Attached files
| file | filename |
|---|---|
| EX-32.1 - EXHIBIT 32.1 - ALLEGHENY TECHNOLOGIES INC | fy2017q1exhibit321.htm |
| EX-31.2 - EXHIBIT 31.2 - ALLEGHENY TECHNOLOGIES INC | fy2017q1exhibit312.htm |
| EX-31.1 - EXHIBIT 31.1 - ALLEGHENY TECHNOLOGIES INC | fy2017q1exhibit311.htm |
| 10-Q - 10-Q - ALLEGHENY TECHNOLOGIES INC | ati201710-qq1.htm |
Exhibit 12.1
Allegheny Technologies Incorporated
Computation of Ratio of Earnings to Fixed Charges
(Dollars in millions)
(Unaudited)
Three Months Ended | ||||
March 31, 2017 | ||||
Income before income taxes and cumulative effect of change in accounting principle | $ | 23.1 | ||
Income recognized on less than fifty percent owned persons | (0.2 | ) | ||
Noncontrolling interest in the income of subsidiary with fixed charges | (3.6 | ) | ||
$ | 19.3 | |||
Fixed Charges: | ||||
Interest expense | $ | 32.6 | ||
Portion of rents deemed to be interest | 1.7 | |||
Capitalized interest | 0.7 | |||
Amortization of debt expense | 1.2 | |||
Fixed charges excluding capitalized interest | 36.2 | |||
Earnings adjustments: | ||||
Capitalized interest | (0.7 | ) | ||
Earnings, as adjusted | $ | 54.8 | ||
Ratio of earnings to fixed charges | 1.5 | |||