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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues      
Net sales and operating revenues $ 18,035 $ 15,379 $ 17,450
Costs and expenses      
Cost of sales (exclusive of depreciation and amortization) 15,665 13,402 14,912
Selling, general, and administrative 1,017 889 1,138
Depreciation and amortization 593 639 673
Engineering, research, and development 285 273 324
Restructuring charges, net and asset impairments 69 622 126
Goodwill and intangible impairment charges 0 383 241
Costs and expenses 17,629 16,208 17,414
Other income (expense)      
Non-service pension and postretirement benefit (costs) credits 13 18 (11)
Equity in earnings (losses) of nonconsolidated affiliates, net of tax 57 47 43
Gain (loss) on extinguishment of debt 8 2 0
Other income (expense), net 72 38 53
Total other expense (income) 150 105 85
Earnings (loss) before interest expense, income taxes, and noncontrolling interests 556 (724) 121
Interest expense (274) (277) (322)
Earnings (loss) before income taxes and noncontrolling interests 282 (1,001) (201)
Income tax (expense) benefit (182) (459) (19)
Net income (loss) 100 (1,460) (220)
Less: Net income (loss) attributable to noncontrolling interests 65 61 114
Net income (loss) attributable to Tenneco Inc. $ 35 $ (1,521) $ (334)
Basic earnings (loss) per share:      
Basic earnings (loss) per share of common stock (in dollars per share) $ 0.43 $ (18.69) $ (4.12)
Weighted average shares outstanding (in shares) 82,218,480 81,378,474 80,904,060
Diluted earnings (loss) per share:      
Diluted earnings (loss) per share of common stock (in dollars per share) $ 0.42 $ (18.69) $ (4.12)
Weighted average shares outstanding (in shares) 83,600,027 81,378,474 80,904,060