carryforwards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.50 599.17 Td (......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 599.28 Td (782) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 599.17 Td (979) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 585.17 Td (Product liability and warranty accruals) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.50 585.17 Td (............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 585.28 Td (165) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 585.17 Td (172) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 571.17 Td (Research and development) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.50 571.17 Td (..............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 571.28 Td (144) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 571.17 Td (1) Tj ET Q q 0 0 0 rg BT 548.15 571.17 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 557.17 Td (T) Tj ET Q q 0 0 0 rg BT 75.26 557.17 Td (ax credit carryforwards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.50 557.17 Td (..................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 557.28 Td (196) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 557.17 Td (212) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 543.17 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.50 543.17 Td (................................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 543.28 Td (279) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 543.17 Td (238) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 529.17 Td (Gross deferred tax assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.50 529.17 Td (..........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.65 529.28 Td (2,144) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 529.17 Td (2,330) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 515.17 Td (Less: ) Tj ET Q q 0 0 0 rg BT 93.02 515.17 Td (V) Tj ET Q q 0 0 0 rg BT 99.60 515.17 Td (aluation allowances) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.50 515.17 Td (..............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.65 515.28 Td (2,01) Tj ET Q q 0 0 0 rg BT 499.15 515.28 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 515.17 Td (2,182) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 501.17 Td (Net deferred tax assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.50 501.17 Td (..............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.50 501.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 501.28 Td (133) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 501.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 501.17 Td (148) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 487.28 Td (Deferr) Tj ET Q q 0 0 0 rg BT 79.63 487.28 Td (ed tax liabilities attributable to:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 473.17 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.50 473.17 Td (................................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.50 473.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.80 473.33 Td (\(18) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 504.15 473.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 473.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.80 473.22 Td (\(27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 473.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 459.17 Td (T) Tj ET Q q 0 0 0 rg BT 92.91 459.17 Td (otal deferred tax liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.50 459.17 Td (......................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.50 459.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.80 459.33 Td (\(18) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 504.15 459.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 459.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.80 459.22 Td (\(27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 459.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 437.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.71 437.10 Td (, deferred tax assets attributable to NOL) Tj ET Q q 0 0 0 rg BT 291.56 437.10 Td ( carryforwards include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.57 437.10 Td ($465 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.96 437.10 Td ( attributable to U.S.federal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (NOL) Tj ET Q q 0 0 0 rg BT 69.68 425.10 Td ( carryforwards, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.26 425.10 Td ($166 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.65 425.10 Td ( attributable to state NOL) Tj ET Q q 0 0 0 rg BT 286.47 425.10 Td ( carryforwards, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.99 425.10 Td ($151 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.38 425.10 Td ( attributable to foreign NOL) Tj ET Q q 0 0 0 rg BT 530.75 425.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (carryforwards. If not used to reduce future taxable income, U.S.federal NOLs are scheduled to expire beginning in 2032. State ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (NOLs can be carried forward for initial periods of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.92 401.10 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.92 401.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.70 401.10 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.70 401.10 Td (years, and are scheduled to expire in 2020 to 2039. ) Tj ET Q q 0 0 0 rg BT 487.70 401.10 Td (Approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (one fourth of our foreign net operating losses will expire beginning in 2027, and another approximate one fourth of our foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.10 Td (net operating losses will expire beginning in 2033, while the majority of the remaining balance has no expiration date. ) Tj ET Q q 0 0 0 rg BT 524.47 377.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.10 Td (majority of our tax credits can be carried forward for initial periods of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.89 365.10 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.89 365.10 Td (years and are scheduled to expire between 2020 and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 353.10 Td (2039.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 335.10 Td (A) Tj ET Q q 0 0 0 rg BT 56.17 335.10 Td ( valuation allowance is required to be established or maintained when, based on currently available information, it is more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.10 Td (likely than not that all or a portion of a deferred tax asset will not be realized. ) Tj ET Q q 0 0 0 rg BT 360.88 323.10 Td (The guidance on accounting for income taxes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.10 Td (provides important factors in determining whether a deferred tax asset will be realized, including whether there has been ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 299.10 Td (suf) Tj ET Q q 0 0 0 rg BT 61.54 299.10 Td (ficient taxable income in recent years and whether suf) Tj ET Q q 0 0 0 rg BT 277.38 299.10 Td (ficient income can reasonably be expected in future years in order to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 287.10 Td (utilize the deferred tax asset. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.10 Td (For the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.69 269.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.40 269.10 Td (, we have evaluated the need to maintain a valuation allowance for deferred tax assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.10 Td (based on our assessment of whether it is more likely than not that deferred tax benefits will be realized through the generation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.10 Td (of future taxable income. ) Tj ET Q q 0 0 0 rg BT 151.96 245.10 Td (Appropriate consideration is given to all available evidence, both positive and negative, in assessing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.10 Td (the need for a valuation allowance. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 215.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 215.10 Td (e earned domestic income from continuing operations for the year ended October 31, 2019 and 2018 and incurred a domestic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.10 Td (loss from continuing operations for the year ended October 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.60 203.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.60 203.10 Td (. ) Tj ET Q q 0 0 0 rg BT 328.42 203.10 Td (The positive evidence of domestic income from the years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.10 Td (ended October 31, 2019 and 2018 does not outweigh the negative evidence of cumulative losses from prior years. ) Tj ET Q q 0 0 0 rg BT 506.41 191.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.10 Td (qualitative and quantitative analysis of current and expected domestic earnings, industry volumes, tax planning strategies, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.10 Td (general business risks resulted in a more likely than not conclusion of not being able to realize a significant portion of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.10 Td (deferred tax assets as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.51 155.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.22 155.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 137.10 Td (e continue to maintain a valuation allowances on the majority of our U.S. deferred tax assets as well as certain foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 125.10 Td (deferred tax assets that we believe, on a more-likely-than-not basis, will not be realized based on current forecasted results. For ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 113.10 Td (all remaining deferred tax assets, while we believe that it is more likely than not that they will be realized, we believe that it is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.10 Td (reasonably possible that additional deferred tax asset valuation allowances could be required in the next twelve months.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 83.10 Td (The total deferred tax asset valuation allowances were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.85 83.10 Td ($2.0 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.96 83.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.40 83.10 Td ($2.2 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.51 83.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.73 83.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.43 83.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.87 83.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.87 83.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 554.53 83.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.10 Td (In the event we released all of our valuation allowances, almost all would impact income taxes as a benefit in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 504.90 71.10 Td (Consolidated ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 59.10 Td (Statements of Operations.) Tj ET Q endstream endobj 195 0 obj <> endobj 196 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 713.10 Td (e recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (sustained on examination by the taxing authorities, based on the technical merits of the position. ) Tj ET Q q 0 0 0 rg BT 436.36 701.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.80 701.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.51 701.10 Td (, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (amount of liability for uncertain tax positions was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.68 689.10 Td ($21 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.07 689.10 Td (. ) Tj ET Q q 0 0 0 rg BT 302.89 689.10 Td (The liability at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.27 689.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.97 689.10 Td ( has a recorded of) Tj ET Q q 0 0 0 rg BT 504.87 689.10 Td (fsetting tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (benefit associated with various issues that total ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.73 677.10 Td ($9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.13 677.10 Td (. If the unrecognized tax benefits are recognized, all would impact our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (ef) Tj ET Q q 0 0 0 rg BT 57.09 665.10 Td (fective tax rate, except for positions for which we maintain a full valuation allowance against certain deferred tax assets. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (this case, the ef) Tj ET Q q 0 0 0 rg BT 110.96 653.10 Td (fect may be in the form of an increase in the deferred tax asset related to our net operating loss carryforward, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (which would be of) Tj ET Q q 0 0 0 rg BT 124.03 641.10 Td (fset by a full valuation allowance.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.10 Td (Changes in the liability for uncertain tax positions are summarized as follows: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 592.6 m 498 592.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 592.6 m 502 592.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 592.6 m 562 592.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 578.6 m 498 578.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 578.6 m 562 578.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 522.6 m 498 522.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 509.6 m 498 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 507.6 m 498 507.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 522.6 m 562 522.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 509.6 m 562 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 507.6 m 562 507.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.75 596.83 Td (For) Tj ET Q q 0 0 0 rg BT 457.12 596.83 Td ( the years ended October) Tj ET Q q 0 0 0 rg BT 542.29 596.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 51.50 582.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.50 582.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.50 582.83 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 569.17 Td (Liability for uncertain tax positions at November 1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.00 569.17 Td (.......................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 440.50 569.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.15 569.28 Td (27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.50 569.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 569.17 Td (34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 555.17 Td (Additions as a result of positions taken in prior periods) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.50 555.17 Td (..........................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 555.28 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 555.17 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 541.17 Td (Decrease as a result of positions taken in prior periods) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.00 541.17 Td (...........................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.80 541.33 Td (\(2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 541.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 541.22 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 541.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 527.17 Td (Settlements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 527.17 Td (...............................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.80 527.33 Td (\(7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.15 527.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 527.22 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 527.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 513.17 Td (Liability for uncertain tax positions at October 31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.00 513.17 Td (.........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 440.50 513.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.15 513.28 Td (21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.50 513.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 513.17 Td (27) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 491.10 Td (e recognize interest and penalties related to uncertain tax positions as part of ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 366.08 491.10 Td (Income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.37 491.10 Td (. ) Tj ET Q q 0 0 0 rg BT 449.19 491.10 Td (T) Tj ET Q q 0 0 0 rg BT 454.60 491.10 Td (otal interest and penalties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.10 Td (related to our uncertain tax positions resulted in income tax expense of less than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.19 479.10 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.58 479.10 Td ( and income tax benefits of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.65 479.10 Td ($1 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 467.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.83 467.10 Td ($6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.22 467.10 Td ( for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.57 467.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.28 467.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.28 467.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.28 467.10 Td (, and 2017, respectively) Tj ET Q q 0 0 0 rg BT 409.88 467.10 Td (. ) Tj ET Q q 0 0 0 rg BT 414.70 467.10 Td (The total interest and penalties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.10 Td (accrued were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.01 455.10 Td ($4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.40 455.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.84 455.10 Td ($3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.23 455.10 Td ( for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.59 455.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.29 455.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.73 455.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.73 455.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 450.39 455.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 437.10 Td (e have open tax years back to 2001 with various significant taxing jurisdictions including the U.S., Canada, Mexico, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (Brazil. In connection with the examination of tax returns, contingencies may arise that generally result from dif) Tj ET Q q 0 0 0 rg BT 494.73 425.10 Td (fering ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (interpretations of applicable tax laws and regulations as they relate to the amount, timing, or inclusion of revenues or expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (in taxable income, or the sustainability of tax credits to reduce income taxes payable. In connection with certain Brazil indirect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (federal taxes \(PIS and COFINS\), contingencies that would result in tax recoveries may be resolved in future periods, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.10 Td (could be material.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 359.10 Td (e believe we have suf) Tj ET Q q 0 0 0 rg BT 144.03 359.10 Td (ficient accruals for our contingent tax liabilities. ) Tj ET Q q 0 0 0 rg BT 338.41 359.10 Td (Annual tax provisions include amounts considered ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.10 Td (suf) Tj ET Q q 0 0 0 rg BT 61.54 347.10 Td (ficient to pay assessments that may result from examinations of prior year tax returns, although actual results may dif) Tj ET Q q 0 0 0 rg BT 530.40 347.10 Td (fer) Tj ET Q q 0 0 0 rg BT 540.95 347.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 335.10 Td (While it is probable that the liability for unrecognized tax benefits may increase or decrease during the next twelve months, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.10 Td (do not expect any such change would have a material ef) Tj ET Q q 0 0 0 rg BT 273.12 323.10 Td (fect on our financial condition, results of operations, or cash flows.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 305.10 Td (13. Fair) Tj ET Q q 0 0 0 rg BT 82.64 305.10 Td ( ) Tj ET Q q 0 0 0 rg BT 84.96 305.10 Td (V) Tj ET Q q 0 0 0 rg BT 91.27 305.10 Td (alue Measur) Tj ET Q q 0 0 0 rg BT 144.13 305.10 Td (ements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 287.10 Td (For assets and liabilities measured at fair value on a recurring and nonrecurring basis, a three-level hierarchy of measurements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 275.10 Td (based upon observable and unobservable inputs is used to arrive at fair value. Observable inputs are developed based on market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 263.10 Td (data obtained from independent sources, while unobservable inputs reflect our assumptions about valuation based on the best ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 251.10 Td (information available in the circumstances. Depending on the inputs, we classify each fair value measurement as follows:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 233.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 233.10 Td (Level1based upon quoted prices for ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 243.79 233.10 Td (identical) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.78 233.10 Td ( instruments in active markets,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 215.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 215.10 Td (Level2based upon quoted prices for ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 243.79 215.10 Td (similar) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.13 215.10 Td ( instruments, prices for identical or similar instruments in markets that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 203.10 Td (are not active, or model-derived valuations, all of whose significant inputs are observable, and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 185.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 185.10 Td (Level3based upon one or more significant unobservable inputs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.10 Td (The following section describes key inputs and assumptions in our valuation methodologies:) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 149.10 Td (Cash Equivalents and Restricted Cash Equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.09 149.10 Td (Cash equivalents are highly liquid investments with an original maturity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 137.10 Td (90) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.33 137.10 Td ( days or less which may include U.S. government and federal agency securities, commercial paper) Tj ET Q q 0 0 0 rg BT 463.40 137.10 Td (, and other highly liquid ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 125.10 Td (investments. ) Tj ET Q q 0 0 0 rg BT 102.09 125.10 Td (The carrying amounts of cash and cash equivalents and restricted cash approximate fair value because of the short-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 113.10 Td (term maturity and highly liquid nature of these instruments.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 95.10 Td (Marketable Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.53 95.10 Td (Our marketable securities portfolios are classified as available-for) Tj ET Q q 0 0 0 rg BT 410.83 95.10 Td (-sale and may include investments in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 83.10 Td (U.S. government and federal agency securities, commercial paper and other investments with an original maturity greater than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.10 Td (90) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.50 71.10 Td ( days. ) Tj ET Q q 0 0 0 rg BT 85.15 71.10 Td (W) Tj ET Q q 0 0 0 rg BT 93.79 71.10 Td (e use quoted prices from active markets to determine fair value.) Tj ET Q endstream endobj 197 0 obj <> endobj 198 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (98) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (Derivative ) Tj ET Q q 0 0 0 rg BT 94.02 713.10 Td (Assets and Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.58 713.10 Td (W) Tj ET Q q 0 0 0 rg BT 198.22 713.10 Td (e measure the fair value of derivatives assuming that the unit of account is an individual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (derivative transaction and that each derivative could be sold or transferred on a stand-alone basis. ) Tj ET Q q 0 0 0 rg BT 441.39 701.10 Td (W) Tj ET Q q 0 0 0 rg BT 450.03 701.10 Td (e classify within Level 2 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (our derivatives that are traded over) Tj ET Q q 0 0 0 rg BT 188.96 689.10 Td (-the-counter and valued using internal models based on observable market inputs. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (Guarantees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.16 671.10 Td (W) Tj ET Q q 0 0 0 rg BT 114.80 671.10 Td (e provide certain guarantees of payments and residual values, to which losses are generally capped, to specific ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.10 Td (counterparties. ) Tj ET Q q 0 0 0 rg BT 110.96 659.10 Td (The fair value of these guarantees includes a contingent component and a non-contingent component that are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.10 Td (based upon internally developed models using unobservable inputs. ) Tj ET Q q 0 0 0 rg BT 322.32 647.10 Td (W) Tj ET Q q 0 0 0 rg BT 330.96 647.10 Td (e classify these liabilities within Level 3.For more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 635.10 Td (information regarding guarantees, see Note 14, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 239.99 635.10 Td (Commitments and Contingencies.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (Impair) Tj ET Q q 0 0 0 rg BT 76.35 617.10 Td (ed Finance Receivables and Impair) Tj ET Q q 0 0 0 rg BT 218.15 617.10 Td (ed ) Tj ET Q q 0 0 0 rg BT 229.91 617.10 Td (Assets Under Operating Leases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.29 617.10 Td (Fair values of the underlying collateral are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (determined by current and forecasted sales prices, aging of and demand for used trucks, and the mix of sales through various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.10 Td (market channels. For more information regarding impaired finance receivables, see Note 5, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 416.86 593.10 Td (Allowance for Doubtful ) Tj ET Q q 0 0 0 rg BT 513.62 593.10 Td (Accounts,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.77 593.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.10 Td (and for more information regarding impaired assets under operating leases, see Note 3, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 399.66 581.10 Td (Restructurings, Impairments and ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (Divestitur) Tj ET Q q 0 0 0 rg BT 89.12 569.10 Td (es.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (Impair) Tj ET Q q 0 0 0 rg BT 76.35 551.10 Td (ed Pr) Tj ET Q q 0 0 0 rg BT 97.92 551.10 Td (operty) Tj ET Q q 0 0 0 rg BT 122.91 551.10 Td (, Plant and Equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.90 551.10 Td (W) Tj ET Q q 0 0 0 rg BT 231.54 551.10 Td (e measure the fair value by discounting future cash flows expected to be received ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (from the operation of, or disposition of, the asset or asset group that has been determined to be impaired. For more information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 527.10 Td (regarding the impairment of property) Tj ET Q q 0 0 0 rg BT 197.69 527.10 Td (, plant and equipment, see Note 3, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 336.54 527.10 Td (Restructurings, Impairments and Divestitur) Tj ET Q q 0 0 0 rg BT 510.60 527.10 Td (es.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.43 527.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.10 Td (The following table presents the financial instruments measured at fair value on a recurring basis: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 485.6 m 274 485.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 274 485.6 m 278 485.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278 485.6 m 315 485.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315 485.6 m 319 485.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319 485.6 m 356 485.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356 485.6 m 360 485.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 485.6 m 397 485.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403 485.6 m 440 485.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440 485.6 m 444 485.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 485.6 m 481 485.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 485.6 m 485 485.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 485.6 m 522 485.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 485.6 m 526 485.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526 485.6 m 563 485.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 472.6 m 274 472.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278 472.6 m 315 472.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319 472.6 m 356 472.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 472.6 m 397 472.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403 472.6 m 440 472.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 472.6 m 481 472.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 472.6 m 522 472.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526 472.6 m 563 472.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 359.6 m 274 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 345.6 m 274 345.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 343.6 m 274 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278 359.6 m 315 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278 345.6 m 315 345.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278 343.6 m 315 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319 359.6 m 356 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319 345.6 m 356 345.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319 343.6 m 356 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 359.6 m 397 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 345.6 m 397 345.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 343.6 m 397 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403 359.6 m 440 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403 345.6 m 440 345.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403 343.6 m 440 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 359.6 m 481 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 345.6 m 481 345.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 343.6 m 481 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 359.6 m 522 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 345.6 m 522 345.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 343.6 m 522 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526 359.6 m 563 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526 345.6 m 563 345.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526 343.6 m 563 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 270.6 m 274 270.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 256.6 m 274 256.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 254.60000000000002 m 274 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278 270.6 m 315 270.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278 256.6 m 315 256.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278 254.60000000000002 m 315 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319 270.6 m 356 270.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319 256.6 m 356 256.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319 254.60000000000002 m 356 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 270.6 m 397 270.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 256.6 m 397 256.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 254.60000000000002 m 397 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403 270.6 m 440 270.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403 256.6 m 440 256.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403 254.60000000000002 m 440 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 270.6 m 481 270.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 256.6 m 481 256.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 254.60000000000002 m 481 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 270.6 m 522 270.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 256.6 m 522 256.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 254.60000000000002 m 522 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526 270.6 m 563 270.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526 256.6 m 563 256.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526 254.60000000000002 m 563 254.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 277.80 489.83 Td (As of October) Tj ET Q q 0 0 0 rg BT 325.27 489.83 Td ( 31, 2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.80 489.83 Td (As of October) Tj ET Q q 0 0 0 rg BT 491.27 489.83 Td ( 31, 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 476.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.65 476.83 Td (Level 1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 283.65 476.83 Td (Level 2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 324.65 476.83 Td (Level 3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 369.25 476.83 Td (T) Tj ET Q q 0 0 0 rg BT 374.22 476.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.65 476.83 Td (Level 1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 449.65 476.83 Td (Level 2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.65 476.83 Td (Level 3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.25 476.83 Td (T) Tj ET Q q 0 0 0 rg BT 539.85 476.83 Td (otal) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 463.33 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 449.17 Td (Marketable securities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 434.17 Td (U.S. government and federal agency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 424.17 Td (securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.50 424.17 Td (..................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 239.50 424.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 260.15 424.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 280.50 424.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.15 424.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 321.50 424.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.15 424.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.50 424.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.15 424.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.50 424.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 424.27 Td (101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.50 424.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 424.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.50 424.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 424.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.50 424.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 424.27 Td (101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 410.17 Td (Derivative financial instruments:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 395.17 Td (Commodity forward contracts) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 191.03 399.70 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.00 395.17 Td (.............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 260.15 394.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.15 394.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.15 394.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.15 394.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 394.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 394.27 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 394.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 394.27 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 380.17 Td (Foreign currency contracts) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 177.68 384.70 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.50 380.17 Td (..................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 260.15 379.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 306.15 379.28 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.15 379.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 379.28 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 379.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 379.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 379.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 379.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 365.17 Td (Interest rate caps) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 138.24 369.70 Td (\(B\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.50 365.17 Td (..................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 260.15 364.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.15 364.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.15 364.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.15 364.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 364.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 364.27 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 364.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 364.27 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 350.17 Td (T) Tj ET Q q 0 0 0 rg BT 94.26 350.17 Td (otal assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 350.17 Td (.......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 239.50 349.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 260.15 349.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 280.50 349.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 306.15 349.28 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 321.50 349.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.15 349.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.50 349.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 349.28 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.50 349.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 349.27 Td (101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.50 349.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 349.27 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.50 349.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 349.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.50 349.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 349.27 Td (105) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 335.33 Td (Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 321.17 Td (Derivative financial instruments:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 306.17 Td (Commodity forward contracts) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 191.03 310.70 Td (\(C\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.00 306.17 Td (.............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 239.50 305.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 260.15 305.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 280.50 305.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 306.15 305.28 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 321.50 305.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.15 305.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.50 305.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 305.28 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.50 305.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 305.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.50 305.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 305.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.50 305.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 305.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.50 305.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 305.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 291.17 Td (Foreign currency contracts) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 177.68 295.70 Td (\(C\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.50 291.17 Td (..................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 260.15 290.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 306.15 290.28 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.15 290.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 290.28 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 290.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 290.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 290.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 290.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 276.17 Td (Guarantees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.50 276.17 Td (......................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 260.15 275.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.15 275.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.15 275.28 Td (27) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.15 275.28 Td (27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 275.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 275.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 275.27 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 275.27 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 261.17 Td (T) Tj ET Q q 0 0 0 rg BT 93.91 261.17 Td (otal liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.00 261.17 Td (.................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 239.50 260.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 260.15 260.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 280.50 260.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 306.15 260.28 Td (3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 321.50 260.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.15 260.28 Td (27) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.50 260.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.15 260.28 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.50 260.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 260.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.50 260.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 260.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.50 260.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 260.27 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.50 260.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 260.27 Td (24) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 246.50 Td (_________________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 236.90 Td (\(A\) ) Tj ET Q q 0 0 0 rg BT 67.50 236.90 Td (The asset value of commodity forward contracts and foreign currency contracts is included in ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 368.73 236.90 Td (Other curr) Tj ET Q q 0 0 0 rg BT 402.87 236.90 Td (ent assets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 433.76 236.90 Td ( in the accompanying ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 504.40 236.90 Td (Consolidated ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 227.30 Td (Balance Sheets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 116.15 227.30 Td (.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 217.70 Td (\(B\)) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 60.16 217.70 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 217.70 Td (The asset value of interest rate caps is included in ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 228.33 217.70 Td (Other noncurr) Tj ET Q q 0 0 0 rg BT 274.48 217.70 Td (ent assets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 305.36 217.70 Td ( in the accompanying ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 376.01 217.70 Td (Consolidated Balance Sheets.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 208.10 Td (\(C\)) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 60.16 208.10 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 208.10 Td (The liability value of commodity forward contracts and foreign currency contracts is included in ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 378.06 208.10 Td (Other curr) Tj ET Q q 0 0 0 rg BT 412.21 208.10 Td (ent liabilities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 454.20 208.10 Td ( in the accompanying ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 67.50 198.50 Td (Consolidated Balance Sheets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 180.50 Td (The following table presents the changes for those financial instruments classified within Level3 of the valuation hierarchy:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 149 m 510 149 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514 149 m 563 149 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 104 m 510 104 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 90 m 510 90 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 88 m 510 88 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514 104 m 563 104 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514 90 m 563 90 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514 88 m 563 88 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 153.23 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 465.05 161.23 Td (October) Tj ET Q q 0 0 0 rg BT 492.97 161.23 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 477.00 153.23 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.05 161.23 Td (October) Tj ET Q q 0 0 0 rg BT 545.89 161.23 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.00 153.23 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 139.57 Td (Guarantees, at beginning of period) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 492.80 138.73 Td (\(24) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.15 138.68 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.80 138.72 Td (\(21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 138.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 124.57 Td (Issuances) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.00 124.57 Td (...........................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 497.80 123.73 Td (\(6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.15 123.68 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 123.72 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 123.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 109.57 Td (Settlements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.50 109.57 Td (........................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 501.15 108.68 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 108.67 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 94.57 Td (Guarantees, at end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.50 94.57 Td (....................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.50 93.68 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 492.80 93.73 Td (\(27) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.15 93.68 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.50 93.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.80 93.72 Td (\(24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 93.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.50 Td (There were no transfers of level 3 financial instruments.) Tj ET Q endstream endobj 199 0 obj <> endobj 200 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (99) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (The following table presents the financial instruments measured at fair value on a nonrecurring basis:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 681.6 m 509 681.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 681.6 m 563 681.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 637.6 m 509 637.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 623.6 m 509 623.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 621.6 m 509 621.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 637.6 m 563 637.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 623.6 m 563 623.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 621.6 m 563 621.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 685.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 463.55 693.83 Td (October) Tj ET Q q 0 0 0 rg BT 491.47 693.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.50 685.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.55 693.83 Td (October) Tj ET Q q 0 0 0 rg BT 545.39 693.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.50 685.83 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 672.28 Td (Level 2 financial instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 657.27 Td (Impaired finance receivables ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 188.49 661.80 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.00 657.17 Td (.......................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.50 657.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.15 657.28 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 657.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 657.27 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 642.27 Td (Specific loss reserve) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.00 642.17 Td (.........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.80 642.33 Td (\(1) Tj ET Q q 0 0 0 rg BT 500.13 642.33 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.15 642.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 642.32 Td (\(9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 642.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 627.27 Td (Fair value) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.50 627.17 Td (..................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.50 627.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.15 627.28 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 627.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 627.27 Td (1) Tj ET Q q 0 0 0 rg BT 554.15 627.27 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 613.50 Td (_________________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 603.90 Td (\(A\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 603.90 Td (Certain impaired finance receivables are measured at fair value on a nonrecurring basis. ) Tj ET Q q 0 0 0 rg BT 350.04 603.90 Td (An impairment char) Tj ET Q q 0 0 0 rg BT 414.32 603.90 Td (ge is recorded for the amount by which the ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 594.30 Td (carrying value of the receivables exceeds the fair value of the underlying collateral, net of remarketing costs. Fair values of the underlying collateral are ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 584.70 Td (determined by reference to dealer vehicle value publications adjusted for certain market factors.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 566.70 Td (In addition to the methods and assumptions we use for the financial instruments recorded at fair value as discussed above, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 554.70 Td (use the following methods and assumptions to estimate the fair value for our other financial instruments that are not marked to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 542.70 Td (market on a recurring basis. ) Tj ET Q q 0 0 0 rg BT 163.17 542.70 Td (The carrying amounts of ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 264.25 542.70 Td (Cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.18 542.70 Td (, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 376.18 542.70 Td (Restricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.55 542.70 Td (, and ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 459.49 542.70 Td (Accounts payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.30 542.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 530.70 Td (approximate fair values because of the short-term maturity and highly liquid nature of these instruments. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 470.49 530.70 Td (Finance r) Tj ET Q q 0 0 0 rg BT 509.28 530.70 Td (eceivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.92 530.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 518.70 Td (generally consist of retail and wholesale accounts and notes. ) Tj ET Q q 0 0 0 rg BT 293.13 518.70 Td (The carrying amounts of ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 394.21 518.70 Td (T) Tj ET Q q 0 0 0 rg BT 399.22 518.70 Td (rade and other r) Tj ET Q q 0 0 0 rg BT 464.68 518.70 Td (eceivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.32 518.70 Td ( and retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 506.70 Td (and wholesale accounts approximate fair values as a result of the short-term nature of the receivables. ) Tj ET Q q 0 0 0 rg BT 458.32 506.70 Td (The carrying amounts of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 494.70 Td (wholesale notes approximate fair values as a result of the short-term nature of the wholesale notes and their variable interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 482.70 Td (rate terms. Due to the nature of the aforementioned financial instruments, they have been excluded from the fair value amounts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 470.70 Td (presented in the table below) Tj ET Q q 0 0 0 rg BT 161.03 470.70 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 452.70 Td (The fair values of our retail notes are estimated by discounting expected cash flows at current market rates. ) Tj ET Q q 0 0 0 rg BT 479.99 452.70 Td (The fair values of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 440.70 Td (our retail notes are classified as Level 3 financial instruments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 422.70 Td (The fair values of our debt instruments classified as Level 1 were determined using quoted market prices. ) Tj ET Q q 0 0 0 rg BT 473.63 422.70 Td (The 6.75% ) Tj ET Q q 0 0 0 rg BT 519.82 422.70 Td (T) Tj ET Q q 0 0 0 rg BT 525.23 422.70 Td (ax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 410.70 Td (Exempt Bonds, due 2040, are traded, but the trading market is illiquid, and as a result, the Loan ) Tj ET Q q 0 0 0 rg BT 433.58 410.70 Td (Agreement underlying the ) Tj ET Q q 0 0 0 rg BT 540.86 410.70 Td (T) Tj ET Q q 0 0 0 rg BT 546.27 410.70 Td (ax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 398.70 Td (Exempt Bonds is classified as Level 2. ) Tj ET Q q 0 0 0 rg BT 206.51 398.70 Td (T) Tj ET Q q 0 0 0 rg BT 212.27 398.70 Td (rading in our 6.625% Senior Notes is limited to qualified institutional buyers; therefore ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 386.70 Td (the notes are classified as Level 2. ) Tj ET Q q 0 0 0 rg BT 188.71 386.70 Td (The fair values of our Level 3 debt instruments are generally determined using internally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 374.70 Td (developed valuation techniques such as discounted cash flow modeling. Inputs such as discount rates and credit spreads reflect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 362.70 Td (our estimates of assumptions that market participants would use in pricing the instrument and may be unobservable.) Tj ET Q endstream endobj 201 0 obj <> endobj 202 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (The following tables present the carrying values and estimated fair values of financial instruments:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355 689.6 m 393 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 689.6 m 397 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 689.6 m 435 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435 689.6 m 439 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 689.6 m 477 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477 689.6 m 481 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 689.6 m 519 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 519 689.6 m 525 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525 689.6 m 563 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355 689.6 m 393 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355 676.6 m 393 676.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 689.6 m 397 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 676.6 m 397 676.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 689.6 m 435 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 676.6 m 435 676.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435 689.6 m 439 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435 676.6 m 439 676.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 689.6 m 477 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 676.6 m 477 676.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477 689.6 m 481 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477 676.6 m 481 676.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 689.6 m 519 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 676.6 m 519 676.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525 689.6 m 563 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355 676.6 m 393 676.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355 663.6 m 393 663.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 676.6 m 397 676.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 676.6 m 435 676.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 663.6 m 435 663.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435 676.6 m 439 676.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 676.6 m 477 676.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 663.6 m 477 663.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477 676.6 m 481 676.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 676.6 m 519 676.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 663.6 m 519 663.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525 663.6 m 563 663.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 419.80 693.83 Td (As of October) Tj ET Q q 0 0 0 rg BT 467.27 693.83 Td ( 31, 2019) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 680.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.30 680.83 Td (Estimated Fair) Tj ET Q q 0 0 0 rg BT 451.55 680.83 Td ( ) Tj ET Q q 0 0 0 rg BT 453.41 680.83 Td (V) Tj ET Q q 0 0 0 rg BT 458.75 680.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.70 675.83 Td (Carrying) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.85 667.83 Td (V) Tj ET Q q 0 0 0 rg BT 539.26 667.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 667.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.15 667.83 Td (Level 1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.15 667.83 Td (Level 2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.15 667.83 Td (Level 3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.75 667.83 Td (T) Tj ET Q q 0 0 0 rg BT 495.35 667.83 Td (otal) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 654.33 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 638.27 Td (Retail notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.00 638.17 Td (.............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 357.50 638.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 638.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 399.50 638.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.15 638.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.50 638.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.15 638.28 Td (205) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.50 638.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.15 638.28 Td (205) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.50 638.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.15 638.28 Td (208) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 624.33 Td (Liabilities) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 52.50 609.16 Td (Debt:) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 52.50 594.16 Td (Manufacturing operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 578.27 Td (Senior Secured ) Tj ET Q q 0 0 0 rg BT 133.63 578.27 Td (T) Tj ET Q q 0 0 0 rg BT 139.04 578.27 Td (erm Loan Credit ) Tj ET Q q 0 0 0 rg BT 207.08 578.27 Td (Agreement, due 2025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.00 578.17 Td (.......................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 578.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.15 578.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.60 578.28 Td (1,552) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 492.60 578.28 Td (1,552) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.60 578.28 Td (1,556) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 563.27 Td (6.625% Senior Notes, due 2026) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.00 563.17 Td (.............................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 563.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 408.60 563.28 Td (1,122) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.15 563.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 492.60 563.28 Td (1,122) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.60 563.28 Td (1,085) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 548.27 Td (Loan ) Tj ET Q q 0 0 0 rg BT 93.27 548.27 Td (Agreement related to 6.75% ) Tj ET Q q 0 0 0 rg BT 208.14 548.27 Td (T) Tj ET Q q 0 0 0 rg BT 213.81 548.27 Td (ax Exempt Bonds, due2040) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.00 548.17 Td (.........) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 548.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.15 548.28 Td (234) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.15 548.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.15 548.28 Td (234) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.15 548.28 Td (220) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 533.27 Td (Financed lease obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.00 533.17 Td (.....................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 533.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.15 533.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.15 533.28 Td (60) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.15 533.28 Td (60) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.15 533.28 Td (60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 516.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 93.27 520.80 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 516.17 Td (...................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 516.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.15 516.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.15 516.28 Td (9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 510.15 516.28 Td (9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 554.15 516.28 Td (9) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 52.50 502.16 Td (Financial Services operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 486.27 Td (Asset-backed debt issued by consolidated SPEs, due serially through) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 476.27 Td (2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.50 476.17 Td (........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 476.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.15 476.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.15 476.28 Td (995) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.15 476.28 Td (995) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.15 476.28 Td (991) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 457.27 Td (Bank credit facilities, due dates from 2019 through 2025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.00 457.17 Td (.....................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 457.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.15 457.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.60 457.28 Td (1,038) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 492.60 457.28 Td (1,038) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.60 457.28 Td (1,059) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 442.27 Td (Commercial paper) Tj ET Q q 0 0 0 rg BT 144.44 442.27 Td (, program matures in 2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.50 442.17 Td (........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 442.28 Td (84) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.15 442.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.15 442.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.15 442.28 Td (84) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.15 442.28 Td (84) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 427.27 Td (Borrowings secured by operating and finance leases, due serially) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 417.27 Td (through 2024) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.50 417.17 Td (..........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 417.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.15 417.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.15 417.28 Td (122) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.15 417.28 Td (122) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.15 417.28 Td (122) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355 383.6 m 393 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 383.6 m 397 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 383.6 m 435 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435 383.6 m 439 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 383.6 m 477 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477 383.6 m 481 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 383.6 m 519 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 519 383.6 m 525 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525 383.6 m 563 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355 383.6 m 393 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355 370.6 m 393 370.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 383.6 m 397 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 370.6 m 397 370.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 383.6 m 435 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 370.6 m 435 370.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435 383.6 m 439 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435 370.6 m 439 370.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 383.6 m 477 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 370.6 m 477 370.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477 383.6 m 481 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477 370.6 m 481 370.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 383.6 m 519 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 370.6 m 519 370.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525 383.6 m 563 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355 370.6 m 393 370.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355 357.6 m 393 357.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 370.6 m 397 370.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 370.6 m 435 370.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 357.6 m 435 357.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435 370.6 m 439 370.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 370.6 m 477 370.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 357.6 m 477 357.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477 370.6 m 481 370.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 370.6 m 519 370.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 357.6 m 519 357.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525 357.6 m 563 357.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 419.80 387.83 Td (As of October) Tj ET Q q 0 0 0 rg BT 467.27 387.83 Td ( 31, 2018) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 374.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.30 374.83 Td (Estimated Fair) Tj ET Q q 0 0 0 rg BT 451.55 374.83 Td ( ) Tj ET Q q 0 0 0 rg BT 453.41 374.83 Td (V) Tj ET Q q 0 0 0 rg BT 458.75 374.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.70 369.83 Td (Carrying) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.85 361.83 Td (V) Tj ET Q q 0 0 0 rg BT 539.26 361.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 361.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.15 361.83 Td (Level 1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.15 361.83 Td (Level 2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.15 361.83 Td (Level 3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.75 361.83 Td (T) Tj ET Q q 0 0 0 rg BT 495.35 361.83 Td (otal) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 348.33 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 332.27 Td (Retail notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.00 332.17 Td (.............................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.50 332.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.15 332.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.50 332.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 332.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.50 332.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 332.27 Td (180) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.50 332.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 332.27 Td (180) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.50 332.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 332.27 Td (183) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 318.33 Td (Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 303.17 Td (Debt:) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 52.50 288.16 Td (Manufacturing operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 272.27 Td (Senior Secured ) Tj ET Q q 0 0 0 rg BT 133.73 272.27 Td (T) Tj ET Q q 0 0 0 rg BT 139.39 272.27 Td (erm Loan Credit ) Tj ET Q q 0 0 0 rg BT 207.36 272.27 Td (Agreement, due 2025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.00 272.17 Td (.......................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.15 272.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 272.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.60 272.27 Td (1,597) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.60 272.27 Td (1,597) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.60 272.27 Td (1,570) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 257.27 Td (6.625% Senior Notes, due 2026) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.00 257.17 Td (.............................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.15 257.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.60 257.27 Td (1,122) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.15 257.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.60 257.27 Td (1,122) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.60 257.27 Td (1,083) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 242.27 Td (4.75% Senior Subordinated Convertible Notes, due 2019) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 298.24 246.80 Td (\(B\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 242.17 Td (.................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.15 242.27 Td (412) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 242.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.15 242.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 242.27 Td (412) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 242.27 Td (405) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 227.27 Td (Loan ) Tj ET Q q 0 0 0 rg BT 93.27 227.27 Td (Agreement related to 6.75% ) Tj ET Q q 0 0 0 rg BT 208.14 227.27 Td (T) Tj ET Q q 0 0 0 rg BT 213.81 227.27 Td (ax Exempt Bonds, due2040) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.00 227.17 Td (.........) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.15 227.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.15 227.27 Td (235) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.15 227.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 227.27 Td (235) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 227.27 Td (220) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 212.27 Td (Financed lease obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.00 212.17 Td (.....................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.15 212.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 422.15 212.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 459.65 212.06 Td (122) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 501.65 212.06 Td (122) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.65 212.06 Td (122) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 197.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.00 197.17 Td (.......................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.15 197.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 197.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.15 197.27 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 197.27 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 197.27 Td (26) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 52.50 183.16 Td (Financial Services operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 167.27 Td (Asset-backed debt issued by consolidated SPEs, due serially through) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 157.27 Td (2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.50 157.17 Td (........................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.15 157.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 157.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 157.27 Td (949) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 157.27 Td (949) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 157.27 Td (948) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 132.27 Td (Senior secured NFC ) Tj ET Q q 0 0 0 rg BT 154.01 132.27 Td (T) Tj ET Q q 0 0 0 rg BT 159.68 132.27 Td (erm Loan, due 2025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.50 132.17 Td (............................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.15 132.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 132.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 132.27 Td (400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 132.27 Td (400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 132.27 Td (394) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 117.27 Td (Bank credit facilities, due dates from 2019 through 2025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.00 117.17 Td (.....................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.15 117.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 117.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 117.27 Td (51) Tj ET Q q 0 0 0 rg BT 468.15 117.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 117.27 Td (51) Tj ET Q q 0 0 0 rg BT 510.15 117.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 117.27 Td (519) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 92.27 Td (Commercial paper) Tj ET Q q 0 0 0 rg BT 144.44 92.27 Td (, program matures in 2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.50 92.17 Td (........................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.15 92.27 Td (75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 92.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.15 92.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 92.27 Td (75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 92.27 Td (75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 78.17 Td (Borrowings secured by operating and finance leases, due serially) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 68.17 Td (through 2024) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.50 68.17 Td (..........................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.15 69.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 69.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 69.27 Td (104) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 69.27 Td (104) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 69.27 Td (105) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 49.50 57.90 Td (_________________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 48.30 Td (\(A\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 48.30 Td (Excludes capital lease obligation debt of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 199.01 48.30 Td ($2 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 232.13 48.30 Td (.) Tj ET Q endstream endobj 203 0 obj <> endobj 204 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (101) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 714.50 Td (\(B\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 714.50 Td (The carrying value represents the consolidated financial statement amount of the debt which excludes the allocation of the conversion feature to equity) Tj ET Q q 0 0 0 rg BT 549.70 714.50 Td (, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 704.90 Td (while the estimated fair value is derived from quoted prices in active markets which include the equity feature. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 686.90 Td (14. Commitments and Contingencies) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 668.90 Td (Guarantees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 650.90 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 650.90 Td (e occasionally provide guarantees that could obligate us to make future payments if the primary entity fails to perform under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 638.90 Td (its contractual obligations. ) Tj ET Q q 0 0 0 rg BT 157.63 638.90 Td (W) Tj ET Q q 0 0 0 rg BT 166.27 638.90 Td (e have recognized liabilities for some of these guarantees in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 423.67 638.90 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.32 638.90 Td ( as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 626.90 Td (they meet the recognition and measurement provisions of GAAP) Tj ET Q q 0 0 0 rg BT 307.78 626.90 Td (. In addition to the liabilities that have been recognized, we are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 614.90 Td (contingently liable for other potential losses under various guarantees. ) Tj ET Q q 0 0 0 rg BT 332.57 614.90 Td (W) Tj ET Q q 0 0 0 rg BT 341.21 614.90 Td (e do not believe that claims that may be made under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 602.90 Td (such guarantees would have a material ef) Tj ET Q q 0 0 0 rg BT 214.25 602.90 Td (fect on our financial condition, results of operations, or cash flows.