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Quarterly Financial Data (Unaudited)
 12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited) Quarterly Financial Data (Unaudited)

The following tables present the unaudited quarterly results of operations for the eight quarters ended December 31, 2019. This quarterly information has been prepared on the same basis as the consolidated financial statements and, in the opinion of management, reflects all adjustments necessary for the fair statement of the information for the periods presented. This data should be read in conjunction with the consolidated financial statements and related disclosures. Operating results for any
quarter apply to that quarter only and are not necessarily indicative of results for any future period. The 2018 amounts below reflect the reclassifications to prior periods as discussed in Note 2, Summary of Significant Accounting Policies.

 
Net sales and operating revenues
 
Cost of sales (exclusive of depreciation and amortization)(a)
 
Earnings (loss) before interest expense, income taxes, and noncontrolling interests
 
Net income (loss) attributable to Tenneco Inc.
Quarter
 
 
 
2019
 
 
 
 
 
 
 
1st
$
4,484

 
$
3,870

 
$
(24
)
 
$
(117
)
2nd
4,504

 
3,801

 
141

 
26

3rd
4,319

 
3,660

 
148

 
70

4th (c)
4,143

 
3,581

 
(144
)
 
(313
)
Full Year
$
17,450

 
$
14,912

 
$
121

 
$
(334
)
 
Net sales and operating revenues
 
Cost of sales (exclusive of depreciation and amortization)
 
Earnings (loss) before interest expense, income taxes, and noncontrolling interests
 
Net income (loss) attributable to Tenneco Inc.
Quarter
 
 
 
2018
 
 
 
 
 
 
 
1st
$
2,581

 
$
2,193

 
$
122

 
$
60

2nd
2,533

 
2,134

 
111

 
47

3rd
2,371

 
2,002

 
112

 
57

4th
4,278

 
3,673

 
(23
)
 
(109
)
Full Year
$
11,763

 
$
10,002

 
$
322

 
$
55

 
Basic earnings (loss) per share of common stock(b)
 
Diluted earnings (loss) per share of common stock(b)
Quarter
 
 
 
2019
 
 
 
1st
$
(1.44
)
 
$
(1.44
)
2nd
0.32

 
0.32

3rd
0.87

 
0.87

4th
(3.87
)
 
(3.87
)
Full Year
$
(4.12
)
 
$
(4.12
)
 
Basic earnings (loss) per share of common stock(b)
 
Diluted earnings (loss) per share of common stock(b)
Quarter
 
 
 
2018
 
 
 
1st
$
1.17

 
$
1.17

2nd
0.92

 
0.92

3rd
1.11

 
1.11

4th
(1.35
)
 
(1.35
)
Full Year
$
0.93

 
$
0.93


 

(a) The three months ended March 31, 2019, three months ended June 30, 2019, and three months ended September 30, 2019 amounts have been presented reflecting the reclassifications discussed in Note 2, Summary of Significant Accounting Policies.
(b) The sum of the quarters may not equal the total of the respective year’s earnings per share on either a basic or diluted basis due to changes in the weighted average shares outstanding throughout the year.
(c) The fourth quarter of 2019 includes an immaterial out of period adjustment recorded in the Motorparts segment of $15 million (net of taxes of $5 million) related to the prior quarters of 2019.