Attached files

file filename
EX-32.1 - EXHIBIT 32.1 - ALLEGHENY TECHNOLOGIES INCfy2018q3exhibit321.htm
EX-31.2 - EXHIBIT 31.2 - ALLEGHENY TECHNOLOGIES INCfy2018q3exhibit312.htm
EX-31.1 - EXHIBIT 31.1 - ALLEGHENY TECHNOLOGIES INCfy2018q3exhibit311.htm
10-Q - 10-Q - ALLEGHENY TECHNOLOGIES INCati10-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