Tenneco (TEN) 10-Q 6 May 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2016	Apr. 29, 2016
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Entity Registrant Name	TENNECO INC
Entity Central Index Key	1,024,725
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		57,287,298

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Revenues
Net sales and operating revenues	$ 2,136	$ 2,023
Costs and expenses
Cost of sales (exclusive of depreciation and amortization shown below)	1,770	1,686
Engineering, research, and development	39	41
Selling, general, and administrative	147	125
Depreciation and amortization of other intangibles	54	50
Costs and expenses	2,010	1,902
Other expense
Loss on sale of receivables	(1)	(1)
Other	(1)	0
Total other income (expense)	(2)	(1)
Earnings before interest expense, income taxes, and noncontrolling interests	124	120
Interest expense	18	16
Earnings before income taxes and noncontrolling interests	106	104
Income tax expense	34	41
Net income	72	63
Less: Net income attributable to noncontrolling interests	15	14
Net income attributable to Tenneco Inc.	$ 57	$ 49
Weighted average shares of common stock outstanding —
Basic (in shares)	57,115,496	61,044,908
Diluted (in shares)	57,445,941	61,593,087
Basic earnings per share of common stock (in dollars per share)	$ 1	$ 0.81
Diluted earnings per share of common stock (in dollars per share)	$ 0.99	$ 0.80

CONDENSED CONSOLIDATED STATEME3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net Income attributable to Tenneco Inc.	$ 57	$ 49
Less: Net income attributable to noncontrolling interests	15	14
Net Income	72	63
Cumulative Translation Adjustment
Balance January 1	(298)	(163)
Translation of foreign currency statements	24	(71)
Balance March 31	(274)	(234)
Additional Liability for Pension and Postretirement Benefits
Balance January 1	(368)	(379)
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax, Portion Attributable to Parent	(4)	(3)
Additional Liability for Pension and Postretirement Benefits, net of tax	4	3
Balance March 31	(364)	(376)
Balance March 31	(638)	(610)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Noncontrolling Interest	1	1
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent	23	(72)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	84	(20)
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	16	15
Other Comprehensive Income	28	(68)
Comprehensive Income	100	(5)
Tenneco Inc.
Cumulative Translation Adjustment
Balance January 1	(297)	(166)
Balance March 31	(274)	(238)
Additional Liability for Pension and Postretirement Benefits
Balance January 1	(368)	(379)
Balance March 31	(364)	(376)
Balance March 31	(638)	(614)
Other Comprehensive Income	27	(69)
Noncontrolling Interests
Cumulative Translation Adjustment
Balance January 1	(1)	3
Balance March 31	0	4
Additional Liability for Pension and Postretirement Benefits
Balance January 1	0	0
Balance March 31	0	0
Balance March 31	0	4
Other Comprehensive Income	$ 1	$ 1

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 374	$ 287
Restricted cash	2	1
Receivables —
Customer notes and accounts, net	1,269	1,102
Other	17	10
Inventories —
Finished goods	296	257
Work in process	248	233
Raw materials	142	135
Materials and supplies	60	57
Prepayments and other	254	229
Total current assets	2,662	2,311
Other assets:
Long-term receivables, net	11	13
Goodwill	59	60
Intangibles, net	21	22
Deferred income taxes	214	218
Other	103	100
Total other assets	408	413
Plant, property, and equipment, at cost	3,513	3,418
Less — Accumulated depreciation and amortization	(2,235)	(2,175)
Plant, property and equipment, net	1,278	1,243
Total Assets	4,348	3,967
Current liabilities:
Short-term debt (including current maturities of long-term debt)	97	86
Accounts payable	1,462	1,376
Accrued taxes	52	37
Accrued interest	16	4
Accrued liabilities	253	250
Other	41	41
Total current liabilities	1,921	1,794
Long-term debt	1,311	1,124
Deferred income taxes	9	7
Postretirement benefits	313	318
Deferred credits and other liabilities	$ 189	$ 206
Commitments and contingencies
Total liabilities	$ 3,743	$ 3,449
Redeemable noncontrolling interests	51	43
Tenneco Inc. Shareholders’ equity:
Common stock	1	1
Premium on common stock and other capital surplus	3,085	3,081
Accumulated other comprehensive loss	(638)	(665)
Retained earnings (accumulated deficit)	(1,391)	(1,448)
Total shareholders equity before treasury stock	1,057	969
Less — Shares held as treasury stock, at cost	552	536
Total Tenneco Inc. shareholders’ equity	505	433
Noncontrolling interests	49	42
Total equity	554	475
Total liabilities, redeemable noncontrolling interests and equity	$ 4,348	$ 3,967

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Operating Activities
Net Income	$ 72	$ 63
Adjustments to reconcile net income to cash used by operating activities —
Depreciation and amortization of other intangibles	54	50
Deferred income taxes	3	(6)
Stock-based compensation	7	6
Changes in components of working capital —
(Increase) decrease in receivables	(160)	(194)
(Increase) decrease in inventories	(51)	(59)
(Increase) decrease in prepayments and other current assets	(19)	(7)
Increase (decrease) in payables	56	77
Increase (decrease) in accrued taxes	15	12
Increase (decrease) in accrued interest	12	13
Increase (decrease) in other current liabilities	(17)	(2)
Changes in long-term assets	3	2
Changes in long-term liabilities	(5)	(3)
Other	1	(2)
Net cash used by operating activities	(29)	(50)
Investing Activities
Proceeds from sale of assets	1	1
Cash payments for plant, property, and equipment	(68)	(77)
Cash payments for software related intangible assets	(6)	(5)
Changes in restricted cash	(1)	3
Net cash used by investing activities	(74)	(78)
Financing Activities
Issuance (Repurchase) of common shares	(2)	0
Tax benefit from stock-based compensation	0	3
Retirement of long-term debt	(4)	(4)
Issuance of long-term debt	5	0
Purchase of common stock under the share repurchase program	(16)	(11)
Net increase (decrease) in bank overdrafts	7	(8)
Net increase (decrease) in revolver borrowings and short-term debt excluding current maturities of long-term debt and short-term borrowings secured by accounts receivable	193	111
Net increase (decrease) in short-term borrowings secured by accounts receivable	0	50
Net cash provided by financing activities	183	141
Effect of foreign exchange rate changes on cash and cash equivalents	7	(7)
Increase in cash and cash equivalents	87	6
Cash and cash equivalents, January 1	287	282
Cash and cash equivalents, March 31 (Note)	374	288
Supplemental Cash Flow Information
Cash paid during the period for interest (net of interest capitalized)	6	4
Cash paid during the period for income taxes (net of refunds)	21	0
Non-cash Investing and Financing Activities
Period end balance of trade payables for plant, property, and equipment	$ 41	$ 34

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS EQUITY (Unaudited) - USD ($) $ in Millions	Total	Common Stock	Premium on Common Stock and Other Capital Surplus	Accumulated Other Comprehensive Loss	Retained Earnings (Accumulated Deficit)	Less — Common Stock Held as Treasury Stock, at Cost	Tenneco Inc.	Noncontrolling Interests
Treasury Stock, Shares, Acquired						192,000
Treasury Stock, Value, Acquired, Cost Method	$ 11
Beginning balance at Dec. 31, 2014		$ 1	$ 3,059	$ (545)	$ (1,695)	$ 323		$ 41
Beginning balance (in shares) at Dec. 31, 2014		64,454,248				3,244,692
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issued pursuant to benefit plans		295,682
Stock options exercised		97,097
Premium on common stock issued pursuant to benefit plans			8
Other comprehensive income (loss)	(68)			(69)			$ (69)	1
Net income attributable to Tenneco Inc.	49				49
Net income								6
Other comprehensive income (loss), noncontrolling interest								1
Ending balance (in shares) at Mar. 31, 2015		64,847,027				3,436,692
Ending balance at Mar. 31, 2015	522	$ 1	3,067	(614)	(1,646)	$ 334	474	48
Treasury Stock, Shares, Acquired						360,000
Treasury Stock, Value, Acquired, Cost Method	16
Beginning balance at Dec. 31, 2015	$ 475	$ 1	3,081	(665)	(1,448)	$ 536		42
Beginning balance (in shares) at Dec. 31, 2015		65,067,132				7,473,325
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issued pursuant to benefit plans		315,706
Stock options exercised	21,392	21,392
Premium on common stock issued pursuant to benefit plans			4
Other comprehensive income (loss)	$ 28			27			27	1
Net income attributable to Tenneco Inc.	57				57
Net income								7
Other comprehensive income (loss), noncontrolling interest								0
Ending balance (in shares) at Mar. 31, 2016		65,404,230				7,833,325
Ending balance at Mar. 31, 2016	$ 554	$ 1	$ 3,085	$ (638)	$ (1,391)	$ 552	$ 505	$ 49

Consolidation and Presentation

Consolidation and Presentation	3 Months Ended
	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Consolidation and Presentation	Consolidation and Presentation As you read the accompanying financial statements you should also read our Annual Report on Form 10-K for the year ended December 31, 2015 . In our opinion, the accompanying unaudited financial statements contain all adjustments (consisting of normal recurring adjustments) necessary to present fairly Tenneco Inc.’s results of operations, comprehensive income, financial position, cash flows, and changes in shareholders’ equity for the periods indicated. We have prepared the unaudited condensed consolidated financial statements pursuant to the rules and regulations of the U.S. Securities and Exchange Commission for interim financial information. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America (U.S. GAAP) for annual financial statements. Our condensed consolidated financial statements include all majority-owned subsidiaries. We carry investments in 20 percent to 50 percent owned companies in which the Company does not have a controlling interest, as equity method investments, at cost plus equity in undistributed earnings since the date of acquisition and cumulative translation adjustments. We have eliminated all intercompany transactions. Accounts Payable Accounts payable included $84 million and $93 million at March 31, 2016 and December 31, 2015 , respectively, for accrued compensation and $23 million and $17 million at March 31, 2016 and December 31, 2015 , respectively, for bank overdrafts at our European subsidiaries.

Financial Instruments

Financial Instruments	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Financial Instruments	Financial Instruments The net carrying and estimated fair values of our financial instruments by class at March 31, 2016 and December 31, 2015 were as follows: March 31, 2016 December 31, 2015 Net Carrying Amount Fair Value Net Carrying Amount Fair Value (Millions) Long-term debt (including current maturities) $ 1,312 $ 1,348 $ 1,125 $ 1,160 Instruments with off-balance sheet risk: Foreign exchange forward contracts: Asset (Liability) derivative contracts (1 ) (1 ) 1 1 Asset and Liability Instruments — The fair value of cash and cash equivalents, short and long-term receivables, accounts payable, and short-term debt was considered to be the same as or was not determined to be materially different from the carrying amount. Long-term Debt — The fair value of our public fixed rate senior notes is based on quoted market prices (level 1). The fair value of our private borrowings under our senior credit facility and other long-term debt instruments is based on the market value of debt with similar maturities, interest rates and risk characteristics (level 2). The fair value of our level 1 debt, as classified in the fair value hierarchy, was $749 million and $748 million at March 31, 2016 and December 31, 2015 , respectively. We have classified $570 million and $390 million as level 2 in the fair value hierarchy at March 31, 2016 and December 31, 2015 , respectively, since we utilize valuation inputs that are observable both directly and indirectly. We classified the remaining $29 million and $22 million , consisting of foreign subsidiary debt, as level 3 in the fair value hierarchy at March 31, 2016 and December 31, 2015 , respectively. The fair value hierarchy definition prioritizes the inputs used in measuring fair value into the following levels: Level 1 — Quoted prices in active markets for identical assets or liabilities. Level 2 — Inputs, other than quoted prices in active markets, that are observable either directly or indirectly. Level 3 — Unobservable inputs based on our own assumptions. Foreign Exchange Forward Contracts — When foreign currency exchange rate risk cannot be managed by operational strategies, we use derivative financial instruments, principally foreign currency forward purchase and sales contracts with terms of less than one year , to hedge our exposure to changes in foreign currency exchange rates. Our primary exposure to changes in foreign currency rates results from intercompany loans made between affiliates to minimize the need for borrowings from third parties. Additionally, we enter into foreign currency forward purchase and sale contracts to mitigate our exposure to changes in exchange rates on certain intercompany and third-party trade receivables and payables. We manage counter-party credit risk by entering into derivative financial instruments with major financial institutions that can be expected to fully perform under the terms of such agreements. We do not enter into derivative financial instruments for speculative purposes. The fair value of our foreign currency forward contracts is based on an internally developed model which incorporates observable inputs including quoted spot rates, forward exchange rates and discounted future expected cash flows utilizing market interest rates with similar quality and maturity characteristics. We record the change in fair value of these foreign exchange forward contracts as part of currency gains (losses) within cost of sales in the condensed consolidated statements of income. The fair value of foreign exchange forward contracts are recorded in prepayments and other current assets or other current liabilities in the condensed consolidated balance sheet. The fair value of our foreign exchange forward contracts was a net liability position of $1 million at March 31, 2016 and a net asset position of $1 million at December 31, 2015 . The following table summarizes by major currency the notional amounts for foreign currency forward purchase and sale contracts as of March 31, 2016 (all of which mature in 2016): Notional Amount in Foreign Currency (Millions) Australian dollars —Purchase 1 British pounds —Purchase 39 —Sell (39 ) Canadian dollars —Sell (2 ) European euro —Purchase 19 —Sell (41 ) South African rand —Purchase 70 —Sell (200 ) Japanese yen —Purchase 400 —Sell (416 ) U.S. dollars —Purchase 105 —Sell (70 ) Guarantees —We have from time to time issued guarantees for the performance of obligations by some of our subsidiaries, and some of our subsidiaries have guaranteed our debt. All of our existing and future material domestic wholly-owned subsidiaries fully and unconditionally guarantee our senior credit facility and our senior notes on a joint and several basis. The arrangement for the senior credit facility is also secured by first-priority liens on substantially all our domestic assets and pledges of up to 66 percent of the stock of certain first-tier foreign subsidiaries. No assets or capital stock secure our senior notes. For additional information, refer to Note 13 of the consolidated financial statements of Tenneco Inc., where we present the Supplemental Guarantor Condensed Consolidating Financial Statements. We have two performance guarantee agreements in the U.K. between Tenneco Management (Europe) Limited (“TMEL”) and the two Walker Group Retirement Plans, the Walker Group Employee Benefit Plan and the Walker Group Executive Retirement Benefit Plan (the “Walker Plans”), whereby TMEL will guarantee the payment of all current and future pension contributions in the event of a payment default by the sponsoring or participating employers of the Walker Plans. The Walker Plans are comprised of employees from Tenneco Walker (U.K.) Limited and our Futaba-Tenneco U.K. joint venture. Employer contributions are funded by both Tenneco Walker (U.K.) Limited, as the sponsoring employer and Futaba-Tenneco U.K., as a participating employer. The performance guarantee agreements are expected to remain in effect until all pension obligations for the Walker Plans’ sponsoring and participating employers have been satisfied. The maximum amount payable for these pension performance guarantees that is not attributable to Tenneco is approximately $9 million as of March 31, 2016 which is determined by taking 105 percent of the liability of the Walker Plans calculated under section 179 of the U.K. Pension Act of 2004 offset by plan assets multiplied by the ownership percent attributable to Futaba-Tenneco U.K. We did not record an additional liability for this performance guarantee since Tenneco Walker (U.K.) Limited, as the sponsoring employer of the Walker Plans, already recognizes 100 percent of the pension obligation calculated based on U.S. GAAP, for all of the Walker Plans’ participating employers on its balance sheet, which was $10 million and $11 million at March 31, 2016 and December 31, 2015 , respectively. At March 31, 2016 , all pension contributions under the Walker Plans were current for all of the Walker Plans’ sponsoring and participating employers. In June 2011, we entered into an indemnity agreement between TMEL and Futaba Industrial Co. Ltd. which requires Futaba to indemnify TMEL for any cost, loss or liability which TMEL may incur under the performance guarantee agreements relating to the Futaba-Tenneco U.K. joint venture. The maximum amount reimbursable by Futaba to TMEL under this indemnity agreement is equal to the amount incurred by TMEL under the performance guarantee agreements multiplied by Futaba’s shareholder ownership percentage of the Futaba-Tenneco U.K. joint venture. At March 31, 2016 , the maximum amount reimbursable by Futaba to TMEL is approximately $9 million . We have issued guarantees through letters of credit in connection with some obligations of our affiliates. As of March 31, 2016 , we have guaranteed $32 million in letters of credit to support some of our subsidiaries’ insurance arrangements, foreign employee benefit programs, environmental remediation activities and cash management and capital requirements. Financial Instruments — One of our European subsidiaries receives payment from one of its customers whereby the accounts receivable are satisfied through the delivery of negotiable financial instruments. We may collect these financial instruments before their maturity date by either selling them at a discount or using them to satisfy accounts receivable that have previously been sold to a European bank. Any of these financial instruments which are not sold are classified as other current assets. Such financial instruments held by our European subsidiary totaled zero and less than $1 million at March 31, 2016 and December 31, 2015 , respectively. In certain instances, several of our Chinese subsidiaries receive payments from customers through the receipt of financial instruments on the date the customer payments are due. Several of our Chinese subsidiaries also satisfy vendor payments through the delivery of financial instruments on the date the payments are due. Financial instruments issued to satisfy vendor payables and not redeemed totaled $23 million and $15 million at March 31, 2016 and December 31, 2015 , respectively, and were classified as notes payable. Financial instruments received from OE customers and not redeemed totaled $5 million and $8 million at March 31, 2016 and December 31, 2015 , respectively. We classify financial instruments received from our customers as other current assets if issued by a financial institution of our customers or as customer notes and accounts, net if issued by our customer. We classified $5 million and $8 million in other current assets at March 31, 2016 and December 31, 2015 , respectively. The financial instruments received by one of our European subsidiaries and some of our Chinese subsidiaries are drafts drawn that are payable at a future date and, in some cases, are negotiable and/or are guaranteed by the banks of the customers. The use of these instruments for payment follows local commercial practice. Because certain of such financial instruments are guaranteed by our customers’ banks, we believe they represent a lower financial risk than the outstanding accounts receivable that they satisfy which are not guaranteed by a bank. Supply Chain Financing — Certain of our suppliers in the U.S. participate in a supply chain financing program under which they securitize their accounts receivables from Tenneco. Financial institutions participate in the supply chain financing program on an uncommitted basis and can cease purchasing receivables from Tenneco's suppliers at any time. If the financial institution did not continue to purchase receivables from Tenneco's suppliers under this program, the participating vendors may have a need to renegotiate their payment terms with Tenneco which in turn would cause our borrowings under our revolving credit facility to increase. Restricted Cash - Some of our Chinese subsidiaries that issue their own financial instruments to pay vendors are required to maintain a cash balance if they exceed credit limits with the financial institution that guarantees the financial instruments. A restricted cash balance was required at those Chinese subsidiaries for $2 million and $1 million at March 31, 2016 and December 31, 2015 , respectively.

