Earnings Per Share

3 Months Ended

Mar. 31, 2017

Earnings per share of common stock outstanding were computed as follows:



	Three Months Ended March 31, 2017		Three Months Ended March 31, 2016
	(Millions Except Share and Per Share Amounts)
Basic earnings per share —
Net income attributable to Tenneco Inc.	$	63	$	57
Weighted Average shares of common stock outstanding	53,856,352		57,115,496
Earnings per share of common stock	$	1.17	$	1.00
Diluted earnings per share —
Net income attributable to Tenneco Inc.	$	63	$	57
Weighted Average shares of common stock outstanding	53,856,352		57,115,496
Effect of dilutive securities:
Restricted stock	145,999		48,603
Stock options	229,408		281,842
Weighted Average shares of common stock outstanding including dilutive securities	54,231,759		57,445,941
Earnings per share of common stock	$	1.16	$	0.99

Options to purchase 834 and 335,826 shares of common stock were outstanding as of March 31, 2017 and 2016, respectively, but not included in the computation of diluted earnings per share respectively, because the options were anti-dilutive.