Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - ALLEGHENY TECHNOLOGIES INC | ati201610-qq1.htm |
| EX-32.1 - EXHIBIT 32.1 - ALLEGHENY TECHNOLOGIES INC | fy2016q1exhibit321.htm |
| EX-10.1 - EXHIBIT 10.1 - ALLEGHENY TECHNOLOGIES INC | fy2016q1exhibit101.htm |
| EX-31.2 - EXHIBIT 31.2 - ALLEGHENY TECHNOLOGIES INC | fy2016q1exhibit312.htm |
| EX-31.1 - EXHIBIT 31.1 - ALLEGHENY TECHNOLOGIES INC | fy2016q1exhibit311.htm |
| EX-10.2 - EXHIBIT 10.2 - ALLEGHENY TECHNOLOGIES INC | fy2016q1exhibit102.htm |
Exhibit 12.1
Allegheny Technologies Incorporated
Computation of Ratio of Earnings to Fixed Charges
(Dollars in millions)
(Unaudited)
Three Months Ended | ||||
March 31, 2016 | ||||
Loss before income tax benefit and cumulative effect of change in accounting principle | $ | (132.3 | ) | |
Income recognized on less than fifty percent owned persons | 0.3 | |||
Noncontrolling interest in the income of subsidiary with fixed charges | (3.1 | ) | ||
$ | (135.1 | ) | ||
Fixed Charges: | ||||
Interest expense | $ | 28.2 | ||
Portion of rents deemed to be interest | 2.0 | |||
Capitalized interest | 0.8 | |||
Amortization of debt expense | 0.6 | |||
Fixed charges excluding capitalized interest | 31.6 | |||
Earnings adjustments: | ||||
Capitalized interest | (0.8 | ) | ||
Earnings, as adjusted | $ | (104.3 | ) | |
Ratio of earnings to fixed charges | — | (1) | ||
(1) For the three months ended March 31, 2016, fixed charges exceeded earnings by $135.9 million.