Exhibit 12.1
Ratio of Earnings to Fixed Charges
(In Millions)
| Six months ended June 30, | ||||||||
| 2010 | 2009 | |||||||
Consolidated pretax income from continuing operations |
$ | 520.9 | $ | 55.8 | ||||
Undistributed earnings of non-consolidated affiliates |
4.8 | (34.7 | ) | |||||
Amortization of capitalized interest |
1.8 | 1.8 | ||||||
Interest expense |
23.5 | 19.3 | ||||||
Interest portion of rental expense |
2.5 | 2.9 | ||||||
Total Earnings |
$ | 553.5 | $ | 45.1 | ||||
Interest expense |
$ | 23.5 | $ | 19.3 | ||||
Interest portion of rental expense |
2.5 | 2.9 | ||||||
Fixed Charges |
$ | 26.0 | $ | 22.2 | ||||
RATIO OF EARNINGS TO FIXED CHARGES |
21.3x | 2.0x | ||||||