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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues    
Net sales and operating revenues $ 4,649 $ 4,731
Costs and expenses    
Cost of sales (exclusive of depreciation and amortization) 4,108 4,061
Selling, general, and administrative 252 255
Depreciation and amortization 146 155
Engineering, research, and development 75 72
Restructuring charges, net and asset impairments 13 25
Costs and expenses 4,594 4,568
Other income (expense)    
Non-service pension and postretirement benefit (costs) credits 3 3
Equity in earnings (losses) of nonconsolidated affiliates, net of tax 12 22
Gain (loss) on extinguishment of debt 0 8
Other income (expense), net 7 8
Total other expense (income) 22 41
Earnings (loss) before interest expense, income taxes, and noncontrolling interests 77 204
Interest expense (66) (70)
Earnings (loss) before income taxes and noncontrolling interests 11 134
Income tax (expense) benefit (30) (47)
Net income (loss) (19) 87
Less: Net income (loss) attributable to noncontrolling interests 19 22
Net income (loss) attributable to Tenneco Inc. $ (38) $ 65
Basic earnings (loss) per share:    
Earnings (loss) per share (in dollars per share) $ (0.46) $ 0.80
Weighted average shares outstanding (in shares) 83,132,797 81,953,133
Diluted earnings (loss) per share:    
Earnings (loss) per share (in dollars per share) $ (0.46) $ 0.79
Weighted average shares outstanding (in shares) 83,132,797 82,524,129