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 584.90 Td (Under the terms of the Navistar Capital Operating ) Tj ET Q q 0 0 0 rg BT 251.66 584.90 Td (Agreement, Navistar Capital \(a program of BMO Harris Bank N.A. and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 572.90 Td (Bank of Montreal \(together "BMO"\)\) is our third-party preferred source of retail and lease customer financing for equipment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 560.90 Td (of) Tj ET Q q 0 0 0 rg BT 57.65 560.90 Td (fered by us and our dealers in the U.S. ) Tj ET Q q 0 0 0 rg BT 213.26 560.90 Td (W) Tj ET Q q 0 0 0 rg BT 221.90 560.90 Td (e refer to this alliance as "Navistar Capital." ) Tj ET Q q 0 0 0 rg BT 400.09 560.90 Td (The Navistar Capital Operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 548.90 Td (Agreement, as amended, contains a loss sharing arrangement under which we generally reimburse BMO for excess credit losses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 536.90 Td (as defined in the arrangement. Our exposure to loss is mitigated because contracts under the Navistar Capital Operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 524.90 Td (Agreement are secured by the financed equipment. ) Tj ET Q q 0 0 0 rg BT 255.34 524.90 Td (There were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.08 524.90 Td ($1.6 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.20 524.90 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.64 524.90 Td ($1.5 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.75 524.90 Td ( of outstanding loan principal and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 512.90 Td (operating lease payments receivable at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.37 512.90 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.08 512.90 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.52 512.90 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.52 512.90 Td (, respectively) Tj ET Q q 0 0 0 rg BT 368.18 512.90 Td (, financed through the Navistar Capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 500.90 Td (Operating ) Tj ET Q q 0 0 0 rg BT 91.43 500.90 Td (Agreement and subject to the loss sharing arrangements in the U.S. ) Tj ET Q q 0 0 0 rg BT 362.58 500.90 Td (The related financed values of these outstanding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 488.90 Td (contracts were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.02 488.90 Td ($2.7 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.14 488.90 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.57 488.90 Td ($2.5 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.69 488.90 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.90 488.90 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.61 488.90 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.05 488.90 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.05 488.90 Td (, respectively) Tj ET Q q 0 0 0 rg BT 395.71 488.90 Td (. ) Tj ET Q q 0 0 0 rg BT 400.53 488.90 Td (W) Tj ET Q q 0 0 0 rg BT 409.17 488.90 Td (e have recognized a guarantee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 476.90 Td (liability for our portion of estimated Navistar Capital credit losses. Generally) Tj ET Q q 0 0 0 rg BT 356.82 476.90 Td (, we do not carry the contracts under the Navistar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 464.90 Td (Capital Operating ) Tj ET Q q 0 0 0 rg BT 122.82 464.90 Td (Agreement on our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 198.07 464.90 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.71 464.90 Td (. However) Tj ET Q q 0 0 0 rg BT 355.96 464.90 Td (, for certain Navistar Capital financed contracts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 452.90 Td (which we have accounted for as borrowings, we have recognized equipment leased to others of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.69 452.90 Td ($51 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.08 452.90 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.52 452.90 Td ($104 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.92 452.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 440.90 Td (and financed lease obligations of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.62 440.90 Td ($60 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.01 440.90 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.45 440.90 Td ($122 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.84 440.90 Td (, in our Consolidated Balance Sheets as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.20 440.90 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.90 440.90 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 428.90 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 428.90 Td (, respectively) Tj ET Q q 0 0 0 rg BT 122.16 428.90 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 410.90 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 410.90 Td (e also have issued a limited number of residual value guarantees, for which losses are generally capped. If control has not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 398.90 Td (transferred, we account for these arrangements as operating leases and revenue is recognized on a straight-line basis over the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 386.90 Td (term of the lease. If control has transferred, revenue is recognized upon sale and the amounts of the guarantees are estimated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 374.90 Td (and recorded. Our guarantees are contingent upon the fair value of the leased assets at the end of the lease term. ) Tj ET Q q 0 0 0 rg BT 498.30 374.90 Td (W) Tj ET Q q 0 0 0 rg BT 506.94 374.90 Td (e have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 362.90 Td (recognized liabilities for some of these guarantees in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 278.59 362.90 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.23 362.90 Td ( as they meet recognition and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 350.90 Td (measurement provisions. In addition to the liabilities that have been recognized, we are contingently liable for other potential ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 338.90 Td (losses under various guarantees that are not recognized in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 298.30 338.90 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.95 338.90 Td (. ) Tj ET Q q 0 0 0 rg BT 419.77 338.90 Td (W) Tj ET Q q 0 0 0 rg BT 428.41 338.90 Td (e do not believe claims that may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 326.90 Td (be made under such guarantees would have a material ef) Tj ET Q q 0 0 0 rg BT 275.61 326.90 Td (fect on our financial condition, results of operations, or cash flows.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 308.90 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 308.90 Td (e obtain certain stand-by letters of credit and surety bonds from third-party financial institutions in the ordinary course of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 296.90 Td (business when required under contracts or to satisfy insurance-related requirements. ) Tj ET Q q 0 0 0 rg BT 387.44 296.90 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.89 296.90 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.59 296.90 Td (, the amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 284.90 Td (stand-by letters of credit and surety bonds issued was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.29 284.90 Td ($97 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.68 284.90 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 266.90 Td (In addition, as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.76 266.90 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.47 266.90 Td (, we have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.01 266.90 Td ($125 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.40 266.90 Td ( of outstanding purchase commitments and contracts with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.68 266.90 Td ($28 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 561.07 266.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 254.90 Td (of cancellation fees with expiration dates through 2025. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 236.90 Td (In the ordinary course of business, we also provide routine indemnifications and other guarantees, the terms of which range in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 224.90 Td (duration and often are not explicitly defined. ) Tj ET Q q 0 0 0 rg BT 230.37 224.90 Td (W) Tj ET Q q 0 0 0 rg BT 239.01 224.90 Td (e do not believe these will result in claims that would have a material impact on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 212.90 Td (our financial condition, results of operations, or cash flows.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 194.90 Td (Environmental Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 176.90 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 176.90 Td (e have been named a potentially responsible party \("PRP"\), in conjunction with other parties, in a number of cases arising ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 164.90 Td (under an environmental protection law) Tj ET Q q 0 0 0 rg BT 203.80 164.90 Td (, the Comprehensive Environmental Response, Compensation, and Liability ) Tj ET Q q 0 0 0 rg BT 510.13 164.90 Td (Act, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 152.90 Td (popularly known as the "Superfund" law) Tj ET Q q 0 0 0 rg BT 211.71 152.90 Td (. ) Tj ET Q q 0 0 0 rg BT 216.53 152.90 Td (These cases involve sites that allegedly received wastes from current or former ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 140.90 Td (Company locations. Based on information available to us which, in most cases, consists of data related to quantities and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 128.90 Td (characteristics of material generated at current or former Company locations, material allegedly shipped by us to these disposal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 116.90 Td (sites, as well as cost estimates from PRPs and/or federal or state regulatory agencies for the cleanup of these sites, a reasonable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 104.90 Td (estimate is calculated of our share of the probable costs, if any) Tj ET Q q 0 0 0 rg BT 298.21 104.90 Td (, and accruals are recorded in our consolidated financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 92.90 Td (statements. ) Tj ET Q q 0 0 0 rg BT 96.53 92.90 Td (These accruals are generally recognized no later than upon completion of the remedial feasibility study and are not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 80.90 Td (discounted to their present value. ) Tj ET Q q 0 0 0 rg BT 184.28 80.90 Td (W) Tj ET Q q 0 0 0 rg BT 192.92 80.90 Td (e review all accruals on a regular basis and believe that, based on these calculations, our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 68.90 Td (share of the potential additional costs for the cleanup of each site will not have a material ef) Tj ET Q q 0 0 0 rg BT 416.13 68.90 Td (fect on our financial condition, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 56.90 Td (results of operations, or cash flows.) Tj ET Q endstream endobj 205 0 obj <> endobj 206 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (102) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (In addition, other sites formerly owned by us or where we are currently operating have been identified as having soil and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (groundwater contamination. ) Tj ET Q q 0 0 0 rg BT 164.56 701.10 Td (While investigations and cleanup activities continue at these sites, we believe that we have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (appropriate accruals to cover costs to complete the cleanup of all sites.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 671.10 Td (e have accrued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.04 671.10 Td ($20 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.43 671.10 Td ( for these and other environmental matters, which are included within ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 447.45 671.10 Td (Other curr) Tj ET Q q 0 0 0 rg BT 490.13 671.10 Td (ent liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.63 671.10 Td ( and ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 659.10 Td (Other noncurr) Tj ET Q q 0 0 0 rg BT 107.18 659.10 Td (ent liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.68 659.10 Td (, as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.34 659.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.04 659.10 Td (. ) Tj ET Q q 0 0 0 rg BT 260.86 659.10 Td (The majority of these accrued liabilities are expected to be paid subsequent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.78 647.10 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.78 647.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.10 Td (Along with other vehicle manufacturers, we have been subject to an increased number of asbestos-related claims in recent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (years. In general, these claims relate to illnesses alleged to have resulted from asbestos exposure from component parts found in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (older vehicles, although some cases relate to the alleged presence of asbestos in our facilities. In these claims, we are generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.10 Td (not the sole defendant, and the claims name as defendants numerous manufacturers and suppliers of a wide variety of products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.10 Td (allegedly containing asbestos. ) Tj ET Q q 0 0 0 rg BT 171.51 581.10 Td (W) Tj ET Q q 0 0 0 rg BT 180.15 581.10 Td (e have strongly disputed these claims, and it has been our policy to defend against them ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (vigorously) Tj ET Q q 0 0 0 rg BT 91.63 569.10 Td (. Historically) Tj ET Q q 0 0 0 rg BT 143.19 569.10 Td (, the actual damages paid out to claimants have not been material in any year to our financial condition, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.10 Td (results of operations, or cash flows. It is possible that the number of these claims will continue to grow) Tj ET Q q 0 0 0 rg BT 459.88 557.10 Td (, and that the costs for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.10 Td (resolving asbestos related claims could become significant in the future.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 527.10 Td (Legal Proceedings) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 509.10 Td (Overview) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 491.10 Td (e are subject to various claims arising in the ordinary course of business and are party to various legal proceedings that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.10 Td (constitute ordinary) Tj ET Q q 0 0 0 rg BT 124.11 479.10 Td (, routine litigation incidental to our business. ) Tj ET Q q 0 0 0 rg BT 305.29 479.10 Td (The majority of these claims and proceedings relate to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.10 Td (commercial, product liability) Tj ET Q q 0 0 0 rg BT 165.20 467.10 Td (, and warranty matters. In addition, from time to time we are subject to various claims and legal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.10 Td (proceedings related to employee compensation, benefits, and benefits administration including, but not limited to, compliance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.10 Td (with the Employee Retirement Income Security ) Tj ET Q q 0 0 0 rg BT 242.22 443.10 Td (Act of 1974, as amended \("ERISA"\), and Department of Labor requirements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (In our opinion, apart from the actions set forth below) Tj ET Q q 0 0 0 rg BT 261.02 425.10 Td (, the disposition of these proceedings and claims, after taking into account ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (recorded accruals and the availability and limits of our insurance coverage, will not have a material adverse ef) Tj ET Q q 0 0 0 rg BT 489.69 413.10 Td (fect on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (business or our financial condition, results of operations, or cash flows.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 383.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 59.13 383.10 Td (ofit Sharing Disputes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.10 Td (Pursuant to the 1993 Settlement ) Tj ET Q q 0 0 0 rg BT 179.21 365.10 Td (Agreement, the program administrator and named fiduciary of the Supplemental Benefit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 353.10 Td (Program is the Supplemental Benefit Program Committee \(the "Committee"\), composed of individuals not appointed by NI or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 341.10 Td (NIC. In ) Tj ET Q q 0 0 0 rg BT 82.00 341.10 Td (August 2013, the Committee filed a motion for leave to amend its February 2013 complaint \(which sought injunctive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 329.10 Td (relief for the Company to provide certain information to which the Committee was allegedly entitled under the Supplemental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 317.10 Td (Benefit ) Tj ET Q q 0 0 0 rg BT 81.25 317.10 Td (T) Tj ET Q q 0 0 0 rg BT 87.01 317.10 Td (rust Profit Sharing Plan\) and a proposed amended complaint \(the "Profit Sharing Complaint"\) in the U.S. District ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.10 Td (Court for the Southern District of Ohio \(the "Court"\). Leave to file the Profit Sharing Complaint was granted by the Court in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 293.10 Td (October 2013. In its Profit Sharing Complaint, the Committee alleged the Company breached the 1993 Settlement ) Tj ET Q q 0 0 0 rg BT 507.74 293.10 Td (Agreement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 281.10 Td (and violated ERISA) Tj ET Q q 0 0 0 rg BT 129.49 281.10 Td ( by failing to properly calculate profit sharing contributions due under the Supplemental Benefit ) Tj ET Q q 0 0 0 rg BT 515.87 281.10 Td (T) Tj ET Q q 0 0 0 rg BT 521.63 281.10 Td (rust Profit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.10 Td (Sharing Plan. ) Tj ET Q q 0 0 0 rg BT 105.71 269.10 Td (The Committee seeks damages in excess of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.04 269.10 Td ($50 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.44 269.10 Td (, injunctive relief and reimbursement of attorneys' fees ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.10 Td (and costs. Following the resolution of a procedural dispute by the U.S. Court of ) Tj ET Q q 0 0 0 rg BT 369.73 257.10 Td (Appeals for the 6th Circuit, in May 2015, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.10 Td (Court ordered that the claims in the Profit Sharing Complaint be arbitrated pursuant to the dispute resolution procedures in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.10 Td (Supplemental Benefit ) Tj ET Q q 0 0 0 rg BT 138.74 233.10 Td (T) Tj ET Q q 0 0 0 rg BT 144.50 233.10 Td (rust Profit Sharing Plan. In November 2015, the Company and the Committee selected an arbitrator) Tj ET Q q 0 0 0 rg BT 542.19 233.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.10 Td (The arbitration discovery process commenced and on ) Tj ET Q q 0 0 0 rg BT 265.26 221.10 Td (August 1, 2016, the parties submitted briefs on issues related to the scope ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 209.10 Td (of the arbitration. On June 29, 2017, the arbitrator ruled, among other things, that the arbitration will include Supplemental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 197.10 Td (Benefit ) Tj ET Q q 0 0 0 rg BT 81.25 197.10 Td (T) Tj ET Q q 0 0 0 rg BT 87.01 197.10 Td (rust Profit Sharing Plan calculations for the years ending October 31, 2001 through October 31, 2014. On September ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 185.10 Td (21, 2018, the arbitrator set a schedule to rule on all issues and determine final calculations by ) Tj ET Q q 0 0 0 rg BT 424.11 185.10 Td (April 15, 2020. On ) Tj ET Q q 0 0 0 rg BT 501.89 185.10 Td (April 29, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 173.10 Td (2019, the arbitrator ordered a new schedule for arbitration, and the arbitrator's final determination is expected by ) Tj ET Q q 0 0 0 rg BT 501.41 173.10 Td (April 30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 161.10 Td (2020. On September 13, 2019, the Committee filed an omnibus discovery motion with the arbitrator) Tj ET Q q 0 0 0 rg BT 449.86 161.10 Td (, alleging various discovery ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 149.10 Td (violations by the Company) Tj ET Q q 0 0 0 rg BT 156.90 149.10 Td (. On October 30, 2019, the Company and the Committee met with the Court regarding the motion to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.10 Td (enforce discussed below) Tj ET Q q 0 0 0 rg BT 146.59 137.10 Td (, and the parties agreed on a plan for the Company to respond to the Committee) Tj ET Q q 0 0 0 rg BT 467.62 137.10 Td (s information and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 125.10 Td (document requests in the arbitration. On November 5, 2019, the Committee withdrew the motion without prejudice. ) Tj ET Q q 0 0 0 rg BT 520.33 125.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 113.10 Td (parties are in the process of proposing a new date to the arbitrator for the completion of the arbitration. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 95.10 Td (By letter dated February 14, 2019, the Committee indicated the Company) Tj ET Q q 0 0 0 rg BT 346.65 95.10 Td (s Supplemental Benefit ) Tj ET Q q 0 0 0 rg BT 442.29 95.10 Td (T) Tj ET Q q 0 0 0 rg BT 448.04 95.10 Td (rust Profit Sharing Plan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 83.10 Td (calculation for the Plan year ending October 31, 2018 reflects numerous positions that have caused the Committee to dispute ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.10 Td (the Supplemental Benefit ) Tj ET Q q 0 0 0 rg BT 153.46 71.10 Td (T) Tj ET Q q 0 0 0 rg BT 159.22 71.10 Td (rust Profit Sharing Plan calculations in the past, and on that basis the Committee disagrees with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 59.10 Td (2018 calculation. In the February 14, 2019 letter) Tj ET Q q 0 0 0 rg BT 245.15 59.10 Td (, the Committee also requested information about the 2018 calculation. On ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 47.10 Td (March 12, 2019, the Committee filed in the Court a motion to enforce the 1993 Settlement ) Tj ET Q q 0 0 0 rg BT 413.31 47.10 Td (Agreement for the Company) Tj ET Q q 0 0 0 rg BT 530.78 47.10 Td (s ) Tj ET Q endstream endobj 207 0 obj <> endobj 208 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (103) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (failure to respond to the Committee) Tj ET Q q 0 0 0 rg BT 194.74 713.10 Td (s February 14, 2019 information requests. On May 15, 2019, the Company responded to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (the information requests. ) Tj ET Q q 0 0 0 rg BT 151.52 701.10 Td (The motion to enforce is still pending with the Court, but on October 30, 2019, the Company and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (Committee met with the Court regarding the motion to enforce, and agreed on a plan for the Company to respond to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (Committee) Tj ET Q q 0 0 0 rg BT 96.72 677.10 Td (s information and document requests about the 2018 calculation.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.10 Td (As noted under Retiree Health Care Litigation below) Tj ET Q q 0 0 0 rg BT 269.61 659.10 Td (, on ) Tj ET Q q 0 0 0 rg BT 286.56 659.10 Td (August 14, 2018, the Company filed a motion to schedule a status ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.10 Td (hearing, in which the Company requested an in-person hearing to discuss the possibility of a global resolution of various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 635.10 Td (disputes under the 1993 Settlement ) Tj ET Q q 0 0 0 rg BT 191.98 635.10 Td (Agreement, including the pending Profit Sharing Complaint. ) Tj ET Q q 0 0 0 rg BT 436.67 635.10 Td (As a result, in-person hearings ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.10 Td (were held on November 2, 2018 and February 22, 2019, and an in-chambers conference with the Court was held on November ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.10 Td (22, 2019. ) Tj ET Q q 0 0 0 rg BT 89.32 611.10 Td (T) Tj ET Q q 0 0 0 rg BT 94.73 611.10 Td (elephone conferences with the Court are scheduled for January 6, 2020 and February 7, 2020, and a hearing is set ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.10 Td (for June 1, 2020. ) Tj ET Q q 0 0 0 rg BT 123.94 599.10 Td (Additional hearings may be scheduled in the future.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.10 Td (In addition, various local bar) Tj ET Q q 0 0 0 rg BT 164.56 581.10 Td (gaining units of the UA) Tj ET Q q 0 0 0 rg BT 258.20 581.10 Td (W) Tj ET Q q 0 0 0 rg BT 267.45 581.10 Td ( have filed separate grievances pursuant to the profit sharing plans under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (various collective bar) Tj ET Q q 0 0 0 rg BT 135.39 569.10 Td (gaining agreements in ef) Tj ET Q q 0 0 0 rg BT 233.79 569.10 Td (fect between the Company and the UA) Tj ET Q q 0 0 0 rg BT 388.49 569.10 Td (W) Tj ET Q q 0 0 0 rg BT 397.75 569.10 Td ( that may have similar legal and factual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.10 Td (issues as the Profit Sharing Complaint.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (Based on our assessment of the facts underlying the claims in the above actions, we are unable to provide meaningful ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 527.10 Td (quantification of how the final resolution of these claims may impact our future consolidated financial condition, results of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 515.10 Td (operations, or cash flows.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (Retir) Tj ET Q q 0 0 0 rg BT 69.12 497.10 Td (ee Health Car) Tj ET Q q 0 0 0 rg BT 125.41 497.10 Td (e Litigation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.10 Td (On October 21, 2016, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.93 479.10 Td (two) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.93 479.10 Td ( lawsuits were filed in the Court relating to postretirement healthcare and life insurance obligations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.10 Td (under the 1993 Settlement ) Tj ET Q q 0 0 0 rg BT 156.70 467.10 Td (Agreement. ) Tj ET Q q 0 0 0 rg BT 205.95 467.10 Td (The first lawsuit \(the Committee) Tj ET Q q 0 0 0 rg BT 343.69 467.10 Td (s Complaint\) was filed by the Committee.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.10 Td (The Committee) Tj ET Q q 0 0 0 rg BT 114.76 449.10 Td (s Complaint was filed against NIC, NI, NFC and a former af) Tj ET Q q 0 0 0 rg BT 356.48 449.10 Td (filiate, all of which are parties to the 1993 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.10 Td (Settlement ) Tj ET Q q 0 0 0 rg BT 94.22 437.10 Td (Agreement.Since January 1, 2012, the Navistar) Tj ET Q q 0 0 0 rg BT 285.15 437.10 Td (, Inc. Retiree Health Benefit ) Tj ET Q q 0 0 0 rg BT 400.20 437.10 Td (T) Tj ET Q q 0 0 0 rg BT 405.96 437.10 Td (rust, created pursuant to the 1993 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (Settlement ) Tj ET Q q 0 0 0 rg BT 94.22 425.10 Td (Agreement \(the Base ) Tj ET Q q 0 0 0 rg BT 185.38 425.10 Td (T) Tj ET Q q 0 0 0 rg BT 191.14 425.10 Td (rust\), has received certain Medicare Part D subsidies from the federal Centers for Medicare ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (and Medicaid Services that were made available for prescription drug benefits provided to Medicare-eligible seniors pursuant to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (the Medicare Prescription Drug, Improvement, and Modernization ) Tj ET Q q 0 0 0 rg BT 317.48 401.10 Td (Act of 2003 and has also received certain Medicare Part D ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (coverage-gap discounts from prescription drug manufacturers that were made available to eligible seniors pursuant to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.10 Td (Patient Protection and ) Tj ET Q q 0 0 0 rg BT 139.76 377.10 Td (Af) Tj ET Q q 0 0 0 rg BT 150.13 377.10 Td (fordable Care ) Tj ET Q q 0 0 0 rg BT 206.78 377.10 Td (Act \(collectively) Tj ET Q q 0 0 0 rg BT 273.04 377.10 Td (, the Subsidies\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.10 Td (The Committee alleges, among other things, that the defendants breached the 1993 Settlement ) Tj ET Q q 0 0 0 rg BT 428.01 359.10 Td (Agreement since January 1, 2012 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.10 Td (by causing the Base ) Tj ET Q q 0 0 0 rg BT 131.52 347.10 Td (T) Tj ET Q q 0 0 0 rg BT 137.28 347.10 Td (rust to allocate the Subsidies in a manner that improperly decreased the defendants) Tj ET Q q 0 0 0 rg BT 470.87 347.10 Td ( contributions to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 335.10 Td (Base ) Tj ET Q q 0 0 0 rg BT 71.26 335.10 Td (T) Tj ET Q q 0 0 0 rg BT 77.01 335.10 Td (rust and increased retiree contributions.) Tj ET Q q 0 0 0 rg BT 237.33 335.10 Td (The Committee seeks damages, attorneys) Tj ET Q q 0 0 0 rg BT 405.71 335.10 Td ( fees and costs for all alleged ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.10 Td (violations of the 1993 Settlement ) Tj ET Q q 0 0 0 rg BT 184.21 323.10 Td (Agreement, including approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.16 323.10 Td ($26 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.55 323.10 Td ( which the Committee alleges is the eligible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.10 Td (retirees) Tj ET Q q 0 0 0 rg BT 81.51 311.10 Td ( fair share of the Subsidies that were allegedly misappropriated by the defendants from January) Tj ET Q q 0 0 0 rg BT 470.73 311.10 Td (, 2012 through ) Tj ET Q q 0 0 0 rg BT 531.28 311.10 Td (April, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 299.10 Td (2015.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 281.10 Td (The second lawsuit was filed by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.58 281.10 Td (two) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.58 281.10 Td ( individual members of the Committee \(the Committee Members\) who are retirees and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.10 Td (participants in the Navistar) Tj ET Q q 0 0 0 rg BT 157.12 269.10 Td (, Inc. Health Benefit and Life Insurance Plan \(the Plan\) created pursuant to the 1993 Settlement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.10 Td (Agreement.) Tj ET Q q 0 0 0 rg BT 98.74 257.10 Td (The Committee Members) Tj ET Q q 0 0 0 rg BT 204.08 257.10 Td ( complaint \(the Committee Members) Tj ET Q q 0 0 0 rg BT 358.86 257.10 Td ( Complaint\) was filed against NIC, NI, NFC and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.10 Td (certain other former or current af) Tj ET Q q 0 0 0 rg BT 181.19 245.10 Td (filiates, all of which are parties or employers as defined in the 1993 Settlement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.10 Td (Agreement.) Tj ET Q q 0 0 0 rg BT 98.74 233.10 Td (The Committee Members allege, among other things, that the Company violated the terms of the Plan, breached a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.10 Td (fiduciary duty under ERISA, and engaged in ERISA-prohibited transactions by improperly using the Plan) Tj ET Q q 0 0 0 rg BT 475.53 221.10 Td (s assets \(a portion of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 209.10 Td (the Subsidies\) for the Company) Tj ET Q q 0 0 0 rg BT 178.93 209.10 Td (s benefit.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.10 Td (The Committee Members request that the Court order the defendants to restore all losses to the Base ) Tj ET Q q 0 0 0 rg BT 453.38 191.10 Td (T) Tj ET Q q 0 0 0 rg BT 459.13 191.10 Td (rust, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.76 179.10 Td ($26 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.15 179.10 Td (, which the Committee Members allege is the Plan participants) Tj ET Q q 0 0 0 rg BT 409.79 179.10 Td ( fair share of the Subsidies that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.10 Td (were allegedly misappropriated by the defendants from January 2012 through ) Tj ET Q q 0 0 0 rg BT 362.19 167.10 Td (April 2015.) Tj ET Q q 0 0 0 rg BT 410.61 167.10 Td (The Committee Members also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.10 Td (request that the Court enjoin the defendants from alleged future violations of the Plan and ERISA) Tj ET Q q 0 0 0 rg BT 439.13 155.10 Td ( with respect to treatment of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 143.10 Td (the Subsidies, order the defendants to remedy all alleged ERISA-prohibited transactions and pay the Committee Members) Tj ET Q q 0 0 0 rg BT 540.30 143.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 131.10 Td (attorneys) Tj ET Q q 0 0 0 rg BT 88.74 131.10 Td ( fees and costs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 113.10 Td (The defendants filed motions to dismiss each respective complaint on January 10, 2017. On May 10, 2017, the Court dismissed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.10 Td (the Committee's Complaint with prejudice, stating that the Committee lacked standing to bring its claims. ) Tj ET Q q 0 0 0 rg BT 474.10 101.10 Td (W) Tj ET Q q 0 0 0 rg BT 483.14 101.10 Td (ith respect to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 89.10 Td (Committee Members) Tj ET Q q 0 0 0 rg BT 136.79 89.10 Td ( Complaint, the Court declined to dismiss the complaint, but ordered the parties to conduct discovery ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 77.10 Td (regarding whether the Committee Members) Tj ET Q q 0 0 0 rg BT 227.03 77.10 Td ( Complaint is barred by the applicable statute of limitations and to file a motion for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 65.10 Td (summary judgment thereafter on that issue of timeliness. ) Tj ET Q q 0 0 0 rg BT 278.99 65.10 Td (The defendants filed their motion for summary judgment on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 53.10 Td (September 21, 2017, the Committee Members) Tj ET Q q 0 0 0 rg BT 236.78 53.10 Td ( filed their opposition on November 2, 2017, and the defendants filed their reply ) Tj ET Q endstream endobj 209 0 obj <> endobj 210 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (104) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (on November 22, 2017. On June 26, 2018, the Court conditionally overruled the defendants) Tj ET Q q 0 0 0 rg BT 418.96 713.10 Td ( motion for summary judgment. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (The Court bifurcated the case and in September 2018 the Court conducted a trial on the issue of whether the Committee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (Members) Tj ET Q q 0 0 0 rg BT 89.86 689.10 Td ( Complaint is barred by the applicable statute of limitations. On November 20, 2018, the Committee Members filed a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (motion for sanctions, alleging various discovery and trial misconduct by the defendants and requesting that the Court enter ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (judgment in favor of the Committee Members with respect to the statute of limitations issue and award attorneys) Tj ET Q q 0 0 0 rg BT 502.82 665.10 Td ( fees to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (Committee Members. On December 1) Tj ET Q q 0 0 0 rg BT 202.14 653.10 Td (1, 2018, the defendants filed their opposition to the Committee Members) Tj ET Q q 0 0 0 rg BT 496.34 653.10 Td ( motion for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (sanctions. On March 26, 2019, the Court granted the Committee Members) Tj ET Q q 0 0 0 rg BT 349.53 641.10 Td ( motion for sanctions and ordered that discovery ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.10 Td (related to the statute of limitations be re-opened through May 28, 2019, and the Court subsequently extended the statute of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (limitations discovery period to October 7, 2019. ) Tj ET Q q 0 0 0 rg BT 244.01 617.10 Td (The Court held a hearing on October 7, 2019 and October 8, 2019 to complete ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (the record on the statute of limitations defense. Briefing on the statute of limitations issue is scheduled for completion in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.10 Td (January 2020. ) Tj ET Q q 0 0 0 rg BT 107.92 593.10 Td (The Court also ordered the Company to pay certain of the Committee Members legal and other costs to file the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.10 Td (motion for sanctions and to conduct additional discovery related to the statute of limitations issue.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (On ) Tj ET Q q 0 0 0 rg BT 63.67 563.10 Td (August 14, 2018, under the original Shy et. al. v) Tj ET Q q 0 0 0 rg BT 255.50 563.10 Td (. Navistar International Corporation, Civil ) Tj ET Q q 0 0 0 rg BT 425.74 563.10 Td (Action No. 3:92-CV) Tj ET Q q 0 0 0 rg BT 506.76 563.10 Td (-333 \(S.D. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (Ohio 1992\), the Company filed a motion to schedule a status hearing to request an in-person hearing to discuss the possibility ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (of a global resolution of various disputes under the 1993 Settlement ) Tj ET Q q 0 0 0 rg BT 322.51 539.10 Td (Agreement, including but not limited to resolving the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 527.10 Td (pending Profit Sharing Complaint and Committee Members) Tj ET Q q 0 0 0 rg BT 292.06 527.10 Td ( Complaint described above. ) Tj ET Q q 0 0 0 rg BT 408.42 527.10 Td (As a result, in-person hearings were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 515.10 Td (held on November 2, 2018 and February 22, 2019 and an in-chambers conference with the Court was held on November 22, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 503.10 Td (2019. ) Tj ET Q q 0 0 0 rg BT 74.32 503.10 Td (T) Tj ET Q q 0 0 0 rg BT 79.73 503.10 Td (elephone conferences with the Court are scheduled for January 6, 2020 and February 7, 2020, and a hearing is set for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.10 Td (June 1, 2020. ) Tj ET Q q 0 0 0 rg BT 104.78 491.10 Td (Additional hearings may be scheduled in the future.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 473.10 Td (Based on our assessment of the facts underlying the claims in the above actions, we are unable to provide meaningful ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.10 Td (quantification of how the final resolution of these claims may impact our future consolidated financial condition, results of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.10 Td (operations, or cash flows.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 431.10 Td (F) Tj ET Q q 0 0 0 rg BT 54.32 431.10 Td (A) Tj ET Q q 0 0 0 rg BT 60.06 431.10 Td (TMA) Tj ET Q q 0 0 0 rg BT 79.88 431.10 Td ( Notice) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (International Indstria ) Tj ET Q q 0 0 0 rg BT 140.58 413.10 Td (Automotiva da ) Tj ET Q q 0 0 0 rg BT 202.24 413.10 Td (Amrica do Sul Ltda. \("IIAA"\), formerly known as Maxion International Motores S/A) Tj ET Q q 0 0 0 rg BT 547.83 413.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (\("Maxion"\), now a wholly owned subsidiary of the Company) Tj ET Q q 0 0 0 rg BT 293.92 401.10 Td (, received a notice \(the F) Tj ET Q q 0 0 0 rg BT 396.46 401.10 Td (A) Tj ET Q q 0 0 0 rg BT 402.58 401.10 Td (TMA) Tj ET Q q 0 0 0 rg BT 424.25 401.10 Td ( Notice\) in July2010 from the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (State of Santa Catarina Environmental Protection ) Tj ET Q q 0 0 0 rg BT 248.89 389.10 Td (Agency \("F) Tj ET Q q 0 0 0 rg BT 294.72 389.10 Td (A) Tj ET Q q 0 0 0 rg BT 300.84 389.10 Td (TMA"\) in Brazil.) Tj ET Q q 0 0 0 rg BT 372.50 389.10 Td (The F) Tj ET Q q 0 0 0 rg BT 395.37 389.10 Td (A) Tj ET Q q 0 0 0 rg BT 401.48 389.10 Td (TMA) Tj ET Q q 0 0 0 rg BT 423.15 389.10 Td ( Notice alleged that Maxion sent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.10 Td (waste to a facility owned and operated by a company known as Natureza \(the Natureza Facility\) and that soil and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.10 Td (groundwater contamination had occurred at the Natureza Facility) Tj ET Q q 0 0 0 rg BT 309.58 365.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.10 Td (The F) Tj ET Q q 0 0 0 rg BT 72.37 347.10 Td (A) Tj ET Q q 0 0 0 rg BT 78.48 347.10 Td (TMA) Tj ET Q q 0 0 0 rg BT 100.15 347.10 Td ( Notice asserted liability against Maxion and assessed an initial penalty in the amount of R) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.57 347.10 Td ($2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.96 347.10 Td ( \(the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 335.10 Td (equivalent of approximately less than US) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.74 335.10 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.13 335.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.35 335.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.05 335.10 Td (\), which is not due and final until all administrative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.10 Td (appeals are exhausted.Maxion was one of numerous companies that received similar notices.IIAA) Tj ET Q q 0 0 0 rg BT 446.32 323.10 Td ( filed an administrative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.10 Td (defense in ) Tj ET Q q 0 0 0 rg BT 92.26 311.10 Td (August 2010 and has not yet received a decision following that filing. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 293.10 Td (In addition to the matter described above, there is a suit pending in the federal court of Brazil in which the federal district ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 281.10 Td (attorney has sued \(a\) F) Tj ET Q q 0 0 0 rg BT 139.84 281.10 Td (A) Tj ET Q q 0 0 0 rg BT 145.96 281.10 Td (TMA, for claims related to F) Tj ET Q q 0 0 0 rg BT 260.74 281.10 Td (A) Tj ET Q q 0 0 0 rg BT 266.85 281.10 Td (TMA) Tj ET Q q 0 0 0 rg BT 287.97 281.10 Td () Tj ET Q q 0 0 0 rg BT 290.75 281.10 Td (s actions in connection with licensing and inspection procedures ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.10 Td (related to the Natureza Facility) Tj ET Q q 0 0 0 rg BT 172.68 269.10 Td (, and \(b\) Selamix, as the current owner of the Natureza Facility) Tj ET Q q 0 0 0 rg BT 424.44 269.10 Td (. In this federal suit, Selamix was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.10 Td (found liable for the contamination at the Natureza Facility due to it being the successor owner of the facility) Tj ET Q q 0 0 0 rg BT 480.93 257.10 Td (. However) Tj ET Q q 0 0 0 rg BT 522.18 257.10 Td (, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.10 Td (federal court) Tj ET Q q 0 0 0 rg BT 103.08 245.10 Td (s decision does not prohibit Selamix from seeking to recover its damages from third parties that contributed to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.10 Td (contamination at the Natureza Facility) Tj ET Q q 0 0 0 rg BT 202.13 233.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 215.10 Td (In connection with the F) Tj ET Q q 0 0 0 rg BT 146.52 215.10 Td (A) Tj ET Q q 0 0 0 rg BT 152.63 215.10 Td (TMA) Tj ET Q q 0 0 0 rg BT 174.30 215.10 Td ( Notice, IIAA) Tj ET Q q 0 0 0 rg BT 229.01 215.10 Td ( presented a motion to the district attorney of the State of Santa Catarina \(the SC ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.10 Td (District ) Tj ET Q q 0 0 0 rg BT 81.44 203.10 Td (Attorney\) to set forth its defenses and correct inaccuracies in the F) Tj ET Q q 0 0 0 rg BT 350.88 203.10 Td (A) Tj ET Q q 0 0 0 rg BT 356.99 203.10 Td (TMA) Tj ET Q q 0 0 0 rg BT 378.66 203.10 Td ( Notice in ) Tj ET Q q 0 0 0 rg BT 420.04 203.10 Td (August 2017. In September 2017, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.10 Td (the SC District ) Tj ET Q q 0 0 0 rg BT 110.89 191.10 Td (Attorney informed IIAA) Tj ET Q q 0 0 0 rg BT 208.65 191.10 Td ( that it intended to present a Consent ) Tj ET Q q 0 0 0 rg BT 356.95 191.10 Td (Agreement to all of the companies that sent waste ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.10 Td (to Natureza to determine the allocation of the liability for generating the waste which led to the contamination of the Natureza ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.10 Td (Facility) Tj ET Q q 0 0 0 rg BT 79.40 167.10 Td (. IIAA) Tj ET Q q 0 0 0 rg BT 104.95 167.10 Td ( then filed a motion requesting that the SC District ) Tj ET Q q 0 0 0 rg BT 308.81 167.10 Td (Attorney consider certain facts and circumstances prior to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.10 Td (presenting the Consent ) Tj ET Q q 0 0 0 rg BT 143.10 155.10 Td (Agreement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.10 Td (In January 2018, the SC District ) Tj ET Q q 0 0 0 rg BT 180.32 137.10 Td (Attorney) Tj ET Q q 0 0 0 rg BT 215.22 137.10 Td (, local and state authorities, Selamix, IIAA) Tj ET Q q 0 0 0 rg BT 385.45 137.10 Td ( and the 14 other companies \(together) Tj ET Q q 0 0 0 rg BT 536.11 137.10 Td (, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 125.10 Td ("Companies"\) that are alleged to have significantly contributed to the contamination met to discuss the matter) Tj ET Q q 0 0 0 rg BT 487.83 125.10 Td (. Selamix then ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 113.10 Td (presented three proposals for conducting a preliminary environmental assessment in the area to determine the allocation of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.10 Td (liability among the Companies. In March 2018, Selamix informed the SC District ) Tj ET Q q 0 0 0 rg BT 377.79 101.10 Td (Attorney that it would voluntarily conduct a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 89.10 Td (preliminary environmental study at the Natureza Facility in an attempt to determine and allocate the liability for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 77.10 Td (contamination pursuant to an agreement with the Companies after the study is completed. ) Tj ET Q q 0 0 0 rg BT 410.33 77.10 Td (The SC District ) Tj ET Q q 0 0 0 rg BT 475.06 77.10 Td (Attorney agreed to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 65.10 Td (suspend further inquiry into the matter until Selamix) Tj ET Q q 0 0 0 rg BT 262.52 65.10 Td (s study had been completed. ) Tj ET Q q 0 0 0 rg BT 377.86 65.10 Td (The Companies \(other than Selamix\) have ) Tj ET Q endstream endobj 211 0 obj <> endobj 212 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (expressed an interest in having an independent environmental study conducted. ) Tj ET Q q 0 0 0 rg BT 368.95 713.10 Td (The SC District ) Tj ET Q q 0 0 0 rg BT 433.67 713.10 Td (Attorney has indicated that it ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (may consider requiring an independent environmental study after Selamix) Tj ET Q q 0 0 0 rg BT 348.86 701.10 Td (s environmental study is completed.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.10 Td (In June 2018, Selamix presented its Environmental Preliminary ) Tj ET Q q 0 0 0 rg BT 305.29 683.10 Td (Assessment Report to the SC District ) Tj ET Q q 0 0 0 rg BT 456.39 683.10 Td (Attorney and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (Companies alleged to have contributed to the contamination and the report indicated that the entire property should be subject ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.10 Td (to further studies to confirm the type and extent of the contamination due to signs of buried residues in several areas. Selamix ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.10 Td (also presented commercial proposals from two additional companies specializing in environmental studies to perform the next ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 635.10 Td (steps of the technical work. ) Tj ET Q q 0 0 0 rg BT 161.51 635.10 Td (The SC District ) Tj ET Q q 0 0 0 rg BT 226.23 635.10 Td (Attorney then requested a third commercial proposal which was to be presented and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.10 Td (paid for by Selamix. One of the commercial proposals included an Environmental Preliminary ) Tj ET Q q 0 0 0 rg BT 428.85 623.10 Td (Assessment Report \("Phase 1 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.10 Td (Study"\) and indicated that a Phase 2 assessment should be performed to include: \(i\) geophysical investigations to identify ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.10 Td (buried drums; \(ii\) investigations to verify and delimitate the volume and size of the contamination; and \(iii\) sample collection ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (and analysis of soil and water) Tj ET Q q 0 0 0 rg BT 167.53 587.10 Td (. In July 2019, the SC District ) Tj ET Q q 0 0 0 rg BT 291.42 587.10 Td (Attorney requested that each of the Companies \(including IIAA\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (inform the SC District ) Tj ET Q q 0 0 0 rg BT 140.61 575.10 Td (Attorney of whether they intend to contribute to the costs of the portion of the Phase 2 assessment related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (to geophysical investigations to identify buried drums at the Natureza Facility) Tj ET Q q 0 0 0 rg BT 360.44 563.10 Td (. ) Tj ET Q q 0 0 0 rg BT 367.76 563.10 Td (The request did not include any information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (related to the potential range of the associated costs or indicate whether contributions for the cost of the other portions of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (Phase 2 assessment would be sought from the Companies \(including IIAA\). IIAA) Tj ET Q q 0 0 0 rg BT 376.12 539.10 Td ( responded to the request indicating that it ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 527.10 Td (would not contribute to the cost of the Phase 2 assessment related to geophysical investigations and requested a meeting with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 515.10 Td (the SC District ) Tj ET Q q 0 0 0 rg BT 110.89 515.10 Td (Attorney to discuss the next steps in the process.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (IIAA) Tj ET Q q 0 0 0 rg BT 70.05 497.10 Td ( continues to dispute the allegations in the F) Tj ET Q q 0 0 0 rg BT 245.39 497.10 Td (A) Tj ET Q q 0 0 0 rg BT 251.51 497.10 Td (TMA) Tj ET Q q 0 0 0 rg BT 273.18 497.10 Td ( Notice and intends to continue to vigorously defend itself. Currently) Tj ET Q q 0 0 0 rg BT 548.30 497.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.10 Td (no demands or of) Tj ET Q q 0 0 0 rg BT 119.03 485.10 Td (fers are outstanding.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 467.10 Td (Sao Paulo Gr) Tj ET Q q 0 0 0 rg BT 104.13 467.10 Td (oundwater Notice) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.10 Td (In March 2014, IIAA, along with other nearby companies, received from the Sao Paulo District ) Tj ET Q q 0 0 0 rg BT 433.28 449.10 Td (Attorney \(the "District ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.10 Td (Attorney"\) a notice and proposed Consent ) Tj ET Q q 0 0 0 rg BT 219.66 437.10 Td (Agreement relating to alleged neighborhood-wide groundwater contamination at or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (around its Sao Paulo manufacturing facility) Tj ET Q q 0 0 0 rg BT 222.98 425.10 Td (. ) Tj ET Q q 0 0 0 rg BT 227.80 425.10 Td (The proposed Consent ) Tj ET Q q 0 0 0 rg BT 319.73 425.10 Td (Agreement sought certain groundwater investigations and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (other technical relief and proposed sanctions in the amount of R) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.54 413.10 Td ($3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.93 413.10 Td ( \(the equivalent of approximately less than US) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.71 413.10 Td ($1 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 401.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.61 401.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.32 401.10 Td (\). In November 2014, IIAA) Tj ET Q q 0 0 0 rg BT 269.73 401.10 Td ( extended a settlement of) Tj ET Q q 0 0 0 rg BT 369.51 401.10 Td (fer) Tj ET Q q 0 0 0 rg BT 380.06 401.10 Td (. ) Tj ET Q q 0 0 0 rg BT 384.88 401.10 Td (The parties remained in discussions and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (IIAA) Tj ET Q q 0 0 0 rg BT 69.50 389.10 Td () Tj ET Q q 0 0 0 rg BT 72.27 389.10 Td (s settlement of) Tj ET Q q 0 0 0 rg BT 130.41 389.10 Td (fer was never accepted, rejected or countered by the District ) Tj ET Q q 0 0 0 rg BT 372.80 389.10 Td (Attorney) Tj ET Q q 0 0 0 rg BT 407.69 389.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.10 Td (On ) Tj ET Q q 0 0 0 rg BT 63.67 371.10 Td (August 31, 2016, the District ) Tj ET Q q 0 0 0 rg BT 181.72 371.10 Td (Attorney filed civil actions against IIAA) Tj ET Q q 0 0 0 rg BT 343.07 371.10 Td ( and other companies in the Central Forum of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.10 Td (capital of the State of Sao Paulo seeking soil and groundwater investigation and remediation, together with monetary payment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.10 Td (in an unspecified amount. IIAA) Tj ET Q q 0 0 0 rg BT 175.86 347.10 Td ( filed its defense to the civil action on January 26, 2017, alleging that IIAA) Tj ET Q q 0 0 0 rg BT 475.23 347.10 Td ( has made all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 335.10 Td (necessary investigations and has taken remedial measures to address the contamination and that Companhia ) Tj ET Q q 0 0 0 rg BT 482.71 335.10 Td (Ambiental do ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.10 Td (Estado de Sao Paulo \("CETESB"\), the environmental agency of Sao Paulo State, has agreed to the remedial measures taken by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.10 Td (IIAA. On June 20, 2017, IIAA) Tj ET Q q 0 0 0 rg BT 171.71 311.10 Td ( presented a petition requesting a 90-day suspension of the lawsuit. IIAA) Tj ET Q q 0 0 0 rg BT 462.75 311.10 Td ( has since held and is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 299.10 Td (currently engaged in discussions with the District ) Tj ET Q q 0 0 0 rg BT 249.19 299.10 Td (Attorney regarding settlement of this matter) Tj ET Q q 0 0 0 rg BT 424.42 299.10 Td (. ) Tj ET Q q 0 0 0 rg BT 429.24 299.10 Td (The District ) Tj ET Q q 0 0 0 rg BT 479.23 299.10 Td (Attorney agreed to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 287.10 Td (an initial suspension on June 30, 2017 and a subsequent suspension for an additional 90 days which ended on July 9, 2018.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.10 Td (A) Tj ET Q q 0 0 0 rg BT 56.17 269.10 Td ( new district attorney \(the New District ) Tj ET Q q 0 0 0 rg BT 219.18 269.10 Td (Attorney\) assumed responsibility for the case in February 2018. ) Tj ET Q q 0 0 0 rg BT 481.16 269.10 Td (The New District ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.10 Td (Attorney would like the companies involved to try to reach a settlement agreement as to the remediation ef) Tj ET Q q 0 0 0 rg BT 476.68 257.10 Td (forts to be taken after ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.10 Td (having discussions and negotiations with the New District ) Tj ET Q q 0 0 0 rg BT 283.92 245.10 Td (Attorney) Tj ET Q q 0 0 0 rg BT 322.24 245.10 Td (s technical experts. IIAA) Tj ET Q q 0 0 0 rg BT 421.65 245.10 Td ( attempted to schedule a meeting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.10 Td (with the New District ) Tj ET Q q 0 0 0 rg BT 137.82 233.10 Td (Attorney) Tj ET Q q 0 0 0 rg BT 176.15 233.10 Td (s technical experts. IIAA) Tj ET Q q 0 0 0 rg BT 275.55 233.10 Td ( met with the New District ) Tj ET Q q 0 0 0 rg BT 383.87 233.10 Td (Attorney on July 25, 2018. ) Tj ET Q q 0 0 0 rg BT 493.41 233.10 Td (The New ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.10 Td (District ) Tj ET Q q 0 0 0 rg BT 81.44 221.10 Td (Attorney has indicated that he will request information related to the status of the current remediation from CETESB. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 209.10 Td (After receiving that information, the New District ) Tj ET Q q 0 0 0 rg BT 250.55 209.10 Td (Attorney indicated that he will schedule a meeting with IIAA) Tj ET Q q 0 0 0 rg BT 495.20 209.10 Td ( to discuss the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 197.10 Td (proposed terms of a potential settlement agreement and granted a third suspension on ) Tj ET Q q 0 0 0 rg BT 392.46 197.10 Td (August 14, 2018 which ended on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 185.10 Td (November 14, 2018. ) Tj ET Q q 0 0 0 rg BT 133.66 185.10 Td (Although the suspension was technically terminated, the New District ) Tj ET Q q 0 0 0 rg BT 415.26 185.10 Td (Attorney continued to evaluate the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 173.10 Td (possibility of settlement. ) Tj ET Q q 0 0 0 rg BT 150.42 173.10 Td (The New District ) Tj ET Q q 0 0 0 rg BT 221.79 173.10 Td (Attorney requested a suspension, which was granted by the court and technically ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 161.10 Td (ended on ) Tj ET Q q 0 0 0 rg BT 87.83 161.10 Td (August 26, 2019. On September 6, 2019, the New District ) Tj ET Q q 0 0 0 rg BT 322.24 161.10 Td (Attorney requested that \(a\) the case be continued due to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 149.10 Td (absence of a formal settlement agreement proposal, and \(b\) the judge required the Department of ) Tj ET Q q 0 0 0 rg BT 441.66 149.10 Td (W) Tj ET Q q 0 0 0 rg BT 450.30 149.10 Td (ater and Electric Ener) Tj ET Q q 0 0 0 rg BT 537.01 149.10 Td (gy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.10 Td (\(DAEE\) and So Paulo State Sewage Company \(SABESP\) to answer inquiries related to the case. Subsequently) Tj ET Q q 0 0 0 rg BT 514.85 137.10 Td (, the New ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 125.10 Td (District ) Tj ET Q q 0 0 0 rg BT 81.44 125.10 Td (Attorney suggested the case be suspended for another 180 days to allow for the further elaboration of the New District ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 113.10 Td (Attorney) Tj ET Q q 0 0 0 rg BT 87.83 113.10 Td (s technical expert) Tj ET Q q 0 0 0 rg BT 160.57 113.10 Td (s opinion. On September 10, 2019, the judge granted the New District ) Tj ET Q q 0 0 0 rg BT 442.46 113.10 Td (Attorney's request to require ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.10 Td (answers from DAEE and SABESP) Tj ET Q q 0 0 0 rg BT 188.56 101.10 Td ( on October 23, 2019. DAEE and SABESP) Tj ET Q q 0 0 0 rg BT 360.68 101.10 Td ( responded to the requests and the parties are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 89.10 Td (currently reviewing the information provided. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.10 Td (There are no current demands or of) Tj ET Q q 0 0 0 rg BT 190.36 71.10 Td (fers outstanding.) Tj ET Q endstream endobj 213 0 obj <> endobj 214 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (106) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (MaxxFor) Tj ET Q q 0 0 0 rg BT 86.34 713.10 Td (ce Engine EGR W) Tj ET Q q 0 0 0 rg BT 157.89 713.10 Td (arranty Litigation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.10 Td (On June 24, 2014, N&C ) Tj ET Q q 0 0 0 rg BT 149.04 695.10 Td (T) Tj ET Q q 0 0 0 rg BT 154.80 695.10 Td (ransportation Ltd. \("N&C"\) filed a putative class action lawsuit against NIC, NI, Navistar Canada ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.10 Td (Inc., and Harbour International ) Tj ET Q q 0 0 0 rg BT 175.94 683.10 Td (T) Tj ET Q q 0 0 0 rg BT 181.69 683.10 Td (rucks in Canada in the Supreme Court of British Columbia \(the "N&C ) Tj ET Q q 0 0 0 rg BT 465.18 683.10 Td (Action"\). Subsequently) Tj ET Q q 0 0 0 rg BT 558.05 683.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (seven additional, similar putative class action lawsuits have been filed in Canada \(together with the N&C ) Tj ET Q q 0 0 0 rg BT 472.44 671.10 Td (Action, the "Canadian ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.10 Td (Actions"\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (From June 13-17, 2016, the court conducted a certification hearing in the N&C ) Tj ET Q q 0 0 0 rg BT 368.03 641.10 Td (Action. On November 16, 2016, the court ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.10 Td (certified a Canada-wide class comprised of persons who purchased heavy-duty trucks equipped with ) Tj ET Q q 0 0 0 rg BT 453.54 629.10 Td (Advanced EGR ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (MaxxForce 1) Tj ET Q q 0 0 0 rg BT 102.73 617.10 Td (1, MaxxForce 13, and MaxxForce 15 engines designed to meet 2010 EP) Tj ET Q q 0 0 0 rg BT 390.92 617.10 Td (A) Tj ET Q q 0 0 0 rg BT 397.59 617.10 Td ( regulations. ) Tj ET Q q 0 0 0 rg BT 449.34 617.10 Td (The court in the N&C ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (Action denied certification to persons who operated but did not buy the trucks in question. On November 2, 2017, NIC, NI, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.10 Td (Navistar Canada Inc. and Harbour International ) Tj ET Q q 0 0 0 rg BT 242.30 593.10 Td (T) Tj ET Q q 0 0 0 rg BT 248.05 593.10 Td (rucks filed a notice of appeal. On December 8, 2017, the plaintif) Tj ET Q q 0 0 0 rg BT 505.56 593.10 Td (f filed a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.10 Td (notice of cross-appeal. Both the appeal and cross-appeal were heard by the British Columbia Court of ) Tj ET Q q 0 0 0 rg BT 457.99 581.10 Td (Appeal on February 9, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (2018. On ) Tj ET Q q 0 0 0 rg BT 88.67 569.10 Td (August 1, 2018, the appellate court denied our appeal and granted, in part, N&C's cross-appeal and as such certified ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.10 Td (three narrow issues on whether misrepresentations were made in Navistar's advertising materials. On September 28, 2018, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.10 Td (Navistar sought leave to appeal the certification decision to the Supreme Court of Canada, but leave was denied on March 28, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.10 Td (2019. ) Tj ET Q q 0 0 0 rg BT 74.32 533.10 Td (The next step will be an attendance before the case management judge regarding the details of the notice of certification ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (to be given to the class. No date for this attendance has been set.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 503.10 Td (On June 5, 2017, a hearing was held in the Quebec putative class action lawsuit captioned 4037308 Canada Inc. v) Tj ET Q q 0 0 0 rg BT 503.72 503.10 Td (. Navistar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.10 Td (Canada Inc., NI, and NIC. ) Tj ET Q q 0 0 0 rg BT 156.41 491.10 Td (At that hearing, the court ruled on certain motions regarding evidence related to certification but ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.10 Td (deferred a ruling on plaintif) Tj ET Q q 0 0 0 rg BT 159.83 479.10 Td (f) Tj ET Q q 0 0 0 rg BT 163.71 479.10 Td () Tj ET Q q 0 0 0 rg BT 166.49 479.10 Td (s proposed amendment to narrow the proposed class to Quebec-only purchasers and lessees of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.10 Td (model year 2010-13 vehicles containing MaxxForce 1) Tj ET Q q 0 0 0 rg BT 265.74 467.10 Td (1, 13, and 15 liter engines.On November 23, 2017, we filed a motion to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.10 Td (stay the Quebec case until the British Columbia Court of ) Tj ET Q q 0 0 0 rg BT 278.35 455.10 Td (Appeal rules on the certification order in the N&C ) Tj ET Q q 0 0 0 rg BT 481.90 455.10 Td (Action.) Tj ET Q q 0 0 0 rg BT 513.93 455.10 Td (The stay ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.10 Td (motion was granted on December 7, 2017.) Tj ET Q q 0 0 0 rg BT 221.78 443.10 Td (The decision of the British Columbia Court of ) Tj ET Q q 0 0 0 rg BT 408.42 443.10 Td (Appeal was provided to the Quebec ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 431.10 Td (court. On September 6, 2018, the stay was extended until the Supreme Court of Canada decides the application for leave to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 419.10 Td (appeal in the N&C ) Tj ET Q q 0 0 0 rg BT 126.71 419.10 Td (Action. ) Tj ET Q q 0 0 0 rg BT 158.74 419.10 Td (The stay has since been removed, but no hearing date or certification schedule has been set.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (In the Manitoba putative class action lawsuit captioned ) Tj ET Q q 0 0 0 rg BT 272.03 401.10 Td (V) Tj ET Q q 0 0 0 rg BT 278.15 401.10 Td (ern Brown v) Tj ET Q q 0 0 0 rg BT 327.49 401.10 Td (. Navistar International Corporation and Navistar Canada, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (Inc., the court held a case management conference on June 29, 2018, after the plaintif) Tj ET Q q 0 0 0 rg BT 391.40 389.10 Td (f failed to file a complete certification ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.10 Td (record by the previously court-ordered due date. ) Tj ET Q q 0 0 0 rg BT 244.80 377.10 Td (The plaintif) Tj ET Q q 0 0 0 rg BT 291.55 377.10 Td (f advised that it expected to file its remaining certification ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.10 Td (af) Tj ET Q q 0 0 0 rg BT 57.09 365.10 Td (fidavits by ) Tj ET Q q 0 0 0 rg BT 101.53 365.10 Td (August 31, 2018, and the court suspended certification scheduling in the interim. ) Tj ET Q q 0 0 0 rg BT 427.11 365.10 Td (The plaintif) Tj ET Q q 0 0 0 rg BT 473.86 365.10 Td (f filed an additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 353.10 Td (af) Tj ET Q q 0 0 0 rg BT 57.09 353.10 Td (fidavit on July 5, 2018. On September 5, 2018, the court adjourned the certification application indefinitely to allow the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 341.10 Td (plaintif) Tj ET Q q 0 0 0 rg BT 78.20 341.10 Td (f to obtain an expert report. On July 30, 2019, the plaintif) Tj ET Q q 0 0 0 rg BT 307.42 341.10 Td (f served an expert report. On October 7, 2019, the plaintif) Tj ET Q q 0 0 0 rg BT 537.99 341.10 Td (f ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 329.10 Td (served an amended motion for certification and requested a hearing to set a schedule leading to a certification hearing. On ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 317.10 Td (October 9, 2019, the court determined that the plaintif) Tj ET Q q 0 0 0 rg BT 265.36 317.10 Td (f did not properly file his certified materials and adjourned the plaintif) Tj ET Q q 0 0 0 rg BT 545.93 317.10 Td (fs) Tj ET Q q 0 0 0 rg BT 555.74 317.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.10 Td (scheduling request. It has not been rescheduled. ) Tj ET Q q 0 0 0 rg BT 242.87 305.10 Td (There are no certification or other hearings scheduled in any of the other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 293.10 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 89.21 293.10 Td (Actions at this time.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 275.10 Td (On July 7, 2014, Par 4 ) Tj ET Q q 0 0 0 rg BT 141.54 275.10 Td (T) Tj ET Q q 0 0 0 rg BT 147.30 275.10 Td (ransport, LLC filed a putative class action lawsuit against NI in the United States District Court for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 263.10 Td (Northern District of Illinois \(the "Par 4 ) Tj ET Q q 0 0 0 rg BT 207.17 263.10 Td (Action"\). Subsequently) Tj ET Q q 0 0 0 rg BT 300.03 263.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.03 263.10 Td (seventeen) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.46 263.10 Td ( additional putative class action lawsuits were filed in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 251.10 Td (various United States district courts, including the Northern District of Illinois, the Eastern District of ) Tj ET Q q 0 0 0 rg BT 457.85 251.10 Td (W) Tj ET Q q 0 0 0 rg BT 466.89 251.10 Td (isconsin, the Southern ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 239.10 Td (District of Florida, the Middle District of Pennsylvania, the Southern District of ) Tj ET Q q 0 0 0 rg BT 370.94 239.10 Td (T) Tj ET Q q 0 0 0 rg BT 376.35 239.10 Td (exas, the ) Tj ET Q q 0 0 0 rg BT 413.65 239.10 Td (W) Tj ET Q q 0 0 0 rg BT 422.29 239.10 Td (estern District of Kentucky) Tj ET Q q 0 0 0 rg BT 530.22 239.10 Td (, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 227.10 Td (District of Minnesota, the Northern District of ) Tj ET Q q 0 0 0 rg BT 236.13 227.10 Td (Alabama, and the District of New Jersey \(together with the Par 4 ) Tj ET Q q 0 0 0 rg BT 497.44 227.10 Td (Action, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 215.10 Td ("U.S. ) Tj ET Q q 0 0 0 rg BT 73.31 215.10 Td (Actions"\). Some of the U.S. ) Tj ET Q q 0 0 0 rg BT 187.39 215.10 Td (Actions name both NIC and NI, and allege matters substantially similar to the Canadian ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.10 Td (Actions. More specifically) Tj ET Q q 0 0 0 rg BT 155.21 203.10 Td (, one or more of the Canadian ) Tj ET Q q 0 0 0 rg BT 276.28 203.10 Td (Actions and the U.S. ) Tj ET Q q 0 0 0 rg BT 361.28 203.10 Td (Actions \(collectively) Tj ET Q q 0 0 0 rg BT 444.21 203.10 Td (, the "EGR Class ) Tj ET Q q 0 0 0 rg BT 514.13 203.10 Td (Actions"\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.10 Td (seek to certify a class of persons or entities in Canada or the United States who purchased and/or leased a ProStar or other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.10 Td (Navistar vehicle equipped with a model year 2008-2013 MaxxForce ) Tj ET Q q 0 0 0 rg BT 324.70 179.10 Td (Advanced EGR engine.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 161.10 Td (In substance, the EGR Class ) Tj ET Q q 0 0 0 rg BT 165.04 161.10 Td (Actions allege that the MaxxForce ) Tj ET Q q 0 0 0 rg BT 305.28 161.10 Td (Advanced EGR engines are defective and that the Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 149.10 Td (and NI failed to disclose and correct the alleged defect. ) Tj ET Q q 0 0 0 rg BT 272.27 149.10 Td (The EGR Class ) Tj ET Q q 0 0 0 rg BT 336.44 149.10 Td (Actions assert claims based on theories of contract, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.10 Td (breach of warranty) Tj ET Q q 0 0 0 rg BT 124.36 137.10 Td (, consumer fraud, unfair competition, misrepresentation and negligence. ) Tj ET Q q 0 0 0 rg BT 414.64 137.10 Td (The EGR Class ) Tj ET Q q 0 0 0 rg BT 478.81 137.10 Td (Actions seek relief ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 125.10 Td (in the form of monetary damages, punitive damages, declaratory relief, interest, fees, and costs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 107.10 Td (On October 3, 2014, NIC and NI filed a motion before the United States Judicial Panel on Multidistrict Litigation \(the "MDL) Tj ET Q q 0 0 0 rg BT 550.33 107.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 95.10 Td (Panel"\) seeking to transfer and consolidate before Judge Joan B. Gottschall of the United States District Court for the Northern ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 83.10 Td (District of Illinois all of the then-pending U.S. ) Tj ET Q q 0 0 0 rg BT 236.70 83.10 Td (Actions, as well as certain non-class action MaxxForce ) Tj ET Q q 0 0 0 rg BT 459.13 83.10 Td (Advanced EGR engine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.10 Td (lawsuits pending in various federal district courts.) Tj ET Q endstream endobj 215 0 obj <> endobj 216 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (107) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (On December 17, 2014, Navistar's motion to consolidate the U.S. ) Tj ET Q q 0 0 0 rg BT 313.48 713.10 Td (Actions and certain other non-class action lawsuits was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (granted. ) Tj ET Q q 0 0 0 rg BT 84.30 701.10 Td (The MDL) Tj ET Q q 0 0 0 rg BT 124.20 701.10 Td ( Panel issued an order consolidating all of the U.S. ) Tj ET Q q 0 0 0 rg BT 328.61 701.10 Td (Actions that were pending on the date of Navistar) Tj ET Q q 0 0 0 rg BT 527.81 701.10 Td () Tj ET Q q 0 0 0 rg BT 530.59 701.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (motion before Judge Gottschall in the United States District Court for the Northern District of Illinois \(the "MDL) Tj ET Q q 0 0 0 rg BT 502.29 689.10 Td ( ) Tj ET Q q 0 0 0 rg BT 504.24 689.10 Td (Action"\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (The MDL) Tj ET Q q 0 0 0 rg BT 89.40 671.10 Td ( Panel also consolidated into the MDL) Tj ET Q q 0 0 0 rg BT 242.89 671.10 Td ( ) Tj ET Q q 0 0 0 rg BT 244.84 671.10 Td (Action certain non-class action MaxxForce ) Tj ET Q q 0 0 0 rg BT 419.50 671.10 Td (Advanced EGR engine lawsuits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.10 Td (pending in the various federal district courts. Non-class federal lawsuits presenting pre-trial issues similar to the MDL) Tj ET Q q 0 0 0 rg BT 521.51 659.10 Td ( ) Tj ET Q q 0 0 0 rg BT 523.46 659.10 Td (Action ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.10 Td (continue to be transferred to the MDL) Tj ET Q q 0 0 0 rg BT 201.30 647.10 Td ( ) Tj ET Q q 0 0 0 rg BT 203.25 647.10 Td (Action. ) Tj ET Q q 0 0 0 rg BT 234.92 647.10 Td (Approximately 28 such actions are currently pending.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.10 Td (On March 5, 2015, Judge Gottschall entered an order in the MDL) Tj ET Q q 0 0 0 rg BT 311.56 629.10 Td ( ) Tj ET Q q 0 0 0 rg BT 313.51 629.10 Td (Action appointing interim lead counsel and interim liaison ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (counsel for the plaintif) Tj ET Q q 0 0 0 rg BT 140.13 617.10 Td (fs. On May 1) Tj ET Q q 0 0 0 rg BT 192.53 617.10 Td (1, 2015, lead counsel for the plaintif) Tj ET Q q 0 0 0 rg BT 337.31 617.10 Td (fs filed a First Master Consolidated Class ) Tj ET Q q 0 0 0 rg BT 504.79 617.10 Td (Action ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (Complaint \("Consolidated Complaint"\). ) Tj ET Q q 0 0 0 rg BT 211.36 605.10 Td (The parties to the MDL) Tj ET Q q 0 0 0 rg BT 305.41 605.10 Td ( ) Tj ET Q q 0 0 0 rg BT 307.36 605.10 Td (Action exchanged initial disclosures on May 29, 2015. ) Tj ET Q q 0 0 0 rg BT 528.25 605.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.10 Td (Company answered the Consolidated Complaint on July 13, 2015. On September 22, 2016, lead counsel for the plaintif) Tj ET Q q 0 0 0 rg BT 527.29 593.10 Td (fs filed a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.10 Td (First ) Tj ET Q q 0 0 0 rg BT 69.79 581.10 Td (Amended Consolidated Class ) Tj ET Q q 0 0 0 rg BT 190.06 581.10 Td (Action Complaint \(the Amended Consolidated Complaint\). ) Tj ET Q q 0 0 0 rg BT 438.44 581.10 Td (The ) Tj ET Q q 0 0 0 rg BT 455.94 581.10 Td (Amended Consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (Complaint added 25 additional named plaintif) Tj ET Q q 0 0 0 rg BT 233.45 569.10 Td (fs. NI and NIC answered the ) Tj ET Q q 0 0 0 rg BT 349.80 569.10 Td (Amended Consolidated Complaint on October 20, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.10 Td (2016.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (On October 13, 2017, lead counsel for the plaintif) Tj ET Q q 0 0 0 rg BT 248.71 539.10 Td (fs filed a Motion for Leave to File a Second ) Tj ET Q q 0 0 0 rg BT 425.89 539.10 Td (Amended Consolidated Class ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 527.10 Td (Action Complaint, as well as a Motion for ) Tj ET Q q 0 0 0 rg BT 220.68 527.10 Td (V) Tj ET Q q 0 0 0 rg BT 226.61 527.10 Td (oluntary Dismissal of Claims without Prejudice relating to 15 previously named ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 515.10 Td (plaintif) Tj ET Q q 0 0 0 rg BT 78.20 515.10 Td (fs. On January 4, 2018, Judge Gottschall granted both motions. On January 9, 2018, the plaintif) Tj ET Q q 0 0 0 rg BT 459.91 515.10 Td (fs filed a Second ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 503.10 Td (Amended Consolidated Class ) Tj ET Q q 0 0 0 rg BT 169.77 503.10 Td (Action Complaint. ) Tj ET Q q 0 0 0 rg BT 246.53 503.10 Td (The Second ) Tj ET Q q 0 0 0 rg BT 295.96 503.10 Td (Amended Consolidated Class ) Tj ET Q q 0 0 0 rg BT 416.23 503.10 Td (Action Complaint removed 15 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.10 Td (named plaintif) Tj ET Q q 0 0 0 rg BT 107.36 491.10 Td (fs and substituted in 8 new named plaintif) Tj ET Q q 0 0 0 rg BT 274.65 491.10 Td (fs. ) Tj ET Q q 0 0 0 rg BT 286.69 491.10 Td (Three class action cases were dismissed without prejudice because ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.10 Td (there were no longer any remaining plaintif) Tj ET Q q 0 0 0 rg BT 223.14 479.10 Td (fs in those cases. On May 30, 2019, the court granted plaintif) Tj ET Q q 0 0 0 rg BT 467.35 479.10 Td (fs leave to file a ) Tj ET Q q 0 0 0 rg BT 533.53 479.10 Td (Third ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.10 Td (Amended Consolidated Class ) Tj ET Q q 0 0 0 rg BT 169.77 467.10 Td (Action Complaint. ) Tj ET Q q 0 0 0 rg BT 246.53 467.10 Td (The ) Tj ET Q q 0 0 0 rg BT 264.39 467.10 Td (Third ) Tj ET Q q 0 0 0 rg BT 288.56 467.10 Td (Amended Consolidated Class ) Tj ET Q q 0 0 0 rg BT 408.83 467.10 Td (Action Complaint removed 2 named ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.10 Td (plaintif) Tj ET Q q 0 0 0 rg BT 78.20 455.10 Td (fs. NI and NIC answered the ) Tj ET Q q 0 0 0 rg BT 194.93 455.10 Td (Third ) Tj ET Q q 0 0 0 rg BT 219.09 455.10 Td (Amended Consolidated Class ) Tj ET Q q 0 0 0 rg BT 339.36 455.10 Td (Action Complaint on June 16, 2019.