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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, | |||||||
2014 | 2013 | ||||||
(Millions) | |||||||
Net income attributable to Tenneco Inc. | $ | 205 | $ | 129 | |||
Add: | |||||||
Interest expense | 58 | 60 | |||||
Portion of rental representative of the interest factor | 16 | 14 | |||||
Income Tax Expense (Benefit) | 117 | 89 | |||||
Noncontrolling interests | 29 | 28 | |||||
Amortization of interest capitalized | 3 | 3 | |||||
Undistributed (earnings) losses of affiliated companies in which less | |||||||
than a 50% voting interest is owned | — | — | |||||
Earnings as defined | $ | 428 | $ | 323 | |||
Interest expense | 58 | 60 | |||||
Interest capitalized | 3 | 3 | |||||
Portion of rentals representative of the interest factor | 16 | 14 | |||||
Fixed charges as defined | $ | 77 | $ | 77 | |||
Ratio of earnings to fixed charges | 5.56 | 4.19 |