Tenneco Inc(NYSE:TEN) 
Tenneco Inc. designs, manufactures, and sells clean air, powertrain, and ride performance products and systems for light vehicle, commercial truck, off-highway, industrial, and aftermarket customers worldwide. The company operates through Clean Air, Powertrain, Ride Performance, and Motorparts segme...
Website: http://www.tenneco.com
Founded: 1940
Full Time Employees: 73,000 (May 2021)
Sector: Consumer Cyclical
Industry: Auto Parts
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Quarterly
Annual
| Unit: USD | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-03-31 | 2014-12-31 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2006-12-31 | 2006-06-30 |
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revenues | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net sales and operating revenues | 4,931,000,000 | 4,665,000,000 | 4,649,000,000 | 4,389,000,000 | 4,332,000,000 | 4,583,000,000 | 4,731,000,000 | 4,650,000,000 | 4,256,000,000 | 2,637,000,000 | 3,836,000,000 | 4,143,000,000 | 4,319,000,000 | 4,504,000,000 | 4,484,000,000 | 2,372,000,000 | 2,537,000,000 | 2,574,000,000 | 2,391,000,000 | 2,274,000,000 | 2,317,000,000 | 2,292,000,000 | 2,155,000,000 | 2,096,000,000 | 2,212,000,000 | 2,136,000,000 | 2,031,000,000 | 2,025,000,000 | 2,023,000,000 | 2,241,000,000 | 2,094,000,000 | 2,031,000,000 | 1,963,000,000 | 2,067,000,000 | 1,903,000,000 | 1,753,000,000 | 1,778,000,000 | 1,920,000,000 | 1,912,000,000 | 1,784,000,000 | 1,773,000,000 | 1,888,000,000 | 1,760,000,000 | 1,577,000,000 | 1,542,000,000 | 1,316,000,000 | 1,322,000,000 | 1,254,000,000 | 1,106,000,000 | 967,000,000 | 1,208,000,000 | 1,497,000,000 | 1,651,000,000 | 1,222,000,000 | |||
costs and expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of sales | 4,388,000,000 | 4,167,000,000 | 4,108,000,000 | 3,855,000,000 | 3,776,000,000 | 3,973,000,000 | 4,061,000,000 | 3,955,000,000 | 3,610,000,000 | 2,498,000,000 | 3,339,000,000 | 3,602,000,000 | 3,653,000,000 | 3,793,000,000 | 3,864,000,000 | 2,014,000,000 | 2,159,000,000 | 2,198,000,000 | 2,022,000,000 | 1,913,000,000 | 1,946,000,000 | 1,925,000,000 | 1,790,000,000 | 1,741,000,000 | 1,810,000,000 | 1,770,000,000 | 1,688,000,000 | 1,707,000,000 | 1,686,000,000 | 1,851,000,000 | 1,754,000,000 | 1,703,000,000 | 1,691,000,000 | 1,736,000,000 | 1,604,000,000 | 1,474,000,000 | 1,494,000,000 | 1,595,000,000 | 1,607,000,000 | 1,514,000,000 | 1,492,000,000 | 1,565,000,000 | 1,466,000,000 | 1,325,000,000 | 1,280,000,000 | 533,000,000 | 1,073,000,000 | 1,092,000,000 | 1,043,000,000 | 913,000,000 | 827,000,000 | 1,056,000,000 | 1,298,000,000 | 1,383,000,000 | 972,000,000 | ||
selling, general, and administrative | 219,000,000 | 257,000,000 | 252,000,000 | 253,000,000 | 240,000,000 | 269,000,000 | 255,000,000 | 231,000,000 | 214,000,000 | 195,000,000 | 249,000,000 | 285,000,000 | 249,000,000 | 288,000,000 | 316,000,000 | 141,000,000 | 156,000,000 | 153,000,000 | 119,000,000 | 128,000,000 | 253,000,000 | 148,000,000 | 199,000,000 | 109,000,000 | 134,000,000 | 147,000,000 | 132,000,000 | 113,000,000 | 125,000,000 | 139,000,000 | 132,000,000 | 116,000,000 | 112,000,000 | 106,000,000 | 119,000,000 | 106,000,000 | 94,000,000 | 109,000,000 | 118,000,000 | 100,000,000 | 101,000,000 | 118,000,000 | 109,000,000 | 110,000,000 | 109,000,000 | 36,000,000 | 100,000,000 | 88,000,000 | 90,000,000 | 88,000,000 | 78,000,000 | 98,000,000 | 87,000,000 | 102,000,000 | 107,000,000 | ||
depreciation and amortization | 140,000,000 | 143,000,000 | 146,000,000 | 146,000,000 | 147,000,000 | 145,000,000 | 155,000,000 | 158,000,000 | 151,000,000 | 159,000,000 | 171,000,000 | 170,000,000 | 165,000,000 | 169,000,000 | 169,000,000 | ||||||||||||||||||||||||||||||||||||||||||
engineering, research, and development | 71,000,000 | 74,000,000 | 75,000,000 | 69,000,000 | 71,000,000 | 73,000,000 | 72,000,000 | 74,000,000 | 67,000,000 | 55,000,000 | 77,000,000 | 76,000,000 | 78,000,000 | 78,000,000 | 92,000,000 | 39,000,000 | 42,000,000 | 41,000,000 | 43,000,000 | 40,000,000 | 36,000,000 | 39,000,000 | 37,000,000 | 41,000,000 | 37,000,000 | 39,000,000 | 32,000,000 | 35,000,000 | 41,000,000 | 42,000,000 | 42,000,000 | 41,000,000 | 35,000,000 | 33,000,000 | 35,000,000 | 32,000,000 | 28,000,000 | 28,000,000 | 38,000,000 | 31,000,000 | 32,000,000 | 35,000,000 | 35,000,000 | 27,000,000 | 30,000,000 | 17,000,000 | 27,000,000 | 25,000,000 | 27,000,000 | 24,000,000 | 21,000,000 | 28,000,000 | 29,000,000 | 34,000,000 | 22,000,000 | ||
restructuring charges, net and asset impairments | 3,000,000 | 29,000,000 | 13,000,000 | 21,000,000 | -4,000,000 | 27,000,000 | 25,000,000 | 17,000,000 | 121,000,000 | 484,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
costs and expenses - sum | 4,821,000,000 | 4,670,000,000 | 4,594,000,000 | 4,344,000,000 | 4,230,000,000 | 4,487,000,000 | 4,568,000,000 | 4,418,000,000 | 4,059,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
other income | 13,000,000 | 7,000,000 | 7,000,000 | 42,000,000 | 9,000,000 | 13,000,000 | 8,000,000 | 7,000,000 | 12,000,000 | 11,000,000 | 8,000,000 | -13,000,000 | 6,000,000 | -6,000,000 | -1,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | -3,000,000 | 1,000,000 | -1,000,000 | -1,000,000 | -4,000,000 | 9,000,000 | -1,000,000 | -2,000,000 | -2,000,000 | -7,000,000 | 4,000,000 | 2,000,000 | |||||||||||||||||||||||||||
non-service pension and postretirement benefit (costs) credits | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 4,000,000 | 3,000,000 | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of nonconsolidated affiliates, net of tax | 3,000,000 | 10,000,000 | 12,000,000 | 10,000,000 | 10,000,000 | 15,000,000 | 22,000,000 | 21,000,000 | 9,000,000 | 4,000,000 | 13,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
gain on extinguishment of debt | 8,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income - sum | 19,000,000 | 20,000,000 | 22,000,000 | 55,000,000 | 23,000,000 | 31,000,000 | 41,000,000 | 28,000,000 | 39,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
earnings before interest expense, income taxes, and noncontrolling interests | 129,000,000 | 15,000,000 | 77,000,000 | 100,000,000 | 125,000,000 | 127,000,000 | 204,000,000 | 260,000,000 | 236,000,000 | -375,000,000 | -845,000,000 | -144,000,000 | 148,000,000 | 141,000,000 | -24,000,000 | 104,000,000 | 113,000,000 | 117,000,000 | 135,000,000 | 134,000,000 | 27,000,000 | 127,000,000 | 75,000,000 | 152,000,000 | 177,000,000 | 124,000,000 | 128,000,000 | 116,000,000 | 120,000,000 | 156,000,000 | 113,000,000 | 118,000,000 | 72,000,000 | 141,000,000 | 93,000,000 | 84,000,000 | 111,000,000 | 137,000,000 | 96,000,000 | 88,000,000 | 84,000,000 | 113,000,000 | 94,000,000 | ||||||||||||||
interest expense | -90,000,000 | -76,000,000 | -66,000,000 | -69,000,000 | -66,000,000 | -69,000,000 | -70,000,000 | -68,000,000 | -68,000,000 | -66,000,000 | -75,000,000 | -564,000,000 | 79,000,000 | 82,000,000 | 81,000,000 | 21,000,000 | 20,000,000 | 20,000,000 | 19,000,000 | 19,000,000 | 20,000,000 | 15,000,000 | 16,000,000 | 24,000,000 | 34,000,000 | 18,000,000 | 18,000,000 | 16,000,000 | 16,000,000 | 19,000,000 | 19,000,000 | 20,000,000 | 20,000,000 | 20,000,000 | 20,000,000 | 21,000,000 | 21,000,000 | 21,000,000 | 42,000,000 | 27,000,000 | 27,000,000 | 26,000,000 | 28,000,000 | 49,000,000 | 36,000,000 | 32,000,000 | 32,000,000 | 35,000,000 | 35,000,000 | 31,000,000 | 25,000,000 | 30,000,000 | 33,000,000 | 33,000,000 | |||
earnings before income taxes and noncontrolling interests | 39,000,000 | -61,000,000 | 11,000,000 | 31,000,000 | 59,000,000 | 58,000,000 | 134,000,000 | 192,000,000 | 168,000,000 | -441,000,000 | -920,000,000 | -224,000,000 | 69,000,000 | 59,000,000 | -105,000,000 | 83,000,000 | 93,000,000 | 97,000,000 | 116,000,000 | 115,000,000 | 7,000,000 | 112,000,000 | 59,000,000 | 128,000,000 | 143,000,000 | 106,000,000 | 110,000,000 | 100,000,000 | 104,000,000 | 137,000,000 | 94,000,000 | 98,000,000 | 52,000,000 | 121,000,000 | 73,000,000 | 63,000,000 | 90,000,000 | 116,000,000 | 54,000,000 | ||||||||||||||||||
income tax benefit | -67,000,000 | -43,000,000 | -30,000,000 | -60,000,000 | -34,000,000 | -41,000,000 | -47,000,000 | -6,000,000 | -648,000,000 | 101,000,000 | 94,000,000 | 14,000,000 | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
net income | -28,000,000 | -104,000,000 | -19,000,000 | -29,000,000 | 25,000,000 | 17,000,000 | 87,000,000 | 186,000,000 | -480,000,000 | -340,000,000 | -826,000,000 | -238,000,000 | 78,000,000 | 45,000,000 | -105,000,000 | 63,000,000 | 66,000,000 | 72,000,000 | 87,000,000 | 99,000,000 | 15,000,000 | 78,000,000 | 61,000,000 | 197,000,000 | 103,000,000 | 72,000,000 | 83,000,000 | 66,000,000 | 63,000,000 | 91,000,000 | 54,000,000 | 65,000,000 | 22,000,000 | 74,000,000 | 61,000,000 | 41,000,000 | 132,000,000 | 95,000,000 | 36,000,000 | 38,000,000 | 36,000,000 | 57,000,000 | 52,000,000 | -11,000,000 | 16,000,000 | 50,000,000 | 12,000,000 | 26,000,000 | -4,000,000 | -29,000,000 | -47,000,000 | -298,000,000 | -136,000,000 | 13,000,000 | 24,000,000 | ||
yoy | -212.00% | -711.76% | -121.84% | -115.59% | -105.21% | -105.00% | -110.53% | -178.15% | -715.38% | -855.56% | 686.67% | -477.78% | 18.18% | -37.50% | -220.69% | -36.36% | 340.00% | -7.69% | 42.62% | -49.75% | -85.44% | 8.33% | -26.51% | 198.48% | 63.49% | -8.79% | 22.22% | -3.08% | 22.97% | -11.48% | 58.54% | -83.33% | -22.11% | 69.44% | 7.89% | 266.67% | 66.67% | -30.77% | -445.45% | 125.00% | 14.00% | 333.33% | -142.31% | -500.00% | -272.41% | -125.53% | -108.72% | -97.06% | -323.08% | -1341.67% | |||||||
qoq | -73.08% | 447.37% | -34.48% | -216.00% | 47.06% | -80.46% | -53.23% | -138.75% | 41.18% | -58.84% | 247.06% | -405.13% | 73.33% | -142.86% | -266.67% | -4.55% | -8.33% | -17.24% | -12.12% | 560.00% | -80.77% | 27.87% | -69.04% | 91.26% | 43.06% | -13.25% | 25.76% | 4.76% | 68.52% | -16.92% | 195.45% | -70.27% | 21.31% | 48.78% | -68.94% | 38.95% | 163.89% | -5.26% | 5.56% | -36.84% | 9.62% | -572.73% | -168.75% | -68.00% | 316.67% | -53.85% | -750.00% | -86.21% | -38.30% | -84.23% | 119.12% | -1146.15% | |||||