Long-Term Debt and Financing Ar

Long-Term Debt and Financing Arrangements	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Long-Term Debt and Financing Arrangements	Long-Term Debt and Financing Arrangements Our financing arrangements are primarily provided by a committed senior secured financing arrangement with a syndicate of banks and other financial institutions. The arrangement is secured by substantially all our domestic assets and pledges of up to 66 percent of the stock of certain first-tier foreign subsidiaries, as well as guarantees by our material domestic subsidiaries. As of March 31, 2016 , the senior credit facility provides us with a total revolving credit facility size of $1,200 million and had a $281 million balance outstanding under the Tranche A Term Facility, both of which will mature on December 8, 2019 . Net carrying amount for the balance outstanding under the Tranche A Term Facility including a $2 million debt issuance cost was $279 million as of March 31, 2016 . Funds may be borrowed, repaid and re-borrowed under the revolving credit facility without premium or penalty (subject to any customary LIBOR breakage fees). The revolving credit facility is reflected as debt on our balance sheet only if we borrow money under this facility or if we use the facility to make payments for letters of credit. Outstanding letters of credit reduce our availability to borrow revolving loans under the facility. We are required to make quarterly principal payments under the Tranche A Term Facility of $3.75 million through December 31, 2016 , $5.625 million beginning March 31, 2017 through December 31, 2017, $7.5 million beginning March 31, 2018 through September 30, 2019 and a final payment of $195 million is due on December 8, 2019. We have excluded the required payments, within the next twelve months, under the Tranche A Term Facility totaling $17 million from current liabilities as of March 31, 2016 , because we have the intent and ability to refinance the obligations on a long-term basis by using our revolving credit facility. The financial ratios required under the amended and restated senior credit facility, and the actual ratios we achieved for the first quarter of 2016, are as follows: Quarter Ended March 31, 2016 Required Actual Leverage Ratio (maximum) 3.50 1.54 Interest Coverage Ratio (minimum) 2.75 13.90 The senior credit facility includes a maximum leverage ratio covenant of 3.50 and a minimum interest coverage ratio of 2.75 , in each case through December 8, 2019. At March 31, 2016 , of the $1,200 million available under the revolving credit facility, we had unused borrowing capacity of $912 million with $288 million in outstanding borrowings and zero in outstanding letters of credit. As of March 31, 2016 , our outstanding debt also included (i) $281 million of a term loan which consisted of a $279 million net carrying amount including a $2 million debt issuance cost related to our Tranche A Term Facility which is subject to quarterly principal payments as described above through December 8, 2019 , (ii) $225 million of notes which consisted of a $221 million net carrying amount including a $4 million debt issuance cost of 5 3 /8 percent senior notes due December 15, 2024 , (iii) $500 million of notes which consisted of a $494 million net carrying amount including a $6 million debt issuance cost of 6 7 /8 percent senior notes due December 15, 2020 , and (iv) $126 million of other debt.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes For interim tax reporting we estimate our annual effective tax rate and apply it to our year to date ordinary income. Jurisdictions where no tax benefit can be recognized due to a valuation allowance are excluded from the estimated annual effective tax rate. The impact of including these jurisdictions on the quarterly effective rate calculation could result in a higher or lower effective tax rate during a particular quarter due to the mix and timing of actual earnings versus annual projections. The tax effects of certain unusual or infrequently occurring items, including changes in judgment about valuation allowances and effects of changes in tax laws or rates, are excluded from the estimated annual effective tax rate calculation and recognized in the interim period in which they occur. We reported income tax expense of $34 million and $41 million in the three month periods ended March 31, 2016 and 2015, respectively. The tax expense recorded in the first quarter of 2016 included a net tax benefit of $3 million primarily relating to tax adjustments to uncertain tax positions and prior year income tax estimates. The tax expense recorded in the first quarter of 2015 included a net tax expense of $1 million primarily relating to changes to uncertain tax positions and prior year income tax estimates. We believe it is reasonably possible that up to $10 million in unrecognized tax benefits related to the expiration of foreign statute of limitations and the conclusion of income tax examinations may be recognized within the next twelve months.

Accounts Receivable Securitizat

Accounts Receivable Securitization	3 Months Ended
	Mar. 31, 2016
Accounts Receivable Additional Disclosures [Abstract]
Accounts Receivable Securitization	Accounts Receivable Securitization We securitize some of our accounts receivable on a limited recourse basis in the U.S. and Europe. As servicer under these accounts receivable securitization programs, we are responsible for performing all accounts receivable administration functions for these securitized financial assets including collections and processing of customer invoice adjustments. In the U.S., we have an accounts receivable securitization program with three commercial banks comprised of a first priority facility and a second priority facility. We securitize original equipment and aftermarket receivables on a daily basis under the bank program. In March 2015, the U.S. program was amended and extended to April 30, 2017. The first priority facility provides financing of up to $130 million and the second priority facility, which is subordinated to the first priority facility, provides up to an additional $50 million of financing. Both facilities monetize accounts receivable generated in the U.S. that meet certain eligibility requirements, and the second priority facility also monetizes certain accounts receivable generated in the U.S. that would otherwise be ineligible under the first priority securitization facility. The amount of outstanding third-party investments in our securitized accounts receivable under the U.S. program was $30 million at both March 31, 2016 and December 31, 2015 . Each facility contains customary covenants for financings of this type, including restrictions related to liens, payments, mergers or consolidations and amendments to the agreements underlying the receivables pool. Further, each facility may be terminated upon the occurrence of customary events (with customary grace periods, if applicable), including breaches of covenants, failure to maintain certain financial ratios, inaccuracies of representations and warranties, bankruptcy and insolvency events, certain changes in the rate of default or delinquency of the receivables, a change of control and the entry or other enforcement of material judgments. In addition, each facility contains cross-default provisions, where the facility could be terminated in the event of non-payment of other material indebtedness when due and any other event which permits the acceleration of the maturity of material indebtedness. We also securitize receivables in our European operations with regional banks in Europe. The arrangements to securitize receivables in Europe are provided under six separate facilities provided by various financial institutions in each of the foreign jurisdictions. The commitments for these arrangements are generally for one year , but some may be canceled with notice 90 days prior to renewal. In some instances, the arrangement provides for cancellation by the applicable financial institution at any time upon notification. The amount of outstanding third-party investments in our securitized accounts receivable in Europe was $208 million and $174 million at March 31, 2016 and December 31, 2015 , respectively. If we were not able to securitize receivables under either the U.S. or European securitization programs, our borrowings under our revolving credit agreement might increase. These accounts receivable securitization programs provide us with access to cash at costs that are generally favorable to alternative sources of financing, and allow us to reduce borrowings under our revolving credit agreement. In our U.S. accounts receivable securitization programs, we transfer a partial interest in a pool of receivables and the interest that we retain is subordinate to the transferred interest. Accordingly, we account for our U.S. securitization program as a secured borrowing. In our European programs, we transfer accounts receivables in their entirety to the acquiring entities and satisfy all of the conditions established under ASC Topic 860, “Transfers and Servicing,” to report the transfer of financial assets in their entirety as a sale. The fair value of assets received as proceeds in exchange for the transfer of accounts receivable under our European securitization programs approximates the fair value of such receivables. We recognized $1 million and less than $1 million interest expense in the three month periods ended March 31, 2016 and 2015 , respectively, relating to our U.S. securitization program. In addition, we recognized a loss of $1 million in each of the three month periods ended March 31, 2016 and 2015 , on the sale of trade accounts receivable in our European accounts receivable securitization programs, representing the discount from book values at which these receivables were sold to our banks. The discount rate varies based on funding costs incurred by our banks, which averaged approximately two percent during the first three months of both 2016 and 2015.

Restructuring and Other Charges

Restructuring and Other Charges	3 Months Ended
	Mar. 31, 2016
Restructuring and Related Activities [Abstract]
Restructuring and Other Charges	Restructuring and Other Charges Over the past several years, we have adopted plans to restructure portions of our operations. These plans were approved by our Board of Directors and were designed to reduce operational and administrative overhead costs throughout the business. For the full year 2015, we incurred $63 million in restructuring and related costs including asset write-downs of $10 million , primarily related to European cost reduction efforts, exiting the Marzocchi suspension business, headcount reductions in Australia and South America, and the closure of a JIT plant in Australia, of which $46 million was recorded in cost of sales, $11 million in SG&A, $1 million in engineering expense, $1 million in other expense and $4 million in depreciation and amortization expense. In the first quarter of 2016, we incurred $14 million in restructuring and related costs including asset write-downs of $5 million , primarily related to European cost reduction efforts and headcount reductions in South America, of which $3 million was recorded in cost of sales, $6 million in SG&A, $2 million in other expense and $3 million in depreciation and amortization expense. In the first quarter of 2015, we incurred $5 million in restructuring and related costs, primarily related to European cost reduction efforts and the closure of a JIT plant in Australia, of which $4 million was recorded in cost of sales and $1 million in SG&A. Amounts related to activities that are part of our restructuring reserves are as follows: December 31, 2016 2016 Impact of Exchange Rates March 31, 2016 (Millions) Employee Severance, Termination Benefits and Other Related Costs $30 9 (26 ) 2 $15 On January 31, 2013, we announced our intent to reduce structural costs in Europe by approximately $60 million annually. During the first quarter of 2016, we reached an annualized run rate on this cost reduction initiative of $49 million . With the disposition of the Gijon plant, which was completed at the end of the first quarter, the annualized rate will essentially reach our target of $55 million , at the current exchange rates. In the first quarter of 2016, we incurred $14 million in restructuring and related costs, of which $12 million was related to this initiative. While we are nearing the completion of this initiative, we expect to incur additional restructuring and related costs in 2016 due to certain ongoing matters. For example, we closed a plant in Gijon, Spain in 2013, but subsequently re-opened it in July 2014 with about half of its prior workforce after the employees' works council successfully filed suit challenging the closure decision. Pursuant to an agreement we entered into with employee representatives, we engaged in a sales process for the facility. In March of 2016, we signed an agreement to transfer ownership of the aftermarket shock absorber manufacturing facility in Gijon, Spain to German private equity fund Quantum Capital Partners A.G. (QCP). The transfer to QCP was effective March 31, 2016 and under a three year manufacturing agreement, QCP will also continue as a supplier to Tenneco. On July 22, 2015, we announced our intention to discontinue our Marzocchi motorcycle fork suspension product line and our mountain bike suspension product line, and liquidate our Marzocchi operations. These actions were subject to a consultation process with the employee representatives and in total eliminated approximately 138 jobs. We employed 127 people at the Marzocchi plant in Bologna, Italy and an additional 11 people in our operations in North America and Taiwan. In November 2015, we closed on the sale of certain assets related to our Marzocchi mountain bike suspension product line to the affiliates of Fox Factory Holding Corp.; and in December 2015, we closed on the sale of the Marzocchi motorcycle fork product line to an Italian company, VRM S.p.A. These actions were a part of our ongoing efforts to optimize our Ride Performance product line globally while continuously improving our operations and increasing profitability. We recorded charges of $29 million in 2015 related to severance and other employee related costs, asset write-downs and other expenses related to these sales. Under the terms of our amended and restated senior credit agreement that took effect on December 8, 2014, we are allowed to exclude up to $150 million in the aggregate of all costs, expenses, fees, fines, penalties, judgments, legal settlements and other amounts associated with any restructuring, litigation, claim, proceeding or investigation related to or undertaken by us or any of our subsidiaries, together with any related provision for taxes, incurred after December 8, 2014 in the calculation of the financial covenant ratios required under our senior credit facility. As of March 31, 2016 , we had excluded $62 million of allowable charges relating to restructuring initiatives against the $150 million available under the terms of the senior credit facility.

