|                                                                                        |
|----------------------------------------------------------------------------------------|
|                                                                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                   |   | Three Months Ended April 30, 2012 |
|                                                                                   |   | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Consolidated Statement of Operations |
| (in millions)                                                                          |   |   |   |   |   |   |   |   |
| Sales of manufactured products                                                         |   | $ | 3,255 |  |   | $ | — |  |   | $ | — |  |   | $ | 3,255 |  |
| Finance revenues                                                                       |   | — |  |   | 67 |  |   | (24 | ) |   | 43 |  |
| Sales and revenues, net                                                                |   | 3,255 |  |   | 67 |  |   | (24 | ) |   | 3,298 |  |
| Costs of products sold                                                                 |   | 2,944 |  |   | — |  |   | — |  |   | 2,944 |  |
| Restructuring benefits                                                                 |   | 20 |  |   | — |  |   | — |  |   | 20 |  |
| Impairment of intangible assets                                                        |   | 38 |  |   | — |  |   | — |  |   | 38 |  |
| Selling, general and administrative expenses                                           |   | 359 |  |   | 20 |  |   | (1 | ) |   | 378 |  |
| Engineering and product development costs                                              |   | 134 |  |   | — |  |   | — |  |   | 134 |  |
| Interest expense                                                                       |   | 42 |  |   | 22 |  |   | (2 | ) |   | 62 |  |
| Other expense (income), net                                                            |   | 37 |  |   | (3 | ) |   | (21 | ) |   | 13 |  |
| Total costs and expenses                                                               |   | 3,574 |  |   | 39 |  |   | (24 | ) |   | 3,589 |  |
| Equity in loss of non-consolidated affiliates                                          |   | 4 |  |   | — |  |   | — |  |   | 4 |  |
| Income (loss) before income taxes and equity income from financial services operations |   | (323 | ) |   | 28 |  |   | — |  |   | (295 | ) |
| Equity income from financial services operations                                       |   | 18 |  |   |  |  |   | (18 | ) |   | — |  |
| Income (loss) before income taxes                                                      |   | (305 | ) |   | 28 |  |   | (18 | ) |   | (295 | ) |
| Income tax benefit (expense)                                                           |   | 143 |  |   | (10 | ) |   | — |  |   | 133 |  |
| Net income (loss)                                                                      |   | (162 | ) |   | 18 |  |   | (18 | ) |   | (162 | ) |
| Less: Income attributable to non-controlling interests                                 |   | 10 |  |   | — |  |   | — |  |   | 10 |  |
| Net income (loss) attributable to Navistar International Corporation                   |   | $ | (172 | ) |   | $ | 18 |  |   | $ | (18 | ) |   | $ | (172 | ) |

