EX-12 2 c65308exv12.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)
 
                 
    Six Months
 		 
    Ended
 		 
    June 30,  
    2011     2010  
    (Dollars in Millions)  
 
Net income attributable to Tenneco Inc. 
  $ 97     $ 47  
Add:
               
Interest expense
    54       64  
Portion of rentals representative of the interest factor
    9       7  
Income tax expense and other taxes on income
    44       30  
Noncontrolling interest
    12       11  
Amortization of interest capitalized
    2       2  
Undistributed (earnings) losses of affiliated companies in which less than a 50% voting interest is owned
    —       —  
                 
Earnings as defined
  $ 218     $ 161  
                 
Interest expense
  $ 54     $ 64  
Interest capitalized
    2       2  
Portion of rentals representative of the interest factor
    9       7  
                 
Fixed charges as defined
  $ 65     $ 73  
                 
Ratio of earnings to fixed charges
    3.35       2.21