|                                                                                        |
|----------------------------------------------------------------------------------------|
|                                                                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                        | For the Three Months Ended April 30, 2015 |
| (in millions)                                                                          | Manufacturing Operations |  | Financial Services Operations |  | Adjustments |  | Consolidated Statement of Operations |
| Sales of manufactured products                                                         | $ | 2,658 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,658 |  |
| Finance revenues                                                                       | — |  |  | 60 |  |  | (25 | ) |  | 35 |  |
| Sales and revenues, net                                                                | 2,658 |  |  | 60 |  |  | (25 | ) |  | 2,693 |  |
| Costs of products sold                                                                 | 2,360 |  |  | — |  |  | — |  |  | 2,360 |  |
| Restructuring charges                                                                  | 6 |  |  | — |  |  | — |  |  | 6 |  |
| Asset impairment charges                                                               | 1 |  |  | — |  |  | — |  |  | 1 |  |
| Selling, general and administrative expenses                                           | 220 |  |  | 24 |  |  | (1 | ) |  | 243 |  |
| Engineering and product development costs                                              | 76 |  |  | — |  |  | — |  |  | 76 |  |
| Interest expense                                                                       | 60 |  |  | 18 |  |  | (3 | ) |  | 75 |  |
| Other income, net                                                                      | (3 | ) |  | (4 | ) |  | (21 | ) |  | (28 | ) |
| Total costs and expenses                                                               | 2,720 |  |  | 38 |  |  | (25 | ) |  | 2,733 |  |
| Equity in income of non-consolidated affiliates                                        | 1 |  |  | — |  |  | — |  |  | 1 |  |
| Income (loss) before equity income from financial services operations and income taxes | (61 | ) |  | 22 |  |  | — |  |  | (39 | ) |
| Equity income (loss) from financial services operations                                | 15 |  |  | — |  |  | (15 | ) |  | — |  |
| Income (loss) from continuing operations before income taxes                           | (46 | ) |  | 22 |  |  | (15 | ) |  | (39 | ) |
| Income tax expense                                                                     | (11 | ) |  | (7 | ) |  | — |  |  | (18 | ) |
| Income (loss) from continuing operations                                               | (57 | ) |  | 15 |  |  | (15 | ) |  | (57 | ) |
| Income from discontinued operations, net of tax                                        | — |  |  | — |  |  | — |  |  | — |  |
| Net income (loss)                                                                      | (57 | ) |  | 15 |  |  | (15 | ) |  | (57 | ) |
| Less: Income attributable to non-controlling interests                                 | 7 |  |  | — |  |  | — |  |  | 7 |  |
| Net income (loss) attributable to Navistar International Corporation                   | $ | (64 | ) |  | $ | 15 |  |  | $ | (15 | ) |  | $ | (64 | ) |

