Attached files
file | filename |
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EX-31.2 - EX-31.2 - TENNECO INC | ten-2015630x10qexhibit312.htm |
EX-15.1 - EX-15.1 - TENNECO INC | ten-2015630x10qexhibit151.htm |
EX-32.1 - EX-32.1 - TENNECO INC | ten-2015630x10qexhibit321.htm |
EX-31.1 - EX-31.1 - TENNECO INC | ten-2015630x10qexhibit311.htm |
10-Q - FORM 10-Q - TENNECO INC | ten-2015630x10q.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, | |||||||
2015 | 2014 | ||||||
(Millions) | |||||||
Net income attributable to Tenneco Inc. | $ | 127 | $ | 127 | |||
Add: | |||||||
Interest expense | 33 | 38 | |||||
Portion of rental representative of the interest factor | 10 | 11 | |||||
Income Tax Expense (Benefit) | 88 | 86 | |||||
Noncontrolling interests | 27 | 18 | |||||
Amortization of interest capitalized | 3 | 2 | |||||
Undistributed (earnings) losses of affiliated companies in which less | |||||||
than a 50% voting interest is owned | 1 | — | |||||
Earnings as defined | $ | 289 | $ | 282 | |||
Interest expense | 33 | 38 | |||||
Interest capitalized | 3 | 2 | |||||
Portion of rentals representative of the interest factor | 10 | 11 | |||||
Fixed charges as defined | $ | 46 | $ | 51 | |||
Ratio of earnings to fixed charges | 6.28 | 5.53 |