|                                                                                        |
|----------------------------------------------------------------------------------------|
|                                                                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                   | For the Three Months Ended January 31, 2014 |
| (in millions)                                                                          | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Consolidated Statement of Operations |
| Sales of manufactured products                                                         | $ | 2,169 |  |   | $ | — |  |   | $ | — |  |   | $ | 2,169 |  |
| Finance revenues                                                                       | — |  |   | 55 |  |   | (16 | ) |   | 39 |  |
| Sales and revenues, net                                                                | 2,169 |  |   | 55 |  |   | (16 | ) |   | 2,208 |  |
| Costs of products sold                                                                 | 2,014 |  |   | — |  |   | — |  |   | 2,014 |  |
| Restructuring charges                                                                  | 3 |  |   | — |  |   | — |  |   | 3 |  |
| Asset impairment charges                                                               | 18 |  |   | — |  |   | — |  |   | 18 |  |
| Selling, general and administrative expenses                                           | 216 |  |   | 24 |  |   | (1 | ) |   | 239 |  |
| Engineering and product development costs                                              | 90 |  |   | — |  |   | — |  |   | 90 |  |
| Interest expense                                                                       | 65 |  |   | 17 |  |   | — |  |   | 82 |  |
| Other expense (income), net                                                            | 37 |  |   | (8 | ) |   | (15 | ) |   | 14 |  |
| Total costs and expenses                                                               | 2,443 |  |   | 33 |  |   | (16 | ) |   | 2,460 |  |
| Equity in income (loss) of non-consolidated affiliates                                 | — |  |   | — |  |   | — |  |   | — |  |
| Income (loss) before equity income from financial services operations and income taxes | (274 | ) |   | 22 |  |   | — |  |   | (252 | ) |
| Equity income from financial services operations                                       | 14 |  |   | — |  |   | (14 | ) |   | — |  |
| Income (loss) from continuing operations before income taxes                           | (260 | ) |   | 22 |  |   | (14 | ) |   | (252 | ) |
| Income tax benefit (expense)                                                           | 20 |  |   | (8 | ) |   | — |  |   | 12 |  |
| Income (loss) from continuing operations                                               | (240 | ) |   | 14 |  |   | (14 | ) |   | (240 | ) |
| Income from discontinued operations, net of tax                                        | 1 |  |   | — |  |   | — |  |   | 1 |  |
| Net income (loss)                                                                      | (239 | ) |   | 14 |  |   | (14 | ) |   | (239 | ) |
| Less: Income attributable to non-controlling interests                                 | 9 |  |   | — |  |   | — |  |   | 9 |  |
| Net income (loss) attributable to Navistar International Corporation                   | $ | (248 | ) |   | $ | 14 |  |   | $ | (14 | ) |   | $ | (248 | ) |

----

|                                                                                        |
|----------------------------------------------------------------------------------------|
|                                                                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                   | For the Three Months Ended January 31, 2013 |
| (in millions)                                                                          | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Consolidated Statement of Operations |
| Sales of manufactured products                                                         | $ | 2,598 |  |   | $ | — |  |   | $ | — |  |   | $ | 2,598 |  |
| Finance revenues                                                                       | — |  |   | 59 |  |   | (20 | ) |   | 39 |  |
| Sales and revenues, net                                                                | 2,598 |  |   | 59 |  |   | (20 | ) |   | 2,637 |  |
| Costs of products sold                                                                 | 2,286 |  |   | — |  |   | — |  |   | 2,286 |  |
| Restructuring charges                                                                  | 1 |  |   | 1 |  |   | — |  |   | 2 |  |
| Selling, general and administrative expenses                                           | 266 |  |   | 20 |  |   | (1 | ) |   | 285 |  |
| Engineering and product development costs                                              | 111 |  |   | — |  |   | — |  |   | 111 |  |
| Interest expense                                                                       | 57 |  |   | 18 |  |   | (1 | ) |   | 74 |  |
| Other income, net                                                                      | (18 | ) |   | (2 | ) |   | (18 | ) |   | (38 | ) |
| Total costs and expenses                                                               | 2,703 |  |   | 37 |  |   | (20 | ) |   | 2,720 |  |
| Equity in loss of non-consolidated affiliates                                          | (1 | ) |   | — |  |   | — |  |   | (1 | ) |
| Income (loss) before equity income from financial services operations and income taxes | (106 | ) |   | 22 |  |   | — |  |   | (84 | ) |
| Equity income from financial services operations                                       | 14 |  |   | — |  |   | (14 | ) |   | — |  |
| Income (loss) from continuing operations before income taxes                           | (92 | ) |   | 22 |  |   | (14 | ) |   | (84 | ) |
| Income tax expense                                                                     | (7 | ) |   | (8 | ) |   | — |  |   | (15 | ) |
| Income (loss) from continuing operations                                               | (99 | ) |   | 14 |  |   | (14 | ) |   | (99 | ) |
| Loss from discontinued operations, net of tax                                          | (9 | ) |   | — |  |   | — |  |   | (9 | ) |
| Net income (loss)                                                                      | (108 | ) |   | 14 |  |   | (14 | ) |   | (108 | ) |
| Less: Income attributable to non-controlling interests                                 | 15 |  |   | — |  |   | — |  |   | 15 |  |
| Net income (loss) attributable to Navistar International Corporation                   | $ | (123 | ) |   | $ | 14 |  |   | $ | (14 | ) |   | $ | (123 | ) |