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.10 Td (On May 28, 2019, plaintif) Tj ET Q q 0 0 0 rg BT 153.75 437.10 Td (fs submitted the Settlement ) Tj ET Q q 0 0 0 rg BT 264.85 437.10 Td (Agreement to the court for preliminary approval. ) Tj ET Q q 0 0 0 rg BT 465.43 437.10 Td (The Settlement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (Agreement class consists of entities and natural persons who owned or leased a 201) Tj ET Q q 0 0 0 rg BT 383.76 425.10 Td (1-2014 model year vehicle equipped with a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (MaxxForce 1) Tj ET Q q 0 0 0 rg BT 102.73 413.10 Td (1 or 13 liter engine certified to meet EP) Tj ET Q q 0 0 0 rg BT 260.09 413.10 Td (A) Tj ET Q q 0 0 0 rg BT 266.76 413.10 Td ( 2010 emissions standards without selective catalytic reduction ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (technology) Tj ET Q q 0 0 0 rg BT 93.28 401.10 Td (, provided that vehicle was purchased or leased in the U.S.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 383.10 Td (Pursuant to the Settlement ) Tj ET Q q 0 0 0 rg BT 156.71 383.10 Td (Agreement, among other things, \(1\) the parties will establish a non-reversionary common fund ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.10 Td (consisting of cash \(the Cash Fund\) and rebates \(the Rebate Fund\) with a total value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.28 371.10 Td ($135 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.67 371.10 Td ( \(the Settlement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.10 Td (Fund\); \(2\) NIC and NI will contribute ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.08 359.10 Td ($85 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.47 359.10 Td ( to the Cash Fund, which will be used to pay all settlement fees and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.10 Td (expenses, service awards, attorneys) Tj ET Q q 0 0 0 rg BT 193.98 347.10 Td ( fees and costs, and cash payments to members of the settlement class; \(3\) NI will commit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 335.10 Td (to make available rebates with a face value in the aggregate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.04 335.10 Td ($50 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.43 335.10 Td ( to the Rebate Fund; and \(4\) the settlement class will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.10 Td (release NIC and NI and their af) Tj ET Q q 0 0 0 rg BT 174.82 323.10 Td (filiates from all claims and potential claims arising from or related to the allegations in the U. S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.10 Td (Actions, except for claims for personal injury or damage to third-party property) Tj ET Q q 0 0 0 rg BT 367.08 311.10 Td (. ) Tj ET Q q 0 0 0 rg BT 374.40 311.10 Td (The Settlement ) Tj ET Q q 0 0 0 rg BT 437.17 311.10 Td (Agreement further provides ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 299.10 Td (that dollars or value remaining in either the Cash Fund or the Rebate Fund after claims are processed will be used to pay ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 287.10 Td (approved claims from the other fund if the other fund is oversubscribed \(the W) Tj ET Q q 0 0 0 rg BT 368.88 287.10 Td (aterfall\). ) Tj ET Q q 0 0 0 rg BT 411.90 287.10 Td (Any ) Tj ET Q q 0 0 0 rg BT 431.44 287.10 Td (W) Tj ET Q q 0 0 0 rg BT 440.08 287.10 Td (aterfall from the Rebate Fund ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 275.10 Td (to the Cash Fund is capped at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.76 275.10 Td ($35 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.15 275.10 Td (. Finally) Tj ET Q q 0 0 0 rg BT 251.34 275.10 Td (, the Settlement ) Tj ET Q q 0 0 0 rg BT 315.77 275.10 Td (Agreement states that NIC and NI deny all claims in the U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 263.10 Td (Actions, deny wrongdoing, liability or damage of any kind, and deny that NIC and NI acted improperly or wrongfully in any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 251.10 Td (way) Tj ET Q q 0 0 0 rg BT 65.51 251.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.10 Td (The Settlement ) Tj ET Q q 0 0 0 rg BT 112.26 233.10 Td (Agreement is subject to final approval by the court, including possible appeals. On June 12, 2019, the court ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.10 Td (preliminarily approved the settlement. Members of the class have been provided notice of the Settlement ) Tj ET Q q 0 0 0 rg BT 470.48 221.10 Td (Agreement and an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 209.10 Td (opportunity to object or opt out. ) Tj ET Q q 0 0 0 rg BT 179.21 209.10 Td (Any members of the class who opt out will not receive any benefit from the Settlement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 197.10 Td (Agreement or be bound by it. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.10 Td (Four class members filed a consolidated objection to the Settlement ) Tj ET Q q 0 0 0 rg BT 322.21 179.10 Td (Agreement on October 10, 2019. NIC and NI, and also lead ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.10 Td (counsel for the class, filed responses to the objection on October 23, 2019. ) Tj ET Q q 0 0 0 rg BT 349.80 167.10 Td (The objectors filed a reply on November 6, 2019. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.10 Td (response to a court order dated November 8, 2019, lead counsel and the objectors filed supplemental information on November ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 143.10 Td (1) Tj ET Q q 0 0 0 rg BT 54.13 143.10 Td (1, 2019 and November 12, 2019. ) Tj ET Q q 0 0 0 rg BT 188.09 143.10 Td (The court held a fairness hearing on November 13, 2019, to consider whether the Settlement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 131.10 Td (Agreement should be finally approved and whether the proposed Final Order and Judgment should be entered. ) Tj ET Q q 0 0 0 rg BT 493.55 131.10 Td (At the hearing, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 119.10 Td (the court heard ar) Tj ET Q q 0 0 0 rg BT 119.56 119.10 Td (gument on behalf of the four objectors and from one additional class member who had not formally filed an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 107.10 Td (objection. ) Tj ET Q q 0 0 0 rg BT 91.53 107.10 Td (The court entered an order on November 13, 2019, requiring additional information from the parties on November 20 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 95.10 Td (and 27, 2019. Depending on certain oversubscription numbers, lead counsel for the class may have the option to withdraw from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 83.10 Td (the Settlement ) Tj ET Q q 0 0 0 rg BT 108.93 83.10 Td (Agreement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 65.10 Td (On November 1) Tj ET Q q 0 0 0 rg BT 113.56 65.10 Td (1, 2017, seven plaintif) Tj ET Q q 0 0 0 rg BT 202.53 65.10 Td (fs \(the Direct ) Tj ET Q q 0 0 0 rg BT 261.67 65.10 Td (Action Plaintif) Tj ET Q q 0 0 0 rg BT 320.65 65.10 Td (fs\) in the MDL) Tj ET Q q 0 0 0 rg BT 384.98 65.10 Td ( ) Tj ET Q q 0 0 0 rg BT 386.93 65.10 Td (Action moved for a separate trial and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 53.10 Td (discovery schedule independent of the class action schedule. On January 2, 2018, Judge Gottschall granted in part and denied in ) Tj ET Q endstream endobj 217 0 obj <> endobj 218 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (108) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (part the Direct ) Tj ET Q q 0 0 0 rg BT 109.20 713.10 Td (Action Plaintif) Tj ET Q q 0 0 0 rg BT 168.18 713.10 Td (fs) Tj ET Q q 0 0 0 rg BT 177.99 713.10 Td ( motion, allowing two of the Direct ) Tj ET Q q 0 0 0 rg BT 321.30 713.10 Td (Action Plaintif) Tj ET Q q 0 0 0 rg BT 380.28 713.10 Td (fs to begin limited discovery on plaintif) Tj ET Q q 0 0 0 rg BT 538.40 713.10 Td (f-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (specific issues. ) Tj ET Q q 0 0 0 rg BT 111.80 701.10 Td (The parties are currently engaged in discovery) Tj ET Q q 0 0 0 rg BT 296.63 701.10 Td (. One of the Direct ) Tj ET Q q 0 0 0 rg BT 373.27 701.10 Td (Action Plaintif) Tj ET Q q 0 0 0 rg BT 432.25 701.10 Td (fs filed a motion for leave to file ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (a First ) Tj ET Q q 0 0 0 rg BT 76.73 689.10 Td (Amended Complaint on September 25, 2018 and that motion was granted by the court in a minute order dated December ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (13, 2018. ) Tj ET Q q 0 0 0 rg BT 89.32 677.10 Td (The First ) Tj ET Q q 0 0 0 rg BT 127.65 677.10 Td (Amended Complaint was filed on December 18, 2018 and our response was filed on January 8, 2019. On ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (September 24, 2019, NIC, NI, and certain Direct ) Tj ET Q q 0 0 0 rg BT 246.11 665.10 Td (Action Plaintif) Tj ET Q q 0 0 0 rg BT 305.09 665.10 Td (fs filed a Joint Response Regarding a Proposed Discovery Plan. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (The court, in turn, referred the matter to a magistrate for discovery supervision. On November 20, 2019, the magistrate set a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (fact discovery close of October 30, 2020, and set a status hearing for January 14, 2020. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.10 Td (There are also non-class action MaxxForce ) Tj ET Q q 0 0 0 rg BT 223.88 623.10 Td (Advanced EGR engine lawsuits filed against the Company in various state courts. ) Tj ET Q q 0 0 0 rg BT 553.53 623.10 Td (A) Tj ET Q q 0 0 0 rg BT 560.20 623.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.10 Td (number of non-class action lawsuits have been resolved in favor of the Company prior to trial or settled for immaterial amounts. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.10 Td (Several cases have been resolved at trial with varying results. ) Tj ET Q q 0 0 0 rg BT 296.92 599.10 Td (Approximately 35 state court non-class actions are pending at this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (time. One of the non-class action lawsuits \("Milan"\), alleging violations of the ) Tj ET Q q 0 0 0 rg BT 365.19 587.10 Td (T) Tj ET Q q 0 0 0 rg BT 370.60 587.10 Td (ennessee Consumer Protection ) Tj ET Q q 0 0 0 rg BT 495.30 587.10 Td (Act and fraud ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (and involving approximately 235 trucks, was tried in ) Tj ET Q q 0 0 0 rg BT 263.45 575.10 Td (T) Tj ET Q q 0 0 0 rg BT 268.86 575.10 Td (ennessee state court in ) Tj ET Q q 0 0 0 rg BT 360.49 575.10 Td (August 2017. On ) Tj ET Q q 0 0 0 rg BT 431.05 575.10 Td (August 10, 2017, the Milan jury ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (returned a verdict of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.61 563.10 Td ($31 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.00 563.10 Td ( against the Company) Tj ET Q q 0 0 0 rg BT 326.28 563.10 Td (, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.55 563.10 Td ($20 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.94 563.10 Td ( in punitive damages. On October ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (2, 2017, the Company filed various motions in the trial court challenging the verdict, including a Motion for Judgment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (Notwithstanding the ) Tj ET Q q 0 0 0 rg BT 133.20 539.10 Td (V) Tj ET Q q 0 0 0 rg BT 139.31 539.10 Td (erdict or) Tj ET Q q 0 0 0 rg BT 172.51 539.10 Td (, in the ) Tj ET Q q 0 0 0 rg BT 201.95 539.10 Td (Alternative, a New ) Tj ET Q q 0 0 0 rg BT 280.07 539.10 Td (T) Tj ET Q q 0 0 0 rg BT 285.83 539.10 Td (rial and Motion to Disapprove of the ) Tj ET Q q 0 0 0 rg BT 434.41 539.10 Td (A) Tj ET Q q 0 0 0 rg BT 440.72 539.10 Td (ward of Punitive Damages.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (The hearing on these motions was held on December 1, 2017 and the court denied the Company's motions, denied the Milan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.10 Td (plaintif) Tj ET Q q 0 0 0 rg BT 78.20 509.10 Td (fs) Tj ET Q q 0 0 0 rg BT 88.01 509.10 Td ( motion for pre-judgment interest and granted the Milan plaintif) Tj ET Q q 0 0 0 rg BT 343.04 509.10 Td (fs) Tj ET Q q 0 0 0 rg BT 352.85 509.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.35 509.10 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.74 509.10 Td ( in fees and costs. On January 1) Tj ET Q q 0 0 0 rg BT 523.01 509.10 Td (1, 2018, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (the Company filed a Notice of ) Tj ET Q q 0 0 0 rg BT 172.80 497.10 Td (Appeal in the ) Tj ET Q q 0 0 0 rg BT 228.99 497.10 Td (T) Tj ET Q q 0 0 0 rg BT 234.40 497.10 Td (ennessee Court of ) Tj ET Q q 0 0 0 rg BT 308.00 497.10 Td (Appeals challenging the verdict. Briefing on the appeal was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.10 Td (completed on March 18, 2019, and the ) Tj ET Q q 0 0 0 rg BT 206.22 485.10 Td (T) Tj ET Q q 0 0 0 rg BT 211.63 485.10 Td (ennessee Court of ) Tj ET Q q 0 0 0 rg BT 285.23 485.10 Td (Appeals heard oral ar) Tj ET Q q 0 0 0 rg BT 370.84 485.10 Td (guments on June 19, 2019. In the third quarter ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 473.10 Td (of 2017, we recorded $31 million of char) Tj ET Q q 0 0 0 rg BT 213.71 473.10 Td (ges in SG&A) Tj ET Q q 0 0 0 rg BT 267.05 473.10 Td ( expenses in our Consolidated Statements of Operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.10 Td (On ) Tj ET Q q 0 0 0 rg BT 63.67 455.10 Td (August 14, 2019, a three-judge panel of the ) Tj ET Q q 0 0 0 rg BT 239.55 455.10 Td (T) Tj ET Q q 0 0 0 rg BT 244.96 455.10 Td (ennessee Court of ) Tj ET Q q 0 0 0 rg BT 318.56 455.10 Td (Appeals issued a unanimous opinion reversing the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.13 455.10 Td ($31 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 443.10 Td ( judgment and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.10 443.10 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.50 443.10 Td ( of fees and costs for the Milan plaintif) Tj ET Q q 0 0 0 rg BT 334.83 443.10 Td (fs. In addition, the ) Tj ET Q q 0 0 0 rg BT 410.19 443.10 Td (T) Tj ET Q q 0 0 0 rg BT 415.60 443.10 Td (ennessee Court of ) Tj ET Q q 0 0 0 rg BT 489.19 443.10 Td (Appeals af) Tj ET Q q 0 0 0 rg BT 532.05 443.10 Td (firmed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 431.10 Td (the trial court) Tj ET Q q 0 0 0 rg BT 106.15 431.10 Td (s judgment for Navistar on the Milan plaintif) Tj ET Q q 0 0 0 rg BT 285.65 431.10 Td (fs' warranty claims. On October 1) Tj ET Q q 0 0 0 rg BT 420.37 431.10 Td (1, 2019, the Milan plaintif) Tj ET Q q 0 0 0 rg BT 525.18 431.10 Td (fs filed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 419.10 Td (an application for permission to appeal this ruling to the ) Tj ET Q q 0 0 0 rg BT 275.94 419.10 Td (T) Tj ET Q q 0 0 0 rg BT 281.35 419.10 Td (ennessee Supreme Court. On October 28, 2019, NI filed its answer to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.10 Td (the application for permission to appeal. ) Tj ET Q q 0 0 0 rg BT 212.88 407.10 Td (The ) Tj ET Q q 0 0 0 rg BT 230.75 407.10 Td (T) Tj ET Q q 0 0 0 rg BT 236.16 407.10 Td (ennessee Supreme Court will decide whether or not to exercise its discretion to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 395.10 Td (hear the appeal.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.10 Td (Based on our assessment of the facts underlying the claims in the above actions, the Company has recorded a char) Tj ET Q q 0 0 0 rg BT 505.85 377.10 Td (ge in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.10 Td (Company) Tj ET Q q 0 0 0 rg BT 91.17 365.10 Td (s fiscal second quarter ended ) Tj ET Q q 0 0 0 rg BT 208.62 365.10 Td (April 30, 2019 in the amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.05 365.10 Td ($159 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.44 365.10 Td ( as a reserve for its expected obligations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 353.10 Td (under the Settlement ) Tj ET Q q 0 0 0 rg BT 134.20 353.10 Td (Agreement as well as for current period liabilities and potential future settlements with respect to certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 341.10 Td (other MaxxForce ) Tj ET Q q 0 0 0 rg BT 120.59 341.10 Td (Advanced EGR engine lawsuits that are not included in the Settlement ) Tj ET Q q 0 0 0 rg BT 404.69 341.10 Td (Agreement. In addition, the Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 329.10 Td (has released a liability of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.96 329.10 Td ($32 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.35 329.10 Td (, related to the judgment reversal in the Milan case in the third quarter ended July 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 317.10 Td (2019. ) Tj ET Q q 0 0 0 rg BT 74.32 317.10 Td (These impacts were recorded in SG&A) Tj ET Q q 0 0 0 rg BT 231.21 317.10 Td ( expenses in our Consolidated Statements of Operations. Other than the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.10 Td (aforementioned, we are unable to provide further meaningful quantification of how the final resolution of these matters may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 293.10 Td (impact our future consolidated financial condition, results of operations or cash flows.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 275.10 Td (EP) Tj ET Q q 0 0 0 rg BT 60.43 275.10 Td (A) Tj ET Q q 0 0 0 rg BT 66.36 275.10 Td ( Clean ) Tj ET Q q 0 0 0 rg BT 95.06 275.10 Td (Air ) Tj ET Q q 0 0 0 rg BT 110.16 275.10 Td (Act Litigation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.10 Td (In February 2012, NI received a Notice of ) Tj ET Q q 0 0 0 rg BT 220.09 257.10 Td (V) Tj ET Q q 0 0 0 rg BT 226.71 257.10 Td (iolation \("NOV"\) from the United States Environmental Protection ) Tj ET Q q 0 0 0 rg BT 496.49 257.10 Td (Agency \(the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.10 Td ("EP) Tj ET Q q 0 0 0 rg BT 64.33 245.10 Td (A"\) pertaining to certain heavy-duty diesel engines which, according to the EP) Tj ET Q q 0 0 0 rg BT 377.96 245.10 Td (A, were not completely assembled by NI until ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.10 Td (calendar year 2010 and, therefore, were not covered by NI's model year 2009 certificates of conformity) Tj ET Q q 0 0 0 rg BT 461.86 233.10 Td (. ) Tj ET Q q 0 0 0 rg BT 466.68 233.10 Td (The NOV) Tj ET Q q 0 0 0 rg BT 506.21 233.10 Td ( concluded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.10 Td (that NI's introduction into commerce of each of these engines violated the Federal Clean ) Tj ET Q q 0 0 0 rg BT 405.08 221.10 Td (Air ) Tj ET Q q 0 0 0 rg BT 420.35 221.10 Td (Act.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.10 Td (On July 14, 2015, the Department of Justice \("DOJ"\), on behalf of the EP) Tj ET Q q 0 0 0 rg BT 342.80 203.10 Td (A, filed a lawsuit against NIC and NI in the U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.10 Td (District Court for the Northern District of Illinois. Similar to the NOV) Tj ET Q q 0 0 0 rg BT 328.72 191.10 Td (, the lawsuit alleges that NIC and NI introduced into ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.10 Td (commerce approximately) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.90 179.10 Td (7,749) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.40 179.10 Td (heavy-duty diesel engines that were not covered by model year 2009 certificates of conformity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.10 Td (because those engines were not completely assembled until calendar year 2010, resulting in violations of the Federal Clean ) Tj ET Q q 0 0 0 rg BT 543.52 167.10 Td (Air ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.10 Td (Act. On July 16, 2015, the DOJ filed an ) Tj ET Q q 0 0 0 rg BT 210.59 155.10 Td (Amended Complaint clarifying the amount of civil penalties being sought. ) Tj ET Q q 0 0 0 rg BT 510.63 155.10 Td (The lawsuit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 143.10 Td (requests injunctive relief and the assessment of civil penalties of up to) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.20 143.10 Td ($37,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.70 143.10 Td (for each violation. On September 14, 2015, NIC ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 131.10 Td (and NI each filed an ) Tj ET Q q 0 0 0 rg BT 132.52 131.10 Td (Answer and ) Tj ET Q q 0 0 0 rg BT 182.51 131.10 Td (Af) Tj ET Q q 0 0 0 rg BT 192.88 131.10 Td (firmative Defenses to the ) Tj ET Q q 0 0 0 rg BT 295.62 131.10 Td (Amended Complaint. ) Tj ET Q q 0 0 0 rg BT 384.04 131.10 Td (W) Tj ET Q q 0 0 0 rg BT 392.68 131.10 Td (e dispute the allegations in the lawsuit.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 113.10 Td (Fact discovery for the liability phase commenced on December 9, 2015. Pursuant to the court's minute order entered on July 12, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.10 Td (2017, the fact discovery was completed as of November 9, 2017.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 83.10 Td (On May 13, 2016, the DOJ, on behalf of the EP) Tj ET Q q 0 0 0 rg BT 239.39 83.10 Td (A, filed a motion for summary judgment on liability) Tj ET Q q 0 0 0 rg BT 447.32 83.10 Td (. On June 30, 2016, NIC and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.10 Td (NI opposed the EP) Tj ET Q q 0 0 0 rg BT 123.85 71.10 Td (A's motion for summary judgment, and NIC cross-moved for summary judgment against the EP) Tj ET Q q 0 0 0 rg BT 507.45 71.10 Td (A.On March ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 59.10 Td (1, 2017, the court entered a Memorandum Opinion and Order \(i\) granting the DOJ) Tj ET Q q 0 0 0 rg BT 381.91 59.10 Td (s motion for summary judgment on the issue ) Tj ET Q endstream endobj 219 0 obj <> endobj 220 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (109) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (of liability with respect to NI, \(ii\) denying the DOJ) Tj ET Q q 0 0 0 rg BT 256.13 713.10 Td (s motion for summary judgment on the issue of liability with respect to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (NIC, and \(iii\) denying NIC) Tj ET Q q 0 0 0 rg BT 160.87 701.10 Td (s motion for summary judgment.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.10 Td (On ) Tj ET Q q 0 0 0 rg BT 63.67 683.10 Td (April 3, 2018, the parties jointly filed a stipulation of dismissal with prejudice for NIC only) Tj ET Q q 0 0 0 rg BT 428.80 683.10 Td (. ) Tj ET Q q 0 0 0 rg BT 433.62 683.10 Td (The stipulation with prejudice ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (has no ef) Tj ET Q q 0 0 0 rg BT 85.42 671.10 Td (fect on the claims made against NI. ) Tj ET Q q 0 0 0 rg BT 229.08 671.10 Td (W) Tj ET Q q 0 0 0 rg BT 238.11 671.10 Td (ith the dismissal of NIC, the matter moved to the remedy phase with respect to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.10 Td (NI. ) Tj ET Q q 0 0 0 rg BT 64.87 659.10 Td (The court entered a scheduling order on May 3, 2018, setting a fact discovery deadline of May 22, 2019, expert report and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.10 Td (deposition deadlines through November 7, 2019, and a deadline for submission of dispositive motions of December 9, 2019. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 635.10 Td (Fact discovery for the remedy phase is complete. On October 8, 2019, the court set expert report and expert deposition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.10 Td (deadlines through March 17, 2020. ) Tj ET Q q 0 0 0 rg BT 191.42 623.10 Td (A) Tj ET Q q 0 0 0 rg BT 198.09 623.10 Td ( status hearing is scheduled for January 29, 2020.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (Based on our assessment of the facts underlying the amended complaint above, potential char) Tj ET Q q 0 0 0 rg BT 423.65 605.10 Td (ges to the ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 464.48 605.10 Td (Consolidated ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 593.10 Td (Statements of Operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.10 593.10 Td (and cash outlays in future periods could range from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.65 593.10 Td ($2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.04 593.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.82 593.10 Td ($291 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.21 593.10 Td ( related to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.10 Td (resolution of this matter) Tj ET Q q 0 0 0 rg BT 144.76 581.10 Td (. Other than the aforementioned, we are unable to provide further meaningful quantification of how the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (final resolution of this matter may impact our future consolidated financial condition, results of operations or cash flows.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (Brazil T) Tj ET Q q 0 0 0 rg BT 81.46 551.10 Td (ruck Dealer Disputes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.10 Td (In January 2014, IIAA) Tj ET Q q 0 0 0 rg BT 139.48 533.10 Td ( initiated an arbitration proceeding under the International Chamber of Commerce rules seeking payment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (for goods sold and unpaid, in the amount of R) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.37 521.10 Td ($64 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.76 521.10 Td ( \(approximately US) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.63 521.10 Td ($16 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.02 521.10 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.18 521.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.89 521.10 Td (\), including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.10 Td (penalties and interest, from a group of af) Tj ET Q q 0 0 0 rg BT 212.04 509.10 Td (filiated truck dealers in Brazil. ) Tj ET Q q 0 0 0 rg BT 336.25 509.10 Td (The truck dealers are af) Tj ET Q q 0 0 0 rg BT 430.46 509.10 Td (filiated with each other) Tj ET Q q 0 0 0 rg BT 522.52 509.10 Td (, but not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (with us, and are collectively referred to as Navitrucks. In the proceeding, IIAA) Tj ET Q q 0 0 0 rg BT 364.10 497.10 Td ( also seeks a declaration of fault against ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.10 Td (Navitrucks related to the termination of the truck dealer agreements between IIAA) Tj ET Q q 0 0 0 rg BT 379.09 485.10 Td ( and Navitrucks. Navitrucks responded in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 473.10 Td (part by submitting counterclaims against IIAA) Tj ET Q q 0 0 0 rg BT 235.30 473.10 Td ( seeking the amount of R) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.55 473.10 Td ($128 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.95 473.10 Td ( \(approximately US) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.82 473.10 Td ($32 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.21 473.10 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.21 461.10 Td (\) for damages related to alleged unfulfilled promises and injury to Navitrucks) Tj ET Q q 0 0 0 rg BT 431.42 461.10 Td ( reputation. In October 2014, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.10 Td (Navitrucks amended their counterclaims by increasing the amount of damages. During a preliminary hearing before the arbitral ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.10 Td (tribunal on March 24, 2015, the parties agreed to submit all of the pending claims between the parties to the exclusive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (jurisdiction of the arbitral tribunal. Pursuant to the timetable issued in the arbitration proceeding, IIAA) Tj ET Q q 0 0 0 rg BT 459.40 425.10 Td ( presented its complaint ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (in July 2015, Navitrucks filed its answer and counterclaims on ) Tj ET Q q 0 0 0 rg BT 301.39 413.10 Td (August 24, 2015, and IIAA) Tj ET Q q 0 0 0 rg BT 410.28 413.10 Td ( filed its rebuttal and answer to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (Navitrucks) Tj ET Q q 0 0 0 rg BT 95.96 401.10 Td ( counterclaims on October 22, 2015. On December 7, 2015, Navitrucks filed its rebuttal to IIAA) Tj ET Q q 0 0 0 rg BT 480.03 401.10 Td () Tj ET Q q 0 0 0 rg BT 482.81 401.10 Td (s answer to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (counterclaims. On June 13-15, 2016, the arbitral tribunal held hearings on the parties presenting witnesses and evidence.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.10 Td (On July 18, 2016, IIAA) Tj ET Q q 0 0 0 rg BT 143.94 371.10 Td ( and Navitrucks presented additional documents and information related to the hearing held on June ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.10 Td (13-15, 2016. On September 30, 2016, the parties presented their final allegations. On ) Tj ET Q q 0 0 0 rg BT 391.64 359.10 Td (April 20, 2017, the arbitral tribunal issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.10 Td (a partial award \(the "Initial ) Tj ET Q q 0 0 0 rg BT 159.37 347.10 Td (A) Tj ET Q q 0 0 0 rg BT 165.67 347.10 Td (ward"\) granting a portion of the relief sought by each of the parties. Specifically) Tj ET Q q 0 0 0 rg BT 485.66 347.10 Td (, the arbitral ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 335.10 Td (tribunal's Initial ) Tj ET Q q 0 0 0 rg BT 114.63 335.10 Td (A) Tj ET Q q 0 0 0 rg BT 120.93 335.10 Td (ward held that: \(a\) Navitrucks failed to pay certain amounts to IIAA) Tj ET Q q 0 0 0 rg BT 392.79 335.10 Td ( for the purchase of vehicles under its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.10 Td (agreements with IIAA, thereby breaching its contractual obligations; and \(b\) IIAA) Tj ET Q q 0 0 0 rg BT 378.56 323.10 Td ( breached its contractual obligations under its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.10 Td (agreements with Navitrucks due to its failure to fulfill its promises to invest in products, infrastructure, and a dealership ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 299.10 Td (network.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 0 0 rg BT 84.77 299.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 87.27 299.10 Td (Furthermore, the arbitral tribunal held that, due to the mutual breach of the agreements between IIAA) Tj ET Q q 0 0 0 rg BT 492.96 299.10 Td ( and Navitrucks, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 287.10 Td (the agreements should be deemed terminated.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 0 0 rg BT 232.21 287.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 269.10 Td (On June 3, 2017, IIAA) Tj ET Q q 0 0 0 rg BT 140.60 269.10 Td ( and Navitrucks filed an application to clarify certain interpretations of the Initial ) Tj ET Q q 0 0 0 rg BT 466.32 269.10 Td (A) Tj ET Q q 0 0 0 rg BT 472.63 269.10 Td (ward and to correct ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.10 Td (clerical errors in the Initial ) Tj ET Q q 0 0 0 rg BT 158.06 257.10 Td (A) Tj ET Q q 0 0 0 rg BT 164.37 257.10 Td (ward. IIAA) Tj ET Q q 0 0 0 rg BT 209.91 257.10 Td ( also requested an award to \(a\) set the indisputable amount of the Initial ) Tj ET Q q 0 0 0 rg BT 498.16 257.10 Td (A) Tj ET Q q 0 0 0 rg BT 504.46 257.10 Td (ward, and \(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.10 Td (order Navitrucks to promptly pay such amount. On June 8, 2017, the arbitral tribunal invited IIAA) Tj ET Q q 0 0 0 rg BT 442.75 245.10 Td ( and Navitrucks to present ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.10 Td (their respective comments on each other) Tj ET Q q 0 0 0 rg BT 211.19 233.10 Td () Tj ET Q q 0 0 0 rg BT 213.97 233.10 Td (s applications on or before June 27, 2017. On June 3, 2017 and June 27, 2017, IIAA) Tj ET Q q 0 0 0 rg BT 549.75 233.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.10 Td (and Navitrucks, respectively) Tj ET Q q 0 0 0 rg BT 162.98 221.10 Td (, filed their comments. On September 29, 2017, the arbitral tribunal issued a decision on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 209.10 Td (applications filed by both parties in which it rejected all of the requests made in the applications of both parties. On October 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 197.10 Td (2017, the arbitral tribunal issued a decision relating to the timeline for the production of technical evidence to be used in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 185.10 Td (calculation phase in which the actual monetary amount of the damages owed by each party to the other will be definitively ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 173.10 Td (determined. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.10 Td (As determined by the arbitral tribunal, IIAA) Tj ET Q q 0 0 0 rg BT 225.84 155.10 Td ( \(a\) designated its expert assistant and disclosed the questions to be answered by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 143.10 Td (arbitral expert \(of) Tj ET Q q 0 0 0 rg BT 119.84 143.10 Td (ficial expert designated by the arbitral tribunal\); \(b\) presented a summary of the amount that Navitrucks owes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 131.10 Td (to IIAA) Tj ET Q q 0 0 0 rg BT 80.33 131.10 Td ( in accordance with the previous calculation and related award issued on ) Tj ET Q q 0 0 0 rg BT 371.89 131.10 Td (April 20, 2017; and \(c\) presented its replies to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 119.10 Td (the Navitrucks' petitions. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.10 Td (On May 1) Tj ET Q q 0 0 0 rg BT 89.68 101.10 Td (1, 2018, the arbitral tribunal issued a decision allowing the calculation to be made by the parties) Tj ET Q q 0 0 0 rg BT 476.05 101.10 Td ( experts and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 89.10 Td (scheduled the calculation phase hearing for ) Tj ET Q q 0 0 0 rg BT 224.43 89.10 Td (August 16, 2018. On July 6, 2018, each party) Tj ET Q q 0 0 0 rg BT 408.86 89.10 Td (s experts presented their reports ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 77.10 Td (indicating the calculation of the total amount due from each party to the other party) Tj ET Q q 0 0 0 rg BT 382.07 77.10 Td (. On ) Tj ET Q q 0 0 0 rg BT 401.24 77.10 Td (August 6, 2018, the parties jointly filed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 65.10 Td (a petition informing the arbitral tribunal that they reached an agreement as to the total amount due from each party to the other ) Tj ET Q endstream endobj 221 0 obj <> endobj 222 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 33.60 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (party) Tj ET Q q 0 0 0 rg BT 69.40 713.10 Td (. Pursuant to the agreement, Navitrucks agreed that it owes IIAA) Tj ET Q q 0 0 0 rg BT 330.71 713.10 Td ( the total amount of R) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.20 713.10 Td ($107 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.59 713.10 Td ( \(approximately US) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td ($27 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.89 701.10 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.05 701.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.76 701.10 Td (\) after deducting the agreed amount of Navitrucks' claim against IIAA. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.10 Td (In addition, the parties requested: \(a\) the cancellation of the hearing scheduled for ) Tj ET Q q 0 0 0 rg BT 378.82 683.10 Td (August 16, 2018; \(b\) a 15 day period for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (parties to present their respective costs incurred in connection with the arbitral proceeding; and \(c\) the closure of the calculation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.10 Td (phase with the final ruling of merits. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (On ) Tj ET Q q 0 0 0 rg BT 63.67 641.10 Td (August 13, 2018, the arbitral tribunal issued a decision canceling the hearing scheduled for ) Tj ET Q q 0 0 0 rg BT 429.12 641.10 Td (August 16, 2018 and directed the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.10 Td (parties to prove their respective incurred costs in connection with the arbitral proceeding and to specify whether there were any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (additional productions of evidence or considerations by ) Tj ET Q q 0 0 0 rg BT 273.61 617.10 Td (August 23, 2018. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.10 Td (On ) Tj ET Q q 0 0 0 rg BT 63.67 599.10 Td (August 23, 2018, IIAA) Tj ET Q q 0 0 0 rg BT 155.61 599.10 Td ( filed a petition indicating that its costs incurred in connection with the arbitral proceeding were R) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.72 599.10 Td ($6 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 587.10 Td ( \(approximately US) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.26 587.10 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.66 587.10 Td ( as of October 31, 2019\). On the same date, Navitrucks filed a petition indicating that its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (costs incurred in connection with the arbitral proceeding were R) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.36 575.10 Td ($3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.75 575.10 Td ( \(less than approximately US) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.84 575.10 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.23 575.10 Td ( as of October ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (31, 2019\). On September 18, 2018, the arbitral tribunal issued a decision \(i\) declaring the end of the evidence phase, \(ii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (ordering the parties to present their closing ar) Tj ET Q q 0 0 0 rg BT 231.20 551.10 Td (guments on or before October 31, 2018, and \(iii\) stating that the final decision on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (the merits will be issued on or before December 20, 2018. On October 31, 2018, the parties submitted their closing ar) Tj ET Q q 0 0 0 rg BT 519.20 539.10 Td (guments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (On or about March 1, 2019, IIAA) Tj ET Q q 0 0 0 rg BT 183.92 521.10 Td ( and Navitrucks received the award of the arbitral tribunal. ) Tj ET Q q 0 0 0 rg BT 420.58 521.10 Td (The award orders the Navitrucks ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.10 Td (entities to pay IIAA) Tj ET Q q 0 0 0 rg BT 128.65 509.10 Td ( a total of R) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.86 509.10 Td ($107 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.25 509.10 Td ( \(approximately US) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.13 509.10 Td ($27 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.52 509.10 Td ( as of October 31, 2019\), subject to inflation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (adjustment and default interest. In addition, the arbitral tribunal ordered the Navitrucks entities to reimburse IIAA) Tj ET Q q 0 0 0 rg BT 507.14 497.10 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.10 Td (amount of R) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.50 485.10 Td ($3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.89 485.10 Td ( \(approximately US) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.76 485.10 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.15 485.10 Td ( as of October 31, 2019\) for a portion of IIAA) Tj ET Q q 0 0 0 rg BT 444.16 485.10 Td () Tj ET Q q 0 0 0 rg BT 446.94 485.10 Td (s costs incurred in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 473.10 Td (arbitration. ) Tj ET Q q 0 0 0 rg BT 95.97 473.10 Td (The parties had 30 days from the date of receipt of the award to apply for the correction of errors and/or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.10 Td (clarifications related to the award. On March 29, 2019, IIAA) Tj ET Q q 0 0 0 rg BT 292.20 461.10 Td ( filed an application for clarifications related to certain clerical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.10 Td (errors in the award. On ) Tj ET Q q 0 0 0 rg BT 143.91 449.10 Td (April 22, 2019, the arbitral tribunal issued a decision ordering Navitrucks to submit any comments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.10 Td (regarding the application for clarifications filed by IIAA) Tj ET Q q 0 0 0 rg BT 274.70 437.10 Td ( on or before ) Tj ET Q q 0 0 0 rg BT 328.01 437.10 Td (April 25, 2019 and indicated that the arbitral tribunal will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (issue a final award with respect to IIAA) Tj ET Q q 0 0 0 rg BT 208.06 425.10 Td () Tj ET Q q 0 0 0 rg BT 210.84 425.10 Td (s application for clarifications by May 25, 2019.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.10 Td (On June 3, 2019, the arbitral tribunal issued the final award with an addendum to address the clarifications related to certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 395.10 Td (clerical errors in the award. ) Tj ET Q q 0 0 0 rg BT 161.48 395.10 Td (The final award amount was noted as R) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.05 395.10 Td ($131 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.44 395.10 Td ( \(approximately US) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.31 395.10 Td ($33 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.70 395.10 Td ( as of October ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 383.10 Td (31, 2019\) and Navitrucks was required to pay IIAA) Tj ET Q q 0 0 0 rg BT 255.28 383.10 Td ( on or before July 15, 2019. Navitrucks did not make the required payment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.10 Td (to IIAA) Tj ET Q q 0 0 0 rg BT 80.33 371.10 Td ( on or before July 15, 2019 and IIAA) Tj ET Q q 0 0 0 rg BT 228.36 371.10 Td ( is now permitted to commence an enforcement proceeding in the Brazilian civil ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.10 Td (court.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 341.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 341.10 Td (e have not recorded a receivable related to this matter in our consolidated financial statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.10 Td (In addition, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.10 323.10 Td (two) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.10 323.10 Td ( truck fleet owners in Brazil have a separate adversarial proceeding pending against IIAA) Tj ET Q q 0 0 0 rg BT 470.46 323.10 Td ( that may have similar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.10 Td (legal and factual issues as the Navitrucks claim. ) Tj ET Q q 0 0 0 rg BT 243.42 311.10 Td (This claim is not material either individually or in the aggregate.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 287.70 Td (California ) Tj ET Q q 0 0 0 rg BT 93.49 287.70 Td (Air Resour) Tj ET Q q 0 0 0 rg BT 136.73 287.70 Td (ces Boar) Tj ET Q q 0 0 0 rg BT 171.63 287.70 Td (d Notice of V) Tj ET Q q 0 0 0 rg BT 223.38 287.70 Td (iolation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.70 Td (On March 28, 2019, Navistar received a notice of violation \("NOV"\) from the California ) Tj ET Q q 0 0 0 rg BT 406.45 269.70 Td (Air Resources Board \("CARB"\). In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.70 Td (the NOV) Tj ET Q q 0 0 0 rg BT 84.59 257.70 Td (, CARB alleges that Navistar failed to disclose a running change to 1,385 engines including certain model year 2013 to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.70 Td (2015 N13 engines and 2014 to 2015 N9/10 engines. CARB alleges that the running change in question made modifications to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.70 Td (the emissions control system such that the engines no longer conformed to the configuration as certified. In ) Tj ET Q q 0 0 0 rg BT 480.51 233.70 Td (August 2019, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.70 Td (Company and CARB reached a tentative resolution of this matter for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.48 221.70 Td ($2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.88 221.70 Td (, subject to agreement on formal terms.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.70 Td (Based on our assessment of the facts underlying the claims in the above action, the Company has recorded a char) Tj ET Q q 0 0 0 rg BT 501.96 203.70 Td (ge in the third ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.70 Td (quarter ended July 31, 2019 in the amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.68 191.70 Td ($2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.07 191.70 Td ( as a reserve for its expected obligations in Engineering and product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.70 Td (development costs in our Consolidated Statements of Operations. Other than the aforementioned, we are unable to provide ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.70 Td (further meaningful quantification of how the final resolution of this matter may impact our future consolidated financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.70 Td (condition, results of operations or cash flows.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 137.70 Td (Other) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 119.70 Td (Navistar Defense MRAP) Tj ET Q q 0 0 0 rg BT 147.63 119.70 Td ( Litigation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.70 Td (In the third quarter of 2016, Navistar Defense, LLC \("NDLLC"\) received a subpoena from the United States Department of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 89.70 Td (Defense Inspector General \(the "DOD IG"\). ) Tj ET Q q 0 0 0 rg BT 227.69 89.70 Td (The subpoena requested documents relating to NDLLC's sale of its independent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 77.70 Td (suspension systems \("ISS"\) for military vehicles to the government for the period from January 1, 2009 through December 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 65.70 Td (2010. On June 3, 2016, NDLLC met with government representatives, including representatives from the DOD IG and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 53.70 Td (Department of Justice \("DOJ"\) to discuss the matter) Tj ET Q q 0 0 0 rg BT 256.79 53.70 Td (.) Tj ET Q endstream endobj 223 0 obj <> endobj 224 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.85 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.48 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 308.11 33.60 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (Since then, NDLLC engaged in ongoing discussions with the DOD IG and the DOJ. NDLLC made submissions of documents ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (responsive to the subpoena in June and ) Tj ET Q q 0 0 0 rg BT 207.53 701.10 Td (August 2016 and completed its subpoena response. On May 1, 2017, NDLLC met with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (government representatives, including representatives from the DOD IG and the DOJ, to further discuss the matter) Tj ET Q q 0 0 0 rg BT 507.58 689.10 Td (, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (assertions that NDLLC may have overchar) Tj ET Q q 0 0 0 rg BT 220.65 677.10 Td (ged the United States for the ISS components. NDLLC agreed to provide additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (information relating to the pricing of the ISS components. ) Tj ET Q q 0 0 0 rg BT 283.72 665.10 Td (The parties met again on June 13, 2017. In ) Tj ET Q q 0 0 0 rg BT 456.18 665.10 Td (August 2017, NDLLC ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (received a letter from the DOJ claiming that NDLLC made false and misleading statements during the course of price ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.10 Td (negotiations and during the Defense Contract ) Tj ET Q q 0 0 0 rg BT 232.79 641.10 Td (Audit ) Tj ET Q q 0 0 0 rg BT 257.51 641.10 Td (Agency audit which resulted in NDLLC overchar) Tj ET Q q 0 0 0 rg BT 455.60 641.10 Td (ging the United States for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.10 Td (the ISS components by approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.75 629.10 Td ($88 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.15 629.10 Td ( and asking for treble damages and penalties for a total demand of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 617.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.76 617.10 Td ($264 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.15 617.10 Td (. NDLLC responded to the DOJ) Tj ET Q q 0 0 0 rg BT 291.69 617.10 Td (s demand letter explaining its position that it has no liability in this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.10 Td (matter and outlining the bases for such position, and that NDLLC intends to vigorously defend its position. NDLLC and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.10 Td (DOJ communicated between October 5, 2017 and December 8, 2017 to discuss their respective positions on both liability and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.10 Td (damages.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (On December 8, 2017, NDLLC received another subpoena from the DOD IG which requested documents relating to NDLLC's ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (pricing of the Mine Resistant ) Tj ET Q q 0 0 0 rg BT 168.09 551.10 Td (Ambush Protected \(MRAP\) vehicle and its sale of parts to the government for the period from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (January 1, 2006 through December 31, 2013. NDLLC responded to the subpoena and made four productions of responsive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 527.10 Td (documents.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.10 Td (On July 10, 2018, NDLLC received another subpoena from the DOD IG requesting additional custodian emails and documents ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (related to the MRAP) Tj ET Q q 0 0 0 rg BT 132.17 497.10 Td ( and ISS components. NDLLC responded to the subpoena and made four productions of responsive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.10 Td (documents. ) Tj ET Q q 0 0 0 rg BT 97.27 485.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 147.18 485.10 Td (, in September and October 2018 the DOJ conducted interviews of certain current and former ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 473.10 Td (employees and will likely conduct additional interviews in the future.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.10 Td (The parties began mediation in February 2019 but were unable to resolve the matter) Tj ET Q q 0 0 0 rg BT 384.67 455.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.10 Td (On December 3, 2019, the DOJ filed a complaint in the U.S. District Court for the District of Columbia partially intervening in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (what had been a sealed False Claims ) Tj ET Q q 0 0 0 rg BT 198.07 425.10 Td (Act \(FCA\) case previously filed by a relator) Tj ET Q q 0 0 0 rg BT 382.73 425.10 Td (. ) Tj ET Q q 0 0 0 rg BT 387.55 425.10 Td (The relator) Tj ET Q q 0 0 0 rg BT 431.29 425.10 Td (, a former NDLLC employee, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (filed his initial complaint in September 2013 in the U.S. District Court for the District of Columbia. ) Tj ET Q q 0 0 0 rg BT 450.37 413.10 Td (The relator filed an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.10 Td (amended complaint on November 1, 2019, alleging that NDLLC submitted false pricing support to the government in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (connection with three MRAP) Tj ET Q q 0 0 0 rg BT 166.61 389.10 Td ( contract parts or part systems - the chassis, the engine, and 13 of the parts associated with 3,898 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.10 Td (ISS components \(Relator) Tj ET Q q 0 0 0 rg BT 154.85 377.10 Td () Tj ET Q q 0 0 0 rg BT 157.63 377.10 Td (s ISS Claim\). ) Tj ET Q q 0 0 0 rg BT 218.01 377.10 Td (The relator alleges single damages of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.61 377.10 Td ($1.125 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.73 377.10 Td ( for the chassis, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.43 377.10 Td ($36.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.32 377.10 Td ( for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.10 Td (the engine, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.81 365.10 Td ($1) Tj ET Q q 0 0 0 rg BT 122.44 365.10 Td (18.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.33 365.10 Td ( for the Relator) Tj ET Q q 0 0 0 rg BT 232.51 365.10 Td () Tj ET Q q 0 0 0 rg BT 235.29 365.10 Td (s ISS Claim, totaling approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.39 365.10 Td ($1.28 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.50 365.10 Td ( in single damages and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.09 365.10 Td ($3.84 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 353.10 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.61 353.10 Td ( in treble damages. ) Tj ET Q q 0 0 0 rg BT 153.46 353.10 Td (The DOJ) Tj ET Q q 0 0 0 rg BT 192.62 353.10 Td (s complaint-in partial intervention alleges that NDLLC submitted false pricing support in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 341.10 Td (connection with 1) Tj ET Q q 0 0 0 rg BT 120.78 341.10 Td (1 of the parts associated with 3,803 ISS components used on the MRAP) Tj ET Q q 0 0 0 rg BT 408.44 341.10 Td ( and seeks damages of an unspecified ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 329.10 Td (amount under the FCA) Tj ET Q q 0 0 0 rg BT 140.88 329.10 Td ( and common law theories of mistake, unjust enrichment, and fraud.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.10 Td (NDLLC intends to defend itself vigorously) Tj ET Q q 0 0 0 rg BT 221.33 311.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 293.10 Td (At this time, we are unable to predict the outcome of these matters, including whether a settlement will be reached, or provide ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 281.10 Td (meaningful quantification of how the final resolution of this matter may impact our future consolidated financial condition, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.10 Td (results of operations or cash flows.) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 251.10 Td (Deepwater Horizon Settlement Pr) Tj ET Q q 0 0 0 rg BT 184.94 251.10 Td (ogram) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.10 Td (On June 3, 2018, we concluded the settlement of a business economic loss claim relating to our ) Tj ET Q q 0 0 0 rg BT 433.03 233.10 Td (Alabama engine manufacturing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.10 Td (facility) Tj ET Q q 0 0 0 rg BT 77.17 221.10 Td (. ) Tj ET Q q 0 0 0 rg BT 81.99 221.10 Td (W) Tj ET Q q 0 0 0 rg BT 90.63 221.10 Td (e received a gross amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.81 221.10 Td ($85 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.20 221.10 Td ( with a net present value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.99 221.10 Td ($70 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.38 221.10 Td (, net of our fees and costs, from the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 209.10 Td (Deepwater Horizon Settlement Program. ) Tj ET Q q 0 0 0 rg BT 215.10 209.10 Td (The cash proceeds are being received in installments through 2020. ) Tj ET Q q 0 0 0 rg BT 486.78 209.10 Td (The net present ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 197.10 Td (value of the settlement was recorded in our 2018 financial results in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 323.30 197.10 Td (Other expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.00 197.10 Td ( in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 426.60 197.10 Td (Consolidated Statements of ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 185.10 Td (Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.50 185.10 Td (, and ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 116.44 185.10 Td (Other curr) Tj ET Q q 0 0 0 rg BT 159.12 185.10 Td (ent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.34 185.10 Td ( and ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 190.77 185.10 Td (Other non-curr) Tj ET Q q 0 0 0 rg BT 251.79 185.10 Td (ent assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.39 185.10 Td ( in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 319.00 185.10 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.65 185.10 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 167.10 Td (15. Segment Reporting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 149.10 Td (The following is a description of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.64 149.10 Td (four) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.30 149.10 Td ( reporting segments:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 131.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 131.10 Td (Our ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 94.55 131.10 Td (T) Tj ET Q q 0 0 0 rg BT 100.48 131.10 Td (ruck) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.48 131.10 Td ( segment manufactures and distributes Class4 through 8 trucks and buses under the International and IC Bus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 119.10 Td (\("IC"\) brands, and produces engines under our proprietary brand name. ) Tj ET Q q 0 0 0 rg BT 363.83 119.10 Td (This segment sells its products in the U.S., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 107.10 Td (Canada, and Mexico markets, as well as through our export truck business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 89.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 89.10 Td (Our ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 94.55 89.10 Td (Parts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.32 89.10 Td ( segment provides customers with proprietary products needed to support the International commercial truck, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 77.10 Td (IC Bus, proprietary engine lines, and export parts business, as well as our other product lines. Our Parts segment also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 65.10 Td (provides a wide selection of other standard truck, trailer) Tj ET Q q 0 0 0 rg BT 299.63 65.10 Td (, and engine aftermarket parts.) Tj ET Q q 0 0 0 rg BT 423.19 65.10 Td (Also included in the Parts segment ) Tj ET Q endstream endobj 225 0 obj <> endobj 226 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 33.60 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 713.10 Td (are the operating results of BDP) Tj ET Q q 0 0 0 rg BT 203.97 713.10 Td (, which manages the sourcing, merchandising, and distribution of certain service parts we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 701.10 Td (sell to Ford in North ) Tj ET Q q 0 0 0 rg BT 160.11 701.10 Td (America. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 683.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 683.10 Td (Our ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 94.55 683.10 Td (Global Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.73 683.10 Td ( segment primarily consists of Brazil engine operations which produce diesel engines under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 671.10 Td (contract manufacturing arrangements, as well as under the MWM brand, for sale to original equipment manufacturers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 659.10 Td (\(OEMs\) in South ) Tj ET Q q 0 0 0 rg BT 147.34 659.10 Td (America. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 641.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 641.10 Td (Our ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 94.55 641.10 Td (Financial Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.04 641.10 Td ( segment provides retail, wholesale, and lease financing of products sold by the ) Tj ET Q q 0 0 0 rg BT 491.50 641.10 Td (T) Tj ET Q q 0 0 0 rg BT 497.25 641.10 Td (ruck and Parts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 629.10 Td (segments and their dealers within the U.S.and Mexico, as well as financing for wholesale accounts and selected retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 617.10 Td (accounts receivable. ) Tj ET Q q 0 0 0 rg BT 159.88 617.10 Td (This segment also facilitates financing relationships in other countries to support our Manufacturing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 605.10 Td (Operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (Corporate contains those items that are not included in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.11 587.10 Td (four) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.77 587.10 Td ( segments.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (Segment Profit \(Loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 551.10 Td (e define segment profit \(loss\) as net income \(loss\) from continuing operations attributable to NIC, excluding income tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (benefit \(expense\). Selected financial information from our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 284.96 539.10 Td (Consolidated Statements of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.90 539.10 Td ( and our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 477.17 539.10 Td (Consolidated ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 527.10 Td (Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.31 527.10 Td ( is as follows:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 512.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 512.10 Td (The costs of profit sharing and annual incentive compensation for the Manufacturing operations are included in corporate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 500.10 Td (expenses. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 485.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 485.10 Td (Interest expense and interest income for the Manufacturing operations are reported in corporate expenses. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 470.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 470.10 Td (The Financial Services segment finances certain sales to our dealers in North ) Tj ET Q q 0 0 0 rg BT 386.40 470.10 Td (America, which include an interest-free ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 458.10 Td (period that varies in length that is subsidized by our ) Tj ET Q q 0 0 0 rg BT 285.72 458.10 Td (T) Tj ET Q q 0 0 0 rg BT 291.48 458.10 Td (ruck and Parts segments. ) Tj ET Q q 0 0 0 rg BT 392.85 458.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 442.75 458.10 Td (, the Financial Services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 446.10 Td (segment reports intersegment revenues from secured and unsecured loans to the Manufacturing operations. Certain retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 434.10 Td (sales financed by the Financial Services segment, primarily NFC, require the Manufacturing operations, primarily the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 422.10 Td (T) Tj ET Q q 0 0 0 rg BT 82.26 422.10 Td (ruck segment, to share a portion of any credit losses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 407.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 407.10 Td (W) Tj ET Q q 0 0 0 rg BT 85.14 407.10 Td (e allocate "access fees" to the Parts segment from the ) Tj ET Q q 0 0 0 rg BT 300.26 407.10 Td (T) Tj ET Q q 0 0 0 rg BT 306.02 407.10 Td (ruck segment for certain engineering and product development ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 395.10 Td (costs, depreciation expense, and SG&A) Tj ET Q q 0 0 0 rg BT 234.80 395.10 Td ( expenses incurred by the ) Tj ET Q q 0 0 0 rg BT 338.75 395.10 Td (T) Tj ET Q q 0 0 0 rg BT 344.50 395.10 Td (ruck segment based on the relative percentage of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 383.10 Td (certain sales, as adjusted for cyclicality) Tj ET Q q 0 0 0 rg BT 232.45 383.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 368.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 368.10 Td (Other than the items discussed above, the selected financial information presented below is presented in accordance with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 356.10 Td (our policies described in Note1, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 208.97 356.10 Td (Summary of Significant ) Tj ET Q q 0 0 0 rg BT 305.17 356.10 Td (Accounting Policies. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 341.10 Td (The following tables present selected financial information for our reporting segments:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 298.6 m 366 298.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 298.6 m 415 298.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 298.6 m 322 298.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 298.6 m 366 298.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 298.6 m 462 298.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 298.6 m 516 298.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 298.6 m 563 298.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 253.60000000000002 m 322 253.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 239.60000000000002 m 322 239.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 237.60000000000002 m 322 237.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 253.60000000000002 m 366 253.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 239.60000000000002 m 366 239.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 237.60000000000002 m 366 237.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 253.60000000000002 m 415 253.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 239.60000000000002 m 415 239.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 237.60000000000002 m 415 237.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 253.60000000000002 m 462 253.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 239.60000000000002 m 462 239.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 237.60000000000002 m 462 237.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 253.60000000000002 m 516 253.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 239.60000000000002 m 516 239.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 237.60000000000002 m 516 237.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 253.60000000000002 m 563 253.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 239.60000000000002 m 563 239.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 237.60000000000002 m 563 237.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 198.60000000000002 m 322 198.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 184.60000000000002 m 322 184.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 182.60000000000002 m 322 182.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 198.60000000000002 m 366 198.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 184.60000000000002 m 366 184.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 182.60000000000002 m 366 182.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 198.60000000000002 m 415 198.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 184.60000000000002 m 415 184.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 182.60000000000002 m 415 182.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 198.60000000000002 m 462 198.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 184.60000000000002 m 462 184.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 182.60000000000002 m 462 182.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 198.60000000000002 m 516 198.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 184.60000000000002 m 516 184.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 182.60000000000002 m 516 182.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 198.60000000000002 m 563 198.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 184.60000000000002 m 563 184.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 182.60000000000002 m 563 182.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 302.83 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 289.60 302.83 Td (T) Tj ET Q q 0 0 0 rg BT 294.64 302.83 Td (ruck) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.35 302.83 Td (Parts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 380.40 310.83 Td (Global) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 372.85 302.83 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.95 310.83 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.35 302.83 Td (Services) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 450.34 306.46 Td (\(A\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.70 318.83 Td (Corporate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.05 310.83 Td (and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.70 302.83 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.25 302.83 Td (T) Tj ET Q q 0 0 0 rg BT 536.85 302.83 Td (otal) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 288.28 Td (Y) Tj ET Q q 0 0 0 rg BT 58.61 288.28 Td (ear) Tj ET Q q 0 0 0 rg BT 72.31 288.28 Td ( Ended October) Tj ET Q q 0 0 0 rg BT 139.91 288.28 Td ( 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 273.27 Td (External sales and revenues, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.50 273.17 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 281.50 273.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 295.60 273.28 Td (8,501) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.50 273.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 339.60 273.28 Td (2,239) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.50 273.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.15 273.28 Td (309) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.50 273.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.15 273.28 Td (193) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.50 273.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 507.15 273.28 Td (9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.50 273.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.60 273.28 Td (1) Tj ET Q q 0 0 0 rg BT 536.60 273.28 Td (1,251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 258.27 Td (Intersegment sales and revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.50 258.17 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 308.15 258.28 Td (84) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 357.15 258.28 Td (6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.15 258.28 Td (34) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.15 258.28 Td (104) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.80 258.33 Td (\(228) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 512.15 258.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.15 258.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 243.27 Td (T) Tj ET Q q 0 0 0 rg BT 93.91 243.27 Td (otal sales and revenues, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.50 243.17 Td (............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 281.50 243.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 295.60 243.28 Td (8,585) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.50 243.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 339.60 243.28 Td (2,245) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.50 243.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.15 243.28 Td (343) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.50 243.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.15 243.28 Td (297) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.50 243.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.80 243.33 Td (\(219) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 512.15 243.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.50 243.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.60 243.28 Td (1) Tj ET Q q 0 0 0 rg BT 536.60 243.28 Td (1,251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 228.27 Td (Income \(loss\) from continuing operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 218.27 Td (attributable to NIC, net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.50 218.17 Td (..................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 281.50 218.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 303.15 218.28 Td (269) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.50 218.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 347.15 218.28 Td (598) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.50 218.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.15 218.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.50 218.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.15 218.28 Td (123) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.50 218.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.80 218.33 Td (\(769) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 512.15 218.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.50 218.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.15 218.28 Td (221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 203.27 Td (Income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.50 203.17 Td (..................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 308.15 203.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 352.15 203.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.15 203.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.15 203.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 498.80 203.33 Td (\(19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 512.15 203.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 545.80 203.33 Td (\(19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 559.15 203.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 188.27 Td (Segment profit \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.00 188.17 Td (.........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 281.50 188.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 303.15 188.28 Td (269) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.50 188.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 347.15 188.28 Td (598) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.50 188.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.15 188.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.50 188.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.15 188.28 Td (123) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.50 188.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.80 188.33 Td (\(750) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 512.15 188.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.50 188.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.15 188.28 Td (240) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 173.27 Td (Depreciation and amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.00 173.17 Td (.................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 281.50 173.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 303.15 173.28 Td (104) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.50 173.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 357.15 173.28 Td (5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.50 173.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.15 173.28 Td (1) Tj ET Q q 0 0 0 rg BT 406.15 173.28 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.50 173.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.15 173.28 Td (64) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.50 173.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 507.15 173.28 Td (9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.50 173.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.15 173.28 Td (193) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 158.27 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.50 158.17 Td (........................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 308.15 158.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 352.15 158.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.15 158.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.15 158.28 Td (105) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 497.15 158.28 Td (207) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.15 158.28 Td (312) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 143.27 Td (Equity in income \(loss\) of non-consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 133.27 Td (af) Tj ET Q q 0 0 0 rg BT 78.09 133.27 Td (filiates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.50 133.17 Td (....................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 313.15 133.28 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 357.15 133.28 Td (3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 402.80 133.33 Td (\(1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 411.15 133.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.15 133.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 502.15 133.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 554.15 133.28 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 118.27 Td (Capital expenditures) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 152.98 122.80 Td (\(B\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.00 118.17 Td (.............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 303.15 118.28 Td (101) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 357.15 118.28 Td (7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.15 118.28 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.15 118.28 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 502.15 118.28 Td (22) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.15 118.28 Td (134) Tj ET Q endstream endobj 227 0 obj <> endobj 228 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 33.60 Td (13) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 690.5 m 366 690.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 690.5 m 415 690.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 690.5 m 322 690.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 690.5 m 366 690.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 690.5 m 462 690.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 690.5 m 516 690.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 690.5 m 563 690.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 645.5 m 322 645.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 631.5 m 322 631.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 629.5 m 322 629.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 645.5 m 366 645.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 631.5 m 366 631.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 629.5 m 366 629.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 645.5 m 415 645.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 631.5 m 415 631.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 629.5 m 415 629.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 645.5 m 462 645.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 631.5 m 462 631.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 629.5 m 462 629.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 645.5 m 516 645.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 631.5 m 516 631.