Attached files
file | filename |
---|---|
EXCEL - IDEA: XBRL DOCUMENT - ALLEGHENY TECHNOLOGIES INC | Financial_Report.xls |
EX-31.2 - EXHIBIT 31.2 - ALLEGHENY TECHNOLOGIES INC | fy2014q2exhibit312.htm |
EX-31.1 - EXHIBIT 31.1 - ALLEGHENY TECHNOLOGIES INC | fy2014q2exhibit311.htm |
10-Q - 10-Q - ALLEGHENY TECHNOLOGIES INC | ati201410-qq2.htm |
EX-32.1 - EXHIBIT 32.1 - ALLEGHENY TECHNOLOGIES INC | fy2014q2exhibit321.htm |
Exhibit 12.1
Allegheny Technologies Incorporated
Computation of Ratio of Earnings to Fixed Charges
(Dollars in millions)
(Unaudited)
Six Months Ended | |||
June 30, 2014 | |||
Loss from continuing operations before income tax benefit and cumulative effect of change in accounting principle | $ | (29.4 | ) |
Loss recognized on less than fifty percent owned persons | 9.0 | ||
Noncontrolling interest in the income of subsidiary with fixed charges | (5.4 | ) | |
$ | (25.8 | ) | |
Fixed Charges: | |||
Interest expense | $ | 56.4 | |
Portion of rents deemed to be interest | 3.5 | ||
Capitalized interest | 3.6 | ||
Amortization of debt expense | 1.7 | ||
Fixed charges excluding capitalized interest | 65.2 | ||
Earnings adjustments: | |||
Capitalized interest | (3.6 | ) | |
Earnings, as adjusted | $ | 35.8 | |
Ratio of earnings to fixed charges | 0.5 |