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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues        
Net sales and operating revenues $ 2,067 $ 1,920 $ 3,970 $ 3,832
Costs and expenses        
Cost of sales (exclusive of depreciation and amortization shown below) 1,736 1,595 3,340 3,202
Engineering, research, and development 33 28 68 66
Selling, general, and administrative 106 109 225 227
Depreciation and amortization of other intangibles 50 50 100 99
Costs and expenses 1,925 1,782 3,733 3,594
Other expense        
Loss on sale of receivables (1) (1) (2) (2)
Other 0 0 (1) (3)
Total other income (expense) (1) (1) (3) (5)
Earnings before interest expense, income taxes, and noncontrolling interests 141 137 234 233
Interest expense (net of interest capitalized of $1 million in both of the three months ended June 30, 2013 and 2012, respectively, and $2 million in both of the six months ended June 30, 2013 and 2012, respectively) 20 21 40 63
Earnings before income taxes and noncontrolling interests 121 116 194 170
Income tax expense 47 21 59 39
Net income 74 95 135 131
Less: Net income attributable to noncontrolling interests 11 8 18 14
Net income attributable to Tenneco Inc. $ 63 $ 87 $ 117 $ 117
Weighted average shares of common stock outstanding —        
Basic (in shares) 60,542,361 59,992,055 60,424,540 60,067,205
Diluted (in shares) 61,724,124 61,260,871 61,532,550 61,470,513
Basic earnings per share of common stock (in dollars per share) $ 1.04 $ 1.45 $ 1.94 $ 1.95
Diluted earnings per share of common stock (in dollars per share) $ 1.02 $ 1.42 $ 1.91 $ 1.90