EX-12 5 ten-2013630x10qexhibit12.htm EX-12 TEN-2013.6.30-10Q Exhibit 12



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,
 
2013
 
2012
 
(Millions)
Net income attributable to Tenneco Inc.
$
117

 
$
117

Add:
 
 
 
Interest expense
39

 
63

Portion of rental representative of the interest factor
10

 
9

Income tax expense
59

 
39

Noncontrolling interests
18

 
14

Amortization of interest capitalized
2

 
2

Undistributed (earnings) losses of affiliated companies in which less
 
 
 
than a 50% voting interest is owned
—

 
1

Earnings as defined
$
245

 
$
245

Interest expense
39

 
63

Interest capitalized
2

 
2

Portion of rentals representative of the interest factor
10

 
9

Fixed charges as defined
$
51

 
$
74

Ratio of earnings to fixed charges
4.80

 
3.31