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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 713 $ 798
Restricted cash 6 5
Receivables:    
Customer notes and accounts, net 2,636 2,423
Other 111 105
Inventories 1,920 1,743
Prepayments and other current assets 619 619
Total current assets 6,005 5,693
Property, plant, and equipment, net 2,956 3,057
Long-term receivables, net 9 8
Goodwill 508 508
Intangibles, net 1,125 1,194
Investments in nonconsolidated affiliates 547 581
Deferred income taxes 272 285
Other assets 519 526
Total assets 11,941 11,852
Current liabilities:    
Short-term debt, including current maturities of long-term debt 126 162
Accounts payable 3,101 2,917
Accrued compensation and employee benefits 456 365
Accrued income taxes 69 54
Accrued expenses and other current liabilities 1,061 1,188
Total current liabilities 4,813 4,686
Long-term debt 5,081 5,171
Deferred income taxes 96 89
Pension and postretirement benefits 1,057 1,101
Deferred credits and other liabilities 514 546
Commitments and contingencies (Note 12)
Total liabilities 11,561 11,593
Redeemable noncontrolling interests 108 78
Tenneco Inc. shareholders’ equity:    
Preferred stock - $0.01 par value; none issued 0 0
Additional paid-in capital 4,449 4,442
Accumulated other comprehensive loss (729) (744)
Accumulated deficit (2,833) (2,888)
Shares held as treasury stock - at cost: (June 30, 2021 and December 31, 2020 - 14,592,888) (930) (930)
Total Tenneco Inc. shareholders’ equity (deficit) (42) (119)
Noncontrolling interests 314 300
Total equity 272 181
Total liabilities, redeemable noncontrolling interests, and equity 11,941 11,852
Class A    
Tenneco Inc. shareholders’ equity:    
Common stock 1 1
Class B    
Tenneco Inc. shareholders’ equity:    
Common stock $ 0 $ 0