Attached files
file | filename |
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EX-32.1 - EXHIBIT 32.1 - ALLEGHENY TECHNOLOGIES INC | fy2017q2exhibit321.htm |
EX-31.2 - EXHIBIT 31.2 - ALLEGHENY TECHNOLOGIES INC | fy2017q2exhibit312.htm |
EX-31.1 - EXHIBIT 31.1 - ALLEGHENY TECHNOLOGIES INC | fy2017q2exhibit311.htm |
EX-10.1 - EXHIBIT 10.1 - ALLEGHENY TECHNOLOGIES INC | fy2017q2exhibit101.htm |
10-Q - 10-Q - ALLEGHENY TECHNOLOGIES INC | ati10-qq22017.htm |
Exhibit 12.1
Allegheny Technologies Incorporated
Computation of Ratio of Earnings to Fixed Charges
(Dollars in millions)
(Unaudited)
Six Months Ended | |||
June 30, 2017 | |||
Income before income taxes and cumulative effect of change in accounting principle | $ | 34.4 | |
Income recognized on less than fifty percent owned persons | (0.2 | ) | |
Noncontrolling interest in the income of subsidiary with fixed charges | (6.9 | ) | |
$ | 27.3 | ||
Fixed Charges: | |||
Interest expense | $ | 65.8 | |
Portion of rents deemed to be interest | 2.8 | ||
Capitalized interest | 1.5 | ||
Amortization of debt expense | 2.7 | ||
Fixed charges excluding capitalized interest | 72.8 | ||
Earnings adjustments: | |||
Capitalized interest | (1.5 | ) | |
Earnings, as adjusted | $ | 98.6 | |
Ratio of earnings to fixed charges | 1.4 |