Form: 10-K

Annual report [Section 13 and 15(d), not S-K Item 405]

December 21, 2001

Documents

                                                               EXHIBIT 12

EMERSON ELECTRIC CO. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)

 

              YEAR ENDED SEPTEMBER 30,           

 

  

   1997  

 

   1998  

 

   1999  

 

   2000  

 

  2001  

  


Earnings:
 Income before income taxes (a)
 Fixed charges



$ 1,821.7 
    176.5 



2,002.3 
    218.2 



2,064.0 
    258.1 



2,212.9 
    359.5 



1,624.3  
   377.3  


    Earnings, as defined

 


$ 1,998.2

 


  2,220.5

 


  2,322.1

 


  2,572.4

 


 2,001.6

  

 

 

 

 

 

 

 

Fixed Charges:
 Interest expense
 One-third of all rents
  


$   124.2 
     52.3 


161.4 
     56.8 


199.0 
     59.1 


292.4 
     67.1 


304.3  
    73.0  

    Total fixed charges

 

$   176.5

 

    218.2

 

    258.1

 

    359.5

 

   377.3

  

 

 

 

 

 

 

 


Ratio of Earnings to Fixed Charges


     11.3

x


     10.2

x


      9.0

x


      7.2

x


     5.3

x 

 

 (a) Represents income before income taxes and minority interests in the income of
     consolidated subsidiaries with fixed charges.