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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)
Three Months Ended March 31, | |||||||
2016 | 2015 | ||||||
(Millions) | |||||||
Net income attributable to Tenneco Inc. | $ | 57 | $ | 49 | |||
Add: | |||||||
Interest expense | 18 | 16 | |||||
Portion of rental representative of the interest factor | 5 | 5 | |||||
Income Tax Expense (Benefit) | 34 | 41 | |||||
Noncontrolling interests | 15 | 14 | |||||
Amortization of interest capitalized | 1 | 1 | |||||
Earnings as defined | $ | 130 | $ | 126 | |||
Interest expense | 18 | 16 | |||||
Interest capitalized | 1 | 1 | |||||
Portion of rentals representative of the interest factor | 5 | 5 | |||||
Fixed charges as defined | $ | 24 | $ | 22 | |||
Ratio of earnings to fixed charges | 5.42 | 5.73 |