less: net income attributable to noncontrolling interests | 16,000,000 | 17,000,000 | 19,000,000 | 6,000,000 | 10,000,000 | 27,000,000 | 22,000,000 | 19,000,000 | 19,000,000 | 10,000,000 | 13,000,000 | 75,000,000 | 8,000,000 | 19,000,000 | 12,000,000 | 9,000,000 | 16,000,000 | 14,000,000 | 19,000,000 | 16,000,000 | 18,000,000 | 15,000,000 | 21,000,000 | 17,000,000 | 17,000,000 | 15,000,000 | 15,000,000 | 14,000,000 | 14,000,000 | 10,000,000 | 8,000,000 | 11,000,000 | 10,000,000 | 11,000,000 | 7,000,000 | 8,000,000 | 7,000,000 | 8,000,000 | 6,000,000 | 8,000,000 | 6,000,000 | 7,000,000 | 5,000,000 | 7,000,000 | 6,000,000 | 5,000,000 | 9,000,000 | 4,000,000 | 4,000,000 | 2,000,000 | |||||||
net income attributable to tenneco inc. | -44,000,000 | -121,000,000 | -38,000,000 | -35,000,000 | 15,000,000 | -10,000,000 | 65,000,000 | 167,000,000 | -499,000,000 | -350,000,000 | -839,000,000 | -313,000,000 | 70,000,000 | 26,000,000 | -117,000,000 | 54,000,000 | 50,000,000 | 58,000,000 | 68,000,000 | 83,000,000 | -3,000,000 | 63,000,000 | 40,000,000 | 180,000,000 | 86,000,000 | 57,000,000 | 68,000,000 | 52,000,000 | 49,000,000 | 81,000,000 | 46,000,000 | 54,000,000 | 12,000,000 | 63,000,000 | 54,000,000 | 33,000,000 | 125,000,000 | 87,000,000 | 30,000,000 | 30,000,000 | 30,000,000 | 50,000,000 | 47,000,000 | -18,000,000 | 10,000,000 | 50,000,000 | 7,000,000 | -22,500,000 | -8,000,000 | -33,000,000 | -49,000,000 | ||||||
earnings per share | -0.53 | -1.44 | -0.46 | -0.42 | 0.17 | -0.12 | 0.8 | 2.06 | -6.12 | -4.3 | -10.34 | -3.87 | 0.87 | 0.32 | -1.44 | ||||||||||||||||||||||||||||||||||||||||||
basic earnings per share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding | 83.7 | 83.6 | 83.1 | 82.2 | 82,310,645 | 82,251,559 | 81,953,133 | 81,378,474 | 81,456,821 | 81,350,773 | 81,168,562 | 80,904,060 | 80,916,676 | 80,920,825 | 80,874,637 | ||||||||||||||||||||||||||||||||||||||||||
diluted earnings per share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill and intangible impairment charges | 383,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-service pension and other postretirement benefit (costs) credits | 5,000,000 | 18,000,000 | 1,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring charges, asset impairments, and other | 32,000,000 | 43,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill impairment charge | 17,250,000 | 9,000,000 | 60,000,000 | 11,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other expense | -10,750,000 | -27,000,000 | -3,000,000 | -3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
non-service pension and other postretirement benefit costs | 2,000,000 | 2,000,000 | 4,000,000 | 2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in losses of nonconsolidated affiliates, net of tax | -8,500,000 | -1,000,000 | -16,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax expense | 1,250,000 | -9,000,000 | 20,000,000 | 27,000,000 | 25,000,000 | 29,000,000 | 16,000,000 | -8,000,000 | 34,000,000 | -2,000,000 | -69,000,000 | 40,000,000 | 34,000,000 | 27,000,000 | 34,000,000 | 41,000,000 | 46,000,000 | 40,000,000 | 47,000,000 | 12,000,000 | 21,000,000 | 18,000,000 | 23,000,000 | 21,000,000 | 30,000,000 | 14,000,000 | 24,000,000 | 15,000,000 | 15,000,000 | -5,000,000 | 4,000,000 | 11,000,000 | 3,000,000 | 126,000,000 | 131,000,000 | 27,000,000 | 15,000,000 | ||||||||||||||||||||
restructuring charges and asset impairments | 61,000,000 | 24,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in (earnings) losses of nonconsolidated affiliates, net of tax | -17,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization of other intangibles | 65,000,000 | 59,000,000 | 59,000,000 | 59,000,000 | 58,000,000 | 55,000,000 | 52,000,000 | 53,000,000 | 53,000,000 | 52,000,000 | 54,000,000 | 49,000,000 | 53,000,000 | 50,000,000 | 52,000,000 | 51,000,000 | 54,000,000 | 51,000,000 | 50,000,000 | 50,000,000 | 57,000,000 | 49,000,000 | 50,000,000 | 49,000,000 | 51,000,000 | 51,000,000 | 54,000,000 | 51,000,000 | 53,000,000 | 55,000,000 | 21,000,000 | 55,000,000 | 40,500,000 | 55,000,000 | 55,000,000 | 52,000,000 | 42,000,000 | 56,000,000 | 57,000,000 | 47,000,000 | |||||||||||||||||
loss on sale of receivables | 3,000,000 | -2,000,000 | -3,000,000 | -1,000,000 | -2,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -2,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -2,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -3,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -3,000,000 | -3,000,000 | -2,000,000 | -1,000,000 | |||||||||||||||||||
weighted-average shares of common stock outstanding — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 51,272,618 | 51,258,668 | 51,211,643 | 52,796,184 | 52,508,078 | 53,505,341 | 53,856,352 | 55,939,135 | 55,679,969 | 56,873,353 | 57,115,496 | 59,678,309 | 59,587,628 | 61,044,908 | 60,734,022 | 60,736,737 | 60,549,778 | 60,474,492 | 60,624,358 | 60,542,361 | 60,288,997 | 59,985,677 | 59,766,097 | 59,992,055 | 60,196,428 | 59,884,139 | 59,793,866 | 59,980,866 | 59,849,278 | 59,208,103 | 59,235,282 | 58,948,351 | 48,572,463 | 46,742,403 | 46,660,573 | 46,671,289 | 46,406,095 | 46,441,954 | 46,404,077 | ||||||||||||||||||
diluted | 51,401,829 | 51,607,224 | 51,501,643 | 53,026,911 | 52,687,656 | 53,505,341 | 54,231,759 | 56,407,436 | 56,165,709 | 57,331,749 | 57,445,941 | 60,193,150 | 60,020,995 | 61,593,087 | 61,782,508 | 61,661,896 | 61,503,302 | 61,594,062 | 61,865,375 | 61,724,124 | 61,481,835 | 61,083,510 | 60,949,632 | 61,260,871 | 61,736,204 | 61,520,160 | 61,541,476 | 61,813,474 | 62,074,523 | 60,998,694 | 61,079,919 | 60,811,047 | 48,572,463 | 46,742,403 | 46,660,573 | 46,671,289 | 46,406,095 | 46,441,954 | 47,729,214 | ||||||||||||||||||
basic earnings per share of common stock | 1.05 | 0.98 | 1.13 | 1.32 | 1.57 | -0.05 | 1.17 | 0.77 | 3.24 | 1.51 | 1 | 1.17 | 0.89 | 0.81 | 1.34 | 0.76 | 0.9 | 0.19 | 1.04 | 0.9 | 0.54 | 2.09 | 1.45 | 0.5 | 0.5 | 0.51 | 0.84 | 0.78 | -0.32 | 0.17 | 0.11 | -0.483 | -0.17 | -0.72 | -1.05 | -6.42 | -2.92 | 0.26 | 0.56 | ||||||||||||||||||
diluted earnings per share of common stock | 1.05 | 0.98 | 1.13 | 1.31 | 1.57 | -0.05 | 1.16 | 0.77 | 3.21 | 1.49 | 0.99 | 1.17 | 0.88 | 0.8 | 1.32 | 0.75 | 0.88 | 0.19 | 1.02 | 0.88 | 0.55 | 2.05 | 1.42 | 0.49 | 0.49 | 0.49 | 0.81 | 0.75 | -0.31 | 0.17 | 0.11 | -0.483 | -0.17 | -0.72 | -1.05 | -6.42 | -2.92 | 0.26 | 0.53 | ||||||||||||||||||
cash dividends declared per share | 0.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends declared | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other | -1,000,000 | -1,000,000 | -1,000,000 | -500,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
income tax (benefit) expense | 22,250,000 | 30,000,000 | -750,000 | -42,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
income before interest expense, income taxes, and noncontrolling interests | 54,750,000 | 67,000,000 | 59,000,000 | 53,000,000 | 35,000,000 | 17,000,000 | -13,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net sales and operating revenues — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
external | 677,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
affiliated companies | 31,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before interest expense, income taxes, noncontrolling interests, and equity in net income from affiliated companies | 110,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in net income from affiliated companies | -8,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before interest expense, income taxes, and minority interest | -145,000,000 | 28,000,000 | 75,000,000 | 73,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest | 2,000,000 | 3,000,000 | 2,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other loss | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
average shares of common stock outstanding — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 44,496,640 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 47,175,205 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-03-31 | 2014-12-31 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-09-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2006-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 415,000,000 | 389,000,000 | 636,000,000 | 859,000,000 | 589,000,000 | 713,000,000 | 626,000,000 | 798,000,000 | 716,000,000 | 1,362,000,000 | 767,000,000 | 564,000,000 | 389,000,000 | 384,000,000 | 357,000,000 | 202,000,000 | 235,000,000 | 288,000,000 | 315,000,000 | 277,000,000 | 333,000,000 | 341,000,000 | 347,000,000 | 324,000,000 | 311,000,000 | 374,000,000 | 287,000,000 | 220,000,000 | 288,000,000 | 282,000,000 | 260,000,000 | 267,000,000 | 275,000,000 | 276,000,000 | 235,000,000 | 233,000,000 | 223,000,000 | 207,000,000 | 181,000,000 | 193,000,000 | 214,000,000 | 163,000,000 | 161,000,000 | 199,000,000 | 184,000,000 | 193,000,000 | 167,000,000 | 137,000,000 | 111,000,000 | 113,000,000 | 126,000,000 | 127,000,000 | 164,000,000 | 123,000,000 |
restricted cash | 8,000,000 | 6,000,000 | 5,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 9,000,000 | 3,000,000 | 2,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 1,000,000 | 2,000,000 | 2,000,000 | 3,000,000 | 2,000,000 | 2,000,000 | 3,000,000 | 2,000,000 | 2,000,000 | 3,000,000 | 2,000,000 | 1,000,000 | 2,000,000 | 3,000,000 | 5,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 9,000,000 | |||||||||||||||||||
receivables: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
customer notes and accounts | 2,702,000,000 | 2,547,000,000 | 2,503,000,000 | 2,308,000,000 | 2,471,000,000 | 2,636,000,000 | 2,706,000,000 | 2,423,000,000 | 2,675,000,000 | 2,100,000,000 | 2,146,000,000 | 2,438,000,000 | 2,645,000,000 | 2,754,000,000 | 2,738,000,000 | 1,389,000,000 | 1,418,000,000 | 1,499,000,000 | 1,294,000,000 | 1,451,000,000 | 1,482,000,000 | 1,421,000,000 | 1,272,000,000 | 1,276,000,000 | 1,263,000,000 | 1,269,000,000 | 1,102,000,000 | 1,259,000,000 | 1,231,000,000 | 1,064,000,000 | 1,334,000,000 | 1,265,000,000 | 1,041,000,000 | 1,226,000,000 | 1,196,000,000 | 1,129,000,000 | 966,000,000 | 1,098,000,000 | 1,144,000,000 | 1,135,000,000 | 936,000,000 | 1,073,000,000 | 1,091,000,000 | 1,038,000,000 | 929,000,000 | 750,000,000 | 572,000,000 | 669,000,000 | 581,000,000 | 587,000,000 | 529,000,000 | 795,000,000 | 907,000,000 | 636,000,000 |
