Published on May 5, 2010
Exhibit
12
EMERSON
ELECTRIC CO. AND SUBSIDIARIES
COMPUTATION
OF THE RATIO OF EARNINGS TO FIXED CHARGES
(Dollars
in Millions)
|
Six Months
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Ended
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Year Ended September 30,
|
March 31,
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2005
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2006
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2007
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2008
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2009
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2010
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Earnings:
|
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Earnings
from continuing operations before income taxes
|
$ | 2,200 | 2,749 | 3,178 | 3,666 | 2,464 | 1,195 | |||||||||||||||||
|
Fixed
charges
|
323 | 313 | 361 | 356 | 365 | 202 | ||||||||||||||||||
|
Earnings,
as defined
|
$ | 2,523 | 3,062 | 3,539 | 4,022 | 2,829 | 1,397 | |||||||||||||||||
|
Fixed
Charges:
|
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|
Interest
expense
|
$ | 243 | 225 | 261 | 244 | 244 | 141 | |||||||||||||||||
|
One-third
of all rents
|
80 | 88 | 100 | 112 | 121 | 61 | ||||||||||||||||||
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Total
fixed charges
|
$ | 323 | 313 | 361 | 356 | 365 | 202 | |||||||||||||||||
|
Ratio
of Earnings to Fixed Charges
|
7.8X | 9.8X | 9.8X | 11.3X | 7.7X |
6.9X
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