----

|                                                                                        |
|----------------------------------------------------------------------------------------|
|                                                                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                   | For the Six Months Ended April 30, 2015 |
| (in millions)                                                                          | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Consolidated Statement of Operations |
| Sales of manufactured products                                                         | $ | 5,043 |  |   | $ | — |  |   | $ | — |  |   | $ | 5,043 |  |
| Finance revenues                                                                       | — |  |   | 120 |  |   | (49 | ) |   | 71 |  |
| Sales and revenues, net                                                                | 5,043 |  |   | 120 |  |   | (49 | ) |   | 5,114 |  |
| Costs of products sold                                                                 | 4,405 |  |   | — |  |   | — |  |   | 4,405 |  |
| Restructuring charges                                                                  | 9 |  |   | — |  |   | — |  |   | 9 |  |
| Asset impairment charges                                                               | 8 |  |   | — |  |   | — |  |   | 8 |  |
| Selling, general and administrative expenses                                           | 439 |  |   | 47 |  |   | (2 | ) |   | 484 |  |
| Engineering and product development costs                                              | 155 |  |   | — |  |   | — |  |   | 155 |  |
| Interest expense                                                                       | 120 |  |   | 38 |  |   | (6 | ) |   | 152 |  |
| Other (income) expense, net                                                            | 21 |  |   | (11 | ) |   | (41 | ) |   | (31 | ) |
| Total costs and expenses                                                               | 5,157 |  |   | 74 |  |   | (49 | ) |   | 5,182 |  |
| Equity in income of non-consolidated affiliates                                        | 3 |  |   | — |  |   | — |  |   | 3 |  |
| Income (loss) before equity income from financial services operations and income taxes | (111 | ) |   | 46 |  |   | — |  |   | (65 | ) |
| Equity income (loss) from financial services operations                                | 30 |  |   | — |  |   | (30 | ) |   | — |  |
| Income (loss) from continuing operations before income taxes                           | (81 | ) |   | 46 |  |   | (30 | ) |   | (65 | ) |
| Income tax expense                                                                     | (9 | ) |   | (16 | ) |   | — |  |   | (25 | ) |
| Income (loss) from continuing operations                                               | (90 | ) |   | 30 |  |   | (30 | ) |   | (90 | ) |
| Income from discontinued operations, net of tax                                        | — |  |   | — |  |   | — |  |   | — |  |
| Net income (loss)                                                                      | (90 | ) |   | 30 |  |   | (30 | ) |   | (90 | ) |
| Less: Income attributable to non-controlling interests                                 | 16 |  |   | — |  |   | — |  |   | 16 |  |
| Net income (loss) attributable to Navistar International Corporation                   | $ | (106 | ) |   | $ | 30 |  |   | $ | (30 | ) |   | $ | (106 | ) |

----

|                                                                                        |
|----------------------------------------------------------------------------------------|
|                                                                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                        | For the Three Months Ended April 30, 2014 |
| (in millions)                                                                          | Manufacturing Operations |  | Financial Services Operations |  | Adjustments |  | Consolidated Statement of Operations |
| Sales of manufactured products                                                         | $ | 2,708 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,708 |  |
| Finance revenues                                                                       | — |  |  | 57 |  |  | (19 | ) |  | 38 |  |
| Sales and revenues, net                                                                | 2,708 |  |  | 57 |  |  | (19 | ) |  | 2,746 |  |
| Costs of products sold                                                                 | 2,468 |  |  | — |  |  | — |  |  | 2,468 |  |
| Restructuring charges                                                                  | 7 |  |  | 1 |  |  | — |  |  | 8 |  |
| Asset impairment charges                                                               | 150 |  |  | 1 |  |  | — |  |  | 151 |  |
| Selling, general and administrative expenses                                           | 216 |  |  | 22 |  |  | (1 | ) |  | 237 |  |
| Engineering and product development costs                                              | 83 |  |  | — |  |  | — |  |  | 83 |  |
| Interest expense                                                                       | 57 |  |  | 17 |  |  | — |  |  | 74 |  |
| Other (income) expense, net                                                            | 19 |  |  | (9 | ) |  | (18 | ) |  | (8 | ) |
| Total costs and expenses                                                               | 3,000 |  |  | 32 |  |  | (19 | ) |  | 3,013 |  |
| Equity in income of non-consolidated affiliates                                        | 3 |  |   | — |  |   | — |  |   | 3 |  |
| Income (loss) before equity income from financial services operations and income taxes | (289 | ) |  | 25 |  |  | — |  |  | (264 | ) |
| Equity income (loss) from financial services operations                                | 16 |  |  | — |  |  | (16 | ) |  | — |  |
| Income (loss) from continuing operations before income taxes                           | (273 | ) |  | 25 |  |  | (16 | ) |  | (264 | ) |
| Income tax expense                                                                     | (14 | ) |  | (9 | ) |  | — |  |  | (23 | ) |
| Income (loss) from continuing operations                                               | (287 | ) |  | 16 |  |  | (16 | ) |  | (287 | ) |
| Income from discontinued operations, net of tax                                        | 1 |  |  | — |  |  | — |  |  | 1 |  |
| Net income (loss)                                                                      | (286 | ) |  | 16 |  |  | (16 | ) |  | (286 | ) |
| Less: Income attributable to non-controlling interests                                 | 11 |  |  | — |  |  | — |  |  | 11 |  |
| Net income (loss) attributable to Navistar International Corporation                   | $ | (297 | ) |  | $ | 16 |  |  | $ | (16 | ) |  | $ | (297 | ) |

