Attached files
| file | filename |
|---|---|
| EX-32 - EXHIBIT 32 - TIMKEN CO | tkr93018exhibit32.htm |
| EX-31.2 - EXHIBIT 31.2 - TIMKEN CO | tkr93018exhibit312.htm |
| EX-31.1 - EXHIBIT 31.1 - TIMKEN CO | tkr93018exhibit311.htm |
| EX-10.7 - EXHIBIT 10.7 - TIMKEN CO | tkr93018exhibit107.htm |
| EX-10.6 - EXHIBIT 10.6 - TIMKEN CO | tkr93018exhibit106.htm |
| EX-10.5 - EXHIBIT 10.5 - TIMKEN CO | tkr93018exhibit105.htm |
| EX-10.4 - EXHIBIT 10.4 - TIMKEN CO | tkr93018exhibit104.htm |
| EX-10.3 - EXHIBIT 10.3 - TIMKEN CO | tkr93018exhibit103.htm |
| EX-10.2 - EXHIBIT 10.2 - TIMKEN CO | tkr93018exhibit102.htm |
| EX-10.1 - EXHIBIT 10.1 - TIMKEN CO | tkr93018exhibit101.htm |
| 10-Q - 10-Q - TIMKEN CO | tkr10-q93018.htm |
EXHIBIT 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions, except ratio amounts)
Nine Months Ended September 30, | Twelve Months Ended, December 31, | |||||||||||||||||||||
2018 | 2017 | 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||
Income from continuing operations before income taxes | $ | 328.2 | $ | 202.7 | $ | 259.9 | $ | 201.6 | $ | 217.7 | $ | 121.4 | $ | 692.1 | ||||||||
Share of undistributed (income) loss from 50%-or-less-owned affiliates, excluding affiliates with guaranteed debt | (0.5 | ) | (0.7 | ) | (0.8 | ) | (0.9 | ) | (0.8 | ) | (0.6 | ) | (0.4 | ) | ||||||||
Amortization of capitalized interest | 0.2 | 0.4 | 0.4 | 0.6 | 0.6 | 0.9 | (1.3 | ) | ||||||||||||||
Interest expense | 33.2 | 26.5 | 37.1 | 33.5 | 33.4 | 28.7 | 24.4 | |||||||||||||||
Interest portion of rental expense | 3.6 | 2.7 | 4.4 | 4.8 | 4.8 | 5.2 | 8.0 | |||||||||||||||
Earnings | $ | 364.7 | $ | 231.6 | $ | 301.0 | $ | 239.6 | $ | 255.7 | $ | 155.6 | $ | 722.8 | ||||||||
Interest | 33.6 | 27.1 | 37.8 | 34.6 | 33.4 | 30.4 | 37.1 | |||||||||||||||
Interest portion of rental expense | 3.6 | 2.7 | 4.4 | 4.8 | 4.8 | 5.2 | 8.0 | |||||||||||||||
Fixed Charges | $ | 37.2 | $ | 29.8 | $ | 42.2 | $ | 39.4 | $ | 38.2 | $ | 35.6 | $ | 45.1 | ||||||||
Ratio of Earnings to Fixed Charges | 9.80 | 7.77 | 7.13 | 6.08 | 6.69 | 4.37 | 16.03 | |||||||||||||||