Tenneco Inc. (TEN) financial statements (2023 and earlier)

Company profile

Business Address 500 NORTH FIELD DRIVE
LAKE FOREST, IL 60045
State of Incorp. DE
Fiscal Year End December 31
SIC 3714 - Motor Vehicle Parts and Accessories (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments859798564697315347
Cash and cash equivalents859798564697315347
Restricted cash and investments  2532
Receivables2,4192,5282,5382,5721,3211,294
Inventory, net of allowances, customer advances and progress billings1,8461,7431,9992,245869730
Inventory1,8461,7431,9992,245869730
Other undisclosed current assets689624632590291229
Total current assets:5,8135,6935,7356,1092,7992,602
Noncurrent Assets
Finance lease, right-of-use asset147 
Operating lease, right-of-use asset319328 
Property, plant and equipment 3,0573,6273,5011,6151,357
Long-term investments and receivables54458952855499
Long-term investments539581518544  
Accounts and financing receivable, after allowance for credit loss58101099
Intangible assets, net (including goodwill)1,5631,7022,1972,3887176
Goodwill5075087758694957
Intangible assets, net (excluding goodwill)1,0561,1941,4221,5192219
Regulated entity, other noncurrent assets7882 9013 
Deferred income tax assets266285607
Other noncurrent assets  532213144103
Other undisclosed noncurrent assets3,025109 377191199
Total noncurrent assets:5,8096,1597,4917,1232,0431,744
TOTAL ASSETS:11,62211,85213,22613,2324,8424,346
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,4073,3363,0444,1672,0511,840
Accounts payable2,9552,9172,6472,7591,7051,501
Accrued liabilities   1,001287285
Employee-related liabilities381365325343  
Taxes payable715472644539
Interest and dividends payable    1415
Debt571621851538390
Other liabilities1,2271,1881,0701,00113243
Other undisclosed current liabilities   (1,001)  
Total current liabilities:4,6914,6864,2994,3202,2661,973
Noncurrent Liabilities
Long-term debt and lease obligation5,2675,4175,6065,3401,3581,307
Long-term debt, excluding current maturities5,0185,1715,3715,3401,3581,307
Finance lease, liability951
Operating lease, liability240241234
Liabilities, other than long-term debt9351,1901,2511,255279280
Deferred tax liabilities, net88117
Deferred income tax liabilities10589106
Liability, pension and other postretirement and postemployment benefits8301,1011,1451,167268273
Other undisclosed noncurrent liabilities242300255263155126
Total noncurrent liabilities:6,4446,9077,1126,8581,7921,713
Total liabilities:11,13511,59311,41111,1784,0583,686
Temporary equity, carrying amount91781961384240
Stockholders' equity
Stockholders' equity attributable to parent, including:85(119)1,4251,726696573
Common stock    11
Treasury stock, value(930)(930)(930)(930)(930)(761)
Additional paid in capital4,4624,4424,4324,3603,1123,098
Accumulated other comprehensive loss(595)(744)(711)(692)(541)(670)
Accumulated deficit(2,853)(2,888)(1,367)(1,013)(946)(1,100)
Other undisclosed stockholders' equity attributable to parent1111 5
Stockholders' equity attributable to noncontrolling interest3113001941904647
Total stockholders' equity:3961811,6191,916742620
TOTAL LIABILITIES AND EQUITY:11,62211,85213,22613,2324,8424,346

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues18,03515,37917,45011,7639,2748,599
Revenue, net11,7639,2748,599
Cost of revenue(16,082)(14,295)(15,675)(10,248)(8,028)(7,328)
Cost of goods and services sold(15,665)(13,402)(14,912)   
Gross profit:1,9531,0841,7751,5151,2461,271
Operating expenses(1,547)(1,913)(1,739)(1,169)(825)(750)
Operating income (loss):406(829)36346421521
Nonoperating income (expense)15010585(40)(4)(5)
Foreign currency transaction gain, before tax     1
Other nonoperating income (expense)723853(12)1 
Interest and debt expense(274)(277)(322)(132)(73)(92)
Income (loss) from continuing operations before equity method investments, income taxes:282(1,001)(201)174344424
Income from equity method investments   18  
Other undisclosed loss from continuing operations before income taxes   (18)  
Income (loss) from continuing operations before income taxes:282(1,001)(201)174344424
Income tax expense(182)(459)(19)(63)(70) 
Net income (loss):100(1,460)(220)111274424
Net loss attributable to noncontrolling interest(65)(61)(114)(56)(67)(68)
Net income (loss) available to common stockholders, diluted:35(1,521)(334)55207356

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income (loss):100(1,460)(220)111274424
Other comprehensive income (loss)142(19)(29)(156) (4)
Comprehensive income (loss):242(1,479)(249)(45)274420
Comprehensive loss, net of tax, attributable to noncontrolling interest(58)(75)(104)(54)(69)(64)
Other undisclosed comprehensive income, net of tax, attributable to parent    126 
Comprehensive income (loss), net of tax, attributable to parent:184(1,554)(353)(99)331356

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: