EX-12 7 ten-2016930x10qexhibit12.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)

 
Nine Months Ended September 30,
 
2016
 
2015
 
(Millions)
Net income attributable to Tenneco Inc.
$
323

 
$
179

Add:
 
 
 
Interest expense
76

 
49

Portion of rental representative of the interest factor
16

 
15

Income Tax Expense
5

 
122

Noncontrolling interests
49

 
41

Amortization of interest capitalized
3

 
3

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

 
1

Earnings as defined
$
472

 
$
410

Interest expense
76

 
49

Interest capitalized
4

 
5

Portion of rentals representative of the interest factor
16

 
15

Fixed charges as defined
$
96

 
$
69

Ratio of earnings to fixed charges
4.92

 
5.94