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 629.5 m 516 629.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 645.5 m 563 645.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 631.5 m 563 631.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 629.5 m 563 629.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 590.5 m 322 590.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 576.5 m 322 576.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 574.5 m 322 574.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 590.5 m 366 590.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 576.5 m 366 576.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 574.5 m 366 574.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 590.5 m 415 590.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 576.5 m 415 576.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 574.5 m 415 574.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 590.5 m 462 590.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 576.5 m 462 576.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 574.5 m 462 574.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 590.5 m 516 590.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 576.5 m 516 576.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 574.5 m 516 574.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 590.5 m 563 590.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 576.5 m 563 576.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 574.5 m 563 574.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 694.73 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 289.60 694.73 Td (T) Tj ET Q q 0 0 0 rg BT 294.64 694.73 Td (ruck) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.35 694.73 Td (Parts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 380.40 702.73 Td (Global) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 372.85 694.73 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.95 702.73 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.35 694.73 Td (Services) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 450.34 698.36 Td (\(A\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.70 710.73 Td (Corporate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.05 702.73 Td (and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.70 694.73 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.25 694.73 Td (T) Tj ET Q q 0 0 0 rg BT 536.85 694.73 Td (otal) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 680.18 Td (Y) Tj ET Q q 0 0 0 rg BT 58.61 680.18 Td (ear) Tj ET Q q 0 0 0 rg BT 72.31 680.18 Td ( Ended October) Tj ET Q q 0 0 0 rg BT 139.91 680.18 Td ( 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 665.17 Td (External sales and revenues, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.50 665.07 Td (..............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.50 665.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.60 665.17 Td (7,386) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.50 665.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.60 665.17 Td (2,399) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.50 665.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 665.17 Td (305) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 665.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.15 665.17 Td (160) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.50 665.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 665.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.50 665.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.60 665.17 Td (10,250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 650.17 Td (Intersegment sales and revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.50 650.07 Td (..............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.15 650.17 Td (104) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.15 650.17 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.15 650.17 Td (55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 650.17 Td (97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.80 650.22 Td (\(264) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.15 650.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 650.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 635.17 Td (T) Tj ET Q q 0 0 0 rg BT 93.91 635.17 Td (otal sales and revenues, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.50 635.07 Td (............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.50 635.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.60 635.17 Td (7,490) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.50 635.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.60 635.17 Td (2,407) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.50 635.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 635.17 Td (360) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 635.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.15 635.17 Td (257) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.50 635.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.80 635.22 Td (\(264) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.15 635.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.50 635.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.60 635.17 Td (10,250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 620.17 Td (Income \(loss\) from continuing operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 610.17 Td (attributable to NIC, net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.50 610.07 Td (..................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.50 610.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.15 610.17 Td (397) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.50 610.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.15 610.17 Td (569) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.50 610.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 610.17 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 610.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 610.17 Td (88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.50 610.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.80 610.22 Td (\(716) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.15 610.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.50 610.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 610.17 Td (340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 595.17 Td (Income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.50 595.07 Td (..................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.15 595.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.15 595.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.15 595.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 595.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.80 595.22 Td (\(52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.15 595.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.80 595.22 Td (\(52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 595.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 580.17 Td (Segment profit \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.00 580.07 Td (.........................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.50 580.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.15 580.17 Td (397) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.50 580.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.15 580.17 Td (569) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.50 580.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 580.17 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 580.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 580.17 Td (88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.50 580.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.80 580.22 Td (\(664) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.15 580.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.50 580.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 580.17 Td (392) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 565.17 Td (Depreciation and amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.00 565.07 Td (.................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.50 565.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.15 565.17 Td (130) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.50 565.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.15 565.17 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.50 565.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.15 565.17 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 565.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 565.17 Td (55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.50 565.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 565.17 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.50 565.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 565.17 Td (21) Tj ET Q q 0 0 0 rg BT 554.15 565.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 550.17 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.50 550.07 Td (........................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.15 550.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.15 550.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.15 550.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 550.17 Td (92) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 550.17 Td (235) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 550.17 Td (327) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 535.17 Td (Equity in income \(loss\) of non-consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 525.17 Td (af) Tj ET Q q 0 0 0 rg BT 78.09 525.17 Td (filiates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.50 525.07 Td (....................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 525.17 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.15 525.17 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.80 525.22 Td (\(5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 525.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 525.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 525.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 525.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 510.17 Td ( Capital expenditures) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 152.48 514.70 Td (\(B\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.00 510.07 Td (.............................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.15 510.17 Td (99) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.15 510.17 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 510.17 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 510.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.15 510.17 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 510.17 Td (1) Tj ET Q q 0 0 0 rg BT 549.15 510.17 Td (13) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 463.5 m 369 463.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 463.5 m 418 463.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 463.5 m 328 463.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 463.5 m 369 463.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 463.5 m 464 463.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 463.5 m 518 463.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 463.5 m 563 463.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 418.5 m 328 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 404.5 m 328 404.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 402.5 m 328 402.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 418.5 m 369 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 404.5 m 369 404.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 402.5 m 369 402.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 418.5 m 418 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 404.5 m 418 404.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 402.5 m 418 402.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 418.5 m 464 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 404.5 m 464 404.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 402.5 m 464 402.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 418.5 m 518 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 404.5 m 518 404.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 402.5 m 518 402.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 418.5 m 563 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 404.5 m 563 404.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 402.5 m 563 402.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 363.5 m 328 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 349.5 m 328 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 347.5 m 328 347.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 363.5 m 369 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 349.5 m 369 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 347.5 m 369 347.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 363.5 m 418 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 349.5 m 418 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 347.5 m 418 347.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 363.5 m 464 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 349.5 m 464 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 347.5 m 464 347.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 363.5 m 518 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 349.5 m 518 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 347.5 m 518 347.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 363.5 m 563 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 349.5 m 563 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 347.5 m 563 347.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 467.73 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 297.10 467.73 Td (T) Tj ET Q q 0 0 0 rg BT 302.14 467.73 Td (ruck) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.85 467.73 Td (Parts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 383.40 475.73 Td (Global) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.85 467.73 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.45 475.73 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 424.85 467.73 Td (Services) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 452.84 471.36 Td (\(A\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.70 483.73 Td (Corporate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 486.05 475.73 Td (and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.70 467.73 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.25 467.73 Td (T) Tj ET Q q 0 0 0 rg BT 537.85 467.73 Td (otal) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 453.18 Td (Y) Tj ET Q q 0 0 0 rg BT 58.61 453.18 Td (ear) Tj ET Q q 0 0 0 rg BT 72.31 453.18 Td ( Ended October) Tj ET Q q 0 0 0 rg BT 139.91 453.18 Td ( 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 438.17 Td (External sales and revenues, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.50 438.07 Td (..................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.50 438.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.60 438.17 Td (5,770) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.50 438.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.60 438.17 Td (2,369) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.50 438.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.15 438.17 Td (279) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.50 438.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 438.17 Td (142) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 438.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 438.17 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.50 438.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.60 438.17 Td (8,570) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 423.17 Td (Intersegment sales and revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.00 423.07 Td (.................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 423.17 Td (39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 423.17 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.15 423.17 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 423.17 Td (93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.80 423.22 Td (\(185) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.15 423.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 423.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 408.17 Td (T) Tj ET Q q 0 0 0 rg BT 93.91 408.17 Td (otal sales and revenues, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.50 408.07 Td (................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.50 408.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.60 408.17 Td (5,809) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.50 408.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.60 408.17 Td (2,392) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.50 408.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.15 408.17 Td (309) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.50 408.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 408.17 Td (235) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 408.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.80 408.22 Td (\(175) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.15 408.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.50 408.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.60 408.17 Td (8,570) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 393.17 Td (Income \(loss\) from continuing operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 383.17 Td (attributable to NIC, net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.50 383.07 Td (......................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.50 383.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.80 383.22 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.15 383.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.50 383.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.15 383.17 Td (616) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.50 383.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.80 383.22 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.15 383.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.50 383.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 383.17 Td (77) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 383.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.80 383.22 Td (\(651) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.15 383.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.50 383.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 383.17 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 368.17 Td (Income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.00 368.07 Td (.....................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 368.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 368.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.15 368.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 368.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.80 368.22 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.15 368.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.80 368.22 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 368.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 353.17 Td (Segment profit \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.50 353.07 Td (............................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.50 353.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.80 353.22 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.15 353.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.50 353.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.15 353.17 Td (616) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.50 353.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.80 353.22 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.15 353.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.50 353.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 353.17 Td (77) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 353.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.80 353.22 Td (\(641) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.15 353.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.50 353.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 353.17 Td (39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 338.17 Td (Depreciation and amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.50 338.07 Td (....................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.50 338.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.15 338.17 Td (137) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.50 338.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 338.17 Td (1) Tj ET Q q 0 0 0 rg BT 360.15 338.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.50 338.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.15 338.17 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.50 338.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 338.17 Td (51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 338.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 338.17 Td (1) Tj ET Q q 0 0 0 rg BT 509.15 338.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.50 338.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 338.17 Td (223) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 323.17 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.00 323.07 Td (...........................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 323.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 323.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.15 323.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 323.17 Td (86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 323.17 Td (265) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 323.17 Td (351) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 308.17 Td (Equity in income \(loss\) of non-consolidated af) Tj ET Q q 0 0 0 rg BT 256.39 308.17 Td (filiates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 308.17 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 308.17 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.80 308.22 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.15 308.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 308.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 308.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 308.17 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 293.17 Td ( Capital expenditures) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 152.48 297.70 Td (\(B\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 293.07 Td (.................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 293.17 Td (82) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 293.17 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 293.17 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 293.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 293.17 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 293.17 Td (102) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279 246.5 m 322 246.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 246.5 m 366 246.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 246.5 m 415 246.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 246.5 m 462 246.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 246.5 m 516 246.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 246.5 m 563 246.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 250.73 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 289.60 250.73 Td (T) Tj ET Q q 0 0 0 rg BT 294.64 250.73 Td (ruck) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.35 250.73 Td (Parts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 380.40 258.73 Td (Global) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 372.85 250.73 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.95 258.73 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.00 250.73 Td (Services) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.70 266.73 Td (Corporate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.05 258.73 Td (and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.70 250.73 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.25 250.73 Td (T) Tj ET Q q 0 0 0 rg BT 536.85 250.73 Td (otal) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 237.18 Td (Segment assets, as of:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 70.50 223.18 Td (October) Tj ET Q q 0 0 0 rg BT 105.30 223.18 Td ( 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.00 223.07 Td (.....................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 281.50 223.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 295.60 223.18 Td (1,705) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.50 223.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 347.15 223.18 Td (688) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.50 223.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.15 223.18 Td (296) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.50 223.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.60 223.18 Td (2,774) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.50 223.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.65 223.18 Td (1,454) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.50 223.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.60 223.18 Td (6,917) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 208.17 Td (October 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.50 208.07 Td (......................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.60 208.17 Td (2,085) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.15 208.17 Td (636) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 208.17 Td (331) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.60 208.17 Td (2,648) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 208.17 Td (1,530) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.60 208.17 Td (7,230) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 194.40 Td (_________________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 48.50 184.80 Td (\(A\) ) Tj ET Q q 0 0 0 rg BT 67.50 184.80 Td (T) Tj ET Q q 0 0 0 rg BT 71.83 184.80 Td (otal sales and revenues in the Financial Services segment include interest revenues of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 347.07 184.80 Td ($208 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 388.18 184.80 Td (, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 392.18 184.80 Td ($182 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 433.30 184.80 Td (, and ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 450.85 184.80 Td ($165 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 491.96 184.80 Td ( for the ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 517.06 184.80 Td (years ended ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 175.20 Td (October 31, 2019) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 123.27 175.20 Td (, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 127.27 175.20 Td (2018) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 143.27 175.20 Td (, and ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 160.82 175.20 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 176.82 175.20 Td (, respectively) Tj ET Q q 0 0 0 rg BT 218.95 175.20 Td (.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 48.50 165.60 Td (\(B\) ) Tj ET Q q 0 0 0 rg BT 67.50 165.60 Td (Exclusive of purchases of equipment leased to others and liabilities related to capital expenditures.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 147.60 Td (No) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.72 147.60 Td ( single customer accounted for more than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.72 147.60 Td (10%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.05 147.60 Td ( of consolidated sales and revenues for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.19 147.60 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.90 147.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 135.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 135.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.94 135.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.94 135.60 Td (. ) Tj ET Q endstream endobj 229 0 obj <> endobj 230 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 33.60 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (Sales and revenues to external customers classified by significant products and services were as follows: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 690.6 m 455 690.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455 690.6 m 459 690.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 690.6 m 509 690.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 690.6 m 513 690.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 690.6 m 563 690.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 678.6 m 455 678.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 678.6 m 509 678.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 678.6 m 563 678.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.55 694.68 Td (For) Tj ET Q q 0 0 0 rg BT 439.92 694.68 Td ( the ) Tj ET Q q 0 0 0 rg BT 454.36 694.68 Td (Y) Tj ET Q q 0 0 0 rg BT 459.54 694.68 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 527.47 694.68 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 682.68 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.50 682.68 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.50 682.68 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.50 682.68 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 669.28 Td (Sales and r) Tj ET Q q 0 0 0 rg BT 99.55 669.28 Td (evenues:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 655.17 Td (T) Tj ET Q q 0 0 0 rg BT 76.43 655.17 Td (rucks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 655.17 Td (.........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.50 655.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.65 655.28 Td (8,496) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 655.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 655.17 Td (7,323) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 655.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 655.17 Td (5,706) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 641.17 Td (Parts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.50 641.17 Td (............................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.65 641.28 Td (2,021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 641.17 Td (2,215) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 641.17 Td (2,177) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 627.17 Td (Engine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 627.17 Td (.........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.15 627.28 Td (541) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 627.17 Td (552) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 627.17 Td (545) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 613.17 Td (Financial Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.50 613.17 Td (......................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.15 613.28 Td (193) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 613.17 Td (160) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 613.17 Td (142) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 591.10 Td (Information concerning principal geographic areas is presented as follows: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 568.6 m 455 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455 568.6 m 459 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 568.6 m 509 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 568.6 m 513 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 568.6 m 563 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 556.6 m 455 556.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 556.6 m 509 556.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 556.6 m 563 556.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.55 572.68 Td (For) Tj ET Q q 0 0 0 rg BT 439.92 572.68 Td ( the ) Tj ET Q q 0 0 0 rg BT 454.36 572.68 Td (Y) Tj ET Q q 0 0 0 rg BT 459.54 572.68 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 527.47 572.68 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 560.68 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.50 560.68 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.50 560.68 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.50 560.68 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 547.28 Td (Sales and r) Tj ET Q q 0 0 0 rg BT 99.55 547.28 Td (evenues:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 533.17 Td (United States) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.50 533.17 Td (..............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.50 533.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.65 533.28 Td (9,097) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 533.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 533.17 Td (7,223) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 533.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 533.17 Td (6,375) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 519.17 Td (Canada) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.50 519.17 Td (........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.15 519.28 Td (918) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 519.17 Td (868) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 519.17 Td (708) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 505.17 Td (Mexico) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.50 505.17 Td (........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.15 505.28 Td (688) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 505.17 Td (933) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 505.17 Td (708) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 491.17 Td (Brazil) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.50 491.17 Td (..........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.15 491.28 Td (268) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 491.17 Td (263) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 491.17 Td (237) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 477.17 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.00 477.17 Td (...........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.15 477.28 Td (280) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 477.17 Td (963) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 477.17 Td (542) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 449.6 m 509 449.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 449.6 m 513 449.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 449.6 m 563 449.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 437.6 m 509 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 437.6 m 563 437.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.80 453.83 Td (As of October) Tj ET Q q 0 0 0 rg BT 528.27 453.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 441.68 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.50 441.68 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.50 441.68 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 428.28 Td (Long-lived assets:) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 128.89 432.81 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 414.17 Td (United States) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 414.17 Td (....................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.50 414.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.65 414.28 Td (1,017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 414.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 414.17 Td (1,099) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 400.17 Td (Canada) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.50 400.17 Td (..............................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.15 400.28 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 400.17 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 386.17 Td (Mexico) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.00 386.17 Td (.............................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.15 386.28 Td (283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 386.17 Td (249) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 372.17 Td (Brazil) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 372.17 Td (................................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.15 372.28 Td (62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 372.17 Td (73) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 358.17 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 358.17 Td (................................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.15 358.28 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 358.17 Td (8) Tj ET Q BT /F1 10.00 Tf ET BT /F1 7.00 Tf ET q 0 0 0 rg BT 49.50 345.70 Td (__________________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 48.50 336.10 Td (\(A\) Long-lived assets consist of ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 158.70 336.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 166.41 336.10 Td (operty and equipment, net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 249.94 336.10 Td (, ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 253.94 336.10 Td (Goodwill, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 287.72 336.10 Td (and ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 301.27 336.10 Td (Intangible assets, net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 369.04 336.10 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 318.10 Td (16. Stockholders' Deficit) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 297.10 Td (Preferred and Preference Stocks ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 279.10 Td (NIC has authorized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.75 279.10 Td (30 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.15 279.10 Td ( shares of preferred stock, none of which have been issued, with a par value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.14 279.10 Td ($1.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.64 279.10 Td ( per share. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 267.10 Td (NIC has authorized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.75 267.10 Td (10 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.15 267.10 Td ( shares of preference stock with a par value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.73 267.10 Td ($1.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.23 267.10 Td ( per share. Currently) Tj ET Q q 0 0 0 rg BT 461.77 267.10 Td (, SeriesB ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 255.10 Td (Nonconvertible Junior Preference Stock \("SeriesB"\) and SeriesD Convertible Junior Preference Stock \("SeriesD"\) are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 243.10 Td (outstanding.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 225.10 Td (The UA) Tj ET Q q 0 0 0 rg BT 81.19 225.10 Td (W) Tj ET Q q 0 0 0 rg BT 90.45 225.10 Td ( holds the SeriesB and is currently entitled to elect one member of our Board of Directors. ) Tj ET Q q 0 0 0 rg BT 455.07 225.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.51 225.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.22 225.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 213.10 Td (and 2018, there was one share of SeriesB Preference stock with a par value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.77 213.10 Td ($1.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.27 213.10 Td ( per share authorized and outstanding. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 195.10 Td (At both ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.28 195.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.99 195.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.42 195.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.42 195.10 Td (, there were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.84 195.10 Td (70,182) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.34 195.10 Td ( shares of SeriesD issued and outstanding. ) Tj ET Q q 0 0 0 rg BT 441.74 195.10 Td (These shares were issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 183.10 Td (with a par value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.97 183.10 Td ($1.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.47 183.10 Td ( per share, an optional redemption price, and a liquidation preference of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.80 183.10 Td ($25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.80 183.10 Td ( per share plus accrued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 171.10 Td (dividends. ) Tj ET Q q 0 0 0 rg BT 93.21 171.10 Td (The SeriesD stock may be converted into NIC common stock at the holder's option \(subject to adjustment in certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 159.10 Td (circumstances\); upon conversion each share of SeriesD stock is converted to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.51 159.10 Td (0.3125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.01 159.10 Td (shares of common stock. ) Tj ET Q q 0 0 0 rg BT 492.25 159.10 Td (The SeriesD ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 147.10 Td (stock ranks senior to common stock as to dividends and liquidation and receives dividends at a rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.40 147.10 Td (120%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.73 147.10 Td ( of the cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 135.10 Td (dividends on common stock as declared on an as-converted basis. ) Tj ET Q endstream endobj 231 0 obj <> endobj 232 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 33.60 Td (15) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (Common Stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 692.25 Td (Changes in shares of common stock and treasury stock were as follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 660.75 m 455 660.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 660.75 m 509 660.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 660.75 m 563 660.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 660.75 m 455 660.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 660.75 m 509 660.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 660.75 m 563 660.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 615.75 m 455 615.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 615.75 m 509 615.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 615.75 m 563 615.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 615.75 m 455 615.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 615.75 m 509 615.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 615.75 m 563 615.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 570.75 m 455 570.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 570.75 m 509 570.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 570.75 m 563 570.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 570.75 m 455 570.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 525.75 m 455 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 525.75 m 509 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 525.75 m 455 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 512.75 m 455 512.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 510.75 m 455 510.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 525.75 m 509 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 512.75 m 509 512.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 510.75 m 509 510.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 525.75 m 563 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 512.75 m 563 512.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 510.75 m 563 510.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 664.98 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.70 672.98 Td (Common) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 419.90 664.98 Td (Stock) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.05 672.98 Td (T) Tj ET Q q 0 0 0 rg BT 473.09 672.98 Td (r) Tj ET Q q 0 0 0 rg BT 476.27 672.98 Td (easury) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.90 664.98 Td (Stock) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 526.00 672.98 Td (Shar) Tj ET Q q 0 0 0 rg BT 542.30 672.98 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.15 664.98 Td (Outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 650.42 Td (Balance as of October 31, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.00 650.32 Td (.........................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 650.42 Td (86.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 650.42 Td (5.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 650.42 Td (81.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 635.42 Td (Shares issued) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.00 635.32 Td (.................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 635.42 Td (16.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.30 635.47 Td (\(0.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 635.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 635.42 Td (17.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 620.42 Td (Shares acquired) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.00 620.32 Td (.............................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.15 620.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 620.42 Td (0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.30 620.47 Td (\(0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 620.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 605.42 Td (Balance as of October 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.00 605.32 Td (.........................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 605.42 Td (103.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 605.42 Td (4.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 605.42 Td (98.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 590.42 Td (Shares issued) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.00 590.32 Td (.................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.15 590.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.30 590.47 Td (\(0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 590.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 590.42 Td (0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 575.42 Td (Shares acquired) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.00 575.32 Td (.............................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.15 575.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 575.42 Td (0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.30 575.47 Td (\(0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 575.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 560.42 Td (Balance as of October 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.00 560.32 Td (.........................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 560.42 Td (103.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 560.42 Td (4.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 560.42 Td (98.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 545.42 Td (Shares issued) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.00 545.32 Td (.................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.15 545.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.30 545.47 Td (\(0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 545.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 545.42 Td (0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 530.42 Td (Shares acquired) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.00 530.32 Td (.............................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.15 530.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 530.42 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.30 530.47 Td (\(0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 530.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 516.32 Td (Balance as of October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.00 516.32 Td (.........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.65 516.43 Td (103.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 492.65 516.43 Td (3.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 541.65 516.43 Td (99.2) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 494.25 Td (On February 28, 2017, we consummated our previously announced strategic alliance with ) Tj ET Q q 0 0 0 rg BT 411.44 494.25 Td (TRA) Tj ET Q q 0 0 0 rg BT 430.33 494.25 Td (T) Tj ET Q q 0 0 0 rg BT 436.26 494.25 Td (ON Group, which included an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 482.25 Td (equity investment in the Company by ) Tj ET Q q 0 0 0 rg BT 202.08 482.25 Td (TRA) Tj ET Q q 0 0 0 rg BT 220.97 482.25 Td (T) Tj ET Q q 0 0 0 rg BT 226.90 482.25 Td (ON Group pursuant to a Stock Purchase ) Tj ET Q q 0 0 0 rg BT 389.37 482.25 Td (Agreement, License and Supply ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 470.25 Td (Framework ) Tj ET Q q 0 0 0 rg BT 97.55 470.25 Td (Agreement and Procurement JV) Tj ET Q q 0 0 0 rg BT 225.94 470.25 Td ( Framework ) Tj ET Q q 0 0 0 rg BT 276.48 470.25 Td (Agreement. Pursuant to the ) Tj ET Q q 0 0 0 rg BT 388.22 470.25 Td (TRA) Tj ET Q q 0 0 0 rg BT 407.11 470.25 Td (T) Tj ET Q q 0 0 0 rg BT 413.04 470.25 Td (ON Group Stock Purchase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 458.25 Td (Agreement, on February 28, 2017 we issued and ) Tj ET Q q 0 0 0 rg BT 245.94 458.25 Td (TRA) Tj ET Q q 0 0 0 rg BT 264.83 458.25 Td (T) Tj ET Q q 0 0 0 rg BT 270.76 458.25 Td (ON Group purchased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.79 458.25 Td (16.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.68 458.25 Td ( of our shares of common stock for an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 446.25 Td (aggregate purchase price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.21 446.25 Td ($256 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.61 446.25 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.82 446.25 Td ($15.76) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.32 446.25 Td ( per share \(an estimated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.78 446.25 Td (19.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.61 446.25 Td ( stake \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.49 446.25 Td (16.6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.32 446.25 Td ( on a fully-diluted basis\) in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 434.25 Td (Company\).) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 416.25 Td (Additional Paid in Capital) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 398.25 Td (In accounting for the issuance of the former ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.21 398.25 Td (4.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.04 398.25 Td ( Senior Subordinated Convertible Notes due 2018 \("2018 Convertible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 386.25 Td (Notes"\), a debt component and an equity component were separated resulting in the debt component being recorded at its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 374.25 Td (estimated fair value without consideration given to the conversion feature. ) Tj ET Q q 0 0 0 rg BT 348.94 374.25 Td (W) Tj ET Q q 0 0 0 rg BT 357.58 374.25 Td (e estimated the fair value of the liability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 362.25 Td (component at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.15 362.25 Td ($177 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.54 362.25 Td (. ) Tj ET Q q 0 0 0 rg BT 162.36 362.25 Td (The resulting equity component of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.16 362.25 Td ($22 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.55 362.25 Td (, net of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.10 362.25 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.49 362.25 Td ( of discount, was recorded in) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 537.01 362.25 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 350.25 Td (Additional paid in capital) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.55 350.25 Td (. Issuance costs were also allocated between the debt and equity components resulting in an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 338.25 Td (immaterial amount being recorded as a reduction in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 258.31 338.25 Td (Additional paid in capital.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.87 338.25 Td ( ) Tj ET Q q 0 0 0 rg BT 366.18 338.25 Td (The 2018 Convertible Notes were fully repaid ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 326.25 Td (upon maturity in October 2018, and none were converted into our common stock.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 309.75 Td (In accounting for the issuance of the former 2019 Convertible Notes, the debt component and equity component were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 297.75 Td (separated, resulting in the debt component being recorded at its estimated fair value without consideration given to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 285.75 Td (conversion feature. ) Tj ET Q q 0 0 0 rg BT 128.45 285.75 Td (W) Tj ET Q q 0 0 0 rg BT 137.09 285.75 Td (e estimated the fair value of the liability component at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.90 285.75 Td ($367 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.29 285.75 Td (. ) Tj ET Q q 0 0 0 rg BT 412.11 285.75 Td (The resulting equity component of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 273.75 Td ($44 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.89 273.75 Td ( was recorded in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 164.20 273.75 Td (Additional paid in capital) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.25 273.75 Td (. Issuance costs were also allocated between debt and equity components ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 261.75 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.78 261.75 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.17 261.75 Td ( being recorded as a reduction in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 244.17 261.75 Td (Additional paid in capital. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.22 261.75 Td (The 2019 Convertible Notes were fully repaid upon ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 249.75 Td (maturity in ) Tj ET Q q 0 0 0 rg BT 95.61 249.75 Td (April 2019, and none were converted into our common stock.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 231.75 Td (Accumulated Other Comprehensive Loss ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 213.75 Td (The following table presents changes in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 211.12 213.75 Td (Accumulated other compr) Tj ET Q q 0 0 0 rg BT 314.61 213.75 Td (ehensive loss, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.10 213.75 Td (net of tax, included in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 477.90 213.75 Td (Consolidated ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 201.75 Td (Statements of Shar) Tj ET Q q 0 0 0 rg BT 124.12 201.75 Td (eholders' Deficit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.41 201.75 Td (:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 147.25 m 401 147.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 147.25 m 455 147.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 147.25 m 509 147.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 147.25 m 563 147.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 147.25 m 401 147.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 132.25 m 401 132.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 147.25 m 455 147.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 132.25 m 455 132.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 147.25 m 509 147.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 132.25 m 509 132.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 147.25 m 563 147.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 132.25 m 563 132.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 102.25 m 401 102.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 102.25 m 455 102.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 102.25 m 509 102.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 102.25 m 563 102.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 87.25 m 401 87.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 74.25 m 401 74.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 72.25 m 401 72.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 87.25 m 455 87.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 74.25 m 455 74.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 72.25 m 455 72.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 87.25 m 509 87.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 74.25 m 509 74.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 72.25 m 509 72.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 87.25 m 563 87.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 74.25 m 563 74.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 72.25 m 563 72.25 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 151.48 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.90 175.48 Td (Unr) Tj ET Q q 0 0 0 rg BT 370.61 175.48 Td (ealized) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.80 167.48 Td (Gain on) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 355.50 159.48 Td (Marketable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 358.80 151.48 Td (Securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.20 175.48 Td (For) Tj ET Q q 0 0 0 rg BT 428.57 175.48 Td (eign) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.10 167.48 Td (Curr) Tj ET Q q 0 0 0 rg BT 430.36 167.48 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.75 159.48 Td (T) Tj ET Q q 0 0 0 rg BT 414.79 159.48 Td (ranslation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.70 151.48 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.15 167.48 Td (Defined) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 471.25 159.48 Td (Benefit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.15 151.48 Td (Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.75 151.48 Td (T) Tj ET Q q 0 0 0 rg BT 533.35 151.48 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 136.92 Td (Balance as of October 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.00 136.82 Td (...................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.50 136.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 136.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 136.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.80 136.97 Td (\(315) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 136.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 136.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 136.97 Td (\(1,605) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 136.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 136.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 136.97 Td (\(1,920) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 136.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 121.92 Td (Other comprehensive loss before reclassifications) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.00 121.82 Td (.................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 121.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.80 121.97 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 121.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.80 121.97 Td (\(178) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 121.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.80 121.97 Td (\(184) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 121.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 106.92 Td (Amounts reclassified out of accumulated other comprehensive loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.50 106.82 Td (......) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 106.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.15 106.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 106.92 Td (192) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 106.92 Td (192) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.50 91.92 Td (Net current-period other comprehensive income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.00 91.82 Td (...................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 91.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.80 91.97 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 91.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 91.92 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 91.92 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 77.82 Td (Balance as of October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.00 77.82 Td (...................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.50 77.93 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.15 77.93 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.50 77.93 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 432.80 77.98 Td (\(321) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.15 77.93 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.50 77.93 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 479.30 77.98 Td (\(1,591) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.15 77.93 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 515.50 77.93 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.30 77.98 Td (\(1,912) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 559.15 77.93 Td (\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 233 0 obj <> endobj 234 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 33.60 Td (16) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 681.5 m 401 681.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 681.5 m 455 681.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 681.5 m 509 681.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 681.5 m 563 681.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 681.5 m 401 681.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 666.5 m 401 666.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 681.5 m 455 681.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 666.5 m 455 666.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 681.5 m 509 681.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 666.5 m 509 666.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 681.5 m 563 681.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 666.5 m 563 666.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 636.5 m 401 636.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 636.5 m 455 636.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 636.5 m 509 636.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 636.5 m 563 636.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 621.5 m 401 621.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 608.5 m 401 608.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 606.5 m 401 606.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 621.5 m 455 621.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 608.5 m 455 608.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 606.5 m 455 606.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 621.5 m 509 621.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 608.5 m 509 608.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 606.5 m 509 606.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 621.5 m 563 621.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 608.5 m 563 608.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 606.5 m 563 606.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 685.73 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.90 709.73 Td (Unr) Tj ET Q q 0 0 0 rg BT 370.61 709.73 Td (ealized) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.80 701.73 Td (Gain on) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 355.50 693.73 Td (Marketable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 358.80 685.73 Td (Securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.20 709.73 Td (For) Tj ET Q q 0 0 0 rg BT 428.57 709.73 Td (eign) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.10 701.73 Td (Curr) Tj ET Q q 0 0 0 rg BT 430.36 701.73 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.75 693.73 Td (T) Tj ET Q q 0 0 0 rg BT 414.79 693.73 Td (ranslation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.70 685.73 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.15 701.73 Td (Defined) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 471.25 693.73 Td (Benefit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.15 685.73 Td (Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.75 685.73 Td (T) Tj ET Q q 0 0 0 rg BT 533.35 685.73 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 671.17 Td (Balance as of October 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.00 671.07 Td (...................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.50 671.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 671.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 671.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.80 671.22 Td (\(283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 671.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 671.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 671.22 Td (\(1,928) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 671.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 671.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 671.22 Td (\(2,21) Tj ET Q q 0 0 0 rg BT 554.13 671.22 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 671.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 656.17 Td (Other comprehensive income \(loss\) before reclassifications) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.50 656.07 Td (..................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 656.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.80 656.22 Td (\(32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 656.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 656.17 Td (201) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 656.17 Td (169) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 641.17 Td (Amounts reclassified out of accumulated other comprehensive loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.50 641.07 Td (......) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 641.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.15 641.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 641.17 Td (122) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 641.17 Td (122) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.50 626.17 Td (Net current-period other comprehensive income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.00 626.07 Td (...................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 626.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.80 626.22 Td (\(32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 626.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 626.17 Td (323) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 626.17 Td (291) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 612.07 Td (Balance as of October 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.00 612.07 Td (...................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.50 612.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 612.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.50 612.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.80 612.12 Td (\(315) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 612.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 612.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 612.12 Td (\(1,605) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 612.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.50 612.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 612.12 Td (\(1,920) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 612.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 553.5 m 400 553.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 553.5 m 454 553.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 553.5 m 508 553.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 553.5 m 562 553.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 553.5 m 400 553.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 538.5 m 400 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 553.5 m 454 553.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 538.5 m 454 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 553.5 m 508 553.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 538.5 m 508 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 553.5 m 562 553.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 538.5 m 562 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 508.5 m 400 508.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 508.5 m 454 508.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 508.5 m 508 508.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 508.5 m 562 508.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 493.5 m 400 493.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 480.5 m 400 480.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 478.5 m 400 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 493.5 m 454 493.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 480.5 m 454 480.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 478.5 m 454 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 493.5 m 508 493.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 480.5 m 508 480.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 478.5 m 508 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 493.5 m 562 493.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 480.5 m 562 480.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 478.5 m 562 478.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 51.50 557.73 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.40 581.73 Td (Unr) Tj ET Q q 0 0 0 rg BT 370.11 581.73 Td (ealized) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.30 573.73 Td (Gain on) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 355.00 565.73 Td (Marketable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 358.30 557.73 Td (Securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.20 581.73 Td (For) Tj ET Q q 0 0 0 rg BT 427.57 581.73 Td (eign) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 412.10 573.73 Td (Curr) Tj ET Q q 0 0 0 rg BT 429.36 573.73 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.75 565.73 Td (T) Tj ET Q q 0 0 0 rg BT 413.79 565.73 Td (ranslation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 406.70 557.73 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.15 573.73 Td (Defined) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.25 565.73 Td (Benefit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.15 557.73 Td (Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.75 557.73 Td (T) Tj ET Q q 0 0 0 rg BT 532.35 557.73 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 543.17 Td (Balance as of October 31, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.00 543.07 Td (...................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.50 543.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.15 543.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.50 543.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 543.22 Td (\(280) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 543.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 543.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.30 543.22 Td (\(2,361) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 543.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 543.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 543.22 Td (\(2,640) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 543.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.50 528.17 Td (Other comprehensive income \(loss\) before reclassifications) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 300.91 532.70 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.00 528.07 Td (...............) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.80 528.22 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 528.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.80 528.22 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 528.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 528.17 Td (279) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 528.17 Td (275) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.50 513.17 Td (Amounts reclassified out of accumulated other comprehensive loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.50 513.07 Td (......) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 513.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 513.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 513.17 Td (154) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 513.17 Td (154) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.50 498.17 Td (Net current-period other comprehensive income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.00 498.07 Td (...................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.80 498.22 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 498.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.80 498.22 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 498.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 498.17 Td (433) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 498.17 Td (429) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 484.07 Td (Balance as of October 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.00 484.07 Td (...................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.50 484.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 484.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.50 484.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 484.12 Td (\(283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 484.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 484.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.30 484.12 Td (\(1,928) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 484.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 484.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 484.12 Td (\(2,21) Tj ET Q q 0 0 0 rg BT 553.13 484.12 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 484.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 464.40 Td (\(A\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 464.40 Td (Other comprehensive income before reclassifications for Defined Benefit Plans includes a ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 357.84 464.40 Td ($28 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 394.95 464.40 Td ( intraperiod tax allocation and ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 492.92 464.40 Td ($8 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 526.03 464.40 Td ( of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 454.80 Td (deferred tax assets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 436.80 Td (The following table presents the amounts reclassified from ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 287.21 436.80 Td (Accumulated other compr) Tj ET Q q 0 0 0 rg BT 390.70 436.80 Td (ehensive loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.19 436.80 Td ( and the af) Tj ET Q q 0 0 0 rg BT 484.93 436.80 Td (fected line item in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 424.80 Td (our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 65.33 424.80 Td (Consolidated Statements of Operations:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 235 395.29999999999995 m 434 395.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 395.29999999999995 m 477 395.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477 395.29999999999995 m 481 395.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 395.29999999999995 m 519 395.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 519 395.29999999999995 m 523 395.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 523 395.29999999999995 m 562 395.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 235 374.29999999999995 m 434 374.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 374.29999999999995 m 477 374.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 374.29999999999995 m 519 374.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 523 395.29999999999995 m 562 395.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 523 374.29999999999995 m 562 374.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 315.29999999999995 m 477 315.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 315.29999999999995 m 519 315.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 523 315.29999999999995 m 562 315.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 315.29999999999995 m 477 315.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 315.29999999999995 m 519 315.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 523 315.29999999999995 m 562 315.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 286.29999999999995 m 477 286.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 272.29999999999995 m 477 272.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 270.29999999999995 m 477 270.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 286.29999999999995 m 519 286.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 272.29999999999995 m 519 272.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 270.29999999999995 m 519 270.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 523 286.29999999999995 m 562 286.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 523 272.29999999999995 m 562 272.