Tenneco Inc. (TEN) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
7450 N. MCCORMICK BLVD. SKOKIE, IL 60076 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3714 - Motor Vehicle Parts and Accessories (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 415 | 389 | 636 | 859 | 589 | 713 | 626 | ||
| Cash and cash equivalents | 415 | 389 | 636 | 859 | 589 | 713 | 626 | ||
| Restricted cash and investments | 8 | 6 | 5 | 6 | 6 | 5 | |||
| Receivables | 2,819 | 2,679 | 2,636 | 2,419 | 2,585 | 2,747 | 2,822 | ||
| Inventory, net of allowances, customer advances and progress billings | 1,948 | 2,073 | 2,049 | 1,846 | 1,893 | 1,920 | 1,830 | ||
| Inventory | 1,948 | 2,073 | 2,049 | 1,846 | 1,893 | 1,920 | 1,830 | ||
| Other undisclosed current assets | 553 | 625 | 694 | 689 | 744 | 619 | 589 | ||
| Total current assets: | 5,743 | 5,772 | 6,020 | 5,813 | 5,817 | 6,005 | 5,872 | ||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset | 14 | ||||||||
| Operating lease, right-of-use asset | 319 | ||||||||
| Property, plant and equipment | 2,557 | 2,691 | 2,811 | 2,885 | 2,956 | 2,955 | |||
| Long-term investments and receivables | 438 | 473 | 519 | 544 | 554 | 556 | 541 | ||
| Long-term investments | 434 | 469 | 513 | 539 | 545 | 547 | 532 | ||
| Accounts and financing receivable, after allowance for credit loss | 4 | 4 | 6 | 5 | 9 | 9 | 9 | ||
| Intangible assets, net (including goodwill) | 1,446 | 1,486 | 1,529 | 1,563 | 1,598 | 1,633 | 1,662 | ||
| Goodwill | 506 | 506 | 507 | 507 | 508 | 508 | 508 | ||
| Intangible assets, net (excluding goodwill) | 940 | 980 | 1,022 | 1,056 | 1,090 | 1,125 | 1,154 | ||
| Regulated entity, other noncurrent assets | 78 | ||||||||
| Deferred income tax assets | 241 | 260 | 268 | 266 | 266 | 272 | 282 | ||
| Other noncurrent assets | 527 | 537 | 556 | 496 | 519 | 525 | |||
| Other undisclosed noncurrent assets | 3,025 | ||||||||
| Total noncurrent assets: | 5,209 | 5,447 | 5,683 | 5,809 | 5,799 | 5,936 | 5,965 | ||
| TOTAL ASSETS: | 10,952 | 11,219 | 11,703 | 11,622 | 11,616 | 11,941 | 11,837 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 4,156 | 4,123 | 3,741 | 3,407 | 3,350 | 3,626 | 3,586 | ||
| Accounts payable | 3,288 | 3,225 | 3,244 | 2,955 | 2,877 | 3,101 | 3,090 | ||
| Accrued liabilities | 434 | 449 | |||||||
| Employee-related liabilities | 364 | 397 | 445 | 381 | 408 | 456 | 431 | ||
| Taxes payable | 70 | 52 | 52 | 71 | 65 | 69 | 65 | ||
| Debt | 1,427 | 85 | 41 | 57 | 78 | 126 | 124 | ||
| Other liabilities | 1,153 | 1,136 | 1,102 | 1,227 | 1,188 | 1,061 | 1,053 | ||
| Other undisclosed current liabilities | (434) | (449) | |||||||
| Total current liabilities: | 6,302 | 4,895 | 4,884 | 4,691 | 4,616 | 4,813 | 4,763 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 3,603 | 4,934 | 4,976 | 5,267 | 5,050 | 5,081 | 5,111 | ||
| Long-term debt, excluding current maturities | 3,603 | 4,934 | 4,976 | 5,018 | 5,050 | 5,081 | 5,111 | ||
| Finance lease, liability | 9 | ||||||||
| Operating lease, liability | 240 | ||||||||
| Liabilities, other than long-term debt | 819 | 866 | 906 | 935 | 1,120 | 1,153 | 1,156 | ||
| Deferred income tax liabilities | 96 | 100 | 103 | 105 | 92 | 96 | 94 | ||