Environmental Matters, Litigati

Environmental Matters, Litigation and Product Warranties	3 Months Ended
	Mar. 31, 2016
Environmental Matters, Litigation and Product Warranties [Abstract]
Environmental Matters, Litigation and Product Warranties	Environmental Matters, Legal Proceedings and Product Warranties We are involved in environmental remediation matters, legal proceedings, claims, investigations and warranty obligations. These matters are typically incidental to the conduct of our business and create the potential for contingent losses. We accrue for potential contingent losses when our review of available facts indicates that it is probable a loss has been incurred and the amount of the loss is reasonably estimable. Each quarter we assess our loss contingencies based upon currently available facts, existing technology, presently enacted laws and regulations and taking into consideration the likely effects of inflation and other societal and economic factors and record adjustments to these reserves as required. As an example, we consider all available evidence, including prior experience in remediation of contaminated sites, other companies’ cleanup experiences and data released by the United States Environmental Protection Agency or other organizations when we evaluate our environmental remediation contingencies. All of our loss contingency estimates are subject to revision in future periods based on actual costs or new information. With respect to our environmental liabilities, where future cash flows are fixed or reliably determinable, we have discounted those liabilities. We evaluate recoveries separately from the liability and, when they are assured, recoveries are recorded and reported separately from the associated liability in our consolidated financial statements. Environmental Matters We are subject to a variety of environmental and pollution control laws and regulations in all jurisdictions in which we operate. We expense or capitalize, as appropriate, expenditures for ongoing compliance with environmental regulations that relate to current operations. We expense costs related to an existing condition caused by past operations that do not contribute to current or future revenue generation. As of March 31, 2016 , we have the obligation to remediate or contribute towards the remediation of certain sites, including one Federal Superfund site. At March 31, 2016 , our aggregated estimated share of environmental remediation costs for all these sites on a discounted basis was approximately $15 million , of which $2 million is recorded in other current liabilities and $13 million is recorded in deferred credits and other liabilities in our condensed consolidated balance sheet. For those locations where the liability was discounted, the weighted average discount rate used was 1.7 percent . The undiscounted value of the estimated remediation costs was $17 million . Our expected payments of environmental remediation costs are estimated to be approximately $2 million in 2016, $1 million each year beginning 2017 through 2020 and $11 million in aggregate thereafter. Based on information known to us, we have established reserves that we believe are adequate for these costs. Although we believe these estimates of remediation costs are reasonable and are based on the latest available information, the costs are estimates and are subject to revision as more information becomes available about the extent of remediation required. At some sites, we expect that other parties will contribute to the remediation costs. In addition, certain environmental statutes provide that our liability could be joint and several, meaning that we could be required to pay in excess of our share of remediation costs. Our understanding of the financial strength of other potentially responsible parties at these sites has been considered, where appropriate, in our determination of our estimated liability. We do not believe that any potential costs associated with our current status as a potentially responsible party in the Federal Superfund site, or as a liable party at the other locations referenced herein, will be material to our consolidated financial position, results of operations, or liquidity. Antitrust Investigations and Litigation On March 25, 2014, representatives of the European Commission were at Tenneco GmbH's Edenkoben, Germany administrative facility to gather information in connection with an ongoing global antitrust investigation concerning multiple automotive suppliers. On March 25, 2014, we also received a related subpoena from the U.S. Department of Justice ("DOJ"). On November 5, 2014, the DOJ granted us conditional leniency pursuant to an agreement we entered into under the Antitrust Division's Corporate Leniency Policy. This agreement provides us with important benefits in exchange for our self-reporting of matters to the DOJ and our continuing full cooperation with the DOJ's resulting investigation. For example, the DOJ will not bring any criminal antitrust prosecution against us, nor seek any criminal fines or penalties, in connection with the matters we reported to the DOJ. Additionally, there are limits on our liability related to any follow on civil antitrust litigation in the U.S. The limits include single rather than treble damages, as well as relief from joint and several antitrust liability with other relevant civil antitrust action defendants. These limits are subject to our satisfying the DOJ and any court presiding over such follow on civil litigation. Certain other competition agencies are also investigating possible violations of antitrust laws relating to products supplied by our company. We have cooperated and continue to cooperate fully with all of these antitrust investigations, and take other actions to minimize our potential exposure. Tenneco and certain of its competitors are also currently defendants in civil putative class action litigation in the United States. More related lawsuits may be filed, including in other jurisdictions. Plaintiffs in these cases generally allege that defendants have engaged in anticompetitive conduct, in violation of federal and state laws, relating to the sale of automotive exhaust systems or components thereof. Plaintiffs seek to recover, on behalf of themselves and various purported classes of purchasers, injunctive relief, damages and attorneys’ fees. However, as explained above, because we received conditional leniency from the DOJ, our civil liability in these follow on actions is limited to single damages and we will not be jointly and severally liable with the other defendants, provided that we have satisfied our obligations under the DOJ leniency agreement and approval is granted by the presiding court. Antitrust law investigations, civil litigation, and related matters often continue for several years and can result in significant penalties and liability. We intend to vigorously defend the company and/or take other actions to minimize our potential exposure. In light of the many uncertainties and variables involved, we cannot estimate the ultimate impact that these matters may have on our company. Further, there can be no assurance that the ultimate resolution of these matters will not have a material adverse effect on our consolidated financial position, results of operations or liquidity. Other Legal Proceedings, Claims and Investigations We are also from time to time involved in other legal proceedings, claims or investigations. Some of these matters involve allegations of damages against us relating to environmental liabilities (including toxic tort, property damage and remediation), intellectual property matters (including patent, trademark and copyright infringement, and licensing disputes), personal injury claims (including injuries due to product failure, design or warning issues, and other product liability related matters), taxes, employment matters, and commercial or contractual disputes, sometimes related to acquisitions or divestitures. Additionally, some of these matters involve allegations relating to legal compliance. For example, one of our Argentine subsidiaries is currently defending itself against a criminal complaint alleging the failure to comply with laws requiring the proceeds of export transactions to be collected, reported and/or converted to local currency within specified time periods. As another example, in the U.S. we are subject to an audit in 11 states with respect to the payment of unclaimed property to those states, spanning a period as far back as over 30 years . While we vigorously defend ourselves against all of these legal proceedings, claims and investigations and take other actions to minimize our potential exposure, in future periods, we could be subject to cash costs or charges to earnings if any of these matters are resolved on unfavorable terms. Although the ultimate outcome of any legal matter cannot be predicted with certainty, based on current information, including our assessment of the merits of the particular claim, except as described above under "Antitrust Investigations," we do not expect the legal proceedings, claims or investigations currently pending against us will have any material adverse impact on our consolidated financial position, results of operations or liquidity. In addition, for many years we have been and continue to be subject to lawsuits initiated by claimants alleging health problems as a result of exposure to asbestos. Our current docket of active and inactive cases is less than 500 cases nationwide. A small number of claims have been asserted against one of our subsidiaries by railroad workers alleging exposure to asbestos products in railroad cars. The substantial majority of the remaining claims are related to alleged exposure to asbestos in our automotive products although a significant number of those claims appear also to involve occupational exposures sustained in industries other than automotive. We believe, based on scientific and other evidence, it is unlikely that claimants were exposed to asbestos by our former products and that, in any event, they would not be at increased risk of asbestos-related disease based on their work with these products. Further, many of these cases involve numerous defendants, with the number in some cases exceeding 100 defendants from a variety of industries. Additionally, the plaintiffs either do not specify any, or specify the jurisdictional minimum, dollar amount for damages. As major asbestos manufacturers and/or users continue to go out of business or file for bankruptcy, we may experience an increased number of these claims. We vigorously defend ourselves against these claims as part of our ordinary course of business. In future periods, we could be subject to cash costs or charges to earnings if any of these matters are resolved unfavorably to us. To date, with respect to claims that have proceeded sufficiently through the judicial process, we have regularly achieved favorable resolutions. Accordingly, we presently believe that these asbestos-related claims will not have a material adverse impact on our future consolidated financial position, results of operations or liquidity. Warranty Matters We provide warranties on some of our products. The warranty terms vary but range from one year up to limited lifetime warranties on some of our premium aftermarket products. Provisions for estimated expenses related to product warranty are made at the time products are sold or when specific warranty issues are identified with our products. These estimates are established using historical information about the nature, frequency, and average cost of warranty claims. We actively study trends of our warranty claims and take action to improve product quality and minimize warranty claims. We believe that the warranty reserve is appropriate; however, actual claims incurred could differ from the original estimates, requiring adjustments to the reserve. The reserve is included in both current and long-term liabilities on the balance sheet. Below is a table that shows the activity in the warranty accrual accounts: Three Months Ended March 31, 2016 2015 (Millions) Beginning Balance January 1, $ 23 $ 26 Accruals related to product warranties 2 3 Reductions for payments made (1 ) (4 ) Ending Balance March 31, $ 24 $ 25

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Earnings per share of common stock outstanding were computed as follows: Three Months Ended March 31, 2016 Three Months Ended March 31, 2015 (Millions Except Share and Per Share Amounts) Basic earnings per share — Net income attributable to Tenneco Inc. $ 57 $ 49 Weighted Average shares of common stock outstanding 57,115,496 61,044,908 Earnings per share of common stock $ 1.00 $ 0.81 Diluted earnings per share — Net income attributable to Tenneco Inc. $ 57 $ 49 Weighted Average shares of common stock outstanding 57,115,496 61,044,908 Effect of dilutive securities: Restricted stock 48,603 83,291 Stock options 281,842 464,888 Weighted Average shares of common stock outstanding including dilutive securities 57,445,941 61,593,087 Earnings per share of common stock $ 0.99 $ 0.80 Options to purchase 335,826 and 183,315 shares of common stock were outstanding as of March 31, 2016 and 2015, respectively, but not included in the computation of diluted earnings per share respectively, because the options were anti-dilutive.

Common Stock

Common Stock	3 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Common Stock	Common Stock Equity Plans — We have granted a variety of awards, including common stock, restricted stock, restricted stock units, performance units, stock appreciation rights (“SARs”), and stock options to our directors, officers, and employees. Accounting Methods — We recorded compensation expense (net of taxes) of less than $1 million and $1 million in the three month periods ended March 31, 2016 and 2015, respectively, related to nonqualified stock options as part of our selling, general and administrative expense. This had no impact on basic or diluted earnings per share for the three month period ended March 31, 2016 and resulted in a decrease of $0.01 in both basic and diluted earnings per share for the three month period ended March 31, 2015 . For employees eligible to retire at the grant date, we immediately expense stock options and restricted stock. If employees become eligible to retire during the vesting period, we immediately recognize any remaining expense associated with their stock options and restricted stock. As of March 31, 2016 , there was approximately $1 million of unrecognized compensation costs related to our stock option awards that we expect to recognize over a weighted average period of 0.2 years. Compensation expense for restricted stock, restricted stock units, long-term performance units and SARs (net of taxes) was $7 million and $6 million for the three month periods ended March 31, 2016 and 2015, respectively, and was recorded in selling, general, and administrative expense in our condensed consolidated statements of income. Cash received from stock option exercises for the three months ended March 31, 2016 and 2015 was less than $1 million and $2 million , respectively. Stock options exercised in the first three months of 2016 and 2015 generated a tax shortfall of less than $1 million and a tax benefit of $3 million , respectively. We started to record this tax effect in the third quarter of 2013 when we began utilizing our federal and state NOLs. Stock Options — The following table reflects the status and activity for all options to purchase common stock for the period indicated: Three Months Ended March 31, 2016 Shares Under Option Weighted Avg. Exercise Prices Weighted Avg. Remaining Life in Years Aggregate Intrinsic Value (Millions) Outstanding Stock Options Outstanding, January 1, 2016 1,144,719 $ 34.69 3.7 $ 19 Adjustment 2,200 1.99 Exercised (21,392 ) 8.56 1 Outstanding, March 31, 2016 1,125,527 $ 35.12 3.5 $ 12 There were no stock options granted in 2015 or 2016. The total fair value of shares vested from options that were granted prior to 2015 was $2 million and $4 million for the periods ended March 31, 2016 and 2015, respectively. Restricted Stock — The following table reflects the status for all nonvested restricted shares for the period indicated: Three Months Ended March 31, 2016 Shares Weighted Avg. Grant Date Fair Value Nonvested Restricted Shares Nonvested balance at January 1, 2016 496,842 $ 51.65 Granted 347,398 35.98 Vested (156,109 ) 46.50 Nonvested balance at March 31, 2016 688,131 $ 44.90 The fair value of restricted stock grants is usually equal to the average of the high and low trading price of our stock on the date of grant. As of March 31, 2016 , approximately $22 million of total unrecognized compensation costs related to restricted stock awards is expected to be recognized over a weighted-average period of approximately 2.3 years. The total fair value of restricted shares vested was $7 million and $6 million at March 31, 2016 and 2015, respectively. In January 2015, our Board of Directors approved a share repurchase program, authorizing our company to repurchase up to $350 million of our outstanding common stock over a three -year period. This repurchase program does not obligate Tenneco to make repurchases at any specific time or situation and is part of our overall capital allocation strategy. In October 2015, our Board of Directors expanded our company's share repurchase plan, authorizing the repurchase of an additional $200 million of our company's outstanding common stock. This authorization is in addition to the $350 million share repurchase program our company announced in January 2015. We repurchased 360,000 shares for $16 million through this program in the three months ended March 31, 2016 . Since we announced the current share repurchase program in January 2015, we have repurchased 4.6 million shares for $229 million through March 31, 2016 . Treasury stock shares including repurchased shares were 7,833,325 and 7,473,325 shares at March 31, 2016 and December 31, 2015 , respectively. Long-Term Performance Units, Restricted Stock Units and SARs — Long-term performance units, restricted stock units and SARs are paid in cash and recognized as a liability based upon their fair value. As of March 31, 2016 , $35 million of total unrecognized compensation costs is expected to be recognized over a weighted-average period of approximately 1.3 years.

Pension Plans, Postretirement a

Pension Plans, Postretirement and Other Employee Benefits	3 Months Ended
	Mar. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Pension Plans, Postretirement and Other Employee Benefits	Pension Plans, Postretirement and Other Employee Benefits Net periodic pension costs and postretirement benefit costs consist of the following components: Three Months Ended March 31, Pension Postretirement 2016 2015 2016 2015 US Foreign US Foreign US US (Millions) Service cost — benefits earned during the period $ — $ 2 $ — $ 2 $ — $ — Interest cost 4 4 5 4 1 1 Expected return on plan assets (6 ) (5 ) (6 ) (5 ) — — Net amortization: Actuarial loss 2 2 2 2 1 1 Prior service cost — — — — — (1 ) Net pension and postretirement costs $ — $ 3 $ 1 $ 3 $ 2 $ 1 For the three months ended March 31, 2016 , we made pension contributions of $1 million and $3 million for our domestic and foreign pension plans, respectively. Based on current actuarial estimates, we believe we will be required to contribute approximately $38 million for the remainder of 2016 , which includes estimated contributions for the pension buyout. Pension contributions beyond 2016 will be required, but those amounts will vary based upon many factors including, for example, the performance of our pension fund investments during 2016 . In February 2016, the Company launched a voluntary program to buy out active employees and retirees who have earned benefits in the U.S. pension plans and announced that the program is expected to be completed by the end of 2016. We will record a non-cash charge at that time. Cash payments to those who elect to take the buyout will be made from pension plan assets. We made postretirement contributions of approximately $2 million during the first three months of 2016 . Based on current actuarial estimates, we believe we will be required to contribute approximately $7 million for the remainder of 2016 . The assets of some of our pension plans are invested in trusts that permit commingling of the assets of more than one employee benefit plan for investment and administrative purposes. Each of the plans participating in the trust has interests in the net assets of the underlying investment pools of the trusts. The investments for all our pension plans are recorded at estimated fair value, in compliance with the accounting guidance on fair value measurement. Amounts recognized for pension and postretirement benefits in other comprehensive income for the three months ended March 31, 2016 and 2015 include the following components: Three Months Ended March 31, 2016 2015 Before-Tax Amount Tax Benefit Net-of-Tax Amount Before- Tax Amount Tax Benefit Net-of-Tax Amount (Millions) Defined benefit pension and postretirement plans: Amortization of prior service cost included in net periodic pension and postretirement cost $ — $ — $ — $ (1 ) $ — $ (1 ) Amortization of actuarial loss included in net periodic pension and postretirement cost 5 (1 ) 4 5 (1 ) 4 Other comprehensive income – pension benefits $ 5 $ (1 ) $ 4 $ 4 $ (1 ) $ 3

New Accounting Pronouncements

New Accounting Pronouncements	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting, as part of its initiative to reduce complexity in accounting standards. The areas for simplification in this update involve several aspects of the accounting for employee share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. For public business entities, the standard is effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. The adoption of this guidance is not expected to have a material impact on the Company's consolidated financial statements. In February 2016, the FASB issued Accounting Standard Update 2016-02, Leases (Topic 842). The amendments in this update create Topic 842, Leases, and supersede the leases requirements in Topic 840, Leases. Topic 842 specifies the accounting for leases. The objective of Topic 842 is to establish the principles that lessees and lessors shall apply to report useful information to users of financial statements about the amount, timing, and uncertainty of cash flow arising from a lease. For public business entities, the standard is effective for financial statements issued for annual periods beginning after December 15, 2018, and interim periods within those annual periods. We will adopt this amendment on January 1, 2019. We are currently evaluating the potential impact of this new guidance on our consolidated financial statements. In May 2015, the FASB issued Accounting Standard Update (ASU) No. 2015-07, Disclosures for Investments in Certain Entities that Calculate Net Asset Value per Share (or Its Equivalent). ASU No. 2015-07 removes the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. Such investments should be disclosed separate from the fair value hierarchy. For public business entities, the standard is effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. The adoption of this guidance did not have an impact on the Company's consolidated financial statements but will impact pension asset disclosure in our annual report on Form 10-K going forward. In May 2014, the FASB issued an amendment on revenue recognition. The amendment in this update creates Topic 606, Revenue from Contracts with Customers, and supersedes the revenue recognition requirements in Topic 605, Revenue Recognition, including most industry-specific revenue recognition guidance throughout the Industry Topics of the Codification. In addition, the amendment supersedes the cost guidance in Subtopic 605-35, Revenue Recognition-Construction-Type and Production-Type Contracts, and creates new Subtopic 340-40, Other Assets and Deferred Costs-Contracts with Customers. The core principle of Topic 606 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The FASB has voted to approve a one-year deferral of the effective date from January 1, 2017 to January 1, 2018, while allowing for early adoption as of January 1, 2017 for public entities. We will adopt this amendment on January 1, 2018. We are currently evaluating the potential impact of this new guidance on our consolidated financial statements.

