Tenneco (TEN) 10-Q 2009 Q2 Quarterly report

EXHIBIT 12

TENNECO INC. AND CONSOLIDATED SUBSIDIARIES
COMBINED WITH 50% OR LESS OWNED UNCONSOLIDATED SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(UNAUDITED)

	Six Months
	Ended
	June 30,
	2009			2008
	(Dollars in Millions)
Net income (loss) attributable to Tenneco Inc.	$	(82	)	$	19
Add:
Interest expense		66			58
Portion of rentals representative of the interest factor		7			8
Income tax expense and other taxes on income		14			32
Noncontrolling interest		6			5
Amortization of interest capitalized		2			2
Undistributed (earnings) losses of affiliated companies in which less than a 50% voting interest is owned		2			(3	)
Earnings as defined	$	15		$	121
Interest expense	$	66		$	58
Interest capitalized		2			3
Portion of rentals representative of the interest factor		7			8
Fixed charges as defined	$	75		$	69
Ratio of earnings to fixed charges		0.20			1.75

NOTE: Earnings were inadequate to cover fixed charges by $60 million for the six months ended June 30, 2009.