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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 384 $ 697
Restricted cash 6 5
Receivables:    
Customer notes and accounts, net 2,754 2,487
Other 93 85
Inventories 2,207 2,245
Prepayments and other current assets 550 590
Total current assets 5,994 6,109
Property, plant and equipment, net 3,569 3,501
Long-term receivables, net 10 10
Goodwill 799 869
Intangibles, net 1,649 1,519
Investments in nonconsolidated affiliates 531 544
Deferred income taxes 480 467
Other assets 560 213
Total assets 13,592 13,232
Current liabilities:    
Short-term debt, including current maturities of long-term debt 170 153
Accounts payable 2,725 2,759
Accrued compensation and employee benefits 391 343
Accrued income taxes 0 64
Accrued expenses and other current liabilities 1,024 1,001
Total current liabilities 4,310 4,320
Long-term debt 5,508 5,340
Deferred income taxes 110 88
Pension and postretirement benefits 1,129 1,167
Deferred credits and other liabilities 546 263
Commitments and contingencies (Note 13)
Total liabilities 11,603 11,178
Redeemable noncontrolling interests 145 138
Tenneco Inc. shareholders’ equity:    
Preferred stock — $0.01 par value; none issued 0 0
Additional paid-in capital 4,371 4,360
Accumulated other comprehensive loss (680) (692)
Accumulated deficit (1,124) (1,013)
Total shareholders equity before treasury stock 2,568 2,656
Shares held as treasury stock — at cost: June 30, 2019 and December 31, 2018 — 14,592,888 shares (930) (930)
Tenneco Inc. shareholders’ equity 1,638 1,726
Noncontrolling interests 206 190
Total equity 1,844 1,916
Total liabilities, redeemable noncontrolling interests and equity 13,592 13,232
Class A voting stock — $0.01 par value; shares issued: June 30, 2019 — 71,746,952 and December 31, 2018 — 71,675,379    
Tenneco Inc. shareholders’ equity:    
Common stock 1 1
Class B non-voting convertible stock — $0.01 par value; shares issued: June 30, 2019 — 23,793,669 and December 31, 2018 — 23,793,669    
Tenneco Inc. shareholders’ equity:    
Common stock $ 0 $ 0