Financials (10-K)

Part I – Item 1. Business – Contributions of Major Businesses

Contributions of Major Businesses

For information concerning our operating segments, geographic areas and major products or groups of products, see Note 11 to the consolidated financial statements of Tenneco Inc. included in Item 8. The following tables summarize for each of our reportable segments for the periods indicated: (i) net sales and operating revenues; (ii) earnings before interest expense, income taxes and noncontrolling interests (“EBIT”); and (iii) expenditures for plant, property and equipment. You should also read “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included in Item 7 for information about certain costs and charges included in our results.

Net Sales and Operating Revenues:   2011     2010   2009
(Dollar Amounts in Millions)
North America   $ 3,426   48 % $ 2,832   48 % $ 2,099   45 %
Europe, South America and India     3,169   44     2,594   44     2,209   48
Asia Pacific     804   11     698   12     525   11
Intergroup sales     (194 ) (3 )   (187 ) (4 )   (184 ) (4 )
    Total
  $ 7,205   100 % $ 5,937   100 % $ 4,649   100 %
EBIT:   2011     2010   2009
(Dollar Amounts in Millions)
North America   $ 216   57 % $ 155   55 % $ 42   45  
Europe, South America and India     125   33     76   27   20   22
Asia Pacific     38   10     50   18     30   33
    Total
  $ 379   100 % $ 281   100 % $ 92   100  
Expenditures for plant,
  property and equipment:
  2011     2010   2009
(Dollar Amounts in Millions)
North America   $ 88 40 % $ 59 38 % $ 45 38 %
Europe, South America and India     95   44     66   43   58   49
Asia Pacific     35   16     29   19     15   13
    Total
  $ 218   100 % $ 154   100 % $ 118   100 %
Interest expense, income taxes, and noncontrolling interest that were not allocated to our operating segments are:   2011     2010   2009
(Millions)
Interest expense (net of interest capitalized)   $ 108   $ 149   $ 133  
Income tax expense     88       69     13  
Noncontrolling interests     26         24         19