EX-12 5 ten-2016331x10qexhibit12.htm EX-12 Exhibit



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,
 
2016
 
2015
 
(Millions)
Net income attributable to Tenneco Inc.
$
57

 
$
49

Add:
 
 
 
Interest expense
18

 
16

Portion of rental representative of the interest factor
5

 
5

Income Tax Expense (Benefit)
34

 
41

Noncontrolling interests
15

 
14

Amortization of interest capitalized
1

 
1

Earnings as defined
$
130

 
$
126

Interest expense
18

 
16

Interest capitalized
1

 
1

Portion of rentals representative of the interest factor
5

 
5

Fixed charges as defined
$
24

 
$
22

Ratio of earnings to fixed charges
5.42

 
5.73