Attached files
| file | filename |
|---|---|
| EX-32.1 - EXHIBIT 32.1 - ALLEGHENY TECHNOLOGIES INC | fy2016q2exhibit321.htm |
| EX-31.2 - EXHIBIT 31.2 - ALLEGHENY TECHNOLOGIES INC | fy2016q2exhibit312.htm |
| EX-31.1 - EXHIBIT 31.1 - ALLEGHENY TECHNOLOGIES INC | fy2016q2exhibit311.htm |
| EX-10.2 - EXHIBIT 10.2 - ALLEGHENY TECHNOLOGIES INC | fy2016q2exhibit102.htm |
| 10-Q - 10-Q - ALLEGHENY TECHNOLOGIES INC | ati201610-qq2.htm |
Exhibit 12.1
Allegheny Technologies Incorporated
Computation of Ratio of Earnings to Fixed Charges
(Dollars in millions)
(Unaudited)
Six Months Ended | ||||
June 30, 2016 | ||||
Loss before income tax benefit and cumulative effect of change in accounting principle | $ | (173.7 | ) | |
Income recognized on less than fifty percent owned persons | 2.7 | |||
Noncontrolling interest in the income of subsidiary with fixed charges | (6.4 | ) | ||
$ | (177.4 | ) | ||
Fixed Charges: | ||||
Interest expense | $ | 58.1 | ||
Portion of rents deemed to be interest | 3.9 | |||
Capitalized interest | 2.0 | |||
Amortization of debt expense | 1.4 | |||
Fixed charges excluding capitalized interest | 65.4 | |||
Earnings adjustments: | ||||
Capitalized interest | (2.0 | ) | ||
Earnings, as adjusted | $ | (114.0 | ) | |
Ratio of earnings to fixed charges | — | (1) | ||
(1) For the six months ended June 30, 2016, fixed charges exceeded earnings by $179.4 million.