EX-12 3 ten-2018331x10qexhibit12.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,
 
2018
 
2017
 
(Millions)
Net income attributable to Tenneco Inc.
$
58

 
$
59

Add:
 
 
 
Interest expense
20

 
15

Portion of rental representative of the interest factor
6

 
6

Income tax expense
25

 
33

Noncontrolling interests
14

 
14

Amortization of interest capitalized
1

 
1

Earnings as defined
$
124

 
$
128

Interest expense
20

 
15

Interest capitalized
2

 
2

Portion of rentals representative of the interest factor
6

 
6

Fixed charges as defined
$
28

 
$
23

Ratio of earnings to fixed charges
4.43

 
5.57