other | 117,000,000 | 132,000,000 | 133,000,000 | 111,000,000 | 114,000,000 | 111,000,000 | 116,000,000 | 105,000,000 | 108,000,000 | 85,000,000 | 96,000,000 | 100,000,000 | 108,000,000 | 93,000,000 | 105,000,000 | 19,000,000 | 24,000,000 | 25,000,000 | 27,000,000 | 24,000,000 | 19,000,000 | 21,000,000 | 22,000,000 | 22,000,000 | 24,000,000 | 17,000,000 | 10,000,000 | 22,000,000 | 21,000,000 | 24,000,000 | 24,000,000 | 23,000,000 | 19,000,000 | 29,000,000 | 22,000,000 | 24,000,000 | 20,000,000 | 33,000,000 | 37,000,000 | 37,000,000 | 44,000,000 | 44,000,000 | 45,000,000 | 52,000,000 | 40,000,000 | 29,000,000 | 24,000,000 | 49,000,000 | 56,000,000 | 23,000,000 | 45,000,000 | 51,000,000 | 17,000,000 | 23,000,000 |
inventories | 1,948,000,000 | 2,073,000,000 | 2,049,000,000 | 1,846,000,000 | 1,893,000,000 | 1,920,000,000 | 1,830,000,000 | 1,743,000,000 | 1,678,000,000 | 1,656,000,000 | 2,001,000,000 | 1,999,000,000 | 2,137,000,000 | 2,207,000,000 | 2,266,000,000 | 869,000,000 | 730,000,000 | 682,000,000 | 688,000,000 | 656,000,000 | 667,000,000 | 592,000,000 | 428,000,000 | 513,000,000 | ||||||||||||||||||||||||||||||
prepayments and other current assets | 553,000,000 | 625,000,000 | 694,000,000 | 683,000,000 | 744,000,000 | 619,000,000 | 589,000,000 | 619,000,000 | 597,000,000 | 632,000,000 | 623,000,000 | 632,000,000 | 603,000,000 | 550,000,000 | 555,000,000 | |||||||||||||||||||||||||||||||||||||||
total current assets | 5,743,000,000 | 5,772,000,000 | 6,020,000,000 | 5,813,000,000 | 5,817,000,000 | 6,005,000,000 | 5,872,000,000 | 5,693,000,000 | 5,779,000,000 | 5,844,000,000 | 5,636,000,000 | 5,735,000,000 | 5,888,000,000 | 5,994,000,000 | 6,027,000,000 | 2,936,000,000 | 2,925,000,000 | 3,065,000,000 | 2,799,000,000 | 2,961,000,000 | 2,962,000,000 | 2,856,000,000 | 2,602,000,000 | 2,677,000,000 | 2,604,000,000 | 2,662,000,000 | 2,311,000,000 | 2,571,000,000 | 2,614,000,000 | 2,426,000,000 | 2,729,000,000 | 2,628,000,000 | 2,290,000,000 | 2,579,000,000 | 2,447,000,000 | 2,383,000,000 | 2,124,000,000 | 2,273,000,000 | 2,264,000,000 | 2,259,000,000 | 1,979,000,000 | 2,103,000,000 | 2,142,000,000 | 2,129,000,000 | 1,917,000,000 | 1,643,000,000 | 1,393,000,000 | 1,485,000,000 | 1,338,000,000 | 1,313,000,000 | ||||
property, plant, and equipment | 2,557,000,000 | 2,691,000,000 | 2,811,000,000 | 2,885,000,000 | 2,956,000,000 | 2,955,000,000 | 2,968,000,000 | 2,939,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
long-term receivables | 4,000,000 | 4,000,000 | 6,000,000 | 5,000,000 | 9,000,000 | 9,000,000 | 9,000,000 | 8,000,000 | 9,000,000 | 10,000,000 | 8,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 9,000,000 | 12,000,000 | 12,000,000 | 10,000,000 | 9,000,000 | 9,000,000 | 9,000,000 | 9,000,000 | 9,000,000 | 10,000,000 | 11,000,000 | 11,000,000 | 13,000,000 | 14,000,000 | 12,000,000 | 12,000,000 | 14,000,000 | 14,000,000 | 14,000,000 | 8,000,000 | 8,000,000 | 6,000,000 | 4,000,000 | 4,000,000 | 8,000,000 | 9,000,000 | 10,000,000 | 13,000,000 | 12,000,000 | 12,000,000 | 11,000,000 | 9,000,000 | 8,000,000 | 8,000,000 | 9,000,000 | 10,000,000 | 11,000,000 | 14,000,000 | ||
goodwill | 506,000,000 | 506,000,000 | 507,000,000 | 507,000,000 | 508,000,000 | 508,000,000 | 508,000,000 | 508,000,000 | 507,000,000 | 505,000,000 | 505,000,000 | 775,000,000 | 802,000,000 | 799,000,000 | 791,000,000 | 47,000,000 | 47,000,000 | 49,000,000 | 49,000,000 | 59,000,000 | 59,000,000 | 58,000,000 | 57,000,000 | 58,000,000 | 58,000,000 | 59,000,000 | 60,000,000 | 62,000,000 | 63,000,000 | 65,000,000 | 68,000,000 | 69,000,000 | 69,000,000 | 70,000,000 | 70,000,000 | 71,000,000 | 72,000,000 | 73,000,000 | 72,000,000 | 75,000,000 | 74,000,000 | 75,000,000 | 91,000,000 | 90,000,000 | 89,000,000 | 88,000,000 | 89,000,000 | 89,000,000 | 95,000,000 | 91,000,000 | 95,000,000 | 213,000,000 | 209,000,000 | 201,000,000 |
intangibles | 940,000,000 | 980,000,000 | 1,022,000,000 | 1,056,000,000 | 1,090,000,000 | 1,125,000,000 | 1,154,000,000 | 1,194,000,000 | 1,214,000,000 | 1,239,000,000 | 1,264,000,000 | 1,422,000,000 | 1,578,000,000 | 1,649,000,000 | 1,687,000,000 | 20,000,000 | 21,000,000 | 22,000,000 | 22,000,000 | 17,000,000 | 18,000,000 | 18,000,000 | 19,000,000 | 20,000,000 | 21,000,000 | 21,000,000 | 22,000,000 | 23,000,000 | 27,000,000 | 26,000,000 | 28,000,000 | 29,000,000 | 30,000,000 | 31,000,000 | 32,000,000 | 34,000,000 | 35,000,000 | 37,000,000 | 31,000,000 | 32,000,000 | 32,000,000 | 33,000,000 | 34,000,000 | 34,000,000 | 32,000,000 | 32,000,000 | 30,000,000 | 30,000,000 | 25,000,000 | 26,000,000 | 26,000,000 | 26,000,000 | 27,000,000 | 32,000,000 |
investments in nonconsolidated affiliates | 434,000,000 | 469,000,000 | 513,000,000 | 539,000,000 | 545,000,000 | 547,000,000 | 532,000,000 | 581,000,000 | 541,000,000 | 513,000,000 | 509,000,000 | 518,000,000 | 505,000,000 | 531,000,000 | 528,000,000 | |||||||||||||||||||||||||||||||||||||||
deferred income taxes | 241,000,000 | 260,000,000 | 268,000,000 | 266,000,000 | 266,000,000 | 272,000,000 | 282,000,000 | 285,000,000 | 282,000,000 | 818,000,000 | 747,000,000 | 607,000,000 | 570,000,000 | 480,000,000 | 471,000,000 | 227,000,000 | 215,000,000 | 206,000,000 | 204,000,000 | 225,000,000 | 244,000,000 | 184,000,000 | 195,000,000 | 218,000,000 | 204,000,000 | 214,000,000 | 72,000,000 | 78,000,000 | 81,000,000 | 72,000,000 | 71,000,000 | 71,000,000 | 76,000,000 | 72,000,000 | 70,000,000 | 72,000,000 | 70,000,000 | 44,000,000 | 43,000,000 | 40,000,000 | 42,000,000 | 42,000,000 | 39,000,000 | 48,000,000 | 35,000,000 | 35,000,000 | 28,000,000 | 24,000,000 | 21,000,000 | 18,000,000 | 35,000,000 | 47,000,000 | 46,000,000 | |
other assets | 527,000,000 | 537,000,000 | 556,000,000 | 564,000,000 | 496,000,000 | 519,000,000 | 525,000,000 | 526,000,000 | 511,000,000 | 527,000,000 | 543,000,000 | 532,000,000 | 539,000,000 | 560,000,000 | 584,000,000 | |||||||||||||||||||||||||||||||||||||||
total assets | 10,952,000,000 | 11,219,000,000 | 11,703,000,000 | 11,622,000,000 | 11,616,000,000 | 11,941,000,000 | 11,837,000,000 | 11,852,000,000 | 11,811,000,000 | 12,395,000,000 | 12,224,000,000 | 13,226,000,000 | 13,383,000,000 | 13,592,000,000 | 13,616,000,000 | 5,028,000,000 | 5,003,000,000 | 5,166,000,000 | 4,842,000,000 | 4,935,000,000 | 4,881,000,000 | 4,637,000,000 | 4,342,000,000 | 4,406,000,000 | 4,276,000,000 | 4,348,000,000 | 3,967,000,000 | 4,157,000,000 | 4,139,000,000 | 4,010,000,000 | 4,317,000,000 | 4,179,000,000 | 3,830,000,000 | 4,099,000,000 | 3,939,000,000 | 3,878,000,000 | 3,608,000,000 | 3,702,000,000 | 3,627,000,000 | 3,651,000,000 | 3,337,000,000 | 3,436,000,000 | 3,558,000,000 | 3,532,000,000 | 2,939,000,000 | 2,767,000,000 | 2,742,000,000 | |||||||
liabilities and shareholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term debt, including current maturities of long-term debt | 1,427,000,000 | 85,000,000 | 41,000,000 | 57,000,000 | 78,000,000 | 126,000,000 | 124,000,000 | 162,000,000 | 176,000,000 | 222,000,000 | 175,000,000 | 185,000,000 | 161,000,000 | 170,000,000 | 159,000,000 | |||||||||||||||||||||||||||||||||||||||
accounts payable | 3,288,000,000 | 3,225,000,000 | 3,244,000,000 | 2,955,000,000 | 2,877,000,000 | 3,101,000,000 | 3,090,000,000 | 2,917,000,000 | 2,708,000,000 | 1,992,000,000 | 2,443,000,000 | 2,647,000,000 | 2,651,000,000 | 2,725,000,000 | 2,861,000,000 | 1,769,000,000 | 1,813,000,000 | 1,908,000,000 | 1,705,000,000 | 1,601,000,000 | 1,608,000,000 | 1,587,000,000 | 1,496,000,000 | 1,457,000,000 | 1,438,000,000 | 1,462,000,000 | 1,376,000,000 | 1,372,000,000 | 1,359,000,000 | |||||||||||||||||||||||||
accrued compensation and employee benefits | 364,000,000 | 397,000,000 | 445,000,000 | 381,000,000 | 408,000,000 | 456,000,000 | 431,000,000 | 365,000,000 | 370,000,000 | 331,000,000 | 294,000,000 | 325,000,000 | 378,000,000 | 391,000,000 | 363,000,000 | |||||||||||||||||||||||||||||||||||||||
accrued income taxes | 70,000,000 | 52,000,000 | 52,000,000 | 71,000,000 | 65,000,000 | 69,000,000 | 65,000,000 | 54,000,000 | 89,000,000 | 48,000,000 | 96,000,000 | 72,000,000 | 57,000,000 | 30,000,000 | ||||||||||||||||||||||||||||||||||||||||
accrued expenses and other current liabilities | 1,153,000,000 | 1,136,000,000 | 1,102,000,000 | 1,227,000,000 | 1,188,000,000 | 1,061,000,000 | 1,053,000,000 | 1,188,000,000 | 1,178,000,000 | 1,043,000,000 | 968,000,000 | 1,070,000,000 | 1,042,000,000 | 1,024,000,000 | 994,000,000 | |||||||||||||||||||||||||||||||||||||||
total current liabilities | 6,302,000,000 | 4,895,000,000 | 4,884,000,000 | 4,691,000,000 | 4,616,000,000 | 4,813,000,000 | 4,763,000,000 | 4,686,000,000 | 4,521,000,000 | 3,636,000,000 | 3,976,000,000 | 4,299,000,000 | 4,289,000,000 | 4,310,000,000 | 4,407,000,000 | 2,492,000,000 | 2,398,000,000 | 2,444,000,000 | 2,266,000,000 | 2,232,000,000 | 2,294,000,000 | 2,077,000,000 | 1,970,000,000 | 1,945,000,000 | 1,863,000,000 | 1,921,000,000 | 1,794,000,000 | 1,850,000,000 | 1,900,000,000 | 1,799,000,000 | 2,009,000,000 | 1,954,000,000 | 1,838,000,000 | 1,852,000,000 | 1,794,000,000 | 1,690,000,000 | 1,649,000,000 | 1,681,000,000 | 1,724,000,000 | 1,713,000,000 | 1,570,000,000 | 1,622,000,000 | 1,670,000,000 | 1,729,000,000 | 1,552,000,000 | 1,440,000,000 | 1,201,000,000 | 1,252,000,000 | 1,098,000,000 | 1,041,000,000 | ||||
long-term debt | 3,603,000,000 | 4,934,000,000 | 4,976,000,000 | 5,018,000,000 | 5,050,000,000 | 5,081,000,000 | 5,111,000,000 | 5,171,000,000 | 5,596,000,000 | 6,629,000,000 | 5,837,000,000 | 5,371,000,000 | 5,408,000,000 | 5,508,000,000 | 5,417,000,000 | 1,304,000,000 | 1,381,000,000 | 1,420,000,000 | 1,358,000,000 | 1,573,000,000 | 1,490,000,000 | 1,406,000,000 | 1,294,000,000 | 1,310,000,000 | 1,282,000,000 | 1,311,000,000 | 1,124,000,000 | 1,246,000,000 | 1,128,000,000 | 1,069,000,000 | 1,206,000,000 | 1,209,000,000 | 1,019,000,000 | 1,226,000,000 | 1,158,000,000 | 1,252,000,000 | 1,067,000,000 | 1,211,000,000 | 1,234,000,000 | 1,264,000,000 | 1,158,000,000 | 1,234,000,000 | 1,227,000,000 | 1,185,000,000 | 1,227,000,000 | 1,137,000,000 | 1,145,000,000 | 1,395,000,000 | 1,455,000,000 | 1,526,000,000 | 1,402,000,000 | 1,470,000,000 | 1,446,000,000 | 1,349,000,000 |
