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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents [1] $ 315 $ 347
Restricted cash 3 2
Receivables —    
Customer notes and accounts, net 1,294 1,272
Other 27 22
Inventories 869 730
Prepayments and other 291 229
Total current assets 2,799 2,602
Other assets:    
Long-term receivables, net 9 9
Goodwill 49 57
Intangibles, net 22 19
Deferred income taxes 204 199
Other 144 103
Other Assets 428 387
Plant, property, and equipment, at cost 4,008 3,548
Less — Accumulated depreciation and amortization (2,393) (2,191)
Plant, property and equipment, net 1,615 1,357
Total Assets 4,842 4,346
Current liabilities:    
Short-term debt (including current maturities of long-term debt) 83 90
Accounts payable 1,705 1,501
Accrued taxes 45 39
Accrued interest 14 15
Accrued liabilities 287 285
Other 132 43
Total current liabilities 2,266 1,973
Long-term debt 1,358 1,294
Deferred income taxes 11 7
Pension and postretirement benefits 268 273
Deferred credits and other liabilities 155 139
Commitments and contingencies
Total liabilities 4,058 3,686
Redeemable noncontrolling interests 42 40
Tenneco Inc. Shareholders’ equity:    
Common stock 1 1
Premium on common stock and other capital surplus 3,112 3,098
Accumulated other comprehensive loss (541) (665)
Retained earnings (accumulated deficit) (946) (1,100)
Shareholders equity before deduction of treasury stock 1,626 1,334
Less — Shares held as treasury stock, at cost 930 761
Total Tenneco Inc. shareholders’ equity 696 573
Noncontrolling interests 46 47
Total equity 742 620
Total liabilities, redeemable noncontrolling interests and equity $ 4,842 $ 4,346
[1] Cash and cash equivalents include highly liquid investments with a maturity of three months or less at the date of purchase.