Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - TENNECO INC | c55874e10vk.htm |
| EX-21 - EX-21 - TENNECO INC | c55874exv21.htm |
| EX-24 - EX-24 - TENNECO INC | c55874exv24.htm |
| EX-23 - EX-23 - TENNECO INC | c55874exv23.htm |
| EX-31.1 - EX-31.1 - TENNECO INC | c55874exv31w1.htm |
| EX-32.1 - EX-32.1 - TENNECO INC | c55874exv32w1.htm |
| EX-31.2 - EX-31.2 - TENNECO INC | c55874exv31w2.htm |
| EX-10.72 - EX-10.72 - TENNECO INC | c55874exv10w72.htm |
| EX-10.73 - EX-10.73 - TENNECO INC | c55874exv10w73.htm |
| EX-10.71 - EX-10.71 - TENNECO INC | c55874exv10w71.htm |
| EX-10.70 - EX-10.70 - TENNECO INC | c55874exv10w70.htm |
| EX-10.74 - EX-10.74 - TENNECO INC | c55874exv10w74.htm |
EXHIBIT 12
TENNECO
INC. AND CONSOLIDATED SUBSIDIARIES
COMBINED
WITH 50% OWNED UNCONSOLIDATED SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
| Years Ended December 31, | ||||||||||||||||||||
| 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||
| (Dollars in Millions) | ||||||||||||||||||||
|
Net Income (loss) attributable to Tenneco Inc.
|
$ | (73 | ) | $ | (415 | ) | $ | (5 | ) | $ | 49 | $ | 56 | |||||||
|
Add:
|
||||||||||||||||||||
|
Interest expense
|
133 | 113 | 164 | 136 | 133 | |||||||||||||||
|
Portion of rentals representative of the interest factor
|
14 | 15 | 12 | 12 | 12 | |||||||||||||||
|
Income tax expense (benefit) and other taxes on income
|
13 | 289 | 83 | 5 | 26 | |||||||||||||||
|
Noncontrolling interests
|
19 | 10 | 10 | 6 | 2 | |||||||||||||||
|
Amortization of interest capitalized
|
4 | 3 | 3 | 3 | 2 | |||||||||||||||
|
Undistributed (earnings) losses of affiliated companies in which
less than a 50% voting interest is owned
|
2 | (2 | ) | (1 | ) | (3 | ) | (1 | ) | |||||||||||
|
Earnings as defined
|
$ | 112 | $ | 13 | $ | 266 | $ | 208 | $ | 230 | ||||||||||
|
Interest expense
|
$ | 133 | $ | 113 | $ | 164 | $ | 136 | $ | 133 | ||||||||||
|
Interest capitalized
|
4 | 6 | 6 | 6 | 3 | |||||||||||||||
|
Portion of rentals representative of the interest factor
|
14 | 15 | 12 | 12 | 12 | |||||||||||||||
|
Fixed charges as defined
|
$ | 151 | $ | 134 | $ | 182 | $ | 154 | $ | 148 | ||||||||||
|
Ratio of earnings to fixed charges
|
— | — | 1.46 | 1.35 | 1.55 | |||||||||||||||
| NOTE: | Earnings were inadequate to cover fixed charges by $39 million for the year ended December 31, 2009 and by $121 million for the year ended December 31, 2008. |
146