Contributions of Major Businesses
For information concerning our operating segments, geographic areas and
major products or groups of products, see Note 12 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 minority interest (“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: |
|
2008 |
|
|
2007 |
|
|
2006 |
|
| (Dollar Amounts in Millions) |
| North America |
|
$ |
2,641 |
|
45 |
% |
$ |
2,910 |
|
47 |
% |
$ |
1,963 |
|
42 |
% |
| Europe, South America and India |
|
|
2,983 |
|
50 |
|
|
3,135 |
|
51 |
|
|
2,387 |
|
51 |
|
| Asia Pacific |
|
|
543 |
|
9 |
|
|
560 |
|
9 |
|
|
436 |
|
9 |
|
| Intergroup sales |
|
|
(251 |
) |
(4 |
) |
|
(421 |
) |
(7 |
) |
|
(104 |
) |
(2 |
) |
Total |
|
$ |
5,916 |
|
100 |
% |
$ |
6,184 |
|
100 |
% |
$ |
4,682 |
|
100 |
% |
| | |
| EBIT: |
|
2008 |
|
|
2007 |
|
|
2006 |
|
| (Dollar Amounts in Millions) |
| North America |
|
$ |
(107 |
) |
NM |
|
$ |
120 |
|
48 |
% |
$ |
103 |
|
53 |
% |
| Europe, South America and India |
|
|
85 |
|
NM |
|
|
99 |
|
39 |
|
|
81 |
|
41 |
|
| Asia Pacific |
|
|
19 |
|
NM |
|
|
33 |
|
13 |
|
|
12 |
|
6 |
|
Total |
|
$ |
(3 |
) |
|
|
$ |
252 |
|
100 |
% |
$ |
196 |
|
100 |
% |
| | |
Expenditures for plant,
property and equipment: |
|
2008 |
|
|
2007 |
|
|
2006 |
|
| (Dollar Amounts in Millions) |
| North America |
|
$ |
108 |
|
49 |
% |
$ |
106 |
|
54 |
% |
$ |
100 |
|
59 |
% |
| Europe, South America and India |
|
|
89 |
|
40 |
|
|
74 |
|
37 |
|
|
51 |
|
30 |
|
| Asia Pacific |
|
|
24 |
|
11 |
|
|
18 |
|
9 |
|
|
19 |
|
11 |
|
Total |
|
$ |
221 |
|
100 |
% |
$ |
198 |
|
100 |
% |
$ |
170 |
|
100 |
% |
| | |
Interest expense, income taxes, and minority
interest that were not
allocated to our
operating segments are: |
|
2008 |
|
|
2007 |
|
|
2006 |
|
| (Millions) |
| Interest expense (net of interest capitalized) |
|
$ |
|
|
113 |
|
$ |
|
|
164 |
|
$ |
|
|
136 |
|
| Income tax expense |
|
|
|
|
289 |
|
|
|
|
83 |
|
|
|
|
5 |
|
| Minority interest |
|
|
|
|
10 |
|
|
|
|
10 |
|
|
|
|
6 |
|
|
