CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 324	$ 287
Restricted cash	2	1
Receivables —
Customer notes and accounts, net	1,276	1,102
Other	22	10
Inventories —
Finished goods	275	257
Work in process	270	233
Raw materials	145	135
Materials and supplies	63	57
Prepayments and other	300	229
Total current assets	2,677	2,311
Other assets:
Long-term receivables, net	10	13
Goodwill	58	60
Intangibles, net	20	22
Deferred income taxes	218	218
Other	101	100
Total other assets	407	413
Plant, property, and equipment, at cost	3,584	3,418
Less — Accumulated depreciation and amortization	(2,262)	(2,175)
Plant, property and equipment, net	1,322	1,243
Total Assets	4,406	3,967
Current liabilities:
Short-term debt (including current maturities of long-term debt)	124	86
Accounts payable	1,457	1,376
Accrued taxes	47	37
Accrued interest	13	4
Accrued liabilities	263	250
Other	41	41
Total current liabilities	1,945	1,794
Long-term debt	1,310	1,124
Deferred income taxes	8	7
Postretirement benefits	300	318
Deferred credits and other liabilities	133	206
Commitments and contingencies
Total liabilities	3,696	3,449
Redeemable noncontrolling interests	35	43
Tenneco Inc. Shareholders’ equity:
Common stock	1	1
Premium on common stock and other capital surplus	3,091	3,081
Accumulated other comprehensive loss	(650)	(665)
Retained earnings (accumulated deficit)	(1,125)	(1,448)
Total shareholders equity before treasury stock	1,317	969
Less — Shares held as treasury stock, at cost	682	536
Total Tenneco Inc. shareholders’ equity	635	433
Noncontrolling interests	40	42
Total equity	675	475
Total liabilities, redeemable noncontrolling interests and equity	$ 4,406	$ 3,967