pension and postretirement benefits | 723,000,000 | 766,000,000 | 803,000,000 | 830,000,000 | 1,028,000,000 | 1,057,000,000 | 1,062,000,000 | 1,101,000,000 | 1,129,000,000 | 1,112,000,000 | 1,109,000,000 | 1,145,000,000 | 1,088,000,000 | 1,129,000,000 | 1,138,000,000 | 258,000,000 | 261,000,000 | 266,000,000 | 268,000,000 | |||||||||||||||||||||||||||||||||||
deferred credits and other liabilities | 436,000,000 | 456,000,000 | 490,000,000 | 491,000,000 | 496,000,000 | 514,000,000 | 511,000,000 | 546,000,000 | 518,000,000 | 502,000,000 | 497,000,000 | 490,000,000 | 518,000,000 | 546,000,000 | 564,000,000 | 160,000,000 | 153,000,000 | 149,000,000 | 155,000,000 | 158,000,000 | 157,000,000 | 121,000,000 | 116,000,000 | 133,000,000 | 193,000,000 | 189,000,000 | 206,000,000 | 212,000,000 | 204,000,000 | 212,000,000 | 204,000,000 | 194,000,000 | 204,000,000 | 199,000,000 | 194,000,000 | 167,000,000 | 152,000,000 | 122,000,000 | 119,000,000 | 127,000,000 | 118,000,000 | 121,000,000 | 121,000,000 | 122,000,000 | 93,000,000 | 85,000,000 | 80,000,000 | 77,000,000 | 71,000,000 | 60,000,000 | 61,000,000 | 108,000,000 | 85,000,000 | 84,000,000 |
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities | 11,160,000,000 | 11,151,000,000 | 11,256,000,000 | 11,135,000,000 | 11,282,000,000 | 11,561,000,000 | 11,541,000,000 | 11,593,000,000 | 11,854,000,000 | 11,967,000,000 | 11,503,000,000 | 11,411,000,000 | 11,407,000,000 | 11,603,000,000 | 11,636,000,000 | 4,225,000,000 | 4,204,000,000 | 4,291,000,000 | 4,058,000,000 | 4,217,000,000 | 4,199,000,000 | 3,870,000,000 | 3,660,000,000 | 3,696,000,000 | 3,652,000,000 | 3,743,000,000 | 3,449,000,000 | 3,638,000,000 | 3,574,000,000 | 3,437,000,000 | 3,670,000,000 | 3,621,000,000 | 3,338,000,000 | 3,660,000,000 | 3,546,000,000 | 3,527,000,000 | 3,302,000,000 | 3,405,000,000 | 3,485,000,000 | 3,531,000,000 | 3,282,000,000 | 3,306,000,000 | 3,373,000,000 | 3,399,000,000 | 3,222,000,000 | 3,048,000,000 | 2,823,000,000 | 3,152,000,000 | 3,030,000,000 | 3,046,000,000 | ||||
redeemable noncontrolling interests | 37,000,000 | 40,000,000 | 90,000,000 | 91,000,000 | 111,000,000 | 108,000,000 | 87,000,000 | 78,000,000 | 63,000,000 | 79,000,000 | 72,000,000 | 196,000,000 | 139,000,000 | 145,000,000 | 153,000,000 | 28,000,000 | 38,000,000 | 50,000,000 | 42,000,000 | 32,000,000 | 25,000,000 | 52,000,000 | 43,000,000 | 35,000,000 | 28,000,000 | 51,000,000 | 43,000,000 | 36,000,000 | 43,000,000 | 35,000,000 | 22,000,000 | 25,000,000 | 20,000,000 | 15,000,000 | 13,000,000 | 17,000,000 | 15,000,000 | 13,000,000 | 9,000,000 | 13,000,000 | 12,000,000 | 10,000,000 | 10,000,000 | 14,000,000 | 10,000,000 | 9,000,000 | 7,000,000 | 5,000,000 | 4,000,000 | 8,000,000 | ||||
tenneco inc. shareholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock - 0.01 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a voting common stock - 0.01 par value... | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
class b non-voting convertible common stock - 0.01 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 4,473,000,000 | 4,469,000,000 | 4,464,000,000 | 4,462,000,000 | 4,458,000,000 | 4,449,000,000 | 4,445,000,000 | 4,442,000,000 | 4,437,000,000 | 4,433,000,000 | 4,427,000,000 | 4,432,000,000 | 4,377,000,000 | 4,371,000,000 | 4,365,000,000 | |||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -1,007,000,000 | -790,000,000 | -591,000,000 | -595,000,000 | -801,000,000 | -729,000,000 | -789,000,000 | -744,000,000 | -854,000,000 | -874,000,000 | -908,000,000 | -711,000,000 | -752,000,000 | -680,000,000 | -658,000,000 | -632,000,000 | -608,000,000 | -519,000,000 | -541,000,000 | -570,000,000 | -601,000,000 | -637,000,000 | -665,000,000 | -650,000,000 | -655,000,000 | -638,000,000 | -665,000,000 | -631,000,000 | -614,000,000 | -545,000,000 | -354,000,000 | -363,000,000 | -360,000,000 | -422,000,000 | -448,000,000 | -430,000,000 | -408,000,000 | -374,000,000 | -391,000,000 | -353,000,000 | -382,000,000 | -265,000,000 | -182,000,000 | -205,000,000 | -240,000,000 | -243,000,000 | -212,000,000 | -228,000,000 | -279,000,000 | -358,000,000 | -318,000,000 | -141,000,000 | -7,000,000 | -230,000,000 |
accumulated deficit | -3,056,000,000 | -3,012,000,000 | -2,891,000,000 | -2,853,000,000 | -2,818,000,000 | -2,833,000,000 | -2,823,000,000 | -2,888,000,000 | -3,055,000,000 | -2,556,000,000 | -2,206,000,000 | -1,367,000,000 | -1,054,000,000 | -1,124,000,000 | -1,150,000,000 | -823,000,000 | ||||||||||||||||||||||||||||||||||||||
shares held as treasury stock - at cost: | -930,000,000 | -930,000,000 | -930,000,000 | -930,000,000 | -930,000,000 | -930,000,000 | -930,000,000 | -930,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
total tenneco inc. shareholders’ equity | -519,000,000 | -262,000,000 | 53,000,000 | 85,000,000 | -90,000,000 | -42,000,000 | -96,000,000 | -119,000,000 | -401,000,000 | 74,000,000 | 384,000,000 | 1,425,000,000 | 1,642,000,000 | 1,638,000,000 | 1,628,000,000 | 737,000,000 | 717,000,000 | 765,000,000 | 696,000,000 | 647,000,000 | 615,000,000 | 656,000,000 | 588,000,000 | 635,000,000 | 541,000,000 | 505,000,000 | 433,000,000 | 447,000,000 | 474,000,000 | 497,000,000 | 589,000,000 | 491,000,000 | 433,000,000 | 380,000,000 | 339,000,000 | 284,000,000 | 246,000,000 | 242,000,000 | 96,000,000 | 62,000,000 | 83,000,000 | 140,000,000 | 76,000,000 | 5,000,000 | -54,000,000 | -21,000,000 | -244,000,000 | -290,000,000 | -337,000,000 | |||||
noncontrolling interests | 274,000,000 | 290,000,000 | 304,000,000 | 311,000,000 | 313,000,000 | 314,000,000 | 305,000,000 | 300,000,000 | 295,000,000 | 275,000,000 | 265,000,000 | 194,000,000 | 195,000,000 | 206,000,000 | 199,000,000 | 38,000,000 | 44,000,000 | 60,000,000 | 46,000,000 | 39,000,000 | 42,000,000 | 59,000,000 | 51,000,000 | 40,000,000 | 55,000,000 | 49,000,000 | 42,000,000 | 36,000,000 | 48,000,000 | 41,000,000 | 36,000,000 | 42,000,000 | 39,000,000 | 44,000,000 | 41,000,000 | 50,000,000 | 45,000,000 | 42,000,000 | 37,000,000 | 45,000,000 | 43,000,000 | 37,000,000 | 35,000,000 | 43,000,000 | 33,000,000 | 31,000,000 | 32,000,000 | 26,000,000 | 23,000,000 | 25,000,000 | ||||
total equity | -245,000,000 | 28,000,000 | 357,000,000 | 396,000,000 | 223,000,000 | 272,000,000 | 209,000,000 | 181,000,000 | -106,000,000 | 349,000,000 | 649,000,000 | 1,619,000,000 | 1,837,000,000 | 1,844,000,000 | 1,827,000,000 | 775,000,000 | 761,000,000 | 825,000,000 | 742,000,000 | 686,000,000 | 657,000,000 | 715,000,000 | 639,000,000 | 675,000,000 | 596,000,000 | 554,000,000 | 475,000,000 | 483,000,000 | 522,000,000 | 538,000,000 | 625,000,000 | 533,000,000 | 472,000,000 | 424,000,000 | 380,000,000 | 334,000,000 | 291,000,000 | 284,000,000 | 133,000,000 | 107,000,000 | 43,000,000 | 120,000,000 | 175,000,000 | 119,000,000 | 38,000,000 | -23,000,000 | 11,000,000 | -218,000,000 | -267,000,000 | -312,000,000 | ||||
total liabilities, redeemable noncontrolling interests, and equity | 10,952,000,000 | 11,219,000,000 | 11,703,000,000 | 11,622,000,000 | 11,616,000,000 | 11,941,000,000 | 11,837,000,000 | 11,852,000,000 | 11,811,000,000 | 13,226,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
property, plant and equipment | 2,872,000,000 | 3,057,000,000 | 3,012,000,000 | 3,627,000,000 | 3,491,000,000 | 3,569,000,000 | 3,519,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
tenneco inc. shareholders’ equity: - sum | 811,000,000 | 529,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock — 0.01 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a voting stock — 0.01 par value... | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
class b non-voting convertible stock — 0.01 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares held as treasury stock — at cost: september 30, 2020 and december 31, 2019 — 14,592,888 | -930,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
shares held as treasury stock — at cost: june 30, 2020 and december 31, 2019 — 14,592,888 | -930,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, redeemable noncontrolling interests and equity | 12,395,000,000 | 12,224,000,000 | 13,383,000,000 | 13,592,000,000 | 13,616,000,000 | 5,028,000,000 | 5,003,000,000 | 5,166,000,000 | 4,842,000,000 | 4,935,000,000 | 4,881,000,000 | 4,637,000,000 | 4,342,000,000 | 4,406,000,000 | 4,276,000,000 | 4,348,000,000 | 3,967,000,000 | 4,157,000,000 | 4,139,000,000 | 4,010,000,000 | 4,317,000,000 | 4,179,000,000 | 3,830,000,000 | 4,099,000,000 | 3,939,000,000 | 3,878,000,000 | 3,608,000,000 | 3,702,000,000 | 3,627,000,000 | 3,651,000,000 | 3,337,000,000 | 3,436,000,000 | 3,558,000,000 | 3,532,000,000 | 3,270,000,000 | 3,034,000,000 | 2,841,000,000 | 2,939,000,000 | 2,767,000,000 | 2,742,000,000 | ||||||||||||||
shares held as treasury stock — at cost: march 31, 2020 and december 31, 2019 — 14,592,888 | -930,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock—0.01 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a voting common stock—0.01 par value... | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
class b non-voting convertible common stock—0.01 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares held as treasury stock—at cost: 2019 and 2018—14,592,888 shares | -930,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
shares held as treasury stock — at cost: september 30, 2019 and december 31, 2018 — 14,592,888 shares | -930,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
shares held as treasury stock — at cost: june 30, 2019 and december 31, 2018 — 14,592,888 shares | -930,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
shares held as treasury stock — at cost: march 31, 2019 and december 31, 2018 — 14,592,888 shares | -930,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables — | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
inventories — | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
finished goods | 372,000,000 | 348,000,000 | 358,000,000 | 335,000,000 | 324,000,000 | 303,000,000 | 275,000,000 | 295,000,000 | 296,000,000 | 264,000,000 | 275,000,000 | 315,000,000 | 295,000,000 | 267,000,000 | 271,000,000 | 271,000,000 | 256,000,000 | 274,000,000 | 287,000,000 | 250,000,000 | 262,000,000 | 266,000,000 | 219,000,000 | 188,000,000 | 173,000,000 | 189,000,000 | 199,000,000 | 231,000,000 | 247,000,000 | 184,000,000 | ||||||||||||||||||||||||
