EX-12.1 147 d358808dex121.htm EX-12.1 EX-12.1

Exhibit 12.1

CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES

The following table reflects our consolidated ratio of earnings to fixed charges for the periods indicated. Earnings included in the calculation of this ratio consist of income from continuing operations before income taxes and equity in earnings (losses) of unconsolidated entities plus fixed charges and amortization of capitalized interest, less interest capitalized. Fixed charges include interest expense, capitalized interest, amortization of debt issue costs, as well as the imputed interest component of rental expense.

 

     Three Months
Ended
March 31
   Year Ended December 31,
         2012            2011            2011            2010            2009            2008            2007    

Ratio of earnings to fixed charges

   2.7    2.9    3.3    3.7    1.9    1.9    2.6