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Company Profile
Tenneco Automotive is a world leader in designing, developing, and manufacturing ride control and emission control
systems and products. The company aims to exceed customer expectations through extraordinary service and value-
added technologies that provide quieter, cleaner, and safer transportation.
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| (In millions except share amounts) |
2000 |
1999 |
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| Sales |
$ 3,549 |
$ 3,279 |
| Earnings before interest and taxes* |
$ 185 |
$ 230 |
| Income from continuing operations* |
$ 4 |
$ 24 |
| Earnings per share, diluted* |
$ .10 |
$ .74 |
| Capital Expenditures |
$ 146 |
$ 154 |
| Depreciation and amortization |
$ 151 |
$ 144 |
| Average diluted shares outstanding |
34,906,825 |
33,656,063 |
| Total debt |
$ 1,527 |
$ 1,634 |
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The information presented for 2000 is before restructuring and other charges, a stock option buyback, and a reversal on
a reserve, which combined reduced EBIT by $65 million, net income by $45 million, and earnings per share by $1.28. The
information presented for 1999 is before a charge for restructuring and transaction and other expenses and also includes
pro forma adjustments to recognize incremental stand-alone expenses equal to those incurred in 2000 and to adjust the
1999 capital structure to be consistent with 2000. Combined, these reduced operating income by $82 million, net income
by $87 million, and earnings per share by $2.61. Additional information about these items can be found in Management's
Discussion and Analysis in our Annual Report on Form 10-K for the year ending December 31, 2000.
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