----

|                                                                                        |
|----------------------------------------------------------------------------------------|
|                                                                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                   |   | Six Months Ended April 30, 2012 |
|                                                                                   |   | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Consolidated Statement of Operations |
| (in millions)                                                                          |   |   |   |   |   |   |   |   |
| Sales of manufactured products                                                         |   | $ | 6,263 |  |   | $ | — |  |   | $ | — |  |   | $ | 6,263 |  |
| Finance revenues                                                                       |   | — |  |   | 135 |  |   | (48 | ) |   | 87 |  |
| Sales and revenues, net                                                                |   | 6,263 |  |   | 135 |  |   | (48 | ) |   | 6,350 |  |
| Costs of products sold                                                                 |   | 5,642 |  |   | — |  |   | — |  |   | 5,642 |  |
| Restructuring charges                                                                  |   | 20 |  |   | — |  |   | — |  |   | 20 |  |
| Impairment of intangible assets                                                        |   | 38 |  |   | — |  |   | — |  |   | 38 |  |
| Selling, general and administrative expenses                                           |   | 703 |  |   | 39 |  |   | (2 | ) |   | 740 |  |
| Engineering and product development costs                                              |   | 271 |  |   | — |  |   | — |  |   | 271 |  |
| Interest expense                                                                       |   | 79 |  |   | 47 |  |   | (3 | ) |   | 123 |  |
| Other expense (income), net                                                            |   | 69 |  |   | (5 | ) |   | (43 | ) |   | 21 |  |
| Total costs and expenses                                                               |   | 6,822 |  |   | 81 |  |   | (48 | ) |   | 6,855 |  |
| Equity in loss of non-consolidated affiliates                                          |   | 11 |  |   | — |  |   | — |  |   | 11 |  |
| Income (loss) before income taxes and equity income from financial services operations |   | (570 | ) |   | 54 |  |   | — |  |   | (516 | ) |
| Equity income from financial services operations                                       |   | 35 |  |   |   |   | (35 | ) |   | — |  |
| Income (loss) before income taxes                                                      |   | (535 | ) |   | 54 |  |   | (35 | ) |   | (516 | ) |
| Income tax benefit (expense)                                                           |   | 233 |  |   | (19 | ) |   | — |  |   | 214 |  |
| Net income (loss)                                                                      |   | (302 | ) |   | 35 |  |   | (35 | ) |   | (302 | ) |
| Less: Income attributable to non-controlling interests                                 |   | 23 |  |   | — |  |   | — |  |   | 23 |  |
| Net income (loss) attributable to Navistar International Corporation                   |   | $ | (325 | ) |   | $ | 35 |  |   | $ | (35 | ) |   | $ | (325 | ) |

----

| Condensed Statement of Revenues and ExpensesNavistar International Corporation (Manufacturing operations with financial services operations on an after-tax equity basis) |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                           |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                                                                                                      |   | Three Months Ended April 30, 2011(A) |
|                                                                                                                                                                      |   | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Consolidated Statement of Operations |
| (in millions)                                                                                                                                                             |   |   |   |   |   |   |   |   |
| Sales of manufactured products                                                                                                                                            |   | $ | 3,298 |  |   | $ | — |  |   | $ | — |  |   | $ | 3,298 |  |
| Finance revenues                                                                                                                                                          |   | — |  |   | 83 |  |   | (26 | ) |   | 57 |  |
| Sales and revenues, net                                                                                                                                                   |   | 3,298 |  |   | 83 |  |   | (26 | ) |   | 3,355 |  |
| Costs of products sold                                                                                                                                                    |   | 2,701 |  |   | — |  |   | — |  |   | 2,701 |  |
| Restructuring charges                                                                                                                                                     |   | 2 |  |   | — |  |   | — |  |   | 2 |  |
| Selling, general and administrative expenses                                                                                                                              |   | 334 |  |   | 21 |  |   | (1 | ) |   | 354 |  |
| Engineering and product development costs                                                                                                                                 |   | 137 |  |   | — |  |   | — |  |   | 137 |  |
| Interest expense                                                                                                                                                          |   | 38 |  |   | 26 |  |   | (2 | ) |   | 62 |  |
| Other expense (income), net                                                                                                                                               |   | 17 |  |   | (4 | ) |   | (23 | ) |   | (10 | ) |
| Total costs and expenses                                                                                                                                                  |   | 3,229 |  |   | 43 |  |   | (26 | ) |   | 3,246 |  |
| Equity in loss of non-consolidated affiliates                                                                                                                             |   | 16 |  |   | — |  |   | — |  |   | 16 |  |
| Income before income taxes and equity income from financial services operations                                                                                           |   | 53 |  |   | 40 |  |   | — |  |   | 93 |  |
| Equity income from financial services operations                                                                                                                          |   | 26 |  |   | — |  |   | (26 | ) |   | — |  |
| Income before income taxes                                                                                                                                                |   | 79 |  |   | 40 |  |   | (26 | ) |   | 93 |  |
| Income tax benefit (expense)                                                                                                                                              |   | 9 |  |   | (14 | ) |   | — |  |   | (5 | ) |
| Net income                                                                                                                                                                |   | 88 |  |   | 26 |  |   | (26 | ) |   | 88 |  |
| Less: Income attributable to non-controlling interests                                                                                                                    |   | 14 |  |   | — |  |   | — |  |   | 14 |  |
| Net income attributable to Navistar International Corporation                                                                                                             |   | $ | 74 |  |   | $ | 26 |  |   | $ | (26 | ) |   | $ | 74 |  |

