Tenneco (TEN) 10-Q 2015 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,
	2015		2014
	(Millions)
Net income attributable to Tenneco Inc.	$	127	$	127
Add:
Interest expense	33		38
Portion of rental representative of the interest factor	10		11
Income Tax Expense (Benefit)	88		86
Noncontrolling interests	27		18
Amortization of interest capitalized	3		2
Undistributed (earnings) losses of affiliated companies in which less
than a 50% voting interest is owned	1		—
Earnings as defined	$	289	$	282
Interest expense	33		38
Interest capitalized	3		2
Portion of rentals representative of the interest factor	10		11
Fixed charges as defined	$	46	$	51
Ratio of earnings to fixed charges	6.28		5.53