EX-12 3 c63794exv12.htm EX-12 exv12
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,  
    2011     2010  
    (Dollars in Millions)  
 
Net income attributable to Tenneco Inc. 
  $ 47     $ 7  
Add:
               
Interest expense
    28       32  
Portion of rentals representative of the interest factor
    4       4  
Income tax expense and other taxes on income
    14       15  
Noncontrolling interests
    5       5  
Amortization of interest capitalized
    1       1  
Undistributed (earnings) losses of affiliated companies in which less than a 50% voting interest is owned
    —       (1 )
                 
Earnings as defined
  $ 99     $ 63  
                 
Interest expense
  $ 28     $ 32  
Interest capitalized
    1       1  
Portion of rentals representative of the interest factor
    4       4  
                 
Fixed charges as defined
  $ 33     $ 37  
                 
Ratio of earnings to fixed charges
    3.00       1.70