Exhibit 12.1
Allegheny Technologies Incorporated
Computation of Ratio of Earnings to Fixed Charges
(Dollars in millions)
| Six | ||||
| Months | ||||
| Ended | ||||
| 6/30/2012 | ||||
Income before income tax provision and cumulative effect of change in accounting principle | $ | 173.8 | ||
(Income) loss recognized on less than fifty percent owned persons | (4.2 | ) | ||
Noncontrolling interest in the income of subsidiary with fixed charges | (4.4 | ) | ||
|
| |||
| $ | 165.2 | |||
Fixed Charges: | ||||
Interest expense | $ | 37.0 | ||
Portion of rents deemed to be interest | 4.0 | |||
Capitalized interest | 10.1 | |||
Amortization of debt expense | 1.7 | |||
|
| |||
Fixed charges excluding capitalized interest | 52.8 | |||
Earnings adjustments: | ||||
Capitalized interest | (10.1 | ) | ||
|
| |||
Earnings, as adjusted | $ | 207.9 | ||
|
| |||
Ratio of earnings to fixed charges | 3.9 | |||
|
| |||