----

|                                                                     |
|---------------------------------------------------------------------|
|                                                                     |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                | As of January 31, 2014 |
| (in millions)                                                       | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Consolidated Balance Sheet |
| Assets                                                              |   |   |   |   |   |   |   |
| Cash and cash equivalents                                           | $ | 503 |  |   | $ | 46 |  |   | $ | — |  |   | $ | 549 |  |
| Marketable securities                                               | 596 |  |   | 34 |  |   | — |  |   | 630 |  |
| Restricted cash                                                     | 22 |  |   | 93 |  |   | — |  |   | 115 |  |
| Finance and other receivables, net                                  | 581 |  |   | 2,032 |  |   | (268 | ) |   | 2,345 |  |
| Inventories                                                         | 1,368 |  |   | 14 |  |   | — |  |   | 1,382 |  |
| Goodwill                                                            | 170 |  |   | — |  |   | — |  |   | 170 |  |
| Property and equipment, net                                         | 1,466 |  |   | 234 |  |   | — |  |   | 1,700 |  |
| Investments in and advances to financial services operations        | 695 |  |   | — |  |   | (695 | ) |   | — |  |
| Investments in non-consolidated affiliates                          | 75 |  |   | — |  |   | — |  |   | 75 |  |
| Deferred taxes, net                                                 | 203 |  |   | 26 |  |   | — |  |   | 229 |  |
| Other assets                                                        | 427 |  |   | 32 |  |   | — |  |   | 459 |  |
| Total assets                                                        | $ | 6,106 |  |   | $ | 2,511 |  |   | $ | (963 | ) |   | $ | 7,654 |  |
| Liabilities and stockholders' equity (deficit)                      |   |   |   |   |   |   |   |
| Accounts payable                                                    | $ | 1,662 |  |   | $ | 36 |  |   | $ | (268 | ) |   | $ | 1,430 |  |
| Debt                                                                | 3,212 |  |   | 1,652 |  |   | — |  |   | 4,864 |  |
| Postretirement benefits liabilities                                 | 2,583 |  |   | 37 |  |   | — |  |   | 2,620 |  |
| Other liabilities                                                   | 2,526 |  |   | 91 |  |   | — |  |   | 2,617 |  |
| Total liabilities                                                   | 9,983 |  |   | 1,816 |  |   | (268 | ) |   | 11,531 |  |
| Redeemable equity securities                                        | 2 |  |   | — |  |   | — |  |   | 2 |  |
| Stockholders' equity attributable to non-controlling interest       | 33 |  |   | — |  |   | — |  |   | 33 |  |
| Stockholders' equity (deficit) attributable to controlling interest | (3,912 | ) |   | 695 |  |   | (695 | ) |   | (3,912 | ) |
| Total liabilities and stockholders' equity (deficit)                | $ | 6,106 |  |   | $ | 2,511 |  |   | $ | (963 | ) |   | $ | 7,654 |  |