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 523 270.29999999999995 m 562 270.29999999999995 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.55 399.53 Td (For) Tj ET Q q 0 0 0 rg BT 455.92 399.53 Td ( the ) Tj ET Q q 0 0 0 rg BT 470.36 399.53 Td (Y) Tj ET Q q 0 0 0 rg BT 475.54 399.53 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 543.47 399.53 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 291.10 386.53 Td (Location in Consolidated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 290.65 378.53 Td (Statements of Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 449.00 378.53 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 491.50 378.53 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 534.00 378.53 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 364.98 Td (Defined benefit plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 350.87 Td (Amortization of actuarial loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.00 350.87 Td (...............) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.50 350.87 Td (Other expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 350.87 Td (...............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 440.50 350.98 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.15 350.98 Td (93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.50 350.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 350.87 Td (1) Tj ET Q q 0 0 0 rg BT 505.15 350.87 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.50 350.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 350.87 Td (138) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 335.97 Td (Settlements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.50 335.87 Td (............................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.50 335.97 Td (Other expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 335.87 Td (...............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.15 335.98 Td (143) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.15 335.97 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 335.97 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 319.97 Td (Settlements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.50 319.87 Td (............................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.50 319.97 Td (Restructuring) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.00 319.87 Td (.......................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.15 319.98 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 319.97 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 319.97 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.50 304.97 Td (T) Tj ET Q q 0 0 0 rg BT 248.91 304.97 Td (otal before tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.00 304.87 Td (.................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.15 304.98 Td (236) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 304.97 Td (123) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 304.97 Td (161) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.50 290.87 Td (Income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.00 290.87 Td (.............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.80 291.03 Td (\(44) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.15 290.98 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.80 290.92 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.15 290.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 290.92 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 290.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 275.97 Td (T) Tj ET Q q 0 0 0 rg BT 56.91 275.97 Td (otal reclassifications for the period, net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.50 275.87 Td (............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 440.50 275.98 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.15 275.98 Td (192) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.50 275.97 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.15 275.97 Td (122) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.50 275.97 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 275.97 Td (154) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 250.80 Td (Dividend Restrictions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 232.80 Td (Under the General Corporation Law of the State of Delaware, dividends may only be paid out of surplus or out of net profits for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 220.80 Td (the year in which the dividend is declared or the preceding year) Tj ET Q q 0 0 0 rg BT 303.16 220.80 Td (, and no dividend may be paid on common stock at any time ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 208.80 Td (during which the capital of outstanding preferred stock or preference stock exceeds our net assets. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 190.80 Td (Certain debt instruments, including our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.92 190.80 Td (6.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.75 190.80 Td ( Senior Notes indenture, our Loan ) Tj ET Q q 0 0 0 rg BT 377.78 190.80 Td (Agreement with regard to the ) Tj ET Q q 0 0 0 rg BT 497.83 190.80 Td (T) Tj ET Q q 0 0 0 rg BT 503.24 190.80 Td (ax Exempt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 178.80 Td (Bonds and our ) Tj ET Q q 0 0 0 rg BT 109.78 178.80 Td (Amended ) Tj ET Q q 0 0 0 rg BT 150.97 178.80 Td (T) Tj ET Q q 0 0 0 rg BT 156.38 178.80 Td (erm Loan Credit ) Tj ET Q q 0 0 0 rg BT 224.42 178.80 Td (Agreement, contain terms that include various negative covenants and restrictions, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 166.80 Td (including, among others, certain limitations on dividends. ) Tj ET Q q 0 0 0 rg BT 282.62 166.80 Td (W) Tj ET Q q 0 0 0 rg BT 291.25 166.80 Td (e have not paid dividends on our common stock since 1980.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 148.80 Td (17. Earnings Per) Tj ET Q q 0 0 0 rg BT 120.71 148.80 Td ( Shar) Tj ET Q q 0 0 0 rg BT 143.59 148.80 Td (e ) Tj ET Q q 0 0 0 rg BT 149.97 148.80 Td (Attributable to Navistar) Tj ET Q q 0 0 0 rg BT 253.11 148.80 Td ( International Corporation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 130.80 Td (The following table presents the information used in the calculation of our basic and diluted earnings per share for continuing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 118.80 Td (operations, discontinued operations, and net income, all attributable to NIC in our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 379.14 118.80 Td (Consolidated Statements of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.08 118.80 Td (:) Tj ET Q endstream endobj 235 0 obj <> endobj 236 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 33.60 Td (17) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 706.5 m 471 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471 706.5 m 475 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 706.5 m 517 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 706.5 m 521 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 706.5 m 563 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 693.5 m 471 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 693.5 m 517 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 693.5 m 563 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 634.5 m 471 634.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 620.5 m 471 620.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 618.5 m 471 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 634.5 m 517 634.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 620.5 m 517 620.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 618.5 m 517 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 634.5 m 563 634.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 620.5 m 563 620.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 618.5 m 563 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 554.5 m 471 554.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 554.5 m 517 554.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 554.5 m 563 554.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 554.5 m 471 554.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 540.5 m 471 540.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 538.5 m 471 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 554.5 m 517 554.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 540.5 m 517 540.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 538.5 m 517 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 554.5 m 563 554.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 540.5 m 563 540.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 538.5 m 563 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 476.5 m 471 476.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 462.5 m 471 462.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 460.5 m 471 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 476.5 m 517 476.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 462.5 m 517 462.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 460.5 m 517 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 476.5 m 563 476.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 462.5 m 563 462.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 460.5 m 563 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 416.5 m 471 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 402.5 m 471 402.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 400.5 m 471 400.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 416.5 m 517 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 402.5 m 517 402.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 400.5 m 517 400.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 416.5 m 563 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 402.5 m 563 402.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 400.5 m 563 400.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.55 710.73 Td (For) Tj ET Q q 0 0 0 rg BT 451.84 710.73 Td ( the ) Tj ET Q q 0 0 0 rg BT 466.21 710.73 Td (Y) Tj ET Q q 0 0 0 rg BT 471.10 710.73 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 539.39 710.73 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 697.73 Td (\(in millions, except per) Tj ET Q q 0 0 0 rg BT 130.13 697.73 Td ( shar) Tj ET Q q 0 0 0 rg BT 147.09 697.73 Td (e data\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.50 697.73 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 487.50 697.73 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.50 697.73 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 684.18 Td (Numerator:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 669.17 Td (Amounts attributable to Navistar International Corporation common stockholders:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 654.17 Td (Income from continuing operations, net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.50 654.07 Td (..................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.50 654.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.15 654.18 Td (221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.50 654.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 654.17 Td (340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.50 654.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 654.17 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 639.17 Td (Income from discontinued operations, net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.00 639.07 Td (...............................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.15 639.18 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.15 639.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 639.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 624.17 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.50 624.07 Td (..................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.50 624.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.15 624.18 Td (221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.50 624.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 624.17 Td (340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.50 624.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 624.17 Td (30) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 604.18 Td (Denominator:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 589.17 Td (W) Tj ET Q q 0 0 0 rg BT 61.54 589.17 Td (eighted average shares outstanding:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 574.17 Td (Basic) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.00 574.07 Td (...................................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.65 574.18 Td (99.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.65 574.17 Td (98.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 574.17 Td (93.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 559.17 Td (Ef) Tj ET Q q 0 0 0 rg BT 79.85 559.17 Td (fect of dilutive securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.00 559.07 Td (.................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.65 559.18 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.65 559.17 Td (0.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 559.17 Td (0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 544.17 Td (Diluted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.00 544.07 Td (.........................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.65 544.18 Td (99.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.65 544.17 Td (99.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 544.17 Td (93.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 526.18 Td (Earnings per) Tj ET Q q 0 0 0 rg BT 108.16 526.18 Td ( shar) Tj ET Q q 0 0 0 rg BT 129.37 526.18 Td (e attributable to Navistar) Tj ET Q q 0 0 0 rg BT 237.23 526.18 Td ( International Corporation:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 511.17 Td (Basic:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 496.17 Td (Continuing operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.50 496.07 Td (........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.50 496.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.65 496.18 Td (2.23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.50 496.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.65 496.17 Td (3.44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.50 496.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 496.17 Td (0.31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 481.17 Td (Discontinued operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.00 481.07 Td (.....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.15 481.18 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.15 481.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 481.17 Td (0.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 466.17 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.50 466.07 Td (..................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.50 466.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.65 466.18 Td (2.23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.50 466.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.65 466.17 Td (3.44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.50 466.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 466.17 Td (0.32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 451.17 Td (Diluted:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 436.17 Td (Continuing operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.50 436.07 Td (........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.50 436.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.65 436.18 Td (2.22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.50 436.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.65 436.17 Td (3.41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.50 436.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 436.17 Td (0.31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 421.17 Td (Discontinued operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.00 421.07 Td (.....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.15 421.18 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.15 421.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 421.17 Td (0.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 406.17 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.50 406.07 Td (..................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.50 406.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.65 406.18 Td (2.22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.50 406.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.65 406.17 Td (3.41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.50 406.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 406.17 Td (0.32) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 384.00 Td (The conversion rate on our former 2018 Convertible Notes was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.54 384.00 Td (17.1233) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.04 384.00 Td ( shares of common stock per ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.23 384.00 Td ($1,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.73 384.00 Td ( principal amount ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 372.00 Td (of 2018 Convertible Notes, equivalent to an initial conversion price of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.02 372.00 Td ($58.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.52 372.00 Td ( per share of common stock. ) Tj ET Q q 0 0 0 rg BT 536.14 372.00 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 360.00 Td (2018 Convertible Notes had an anti-dilutive ef) Tj ET Q q 0 0 0 rg BT 235.38 360.00 Td (fect when calculating diluted earnings per share when our average stock price ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 348.00 Td (was less than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.77 348.00 Td ($58.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.27 348.00 Td ( for all periods presented. ) Tj ET Q q 0 0 0 rg BT 236.50 348.00 Td (The 2018 Convertible Notes were fully repaid upon maturity in October 2018, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 336.00 Td (and none were converted into our common stock.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 318.00 Td (The conversion rate on our former 2019 Convertible Notes was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.54 318.00 Td (18.4946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.04 318.00 Td ( shares of common stock per ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.23 318.00 Td ($1,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.73 318.00 Td ( principal amount ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 306.00 Td (of 2019 Convertible Notes, equivalent to an initial conversion price of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.02 306.00 Td ($54.07) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.52 306.00 Td ( per share of common stock. ) Tj ET Q q 0 0 0 rg BT 536.14 306.00 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 294.00 Td (2019 Convertible Notes had an anti-dilutive ef) Tj ET Q q 0 0 0 rg BT 235.38 294.00 Td (fect when calculating diluted earnings per share when our average stock price ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 282.00 Td (was less than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.77 282.00 Td ($54.07) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.27 282.00 Td ( for all periods presented. ) Tj ET Q q 0 0 0 rg BT 236.50 282.00 Td (The 2019 Convertible Notes were fully repaid upon maturity in ) Tj ET Q q 0 0 0 rg BT 492.00 282.00 Td (April 2019 and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 270.00 Td (none were converted into our common stock.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 252.00 Td (In February 2017, we consummated our previously announced strategic alliance with ) Tj ET Q q 0 0 0 rg BT 392.55 252.00 Td (TRA) Tj ET Q q 0 0 0 rg BT 411.44 252.00 Td (T) Tj ET Q q 0 0 0 rg BT 417.37 252.00 Td (ON Group, which included an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 240.00 Td (equity investment in the Company by ) Tj ET Q q 0 0 0 rg BT 202.08 240.00 Td (TRA) Tj ET Q q 0 0 0 rg BT 220.97 240.00 Td (T) Tj ET Q q 0 0 0 rg BT 226.90 240.00 Td (ON Group pursuant to a Stock Purchase ) Tj ET Q q 0 0 0 rg BT 389.37 240.00 Td (Agreement \(the "Stock Purchase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 228.00 Td (Agreement"\), a License and Supply Framework ) Tj ET Q q 0 0 0 rg BT 242.69 228.00 Td (Agreement and a Procurement JV) Tj ET Q q 0 0 0 rg BT 378.02 228.00 Td ( Framework ) Tj ET Q q 0 0 0 rg BT 428.57 228.00 Td (Agreement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 210.00 Td (Pursuant to the Stock Purchase ) Tj ET Q q 0 0 0 rg BT 175.32 210.00 Td (Agreement, on February 28, 2017 we issued and ) Tj ET Q q 0 0 0 rg BT 371.76 210.00 Td (TRA) Tj ET Q q 0 0 0 rg BT 390.65 210.00 Td (T) Tj ET Q q 0 0 0 rg BT 396.58 210.00 Td (ON Group purchased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.61 210.00 Td (16.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.50 210.00 Td ( shares ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 198.00 Td (of our common stock for an aggregate purchase price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.08 198.00 Td ($256 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.47 198.00 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.69 198.00 Td ($15.76) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.19 198.00 Td ( per share \(a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.82 198.00 Td (19.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 198.00 Td ( stake at the time of purchase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 186.00 Td (\() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.83 186.00 Td (16.6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.66 186.00 Td ( on a fully-diluted basis\)\) in the Company) Tj ET Q q 0 0 0 rg BT 245.48 186.00 Td (, excluding stock issuance costs. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 168.00 Td (The computation of diluted earnings per share also excludes outstanding options and other common stock equivalents in periods ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 156.00 Td (where inclusion of such potential common stock instruments would be anti-dilutive.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 138.00 Td (For the years ended October 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.29 138.00 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.29 138.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.73 138.00 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.73 138.00 Td (, certain securities have been excluded from the computation of earnings per ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 126.00 Td (share, as our average stock price was less than their respective exercise prices. ) Tj ET Q q 0 0 0 rg BT 365.01 126.00 Td (The aggregate shares not included were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.05 126.00 Td (9.8 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 114.00 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 114.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.83 114.00 Td (13.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.72 114.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 199.38 114.00 Td (, which were primarily comprised of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.95 114.00 Td (7.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.84 114.00 Td ( shares related to the 2019 Convertible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 102.00 Td (Notes for the years ended October 31, 2018 and October 31, 2017, as well as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.41 102.00 Td (3.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.30 102.00 Td ( shares related to the 2018 Convertible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 90.00 Td (Notes for the year ended October 31, 2017.) Tj ET Q endstream endobj 237 0 obj <> endobj 238 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 33.60 Td (18) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (18. Stock-based Compensation Plans ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 692.25 Td (2013 Performance Incentive Plan) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 675.75 Td (The 2013 Performance Incentive Plan \("2013 PIP"\) was approved by the Board of Directors on December 1) Tj ET Q q 0 0 0 rg BT 481.05 675.75 Td (1, 2012 and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 663.75 Td (subsequently approved by the stockholders on February 19, 2013. ) Tj ET Q q 0 0 0 rg BT 315.11 663.75 Td (The plan was first amended on February 1) Tj ET Q q 0 0 0 rg BT 483.85 663.75 Td (1, 2015 and then ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 651.75 Td (subsequently amended on December 9, 2019. ) Tj ET Q q 0 0 0 rg BT 233.71 651.75 Td (The 2013 PIP) Tj ET Q q 0 0 0 rg BT 288.34 651.75 Td ( provides for the grant of annual cash incentive awards to all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 639.75 Td (employees \(including the Company) Tj ET Q q 0 0 0 rg BT 194.75 639.75 Td (s executive of) Tj ET Q q 0 0 0 rg BT 250.10 639.75 Td (ficers\), and stock options, restricted stock or stock unit awards, stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 627.75 Td (appreciation rights and other stock-based awards to all employees \(including the Company) Tj ET Q q 0 0 0 rg BT 415.23 627.75 Td (s executive of) Tj ET Q q 0 0 0 rg BT 470.58 627.75 Td (ficers\), any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 615.75 Td (consultants of the Company and its subsidiaries, and all non-employee directors serving on the Company) Tj ET Q q 0 0 0 rg BT 472.47 615.75 Td (s Board of Directors. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 603.75 Td (The awards granted under the 2013 PIP) Tj ET Q q 0 0 0 rg BT 207.42 603.75 Td ( are established by our Board of Directors or a committee thereof at the time of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 591.75 Td (issuance. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 573.75 Td (The 2013 PIP) Tj ET Q q 0 0 0 rg BT 104.13 573.75 Td ( replaced on a prospective basis, our 2004 Performance Incentive Plan, and will expire in February 2023. ) Tj ET Q q 0 0 0 rg BT 526.22 573.75 Td (A) Tj ET Q q 0 0 0 rg BT 532.89 573.75 Td ( total ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 561.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 561.75 Td (3,665,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.33 561.75 Td (shares of common stock were reserved for awards under the 2013 Plan.) Tj ET Q q 0 0 0 rg BT 390.61 561.75 Td (The number of shares authorized and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 549.75 Td (available for issuance under the 2013 PIP) Tj ET Q q 0 0 0 rg BT 215.19 549.75 Td ( will be increased by shares of stock subject to an option or award under the 2013 PIP) Tj ET Q q 0 0 0 rg BT 557.06 549.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 537.75 Td (the Company) Tj ET Q q 0 0 0 rg BT 105.88 537.75 Td (s 2004 Performance Incentive Plan, or the Ownership Program as further described below) Tj ET Q q 0 0 0 rg BT 464.85 537.75 Td (, \(collectively) Tj ET Q q 0 0 0 rg BT 519.17 537.75 Td (, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 525.75 Td ("Existing Plans"\), that are canceled, expired, forfeited, settled in cash, or otherwise terminated after February 19, 2013 without ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 513.75 Td (a delivery of shares to the participant of such plan, including shares used to satisfy the exercise price of a stock option or a tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 501.75 Td (withholding obligation arising in connection with an award. ) Tj ET Q q 0 0 0 rg BT 290.85 501.75 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.29 501.75 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.00 501.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.00 501.75 Td (3,106,390) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 501.75 Td ( shares remain available for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 489.75 Td (issuance under the 2013 PIP) Tj ET Q q 0 0 0 rg BT 161.71 489.75 Td (. Shares issued under the Plan may be newly issued shares or reissued ) Tj ET Q q 0 0 0 rg BT 443.13 489.75 Td (T) Tj ET Q q 0 0 0 rg BT 448.89 489.75 Td (reasury shares.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 468.75 Td (Other Plans and Grants) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 450.75 Td (The following plans were approved by our Board of Directors but were not approved and were not required to be approved by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 438.75 Td (our stockholders: the Executive Stock Ownership Program, as amended from time to time \(the "Ownership Program"\), and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 426.75 Td (Non-Employee Directors Deferred Fee Plan \(the"Deferred Fee Plan"\). ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 58.50 408.75 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 72.00 408.75 Td (Ownership Pr) Tj ET Q q 0 0 0 rg BT 128.02 408.75 Td (ogram) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.13 408.75 Td (In June 1997, our Board of Directors approved the terms of the Ownership Program. In general, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 396.75 Td (under the Ownership Program in existence through November 2013, all of) Tj ET Q q 0 0 0 rg BT 369.25 396.75 Td (ficers and senior managers were required to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 384.75 Td (acquire, by direct purchase or through salary or annual bonus reduction, an ownership interest in the Company by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 372.75 Td (acquiring a designated amount of our common stock based on or) Tj ET Q q 0 0 0 rg BT 330.64 372.75 Td (ganizational level. Participants were required to hold ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 360.75 Td (such stock for the entire period in which they are employed by the Company) Tj ET Q q 0 0 0 rg BT 377.65 360.75 Td (. ) Tj ET Q q 0 0 0 rg BT 382.47 360.75 Td (The Ownership Program was amended and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 348.75 Td (restated ef) Tj ET Q q 0 0 0 rg BT 113.18 348.75 Td (fective November 1, 2013 on a going forward basis. ) Tj ET Q q 0 0 0 rg BT 323.78 348.75 Td (The new guidelines \(i\) increased stock ownership guideline ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 336.75 Td (multiples to six times salary for the President and CEO and up to three times salary for other senior executives; \(ii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 324.75 Td (modified retention requirements for Company granted equity until ownership requirements are met; \(iii\) added a holding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 312.75 Td (period for shares acquired through transactions with Company granted equity after the executives satisfy the stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 300.75 Td (ownership requirement; \(iv\) eliminated the granting of premium shares as an inducement to executives fulfilling stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 288.75 Td (ownership guidelines on an accelerated basis; and \(v\) eliminated the required time frame to fulfill stock ownership ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 276.75 Td (guidelines. Under the prior Ownership Program, participants were entitled to defer their cash bonus into deferred share ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 264.75 Td (units \("DSUs"\), which vested immediately) Tj ET Q q 0 0 0 rg BT 241.99 264.75 Td (. ) Tj ET Q q 0 0 0 rg BT 246.81 264.75 Td (There were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.55 264.75 Td (2,365) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.05 264.75 Td ( DSUs outstanding as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.78 264.75 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.48 264.75 Td (. Premium share ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 252.75 Td (units \("PSUs"\) were also eligible to be awarded to participants who complete their ownership requirement on an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 240.75 Td (accelerated basis. PSUs vested annually) Tj ET Q q 0 0 0 rg BT 231.02 240.75 Td (, pro rata over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.61 240.75 Td (three years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.19 240.75 Td (. ) Tj ET Q q 0 0 0 rg BT 338.01 240.75 Td (There were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.75 240.75 Td (29,090) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.25 240.75 Td ( PSUs outstanding as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.32 240.75 Td (October 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 228.75 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.00 228.75 Td ( under the prior Ownership Program. Each vested DSU and PSU will be settled by delivery of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.26 228.75 Td (one) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.70 228.75 Td ( share of common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 216.75 Td (stock within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.67 216.75 Td (10 days) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.50 216.75 Td ( after a participant's termination of employment or at such later date as required by IRC Section Rule ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 204.75 Td (409A. PSUs and DSUs awarded between February 19, 2013 and October 31, 2013 were issued under the 2013 PIP) Tj ET Q q 0 0 0 rg BT 529.98 204.75 Td (. ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 58.50 186.75 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 72.00 186.75 Td (Deferr) Tj ET Q q 0 0 0 rg BT 98.29 186.75 Td (ed Fee Plan) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.60 186.75 Td (Under the Deferred Fee Plan, non-employee directors may elect to defer payment of all or a portion ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 174.75 Td (of their retainer fees and meeting fees in cash \(with interest\) or in stock units. Deferrals in the deferred stock account are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 162.75 Td (valued as if each deferral was vested in NIC common stock as of the deferral date. ) Tj ET Q q 0 0 0 rg BT 403.26 162.75 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.70 162.75 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.41 162.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.41 162.75 Td (20,669) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 529.91 162.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 72.00 150.75 Td (deferred shares were outstanding under the Deferred Fee Plan. Beginning on September 30, 2013, shares deferred by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 138.75 Td (non-employee directors have been issued out of the 2013 PIP) Tj ET Q q 0 0 0 rg BT 316.11 138.75 Td (. ) Tj ET Q q 0 0 0 rg BT 320.93 138.75 Td (The Deferred Fee Plan was amended and restated ef) Tj ET Q q 0 0 0 rg BT 528.99 138.75 Td (fective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 126.75 Td (February 1) Tj ET Q q 0 0 0 rg BT 115.23 126.75 Td (1, 2015 and then subsequently amended on December 9, 2019.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 105.75 Td (Stock Options) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 89.25 Td (Stock options represent the right to purchase a specified number of shares of common stock at a specified exercise price. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 77.25 Td (Generally) Tj ET Q q 0 0 0 rg BT 88.27 77.25 Td (, stock options are awarded with an exercise price equal to the fair market value of the common stock at grant date. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 65.25 Td (The stock options granted prior to December 2009 generally have a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.91 65.25 Td (ten) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.12 65.25 Td (-year contractual life. Stock options granted in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 53.25 Td (December 2009 through November 2016 were granted with a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.03 53.25 Td (seven) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.80 53.25 Td (-year contractual life. Since December 2016, stock options ) Tj ET Q endstream endobj 239 0 obj <> endobj 240 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 33.60 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (have been granted with a ten-year contractual life. Stock options are valued using the Black-Scholes option pricing model and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (vest ratably over a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.58 701.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.56 701.10 Td (-year period. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.10 Td (The following table summarizes stock options activity:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 653.6 m 288.5 653.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288.5 653.6 m 292.5 653.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 653.6 m 339.5 653.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 653.6 m 343.5 653.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 653.6 m 398.5 653.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 653.6 m 402.5 653.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 653.6 m 450.5 653.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 653.6 m 454.5 653.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 653.6 m 509.5 653.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 653.6 m 513.5 653.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 653.6 m 561.5 653.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 640.6 m 288.5 640.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288.5 640.6 m 292.5 640.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 640.6 m 339.5 640.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 640.6 m 398.5 640.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 640.6 m 402.5 640.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 640.6 m 450.5 640.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 640.6 m 509.5 640.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 640.6 m 513.5 640.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 640.6 m 561.5 640.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 603.6 m 288.5 603.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 603.6 m 339.5 603.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 603.6 m 398.5 603.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 603.6 m 450.5 603.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 603.6 m 509.5 603.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 603.6 m 561.5 603.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 530.6 m 288.5 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 516.6 m 288.5 516.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 514.6 m 288.5 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 530.6 m 398.5 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 516.6 m 398.5 516.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 514.6 m 398.5 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 530.6 m 509.5 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 516.6 m 509.5 516.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 514.6 m 509.5 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 501.6 m 288.5 501.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 499.6 m 288.5 499.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 501.6 m 398.5 501.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 499.6 m 398.5 499.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 501.6 m 509.5 501.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 499.6 m 509.5 499.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.05 657.83 Td (For) Tj ET Q q 0 0 0 rg BT 353.42 657.83 Td ( the ) Tj ET Q q 0 0 0 rg BT 367.86 657.83 Td (Y) Tj ET Q q 0 0 0 rg BT 373.04 657.83 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 440.97 657.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 278.00 644.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.50 644.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 499.50 644.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 249.00 607.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 265.38 607.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 299.25 631.83 Td (W) Tj ET Q q 0 0 0 rg BT 307.03 631.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.55 623.83 Td (A) Tj ET Q q 0 0 0 rg BT 307.03 623.83 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.10 615.83 Td (Exer) Tj ET Q q 0 0 0 rg BT 317.47 615.83 Td (cise) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 306.60 607.83 Td (Price) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.00 607.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 375.38 607.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.75 631.83 Td (W) Tj ET Q q 0 0 0 rg BT 417.53 631.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 412.05 623.83 Td (A) Tj ET Q q 0 0 0 rg BT 417.53 623.83 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.60 615.83 Td (Exer) Tj ET Q q 0 0 0 rg BT 427.97 615.83 Td (cise) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.10 607.83 Td (Price) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.00 607.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 486.38 607.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.75 631.83 Td (W) Tj ET Q q 0 0 0 rg BT 528.31 631.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.05 623.83 Td (A) Tj ET Q q 0 0 0 rg BT 528.23 623.83 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.60 615.83 Td (Exer) Tj ET Q q 0 0 0 rg BT 538.89 615.83 Td (cise) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.10 607.83 Td (Price) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 237.70 594.85 Td (\(in thousands\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 347.70 594.85 Td (\(in thousands\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.70 594.85 Td (\(in thousands\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 580.27 Td (Options outstanding, at beginning of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.00 580.17 Td (....) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.15 580.28 Td (1,780) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 295.00 580.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 313.15 580.28 Td (33.70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 580.27 Td (2,408) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.00 580.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 580.27 Td (38.81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.15 580.27 Td (2,835) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.00 580.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 580.27 Td (38.89) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 565.27 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.50 565.17 Td (...................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 269.65 565.28 Td (284) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 313.15 565.28 Td (33.83) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.65 565.27 Td (236) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 565.27 Td (40.44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.65 565.27 Td (301) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 565.27 Td (27.88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 550.27 Td (Exercised) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.00 550.17 Td (................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 271.30 550.28 Td (\(94) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 284.65 550.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 313.15 550.28 Td (23.98) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.30 550.32 Td (\(236) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.65 550.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 550.27 Td (32.78) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.30 550.32 Td (\(325) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.65 550.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 550.27 Td (30.25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 535.27 Td (Forfeited/expired) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.00 535.17 Td (....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.30 535.28 Td (\(233) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 284.65 535.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 313.15 535.28 Td (36.86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.30 535.32 Td (\(628) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.65 535.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 535.27 Td (56.64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.30 535.32 Td (\(403) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.65 535.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 535.27 Td (38.13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 520.27 Td (Options outstanding, at end of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.00 520.17 Td (..............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.15 520.28 Td (1,737) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 313.15 520.28 Td (33.82) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 520.27 Td (1,780) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 520.27 Td (33.70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.15 520.27 Td (2,408) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 520.27 Td (38.81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 505.27 Td (Options exercisable, at end of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.50 505.17 Td (...............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.15 505.28 Td (1,242) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 313.15 505.28 Td (33.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 505.27 Td (1,396) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 505.27 Td (33.55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.15 505.27 Td (2,073) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 505.27 Td (40.72) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 480.10 Td (The following table summarizes information about stock options outstanding: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 440.6 m 354.5 440.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 440.6 m 428.5 440.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 440.6 m 497.5 440.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 440.6 m 561.5 440.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 380.6 m 354.5 380.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 366.6 m 354.5 366.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 364.6 m 354.5 364.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 312.50 444.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 328.88 444.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.05 460.83 Td (W) Tj ET Q q 0 0 0 rg BT 369.83 460.83 Td (eighted ) Tj ET Q q 0 0 0 rg BT 396.27 460.83 Td (A) Tj ET Q q 0 0 0 rg BT 401.53 460.83 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.30 452.83 Td (Remaining) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.40 444.83 Td (Contractual Life) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 450.25 460.83 Td (W) Tj ET Q q 0 0 0 rg BT 457.81 460.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.55 452.83 Td (A) Tj ET Q q 0 0 0 rg BT 457.73 452.83 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.25 444.83 Td (Exer) Tj ET Q q 0 0 0 rg BT 458.54 444.83 Td (cise Price ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.50 452.83 Td (Aggr) Tj ET Q q 0 0 0 rg BT 530.68 452.83 Td (egate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 505.75 444.83 Td (Intrinsic ) Tj ET Q q 0 0 0 rg BT 536.94 444.83 Td (V) Tj ET Q q 0 0 0 rg BT 541.98 444.83 Td (alue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 430.27 Td (Range of Exercise Prices:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 301.20 429.85 Td (\(in thousands\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 377.75 429.85 Td (\(in years\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 511.10 429.85 Td (\(in millions\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 415.27 Td ($ 10.60 - $ 31.19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 415.17 Td (.............................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.65 415.27 Td (750) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.15 415.27 Td (3.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.00 415.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 415.27 Td (28.64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 415.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.15 415.27 Td (2.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 400.27 Td ($ 31.20 - $ 39.32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 400.17 Td (.............................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.65 400.27 Td (713) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.15 400.27 Td (3.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 400.27 Td (36.30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 400.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 385.27 Td ($ 39.33 - $ 43.86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 385.17 Td (.............................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.65 385.27 Td (274) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.15 385.27 Td (6.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 385.27 Td (41.56) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 385.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 370.27 Td (Options Outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 370.17 Td (..............................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.15 370.27 Td (1,737) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 345.10 Td (The following table summarizes information about stock options exercisable: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 305.6 m 354.5 305.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 305.6 m 428.5 305.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 305.6 m 497.5 305.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 305.6 m 561.5 305.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 245.60000000000002 m 354.5 245.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 231.60000000000002 m 354.5 231.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 229.60000000000002 m 354.5 229.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 312.50 309.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 328.88 309.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.05 325.83 Td (W) Tj ET Q q 0 0 0 rg BT 369.83 325.83 Td (eighted ) Tj ET Q q 0 0 0 rg BT 396.27 325.83 Td (A) Tj ET Q q 0 0 0 rg BT 401.53 325.83 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.30 317.83 Td (Remaining) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.40 309.83 Td (Contractual Life) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 450.25 325.83 Td (W) Tj ET Q q 0 0 0 rg BT 457.81 325.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.55 317.83 Td (A) Tj ET Q q 0 0 0 rg BT 457.73 317.83 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.25 309.83 Td (Exer) Tj ET Q q 0 0 0 rg BT 458.54 309.83 Td (cise Price ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.50 317.83 Td (Aggr) Tj ET Q q 0 0 0 rg BT 530.68 317.83 Td (egate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 505.75 309.83 Td (Intrinsic ) Tj ET Q q 0 0 0 rg BT 536.94 309.83 Td (V) Tj ET Q q 0 0 0 rg BT 541.98 309.83 Td (alue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 295.27 Td (Range of Exercise Prices:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 301.20 294.85 Td (\(in thousands\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 377.75 294.85 Td (\(in years\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 511.10 294.85 Td (\(in millions\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 280.27 Td ($ 10.60 - $ 31.19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 280.17 Td (.............................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.65 280.27 Td (627) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.15 280.27 Td (2.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.00 280.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 280.27 Td (28.83) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 280.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.15 280.27 Td (1.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 265.27 Td ($ 31.20 - $ 39.32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 265.17 Td (.............................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.65 265.27 Td (470) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.15 265.27 Td (0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 265.27 Td (36.96) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 265.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 250.27 Td ($ 39.33 - $ 43.86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 250.17 Td (.............................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.65 250.27 Td (145) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.15 250.27 Td (4.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 250.27 Td (42.41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 250.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 235.27 Td (Options Exercisable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.50 235.17 Td (...............................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.15 235.27 Td (1,242) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 213.10 Td (The weighted average grant date fair value of options granted during the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.58 213.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.29 213.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.29 213.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.29 213.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.23 213.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.23 213.10 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 201.10 Td ($16.15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 201.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.00 201.10 Td ($18.90) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.50 201.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.44 201.10 Td ($13.61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.94 201.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 211.60 201.10 Td (. ) Tj ET Q q 0 0 0 rg BT 216.42 201.10 Td (The total intrinsic value of stock options exercised during the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.11 201.10 Td (October 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 189.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 189.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.50 189.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.50 189.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.44 189.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.44 189.10 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.99 189.10 Td ($2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.38 189.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.38 189.10 Td ($3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.77 189.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.71 189.10 Td ($3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.10 189.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 360.76 189.10 Td (. ) Tj ET Q q 0 0 0 rg BT 365.58 189.10 Td (The fair value of each option grant was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 177.10 Td (estimated on the grant date using the Black-Scholes option-pricing model. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 159.10 Td (The following table summarizes the annual weighted average assumptions:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 133.60000000000002 m 453.5 133.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 133.60000000000002 m 457.5 133.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 133.60000000000002 m 507.5 133.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 133.60000000000002 m 511.5 133.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 133.60000000000002 m 561.5 133.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 118.60000000000002 m 453.5 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 118.60000000000002 m 507.5 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 118.60000000000002 m 561.5 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 118.60000000000002 m 453.5 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 118.60000000000002 m 507.5 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 118.60000000000002 m 561.5 118.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.05 137.83 Td (For) Tj ET Q q 0 0 0 rg BT 438.42 137.83 Td ( the ) Tj ET Q q 0 0 0 rg BT 452.86 137.83 Td (Y) Tj ET Q q 0 0 0 rg BT 458.04 137.83 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 525.97 137.83 Td ( 31,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 123.27 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 420.00 122.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.00 122.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.00 122.83 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 108.27 Td (Risk-free interest rate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.00 108.17 Td (........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.50 108.28 Td (2.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.00 108.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.15 108.27 Td (2.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 108.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.15 108.27 Td (1.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 108.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 93.27 Td (Expected volatility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.00 93.17 Td (............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.50 93.28 Td (48.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.00 93.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.15 93.27 Td (49.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 93.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 93.27 Td (55.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 93.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 78.27 Td (Expected life \(in years\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.50 78.17 Td (.....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 437.50 78.28 Td (5.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.50 78.27 Td (5.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.50 78.27 Td (5.0) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 241 0 obj <> endobj 242 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (120) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (The use of the Black-Scholes option-pricing model requires us to make certain estimates and assumptions. ) Tj ET Q q 0 0 0 rg BT 477.55 713.10 Td (The risk-free interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.10 Td (rate utilized is the implied yield on U.S.) Tj ET Q q 0 0 0 rg BT 211.51 701.10 Td (T) Tj ET Q q 0 0 0 rg BT 217.27 701.10 Td (reasury zero-coupon issues with a remaining term equal to the expected term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.10 Td (assumption on the grant date, rounded to the nearest half year) Tj ET Q q 0 0 0 rg BT 295.26 689.10 Td (. ) Tj ET Q q 0 0 0 rg BT 299.71 689.10 Td (A) Tj ET Q q 0 0 0 rg BT 306.38 689.10 Td ( dividend yield assumption of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.75 689.10 Td (0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.08 689.10 Td ( is used for all grants based on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.10 Td (our history of not paying a dividend to any class of stock and future expectations. Expected volatility is based on a blend of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (historical stock prices and implied volatilities from traded options in our stock. ) Tj ET Q q 0 0 0 rg BT 367.31 665.10 Td (The weighted average expected life in years for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 653.10 Td (all grants as a group is then calculated for each year) Tj ET Q q 0 0 0 rg BT 256.08 653.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 632.10 Td (Restricted Stock) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 614.10 Td (Restricted stock represents common stock issued subject to forfeiture or other restrictions that will lapse upon satisfaction of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 602.10 Td (specified conditions. Restricted stock is valued based on the fair value of the common stock at grant date and except for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 590.10 Td (restricted stock issued to non-employee directors, vests either ratably over a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.51 590.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.50 590.10 Td (-year period or clif) Tj ET Q q 0 0 0 rg BT 450.55 590.10 Td (f-vest at the end of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.96 590.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.95 590.10 Td (-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 578.10 Td (year period. Restricted stock issued to non-employee directors represents their first quarterly retainer fees and immediately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 566.10 Td (vests at grant date.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 548.10 Td (The following table summarizes restricted stock activity:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 202.5 524.6 m 255.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 524.6 m 259.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 524.6 m 319.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 524.6 m 323.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 524.6 m 376.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 524.6 m 380.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 524.6 m 440.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 524.6 m 444.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 524.6 m 497.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 524.6 m 501.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 524.6 m 561.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 202.5 511.6 m 255.5 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 511.6 m 259.5 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 511.6 m 319.5 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 511.6 m 376.5 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 511.6 m 380.5 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 511.6 m 440.5 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 511.6 m 497.5 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 511.6 m 501.5 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 511.6 m 561.5 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 202.5 482.6 m 255.5 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 482.6 m 319.5 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 482.6 m 376.5 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 482.6 m 440.5 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 482.6 m 497.5 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 482.6 m 561.5 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 202.5 424.6 m 255.5 424.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 202.5 410.6 m 255.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 202.5 408.6 m 255.5 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 424.6 m 376.5 424.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 410.6 m 376.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 408.6 m 376.5 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 424.6 m 497.5 424.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 410.6 m 497.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 408.6 m 497.5 408.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 325.55 528.83 Td (For) Tj ET Q q 0 0 0 rg BT 337.92 528.83 Td ( the ) Tj ET Q q 0 0 0 rg BT 352.36 528.83 Td (Y) Tj ET Q q 0 0 0 rg BT 357.54 528.83 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 425.47 528.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 252.50 515.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.50 515.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 494.50 515.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 217.00 486.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 233.38 486.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 272.75 502.83 Td (W) Tj ET Q q 0 0 0 rg BT 280.53 502.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 263.60 494.83 Td (A) Tj ET Q q 0 0 0 rg BT 269.08 494.83 Td (verage Grant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 262.15 486.83 Td (Date Fair) Tj ET Q q 0 0 0 rg BT 294.73 486.83 Td ( ) Tj ET Q q 0 0 0 rg BT 296.59 486.83 Td (V) Tj ET Q q 0 0 0 rg BT 301.92 486.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.00 486.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 354.38 486.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.75 502.83 Td (W) Tj ET Q q 0 0 0 rg BT 401.53 502.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 384.60 494.83 Td (A) Tj ET Q q 0 0 0 rg BT 390.08 494.83 Td (verage Grant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 383.15 486.83 Td (Date Fair) Tj ET Q q 0 0 0 rg BT 415.73 486.83 Td ( ) Tj ET Q q 0 0 0 rg BT 417.59 486.83 Td (V) Tj ET Q q 0 0 0 rg BT 422.92 486.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.00 486.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 475.38 486.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.75 502.83 Td (W) Tj ET Q q 0 0 0 rg BT 522.31 502.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 505.60 494.83 Td (A) Tj ET Q q 0 0 0 rg BT 510.78 494.83 Td (verage Grant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 504.15 486.83 Td (Date Fair) Tj ET Q q 0 0 0 rg BT 536.66 486.83 Td ( ) Tj ET Q q 0 0 0 rg BT 538.51 486.83 Td (V) Tj ET Q q 0 0 0 rg BT 543.56 486.83 Td (alue) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 205.70 473.85 Td (\(in thousands\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 326.70 473.85 Td (\(in thousands\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 447.70 473.85 Td (\(in thousands\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 459.27 Td (Nonvested, at beginning of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.50 459.17 Td (.......) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 241.65 459.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.00 459.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 305.65 459.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.65 459.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.00 459.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.65 459.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 459.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 459.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 459.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 444.27 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 444.17 Td (......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 246.65 444.28 Td (5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 293.15 444.28 Td (32.30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 444.27 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.15 444.27 Td (34.97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 444.27 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 444.27 Td (24.62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 429.27 Td (V) Tj ET Q q 0 0 0 rg BT 76.11 429.27 Td (ested) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 429.17 Td (........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 243.30 429.28 Td (\(5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 251.65 429.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 293.15 429.28 Td (32.30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.30 429.32 Td (\(4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.65 429.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.15 429.27 Td (34.97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.30 429.32 Td (\(5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 429.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 429.27 Td (24.62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 414.27 Td (Nonvested, at end of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.50 414.17 Td (.................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 241.65 414.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 305.65 414.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.65 414.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.65 414.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 414.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 414.27 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (The aggregate grant date fair value of restricted stock vested for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.68 389.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.39 389.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.39 389.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.39 389.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.83 389.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.83 389.10 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.38 389.10 Td ($0.1 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 377.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 356.10 Td (Restricted Stock Units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 338.10 Td (Restricted stock units \("RSUs"\) represent the right to receive shares of common stock \("share-settled RSUs"\) or the cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 326.10 Td (\("cash-settled RSUs"\) value of one share of common stock in the future, with the right to future delivery of the shares or cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 314.10 Td (subject to forfeiture or other restrictions that will lapse upon satisfaction of specified conditions. Share and cash-settled RSUs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 302.10 Td (are valued based on the fair value of the common stock at grant date and vest either ratably over a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.23 302.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.22 302.10 Td (-year period or clif) Tj ET Q q 0 0 0 rg BT 538.27 302.10 Td (f-vest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 290.10 Td (at the end of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.64 290.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.63 290.10 Td (-year period. Cash-settled RSUs are classified as liabilities and are remeasured at each reporting date until ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 278.10 Td (settlement.) Tj ET Q endstream endobj 243 0 obj <> endobj 244 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (121) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (The following tables summarize RSUs activity for the years ended October 31:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197 683.6 m 252 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252 683.6 m 256 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256 683.6 m 316 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316 683.6 m 320 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320 683.6 m 375 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 683.6 m 379 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379 683.6 m 439 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 683.6 m 443 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443 683.6 m 498 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 683.6 m 502 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 683.6 m 562 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197 670.6 m 252 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197 641.6 m 252 641.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252 670.6 m 256 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256 670.6 m 316 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256 641.6 m 316 641.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320 670.6 m 375 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320 641.6 m 375 641.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 670.6 m 379 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379 670.6 m 439 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379 641.6 m 439 641.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443 670.6 m 498 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443 641.6 m 498 641.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 670.6 m 502 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 670.6 m 562 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 641.6 m 562 641.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197 568.6 m 252 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197 554.6 m 252 554.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197 552.6 m 252 552.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320 568.6 m 375 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320 554.6 m 375 554.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320 552.6 m 375 552.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443 568.6 m 498 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443 554.6 m 498 554.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443 552.6 m 498 552.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197 534.6 m 252 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252 534.6 m 256 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256 534.6 m 316 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316 534.6 m 320 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320 534.6 m 375 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 534.6 m 379 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379 534.6 m 439 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 534.6 m 443 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443 534.6 m 498 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 534.6 m 502 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 534.6 m 562 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197 521.6 m 252 521.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197 492.6 m 252 492.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252 521.6 m 256 521.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256 521.6 m 316 521.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256 492.6 m 316 492.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320 521.6 m 375 521.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320 492.6 m 375 492.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 521.6 m 379 521.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379 521.6 m 439 521.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379 492.6 m 439 492.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443 521.6 m 498 521.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443 492.6 m 498 492.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 521.6 m 502 521.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 521.6 m 562 521.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 492.6 m 562 492.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197 419.6 m 252 419.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197 405.6 m 252 405.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197 403.6 m 252 403.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320 419.6 m 375 419.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320 405.6 m 375 405.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320 403.6 m 375 403.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443 419.6 m 498 419.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443 405.6 m 498 405.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443 403.6 m 498 403.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.40 687.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 361.78 687.83 Td (e-Settled RSUs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 248.00 674.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.00 674.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 494.00 674.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 212.50 645.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 228.88 645.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 269.25 661.83 Td (W) Tj ET Q q 0 0 0 rg BT 277.03 661.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 260.10 653.83 Td (A) Tj ET Q q 0 0 0 rg BT 265.58 653.83 Td (verage Grant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 258.65 645.83 Td (Date Fair) Tj ET Q q 0 0 0 rg BT 291.23 645.83 Td ( ) Tj ET Q q 0 0 0 rg BT 293.09 645.83 Td (V) Tj ET Q q 0 0 0 rg BT 298.42 645.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 335.50 645.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 351.88 645.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.25 661.83 Td (W) Tj ET Q q 0 0 0 rg BT 400.03 661.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 383.10 653.83 Td (A) Tj ET Q q 0 0 0 rg BT 388.58 653.83 Td (verage Grant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 381.65 645.83 Td (Date Fair) Tj ET Q q 0 0 0 rg BT 414.23 645.83 Td ( ) Tj ET Q q 0 0 0 rg BT 416.09 645.83 Td (V) Tj ET Q q 0 0 0 rg BT 421.42 645.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.50 645.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 474.88 645.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.25 661.83 Td (W) Tj ET Q q 0 0 0 rg BT 523.03 661.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.10 653.83 Td (A) Tj ET Q q 0 0 0 rg BT 511.58 653.83 Td (verage Grant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 504.65 645.83 Td (Date Fair) Tj ET Q q 0 0 0 rg BT 537.23 645.83 Td ( ) Tj ET Q q 0 0 0 rg BT 539.09 645.83 Td (V) Tj ET Q q 0 0 0 rg BT 544.42 645.83 Td (alue) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 201.20 632.85 Td (\(in thousands\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 324.20 632.85 Td (\(in thousands\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 447.20 632.85 Td (\(in thousands\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 618.27 Td (Nonvested, at beginning of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.00 618.17 Td (.....) