EX-12
Published on November 23, 2010
Exhibit
12
EMERSON
ELECTRIC CO. AND SUBSIDIARIES
COMPUTATION
OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in
Millions)
Year Ended September 30,
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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
|
$ | 2,695 | 3,107 | 3,645 | 2,450 | 2,879 | ||||||||||||||
Fixed
charges
|
308 | 356 | 351 | 362 | 398 | |||||||||||||||
Earnings,
as defined
|
$ | 3,003 | 3,463 | 3,996 | 2,812 | 3,277 | ||||||||||||||
Fixed
Charges:
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Interest
expense
|
$ | 225 | 261 | 244 | 244 | 280 | ||||||||||||||
One-third
of all rents
|
83 | 95 | 107 | 118 | 118 | |||||||||||||||
Total
fixed charges
|
$ | 308 | 356 | 351 | 362 | 398 | ||||||||||||||
Ratio
of Earnings to Fixed Charges
|
9.7X | 9.7X | 11.4X | 7.8X | 8.2X |