work in process | 307,000,000 | 282,000,000 | 288,000,000 | 289,000,000 | 261,000,000 | 262,000,000 | 270,000,000 | 244,000,000 | 248,000,000 | 253,000,000 | 240,000,000 | 238,000,000 | 233,000,000 | 228,000,000 | 206,000,000 | 228,000,000 | 217,000,000 | 205,000,000 | 208,000,000 | 194,000,000 | 179,000,000 | 192,000,000 | 162,000,000 | 133,000,000 | 136,000,000 | 124,000,000 | 124,000,000 | 188,000,000 | 198,000,000 | 80,000,000 | ||||||||||||||||||||||||
raw materials | 197,000,000 | 190,000,000 | 187,000,000 | 184,000,000 | 159,000,000 | 150,000,000 | 145,000,000 | 138,000,000 | 142,000,000 | 146,000,000 | 146,000,000 | 149,000,000 | 151,000,000 | 148,000,000 | 138,000,000 | 143,000,000 | 147,000,000 | 138,000,000 | 134,000,000 | 131,000,000 | 138,000,000 | 134,000,000 | 126,000,000 | 103,000,000 | 104,000,000 | 96,000,000 | 100,000,000 | 134,000,000 | 128,000,000 | 114,000,000 | ||||||||||||||||||||||||
materials and supplies | 80,000,000 | 78,000,000 | 78,000,000 | 74,000,000 | 71,000,000 | 67,000,000 | 63,000,000 | 61,000,000 | 60,000,000 | 57,000,000 | 56,000,000 | 59,000,000 | 58,000,000 | 56,000,000 | 54,000,000 | 55,000,000 | 52,000,000 | 51,000,000 | 50,000,000 | 46,000,000 | 47,000,000 | 45,000,000 | 42,000,000 | 41,000,000 | 43,000,000 | 43,000,000 | 42,000,000 | 46,000,000 | 48,000,000 | 36,000,000 | ||||||||||||||||||||||||
prepayments and other | 369,000,000 | 348,000,000 | 340,000,000 | 291,000,000 | 325,000,000 | 311,000,000 | 288,000,000 | 229,000,000 | 300,000,000 | 265,000,000 | 254,000,000 | 229,000,000 | 276,000,000 | 279,000,000 | 284,000,000 | 273,000,000 | 259,000,000 | 223,000,000 | 268,000,000 | 248,000,000 | 221,000,000 | 176,000,000 | 193,000,000 | 190,000,000 | 172,000,000 | 153,000,000 | 160,000,000 | 177,000,000 | 164,000,000 | 167,000,000 | 171,000,000 | 167,000,000 | 146,000,000 | 114,000,000 | 104,000,000 | 107,000,000 | 158,000,000 | 167,000,000 | 132,000,000 | |||||||||||||||
other assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
plant, property, and equipment, at cost | 4,068,000,000 | 4,027,000,000 | 4,111,000,000 | 4,008,000,000 | 3,967,000,000 | 3,821,000,000 | 3,651,000,000 | 3,548,000,000 | 3,584,000,000 | 3,498,000,000 | 3,513,000,000 | 3,418,000,000 | 3,439,000,000 | 3,365,000,000 | 3,490,000,000 | 3,617,000,000 | 3,545,000,000 | 3,498,000,000 | 3,423,000,000 | 3,333,000,000 | 3,349,000,000 | 3,365,000,000 | 3,282,000,000 | 3,192,000,000 | 3,234,000,000 | 3,153,000,000 | 3,136,000,000 | 3,282,000,000 | 3,208,000,000 | 3,069,000,000 | 3,060,000,000 | 3,099,000,000 | 3,153,000,000 | 3,040,000,000 | 2,896,000,000 | 2,960,000,000 | 3,053,000,000 | 3,181,000,000 | 2,562,000,000 | |||||||||||||||
less — accumulated depreciation and amortization | -2,436,000,000 | -2,402,000,000 | -2,451,000,000 | -2,393,000,000 | -2,426,000,000 | -2,342,000,000 | -2,246,000,000 | -2,191,000,000 | -2,262,000,000 | -2,219,000,000 | -2,235,000,000 | -2,175,000,000 | -2,206,000,000 | -2,180,000,000 | -2,272,000,000 | -2,386,000,000 | -2,351,000,000 | -2,323,000,000 | -2,290,000,000 | -2,223,000,000 | -2,230,000,000 | -2,243,000,000 | -2,194,000,000 | -2,132,000,000 | -2,157,000,000 | -2,106,000,000 | -2,110,000,000 | -2,199,000,000 | -2,136,000,000 | -2,032,000,000 | -1,997,000,000 | -1,989,000,000 | -2,027,000,000 | -1,923,000,000 | -1,804,000,000 | -1,815,000,000 | -1,869,000,000 | -1,937,000,000 | ||||||||||||||||
short-term debt | 240,000,000 | 78,000,000 | 64,000,000 | 83,000,000 | 108,000,000 | 107,000,000 | 113,000,000 | 90,000,000 | 124,000,000 | 78,000,000 | 97,000,000 | 86,000,000 | 95,000,000 | 132,000,000 | 60,000,000 | 91,000,000 | 106,000,000 | 83,000,000 | 131,000,000 | 120,000,000 | 115,000,000 | 113,000,000 | 134,000,000 | 132,000,000 | 94,000,000 | 66,000,000 | 70,000,000 | 67,000,000 | 146,000,000 | 70,000,000 | 202,000,000 | 75,000,000 | 73,000,000 | 65,000,000 | 61,000,000 | 49,000,000 | 54,000,000 | 46,000,000 | 20,000,000 | |||||||||||||||
accrued taxes | 38,000,000 | 42,000,000 | 43,000,000 | 45,000,000 | 46,000,000 | 53,000,000 | 44,000,000 | 41,000,000 | 47,000,000 | 46,000,000 | 52,000,000 | 37,000,000 | 32,000,000 | 51,000,000 | 40,000,000 | 41,000,000 | 44,000,000 | 40,000,000 | 45,000,000 | 36,000,000 | 39,000,000 | 50,000,000 | 57,000,000 | 58,000,000 | 43,000,000 | 44,000,000 | 46,000,000 | 55,000,000 | 59,000,000 | 49,000,000 | 41,000,000 | 36,000,000 | 47,000,000 | 47,000,000 | 29,000,000 | 30,000,000 | 38,000,000 | 50,000,000 | 50,000,000 | |||||||||||||||
accrued interest | 10,000,000 | 14,000,000 | 10,000,000 | 14,000,000 | 10,000,000 | 13,000,000 | 10,000,000 | 15,000,000 | 13,000,000 | 4,000,000 | 16,000,000 | 4,000,000 | 16,000,000 | 16,000,000 | 3,000,000 | 10,000,000 | 14,000,000 | 10,000,000 | 14,000,000 | 9,000,000 | 14,000,000 | 10,000,000 | 14,000,000 | 10,000,000 | 14,000,000 | 13,000,000 | 23,000,000 | 13,000,000 | 22,000,000 | 30,000,000 | 31,000,000 | 22,000,000 | 31,000,000 | 23,000,000 | 32,000,000 | 22,000,000 | 30,000,000 | 21,000,000 | 39,000,000 | |||||||||||||||
accrued liabilities | 299,000,000 | 326,000,000 | 293,000,000 | 287,000,000 | 327,000,000 | 331,000,000 | 284,000,000 | 285,000,000 | 263,000,000 | 264,000,000 | 253,000,000 | 250,000,000 | 272,000,000 | 251,000,000 | 258,000,000 | 280,000,000 | 265,000,000 | 252,000,000 | 270,000,000 | 246,000,000 | 238,000,000 | 239,000,000 | 245,000,000 | 252,000,000 | 250,000,000 | 226,000,000 | 246,000,000 | 265,000,000 | 240,000,000 | 270,000,000 | 256,000,000 | 257,000,000 | 233,000,000 | 221,000,000 | 205,000,000 | 201,000,000 | 223,000,000 | 245,000,000 | 207,000,000 | |||||||||||||||
common stock | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | ||||||||||||||||||||||
premium on common stock and other capital surplus | 3,121,000,000 | 3,118,000,000 | 3,115,000,000 | 3,112,000,000 | 3,109,000,000 | 3,106,000,000 | 3,104,000,000 | 3,098,000,000 | 3,091,000,000 | 3,093,000,000 | 3,085,000,000 | 3,081,000,000 | 3,074,000,000 | 3,067,000,000 | 3,059,000,000 | 3,037,000,000 | 3,029,000,000 | 3,014,000,000 | 3,070,000,000 | 3,049,000,000 | 3,037,000,000 | 3,031,000,000 | 3,026,000,000 | 3,022,000,000 | 3,019,000,000 | 3,016,000,000 | 3,012,000,000 | 3,011,000,000 | 3,009,000,000 | 3,002,000,000 | 2,996,000,000 | 3,005,000,000 | 2,816,000,000 | 2,813,000,000 | 2,812,000,000 | 2,809,000,000 | 2,807,000,000 | 2,805,000,000 | 2,784,000,000 | |||||||||||||||
less — shares held as treasury stock, at cost | 930,000,000 | 930,000,000 | 930,000,000 | 930,000,000 | 892,000,000 | 821,000,000 | 777,000,000 | 761,000,000 | 682,000,000 | 593,000,000 | 552,000,000 | 536,000,000 | 481,000,000 | 334,000,000 | 323,000,000 | 301,000,000 | 301,000,000 | 301,000,000 | 294,000,000 | 276,000,000 | 274,000,000 | 274,000,000 | 274,000,000 | 274,000,000 | 256,000,000 | 256,000,000 | 256,000,000 | 251,000,000 | 240,000,000 | 240,000,000 | 240,000,000 | 240,000,000 | 240,000,000 | 240,000,000 | 240,000,000 | 240,000,000 | 240,000,000 | 240,000,000 | ||||||||||||||||
retained earnings | -864,000,000 | -902,000,000 | -946,000,000 | -1,001,000,000 | -1,070,000,000 | -1,035,000,000 | -1,085,000,000 | -1,125,000,000 | -1,305,000,000 | -1,391,000,000 | -1,448,000,000 | -1,516,000,000 | -1,646,000,000 | -1,695,000,000 | -1,794,000,000 | -1,875,000,000 | -1,921,000,000 | -1,975,000,000 | -1,987,000,000 | -2,050,000,000 | -2,104,000,000 | -2,137,000,000 | -2,262,000,000 | -2,349,000,000 | -2,379,000,000 | -2,409,000,000 | -2,439,000,000 | -2,489,000,000 | -2,518,000,000 | -2,568,000,000 | -2,575,000,000 | -2,592,000,000 | -2,584,000,000 | -2,551,000,000 | -2,502,000,000 | -2,204,000,000 | -2,068,000,000 | -2,095,000,000 | ||||||||||||||||
postretirement benefits | 248,000,000 | 251,000,000 | 259,000,000 | 273,000,000 | 300,000,000 | 305,000,000 | 313,000,000 | 318,000,000 | 314,000,000 | 324,000,000 | 339,000,000 | 222,000,000 | 235,000,000 | 249,000,000 | 358,000,000 | 374,000,000 | 389,000,000 | 407,000,000 | 350,000,000 | 364,000,000 | 377,000,000 | 385,000,000 | 279,000,000 | 297,000,000 | 306,000,000 | 297,000,000 | 326,000,000 | 331,000,000 | 366,000,000 | 373,000,000 | 368,000,000 | 377,000,000 | 279,000,000 | 285,000,000 | 294,000,000 | |||||||||||||||||||
trade payables | 1,364,000,000 | 1,391,000,000 | 1,494,000,000 | 1,430,000,000 | 1,288,000,000 | 1,339,000,000 | 1,245,000,000 | 1,186,000,000 | 1,188,000,000 | 1,231,000,000 | 1,270,000,000 | 1,171,000,000 | 1,181,000,000 | 1,208,000,000 | 1,205,000,000 | 1,070,000,000 | 874,000,000 | 766,000,000 | 822,000,000 | 701,000,000 | 663,000,000 | 790,000,000 | 1,012,000,000 | 1,074,000,000 | 769,000,000 | |||||||||||||||||||||||||||||
minority interest | 31,000,000 | 35,000,000 | 33,000,000 | 26,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term notes receivable | 13,000,000 | 24,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables— | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
inventories— | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
less—reserves for depreciation and amortization | -1,478,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
less—shares held as treasury stock, at cost | 240,000,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2015-03-31 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2010-12-31 | 2010-06-30 | 2009-12-31 | 2009-03-31 | 2008-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities | |||||||||||||||||||||||||||||||||||||||
net income | -28,000,000 | -104,000,000 | -19,000,000 | -29,000,000 | 25,000,000 | 17,000,000 | 87,000,000 | 186,000,000 | -480,000,000 | -340,000,000 | -826,000,000 | -238,000,000 | 78,000,000 | 45,000,000 | -105,000,000 | -3,000,000 | -6,000,000 | 72,000,000 | -63,000,000 | 78,000,000 | 236,000,000 | 94,000,000 | 63,000,000 | 37,000,000 | 54,000,000 | 200,000,000 | -52,000,000 | 13,000,000 | 61,000,000 | 172,000,000 | 37,000,000 | 59,000,000 | 36,000,000 | 147,000,000 | 47,000,000 | -50,000,000 | -47,000,000 | -279,000,000 | |