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 233.15 618.28 Td (502) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 258.50 618.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.65 618.28 Td (25.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 618.27 Td (619) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.50 618.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 618.27 Td (15.04) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 618.27 Td (613) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.50 618.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 618.27 Td (8.74) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 603.27 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 603.17 Td (....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 233.15 603.28 Td (178) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.65 603.28 Td (34.93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 603.27 Td (168) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 603.27 Td (40.05) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 603.27 Td (210) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 603.27 Td (27.28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 588.27 Td (V) Tj ET Q q 0 0 0 rg BT 77.17 588.27 Td (ested) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.50 588.17 Td (......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 229.80 588.28 Td (\(194) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 248.15 588.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.65 588.28 Td (1) Tj ET Q q 0 0 0 rg BT 294.65 588.28 Td (1.84) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.80 588.32 Td (\(214) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.15 588.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 588.27 Td (9.59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.80 588.32 Td (\(204) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 588.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 588.27 Td (8.74) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 573.27 Td (Forfeited) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.50 573.17 Td (..................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 234.80 573.28 Td (\(10) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 248.15 573.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.65 573.28 Td (38.24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.80 573.32 Td (\(71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.15 573.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 573.27 Td (20.24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 573.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 573.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 558.27 Td (Nonvested, at end of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.00 558.17 Td (...............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 233.15 558.28 Td (476) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.65 558.28 Td (33.82) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 558.27 Td (502) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 558.27 Td (25.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 558.27 Td (619) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 558.27 Td (15.04) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.65 538.83 Td (Cash-Settled RSUs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 248.00 525.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.00 525.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 494.00 525.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 212.50 496.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 228.88 496.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 269.25 512.83 Td (W) Tj ET Q q 0 0 0 rg BT 277.03 512.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 260.10 504.83 Td (A) Tj ET Q q 0 0 0 rg BT 265.58 504.83 Td (verage Grant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 258.65 496.83 Td (Date Fair) Tj ET Q q 0 0 0 rg BT 291.23 496.83 Td ( ) Tj ET Q q 0 0 0 rg BT 293.09 496.83 Td (V) Tj ET Q q 0 0 0 rg BT 298.42 496.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 335.50 496.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 351.88 496.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.25 512.83 Td (W) Tj ET Q q 0 0 0 rg BT 400.03 512.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 383.10 504.83 Td (A) Tj ET Q q 0 0 0 rg BT 388.58 504.83 Td (verage Grant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 381.65 496.83 Td (Date Fair) Tj ET Q q 0 0 0 rg BT 414.23 496.83 Td ( ) Tj ET Q q 0 0 0 rg BT 416.09 496.83 Td (V) Tj ET Q q 0 0 0 rg BT 421.42 496.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.50 496.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 474.88 496.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.25 512.83 Td (W) Tj ET Q q 0 0 0 rg BT 522.81 512.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.10 504.83 Td (A) Tj ET Q q 0 0 0 rg BT 511.28 504.83 Td (verage Grant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 504.65 496.83 Td (Date Fair) Tj ET Q q 0 0 0 rg BT 537.16 496.83 Td ( ) Tj ET Q q 0 0 0 rg BT 539.01 496.83 Td (V) Tj ET Q q 0 0 0 rg BT 544.06 496.83 Td (alue) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 201.20 483.85 Td (\(in thousands\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 324.20 483.85 Td (\(in thousands\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 447.20 483.85 Td (\(in thousands\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 469.27 Td (Nonvested, at beginning of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.00 469.17 Td (.....) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 233.15 469.28 Td (428) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 258.50 469.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.65 469.28 Td (28.58) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 469.27 Td (587) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.50 469.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 469.27 Td (18.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 469.27 Td (817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.50 469.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 469.27 Td (13.95) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 454.27 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 454.17 Td (....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 233.15 454.28 Td (226) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.65 454.28 Td (34.97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 454.27 Td (187) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 454.27 Td (40.12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 454.27 Td (258) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 454.27 Td (27.48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 439.27 Td (V) Tj ET Q q 0 0 0 rg BT 77.17 439.27 Td (ested) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.50 439.17 Td (......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 229.80 439.28 Td (\(230) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 248.15 439.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.65 439.28 Td (22.89) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.80 439.32 Td (\(319) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.15 439.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 439.27 Td (16.42) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.80 439.32 Td (\(456) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 439.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 439.27 Td (15.92) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 424.27 Td (Forfeited) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.50 424.17 Td (..................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 234.80 424.28 Td (\(39) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 248.15 424.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.65 424.28 Td (34.99) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.80 424.32 Td (\(27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.15 424.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 424.27 Td (22.76) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.80 424.32 Td (\(32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 424.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 424.27 Td (20.17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 409.27 Td (Nonvested, at end of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.00 409.17 Td (...............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 233.15 409.28 Td (385) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.65 409.28 Td (35.07) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 409.27 Td (428) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 409.27 Td (28.58) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 409.27 Td (587) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 409.27 Td (18.02) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 387.10 Td (The aggregate grant date fair value of RSUs vested during the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.67 387.10 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.37 387.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.37 387.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.37 387.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.31 387.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.31 387.10 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.86 387.10 Td ($8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.25 387.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 375.10 Td ($7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.89 375.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.83 375.10 Td ($9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.22 375.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 206.88 375.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 354.10 Td (Performance-based Stock Options) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 336.10 Td (Performance-based stock options represent the right to receive shares of common stock in the future, with the right to future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 324.10 Td (delivery of the shares subject to forfeiture or other restrictions that will lapse upon satisfaction of a combination of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 312.10 Td (following conditions: service, market and performance conditions. Performance-based stock options have a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.59 312.10 Td (seven) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.36 312.10 Td (-year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 300.10 Td (contractual life. Performance-based stock options subject to service and performance conditions are valued using the Black-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 288.10 Td (Scholes option pricing model and clif) Tj ET Q q 0 0 0 rg BT 199.57 288.10 Td (f-vest at the end of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.98 288.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.96 288.10 Td (-year period if performance measures are met. Performance-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 276.10 Td (based stock options subject to service and market conditions are valued using a Monte Carlo simulation and clif) Tj ET Q q 0 0 0 rg BT 496.71 276.10 Td (f-vest at the end ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 264.10 Td (of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.27 264.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.25 264.10 Td (-year period if performance measures are met. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 246.10 Td (The following table summarizes the performance-based stock options subject to service and performance conditions activity:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 229.5 216.60000000000002 m 281.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 216.60000000000002 m 285.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 216.60000000000002 m 337.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 216.60000000000002 m 341.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 216.60000000000002 m 393.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 216.60000000000002 m 397.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 216.60000000000002 m 449.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 216.60000000000002 m 453.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 216.60000000000002 m 505.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 216.60000000000002 m 509.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 216.60000000000002 m 561.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 229.5 203.60000000000002 m 281.5 203.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 203.60000000000002 m 285.5 203.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 203.60000000000002 m 337.5 203.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 203.60000000000002 m 393.5 203.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 203.60000000000002 m 449.5 203.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 203.60000000000002 m 505.5 203.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 203.60000000000002 m 509.5 203.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 203.60000000000002 m 561.5 203.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 229.5 166.60000000000002 m 281.5 166.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 166.60000000000002 m 337.5 166.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 166.60000000000002 m 393.5 166.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 203.60000000000002 m 397.5 203.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 203.60000000000002 m 449.5 203.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 166.60000000000002 m 449.5 166.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 166.60000000000002 m 505.5 166.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 166.60000000000002 m 561.5 166.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 229.5 108.60000000000002 m 281.5 108.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 229.5 94.60000000000002 m 281.5 94.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 229.5 92.60000000000002 m 281.5 92.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 108.60000000000002 m 393.5 108.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 94.60000000000002 m 393.5 94.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 92.60000000000002 m 393.5 92.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 108.60000000000002 m 505.5 108.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 94.60000000000002 m 505.5 94.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 92.60000000000002 m 505.5 92.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.05 220.83 Td (For) Tj ET Q q 0 0 0 rg BT 351.42 220.83 Td ( the ) Tj ET Q q 0 0 0 rg BT 365.86 220.83 Td (Y) Tj ET Q q 0 0 0 rg BT 371.04 220.83 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 438.97 220.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 275.00 207.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.00 207.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 499.00 207.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 243.50 170.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 259.88 170.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.75 194.83 Td (W) Tj ET Q q 0 0 0 rg BT 302.53 194.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 297.05 186.83 Td (A) Tj ET Q q 0 0 0 rg BT 302.53 186.83 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 296.60 178.83 Td (Exer) Tj ET Q q 0 0 0 rg BT 312.97 178.83 Td (cise) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 302.10 170.83 Td (Price) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 355.50 170.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 371.88 170.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 406.75 194.83 Td (W) Tj ET Q q 0 0 0 rg BT 414.53 194.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.05 186.83 Td (A) Tj ET Q q 0 0 0 rg BT 414.53 186.83 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.60 178.83 Td (Exer) Tj ET Q q 0 0 0 rg BT 424.97 178.83 Td (cise) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.10 170.83 Td (Price) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.50 170.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 483.88 170.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.75 194.83 Td (W) Tj ET Q q 0 0 0 rg BT 526.31 194.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.05 186.83 Td (A) Tj ET Q q 0 0 0 rg BT 526.23 186.83 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.60 178.83 Td (Exer) Tj ET Q q 0 0 0 rg BT 536.89 178.83 Td (cise) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 526.10 170.83 Td (Price) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 232.20 157.85 Td (\(in thousands\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 344.20 157.85 Td (\(in thousands\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 456.20 157.85 Td (\(in thousands\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 143.27 Td (Options outstanding, at beginning of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.50 143.17 Td (...) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.65 143.28 Td (152) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 288.00 143.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.15 143.28 Td (27.59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.65 143.27 Td (599) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.00 143.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.15 143.27 Td (27.59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 143.27 Td (973) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.00 143.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 143.27 Td (30.47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 128.27 Td (Exercised) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.00 128.17 Td (..............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 264.30 128.28 Td (\(29) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 277.65 128.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.15 128.28 Td (27.23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.30 128.32 Td (\(13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.65 128.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.15 128.27 Td (27.67) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 128.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 128.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 113.27 Td (Forfeited) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.50 113.17 Td (...............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 267.65 113.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.65 113.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.30 113.32 Td (\(434) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.65 113.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.15 113.27 Td (27.59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.30 113.32 Td (\(374) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.65 113.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 113.27 Td (35.09) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 98.27 Td (Options outstanding, at end of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.50 98.17 Td (.............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.65 98.28 Td (123) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.15 98.28 Td (27.67) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.65 98.27 Td (152) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.15 98.27 Td (27.59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 98.27 Td (599) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 98.27 Td (27.59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 83.27 Td (Options exercisable, at end of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.00 83.17 Td (..............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.65 83.28 Td (123) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.15 83.28 Td (27.67) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.65 83.27 Td (152) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.15 83.27 Td (27.59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 83.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.00 83.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 83.27 Td () Tj ET Q BT /F1 10.00 Tf ET endstream endobj 245 0 obj <> endobj 246 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (122) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.10 Td (The following table summarizes the performance-based stock options subject to service and market conditions activity:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 229.5 683.6 m 281.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 683.6 m 285.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 683.6 m 337.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 683.6 m 341.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 683.6 m 393.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 683.6 m 397.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 683.6 m 449.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 683.6 m 453.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 683.6 m 505.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 683.6 m 509.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 683.6 m 561.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 229.5 670.6 m 281.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 670.6 m 285.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 670.6 m 337.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 670.6 m 393.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 670.6 m 397.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 670.6 m 449.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 670.6 m 505.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 670.6 m 509.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 670.6 m 561.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 229.5 633.6 m 281.5 633.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 633.6 m 337.5 633.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 633.6 m 393.5 633.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 670.6 m 397.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 670.6 m 449.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 633.6 m 449.5 633.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 633.6 m 505.5 633.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 633.6 m 561.5 633.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 229.5 575.6 m 281.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 229.5 561.6 m 281.5 561.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 229.5 559.6 m 281.5 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 575.6 m 393.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 561.6 m 393.5 561.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 559.6 m 393.5 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 575.6 m 505.5 575.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 561.6 m 505.5 561.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 559.6 m 505.5 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 229.5 546.6 m 281.5 546.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 229.5 544.6 m 281.5 544.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 546.6 m 393.5 546.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 544.6 m 393.5 544.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 546.6 m 505.5 546.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 544.6 m 505.5 544.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.05 687.83 Td (For) Tj ET Q q 0 0 0 rg BT 351.42 687.83 Td ( the ) Tj ET Q q 0 0 0 rg BT 365.86 687.83 Td (Y) Tj ET Q q 0 0 0 rg BT 371.04 687.83 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 438.97 687.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 275.00 674.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.00 674.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 499.00 674.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 243.50 637.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 259.88 637.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.75 661.83 Td (W) Tj ET Q q 0 0 0 rg BT 302.53 661.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 297.05 653.83 Td (A) Tj ET Q q 0 0 0 rg BT 302.53 653.83 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 296.60 645.83 Td (Exer) Tj ET Q q 0 0 0 rg BT 312.97 645.83 Td (cise) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 302.10 637.83 Td (Price) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 355.50 637.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 371.88 637.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 406.75 661.83 Td (W) Tj ET Q q 0 0 0 rg BT 414.53 661.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.05 653.83 Td (A) Tj ET Q q 0 0 0 rg BT 414.53 653.83 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.60 645.83 Td (Exer) Tj ET Q q 0 0 0 rg BT 424.97 645.83 Td (cise) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.10 637.83 Td (Price) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.50 637.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 483.88 637.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.75 661.83 Td (W) Tj ET Q q 0 0 0 rg BT 526.31 661.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.05 653.83 Td (A) Tj ET Q q 0 0 0 rg BT 526.23 653.83 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.60 645.83 Td (Exer) Tj ET Q q 0 0 0 rg BT 536.89 645.83 Td (cise) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 526.10 637.83 Td (Price) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 232.20 624.85 Td (\(in thousands\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 344.20 624.85 Td (\(in thousands\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 456.20 624.85 Td (\(in thousands\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 610.27 Td (Options outstanding, at beginning of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.50 610.17 Td (...) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.65 610.28 Td (387) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 288.00 610.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.15 610.28 Td (27.24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.65 610.27 Td (431) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.00 610.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.15 610.27 Td (27.24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 610.27 Td (567) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.00 610.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 610.27 Td (27.24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 595.27 Td (Exercised) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.00 595.17 Td (..............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 259.30 595.28 Td (\(186) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 277.65 595.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.15 595.28 Td (27.24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.30 595.32 Td (\(44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.65 595.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.15 595.27 Td (27.24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.30 595.32 Td (\(130) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.65 595.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 595.27 Td (27.24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 580.27 Td (Forfeited) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.50 580.17 Td (...............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 269.30 580.28 Td (\(1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 277.65 580.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.15 580.28 Td (27.24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.65 580.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.65 580.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.30 580.32 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.65 580.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 580.27 Td (27.24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 565.27 Td (Options outstanding, at end of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.50 565.17 Td (.............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.65 565.28 Td (200) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.15 565.28 Td (27.24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.65 565.27 Td (387) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.15 565.27 Td (27.24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 565.27 Td (431) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 565.27 Td (27.24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 550.27 Td (Options exercisable, at end of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.00 550.17 Td (..............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.65 550.28 Td (200) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.15 550.28 Td (27.24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.65 550.27 Td (387) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.15 550.27 Td (27.24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 550.27 Td (431) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 550.27 Td (27.24) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 528.10 Td (The total intrinsic value of performance-based stock options exercised was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.06 528.10 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.45 528.10 Td ( during each of the years ended October ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 516.10 Td (31, 2018 and October 31, 2017. ) Tj ET Q q 0 0 0 rg BT 178.46 516.10 Td (There was minimal intrinsic value for performance-based options exercised during the year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 504.10 Td (ended October 31, 2019.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 486.10 Td (Performance-based Stock Units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 468.10 Td (Performance-based stock units \("PUs"\) represent the right to receive one share of common stock \("share-settled PUs"\) or cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 456.10 Td (equal to the value of one share of common stock \("cash-settled PUs"\) in the future, with the right to future delivery of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 444.10 Td (shares or cash subject to forfeiture or other restrictions that will lapse upon satisfaction of a combination of the following ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 432.10 Td (conditions: service, market, and performance conditions. Share and cash-settled PUs subject to service and performance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 420.10 Td (conditions are valued based on the fair value of the common stock at grant date and vest either at the end of the performance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 408.10 Td (period or clif) Tj ET Q q 0 0 0 rg BT 101.52 408.10 Td (f-vest at the end of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.93 408.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.92 408.10 Td (-year period if performance measures are met. Cash-settled PUs subject to service and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 396.10 Td (market conditions are valued using a Monte Carlo simulation and clif) Tj ET Q q 0 0 0 rg BT 327.03 396.10 Td (f-vest at the end of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.44 396.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.42 396.10 Td (-year period if performance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 384.10 Td (measures are met. Cash-settled PUs are classified as liabilities and are remeasured at each reporting date until settlement. ) Tj ET Q q 0 0 0 rg BT 536.36 384.10 Td (There ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 372.10 Td (were no nonvested share-settled PUs subject to service and performance conditions outstanding for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.25 372.10 Td (October 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 360.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 360.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.50 360.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.50 360.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.44 360.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.44 360.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 342.10 Td (The following tables summarize cash-settled PUs activity for the years ended October 31:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230 312.6 m 282 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282 312.6 m 286 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286 312.6 m 338 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 312.6 m 342 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 312.6 m 394 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394 312.6 m 398 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 312.6 m 450 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450 312.6 m 454 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 312.6 m 506 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 312.6 m 510 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510 312.6 m 562 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230 299.6 m 282 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282 299.6 m 286 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286 299.6 m 338 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 299.6 m 394 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394 299.6 m 398 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 299.6 m 450 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 299.6 m 506 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 299.6 m 510 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510 299.6 m 562 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230 262.6 m 282 262.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286 299.6 m 338 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286 262.6 m 338 262.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 262.6 m 394 262.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 299.6 m 450 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 262.6 m 450 262.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 299.6 m 506 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 262.6 m 506 262.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 299.6 m 510 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510 299.6 m 562 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510 262.6 m 562 262.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230 189.60000000000002 m 282 189.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230 175.60000000000002 m 282 175.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230 173.60000000000002 m 282 173.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 189.60000000000002 m 394 189.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 175.60000000000002 m 394 175.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 173.60000000000002 m 394 173.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 189.60000000000002 m 506 189.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 175.60000000000002 m 506 175.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 173.60000000000002 m 506 173.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.50 316.83 Td (Cash-Settled PUs subject to Service and Performance Conditions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 275.50 303.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.50 303.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 499.50 303.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 244.00 266.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 260.38 266.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 295.25 290.83 Td (W) Tj ET Q q 0 0 0 rg BT 303.03 290.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 297.55 282.83 Td (A) Tj ET Q q 0 0 0 rg BT 303.03 282.83 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 292.05 274.83 Td (Grant Date) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 293.65 266.83 Td (Fair) Tj ET Q q 0 0 0 rg BT 308.24 266.83 Td ( ) Tj ET Q q 0 0 0 rg BT 310.09 266.83 Td (V) Tj ET Q q 0 0 0 rg BT 315.43 266.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.00 266.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 372.38 266.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.25 290.83 Td (W) Tj ET Q q 0 0 0 rg BT 415.03 290.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.55 282.83 Td (A) Tj ET Q q 0 0 0 rg BT 415.03 282.83 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.05 274.83 Td (Grant Date) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.65 266.83 Td (Fair) Tj ET Q q 0 0 0 rg BT 420.24 266.83 Td ( ) Tj ET Q q 0 0 0 rg BT 422.09 266.83 Td (V) Tj ET Q q 0 0 0 rg BT 427.43 266.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.00 266.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 484.38 266.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.25 290.83 Td (W) Tj ET Q q 0 0 0 rg BT 526.81 290.83 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.55 282.83 Td (A) Tj ET Q q 0 0 0 rg BT 526.73 282.83 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.05 274.83 Td (Grant Date) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.65 266.83 Td (Fair) Tj ET Q q 0 0 0 rg BT 532.17 266.83 Td ( ) Tj ET Q q 0 0 0 rg BT 534.02 266.83 Td (V) Tj ET Q q 0 0 0 rg BT 539.06 266.83 Td (alue) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 232.70 253.85 Td (\(in thousands\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 344.70 253.85 Td (\(in thousands\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 456.70 253.85 Td (\(in thousands\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 239.27 Td (Nonvested, at beginning of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.50 239.17 Td (..................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 268.15 239.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 288.50 239.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 324.15 239.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 239.27 Td (220) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.50 239.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 239.27 Td (27.59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.15 239.27 Td (379) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.50 239.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 239.27 Td (30.63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 224.27 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 224.17 Td (.................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 268.15 224.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 324.15 224.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 224.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 224.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 224.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 224.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 209.27 Td (V) Tj ET Q q 0 0 0 rg BT 76.17 209.27 Td (ested) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.50 209.17 Td (....................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 268.15 209.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 324.15 209.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.80 209.32 Td (\(121) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 209.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 209.27 Td (27.59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 209.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 209.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 194.27 Td (Forfeited) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.50 194.17 Td (................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 268.15 194.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 324.15 194.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.80 194.32 Td (\(99) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 194.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 194.27 Td (27.59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.80 194.32 Td (\(159) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 194.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 194.27 Td (34.86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 179.27 Td (Nonvested, at end of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 179.17 Td (.............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 268.15 179.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 324.15 179.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 179.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 179.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.15 179.27 Td (220) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 179.27 Td (27.59) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 247 0 obj <> endobj 248 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (123) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230 706.5 m 282 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282 706.5 m 286 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286 706.5 m 338 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 706.5 m 342 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 706.5 m 394 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394 706.5 m 398 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 706.5 m 450 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450 706.5 m 454 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 706.5 m 506 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 706.5 m 510 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510 706.5 m 562 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230 693.5 m 282 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282 693.5 m 286 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286 693.5 m 338 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 693.5 m 394 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394 693.5 m 398 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 693.5 m 450 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 693.5 m 506 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 693.5 m 510 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510 693.5 m 562 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230 656.5 m 282 656.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286 656.5 m 338 656.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 656.5 m 394 656.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 656.5 m 450 656.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 656.5 m 506 656.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510 656.5 m 562 656.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230 613.5 m 282 613.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230 599.5 m 282 599.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230 597.5 m 282 597.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 613.5 m 394 613.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 599.5 m 394 599.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 597.5 m 394 597.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 613.5 m 506 613.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 599.5 m 506 599.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 597.5 m 506 597.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.15 710.73 Td (Cash Settled PUs subject to Service and Market Conditions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 275.50 697.73 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.50 697.73 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 499.50 697.73 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 244.00 660.73 Td (Shar) Tj ET Q q 0 0 0 rg BT 260.38 660.73 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 295.25 684.73 Td (W) Tj ET Q q 0 0 0 rg BT 303.03 684.73 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 297.55 676.73 Td (A) Tj ET Q q 0 0 0 rg BT 303.03 676.73 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 292.05 668.73 Td (Grant Date) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 293.65 660.73 Td (Fair) Tj ET Q q 0 0 0 rg BT 308.24 660.73 Td ( ) Tj ET Q q 0 0 0 rg BT 310.09 660.73 Td (V) Tj ET Q q 0 0 0 rg BT 315.43 660.73 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.00 660.73 Td (Shar) Tj ET Q q 0 0 0 rg BT 372.38 660.73 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.25 684.73 Td (W) Tj ET Q q 0 0 0 rg BT 415.03 684.73 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.55 676.73 Td (A) Tj ET Q q 0 0 0 rg BT 415.03 676.73 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.05 668.73 Td (Grant Date) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.65 660.73 Td (Fair) Tj ET Q q 0 0 0 rg BT 420.24 660.73 Td ( ) Tj ET Q q 0 0 0 rg BT 422.09 660.73 Td (V) Tj ET Q q 0 0 0 rg BT 427.43 660.73 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.00 660.73 Td (Shar) Tj ET Q q 0 0 0 rg BT 484.38 660.73 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.25 684.73 Td (W) Tj ET Q q 0 0 0 rg BT 526.81 684.73 Td (eighted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.55 676.73 Td (A) Tj ET Q q 0 0 0 rg BT 526.73 676.73 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.05 668.73 Td (Grant Date) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.65 660.73 Td (Fair) Tj ET Q q 0 0 0 rg BT 532.17 660.73 Td ( ) Tj ET Q q 0 0 0 rg BT 534.02 660.73 Td (V) Tj ET Q q 0 0 0 rg BT 539.06 660.73 Td (alue) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 232.70 647.75 Td (\(in thousands\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 344.70 647.75 Td (\(in thousands\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 456.70 647.75 Td (\(in thousands\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 633.17 Td (Nonvested, at beginning of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.50 633.07 Td (..................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 268.15 633.18 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 288.50 633.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 324.15 633.18 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 633.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.50 633.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 633.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 633.17 Td (70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.50 633.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 633.17 Td (50.52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 618.17 Td (Forfeited) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.50 618.07 Td (................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 268.15 618.18 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 324.15 618.18 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 618.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 618.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.80 618.22 Td (\(70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 618.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 618.17 Td (50.52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 603.17 Td (Nonvested, at end of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 603.07 Td (.............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 268.15 603.18 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 324.15 603.18 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 603.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 603.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 603.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 603.17 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 578.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.69 578.00 Td (otal Share-Based Compensation Expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 560.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.91 560.00 Td (otal share-based compensation expense for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.70 560.00 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.41 560.00 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.41 560.00 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.41 560.00 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.35 560.00 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.35 560.00 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.90 560.00 Td ($17 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.29 560.00 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.29 560.00 Td ($17 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.68 560.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 548.00 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.44 548.00 Td ($25 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.83 548.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 165.49 548.00 Td (. ) Tj ET Q q 0 0 0 rg BT 170.31 548.00 Td (W) Tj ET Q q 0 0 0 rg BT 178.95 548.00 Td (e record share-based compensation expense on a straight-line basis over the required service ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 536.00 Td (period which is equal to the vesting period, beginning on the grant date. Share-based compensation expense is included in ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 524.00 Td (Selling, general and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.63 524.00 Td ( in the ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 256.13 524.00 Td (Consolidated Statements of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.06 524.00 Td (. ) Tj ET Q q 0 0 0 rg BT 417.51 524.00 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.96 524.00 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.66 524.00 Td (, there was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 512.00 Td ($12 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.89 512.00 Td ( of total unrecognized compensation expense related to non-vested share-based awards which is expected to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 500.00 Td (recognized over a weighted average period of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.94 500.00 Td (one year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.54 500.00 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 482.00 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 482.00 Td (e received cash of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.54 482.00 Td ($4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.93 482.00 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.93 482.00 Td ($8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.32 482.00 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.26 482.00 Td ($12 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.65 482.00 Td ( during the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.45 482.00 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.16 482.00 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.16 482.00 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.16 482.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.60 482.00 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 482.00 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 470.00 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 470.00 Td (, related to stock options exercised. ) Tj ET Q q 0 0 0 rg BT 240.27 470.00 Td (W) Tj ET Q q 0 0 0 rg BT 248.91 470.00 Td (e used cash of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.78 470.00 Td ($8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.17 470.00 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.17 470.00 Td ($13 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.56 470.00 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.50 470.00 Td ($13 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.89 470.00 Td ( during the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 458.00 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.21 458.00 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.21 458.00 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.21 458.00 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.15 458.00 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.15 458.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 238.81 458.00 Td (, to settle cash-settled RSUs. ) Tj ET Q q 0 0 0 rg BT 355.55 458.00 Td (W) Tj ET Q q 0 0 0 rg BT 364.19 458.00 Td (e did ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.41 458.00 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.41 458.00 Td (t realize any tax benefit from stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 446.00 Td (options exercised for fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.62 446.00 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.62 446.00 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.62 446.00 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.62 446.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.05 446.00 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.05 446.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 428.00 Td (19. Supplemental Cash Flow Information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.00 Td (The following table provides additional information about our ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 300.55 407.00 Td (Consolidated Statements of Cash Flows) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 407.00 Td (: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 374.5 m 453.5 374.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 374.5 m 457.5 374.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 374.5 m 507.5 374.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 374.5 m 511.5 374.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 374.5 m 561.5 374.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 361.5 m 453.5 361.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 361.5 m 507.5 361.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 361.5 m 561.5 361.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 361.5 m 453.5 361.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 361.5 m 507.5 361.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 361.5 m 561.5 361.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 319.5 m 453.5 319.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 306.5 m 453.5 306.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 304.5 m 453.5 304.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 319.5 m 507.5 319.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 306.5 m 507.5 306.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 304.5 m 507.5 304.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 319.5 m 561.5 319.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 306.5 m 561.5 306.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 304.5 m 561.5 304.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 249.5 m 453.5 249.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 236.5 m 453.5 236.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 234.5 m 453.5 234.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 249.5 m 507.5 249.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 236.5 m 507.5 236.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 234.5 m 507.5 234.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 249.5 m 561.5 249.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 236.5 m 561.5 236.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 234.5 m 561.5 234.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 137.5 m 453.5 137.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 124.5 m 453.5 124.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 122.5 m 453.5 122.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 137.5 m 507.5 137.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 124.5 m 507.5 124.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 122.5 m 507.5 122.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 137.5 m 561.5 137.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 124.5 m 561.5 124.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 122.5 m 561.5 122.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.05 378.73 Td (For) Tj ET Q q 0 0 0 rg BT 438.42 378.73 Td ( the ) Tj ET Q q 0 0 0 rg BT 452.86 378.73 Td (Y) Tj ET Q q 0 0 0 rg BT 458.04 378.73 Td (ears Ended October) Tj ET Q q 0 0 0 rg BT 525.97 378.73 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 365.73 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 420.00 365.73 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.00 365.73 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.00 365.73 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 352.18 Td (Equity in income of affiliated companies, net of dividends) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.00 352.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 352.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 352.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 338.07 Td (Equity in income of non-consolidated af) Tj ET Q q 0 0 0 rg BT 231.26 338.07 Td (filiates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.00 338.07 Td (........................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.00 338.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.30 338.23 Td (\(4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.65 338.18 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 338.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 338.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 338.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.30 338.12 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 338.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 324.07 Td (Dividends from non-consolidated af) Tj ET Q q 0 0 0 rg BT 214.60 324.07 Td (filiates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.50 324.07 Td (...............................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.65 324.18 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 324.07 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 324.07 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.00 310.07 Td (Equity in income of non-consolidated af) Tj ET Q q 0 0 0 rg BT 249.26 310.07 Td (filiates, net of dividends) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.50 310.07 Td (.....................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.00 310.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.30 310.23 Td (\(2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.65 310.18 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 310.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 310.07 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 310.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 310.07 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 296.18 Td (Other) Tj ET Q q 0 0 0 rg BT 77.46 296.18 Td ( non-cash operating activities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.00 296.18 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 296.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 296.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 282.07 Td (Gain on sale of property and equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.00 282.07 Td (....................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.00 282.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.30 282.23 Td (\(1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.65 282.18 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 282.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 282.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 282.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.30 282.12 Td (\(9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 282.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 268.07 Td (Loss on sale and impairment of repossessed collateral) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.50 268.07 Td (.............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.65 268.18 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 268.07 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 268.07 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 254.07 Td (Income from non-cash leases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.50 254.07 Td (.....................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.30 254.23 Td (\(1) Tj ET Q q 0 0 0 rg BT 444.63 254.23 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.65 254.18 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.30 254.12 Td (\(24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.65 254.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 254.12 Td (\(26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 254.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.00 240.07 Td (Other non-cash operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.00 240.07 Td (....................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.00 240.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.30 240.23 Td (\(9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.65 240.18 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 240.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.30 240.12 Td (\(23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.65 240.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 240.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 240.12 Td (\(28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 240.07 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 226.18 Td (Changes in other) Tj ET Q q 0 0 0 rg BT 124.69 226.18 Td ( assets and liabilities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.00 226.18 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 226.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 226.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 212.07 Td (Other current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.00 212.07 Td (....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.00 212.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.30 212.23 Td (\(38) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.65 212.18 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 212.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.30 212.12 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.65 212.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 212.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 212.12 Td (\(19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 212.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 198.07 Td (Other noncurrent assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.00 198.07 Td (..............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.30 198.23 Td (\(12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.65 198.18 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.30 198.12 Td (\(19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.65 198.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 198.12 Td (\(38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 198.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 184.07 Td (Other current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.00 184.07 Td (..............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.65 184.18 Td (1) Tj ET Q q 0 0 0 rg BT 439.65 184.18 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 184.07 Td (1) Tj ET Q q 0 0 0 rg BT 493.65 184.07 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 184.12 Td (\(35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 184.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 170.07 Td (Postretirement benefits liabilities, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.00 170.07 Td (........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.65 170.18 Td (54) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.30 170.12 Td (\(131) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.65 170.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 170.12 Td (\(65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 170.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 156.07 Td (Other noncurrent liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.00 156.07 Td (........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.30 156.23 Td (\(21) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.65 156.18 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 156.07 Td (58) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 156.12 Td (\(62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 156.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 142.07 Td (Other) Tj ET Q q 0 0 0 rg BT 92.57 142.07 Td (, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.00 142.07 Td (....................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.65 142.18 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 142.07 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.30 142.12 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 142.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.00 128.07 Td (Changes in other assets and liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.00 128.07 Td (................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.00 128.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.65 128.18 Td (101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 128.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 128.07 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 128.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 128.12 Td (\(226) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 128.07 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 114.18 Td (Cash paid during the year) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.00 114.18 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 114.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 114.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 100.07 Td (Interest, net of amounts capitalized) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.50 100.07 Td (...........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.00 100.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.65 100.18 Td (287) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 100.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 100.07 Td (306) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 100.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 100.07 Td (294) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 86.07 Td (Income taxes, net of refunds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.00 86.07 Td (......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.65 86.18 Td (47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 86.07 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 86.07 Td (19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 72.18 Td (Non-cash investing and financing activities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.00 72.18 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 72.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 72.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 57.17 Td (T) Tj ET Q q 0 0 0 rg BT 75.76 57.17 Td (ransfers to inventories from property and equipment for leases to others) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.50 57.07 Td (...............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.30 57.23 Td (\(15) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.65 57.18 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.30 57.22 Td (\(9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.65 57.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.30 57.22 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 57.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 249 0 obj <> endobj 250 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.55 748.75 Td (Navistar) Tj ET Q q 0 0 0 rg BT 230.03 748.75 Td ( International Corporation and Subsidiaries) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.35 731.35 Td (Notes to Consolidated Financial Statements\(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (124) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (20.Selected Quarterly Financial Data \(Unaudited\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.25 Td (The following tables provide our) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 181.14 695.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.64 695.25 Td (quarterly condensed consolidated statements of operations and financial data:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359 663.75 m 407 663.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 663.75 m 411 663.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 663.75 m 459 663.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 663.75 m 511 663.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 663.75 m 515 663.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515 663.75 m 563 663.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359 663.75 m 407 663.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359 650.75 m 407 650.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 663.75 m 411 663.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 663.75 m 459 663.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 650.75 m 459 650.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 663.75 m 511 663.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 650.75 m 511 650.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 663.75 m 515 663.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515 663.75 m 563 663.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515 650.75 m 563 650.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359 650.75 m 407 650.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 650.75 m 459 650.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 650.75 m 511 650.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515 650.75 m 563 650.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359 624.75 m 407 624.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 624.75 m 459 624.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 624.75 m 511 624.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515 624.75 m 563 624.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.20 675.98 Td (First Quarter) Tj ET Q q 0 0 0 rg BT 419.48 675.98 Td ( Ended ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.25 667.98 Td (January 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.20 675.98 Td (Second Quarter) Tj ET Q q 0 0 0 rg BT 527.49 675.98 Td ( Ended ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 497.35 667.98 Td (April 30, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 654.98 Td (\(in millions, except for) Tj ET Q q 0 0 0 rg BT 128.79 654.98 Td ( per) Tj ET Q q 0 0 0 rg BT 142.20 654.98 Td ( shar) Tj ET Q q 0 0 0 rg BT 159.16 654.98 Td (e data and stock prices\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.50 654.98 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.50 654.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 478.50 654.98 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.50 654.98 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 641.32 Td (Sales and revenues, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.00 641.32 Td (...................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 361.50 641.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.65 641.48 Td (2,433) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.50 641.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.65 641.32 Td (1,905) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.50 641.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 641.48 Td (2,996) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.50 641.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 641.32 Td (2,422) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 628.32 Td (Manufacturing gross mar) Tj ET Q q 0 0 0 rg BT 153.40 628.32 Td (gin) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 166.18 632.85 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.50 628.32 Td (........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 628.48 Td (407) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 628.32 Td (335) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 492.15 628.48 Td (455) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 628.32 Td (395) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 615.48 Td (Net income \(loss\) attributable to Navistar) Tj ET Q q 0 0 0 rg BT 228.68 615.48 Td ( International Corporation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.50 615.32 Td (....) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 361.50 615.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 393.15 615.48 Td (1) Tj ET Q q 0 0 0 rg BT 398.15 615.48 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.50 615.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.80 615.37 Td (\(73) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 615.32 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.50 615.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.80 615.53 Td (\(48) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 507.15 615.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.50 615.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 615.32 Td (55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 586.42 Td (Earnings \(loss\) per share attributable to Navistar International Corporation:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 572.32 Td (Basic) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 98.72 576.85 Td (\(B\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 572.32 Td (...................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 361.50 572.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.65 572.48 Td (0.1) Tj ET Q q 0 0 0 rg BT 398.15 572.48 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.50 572.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.30 572.37 Td (\(0.74) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 572.32 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.50 572.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.30 572.53 Td (\(0.48) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 507.15 572.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.50 572.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 572.32 Td (0.56) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 559.32 Td (Diluted) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 106.50 563.85 Td (\(B\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.50 559.32 Td (................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 361.50 559.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.65 559.48 Td (0.1) Tj ET Q q 0 0 0 rg BT 398.15 559.48 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.50 559.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.30 559.37 Td (\(0.74) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 559.32 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.50 559.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.30 559.53 Td (\(0.48) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 507.15 559.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.50 559.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 559.32 Td (0.55) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359 524.75 m 407 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 524.75 m 411 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 524.75 m 459 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 524.75 m 511 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 524.75 m 515 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515 524.75 m 563 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359 511.75 m 407 511.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 511.75 m 459 511.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 511.75 m 511 511.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515 511.75 m 563 511.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359 511.75 m 407 511.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 511.75 m 459 511.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 511.75 m 511 511.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515 511.75 m 563 511.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359 485.75 m 407 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 485.75 m 459 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 485.75 m 511 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515 485.75 m 563 485.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.45 536.98 Td (Third Quarter) Tj ET Q q 0 0 0 rg BT 421.30 536.98 Td ( Ended ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.15 528.98 Td (July 31, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.45 536.98 Td (Fourth Quarter) Tj ET Q q 0 0 0 rg BT 527.29 536.98 Td ( Ended ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 492.55 528.98 Td (October) Tj ET Q q 0 0 0 rg BT 520.39 528.98 Td ( 31, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 515.98 Td (\(in millions, except for) Tj ET Q q 0 0 0 rg BT 128.79 515.98 Td ( per) Tj ET Q q 0 0 0 rg BT 142.20 515.98 Td ( shar) Tj ET Q q 0 0 0 rg BT 159.16 515.98 Td (e data and stock prices\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.50 515.98 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.50 515.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 478.50 515.98 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.50 515.98 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 502.32 Td (Sales and revenues, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.00 502.32 Td (...................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 361.50 502.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.65 502.48 Td (3,042) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.50 502.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.65 502.32 Td (2,606) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.50 502.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 502.48 Td (2,780) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.50 502.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 502.32 Td (3,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 489.32 Td (Manufacturing gross mar) Tj ET Q q 0 0 0 rg BT 153.40 489.32 Td (gin) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 166.18 493.85 Td (\(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.50 489.32 Td (........