----

|     |                                                                                                                                                                                                                                                                                                                                             |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (A) | Effective with the fourth quarter of 2011, the Company presents manufacturing operations with financial services operations on an after-tax equity basis. Previously, financial services was presented on a pre-tax equity basis. The three months ended April 30, 2011 amounts have been reclassified to conform to this presentation. |

| Condensed Statement of Revenues and ExpensesNavistar International Corporation (Manufacturing operations with financial services operations on an after-tax equity basis) |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                           |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                                                                                                      |   | Six Months Ended April 30, 2011(A) |
|                                                                                                                                                                      |   | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Consolidated Statement of Operations |
| (in millions)                                                                                                                                                             |   |   |   |   |   |   |   |   |
| Sales of manufactured products                                                                                                                                            |   | $ | 5,991 |  |   | $ | — |  |   | $ | — |  |   | $ | 5,991 |  |
| Finance revenues                                                                                                                                                          |   | — |  |   | 156 |  |   | (49 | ) |   | 107 |  |
| Sales and revenues, net                                                                                                                                                   |   | 5,991 |  |   | 156 |  |   | (49 | ) |   | 6,098 |  |
| Costs of products sold                                                                                                                                                    |   | 4,900 |  |   | — |  |   | — |  |   | 4,900 |  |
| Restructuring charges                                                                                                                                                     |   | 23 |  |   | 1 |  |   | — |  |   | 24 |  |
| Selling, general and administrative expenses                                                                                                                              |   | 636 |  |   | 38 |  |   | (2 | ) |   | 672 |  |
| Engineering and product development costs                                                                                                                                 |   | 266 |  |   | — |  |   | — |  |   | 266 |  |
| Interest expense                                                                                                                                                          |   | 74 |  |   | 56 |  |   | (5 | ) |   | 125 |  |
| Other expense (income), net                                                                                                                                               |   | 32 |  |   | (11 | ) |   | (42 | ) |   | (21 | ) |
| Total costs and expenses                                                                                                                                                  |   | 5,931 |  |   | 84 |  |   | (49 | ) |   | 5,966 |  |
| Equity in loss of non-consolidated affiliates                                                                                                                             |   | 33 |  |   | — |  |   | — |  |   | 33 |  |
| Income before income taxes and equity income from financial services operations                                                                                           |   | 27 |  |   | 72 |  |   | — |  |   | 99 |  |
| Equity income from financial services operations                                                                                                                          |   | 47 |  |   | — |  |   | (47 | ) |   | — |  |
| Income before income taxes                                                                                                                                                |   | 74 |  |   | 72 |  |   | (47 | ) |   | 99 |  |
| Income tax benefit (expense)                                                                                                                                              |   | 20 |  |   | (25 | ) |   | — |  |   | (5 | ) |
| Net income                                                                                                                                                                |   | 94 |  |   | 47 |  |   | (47 | ) |   | 94 |  |
| Less: Income attributable to non-controlling interests                                                                                                                    |   | 26 |  |   | — |  |   | — |  |   | 26 |  |
| Net income attributable to Navistar International Corporation                                                                                                             |   | $ | 68 |  |   | $ | 47 |  |   | $ | (47 | ) |   | $ | 68 |  |

|     |                                                                                                                                                                                                                                                                                                                                           |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (A) | Effective with the fourth quarter of 2011, the Company presents manufacturing operations with financial services operations on an after-tax equity basis. Previously, financial services was presented on a pre-tax equity basis. The six months ended April 30, 2011 amounts have been reclassified to conform to this presentation. |