----

|                                                                                        |
|----------------------------------------------------------------------------------------|
|                                                                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                   | For the Six Months Ended April 30, 2014 |
| (in millions)                                                                          | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Consolidated Statement of Operations |
| Sales of manufactured products                                                         | $ | 4,877 |  |   | $ | — |  |   | $ | — |  |   | $ | 4,877 |  |
| Finance revenues                                                                       | — |  |   | 112 |  |   | (35 | ) |   | 77 |  |
| Sales and revenues, net                                                                | 4,877 |  |   | 112 |  |   | (35 | ) |   | 4,954 |  |
| Costs of products sold                                                                 | 4,482 |  |   | — |  |   | — |  |   | 4,482 |  |
| Restructuring charges                                                                  | 10 |  |   | 1 |  |   | — |  |   | 11 |  |
| Asset impairment charges                                                               | 168 |  |   | 1 |  |   | — |  |   | 169 |  |
| Selling, general and administrative expenses                                           | 432 |  |   | 46 |  |   | (2 | ) |   | 476 |  |
| Engineering and product development costs                                              | 173 |  |   | — |  |   | — |  |   | 173 |  |
| Interest expense                                                                       | 122 |  |   | 34 |  |   | — |  |   | 156 |  |
| Other (income) expense, net                                                            | 56 |  |   | (17 | ) |   | (33 | ) |   | 6 |  |
| Total costs and expenses                                                               | 5,443 |  |   | 65 |  |   | (35 | ) |   | 5,473 |  |
| Equity in income of non-consolidated affiliates                                        | 3 |  |   | — |  |   | — |  |   | 3 |  |
| Income (loss) before equity income from financial services operations and income taxes | (563 | ) |   | 47 |  |   | — |  |   | (516 | ) |
| Equity income (loss) from financial services operations                                | 30 |  |   | — |  |   | (30 | ) |   | — |  |
| Income (loss) from continuing operations before income taxes                           | (533 | ) |   | 47 |  |   | (30 | ) |   | (516 | ) |
| Income tax benefit (expense)                                                           | 6 |  |   | (17 | ) |   | — |  |   | (11 | ) |
| Income (loss) from continuing operations                                               | (527 | ) |   | 30 |  |   | (30 | ) |   | (527 | ) |
| Income from discontinued operations, net of tax                                        | 2 |  |   | — |  |   | — |  |   | 2 |  |
| Net income (loss)                                                                      | (525 | ) |   | 30 |  |   | (30 | ) |   | (525 | ) |
| Less: Income attributable to non-controlling interests                                 | 20 |  |   | — |  |   | — |  |   | 20 |  |
| Net income (loss) attributable to Navistar International Corporation                   | $ | (545 | ) |   | $ | 30 |  |   | $ | (30 | ) |   | $ | (545 | ) |

