XML 127 R114.htm IDEA: XBRL DOCUMENT v3.7.0.1
Supplemental Guarantor Condensed Consolidating Financial Statements - Statement of Cash Flows (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Activities      
Net cash provided (used) by operating activities $ 489 $ 517 $ 341
Investing Activities      
Proceeds from sale of assets 6 4 3
Cash payments for plant, property, and equipment (325) (286) (328)
Cash payments for software related intangible assets (20) (23) (13)
Cash payments for net assets purchased     (3)
Change in restricted cash (1) 2 2
Net cash used by investing activities (340) (303) (339)
Financing Activities      
Retirement of long-term debt (531) (37) (462)
Issuance of long-term debt 509 1 570
Debt issuance cost on long-term debt (9) (1) (12)
Tax impact from stock-based compensation (10) 6 26
Purchase of common stock under the share repurchase program (225) (213) (22)
Issuance of common stock 18 6 19
Increase in bank overdrafts 10 (22) 6
Net decrease in revolver borrowings and short-term debt excluding current maturities of long-term debt and short-term borrowings secured by accounts receivable 202 102 (70)
Net decrease in short-term borrowings secured by accounts receivable   30 (10)
Intercompany dividends and net increase (decrease) in intercompany obligations 0 0 0
Capital contribution from noncontrolling interest partner 0 0 5
Distribution to noncontrolling interest partners (55) (44) (30)
Net cash provided (used) by financing activities (91) (172) 20
Effect of foreign exchange rate changes on cash and cash equivalents 2 (37) (15)
Increase in cash and cash equivalents 60 5 7
Cash and cash equivalents, January 1 287 [1] 282 [1] 275
Cash and cash equivalents, December 31 (Note) [1] 347 287 282
Guarantor Subsidiaries      
Operating Activities      
Net cash provided (used) by operating activities 176 204 44
Investing Activities      
Proceeds from sale of assets 0 0 0
Cash payments for plant, property, and equipment (117) (114) (106)
Cash payments for software related intangible assets (13) (16) (5)
Cash payments for net assets purchased     (3)
Change in restricted cash 0 0  
Net cash used by investing activities (130) (130) (114)
Financing Activities      
Retirement of long-term debt 0 0 0
Issuance of long-term debt 0 0 0
Debt issuance cost on long-term debt 0 0 0
Tax impact from stock-based compensation 0 0 0
Purchase of common stock under the share repurchase program 0 0 0
Issuance of common stock 0 0 0
Increase in bank overdrafts 0 0 0
Net decrease in revolver borrowings and short-term debt excluding current maturities of long-term debt and short-term borrowings secured by accounts receivable 0 0 0
Net decrease in short-term borrowings secured by accounts receivable   0 0
Intercompany dividends and net increase (decrease) in intercompany obligations (39) (82) 74
Capital contribution from noncontrolling interest partner     0
Distribution to noncontrolling interest partners 0 0 0
Net cash provided (used) by financing activities (39) (82) 74
Effect of foreign exchange rate changes on cash and cash equivalents 0 0 0
Increase in cash and cash equivalents 7 (8) 4
Cash and cash equivalents, January 1 2 10 6
Cash and cash equivalents, December 31 (Note) 9 2 10
Non-Guarantor Subsidiaries      
Operating Activities      
Net cash provided (used) by operating activities 300 311 314
Investing Activities      
Proceeds from sale of assets 6 4 3
Cash payments for plant, property, and equipment (208) (172) (222)
Cash payments for software related intangible assets (7) (7) (8)
Cash payments for net assets purchased     0
Change in restricted cash (1) 2  
Net cash used by investing activities (210) (173) (225)
Financing Activities      
Retirement of long-term debt (16) (22) (9)
Issuance of long-term debt 9 1 45
Debt issuance cost on long-term debt 0 0 0
Tax impact from stock-based compensation 0 0 0
Purchase of common stock under the share repurchase program 0 0 0
