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Earnings Per Share
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
Earnings per share of common stock outstanding were computed as follows:
 
Three Months Ended September 30, 2017
 
Three Months Ended September 30, 2016
 
Nine Months Ended September 30, 2017
 
Nine Months Ended September 30, 2016
 
(Millions Except Share and Per Share Amounts)
Basic earnings per share —
 
 
 
 
 
 
 
Net income attributable to Tenneco Inc.
$
83

 
$
179

 
$
139

 
$
318

Weighted Average shares of common stock outstanding
52,508,078

 
55,679,969

 
53,265,149

 
56,511,838

Earnings per share of common stock
$
1.57

 
$
3.22

 
$
2.61

 
$
5.63

Diluted earnings per share —
 
 
 
 

 

Net income attributable to Tenneco Inc.
$
83

 
$
179

 
$
139

 
$
318

Weighted Average shares of common stock outstanding
52,508,078

 
55,679,969

 
53,265,149

 
56,511,838

Effect of dilutive securities:
 
 
 
 

 

Restricted stock
89,666

 
207,707

 
106,320

 
144,145

Stock options
89,912

 
278,033

 
130,395

 
302,464

Weighted Average shares of common stock outstanding including dilutive securities
52,687,656

 
56,165,709

 
53,501,864

 
56,958,447

Earnings per share of common stock
$
1.57

 
$
3.19

 
$
2.60

 
$
5.58



Options to purchase 834 and 171,580 shares of common stock were outstanding as of September 30, 2017 and 2016, respectively, but not included in the computation of diluted earnings per share respectively, because the options were anti-dilutive.