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Segment Information
6 Months Ended
Jun. 30, 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 June 30, 2016 and for the Three Months Ended June 30, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues from external customers
$
771

 
$
528

 
$
253

 
$
323

 
$
276

 
$
61

 
$

 
$

 
$
2,212

Intersegment revenues
3

 
25

 

 
2

 
8

 
11

 

 
(49
)
 

EBIT, Earnings (loss) before interest expense, income taxes, and noncontrolling interests
66

 
29

 
39

 
48

 
12

 
12

 
(29
)
 

 
177

Total assets
1,353

 
791

 
573

 
778

 
511

 
236

 

 
34

 
4,276

At June 30, 2015 and for the Three Months Ended June 30, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues from external customers
746

 
471

 
244

 
360

 
252

 
57

 

 

 
2,130

Intersegment revenues
3

 
25

 

 
3

 
9

 
12

 

 
(52
)
 

EBIT, Earnings (loss) before interest expense, income taxes, and noncontrolling interests
67

 
12

 
28

 
51

 
12

 
8

 
(23
)
 

 
155

Total assets
1,283

 
830

 
566

 
752

 
510

 
227

 

 
33

 
4,201

At June 30, 2016 and for the Six Months Ended June 30, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues from external customers
$
1,536

 
$
1,011

 
$
520

 
$
646

 
$
513

 
$
122

 
$

 
$

 
$
4,348

Intersegment revenues
6

 
47

 

 
4

 
15

 
23

 

 
(95
)
 

EBIT, Earnings (loss) before interest expense, income taxes, and noncontrolling interests
128

 
45

 
72

 
90

 
8

 
23

 
(65
)
 

 
301

Total assets
1,353

 
791

 
573

 
778

 
511

 
236

 

 
34

 
4,276

At June 30, 2015 and for the Six Months Ended June 30, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues from external customers
1,430

 
928

 
508

 
691

 
482

 
114

 

 

 
4,153

Intersegment revenues
7

 
52

 

 
5

 
15

 
25

 

 
(104
)
 

EBIT, Earnings (loss) before interest expense, income taxes, and noncontrolling interests
121

 
22

 
55

 
86

 
20

 
18

 
(47
)
 

 
275

Total assets
1,283

 
830

 
566

 
752

 
510

 
227

 

 
33

 
4,201