----

| Condensed Statements of Assets, Liabilities, and Stockholders' DeficitNavistar International Corporation (Manufacturing operations with financial services operations on an after-tax equity basis) |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                     |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                                                                                                                                |   | As of April 30, 2012 |
|                                                                                                                                                                                                |   | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Consolidated Balance Sheet |
| (in millions)                                                                                                                                                                                       |   |   |   |   |   |   |   |   |
| Assets                                                                                                                                                                                              |   |   |   |   |   |   |   |   |
| Cash and cash equivalents                                                                                                                                                                           |   | $ | 364 |  |   | $ | 36 |  |   | $ | — |  |   | $ | 400 |  |
| Marketable securities                                                                                                                                                                               |   | 317 |  |   | 20 |  |   | — |  |   | 337 |  |
| Restricted cash and cash equivalents                                                                                                                                                                |   | 21 |  |   | 124 |  |   | — |  |   | 145 |  |
| Finance and other receivables, net                                                                                                                                                                  |   | 959 |  |   | 2,814 |  |   | (174 | ) |   | 3,599 |  |
| Inventories                                                                                                                                                                                         |   | 1,942 |  |   | 6 |  |   | — |  |   | 1,948 |  |
| Goodwill                                                                                                                                                                                            |   | 295 |  |   | — |  |   | — |  |   | 295 |  |
| Property and equipment, net                                                                                                                                                                         |   | 1,534 |  |   | 156 |  |   | — |  |   | 1,690 |  |
| Investments in and advances to financial services operations                                                                                                                                        |   | 600 |  |   | — |  |   | (600 | ) |   | — |  |
| Investments in non-consolidated affiliates                                                                                                                                                          |   | 58 |  |   | — |  |   | — |  |   | 58 |  |
| Deferred taxes, net                                                                                                                                                                                 |   | 2,213 |  |   | 25 |  |   | — |  |   | 2,238 |  |
| Other assets                                                                                                                                                                                        |   | 638 |  |   | 36 |  |   | — |  |   | 674 |  |
| Total assets                                                                                                                                                                                        |   | $ | 8,941 |  |   | $ | 3,217 |  |   | $ | (774 | ) |   | $ | 11,384 |  |
| Liabilities and stockholders' equity (deficit)                                                                                                                                                      |   |   |   |   |   |   |   |   |
| Accounts payable                                                                                                                                                                                    |   | $ | 2,077 |  |   | $ | 24 |  |   | $ | (174 | ) |   | $ | 1,927 |  |
| Debt                                                                                                                                                                                                |   | 2,028 |  |   | 2,469 |  |   | — |  |   | 4,497 |  |
| Postretirement benefits liabilities                                                                                                                                                                 |   | 3,162 |  |   | 52 |  |   | — |  |   | 3,214 |  |
| Other liabilities                                                                                                                                                                                   |   | 2,081 |  |   | 72 |  |   | — |  |   | 2,153 |  |
| Total liabilities                                                                                                                                                                                   |   | 9,348 |  |   | 2,617 |  |   | (174 | ) |   | 11,791 |  |
| Redeemable equity securities                                                                                                                                                                        |   | 5 |  |   | — |  |   | — |  |   | 5 |  |
| Stockholders' equity attributable to non-controlling interest                                                                                                                                       |   | 43 |  |   | — |  |   | — |  |   | 43 |  |
| Stockholders' equity (deficit) attributable to controlling interest                                                                                                                                 |   | (455 | ) |   | 600 |  |   | (600 | ) |   | (455 | ) |
| Total liabilities and stockholders' equity (deficit)                                                                                                                                                |   | $ | 8,941 |  |   | $ | 3,217 |  |   | $ | (774 | ) |   | $ | 11,384 |  |

