Exhibit 12.1
Ratio of Earnings to Fixed Charges
(In Millions)
| Year Ended December 31, | ||||||||||||||||||
| 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||
| Consolidated pretax income from continuing operations |
$ | 290.6 | $ | 716.3 | $ | 380.7 | $ | 387.8 | $ | 368.1 | ||||||||
| Undistributed earnings of non-consolidated affiliates |
(65.5 | ) | (35.1 | ) | (11.2 | ) | 0.1 | 0.1 | ||||||||||
| Amortization of capitalized interest |
3.0 | 5.6 | 2.0 | 2.0 | 2.0 | |||||||||||||
| Interest expense |
39.0 | 39.8 | 22.6 | 3.6 | 4.5 | |||||||||||||
| Acceleration of debt issuance costs |
— | — | 0.8 | 1.7 | — | |||||||||||||
| Interest portion of rental expense |
5.8 | 8.4 | 4.7 | 5.4 | 5.0 | |||||||||||||
| Total Earnings |
$ | 272.9 | $ | 735.0 | $ | 399.6 | $ | 400.6 | $ | 379.7 | ||||||||
| Interest expense |
$ | 39.0 | $ | 39.8 | $ | 22.6 | $ | 3.6 | $ | 4.5 | ||||||||
| Acceleration of debt issuance costs |
— | — | 0.8 | 1.7 | — | |||||||||||||
| Interest portion of rental expense |
5.8 | 8.4 | 4.7 | 5.4 | 5.0 | |||||||||||||
| Fixed Charges |
$ | 44.8 | $ | 48.2 | $ | 28.1 | $ | 10.7 | $ | 9.5 | ||||||||
| RATIO OF EARNINGS TO FIXED CHARGES |
6.1x | 15.2x | 14.2x | 37.4x | 40.0x | |||||||||||||