EX-12 5 c61059exv12.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)
 
                 
    Nine Months
 		 
    Ended
 		 
    September 30,  
    2010     2009  
    (Dollars in Millions)  
 
Net income (loss) attributable to Tenneco Inc. 
  $ 57     $ (90 )
Add:
               
Interest expense
    100       101  
Portion of rentals representative of the interest factor
    11       11  
Income tax expense and other taxes on income
    45       18  
Noncontrolling interests
    17       10  
Amortization of interest capitalized
    3       3  
Undistributed (earnings) losses of affiliated companies in which less than a 50% voting interest is owned
    —       1  
                 
Earnings as defined
  $ 233     $ 54  
                 
Interest expense
  $ 100     $ 101  
Interest capitalized
    3       3  
Portion of rentals representative of the interest factor
    11       11  
                 
Fixed charges as defined
  $ 114     $ 115  
                 
Ratio of earnings to fixed charges
    2.04       0.47  
                 
 
NOTE:  Earnings were inadequate to cover fixed charges by $61 million for the nine months ended September 30, 2009.