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Segment Information	Segment Information We are organized and manage our business along our two major product lines (clean air and ride performance) and three geographic areas (North America; Europe, South America and India; and Asia Pacific), resulting in six operating segments (North America Clean Air, North America Ride Performance, Europe, South America and India Clean Air, Europe, South America and India Ride Performance, Asia Pacific Clean Air and Asia Pacific Ride Performance). Within each geographical area, each operating segment manufactures and distributes either clean air or ride performance products primarily for the original equipment and aftermarket industries. Each of the six operating segments constitutes a reportable segment. Costs related to other business activities, primarily corporate headquarter functions, are disclosed separately from the six operating segments as "Other." We evaluate segment performance based primarily on earnings before interest expense, income taxes, and noncontrolling interests. Products are transferred between segments and geographic areas on a basis intended to reflect as nearly as possible the “market value” of the products. The following table summarizes certain Tenneco Inc. segment information: Clean Air Division Ride Performance Division North America Europe, South America & India Asia Pacific North America Europe, South America & India Asia Pacific Other Reclass & Elims Total (Millions) At March 31, 2016 and for the Three Months Ended March 31, 2016 Revenues from external customers $ 764 $ 483 $ 267 $ 323 $ 237 $ 62 $ — $ — $ 2,136 Intersegment revenues 3 22 — 2 7 12 — (46 ) — EBIT, Earnings (loss) before interest expense, income taxes, and noncontrolling interests 62 16 33 42 (4 ) 11 (36 ) — 124 Total assets 1,352 806 609 779 530 238 — 34 4,348 At March 31, 2015 and for the Three Months Ended March 31, 2015 Revenues from external customers 684 457 264 331 230 57 — — 2,023 Intersegment revenues 4 27 — 3 7 12 — (53 ) — EBIT, Earnings (loss) before interest expense, income taxes, and noncontrolling interests 54 10 27 35 8 10 (24 ) — 120 Total assets 1,263 812 606 734 480 225 — 31 4,151

Supplemental Guarantor Condense

Supplemental Guarantor Condensed Consolidating Financial Statements	3 Months Ended
	Mar. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Supplemental Guarantor Condensed Consolidating Financial Statements	Supplemental Guarantor Condensed Consolidating Financial Statements Basis of Presentation Substantially all of our existing and future material domestic 100% owned subsidiaries (which are referred to as the Guarantor Subsidiaries) fully and unconditionally guarantee our senior notes due in 2020 and 2024 on a joint and several basis. However, a subsidiary’s guarantee may be released in certain customary circumstances such as a sale of the subsidiary or all or substantially all of its assets in accordance with the indenture applicable to the notes. The Guarantor Subsidiaries are combined in the presentation below. These consolidating financial statements are presented on the equity method. Under this method, our investments are recorded at cost and adjusted for our ownership share of a subsidiary’s cumulative results of operations, capital contributions and distributions, and other equity changes. You should read the condensed consolidating financial information of the Guarantor Subsidiaries in connection with our condensed consolidated financial statements and related notes of which this note is an integral part. Distributions There are no significant restrictions on the ability of the Guarantor Subsidiaries to make distributions to us. STATEMENT OF COMPREHENSIVE INCOME (LOSS) Three Months Ended March 31, 2016 Guarantor Subsidiaries Nonguarantor Subsidiaries Tenneco Inc. (Parent Company) Reclass & Elims Consolidated (Millions) Revenues Net sales and operating revenues — External $ 996 $ 1,140 $ — $ — $ 2,136 Affiliated companies 127 190 — (317 ) — 1,123 1,330 — (317 ) 2,136 Costs and expenses Cost of sales (exclusive of depreciation and amortization shown below) 949 1,138 — (317 ) 1,770 Engineering, research, and development 20 19 — — 39 Selling, general, and administrative 68 79 — — 147 Depreciation and amortization of other intangibles 21 33 — — 54 1,058 1,269 — (317 ) 2,010 Other income (expense) Loss on sale of receivables — (1 ) — — (1 ) Other income (expense) (6 ) 5 — — (1 ) (6 ) 4 — — (2 ) Earnings before interest expense, income taxes, noncontrolling interests, and equity in net income from affiliated companies 59 65 — — 124 Interest expense — External (net of interest capitalized) — — 18 — 18 Affiliated companies (net of interest income) (3 ) 2 1 — — Earnings (loss) before income taxes, noncontrolling interests, and equity in net income from affiliated companies 62 63 (19 ) — 106 Income tax expense 13 21 — — 34 Equity in net income (loss) from affiliated companies 27 — 76 (103 ) — Net Income (loss) 76 42 57 (103 ) 72 Less: Net income attributable to noncontrolling interests — 15 — — 15 Net income (loss) attributable to Tenneco Inc. $ 76 $ 27 $ 57 $ (103 ) $ 57 Comprehensive income (loss) attributable to Tenneco Inc. $ 76 $ 27 $ 84 $ (103 ) $ 84 STATEMENT OF COMPREHENSIVE INCOME (LOSS) Three Months Ended March 31, 2015 Guarantor Subsidiaries Nonguarantor Subsidiaries Tenneco Inc. (Parent Company) Reclass & Elims Consolidated (Millions) Revenues Net sales and operating revenues — External $ 897 $ 1,126 $ — $ — $ 2,023 Affiliated companies 106 145 — (251 ) — 1,003 1,271 — (251 ) 2,023 Costs and expenses Cost of sales (exclusive of depreciation and amortization shown below) 842 1,095 — (251 ) 1,686 Engineering, research, and development 21 20 — — 41 Selling, general, and administrative 46 77 2 — 125 Depreciation and amortization of other intangibles 22 28 — — 50 931 1,220 2 (251 ) 1,902 Other income (expense) Loss on sale of receivables — (1 ) — — (1 ) Other income (expense) (4 ) 4 — — — (4 ) 3 — — (1 ) Earnings (loss) before interest expense, income taxes, noncontrolling interests, and equity in net income from affiliated companies 68 54 (2 ) — 120 Interest expense — External (net of interest capitalized) — — 16 — 16 Affiliated companies (net of interest income) 17 (17 ) — — — Earnings (loss) before income taxes, noncontrolling interests, and equity in net income from affiliated companies 51 71 (18 ) — 104 Income tax expense 18 23 — — 41 Equity in net income (loss) from affiliated companies 30 — 67 (97 ) — Net income (loss) 63 48 49 (97 ) 63 Less: Net income attributable to noncontrolling interests — 14 — — 14 Net income (loss) attributable to Tenneco Inc. $ 63 $ 34 $ 49 $ (97 ) $ 49 Comprehensive income (loss) attributable to Tenneco Inc. $ 63 $ 34 $ (20 ) $ (97 ) $ (20 ) BALANCE SHEET March 31, 2016 Guarantor Subsidiaries Nonguarantor Subsidiaries Tenneco Inc. (Parent Company) Reclass & Elims Consolidated (Millions) ASSETS Current assets: Cash and cash equivalents $ 4 $ 370 $ — $ — $ 374 Restricted cash — 2 — — 2 Receivables, net 503 1,334 — (551 ) 1,286 Inventories 354 392 — — 746 Prepayments and other 73 181 — — 254 Total current assets 934 2,279 — (551 ) 2,662 Other assets: Investment in affiliated companies 1,136 — 1,005 (2,141 ) — Notes and advances receivable from affiliates 952 14,112 4,954 (20,018 ) — Long-term receivables, net 10 1 — — 11 Goodwill 22 37 — — 59 Intangibles, net 9 12 — — 21 Deferred income taxes 121 27 66 — 214 Other 42 50 11 — 103 2,292 14,239 6,036 (22,159 ) 408 Plant, property, and equipment, at cost 1,281 2,232 — — 3,513 Less — Accumulated depreciation and amortization (856 ) (1,379 ) — — (2,235 ) 425 853 — — 1,278 Total assets $ 3,651 $ 17,371 $ 6,036 $ (22,710 ) $ 4,348 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Short-term debt (including current maturities of long-term debt) Short-term debt — non-affiliated $ — $ 82 $ 15 $ — $ 97 Short-term debt — affiliated 121 233 — (354 ) — Accounts payable 540 1,058 — (136 ) 1,462 Accrued taxes 14 38 — — 52 Other 125 231 15 (61 ) 310 Total current liabilities 800 1,642 30 (551 ) 1,921 Long-term debt — non-affiliated — 28 1,283 — 1,311 Long-term debt — affiliated 1,732 14,068 4,218 (20,018 ) — Deferred income taxes — 9 — — 9 Postretirement benefits and other liabilities 419 83 — — 502 Commitments and contingencies Total liabilities 2,951 15,830 5,531 (20,569 ) 3,743 Redeemable noncontrolling interests — 51 — — 51 Tenneco Inc. shareholders’ equity 700 1,441 505 (2,141 ) 505 Noncontrolling interests — 49 — — 49 Total equity 700 1,490 505 (2,141 ) 554 Total liabilities, redeemable noncontrolling interests and equity $ 3,651 $ 17,371 $ 6,036 $ (22,710 ) $ 4,348 BALANCE SHEET December 31, 2015 Guarantor Subsidiaries Nonguarantor Subsidiaries Tenneco Inc. (Parent Company) Reclass & Elims Consolidated (Millions) ASSETS Current assets: Cash and cash equivalents $ 2 $ 285 $ — $ — $ 287 Restricted cash — 1 — — 1 Receivables, net 299 1,241 — (428 ) 1,112 Inventories 333 349 — — 682 Prepayments and other 67 162 — — 229 Total current assets 701 2,038 — (428 ) 2,311 Other assets: Investment in affiliated companies 1,146 — 891 (2,037 ) — Notes and advances receivable from affiliates 938 13,291 4,788 (19,017 ) — Long-term receivables, net 11 2 — — 13 Goodwill 22 38 — — 60 Intangibles, net 9 13 — — 22 Deferred income taxes 122 28 68 — 218 Other 42 47 11 — 100 2,290 13,419 5,758 (21,054 ) 413 Plant, property, and equipment, at cost 1,281 2,137 — — 3,418 Less — Accumulated depreciation and amortization (851 ) (1,324 ) — — (2,175 ) 430 813 — — 1,243 Total assets $ 3,421 $ 16,270 $ 5,758 $ (21,482 ) $ 3,967 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Short-term debt (including current maturities of long-term debt) Short-term debt — non-affiliated $ — $ 73 $ 13 $ — $ 86 Short-term debt — affiliated 164 147 — (311 ) — Accounts payable 484 955 — (63 ) 1,376 Accrued taxes 6 31 — — 37 Other 125 221 3 (54 ) 295 Total current liabilities 779 1,427 16 (428 ) 1,794 Long-term debt — non-affiliated — 21 1,103 — 1,124 Long-term debt — affiliated 1,583 13,226 4,208 (19,017 ) — Deferred income taxes — 7 — — 7 Postretirement benefits and other liabilities 424 100 — — 524 Commitments and contingencies Total liabilities 2,786 14,781 5,327 (19,445 ) 3,449 Redeemable noncontrolling interests — 43 — — 43 Tenneco Inc. shareholders’ equity 635 1,404 433 (2,039 ) 433 Noncontrolling interests — 42 — — 42 Total equity 635 1,446 433 (2,039 ) 475 Total liabilities, redeemable noncontrolling interests and equity $ 3,421 $ 16,270 $ 5,760 $ (21,484 ) $ 3,967 STATEMENT OF CASH FLOWS Three Months Ended March 31, 2016 Guarantor Subsidiaries Nonguarantor Subsidiaries Tenneco Inc. (Parent Company) Reclass & Elims Consolidated (Millions) Operating Activities Net cash provided (used) by operating activities $ (212 ) $ 180 $ 3 $ — $ (29 ) Investing Activities Proceeds from sale of assets — 1 — — 1 Cash payments for plant, property, and equipment (13 ) (55 ) — — (68 ) Cash payments for software related intangible assets (2 ) (4 ) — — (6 ) Changes in restricted cash — (1 ) — — (1 ) Net cash used by investing activities (15 ) (59 ) — — (74 ) Financing Activities Issuance of common shares — — (2 ) — (2 ) Retirement of long-term debt — — (4 ) — (4 ) Issuance of long-term debt — 5 — — 5 Purchase of common stock under the share repurchase program — — (16 ) — (16 ) Net decrease in bank overdrafts — 7 — — 7 Net increase (decrease) in revolver borrowings and short-term debt excluding current maturities of long-term debt — 8 185 — 193 Intercompany dividend payments and net increase (decrease) in intercompany obligations 229 (63 ) (166 ) — — Net cash provided (used) by financing activities 229 (43 ) (3 ) — 183 Effect of foreign exchange rate changes on cash and cash equivalents — 7 — — 7 Increase in cash and cash equivalents 2 85 — — 87 Cash and cash equivalents, January 1 2 285 — — 287 Cash and cash equivalents, March 31 (Note) $ 4 $ 370 $ — $ — $ 374 Note: Cash and cash equivalents include highly liquid investments with a maturity of three months or less at the date of purchase. STATEMENT OF CASH FLOWS Three Months Ended March 31, 2015 Guarantor Subsidiaries Nonguarantor Subsidiaries Tenneco Inc. (Parent Company) Reclass & Elims Consolidated (Millions) Operating Activities Net cash provided (used) by operating activities $ (74 ) $ 26 $ (2 ) $ — $ (50 ) Investing Activities Proceeds from sale of assets — 1 — — 1 Cash payments for plant, property, and equipment (27 ) (50 ) — — (77 ) Cash payments for software related intangible assets (2 ) (3 ) — — (5 ) Changes in restricted cash — 3 3 Net cash used by investing activities (29 ) (49 ) — — (78 ) Financing Activities Tax impact from stock-based compensation — — 3 — 3 Retirement of long-term debt — — (4 ) — (4 ) Purchase of common stock under the share repurchase program — — (11 ) — (11 ) Net decrease in bank overdrafts — (8 ) — — (8 ) Net increase (decrease) in revolver borrowings and short-term debt excluding current maturities of long-term debt and short-term borrowings secured by accounts receivables — 64 47 — 111 Net increase in short-term borrowings secured by accounts receivable — — 50 — 50 Intercompany dividend payments and net increase (decrease) in intercompany obligations 93 (10 ) (83 ) — — Net cash provided by financing activities 93 46 2 — 141 Effect of foreign exchange rate changes on cash and cash equivalents — (7 ) — — (7 ) Increase (decrease) in cash and cash equivalents (10 ) 16 — — 6 Cash and cash equivalents, January 1 10 272 — — 282 Cash and cash equivalents, March 31 (Note) $ — $ 288 $ — $ — $ 288 Note: Cash and cash equivalents include highly liquid investments with a maturity of three months or less at the date of purchase.

