EX-12 2 ten-2013930x10qexhibit12.htm EX-12 TEN-2013.9.30-10Q 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)

 
Nine Months Ended September 30,
 
2013
 
2012
 
(Millions)
Net income attributable to Tenneco Inc.
$
129

 
$
242

Add:
 
 
 
Interest expense
60

 
84

Portion of rental representative of the interest factor
14

 
13

Income tax expense
89

 
(3
)
Noncontrolling interests
28

 
21

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
$
323

 
$
361

Interest expense
60

 
84

Interest capitalized
3

 
3

Portion of rentals representative of the interest factor
14

 
13

Fixed charges as defined
$
77

 
$
100

Ratio of earnings to fixed charges
4.19

 
3.61