Form: 10-K

Annual report [Section 13 and 15(d), not S-K Item 405]

November 23, 2009

Exhibit 12
EMERSON ELECTRIC CO. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)
 
   
Year Ended September 30,
 
                               
   
2005
   
2006
   
2007
   
2008
   
2009
 
                               
Earnings:
                             
Earnings before income taxes (a)
  $ 2,200       2,749       3,178       3,666       2,464  
Fixed charges
    323       313       361       356       365  
                                         
Earnings, as defined
  $ 2,523       3,062       3,539       4,022       2,829  
                                         
Fixed Charges:
                                       
Interest expense
  $ 243       225       261       244       244  
One-third of all rents
    80       88       100       112       121  
                                         
Total fixed charges
  $ 323       313       361       356       365  
                                         
Ratio of Earnings to Fixed Charges    
    7.8 X     9.8 X     9.8 X     11.3 X     7.7 X
 
(a)
Represents pretax earnings from continuing operations and minority interests in the pretax income of consolidated subsidiaries having fixed charges.