New Accounting Pronouncements (

New Accounting Pronouncements (Policies)	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting, as part of its initiative to reduce complexity in accounting standards. The areas for simplification in this update involve several aspects of the accounting for employee share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. For public business entities, the standard is effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. The adoption of this guidance is not expected to have a material impact on the Company's consolidated financial statements. In February 2016, the FASB issued Accounting Standard Update 2016-02, Leases (Topic 842). The amendments in this update create Topic 842, Leases, and supersede the leases requirements in Topic 840, Leases. Topic 842 specifies the accounting for leases. The objective of Topic 842 is to establish the principles that lessees and lessors shall apply to report useful information to users of financial statements about the amount, timing, and uncertainty of cash flow arising from a lease. For public business entities, the standard is effective for financial statements issued for annual periods beginning after December 15, 2018, and interim periods within those annual periods. We will adopt this amendment on January 1, 2019. We are currently evaluating the potential impact of this new guidance on our consolidated financial statements. In May 2015, the FASB issued Accounting Standard Update (ASU) No. 2015-07, Disclosures for Investments in Certain Entities that Calculate Net Asset Value per Share (or Its Equivalent). ASU No. 2015-07 removes the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. Such investments should be disclosed separate from the fair value hierarchy. For public business entities, the standard is effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. The adoption of this guidance did not have an impact on the Company's consolidated financial statements but will impact pension asset disclosure in our annual report on Form 10-K going forward. In May 2014, the FASB issued an amendment on revenue recognition. The amendment in this update creates Topic 606, Revenue from Contracts with Customers, and supersedes the revenue recognition requirements in Topic 605, Revenue Recognition, including most industry-specific revenue recognition guidance throughout the Industry Topics of the Codification. In addition, the amendment supersedes the cost guidance in Subtopic 605-35, Revenue Recognition-Construction-Type and Production-Type Contracts, and creates new Subtopic 340-40, Other Assets and Deferred Costs-Contracts with Customers. The core principle of Topic 606 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The FASB has voted to approve a one-year deferral of the effective date from January 1, 2017 to January 1, 2018, while allowing for early adoption as of January 1, 2017 for public entities. We will adopt this amendment on January 1, 2018. We are currently evaluating the potential impact of this new guidance on our consolidated financial statements.

Financial Instruments (Tables)

Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Carrying and Estimated Fair Value	The net carrying and estimated fair values of our financial instruments by class at March 31, 2016 and December 31, 2015 were as follows: March 31, 2016 December 31, 2015 Net Carrying Amount Fair Value Net Carrying Amount Fair Value (Millions) Long-term debt (including current maturities) $ 1,312 $ 1,348 $ 1,125 $ 1,160 Instruments with off-balance sheet risk: Foreign exchange forward contracts: Asset (Liability) derivative contracts (1 ) (1 ) 1 1
Summarization for Foreign Currency Forward Purchase and Sale Contracts	The following table summarizes by major currency the notional amounts for foreign currency forward purchase and sale contracts as of March 31, 2016 (all of which mature in 2016): Notional Amount in Foreign Currency (Millions) Australian dollars —Purchase 1 British pounds —Purchase 39 —Sell (39 ) Canadian dollars —Sell (2 ) European euro —Purchase 19 —Sell (41 ) South African rand —Purchase 70 —Sell (200 ) Japanese yen —Purchase 400 —Sell (416 ) U.S. dollars —Purchase 105 —Sell (70 )

Long-Term Debt and Financing 22

Long-Term Debt and Financing Arrangements (Tables)	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Financial Ratios under Senior Credit Facility	The financial ratios required under the amended and restated senior credit facility, and the actual ratios we achieved for the first quarter of 2016, are as follows: Quarter Ended March 31, 2016 Required Actual Leverage Ratio (maximum) 3.50 1.54 Interest Coverage Ratio (minimum) 2.75 13.90

Restructuring and Other Charg23

Restructuring and Other Charges (Tables)	3 Months Ended
	Mar. 31, 2016
Restructuring and Related Activities [Abstract]
Roll Forward of Restructuring Reserve	Amounts related to activities that are part of our restructuring reserves are as follows: December 31, 2016 2016 Impact of Exchange Rates March 31, 2016 (Millions) Employee Severance, Termination Benefits and Other Related Costs $30 9 (26 ) 2 $15

Environmental Matters, Litiga24

Environmental Matters, Litigation and Product Warranties (Tables)	3 Months Ended
	Mar. 31, 2016
Environmental Matters, Litigation and Product Warranties [Abstract]
Warranty Accrual Rollforward	Below is a table that shows the activity in the warranty accrual accounts: Three Months Ended March 31, 2016 2015 (Millions) Beginning Balance January 1, $ 23 $ 26 Accruals related to product warranties 2 3 Reductions for payments made (1 ) (4 ) Ending Balance March 31, $ 24 $ 25

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Summary of Earnings Per Share of Common Stock	Earnings per share of common stock outstanding were computed as follows: Three Months Ended March 31, 2016 Three Months Ended March 31, 2015 (Millions Except Share and Per Share Amounts) Basic earnings per share — Net income attributable to Tenneco Inc. $ 57 $ 49 Weighted Average shares of common stock outstanding 57,115,496 61,044,908 Earnings per share of common stock $ 1.00 $ 0.81 Diluted earnings per share — Net income attributable to Tenneco Inc. $ 57 $ 49 Weighted Average shares of common stock outstanding 57,115,496 61,044,908 Effect of dilutive securities: Restricted stock 48,603 83,291 Stock options 281,842 464,888 Weighted Average shares of common stock outstanding including dilutive securities 57,445,941 61,593,087 Earnings per share of common stock $ 0.99 $ 0.80

Common Stock (Tables)

Common Stock (Tables)	3 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Options Status and Activity	Stock Options — The following table reflects the status and activity for all options to purchase common stock for the period indicated: Three Months Ended March 31, 2016 Shares Under Option Weighted Avg. Exercise Prices Weighted Avg. Remaining Life in Years Aggregate Intrinsic Value (Millions) Outstanding Stock Options Outstanding, January 1, 2016 1,144,719 $ 34.69 3.7 $ 19 Adjustment 2,200 1.99 Exercised (21,392 ) 8.56 1 Outstanding, March 31, 2016 1,125,527 $ 35.12 3.5 $ 12
Nonvested Restricted Shares	Restricted Stock — The following table reflects the status for all nonvested restricted shares for the period indicated: Three Months Ended March 31, 2016 Shares Weighted Avg. Grant Date Fair Value Nonvested Restricted Shares Nonvested balance at January 1, 2016 496,842 $ 51.65 Granted 347,398 35.98 Vested (156,109 ) 46.50 Nonvested balance at March 31, 2016 688,131 $ 44.90

Pension Plans, Postretirement27

Pension Plans, Postretirement and Other Employee Benefits (Tables)	3 Months Ended
	Mar. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Components of Net Periodic Benefit Cost	Net periodic pension costs and postretirement benefit costs consist of the following components: Three Months Ended March 31, Pension Postretirement 2016 2015 2016 2015 US Foreign US Foreign US US (Millions) Service cost — benefits earned during the period $ — $ 2 $ — $ 2 $ — $ — Interest cost 4 4 5 4 1 1 Expected return on plan assets (6 ) (5 ) (6 ) (5 ) — — Net amortization: Actuarial loss 2 2 2 2 1 1 Prior service cost — — — — — (1 ) Net pension and postretirement costs $ — $ 3 $ 1 $ 3 $ 2 $ 1
Amounts Recognized for Pension and Postretirement Benefits in Other Comprehensive Income	Amounts recognized for pension and postretirement benefits in other comprehensive income for the three months ended March 31, 2016 and 2015 include the following components: Three Months Ended March 31, 2016 2015 Before-Tax Amount Tax Benefit Net-of-Tax Amount Before- Tax Amount Tax Benefit Net-of-Tax Amount (Millions) Defined benefit pension and postretirement plans: Amortization of prior service cost included in net periodic pension and postretirement cost $ — $ — $ — $ (1 ) $ — $ (1 ) Amortization of actuarial loss included in net periodic pension and postretirement cost 5 (1 ) 4 5 (1 ) 4 Other comprehensive income – pension benefits $ 5 $ (1 ) $ 4 $ 4 $ (1 ) $ 3

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Segment Information	The following table summarizes certain Tenneco Inc. segment information: Clean Air Division Ride Performance Division North America Europe, South America & India Asia Pacific North America Europe, South America & India Asia Pacific Other Reclass & Elims Total (Millions) At March 31, 2016 and for the Three Months Ended March 31, 2016 Revenues from external customers $ 764 $ 483 $ 267 $ 323 $ 237 $ 62 $ — $ — $ 2,136 Intersegment revenues 3 22 — 2 7 12 — (46 ) — EBIT, Earnings (loss) before interest expense, income taxes, and noncontrolling interests 62 16 33 42 (4 ) 11 (36 ) — 124 Total assets 1,352 806 609 779 530 238 — 34 4,348 At March 31, 2015 and for the Three Months Ended March 31, 2015 Revenues from external customers 684 457 264 331 230 57 — — 2,023 Intersegment revenues 4 27 — 3 7 12 — (53 ) — EBIT, Earnings (loss) before interest expense, income taxes, and noncontrolling interests 54 10 27 35 8 10 (24 ) — 120 Total assets 1,263 812 606 734 480 225 — 31 4,151

Supplemental Guarantor Conden29

Supplemental Guarantor Condensed Consolidating Financial Statements (Tables)	3 Months Ended
	Mar. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Statement of Comprehensive Income (Loss)	STATEMENT OF COMPREHENSIVE INCOME (LOSS) Three Months Ended March 31, 2016 Guarantor Subsidiaries Nonguarantor Subsidiaries Tenneco Inc. (Parent Company) Reclass & Elims Consolidated (Millions) Revenues Net sales and operating revenues — External $ 996 $ 1,140 $ — $ — $ 2,136 Affiliated companies 127 190 — (317 ) — 1,123 1,330 — (317 ) 2,136 Costs and expenses Cost of sales (exclusive of depreciation and amortization shown below) 949 1,138 — (317 ) 1,770 Engineering, research, and development 20 19 — — 39 Selling, general, and administrative 68 79 — — 147 Depreciation and amortization of other intangibles 21 33 — — 54 1,058 1,269 — (317 ) 2,010 Other income (expense) Loss on sale of receivables — (1 ) — — (1 ) Other income (expense) (6 ) 5 — — (1 ) (6 ) 4 — — (2 ) Earnings before interest expense, income taxes, noncontrolling interests, and equity in net income from affiliated companies 59 65 — — 124 Interest expense — External (net of interest capitalized) — — 18 — 18 Affiliated companies (net of interest income) (3 ) 2 1 — — Earnings (loss) before income taxes, noncontrolling interests, and equity in net income from affiliated companies 62 63 (19 ) — 106 Income tax expense 13 21 — — 34 Equity in net income (loss) from affiliated companies 27 — 76 (103 ) — Net Income (loss) 76 42 57 (103 ) 72 Less: Net income attributable to noncontrolling interests — 15 — — 15 Net income (loss) attributable to Tenneco Inc. $ 76 $ 27 $ 57 $ (103 ) $ 57 Comprehensive income (loss) attributable to Tenneco Inc. $ 76 $ 27 $ 84 $ (103 ) $ 84 STATEMENT OF COMPREHENSIVE INCOME (LOSS) Three Months Ended March 31, 2015 Guarantor Subsidiaries Nonguarantor Subsidiaries Tenneco Inc. (Parent Company) Reclass & Elims Consolidated (Millions) Revenues Net sales and operating revenues — External $ 897 $ 1,126 $ — $ — $ 2,023 Affiliated companies 106 145 — (251 ) — 1,003 1,271 — (251 ) 2,023 Costs and expenses Cost of sales (exclusive of depreciation and amortization shown below) 842 1,095 — (251 ) 1,686 Engineering, research, and development 21 20 — — 41 Selling, general, and administrative 46 77 2 — 125 Depreciation and amortization of other intangibles 22 28 — — 50 931 1,220 2 (251 ) 1,902 Other income (expense) Loss on sale of receivables — (1 ) — — (1 ) Other income (expense) (4 ) 4 — — — (4 ) 3 — — (1 ) Earnings (loss) before interest expense, income taxes, noncontrolling interests, and equity in net income from affiliated companies 68 54 (2 ) — 120 Interest expense — External (net of interest capitalized) — — 16 — 16 Affiliated companies (net of interest income) 17 (17 ) — — — Earnings (loss) before income taxes, noncontrolling interests, and equity in net income from affiliated companies 51 71 (18 ) — 104 Income tax expense 18 23 — — 41 Equity in net income (loss) from affiliated companies 30 — 67 (97 ) — Net income (loss) 63 48 49 (97 ) 63 Less: Net income attributable to noncontrolling interests — 14 — — 14 Net income (loss) attributable to Tenneco Inc. $ 63 $ 34 $ 49 $ (97 ) $ 49 Comprehensive income (loss) attributable to Tenneco Inc. $ 63 $ 34 $ (20 ) $ (97 ) $ (20 )
Balance Sheet	BALANCE SHEET March 31, 2016 Guarantor Subsidiaries Nonguarantor Subsidiaries Tenneco Inc. (Parent Company) Reclass & Elims Consolidated (Millions) ASSETS Current assets: Cash and cash equivalents $ 4 $ 370 $ — $ — $ 374 Restricted cash — 2 — — 2 Receivables, net 503 1,334 — (551 ) 1,286 Inventories 354 392 — — 746 Prepayments and other 73 181 — — 254 Total current assets 934 2,279 — (551 ) 2,662 Other assets: Investment in affiliated companies 1,136 — 1,005 (2,141 ) — Notes and advances receivable from affiliates 952 14,112 4,954 (20,018 ) — Long-term receivables, net 10 1 — — 11 Goodwill 22 37 — — 59 Intangibles, net 9 12 — — 21 Deferred income taxes 121 27 66 — 214 Other 42 50 11 — 103 2,292 14,239 6,036 (22,159 ) 408 Plant, property, and equipment, at cost 1,281 2,232 — — 3,513 Less — Accumulated depreciation and amortization (856 ) (1,379 ) — — (2,235 ) 425 853 — — 1,278 Total assets $ 3,651 $ 17,371 $ 6,036 $ (22,710 ) $ 4,348 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Short-term debt (including current maturities of long-term debt) Short-term debt — non-affiliated $ — $ 82 $ 15 $ — $ 97 Short-term debt — affiliated 121 233 — (354 ) — Accounts payable 540 1,058 — (136 ) 1,462 Accrued taxes 14 38 — — 52 Other 125 231 15 (61 ) 310 Total current liabilities 800 1,642 30 (551 ) 1,921 Long-term debt — non-affiliated — 28 1,283 — 1,311 Long-term debt — affiliated 1,732 14,068 4,218 (20,018 ) — Deferred income taxes — 9 — — 9 Postretirement benefits and other liabilities 419 83 — — 502 Commitments and contingencies Total liabilities 2,951 15,830 5,531 (20,569 ) 3,743 Redeemable noncontrolling interests — 51 — — 51 Tenneco Inc. shareholders’ equity 700 1,441 505 (2,141 ) 505 Noncontrolling interests — 49 — — 49 Total equity 700 1,490 505 (2,141 ) 554 Total liabilities, redeemable noncontrolling interests and equity $ 3,651 $ 17,371 $ 6,036 $ (22,710 ) $ 4,348 BALANCE SHEET December 31, 2015 Guarantor Subsidiaries Nonguarantor Subsidiaries Tenneco Inc. (Parent Company) Reclass & Elims Consolidated (Millions) ASSETS Current assets: Cash and cash equivalents $ 2 $ 285 $ — $ — $ 287 Restricted cash — 1 — — 1 Receivables, net 299 1,241 — (428 ) 1,112 Inventories 333 349 — — 682 Prepayments and other 67 162 — — 229 Total current assets 701 2,038 — (428 ) 2,311 Other assets: Investment in affiliated companies 1,146 — 891 (2,037 ) — Notes and advances receivable from affiliates 938 13,291 4,788 (19,017 ) — Long-term receivables, net 11 2 — — 13 Goodwill 22 38 — — 60 Intangibles, net 9 13 — — 22 Deferred income taxes 122 28 68 — 218 Other 42 47 11 — 100 2,290 13,419 5,758 (21,054 ) 413 Plant, property, and equipment, at cost 1,281 2,137 — — 3,418 Less — Accumulated depreciation and amortization (851 ) (1,324 ) — — (2,175 ) 430 813 — — 1,243 Total assets $ 3,421 $ 16,270 $ 5,758 $ (21,482 ) $ 3,967 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Short-term debt (including current maturities of long-term debt) Short-term debt — non-affiliated $ — $ 73 $ 13 $ — $ 86 Short-term debt — affiliated 164 147 — (311 ) — Accounts payable 484 955 — (63 ) 1,376 Accrued taxes 6 31 — — 37 Other 125 221 3 (54 ) 295 Total current liabilities 779 1,427 16 (428 ) 1,794 Long-term debt — non-affiliated — 21 1,103 — 1,124 Long-term debt — affiliated 1,583 13,226 4,208 (19,017 ) — Deferred income taxes — 7 — — 7 Postretirement benefits and other liabilities 424 100 — — 524 Commitments and contingencies Total liabilities 2,786 14,781 5,327 (19,445 ) 3,449 Redeemable noncontrolling interests — 43 — — 43 Tenneco Inc. shareholders’ equity 635 1,404 433 (2,039 ) 433 Noncontrolling interests — 42 — — 42 Total equity 635 1,446 433 (2,039 ) 475 Total liabilities, redeemable noncontrolling interests and equity $ 3,421 $ 16,270 $ 5,760 $ (21,484 ) $ 3,967
Statement of Cash Flows	STATEMENT OF CASH FLOWS Three Months Ended March 31, 2016 Guarantor Subsidiaries Nonguarantor Subsidiaries Tenneco Inc. (Parent Company) Reclass & Elims Consolidated (Millions) Operating Activities Net cash provided (used) by operating activities $ (212 ) $ 180 $ 3 $ — $ (29 ) Investing Activities Proceeds from sale of assets — 1 — — 1 Cash payments for plant, property, and equipment (13 ) (55 ) — — (68 ) Cash payments for software related intangible assets (2 ) (4 ) — — (6 ) Changes in restricted cash — (1 ) — — (1 ) Net cash used by investing activities (15 ) (59 ) — — (74 ) Financing Activities Issuance of common shares — — (2 ) — (2 ) Retirement of long-term debt — — (4 ) — (4 ) Issuance of long-term debt — 5 — — 5 Purchase of common stock under the share repurchase program — — (16 ) — (16 ) Net decrease in bank overdrafts — 7 — — 7 Net increase (decrease) in revolver borrowings and short-term debt excluding current maturities of long-term debt — 8 185 — 193 Intercompany dividend payments and net increase (decrease) in intercompany obligations 229 (63 ) (166 ) — — Net cash provided (used) by financing activities 229 (43 ) (3 ) — 183 Effect of foreign exchange rate changes on cash and cash equivalents — 7 — — 7 Increase in cash and cash equivalents 2 85 — — 87 Cash and cash equivalents, January 1 2 285 — — 287 Cash and cash equivalents, March 31 (Note) $ 4 $ 370 $ — $ — $ 374 Note: Cash and cash equivalents include highly liquid investments with a maturity of three months or less at the date of purchase. STATEMENT OF CASH FLOWS Three Months Ended March 31, 2015 Guarantor Subsidiaries Nonguarantor Subsidiaries Tenneco Inc. (Parent Company) Reclass & Elims Consolidated (Millions) Operating Activities Net cash provided (used) by operating activities $ (74 ) $ 26 $ (2 ) $ — $ (50 ) Investing Activities Proceeds from sale of assets — 1 — — 1 Cash payments for plant, property, and equipment (27 ) (50 ) — — (77 ) Cash payments for software related intangible assets (2 ) (3 ) — — (5 ) Changes in restricted cash — 3 3 Net cash used by investing activities (29 ) (49 ) — — (78 ) Financing Activities Tax impact from stock-based compensation — — 3 — 3 Retirement of long-term debt — — (4 ) — (4 ) Purchase of common stock under the share repurchase program — — (11 ) — (11 ) Net decrease in bank overdrafts — (8 ) — — (8 ) Net increase (decrease) in revolver borrowings and short-term debt excluding current maturities of long-term debt and short-term borrowings secured by accounts receivables — 64 47 — 111 Net increase in short-term borrowings secured by accounts receivable — — 50 — 50 Intercompany dividend payments and net increase (decrease) in intercompany obligations 93 (10 ) (83 ) — — Net cash provided by financing activities 93 46 2 — 141 Effect of foreign exchange rate changes on cash and cash equivalents — (7 ) — — (7 ) Increase (decrease) in cash and cash equivalents (10 ) 16 — — 6 Cash and cash equivalents, January 1 10 272 — — 282 Cash and cash equivalents, March 31 (Note) $ — $ 288 $ — $ — $ 288 Note: Cash and cash equivalents include highly liquid investments with a maturity of three months or less at the date of purchase.

