Ratio of Earnings To Combined Fixed Charges | |||||||||||||||||||
And Preferred Stock Dividend Requirements | |||||||||||||||||||
(In Millions) | |||||||||||||||||||
Year Ended December 31, | |||||||||||||||||||
2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||
Consolidated pretax income (loss) from continuing operations | $ | (9,603.7 | ) | $ | 489.3 | $ | (501.8 | ) | $ | 2,190.5 | $ | 1,266.4 | |||||||
Undistributed earnings of non-consolidated affiliates | (9.9 | ) | (74.4 | ) | (404.8 | ) | 9.7 | 13.5 | |||||||||||
Amortization of capitalized interest | 0.3 | 2.3 | 3.7 | 3.6 | 3.6 | ||||||||||||||
Interest expense | 187.4 | 184.3 | 203.1 | 216.5 | 70.1 | ||||||||||||||
Acceleration of debt issuance costs | 3.6 | — | 0.2 | — | — | ||||||||||||||
Interest portion of rental expense | 2.3 | 2.1 | 2.8 | 3.6 | 4.6 | ||||||||||||||
Total Earnings | $ | (9,420.0 | ) | $ | 603.6 | $ | (696.8 | ) | $ | 2,423.9 | $ | 1,358.2 | |||||||
Interest expense | $ | 187.4 | $ | 184.3 | $ | 203.1 | $ | 216.5 | $ | 70.1 | |||||||||
Acceleration of debt issuance costs | 3.6 | — | 0.2 | — | — | ||||||||||||||
Interest portion of rental expense | 2.3 | 2.1 | 2.8 | 3.6 | 4.6 | ||||||||||||||
Preferred Stock dividend requirements | 51.2 | 48.7 | — | — | — | ||||||||||||||
Fixed Charges Requirements | $ | 244.5 | $ | 235.1 | $ | 206.1 | $ | 220.1 | $ | 74.7 | |||||||||
Fixed Charges and Preferred Stock Dividend Requirements | $ | 244.5 | $ | 235.1 | $ | 206.1 | $ | 220.1 | $ | 74.7 | |||||||||
RATIO OF EARNINGS TO FIXED CHARGES | (B) | 2.6 | (A) | 11.0 | 18.2 | ||||||||||||||
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDEND REQUIREMENTS | (B) | 2.6 | (A) | 11.0 | 18.2 | ||||||||||||||
(A) For the year ended December 31, 2012, there was a deficiency of earnings to cover the fixed charges of $902.9 million. | |||||||||||||||||||
(B) For the year ended December 31, 2014, there was a deficiency of earnings to cover the fixed charges of $9,664.5 million. | |||||||||||||||||||