|                                                                                 |
|---------------------------------------------------------------------------------|
|                                                                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                            | For the Year Ended October 31, 2020 |
| (in millions)                                                                   | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Consolidated Statement of Operations |
| Sales of manufactured products                                                  | $ | 7,335 |  |   | $ | — |  |   | $ | — |  |   | $ | 7,335 |  |
| Finance revenues                                                                | — |  |   | 217 |  |   | (49 | ) |   | 168 |  |
| Sales and revenues, net                                                         | 7,335 |  |   | 217 |  |   | (49 | ) |   | 7,503 |  |
| Costs of products sold                                                          | 6,221 |  |   | — |  |   | — |  |   | 6,221 |  |
| Restructuring charges                                                           | 2 |  |   | — |  |   | — |  |   | 2 |  |
| Asset impairment charges                                                        | 28 |  |   | — |  |   | — |  |   | 28 |  |
| Selling, general and administrative expenses                                    | 925 |  |   | 105 |  |   | (9 | ) |   | 1,021 |  |
| Engineering and product development costs                                       | 321 |  |   | — |  |   | — |  |   | 321 |  |
| Interest expense                                                                | 205 |  |   | 69 |  |   | (6 | ) |   | 268 |  |
| Other expense (income), net                                                     | 88 |  |   | (22 | ) |   | (34 | ) |   | 32 |  |
| Total costs and expenses                                                        | 7,790 |  |   | 152 |  |   | (49 | ) |   | 7,893 |  |
| Equity in income of non-consolidated affiliates                                 | 2 |  |   | — |  |   | — |  |   | 2 |  |
| Income before equity income from financial services operations and income taxes | (453 | ) |   | 65 |  |   | — |  |   | (388 | ) |
| Equity income from financial services operations                                | 55 |  |   | — |  |   | (55 | ) |   | — |  |
| Income (loss) before income taxes                                               | (398 | ) |   | 65 |  |   | (55 | ) |   | (388 | ) |
| Income tax benefit (expense)                                                    | 69 |  |   | (10 | ) |   | — |  |   | 59 |  |
| Net income (loss)                                                               | (329 | ) |   | 55 |  |   | (55 | ) |   | (329 | ) |
| Less: Net income attributable to non-controlling interests                      | 18 |  |   | — |  |   | — |  |   | 18 |  |
| Net income (loss) attributable to Navistar International Corporation            | $ | (347 | ) |   | $ | 55 |  |   | $ | (55 | ) |   | $ | (347 | ) |

----

|                                                                                 |
|---------------------------------------------------------------------------------|
|                                                                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                            | For the Year Ended October 31, 2019 |
| (in millions)                                                                   | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Consolidated Statement of Operations |
| Sales of manufactured products                                                  | $ | 11,061 |  |   | $ | — |  |   | $ | — |  |   | $ | 11,061 |  |
| Finance revenues                                                                | — |  |   | 297 |  |   | (107 | ) |   | 190 |  |
| Sales and revenues, net                                                         | 11,061 |  |   | 297 |  |   | (107 | ) |   | 11,251 |  |
| Costs of products sold                                                          | 9,245 |  |   | — |  |   | — |  |   | 9,245 |  |
| Restructuring charges                                                           | 12 |  |   | — |  |   | — |  |   | 12 |  |
| Asset impairment charges                                                        | 7 |  |   | — |  |   | — |  |   | 7 |  |
| Selling, general and administrative expenses                                    | 840 |  |   | 100 |  |   | (6 | ) |   | 934 |  |
| Engineering and product development costs                                       | 319 |  |   | — |  |   | — |  |   | 319 |  |
| Interest expense                                                                | 207 |  |   | 105 |  |   | — |  |   | 312 |  |
| Other expense (income), net                                                     | 296 |  |   | (31 | ) |   | (101 | ) |   | 164 |  |
| Total costs and expenses                                                        | 10,926 |  |   | 174 |  |   | (107 | ) |   | 10,993 |  |
| Equity in income of non-consolidated affiliates                                 | 4 |  |   | — |  |   | — |  |   | 4 |  |
| Income before equity income from financial services operations and income taxes | 139 |  |   | 123 |  |   | — |  |   | 262 |  |
| Equity income from financial services operations                                | 99 |  |   | — |  |   | (99 | ) |   | — |  |
| Income before income taxes                                                      | 238 |  |   | 123 |  |   | (99 | ) |   | 262 |  |
| Income tax benefit (expense)                                                    | 5 |  |   | (24 | ) |   | — |  |   | (19 | ) |
| Net income                                                                      | 243 |  |   | 99 |  |   | (99 | ) |   | 243 |  |
| Less: Net income attributable to non-controlling interests                      | 22 |  |   | — |  |   | — |  |   | 22 |  |
| Net income attributable to Navistar International Corporation                   | $ | 221 |  |   | $ | 99 |  |   | $ | (99 | ) |   | $ | 221 |  |

