Attached files
file | filename |
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EX-32.1 - EX-32.1 - TENNECO INC | ten-2014630x10qexhibit321.htm |
EX-31.2 - EX-31.2 - TENNECO INC | ten-2014630x10qexhibit312.htm |
EX-31.1 - EX-31.1 - TENNECO INC | ten-2014630x10qexhibit311.htm |
EXCEL - IDEA: XBRL DOCUMENT - TENNECO INC | Financial_Report.xls |
10-Q - FORM 10-Q - TENNECO INC | ten-2014630x10q.htm |
EX-15.1 - EX-15.1 - TENNECO INC | ten-2014630x10qexhibit151.htm |
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, | |||||||
2014 | 2013 | ||||||
(Millions) | |||||||
Net income attributable to Tenneco Inc. | $ | 127 | $ | 117 | |||
Add: | |||||||
Interest expense | 38 | 39 | |||||
Portion of rental representative of the interest factor | 11 | 10 | |||||
Income tax expense | 86 | 59 | |||||
Noncontrolling interests | 18 | 18 | |||||
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 | $ | 282 | $ | 245 | |||
Interest expense | 38 | 39 | |||||
Interest capitalized | 2 | 2 | |||||
Portion of rentals representative of the interest factor | 11 | 10 | |||||
Fixed charges as defined | $ | 51 | $ | 51 | |||
Ratio of earnings to fixed charges | 5.53 | 4.80 |