Acquisitions

12 Months Ended

Dec. 31, 2013

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Acquisitions

Acquisitions

In August 2011, we purchased the remaining 25 percent equity interest in our clean air joint venture in Thailand for $4 million in cash. As a result of this purchase, our equity ownership of this joint venture investment changed to 100 percent from 75 percent.

In September 2012, we purchased certain rights from Combustion Components Associates, Inc. primarily pertaining to emission control technology for stationary reciprocating engine applications for $7 million in cash.

In the fourth quarter of 2013, we purchased an additional 20 percent equity interest in Tenneco Tongtai (Dalian) Exhaust System Co., Ltd. (TTEC) joint venture investment in China for $69 million in cash through two transactions. The joint venture partner also received an additional amount of $9 million in lieu of receiving its pro-rata share of dividends owed from the joint venture. As a result of the purchase, TTEC became a wholly owned indirect subsidiary of Tenneco.

The table below summaries the net income attributable to Tenneco Inc. and transfers to the noncontrolling interest:

	Year Ended December 31,
	2013			2012		2011
	(Millions)
Net income attributable to Tenneco Inc.	$	183		$	275	$	157
Decrease in equity for purchase of noncontrolling equity interest	(68		)	—		(2		)
Net income attributable to Tenneco Inc. shareholders less purchase of noncontrolling equity interest	115			275		155