----

|                                                                                 |
|---------------------------------------------------------------------------------|
|                                                                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                            | For the Year Ended October 31, 2018 |
| (in millions)                                                                   | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Consolidated Statement of Operations |
| Sales of manufactured products                                                  | $ | 10,090 |  |   | $ | — |  |   | $ | — |  |   | $ | 10,090 |  |
| Finance revenues                                                                | — |  |   | 257 |  |   | (97 | ) |   | 160 |  |
| Sales and revenues, net                                                         | 10,090 |  |   | 257 |  |   | (97 | ) |   | 10,250 |  |
| Costs of products sold                                                          | 8,317 |  |   | — |  |   | — |  |   | 8,317 |  |
| Restructuring charges                                                           | (1 | ) |   | — |  |   | — |  |   | (1 | ) |
| Asset impairment charges                                                        | 13 |  |   | 1 |  |   | — |  |   | 14 |  |
| Selling, general and administrative expenses                                    | 737 |  |   | 93 |  |   | (2 | ) |   | 828 |  |
| Engineering and product development costs                                       | 297 |  |   | — |  |   | — |  |   | 297 |  |
| Interest expense                                                                | 235 |  |   | 92 |  |   | — |  |   | 327 |  |
| Other expense (income), net                                                     | 160 |  |   | (17 | ) |   | (95 | ) |   | 48 |  |
| Total costs and expenses                                                        | 9,758 |  |   | 169 |  |   | (97 | ) |   | 9,830 |  |
| Equity in income of non-consolidated affiliates                                 | — |  |   | — |  |   | — |  |   | — |  |
| Income before equity income from financial services operations and income taxes | 332 |  |   | 88 |  |   | — |  |   | 420 |  |
| Equity income from financial services operations                                | 71 |  |   | — |  |   | (71 | ) |   | — |  |
| Income before income taxes                                                      | 403 |  |   | 88 |  |   | (71 | ) |   | 420 |  |
| Income tax expense                                                              | (35 | ) |   | (17 | ) |   | — |  |   | (52 | ) |
| Net income                                                                      | 368 |  |   | 71 |  |   | (71 | ) |   | 368 |  |
| Less: Net Income attributable to non-controlling interests                      | 28 |  |   | — |  |   | — |  |   | 28 |  |
| Net income attributable to Navistar International Corporation                   | $ | 340 |  |   | $ | 71 |  |   | $ | (71 | ) |   | $ | 340 |  |

----

|                                                                     |
|---------------------------------------------------------------------|
|                                                                     |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                | As of October 31, 2020 |
| (in millions)                                                       | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Consolidated Balance Sheet |
| Assets                                                              |   |   |   |   |   |   |   |
| Cash and cash equivalents                                           | $ | 1,749 |  |   | $ | 94 |  |   | $ | — |  |   | $ | 1,843 |  |
| Restricted cash                                                     | 44 |  |   | 86 |  |   | — |  |   | 130 |  |
| Finance and other receivables, net                                  | 279 |  |   | 1,992 |  |   | (369 | ) |   | 1,902 |  |
| Inventories                                                         | 761 |  |   | 2 |  |   | — |  |   | 763 |  |
| Goodwill                                                            | 38 |  |   | — |  |   | — |  |   | 38 |  |
| Property and equipment, net                                         | 940 |  |   | 358 |  |   | — |  |   | 1,298 |  |
| Operating lease right of use assets                                 | 117 |  |   | 2 |  |   | — |  |   | 119 |  |
| Investments in and advances to financial services operations        | 668 |  |   | — |  |   | (668 | ) |   | — |  |
| Investments in non-consolidated affiliates                          | 31 |  |   | — |  |   | — |  |   | 31 |  |
| Deferred taxes, net                                                 | 113 |  |   | 4 |  |   | — |  |   | 117 |  |
| Other assets                                                        | 374 |  |   | 22 |  |   | — |  |   | 396 |  |
| Total assets                                                        | $ | 5,114 |  |   | $ | 2,560 |  |   | $ | (1,037 | ) |   | $ | 6,637 |  |
| Liabilities and stockholders' equity (deficit)                      |   |   |   |   |   |   |   |
| Accounts payable                                                    | $ | 1,637 |  |   | $ | 10 |  |   | $ | (369 | ) |   | $ | 1,278 |  |
| Debt                                                                | 3,496 |  |   | 1,834 |  |   | — |  |   | 5,330 |  |
| Postretirement benefits liabilities                                 | 1,705 |  |   | — |  |   | — |  |   | 1,705 |  |
| Other liabilities                                                   | 2,098 |  |   | 48 |  |   | — |  |   | 2,146 |  |
| Total liabilities                                                   | 8,936 |  |   | 1,892 |  |   | (369 | ) |   | 10,459 |  |
| Stockholders' equity attributable to non-controlling interest       | 4 |  |   | — |  |   | — |  |   | 4 |  |
| Stockholders' equity (deficit) attributable to controlling interest | (3,826 | ) |   | 668 |  |   | (668 | ) |   | (3,826 | ) |
| Total liabilities and stockholders' equity (deficit)                | $ | 5,114 |  |   | $ | 2,560 |  |   | $ | (1,037 | ) |   | $ | 6,637 |  |