adjustments to reconcile net income to cash (used) provided by operating activities: | |||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 140,000,000 | 143,000,000 | 146,000,000 | 146,000,000 | 147,000,000 | 145,000,000 | 155,000,000 | 158,000,000 | 151,000,000 | 159,000,000 | 171,000,000 | 170,000,000 | 165,000,000 | 169,000,000 | 169,000,000 | ||||||||||||||||||||||||
deferred income taxes | 5,000,000 | -4,000,000 | -3,000,000 | 4,000,000 | -4,000,000 | 16,000,000 | -4,000,000 | -1,000,000 | 544,000,000 | -76,000,000 | -166,000,000 | -36,000,000 | -101,000,000 | -6,000,000 | -8,000,000 | -5,000,000 | -7,000,000 | -1,000,000 | -15,000,000 | 8,000,000 | 7,000,000 | -96,000,000 | -6,000,000 | -5,000,000 | 2,000,000 | 15,000,000 | -31,000,000 | 26,000,000 | -5,000,000 | 22,000,000 | -85,000,000 | 3,000,000 | -5,000,000 | -7,000,000 | 10,000,000 | -17,000,000 | 1,000,000 | 102,000,000 | |
stock-based compensation | 5,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 9,000,000 | 4,000,000 | 5,000,000 | 5,000,000 | 4,000,000 | 7,000,000 | 2,000,000 | 5,000,000 | 7,000,000 | 6,000,000 | 7,000,000 | 3,000,000 | -3,000,000 | 5,000,000 | -7,000,000 | 9,000,000 | 11,000,000 | 0 | 6,000,000 | -2,000,000 | 5,000,000 | 10,000,000 | 1,000,000 | -3,000,000 | 5,000,000 | 9,000,000 | -1,000,000 | -1,000,000 | 4,000,000 | 6,000,000 | 7,000,000 | 6,000,000 | 2,000,000 | 8,000,000 | |
restructuring charges and asset impairments, net of cash paid | -4,000,000 | 22,000,000 | -5,000,000 | 3,000,000 | -20,000,000 | -29,000,000 | -11,000,000 | 86,000,000 | 454,000,000 | 28,000,000 | -14,000,000 | ||||||||||||||||||||||||||||
change in pension and other postretirement benefit plans | -8,000,000 | -8,000,000 | -13,000,000 | -11,000,000 | -10,000,000 | -1,000,000 | -23,000,000 | -7,000,000 | -19,000,000 | -17,000,000 | -15,000,000 | -17,000,000 | |||||||||||||||||||||||||||
equity in earnings of nonconsolidated affiliates | -3,000,000 | -10,000,000 | -12,000,000 | -10,000,000 | -10,000,000 | -15,000,000 | -22,000,000 | -21,000,000 | -9,000,000 | -4,000,000 | -13,000,000 | -9,000,000 | -1,000,000 | -17,000,000 | -16,000,000 | ||||||||||||||||||||||||
cash dividends received from nonconsolidated affiliates | 11,000,000 | 12,000,000 | 32,000,000 | 6,000,000 | 0 | 1,000,000 | 57,000,000 | 5,000,000 | 0 | 5,000,000 | 13,000,000 | 8,000,000 | 18,000,000 | 12,000,000 | 15,000,000 | ||||||||||||||||||||||||
loss on sale of assets and other | 6,000,000 | 9,000,000 | -19,000,000 | -1,000,000 | 15,000,000 | 2,000,000 | -9,000,000 | ||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||
receivables | -349,000,000 | -251,000,000 | -320,000,000 | 43,000,000 | 30,000,000 | -29,000,000 | -452,000,000 | 247,000,000 | -603,000,000 | 35,000,000 | 139,000,000 | 232,000,000 | -56,000,000 | -89,000,000 | -312,000,000 | ||||||||||||||||||||||||
inventories | 56,000,000 | -80,000,000 | -213,000,000 | 32,000,000 | -1,000,000 | -73,000,000 | -120,000,000 | -24,000,000 | 11,000,000 | 365,000,000 | -73,000,000 | 172,000,000 | 11,000,000 | 90,000,000 | 11,000,000 | ||||||||||||||||||||||||
payables and accrued expenses | 156,000,000 | 70,000,000 | 325,000,000 | 221,000,000 | -238,000,000 | 9,000,000 | 240,000,000 | 66,000,000 | 782,000,000 | -404,000,000 | -136,000,000 | -165,000,000 | 51,000,000 | -109,000,000 | 157,000,000 | ||||||||||||||||||||||||
accrued interest and accrued income taxes | 15,000,000 | 6,000,000 | -22,000,000 | 3,000,000 | -10,000,000 | 26,000,000 | 8,000,000 | -35,000,000 | 40,000,000 | -46,000,000 | 29,000,000 | 54,000,000 | |||||||||||||||||||||||||||
other assets and liabilities | 53,000,000 | 8,000,000 | 30,000,000 | -154,000,000 | 20,000,000 | -23,000,000 | 6,000,000 | -19,000,000 | 78,000,000 | 42,000,000 | -110,000,000 | 63,000,000 | -53,000,000 | -35,000,000 | -59,000,000 | ||||||||||||||||||||||||
net cash (used) provided by operating activities | 55,000,000 | -181,000,000 | -87,000,000 | 258,000,000 | -48,000,000 | 73,000,000 | -50,000,000 | 474,000,000 | 486,000,000 | -179,000,000 | -152,000,000 | ||||||||||||||||||||||||||||
investing activities | |||||||||||||||||||||||||||||||||||||||
proceeds from sale of assets | 1,000,000 | 7,000,000 | 5,000,000 | 16,000,000 | 27,000,000 | 5,000,000 | 7,000,000 | 37,000,000 | 3,000,000 | 3,000,000 | 2,000,000 | 12,000,000 | 3,000,000 | 4,000,000 | 1,000,000 | -2,000,000 | 1,000,000 | 2,000,000 | 0 | 3,000,000 | 5,000,000 | -1,000,000 | |||||||||||||||||
net proceeds from sale of business | 1,000,000 | 1,000,000 | 1,000,000 | 0 | 0 | 0 | 1,000,000 | 6,000,000 | 0 | 0 | 0 | 22,000,000 | |||||||||||||||||||||||||||
proceeds from sale of investment in nonconsolidated affiliates | 4,000,000 | 2,000,000 | 3,000,000 | ||||||||||||||||||||||||||||||||||||
cash payments for property, plant and equipment | -82,000,000 | -78,000,000 | -93,000,000 | ||||||||||||||||||||||||||||||||||||
proceeds from deferred purchase price of factored receivables | 98,000,000 | 113,000,000 | 99,000,000 | 116,000,000 | 102,000,000 | 139,000,000 | 115,000,000 | 107,000,000 | 85,000,000 | 35,000,000 | 56,000,000 | 47,000,000 | 56,000,000 | 87,000,000 | 60,000,000 | 4,000,000 | -2,000,000 | 34,000,000 | |||||||||||||||||||||
other | 0 | 0 | -1,000,000 | 2,000,000 | -1,000,000 | 2,000,000 | -3,000,000 | 2,000,000 | 0 | 1,000,000 | 0 | 1,000,000 | -2,000,000 | -5,000,000 | 3,000,000 | 4,000,000 | -2,000,000 | -1,000,000 | 4,000,000 | 1,000,000 | 1,000,000 | 5,000,000 | -2,000,000 | 4,000,000 | 4,000,000 | 6,000,000 | 3,000,000 | 14,000,000 | |||||||||||
net cash (used) provided by investing activities | 22,000,000 | 44,000,000 | 11,000,000 | 60,000,000 | 31,000,000 | 57,000,000 | 28,000,000 | 61,000,000 | -3,000,000 | -38,000,000 | -77,000,000 | ||||||||||||||||||||||||||||
financing activities | |||||||||||||||||||||||||||||||||||||||
proceeds from term loans and notes | 35,000,000 | 18,000,000 | 4,000,000 | 3,000,000 | -2,000,000 | 25,000,000 | 813,000,000 | 511,000,000 | 47,000,000 | 29,000,000 | 67,000,000 | 29,000,000 | 60,000,000 | 83,000,000 | 28,000,000 | ||||||||||||||||||||||||
repayments and extinguishment costs of term loans and notes | -54,000,000 | -55,000,000 | -68,000,000 | -62,000,000 | |||||||||||||||||||||||||||||||||||
borrowings on revolving lines of credit | 2,203,000,000 | 2,435,000,000 | 1,583,000,000 | 1,732,000,000 | 1,896,000,000 | 1,494,000,000 | 1,382,000,000 | 1,268,000,000 | 31,000,000 | 1,660,000,000 | 3,161,000,000 | 2,316,000,000 | 2,279,000,000 | 2,406,000,000 | 2,119,000,000 | ||||||||||||||||||||||||
payments on revolving lines of credit | -2,170,000,000 | -2,406,000,000 | -1,584,000,000 | -1,751,000,000 | -1,903,000,000 | -1,477,000,000 | -1,394,000,000 | -1,690,000,000 | -1,111,000,000 | -877,000,000 | -2,659,000,000 | -2,336,000,000 | -2,294,000,000 | -2,273,000,000 | -1,981,000,000 | ||||||||||||||||||||||||
debt issuance costs of long-term debt | -3,000,000 | -1,000,000 | -1,000,000 | -11,000,000 | -9,000,000 | 0 | -8,000,000 | -8,000,000 | |||||||||||||||||||||||||||||||
distributions to noncontrolling interest partners | -10,000,000 | -10,000,000 | -24,000,000 | -4,000,000 | -1,000,000 | -7,000,000 | -24,000,000 | -16,000,000 | 0 | -2,000,000 | -23,000,000 | 0 | -19,000,000 | -1,000,000 | 12,000,000 | -1,000,000 | 17,000,000 | 9,000,000 | |||||||||||||||||||||
payment for redeemable noncontrolling interest redemption | 0 | ||||||||||||||||||||||||||||||||||||||
collections (payments) on securitization programs, net and other | 8,000,000 | ||||||||||||||||||||||||||||||||||||||
net cash (used) provided by financing activities | 12,000,000 | -67,000,000 | -137,000,000 | -49,000,000 | -91,000,000 | -59,000,000 | -130,000,000 | -494,000,000 | -1,151,000,000 | 804,000,000 | 483,000,000 | ||||||||||||||||||||||||||||
effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash | -61,000,000 | -42,000,000 | -11,000,000 | 1,000,000 | -16,000,000 | 17,000,000 | -20,000,000 | 41,000,000 | 18,000,000 | ||||||||||||||||||||||||||||||
increase in cash, cash equivalents, and restricted cash | 28,000,000 | -246,000,000 | -224,000,000 | 270,000,000 | -124,000,000 | 88,000,000 | -172,000,000 | 82,000,000 | -650,000,000 | ||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, beginning of period | 0 | 0 | 865,000,000 | 0 | 0 | 0 | 803,000,000 | 0 | 0 | ||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, end of period | 28,000,000 | -246,000,000 | 641,000,000 | 270,000,000 | -124,000,000 | 88,000,000 | 631,000,000 | 82,000,000 | -650,000,000 | ||||||||||||||||||||||||||||||
supplemental cash flow information | |||||||||||||||||||||||||||||||||||||||
cash paid during the period for interest | 78,000,000 | 58,000,000 | 56,000,000 | 62,000,000 | 35,000,000 | 65,000,000 | 65,000,000 | 56,000,000 | 67,000,000 | 85,000,000 | 71,000,000 | 74,000,000 | 8,000,000 | -6,000,000 | 23,000,000 | -6,000,000 | 22,000,000 | -28,000,000 | 4,000,000 | 10,000,000 | 14,000,000 | -7,000,000 | 7,000,000 | 16,000,000 | -8,000,000 | -11,000,000 | 35,000,000 | 22,000,000 | |||||||||||
cash paid during the period for income taxes, net of refunds | 41,000,000 | 64,000,000 | 67,000,000 | 42,000,000 | 16,000,000 | 46,000,000 | 39,000,000 | 34,000,000 | 41,000,000 | 39,000,000 | 57,000,000 | 43,000,000 | |||||||||||||||||||||||||||
lease assets obtained in exchange for new operating lease liabilities | 32,000,000 | 10,000,000 | 19,000,000 | 9,000,000 | 11,000,000 | 15,000,000 | 7,000,000 | 3,000,000 | 51,000,000 | ||||||||||||||||||||||||||||||
non-cash inventory charges due to aftermarket product line exit | 0 | ||||||||||||||||||||||||||||||||||||||
non-cash investing activities | |||||||||||||||||||||||||||||||||||||||
period end balance of accounts payable for property, plant, and equipment | 1,000,000 | 2,000,000 | 78,000,000 | -13,000,000 | -5,000,000 | 91,000,000 | -7,000,000 | -10,000,000 | 96,000,000 | 2,000,000 | 15,000,000 | 101,000,000 | |||||||||||||||||||||||||||
deferred purchase price of receivables factored in the period | 88,000,000 | 110,000,000 | 121,000,000 | 95,000,000 | 102,000,000 | 131,000,000 | 135,000,000 | 102,000,000 | 35,000,000 | 60,000,000 | 156,000,000 | -6,000,000 | 58,000,000 | 0 | -3,000,000 | 37,000,000 | |||||||||||||||||||||||
