Years Ended December 31, | ||||||||||||||||||||
2019 | 2018 | 2017 | 2016 | 2015 | ||||||||||||||||
Earnings (A) | ||||||||||||||||||||
Earnings from continuing operations | $ | 30.4 | $ | 253.4 | $ | 101.3 | $ | 188.4 | $ | 143.5 | ||||||||||
Add: | Income tax provision | 80.3 | 57.3 | 111.6 | 78.6 | 49.9 | ||||||||||||||
Interest and other financial charges included in expense | 76.0 | 46.0 | 26.4 | 27.5 | 27.8 | |||||||||||||||
Interest portion of rent expense | 4.1 | 5.3 | 9.0 | 8.9 | 7.3 | |||||||||||||||
Dividends received from 50%-or-less-owned affiliates | — | — | 0.4 | — | — | |||||||||||||||
Subtract: | Gain (impairment) of equity investment | — | 2.3 | — | — | — | ||||||||||||||
Earnings from 50%-or-less-owned affiliates | 7.3 | 7.7 | 6.1 | 4.3 | 3.7 | |||||||||||||||
$ | 183.5 | $ | 352.0 | $ | 242.6 | $ | 299.1 | $ | 224.8 | |||||||||||
Fixed Charges (A) | ||||||||||||||||||||
Interest and other financial charges | $ | 76.0 | $ | 46.0 | $ | 26.4 | $ | 27.5 | $ | 27.8 | ||||||||||
Interest portion of rent expense | 4.1 | 5.3 | 9.0 | 8.9 | 7.3 | |||||||||||||||
Capitalized interest | 5.0 | 2.2 | 4.6 | 2.6 | 0.7 | |||||||||||||||
$ | 85.1 | $ | 53.5 | $ | 40.0 | $ | 39.0 | $ | 35.8 | |||||||||||
Ratio of earnings to fixed charges | 2.2 | x | 6.6 | x | 6.1 | x | 7.7 | x | 6.3 | x |