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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues                      
Net sales and operating revenues $ 4,143 $ 4,319 $ 4,504 $ 4,484 $ 4,278 $ 2,371 $ 2,533 $ 2,581 $ 17,450 $ 11,763 $ 9,274
Costs and expenses                      
Cost of sales (exclusive of depreciation and amortization) 3,581 3,660 3,801 3,870 3,673 2,002 2,134 2,193 14,912 10,002 7,771
Selling, general, and administrative                 1,138 752 632
Depreciation and amortization                 673 345 226
Engineering, research, and development                 324 200 158
Restructuring charges and asset impairments                 126 117 47
Goodwill and intangible impairment charge                 241 3 11
Costs and expenses                 17,414 11,419 8,845
Other income (expense)                      
Non-service pension and postretirement benefit (costs) credits                 (11) (20) (16)
Equity in earnings (losses) of nonconsolidated affiliates, net of tax                 43 18 (1)
Loss on extinguishment of debt                 0 (10) (1)
Other income (expense), net                 53 (10) 2
Total other expense (income)                 85 (22) (16)
Earnings (loss) before interest expense, income taxes, and noncontrolling interests (144) 148 141 (24) (23) 112 111 122 121 322 413
Interest expense                 (322) (148) (77)
Earnings (loss) before income taxes, noncontrolling interests and equity in net income from affiliated companies                 (201) 174 336
Income tax (expense) benefit                 (19) (63) (71)
Net income (loss)                 (220) 111 265
Less: Net income attributable to noncontrolling interests                 114 56 67
Net income (loss) attributable to Tenneco Inc. $ (313) $ 70 $ 26 $ (117) $ (109) $ 57 $ 47 $ 60 $ (334) $ 55 $ 198
Basic earnings (loss) per share:                      
Earnings (loss) per share (in dollars per share) $ (3.87) $ 0.87 $ 0.32 $ (1.44) $ (1.35) $ 1.11 $ 0.92 $ 1.17 $ (4.12) $ 0.93 $ 3.75
Weighted average shares outstanding (in shares)                 80,904,060 58,625,087 52,796,184
Diluted earnings (loss) per share:                      
Earnings (loss) per share (in dollars per share) $ (3.87) $ 0.87 $ 0.32 $ (1.44) $ (1.35) $ 1.11 $ 0.92 $ 1.17 $ (4.12) $ 0.93 $ 3.73
Weighted average shares outstanding (in shares)                 80,904,060 58,758,732 53,026,911