Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - ALLEGHENY TECHNOLOGIES INC | Financial_Report.xls |
| 10-K - FORM 10-K - ALLEGHENY TECHNOLOGIES INC | l38930e10vk.htm |
| EX-31.1 - EX-31.1 - ALLEGHENY TECHNOLOGIES INC | l38930exv31w1.htm |
| EX-23.1 - EX-23.1 - ALLEGHENY TECHNOLOGIES INC | l38930exv23w1.htm |
| EX-21.1 - EX-21.1 - ALLEGHENY TECHNOLOGIES INC | l38930exv21w1.htm |
| EX-32.1 - EX-32.1 - ALLEGHENY TECHNOLOGIES INC | l38930exv32w1.htm |
| EX-31.2 - EX-31.2 - ALLEGHENY TECHNOLOGIES INC | l38930exv31w2.htm |
| EX-10.25 - EX-10.25 - ALLEGHENY TECHNOLOGIES INC | l38930exv10w25.htm |
| EX-10.24 - EX-10.24 - ALLEGHENY TECHNOLOGIES INC | l38930exv10w24.htm |
| EX-10.23 - EX-10.23 - ALLEGHENY TECHNOLOGIES INC | l38930exv10w23.htm |
Exhibit 12.1
Allegheny Technologies Incorporated
Computation of Ratio of Earnings to Fixed Charges
| (Dollars in millions) | ||||||||||||||||||||
| For the Years Ended December 31, | 2009 | 2008 | 2007 | 2006 | 2005 | |||||||||||||||
Income before income tax provision (benefit) and cumulative
effect of change in accounting principle |
$ | 64.9 | $ | 867.7 | $ | 1,154.1 | $ | 880.7 | $ | 316.0 | ||||||||||
(Income) loss recognized on less than fifty percent owned persons |
18.6 | (4.6 | ) | (11.8 | ) | (16.4 | ) | (12.7 | ) | |||||||||||
Noncontrolling interest in the income of subsidiary with fixed
charges |
(6.3 | ) | (7.6 | ) | (6.8 | ) | (8.1 | ) | (4.9 | ) | ||||||||||
| $ | 77.2 | $ | 855.5 | $ | 1,135.5 | $ | 856.2 | $ | 298.4 | |||||||||||
Fixed Charges: |
||||||||||||||||||||
Interest expense |
$ | 19.3 | $ | 12.4 | $ | 30.0 | $ | 37.7 | $ | 46.3 | ||||||||||
Portion of rents deemed to be interest |
7.1 | 7.0 | 6.4 | 6.8 | 7.0 | |||||||||||||||
Capitalized interest |
39.0 | 25.0 | 9.8 | 4.5 | 0.2 | |||||||||||||||
Debt extinguishment costs |
9.2 | — | — | — | — | |||||||||||||||
Amortization of debt expense |
2.1 | 0.8 | 0.8 | 0.7 | 0.6 | |||||||||||||||
Fixed Charges excluding capitalized interest |
76.7 | 45.2 | 47.0 | 49.7 | 54.1 | |||||||||||||||
Earnings adjustments: |
||||||||||||||||||||
Capitalized interest |
(39.0 | ) | (25.0 | ) | (9.8 | ) | (4.5 | ) | (0.2 | ) | ||||||||||
Earnings, as adjusted |
$ | 114.9 | $ | 875.7 | $ | 1,172.7 | $ | 901.4 | $ | 352.3 | ||||||||||
Ratio of earnings to fixed charges |
1.5 | 19.4 | 25.0 | 18.1 | 6.5 | |||||||||||||||