Attached files
file | filename |
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EX-32.1 - EXHIBIT 32.1 - TENNECO INC | ten-2018630x10qexhibit321.htm |
EX-31.2 - EXHIBIT 31.2 - TENNECO INC | ten-2018630x10qexhibit312.htm |
EX-31.1 - EXHIBIT 31.1 - TENNECO INC | ten-2018630x10qexhibit311.htm |
EX-15.1 - EXHIBIT 15.1 - TENNECO INC | ten-2018630x10qexhibit151.htm |
10-Q - 10-Q - TENNECO INC | ten-2018630x10q.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, | |||||||
2018 | 2017 | ||||||
(Millions) | |||||||
Net income attributable to Tenneco Inc. | $ | 108 | $ | 56 | |||
Add: | |||||||
Interest expense | 40 | 35 | |||||
Portion of rental representative of the interest factor | 13 | 12 | |||||
Income tax expense | 52 | 25 | |||||
Noncontrolling interests | 30 | 32 | |||||
Amortization of interest capitalized | 2 | 2 | |||||
Undistributed losses of affiliated companies in which less | |||||||
than a 50% voting interest is owned | — | 1 | |||||
Earnings as defined | $ | 245 | $ | 163 | |||
Interest expense | 40 | 35 | |||||
Interest capitalized | 3 | 4 | |||||
Portion of rentals representative of the interest factor | 13 | 12 | |||||
Fixed charges as defined | $ | 56 | $ | 51 | |||
Ratio of earnings to fixed charges | 4.38 | 3.20 |