----

|                                                                     |
|---------------------------------------------------------------------|
|                                                                     |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                | As of April 30, 2015 |
| (in millions)                                                       | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Consolidated Balance Sheet |
| Assets                                                              |   |   |   |   |   |   |   |
| Cash and cash equivalents                                           | $ | 536 |  |   | $ | 47 |  |   | $ | — |  |   | $ | 583 |  |
| Marketable securities                                               | 248 |  |   | 25 |  |   | — |  |   | 273 |  |
| Restricted cash                                                     | 23 |  |   | 90 |  |   | — |  |   | 113 |  |
| Finance and other receivables, net                                  | 520 |  |   | 2,635 |  |   | (481 | ) |   | 2,674 |  |
| Inventories                                                         | 1,234 |  |   | 11 |  |   | — |  |   | 1,245 |  |
| Goodwill                                                            | 38 |  |   | — |  |   | — |  |   | 38 |  |
| Property and equipment, net                                         | 1,163 |  |   | 244 |  |   | — |  |   | 1,407 |  |
| Investments in and advances to financial services operations        | 585 |  |   | — |  |   | (585 | ) |   | — |  |
| Investments in non-consolidated affiliates                          | 68 |  |   | — |  |   | — |  |   | 68 |  |
| Deferred taxes, net                                                 | 156 |  |   | 16 |  |   | — |  |   | 172 |  |
| Other assets                                                        | 328 |  |   | 24 |  |   | — |  |   | 352 |  |
| Total assets                                                        | $ | 4,899 |  |   | $ | 3,092 |  |   | $ | (1,066 | ) |   | $ | 6,925 |  |
| Liabilities and stockholders' equity (deficit)                      |   |   |   |   |   |   |   |
| Accounts payable                                                    | $ | 1,902 |  |   | $ | 29 |  |   | $ | (481 | ) |   | $ | 1,450 |  |
| Debt                                                                | 2,906 |  |   | 2,297 |  |   | — |  |   | 5,203 |  |
| Postretirement benefits liabilities                                 | 2,828 |  |   | 38 |  |   | — |  |   | 2,866 |  |
| Other liabilities                                                   | 2,007 |  |   | 143 |  |   | — |  |   | 2,150 |  |
| Total liabilities                                                   | 9,643 |  |   | 2,507 |  |   | (481 | ) |   | 11,669 |  |
| Redeemable equity securities                                        | 1 |  |   | — |  |   | — |  |   | 1 |  |
| Stockholders' equity attributable to non-controlling interest       | 30 |  |   | — |  |   | — |  |   | 30 |  |
| Stockholders' equity (deficit) attributable to controlling interest | (4,775 | ) |   | 585 |  |   | (585 | ) |   | (4,775 | ) |
| Total liabilities and stockholders' equity (deficit)                | $ | 4,899 |  |   | $ | 3,092 |  |   | $ | (1,066 | ) |   | $ | 6,925 |  |

----

|                                                                     |
|---------------------------------------------------------------------|
|                                                                     |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                | As of October 31, 2014 |
| (in millions)                                                       | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Consolidated Balance Sheet |
| Assets                                                              |   |   |   |   |   |   |   |
| Cash and cash equivalents                                           | $ | 440 |  |   | $ | 57 |  |   | $ | — |  |   | $ | 497 |  |
| Marketable securities                                               | 578 |  |   | 27 |  |   | — |  |   | 605 |  |
| Restricted cash                                                     | 22 |  |   | 149 |  |   | — |  |   | 171 |  |
| Finance and other receivables, net                                  | 579 |  |   | 2,650 |  |   | (613 | ) |   | 2,616 |  |
| Inventories                                                         | 1,303 |  |   | 16 |  |   | — |  |   | 1,319 |  |
| Goodwill                                                            | 38 |  |   | — |  |   | — |  |   | 38 |  |
| Property and equipment, net                                         | 1,294 |  |   | 268 |  |   | — |  |   | 1,562 |  |
| Investments in and advances to financial services operations        | 698 |  |   | — |  |   | (698 | ) |   | — |  |
| Investments in non-consolidated affiliates                          | 73 |  |   | — |  |   | — |  |   | 73 |  |
| Deferred taxes, net                                                 | 183 |  |   | 17 |  |   | — |  |   | 200 |  |
| Other assets                                                        | 335 |  |   | 27 |  |   | — |  |   | 362 |  |
| Total assets                                                        | $ | 5,543 |  |   | $ | 3,211 |  |   | $ | (1,311 | ) |   | $ | 7,443 |  |
| Liabilities and stockholders' equity (deficit)                      |   |   |   |   |   |   |   |
| Accounts payable                                                    | $ | 2,144 |  |   | $ | 33 |  |   | $ | (613 | ) |   | $ | 1,564 |  |
| Debt                                                                | 2,958 |  |   | 2,266 |  |   | — |  |   | 5,224 |  |
| Postretirement benefits liabilities                                 | 2,916 |  |   | 40 |  |   | — |  |   | 2,956 |  |
| Other liabilities                                                   | 2,143 |  |   | 174 |  |   | — |  |   | 2,317 |  |
| Total liabilities                                                   | 10,161 |  |   | 2,513 |  |   | (613 | ) |   | 12,061 |  |
| Redeemable equity securities                                        | 2 |  |   | — |  |   | — |  |   | 2 |  |
| Stockholders' equity attributable to non-controlling interest       | 34 |  |   | — |  |   | — |  |   | 34 |  |
| Stockholders' equity (deficit) attributable to controlling interest | (4,654 | ) |   | 698 |  |   | (698 | ) |   | (4,654 | ) |
| Total liabilities and stockholders' equity (deficit)                | $ | 5,543 |  |   | $ | 3,211 |  |   | $ | (1,311 | ) |   | $ | 7,443 |  |

