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Earnings Per Share
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
Earnings per share of common stock outstanding were computed as follows:
 
Three Months Ended March 31, 2018
 
Three Months Ended March 31, 2017
 
 
(Millions Except Share and Per Share Amounts)
Basic earnings per share —
 
 
 
 
Net income attributable to Tenneco Inc.
$
58

 
$
59

 
Weighted Average shares of common stock outstanding
51,211,643

 
53,856,352

 
Earnings per share of common stock
$
1.13

 
$
1.10

 
Diluted earnings per share —
 
 
 
 
Net income attributable to Tenneco Inc.
$
58

 
$
59

 
Weighted Average shares of common stock outstanding
51,211,643

 
53,856,352

 
Effect of dilutive securities:
 
 
 
 
Restricted stock
216,351

 
145,999

 
Stock options
73,649

 
229,408

 
Weighted Average shares of common stock outstanding including dilutive securities
51,501,643

 
54,231,759

 
Earnings per share of common stock
$
1.13

 
$
1.09

 


Options to purchase 175 and 834 shares of common stock were outstanding as of March 31, 2018 and 2017, respectively, but not included in the computation of diluted earnings per share respectively, because the options were anti-dilutive.