EXHIBIT 12
Published on February 3, 2016
Exhibit 12
EMERSON ELECTRIC CO. AND SUBSIDIARIES
COMPUTATION OF THE RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)
|
Three Months Ended
Dec 31, 2015
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Years ended September 30 |
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2011 |
2012 |
2013 |
2014 |
2015 |
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Earnings: |
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Earnings from continuing operations before income taxes |
$ |
3,631 |
3,115 |
3,196 |
3,348 |
4,161 |
503 |
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Fixed charges |
370 |
373 |
373 |
355 |
331 |
86 |
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Earnings, as defined |
$ |
4,001 |
3,488 |
3,569 |
3,703 |
4,492 |
589 |
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Fixed Charges: |
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Interest Expense |
$ |
246 |
241 |
234 |
218 |
200 |
54 |
|||||||||||||
One-third of all rents |
124 |
132 |
139 |
137 |
131 |
32 |
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Total fixed charges |
$ |
370 |
373 |
373 |
355 |
331 |
86 |
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Ratio of Earnings to Fixed Charges |
10.8X |
9.4X |
9.6X |
10.4X |
13.6X |
6.8X |
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