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EXHIBIT 12
TENNECO AUTOMOTIVE INC. AND CONSOLIDATED SUBSIDIARIES
COMBINED WITH 50% OWNED UNCONSOLIDATED SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(DOLLARS IN MILLIONS)
(UNAUDITED)
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<CAPTION>
SIX MONTHS
ENDED
JUNE 30,
-------------
2000 1999
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<S> <C> <C>
Income from continuing operations........................... $ 16 $ 53
Add:
Interest expense.......................................... 93 42
Portion of rentals representative of the interest
factor................................................. 7 5
Preferred stock dividend requirements of majority-owned
subsidiaries........................................... -- 13
Income tax expense (benefit) and other taxes on income.... 4 44
Amortization of interest capitalized...................... -- --
Undistributed (earnings) losses of affiliated companies in
which less than a 50% voting interest is owned......... -- --
---- -----
Earnings as defined.................................. $120 $ 157
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Interest expense............................................ $ 93 $ 42
Interest capitalized........................................ 3 --
Portion of rentals representative of the interest factor.... 7 5
Preferred stock dividend requirements of majority-owned
subsidiaries on a pre-tax basis........................... -- 22
---- -----
Fixed charges as defined............................. $103 $ 69
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Ratio of earnings to fixed charges.......................... 1.17 2.28
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