CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 250	$ 282
Restricted cash	2	3
Receivables —
Customer notes and accounts, net	1,266	1,064
Other	19	24
Inventories —
Finished goods	273	272
Work in process	232	221
Raw materials	151	137
Materials and supplies	57	58
Deferred income taxes	77	81
Prepayments and other	279	284
Total current assets	2,606	2,426
Other assets:
Long-term receivables, net	13	12
Goodwill	63	65
Intangibles, net	26	26
Deferred income taxes	162	143
Other	98	106
Total other assets	362	352
Plant, property, and equipment, at cost	3,475	3,490
Less — Accumulated depreciation and amortization	(2,242)	(2,272)
Plant, property and equipment, net	1,233	1,218
Total Assets	4,201	3,996
Current liabilities:
Short-term debt (including current maturities of long-term debt)	127	60
Trade payables	1,391	1,372
Accrued taxes	61	40
Accrued interest	4	3
Accrued liabilities	288	258
Other	55	66
Total current liabilities	1,926	1,799
Long-term debt	1,103	1,055
Deferred income taxes	20	18
Postretirement benefits	322	339
Deferred credits and other liabilities	$ 209	$ 212
Commitments and contingencies
Total liabilities	$ 3,580	$ 3,423
Redeemable noncontrolling interests	30	35
Tenneco Inc. Shareholders’ equity:
Common stock	1	1
Premium on common stock and other capital surplus	3,074	3,059
Accumulated other comprehensive loss	(590)	(545)
Retained earnings (accumulated deficit)	(1,568)	(1,695)
Shareholders Equity Before Deduction Of Treasury Stock, Total	917	820
Less — Shares held as treasury stock, at cost	367	323
Total Tenneco Inc. shareholders’ equity	550	497
Noncontrolling interests	41	41
Total equity	591	538
Total liabilities, redeemable noncontrolling interests and equity	$ 4,201	$ 3,996