Attached files
EXHIBIT
12
Computation
of Ratio of Earnings to Fixed Charges
(in
millions except ratio of earnings to fixed charges)
|
Nine
Months Ended
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|
September
30,
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|
2009
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|
Earnings:
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|
Income
from continuing operations before income taxes
|
$ | 436.0 | ||
|
Portion
of rents representative of interest expense
|
4.6 | |||
|
Interest
on indebtedness, including amortization of deferred loan
costs
|
0.1 | |||
|
Amortization
of capitalized interest
|
- | |||
|
Earnings,
as adjusted
|
$ | 440.7 | ||
|
Fixed
Charges:
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|
Portion
of rents representative of interest expense
|
$ | 4.6 | ||
|
Interest
on indebtedness, including amortization of deferred loan
costs
|
0.1 | |||
|
Capitalized
interest
|
51.7 | |||
|
Total
fixed charges
|
$ | 56.4 | ||
|
Ratio
of earnings to fixed charges
|
7.81 | x | ||