goodwill and intangible impairment charges | 0 | 0 | 0 | 383,000,000 | |||||||||||||||||||||||||||||||||||
change in pension and postretirement benefit plans | |||||||||||||||||||||||||||||||||||||||
acquisitions, net of cash acquired | |||||||||||||||||||||||||||||||||||||||
collection of divestiture receivable | |||||||||||||||||||||||||||||||||||||||
cash dividends | 0 | 0 | 0 | -20,000,000 | -2,000,000 | 1,000,000 | -13,000,000 | 0 | -13,000,000 | ||||||||||||||||||||||||||||||
net decrease in bank overdrafts | |||||||||||||||||||||||||||||||||||||||
acquisition of additional ownership interest in consolidated affiliates | |||||||||||||||||||||||||||||||||||||||
distributions to noncontrolling interests | |||||||||||||||||||||||||||||||||||||||
cash paid during the year for interest | |||||||||||||||||||||||||||||||||||||||
cash paid during the year for income taxes, net of refunds | |||||||||||||||||||||||||||||||||||||||
non-cash inventory charge due to aftermarket product line exit | 0 | 0 | 0 | -9,000,000 | |||||||||||||||||||||||||||||||||||
period end balance of accounts payable for property, plant and equipment | |||||||||||||||||||||||||||||||||||||||
increase in assets from redeemable noncontrolling interest transaction with owner | |||||||||||||||||||||||||||||||||||||||
cash payments for property, plant, and equipment | -101,000,000 | -90,000,000 | -95,000,000 | -96,000,000 | -75,000,000 | -137,000,000 | -162,000,000 | -169,000,000 | -210,000,000 | ||||||||||||||||||||||||||||||
issuance (repurchase) of common shares | 0 | 0 | -2,000,000 | 0 | 0 | -1,000,000 | 0 | 0 | -2,000,000 | 3,000,000 | -2,000,000 | ||||||||||||||||||||||||||||
net increase in bank overdrafts | -50,000,000 | 61,000,000 | -2,000,000 | -4,000,000 | -7,000,000 | -1,000,000 | -4,000,000 | -15,000,000 | 3,000,000 | 1,000,000 | |||||||||||||||||||||||||||||
reduction in assets from redeemable noncontrolling interest transaction with owner | 0 | 0 | 53,000,000 | ||||||||||||||||||||||||||||||||||||
repayments of term loans and notes | -77,000,000 | -862,000,000 | -569,000,000 | -63,000,000 | -49,000,000 | -84,000,000 | -63,000,000 | -88,000,000 | -126,000,000 | -64,000,000 | |||||||||||||||||||||||||||||
payments on securitization programs and other | |||||||||||||||||||||||||||||||||||||||
repurchase of common shares | -2,000,000 | -3,000,000 | |||||||||||||||||||||||||||||||||||||
period end balance of trade payables for property, plant and equipment | |||||||||||||||||||||||||||||||||||||||
deferred purchase price of receivables factored in the period in investing | |||||||||||||||||||||||||||||||||||||||
stock issued for acquisition of federal-mogul | |||||||||||||||||||||||||||||||||||||||
stock transferred for acquisition of federal-mogul | |||||||||||||||||||||||||||||||||||||||
loss on sale of assets | 0 | 1,000,000 | -1,000,000 | 3,000,000 | 1,000,000 | 3,000,000 | 0 | 0 | 1,000,000 | 2,000,000 | -3,000,000 | 3,000,000 | 0 | 0 | 1,000,000 | 2,000,000 | 7,000,000 | 2,000,000 | 8,000,000 | ||||||||||||||||||||
other losses | |||||||||||||||||||||||||||||||||||||||
effect of foreign exchange rate changes on cash, cash equivalents and restricted cash | -50,000,000 | -9,000,000 | -8,000,000 | 19,000,000 | 10,000,000 | -17,000,000 | 3,000,000 | ||||||||||||||||||||||||||||||||
increase in cash, cash equivalents and restricted cash | 204,000,000 | ||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, beginning of period | 566,000,000 | 0 | 0 | 702,000,000 | -53,000,000 | ||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, end of period | 770,000,000 | 5,000,000 | 27,000,000 | 363,000,000 | -34,000,000 | ||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to cash provided (used) by operating activities: | |||||||||||||||||||||||||||||||||||||||
goodwill and intangible impairment charge | |||||||||||||||||||||||||||||||||||||||
accrued interest and income taxes | -38,000,000 | ||||||||||||||||||||||||||||||||||||||
net cash provided (used) by operating activities | 380,000,000 | 164,000,000 | 50,000,000 | -150,000,000 | -91,000,000 | ||||||||||||||||||||||||||||||||||
cash payments for plant, property, and equipment | 2,000,000 | 4,000,000 | -84,000,000 | 13,000,000 | -103,000,000 | -251,000,000 | -3,000,000 | -77,000,000 | -1,000,000 | -83,000,000 | -190,000,000 | 0 | 16,000,000 | -70,000,000 | -186,000,000 | -10,000,000 | 5,000,000 | -65,000,000 | -163,000,000 | -118,000,000 | -14,000,000 | -100,000,000 | -36,000,000 | -168,000,000 | |||||||||||||||
net cash provided (used) by investing activities | |||||||||||||||||||||||||||||||||||||||
debt issuance cost of long-term debt | 11,000,000 | -12,000,000 | -8,000,000 | ||||||||||||||||||||||||||||||||||||
purchase of common stock under the share repurchase program | -28,000,000 | -16,000,000 | -136,000,000 | -48,000,000 | -11,000,000 | -9,000,000 | -16,000,000 | -11,000,000 | |||||||||||||||||||||||||||||||
net cash provided (used) by financing activities | -90,000,000 | -48,000,000 | 66,000,000 | 75,000,000 | -40,000,000 | 61,000,000 | -269,000,000 | 229,000,000 | 94,000,000 | 2,000,000 | -74,000,000 | 111,000,000 | -39,000,000 | ||||||||||||||||||||||||||
non-cash investing and financing activities | |||||||||||||||||||||||||||||||||||||||
period end balance of trade payables for plant, property, and equipment | -1,000,000 | 55,000,000 | 1,000,000 | 50,000,000 | 16,000,000 | 34,000,000 | -1,000,000 | 40,000,000 | 3,000,000 | -7,000,000 | 31,000,000 | 17,000,000 | -5,000,000 | 12,000,000 | |||||||||||||||||||||||||
redeemable noncontrolling interest transaction with owner | |||||||||||||||||||||||||||||||||||||||
goodwill impairment charge | 9,000,000 | 0 | 60,000,000 | 0 | |||||||||||||||||||||||||||||||||||
restructuring charges, asset impairments, and other, net of cash paid | |||||||||||||||||||||||||||||||||||||||
acquisition of business, net of cash acquired | 0 | 0 | -158,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||
net cash used by investing activities | -102,000,000 | -81,000,000 | -283,000,000 | 0 | 5,000,000 | -53,000,000 | 20,000,000 | -107,000,000 | -262,000,000 | -5,000,000 | -78,000,000 | -83,000,000 | -194,000,000 | -16,000,000 | 5,000,000 | -68,000,000 | -170,000,000 | -122,000,000 | -18,000,000 | -100,000,000 | -35,000,000 | -198,000,000 | |||||||||||||||||
net increase in short-term borrowings secured by accounts receivable | 160,000,000 | 40,000,000 | -30,000,000 | 20,000,000 | 80,000,000 | 20,000,000 | 0 | 30,000,000 | |||||||||||||||||||||||||||||||
decrease in cash, cash equivalents and restricted cash | 5,000,000 | 27,000,000 | -339,000,000 | 19,000,000 | -25,000,000 | -28,000,000 | |||||||||||||||||||||||||||||||||
gain on sale of assets | |||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to cash (used) provided by operating activities — | |||||||||||||||||||||||||||||||||||||||
depreciation and amortization of other intangibles | 6,000,000 | 0 | 59,000,000 | 3,000,000 | 52,000,000 | 159,000,000 | 1,000,000 | 50,000,000 | 1,000,000 | 51,000,000 | 154,000,000 | 1,000,000 | 0 | 50,000,000 | 156,000,000 | -1,000,000 | 1,000,000 | 49,000,000 | 156,000,000 | 161,000,000 | 166,000,000 | 52,000,000 | 166,000,000 | ||||||||||||||||
changes in components of working capital — | |||||||||||||||||||||||||||||||||||||||
increase in receivables | -13,000,000 | 207,000,000 | -223,000,000 | 98,000,000 | -137,000,000 | -205,000,000 | 9,000,000 | -194,000,000 | 165,000,000 | -234,000,000 | -61,000,000 | 50,000,000 | -64,000,000 | 86,000,000 | 150,000,000 | -181,000,000 | -159,000,000 | -150,000,000 | 59,000,000 | -54,000,000 | 92,000,000 | ||||||||||||||||||
increase in inventories | -46,000,000 | 15,000,000 | -34,000,000 | 30,000,000 | -45,000,000 | -45,000,000 | -14,000,000 | -59,000,000 | 58,000,000 | -81,000,000 | 24,000,000 | -43,000,000 | -74,000,000 | 9,000,000 | 69,000,000 | -76,000,000 | -39,000,000 | -70,000,000 | 92,000,000 | 34,000,000 | 23,000,000 | ||||||||||||||||||
increase in prepayments and other current assets | 4,000,000 | 20,000,000 | -45,000,000 | 46,000,000 | -57,000,000 | 26,000,000 | -18,000,000 | -7,000,000 | 24,000,000 | -38,000,000 | -37,000,000 | 16,000,000 | -20,000,000 | -16,000,000 | -19,000,000 | 23,000,000 | -25,000,000 | -1,000,000 | 4,000,000 | ||||||||||||||||||||
increase in accounts payable | |||||||||||||||||||||||||||||||||||||||
increase in accrued taxes | -3,000,000 | -44,000,000 | 3,000,000 | 3,000,000 | 7,000,000 | 12,000,000 | -10,000,000 | 5,000,000 | -18,000,000 | 16,000,000 | -3,000,000 | -5,000,000 | -12,000,000 | 2,000,000 | 16,000,000 | 1,000,000 | 0 | 0 | 9,000,000 | -3,000,000 | 21,000,000 | ||||||||||||||||||
decrease in accrued interest | |||||||||||||||||||||||||||||||||||||||
increase in other current liabilities | -52,000,000 | 36,000,000 | -3,000,000 | 168,000,000 | -8,000,000 | 16,000,000 | -2,000,000 | -2,000,000 | 13,000,000 | -15,000,000 | 64,000,000 | 23,000,000 | -8,000,000 | -11,000,000 | 13,000,000 | -5,000,000 | 5,000,000 | 7,000,000 | -3,000,000 | ||||||||||||||||||||
changes in long-term assets | 1,000,000 | 4,000,000 | -9,000,000 | 2,000,000 | -1,000,000 | 0 | 2,000,000 | 1,000,000 | 3,000,000 | 6,000,000 | |||||||||||||||||||||||||||||
changes in long-term liabilities | -7,000,000 | 15,000,000 | -7,000,000 | 1,000,000 | 1,000,000 | 8,000,000 | -3,000,000 | 16,000,000 | -13,000,000 | -1,000,000 | 0 | -10,000,000 | 4,000,000 | ||||||||||||||||||||||||||
proceeds from sale of equity interest | |||||||||||||||||||||||||||||||||||||||
cash payments for software related intangible assets | 2,000,000 | 0 | -5,000,000 | 0 | -6,000,000 | -14,000,000 | -3,000,000 | -5,000,000 | 5,000,000 | -7,000,000 | -18,000,000 | -1,000,000 | 0 | -6,000,000 | -10,000,000 | 0 | 1,000,000 | -4,000,000 | -11,000,000 | -9,000,000 | -4,000,000 | -5,000,000 | -2,000,000 | -14,000,000 | |||||||||||||||
(repurchase) issuance of common shares | |||||||||||||||||||||||||||||||||||||||
payments of long-term debt | |||||||||||||||||||||||||||||||||||||||
issuance of long-term debt | 507,000,000 | -499,000,000 | 250,000,000 | 4,000,000 | 655,000,000 | 2,000,000 | 2,000,000 | ||||||||||||||||||||||||||||||||
