EX-12 2 c57872exv12.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)
 
                 
    Three Months
 		 
    Ended
 		 
    March 31,  
    2010     2009  
    (Dollars in Millions)  
 
Net income (loss) attributable to Tenneco Inc. 
  $ 7     $ (49 )
Add:
               
Interest expense
    32       31  
Portion of rentals representative of the interest factor
    4       3  
Income tax expense and other taxes on income
    15       3  
Noncontrolling interests
    5       2  
Amortization of interest capitalized
    (1 )     1  
Undistributed (earnings) losses of affiliated companies in which less than a 50% voting interest is owned
    (1 )     1  
                 
Earnings as defined
  $ 61     $ (8 )
                 
Interest expense
  $ 32     $ 31  
Interest capitalized
    1       2  
Portion of rentals representative of the interest factor
    4       3  
                 
Fixed charges as defined
  $ 37     $ 36  
                 
Ratio of earnings to fixed charges
    1.66       (0.22 )
                 
 
NOTE: Earning were inadequate to cover fixed charges by $44 million for the three months ended March 31, 2009.