XML 17 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 288 $ 315
Restricted cash 2 3
Receivables —    
Customer notes and accounts, net 1,499 1,294
Other 25 27
Inventories —    
Finished goods 358 349
Work in process 288 268
Raw materials 187 178
Materials and supplies 78 74
Prepayments and other 340 291
Total current assets 3,065 2,799
Other assets:    
Long-term receivables, net 10 9
Goodwill 49 49
Intangibles, net 22 22
Deferred income taxes 206 204
Other 154 144
Total other assets 441 428
Plant, property, and equipment, at cost 4,111 4,008
Less — Accumulated depreciation and amortization (2,451) (2,393)
Plant, property and equipment, net 1,660 1,615
Total Assets 5,166 4,842
Current liabilities:    
Short-term debt (including current maturities of long-term debt) 64 83
Accounts payable 1,908 1,705
Accrued taxes 43 45
Accrued interest 10 14
Accrued liabilities 293 287
Other 126 132
Total current liabilities 2,444 2,266
Long-term debt 1,420 1,358
Deferred income taxes 12 11
Pension and postretirement benefits 266 268
Deferred credits and other liabilities 149 155
Commitments and contingencies
Total liabilities 4,291 4,058
Redeemable noncontrolling interests 50 42
Tenneco Inc. Shareholders’ equity:    
Common stock 1 1
Premium on common stock and other capital surplus 3,115 3,112
Accumulated other comprehensive loss (519) (541)
Retained earnings (accumulated deficit) (902) (946)
Total shareholders equity before treasury stock 1,695 1,626
Less — Shares held as treasury stock, at cost 930 930
Tenneco Inc. shareholders’ equity 765 696
Noncontrolling interests 60 46
Total equity 825 742
Total liabilities, redeemable noncontrolling interests and equity $ 5,166 $ 4,842