----

|                                                                     |
|---------------------------------------------------------------------|
|                                                                     |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                | As of October 31, 2019 |
| (in millions)                                                       | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Consolidated Balance Sheet |
| Assets                                                              |   |   |   |   |   |   |   |
| Cash and cash equivalents                                           | $ | 1,328 |  |   | $ | 42 |  |   | $ | — |  |   | $ | 1,370 |  |
| Restricted cash                                                     | 50 |  |   | 137 |  |   | — |  |   | 187 |  |
| Finance and other receivables, net                                  | 348 |  |   | 2,423 |  |   | (226 | ) |   | 2,545 |  |
| Inventories                                                         | 905 |  |   | 6 |  |   | — |  |   | 911 |  |
| Goodwill                                                            | 38 |  |   | — |  |   | — |  |   | 38 |  |
| Property and equipment, net                                         | 942 |  |   | 367 |  |   | — |  |   | 1,309 |  |
| Investments in and advances to financial services operations        | 668 |  |   | — |  |   | (668 | ) |   | — |  |
| Investments in non-consolidated affiliates                          | 31 |  |   | — |  |   | — |  |   | 31 |  |
| Deferred taxes, net                                                 | 115 |  |   | 2 |  |   | — |  |   | 117 |  |
| Other assets                                                        | 386 |  |   | 23 |  |   | — |  |   | 409 |  |
| Total assets                                                        | $ | 4,811 |  |   | $ | 3,000 |  |   | $ | (894 | ) |   | $ | 6,917 |  |
| Liabilities and stockholders' equity (deficit)                      |   |   |   |   |   |   |   |
| Accounts payable                                                    | $ | 1,554 |  |   | $ | 13 |  |   | $ | (226 | ) |   | $ | 1,341 |  |
| Debt                                                                | 2,932 |  |   | 2,256 |  |   | — |  |   | 5,188 |  |
| Postretirement benefits liabilities                                 | 2,103 |  |   | — |  |   | — |  |   | 2,103 |  |
| Other liabilities                                                   | 1,945 |  |   | 63 |  |   | — |  |   | 2,008 |  |
| Total liabilities                                                   | 8,534 |  |   | 2,332 |  |   | (226 | ) |   | 10,640 |  |
| Stockholders' equity attributable to non-controlling interest       | 3 |  |   | — |  |   | — |  |   | 3 |  |
| Stockholders' equity (deficit) attributable to controlling interest | (3,726 | ) |   | 668 |  |   | (668 | ) |   | (3,726 | ) |
| Total liabilities and stockholders' equity (deficit)                | $ | 4,811 |  |   | $ | 3,000 |  |   | $ | (894 | ) |   | $ | 6,917 |  |

