Exhibit 12

EMERSON ELECTRIC CO. AND SUBSIDIARIES

COMPUTATION OF THE RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions)

																			Six Months Ended Mar 31, 2016
	Years 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				1,111
Fixed charges		370				373			373			355			331				173
Earnings, as defined		$	4,001			3,488			3,569			3,703			4,492				1,284
Fixed Charges:
Interest Expense		$	246			241			234			218			200				108
One-third of all rents		124				132			139			137			131				65
Total fixed charges		$	370			373			373			355			331				173
Ratio of Earnings to Fixed Charges		10.8X				9.4X			9.6X			10.4X			13.6X				7.4X