Form: 10-Q

Quarterly report [Sections 13 or 15(d)]

February 14, 2000

RATIO OF EARNINGS TO FIXED CHARGES

Published on February 14, 2000


EXHIBIT 12

EMERSON ELECTRIC CO. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
THREE MONTHS ENDED DECEMBER 31, 1999
(Dollars in millions)


Earnings:
Income before income taxes $503.0
Fixed charges 69.4
------
Earnings, as defined $572.4
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Fixed charges:
Interest expense $ 54.6
One-third of all rents 14.8
------
Total fixed charges $ 69.4
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Ratio of Earnings to Fixed Charges 8.2x
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Represents income before income taxes and minority interests in the income of
consolidated subsidiaries with fixed charges.