Attached files
| file | filename |
|---|---|
| EX-32 - EXHIBIT 32 - TIMKEN CO | tkr33118exhibit32.htm |
| EX-31.2 - EXHIBIT 31.2 - TIMKEN CO | tkr33118exhibit312.htm |
| EX-31.1 - EXHIBIT 31.1 - TIMKEN CO | tkr33118exhibit311.htm |
| EX-10.7 - EXHIBIT 10.7 - TIMKEN CO | tkr33118exhibit107.htm |
| EX-10.6 - EXHIBIT 10.6 - TIMKEN CO | tkr33118exhibit106.htm |
| EX-10.5 - EXHIBIT 10.5 - TIMKEN CO | tkr33118exhibit105.htm |
| EX-10.4 - EXHIBIT 10.4 - TIMKEN CO | tkr33118exhibit104.htm |
| EX-10.3 - EXHIBIT 10.3 - TIMKEN CO | tkr33118exhibit103.htm |
| EX-10.2 - EXHIBIT 10.2 - TIMKEN CO | tkr33118exhibit102.htm |
| EX-10.1 - EXHIBIT 10.1 - TIMKEN CO | tkr33118exhibit101.htm |
| 10-Q - 10-Q - TIMKEN CO | tkr10-q33118.htm |
EXHIBIT 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions, except ratio amounts)
Three Months Ended March 31, | Twelve Months Ended, December 31, | |||||||||||||||||||||
2018 | 2017 | 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||
Income from continuing operations before income taxes | $ | 108.8 | $ | 53.6 | $ | 259.9 | $ | 201.6 | $ | 217.7 | $ | 121.4 | $ | 692.1 | ||||||||
Share of undistributed (income) loss from 50%-or-less-owned affiliates, excluding affiliates with guaranteed debt | (0.1 | ) | (0.2 | ) | (0.8 | ) | (0.9 | ) | (0.8 | ) | (0.6 | ) | (0.4 | ) | ||||||||
Amortization of capitalized interest | 0.1 | 0.1 | 0.4 | 0.6 | 0.6 | 0.9 | (1.3 | ) | ||||||||||||||
Interest expense | 10.0 | 7.9 | 37.1 | 33.5 | 33.4 | 28.7 | 24.4 | |||||||||||||||
Interest portion of rental expense | 1.1 | 1.1 | 4.4 | 4.8 | 4.8 | 5.2 | 8.0 | |||||||||||||||
Earnings | $ | 119.9 | $ | 62.6 | $ | 301.0 | $ | 239.6 | $ | 255.7 | $ | 155.6 | $ | 722.8 | ||||||||
Interest | 10.1 | 8.1 | 37.8 | 34.6 | 33.4 | 30.4 | 37.1 | |||||||||||||||
Interest portion of rental expense | 1.1 | 1.1 | 4.4 | 4.8 | 4.8 | 5.2 | 8.0 | |||||||||||||||
Fixed Charges | $ | 11.2 | $ | 9.2 | $ | 42.2 | $ | 39.4 | $ | 38.2 | $ | 35.6 | $ | 45.1 | ||||||||
Ratio of Earnings to Fixed Charges | 10.71 | 6.80 | 7.13 | 6.13 | 6.91 | 4.37 | 16.03 | |||||||||||||||