EX-12.1 2 l32552aexv12w1.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     Six  
    Months     Months  
    Ended     Ended  
    6/30/08     6/30/08  
Income before income tax provision
   $ 250.1     $ 470.0  
Income recognized on less than fifty percent owned persons
     (1.8 )     (0.4 )
Minority interest in the income of subsidiary with fixed charges
     —       —  
 
            
 
   $ 248.3     $ 469.6  
 
            
 
                
Fixed Charges:
                
Interest expense
   $ 3.5     $ 7.3  
Portion of rents deemed to be interest
     1.7       3.3  
Capitalized interest
     5.9       11.6  
Amortization of debt expense
     0.2       0.4  
 
            
Fixed Charges excluding capitalized interest
   $ 11.3     $ 22.6  
Earnings adjustments:
                
Capitalized interest
   $ (5.9 )   $ (11.6 )
 
            
Earnings, as adjusted
   $ 253.7     $ 480.6  
 
            
Ratio of earnings to fixed charges
     22.5       21.3  
 
            

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