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, | ||||||||
2012 | 2011 | |||||||
(Dollars in Millions) | ||||||||
Net income attributable to Tenneco Inc. | $ | 242 | $ | 127 | ||||
Add: | ||||||||
Interest expense | 84 | 81 | ||||||
Portion of rentals representative of the interest factor | 13 | 13 | ||||||
Income tax (benefit) expense | (3 | ) | 65 | |||||
Noncontrolling interest | 21 | 18 | ||||||
Amortization of interest capitalized | 3 | 3 | ||||||
Undistributed (earnings) losses of affiliated companies in which less than a 50% voting interest is owned | 1 | — | ||||||
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Earnings as defined | $ | 361 | $ | 307 | ||||
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Interest expense | $ | 84 | $ | 81 | ||||
Interest capitalized | 3 | 3 | ||||||
Portion of rentals representative of the interest factor | 13 | 13 | ||||||
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Fixed charges as defined | $ | 100 | $ | 97 | ||||
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Ratio of earnings to fixed charges | 3.61 | 3.16 | ||||||
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