----

| Condensed Statements of Assets, Liabilities, and Stockholders' DeficitNavistar International Corporation (Manufacturing operations with financial services operations on an after-tax equity basis) |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                     |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                                                                                                                                |   | As of October 31, 2011 |
|                                                                                                                                                                                                |   | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Consolidated Balance Sheet |
| (in millions)                                                                                                                                                                                       |   |   |   |   |   |   |   |   |
| Assets                                                                                                                                                                                              |   |   |   |   |   |   |   |   |
| Cash and cash equivalents                                                                                                                                                                           |   | $ | 488 |  |   | $ | 51 |  |   | $ | — |  |   | $ | 539 |  |
| Marketable securities                                                                                                                                                                               |   | 698 |  |   | 20 |  |   | — |  |   | 718 |  |
| Restricted cash and cash equivalents                                                                                                                                                                |   | 29 |  |   | 298 |  |   | — |  |   | 327 |  |
| Finance and other receivables, net                                                                                                                                                                  |   | 1,341 |  |   | 3,007 |  |   | (94 | ) |   | 4,254 |  |
| Inventories                                                                                                                                                                                         |   | 1,704 |  |   | 10 |  |   | — |  |   | 1,714 |  |
| Goodwill                                                                                                                                                                                            |   | 319 |  |   | — |  |   | — |  |   | 319 |  |
| Property and equipment, net                                                                                                                                                                         |   | 1,433 |  |   | 137 |  |   | — |  |   | 1,570 |  |
| Investments in and advances to financial services operations                                                                                                                                        |   | 564 |  |   | — |  |   | (564 | ) |   | — |  |
| Investments in non-consolidated affiliates                                                                                                                                                          |   | 60 |  |   | — |  |   | — |  |   | 60 |  |
| Deferred taxes, net                                                                                                                                                                                 |   | 2,031 |  |   | 26 |  |   | — |  |   | 2,057 |  |
| Other assets                                                                                                                                                                                        |   | 705 |  |   | 28 |  |   | — |  |   | 733 |  |
| Total assets                                                                                                                                                                                        |   | $ | 9,372 |  |   | $ | 3,577 |  |   | $ | (658 | ) |   | $ | 12,291 |  |
| Liabilities and stockholders' equity (deficit)                                                                                                                                                      |   |   |   |   |   |   |   |   |
| Accounts payable                                                                                                                                                                                    |   | $ | 2,194 |  |   | $ | 22 |  |   | $ | (94 | ) |   | $ | 2,122 |  |
| Debt                                                                                                                                                                                                |   | 1,980 |  |   | 2,876 |  |   | — |  |   | 4,856 |  |
| Postretirement benefits liabilities                                                                                                                                                                 |   | 3,262 |  |   | 54 |  |   | — |  |   | 3,316 |  |
| Other liabilities                                                                                                                                                                                   |   | 1,908 |  |   | 61 |  |   | — |  |   | 1,969 |  |
| Total liabilities                                                                                                                                                                                   |   | 9,344 |  |   | 3,013 |  |   | (94 | ) |   | 12,263 |  |
| Redeemable equity securities                                                                                                                                                                        |   | 5 |  |   | — |  |   | — |  |   | 5 |  |
| Stockholders' equity attributable to non-controlling interest                                                                                                                                       |   | 50 |  |   | — |  |   | — |  |   | 50 |  |
| Stockholders' equity (deficit) attributable to controlling interest                                                                                                                                 |   | (27 | ) |   | 564 |  |   | (564 | ) |   | (27 | ) |
| Total liabilities and stockholders' equity (deficit)                                                                                                                                                |   | $ | 9,372 |  |   | $ | 3,577 |  |   | $ | (658 | ) |   | $ | 12,291 |  |