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 489.48 Td (495) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 489.32 Td (470) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 492.15 489.48 Td (459) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 489.32 Td (573) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 476.48 Td (Net income attributable to Navistar) Tj ET Q q 0 0 0 rg BT 203.96 476.48 Td ( International Corporation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.50 476.32 Td (..............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 361.50 476.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 476.48 Td (156) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.50 476.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 476.32 Td (170) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.50 476.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 492.15 476.48 Td (102) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.50 476.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 476.32 Td (188) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 447.42 Td (Earnings per share attributable to Navistar International Corporation:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.50 447.32 Td (..........) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 433.32 Td (Basic) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 98.72 437.85 Td (\(B\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 433.32 Td (...................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 361.50 433.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.65 433.48 Td (1.57) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.50 433.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 433.32 Td (1.72) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.50 433.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.65 433.48 Td (1.03) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.50 433.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 433.32 Td (1.90) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 420.32 Td (Diluted) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 106.50 424.85 Td (\(B\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.50 420.32 Td (................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 361.50 420.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.65 420.48 Td (1.56) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.50 420.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 420.32 Td (1.71) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.50 420.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.65 420.48 Td (1.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.50 420.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 420.32 Td (1.89) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 407.65 Td (_______________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 395.05 Td (\(A\) Manufacturing gross mar) Tj ET Q q 0 0 0 rg BT 149.33 395.05 Td (gin is calculated by subtracting ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 250.86 395.05 Td (Costs of pr) Tj ET Q q 0 0 0 rg BT 285.68 395.05 Td (oducts sold) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 321.90 395.05 Td ( from ) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 341.45 395.05 Td (Sales of manufactur) Tj ET Q q 0 0 0 rg BT 405.15 395.05 Td (ed pr) Tj ET Q q 0 0 0 rg BT 421.52 395.05 Td (oducts, net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 456.18 395.05 Td (. ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 382.45 Td (\(B\) ) Tj ET Q q 0 0 0 rg BT 67.50 382.45 Td (Earnings per share in each quarter is computed using the weighted-average number of shares outstanding during that quarter while earnings per share for ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 372.85 Td (the full year is computed using the weighted-average number of shares outstanding during the year) Tj ET Q q 0 0 0 rg BT 383.41 372.85 Td (. ) Tj ET Q q 0 0 0 rg BT 387.26 372.85 Td (Thus, the sum of the four quarters earnings per share ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 363.25 Td (may not equal the full year earnings per share.) Tj ET Q endstream endobj 251 0 obj <> endobj 252 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (125) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.50 731.25 Td (Item9.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.49 731.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 97.50 731.25 Td (Changes in and Disagreements with ) Tj ET Q q 0 0 0 rg BT 248.55 731.25 Td (Accountants on ) Tj ET Q q 0 0 0 rg BT 315.42 731.25 Td (Accounting and Financial Disclosure ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (None.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 695.25 Td (Item9A.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.71 695.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 103.50 695.25 Td (Controls and Procedures) Tj ET Q BT /F4 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 206.29 695.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 677.25 Td (\(a\) Evaluation of Disclosure Controls and Procedures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.25 Td (Disclosure controls and procedures \(as defined in Rules 13a-15\(e\) and 15d-15\(e\) under the Exchange ) Tj ET Q q 0 0 0 rg BT 456.58 659.25 Td (Act\) are designed to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.25 Td (ensure that information required to be disclosed in reports filed or submitted under the Exchange ) Tj ET Q q 0 0 0 rg BT 438.56 647.25 Td (Act is recorded, processed, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 635.25 Td (summarized, and reported within the time periods specified in the SEC rules and forms, and that such information is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.25 Td (accumulated and communicated to management, including our Chief Executive Of) Tj ET Q q 0 0 0 rg BT 380.87 623.25 Td (ficer and Chief Financial Of) Tj ET Q q 0 0 0 rg BT 493.43 623.25 Td (ficer) Tj ET Q q 0 0 0 rg BT 511.34 623.25 Td (, to allow ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.25 Td (timely decisions regarding required disclosures.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.25 Td (In connection with the preparation of this report, management, under the supervision and with the participation of the Chief ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.25 Td (Executive Of) Tj ET Q q 0 0 0 rg BT 102.35 581.25 Td (ficer and Chief Financial Of) Tj ET Q q 0 0 0 rg BT 214.91 581.25 Td (ficer) Tj ET Q q 0 0 0 rg BT 232.82 581.25 Td (, conducted an evaluation of the ef) Tj ET Q q 0 0 0 rg BT 370.64 581.25 Td (fectiveness of the design and operation of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.25 Td (disclosure controls and procedures as of October31, 2019. Based on that evaluation, our Chief Executive Of) Tj ET Q q 0 0 0 rg BT 483.92 569.25 Td (ficer and Chief ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.25 Td (Financial Of) Tj ET Q q 0 0 0 rg BT 99.58 557.25 Td (ficer have concluded that, as of October31, 2019, our disclosure controls and procedures were ef) Tj ET Q q 0 0 0 rg BT 488.15 557.25 Td (fective.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 539.25 Td ( \(b\) Changes in Internal Control over Financial Reporting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.25 Td (There were no material changes in our internal control over financial reporting identified in connection with the evaluation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.25 Td (required by Rules 13a-15 and 15d-15 under the Exchange ) Tj ET Q q 0 0 0 rg BT 282.49 509.25 Td (Act that occurred during the quarter ended October31, 2019 that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.25 Td (have materially af) Tj ET Q q 0 0 0 rg BT 121.50 497.25 Td (fected, or are reasonably likely to materially af) Tj ET Q q 0 0 0 rg BT 308.46 497.25 Td (fect, our internal control over financial reporting. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 479.25 Td (\(c\) Management's Report on Internal Control over Financial Reporting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.25 Td (Management is responsible for establishing and maintaining adequate internal control over financial reporting as defined in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.25 Td (Rules 13a-15\(f\) and 15d-15\(f\) under the Exchange ) Tj ET Q q 0 0 0 rg BT 254.15 449.25 Td (Act. Internal control over financial reporting is a process designed by) Tj ET Q q 0 0 0 rg BT 530.91 449.25 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.25 Td (under the supervision of, our Chief Executive Of) Tj ET Q q 0 0 0 rg BT 244.82 437.25 Td (ficer and Chief Financial Of) Tj ET Q q 0 0 0 rg BT 357.38 437.25 Td (ficer and ef) Tj ET Q q 0 0 0 rg BT 402.72 437.25 Td (fected by management and our Board ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.25 Td (of Directors to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.25 Td (statements for external purposes in accordance with GAAP) Tj ET Q q 0 0 0 rg BT 285.26 413.25 Td (. Internal control over financial reporting includes those policies and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 401.25 Td (procedures that:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 383.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 383.25 Td (Pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 371.25 Td (dispositions of assets of the Company) Tj ET Q q 0 0 0 rg BT 218.23 371.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 353.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 353.25 Td (Provide reasonable assurance that transactions are recorded as necessary to permit preparation of consolidated financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 341.25 Td (statements in accordance with GAAP) Tj ET Q q 0 0 0 rg BT 217.08 341.25 Td ( and that receipts and expenditures of the Company are being made in accordance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 329.25 Td (with authorization of our management and our Board of Directors. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 311.25 Td (Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 299.25 Td (our assets that could have a material ef) Tj ET Q q 0 0 0 rg BT 222.53 299.25 Td (fect on our consolidated financial statements. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 281.25 Td (Because of its inherent limitations, internal control over financial reporting may not prevent or detect all misstatements. ) Tj ET Q q 0 0 0 rg BT 530.19 281.25 Td (Also, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.25 Td (projections of any evaluation of the ef) Tj ET Q q 0 0 0 rg BT 201.49 269.25 Td (fectiveness of our internal control over financial reporting to future periods are subject to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.25 Td (the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.25 Td (policies or procedures may deteriorate.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 227.25 Td (Management, with the participation of our Chief Executive Of) Tj ET Q q 0 0 0 rg BT 298.96 227.25 Td (ficer and Chief Financial Of) Tj ET Q q 0 0 0 rg BT 411.52 227.25 Td (ficer) Tj ET Q q 0 0 0 rg BT 429.43 227.25 Td (, conducted an evaluation of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 215.25 Td (ef) Tj ET Q q 0 0 0 rg BT 57.09 215.25 Td (fectiveness of the internal control over financial reporting as of October31, 2019 using the criteria set forth by the Internal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.25 Td (Control Integrated Framework \(2013\) issued by the Committee of Sponsoring Or) Tj ET Q q 0 0 0 rg BT 374.27 203.25 Td (ganizations of the ) Tj ET Q q 0 0 0 rg BT 447.67 203.25 Td (T) Tj ET Q q 0 0 0 rg BT 453.43 203.25 Td (readway Commission ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.25 Td (\(COSO\). ) Tj ET Q q 0 0 0 rg BT 87.28 191.25 Td (As a result of that evaluation, management concluded that our internal control over financial reporting was ef) Tj ET Q q 0 0 0 rg BT 524.45 191.25 Td (fective as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.25 Td (of October31, 2019.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 161.25 Td (Our independent registered public accounting firm, KPMG LLP) Tj ET Q q 0 0 0 rg BT 305.00 161.25 Td (, has audited the Company's consolidated financial statements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 149.25 Td (and the ef) Tj ET Q q 0 0 0 rg BT 88.74 149.25 Td (fectiveness of the Company's internal control over financial reporting as of October31, 2019. ) Tj ET Q q 0 0 0 rg BT 465.25 149.25 Td (Their reports appear in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.25 Td (this ) Tj ET Q q 0 0 0 rg BT 65.90 137.25 Td (Annual Report on Form 10-K.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.50 113.25 Td (Item9B.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.16 113.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 104.50 113.25 Td (Other Information) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 92.25 Td (None.) Tj ET Q endstream endobj 253 0 obj <> endobj 254 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (126) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 285.90 731.25 Td (P) Tj ET Q q 0 0 0 rg BT 291.27 731.25 Td (AR) Tj ET Q q 0 0 0 rg BT 305.36 731.25 Td (T) Tj ET Q q 0 0 0 rg BT 311.85 731.25 Td ( III) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.50 710.25 Td (Item10.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.49 710.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 104.50 710.25 Td (Directors, Executive Of) Tj ET Q q 0 0 0 rg BT 201.24 710.25 Td (ficers, and Corporate Governance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 693.75 Td (A) Tj ET Q q 0 0 0 rg BT 56.17 693.75 Td ( list of our executive of) Tj ET Q q 0 0 0 rg BT 149.02 693.75 Td (ficers and their respective biographical information appears in Part I, Item1 of this report. Information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 681.75 Td (about our directors may be found under the caption ") Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 261.02 681.75 Td (Pr) Tj ET Q q 0 0 0 rg BT 270.65 681.75 Td (oposal 1-Election of Dir) Tj ET Q q 0 0 0 rg BT 367.77 681.75 Td (ectors) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.21 681.75 Td (" in our proxy statement for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.42 681.75 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.42 681.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 669.75 Td (annual meeting of stockholders scheduled to be held on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.16 669.75 Td (February25, 2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.76 669.75 Td ( \(the "Proxy Statement"\). Information about our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 657.75 Td (Audit Committee may be found under the captions ") Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 259.09 657.75 Td (Boar) Tj ET Q q 0 0 0 rg BT 278.72 657.75 Td (d Committees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.44 657.75 Td (" and ") Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 361.04 657.75 Td (Report of the ) Tj ET Q q 0 0 0 rg BT 415.57 657.75 Td (Audit Committee) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.06 657.75 Td (" in the Proxy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 645.75 Td (Statement. Information about the procedures by which security holders may recommend nominees to our Board of Directors ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 633.75 Td (may be found under the caption ") Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 182.99 633.75 Td (Shar) Tj ET Q q 0 0 0 rg BT 201.51 633.75 Td (eholder Nominations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.67 633.75 Td (" in the Proxy Statement. ) Tj ET Q q 0 0 0 rg BT 388.45 633.75 Td (That information is incorporated herein by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 621.75 Td (reference. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 605.25 Td (The information in the Proxy Statement set forth under the captions ") Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 326.58 605.25 Td (Delinquent Section 16\(a\) Reports" ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.41 605.25 Td (and ") Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 488.43 605.25 Td (Code of Conduct) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.20 605.25 Td (" ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.25 Td (is incorporated herein by reference. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.50 567.75 Td (Item1) Tj ET Q q 0 0 0 rg BT 75.44 567.75 Td (1.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.94 567.75 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 104.50 567.75 Td (Executive Compensation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.25 Td (The information in the Proxy Statement set forth under the caption ") Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 322.68 551.25 Td (Executive) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.54 551.25 Td ( ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 364.04 551.25 Td (Compensation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.82 551.25 Td (" is incorporated herein by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.25 Td (reference. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.50 513.75 Td (Item12.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.49 513.75 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 104.50 513.75 Td (Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.25 Td (The information in the Proxy Statement set forth under the captions ") Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 326.58 497.25 Td (Persons Owning Mor) Tj ET Q q 0 0 0 rg BT 412.32 497.25 Td (e Than Five Per) Tj ET Q q 0 0 0 rg BT 476.65 497.25 Td (cent of Company ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 485.25 Td (Common Stock) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.77 485.25 Td (," ") Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 122.93 485.25 Td (Company Common Stock Owned by Executive Officers and Dir) Tj ET Q q 0 0 0 rg BT 376.39 485.25 Td (ectors) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.83 485.25 Td (," and ") Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 430.94 485.25 Td (Equity Compensation Plan ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 473.25 Td (Information) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.28 473.25 Td (" is incorporated herein by reference. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.50 447.75 Td (Item13.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.49 447.75 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 104.50 447.75 Td (Certain Relationships and Related T) Tj ET Q q 0 0 0 rg BT 254.15 447.75 Td (ransactions, and Director Independence ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 431.25 Td (The information set forth in the Proxy Statement under the captions ") Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 326.58 431.25 Td (T) Tj ET Q q 0 0 0 rg BT 331.58 431.25 Td (ransactions with Related Persons) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.75 431.25 Td (" and ") Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 493.35 431.25 Td (Boar) Tj ET Q q 0 0 0 rg BT 512.98 431.25 Td (d ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 419.25 Td (Independence) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.02 419.25 Td (" is incorporated herein by reference. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.50 393.75 Td (Item14.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.49 393.75 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 104.50 393.75 Td (Principal ) Tj ET Q q 0 0 0 rg BT 144.96 393.75 Td (Accounting Fees and Services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.25 Td (Information concerning principal accountant fees and services appears in the Proxy Statement under the heading ") Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 505.92 377.25 Td (Fees of ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 49.50 365.25 Td (Independent Register) Tj ET Q q 0 0 0 rg BT 134.38 365.25 Td (ed Public ) Tj ET Q q 0 0 0 rg BT 174.74 365.25 Td (Accounting Firm) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.78 365.25 Td (" and is incorporated herein by reference. ) Tj ET Q endstream endobj 255 0 obj <><><>] /Rotate 0 /Contents 256 0 R>> endobj 256 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (127) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 286.30 731.25 Td (P) Tj ET Q q 0 0 0 rg BT 291.67 731.25 Td (AR) Tj ET Q q 0 0 0 rg BT 305.76 731.25 Td (T) Tj ET Q q 0 0 0 rg BT 312.25 731.25 Td ( IV) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 707.85 Td (Item 15. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 103.50 707.85 Td (Exhibits and Financial Statement Schedules) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 686.85 Td (Financial Statements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.85 Td (See Item 8) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 102.26 665.85 Td (Financial Statements and Supplementary Data) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 644.85 Td (Financial statement schedules ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.01 644.85 Td (are omitted because of the absence of the conditions under which they are required or because ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 632.85 Td (information called for is shown in the consolidated financial statements and notes thereto.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 408.57 632.85 Td ( ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 607.35 m 107 607.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 111 607.35 m 508 607.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 607.35 m 562 607.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 111 607.35 m 508 607.35 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 63.20 611.58 Td (Exhibit:) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 113.50 611.58 Td (Description) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.25 611.58 Td (Page) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 597.92 Td (\(2.1\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 113.5 596.5833984375 m 491.0341796875 596.5833984375 l s q 0 0 1 rg BT 113.50 597.92 Td (Recapitalization ) Tj ET Q q 0 0 1 rg BT 180.42 597.92 Td (Agreement, by and among Navistar) Tj ET Q q 0 0 1 rg BT 322.47 597.92 Td (, Inc., Navistar International Corporation, ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 113.5 586.5833984375 m 504.1201171875 586.5833984375 l s q 0 0 1 rg BT 113.50 587.92 Td (ND Holdings LLC, ND Intermediate, LLC, Navistar Defense LLC and Olive Investor) Tj ET Q q 0 0 1 rg BT 456.90 587.92 Td (, L.P) Tj ET Q q 0 0 1 rg BT 474.96 587.92 Td (. dated ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 113.5 576.5833984375 m 501.2001953125 576.5833984375 l s q 0 0 1 rg BT 113.50 577.92 Td (as of November 30, 2018*. Filed as Exhibit 2.1 to Current Report on Form 8-K dated December ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 113.5 566.5833984375 m 404.037109375 566.5833984375 l s q 0 0 1 rg BT 113.50 567.92 Td (31, 2018 and filed on January 7, 2019. Commission File No. 001-09618.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.50 567.02 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 552.92 Td (\(2.2\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 113.5 551.5833984375 m 477.4306640625 551.5833984375 l s q 0 0 1 rg BT 113.50 552.92 Td (Amendment No. 1 to Recapitalization ) Tj ET Q q 0 0 1 rg BT 267.35 552.92 Td (Agreement by and between Navistar) Tj ET Q q 0 0 1 rg BT 413.01 552.92 Td (, Inc. and Olive ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 113.5 541.5833984375 m 506.9228515625 541.5833984375 l s q 0 0 1 rg BT 113.50 542.92 Td (Investor) Tj ET Q q 0 0 1 rg BT 145.87 542.92 Td (, L.P) Tj ET Q q 0 0 1 rg BT 163.93 542.92 Td (. dated as of December 31, 2018. Filed as Exhibit 2.2 to Current Report on Form 8-K ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 113.5 531.5833984375 m 471.7763671875 531.5833984375 l s q 0 0 1 rg BT 113.50 532.92 Td (dated December 31, 2018 and filed on January 7, 2019. Commission File No. 001-09618.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.50 531.02 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 516.92 Td (\(3\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 113.50 516.92 Td (Articles of Incorporation and By-Laws) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.50 516.92 Td (..............................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.50 516.92 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 502.92 Td (\(4\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 113.50 502.92 Td (Instruments Defining Rights of Security Holders, including Indentures) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.00 502.92 Td (...........................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.50 502.92 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 488.92 Td (\(10\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 113.50 488.92 Td (Material Contracts) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.50 488.92 Td (..............................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.50 488.92 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 474.92 Td (\(1) Tj ET Q q 0 0 0 rg BT 60.64 474.92 Td (1\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 113.50 474.92 Td (Computation of Earnings Per Share \(incorporated by reference from Note 17. Earnings Per Share ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 1 rg BT 113.50 464.92 Td (Attributable to Navistar International Corporation, to the accompanying consolidated financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 1 rg BT 113.50 454.92 Td (statements\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.50 454.92 Td (..........................................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.50 454.02 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 439.92 Td (\(21\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 113.50 439.92 Td (Subsidiaries of the Registrant) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.00 439.92 Td (.............................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.50 439.92 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 425.92 Td (\(23.1\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 113.50 425.92 Td (Consent of Independent Registered Public ) Tj ET Q q 0 0 1 rg BT 284.30 425.92 Td (Accounting Firm) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.50 425.92 Td (............................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.50 425.92 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 411.92 Td (\(24\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 113.50 411.92 Td (Power of ) Tj ET Q q 0 0 1 rg BT 151.83 411.92 Td (Attorney) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.50 411.92 Td (..............................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.50 411.92 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 397.92 Td (\(31.1\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 113.50 397.92 Td (CEO Certification pursuant to Section302 of the Sarbanes-Oxley ) Tj ET Q q 0 0 1 rg BT 377.61 397.92 Td (Act of 2002) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 397.92 Td (...............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.50 397.92 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 383.92 Td (\(31.2\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 113.50 383.92 Td (CFO Certification pursuant to Section302 of the Sarbanes-Oxley ) Tj ET Q q 0 0 1 rg BT 377.06 383.92 Td (Act of 2002) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 383.92 Td (...............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.50 383.92 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 369.92 Td (\(32.1\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 113.50 369.92 Td (CEO Certification pursuant to Section906 of the Sarbanes-Oxley ) Tj ET Q q 0 0 1 rg BT 377.61 369.92 Td (Act of 2002) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 369.92 Td (...............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.50 369.92 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 355.92 Td (\(32.2\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 113.50 355.92 Td (CFO Certification pursuant to Section906 of the Sarbanes-Oxley ) Tj ET Q q 0 0 1 rg BT 377.06 355.92 Td (Act of 2002) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 355.92 Td (...............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.50 355.92 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 341.92 Td (\(99.1\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 1 rg BT 113.50 341.92 Td (Additional Financial Information \(Unaudited\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.50 341.92 Td (..................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.50 341.92 Td (E-17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 327.92 Td (\(101.INS\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.50 327.92 Td (XBRL) Tj ET Q q 0 0 0 rg BT 139.98 327.92 Td ( Instance Document) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.00 327.92 Td (.................................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.50 327.92 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 313.92 Td (\(101.SCH\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.50 313.92 Td (XBRL) Tj ET Q q 0 0 0 rg BT 139.98 313.92 Td ( ) Tj ET Q q 0 0 0 rg BT 142.21 313.92 Td (T) Tj ET Q q 0 0 0 rg BT 147.88 313.92 Td (axonomy Extension Schema Document) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.00 313.92 Td (...............................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.50 313.92 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 299.92 Td (\(101.CAL\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.50 299.92 Td (XBRL) Tj ET Q q 0 0 0 rg BT 139.98 299.92 Td ( ) Tj ET Q q 0 0 0 rg BT 142.21 299.92 Td (T) Tj ET Q q 0 0 0 rg BT 147.88 299.92 Td (axonomy Extension Calculation Linkbase Document) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.50 299.92 Td (..........................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.50 299.92 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 285.92 Td (\(101.LAB\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.50 285.92 Td (XBRL) Tj ET Q q 0 0 0 rg BT 139.98 285.92 Td ( ) Tj ET Q q 0 0 0 rg BT 142.21 285.92 Td (T) Tj ET Q q 0 0 0 rg BT 147.88 285.92 Td (axonomy Extension Label Linkbase Document) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.00 285.92 Td (...................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.50 285.92 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 271.92 Td (\(101.PRE\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.50 271.92 Td (XBRL) Tj ET Q q 0 0 0 rg BT 139.98 271.92 Td ( ) Tj ET Q q 0 0 0 rg BT 142.21 271.92 Td (T) Tj ET Q q 0 0 0 rg BT 147.88 271.92 Td (axonomy Extension Presentation Linkbase Document) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.50 271.92 Td (........................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.50 271.92 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 257.92 Td (\(101.DEF\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.50 257.92 Td (XBRL) Tj ET Q q 0 0 0 rg BT 139.80 257.92 Td ( ) Tj ET Q q 0 0 0 rg BT 142.12 257.92 Td (T) Tj ET Q q 0 0 0 rg BT 147.53 257.92 Td (axonomy Extension Definition Linkbase Document) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.50 257.92 Td (............................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.50 257.92 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 241.85 Td (* Certain schedules and attachments referenced in the Recapitalization ) Tj ET Q q 0 0 0 rg BT 334.10 241.85 Td (Agreement have been omitted in accordance with Item ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 229.85 Td (601\(b\)\(2\) of Regulation S-K. ) Tj ET Q q 0 0 0 rg BT 168.09 229.85 Td (A) Tj ET Q q 0 0 0 rg BT 174.76 229.85 Td ( copy of any omitted schedule and attachment will be furnished supplementally to the U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 217.85 Td (Securities and Exchange Commission upon request. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 199.85 Td (All exhibits other than those indicated above are omitted because of the absence of the conditions under which they are required ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 187.85 Td (or because the information called for is shown in the consolidated financial statements and notes thereto in the ) Tj ET Q q 0 0 0 rg BT 492.70 187.85 Td (Annual Report ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 175.85 Td (on Form 10-K for the period ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.52 175.85 Td (October 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.23 175.85 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 157.85 Td (Item 16. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 104.49 157.85 Td (Summary) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 141.35 Td (None.) Tj ET Q endstream endobj 257 0 obj <> endobj 258 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (128) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 276.60 731.25 Td (SIGNA) Tj ET Q q 0 0 0 rg BT 307.53 731.25 Td (TURE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (Pursuant to the requirements of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 275.55 713.25 Td (Act of 1934, the Registrant has duly caused this report to be signed on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.25 Td (its behalf by the undersigned, thereunto duly authorized.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 633.75 m 54 633.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54 633.75 m 299 633.75 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.45 675.32 Td (NA) Tj ET Q q 0 0 0 rg BT 88.25 675.32 Td (VIST) Tj ET Q q 0 0 0 rg BT 109.43 675.32 Td (ARINTERNA) Tj ET Q q 0 0 0 rg BT 168.74 675.32 Td (TIONAL) Tj ET Q q 0 0 0 rg BT 205.22 675.32 Td (CORPORA) Tj ET Q q 0 0 0 rg BT 254.21 675.32 Td (TION) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.10 661.32 Td (\(Registrant\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.50 638.42 Td (/s/SAMARA) Tj ET Q q 0 0 0 rg BT 172.18 638.42 Td ( ) Tj ET Q q 0 0 0 rg BT 174.13 638.42 Td (A. STR) Tj ET Q q 0 0 0 rg BT 204.14 638.42 Td (YCKER) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.50 624.48 Td (Samara ) Tj ET Q q 0 0 0 rg BT 92.05 624.48 Td (A. Strycker) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.50 611.48 Td (Senior) Tj ET Q q 0 0 0 rg BT 84.19 611.48 Td ( ) Tj ET Q q 0 0 0 rg BT 86.51 611.48 Td (V) Tj ET Q q 0 0 0 rg BT 93.45 611.48 Td (ice Pr) Tj ET Q q 0 0 0 rg BT 117.88 611.48 Td (esident and Corporate Contr) Tj ET Q q 0 0 0 rg BT 241.30 611.48 Td (oller) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.50 598.48 Td (\(Principal ) Tj ET Q q 0 0 0 rg BT 101.22 598.48 Td (Accounting Officer\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 577.25 Td (December17, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.08 577.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 556.25 Td (Pursuant to the requirements of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 275.55 556.25 Td (Act of 1934, this report has been signed below by the following ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 544.25 Td (persons on behalf of the Registrant and in the capacities and on the dates indicated:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 518.75 m 243.5 518.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247.5 518.75 m 450.5 518.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 518.75 m 560.5 518.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 494.75 m 243.5 494.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 454.75 m 243.5 454.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 415.75 m 243.5 415.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 381.75 m 243.5 381.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 344.75 m 243.5 344.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 312.75 m 243.5 312.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 280.75 m 243.5 280.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 246.75 m 243.5 246.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 214.75 m 243.5 214.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 182.75 m 243.5 182.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 182.75 m 243.5 182.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 150.75 m 243.5 150.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 115.75 m 243.5 115.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 115.75 m 243.5 115.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 125.75 523.43 Td (Signatur) Tj ET Q q 0 0 0 rg BT 162.89 523.43 Td (e) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 338.55 523.43 Td (T) Tj ET Q q 0 0 0 rg BT 345.13 523.43 Td (itle) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 497.00 523.43 Td (Date) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 117.45 499.21 Td (/s/ ) Tj ET Q q 0 0 0 rg BT 132.62 499.21 Td (TROY) Tj ET Q q 0 0 0 rg BT 156.87 499.21 Td ( ) Tj ET Q q 0 0 0 rg BT 158.71 499.21 Td (A. CLARKE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.40 503.47 Td (Chairman, President, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.55 493.47 Td (Chief Executive Of) Tj ET Q q 0 0 0 rg BT 378.12 493.47 Td (ficer) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 290.15 483.46 Td (\(Principal Executive Officer\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.70 499.42 Td (December 17, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 120.60 483.43 Td (T) Tj ET Q q 0 0 0 rg BT 126.53 483.43 Td (r) Tj ET Q q 0 0 0 rg BT 130.79 483.43 Td (oy ) Tj ET Q q 0 0 0 rg BT 142.73 483.43 Td (A. Clarke) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 115.05 459.21 Td (/s/ ) Tj ET Q q 0 0 0 rg BT 130.22 459.21 Td (W) Tj ET Q q 0 0 0 rg BT 138.14 459.21 Td (AL) Tj ET Q q 0 0 0 rg BT 149.22 459.21 Td (TER G. BORST) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.85 464.47 Td (Executive ) Tj ET Q q 0 0 0 rg BT 332.15 464.47 Td (V) Tj ET Q q 0 0 0 rg BT 338.77 464.47 Td (ice President and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.90 454.47 Td (Chief Financial Of) Tj ET Q q 0 0 0 rg BT 376.70 454.47 Td (ficer) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 290.15 444.46 Td (\(Principal Financial Officer\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.70 459.42 Td (December 17, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 136.55 444.43 Td (W) Tj ET Q q 0 0 0 rg BT 146.27 444.43 Td (alter) Tj ET Q q 0 0 0 rg BT 165.89 444.43 Td ( G. Borst) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 105.20 420.21 Td (/s/ SAMARA) Tj ET Q q 0 0 0 rg BT 158.71 420.21 Td ( ) Tj ET Q q 0 0 0 rg BT 160.47 420.21 Td (A. STR) Tj ET Q q 0 0 0 rg BT 187.48 420.21 Td (YCKER) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.80 425.47 Td (Senior ) Tj ET Q q 0 0 0 rg BT 325.23 425.47 Td (V) Tj ET Q q 0 0 0 rg BT 331.85 425.47 Td (ice President and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.70 415.47 Td (Corporate Controller ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 286.90 405.46 Td (\(Principal ) Tj ET Q q 0 0 0 rg BT 330.32 405.46 Td (Accounting Officer\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.70 420.42 Td (December 17, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 128.20 405.43 Td (Samara ) Tj ET Q q 0 0 0 rg BT 163.75 405.43 Td (A. Strycker) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 105.90 386.21 Td (/s/ JOS MARIA) Tj ET Q q 0 0 0 rg BT 173.66 386.21 Td ( ) Tj ET Q q 0 0 0 rg BT 175.41 386.21 Td (ALAPONT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.80 386.42 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.70 386.42 Td (December 17, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 128.55 372.48 Td (Jos Maria ) Tj ET Q q 0 0 0 rg BT 178.26 372.48 Td (Alapont) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 111.30 349.21 Td (/s/ STEPHEN R. D'ARCY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.80 349.42 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.70 349.42 Td (December 17, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 130.45 335.48 Td (Stephen R. D'Ar) Tj ET Q q 0 0 0 rg BT 201.19 335.48 Td (cy) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.90 317.21 Td (/s/ JEFFREY) Tj ET Q q 0 0 0 rg BT 165.00 317.21 Td ( ) Tj ET Q q 0 0 0 rg BT 166.83 317.21 Td (A. DOKHO) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.80 317.42 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.70 317.42 Td (December 17, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 134.30 303.48 Td (Jeffr) Tj ET Q q 0 0 0 rg BT 154.75 303.48 Td (ey ) Tj ET Q q 0 0 0 rg BT 166.32 303.48 Td (A. Dokho) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 109.90 285.21 Td (/s/ ) Tj ET Q q 0 0 0 rg BT 125.07 285.21 Td (VINCENT) Tj ET Q q 0 0 0 rg BT 164.40 285.21 Td ( J. INTRIERI) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.80 285.42 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.70 285.42 Td (December 17, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.50 270.43 Td ( ) Tj ET Q q 0 0 0 rg BT 130.41 270.43 Td (V) Tj ET Q q 0 0 0 rg BT 137.36 270.43 Td (incent J. Intrieri) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 108.55 251.21 Td (/s/ RA) Tj ET Q q 0 0 0 rg BT 135.89 251.21 Td (YMOND ) Tj ET Q q 0 0 0 rg BT 171.65 251.21 Td (T) Tj ET Q q 0 0 0 rg BT 176.73 251.21 Td (. MILLER) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.80 251.42 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.70 251.42 Td (December 17, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 129.80 237.48 Td (Raymond ) Tj ET Q q 0 0 0 rg BT 173.88 237.48 Td (T) Tj ET Q q 0 0 0 rg BT 180.09 237.48 Td (. Miller) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 109.65 219.21 Td (/s/ MARK H. RACHESKY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.80 219.42 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.70 219.42 Td (December 17, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 130.05 205.48 Td (Mark H. Rachesky) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 99.95 187.21 Td (/s/ ) Tj ET Q q 0 0 0 rg BT 114.95 187.21 Td (ANDREAS H. RENSCHLER) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.80 187.42 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.70 187.42 Td (December 17, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 123.60 173.48 Td (Andr) Tj ET Q q 0 0 0 rg BT 146.29 173.48 Td (eas H. Renschler) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 111.20 155.21 Td (/s/ CHRISTIAN SCHULZ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.80 155.42 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.70 155.42 Td (December 17, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.25 140.43 Td ( Christian Schulz) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 111.50 120.21 Td (/s/ KEVIN M. SHEEHAN) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.80 120.42 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.70 120.42 Td (December 17, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 131.15 106.48 Td (Kevin M. Sheehan) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 259 0 obj <> endobj 260 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.25 31.60 Td (E-17) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.35 742.25 Td (EXHIBIT) Tj ET Q q 0 0 0 rg BT 541.96 742.25 Td ( 99.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 721.25 Td (Additional Financial Information \(Unaudited\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 703.25 Td (The following additional financial information is provided based upon the continuing interest of certain stockholders and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 691.25 Td (creditors to assist them in understanding our core Manufacturing operations and our Financial Services operations on an after) Tj ET Q q 0 0 0 rg BT 551.04 691.25 Td (-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 679.25 Td (tax equity basis. Our Manufacturing operations, for this purpose, include our ) Tj ET Q q 0 0 0 rg BT 359.19 679.25 Td (T) Tj ET Q q 0 0 0 rg BT 364.95 679.25 Td (ruck segment, Parts segment, Global Operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 667.25 Td (segment, and Corporate items. ) Tj ET Q q 0 0 0 rg BT 174.23 667.25 Td (The Manufacturing operations financial information represents non-GAAP) Tj ET Q q 0 0 0 rg BT 473.77 667.25 Td ( financial measures. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 655.25 Td (These non-GAAP) Tj ET Q q 0 0 0 rg BT 121.56 655.25 Td ( financial measures should be considered supplemental to, and not as a substitute for) Tj ET Q q 0 0 0 rg BT 458.85 655.25 Td (, or superior to, financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 643.25 Td (measures calculated in accordance with GAAP) Tj ET Q q 0 0 0 rg BT 236.87 643.25 Td (. ) Tj ET Q q 0 0 0 rg BT 241.69 643.25 Td (The reconciling dif) Tj ET Q q 0 0 0 rg BT 318.14 643.25 Td (ferences between these non-GAAP) Tj ET Q q 0 0 0 rg BT 458.00 643.25 Td ( financial measures and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 631.25 Td (our GAAP) Tj ET Q q 0 0 0 rg BT 92.69 631.25 Td ( condensed consolidated financial statements in Item8, ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 316.23 631.25 Td (Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.94 631.25 Td (, are our Financial Services operations, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 619.25 Td (which are included on an after) Tj ET Q q 0 0 0 rg BT 171.13 619.25 Td (-tax equity basis. Certain of our subsidiaries in our Manufacturing operations have debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 607.25 Td (outstanding with our Financial Services operations \(intercompany debt\). In the condensed statements of assets, liabilities, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 595.25 Td (stockholders' equity \(deficit\), the intercompany debt is reflected as accounts payable. ) Tj ET Q q 0 0 0 rg BT 392.33 595.25 Td (The change in the intercompany debt is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 583.25 Td (reflected in the ) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 112.47 583.25 Td (Net cash pr) Tj ET Q q 0 0 0 rg BT 158.20 583.25 Td (ovided by \(used in\) operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.55 583.25 Td ( in the condensed statements of cash flows.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 559.25 Td (Condensed Statements of Revenues and Expenses ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 547.25 Td (Navistar) Tj ET Q q 0 0 0 rg BT 86.48 547.25 Td ( ) Tj ET Q q 0 0 0 rg BT 88.98 547.25 Td (International ) Tj ET Q q 0 0 0 rg BT 148.15 547.25 Td (Corporation ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 535.25 Td (\(Manufacturing ) Tj ET Q q 0 0 0 rg BT 120.83 535.25 Td (operations ) Tj ET Q q 0 0 0 rg BT 168.33 535.25 Td (with ) Tj ET Q q 0 0 0 rg BT 189.72 535.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 229.45 535.25 Td (services ) Tj ET Q q 0 0 0 rg BT 265.26 535.25 Td (operations ) Tj ET Q q 0 0 0 rg BT 312.76 535.25 Td (on ) Tj ET Q q 0 0 0 rg BT 325.83 535.25 Td (an ) Tj ET Q q 0 0 0 rg BT 338.89 535.25 Td (after) Tj ET Q q 0 0 0 rg BT 359.05 535.25 Td (-tax ) Tj ET Q q 0 0 0 rg BT 378.21 535.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 407.38 535.25 Td (basis\) ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 511.75 m 368.5 511.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 511.75 m 372.5 511.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 511.75 m 432.5 511.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 511.75 m 436.5 511.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 511.75 m 496.5 511.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 511.75 m 500.5 511.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 511.75 m 560.5 511.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 482.75 m 368.5 482.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 482.75 m 432.5 482.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 511.75 m 496.5 511.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 482.75 m 496.5 482.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 482.75 m 560.5 482.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 452.75 m 368.5 452.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 452.75 m 368.5 452.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 438.75 m 368.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 452.75 m 432.5 452.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 438.75 m 432.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 452.75 m 496.5 452.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 438.75 m 496.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 452.75 m 560.5 452.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 438.75 m 560.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 333.75 m 368.5 333.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 333.75 m 432.5 333.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 333.75 m 496.5 333.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 333.75 m 560.5 333.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 304.75 m 368.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 304.75 m 432.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 304.75 m 496.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 304.75 m 560.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 264.75 m 368.5 264.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 264.75 m 432.5 264.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 264.75 m 496.5 264.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 264.75 m 560.5 264.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 234.75 m 368.5 234.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 234.75 m 432.5 234.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 234.75 m 496.5 234.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 234.75 m 560.5 234.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 234.75 m 368.5 234.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 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Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.65 180.43 Td (22) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.65 180.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.65 180.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 546.65 180.43 Td (22) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 165.43 Td (Net income attributable to Navistar) Tj ET Q q 0 0 0 rg BT 204.46 165.43 Td ( International) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 155.43 Td (Corporation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.50 155.32 Td (...............................................................................) 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148.15 730.25 Td (Corporation ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (\(Manufacturing ) Tj ET Q q 0 0 0 rg BT 120.83 718.25 Td (operations ) Tj ET Q q 0 0 0 rg BT 168.33 718.25 Td (with ) Tj ET Q q 0 0 0 rg BT 189.72 718.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 229.45 718.25 Td (services ) Tj ET Q q 0 0 0 rg BT 265.26 718.25 Td (operations ) Tj ET Q q 0 0 0 rg BT 312.76 718.25 Td (on ) Tj ET Q q 0 0 0 rg BT 325.83 718.25 Td (an ) Tj ET Q q 0 0 0 rg BT 338.89 718.25 Td (after) Tj ET Q q 0 0 0 rg BT 359.05 718.25 Td (-tax ) Tj ET Q q 0 0 0 rg BT 378.21 718.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 407.38 718.25 Td (basis\) ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 694.75 m 368.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 694.75 m 372.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 694.75 m 432.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 694.75 m 436.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i 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485.75 m 368.5 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 485.75 m 432.5 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 485.75 m 496.5 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 485.75 m 560.5 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 445.75 m 368.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 445.75 m 432.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 445.75 m 496.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 445.75 m 560.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 445.75 m 496.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 415.75 m 368.5 415.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 415.75 m 432.5 415.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 415.75 m 496.5 415.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 415.75 m 560.5 415.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 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0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 355.75 m 560.5 355.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 331.75 m 560.5 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 329.75 m 560.5 329.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.70 698.98 Td (For) Tj ET Q q 0 0 0 rg BT 383.07 698.98 Td ( the ) Tj ET Q q 0 0 0 rg BT 397.51 698.98 Td (Y) Tj ET Q q 0 0 0 rg BT 402.69 698.98 Td (ear) Tj ET Q q 0 0 0 rg BT 413.28 698.98 Td ( Ended October) Tj ET Q q 0 0 0 rg BT 467.36 698.98 Td ( 31, 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 669.98 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 312.00 677.98 Td (Manufacturing) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 318.85 669.98 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 385.95 685.98 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.00 677.98 Td (Services) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.85 669.98 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.20 669.98 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 507.55 685.98 Td (Consolidated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 508.30 677.98 Td (Statement of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 510.85 669.98 Td (Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 655.42 Td (Sales of manufactured products) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.00 655.32 Td (..................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.00 655.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.15 655.42 Td (10,090) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.00 655.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 655.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.00 655.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 655.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.00 655.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 655.42 Td (10,090) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 640.42 Td (Finance revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.00 640.32 Td (........................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.65 640.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.65 640.42 Td (257) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 640.47 Td (\(97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 640.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 640.42 Td (160) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 625.43 Td (Sales and r) Tj ET Q q 0 0 0 rg BT 112.14 625.43 Td (evenues, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.00 625.32 Td (........................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.15 625.42 Td (10,090) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.65 625.42 Td (257) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 625.47 Td (\(97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 625.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 625.42 Td (10,250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 610.42 Td (Costs of products sold) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.50 610.32 Td (.................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.15 610.42 Td (8,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 610.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 610.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 610.42 Td (8,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 595.42 Td (Restructuring char) Tj ET Q q 0 0 0 rg BT 127.05 595.42 Td (ges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.50 595.32 Td (.................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.30 595.47 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.65 595.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 595.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 595.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.30 595.47 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 595.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 580.42 Td (Asset impairment char) Tj ET Q q 0 0 0 rg BT 143.44 580.42 Td (ges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.50 580.32 Td (...........................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.65 580.42 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 580.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 580.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 580.42 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 565.42 Td (Selling, general and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.50 565.32 Td (.............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.65 565.42 Td (737) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 565.42 Td (93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 565.47 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 565.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 565.42 Td (828) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 550.42 Td (Engineering and product development costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.00 550.32 Td (..............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.65 550.42 Td (297) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 550.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 550.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 550.42 Td (297) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 535.42 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.00 535.32 Td (..........................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.65 535.42 Td (235) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 535.42 Td (92) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 535.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 535.42 Td (327) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 520.42 Td (Other \(income\) expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.50 520.32 Td (.......................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.65 520.42 Td (160) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.30 520.47 Td (\(17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 520.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 520.47 Td (\(95) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 520.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 520.42 Td (48) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 505.43 Td (T) Tj ET Q q 0 0 0 rg BT 70.75 505.43 Td (otal costs and expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.00 505.32 Td (......................................................) 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Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.65 490.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 490.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 490.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 490.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 475.42 Td (Income before equity income from financial services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 465.42 Td (operations and income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.50 465.32 Td (.......................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.65 465.42 Td (332) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 465.42 Td (88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 465.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 465.42 Td (420) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 450.42 Td (Equity income from financial services operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.00 450.32 Td (......................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.65 450.42 Td (71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 450.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 450.47 Td (\(71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 450.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 450.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 435.42 Td (Income from continuing operations before income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.50 435.32 Td (...........) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 435.42 Td (403) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 435.42 Td (88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 435.47 Td (\(71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 435.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.00 435.42 Td (420) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 420.42 Td (Income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.50 420.32 Td (.....................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.30 420.47 Td (\(35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.65 420.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.30 420.47 Td (\(17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 420.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 420.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.30 420.47 Td (\(52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 420.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 405.42 Td (Income from continuing operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.00 405.32 Td (............................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.65 405.42 Td (368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 405.42 Td (71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 405.47 Td (\(71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 405.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 405.42 Td (368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 390.42 Td (Income from discontinued operations, net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.50 390.32 Td (.......................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.65 390.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 390.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 390.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 390.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 375.42 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.00 375.32 Td (..................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.65 375.42 Td (368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 375.42 Td (71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 375.47 Td (\(71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 375.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 375.42 Td (368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 360.42 Td (Less: Net income attributable to non-controlling interests) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.00 360.32 Td (....) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.65 360.42 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 360.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 360.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 360.42 Td (28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 345.43 Td (Net income attributable to Navistar) Tj ET Q q 0 0 0 rg BT 204.46 345.43 Td ( International ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 335.43 Td (Corporation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.50 335.32 Td (...............................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.00 335.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.65 335.42 Td (340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.00 335.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 335.42 Td (71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.00 335.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 335.47 Td (\(71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 335.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.00 335.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 335.42 Td (340) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 263 0 obj <> endobj 264 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.25 31.60 Td (E-19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Condensed Statements of Revenues and Expenses ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (Navistar) Tj ET Q q 0 0 0 rg BT 86.48 730.25 Td ( ) Tj ET Q q 0 0 0 rg BT 88.98 730.25 Td (International ) Tj ET Q q 0 0 0 rg BT 148.15 730.25 Td (Corporation ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (\(Manufacturing ) Tj ET Q q 0 0 0 rg BT 120.83 718.25 Td (operations ) Tj ET Q q 0 0 0 rg BT 168.33 718.25 Td (with ) Tj ET Q q 0 0 0 rg BT 189.72 718.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 229.45 718.25 Td (services ) Tj ET Q q 0 0 0 rg BT 265.26 718.25 Td (operations ) Tj ET Q q 0 0 0 rg BT 312.76 718.25 Td (on ) Tj ET Q q 0 0 0 rg BT 325.83 718.25 Td (an ) Tj ET Q q 0 0 0 rg BT 338.89 718.25 Td (after) Tj ET Q q 0 0 0 rg BT 359.05 718.25 Td (-tax ) Tj ET Q q 0 0 0 rg BT 378.21 718.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 407.38 718.25 Td (basis\) ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 694.75 m 368.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 694.75 m 372.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 694.75 m 432.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 694.75 m 436.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 694.75 m 496.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 694.75 m 500.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 694.75 m 560.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 665.75 m 368.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 665.75 m 432.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 694.75 m 496.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 665.75 m 496.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 665.75 m 560.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 665.75 m 368.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 665.75 m 432.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 665.75 m 496.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 665.75 m 560.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 635.75 m 368.5 635.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 635.75 m 368.5 635.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 620.75 m 368.5 620.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 635.75 m 432.5 635.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 620.75 m 432.5 620.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 635.75 m 496.5 635.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 620.75 m 496.5 620.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 635.75 m 560.5 635.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 620.75 m 560.5 620.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 515.75 m 368.5 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 515.75 m 432.5 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 515.75 m 496.5 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 515.75 m 560.5 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 485.75 m 368.5 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 485.75 m 432.5 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 485.75 m 496.5 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 485.75 m 560.5 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 445.75 m 368.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 445.75 m 432.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 445.75 m 496.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 445.75 m 560.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 415.75 m 368.5 415.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 415.75 m 432.5 415.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 415.75 m 496.5 415.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 415.75 m 560.5 415.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 385.75 m 368.5 385.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 385.75 m 432.5 385.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 385.75 m 496.5 385.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 385.75 m 560.5 385.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 355.75 m 368.5 355.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 331.75 m 368.5 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 329.75 m 368.5 329.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 355.75 m 432.5 355.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 331.75 m 432.5 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 329.75 m 432.5 329.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 355.75 m 496.5 355.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 331.75 m 496.5 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 329.75 m 496.5 329.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 355.75 m 560.5 355.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 331.75 m 560.5 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 329.75 m 560.5 329.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.70 698.98 Td (For) Tj ET Q q 0 0 0 rg BT 383.07 698.98 Td ( the ) Tj ET Q q 0 0 0 rg BT 397.51 698.98 Td (Y) Tj ET Q q 0 0 0 rg BT 402.69 698.98 Td (ear) Tj ET Q q 0 0 0 rg BT 413.28 698.98 Td ( Ended October) Tj ET Q q 0 0 0 rg BT 467.36 698.98 Td ( 31, 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 669.98 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 312.00 677.98 Td (Manufacturing) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 318.85 669.98 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 385.95 685.98 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.00 677.98 Td (Services) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.85 669.98 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.20 669.98 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 507.55 685.98 Td (Consolidated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 508.30 677.98 Td (Statement of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 510.85 669.98 Td (Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 655.42 Td (Sales of manufactured products) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.00 655.32 Td (..................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.00 655.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.15 655.42 Td (8,428) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.00 655.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 655.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.00 655.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 655.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.00 655.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 655.42 Td (8,428) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 640.42 Td (Finance revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.00 640.32 Td (........................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.65 640.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.65 640.42 Td (235) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 640.47 Td (\(93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 640.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 640.42 Td (142) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 625.43 Td (Sales and r) Tj ET Q q 0 0 0 rg BT 112.05 625.43 Td (evenues, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.00 625.32 Td (........................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.15 625.42 Td (8,428) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.65 625.42 Td (235) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 625.47 Td (\(93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 625.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 625.42 Td (8,570) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 610.42 Td (Costs of products sold) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.50 610.32 Td (.................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.15 610.42 Td (7,037) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 610.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 610.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 610.42 Td (7,037) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 595.42 Td (Restructuring char) Tj ET Q q 0 0 0 rg BT 126.96 595.42 Td (ges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.50 595.32 Td (.................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.65 595.42 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 595.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 595.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.65 595.42 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 580.42 Td (Asset impairment char) Tj ET Q q 0 0 0 rg BT 143.35 580.42 Td (ges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.50 580.32 Td (...........................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.65 580.42 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 580.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 580.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 580.42 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 565.42 Td (Selling, general and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.50 565.32 Td (.............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.65 565.42 Td (670) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 565.42 Td (83) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 565.47 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 565.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 565.42 Td (751) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 550.42 Td (Engineering and product development costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.00 550.32 Td (..............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.65 550.42 Td (251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 550.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 550.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 550.42 Td (251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 535.42 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.00 535.32 Td (..........................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.65 535.42 Td (269) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 535.42 Td (86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 535.47 Td (\(4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 535.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 535.42 Td (351) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 520.42 Td (Other \(income\) expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.50 520.32 Td (.......................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.65 520.42 Td (204) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.30 520.47 Td (\(1) Tj ET Q q 0 0 0 rg BT 423.63 520.47 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 520.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 520.47 Td (\(87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 520.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 520.42 Td (106) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 505.43 Td (T) Tj ET Q q 0 0 0 rg BT 70.75 505.43 Td (otal costs and expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.00 505.32 Td (......................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.15 505.42 Td (8,447) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.65 505.42 Td (158) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 505.47 Td (\(93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 505.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 505.42 Td (8,512) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 490.42 Td (Equity in income of non-consolidated af) Tj ET Q q 0 0 0 rg BT 214.17 490.42 Td (filiates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.50 490.32 Td (.........................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.65 490.42 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 490.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 490.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.65 490.42 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 475.42 Td (Income \(loss\) before equity income from financial services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 465.42 Td (operations and income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.50 465.32 Td (.......................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.30 465.47 Td (\(13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.65 465.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 465.42 Td (77) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 465.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 465.42 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 450.42 Td (Equity income from financial services operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.00 450.32 Td (......................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.65 450.42 Td (62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 450.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 450.47 Td (\(62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 450.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 450.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 435.42 Td (Income from continuing operations before income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.50 435.32 Td (...........) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.65 435.42 Td (49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 435.42 Td (77) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 435.47 Td (\(62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 435.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 435.42 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 420.42 Td (Income tax benefit \(expense\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.00 420.32 Td (......................