Form: 10-Q

Quarterly report [Sections 13 or 15(d)]

May 14, 2002

Documents

                                                                   EXHIBIT 12

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

 

_________________YEAR ENDED SEPTEMBER 30,________________

SIX MONTHS
ENDED
MARCH 31,

 

  1997 

 

  1998 

 

  1999 

 

  2000 

 

  2001 

 

  2002 

 

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 



787.2 
  168.4 


Earnings, as defined


$1,998.2 


2,220.5

 


2,322.1

 


2,572.4

 


2,001.6

 


__955.6

 

 

 

 

 

 

 

 

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 


131.9 

   36.5 

Total fixed charges

$  176.5 

  218.2

 

  258.1

 

  359.5

 

  377.3

 

  168.4

 

 

 

 

 

 

 

 

Ratio of Earnings
 to Fixed Charges


   11.3

x


   10.2

x


    9.0

x


    7.2

x


    5.3

x


    5.7

x

 

 

 

 

 

 

 

 

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