Exhibit 12

EMERSON ELECTRIC CO. & SUBSIDIARIES

COMPUTATION OF THE RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions)

																			Three Months Ended December 31, 2017
	Years ended September 30
		2013				2014			2015			2016			2017
Earnings:
Earnings from continuing operations before income taxes		$	2,491			3,191			3,807			2,316			2,335				$	503
Fixed charges		373				355			331			337			304				73
Earnings, as defined		$	2,864			3,546			4,138			2,653			2,639				$	576
Fixed Charges:
Interest Expense		$	234			218			200			215			201				$	49
One-third of all rents		139				137			131			122			103				24
Total fixed charges		$	373			355			331			337			304				$	73
Ratio of Earnings to Fixed Charges		7.7X				10.0X			12.5X			7.9X			8.7X				7.9X