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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues    
Net sales and operating revenues $ 2,094 $ 1,903
Costs and expenses    
Cost of sales (exclusive of depreciation and amortization shown below) 1,754 1,604
Engineering, research, and development 42 35
Selling, general, and administrative 132 119
Depreciation and amortization of other intangibles 51 50
Costs and expenses 1,979 1,808
Other expense    
Loss on sale of receivables (1) (1)
Other (1) (1)
Total other income (expense) (2) (2)
Earnings before interest expense, income taxes, and noncontrolling interests 113 93
Interest expense (net of interest capitalized of $1 million for both three months ended March 31, 2014 and 2013, respectively) 19 20
Earnings before income taxes and noncontrolling interests 94 73
Income tax expense 40 12
Net income 54 61
Less: Net income attributable to noncontrolling interests 8 7
Net income attributable to Tenneco Inc. $ 46 $ 54
Weighted average shares of common stock outstanding —    
Basic (in shares) 60,549,778 60,288,997
Diluted (in shares) 61,503,302 61,481,835
Basic earnings per share of common stock (in dollars per share) $ 0.76 $ 0.90
Diluted earnings per share of common stock (in dollars per share) $ 0.75 $ 0.88