Attached files
file | filename |
---|---|
EX-32.1 - EXHIBIT 32.1 - ALLEGHENY TECHNOLOGIES INC | fy2018q3exhibit321.htm |
EX-31.2 - EXHIBIT 31.2 - ALLEGHENY TECHNOLOGIES INC | fy2018q3exhibit312.htm |
EX-31.1 - EXHIBIT 31.1 - ALLEGHENY TECHNOLOGIES INC | fy2018q3exhibit311.htm |
10-Q - 10-Q - ALLEGHENY TECHNOLOGIES INC | ati10-qq32018.htm |
Exhibit 12.1
Allegheny Technologies Incorporated
Computation of Ratio of Earnings to Fixed Charges
(Dollars in millions)
(Unaudited)
Nine Months Ended | |||
September 30, 2018 | |||
Income before income taxes | $ | 208.5 | |
Income recognized on less than fifty percent owned persons | (2.5 | ) | |
Noncontrolling interest in the income of subsidiary with fixed charges | (10.4 | ) | |
$ | 195.6 | ||
Fixed Charges: | |||
Interest expense | $ | 73.7 | |
Portion of rents deemed to be interest | 6.0 | ||
Capitalized interest | 3.5 | ||
Amortization of debt expense | 2.7 | ||
Fixed charges excluding capitalized interest | 85.9 | ||
Earnings adjustments: | |||
Capitalized interest | (3.5 | ) | |
Earnings, as adjusted | $ | 278.0 | |
Ratio of earnings to fixed charges | 3.2 |