Exhibit 12

EMERSON ELECTRIC CO. AND SUBSIDIARIES

COMPUTATION OF THE RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions)

	Year Ended September 30,
	2008				2009			2010			2011			2012
Earnings:
Earnings from continuing operations before income taxes	$	3,645			2,450			2,879			3,631			3,115
Fixed charges	351				362			398			370			373
Earnings, as defined	$	3,996			2,812			3,277			4,001			3,488
Fixed Charges:
Interest Expense	$	244			244			280			246			241
One-third of all rents	107				118			118			124			132
Total fixed charges	$	351			362			398			370			373
Ratio of Earnings to Fixed Charges	11.4X				7.8X			8.2X			10.8X			9.4X