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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 859 $ 798
Restricted cash 6 5
Receivables:    
Customer notes and accounts, net 2,308 2,423
Other 111 105
Inventories 1,846 1,743
Prepayments and other current assets 683 619
Total current assets 5,813 5,693
Property, plant and equipment, net 2,872 3,057
Long-term receivables, net 5 8
Goodwill 507 508
Intangibles, net 1,056 1,194
Investments in nonconsolidated affiliates 539 581
Deferred income taxes 266 285
Other assets 564 526
Total assets 11,622 11,852
Current liabilities:    
Short-term debt, including current maturities of long-term debt 57 162
Accounts payable 2,955 2,917
Accrued compensation and employee benefits 381 365
Accrued income taxes 71 54
Accrued expenses and other current liabilities 1,227 1,188
Total current liabilities 4,691 4,686
Long-term debt 5,018 5,171
Deferred income taxes 105 89
Pension and postretirement benefits 830 1,101
Deferred credits and other liabilities 491 546
Commitments and contingencies (Note 13)
Total liabilities 11,135 11,593
Redeemable noncontrolling interests 91 78
Tenneco Inc. shareholders’ equity:    
Preferred stock - $0.01 par value; none issued 0 0
Additional paid-in capital 4,462 4,442
Accumulated other comprehensive loss (595) (744)
Accumulated deficit (2,853) (2,888)
Shares held as treasury stock - at cost: (2021 and 2020 - 14,592,888 shares) (930) (930)
Total Tenneco Inc. shareholders’ equity (deficit) 85 (119)
Noncontrolling interests 311 300
Total equity 396 181
Total liabilities, redeemable noncontrolling interests, and equity 11,622 11,852
Class A    
Tenneco Inc. shareholders’ equity:    
Common stock 1 1
Class B    
Tenneco Inc. shareholders’ equity:    
Common stock $ 0 $ 0