----

| Condensed Statement of Cash ActivityNavistar International Corporation (Manufacturing operations with financial services operations on an after-tax equity basis) |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                                                                                              |   | Six Months Ended April 30, 2012 |
|                                                                                                                                                              |   | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Condensed Consolidated Statement of Cash Flows |
| (in millions)                                                                                                                                                     |   |   |   |   |   |   |   |   |
| Cash flows from operating activities                                                                                                                              |   |   |   |   |   |   |   |   |
| Net income (loss)                                                                                                                                                 |   | $ | (302 | ) |   | $ | 35 |  |   | $ | (35 | ) |   | $ | (302 | ) |
| Adjustments to reconcile net income to cash provided by operating activities:                                                                                     |   |   |   |   |   |   |   |   |
| Depreciation and amortization                                                                                                                                     |   | 135 |  |   | 1 |  |   | — |  |   | 136 |  |
| Depreciation of equipment leased to others                                                                                                                        |   | 9 |  |   | 15 |  |   | — |  |   | 24 |  |
| Amortization of debt issuance costs and discount                                                                                                                  |   | 14 |  |   | 5 |  |   | — |  |   | 19 |  |
| Deferred income taxes                                                                                                                                             |   | (203 | ) |   | — |  |   | — |  |   | (203 | ) |
| Impairment of intangible assets                                                                                                                                   |   | 38 |  |   | — |  |   | — |  |   | 38 |  |
| Equity in loss of non-consolidated affiliates                                                                                                                     |   | 11 |  |   | — |  |   | — |  |   | 11 |  |
| Equity in income of financial services affiliates                                                                                                                 |   | (35 | ) |   | — |  |   | 35 |  |   | — |  |
| Dividends from non-consolidated affiliates                                                                                                                        |   | 4 |  |   | — |  |   | — |  |   | 4 |  |
| Change in intercompany receivables and payables                                                                                                                   |   | 80 |  |   | (80 | ) |   | — |  |   | — |  |
| Other, net                                                                                                                                                        |   | 35 |  |   | 287 |  |   | — |  |   | 322 |  |
| Net cash provided by (used in) operating activities                                                                                                               |   | (214 | ) |   | 263 |  |   | — |  |   | 49 |  |
| Cash flows from investing activities                                                                                                                              |   |   |   |   |   |   |   |  |  |
| Purchases of marketable securities                                                                                                                                |   | (563 | ) |   | — |  |   | — |  |   | (563 | ) |
| Sales or maturities of marketable securities                                                                                                                      |   | 944 |  |   | — |  |   | — |  |   | 944 |  |
| Net change in restricted cash and cash equivalents                                                                                                                |   | 8 |  |   | 174 |  |   | — |  |   | 182 |  |
| Capital expenditures                                                                                                                                              |   | (174 | ) |   | (2 | ) |   | — |  |   | (176 | ) |
| Purchase of equipment leased to others                                                                                                                            |   | 1 |  |   | (29 | ) |   | — |  |   | (28 | ) |
| Acquisition of intangibles                                                                                                                                        |   | (14 | ) |   | — |  |   | — |  |   | (14 | ) |
| Business acquisitions, net of cash received                                                                                                                       |   | (10 | ) |   | — |  |   | — |  |   | (10 | ) |
| Other investing activities                                                                                                                                        |   | (11 | ) |   | 1 |  |   | — |  |   | (10 | ) |
| Net cash provided by investing activities                                                                                                                         |   | 181 |  |   | 144 |  |   | — |  |   | 325 |  |
| Net cash used in financing activities                                                                                                                             |   | (87 | ) |   | (423 | ) |   | — |  |   | (510 | ) |
| Effect of exchange rate changes on cash and cash equivalents                                                                                                      |   | (4 | ) |   | 1 |  |   | — |  |   | (3 | ) |
| Decrease in cash and cash equivalents                                                                                                                             |   | (124 | ) |   | (15 | ) |   | — |  |   | (139 | ) |
| Cash and cash equivalents at beginning of the period                                                                                                              |   | 488 |  |   | 51 |  |   | — |  |   | 539 |  |
| Cash and cash equivalents at end of the period                                                                                                                    |   | $ | 364 |  |   | $ | 36 |  |   | $ | — |  |   | $ | 400 |  |

