EX-12 2 d317332dex12.htm EX-12 EX-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)

 

     Three Months Ended
March 31,
 
         2012              2011      
     (Dollars in Millions)  

Net income attributable to Tenneco Inc.

   $ 30       $ 47   

Add:

     

Interest expense

     42         28   

Portion of rentals representative of the interest factor

     4         4   

Income tax expense

     18         14   

Noncontrolling interests

     6         5   

Amortization of interest capitalized

     1         1   
  

 

 

    

 

 

 

Earnings as defined

   $ 101       $ 99   
  

 

 

    

 

 

 

Interest expense

   $ 42       $ 28   

Interest capitalized

     1         1   

Portion of rentals representative of the interest factor

     4         4   
  

 

 

    

 

 

 

Fixed charges as defined

   $ 47       $ 33   
  

 

 

    

 

 

 

Ratio of earnings to fixed charges

     2.15         3.00   
  

 

 

    

 

 

 

 

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