Consolidation and Presentation

Consolidation and Presentation - Additional Information (Details) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Accrued compensation	$ 84	$ 93
Bank Overdrafts	$ 23	$ 17
Minimum
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Equity method ownership percentage	20.00%
Maximum
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Equity method ownership percentage	50.00%

Financial Instruments - Carryin

Financial Instruments - Carrying and Estimated Fair Value (Details) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Carrying And Estimated Fair Value [Line Items]
Long-term debt (including current maturities)	$ 1,311	$ 1,124
Net Carrying Amount
Carrying And Estimated Fair Value [Line Items]
Long-term debt (including current maturities)	1,312	1,125
Net Carrying Amount | Foreign Exchange Forward Contracts
Instruments with off-balance sheet risk:
Asset (Liability) derivative contracts	(1)	1
Fair Value
Carrying And Estimated Fair Value [Line Items]
Long-term debt (including current maturities)	1,348	1,160
Fair Value | Foreign Exchange Forward Contracts
Instruments with off-balance sheet risk:
Asset (Liability) derivative contracts	$ (1)	$ 1

Financial Instruments - Fair Va

Financial Instruments - Fair Value of Long Term Debt (Details) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of long term debt	$ 749	$ 748
Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of long term debt	570	390
Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of long term debt	$ 29	$ 22

Financial Instruments - Foreign

Financial Instruments - Foreign Exchange Forward Contracts (Details) - Foreign Exchange Forward Contracts - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Derivatives, Fair Value [Line Items]
Term Of Foreign Currency Forward Purchase And Sales Contacts (less than one year)	1 year
Net liability position	$ 1
Net asset position		$ 1

Financial Instruments - Summari

Financial Instruments - Summarization for Foreign Currency Forward Purchase and Sale Contracts (Details) - Mar. 31, 2016 - Foreign Exchange Forward Contracts € in Millions, ¥ in Millions, £ in Millions, ZAR in Millions, CAD in Millions, AUD in Millions, $ in Millions	CAD	GBP (£)	EUR (€)	JPY (¥)	ZAR	AUD	USD ($)
Australia, Dollars | Long
Derivative [Line Items]
Purchase (Sell) Notional Amount in Foreign Currency | AUD						AUD 1
British, Pounds | Long
Derivative [Line Items]
Purchase (Sell) Notional Amount in Foreign Currency | £		£ 39
British, Pounds | Short
Derivative [Line Items]
Purchase (Sell) Notional Amount in Foreign Currency | £		£ (39)
Canada, Dollars | Short
Derivative [Line Items]
Purchase (Sell) Notional Amount in Foreign Currency | CAD	CAD (2)
European, Euro | Long
Derivative [Line Items]
Purchase (Sell) Notional Amount in Foreign Currency | €			€ 19
European, Euro | Short
Derivative [Line Items]
Purchase (Sell) Notional Amount in Foreign Currency | €			€ (41)
South Africa, Rand | Long
Derivative [Line Items]
Purchase (Sell) Notional Amount in Foreign Currency | ZAR					ZAR 70
South Africa, Rand | Short
Derivative [Line Items]
Purchase (Sell) Notional Amount in Foreign Currency | ZAR					ZAR (200)
Japan, Yen | Long
Derivative [Line Items]
Purchase (Sell) Notional Amount in Foreign Currency | ¥				¥ 400
Japan, Yen | Short
Derivative [Line Items]
Purchase (Sell) Notional Amount in Foreign Currency | ¥				¥ (416)
U.S., Dollars | Long
Derivative [Line Items]
Purchase (Sell) Notional Amount in Foreign Currency | $							$ 105
U.S., Dollars | Short
Derivative [Line Items]
Purchase (Sell) Notional Amount in Foreign Currency | $							$ (70)

Financial Instruments - Additio

Financial Instruments - Additional Information (Details) $ in Millions	Mar. 31, 2016USD ($)performance_agreementgroup_retirement_plan	Dec. 31, 2015USD ($)
Financial Instruments [Line Items]
Maximum percentage of stock of certain first tier foreign subsidiaries pledged to secure senior credit facility	66.00%
Line of credit facility letters of credit outstanding	$ 32
Negotiable financial instruments not redeemed and not used for vendor payment	0	$ 1
Financial Instruments not redeemed and used for vendor payment	23	15
Negotiable financial instruments received from OE customer not redeemed	5	8
Financial Instruments received and classified as other current assets	$ 5	8
TMEL and Walker Plans
Financial Instruments [Line Items]
Number of performance guarantee agreements | performance_agreement	2
Number of group benefit plans under the agreement | group_retirement_plan	2
Maximum amount payable to third parties for pension performance guarantees	$ 9
Percentage of liability considered to determine maximum amount payable for pension performance guarantees	105.00%
Percentage of the pension obligation recognized for participating employers	100.00%
Pension obligation of participating employers recognized on the balance sheet	$ 10	11
TMEL and Futaba
Financial Instruments [Line Items]
Maximum amount reimbursable under indemnity agreement	9
Subsidiaries | CHINA
Financial Instruments [Line Items]
Restricted cash	$ 2	$ 1

Long-Term Debt and Financing 36

Long-Term Debt and Financing Arrangements - Additional Information (Details) $ in Thousands	3 Months Ended		9 Months Ended	15 Months Ended	18 Months Ended
	Dec. 31, 2019USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Sep. 30, 2019USD ($)	Dec. 31, 2015USD ($)
Debt Instrument [Line Items]
Maximum percentage of stock of certain first-tier foreign subsidiaries pledged to secure senior credit facility		66.00%
Maximum borrowing capacity		$ 1,200,000
Debt outstanding		$ 1,311,000				$ 1,124,000
Interest coverage ratio (minimum) effective from March 31, 2014 through March 22, 2017		2.75
Leverage Ratio Required (Maximum) for future quarters		3.50
Tranche Term Facility
Debt Instrument [Line Items]
Outstanding debt		$ 281,000
Debt outstanding		279,000
Debt issuance costs		2,000
Principal payments excluded from current liabilities		17,000
5.375% Senior Notes Due 2024
Debt Instrument [Line Items]
Outstanding debt		225,000
Debt outstanding		221,000
Debt issuance costs		$ 4,000
Stated percentage		5.375%
6.875% senior notes due December 2020
Debt Instrument [Line Items]
Outstanding debt		$ 500,000
Debt outstanding		494,000
Debt issuance costs		$ 6,000
Stated percentage		6.875%
Other Debt
Debt Instrument [Line Items]
Unsecured debt		$ 126,000
Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity		1,200,000
Outstanding debt		288,000
Unused borrowing capacity		912,000
Revolving Credit Facility | Letter of Credit
Debt Instrument [Line Items]
Outstanding debt		0
Revolving Credit Facility | Tranche Term Facility
Debt Instrument [Line Items]
Outstanding debt		281,000
Debt outstanding		279,000
Debt issuance costs		$ 2,000
Future payment | Tranche Term Facility
Debt Instrument [Line Items]
Repayment of term loan	$ 195,000		$ 5,625	$ 3,750	$ 7,500

Long-Term Debt and Financing 37

Long-Term Debt and Financing Arrangements - Financial Ratios under Senior Credit Facility (Details)	3 Months Ended
	Mar. 31, 2016
Required [Member]
Financial Ratios Under Senior Credit Facility [Line Items]
Leverage Ratio (maximum)	3.5
Interest Coverage Ratio (minimum)	2.75
Actual [Member]
Financial Ratios Under Senior Credit Facility [Line Items]
Leverage Ratio (maximum)	1.54
Interest Coverage Ratio (minimum)	13.90

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Income tax expense	$ 34	$ 41
Net tax benefit for prior year tax adjustments	3	$ 1
Reasonably possible change in unrecognized tax benefits	$ 10

Accounts Receivable Securitiz39

Accounts Receivable Securitization - Additional Information (Details) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2016USD ($)bank	Mar. 31, 2015USD ($)	Dec. 31, 2015USD ($)
Transfers of Servicing of Financial Assets [Line Items]
Number of commercial banks with accounts receivable securitization programs | bank	3
Term of commitments (in years)	1 year
Term of commitments, cancellation period (in days)	90 days
UNITED STATES
Transfers of Servicing of Financial Assets [Line Items]
North American program maximum facility size	$ 130
Additional Financing from second priority facility	50
Outstanding third party investments in securitized accounts receivable bank program	30		$ 30
Securitization interest expense	1		1
Europe
Transfers of Servicing of Financial Assets [Line Items]
Outstanding third party investments in securitized accounts receivable bank program	208		$ 174
Loss on sale of trade accounts receivable	$ 1	$ 1
Financing cost related to sale of securitized receivables percentage	2.00%	2.00%

Restructuring and Other Charg40

Restructuring and Other Charges - Additional Information (Details) $ in Millions	Jul. 22, 2015peoplejob	Dec. 08, 2014USD ($)	Jan. 31, 2013USD ($)	Mar. 31, 2016USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2015USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring cost				$ 14	$ 5	$ 63
Non- cash charges				5		10
Restructuring and related cost allowed to be excluded from the calculation of financial covenant ratios		$ 150		62
Other Expense
Restructuring Cost and Reserve [Line Items]
Restructuring cost				2	1	1
Reduced Depreciation
Restructuring Cost and Reserve [Line Items]
Restructuring cost				3		4
Cost of Sales
Restructuring Cost and Reserve [Line Items]
Restructuring cost				3	$ 4	46
Selling, General and Administrative Expenses
Restructuring Cost and Reserve [Line Items]
Restructuring cost				6		11
Engineering Expense
Restructuring Cost and Reserve [Line Items]
Restructuring cost						$ 1
Reduction in Structural Costs | Europe
Restructuring Cost and Reserve [Line Items]
Restructuring cost				14
Restructuring Charges				12
Annualized run rate			$ 60	49
Target cost reduction at current exchange rates				55
Discontinuation of Marzocchi Motor Bike Fork Suspension Business, Mountain Bike Business, and Liquidation of Marzocchi Operations
Restructuring Cost and Reserve [Line Items]
Restructuring cost				$ 29
Number of jobs eliminated | job	138
Discontinuation of Marzocchi Motor Bike Fork Suspension Business, Mountain Bike Business, and Liquidation of Marzocchi Operations | Bologna, Italy
Restructuring Cost and Reserve [Line Items]
Number of jobs eliminated | people	127
Discontinuation of Marzocchi Motor Bike Fork Suspension Business, Mountain Bike Business, and Liquidation of Marzocchi Operations | North America and Taiwan
Restructuring Cost and Reserve [Line Items]
Number of jobs eliminated | people	11

