Earnings Per Share

3 Months Ended

Mar. 31, 2014

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, 2014		Three Months Ended March 31, 2013
	(Millions Except Share and Per Share Amounts)
Basic earnings per share —
Net income attributable to Tenneco Inc.	$	46	$	54
Weighted Average shares of common stock outstanding	60,549,778		60,288,997
Earnings per share of common stock	$	0.76	$	0.90
Diluted earnings per share —
Net income attributable to Tenneco Inc.	$	46	$	54
Weighted Average shares of common stock outstanding	60,549,778		60,288,997
Effect of dilutive securities:
Restricted stock	160,341		138,594
Stock options	793,183		1,054,244
Weighted Average shares of common stock outstanding including dilutive securities	61,503,302		61,481,835
Earnings per share of common stock	$	0.75	$	0.88

Options to purchase 782 and 831,243 shares of common stock were outstanding as of March 31, 2014 and 2013, respectively, but not included in the computation of diluted earnings per share respectively, because the options were anti-dilutive.