----

|                                                                     |
|---------------------------------------------------------------------|
|                                                                     |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                | As of October 31, 2013 |
| (in millions)                                                       | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Consolidated Balance Sheet |
| Assets                                                              |   |   |   |   |   |   |   |
| Cash and cash equivalents                                           | $ | 727 |  |   | $ | 28 |  |   | $ | — |  |   | $ | 755 |  |
| Marketable securities                                               | 796 |  |   | 34 |  |   | — |  |   | 830 |  |
| Restricted cash                                                     | 26 |  |   | 65 |  |   | — |  |   | 91 |  |
| Finance and other receivables, net                                  | 767 |  |   | 2,284 |  |   | (350 | ) |   | 2,701 |  |
| Inventories                                                         | 1,194 |  |   | 16 |  |   | — |  |   | 1,210 |  |
| Goodwill                                                            | 184 |  |   | — |  |   | — |  |   | 184 |  |
| Property and equipment, net                                         | 1,521 |  |   | 220 |  |   | — |  |   | 1,741 |  |
| Investments in and advances to financial services operations        | 686 |  |   | — |  |   | (686 | ) |   | — |  |
| Investments in non-consolidated affiliates                          | 77 |  |   | — |  |   | — |  |   | 77 |  |
| Deferred taxes, net                                                 | 204 |  |   | 27 |  |   | — |  |   | 231 |  |
| Other assets                                                        | 464 |  |   | 31 |  |   | — |  |   | 495 |  |
| Total assets                                                        | $ | 6,646 |  |   | $ | 2,705 |  |   | $ | (1,036 | ) |   | $ | 8,315 |  |
| Liabilities and stockholders' equity (deficit)                      |   |   |   |   |   |   |   |
| Accounts payable                                                    | $ | 1,824 |  |   | $ | 28 |  |   | $ | (350 | ) |   | $ | 1,502 |  |
| Debt                                                                | 3,219 |  |   | 1,866 |  |   | — |  |   | 5,085 |  |
| Postretirement benefits liabilities                                 | 2,614 |  |   | 38 |  |   | — |  |   | 2,652 |  |
| Other liabilities                                                   | 2,590 |  |   | 87 |  |   | — |  |   | 2,677 |  |
| Total liabilities                                                   | 10,247 |  |   | 2,019 |  |   | (350 | ) |   | 11,916 |  |
| Redeemable equity securities                                        | 4 |  |   | — |  |   | — |  |   | 4 |  |
| Stockholders' equity attributable to non-controlling interest       | 44 |  |   | — |  |   | — |  |   | 44 |  |
| Stockholders' equity (deficit) attributable to controlling interest | (3,649 | ) |   | 686 |  |   | (686 | ) |   | (3,649 | ) |
| Total liabilities and stockholders' equity (deficit)                | $ | 6,646 |  |   | $ | 2,705 |  |   | $ | (1,036 | ) |   | $ | 8,315 |  |

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|                                                                                                |
|------------------------------------------------------------------------------------------------|
|                                                                                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                           | For the Three Months Ended January, 2014 |
| (in millions)                                                                                  | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Condensed Consolidated Statement of Cash Flows |
| Cash flows from operating activities                                                           |   |   |   |   |   |   |   |
| Net income (loss)                                                                              | $ | (239 | ) |   | $ | 14 |  |   | $ | (14 | ) |   | $ | (239 | ) |
| Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities: |   |   |   |   |   |   |   |
| Depreciation and amortization                                                                  | 55 |  |   | — |  |   | — |  |   | 55 |  |
| Depreciation of equipment leased to others                                                     | 21 |  |   | 10 |  |   | — |  |   | 31 |  |
| Amortization of debt issuance costs and discount                                               | 11 |  |   | 3 |  |   | — |  |   | 14 |  |
| Deferred income taxes                                                                          | (18 | ) |   | — |  |   | — |  |   | (18 | ) |
| Impairment of property and equipment and intangible assets                                     | 18 |  |   | — |  |   | — |  |   | 18 |  |
| Equity in income of financial services affiliates                                              | (14 | ) |   | — |  |   | 14 |  |   | — |  |
| Dividends from non-consolidated affiliates                                                     | 2 |  |   | — |  |   | — |  |   | 2 |  |
| Change in intercompany receivables and payables                                                | (83 | ) |   | 83 |  |   | — |  |   | — |  |
| Other, net                                                                                     | (121 | ) |   | 165 |  |   | — |  |   | 44 |  |
| Net cash provided by (used in) operating activities                                            | (368 | ) |   | 275 |  |   | — |  |   | (93 | ) |
| Cash flows from investing activities                                                           |   |   |   |   |   |   |  |  |
| Purchases of marketable securities                                                             | (378 | ) |   | — |  |   | — |  |   | (378 | ) |
| Sales or maturities of marketable securities                                                   | 578 |  |   | — |  |   | — |  |   | 578 |  |
| Net change in restricted cash and cash equivalents                                             | 5 |  |   | (29 | ) |   | — |  |   | (24 | ) |
| Capital expenditures                                                                           | (21 | ) |   | — |  |   | — |  |   | (21 | ) |
| Purchase of equipment leased to others                                                         | (16 | ) |   | (33 | ) |   | — |  |   | (49 | ) |
| Other investing activities                                                                     | 1 |  |   | 7 |  |   | — |  |   | 8 |  |
| Net cash provided by (used in) investing activities                                            | 169 |  |   | (55 | ) |   | — |  |   | 114 |  |
| Net cash used in financing activities                                                          | (3 | ) |   | (203 | ) |   | — |  |   | (206 | ) |
| Effect of exchange rate changes on cash and cash equivalents                                   | (22 | ) |   | 1 |  |   | — |  |   | (21 | ) |
| Income (decrease) in cash and cash equivalents                                                 | (224 | ) |   | 18 |  |   | — |  |   | (206 | ) |
| Cash and cash equivalents at beginning of the year                                             | 727 |  |   | 28 |  |   | — |  |   | 755 |  |
| Cash and cash equivalents at end of the year                                                   | $ | 503 |  |   | $ | 46 |  |   | $ | — |  |   | $ | 549 |  |