Restructuring and Other Charg41

Restructuring and Other Charges - Roll Forward of Restructuring Reserve (Details) - Severance $ in Millions	3 Months Ended
	Mar. 31, 2016USD ($)
Restructuring Reserve [Roll Forward]
Restructuring Reserve	$ 30
Restructuring Charges	9
Cash Payments	(26)
Impact of exchange rates	2
Restructuring Reserve	$ 15

Environmental Matters, Litiga42

Environmental Matters, Litigation and Product Warranties - Additional Information (Details) $ in Millions	3 Months Ended
	Mar. 31, 2016USD ($)federal_superfund_siteStatedefendentcase
Environmental Matters, Litigation and Product Warranties [Abstract]
Number of Federal Super Fund sites | federal_superfund_site	1
Environmental remediation accrual, discounted basis	$ 15
Portion of environmental remediation costs recorded in other current liabilities	2
Portion of environmental remediation costs recorded in deferred credits and other liabilities	$ 13
Weighted average discount rate	1.70%
Environmental remediation accrual, undiscounted basis	$ 17
Environmental Remediation, 2016	2
Environmental Remediation, 2017	1
Environmental Remediation, 2018	1
Environmental Remediation, 2019	1
Environmental Remediation, 2020	1
Environmental Remediation, Thereafter	$ 11
Number of states for which we are subject to an audit with respect to payment of unclaimed property | State	11
Number of years subject to audit with respect to payment of unclaimed property	30 years
Number of legal cases (less than) | case	500
Number of defendants in many asbestos related cases | defendent	100

Environmental Matters, Litiga43

Environmental Matters, Litigation and Product Warranties - Warranty Accrual Rollforward (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Movement in Standard and Extended Product Warranty, Increase (Decrease) [Roll Forward]
Beginning Balance January 1,	$ 23	$ 26
Accruals related to product warranties	2	3
Reductions for payments made	(1)	(4)
Ending Balance March 31,	$ 24	$ 25

Earnings Per Share - Summary of

Earnings Per Share - Summary of Earnings Per Share of Common Stock (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Basic earnings per share —
Net income attributable to Tenneco Inc.	$ 57	$ 49
Weighted Average shares of common stock outstanding	57,115,496	61,044,908
Earnings per share of common stock (in dollars per share)	$ 1	$ 0.81
Diluted earnings per share —
Net income attributable to Tenneco Inc.	$ 57	$ 49
Weighted Average shares of common stock outstanding	57,115,496	61,044,908
Effect of dilutive securities:
Restricted stock	48,603	83,291
Stock options	281,842	464,888
Weighted Average shares of common stock outstanding including dilutive securities	57,445,941	61,593,087
Earnings per share of common stock (in dollars per share)	$ 0.99	$ 0.80

Earnings Per Share - Additiona

Earnings Per Share - Additional Information (Details) - shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Earnings Per Share [Abstract]
Anti-dilutive stock options	335,826	183,315

Common Stock - Additional Infor

Common Stock - Additional Information (Details) - USD ($)	1 Months Ended	3 Months Ended		15 Months Ended
	Jan. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Dec. 31, 2015	Oct. 31, 2015
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Share-based compensation, effect on earnings per share, basic (in dollars per share)			$ 0.01
Share-based compensation, effect on earnings per share, diluted (in dollars per share)			$ 0.01
Share-based Compensation		$ 7,000,000	$ 6,000,000
Tax benefit from options exercised		1,000,000	3,000,000
Total fair value of shares vested		2,000,000	4,000,000
Value of shares reprchased		$ 16,000,000		$ 229,000,000
Treasury stock repurchased		7,833,325		7,833,325	7,473,325
Equity Option
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Compensation expense		$ 1,000,000	1,000,000
Stock Option
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Unrecognized compensation costs		$ 1,000,000		$ 1,000,000
Unrecognized compensation costs, not yet recognized		2 months 12 days
Cash received from stock option exercises		$ 1,000,000	2,000,000
Restricted Stock, Restricted Stock Units, Long Term Performance Units, SARs
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Unrecognized compensation costs		$ 35,000,000		35,000,000
Unrecognized compensation costs, not yet recognized		1 year 3 months 18 days
Share-based Compensation		$ 7,000,000	6,000,000
Restricted Stock
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Unrecognized compensation costs		$ 22,000,000		$ 22,000,000
Unrecognized compensation costs, not yet recognized		2 years 3 months 17 days
Total fair value of restricted shares vested		$ 7,000,000	$ 6,000,000
Common Stock
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Amount authorized to repurchase	$ 350,000,000					$ 200,000,000
Period of time to repurchase common stock	3 years
Number of shares repurchased		360,000		4,600,000

Common Stock - Stock Options St

Common Stock - Stock Options Status and Activity (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Shares Under Option
Outstanding, Beginning Balance (in shares)	1,144,719
Adjustment (in shares)	2,200
Exercised (in shares)	(21,392)
Outstanding, Ending Balance (in shares)	1,125,527	1,144,719
Weighted Avg. Exercise Prices
Outstanding, Beginning Balance (in dollars per share)	$ 34.69
Adjustment (in dollars per share)	1.99
Exercised (in dollars per share)	8.56
Outstanding, Ending Balance (in dollars per share)	$ 35.12	$ 34.69
Weighted Avg. Remaining Life in Years	3 years 6 months	3 years 8 months
Aggregate Intrinsic Value, Outstanding, Beginning Balance	$ 19
Aggregate Intrinsic Value, Exercised	1
Aggregate Intrinsic Value, Outstanding, Ending Balance	$ 12	$ 19

Common Stock - Nonvested Restri

Common Stock - Nonvested Restricted Shares (Details) - Restricted Stock	3 Months Ended
	Mar. 31, 2016$ / sharesshares
Nonvested Restricted Shares
Nonvested, Beginning Balance (in shares) | shares	496,842
Granted (in shares) | shares	347,398
Vested (in shares) | shares	(156,109)
Nonvested, Ending Balance (in shares) | shares	688,131
Weighted Avg. Grant Date Fair Value
Nonvested, Beginning Balance (in dollars per share) | $ / shares	$ 51.65
Granted (in dollars per share) | $ / shares	35.98
Vested (in dollars per share) | $ / shares	46.50
Nonvested, Ending Balance (in dollars per share) | $ / shares	$ 44.90

Pension Plans, Postretirement49

Pension Plans, Postretirement and Other Employee Benefits - Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
US Pension
Defined Benefit Plan Disclosure [Line Items]
Service cost — benefits earned during the period	$ 0	$ 0
Interest cost	4	5
Expected return on plan assets	(6)	(6)
Net amortization:
Actuarial loss	2	2
Prior service cost	0	0
Net pension and postretirement costs	0	1
Foreign Pension
Defined Benefit Plan Disclosure [Line Items]
Service cost — benefits earned during the period	2	2
Interest cost	4	4
Expected return on plan assets	(5)	(5)
Net amortization:
Actuarial loss	2	2
Prior service cost	0	0
Net pension and postretirement costs	3	3
US Postretirement
Defined Benefit Plan Disclosure [Line Items]
Service cost — benefits earned during the period	0	0
Interest cost	1	1
Expected return on plan assets	0	0
Net amortization:
Actuarial loss	1	1
Prior service cost	0	(1)
Net pension and postretirement costs	$ 2	$ 1

Pension Plans, Postretirement50

Pension Plans, Postretirement and Other Employee Benefits - Additional Information (Details) $ in Millions	3 Months Ended
	Mar. 31, 2016USD ($)
US Pension
Pension Plans, Postretirement and Other Employee Benefits [Line Items]
Employer contributions	$ 1
Foreign Pension
Pension Plans, Postretirement and Other Employee Benefits [Line Items]
Employer contributions	3
Pension Plan
Pension Plans, Postretirement and Other Employee Benefits [Line Items]
Employer estimated contributions	38
US Postretirement
Pension Plans, Postretirement and Other Employee Benefits [Line Items]
Employer contributions	2
Employer estimated contributions	$ 7

Pension Plans, Postretirement51

Pension Plans, Postretirement and Other Employee Benefits - Amounts Recognized for Pension and Postretirement Benefits in Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Before-Tax Amount
Amortization of prior service cost included in net periodic pension and postretirement cost	$ 0	$ (1)
Amortization of actuarial loss included in net periodic pension and postretirement cost	5	5
Other comprehensive income – pension benefits	5	4
Tax Benefit
Amortization of prior service cost included in net periodic pension and postretirement cost	0	0
Amortization of actuarial loss included in net periodic pension and postretirement cost	(1)	(1)
Other comprehensive income – pension benefits	(1)	(1)
Net-of-Tax Amount
Amortization of prior service cost included in net periodic pension and postretirement cost	0	(1)
Amortization of actuarial loss included in net periodic pension and postretirement cost	4	4
Other comprehensive income – pension benefits	$ 4	$ 3

Segment Information - Additiona

Segment Information - Additional Information (Details)	3 Months Ended
	Mar. 31, 2016Segmentoperating_segmentgeographic_segmentproduct_segment
Segment Reporting [Abstract]
Number of product segments | product_segment	2
Number of geographic areas | geographic_segment	3
Number of operating segments | operating_segment	6
Number of reportable segments | Segment	6

Segment Information (Details)

Segment Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Segment Reporting [Line Items]
Revenues from external customers	$ 2,136	$ 2,023
EBIT, Earnings (loss) before interest expense, income taxes, and noncontrolling interests	124	120
Total assets	4,348	4,151	$ 3,967
Intersegment Revenues
Segment Reporting [Line Items]
Revenues	0	0
Reclass and Elims
Segment Reporting [Line Items]
Revenues from external customers	0	0
EBIT, Earnings (loss) before interest expense, income taxes, and noncontrolling interests	0	0
Total assets	34	31
Reclass and Elims | Intersegment Revenues
Segment Reporting [Line Items]
Revenues	(46)	(53)
Clean Air Division | North America
Segment Reporting [Line Items]
Revenues from external customers	764	684
EBIT, Earnings (loss) before interest expense, income taxes, and noncontrolling interests	62	54
Total assets	1,352	1,263
Clean Air Division | North America | Intersegment Revenues
Segment Reporting [Line Items]
Revenues	3	4
Clean Air Division | Europe South America And India
Segment Reporting [Line Items]
Revenues from external customers	483	457
EBIT, Earnings (loss) before interest expense, income taxes, and noncontrolling interests	16	10
Total assets	806	812
Clean Air Division | Europe South America And India | Intersegment Revenues
Segment Reporting [Line Items]
Revenues	22	27
Clean Air Division | Asia Pacific
Segment Reporting [Line Items]
Revenues from external customers	267	264
EBIT, Earnings (loss) before interest expense, income taxes, and noncontrolling interests	33	27
Total assets	609	606
Clean Air Division | Asia Pacific | Intersegment Revenues
Segment Reporting [Line Items]
Revenues	0	0
Ride Performance Division | North America
Segment Reporting [Line Items]
Revenues from external customers	323	331
EBIT, Earnings (loss) before interest expense, income taxes, and noncontrolling interests	42	35
Total assets	779	734
Ride Performance Division | North America | Intersegment Revenues
Segment Reporting [Line Items]
Revenues	2	3
Ride Performance Division | Europe South America And India
Segment Reporting [Line Items]
Revenues from external customers	237	230
EBIT, Earnings (loss) before interest expense, income taxes, and noncontrolling interests	(4)	8
Total assets	530	480
Ride Performance Division | Europe South America And India | Intersegment Revenues
Segment Reporting [Line Items]
Revenues	7	7
Ride Performance Division | Asia Pacific
Segment Reporting [Line Items]
Revenues from external customers	62	57
EBIT, Earnings (loss) before interest expense, income taxes, and noncontrolling interests	11	10
Total assets	238	225
Ride Performance Division | Asia Pacific | Intersegment Revenues
Segment Reporting [Line Items]
Revenues	12	12
Other
Segment Reporting [Line Items]
Revenues from external customers	0	0
EBIT, Earnings (loss) before interest expense, income taxes, and noncontrolling interests	(36)	(24)
Total assets	0	0
Other | Intersegment Revenues
Segment Reporting [Line Items]
Revenues	$ 0	$ 0

Supplemental Guarantor Conden54

Supplemental Guarantor Condensed Consolidating Financial Statements - Additional Information (Details)	3 Months Ended
	Mar. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Ownership percentage of existing and future material domestic owned subsidiaries	100.00%

Supplemental Guarantor Conden55

Supplemental Guarantor Condensed Consolidating Financial Statements - Statement of Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net sales and operating revenues —
External	$ 2,136	$ 2,023
Affiliated companies	0	0
Net sales and operating revenues	2,136	2,023
Costs and expenses
Cost of sales (exclusive of depreciation and amortization shown below)	1,770	1,686
Engineering, research, and development	39	41
Selling, general, and administrative	147	125
Depreciation and amortization of other intangibles	54	50
Total costs and expenses	2,010	1,902
Other income (expense)
Loss on sale of receivables	(1)	(1)
Other income (expense)	(1)	0
Total other income (expense)	(2)	(1)
Earnings before interest expense, income taxes, and noncontrolling interests	124	120
Interest expense —
External (net of interest capitalized)	18	16
Affiliated companies (net of interest income)	0	0
Earnings (loss) before income taxes, noncontrolling interests, and equity in net income from affiliated companies	106	104
Income tax expense	34	41
Equity in net income (loss) from affiliated companies	0	0
Net Income (loss)	72	63
Less: Net income attributable to noncontrolling interests	15	14
Net income attributable to Tenneco Inc.	57	49
Comprehensive income (loss) attributable to Tenneco Inc.	84	(20)
Guarantor Subsidiaries
Net sales and operating revenues —
External	996	897
Affiliated companies	127	106
Net sales and operating revenues	1,123	1,003
Costs and expenses
Cost of sales (exclusive of depreciation and amortization shown below)	949	842
Engineering, research, and development	20	21
Selling, general, and administrative	68	46
Depreciation and amortization of other intangibles	21	22
Total costs and expenses	1,058	931
Other income (expense)
Loss on sale of receivables	0	0
Other income (expense)	(6)	(4)
Total other income (expense)	(6)	(4)
Earnings before interest expense, income taxes, and noncontrolling interests	59	68
Interest expense —
External (net of interest capitalized)	0	0
Affiliated companies (net of interest income)	(3)	17
Earnings (loss) before income taxes, noncontrolling interests, and equity in net income from affiliated companies	62	51
Income tax expense	13	18
Equity in net income (loss) from affiliated companies	27	30
Net Income (loss)	76	63
Less: Net income attributable to noncontrolling interests	0	0
Net income attributable to Tenneco Inc.	76	63
Comprehensive income (loss) attributable to Tenneco Inc.	76	63
Non-Guarantor Subsidiaries
Net sales and operating revenues —
External	1,140	1,126
Affiliated companies	190	145
Net sales and operating revenues	1,330	1,271
Costs and expenses
Cost of sales (exclusive of depreciation and amortization shown below)	1,138	1,095
Engineering, research, and development	19	20
Selling, general, and administrative	79	77
Depreciation and amortization of other intangibles	33	28
Total costs and expenses	1,269	1,220
Other income (expense)
Loss on sale of receivables	(1)	(1)
Other income (expense)	5	4
Total other income (expense)	4	3
Earnings before interest expense, income taxes, and noncontrolling interests	65	54
Interest expense —
External (net of interest capitalized)	0	0
Affiliated companies (net of interest income)	2	(17)
Earnings (loss) before income taxes, noncontrolling interests, and equity in net income from affiliated companies	63	71
Income tax expense	21	23
Equity in net income (loss) from affiliated companies	0	0
Net Income (loss)	42	48
Less: Net income attributable to noncontrolling interests	15	14
Net income attributable to Tenneco Inc.	27	34
Comprehensive income (loss) attributable to Tenneco Inc.	27	34
Tenneco Inc
Net sales and operating revenues —
External	0	0
Affiliated companies	0
Net sales and operating revenues	0	0
Costs and expenses
Cost of sales (exclusive of depreciation and amortization shown below)	0	0
Engineering, research, and development	0	0
Selling, general, and administrative	0	2
Depreciation and amortization of other intangibles	0	0
Total costs and expenses	0	2
Other income (expense)
Loss on sale of receivables	0	0
Other income (expense)	0	0
Total other income (expense)	0	0
Earnings before interest expense, income taxes, and noncontrolling interests	0	(2)
Interest expense —
External (net of interest capitalized)	18	16
Affiliated companies (net of interest income)	1	0
Earnings (loss) before income taxes, noncontrolling interests, and equity in net income from affiliated companies	(19)	(18)
Income tax expense	0	0
Equity in net income (loss) from affiliated companies	76	67
Net Income (loss)	57	49
Less: Net income attributable to noncontrolling interests	0	0
Net income attributable to Tenneco Inc.	57	49
Comprehensive income (loss) attributable to Tenneco Inc.	84	(20)
Reclass and Elims
Net sales and operating revenues —
External	0	0
Affiliated companies	(317)	(251)
Net sales and operating revenues	(317)	(251)
Costs and expenses
Cost of sales (exclusive of depreciation and amortization shown below)	(317)	(251)
Engineering, research, and development	0	0
Selling, general, and administrative	0	0
Depreciation and amortization of other intangibles	0	0
Total costs and expenses	(317)	(251)
Other income (expense)
Loss on sale of receivables	0	0
Other income (expense)	0	0
Total other income (expense)	0	0
Earnings before interest expense, income taxes, and noncontrolling interests	0	0
Interest expense —
External (net of interest capitalized)	0	0
Affiliated companies (net of interest income)	0	0
Earnings (loss) before income taxes, noncontrolling interests, and equity in net income from affiliated companies	0	0
Income tax expense	0	0
Equity in net income (loss) from affiliated companies	(103)	(97)
Net Income (loss)	(103)	(97)
Less: Net income attributable to noncontrolling interests	0	0
Net income attributable to Tenneco Inc.	(103)	(97)
Comprehensive income (loss) attributable to Tenneco Inc.	$ (103)	$ (97)

