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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 277 $ 347
Restricted cash 2 2
Receivables —    
Customer notes and accounts, net 1,451 1,272
Other 24 22
Inventories —    
Finished goods 335 284
Work in process 289 245
Raw materials 184 137
Materials and supplies 74 64
Prepayments and other 325 229
Total current assets 2,961 2,602
Other assets:    
Long-term receivables, net 9 9
Goodwill 59 57
Intangibles, net 17 19
Deferred income taxes 225 199
Other 123 103
Total other assets 433 387
Plant, property, and equipment, at cost 3,967 3,548
Less — Accumulated depreciation and amortization (2,426) (2,191)
Plant, property and equipment, net 1,541 1,357
Total Assets 4,935 4,346
Current liabilities:    
Short-term debt (including current maturities of long-term debt) 108 90
Accounts payable 1,601 1,501
Accrued taxes 46 39
Accrued interest 10 15
Accrued liabilities 327 285
Other 140 43
Total current liabilities 2,232 1,973
Long-term debt 1,573 1,294
Deferred income taxes 6 7
Postretirement benefits 248 273
Deferred credits and other liabilities 158 139
Commitments and contingencies
Total liabilities 4,217 3,686
Redeemable noncontrolling interests 32 40
Tenneco Inc. Shareholders’ equity:    
Common stock 1 1
Premium on common stock and other capital surplus 3,109 3,098
Accumulated other comprehensive loss (570) (665)
Retained earnings (accumulated deficit) (1,001) (1,100)
Total shareholders equity before treasury stock 1,539 1,334
Less — Shares held as treasury stock, at cost 892 761
Tenneco Inc. shareholders’ equity 647 573
Noncontrolling interests 39 47
Total equity 686 620
Total liabilities, redeemable noncontrolling interests and equity $ 4,935 $ 4,346