EX-12 4 c52770exv12.htm EX-12 exv12
EXHIBIT 12
 
TENNECO INC. AND CONSOLIDATED SUBSIDIARIES
COMBINED WITH 50% OR LESS OWNED UNCONSOLIDATED SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(UNAUDITED)
 
                 
    Six Months
 		 
    Ended
 		 
    June 30,  
    2009     2008  
    (Dollars in Millions)  
 
Net income (loss) attributable to Tenneco Inc. 
  $ (82 )   $ 19  
Add:
               
Interest expense
    66       58  
Portion of rentals representative of the interest factor
    7       8  
Income tax expense and other taxes on income
    14       32  
Noncontrolling interest
    6       5  
Amortization of interest capitalized
    2       2  
Undistributed (earnings) losses of affiliated companies in which less than a 50% voting interest is owned
    2       (3 )
                 
Earnings as defined
  $ 15     $ 121  
                 
Interest expense
  $ 66     $ 58  
Interest capitalized
    2       3  
Portion of rentals representative of the interest factor
    7       8  
                 
Fixed charges as defined
  $ 75     $ 69  
                 
Ratio of earnings to fixed charges
    0.20       1.75  
                 
 
NOTE: Earnings were inadequate to cover fixed charges by $60 million for the six months ended June 30, 2009.