----

|                                                                                  |
|----------------------------------------------------------------------------------|
|                                                                                  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                             | For the Six Months Ended April 30, 2015 |
| (in millions)                                                                    | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Condensed Consolidated Statement of Cash Flows |
| Cash flows from operating activities                                             |   |   |   |   |   |   |   |
| Net income (loss)                                                                | $ | (90 | ) |   | $ | 30 |  |   | $ | (30 | ) |   | $ | (90 | ) |
| Adjustments to reconcile net income (loss) to cash used in operating activities: |   |   |   |   |   |   |   |
| Depreciation and amortization                                                    | 117 |  |   | 1 |  |   | — |  |   | 118 |  |
| Depreciation of equipment leased to others                                       | 12 |  |   | 23 |  |   | — |  |   | 35 |  |
| Amortization of debt issuance costs and discount                                 | 12 |  |   | 7 |  |   | — |  |   | 19 |  |
| Deferred income taxes                                                            | (7 | ) |   | — |  |   | — |  |   | (7 | ) |
| Asset impairment charges                                                         | 4 |  |   | 4 |  |   | — |  |   | 8 |  |
| Equity in loss of non-consolidated affiliates                                    | (3 | ) |   | — |  |   | — |  |   | (3 | ) |
| Equity in income of financial services affiliates                                | (30 | ) |   | — |  |   | 30 |  |   | — |  |
| Dividends from financial services operations                                     | 125 |  |   | (125 | ) |   | — |  |   | — |  |
| Dividends from non-consolidated affiliates                                       | 8 |  |   | — |  |   | — |  |   | 8 |  |
| Change in intercompany receivables and payables                                  | (52 | ) |   | 52 |  |   | — |  |   | — |  |
| Other, net                                                                       | (128 | ) |   | (197 | ) |   | — |  |   | (325 | ) |
| Net cash used in operating activities                                            | (32 | ) |   | (205 | ) |   | — |  |   | (237 | ) |
| Cash flows from investing activities                                             |   |   |   |   |   |   |   |
| Purchases of marketable securities                                               | (162 | ) |   | — |  |   | — |  |   | (162 | ) |
| Sales of marketable securities                                                   | 430 |  |   | 1 |  |   | — |  |   | 431 |  |
| Maturities of marketable securities                                              | 63 |  |   | — |  |   | — |  |   | 63 |  |
| Net change in restricted cash and cash equivalents                               | (1 | ) |   | 54 |  |   | — |  |   | 53 |  |
| Capital expenditures                                                             | (43 | ) |   | (2 | ) |   | — |  |   | (45 | ) |
| Purchase of equipment leased to others                                           | — |  |   | (20 | ) |   | — |  |   | (20 | ) |
| Other investing activities                                                       | 8 |  |   | 4 |  |   | — |  |   | 12 |  |
| Net cash provided by investing activities                                        | 295 |  |   | 37 |  |   | — |  |   | 332 |  |
| Net cash provided by (used in) financing activities                              | (132 | ) |   | 149 |  |   | — |  |   | 17 |  |
| Effect of exchange rate changes on cash and cash equivalents                     | (35 | ) |   | 9 |  |   | — |  |   | (26 | ) |
| Increase (decrease) in cash and cash equivalents                                 | 96 |  |   | (10 | ) |   | — |  |   | 86 |  |
| Cash and cash equivalents at beginning of the period                             | 440 |  |   | 57 |  |   | — |  |   | 497 |  |
| Cash and cash equivalents at end of the period                                   | $ | 536 |  |   | $ | 47 |  |   | $ | — |  |   | $ | 583 |  |

