Exhibit 12

EMERSON ELECTRIC CO. AND SUBSIDIARIES

COMPUTATION OF THE RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions)

	Year Ended September 30,
	2011				2012			2013			2014			2015
Earnings:
Earnings from continuing operations before income taxes	$	3,631			3,115			3,196			3,348			4,161
Fixed charges	370				373			373			355			331
Earnings, as defined	$	4,001			3,488			3,569			3,703			4,492
Fixed Charges:
Interest expense	$	246			241			234			218			200
One-third of all rents	124				132			139			137			131
Total fixed charges	$	370			373			373			355			331
Ratio of Earnings to Fixed Charges	10.8X				9.4X			9.6X			10.4X			13.6X