Exhibit 12.1
Allegheny Technologies Incorporated
Computation of Ratio of Earnings to Fixed Charges
(Dollars in millions)
| Three Months Ended 3/31/2012 |
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| Income before income tax provision and cumulative effect of change in accounting principle |
$ | 84.1 | ||
| (Income) loss recognized on less than fifty percent owned persons |
(2.2 | ) | ||
| Noncontrolling interest in the income of subsidiary with fixed charges |
(2.1 | ) | ||
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| $ | 79.8 | |||
| Fixed Charges: |
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| Interest expense |
$ | 19.2 | ||
| Portion of rents deemed to be interest |
2.3 | |||
| Capitalized interest |
4.5 | |||
| Amortization of debt expense |
0.8 | |||
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| Fixed charges excluding capitalized interest |
26.8 | |||
| Earnings adjustments: |
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| Capitalized interest |
(4.5 | ) | ||
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| Earnings, as adjusted |
$ | 102.1 | ||
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| Ratio of earnings to fixed charges |
3.8 | |||
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