Exhibit 12.1
| Ratio of Earnings To Combined Fixed Charges | |||||||||||||||||||
| And Preferred Stock Dividend Requirements | |||||||||||||||||||
| (In Millions) | |||||||||||||||||||
| Year Ended December 31, | |||||||||||||||||||
| 2012 | 2011 | 2010 | 2009 | 2008 | |||||||||||||||
| Consolidated pretax income (loss) from | |||||||||||||||||||
| continuing operations | $ | (501.8 | ) | $ | 2,190.5 | $ | 1,266.4 | $ | 282.3 | $ | 672.7 | ||||||||
| Undistributed earnings of non-consolidated | |||||||||||||||||||
| affiliates | (404.8 | ) | 9.7 | 13.5 | (65.5 | ) | (35.1 | ) | |||||||||||
| Amortization of capitalized interest | 3.7 | 3.6 | 3.6 | 3.0 | 5.6 | ||||||||||||||
| Interest expense | 203.1 | 216.5 | 70.1 | 39.0 | 39.8 | ||||||||||||||
| Acceleration of debt issuance costs | 0.2 | — | — | — | — | ||||||||||||||
| Interest portion of rental expense | 2.8 | 3.6 | 4.6 | 5.8 | 8.4 | ||||||||||||||
| Total Earnings | $ | (696.8 | ) | $ | 2,423.9 | $ | 1,358.2 | $ | 264.6 | $ | 691.4 | ||||||||
| Interest expense | $ | 203.1 | $ | 216.5 | $ | 70.1 | $ | 39.0 | $ | 39.8 | |||||||||
| Acceleration of debt issuance costs | 0.2 | — | — | — | — | ||||||||||||||
| Interest portion of rental expense | 2.8 | 3.6 | 4.6 | 5.8 | 8.4 | ||||||||||||||
| Preferred Stock dividend requirements | — | — | — | — | 1.4 | ||||||||||||||
| Fixed Charges Requirements | $ | 206.1 | $ | 220.1 | $ | 74.7 | $ | 44.8 | $ | 48.2 | |||||||||
| Fixed Charges and Preferred Stock Dividend | |||||||||||||||||||
| Requirements | $ | 206.1 | $ | 220.1 | $ | 74.7 | $ | 44.8 | $ | 49.6 | |||||||||
| RATIO OF EARNINGS TO FIXED | |||||||||||||||||||
| CHARGES | * | 11.0 | 18.2 | 5.9 | 14.3 | ||||||||||||||
| RATIO OF EARNINGS TO COMBINED | |||||||||||||||||||
| FIXED CHARGES AND PREFERRED | |||||||||||||||||||
| STOCK DIVIDEND REQUIREMENTS | * | 11.0 | 18.2 | 5.9 | 13.9 | ||||||||||||||
| (*) For the year ended December 31, 2012, there was a deficiency of earnings to cover the fixed charges of $902.9 million. | |||||||||||||||||||