1 EXHIBIT 12.1 RATIO OF EARNINGS TO FIXED CHARGES SEPTEMBER 30, YEAR ENDED DECEMBER 31, 1999 1998 1998 1997 1996 1995 1994 ------------------------------------------------------------------------------------------ INCOME BEFORE EXTRAORDINARY CHARGES AND INCOME TAXES $208.0 $260.6 $294.2 $187.7 $100.5 $61.8 $65.0 FIXED CHARGES: Interest on debt $14.8 $18.5 $23.4 $18.1 $37.4 $39.0 $37.9 Accretion of discount on debt 10.0 9.0 12.1 10.9 9.7 8.7 3.0 Interest portion of rental expense 7.8 6.9 9.6 8.9 9.1 10.7 12.3 ------------------------------------------------------------------------------------------ Total Fixed Charges $32.6 $34.3 $45.0 $37.9 $56.2 $58.4 $53.2 ------------------------------------------------------------------------------------------ CAPITALIZED INTEREST - - - - - - - RATIO OF EARNINGS TO FIXED CHARGES 7.4 8.6 7.5 5.9 2.8 2.1 2.2 ========================================================================================== CALCULATION OF EARNINGS TO FIXED CHARGES: (income before extraordinary charges and income taxes) + (fixed charges) - (capitalized interest) - -------------------------------------------------------------- (fixed charges)