----

| Condensed Statement of Cash ActivityNavistar International Corporation (Manufacturing operations with financial services operations on an after-tax equity basis) |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                                                                                              |   | Six Months Ended April 30, 2011(A) |
|                                                                                                                                                              |   | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Condensed Consolidated Statement of Cash Flows |
| (in millions)                                                                                                                                                     |   |   |   |   |   |   |   |   |
| Cash flows from operating activities                                                                                                                              |   |   |   |   |   |   |   |   |
| Net income                                                                                                                                                        |   | $ | 94 |  |   | $ | 47 |  |   | $ | (47 | ) |   | $ | 94 |  |
| Adjustments to reconcile net income to cash provided by operating activities:                                                                                     |   |   |   |   |   |   |   |   |
| Depreciation and amortization                                                                                                                                     |   | 141 |  |   | 2 |  |   | — |  |   | 143 |  |
| Depreciation of equipment leased to others                                                                                                                        |   | 7 |  |   | 11 |  |   | — |  |   | 18 |  |
| Amortization of debt issuance costs and discount                                                                                                                  |   | 14 |  |   | 8 |  |   | — |  |   | 22 |  |
| Deferred income taxes                                                                                                                                             |   | (4 | ) |   | (1 | ) |   | — |  |   | (5 | ) |
| Equity in loss of non-consolidated affiliates                                                                                                                     |   | 33 |  |   | — |  |   | — |  |   | 33 |  |
| Equity in income of financial services affiliates                                                                                                                 |   | (47 | ) |   | — |  |   | 47 |  |   | — |  |
| Dividends from non-consolidated affiliates                                                                                                                        |   | 2 |  |   | — |  |   | — |  |   | 2 |  |
| Change in intercompany receivables and payables                                                                                                                   |   | 41 |  |   | (41 | ) |   | — |  |   | — |  |
| Other, net                                                                                                                                                        |   | (109 | ) |   | 28 |  |   | — |  |   | (81 | ) |
| Net cash provided by operating activities                                                                                                                         |   | 172 |  |   | 54 |  |   | — |  |   | 226 |  |
| Cash flows from investing activities                                                                                                                              |   |   |   |   |   |   |   |   |
| Purchases of marketable securities                                                                                                                                |   | (721 | ) |   | — |  |   | — |  |   | (721 | ) |
| Sales or maturities of marketable securities                                                                                                                      |   | 569 |  |   | — |  |   | — |  |   | 569 |  |
| Net change in restricted cash and cash equivalents                                                                                                                |   | — |  |   | (8 | ) |   | — |  |   | (8 | ) |
| Capital expenditures                                                                                                                                              |   | (185 | ) |   | — |  |   | — |  |   | (185 | ) |
| Purchase of equipment leased to others                                                                                                                            |   | (1 | ) |   | (22 | ) |   | — |  |   | (23 | ) |
| Other investing activities                                                                                                                                        |   | (10 | ) |   | 4 |  |   | — |  |   | (6 | ) |
| Net cash used in investing activities                                                                                                                             |   | (348 | ) |   | (26 | ) |   | — |  |   | (374 | ) |
| Net cash used in financing activities                                                                                                                             |   | (5 | ) |   | (53 | ) |   | — |  |   | (58 | ) |
| Effect of exchange rate changes on cash and cash equivalents                                                                                                      |   | 8 |  |   | 3 |  |   | — |  |   | 11 |  |
| Decrease in cash and cash equivalents                                                                                                                             |   | (173 | ) |   | (22 | ) |   | — |  |   | (195 | ) |
| Cash and cash equivalents at beginning of the period                                                                                                              |   | 534 |  |   | 51 |  |   | — |  |   | 585 |  |
| Cash and cash equivalents at end of the period                                                                                                                    |   | $ | 361 |  |   | $ | 29 |  |   | $ | — |  |   | $ | 390 |  |

|     |                                                                                                                                                                                                                                                                                                                                           |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (A) | Effective with the fourth quarter of 2011, the Company presents manufacturing operations with financial services operations on an after-tax equity basis. Previously, financial services was presented on a pre-tax equity basis. The six months ended April 30, 2011 amounts have been reclassified to conform to this presentation. |