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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 415 $ 859
Restricted cash 8 6
Receivables:    
Customer notes and accounts, net 2,702 2,308
Other 117 111
Inventories 1,948 1,846
Prepayments and other current assets 553 683
Total current assets 5,743 5,813
Property, plant, and equipment, net 2,557 2,872
Long-term receivables, net 4 5
Goodwill 506 507
Intangibles, net 940 1,056
Investments in nonconsolidated affiliates 434 539
Deferred income taxes 241 266
Other assets 527 564
Total assets 10,952 11,622
Current liabilities:    
Short-term debt, including current maturities of long-term debt 1,427 57
Accounts payable 3,288 2,955
Accrued compensation and employee benefits 364 381
Accrued income taxes 70 71
Accrued expenses and other current liabilities 1,153 1,227
Total current liabilities 6,302 4,691
Long-term debt 3,603 5,018
Deferred income taxes 96 105
Pension and postretirement benefits 723 830
Deferred credits and other liabilities 436 491
Commitments and contingencies (Note 11)
Total liabilities 11,160 11,135
Redeemable noncontrolling interests 37 91
Tenneco Inc. shareholders’ equity:    
Preferred stock - $0.01 par value; none issued 0 0
Additional paid-in capital 4,473 4,462
Accumulated other comprehensive loss (1,007) (595)
Accumulated deficit (3,056) (2,853)
Shares held as treasury stock - at cost: (September 30, 2022 and December 31, 2021 - 14,592,888) (930) (930)
Total Tenneco Inc. shareholders’ equity (deficit) (519) 85
Noncontrolling interests 274 311
Total equity (245) 396
Total liabilities, redeemable noncontrolling interests, and equity 10,952 11,622
Class A    
Tenneco Inc. shareholders’ equity:    
Common stock 1 1
Class B    
Tenneco Inc. shareholders’ equity:    
Common stock $ 0 $ 0