Supplemental Guarantor Conden56

Supplemental Guarantor Condensed Consolidating Financial Statements - Balance Sheet (Details) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 374	$ 287	$ 288	$ 282
Restricted cash	2	1
Receivables, net	1,286	1,112
Inventories	746	682
Prepayments and other	254	229
Total current assets	2,662	2,311
Other assets:
Investment in affiliated companies	0	0
Notes and advances receivable from affiliates	0	0
Long-term receivables, net	11	13
Goodwill	59	60
Intangibles, net	21	22
Deferred income taxes	214	218
Other	103	100
Total other assets	408	413
Plant, property, and equipment, at cost	3,513	3,418
Less — Accumulated depreciation and amortization	(2,235)	(2,175)
Plant, property and equipment, net	1,278	1,243
Total Assets	4,348	3,967	4,151
Short-term debt (including current maturities of long-term debt)
Short-term debt — non-affiliated	97	86
Short-term debt — affiliated	0	0
Accounts payable	1,462	1,376
Accrued taxes	52	37
Other	310	295
Total current liabilities	1,921	1,794
Long-term debt — non-affiliated	1,311	1,124
Long-term debt — affiliated	0	0
Deferred income taxes	9	7
Postretirement benefits and other liabilities	$ 502	$ 524
Commitments and contingencies
Total liabilities	$ 3,743	$ 3,449
Redeemable noncontrolling interests	51	43
Tenneco Inc. shareholders’ equity	505	433
Noncontrolling interests	49	42
Total equity	554	475	522
Total liabilities, redeemable noncontrolling interests and equity	4,348	3,967
Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	4	2	0	10
Restricted cash	0	0
Receivables, net	503	299
Inventories	354	333
Prepayments and other	73	67
Total current assets	934	701
Other assets:
Investment in affiliated companies	1,136	1,146
Notes and advances receivable from affiliates	952	938
Long-term receivables, net	10	11
Goodwill	22	22
Intangibles, net	9	9
Deferred income taxes	121	122
Other	42	42
Total other assets	2,292	2,290
Plant, property, and equipment, at cost	1,281	1,281
Less — Accumulated depreciation and amortization	(856)	(851)
Plant, property and equipment, net	425	430
Total Assets	3,651	3,421
Short-term debt (including current maturities of long-term debt)
Short-term debt — non-affiliated	0	0
Short-term debt — affiliated	121	164
Accounts payable	540	484
Accrued taxes	14	6
Other	125	125
Total current liabilities	800	779
Long-term debt — non-affiliated	0	0
Long-term debt — affiliated	1,732	1,583
Deferred income taxes	0	0
Postretirement benefits and other liabilities	$ 419	$ 424
Commitments and contingencies
Total liabilities	$ 2,951	$ 2,786
Redeemable noncontrolling interests	0	0
Tenneco Inc. shareholders’ equity	700	635
Noncontrolling interests	0	0
Total equity	700	635
Total liabilities, redeemable noncontrolling interests and equity	3,651	3,421
Nonguarantor Subsidiaries
Current assets:
Cash and cash equivalents	370	285	288	272
Restricted cash	2	1
Receivables, net	1,334	1,241
Inventories	392	349
Prepayments and other	181	162
Total current assets	2,279	2,038
Other assets:
Investment in affiliated companies	0	0
Notes and advances receivable from affiliates	14,112	13,291
Long-term receivables, net	1	2
Goodwill	37	38
Intangibles, net	12	13
Deferred income taxes	27	28
Other	50	47
Total other assets	14,239	13,419
Plant, property, and equipment, at cost	2,232	2,137
Less — Accumulated depreciation and amortization	(1,379)	(1,324)
Plant, property and equipment, net	853	813
Total Assets	17,371	16,270
Short-term debt (including current maturities of long-term debt)
Short-term debt — non-affiliated	82	73
Short-term debt — affiliated	233	147
Accounts payable	1,058	955
Accrued taxes	38	31
Other	231	221
Total current liabilities	1,642	1,427
Long-term debt — non-affiliated	28	21
Long-term debt — affiliated	14,068	13,226
Deferred income taxes	9	7
Postretirement benefits and other liabilities	$ 83	$ 100
Commitments and contingencies
Total liabilities	$ 15,830	$ 14,781
Redeemable noncontrolling interests	51	43
Tenneco Inc. shareholders’ equity	1,441	1,404
Noncontrolling interests	49	42
Total equity	1,490	1,446
Total liabilities, redeemable noncontrolling interests and equity	17,371	16,270
Tenneco Inc
Current assets:
Cash and cash equivalents	0	0	0	0
Restricted cash	0	0
Receivables, net	0	0
Inventories	0	0
Prepayments and other	0	0
Total current assets	0	0
Other assets:
Investment in affiliated companies	1,005	891
Notes and advances receivable from affiliates	4,954	4,788
Long-term receivables, net	0	0
Goodwill	0	0
Intangibles, net	0	0
Deferred income taxes	66	68
Other	11	11
Total other assets	6,036	5,758
Plant, property, and equipment, at cost	0	0
Less — Accumulated depreciation and amortization	0	0
Plant, property and equipment, net	0	0
Total Assets	6,036	5,758
Short-term debt (including current maturities of long-term debt)
Short-term debt — non-affiliated	15	13
Short-term debt — affiliated	0	0
Accounts payable	0	0
Accrued taxes	0	0
Other	15	3
Total current liabilities	30	16
Long-term debt — non-affiliated	1,283	1,103
Long-term debt — affiliated	4,218	4,208
Deferred income taxes	0	0
Postretirement benefits and other liabilities	$ 0	$ 0
Commitments and contingencies
Total liabilities	$ 5,531	$ 5,327
Redeemable noncontrolling interests	0	0
Tenneco Inc. shareholders’ equity	505	433
Noncontrolling interests	0	0
Total equity	505	433
Total liabilities, redeemable noncontrolling interests and equity	6,036	5,760
Reclass and Elims
Current assets:
Cash and cash equivalents	0	0	$ 0	$ 0
Restricted cash	0	0
Receivables, net	(551)	(428)
Inventories	0	0
Prepayments and other	0	0
Total current assets	(551)	(428)
Other assets:
Investment in affiliated companies	(2,141)	(2,037)
Notes and advances receivable from affiliates	(20,018)	(19,017)
Long-term receivables, net	0	0
Goodwill	0	0
Intangibles, net	0	0
Deferred income taxes	0	0
Other	0	0
Total other assets	(22,159)	(21,054)
Plant, property, and equipment, at cost	0	0
Less — Accumulated depreciation and amortization	0	0
Plant, property and equipment, net	0	0
Total Assets	(22,710)	(21,482)
Short-term debt (including current maturities of long-term debt)
Short-term debt — non-affiliated	0	0
Short-term debt — affiliated	(354)	(311)
Accounts payable	(136)	(63)
Accrued taxes	0	0
Other	(61)	(54)
Total current liabilities	(551)	(428)
Long-term debt — non-affiliated	0	0
Long-term debt — affiliated	(20,018)	(19,017)
Deferred income taxes	0	0
Postretirement benefits and other liabilities	$ 0	$ 0
Commitments and contingencies
Total liabilities	$ (20,569)	$ (19,445)
Redeemable noncontrolling interests	0	0
Tenneco Inc. shareholders’ equity	(2,141)	(2,039)
Noncontrolling interests	0	0
Total equity	(2,141)	(2,039)
Total liabilities, redeemable noncontrolling interests and equity	$ (22,710)	$ (21,484)

Supplemental Guarantor Conden57

Supplemental Guarantor Condensed Consolidating Financial Statements - Statement of Cash Flows (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Operating Activities
Net cash provided (used) by operating activities	$ (29)	$ (50)
Investing Activities
Proceeds from sale of assets	1	1
Cash payments for plant, property, and equipment	(68)	(77)
Cash payments for software related intangible assets	(6)	(5)
Changes in restricted cash	(1)	3
Net cash used by investing activities	(74)	(78)
Financing Activities
Issuance of common shares	(2)	0
Tax benefit from stock-based compensation	0	3
Retirement of long-term debt	(4)	(4)
Issuance of long-term debt	5	0
Purchase of common stock under the share repurchase program	(16)	(11)
Net decrease in bank overdrafts	7	(8)
Net increase (decrease) in revolver borrowings and short-term debt excluding current maturities of long-term debt and short-term borrowings secured by accounts receivables	193	111
Net increase in short-term borrowings secured by accounts receivable		50
Intercompany dividend payments and net increase (decrease) in intercompany obligations	0	0
Net cash provided (used) by financing activities	183	141
Effect of foreign exchange rate changes on cash and cash equivalents	7	(7)
Increase (decrease) in cash and cash equivalents	87	6
Cash and cash equivalents, January 1	287	282
Cash and cash equivalents, March 31 (Note)	374	288
Guarantor Subsidiaries
Operating Activities
Net cash provided (used) by operating activities	(212)	(74)
Investing Activities
Proceeds from sale of assets	0	0
Cash payments for plant, property, and equipment	(13)	(27)
Cash payments for software related intangible assets	(2)	(2)
Changes in restricted cash	0	0
Net cash used by investing activities	(15)	(29)
Financing Activities
Issuance of common shares	0
Tax benefit from stock-based compensation		0
Retirement of long-term debt	0	0
Issuance of long-term debt	0
Purchase of common stock under the share repurchase program	0	0
Net decrease in bank overdrafts	0	0
Net increase (decrease) in revolver borrowings and short-term debt excluding current maturities of long-term debt and short-term borrowings secured by accounts receivables	0	0
Net increase in short-term borrowings secured by accounts receivable		0
Intercompany dividend payments and net increase (decrease) in intercompany obligations	229	93
Net cash provided (used) by financing activities	229	93
Effect of foreign exchange rate changes on cash and cash equivalents	0	0
Increase (decrease) in cash and cash equivalents	2	(10)
Cash and cash equivalents, January 1	2	10
Cash and cash equivalents, March 31 (Note)	4	0
Non-Guarantor Subsidiaries
Operating Activities
Net cash provided (used) by operating activities	180	26
Investing Activities
Proceeds from sale of assets	1	1
Cash payments for plant, property, and equipment	(55)	(50)
Cash payments for software related intangible assets	(4)	(3)
Changes in restricted cash	(1)	3
Net cash used by investing activities	(59)	(49)
Financing Activities
Issuance of common shares	0
Tax benefit from stock-based compensation		0
Retirement of long-term debt	0	0
Issuance of long-term debt	5
Purchase of common stock under the share repurchase program	0	0
Net decrease in bank overdrafts	7	(8)
Net increase (decrease) in revolver borrowings and short-term debt excluding current maturities of long-term debt and short-term borrowings secured by accounts receivables	8	64
Net increase in short-term borrowings secured by accounts receivable		0
Intercompany dividend payments and net increase (decrease) in intercompany obligations	(63)	(10)
Net cash provided (used) by financing activities	(43)	46
Effect of foreign exchange rate changes on cash and cash equivalents	7	(7)
Increase (decrease) in cash and cash equivalents	85	16
Cash and cash equivalents, January 1	285	272
Cash and cash equivalents, March 31 (Note)	370	288
Tenneco Inc
Operating Activities
Net cash provided (used) by operating activities	3	(2)
Investing Activities
Proceeds from sale of assets	0	0
Cash payments for plant, property, and equipment	0	0
Cash payments for software related intangible assets	0	0
Changes in restricted cash	0
Net cash used by investing activities	0	0
Financing Activities
Issuance of common shares	(2)
Tax benefit from stock-based compensation		3
Retirement of long-term debt	(4)	(4)
Issuance of long-term debt	0
Purchase of common stock under the share repurchase program	(16)	(11)
Net decrease in bank overdrafts	0	0
Net increase (decrease) in revolver borrowings and short-term debt excluding current maturities of long-term debt and short-term borrowings secured by accounts receivables	185	47
Net increase in short-term borrowings secured by accounts receivable		50
Intercompany dividend payments and net increase (decrease) in intercompany obligations	(166)	(83)
Net cash provided (used) by financing activities	(3)	2
Effect of foreign exchange rate changes on cash and cash equivalents	0	0
Increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents, January 1	0	0
Cash and cash equivalents, March 31 (Note)	0	0
Reclass and Elims
Operating Activities
Net cash provided (used) by operating activities	0	0
Investing Activities
Proceeds from sale of assets	0	0
Cash payments for plant, property, and equipment	0	0
Cash payments for software related intangible assets	0	0
Changes in restricted cash	0
Net cash used by investing activities	0	0
Financing Activities
Issuance of common shares	0
Tax benefit from stock-based compensation		0
Retirement of long-term debt	0	0
Issuance of long-term debt	0
Purchase of common stock under the share repurchase program	0	0
Net decrease in bank overdrafts	0	0
Net increase (decrease) in revolver borrowings and short-term debt excluding current maturities of long-term debt and short-term borrowings secured by accounts receivables	0	0
Net increase in short-term borrowings secured by accounts receivable		0
Intercompany dividend payments and net increase (decrease) in intercompany obligations	0	0
Net cash provided (used) by financing activities	0	0
Effect of foreign exchange rate changes on cash and cash equivalents	0	0
Increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents, January 1	0	0
Cash and cash equivalents, March 31 (Note)	$ 0	$ 0