Issuance of common stock 0 0 0
Increase in bank overdrafts 10 (22) 6
Net decrease in revolver borrowings and short-term debt excluding current maturities of long-term debt and short-term borrowings secured by accounts receivable 5 20 (13)
Net decrease in short-term borrowings secured by accounts receivable   0 0
Intercompany dividends and net increase (decrease) in intercompany obligations 8 (21) (75)
Capital contribution from noncontrolling interest partner     5
Distribution to noncontrolling interest partners (55) (44) (30)
Net cash provided (used) by financing activities (39) (88) (71)
Effect of foreign exchange rate changes on cash and cash equivalents 2 (37) (15)
Increase in cash and cash equivalents 53 13 3
Cash and cash equivalents, January 1 285 272 269
Cash and cash equivalents, December 31 (Note) 338 285 272
Tenneco Inc. (Parent Company)      
Operating Activities      
Net cash provided (used) by operating activities 28 49 21
Investing Activities      
Proceeds from sale of assets 0 0 0
Cash payments for plant, property, and equipment 0 0 0
Cash payments for software related intangible assets 0 0 0
Cash payments for net assets purchased     0
Change in restricted cash 0 0  
Net cash used by investing activities 0 0 0
Financing Activities      
Retirement of long-term debt (515) (15) (453)
Issuance of long-term debt 500 0 525
Debt issuance cost on long-term debt (9) (1) (12)
Tax impact from stock-based compensation (10) 6 26
Purchase of common stock under the share repurchase program (225) (213) (22)
Issuance of common stock 18 6 19
Increase in bank overdrafts 0 0 0
Net decrease in revolver borrowings and short-term debt excluding current maturities of long-term debt and short-term borrowings secured by accounts receivable 197 82 (57)
Net decrease in short-term borrowings secured by accounts receivable   30 (10)
Intercompany dividends and net increase (decrease) in intercompany obligations 16 56 (37)
Capital contribution from noncontrolling interest partner     0
Distribution to noncontrolling interest partners 0 0 0
Net cash provided (used) by financing activities (28) (49) (21)
Effect of foreign exchange rate changes on cash and cash equivalents 0 0 0
Increase in cash and cash equivalents 0 0 0
Cash and cash equivalents, January 1 0 0 0
Cash and cash equivalents, December 31 (Note) 0 0 0
Reclass & Elims      
Operating Activities      
Net cash provided (used) by operating activities (15) (47) (38)
Investing Activities      
Proceeds from sale of assets 0 0 0
Cash payments for plant, property, and equipment 0 0 0
Cash payments for software related intangible assets 0 0 0
Cash payments for net assets purchased     0
Change in restricted cash 0 0  
Net cash used by investing activities 0 0 0
Financing Activities      
Retirement of long-term debt 0 0 0
Issuance of long-term debt 0 0 0
Debt issuance cost on long-term debt 0 0 0
Tax impact from stock-based compensation 0 0 0
Purchase of common stock under the share repurchase program 0 0 0
Issuance of common stock 0 0 0
Increase in bank overdrafts 0 0 0
Net decrease in revolver borrowings and short-term debt excluding current maturities of long-term debt and short-term borrowings secured by accounts receivable 0 0 0
Net decrease in short-term borrowings secured by accounts receivable   0 0
Intercompany dividends and net increase (decrease) in intercompany obligations 15 47 38
Capital contribution from noncontrolling interest partner     0
Distribution to noncontrolling interest partners 0 0 0
Net cash provided (used) by financing activities 15 47 38
Effect of foreign exchange rate changes on cash and cash equivalents 0 0 0
Increase in cash and cash equivalents 0 0 0
Cash and cash equivalents, January 1 0 0 0
Cash and cash equivalents, December 31 (Note) $ 0 $ 0 $ 0
[1] Cash and cash equivalents include highly liquid investments with a maturity of three months or less at the date of purchase.