EX-12
Published on February 2, 2011
Exhibit
12
EMERSON
ELECTRIC CO. AND SUBSIDIARIES
COMPUTATION
OF THE RATIO OF EARNINGS TO FIXED CHARGES
(Dollars
in Millions)
Three Months
|
||||||||||||||||||||||||
Ended
|
||||||||||||||||||||||||
Year Ended September 30,
|
December 31,
|
|||||||||||||||||||||||
2006
|
2007
|
2008
|
2009
|
2010
|
2010
|
|||||||||||||||||||
Earnings:
|
||||||||||||||||||||||||
Earnings
from continuing operations before income taxes
|
$ | 2,695 | 3,107 | 3,645 | 2,450 | 2,879 | 713 | |||||||||||||||||
Fixed
charges
|
308 | 356 | 351 | 362 | 398 | 96 | ||||||||||||||||||
Earnings,
as defined
|
$ | 3,003 | 3,463 | 3,996 | 2,812 | 3,277 | 809 | |||||||||||||||||
Fixed
Charges:
|
||||||||||||||||||||||||
Interest
expense
|
$ | 225 | 261 | 244 | 244 | 280 | 66 | |||||||||||||||||
One-third
of all rents
|
83 | 95 | 107 | 118 | 118 | 30 | ||||||||||||||||||
Total
fixed charges
|
$ | 308 | 356 | 351 | 362 | 398 | 96 | |||||||||||||||||
Ratio
of Earnings to Fixed Charges
|
9.7 | X | 9.7 | X | 11.4 | X | 7.8 | X | 8.2 | X | 8.5 | X |