| Liability, pension and other postretirement and postemployment benefits | 723 | 766 | 803 | 830 | 1,028 | 1,057 | 1,062 | ||
| Other undisclosed noncurrent liabilities | 436 | 456 | 490 | 242 | 496 | 514 | 511 | ||
| Total noncurrent liabilities: | 4,858 | 6,256 | 6,372 | 6,444 | 6,666 | 6,748 | 6,778 | ||
| Total liabilities: | 11,160 | 11,151 | 11,256 | 11,135 | 11,282 | 11,561 | 11,541 | ||
| Temporary equity, carrying amount | 37 | 40 | 90 | 91 | 111 | 108 | 87 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | (519) | (262) | 53 | 85 | (90) | (42) | (96) | ||
| Treasury stock, value | (930) | (930) | (930) | (930) | (930) | (930) | (930) | ||
| Additional paid in capital | 4,473 | 4,469 | 4,464 | 4,462 | 4,458 | 4,449 | 4,445 | ||
| Accumulated other comprehensive loss | (1,007) | (790) | (591) | (595) | (801) | (729) | (789) | ||
| Accumulated deficit | (3,056) | (3,012) | (2,891) | (2,853) | (2,818) | (2,833) | (2,823) | ||
| Other undisclosed stockholders' equity attributable to parent | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| Stockholders' equity attributable to noncontrolling interest | 274 | 290 | 304 | 311 | 313 | 314 | 305 | ||
| Total stockholders' equity: | (245) | 28 | 357 | 396 | 223 | 272 | 209 | ||
| TOTAL LIABILITIES AND EQUITY: | 10,952 | 11,219 | 11,703 | 11,622 | 11,616 | 11,941 | 11,837 | ||
Income Statement (P&L) ($ in millions) Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 4,931 | 4,665 | 4,649 | 4,389 | 4,332 | 4,583 | 4,731 | |
| Cost of revenue | (4,495) | (4,274) | (4,240) | (3,930) | (3,882) | (4,077) | (4,184) | |
| Cost of goods and services sold | (4,388) | (4,167) | (4,108) | (3,855) | (3,776) | (3,973) | (4,061) | |
| Gross profit: | 436 | 391 | 409 | 459 | 450 | 506 | 547 | |
| Operating expenses | (326) | (396) | (354) | (414) | (348) | (410) | (384) | |
| Operating income (loss): | 110 | (5) | 55 | 45 | 102 | 96 | 163 | |
| Nonoperating income | 19 | 20 | 22 | 55 | 23 | 31 | 41 | |
| Other nonoperating income | 13 | 7 | 7 | 42 | 9 | 13 | 8 | |
| Interest and debt expense | (90) | (76) | (66) | (69) | (66) | (69) | (70) | |
| Income (loss) from continuing operations before income taxes: | 39 | (61) | 11 | 31 | 59 | 58 | 134 | |
| Income tax expense | (67) | (43) | (30) | (60) | (34) | (41) | (47) | |
| Net income (loss): | (28) | (104) | (19) | (29) | 25 | 17 | 87 | |
| Net loss attributable to noncontrolling interest | (16) | (17) | (19) | (6) | (10) | (27) | (22) | |
| Net income (loss) available to common stockholders, diluted: | (44) | (121) | (38) | (35) | 15 | (10) | 65 | |
Comprehensive Income ($ in millions)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (28) | (104) | (19) | (29) | 25 | 17 | 87 | |
| Other comprehensive income (loss) | (242) | (221) | 1 | 206 | (77) | 64 | (51) | |
| Comprehensive income (loss): | (270) | (325) | (18) | 177 | (52) | 81 | 36 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 9 | 5 | (16) | (6) | (5) | (31) | (16) | |
| Comprehensive income (loss), net of tax, attributable to parent: | (261) | (320) | (34) | 171 | (57) | 50 | 20 | |
Statements Sources
The financial statements are based on the Company's filings with 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.