----

|                                                                                      |
|--------------------------------------------------------------------------------------|
|                                                                                      |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                 | For the Year Ended October 31, 2020 |
| (in millions)                                                                        | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Condensed Consolidated Statement of Cash Flows |
| Cash flows from operating activities                                                 |   |   |   |   |   |   |   |
| Net income (loss)                                                                    | $ | (329 | ) |   | $ | 55 |  |   | $ | (55 | ) |   | $ | (329 | ) |
| Adjustments to reconcile net income (loss) to cash provided by operating activities: |   |   |   |   |   |   |   |
| Depreciation and amortization                                                        | 135 |  |   | 1 |  |   | — |  |   | 136 |  |
| Depreciation of equipment leased to others                                           | (1 | ) |   | 64 |  |   | — |  |   | 63 |  |
| Amortization of debt issuance costs and discount                                     | 6 |  |   | 8 |  |   | — |  |   | 14 |  |
| Deferred income taxes                                                                | (76 | ) |   | (4 | ) |   | — |  |   | (80 | ) |
| Asset impairment charges                                                             | 28 |  |   | — |  |   | — |  |   | 28 |  |
| Equity in income of non-consolidated affiliates                                      | (2 | ) |   | — |  |   | — |  |   | (2 | ) |
| Equity in income of financial services affiliates                                    | (55 | ) |   | — |  |   | 55 |  |   | — |  |
| Dividends from financial services operations                                         | 30 |  |   | — |  |   | (30 | ) |   | — |  |
| Change in intercompany receivables and payables                                      | 61 |  |   | (61 | ) |   | — |  |   | — |  |
| Other, net                                                                           | 133 |  |   | 511 |  |   | — |  |   | 644 |  |
| Net cash provided by (used in) operating activities                                  | (70 | ) |   | 574 |  |   | (30 | ) |   | 474 |  |
| Cash flows from investing activities                                                 |   |   |   |   |   |   |   |
| Capital expenditures                                                                 | (148 | ) |   | — |  |   | — |  |   | (148 | ) |
| Purchase of equipment leased to others                                               | (2 | ) |   | (95 | ) |   | — |  |   | (97 | ) |
| Other investing activities                                                           | 18 |  |   | 10 |  |   | — |  |   | 28 |  |
| Net cash used in investing activities                                                | (132 | ) |   | (85 | ) |   | — |  |   | (217 | ) |
| Net cash provided by (used in) financing activities                                  | 637 |  |   | (486 | ) |   | 30 |  |   | 181 |  |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash        | (20 | ) |   | (2 | ) |   | — |  |   | (22 | ) |
| Increase in cash, cash equivalents and restricted cash                               | 415 |  |   | 1 |  |   | — |  |   | 416 |  |
| Cash, cash equivalents and restricted cash at beginning of the year                  | 1,378 |  |   | 179 |  |   | — |  |   | 1,557 |  |
| Cash, cash equivalents and restricted cash at end of the year                        | $ | 1,793 |  |   | $ | 180 |  |   | $ | — |  |   | $ | 1,973 |  |

----

|                                                                                         |
|-----------------------------------------------------------------------------------------|
|                                                                                         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                    | For the Year Ended October 31, 2019 |
| (in millions)                                                                           | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Condensed Consolidated Statement of Cash Flows |
| Cash flows from operating activities                                                    |   |   |   |   |   |   |   |
| Net income                                                                              | $ | 243 |  |   | $ | 99 |  |   | $ | (99 | ) |   | $ | 243 |  |
| Adjustments to reconcile net income to cash provided by (used in) operating activities: |   |   |   |   |   |   |   |
| Depreciation and amortization                                                           | 131 |  |   | 1 |  |   | — |  |   | 132 |  |
| Depreciation of equipment leased to others                                              | (2 | ) |   | 63 |  |   | — |  |   | 61 |  |
| Amortization of debt issuance costs and discount                                        | 11 |  |   | 8 |  |   | — |  |   | 19 |  |
| Deferred income taxes                                                                   | (32 | ) |   | 1 |  |   | — |  |   | (31 | ) |
| Asset impairment charges                                                                | 7 |  |   | — |  |   | — |  |   | 7 |  |
| Gain on sales of investments and businesses, net                                        | (56 | ) |   | — |  |   | — |  |   | (56 | ) |
| Equity in income of non-consolidated affiliates                                         | (4 | ) |   | — |  |   | — |  |   | (4 | ) |
| Equity in income of financial services affiliates                                       | (99 | ) |   | — |  |   | 99 |  |   | — |  |
| Dividends from financial services operations                                            | 20 |  |   | — |  |   | (20 | ) |   | — |  |
| Dividends from non-consolidated affiliates                                              | 2 |  |   | — |  |   | — |  |   | 2 |  |
| Change in intercompany receivables and payables                                         | 53 |  |   | (53 | ) |   | — |  |   | — |  |
| Other, net                                                                              | 121 |  |   | (44 | ) |   | — |  |   | 77 |  |
| Net cash provided by operating activities                                               | 395 |  |   | 75 |  |   | (20 | ) |   | 450 |  |
| Cash flows from investing activities                                                    |   |   |   |   |   |   |   |
| Maturities of marketable securities                                                     | 102 |  |   | — |  |   | — |  |   | 102 |  |
| Capital expenditures                                                                    | (132 | ) |   | (2 | ) |   | — |  |   | (134 | ) |
| Purchase of equipment leased to others                                                  | (3 | ) |   | (149 | ) |   | — |  |   | (152 | ) |
| Other investing activities                                                              | 103 |  |   | 13 |  |   | — |  |   | 116 |  |
| Net cash provided by (used in) investing activities                                     | 70 |  |   | (138 | ) |   | — |  |   | (68 | ) |
| Net cash provided by (used in) financing activities                                     | (373 | ) |   | 95 |  |   | 20 |  |   | (258 | ) |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash           | (9 | ) |   | (3 | ) |   | — |  |   | (12 | ) |
| Increase in cash, cash equivalents and restricted cash                                  | 83 |  |   | 29 |  |   | — |  |   | 112 |  |
| Cash, cash equivalents and restricted cash at beginning of the year                     | 1,295 |  |   | 150 |  |   | — |  |   | 1,445 |  |
| Cash, cash equivalents and restricted cash at end of the year                           | $ | 1,378 |  |   | $ | 179 |  |   | $ | — |  |   | $ | 1,557 |  |

