Form: 10-Q

Quarterly report [Sections 13 or 15(d)]

May 12, 2000

RATIO OF EARNINGS TO FIXED CHARGES

Published on May 12, 2000


EXHIBIT 12

EMERSON ELECTRIC CO. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
SIX MONTHS ENDED MARCH 31, 2000
(Dollars in millions)


Earnings:
Income before income taxes $1,053.2
Fixed charges 155.6
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Earnings, as defined $1,208.8
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Fixed charges:
Interest expense $ 126.0
One-third of all rents 29.6
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Total fixed charges $ 155.6
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Ratio of Earnings to Fixed Charges 7.8x
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Represents income before income taxes and minority interests in the income of
consolidated subsidiaries with fixed charges.