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, | ||||||||
| 2012 | 2011 | |||||||
| (Dollars in Millions) | ||||||||
Net income attributable to Tenneco Inc. | $ | 117 | $ | 97 | ||||
Add: | ||||||||
Interest expense | 63 | 54 | ||||||
Portion of rentals representative of the interest factor | 9 | 9 | ||||||
Income tax expense | 39 | 44 | ||||||
Noncontrolling interest | 14 | 12 | ||||||
Amortization of interest capitalized | 2 | 2 | ||||||
Undistributed (earnings) losses of affiliated companies in which less than a 50% voting interest is owned | 1 | — | ||||||
Earnings as defined | $ | 245 | $ | 218 | ||||
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Interest expense | $ | 63 | $ | 54 | ||||
Interest capitalized | 2 | 2 | ||||||
Portion of rentals representative of the interest factor | 9 | 9 | ||||||
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Fixed charges as defined | $ | 74 | $ | 65 | ||||
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Ratio of earnings to fixed charges | 3.31 | 3.35 | ||||||
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77
