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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, | |||||||
2013 | 2012 | ||||||
(Millions) | |||||||
Net income attributable to Tenneco Inc. | $ | 129 | $ | 242 | |||
Add: | |||||||
Interest expense | 60 | 84 | |||||
Portion of rental representative of the interest factor | 14 | 13 | |||||
Income tax expense | 89 | (3 | ) | ||||
Noncontrolling interests | 28 | 21 | |||||
Amortization of interest capitalized | 3 | 3 | |||||
Undistributed (earnings) losses of affiliated companies in which less | |||||||
than a 50% voting interest is owned | — | 1 | |||||
Earnings as defined | $ | 323 | $ | 361 | |||
Interest expense | 60 | 84 | |||||
Interest capitalized | 3 | 3 | |||||
Portion of rentals representative of the interest factor | 14 | 13 | |||||
Fixed charges as defined | $ | 77 | $ | 100 | |||
Ratio of earnings to fixed charges | 4.19 | 3.61 |