----

|                                                                                                |
|------------------------------------------------------------------------------------------------|
|                                                                                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                           | For the Three Months Ended January 31, 2013 |
| (in millions)                                                                                  | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Condensed Consolidated Statement of Cash Flows |
| Cash flows from operating activities                                                           |   |   |   |   |   |   |   |
| Net income (loss)                                                                              | $ | (108 | ) |   | $ | 14 |  |   | $ | (14 | ) |   | $ | (108 | ) |
| Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities: |   |   |   |   |   |   |   |
| Depreciation and amortization                                                                  | 89 |  |   | — |  |   | — |  |   | 89 |  |
| Depreciation of equipment leased to others                                                     | 2 |  |   | 9 |  |   | — |  |   | 11 |  |
| Amortization of debt issuance costs and discount                                               | 13 |  |   | 3 |  |   | — |  |   | 16 |  |
| Deferred income taxes                                                                          | (9 | ) |   | — |  |   | — |  |   | (9 | ) |
| Equity in loss of non-consolidated affiliates                                                  | 1 |  |   | — |  |   | — |  |   | 1 |  |
| Equity in income of financial services affiliates                                              | (14 | ) |   | — |  |   | 14 |  |   | — |  |
| Dividends from non-consolidated affiliates                                                     | 2 |  |   | — |  |   | — |  |   | 2 |  |
| Change in intercompany receivables and payables                                                | (81 | ) |   | 81 |  |   | — |  |   | — |  |
| Other, net                                                                                     | (98 | ) |   | 162 |  |   | — |  |   | 64 |  |
| Net cash provided by (used in) operating activities                                            | (203 | ) |   | 269 |  |   | — |  |   | 66 |  |
| Cash flows from investing activities                                                           |   |   |   |   |   |   |   |
| Purchases of marketable securities                                                             | (482 | ) |   | — |  |   | — |  |   | (482 | ) |
| Sales or maturities of marketable securities                                                   | 177 |  |   | — |  |   | — |  |   | 177 |  |
| Net change in restricted cash and cash equivalents                                             | (2 | ) |   | 61 |  |   | — |  |   | 59 |  |
| Capital expenditures                                                                           | (72 | ) |   | — |  |   | — |  |   | (72 | ) |
| Purchase of equipment leased to others                                                         | — |  |   | (32 | ) |   | — |  |   | (32 | ) |
| Other investing activities                                                                     | 3 |  |   | — |  |   | — |  |   | 3 |  |
| Net cash provided by (used in) investing activities                                            | (376 | ) |   | 29 |  |   | — |  |   | (347 | ) |
| Net cash used in financing activities                                                          | (37 | ) |   | (266 | ) |   |  |  |   | (303 | ) |
| Effect of exchange rate changes on cash and cash equivalents                                   | (5 | ) |   | (1 | ) |   |  |   | (6 | ) |
| Increase (decrease) in cash and cash equivalents                                               | (621 | ) |   | 31 |  |   | — |  |   | (590 | ) |
| Cash and cash equivalents at beginning of the year                                             | 1,059 |  |   | 28 |  |   |  |   | 1,087 |  |
| Cash and cash equivalents at end of the year                                                   | $ | 438 |  |   | $ | 59 |  |   | $ | — |  |   | $ | 497 |  |