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 operating 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:   2009     2008   2007
(Dollar Amounts in Millions)
North America   $ 2,099   45 % $ 2,641   45 % $ 2,910   47 %
Europe, South America and India     2,209   48     2,983   50   3,135   51
Asia Pacific     525   11     543   9   560   9
Intergroup sales     (184 ) (4 )   (251 ) (4 )   (421 ) (7 )
    Total
  $ 4,649   100 % $ 5,916   100 % $ 6,184   100 %
EBIT:   2009     2008   2007
(Dollar Amounts in Millions)
North America   $ 42   45 % $ (107 ) NM   $ 120   48 %
Europe, South America and India     20   22     85   NM   99   39
Asia Pacific     30   33     19   NM     33   13
    Total
  $ 92   100 % $ (3 )     $ 252   100 %
Expenditures for plant,
  property and equipment:
  2009     2008   2007
(Dollar Amounts in Millions)
North America   $ 45 38 % $ 108   49 % $ 106   54 %
Europe, South America and India     58   49     89   40   74   37
Asia Pacific     15   13     24   11     18   9
    Total
  $ 118 100 % $ 221   100 % $ 198   100 %
Interest expense, income taxes, and minority
  interest that were not allocated to our
  operating segments are:
  2009     2008   2007
(Millions)
Interest expense (net of interest capitalized)   $ 133   $   113 $   164
Income tax expense       13       289     83
Noncontrolling interests       19       10     10