----

|                                                                                                |
|------------------------------------------------------------------------------------------------|
|                                                                                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                           | For the Six Months Ended April 30, 2014 |
| (in millions)                                                                                  | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Condensed Consolidated Statement of Cash Flows |
| Cash flows from operating activities                                                           |   |   |   |   |   |   |   |
| Net income (loss)                                                                              | $ | (525 | ) |   | $ | 30 |  |   | $ | (30 | ) |   | $ | (525 | ) |
| Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities: |   |   |   |   |   |   |   |
| Depreciation and amortization                                                                  | 122 |  |   | — |  |   | — |  |   | 122 |  |
| Depreciation of equipment leased to others                                                     | 42 |  |   | 21 |  |   | — |  |   | 63 |  |
| Amortization of debt issuance costs and discount                                               | 21 |  |   | 6 |  |   | — |  |   | 27 |  |
| Deferred income taxes                                                                          | (2 | ) |   | — |  |   | — |  |   | (2 | ) |
| Asset impairment charges                                                                       | 168 |  |   | 1 |  |   | — |  |   | 169 |  |
| Equity in income of financial services affiliates                                              | (30 | ) |   | — |  |   | 30 |  |   | — |  |
| Dividends from non-consolidated affiliates                                                     | 9 |  |   | — |  |   | — |  |   | 9 |  |
| Change in intercompany receivables and payables                                                | (15 | ) |   | 15 |  |   | — |  |   | — |  |
| Other, net                                                                                     | (131 | ) |   | (58 | ) |   | — |  |   | (189 | ) |
| Net cash provided by (used in) operating activities                                            | (341 | ) |   | 15 |  |   | — |  |   | (326 | ) |
| Cash flows from investing activities                                                           |   |   |   |   |   |   |   |
| Purchases of marketable securities                                                             | (785 | ) |   | (3 | ) |   | — |  |   | (788 | ) |
| Sales of marketable securities                                                                 | 902 |  |   | — |  |   | — |  |   | 902 |  |
| Maturities of marketable securities                                                            | 182 |  |   | — |  |   | — |  |   | 182 |  |
| Net change in restricted cash and cash equivalents                                             | 4 |  |   | (25 | ) |   | — |  |   | (21 | ) |
| Capital expenditures                                                                           | (49 | ) |   | (1 | ) |   | — |  |   | (50 | ) |
| Purchase of equipment leased to others                                                         | (45 | ) |   | (63 | ) |   | — |  |   | (108 | ) |
| Other investing activities                                                                     | 15 |  |   | 10 |  |   | — |  |   | 25 |  |
| Net cash provided by (used in) investing activities                                            | 224 |  |   | (82 | ) |   | — |  |   | 142 |  |
| Net cash provided by (used in) financing activities                                            | (36 | ) |   | 69 |  |   | — |  |   | 33 |  |
| Effect of exchange rate changes on cash and cash equivalents                                   | (11 | ) |   | 1 |  |   | — |  |   | (10 | ) |
| Increase (decrease) in cash and cash equivalents                                               | (164 | ) |   | 3 |  |   | — |  |   | (161 | ) |
| Cash and cash equivalents at beginning of the period                                           | 727 |  |   | 28 |  |   | — |  |   | 755 |  |
| Cash and cash equivalents at end of the period                                                 | $ | 563 |  |   | $ | 31 |  |   | $ | — |  |   | $ | 594 |  |