----

|                                                                               |
|-------------------------------------------------------------------------------|
|                                                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                          | For the Year Ended October 31, 2018 |
| (in millions)                                                                 | Manufacturing Operations |   | Financial Services Operations |   | Adjustments |   | Consolidated Statement of Operations |
| Cash flows from operating activities                                          |   |   |   |   |   |   |   |
| Net income                                                                    | $ | 368 |  |   | $ | 71 |  |   | $ | (71 | ) |   | $ | 368 |  |
| Adjustments to reconcile net income to cash provided by operating activities: |   |   |   |   |   |   |   |
| Depreciation and amortization                                                 | 139 |  |   | 1 |  |   | — |  |   | 140 |  |
| Depreciation of equipment leased to others                                    | 17 |  |   | 54 |  |   | — |  |   | 71 |  |
| Amortization of debt issuance costs and discount                              | 22 |  |   | 9 |  |   | — |  |   | 31 |  |
| Deferred income taxes                                                         | 6 |  |   | (2 | ) |   | — |  |   | 4 |  |
| Asset impairment charges                                                      | 13 |  |   | 1 |  |   | — |  |   | 14 |  |
| Equity in income of financial services operations                             | (71 | ) |   | — |  |   | 71 |  |   | — |  |
| Dividends from non-consolidated affiliates                                    | 5 |  |   | — |  |   | — |  |   | 5 |  |
| Change in intercompany receivables and payables                               | (84 | ) |   | 84 |  |   | — |  |   | — |  |
| Other, net                                                                    | 2 |  |   | (368 | ) |   | — |  |   | (366 | ) |
| Net cash provided by (used in) operating activities                           | 417 |  |   | (150 | ) |   | — |  |   | 267 |  |
| Cash flows from investing activities                                          |   |   |   |   |   |   |   |
| Purchases of marketable securities                                            | (251 | ) |   | — |  |   | — |  |   | (251 | ) |
| Sales of marketable securities                                                | 460 |  |   | — |  |   | — |  |   | 460 |  |
| Maturities of marketable securities                                           | 60 |  |   | — |  |   | — |  |   | 60 |  |
| Capital expenditures                                                          | (112 | ) |   | (1 | ) |   | — |  |   | (113 | ) |
| Purchase of equipment leased to others                                        | (93 | ) |   | (139 | ) |   | — |  |   | (232 | ) |
| Other investing activities                                                    | 2 |  |   | 8 |  |   | — |  |   | 10 |  |
| Net cash provided by (used in) investing activities                           | 66 |  |   | (132 | ) |   | — |  |   | (66 | ) |
| Net cash provided by financing activities                                     | 137 |  |   | 277 |  |   | — |  |   | 414 |  |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | (15 | ) |   | 5 |  |   | — |  |   | (10 | ) |
| Increase in cash, cash equivalents and restricted cash                        | 605 |  |   | — |  |   | — |  |   | 605 |  |
| Cash, cash equivalents and restricted cash at beginning of the year           | 690 |  |   | 150 |  |   | — |  |   | 840 |  |
| Cash, cash equivalents and restricted cash at end of the year                 | $ | 1,295 |  |   | $ | 150 |  |   | $ | — |  |   | $ | 1,445 |  |