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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, | |||||||
2015 | 2014 | ||||||
(Millions) | |||||||
Net income attributable to Tenneco Inc. | $ | 179 | $ | 205 | |||
Add: | |||||||
Interest expense | 49 | 58 | |||||
Portion of rental representative of the interest factor | 15 | 16 | |||||
Income Tax Expense (Benefit) | 122 | 117 | |||||
Noncontrolling interests | 41 | 29 | |||||
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 | $ | 410 | $ | 428 | |||
Interest expense | 49 | 58 | |||||
Interest capitalized | 5 | 3 | |||||
Portion of rentals representative of the interest factor | 15 | 16 | |||||
Fixed charges as defined | $ | 69 | $ | 77 | |||
Ratio of earnings to fixed charges | 5.94 | 5.56 |