XML 72 R57.htm IDEA: XBRL DOCUMENT v3.4.0.3
Supplemental Guarantor Condensed Consolidating Financial Statements - Statement of Cash Flows (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating Activities    
Net cash provided (used) by operating activities $ (29) $ (50)
Investing Activities    
Proceeds from sale of assets 1 1
Cash payments for plant, property, and equipment (68) (77)
Cash payments for software related intangible assets (6) (5)
Changes in restricted cash (1) 3
Net cash used by investing activities (74) (78)
Financing Activities    
Issuance of common shares (2) 0
Tax benefit from stock-based compensation 0 3
Retirement of long-term debt (4) (4)
Issuance of long-term debt 5 0
Purchase of common stock under the share repurchase program (16) (11)
Net decrease in bank overdrafts 7 (8)
Net increase (decrease) in revolver borrowings and short-term debt excluding current maturities of long-term debt and short-term borrowings secured by accounts receivables 193 111
Net increase in short-term borrowings secured by accounts receivable   50
Intercompany dividend payments and net increase (decrease) in intercompany obligations 0 0
Net cash provided (used) by financing activities 183 141
Effect of foreign exchange rate changes on cash and cash equivalents 7 (7)
Increase (decrease) in cash and cash equivalents 87 6
Cash and cash equivalents, January 1 287 282
Cash and cash equivalents, March 31 (Note) 374 288
Guarantor Subsidiaries    
Operating Activities    
Net cash provided (used) by operating activities (212) (74)
Investing Activities    
Proceeds from sale of assets 0 0
Cash payments for plant, property, and equipment (13) (27)
Cash payments for software related intangible assets (2) (2)
Changes in restricted cash 0 0
Net cash used by investing activities (15) (29)
Financing Activities    
Issuance of common shares 0  
Tax benefit from stock-based compensation   0
Retirement of long-term debt 0 0
Issuance of long-term debt 0  
Purchase of common stock under the share repurchase program 0 0
Net decrease in bank overdrafts 0 0
Net increase (decrease) in revolver borrowings and short-term debt excluding current maturities of long-term debt and short-term borrowings secured by accounts receivables 0 0
Net increase in short-term borrowings secured by accounts receivable   0
Intercompany dividend payments and net increase (decrease) in intercompany obligations 229 93
Net cash provided (used) by financing activities 229 93
Effect of foreign exchange rate changes on cash and cash equivalents 0 0
Increase (decrease) in cash and cash equivalents 2 (10)
Cash and cash equivalents, January 1 2 10
Cash and cash equivalents, March 31 (Note) 4 0
Non-Guarantor Subsidiaries    
Operating Activities    
Net cash provided (used) by operating activities 180 26
Investing Activities    
Proceeds from sale of assets 1 1
Cash payments for plant, property, and equipment (55) (50)
Cash payments for software related intangible assets (4) (3)
Changes in restricted cash (1) 3
Net cash used by investing activities (59) (49)
Financing Activities    
Issuance of common shares 0  
Tax benefit from stock-based compensation   0
Retirement of long-term debt 0 0
Issuance of long-term debt 5  
Purchase of common stock under the share repurchase program 0 0
Net decrease in bank overdrafts 7 (8)
Net increase (decrease) in revolver borrowings and short-term debt excluding current maturities of long-term debt and short-term borrowings secured by accounts receivables 8 64
Net increase in short-term borrowings secured by accounts receivable   0
Intercompany dividend payments and net increase (decrease) in intercompany obligations (63) (10)
Net cash provided (used) by financing activities (43) 46
Effect of foreign exchange rate changes on cash and cash equivalents 7 (7)
Increase (decrease) in cash and cash equivalents 85 16
Cash and cash equivalents, January 1 285 272
Cash and cash equivalents, March 31 (Note) 370 288
Tenneco Inc    
Operating Activities    
Net cash provided (used) by operating activities 3 (2)
Investing Activities    
Proceeds from sale of assets 0 0
Cash payments for plant, property, and equipment 0 0
Cash payments for software related intangible assets 0 0
Changes in restricted cash 0  
Net cash used by investing activities 0 0
Financing Activities    
Issuance of common shares (2)  
Tax benefit from stock-based compensation   3
Retirement of long-term debt (4) (4)
Issuance of long-term debt 0  
Purchase of common stock under the share repurchase program (16) (11)
Net decrease in bank overdrafts 0 0
Net increase (decrease) in revolver borrowings and short-term debt excluding current maturities of long-term debt and short-term borrowings secured by accounts receivables 185 47
Net increase in short-term borrowings secured by accounts receivable   50
Intercompany dividend payments and net increase (decrease) in intercompany obligations (166) (83)
Net cash provided (used) by financing activities (3) 2
Effect of foreign exchange rate changes on cash and cash equivalents 0 0
Increase (decrease) in cash and cash equivalents 0 0
Cash and cash equivalents, January 1 0 0
Cash and cash equivalents, March 31 (Note) 0 0
Reclass and Elims    
Operating Activities    
Net cash provided (used) by operating activities 0 0
Investing Activities    
Proceeds from sale of assets 0 0
Cash payments for plant, property, and equipment 0 0
Cash payments for software related intangible assets 0 0
Changes in restricted cash 0  
Net cash used by investing activities 0 0
Financing Activities    
Issuance of common shares 0  
Tax benefit from stock-based compensation   0
Retirement of long-term debt 0 0
Issuance of long-term debt 0  
Purchase of common stock under the share repurchase program 0 0
Net decrease in bank overdrafts 0 0
Net increase (decrease) in revolver borrowings and short-term debt excluding current maturities of long-term debt and short-term borrowings secured by accounts receivables 0 0
Net increase in short-term borrowings secured by accounts receivable   0
Intercompany dividend payments and net increase (decrease) in intercompany obligations 0 0
Net cash provided (used) by financing activities 0 0
Effect of foreign exchange rate changes on cash and cash equivalents 0 0
Increase (decrease) in cash and cash equivalents 0 0
Cash and cash equivalents, January 1 0 0
Cash and cash equivalents, March 31 (Note) $ 0 $ 0