Form: 10-Q

Quarterly report [Sections 13 or 15(d)]

August 6, 2014



Exhibit 12

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

 
 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended
June 30, 2014
 
Years ended September 30
 
 
 
 
2009

 
2010

 
2011

 
2012

 
2013

 
 
Earnings:
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings from continuing operations before income taxes
 
$
2,450

 
2,879

 
3,631

 
3,115

 
3,196

 
 
2,532

Fixed charges
 
362

 
398

 
370

 
373

 
373

 
 
269

Earnings, as defined
 
$
2,812

 
3,277

 
4,001

 
3,488

 
3,569

 
 
2,801

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest Expense
 
$
244

 
280

 
246

 
241

 
234

 
 
165

One-third of all rents
 
118

 
118

 
124

 
132

 
139

 
 
104

Total fixed charges
 
$
362

 
398

 
370

 
373

 
373

 
 
269

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges
 
 7.8X

 
 8.2X

 
 10.8X

 
 9.4X

 
9.6X

 
 
10.4X