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Segment Information
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Segment Information
Segment Information
In connection with the reportable segment changes announced on February 7, 2017, our Clean Air and Ride Performance product lines in India, which have been reported as part of Europe, South America and India segments, will now be reported with their respective product lines in the Asia Pacific segments. Beginning with the first quarter of 2017, we are organized and manage our business along our two major product lines (clean air and ride performance) and three geographic areas (North America; Europe and South America; Asia Pacific), resulting in six operating segments (North America Clean Air, North America Ride Performance, Europe and South America Clean Air, Europe and South America Ride Performance, Asia Pacific Clean Air and Asia Pacific Ride Performance). Within each geographical area, each operating segment manufactures and distributes either clean air or ride performance products primarily for the original equipment and aftermarket industries. Each of the six operating segments constitutes a reportable segment. Costs related to other business activities, primarily corporate headquarter functions, are disclosed separately from the six operating segments as "Other." We evaluate segment performance based primarily on earnings before interest expense, income taxes, and noncontrolling interests. Products are transferred between segments and geographic areas on a basis intended to reflect as nearly as possible the “market value” of the products. Prior period segment information has been revised to reflect our new reporting segments.
The following table summarizes certain Tenneco Inc. segment information:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Clean Air Division
 
Ride Performance Division
 
 
 
 
 
 
 
North
America
 
Europe & South America
 
Asia
Pacific
 
North
America
 
Europe & South America
 
Asia
Pacific
 
Other
 
Reclass & Elims
 
Total
 
(Millions)
At June 30, 2017 and for the Three Months Ended June 30, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues from external customers
$
802

 
$
546

 
$
271

 
$
330

 
$
264

 
$
104

 
$

 
$

 
$
2,317

Intersegment revenues
4

 
12

 
1

 
2

 
7

 
14

 

 
(40
)
 

EBIT, Earnings (loss) before interest expense, income taxes, and noncontrolling interests
57

 
33

 
23

 
38

 
7

 
17

 
(148
)
 

 
27

Total assets
1,526

 
873

 
716

 
811

 
555

 
373

 

 
27

 
4,881

At June 30, 2016 and for the Three Months Ended June 30, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues from external customers
771

 
517

 
264

 
323

 
250

 
87

 

 

 
2,212

Intersegment revenues
3

 
25

 

 
2

 
8

 
12

 

 
(50
)
 

EBIT, Earnings (loss) before interest expense, income taxes, and noncontrolling interests
65

 
28

 
36

 
48

 
10

 
13

 
(29
)
 

 
171

Total assets
1,353

 
761

 
604

 
778

 
433

 
316

 

 
34

 
4,279

At June 30, 2017 and for the Six Months Ended June 30, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues from external customers
$
1,618

 
$
1,084

 
$
548

 
$
641

 
$
507

 
$
211

 
$

 
$

 
$
4,609

Intersegment revenues
8

 
32

 
2

 
5

 
16

 
28

 

 
(91
)
 

EBIT, Earnings (loss) before interest expense, income taxes, and noncontrolling interests
107

 
54

 
55

 
71

 
13

 
34

 
(186
)
 

 
148

Total assets
1,526

 
873

 
716

 
811

 
555

 
373

 

 
27

 
4,881

At June 30, 2016 and for the Six Months Ended June 30, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues from external customers
1,536

 
988

 
543

 
646

 
460

 
175

 

 

 
4,348

Intersegment revenues
6

 
47

 

 
4

 
15

 
25

 

 
(97
)
 

EBIT, Earnings (loss) before interest expense, income taxes, and noncontrolling interests
126

 
43

 
71

 
90

 
4

 
26

 
(65
)
 

 
295

Total assets
1,353

 
761

 
604

 
778

 
433

 
316

 

 
34

 
4,279