Exhibit 12

EMERSON ELECTRIC CO. AND SUBSIDIARIES

COMPUTATION OF THE RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions)

	Year Ended September 30,
	2010				2011			2012			2013			2014
Earnings:
Earnings from continuing operations before income taxes	$	2,879			3,631			3,115			3,196			3,348
Fixed charges	398				370			373			373			355
Earnings, as defined	$	3,277			4,001			3,488			3,569			3,703
Fixed Charges:
Interest Expense	$	280			246			241			234			218
One-third of all rents	118				124			132			139			137
Total fixed charges	$	398			370			373			373			355
Ratio of Earnings to Fixed Charges	8.2X				10.8X			9.4X			9.6X			10.4X