Years Ended December 31, | ||||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||
Earnings as Adjusted | ||||||||||||||||||||
Earnings from continuing operations | $ | 274.4 | $ | 227.4 | $ | 194.9 | $ | 756.8 | $ | 124.6 | ||||||||||
Add: | Income tax provision (benefit) | 115.3 | 87.8 | 93.0 | (547.9 | ) | 31.4 | |||||||||||||
Interest and other financial charges included in expense | 27.5 | 27.8 | 29.9 | 41.9 | 66.3 | |||||||||||||||
Interest portion of rent expense | 12.0 | 10.4 | 8.8 | 14.3 | 11.1 | |||||||||||||||
Dividends received from 50%-or-less-owned affiliates | — | — | — | 0.3 | — | |||||||||||||||
Subtract: | Impairment of equity method investment | — | — | (20.2 | ) | — | — | |||||||||||||
Earnings (loss) from 50%-or-less-owned affiliates | 4.3 | 3.7 | 1.8 | (2.1 | ) | (3.7 | ) | |||||||||||||
$ | 424.9 | $ | 349.7 | $ | 345.0 | $ | 267.5 | $ | 237.1 | |||||||||||
Fixed Charges | ||||||||||||||||||||
Interest and other financial charges | $ | 27.5 | $ | 27.8 | $ | 29.9 | $ | 41.9 | $ | 66.3 | ||||||||||
Interest portion of rent expense | 12.0 | 10.4 | 8.8 | 14.3 | 11.1 | |||||||||||||||
Capitalized interest | 2.6 | 0.7 | 1.2 | 1.8 | 0.5 | |||||||||||||||
$ | 42.1 | $ | 38.9 | $ | 39.9 | $ | 58.0 | $ | 77.9 | |||||||||||
Ratio of earnings to fixed charges | 10.1 | x | 9.0 | x | 8.6 | x | 4.6 | x | 3.0 | x |