Attached files
| file | filename |
|---|---|
| EX-32.1 - EXHIBIT 32.1 - ALLEGHENY TECHNOLOGIES INC | fy2017q3exhibit321.htm |
| EX-31.2 - EXHIBIT 31.2 - ALLEGHENY TECHNOLOGIES INC | fy2017q3exhibit312.htm |
| EX-31.1 - EXHIBIT 31.1 - ALLEGHENY TECHNOLOGIES INC | fy2017q3exhibit311.htm |
| 10-Q - 10-Q - ALLEGHENY TECHNOLOGIES INC | ati10-qq32017.htm |
Exhibit 12.1
Allegheny Technologies Incorporated
Computation of Ratio of Earnings to Fixed Charges
(Dollars in millions)
(Unaudited)
Nine Months Ended | |||
September 30, 2017 | |||
Loss before income taxes | $ | (86.9 | ) |
Income recognized on less than fifty percent owned persons | (0.1 | ) | |
Noncontrolling interest in the income of subsidiary with fixed charges | (8.7 | ) | |
$ | (95.7 | ) | |
Fixed Charges: | |||
Interest expense | $ | 99.0 | |
Portion of rents deemed to be interest | 4.2 | ||
Capitalized interest | 1.9 | ||
Amortization of debt expense | 3.8 | ||
Fixed charges excluding capitalized interest | 108.9 | ||
Earnings adjustments: | |||
Capitalized interest | (1.9 | ) | |
Earnings, as adjusted | $ | 11.3 | |
Ratio of earnings to fixed charges | 0.1 | ||
(1) For the nine months ended September 30, 2017, fixed charges exceeded earnings by $97.6 million.