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.65 420.42 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.30 420.47 Td (\(15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 420.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 420.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.30 420.47 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 420.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 405.42 Td (Income from continuing operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.00 405.32 Td (............................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.65 405.42 Td (54) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 405.42 Td (62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 405.47 Td (\(62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 405.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 405.42 Td (54) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 390.42 Td (Income from discontinued operations, net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.50 390.32 Td (.......................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.65 390.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 390.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 390.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.65 390.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 375.42 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.00 375.32 Td (..................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.65 375.42 Td (55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 375.42 Td (62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 375.47 Td (\(62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 375.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 375.42 Td (55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 360.42 Td (Less: Net Income attributable to non-controlling interests) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.00 360.32 Td (....) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.65 360.42 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 360.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 360.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 360.42 Td (25) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 345.43 Td (Net income attributable to Navistar) Tj ET Q q 0 0 0 rg BT 204.46 345.43 Td ( International ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 335.43 Td (Corporation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.50 335.32 Td (...............................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.00 335.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.65 335.42 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.00 335.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 335.42 Td (62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.00 335.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 335.47 Td (\(62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 335.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.00 335.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 335.42 Td (30) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 265 0 obj <> endobj 266 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.25 31.60 Td (E-20) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Condensed Statements of ) Tj ET Q q 0 0 0 rg BT 159.73 742.25 Td (Assets, Liabilities, and Stockholders' Equity \(Deficit\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (Navistar) Tj ET Q q 0 0 0 rg BT 86.48 730.25 Td ( International Corporation ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (\(Manufacturing operations with financial services operations on an after) Tj ET Q q 0 0 0 rg BT 359.05 718.25 Td (-tax equity basis\)) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 694.75 m 367.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 694.75 m 371.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 694.75 m 432.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 694.75 m 436.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 694.75 m 497.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 694.75 m 501.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 694.75 m 562.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 665.75 m 367.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 665.75 m 432.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 665.75 m 497.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 665.75 m 562.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 665.75 m 367.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 665.75 m 432.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 665.75 m 497.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 665.75 m 562.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 486.75 m 367.5 486.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 473.75 m 367.5 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 471.75 m 367.5 471.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 486.75 m 432.5 486.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 473.75 m 432.5 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 471.75 m 432.5 471.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 486.75 m 497.5 486.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 473.75 m 497.5 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 471.75 m 497.5 471.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 486.75 m 562.5 486.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 473.75 m 562.5 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 471.75 m 562.5 471.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 398.75 m 367.5 398.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 398.75 m 432.5 398.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 398.75 m 497.5 398.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 398.75 m 562.5 398.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 336.75 m 367.5 336.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 323.75 m 367.5 323.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 321.75 m 367.5 321.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 336.75 m 432.5 336.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 323.75 m 432.5 323.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 321.75 m 432.5 321.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 336.75 m 497.5 336.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 323.75 m 497.5 323.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 321.75 m 497.5 321.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 336.75 m 562.5 336.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 323.75 m 562.5 323.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 321.75 m 562.5 321.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.30 698.98 Td (As of October) Tj ET Q q 0 0 0 rg BT 442.77 698.98 Td ( 31, 2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 669.98 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.50 677.98 Td (Manufacturing) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 317.35 669.98 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 385.45 685.98 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.50 677.98 Td (Services) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.35 669.98 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.70 669.98 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 509.05 677.98 Td (Consolidated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 507.60 669.98 Td (Balance Sheet) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 656.43 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 641.42 Td (Cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.50 641.32 Td (.........................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 309.00 641.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.15 641.43 Td (1,328) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.00 641.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.65 641.43 Td (42) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.00 641.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.65 641.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 504.00 641.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.15 641.43 Td (1,370) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 626.42 Td (Marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.50 626.32 Td (.................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.65 626.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.65 626.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.65 626.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 626.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 611.42 Td (Restricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.50 611.32 Td (...........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.65 611.43 Td (50) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 413.65 611.43 Td (137) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.65 611.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 543.65 611.43 Td (187) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 596.42 Td (Finance and other receivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.50 596.32 Td (.............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 348.65 596.43 Td (348) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.15 596.43 Td (2,423) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.30 596.48 Td (\(226) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.65 596.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.15 596.43 Td (2,545) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 581.42 Td (Inventories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 581.32 Td (..................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 348.65 581.43 Td (905) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.65 581.43 Td (6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.65 581.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 543.65 581.43 Td (91) Tj ET Q q 0 0 0 rg BT 553.65 581.43 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 566.42 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.00 566.32 Td (....................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.65 566.43 Td (38) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.65 566.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.65 566.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 566.43 Td (38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 551.42 Td (Property and equipment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.00 551.32 Td (......................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 348.65 551.43 Td (942) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 413.65 551.43 Td (367) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.65 551.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.15 551.43 Td (1,309) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 536.42 Td (Investments in and advances to financial services operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.50 536.32 Td (...) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 348.65 536.43 Td (668) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.65 536.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.30 536.48 Td (\(668) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.65 536.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 536.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 521.42 Td (Investments in non-consolidated af) Tj ET Q q 0 0 0 rg BT 193.15 521.42 Td (filiates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.50 521.32 Td (.................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.65 521.43 Td (31) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.65 521.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.65 521.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 521.43 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 506.42 Td (Deferred taxes, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.50 506.32 Td (.....................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 348.65 506.43 Td (1) Tj ET Q q 0 0 0 rg BT 353.65 506.43 Td (15) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.65 506.43 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.65 506.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 543.65 506.43 Td (1) Tj ET Q q 0 0 0 rg BT 548.65 506.43 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 491.42 Td (Other assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.00 491.32 Td (................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 348.65 491.43 Td (386) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.65 491.43 Td (23) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.65 491.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 543.65 491.43 Td (409) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 477.43 Td (T) Tj ET Q q 0 0 0 rg BT 71.21 477.43 Td (otal assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.50 477.32 Td (...........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 309.00 477.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.15 477.43 Td (4,81) Tj ET Q q 0 0 0 rg BT 358.65 477.43 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.00 477.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.15 477.43 Td (3,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.00 477.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.30 477.48 Td (\(894) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.65 477.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 504.00 477.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.15 477.43 Td (6,917) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 463.43 Td (Liabilities and stockholders' equity \(deficit\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 448.42 Td (Accounts payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 448.32 Td (.......................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 309.00 448.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.15 448.43 Td (1,554) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.00 448.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.65 448.43 Td (13) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.00 448.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.30 448.48 Td (\(226) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.65 448.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 504.00 448.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.15 448.43 Td (1,341) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 433.42 Td (Debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 433.32 Td (............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.15 433.43 Td (2,932) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.15 433.43 Td (2,256) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.65 433.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.15 433.43 Td (5,188) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 418.42 Td (Postretirement benefits liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.50 418.32 Td (...............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.15 418.43 Td (2,103) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.65 418.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.65 418.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.15 418.43 Td (2,103) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 403.42 Td (Other liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.50 403.32 Td (...........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.15 403.43 Td (1,945) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.65 403.43 Td (63) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.65 403.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.15 403.43 Td (2,008) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 389.43 Td (T) Tj ET Q q 0 0 0 rg BT 59.21 389.43 Td (otal liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.00 389.32 Td (..........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.15 389.43 Td (8,534) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.15 389.43 Td (2,332) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.30 389.48 Td (\(226) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.65 389.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.15 389.43 Td (10,640) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 375.43 Td (Stockholders' equity attributable to non-contr) Tj ET Q q 0 0 0 rg BT 249.58 375.43 Td (olling) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 365.43 Td (inter) Tj ET Q q 0 0 0 rg BT 73.46 365.43 Td (est) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 365.32 Td (.......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 358.65 365.43 Td (3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.65 365.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.65 365.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.65 365.43 Td (3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 351.43 Td (Stockholders' equity \(deficit\) attributable to contr) Tj ET Q q 0 0 0 rg BT 265.85 351.43 Td (olling) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 341.43 Td (inter) Tj ET Q q 0 0 0 rg BT 73.37 341.43 Td (est) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 341.32 Td (.......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.80 341.48 Td (\(3,726) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 363.65 341.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 413.65 341.43 Td (668) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.30 341.48 Td (\(668) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.65 341.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.80 341.48 Td (\(3,726) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.65 341.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 327.43 Td (T) Tj ET Q q 0 0 0 rg BT 70.75 327.43 Td (otal liabilities and stockholders' equity \(deficit\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.00 327.32 Td (............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 309.00 327.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.15 327.43 Td (4,81) Tj ET Q q 0 0 0 rg BT 358.65 327.43 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.00 327.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.15 327.43 Td (3,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.00 327.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.30 327.48 Td (\(894) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.65 327.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 504.00 327.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.15 327.43 Td (6,917) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 267 0 obj <> endobj 268 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.25 31.60 Td (E-21) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Condensed Statements of ) Tj ET Q q 0 0 0 rg BT 159.73 742.25 Td (Assets, Liabilities, and Stockholders' Equity \(Deficit\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (Navistar) Tj ET Q q 0 0 0 rg BT 86.48 730.25 Td ( International Corporation ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (\(Manufacturing operations with financial services operations on an after) Tj ET Q q 0 0 0 rg BT 359.05 718.25 Td (-tax equity basis\)) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 694.75 m 367.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 694.75 m 371.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 694.75 m 432.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 694.75 m 436.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 694.75 m 497.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 694.75 m 501.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 694.75 m 562.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 665.75 m 367.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 665.75 m 432.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 665.75 m 497.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 665.75 m 562.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 486.75 m 367.5 486.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 472.75 m 367.5 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 470.75 m 367.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 486.75 m 432.5 486.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 472.75 m 432.5 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 470.75 m 432.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 486.75 m 497.5 486.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 472.75 m 497.5 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 470.75 m 497.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 486.75 m 562.5 486.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 472.75 m 562.5 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 470.75 m 562.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 397.75 m 367.5 397.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 397.75 m 432.5 397.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 397.75 m 497.5 397.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 397.75 m 562.5 397.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 397.75 m 432.5 397.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 334.75 m 367.5 334.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 334.75 m 432.5 334.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 334.75 m 497.5 334.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 334.75 m 562.5 334.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 334.75 m 367.5 334.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 320.75 m 367.5 320.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 318.75 m 367.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 334.75 m 432.5 334.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 320.75 m 432.5 320.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 318.75 m 432.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 334.75 m 497.5 334.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 320.75 m 497.5 320.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 318.75 m 497.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 334.75 m 562.5 334.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 320.75 m 562.5 320.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 318.75 m 562.5 318.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.30 698.98 Td (As of October) Tj ET Q q 0 0 0 rg BT 442.77 698.98 Td ( 31, 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 669.98 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.50 677.98 Td (Manufacturing) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 317.35 669.98 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 385.45 685.98 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.50 677.98 Td (Services) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.35 669.98 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.70 669.98 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 509.05 677.98 Td (Consolidated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 507.60 669.98 Td (Balance Sheet) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 656.43 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 641.42 Td (Cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.50 641.32 Td (.........................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 641.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.15 641.42 Td (1,261) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.00 641.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 641.42 Td (59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.00 641.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 641.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 641.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 641.42 Td (1,320) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 626.42 Td (Marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.50 626.32 Td (.................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.65 626.42 Td (101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 626.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 626.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 626.42 Td (101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 611.42 Td (Restricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.50 611.32 Td (...........................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 611.42 Td (34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 611.42 Td (91) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 611.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 611.42 Td (125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 596.42 Td (Finance and other receivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.50 596.32 Td (.............................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.65 596.42 Td (505) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 596.42 Td (2,259) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.30 596.47 Td (\(101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 596.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 596.42 Td (2,663) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 581.42 Td (Inventories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 581.32 Td (..................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.15 581.42 Td (1,102) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 581.42 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 581.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 581.42 Td (1,1) Tj ET Q q 0 0 0 rg BT 548.65 581.42 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 566.42 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.00 566.32 Td (....................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 566.42 Td (38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 566.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 566.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 566.42 Td (38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 551.42 Td (Property and equipment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.00 551.32 Td (......................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.15 551.42 Td (1,060) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.65 551.42 Td (310) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 551.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 551.42 Td (1,370) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 536.42 Td (Investments in and advances to financial services operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.50 536.32 Td (...) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.65 536.42 Td (581) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 536.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.30 536.47 Td (\(581) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 536.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 536.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 521.42 Td (Investments in non-consolidated af) Tj ET Q q 0 0 0 rg BT 193.15 521.42 Td (filiates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.50 521.32 Td (.................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 521.42 Td (50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 521.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 521.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 521.42 Td (50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 506.42 Td (Deferred taxes, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.50 506.32 Td (.....................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.65 506.42 Td (1) Tj ET Q q 0 0 0 rg BT 353.65 506.42 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 506.42 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 506.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 506.42 Td (121) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 491.42 Td (Other assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.00 491.32 Td (................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.65 491.42 Td (314) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 491.42 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 491.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 491.42 Td (332) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 476.43 Td (T) Tj ET Q q 0 0 0 rg BT 71.21 476.43 Td (otal assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.50 476.32 Td (...........................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 476.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.15 476.42 Td (5,163) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.00 476.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 476.42 Td (2,749) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.00 476.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.30 476.47 Td (\(682) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 476.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 476.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 476.42 Td (7,230) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 462.43 Td (Liabilities and stockholders' equity \(deficit\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 447.42 Td (Accounts payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 447.32 Td (.......................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 447.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.15 447.42 Td (1,664) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.00 447.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 447.42 Td (43) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.00 447.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.30 447.47 Td (\(101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 447.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 447.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 447.42 Td (1,606) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 432.42 Td (Debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 432.32 Td (............................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.15 432.42 Td (3,426) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 432.42 Td (2,041) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 432.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 432.42 Td (5,467) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 417.42 Td (Postretirement benefits liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.50 417.32 Td (...............................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.15 417.42 Td (2,097) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 417.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 417.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 417.42 Td (2,097) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 402.42 Td (Other liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.50 402.32 Td (...........................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.15 402.42 Td (1,902) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 402.42 Td (84) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 402.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 402.42 Td (1,986) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 387.43 Td (T) Tj ET Q q 0 0 0 rg BT 59.21 387.43 Td (otal liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.00 387.32 Td (..........................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.15 387.42 Td (9,089) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 387.42 Td (2,168) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.30 387.47 Td (\(101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 387.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 387.42 Td (1) Tj ET Q q 0 0 0 rg BT 536.15 387.42 Td (1,156) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 373.43 Td (Stockholders' equity attributable to non-contr) Tj ET Q q 0 0 0 rg BT 249.58 373.43 Td (olling) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 363.43 Td (inter) Tj ET Q q 0 0 0 rg BT 73.46 363.43 Td (est) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 363.32 Td (.......................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.65 363.42 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 363.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 363.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 363.42 Td (5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 349.43 Td (Stockholders' equity \(deficit\) attributable to contr) Tj ET Q q 0 0 0 rg BT 265.85 349.43 Td (olling) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 339.43 Td (inter) Tj ET Q q 0 0 0 rg BT 73.37 339.43 Td (est) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 339.32 Td (.......................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.80 339.47 Td (\(3,931) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.65 339.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.65 339.42 Td (581) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.30 339.47 Td (\(581) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 339.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 339.47 Td (\(3,931) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 339.42 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 324.43 Td (T) Tj ET Q q 0 0 0 rg BT 70.75 324.43 Td (otal liabilities and stockholders' equity \(deficit\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.00 324.32 Td (............) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 324.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.15 324.42 Td (5,163) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.00 324.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 324.42 Td (2,749) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.00 324.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.30 324.47 Td (\(682) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 324.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 324.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 324.42 Td (7,230) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 269 0 obj <> endobj 270 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.25 31.60 Td (E-22) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Condensed Statements of Cash Flows) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (Navistar) Tj ET Q q 0 0 0 rg BT 86.48 730.25 Td ( International Corporation ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (\(Manufacturing operations with financial services operations on an after) Tj ET Q q 0 0 0 rg BT 359.05 718.25 Td (-tax equity basis\)) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 694.75 m 370.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 694.75 m 374.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 694.75 m 434.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 694.75 m 438.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 694.75 m 498.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 694.75 m 502.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 694.75 m 562.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 694.75 m 370.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 657.75 m 370.5 657.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 694.75 m 374.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 694.75 m 434.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 657.75 m 434.5 657.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 694.75 m 438.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 694.75 m 498.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 657.75 m 498.5 657.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 694.75 m 502.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 694.75 m 562.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 657.75 m 562.5 657.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 423.75 m 370.5 423.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 409.75 m 370.5 409.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 423.75 m 434.5 423.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 409.75 m 434.5 409.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 423.75 m 498.5 423.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 409.75 m 498.5 409.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 423.75 m 562.5 423.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 409.75 m 562.5 409.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 305.75 m 370.5 305.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 305.75 m 434.5 305.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 305.75 m 498.5 305.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 305.75 m 562.5 305.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 291.75 m 370.5 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 291.75 m 434.5 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 291.75 m 498.5 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 291.75 m 562.5 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 277.75 m 370.5 277.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 277.75 m 434.5 277.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 277.75 m 498.5 277.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 277.75 m 562.5 277.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 253.75 m 370.5 253.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 253.75 m 434.5 253.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 253.75 m 498.5 253.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 253.75 m 562.5 253.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 218.75 m 370.5 218.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 194.75 m 370.5 194.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 192.75 m 370.5 192.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 218.75 m 434.5 218.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 194.75 m 434.5 194.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 192.75 m 434.5 192.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 218.75 m 498.5 218.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 194.75 m 498.5 194.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 192.75 m 498.5 192.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 218.75 m 562.5 218.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 194.75 m 562.5 194.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 192.75 m 562.5 192.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 372.70 698.98 Td (For) Tj ET Q q 0 0 0 rg BT 385.07 698.98 Td ( the ) Tj ET Q q 0 0 0 rg BT 399.51 698.98 Td (Y) Tj ET Q q 0 0 0 rg BT 404.69 698.98 Td (ear) Tj ET Q q 0 0 0 rg BT 415.28 698.98 Td ( Ended October) Tj ET Q q 0 0 0 rg BT 469.36 698.98 Td ( 31, 2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 661.98 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 314.00 669.98 Td (Manufacturing) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 320.85 661.98 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.95 677.98 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.00 669.98 Td (Services) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 384.85 661.98 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 446.20 661.98 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.10 685.98 Td (Condensed) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 509.55 677.98 Td (Consolidated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 510.30 669.98 Td (Statement of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.30 661.98 Td (Cash Flows) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 648.43 Td (Cash flows fr) Tj ET Q q 0 0 0 rg BT 109.57 648.43 Td (om operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 633.42 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.50 633.32 Td (...................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 313.00 633.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.65 633.43 Td (243) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.00 633.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.65 633.43 Td (99) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.00 633.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.30 633.48 Td (\(99) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.65 633.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.00 633.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 543.65 633.43 Td (243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 618.42 Td (Adjustments to reconcile net income to cash provided by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 608.42 Td (operating activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 593.42 Td (Depreciation and amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.00 593.32 Td (................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.65 593.43 Td (131) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.65 593.43 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 593.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 543.65 593.43 Td (132) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 578.42 Td (Depreciation of equipment leased to others) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 578.32 Td (............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 358.30 578.48 Td (\(2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.65 578.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.65 578.43 Td (63) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 578.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 578.43 Td (61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 563.42 Td (Amortization of debt issuance costs and discount) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 563.32 Td (..................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 356.65 563.43 Td (1) Tj ET Q q 0 0 0 rg BT 361.65 563.43 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.65 563.43 Td (8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 563.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 563.43 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 548.42 Td (Deferred income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.00 548.32 Td (............................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.30 548.48 Td (\(32) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.65 548.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.65 548.43 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 548.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 545.30 548.48 Td (\(31) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.65 548.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 533.42 Td (Asset impairment char) Tj ET Q q 0 0 0 rg BT 155.44 533.42 Td (ges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.50 533.32 Td (.......................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 361.65 533.43 Td (7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.65 533.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 533.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.65 533.43 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 518.42 Td (Gain on sales of investments and businesses, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.50 518.32 Td (...................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.30 518.48 Td (\(56) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.65 518.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.65 518.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 518.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 545.30 518.48 Td (\(56) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.65 518.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 503.42 Td (Equity in income of non-consolidated af) Tj ET Q q 0 0 0 rg BT 226.17 503.42 Td (filiates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.50 503.32 Td (.....................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 358.30 503.48 Td (\(4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.65 503.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.65 503.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 503.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 550.30 503.48 Td (\(4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.65 503.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 488.42 Td (Equity in income of financial services af) Tj ET Q q 0 0 0 rg BT 227.07 488.42 Td (filiates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.50 488.32 Td (.....................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.30 488.48 Td (\(99) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.65 488.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.65 488.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 488.43 Td (99) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 488.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 473.42 Td (Dividends from financial services operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.50 473.32 Td (.........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 356.65 473.43 Td (20) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.65 473.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.30 473.48 Td (\(20) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.65 473.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 473.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 458.42 Td (Dividends from non-consolidated af) Tj ET Q q 0 0 0 rg BT 209.60 458.42 Td (filiates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 458.32 Td (............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 361.65 458.43 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.65 458.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 458.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.65 458.43 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 443.42 Td (Change in intercompany receivables and payables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.00 443.32 Td (................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 356.65 443.43 Td (53) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.30 443.48 Td (\(53) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.65 443.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 443.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 443.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 428.42 Td (Other) Tj ET Q q 0 0 0 rg BT 87.37 428.42 Td (, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.00 428.32 Td (................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.65 428.43 Td (121) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.30 428.48 Td (\(44) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.65 428.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 428.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 428.43 Td (77) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 414.43 Td (Net cash pr) Tj ET Q q 0 0 0 rg BT 113.70 414.43 Td (ovided by operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.50 414.32 Td (...........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.65 414.43 Td (395) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.65 414.43 Td (75) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.30 414.48 Td (\(20) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.65 414.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 543.65 414.43 Td (450) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 400.43 Td (Cash flows fr) Tj ET Q q 0 0 0 rg BT 109.48 400.43 Td (om investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 385.42 Td (Purchases of marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.00 385.32 Td (..............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 356.65 385.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.65 385.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 385.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 385.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 370.42 Td (Sales of marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.50 370.32 Td (.....................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 356.65 370.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.65 370.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 370.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 370.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 355.42 Td (Maturities of marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.50 355.32 Td (.............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.65 355.43 Td (102) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.65 355.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 355.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 543.65 355.43 Td (102) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 340.42 Td (Capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.00 340.32 Td (....................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 348.30 340.48 Td (\(132) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.65 340.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.30 340.48 Td (\(2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.65 340.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 340.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 540.30 340.48 Td (\(134) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.65 340.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 325.42 Td (Purchase of equipment leased to others) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.50 325.32 Td (.......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 358.30 325.48 Td (\(3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.65 325.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 412.30 325.48 Td (\(149) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.65 325.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 325.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 540.30 325.48 Td (\(152) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.65 325.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 310.42 Td (Other investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.50 310.32 Td (.............................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.65 310.43 Td (103) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.65 310.43 Td (13) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 310.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 543.65 310.43 Td (1) Tj ET Q q 0 0 0 rg BT 548.65 310.43 Td (16) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 296.43 Td (Net cash pr) Tj ET Q q 0 0 0 rg BT 113.70 296.43 Td (ovided by \(used in\) investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.00 296.32 Td (............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 356.65 296.43 Td (70) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 412.30 296.48 Td (\(138) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.65 296.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 296.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 545.30 296.48 Td (\(68) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.65 296.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 282.43 Td (Net cash pr) Tj ET Q q 0 0 0 rg BT 113.70 282.43 Td (ovided by \(used in\) financing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.50 282.32 Td (...........) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 348.30 282.48 Td (\(373) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.65 282.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.65 282.43 Td (95) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 282.43 Td (20) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 540.30 282.48 Td (\(258) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.65 282.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 268.43 Td (Effect of exchange rate changes on cash, cash equivalents ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 258.43 Td (and r) Tj ET Q q 0 0 0 rg BT 75.88 258.43 Td (estricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.50 258.32 Td (.....................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 358.30 258.48 Td (\(9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.65 258.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.30 258.48 Td (\(3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.65 258.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 258.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 545.30 258.48 Td (\(12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.65 258.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 244.43 Td (Incr) Tj ET Q q 0 0 0 rg BT 71.15 244.43 Td (ease in cash, cash equivalents and r) Tj ET Q q 0 0 0 rg BT 221.26 244.43 Td (estricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.50 244.32 Td (...........) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 356.65 244.43 Td (83) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.65 244.43 Td (29) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 244.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 543.65 244.43 Td (1) Tj ET Q q 0 0 0 rg BT 548.65 244.43 Td (12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 230.48 Td (Cash, cash equivalents and r) Tj ET Q q 0 0 0 rg BT 174.79 230.48 Td (estricted cash at beginning of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 220.53 Td (the year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.50 220.37 Td (.......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.15 223.43 Td (1,295) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.65 223.43 Td (150) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 223.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.15 223.43 Td (1,445) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 208.43 Td (Cash, cash equivalents and r) Tj ET Q q 0 0 0 rg BT 174.79 208.43 Td (estricted cash at end of the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 198.43 Td (year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 198.32 Td (..............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 313.00 198.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.15 198.43 Td (1,378) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.00 198.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.65 198.43 Td (179) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.00 198.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 198.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.00 198.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.15 198.43 Td (1,557) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 271 0 obj <> endobj 272 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.25 31.60 Td (E-23) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Condensed Statements of Cash Flows) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (Navistar) Tj ET Q q 0 0 0 rg BT 86.48 730.25 Td ( International Corporation ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (\(Manufacturing operations with financial services operations on an after) Tj ET Q q 0 0 0 rg BT 359.05 718.25 Td (-tax equity basis\)) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 694.75 m 370.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 694.75 m 374.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 694.75 m 434.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 694.75 m 438.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 694.75 m 498.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 694.75 m 502.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 694.75 m 562.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 657.75 m 370.5 657.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 657.75 m 434.5 657.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 657.75 m 498.5 657.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 657.75 m 562.5 657.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 453.75 m 370.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 453.75 m 434.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 453.75 m 498.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 453.75 m 562.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 438.75 m 370.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 438.75 m 434.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 438.75 m 498.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 438.75 m 562.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 438.75 m 370.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 438.75 m 434.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 438.75 m 498.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 438.75 m 562.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 334.75 m 370.5 334.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 334.75 m 434.5 334.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 334.75 m 498.5 334.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 334.75 m 562.5 334.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 319.75 m 370.5 319.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 334.75 m 434.5 334.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 319.75 m 434.5 319.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 319.75 m 498.5 319.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 319.75 m 562.5 319.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 304.75 m 370.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 304.75 m 434.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 304.75 m 498.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 304.75 m 562.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 280.75 m 370.5 280.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 280.75 m 434.5 280.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 280.75 m 498.5 280.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 280.75 m 562.5 280.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 243.75 m 370.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 222.75 m 370.5 222.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 220.75 m 370.5 220.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 243.75 m 434.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 222.75 m 434.5 222.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 220.75 m 434.5 220.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 243.75 m 498.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 222.75 m 498.5 222.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 220.75 m 498.5 220.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 243.75 m 562.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 222.75 m 562.5 222.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 220.75 m 562.5 220.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 372.70 698.98 Td (For) Tj ET Q q 0 0 0 rg BT 385.07 698.98 Td ( the ) Tj ET Q q 0 0 0 rg BT 399.51 698.98 Td (Y) Tj ET Q q 0 0 0 rg BT 404.69 698.98 Td (ear) Tj ET Q q 0 0 0 rg BT 415.28 698.98 Td ( Ended October) Tj ET Q q 0 0 0 rg BT 469.36 698.98 Td ( 31, 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 661.98 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 314.00 669.98 Td (Manufacturing) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 320.85 661.98 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.95 677.98 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.00 669.98 Td (Services) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 384.85 661.98 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 446.20 661.98 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.10 685.98 Td (Condensed) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 509.55 677.98 Td (Consolidated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 510.30 669.98 Td (Statement of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.30 661.98 Td (Cash Flows) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 648.43 Td (Cash flows fr) Tj ET Q q 0 0 0 rg BT 109.57 648.43 Td (om operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 633.42 Td (Net income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.50 633.32 Td (...................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 633.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.65 633.42 Td (368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 633.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 633.42 Td (71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 633.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.30 633.47 Td (\(71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 633.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 633.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 633.42 Td (368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 618.42 Td (Adjustments to reconcile net income to cash provided by \(used ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 608.42 Td (in\) operating activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 593.42 Td (Depreciation and amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.00 593.32 Td (................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.65 593.42 Td (139) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.65 593.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 593.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 593.42 Td (140) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 578.42 Td (Depreciation of equipment leased to others) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 578.32 Td (............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 578.42 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 578.42 Td (54) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 578.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 578.42 Td (71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 563.42 Td (Amortization of debt issuance costs and discount) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 563.32 Td (..................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 563.42 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.65 563.42 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 563.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 563.42 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 548.42 Td (Deferred income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.00 548.32 Td (............................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.65 548.42 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.30 548.47 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 548.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 548.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 548.42 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 533.42 Td (Asset impairment char) Tj ET Q q 0 0 0 rg BT 155.44 533.42 Td (ges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.50 533.32 Td (.......................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 533.42 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.65 533.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 533.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 533.42 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 518.42 Td (Equity in income of financial services af) Tj ET Q q 0 0 0 rg BT 226.98 518.42 Td (filiates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.50 518.32 Td (.....................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.30 518.47 Td (\(71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 518.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 518.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 518.42 Td (71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 518.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 503.42 Td (Dividends from financial services operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.50 503.32 Td (.........................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 503.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 503.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 503.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 503.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 488.42 Td (Dividends from non-consolidated af) Tj ET Q q 0 0 0 rg BT 209.51 488.42 Td (filiates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 488.32 Td (............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.65 488.42 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 488.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 488.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 488.42 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 473.42 Td (Change in intercompany receivables and payables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.00 473.32 Td (................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.30 473.47 Td (\(84) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 473.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 473.42 Td (84) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 473.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 473.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 458.42 Td (Other) Tj ET Q q 0 0 0 rg BT 87.37 458.42 Td (, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.00 458.32 Td (................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.65 458.42 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.30 458.47 Td (\(368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 458.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 458.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 458.47 Td (\(366) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 458.42 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 443.43 Td (Net cash pr) Tj ET Q q 0 0 0 rg BT 113.70 443.43 Td (ovided by \(used in\) operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.50 443.32 Td (...........) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.65 443.42 Td (417) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.30 443.47 Td (\(150) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 443.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 443.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 443.42 Td (267) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 429.43 Td (Cash flows fr) Tj ET Q q 0 0 0 rg BT 109.48 429.43 Td (om investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 414.42 Td (Purchases of marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.00 414.32 Td (..............................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.30 414.47 Td (\(251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 414.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 414.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 414.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 414.47 Td (\(251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 414.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 399.42 Td (Sales of marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.50 399.32 Td (.....................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.65 399.42 Td (460) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 399.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 399.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 399.42 Td (460) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 384.42 Td (Maturities of marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.50 384.32 Td (.............................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 384.42 Td (60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 384.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 384.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 384.42 Td (60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 369.42 Td (Capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.00 369.32 Td (....................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.30 369.47 Td (\(1) Tj ET Q q 0 0 0 rg BT 356.63 369.47 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 369.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.30 369.47 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 369.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 369.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 369.47 Td (\(1) Tj ET Q q 0 0 0 rg BT 548.63 369.47 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 369.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 354.42 Td (Purchase of equipment leased to others) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.50 354.32 Td (.......................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.30 354.47 Td (\(93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 354.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.30 354.47 Td (\(139) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 354.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 354.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 354.47 Td (\(232) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 354.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 339.42 Td (Other investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.50 339.32 Td (.............................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.65 339.42 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.65 339.42 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 339.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 339.42 Td (10) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 324.43 Td (Net cash pr) Tj ET Q q 0 0 0 rg BT 113.70 324.43 Td (ovided by \(used in\) investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.00 324.32 Td (............) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 324.42 Td (66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.30 324.47 Td (\(132) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 324.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 324.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 324.47 Td (\(66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 324.42 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 309.43 Td (Net cash pr) Tj ET Q q 0 0 0 rg BT 113.70 309.43 Td (ovided by financing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.50 309.32 Td (...........................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.65 309.42 Td (137) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 309.42 Td (277) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 309.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 309.42 Td (414) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 295.43 Td (Effect of exchange rate changes on cash, cash equivalents ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 285.43 Td (and r) Tj ET Q q 0 0 0 rg BT 75.88 285.43 Td (estricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.50 285.32 Td (.....................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.30 285.47 Td (\(15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 285.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.65 285.42 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 285.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 285.47 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 285.42 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 270.43 Td (Incr) Tj ET Q q 0 0 0 rg BT 71.15 270.43 Td (ease in cash, cash equivalents and r) Tj ET Q q 0 0 0 rg BT 221.26 270.43 Td (estricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.50 270.32 Td (...........) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.65 270.42 Td (605) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 270.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 270.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 270.42 Td (605) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 256.48 Td (Cash, cash equivalents and r) Tj ET Q q 0 0 0 rg BT 174.79 256.48 Td (estricted cash at beginning of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 246.48 Td (the year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.50 246.37 Td (.......................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.65 248.42 Td (690) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 248.42 Td (150) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 248.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 248.42 Td (840) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 234.48 Td (Cash, cash equivalents and r) Tj ET Q q 0 0 0 rg BT 174.79 234.48 Td (estricted cash at end of the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 224.48 Td (year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 224.37 Td (..............................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 226.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 226.42 Td (1,295) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 226.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 226.42 Td (150) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 226.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 226.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 226.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 226.42 Td (1,445) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 273 0 obj <> endobj 274 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.25 31.60 Td (E-24) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Condensed Statements of Cash Flows) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (Navistar) Tj ET Q q 0 0 0 rg BT 86.48 730.25 Td ( International Corporation ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (\(Manufacturing operations with financial services operations on an after) Tj ET Q q 0 0 0 rg BT 359.05 718.25 Td (-tax equity basis\)) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 694.75 m 370.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 694.75 m 374.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 694.75 m 434.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 694.75 m 438.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 694.75 m 498.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 694.75 m 502.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 694.75 m 562.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 657.75 m 370.5 657.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 657.75 m 434.5 657.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 657.75 m 498.5 657.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 694.75 m 562.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 657.75 m 562.5 657.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 421.75 m 370.5 421.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 421.75 m 434.5 421.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 421.75 m 498.5 421.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 421.75 m 562.5 421.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 406.75 m 370.5 406.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 406.75 m 434.5 406.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 406.75 m 498.5 406.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 406.75 m 562.5 406.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 406.75 m 370.5 406.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 406.75 m 434.5 406.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 406.75 m 498.5 406.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 406.75 m 562.5 406.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 302.75 m 370.5 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 302.75 m 434.5 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 302.75 m 498.5 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 302.75 m 562.5 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 287.75 m 370.5 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 302.75 m 434.5 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 287.75 m 434.5 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 287.75 m 498.5 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 287.75 m 562.5 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 272.75 m 370.5 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 272.75 m 434.5 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 272.75 m 498.5 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 272.75 m 562.5 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 248.75 m 370.5 248.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 248.75 m 434.5 248.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 248.75 m 498.5 248.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 248.75 m 562.5 248.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 205.75 m 370.5 205.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 184.75 m 370.5 184.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 182.75 m 370.5 182.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 205.75 m 434.5 205.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 184.75 m 434.5 184.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 182.75 m 434.5 182.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 205.75 m 498.5 205.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 184.75 m 498.5 184.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 182.75 m 498.5 182.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 205.75 m 562.5 205.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 184.75 m 562.5 184.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 182.75 m 562.5 182.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 372.70 698.98 Td (For) Tj ET Q q 0 0 0 rg BT 385.07 698.98 Td ( the ) Tj ET Q q 0 0 0 rg BT 399.51 698.98 Td (Y) Tj ET Q q 0 0 0 rg BT 404.69 698.98 Td (ear) Tj ET Q q 0 0 0 rg BT 415.28 698.98 Td ( Ended October) Tj ET Q q 0 0 0 rg BT 469.36 698.98 Td ( 31, 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 661.98 Td (\(in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 314.00 669.98 Td (Manufacturing) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 320.85 661.98 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.95 677.98 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.00 669.98 Td (Services) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 384.85 661.98 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 446.20 661.98 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 509.55 677.98 Td (Consolidated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 510.30 669.98 Td (Statement of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.85 661.98 Td (Operations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 648.43 Td (Cash flows fr) Tj ET Q q 0 0 0 rg BT 109.48 648.43 Td (om operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 633.42 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.50 633.32 Td (...................................................................................) 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