net increase in revolver borrowings and short-term debt excluding current maturities of long-term debt and short-term borrowings secured by accounts receivable | -48,000,000 | -106,000,000 | 77,000,000 | -174,000,000 | 117,000,000 | 4,000,000 | 366,000,000 | 111,000,000 | -227,000,000 | 197,000,000 | -230,000,000 | 233,000,000 | |||||||||||||||||||||||||||
cash paid during the period for income taxes | -8,000,000 | 6,000,000 | 25,000,000 | 13,000,000 | 15,000,000 | -7,000,000 | 32,000,000 | 21,000,000 | -25,000,000 | 21,000,000 | 25,000,000 | -1,000,000 | 2,000,000 | 17,000,000 | 4,000,000 | ||||||||||||||||||||||||
period end balance of accounts payable for plant, property, and equipment | |||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to cash from operating activities — | |||||||||||||||||||||||||||||||||||||||
increase in payables | -211,000,000 | 189,000,000 | -98,000,000 | 91,000,000 | 116,000,000 | -13,000,000 | 77,000,000 | -14,000,000 | 87,000,000 | 199,000,000 | -110,000,000 | -5,000,000 | 77,000,000 | 62,000,000 | -48,000,000 | -90,000,000 | 88,000,000 | 119,000,000 | 205,000,000 | -94,000,000 | -74,000,000 | -172,000,000 | |||||||||||||||||
decrease in accrued taxes | |||||||||||||||||||||||||||||||||||||||
increase in accrued interest | 6,000,000 | -3,000,000 | 8,000,000 | -5,000,000 | 3,000,000 | 21,000,000 | 13,000,000 | -8,000,000 | 4,000,000 | 8,000,000 | -8,000,000 | 4,000,000 | 9,000,000 | -15,000,000 | -9,000,000 | 10,000,000 | |||||||||||||||||||||||
net cash from operating activities | 350,000,000 | 10,000,000 | -140,000,000 | 453,000,000 | -83,000,000 | 240,000,000 | 165,000,000 | 227,000,000 | 164,000,000 | ||||||||||||||||||||||||||||||
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||
free cash flows | 350,000,000 | 10,000,000 | -140,000,000 | 453,000,000 | -83,000,000 | 240,000,000 | 165,000,000 | 227,000,000 | 164,000,000 | ||||||||||||||||||||||||||||||
issuance (repurchase) of common shares under employee stock plans | |||||||||||||||||||||||||||||||||||||||
retirement of long-term debt | 0 | -6,000,000 | -6,000,000 | -352,000,000 | 165,000,000 | -4,000,000 | -4,000,000 | -3,000,000 | -11,000,000 | -2,000,000 | 2,000,000 | -5,000,000 | -408,000,000 | 19,000,000 | 359,000,000 | -381,000,000 | -618,000,000 | -15,000,000 | -1,000,000 | -5,000,000 | |||||||||||||||||||
issuance of long-term debt - net | |||||||||||||||||||||||||||||||||||||||
debt issuance cost for long-term debt | |||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to cash used by operating activities — | |||||||||||||||||||||||||||||||||||||||
net cash used by operating activities | -9,000,000 | -50,000,000 | -92,000,000 | -85,000,000 | -81,000,000 | ||||||||||||||||||||||||||||||||||
net cash from financing activities | 22,000,000 | 102,000,000 | 141,000,000 | 178,000,000 | 122,000,000 | 117,000,000 | |||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, january 1 | 318,000,000 | ||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, march 31 | 290,000,000 | ||||||||||||||||||||||||||||||||||||||
non-cash operating and investing activities | |||||||||||||||||||||||||||||||||||||||
change in long-term assets | 8,000,000 | 2,000,000 | |||||||||||||||||||||||||||||||||||||
change in long-term liabilities | -5,000,000 | -5,000,000 | 0 | ||||||||||||||||||||||||||||||||||||
change in restricted cash | |||||||||||||||||||||||||||||||||||||||
issuance (repurchase) of common stock | |||||||||||||||||||||||||||||||||||||||
increase in bank overdrafts | -8,000,000 | -9,000,000 | 4,000,000 | 32,000,000 | -82,000,000 | 53,000,000 | -9,000,000 | 3,000,000 | 4,000,000 | -4,000,000 | 2,000,000 | 8,000,000 | -8,000,000 | -29,000,000 | -13,000,000 | 17,000,000 | |||||||||||||||||||||||
distribution to noncontrolling interest partners | |||||||||||||||||||||||||||||||||||||||
net cash used by financing activities | |||||||||||||||||||||||||||||||||||||||
effect of foreign exchange rate changes on cash and cash equivalents | -15,000,000 | 8,000,000 | -1,000,000 | 10,000,000 | -7,000,000 | 10,000,000 | -6,000,000 | -20,000,000 | 29,000,000 | -26,000,000 | 7,000,000 | 1,000,000 | 13,000,000 | -18,000,000 | 10,000,000 | 7,000,000 | -3,000,000 | -10,000,000 | -14,000,000 | 3,000,000 | |||||||||||||||||||
increase in cash and cash equivalents | -2,000,000 | -6,000,000 | 47,000,000 | 76,000,000 | 6,000,000 | 1,000,000 | -8,000,000 | 11,000,000 | 39,000,000 | -8,000,000 | 10,000,000 | -17,000,000 | 38,000,000 | 9,000,000 | -21,000,000 | -21,000,000 | 28,000,000 | 2,000,000 | 15,000,000 | -13,000,000 | -25,000,000 | ||||||||||||||||||
cash and cash equivalents, january 1 | 347,000,000 | 282,000,000 | 275,000,000 | ||||||||||||||||||||||||||||||||||||
cash and cash equivalents, december 31 | |||||||||||||||||||||||||||||||||||||||
cash paid during the year for income taxes | |||||||||||||||||||||||||||||||||||||||
changes in restricted cash | 2,000,000 | -1,000,000 | 2,000,000 | 3,000,000 | 2,000,000 | -1,000,000 | 13,000,000 | -9,000,000 | |||||||||||||||||||||||||||||||
retirement of long-term debt - net | |||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, april 1 and january 1, respectively | |||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, june 30 | 2,000,000 | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, march 31 | 341,000,000 | 288,000,000 | 267,000,000 | 233,000,000 | 193,000,000 | 113,000,000 | |||||||||||||||||||||||||||||||||
cash payments for net assets purchased | 0 | ||||||||||||||||||||||||||||||||||||||
issuance of common stock | |||||||||||||||||||||||||||||||||||||||
tax impact from stock-based compensation | 1,000,000 | ||||||||||||||||||||||||||||||||||||||
capital contribution from noncontrolling interest partner | 3,000,000 | 1,000,000 | 1,000,000 | 3,000,000 | |||||||||||||||||||||||||||||||||||
issuance of common shares | 1,000,000 | -8,000,000 | 11,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||
cash and cash equivalents, july 1 and january 1, respectively | |||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, september 30 | |||||||||||||||||||||||||||||||||||||||
tax benefit from stock-based compensation | 3,000,000 | -7,000,000 | 12,000,000 | 7,000,000 | |||||||||||||||||||||||||||||||||||
purchase of noncontrolling equity interest | |||||||||||||||||||||||||||||||||||||||
proceeds from the sale of assets | 1,000,000 | 2,000,000 | 1,000,000 | 2,000,000 | |||||||||||||||||||||||||||||||||||
net decrease in short-term borrowings secured by accounts receivable | 50,000,000 | ||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to cash provided (used) by operating activities — | |||||||||||||||||||||||||||||||||||||||
net cash (used) by investing activities | 6,000,000 | -91,000,000 | -1,000,000 | ||||||||||||||||||||||||||||||||||||
net increase in revolver borrowings and short-term debt excluding current maturities of long-term debt | 168,000,000 | -275,000,000 | 191,000,000 | 86,000,000 | 10,000,000 | -73,000,000 | -167,000,000 | 137,000,000 | 50,000,000 | ||||||||||||||||||||||||||||||
(increase) in receivables | -176,000,000 | ||||||||||||||||||||||||||||||||||||||
(increase) in inventories | -40,000,000 | ||||||||||||||||||||||||||||||||||||||
(increase) in prepayments and other current assets | -49,000,000 | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents january 1 | 223,000,000 | 214,000,000 | 126,000,000 | ||||||||||||||||||||||||||||||||||||
purchase of additional noncontrolling equity interest | 0 | ||||||||||||||||||||||||||||||||||||||
distribution to noncontrolling interests partners | |||||||||||||||||||||||||||||||||||||||
period ended balance of payable for plant, property, and equipment | 29,000,000 | 17,000,000 | |||||||||||||||||||||||||||||||||||||
acquisition of businesses, net of cash acquired | |||||||||||||||||||||||||||||||||||||||
decrease in cash and cash equivalents | |||||||||||||||||||||||||||||||||||||||
debt issuance costs on long-term debt | |||||||||||||||||||||||||||||||||||||||
period ended balance of payables for plant, property, and equipment | |||||||||||||||||||||||||||||||||||||||
assumption of debt from business acquisition | 0 | ||||||||||||||||||||||||||||||||||||||
investments and other | 0 | ||||||||||||||||||||||||||||||||||||||
debt issuance cost on long-term debt | |||||||||||||||||||||||||||||||||||||||
net increase in revolver borrowings and short-term debt excluding current maturities of long-term debt and short-term borrowings secured by accounts receivables | |||||||||||||||||||||||||||||||||||||||
net increase in short-term borrowings secured by accounts receivables | |||||||||||||||||||||||||||||||||||||||
intercompany dividends and net increase in intercompany obligations | 111,000,000 | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, april 1 | |||||||||||||||||||||||||||||||||||||||
cash payment for net assets purchased | |||||||||||||||||||||||||||||||||||||||
acquisition of businesses | |||||||||||||||||||||||||||||||||||||||
note: | |||||||||||||||||||||||||||||||||||||||
distribution to minority interest partners | |||||||||||||||||||||||||||||||||||||||
distributions to minority interest partners | |||||||||||||||||||||||||||||||||||||||
acquisition of business | |||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to cash from operating activities— | |||||||||||||||||||||||||||||||||||||||
stock option expense | |||||||||||||||||||||||||||||||||||||||
(gain) loss on sale of assets | |||||||||||||||||||||||||||||||||||||||
changes in components of working capital (net of acquisition)— | |||||||||||||||||||||||||||||||||||||||
net proceeds from sale of assets | |||||||||||||||||||||||||||||||||||||||
net increase in short-term debt excluding current maturities of long-term debt | |||||||||||||||||||||||||||||||||||||||
retirement of obligation and exchange of property | |||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to cash provided (used) by operating activities— | |||||||||||||||||||||||||||||||||||||||
net proceeds from the sale of assets | |||||||||||||||||||||||||||||||||||||||
expenditures for plant, property, and equipment | |||||||||||||||||||||||||||||||||||||||
expenditures for software related intangible assets |