EX-12.1 3 l26991aexv12w1.htm EX-12.1 EX-12.1
 

Exhibit 12.1
Allegheny Technologies Incorporated
Computation of Ratio of Earnings to Fixed Charges
(dollars in millions)
                 
    Three Months     Six Months  
    Ended     Ended  
    6/30/07     6/30/07  
Income before income tax provision
  $ 325.9     $ 630.5  
Income recognized on less than fifty percent owned persons
    (5.3 )     (9.9 )
Minority interest in the income of subsidiary with fixed charges
           
 
           
 
  $ 320.6     $ 620.6  
 
           
Fixed Charges:
               
Interest expense
  $ 8.5     $ 17.3  
Portion of rents deemed to be interest
    1.7       3.3  
Capitalized interest
    1.6       3.2  
Amortization of debt expense
    0.2       0.4  
 
           
Fixed Charges excluding capitalized interest
  $ 12.0     $ 24.2  
Earnings adjustments:
               
Capitalized interest
  $ (1.6 )   $ (3.2 )
 
           
Earnings, as adjusted
  $ 331.0     $ 641.6  
 
           
Ratio of earnings to fixed charges
    27.6       26.5